**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

| New                Jersey                               |   | 22-2333899                         |
|---------------------------------------------------------|--------|------------------------------------|
| (State                or other jurisdiction of          |   | (I.R.S.                Employer    |
| incorporation                or organization)           |   | Identification                No.) |
|                                                    |   |                               |
| 1801                East Ninth Street                   |   |                               |
| Cleveland,                Ohio                          |   | 44114                              |
| (Address                of principal executive offices) |   | (Zip                Code)          |

----

**SENTEX        SENSING TECHNOLOGY, INC. AND SUBSIDIARIES**

**CONSOLIDATED        BALANCE SHEET**

**NOVEMBER        30, 2006 AND FEBRUARY 28, 2007**

|                                                                  |   |    |   | **November                  30,** |   | **February                  28,** |   |
|-----------------------------------------------------------------------|--------|--------------|--------|-----------------------------------|--------|-----------------------------------|--------|
|                                                                  |   |    |   | **2006**                          |   | **2007**                          |   |
|                                                                  |   |    |   | **(Audited)**                     |   | **(Unaudited)**                   |   |
| **ASSETS**                                                            |   |              |   |                              |   |                              |   |
|                                                                  |   |    |   |                              |   |                              |   |
| **OTHER                  ASSETS**                                     |   |    |   |                              |   |                              |   |
| Distribution                  agreement                          |   |         |   |                              |   | 1,900,000                         |   |   | 1,900,000 |   |
|                                                                  |   |         |   |                              |   |                                   |   |   |   |   |
| **TOTAL                  ASSETS**                                     |   |         |   |                              | $      | 1,900,000                         |   | $ | 1,900,000 |   |
|                                                                  |   |         |   |                              |   |                              |   |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' EQUITY**             |   |         |   |                              |   |                              |   |   |   |   |
|                                                                  |   |         |   |                              |   |                              |   |   |   |   |
| **CURRENT                  LIABILITIES**                              |   |         |   |                              |   |                              |   |   |   |   |
| Notes                  payable:                                  |   |         |   |                              |   |                              |   |   |   |   |
|  Related                  party                                  |   |         |   |                              | $      | 7,726,012                         |   | $ | 7,857,277 |   |
| Trade                  and other accounts payable ($441,671 and  |   |         |   |                              |   |                                   |   |   |  |   |
|  $441,671                  to related parties)                   |   |         |   |                              |   | 533,760                           |   |   | 507,257 |   |
| Accrued                  liabilities                             |   |         |   |                              |   | -                                 |   |   |  |   |
| Consulting                  contracts payable                    |   |         |   |                              |   | -                                 |   |   |  |   |
| Convertible                  subordinated notes payable          |   |         |   |                              |   | 12,423                            |   |   | 12,423 |   |
|                                                                  |   |         |   |                              |   |                                   |   |   |   |   |
| **TOTAL                  CURRENT LIABILITIES**                   |   |         |   |                              |   | 8,272,195                         |   |   | 8,376,956 |   |
|                                                                  |   |         |   |                              |   |                                   |   |   |   |   |
|                                                                  |   |         |   |                              |   |                                   |   |   |   |   |
| **STOCKHOLERS'                  EQUITY**                              |   |         |   |                              |   |                                   |   |   |   |   |
| Common                  stock, no par value                      |   |         |   |                              |   |                                   |   |   |  |   |
|  Authorized                  - 200,000,000 shares                |   |         |   |                              |   |                                   |   |   |   |   |
|  Issued                  - 199,847,764 shares                    |   |         |   |                              |   |                                   |   |   |   |   |
|  Outstanding                  - 199,847,764 shares               |   |         |   |                              |   | 4,767,579                         |   |   | 4,767,579 |   |
| Accumulated                  deficit                             |   |         |   |                              |   | (11,139,774                       | )      |   | (11,244,535 | ) |
|                                                                  |   |         |   |                              |   |                                   |   |   |   |   |
| **TOTAL                  STOCKHOLDERS' EQUITY**                  |   |         |   |                              |   | (6,372,195                        | )      |   | (6,476,956 | ) |
|                                                                  |   |         |   |                              |   |                                   |   |   |   |   |
| **TOTAL                  LIABILITIES AND STOCKHOLDERS' EQUITY**  |   |         |   |                              | $      | 1,900,000                         |   | $ | 1,900,000 |   |

