**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


WASHINGTON,
      D.C. 20549








**X**  **QUARTERLY
      REPORT UNDER SECTION 13 OR 15(d)**


**OF
      THE SECURITIES EXCHANGE ACT OF 1934**





**** **For the Quarterly Period Ended September 30, 2006**





**OR**





**TRANSITION
      REPORT UNDER SECTION 13 OR 15(d)**


**OF
      THE EXCHANGE ACT**







Commission
      File Number 000-30479


**ETELCHARGE.COM,
      INC.**


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








**Nevada**
              **75-2847699**(State
                  or other jurisdiction of
              (I.R.S.
                  Employerincorporation
                  or organization)
              Identification
                  No.)**1636
                  N. Hampton, Suite 270, Desoto, Texas**
              **75115**(Address
                  of principal executive office)
              (Zip
                  Code)





Issuer’s
      telephone number: **(972)298-3800**





Indicate
      by check mark whether the registrant (1) has filed all reports required to
      be
      filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
      the
      preceding 12 months (or for such shorter period that the registrant was required
      to file such reports), and (2) has been subject to such filing requirements
      for
      the past 90 days.


Yes
      X No





Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange Act). Yes [ ] No [ X ]





The
      number of shares of the issuer’s common stock outstanding as of November 11,
      2006 was 130,435,205.


Transitional
      Small Business Disclosure Format (Check One): Yes  No X















**Item
      1. Financial Statements**


**ETELCHARGE.COM,
                INC.****(A
                Development Stage Company)****BALANCE
                SHEETS**(unaudited)**September
                30,**
            ****
            ****
            **December
                31,**
            ********
            ****
            ****
            **2006**
            ****
            ****
            **2005****ASSETS**Current
                assets:Cash
            
            $
            5,399
            
            $
            13,671Fixed
                assets, net of accumulated depreciation of $50,057 and
                $48,248
            
            
            4,382
            
            
            5,141Deposits
            
            
            1,980
            
            
            1,980Total
                assets
            
            $
            11,761
            
            $
            20,792**LIABILITIES
                AND STOCKHOLDERS' DEFICIT**Current
                liabilities:Short
                term debt- related parties
            
            $
            6,117
            
            $
            6,117Bank
                overdraft
            
            
            11,864
            
            
            -Accrued
                expenses
            
            
            67,620
            
            
            56,284Payroll
                tax obligation
            
            
            165,062
            
            
            143,970Accounts
                payable
            
            
            97,247
            
            
            99,942Note
                payable to shareholder
            
            
            330,204
            
            
            284,546Short
                term debt
            
            
            2,697
            
            
            2,920Pending
                stock subscriptions
            
            
            -
            
            
            5,213Total
                current liabilities
            
            
            680,811
            
            
            598,992Note
                payable
            
            
            150,313
            
            
            -Total
                liabilities
            
            
            831,124
            
            
            598,992Commitments
            
            
            -
            
            
            -Stockholders'
                deficit:Common
                stock, $.003 par value, 250,000,000 shares authorized,130,435,205
                and 128,921,706 shares issued and outstanding
            
            
            391,305
            
            
            386,765Additional
                paid-in capital
            
            
            11,463,735
            
            
            11,340,625Deficit
                accumulated during the development stage
            
            
            (12,674,403
            )
            
            (12,305,590
            )Total
                stockholders' deficit
            
            
            (819,363
            )
            
            (578,200
            )Total
                liabilities and stockholders' deficit
            
            $
            11,761
            
            $
            20,792













**ETELCHARGE.COM,
                INC.****(A
                Development Stage Company)****STATEMENTS
                OF OPERATIONS****(Unaudited)****June
                7, 1999****Nine
                months
                ended**
            **Three
                months ended**
            ****
            **(Inception)
                to**
            ********
            **September
                30,**
            **September
                30,**
            ****
            **September
                30,**
            ********
            ****
            ****
            **2006**
            ****
            ****
            **2005**
            ****
            ****
            **2006**
            ****
            ****
            **2005**
            ****
            ****
            **20**06Revenues
            
