U. S. Securities and Exchange Commission Washington, D. C. 20549  FORM 10-QSB  [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the quarterly period ended December 31, 2006  [  ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____  Commission File No. 0-50863  CENTALE, INC.(Name of Small Business Issuer in its Charter)New York30-0299889(State of Other Jurisdiction of
incorporation or organization)(I.R.S.  Employer
Identification No.)  191 Main Street, East Aurora, NY   14052 (Address of principal executive offices)  Issuer's Telephone Number: (716) 714-2000  Indicate  by check mark  whether the  Registrant  (1) has filed all reports required to be filed by Sections 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]  APPLICABLE ONLY TO CORPORATE ISSUERS:  Indicate the number of shares outstanding of each of the Registrant's classes of common stock, as of the latest practicable date: February 12, 2007 Common Voting Stock: 170,621,918 shares  Transitional Small Business Disclosure Format (check one):      Yes   [   ]     No  [X]     CENTALE, INC.BALANCE SHEETNINE MONTHS ENDED DECEMBER 31, 2006(UNAUDITED)December 31, 2006March 31, 2006ASSETSCurrent AssetsCash and Cash Equivalents029,385Accounts Receivable(net of allowance for doubtful accounts of zero dollars)3,82714,388Employee Receivable01,500Total Current Assets3,82745,273Fixed AssetsFurniture, Fixtures, Equipment065,261Less: Accumulated Depreciation0(19,901)Total Fixed Assets045,360Other AssetsSoftware Development170,000170,000Software Technology229,950229,950Less: Accumulated Amortization(150,533)(90,540)Customer List550,000550,000Investment in Circle Group Holdings50,0000Investment in FSBO13,5000Security deposits016,405Total Other Assets862,918875,815TOTAL ASSETS866,744966,448LIABILITIES & EQUITYCurrent LiabilitiesAccounts Payable484,899276,094Accrued Expenses19,3290Cash Overdraft2,4140Loan Payable106,6660L/P Stockholders30,000822,562Payroll Tax Liabilities9,5370Total Current Liabilities652,8461,098,656Total Liabilities652,8461,098,656EquityCommon Stock:  $.01 Par, 250,000,000 Authorized171,536,482 and 20,989,962 Shares Issuedand Outstanding as of December 31, 2006and March 31, 2006, respectively1,715,365209,900Preferred Stock:  $.01 Par, 5,000,000 Shares AuthorizedNo Shares Outstanding00Additional Paid In Capital6,915,4132,780,922Accumulated Deficit(8,416,880)(3,123,030)Total Stockholder's Equity (Deficit)213,898(132,208)TOTAL LIABILITIES & EQUITY866,744966,448   The accompanying notes are an integral part of these financial statements 2    CENTALE, INC.STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)NINE MONTHS ENDED DECEMBER 31, 2006(UNAUDITED)COMMON STOCKSTOCKHOLDERNUMBER OFADDITIONALACCUMULATEDEQUITYSHARESVALUEPAID IN CAPITALDEFICIT(DEFICIT)BALANCE - MARCH 31, 200516,766,000167,6601,233,024(1,044,371)356,313Common Stock Issued for Cash885,5008,855544,145553,000Common Stock Issued in Satisfactionof Note Payable1,000,00010,000427,796437,796Common Stock Issued in Exchangefor Services2,094,89820,949228,393249,342Common Stock Issued in Exchangefor Assets500,0005,000545,000550,000Common Stock Conversion toNote Payable(256,436)(2,564)(197,436)(200,000)Net Loss for the Period(2,078,659)(2,078,659)BALANCE - MARCH 31, 200620,989,962209,9002,780,922(3,123,030)(132,208)Common Stock issued for Cash1,190,41511,904108,805120,709Common Stock issued forIntangible Assets2,500,00025,000500,000525,000Common Stock issued forAgency Termination Fee84,224,959842,2500842,250Common Stock Issued in Satisfactionof Notes Payable44,665,742446,657973,9261,420,583Common Stock Issued in Exchangefor Services8,864,79888,6481,887,5101,976,158Common Stock Issued in Exchangefor Loan Fee3,950,00039,500664,250703,750Common Stock Issued in Exchangefor Interest Expense5,150,60651,506051,506Net Loss for the Period (unaudited)(5,293,850)(5,293,850)BALANCE - DECEMBER 31, 2006171,536,4821,715,3656,915,413(8,416,880)213,898   The accompanying notes are an integral part of these financial statements 3    CENTALE, INC.STATEMENTS OF OPERATIONTHREE MONTHS ENDED DECEMBER 31, 2006(UNAUDITED)December 31, 2006December 31, 2005ORDINARY INCOME / (EXPENSE)REVENUES29,48496,374DIRECT COSTS:Commissions4,5150Technology services63,203131,630Total Direct Costs67,718131,630GROSS MARGIN(38,233)(35,256)EXPENSESAdvertising5,75066,548Amortization19,9986,250Agency Termination Fee842,2500Bad Debt161,6510Consulting Services1,448,39260,470Depreciation6,8464,000Impairment of Goodwill525,0000Insurance Expense5,93925,016Interest Expense60,6130Loss on Disposal of Assets82,5320Miscellaneous2,51361,779Office Expense24,28844,156Officers' Compensation59,23165,000Professional