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  1934  For the nine month period endedJuly 31, 2005.  [
        ]
        Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934  For the transition period
        to  Commission File Number
        0-29431   INFINEX VENTURES, INC. (Exact name of small Business Issuer as specified in its charter)   Nevada
        52-2151795 (State or other jurisdiction of
        (IRS Employer Identification No.) incorporation or organization)   3914 Seaton Place Las Vegas, Nevada
        89121 (Address of principal executive offices)
        (Postal or Zip Code)   Issuers telephone number, including area code:
        450-229-2361    (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:6,438,850 Shares of $0.001 par value Common Stock outstanding as of September 9, 2005.      PART 1  FINANCIAL INFORMATION






Item 1.
        Financial Statements



The accompanying unaudited financial statements have been prepared in accordance with the instructions to Form 10-QSB and Item 310 (b) of Regulation S-B, and, therefore, do not include all information and footnotes necessary for a complete presentation of financial position, results of operations, cash flows, and stockholders equity in conformity with generally accepted accounting principles. This report on Form 10-Q should be read in conjunction with the Companys financial statements and notes thereto included in the Companys Form 10-K for the fiscal year ended October 31, 2004. The Company assumes that the users of the interim financial information herein have read or have access to the audited financial statements for the preceding fiscal year and that the adequacy of additional disclosure needed for a fair presentation may be determined in that context. Accordingly,
footnote disclosure, which would substantially duplicate the disclosure contained in the Companys Form 10-K for the fiscal year ended October 31, 2004, has been omitted. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. Operating results for the nine months ended July 31, 2005 are not necessarily indicative of the results that can be expected for the year ending October 31, 2005.







INFINEX VENTURES, INC.

(A Development Stage Company)



INTERIM FINANCIAL STATEMENTS



JULY 31, 2005

(Stated in U.S. Dollars)









INFINEX VENTURES, INC.

(A Development Stage Company)



INTERIM BALANCE SHEETS

(Stated in U.S. Dollars)






JULY 31, 2005
        
        OCTOBER 31, 2004ASSETSCurrentCash
        $
        603
        $
        2,100603
        
        2,100LIABILITIESCurrentAccounts payable and accrued liabilities
        $
        82,785
        $
        80,880Loans payable (Notes 3 and 5)
        
        274,294
        
        259,390Due to related party (Note 5)
        
        4,209
        
        -361,288
        
        340,270STOCKHOLDERS DEFICIENCYShare CapitalAuthorized:75,000,000 common shares, par value $0.001 per shareIssued and outstanding:6,438,850 common shares at July 31, 2005 and October 31, 2004
        
        6,439
        
        6,439Additional paid-in capital
        
        398,914
        
        398,914Deficit Accumulated During The Development Stage
        
        (766,038)
        
        (743,523)(360,685)
        
        (338,170)$
        603
        $
        2,100




INFINEX VENTURES, INC.

(A Development Stage Company)



INTERIM STATEMENT OF LOSS

(Unaudited)

(Stated in U.S. Dollars)






CUMMULATIVE PERIOD FROM INCEPTIONDECEMBER 30THREE MONTHS ENDED
        NINE MONTHS ENDED
        1998 TOJULY 31
        JULY 31
        JULY 312005
        2004
        2005
        2004
        2005ExpensesBank charges
        $
        47
        $
        18
        $
        87
        $
        64
        $
        704Consulting
        
        -
        
        -
        
        -
        
        1,000
        
        6,500Interest
        
        1,234
        
        1,263
        
        3,662
        
        3,522
        
        19,979License fee
        
        -
        
        -
        
        -
        
        -
        
        400,000Mineral property option payments and exploration expenditures
        
        -
        
        109,517
        
        -
        
        109,517
        
        129,750Office facilities and sundry
        
        950
        
        9,264
        
        7,438
        
        10,736
        
        38,079Professional fees
        
        (2,514)
        
        1,935
        
        11,328
        
        4,220
        
        135,273Net Income (Loss) For The Period
        $
        283
        $
        (121,997)
        $
        (22,515)
        $
        (129,058)
        $
        (730,285)Basic And Diluted Earnings (Loss) Per Share
        $
        0.01
        $
        (0.02)
        $
        (0.01)
        $
        (0.02)Weighted Average Number Of Shares Outstanding
        
        6,438,850
        
        6,438,850
        
        6,438,850
        
        6,438,850





INFINEX VENTURES, INC.

