UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 10-QSB

                                   (Mark One)

     (X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES

                              EXCHANGE ACT OF 1934

               FOR THE QUARTERLY PERIOD ENDED: September 30, 2006
               --------------------------------------------------

          [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE

                         SECURITIES EXCHANGE ACT OF 1934

             For the transition period from __________ to __________

                        Commission file number 333-106144

                            Woize International Ltd.
                           --------------------------
                 (Name of small business issuer in its charter)

              Nevada                                  99-039022
  (State or Other Jurisdiction of         (I.R.S. Employer Identification No.)
  Incorporation or Organization)

                   1 Kingsway, London WCB 6FX, United Kingdom
                   ------------------------------------------
              (Address of principal executive offices) (Zip Code)

                               44 (1) 20 71016560
                        (Registrant's telephone number)


   (Former Name, Former Address and Former Fiscal Year, if changed since last
                                    report)

Check whether the issuer:  (1) 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 past 90 days.

|X| Yes |_| No

Indicate by check mark whether registrant is a shell company (as defined in rule
12b-2 of the Exchange Act:

| | Yes |X| No

As of November 20, 2006, there are 47,805,280  shares of common stock par value
$.001  issued  and  outstanding  and no shares of  preferred  stock  issued  and
outstanding.


<PAGE>
                            WOIZE INTERNATIONAL LTD.

                              Index to Form 10-QSB

<TABLE>
<CAPTION>


PART 1 -- FINANCIAL INFORMATION                                                                      Page
------------------------------------------------------------------------------------------------- ---------

<S>                                                                                                  <C>
  Item 1.    Financial Statements:
             Interim  Consolidated  Balance Sheets as of September 30, 2006 (unaudited) and March
             31, 2006 (audited)                                                                       3
             Interim Consolidated Statements of Loss and Comprehensive Loss (unaudited)
             Three and Six Months Ended September 30, 2006 and 2005                                   4
             Interim Consolidated  Statements of Stockholders' Equity (Deficit)  (unaudited) Six
             Months Ended September 30, 2006                                                          5
             Interim  Consolidated  Statements  of  Cash  Flows  (unaudited)  Six  Months  Ended
             September 30, 2006 and 2005                                                              6

             Notes to Interim Consolidated Financial Statements (unaudited)                           7

  Item 2.    Management's Discussion and Analysis or  Plan of Operations                              9

  Item 3.    Controls and Procedures                                                                 14

           PART II - OTHER INFORMATION
------------------------------------------------------------------------------------------------- ---------
  Item 1.    Legal Proceedings                                                                       14

  Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds                             14

  Item 3.    Default Upon Senior Securities                                                          14

  Item 4.    Submission of Matters to a Vote of Security Holders                                     14

  Item 5     Other Information                                                                       14

  Item 6.    Exhibits                                                                                14

             Signatures                                                                              15

</TABLE>

<PAGE>

Part I - Financial Statements
<TABLE>
<CAPTION>
Woize International Ltd.
INTERIM CONSOLIDATED BALANCE SHEETS

-------------------------------------------------------------------------------------------------------------

                                                                                  September 30,    March 31,
                                                                                      2006           2006
                                                                                   -----------    -----------
                                                                                   (Unaudited)     (Audited)
ASSETS

CURRENT ASSETS
<S>                                                                                    <C>            <C>
    Cash                                                                           $   106,308    $   662,472
    Accounts receivable                                                                 90,741         33,938
    Prepaid expenses                                                                    39,540         39,623
                                                                                   -----------    -----------

TOTAL CURRENT ASSETS                                                                   236,589        736,033

DUE FROM WOIZE SCANDINAVIA AB                                                          380,167        350,559

EQUIPMENT, NET                                                                          83,769         62,157

SOFTWARE DEVELOPMENT COSTS, NET                                                        988,635        602,717
                                                                                   -----------    -----------

TOTAL ASSETS                                                                       $ 1,689,160    $ 1,751,466
                                                                                   ===========    ===========

LIABILITIES

CURRENT LIABILITIES
    Accounts payable and accrued liabilities:
         Trade                                                                     $   840,972    $   317,416
         Related parties                                                                    --        224,808
    Deferred revenue                                                                   257,629        221,816
                                                                                   -----------    -----------

TOTAL CURRENT LIABILITIES                                                            1,098,601        764,040

NOTE PAYABLE - RELATED PARTY                                                         1,364,042      1,310,755
                                                                                   -----------    -----------

