U. S.
Securities and Exchange Commission


Washington,
D. C. 20549





FORM
10-Q





[X]
              QUARTERLY
      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934For
      the quarterly period ended December 31,
2008





[
      ]
              TRANSITION
      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934For
      the transition period from _____ to
_____




Commission
File No. 0-50863





NEXXNOW, INC.


(Name of
Small Business Issuer in its Charter)




New
      York
              30-0299889(State
      or Other Jurisdiction of
              (I.R.S.
      Employer I.D. No.)incorporation
      or organization)





37 Hamburg Street,
East Aurora, NY 14052


(Address
of Principal Executive Offices)




Issuer's
Telephone Number: (716) 714-7102





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.


YesX                  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




Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.  See the definitions of “large accelerated filer,”
“accelerated filer” and “smaller reporting company” in Rule 12b-2 of the
Exchange Act. (Check One)




Large
accelerated filer Accelerated filer__  Non-accelerated filer Small reporting company_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, 2009Common
      Voting Stock:  49,419,448
shares











NEXXNOW,
      INC. (f/k/a CENTALE, INC.)CONSOLIDATED
      BALANCE SHEETSDECEMBER
      31, 2008 AND MARCH 31, 2008(UNAUDITED)12/31/08
                                                                                        
                                                                                        
                                                                                        03/31/08ASSETSCurrent
      AssetsCash
      and Cash Equivalents
                                                                                        
                                                                                        
                                                                                        2,467
                                                                                        
                                                                                        
                                                                                        
                                                                                        166Other
      AssetsSoftware
      Development
                                                                                        
                                                                                        
                                                                                        0
                                                                                        
                                                                                        
                                                                                        
                                                                                        153,479Software
      Technology
                                                                                        
                                                                                        
                                                                                        0
                                                                                        
                                                                                        
                                                                                        
                                                                                        129,950Less:
      Accumulated Amortization
                                                                                        
                                                                                        
                                                                                        0
                                                                                        
                                                                                        
                                                                                        
                                                                                        (188,795
                                                                                        )Intangibles
                                                                                        
                                                                                        
                                                                                        576,129
                                                                                        
                                                                                        
                                                                                        
                                                                                        0Total
      Other Assets
                                                                                        
                                                                                        
                                                                                        576,129
                                                                                        
                                                                                        
                                                                                        
                                                                                        94,634TOTAL
      ASSETS
                                                                                        
                                                                                        
                                                                                        578,596
                                                                                        
                                                                                        
                                                                                        
                                                                                        94,800LIABILITIES
      & STOCKERHOLDERS' EQUITY (DEFICIT)Current
      LiabilitiesAccounts
      Payable
                                                                                        
                                                                                        
                                                                                        107,242
                                                                                        
                                                                                        
                                                                                        
                                                                                        144,792Accrued
      Expenses
                                                                                        
                                                                                        
                                                                                        16,606
                                                                                        
                                                                                        
                                                                                        
                                                                                        31,520Loans
      Payable
                                                                                        
                                                                                        
                                                                                        25,000
                                                                                        
                                                                                        
                                                                                        
                                                                                        196,155L/P
      -Stockholders
                                                                                        
                                                                                        
                                                                                        428,337
                                                                                        
                                                                                        
                                                                                        
                                                                                        365,166Payroll
      Tax Liabilities
                                                                                        
                                                                                        
                                                                                        14,211
                                                                                        
                                                                                        
                                                                                        
                                                                                        10,172Total
      Current Liabilities
                                                                                        
                                                                                        
                                                                                        591,396
                                                                                        
                                                                                        
                                                                                        
                                                                                        747,805Total
      Liabilities
                                                                                        
                                                                                        
                                                                                        591,396
                                                                                        
                                                                                        
                                                                                        
                                                                                        747,805Stockholders'
      Equity (Deficit)Common
      Stock:  $.01 Par, 250,000,000 Authorized 14,405,908
      and 1,621,944 Shares Issued and
      Outstanding as of December 31, 2008 and March
      31, 2008 Respectively
                                                                                        
                                                                                        
                                                                                        144,059
                                                                                        
                                                                                        
                                                                                        
                                                                                        16,219Additional
      Paid In Capital
                                                                                        
                                                                                        
                                                                                        10,887,007
                                                                                        
                                                                                        
                                                                                        
                                                                                        9,600,452Accumulated
      Deficit
                                                                                        
                                                                                        
                                                                                        (11,043,866
                                                                                        )
                                                                                        
                                                                                        
                                                                                        (10,269,676
                                                                                        )Total
      Stockholders' Equity (Deficit)
                                                                                        
                                                                                        
                                                                                        (12,800
                                                                                        )
                                                                                        
