**UNITED      STATES **

**SECURITIES      AND EXCHANGE COMMISSION **

**Washington      D.C. 20549 **

**FORM      10-KSB **

**QUADTECH      INTERNATIONAL, INC.**

**(Formerly:      **

|  **Nevada**                                                                                   |  **52-2079421**                                   |
|----------------------------------------------------------------------------------------------------|--------------------------------------------------------|
|  (State                or other jurisdiction of                Incorporation or Organization) |  (IRS                Employer Identification No.) |
|                                                                                               |                                                   |

**[X]**

----

|                               |                                                                                                                                                |           |
|------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------|----------------|
| TABLE                  OF CONTENTS |                                                                                                                                                |           |
|                               |                                                                                                                                                |           |
|                               |                                                                                                                                                |           |
|                               | PART                  I                                                                                                                             |           |
|                               |                                                                                                                                                |           |
| ITEM                  1.           | DESCRIPTION                  OF BUSINESS                                                                                                            |  4        |
|                               |                                                                                                                                                |           |
| ITEM                  2.           | DESCRIPTION                  OF PROPERTY                                                                                                            |  5   |
|                               |                                                                                                                                                |           |
| ITEM                  3.           | LEGAL                  PROCEEDINGS                                                                                                                  |  7        |
|                               |                                                                                                                                                |           |
| ITEM                  4.           | SUBMISSION                  OF MATTERS TO A VOTE OF SECURITY HOLDERS                                                                                |  7        |
|                               |                                                                                                                                                |           |
|                                    |  PART                  II                                                                                                                      |                |
|                               |                                                                                                                                                |           |
| ITEM                  5.           | MARKET                  FOR COMMON EQUITY AND RELATED  STOCKHOLDERS                  MATTERS                                                   |  8        |
|                               |                                                                                                                                                |           |
| ITEM                  6.           | MANAGEMENT'S                  DISCUSSION AND ANALYSIS OR PLAN OF  OPERATION                                                                    |  9        |
|                               |                                                                                                                                                |           |
| ITEM                  7.           | FINANCIAL                  STATEMENTS                                                                                                               |  12       |
|                               |                                                                                                                                                |           |
| ITEM                  8.           | CHANGES                  IN AND DISAGREEMENTS WITH ACCOUNTANTS ON  ACCOUNTING                  AND  FINANCIAL                  DISCLOSURE |  13  |
|                                    |                                                                                                                                                |           |
| ITEM                  8A.          | CONTROLS                  AND PROCEDURES                                                                                                            | 13        |
|                               |                                                                                                                                                |           |
| ITEM                  8B.          | OTHER                  INFORMATION                                                                                                                  |           |
|                                    |  PART                  III                                                                                                                     |           |
| ITEM                  9.           | DIRECTORS,                  EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE                  WITH SECTION 16 (A) OF THE EXCHANGE ACT  | 14        |
|                               |                                                                                                                                                |           |
| ITEM                  10.          | EXECUTIVE                  COMPENSATION                                                                                                             |  15       |
|                               |                                                                                                                                                |           |
| ITEM                  11.          | SECURITIES                    OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED                    STOCKHOLDER MATTERS              | 16             |
|                               |                                                                                                                                                |           |
| ITEM                  12.          | CERTAIN                  RELATIONSHIPS AND RELATED TRANSACTIONS                                                                                     | 16        |
|                               |                                                                                                                                                |           |
| ITEM                  13.          | EXHIBITS                                                                                                                                            | 16   |
|                               |                                                                                                                                                |           |
| ITEM                  14.          | PRINCIPAL                  ACCOUNTANT FEES AND SERVICES                                                                                             | 16             |

----

**PART      I **

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

----

**Item      1. BUSINESS**

**Recent      Developments:**

----

**Competition**

**Employees      and Consultants**

**Item      2. **
**DESCRIPTION      OF PROPERTY**

**Risk      Factors**

**Risk      Factors Relating to Our Business:**

**We      are a development stage company with a limited operating history.**

| ·   | Our                ability to generate sufficient cash flow or raise the necessary capital                to                operate for the next twelve months or there                after; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Advertising                and marketing costs that may exceed our current                estimates; |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | Unanticipated                development expenses; |
|--------------------|----------------------------------------------------|

| ·   | Our                ability to generate sufficient revenue to offset the substantial                cost of                operating our business. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------|

**We      require **
**additional      financing.**

----

**Risk      Factors Relating to Our Common Stock:**

**If      we fail to remain current on our reporting requirements, we could be removed      from the OTC Bulletin Board which would limit the ability of broker-dealers      to      sell our securities and the ability of stockholder to sell their securities      in      the secondary market. **

