UNITED
      STATES


SECURITIES
      AND EXCHANGE COMMISSION


WASHINGTON,
      D.C. 20549




FORM
      10-QSB




(Mark
      One)




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




For
      the
      quarterly period ended December 31, 2006







o  TRANSITION
      REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT





For
      the
      transition period from ____________ to ____________





Commission
      file number 333-116817




Splinex
      Technology Inc.


(Exact
      name of small business issuer as specified in its charter)


**Delaware**
              **20-0715816**(State
                  or other jurisdiction of incorporation or organization)
              (IRS
                  Employer Identification No.)




500
      W.
      Cypress Creek Road Suite 100


Fort
      Lauderdale, FL 33309


(Address
      of principal executive offices)





(954)
      556-4020


(Issuer’s
      telephone number)






(Former
      name, 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 o




Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange Act.)


Yes
o
      No x




State
      the
      number of shares outstanding of each of the issuer’s classes of common equity,
      as of the latest practicable date: On February 16, 2007, the number of shares
      outstanding of the registrant’s common stock was 100,757,770
      shares.





Transitional
      Small Business Disclosure Format (Check one): Yes o No x










**SPLINEX
      TECHNOLOGY INC.**


**Form
      10-QSB**


**For
      the Quarter Ended December 31, 2006**


**INDEX**





PageNo.PART
                I — FINANCIAL INFORMATIONItem
                1.
            Financial
                StatementsCondensed
                Consolidated Unaudited Balance Sheets - as of December 31, 2006 and
                March
                31, 2006
            
            3Condensed
                Consolidated Unaudited Statements Of Operations - for the Three and
                Nine
                months Ended December 31, 2006 and 2005 and for the Period from Inception
                (October 28, 2003) through December 31, 2006
            
            4Condensed
                Consolidated Unaudited Statements of Cash Flows - for the Three and
                Nine
                months ended December 31, 2006 and 2005 and for the Period from Inception
                (October 28, 2003) through December 31, 2006
            
            5Notes
                to Condensed Consolidated Financial Statements
            
            6Item
                2.
            Management’s
                Discussion and Analysis or Plan of Operation.
            
            11Item
                3.
            Controls
                and Procedures
            
            16PART
                II — OTHER INFORMATIONItem
                1.
            Legal
                Proceedings
            
            16Item
                6.
            Exhibits
            
            17Signatures
            
            18




2


PART
          I —
FINANCIAL INFORMATION
 
 Item
          1.
          Financial Statements.
 
 SPLINEX
          TECHNOLOGY INC.
 (A
          DEVELOPMENT STAGE COMPANY)
 CONDENSED
          CONSOLIDATED UNAUDITED BALANCE SHEETS
 December
                    31, 2006
                
                March
                    31, 2006**ASSETS**Current
                    assetsCash
                
                $
                3,665
                
                $
                9,458Prepaid
                    expenses and other
                
                
                664
                
                
                39,189Total
                    current assets
                
                
                4,329
                
                
                48,647Property
                    and equipment, net
                
                
                1,718
                
                
                7,340Accounting
                    software license
                
                
                -
                
                
                20,192Other
                    assets
                
                
                -
                
                
                9,881Total
                    assets
                
                $
                6,047
                
                $
                86,060**LIABILITIES
                    AND STOCKHOLDERS' DEFICIENCY IN ASSETS**Current
                    liabilitiesDemand
                    note payable and accrued interest due to related party - Ener1
                    Group
                
                
                705,392
                
                
                435,540Note
                    payable and accrued interest due to related party -
                    Bzinfin
                
                
                2,773,332
                
                
                2,677,707Accounts
                    payable
                
                
                679,828
                
                
                563,006Accrued
                    expenses
                
                
                583,899
                
                
                683,093Due
                    to related parties
                
                
                138,262
                
                
                138,262Total
                    current liabilities
                
                
                4,880,713
                
                
                4,497,608**COMMITMENTS
                    AND CONTINGENCIES****STOCKHOLDERS'
                    DEFICIENCY IN ASSETS**Preferred
                    stock ($.001 par value, 150,000,000 shares
                
                
                -
                
                
                -authorized
                    and no shares issued and outstanding)Common
                    stock ($.001 par value, 300,000,000 sharesauthorized
                    and 100,757,770 shares issued and outstanding)
                
                
                100,758
                
                
                100,758Treasury
                    stock, at cost; 250,000 shares
                
                
                (62,500
                )
                
                (62,500
                )Paid
                    in capital
                
                
                1,109,712
                
                
                1,109,712Deficit
                    accumulated during the development stage
                
                
                (6,022,636
                )
                
                (5,559,518
                )Total
                    stockholders' deficiency in assets
                
                
                (4,874,666
                )
                
                (4,411,548
                )Total
                    liabilities and stockholders' deficiency in assets
                
                $
                6,047
                
                $
                86,060
  See
          accompanying notes.
  3
 SPLINEX
          TECHNOLOGY INC.
 (A
          DEVELOPMENT STAGE COMPANY)
 CONDENSED
          CONSOLIDATED UNAUDITED STATEMENTS OF OPERATIONS
 Three
                  Months Ended December 31, 2006
              
              Three
                  Months Ended December 31, 2005
              
              Nine
                  Months Ended December 31, 2006
              
              Nine
                  Months Ended December 31, 2005
              
              Cumulative
                  From Inception (October 28, 2003) Through December 31,
                  2006Net
                  sales
              
              $
              852
              
              $
              907
              
              $
              1,645
              
              $
              1,594
              
              $
              3,665Operating
                  ExpensesSales
                  and marketing
              
              
              -
              
              
              5,448
              
              
              -
              
              
              195,567
              
              
              561,296General
                  and administrative
              
              
              99,652
              
              
              164,092
              
              
              321,746
              
              
              1,122,252
              
              
              3,507,963Research
                  and development
              
              
              -
              
              
              45,350
              
              
              24,996
              
              
              633,553
              
              
              2,009,512Total
                  operating expenses
              
              
              99,652
              
              
              214,890
              
              
              346,742
              
              
              1,951,372
              
              
              6,078,771Costs
                  of merger and registration
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              512,321Total
                  expenses
              
              
              99,652
              
              
              214,890
              
              
              346,742
              
              
              1,951,372
              
              
              6,591,092Loss
                  from operations
              
              
              (98,800
              )
              
