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 June 30, 2005.

   [_] Transition report under Section 13 or 15(d) of the Securities Exchange
          Act of 1934 (No fee required) for the transition period from

                        _____________ to _______________.


                         TECHNOL FUEL CONDITIONERS, INC.
                         -------------------------------
               (Exact Name of Registrant as Specified in Charter)

                               Primary Standard Industrial
State of Incorporation         Classification Code Number           22-3084979
----------------------         ---------------------------          ----------
     Colorado                            2911                       IRS ID No.

                               2800 Griffin Drive
                          Bowling Green, Kentucky 42101
                          -----------------------------
               (Address of Principal Executive Offices, Zip Code)

       Registrant's telephone number, including area code: (800) 330-2535
                                                           --------------

              1 Main street, Ste. 405, Eatontown, New Jersey 07724
              ----------------------------------------------------
          (Former Name or Former Address, 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 [_] No [X]

The number of shares outstanding of Registrant's common stock ($0.001 par value)
as of the quarter ended June 30, 2005 is 19,675,000.

<PAGE>

PART I   MATTER OF FORWARD-LOOKING STATEMENTS

THIS FORM 10-QSB CONTAINS "FORWARD-LOOKING STATEMENTS" THAT CAN BE IDENTIFIED BY
THE USE OF FORWARD-LOOKING WORDS SUCH AS "BELIEVES," "EXPECTS," "MAY," "WILL,"
"SHOULD," OR "ANTICIPATES," OR THE NEGATIVE OF THESE WORDS OR OTHER VARIATIONS
OF THESE WORDS OR COMPARABLE WORDS, OR BY DISCUSSIONS OF PLANS OR STRATEGY THAT
INVOLVE RISKS AND UNCERTAINTIES. MANAGEMENT WISHES TO CAUTION THE READER THAT
THESE FORWARD-LOOKING STATEMENTS, INCLUDING, BUT NOT LIMITED TO, STATEMENTS
REGARDING THE COMPANY'S MARKETING PLANS, GOALS, COMPETITIVE AND TECHNOLOGY
TRENDS AND OTHER MATTERS THAT ARE NOT HISTORICAL FACTS ARE ONLY PREDICTIONS. NO
ASSURANCES CAN BE GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT OR THAT THE
ANTICIPATED FUTURE RESULTS WILL BE ACHIEVED. ACTUAL EVENTS OR RESULTS MAY DIFFER
MATERIALLY EITHER BECAUSE ONE OR MORE PREDICTIONS PROVE TO BE ERRONEOUS OR AS A
RESULT OF OTHER RISKS FACING THE COMPANY. FORWARD-LOOKING STATEMENTS SHOULD BE
READ IN LIGHT OF THE CAUTIONARY STATEMENTS AND IMPORTANT FACTORS DESCRIBED IN
THIS FORM 10-QSB, INCLUDING, BUT NOT LIMITED TO "THE FACTORS THAT MAY AFFECT
FUTURE RESULTS" SHOWN AS ITEM 2A AND IN MANAGEMENT'S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS. THE RISKS INCLUDE, BUT ARE NOT
LIMITED TO, THE RISKS ASSOCIATED WITH AN EARLY-STAGE COMPANY THAT HAS ONLY A
LIMITED HISTORY OF OPERATIONS, THE COMPARATIVELY LIMITED FINANCIAL RESOURCES OF
THE COMPANY, THE INTENSE COMPETITION THE COMPANY FACES FROM OTHER ESTABLISHED
COMPETITORS, TECHNOLOGICAL CHANGES THAT MAY LIMIT THE ABILITY OF THE COMPANY TO
MARKET AND SELL ITS PRODUCTS AND SERVICES OR ADVERSELY IMPACT THE PRICING OF
THESE PRODUCTS AND SERVICES, AND MANAGEMENT THAT HAS ONLY LIMITED EXPERIENCE IN
DEVELOPING SYSTEMS AND MANAGEMENT PRACTICES. ANY ONE OR MORE OF THESE OR OTHER
RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS
INDICATED, EXPRESSED, OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE
UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENT TO
REFLECT EVENTS, CIRCUMSTANCES, OR NEW INFORMATION AFTER THE DATE OF THIS FORM
10-QSB OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED OR OTHER SUBSEQUENT EVENTS

<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.

