================================================================================

                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 SEPTEMBER 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 September 30, 2005 is 19,675,000.

================================================================================

<PAGE>


                         TECHNOL FUEL CONDITIONERS, INC.

                                TABLE OF CONTENTS
                                -----------------

                                                                            PAGE
PART I - FINANCIAL INFORMATION

    ITEM 1.  FINANCIAL STATEMENTS
             CONDENSED BALANCE SHEETS......................................... 1
             CONDENSED STATEMENTS OF OPERATIONS
                   FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2005
                   AND THREE MONTHS ENDED SEPTEMBER 30, 2004.................. 2
             CONDENSED STATEMENTS OF OPERATIONS FOR THE NINE
                  MONTHS ENDED SEPTEMBER 30, 2005 (UNAUDITED) AND
                  FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2004
             STATEMENTS OF CASH FLOWS (UNAUDITED)
                   FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2005 AND 2004...... 4
             NOTES TO FINANCIAL STATEMENTS ................................... 5


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR
                  PLAN OF OPERATION........................................... 9

ITEM 2A.  FACTORS THAT MAY AFFECT FUTURE RESULTS..............................12

ITEM 3.   CONTROLS AND PROCEDURES.............................................13


PART II


ITEM 1.  LEGAL PROCEEDINGS....................................................14

ITEM 2.  UNREGISTERED ASALES OF EQUITY SECURITIES
         AND USE OF PROCEEDS..................................................14

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES......................................14

ITEM 4.  SUBMISSION TO A VOTE OF SECURITY HOLDERS.............................14

ITEM 5   OTHER INFORMATION....................................................14

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K.....................................14

SIGNATURES....................................................................15


                                       ii
<PAGE>



                      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 PLANS, GOALS, COMPETITIVE AND TECHNOLOGY TRENDS, THE
PLANS FOR ALLIED SYNDICATIONS, INC. 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 FOR BOTH THE COMPANY AND ALLIED SYNDICATIONS, INC. 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 LIMITED DUE DILIGENCE CONDUCTED IN
CONNECTION WITH THE ACQUISITION OF A CONTROLLING INTEREST IN ALLIED
SYNDICATIONS, INC., 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









                                      iii

<PAGE>

                         PART I - FINANCIAL INFORMATION


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, 2005. 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, 2005. Accordingly, consolidated unaudited
interim financial statements, including a balance sheet for the Company as of
the fiscal quarter ended September 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 F-1 through F-5 and are incorporated herein by this reference.


                         TECHNOL FUEL CONDITIONERS, INC.
                         d/b/a ALLIED SYNDICATIONS, INC.
                                 BALANCE SHEETS



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

CURRENT ASSETS
      Cash and cash equivalents                      $   661,701    $ 1,054,468
      Investment in marketable securities                    500            500
      Notes receivable                                   103,116         86,092
                                                     -----------    -----------

                        Total current assets             765,317      1,141,060

PROPERTY AND EQUIPMENT, NET                              349,818        221,184

OTHER ASSETS
      Other Assets                                       675,385        639,386
      Lease acquisition-mineral rights                   162,131         66,705
      Deferred tax asset                                 844,229        268,610
                                                     -----------    -----------

                        Total other assets             1,681,745        974,701
                                                     -----------    -----------

TOTAL ASSETS                                         $ 2,796,880    $ 2,336,945
                                                     ===========    ===========


         LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES
      Accounts payable                               $    15,078    $    14,678
      Other accrued liabilities                           58,692         82,323
                                                     -----------    -----------

                        TOTAL CURRENT LIABILITIES         73,770         97,001
                                                     -----------    -----------


SHAREHOLDERS' EQUITY
      Common stock, no par value,
        10,000,000 shares issued,
        1,298,685 shares outstanding
      Additional paid-in capital                       4,489,452      3,142,860
      Accumulated deficit                             (1,766,342)      (902,916)
                                                     -----------    -----------

                        TOTAL SHAREHOLDERS' EQUITY     2,723,110      2,239,944
                                                     -----------    -----------

Total Liabilities & Shareholders' Equity             $ 2,796,880    $ 2,336,945
                                                     ===========    ===========