              (213,983
              )
              
              (345,097
              )
              
              (1,949,778
              )
              
              (6,587,427
              )Interest
                  expense, net
              
              
              (40,097
              )
              
              (34,130
              )
              
              (118,021
              )
              
              (90,039
              )
              
              (258,056
              )Loss
                  before income taxes
              
              
              (138,897
              )
              
              (248,113
              )
              
              (463,118
              )
              
              (2,039,817
              )
              
              (6,845,483
              )Income
                  taxes
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -Net
                  loss
              
              $
              (138,897
              )
              $
              (248,113
              )
              $
              (463,118
              )
              $
              (2,039,817
              )
              $
              (6,845,483
              )Net
                  loss per basic and fullydiluted
                  share
              
              $
              (0.00
              )
              $
              (0.00
              )
              $
              (0.00
              )
              $
              (0.02
              )Weighted
                  average sharesoutstanding
              
              
              100,757,770
              
              
              100,680,964
              
              
              100,757,770
              
              
              100,673,835
 See
          accompanying notes.
  4
  SPLINEX
          TECHNOLOGY INC.
 (A
          DEVELOPMENT STAGE COMPANY)
 CONDENSED
          CONSOLIDATED UNAUDITED STATEMENTS OF CASH FLOWS
 Nine
                    Months Ended December 31, 2006
                
                Nine
                    Months Ended December 31, 2005
                
                Cumulative
                    From Inception (October 28, 2003) Through September 30,
                    2006Cash
                    flows from operating activities:Net
                    loss
                
                $
                (463,118
                )
                $
                (2,039,817
                )
                $
                (6,845,483
                )Adjustments
                    to reconcile net loss to netcash
                    used in operating activities:Depreciation
                
                
                5,622
                
                
                18,776
                
                
                70,099Executive
                    compensation paid with common stockand
                    other non-cash expenses
                
                
                -
                
                
                7,613
                
                
                32,179Non
                    cash interest expense
                
                
                117,146
                
                
                89,870
                
                
                251,393Changes
                    in operating assets and liabilities:Prepaid
                    expenses and other
                
                
                57,886
                
                
                (2,239
                )
                
                (664
                )Due
                    to related parties
                
                
                -
                
                
                31,503
                
                
                138,262Other
                    assets
                
                
                9,881
                
                
                -
                
                
                -Accounts
                    payable
                
                
                116,822
                
                
                69,829
                
                
                679,828Accrued
                    expenses
                
                
                (99,194
                )
                
                447,294
                
                
                530,149Total
                    adjustments
                
                
                208,163
                
                
                662,646
                
                
                1,701,246Net
                    cash used in operating activities
                
                
                (254,955
                )
                
                (1,377,171
                )
                
                (5,144,237
                )Cash
                    flows from investing activities:Purchase
                    of equipment
                
                
                -
                
                
                -
                
                
                (79,429
                )Employee
                    loans and advances, net
                
                
                831
                
                
                22,346
                
                
                -Net
                    cash used in investing activities
                
                
                831
                
                
                22,346
                
                
                (79,429
                )Cash
                    flows from financing activities:Note
                    payable related parties
                
                
                248,331
                
                
                1,102,000
                
                
                3,227,331Contributed
                    capital from equity investors
                
                
                -
                
                
                -
                
                
                2,000,000Net
                    cash provided by financing activities
                
                
                248,331
                
                
                1,102,000
                
                
                5,227,331Net
                    increase (decrease) in cash
                
                
                (5,793
                )
                
                (252,825
                )
                
                3,665Cash
                    at beginning of period
                
                
                9,458
                
                
                256,347
                
                
                -Cash
                    at end of period
                
                $
                3,665
                
                $
                3,522
                
                $
                3,665
  See
        accompanying notes.
  5


SPLINEX
      TECHNOLOGY INC.


(A
      DEVELOPMENT STAGE COMPANY)


NOTES
      TO
      CONDENSED CONSOLIDATED FINANCIAL STATEMENTS





NOTE
      1.
      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES





Organization
      and Basis of Presentation





Splinex
      Technology Inc. (“Technology”) was organized under the laws of the State of
      Delaware as a wholly owned subsidiary of Splinex, LLC, a Florida limited
      liability company (the “Predecessor”), to conduct the business and operations of
      the Predecessor. Under an agreement effective April 1, 2004 (the
“Contribution Agreement”), the Predecessor contributed substantially all of its
      assets, liabilities and operations to Technology. The financial statements
      include the accounts of Technology and the Predecessor (combined, the
“Company”), and all material intercompany transactions have been eliminated. The
      Company began its development stage activity on October 28, 2003
      (“Inception”).





The
      accompanying unaudited condensed consolidated financial statements have been
      prepared in accordance with generally accepted accounting principles for interim
      financial information and Regulation S-B. Accordingly, they do not include
      all
      of the information and footnotes required for complete financial statements.
      In
      the opinion of management, all adjustments (consisting of normal recurring
      adjustments) considered necessary for a fair presentation of the results for
      the
      interim periods presented have been included. These results have been determined
      on the basis of generally accepted accounting principles and practices applied
      consistently with those used in the preparation of the Company's Annual
      Financial Statements for the year ended March 31, 2006. Operating results for
      the nine months ended December 31, 2006 are not necessarily indicative of the
      results that may be expected for the year ending March 31, 2007. It is
      recommended that the accompanying condensed consolidated financial statements
      be
      read in conjunction with the financial statements and notes for the year ended
      March 31, 2006 included in the
      Company’s Form 10-KSB filed with the Securities and Exchange Commission on July
      14, 2006.





Reclassifications





Certain
      prior period amounts have been reclassified to conform to the current year
      presentation.





Basis
      of
      Consolidation




The
      consolidated interim financial statements include the accounts of Technology
      and
      its wholly owned subsidiary, ANTAO Ltd., a limited liability company formed
      under the laws of Russia (“ANTAO”). All material intercompany accounts and
      transactions have been eliminated in consolidation.





