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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-QSB
  þ
    
    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the quarterly period ended March 31, 2007
 OR
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the transition period from  to
 Commission File Number 0-30303
 NEWSEARCH, INC.
  Colorado
    
    84-1522846(State or Other Jurisdiction of 
incorporation or Organization)
    
    (I.R.S. Employer Identification No.)
 2005 10th Street, Suite ABoulder, Colorado 80302
 (303) 444-4957
 o þ
 o þ
  o þ




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NEWSEARCH, INC.
REPORT ON FORM 10-QSB
FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2007
 CONTENTS
 PART I  FINANCIAL INFORMATION
    
    
    3Item 1  Financial Statements
    
    
    3Item 2  Managements Discussion and Analysis or Plan of Operation
    
    
    7Item 3  Controls and Procedures
    
    
    9PART II  OTHER INFORMATION
    
    
    10Item 1  Legal Proceedings
    
    
    10Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds
    
    
    10Item 3  Defaults Upon Senior Securities
    
    
    10Item 4  Submission of Matters to a Vote of Security Holders
    
    
    10Item 5  Other Information
    
    
    10Item 6  Exhibits
    
    
    10Exhibit 31.1Exhibit 31.2Exhibit 32.1Exhibit 32.2
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PART I  FINANCIAL INFORMATION
 
 Item 1  Financial Statements
 NEWSEARCH, INC.
Balance Sheet (Unaudited)
March 31, 2007
 ASSETSCurrent assets:Cash
    
    $
    5,261Prepaid legal
    
    
    5,70010,961Equipment, net
    
    
    10,075Other assets:Security deposit
    
    
    2,200Technology license
    
    
    150,000152,200Total assets
    
    $
    173,236LIABILITIES AND STOCKHOLDERS DEFICITCurrent liabilities:Advances
    
    $
    10,000Accrued compensation - officers, directors and consultants
    
    
    149,597Other accrued expenses
    
    
    59,673Promissory note
    
    
    100,000319,270Stockholders deficit:Preferred stock; $.001 par value; authorized - 50,000,000
shares; issued - none
    
    
    Common stock; $.001 par value; authorized - 100,000,000
shares; issued and outstanding - 24,615,521 shares
    
    
    3,182Additional paid-in capital
    
    
    707,551Accumulated deficit
    
    
    (856,767
    )(146,034
    )Total liabilities and stockholders deficit
    
    $
    173,236
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NEWSEARCH, INC.
Statements of Operations (Unaudited)
 Three Months EndedMarch 31,2007
    
    
    2006Costs and expenses:Compensation - officers, directors and consultants
    
    $
    116,500
    
    
    $Professional fees
    
    
    69,777
    
    
    
    3,975General and administrative
    
    
    29,993Depreciation
    
    
    793Interest
    
    
    473Net loss applicable to common shareholders
    
    $
    (217,536
    )
    
    $
    (3,975
    )Basic and diluted net loss per common share
    
    $
    (.01
    )
    
    $
    **Weighted average number of common shares outstanding
    
    
    24,615,521
    
    
    
    800,250
 **
    
    Less than $(.01) per share
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NEWSEARCH, INC.
Statements of Cash Flows (Unaudited)
 Three Months EndedMarch 31,2006
    
    
    2005Cash flows from operating activities:Net loss
    
    $
    (217,536
    )
    
    $
    (3,975
    )Adjustments to reconcile net loss to net cash
used in operating activities:Depreciation
    
    
    794Changes in operating assets and liabilities:Prepaid legal
    
    
    (3,200
    )Accrued compensation - officers, directors and consultants
    
    
    78,709Other accrued expenses
    
    
    43,156
    
    
    
    3,975Net cash used in operating activities
    
    
    (98,077
    )
    
    
    Cash flows from investing activities:Purchases of equipmentNet cash used in investing activities
    
    
    
    
    
    
    Cash flows from financing activities:Proceeds from promissory note
    
    
    100,000Repayment of promissory noteNet cash provided by
financing activities
    
    
    100,000
    
    
    
    Net increase in cash
    
    
    1,923
    
    
    
    Cash at beginning of year
    
    
    3,338Cash at end of period
    
    $
    5,261
    
    
    $
    Supplemental disclosure of cash flow information:Cash paid for interest
    
    $
    
    
    
    $
    
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NEWSEARCH, INC.
Notes to Financial Statements (Unaudited)
 1. Basis of Presentation
  2. Promissory Note
  3. Related Party Transactions
  4. Subsequent Events
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Item 2  Managements Discussion and Analysis or Plan of Operation
  Forward Looking Statements
  
    
    the availability and adequacy of our cash flow to meet our business requirements;
 
    
    economic, competitive, demographic, business and other conditions in our local and
regional markets;
 
    
    changes or developments in laws, regulations or taxes in the ethanol or energy
industries;
 
    
    actions taken or not taken by third-parties, including our competitors, as well as
legislative, regulatory, judicial and other governmental authorities;
 
    
    competition in the ethanol industry;
 
    
    the failure to obtain or loss of any license or permit;
 
    
    the cyclical nature of the energy industry, and therefore any downturns in this
cyclical industry could adversely affect operations;
 
    
    the energy-related industry that we service is heavily regulated and the costs
associated with such regulated industries increases the costs of doing business;
 
    
    the ability to carry out our business plan and to manage our growth effectively and
efficiently;
 
    
    the failure to manage any foreign exchange risk adequately;
 
    
    a general economic downturn or a downturn in the securities markets; and
 
    
    risks and uncertainties described in the Risk Factors section or elsewhere in our
Annual Report on Form 10-KSB.
   Business Overview
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Plan of Operation
    
    
    Obtain additional operating capital from joint venture partnerships, debt financing or
equity financing to fund ongoing operations and the development of BOO plants in the United
Kingdom and North America.
 
