**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

| x | **QUARTERLY                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934** |
|---|---------------------------------------------------------------------------------------------------------------------|

| For                the                quarterly period ended | March                31, 2006 |
|--------------------------------------------------------------|-------------------------------|

**OR**

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

| ENERGENX,                  INC.                                                                                      |
|----------------------------------------------------------------------------------------------------------------------|
| (Exact                  name of small business issuer as specified in its                  charter)                  |
|                                                                                                                 |   |   |
| NEVADA                                                                                                               |   |  20-1044677 |
| (State                  or other jurisdiction of incorporation                                                       |   |   (I.R.S.                  Employer |
| or                  organization)                                                                               |   |  Identification                  No.) |
|                                                                                                                 |
| 6200                  E. Commerce Loop, Post Falls, Idaho 83854                                                      |
| (Address                  of principal executive offices)                                                            |
|                                                                                                                 |
| (208)                  665-5553                                                                                      |
| (Issuer’s                  telephone number)                                                                   |
|                                                                                                                 |
| (Former                  name, former address and former fiscal year, if changed since last                  report) |

----

----

**ENERGENX,      INC.**

**INDEX**

| PART                  I.  | FINANCIAL                  INFORMATION                                                                                    |    |
|---------------------------|---------------------------------------------------------------------------------------------------------------------------|---------|
| Item                  1.  | Financial                  Statements                                                                                     |    |
|                      |                                                                                                                      |    |
|                      | Balance                  Sheets as of March 31, 2006 (unaudited) and                  December 31, 2005 (audited)         |  1 |
|                      |                                                                                                                      |    |
|                      | Statements                  of Operations (unaudited) for the three months ended                  March 31, 2006 and 2005 |  2 |
|                      |                                                                                                                      |    |
|                      | Statements                  of Cash Flows (unaudited) for the three months                  ended March 31, 2006 and 2005 |  3 |
|                      |                                                                                                                      |    |
|                      | Condensed                  Notes to Financial Statements                                                                  | 4       |
|                      |                                                                                                                      |    |
| Item                  2.  | Management’s                  Discussion and Analysis or Plan of Operations                                         | 9       |
|                      |                                                                                                                      |    |
| Item                  3.  | Controls                  and Procedures                                                                                  | 12      |
|                      |                                                                                                                      |    |
| PART                  II. | OTHER                  INFORMATION                                                                                        |    |
|                      |                                                                                                                      |    |
| Item                  6.  | Exhibits                                                                                                                  | 13      |

----

| **ENERGENX,                  INC.****(A                  Development Stage Company)****BALANCE                  SHEETS** |
|--------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                     |
|                                                                                                                     |

