**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 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 June 30, 2006**

**OR**

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

**For      the transition period from ___________ to ___________**

**0-51420**

**QUETZAL      CAPITAL I, INC.**

| **Florida**                                                                                 | **20-3061892**                                                       |
|---------------------------------------------------------------------------------------------|----------------------------------------------------------------------|
| (State                or other jurisdiction ofincorporation                or organization) | (I.R.S.                EmployerIdentification                Number) |

| **9040                  Town Center Parkway****Bradenton,                  Florida** | **34202**                 |
|--------------------------------------------------------------------------------------|---------------------------|
| (Address                of principal executive offices)                              | (Zip                Code) |

**(949)      673-7091**

|                                                       |                                        |
|------------------------------------------------------------|---------------------------------------------|
| Class                                                      | Outstanding                at June 30, 2006 |
| **Common                Stock, $.001 par value per share** | **5,000,000                shares**         |

----

**QUETZAL      CAPITAL I, INC.**

**TABLE      OF CONTENTS**

|                                                                                                                               |                 |   |   |
|------------------------------------------------------------------------------------------------------------------------------------|----------------------|--------|--------|
|                                                                                                                               | **  PAGE** |
| **Part     I                Financial Information**                                                       |                 | 1      |   |
|                                                                                                                               |                 |   |   |
| Item     1.                Financial Statements (unaudited)                                               |                 | 1      |   |
|                                                                                                                               |                 |   |   |
|          Balance                Sheet                                                 |                 | 1      |   |
|                                                                                                                               |                 |   |   |
|      Statements                of Operations                                                              |                 | 2      |   |
|                                                                                                                               |                 |   |   |
|      Statements                of Cash Flows                                                              |                 | 3      |   |
|                                                                                                                |                 |   |   |
|       Notes                to Financial Statements                                                   |                 | 4      |   |
|                                                                                                                               |                 |   |   |
| Item     2.                Management’s Discussion and Analysis or Plan of                Operation |                 | 12     |   |
|                                                                                                                               |                 |   |   |
| Item     3.                Controls and Procedures                                                        |                 | 13     |   |
|                                                                                                                               |                 |   |   |
| **Part     II                Other Information**                                                          |                 | 14     |   |
|                                                                                                                               |                 |   |   |
| Item     6.                Exhibits                                                                       |                 | 14     |   |
|                                                                                                                               |                 |   |   |
| **        Signatures**                                                                     |                 | 15     |   |

----

**PART      I **
**FINANCIAL      INFORMATION**

**Item      1. Financial Statements**

| **QUETZAL                CAPITAL I, INC.**       |
|--------------------------------------------------|
| **(A                DEVELOPMENT STAGE COMPANY)** |
| **BALANCE                SHEET**                 |
| **June                30, 2006**                 |
| **(Unaudited)**                                  |

| ASSETS                                                          |   |   |   |   |
|-----------------------------------------------------------------|--------|--------|--------|--------|
|                                                            |   |   |   |   |
| Current                assets:                                  |   |   |   |   |
| Cash                and cash equivalents                        |   | $      | 236    |   |
|                                                            |   |   |        |   |
| Total                current assets                             |   |   | 236    |   |
|                                                            |   |   |   |   |
|                                                            |   |   |   |   |
| Total                Assets                                     |   | $      | 236    |   |
|                                                            |   |   |   |   |
|                                                            |   |   |   |   |
| LIABILITIES                AND SHAREHOLDERS' DEFICIENCY         |   |   |   |   |
|                                                            |   |   |   |   |
| Current                liabilities:                             |   |   |   |   |
| Due                to shareholders                              |   | $      | 2,000  |   |
|                                                            |   |   |   |   |
| Total                current liabilities                        |   |   | 2,000  |   |
|                                                            |   |   |   |   |
| Shareholders'                Deficiency:                        |   |   |   |   |
| Common                stock, $.001 par value, 100,000,000       |   |   |   |   |
| shares                authorized; 5,000,000 shares              |   |   |   |   |
| issued                and outstanding                           |   |   | 5,000  |   |
| Deficit                accumulated during the development stage |   |   | (6,764 | )      |
|                                                            |   |   |   |   |
| Total                shareholders' deficiency                   |   |   | (1,764 | )      |
|                                                            |   |   |   |   |
| Total                Liabilities and Shareholders' Deficiency   |   | $      | 236    |   |

