U. S. SECURITIES & EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                  FORM 10-QSB
        [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
                            AND EXCHANGE ACT OF 1934
                For the quarterly period ended September 30, 2005
                -------------------------------------------------

         [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE
                                  ACT OF 1934
                         Commission file Number 0-29711
                               SUBJEX CORPORATION
                      (Exact name of small business issuer)

                Minnesota                               41-1596056
       (State of incorporation)             IRS Employer Identification number



                5720 Smetana Dr, Suite 325, Minnetonka, MN 55343
                    (Address of principal executive offices)

                                 (952) 931-0501
                         (Registrant's telephone number)
     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  periods that the registrant was required to file such reports), and (2)
has  been  subject  to  such  filing  requirements  for  the  past  90  days.
YES [X] NO [ ]

There  were  46,977,954  shares  of common stock outstanding as of September 30,
2005.


<PAGE>
<TABLE>
<CAPTION>
SUBJEX CORPORATION INDEX

                                                                             PAGE NUMBER
<S>                                                                          <C>
PART I - FINANCIAL INFORMATION

     ITEM 1. FINANCIAL STATEMENTS

       Balance Sheets as of September 30, 2005 (unaudited)
       and December 31, 2004 (audited)                                            3

       Statements of Operations for the Three and Nine
       Months Ended September 30, 2005 and
       September 30, 2004 (unaudited)                                             4

       Statements of Cash Flows for the Nine
       Months Ended September 30, 2005 and
       September 30, 2004 (unaudited)                                             5

       Notes to the Financial Statements (unaudited)                              6


     ITEM 2. PLAN OF OPERATION                                                    8

     ITEM 3. CONTROLS AND PROCEDURES                                             10

PART II - OTHER INFORMATION

     ITEM 1. LEGAL PROCEEDINGS                                                   10

     ITEM 2. CHANGE IN SECURITIES AND USE OF PROCEEDS                            11

     ITEM 3. DEFAULTS UPON SENIOR SECURITIES                                     11

     ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                 11

     ITEM 5. CONTROLS AND PROCEDURES                                             11

     ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K                                   11

CERTIFICATION PURSUANT TO SECTION 06 OF THE SABANES-OXLEY ACT OF 2002

CERTIFICATIONS                                                                   12

SIGNATURES                                                                       14
</TABLE>


                                        2
<PAGE>
<TABLE>
<CAPTION>
                                 PART 1 - FINANCIAL INFORMATION

                                       SUBJEX CORPORATION
                                         BALANCE SHEETS


                                                             September 30    December 31,
                                                                 2005            2004

                                                              Unaudited        Audited
                                                            --------------  --------------
<S>                                                         <C>             <C>
                         ASSETS
                         ------
Current Assets:
  Cash                                                      $          42   $      62,952
  Accounts Receivable                                                 150
  Prepaid expenses                                                 31,166           2,000
                                                            --------------  --------------

    Total current assets                                           31,358          64,952

Fixed assets, net                                                  21,760          17,585
                                                            --------------  --------------


    Total assets                                            $      53,118   $      82,537
                                                            ==============  ==============


LIABILITIES AND STOCKHOLDERS' DEFICIT
-------------------------------------

Current Liabilities:
  Subordinated convertible notes payable                    $      23,000   $      22,800
  Accounts payable                                                 93,234          72,120
  Accrued expenses:
    Payroll and payroll taxes                                      84,138         116,503
    Other                                                          50,789          26,654
                                                            --------------  --------------

    Total current liabilities                                     251,161         238,077

Long-term debt:
  Notes payable                                                     2,484           3,474
                                                            --------------  --------------

    Total liabilities                                             253,645         241,551
                                                            --------------  --------------

Stockholders' deficit:
  Undesignated stock, no par or stated value;
    10,000,000 shares authorized: none issued
    or outstanding                                                      -               -
  Common stock, no par or stated value;
    50,000,000 shares authorized: 46,977,954 and
    42,558,096 shares issued and outstanding at
    September 30, 2005 and December 31, 2004, respectively      4,596,771       4,305,342

  Accumulated deficit                                          (4,797,298)     (4,464,356)
                                                            --------------  --------------

Stockholders' deficit                                            (200,527)       (159,014)
                                                            --------------  --------------


  Total liabilities and stockholders' deficit               $      53,118   $      82,537
                                                            ==============  ==============
</TABLE>


                                        3
<PAGE>
<TABLE>
<CAPTION>
                                                     SUBJEX CORPORTION
                                                 STATEMENTS OF OPERATIONS
                                                         Unaudited