|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    | March                  31, |    |                          |
|-----------------------------------------------------------|---------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|--------------------------------------------|---------|----------------------------|---------|-------------------------------|
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    | 2006                       |    | December                  31, |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    | (unaudited)                |    | 2005                          |
| **ASSETS**                                                |                                                                      |                                                                                                                                              |                                                                                   |                                       |    |                       |    |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    |                       |    |                          |
|                                                      | **CURRENT                  ASSETS**                                       |                                                                                                                                              |                                                                                   |                                       |    |
|                                                      |                                                                      | Cash                                                                                                                                              |                                                                                   | $                                          | 167,012 | $                          | 169,451 |
|                                                      |                                                                      | Inventory                                                                                                                                         |                                                                                   |                                       | 10,878  |                       | 3,595   |
|                                                      |                                                                      | Notes                  receivable                                                                                                                 |                                                                                   | 11,664                                     |    | 12,203                     |
|                                                      |                                                                      | Prepaid                  expense                                                                                                                  |                                                                                   | 57,845                                     |    | 6,924                      |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   | Total                  Current Assets      |    | 247,399                    |    | 192,173                       |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    |                       |    |                          |
|                                                      | **PROPERTY                  AND EQUIPMENT, NET**                          |                                                                                                                                              | 22,863                                                                                 |                                       | 19,673  |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    |                       |    |                          |
|                                                      | **OTHER                  ASSETS**                                         |                                                                                                                                              |                                                                                   |                                       |    |
|                                                      |                                                                      | License,                  net of accumulated amortization                                                                                         |                                                                                   | 67,000                                     |    | 68,800                     |
|                                                      |                                                                      | Patents,                  net of accumulated amortization                                                                                         |                                                                                   | 40,862                                     |    | 42,574                     |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   | Total                  Other Assets        |    | 107,862                    |    | 111,374                       |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    |                       |    |                          |
|                                                      | **TOTAL                  ASSETS**                                         | $                                                                                                                                                 | 378,124                                                                                | $                                          | 323,220 |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    |                       |    |                          |
| **LIABILITIES                  AND STOCKHOLDERS' EQUITY** |                                                                      |                                                                                                                                              |                                                                                   |                                       |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    |                       |    |                          |
|                                                      | **CURRENT                  LIABILITIES**                                  |                                                                                                                                              |                                                                                   |                                       |    |
|                                                      |                                                                      | Accounts                  payable                                                                                                                 | $                                                                                      | 10,572                                     | $       | 4,124                 |
|                                                      |                                                                      | Interest                  payable                                                                                                                 |                                                                                   | 2,674                                      |    | 2,674                      |
|                                                      |                                                                      | Interest                  payable - related parties                                                                                               |                                                                                   | 2,607                                      |    | 2,607                      |
|                                                      |                                                                      | Payroll                  taxes payable                                                                                                            |                                                                                   | 2,119                                      |    | 9,445                      |
|                                                      |                                                                      | Notes                  payable                                                                                                                    |                                                                                   | 1,660                                      |    | 1,660                      |
|                                                      |                                                                      | Accrued                  payroll                                                                                                                  |                                                                                   | 700                                        |    | 36,350                     |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   | Total                  Current Liabilities |    | 20,332                     |    | 56,860                        |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    |                       |    |                          |
|                                                      | **COMMITMENTS                  AND CONTINGENCIES**                        |                                                                                                                                              | -                                                                                      |                                       | -       |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    |                       |    |                          |
|                                                      | **STOCKHOLDERS'                  EQUITY**                                 |                                                                                                                                              |                                                                                   |                                       |    |
|                                                      |                                                                      | Preferred                  stock, $.001 par value; 5,000,000 shares authorized, no shares                  issued or                  outstanding |                                                                                   | -                                          |    | -                          |
|                                                      |                                                                      | Common                  stock, $.001 par value; 55,000,000 shares authorized,                                                                     |                                                                                   |                                       |    |                       |
|                                                      |                                                                      |                                                                                                                                              | 27,497,276                  and 27,097,276 shares issued and outstanding, respectively |                                       | 27,497  |                       | 27,097  |
|                                                      |                                                                      | Additional                  paid-in capital                                                                                                       |                                                                                   | 2,175,717                                  |    | 1,976,117                  |
|                                                      |                                                                      | Deficit                  accumulated during development stage                                                                                     |                                                                                   | (1,846,072)                                |    | (1,736,854)                |
|                                                      |                                                                      |                                                                                                                                              | Total                  Stockholders' Equity                                            |                                       | 357,142 |                       | 266,360 |
|                                                      |                                                                      |                                                                                                                                              |                                                                                   |                                       |    |                       |    |                          |
|                                                      | **TOTAL                  LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)** | $                                                                                                                                                 | 378,124                                                                                | $                                          | 323,220 |