**See        Accompanying Notes to Unaudited Financial        Statements**

----

| **QUETZAL                C****APIT****AL                I, INC.** |
|-------------------------------------------------------------------|
| **(A                DEVELOPMENT STAGE COMPANY)**                  |
| **STATEMENTS                OF OPERATIONS**                       |
| **June                30, 2006****(Unaudited)**                   |

|                                                            |       | **For                the three**  | ** ** | **For                the six**    | ** ** | **June                27, 2005** | ** ** |
|-----------------------------------------------------------------|------------|-----------------------------------|------------|-----------------------------------|------------|----------------------------------|------------|
| ** **                                                      | ** ** | **month                period**   | ** ** | **month                period**   | ** ** | **(Inception)**                  | ** ** |
| ** **                                                      | ** ** | **ended                June 30,** | ** ** | **ended                June 30,** | ** ** | **To                June 30,**   | ** ** |
| ** **                                                      | ** ** | **2006**                          | ** ** | **2006**                          | ** ** | **2006**                         |       |
|                                                            |       |                              |       |                              |       |                             |       |
| **Revenue:**                                                    |       | $                                 | -          |                              | $          | -                                |       | $ | - |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
|                                                            |       |                              | -          |                              |       | -                                |       |   | - |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
| **Expenses:**                                                   |       |                              |       |                              |       |                             |       |   |   |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
| Bank                Charges                                     |       |                              | 48         |                              |       | 159                              |       |   | 159 |   |
| Filing                fees                                      |       |                              | 463        |                              |       | 463                              |       |   | 463 |   |
| Printing                Costs                                   |       |                              | -          |                              |       | -                                |       |   | 142 |   |
| Organization                Costs                               |       |                              |       |                              |       |                             |       |   | 156 |   |
| Accounting                                                      |       |                              | 7,000      |                              |       | 7,000                            |       |   | 12,000 |   |
| Legal                                                           |       |                              | -          |                              |       | -                                |       |   | 2,500 |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
|                                                            |       |                              | 7,511      |                              |       | 7,622                            |       |   | 15,420 |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
| **Other                income:**                                |       |                              |       |                              |       |                             |       |   |   |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
| Debt                forgiveness income                          |       |                              | 6,000      |                              |       | 6,000                            |       |   | 8,656 |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
| **Net                loss**                                     |       | $                                 | (1,511     | )                                 | $          | (1,622                           | )          | $ | (6,764 | ) |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
| Basic                and diluted net loss per share             |       | $                                 | -          |                              | $          | -                                |       | $ | - |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
|                                                            |       |                              |       |                              |       |                             |       |   |   |   |
| Weighted                average number of shares used in        |       |                              |       |                              |       |                             |       |   |   |   |
| calculating                basic and diluted net loss per share |       |                              | 5,000,000  |                              |       | 5,000,000                        |       |   | 5,000,000 |   |

**See        Accompanying Notes to Unaudited Financial        Statements**

----

| **QUETZAL****CAPITAL****I,                INC.** |
|--------------------------------------------------|
| **(A                DEVELOPMENT STAGE COMPANY)** |
| **STATEMENTS                OF CASH FLOWS**      |
| **June                30, 2006****(Unaudited)**  |

|       |       | ** **                      | ** ** | **June                27, 2005** | ** ** |
|------------|------------|---------------------------------|------------|----------------------------------|------------|
| ** ** | ** ** | **January                1,**   | ** ** | **(Inception)**                  | ** ** |
| ** ** | ** ** | **2006                To June** | ** ** | **To                June 30,**   | ** ** |
| ** ** | ** ** | **30,                2006**     | ** ** | **2006**                         |       |
|       |       |                            |       |                             |       |

