**U.
      S. SECURITIES AND EXCHANGE COMMISSION**


**WASHINGTON,
      D.C. 20549**




**FORM
      10-QSB**




**x
      QUARTERLY REPORT UNDER
      SECTION 13 OR 15(d) OF THE**


**SECURITIES
      EXCHANGE ACT OF 1934**





For
      the
      quarterly period ended November 30, 2006




Commission
      file number 0
      -
      30276




**CONTINENTAL
      BEVERAGE AND NUTRITION, INC.**


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





**Delaware**
            
            **90-0143954****(State
                or other jurisdiction of**
              **incorporation
                or organization)**
            
            **(IRS
                Employer**
              **Identification
                Number)**








**100
      Quentin Roosevelt Blvd., Suite 403, Garden City, New York,
      11530**


(Address
      of principal executive offices)




**(516)
      228-0800**


(Issuer’s
      Telephone Number)




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 
      o




As
      of
      November 30, 2006, 26,752,423 shares of common stock were
      outstanding.










**CONTINENTAL
      BEVERAGE AND NUTRITION, INC.**


**FORM
      10 -QSB**


**QUARTER
      ENDED NOVEMBER 30, 2006**





**TABLE
      OF CONTENTS**





PAGE**Part
                I - Financial Information**Item
                1
            -
            Financial
                Statements.-
            Balance
                Sheet as of November 30, 2006
            
            3-
            Statements
                of Operations for the three and nine months ended November 30, 2006
                and
                2005.
            
            4-
            Statements
                of Cash Flows for the six months ended November 30, 2006 and
                2005.
            
            5-
            Notes
                to Financial Statements.
            
            6-8Item
                2
            -
            Management’s
                Discussion and Analysis Or Plan of Operation
            
            9**Part
                II - Other Information**Item
                1
            -
            Legal
                Proceedings.
            
            10Item
                2
            -
            Changes
                in Securities and Use of Proceeds.
            
            10Item
                3
            -
            Default
                upon Senior Securities.
            
            10Item
                4
            -
            Submission
                of Matters to a Vote of Security Holders.
            
            11Item
                5
            -
            Other
                Information.
            
            11Item
                6
            -
            Exhibits
                and Reports on Form 8-K.
            
            11**Signatures**
            
            
            
            11




2





**CONTINENTAL
      BEVERAGE AND NUTRITION, INC.**


**BALANCE
      SHEET**


**AS
      OF November 30, 2006**





**ASSETS****Current
                Assets**Due
                from related parties
            
            $
            17,737Cash-Attorney’s
                escrow
            
            
            25,881Due
                from officer
            
            
            52,115Total
                Current Assets
            
            
            95,733Deposits
            
            
            603Total
                Assets
            
            $
            96,336**LIABILITIES
                AND STOCKHOLDERS’ DEFICIT****Current
                Liabilities**Accounts
                payable and accrued expenses
            
            $
            185,288Accrued
                compensation
            
            
            728,770Debentures
                payable
            
            
            46,350Loans
                payable - affiliate
            
            
            86,500Convertible
                note payable
            
            
            400,000Loans
                payable-preferred stockholder
            
            
            246,884Total
                Current Liabilities
            
            
            1,693,792Stockholders’
                DeficitPreferred
                Stock-Series A, par value $.0001Authorized,
                1,000,000 shares, issued andOutstanding
                -0- shares
            
            
            -Common
                Stock, par value $.0001Authorized
                100,000,000 shares, issued andOutstanding
                26,752,423 shares
            
            
            2,675Paid
                in capital
            
            
            1,737,620Retained
                earnings (deficit)
            
            
            (3,337,751
            )Total
                Stockholders’ Deficit
            
            
            (1,597,456
            )Total
                Liabilities and Stockholders’ Deficit
            
            $
            96,336




3





**CONTINENTAL
      BEVERAGE AND NUTRITION, INC.**


**STATEMENTS
      OF OPERATIONS**


**FOR
      THE THREE AND NINE MONTHS ENDED NOVEMBER 30,2006 AND 2005**








Nine
                Months
            
            Three
                Months2006
            
            2005
            
            2006
            
            2005Operating
                expensesSelling,
                general and administrative
            
