UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-QSB

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


                  For the quarterly period ended June 30, 2006
                                                 -------------


                         Commission File No.33-55254-42


                        QUANTITATIVE METHODS CORPORATION
           (Name of small business issuer as specified in its charter)


           NEVADA                                87-0485310
-------------------------------            --------------------
(State or other jurisdiction of              (I.R.S. Employer
incorporation or organization)              Identification No.)

7575 Trans Canada Highway, Suite 500, St-Laurent (Quebec) Canada    H4T 1V6
(Address of principal executive offices)                          (Postal Code)

Issuer's telephone number, including area code:  (514) 745-5212

Indicate by check mark whether the issuer (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. [X] Yes [ ]No.

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

As of August 14, 2006, the issue had 17,550,000 shares of the common stock
issued and outstanding.

Transitional Small Business Disclosure Format (Check one):  [  ] Yes [X]No.


<PAGE>



                        QUANTITATIVE METHODS CORPORATION

                            FORM 10-QSB/JUNE 30, 2006

                                TABLE OF CONTENTS



PART I - FINANCIAL INFORMATION

     Item 1. - Financial Statements

           Consolidated Balance Sheets -
               June 30, 2006 (Unaudited) and March 31, 2006 (Audited)         3

           Consolidated Statements of Operations - (Unaudited)
               Three Months ended June 30, 2006 and 2005
                  and from Date of Inception to June 30, 2006                 4

           Consolidated Statements of Cash Flows - (Unaudited)
               Three Months ended June 30, 2006 and 2005
                  and from Date of Inception to June 30, 2006                 5

           Notes to Consolidated Financial Statements (Unaudited)             6


     Item 2. - Management's Discussion and Analysis or Plan of Operation     11

     Item 3. - Controls and Procedures                                       13

PART II - OTHER INFORMATION

     Item 6. - Exhibits                                                      13

Signature                                                                    14




<PAGE>



PART I - FINANCIAL INFORMATION

ITEM 1. Financial Statements.

                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                          (A Development Stage Company)
                           CONSOLIDATED BALANCE SHEETS
                         (expressed in Canadian dollars)

<TABLE>
<CAPTION>
                                                                                     June 30,                   March 31,
                                                                                       2006                       2006
                                                                                  ---------------           ---------------
                                                                                    (Unaudited)                 (Audited)
ASSETS
     Current Assets
<S>                                                                               <C>                       <C>
         Cash                                                                     $            15           $             0
         Income tax recoverable                                                           112,871                   112,657
         Prepaid deposits                                                                  15,923                    15,923
                                                                                  ---------------           ---------------
                           Total Current Assets                                           128,809                   128,580

     Fixed Assets, net                                                                      1,041                     1,249
                                                                                  ---------------           ---------------

TOTAL ASSETS                                                                      $       129,850           $       129,829
                                                                                  ===============           ===============

LIABILITIES & STOCKHOLDERS'  (DEFICIT)
     Current Liabilities
         Bank indebtedness                                                        $             0           $             5
         Accounts payable and accrued liabilities                                          96,610                   100,461
         Payables due to related parties (Note 2)                                         175,042                   164,839
                                                                                  ---------------           ---------------

                      Total Current Liabilities                                           271,652                   265,305

     Stockholders' (Deficit)
         Common Stock, $.001 par value; 25,000,000 shares
           authorized; 17,550,000 and 17,550,000
           issued and outstanding, respectively (Note 3)                                   17,550                    17,550
         Additional paid in capital                                                       221,451                   221,451
         Deficit accumulated during the
           development stage                                                        (     380,803)            (     374,477)
                                                                                  ---------------           ---------------

     Total Stockholders' (Deficit)                                                  (     141,802)            (     135,476)
                                                                                  ---------------           ---------------

TOTAL LIABILITIES & STOCKHOLDERS' (DEFICIT)                                       $       129,850           $       129,829
                                                                                  ===============           ===============
</TABLE>

          See accompanying Notes to Consolidated Financial Statements.

