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UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549****FORM 10-QSB******
(Mark One) 
__**X**__ANNUAL 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: **000-52029**   **PLATINUM RESEARCH ORGANIZATION, INC.        
(Name of small business issuer in its charter)           **Nevada  **20-2842514      
(State of other jurisdiction of incorporation or  organization)  
(I.R.S. Employer I.D. No.)          **Suite 421 - 1917 West 4th Avenue  Vancouver BC, Canada **V6J 1M7     
(Address of principal executive offices) 
(Zip Code)          
Issuer's telephone number **604-689-4088**     **NORTHTECH CORPORATION    
(Former names, former address and former fiscal year, if  changed since last report)  Check whether the issuer (1) filed all  reports required to be filed by Section 13 or 15(d) of the 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 [   ] Indicate by check mark whether the  registrant is a large accelerated filer, an accelerated filer, or a  non-accelerated filer. See definition of "accelerated filer and large  accelerated filer" in Rule 12b-2 of the Exchange Act          Large accelerated filer [ ] Accelerated Filer [ ] Non-accelerated filer [  **X** ] Indicate by check mark whether the  registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).                       Yes [**X**] No [ ] 
i
**APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCYPROCEEDINGS DURING THE PRECEDING FIVE YEARS**
Check whether the issuer has filed all documents and reports required to befiled by Section 12, 13 or 15(d) of the Exchange Act after the distribution ofsecurities under a plan confirmed by a court. [ ] No [  ] 
**Not Applicable

APPLICABLE ONLY TO CORPORATE ISSUERS**
State the number of shares outstanding of each of the issuer's classes ofcommon equity, as of the latest practicable date: **We had a total of6,500,000 shares of common stock, par value $.001, issued and outstanding atSeptember 30, 2006.**
Transitional Small Business Disclosure Format (Check one): Yes [ ] No [**X**] 

ii**TABLE OF CONTENTS******
 
   **Page No.     **NOTE REGARDING FORWARD-LOOKING INFORMATION**
1    **PART I: FINANCIAL INFORMATION**
1  Item 1. Financial  Statements
1  Item  2. Management's Discussion and Analysis or Plan of Operation
16  Item 3. Controls and  Procedures
18     **PART II: OTHER  INFORMATION**
19  Item  1A. Risk Factors
19  Item 6. Exhibits
19     **SIGNATURES**
20 
iii

 
**NOTE CONCERNING FORWARD-LOOKING INFORMATION**
The statements contained in this Form 10-QSB that are not purely historicalare forward-looking statements within the meaning of Section 27A of theSecurities Act of 1933, as amended, and Section 21E of the Securities ExchangeAct of 1934,as amended. These include statements about our expectations,beliefs, intentions or strategies for the future, which are indicated by wordsor phrases such as anticipate, expect, intend, plan, will, the Company believes,management believes and similar words or phrases. The forward-looking statementsare based on our current expectations and are subject to certain risks,uncertainties and assumptions. Our actual results could differ materially fromresults anticipated in these forward-looking statements. All forward-lookingstatements included in this document are based on information available to us onthe date hereof, and we assume no obligation to update any such forward-lookingstatements.

 
**PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS**
The interim financial statements included herein are unaudited but reflect,in management's opinion, all adjustments, consisting only of normal recurringadjustments, necessary for a fair presentation of Registrant's financialposition and the results of our operations for the interim periods presented.Because we are a start up, development stage business, the results of operationsfor the three months ended September 30, 2006 are not necessarily indicative ofthe results that may be expected for the full fiscal year.
** 

 

PLATINUM RESEARCH ORGANIZATION, INC.(formerly NorthTech Corporation)(A Development Stage Company)

Financial Statements(Expressed in U.S. Dollars)(Unaudited)**30 September 2006
 

 **
1

 
**Platinum Research Organization, Inc.(formerly NorthTech Corporation)(A Development Stage Company)Balance Sheets(Expressed in U.S. Dollars)(Unaudited)
  **As at 30  September   2006
 **As at 31  December 2005  (Audited)  **$ **$     **Assets**         **Current**    Cash and cash equivalents 
69,681 
1,904Prepaid expenses  
- 
50     
69,681 
1,954   **Liabilities**         **Current**    Accounts payable and accrued  liabilities (Note 3) 
1,976 
7,540Due to related party (Note 4) 
7,200 
5,000     
9,176 
12,540   **Stockholders' equity**    **Capital stock** (Note 6)    Authorized    75,000,000 common shares, par  value $0.001     Issued and outstanding    30 September 2006 - 6,500,000  common shares, par value $0.001     31 December 2005 - 4,500,000  common shares, par value $0.001 
6,500 
4,500**Warrants** 
308 
-**Additional paid-in capital** 
120,192 
4,500**Deficit, accumulated during the  development stage** 
(66,495) 
(19,586)     
60,505 
(10,586)     
69,681 
1,954         **Nature and Continuance of Operations**(Note 1) and **Subsequent Events**(Note 9)    
 

See notes to financial statements
**On behalf of the Board:

 **
/s/ Cecelia Pineda                    Director Cecelia Pineda

2
**Platinum Research Organization, Inc.(formerly NorthTech Corporation)(A Development Stage Company)Statements of Operations (Expressed in U.S. Dollars)(Unaudited)
******For the  period  from the   date of   inception   on 13 May   2005 to 30  September   2006**For the   three   month  period  ended 30  September  2006** 