            $
            27,164
            
            $
            103,432
            
            $
            8,161
            
            $
            32,869Recovery
                of bad debt expense
            
            
            -
            
            
            (11,696
            )
            
            -
            
            
            (11,696
            )Officer’s
                compensation
            
            
            -
            
            
            25,000
            
            
            -
            
            
            -Professional
                services
            
            
            10,150
            
            
            46,495
            
            
            4,250
            
            
            7,350Total
                operating expenses
            
            
            37,314
            
            
            163,231
            
            
            12,411
            
            
            28,523Loss
                before other expenses
            
            
            (37,314
            )
            
            (163,231
            )
            
            (12,411
            )
            
            (28,523
            )Other
                ExpenseInterest
                expense
            
            
            38,665
            
            
            535,084
            
            
            12,884
            
            
            12,891Net
                Loss
            
            $
            (75,979
            )
            $
            (698,315
            )
            $
            (25,245
            )
            $
            (41,413
            )Earnings
                per common share and earningsper
                common share assuming dilutionNet
                (loss) per common share
            
            $
            (.00
            )
            $
            (.03
            )
            $
            (.00
            )
            $
            (.00
            )Weighted
                average common shares
                outstanding
            
            
            25,516,430
            
            
            24,867,936
            
            
            25,752,423
            
            
            25,252,423




4





**CONTINENTAL
      BEVERAGE AND NUTRITION, INC.**


**STATEMENTS
      OF CASH FLOWS**


**FOR
      THE NINE MONTHS ENDED NOVEMBER 30, 2006 AND 2005**





**2006**
            
            **2005****CASH
                FLOW FROM OPERATING ACTIVITIES**Net
                (loss)
            
            $
            (75,979
            )
            $
            (698,315
            )Adjustments
                to reconcile net (loss) to netcash
                flows from operating activitiesAmortization
                of prepaid expenses
            
            
            -
            
            
            28,395Amortization
                of deferred financing costs
            
            
            13,957
            
            
            59,168Interest
                expense-convertible debt beneficialconversion
                feature
            
            
            -
            
            
            500,000Common
                stock issued for financing fees
            
            
            11,000
            
            
            -Changes
                in:Accounts
                and other receivables
            
            
            -
            
            
            33,995Cash-Attorney’s
                escrow
            
            
            -
            
            
            (25,881
            )Accrued
                compensation
            
            
            -
            
            
            25,000Accounts
                payable and accrued expenses
            
            
            21,515
            
            
            (77,597
            )Cash
                flows (used for) operating activities
            
            
            (29,507
            )
            
            (155,235
            )**CASH
                FLOWS FROM INVESTING ACTIVITIES**Due
                from Officer
            
            
            
            
            
            (9,200
            )Due
                from related party
            
            
            29,507
            
            
            (60,065
            )Cash
                flows (used for) investing activities
            
            
            29,507
            
            
            (69,265
            )**CASH
                FLOWS FROM FINANCING ACTIVITIE**Proceeds
                from convertible note payable
            
            
            
            
            
            400,000Deferred
                financing costs
            
            
            
            
            
            (97,500
            )Repayment
                of loans payable -other
            
            
            
            
            
            (113,500
            )Proceeds
                of loans payable -other
            
            
            
            
            
            35,500Cash
                flows provided by financing activities
            
            
            
            
            
            224,500Net
                increase (decrease) in cash
            
            
            -
            
            
            -Cash
                balancesBeginning
                of year
            
            
            -
            
            
            -End
                of year
            
            $
            -
            
            $
            -**SUPPLEMENTAL
                CASH FLOW STATEMENT DISCLOSURES**Non
                cash transactions:2006
            
            
            2005Beneficial
                conversion feature of Convertible debtadded
                to additional paid in capital
            
            
            
            
            $
            500,000Common
                stock issued as additional financing feesto
                extend maturity if convertible debt
            
            $
            5,000





5




**CONTINENTAL
      BEVERAGE AND NUTRITION, INC.**


**NOTES
      TO FINANCIAL STATEMENTS**





The
      following financial information is submitted in response to the requirements
      of
      Form 10-QSB and does not purport to be financial statements prepared in
      accordance with generally accepted accounting principles. Certain information
      and footnote disclosures normally included in financial statements prepared
      in
      accordance with generally accepted accounting principles have been condensed
      or
      omitted, although the Company believes the disclosures that are made are
      adequate to make the information presented not misleading. Further, in the
      opinion of management, the interim financial statements reflect fairly the
      financial position and results of operations for the periods
      indicated.





