**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 quarterly period ended December              31, 2005 |
|--------|---------------------------------------------------------------|

|  |  ̈ | **TRANSITION                    REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE S-ECURITIES EXCHANGE                    ACT OF                    1934** |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | For the transition period from ____________              to ___________ |
|--------|-------------------------------------------------------------------------|
|   |                                                                    |
|   | Commission File Number               333-125699                    |

**(Exact      name of Small Business Issuer as Specified in its Charter)**

| Delaware                                           |   | 20-4121393                             |
|----------------------------------------------------|--------|----------------------------------------|
| **(State                or Other Jurisdiction of** |   | **(I.R.S.                Employer**    |
| **Incorporation                or Organization)**  |   | **Identification                No.)** |

**(Address      of principal executive offices)**

**(Registrant's      telephone number) **

| Common                Stock         | 9,431,506 |
|-------------------------------------|-----------|
| Class                A Common Stock | 100       |

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**EXPLANATORY      NOTE**

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**PART      I. FINANCIAL INFORMATION**

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

**NORTHERN      WAY RESOURCES, INC.**

**(An      Exploration Stage Company)**

**INTERIM      FINANCIAL STATEMENTS**

**December      31, 2005**

**(Unaudited)**

**BALANCE      SHEETS**

**INTERIM      STATEMENTS OF OPERATIONS**

**INTERIM      STATEMENT OF STOCKHOLDERS’ EQUITY**

**INTERIM      STATEMENTS OF CASH FLOWS**

**NOTES      TO FINANCIAL STATEMENTS**

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**NORTHERN      WAY RESOURCES, INC.**

|                                                            |   | December                31, |    | March                31, |   |
|-----------------------------------------------------------------|--------|-----------------------------|---------|--------------------------|--------|
|                                                            |   | 2005                        |    | 2005                     |   |
|                                                            |   | (Unaudited)                 |    | (Audited)                |   |
| **ASSETS**                                                      |
|                                                            |   |                        |    |                     |   |   |   |
| **CURRENT**                                                     |   |                        |    |                     |   |   |   |
| Cash                                                            |   | $                           | 3,622   |                     | $      | 19,982 |   |
|                                                            |   |                        |    |                     |   |   |   |
| **LIABILITIES**                                                 |
|                                                            |   |                        |    |                     |   |   |   |
| **CURRENT**                                                     |   |                        |    |                     |   |   |   |
| Accounts                payable and accrued liabilities         |   | $                           | 2,164   |                     | $      | 5,642 |   |
|                                                            |   |                        |    |                     |   |   |   |
| **STOCKHOLDERS’                EQUITY**                   |
|                                                            |   |                        |    |                     |   |   |   |
| Common                stock (Note 4)                            |   |                        |    |                     |   |   |   |
| 75,000,000                shares authorized, $0.001 par value,  |   |                        |    |                     |   |   |   |
| 7,572,250                shares outstanding                     |   |                        | 7,572   |                     |   | 7,572 |   |
| Additional                paid-in capital                       |   |                        | 19,928  |                     |   | 19,928 |   |
| Donated                capital                                  |   |                        | 8,800   |                     |   | 1,600 |   |
| Deficit                accumulated during the exploration stage |   |                        | (34,842 | )                        |   | (14,760 | ) |
|                                                            |   |                        |    |                     |   |   |   |
|                                                            |   |                        | 1,458   |                     |   | 14,340 |   |
|                                                            |   |                        |    |                     |   |   |   |
|                                                            |   | $                           | 3,622   |                     | $      | 19,982 |   |

