U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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 June 30, 2005

OR


[ ] 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: 000-17345

                               INZON CORPORATION
               (Exact Name of Company as Specified in Its Charter)

            Nevada                                     41-1578316
(State or Other Jurisdiction of Incorporation    (I.R.S. Employer
                             or Organization)   Identification No.)

            238 Northeast 1st Avenue, Delray Beach, Florida 33444
                   (Address of Principal Executive Offices)
                                   (Zip Code)


                                 (561) 279-8200
                          (Company's Telephone Number)


(Former Name, Former Address, and Former Fiscal Year, if Changed Since
Last Report)

Indicate by check mark whether the Company (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 Company was required to file such reports),
and (2) been subject to such filing requirements for the past 90 days.
Yes [  ]    No  [X].

As of July 19, 2005, the Company had 31,649,150 shares of common
stock issued and outstanding.

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


                                       1

<PAGE>



                               TABLE OF CONTENTS


PART I - FINANCIAL INFORMATION							 PAGE

ITEM 1.  FINANCIAL STATEMENTS

        BALANCE SHEET AS OF JUNE 30, 2005                       3

        STATEMENTS OF OPERATIONS FOR THE THREE AND
        NINE MONTHS ENDED JUNE 30, 2005 AND JUNE 30, 2004       4

        STATEMENTS OF CASH FLOWS FOR NINE MONTHS ENDED
        JUNE 30, 2005 AND JUNE 30, 2004                         5

        NOTES TO FINANCIAL STATEMENTS                           6

            ITEM 2.  PLAN OF OPERATION                          9

            ITEM 3.  CONTROLS AND PROCEDURES                   18

PART II - OTHER INFORMATION

            ITEM 1.  LEGAL PROCEEDINGS                         19

            ITEM 2.  UNREGISTERED SALES OF EQUITY
                             SECURITIES AND USE OF PROCEEDS    19

            ITEM 3.  DEFAULTS UPON SENIOR SECURITIES           19

            ITEM 4.  SUBMISSION OF MATTERS TO A VOTE
                             OF SECURITY HOLDERS               20

            ITEM 5.  OTHER INFORMATION                         20

            ITEM 6.  EXHIBITS                                  20

                     SIGNATURES                                21


                                       2


<PAGE>


PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCAL STATEMENTS.

                               INZON CORPORATION
                       (formerly W-J International, Ltd)
                                 BALANCE SHEET
                                 June 30, 2005
                                  (Unaudited)
                                  -----------

                                    ASSETS
                                    ------

Current Assets
  Cash in bank                                      $       343,513
  Accounts receivable                                            --
  Deposits                                                   11,000
                                                    ----------------
    Total Current Assets                                    354,513

Fixed Assets
  Equipment                                                 176,320
  Less: Accumulated Depreciation                            (26,448)
                                                    ----------------
    Total Fixed Assets                                      149,872

Other Assets
  Application Software                                      372,500
  Less amortization                                         (55,875)
                                                    ----------------
    Total Other Assets                                      316,625
                                                    ----------------

      Total Assets                                  $       821,010
                                                    ================

                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

Current Liabilities
  Accounts payable and accrued expenses             $        58,778
  Employee contracts payable                                455,000
  Loan                                                       37,792
Convertible Debenture - current portion                      70,000
                                                    ----------------
    Total Current Liabilities                       $       621,570
                                                    ----------------

Long Term Liabilities
  Loan from Shareholder                                     163,762
  Convertible debenture                                     500,000
                                                    ----------------
    Total Long Term Liabilities                             663,762

    Total Liabilities                                     1,285,332
                                                    ----------------

Stockholders' Equity (Deficit)
  Common stock, $0.001 par value;
   authorized 500,000,000 shares;
   issued and outstanding 31,649,150 shares                  31,649
  Additional paid-in capital                             2,,842,908
  Retained  (deficit)                                    (3,338,879)
                                                    ----------------

    Total Stockholders' Equity (Deficit)                   (464,322)
                                                    ----------------
      Total Liabilities and
       Stockholders' Equity (Deficit)               $       821,010
                                                    ================

                 See accompanying notes to financial statements


                                       3


<PAGE>

                               INZON CORPORATION
                      (formerly W-J International, Ltd)
                            STATEMENTS OF OPERATIONS
                                  (Unaudited)


<TABLE>
<CAPTION>


                                                    Three Months Ended                  Nine Months Ended
                                                        June 30,                          June 30,
                                                 2005               2004             2005                   2004
<S>                                             <C>                <C>              <C>                    <C>
Sales                                            $        --        $       --       $          --          $      --
                                                 ------------       -----------      --------------         ----------
Cost of sales                                         35,499                --              37,400                 --
                                                 ------------       -----------      --------------         ----------
  Gross Profit                                       (35,499)               --             (37,400)                --
                                                 ------------       -----------      --------------         ----------

Selling, General, and Administrative Expenses        333,361               515             573,297              3,456

Depreciation and Amortization                         27,441                --              82,323                 --

Interest Charges (Net of Interest Income)                417               (16)              1,250                (60)
                                                 ------------       -----------      --------------         ----------

Net Loss Before Income Taxes                        (396,718)             (499)           (694,270)            (3,396)


Income Tax Expense (Benefit)                             --                 --                  --                 --
                                                 ------------       -----------      --------------         ----------

Net Loss From Continuing Operations                 (396,718)             (499)           (694,270)            (3,396)

Net Income (Loss)                                $  (396,718)       $     (499)      $    (694,270)         $  (3,396)
                                                 ============       ===========      ==============         ==========

Net Loss per share                               $     (0.01)       $    (0.00)      $       (0.02)         $   (0.00)
                                                 ============       ===========      ==============         ==========

