**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**FORM      10-Q**

| **x** | **QUARTERLY                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934** |
|-------|---------------------------------------------------------------------------------------------------------------------|

**      June 30, 2008**

| **o** | **TRANSITION                REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT OF                1934** |
|-------|-----------------------------------------------------------------------------------------------------------|

__________.

*Commission      File No.*
***000-26913***

**NW      TECH CAPITAL, INC**

| **NEVADA**                                                                                     |   | **86-0862532**                                |
|------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|
| (State or Other Jurisdiction ofincorporation or organization)    |   | (I.R.S. EmployerIdentification No.) |
|                                                                                           |   |                                          |
| **4603 NE St. Johns Road, Ste. B****Vancouver, Washington** |   | **98661**                                     |
| (Address of Principal Executive Offices)                                   |   | (Zip Code)                               |

|  Large                accelerated filer o |   | Accelerated                filer o         |
|------------------------------------------------|--------|--------------------------------------------|
|                                           |   |                                       |
| Non-accelerated                filer o         |   | Smaller                reporting company x |

**APPLICABLE      ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS**

**DURING      THE PRECEDING FIVE YEARS**

**APPLICABLE      ONLY TO CORPORATE ISSUERS**

----

**TABLE      OF CONTENTS**

|                   |                                                                           | **Page**     |
|------------------------|--------------------------------------------------------------------------------|--------------|
|                   | **PART                I - FINANCIAL INFORMATION**                              |         |
|              |                                                                      |    |
| Item                1. | Condensed                Consolidated Financial Statements                     | 3            |
|                   |                                                                           |         |
| Item                2. | Management’s                Discussion and Analysis or Plan of Operation | 17           |
|                   |                                                                           |         |
| Item                3. | Quantitative                and Qualitative Market Risk                        | 21           |
|                   |                                                                           |         |
| Item                4. | Controls                and Procedures                                         | 21           |
|                   |                                                                           |         |
|                   | **PART                II - OTHER INFORMATION**                                 |         |
|                   |                                                                           |         |
| Item                1. | Legal                Proceedings                                               | 22           |
|                   |                                                                           |         |
| Item 1A.          | Risk                Factors                                                    | 22           |
|                   |                                                                           |         |
| Item                2. | Unregistered                Sales of Equity Securities and Use of Proceeds     | 22           |
|                   |                                                                           |         |
| Item                3. | Defaults                Upon Senior Securities                                 | 23           |
|                   |                                                                           |         |
| Item                4. | Submission                of Matters to a Vote of Security Holders             | 23           |
|                   |                                                                           |         |
| Item                5. | Other                Information                                               | 23           |
|                   |                                                                           |         |
| Item                6. | Exhibits                                                                       | 23           |

----

**PART      I - FINANCIAL INFORMATION**

**ITEM      1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS.**

| **NW                TECH CAPITAL, INC.**                                |
|-------------------------------------------------------------------------|
| **(FORMERLY                CYBERTEL CAPITAL CORPORATION)**              |
| **CONDENSED                CONSOLIDATED BALANCE                SHEETS** |

|                                                                              |   | **June 30, 2008**  |    | **December 31, ****2007** |   |
|-----------------------------------------------------------------------------------|--------|-----------------------------------|---------|-------------------------------------|--------|
|                                                                              |   | **(UNAUDITED)**                   |    |                           |   |
| **ASSETS**                                                                        |   |                              |    |                                |   |   |   |
| Current                assets                                                     |   |                              |         |                                |   |  |   |
| Cash                                                                              |   | $                                 | 43,712  |                                | $      | 16,675 |   |
| Accounts                receivable, net of $4,543 allowance for doubtful accounts |   |                              | 149,072 |                                |   | - |   |
| Inventory                                                                         |   |                              | 52,804  |                                |   | - |   |
| Other                current assets                                               |   |                              | -       |                                |   | 40,000 |   |
| Total                current assets                                               |   |                              | 245,588 |                                |   | 56,675 |   |
| Fixed                assets, net of depreciation                                  |   |                              | 137,269 |                                |   | - |   |
| Goodwill                                                                          |   |                              | 586,516 |                                |   | - |   |
| Other                Assets                                                       |   |                              | 680     |                                |   | - |   |
| TOTAL                ASSETS                                                       |   | $                                 | 970,053 |                                | $      | 56,675 |   |

----

**NW      TECH CAPITAL, INC.**

**(FORMERLY      CYBERTEL CAPITAL CORPORATION)**

**CONDENSED      CONSOLIDATED BALANCE SHEETS**

**(CONTINUED)**

|                                                                                                                                                                                                     |   | **June 30, 2008**                    |        | **December 31, 2007**  |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------|-------------|---------------------------------------|--------|
|                                                                                                                                                                                                          |   |                      **(UNAUDITED)** |        |                        |   |
| **LIABILITIES                  AND STOCKHOLDERS' DEFICIT**                                                                                                                                                    |   |                                           |        |                                  |   |   |   |
| **LIABILITIES**                                                                                                                                                                                               |   |                                           |        |                                  |   |   |   |
| Current                  liabilities                                                                                                                                                                          |   |                                           |             |                                  |   |  |   |
| Accounts                  payable                                                                                                                                                                             |   | $                                              | 242,982     |                                  | $      | 228,082 |   |
| Accrued                  expenses                                                                                                                                                                             |   |                                           | 16,614      |                                  |   | 67,806 |   |
| Bank                  credit line                                                                                                                                                                             |   |                                           | 71,948      |                                  |   | - |   |
| Notes                  payable                                                                                                                                                                                |   |                                           | 16,015      |                                  |   | - |   |
| Notes                  payable to shareholders, net                                                                                                                                                           |   |                                           | 449,315     |                                  |   | 293,064 |   |
| Derivative                  liability                                                                                                                                                                         |   |                                           | 1,843,714   |                                  |   | 140,187 |   |
| Total                  current liabilities                                                                                                                                                                    |   |                                           | 2,640,588   |                                  |   | 729,139 |   |
| Long                  term notes payable                                                                                                                                                                      |   |                                           | 30,522      |                                  |   | - |   |
| Long                  term notes payable to shareholders                                                                                                                                                      |   |                                           | 603,603     |                                  |   | - |   |
| Total                  long term liabilities                                                                                                                                                                  |   |                                           | 634,125     |                                  |   | - |   |
| TOTAL                  LIABILITIES                                                                                                                                                                            |   |                                           | 3,274,713   |                                  |   | 729,139 |   |
|                                                                                                                                                                                                          |   |                                           |        |                                  |   |   |   |
| ** STOCKHOLDERS’                  DEFICIT**                                                                                                                                                        |   |                                           |             |                                  |   |  |   |
| Series                  A convertible preferred stock, $.001 per share, 5,000 shares authorized;                  84 and 164 shares issued and outstanding                                                    |   |                                           | -           |                                  |   | - |   |
| Series                  B super voting preferred stock, par value $.00001 per share; 100,000,000                  shares authorized; 49,200,000 and 50,000,000 shares issued and                  outstanding |   |                                           | 492         |                                  |   | 500 |   |
| Series                  E convertible preferred stock, $1.00 per share, 10,000,000 shares                  authorized; 80,000 and 0 shares issued and outstanding                                             |   |                                           | 80,000      |                                  |   | - |   |
| Series                  F convertible preferred stock, $1.00 per share, 10,000,000 shares                  authorized; 7,500 and 0 shares issued and outstanding                                              |   |                                           | 7,500       |                                  |   | - |   |
| Common                  stock; $.00001 par value; 2,500,000,000 shares authorized; 140,276,335                  and                  550,363 issued and outstanding                                           |   |                                           | 1,403       |                                  |   | 6 |   |
| Additional                  paid-in-capital                                                                                                                                                                   |   |                                           | 24,325,038  |                                  |   | 23,656,194 |   |
| Accumulated                  deficit                                                                                                                                                                          |   |                                           | (26,719,093 | )                                     |   | (24,329,164 | ) |
| TOTAL                  STOCKHOLDERS’ DEFICIT                                                                                                                                                            |   |                                           | (2,304,660  | )                                     |   | (672,464 | ) |
| TOTAL                  LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                                                                            |   | $                                              | 970,053     |                                  | $      | 56,675 |   |