Business
      Activity





The
      Company licenses software which it developed that enables the generation,
      manipulation, viewing and image-based searching of complex, multi-dimensional
      mathematical objects and information. Since Inception, the Company has operated
      in a development phase typical of a software company and has focused on
      developing technologies and products and securing intellectual property rights
      while developing relationships with potential customers. Corporate activities
      to
      date have included raising capital, strategic and business planning, completing
      the registration of the Company’s securities with the U. S. Securities and
      Exchange Commission, and retaining executive management. In September 2005,
      the
      Company substantially reduced its development activity, terminated most of
      its
      personnel, and ceased marketing activities other than maintaining an Internet
      web store. The Company plans to explore business development opportunities
      including possibly merging with another company. The Company has minimal sales
      and no sales contracts and is considered to be in the development stage as
      of
      December 31, 2006.





The
      Company has no significant revenues to date. Since its Inception, the Company
      has been dependent upon the receipt of capital investment or other financing
      to
      fund its continuing activities. In addition to the normal risks associated
      with
      a new business venture, there can be no assurance that the Company’s product
      will be a commercial success. Further, the Company is dependent upon certain
      related parties to provide continued funding and capital resources.




6





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 reported amounts of assets and
      liabilities and disclosures of contingent assets and liabilities as of the
      balance sheet date and the reported amounts of expenses for the period
      presented. Actual results could differ from those estimates.





Cash
      and
      Cash Equivalents





Cash
      and
      cash equivalents include highly liquid money market investments purchased with
      an original maturity of three months or less. At December 31, 2006, the Company
      had no cash equivalents. The Company maintains its cash in a bank deposit
      account, the balance of which, at times, may exceed federally insured limits.
      Accounts are guaranteed by the Federal Deposit Insurance Corporation
      (FDIC) up to $100,000. At December 31, 2006, the Company had no amounts in
      excess of FDIC insured limits.





Foreign
      Currency Transactions





All
      transactions of the Company are denominated in U.S. dollars. The Company paid
      Russian research, programming and administrative costs under a U.S. dollar
      denominated agreement. Consolidated general and administrative expenses include
      immaterial foreign exchange rate losses on Russian bank balances maintained
      by
      ANTAO. The Company has not engaged in foreign currency hedging activities.





Stock-Based
      Compensation





Statement
      of Financial Accounting Standards (“SFAS”) No. 123R, “Accounting for
      Stock-Based Compensation,” requires companies to record employee stock option
      compensation at fair value. The Company adopted SFAS 123R during the quarter
      ending March 31, 2005. No options were granted or exercised and 250,000 options
      expired during the nine months ending December 31, 2006. At December 31, 2006,
      the Company has 550,000 options outstanding under its plan, of which 343,750
      options are vested, with an exercise price of $0.10 per share and with a
      remaining contractual term of 8 years.





Software
      Development Costs





The
      Company accounts for software development costs in accordance with SFAS
      No. 86, “Accounting for the Costs of Computer Software to Be Sold, Leased
      or Otherwise Marketed.” Costs incurred to establish the technological
      feasibility of a computer software product are considered research and
      development costs and are expensed as incurred. When the technological
      feasibility of a software product has been established using the working model
      approach, development cost are capitalized. Capitalization of these costs ceases
      when the product is ready for production. The Company has expensed all software
      development costs since Inception.





Revenue
      Recognition





The
      Company’s revenues, net of sales returns and other allowances, are from the
      licensing of products. The Company recognizes revenues in accordance with
      Statement of Position or “SOP” 97-2, “Software Revenue Recognition,” as amended,
      SOP 81-1, “Accounting for Performance of Construction-Type and Certain
      Production-Type Contracts,” and Staff Accounting Bulletin or “SAB” 104, “Revenue
      Recognition.” The Company will recognize revenues when persuasive evidence of an
      arrangement exists, delivery has occurred, the vendor’s fee is fixed or
      determinable, vendor-specific objective evidence exists for all undelivered
      elements of the arrangement and collection is determined to be probable.




7





Net
      Loss
      Per Share





Basic
      net
      loss per common share is computed by dividing net loss applicable to common
      stockholders by the weighted-average number of common shares outstanding during
      the period. Diluted net loss per common share is determined using the
      weighted-average number of common shares outstanding during the period, adjusted
      for the dilutive effect of common stock equivalents, consisting of shares
      issuable upon exercise of common stock options. In periods when losses are
      reported, the weighted-average number of common shares outstanding excludes
      common stock equivalents because their inclusion would be
      anti-dilutive.





Advertising





Advertising
      expense, including direct mail and email advertising, was $0 and $73,804 for
      the
      three and nine months ended December 31, 2005, respectively. There were no
      advertising expenses for the nine months ending December 31, 2006.





Fair
      Value of Financial Instruments





The
      Company’s financial instruments consist mainly of cash, short-term payables and
      borrowings under the notes payable. The Company believes that the carrying
      amounts approximate fair value, due to their short-term maturities and current
      interest rates.





Impairment
      of Long-Lived Assets





The
      Company reviews its long-lived assets for impairment whenever events or changes
      indicate that the carrying amount of an asset or group of assets may not be
      recoverable. An impairment loss of $0 and $20,000 was recorded during the three
      and nine months ending December 31, 2006 related to accounting software licenses
      no longer in use. No impairment losses were recorded during the period ended
      December 31, 2005.





NOTE
      2.
      GOING CONCERN CONSIDERATIONS





The
      Company’s financial statements 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 is in the
      development stage and has had minimal revenues since Inception. Management
      recognizes that the Company must raise capital sufficient to fund start up,
      development and marketing activities until such time as it can generate revenues
      and net cash flows in amounts necessary to enable it to continue in existence.
      The realization of assets and satisfaction of liabilities in the normal course
      of business is dependent upon the Company achieving these goals. Management’s
      plans include continuing efforts to find an appropriate merger partner,
      borrowing funds from Ener1 Group, and raising additional capital.





In
      accordance with the funding provisions in the Predecessor’s operating agreement,
      certain members of the Predecessor contributed capital of $2,000,000 to the
      Predecessor. As of July 27, 2005, the Company had borrowed $2,500,000 under
      a
      $2,500,000 revolving loan agreement with a company that is affiliated with
      the
      Company through common ownership (the “Bzinfin Loan”). The Company borrowed an
      additional $50,000 from Bzinfin during September 2005, and the loan agreement
      was amended to include the additional borrowing under the same terms and
      conditions. The Company has received an extension of the due date of the Bzinfin
      Loan from February 7, 2007 until June 30, 2007. From October 2005 through
      December 31, 2006, the Company borrowed $677,331 from Ener1 Group, Inc. under
      a
      demand note.