Weighted Average Number of Common Shares
   Used to Compute Net Income (Loss) per
   Weighted Average Share                         30,892,205        12,214,632          30,398,546         12,214,632
                                                 ============       ===========      ==============         ==========



</TABLE>





                 See accompanying notes to financial statements

                                       4

<PAGE>



                               INZON CORPORATION
                      (formerly W-J International, Ltd)
                           STATEMENTS OF CASH FLOWS
                                  (Unaudited)

                                                          Nine Months Ended
                                                              June 30,
                                                        2005          2004
                                                      --------      --------
Cash Flows From Operating Activities
  Net profit (loss)                                   $ (694,270)   $ (3,396)
  Adjustments to reconcile net profits (loss)
   to net cash used in operating activities:
    Certificate of deposit                                            (3,116)
    Compensation payable - officers                      315,000
Stock for services                                       127,943
Depreciation and amortization                             82,323
 Accounts payable and accrued expense                     57,155         280
                                                      -----------   ---------
Net Cash Used In
  Operating Activities                                  (111,848)          0
                                                      -----------   ---------

Cash Flow From Investing Activities
  Deposits                                               (11,000)
                                                      -----------
     Net Cash Flow From Investing Activities             (11,000)         --

Cash Flow From Financing Activities
  Convertible debentures                                 570,000          --
  Loan - payments                                       (141,690)
  Loan                                                    37,792
Cash from merger                                             260
                                                       ----------
     Net Cash Provided By Financing Activities           466,362          --

Increase (Decrease) In Cash and
  Cash Equivalents                                       343,514          --

Cash and Cash Equivalents at Beginning of Period            0.00          --
                                                       ----------   ---------

Cash and Cash Equivalents at End of Period             $ 343,513    $     --
                                                       ==========   =========

Supplemental Disclosures of Cash Flow Information
  26,187,987 shares @ $0.00395 per share for merger      103,627          --
  1,697,434 shares @ $0.0754 per share for services      127,943          --
  1,700,000 shares @ $0.0624 per share for
   liability to professionals                            106,000          --
                                                       ----------   ---------
     Total Supplemental Disclosures                    $ 337,570    $     --
                                                       ==========   =========


                 See accompanying notes to financial statements


                                       5

<PAGE>


                               INZON CORPORATION
                       (formerly W-J International, Ltd)
                         NOTES TO FINANCIAL STATEMENTS
                                  (Unaudited)


NOTE 1 - BASIS OF PRESENTATION

The condensed balance sheet of InZon Corporation, a Nevada corporation
("Company"), as of June 30, 2005 (unaudited) and the related
statements of operations and cash flows for the nine months ended June
30, 2005 and 2004 (unaudited) are enclosed.  In the opinion of Company
management, all adjustments necessary for a fair presentation of such
financial statements have been included.  Such adjustments consisted
only of normal recurring items.

The financial statements and notes are presented as permitted by Form
10-QSB and do not contain certain information included in the
Company's annual financial statements and notes contained in the Form
10-KSB for the fiscal year ended September 30, 2004.

Interim Financial Statements.

The interim financial statements included herein have been prepared by
the Company, without audit pursuant to the rules and regulations of
the Securities and Exchange Commission ("SEC").  Certain information
and footnote disclosures normally included in annual financial
statements prepared in accordance with accounting principles generally
accepted in the United States of America have been condensed or
omitted.  The interim financial statements reflect, in the opinion of
management, all adjustments necessary (consisting only of normal
recurring adjustments) to present a fair statement of results for the
interim periods presented.  The operating results for any interim
period are not necessarily indicative of the results that may be
expected for the fiscal year ending September 30, 2005.  The
accompanying financial statements should be read in conjunction with
the consolidated financial statements and notes included in the
Company's Annual Report on Form 10-KSB for the fiscal year ended
September 30, 2004.

NOTE 2 - CRITICAL ACCOUNTING POLICIES

Use of Estimates.

The preparation of financial statements in accordance with accounting
principles generally accepted in the United States of America requires
management of the Company to make estimates and assumptions that
affect the reported amounts of assets and liabilities at the date of
the interim financial statements and the reported amounts of revenues
and expenses during the reporting period.  Such estimates include, but
are not limited to, revenue recognition and allowances, accrued
liabilities, deferred revenue, loss contingencies and accounting for
income taxes.  Actual results could differ from these estimates.


                                       6

<PAGE>


                               INZON CORPORATION
                       (formerly W-J International, Ltd)
                         NOTES TO FINANCIAL STATEMENTS
                                  (Unaudited)



Impaired Fair Value of Financial Instruments.

The carrying amounts for the Company's cash, accounts payable, accrued
liabilities, due to stockholder and officers approximate fair value
due to the short-term maturity of these instruments.

Income Taxes.

In February 1992, the Financial Accounting Standards Board ("FASB")
issued Statement of Financial Accounting Standards ("SFAS") No. 109,
"Accounting for Income Taxes."  SFAS No. 109 required a change from
the deferred method of accounting for income taxes of Accounting
Principles Board Opinion No. 11 to the asset and liability method of
accounting for income taxes.  Under the asset and liability method of
SFAS No. 109, deferred tax assets and liabilities are recognized for
the future tax consequences attributable to differences between the
financial statement carrying amounts of existing assets and
liabilities and their respective tax bases.  Deferred tax assets and
liabilities are measured using enacted tax rates expected to apply to
taxable income in the years in which those temporary differences are
expected to be recovered or settled.  Under SFAS No. 109, the effect
on deferred tax assets and liabilities of a change in tax rates is
recognized in income in the period that includes the enactment date.
Effective January 1, 1993, the Company adopted SFAS No. 109.

Earnings (Loss) per Share.