TOTAL LIABILITIES                                                                    2,462,643      2,074,795
                                                                                   -----------    -----------

COMMITMENTS AND CONTINGENCIES                                                               --             --

STOCKHOLDERS' DEFICIT

Preferred stock - $ 0.01 par value, authorized - 1,000,000 shares, issued - none            --             --

Common stock - $ 0.001 par value, authorized - 150,000,000 shares, issued
       and outstanding - 47,805,280                                                     47,805         47,370

Capital in excess of par value                                                         562,749        263,034

Accumulated deficit                                                                 (1,402,795)      (646,523)

Accumulated other comprehensive income                                                  18,758         12,790
                                                                                   -----------    -----------

TOTAL STOCKHOLDERS' DEFICIT                                                           (773,483)      (323,329)
                                                                                   -----------    -----------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                        $ 1,689,160    $ 1,751,466
                                                                                   ===========    ===========
</TABLE>
          The accompanying notes are an integral part of these interim
                       consolidated financial statements.

                                       3
<PAGE>
<TABLE>
<CAPTION>
Woize International Ltd.
INTERIM CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS
Three and Six Months Ended September 30, 2006 and 2005
(Unaudited)
-------------------------------------------------------------------------------------------------------------------

                                       Three months ended September 30,           Six months ended September 30,
                                          2006                 2005                 2006                 2005
                                    ----------------    -----------------    -----------------    -----------------

<S>                                      <C>                 <C>                  <C>                  <C>
REVENUE                             $         50,473    $         145,547    $          79,109    $         145,547

COST OF SALES                                 54,657              104,784               94,081              104,784
                                    ----------------    -----------------    -----------------    -----------------

GROSS PROFIT(LOSS)                            (4,184)              40,763              (14,972)              40,763
                                    ----------------    -----------------    -----------------    -----------------

EXPENSES:
    Amortization of software
      development  costs                      32,250                4,875               64,513                4,875
    General and administrative               129,687               52,728              623,476               52,728
                                    ----------------    -----------------    -----------------    -----------------
                                             161,937               57,603              687,989               57,603
                                    ----------------    -----------------    -----------------    -----------------

INTEREST EXPENSE                              26,921                    -               53,311                    -
                                    ----------------    -----------------    -----------------    -----------------

NET LOSS BEFORE OTHER
    COMPREHENSIVE INCOME (LOSS)             (193,042)             (16,840)            (756,272)             (16,840)

OTHER COMPREHENSIVE INCOME:
    Foreign exchange gain (loss)             (10,562)                   -                5,968                    -
                                    ----------------    -----------------    -----------------    -----------------

COMPREHENSIVE LOSS                  $       (203,604)   $         (16,840)   $        (750,304)   $         (16,840)
                                    ================    =================    =================    =================

LOSS PER SHARE, basic and diluted   $              -    $               -    $          (0.02)    $               -
                                    ================    =================    ================     =================

WEIGHTED AVERAGE NUMBER
    OF COMMON SHARES                      47,540,497           27,000,000           47,455,854           27,000,000
                                    ================    =================    =================    =================
</TABLE>
          The accompanying notes are an integral part of these interim
                       consolidated financial statements.

                                       4
<PAGE>
<TABLE>
<CAPTION>
Woize International Ltd.
INTERIM CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
Six Months Ended September 30, 2006 (Unaudited)
-------------------------------------------------------------------------------------------------------------------

                                                                                                      Accumulated
                                                                                                        other
                                         Common stock               Capital in                       comprehensive
                               -------------------------------       excess of        Accumulated       income
                                   Shares            Amount          par value          Deficit         (loss)
                               -------------     --------------   --------------    --------------   --------------

<S>                                    <C>            <C>              <C>               <C>              <C>
Balance, March 31, 2006           47,370,280     $      47,370    $    263,034      $    (646,523)   $       12,790

   Net loss for the period                 -                 -                -          (756,272)                -

   Sale of common stock at
       $ 0.69 per share              435,000               435          299,715                 -                 -

   Other comprehensive income
       Foreign currency
           translation                     -                 -                -                 -             5,968
                               -------------     -------------    -------------     -------------    --------------

Balance, September 30, 2006       47,805,280     $      47,805    $     562,749     $  (1,402,795)   $       18,758
                               =============     =============    =============     =============    ==============
</TABLE>
          The accompanying notes are an integral part of these interim
                       consolidated financial statements.


