U.S. SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10-QSB

                                   (Mark One)

[  x  ]  QUARTERLY  REPORT  PURSUANT  TO  SECTION  13 OR 15(D) OF THE SECURITIES

EXCHANGE  ACT  OF  1934

For  the  quarterly  period  ended:

September  30,  2005

[    ]  TRANSITION  REPORT  PURSUANT  TO  SECTION 13 OR 15 (D) OF THE SECURITIES

EXCHANGE  ACT  OF  1934

                         For the transition period from

                                       to

                         Commission file number 0-17232

                           NETMEASURE TECHNOLOGY INC.

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


                                                           NEVADA     86-0914695
                               (State or other jurisdiction of     (IRS Employer

                          incorporation or organization)     Identification No.)


                 Buk-ri 35, Nama-Myun, Yongin City, South Korea


                    (Address of principal executive offices)

                                 82-31-329-8700

                           (Issuer's telephone number)

                                 118 Howe Street

                             Victoria, B.C.  V8V 4K4

    (Former name, former address and former fiscal year, if changed since last
                                     report)

Check  whether  the issuer (1) filed all reports required to be filed by Section
13  or  15(d) of the Exchange Act during the past 12 months (or for such shorter
period  that the registrant was required to file such reports), and (2) has been
subject  to  such  filing  requirements  for  the  past  90  days.

Yes   X
      -

No

State the number of shares outstanding of each of the issuer's classes of common
equity,  as  of  the  last  practicable  date:

28,617,485  shares  of  common  stock, $0.001 par value, as of November 10, 2005

Transitional  Small  Business  Disclosure  Format  (check  one):

Yes

 No   X
      -

                          PART I FINANCIAL INFORMATION

ITEM  1.  FINANCIAL  STATEMENTS

The  accompanying unaudited condensed financial statements have been prepared in
accordance  with  generally accepted accounting principles for interim financial
information  and  with  the  instructions  for  Form  10-QSB  and  Rule 10-01 of
Regulation  S-X.  Accordingly,  they  do  not include all of the information and
footnotes  required  by  generally  accepted  accounting principles for complete
financial  statements.  In the opinion of management, all adjustments considered
necessary  for a fair presentation have been included.  All such adjustments are
of  a  normal  recurring  nature.  Operating results for the three month periods
ended  September 30, 2005 and 2004 are not necessarily indicative of the results
that  may  be  expected  for  the  year  ending  December 31, 2005.  For further
information  refer to the financial statements and footnotes thereto included in
the  Company's  Annual  Financial Statements filed on Form 10-KSB filed with the
Securities  and  Exchange  Commission.


<PAGE>

                           NETMEASURE TECHNOLOGY INC.
                          INTERIM FINANCIAL STATEMENTS
                    PERIODS ENDED SEPTEMBER 30, 2005 AND 2004
                                    CONTENTS
Balance  Sheet                                                           1
Interim  Statement  of  Operations                                     2-3
Interim  Statement  of  Changes  in  Stockholders'  Deficit              4
Interim  Statement  of  Cash  Flows                                      5
Notes  to  Interim  Financial  Statements                              6-9

<PAGE>

NETMEASURE  TECHNOLOGY  INC.
Interim  Balance  Sheet
September  30,  2005  and  2004

                                                  2005          2004
ASSETS
CURRENT
Cash. . . . . . . . . . . . . . . . . . .  $     1,310   $       817
                                           -----------   ------------
LIABILITIES
CURRENT
Accounts payable and accrued liabilities.  $    54,228   $   198,827
ADVANCES FROM SHAREHOLDER (note 2). . . .      257,042        30,077
CONVERTIBLE PROMISSORY NOTES (note 3) . .       16,200        23,700
                                           -----------   ------------

                                               327,470       252,604
                                           -----------   ------------

STOCKHOLDERS' DEFICIENCY
CAPITAL STOCK (note 4). . . . . . . . . .        5,390         5,334
PAID IN CAPITAL . . . . . . . . . . . . .    2,804,486     2,782,042
ACCUMULATED DEFICIT . . . . . . . . . . .   (3,136,036)   (3,039,163)
                                           -----------   ------------

                                              (326,160)     (251,787)
                                           -----------   ------------

                                           $     1,310   $       817
                                           ===========   ============

(The accompanying notes of the financial statements is an integral part of these
                                   statements)

                                      - 1 -



<PAGE>

NETMEASURE  TECHNOLOGY  INC.
Interim  Statement  of  Operations
Nine  Months  Ended  September  30,  2005  and  2004

