SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                            -------------------------

                                   FORM 10-QSB
                            -------------------------

 Quarterly Report Pursuant To Section 13 Or 15(d) Of The Securities Exchange Act
                                    Of 1934

                 For The Quarterly Period Ended October 31, 2006

                        Commission File Number: 000-30432

                            ARBOR ENTECH CORPORATION
             (Exact name of registrant as specified in its charter)

                Delaware                                 22-2335094
(State of jurisdiction of Incorporation)    (I.R.S. Employer Identification No.)

                                   PO Box 656
                              Tuxedo Park, NY 10987
                    (Address of principal executive offices)

                                 (201) 782-9237
                         (Registrant's telephone number)

                                 Not Applicable
      (Former name, address and fiscal year, if changed since last report)
                            -------------------------


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

                                 Yes |X| No |_|

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act).

                                 Yes |X| No |_|

As of October 31, 2006, the registrant had a total of 7,050,540 shares of Common
Stock outstanding.

<PAGE>

                            ARBOR ENTECH CORPORATION

                          Form 10-QSB Quarterly Report
                                Table Of Contents

<TABLE>
<CAPTION>
                                                                                                       Page

PART I. FINANCIAL INFORMATION

<S>          <C>                                                                                       <C>
   Item 1.   Financial Statements (Unaudited)

             Condensed Balance Sheet as of October 31, 2006                                               3

             Condensed Statements of Operations for the three Months Ended October 31, 2006               4
               and October 31, 2005

             Condensed Statements of Cash Flows for the three Months Ended October 31, 2006               5
                and October 31, 2005

             Notes to Condensed Financial Statements                                                      6

   Item 2.   Management's Discussion and Analysis of Financial Condition and Results of Operations        7

   Item 3.   Controls and Procedures                                                                      9

PART II. OTHER INFORMATION                                                                               10
</TABLE>

<PAGE>

                          PART I. FINANCIAL INFORMATION


                            ARBOR ENTECH CORPORATION
                             CONDENSED BALANCE SHEET
                                OCTOBER 31, 2006
                                   (Unaudited)


                                     ASSETS

Current Assets:
  Cash and Cash Equivalents                                         $   449,219
  Prepaid Expenses                                                          711
                                                                    -----------

         Total Current Assets                                           449,930
                                                                    -----------

Total Assets                                                        $   449,930
                                                                    ===========



LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
  Accounts Payable and Accrued Liabilities                          $     4,129
                                                                    -----------

         Total Current Liabilities                                        4,129
                                                                    -----------

Commitments and Contingencies

Stockholders' Equity:
  Common Stock, $.001 Par Value; Authorized
    10,000,000 Shares; Issued and Outstanding
    7,050,540 Shares                                                      7,050
  Additional Paid-In Capital                                          2,365,441
  Retained Earnings (Deficit)                                        (1,926,690)
                                                                    -----------

         Total Stockholders' Equity                                     445,801
                                                                    -----------

                                                                    $   449,930

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


                                       3
<PAGE>
                            ARBOR ENTECH CORPORATION
                        CONDENSED STATEMENT OF OPERATIONS
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                     Three Months Ended              Six Months Ended
                                                 --------------------------    --------------------------
                                                             October 31,                October 31,
                                                 --------------------------    --------------------------
                                                    2006             2005          2006           2005
                                                 -----------    -----------    -----------    -----------

<S>                                              <C>            <C>            <C>            <C>
Net Sales                                        $        --    $        --    $        --    $        --
                                                 -----------    -----------    -----------    -----------

Costs and Expenses:
  Selling, General and Administrative Expenses         4,460         10,719          7,594         15,441
                                                 -----------    -----------    -----------    -----------
                                                       4,460         10,719          7,594         15,441
                                                 -----------    -----------    -----------    -----------

Loss from Operations                                  (4,460)       (10,719)        (7,794)       (15,441)
                                                 -----------    -----------    -----------    -----------

Other Income:
  Interest                                               456            491            922            793
  Other                                                   --             --             --             15
                                                 -----------    -----------    -----------    -----------

                                                         456            491            922            808
                                                 -----------    -----------    -----------    -----------

Net Loss                                         $    (4,004)   $   (10,228)   $    (6,672)   $   (14,633)
                                                 ===========    ===========    ===========    ===========

Loss Per Common Share - Basic                    $      (.00)   $      (.00)   $      (.00)   $      (.00)
                                                 ===========    ===========    ===========    ===========

Weighted Average Shares Outstanding                7,050,540      7,050,540      7,050,540      7,050,540
                                                 ===========    ===========    ===========    ===========
</TABLE>