            $
            24,872
            
            $
            23,454
            
            $
            8,359
            
            $
            10,966
            
            $
            44,181Operating
                expenses
            
            
            370,575
            
            
            2,043,566
            
            
            109,147
            
            
            100,293
            
            
            12,701,596Net
                loss from operations
            
            
            (345,703
            )
            
            (2,020,112
            )
            
            (100,788
            )
            
            (89,327
            )
            
            (12,657,415
            )Other
                income
            
            
            2,062
            
            
            -
            
            
            2,062
            
            
            -
            
            
            59,500Interest
                expense
            
            
            (25,172
            )
            
            (12,435
            )
            
            (9,854
            )
            
            (3,502
            )
            
            (76,488
            )Net
                loss
            
            $
            (368,813
            )
            $
            (2,032,547
            )
            $
            (108,580
            )
            $
            (92,829
            )
            $
            (12,674,403
            )Basic
                and diluted net loss per share
            
            $
            (0.00
            )
            $
            (0.02
            )
            $
            (0.00
            )
            $
            (0.00
            )Basic
                and diluted weighted average shares outstanding
            
            
            129,768,105
            
            
            113,062,758
            
            
            129,907,121
            
            
            128,201,706








**ETELCHARGE.COM,
                INC.****(A
                Development Stage Company)****STATEMENTS
                OF CASH FLOWS****(Unaudited)****June
                7, 1999**
            ********
            **Nine
                months ended**
            ****
            **(Inception)
                to**
            ********
            **September
                30,**
            ****
            **September
                30,**
            ********
            ****
            ****
            **2006**
            ****
            ****
            **2005**
            ****
            ****
            **2006**CASH
                FLOWS FROM OPERATING ACTIVITIES:Net
                loss
            
            $
            (368,813
            )
            $
            (2,032,547
            )
            $
            (12,674,403
            )Adjustments
                to reconcile net loss to netcash
                used in operating activities:Amortization
                and depreciation
            
            
            1,809
            
            
            2,653
            
            
            113,057Issuance
                of common stock for services
            
            
            51,830
            
            
            1,841,200
            
            
            7,889,361Imputed
                interest
            
            
            17,775
            
            
            9,236
            
            
            29,789Changes
                in:Bank
                overdraft
            
            
            11,864
            
            
            5,372
            
            
            11,864Other
                assets
            
            
            -
            
            
            -
            
            
            (1,980
            )Accounts
                payable
            
            
            (2,696
            )
            
            4,774
            
            
            97,247Accrued
                expenses
            
            
            64,170
            
            
            26,730
            
            
            2,779,593Payroll
                tax obligation
            
            
            21,091
            
            
            4,374
            
            
            165,062Net
                cash used in operating activities
            
            
            (202,970
            )
            
            (138,208
            )
            
            (1,590,410
            )CASH
                FLOWS FROM INVESTING ACTIVITIESPurchase
                of property and equipment
            
            
            (1,050
            )
            
            -
            
            
            (49,639
            )Net
                cash used in investing activities
            
            
            (1,050
            )
            
            -
            
            
            (49,639
            )CASH
                FLOWS FROM FINANCING ACTIVITIES:Proceeds
                from sales of common stock
            
            
            -
            
            
            6,150
            
            
            1,119,397Net
                loan proceeds from shareholder
            
            
            45,658
            
            
            131,798
            
            
            336,321Proceeds
                from notes payable
            
            
            150,313
            
            
            -
            
            
            153,233Payments
                on short term debt
            
            
            (223
            )
            
            -
            
            
            (223
            )Payment
                on payable to related party for asset purchase
            
            
            -
            
            
            -
            
            
            (116,500
            )Cash
                received on pending stock subscriptions
            
            
            -
            
            
            2,205
            
            
            153,220Net
                cash provided by financing activities
            
            
            195,748
            
            
            140,153
            
            
            1,645,448NET
                CHANGE IN CASH AND CASH EQUIVALENTS
            
            
            (8,272
            )
            