----

| **NW                TECH CAPITAL, INC.**                          |
|-------------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED STATEMENT OF OPERATIONS** |
| **(UNAUDITED)**                                                   |

|                                                          |   | **For                the three months****ended June 30,** |       | **For the six months ended****June 30,** |   |
|---------------------------------------------------------------|--------|-------------------------------------------------------------------------------|------------|-------------------------------------------------------------------|--------|
|                                                          |   | **2008**                                                                 |       | **2007**                                                     |   |  **2008** |   |  **2007** |   |
|                                                          |   |                                                                          |       |                                                              |   |    |   |    |   |
| REVENUES                                                      |   | $                                                                             | 62,735     |                                                              | $      | - |   | $ | 62,735 |   | $ | - |   |
| Cost                of goods sold                             |   |                                                                          | 30,597     |                                                              |   | - |   |   | 30,597 |   |   | - |   |
| Gross                profit                                   |   |                                                                          | 32,138     |                                                              |   | - |   |   | 32,138 |   |   | - |   |
| EXPENSES                                                      |   |                                                                          |            |                                                              |   |  |   |   |   |   |   |   |   |
| Selling,                general and administrative            |   |                                                                          | 62,100     |                                                              |   | 130,777 |   |   | 392,935 |   |   | 116,038 |   |
| Stock                based compensation                       |   |                                                                          | 299,942    |                                                              |   | 588,348 |   |   | 174,530 |   |   | 740,255 |   |
| Depreciation                and amortization                  |   |                                                                          | 934        |                                                              |   | - |   |   | 934 |   |   | - |   |
| TOTAL                OPERATING EXPENSES                       |   |                                                                          | 362,976    |                                                              |   | 719,125 |   |   | 568,399 |   |   | 856,293 |   |
| OPERATING                LOSS                                 |   |                                                                          | (330,838   | )                                                                 |   | (719,125 | ) |   | (536,261 | ) |   | (856,293 | ) |
|                                                          |   |                                                                          |            |                                                              |   |  |   |   |   |   |   |   |   |
| OTHER                INCOME (EXPENSE)                         |   |                                                                          |            |                                                              |   |  |   |   |   |   |   |   |   |
| Interest                income                                |   |                                                                          | 1          |                                                              |   | 35 |   |   | 1 |   |   | 35 |   |
| Interest                expense                               |   |                                                                          | (51,541    | )                                                                 |   | (409 | ) |   | (123,688 | ) |   | (1,463 | ) |
| Change                in fair value of derivative liability   |   |                                                                          | (1,632,052 | )                                                                 |   | (13,662 | ) |   | (1,703,527 | ) |   | (20,087 | ) |
| Other                income                                   |   |                                                                          | 199        |                                                              |   | - |   |   | 199 |   |   | - |   |
| TOTAL                OTHER INCOME/(EXPENSE)                   |   |                                                                          | (1,683,393 | )                                                                 |   | (14,036 | ) |   | (1,827,015 | ) |   | (21,515 | )  |
| LOSS                FROM CONTINUING OPERATIONS                |   |                                                                          | (2,014,231 | )                                                                 |   | (733,161 | ) |   | (2,363,276 | ) |   | (877,808 | ) |
|                                                          |   |                                                                          |       |                                                              |   |   |   |   |   |   |   |   |   |
| DISCONTINUED                OPERATIONS                        |   |                                                                          |       |                                                              |   |   |   |   |   |   |   |   |   |
| Loss                from operations of discontinued business  |   |                                                                          | -          |                                                              |   | (16,098 | ) |   | - |   |   | (23,609 | ) |
| LOSS                FROM DISCONTINUED OPERATIONS              |   |                                                                          | -          |                                                              |   | (16,098 | ) |   | - |   |   | (23,609 | ) |
| NET                LOSS                                       |   |                                                                          | (2,014,231 | )                                                                 |   | (749,259 | ) |   | (2,363,276 | ) |   | (901,417 | ) |
| Preferred                dividend                        |   |                                                                          | (25,294    | )                                                                 |   | (1,166 | ) |   | (26,653 | ) |   | (3,104 | ) |
| NET                LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS   |   | $                                                                             | (2,039,525 | )                                                                 | $      | (750,425 | ) |   | (2,389,929 | ) |   | (904,521 | ) |
|                                                          |   |                                                                          |            |                                                              |   |  |   |   |   |   |   |   |   |
| NET                LOSS PER COMMON SHARE - BASIC AND DILUTED  |   |                                                                          |            |                                                              |   |  |   |   |   |   |   |   |   |
| Continuing                operations                          |   | $                                                                             | (0.02      | )                                                                 | $      | (14.54 | ) |   | (0.05 | ) |   | (32.40 | ) |
| Discontinued                operations                        |   | $                                                                             | 0.00       |                                                              | $      | (0.32 | ) |   | 0.00 |   |   | (0.87 | ) |
| Net                loss per common share                      |   | $                                                                             | (0.02      | )                                                                 | $      | (14.88 | ) |   | (0.05 | ) |   | (33.39 | ) |
| Weighted                average number of shares outstanding: |   |                                                                          |       |                                                              |   |   |   |   |   |   |   |   |   |
| Basic                and diluted                              |   |                                                                          | 88,117,204 |                                                              |   | 50,438 |   |   | 44,302,020 |   |   | 27,091 |   |