    The accompanying notes are an integral part of these financial statements

                                       1

<PAGE>


                         TECHNOL FUEL CONDITIONERS, INC.
                         d/b/a ALLIED SYNDICATIONS, INC.
                       CONDENSED STATEMENTS OF OPERATIONS
                    FOR THE THREE MONTHS ENDED SEPTEMBER 30,


<TABLE>
<CAPTION>
                                                               2005            2004
                                                           -----------     -----------
                                                           (Unaudited)
<S>                                                        <C>             <C>
REVENUES                                                   $   966,968     $ 1,626,666

COST OF SALES                                                  566,416         783,793
                                                           -----------     -----------

GROSS MARGIN                                                   400,552         842,873


Selling, general and administrative                            489,499         258,287

  Income (loss) from operations                                (88,947)        584,586

  Depreciation expense                                               0               0
                                                           -----------     -----------

Net income (loss) before income taxes                          (88,947)        584,586

(Provision for) benefit from income taxes                       35,579         (34,766)
                                                           -----------     -----------

Net income (loss)                                          $   (53,368)    $   549,820
                                                           ===========     ===========


EARNINGS (LOSS)  PER SHARE - Basic and diluted             $     (0.03)    $      0.70
                                                           ===========     ===========

Weighted average shares outstanding - basic and diluted      1,710,195         788,360
                                                           ===========     ===========
</TABLE>


    The accompanying notes are an integral part of these financial statements

                                       2


<PAGE>


                         TECHNOL FUEL CONDITIONERS, INC.
                         d/b/a ALLIED SYNDICATIONS, INC.
                       CONDENSED STATEMENTS OF OPERATIONS
                     FOR THE NINE MONTHS ENDED SEPTEMBER 30,

<TABLE>
<CAPTION>
                                                               2005            2004
                                                           -----------     -----------
                                                           (Unaudited)
<S>                                                        <C>             <C>
REVENUES                                                   $ 1,976,671     $ 3,106,690

COST OF SALES                                                2,105,386       1,956,176
                                                           -----------     -----------

GROSS MARGIN                                                  (128,715)      1,150,514


Selling, general and administrative                          1,310,330       1,558,968

  Income (loss) from operations                             (1,439,045)       (408,454)

  Depreciation expense                                               0               0
                                                           -----------     -----------

Net income (loss) before income taxes                       (1,439,045)       (408,454)

Benefit from income taxes                                      575,619              --
                                                           -----------     -----------

Net loss                                                   $  (863,426)    $  (408,454)
                                                           ===========     ===========


EARNINGS (LOSS)  PER SHARE - Basic and diluted             $     (0.50)    $     (0.52)
                                                           ===========     ===========

Weighted average shares outstanding - basic and diluted      1,710,495         788,360
                                                           ===========     ===========
</TABLE>


    The accompanying notes are an integral part of these financial statements

                                       3

<PAGE>


                         TECHNOL FUEL CONDITIONERS, INC.
                         d/b/a ALLIED SYNDICATIONS, INC.
                            STATEMENTS OF CASH FLOWS
                     For the nine months ended September 30,

<TABLE>
<CAPTION>
                                                           2005            2004
                                                       -----------     -----------
                                                       (Unaudited)
<S>                                                    <C>             <C>
Cash Flows from Operating Activities:
Net income (loss)                                      $  (863,426)    $  (408,454)
Adjustments to reconcile net income to net cash
     provided by (used in) operating activities:
Benefit from income taxes                                 (575,619)             --
Changes in operating assets and liabilities:
 Notes receivable                                          (17,024)        (40,403)
 Other assets                                             (131,425)       (385,500)
 Accounts payable and accrued expenses                     (23,231)         46,113
                                                       -----------     -----------

Net cash provided by (used in) operating activities     (1,610,725)       (788,244)
                                                       -----------     -----------

Cash Flows from Investing Activities:
Purchases of property and equipment                       (128,634)       (121,117)
Purchases of marketable securities                              --              --
                                                       -----------     -----------

Net cash used in investing activities                     (128,634)       (121,117)
                                                       -----------     -----------

Cash Flows from Financing Activities:
  Procceds from sales of common stock                    1,346,592       1,617,902
  Capital acquisition costs                                     --              --
                                                       -----------     -----------

