**United
      States**


**SECURITIES
      AND EXCHANGE COMMISSION**


**Washington,
      D.C. 20549**


**FORM
      10-QSB**


þ
            
            **QUARTERLY
                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
                1934**


**For
      the quarterly period ended: September 30, 2007**


o
            
            **TRANSITION
                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
                1934**





**Commission
      File No. 000-51783**


**NOVINT
      TECHNOLOGIES, INC.**


(Name
      of
      Small Business Issuer in its Charter)


**Delaware**
            
            **85-0461778**(State
                of Incorporation)
            
            (IRS
                Employer ID. No.)**4109
                Bryan Avenue NW, Albuquerque, New Mexico**
            
            **87114**(Address
                of Principal Executive Offices)
            
            (Zip
                Code)





Issuer’s
      telephone number, including area code **:
      (866) 298-4420**





Check
      whether the issuer: (1) filed all reports required to be filed by
      Section 13 or 15(d) of the Exchange Act during the past 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 þ No o





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




APPLICABLE
      ONLY TO CORPORATE ISSUERS:





State
      the
      number of shares outstanding of each of the issuer’s classes of common equity as
      of the latest practicable date: As of November 12, 2007 there were 31,898,955
      shares of common stock outstanding and no other outstanding classes of a common
      equity security.





Transitional
      Small Business Disclosure Form (Check one): Yes o No þ















**TABLE
      OF CONTENTS**


PART
                  I — FINANCIAL INFORMATION
              3Item 1.
                  Financial Statements
              3Item 2.
                  Management’s Discussion and Analysis or Plan of Operation
              16Item 3.
                  Controls and Procedures
              20PART
                  II — OTHER INFORMATION
              21Item 1.
                  Legal Proceedings
              21Item 2.
                  Unregistered Sales of Equity Securities and Use of
                  Proceeds
              21Item 3.
                  Defaults Upon Senior Securities
              21Item 4.
                  Submission of Matters to a Vote of Security Holders
              21Item 5.
                  Other Information
              22Item 6.
                  Exhibits
              22SIGNATURES
              26Exhibit
                  31Exhibit
                  32




2







**PART
      1 — FINANCIAL INFORMATION**




**Item
      1. Financial Statements**




**Novint
        Technologies, Inc.**
 **BALANCE
        SHEET**
 **(Unaudited)**
 
 September
                  30, 2007**ASSETS**CURRENT
                  ASSETS:Cash
                  and cash equivalents
              
              $
              2,680,334Investment
                  in marketable debt instruments, held-to-maturity
              
              
              1,993,633Accounts
                  receivable
              
              
              31,804Prepaid
                  expenses and other current assets
              
              
              578,811Inventory
              
              
              133,308Costs
                  and estimated earnings in excess of billings on contracts
              
              
              5,892Deposit
                  on purchase of inventory
              
              
              648,960Total
                  current assets
              
              
              6,072,742PROPERTY
                  AND EQUIPMENT, NET
              
              
              500,464SOFTWARE
                  DEVELOPMENT COSTS, NET
              
              
              642,830INTANGIBLE
                  ASSETS, NET
              
              
              401,156Total
                  assets
              
              $
              7,617,192**LIABILITIES
                  AND STOCKHOLDERS' EQUITY**CURRENT
                  LIABILITIES:Accounts
                  payable
              
              $
              229,265Accrued
                  payroll related liabilities
              
              
              117,622Accrued
                  expenses
              
              
              283,439Accrued
                  expenses - related parties
              
              
              18,753Deferred
                  revenue
              
              
              46,779Total
                  current liabilities
              
              
              695,858COMMITMENTS
                  AND CONTINGENCIESSTOCKHOLDERS'
                  EQUITY:Common
                  stock, authorized 150,000,000 shares, $0.01 par value; 31,898,955
                  shares
                  issued and outstanding
              
              
              318,990Additional
                  paid-in capital
              
              
              24,800,998Accumulated
                  deficit
              
              
              (18,194,049
              )Accumulated
                  other comprehensive income (loss)
              
              
              (4,605
              )Total
                  stockholders' equity
              
              
              6,921,334Total
                  liabilities and stockholders' equity
              
              $
              7,617,192
 The
          accompanying notes are an integral part of these financial statements.