**The      Public Market for Our Common Stock is Volatile and Limited.**

**Because      we are subject to the “penny stock” rules, you may have difficulty in selling      our common stock.**

| •   | Control                of the market for the security by one or a few broker-dealers that                are                often related to the promoter or                issuer; |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| •   | Manipulation                of prices through prearranged matching of purchases and sales and                false                and misleading press releases; |
|---------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| •   | “Boiler                room” practices involving high pressure sales tactics and unrealistic                price projections by inexperienced sales                persons; |
|---------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| •   | Excessive                and undisclosed bid-ask differentials and markups by selling                broker-dealers; and |
|---------------------|--------------------------------------------------------------------------------------------------------------------------|

| •   | The                wholesale dumping of the same securities by promoters and broker-dealers                after prices have been manipulated to a desired level, along with                the                inevitable collapse of those prices with consequent investor                losses. |
|---------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Item      3. **
**LEGAL      PROCEEDINGS**

**Item      4. **
**SUBMISSION      OF MATTERS TO A VOTE OF SECURITY HOLDERS**

----

**PART      II**

  

**Item      5. **
**MARKET      FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS**

| **Quarter                ended** |     |
|----------------------------------|----------|
|                             | **HIGH** | **LOW** |
| 10/31/2004                       | $2.3     | $0.55 |
| 1/31/2005                        | $10.7    | $0.90 |
| 7/31/2005                        | $1.00    | $0.25 |
| 10/31/2005                       | $0.60    | $0.20 |
| 1/31/2006                        | $1.00    | $0.12 |
| 4/30/2006                        | $1.05    | $0.17 |
| 7/31/2006                        | $1.35    | $0.12 |
| 10/31/2006                       | $0.358   | $0.036 |
| 1/31/2007                        | $0.10    | $0.041 |

**Holders**

**Dividends**

**Recent      Sales of Unregistered Securities**

----

**Item      6. **
**MANAGEMENT'S      DISCUSSION AND ANALYSIS OF OPERATIONS**

**Results      of Operations**

**Year      Ended October 31, 2006 Compared To Year Ended October 31, 2005**

**Expenses**

----

|                                                                                                                                         |   |   | **10-May-02****to                    31 Oct**  |   |
|----------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-----------------------------------------------------|--------|
| REVENUES                                                                                                                                |   | $      | 8,758                                               |   |
|                                                                                                                                         |   |   |                                                |   |
| EXPENSES                                                                                                                                     |   |   |                                                |   |
| Professional                    and consulting                                                                                          |   |   | 3,833,182                                           |   |
| Administrative                                                                                                                          |   |   | 130,649                                             |   |
| Depreciation                                                                                                                            |   |   | 19,253                                              |   |
| *                       * |   |   | 3,983,083                                           |   |
| NET                    LOSS FROM OPERATIONS                                                                                             |   |   | 3,902,327                                           |   |
| OTHER                                                                                                                                        |   |   |                                                |   |
| Interest                                                                                                                                |   |   | (5,988                                              | )      |
| Loss                    in Investment - unrealized                                                                                      |   |   | (9,580                                              | )      |
| NET                    LOSS                                                                                                                  |   |   | (3,917,897                                          | )      |
**General          and Administrative Expenses**

| Accounting                  & Auditing |   | $ | 20,175 |   |
|--------------------------------------------|--------|---|--------|--------|
| Bank                  Charges              |   | $ | 292    |   |
| Legal                  Fees                |   | $ | 20,000 |   |
| Office                  Supplies           |   | $ | 81     |   |
| Public                  Co Expenses        |   | $ | 7,055  |   |
|                                       |   | $ | 47,603 |   |

**Other      Income and Expenses **

**Subsequent      Events**

**Liquidity      and Capital Resources**

**Critical      Accounting Policies and Estimates**

----

**Recently      Issued Accounting Pronouncements **

**Significant      Accounting Policies **

**General      **

----

**Revenue      Recognition **

**Foreign      Currency Translation **

**Item      7**
**.      FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA**

| Report                  of Independent Registered Public Accounting Firm | F-1    |
|--------------------------------------------------------------------------|--------|
|                                                                     |   |
| Consolidated                  Balance Sheet                              | F-2    |
|                                                                     |   |
| Consolidated                  Statement of Operations                    | F-3    |
|                                                                     |   |
| Consolidated                  Statement of Cash Flows                    | F-4    |
|                                                                     |   |
| Statement                  of Changes in Stockholders’ Equity      | F-5    |
|                                                                     |   |
| Notes                  to Consolidated Financial Statements              | F-6    |

----

Madsen        & Associates, CPA’s Inc.