In February 1997, the FASB issued SFAS No. 128, "Earnings per Share."
SFAS No. 128 simplifies the standards for computing earnings per share
("EPS") and was effective for financial statements issued for periods
ending after December 15, 1997, with earlier application not
permitted.  Effective January 1, 1998, the Company adopted SFAS No.
128.  Basic EPS is determined using net income divided by the weighted
average shares outstanding during the period.  Diluted EPS is computed
by dividing net income by the weighted average shares outstanding,
assuming all dilutive potential common shares were issued.  Since the
fully diluted losses per share for the first three quarters of fiscal
years 2004 and 2003 were antidilutive, basic and diluted losses per
share are the same.  Accordingly, rights to purchase common issuable
upon conversion of convertible debentures were not included in the
calculation of diluted earnings per common share.

NOTE 3 - GOING CONCERN CONSIDERATIONS

As of June 30, 2005, the Company reported an accumulated deficit of
$3,338,879.  The Company's ability to generate net income and positive
cash flows is dependent on the ability to execute its current business
plan, as well as the ability to raise additional capital.  Management
is aggressively following strategic plans to accomplish both
objectives.  Although management believes it sill accomplish these


                                       7

<PAGE>


                               INZON CORPORATION
                       (formerly W-J International, Ltd)
                         NOTES TO FINANCIAL STATEMENTS
                                  (Unaudited)



goals, the success of these plans is not guaranteed.  As of June 30,
2005, these factors raise substantial doubt about the Company's
ability to continue as a going concern.



NOTE 4 - BUSINESS MERGER

On October 1, 2004, the Company consummated an Agreement and Plan of
Merger with InZon Corporation, a Delaware corporation ("InZon"),
whereby, the Company acquired all the outstanding capital stock of
InZon in exchange for shares in the Company's common stock totaling
26,215,944 shares.  InZon has spent its time primarily on developing a
proprietary software technology since the date of its inception on May
14, 2004.  Since there is no readily available market for the
Company's shares, the transaction has been currently valued at
approximately $104,000 based upon InZon's net book value at September
30, 2004.  This transaction will be accounted for under the purchase
method of accounting that will result in allocating the purchase price
based upon the net assets acquired.  The net book value of InZon at
June 30, 2005 is based on unaudited financial information obtained by
the Company and may significantly change upon a completion of an audit
of InZon's financial statements.  As part of the audit, a valuation of
the software is being completed to properly recognize the software's
value.

The numbers in the attached financial statements reflect the combined
companies for the entire three quarters since the merger was completed
on October 1, 2004.

NOTE 5 - RELATED PARTY TRANSACTIONS

Two of the officers and directors of the Company, David Levy and James
Smith, have previously entered into employment agreements with InZon;
these agreements remained in effect after the completion of the
merger.  Each of these agreements is for a term of five years from
June 1, 2004.  Under these agreements, these individuals will be paid
an annual salary of $240,000 and $180,000, respectively.  Also, these
individuals will be entitled to a bonus annually equal to no less than
1.5% percent of the net profits of the Company (net profits being
defined according to Generally Accepted Accounting Principles); each
may elect to take this bonus in any combination of cash and stock.  In
addition, each employee will be entitled to certain other medical,
dental, and insurance benefits.  These salaries have been accrued but
not paid.

NOTE 6 - CONVERTIBLE DEBENTURES

On March 10, 2005 the Company issued to a private investor a $560,000
convertible debenture bearing interest at 9% per annum with a maturity
date of March 9, 2008.  As of June 8, 2005, the holder had advanced
the Company $350,000 under the debenture and the investor and the
Company mutually agreed that to close the debenture at that time.  The
holder of the debenture may convert the principal amount of the
debenture to common stock of the Company at a conversion price of
$0.2857 per share with certain registration rights.  Interest is due

                                       8

<PAGE>


                               INZON CORPORATION
                       (formerly W-J International, Ltd)
                         NOTES TO FINANCIAL STATEMENTS
                                  (Unaudited)



on the principal amount outstanding on a quarterly basis commencing on
the first day of the second calendar month following the month in
which the Company received the proceeds of the debenture.

On June 15, 2005 the Company received $220,000 from a private investor
and issued to such investor a $220,000 convertible debenture bearing
interest at 9% per annum with a maturity date of June 14, 2008.  The
holder of the debenture may convert the principal   amount of the
debenture to common stock of the Company at a conversion price of
$0.2857 per share with certain registration rights.  Interest is due
on the principal amount outstanding on a quarterly basis commencing on
the first day of the second calendar month following the month in
which the Company received the proceeds of the debenture.

 ITEM 2.  PLAN OF OPERATION.

The following discussion should be read in conjunction with the
financial statements of the Company and notes thereto contained
elsewhere in this report.

Twelve-Month Plan of Operation.

On September 10, 2004 the Company entered into a merger agreement
effective October 1, 2004 with InZon Corporation, a Delaware
corporation domiciled in Delray Beach, Florida. The merger was
effected on October 1, 2004

The Company's VoIP technology provides complete voice, fax, data
and conference call services on an ASP platform utilizing its own
worldwide hybrid VoIP/TDM network.  Presently the Voice over Internet
Protocol ("VoIP") is a fragmented market with a number of small
companies providing services without a strong backbone network.  Most
of these companies are targeting the US domestic market, which is very
difficult to compete in and does not provide viable margins.

The Company's hybrid TDM (Traditional Voice) and IP Telephony
technology (or Transitional Telecom technology), uses leading edge
monitoring and management software to thoroughly evaluate
profitability in real-time and further enhance our ability to remain
competitive. These systems employ dynamic routing that will allow
systems to immediately react to changing network conditions and
reroute based on predefined criteria.  A web-based mechanism will be
provided to allow external access for our customers and suppliers to
more readily obtain or offer new rates and codes.  Currently, this is
one of the most time consuming aspects of daily operations in
wholesale telecom.  By streamlining this process, the Company is able
to provide maximum value and compelling niche appeal to potential
customers and suppliers.