For the  three   month  period  ended 30  September   2005** 

For the  nine   month  period   ended 30   September  2006**For the  period  from the  date of  inception  on 13 May

2005 to 30  September   2005**$**$**$**$**$**Expenses**Bank charges and  interest
1,139
-
15
1,104
15Consulting fees
5,000
-
-
-
-Legal and accounting
24,061
2,166
4,667
10,374
4,667Management fees (Notes  5, 6 and 9)
15,300
5,100
-
15,300
-Marketing
16,680
1,950
-
16,680
-Office and  miscellaneous
189
-
71
100
89Rent (Notes 5, 6 and  9)
2,700
900
-
2,700
-Transfer agent fees
1,417
303
805
662
805**Loss before other  item**
(66,486)
(10,419)
(5,558)
(46,920)
(5,576)**Other item**Foreign exchange gain  (loss)
(9)
(10)
-
11
-**Net loss for the  period**
(66,495)
(10,429)
(5,558)
(46,909)
(5,576)**Basic and diluted  loss per   common share**
(0.002)
(0.002)
(0.008)
(0.002)**Weighted average  number of   common shares used in per   share calculations**
 

6,500,000
 

3,313,187
 

5,847,990
3,313,187       
 

See notes to financial statements

3
**Platinum Research Organization, Inc.(formerly NorthTech Corporation)(A Development Stage Company)Statements of Cash Flows (Expressed in U.S. Dollars)(Unaudited)
 **For the period  from the date   of inception on  13 May 2005  to 30   September  2006**For the  three month  period   ended 30  September  2006** 

For the  three   month  period  ended 30  September  2005** 

For the nine month  period   ended 30   September  2006**For the  period from  the date of  inception on  13 May

2005 to 30  September   2005**$**$**$**$**$**Cash flows from  operating activities**Net loss for the  period
(66,495)
(10,429)
(5,558)
(46,909)
(5,576)Adjustments to  reconcile loss to net cash used by operating activities
Contributions to capital by related party - expenses (Notes 5, 6 and 9)

18,000
6,000
-
18,000
-Changes in operating  assets and liabilitiesDecrease in prepaid  expenses
-
-
-
50
-Increase (decrease) in  accounts payable and accrued liabilities
1,976
(742)
-
(5,564)
-
(46,519)
(5,171)
(5,558)
(34,423)
(5,576)**Cash flows from  financing activities**Common shares issued  for cash 
108,692
-
9,000
99,692
9,000Warrants issued for  cash
308
-
-
308
-Increase (decrease) in  due to related party
7,200
-
(500)
2,200
-
116,200
-
8,500
102,200
9,000**Increase (decrease)  in cash and cash equivalents**
69,681
(5,171)
2,942
67,777
3,424**Cash and cash  equivalents, beginning of period**
-
74,852
482
1,904
-**Cash and cash  equivalents, end of period**
69,681
69,681
3,424
69,681
3,424**Supplemental Disclosures with Respect to Cash Flows**(Note 8)** **
See notes to financial statements

4
**Platinum Research Organization, Inc.(formerly NorthTech Corporation)Statements of Changes in Stockholders' Equity(Expressed in U.S. Dollars)(Unaudited)
**Number of   common  shares  issued**Capital  stock**Additional  paid-in  capital**Warrants**Deficit,  accumulated   during the   development  stage** 

 

Stockholders'  equity**$**$**$**$**$**Balance at 13 May  2005
(inception)Common shares issued  for cash ($0.002 per share) - 25 July 2005
4,500,000
4,500
4,500
-
-
9,000Net loss for the  period
-
-
-
-
(19,586)
(19,586)**Balance at 31  December 2005**
4,500,000
4,500
4,500
-
(19,586)
(10,586)Common shares issued  for cash ($0.05 per unit) - 30 March 2006 (Note 6)
2,000,000
2,000
97,692
-
-
99,692Warrants granted for  cash 
-
-
-
308
-
308Contributions to  capital by related party - expenses (Notes 5, 6 and 9)
-
-
18,000
-
-
18,000Net loss for the  period
-
-
-
-
(46,909)
(46,909)**Balance at 30  September 2006**
6,500,000
6,500
120,192
308
(66,495)
60,505** **
5
**Platinum Research Organization, Inc.(formerly NorthTech Corporation)(A Development Stage Company)Notes to Financial Statements(Unaudited)**30 September 2006****Nature and Continuance of Operations

Platinum Research Organization, Inc. (formerly NorthTech Corporation) (the "Company") was incorporated under the laws of  the State of Nevada on 13 May 2005. The Company was incorporated for the  purpose of developing and marketing two database management programs, one for  small businesses and the other for community-based sports teams.

The Company is a development stage enterprise, as defined in Statements of  Financial Accounting Standards ("SFAS") No. 7, "*Accounting and Reporting by  Development Stage Enterprises*". The Company is devoting all of its present  efforts to securing and establishing a new business and its planned principle  operations have not commenced. Accordingly, no revenue has been derived during  the organization period.

The Company's financial statements as at 30 September 2006 and for the  three and nine month periods then ended have been prepared on a going concern  basis, which contemplates the realization of assets and the settlement of  liabilities and commitments in the normal course of business. The Company has  a loss of $46,909 for the nine month period ended 30 September 2006 and has  working capital of $60,505 at 30 September 2006 (31 December 2005 - working  capital deficit of $10,586).