----

| **NW                TECH CAPITAL, INC.**                           |
|--------------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED STATEMENTS OF CASH FLOWS** |
| **(UNAUDITED)**                                                    |

|                                                                                                                     |   | **For the six months****Ended June 30,** |         |
|--------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------|--------------|
|                                                                                                                     |   |                    **2008**                                  |         |                    **2007** |   |
| **CASH                  FLOWS FROM OPERATING ACTIVITIES**                                                                |   |                                                              |              |   |   |  |   |
| Net                  loss from continuing operations                                                                |   | $                                                                 | (2,363,276   | ) | $ | (877,808 | ) |
| Adjustments                  to reconcile net income to net cash provided by operating                  activities       |   |                                                              |         |   |   |  |   |
| Depreciation                                                                                                             |   |                                                              | 934          |   |   | - |   |
| Notes                  issued for expenses                                                                               |   |                                                              | 254,079      |   |   | - |   |
| Interest                  expense associated with beneficial conversion feature                                          |   |                                                              | 104,280      |   |   | - |   |
| Change                  in fair value of derivative liability                                                            |   |                                                              | 1,703,527    |   |   | 6,425 |   |
| Common                  stock issued to third parties for services                                                       |   |                                                              | 174,530      |   |   | 160,220 |   |
| Common                  stock issued for interest payment on debt                                                        |   |                                                              | 8,543        |   |   | - |   |
| Changes                  in assets and liabilities                                                                       |   |                                                              |         |   |   |  |   |
| Accounts                  receivable                                                                                     |   |                                                              | 27,115       |   |   | - |   |
| Inventory                                                                                                                |   |                                                              | (5,996       | ) |   | - |   |
| Prepaid                  expenses                                                                                        |   |                                                              | 20,000       |   |   | - |   |
| Accounts                  payable and accrued expenses                                                                   |   |                                                              | 8,415        |   |   | 25,754 |   |
| Net                  cash used in continuing operations                                                                  |   |                                                              | (67,849      | ) |   | (685,409 | ) |
| Net                  loss from discontinued operations                                                                   |   |                                                              | -            |   |   | (23,609 | ) |
| Net                  cash provided by discontinued operations                                                            |   |                                                              | -            |   |   | 607,716 |   |
| Net                  cash used in operating activities                                                                   |   |                                                              | (67,849      | ) |   | (101,302 | ) |
|                                                                                                                     |   |                                                              |         |   |   |  |   |
| **CASH                  FLOW FROM INVESTING ACTIVITIES**                                                                 |   |                                                              |    |   |   |   |   |
| Net                  cash provided by investing activities                                                               |   |                                                              | -            |   |   | - |   |
|                                                                                                                     |   |                                                              |         |   |   |  |   |
| **CASH                  FLOW FROM FINANCING ACTIVITIES**                                                                 |   |                                                              |         |   |   |  |   |
| Proceeds                  from shareholder notes payable                                                                 |   |                                                              | 50,000       |   |   | - |   |
| Proceeds                  from issuance of common stock                                                                  |   |                                                              | 32,500       |   |   | - |   |
| Proceeds                  from issuance of preferred stock & note payable for purchase of                  Teledigit |   |                                                              | 21,871       |   |   | - |   |
| Proceeds                  from notes payable                                                                             |   |                                                              | 10,000       |   |   | 50,000 |   |
| Proceeds                  from related party notes payable                                                               |   |                                                              | 3,000        |   |   | - |   |
| Proceeds                  from exercise of ESOP                                                                          |   |                                                              | -            |   |   | 196,280 |   |
| Repayments                  of notes payable                                                                             |   |                                                              | (22,485      | ) |   | - |   |
| Net                  cash provided by continuing operations                                                              |   |                                                              | 94,886       |   |   | 246,280 |   |
| Net                  cash used in discontinued operations                                                                |   |                                                              | -            |   |   | (55,671 | ) |
| Net                  cash provided by financing activities                                                               |   |                                                              | 94,886       |   |   | 190,609 |   |

----

| **NW                TECH CAPITAL, INC.**                           |
|--------------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED STATEMENTS OF CASH FLOWS** |
| **(CONTINUED)**                                                    |
| **(UNAUDITED)**                                                    |

|                                                                 |   | **For the six months****ended June 30,**  |    |
|----------------------------------------------------------------------|--------|-------------------------------------------------------------------------|---------|
|                                                                 |   | **2008**                                                           |    | **2007**  |   |
|  Cash                and cash equivalents:                      |   |                                                                    |    |   |   |   |   |
| Increase                in cash                                      |   |                                                                    | 27,037  |   |   | 89,307 |   |
| Cash,                beginning of period                             |   |                                                                    | 16,675  |   |   | 1,718 |   |
| Cash                of discontinued operations, beginning of period  |   |                                                                    | -       |   |   | 19,736 |   |
| Less                cash of discontinued operations, end of period   |   |                                                                    | -       |   |   | (90,324 | ) |
| Cash,                end of period                                   |   | $                                                                       | 43,712  |   | $ | 20,437 |   |
|                                                                 |   |                                                                    |    |   |   |   |   |
| **SUPLLEMENTAL                DISCLOSURES**                          |   |                                                                    |    |   |   |   |   |
| Cash                paid for interest & taxes                    |   | $                                                                       | 915     |   | $ | 8,727 |   |
|                                                                 |   |                                                                    |    |   |   |   |   |
| Non-cash                financing and investing activities           |   |                                                                    |    |   |   |   |   |
| Issuance                of note for accrued expense                  |   | $                                                                       | 254,079 |   | $ | - |   |
| Common                stock issued to third parties for services     |   | $                                                                       | 174,530 |   | $ | - |   |
| Issuance                of common stock for payment of debt          |   | $                                                                       | 94,189  |   | $ | - |   |
| Conversion                of accrued dividend to common stock        |   | $                                                                       | 59,819  |   | $ | - |   |
| Accrued                preferred stock dividends                     |   | $                                                                       | 2,381   |   | $ | - |   |
| Issuance                of note payable for purchase of Teledigit    |   | $                                                                       | 720,000 |   | $ | - |   |
| Issuance                of preferred stock for purchase of Teledigit |   | $                                                                       | 80,000  |   | $ | - |   |