The Company will focus on wholesale outbound traffic to Latin
America, Asia and Europe.  Initially, the Company will utilize 60
Hudson, New York, New York as a colocation center with initial traffic
capacity to handle up to 1.2 million minutes per day under a
Colocation Facilities License Agreement.


                                       9

<PAGE>


For the next phase, traffic capacity is intended to be added to
handle up to 10 million minutes per day.  Approximately 30% of the
overall capacity is intended to be allocated to international traffic
associated with VoIP product applications, with the remainder of
available capacity utilized for Latin American wholesale expansion.

The Company has secured a profit sharing agreement with a
broadband provider for traffic termination into the U.S.  This
agreement will allow the Company to interconnect with African
customers at 60 Hudson, New York, New York, for lowest cost
termination into U.S. from Africa, with a high quality of service
(QoS).  In addition, the Company has established an interconnection
agreement with a Mexican telecommunications company that will allow
the Company to service its U.S. tier 2 customers under agreement for
VoIP termination into Mexico at competitive prices.  Finally, the
Company has secured a VoIP services agreement with an offshore service
provider to deploy VoIP subscription products throughout Asia.  The
Company considers that all these agreements were entered into in the
ordinary course of business.

On April 12, 2005, the Company's common stock was cleared by the
OTC Compliance Unit of the National Association of Securities Dealers,
Inc. for trading on the Over the Counter Bulletin Board under the
symbol "IZON".  On May 12, 2005, the Company's common actually
commenced trading.

As of June 30, 2005 the Company had approximately $344,500 in
cash on deposit.  We believe that this amount will satisfy our cash
requirements for a minimum of six months.  To execute our business
plan in full we anticipate that we will be required to raise
additional funding during the next twelve months.  The Company is in
active discussions with private investors to provide these funds.

Capital Expenditures.

	There were no material capital expenditures during the quarter
ended June 30, 2005.

Risk Factors Connected with Plan of Operation.

(a)	Limited Prior Operations, History of Operating Losses, and
Accumulated Deficit May Affect Ability of Company to Survive.

	The Company has had limited prior operations to date.  Since the
Company's principal activities to date have been limited to
organizational activities, and seeking new business ventures, it has
no recent record of any revenue-producing operations.  Consequently,
there is only a limited operating history upon which to base an
assumption that the Company will be able to achieve its business
plans.  In addition, the Company has only limited assets.  As a
result, there can be no assurance that the Company will generate
significant revenues in the future; and there can be no assurance that
the Company will operate at a profitable level.  Accordingly, the
Company's prospects must be considered in light of the risks, expenses
and difficulties frequently encountered in connection with the
establishment of a new business.

                                       10

<PAGE>

	The Company has incurred net losses: $70,045 for the fiscal year
ended September 30, 2003, $46,657 for the fiscal year ended September
30, 2004, and $694,270 for the nine months ended June 30, 2005.  At
December 31, 2004, the Company had an accumulated deficit of
$2,504,609. The increased losses are due to the start up of the new
business acquired through the merger.  These losses raise substantial
doubt about the Company's ability to continue as a going concern.

        As a result of the fixed nature of many of the Company's
expenses, the Company may be unable to adjust spending in a timely
manner to compensate for any unexpected delays in the development and
marketing of the Company's products or any capital raising or revenue
shortfall.  Any such delays or shortfalls will have an immediate
adverse impact on the Company's business, operations and financial
condition.

(b)	Need for Additional Financing May Affect Operations and Plan of
Business.

	The working capital requirements associated with the merger
effective October 1, 2004 of the Company may be significant.  The
Company anticipates, based on currently proposed assumptions relating
to its operations (including with respect to costs and expenditures
and projected cash flow from operations), that it must seek financing
to continue its operations.

	On March 10, 2005 the Company issued to a private investor a
$560,000 convertible debenture bearing interest at 9% per annum with a
maturity date of March 9, 2008.  As of June 8, 2005, the holder had
advanced the Company $350,000 under the debenture and the investor and
the Company mutually agreed that to close the debenture at that time.
The holder of the debenture may convert the principal amount of the
debenture to common stock of the Company at a conversion price of
$0.2857 per share with certain registration rights.  Interest is due
on the principal amount outstanding on a quarterly basis commencing on
the first day of the second calendar month following the month in
which the Company received the proceeds of the debenture.

	On June 15, 2005 the Company received $220,000 from a private
investor and issued to such investor a $220,000 convertible debenture
bearing interest at 9% per annum with a maturity date of June 14,
2008.  The holder of the debenture may convert the principal amount of
the debenture to common stock of the Company at a conversion price of
$0.2857 per share with certain registration rights.  Interest is due
on the principal amount outstanding on a quarterly basis commencing on
the first day of the second calendar month following the month in
which the Company received the proceeds of the debenture.

	Any future financing, when and if needed, may not be available,
or on terms acceptable to management.  In the event that the Company's
plans change or its assumptions change (due to unanticipated expenses,
technical difficulties, or otherwise), the Company would be required
to seek additional financing.


                                       11

<PAGE>


        If funding is insufficient at any time in the future, the Company
may not be able to take advantage of business opportunities or respond
to competitive pressures, or may be required to reduce the scope of
its planned product development and marketing efforts, any of which
could have a negative impact on its business and operating results.
In addition, insufficient funding may have a material adverse effect
on the Company's financial condition, which could require the Company
to:

*       curtail operations significantly;

*       sell significant assets;

*       seek arrangements with strategic partners or other parties that
may require the Company to relinquish significant rights to
products, technologies or markets; or

*       explore other strategic alternatives including a merger or sale
of the Company.