Management cannot provide assurance that the Company will ultimately  achieve profitable operations or become cash flow positive, or raise  additional debt and/or equity capital. Management believes that the Company's  capital resources should be adequate to continue operating and maintaining its  business strategy during the fiscal year ending 2006. However, if the Company  is unable to raise additional capital in the near future, due to the Company's  liquidity problems, management expects that the Company will need to curtail  operations, liquidate assets, seek additional capital on less favorable terms  and/or pursue other remedial measures. These financial statements do not  include any adjustments related to the recoverability and classification of  assets or the amounts and classification of liabilities that might be  necessary should the Company be unable to continue as a going concern.

At 30 September 2006, the Company had suffered losses from development  stage activities to date. Although management is currently attempting to  implement its business plan, and is seeking additional sources of equity or  debt financing, there is no assurance these activities will be successful.  Accordingly, the Company must rely on its president to perform essential  functions without compensation until a business operation can be commenced.  These factors raise substantial doubt about the ability of the Company to  continue as a going concern. The financial statements do not include any  adjustments that might result from the outcome of this uncertainty.

6

**Platinum Research Organization, Inc.(formerly NorthTech Corporation)(A Development Stage Company)**Notes to Financial Statements(Unaudited)30 September 2006 
**2. Significant Accounting Policies

The following is a summary of significant accounting policies used in the  preparation of these financial statements.
**Basis of presentation**
The accompanying unaudited interim financial statements have been prepared  as of 30 September 2006, and for each of the three month and nine month  periods ended 30 September 2006 and for the period from the date of inception  on 13 May 2005 to 30 September 2006 and for the three month period ended 30  September 2005 and for the period from the date of inception on 13 May 2005 to  30 September 2005 in accordance with accounting principles generally accepted  in the United States of America relating to the preparation of financial  statements for interim periods. Accordingly, they do not include all the  information and footnotes required by generally accepted accounting principles  for complete financial statements. In the opinion of management, all  adjustments (consisting of normal recurring accruals) considered necessary for  a fair presentation have been included. Operating results for the three month  and nine month periods ended 30 September 2006 are not necessarily indicative  of the results that may be expected for the year ending 31 December 2006.

These interim financial statements follow the same accounting policies and  methods of their application as the most recent annual financial statements.  These interim financial statements should be read in conjunction with the  audited financial statements of the Company as at 31 December 2005.
**Cash and cash equivalents**
Cash and cash equivalents include highly liquid investments with original  maturities of three months or less.
**Financial instruments**
The carrying value of cash, accounts payable and accrued liabilities, and  amounts due to related party approximate their fair value because of the short  maturity of these instruments. The Company's operations are in Canada and  virtually all of its assets and liabilities are giving rise to significant  exposure to market risks from changes in foreign currency rates. The Company's  financial risk is the risk that arises from fluctuations in foreign exchange  rates and the degree of volatility of these rates. Currently, the Company does  not use derivative instruments to reduce its exposure to foreign currency  risk.
**Derivative financial instruments**
The Company has not, to the date of these financial statements, entered  into derivative instruments to offset the impact of foreign currency  fluctuations.

7
**Platinum Research Organization, Inc.(formerly NorthTech Corporation)(A Development Stage Company)Notes to Financial Statements(Unaudited)**30 September 2006****Income taxes

Deferred income taxes are reported for timing differences between items of  income or expense reported in the financial statements and those reported for  income tax purposes in accordance with SFAS No. 109, "*Accounting for Income  Taxes*", which requires the use of the asset/liability method of accounting  for income taxes. Deferred income taxes and tax benefits are recognized for  the future tax consequences attributable to differences between the financial  statement carrying amounts of existing assets and liabilities and their  respective tax bases, and for tax losses and credit carry forwards. Deferred  tax assets and liabilities are measured using enacted tax rates expected to  apply to taxable income in the years in which those temporary differences are  expected to be recovered or settled. The Company provides for deferred taxes  for the estimated future tax effects attributable to temporary differences and  carry-forwards when realization is more likely than not.
**Basic and diluted net loss per share**
The Company computes net income (loss) per share in accordance with SFAS  No.128, "*Earnings per Share*". SFAS No. 128 requires presentation of  both basic and diluted earnings per share ("EPS") on the face of the income  statement. Basic EPS is computed by dividing net income (loss) available to  common shareholders (numerator) by the weighted average number of shares  outstanding (denominator) during the period. Diluted EPS gives effect to all  dilutive potential common shares outstanding during the period using the  treasury stock method and convertible preferred stock using the if-converted  method. In computing diluted EPS, the average stock price for the period is  used in determining the number of shares assumed to be purchased from the  exercise of stock options or warrants. Diluted EPS excluded all dilutive  potential shares if their effect is anti-dilutive.
**Comprehensive loss**
SFAS No. 130, "*Reporting Comprehensive Income*", establishes  standards for the reporting and display of comprehensive loss and its  components in the financial statements. As at 30 September 2006, the Company  has no items that represent a comprehensive loss and, therefore, has not  included a schedule of comprehensive loss in the financial statements.
**Segments of an enterprise and related information**
SFAS No. 131, "*Disclosures about Segments of an Enterprise and Related  Information*", supersedes SFAS No. 14, "*Financial Reporting for Segments  of a Business Enterprise*". SFAS No. 131 establishes standards for the way  that public companies report information about operating segments in annual  financial statements and requires reporting of selected information about  operating segments in interim financial statements issued to the public. It  also establishes standards for disclosures regarding products and services,  geographic areas and major customers. SFAS No. 131 defines operating segments  as components of a company about which separate financial information is  available that is evaluated regularly by the chief operating decision maker in  deciding how to allocate resources and in assessing performance. The Company  has evaluated this SFAS and does not believe it is applicable at this time.