----

**SENTEX        SENSING TECHNOLOGY, INC. AND SUBSIDIARIES**

**CONSOLIDATED        STATEMENTS OF OPERATIONS FOR THE THREE MONTHS**

**ENDED        FEBRUARY 28, 2006 AND FEBRUARY 28, 2007 (UNAUDITED)**

|                                                       |   | **Three                  Months Ended** |        |
|------------------------------------------------------------|--------|-----------------------------------------|-------------|
|                                                       |   | **Feb                  28,**            |        | **Feb                  28,** |   |
|                                                       |   | **2006**                                |        | **2007** |   |
|                                                       |   |                                    |        |   |   |
| **REVENUES**                                               |   |                                    |        |   |   |
| Sales                                                      |   | $                                       | -           |   | $ | - |   |
| Interest                  and other income                 |   |                                    | 5,246       |   |   | - |   |
| Total                  Revenues                            |   |                                    | 5,246       |   |   | - |   |
|                                                       |   |                                    |             |   |   |  |   |
| **COST                  OF GOODS SOLD**                    |   |                                    | -           |   |   | - |   |
|                                                       |   |                                    |        |   |   |   |   |
| **GROSS                  PROFIT**                          |   |                                    | 5,246       |   |   | - |   |
|                                                       |   |                                    |        |   |   |   |   |
| **OPERATING                  EXPENSES**                    |   |                                    |        |   |   |   |   |
| Administration                                             |   |                                    | 26,777      |   |   | 6,480 |   |
|                                                       |   |                                    |        |   |   |   |   |
| Total                  expenses                            |   |                                    | 26,777      |   |   | 6,480 |   |
|                                                       |   |                                    |             |   |   |  |   |
| **LOSS                  FROM OPERATIONS**                  |   |                                    | (21,531     | ) |   | (6,480 | ) |
|                                                       |   |                                    |             |   |   |  |   |
| **OTHER                  EXPENSE**                         |   |                                    |        |   |   |   |   |
| Interest                  Expense                          |   |                                    | 110,752     |   |   | 98,281 |   |
|                                                       |   |                                    |             |   |   |  |   |
| **NET                  LOSS**                              |   |                                    | (132,283    | ) |   | (104,762 | ) |
|                                                       |   |                                    |             |   |   |  |   |
| **NET                  PROFIT(LOSS) PER SHARE (BASIC AND** |   |                                    |        |   |   |   |   |
| **DILUTED)**                                               |   | $                                       | (0.00       | ) | $ | (0.00 | ) |
|                                                       |   |                                    |             |   |   |  |   |
| **WEIGHTED                  NUMBER OF SHARES OUTSTANDING** |   |                                    | 103,764,911 |   |   | 199,847,764 |   |