Since
      September 2005, the Company has implemented a change in its business strategy
      and taken certain actions to reduce its overhead costs. The Company is providing
      minimal maintenance of its existing ***nViz*** ***x*** visualization products, and does not presently plan to introduce new versions
      of
      the product. The Company has discontinued its development projects. In September
      2005, the Company terminated its use of software development services previously
      provided to the Company by Splinex Outsourcing, Inc., a Russian outsourcing
      company, terminated its development activity, terminated most of its personnel,
      and ceased marketing activities other than maintaining an Internet web store.
      The Company plans to explore business development opportunities including
      possibly merging with another company. The Company has minimal sales and no
      sales contracts and is considered to be in the development stage as of December
      31, 2006.




8




The
      Company has borrowed funds from a related party, Ener1 Group, Inc., to pay
      certain ongoing expenses while it pursues such alternatives, which could include
      acquisitions of or joint ventures with companies that could benefit from certain
      of the Company’s core technologies. The Company does not anticipate receiving
      funding from Ener1 Group, Inc. sufficient to pay past due obligations including
      severance obligations until it has been able to implement its business
      development further.





Management
      believes that actions presently being taken, as described in the preceding
      paragraphs, provide the opportunity for the Company to continue as a going
      concern; however, there is no assurance this will occur.





NOTE
      3.
      SEGMENT INFORMATION





The
      Company’s sole reportable business segment is visual communication software
      products and services. The Company’s accounting policies for segments are the
      same as those described in the summary of significant accounting policies.





NOTE
      4.
      ACCRUED EXPENSES





Accrued
      expenses represent expenses that are owed at the end of the period that either
      have not been billed by the provider or are expenses that are estimated for
      services provided. Accrued expenses also include severance and other wage
      related expenses due to former employees. At December 31, 2006 and March 31,
      2006, accrued expenses consisted of the following:


**December
                  31, 2006**
              
              **March
                  31, 2006**Accrued
                  severance and termination obligations
              
              $
              468,523
              
              $
              561,111Accrued
                  Russian programming closing costs
              
              
              43,000
              
              
              43,000Audit
              
              
              37,000
              
              
              40,000Accrued
                  vacation and wages
              
              
              7,959
              
              
              11,555Miscellaneous
              
              
              27,417
              
              
              27,427$
              583,899
              
              $
              683,093





NOTE
      5.
      STOCKHOLDERS’ EQUITY





The
      Company has the authority to issue 300,000,000 shares of common stock, par
      value
      of $0.001 per share. Each holder of common stock is entitled to one vote for
      each share held. The Company has the authority to issue 150,000,000 shares
      of
      preferred stock, par value $0.001 per share, which may be divided into series
      with the designations, powers, preferences, and relative rights and any
      qualifications, limitations or restrictions as determined by the Company’s board
      of directors.





During
      October 2005, a former employee forfeited 250,000 restricted shares of the
      Company's common stock. The Company has recorded the forfeited restricted stock
      as treasury stock at $62,500 based upon the closing price of the common stock
      on
      the date of forfeiture.





NOTE
      6.
      RELATED PARTY TRANSACTIONS





On
      January 1, 2004 and February 1, 2004, the Company entered into
      consulting agreements with two members of the Predecessor, one of whom is also
      director of the Company. The consulting agreements engage the members to provide
      consulting services including providing advice regarding equity restructuring,
      business planning, strategic planning, and international licensing in exchange
      for $100,000 per year, or a monthly fee to each consultant of $8,333. General
      and administrative expenses include consulting fees under these agreements
      of
      $50,000 and $150,000 for the three and nine months ended December 31, 2006
      and
      2005, respectively. Accounts payable includes $350,666 owed under these
      agreements.





The
      Company shared personnel with Ener1, Inc. and Ener1 Group, Inc., entities
      affiliated with the Company by common ownership and through common control.  Accordingly,
      amounts have been allocated to and from the Company for the services of
      personnel and other expenses. The Company incurred rent expense of $0 and
      $10,486 for its office space under a sublease with Ener1 Group, Inc. for the
      three and nine months ended December 31, 2006 and $15,806 and $46,634 for the
      three and nine months ended 2005, respectively. **** In
      the
      period ended March 31, 2006 (“fiscal 2006”), related parties reimbursed the
      Company for the time spent by one of its employees for patent and research
      work
      in the amount of $0 and $2,280 for the three and nine months ended December
      31,
      2005. General and administrative expenses include legal expenses payable to
      Ener1 Group, Inc. for the services of an Ener1 Group employee who serves as
      the
      Company’s general counsel in the amount of $1,500 and $9,200 for the three and
      nine months ended December 31, 2005.




9





During
      fiscal 2006, the Company worked with Russia-based scientists and programmers
      who
      were employed by Splinex Outsourcing LLC, a Russian company. During the three
      months ended December 31, 2005, the Company paid $120,207 to Splinex Outsourcing
      of which $40,207 was paid through ANTAO And $80,000 was paid through Ener1
      Group.





Effective
      January 27, 2006, the Company’s President, Mr. Herlihy, began performing
      services for Ener1, Inc. including serving as its Chief Financial Officer from
      January 27, 2006 through October 16, 2006 in addition to his continuing role
      at
      Splinex. Splinex is paying $60,000 and Ener1 is paying $190,000 of Mr. Herlihy’s
      $250,000 annual salary. Mr. Herlihy dedicated substantially all of his time
      to
      Ener1 except for the time necessary to attend to the administrative and
      financial matters of Splinex.





NOTE
      7.
      DEBT DUE TO RELATED PARTIES





Effective
      April 1, 2004, a company that is affiliated with the Company through common
      ownership, entered into a revolving loan agreement, the Bzinfin Loan, with
      the
      Company under which the Company borrowed $2,550,000 in aggregate principal
      through March 31, 2006. Loans under this agreement bear interest at an annual
      rate of 5% and must be repaid two years from the date of the initial funding,
      which occurred on February 7, 2005. The Company has requested but not formally
      received an extension of the due date of the Bzinfin Loan from February 7,
      2007
      until June 30, 2007. Accrued interest at December 31, 2006 was
      $223,332.