----

**NOTE      1 -****SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES**

*Organization*

*Basis      of Presentation*

*Allowance      for Doubtful Accounts*

*Inventories*

*Property      and Equipment and Leasehold Improvements*

*Revenue      Recognition*

----

*Basic      and Diluted Net Loss per Share*

**NOTE      2 – MATERIAL EVENTS**

*Acquisitions*

*Reverse      Split*

*Name      Change*

*Discontinued      Operations*

**NOTE      3 - GOING CONCERN**

----

**NOTE      4 - NOTES PAYABLE**

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| **Terms**                                                                                                                                                                                                                                                                              |   |   |   | **Amount** |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|------------|--------|
|                                                                                                                                                                                                                                                                                   |   |   |   |       |   |
| ***Bank                Lines of Credit:***                                                                                                                                                                                                                                             |   |   |   |       |   |   |   |
| - $100,000                Credit line at prime plus 1%                                                                                                                                                                                                                            |   |   |   |       | $      | 62,253 |   |
| - $10,000                Credit line at 14.25%                                                                                                                                                                                                                                    |   |   |   |       |   | 9,695 |   |
| **Total                Bank Lines of Credit**                                                                                                                                                                                                                                          |   |   |   |       | $      | 71,948 |   |
|                                                                                                                                                                                                                                                                                   |   |   |   |       |   |   |   |
| ***Short                Term Notes Payable to Non-Shareholders:***                                                                                                                                                                                                                     |   |   |   |       |   |   |   |
| - Current                portion of 4.49% interest; principal of $7,058; due 9/30/10; monthly                payments of $318                                                                                                                                                     |   |   |   |       | $      | 3,569 |   |
| - Current                portion of 9.99% interest; principal of $11,197; due 5/15/11; monthly                payments of $358                                                                                                                                                    |   |   |   |       |   | 3,347 |   |
| - Current                portion of 9.99% interest; principal of $15,528; due 5/19/11; monthly                payments of $509                                                                                                                                                    |   |   |   |       |   | 4,309 |   |
| - Current                portion of 9.99% interest; principal of $12,754; due 6/29/11; monthly                payments of $399                                                                                                                                                    |   |   |   |       |   | 4,790 |   |
| **Total                Short Term Notes Payable to Non-Shareholders**                                                                                                                                                                                                                  |   |   |   |       | $      | 16,015 |   |
|                                                                                                                                                                                                                                                                                   |   |   |   |       |   |   |   |
| ***Short                Term Notes Payable to Shareholders:***                                                                                                                                                                                                                         |   |   |   |       |   |   |   |
| -   8%                interest; principal of $30,000; convertible to common stock based                on 75%                of average price; due on 10/11/08; net of unamortized discount related                to                the debt discount of $24,919  |   |   |   |       | $      | 5,081 |   |
| -   12%                interest; principal of $34,413; convertible to common stock based                on 75%                of average price; due on 02/29/09; net of unamortized discount related                to                the debt discount of $22,756      |   |   |   |       |   | 11,657 |   |
| -   10%                interest; principal of 30,000; convertible to common stock based                on 70% of                average price; due on 10/1/08; net of unamortized discount related                to the                debt discount of $20,941        |   |   |   |       |   | 9,059 |   |
| -   10%                interest; principal of $13,200; convertible to common stock based                on 70%                of average price; due on 10/1/08; net of unamortized discount related                to                the debt discount of $3,332        |   |   |   |       |   | 9,868 |   |
| -   10%                interest; principal of 29,245; convertible to common stock based                on 70% of                average price; due on 12/20/08; net of unamortized discount related                to the                debt discount of $15,601       |   |   |   |       |   | 13,644 |   |
| -   8%                interest; principal of $17,082; convertible to common stock based                on 70%                of average price; due on 12/31/08; net of unamortized discount related                to                the debt discount of $0            |   |   |   |       |   | 17,082 |   |
| -   10%                interest; principal of $20,000; convertible to common stock based                on 70%                of average price; due on 2/28/09; net of unamortized discount related                to                the debt discount of $0            |   |   |   |       |   | 20,000 |   |
| -   10%                interest; principal of $25,000; convertible to common stock based                on 70%                of average price; due on 3/31/09; net of unamortized discount related                to                the debt discount of $0       |   |   |   |       |   | 25,000 |   |
| -   10%                interest; principal of $10,000; convertible to common stock based                on 70%                of average price; due on 4/30/09; net of unamortized discount related                to                debt discount of $0                |   |   |   |       |   | 10,000 |   |
| -   10%                interest; principal of $20,000; convertible to common stock based                on 70%                of average price; due on 5/20/09; net of unamortized discount related                to                the debt discount of $0       |   |   |   |       |   | 20,000 |   |
| -   10%                interest; principal of $84,042; convertible to common stock based                on 70%                of average price; due on 5/29/09; net of unamortized discount related                to                debt discount of $75,739           |   |   |   |       |   | 8,303 |   |
| -   10%                interest; principal of $20,840; convertible to common stock based                on 70%                of average price; due on 5/29/09; net of unamortized discount related                to                debt discount of $18,584           |   |   |   |       |   | 2,256 |   |
| -   10%                interest; principal of $20,000; convertible to common stock based                on 70%                of average price; due on 5/29/09; net of unamortized discount related                to                debt discount of $0                |   |   |   |       |   | 20,000 |   |
| -   8%                interest; principal of $41,493; convertible to common stock based                on 50%                of average price; due on 3/15/09; net of unamortized discount related                to                the debt discount of $0             |   |   |   |       |   | 41,493 |   |
| -   No                interest; principal of $119,475                                                                                                                                                                                                                   |   |   |   |       |   | 119,475 |   |
| -   Current                portion of 6% interest; principal of $720,000; due 7/31/13 convertible                to                Series E Preferred Stock; monthly payments of 13,920                shares                                                           |   |   |   |       |   | 116,397 |   |
| **Total                Short Term Notes Payable to Shareholders**                                                                                                                                                                                                                      |   |   |   |       | **$**  | **449,315** |   |
|                                                                                                                                                                                                                                                                                   |   |   |   |       |   |   |   |
| ***Long                Term Notes Payable to Non-Shareholders:***                                                                                                                                                                                                                      |   |   |   |       |   |   |   |
| -   Long                term portion of 4.49% interest; principal of $7,058; due 9/30/10;                monthly                payments of $318                                                                                                                        |   |   |   |       |   | 3,489 |   |
| -   Long                term portion of 9.99% interest; principal of $11,197; due 5/15/11;                monthly                payments of $358                                                                                                                       |   |   |   |       |   | 7,850 |   |
| -   Long                term portion of 9.99% interest; principal of $15,528; due 5/19/11;                monthly                payments of $509                                                                                                                       |   |   |   |       |   | 11,219 |   |
| -   Long                term portion of 9.99% interest; principal of $12,754; due 6/29/11;                monthly                payments of $399                                                                                                                       |   |   |   |       |   | 7,964 |   |
| **Total                Long Term Notes Payable to Non-Shareholders**                                                                                                                                                                                                                   |   |   |   |       | $      | **30,522** |   |
|                                                                                                                                                                                                                                                                                   |   |   |   |       |   |   |   |
| ***Long                Term Notes Payable to Shareholders:***                                                                                                                                                                                                                          |   |   |   |       |   |   |   |
| -   Long                term portion of 6% interest; principal of $720,000; due 7/31/13                convertible to Series E Preferred Stock; monthly payments of 13,920                shares                                                                        |   |   |   |       |   | 603,603 |   |
| **Total                Long Term Notes Payable to Shareholders**                                                                                                                                                                                                                       |   |   |   |       | $      | 603,603 |   |