                                       3



<PAGE>



                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                          (A Development Stage Company)
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                         (expressed in Canadian dollars)
                                   (Unaudited)



<TABLE>
<CAPTION>
                                                                                                   April 1, 2004
                                                               Three Months Ended             (Date of Inception)
                                                                    June 30,                        to June 30,
                                                           2006                  2005                  2006
                                                     ----------------      ---------------       ---------------
<S>                                                  <C>                   <C>                   <C>
SALES                                                $              0      $             0       $             0
                                                     ----------------      ---------------       ---------------

General and administrative expenses
     Depreciation                                                 208                    0                 1,457
     Consulting                                                     0               13,658                13,758
     Commissions to related parties                                 0                    0                 6,700
     Professional fees                                              0                3,920                12,206
     General and administrative                                 1,708                4,881                23,829
     Traveling and business promotion                             162                3,388                10,525
     Research and development costs                             2,286               62,672               135,204
     Foreign exchange fluctuation                      (          323)                  13         (         405)
     Bank charges                                                 111                   36                   881
     Interest on loan                                           2,174                   82                 7,530
     Loss on investment                                             0                    0                44,450
                                                     ----------------      ---------------       ---------------

Total general and administrative expenses                       6,326               88,650               256,135
                                                     ----------------      ---------------       ---------------

                           NET INCOME (LOSS)
                         BEFORE INCOME TAXES           (        6,326)       (      88,650)        (     256,135)
                                                     ----------------      ---------------       ---------------

     Net effect of recapitalization                                 0                    0         (     124,668)

                                INCOME TAXES                        0                    0                     0
                                                     ----------------      ---------------       ---------------

                           NET INCOME (LOSS)         $   (      6,326)     $      ( 88,650)      $ (     380,803)
                                                     ================      ===============       ===============

BASIC AND DILUTED INCOME (LOSS)
     PER SHARE
Net income (loss) per weighted average share
     Net operating loss                              $           (.00)     $          (.01)
                                                     ================      ===============

Weighted average number of common
     shares used to compute net
     (loss) per weighted average share                     17,550,000            7,250,000
                                                     ================      ===============
</TABLE>


          See accompanying Notes to Consolidated Financial Statements.
                                       4


<PAGE>


                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                          (A Development Stage Company)
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                         (expressed in Canadian dollars)
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                                                   April 1, 2004
                                                               Three Months Ended                Date of Inception
                                                                    June 30,                         to June 30,
                                                           2006                  2005                   2006
                                                     ----------------      ---------------       ------------------
OPERATING ACTIVITIES
<S>                                                  <C>                   <C>                   <C>
Net (Loss)                                           $ (        6,326)     $ (      88,650)      $ (        380,803)
Adjustment to reconcile net loss to net cash
   Provided by (used in) operating activities
     Decrease (Increase) in operating assets
       Tax credits receivable                          (          214)       (       5,918)        (        112,871)
       Depreciation                                               208                    0                    1,457
       Loss on investment                                           0                    0                   44,450
   Prepaid deposits                                                 0                1,060         (         15,923)
     Increase (Decrease) in operating liabilities
       Changes in payables                             (        3,851)              20,549                   88,260
                                                     ----------------      ---------------       ------------------
                                                       (        3,857)              15,691                    5,373

                         NET CASH (REQUIRED)
                     BY OPERATING ACTIVITIES           (       10,183)       (      72,959)        (        375,430)
                                                     ----------------      ---------------       ------------------

INVESTING ACTIVITIES
     Acquisition of investments                                     0                    0         (         44,450)
     Acquisition of fixed assets                                    0                    0         (          2,499)
     Net effect of recapitalization                                 0                    0                  124,668
                                                     ----------------      ---------------       ------------------

                    NET CASH PROVIDED (USED)
                     BY INVESTING ACTIVITIES                        0                    0                   77,719
                                                     ----------------      ---------------       ------------------

FINANCING ACTIVITIES
     Variation of advances from related parties                10,203        (      12,526)                  58,725
     Net effect of recapitalization                                 0               26,998                  239,001
                                                     ----------------      ---------------       ------------------

                    NET CASH PROVIDED (USED)
                     BY FINANCING ACTIVITIES                   10,203               14,472                  297,726
                                                     ----------------      ---------------       ------------------