----

**SENTEX        SENSING TECHNOLOGY, INC. AND SUBSIDIARIES**

**CONSOLIDATED        STATEMENTS OF CASH FLOW FOR THE THREE MONTHS**

**ENDED        FEBRUARY 28, 2006 AND FEBRUARY 28, 2007 (UNAUDITED)**

|                                                                          |   | **Three                  Months Ended** |     |
|-------------------------------------------------------------------------------|--------|-----------------------------------------|----------|
|                                                                          |   | **Feb                  28,**            |     | **Feb                  28,** |   |
|                                                                          |   | **2006**                                |     | **2007** |   |
|                                                                          |   |                                    |     |   |   |
| **OPERATING                  ACTIVITIES:**                                    |   |                                    |     |   |   |
| Net                  loss                                                |   | $                                       | (132,283 | ) | $ | (104,762 | ) |
| Adjustment                  to reconcile net loss to net                 |   |                                    |     |   |   |   |   |
|  cash                  used by operating activities:                     |   |                                    |     |   |   |   |   |
|  Depreciation                  and amortization                          |   |                                    | -        |   |   | - |   |
|  Noncash                  interest expense                               |   |                                    | 110,752  |   |   | 98,281 |   |
|  Accounts                  receivable                                    |   |                                    | -        |   |   | - |   |
|  Inventories                                                             |   |                                    | -        |   |   | - |   |
|  Other                  assets                                           |   |                                    | -        |   |   | - |   |
|  Accounts                  payable                                       |   |                                    | (18,818  | ) |   | (26,503 | ) |
|  Accrued                  liabilities                                    |   |                                    | -        |   |   | - |   |
|                                                                          |   |                                    |     |   |   |   |   |
|  Total                  Adjustments                                      |   |                                    | 91,934   |   |   | 71,778 |   |
|                                                                          |   |                                    |     |   |   |   |   |
| Net                  cash used by operating activities                        |   |                                    | (40,349  | ) |   | (32,984 | ) |
|                                                                          |   |                                    |     |   |   |   |   |
| **CASH                  FLOWS FROM FINANCING ACTIVITIES**                     |   |                                    |     |   |   |   |   |
| Proceeds                  on notes and accounts payable - related party  |   |                                    | 40,281   |   |   | 32,984 |   |
| Payments                  on note payable - related party                |   |                                    | -        |   |   | - |   |
|                                                                          |   |                                    |     |   |   |   |   |
| Net                  cash provided by financing activities                    |   |                                    | 40,281   |   |   | 32,984 |   |
|                                                                          |   |                                    |     |   |   |   |   |
| **NET                  INCREASE (DECREASE) IN CASH**                          |   |                                    | (68      | ) |   | - |   |
|                                                                          |   |                                    |     |   |   |   |   |
| **CASH                  - BEGINNING OF PERIOD**                               |   |                                    | 68       |   |   | - |   |
|                                                                          |   |                                    |     |   |   |   |   |
| **CASH                  - END OF PERIOD**                                     |   | $                                       | -        |   | $ | - |   |
|                                                                          |   |                                    |     |   |   |   |   |
| Supplemental                  disclosure of cash flow information:            |   |                                    |     |   |   |   |   |
| Cash                  paid during the quarter for:                       |   |                                    |     |   |   |   |   |
|  Interest                                                                |   | $                                       | -        |   | $ | - |   |

----

*State      of Ohio, Department of Administrative Services v. IQ Solutions, LLC, et      al.*

----

----

| **BALANCE                SHEET DATA**                       |   | **2006** |      |
|-------------------------------------------------------------|--------|----------|-----------|
| Current                assets                               |   | $        | 582,223   |   |
| Leasehold                improvements                       |   |     | 15,439    |   |
| Computer                and office equipment                |   |     | 141,523   |   |
| Goodwill/client                lists                        |   |     | 294,786   |   |
| Other                assets                                 |   |     | 426       |   |
|                                                        |   |     |      |   |
| Total                assets                                 |   |     | 1,034,397 |   |
|                                                        |   |     |      |   |
| Current                liabilities                          |   |     | 61,434    |   |
|                                                        |   |     |      |   |
| Other                liabilities                            |   |     | 1,063     |   |
|                                                        |   |     |      |   |
| Partners’                equity                       |   |     | 971,900   |   |
|                                                        |   |     |      |   |
| Total                liabilities and partners’ equity |   | $        | 1,034,397 |   |
|                                                        |   |     |      |   |
| STATEMENT                OF INCOME DATA                     |   |     |      |   |
|                                                        |   |     |      |   |
| Revenues                                                    |   | $        | 780,716   |   |
| Net                income(loss)                             |   | $        | 64,736    |   |

----

----

----

| Date:                April 20, 2007 | SENTEX                SENSING TECHNOLOGY, INC. |
|-------------------------------------|------------------------------------------------|
|                                |                                           |   |
|                                | By:                                            | /s/                Henrik Rubinstein |
|                                |                                           | Henrik                Rubinstein, President |
|                                |                                           |   |
|                                |                                           | /s/                Robert S. Kendall |
|                                |                                           | Robert                S. Kendall, Chairman and Treasurer |
|                                |                                           |   |
|                                |                                           | /s/                William R. Sprow |
|                                |                                           | William                R. Sprow, Chief Financial Officer |
|                                |                                           |   |
|                                |                                           | /s/                William R. Sprow |
|                                |                                           | William                R. Sprow, Controller |

----

| a)                     | Exhibit                31.1302                Certification of Chief Executive                Officer |
|------------------------------------------------------|-------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|   | Exhibit                31.2 302                Certification of Chief Financial Officer  |
|--------|----------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|   | Exhibit                32.1 Certification                Pursuant To 18 U. S. C. Section 1350, As Adopted Pursuant To Section                906                Of The                Sarbanes-Oxley Act of 2002 |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|   | Exhibit                32.2 Certification                Pursuant To 18 U. S. C. Section 1350, As Adopted Pursuant To Section                906                Of The                Sarbanes-Oxley Act of 2002 |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

| b)       | One                report on Form 8-K was filed with the Commission during the small                business                issuer’s third quarter of Fiscal Year 2006. |
|-----------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----