It
      is
      suggested that these interim financial statements be read in conjunction with
      the financial statements and notes thereto included in the Company’s Form 10KSB
      containing the Company’s audited financial statements as of and for the year
      ended February 28, 2006 filed with the Securities and Exchange
      Commission.





The
      results of operations for the six months ended November 30, 2006 are not
      necessarily indicative of results to be expected for the entire fiscal year
      ending February 28, 2007.





**NOTE
      1 - ORGANIZATION**




Adirondack
      Pure Springs Mt. Water Co., Inc., a New York corporation, ("Adirondack") was
      organized on March 6, 1997 to extract, distribute and bottle natural mountain
      and spring water. On January 5, 2004 Continental Beverage and Nutrition, Inc.
      was formed in Delaware with 101,000,000 shares authorized, 1,000,000 preferred
      shares, par value $.0001 and 100,000,000 common shares par value $.0001. On
      the
      same day, a plan of merger was agreed to between Adirondack's majority
      shareholders and Continental Beverage and Nutrition, Inc. (the "Company") to
      exchange one share of Adirondack's common and preferred shares for equivalent
      shares of the Company with the Company being the surviving company. The business
      focused on still water and the value added water beverage segments of the
      bottled water market.





The
      Company has no significant operations to sustain itself and is currently seeking
      a merger candidate (see note 8).





**NOTE
      2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**




Income
      taxes are computed using the asset and liability method of accounting, whereby
      deferred income taxes are determined based on differences between financial
      reporting and tax bases of assets and liabilities and are measured using the
      enacted tax rates that will be in effect when the differences
      reverse.




Earnings
      per share. Basic earnings per share have been calculated based on the weighted
      average number of shares of common stock outstanding during the period. Diluted
      earnings per share is computed by dividing the net income by the weighted
      average number of common shares outstanding plus potential dilutive
      securities.




Fair
      value financial statements. The Company's carrying amount of financial
      statements which include cash, accounts receivable, bank notes payable, and
      accounts payable approximate fair value.




Estimates
      and assumptions. Preparing financial statements in conformity with generally
      accepted accounting principles requires management to make estimates and
      assumptions that affect the reported amounts of assets, liabilities, revenue
      and
      expenses at the balance sheet date and for the years then ended. Actual results
      could differ from these estimates.





**NOTE
      3 - LOANS PAYABLE**




**Debentures
      Payable**




The
      Company has debentures outstanding of $46,350 which were issued in 2000. The
      notes were for a period of 3 years with interest at 10% per annum, payable
      semiannually. The Company has not paid the interest on these notes and considers
      itself in technical default. No note holder has started an action against the
      Company at this time. The notes and accrued interest are convertible in common
      stock by the note holder at the rate of $.20 of outstanding liabilities for
      one
      share of common stock. Interest expense for the six months ended November 30,
      2006 and 2005 was $5,214. The accrued interest to as of November 30, 2006,
      including additional default interest of 5%, is $46,726, and is included in
      accounts payable and accrued expenses.


6


**CONTINENTAL
      BEVERAGE AND NUTRITION, INC.**


**NOTES
      TO FINANCIAL STATEMENTS**





**NOTE
      3 - LOANS PAYABLE (continued)**





**Loan
      Payable Affiliate**




A
      shareholder of the Company provided working capital to an affiliated company,
      whose president is the president of the Company. Such advances were
      inadvertently deposited by the Company. At November 30, 2006, such advances
      are
      due to the affiliate and are non interest bearing.





**Loan
      Payable - Stockholder**




The
      preferred stockholder is a consultant to the Company and has provided the
      Company working capital advances. The advances bear interest at 5% per annum.
      Interest expense for the nine months ended November 30, 2006 and 2005 was
      $9,258. At November 30, 2006 the Company owed the preferred shareholder
      $246,884, plus accrued interest of $41,292, which is included in accounts
      payable and accrued expenses.