                                                                                        
                                                                                        (653,005
                                                                                        )TOTAL
      LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)
                                                                                        
                                                                                        
                                                                                        578,596
                                                                                        
                                                                                        
                                                                                        
                                                                                        94,800
  The
accompanying notes are an integral part of these financial
statements.
  1
  NEXXNOW,
      INC. (f/k/a CENTALE, INC.)CONSOLIDATED
      STATEMENTS OF OPERATIONSTHREE
      MONTHS ENDED DECEMBER 31, 2008 AND 2007(UNAUDITED)12/31/08
                                                                                                                          
                                                                                                                          
                                                                                                                          12/31/07ORDINARY
      INCOME / (EXPENSE)REVENUES
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          0DIRECT
      COSTS:Commissions
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          0Subcontracted
      Labor
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          0Technology
      services
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          22,000Total
      Direct Costs
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          22,000GROSS
      MARGIN
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          (22,000
                                                                                                                          )EXPENSESAmortization
                                                                                                                          
                                                                                                                          
                                                                                                                          52,654
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          14,169Consulting
      Services
                                                                                                                          
                                                                                                                          
                                                                                                                          50,507
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          300,000Insurance
      Expense
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          4,829Interest
      Expense
                                                                                                                          
                                                                                                                          
                                                                                                                          5,948
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          0Loan
      Fees
                                                                                                                          
                                                                                                                          
                                                                                                                          25,000
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          0Loss
      on Disposal of Assets
                                                                                                                          
                                                                                                                          
                                                                                                                          5,000
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          0Miscellaneous
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          1,945Office
      Expense
                                                                                                                          
                                                                                                                          
                                                                                                                          298
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          739Professional
      Services
                                                                                                                          
                                                                                                                          
                                                                                                                          2,535
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          11,572Rent
                                                                                                                          
                                                                                                                          
                                                                                                                          500
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          2,516Total
      Expense
                                                                                                                          
                                                                                                                          
                                                                                                                          142,442
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          335,770Loss
      from Operations
                                                                                                                          
                                                                                                                          
                                                                                                                          (142,442
                                                                                                                          )
                                                                                                                          
                                                                                                                          
                                                                                                                          (357,770
                                                                                                                          )Other
      Income / (Expense)Other
      Income / (Expense)
                                                                                                                          
                                                                                                                          
                                                                                                                          48,835
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          6,187NET
      LOSS FOR THE PERIOD
                                                                                                                          
                                                                                                                          
                                                                                                                          (93,607
                                                                                                                          )
                                                                                                                          
                                                                                                                          
                                                                                                                          (351,583
                                                                                                                          )LOSS
      PER SHARE:Basic
                                                                                                                          
                                                                                                                          
                                                                                                                          (0.0065
                                                                                                                          )
                                                                                                                          
                                                                                                                          
                                                                                                                          (0.0017
                                                                                                                          )Fully
      Diluted
                                                                                                                          
                                                                                                                          
                                                                                                                          (0.0065
                                                                                                                          )
                                                                                                                          
                                                                                                                          
                                                                                                                          (0.0017
                                                                                                                          )WEIGHTED
      AVERAGE COMMON SHARES
      OUTSTANDING:Basic
                                                                                                                          
                                                                                                                          
                                                                                                                          14,405,908
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          1,472,470Fully
      Diluted
                                                                                                                          
                                                                                                                          
                                                                                                                          14,405,908
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          1,472,470
  The
accompanying notes are an integral part of these financial
statements.
  2
  NEXXNOW,
      INC. (f/k/a CENTALE, INC.)CONSOLIDATED
      STATEMENTS OF OPERATIONSNINE
      MONTHS ENDED DECEMBER 31, 2008 AND 2007(UNAUDITED)12/31/08
                                                                                                                          
                                                                                                                          
                                                                                                                          12/31/07ORDINARY
      INCOME / (EXPENSE)REVENUES
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          47,916DIRECT
      COSTS:Commissions
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          0Subcontracted
      Labor
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          16,750Technology
      services
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          22,051Total
      Direct Costs
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          38,801GROSS
      MARGIN
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          9,115EXPENSESAdvertising
                                                                                                                          
                                                                                                                          
                                                                                                                          5,005
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          3,817Amortization
                                                                                                                          
                                                                                                                          
                                                                                                                          94,635
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          42,507Consulting
      Services
                                                                                                                          
                                                                                                                          
                                                                                                                          421,862
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          1,083,977Insurance
      Expense
                                                                                                                          
                                                                                                                          
                                                                                                                          1,075
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          17,092Interest
      Expense
                                                                                                                          
                                                                                                                          
                                                                                                                          26,782
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          12,663Loan
      Fees
                                                                                                                          
