**UNITED
      STATES SECURITIES AND EXCHANGE COMMISSION**


**WASHINGTON,
      D.C. 20549**


______________




**FORM
      10-QSB**


**______________**




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**




o
            **TRANSITION
                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                ACT OF
                1934**




**For
      the transition period from ______________ to
      ______________**




**Commission
      File No. 000-50494**


**______________**




**ELECTRIC
      MOTO CORPORATION**


(Exact
      name of small business issuer as specified in its charter)


______________




**Nevada**
            **57-1094726**(State
                or other jurisdiction of
              incorporation
                or organization)
            (I.R.S.
                Employer Identification No.)




**3165
                East Main Street, Ashland, Oregon**
            **97520**(Address
                of principal executive offices)
            (Zip
                Code)




**(541)
                890-3481**(Issuer’s
                telephone number)




Check
      whether the issuer (1) has 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 issuer was required to file such reports), and (2) has been
      subject to such filing requirements for the past 90 days. Yes x No o




Check
      whether the registrant has filed all documents and reports required to be filed
      by Sections 12, 13, or 15(d) of the Exchange Act subsequent to the distribution
      of securities under a plan confirmed by a court. Yes o No x




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




Yes
            x
            No
            o




State
      the
      number of shares outstanding of each of the issuer’s classes of common equity,
      as of November 14, 2006: 32,800,000 shares of common stock.




Transitional
      Small Business Disclosure Format (check one): Yes o No x

















**TABLE
      OF CONTENTS**




**PART
                I - FINANCIAL INFORMATION**Item
                1.
            Financial
                Information
            1Item
                2.
            Management’s
                Discussion and Analysis or Plan of Operation
            6Item
                3.
            Controls
                and Procedures
            9**PART
                II - OTHER INFORMATION**Item
                1.
            Legal
                Proceedings.
            10Item
                2.
            Unregistered
                Sales of Equity Securities and Use of Proceeds.
            10Item
                3.
            Defaults
                Upon Senior Securities.
            10Item
                4.
            Submission
                of Matters to a Vote of Security Holders.
            10Item
                5.
            Other
                Information.
            10Item
                6.
            Exhibits
                and Reports of Form 8-K.
            10**SIGNATURES**




i

















**PART
      I - FINANCIAL INFORMATION**





**Item
      1.**   **Financial
      Information**




Electricmoto
                  CorporationBalance
                  SheetSeptember
                  30, 2006(Unaudited)ASSETSCurrent
                  assets:Cash
              
              $
              38,808Accounts
                  receivable
              
              
              758Inventories
              
              
              21,920Total
                  current assets
              
              
              61,486Fixed
                  assets, net
              
              
              2,957$
              64,443LIABILITIES
                  AND STOCKHOLDERS' (DEFICIT)Current
                  liabilities:Accounts payable and accrued expenses
              
              $
              87,212Loans payable
              
              
              89,975Due to shareholder
              
              
              1,920Total current liabilities
              
              
              179,107Stockholders'
                  (deficit):Common stock, $.001 par value50,000,000 shares authorized,32,800,000 shares issued and outstanding
              
              
              32,800Additional paid-in capital
              
              
              747,382Accumulated (deficit)
              
              
              (894,846
              )Total
                  stockholders (deficit)
              
              
              (114,664
              )Total
                  liabilities and stockholders' (deficit)
              
              $
              64,443






See
        accompanying notes to the financial statements.
 
 1




Electricmoto
                  CorporationStatements
                  of OperationsThree
                  Months and Nine Months Ended September 30, 2006 and 2005(Unaudited)Three
                  Months
              
              Nine
                  Months2006
              
              2005
              
              2006
              
              2005Sales
              
              $
              -
              
              $
              20,527
              
              $
              15,076
              
              $
              64,576Cost
                  of sales
              
              
              -
              
              
              11,211
              
              
              3,688
              
              
              36,461Gross
                  margin
              
              
              -
              
              
              9,316
              
              
              11,388
              
              
              28,115Other
                  costs and expenses:Selling,
                  general and administrative -Non-cash
                  stock compensation
              