**REPORT        ON REVIEW BY INDEPENDENT**

**CERTIFIED        PUBLIC ACCOUTANT**

----

| **QUADTECH                  INTERNATIONAL INC. AND SUBSIDIARY**                    |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
|------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|----------------------------------|--------|--------|----------------------------------|--------|
| (                  Formerely MEIER WORLDWIDE INTERMEDIA INC. AND SUBSIDIARY)       |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| (                  DEVELOPMENT STAGE COMPANY)                                      |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| UNAUDITED                                                                          |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| **CONSOLIDATED                  BALANCE SHEET**                                    |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| as                  at:                                                            |   |   |   |   |   |   |   |   | **31                  Oct 2006** |   |   | **31                  Oct 2005** |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| **ASSETS**                                                                         |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| **CURRENT                  ASSETS**                                                |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| Cash                                                                               |   |   |   |   |   |   |   | $      | 30                               |   | $      | 154                              |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| Total                  Current Assets                                              |   |   |   |   |   |   |   | $      | 30                               |   | $      | 154                              |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| EQUIPMENT                                                                          |   |   |   |   |   |   |   | $      | 0                                |   | $      | 4,660                            |   |
| -                  net of accumulated depreciation                                 |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| OTHER                  ASSETS                                                      |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| Available-for-sale                  securities                                     |   |   |   |   |   |   |   | $      | 420                              |   | $      | 1,770                            |   |
|                                                                               |   |   |   |   |   |   |   | **$**  | **450**                          |   | **$**  | **6,584**                        |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| **LIABILITIES                  AND STOCKHOLDERS' DEFICIENCY**                      |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| **CURRENT                  LIABILITIES**                                           |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| Note                  payable                                                      |   |   |   |   |   |   |   | $      | 32,431                           |   | $      | 32,431                           |   |
| Accrued                  interest payable                                          |   |   |   |   |   |   |   | $      | 13,846                           |   | $      | 10,754                           |   |
| Accounts                  payable                                                  |   |   |   |   |   |   |   | $      | 82,408                           |   | $      | 133,717                          |   |
| Accrued                  rent payable                                              |   |   |   |   |   |   |   | $      | 41,435                           |   | $      | 41,435                           |   |
| Accounts                  payable - related parties                                |   |   |   |   |   |   |   | $      | 68,822                           |   | $      | 164,963                          |   |
| Total                  Current Liabilities                                         |   |   |   |   |   |   |   | $      | 238,942                          |   | $      | 383,300                          |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| STOCKHOLDERS'                  DEFICIENCY                                          |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| Common                  stock                                                      |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
| 200,000,000                  shares authorized, at $0.001 par value;               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
|                   28,929,565shares                issued and outstanding |   |   |   |   |   |   |   | $      | 28,929                           |        | $      | 1,368                            |   |
| Capital                  in excess of par value                                    |   |   |   |   |   |   |   | $      | 3,650,475                        |   | $      | 1,142,526                        |   |
| Deficit                  accumulated during development stage                      |   |   |   |   |   |   |   | $      | (3,917,896                       | )      | $      | (1,520,610                       | )      |
| Total                  Stockholders' Deficiency                                    |   |   |   |   |   |   |   | $      | (238,492                         | )      | $      | (376,716                         | )      |
|                                                                               |   |   |   |   |   |   |   | **$**  | **450**                          |   | **$**  | **6,584**                        |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |
|                                                                               |   |   |   |   |   |   |   |   |                             |   |   |                             |   |