(A Development Stage Company)



INTERIM STATEMENT OF CASH FLOWS

(Unaudited)

(Stated in U.S. Dollars)






CUMMULATIVE PERIOD FROM INCEPTIONDECEMBER 30THREE MONTHS ENDED
        NINE MONTHS ENDED
        1998 TOJULY 31
        JULY 31
        JULY 312005
        2004
        2005
        2004
        2005Cash Flows From Operating ActivitiesNet income (loss) for the period
        $
        283
        $
        (121,997)
        $
        (22,515)
        $
        (129,058)
        $
        (730,285)Adjustments To Reconcile Net Income (Loss) To Net Cash Used By Operating ActivitiesStock issued for other than cash
        
        -
        
        -
        
        -
        
        -
        
        402,750Change in accounts payable and accrued liabilities
        
        (2,038)
        
        975
        
        1,905
        
        4,408
        
        82,785(1,755)
        
        (121,022)
        
        (20,610)
        
        (124,650)
        
        (244,750)Cash Flows From Investing ActivityInvestment in Dollar Maker, Inc.
        
        -
        
        -
        
        -
        
        -
        
        (45,000)Cash Flows From Financing ActivitiesShare capital issued
        
        -
        
        -
        
        -
        
        -
        
        11,850Loans payable
        
        -
        
        121,004
        
        14,904
        
        121,004
        
        274,294Due to related party
        
        1,750
        
        -
        
        4,209
        
        -
        
        4,2091,750
        
        121,004
        
        19,113
        
        121,004
        
        290,353Increase (Decrease) In Cash
        
        (5)
        
        (18)
        
        (1,497)
        
        (3,646)
        
        603Cash, Beginning Of Period
        
        608
        
        183
        
        2,100
        
        3,811
        
        -Cash, End Of Period
        $
        603
        $
        165
        $
        603
        $
        165
        $
        603Supplemental Disclosure Of Non-Cash Financing And Investing ActivitiesCommon shares issued pursuant to acquisition agreement
        $
        -
        $
        -
        $
        -
        $
        -
        $
        1,000Supplemental Disclosure Of Cash Flow InformationInterest Paid
        $
        -
        $
        -
        $
        -
        $
        -
        $
        -Income Taxes Paid
        $
        -
        $
        -
        $
        -
        $
        -
        $
        -







INFINEX VENTURES, INC.

(A Development Stage Company)



NOTES TO INTERIM FINANCIAL STATEMENTS



JULY 31, 2005

(Unaudited)

(Stated in U.S. Dollars)








1.
        NATURE OF OPERATIONS AND GOING CONCERN


a)
        Organization

Infinex Ventures, Inc. (the Company) was incorporated in the State of Nevada, U.S.A., on December 30, 1998. On July 23, 2004, the Board of Directors authorized a 1 for 1.1 stock split on the common shares. The authorized number of common shares remain at 75,000,000 common shares with a par value of $0.001. All references in the accompanying financial statements to the number of common shares have been restated to reflect the stock split.




b)
        Development Stage Activities

The Company is in the development stage, therefore, recovery of its assets is dependent upon future events, the outcome of which is indeterminable. In addition, successful completion of the Companys development program and its transition, ultimately to the attainment of profitable operations, is dependent upon obtaining adequate financing to fulfil its development activities and achieve a level of sales adequate to support its cost structure.




c)
        Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.



As shown in the accompanying financial statements, the Company has accumulated a deficit of $766,038 for the period from December 30, 1998 (inception) to July 31, 2005, and has no sales. The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its business. Management has plans to seek additional capital through a private placement and public offering of its common stock. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence.






2.
        SIGNIFICANT ACCOUNTING POLICIES

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgement. Actual results could differ from these estimates.





INFINEX VENTURES, INC.

(A Development Stage Company)



NOTES TO INTERIM FINANCIAL STATEMENTS



JULY 31, 2005

(Unaudited)

(Stated in U.S. Dollars)






2.
        SIGNIFICANT ACCOUNTING POLICIES (Continued)

The financial statements have, in managements opinion, been properly prepared within reasonable limits of materiality and within the framework of the significant accounting policies summarized below:




a)
        Development Stage Company

The Company is a development stage company as defined in the Statements of Financial Accounting Standards No. 7. The Company is devoting substantially all of its present efforts to establish a new business and none of its planned principal operations have commenced. All losses accumulated since inception are considered part of the Companys development stage activities.




b)
        Website Content

The company expenses, as incurred, costs to develop, initialize, populate, and maintain content for its website.