3





**Novint
        Technologies, Inc.**
 **STATEMENTS
        OF OPERATIONS**
 **(Unaudited)**
 
 For
                  The Three Months
                EndedSeptember
                  30,
              
              For
                  The Nine Months
                EndedSeptember
                  30,2007
              
              2006
              
              2007
              
              2006Revenue:Project
              
              $
              5,892
              
              $
              56,212
              
              $
              164,796
              
              $
              137,562Product
              
              
              81,785
              
              
              (231
              )
              
              117,275
              
              
              1,980Total
                  revenue
              
              
              87,677
              
              
              55,981
              
              
              282,071
              
              
              139,542Cost
                  of goods sold:Project
              
              
              2,569
              
              
              37,132
              
              
              126,304
              
              
              100,699Product
              
              
              87,896
              
              
              -
              
              
              129,341
              
              
              -Total
                  cost of goods sold
              
              
              90,465
              
              
              37,132
              
              
              255,645
              
              
              100,699Gross
                  profit
              
              
              (2,788
              )
              
              18,849
              
              
              26,426
              
              
              38,843Operating
                  expensesResearch
                  and development
              
              
              290,932
              
              
              87,802
              
              
              913,573
              
              
              251,346General
                  and administrative
              
              
              1,160,109
              
              
              922,241
              
              
              3,730,676
              
              
              1,943,231Depreciation
                  and amortization
              
              
              93,879
              
              
              25,812
              
              
              202,996
              
              
              75,710Sales
                  and marketing
              
              
              452,148
              
              
              37,975
              
              
              770,197
              
              
              124,410Total
                  operating expenses
              
              
              1,997,068
              
              
              1,073,830
              
              
              5,617,442
              
              
              2,394,697Loss
                  from operations
              
              
              (1,999,856
              )
              
              (1,054,981
              )
              
              (5,591,016
              )
              
              (2,355,854
              )Other
                  (income) expenseInterest
                  income
              
              
              (85,025
              )
              
              (139
              )
              
              (192,573
              )
              
              (139
              )Interest
                  expense
              
              
              2,979
              
              
              5,747
              
              
              146,699
              
              
              206,656Net
                  other expenses
              
              
              (82,046
              )
              
              5,608
              
              
              (45,874
              )
              
              206,517Net
                  loss
              
              
              (1,917,810
              )
              
              (1,060,589
              )
              
              (5,545,142
              )
              
              (2,562,371
              )Preferred
                  stock accretion
              
              
              -
              
              
              -
              
              
              -
              
              
              (170,974
              )Net
                  loss available to common stockholders
              
              $
              (1,917,810
              )
              $
              (1,060,589
              )
              $
              (5,545,142
              )
              $
              (2,733,345
              )Loss
                  per share, basic and diluted:Net
                  loss
              
              $
              (0.06
              )
              $
              (0.06
              )
              $
              (0.19
              )
              $
              (0.15
              )Net
                  loss available to common stockholders
              
              $
              (0.06
              )
              $
              (0.06
              )
              $
              (0.19
              )
              $
              (0.16
              )Weighted-average
                  common shares outstanding, basic and diluted
              
              
              31,626,498
              
              
              18,201,060
              
              
              28,772,362
              
              
              16,944,987
   The
          accompanying notes are an integral part of these financial statements.
   4




**Novint
        Technologies, Inc.**
 **STATEMENTS
        OF CHANGES IN STOCKHOLDERS’ EQUITY**
 **For
        the Nine Months Ended September 30, 2007**
 **(Unaudited)**
  AccumulatedAdditional
              
              
              
              OtherCommon
                  Stock
              
              Paid-in
              
              Accumulated
              
              ComprehensiveShares
              
              Amount
              
              Capital
              
              (Deficit)
              
              Income
                  (Loss)
              
              TotalBalances,
                  December 31, 2006
              
              
              19,894,091
              
              $
              198,942
              
              $
              12,624,562
              
              $
              (12,648,907
              )
              $
              (4,605
              )
              $
              169,992Common
                  stock sold for cash, net of offering costs of $439,364
              