                                                 Three Months Ended Sept 30,       Nine Months Ended September 30,
                                                   2005              2004             2005              2004
                                              --------------  ----------------  ----------------  ----------------
<S>                                           <C>             <C>               <C>               <C>
Revenues                                      $      18,575   $        11,041   $        59,792   $        24,144
                                              --------------  ----------------  ----------------  ----------------

Expenses:
  Selling, general and administrative               103,931           134,770           384,048           251,578
                                              --------------  ----------------  ----------------  ----------------

    Total operating expense                         103,931           134,770           384,048           251,578
                                              --------------  ----------------  ----------------  ----------------

    Operating loss                                  (85,356)         (123,729)         (324,256)         (227,434)

Other income (expense)

  Interest expense                                     (330)                -            (8,686)             (507)
                                              --------------  ----------------  ----------------  ----------------

Net loss                                      $     (85,686)  $      (123,729)  $      (332,942)  $      (227,941)
                                              ==============  ================  ================  ================

Net loss per basic and diluted common share   $      (0.002)  $        (0.003)  $        (0.007)  $        (0.006)
                                              ==============  ================  ================  ================

Weighted average common shares
  outstanding - basic and diluted                44,768,025        38,387,793        44,871,760        36,107,386
                                              ==============  ================  ================  ================
</TABLE>

      The accompanying notes are an integral part of these financial statements.


                                        4
<PAGE>
<TABLE>
<CAPTION>
                                        SUBJEX CORPORTION
                                     STATEMENTS OF CASH FLOWS
                                           Unaudited

                                                          Nine Months Ended September 30,
                                                              2005               2004
                                                       -----------------  ------------------
<S>                                                    <C>                <C>
Cash flow from operating activities:
  Net loss                                             $       (332,942)  $        (227,941)
  Adjustments to reconcile net loss to
    net cash from operating activities:
      Depreciation and amortization                              (6,129)              3,571
      Stock compensation expense                                                     19,700
      Non cash stock compensation expenses                       70,129              40,000
  Changes in operating assets and liabilities:
    Accounts receivable                                            (150)                300
    Prepaid expenses                                            (16,666)
    Accounts payable                                             21,114              (8,012)
    Payroll and payroll taxes payable                           (32,365)            (69,314)
    Other accrued expenses                                       24,135              (3,165)
                                                       -----------------  ------------------

Net cash used by operating activities                          (272,874)           (244,861)
                                                       -----------------  ------------------

Cash flow from investing activities:
  Purchase of property and equipment                            (10,546)             (9,572)
                                                       -----------------  ------------------

Net cash flows used in investing activities                     (10,546)             (9,572)
                                                       -----------------  ------------------


Cash flow from financing activities:
  Proceeds from issuance of capital stock                       221,300             251,723
  Proceeds from stock subscriptions                                 200
  Bank overdrafts                                                     -                  11
  (Payments) Proceeds from subordinated note payable                                   (200)
  Principal payments on long-term debt                             (990)               (854)
  Principal payments on note payable  - related party                 -
                                                       -----------------  ------------------

Net cash provided by financing activities                       220,510             250,680
                                                       -----------------  ------------------


Decrease in cash                                                (62,910)             (3,753)
Cash at beginning of period                                      62,952               3,753
                                                       -----------------  ------------------

Cash at end of period                                  $             42   $               -
                                                       =================  ==================
</TABLE>


      The accompanying notes are an integral part of these financial statements.


                                        5
<PAGE>
                  Notes to the Financial Statements (unaudited)



Note 1.  Basis of Presentation

The accompanying unaudited but reviewed condensed financial statements of Subjex
Corporation (the Company) have been prepared in accordance with generally
accepted accounting principles for interim financial information and with the
instructions to Item 310(b) of Regulation S-B. Accordingly, they do not include
all of the information and footnotes required by accounting principles generally
accepted in the United States of America for complete financial statements. All
adjustments which, in the opinion of management, are considered necessary for a
fair presentation of the results of operations for the periods shown are of a
normal reoccurring nature and have been reflected in the unaudited condensed
financial statements. There are no additional material subsequent events or
material contingencies that require disclosure. The results of operations for
the periods presented are not necessarily indicative of the results expected for
the full fiscal year or for any future period. The information included in these
unaudited condensed financial statements should be read in conjunction with Plan
of Operation contained in this report and with the financial statements and
accompanying notes included in the Annual Report on Form 10-KSB for the year
ended December 31, 2004.

Note 2.  Going Concern

The accompanying financial statements were prepared assuming that the Company
will continue as a going concern. This basis of accounting contemplates the
realization of assets and the satisfaction of its liabilities in the normal
course of operations. Since inception the Company has incurred losses of
approximately $4,797,298 and has a working capital deficit of $200,527 as of
September 30, 2005.  These issues raise substantial doubt about the Company's
ability to continue as a going concern.