Services17,84574,855Rent37,01254,292Salaries & Wages11,023177,531Travel Expense5,37640,725Total Expense3,316,257680,622Loss from Operations(3,354,491)(715,878)Other Income / (Expense)Other Income / (Expense)11,4980NET LOSS FOR THE PERIOD(3,342,992)(715,878)LOSS PER SHARE:Basic(0.02)(0.04)Fully Diluted(0.02)(0.04)WEIGHTED AVERAGE COMMONSHARES OUTSTANDINGBasic178,623,26317,972,667Fully Diluted178,623,26317,972,667   The accompanying notes are an integral part of these financial statements 4   CENTALE, INC.STATEMENTS OF OPERATIONNINE MONTHS ENDED DECEMBER 31, 2006(UNAUDITED)December 31, 2006December 31, 2005ORDINARY INCOME / EXPENSEREVENUES480,737881,258DIRECT COSTS:Commissions21,5850Technology services159,868250,931Total Direct Costs181,453250,931GROSS MARGIN299,284630,327EXPENSESAdvertising207,092379,100Amortization59,99318,750Agency Termination Fee842,2500Bad Debt Expense161,6510Consulting Services1,807,830234,585Depreciation16,23412,000Impairment of Goodwill525,0000Insurance Expense33,92265,796Interest Expense112,2503,598Loan Fee703,7500Loss on Disposal of Assets82,5320Miscellaneous17,21883,246Office Expense135,001136,025Officers' Compensation202,190183,697Professional Services125,546184,335Rent128,803127,885Salaries & Wages447,957546,207Travel Expense28,03295,365Total Expense5,637,2512,070,589Loss from Operations(5,337,967)(1,440,262)Other Income/ExpenseOther Income44,118587NET LOSS FOR THE PERIOD(5,293,850)(1,439,675)LOSS PER SHARE:Basic(0.05)(0.08)Fully Diluted(0.05)(0.08)WEIGHTED AVERAGE COMMONSHARES OUTSTANDING:Basic102,769,50117,501,000Fully Diluted102,769,50117,501,000  The accompanying notes are an integral part of these financial statements 5   CENTALE, INC.STATEMENT OF CASH FLOWSNINE MONTHS ENDED DECEMBER 31, 2006(UNAUDITED)December 31, 2006December 31, 2005CHANGES IN ASSETS AND LIABILITIESNet Loss for the Period(5,293,850)(1,439,675)NON-CASH ADJUSTMENTSDepreciation and  Amortization76,22730,750Bad Debt161,6510Impairment of Goodwill525,0000Agency Termination Agreement842,2500Loss on Disposal of Assets82,5320Common Stock issued in exchange for services1,976,158781,230Common Stock issued in exchange for loan fee703,750437,796Commons Stock issued in exchange for interest expense51,5060Cash Flows from Operating ActivitiesAccounts Receivable(214,590)(110,512)Employee Advance1,50043,999Security Deposit16,405(981,980)Accounts Payable208,806671,363Accrued Expenses19,3290Cash Overdraft2,4140Payroll Tax Liabilities9,5370Net cash provided by Operating Activities(831,375)(567,029)Cash Flows from Investing ActivitiesPurchases of Computer software0(238,050)Purchases of Furniture, Fixtures, Equipment(53,406)(31,162)Net Cash Used in Investing Activities(53,406)(269,212)CASH FLOWS FROM FINANCING ACTIVITIESProceeds from Loans to Stockholders628,0210Proceeds from Loan Payable106,666125,000Proceeds from Issuance of Common Stock120,709548,000Net cash provided by Financing Activities855,396673,000NET CHANGE IN CASH AND CASH EQUIVALENTS(29,385)(163,241)CASH AND CASH EQUIVALENTS -BEGINNING OF PERIOD29,385138,646CASH AND CASH EQUIVALENTS - END OF PERIOD0(24,595)SUPPLEMENTAL DISCLOSURESInterest Paid112,2503,598Income Taxes Paid00SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTINGAND FINANCING ACTIVITIESCommon Stock issued for Intangible Assets525,0000Common Stock issued in Satisfaction of Notes Payable1,420,5830  The accompanying notes are an integral part of these financial statements 6  CENTALE, INC. NOTES TO FINANCIAL STATEMENTS NINE MONTHS ENDED DECEMBER 31, 2006    NOTE A  BASIS OF PRESENTATION  The interim financial statements of Centale, Inc. (the Company), included herein, have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC).  Certain information and footnote disclosures normally included in the financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading.  These interim financial statements should be read in conjunction with the annual audited financial statements and the notes thereto included in the Companys Annual Report on Form 10KSB for the year ended March 31, 2006.  The accompanying unaudited interim financial statements reflect all adjustments of a normal and recurring nature which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows of the Company for the interim period presented.  The results of operations for this period are not necessarily comparable to, or indicative of, results of any other interim period or for the fiscal year taken as a whole.  Factors that affect the comparability of financial data from year to year and for comparable interim periods include nonrecurring expenses associated with the Companys registration with the SEC, costs incurred to raise capital, and stock awards.  