----

**NORTHERN      WAY RESOURCES, INC.**

|                                                         |   | Three                monthsEnded                December                31, |      | Nine                monthsEnded                December                31, |   | February                1, 2005 (Inception) to December                31, |   |
|--------------------------------------------------------------|--------|-----------------------------------------------------------------------------|-----------|----------------------------------------------------------------------------|--------|----------------------------------------------------------------------------|--------|
|                                                         |   | 2005                                                                        |      | 2005                                                                       |   | 2005                                                                       |   |
|                                                         |   |                                                                        |      |                                                                       |   |                                                                       |   |
| **EXPENSES**                                                 |   |                                                                        |      |                                                                       |   |                                                                       |   |   |   |   |
| Accounting                and audit fees                     |   | $                                                                           | 1,928     |                                                                       | $      | 6,152                                                                      |   | $ | 9,794 |   |
| Bank                charges                                  |   |                                                                        | 38        |                                                                       |   | 232                                                                        |   |   | 250 |   |
| Donated                rent (Note 5)                         |   |                                                                        | 900       |                                                                       |   | 2,700                                                                      |   |   | 3,300 |   |
| Donated                services (Note 5)                     |   |                                                                        | 1,500     |                                                                       |   | 4,500                                                                      |   |   | 5,500 |   |
| Filing                                                       |   |                                                                        | 412       |                                                                       |   | 1,880                                                                      |   |   | 1,880 |   |
| Legal                                                        |   |                                                                        | 798       |                                                                       |   | 3,328                                                                      |   |   | 5,328 |   |
| Office                                                       |   |                                                                        | 190       |                                                                       |   | 190                                                                        |   |   | 190 |   |
| Organizational                costs                          |   |                                                                        | -         |                                                                       |   | -                                                                          |   |   | 500 |   |
| Mineral                property costs (Note 3)               |   |                                                                        | -         |                                                                       |   | -                                                                          |   |   | 7,000 |   |
| Transfer                agent                                |   |                                                                        | 1,100     |                                                                       |   | 1,100                                                                      |   |   | 1,100 |   |
|                                                         |   |                                                                        |      |                                                                       |   |                                                                       |   |   |   |   |
| Net                loss for the period                       |   | $                                                                           | 6,866     |                                                                       | $      | 20,082                                                                     |   | $ | 34,842 |   |
|                                                         |   |                                                                        |      |                                                                       |   |                                                                       |   |   |   |   |
| Basic                loss per share                          |   | $                                                                           | (0.00     | )                                                                          | $      | (0.00                                                                      | )      |   |   |   |
|                                                         |   |                                                                        |      |                                                                       |   |                                                                       |   |   |   |   |
| Weighted                average number of shares outstanding |   |                                                                        | 7,572,250 |                                                                       |   | 7,572,250                                                                  |   |   |   |   |

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**NORTHERN      WAY RESOURCES, INC.**

|                                                    |   |                         |      |                     |   |   Additional |   |        |   | Deficit                Accumulated During the |   |   |   |
|---------------------------------------------------------|--------|------------------------------|-----------|--------------------------|--------|------------------------|--------|-------------|--------|-----------------------------------------------|--------|--------|--------|
|                                                    |   | Common                Shares |      | Paid-in                  |   | Donated                |   | Exploration |   |                                          |   |
|                                                    |   | Number                       |      | Par                Value |   | Capital                |   | Capital     |   | Stage                                         |   | Total  |   |
|                                                    |   |                         |      |                     |   |                   |   |        |   |                                          |   |   |   |
| Capital              stock issued              for cash |   |                         |      |                     |   |                   |   |        |   |                                          |   |   |   |   |   |   |   |   |   |
|  -                at $0.001                        |   |                         | 3,000,000 |                     | $      | 3,000                  |   | $           | -      |                                          | $      | -      |   | $ | - |   | $ | 3,000 |   |
|  -                at $0.005                        |   |                         | 4,555,000 |                     |   | 4,555                  |   |        | 18,220 |                                          |   | -      |   |   | - |   |   | 22,775 |   |
|  -                at $0.10                         |   |                         | 17,250    |                     |   | 17                     |   |        | 1,708  |                                          |   | -      |   |   | - |   |   | 1,725 |   |
| Donated                services and rent                |   |                         | -         |                     |   | -                      |   |        | -      |                                          |   | 1,600  |   |   | - |   |   | 1,600 |   |
| Net                loss for the period                  |   |                         | -         |                     |   | -                      |   |        | -      |                                          |   | -      |   |   | (14,760 | ) |   | (14,760 | ) |
|                                                    |   |                         |      |                     |   |                   |   |        |   |                                          |   |   |   |   |   |   |   |   |   |
| Balance,                March 31, 2005                  |   |                         | 7,572,250 |                     |   | 7,572                  |   |        | 19,928 |                                          |   | 1,600  |   |   | (14,760 | ) |   | 14,340 |   |
|                                                    |   |                         |      |                     |   |                   |   |        |   |                                          |   |   |   |   |   |   |   |   |   |
| Donated                services and rent                |   |                         | -         |                     |   | -                      |   |        | -      |                                          |   | 7,200  |   |   | - |   |   | 7,200 |   |
| Net                loss for the period                  |   |                         | -         |                     |   | -                      |   |        | -      |                                          |   | -      |   |   | (20,082 | ) |   | (20,082 | ) |
|                                                    |   |                         |      |                     |   |                   |   |        |   |                                          |   |   |   |   |   |   |   |   |   |
| Balance,                December 31, 2005               |   |                         | 7,572,250 |                     | $      | 7,572                  |   | $           | 19,928 |                                          | $      | 8,800  |   | $ | (34,842 | ) | $ | 1,458 |   |