The Company continues to seek debt financing to fund its working capital needs.
Failure of the Company to raise additional debt financing in the near future and
achieve profitable operations in the long-term could result in the Company being
unable to continue as a going concern.  No estimate can be made of the range of
loss that is reasonably possible should the Company be unsuccessful.

The financial statements do not include any adjustments to reflect the possible
future effects on the recoverability and classification of assets or the amounts
and classification of liabilities that may result from the inability of the
Company to continue as a going concern.

Note 3.  Payroll and Payroll Taxes

The company continues to make its payments to the IRS as agreed to in March
2004, with the IRS. This payment plan is related to employee payroll
withholdings and payroll taxes in which the Company did not pay from October 1,
2000 through June 30, 2003 which totaled approximately $88,000 at December 31,
2003.  This liability is included in accrued expenses - payroll and payroll
taxes. The payment plan required 24 monthly installments of $2,000 beginning
April 15, 2004 and ending March 15, 2006.  On March 15, 2006, the Company will
work with the IRS to determine the resolution for final payment.  Until all
amounts owed are paid to the IRS, the IRS will maintain a federal tax lien on
the Company's property.


                                        6
<PAGE>
Note  4. Common Stock

During the nine months ended September 30, 2005, the Company issued 576,020
shares of common stock for $49,000. Included in these shares, the Company issued
110,000 shares of common stock to employees for services performed which were
valued at $5,500.

ITEM 2.  PLAN OF OPERATION

CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995

Statements in this discussion which are not historical facts may be considered
"forward looking statements" within the meaning of Section 21E of the Securities
Act of 1934, as amended. The words "believe", "expect", "anticipate",
"estimate", and similar expressions identify forward looking statements. Any
forward looking statement involves risks and uncertainties that could cause
actual events or results to differ, perhaps materially, from the events
described in the forward looking statements. Readers are cautioned not to place
undue reliance on these forward looking statements. The Company undertakes no
obligation to publicly update or revise any forward looking statement, whether
as a result of new information, future events or otherwise. The risks associated
with the Company's forward looking statements include, but are not limited to,
risks associated with the Company's history of losses and uncertain
profitability, sales and marketing strategies, competition, general economic
conditions, reliance on key management and production people, current and future
capital needs, dilution, effects of outstanding notes and convertible
debentures, limited public market for the Company's capital Stock, low stock
price, and lack of liquidity.

The following discussion and analysis should be read in conjunction with the
Financial Statements, related notes and other information included in this
report.

Description of Business

Overview

Subjex Corporation is an innovative provider of intelligent customer service
solutions.  Subjex Corporation has developed and sells an Artificial
Intelligence Software platform that is used to create virtual personalities for
corporate and individual web sites. The software chats with web site visitors,
answers questions, and sells products for its clients. Making the searching and
communication process simple for web site visitors has become the key to
improved sales and visitor web site retention. Subjex Corporation is setting a
new standard in customer service technology that is both easily deployable and
inexpensive. The Subjex Corporation mission is to give massive value to our
client base while providing clear-continuous revenue and profit growth for our
investor base.  The company has also expanded its corporate goals to include
possible acquisitions of profitable businesses and business models that are
synergistically compatible with its core technology.

Principal Products and Services

SubjexCSR (Customer Service Representative) is Subjex Corporation's flagship
Artificial Intelligence product. SubjexME is another product recently developed.
SubjexCSR and SubjexME are used in conjunction with SubjexOPS (Operator Training
System) which allows clients to train their implementation to sell their
products and communicate with visitors of their


                                        7
<PAGE>
web sites. This technology is used on the Subjex.com web site to sell itself by
conducting dialogue with business owners (through text) to dynamically converse
with a normal, human-like conversation chat. SubjexCSR and SubjexME both run in
the same environment and on the same platform. Both can lower costs dramatically
for companies who have web sites or large distributor networks. The system can
converse eloquently with thousands of simultaneous users for less than the cost
of one live operator, and can drastically increase sales (closing ratios) by
recommending ideal products for that specific individual. The key to this
product is its iterative "back and forth" methodology which actually conducts an
interview conversation. The system is able to learn users' needs in a way users
are already familiar with - "dialogue".

Today, Subjex is the only customer service solution that is targeting small
business with a true bi-directional dialogue application. The company's Subjex
dialogue system supports each function of customer service from the introduction
to the sales process to post sale support.


Trademarks and Patents

The Company holds trademarks and patent protection for most of its business that
management feels are relevant to protect the company interests.

Environmental Compliance

The Company believes it is in compliance with all current federal and state
environmental laws.

Employees

The Company had as of September 30, 2005, 7 full-time employees. The Company's
employees are not represented by any labor unions.  The Company considers its
relations with its employees to be very good.