8
**Platinum Research Organization, Inc.(formerly NorthTech Corporation)(A Development Stage Company)Notes to Financial Statements(Unaudited)**30 September 2006****Start-up expenses

The Company has adopted Statement of Position No. 98-5, "*Reporting the  Costs of Start-up Activities*", which requires that costs associated with  start-up activities be expensed as incurred.  Accordingly, start-up costs  associated with the Company's formation have been included in the Company's  expenses for the period from the date of inception on 13 May 2005 to 30  September 2006.
**Foreign currency translation**
The Company's functional and reporting currency is in U.S. Dollars. The  financial statements of the Company are translated to U.S. dollars in  accordance with SFAS No. 52, "*Foreign Currency Translation*". Monetary  assets and liabilities denominated in foreign currencies are translated using  the exchange rate prevailing at the balance sheet date. Gains and losses  arising on translation or settlement of foreign currency denominated  transactions or balances are included in the determination of income. The  Company has not, to the date of these financial statements, entered into  derivative instruments to offset the impact of foreign currency fluctuations.  
**Use of estimates**
The preparation of financial statements in conformity with accounting  principles generally accepted in the United States of America requires  management to make estimates and assumptions that affect the amounts of assets  and liabilities and disclosures of contingent assets and liabilities at the  date of the financial statements and the reported amounts of revenues and  expenditures during the reporting period. Actual results could differ from  these estimates.
**Recent accounting pronouncements**
In March 2006, the Financial Accounting Standards Board (the "FASB")issued SFAS No. 156, "*Accounting for Servicing of  Financial Assets*", which amends SFAS No. 140, "*Accounting for Transfers  and Servicing of Financial Assets and Extinguishments of Liabilities*".  SFAS No. 156 may be adopted as early as 1 January 2006, for calendar year-end  entities, provided that no interim financial statements have been issued.  Those not choosing to early adopt are required to apply the provisions as of  the beginning of the first fiscal year that begins after 15 September 2006  (e.g., 1 January 2007, for calendar year-end entities).  The intention of  the new statement is to simplify accounting for separately recognized  servicing assets and liabilities, such as those common with mortgage  securitization activities, as well as to simplify efforts to obtain hedge-like  accounting.  Specifically, the FASB said SFAS No. 156 permits a servicer  using derivative financial instruments to report both the derivative financial  instrument and related servicing asset or liability by using a consistent  measurement attribute, or fair value.  The adoption of SFAS No. 156 is  not expected to have a material impact on the Company's financial position,  results of operations or cash flows.
9
**Platinum Research Organization, Inc.(formerly NorthTech Corporation)(A Development Stage Company)Notes to Financial Statements(Unaudited)**30 September 2006******
  In February 2006, the FASB issued SFAS No. 155, "*Accounting for Certain  Hybrid Financial Instruments*", which amends SFAS No. 133, "*Accounting  for Derivative Instruments and Hedging Activities*" and SFAS No. 140. SFAS  No. 155 permits fair value measurement for any hybrid financial instrument  that contains an embedded derivative that otherwise would require bifurcation,  establishes a requirement to evaluate interests in securitized financial  assets to identify interests that are freestanding derivatives or hybrid  financial instruments containing embedded derivatives. The adoption of SFAS No.  155 is not expected to have a material impact on the Company's financial  position, results of operations or cash flows.
**Comparative figures**
Certain comparative figures have been adjusted to conform to the current  period's presentation. 
- Accounts Payable and Accrued Liabilities  Accounts payable and accrued liabilities are non-interest bearing, unsecured and have settlement dates within one year.** **Due to Related Party
As at 30 September 2006, the amount due to a related party consists of $7,200 (31 December 2005 - $5,000) payable to a director and shareholder of the Company. This balance is non-interest bearing, unsecured, and has no fixed terms of repayment. Related Party Transactions 
During the nine month period ended 30 September 2006, an officer, director and shareholder of the Company made contributions to capital for management fees and rent of $15,300 (30 September 2005 - $Nil, cumulative - $15,300) and $2,700 (30 September 2005 - $Nil, cumulative - $2,700) respectively (Note 8). These amounts have been recorded as an increase in expenditures and an increase in additional paid-in capital. Capital Stock 
Authorized

The total authorized capital is 75,000,000 common shares with a par value of $0.001 per common share.

10
**Platinum Research Organization, Inc. (formerly NorthTech Corporation) (A Development Stage Company) Notes to Financial Statements (Unaudited)**30 September 2006********Issued and outstanding

The total issued and outstanding capital stock is 6,500,000 common shares with a par value of $0.001 per share. 

On 25 July 2005, 4,500,000 common shares of the Company were issued for cash proceeds of $9,000.