----

**NOTE      5 - STOCK HOLDER’S EQUITY**

***Common      Stock***

| **Date of Issue** |   | **Number of Shares Issued** |            | **Aggregate Sales Price** |   | **Nature of Transaction** |   |
|-----------------------------|--------|--------------------------------------------|-----------------|-------------------------------------|--------|-------------------------------------|--------|
| 04/02/08                    |   |                                       | 2,006,110       |                                | $      | 2,556                               |   |   | Debt                Repayment |   |
| 04/02/08                    |   |                                       | 1,500,000       |                                |   | 5,550                               |   |   | Payment                for Services |   |
| 04/02/08                    |   |                                       | 2,200,000       |                                |   | 8,140                               |   |   | Preferred                A conversion |   |
| 04/15/08                    |   |                                       | 2,188,000       |                                |   | 4,376                               |   |   | Preferred                A conversion |   |
| 04/15/08                    |   |                                       | 4,400,000       |                                |   | 6,280                               |   |   | Debt                Repayment |   |
| 04/16/08                    |   |                                       | 2,000,000       |                                |   | 4,000                               |   |   | Payment                for Services |   |
| 04/17/08                    |   |                                       | 2,600,000       |                                |   | 4,680                               |   |   | Preferred                A conversion |   |
| 05/07/08                    |   |                                       | 2,000,000       |                                |   | 2,400                               |   |   | Debt                Repayment |   |
| 05/09/08                    |   |                                       | 6,111,111       |                                |   | 12,222                              |   |   | Cash                for Stock |   |
| 05/12/08                    |   |                                       | 2,880,000       |                                |   | 4,608                               |   |   | Preferred                A conversion |   |
| 05/14/08                    |   |                                       | 2,000,000       |                                |   | 2,200                               |   |   | Debt                Repayment |   |
| 05/15/08                    |   |                                       | 3,300,000       |                                |   | 4,950                               |   |   | Preferred                A conversion |   |
| 05/22/08                    |   |                                       | 3,500,000       |                                |   | 4,550                               |   |   | Payment                for Services |   |
| 05/22/08                    |   |                                       | 2,000,000       |                                |   | 1,400                               |   |   | Debt                Repayment |   |
| 05/26/08                    |   |                                       | 3,026,000       |                                |   | 3,631                               |   |   | Preferred                A conversion |   |
| 06/03/08                    |   |                                       | 3,700,000       |                                |   | 3,700                               |   |   | Preferred                A conversion |   |
| 06/05/08                    |   |                                       | 4,130,000       |                                |   | 2,024                               |   |   | Repayment                of debt |   |
| 06/08/08                    |   |                                       | 8,100,000       |                                |   | 3,969                               |   |   | Repayment                of debt |   |
| 06/30/08                    |   |                                       | 15,000,000      |                                |   | 48,000                              |   |   | Payment                for Services |   |
| 06/30/08                    |   |                                       | 9,568,800       |                                |   | 30,620                              |   |   | Preferred                A conversion |   |
| 06/30/08                    |   |                                       | 14,059,000      |                                |   | 6,889                               |   |   | Repayment                of debt |   |
| 06/30/08                    |   |                                       | 5,952,381       |                                |   | 19,048                              |   |   | Cash                for Stock |   |
|                        |   |                                       |            |                                |   |                                |   |   |   |   |
| **Total**                   |   |                                       | **102,221,402** |                                | **$**  | **185,793**                         |   |   |   |   |

***Preferred      Stock***

|   | · | Holders                of the Company’s Series A Preferred stock converted 28.96 shares of Series                A preferred stock into 29,462,800 shares of the Company’s common stock as                indicated on the chart above. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | The                Company designated a new series of preferred stock named the Series                F                Preferred Stock with 10,000,000 authorized shares with each share                convertible to $1.00 worth of the Company’s common stock. The Company                issued 7,500 shares of the Company’s Series F Preferred Stock during the                quarter. Since the Series F Preferred Stock has a convertible feature,                a                Preferred Dividend of $1,098 was calculated in accordance with EITF                00-27. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | · | The Company issued 80,000 shares of the Company’s Series              E Preferred Stock as partial payment for the acquisition of Teledigit.              Since the Series E Preferred Stock has a convertible feature, a Preferred              Dividend of $23,175 was calculated in accordance with EITF              00-27. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Holders                of the Company’s Series A preferred stock converted 80.47 shares of the                Series A Preferred Stock and $59,819 of Series A dividends into 2,027,068                shares of the Company’s common                stock. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | The                Company amended the Series B Preferred Stock by increasing the authorized                shares from 50,000,000 shares to 100,000,000 million shares with                a par                value of $0.00001 per share. The Company also added a conversion                feature                which allows shareholders of the Series B Preferred Stock to convert                one                share of Series B Preferred Stock into 25 shares of Common Stock                upon                request of the shareholder. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | The                President and CEO of the Company converted 800,000 shares of his                Series B                Preferred Stock into 20,000,000 shares of the Company’s common                stock. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | The                Company designated a new series of preferred stock named the Series                E                Preferred Stock with 10,000,000 authorized shares and a par value                of                $0.00001. Each share of the Series E Preferred Stock is convertible                to                $1.00 of the Company’s Common Stock six months after issuance. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**NOTE      6 – DISCONTINUED OPERATIONS**