Net cash provided by financing activities                1,346,592       1,617,902
                                                       -----------     -----------

Net increase in cash and cash equivalents                 (392,767)        708,541

Cash and cash equivalents, beginning of year             1,054,468          60,595
                                                       -----------     -----------

Cash and cash equivalents, end of year                 $   661,701     $   769,136
                                                       ===========     ===========

</TABLE>

    The accompanying notes are an integral part of these financial statements

                                       4

<PAGE>


                         TECHNOL FUEL CONDITIONERS, INC.
                          NOTES TO FINANCIAL STATEMENTS


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, 2004 and
2003 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 nine months ended September 30, 2005 are not necessarily
indicative of the results for the full fiscal year ending December 31, 2005.

NOTE 2 - SUMMARY OF ACCOUNTING POLICIES

Organization - Technol Fuel Conditioners, Inc. (Technol) was incorporated in
Colorado as Interactive Golf Marketing, Inc. on March 6, 1998. Through a share
exchange, the Company acquired Technol Fuel Conditioners, Inc. of New Jersey
(Technol N.J.) Pursuant to an Agreement and Plan of Acquisition dated April 10,
2005 (Acquisition Agreement), between the Company and Allied Syndications, Inc.
(Allied), the majority ownership of Allied was acquired through an exchange of
shares. Upon completion of this transaction, the assets and all related debt of
Technol NJ were sold to former management. The Company was released from all
obligations and claims related to these assets. Allied is a partially owned
subsidiary of the Company, and the Company intends to complete the acqusition of
the balance of the Allied shares, subsequent to a shareholders meeting of the
Company. Technol Fuel Conditioners, Inc. proposes to change its name to Allied
Energy Group, Inc. among other things at the shareholders meeting.

Allied was incorporated in Texas on June 3, 2003 to provide oil and gas services
to investors. The Company is primarily an independent exploration and production
company that focuses on the acquisition, development and marketing of natural
gas from reserves in Texas and Colorado. Their principal business includes the
acquisition of natural gas and oil properties with proven reserves, the drilling
and development of exploratory wells and the management of partnerships created
to acquire and explore these reserves.

The resulting entity is Technol Fuel Conditioners, Inc. d/b/a Allied
Syndications, Inc. (Company). Allied was incorporated in Texas on June 3, 2003
to provide oil and gas services to investors. The Company is primarily an
independent exploration and production company that focuses on the acquisition,
development and marketing of natural gas from reserves in Texas and Colorado.
Their principal business includes the acquisition of natural gas and oil
properties with proven reserves, the drilling and development of exploratory
wells and the management of partnerships created to acquire and explore these
reserves.

Basis of Accounting - The Company follows the successful efforts method of
accounting for its oil and gas activities. Accordingly, property acquisition
costs, development costs and the cost of support equipment and facilities are
capitalized

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, liabilities, revenues and expenses, as well as certain
financial statement disclosures. While management believes that the estimates
and assumptions used in the preparation of the financial statements are
appropriate, actual results could differ from these estimates.

                                       5
<PAGE>

Accounting Treatment for Costs Incurred - The Company follows the successful
efforts method of accounting for its oil and gas activities. Accordingly,
property acquisition costs, development costs and the cost of support equipment
and facilities are capitalized. Drilling costs for exploratory wells are also
capitalized pending determination of proved reserves but must be charged to
expense if no proved reserves are found within one year after completion of
drilling. The Company has not found proved reserves for all exploratory wells
drilled during the years presented in the financial statements within one year
after completion of drilling and therefore has expensed any explanatory drilling
costs for those wells. Other exploration costs, including geological and
geophysical expenses, leasehold expiration costs and delay rentals, are charged
to expense as incurred.

Revenue Recognition - The Company recognizes revenue on drilling contracts when
Allied has the contractual right to receive the revenue.

Cash and cash equivalents - Highly liquid investments with original maturities
of three months or less are considered cash equivalents.

Investments - Investments include marketable securities, which are classified as
trading securities in accordance with the provisions of Statement of Financial
Accounting Standards No. 115 "Accounting for Certain Investments and Equity
Securities" (SFAS 115). The fair value of these securities is determined by
currently available market prices. Unrealized losses on trading securities are
reported in investment expense.