	To the extent that the Company raises additional capital through
the sale of equity or convertible debt securities, the issuance of
such securities may result in dilution to existing stockholders.  If
additional funds are raised through the issuance of debt securities,
these securities may have rights, preferences and privileges senior to
holders of common stock and the terms of such debt could impose
restrictions on the Company's operations.  Regardless of whether the
Company's access to financing proves to be inadequate to meet its
operational needs, the Company may seek to compensate providers of
services by issuance of stock in lieu of cash, which may also result
in dilution to existing shareholders.

(c)	Independent Auditors Have Expressed Substantial Doubt Ability to
Continue as a Going Concern.

        In his report dated January 11, 2005, the Company's independent
auditor stated that the financial statements for the year ended
September 30, 2004 were prepared assuming that the Company would
continue as a going concern.  The Company's ability to continue as a
going concern is an issue raised as a result of cash flow constraint,
an accumulated deficit, and recurring losses from operations.  The
Company continues to experience net losses.  The Company's ability to
continue as a going concern is subject to the ability to generate a
profit and/or obtain necessary funding from outside sources, including
obtaining additional funding from the sale of the Company's
securities, increasing sales or obtaining loans from various financial
institutions where possible.  The continued net losses and
stockholders' deficit increases the difficulty in meeting such goals
and there can be no assurances that such methods will prove
successful.

	(d)	Competition May Affect Operation of Company.

        The market in the VoIP industry is intensely competitive
and the Company expects competition to continue to increase.  In
addition some competitors in the Company's market have longer
operating histories, significantly greater financial, technical,


                                       12

<PAGE>

marketing and other resources, and greater brand recognition than the
Company does.  The Company also expects to face additional competition
as other established and emerging companies enter the VoIP market.  To
be competitive, the Company believes that it must, among other things,
invest significant resources in developing new products, improve its
current products and maintain customer satisfaction.  Such investment
will increase the Company's expenses and affect its profitability. In
addition, if it fails to make this investment, the Company may not be
able to compete successfully with its competitors, which could have a
material adverse effect on its revenue and future profitability

(e)	Technological and Market Changes May Affect Operation of Company.

        The markets in which the Company competes are characterized by
rapid technological change, frequent new product introductions,
evolving industry standards and changing needs of customers.  There
can be no assurance that the Company's existing products will continue
to be properly positioned in the market or that the Company will be
able to introduce new or enhanced products into the market on a timely
basis, or at all.  Currently, the Company is focusing on upgrading and
introducing new products.  There can be no assurance that enhancements
to existing products or new products will receive customer acceptance.
As competition in the electronic payments industry increases, it may
become increasingly difficult for the Company to be competitive.

        Risks associated with the development and introduction of new
products include delays in development and changes in VoIP technology,
and operating system technologies that could require the Company to
modify existing products.  There is also the risk to the Company that
there may be delays in initial shipments of new products.  Further
risks inherent in new product introductions include the uncertainty of
price-performance relative to products of competitors, competitors'
responses to the introductions and the desire by customers to evaluate
new products for longer periods of time.

(f)	New Versions of Company's Services May Contain Errors or Defects.

The Company's VoIP technology is complex and, accordingly, may
contain undetected errors or failures when first introduced or as new
versions are released.  This may result in the loss of, or delay in,
market acceptance of the Company's services.  The Company may in the
future discover errors in new services after their commencement or be
required to compensate customers for such limitations or errors, as a
result of which the Company's business, cash flow, financial condition
and results of operations could be materially adversely affected.

(g)	No Assurance of Successful and Timely Services Development.

	The Company's services and proposed enhancements are at various
stages of development and additional development and testing will be
required in order to determine the technical feasibility and
commercial viability of the products.


                                       13

<PAGE>


	There can be no assurance that the Company's development efforts
will be successfully completed.  The Company's proposed development
schedule may be affected by a variety of factors, many of which will
not be within the control of the Company, including technological
difficulties, access to proprietary technology of others, delays in
regulatory approvals, international operating licenses, and the
availability of necessary funding.  In light of the foregoing factors,
there can be no assurance that the Company will be able to complete or
successfully commercialize its services.  The inability of the Company
to successfully complete the development of new services or to do so
in a timely manner, could force the Company to scale back operations,
or cease operations entirely.

(h)	Market Acceptance May Affect Plan of Business.

	The Company's success is dependent on the market acceptance of
its services.  Despite the increasing demand for VoIP technology, this
industry is not long established and market acceptance of the
Company's services will be dependent, among other things, upon its
quality, ease of use, speed, reliability, and cost effectiveness.
Even if the advantages of the Company's services are established, the
Company is unable to predict how quickly, if at all, the services will
be accepted by the marketplace.

(i)	Ability to Compete Dependent on Protection of Proprietary Rights.

        The Company's ability to compete will be dependent in part on the
protection of its potential patents, trademarks, trade names, service
marks and other proprietary rights.  The Company intends to rely on
trade secret and copyright laws to protect the intellectual property
that it plans to develop, but there can be no assurance that such laws
will provide sufficient protection to the Company, that others will
not develop a service that are similar or superior to the Company's,
or that third parties will not copy or otherwise obtain and use the
Company's proprietary information without authorization.  In addition,
certain of the Company's know-how and proprietary technology may not
be patentable.

        The Company may rely on certain intellectual property licensed
from third parties, and may be required to license additional products
or services in the future, for use in the general operations of its
business plan.  There can be no assurance that these third party
licenses will be available or will continue to be available to the
Company on acceptable terms or at all.  The inability to enter into
and maintain any of these licenses could have a material adverse
effect on the Company's business, financial condition or operating
results.

