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 MARCH 31, 2006

                                       OR

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______________ TO ______________


                         COMMISSION FILE NUMBER: 0-29447


                                   ECASH, INC.
               Exact Name of Company as Specified in Its Charter)

              Delaware                                    52-2171803
 ------------------------------                        ---------------
(State or Other Jurisdiction of                       (I.R.S. Employer
 Incorporation or Organization)                      Identification No.)

        2535 Pilot Knob Road, Suite 118, Mendota Heights, Minnesota 55120
                    (Address of Principal Executive Offices)

                                 (651) 452-1606
                          -----------------------------
                         (Registrant's Telephone Number)

                             Avery Sports Turf, Inc.
                             ----------------------
        (Former Name, Former Address, and Former Fiscal Year, if Changed
                               Since Last Report)

     Indicate  by check  mark  whether  the  Company  (1) has filed all  reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934 during the preceding 12 months (or for such shorter period that the Company
was  required  to file  such  reports),  and (2)  been  subject  to such  filing
requirements for the past 90 days. Yes X No .

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [ X] No [ ]

     As of March 31, 2006,  the Company had  497,605,765  shares of common stock
issued and outstanding.

     Transitional  Small  Business  Disclosure  Format  (check one):

                                Yes____ No_ X_ .



<PAGE>


<TABLE>
<CAPTION>
                                TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION                                                                                  PAGE

<S>                                                                                                               <C>
         ITEM 1.  FINANCIAL STATEMENTS

                  REVIEW REPORT OF INDEPENDENT REGISTERED
                  PUBLIC ACCOUNTING FIRM..........................................................................3

                  BALANCE SHEET AS OF
                  MARCH 31, 2006..................................................................................4

                  STATEMENTS OF OPERATIONS
                  FOR THE THREE MONTHS ENDED
                  MARCH 31, 2005 AND MARCH 31, 2006...............................................................5

                  STATEMENTS OF CASH FLOWS
                  FOR THREE MONTHS ENDED
                  MARCH 31, 2005 AND MARCH 31, 2006...............................................................6

                  NOTES TO FINANCIAL STATEMENTS...................................................................7

         ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS...................................................8

         ITEM 3.  CONTROLS AND PROCEDURES........................................................................14

PART II - OTHER INFORMATION

         ITEM 1.  LEGAL PROCEEDINGS..............................................................................15

         ITEM 2.  UNREGISTERED SALES OF EQUITY
                  SECURITIES AND USE OF PROCEEDS.................................................................15

         ITEM 3.  DEFAULTS UPON SENIOR SECURITIES................................................................16

         ITEM 4.  SUBMISSION OF MATTERS TO A VOTE
                  OF SECURITY HOLDERS............................................................................16

         ITEM 5.  OTHER INFORMATION..............................................................................16

         ITEM 6.  EXHIBITS.......................................................................................16

SIGNATURE........................................................................................................17
</TABLE>


                                       2
<PAGE>

PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCAL STATEMENTS.


                               George Brenner, CPA
                           A Professional Corporation
                       10680 W. PICO BOULEVARD, SUITE 260
                          LOS ANGELES, CALIFORNIA 90064
                         310/202-6445 - Fax 310/202-6494

         REVIEW REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders
of Ecash, Inc.
(formerly known as Avery Sports Turf, Inc.)

I have reviewed the  accompanying  balance sheet of Ecash,  Inc. as of March 31,
2006,  and the related  statements  of  operations  and cash flows for the three
months  ended  March  31,  2006 and 2005.  These  financial  statements  are the
responsibility of the Company's management.

I  conducted  my review in  accordance  with  standards  of the  Public  Company
Accounting  Oversight  Board  (United  States).  A review of  interim  financial
information consists principally of applying analytical  procedures to financial
data and making  inquiries of persons  responsible  for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with auditing  standards  generally accepted in the United States, the objective
of which is the  expression of an opinion  regarding  the  financial  statements
taken as a whole. Accordingly, I do not express such an opinion.

Based on my review, I am not aware of any material  modifications that should be
made to the accompanying  financial statements for them to be in conformity with
accounting principles generally accepted in the United States.