----

| **ENERGENX,                INC.**                |   |                               |       |                           |   |                          |   |
|--------------------------------------------------|--------|-----------------------------------------|------------|-------------------------------------|--------|------------------------------------|--------|
| **(A                Development Stage Company)** |   |                               |       |                           |   |                          |   |
| **STATEMENTS                OF OPERATIONS**      |   |                                    |       |
|                                             |   |                               |       |                           |   |                          |   |
|                                             |   |                               |       |                           |   |                          |   |
|                                             |   |                               |       |                           |   |  From                         |   |
|                                             |   |                               |       |                           |   |  September                29, |   |
|                                             |   |                               |       |                           |   |  1999                         |   |
|                                             |   |  Three                Months Ended |       |  (Inception)                to |   |
|                                             |   |  March                31,          |       |  March                31,      |   |
|                                             |   |  2006                              |       |  2005                          |   |  2006                         |   |
|                                             |   |  (unaudited)                       |       |  (unaudited)                   |   |  (unaudited)                  |   |
|                                             |   |                               |       |                           |   |                          |   |
| **REVENUES**                                     |   | $                                       | -          |                                | $      | -                                  |   | $ | - |   |
|                                             |   |                                    |       |                                |   |                               |   |   |   |   |
| **OPERATING                EXPENSES**            |   |                                    |       |                                |   |                               |   |   |   |   |
| Amortization                and depreciation     |   |                                    | 5,327      |                                |   | 4,869                              |   |   | 96,530 |   |
| Board                of directors fees           |   |                                    | -          |                                |   |                               |   |   | 60,000 |   |
| Consulting                                       |   |                                    | -          |                                |   | 27,500                             |   |   | 311,529 |   |
| General                and administrative        |   |                                    | 20,350     |                                |   | 13,885                             |   |   | 159,489 |   |
| Legal                and accounting              |   |                                    | 11,169     |                                |   | 24,282                             |   |   | 117,789 |   |
| License                and fees                  |   |                                    | -          |                                |   |                               |   |   | 107,524 |   |
| Marketing                                        |   |                                    | -          |                                |   |                               |   |   | 19,464 |   |
| Rent                                             |   |                                    | 6,600      |                                |   | 6,600                              |   |   | 166,468 |   |
| Research                and development          |   |                                    | 38,088     |                                |   | 2,241                              |   |   | 256,421 |   |
| Salaries                and benefits             |   |                                    | 27,714     |                                |   | 61,792                             |   |   | 517,202 |   |
| Travel                                           |   |                                    | -          |                                |   |                               |   |   | 1,580 |   |
| **TOTAL                OPERATING EXPENSES**      |   |                                    | 109,248    |                                |   | 141,169                            |   |   | 1,813,996 |   |
|                                             |   |                                    |       |                                |   |                               |   |   |   |   |
| **LOSS                FROM OPERATIONS**          |   |                                    | (109,248   | )                                   |   | (141,169                           | )      |   | (1,813,996 | ) |
|                                             |   |                                    |       |                                |   |                               |   |   |   |   |
| **OTHER                INCOME (EXPENSES)**       |   |                                    |       |                                |   |                               |   |   |   |   |
| Interest                income                   |   |                                    | 30         |                                |   | -                                  |   |   | 191 |   |
| Interest                expense                  |   |                                    | -          |                                |   | -                                  |   |   | (34,877 | ) |
| Loss                on disposal of asset         |   |                                    | -          |                                |   | -                                  |   |   | (1,709 | ) |
| Gain                on forgiveness of debt       |   |                                    | -          |                                |   | -                                  |   |   | 4,319 |   |
| **TOTAL                OTHER INCOME (EXPENSES)** |   |                                    |  30   |                                |   |  -                            |   |   | (32,076 | ) |
|                                             |   |                                    |       |                                |   |                               |   |   |   |   |
| **LOSS                BEFORE TAXES**             |   |                                    | (109,218   | )                                   |   | (141,169                           | )      |   | (1,846,072 | ) |
|                                             |   |                                    |       |                                |   |                               |   |   |   |   |
| **INCOME                TAXES**                  |   |                                    | -          |                                |   | -                                  |   |   | - |   |
|                                             |   |                                    |       |                                |   |                               |   |   |   |   |
| **NET                LOSS**                      |   | $                                       | (109,218   | )                                   | $      | (141,169                           | )      | $ | (1,846,072 | ) |
|                                             |   |                                    |       |                                |   |                               |   |   |   |   |
| NET                LOSS PER COMMON SHARE,        |   |                                    |       |                                |   |                               |   |   |   |   |
| BASIC                AND DILUTED                 |   | $                                       | nil        |                                | $      | (0.01)                        |   |   |   |   |
|                                             |   |                                    |       |                                |   |                               |   |   |   |   |
| WEIGHTED                AVERAGE NUMBER OF        |   |                                    |       |                                |   |                               |   |   |   |   |
| COMMON                STOCK SHARES               |   |                                    |       |                                |   |                               |   |   |   |   |
| OUTSTANDING,                BASIC AND DILUTED    |   |                                    | 27,497,276 |                                |   | 26,697,276                         |   |   |   |   |