At
      December 31, 2006, the Company had borrowed $677,331 from Ener1 Group under
      a
      demand note bearing annual interest of 5% to fund working capital needs. Accrued
      interest at December 31, 2006 was $28,061.





NOTE
      8.
      COMMITMENTS AND CONTINGENCIES





***Foreign
      subsidiary***





The
      Company has outsourced computer programming to a company located in Ekaterinberg
      Russia. The Company may engage in outsourcing in Russia again in the
      future. The outsourcing company’s operations in Russia are subject to
      significant risks not typically associated with companies in North America
      and
      Western Europe. These risks include, among others, political, economic
      and legal risks associated with doing business in Russia, limitations on foreign
      currency transactions, and risks associated with evolving Russian laws on
      issues including creditor rights and intellectual property. The Company’s
      ability to develop products and earn revenues may be adversely affected by
      changes in the political, economic, legal and social conditions in Russia,
      and
      by changes in governmental policies with respect to laws and regulations,
      anti-inflationary measures, foreign currency transactions, and rates and methods
      of taxation, among other things.




***Lease
      Commitments***




Effective
      April 1, 2004, the Company assumed the rights and obligations under a
      sublease agreement for its office facility that the Predecessor entered into in
      October 2003. The sublease agreement expires on February 28, 2008. A
      subtenant assumed the lease obligations to Ener 1 Group on June 1, 2006, and
      the
      Company has no further office lease obligations.




10


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





*This
      Quarterly* *Report on Form 10-QSB contains forward -looking statements within the meaning
      of
      Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
      Securities Exchange Act of 1934, as amended. These statements relate to our
      expectations, hopes, intentions or strategies regarding future events or future
      financial performance.  Any statements contained in this report that are
      not statements of historical fact may be deemed forward-looking statements.
      In
      some cases, forward-looking statements can be identified by terminology such
      as
“may,” “will,” “should,” “expect,” “plan,” “anticipate,” “intend”, “believe,”
“estimate,” “predict,” “potential” or “continue,” or the negative of such terms
      or other comparable terminology. Forward-looking statements include but are
      not
      limited to statements regarding: our future business plans; the expected release
      dates and future sales of our products; development of other products; expected
      hiring levels; marketing plans; increases of selling, general and administrative
      costs and research and development spending; our product development strategy;
      financing requirement and capital raising plans  These statements are only
      predictions and are subject to a number of assumptions, risks and uncertainties
      that could cause actual results to differ materially from those expressed or
      implied in the forward-looking statements. The following important factors,
      in
      addition to those discussed in our filings with the Securities and Exchange
      Commission (the “Commission”) from time to time, and other unforeseen events or
      circumstances, could affect our future results and could cause those results
      or
      other outcomes to differ materially from those expressed or implied in our
      forward-looking statements: general economic conditions; competition; our
      ability to raise capital; our ability to control costs; changes within our
      industries; release of new and upgraded products and services by us or our
      competitors; development of our sales force; employee retention; our ability
      to
      protect our intellectual property; legal and regulatory issues; changes in
      accounting policies or practices; and successful adoption of our products and
      services.*




*All
      forward-looking statements* *are
      based on information available to us on the date* *of
      this filing* *,
      and
      we* *assume* *no
      obligation to update* ** *such* *statements.*


**


*The
      following discussion should be read in conjunction with our* *other
      filings with the Securities and Exchange Commission and the* *consolidated* *interim* *financial
      statements and related notes included in this* *Quarterly
      Report.*





**Overview**





Splinex
      licenses software which it developed that enables the generation, manipulation,
      viewing and image-based searching of complex, multi-dimensional mathematical
      objects and information. We believe end-users of our software products, such
      as
      mathematicians, scientists, graphic designers or digital artists working on
      complex graphical three-dimensional problems, will experience greater
      productivity through improved interaction with, enhanced visual representation
      and faster manipulation of, and greater technical and artistic precision in
      representing, multi-dimensional mathematical objects and information.





Since
      Inception, we have operated in a development phase typical of a software company
      and have focused on developing technologies and products and securing
      intellectual property rights while we develop relationships with potential
      customers and resellers. Our corporate activities to date have included raising
      capital, strategic and business planning, completing the registration of our
      securities with the Commission, and retaining executive management. In September
      2005, we discontinued our development activity, terminated most of our
      personnel, and ceased marketing activities other than maintaining an Internet
      web store. We plan to explore business development opportunities including
      possibly merging with another company. We have minimal sales and no sales
      contracts and are considered to be in the development stage as of December
      31,
      2006.





We
      began
      activity October 28, 2003 (Inception). Effective April 1, 2004, our
      Predecessor reorganized as a corporation and, as a result, contributed its
      assets, liabilities and operations to us. Our financial statements include
      the
      accounts of Splinex Technology Inc. and our Predecessor, and all material
      intercompany transactions have been eliminated.





Our
      financial statements 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. We are in the development stage
      and have had minimal revenues since Inception. Management recognizes that we
      must raise capital sufficient to fund start up, development and marketing
      activities until such time as it can generate revenues and net cash flows in
      amounts necessary to enable it to continue in existence. The realization of
      assets and satisfaction of liabilities in the normal course of business is
      dependent upon the Company achieving these goals. Management’s plans include
      continuing efforts to find an appropriate merger partner, borrowing funds from
      Ener1 Group, and raising additional capital.




11





In
      accordance with the funding provisions in the Predecessor’s operating agreement,
      certain members of the Predecessor contributed capital of $2,000,000 to the
      Predecessor. As of July 27, 2005, we had had borrowed $2,500,000 under a
      $2,500,000 revolving loan agreement with a company that is affiliated with
      us
      through common ownership (the “Bzinfin Loan”). We borrowed an additional $50,000
      from Bzinfin during September 2005, and the loan agreement was amended to
      include the additional borrowing under the same terms and conditions. Loans
      under this agreement must be repaid two years from the date of the initial
      funding, which occurred on February 7, 2005. We requested but have not formally
      received an extension of the due date of the Bzinfin Loan from February 7,
      2007
      until June 30, 2007. From October 2005 through December 31, 2006, we borrowed
      $677,331 from Ener1 Group, Inc. under a demand note; we borrowed an additional
      $13,000 from Ener1 Group, Inc. through February 16, 2007.