----

|   **QUADTECH                  INTERNATIONAL INC. AND SUBSIDIARY**                                  |   |        |   |   |   |                                    |   |   |                                       |   |   |
|--------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|-----------------------------------------|--------|--------|--------------------------------------------|--------|--------|
| (                    Formerely MEIER WORLDWIDE INTERMEDIA INC. AND SUBSIDIARY)                               |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| (DEVELOPMENT                    STAGE COMPANY)                                                               |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
|                                                                                                         |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| **CONSOLIDATED                    STATEMENTS OF OPERATIONS**                                                 |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| **FOR                    THE TWELVE MONTHS October 31, 2006 AND 2005 AND THE                    PERIOD**     |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| **MAY                    10, 2002 (DATE OF INCEPTION OF SUBSIDIARY) TO October 31,                    2006** |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| **UNAUDITED**                                                                                                |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
|                                                                                                         |   |   |        |   |   |                                    |   |   | **Twelve                    Months**  |   |   | **10-May-02** |   |
|                                                                                                         |   |   |   |   |   |                                    |   |   | **31                    Oct**         |   |   | **31                    Oct** |   |   | **to                    31 Oct** |   |
|                                                                                                         |   |   |   |   |   |                                    |   |   | **2006**                                   |   |   | **2005** |   |   | **2006** |   |
|                                                                                                         |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| REVENUES                                                                                                     |   |   |   |   |   |                                    |   | *$*    | *-*                                        |   | $      | - |   | *$* | *80,756* |   |
|                                                                                                         |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| EXPENSES                                                                                                     |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| Professional                    and consulting                                                               |   |   |   |   |   |                                    |   | $      | 2,340,181                                  |   | $      | 321,300 |   | *$* | *3,832,782* |   |
| Administrative                                                                                               |   |   |   |   |   |                                    |   | $      | 48,004                                     |   | $      | 26,959 |   | *$* | *131,049* |   |
| Depreciation                                                                                                 |   |   |   |   |   |                                    |   | $      | 4,660                                      |   | $      | 6,111 |   | *$* | *19,253* |   |
|                                                                                                         |   |   |   |   |   |                                    |   | $      | 2,392,845                                  |   | $      | 354,370 |   | $ | 3,983,083 |   |
| NET                    LOSS FROM OPERATIONS                                                                  |   |   |   |   |   |                                    |   | $      | 2,392,845                                  |   | $      | 354,370 |   | $ | 3,902,327 |   |
| OTHER                                                                                                        |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| Interest                                                                                                     |   |   |   |   |   |                                    |   | $      | (3,092                                     | )      | $      | (1,393 | ) | *$* | *(5,988* | *)* |
| Loss                    in Investment - unrealized                                                           |   |   |   |   |   |                                    |   | $      | (1,350                                     | )      | $      | (8,230 | ) | *$* | *(9,580* | *)* |
|                                                                                                         |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| NET                    LOSS                                                                                  |   |   |   |   |   |                                    |   | $      | (2,397,288                                 | )      | $      | (363,993 | ) | $ | (3,917,897 | ) |
|                                                                                                         |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| **NET                    LOSS PER COMMON SHARE**                                                             |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
|                                                                                                         |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| Basic                    and diluted                                                                         |   |   |   |   |   |                                    |   |   | *(0.16*                                    | *)*    |   | (0.03 | ) |   |   |   |
|                                                                                                         |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |
| AVERAGE                    OUTSTANDING SHARES                                                                |   |   |   |   |   | *(stated                    in 1,000's* | *)*    |   |                                       |   |   |   |   |   |   |   |
| Basic                                                                                                        |   |   |   |   |   |                                    |   |   | *15,149*                                   |   |   | 13,682 |   |   |   |   |
| Diluted                                                                                                      |   |   |   |   |   |                                    |   |   |                                       |   |   | 16,432 |   |   |   |   |
|                                                                                                         |   |   |   |   |   |                                    |   |   |                                       |   |   |   |   |   |   |   |