NOTE B  RECLASSIFICATIONS  Certain reclassifications have been made to the financial statement presentation in prior years to correspond to the current years format.  Total equity and net income are unchanged due to these reclassifications.  NOTE C  COMMON STOCK  During the nine months ended December 31, 2006, the Company raised capital through issuance of 150,546,520 shares of its common stock. The Company issued 8,864,798 shares of its common stock for services.  There were 1,190,415 shares issued for cash, 44,665,742 issued in satisfaction of Notes Payable, and 5,150,606 shares issued in exchange for interest expense.  There were also 3,950,000 shares issued in exchange for Loan Fee, and 2,500,000 issued for obtaining Advance Theory assets in April of 2006. On December 26, 2006, 84,224,959 shares of stock were issued to TA Wier in regards to the cancellation of his Agency Agreement with Centale, Inc.  The shares are valued at par.  7  CENTALE, INC. NOTES TO FINANCIAL STATEMENTS NINE MONTHS ENDED DECEMBER 31, 2006   NOTE D GOING CONCERN  The Companys financial statements has been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.  The Company has reported net losses and an accumulated deficit totaling $8,416,880 for the period from date of inception (November 12, 1998) through December 31, 2006.  The Companys continued existence is dependent upon its ability to raise capital or to successfully market and sell its products.  The Company plans to raise working capital through equity offerings and future profitable operations. The consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.  NOTE E  ACQUISITIONS  On April 7, 2006, the Company issued 2,500,000 shares to Kristen Johnson in exchange for the assets of Advance Theory, Inc., which were valued at $525,000. In December 2006, Advance Theory, Inc. was dissolved.  All monies paid to Advance Theory, Inc. and on behalf of Advance Theory, Inc. have been written off as a bad debt.  All assets and liabilities remained with the original owners of Advance Theory at the time of disposition. NOTE F  OTHER MATTERS  On April 26, 2006 the Company received 50,000 shares of common stock of Circle Holding Group, Inc, which had a fair market value of $50,000.  These shares were issued in lieu of payment to the Company from Circle Group Holding for services rendered.  On June 1, 2006 the Company received 9,645,000 shares of common stock of FSBO Media Holdings, Inc., which had a fair market value of $13,500.  These shares were issued in payment for an email marketing campaign that the Company supplied. On April 11, 2006 stock was issued for the total amount of $50,000 received from Tretters.  Per the agreement, the amount of $12,500 was to be reported as a loan from Carl Tretter and $12,500 as a loan from Cindy Tretter.  The balance of $25,000 was to purchase stock equally between Carl and Cindy Tretter.  The loan has been correctly recorded in the quarter and the stock remains with the Tretters as of December 31, 2006. NOTE G  CONTINGENT STOCK ISSUANCE On December 27, 2006 the Company entered into a Consulting Agreement with Big Apple Consulting USA, Inc.  Big Apple agreed to provide consulting and investor relations services to the  8  CENTALE, INC. NOTES TO FINANCIAL STATEMENTS NINE MONTHS ENDED DECEMBER 31, 2006   Company, including providing access to the securities brokerage community and promoting the Company to that community.  The Company agreed that in each month of the agreement it will issue to Big Apple for its services common stock with a market value of $100,000.  The Company also gave Big Apple a one year option to purchase 5,000,000 The Company common shares at $.10 per share, 10,000,000 shares at $.25 per share, and 10,000,000 shares at $.50 per share.  The Consulting Agreement has a term of one year.  On December 27, 2006 the Company also entered into a Sales Agency Agreement (dated December 26, 2006) with Big Apple.  Big Apple agreed to promote the Company’s software branded COMPROTM to the securities industry.  Big Apple also agreed to provide the Company contact information for public companies that could be customers for the COMPROTM.  The Company agreed to pay a fee to Big Apple for each COMPROTM license written to a company referred by Big Apple.  The Company also agreed that when Big Apple has provided the Company 1,000 marketing leads, Big Apple will have an option to purchase common stock that will equal 4.9% of the Companys outstanding stock at a price of $.001 per share. NOTE HNEW PRONOUNCEMENTS  In September 2006 the FASB issued Statement of Financial Accounting Standards (SFAS) No. 157, Fair Value Measurements.  