On 30 March 2006, 2,000,000 Units (the "Units") of the Company were issued for cash proceeds of $100,000. Each Unit consists of one common share of the Company and one share purchase warrant. Each share purchase warrant entitles the holder to purchase an additional common share of the Company at a price of $0.25 per common share expiring 26 January 2009.
**Warrants**
The following share purchase warrants were outstanding at 30 September 2006:
  ** 

Exercise   price **Number   of warrants **Remaining   contractual life    (years)  **$           Warrants 
0.25 
2,000,000 
2.75    ****      
2,000,000      ****  
The following is a summary of warrant activities during the nine month period ended 30 September 2006:
  **Number of   warrants **Weighted average exercise   price    **$     Outstanding and exercisable at 31   December 2005 
- 
-     Granted 
2,000,000 
0.25Exercised 
- 
-Expired 
- 
-  **** ****Outstanding and exercisable at 30   September 2006 
2,000,000 
0.25   Weighted average fair value of   warrants granted during the nine month period ended 30 September 2006   
0.0002    
11
**Platinum Research Organization, Inc. (formerly NorthTech Corporation) (A Development Stage Company) Notes to Financial Statements (Unaudited)**30 September 2006******
The weighted average grant date fair value of warrants issued during the six month period ended 30 September 2006 is $0.0002 per warrant. The fair value of each warrant granted was determined using the Black-Scholes option pricing model and the following weighted average assumptions:
 
      **30   September   2006       Risk free interest rate     
4.83%Expected life     
3 yearsAnnualized volatility     
125%Expected dividends     
0%
 Income Taxes
The Company has losses carried forward for income tax purposes to 30 September 2006. There are no current or deferred tax expenses for the period ended 30 September 2006 due to the Company's loss position. The Company has not reserved for any benefits of these losses. The deferred tax consequences of temporary differences in reporting items for financial statement and income tax purposes are recognized, as appropriate. Realization of the future tax benefits related to the deferred tax assets is dependent on many factors, including the Company's ability to generate taxable income within the net operating loss carry forward period. Management has considered these factors in reaching its conclusion as to the valuation allowance for financial reporting purposes.
The provision for refundable federal income tax consists of the following:
**For the nine   month period   ended 30   September   2006**For the period from the date of   inception on 13   May 2005 to 30 September 2005**$**$Deferred tax asset   attributable to:Current operations
15,949
1,890Contributions to   capital by related party - expenses 
(6,120)
-Less: Change in   valuation allowance
(9,829)
(1,890)********Net refundable amount
-
-
12
**Platinum Research Organization, Inc. (formerly NorthTech Corporation) (A Development Stage Company) Notes to Financial Statements (Unaudited)**30 September 2006******
 The composition of the Company's deferred tax asset as at 30 September 2006 and 31 December 2005 is as follows:
  **As at 30   September   2006 **As at 31   December    2005   (Audited)  **$ **$     Net operating loss carry forward 
48,496 
19,586   Statutory federal income tax rate 
34% 
34%Effective income tax rate 
0% 
0%     Deferred tax asset 
16,489 
6,659Less: Valuation allowance 
(16,489) 
(6,659)  **** ****Net deferred tax asset 
- 
-   
    

The potential income tax benefit of these losses has been offset by a full valuation allowance.

As at 30 September 2006, the Company has an unused net operating loss carry forward balance of approximately $48,496 that is available to offset future taxable income. This unused net operating loss carry forward balance for income tax purposes expires in 2025.
Supplemental Disclosure with Respect to Cash Flows 

 

 **For the period    from the date of   inception on 13   May 2005 to 30   September 2006 **For the   three month   period   ended 30   September   2006 ** 

For the   three   month   period   ended 30   September   2005 ** 

For the nine month   period   ended 30   September   2006 **For the period from   the date of   inception   on 13 May   2005 to 30   September   2005
 **$ **$ **$ **$ **$          Cash paid during the period for   interest
- 
- 
- 
- 
-Cash paid during the period for   income taxes
- 
- 
- 
- 
-
During the nine month period ended 30 September 2006, an officer, director and stockholder of the Company made contributions to capital for management fees and rent of $15,300 (30 September 2005 - $Nil, cumulative - $15,300) and $2,700 (30 September 2005 - $Nil, cumulative - $2,700) respectively (Note 5).

13
**Platinum Research Organization, Inc. (formerly NorthTech Corporation) (A Development Stage Company) Notes to Financial Statements (Unaudited)**30 September 2006******
Subsequent Events

The following events occurred subsequent to 30 September 2006:
- The Company incorporated in the jurisdiction of Nevada a wholly owned  subsidiary, Platinum Research Organization, Inc. ("Platinum").   
- Effective 31 October 2006, the Company merged with its wholly owned  subsidiary Platinum for the purpose of effecting a change of name to "Platinum  Research Organization, Inc." and a recapitalization of the Company's capital  stock. Pursuant to the Agreement and Plan of Merger dated 18 October, 2006  (the "Merger"), each outstanding share of the Company was exchanged for and  become five shares of Platinum common stock on the effective date of the  Merger. Platinum assumed the outstanding warrants of the Company, which will  be exercisable for shares of Platinum common stock. Each such warrant is  exercisable for five shares of Platinum common stock at the same price as one  common share of the Company.    
- On October   26, 2006, the Company entered into a contribution agreement (the   "Contribution Agreement") with Platinum Research Organization L.P.,  a   limited partnership ("Platinum LP"), Lubrication Partners, joint venture ("GP   Transferor") and sole shareholder of Platinum IP Management, Inc., the   general partner of Platinum LP ("PRO GP"), each holding a limited partnership   interest in Platinum LP (each, a "Limited Partner" and collectively, the "PRO   Transferors") and John T. (Cork) Jaeger as the representative of all PRO   Transferors (the "PRO Transferor Representative"), and Steve Drayton as the   representative (the "Investor Representative") of all certain individuals who   are expected to invest in the Registrant (other than the PRO Transferors)   (the "Investors") in a private placement to be completed in conjunction with   the Contribution Agreement.