                                                                                                                          
                                                                                                                          165,500
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          0Loss
      on Disposal of Assets
                                                                                                                          
                                                                                                                          
                                                                                                                          5,000
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          20,592Miscellaneous
                                                                                                                          
                                                                                                                          
                                                                                                                          5,773
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          12,227Office
      Expense
                                                                                                                          
                                                                                                                          
                                                                                                                          12,396
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          13,009Officers'
      Compensation
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          70,000Professional
      Services
                                                                                                                          
                                                                                                                          
                                                                                                                          80,459
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          42,772Rent
                                                                                                                          
                                                                                                                          
                                                                                                                          14,900
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          13,084Salaries
      & Wages
                                                                                                                          
                                                                                                                          
                                                                                                                          0
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          107,605Travel
      Expense
                                                                                                                          
                                                                                                                          
                                                                                                                          19,638
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          296Total
      Expense
                                                                                                                          
                                                                                                                          
                                                                                                                          853,025
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          1,439,641Loss
      from Operations
                                                                                                                          
                                                                                                                          
                                                                                                                          (853,025
                                                                                                                          )
                                                                                                                          
                                                                                                                          
                                                                                                                          (1,430,526
                                                                                                                          )Other
      Income / (Expense)Other
      Income / (Expense)
                                                                                                                          
                                                                                                                          
                                                                                                                          78,835
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          87,354NET
      LOSS FOR THE PERIOD
                                                                                                                          
                                                                                                                          
                                                                                                                          (774,190
                                                                                                                          )
                                                                                                                          
                                                                                                                          
                                                                                                                          (1,343,172
                                                                                                                          )LOSS
      PER SHARE:Basic
                                                                                                                          
                                                                                                                          
                                                                                                                          (0.0663
                                                                                                                          )
                                                                                                                          
                                                                                                                          
                                                                                                                          (0.0066
                                                                                                                          )Fully
      Diluted
                                                                                                                          
                                                                                                                          
                                                                                                                          (0.0663
                                                                                                                          )
                                                                                                                          
                                                                                                                          
                                                                                                                          (0.0066
                                                                                                                          )WEIGHTED
      AVERAGE COMMON SHARES
      OUTSTANDING:Basic
                                                                                                                          
                                                                                                                          
                                                                                                                          11,668,393
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          1,462,963Fully
      Diluted
                                                                                                                          
                                                                                                                          
                                                                                                                          11,668,393
                                                                                                                          
                                                                                                                          
                                                                                                                          
                                                                                                                          1,462,963
  The
accompanying notes are an integral part of these financial
statements.
  3
  NEXXNOW,
      INC. (f/k/a CENTALE, INC.)CONSOLIDATED
      STATEMENTS OF CASH FLOWSNINE
      MONTHS ENDED DECEMBER 31, 2008 AND 2007(UNAUDITED)12/31/08
                                                                                                                  
                                                                                                                  
                                                                                                                  12/31/07CHANGES
      IN ASSETS AND LIABILITIESNet
      Loss for the Period
                                                                                                                  
                                                                                                                  
                                                                                                                  (774,190
                                                                                                                  )
                                                                                                                  
                                                                                                                  
                                                                                                                  (1,343,172
                                                                                                                  )NON-CASH
      ADJUSTMENTSDepreciation
      and  Amortization
                                                                                                                  
                                                                                                                  
                                                                                                                  94,635
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  42,507Common
      Stock issued in exchange for services
                                                                                                                  
                                                                                                                  
                                                                                                                  335,300
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  1,335,800Common
      Stock issued in exchange for loan fee
                                                                                                                  
                                                                                                                  
                                                                                                                  115,500
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  0Gain
      on sale of investments
                                                                                                                  
                                                                                                                  
                                                                                                                  0
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  (22,625
                                                                                                                  )Loss
      on Disposal of Assets
                                                                                                                  
                                                                                                                  
                                                                                                                  5,000
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  20,592Cash
      Flows from Operating ActivitiesAccounts
      Receivable
                                                                                                                  
                                                                                                                  
                                                                                                                  0
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  (27,508
                                                                                                                  )Prepaid
      Expense
                                                                                                                  
                                                                                                                  
                                                                                                                  0
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  (11,485
                                                                                                                  )Accounts
      Payable
                                                                                                                  
                                                                                                                  
                                                                                                                  (37,550
                                                                                                                  )
                                                                                                                  
                                                                                                                  
                                                                                                                  (6,658
                                                                                                                  )Accrued
      Expense
                                                                                                                  
                                                                                                                  
                                                                                                                  (14,914
                                                                                                                  )
                                                                                                                  