	There is a risk that some of the Company's products may infringe
the proprietary rights of third parties.  In addition, whether or not
the Company's products infringe on proprietary rights of third
parties, infringement or invalidity claims may be asserted or
prosecuted against it and it could incur significant expense in
defending them.  If any claims or actions are asserted against the
Company, it may be required to modify its products or seek licenses

                                       14

<PAGE>

for these intellectual property rights.  The Company may not be able
to modify its products or obtain licenses on commercially reasonable
terms, in a timely manner or at all.  The Company's failure to do so
could have a negative affect on its business and revenues.

(j)  	Dependence on Suppliers May Affect Operation of Company.

        The Company depends upon broadband Internet connections for
moving the traffic of its customers.  There are numerous suppliers of
broadband Internet connection with which the Company can use to meet
its needs for meeting its customer's needs.  The Company does not
foresee an shortage of capacity in the near future but should such a
change occur, it could dramatically impact the Company's business.
The Company only has limited control over any supplier as to quality
controls and various other factors.

(k)	Control by Officers and Directors Over Affairs of the Company May
Override Wishes of Other Stockholders.

	The Company's officers and directors currently own approximately
69.5% of the outstanding shares of the Company's common stock.  As a
result, such persons, acting together, have the ability to exercise
significant influence over all matters requiring stockholder approval.
In addition, all decisions with respect to the management of the
Company will be made exclusively by the officers and directors of the
Company.  Investors will only have rights associated with stockholders
to make decisions that affect the Company.  Accordingly, it could be
difficult for the investors hereunder to effectuate control over the
affairs of the Company.

	Therefore, the success of the Company, to a large extent, will
depend on the quality of its directors and officers.  Accordingly, no
person should invest in the Company unless he is willing to entrust
all aspects of the management of the Company to the officers and
directors.

(l)	Loss of Any of Current Management Could Have Adverse Impact on
Business and Prospects for Company.

        The Company's success is dependent upon the hiring of key
administrative personnel.  Only two of the Company's officers,
directors, and key employees have an employment agreement with the
Company (CEO and COO); therefore, there can be no assurance that these
personnel will remain employed by the Company after the termination of
such agreements.  Should any of these individuals cease to be
affiliated with the Company for any reason before qualified
replacements could be found, there could be material adverse effects
on the Company's business and prospects.

(m)	Limitations on Liability, and Indemnification, of Directors and
Officers May Result in Expenditures by Company.

        Under the Company's Articles of Incorporation, as amended and
restated, and its Bylaws, as restated, the Company is permitted to
indemnify its directors, officers, employees and agents.  In addition,

                                       15

<PAGE>

the Nevada Revised Statutes provide for permissive indemnification of
officers and directors.  Any indemnification of directors, officer,
employees, or agents could result in substantial expenditures being
made by the Company in covering any liability of such persons or in
indemnifying them.

(n)	Potential Conflicts of Interest May Affect Ability of Officers
and Directors to Make Decisions in the Best Interests of Company.

        The officers and directors have other interests to which they
devote time, either individually or through partnerships and
corporations in which they have an interest, hold an office, or serve
on boards of directors, and each will continue to do so
notwithstanding the fact that management time may be necessary to the
business of the Company. As a result, certain conflicts of interest
may exist between the Company and its officers and/or directors that
may not be susceptible to resolution.  All of the potential conflicts
of interest will be resolved only through exercise by the directors of
such judgment as is consistent with their fiduciary duties to the
Company.  It is the intention of management, so as to minimize any
potential conflicts of interest, to present first to the board of
directors to the Company, any proposed investments for its evaluation.

(o)	Non-Cumulative Voting May Affect Ability of Shareholders to
Influence Company Decisions.

        Holders of the shares are not entitled to accumulate their votes
for the election of directors or otherwise. Accordingly, the holders
of a majority of the shares present at a meeting of shareholders will
be able to elect all of the directors of the Company, and the minority
shareholders will not be able to elect a representative to the
Company's board of directors.

(p)	Absence of Cash Dividends May Affect Investment Value of
Company's Stock.

        The board of directors does not anticipate paying cash dividends
on the shares for the foreseeable future and intends to retain any
future earnings to finance the growth of the Company's business.
Payment of dividends, if any, will depend, among other factors, on
earnings, capital requirements, and the general operating and
financial condition of the Company, and will be subject to legal
limitations on the payment of dividends out of paid-in capital.

(q)	No Assurance of Public Trading Market and Risk of Low Priced
Securities May Affect Market Value of Company's Stock.

	The Securities and Exchange Commission ("SEC") has adopted a
number of rules to regulate "penny stocks."  Such rules include Rule
3a51-1 and Rules 15g-1 through 15g-9 under the Securities Exchange Act
of 1934, as amended.  Because the securities of the Company may
constitute "penny stocks" within the meaning of the rules (as any
equity security that has a market price of less than $5.00 per share

                                       16

<PAGE>

or with an exercise price of less than $5.00 per share, largely traded
in the Over the Counter Bulletin Board or the Pink Sheets), the rules
would apply to the Company and to its securities.

       The SEC has adopted Rule 15g-9 which established sales practice
requirements for certain low price securities.  Unless the transaction
is exempt, it shall be unlawful for a broker or dealer to sell a penny
stock to, or to effect the purchase of a penny stock by, any person
unless prior to the transaction: (i) the broker or dealer has approved
the person's account for transactions in penny stock pursuant to this
rule and (ii) the broker or dealer has received from the person a
written agreement to the transaction setting forth the identity and
quantity of the penny stock to be purchased.  In order to approve a
person's account for transactions in penny stock, the broker or dealer
must: (a) obtain from the person information concerning the person's
financial situation, investment experience, and investment objectives;
(b) reasonably determine that transactions in penny stock are suitable
for that person, and that the person has sufficient knowledge and
experience in financial matters that the person reasonably may be
expected to be capable of evaluating the risks of transactions in
penny stock; (c) deliver to the person a written statement setting
forth the basis on which the broker or dealer made the determination
(i) stating in a highlighted format that it is unlawful for the broker
or dealer to affect a transaction in penny stock unless the broker or
dealer has received, prior to the transaction, a written agreement to
the transaction from the person; and (ii) stating in a highlighted format
immediately preceding the customer signature line that (iii) the
broker or dealer is required to provide the person with the written
statement; and (iv) the person should not sign and return the written
statement to the broker or dealer if it does not accurately reflect
the person's financial situation, investment experience, and
investment objectives; and (d) receive from the person a manually
signed and dated copy of the written statement.  It is also required
that disclosure be made as to the risks of investing in penny stock
and the commissions payable to the broker-dealer, as well as current
price quotations and the remedies and rights available in cases of
fraud in penny stock transactions.  Statements, on a monthly basis,
must be sent to the investor listing recent prices for the Penny Stock
and information on the limited market.