* *

|                                               |   | **Three Months Ended June 30,** |         | **Six Months Ended June 30,** |   |
|----------------------------------------------------|--------|-----------------------------------------------------|--------------|---------------------------------------------------|--------|
|                                               |   | **2008**                                            |         | **2007**                                          |   | **2008** |   | **2007** |   |
|                                               |   |                                                |         |                                              |   |   |   |   |   |
| Revenue                                            |   | $                                                   | -            |                                              | $      | 99,452 |   | $ | - |   | $ | 273,599 |   |
| Cost                of goods sold                  |   |                                                |    |                                              |   | (391 | ) |   |   |   |   | (5,823 | ) |
| Gross                profit                        |   |                                                | -            |                                              |   | 99,061 |   |   | - |   |   | 267,776 |   |
|                                               |   |                                                |         |                                              |   |   |   |   |   |   |   |   |   |
| Operating                expenses                  |   |                                                |         |                                              |   |   |   |   |   |   |   |   |   |
| Selling,                general and administrative |   |                                                | -            |                                              |   | 115,168 |   |   | - |   |   | 290,131 |   |
| Total                operating expenses            |   |                                                | -            |                                              |   | (115,168 | ) |   | - |   |   | (290,131 | ) |
| Other                Income (expense):             |   |                                                |         |                                              |   |   |   |   |   |   |   |   |   |
| Interest                expense                    |   |                                                | -            |                                              |   | (687 | ) |   | - |   |   | (1,950 | ) |
| Other                income                        |   |                                                | -            |                                              |   | 696 |   |   | - |   |   | 696 |   |
| Total                other income                  |   |                                                | -            |                                              |   | 9 |   |   | - |   |   | (1,254 | ) |
| Loss                from discontinuing operations  |   | $                                                   | -            |                                              | $      | (16,098 | ) | $ | - |   | $ | (23,609 | ) |

----

**NOTE      7 – ACQUISITIONS AND INVESTMENTS**

*Teledigit,      Inc.*

*Business      Combinations*

| Cash                                 |   | $      | 21,871  |   |
|--------------------------------------|--------|--------|---------|--------|
| Accounts                  receivable |   |   | 176,187 |   |
| Inventories                          |   |   | 46,808  |   |
| Fixed                  assets        |   |   | 138,203 |   |
| Other                  assets        |   |   | 680     |   |
| Accounts                  payable    |   |   | (18,835 | )      |
| Current                  liabilities |   |   | (1,080  | )      |
| Bank                  line of credit |   |   | (82,580 | )      |
| Notes                  payable       |   |   | (47,770 | )      |
| Goodwill                             |   |   | 586,516 |   |
| Purchase                  price      |   | $      | 820,000 |   |

----

**NW      TECH CAPITAL, INC.**

**PROFORMA      CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS**

|                                                          |   | **For                the three months ended June 30,** |       | **For                the six months ended June 30,** |   |
|---------------------------------------------------------------|--------|--------------------------------------------------------|------------|------------------------------------------------------|--------|
|                                                          |   | **2008**                                          |       | **2007**                                        |   |  **2008** |   |  **2007** |   |
|                                                          |   |                                                   |       |                                                 |   |    |   |    |   |
| REVENUES                                                      |   | $                                                      | 481,716    |                                                 | $      | 467,117 |   | $ | 686,719 |   | $ | 945,341 |   |
| Cost                of goods sold                             |   |                                                   | 167,119    |                                                 |   | 137,162 |   |   | 244,657 |   |   | 315,433 |   |
| Gross                profit                                   |   |                                                   | 314,596    |                                                 |   | 329,956 |   |   | 442,062 |   |   | 629,908 |   |
| EXPENSES                                                      |   |                                                   |            |                                                 |   |  |   |   |   |   |   |   |   |
| Selling,                general and administrative            |   |                                                   | 267,803    |                                                 |   | 388,167 |   |   | 862,399 |   |   | 686,434 |   |
| Stock                based compensation                       |   |                                                   | 299,942    |                                                 |   | 588,348 |   |   | 174,530 |   |   | 740,255 |   |
| Depreciation                and amortization                  |   |                                                   | 6,237      |                                                 |   | 11,609 |   |   | 12,474 |   |   | 23,218 |   |
| TOTAL                OPERATING EXPENSES                       |   |                                                   | 573,982    |                                                 |   | 988,124 |   |   | 1,049,403 |   |   | 1,449,907 |   |
| OPERATING                LOSS                                 |   |                                                   | (259,386   | )                                                    |   | (658,168 | ) |   | (607,341 | ) |   | (819,999 | ) |
|                                                          |   |                                                   |            |                                                 |   |  |   |   |   |   |   |   |   |
| OTHER                INCOME (EXPENSE)                         |   |                                                   |            |                                                 |   |  |   |   |   |   |   |   |   |
| Interest                income                                |   |                                                   | 1          |                                                 |   | 36 |   |   | 2 |   |   | 38 |   |
| Interest                expense                               |   |                                                   | (53,442    | )                                                    |   | (1,788 | ) |   | (125,589 | ) |   | (4,222 | ) |
| Change                in fair value of derivative liability   |   |                                                   | (1,632,052 | )                                                    |   | (13,662 | ) |   | (1,703,527 | ) |   | (20,087 | ) |
| Other                income                                   |   |                                                   | 69,599     |                                                 |   | - |   |   | 75,406 |   |   | - |   |
| TOTAL                OTHER INCOME/(EXPENSE)                   |   |                                                   | (1,615,895 | )                                                    |   | (15,414 | ) |   | (1,753,708 | ) |   | (24,271 | )  |
| LOSS                FROM CONTINUING OPERATIONS                |   |                                                   | (1,875,280 | )                                                    |   | (673,582 | ) |   | (2,361,049 | ) |   | (844,270 | ) |
|                                                          |   |                                                   |       |                                                 |   |   |   |   |   |   |   |   |   |
| DISCONTINUED                OPERATIONS                        |   |                                                   |       |                                                 |   |   |   |   |   |   |   |   |   |
| Loss                from operations of discontinued business  |   |                                                   | -          |                                                 |   | (16,098 | ) |   | - |   |   | (23,609 | ) |
| LOSS                FROM DISCONTINUED OPERATIONS              |   |                                                   | -          |                                                 |   | (16,098 | ) |   | - |   |   | (23,609 | ) |
| NET                LOSS                                       |   |                                                   | (1,875,280 | )                                                    |   | (689,680 | ) |   | (2,361,049 | ) |   | (867,878 | ) |
| Preferred                dividend                        |   |                                                   | (25,294    | )                                                    |   | (1,166 | ) |   | (26,654 | ) |   | (3,104 | ) |
| NET                LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS   |   | $                                                      | (1,900,575 | )                                                    | $      | (690,846 | ) |   | (2,387,703 | ) |   | (870,982 | ) |
|                                                          |   |                                                   |            |                                                 |   |  |   |   |   |   |   |   |   |
| NET                LOSS PER COMMON SHARE - BASIC AND DILUTED  |   |                                                   |            |                                                 |   |  |   |   |   |   |   |   |   |
| Continuing                operations                          |   | $                                                      | (0.02      | )                                                    | $      | (13,35 | ) |   | (0.05 | ) |   | (31,16 | ) |
| Discontinued                operations                        |   | $                                                      | 0.00       |                                                 | $      | (0.32 | ) |   | 0.00 |   |   | (0.87 | ) |
| Net                loss per common share                      |   | $                                                      | (0.02      | )                                                    | $      | (13,67 | ) |   | (0.05 | ) |   | (32.04 | ) |
| Weighted                average number of shares outstanding: |   |                                                   |       |                                                 |   |   |   |   |   |   |   |   |   |
| Basic                and diluted                              |   |                                                   | 88,117,204 |                                                 |   | 50,438 |   |   | 44,302,020 |   |   | 27,091 |   |