As  discussed  in Note 4, certain  conditions  indicate  that the Company may be
unable to continue as a going concern. The accompanying  financial statements do
not include any adjustments to the financial  statements that might be necessary
should  the  Company  be unable  to  continue  as a going  concern.  However  as
discussed  in Note 5,  the  Company  has  signed a merger  agreement  which,  if
effected, may have asignificant impact on the Company as a going concern.


/s/  George Brenner, CPA
--------------------------
George Brenner, CPA
Los Angeles, California
May 15, 2006

                                       3
<PAGE>


                                   ECASH, INC.
                       (formerly Avery Sports Turf, Inc.)
                                  BALANCE SHEET
                                 MARCH 31, 2006
                                   (Unaudited)

                                     ASSETS

<TABLE>
<CAPTION>

<S>                                                                                   <C>
Current Assets
         Cash                                                                   $             --
         Note receivable                                                                  46,335
                                                                                -----------------
                    Total current assets                                                  46,335

                              Total Assets                                      $         46,335
                                                                                =======-=========


                      LIABILITIES AND SHAREHOLDERS' DEFICIT


Current Liabilities
         Bank overdraft                                                         $          3,010
         Accounts payable and accrued expense                                             35,847
         Accrued consulting - related party                                                6,000
                                                                                -----------------
           Total Current Liabilities                                                      44,857
                                                                                -----------------

                           Total Liabilities                                              44,857
                                                                                -----------------

Shareholders' Deficit
         Common stock, par value $0.001
            authorized 500,000,000 shares,
            issued and outstanding 497,605,765                                          497,605
         Additional paid-in capital                                                   3,754,845
         Less: subscriptions receivable $20,000                                         (20,000)
            Deficit                                                                  (4,230,972)
                                                                                ----------------
           Total Shareholders' Equity                                                     1,478
                                                                                ----------------

                            Total Liabilities and Shareholders' Deficit         $        46,335
                                                                                ================

</TABLE>

                 See accompanying notes to financial statements

                                       4
<PAGE>

                                   ECASH, INC.
                       (formerly Avery Sports Turf, Inc.)
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)


                                               Three Months       Three Months
                                                   Ended               Ended
                                               March 31, 2005    March 31, 2006
                                               -------------      -------------

Net Sales                                      $       3,280      $        --

Cost of Goods Sold                                    54,545               --
                                               -------------      -------------

Gross Profit                                         (51,265)              --
                                               -------------      -------------

Selling, General and  Administrative
   Expenses                                           65,726            127,698

Depreciation                                           7,221                 --

Interest Expense                                      10,731                 20
                                               -------------      -------------

Income (Loss) From Operations                       (134,940)          (127,718)

Gain on debt forgiveness                                  --             89,778

Income Tax                                                --                 --
                                               -------------      -------------

Net Income (Loss)                              $    (134,940)     $     (37,940)
                                               =============      =============
Loss Per Common Share
   Basic and Diluted                           $     (0.0009)     $     (0.0001)
                                               =============      =============

Weighted Average
Number of Common
   Shares Outstanding                            153,777,165        323,460,774
                                               =============      =============



                 See accompanying notes to financial statements

                                       5

<PAGE>

                                   ECASH, INC.
                       (formerly Avery Sports Turf, Inc.)
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)
<TABLE>
<CAPTION>

                                                                  Three Months           Three Months
                                                                    Ended                    Ended
                                                                 March 31, 2005         March 31, 2006
                                                                 ---------------       ---------------
<S>                                                                    <C>                     <C>
Cash Flows From Operating Activities:
         Net income (loss)                                        $     (134,940)       $      (37,940)
         Adjustments to reconcile net loss to
            net cash used in operating activities:
         Depreciation                                                      7,221                    --
Changes in operating assets and liabilities:
                  Inventory                                                1,840                    --
                  Accounts receivable                                        (30)                   --
                  Other current assets                                     2,778                    --
                  Notes payable                                           57,971                    --
                  Accounts payable and accrued expense                    38,013              (105,070)
                  Related party payable                                   20,000                    --

            Net Cash Used In Operating Activities                          7,147              (143,010)
                                                                  ---------------       ---------------

Cash Flows From Investing Activities:

            Net Cash Used In Investing Activities                             --                    --
                                                                  ---------------       ---------------

Cash Flows From Financing Activities:
         Bank overdraft                                                    8,647                 3,010
         Stock for cash                                                       --               140,000
         Mortgage reduction                                               (1,500)                   --

            Net Cash Provided By Financing Activities                     (7,147)              143,010
                                                                  ---------------       ---------------

Net Decrease In Cash                                                          --                    --

Cash at Beginning of Period                                                   --                    --
                                                                  ---------------       ---------------

Cash at End of Period                                             $           --        $           --
                                                                  ===============       ===============

Supplemental Disclosure of
   Cash Flow Information:
            Stock for services                                    $           --        $           --
                                                                  ===============       ===============

    Nonmonetary transactions
           276,877,600 shares@ $0.0025 per share                  $           --        $      692,194
                                                                  ---------------       ---------------

</TABLE>

                 See accompanying notes to financial statements

                                       6
<PAGE>

                                   ECASH, INC.
                       (formerly Avery Sports Turf, Inc.)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 1.  BASIS OF PRESENTATION

The accompanying unaudited financial statements have been prepared in accordance
with generally accepted accounting  principles for interim financial information
and with the  instructions  to Form  10-QSB  and  Item  310 of  Regulation  S-B.
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 the  Company's  management,  all  adjustments  (consisting  of
normal accruals) considered necessary for a fair presentation of these financial
statements have been included.

These financial  statements  should be read in conjunction with the December 31,
2005 audited financial  statements  contained in the Form 10-KSB.  The operating
results for any interim  period are not  necessarily  indicative  of the results
that may be expected for the fiscal year ending December 31, 2006.

NOTE 2.  HISTORY

Ecash, Inc., formerly Avery Sports Turf, Inc., formerly In-Sports International,
Inc., a Delaware corporation  ("Company"),  was created as a result of a reverse
acquisition with Perma Grass Corporation ("Perma"), and is engaged in developing
a  business  of  distributing  and  installing  artificial  grass  surfaces  for
commercial,  athletic,  residential and child care applications (sometimes known
as "artificial turf").

The Company was  incorporated on March 10, 1994 in the State of Delaware as Beta
Acquisition  Corp.  ("Beta")  and on  September 7, 1995 Beta changed its name to
In-Sports  International,  Inc.  In August  2002,  the name was changed to Avery
Sports Turf, Inc. The Company name was changed to Ecash, Inc.

NOTE 3.  REVERSE ACQUISITION

In December 1998, the Company acquired 100% of Perma by issuing 9,000,000 shares
for all of the  shares of  Perma.  This  exchange  has been  accounted  for as a
reverse acquisition,  under the purchase method of accounting,  since the former
shareholder  of Perma owned a majority of the  outstanding  stock of the Company
after the  acquisition.  Accordingly,  the  combination  of the two companies is
recorded as recapitalization of shareholders' equity of Perma, pursuant to which
Perma is  treated  as the  continuing  entity for  accounting  purposes  and the
historical  financial  statements  presented  are  those  of  Perma.   Pro-forma
information  has not been presented  since the  transaction was deemed a capital
stock transaction rather than a business combination.

Perma was "spun off" on January 10, 2001.

                                       7
<PAGE>

NOTE 4.  CONTINUED EXISTENCE

As shown in the accompanying interim financial statements,  as of March 31, 2006
the Company has an accumulated deficit of $4,230,972.  The industry in which the
Company  operated was very dynamic and  extremely  competitive.  As of March 31,
2006,  these factors  raise  substantial  doubt about the  Company's  ability to
continue  as a going  concern.  The  financial  statements  do not  include  any
adjustments  to reflect the possible  future effects on the  recoverability  and
classification  of assets or the amounts and  classification of liabilities that
may result from the outcome of this uncertainty.  The pending agreement and plan
of  reorganization  when approved by the shareholders (see Note: 5 Agreement and
Plan of  Reorganization)  may have a positive  impact on the  Company as a going
concern.