Under the terms of the Contribution Agreement GP Transferor shall contribute   to the Company all of the capital stock of PRO GP, each Limited Partner shall   contribute to the Company all of the outstanding limited partner partnership   interests of Platinum LP, and the Investors will contribute to the Company an   aggregate minimum cash amount of $4,500,000. 

In consideration the Company has agreed to complete the following:
- The Company will issue to the PRO Transferors 55,000,000 unregistered  shares of common stock of the Company.
- The Company will issue to the Investors 5,000,000 preferred shares (the  "Preferred Shares") and 2,500,000 share purchase warrants (the "Warrants").  The Preferred Shares shall have an annual 10% accrued dividend which will be  reduced to an annual 5% accrued dividend upon the Company entering into a  commercial agreement(s) which will increase the Company's aggregate revenues  to $40 million per annum and to an annual 2% accrued dividend upon the Company  recording net revenues of $1 million per quarter. The Preferred Shares may be  converted into common shares of the Company on a basis of five shares of  common stock for every one Preferred Share at anytime by the holder or by the  Company under certain conditions. The Preferred Shares have a maturity date of  five years from the date of closing. The Warrants will be issued to the  Investors on the closing date. Each Warrant is exercisable for one share of  common stock of the Company at an exercise price of $0.26 per share for a  three year period from date of closing.

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Platinum Research Organization, Inc.(formerly NorthTech Corporation)(A Development Stage Company)Notes to Financial Statements(Unaudited)**30 September 2006******- The Company entered into a bridge loan agreement (the "Loan Agreement")    with Platinum LP, pursuant to which the Company is to loan Platinum LP $    1,000,000 (the "Platinum LP Note"). The Platinum LP Note bears regular    interest at an annual rate of 10% per annum, is due and payable six months    from the date of issuance, and is secured by a second lien on all of the    assets of Platinum LP.

The closing of the Contribution Agreement is subject to shareholder    approval and other terms and conditions. There can be no assurance that the    transactions contemplated by the Contribution Agreement will be    consummated. 
The Company entered into two Convertible Promissory Note Purchase  Agreements whereby the Company has agreed to issue two promissory notes in the  amount of $500,000 each (the "Convertible Promissory Notes") each bearing  regular interest at 10% per annum, being unsecured, and being repayable in  full one year from the date of issue.

The outstanding principle portion of the Convertible Promissory Notes   shall be convertible into preferred shares of the Company on the basis of   $0.90 per preferred share. Interest accrued on the Convertible Promissory   Notes will be forgiven upon conversion of the Convertible Promissory Notes.

The proceeds of the Convertible Promissory Notes are to be used to advance   a bridge loan to Platinum LP as is required under the Contribution Agreement   (Note 9iii(c)).

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**ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.
*General***
We were formed in the State of Nevada on May 13, 2005 under the name "NorthTechCorporation." On October 31, 2006 we merged with our wholly owned subsidiaryPlatinum Research Organization, Inc. ("**Sub**" and on the parent companymerging into Sub the "**Survivor**" or the "**Company**") for the purposeof effecting a change of our name to "Platinum Research Organization, Inc." anda recapitalization of our capital stock. Pursuant to the Agreement and Plan ofMerger dated October 18, 2006 (the "**Merger**"), each outstanding share ofthe parent company was exchanged for and became five shares of Survivor's commonstock on the effective date of the Merger. Survivor assumed the outstandingwarrants of the parent company, which are now exercisable for shares ofSurvivor's common stock. Each such warrant is now exercisable for five shares ofSurvivor's common stock at the same price as one common share of the formerparent company. The Articles of Incorporation and Bylaws of the Sub became theArticles of Incorporation and Bylaws of the Survivor. As a result the Merger theauthorized share capital of the Company is now to 500,000,000 shares with a parvalue of $0.001 per share divided into 400,000,000 shares of common stock with apar value of $0.001 per share and 100,000,000 shares of preferred stock with apar value of $0.001 per share.

On March 30, 2006, we completed an initial offering of our securities, asregistered with the U.S. Securities and Exchange Commission on a Form SB-2. Acomplete description of the offering terms can be found in the finalregistration statement Form SB-2/A, filed on January 18, 2006, on the SECwebsite at www.sec.gov, under our SEC File Number 333-128822. The offering wassold out and we raised the total of $100,000, less offering expenses of $10,000.We have deposited the funds into our operating account and are currentlyproceeding with our business plans, as outlined in our Form SB-2 registrationstatement, which can be found in its entirety on the SEC website at www.sec.gov,under our CIK Number 0001330340. 
***Current Business Plan of Operation/Milestones***
We were formed to develop, expand and market two web-based database programs- one for small business and the second for community sports teams or groups. Wecurrently have no patents on our programs and no patents pending. Our only assetas of the date of the filing of this report is our cash in the bank of$69,680.75. At September 30, 2006, we had an accumulated deficit of $66,495. Weare in the development stage and have not yet generated any revenues.

Since completing our initial offering in March of this year we have beeninvolved with developing our two database programs: one for small business,designed to help them develop, maintain and keep control of their customer baseand information, and one for community groups or sports teams, designed toorganize the registration process for enrollees. If we continue on this path andare successful in marketing these two programs when completed, we will expandour offerings to develop other database programs.