**Convertible
      Note Payable**




On
      April
      22, 2005, Cornell Capital Partners, L.P.("CCP") loaned the Company $400,000
      pursuant to which the Company issued to CCP its 8% Senior Secured Convertible
      Promissory Note ("Note"). The principal amount of the Note is $400,000 which
      bears interest at 8% per annum matured on April 1, 2006. In May, 2006, the
      Company and CCP verbally agreed to extend the maturity date to the completion
      of
      the merger. In consideration for each extension, the Company has issued 250,000,
      250,000 and 1,000,000 shares of restricted common stock. The Note is secured
      by
      a general first priority lien on all assets of the Company. The Note is
      convertible into common stock of the Company at a conversion rate of $.01 per
      share, which rate is decreased to $.001 per share if the Company has not entered
      into a definitive merger agreement by October 1, 2005. The note has been amended
      as to the conversion ratio. The conversion ratio of $.01 per share has been
      extended to January 1, 2006 and after that date the price shall be reduced
      to
      $.005 per share.




In
      addition, the Note requires that the loan payable and accrued interest payable
      to the preferred stockholder, accrued compensation, and loan payable affiliate
      be converted into shares of the Company's common stock upon the occurrence
      of
      certain events defined in the note agreement.




**NOTE
      4 - INCOME TAXES**




There
      is
      no provision for federal or state income taxes for the nine months ended
      November 30, 2006 and 2005 since the Company has incurred operating losses.
      Additionally, the Company has reserved fully for any potential future tax
      benefits resulting from its carry forward operating losses. Deferred tax assets
      at November 30, 2006 and 2005 consist of the following:




The
      components of deferred taxes are as follows:





2006
            
            2005Deferred
                tax assetsDeferred
                compensation
            
            $
            291,500
            
            $
            291,500Net
                operating loss carryover
            
            
            1,010,000
            
            
            798,700Valuation
                allowance
            
            
            (1,301,500
            )
            
            (1,090,200
            )Total
                deferred tax assets
            
            $
            —
            
            $
            —




The
      Company has net operating loss carryovers of approximately $2,500,000 to offset
      future taxable income. The carryover losses expire through 2026. The Company
      has
      offset the deferred tax asset by a valuation allowance of $1,301,500 since
      it
      cannot be determined more likely than not whether the Company will be able
      to
      utilize such deferred tax assets.


7


**CONTINENTAL
      BEVERAGE AND NUTRITION, INC.**


**NOTES
      TO FINANCIAL STATEMENTS**





**NOTE
      5 - CAPITAL STOCK TRANSACTIONS**





On
      May
      24, August 31, and November 30 2006 the Company issued a total of 1,500,000
      shares of restricted common stock to Cornell Capital Partners, L.P., as
      consideration for extending the maturity date of the Note to the consummation
      of
      a merger or acquisition. The consideration has been valued at $11,000, the
      fair
      market value of the stock on the dates of issue.





Pursuant
      to the terms of the Convertible Note (see Note 3), in April 2005, 20,000 shares
      of preferred stock were converted into 2,002,230 restricted shares of the
      Company's common stock.





**Incentive
      Stock Options**




The
      Company adopted a stock incentive plan on July 1, 1998. The Plan enables the
      Company to grant incentive stock options, nonqualified options and stock
      appreciation rights for up to 1.5 million shares of common stock. All options
      must conform to federal income tax regulations and have an exercise price of
      not
      less than the fair value of shares at the date of the grant (110% of fair value
      for ten percent or more shareholders). Fair value is determined on the option
      issue date using the market value of the stock on an established exchange or
      the
      Black-Scholes model if the stock is not listed on an exchange at the time
      options are issued. Options are issued by a committee established by the board
      of directors based on eligibility and must be exercised within terms specified
      on the grant date.





**NOTE
      6 - COMMITMENTS**





**Leases**




The
      Company entered into a month-to-month agreement for approximately 500 square
      feet of office space at 100 Quentin Roosevelt Blvd. Suite 403, Garden City,
      NY
      11530 for approximately $1,000 per month. The Company is being reimbursed by
      a
      related party which is sharing the premises. The month to month agreement is
      with an affiliate that has a three year lease with the building owner which
      expires on October 31, 2007. For the six months ended November 30, 2006 and
      2005, rent expense amounted to $-0- and $11,112, respectively.