NOTE 5.  AGREEMENT AND PLAN OF REORGANIZATION

On March 6, 2006 the Company signed an agreement and plan of reorganization (the
"Agreement") with Ecash, Inc., a New Jersey  corporation,  whose business is the
operation of automatic  teller machines  ("ATMs") that are owned and operated by
Ecash.  Under the terms of the  Agreement  the  Company  (i)  change its name to
Ecash,  Inc.,(ii)  agreed to  implement a 1 for 400  reverse  stock split of its
presently   issued  and   outstanding   common  stock  upon  approval  from  its
stockholders,  and (iii) agreed to issue  20,000,000  shares of its post-reverse
split  common  stock to the  shareholders  of Ecash in  exchange  for all of the
issued and outstanding shares of Ecash common stock..

NOTE 6. SUBSEQUENT EVENTS

On May 12, 2006 the name change, reverse split of the Company's shares of common
stock was approved by its stockholders. The effective date of the name change is
immediate and the date of the merger  agreement and reverse stock split is on or
about May 22, 2006.


ITEM 2. MANAGEMENT'S  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS.

     The following  discussion and analysis of the Company's financial condition
and results of operations is based upon, and should be read in conjunction with,
its unaudited financial  statements and related notes included elsewhere in this
Form 10-QSB,  which have been prepared in accordance with accounting  principles
generally accepted in the United States.

Overview.


     The  Company  has no  operating  entities.  The  Company was engaged in the
business  of  manufacturing  and  distributing  artificial  grass  surfaces  for
commercial,  athletic,  residential and child care applications (sometimes known
as  "artificial   turf.  On  December  19,  2003,   the  Company   acquired  the
manufacturing  facilities and certain  rights to use patents  applied for by the
former owners of the Georgia facilities

                                       8
<PAGE>

     In December  2003, a patent  application  was filed for a new turf product,
PolylonTurf,  with  the  U.S.  Patent  &  Trademark  Office.  PolylonTurf  is  a
polyethylene  and nylon product sewn through the same common  opening that holds
3-5 lbs of crumb rubber infill  material per square foot.  It provides  improved
retainment  reducing  the amount of infill that  escapes  into the air above the
turf. The rights to the patent  application were assigned by George Avery to the
Company on January 19, 2004 as part of the Perma acquisition discussed above. In
addition,  on May 10,  2004,  Mr.  Avery also  assigned  to the Company a patent
application  for  the  Golf  Mat,  an  artificial  surface  mat  for  use  as  a
practice-playing surface.

     On March 3, 2006 the  Company  entered  into an  agreement  with George and
Jural Avery  (Avery) to assign the patents  pertaining  to the turf  business to
Avery.  Under the terms of this  agreement  the  Company  will  forgo any future
claims to the patents and any future revenue stream the patents may earn.  Avery
will forgive debts owed to them by the Company and indemnify the Company against
any claims  pertaining to the  acquisition  of the building and equipment of the
merger agreement date December 19, 2003. It is anticipated that the Company will
realize a gain on debt  forgiveness  of $75,303 from this  transaction  for debt
forgiveness, including accounts payable settlements, during the quarter totaling
$ 89,778.


     On March 6, 2006 the Company signed an agreement and plan of reorganization
(the "Agreement")a with E-Cash,  Inc., a New Jersey corporation,  whose business
is the  operation  of  automatic  teller  machines  ("ATMs")  that are owned and
operated by E-Cash.  The ATM  machines  are placed in various  retail  locations
including  supermarkets,  convenience  stores,  restaurants,  colleges and other
locations  not generally  serviced by  traditional  and financial  institutions.
Under the terms of the  Agreement  the  Company  (i)  changed its name to Ecash,
Inc.,  (ii) agreed to implement a 1 for 400 reverse stock split of its presently
issued and  outstanding  common stock upon approval from its  stockholders,  and
(iii) agreed to issue 20,000,000  shares of its post-reverse  split common stock
to the  shareholders  of Ecash in exchange for all of the issued and outstanding
shares of Ecash  common  stock.  The reverse  split of the  Company's  shares of
common stock was approved by its  stockholders  on May 12, 2006, and the reverse
stock split will be effective shareholders will be effective on May 22, 2006. On
May 15, 2006 the Company sysmbol for the OTC was changed to ECAS.