----

| **QUADTECH                    INTERNATIONAL INC. AND SUBSIDIARY**                                                      |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
|------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|-------------------------------------------|--------|--------|-------------------------------|--------|--------|----------------------------------|--------|
| (                    Formerely MEIER WORLDWIDE INTERMEDIA INC. AND SUBSIDIARY)                                         |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| (DEVELOPMENT                    STAGE COMPANY)                                                                         |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| **CONSOLIDATED                    STATEMENTS OF CASH FLOWS**                                                           |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| **FOR                    THE TWELVE MONTHS ENDED OCT 31, 2006 AND 2005 AND THE                    PERIOD**             |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| **MAY                    10, 2002 (DATE OF INCEPTION OF SUBSIDIARY) TO OCT 31,                    2006**               |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| **UNAUDITED**                                                                                                          |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
|                                                                                                                        |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   | **10-May-02**               |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |  **31                    Oct**  |   |   | **31                    Oct** |   |   | **to                    31 Oct** |   |
|                                                                                                                   |   |   |   |   |   |   |   |   | **2006**                                  |   |   | **2005**                      |   |   | **2006**                         |   |
| **CASH                    FLOWS FROM**                                                                                 |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| **OPERATING                    ACTIVITIES**                                                                            |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Net                    loss                                                                                            |   |   |   |   |   |   |   | $      | (2,397,288                                | )      | $      | (363,993                      | )      | $      | (3,917,898                       | )      |
| Adjustments                    to reconcile net                                                                        |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| loss                    to net cash provided by                                                                        |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| operating                    activities                                                                                |   |   |   |   |   |   |   | $      | -                                         |   | $      | -                             |   |   |                             |   |
| Depreciation                                                                                                           |   |   |   |   |   |   |   | $      | 4,660                                     |   | $      | 6,111                         |   | $      | 19,253                           |   |
| Unrealized                    Loss in Investment                                                                       |   |   |   |   |   |   |   | $      | 1,350                                     |   | $      | 8,230                         |   | $      | 9,580                            |   |
| Stock                    issued for services and                                                                       |   |   |   |   |   |   |   | $      | -                                         |   | $      | -                             |   | $      | -                                |   |
| capital                    expenses                                                                                    |   |   |   |   |   |   |   | $      | 2,340,181                                 |   | $      | 225,000                       |   | $      | 3,585,232                        |   |
| Changes                    in accounts receivables                                                                     |   |   |   |   |   |   |   | $      | -                                         |   | $      | -                             |   | $      | -                                |   |
| Changes                    in accounts payable                                                                         |   |   |   |   |   |   |   | $      | 50,973                                    |   | $      | 124,659                       |   | $      | 232,616                          |   |
| Net                    Cash Provided (Used) in                                                                         |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Operations                                                                                                             |   |   |   |   |   |   |   | $      | (124                                      | )      | $      | 7                             |   | $      | (71,217                          | )      |
|                                                                                                                   |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| **CASH                    FLOWS FROM INVESTING**                                                                       |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| **ACTIVITIES**                                                                                                         |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Purchase                    office equipment                                                                           |   |   |   |   |   |   |   | $      | -                                         |   | $      | -                             |   | $      | (19,253                          | )      |
| Purchase                    available-for-sale                                                                         |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| securities                                                                                                             |   |   |   |   |   |   |   | $      | -                                         |   | $      | -                             |   | $      | (10,000                          | )      |
|  $                    -                                                                                           |   |   |   |   |   |   |   |   |                                      |   | $      | -                             |   | $      | (29,253                          | )      |
|                                                                                                                   |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| **CASH                    FLOWS FROM FINANCING**                                                                       |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| **ACTIVITIES**                                                                                                         |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Proceeds                    from issuance of common                                                                    |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Common                    stock and stock                                                                              |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Subscriptions                    received                                                                              |   |   |   |   |   |   |   | $      | -                                         |   | $      | -                             |   | $      | 100,500                          |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Net                    Increase (Decrease) in Cash                                                                     |   |   |   |   |   |   |   | $      | (124                                      | )      | $      | 7                             |   | $      | 30                               |   |
| Cash                    at Beginning of Period                                                                         |   |   |   |   |   |   |   | $      | 154                                       |   | $      | 147                           |   |   |                             |   |
| Cash                    at End of Period                                                                               |   |   |   |   |   |   |   | $      | 30                                        |   | $      | 154                           |   | $      | 30                               |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| **NON                    CASH FLOWS FROM OPERATIONS**                                                                  |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Issuance                    of 580,000 shares common capital stock for                                                 |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Services                    - founders stock - 2002                                                                    |   |   |   |   |   |   |   |   |                                      |   |   |                          |   | $      | 1,000                            |   |
| Contributions                    to capital - expenses - 2002                                                          |   |   |   |   |   |   |   |   |                                      |   |   |                          |   | $      | 4,800                            |   |
| Issuance                    of 61,774 shares common capital stock -                                                    |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Acquisition                    of Covenant - 2003                                                                      |   |   |   |   |   |   |   | $      | -                                         |   |   |                          |   | $      | (137,456                         | )      |
| Issuance                    of 657,500 shares common capital stock for                                                 |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| Services                    and expenses                                                                               |   |   |   |   |   |   |   |   |                                      |   |   |                          |   | $      | 720,050                          |   |
| Issuance                    of 46,000 shares common capital stock                                                      |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| For                    services - 2004                                                                                 |   |   |   |   |   |   |   |   |                                      |   |   |                          |   | $      | 230,000                          |   |
| Issuance                    of 45,000 shares common capital stock                                                      |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| For                    services - 2005                                                                                 |   |   |   |   |   |   |   | $      | -                                         |   |   |                          |   | $      | 225,000                          |   |
| Issuance                    of  7,730,303                     shares                    common capital stock |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
| For                    services - 2006                                                                                 |   |   |   |   |   |   |   |   |                                      |   |   |                          |   | $      | 2,340,181                        |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |
|                                                                                                                        |   |   |   |   |   |   |   |   |                                      |   |   |                          |   |   |                             |   |