            1,945
            
            
            5,399CASH
                AND CASH EQUIVALENTS, beginning of period
            
            
            13,671
            
            
            3,255
            
            
            -CASH
                AND CASH EQUIVALENTS, end of period
            
            $
            5,399
            
            $
            5,200
            
            $
            5,399








**ETELCHARGE.COM,
                INC.****(A
                Development Stage Company)****STATEMENTS
                OF CASH FLOWS****(Unaudited)****June
                7, 1999**
            ********
            **Nine
                months ended**
            ****
            **(Inception)
                to**
            ********
            **September
                30,**
            ****
            **September
                30,**
            ********
            ****
            ****
            **2006**
            ****
            ****
            **2005**
            ****
            ****
            **2006**Supplemental
                schedule of non-cash financing activities:Issuance
                of common stock in exchange forreceivable
                from shareholder
            
            $
            -
            
            $
            -
            
            $
            1,000Issuance
                of payable to related party in exchangefor
                proprietary rights
            
            
            -
            
            
            -
            
            
            116,500Property
                and equipment acquired throughissuance
                of common stock
            
            
            -
            
            
            -
            
            
            4,800Issuance
                of common stock for accrued compensation
            
            
            52,832
            
            
            -
            
            
            2,711,973Issuance
                of common stock for pending stocksubscriptions
            
            
            5,213
            
            
            -
            
            
            153,220Supplemental
                cash flow disclosures:Cash
                paid for income taxes
            
            
            -
            
            
            -
            
            
            -Cash
                paid for interest
            
            
            3,495
            
            
            462
            
            
            11,445











**ETELCHARGE.COM,
      INC.**


**(A
      Development Stage Company)**


**NOTES
      TO FINANCIAL STATEMENTS**










**NOTE
      1-BASIS OF PRESENTATION**




The
      accompanying unaudited interim consolidated financial statements of
      Etelcharge.com, Inc. have been prepared in accordance with accounting principles
      generally accepted in the United States of America and the rules of the
      Securities and Exchange Commission, and should be read in conjunction with
      the
      audited financial statements and notes thereto contained in Etelcharge’s Annual
      Report filed with the SEC on Form 10-KSB. In the opinion of management, all
      adjustments, consisting of normal recurring adjustments, necessary for a fair
      presentation of financial position and the results of operations for the interim
      periods presented have been reflected herein. The results of operations for
      interim periods are not necessarily indicative of the results to be expected
      for
      the full year. Notes to the financial statements that would substantially
      duplicate the disclosure contained in the audited financial statements for
      2005
      as reported in the 10-KSB have been omitted.




**NOTE
      2 - ACCRUED COMPENSATION AND PENDING STOCK SUBSCRIPTIONS**




During
      the nine months ended September 30, 2006:




(1)
      Etelcharge issued 417,040 shares of common stock valued at $5,213 to several
      investors under pending stock subscriptions. There are no stock subscriptions
      outstanding at September 30, 2006.




(2)
      Etelcharge issued 478,340 shares of common stock valued at $52,832 to employees
      for accrued compensation.




As
      of
      September 30, 2006, there were 330,626 shares of common stock valued at $24,344
      accrued for compensation and $35,624 accrued for cash compensation.




**NOTE
      3 - NOTE PAYABLE**




On
      March
      31, 2006, Etelcharge signed an unsecured promissory note to American Home Market
      in the amount of $250,000. Of this amount, the lender advanced $86,301 and
      $64,012 during the quarters ended June 30 and September 30, 2006, respectively.
      The note provides for an interest rate of 8% interest per annum, with interest
      only monthly payments commencing February 1, 2007. The entire principal is
      due
      in full on December 1, 2007. Interest of $3,902 was accrued as of September
      30,
      2006.




**NOTE
      4 - EQUITY**




During
      the nine months ended September 30, 2006, Etelcharge issued 618,119 shares
      of
      common stock valued at $51,830 for services.













**Item
      2. Plan of Operation.**




Plan
      of
      Operation contains various “ forward looking statements” within the meaning of
      Section 21E of the Securities Exchange Act of 1934, as amended, regarding future
      events or the future financial performance of the Company that involve risk
      and
      uncertainties. Certain statements included in this Form 10-QSB, including,
      without limitation, statements related to anticipated cash flow sources and
      uses, and words included but not limited to “ anticipates”, “believes”, “plans”,
“expects”, “continue”, “will”, and similar expressions are intended to identify
      forward- looking statements within the meaning of section 27A of the Securities
      Act of 1933 and Section 21E of the Securities act of 1934 regarding events,
      conditions, and financial trends that may affect our future plans of operations,
      business strategy, operation results and financial position. We caution readers
      that a variety of factors could cause our actual results to differ materially
      from the anticipated results or other matters expressed in forward-looking
      statements.




