SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q
                  Quarterly Report Under Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

                       For the Period ended April 30, 2008

                         Commission File Number 0-30987


                        Advanced Technologies Group, Ltd.
             (Exact name of Registrant as specified in its Charter)

           Nevada                                               80-0987213
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization)                           Identification Number)

                          921 Bergen Avenue, Suite 405,
                              Jersey City, NJ 07306
                                  201-680-7142
          (Address and telephone number of principal executive offices)

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

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer or a smaller reporting company.

Large accelerated filer [ ]                        Accelerated Filer [ ]

Non-accelerated filer [ ]                          Smaller reporting company [X]
(Do Not Check if a Smaller Reporting Company)

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

As of April 30, 2008, the registrant had 18,268,104 shares of common stock
$0.0001 par value, issued and outstanding.
<PAGE>
                                TABLE OF CONTENTS

                                                                            Page
                                                                            ----

Part 1. Financial Information

     Item 1. Condensed Consolidated Financial Statements                       3

          Balance sheet as of April 30, 2008 and January 31, 2008              4

          Statement of income (loss) for three months ended
          April 30, 2008 and 2007                                              5

          Statement of cash flows for three months ended
          April 30, 2008 and 2007                                              6

          Statement of changes in shareholders equity for the
          nine months ended April 30, 2008                                     7

          Notes to condensed consolidated financial statements                 8

     Item 2. Management's discussion and analysis of financial condition      13

Part II. Other Information

     Item 6. Exhibits                                                         16

Signatures                                                                    17

                                       2
<PAGE>
                          PART I: FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

The following unaudited consolidated financial statements have been prepared by
Advanced Technologies Group, Ltd. (the "Company" or "ATG") pursuant to the rules
and regulations of the Securities and Exchange Commission promulgated under the
Securities Exchange Act of 1934 as amended. Certain information and footnote
disclosures normally included in financial statements prepared in accordance
with generally accepted accounting principals have been condensed or omitted
pursuant to such rules and regulations. In the opinion of the Company's
management, the consolidated financial statements include all adjustments
(consisting only of adjustments of a normal, recurring nature) necessary to
present fairly the financial information set forth herein.

                                       3
<PAGE>
                        Advanced Technologies Group, Ltd.
                           Consolidated Balance Sheets
                    As of April 30, 2008 and January 31, 2008

<TABLE>
<CAPTION>
                                                                                  30-Apr-08              31-Jan-08
                                                                                 ------------           ------------
<S>                                                                              <C>                    <C>
ASSETS

Current assets:
  Cash & short term deposits                                                     $     48,413           $     67,287
                                                                                 ------------           ------------
      Total current assets                                                             48,413                 67,287

Other assets:
  Security deposit                                                                     45,000                 45,000
  Trademark - net                                                                       7,724                  7,873
                                                                                 ------------           ------------

      Total assets                                                               $    101,137           $    120,160
                                                                                 ============           ============

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:
  Accounts payable & accrued expenses                                            $     26,380           $     26,380
                                                                                 ------------           ------------
      Total current liabilities                                                        26,380                 26,380

Shareholder advance                                                                     4,600                  4,600

Shareholders' equity:
  Series A preferred stock, one share convertible to one share of common;
   13% cumulative non-participating, authorized 1,000,000 shares at
   stated value of $3 per share, issued and outstanding 762,081 shares           $  1,712,601           $  1,712,601
  Series B preferred stock, one share convertible to one share of common;
   6% cumulative non-participating, authorized 7,000,000 shares at
   stated value of $3 per share, issued and outstanding 1,609,955 shares            4,384,754              4,384,754
  Common stock - $.0001 par value, authorized 100,000,000 shares,
   issued and outstanding, 18,268,104 shares                                            1,827                  1,827
  Additional paid in capital                                                       32,664,364             32,664,364
  Accumulated deficit                                                             (38,693,389)           (38,674,366)
                                                                                 ------------           ------------
      Total shareholders' equity                                                       70,157                 89,180
                                                                                 ------------           ------------

      Total Liabilities & Shareholders' Equity                                   $    101,137           $    120,160
                                                                                 ============           ============
</TABLE>


See the notes to the financial statements.