              
              10,330,000
              
              
              103,300
              
              
              9,787,336
              
              
              -
              
              
              -
              
              
              9,890,636Common
                  stock issued related to exercise of options/warrants
              
              
              444,811
              
              
              4,448
              
              
              132,132
              
              
              -
              
              
              -
              
              
              136,580Common
                  stock issued to consultants for services
              
              
              381,018
              
              
              3,810
              
              
              430,192
              
              
              -
              
              
              -
              
              
              434,002Common
                  stock issued for repayment of notes payable
              
              
              232,627
              
              
              2,326
              
              
              355,755
              
              
              -
              
              
              -
              
              
              358,081Common
                  stock issued for settlement of accrued liabilities
              
              
              507,701
              
              
              5,077
              
              
              595,327
              
              
              -
              
              
              -
              
              
              600,404Options
                  vested for employees services
              
              
              -
              
              
              -
              
              
              303,878
              
              
              -
              
              
              -
              
              
              303,878Options
                  vested to consultants for services
              
              
              -
              
              
              -
              
              
              562,902
              
              
              -
              
              
              -
              
              
              562,902Common
                  stock issued for purchase of licenses
              
              
              9,260
              
              
              93
              
              
              9,908
              
              
              -
              
              
              -
              
              
              10,001Common
                  stock issued pursuant to previous investment agreements
              
              
              99,447
              
              
              994
              
              
              (994
              )
              
              -
              
              
              -
              
              
              -Net
                  loss
              
              
              -
              
              
              -
              
              
              -
              
              
              (5,545,142
              )
              
              -
              
              
              (5,545,142
              )Balances,
                  September 30, 2007
              
              
              31,898,955
              
              $
              318,990
              
              $
              24,800,998
              
              $
              (18,194,049
              )
              $
              (4,605
              )
              $
              6,921,334
 
 The
          accompanying notes are an integral part of these financial statements.


5






**Novint
        Technologies, Inc.**
 **STATEMENTS
        OF CASH FLOWS**
 **(Unaudited)**
 
 For
                  The Nine Months Ended
                September
                  30,2007
              
              2006Cash
                  flows from (to) operating activities:Net
                  loss
              
              $
              (5,545,142
              )
              $
              (2,562,371
              )Adjustments
                  to reconcile net loss to net cash provided by (used in) operating
                  activitiesDepreciation
                  and amortization
              
              
              202,996
              
              
              75,710Common
                  stock issued for services
              
              
              434,002
              
              
              105,938Options
                  issued to employees and consultants for services
              
              
              866,780
              
              
              843,332Reprice
                  of warrants previously granted in debt offering
              
              
              -
              
              
              155,748Changes
                  in operating assets and liabilities:Accounts
                  receivable
              
              
              (31,804
              )
              
              74,650Prepaid
                  expenses
              
              
              (1,133,704
              )
              
              (27,097
              )Inventory
              
              
              (133,308
              )
              
              -Deferred
                  financing costs
              
              
              -
              
              
              (70,322
              )Deposits
              
              
              283,071
              
              
              -Accounts
                  payable and accrued liabilities
              
              
              218,459
              
              
              272,595Accrued
                  expenses related party
              
              
              (53,122
              )
              
              -Deferred
                  revenue
              
              
              46,779
              
              
              -Costs
                  and estimated earnings in excess of billings on contracts,
                  net
              
              
              (5,892
              )
              
              (59,098
              )Billings
                  in excess of costs and estimated earnings on contracts,
                  net
              
              
              (5,500
              )
              
              (4,370
              )Net
                  cash (used in) operating activities
              
              
              (4,856,385
              )
              
              (1,195,285
              )Cash
                  flows from (to) investing activities:Capital
                  outlay for software development costs
              
              
              (406,519
              )
              
              -Capital
                  outlay for investment in marketable debt instruments
              
              
              (1,993,633
              )
              
              -Purchase
                  of licensing rights
              
              
              (155,462
              )
              
              (11,731
              )Property
                  and equipment acquisitions
              
              
              (244,809
              )
              
              (22,498
              )Net
                  cash (used in) investing activities
              
              
              (2,800,423
              )
              