                 INCREASE (DECREASE) IN CASH
                        AND CASH EQUIVALENTS                       20        (      58,487)                      15

                   CASH AND CASH EQUIVALENTS
                      AT BEGINNING OF PERIOD           (            5)              57,330                        0
                                                     ----------------      ---------------       ------------------

                   CASH AND CASH EQUIVALENTS
                            AT END OF PERIOD         $             15      $ (       1,157)      $               15
                                                     ================      ===============       ==================

SUPPLEMENTAL DISCLOSURES
   OF CASH FLOW INFORMATION
     Cash paid during the period for:
        Interest                                     $             98      $            87       $              632
        Income tax                                                  0                    0                        0
</TABLE>


          See accompanying Notes to Consolidated Financial Statements.
                                       5



<PAGE>



                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                          (A Development Stage Company)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                  June 30, 2006


NOTE 1:           ORGANIZATION AND SIGNIFICANT ACCOUNTING PRINCIPLES

         Basis of Presentation

         The accompanying unaudited consolidated financial statements of
         Quantitative Methods Corporation ("QTTM" or "Company"), have been
         prepared in accordance with generally accepted accounting principles in
         the United States of America for interim financial information and with
         the instructions to Form 10-QSB of Regulation S-B. Accordingly, they do
         not include all of the information and notes required by generally
         accepted accounting principles for a complete presentation of the
         financial statements. In the opinion of management, the unaudited
         interim financial statements furnished herein include all adjustments
         (consisting of a normal and recurring nature) necessary for a fair
         presentation of the Company's financial position at June 30, 2006
         (unaudited) and the results of its operations for the three months
         ended June 30, 2006 (unaudited) and cash flows for the three months
         ended June 30, 2006 (unaudited). Interim financial statements are
         prepared on a basis consistent with the Company's annual financial
         statements. Results of operations for the three-month period ended June
         30, 2006 are not necessarily indicative of the operating results that
         may be expected for the fiscal year ending March 31, 2007.

         The consolidated balance sheet as of March 31, 2006 has been derived
         from the audited financial statements at that date but does not include
         all of the information and notes required by accounting principles
         generally accepted in the United States for complete financial
         statements. For further information, refer to the audited consolidated
         financial statements and notes thereto included in the Report on Form
         10-KSB, for the year ended March 31, 2006.

         Nature of Operations and Continuance of Business

         Quantitative Methods Corporation, ("QTTM" or the "Company"), was
         incorporated under the laws of the State of Nevada on July 26, 1990.

         On September 1, 2005, the Company completed a Share Exchange Agreement
         with Roadvision Technologies Inc., ("Roadvision"). As a result of the
         exchange agreement, the business combination was treated as an
         acquisition by the accounting acquirer that is being accounted for as a
         recapitalization and as a reverse merger by the legal acquirer for
         accounting purposes. Pursuant to the recapitalization, all capital
         stock and amounts and per share data have been retroactively restated.
         For accounting purposes, Roadvision will be treated as the accounting
         acquirer and, accordingly, will be presented as the continuing entity.

         Roadvision is a development stage company and has no revenues to date.
         Roadvision was incorporated under the Canada Business Act in April 2004
         and is domiciled in Quebec, Canada. Roadvision commenced operations in
         November 2004. The principal activity of Roadvision is the research and
         development of technologies for vehicle fleet operation management.

                                       6


<PAGE>


                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                          (A Development Stage Company)

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
                                  June 30, 2006


         Nature of Operations and Continuance of Business (continued)

         During the next twelve months, if profitable operations are not
         achieved through the acquisition of Roadvision, additional equity or
         debt financing will be required to pursue the Company's business plan.
         These factors raise substantial doubt regarding the Company's ability
         to continue as a going concern.

         Summary of Significant Accounting Policies

         The summary of significant accounting policies of QTTM and subsidiaries
         is presented to assist in understanding the Company's consolidated
         financial statements. The financial statements and notes are
         representations of the Company's management, which is responsible for
         their integrity and objectivity. These accounting policies conform to
         generally accepted accounting principles and have been consistently
         applied in the preparation of the financial statements.