                                                        2005         2004
EXPENSES
Consulting . . . . . . . . . . . . . . . . . . .  $   34,500   $   58,500
Professional fees. . . . . . . . . . . . . . . .      12,114       11,059
Office and general . . . . . . . . . . . . . . .       4,446        7,041
Rent . . . . . . . . . . . . . . . . . . . . . .       1,955        5,720
Travel . . . . . . . . . . . . . . . . . . . . .       1,419        6,292
Interest and bank charges. . . . . . . . . . . .       1,279        7,471
                                                  -----------  -----------
NET LOSS . . . . . . . . . . . . . . . . . . . .  $  (55,713)  $  (96,083)
                                                  ===========  ===========

BASIC AND FULLY DILUTED LOSS PER SHARE (note 4).  $    (0.01)       (0.14)
                                                  ===========  ===========

BASIC WEIGHTED AVERAGE NUMBER OF SHARES. . . . .   5,357,201      701,690
                                                  ===========  ===========


(The accompanying notes of the financial statements is an integral part of these
                                   statements)

                                      - 2-


<PAGE>

NETMEASURE  TECHNOLOGY  INC.
Interim  Statement  of  Stockholders'  Deficit
Nine  Months  Ended  September  30,  2005  and  2004

<TABLE>
<CAPTION>



<S>                                         <C>           <C>       <C>           <C>
                                                  Common Share
                                                                    Additional
                                              Number of             Paid in        Accumulated
                                              Shares        Amount  Capital        Deficit

Balance, January 1, 2004 . . . . . . . . .       407,696  $    408  $  2,374,628  $(2,943,080)
Issuance of common stock . . . . . . . . .       137,500       138           138            -
Conversion of convertible promissory notes       202,132       202       140,719            -
Issuance of common stock pursuant to
debt settlement agreements of the
promissory note and accounts payable
 - note 4. . . . . . . . . . . . . . . . .     4,586,723     4,586       266,833            -
Net loss . . . . . . . . . . . . . . . . .             -         -             -      (96,083)
                                               ---------  --------  ------------  ------------
Balance, September 30, 2004. . . . . . . .     5,334,051  $  5,334  $  2,782,318  $(3,039,163)

Balance, January 1, 2005 . . . . . . . . .     5,334,051  $  5,334  $  2,773,859  $(3,080,323)
Issuance of common stock pursuant t
 debt settlement agreements of the
promissory notes - note 4. . . . . . . . .        55,437        56        15,627            -
Contributed consulting service . . . . . .             -         -        15,000            -
Net loss . . . . . . . . . . . . . . . . .             -         -             -      (55,713)
                                               ---------  --------  ------------  ------------

Balance, September 30, 2005. . . . . . . .     5,389,488  $  5,390  $  2,804,486  $(3,136,036)
</TABLE>

(The accompanying notes of the financial statements is an integral part of these
                                   statements)

                                      - 3-


<PAGE>

NETMEASURE  TECHNOLOGY  INC.
Interim  Statement  of  Cash  Flows
Nine  Months  Ended  September  30,  2005  and  2004

<TABLE>
<CAPTION>
<S>                                                             <C>         <C>
                                                                     2005       2004
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . .  $ (55,713)  $(96,083)
Adjustments required to reconcile net loss to net cash used in
 operating activities:
Contributed consulting services. . . . . . . . . . . . . . . .     15,000          -
Net changes in assets and liabilities
Accounts payable and accrued liabilities . . . . . . . . . . .   (182,411)    76,737
                                                                ----------  ---------
                                                                 (223,124)   (19,346)
                                                                ----------  ---------

CASH FLOWS FROM FINANCING ACTIVITIES
Advances from shareholder. . . . . . . . . . . . . . . . . . .    219,965     18,000
                                                                ----------  ---------

NET DECREASE IN CASH . . . . . . . . . . . . . . . . . . . . .     (3,159)    (1,346)
CASH - BEGINNING OF  PERIOD. . . . . . . . . . . . . . . . . .      4,469      2,163
                                                                ----------  ---------

CASH - END OF PERIOD . . . . . . . . . . . . . . . . . . . . .  $   1,310   $    817
                                                                ==========  =========
</TABLE>

(The accompanying notes of the financial statements is an integral part of these
                                   statements)

                                      - 4-


<PAGE>

NETMEASURE  TECHNOLOGY  INC.
Notes  to  Financial  Statements
September  30,  2005  and  2004