              (34,229
              )Cash
                  flows from (to) financing activities:Proceeds
                  from exercise of options
              
              
              136,684
              
              
              -Proceeds
                  from issuance of common stock
              
              
              10,330,000
              
              
              1,925,000Offering
                  costs
              
              
              (385,010
              )
              
              (14,500
              )Proceeds
                  from notes payable
              
              
              -
              
              
              340,000Repayment
                  of notes payable
              
              
              -
              
              
              (240,000
              )Net
                  cash provided by financing activities
              
              
              10,081,674
              
              
              2,010,500Net
                  increase (decrease) in cash and cash equivalents
              
              
              2,424,866
              
              
              780,986Cash
                  and cash equivalents at beginning of period
              
              
              255,468
              
              
              42,127Cash
                  and cash equivalents at end of period
              
              $
              2,680,334
              
              $
              823,113Supplemental
                  information:Interest
                  paid
              
              $
              -
              
              $
              -Income
                  taxes paid
              
              $
              -
              
              $
              -Non-cash
                  investing and financing activities:Deferred
                  financing cost recognized and netted against paid-in
                  capital
              
              $
              54,354
              
              $
              -Purchase
                  of licenses with common stock
              
              $
              10,001
              
              $
              -Payment
                  of accrued research and development liabilities with common
                  stock
              
              $
              -
              
              $
              465,000Payment
                  of notes payable and accrued interest with common stock
              
              $
              358,081
              
              $
              983,846Payment
                  of accrued liabilities with common stock
              
              $
              585,634
              
              $
              -Fair
                  value accretion on conditionally redeemable, convertible preferred
                  stock
              
              $
              -
              
              $
              170,974
   The
        accompanying notes are an integral part of these financial statements.
 
 6




**Novint
        Technologies, Inc.**
 
 **NOTES
        TO FINANCIAL STATEMENTS**
 
 **SEPTEMBER
        30, 2007 AND 2006 (Unaudited)**
 
 **NOTE
        1 — BASIS OF PRESENTATION AND NATURE OF BUSINESS**
 
 **Basis
        of Presentation**
 
 The
        unaudited financial statements have been prepared by Novint Technologies,
        Inc.
        (the “Company“ or “Novint”), in accordance with generally accepted accounting
        principles for interim financial information and with the instructions for
        Form
        10-QSB and Regulation S-B as promulgated by the Securities and Exchange
        Commission (“SEC”). Accordingly, these financial statements do not include all
        of the disclosures required by generally accepted accounting principles in
        the
        United States of America for complete financial statements. These unaudited
        interim financial statements should be read in conjunction with the audited
        financial statements and the notes thereto included on Form 10-KSB (as amended)
        for the period ended December 31, 2006. In the opinion of management, the
        unaudited interim financial statements furnished herein include all adjustments,
        all of which are of a normal recurring nature, necessary for a fair statement
        of
        the results for the interim period presented. The results of the nine months
        ended September 30, 2007 are not necessarily indicative of the results to
        be
        expected for the full year ending December 31, 2007.
 
 **Reclassifications**
 
 Certain
        prior year amounts were reclassified to conform to the September 30, 2007
        presentation.
 
 **Nature
        of Business**
 
 Novint
        Technologies, Inc. (the “Company” or “Novint”) was originally incorporated in
        the State of New Mexico in April 1999. On February 26, 2002, the Company
        changed
        its state of incorporation to Delaware by merging with Novint Technologies,
        Inc., a Delaware corporation. This merger was accounted for as a reorganization
        of the Company. The Company currently is engaged in the development and sale
        of
        haptics products and equipment, including installation services and support,
        to
        production and manufacturing companies in the United States. Haptics refers
        to
        one’s sense of touch. The Company is expanding into the consumer interactive
        computer gaming market, which is a substantial departure from its business
        of
        offering product development services and limited sales of haptic technology.
        The Company’s operations are based in New Mexico with sales of its haptics
        products primarily to consumers through the Company’s website at www.novint.com
        and retail outlets beginning in fall 2007.
 