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


                                       4
<PAGE>

                            ARBOR ENTECH CORPORATION
                        CONDENSED STATEMENT OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                  Six Months Ended
                                                             ----------------------
                                                                   October 31,
                                                             ----------------------
                                                                 2006        2005
                                                             ---------    ---------

<S>                                                          <C>          <C>
Cash Flows from Operating Activities:
  Net Loss                                                   $  (6,672)   $ (14,633)
                                                             ---------    ---------
  Adjustments to Reconcile Net Loss to Net Cash
    (Used) in Operating Activities:
  Depreciation                                                      --           --
  Decrease in Deferred Tax Assets                                   --       81,762
  Decrease in Deferred Tax Liabilities                              --      (81,762)
  Changes in Operating Assets and Liabilities:
    Decrease in Miscellaneous Receivable                            --          826
    Decrease in Prepaid Expenses                                    --        1,531
    (Decrease) in Accounts Payable and Accrued Liabilities      (6,956)      (1,887)
                                                             ---------    ---------

            Total Adjustments                                   (6,956)         470
                                                             ---------    ---------

Net Cash (Used) in Operating Activities                        (13,628)     (14,163)
                                                             ---------    ---------

Cash Flows from Investing Activities:
  Proceeds from Receivable from Sale of Real Property               --      213,589
                                                             ---------    ---------

Net Cash Provided by Investing Activities                           --      213,589
                                                             ---------    ---------

Cash Flows from Financing Activities:                               --           --
                                                             ---------    ---------

Increase (Decrease) in Cash and Cash Equivalents               (13,628)     199,426

Cash and Cash Equivalents - Beginning of Period                462,847      285,071
                                                             ---------    ---------

Cash and Cash Equivalents - End of Period                    $ 449,219    $ 484,497
                                                             =========    =========


Supplemental Cash Flow Information:
  Cash Paid for Interest                                     $      --    $      --
                                                             =========    =========

  Cash Paid for Income Taxes                                 $      --    $      --
                                                             =========    =========
</TABLE>

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


                                       5
<PAGE>

                           ARBOR ENTECH CORPORATION
                     NOTES TO CONDENSED FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 1 - Unaudited Interim Financial Statements

      In the opinion of the Company's  management,  the  accompanying  unaudited
condensed  financial  statements  contain all  adjustments  (consisting  of only
normal  recurring  adjustments)  necessary to present fairly the information set
forth  therein.  These  financial  statements are condensed and therefore do not
include all of the information and footnotes  required by accounting  principles
generally  accepted  in the United  States of  America  for  complete  financial
statements.

      Results of operations for interim periods are not  necessarily  indicative
of the results of operations for a full year.


                                       6
<PAGE>

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

Forward-Looking Statements

The information contained in this Form 10-QSB and documents  incorporated herein
by reference are intended to update the  information  contained in the Company's
Form 10-KSB for its fiscal year ended April 30, 2006 which  includes our audited
financial  statements  for the year ended  April 30,  2006 and such  information
presumes  that  readers  have access to, and will have read,  the  "Management's
Discussion and Analysis of Financial  Condition and Results of  Operations,  and
other  information  contained in such Form 10-KSB and other Company filings with
the Securities and Exchange Commission ("SEC").

This Quarterly Report on Form 10-QSB contains forward-looking  statements within
the  meaning of Section  27A of the  Securities  Act of 1933,  as  amended,  and
Section  21E  of  the  Securities  Exchange  Act  of  1934,  as  amended.  These
forward-looking  statements involve risks and uncertainties,  and actual results
could be  significantly  different  than those  discussed  in this Form  10-QSB.
Certain   statements   contained  in   Management's   Discussion  and  Analysis,
particularly  in "Liquidity and Capital  Resources,"  and elsewhere in this Form
10-QSB are forward-looking statements. These statements may discuss, among other
things,  expected growth,  future revenues and future  performance.  Although we
believe the expectations expressed in such forward-looking  statements are based
on reasonable  assumptions within the bounds of our knowledge of our business, a
number of factors  could cause actual  results to differ  materially  from those
expressed in any forward-looking statements, whether oral or written, made by us
or on our  behalf.  The  forward-looking  statements  are  subject  to risks and
uncertainties including,  without limitation, the following: (a) the lack of any
current  business  operations,  (b) the  possible  failure  to obtain a suitable
business acquisition  candidate,  and (c) the specific risks of any new business
or acquisition.  The foregoing  should not be construed as an exhaustive list of
all factors  that could cause  actual  results to differ  materially  from those
expressed  in  forward-looking   statements  made  by  us.  All  forward-looking
statements  included in this  document are made as of the date hereof,  based on
information  available  to the  Company  on the date  thereof,  and the  Company
assumes no obligation to update any forward-looking statements.