                                TABLE OF CONTENTS

                                -----------------

PART I                                                                    PAGE
                                                                          ----

ITEM 1. FINANCIAL STATEMENTS..............................................3-13

ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OR
          PLAN OF OPERATION.................................................14

ITEM 2A.  FACTORS THAT MAY AFFECT FUTURE RESULTS............................16

ITEM 3.   CONTROLS AND PROCEDURES...........................................17


PART II


ITEM 1.   LEGAL PROCEEDINGS.................................................18

ITEM 2.   UNREGISTERED ASALES OF EQUITY SECURITIES
          AND USE OF PROCEEDS...............................................18

ITEM 3.   DEFAULTS UPON SENIOR SECURITIES...................................18

ITEM 4.   SUBMISSION TO A VOTE OF SECURITY HOLDERS..........................18

ITEM 5    OTHER INFORMATION.................................................18

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K..................................18

SIGNATURES..................................................................19

                                       2
<PAGE>

PART I

ITEM 1.  FINANCIAL STATEMENTS

Unless otherwise indicated, the term "Company" refers to Technol Fuel
Conditioners, Inc. and its subsidiaries and predecessors. The accompanying
consolidated unaudited condensed financial statements have been prepared by
management in accordance with the instructions in Form 10-QSB and, therefore, do
not include all information and footnotes required by generally accepted
accounting principles and should, therefore, be read in conjunction with
Company's Annual Report to Shareholders on Form 10-KSB for the fiscal year ended
December 31, 2004 These statements do include all the normal recurring
adjustments, which the Company believes is necessary and affords a fair
presentation. The interim results are not necessarily indicative of the results
for the full year ending December 31, 2004. Accordingly, consolidated unaudited
interim financial statements, including a balance sheet for the Company as of
the fiscal quarter ended June 30, 2005, and, statements of operations and
statements of cash flows for the interim period up to the date of such balance
sheet and the comparable period of the preceding fiscal year are attached hereto
as Pages 4through 8 and are incorporated herein by this reference.

                                       3
<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.
                                  Balance Sheet

                                                     June 30,       December 31,
                                                      2005             2004
                                                   -----------      -----------
                                                   (Unaudited)
                     ASSETS

CURRENT ASSETS
Cash and cash equivalents                          $        --      $        --

Accounts receivable, net                                17,397           46,732

Inventory, net                                          10,150           13,292

Prepaid expenses and other current assets                  410              410
                                                   -----------      -----------
Total Current Assets                                    27,957           60,434

Fixed Assets, net                                        2,710            2,710

                                                   -----------      -----------
Total Assets                                       $    30,667      $    63,144
                                                   ===========      ===========
     LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES

Cash overdraft                                     $     7,931      $       211

Accounts payable                                         8,251      $    30,418

Accrued liabilities                                    326,340          326,340

Line of credit from related party                      350,530          350,530

Loans payable to stockholder                           973,702          843,220
                                                   -----------      -----------

Total Liabilities                                    1,666,754        1,550,719
                                                   -----------      -----------

STOCKHOLDERS' DEFICIT
Common Stock, 700,000,000 shares authorized at
  $.001 par value; 19,675,000 shares issued
  and outstanding                                       19,675           19,675
Additional paid-in capital                             528,625          528,625
Accumulated deficit                                 (2,184,387)      (2,035,875)
                                                   -----------      -----------
Total Stockholders' Deficit                         (1,636,087)      (1,487,575)
                                                   -----------      -----------

Total Liabilities & Stockholders' Deficit          $    30,667      $    63,144
                                                   ===========      ===========

                                       4
<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.
                            STATEMENTS OF OPERATIONS
                       For the three months ended June 30,

                                                 2005              2004
                                            ------------      ------------

REVENUES                                    $     10,095      $     35,173

COST OF SALES                                      8,376            18,224
                                            ------------      ------------

GROSS MARGIN                                       1,719            16,949

Selling, general and administrative               62,202           105,977
                                            ------------      ------------

   Loss from operations                          (60,483)          (89,028)

  Interest expense, net                           (4,727)               --
                                            ------------      ------------