**Employment
      Contract**




The
      Company has entered into a verbal employment agreement with its president and
      chief executive officer at an annual salary of $100,000 for an initial term
      of
      five years ending December 31, 2003. The agreement is renewable annually
      thereafter, at the same terms. At August 31, 2006, the accrued compensation
      is
      $728,770. The Company has not accrued interest on this amount. During the second
      quarter of fiscal 2006, the officer waived his rights for additional
      compensation .





**NOTE
      7 - RELATED PARTY TRANSACTIONS**





The
      Company had a consulting agreement with Ad-Mini-Stra Co., which expired in
      July
      2005, where the father of the chief executive officer and financial officer
      of
      the Company is the sole shareholder of Ad-Mini-Stra Co. The expense was prepaid
      and amortized over the term of the agreement. Consulting expense for the nine
      months ended November 30, 2006 and 2005 was $ 0 and $10,000,
      respectively.





The
      Company does not have its own bank account and all transactions are passed
      through an affiliated corporation 100% owned by the CEO and chairman of the
      board. At November 30, 2006, the balance owed to the affiliated company amounted
      to $162.





The
      Company has made working capital advances of $17,575 to an affiliated entity
      owned by the president of the Company. The advances are non interest bearing
      and
      have no term for repayment.





The
      Company has made advances of $52,115 to David Sackler, chief executive officer
      and financial officer of the Company. The advances are non interest bearing
      and
      have no term for repayment.




8


**CONTINENTAL
      BEVERAGE AND NUTRITION, INC.**


**NOTES
      TO FINANCIAL STATEMENTS**


**NOTE
      8 - GOING CONCERN**





As
      of
      November 30, 2006, the Company had a working capital deficit of $1,596,853
      and a
      stockholders' deficit of $1,597,456. In addition, the Company has no significant
      operations to sustain itself. The above facts and circumstances raise
      substantial doubt about the Company's ability to continue as a going
      concern.





The
      Company raised $400,000 during the period ended February 28, 2006 through the
      issuance of a convertible note. The Company is currently exploring opportunities
      to acquire a new business or find a merger candidate. The Company has hired
      Sloan Securities Corp to advise on any acquisitions or mergers.





The
      Company has executed and delivered a letter agreement (the "LA"), dated January
      19, 2006, with US Modular, LLC ("USM"). The LA contemplates a business
      combination (the "Merger") between a yet to be formed subsidiary of the Company
      and USM, through either a share exchange or a merger. The consummation of the
      transaction contemplated by the LA is subject, among other things, approval
      of
      the members of USM and the Company completing a financing (the "Financing")
      with
      gross proceeds of $10 million. The Company and USM have agreed that Sloan
      Securities is their exclusive investment banker with respect to the Financing.
      After the transactions contemplated by the LA, the present shareholders of
      the
      Company would own approximately 5% of the combined entity, investors in the
      Financing would own 32% of the combined entity and present members of USM would
      own approximately 63% of the combined entity.





**ITEM
      6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
      OF
      OPERATIONS**





**Forward
      Looking Statements**





When
      used
      in this Form 10KSB and in future filings with the Securities and Exchange
      Commission, the words or phrases "will likely result," "management expects,"
      or
      we expect," "will continue," is anticipated," "estimated," or we expect","
      "will
      continue," "is anticipated," "estimated," or similar expression or use of the
      future tense, are intended to identify forward looking statements within the
      meaning of the Private Securities Litigation Reform Act of 1995. Readers are
      cautioned not to place undue reliance on any such forward-looking statements,
      each of which speaks only as of the date made. These statements are subject
      to
      risks and uncertainties, some of which are described below and others are
      described in other parts of this Form 10KSB. Actual results may differ
      materially from historical earnings and those presently anticipated or
      projected. We have no obligation to publicly release the result of any revisions
      that may be made to any forward-looking statements to reflect anticipated events
      or circumstances occurring after the date of such statements.