SFAS 157 defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements.  SFAS 157 applies to other accounting pronouncements that require or permit fair value measurements.  SFAS 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007, and interim periods within those years.  The Company is currently evaluating the effect of the guidance contained in SFAS 157 and does not expect the implementation to have a material effect on the Companys financial statements.   ITEM 2.  MANAGEMENTS DISCUSSION AND ANALYSIS  Company Background  From mid-2005 until the fall of 2006 we had been focused on expanding our business operations from their previous exclusive focus on the marketing of our desktop application, the Catalyst EVTM.  As we entered the first quarter of fiscal 2006, the three months ended June 30, 2006, we had developed into a multifaceted provider of marketing services and technology.   We have expanded the Catalyst EVTM product line to include the ComProTM, a desktop application designed specifically for securities professionals.  In addition we have added complementary lines of business, specifically:  Advanced Technology.  With the acquisition of Advance Theory, Inc. at the beginning of the fiscal year, we had a dedicated technology development facility, charged with responsibility for keeping our product offerings on the cutting edge of technology.  9    Email Database.  During the early portion of this fiscal year, our database of deliverable email records grew to 124 million. 80 million of those records are matched with corresponding postal codes. The growth of the database was a result of ongoing co-registration activities. All data is segregated into a variety of demographic selects, including age, gender, income, homeowner/renter, affinity interests, etc.  The transformation of our business plan from mono-focused to multi-faceted occurred at the expense of our near-term efforts to market the Catalyst EVTM.  As the greater portion of our cash and personnel had been dedicated to acquiring and implementing the technology program and the online marketing program, we were forced to curtail our applications marketing program.  During the first six months of fiscal 2007, for example, we took orders for desktop applications from only three customers, representing $210,000 in contract value. However, we expected that the multi-faceted direction of our business will, in the long term, open up substantial markets for the Catalyst EVTM.  In the third quarter of fiscal 2007, which ended on December 31, 2006, our lack of capital resources forced us to terminate our efforts to become a multi-faceted technology provider, and to return to our initial focus on marketing our desktop applications.  During that quarter we closed our Florida operations, returned Advance Theory to its original owners, and terminated the marketing of our email database.  Our business is now exclusively focused on the marketing of the COMPROTM and Catalyst EVTM.  Results of Operations  During the first quarter of fiscal 2007 we recognized $436,260 in revenue, a 31% improvement over the first quarter of fiscal 2006.  Most of the revenue was attributable to email marketing campaigns and related data services such as email append, co-registration, and reverse appends.  Also included in revenue was the sale of one ComProTM, for which we received 50,000 shares of restricted common shares of an AMEX listed company. The bid price of the shares when we acquired them was $52,000.  However we will not be able to sell the shares until Spring of 2007, by which time the price may change considerably.  Despite the growth recorded in the quarter ended June 30, 2006, we came to realize that our business model included significant inefficiencies that, if not attended to immediately, could cause service interruptions as we grew.  For that reason, during the quarter ended September 30, 2006, we suspended our marketing program.  The result was that we realized only $22,491 in revenue during that quarter.  During the same period, we implemented the following program to enhance our sales program:  · We consolidated our Florida and New York operations in our Buffalo office, in order to reduce costs and enhance supervision. · We implemented a full range of hardware and software upgrades, · We enhanced our ComproTM software application to increase the benefits it offers to securities professionals.  