              
              -
              
              
              -
              
              
              -
              
              
              200,000Selling,
                  general and administrative
              
              
              28,880
              
              
              32,418
              
              
              83,356
              
              
              87,280Total
                  other costs and expenses
              
              
              28,880
              
              
              32,418
              
              
              83,356
              
              
              287,280Net
                  (loss)
              
              $
              (28,880
              )
              $
              (23,102
              )
              $
              (71,968
              )
              $
              (259,165
              )Per
                  share informationBasic
                  and diluted (loss) per share
              
              $
              (0.00
              )
              $
              (0.00
              )
              $
              (0.00
              )
              $
              (0.01
              )Basicx
                  and diluted weighted average shares outstanding
              
              
              32,800,000
              
              
              32,056,243
              
              
              32,800,000
              
              
              32,306,886






See
        accompanying notes to the financial statements.






2




Electricmoto
                  CorporationStatements
                  of Cash FlowsNine
                  Months Ended September 30, 2006 and 2005(Unaudited)2006
              
              2005Cash
                  flows from operating activities:Net
                  cash (used in)operating
                  activities
              
              $
              (54,163
              )
              $
              (19,200
              )Cash
                  flows from investing activities:Net
                  cash provided by (used in)Investing
                  activities
              
              
              -
              
              
              -Cash
                  flows from financing activities:Proceeds
                  from loans
              
              
              89,975
              
              
              1,920Net
                  cash provided byfinancing
                  activities
              
              
              89,975
              
              
              1,920Increase
                  (Decrease) in cash and cash equivalents
              
              
              35,812
              
              
              (17,280
              )Cash
                  and cash equivalents,beginning
                  of period
              
              
              2,996
              
              
              25,985Cash
                  and cash equivalents,end
                  of period
              
              $
              38,808
              
              $
              8,705




See
        accompanying notes to the financial statements.




3




**ELECTRICMOTO
        CORPORATION**
 **NOTES
        TO FINANCIAL STATEMENTS**
 **September
        30, 2006**
 **(UNAUDITED)**
 
 
 **(1)
        Basis of Presentation**
 
 The
        accompanying unaudited financial statements have been prepared in accordance
        with accounting principles generally accepted in the United States of America
        (GAAP) for interim financial information and Item 310(b) of Regulation SB.
        They
        do not include all of the information and footnotes for complete financial
        statements as required by GAAP. In management's opinion, all adjustments
        (consisting only of normal recurring adjustments) considered necessary for
        a
        fair presentation have been included. The results of operations for the periods
        presented are not necessarily indicative of the results to be expected for
        the
        full year. For further information, refer to the Company's financial statements
        as of December 31, 2005, and for the two years then ended.
 
 
 **(2)**  **Stockholders'
        (Deficit)**
 
 A
        summary
        of stock options is as follows:
 
 Number
                Of
                shares
              
              Weighted
                Average
                Exercise
                price
              
              Weighted
                Average
                Fair
                valueBalance
                  atDecember
                  31, 2005 andSeptember
                  30, 2006
              
              
              7,460,000
              
              $
              .21
              
              $
              .21
 
 
 The
        following table summarizes information about fixed-price stock
        options **:**
 
 Exercise
                Price
              Weighted
                Average
                Number
                Outstanding
              Outstanding
                Weighted
                Contractual
                Life
              Weighted-
                Average
                Exercise
                price$.05
              2,320,000
              1.9
                  years
              $.05$.10
              1,820,000
              1.9
                  years
              $.10$.25
              1,820,000
              1.9
                  years
              $.25$.50
              1,500,000
              1.9
                  years
              $.507,460,000
    4
  **ELECTRICMOTO
          CORPORATION**
 **NOTES
          TO FINANCIAL STATEMENTS**
 **September
          30, 2006**
 **(UNAUDITED)**
 All
        options are vested and exercisable.
 
 **(3)
        Loans Payable**
 
 During
        August 2006 a shareholder of the Company advanced an aggregate of $89,975
        to the
        Company for working capital. The loans are due on demand and bear interest
        at 8%
        per annum.
 
 **(4)
        Going Concern**
 
 The
        Company’s financial statements are presented on a going concern basis, which
        contemplates the realization of assets and satisfaction of liabilities in
        the
        normal course of business.
 