                                                                                                                  
                                                                                                                  (203,470
                                                                                                                  )Payroll
      Tax Liabilities
                                                                                                                  
                                                                                                                  
                                                                                                                  4,039
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  (3
                                                                                                                  )Net
      cash provided by Operating Activities
                                                                                                                  
                                                                                                                  
                                                                                                                  (272,180
                                                                                                                  )
                                                                                                                  
                                                                                                                  
                                                                                                                  (216,022
                                                                                                                  )Cash
      Flows from Investing ActivitiesSale
      of investments
                                                                                                                  
                                                                                                                  
                                                                                                                  0
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  72,625Purchases
      of Furniture, Fixtures, Equipment
                                                                                                                  
                                                                                                                  
                                                                                                                  0
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  (1,403
                                                                                                                  )Net
      Cash Used in Investing Activities
                                                                                                                  
                                                                                                                  
                                                                                                                  0
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  71,222Cash
      Flows from Financing ActivitiesProceeds
      of Loans from Stockholders
                                                                                                                  
                                                                                                                  
                                                                                                                  566,665
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  109,685Repayment
      of Loans Payable
                                                                                                                  
                                                                                                                  
                                                                                                                  (317,184
                                                                                                                  )
                                                                                                                  
                                                                                                                  
                                                                                                                  35,073Proceeds
      from Issuance of Common Stock
                                                                                                                  
                                                                                                                  
                                                                                                                  25,000
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  0Net
      cash provided by Financing Activities
                                                                                                                  
                                                                                                                  
                                                                                                                  274,481
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  144,758NET
      CHANGE IN CASH AND CASH EQUIVALENTS
                                                                                                                  
                                                                                                                  
                                                                                                                  2,301
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  (42
                                                                                                                  )CASH
      AND CASH EQUIVALENTS -BEGINNING OF PERIOD
                                                                                                                  
                                                                                                                  
                                                                                                                  166
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  275CASH
      AND CASH EQUIVALENTS - END OF PERIOD
                                                                                                                  
                                                                                                                  
                                                                                                                  2,467
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  233SUPPLEMENTAL
      DISCLOSURESInterest
      Paid
                                                                                                                  
                                                                                                                  
                                                                                                                  0
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  0Income
      Taxes Paid
                                                                                                                  
                                                                                                                  
                                                                                                                  0
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  0SUPPLEMENTAL
      DISCLOSURE OF NON-CASH INVESTING AND
      FINANCING ACTIVITIESCommon
      Stock issued in exchange for Investment in Sub
                                                                                                                  
                                                                                                                  
                                                                                                                  430,100
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  0Common
      Stock issued in Satisfaction of Notes Payable
                                                                                                                  
                                                                                                                  
                                                                                                                  508,495
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  87,662Reduction
      of Investment in FSBO Stock to Fair Value
                                                                                                                  
                                                                                                                  
                                                                                                                  0
                                                                                                                  
                                                                                                                  
                                                                                                                  
                                                                                                                  13,500
  The
accompanying notes are an integral part of these financial
statements.
  4
  NEXXNOW,
      INC. (f/k/a CENTALE, INC.)CONSOLIDATED
      STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)UNAUDITEDNUMBER
      OF
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    ADDITIONAL
                                                                                                                    
                                                                                                                    
                                                                                                                    ACCUMULATED
                                                                                                                    
                                                                                                                    
                                                                                                                    STOCKHOLDERSHARES
                                                                                                                    
                                                                                                                    
                                                                                                                    VALUE
                                                                                                                    
                                                                                                                    
                                                                                                                    PAID
      IN CAPITAL
                                                                                                                    
                                                                                                                    
                                                                                                                    DEFICIT
                                                                                                                    
                                                                                                                    
                                                                                                                    EQUITY(DEFICIT)BALANCE
      - MARCH 31, 2008
                                                                                                                    
                                                                                                                    
                                                                                                                    1,621,944
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    16,219
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    9,600,452
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    (10,269,676
                                                                                                                    )
                                                                                                                    
                                                                                                                    
                                                                                                                    (653,005
                                                                                                                    )Common
      Stock Issued for Cash
                                                                                                                    
                                                                                                                    
                                                                                                                    46,250
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    463
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    24,537
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    -
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    25,000Common
      Stock Issued in Satisfaction of
      Notes Payable
                                                                                                                    
                                                                                                                    
                                                                                                                    678,433
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    6,784
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    501,711
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    -
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    508,495Common
      Stock Issued in Exchange for
      Services
                                                                                                                    
                                                                                                                    
                                                                                                                    1,096,781
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    10,968
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    324,332
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    -
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    335,300Common
      Stock Issued in Exchange for
      Loan Fee
                                                                                                                    