NET LOSS                                    $    (65,210)     $    (89,028)
                                            ============      ============

Basic and diluted loss per common share     $      (0.00)     $      (0.01)
                                            ============      ============

Weighted average shares outstanding -
  basic and diluted                           19,675,000        19,675,000
                                            ============      ============

                                       5
<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.
                            STATEMENTS OF OPERATIONS
                        For the six months ended June 30

                                                2005               2004
                                            ------------      ------------

REVENUES                                    $     53,668      $    142,176

COST OF SALES                                     33,066            58,407
                                            ------------      ------------

GROSS MARGIN                                      20,602            83,769

Selling, general and administrative              159,660            94,549
                                            ------------      ------------

   Loss from operations                         (139,058)          (10,780)

  Interest expense, net                           (9,454)          (23,293)
                                            ------------      ------------


NET LOSS                                    $   (148,512)     $    (34,073)
                                            ============      ============

Basic and diluted loss per common share     $      (0.01)     $      (0.01)
                                            ============      ============

Weighted average shares outstanding -
  basic and diluted                           19,675,000        19,675,000
                                            ============      ============

                                       6
<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.
                       CONDENSED STATEMENTS OF CASH FLOWS
                     For the six months ended June 30, 2005

                                                          2005         2004
                                                       ---------    ---------

Cash Flows from Operating Activities:
Net loss                                               $(148,512)   $ (99,799)
Changes in operating assets and liabilities:
   Accounts receivable                                    29,335       55,066
    Inventory                                              3,142      (17,505)
    Accounts payable and accrued expenses                (22,167)      25,935
                                                       ---------    ---------

Net cash used in operating activities                   (138,202)     (36,303)
                                                       ---------    ---------

Cash Flows from Financing Activities:
   Proceeds from notes to stockholders                   130,482       40,343
   Net change in line of credit                               --           --
                                                       ---------    ---------

Net cash provided by financing activities                130,482       40,343
                                                       ---------    ---------

Net increase (decrease) in cash and cash equivalents      (7,720)       4,040

Cash and cash equivalents, beginning of year                (211)       2,090
                                                       ---------    ---------

Cash and cash equivalents, end of year                 $  (7,931)   $   6,130
                                                       =========    =========

                                       7
<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.
                 STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT
                                 June 30, 2005
<TABLE>
<CAPTION>
                                    Common Stock
                            700,000,000 shares authorized       Additional      Accumulated
                             Shares       $0.001 par value   Paid-in Capital      Deficit             Total
                           ----------     ----------------   ---------------    -----------         ----------
<S>                        <C>                   <C>              <C>            <C>                <C>
Balance -
  December 31, 2002        19,675,000            19,675           528,625        (1,641,770)        (1,093,470)

Net loss                           --                --                --           (99,465)           (99,465)
                           ----------        ----------        ----------        ----------         ----------

Balance -
  December 31, 2003        19,675,000            19,675           528,625        (1,741,235)        (1,192,935)

Net loss                           --                --                --          (294,640)          (294,640)
                           ----------        ----------        ----------        ----------         ----------

Balance -
  December 31, 2004        19,675,000            19,675           528,625        (2,035,875)        (1,487,575)

Net loss                           --                --                --          (148,512)          (148,512)
                           ----------        ----------        ----------        ----------         ----------


Balance -
  June 30, 2005            19,675,000            19,675           528,625        (2,184,387)        (1,636,087)
                           ==========        ==========        ==========        ==========         ==========
</TABLE>

                                       8
<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.
                                  June 30, 2005

     NOTE 1 - BASIS OF PRESENTATION

     The accompanying unaudited financial statements have been prepared in
     accordance with generally accepted accounting principles for interim
     financial information and pursuant to the rules and regulations of the
     Securities and Exchange Commission ("SEC"). The accompanying financial
     statements for the interim periods are unaudited and reflect all
     adjustments (consisting only of normal recurring adjustments) which are, in
     the opinion of management, necessary for a fair presentation of the
     financial position and operating results for the periods presented. These
     financial statements should be read in conjunction with the Company's
     financial statements for the years ended December 31, 2003 and 2002 and
     notes thereto contained in the Company's Annual Report on Form 10-KSB for
     the year ended December 31, 2004 as filed with the SEC. The results of
     operations for the six months ended June 30, 2005 are not necessarily
     indicative of the results for the full fiscal year ending December 31,
     2005.