3.
        LOANS PAYABLE


JULY 31, 2005
        OCTOBER31, 2004Repayable on demand with interest at 8% per annum compounded annually
        $
        45,000
        $
        45,000Repayable on demand without interest
        
        229,294
        
        214,390$
        274,294
        $
        259,390

At July 31, 2005, accounts payable and accrued liabilities include $19,859 (October 31, 2004 - $16,197) of accrued interest on the loans payable.





INFINEX VENTURES, INC.

(A Development Stage Company)



NOTES TO INTERIM FINANCIAL STATEMENTS



JULY 31, 2005

(Unaudited)

(Stated in U.S. Dollars)






4.
        MINERAL PROPERTY INTEREST


a)
        Yew Claims

On June 14, 2004, the Company entered into an agreement with 697446 B.C. Ltd. (the Agreement) providing for the exploration and development of the following mineral properties:




Yew
        Tenure Number 399712Yew 2
        Tenure Number 399713Yew 3
        Tenure Number 399714Yew 4
        Tenure Number 399715Yew 5
        Tenure Number 399716Yew 6
        Tenure Number 399717Yew 7
        Tenure Number 345340Yew 8
        Tenure Number 399718(Collectively the Yew Claims)

The Yew Claims are located on Texada Island, in the province of British Columbia, Canada.



The agreement gives the Company the right to acquire a 55% interest in the claims providing the following conditions are met:




i)
        Delivery of 10,000 common shares in the capital stock of the Company upon execution of the agreement (the share issuance was postponed until the drilling program resumes in Fall 2005);


ii)
        Companys obligation to carry out a drilling program for an amount not less than $205,255 (CDN$250,000), within three months of the execution of the agreement;


iii)
        Completion of a feasibility study within two years of the completion of the drilling program;


iv)
        For the period ending upon the completion of the feasibility study, the Company will execute annual payments of $41,051 (CDN$50,000) to 697446 B.C. Ltd.;


v)
        Upon the exercise of the option, the parties shall enter into a joint venture agreement to develop the Yew Claims in accordance with the feasibility study recommendation.





INFINEX VENTURES, INC.

(A Development Stage Company)



NOTES TO INTERIM FINANCIAL STATEMENTS



JULY 31, 2005

(Unaudited)

(Stated in U.S. Dollars)








4.
        MINERAL PROPERTY INTEREST (Continued)


a)
        Yew Claims (Continued)

On October 31, 2004, and in the Summer of 2005, the parties amended the agreement. The Company is now required to complete the drilling program obligation before November 30, 2005. To date, the Company has spent $118,300 (CDN$155,774) towards this obligation, as follows:



Drilling
        $
        84,800Geology
        
        10,100Management fees
        
        9,500Assays
        
        6,800Report
        
        4,200Expenses/disbursements
        
        2,900$
        118,300


b)
        Gossen Claims

In 1999, the Company entered into an option agreement, as amended, to acquire a 100% interest, subject to a 2% net smelter royalty, in the Gossen 1 to 9 mining claims located in Blaine County, Idaho, for consideration consisting of staged cash payments totalling $200,000 ($5,000 paid), issuance of 250,000 common shares (issued), and exploration expenditures totalling $100,000 by August 30, 2006.



During 2004, the Company terminated its participation under the option agreement.











INFINEX VENTURES, INC.

(A Development Stage Company)



NOTES TO INTERIM FINANCIAL STATEMENTS



JULY 31, 2005

(Unaudited)

(Stated in U.S. Dollars)






5.
        RELATED PARTY TRANSACTIONS

As at October 31, 2003, loans payable of $102,011 and related accrued interest of $11,652 were owing to the then-president of the Company. Effective August 11, 2004, the then-outstanding balance of loans payable, amounting to $109,217 was assigned by the former president to a third party corporation. The only director of that corporation is also a director of 697446 B.C. Ltd. (Note 4(a)). During the nine months ended July 31, 2005, the third party corporation expended $14,904 (2004 - $157,379) on behalf of the Company. Amounts expended on behalf of the Company are added to loans payable.



During the nine months ended July 31, 2005, the President of the Company advanced $4,209 (2004 - $NIL), these advances are unsecured, non interest bearing and with no specific terms of repayment.