 The
        Company has experienced significant losses from operations. For the nine
        months
        ended September 30, 2006, the Company incurred a net loss of $71,968. In
        addition, the Company has working capital and stockholders’ deficits of $117,621
        and $114,664 and an accumulated deficit of $894,846 at September 30, 2006.
 
 The
        Company’s ability to continue as a going concern is contingent upon its ability
        to expand its sales and secure additional financing. The Company is pursuing
        financing for its operations and seeking to expand its operations. Failure
        to
        secure such financing or expand its operations may result in the Company
        not
        being able to continue as a going concern.






5


**Item
        2.**   **Management’s
        Discussion and Analysis or Plan of Operation**
  *Unless
        the context otherwise requires, references to “Company”, “we”, or “our”, mean
        Electric Moto Corporation.*
  *The
        following discussion and analysis provides information which management believes
        is relevant to an assessment and understanding of our financial condition.
        The
        discussion should be read in conjunction with our financial statements and
        notes
        thereto appearing in this report. The following discussion and analysis contains
        forward-looking statements, which involve risks and uncertainties. Our actual
        results may differ significantly from the results, expectations and plans
        discussed in these forward- looking statements.*
  We
        were
        originally incorporated under the laws of the State of Nevada on March 7,
        2000
        under the name Dorado Capital Ventures, Inc. From our origination until March
        27, 2004, we did not have any operations while seeking a suitable business
        strategy to implement. On April 8, 2004 we entered into an asset purchase
        agreement with Ely Schless d/b/a Electric Moto, a sole proprietorship whereby
        we
        purchased the assets and assumed the liabilities of Electric Moto in exchange
        for 20,000,000 of our shares of common stock. As a result of the issuance
        of
        these shares of common stock, the proprietor of Electric Moto owns approximately
        80% of the issued and outstanding shares of our common stock. On July 27,
        2004,
        we changed our corporate name to Electric Moto Corporation.
  **Overview**
  We
        are a
        completed vehicle supplier engaged in the design, manufacture and sale of
        low
        environmental impact motorcycles and all-terrain vehicles (ATVs), characterized
        by electrical drive systems instead of more conventional gasoline engine
        drive
        systems. Our vehicles perform like gas powered vehicles, but they consume
        less
        fuel, emit less noise and create lower emissions.
  Our
        ability to cost-effectively produce low environmental impact vehicles is
        based
        on our understanding of electronic drive systems and how they best package
        on
        modern vehicle platforms. We rely on our development and manufacturing expertise
        combined with new technologies to respond to cleaner vehicle and land-use
        mandates. Growing environmental restrictions are creating more efficient
        vehicle
        components, such as batteries, motors and control electronics, which we exploit
        and integrate into vehicle platforms.
  Our
        operations include chassis and component design, serial production, assembly,
        marketing and distribution of vehicles.
  Our
        primary objective is to utilize revenue generated from the sale of our “Blade”
cycles to build cash flow and increase earnings per share. Our marketing
        targets
        existing buyers and dealers
  **Business
        Strategy**
  Our
        business strategy is to create revenue through sales of our Blade cycles.
        We
        typically produce Blade cycles serially for economy of scale in purchasing
        and
        to minimize tooling and set-up redundancy. We utilize a partial serial, partial
        incremental production schedule effectively to minimize cash outlay, but
        this
        mixed schedule has the downside of limiting production capacity in that it
        reduces the economies of scale attributed to full serial production.
        Nonetheless, we often have to cut back and complete cycles incrementally
        in
        order to create further revenue from sales, due to our lack of adequate capital
        to continue serial production.
  We
        foresee that our growth is dependent on capitalization. Previously we have
        not
        had sufficient capital to enjoy the benefits of volume production. Additionally,
        the price of oil may be considered a factor in our future, as are various
        government mandates concerning both vehicle emissions and OHV (off-highway
        vehicle) land access.