Competition

The Company is aware of other companies selling solutions that appear to be
similar to Subjex; however management is not aware of any companies that are
selling the same solution as we have designed. In addition management has made
the decision to focus half of our marketing efforts directly to small businesses
with the SubjexCSR product, and the remainder towards Network Marketing
companies with the SubjexME product. Our competitions solutions are less
effective, extremely complex for the small business owner, and vastly more
expensive. Our demographic target - to our knowledge - has never been exposed to
this type of technology, because no one has priced an appealing product within
the budget of small business. Management believes that while some companies may
have greater resources than Subjex, we have superior products, and a new market
with a product no one has seen before in the Network Marketing industry. We
believe we have the experience to implement a model that is self sustaining
enough to take a huge part of the market before our competitors realize it.

Recent Developments

In the third quarter of 2005 Subjex Corporation made further changes in our
approach to sell SubjexCSR to small businesses. We continue to use part of our
resources to sell SubjexME into larger businesses. This was done in part because
the sale of one implementation of SubjexME will generate tens of thousands of
dollars per month. This will result in positive cash flow faster


                                        8
<PAGE>
than current growth of SubjexCSR sales will allow. Because of the number of
outstanding shares the Company has the Company has changed its funding strategy
from raising additional monies through private issuances of its stock to
accredited individuals to raising of funds with debt instruments.  Receipt of
monies raised allowed the Company to operate and continue its execution of its
plan.

Operating expenses have decreased for the same quarter of the previous year due
to cost saving measures and alternate marketing efforts. The Company continues
to seek out resellers and partners for the SubjexME product and has signed
non-exclusive reseller agreements with several software sales companies and
individuals. Using this marketing approach it is our intention to grow
considerably faster in the foreseeable future.

The Company's cash balances are not sufficient to meet its operational needs,
which is why the Company has relied on using debt instruments to fund
operational needs. As sales increase the Company expects future operational cash
requirements to increase to accommodate growth after profitability.  The
Company's use of the automation tools for sales, training and installation (i.e.
delivery) of the Company's products allows us to operate efficiently, and use
less operational cash then without such tools. Until positive cash flow occurs,
the Company requires additional capital investment to maintain its current
operations.

Developing an ideal business model with an entirely new category type product
line requires a great deal of research and development on several different
fronts. The company has had to become expert in building this company not just
in the areas of technological science but also in marketing such services into a
profitable entity. It is our belief that the potential for success in this
endeavor will vastly out measure its cost of time and resources.

The experience we have gained since the company's inception in these areas has
made the company very valuable even though at this point our operation has not
translated into profitability. What Subjex is doing is breaking new ground. The
AI community as it relates to dialogue and customer service is in its infancy
stage. Management believes that should we be successful we will see exceptional
profitability.

In addition the company has identified what it feels are acquisition targets and
an acquisition methodology to bring the company profitable with very little
dilutional impact on the company.

ITEM 3.  CONTROLS AND PROCEDURES

During  the  course  of their review of our financial statements as of September
30,  2005,  our  independent registered public accounting firm, Carver Moquist &
O'Connor, LLC (CMO), advised management and our Board of Directors that they had
identified  deficiencies  in  the  internal control. None of the deficiencies is
considered to be a "material weakness" as defined under standards established by
the  Public  Company  Accounting  Oversight  Board.


                           PART II - OTHER INFORMATION

ITEM 1. - LEGAL PROCEEDINGS

Please see Note 3.  Payroll and Payroll Taxes


                                        9
<PAGE>
ITEM 2 - CHANGES IN SECURITIES AND USE OF PROCEEDS

During the nine months ended September 30, 2005, the Company issued 3,696,287
shares of common stock for $245,245. The Company issued 723,581 shares of common
stock to employees for services performed which were valued at $68,829.

ITEM 3 - DEFAULTS ON SENIOR SECURITIES

None.

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

It is acknowledged that any sale or substantial restructuring of the Company
will require a shareholders vote. No matters were submitted to the vote of the
Company's stockholders in this quarter.

ITEM 5 - CONTROLS AND PROCEDURES.

The Company has in place two staff members that daily review all the accounts
and figures (accounting systems) that pertain to accounting and the financial
condition of the company. This includes banking, accounts payable, stocks etc.
One additional employee handles the accounts receivable only.  These are then
forwarded to an out of house accounting firm who does all our accounting on
Quick Books.  Our staff and the accounting firm are in contact on a daily basis.

ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K
None

Exhibit     Description

  31         Certification as Required by Section 302 of Sarbanes-Oxley
             Act of 2002

  32         Certification as Required by Section 906 of Sarbanes-Oxley
             Act of 2002


                                       10