                                        5
<PAGE>
<TABLE>
<CAPTION>
Woize International Ltd.
CONSOLIDATED STATEMENTS OF CASH FLOWS
Six Months Ended September 30, 2006 and 2005
(Unaudited)
-----------------------------------------------------------------------------------------------------------

                                                                         2006                     2005
                                                                    --------------           --------------
CASH FLOWS FROM OPERATING ACTIVITIES
<S>                                                                   <C>                      <C>
    Net loss for the period                                         $    (756,272)           $     (16,840)
    Adjustments to reconcile net loss to net cash used in
    operating activities:
       Amortization of software development costs                          64,513                    4,874
       Depreciation of equipment                                           13,303                       --
       Imputed interest expense                                            53,287                       --
       Changes in operating assets and liabilities:
          Accounts receivable                                             (56,803)                      (4)
          Advance to Woize Scandinavia AB                                      --                 (141,151)
          Prepaid expenses                                                     83                       --
          Accounts payable and accrued liabilities                        298,748                   52,728
          Deferred revenue                                                 35,813                  217,390
                                                                    -------------            -------------
Net cash provided by (used in) operating activities                      (347,328)                 116,997
                                                                    -------------            -------------

CASH FLOWS FROM INVESTING ACTIVITIES
    Purchase of equipment                                                 (34,915)                      --
    Software development costs capitalized                               (450,431)                (116,997)
                                                                    -------------            -------------

Net cash used in investing activities                                    (485,346)                (116,997)
                                                                    -------------            -------------

CASH FLOWS FROM FINANCING ACTIVITIES
  Proceeds from sale of common stock for cash                             300,150                       --
                                                                    -------------            -------------

EFFECT OF FOREIGN EXCHANGE ON CASH BALANCES                               (23,640)                      --
                                                                    -------------            -------------

DECREASE IN CASH DURING THE PERIOD                                       (532,524)                      --

CASH, beginning of period                                                 662,472                       --
                                                                    -------------            -------------

CASH, end of period                                                 $     106,308            $          --
                                                                    =============            =============


SUPPLEMENTAL DISCLOSURE OF CASH PAID FOR:

       Interest                                                     $          --            $          --
                                                                    =============            =============
       Income taxes                                                 $          --            $          --
                                                                    =============            =============
</TABLE>


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

                                       6
<PAGE>

Woize International Ltd.
NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS
September 30, 2006
(Unaudited)
--------------------------------------------------------------------------------

1.   BASIS OF PRESENTATION

     The unaudited interim consolidated  financial statements were prepared from
     the  accounting  records of the Company in  accordance  with United  States
     generally accepted  accounting  principles and the rules and regulations of
     the Securities and Exchange  Commission.  Certain  information and footnote
     disclosure normally included in financial statements prepared in accordance
     with United  States  generally  accepted  accounting  principles  have been
     condensed or omitted pursuant to such rules and regulations. In the opinion
     of  management,  the interim data includes all  adjustments,  consisting of
     normal recurring adjustments,  necessary to provide a fair statement of the
     results of operations and financial  position for the interim  period.  The
     interim  financial  statements  should  be read  in  conjunction  with  the
     Company's annual report on Form 10-KSB.

     The interim consolidated  financial statements are prepared on the basis of
     the significant  accounting  policies  disclosed in the Company's March 31,
     2006  annual  audited  consolidated  financial  statements.  The results of
     operations for the six months ended  September 30, 2006 are not necessarily
     indicative of the results that may be expected for the year ended March 31,
     2007.

2.   GOING CONCERN

     The  accompanying  interim  consolidated  financial  statements  have  been
     prepared  assuming the Company will continue as a going  concern.  However,
     the Company incurred a net loss for the six months ended September 30, 2006
     of $ 756,272 (2005 - $ (16,840)),  which resulted in an accumulated deficit
     at  September  30, 2006 of $  1,402,795.  At  September  30,  2006  current
     liabilities exceeded current assets by $ 862,012.

     The ability of the Company to continue as a going  concern is  dependent on
     the successful  implementation of its business plan,  obtaining  additional
     capital,  and generating  sufficient revenues and cash flows. The financial
     statements  do not include any  adjustments  that might be necessary if the
     Company is unable to continue as a going concern.

     The time required for the Company to become profitable is highly uncertain,
     and  the  Company  cannot  be  assured  that  it will  achieve  or  sustain
     profitability  or generate  sufficient  cash flow from  operations  to meet
     working capital requirements. If required, the ability to obtain additional
     financing  from  other  sources  also  depends on many  factors  beyond the
     control of the Company,  including the state of the capital markets and the
     prospects for business growth. The necessary  additional  financing may not
     be available or may be available only on terms that would result in further
     dilution to the current owners of the Company's common stock. The financial
     statements do not include any adjustments to reflect the possible effect on
     classification  of  liabilities  which may result from the inability of the
     Company to continue as a going concern.