----

| **ENERGENX,                INC.****(A                Development Stage Company)****STATEMENTS                OF CASH FLOWS** |   |
|------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                         |   | Three                Months Ended |   |  From                September 29,1999 (Inception) to March 31, 2006(unaudited) |   |
|                                                                                                                         |   | March                31, |   |   |   |
|                                                                                                                         |   | 2006 |   |  2005 |   |   |   |
|                                                                                                                         |   | (unaudited) |   |  (unaudited) |   |   |   |
| **CASH                FLOWS FROM OPERATING ACTIVITIES:**                                                                     |   |   |   |    |   |    |   |
| Net                loss                                                                                                      |   | $ | (109,218 | ) | $ | (141,169 | ) | $ | (1,846,072 | ) |
| Stock                issued for directors fees                                                                               |   |   | - |   |   | - |   |   | 50,000 |   |
| Stock                issued for consulting fees                                                                              |   |   | - |   |   | - |   |   | 110,000 |   |
| Stock                issued for services                                                                                     |   |   | - |   |   | - |   |   | 55,366 |   |
| Stock                issued for licensing fees                                                                               |   |   | - |   |   | - |   |   | 100,000 |   |
| Stock                issued for payment of interest                                                                          |   |   | - |   |   |   |   |   | 8,300 |   |
| Gain                on debt forgiveness                                                                                      |   |   | - |   |   | - |   |   | (4,319 | ) |
| Loss                on disposal of asset                                                                                     |   |   | - |   |   | - |   |   | 1,806 |   |
| Amortization                and depreciation                                                                                 |   |   | 5,327 |   |   | 4,869 |   |   | 96,530 |   |
| Adjustments                to reconcile net (loss) to net cash                                                               |   |   |   |   |   |   |   |   |   |   |
| provided                (used) by operating activities:                                                                      |   |   |   |   |   |   |   |   |   |   |
| Decrease                (increase) in note receivable                                                                        |   |   | 538 |   |   | - |   |   | (11,664 | ) |
| Decrease                (increase) in accounts receivable                                                                    |   |   |   |   |   | (3,513 | ) |   | - |   |
| Decrease                (increase) in prepaids                                                                               |   |   | (50,921 | ) |   | 6,678 |   |   | (57,845 | ) |
| Decrease                in deposits                                                                                          |   |   |   |   |   |   |   |   | - |   |
| Increase                (decrease) in interest payable                                                                       |   |   | - |   |   |   |   |   | 5,281 |   |
| Increase                (decrease) in accounts payable                                                                       |   |   | 7,098 |   |   | 4,259 |   |   | 15,540 |   |
| Increase                (decrease) in accrued payroll                                                                        |   |   | (35,650 | ) |   | - |   |   | 700 |   |
| Increase                (decrease) in payroll taxes payable                                                                  |   |   | (7,326 | ) |   | (2,929 | ) |   | 2,119 |   |
| Increase                (decrease) in inventory                                                                              |   |   | (7,283 | ) |   | (1,763 | ) |   | (10,878 | ) |
| Net                cash used by operating activities                                                                         |   |   | (197,435 | ) |   | (133,568 | ) |   | (1,485,136 | ) |
|                                                                                                                         |   |   |   |   |   |   |   |   |   |   |
| **CASH                FLOWS FROM INVESTING ACTIVITIES:**                                                                     |   |   |   |   |   |   |   |   |   |   |
| Cash                paid for patent                                                                                          |   |   |   |   |   |   |   |   | (68,501 | ) |
| Cash                paid for equipment purchased                                                                             |   |   | (5,004 | ) |   | - |   |   | (44,366 | ) |
| Cash                paid for leasehold improvements                                                                          |   |   | - |   |   | - |   |   | (4,599 | ) |
| Net                cash used by investing activities                                                                         |   |   | (5,004 | ) |   | - |   |   | (117,466 | ) |
|                                                                                                                         |   |   |   |   |   |   |   |   |   |   |
| **CASH                FLOWS FROM FINANCING ACTIVITIES:**                                                                     |   |   |   |   |   |   |   |   |   |   |
| Cash                paid for stock offering costs                                                                            |   |   | - |   |   | - |   |   | (62,130 | ) |
| Merger                and recapitalization costs                                                                             |   |   | - |   |   | - |   |   | (4,300 | ) |
| Proceeds                from issuance of convertible debt                                                                    |   |   | - |   |   | - |   |   | 60,010 |   |
| Proceeds                from notes payable                                                                                   |   |   | - |   |   | - |   |   | 199,610 |   |
| Payment                of notes payable                                                                                      |   |   | - |   |   | - |   |   | (109,882 | ) |
| Proceeds                from sale of common stock                                                                            |   |   | 200,000 |   |   | - |   |   | 1,686,306 |   |
| Net                cash provided by financing activities                                                                     |   |   | 200,000 |   |   | - |   |   | 1,769,614 |   |
|                                                                                                                         |   |   |   |   |   |   |   |   |   |   |
| Change                in cash                                                                                                |   |   | (2,439 | ) |   | (133,568 | ) |   | 167,012 |   |
| **Cash,                beginning of period**                                                                                 |   |   | 169,451 |   |   | 413,015 |   |   | - |   |
| **Cash,                end of period**                                                                                       |   | $ | 167,012 |   | $ | 279,447 |   | $ | 167,012 |   |
|                                                                                                                         |   |   |   |   |   |   |   |   |   |   |
| **SUPPLEMENTAL                CASH FLOW INFORMATION:**                                                                       |   |   |   |   |   |   |   |   |   |   |
| Interest                paid                                                                                                 |   | $ | - |   | $ | - |   | $ | 15,255 |   |
| Income                taxes paid                                                                                             |   | $ | - |   | $ | - |   | $ | - |   |
| **NON-CASH                INVESTING AND FINANCING ACTIVITIES:**                                                              |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for equipment                                                                             |   | $ | - |   | $ | - |   | $ | 3,612 |   |
| Common                stock issued for debt                                                                                  |   | $ | - |   | $ | - |   | $ | 198,060 |   |
| Common                stock issued for technology license                                                                    |   | $ | - |   | $ | - |   | $ | 58,000 |   |