----

**NOTE      8 – RELATED PARTY TRANSACTIONS**

**NOTE      9 - CONCENTRATIONS**

**Major      Customers**

**Major      Suppliers**

**NOTE      10 - SUBSEQUENT EVENTS**

*Stock      Issuances:*

*Convertible      Promissory Notes*

| **Date**   |   | **Amount** |   |
|------------|--------|------------|--------|
| 07/02/2008 |        | $          | 30,000 |   |
| 07/02/2008 |   |       | 28,800 |   |
|       |   |       |   |   |
| Total      |   | $          | 58,800 |   |

----

**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF      OPERATION**

**Overview**

*The      following discussion and analysis should be read in conjunction with the      Consolidated Financial Statements in the Form 10-KSB for the year ended December      31, 2007 and the other financial data appearing elsewhere in this Form      10-Q.*

*The      information set forth in this Management's Discussion and Analysis of Financial      Condition and Results of Operations ("MD&A") contains certain      "forward-looking statements," including, among others (i) expected changes      in      the Company's revenues and profitability, (ii) prospective business      opportunities and (iii) the Company's strategy for financing its business.      Forward-looking statements are statements other than historical information      or      statements of current condition. Some forward-looking statements may be      identified by use of terms such as "believes," "anticipates," "intends" or      "expects." These forward-looking statements relate to the plans, objectives      and      expectations of the Company for future operations. Although the Company believes      that its expectations with respect to the forward-looking statements are based      upon reasonable assumptions within the bounds of its knowledge of its business      and operations, in light of the risks and uncertainties inherent in all future      projections, the inclusion of forward-looking statements in this report should      not be regarded as a representation by the Company or any other person that      the      objectives or plans of the Company will be achieved.*

**Executive      Overview**

----

|   | · | VoIP,                TDM, and Hybrid voice functionality and                networking. |
|--------|--------|-----------------------------------------------------------------------------------------|

|   | · | 10G,                Switched Gigabit, Wireless voice, and multi-protocol                networking. |
|--------|--------|-----------------------------------------------------------------------------------------------------|

|   | · | Computer/Telephony                integration for call centers or Database                backends. |
|--------|--------|-----------------------------------------------------------------------------------------------------|

|   | · | Converged                multimedia applications such as contact centers, desktop                conferencing. |
|--------|--------|----------------------------------------------------------------------------------------------------------------|

|   | · | LAN                / WAN design and network planning. |
|--------|--------|-------------------------------------------------------|

|   | · | Data                network support and desktop                support. |
|--------|--------|-------------------------------------------------------------------------|

|   | · | VoIP                network support and integration.. |
|--------|--------|-------------------------------------------------------|

|   | · | VPN                and Branch office data deployment. |
|--------|--------|-------------------------------------------------------|

|   | · | Wireless                LAN survey and installation support and                deployment. |
|--------|--------|--------------------------------------------------------------------------------------------|

|   | · | Outdoor                Wireless/Microwave data integration and service (Unlicensed & FCC                Licensed). |
|--------|--------|------------------------------------------------------------------------------------------------------------------------|

|   | · | Remote                network support and management. |
|--------|--------|-------------------------------------------------------|

|   | · | CCTV                and IP Video surveillance network design, installation and                support. |
|--------|--------|--------------------------------------------------------------------------------------------------------|

|   | · | Cat5e                and Cat6 Copper networking cabling                installation. |
|--------|--------|--------------------------------------------------------------------------------------|

|   | · | Single-Mode                and Multi-Mode Fiber Optic Cabling installation and                support. |
|--------|--------|--------------------------------------------------------------------------------------------------------|

|   | · | CATV                Distribution Design, Service and                Installation. |
|--------|--------|-----------------------------------------------------------------------------------|

|   | · | Data                and Telecommunication room design and                installation. |
|--------|--------|----------------------------------------------------------------------------------------|

**Recent      Developments**

----

**Critical      Accounting Policies**

*Accounting      for Convertible Securities with Beneficial Conversion Features or Contingently      Adjustable Conversion Ratios.*