Item 2. Plan of Operation



The Company was organized as a Nevada corporation on December 30, 1998 for the purpose of acquiring and exploring mineral properties. In 2002, the Company decided to not pursue its business plan relating to its interest in the Long Canyon property until the necessary funding to implement the plan is secured.



Pursuant to an Asset Purchase Agreement dated August 20, 2002 that the Company entered into with Nano World Projects Corporation (Nano World), a Delaware corporation, the Company agreed to acquire from Nano World a series of patents and related assets and rights relating to Nano Worlds dynamic thin laminar flow process. The Company agreed also to acquire a 45% interest in Nano Worlds Italian subsidiary, Nano World Projects Europe S.P.A. In consideration of these assets, the Company had agreed to issue to Nano World 2,200,000 shares of restricted common stock in its capital. As well, Nano World was to retain a royalty equal to 3% of the gross revenues that the Company was to earn through the use of the patents.



The Company has decided not to complete the acquisition of these assets and the series of relating patents from Nano World Projects Corporation. The Company has also decided not to proceed with the acquisition of the 45% of Nano Worlds Italian subsidiary.



Pursuant to an Exclusive License Agreement entered into on  May 8, 2003 with Santa Carla 2000 SRL, an Italian corporation, the Company has agreed to purchase100% title and interest to a License of the world wide rights associated to a Nano Technology Italian Patent number AL2003A00000Z. This Patent relates to Tunnelling Magnetoresistance Structure and the Method of its Production. Pursuant to the terms of the License Agreement the Company has agreed to further develop the Patent Rights for commercial applications.



In consideration of the transfer of these rights the Company has issued, to Santa Carla 2000 SRL, 500,000 restricted shares in its capital stock. As well, the Company will pay 10% of any future Net Revenues that may be derived from sales resulting from the license of the Patent.



On June 14, 2004 the Company executed a Joint Venture and Option Agreement with 697446 B.C. Ltd. (the Agreement) providing for the exploration and development of following mineral properties:






1.
        Yew
        Tenure Number 3997122.
        Yew 2
        Tenure Number 3997133.
        Yew 3
        Tenure Number 3997144.
        Yew 4
        Tenure Number 3997155.
        Yew 5
        Tenure Number 3997166.
        Yew 6
        Tenure Number 3997177.
        Yew 7
        Tenure Number 3453408.
        Yew 8
        Tenure Number 399718(Collectively the Yew Claims)



The Yew Claims are located on Texada Island, B.C. This region has a long history of mining dating back to 1876. Several high grade copper gold skarns were mined in the area.



MINFILE 092F/516 describes the claims as follows:







The area is dominated by Upper Triassic Karmutsen Formation (Vancouver Group) volcanic rocks consisting of typically fine-grained and/or feldspar phyric basalts and amygdaloidal basalts with minor intercalated limestone beds. At the Yew occurrence, stratigraphy is comprised of three rock units of the Karmutsen Formation. A lower, thick series of green-grey basalt flows that texturally change from amygdaloidal and non- amygdaloidal sequences, is overlain by a thin, white-grey fine-grained limestone that rapidly thins and thickens over short distances. Overlying the limestone is an amygdaloidal basalt breccia with fragments of amygdaloidal basalt up to 15 centimetres. White zeolites, epidote, pyrite, quartz and chlorite comprise vesicle fillings within the basalts.Two hundred metres north of the occurrence, two small diorite plugs intrude the basalts.



Massive pyrite, magnetite, pyrrhotite, minor chalcopyrite and trace bronite replaces limestone at the lower contact of the limestone bed. The mineralized zone is flat-lying, close to surface, thin and tabular, and ranges in thickness from 0.4 to 1.8 metres.



From inception, December 30, 1998 to July 31, 2005 we had a deficit accumulated during the development stage of  $766,038. From inception December 30, 1998, we have expended $135,273 on legal, audit and accounting fees; $ 19,979 on interest; $129,750 on resource property expenses; $6,500 on consulting fees;  $ 400,000 on license fees and $38,079 on office expenses; and incurred a $35,753 charge for excess consideration paid on an acquisition.



We are a development stage company and have a minimum amount of cash and have not yet developed any producing mines. We have no history of any earnings. There is no assurance that we will be a profitable company. We presently operate with minimum overheads and need to raise additional funds in the next 12 months either in the form of loans or by selling our equity.