         Basis of Accounting
         The Company's unaudited consolidated financial statements are presented
         in Canadian dollars (except par value of common stock) and have been
         prepared in accordance with accounting principles generally accepted in
         the United States of America.

         Advertising Costs
         The Company recognizes advertising expense in accordance with Statement
         of Position 93-7, "Reporting on Advertising Costs". As such, the
         Company expenses the cost of communicating advertising in the period in
         which the advertising space or airtime is used. Advertising costs for
         the period ended June 30, 2006 were $0 (CAD) and $0 (CAD) for the
         corresponding period in 2005.

         Basic and Diluted Net Income (Loss) Per Share
         The Company computes net income (loss) per share in accordance with
         SFAS No. 128, "Earnings per Share" (SFAS 128). SFAS 128 requires dual
         presentation of both basic and diluted earnings per share (EPS) on the
         face of the income statement. Basic EPS is computed by dividing net
         income (loss) attributable to common stockholders (numerator) by the
         weighted average number of common shares outstanding (denominator)
         during the period. The Company had no potential common stock
         instruments which would result in a diluted loss per share.

         Cash and Cash Equivalents
         For financial statement purposes, all highly liquid instruments with a
         maturity of three months or less are considered to be cash equivalents.
         There are no cash equivalents as of June 30, 2006.

         Comprehensive Income (Loss)
         SFAS No. 130, "Reporting Comprehensive Income (Loss)," establishes
         standards for the reporting and display of comprehensive income (loss)
         and its components in the financial statements. The adoption of SFAS
         No. 130 had no significant impact on total shareholders' deficit as of
         June 30, 2006.

         Principles of Consolidation
         The unaudited consolidated financial statements include the accounts of
         the Company and its wholly- owned subsidiary, Roadvision Technologies
         Inc (a Canadian-based company). All significant intercompany balances
         and transactions have been eliminated upon consolidation.

                                       7


<PAGE>




                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                          (A Development Stage Company)

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
                                  June 30, 2006


         Summary of Significant Accounting Policies (continued)

         Concentration of Credit Risk
         The Company's exposure to credit risk is minimal.

         Depreciation and Amortization
         Property and equipment are stated at cost. Depreciation is calculated
         on the estimated useful lives of the assets using the straight line
         depreciation method.

         Development Stage Company
         The Company currently has no revenues and is considered to be a
         development stage company under the provision of Statement of Financial
         Accounting Standard ("SFAS") No. 7, "Accounting and reporting by
         Development Stage Enterprises".

         Dividends
         Dividends may be paid on outstanding shares as declared by the Board of
         Directors. Each share of common stock is entitled to one vote. The
         Company has not yet adopted any policy regarding payment of dividends.
         No dividends have been paid or declared since inception.

         Use of Estimates
         The preparation of financial statements in conformity with accounting
         principles generally accepted in the United States of America requires
         management to make estimates and assumptions that affect the reported
         amounts of assets and liabilities, disclosure of contingent assets and
         liabilities and the reported amounts of revenues and expenses at the
         date of the consolidated financial statements and accompanying notes.
         Management makes these estimates using the best information available
         at the time the estimates are made; however, actual results could
         differ from those estimates.

         Financial Instruments
         Fair value estimates discussed herein are based upon certain market
         assumptions and pertinent information available to management as of
         June 30, 2006. The respective carrying value of certain
         on-balance-sheet financial instruments approximated their fair values.
         These financial instruments include cash, accounts receivable, bank
         loans, accounts payable, accrued liabilities, notes and amounts due to
         related parties. The fair values were assumed to approximate their
         carrying values due to the immediate or short-term maturity of these
         financial instruments.

         Income Taxes
         The Company follows Statement of Financial Accounting Standard No. 109,
         "Accounting for Income Taxes" ("SFAS No. 109") for recording the
         provision for income taxes. Under this method, deferred income tax
         assets and liabilities are computed based upon the difference between
         the financial and tax basis of assets and liabilities using the
         currently enacted tax rates and laws. Potential benefits of income tax
         losses are not recognized in the accounts until realization is more
         likely than not. The Company has adopted SFAS No. 109 as of its
         inception and has incurred net operating losses. Pursuant to SFAS 109
         the Company is required to compute tax asset benefits for net operating
         losses carried forward. Potential benefit of net operating losses have
         not been recognized in these unaudited consolidated financial
         statements because, in the opinion of management, it is more likely
         than not that some portion of deferred tax assets will not be realized.