                                                                                                                    
                                                                                                                    212,500
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    2,125
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    113,375
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    -
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    115,500Common
      Stock Issued In Exchange for
      Investment in Sub
                                                                                                                    
                                                                                                                    
                                                                                                                    10,750,000
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    107,500
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    322,600
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    -
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    430,100Net
      Loss for the Period (unaudited)
                                                                                                                    
                                                                                                                    
                                                                                                                    -
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    -
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    -
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    (774,190
                                                                                                                    )
                                                                                                                    
                                                                                                                    
                                                                                                                    (774,190
                                                                                                                    )BALANCE
      - DECEMBER 31, 2008
                                                                                                                    
                                                                                                                    
                                                                                                                    14,405,908
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    144,059
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    10,887,007
                                                                                                                    
                                                                                                                    
                                                                                                                    
                                                                                                                    (11,043,866
                                                                                                                    )
                                                                                                                    
                                                                                                                    
                                                                                                                    (12,800
                                                                                                                    )
  The
accompanying notes are an integral part of these financial
statements.





5





NEXXNOW,
INC.


NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


NINE
MONTHS ENDED DECEMBER 31, 2008





NOTE A -
BASIS OF PRESENTATION





The
interim consolidated financial statements of NexxNow, 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 consolidated 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 consolidated 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, 2008.





The
accompanying unaudited interim consolidated 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.





On April
25, 2008 the Company issued 10,750,000 shares to the shareholders in
exchange for the shares of NexxNow China, Inc., which were valued at
$430,100.  The consolidated financial statements reflect expenses incurred
within NexxNow China, Inc. for the period from April 1 through December
31, 2008.





On April
28, 2008, the Company acquired intangible assets, valued at $576,129,
representing purchased management agreements or contracts associated
with marketing sporting events in the People's Republic of
China (Note E).  Intangible assets will begin to be amortized
once contracts are signed and begin to produce revenue.





New
Pronouncements





In March
2008, the Financial Accounting Standards Board (“FASB”) issued Statement of
Financial Accounting Standard (“SFAS”) No. 161, "Disclosures about Derivative
Instruments and Hedging Activities—an amendment of FASB Statement No.
133”.  SFAS 161 requires enhanced disclosures about an entity’s
derivative and hedging activities.  SFAS 161 is effective for
financial statements issued for fiscal years and interim periods beginning after
November 15, 2008 with early application encouraged.  As such, the
Company is required to adopt these provisions at the beginning of the next
fiscal year on April 1, 2009.  The Company is currently evaluation the
impact of SFAS 161 on its consolidated financial statements but does not expect
it to have a material effect.





6





NEXXNOW,
INC.


NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


NINE
MONTHS ENDED DECEMBER 31, 2008





In May
2008, the Financial Accounting Standards Board ("FASB") issued Statement of
Financial Accounting Standard ("SFAS") No. 163, "Accounting for Financial Guarantee
Insurance Contracts - an interpretation of FASB Statement No. 60"("SFAS
163").  SFAS 163 interprets Statement 60 and amends existing accounting
pronouncements to clarify their application to the financial guarantee insurance
contracts included within the scope of that Statement.  SFAS 163 is
effective for financial statements issued for fiscal years beginning after
December 15, 2008, and all interim periods within those fiscal
years.   As such, the Company is required to adopt these provisions at
the beginning of the next fiscal year on April 1, 2009.  The Company is
currently evaluating the impact of SFAS 162 on its consolidated financial
statements but does not expect it to have a material effect.





NOTE B -
RECLASSIFICATION





Certain
reclassifications have been made to the financial statement presentation in the
prior year to correspond to the current year's format.  Total equity
and net income are unchanged by these reclassifications.





NOTE C -
COMMON STOCK





During
the nine months ended December 31, 2008, the Company issued 1,096,781 shares for
services, 46,250 shares for cash, 10,750,000 shares in exchange for its
investment in NexxNow China, Inc., 678,433 in satisfaction of notes payable and
212,500 shares issued for loan fees.





On March
4, 2008, the Company effected a reverse stock split of the corporation’s common
stock in the ratio of 1:35.  On June 6, 2008, the Company effected a
reverse stock split of the corporation’s common stock in the ratio of
1:4.  All references to shares in this Report reflect both of the
reverse stock splits.





NOTE D -
GOING CONCERN





The
Company's consolidated financial statements have 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 $11,043,866
for the period from date of inception (November 12, 1998) through December 31,
2008.





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.





7




NEXXNOW,
INC.


NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


NINE
MONTHS ENDED DECEMBER 31, 2008





NOTE E –
NEXXNOW CHINA, INC. SHARE EXCHANGE AGREEMENT





On April
28, 2008, the Company acquired all of the outstanding capital stock of NexxNow
China, Inc., a Delaware corporation.  In exchange for the shares of
NexxNow China, the Company issued 10,750,000 shares of its common stock to the
shareholders of NexxNow China, Inc.  The new direction of the Company
will be to engage in the business of marketing sporting events in The People's
Republic of China.  As a result of this transaction, NexxNow, Inc.
recorded Intangibles of $576,129 because the liabilities of NexxNow China, Inc.,
at the time of acquisition, exceeded the assets by $146,129.  The purchase
price was determined to be $430,000, which is the par value of the stock ($.01)
times the 43 million shares (pre 1-for-4 reverse split) issued in the
acquisition.





NOTE F –
REVERSE SPLIT AND NAME CHANGE





On June
6, 2008, Centale filed with the Department of State of the State of New York a
Certificate of Amendment of its Certificate of Incorporation.  The
amendments (1) changed the name of the corporation to NexxNow, Inc. and (2)
effected a reverse stock split of the corporation’s common stock in the ratio of
1:4.  All references to shares in this Report reflect the reverse
stock split.




NOTE G -
AMENDMENT TO CEO’S EMPLOYMENT AGREEMENT




On July
29, 2008 the Company and Paul Riley, who was at that time the
Company’s  Chief Executive Officer, agreed to an amendment of Mr.
Riley’s employment agreement.  As part of the agreement all
outstanding debt owed by the Company to Mr. Riley, which totaled $30,000, was
forgiven. In addition, as a result of the amendment, Mr. Riley surrendered to
the Company 2,242,754 shares of common stock.





NOTE H –
CONSOLIDATION OF DEBT




On November 7, 2008 NexxNow issued to
Kenneth Keller a convertible debenture in satisfaction of obligations of NexxNow
to Kenneth Keller in the amount of $321,647 which also includes consideration of
a loan by him to NexxNow of $15,000.  The debenture matured on January
15, 2009, In connection with that transaction, Mr. Keller agreed to provide the
funds required for the Company to complete its SEC filings and maintain its
fully reporting status.





8





NEXXNOW,
INC.


NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


NINE
MONTHS ENDED DECEMBER 31, 2008





NOTE I –
IMPAIRMENT OF INTANGIBLES





As of December 31, 2008 NexxNow has
eliminated from its balance sheet the remaining book value of its software
development and software technology assets.  The aggregate write-off
was $52,641.  NexxNow took this action based upon (a) the low level of
revenue generated by its software assets during the past 18 months, and (b) the
anticipated effect of the global economic slowdown on future
revenues.  In light of those factors, management determined that any
material realization of value from the software assets was not
probable.  The $52,641 write-off has been recorded as an amortization
expense during the quarter ended December 31, 2008.





NOTE J -
SUBSEQUENT EVENTS





Unregistered Sale of
Securities




On
January 15, 2009, the balance due to Kenneth Keller under the Convertible
Debenture described in Note H was $350,135.40.  On that date, pursuant
to the terms of the debenture, Mr. Keller converted the debenture into
35,013,540 shares of NexxNow common stock, representing 71% of the outstanding
shares.








9




ITEM
2.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS





Forward-Looking
Statements: No Assurances Intended





In
addition to historical information, this Quarterly Report contains
forward-looking statements, which are generally identifiable by use of the words
“believes,” “expects,” “intends,” “anticipates,” “plans to,” “estimates,”
“projects,” or similar expressions. These forward-looking statements represent
Management’s belief as to the future of NexxNow.  Whether those
beliefs become reality will depend on many factors that are not under
Management’s control.  Many risks and uncertainties exist that could
cause actual results to differ materially from those reflected in these
forward-looking statements. Factors that might cause such a difference include,
but are not limited to, those discussed in the section entitled “Management’s
Discussion and Analysis of Financial Condition and Results of Operations—Risk
Factors That May Affect Future Results.” Readers are cautioned not to place
undue reliance on these forward-looking statements. We undertake no obligation
to revise or publicly release the results of any revision to these
forward-looking statements.





Results of Operations




In April 2008 we acquired ownership of
NexxNow China, Inc., and turned our attention to developing the business plan of
that company.  NexxNow China intends to engage in marketing sports
events in The People’s Republic of China.  Toward that end, in July
2008 we entered into a joint venture with the Premier Basketball League (“PBL”),
which contemplates that we will organize teams in China to participate in the
PBL, and will develop marketing programs to take advantage of the cross-cultural
interest that such an international basketball league should
inspire.