      These  forward-looking  statements  often can be  identified by the use of
predictive,  future-tense or  forward-looking  terminology,  such as "believes,"
"anticipates," "expects," "estimates," "plans," "may," or similar terms.

General

      We were a wood products  company that had been in business since 1980. Our
business  fluctuated over the years. We were almost wholly dependent on sales to
The Home  Depot,  Inc.  As  discussed  below in  "Discontinued  Operations,"  on
September 2, 2003, we discontinued our wood products business.

      At present, we our seeking other business opportunities,  but there can be
no assurance that such opportunities  will be identified,  engaged in, or result
in any profits.

Results of Operations

      Since we discontinued our wood products business, there were no sales from
continuing  operations  during the years  ended  April 30, 2006 and 2005 and the
quarter ended and six months ended October 31, 2006.

      Selling,  general and administrative  expenses were $4,460 for the quarter
ended October 31, 2006, as compared to $10,719 for the comparable  period of the
prior year. Selling, general and administration expenses were $7,594 for the six
months ended October 31, 2006, as compared to $15,441 for the comparable  period
of the prior year.

      For the quarter  ended  October 31,  2006,  we had a net loss of $4,004 as
compared to a net loss of $10,228 for the  comparable  period of the prior year.
For the six  months  ended  October  31,  2006,  we had a net loss of  $6,672 as
compared to $14,633 for the comparable period of the prior year.


                                       7
<PAGE>

Discontinued Operations

      On  September 2, 2003,  we informed  Home Depot that we would no longer do
business with that company due to increased difficulties in transacting business
with Home  Depot on a  profitable  basis.  We stated to Home  Deport  that these
difficulties  included Home Depot's  prohibition against price increases despite
increases in our costs of production, a diminution in the Home Depot territories
we were allowed to sell product to, and Home Depot's demands  regarding  returns
of ordered products that we were unwilling to accede to for economic reasons. As
a result, on September 2, 2003, we discontinued our wood products business.  The
sale of our real estate  resulted in a gain of  approximately  $186,000  for the
year ended April 30, 2005.

Liquidity and capital resources

      In the prior periods  discussed  above,  our working capital  requirements
were met  primarily  from sales  generated  by our  discontinued  wood  products
business. At October 31, 2006, we had working capital of $445,801.

      As at October 31,  2006,  we had cash and cash  equivalents  of  $449,219,
which  represented  substantially  all of our total  assets.  We believe we have
adequate working capital to search for business  opportunities  for at least the
next 12 months.

      On July 20, 2005,  we closed on the sale of our real  property  located in
Little Marsh,  Pennsylvania and realized net proceeds of approximately $214,000.
This amount was  reported as a  receivable  at April 30, 2005 because we entered
into the contract of sale on April 15, 2005.  The payment of this  receivable in
the  first  quarter  of fiscal  2006  resulted  in cash  provided  by  investing
activities of approximately $214,000 for the six months ended October 31, 2005.

      Net cash was used in operating activities for the six months ended October
31, 2006 and October 31, 2005 of 13,628 and $14,163, respectively.

      Since  terminating  our wood  products  business in  September  2002,  the
Company  has been  unable  to find a  suitable  business  opportunity  or merger
candidate  considering  the limited cash resources  available to the Company and
that the  Company's  Common  Stock has a limited and  sporadic  trading  market.
Nevertheless, Management is continuing to explore various business opportunities
that may be available  to it. As of the filing date of this Form  10-QSB,  there
are no known trends or any known demands,  commitments,  events or uncertainties
that will  result in or that are  reasonably  likely to result in the  Company's
liquidity  increasing or decreasing in any material way. Further, at the present
time,  the Company has no  commitments  for  capital  expenditures  and does not
anticipate  same  until it  establishes  a business  or  acquires  an  operating
business, of which there can be no assurances given.

Off-Balance Sheet Transactions

      We  do  not  have  any  transactions,   agreements  or  other  contractual
arrangements that constitute off-balance sheet arrangements.

                   Application Of Critical Accounting Policies

      Our financial statements and accompanying notes are prepared in accordance
with accounting  principles  generally accepted in the United States of America.
Preparing  financial  statements  requires  management  to  make  estimates  and
assumptions  that affect the reported amounts of assets,  liabilities,  revenue,
and expenses.  These  estimates  and  assumptions  are affected by  management's
application  of accounting  policies.  Critical  accounting  policies for use of
estimates, accounting for stock-based compensation and environmental remediation
costs.

      The preparation of financial  statements in conformity with U.S. generally
accepted  accounting  principles  requires  management  to  make  estimates  and
assumptions  that affect the reported  amounts of assets and liabilities and the
disclosure of  contingent  assets and  liabilities  at the date of the financial
statements  and the  reported  amounts  of  revenues  and  expenses  during  the
reporting period. Actual results could differ from those estimates.