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**NORTHERN      WAY RESOURCES, INC.**

|                                                         |   | Nine                monthsEnded                December                31, |                    | February                1, 2005 (Inception) to December                31, |   |
|--------------------------------------------------------------|--------|----------------------------------------------------------------------------|-------------------------|----------------------------------------------------------------------------|--------|
|                                                         |   | 2005                                                                       |                    | 2005                                                                       |   |
|                                                         |   |                                                                       |                    |                                                                       |   |
| Cash                flows from operating activities          |   |                                                                       |                    |                                                                       |   |   |   |
| Net                loss for the period                       |   | $                                                                          | (20,082                 | )                                                                          | $      | (34,842 | ) |
| Adjustments                to reconcile net loss to net cash |   |                                                                       |                    |                                                                       |   |   |   |
| from                operating activities:                    |   |                                                                       |                    |                                                                       |   |   |   |
| Non                cash donated services and rent            |   |                                                                       | 7,200                   |                                                                       |   | 8,800 |   |
| Accounts                payable and accrued liabilities      |   |                                                                       | (                3,478  | )                                                                          |   | 2,164 |   |
|                                                         |   |                                                                       |                    |                                                                       |   |   |   |
| Net                cash used in operating activities         |   |                                                                       | (16,360                 | )                                                                          |   | (23,878 | ) |
|                                                         |   |                                                                       |                    |                                                                       |   |   |   |
| Cash                flow from financing activities           |   |                                                                       |                    |                                                                       |   |   |   |
| Capital                stock issued                          |   |                                                                       | -                       |                                                                       |   | 27,500 |   |
|                                                         |   |                                                                       |                    |                                                                       |   |   |   |
| Net                cash from financing activities            |   |                                                                       | -                       |                                                                       |   | 27,500 |   |
|                                                         |   |                                                                       |                    |                                                                       |   |   |   |
| (Decrease)                increase in cash during the period |   |                                                                       | (                16,360 | )                                                                          |   | 3,622 |   |
|                                                         |   |                                                                       |                    |                                                                       |   |   |   |
| Cash,                beginning of the period                 |   |                                                                       | 19,982                  |                                                                       |   | - |   |
|                                                         |   |                                                                       |                    |                                                                       |   |   |   |
| Cash,                end of the period                       |   | $                                                                          | 3,622                   |                                                                       | $      | 3,622 |   |
|                                                         |   |                                                                       |                    |                                                                       |   |   |   |
|                                                         |   |                                                                       |                    |                                                                       |   |   |   |
| Supplemental                cash flow information:           |   |                                                                       |                    |                                                                       |   |   |   |
| Interest                paid                                 |   | $                                                                          | -                       |                                                                       | $      | - |   |
|                                                         |   |                                                                       |                    |                                                                       |   |   |   |
| Income                taxes paid                             |   | $                                                                          | -                       |                                                                       | $      | - |   |