     NOTE 2 - OVERVIEW

     Technol Fuel Conditioners, Inc. ("Technol") was incorporated in New Jersey
     on January 4, 1991 as OTC, Inc. The name was changed on June 27, 2000.
     Technol is in the business of wholesaling, distributing and retailing oil
     additives.

                                       9
<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.
                                  June 30, 2005

     Effective January 2, 2002, Technol agreed to recapitalize with both
     Brazilian-Indio Services.com, Inc. "(BIS)" (an Oregon corporation) and USR
     Holdings Co. "(USRH)". At this date, Technol became a wholly-owned
     subsidiary of BIS and USRH was pun off to USRH's former majority
     shareholder. To accommodate this recapitalization, (a) 319,137 shares were
     redistributed from certain Technol shareholders to three new shareholders
     and accounted for as shares issued for services rendered in 2001 and valued
     at their estimated fair value of $.50 per share, (b) Technol's existing
     shareholders holding 1,185,600 shares were issued 11,260,000 shares in BIS
     and accounted for as a stock split, (c) former USRH shareholders were
     issued 1.408,470 shares in BIS, (d) existing BIS shareholders were reduced
     via a reverse stock split to 200,000 shares, (e) Technol Funding Group, an
     entity formed to accomplish this recapitalization was issued 6,553,530
     shares for services in connection with the recapitalization and (f) 253,000
     shares was issued under a private placement memorandum for $126,000 in cash
     contributed to Technol in 2001. Immediately after the merger, BIS's name
     was changed to Technol Fuel Conditioners, Inc. Because original BIS
     shareholders retained only a tiny fraction of the combined entity, the
     purchase was accounted for as a reverse merger.

     Hereinafter, all references to Technol refer to the original Technol entity
     with shares as issued from Technols' inception and including the
     recapitalization as described above.

     Estimates and assumptions that affect amounts reported are used by
     management to prepare these financial statements and accompanying footnotes
     in conformity with accounting principles generally accepted in the United
     State of America. Actual results could differ from those estimates.

     NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Use of estimates

     The preparation of financial statements in accordance 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, liabilities and disclosures at the date of the financial
     statements and during the reporting period. Accordingly, actual results
     could differ from those estimates.

     Cash and Cash Equivalents

     Technol considers all highly liquid investments with maturity of three
     months of less at the date of purchase to be cash equivalents include
     repurchase agreements collateralized by U.S. government securities and
     certificates of deposit.

     Revenue Recognition
     -------------------

     Technol recognizes revenue when persuasive evidence of an arrangement
     exits, delivery has occurred, the sales price is fixed or determinable and
     collectibility is probable. Revenue is derived from sales of Technols' oil
     additive products and is recognized when the items are shipped.

                                       10
<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.
                                  June 30, 2005

     Allowance for doubtful accounts
     -------------------------------

     Bad debt expense is recognized based on management's estimate of likely
     losses per year, based on past experience and an estimate of current year
     uncollectible amounts. There was no allowance at June 30, 2005.

     Inventory
     ---------

     Inventory is stated at the lower of cost or market. Cost is determined by
     the first-in, first-out (FIFO) method. No allowance has been recorded as of
     June 30, 2005.

     Property and Equipment
     ----------------------

     Property and equipment are recorded at cost. Depreciation is recorded over
     estimated useful lives of the respective assets on a straight-line basis.

     Advertising costs
     -----------------

     Advertising costs are expensed as incurred. For the six months ended June
     30, 2005 and 2004, advertising costs aggregated approximately $8,862 and
     $6,547.

     Earnings (Loss) Per Share
     -------------------------

     Basic net income (loss) per common share is computed using the weighted
     average number of common shares outstanding during the periods. Diluted net
     income (loss) per share is computed using the weighted average number of
     common and dilutive common equivalent shares outstanding during the year.