                                       8


<PAGE>




                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                          (A Development Stage Company)

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
                                  June 30, 2006


         Summary of Significant Accounting Policies (continued)

         Interest Rate Risk
         The Company is exposed to fluctuating interest rates.

         Reclassifications
         Certain amounts reported in the previous year's consolidated financial
         statements have been reclassified to conform to the current period's
         presentation.

         Research and Development Costs
         Expenditures for research and development activities performed by
         Roadvision are charged to operations as incurred.

         Revenue Recognition
         In December 2003, the United States Securities and Exchange Commission
         issued Staff Accounting Bulletin No. 104, "Revenue Recognition" (SAB
         104), which supersedes SAB 101, "Revenue Recognition in Financial
         Statements." The primary purpose of SAB 104 is to rescind accounting
         guidance contained in SAB 101 related to multiple element revenue
         arrangements, which was superseded as a result of the issuance of EITF
         00-21, "Accounting for Revenue Arrangements with Multiple
         Deliverables." While the wording of SAB 104 has changed to reflect the
         issuance of EITF 00-21, the revenue recognition principles of SAB 101
         remain largely unchanged by the issuance of SAB 104. The adoption of
         SAB 104 did not have a material impact on the Company's financial
         statements because it has not recognized any revenue to date.

         Translation of Foreign Currencies
         The Company's functional currency is the Canadian dollar. Foreign
         currency transactions occasionally occur, and are primarily undertaken
         in Canadian dollars. Management has adopted SFAS No. 52, "Foreign
         Currency Translation". Monetary balance sheet items denominated in
         foreign currencies are translated into Canadian dollars at rates of
         exchange in effect at the balance sheet date. The monthly closing rates
         are used to translate revenues and expenses. Resulting translation
         gains and losses are charged to operations. The Company has not, to the
         date of these financial statements, entered into derivative instruments
         to offset the impact of foreign currency fluctuations.

         Property and Equipment
         Property and equipment are carried at cost. Expenditures for
         maintenance and repairs are expensed as incurred and expenditures for
         major renewals and betterments are capitalized. Assets retired or sold
         are removed from property accounts, with gain or losses on disposal
         included in income.

NOTE 2:           PAYABLE DUE TO RELATED PARTIES

         At June 30, 2006, the Company is indebted to Helga Leuthe, a
         shareholder and director of the Company. The amount due to the related
         party is $126,415 (CAD) and bears interest at 6% per annum and the
         shareholder expects repayment as soon as the Company has sufficient
         funds. Roadvision is indebted to related parties in the amount of
         $48,627 (CAD).

                                       9



<PAGE>




                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                          (A Development Stage Company)

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
                                  June 30, 2006

NOTE 3:           COMMON STOCK

         The Company is authorized to issue 25,000,000 share of $.001 par value
         common stock. For the periods ending June 30, 2006 and 2005, the
         Company had 17,550,000 and 7,250,000 shares of common stock
         outstanding, respectively.


NOTE 4:           GOING CONCERN

         The accompanying consolidated financial statements have been prepared
         assuming the Company will continue as a going concern. This
         contemplates the realization of assets and the liquidation of
         liabilities in the normal course of business. As shown in these
         consolidated financial statements, the Company has an accumulated
         deficit of $ 380,803 (CAD) from inception to June 30, 2006 and does not
         have significant cash or other material assets, nor does it have
         operations or a source of revenue sufficient to cover its operation
         costs and allow it to continue as a going concern. The future of the
         Company is dependent upon its ability to obtain financing and upon
         future profitable operations from the development of its new business.
         The Company's continuation as a going concern is dependent upon
         management to meet any costs and expenses incurred. Management realizes
         that this situation may continue until the Company obtains additional
         working capital through equity financing.

                                       10

<PAGE>

ITEM 2. - Management's Discussion and Analysis or Plan of Operation.