 **Management’s
        Plans**
 
 As
        of
        September 30, 2007, the Company had total current assets of $6,072,742 and
        total
        current liabilities of $695,858, resulting in a working capital surplus of
        $5,376,884. As of September 30, 2007, the Company had cash totaling $2,680,334.
        During the nine months ended September 30, 2007 as further discussed in Note
        7,
        the Company raised approximately $9,891,000 from the sale of shares of common
        stock with warrants through an equity agreement and exercise of stock purchase
        warrants net of offering costs. This recent equity raised should allow the
        Company to further develop its haptics technology, and seek and develop
        strategic partnerships with game publishers and hardware manufacturers that
        will
        utilize the Company’s haptics technology. As a result of the equity raise the
        Company believes that it has sufficient capital and existing equity financing
        arrangements to sustain its operations beyond twelve months and execute its
        current business plans with respect to the haptics technology.
 
 7
  **NOTE
        2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
 
 **Software
        Development Costs**
 
 The
        Company accounts for its software development costs in accordance with Statement
        of Financial Accounting Standards (SFAS) Number 86, Accounting for the Costs
        of
        Computer Software to be Sold, Leased, or Otherwise Marketed. This statement
        requires that, once technological feasibility of a developing product has
        been
        established, all subsequent costs incurred in developing that product to
        a
        commercially acceptable level be capitalized and amortized ratably over the
        estimated life of the product, which is generally 5 years. The Company has
        capitalized software development costs in connection with its haptics technology
        beginning in 2000. Amortization is computed on the straight-line basis over
        the
        estimated life (5 years) of the haptics technology. As of September 30, 2007,
        the Company’s capitalized software development costs totaled $642,830 (net of
        $154,092 of accumulated amortization). The estimated annual amortization
        expense
        related to the capitalized software development cost is approximately $155,000
        per year. Amortization expense related to software development costs for
        the
        nine months ended September 30, 2007 and 2006 totaled $66,637 and
        $1,832.
 
 The
        Company follows Statement of Position (SOP) No. 98-1, Accounting for the
        Costs
        of Computer Software Developed or Obtained for Internal Use, which requires
        capitalization of certain costs incurred during the development of internal
        use
        software. Through September 30, 2007, capitalizable costs incurred have not
        been
        significant for any development projects. Accordingly, the Company has charged
        all related costs to research and development expense in the periods incurred.
 
 **Investment
        in Marketable Debt Instruments**
 
 The
        Company has investments in marketable debt instruments comprised primarily
        of
        commercial grade bonds which are classified as held to maturity. Investments
        held to maturity, which mature within one year, are classified as a current
        asset and those beyond twelve months will be classified as non-current
        assets.
 
 **Property
        and Equipment**
 
 Property
        and equipment is stated at cost. Depreciation on property and equipment is
        calculated on a straight-line depreciation method over the estimated useful
        lives of the assets, which range from 3 to 5 years for software and
        computer equipment, and 5 years for office equipment. Repairs and
        maintenance costs are expensed as incurred. Depreciation expense was $32,304
        and
        $18,253 for the nine months ended September 30, 2007 and 2006,
        respectively.
 
 **Intangible
        Assets**
 
 Intangible
        assets consist of licensing agreements of $627,491 and patents of $40,706,
        and
        are carried at cost less accumulated amortization of $267,041. Amortization
        is
        computed using the straight-line method over the economic life of the assets,
        which range between 3 and 12 years. For the nine months ended September 30,
        2007
        and 2006, the Company recognized amortization expense of approximately $104,055
        and $57,457, respectively, related to intangible assets.
 
 Annual
        amortization of intangible assets remaining at September 30, 2007, is as
        follows:
 
 Year
                  Ended December 31,2007
              
              
              49,1662008
              
              
              129,9972009
              
              
              129,7192010
              
              
              48,4432011
                  and after
              
              
              43,831Total
              
              $
              401,156
 
 **Revenue
        and Cost Recognition**
 
 The
        Company recognizes revenue from the sale of software products under the
        provisions of SOP 97-2, Software Revenue Recognition, as amended by SOP 98-4
        and
        SOP 98-9. SOP 97-2 generally requires that revenue recognized from software
        arrangements be allocated to each element of the arrangement based on the
        relative vendor specific objective evidence of fair values of the elements,
        such
        as software products, upgrades, enhancements, post contract customer support,
        installation or training. Under SOP 97-2, if the determination of vendor
        specific objective evidence of fair value for each element of the arrangement
        does not exist, all revenue from the arrangement is deferred until such time
        that evidence does exist or until all elements of the arrangement are
        delivered.
  8
  