3.   DUE FROM WOIZE SCANDINAVIA AB

     Woize Scandinavia AB was a related party until December 9, 2005. The amount
     due from Woize Scandinavia AB, $ 380,167,  has no fixed terms of repayment.
     Also, $ 315,610 due to Woize Scandinavia AB is included in accounts payable
     and accrued liabilities at September 30, 2006.


                                       7
<PAGE>
Woize International Ltd.
NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS
September 30, 2006
(Unaudited)
--------------------------------------------------------------------------------

4.   EQUIPMENT September 30, March 31, 2006 2006

     Computer equipment - at cost                     $   100,052    $   65,137
     Less:  Accumulated depreciation                       16,283         2,980
                                                      -----------    ----------

     Equipment, net                                   $    83,769    $   62,157
                                                      ===========    ==========


5.   SOFTWARE DEVELOPMENT COSTS September 30, March 31, 2006 2006

     Cost                                             $ 1,095,418    $  644,987
     Less:  Accumulated amortization                      106,783        42,270
                                                      -----------    ----------

                                                      $   988,635    $  602,717
                                                      ===========    ==========

     Software development costs in process at September 30, 2006 were $ 450,431.

6.   NOTE PAYABLE TO RELATED PARTIES

     The $ 1.5 million  note  payable to a related  party is  unsecured,  due in
     December  2007,  and does not bear  interest.  Interest  of $  221,280  was
     imputed  at a rate of 8% and  will be  amortized  over the term of the note
     with $135,933 to be expensed in the future as of September 30, 2006.

7.   COMMON STOCK

     In August 2006, the Company executed a private placement by selling 435,000
     shares of the Company's common stock to a private investor for proceeds of
     $300,150.


                                       8
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS

The following  discussion  should be read in conjunction  with the  consolidated
financial  statements and notes to those  statements  included in this Quarterly
Report on Form 10-QSB.  In addition to  historical  information,  the  following
discussion  and other parts of this  Quarterly  Report  contain  forward-looking
information that involves risks and uncertainties.

Overview

On December 9, 2005, our predecessor  Bravo  Resources Ltd.  acquired all of the
issued and  outstanding  capital stock of Woize Ltd., a United Kingdom  company,
("Woize") in exchange  for  27,000,000  million  shares of our common stock in a
reverse acquisition  transaction.  Since all of our operations are now conducted
through our wholly owned subsidiary,  Woize,  Ltd., we changed our name to Woize
International  Ltd.,  effective as of December 9, 2005. Bravo Resources Ltd. was
organized under the laws of the State of Nevada on November 19, 2002, to explore
mining  claims and property in the Province of Quebec,  Canada.  From  inception
until  November  2005,  the Company  investigated  mining  projects  and related
opportunities.

Woize Ltd.  was  incorporated  November 22, 2001 under the  Companies  Act 1985,
United  Kingdom,  under the name Netx.Com  Limited and changed its name to Woize
Ltd.  on March 9, 2004.  Woize has  developed  and  refined a digital  telephony
service based upon voice over internet  protocol ("VoIP") for PC to PC and PC to
phone  communications  using a Windows client  application for PC and PDAs and a
proprietary software solution. Woize was dormant until December 2004.

Digital Communication Service

WoizeTM is an innovative digital communication (telephony) service provider that
combines  a VoIP  technology  with a new  outstanding  opportunity  to  generate
revenue  streams through  advertising on the Internet.  Revenues from phone-call
charges are expected to decrease,  therefore margins will shrink,  and telephony
companies will be forced to seek supplementary  sources to replace some of their
decreasing revenue streams.

WoizeTM is a VoIP service  based on  proprietary  software as well as supporting
SIP de facto standard protocol.  Users can download the appropriate  application
to a PC, PDA or Smartphone  and make or receive phone calls over the Internet to
other WoizeTM  users for free.  By signing up for a prepaid  account and thereby
receiving a WoizeTM  telephone  number the user can make and receive phone calls
to regular  phones  worldwide at very low rates  billed per second.  The WoizeTM
Windows  application  also provides  users with other  various  services such as
instant messaging, VoiceMail, callerID, call forwarding, SMS, RSS podcasting and
other  digital  communication  related  special  services.  The  software can be
downloaded for free at www.woize.com.