	There has been no public market for the common stock of the
Company.  The Company is applying for listing on the Over the Counter
Bulletin Board.  However, until such times as the common stock of the
Company is so listed, if it is successful in such application, and
even thereafter, an investor may find it difficult to dispose of, or
to obtain accurate quotations as to the market value of the Company's
securities.  The regulations governing penny stocks, as set forth
above, sometimes limit the ability of broker-dealers to sell the
Company's common stock and thus, ultimately, the ability of the
investors to sell their securities in the secondary market.

	Potential shareholders of the Company should also be aware that,
according to SEC Release No. 34-29093, the market for penny stocks has
suffered in recent years from patterns of fraud and abuse.  Such
patterns include (i) control of the market for the security by one or
a few broker-dealers that are often related to the promoter or issuer;
(ii) manipulation of prices through prearranged matching of purchases
and sales and false and misleading press releases; (iii) "boiler room"
practices involving high-pressure sales tactics and unrealistic price

                                       17

<PAGE>

projections by inexperienced sales persons; (iv) excessive and
undisclosed bid-ask differential and markups by selling broker-
dealers; and (v) the wholesale dumping of the same securities by
promoters and broker dealers after prices have been manipulated to a
desired level, along with the resulting inevitable collapse of those
prices and with consequent investor losses.

(r)	Shares Eligible For Future Sale May Afect Price of Common Stock.

        All of the shares of common stock that are currently held,
directly or indirectly, by management have been issued in reliance on
exemptions from registration under the Securities Act of 1933.  Such
shares will not be available for sale in the open market without
separate registration except in reliance upon Rule 144 under the
Securities Act of 1933.  In general, under Rule 144 a person (or
persons whose shares are aggregated) who has beneficially owned shares
acquired in a non-public transaction for at least one year, including
persons who may be deemed affiliates of the Company (as that term is
defined under that rule) would be entitled to sell within any three-
month period a number of shares that does not exceed the greater of 1%
of the then outstanding shares of common stock, or the average weekly
reported trading volume during the four calendar weeks preceding such
sale, provided that certain current public information is then
available.  If a substantial number of the shares owned by these
shareholders were sold pursuant to Rule 144 or a registered offering,
the market price of the common stock could be adversely affected.

Critical Accounting Policies.

	The SEC has issued Financial Reporting release No. 60,
"Cautionary Advice Regarding Disclosure About Critical Accounting
Policies" ("FRR 60"); suggesting companies provide additional
disclosure and commentary on their most critical accounting policies.
In FRR 60, the SEC defined the most critical accounting policies as
the ones that are most important to the portrayal of a company's
financial condition and operating results, and require management to
make its most difficult and subjective judgments, often as a result of
the need to make estimates of matters that are inherently uncertain.
Based on this definition, the Company's most critical accounting
policies include the use of estimates in the preparation of financial
statements.  The methods, estimates and judgments the Company uses in
applying these most critical accounting policies have a significant
impact on the results the Company reports in its financial statements.

	The preparation of the financial statements contained in this
report 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.
On an on-going basis, the Company evaluates these estimates, including
those related to revenue recognition and concentration of credit risk.
The Company bases its estimates on historical experience and on
various other assumptions that is believes to be reasonable under the
circumstances, the results of which form the basis for making
judgments about the carrying values of assets and liabilities that are


                                       18


<PAGE>

not readily apparent from other sources.  Actual results may differ
from these estimates under different assumptions or conditions.

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.  These risks and uncertainties include, but are
not limited to, those discussed above.  These forward-looking
statements speak only as of the date hereof.  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.

ITEM 3.  CONTROLS AND PROCEDURES.

Evaluation of Disclosure Controls and Procedures.

        The Company maintains disclosure controls and procedures (as
defined in Rule 13a-15(e) and Rule 15d-15(e) under the Securities
Exchange Act of 1934, as amended ("Exchange Act")) that are designed
to ensure that information required to be disclosed in our periodic
reports filed under the Exchange Act is recorded, processed,
summarized and reported within the time periods specified in the SEC's
rules and forms, and that such information is accumulated and
communicated to our management, including our principal (chief)
executive officer and principal (chief) financial officer, as
appropriate, to allow timely decisions regarding required disclosure.

        As of the end of the period covered by this report, our
management carried out an evaluation, under the supervision and with
the participation of our principal (chief) executive officer and
principal (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 the evaluation, our principal (chief)
executive officer and principal (chief) financial officer concluded
that our disclosure controls and procedures are effective to ensure
that information required to be disclosed by us in the reports that we
file or submit under the Exchange Act is recorded, processed,
summarized and reported, within the time periods specified in the
Commission's rules and forms.