Property and equipment, net - Property and equipment are recorded at cost, net
of accumulated depreciation. Depreciation is recorded using the amounts
recognized for federal income tax purposes.

Concentration of credit risk - Financial instruments that potentially subject
the Company to concentrations of credit risk consist principally of cash
investments. Allied maintains cash balances with two banks whose balances
insured by the Federal Deposit Insurance Corporation (FDIC) up to $100,000. The
balance at the financial institutions over the FDIC insured limit is
approximately $630,000 and $950,000 at September 30, 2005 and 2004.

Impairment of Long Lived Assets and Long Lived Assets to be Disposed Of - In
August 2001, the Financial Accounting Standards Board ("FASB") issued Statement
of Financial Accounting Standards ("SFAS") No. 144 "Accounting for the
Impairment of Disposal of Long-Lived Assets" which supersedes both SFAS No. 121
"Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to
be Disposed Of" and the accounting and reporting provisions of Accounting
Practice Bulletin ("APB") Opinion No. 30, "Reporting the Results of Operations -
Reporting the Effects of Disposals of a Segment of a Business and Extraordinary,
Unusual, Infrequently Occurring Events and Transactions," for the disposals of a
segment of a business (as previously defined in that opinion).

Impairment losses will be recorded on long-lived assets used in operations when
indicators of impairment are present and the undiscounted cash flows estimated
to be generated by those assets are less than the assets' carrying amount. No
impairment losses have been recorded since inception.

Advertising costs - Advertising costs are charged to expense during the period
in which they are incurred. Advertising expenses for the nine months ended
September 30, 2005 and 2004 approximated $60,000 and $76,000, respectively.

                                       6
<PAGE>

Income Taxes - The Company uses the assets and liability method of accounting
for income taxes as required by Statement of Financial Accounting Standards
("SFAS") No. 109, Accounting for Income Taxes. SFAS No. 19 requires the
recognition of deferred tax assets and liabilities for the expected future tax
consequences of temporary differences between the carrying amounts and the tax
basis of certain assets and liabilities. Deferred income taxes are measured by
the current enacted tax rates. Deferred tax expense (benefit) is the result of
changes in the deferred tax assets and liability. Valuation allowances are used
to reduce deferred tax assets to the amount considered likely to be realized.

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

Recent Accounting Pronouncements -

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.


                                       7
<PAGE>


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 3 - INCOME TAXES

The provision (benefit) for income taxes from continued operations for the nine
months ended September 30, 2005 and 2004 are as follows:


                                                        2005            2004
                                                    -----------     -----------
        Current:
            Federal                                 $(1,419,847)    $  (163,381)
            State                                            --              --
                                                    -----------     -----------
                                                     (1,419,847)       (163,381)
        Benefit from increase in
                 valuation allowance                         --              --

        Benefits of operating loss carryforwards        575,618         163,381
                                                    -----------     -----------
        Provision (benefit) from income taxes       $  (844,229)    $        --
                                                    ===========     ===========


Deferred income taxes result from temporary differences in the recognition of
income and expenses for financial reporting purposes and for tax purposes. The
tax effect of these temporary differences representing deferred tax assets and
liabilities result principally from the following:

                                                      2005            2004
                                                  -----------     ------------
        Net operating loss-carryforwards
           expiring after the year 2023           $ 2,610,572     $  1,579,979
        Depreciation and amortization                      --               --
        Other                                              --               --
                                                  -----------     ------------
                 Deferred income tax asset        $ 2,610,572     $  1,579,979

The net deferred tax assets and liabilities, net of the 40% tax effect, are
comprised of the following:

                                                      2005             2004
                                                  -----------     ------------
        Deferred tax assets
                 Current                                   --               --
                 Non-current                      $ 1,044,229     $    631.992

        Less valuation allowance                     (200,000)        (631.992)
                                                  -----------     ------------
                 Net deferred income tax asset    $   844,229     $         --
                                                  ===========     ============

                                       8

<PAGE>


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

  As used herein, we may use words such as "Technol Fuel Conditioners, Inc.,"
"Company," "us" or "we." When we use those terms, unless the context otherwise
requires, we mean Technol Fuel Conditioners, Inc, a Colorado corporation, on a
consolidated basis.

