EXHIBIT31.2

CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANTTO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I,William H. Pursley, certify that:

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|  | (1)  | I havereviewed this quarterly report on Form 10-QSB of CepTorCorporation; |

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|  | (2)  | Based on my knowledge, thisreport does not contain any untrue statement of a material fact or omitto state a material fact necessary to make the statements made, inlight of the circumstances under which such statements were made, notmisleading with respect to the period covered by thisreport; |

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|  | (3)  | Based on my knowledge, the financialstatements, and other financial information included in this report,fairly present in all material respects, the financial condition,results of operations and cash flows of the registrant as of, and for,the periods presented in this report; |

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|  | (4)  | Theregistrant’s other certifying officer and I are responsible forestablishing and maintaining disclosure controls and procedures (asdefined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for theregistrant and have: |

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|  | a)  | Designed such disclosurecontrols and procedures, or caused such disclosure controls andprocedures to be designed under our supervision, to ensure thatmaterial information relating to the registrant, including itsconsolidated subsidiaries, is made known to us by others within thoseentities, particularly during the period in which this report is beingprepared; |

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|  | b)  | Evaluated the effectiveness of theregistrant’s disclosure controls and procedures and presented inthis report our conclusions about the effectiveness of the disclosurecontrols and procedures, as of the end of the period covered by thisreport based on such evaluation; and |

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|  | c)  | Disclosedin the report any change in the registrant’s internal controlover financial reporting that has occurred during theregistrant’s most recent fiscal quarter (the registrant’sfourth fiscal quarter in the case of the annual report) that hasmaterially affected, or is reasonably likely to materially affect, theregistrant’s internal control over financial reporting;and |

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|  | (5)  | The registrant’s other certifyingofficer and I have disclosed, based on our most recent evaluation ofinternal control over financial reporting, to the registrant’sauditors and the audit committee of the registrant’s board ofdirectors (or persons performing the equivalentfunctions): |

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|  | a)  | All significant deficiencies inthe design or operation of internal control over financial reportingwhich are reasonably likely to adversely affect the registrant’sability to record, process, summarize and report financial information;and |

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|  | b)  | Any fraud, whether or not material, thatinvolves management or other employees who have a significant role inthe registrant’s internal control over financialreporting. |

Date: November 22,2006

|  | /s/ William H.Pursley                                WilliamH. Pursley |
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