 SOP
        97-2
        was amended in December 1998 by SOP 98-9, Modification of SOP 97-2 Software
        Revenue Recognition with Respect to Certain Transactions. SOP 98-9 clarified
        what constitutes vendor specific objective evidence of fair value and introduced
        the concept of the “residual method” for allocating revenue to elements in a
        multiple element arrangement.
 
 The
        Company’s revenue recognition policy is as follows:
 
 Project
        revenue consists of programming services provided to unrelated parties under
        fixed-price contracts. Revenues from fixed price programming contracts are
        recognized in accordance with SOP 81-1, Accounting for Performance of
        Construction-Type and Certain Production-Type Contracts, and Accounting Research
        Bulletin (ARB) 45, Long-Term Construction-Type Contracts, using the
        percentage-of-completion method, measured by the percentage of costs incurred
        to
        date compared with the total estimated costs for each contract. The Company
        accounts for these measurements in the accompanying balance sheets under
        costs
        and estimated earnings in excess of billings on contracts, and billings in
        excess of costs and estimated earnings on contracts. Provisions for estimated
        losses on uncompleted contracts are made and recorded in the period in which
        the
        loss is identified.
 
 Revenue
        from product sales relates to the sale of the Falcon haptics interface, which
        is
        a human-computer user interface (the Falcon). The Falcon allows the user
        to
        experience sensory information when using a computer and its handle and is
        the
        approximate size and shape of a writing instrument. The Falcons are manufactured
        by an unrelated party
 
 Emerging
        Issues Task Force (EITF) 00-10, Accounting for Shipping and Handling Fees
        and Costs, require amounts billed to a customer in a sales transaction related
        to shipping and handling, if any, to be classified and accounted for as revenues
        earned for the goods provided whereas shipping and handling costs incurred
        by a
        company are required to be classified as cost of sales. The Company’s costs
        associated with shipping product items to the Company’s customers are included
        in the Company’s Cost of Goods Sold.
 
 EITF
        01-14, Income Statement Characterization of Reimbursements Received for
“Out-of-Pocket” Expenses Incurred, requires reimbursements received for
        out-of-pocket expenses incurred while providing services to be characterized
        in
        the statements of operations as revenue. The Company’s out-of-pocket expenses
        incurred in connection with their project revenues are recognized in revenues
        based on a computed overhead rate that is included in their project labor
        costs
        to derive a project price.
 
 In
        accordance with EITF 99-19, Reporting Revenue Gross as a Principal versus
        Net as
        an Agent, the Company recognizes its product sales on a gross basis. The
        Company
        is responsible for fulfillment, including the acceptability of the product
        ordered. The Company has risks and rewards of ownership such as the risk
        of loss
        for collection, delivery or returns. Title passes to the customer upon receipt
        of the product by the customer. In accordance with the Company’s agreement with
        its customer, further obligation is limited to the terms defined in its
        warranty.
 
 The
        Company’s customers are provided a warranty from the Company’s supplier. This
        warranty guarantees that the supplier’s products shall be free from
        manufacturing defects. The supplier agrees to provide, free of charge,
        replacements for any components found to be defective within 1 year of delivery.
        As of September 30, 2007, the Company has accrued $3,028 as warranty
        reserve.
 
 **Loss
        per Common Share**
 
 Statement
        of Financial Accounting Standards No. 128 *,
        Earnings Per Share* ,
        (SFAS
        128) provides for the calculation of “Basic” and “Diluted” earnings per share.
        Basic earnings per share includes no dilution and is computed by dividing
        net
        loss available to common shareholders by the weighted average number of common
        shares outstanding for the period. All potentially dilutive securities have
        been
        excluded from the computations since they would be antidilutive. However,
        these
        dilutive securities could potentially dilute earnings per share in the future.
        As of September 30, 2007 and 2006, the Company had a total of 27,322,342
        and
        12,546,763 in potentially dilutive securities, respectively.
 