| See                accompanying condensed notes to interim financial                statements. |
|-------------------------------------------------------------------------------------------------|

----

**ENERGENX,      INC.**

**(A      Development Stage Company)**

**CONDENSED      NOTES TO FINANCIAL STATEMENTS**

**March      31, 2006**

**NOTE      1 –      BASIS OF PRESENTATION**

**NOTE      2 – SIGNIFICANT ACCOUNTING POLICIES**

----

----

**NOTE      3 – PREPAID EXPENSES**

**NOTE      4 – PROPERTY AND EQUIPMENT**

----

|                                                        |   | March                31, |                                                         | December                31, |
|-------------------------------------------------------------|--------|--------------------------|--------------------------------------------------------------|-----------------------------|
|                                                        |   | 2006                     |                                                         | 2005                        |
|                                                        |   |                     |                                                         |                        |
| Machinery                                                   |   | $                        | 33,718                                                       |                        | $ |             29,019 |
| Office                Furniture and Equipment               |   |                     |       13,896                   |                        |   |             13,591 |
| Leasehold                Improvements                       |   |                     |         3,158        |                        |   |               3,158 |
|                                                        |   |                     |          50,773 |                        |   |                           45,768 |
| Less                Accumulated Depreciation                |   |                     |      (27,910)                       |                        |   |          (26,095) |
|    Net                Property and Equipment |   | $                        |        22,863             |                        | $ |           19,673 |