Initially our plan was to utilize our
own PBL member team, the Dragons, as the focus of our broadcast
operations.  Due to lack of funding, however, we were unable to
complete the roster.  In addition, as we have not yet achieved a
broadcast contract, there was no business purpose to sponsoring a PBL team
during the current season.  For that reason, in September we
surrendered our franchise to the league.  Our plan is now to focus
exclusively on teams developed within China that will be matched in competition
with each other and with the U.S. – based members of the PBL.




Due primarily to our lack of funds, all
of our activities in the three and nine month periods ended December 31, 2008
involved planning.  We generated no revenue and, so, incurred no
direct costs.  This situation did not, however, differ significantly
from the Company’s operations in the nine month period ended December 31, 2007,
when we sold three software applications for a total of $47,916 and earned gross
margin of $38,801.




Since we
have no employees, the largest category of recurring expenses during the three
and nine month periods ended December 31, 2008 was consulting fees, which
totaled $50,507 in the three months ended December 31, 2008 and $421,862 in the
nine months ended December 31, 2008.  Only a small portion of these
expenses were paid in cash, however.  During the nine months ended
December 31, 2008 the market value of the common stock we issued in exchange for
services totaled $335,300.





10





The next
largest category of recurring expense that we incurred during the three and nine
months ended December 31, 2008 was loan fees, which totaled $25,000 in the three
month period and $165,500 in the nine month period.  This represents
the expenses we incurred in order to fund our operations.  The
$165,500 in loan fees represents $115,500 of common stock that we issued to
certain shareholders and $50,000 through issuance of loans payable to induce
them to lend us funds for working capital.  Because of NexxNow’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.




In the
past 18 months we have sold only four licenses for our ACE
technology.  We continue to believe that the ACE technology can be an
important part of our business plan.  The lack of revenue from the
technology, however, has made its market value questionable.  For that
reason, at December 31, 2008 we eliminated from our balance sheet $52,641,
representing the remaining unamortized book value of our software development
assets and software technology assets.  That one-time expense of
$52,641 increased our net loss for the first nine months of fiscal
2009.




Our
business activities during the three months ended December 31, 2008 resulted in
$142,442 in expenses.  We earned $48,835 by settling old accounts
payable, with the result that our net loss for the quarter was
$93,607.  For the nine month period ended December 31, 2008, our
$853,025 in expenses were offset only by  $78,835 in other income
gained from the settlement of old accounts payable and debt forgiveness,
resulting in a net loss of $774,190.  Until the NexxNow China business
begins to generate significant revenue, we will continue to incur
losses.  In its audit report on our financial statements for the year
ended March 31, 2008, our independent accountants expressed doubt as to our
ability to continue as a going concern.  We believe that our business
plan is sufficiently full of opportunity that we will be able to grow and
prosper.  But many obstacles stand in our way, and our future
prosperity is not assured.





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 our fiscal year ended March 31, 2008,
our operations were funded by loans from shareholders and
investors.  During the nine months ended December 31, 2008, we
incurred an additional $249,481 in debt and also funded our cash shortfall by
selling common stock for $25,000.  Through December 31, 2008, however,
we had used almost all of those funds for our operations.




When
fiscal year 2008 ended on March 31, 2008, our balance sheet showed a working
capital deficit of $747,639.  Since that date, however, we have
significantly improved our balance sheet.  In April 2008 three
creditors agreed to take common stock in exchange for $401,549 in
debt.  Subsequently, in June 2008 the five holders of $106,946 in debt
assumed by NexxNow in connection with its acquisition of NexxNow China converted
that debt into common stock.  As a result, at December 31, 2008, our
working capital deficit had been reduced to $588,929.  Subsequently,
our working capital position was further improved, when on January 15, 2009
Kenneth Keller converted $350,135 in debt into common
stock   Nevertheless, we currently have almost no cash on hand
and no other liquid assets.  Therefore, in order to carry on our
business, we must obtain additional capital.




We
continue to actively seek investment capital.  At the present time,
however, no one has committed to provide us any additional funds.





11




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.





Risk Factors That May Affect Future
Results





You should carefully consider the risks
described below before buying our common stock.  If any of the risks
described below actually occurs, that event could cause the market value of our
common stock to decline, and you could lose all or part of your
investment.




We have no source of revenue at this
time.




NexxNow China was organized last
year.  It has developed a number of relationships with media providers
and with participants in the basketball industry.  None of those
relationships, however, has developed into a source of revenue.  The
viability of our company will depend on management’s success in developing
significant sources of revenue.




Our inability to pay our debts could
prevent us from continuing in business.




At December 31, 2008 we had $2,467 in
cash and no other current assets to balance $591,396 in current
liabilities.  In order for us to continue in business, it will be
necessary that we obtain additional capital.  If we are unable to
obtain sufficient capital, we will not survive in business.  We have
no commitment from any source to provide us further financing.