                                       4
<PAGE>
                        Advanced Technologies Group, Ltd.
                      Consolidated Statements of Operations
            For the Quarters Ended April 30, 2008 and April 30, 2007

<TABLE>
<CAPTION>
                                                        30-Apr-08              30-Apr-07
                                                       ------------           ------------
<S>                                                    <C>                    <C>
Revenues:
  Revenues from software maintenance                   $          0           $    274,000
  Software maintenance costs                                      0               (224,988)
                                                       ------------           ------------
      Net revenues                                                0                 49,012

General and administrative expenses:
  Salaries and benefits                                       5,117                103,761
  Promotion & investor relations                                  0                  2,840
  Consulting                                                      0                  3,944
  General administration                                     54,979                 83,371
  Depreciation                                                    0                  5,548
                                                       ------------           ------------
      Total general & administrative expenses                60,096                199,464
                                                       ------------           ------------

Net loss from operations                                    (60,096)              (150,452)

Other revenues and expenses:
  Interest income                                                57                    562
  Sub-lease income                                           41,016                 27,658
                                                       ------------           ------------

Net loss before provision for income taxes                  (19,023)              (122,232)

Provision for income taxes                                        0                      0
                                                       ------------           ------------

Net loss                                               $    (19,023)          $   (122,232)
                                                       ============           ============

Loss per common share:
  Basic & fully diluted                                $      (0.00)          $      (0.01)

Weighted average of common shares:
  Basic & fully diluted                                  18,268,104             18,056,673
</TABLE>


See the notes to the financial statements.

                                       5
<PAGE>
                        Advanced Technologies Group, Ltd.
                      Consolidated Statements of Cash Flows
            For the Quarters Ended April 30, 2008 and April 30, 2007

<TABLE>
<CAPTION>
                                                               30-Apr-08           30-Apr-07
                                                               ---------           ---------
<S>                                                            <C>                 <C>
Operating Activities:
  Net loss                                                     ($ 19,023)          ($122,232)
  Adjustments to reconcile net loss items
   not requiring the use of cash:
     Amortization                                                    149                 148
     Depreciation                                                      0               5,548
  Changes in other operating assets and liabilities:
     Accounts payable                                                  0             (49,960)
                                                               ---------           ---------
Net cash used by operations                                    ($ 18,874)          ($166,496)
                                                               ---------           ---------

Net decrease in cash during the year                           ($ 18,874)          ($166,496)

Cash balance at January 31st                                      67,287             262,081
                                                               ---------           ---------

Cash balance at April 30th                                     $  48,413           $  95,585
                                                               =========           =========

Supplemental disclosures of cash flow information:
  Interest paid during the year                                $       0           $       0
  Income taxes paid during the year                            $       0           $       0
</TABLE>


See the notes to the financial statements.

                                       6
<PAGE>
                        Advanced Technologies Group, Ltd.
            Consolidated Statement of Changes in Shareholders' Equity
            For the Quarters Ended April 30, 2008 and April 30, 2007

<TABLE>
<CAPTION>
                               Common      Common     Preferred     Preferred       Paid in       Accumulated
                               Shares     Par Value     Shares        Value         Capital         Deficit          Total
                               ------     ---------     ------        -----         -------         -------          -----
<S>                          <C>           <C>         <C>          <C>            <C>            <C>              <C>
Balance at January 31, 2008  18,268,104    $ 1,827     2,372,036    $6,097,355     $32,664,364    $(38,674,366)    $  89,180

Net loss for the period                                                                                (19,023)      (19,023)
                             ----------    -------     ---------    ----------     -----------    ------------     ---------

Balance at April 30, 2008    18,268,104    $ 1,827     2,372,036    $6,097,355     $32,664,364    $(38,693,389)    $  70,157
                             ==========    =======     =========    ==========     ===========    ============     =========

Balance at January 31, 2007  18,056,673    $ 1,806     2,372,036    $6,097,355     $32,639,013    $(38,488,187)    $ 249,987

Net loss for the period                                                                               (122,232)     (122,232)
                             ----------    -------     ---------    ----------     -----------    ------------     ---------

Balance at April 30, 2007    18,056,673    $ 1,806     2,372,036    $6,097,355     $32,639,013    $(38,610,419)    $ 127,755
                             ==========    =======     =========    ==========     ===========    ============     =========
</TABLE>


See the notes to the financial statements.