We
      borrowed funds from a related party, Ener1 Group, Inc., to pay certain ongoing
      expenses while we pursue such alternatives, which could include acquisitions
      of
      or joint ventures with companies that could benefit from certain of our core
      technologies. We do not anticipate receiving funding from Ener1 Group, Inc.
      sufficient to pay past due obligations including severance obligations until
      we
      have been able to implement our business development further.





Management
      believes that actions presently being taken, as described in the preceding
      paragraphs, provide the opportunity for us to continue as a going concern;
      however, there is no assurance this will occur.




**Plan
      of Operation**




During
      the period from Inception on October 28, 2003 through October 1, 2004, our
      research and development activities were primarily directed towards developing
      core technologies and software libraries that could be used in various
      applications and market segments.




During
      the period from October 1, 2004 through August 2005, we directed most of our
      software development activities to developing and releasing a commercial version
      of our software product called *nViz* *x* ,
      the
      first versions of which were designed for use with Mathematica and Maple, two
      third-party technical computing software programs published by Wolfram Research
      Inc. and Waterloo Maple, Inc., respectively. Mathematica and Maple are programs
      used for advanced mathematical functions and problem solving, such as numeric
      and symbolic computation plus interactive document creation. *nViz* *x* is an
      add-on (i.e., a product sold separately and used in connection with the
      technical computing software) software program that allows users to visualize
      sophisticated and complex multi-dimensional data and objects faster and with
      greater control and detail than is currently possible.





The
      first
      version of *nViz* *x* v1.0 for
      Mathematica was commercially released and made available for purchase in March
      2005. *nViz* *x* v1.5 for
      Maplesoft was commercially released and made available for purchase in June
      2005. In June 2005, we entered into a Reseller Agreement with Waterloo Maple
      Inc., the parent company of Maplesoft, the developer of Maple software. Under
      the Reseller Agreement, Maplesoft and Splinex agreed to conduct a number of
      joint marketing and sales initiatives. Additionally, Maplesoft agreed to promote *nViz* *x* v1.5 for
      Maple through its web site and other marketing activities directed to its
      customer base. We have not had significant sales of either product, and do
      not
      have sufficient funds to market the product to achieve higher sales. Our current
      marketing activities consist solely of the marketing efforts of our reseller
      and
      availability of the product for purchase at our Internet web store.




12





Using
      our
      core software libraries, we have the capability to develop additional versions
      of *nViz* *x* as
      visualization add-ons for other technical computing software products similar
      to
      Mathematica and Maplesoft.  However, due to low product sales, we intend to
      make available for purchase our existing *nViz* *x* visualization products, but do not presently plan to introduce new versions
      of
      the product or upgrades. We may explore alternative uses of our existing
      technology through licensing or other business development activities. We may
      pursue acquisitions of, or joint ventures with, companies that can benefit
      from
      our technology.





On
      December 13, 2005, we signed a letter of intent to acquire EnerSoft, Inc.
      (“EnerSoft”), a privately held technology company that specializes in the
      development of video processing filters, signal and imaging processing and
      video
      compression technologies. Ener1 Group, Inc., a company affiliated with our
      Company by common ownership and common control, owns 95% of the equity of
      EnerSoft. EnerSoft is a development stage software company with no assets or
      revenues. We discontinued further due diligence activities and negotiations
      related to EnerSoft in May 2006.





At
      December 31, 2006, we had cash of $3,665 and negative working capital of
      $4,876,384.  Through employee terminations, the termination of our use of
      software development services previously provided to us by Splinex Outsourcing,
      Inc., and implementation of other expense controls, we have reduced our average
      monthly cash expenses to less than $50,000. We are currently dependent upon
      funds advanced from Ener1 Group, Inc. to pay these ongoing expenses. We do
      not
      anticipate receiving funding sufficient to pay our past due obligations,
      including severance obligations, until we have been able to implement our
      business development plans further.





We
      cannot
      provide assurance you that we will be able to raise additional funds on terms
      favorable to us or at all. If we raise additional funds through the sale of
      equity or convertible debt securities, our current stockholders’ ownership
      percentage of our common stock will be reduced. In addition, these transactions
      may dilute the value of our common stock. We may have to issue securities that
      have rights, preferences and privileges senior to our common stock. The terms
      of
      any additional indebtedness may include restrictive financial and operating
      covenants that would limit our ability to compete and expand. Our failure to
      obtain any required future financing could materially and adversely affect
      our
      financial condition.





As
      of
      December 31, 2006, we have no
      material planned capital expenditures .





**Results
      of** **Operations** **for the** **Three
      Month Period Ended** **December 31, 2006**





We
      incurred a loss of $138,897 or $(0.00) per share, for the three months ended
      December 31, 2006, compared to a loss of $248,113, or $(0.00) per share in
      the
      prior year quarter. Weighted average shares outstanding were 100,757,770 and
      100,680,964 for the three months ended December 31, 2006 and 2005, respectively.
      Operations for the three months ended December 31, 2005 and December 31, 2006
      reflect the termination of a substantial part of our software development team
      and reduced administrative overhead costs and marketing expenditures due to
      limited funds available for operations.





Operating
      expenses, consisting entirely of general and administrative expenses, were
      $99,652 for the three months ended December 31, 2006. Operating expenses of
      $214,890 for the three months ended December 31, 2005 included $5,448 for sales
      and marketing expenses, $164,092 for general and administrative expenses and
      $45,350 for research and development costs. Interest expenses increased to
      $40,097 for the three months ended December 31, 2006 from $34,130 in the three
      months ended December 31, 2005 due to additional loans from Ener1 Group.
      Interest under the Bzinfin Loan is due at maturity in February 2007. We
      requested but not formally received an extension of the due date of the Bzinfin
      Loan from February 7, 2007 until June 30, 2007.





General
      and administrative expenses for the three months ended December 31, 2006
      included wages and benefits of $15,812, consulting fees of $50,000 payable
      to a
      director, Dr. Novak and, a related party, Mike Zoi; audit fees of $9,000;
      and insurance costs of $17,683. General and administrative expenses for the
      three months ended December 31, 2005 included wages and benefits of $41,747,
      consulting fees of $50,000 paid to a director, Dr. Novak and, a related
      party, Mike Zoi; legal expenses of $7,898, of which $1,500 was payable to Ener1
      Group to reimburse Ener1 Group for the services of our general counsel, who
      is
      also an officer of Ener1 Group; audit fees of $6,140; insurance costs of
      $21,328; and rent of $15,806.