     Income taxes
     ------------

     Technol recognizes deferred tax assets and liabilities based on differences
     between the financial reporting and tax bases of assets and liabilities
     using the enacted tax rates and laws that are expected to be in effect when
     the differences are expected to be recovered. Technol provides a valuation
     allowance for deterred tax assets for which it does not consider
     realization of such assets to be more likely than not.

     Basic and diluted loss per common share is calculated by dividing the net
     loss by the weighted average shares outstanding. There are no dilutive
     securities.

                                       11
<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.
                                  June 30, 2005

     Recent Accounting Pronouncements
     --------------------------------

     Technol does not expect the adoption of recently issued accounting
     pronouncements to have a significant impact on Technol's results of
     operations, financial position or cash flow.

     Other-Than-Temporary Impairment of Investments

     In March 2004, the EITF of the FASB reached a consensus on Issue No. 03-01,
     "The Meaning of Other-Than-Temporary Impairment and Its Application to
     Certain Investments" ("EITF 03-01"). EITF 03-01 addresses the meaning of
     other-than-temporary impairment and its application to debt and equity
     securities within the scope of SFAS No. 115, "Accounting for Certain
     Investments in Debt and Equity Securities" ("SFAS 115") and equity
     securities that are not subject to the scope of SFAS 115 and not accounted
     for under the equity method of accounting. As of December 31, 2004, the
     Company determined that EITF 03-01 had no impact on its consolidated
     financial statements.

     Contingently Convertible Instruments

     In September 2004, the EITF reached a consensus on Issue No. 04-08, "The
     Effect of Contingently Convertible Instruments on Diluted Earnings Per
     Share" ("EITF 04-08"), which is effective for reporting periods ending
     after December 15, 2004. EITF 04-08 requires companies to include shares
     issuable under convertible instruments in diluted earnings per share
     computations (if dilutive) regardless of whether the market price trigger
     (or other contingent feature) has been met. In addition, prior period
     earnings per share amounts presented for comparative purposes must be
     restated. EITF 04-08 did not impact earnings per share in 2004.

     Inventory Pricing

     In November 2004, the Financial Accounting Standards Board ("FASB") issued
     Statement of Financial Accounting Standard ("SFAS") No. 151, "Inventory
     Costs." The new statement amends Accounting Research Bulletin ("APB") No.
     43, Chapter 4, "Inventory Pricing," to clarify the accounting for abnormal
     amounts of idle facility expense, freight, handling costs, and wasted
     material. This statement requires that those items be recognized as
     current-period charges and requires that allocation of fixed production
     overheads to the cost of conversion be based on the normal capacity of the
     production facilities. This statement is effective for fiscal years
     beginning after June 15, 2005. The Company does not expect adoption of this
     statement to have a material impact on its financial condition or results
     of operations.

                                       12
<PAGE>
                         TECHNOL FUEL CONDITIONERS, INC.
                                  June 30, 2005

     Share-Based Payment

     In December 2004, the FASB issued a revision of SFAS 123 ("SFAS 123(R)")
     that will require compensation costs related to share-based payment
     transactions to be recognized in the statement of operations. With limited
     exceptions, the amount of compensation cost will be measured based on the
     grant-date fair value of the equity or liability instruments issued. In
     addition, liability awards will be remeasured each reporting period.
     Compensation cost will be recognized over the period that an employee
     provides service in exchange for the award. SFAS 123(R) replaces SFAS 123
     and is effective as of the first interim period beginning after June 15,
     2005. Based on the number of shares and awards outstanding as of December
     31, 2004 (and without giving effect to any awards which may be granted in
     2005), we expect that the adoption of SFAS 123(R) will have no material
     impact to the financial statements.

     NOTE 4 - SUBSEQUENT EVENTS

     Pursuant to an Agreement and Plan of Acquisition dated as of April 10, 2005
     (the "Acquisition Agreement"), by and among Technol and Allied
     Syndications, Inc., a Texas corporation ("Allied"), Technol acquired Allied
     as a partially owned operating subsidiary of the Technol (the
     "Acquisition") pursuant to an Agreement and Plan of Acquisition between the
     Technol and Allied. The Acquisition was dated April 10, 2005 and will be
     effective upon filing the Articles of Share Acquisition in Colorado and
     Texas. If we are successful in executing our current plans, Allied will
     become a wholly owned subsidiary of Technol pursuant to the Acquisition and
     the completion of the "second step" of the Acquisition pertaining to the
     noncontrol blocks of Allied.