BACKGROUND

         Technol Fuel Conditioners, Inc., a New Jersey based corporation
incorporated in Colorado, 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.

         Historically, we sought to combine established product lines to achieve
this goal and we sought to market and sell 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. 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 a
result, we changed our name to "Technol Fuel Conditioners, Inc." which became
effective on September 15, 2000. All of our products were marketed and sold
through our wholly-owned subsidiary, Technol Fuel Conditioners, Inc., a New
Jersey corporation.

         During this period, we owned and manufactured environmentally-friendly
fuel treatments and conditioners and our products are specifically designed to
reduce emissions, and lower maintenance and fuel costs. We were focused on
offering products that offered improved fuel quality, and thereby, the
performance, handling, and economics of fuel products. In addition, our products
were designed 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.

ACQUISITION OF  CONTROLLING INTEREST IN ALLIED SYNDICATIONS, INC.

        On April 10, 2005, we entered into the Agreement and Plan of Acquisition
(the "Acquisition Agreement"), whereby we acquired a controlling interest (the
"Acquisition") in Allied Syndications, Inc., a Texas corporation. The
transaction was negotiated between the officers and directors of our company and
the officers, directors, and controlling stockholders of Allied Syndications,
Inc. ("Allied"). The Acquisition resulted in Allied becoming a partially owned
operating subsidiary of our company.

        While the transaction was entered into on April 10, 2005, it did not
become effective until June 30, 2005 - the date at which the filings of the
Articles of Share Acquisition was made in Colorado and Texas. Following the
close of the Acquisition, we completed a divestiture of Technol Fuel
Conditioners, Inc., a New Jersey corporation ("Technol-New Jersey). The
divestiture was structured so that all of the assets and liabilities of
Technol-New Jersey were assumed by the purchasers of Technol-New Jersey with the
result that we would not hold any remaining material assets of Technol-New
Jersey or have material debts or liabilities arising out of that business. The
divestiture was undertaken after a review by our Board of Directors and also
included assessments completed to assist the Board in making appropriate
determinations.

                                       9
<PAGE>

         As currently planned, we anticipate undertaking further efforts to
acquire the remaining stock of Allied that we do not currently own so as to make
Allied a wholly owned subsidiary of our company. We plan to acquire these
remaining shares and complete the "second step" of the Acquisition as soon as is
practicable. Our success in acquiring the remaining outstanding capital stock of
Allied cannot be assured but we plan to undertake appropriate steps to acquire
the remaining shares of Allied Syndications, Inc. consistent with our
obligations under the corporate code provisions and our obligations under state
and federal securities laws.

         Allied is a small company based in Bowling Green, Kentucky. Allied is
focused on the oil and gas business and is the general partner in certain
limited partnerships focused on exploration and development of properties that
its management believes may hold oil and gas development potential. With our
limited resources, we completed a due diligence review of Allied prior to the
acquisition of the controlling interest and we are looking to the management of
Allied to provide leadership to our company in coming years.

ITEM 2.  MANAGEMENT DISCUSSION AND ANALYSIS

FIRST NINE MONTHS OF 2005 ENDING SEPTEMBER 30, 2005 VERSUS FIRST NINE MONTHS OF
2004 ENDING SEPTEMBER 30, 2004

During the first nine months of 2005 ending September 30, 2005 (the "First Nine
Months 2005"), we had Revenues of $1,976,671 compared to Revenues of $3,106,690
for the first nine months of 2004 ending September 30, 2004 (the "First Nine
Months 2004"). The decrease of $1,130,019 in Revenues during the First Nine
Months of 2005 represented a decrease of about 36% and reflected the reduced
operating environment we experienced in the First Nine Months 2005 compared to
the year earlier period.

The decrease in Revenues was also accompanied by an increase in Cost of Sales as
Cost of Sales during the First Nine Months 2005 increased to $2,105,386 which
resulted in a negative Gross Margin of about 6.51% as we recorded a negative
Gross Margin of ($128,715) during this period. That compares to the First Nine
Months 2004 when we incurred Cost of Sales of $1,956,176 which resulted in a
Gross Margin of about 37% as we recorded a Gross Margin of $1,150,514. The
decline in Gross Margin from the First Nine Months 2004 to the First Nine Months
2005 was due primarily to changes in our product mix from 2004 to 2005 together
with increasing pricing pressures.