In the third quarter, which ended on December 31, 2006, we further refined our operations by eliminating all aspects of our business that are not directly related to the sale of software  10    applications.  Due to the disruption in our business operations brought on by the several stages of change in this fiscal year, we realized only $29,484 in revenue for the quarter ended December 31, 2006.  However we have finally obtained the necessary focus for our business, and expect to report a substantial increase in revenue for the fourth quarter of fiscal 2007.  Our largest expense for the nine month period ended December 31, 2006 was the combination of consulting fees, officers compensation and salaries and wages: $2,457,977.  Of that sum, $1,976,158 was paid in the form of common stock.  The remainder was cash paid or accrued.  The fact that this combination of expenses far exceeds our revenue is evidence of the fact that we remain in, essentially, a period of development.  The personnel responsible for reconstructing our business operations have became the source of our largest ongoing expense. Our next largest expense for the nine months ended December 31, 2006 was the $842,250 agency termination fee that we incurred at the end of the nine months when Mr. Wier terminated his agency agreement with Centale. Our next largest expense for the nine months ended December 31, 2006 was the $703,750 in loan fees that we incurred.  This represented the value of common stock that we issued to two shareholders to induce them to lend us funds for working capital.  Because of Centales poor financial condition, it has not been possible for us to obtain financing on conventional terms.  Until we improve our balance sheet and achieve profitable operations, we will continue to incur large expenses for financing costs. Our next largest expense for the nine months ended December 31, 2006 was the $525,000 impairment of goodwill that we incurred at the end of the nine months when we surrendered Advance Theory to its original owners and terminated our email database marketing operations. The professional fees of $125,546 that we incurred during the first nine months of fiscal 2007 primarily consisted of legal, accounting and bookkeeping fees.  Until we generate revenues in a quantity appropriate for a public company, these expenses that we incur as a result of being a public company will remain disproportionate.  These expenses will also continue to be significant in the near future as the growth of our business will entail the need for considerable legal and accounting experience.  The ratio of these expenses to our revenue will reduce, however, as our full-scale operations yield an increase in revenue. Our business activities during the first nine months of fiscal 2007 resulted in $5,637,251 in expenses, yielding a net loss of $5,337,967.  Besides the specific items discussed above, most of this expense was related to our marketing efforts.  During the next year our marketing expenses will increase as much as our available cash permits, since it is our plan to devote all available resources to the task of establishing Centale as a known player in the rapidly growing field of online marketing.  Liquidity and Capital Resources Since we initiated our current business in 2004, our operations have been funded primarily by the private sale of equity and debt to investors.  During the first nine months of fiscal 2007, our total proceeds from the sale of common stock were $120,709.  In addition, we issued promissory notes to a small number of investors for a total of $734,687.  Most of those notes were converted into common stock in December 2006.  11    Through December 31, 2006, however, we had used all of those funds for our operations.  On December 31, 2006 we had no cash remaining on hand.  At the same time, we had current liabilities totaling $652,846.  Therefore, in order to carry on our business, we must obtain additional capital. We continue to actively seek investment capital, and expect to issue more of our common stock for this purpose in the coming months.  At the present time, however, no one has committed to provide us any additional funds.  Off-Balance Sheet Arrangements  We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition or results of operations.  ITEM 3.  CONTROLS AND PROCEDURES  Evaluation of Disclosure Controls and Procedures.  Our Chief Executive Officer and Chief Financial Officer carried out an evaluation of the effectiveness of our disclosure controls and procedures as of December 31, 2006.  