1.     SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

The  accounting  policies  of  the Company are in accordance with U.S. generally
accepted  accounting  principles,  and  their basis of application is consistent
with  that of the previous period.  Outlined below are those policies considered
particularly  significant:

a)     Use  of  Estimates

The  preparation  of  financial  statements,  in  conformity with U.S. generally
accepted  accounting  principles,  requires  management  to  make  estimates and
assumptions  that  affect  the  reported  amounts  of assets and liabilities and
disclosure  of  contingent  assets  and liabilities at the date of the financial
statements  and  the  reported  amounts  of  revenues  and  expenses  during the
reporting  period.  Actual  results  could  differ  from  those  estimates.

b)     Fair  Value  of  Financial  Instruments

The  estimated  fair  value  of financial instruments has been determined by the
Company  using  available  market  information  and  valuation  methodologies.
Considerable  judgment  is  required in estimating fair value.  Accordingly, the
estimates  may  not  be indicative of the amounts the Company could realize in a
current  market  exchange.  At September 30, 2005 and 2004, the carrying amounts
of  cash  equivalents,  short-term  bank  deposits,  trade receivables and trade
payables approximate their fair values due to the short-term maturities of these
instruments.

c)     Earnings  per  Common  Share

     The  Company  calculates  net  earnings  per  share  based on SFAS No. 128,
"Earnings  Per  Share".  Basic  earnings  per  share is computed by dividing net
earnings  attributable to the common stockholders by the weighted average number
of  common  shares  outstanding.  Fully  diluted  earnings per share is computed
similar  to basic earnings per share except that the denominator is increased to
include  the number of additional common shares that would have been outstanding
if  the  potential  common  shares  had been issued and if the additional common
shares  were  dilutive.

<PAGE>

NETMEASURE  TECHNOLOGY  INC.
Notes  to  Financial  Statements
September  30,  2005  and  2004

1.     SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  (cont'd)

d)     Impact  of  Recently  Issued  Accounting  Standards

In  December  2004,  the  FASB  issued  SFAS No. 153, "Exchanges of Non-monetary
Assets  -  an amendment of APB Opinion No. 29". This Statement amends Opinion 29
to  eliminate  the  exception  for  non-monetary exchanges of similar productive
assets  and  replaces  it with a general exception for exchanges of non-monetary
assets  that  do  not  have  commercial  substance.  A non-monetary exchange has
commercial  substance  if  the  future  cash flows of the entity are expected to
change  significantly  as a result of the exchange. The adoption of FAS 153 will
not  have  a material impact on the Company's consolidated financial statements.

In  December  2004,  the  FASB  issued  a revision to SFAS No. 123, "Share-Based
Payment"  (Statement  123R).  This Statement requires a public entity to measure
the  cost  of  employee  services  received  in  exchange for an award of equity
instruments  based  on  the  grant-date  fair  value  of the award (with limited
exceptions).  That  cost  will  be  recognized  over the period during which the
employee  is  required  to  provide  service in exchange for the award requisite
service  period (usually the vesting period). No compensation cost is recognized
for  equity instruments for which employees do not render the requisite service.
Employee  share  purchase  plans  will not result in recognition of compensation
cost  if  certain  conditions are met; those conditions are much the same as the
related  conditions  in  Statement  123.  This Statement is effective for public
entities that do not file as a small business issuers as of the beginning of the
first  interim  or annual reporting period that begins after June 15, 2005. This
Statement applies to all awards granted after the required effective date and to
awards  modified,  repurchased,  or  cancelled  after  that date. The cumulative
effect  of  initially  applying  this Statement, if any, is recognized as of the
required  effective  date  and  is not expected to have a material impact on the
Company's  consolidated  financial  statements.

2.     ADVANCES  FROM  SHAREHOLDER

The  advances from the major shareholder are unsecured, non-interest bearing and
have  no  fixed  terms  of  repayment.

<PAGE>

NETMEASURE  TECHNOLOGY  INC.
Notes  to  Financial  Statements
September  30,  2005  and  2004

3.     CONVERTIBLE  PROMISSORY  NOTES  PAYABLE

<TABLE>
<CAPTION>
<S>                                                             <C>      <C>
                                                                   2005     2004
Promissory notes payable March 18, 2004 bearing interest at
10% per annum, unsecured and convertible into shares at $0.10
 per share solely at the Company's discretion any time.  The
note is in default.. . . . . . . . . . . . . . . . . . . . . .  $10,000  $10,000

Promissory notes payable March 31, 2004, bearing interest at
10% per annum, unsecured and convertible into shares at $0.15
per share solely at the Company's discretion any time. . . . .        -    7,500