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**NORTHERN      WAY RESOURCES, INC.**

| Note              1 | Nature                and Continuance of Operations |
|---------------------|-----------------------------------------------------|

**Unaudited      Interim Financial Statements**

| Note              2 | Summary                of Significant Accounting                Policies |
|---------------------|--------------------------------------------------------------------------|

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**NORTHERN      WAY RESOURCES, INC.**

| Note                2 | Summary                of Significant Accounting Policies                -                (cont’d) |
|-----------------------|----------------------------------------------------------------------------------------------------------|

|   | **Exploration                Stage Company** |
|--------|----------------------------------------------|

|   | The                Company complies with Financial Accounting Standards Board Statement                No. 7                and Securities and Exchange Commission Act Guide 7 for its                characterization of the Company as an exploration stage                enterprise. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Mineral                Property |
|--------|---------------------------------|

|   | Mineral                property acquisition, exploration and development costs are expensed                as                incurred until such time as economic reserves are quantified. To                date the                Company has not established any proven or probable reserves on its                mineral                properties. The Company has adopted the provisions of SFAS No.143                “Accounting for Asset Retirement Obligations” which establishes standards                for the initial measurement and subsequent accounting for obligations                associated with the sale, abandonment, or other disposal of long-lived                tangible assets arising from the acquisition, construction or development                and for normal operations of such assets. The adoption of this standard                has had no effect on the Company’s financial position or results of                operations. As at December 31, 2005, any potential costs relating                to the                retirement of the Company’s mineral property interest has not been                determined. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Use                of Estimates and Assumptions |
|--------|-------------------------------------------------|

|   | The                preparation of financial statements in conformity with United States                generally accepted accounting principles requires management to make                estimates and assumptions that affect the reported amounts of assets                and                liabilities and disclosure of contingent assets and liabilities at                the                date of the financial statements and the reported amounts of revenues                and                expenses during the period. Actual results could differ from those                estimates. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Foreign                Currency Translation |
|--------|---------------------------------------------|

|   | The                financial statements are presented in United States dollars. In accordance                with Statement of Financial Accounting Standards No. 52, “Foreign Currency                Translation”, foreign denominated monetary assets and liabilities are                translated to their United States dollar equivalents using foreign                exchange rates which prevailed at the balance sheet date. Revenue                and                expenses are translated at average rates of exchange during the period.                Gains or losses resulting from foreign currency transactions are                included                in results of operations. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Fair                Value of Financial Instruments |
|--------|----------------------------------------------------|

|   | The                carrying value of cash and accounts payable and accrued liabilities                approximates their fair value because of the short maturity of these                instruments. It is management’s determination that the Company is not                exposed to significant interest, currency or credit risks arising                from                these financial instruments. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Environmental                Costs |
|--------|------------------------------------|

|   | Environmental                expenditures that relate to current operations are expensed or capitalized                as appropriate. Expenditures that relate to an existing condition                caused                by past operations, and which do not contribute to current or future                revenue generation, are expensed. Liabilities are recorded when                environmental assessments and/or remedial efforts are probable, and                the                cost can be reasonably estimated. Generally, the timing of these                accruals                coincides with the earlier of completion of a feasibility study or                the                Company’s commitments to plans of action based on the then known                facts. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**NORTHERN      WAY RESOURCES, INC.**

| Note                2 | Summary                of Significant Accounting Policies                -                (cont’d) |
|-----------------------|----------------------------------------------------------------------------------------------------------|

|   | Income                Taxes |
|--------|-----------------------------|

|   | The                Company follows the liability method of accounting for income taxes.                Under                this method, deferred income tax assets and liabilities are recognized                for                the estimated tax consequences attributable to differences between                the                financial statement carrying values and their respective income tax                basis                (temporary differences). The effect on deferred income tax assets                and                liabilities of a change in tax rates is recognized in income in the                period                that includes the enactment date. At December 31, 2005 a full deferred                tax                asset valuation allowance has been provided and no deferred tax asset                has                been recorded. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Basic                and Diluted Loss Per Share |
|--------|-------------------------------------------------|