**Results      of Operations**

*Three      Months Ended June 20, 2008 and 2007*

----

*Six      months ended June 30, 2008 and 2007*

***Liquidity      and Capital Resources***

***Off-Balance      Sheet Transactions***

----

***Material      Commitments***

**ITEM      3. **
**QUANTITATIVE      AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.**

**ITEM      4. CONTROLS AND PROCEDURES.**

*Evaluation      of disclosure controls and procedures.*

*Changes      in internal control.*

----

**PART      II - OTHER INFORMATION**

**Item      1. Legal Proceedings.**

**Item      1A. Risk Factors**

**Item      2. Unregistered Sales of Equity Securities and Use of      Proceeds.**

| **Date                of Issue** |   | **Number of Shares Issued** |            | **Aggregate Sales Price** |   | **Nature of Transaction** |   |
|----------------------------------|--------|--------------------------------------------|-----------------|-------------------------------------|--------|-------------------------------------|--------|
| 04/02/08                         |   |                                       | 2,006,110       |                                | $      | 2,556                               |   |   | Debt                Repayment |   |
| 04/02/08                         |   |                                       | 1,500,000       |                                |   | 5,550                               |   |   | Payment                for Services |   |
| 04/02/08                         |   |                                       | 2,200,000       |                                |   | 8,140                               |   |   | Preferred                A conversion |   |
| 04/15/08                         |   |                                       | 2,188,000       |                                |   | 4,376                               |   |   | Preferred                A conversion |   |
| 04/15/08                         |   |                                       | 4,400,000       |                                |   | 6,280                               |   |   | Debt                Repayment |   |
| 04/16/08                         |   |                                       | 2,000,000       |                                |   | 4,000                               |   |   | Payment                for Services |   |
| 04/17/08                         |   |                                       | 2,600,000       |                                |   | 4,680                               |   |   | Preferred                A conversion |   |
| 05/07/08                         |   |                                       | 2,000,000       |                                |   | 2,400                               |   |   | Debt                Repayment |   |
| 05/09/08                         |   |                                       | 6,111,111       |                                |   | 12,222                              |   |   | Cash                for Stock |   |
| 05/12/08                         |   |                                       | 2,880,000       |                                |   | 4,608                               |   |   | Preferred                A conversion |   |
| 05/14/08                         |   |                                       | 2,000,000       |                                |   | 2,200                               |   |   | Debt                Repayment |   |
| 05/15/08                         |   |                                       | 3,300,000       |                                |   | 4,950                               |   |   | Preferred                A conversion |   |
| 05/22/08                         |   |                                       | 3,500,000       |                                |   | 4,550                               |   |   | Payment                for Services |   |
| 05/22/08                         |   |                                       | 2,000,000       |                                |   | 1,400                               |   |   | Debt                Repayment |   |
| 05/26/08                         |   |                                       | 3,026,000       |                                |   | 3,631                               |   |   | Preferred                A conversion |   |
| 06/03/08                         |   |                                       | 3,700,000       |                                |   | 3,700                               |   |   | Preferred                A conversion |   |
| 06/05/08                         |   |                                       | 4,130,000       |                                |   | 2,024                               |   |   | Repayment                of debt |   |
| 06/08/08                         |   |                                       | 8,100,000       |                                |   | 3,969                               |   |   | Repayment                of debt |   |
| 06/30/08                         |   |                                       | 15,000,000      |                                |   | 48,000                              |   |   | Payment                for Services |   |
| 06/30/08                         |   |                                       | 9,568,800       |                                |   | 30,620                              |   |   | Preferred                A conversion |   |
| 06/30/08                         |   |                                       | 14,059,000      |                                |   | 6,889                               |   |   | Repayment                of debt |   |
| 06/30/08                         |   |                                       | 5,952,381       |                                |   | 19,048                              |   |   | Cash                for Stock |   |
| **Total**                        |   |                                       | **102,221,402** |                                | **$**  | **185,793**                         |   |   |   |   |

----

**Item      3. Defaults Upon Senior Securities.**

.

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

**Item      5. Other Information.**

**Item      6. Exhibits.**

| Exhibit No.  |   | Description                                                                                                                                                                                                                                                                                                                                        |
|------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                   |   |                                                                                                                                                                                                                                                                                                                                                    |
| 4.1                    |   | Amendment                of Designation After Issuance of Class or Series for Series B “Super                Voting” Preferred Stock (incorporated by reference to Exhibit 4.1 to the                Company’s Quarterly Report on Form 10Q for the quarter ended March 31,                2008, filed with the SEC on May 14, 2008). |
|                   |   |                                                                                                                                                                                                                                                                                                                                                    |
| 4.2                    |   | Certificate                of Designation for Series E Convertible Preferred Stock (incorporated                by                reference to Exhibit 4.2 to the Company’s Quarterly Report on Form 10Q for                the quarter ended March 31, 2008, filed with the SEC on May 14,                2008).                                 |
|                   |   |                                                                                                                                                                                                                                                                                                                                                    |
| 4.3                    |   | Certificate                of Designation for Series F Convertible Preferred Stock (incorporated                by                reference to Exhibit 4.3 to the Company’s Quarterly Report on Form 10Q for                the quarter ended March 31, 2008, filed with the SEC on May 14,                2008).                                 |
|                   |   |                                                                                                                                                                                                                                                                                                                                                    |
| 31.1                   |   | Certification                of Chief Executive Officer and Chief Financial Officer, James A.                Wheeler,                pursuant to Rules 13a-14(a) and 15d-14(a) of the Exchange                Act.                                                                                                                                      |
|                   |   |                                                                                                                                                                                                                                                                                                                                                    |
| 32.1                   |   | Certification                of Chief Executive Officer and Chief Financial Officer, James A.                Wheeler,                pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section                906 of                the Sarbanes-Oxley Act of 2002.                                                                            |

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**SIGNATURES**

|   | NW                TECH CAPITAL, INC.                                           |
|--------|--------------------------------------------------------------------------------|
|   |                                                                           |   |
|   | By:                                                                  | /s/ James                A. Wheeler |
|   | James                A. WheelerCEO,                CFO, President and Director |

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**EXHIBIT      INDEX**

| Exhibit No.                   |   | Description                                                                                                                                                                                                                                                                                                                                                                      |
|----------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                         |   |                                                                                                                                                                                                                                                                                                                                                                                  |
| 4.1                                          |   | Amendment                of Designation After Issuance of Class or Series for Series B “Super                Voting” Preferred Stock                (incorporated by reference to Exhibit 4.1 to the Company’s Quarterly                Report on Form 10Q for the quarter ended March 31, 2008, filed with                the                SEC on May 14, 2008). |
|                                         |   |                                                                                                                                                                                                                                                                                                                                                                                  |
| 4.2                                          |   | Certificate                of Designation for Series E Convertible Preferred Stock (incorporated                by reference to Exhibit 4.2 to the Company’s Quarterly Report on Form 10Q                for the quarter ended March 31, 2008, filed with the SEC on May 14,                2008).                                                                              |
|                                         |   |                                                                                                                                                                                                                                                                                                                                                                                  |
| 4.3                                          |   | Certificate                of Designation for Series F Convertible Preferred Stock (incorporated                by reference to Exhibit 4.3 to the Company’s Quarterly Report on Form 10Q                for the quarter ended March 31, 2008, filed with the SEC on May 14,                2008).                                                                              |
|                                         |   |                                                                                                                                                                                                                                                                                                                                                                                  |
| 31.1                                         |   | Certification                of Chief Executive Officer and Chief Financial Officer, James A.                Wheeler,                pursuant to Rules 13a-14(a) and 15d-14(a) of the Exchange                Act.                                                                                                                                                                    |
|                                         |   |                                                                                                                                                                                                                                                                                                                                                                                  |
| 32.1                                         |   | Certification                of Chief Executive Officer and Chief Financial Officer, James A.                Wheeler,                pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section                906 of                the Sarbanes-Oxley Act of 2002.                                                                                                          |

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