**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


Washington,
      D.C. 20549





**Form
        10-QSB/A**





(Mark
      One)





**[X]
      QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT**


**OF
      1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2006**





**[_]
      TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT**





**FOR
      THE TRANSITION PERIOD FROM __________ TO __________**


*COMMISSION
      FILE NUMBER ________________________________*




AULTRA
        GOLD INC.


(Name
      of
      small business issuer in its charter)





NEVADA
            98-0448154(State or other jurisdiction of
                incorporation or organization)
            (I.R.S. Employer Identification
                No.)




120
          North
          5 th Street
 JACKSONVILLE
          OR 97530
 (Address
      of principal executive offices)





New
            World
            Entertainment Corp.
 7251
            West
            Lake Mead Boulevard, Suite 300
 Las
            Vegas, Nevada 89128
 (Former
        name or former address, if changed since last report)





Issuer's
        telephone Number: (604)
        633-
        0348





Copies
          to:
 Richard
          A. Friedman, Esq.
 Sichenzia
          Ross Friedman Ference LLP
 1065
          Avenue of the Americas
 New
          York,
          New York 10018
 Phone:
          (212) 930-9700
 Fax:
          (212) 930-9725


Check
      whether the issuer (1) filed all reports required to be filed by Section 13
      or
      15(d) of the Exchange Act during the past 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 [ ]





**APPLICABLE
      ONLY TO ISSUERS INVOLVED IN BANKRUPTCY**


**PROCEEDINGS
      DURING THE PRECEDING FIVE YEARS**





Check
      whether the registrant filed all documents and reports required to be filed
      by
      Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities
      under a plan confirmed by a court:  Yes [ ]
      No [ ]





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





**APPLICABLE
      ONLY TO CORPORATE ISSUERS**





State
        the
        number of shares outstanding of each of the issuer's classes of common equity,
        as of the latest practicable date: As of January 23, 2007, the issuer had
        106,730,001 outstanding shares of Common Stock.





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












**EXPLANATORY
        NOTE**





This
        Amended Quarterly Report on Form 10-QSB/A (the “Amended Report”) amends the
        Quarterly Report on Form 10-QSB filed with the Securities and Exchange
        Commission on November 28, 2006 (the “Report”) solely to correct the omission by
        the prior sole officer of the Company to execute this Report in the officer’s
        capacities as the Company’s Chief Executive Officer, Chief Financial Officer and
        Principal Financial Officer. The Company’s current officers have executed this
        Amended Report in their respective capacities as the Company’s Chief
        Executive Officer, Chief Financial Officer and Principal Financial
        Officer.















2






**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.




**AULTRA
                  GOLD INC.******Date: *March
                13, 2007*
              By:
              /s/ *Rauno
                Perttu**Rauno
                Perttu*President,
                and
                Chief Executive Officer





By:
              /s/ *Bal
                Bhullar*Bal
                BhullarChief
                  Financial Officer and Principal Financial
                  Officer