UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
DC 20549





**FORM
10-QSB**





[X]
    Quarterly
      Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of
      1934For
      the quarterly period endedMarch
      31, 2005[
       ]
    Transition
      Report pursuant to 13 or 15(d) of the Securities Exchange Act of
      1934For
      the transition period __________to__________Commission
      File Number:000-50762





CALIFORNIA
NEWS TECH


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





Nevada
    88-0417389(State
      or other jurisdiction of incorporation or organization)
    (IRS
      Employer Identification No.)








825
      Van Ness Ave., Suite 406-407, San Francisco, California
      94109(Address
      of principal executive offices)





415-861-3421(Issuer’s
      telephone number)_______________________________________________________________(Former
      name, former address and former fiscal year, if changed since last
      report)








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





State the
number of shares outstanding of each of the issuer’s classes of common stock, as
of the latest practicable date: 2,756,333 common shares as of March 31,
2005





Transitional
Small Business Disclosure Format (check one): Yes [ ] No [X]








***Table of Contents***











TABLE OF CONTENTS
    PagePART
      I - FINANCIAL INFORMATIONItem
      1:
    Financial Statements
    3Item
      2:
    Plan of Operation
    4Item
      3:
    Controls and Procedures
    7PART
      II - OTHER INFORMATIONItem
      1:
    Legal Proceedings
    9Item
      2:
    Unregistered Sales of Equity Securities and Use of
      Proceeds
    9Item
      3:
    Defaults Upon Senior Securities
    9Item
      4:
    Submission of Matters to a Vote of Security
      Holders
    9Item
      5:
    Other Information
    9Item
      6:
    Exhibits
    9





2
 ***Table of Contents***





**PART
I - FINANCIAL INFORMATION**





**Item
1.** **Financial
Statements**





Our
unaudited financial statements included in this Form 10-QSB are as
follows:





(a)
    Balance
      Sheet as of March 31, 2005.


(b)
    Statements
      of Operations for the three month periods ended March 31, 2005 and 2004;


(c)
    Statements
      of Cash Flow for the three month periods ended March 31, 2005 and 2004;


(d)
    Notes
      to Financial Statements.





These
unaudited financial statements have been prepared in accordance with accounting
principles generally accepted in the United States of America for interim
financial information and the SEC instructions to Form 10-QSB. In the opinion of
management, all adjustments considered necessary for a fair presentation have
been included. Operating results for the interim period ended March 31, 2005 are
not necessarily indicative of the results that can be expected for the full
year.





3
 ***Table of Contents***


California News Tech


Comparative Balance Sheet


As of March 31, 2005


**Mar
      31, 05**
    
    **Mar
      31, 04****ASSETS****Current
      Assets****Checking/Savings****1000
      · Bank of America Checking**
    
    
    36,534
    
    
    5,242**1005
      · Bank of America - Escrow**
    
    
    105,000
    
    
    0**1007
      · Bank of America-Expense Clear**
    
    
    778
    
    
    0**Total
      Checking/Savings**
    
    
    142,312
    
    
    5,242**Accounts
      Receivable****1240
      · Accounts Receivable - Other**
    
    
    653
    
    
    0**Total
      Accounts Receivable**
    
    
    653
    
    
    0**Total
      Current Assets**
    
    
    142,965
    
    
    5,242**Fixed
      Assets****1510
      · Equipment & Computers**
    
    
    9,811
    
    
    9,099**1750
      · Accumulated Depreciation**
    
    
    (8,605)
    
    
    (7,637)**Total
      Fixed Assets**
    
    
    1,206
    
    
    1,462**Other
      Assets****1800
      · Other Assets****1810
      · Investment-Stra. Inf. Tec-USA**
    
    
    55,000
    
    
    55,000**1820
      · Investment-Product Development**
    
    
    213,739
    
    
    213,739**1830
      · Website Development**
    
    
    31,860
    
    
    31,860**1840
      · Security Deposits**
    
    
    1,500
    
    
    0**Total
      1800 · Other Assets**
    
    
    302,099
    
    
    300,599**Total
      Other Assets**
    
    
    302,099
    
    
    300,599**TOTAL
      ASSETS**
    
    
    **446,270**
    
    
    **307,303****LIABILITIES
      & EQUITY****Liabilities****Current
      Liabilities****Accounts
      Payable****2000
      · Accounts Payable-Trade****2020
      · Accounts Payable**
    