Our primary activity for the next 12 months, weather permitting, will be to carry out our obligations under the Agreements drill program. which are only initial phases of a full feasibility study lasting up to two years.



We currently have no plans to purchase or sell any plant or significant equipment.



We do not expect any significant changes in the number of employees.



Results of Operations For Period Ending July 31, 2005



We have not earned any revenues from operations from our incorporation on December 30, 1998,  to July 31, 2005. Our activities have been financed from proceeds of share subscriptions and loans. We do not anticipate earning revenues until such time as we have entered into commercial production. We are presently in the development stage and we can provide no assurance that we will discover commercially exploitable levels of mineral resources on our properties, or if such resources are discovered, that we will enter into commercial production of our Yew Claims .



Net Loss



For the nine months ended July 31, 2005, we recorded an operating loss of $22,515, consisting of $11,328 on legal, audit and accounting fees; $ 3,662 on interest and $7,525 on office expenses. We did not generate any revenues during this period. There can be no assurance that we will ever achieve profitability or that revenues will be generated and sustained in the future. We are dependent upon obtaining additional and future financing to pursue our exploration activities.







Liquidity and Further Capital Resources



As of July 31, 2005, the Company had total assets of $603 consisting of cash and total liabilities of  $361,288 consisting of $82,785 in accounts payables, $274,294 in loans payables and $4,209 in due to related party. The net stockholders deficiency at July 31, 2005 was $360,685. We are a development stage company and, since inception, have experienced significant changes in liquidity, capital resources and shareholders equity.



Management has relied upon debt financing from shareholders and other loans. At July 31, 2005 loans payable included a loan repayable on demand with interest at 8% per annum compounded annually of $45,000 and additional loans repayable on demand without interest of $229,294 totaling $274,294. Accounts payable and accrued liabilities include $19,859 (2004 $16,197) of accrued interest on the loans payable. We seek additional equity or debt financing of up to $1,000,000 which we plan to use towards exploration and possibly a feasibility study on our joint venture agreement property over the next two years. If we are not able to get further financing, we may not be able to continue as a going concern and we may have to delay exploration or cease our operations and liquidate our business.



The Company anticipates incurring approximately $40,800 for administrative expenses including accounting and audit costs ($9,000) legal fees ($15,000), rent and office costs ($6,000), computer costs ($1,800), telephone costs ($1,800) and general administrative costs ($7,200) over the next 12 months. A further $90,000 of resource property expenditures are committed under of the Yew Claims Agreement, these expenditures must be made by November 30, 2005 if  the Companys is to retain its 55% interest in the mineral claims.



The Company is unable to estimate approximate costs for development and marketing of the nanotechnology assets it has acquired until such time as it raises sufficient financing for operations and complete its acquisition of these assets.



Forward-Looking Statements



This Form 10-QSB includes - forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on managements current expectations and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.



All statements other than historical facts included in this Form, including without limitation, statements under Plan of Operation, regarding the Companys financial position, business strategy, and plans and objectives of management of the Company for the future operations, are forward-looking statements.



Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Companys expectations include, but are not limited to, market conditions, competition and the ability to successfully complete financing.







PART II- OTHER INFORMATION



Item 1. Legal Proceedings



The Company is not a party to any pending legal proceeding. Management is not aware of any threatened litigation, claims or assessments.



Item 2. Changes in Securities



None.



Item 3. Defaults Upon Senior Securities




None.

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




None.

Item 5. Other Information




None.

Item 6. Exhibits and Report on Form 8-K




31.1
        Certification of Chief Executive Officer pursuant to Section 302 of theSarbanes-Oxley Act of 2002.


31.2
        Certification of Chief Accounting Officer pursuant to Section 302 of theSarbanes-Oxley Act of 2002.


32.1
        Certification of Chief Executive Officer pursuant to 18 U.S.C. section 1350,asadopted pursuant to section 906 of the Sarbanes-Oxley act of 2002


32.2
        Certification of Chief Accounting Officer pursuant to U. S. C. section 1350, asadopted pursuant to section 906 of the Sarbanes-Oxley act of 2002.

There were no reports filed on Form 8-K during the nine month period ended July 31, 2005.



SIGNATURES



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




Infinex Ventures, Inc.


September 9, 2005.
        /s/ Michael De RosaMichael De Rosa, President