The
      following information should be read in conjunction with our financial
      statements and notes thereto appearing elsewhere in this Form
      10-QSB.




We
      lost
      $368,813 during the nine months ended September 30, 2006, a decrease of
      $1,663,734 compared to a net loss of $2,032,547 for the nine months ended
      September 30, 2005. The decreased loss primarily resulted from fewer non-cash
      charges associated with the issuance of common stock for services in 2006
      compared to 2005.




We
      lost
      $108,580 during the three months ended September 30, 2006, an increase of
      $15,751 compared to a net loss of $92,829 for the three months ended September
      30, 2005. The increased loss primarily resulted from increased expenses related
      to public company reporting.




Our
      ability to operate profitably depends on generating sales and achieving
      sufficient gross profit margins. We cannot assure that we will achieve or
      maintain profitable operations in the future




PLAN
      OF
      OPERATION




We
      were
      organized in June 1999 and are in the development stage. Investors should note
      that our auditor's report for the year ended December 31, 2005, included a
      paragraph that expressed substantial doubt as to our ability to continue as
      a
      going concern. We expect that our revenue will be generated from both online
      and
      offline merchants and customers.  We will maintain a billing fee of 3% to
      4% of the purchase price of the goods or services charged, not including taxes,
      and an approximate new transaction fee of $.25 per transaction service
      charge.  We plan to maintain a 5% to 10% service charge to be added to
      total charges added to phone bills utilizing our telephone billing option,
      while
      limiting purchases to $60 per month.  Our cost for phone billing are
      comprised of Billing Concepts 6% of billed revenue and Local Phone Company
      charges, which vary from $0.45 cents up to $1.65.  Billing Concepts will
      earn this fee for providing the bills that the local telephone companies will
      include in their monthly billing statements to their customers.  Additional
      revenue will be generated from our credit card merchant services.  We plan
      to charge merchants a monthly fee ranging from $29 to $89 per month for leasing
      our credit card machines, a discount fee ranging from 1.69% to 3% for credit
      card processing, a transaction fee of twenty five cents $0.25, and a statement
      fee ranging from $10 to $15 per month.




In
      April
      2006 we entered into a Billing and Collection Services agreement with AT&T
      and paid an initial set up fee for the AT&T Southwest region in the amount
      of $20,000.




We
      intend
      to establish a reserve of 3% of fees due to us from merchants to cover defaults,
      refusals to pay, disputes and other charge backs due to customer nonpayment.
      This reserve is larger than that of our competitors, which averages
      approximately 2% of such fees according to these competitors. We have not made
      any independent assessment of the sufficiency of the reserve amount, because
      we
      have not yet generated on line billing transactions that create receivables
      due
      from merchants. Accordingly, although we believe our reserve will be adequate
      to
      cover defaults and other charge backs, we cannot give any such assurance. We
      intend to evaluate this reserve on an ongoing basis to reflect our
      experience.




We
      have
      tested our initial phone billing option with 19 Web merchants, all of which
      have
      been integrated into our billing system. Previously, it took a number of months
      to integrate our merchants, as they were required to write some of the computer
      code necessary to join our system. Recently, however, we began to provide the
      code ourselves which we believe will significantly shorten the time necessary
      for merchants to join our billing system. We currently have three resellers
      who
      are existing Web merchants, authorized agents and a shopping cart software
      company who are paid a commission of approximately 20% of the revenue generated
      from new Web merchants referred by them. Our resellers will take a three day
      training course from us, either online or at our corporate offices, before
      commencing to market any of our payment options including the new 1.1 and 2.0
      versions of our payment options offered to merchants, 900 billing services
      to
      Web merchants, or our merchant service options for Visa, MasterCard or American
      Express. Our agreements with resellers provide 20% commission, a nominal
      residual fee so long as we retain Web merchants referred by the reseller and
      are
      cancelable by either party on 30 days notice to the other.