Cautionary Statement Relating to Forward-Looking Statements
Information in this Form 10-QSB contains "forward looking statements" within the
meaning of Rule 175 of the Securities Act of 1933, as amended, and Rule 3b-6 of
the Securities Act of 1934, as amended. When used in this Form 10-QSB, the words
"expects," "anticipates," "believes," "plans," "will" and similar expressions
are intended to identify forward-looking statements. These are statements that
relate to future periods and include, but are not limited to, statements
regarding our adequacy of cash, expectations regarding net losses and cash flow,
statements regarding our growth, our need for future financing, our dependence
on personnel, and our operating expenses.

Forward-looking statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those projected. Important
factors to consider in evaluating such forward-looking statements include: i)
changes in external factors or in our internal budgeting process which might
impact trends in our results of operations; ii) unanticipated working capital or
other cash requirements; iii) changes in our business strategy or an inability
to execute our strategy due to unanticipated changes in the industries in which
we operate; and iv) various competitive market factors that may prevent us from
competing successfully in the marketplace. These forward-looking statements are
based largely on our current expectations. The Company expressly disclaims any
obligation or undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change in its
expectations with regard thereto or any change in events, conditions or
circumstances on which any such statement is based.

Overview
Quantitative Methods Corporation, which is sometimes referred to herein as "we",
"us", "our" and the "Company" and/or "QTTM", was incorporated on July 26, 1990,
under the laws of the State of Nevada, to engage in potential business ventures,
including, but not limited to, selected mergers and acquisitions which would
provide an eventual profit for the Company.

On September 1, 2005, QTTM consummated the transactions contemplated by the
Exchange Agreement between

                                       11

<PAGE>




QTTM, Roadvision Technologies Inc., ("Roadvision"), and the Roadvision Selling
Shareholders, pursuant to which QTTM acquired all of the issued and outstanding
shares of Roadvision in exchange for the issuance in the aggregate of 7,250,000
of QTTM's shares of common stock to Roadvision Selling Shareholders. The
issuance of QTTM's shares of common stock to Roadvision Selling Shareholders was
exempt from registration under the Securities Act of 1933, as amended, pursuant
to Section 4(2) thereof and to provisions of Regulation S.

Roadvision became a wholly-owned subsidiary of QTTM and, upon the issuance of
shares; the Roadvision Selling Shareholders owned approximately 42% of all of
QTTM's issued and outstanding stock. QTTM currently has a total of 17,550,000
shares of common stock issued and outstanding.

Roadvision, a high-tech company, was incorporated under the Canadian Business
Corporations Act on April 1, 2004. Roadvision specializes in the development and
potential marketing of micromanagement hardware and software solutions in
vehicle fleet operation management. Roadvision believes it can capture a
significant portion of the market and become a world leader in innovative total
fleet operation micromanagement hardware and software solutions.

The technology provided by Roadvision is an intelligent and user-friendly
system. The TripVision technology platform and products (hardware and software)
provide reliable diagnostic methods and information to control costs, minimize
risks and supports decision-making to various operational departments, such as,
fleet managers, dispatchers, accounting and maintenance.

The TripVision Suite of products includes the TM-2000; an onboard computer,
operating with Global Position System ("GPS") and software, providing on-board
processing and long-term data recording and recovery minimizing airtime data
transfer costs. TripVision is an advanced system compared to the standard GPS
technology because it provides data not only on a truck's current position, but
on the entire trip. Other products and features include Fleet Management
Tracking and Graphics Mapping Software.

On July 25, 2006, the Company signed a Memorandum of Understanding with a
Canadian Corporation, ("Seller"), to acquire several mining claims. These claims
are situated in a prime location that is characterized by high-grade mineral
reserves. Upon completion of the due diligence the parties plan to sign a formal
purchase agreement pending approval of the acquisition by the Seller's
shareholders. These acquisitions will be made with the understanding that the
Seller has extensive expertise in mineral exploration and will operate the
mining project; QTTM's role will be one of a passive investor.

Employees
As of June 30, 2006, the Company had no full time or part-time employees. The
President and Secretary-Treasurer have agreed to allocate a portion of their
time without compensation to the activities of the Company. At the present time,
Roadvision has only one individual engaged, on a part-time basis, which will
substantially curtail product research and development. Management recognizes
that the lack of a capital infusion during the next six months would
substantially delay the realization of the Roadvision products.