Pursuant to Rule13a-15(e) promulgated by the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, disclosure controls and procedures means controls and other procedures that are designed to insure that information required to be disclosed by Centale in the reports that it files with the Securities and Exchange Commission is recorded, processed, summarized and reported within the time limits specified in the Commissions rules.  Disclosure controls and procedures include, without limitation, controls and procedures designed to insure that information Centale is required to disclose in the reports it files with the Commission is accumulated and communicated to our Chief Executive Officer and Chief Financial Officer as appropriate to allow timely decisions regarding required disclosure.  Based on their evaluation, our Chief Executive Officer and Chief Financial Officer concluded that Centales system of disclosure controls and procedures was effective as of December 31, 2006 for the purposes described in this paragraph.  Changes in Internal Controls.  There was no change in internal controls over financial reporting (as defined in Rule 13a-15(f) promulgated under the Securities Exchange Act or 1934) identified in connection with the evaluation described in the preceding paragraph that occurred during Centales third fiscal quarter that has materially affected or is reasonably likely to materially affect Centales internal control over financial reporting.  PART II   -   OTHER INFORMATION  Item 2.  Changes in Securities and Small Business Issuer Purchase of Equity Securities  (c) Unregistered sales of equity securities  In December 2006 Centale issued 32,529,918 shares of common stock to Go Global, Inc.  The shares were issued in settlement of loans in the aggregate amount of $975,897.55.  The sale was exempt pursuant to Section 4(2) of the Act since the sale was not made in a public offering and  12    was made to an entity whose principal had access to detailed information about Centale and was acquiring the shares for its own accounts.  There were no underwriters. In December 2006 Centale issued 10,373,098 shares of common stock to Kenneth Keller.  The shares were issued in settlement of loans in the aggregate amount of $311,192.95.  The sale was exempt pursuant to Section 4(2) of the Act since the sale was not made in a public offering and was made to an individual who had access to detailed information about Centale and was acquiring the shares for his own accounts.  There were no underwriters. In December 2006 Centale issued 84,224,959 shares of common stock to Thaddeus A. Wier, Jr..  The shares were issued in exchange for Mr. Wiers agreement to terminate his agency agreement with Centale.  The shares were valued at $1,842,250, which was the market value of the stock on the date of the exchange.  The sale was exempt pursuant to Section 4(2) of the Act since the sale was not made in a public offering and was made to an individual who had access to detailed information about Centale and was acquiring the shares for his own accounts.  There were no underwriters. In December 2006 Centale issued 500,000 shares of common stock to each of the four members of its Board of Directors.  The shares were issued in compensation for services.  The shares were valued at the market value of the stock on the date of the exchange.  The sale was exempt pursuant to Section 4(2) of the Act since the sale was not made in a public offering and was made to individuals who had access to detailed information about Centale and were acquiring the shares for their own accounts.  There were no underwriters. In December 2006 Centale issued 3,172,000 shares of common stock to Big Apple Consulting USA, Inc.  The shares were issued in compensation for services.  The shares were valued at $.03 per share, which was the market value of the stock on the date of the exchange.  The sale was exempt pursuant to Section 4(2) of the Act since the sale was not made in a public offering and was made to an entity whose principals had access to detailed information about Centale and was acquiring the shares for its own account.  There were no underwriters. (e) Purchases of equity securities  The Company did not repurchase any of its equity securities that were registered under Section 12 of the Securities Exchange Act during the 3rd quarter of fiscal 2007.  Item 6. Exhibits  31 Rule 13a-14(a) Certification 32 Rule 13a-14(b) Certification  13    SIGNATURES  Pursuant to the  requirements  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.   CENTALE, INC.  Date: February 14, 2007 By: /s/ Thaddeus A. Wier, Jr.  Thaddeus A. Wier, Jr., Chief Executive Officer and Chief Financial Officer  14