                                       8
<PAGE>

ITEM 3.  CONTROLS AND PROCEDURES

The Company  maintains  disclosure  controls and procedures that are designed to
ensure that information  required to be disclosed in the Company's  Exchange Act
reports is recorded, processed,  summarized and reported within the time periods
specified in the SEC's rules and forms, and that such information is accumulated
and  communicated  to the Company's  management,  including its Chief  Executive
Officer and Chief Financial Officer,  as appropriate,  to allow timely decisions
regarding  required  disclosure  based closely on the  definition of "disclosure
controls and  procedures"  in Rule  13a-15(e).  In designing and  evaluating the
disclosure controls and procedures,  management recognized that any controls and
procedures,  no  matter  how  well  designed  and  operated,  can  provide  only
reasonable assurance of achieving the desired control objectives, and management
necessarily  was required to apply its judgment in evaluating  the  cost-benefit
relationship  of possible  controls and  procedures.  The Company carried out an
evaluation,  under the supervision and with the  participation  of the Company's
management,  including the Company's Chief  Executive  Officer and the Company's
Chief Financial Officer, of the effectiveness of the design and operation of the
Company's  disclosure  controls  and  procedures.  Based on the  foregoing,  the
Company's Chief Executive Officer and Chief Financial Officer concluded that the
Company's  disclosure  controls and procedures  were effective at the reasonable
assurance  level at the end of our  most  recent  quarter.  There  have  been no
changes in the Company's  disclosure controls and procedures or in other factors
that could affect the  disclosure  controls  subsequent  to the date the Company
completed its evaluation. Therefore, no corrective actions were taken.


                           PART II. OTHER INFORMATION

ITEM 1.     LEGAL PROCEEDINGS:

As of the filing  date of this Form  10-QSB,  we are not a party to any  pending
legal proceedings.

ITEM 2.     CHANGES IN SECURITIES.

(a)   In the  three  months  ended  October  31,  2006,  there  were no sales of
      unregistered securities.

(b)   Rule 463 of the Securities Act is not applicable to the Company.

(c)   In the three months ended  October 31, 2006 there were no  repurchases  by
      the Company of its Common Stock.

ITEM 3.     DEFAULTS UPON SENIOR SECURITIES

            Not applicable.

ITEM 4.     SUBMISSIONS OF MATTERS TO A VOTE OF SECURITY HOLDERS:

            Not applicable.

ITEM 5.     OTHER INFORMATION:

            None.


                                       9
<PAGE>

ITEM 6.     EXHIBITS:

            Except for the  exhibits  listed  below as filed  herewith or unless
            Otherwise  noted,  all other required  exhibits have been previously
            filed  with  the  Securities  and  Exchange   Commission  under  the
            Securities  Exchange  Act of 1934,  as amended,  on Form  10-SB,  as
            amended (file no. 000-51160).


      3.a.  Our Articles of Incorporation (1)

      3.b.  Our By-Laws (2)

      31.1  Certification  pursuant to Section 302 of the  Sarbanes-Oxley Act of
            2002 from the Company's Chief Executive Officer (3)

      31.2  Certification  pursuant to Section 302 of the  Sarbanes-Oxley Act of
            2002 from the Company's Chief Financial Officer (3)

      32.1  Certification  pursuant to Section 906 of the  Sarbanes-Oxley Act of
            2002 from the Company's Chief Executive Officer (3)

      32.2  Certification  pursuant to Section 906 of the  Sarbanes-Oxley Act of
            2002 from the Company's Chief Financial Officer (3)

_______________________________
            (1)   Previously  filed as an exhibit to the Company's  Registration
                  Statement  on Form  10-SB (SEC File No.  0-30432)  filed on or
                  about  July  30,  1999,  and   incorporated   herein  by  this
                  reference.

            (2)   Previously  filed  as an  exhibit  to  Amendment  No. 1 to the
                  Company's  Registration  Statement on Form 10-SB (SEC File No.
                  01-15207)  filed on or about August 2, 1999, and  incorporated
                  herein by this reference.

            (3)   Filed herewith.


                                       10
<PAGE>

                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) 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.


                                        ARBOR ENTECH CORPORATION


Date: November 30 2006                  By: /s/ Harvey Houtkin
                                            ------------------------------------
                                            Harvey Houtkin,
                                            Chairman of the Board,
                                            Chief Executive Officer


Date: November 30, 2006                 By: /s/ Mark Shefts
                                            ------------------------------------
                                            Mark Shefts,
                                            Chief Financial Officer


                                       11