Results of Operations.

(a)  Revenues.

     The Company  reported no revenue for the three months ended March 31, 2006.
This  represents a decrease of $3,280 from the sales of $3,280  reported for the
three months ended March 31, 2005. The Company experienced no sales this quarter
due to ceasing the sales of artificial turf.

                                       9
<PAGE>

(b)      Selling, General, and Administrative Expenses.

     The Company incurred total selling,  general and administrative expenses of
$65,726 for the three  months  ended March 31, 2005 as compared to $127,698  the
three  months ended March 31, 2006;  this  represents  an increase of $61,972 or
approximately  95%. This increase is due primarily to increased  consulting fees
and expenses of outside services.

(c)  Depreciation and Amortization.

     Depreciation and amortization for the three months ended March 31, 2006 was
zero and $7,221 in the three  months  ended March 31,  2005.  The  reduction  in
depreciation is attributable to closing of the manufacturing facilities owned by
the Company.

(d)  Interest Expense.

     The Company  incurred  interest  charges (net of interest income) of $20 in
the three months ended March 31, 2006, compared with $10,731 in the three months
ended March 31, 2005.  The lack of interest  expense in the quarter  ended March
31,  2006 is the result of the  Company  having  disposed  of the  building  and
manufacturing equipment in its last fiscal year.

(e)  Net Operating Loss Carryforward.

     At  March  31,  2006,   the  Company  had  available  net  operating   loss
carryforwards of approximately $4.2 million that may provide future tax benefits
expiring  beginning  in June of 2006;  this  compares  with net  operating  loss
carryforwards  of  approximately  $3.9  million at March 31,  2005.  The planned
reorganization and resulting change in control will have an impact on any future
benefits from the net operating  loss  carryforward.  (See Note 5: Agreement and
Plan of Reorganization)

(f)  Net Loss.

     The Company reported a net loss of $37,940 for the three months ended March
31, 2006 as compared to a net loss of $134,940  for the three months ended March
31, 2005. The lower net loss for the current  quarter is primarily due to a gain
on debt forgiveness on the settlement agreement with Juel and George Avery.

Factors That May Affect Operating Results.

     The operating results of the Company can vary significantly  depending upon
a number of factors, many of which are outside its control. General factors that
may affect the Company's operating results include:

                                       10
<PAGE>


     o    market acceptance of and changes in demand for products and services;

     o    a small  number of customers  account  for, and may in future  periods
          account  for,  substantial  portions  of the  Company's  revenue,  and
          revenue  could  decline  because of delays of  customer  orders or the
          failure to retain customers;

     o    gain or loss of clients or strategic relationships;

     o    announcement  or  introduction  of new  services  and  products by the
          Company or by its competitors;

     o    price competition;

     o    the  ability to upgrade  and develop  systems  and  infrastructure  to
          accommodate growth;

     o    the  ability  to  introduce  and  market   products  and  services  in
          accordance with market demand;

     o    changes in governmental regulation; and

     o    reduction  in or delay  of  capital  spending  by  clients  due to the
          effects of terrorism, war and political instability.

Key Personnel.

     The  Company's  success is largely  dependent on the  personal  efforts and
abilities of its senior management. The loss of certain members of the Company's
senior  management,  including  the company's  chief  executive  officer,  chief
financial  officer and chief technical  officer,  could have a material  adverse
effect on the company's business and prospects.

Operating Activities.

     The net cash  used in  operating  activities  was  $143,010.  for the three
months ended March 31, 2006  compared to $7,147 for the three months ended March
31, 2005. This increase is attributed to many changes from period to period, but
primarily to the pay down of outstanding payables and other accrued expenses.

Investing Activities.

     Net cash from  investing  activities  was zero for both three months period
ending March 31, 2006 and 2005

     Liquidity and Capital Resources.

                                       11
<PAGE>


     As of March 31, 2006,  the Company had total current  assets of $46,335 and
total current liabilities of $44,857,  resulting in net working capital $ 1,478.
As of that date,  the Company had no cash.  During the three  months ended March
31,  2006 and 2005,  the  Company  incurred  losses  of  $134,940  and  $37,940,
respectively,  and the Company had an  accumulated  deficit of  $4,230,972 as of
March 31,  2006.  These  factors  raise  substantial  doubt as to the  Company's
ability to continue  as a going  concern.  In fact,  the  Company's  independent
accountants'  audit  report  included  in the Form  10-KSB  for the  year  ended
December 31, 2005 includes a substantial doubt paragraph regarding the Company's
ability to continue as a going concern.