                                       7
<PAGE>
                        Advanced Technologies Group, Ltd.
                 Notes to the Consolidated Financial Statements
            For the Quarters Ended April 30, 2008 and April 30, 2007


1. ORGANIZATION OF THE COMPANY AND SIGNIFICANT ACCOUNTING PRINCIPLES

Advanced Technologies Group, Ltd. (the Company) was incorporated in the State of
Nevada in February 2000. The Company is the designer of the FX3000, a foreign
currency trading software platform. In March 2002, the Company sold the FX3000
software platform, for a 25% interest in a joint venture, FX Direct Dealer LLC
("FXDD"), a company that markets the FX3000 software. The Company does not have
operational control over FXDD. Tradition NA and its officers are the 75% owners
of FXDD.

The Company provides programming service upgrades to the joint venture on the
FX3000. In addition, the Company provides the users of the FX3000 program 24
hour help desk services.

CONSOLIDATION- the accompanying consolidated financial statements include the
accounts of the company and its wholly owned subsidiaries. All significant
inter-company balances have been eliminated.

USE OF ESTIMATES- The preparation of the consolidated financial statements in
conformity with generally accepted accounting principles requires management to
make reasonable estimates and assumptions that affect the reported amounts of
the assets and liabilities and disclosure of contingent assets and liabilities
and the reported amounts of revenues and expenses at the date of the financial
statements and for the period they include. Actual results may differ from these
estimates.

REVENUE RECOGNITION- The Company provides software maintenance and support
services for the users of the FX3000 program. The Company receives a monthly fee
from the joint venture for these services. Revenues received for the maintenance
and support services are recognized by the Company when they are earned.

Under the terms of the agreement, Tradition NA is entitled to a full
reimbursement of its startup costs and initial losses on the joint venture
incurred prior to any revenue payments to the Company. The Company is not liable
for any losses on the joint venture. The Company's interest in the joint venture
is accounted for on a cost basis and adjusted for any net profits of the joint
venture. Profit sharing revenues received from the joint venture are first
applied to the cost of the investment and then to revenues.

The Company has received no profit sharing revenues since its investment in the
joint venture in March 2002.

                                       8
<PAGE>
CASH AND INTEREST BEARING DEPOSITS- For the purpose of calculating changes in
cash flows, cash includes all cash balances and highly liquid short-term
investments with an original maturity of three months or less.

LONG LIVED ASSETS- The Company reviews for the impairment of long-lived assets
whenever events or changes in circumstances indicate that the carrying amount of
an asset may not be recoverable. An impairment loss would be recognized when
estimated future cash flows expected to result from the use of the asset and its
eventual disposition is less than its carrying amount.

INCOME TAXES- The Company accounts for income taxes in accordance with the
Statement of Accounting Standards No. 109 (SFAS No. 109), "ACCOUNTING FOR INCOME
TAXES". SFAS No. 109 requires an asset and liability approach to financial
accounting and reporting for income taxes. Deferred income tax assets and
liabilities are computed annually for differences between financial statement
and income tax bases of assets and liabilities that will result in taxable
income or deductible expenses in the future based on enacted tax laws and rates
applicable to the periods in which the differences are expected to affect
taxable income. Valuation allowances are established when necessary to reduce
deferred tax assets and liabilities to the amount expected to be realized.
Income tax expense is the tax payable or refundable for the period adjusted for
the change during the period in deferred tax assets and liabilities.

2. GOING CONCERN

The accompanying consolidated financial statements have been presented in
accordance with generally accepted accounting principals, which assume the
continuity of the Company as a going concern. Since the joint venture
agreement's inception in 2002, the Company's sole source of revenues has been
from the software maintenance revenues on the FXDD software received from the
joint venture. In December 2007, the Company was notified by the majority owner
of the joint venture that the Company would no longer be the maintenance
provider for the software. Consequently, the Company's sole source of revenue
for the prior fiscal years has been lost effective December 2007.

The cessation of the software maintenance revenues associated with the FXDD, and
the Company's continued failure to achieve profitability in the current and past
several fiscal years, raises significant doubt as to the ability of the Company
to continue as a going concern.