We also offer a unique co-branding solution for our partners. This is a complete
"turn-key   solution"   for   companies   that  decided  to  enter  the  digital
communication  market within a short period of time,  with their own  co-branded
WoizeTM  application.  The branding value proposition is based on an affiliation
benefit  model of a specific  percentage  of all  traffic  generated  from their
customers using the telephony services.  As a business partner, we provide added
value to our partners' existing customers.

Currently,  new developments are proceeding in collaboration  with manufacturers
of USB phones and headsets  for the WoizeTM  application.  By offering  hardware
bundled with WoizeTM free air time scratch cards, consumers of hardware products
are encouraged to use the WoizeTM software.

Critical Accounting Policies
-----------------------------

The Company's consolidated financial statements have been prepared in accordance
with  accounting  principles  generally  accepted  in  the  United  States.  The
preparation of these consolidated  financial  statements requires the Company to
make  estimates  and  judgments  that  affect  the  reported  amounts of assets,
liabilities,  revenues and expenses, and related disclosure of contingent assets
and liabilities. The Company bases its estimates on historical experience and on
various  other  assumptions  that  are  believed  to  be  reasonable  under  the
circumstances, the results of which form the basis of making judgments about the
carrying  values of assets and  liabilities  that are not readily  apparent from
other sources.  Actual results may differ from these  estimates  under different
assumptions or conditions.


                                       9
<PAGE>

The Company believes the following critical accounting  policies,  among others,
affect more  significant  judgments and estimates used in the preparation of the
consolidated financial statements:

Estimates of the useful lives of equipment and software development costs
-------------------------------------------------------------------------
Equipment  is  carried  at  cost  less   accumulated   depreciation   using  the
straight-line  method  over  3  years.   Software  development  costs  represent
development  and  testing of  software  developed  by  internal  and third party
suppliers and are initially recorded at cost.  Amortization is provided over the
estimated  useful  lives of the  software  development  costs as  determined  by
management using the straight-line method over 5 years.

Concentrations of credit risk
-----------------------------
Financial instruments which potentially subject the Company to concentrations of
credit  risk  consist of cash,  accounts  receivable  and amounts due from Woize
Scandinavia AB. The Company  evaluates the credit  worthiness of  counterparties
and only  transacts with  counterparties  that are believed to be of high credit
quality.

Fair value
----------
The carrying amount reported in the balance sheet for cash, accounts receivable,
accounts payable and accrued  liabilities and deferred revenue  approximate fair
value due to the short term of maturity of those financial instruments. The fair
value of the amount due from Woize Scandinavia AB and due to related parties are
not readily available.

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

Three and six months  ended  September  30,  2006  compared to the three and six
months ended September 30, 2005

We had a net loss of $756,272  for the six months  ended  September  30, 2006 as
compared to $16,840 for the period ended  September 30, 2005 and a net loss of $
193,042 for the three months ended  September  30, 2006, as compared to $ 16,840
for the three months ended  September  30, 2005.  The increase in net loss was a
result of  decreased  revenues  and  increased  expenses  for the  period  ended
September 30, 2006.  Net loss for the period ended  September 30, 2006 comprised
of amortization of software  developments  costs and general and  administrative
expenses of $687,989 and interest expenses of $53,311.

During the six months ended  September  30, 2006,  revenues  totaled $ 79,109 as
compared to $145,547 for the period ended September 30, 2005. The decrease was a
result of the  implementation of new payment and billing solutions and a refocus
towards new market  segments.  Revenues were $ 50,473 for the three months ended
September  30, 2006 as  compared  to revenues of $ 145,547 for the three  months
ended  September  30, 2005.  Gross profit was $(14,972) for the six months ended
September  30, 2006 as  compared  to gross  profit of $40,763 for the six months
ended September 30, 2005. The decrease was a result of our focus into new market
segments  and the  implementation  of new  payment  and  billing  solutions.  We
anticipate  that we will not earn  substantial  revenues until we have reached a
commercial production of our services and solutions.

Our accumulated deficit through September 30, 2006 was $ 1,402,795.

Plan of Operations
------------------

Our primary  strategy is to increase our customer  base by providing the WoizeTM
services to branding  partners,  direct  retail  channels and  directory  lookup
service  providers  in  the  digital   telephony/communications   industry.  Our
management has identified four areas of focus to support this strategy:

A. Continuing our commitment to research and development  leading to new product
innovations focusing on mobile applications;

B.  Depending on our  branding  partners,  roll out plans for various  countries
where we need to establish local interconnects and operational environments;

C. Continuing to enhance low cost service capabilities;

D. Focus on the source of new revenue  streams  based upon the  WoizeTM  service
imbedded advertising and marketing interactive channel; and


                                       10
<PAGE>
E. Expanding sales and marketing efforts.