Research
      and development expenses for the three months ended December 31, 2005 primarily
      consisted of $42,630 for wages and benefits paid to U.S. based programmers.
      In
      September 2005, we terminated or accepted resignations from certain members
      of
      our U.S. development team and terminated the software development services
      of
      our Russian programmers.




13





**Results
      of Operations for the Nine Month Period Ended December 31, 2006**





We
      incurred a loss of $463,118, or $0.00 per share for the nine months ending
      December 31, 2006 compared to a loss of $2,039,817, or $(0.02) per share, for
      the nine months ended December 31, 2005. Operating expenses of $1,951,372 for
      the nine months ended December 31, 2005 included $195,567 for sales and
      marketing expenses, $1,122,252 for general and administrative expenses, and
      $633,553 for research and development costs.





There
      were no sales and marketing expenses for the nine months ended December 31,
      2006. Sales and marketing expenses for the nine months ended December 31, 2005
      consisted primarily of wages and benefits of $96,064 and direct mail advertising
      expenses of $71,338.





General
      and administrative expenses for the nine months ended December 31, 2006 included
      wages and benefits of $50,622; consulting fees of $150,000 payable to a director
      and a related party, Mike Zoi; audit fees of $43,000; insurance costs of
      $60,726; and amortization of accounting software license fees of $42,064.
      General and administrative expenses for the nine months ended December 31,
      2005
      included severance expense of $404,960; wages and benefits of $235,711;
      consulting fees of $150,000 paid to a director and to a related party; legal
      expenses of $70,596, of which $9,200 was payable to Ener1 Group to reimburse
      Ener1 Group for the services of our general counsel; audit fees of $55,083;
      insurance costs of $63,343; and rent of $46,634.





Research
      and development expenses for the nine months ended December 31, 2006 are for
      wages and benefits of a programmer whose employment was terminated in July
      2006.
      Research and development expenses for the nine months ended December 31, 2005
      included $444,591 for wages and benefits paid to U.S. based programmers;
      $156,207 for wages and administrative costs of our Russian-based scientists
      and
      programmers; and $20,570 paid to software consultants. In September 2005, we
      terminated or accepted resignations from certain members of our U.S. development
      team and terminated the software development services of our Russian
      programmers.




Related
      parties reimburse us for the time spent by one of our employees for patent
      and
      research work; as a result, our research and development wages and benefits
      are
      net of reimbursements of $2,280 for the nine months ended December 31, 2005.




**Liquidity
      and capital resources**





At
      December 31, 2006, we had negative working capital of $4,876,384 and cash of
      $3,665, and we have no further borrowing availability under the Bzinfin Loan.
      Approximately $3,968,000 of the $4,880,000 of current liabilities are due to
      related parties, and the remainder of our current liabilities are due to vendors
      and former employees under severance or other obligations which amounts are
      significantly past due.





Several
      factors exist that raise significant doubt as to our ability to continue
      operating as a going concern. These factors include our history of net losses
      and the facts that our company is in the development stage and we have earned
      minimal revenues to date. We have no remaining funds available under our
      revolving loan agreement and are dependent upon Ener1 Group, Inc. to fund our
      operations. Our independent auditors’ report on our financial statements for the
      year ended March 31, 2006 contains an explanatory paragraph about our
      ability to continue as a going concern. In the absence of attaining profitable
      operations and achieving positive cash flow from operations or obtaining
      significant additional debt or equity financing, we will continue to have
      difficulty meeting current and long-term obligations.





Since
      September 2005, we have implemented a change in our business strategy and taken
      certain actions to reduce our overhead costs. We are providing minimal
      maintenance of our existing ***nViz*** ***x*** visualization products, and do not presently plan to introduce new versions
      of
      the product. We have discontinued our development projects. In September 2005,
      we terminated our use of software development services previously provided
      to us
      by Splinex Outsourcing, Inc., a Russian outsourcing company, terminated our
      development activity, terminated most of our personnel, and ceased marketing
      activities other than maintaining an Internet web store. We plan to explore
      business development opportunities including possibly merging with another
      company. We have minimal sales and no sales contracts and are considered to
      be
      in the development stage as of December 31, 2006.





We
      borrowed funds from a related party, Ener1 Group, Inc., to pay certain ongoing
      expenses while we pursue such alternatives, which could include acquisitions
      of
      or joint ventures with companies that could benefit from certain of our core
      technologies. We do not anticipate receiving funding from Ener1 Group, Inc.
      sufficient to pay past due obligations including severance obligations until
      we
      have been able to implement our business development further. From October
      2005
      through December 31, 2006, we borrowed $677,331 from Ener1 Group, Inc. under
      a
      demand note; we borrowed an additional $13,000 from Ener1 Group, Inc. through
      February 16, 2007.




14





Management
      believes that actions presently being taken, as described in the preceding
      paragraphs, provide the opportunity for us to continue as a going concern;
      however, there is no assurance this will occur.





In
      accordance with the funding provisions in the Predecessor’s operating agreement,
      certain members of the Predecessor contributed capital of $2,000,000 to the
      Predecessor. As of July 27, 2005, the Company had borrowed $2,500,000 under
      a
      $2,500,000 revolving loan agreement with a company that is affiliated with
      the
      Company through common ownership (the “Bzinfin Loan”). The Company borrowed an
      additional $50,000 from Bzinfin during September 2005, and the loan agreement
      was amended to include the additional borrowing under the same terms and
      conditions. The Company has requested but not formally received an extension
      of
      the due date of the Bzinfin Loan from February 7, 2007 until June 30, 2007.





In
      the
      absence of attaining profitable operations and achieving positive cash flows
      from operations or obtaining significant additional debt or equity financing,
      we
      will continue to have difficulty meeting current and long-term obligations.





We
      do not
      have material exposure to market risks associated with changes in interest
      rates
      related to cash equivalent securities held at December 31, 2006.





**Off-balance
      sheet arrangements**





At
      December 31, 2006, we did not have any off-balance sheet arrangements, as
      defined in item 303(c)(2) of Regulation S-B.