                                       13
<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

BACKGROUND

Technol Fuel Conditioners, Inc., a New Jersey based corporation, was established
in 1965 to manufacture, package, market and distribute unique and
technologically superior lubricants, fuel improvers, surfactants and detergents
to aid in the fight against environmental pollution. Today, Technol combines
established product lines to achieve this goal and is equipped to present
advanced lubrication, superior fuel stabilizers and detergents for today's
automotive aftermarket, gas and diesel engines, equipment and heavy industrial
machinery.

On March 6, 2000, at a meeting of the Directors, key employees and shareholders,
it was unanimously agreed to alter the company's name. The name "Technol" was
trademarked with the United State Office of Patents and Trademarks in 1991 and
has been owned by Technol every since. The name "OTC," representing "Oil
Technology Corporation," used by the previous ownership was abbreviated and been
adopted by Technol under the new ownership. It was agreed at the aforementioned
meeting that the company name should indicate its product or service. As such,
the company officially changed its name to "Technol Fuel Conditioners, Inc."
which became effective on June15, 2000. As the owner and manufacturer of
environmentally-friendly fuel treatments and conditioners, Technol Fuel
Conditioners, Inc.'s products are specifically designed to reduce emissions, and
lower maintenance and fuel costs. Technol has been focused on improving fuel
quality, and thereby, the performance, handling, and economics of fuel products,
and to aid in regulatory compliance with the requirements of the Environmental
Protection Agency (EPA), the Occupational Safety & Hazards Administration (OSHA)
and the Bureau of Mines. We are a small company with only limited operations.

MANAGEMENT DISCUSSION AND ANALYSIS OF OPERATIONS

Second Quarter ending June 30, 2005 versus Second Quarter ending June 30, 2004

During the second quarter ending June 30, 2005 (the "Second Quarter 2005"), we
recorded Revenues of $10,,095 compared to Revenues of $35,173 recorded during
the second quarter ending June 30, 2004 (the "Second Quarter 2004"). The decline
resulted primarily from reduced efforts by management to market and sell our
products.

Cost of Sales during the Second Quarter 2005 were $8,376 which resulted in a
Gross Margin of $1,719 or about 17% compared to Cost of Sales of $18,224 on
Revenues of $35,173 during the Second Quarter 2004 or a Gross Margin of $16,949
or about 48%. The decline in our Gross Margin resulted primarily from our
reduced operating level and lower sales volumes we had during the Second Quarter
2005 compared to Second Quarter 2004.

By comparison, our Selling, general, and administrative expenses during the
Second Quarter 2005 were $62,202 which represented a decrease of about 41.31%
from Selling, general, and administrative costs of $105,977 incurred during the
Second Quarter 2004. The decrease in Selling, general and administrative costs
during the Second Quarter 2005 was due primarily to the lower level of
administrative activity during that period.

                                       14
<PAGE>

As a result, we incurred a Loss from Operations of $60,483 during the Second
Quarter 2005 compared to a Loss from Operations of $89,028 during the Second
Quarter 2004. We also had Interest expense (net) of ($4,727) during the Second
Quarter 2005 compared to no Interest expense (net) during the Second Quarter
2004. The level of Interest expense (net) reflected the excess of interest
earned over the interest expenses paid during each of these periods.

All of these factors resulted in a Net Loss of $65,210 during the Second Quarter
2005 compared to a Net Loss of $89,028 for the Second Quarter 2004. During both
periods we had an aggregate of 19,675,000 shares outstanding which produced a
Basic and diluted loss per common share of $(0.00) during the Second Quarter
2005 compared to a Basic and diluted loss per common share of $(0.01) during the
Second Quarter 2004.

First Six Months of 2005 ending June 30, 2005 versus First Six Months of 2004
ending June 30, 2004

During the first six months ending June 30, 2005 (the "First Half of 2005"), we
recorded Revenues of $53,668 compared to Revenues recorded during the first six
months ending June 30, 2004 (the "First Half of 2004") when we recorded $142,176
in Revenues. The decline in Revenues from 2004 to 2005 of $88,508 was due
primarily to reduced marketing, administrative, and other efforts by our
management as our inventories of available product dwindled to minimum levels.