**Results
      of Operations**


**Comparison
      of fiscal 2006 and 2005**





The
      Company had no sales during the nine months ended November 30, 2006 and 2005.
      The Company was unable to generate any new sales, and due to the lack of working
      capital the Company is unable to produce products for sale. The loss for the
      nine months ended November 30, 2006 was $75,979 compared to $698,315 for the
      nine months ended November 30, 2005, a decrease of $622,336. Officer’s
      compensation for the nine months ended August 31, 2006 decreased by $25,000
      as
      David Sackler, CEO of the Company waived his compensation during the six months
      ended August 31, 2006. Professional services, including consulting and legal
      expenses decreased by $36,345. Selling general and administrative expense
      decreased by $76,268, the decrease resulting from an elimination of all expenses
      except for the cost necessary to file its quarterly reports and amortization
      of
      the remaining deferred financing costs.


9





Interest
      expense for the nine months ended November 30, 2006 was $25,871, a decrease
      of
      $496,419. Included in the nine months ended November 30, 2005 was interest
      expense of $500,000 due the preferential conversion feature included in the
      debt
      of $400,000 taken on by the Company..





**Liquidity
      and Capital Resources**





As
      of
      November 30, 2006, the current liabilities exceeded the current assets by
      $1,596,483. The Company has primarily relied on the proceeds from working
      capital loans from third parties, affiliates, and shareholders to fund
      operations and the issuance of common stock in payment of certain consulting
      and
      professional services.





The
      Company raised $400,000 in fiscal 2006, through the issuance of a convertible
      note. The Company is currently exploring opportunities to acquire a new business
      or find a merger partner. The Company hired Sloan Securities Corp to advise
      on
      any acquisition or merger.





The
      Company has executed and delivered a letter agreement (the "LA"), dated January
      19, 2006, with US Modular, LLC ("USM"). The LA contemplates a business
      combination (the "Merger") between a yet to be formed subsidiary of the Company
      and USM, through either a share exchange or a merger. The consummation of the
      transaction contemplated by the LA is subject, among other things, approval
      of
      the members of USM and the Company completing a financing (the "Financing")
      with
      gross proceeds of $10 million. The Company and USM have agreed that Sloan
      Securities is their exclusive investment banker with respect to the Financing.
      After the transactions contemplated by the LA, the present shareholders of
      the
      Company would own approximately 5% of the combined entity, investors in the
      Financing would own 32% of the combined entity and present members of USM would
      own approximately 63% of the combined entity.





**Off
      Balance Sheet Arrangements**





The
      Company does not have any off balance sheet arrangements that are reasonably
      likely to have a current or future effect on its financial condition, revenues,
      results of operations, liquidity or capital expenditures.





**Controls
      and Procedures**





**ITEM
      3. CONTROLS AND PROCEDURES.**





The
      Company's Chief Executive Officer and Chief Financial Officer (or those persons
      performing similar functions), after evaluating the effectiveness of the
      Company's disclosure controls and procedures (as defined in Rules 13a-14(c)
      and
      15d-14(c) under the Securities Exchange Act of 1934, as amended) as of a date
      within 90 days before the filing date of this quarterly report (the "Evaluation
      Date"), have concluded that, as of the Evaluation Date, the Company's disclosure
      controls and procedures were effective to ensure the timely collection,
      evaluation and disclosure of information relating to the Company that would
      potentially be subject to disclosure under the Securities Exchange Act of 1934,
      as amended, and the rules and regulations promulgated there under. There were
      no
      significant changes in the Company's internal controls or in other factors
      that
      could significantly affect the internal controls subsequent to the Evaluation
      Date.





**Part
      II - Other Information**





**Item
      1 - Legal Proceedings**




None




**Item
      2 - Changes in Securities and Use of Proceeds**




None





**Item
      3 -**  **Defaults
      upon Senior Securities**




None.


10





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




None





**Item
      5 - Other Information.**




None





**Item
      6 - Exhibits and Reports on Form 8-K**




a)
      Exhibits - Exhibit 31.1 &, 32.1 - Certification of Chief Executive Officer
      and Chief Financial Officer





b)
      Reports on Form 8-K


8-K
      dated
      January 19, 2006




**SIGNATURES**





Pursuant
      to the requirements of the Section 13 or 15(d) of the Securities Exchange Act
      of
      1934, the Registrant has duly caused this report to be signed on its behalf
      by
      the undersigned, thereunto duly authorized, in the City of New York, State
      of
      New York on January 15, 2007


Continental
        Beverage and Nutrition, Inc.,


By:
              /s/ David SacklerDavid
                Sackler
              Chief
                Executive Officer and Financial Officer







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