Along with the deterioration in our Gross Margin in the First Nine Months of
2005, our Selling, general, and administrative expenses increased to $1,310,330
during the First Nine Months 2005 as these expenses decreased by nearly 16% over
the $1,558,968 in Selling, general, and administrative expenses incurred during
the First Nine Months of 2004. We also booked a loss of $1,439,045 as a loss
from operations during that period. By comparison, we had a loss from operations
of $408,454 during the First Nine Months of 2004.

As a result, we incurred a Net Loss of $863,426 during the First Nine Months of
2005 compared to a Net Loss of $408,454 during the First Nine Months 2004. Our
Basic and diluted Loss Per Share was ($0.50) during the First Nine Months of
2005 compared to a Loss Per Share of $.52 during the First Nine Months of 2004.
We had 1,710,495 weighted average shares outstanding (basic and diluted) during
the First Nine Months of 2005 compared to a weighted average of 788,360 shares
outstanding (basic and diluted).

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THREE MONTHS ENDING SEPTEMBER 30, 2005 VERSUS THREE MONTHS ENDING SEPTEMBER 30,
2004

For the three months ending September 30, 2005 (the "Third Quarter 2005"), we
recorded Revenues of $966,968 compared to Revenues of $1,626,666 recorded during
the three months ending September 30, 2004 (the "Third Quarter 2004").

Our Cost of Sales for the Third Quarter 2005 was $566,416 which resulted in a
Gross Margin of $400,552 or about 41% during that period. This compares to a
Cost of Sales of $783,793 incurred during the Third Quarter 2004 which resulted
in a Gross Margin of $842,873 or about 52% during the Third Quarter 2004. The
decrease in our Gross Margin from Third Quarter 2004 to Third Quarter 2005 was
largely due to changes in our product mix as we sold lower margin products
during the Third Quarter 2005 compared to the Third Quarter 2004 and we also had
more pricing pressures during the Third Quarter 2005 as well.

With a lower Gross Margin, we also incurred greater Selling, general, and
administrative expenses during the Third Quarter 2005 as these expenses were
$489,499 compared to only $258,287 in Selling general and administrative
expenses recorded during the Third Quarter 2004. The increase of over 89% from
the amount of Selling, general and administrative expenses recorded in the Third
Quarter 2004 to the 2005 period resulted primarily from increased management
salaries, legal and accounting fees, marketing expenses, and related costs that
we incurred. The Third Quarter 2005 was also the first full quarter that
reflected our acquisition of a controlling interest in Allied Syndications, Inc.

Our Loss from Operations for the Third Quarter 2005 was $88,947 compared to
Income from Operations of $584,586 incurred during the Third Quarter 2004. As a
result our Net Loss was $53,368 during the Third Quarter 2005 which resulted in
a Basic and diluted loss per common share of ($0.03) during that period. This
compares to a Net Income of $549,820 incurred during the Third Quarter 2004
which resulted in a Basic and diluted income per common share of $0.70. We had a
weighted average of 1,710,195 shares outstanding (basic and diluted) during the
Third Quarter 2005 compared to a weighted average of 788,360 shares outstanding
(basic and diluted) during the Third Quarter 2004.

CAPITAL RESOURCES AND LIQUIDITY

We completed our acquisition of a majority interest in Allied Syndications, Inc.
on June 30, 2005. The acquisition was negotiated and, following this
transaction, we divested our interest in our subsidiary, Technol Fuel
Conditioners, Inc., a New Jersey corporation. As a result, our operations and
assets are primarily those of Allied Syndications, Inc.

With the closing of the acquisition of a majority interest in Allied
Syndications, Inc., we anticipate that we will continue to focus our business on
the strategies and plans adopted by Allied Syndications, Inc. In that respect
and given the losses incurred by us on a consolidated basis, we are looking to
obtain additional financing that will serve to enhance our overall level of
liquidity. We have had some discussions with sources of financing which, given
the acquisition of a controlling interest in Allied, may hold more potential
than any discussions we could have had before the closing of the transaction
with Allied. However, we have not received any commitments from any underwriter,
broker-dealer, or other financing sources that would give us definitive
assurance that additional capital will be available to us or, if it is
available, that it will become available on reasonable terms in light of our
current circumstances. As a result, we cannot assure you that our purchase of
Allied Syndications, Inc. will be successful, that we will become profitable in
the future or that we can successfully reduce our losses and gain the necessary
liquidity which will allow us to strengthen our financial condition.