6


**Results
        of Operations**
  Three
        Months Ended September 30, 2006 Compared To Three Months Ended September
        30,
        2005
  *Sales*
  There
        were no sales for the three months ended September 30, 2006, compared to
        $20,527
        for the three months ended September 30, 2005. This was due to the fact that
        we
        are still awaiting final tested electronics for the cycles we had intended
        to
        deliver to customers during this period.
 
 *Expenses*
  Our
        total
        expenses for three months ended September 30, 2006 and September 30, 2005
        were
        $28,880 and $32,418 respectively. This decrease of $3,538 from September
        30,
        2005 to September 30, 2006 was directly related to variations in Selling,
        General, and Administrative expenses.
 
 In
          addition, our Cost of Sales was zero for the three months ended September
          30,
          2006, compared to $11,211 for the three months ended September 30, 2005
          This
          decrease in Cost of Sales is due to the fact that we had no product to
          sell.
 We
        do
        expect our total expenses to increase as we expand our staff to meet new
        sales
        and production goals. However, we do not expect to require significant
        expenditures for equipment as our current plant has capabilities commensurate
        with projected production for the near future. We currently have no material
        commitments for capital expenditures.
  *Net
        Loss*
  We
        had
        net losses of $28,880 for the three months ended September 30, 2006 compared
        to
        a net loss of $23,102 for the three months ended September 30, 2005. This
        difference of $5,778 is primarily due to an increase in S,G, &A and zero
        sales for the period.
  **Plan
        of Operations**
  To
        date,
        we have manufactured 50 partial Blade chassis for our 2007 model Blade, which
        are in inventory. We had hoped to raise capital once we completed our SEC
        registration statement and our common stock was quoted on the OTC Bulletin
        Board, as a means to fund further manufacturing of Blade cycles by the end
        of
        2005. But due to a greater than expected time to complete this process, we
        have
        decided to halt further Blade production related purchases until sufficient
        capital is available. As a result, there can be no further sales income
        projected with any certainty.
  Nonetheless,
        in-house design and production tooling refinement will proceed. During this
        period, we will continue to explore external and internal sources of funding
        to
        finalize the current 50 vehicle serial production run and establish additional
        European distribution agreements.
  Our
        new
        model Blade, the XT3, will be released as a 2007 model, instead of 2006,
        due to
        unexpected time delays in securing some of the crucial components, primarily
        battery related electronics. We have recently found a new source for these
        critical components, as our previous supplier was not meeting our expectations.
        Upon delivery of the electronics, we will verify final design and assembly
        issues, and attempt to assemble seven saleable chassis in Europe, where they
        are
        today, awaiting final electrical components and assembly instructions. When
        the
        seven machines are completed, we will start finalizing the remaining 40 chassis,
        which are held in inventory today.
  We
        do not
        foresee the need for any new employees as Mr. Schless will be performing
        the various manufacturing, tooling and verification operations on these
        proprietary components. We have shipped 8 chassis to Europe for final assembly
        and ultimately distribution by Nils Wiklund. One of these chassis' is assembled
        and being used for promotional events in Europe. Mr. Wiklund is promoting
        and selling Blade cycles in Europe pursuant to a distribution agreement with
        Mr. Wiklund.