During the First Half of 2005, our Cost of Sales was $33,066 which compares to
Cost of Sales of $58,407 for the First Half of 2004. The decreased Cost of Sales
in the First Half of 2005 compared to the First Half of 2004 resulted in a
significant decrease in our Gross Margin (from almost 59% in the First Half of
2004 to about 38% in the First Half of 2005). The decline in Gross Margin was
primarily due to a lower volume of sales and our efforts to liquidate inventory.

In contrast, we experienced a significant increase in our Selling, general and
administrative expenses during the First Half of 2005 as these expenses
increased to $159,660 from $94,549 in Selling, general, and administrative
expenses recorded during the First Half 2004. This increase of about 69% was due
in large part to additional selling and administrative expenses we incurred in
marketing our products and our limited ability to pass these additional expenses
on to our customers.

We incurred a Loss from Operations of $139,058 during the First Half of 2005
compared to a Loss from Operations of $10,780 during the First Half of 2004. The
increase in the Loss of about 1,189% was due primarily to: (a) a decline in our
Gross Margin of about 75% during the First Half of 2005; and (b) an increase in
our Selling, general, and administrative expenses of about 69% during the First
Half of 2005. Our Interest expense (net) of ($9,454) during the First Half of
2005 was a decline from ($23,293) recorded as Interest expense (net) during the
First Half of 2004. The decline was due primarily to lower overall levels of
interest income compared to interest expenses on borrowed funds during the First
Half of 2005.

For these reasons we incurred a Net Loss of $148,512 during the First Half of
2005 compared to a Net Loss of $34,073 during the First Half of 2004 with Basic

                                       15
<PAGE>

and diluted loss per common share of $(0.01) during both periods as the weighted
average number of shares remained also remained constant at 19,675,000 during
both periods.

CAPITAL RESOURCES AND LIQUIDITY

The Company has no real liquidity and no apparent source of significant
financing. On a going-forward basis, the Company anticipates that it will need
between $15,000 to $20,000 or more annually merely to maintain the Company's
existence and to pay the expenses and costs that it incurs to ensure that the
Company can remain a corporate enterprise with all of the attendant
responsibilities, filings, and associated documentation. For these and other
reasons, the Company's management recognizes adverse difficulties and challenges
it faces. There can be no assurance that the Company will receive any financing
or funding from any source or if any financing should be obtained, that existing
shareholders will not incur substantial, immediate, and permanent dilution of
their existing investment.

Further, there can be no assurance that the Company will be successful in
obtaining any additional financing, or if the Company receives any additional
financing, that any such financing can be obtained on terms that may be deemed
reasonable given the Company's current financial condition.

ITEM 2A. FACTORS THAT MAY AFFECT FUTURE RESULTS

The Company's business organization and existing debt and obligations on its
balance sheet all involve elements of substantial risk. In many instances, these
risks arise from factors over which the Company will have little or no control.
Some adverse events may be more likely than others and the consequence of some
adverse events may be greater than others. No attempt has been made to rank
risks in the order of their likelihood or potential harm. In addition to those
general risks enumerated elsewhere, any purchaser of the Company's Common Stock
should also consider the following factors. The Company's business organization
and existing debt and obligations on its balance sheet all involve elements of
substantial risk. In this context, these risks arise from factors over which the
Company will have little or no control. Some adverse events may be more likely
than others and the consequence of some adverse events may be greater than
others. No attempt has been made to rank risks in the order of their likelihood
or potential harm. In addition to those general risks enumerated elsewhere, any
purchaser of the Company's Common Stock should also consider the following
factors.

1. CONTINUED OPERATING LOSSES. We incurred significant losses during the twelve
months ending December 31, 2004. We cannot assure that our operations will be
successful or that we will be profitable in the future.

2. LIMITED ASSETS, BUSINESS, OPERATIONS & EXTRAORDINARY UNCERTAINTIES. The
Company has only limited assets, business and operations and there can be no
assurance that the Company will regain or acquire any new assets in the future.
While the Company may later search for other ventures, the ability of the
Company to undertake any such future venture will likely be severely limited and
there can be no assurance that the Company will ever acquire any other business
venture or if such a venture is acquired, that any such venture can be acquired
on any reasonable terms in light of the Company's current financial
circumstances.