We believe that our growth  potential  is in the emerging  markets in Europe and
the United States.  We believe that our branding  business model will enable our
market entry through local  partners.  We focus on our services for  advertising
and marketing that will add a new revenue source to our business. Our management
believes,  based  upon the  extended  plan  for  implementation  of the  WoizeTM
services on mobile terminals and new possible branding partners, that we need an
expanded  infrastructure.  We need  additional  working  capital to support  our
extended growth plan.

Maintaining  the  Company's  service  readiness  requires  an ongoing  financial
commitment for research and  development,  hardware  capacity,  ongoing service,
marketing and office  facilities.  The Company  proposes the  following  capital
expenditures through 2008:


YEAR      DESCRIPTION                                    AMOUNT        TOTALS
----      -----------                                -------------   -----------
2006      Software development                         $3,000,000
          Sales and Marketing                           3,500,000
          Operation, maintenance, support                 900,000
          Administration, facilities                      425,000
            Total 2006                                               $7,825,000

2007      Software development                         $4,000,000
          Sales and Marketing                           4,500,000
          Operation, maintenance, support               1,400,000
          Administration, facilities                      925,000
            Total 2007                                              $10,825,000

2008      Software development                         $4,000,000
          Sales and Marketing                          20,900,000
          Operation, maintenance, support               2,750,000
          Administration, facilities                    2,825,000
            Total 2008                                             $30,475,000

                TOTAL                                              $49,125,000



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

The Company had cash of $ 106,308 as of September 30, 2006 compared to $ 662,472
as of March 31, 2006.

Net cash used in operating  activities  for the six months ended  September  30,
2006, was $(347,328) as compared to net cash provided by operating activities of
$116,997 for the six months ended  September 30, 2005. The increase is primarily
related to increased  business and sales  activities  and launch of new software
releases.


For the six months  ended  September  30,  2006,  cash  flows used in  investing
activities was $ 485,346 compared to $116,997 for the six months ended September
30, 2005. The increase is primarily related to capitalized  software development
costs of $450,431 and purchases of equipment of $34,915.

For the six months ended September 30, 2006, cash flow from financing activities
was $ 300,150  compared to $0 for the six months ended  September 30, 2005.  The
increase is as a result of the sale of 435,000  shares of the  Company's  common
stock to an  investor.  The  offering  was made  pursuant to an  exemption  from
securities  afforded by the provisions of Regulation D as promulgated  under the
Securities Act of 1933 (the  "Securities  Act") as amended  and/or  Regulation S
promulgated under the Securities Act.


                                       11
<PAGE>

We expect to undertake debt or equity financings when needed to better enable us
to grow and meet our future  operating  and capital  requirements.  However,  we
cannot guarantee that any additional  equity or debt financing will be available
in sufficient  amounts or on acceptable terms when needed.  If such financing is
not  available in  sufficient  amounts or on  acceptable  terms,  our results of
operations  and  financial  condition  may be adversely  affected.  In addition,
equity financing may result in dilution to existing stockholders and may involve
securities that have rights,  preferences,  or privileges that are senior to our
common  stock,  and any debt  financing  obtained  must be repaid  regardless of
whether or not we generate profits or cash flows from our business activities.



RISK FACTORS

The market is growing for digital telephony  services and consumers are adopting
it at a high rate. The Company is one of only a few digital telephony  companies
that provide calling and instant  messaging  services to consumers.  The Company
differentiates  itself  from other  competitors  with its  proprietary  software
solution and branding (reseller)  services.  However, the Company has identified
risk  factors  that may have a  material  adverse  impact on its  operations  as
follows.

THE  COMMUNICATIONS AND INFORMATION  SERVICES  INDUSTRIES ARE HIGHLY COMPETITIVE
WITH  PARTICIPANTS  THAT HAVE GREATER RESOURCES AND A GREATER NUMBER OF EXISTING
CUSTOMERS.