     The accompanying  financial statements have been prepared assuming that the
Company continues as a going concern that contemplates the realization of assets
and the  satisfaction of liabilities in the normal course of business.  However,
the ability of the Company to continue as a going concern on a longer-term basis
will be  dependent  upon its  ability  to  generate  sufficient  cash  flow from
operations  to meet its  obligations  on a timely  basis,  to retain its current
financing, to obtain additional financing, and ultimately attain profitability.

     Our  current  cash flow will not be  sufficient  to  maintain  our  capital
requirements for the next twelve months.  Accordingly,  the Company will need to
continue raising capital through either debt or equity instruments.  The Company
believes  it will need to raise  additional  capital to continue  executing  the
business  plan.  Whereas the Company has been  successful in the past in raising
capital, no assurance can be given that these sources of financing will continue
to be available to us and/or that demand for our equity/debt instruments will be
sufficient to meet our capital  needs,  or that  financing  will be available on
terms  favorable to the Company.  The  financial  statements  do not include any
adjustments  relating to the  recoverability  and  classification of liabilities
that might be  necessary  should the  Company be unable to  continue  as a going
concern.

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

o    curtail operations significantly;

o    sell significant assets;

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

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

     To the extent that the Company raises  additional  capital through the sale
of equity or convertible  debt  securities,  the issuance of such securities may
result in dilution  to existing  stockholders.  If  additional  funds are raised
through the  issuance of debt  securities,  these  securities  may have  rights,



                                       12
<PAGE>

preferences  and  privileges  senior to holders of common stock and the terms of
such debt could impose restrictions on our operations. Regardless of whether our
cash assets prove to be inadequate to meet our operational needs, we may seek to
compensate providers of services by issuance of stock in lieu of cash, which may
also result in dilution to existing shareholders.

Off Balance Sheet Arrangements.

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

Inflation.

     The  impact  of  inflation  on our costs  and the  ability  to pass on cost
increases to its customers over time is dependent upon market conditions. We are
not aware of any inflationary  pressures that have had any significant impact on
our operations  over the past quarter,  and the company does not anticipate that
inflationary factors will have a significant impact on future operations.

Critical Accounting Policies.

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

(a)  Use of Estimates in the Preparation of Financial Statements.

     The preparation of these financial  statements requires the Company to make
estimates and judgments that affect the reported amounts of assets, liabilities,
revenues  and  expenses,   and  related  disclosure  of  contingent  assets  and
liabilities.  On an on-going  basis,  the  Company  evaluates  these  estimates,
including those related to revenue recognition and concentration of credit risk.
The Company bases its estimates on  historical  experience  and on various other
assumptions  that are believed to be  reasonable  under the  circumstances,  the
results of which form the basis for making  judgments  about the carrying values
of assets and  liabilities  that are not readily  apparent  from other  sources.
Actual results may differ from these estimates  under  different  assumptions or
conditions.

                                       13
<PAGE>

(b)  Stock-Based Compensation Arrangements.

     The Company may issue  shares of common  stock to various  individuals  and
entities  for  management,  legal,  consulting  and  marketing  services.  These
issuances  will be valued at the fair market value of the services  provided and
the number of shares issued is  determined,  based upon the open market  closing
price  of  common  stock as of the date of each  respective  transaction.  These
transactions  will  be  reflected  as  a  component  of  selling,   general  and
administrative expenses in the Company's statement of operations.

(c)  Revenue Recognition.

     Sales are recognized when the product is shipped to the customer.

Forward Looking Statements.