                                       16
<PAGE>

3. LIMITED BUSINESS, LIMITED EQUITY, & NEED FOR ADDITIONAL FINANCING. The
Company has only limited business, limited equity, and limited operations. If
the Company is to develop or acquire any new business, the Company will need to
obtain significant additional equity or debt financing on reasonable terms.
There can be no guarantee that the Company will be successful in obtaining any
such financing or if it is obtained, that stockholders will not lose all of
their investment. Further, given our small size and the comparatively greater
managerial, financial, and marketing resources of our competitors, we face
continuing competitive pressures which will likely continue to adversely impact
our ability to remain as a viable business entity.

4. SUBORDINATE TO EXISTING AND FUTURE DEBT & AUTHORIZED BUT UNISSUED PREFERRED
STOCK. All of the Common Stock is subordinate to the claims of the Company's
existing and future creditors and any future holders of the Company's preferred
stock. The Company is authorized to issue shares of the Company's preferred
stock.

5. LIMITED DUE DILIGENCE AND EVALUATION OF ALLIED SYNDICATIONS, INC. We have
entered into agreements to purchase a majority interest in Allied Syndications,
Inc. While we believe the acquisition of Allied is prudent and we have no basis
to believe that it will not provide a basis for potential growth of our company,
we have undertaken this transaction on the basis of limited due diligence, given
our limited financial resources to conduct a more exhaustive review and inquiry
into the affairs of Allied, its business, financial condition, and future
prospects. On this basis, we cannot assure you that a more thorough evaluation
of Allied, its business, affairs, and financial condition would not reveal a far
less promising prospect for us.. As a result, there can be no guarantee that the
acquisition will be successful if it is completed or that we will not incur
additional losses in the future even if we do complete the acquisition of
Allied, as currently planned.

6. OTHER FACTORS CITED IN FORM 10-KSB AS PREVIOUSLY FILED. The Company faces
many risks and uncertainties. These also include those risks and uncertainties
recited in the Company's most recent Form 10-KSB. Any investor who purchases the
Company's Common Stock should be prepared to lose their entire investment.

ITEM 3.  CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures.

The Company carried out an evaluation, under the supervision and with the
participation of the Company's management, including the Company's Chief
Executive and Chief Financial Officer, of the effectiveness of the design and
operation of the Company's disclosure controls and procedures pursuant to
Exchange Act Rule 13a-14. Based upon that evaluation, the Chief Executive and
Chief Financial Officer concluded that the Company's disclosure controls and
procedures are effective in timely alerting him to material information required
to be included in the Company's periodic SEC filings relating to the Company
(including its consolidated subsidiaries).

(b) Changes in Internal Controls.

There were no significant changes in the Company's internal controls or in other
factors that could significantly affect these internal controls subsequent to
the date of our most recent evaluation.

                                       17
<PAGE>
                                     PART II

ITEM 1.  LEGAL PROCEEDINGS

We are not aware of any material pending legal proceeding to which we are a
party or of which any of our property is the subject. We are not aware of our
Company's involvement in violations of Federal, State or local statutes or
ordinances with environmental protection.

ITEM 2.  CHANGES IN SECURITIES

During the quarter ended June 30, 2005, there were no changes in securities.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

During the quarter ended June 30, 2005 there were no defaults upon senior
securities.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

During the quarter ended June 30, 2005, there were no matters submitted to a
vote of the Company's shareholders.

ITEM 5.  OTHER INFORMATION

None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

a)       Exhibits

Exhibit 31.1 Certification
Exhibit 31.2 Certification
Exhibit 32.1 Certification
Exhibit 32.2 Certification

b)       Reports

No other Reports were filed by the Company during the three months ending June
30, 2004.

                                       18
<PAGE>
                                   SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                                        TECHNOL FUEL CONDITIONERS, INC.

DATE: March 14, 2006                    By: /s/ Shane Polson
                                                --------------------
                                                Shane Polson
                                                President,
                                                Acting Chief Operating Officer,
                                                Treasurer, and Chairman

                                       19