The communications and information  services  industries are highly competitive.
Many  of the  Company's  existing  and  potential  competitors  have  financial,
personnel, marketing and other resources significantly greater than the Company.
Many of these  competitors  have the  added  competitive  advantage  of a larger
existing customer base. In addition,  significant new competitors could arise as
a result of:

     o    telephony companies might roll out their own competitive solutions;
     o    other  peer-to-peer  competitors  might develop their own  competitive
          solutions;
     o    further deregulation and other regulatory initiatives.

If the  Company  is  unable  to  compete  successfully,  its  business  could be
materially adversely affected.

OUR FUTURE  SUCCESS  DEPENDS ON THE GROWTH IN THE USE OF THE INTERNET AS A MEANS
OF COMMUNICATIONS.

To be successful,  digital  communications  requires validation as an effective,
quality  means of  communication  and as a  viable  alternative  to  traditional
telephone service. Demand and market acceptance for recently introduced services
are subject to a high level of  uncertainty.  The Internet may not prove to be a
viable alternative to traditional telephone service for reasons including:

     o    potentially inadequate development of the necessary infrastructure;
     o    lack of acceptable security technologies;
     o    lack  of  timely  development  and  commercialization  of  performance
          improvements, and
     o    unavailability of cost-effective, high-speed access to the Internet.

RAPID TECHNOLOGICAL CHANGES CAN LEAD TO FURTHER COMPETITION.

The  communications  industry  is  subject to rapid and  significant  changes in
technology.  In addition,  the introduction of new products or technologies,  as
well as the further development of existing products and technologies may reduce
the cost or increase  the supply of certain  services  similar to those that the
Company provides. As a result, the Company's most significant competitors in the
future  may be new  entrants  to the  communications  and  information  services
industries.  Future success  depends,  in part, on the ability to anticipate and
adapt in a timely manner to technological changes. Technological changes and the
resulting competition could have a material adverse effect on the Company.

THE  COMPANY'S  DIGITAL  TELEPHONY  SERVICES  HAVE  ONLY BEEN SOLD FOR A LIMITED
PERIOD AND THERE IS NO  GUARANTEE  THAT THESE  SERVICES  WILL GAIN BROAD  MARKET
ACCEPTANCE.


                                       12
<PAGE>
The Company has been selling its digital telephony services for a limited period
of  time.  As a  result,  there  are many  difficulties  that  the  Company  may
encounter,  including regulatory hurdles and other problems that the Company may
not anticipate.  To date, the Company has not generated significant revenue from
the sale of its digital telephony  services,  and there is no guarantee that the
Company will be successful in generating significant digital telephony revenues.

THE  COMPANY'S  NEED TO OBTAIN  ADDITIONAL  CAPACITY FOR ITS SERVICES FROM OTHER
PROVIDERS INCREASES ITS COSTS.

The Company continues to lease data storage  capacity.  Any failure by companies
leasing  capacity to the Company to provide  timely service to the Company would
adversely  affect the  Company's  ability to serve its customers or increase the
costs of doing  so.  These  changes  could  increase  or  decrease  the costs of
providing the Company's services.  The Company's business requires the continued
development of effective  business support systems to implement  customer orders
and to provide and bill for services.

THE COMPANY MAY BE UNABLE TO HIRE AND RETAIN SUFFICIENT QUALIFIED PERSONNEL; THE
LOSS OF ANY OF ITS KEY EXECUTIVE OFFICERS COULD ADVERSELY AFFECT THE COMPANY.

The Company believes that its future success will depend in part on its ability
to attract and retain highly skilled, knowledgeable, sophisticated and qualified
managerial, professional and technical personnel. The Company's business is
managed by a small number of key executive officers, Anders Halldin, Anders
Danker and Daniel Savino. The loss of any of these key executive officers could
have a material adverse effect on the Company.

TERMINATION OF RELATIONSHIPS WITH KEY SUPPLIERS COULD CAUSE DELAY AND COSTS.

The Company is dependent on third-party  suppliers for data storage,  computers,
and software that are integrated into the Company's network. Should any of these
relationships be terminated or a supplier fail to provide  reliable  services or
equipment  and the  Company  fail to  reach  suitable  alternative  arrangements
quickly,  the Company could  experience  significant  additional  costs. In that
event, the Company could be materially adversely affected.

THE  COMPANY  MAY  LOSE  CUSTOMERS  IF  IT  EXPERIENCES   SYSTEM  FAILURES  THAT
SIGNIFICANTLY  DISRUPT  THE  AVAILABILITY  AND QUALITY OF THE  SERVICES  THAT IT
PROVIDES.