7




It
        is our
        intent to use sales income from Mr. Wiklund’s purchase of chassis to
        maintain SG&A expenses through our final quarter (December 2006).
  Any
        further sales income are dependent on how well the Blade sells in Europe.
        If all
        48 cycles are sold by Mr. Wiklund and there are no unforeseen obstacles to
        initiating another production build, we will do so. In the event that we
        can
        raise capital through exercised stock options as a result of our registration
        statement being declared effective, in the next 12 months, we will assign
        a
        portion of the capital to extend our research on hybrid products which combine
        the efficiencies and clean operation of electric vehicles with the longer-range
        capabilities of a gas engine.
  **Capital
        Resources and Liquidity**
  Our
        unaudited balance sheet as of September 30, 2006 reflects assets of $64,443
        consisting of cash of $38,808, accounts receivable of $758, inventory of
        $21,920, and fixed assets of $2,957. Our total current liabilities as of
        September 30, 2006 were $179,107 consisting of accounts payable and accrued
        expenses of $87,212. Loans payable was $89,975 and $1,920 was owed to a
        shareholder pursuant to a Note payable.
  As
        of
        September 30, 2006, we had cash of $38,808. We do not have sufficient cash
        available to satisfy the cash requirements to execute our business plan over
        the
        next year based upon our current rate of expenses. Our current minimum cash
        requirement per month is $2,900. Every chassis sold will extend this timeframe
        accordingly. This calculation does not include production expenses for inventory
        replenishment.
  Sales
        of
        Blade cycles are our primary source of revenue. As of the date of this report,
        we have purchased the raw materials and initiated production operations for
        producing 50 cycles. It is estimated that these cycles will completed and
        available for sale in the third quarter of 2006. We anticipate sales of fifty
        Blades to our European distributor, Mr. Nils Wiklund. Since there is no
        assurance that we can fund completion of these fifty cycles, the ability
        to
        implement this strategy will likely require other sources of liquidity, which
        we
        are exploring as of this filing. Our most promising source of capital will
        be in
        the form of pre-payment for Blades from European distributors who have responded
        favorably to this arrangement.
  We
        will
        need an additional minimum of $1,000,000 to finance our planned expansion,
        which
        funds will be used for product development, manufacturing and personnel.
        In
        order to become profitable, we may still need to secure additional debt or
        equity funding. We have no source of funding identified. Our failure to secure
        additional funds would impair and delay our ability to implement our business
        plan.
  We
        intend
        to raise the additional capital required through the sale of stock either
        through private sales or the exercise of existing options. If we do not secure
        the required funding, we may not be able to achieve our growth objectives
        within
        the anticipated time period, if at all. We believe that future plans will
        be
        achieved if we receive the necessary funding. Furthermore, in the event that
        the
        level of funding is less that we have anticipated, this may also result in
        a
        delay in our ability to generate revenues or a reduced amount of revenues
        being
        generated.
  **Going
        Concern Consideration**
  Our
        independent auditor has expressed substantial doubt about our ability to
        continue as a going concern. The notes to our financial statements include
        an
        explanatory paragraph expressing substantial doubt about our ability to continue
        as a going concern. The reason cited in the notes as raising substantial
        doubt
        as to our ability to continue as a going concern is that we do not have
        sufficient working capital to fund our operations. Our ability to continue
        as a
        going concern is contingent upon our ability to attain profitable operations
        by
        securing financing and implementing our business plan.


8


**Critical
        Accounting Policies**
  Revenue
        Recognition
  In
        general, we record revenue when persuasive evidence of an arrangement exists,
        services have been rendered or product delivery has occurred, the sales price
        to
        the customer is fixed or determinable, and collectability is reasonably assured.
        The following policies reflect specific criteria for our various revenues
        streams:
 
 Revenue
        is recognized at the time the product is delivered. At present, based on
        the
        volume of revenues, we do not assess returns of products, levels of inventory
        in
        the distribution channel, and expected introductions of new products that
        may
        result in larger then expected returns of current products.
  Return
        Policy and Warranties
  Our
        Blade
        is assembled both from components that we manufacture in-house and from vendor
        supplied components. Our return policy states that the frame only is
        conditionally warranted for a period of one year after the delivery date
        of the
        cycle, with the condition stipulated that a manufactured defect exists, based
        on
        our judgment,. Due to the nature of our product, which is intended for off-road
        use, we have adopted this policy which is typical in situations where an
        off-highway-use recreational vehicle manufacturer cannot control the environment
        or terrain in which the vehicle is operated. This limits our liability with
        respect to returns to the extent that it is not material to our accounting
        at
        present sales levels. In the event that a large number of frames were
        defectively manufactured, we would have to re-assess the financial impact
        on our
        business, but in most cases, the cost is likely mitigated because the frames
        are
        manufactured in-house, using a proven design and manufacturing processes.
        To
        date, we have never replaced a frame or had any returned products, and as
        such,
        have not considered this material to our business.
  Vendor
        supplied components, such as motors, batteries and electronics each have
        their
        own specific warranties, with terms varying from vendor to vendor. For instance,
        the battery manufacturer pro-rates the battery cost over a one-year time
        period,
        the motor controller manufacturer provides a one-year unlimited warranty.
        But in
        any case, vendor-supplied component returns are referred to the vendor. While
        we
        may assist the customer or serve as a liaison to the vendor in the interest
        of
        good business practice, we make no claims to warranty vendor-supplied components
        used in our product. This policy is similar to that which is used by automotive
        manufacturers, who rely on their tire supplier’s warranty.
  Stock-Based
        Compensation
  In
        December 2004, the FASB issued SFAS 123 (revised 2004) “Share-Based Payment”.
        This Statement requires that the cost resulting from all share-based
        transactions be recorded in the financial statements. The Statement establishes
        fair value as the measurement objective in accounting for share-based payment
        arrangements and requires all entities to apply a fair-value-based measurement
        in accounting for share-based payment transactions with employees. The Statement
        also establishes fair value as the measurement objective for transactions
        in
        which an entity acquires goods or services from non-employees in share-based
        payment transactions. The Statement replaces SFAS 123 “Accounting for
        Stock-Based Compensation” and supersedes APB Opinion No. 25 “Accounting for
        Stock Issued to Employees”.
  **Off-Balance
        Sheet Arrangements**
  We
        have
        no off-balance sheet arrangements.