----

| **QUADTECH                    INTERNATIONAL INC. AND SUBSIDIARY**                                               |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
|-----------------------------------------------------------------------------------------------------------------|--------|--------|---------------------------------------------|--------|--------|--------------------|------------------------------|--------|--------|-------------------------------------|-------------|--------|--------|------------|--------|
| (                    Formerely MEIER WORLDWIDE INTERMEDIA INC. AND SUBSIDIARY)                                  |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| (DEVELOPMENT                    STAGE COMPANY)                                                                  |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| **STATEMENT                    OF CHANGES IN STOCKHOLDERS' EQUITY**                                             |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| **PERIOD                    MAY 10, 2002 (DATE OF INCEPTION OF SUBSIDIARY) TO Oct 30,                    2006** |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| **UNAUDITED**                                                                                                   |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
|                                                                                                                 |   |   |                                        |   |   |               |                         |   |   | CAPITAL                    IN  |        |   |   |       |   |
|                                                                                                            |   |   | COMMON                    STOCK   |   |   |               | EXCESS                    OF |   |   |                                | ACCUMULATED |   |
|                                                                                                            |   |   | SHARES                                 |   |   | AMOUNT   |                         |   |   | PAR                    VALUE        |        |   |   | DEFICIT    |   |
| BALANCE                    MAY 10, 2002                                                                         |   |   | -                                           |   | $      | -                  |                         |   | $      | -                                   |        |   | $      | -          |   |
| Issuance                    of common stock                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| to                    founders for services                                                                     |   |   | 580,000                                     |   | $      | 580                |                         |   | $      | 420                                 |        |   | $      | -          |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Services                    and office expenses                                                                 |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| contributed                    by shareholder                                                                   |   |   | -                                           |   | $      | -                  |                         |   | $      | 4,800                               |        |   | $      | -          |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Net                    operating loss May 10,                                                                   |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| 2002                    to October 31, 2002                                                                     |   |   | -                                           |   | $      | -                  |                         |   | $      | -                                   |        |   | $      | (4,856     | )      |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Issuance                    of common stock                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| for                    services and office                                                                      |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| expenses                                                                                                        |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| -                    January 2003                                                                               |   |   | 632,550                                     |   |   | 633                |                         |   | $      | 631,917                             |        |   |   |       |   |
| -                    June 2003                                                                                  |   |   | 25,000                                      |   |   | 25                 |                         |   | $      | 87,475                              |        |   |   |       |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Issuance                    of common stock                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| for                    cash                                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| at                    - 2003                                                                                    |   |   | 15,000                                      |   |   | 15                 |                         |   | $      | 37,485                              |        |   |   |       |   |
| at-                    2003                                                                                     |   |   | 6,500                                       |   |   | 6                  |                         |   | $      | 32,494                              |        |   |   |       |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Issuance                    of common stock                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| for                    acquisition of                                                                           |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Covenant                    Corporation                                                                         |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| -                    June 25, 2003                                                                              |   |   | 61,774                                      |   | $      | 62                 |                         |   | $      | (137,518                            | )           |   | $      | -          |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Net                    operating loss for                                                                       |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| the                    year ended October 31, 2003                                                              |   |   | -                                           |   | $      | -                  |                         |   | $      | -                                   |        |   | $      | (757,109   | )      |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Issuance                    of common stock                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| for                    cash                                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| -                    April 2004                                                                                 |   |   | 2,400                                       |   |   | 2                  |                         |   | $      | 11,998                              |        |   |   |       |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Issuance                    of common stock                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| for                    services                                                                                 |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| at                    - April 2004                                                                              |   |   | 46,000                                      |   | $      | 46                 |                         |   | $      | 229,954                             |        |   |   |       |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Net                    operating loss for                                                                       |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| the                    year ended October 31, 2004                                                              |   |   | -                                           |   | $      | -                  |                         |   | $      | -                                   |        |   | $      | (394,652   | )      |