    
    21,324
    
    
    46,419**Total
      2000 · Accounts Payable-Trade**
    
    
    21,324
    
    
    46,419**Total
      Accounts Payable**
    
    
    21,324
    
    
    46,419**Other
      Current Liabilities****2500
      · Notes Payable**
    
    
    43,500
    
    
    43,500**Total
      Other Current Liabilities**
    
    
    43,500
    
    
    43,500**Total
      Current Liabilities**
    
    
    64,824
    
    
    89,919**Long
      Term Liabilities****2700
      · LT Notes Payable**
    
    
    77,140
    
    
    77,140**Total
      Long Term Liabilities**
    
    
    77,140
    
    
    77,140**Total
      Liabilities**
    
    
    141,964
    
    
    167,059**Equity****3000
      · Capital Stock**
    
    
    8,374
    
    
    7,519**3030
      · Additional Paid-In Capital**
    
    
    1,173,751
    
    
    889,606**3040
      · Stock Registration Costs**
    
    
    (156,187)
    
    
    (155,350)**3100
      · Retained Earnings**
    
    
    (674,922)
    
    
    (590,743)**Net
      Income**
    
    
    (46,710)
    
    
    (10,788)**Total
      Equity**
    
    
    304,306
    
    
    140,244**TOTAL
      LIABILITIES & EQUITY**
    
    
    **446,270**
    
    
    **307,303**






F-1
 
 ***Table of Contents***


California News Tech


Statement of Operations


January through March 2005


**Jan
      - Mar 05**
    
    **Jan
      - Mar 04****Ordinary
      Income/Expense****Income****4000
      · Revenue**
    
    
    1,981
    
    
    0**Total
      Income**
    
    
    1,981
    
    
    0**Gross
      Profit**
    
    
    1,981
    
    
    0**Expense****4500
      · Website Development Costs**
    
    
    8,758
    
    
    0**4550
      · Website Operating Expenses**
    
    
    1,035
    
    
    0**4600
      · Advertising**
    
    
    900
    
    
    0**4620
      · Commission Expense**
    
    
    653
    
    
    0**5010
      · Officers Salary****5015
      · Executive Compensation-Direct**
    
    
    16,500
    
    
    0**Total
      5010 · Officers Salary**
    
    
    16,500
    
    
    0**5040
      · Rent - Office**
    
    
    2,000
    
    
    0**5050
      · Postage and Delivery**
    
    
    235
    
    
    41**5070
      · Office Equipment & Supplies****5071
      · Office Supplies**
    
    
    365
    
    
    0**5073
      · Office Equipment**
    
    
    190
    
    
    0**5070
      · Office Equipment & Supplies - Other**
    
    
    0
    
    
    65**Total
      5070 · Office Equipment & Supplies**
    
    
    555
    
    
    65**5080
      · Telephone**
    
    
    820
    
    
    722**5110
      · Legal & Professional Fees****5111
      · Legal Fees**
    
    
    10,091
    
    
    8,086**Total
      5110 · Legal & Professional Fees**
    
    
    10,091
    
    
    8,086**5117
      · Professional /Dues**
    
    
    8
    
    
    35**5150
      · Travel & Ent****5152
      · Meals**
    
    
    299
    
    
    20**Total
      5150 · Travel & Ent**
    
    
    299
    
    
    20**5160
      · Travel**
    
    
    21
    
    
    73**5170
      · Company Automobile Expense**
    
    
    278
    
    
    306**5180
      · Repairs****5183
      · Computer Repairs**
    
    
    0
    
    
    101**Total
      5180 · Repairs**
    
    
    0
    
    
    101**5200
      · Bank Service Charges****5210
      · Monthly Bank Service Fee**
    
    
    17
    
    
    75**5220
      · Credit Card Access/ Processing**
    
    
    165
    
    
    165**5230
      · Bank Wire/Service Fees**
    
    
    145
    
    
    45**Total
      5200 · Bank Service Charges**
    
    
    327
    
    
    285**5310
      · Prof. Dues and Subscriptions**
    
    
    5,500
    
    
    0**5400
      · Stock Registration & Transfer**
    
    
    125
    
    
    0**7010
      · State Taxes (FTB)****7011
      · State of NV-Franchise Tax Board**
    