    
    As available and as applicable to our business plans, apply for public funding to leverage
the private capital we may raise.
 
    
    Actively pursue mergers, acquisitions and joint ventures to increase shareholder value.
 
    
    Move quickly to secure additional opportunities to develop and operate state-of-the-art
waste-to-energy plants for clients with long-term waste disposal and/or energy supply needs.
  
    
    Waste Coal:John Grob, a Director, has spent over three years developing a project with one
of Europes largest coal companies to use high-ash coal slurry at one of its sites. This
project entails dewatering the slurry and mixing it with waste coal fines and other waste
material as feedstock for a pilot 50-ton per day gasifier. This gasification project is a key
part of a larger initiative to reclaim the land for development as well as provide syngas for
an on-site power plant.
 
    
    European Energy Park:We currently have the lead in planning an innovative energy park
concept that integrates a variety of clean energy technologies, including a pyrolytic steam
reforming unit, a biodiesel refinery, anaerobic digesters, and potentially an algae bioreactor
utilizing a mix of renewable and waste-coal feedstock.
 
    
    Energy Innovation Center:We are collaborating with a city in Colorado in planning a
renewable energy center that includes a unique mix of technologies (solar, sewage sludge
reuse, gasification, biodiesel, and a pilot-scale algae bioreactor) designed to maximize the
potential eco-industrial synergies from using waste streams from one process as inputs to
other processes on the site.
 Results of Operations
 FIRST QUARTER 2007 COMPARED TO FIRST QUARTER 2006
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Liquidity and Capital Resources
       Off-Balance Sheet Arrangements
  
 Item 3. Controls and Procedures
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PART II  OTHER INFORMATION
 
 Item 1  Legal Proceedings
  
 Item 2  Unregistered Sales of Equity Securities and Use of Proceeds
  
 Item 3  Defaults Upon Senior Securities
  
 Item 4  Submission of Matters to a Vote of Security Holders
  
 Item 5  Other Information
  
 Item 6  Exhibits
 Exhibit Index
 ExhibitNumber
    
    Exhibit Description3.1
    
    Amended and Restated Articles of Incorporation (1)3.2
    
    Bylaws (2)4.1
    
    Specimen Common Stock Certificate (2)10.1
    
    $100,000, 7.5% Promissory Note dated March 8, 2007, payable to Vision
Capital Partners AA Ltd. (1)31.1
    
    Rule 13a-14(a)/15d-14(a) Certification by the Principal Executive Officer *31.2
    
    Rule 13a-14(a)/15d-14(a) Certification by the Principal Financial Officer *32.1
    
    Section 1350 Certification by the Principal Executive Officer *32.2
    
    Section 1350 Certification by the Principal Financial Officer *
 *
    
    Filed herewith.(1)
    
    Incorporated by reference from the Companys Annual Report on Form 10-KSB for the fiscal year
ended December 31, 2006 (File No. 0-30303).(2)
    
    Incorporated by reference to the Companys Report on Registration Statement on Form 10SB-12G
filed with the Commission on April 12, 2000 (File No. 0-30303).
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SIGNATURE
  NEWSEARCH, INC.Date:  September 12, 2007
    By:
    /s/ Paul L. WhittonPaul L. Whitton, PresidentDate:  September 12, 2007
    By:
    /s/ Kenneth S. AdesskyKenneth S. Adessky, Chief Financial Officer  11




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Exhibit Index
 ExhibitNumber
    
    Exhibit Description3.1
    
    Amended and Restated Articles of Incorporation (1)3.2
    
    Bylaws (2)4.1
    
    Specimen Common Stock Certificate (2)10.1
    
    $100,000, 7.5% Promissory Note dated March 8, 2007, payable to Vision
Capital Partners AA Ltd. (1)31.1
    
    Rule 13a-14(a)/15d-14(a) Certification by the Principal Executive Officer *31.2
    
    Rule 13a-14(a)/15d-14(a) Certification by the Principal Financial Officer *32.1
    
    Section 1350 Certification by the Principal Executive Officer *32.2
    
    Section 1350 Certification by the Principal Financial Officer *
 *
    
    Filed herewith.(1)
    
    Incorporated by reference from the Companys Annual Report on Form 10-KSB for the fiscal year
ended December 31, 2006 (File No. 0-30303).(2)
    
    Incorporated by reference to the Companys Report on Registration Statement on Form 10SB-12G
filed with the Commission on April 12, 2000 (File No. 0-30303).
  12