| BALANCE                    OCTOBER 31, 2004                                                                     |   |   | 1,369,224                                   |   |   | 1,369              |                         |   |   | 899,025                             |        |   |   | (1,156,617 | )      |
| Issuance                    of common stock for subscriptions                                                   |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| received                    in 2004 year                                                                        |   |   | 4,000                                       |   | $      | 4                  |                         |   | $      | 18,496                              |        |   |   |       |   |
| Shares                    cancelled re Covent Corp                                                              |   |   | (50,000                                     | )      | $      | (50                | )                            |   | $      | 50                                  |        |   |   |       |   |
| Issuance                    of common stock                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| for                    services                                                                                 |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| at                    - January 2005                                                                            |   |   | 45,000                                      |   | $      | 45                 |                         |   | $      | 224,955                             |        |   |   |       |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Net                    operating loss for                                                                       |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| the                    year ended October 31, 2005                                                              |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   | (363,993   | )      |
| BALANCE                    OCTOBER 31, 2005                                                                     |   |   | 1,368,224                                   |   |   | 1,368              |                         |   |   | 1,142,526                           |        |   |   | (1,520,610 | )      |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Adjustment                    for Reverse Slipt of common stock-                                                |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| 1                    share for 10 - March 30, 2006                                                              |   |   | 38                                          |   |   |               |                         |   |   |                                |        |   |   |       |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Issuance                    of common stock                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| for                    debt                                                                                     |   |   | 19,831,000                                  |   |   | 19,831             |                         |   |   | 175,498                             |        |   |   |       |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| Issuance                    of common stock                                                                     |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| for                    services                                                                                 |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| at                    $.01 - 7 April, 2006                                                                      |   |   | 2,000,000                                   |   |   | 2,000              |                         |   | $      | 18,000                              |        |   |   |       |   |
| at                    $1.26 - 5 May, 2006                                                                       |   |   | 100,000                                     |   |   | 100                |                         |   | $      | 125,900                             |        |   |   |       |   |
| at                    $.60 - 12 June, 2006                                                                      |   |   | 3,030,303                                   |   |   | 3,030              |                         |   | $      | 1,815,151                           |        |   |   |       |   |
| at                    $.24 - 22 June, 2006                                                                      |   |   | 100,000                                     |   |   | 100                |                         |   | $      | 23,900                              |        |   |   |       |   |
| at                    $.35 - 10 August, 2006                                                                    |   |   | 400,000                                     |   |   | 400                |                         |   | $      | 139,600                             |        |   |   |       |   |
| at                    $.10 - 26 August, 2006                                                                    |   |   | 2,000,000                                   |   |   | 2,000              |                         |   | $      | 198,000                             |        |   |   |       |   |
| at                    $.14 - 7 September, 2006                                                                  |   |   | 50,000                                      |   |   | 50                 |                         |   | $      | 6,950                               |        |   |   |       |   |
| at                    $10 - 10 September, 2006                                                                  |   |   | 50,000                                      |   |   | 50                 |                         |   | $      | 4,950                               |        |   |   |       |   |
| Net                    operating loss for                                                                       |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
| the                    year ended Oct 31, 2006                                                                  |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   | (2,397,288 | )      |
| BALANCE                    OCTOBER 31, 2006                                                                     |   |   | 28,929,565                                  |   |   | 28,929             |                         |   |   | 3,650,475                           |        |   |   | (3,917,898 | )      |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |
|                                                                                                            |   |   |                                        |   |   |               |                         |   |   |                                |        |   |   |       |   |