|   | Basic                earnings per share includes no dilution and is computed by dividing                income                available to common stockholders by the weighted average number of                common                shares outstanding for the period. Dilutive earnings per share reflect                the                potential dilution of securities that could share in the earnings                of the                Company. Because the Company does not have any potentially dilutive                securities, the accompanying presentation is only of basic loss per                share. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note                3 | Mineral                Property |
|-----------------------|---------------------------------|

|   |   |
|--------|--------|
|   | River                Gold Property |
|--------|------------------------------------|
|   |   |
|--------|--------|

|   | Pursuant                to a mineral property purchase agreement dated March 30, 2005, the                Company                acquired a 100% undivided right, title and interest in a mineral                claim,                known as "River Gold Property", located in the Scadding Township,                Sudbury                Mining Division, Ontario, Canada by paying                $7,000. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note                4 | Capital                Stock |
|-----------------------|------------------------------|

|   | The                total number of common shares authorized that may be issued by the                Company                is 75,000,000 shares with a par value of one tenth of one cent ($0.001)                per share. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | During                the period from February 1, 2005 (Inception) to March 31, 2005, the                Company issued 7,572,250 shares of common stock for total proceeds                of                $27,500. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | At                December 31, 2005 there were no outstanding stock options or                warrants. |
|--------|---------------------------------------------------------------------------------------------------------|

| Note                5 | Related                Party Transactions |
|-----------------------|-------------------------------------------|

|   | The                President provides management services and office premises to the                Company.                The services are valued by management at $500 per month and the office                premises are valued by management at $300 per month. During the nine-month                period ended December 31, 2005, donated services of $4,500 and donated                rent expense of $2,700 were charged to operations. Related party                transactions are recorded at exchange                amounts. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note                6 | Subsequent                Events |
|-----------------------|----------------------------------|

|   | On                January 24, 2006, the Company entered into an Agreement and Plan                of                Reorganization with Marco Hi-Tech JV, Ltd. (“Marco”). The Company acquired                100% of Marco’s outstanding stock in exchange for 6,164,006 shares of the                Company’s common stock. The transaction will be accounted for as a                recapitalization of Marco, with Marco as the acquirer. As a result                of the                transaction the Company’s subsequent financial statements will contain                information related to the results of operations of the business                of                Marco. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Item      2. Management’s Discussion and Analysis or Plan of      Operation**

**Results      of Operations for Period Ending December 31, 2005**

**Critical      Accounting Policies**

**Item      3.**
**Controls      and Procedures**

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**PART      II**
**OTHER      INFORMATION**

**Item      6.**
**Exhibits.**

**Exhibit      List**

| Exhibit                No. | Description                                                                                                                                                                                                                                           |
|----------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                       |                                                                                                                                                                                                                                                  |
| 31.1                       | Certification                of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley                Act of 2002.                                                                                                                     |
| 31.2                       | Certification                of the Chief Financial Officer Pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002.                                                                                                                 |
| 32.1                       | Certification                of the Chief Executive Officer and Chief Financial Officer Pursuant                to 18                U.S.C. 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley                Act                of 2002. |
|                       |                                                                                                                                                                                                                                                  |

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**SIGNATURES**

|                                                  |                                                              |                            |
|-------------------------------------------------------|-------------------------------------------------------------------|---------------------------------|
|                                                  | **Neuro-Hitech                Pharmaceuticals, Inc.**(Registrant) |
|                                             |                                                         |                       |
| Date:                February 17,                2006 |                                                              | /s/              Reuben Seltzer |
|                                                  | Reuben              Seltzer                                       |
|                                                  | President              and              Chief Executive Officer   |

|                                 |                                 |                             |
|--------------------------------------|--------------------------------------|----------------------------------|
|                            |                            |                        |
| Date:              February 17, 2006 |                                 | /s/              Nicholas LaRosa |
|                                 | Nicholas              LaRosa         |
|                                 | Chief              Financial Officer |

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