**NOTE      5 – PATENTS**

|                                      |   | Cost   |         | Accumulated                Amortization |   | Net                Amount |   |
|-------------------------------------------|--------|--------|--------------|-----------------------------------------|--------|---------------------------|--------|
| Balance,                December 31, 2004 |   | $      | 68,500       |                                    | $      | 19,076                    |   | $ | 49,424 |   |
| 2005                Activity              |   |   |    |                                    |   | 6,850                     |   |   | - |   |
| Balance,                December 31, 2005 |   |   | 68,500       |                                    |   | 25,926                    |   |   | 42,574 |   |
| 2006                Activity              |   |   |    |                                    |   | 1,713                     |   |   |    |   |
| Balance                March 31, 2006     |   | $      | 68,500       |                                    | $      | 27,638                    |   | $ | 40,862 |   |

**NOTE      6 – RELATED PARTY TRANSACTIONS**

----

**–**

**NOTE      7 – COMMITMENTS AND CONTINGENCIES**

**NOTE 8        – COMMON STOCK**

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

**A.**
**General.**

----

**B.**
**Product      Research and Development Plans**

**.      **

** **

----

**C.****Liquidity      and Capital Resources.**

** **
** **

| · | our                existing capital resources and interest earned on that                capital; |
|--------|---------------------------------------------------------------------------------------------------|

| · | revenues                from purchase of Potential modules by GTG Corp., if                any; |
|--------|-------------------------------------------------------------------------------------------------|

| · | royalty                income, if any, from product sales by GTG                Corp.; |
|--------|----------------------------------------------------------------------------------------|

| · | from                collection of our outstanding subscription receivable;                and |
|--------|-----------------------------------------------------------------------------------------------|

| · | through                future private placement financing. |
|--------|------------------------------------------------------------|

----

**Critical      Accounting Policies and Estimates.**

**Research      and development costs: **

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

**Evaluation      of disclosure controls and procedures.**

----

**PART        II –        OTHER INFORMATION**

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

|  (a) | Exhibits                                                                                                                                                                                                                               |
|-----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|      |                                                                                                                                                                                                                                   |
| 31.1      | Certification of Principal                Executive Officer pursuant to rule 13a-14(a)/15d-14(a), as adopted                pursuant to Section 302 of the Sarbannes-Oxley Act of 2002.                                                |
|      |                                                                                                                                                                                                                                   |
| 31.2      | Certification of Principal                Financial Officer pursuant to rule 13a-14(a)/15d-14(a), as adopted                pursuant to Section 302 of the Sarbannes-Oxley Act of 2002.                                                |
|      |                                                                                                                                                                                                                                   |
| 32.1      | Certification of the                Principal                Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted                pursuant                to Section 906 of the Sarbannes-Oxley Act of 2002.                |
|      |                                                                                                                                                                                                                                   |
| 32.2      | Certification of the                Principal                Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted                pursuant                to Section 906 of the Sarbannes-Oxley Act of                2002. |

**SIGNATURE**

|                            |                                                                              |                                         |
|---------------------------------|-----------------------------------------------------------------------------------|----------------------------------------------|
|                            | ENERGENX,              INC.                                                       |
|                       |                                                                         |                                    |
| Dated              May 12, 2006 | By:                                                                     | /s/              Gary              A. Bedini |
|                            |                                                                                   |
|                            | Gary                A. BediniPresident                and Chief Executive Officer |

|         |                                                                                                                                                                     |                                         |
|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------|
|         |                                                                                                                                                                     |                                         |
|    |                                                                                                                                                                |                                    |
|         | By:                                                                                                                                                            | /s/              Rick              M. Street |
|         |                                                                                                                                                                          |
|         | Rick                M. StreetChief                Financial Officer, Secretary, and Treasurer (Principal Financial                and                Accounting Officer) |

----