    
    585
    
    
    255**7012
      · State of CA-Franchise Tax Brd**
    
    
    0
    
    
    800**Total
      7010 · State Taxes (FTB)**
    
    
    585
    
    
    1,055**Total
      Expense**
    
    
    48,690
    
    
    10,789**Net
      Ordinary Income**
    
    
    (46,709
    )
    
    (10,789
    )**Net
      Income**
    
    
    **(46,709**
    **)**
    
    **(10,789**
    **)**


F-2
 
 ***Table of Contents***


**California
New Tech**


**Comparative
Statement of Cash Flows**


**January
through March 2005**


****


****Jan
      - Mar 05**
    
    **Jan
      - Mar 04****OPERATING
      ACTIVITIES****Net
      Income**
    
    
    (46,710
    )
    
    (10,788
    )**Adjustments
      to reconcile Net Income****to
      net cash provided by operations:****1240
      · Accounts Receivable - Other**
    
    
    (146
    )
    
    0**1260
      · Prepaid Expense - Other**
    
    
    404
    
    
    0**2000
      · Accounts Payable-Trade:2020 · Accounts Payable**
    
    
    1,743
    
    
    7,506**Net
      cash provided by Operating Activities**
    
    
    (44,709
    )
    
    (3,282
    )**Net
      cash increase for period**
    
    
    (44,709
    )
    
    (3,282
    )**Cash
      at beginning of period**
    
    
    187,020
    
    
    8,524**Cash
      at end of period**
    
    
    **142,311**
    
    
    **5,242****











****


F-3
 ***Table of Contents***


****


**California
News Tech**
**Notes
to Financial Statements**
**As
of March 31, 2005 (Unaudited)**

Note
1.Going
Concern Uncertainty and Liquidity

Having
raised additional capital the Company will continue as a going concern.
Historically, the Company has incurred significant losses and negative cash
flows from operations. As of December 31, 2004, the accumulated deficit was
$674,922 and positive working capital was $124,851. As of March 31, 2005, the
accumulated deficit was $721,632 and the positive working capital was $78,141.
The Company has primarily funded operations through private placements and
recently a public offering. To the extent that sources of financing are
available the Company will promote its software, maintain its processing system
and continue to enhance its service. Management expects that future subscription
revenue will be sufficient to fund operations.

Note
2.Material
Events

Directors
and consultants have been granted option to purchase common shares. The granting
of options is administered by the board of directors with grant and vesting
provisions, term and exercise price subject to the discretion of the board. The
following table summarizes information about stock options outstanding at March
31, 2004.

Grant
      Date
    Exercise
      Price
    Options
      Outstanding
    Options
      Exercisable2001
    $0.20
    0
    02001-2002
    $0.80
    328,900
    328,9002002
    $1.00
    60,500
    60,5002003
    $1.00
    179,200
    179,2002004
    $1.00
    146,000
    146,0002005
    $1.00
    36,000
    36,000

According
to SFAS 123, options granted to non-employees are accounted for based on the
fair market value of the goods or services received or the fair value of the
equity instrument issued, whichever can be more reliably measured.

As
the value of services rendered by related parties is a matter of conjecture, the
fair value of the options granted is the more reliable measure. The exercise
price of the options was the market price of the shares at the grant date, thus
giving the options no value and no expenses has been recorded.

Note
4.Net Loss
per Common Share

The
following potential common shares should be excluded from any calculation of
diluted net loss per share for the periods presented because the effect would
have been antidilutive:

YTD
      3/31/05
    Y/E
      12/31/04Shares
      issuable under stock options
    746,700
    710,700Shares
      issuable pursuant to warrants
    288,500
    288,500

The
weighted average exercise price of stock options was $0.913 and $0.909 at March
31, 2005 and December 31, 2004, respectfully.