In general, the Company plan to date has been to focus on the development,refinement and expansion of a functional proprietary code for a web-baseddatabase program that is intended to be individual and customizable for aninfinite number of customers. We expected the developmental period to take up tosix months and the testing period to take up to another 3 months, after which webelieved we would be ready to market our products, generate revenues andgradually expand our business. We have progressed very well on these goals andhave our programs ready for testing and release. In working closely with threediverse focus groups we have received considerable helpful feedback who have allsaid that the program is very functional and will allow us to offer the programsto the public as planned. 

Although we have been and are continuing with our original plan of operationsas set out in our final registration statement on Form SB-2/A, filed on January18, 2006, we seriously began considering a change in our business directionduring this last quarter and reviewed a number of business opportunities thatwere presented to us. We began pursuing one of these opportunities in particularwhich we believe our shareholders would find attractive. Subsequent to thequarter ended September 30, 2006, we entered into an agreement which ifconsummated will change our business direction significantly. If ourshareholders do not approve of this agreement and resulting change of businessdirection we will continue with our original business plan. Further detailsabout this agreement is provided below under Recent Developments.

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***Recent Developments - Contribution Agreement Signed***
On October 26, 2006, we entered into a contribution agreement (the "**ContributionAgreement**") with Platinum Research Organization L.P.,  a limited partnership("**Platinum LP**"), Lubrication Partners, joint venture ("**GP Transferor**")and sole shareholder of Platinum IP Management, Inc., the general partner ofPlatinum LP ("**PRO GP**"), each holding a limited partnership interest inPlatinum LP (each, a "**Limited Partner**" and collectively, the "**PROTransferors**") and John T. (Cork) Jaeger as the representative of all PROTransferors (the "**PRO Transferor Representative**"), and Steve Drayton asthe representative (the "**Investor Representative**") of all certainindividuals who are expected to invest in the Company (other than the PROTransferors) (the "**Investors**") in a private placement to be completed inconjunction with the Contribution Agreement. Given that our business directionwould change significantly on close of the Contribution Agreement we have madeit a requirement of the Contribution Agreement we obtain approval from outstockholders to proceed with closing the Contribution Agreement. We expect tofile with the Securities and Exchange Commission a preliminary proxy statementon Schedule 14A with the respect to the transaction as soon as practicable uponcompletion of the audit of Platinum LP's 2005 financial statements and its unaudited quarterly financial statements. Currently, the parties are completingtheir due diligence of one another and are negotiating the final form of allancillary agreements and documents related to the proposed transactions.

On closing of the Contribution Agreement, we have agreed to issue 55,000,000restricted shares of our common stock to Pro Transferors as full considerationfor all of the capital stock of Platinum held by PRO GP and all the outstandinglimited partner partnership interests of Platinum LP held by each LimitedPartner. We will also issue 5,000,000 shares of Preferred Stock to the Investorswho will contribute to the Company an aggregate minimum cash amount of$4,500,000 and 2,500,000 warrants with an exercise price of $0.26 per share fora three year period from date of closing. On closing of the ContributionAgreement, the Pro Transferors and the Investors will control approximately 80%of the outstanding common stock of the Company on a fully diluted basis aftergiving effect to a proposed a proposed cancellation of 22,500,000 shares ofcommon stock held by one of our current stockholders.

The Preferred Shares to be issued to the Investors shall have an annual 10%accrued dividend which will be reduced to an annual 5% accrued dividend upon theCompany entering into a commercial agreement(s) which will increase theCompany's aggregate revenues to $40 million per annum and to an annual 2%accrued dividend upon the Company recording net revenues of $1 million perquarter. The Preferred Shares may be converted into common shares of the Companyon a basis of five shares of common stock for every one Preferred Share atanytime by the holder or by the Company under certain conditions. The PreferredShares will have a maturity date of five years from the date of closing. TheWarrants will be issued to the Investors on the closing date. Each Warrant isexercisable for one share of common stock of the Company at an exercise price of$0.26 per share for a three year period from date of closing.

The following transactions will also be undertaken inconnection with the foregoing:
- a $1,000,000 bridge loan being provided by us to Platinum LP; 
- the sale and issuance of two convertible promissory notes for an aggregate total of $1,000,000 to fund the bridge loan;
- the entering into a registration rights agreement;
- the entering into a voting agreement and lock-up agreement with the Pro Transferors; and
- the entering into an employment agreement with the president of Platinum LP.

The closing of the Contribution Agreement and related transactions aresubject to various conditions to closing, including:
- our obtaining stockholder approval to:    - complete the Contribution Agreement;
  - redomesticate the Registrant from Nevada to Delaware; and
  - appoint a new slate of directors; 

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- our having not  less than $5,000,000 in cash minus any funds advanced as a bridge loan under the Contribution Agreement;an employment agreement being entered into by the president of Platinum LP;
Platinum LP not incurring any additional indebtedness without our consent;
Platinum LP restructuring its existing debt with its senior lender;
Platinum LP having cancelled all related party debt;
Platinum LP
having renegotiated or terminated its existing contracts with two parties;a registration rights agreement having been entered into by us with the Investors and warrant holder; and
Lubrication Partners, L.P. and GP Transferor will enter into a voting agreement and lock-up agreement.

The Contribution Agreement is also subject to other customary terms andconditions, including regulatory and third party approvals.