     Information  in this Form  10-QSB  contains  "forward  looking  statements"
within the meaning of Rule 175 of the  Securities  Act of 1933, as amended,  and
Rule 3b-6 of the  Securities  Act of 1934,  as  amended.  When used in this Form
10-QSB,  the words  "expects,"  "anticipates,"  "believes,"  "plans," "will" and
similar expressions are intended to identify forward-looking  statements.  These
are statements  that relate to future  periods and include,  but are not limited
to, statements regarding our adequacy of cash, expectations regarding net losses
and cash flow, our need for future financing,  our dependence on personnel,  and
our operating expenses.

     Forward-looking  statements are subject to certain risks and  uncertainties
that could cause actual results to differ materially from those projected. These
risks and uncertainties  include,  but are not limited to, those discussed above
as well as risks set forth above under  "Factors  That May Affect Our  Results."
These  forward-looking  statements speak only as of the date hereof. The Company
expressly  disclaims  any  obligation  or  undertaking  to release  publicly any
updates or  revisions  to any  forward-looking  statements  contained  herein to
reflect  any change in its  expectations  with  regard  thereto or any change in
events, conditions or circumstances on which any such statement is based.

ITEM 3.  CONTROLS AND PROCEDURES.

Evaluation of Disclosure Controls and Procedures.

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

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<PAGE>

     As of the end of the period covered by this report,  our management carried
out an  evaluation,  under the  supervision  and with the  participation  of our
principal  executive  officer,  of our  disclosure  controls and  procedures (as
defined in Rule 13a-15(e) and Rule  15d-15(e) of the Exchange  Act).  Based upon
the evaluation,  our principal  executive  officer concluded that our disclosure
controls and procedures are effective to ensure that information  required to be
disclosed  by us in the reports that we file or submit under the Exchange Act is
recorded, processed,  summarized and reported, within the time periods specified
in the Commission's rules and forms.

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

Changes in Disclosure Controls and Procedures.

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

PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

     Other  than as set  forth  below,  the  Registrant  is not a  party  to any
material pending legal  proceedings  and, to the best of its knowledge,  no such
action by or against the Registrant has been threatened.

     On April 13,  2005, a complaint  was filed in the  Superior  Court of Floyd
County,  Georgia by Alan Castro against the Company.  The complaint alleges that
the Company  failed to pay the  plaintiff on a promissory  note dated October 1,
2003 in the amount  $30,000.  The complaint  seeks the amount of the note,  plus
accrued  interest  thereon.  On March 17, 2006, the Company settled the debt and
the complaint was terminated.

ITEM 2.  UNREGISTERED SALES OF EQUITY.

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<PAGE>

     On March 17,  2006,  the  Company  issued to  various  parties  340,877,600
restricted  common shares of the company at $0.0025 for an aggregate  value of $
852,194,  bringing the total outstanding  shares of common stock to 497,604,165.
These shares are being held for distribution to the Company's creditors.  Of the
shares issued, 64,000,000 were for issued for a cash of $160,000 and 276,877,600
shares were issued in exchange for the cancellation of $692,194 of Company debt.
The cash payment the Company  received is being used to reduce other debt of the
Company.


ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.

         Not Applicable.

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

     The  Company has filed a Schedule  14A  Information  Statement  and Consent
Solicitation  with the Securities  and Exchange  Commission to request a vote of
shareholders in writing, without a meeting:

     1. To approve amendments to the Company's  Certificate of Incorporation (a)
to reclassify the Company's issued and outstanding  common shares,  reducing the
number  thereof by a factor of 400 to 1, in what is commonly known as a "reverse
stock split"; and (b) change the name of the Company to "Ecash, Inc."; and

     2. To  approve  a  transaction  whereby  control  of the  Company  would be
acquired by the stockholders of Ecash, Inc. ("Ecash"), a New Jersey corporation,
pursuant  to  the  terms  of  an  agreement  and  plan  of  reorganization  (the
"Agreement").

ITEM 5.  OTHER INFORMATION.

         None

ITEM 6.  EXHIBITS.



31       Rule 13a-14(a)/15d-14(a) Certification of Gary Borglund.

32       Section 1350 Certification of Gary Borglund.


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<PAGE>



                                    SIGNATURE

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

                                   Ecash, Inc.


Dated: May 15, 2006                By: /s/ Gary Borglund
                                   ----------------------
                                   Gary Borglund, President
                                   Principal Executive Officer
                                   and Chief Financial Officer



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