F-4
 ***Table of Contents***


****


**Item 2.     Planof
Operation**





**Forward-Looking
Statements**





Historical
results and trends should not be taken as indicative of future operations.
Management’s statements contained in this report that are not historical facts
are forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities and
Exchange Act of 1934 (the “Exchange Act”), as amended. Actual results may differ
materially from those included in the forward-looking statements. The Company
intends such forward-looking statements to be covered by the safe-harbor
provisions for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995, and is including this statement for purposes of
complying with those safe-harbor provisions. Forward-looking statements, which
are based on certain assumptions and describe future plans, strategies and
expectations of the Company, are generally identifiable by use of the
words “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,”
“prospects,” or similar expressions. The Company’s ability to predict results or
the actual effect of future plans or strategies is inherently uncertain. Factors
which could have a material adverse affect on the operations and future
prospects of the Company on a consolidated basis include, but are not limited
to: changes in economic conditions, legislative/regulatory changes, availability
of capital, interest rates, competition, and generally accepted accounting
principles. These risks and uncertainties should be considered in evaluating
forward-looking statements and undue reliance should not be placed on such
statements. Further information concerning the Company and its business,
including additional factors that could materially affect the Company’s
financial results, is included herein and in the Company’s other filings with
the SEC.





**Plan
of Operation**





Our
business model relies on the capability of giving our customers near real-time
measurement and trend analysis of the media sentiment about the public companies
they may wish to track. We believe that our customers are interested in media
sentiment because they may believe that media sentiment either reflects public
sentiment, drives public sentiment, or both, and that public sentiment affects
the economy and particular companies. We created our research product, Media
SentimentTM, by using our computer systems to search the Internet for publicly
available media reports about publicly traded companies. We use a proprietary
Internet search engine technology that is focused on searching strictly news and
publicly traded corporate websites. Our computer systems analyze the news
reports published on the Internet using our proprietary software to measure the
sentiment. Our systems measure sentiment by searching each media report for
certain key words and phrases that we have previously identified both as
significant to determining sentiment and as indicative of either positive or
negative sentiment. By quantifying the number of words or phrases in a media
report that indicate positive or negative sentiment, we then classify each
report as a whole as positive, negative or neutral. Next we total the number of
each of the positive, negative and neutral reports and then calculate the
percentage each category represents of the overall media coverage for the
requested period of time. The results are then displayed graphically for the
benefit of our customers on our password protected website. Our computers have
been collecting and analyzing media reports since June of 2002, which allows us
to present both historical and current information so that our customers can
also observe any trends. Our system further allows our customers to access the
source media reports and abstracts of the source reports, also prepared by our
software, should they wish to review any of the media reports that underlie our
graphs.





For the
next twelve months, we plan to implement the first and second phases of our
marketing plan and make efforts to continually improve our technology systems
and product. The execution of our business plan in the next twelve months is
contingent upon us obtaining additional financing through another debt or equity
financing arrangement or through increased sales. If we are unable to
obtain





4
 ***Table of Contents***





additional
financing, the implementation of our business plan will be impaired.





Marketing
Plan





We are
currently in the final stages of updating and revising our website. We recently
released the first beta of our new web site, www.mediasentiment.com , which
we have developed during the period ending March 31, 2005. We have also created
new names.





We plan
to take the following actions as a part of the first phase of our market
plan:





·
    Purchase
      keywords advertising from online providers such as Google, Yahoo and
      others who offer such online services.


·
    Seek
      affiliate relationships with other websites that would place on their
      website information about our product and links and/or images to our
      website.


·
    Purchase
      banner and text advertising space on other financial/investment companies’
      web sites.


·
    Market
      directly via focused e-mail campaigns by purchasing lists that focus on
      our target customer.


·
    Examine
      the feasibility of recruiting and using a sales force of independent sales
      representatives.




During
the first phase of our marketing plan, we will target on-line investors. We plan
to recruit and use a sales force of independent sales representatives which will
work on a commission basis to generate subscription sales. In addition, we plan
to generate subscription sales by seeking affiliate relationships with other
websites that would place on their website information about our product with
links and/or images to our website. We anticipate completing the first phase of
our marketing plan during the third and fourth quarters of 2005.




During
the second phase of our marketing plan, we will target corporations with an
online presence, small to medium size online broker companies, financial
portals, and financial data distributors. We are still in the process of
developing detailed plans to implement this second phase of marketing.





For the
third phase of our marketing plan, we intend to target major corporations,
online broker firms, financial portals and financial data distributors. We are
still in the process of developing detailed plans to implement this third phase
of marketing. We do not anticipate being able to begin the third phase for at
least twelve months.