| CASH                FLOWS FROM OPERATING ACTIVITIES:                |   |   |   |   |   |   |   |
|---------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|
| Net                Loss                                             |   | $      | (1,622 | )      | $      | (6,764 | )      |
| Adjustments                to reconcile net loss                    |   |   |   |   |   |   |   |
| to                net cash used in                                  |   |   |   |   |   |   |   |
| operating                activities:                                |   |   |   |   |   |   |   |
| Decrease                in:                                         |   |   | (142   | )      |   | -      |   |
| Accounts                Payable                                     |   |   |   |   |   |   |   |
|                                                                |   |   |   |   |   |   |   |
| NET                CASH USED IN OPERATING                ACTIVITIES |   |   | (1,764 | )      |   | (6,764 | )      |
|                                                                |   |   |   |   |   |   |   |
|                                                                |   |   |   |   |   |   |   |
| FINANCING                ACTIVITIES                                 |   |   |   |   |   |   |   |
| Proceeds                from issuance of common stock               |   |   | -      |   |   | 5,000  |   |
| Proceeds                from Loans                                  |   |   | 2,000  |   |   | 2,000  |   |
|                                                                |   |   |   |   |   |   |   |
| NET                CASH PROVIDED BY FINANCING ACTIVITIES            |   |   | 2,000  |   |   | 7,000  |   |
|                                                                |   |   |   |   |   |   |   |
| NET                INCREASE (DECREASE) IN CASH                      |   |   | 236    |   |   | 236    |   |
|                                                                |   |   |   |   |   |   |   |
| CASH                AT BEGINNING OF PERIOD                          |   |   | -      |   |   | -      |   |
|                                                                |   |   |   |   |   |   |   |
| CASH                AT END OF PERIOD                                |   | $      | 236    |   | $      | 236    |   |
|                                                                |   |   |   |   |   |   |   |
|                                                                |   |   |   |   |   |   |   |
| SUPPLEMENTAL                DISCLOSURE OF CASH FLOW INFORMATION     |   |   |   |   |   |   |   |
|                                                                |   |   |   |   |   |   |   |
| NONCASH                INVESTING AND FINANCING TRANSACTIONS         |   |   |   |   |   |   |   |
|                                                                |   |   |   |   |   |   |   |
| Taxes                paid                                           |   | $      | -      |   | $      | -      |   |
| Interest                paid                                        |   | $      | -      |   | $      | -      |   |

**See        Accompanying Notes to Unaudited Financial        Statements**

----

**QUETZAL      CAPITAL I, INC.**

**(A      Development Stage Company)**

**Notes      to Financial Statements**

**June      30, 2006**

**Note      1 - Basis of Presentation**

**Note      2 - Accounting Policies and Operations**

**Organization**

**Subsequent      Event**

----

**Cash      and Cash Equivalents**

**Earnings      Per Share**

**Use      of Estimates**

**Income      Taxes **

**Fair      Value of Financial Instruments**

----

**Going      Concern**

**Note      3 - Shareholders’ Equity**

----

| **VALLEY                FORGE COMPOSITE TECHNOLOGIES, INC.** |
|--------------------------------------------------------------|
| **BALANCE                SHEET**                             |
| **June                30, 2006**                             |
| **(Unaudited)**                                              |

| ASSETS                                                        |   |   |       |   |
|---------------------------------------------------------------|--------|--------|------------|--------|
|                                                          |   |   |       |   |
| Current                assets:                                |   |   |       |   |
| Cash                and cash equivalents                      |   | $      | 37,477     |   |
| Accounts                receivable                            |   |   | 921,919    |   |
|                                                          |   |   |       |   |
| Total                current assets                           |   |   | 959,396    |   |
|                                                          |   |   |       |   |
| Property                and equipment, net                    |   |   | 10,851     |   |
|                                                          |   |   |       |   |
| Total                Assets                                   |   | $      | 970,247    |   |
|                                                          |   |   |       |   |
|                                                          |   |   |       |   |
| LIABILITIES                AND SHAREHOLDERS' DEFICIENCY       |   |   |       |   |
|                                                          |   |   |       |   |
| Current                liabilities:                           |   |   |       |   |
| Accounts                payable and accrued expenses          |   | $      | 408,060    |   |
| Due                to shareholders                            |   |   | 656,851    |   |
|                                                          |   |   |       |   |
| Total                current liabilities                      |   |   | 1,064,911  |   |
|                                                          |   |   |       |   |
| Shareholders'                Deficiency:                      |   |   |       |   |
| Common                stock, $.001 par value, 1,000           |   |   |       |   |
| shares                authorized; 1,000 shares                |   |   |       |   |
| issued                and outstanding                         |   |   | 1          |   |
| Additional                paid-in capital                     |   |   | 1,504,999  |   |
| Accumulated                deficit                            |   |   | (1,599,664 | )      |
|                                                          |   |   |       |   |
| Total                shareholders' deficiency                 |   |   | (94,664    | )      |
|                                                          |   |   |       |   |
| Total                Liabilities and Shareholders' Deficiency |   | $      | 970,247    |   |