**Recent
      Accounting Pronouncements**





In
      July
      2006, the Financial Accounting Standards Board (“FASB”) issued FASB
      Interpretation No. 48, “Accounting for Uncertainty in Income Taxes—an
      Interpretation of FASB Statement No. 109” (“FIN 48”), which clarifies the
      accounting for uncertainty in income tax positions. This Interpretation requires
      that the Company recognize in its financial statements the impact of a tax
      position if that position is more likely than not of being sustained on audit,
      based on the technical merits of the position. The provisions of FIN 48 are
      effective for the Company on January 1, 2007, with the cumulative effect of
      the
      change in accounting principle, if any, recorded as an adjustment to opening
      retained earnings. The Company is currently evaluating the impact of adopting
      FIN 48 on its financial position, cash flows, and results of
      operations.





In
      September 2006, the FASB issued SFAS No. 157, “Fair Value Measurements” (“SFAS
      157”), which clarifies the definition of fair value, establishes guidelines for
      measuring fair value, and expands disclosures regarding fair value measurements.
      SFAS 157 does not require any new fair value measurements and eliminates
      inconsistencies in guidance found in various prior accounting pronouncements.
      SFAS 157 will be effective for the Company on January 1, 2008. The Company
      is
      currently evaluating the impact of adopting SFAS 157 on its financial position,
      cash flows, and results of operations.





In
      September 2006, the Securities and Exchange Commission (“SEC”) released Staff
      Accounting Bulletin No. 108, “Considering the Effects of Prior Year
      Misstatements when Quantifying Misstatements in Current Year Financial
      Statements” (“SAB 108”). SAB 108 provides interpretive guidance on the SEC’s
      views on how the effects of the carryover or reversal of prior year
      misstatements should be considered in quantifying a current year misstatement.
      The provisions of SAB 108 will be effective for the Company for the fiscal
      year
      ended December 31, 2006. The Company is currently evaluating the impact of
      applying SAB 108 but does not believe that the application of SAB 108 will
      have
      a material effect on its financial position, cash flows, and results of
      operations.




15


Item
      3.
      Controls and Procedures.





Our
      disclosure controls and procedures are designed to provide reasonable assurance
      that information required to be disclosed in our reports filed or
      submitted under
      the Securities Exchange Act of 1934 is
      recorded, processed, summarized and reported within
      the time periods specified in the SEC’s
      rules and forms, and that such information is
      accumulated and communicated to our
      management, including our chief executive officer and chief financial
      officer ,
      as
      appropriate, to allow for timely
      decisions regarding required disclosure .
      In
      designing and evaluating the disclosure controls and procedures, management
      recognized that any controls and procedures, no matter how well designed and
      operated, can provide only reasonable assurance of achieving the desired control
      objectives, and management is required to apply its judgment in evaluating
      the
      cost-benefit relationship of possible controls and procedures.





As
      of
      December 31, 2006, we
      carried out an evaluation , under
      the supervision and with the participation of our management,
      including our president and chief financial officer, of the
      effectiveness of the design and operation of our disclosure controls and
      procedures. Based on
      the foregoing, our president and
      chief financial officer
      concluded that our disclosure controls and procedures were
      effective and were operating at the reasonable assurance level.




During
      the quarter ended December 31, 2006, there were no changes in internal controls
      over financial reporting that have materially affected, or are reasonably likely
      to materially affect, our internal control over financial
      reporting.





PART
      II —
OTHER INFORMATION





Item
      1.
      Legal proceedings





From
      time
      to time, we may be involved in litigation relating to claims arising out of
      our
      intellectual property and operations. We are not currently a party to any such
      proceedings the outcome of which would have a material affect on our company.




16


Item
      6.
      Exhibits


Exhibit
                Number
              
              Description2.1
              
              Agreement
                  and Plan of Merger among Ener1 Acquisition Corp., Splinex and Ener1,
                  Inc.,
                  dated as of June 9, 2004, incorporated herein by reference to Exhibit
                  2.1 to Splinex’s Registration Statement on Form S-1 filed with the
                  Commission on June 24, 2004 (Registration No.
                  333-116817)2.2
              
              First
                  Amendment to Agreement and Plan of Merger among Ener1 Acquisition
                  Corp.,
                  Splinex and Ener1, Inc., dated as of October 13, 2004, incorporated
                  herein by reference to Exhibit 2.2 to Splinex’s Registration Statement on
                  Form S-1 filed with the Commission on October 15, 2004 (Registration
                  No.
                  333-116817)2.3
              
              Second
                  Amendment to Agreement and Plan of Merger among Ener1 Acquisition
                  Corp.,
                  Splinex and Ener1, Inc., dated as of December 23, 2004, incorporated
                  herein by reference to Exhibit 2.3 to Splinex’s Registration Statement on
                  Form S-1 filed with the Commission on December 27, 2004 (Registration
                  No.
                  333-116817)3.1
              
              Certificate
                  of Incorporation of Splinex, incorporated herein by reference to
                  Exhibit
                  3.1 to Splinex’s Registration Statement on Form S-1 filed with the
                  Commission on June 24, 2004 (Registration No.
                  333-116817)3.2
              
              Certificate
                  of Merger of Splinex, incorporated herein by reference to Exhibit
                  3.2 to
                  Splinex’s Registration Statement on Form S-1 filed with the Commission
                  on
                  December 27, 2004 (Registration No. 333-116817)3.3
              
              Bylaws
                  of Splinex, incorporated herein by reference to Exhibit 3.3 to
                  Splinex’s
                  Registration Statement on Form S-1 filed with the Commission on
                  June 24,
                  2004 (Registration No. 333-116817)31.1
              
              Certification
                  of Principal Executive Officer and Principal Financial Officer
                  pursuant to
                  Section 302 of the Sarbanes-Oxley Act of 200232.1
              
              Certification
                  of Principal Executive Officer pursuant to 18 U.S.C. Sec. 1350,
                  as adopted
                  pursuant to Section 906 of the Sarbanes-Oxley Act of
                  2002





17




**SIGNATURES**





In
      accordance with the requirements of the Exchange Act, the registrant caused
      this
      report to be signed on its behalf by the undersigned, thereunto duly
      authorized.




Splinex
                Technology Inc.
              RegistrantDate:
              February 20, 2007
            By:
            /s/
              Gerard A. HerlihyName:
              Gerard A. HerlihyTitle:
              President and Chief Financial Officer




18