Product
Development





At the
present time, we have released the first version of the Media SentimentTM product
which offers the following:





(1)
    Media
      sentiment measurement and trend analysis for Nasdaq and NYSE public
      companies based on searches of 6,000 plus news web sites, including the
      news sections of the individual company’s web sites.





(2)
    The
      tracking of media sentiment indices for three (3) major indices including
      the following:





(a)
    companies
      which are part of the Nasdaq 100 index);




(b)
    Media
      SentimentTM 30 (based on measurements of the media sentiment of the 30
      companies that are part of the Dow Jones Industrial Index); and


(c)
    Media
      SentimentTM 500 (based on measurements of the media sentiment of the 500
      companies that are part of the S&P 500 index).





5
 ***Table of Contents***





We have
determined that this first version of Media SentimentTM could be improved to
offer more powerful search capabilities and cover more news sources and public
companies.





We are
continuing the development of a new feature of our product, which we refer to as
“Heads-Up”. This new feature will offer near real-time collection, analysis and
display of the media sentiment of current news that public companies post on the
Internet. The focus of our initial release of this feature will be to present
our customers with a media sentiment of the Earnings Release for reporting
companies. Our intention is to utilize our proprietary media sentiment analysis
and provide a thumbs-up/thumbs-down recommendation within minutes from the time
that an Earnings Release is available on a public company’s web site. The new
Heads-Up feature is currently in beta testing.





During
the next twelve months, we also plan to continually improve our technology
systems and product. We plan to develop future versions of Media SentimentTM that
will increase the number of news sources to be interrogated by our search
engine, seek to implement more user friendly tools to enhance the performance of
our product, and improve and further develop the trend graphs. We also plan,
with updated versions of our product, to enable real-time processing of
increased news sources.





Our
operational objectives with respect to Media SentimentTM  are
to:





·
    Position
      our company as a finely focused informational service provider, and





·
    Commence
      marketing of Media SentimentTM by the end of the third quarter
      2005





We intend
to increase our employees to handle the additional demands associated with
expansion of our customer base when needed. We may hire additional employees to
assist us with sales, customer service, technical support, website management
and development, as well as administration. If we hire additional employees, we
will then need to lease additional office space to accommodate the associated
growth in the number of employees and computer servers.





Further,
we plan to continue our current efforts in market research and development. As
part of this process, we will continuously survey the online investor community
to gain an understanding of investors’ likes and dislikes. Based upon this
feedback, we will consider the merits of offering additional products and
services and of proceeding with anticipated expansions. These anticipated
expansions include moving into new facilities and hiring additional employees
provided we are successful in increasing our sales of Media SentimentTM.





We do not
anticipate purchasing any real property during the next twelve (12) months. We
anticipate purchasing computer servers for an estimated cost of $10,000 to
$20,000 over the next twelve months.





**Assets**





Our total
assets as of March 31, 2005 were $446,270, including cash in the amount of
$142,312.





**Liabilities
and Stockholders Equity**





Our total
liabilities as of March 31, 2005 were $141,964. On March 31, 2005, our
liabilities consisted of accounts payable in the amount of $21,324, short term
notes payable in the amount of $43,500, and long term notes payable in the
amount of $77,140.





As of
March 31, 2005, Stockholders’ Equity was $304,306.





6
 ***Table of Contents***


****


**Results
of Operations**





We
generated revenue in the amount of $1,981 during the three month period ended
March 31, 2005. Our revenue for the reporting was generated through the receipt
of rental fees for the use of our mailing lists. We did not generate any revenue
in the three month period ended March 31, 2004. We do not anticipate earning
significant revenues until such time as we are able to begin charging
subscribers of our online media analysis service, sometime during the second or
third quarter of 2005.





We
incurred operating expenses in the amount of $48,690 for the three months ended
March 31, 2005, compared to operating expenses of $10,789 for the three months
ended March 31, 2004. The increase in our operating expenses for the three
months ended March 31, 2005 was primarily attributable to expenditures for the
development of our new website and the payment of executive compensation. During
the reporting period, we incurred $8,758 in website development costs and paid
$16,500 in executive compensation. We did not incur any website development
costs or pay any executive compensation in the three month period ended March
31, 2004.