**See        Accompanying Notes to Unaudited Financial        Statements**

----

| **VALLEY                  FORGE COMPOSITE TECHNOLOGIES, INC.** |
|----------------------------------------------------------------|
| **STATEMENTS                  OF OPERATIONS**                  |
| **June                  30, 2006****(Unaudited)**              |

|                                                 |       |                               |       |                               |       |                               |       |                               |       |
|------------------------------------------------------|------------|------------------------------------|------------|------------------------------------|------------|------------------------------------|------------|------------------------------------|------------|
|                                                 |       | **For                  the six**   | ** ** | **For                  the six**   | ** ** | **For                  the three** | ** ** | **For                  the three** | ** ** |
| ** **                                           | ** ** | **months                  ending** | ** ** | **months                  ending** | ** ** | **months                  ending** | ** ** | **months                  ending** | ** ** |
| ** **                                           | ** ** | **June                  30, 2006** | ** ** | **June                  30, 2005** | ** ** | **June                  30, 2006** | ** ** | **June                  30, 2005** |       |
|                                                 |       |                               |       |                               |       |                               |       |                               |       |
| SALES                                                |       | $                                  | 1,339,511  |                               | $          | -                                  |       | $                                  | -          |   | $ | - |   |
|                                                 |       |                               |       |                               |       |                               |       |                               |       |   |   |   |   |
| COSTS                  AND EXPENSES                  |       |                               |       |                               |       |                               |       |                               |       |   |   |   |   |
|                                                 |       |                               |       |                               |       |                               |       |                               |       |   |   |   |   |
| Cost                  of sales                       |       |                               | 588,200    |                               |       | -                                  |       |                               | -          |   |   | - |   |
| Research                  and Development            |       |                               | 300,000    |                               |       | 250,000                            |       |                               | 150,000    |   |   | 125,000 |   |
| Selling                  and administrative expenses |       |                               | 823,066    |                               |       | 35,670                             |       |                               | 65,959     |   |   | 16,517 |   |
|                                                 |       |                               | 1,711,266  |                               |       | 285,670                            |       |                               | 215,959    |   |   | 141,517 |   |
|                                                 |       |                               |       |                               |       |                               |       |                               |       |   |   |   |   |
| LOSS                  FROM OPERATIONS                |       |                               | (371,755   | )                                  |       | (285,670                           | )          |                               | (215,959   | ) |   | (141,517 | ) |
|                                                 |       |                               |       |                               |       |                               |       |                               |       |   |   |   |   |
| OTHER                  INCOME                        |       |                               |       |                               |       |                               |       |                               |       |   |   |   |   |
|                                                 |       |                               |       |                               |       |                               |       |                               |       |   |   |   |   |
| Investment                  income                   |       |                               | 56         |                               |       | 67                                 |       |                               | 9          |   |   | 37 |   |
|                                                 |       |                               |       |                               |       |                               |       |                               |       |   |   |   |   |
| NET                  LOSS                            |       | $                                  | (371,699   | )                                  | $          | (285,603                           | )          | $                                  | (215,950   | ) | $ | (141,480 | ) |

**See        Accompanying Notes to Unaudited Financial Statements**

----

| **VALLEY                  FORGE COMPOSITE TECHNOLOGIES, INC.** |   |
|----------------------------------------------------------------|--------|
| **STATEMENTS                  OF CASH FLOWS**                  |   |
| **June                  30, 2006****(Unaudited)**              |   |