 **Stock
        Option Plans**
 
  9
   The
        Company adopted SFAS No. 123 (Revised 2004), Share Based Payment (“SFAS
        No. 123R”), under the modified-prospective transition method on
        January 1, 2006. SFAS No. 123R requires companies to measure and
        recognize the cost of employee services received in exchange for an award
        of
        equity instruments based on the grant-date fair value. Share-based compensation
        recognized under the modified-prospective transition method of SFAS
        No. 123R includes share-based compensation based on the grant-date fair
        value determined in accordance with the original provisions of SFAS
        No. 123, Accounting for Stock-Based Compensation, for all share-based
        payments granted prior to and not yet vested as of January 1, 2006 and
        share-based compensation based on the grant-date fair-value determined in
        accordance with SFAS No. 123R for all share-based payments granted after
        January 1, 2006. SFAS No. 123R eliminates the ability to account for
        the award of these instruments under the intrinsic value method proscribed
        by
        Accounting Principles Board (“APB”) Opinion No. 25, Accounting for Stock
        Issued to Employees, and allowed under the original provisions of SFAS
        No. 123.
 
 The
        Company recognized $303,878 and $233,720 in employee share-based compensation
        expense for the nine months ended September 30, 2007 and 2006, respectively.
        The
        fair value of the stock options was estimated using the Black-Scholes option
        pricing model. In calculating the fair value of options for stock based
        compensation for the nine months ended September 30, 2007, the following
        assumptions were used: closing price of the common stock at the date of grant,
        risk-free rates ranged from 5.00% to 5.25%, volatility of the options ranged
        from 73% to 157%, estimated lives of 3 to 10 years and exercise prices ranged
        from $0.66 to $1.20 per share.
 
 **Research
        and Development**
 
 Research
        and development costs are expensed as incurred and amounted to $898,803 and
        $251,346 for the nine months ended September 30, 2007 and 2006, respectively.
 
 **Recent
        Accounting Pronouncements**
 
 The
        Company has adopted all accounting pronouncements issued before September
        30,
        2007, which are applicable to the Company.
 
 In
        June
        2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation
        No. 48, "Accounting for Uncertainty in Income Taxes - an interpretation of
        FASB
        Statement No. 109" (FIN 48), which clarifies the accounting for uncertainty
        in
        tax positions. This Interpretation requires that we recognize in our financial
        statements the benefit of a tax position if that position is more likely
        than
        not to be sustained upon audit, based on the technical merits of the position.
        The provisions of FIN 48 become effective as of the beginning of the 2007
        fiscal
        year, with the cumulative effect of the change in accounting principle recorded
        as an adjustment to opening retained earnings. The adoption of the provisions
        of
        FIN 48 did not have an impact on its financial condition or results of
        operations.
 
 In
        September 2006, the Securities and Exchange Commission issued Staff Accounting
        Bulletin No. 108, "Considering the Effects of Prior Year Misstatements when
        Quantifying Misstatements in Current Year Financial Statements" (SAB 108),
        which
        addresses how to quantify the effect of financial statement errors. The
        provisions of SAB 108 become effective as of the end of its 2007 fiscal year.
        The adoption of the provisions of SAB 108 did not have an impact on its
        financial condition or results of operations.
 
 **NOTE
        3 — COSTS AND ESTIMATED EARNINGS IN EXCESS OF BILLINGS ON CONTRACTS
        AND**  **BILLINGS
        IN EXCESS OF COSTS AND ESTIMATED EARNINGS ON CONTRACTS**
 
 Costs
        and
        estimated earnings in excess of billings on contracts consisted of the following
        at September 30, 2007:
 
 Costs
                  and estimated earnings incurred on uncompleted contracts
              
              $
              5,892Billings
                  on uncompleted contracts
              
              
              -Costs
                  and estimated earnings in excess of billings on uncompleted
                  contracts
              
              $
              5,892
 
 Billings
        in excess of costs and estimated earnings on contracts consisted of the
        following at:
 
 Billings
                  on uncompleted contracts
              
              $
              -Costs
                  and estimated earnings incurred on uncompleted contracts
              