**Liquidity
and Capital Resources**





On March
31, 2005, we had cash in the amount of $142,312, which primarily resulted from
funds raised in our public equity offering that closed in the last quarter of
2004. As of March 31, 2005, we had total current assets in the amount of 142,965
and total current liabilities of $64,824. As a result, our working capital on
March 31, 2005 was $78,141.





We intend
to fund operations over the next twelve months through increased sales, and debt
and/or equity financing arrangements, which may be insufficient to fund our
capital expenditures, working capital or other cash requirements for the next
twelve months. The completion of our business plan for the next 12 months is
contingent upon us obtaining additional financing. If we are unable to obtain
additional financing, the full implementation of our business plan will be
impaired.





**Off
Balance Sheet Arrangements**





As of
March 31, 2005, there were no off balance sheet arrangements .





**Item 3.     Controlsand Procedures**





We
carried out an evaluation of the effectiveness of the design and operation of
our disclosure controls and procedures (as defined in Exchange Act Rules
13a-15(e) and 15d-15(e)) as of March 31, 2005. This evaluation was carried out
under the supervision and with the participation of our Chief Executive Officer,
Mr. Marian Munz, and Chief Financial Officer, Mr. Robert C. Jaspar. Based upon
that evaluation, our Chief Executive Officer and Chief Financial Officer
concluded that, as of March 31, 2005, our disclosure controls and procedures are
effective. There have been no significant changes in our internal controls over
financial reporting during the quarter ended March 31, 2005 that have materially
affected or are reasonably likely to materially affect such controls.





Disclosure
controls and procedures are controls and other procedures that are designed to
ensure that information required to be disclosed in our reports filed or
submitted under the Exchange Act are recorded, processed, summarized and
reported, within the time periods specified in the SEC's rules and forms.
Disclosure controls and procedures include, without limitation, controls and
procedures designed to ensure that information required to be disclosed in our
reports filed under the Exchange Act is accumulated and communicated to
management, including our Chief Executive Officer and Chief Financial Officer,
to allow timely decisions regarding required disclosure.





7
 ***Table of Contents***





Limitations
on the Effectiveness of Internal Controls





Our
management does not expect that our disclosure controls and procedures or our
internal control over financial reporting will necessarily prevent all fraud and
material error. An internal control system, no matter how well conceived and
operated, can provide only reasonable, not absolute, assurance that the
objectives of the control system are met. Further, the design of a control
system must reflect the fact that there are resource constraints, and the
benefits of controls must be considered relative to their costs. Because of the
inherent limitations in all control systems, no evaluation of controls can
provide absolute assurance that all control issues and instances of fraud, if
any, within the Company have been detected. These inherent limitations include
the realities that judgments in decision-making can be faulty, and that
breakdowns can occur because of simple error or mistake. Additionally, controls
can be circumvented by the individual acts of some persons, by collusion of two
or more people, or by management override of the internal control. The design of
any system of controls also is based in part upon certain assumptions about the
likelihood of future events, and there can be no assurance that any design will
succeed in achieving its stated goals under all potential future conditions.
Over time, control may become inadequate because of changes in conditions, or
the degree of compliance with the policies or procedures may deteriorate.














8
 ***Table of Contents***


****


**PART
II - OTHER INFORMATION**





**Item 1.   Legal
Proceedings**





We are
not currently a party to any legal proceedings.





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





During
the three month period ended March 31, 2005, we have not made any unregistered
sales of equity securities.





**Item 3.   Defaults upon Senior
Securities**





None





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





No
matters have been submitted to our security holders for a vote, through the
solicitation of proxies or otherwise, during the first quarter of the fiscal
year ended March 31, 2005.





**Item 5.   Other
Information**





None





**Item 6.   Exhibits**





**Exhibit
      Number**
    **Description
      of Exhibit**31.1
    Certification of Chief Executive Officer pursuant to
      18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the
      Sarbanes-Oxley Act of 200231.2
    Certification of Chief Financial Officer pursuant to
      18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the
      Sarbanes-Oxley Act of 200232.1
    Certification of Chief Executive Officer pursuant to
      18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
      Sarbanes-Oxley Act of 2002











9
 ***Table of Contents***








**SIGNATURES**





In
accordance with the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.





**CALIFORNIA
      NEWS TECH**Date:
    May
      16, 2005By:      
      /s/ Marian
      Munz
      **Marian
      Munz**
      Title:**Chief
      Executive Officer**















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