Results of Operation
For the three months ended June 30, 2006, the Company had no revenues and
incurred a net operating loss of $6,326 (CAD), as compared to a net loss of
$88,650 (CAD) for the corresponding period ended June 30, 2005. The majority of
the losses incurred by the Company during the three month period ending June 30,
2006 were the result of the on-going efforts of the Company's subsidiary
Roadvision to advance the development of its hardware and software products for
vehicle fleet operation management.

Liquidity and Capital Resources
QTTM is a development stage company, and as of the date of this report, had no
operations that generate revenue and the Company does not have sufficient cash
and cash equivalents to satisfy its cash requirements for the next twelve
months. The Company has an accumulated deficit of $380,803 (CAD). The Company
continues to report negative stockholders' equity and does not have sufficient
assets to pay current liabilities as they come due. These

                                       12

<PAGE>




matters raise substantial doubt about the Company's ability to continue as a
going concern. The Company's consolidated financial statements do not include
any adjustments that might result from the outcome of this uncertainty.

The Company's continued existence is dependent upon several factors; including
the ability to attain profitable business operations and generate a positive
cash flow. Management plans to raise additional capital investment in the
Company, and it believes the necessary investment will be forthcoming within the
next six month period. There can be no assurance that equity financings will be
available to the Company in the future that will be obtained on terms
satisfactory to the Company. In the event that the Company's efforts to obtain
such financing prove unsuccessful, the Company may be required to reduce the
scope of our planned product development and marketing efforts or decide to
abandon its current business goals and cease operations.

QTTM's current management have indicated a willingness, for the time being, to
continue rendering services to the Company, to advance sufficient funds to meet
our operational needs, and not to demand payment of sums owed. The Company
therefore believes that it can continue as a going concern in the near future.

Off-Balance Sheet Arrangements
For the period ending June 30, 2006, the Company has no off-balance sheet
arrangements.

ITEM 3.           Controls and Procedures.

Under the supervision and with the participation of the Company's management,
including our principal executive officer and the principal accounting officer,
the Company conducted an evaluation of the effectiveness of the design and
operation of its disclosure controls and procedures, as defined in Rules
13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as of the end
of the period covered by this report (the "Evaluation Date"). Based on this
evaluation, the Company's principal executive officer and principal accounting
officer concluded as of the Evaluation Date that the Company's disclosure
controls and procedures were effective such that the material information
required to be included in our Securities and Exchange Commission ("SEC")
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to the Company, including our
consolidated subsidiaries, and was made known to them by others within those
entities, particularly during the period when this report was being prepared.

Additionally, there were no significant changes in the Company's internal
controls or in other factors that could significantly affect these controls
subsequent to the Evaluation Date. We have not identified any significant
deficiencies or material weaknesses in our internal controls, and therefore
there were no corrective actions taken.


PART II - OTHER INFORMATION

ITEM 5.           Exhibits

         (a)      Exhibits.
                  The following exhibits are filed with this report:

               31.1 Certification of the Chief Executive Officer of Quantitative
                    Methods Corporation pursuant to Section 302 of the
                    Sarbanes-Oxley Act of 2002.

               31.2 Certification of the Chief Financial Officer of Quantitative
                    Methods Corporation pursuant to Section 302 of the
                    Sarbanes-Oxley Act of 2002.

               32.1 Certification of the Chief Executive Officer and Chief
                    Financial Officer of Quantitative Methods Corporation
                    pursuant to 18 U.S.C. SECTION 1350 as adopted pursuant to
                    Section 906 of the Sarbanes-Oxley Act of 2002.

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<PAGE>





                                   SIGNATURES


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

                            QUANTITATIVE METHODS CORPORATION



Dated: August 14, 2006       By: /s/ Pierre C. Miron
                                -----------------------------------------------
                                PIERRE C. MIRON, President and Director
                                (as principal executive officer)


                            By: /s/ Helga Leuthe
                                -----------------------------------------------
                                HELGA LEUTHE, Secretary/Treasurer
                                (as principal financial and accounting officer)


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