Platinum Research Organization L.P. is the developer and owner of severalpatented processes and technologies relating to a fluorinated thiophosphate anda new technique to react zinc dialkyl dithiophosphate and poly tetrafluroethylene to yield new proprietary compounds which enhances the anti-wearand anti-corrosion capabilities of lubricants and coatings. 

The business of Platinum Research Organization L.P. will become the businessof the Company on closing the Contribution Agreement and we will sell or abandonour previous business activities. There can be no assurance that thetransactions contemplated by the Contribution Agreement and related agreementswill be consummated.
***Critical Accounting Policies and Significant Judgments and Estimates***
There have been no material changes in our critical accounting policies orcritical accounting estimates since the filing of our initial registrationstatement on Form SB-2 in January 2006, nor have we adopted any accountingpolicy that has or will have a material impact on our consolidated financialstatements. For further discussion of our accounting policies see Note 1,"Summary of Significant Accounting Policies and Significant Judgments andEstimates" in the Notes to Consolidated Financial Statements in this QuarterlyReport on Form 10-QSB and the Notes to Consolidated Financial Statements in ourAnnual Report on Form 10-KSB for the fiscal year ended December 31, 2005.
***Off-Balance Sheet Arrangements***
We do not have any off-balance sheet arrangements with any party.
**ITEM 3. CONTROLS AND PROCEDURES
*Evaluation of Disclosure Controls and Procedures***
The financial statements included herein have been prepared pursuant to therules and regulations of the Securities and Exchange Commission. Managementbelieves the disclosures made are adequate to make the information notmisleading. The financial statements and accompanying notes are prepared inaccordance with generally accepted accounting principles. Preparing financialstatements requires Management to make estimates and assumptions that affect thereported amounts of assets and liabilities and disclosure of contingent assetsand liabilities at the date of the financial statements and the reported amountsof revenues and expenses during the reporting period. These estimates andassumptions are affected by Management's application of accounting policies.These important accounting policies include the successful efforts method ofaccounting for property and equipment, revenue recognition, accounting forincome taxes and foreign currency translation.

Management maintains disclosure controls and procedures designed to ensurethat we are able to timely collect the information we are required to disclosein our reports filed with the U.S. Securities and Exchange Commission. Withinthe 90 days prior to the date of this report, we performed an evaluation, underthe supervision and with the participation of our Management, of theeffectiveness of the design and operation of our disclosure controls andprocedures

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 pursuant to Exchange Act Rule 13a-14. Based upon the evaluation, our Principal Executive Officer and Principal Financial Officer concludedthat the current disclosure controls are effective in timely alerting us to anymaterial information required to be included in our periodic SEC filings.

We also maintain a system of internal controls designed to provide reasonableassurance that (i) transactions are executed in accordance with Management'sgeneral and specific authorization; (ii) transactions are recorded as necessaryto permit preparation of financial statements in conformity with generallyaccepted accounting principles and to maintain accountability for assets; (ii)access to assets is permitted only in accordance with Management's general orspecific authorization; and (iv) the recorded accountability for assets iscompared with the existing assets at reasonable intervals and appropriate actionis taken with respect to any differences. We believe that our internal controlsare effective to provide reasonable assurance that our financial statements arefairly presented in conformity with generally accepted accounting principals.Since our most recent evaluation, there have been no changes in our internalcontrols or in other factors that could significantly affect our internalcontrols, nor were any corrective actions required with regard to significantdeficiencies and material weaknesses.

**PART II - OTHER INFORMATION****ITEM 1A. RISK FACTORS**
In addition to the other information set forth in this report, you shouldcarefully consider the factors discussed in "Part I-Item 1A-Risk Factors" in ourAnnual Report on Form 10-KSB for the year ended December 31, 2005, which couldmaterially affect our business, financial condition or future results. Since weare still in the development stage, our projected risks, as outlined in ouroriginal registration statement on Form SB-2 and in our Annual Report have notchanged. The risks described in both are not the only risks facing our Company.Additional risks and uncertainties not currently known to us or that wecurrently deem to be immaterial also may materially adversely affect ourbusiness, financial condition and/or operating results.
**ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
*A) Exhibits***
The following exhibits are included herein, except for the exhibits markedwith an asterisk, which are incorporated herein by reference and can be found inour original Form SB-2 Registration Statement, filed on October 5, 2005, underour CIK Number 0001330340 at the U.S. Securities and Exchange Commission'swebsite (www.sec.gov).

 
**Exhibit No.****Exhibit Title***3(i)Articles of Incorporation *3.2Bylaws31.1Certificate of CEO as Required by  Rule 13a-14(a)/15d-1431.2Certificate of CFO as Required by  Rule 13a-14(a)/15d-1432Certificate of CEO and CFO as  Required by Rule Rule 13a-14(b) and Rule 15d-14(b) (17 CFR 240.15d-14(b)) and  Section 1350 of Chapter 63 of Title 18 of the United States Code
 
***B) Reports on Form 8-K***
There were no reports on Form 8-K filed during the three month period endedSeptember 30, 2006.

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**SIGNATURES**
Pursuant to the requirements of the Securities Exchange Act of 1934, theregistrant has duly caused this report to be signed on its behalf by theundersigned thereunto duly authorized.

 
November 8, 2006 **PLATINUM  RESEARCH ORGANIZATION INC.** BY:  
/s/ Cecelia Pineda  ___________________________________________________________   Cecelia Pineda, President, CEO,  CFO, Principal Accounting Officer and Director
 

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