Management's plans with regard to this matter are as follows:

The Company still maintains a 25% equity investment in the FXDD joint venture
with Tradition NA, however, the Company has received no revenues on this
interest and does not expect to receive any revenues on this interest in the
foreseeable future. Therefore, management plans to concentrate its efforts on
the marketing or sale of its PromotionStat software program. The PromotionStat

                                       9
<PAGE>
software allows a user to analyze the effectiveness of advertising and
promotional campaigns of a web site. The software tracks visitors to a web site
via a series of invisible data collectors placed within the individual pages of
the web site.

Although the existing cash resources are currently expected to provide
sufficient funds through the upcoming year, the continuation of the Company as a
going concern for a period of longer than the upcoming year is dependent upon
the ability of the Company to obtain the necessary financing to continue
operations.

Management cannot ensure the eventual success of its efforts to market the
PromotionStat software program.

3. NET LOSS PER SHARE

The Company applies SFAS No. 128, EARNINGS PER SHARE to compute net loss per
share. In accordance with SFAS No. 128, basic net loss per share has been
computed based on the weighted average of common shares outstanding during the
years. Diluted net loss per share gives the effect of outstanding common stock
equivalents which are convertible into common stock.

                                               30-Apr-08             30-Apr-07
                                              -----------           -----------

     Net loss                                 $   (19,023)          $  (122,232)

     Preferred dividends in arrears                     0                     0
                                              -----------           -----------

     Loss available to common shares          $   (19,023)          $  (122,232)
                                              ===========           ===========

     Shares outstanding                        18,268,104            18,056,673
                                              ===========           ===========

     Weighted average                          18,268,104            18,056,673
                                              ===========           ===========

     Loss per common share:
     Basic & fully diluted                    $     (0.00)          $     (0.01)
                                              ===========           ===========

                                      10
<PAGE>
4. WARRANTS OUTSTANDING

The following table summarizes the details of the number of warrants issued and
outstanding, the weighted average exercise price of the warrants, and weighted
average years remaining on the warrants.

                                                                      Wgtd Avg
                                                      Wgtd Avg        Years to
                                     Amount        Exercise Price     Maturity
                                     ------        --------------     --------

Outstanding at January 31, 2006     2,898,158           $ 5             2.56
Issued                              2,122,092
Expired                            (1,184,560)
Exercised                                   0
                                   ----------

Outstanding at January 31, 2007     3,835,690           $ 5             2.52
Issued                                      0
Expired                                     0
Exercised                                   0
                                   ----------

Outstanding at January 31, 2008     3,835,690           $ 5             1.52
Issued                                      0
Expired                                     0
Exercised                                   0
                                   ----------

Outstanding at April 30, 2008       3,835,690           $ 5             1.27
                                   ==========

                                       11
<PAGE>
5. INCOME TAXES

Provision for income taxes is comprised of the following:

                                                       30-Apr-08      30-Apr-07
                                                       ---------      ---------

Net loss before provision for income taxes             $ (19,023)     $(150,452)
                                                       =========      =========
Current tax expense:
  Federal                                              $       0      $       0
  State                                                        0              0
                                                       ---------      ---------
  Total                                                $       0      $       0

Less deferred tax benefit:
  Timing differences                                    (119,581)      (326,708)
  Allowance for recoverability                           119,581        326,708
                                                       ---------      ---------
  Provision for income taxes                           $       0      $       0
                                                       =========      =========

A reconciliation of provision for income taxes at the statutory rate to
provision for income taxes at the Company's effective tax rate is as follows:

Statutory U.S. federal rate                                   34%            34%
Statutory state and local income tax                          10%            10%
Less allowance for tax recoverability                        -44%           -44%
                                                       ---------      ---------
Effective rate                                                 0%             0%
                                                       =========      =========

Deferred income taxes are comprised of the following:

Timing differences                                     $ 119,581      $ 326,708
Allowance for recoverability                            (119,581)      (326,708)
                                                       ---------      ---------
Deferred tax benefit                                   $       0      $       0
                                                       =========      =========

Note: The deferred tax benefits arising from the timing differences expires in
fiscal years 2027 and 2028 and may not be recoverable upon the purchase of the
Company under current IRS statutes.