The  Company's  operations  depend  on its  ability  to avoid and  mitigate  any
interruptions  in service or reduced  capacity for customers.  Interruptions  in
service or performance problems, for whatever reason, could undermine confidence
in the  Company's  services  and cause the Company to lose  customers or make it
more difficult to attract new ones.

FAILURE  TO  OBTAIN  OR  MAINTAIN  PATENTS,  TRADEMARKS,  LICENSES,  FRANCHISES,
CONCESSIONS,  ROYALTY AGREEMENTS OR LABOR CONTRACTS, COULD NEGATIVELY IMPACT THE
COMPANY'S ABILITY TO PROVIDE SERVICE TO ITS CUSTOMERS.

The Company holds  trademarks and copyrights for the Woize name and its website.
However,  intellectual  property and proprietary  rights of others could prevent
the  Company  from  using  necessary  technology  to provide  digital  telephony
services.  Technologies  patented by others may be necessary  for the Company to
provide its  services in the future.  If  necessary  technology  were held under
patent by another person,  the Company would have to negotiate a license for the
use of that technology.  The Company may not be able to negotiate such a license
at a price that is acceptable.  The existence of such patents,  or the Company's
inability to negotiate a license for any such  technology on  acceptable  terms,
could force the Company to cease using the technology and offering  products and
services incorporating the technology.

FORWARD LOOKING STATEMENTS
---------------------------

This Form 10-QSB contains  forward-looking  statements within the meaning of the
Private  Securities   Litigation  Reform  Act  of  1995.  Such   forward-looking
statements made by the Company  involved known and unknown risks,  uncertainties
and  other  factors  which  may  cause  the  actual   results,   performance  or
achievements of the Company to be materially  different from any future results,
performance  or  achievements  expressed  or  implied  by  such  forward-looking
statements.  Factors that could cause actual results to differ  materially  from


                                       13
<PAGE>

the forward-looking statements include, but are not limited to, risks associated
with lack of significant  operating history,  demand for the Company's products,
international  business  operations,   dependence  on  licensees,   governmental
regulations,  technological  changes,  intense  competition  and  dependence  on
management. Given these uncertainties,  readers are cautioned not to place undue
reliance on such forward-looking  statements. The Company's management disclaims
any obligation to  forward-looking  statements  contained  herein to reflect any
change in the Company's expectation with regard thereto or any change in events,
conditions, circumstances or assumptions underlying such statements.

ITEM 3: CONTROLS AND PROCEDURES

(a)  Evaluation  of  Disclosure  Controls and  Procedures.  As of the end of the
period covered by this report, we conducted an evaluation, under the supervision
and with the  participation  of our chief executive  officer and chief financial
officer of our disclosure  controls and procedures (as defined in Rule 13a-15(e)
and Rule 15d-15(e) of the Exchange Act). Based upon this  evaluation,  our chief
executive  officer and chief  financial  officer  concluded  that our disclosure
controls and procedures are effective to ensure that the information required to
be  disclosed by us in the reports that we file or submit under the Exchange Act
is (i)  recorded,  processed,  summarized  and reported  within the time periods
specified in the Securities and Exchange  Commission's rules and forms, and (ii)
is accumulated and communicated to our management, including our chief executive
officer  and  chief  financial  officer,  to allow  timely  decisions  regarding
required disclosure.

(b) Changes in internal  controls.  There was no change in our internal controls
or in other  factors  that could affect  these  controls  during our last fiscal
quarter that has  materially  affected,  or is  reasonably  likely to materially
affect, our internal control over financial reporting.


                           PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

None


ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

On August 25, 2006, the Company sold 435,000 shares to an investor for aggregate
proceeds of  $300,150.  The  Offering  was made  pursuant to an  exemption  from
securities  afforded by the provisions of Regulation D as promulgated  under the
Securities Act of 1933 (the  "Securities  Act") as amended  and/or  Regulation S
promulgated under the Securities Act.


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

10.1      Purchase Ageement dated August 25, 2006

31.1      Certification  of  Chief  Executive  Officer/Principal  Financial  and
          Accounting Officer required under Rule  13a-14(a)/15d-14(a)  under the
          Exchange Act.

32.1      Certification  of Chief  Executive  Officer/  Principal  Financial and
          Accounting  Officer  pursuant  to 18 U.S.C  Section  1350,  as adopted
          pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.


                                       14
<PAGE>

                                   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.

November 20, 2006

                      Woize International Ltd.
                      /s/ Anders Halldin
                      -------------------------
                      Anders Halldin
                      Chief  Executive  Officer  and  Principal   Financial  and
                      Accounting Officer