9


**Item
      3.**  **Controls
      and Procedures**




**Evaluation
      of disclosure controls and procedures**




Under
        the
        supervision and with the participation of our management, including our
        principal executive officer and principal financial officer, we conducted
        an
        evaluation of our disclosure controls and procedures, as such term is defined
        under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities
        Exchange Act of 1934, as amended (Exchange Act), as of June 30, 2006. Based
        on
        this evaluation, our principal executive officer and principal financial
        officer
        has concluded that our disclosure controls and procedures are effective to
        ensure that information required to be disclosed by us in the reports we
        file or
        submit under the Exchange Act is recorded, processed, summarized, and reported
        within the time periods specified in the Securities and Exchange Commission’s
        rules and forms and that our disclosure and controls are designed to ensure
        that
        information required to be disclosed by us in the reports that we file or
        submit
        under the Exchange Act is accumulated and communicated to our management,
        including our principal executive and principal financial officers, or persons
        performing similar functions, as appropriate to allow timely decisions regarding
        required disclosure.




**Changes
      in internal controls**




There
        were no changes (including corrective actions with regard to significant
        deficiencies or material weaknesses) in our internal controls over financial
        reporting that occurred during the first quarter of fiscal 2006 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.**




We
      are
      currently not a party to any pending legal proceedings and no such actions
      by,
      or to the best of our knowledge, against us have been threatened.




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




None





**Item
      3.**   **Defaults
      Upon Senior Securities.**




None





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




No
      matter
      was submitted during the quarter ending September 30, 2006, covered by this
      report to a vote of our shareholders, through the solicitation of proxies or
      otherwise.





**Item
      5.**  **Other
      Information.**




None


10





**Item
      6.**  **Exhibits
      and Reports of Form 8-K.**




(a)
            Reports
                on Form 8-K and Form 8K-ANone(b)
            Exhibits**Exhibit
                Number**
            **Exhibit
                Title**31.1
            Certification
                of Ely Schless pursuant to 18 U.S.C. Section 1350 as adopted pursuant
                to
                Section 302 of the Sarbanes-Oxley Act of 2002.31.2
            Certification
                of Dennis Knepp pursuant to 18 U.S.C. Section 1350 as adopted pursuant
                to
                Section 302 of the Sarbanes-Oxley Act of 2002.32.1
            Certification
                of Ely Schless pursuant to 18 U.S.C. Section 1350 as adopted pursuant
                to
                Section 906 of the Sarbanes-Oxley Act of 2002.32.2
            Certification
                of Dennis Knepp pursuant to 18 U.S.C. Section 1350 as adopted pursuant
                to
                Section 906 of the Sarbanes-Oxley Act of
                2002.






**SIGNATURES**




In
      accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused
      this report to be signed on its behalf by the undersigned, there unto duly
      authorized.




**ELECTRIC
      MOTO CORPORATION**




By: */s/Ely
      Schless*


Ely
      Schless


President,


Chief
      Executive Officer




November
      16, 2006