|                                                   |       |                               |       |                               |       |
|--------------------------------------------------------|------------|------------------------------------|------------|------------------------------------|------------|
|                                                   |       | **For                  the six**   | ** ** | **For                  the six**   | ** ** |
| ** **                                             | ** ** | **months                  ended**  | ** ** | **months                  ended**  | ** ** |
| ** **                                             | ** ** | **June                  30, 2006** | ** ** | **June                  30, 2005** |       |
|                                                   |       |                               |       |                               |       |
| CASH                  FLOWS FROM OPERATING ACTIVITIES  |       |                               |       |                               |       |   |   |
| Net                  loss                              |       | $                                  | (371,699   | )                                  | $          | (285,603 | ) |
| Adjustments                  to reconcile net loss     |       |                               |       |                               |       |   |   |
| to                  net cash provided by (used in)     |       |                               |       |                               |       |   |   |
| operating                  activities:                 |       |                               |       |                               |       |   |   |
| Depreciation                  expense                  |       |                               | 2,017      |                               |       | 2,101 |   |
| Contributed                  Capital for services      |       |                               | 300,000    |                               |       | 250,000 |   |
| (Increase)                  Decrease in:               |       |                               |       |                               |       |   |   |
| Accounts                  Receivable                   |       |                               | (921,918   | )                                  |       | - |   |
|                                                   |       |                               |       |                               |       |   |   |
| Increase                  (decrease) in:               |       |                               |       |                               |       |   |   |
| Accounts                  Payable and Accrued Expenses |       |                               | 526,831    |                               |       | (965 | ) |
|                                                   |       |                               |       |                               |       |   |   |
| NET                  CASH PROVIDED/USED BY             |       |                               | (464,769   | )                                  |       | (34,467 | ) |
| OPERATING                  ACTIVITIES                  |       |                               |       |                               |       |   |   |
|                                                   |       |                               |       |                               |       |   |   |
| CASH                  FLOWS FROM INVESTING ACTIVITIES  |       |                               |       |                               |       |   |   |
|                                                   |       |                               |       |                               |       |   |   |
| Capital                  Expenditures                  |       |                               | (4,131     | )                                  |       | (402 | ) |
|                                                   |       |                               |       |                               |       |   |   |
| NET                  CASH USED IN                      |       |                               | (4,131     | )                                  |       | (402 | ) |
| INVESTING                  ACTIVITIES                  |       |                               |       |                               |       |   |   |
|                                                   |       |                               |       |                               |       |   |   |
| CASH                  FLOWS FROM FINANCING ACTIVITIES  |       |                               |       |                               |       |   |   |
| Loan                  from shareholder                 |       |                               | 491,527    |                               |       | - |   |
| Loan                  repayment to shareholder         |       |                               | -          |                               |       | (18,100 | ) |
|                                                   |       |                               |       |                               |       |   |   |
| NET                  CASH PROVIDED BY (USED IN)        |       |                               | 491,527    |                               |       | (18,100 | ) |
| FINANCING                  ACTIVITIES                  |       |                               |       |                               |       |   |   |
|                                                   |       |                               |       |                               |       |   |   |
| NET                  INCREASE (DECREASE) IN CASH       |       |                               | 22,627     |                               |       | (52,969 | ) |
|                                                   |       |                               |       |                               |       |   |   |
| CASH                  AT BEGINNING OF PERIOD           |       |                               | 14,850     |                               |       | 69,756 |   |
|                                                   |       |                               |       |                               |       |   |   |
| CASH                  AT END OF PERIOD                 |       | $                                  | 37,477     |                               | $          | 16,787 |   |

**See        Accompanying Notes to Unaudited Financial Statements**

----

----

----

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

**Safe          Harbor Statement under the Private Securities Litigation Reform Act of          1995**

**Overview**

----

**Critical        Accounting Policies and Estimates**

**Plan        of Operation**

**Off-Balance          Sheet Arrangements**

**Subsequent        Event**

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

----

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

**Item      6. Exhibits**

|   | (a) | Exhibits |
|--------|-----|----------|

| **Exhibit****No.** | **Exhibit****Page****No.** |  **Description**                                                                                                                                                                                                                                                                                                                          |
|--------------------|----------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.1                | *                          | Share                Exchange Agreement Between Quetzal Capital 1, Inc. and the Shareholders                of                Valley Forge Composite Technologies, Inc., dated July 6,                2006                                                                                                                                     |
| 3(i)(1)            | *                          | Articles                of Amendment by Quetzal Capital 1, Inc.                                                                                                                                                                                                                                                                                |
| 4.3                | *                          | Valley                Forge Composite Technologies, Inc.’s Notice of Shareholder Action and                Information Statement                                                                                                                                                                                                         |
| 4.4                | *                          | Articles                and Plan of Share Exchange Between Quetzal Capital 1, Inc., a Florida                corporation, and Valley Forge Composite Technologies, Inc., a Pennsylvania                corporation, filed with the Florida Department of State, Division                of                Corporations, effective July 6, 2006 |
| 4.5                | *                          | Articles                and Plan of Share Exchange Between Quetzal Capital 1, Inc., a Florida                corporation, and Valley Forge Composite Technologies, Inc., a Pennsylvania                corporation, filed with the Pennsylvania Department of State, Corporation                Bureau, effective July 6, 2006                 |
| 10.1               | *                          | Registration                Rights Agreement, dated July 6, 2006                                                                                                                                                                                                                                                                               |
| 10.2               | *                          | Consulting                Agreement between Coast To Coast Equity Group, Inc. and Quetzal Capital                1,                Inc., dated July 6, 2006                                                                                                                                                                                    |
| 10.3               | *                          | Warrant                Agreement between Coast                To Coast Equity Group, Inc. and Quetzal Capital 1, Inc., dated July                6,                2006                                                                                                                                                                        |
| 10.4               | *                          | Form                of Investment Letter                                                                                                                                                                                                                                                                                                       |
| 14                 |                       | Code                of Ethics                                                                                                                                                                                                                                                                                                                  |
| 14.1               |                       | Code                of Conduct                                                                                                                                                                                                                                                                                                                 |
| 31.1               |                       | 13a-14(a)-15d-14(a)                Certification - Louis J.                Brothers                                                                                                                                                                                                                                                            |
| 32.1               |                       | 18                U.S.C. § 1350 Certification - Louis J.                Brothers                                                                                                                                                                                                                                                          |
| 99.2               | *                          | Letter                of Resignation by Tony N. Frudakis                                                                                                                                                                                                                                                                                       |