----

**QUADTECH          INTERNATIONAL, INC. AND SUBSIDIARIES **

**(Development          Stage Company)**

**NOTES          TO FINANCIAL STATEMENTS **

**October          31, 2006**

**1.          ORGANIZATION**

**2.          SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

----

**QUADTECH          INTERNATIONAL, INC. AND SUBSIDIARIES **

**(Development          Stage Company)**

**NOTES          TO FINANCIAL STATEMENTS (Continued)**

**October          31, 2006**

**2.          SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)**

----

**QUADTECH          INTERNATIONAL, INC. AND SUBSIDIARIES **

**(Development          Stage Company)**

**NOTES          TO FINANCIAL STATEMENTS (Continued)**

**October          31, 2006**

**2.          SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)**

**3.          NOTE PAYABLE**

----

**QUADTECH          INTERNATIONAL, INC. AND SUBSIDIARIES **

**(Development          Stage Company)**

**NOTES          TO FINANCIAL STATEMENTS (Continued)**

**October          31, 2006**

**4.          RELATED PARTY TRANSACTIONS**

**5.          CAPITAL STOCK **

----

**QUADTECH          INTERNATIONAL, INC. AND SUBSIDIARIES **

**(Development          Stage Company)**

**NOTES          TO FINANCIAL STATEMENTS (Continued)**

**October          31, 2006**

**6.          STOCK BASED COMPENSATION**

**7.          CONTINUING AND CONTINGENT LIABILITIES**

**8.          GOING CONCERN**

----

**Item      8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL      DISCLOSURE**

**Item      8A. **
**CONTROLS      AND PROCEDURES**

*** ***

----

**PART      III**

**Item      9. **
**DIRECTORS      AND EXECUTIVE OFFICERS**

| **Name**                                                                   | **Position**                                                 | **Date                Elected**                                |
|----------------------------------------------------------------------------|--------------------------------------------------------------|----------------------------------------------------------------|
| **Directors:**                                                             |                                                         |                                                           |
| John                Meier                                                  | President,                Chairman of the Board and Director | Joined                March 31, 2006                           |
| Harry                Evans                                                 | Director                                                     | Joined                May 10, 2002                             |
| James                Meier                                                 | Former                President and Chairman of the Board    | Joined                May 10, 2002 and resigned March 31, 2006 |
| **Executive                Officers/****Senior                Management** |                                                         |                                                           |
| J                Roland Vett                                               | Chief                Financial Officer                       | Joined                March 1, 2006                            |

**John      Meier, President & Chief Executive Officer : **

**Harry      Evans Director:**

**Mr.      J. Roland Vetter, Chief Financial Officer: **

----

**Board      Committees **

**COMPLIANCE      WITH SECTION 16(A) OF THE EXCHANGE ACT**

| ·   | Form                3, Roland Vetter, CFO, filed on October 10,                2006 |
|--------------------|-------------------------------------------------------------------------------------|

| ·   | Form                4, John Meier |
|--------------------|-----------------------------------|

**Item      10. **
**Executive      Compensation**

**Summary      Compensation Table **

|                                         |                                 | Annual                            |  Long-term                  |                                                                                  |                                         |                                                     |
|----------------------------------------------|--------------------------------------|-----------------------------------|----------------------------------|---------------------------------------------------------------------------------------|----------------------------------------------|----------------------------------------------------------|
|                                         |                                 | Compensation                      |  Compensation               |                                                                                  |                                         |                                                     |
|                                         |                                 |                              |                             | Awards                                                                                |                    Payouts              |                                                     |
| Name                  and Principal Position | Fiscal                     Year | Salary                    ($,000) | Bonus                    ($,000) | Securities                        Underlying Options/ SARs                        (#) | LTIP                     Payouts($,000) | All                      Other Compensation ($,000) |
|                                         |                                 |                              |                             |                                                                                  |                                         |                                                     |
| John                  Meier (1)              | 2006                                 | 1,818                  (2)        | --                               | --                                                                                    | --                                           | --                                                       |
| President                  & CEO         | 2005                                 | --                                | --                               | --                                                                          | --                                           | --                                                       |
|                                         | 2004                                 | --                                | --                               | --                                                                                    | --                                           | --                                                       |
|                                         |                                 |                              |                             |                                                                                  |                                         |                                                     |
| James                  Meier (3)             | 2006                                 | --                                | --                               | --                                                                                    | --                                           | --                                                       |
| Former                  President            | 2005                                 | --                                | --                               | --                                                                                    | --                                           | --                                                       |
| And                  Chairman                | 2004                                 | --                                | --                               | --                                                                                    |                                         |                                                     |

**Options      Grants in Last Fiscal Year **

**Aggregate      Option Exercises In Last Fiscal Year and Fiscal Year End Option Values**

----

**Item      11. **
**SECURITY      OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT**

* *

| ** **                                                           | **Shares                of**    | ** ** | **Percent                of**    | ** ** |
|----------------------------------------------------------------------|---------------------------------|------------|----------------------------------|------------|
| **Name**                                                             | **Common                Stock** | ** ** | **Ownership                (1)** | ** ** |
| Iloria                Corporation Ltd                                | 9,360,400                       |       | 32.36                            |       |
| John                Meier                                            | 3,150,000                       |       | 10.89                            |       |
| Meier                Entertainment Group Inc. (2)                    | 270,350                         |       | *                                |       |
| J                Roland Vetter                                       | 100,000                         |       | *                                |       |
| Harry                Evans                                           | 25,000                          |       | *                                |       |
| All                officers and directors as a group (3 individuals) | 3,275,000                       |       | 11%                              |       |

**Item      12. **
**CERTAIN      RELATIONSHIPS AND RELATED TRANSACTIONS**

**Item      13. EXHIBITS **

**Item      14. **
**PRINCIPAL      ACCOUNTANT FEES AND SERVICES**

----

**SIGNATURES      **

| QuadTech              International, Inc.              |   |   | QuadTech              International, Inc. |
|--------------------------------------------------------|--------|--------|-------------------------------------------|
|                                                   |   |   |                                      |
|                                                   |   |   |                                      |
| /s/ *John              Meier*                     |   |   | /s/ *J.              Roland Vetter*  |
| John              Meier                                |   |   | Roland              Vetter                |
| *President                and Chief Executive Officer* |   |   | Chief                Financial Officer    |