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<PAGE>

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.

ITEM 2A.  FACTORS THAT MAY AFFECT FUTURE RESULTS

Our business organization and existing debt and obligations on our balance sheet
all involve elements of substantial risk. In many instances, these risks arise
from factors over which we 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 our Common Stock should also consider the
following factors. In this context, these risks arise from factors over which we
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 our Common Stock should also consider the following factors.

1. CONTINUED OPERATING LOSSES. We incurred significant losses during the twelve
months ending December 31, 2004. Additionally, we continued to incur further
losses during the first nine months of 2005 and we have no certain prospect of
achieving profitability or positive cash flow. The size and magnitude of these
losses and our limited ability to fund these losses adds more risk. We cannot
assure you that our operations will be successful or that we will be profitable
in the future.

2. LIMITED DUE DILIGENCE AND EVALUATION OF ALLIED SYNDICATIONS, INC. We
completed the purchase of a controlling interest in Allied Syndications, Inc., a
Bowling Green, Kentucky-based oil and gas company that we believe possesses
managerial and technical expertise to implement its business plan. We anticipate
undertaking the second step of a "two step" acquisition strategy in that we plan
to acquire all of the remaining common stock of Allied from the other
stockholders of Allied as soon as practicable to achieve our goal of making
Allied a wholly-owned subsidiary of the Company. The timing of this second step
has not yet been established. The acquisition of the controlling interest in
Allied was undertaken on the basis of our limited financial resources and the
limited assessments and evaluations that were conducted by our officers and
directors together with certain legal and accounting advisors that we retained.
We also considered other opportunities and the merits and risks of other
potential acquisitions. While we believe that we have an understanding of the
business, management, financial condition, and future prospects of Allied, we
cannot assure you that our due diligence was exhaustive, that we will not later
discover currently unknown contingent liabilities asserted against Allied, that
we will not later discover other problems or difficulties at Allied that we did
not fully appreciate prior to the date at which we acquired the controlling
interest at Allied. In the event of any later discovery of any such problems or
difficulties, we cannot predict the magnitude or extent of any financial costs
that we may incur. For these reasons, we will continue to face uncertainties in
the months and years ahead.

3. NEW BUSINESS, NEW MANAGEMENT, & UNCERTAINTIES. With the closing of the
acquisition of a controlling interest in Allied Syndications, Inc., we face all
of the uncertainties associated with the purchase of a new business and
undertaking a new business venture. We may face significant additional costs and
expenses in completing our efforts to acquire all of the remaining common stock
of Allied to implement our goal of making Allied a wholly-owned subsidiary and
we cannot assure you that we will be successful in these efforts. Further,
bringing aboard Allied's management team, integrating Allied's affairs and
systems with ours may also create difficulties and problems. As a result, we may

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<PAGE>

face additional costs and expenses far beyond those that we anticipated when we
negotiated the acquisition of the controlling interest in Allied.

4. SMALL COMPANY, LIMITED WORKING CAPITAL, LIMITED FINANCIAL RESOURCES, & NEED
FOR ADDITIONAL FINANCING. Even with our acquisition of the controlling interest
in Allied, we remain a small company with limited equity, limited working
capital, and limited financial resources. If we are to grow, we will need to
obtain significant additional equity or debt financing on reasonable terms.
There can be no guarantee that we 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.

5. 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.

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.


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                                     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 September 30, 2005, there were no changes in
securities.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

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

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

During the quarter ended September 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

a)       Exhibits


Exhibit No.     Description
----------      -------------------------------------------------------------
  31.1          Certification
  31.2          Certification
  32.1          Certification
  32.2          Certification

b)       Reports

No other Reports were filed by the Company during the three months ending
September 30, 2005.



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                                   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.

                                                 By: /s/ C. Shane Polson
                                                     --------------------------
                                                         C. Shane Polson
                                                         President

DATE: May 5, 2006












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