----

**SIGN**
**ATU**
**RES**

|                                 |                                                                                                                                 |                                 |
|--------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------|
|                                 | **QUETZAL                CAPITAL I, INC. (now known as VALLEY FORGE COMPOSITE TECHNOLOGIES,                INC.)**                   |
|                            |                                                                                                                            |                            |
| Date:                August 14, 2006 | By:                                                                                                                                  | /s/                Louis J. Brothers |
|                                 | Louis                J. Brothers                                                                                                     |
|                                 | President,                Secretary and Treasurer(Principal                Accounting Officer and Authorized                Officer) |

----

| **Exhibit****No.** | **Exhibit****Page****No.** |  **Description**                                                                                                                                                                                                                                                                                                                                                                                    |
|--------------------|----------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.1                | *                          | Share                    Exchange Agreement Between Quetzal Capital 1, Inc. and the Shareholders                    of                    Valley Forge Composite Technologies, Inc., dated July 6,                    2006                                                                                                                                                                               |
| 3(i)(1)            | *                          | Articles                    of Amendment by Quetzal Capital 1, Inc.                                                                                                                                                                                                                                                                                                                                      |
| 4.3                | *                          | Valley                    Forge Composite Technologies, Inc.’s Notice of Shareholder Action and                    Information Statement                                                                                                                                                                                                                                                           |
| 4.4                | *                          | Articles                    and Plan of Share Exchange Between Quetzal Capital 1, Inc., a                    Florida                    corporation, and Valley Forge Composite Technologies, Inc., a                    Pennsylvania                    corporation, filed with the Florida Department of State, Division                    of                    Corporations, effective July 6, 2006 |
| 4.5                | *                          | Articles                    and Plan of Share Exchange Between Quetzal Capital 1, Inc., a                    Florida                    corporation, and Valley Forge Composite Technologies, Inc., a                    Pennsylvania                    corporation, filed with the Pennsylvania Department of State,                    Corporation                    Bureau, effective July 6, 2006  |
| 10.1               | *                          | Registration                    Rights Agreement, dated July 6, 2006                                                                                                                                                                                                                                                                                                                                     |
| 10.2               | *                          | Consulting                    Agreement between Coast To Coast Equity Group, Inc. and Quetzal                    Capital 1,                    Inc., dated July 6, 2006                                                                                                                                                                                                                                  |
| 10.3               | *                          | Warrant                    Agreement between Coast                    To Coast Equity Group, Inc. and Quetzal Capital 1, Inc., dated                    July 6,                    2006                                                                                                                                                                                                                  |
| 10.4               | *                          | Form                    of Investment Letter                                                                                                                                                                                                                                                                                                                                                             |
| 14                 |                       | Code                    of Ethics                                                                                                                                                                                                                                                                                                                                                                        |
| 14.1               |                       | Code                    of Conduct                                                                                                                                                                                                                                                                                                                                                                       |
| 31.1               |                       | 13a-14(a)-15d-14(a)                    Certification - Louis J.                    Brothers                                                                                                                                                                                                                                                                                                              |
| 32.1               |                       | 18                    U.S.C. § 1350 Certification - Louis J.                    Brothers                                                                                                                                                                                                                                                                                                            |
| 99.2               | *                          | Letter                    of Resignation by Tony N.                    Frudakis                                                                                                                                                                                                                                                                                                                          |

----