Commencing
      with the launch of the 1.1 and 2.0 version telephone billing option, and
      assuming financing is available, we intend to initiate an online advertising
      campaign, using mass e-mails to advise online users of our billing service.
      We
      also intend to commence at that time an effort to attract resellers through
      attendance at industry and trade shows and through advertising in trade
      journals. We are uncertain as to how many resellers we will be able to attract
      through these efforts.




We
      also
      seek to enter into agreements with other online entities, web sites and
      independent sales and marketing organizations to generate market awareness
      and
      usage of our eTelcharge.Com icon. We will also continue to promote our brand
      through the issuance of press releases to related trade publications, general
      interest media publications, print media and Internet media.




Over
      the
      next two years, we intend to make adjustments and improvements in our product
      software and marketing efforts. In order to identify the areas that need
      improvement, we anticipate meeting with online retailers who accepted our
      initial version and online shoppers to conduct online consumer interviews.
      In
      the near term, we will expand our efforts to reach online retailers, focusing
      upon the larger national retailers.  Upon the launch of the 1.1and 2.0
      version, assuming funds are available, we will also demonstrate our billing
      system at industry affiliated trade shows.




The
      initiation of our plan of operation is dependent upon our raising sufficient
      working capital to allow us to institute the plan. However, there can be no
      assurance that we will be successful in doing so. Due to our lack of capital
      and
      our need for working capital to continue our business plan, our auditors issued
      a going concern qualification as part of their audit opinion of our financial
      statements for the year ended December 31, 2005. We have generated $44,181
      of
      revenue since our inception and since inception through the nine months ended
      September 30, 2006 we incurred a cumulative net loss of $12,674,403 including
      a
      net loss of $368,813 for the nine months ended September 30, 2006.




On
      March
      31, 2006, Etelcharge executed an unsecured promissory note to American Home
      Market in the amount of $250,000. Of this amount, the lender advanced $86,301
      and $64,012 during the quarters ended June 30 and September 30, 2006,
      respectively. The note provides for an interest rate of 8% interest per annum,
      with interest only monthly payments commencing February 1, 2007. The entire
      principal is due in full on December 1, 2007. Interest of $3,902 was accrued
      as
      of September 30, 2006.




Prior
      to
      this borrowing our operations have been funded solely through the issuance
      of
      our common shares and advances from our CEO. Total cash proceeds for the
      issuance of common shares totaled $1,272,617 from inception through September
      30, 2006. In order to institute our business plans we must continue to raise
      capital, as revenue from operations will be insufficient in the short run to
      meet our working capital needs. However, we cannot assure that any such capital
      will be available to us. Based upon our current cash resources, we cannot meet
      our cash requirements or institute our business plan for more than six months
      unless we raise additional funds from the sale of our securities, as we have
      done in the past, or unless our revenue grows significantly.




**Item
      3. Controls and Procedures**





Evaluation
      of disclosure controls and procedures:


Based
      on
      their evaluation of our disclosure controls and procedures (as defined in Rule
      13a−15e under the Securities Exchange Act of 1934 (the "Exchange Act")), our
      principal executive officer and principal financial officer have concluded
      that
      as of the end of the period covered by this quarterly report on Form 10−QSB such
      disclosure controls and procedures were effective to ensure that information
      required to be disclosed by us in reports that we file or submit under the
      Exchange Act is recorded, processed, summarized and reported within the time
      periods specified in Securities and Exchange Commission rules and forms.





Changes
      in internal controls:


There
      were no significant changes in Etelcharge’s internal controls or in other
      factors that could significantly affect those controls since the most recent
      evaluation of such controls.











**SIGNATURES**







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







**ETELCHARGE.COM,
              INC.**Date: November
              13, 2006
            By:
            /s/ Carl
              O.
              ShermanChief
              Executive Officer  **ETELCHARGE.COM,
              INC.**Date: November
              13, 2006
            By:
            /s/ Michelle
              R. ShermanPrincipal
              Financial Officer