                                       19


<PAGE>


        Because of the inherent limitations in all control systems,
no evaluation of controls can provide absolute assurance that all
control issues and instances of fraud, if any, will be or have been
detected.  These inherent limitations include the realities that
judgments in decision-making can be faulty, and that breakdowns can
occur because of simple error or mistake.  Additionally, controls can
be circumvented by the individual acts of some persons, by collusion
of two or more people, and/or by management override of the control.
The design of any system of controls also is based in part upon
certain assumptions about the likelihood of future events, and there
can be no assurance that any design will succeed in achieving its
stated goals under all potential future conditions; over time,
controls may become inadequate because of changes in conditions,
and/or the degree of compliance with the policies and procedures may
deteriorate. Because of the inherent limitations in a cost-effective
internal control system, misstatements due to error or fraud may occur
and not be detected.


Changes in Disclosure Controls and Procedures.

        There were no significant changes in the Company's disclosure
controls and procedures, or in factors that could significantly affect
those controls and procedures, since their most recent evaluation.

PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

	None.

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

        The Company made the following sales of unregistered (restricted)
securities during the quarter ended on June 30, 2005:

        On March 10, 2005 the Company issued to a private investor a
convertible debenture bearing interest at 9% per annum with a maturity
date of March 9, 2008.  During the quarter ended June 30, 2005 the
investor advanced $300,000 to the company under such convertible
debenture, bringing the total amount advanced to the Company to
$350,000.  On June 15, 2005 the Company issued to a private investor a
convertible debenture in the principal amount of $220,000 bearing
interest at 9% per annum with a maturity date of June 14, 2008.  The
principal amount of each Convertible Debenture is convertible into
common stock of the Company at a conversion price of $0.2857 per share
with certain registration rights.  For further details, see "Plan of
Operation, Risk Factors Connected with Plan of Operation."

No commissions were paid in connection with this sale.  This sale
was undertaken under Section 4(2) the Securities Act of 1933.  The
transaction did not involve a public offering and investor represented
that he/she was an "accredited" investor.

	On May 17, 2005, the Company issued 1,497,434 shares of its
common stock to a consultant as payment for services valued at
$127,743.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.

        Not Applicable.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

	None

ITEM 5.  OTHER INFORMATION.

	None.

ITEM 6.  EXHIBITS

        Exhibits included or incorporated by reference herein are set
forth in the attached Exhibit Index.


                                       20

<PAGE>


SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Company has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly
authorized.

InZon Corporation


Dated:  August 18, 2005                   By: /s/  David F. Levy
                                             --------------------
                                             David F. Levy,
                                             Chief Executive Officer


Dated:  August 18, 2005                    By: /s/ Richard Dea
                                              --------------------
                                              Richard Dea,
                                              Chief Financial Officer




                                       21


<PAGE>


                                 EXHIBIT INDEX
                                 -------------

Number		   		       Description

2.1	Agreement and Plan of Merger between the Company and W-J
        International, a Delaware corporation, dated December 1,
        2001 (incorporated by reference to Exhibit 2 of the Form
        10-KSB/A filed on April 28, 2003).

2.2	Agreement and Plan of Merger between the Company, on the
        one hand, and InZon Corporation and all of its holders of
        common stock, on the other hand, dated September 24, 2004
        (including Exhibit A: Identification of InZon Corporation
        Shareholders; Exhibit B: Amended and Restated Articles of
        Incorporation; Exhibit B-1: Restated Bylaws; Exhibit C: W-J
        International, Ltd. Financial Statements; Exhibit D:
        Exceptions - W-J International, Ltd. Representations and
        Warranties; Exhibit E: InZon Corporation Unaudited Balance
        Sheet and Income Statement; Exhibit F: Exceptions - InZon
        Corporation Representations and Warranties; Exhibit G:
        Shareholder Letter; Exhibit H: Permitted InZon Corporation
        Transactions; Exhibit I: Certificate of Officer Pursuant to
        Agreement and Plan of Merger; and Exhibit J: Certificate of
        Officer Pursuant to Agreement and Plan of Merger)
        (incorporated by reference to Exhibit 2 of the Form 8-K
        filed on October 1, 2004).

3.1     Articles of Incorporation of the Company, dated December
        20, 2001 (incorporated by reference to Exhibit 3.1 of the
        Form 10-KSB/A filed on April 28, 2003).

3.2	Amended and Restated Articles of Incorporation of the
        Company, dated October 1, 2004 (incorporated by reference
        to Exhibit 3.1 of the Form 8-K/A filed on January 18,
        2005).

3.3	Bylaws of the Company, dated January 15, 2003 (incorporated
        by reference to Exhibit 3.2 of the Form 10-KSB/A filed on
        April 28, 2003).

3.4	Restated Bylaws of the Company, dated October 1, 2004
        (incorporated by reference to Exhibit 3.2 of the Form 8-K/A
        filed on January 18, 2005).

10.1	Consulting Agreement between the Company and Stout Advisors
        & Liquidators, Inc., dated February 23, 2004 (incorporated
        by reference to Exhibit 10.1 of the Form 10-KSB filed on
        January 21, 2005)


10.2	Employment Agreement between InZon Corporation (the
        Delaware corporation) and David F. Levy, dated June 1, 2004
        (incorporated by reference to Exhibit 10.1 of the Form 8-
        K/A filed on January 18, 2005).

                                      22

<PAGE>

10.3	Employment Agreement between InZon Corporation (the
        Delaware corporation) and James B. Smith, dated June 1,
        2004 (incorporated by reference to Exhibit 10.2 of the Form
        8-K/A filed on January 18, 2005).

23	Consent of George Brenner, CPA (incorporated by reference
        to Exhibit 23 of the Form 10-KSB filed on January 21,
        2005).

31.1	Rule 13a-14(a)/15d-14(a) Certification of David F. Levy
        (filed herewith).

31.2	Rule 13a-14(a)/15d-14(a) Certification of Richard Dea
        (filed herewith).

32	Section 1350 Certification of David F. Levy and Richard Dea
        (filed herewith).


                                       23

<PAGE>