Promissory notes payable June 18, 2004 bearing interest at
10% per annum, unsecured and convertible into shares at $0.10
per share solely at the Company's discretion any time.  The
 note is in default. . . . . . . . . . . . . . . . . . . . . .    3,200    3,200

Promissory notes payable November 21, 2004 bearing interest
at 10% per annum, unsecured and convertible into shares at
0.10 per share solely at the Company's discretion any time.
The note is in default.. . . . . . . . . . . . . . . . . . . .    3,000    3,000

                                                                $16,200  $23,700
</TABLE>


4.     CAPITAL  STOCK

Authorized
     100,000,000     Common shares at $0.001 par value
                                                              2005     2004
Issued  and  outstanding
     5,389,488     Common shares (2004-5,334,051)       $     5,390  $ 5,334


<PAGE>

NETMEASURE  TECHNOLOGY  INC.
Notes  to  Financial  Statements
September  30,  2005  and  2004

4.     CAPITAL  STOCK  (cont'd)

The  Company  issued  137,500  common shares for $614,250, the proceeds of which
were received in prior years and were included in share subscription at December
31,  2003.

The  Company  issued  202,132  common  shares  pursuant  to  the  conversion  of
convertible  promissory  notes of $104,264 including accrued interest payable of
$36,657.

The  Company  issued  3,386,723  common  shares  pursuant  to  debt  settlement
agreements in respect to $117,023 in promissory notes including accrued interest
payable  of  $52,396.

The  Company  issued  1,200,000  common  shares  pursuant  to  the settlement of
accounts  payable  of  $102,000.

     On  June  8,  2005,  the  Company  issued  55,437  common  shares to settle
convertible  promissory  notes  payable  of  $15,683.

5.     RELATED  PARTY  TRANSACTIONS

During  the period, the Company incurred the following expenses to the directors
of  the  company  as  follows:

Office  and  general                          $     551
Consulting                                       34,500
Rent                                              1,955

                                           $     37,006

These  transactions  were  in  the  normal course of business and recorded at an
exchange  value  established  and  agreed  upon  by the above mentioned parties.

6.     SUBSEQUENT  EVENTS

In  accordance  with  a  Share  Exchange  Agreement,  the Company entered into a
reverse  takeover  transaction  with S-Cam Co. Ltd, a Korean entity, whereby the
Company  agreed  to  acquire  78.8%  of all the outstanding shares of the latter
company,  in  consideration  for  23,305,000 common shares of the Company.  As a
result  of the transaction, the shareholders of S-Cam Co., Ltd. will control 81%
of  Company.  While  the Company is the legal parent, S-Cam Co. Ltd, as a result
of the reverse takeover, became the parent company for accounting purposes.  The
transaction  closed  on  October  4,  2005.

<PAGE>

                           PART II - OTHER INFORMATION

ITEM  1.

LEGAL  PROCEEDINGS

Not  Applicable.

ITEM  2.

CHANGES  IN  SECURITIES

Not  Applicable.

ITEM  3.

DEFAULT  UPON  SENIOR  SECURITIES

Not  Applicable.

ITEM  4.

SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS

Not  Applicable.

ITEM  5.

OTHER  INFORMATION

Not  Applicable.

ITEM  6.

EXHIBITS  AND  REPORTS  ON  FORM  8-K

(a)

Exhibit  Index.  The  following  exhibits  are  filed  with  or  incorporated by
reference  into  this  quarterly  report:

EXHIBIT

10.1   Reorganization and Stock Purchase Agreement between the Company and S-Cam
Co.,  Ltd.  (incorporated  by  reference to Form 8-K filed on October 11, 2005).

31.1

Section  302  Certification  of  Chief  Executive  Officer filed  herewith

32.1

Certification  Pursuant  to  18  U.S.C.  Section  1350  as  adopted  pursuant
filed  herewith to  Section  906  of  the  Sarbanes-Oxley  Act  of  2002.


(b)

Reports  on  Form  8-K.None.

Form 8-K filed on July 27, 2005 reporting entering into Reorganization and Stock
Purchase  Agreement  with  S-Cam  Co.,  Ltd.

Form  8-K  filed  on  October  11,  2005  reporting  closing  of transaction for
acquisition  of  S-Cam  Co.,  Ltd.

                                   SIGNATURES

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

Date:  November  17,  2005

By:  /s/  Bon Kwan Koo

Name:

Bon  Kwan  Koo

Title:  President