We
will need to issue a substantial amount of equity in order to fund our business
operations.




Because
of our lack of liquid assets, it will be necessary for us to issue a substantial
amount of equity during the remainder of fiscal 2009 and fiscal 2010 in order to
fund our operations.  These sales of equity will dilute the interest
of current shareholders in our company.  In addition, to the extent
that we sell the equity for prices below market, the sale of equity will also
dilute the value of the shares held by our current shareholders.





Our technology could be replicated by
competitors.




The
technology captured within the ACE platform is the result of five years of
development by NexxNow and its predecessors.  However, a sophisticated
software development company could replicate our technology today in a matter of
months.  If a large software distributor undertook direct competition
with us, its superior capital resources could hinder or defeat our efforts to
capture a significant market position.





12




We
rely on outsourcing for design and development.




NexxNow
employs no designers, no engineers and no programmers.  All of the
development services required to fulfill our contracts for desktop applications
will be performed by companies under contract to us.  The outsourcing
process opens us up to several risks, including delays in fulfilling our
contracts, delays in obtaining necessary technology, and potential loss of our
trade secrets.





NexxNow is not likely to hold annual
shareholder meetings in the next few years.




New York corporation law provides that
members of the board of directors retain authority to act until they are removed
or replaced at a meeting of the shareholders.  The holders of ten
percent of the outstanding common stock may demand that an annual meeting be
held.  But absent such a demand, the board has no obligation to call a
shareholders meeting.  Unless a shareholders meeting is held, the
existing directors elect directors to fill any vacancy that occurs on the board
of directors.  The shareholders, therefore, have no control over the
constitution of the board of directors, unless a shareholders meeting is
held.




NexxNow has never held an annual or a
special meeting of shareholders.  The Board of Directors of NexxNow
consists of individuals who were elected to their positions by previous members
of the Board of Directors.  Management does not expect to hold annual
meetings of shareholders in the next few years, due to the expense
involved.  Therefore, any new members of the Board of Directors or any
replacements for current members will be nominated and elected by the present
members of the Board.





The volatility of the market for
NexxNow common stock may prevent a shareholder from obtaining a fair price for
his shares.




NexxNow at the present time has fewer
than 500 shareholders and only a small number of market makers.  As a
result, the market price for our common stock is volatile, at times moving over
100% in one day.  Unless and until the market for our common stock
grows and stabilizes, the common shares you purchase will remain
illiquid.  A shareholder in NexxNow who wants to sell his shares,
therefore, runs the risk that at the time he wants to sell, the market price may
be much less than the price he would consider to be fair.





Only a small portion of the investment
community will purchase “penny stocks” such as NexxNow common
stock.




NexxNow’ common stock is defined by the
SEC as a “penny stock” because it trades at a price less than $5.00 per
share.  SEC Rule 15g-9 under the Securities Exchange Act of 1934
imposes additional sales practice requirements on broker-dealers that recommend
the purchase or sale of penny stocks to persons other than those who qualify as
an "established customer" or an "accredited investor."  This includes
the requirement that a broker-dealer must make a determination on the
appropriateness of investments in penny stocks for the customer and must make
special disclosures to the customer concerning the risks of penny
stocks.  Many brokerage firms will discourage their customers from
purchasing penny stocks, and even more brokerage firms will not recommend a
penny stock to its customers.  Most institutional investors will not
invest in penny stocks.  In addition, many individual investors will
not consider a purchase of a penny stock due, among other things, to the
negative reputation that attends the penny stock market.  As a result
of this widespread disdain for penny stocks, there will be a limited market for
NexxNow’ common stock as long as it remains a “penny stock.”  This
situation may limit the liquidity of your shares.





13




ITEM
3  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
RISK





Not
applicable.





ITEM
4.  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, 2008.  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 NexxNow 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 NexxNow
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 his evaluation, our Chief Executive Officer and
Chief Financial Officer concluded that NexxNow’s system of disclosure controls
and procedures was effective as of December 31, 2008 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 NexxNow’s third fiscal
quarter that has materially affected or is reasonably likely to materially
affect NexxNow’s internal control over financial reporting.





PART
II   -   OTHER INFORMATION





Item 2.
              Changes in Securities
      and Small Business
      Issuer Purchase of Equity SecuritiesSale of Unregistered
      Securities




None.




Item
      6.
                  Exhibits31
                  Rule
      13a-14(a) Certification32
                  Rule
      13a-14(b) Certification




14




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.





NEXXNOW,
      INC.Date:
      February 17, 2008
              By:
      /s/ Sterling
      ShepperdSterling
      Shepperd, Chief Executive Officer and Chief Financial
    Officer








15