                                       12
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

Advanced Technologies Group, Ltd. (the Company), formerly SeventhCai, Inc., was
incorporated in the State of Nevada in February 2000. In January 2001, the
Company changed its name to Advanced Technologies Group, Ltd., and purchased
100% of the issued and outstanding shares of FX3000, Inc., a Delaware
corporation, the designer of the FX3000 web-based software platform. The FX3000
software platform is a financial real time quote and money management platform
for use by independent foreign currency traders. In March 2002, the Company
transferred its FX3000 platform to FXDD, a joint venture company that markets
the FX3000 software platform. The Company received a 25% interest in the company
in return for the transfer. The remaining 75% of the joint venture company is
owned by Tradition, N.A., a major, Swiss-based financial company. On December
29, 2006, Tradition, N.A. sold 80% of its interest in FXDD to its Chief
Executive Officer. Tradition NA retains 15% ownership interest.

The Company also is the developer of the PromotionStat software program, which
assists on-line advertisers in monitoring their marketing effectiveness and
which is marketed through the Company's subsidiary, PromotionStat Inc. The
Company, through its wholly owned subsidiaries, seeks to generate revenue
through its investment in FXDD and the PromotionStat E-commerce advertising
screening platform software.

GENERAL STATEMENT: FACTORS THAT MAY AFFECT FUTURE RESULTS

With the exception of historical information, the matters discussed in
Management's Discussion and Analysis of Financial Condition and Results of
Operations contain forward looking statements under the 1995 Private Securities
Litigation Reform Act that involve various risks and uncertainties. Typically,
these statements are indicated by words such as "anticipates", "expects",
"believes", "plans", "could", and similar words and phrases. Factors that could
cause the company's actual results to differ materially from management's
projections, forecasts, estimates and expectations include but are not limited
to the following:

     *    Inability of the company to secure additional financing

     *    Unexpected economic changes in the United States

     *    The imposition of new restrictions or regulations by government
          agencies that affect the Company's business activities.

To the extent possible, the following discussion will highlight the activities
of the Company's business activities for the three months ended April 2008 and
April 2007.

                                       13
<PAGE>
I. RESULTS OF OPERATIONS

COMPARISON OF OPERATING RESULTS

CONSOLIDATED SALES, GROSS PROFIT, AND NET INCOME (THREE MONTHS)

Total net revenues for the first three months of fiscal 2008 were $0, compared
to $49,012 for the same period in fiscal 2007, a decrease of $49,012, or 100%.
This decrease was due to the decrease in revenues from software maintenance, as
the Company lost its source of revenues from providing software maintenance
services to the joint venture. Management does not expect any significant
revenues from its PromotionStat technology since all of its efforts have been
concentrated in the joint venture operations. Management does not expect any
revenues from servicing of the FXDD currency trading platform in the nearest
future.

General and administrative expense for the first third of fiscal 2008 was
$60,096 compared to $199,464 for 2007, a decrease of almost 30%. Major decreases
in costs during this period were reduction of consulting costs, general
administration, and promotion and investor relation costs.

The detail of general administrative costs is as follows:

                                            30-Apr-08        30-Apr-07
                                            ---------        ---------

           Travel, lodging, & meals          $ 4,943          $28,106
           Rent & utilities                   13,329           19,952
           Supplies                            3,801            8,352
           Automobile costs                    3,252           11,891
           Telephone                              75            8,196
           Professional fees                  29,393            5,910
           Miscellaneous taxes                     0              202
           Postage                               186              762
                                             -------          -------

           Total                             $54,979          $83,371
                                             =======          =======

After deducting general and administrative costs, the Company experienced a loss
from operations of $60,096 for the first nine months of fiscal 2008, compared to
an operating loss of $150,452 for the same period in fiscal 2007.

During the three months ended April 30, 2008, the Company realized a net loss
from operations of $19,023 compared to a loss of $122,232 for the same period in
fiscal 2007.

Interest income decreased during three months ended April 2008 since the
Company's average cash balance has decreased in 2008. The Company invests excess
cash balance in money market accounts.

                                       14
<PAGE>
During the three months ended April 30, 2008, the Company's net loss was $19,023
or $0.00 per share compared to a loss of $122,232, or $0.01 per share for the
same period in fiscal 2007.

OFF-BALANCE SHEET ARRANGEMENTS

We do not have any off-balance sheet arrangements that have or are reasonably
likely to have a current or future effect on our financial condition, changes in
financial condition, revenues or expenses, results of operations, liquidity,
capital expenditures or capital resources that is material to investors.

DISCUSSION OF FINANCIAL CONDITION: LIQUIDITY AND CAPITAL RESOURCES

At April 30, 2008 cash on hand was $48,413 as compared with $95,585 for the same
fiscal period in 2007. During the period the Company received $0 in net
subscriptions to its preferred B stock.

The Company does not expect any material capital expenditures for the balance of
fiscal 2008.

At April 30, 2008, the Company had working capital of $22,033 compared to a
working capital of $40,907 at January 31, 2008.

Total assets at April 30, 2008 were $101,137 as compared to $120,160 at January
31, 2008.

The Company's total stockholders' equity decreased to $70,157 at April 2008 from
$89,180 at January 31, 2008.

Although the existing cash resources are currently expected to provide
sufficient funds through the upcoming year, the continuation of the Company as a
going concern for a period of longer than the upcoming year is dependent upon
the ability of the Company to obtain necessary financing to continue operations.

III. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES - As of the end of the period
covered by this report, an evaluation of the effectiveness of the design and
operation of the Company's disclosure controls and procedures (as defined in
Rule 13a-15(e) under the Exchange Act) was performed under the supervision and
with the participation of the Company's management, including the CEO and CFO.
Based on that evaluation, the Company's CEO and CFO concluded that the Company's
disclosure controls and procedures were effective as of April 30, 2008 to ensure
that information required to be disclosed in the reports it files and submits
under the Securities Exchange Act of 1934 is recorded, processed, summarized and
reported as and when required.

CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING - There has been no change
in the Company's internal control over financial reporting during the most
recently completed fiscal quarter that has materially affected, or is reasonably
likely to materially affect, the Company's internal control over financial
reporting.

                                       15
<PAGE>
IV. TRENDS AFFECTING LIQUIDITY, CAPITAL RESOURCES AND OPERATIONS

A number of factors are expected to impact the Company's liquidity, capital
resources and future operations. Included among these are governmental
regulation of the trading of currencies by individuals and the acceptability of
currency trading by a large number of individual high net worth investors.
Management believes that the increasing regulation of securities and other forms
of investment vehicles will increase demand for alternate investment vehicles
such as currency trading, thereby increasing demand for the Company's products
and will significantly expand the Company's markets.

The Company has developed its FX3000 software to allow access by individual
investors to what has traditionally been an investment arena restricted to large
financial institutions and banks. Management believes that as investors become
more sophisticated there will be an increased demand for access to these types
of previously unavailable investment vehicles. However recently the Company has
lost its contract with FXDD for servicing of FX3000 platform. The revenue for
the services rendered under this Agreement was a major source of income for the
Company, and termination of this agreement may have a material adverse effect on
the Company.

As other new technological products under development by the Company are
introduced, management believes that sales revenues will increase and, over the
long term, will result in stable sales and profits for the Company.

                            PART II OTHER INFORMATION

ITEM 6. EXHIBITS

(a) Exhibits

    Exhibit No.                     Description
    -----------                     -----------

      31.1        Certification under Section 302 of the Sarbanes-Oxley Act
                  of 2002 of Chief Executive Officer

      31.2        Certification under Section 302 of the Sarbanes-Oxley Act
                  of 2002 of Chief Financial Officer

      32          Certification under Section 906 of the Sarbanes-Oxley Act
                  of 2002 of Chief Executive Officer and Chief Financial Officer

                                       16
<PAGE>
                                   SIGNATURES

In accordance with the requirements of Section 13 of 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed in
its behalf by the undersigned, thereunto duly authorized.


Date: June 12, 2008                   By: /s/ Abel Raskas
                                         ---------------------------------------
                                          Abel Raskas
                                          President


Date: June 12, 2008                   By: /s/ Alex Stelmak
                                         ---------------------------------------
                                         Alex Stelmak
                                         Chairman of the Board of Directors and
                                         Chief Financial Officer

                                       17