              
              -Billings
                  in excess of costs and estimated earnings on uncompleted
                  contracts
              
              $
              -
 
 **NOTE
        4 — INTANGIBLE ASSETS**
 
  10
  Intangible
        assets consisted of the following at September 30, 2007:
 
 Licensing
                  agreements
              
              $
              627,491Patent
              
              
              40,707Less
                  accumulated amortization
              
              
              (267,042
              )$
              401,156
 
 In
        April
        2007, the Company entered into an Intellectual Property Acquisition Agreement
        to
        purchase certain intellectual property in consideration for $60,000 in cash
        and
        200,000 shares of the Company’s common stock with an aggregate value of
        $302,000. The intellectual property has been recorded within the licensing
        agreements and shall be amortized on a straight line basis over three years.
        The
        agreement also provides for a provision in which the seller may earn an
        additional $15,000 in cash and 50,000 in common shares if the seller continues
        full time service with the Company as either an employee or consultant for
        at
        least one year, which both additional amounts have been issued to the seller
        as
        of September 30, 2007.
 
 **NOTE
        5 - CONVERTIBLE NOTES PAYABLE**
 
 During
        2005, the Company executed convertible promissory notes in the amount of
        $358,081 to Lunar Design for the costs incurred during 2005 associated with
        contracted research and development efforts. The promissory notes were
        non-interest bearing, past their maturity dates (maturity dates varied
        throughout 2006) and were due on demand. If the promissory notes were not
        paid
        in full in cash at the promissory notes’ maturity date, the Company was to
        convert the unpaid balance of the note into shares of the Company’s common
        stock. The conversion price per share will be equal to the last sale price
        of
        the Company’s common stock on the maturity date, or on the last business day
        prior to the maturity date. Subsequent to the maturity dates, the Company
        negotiated with Lunar regarding conversion terms and during the quarter ended
        March 31, 2007, the Company converted the entire remaining balance totaling
        $358,081 of the promissory note balance into 232,627 shares of common stock
        and
        agreed to issue an additional 77,313 shares valued at $81,178 to cover a
        portion
        of $141,532 as settlement, which has been recorded as interest expense during
        the nine months ended September 30, 2007.
 
 **NOTE
        6 — COMMITMENTS AND CONTINGENCIES**
 
 From
        time
        to time, in the normal course of business, the Company is subject to routine
        litigation incidental to its business. Although there can be no assurances
        as to
        the ultimate disposition of any such matters, it is the opinion of management,
        based upon the information available at this time, that there are no matters,
        individually or in the aggregate, that will have a material adverse effect
        on
        the results of operations and financial condition of the Company.
 
 Effective
        May 1, 2006, the Company entered into negotiations for a consultant
        agreement with AF Double Eagle (“Consultant”) whereby Consultant will become a
        full time employee of the Company approximately 6 months after the
        effective date of the agreement. The Company and Consultant may transition
        into
        Consultant becoming a full time employee earlier upon mutual consent. In
        accordance with the agreement, the Consultant will assist the Company in
        revenue
        generation, strategic partnering, strategic planning, seeking funding sources
        and general corporate operations.
 
 Compensation
        arrangements to the consultant are as follows:
 
 Cash
        compensation — The Company will pay Consultant $50,000 each quarter as
        compensation for these services.
 
 Equity
        compensation — Subject to applicable laws, and the Company’s stock option plan,
        and consistent with the Company’s usual option grant terms, The Company will
        grant to Consultant options to purchase 1,413,933 shares of the Company’s common
        stock. The options shall have an exercise price of $1.00 per share, and shall
        be
        exercisable for 7 years from the date of grant. In May 2007, the Company
        increased the options from 1,413,933 to 1,613,933 which 200,000 is subject
        to
        Option Group B and 200,000 subject to Option Group C. The additional options
        for
        400,000 shares have an exercise price of $1.02. The options for 1,413,933
        shares
        were granted to the Consultant on May 1, 2006. The Company calculated the
        initial value of the options using the Black-Scholes model based on the
        following assumptions: a risk-free rate of 5.15%, volatility of 137%, estimated
        life of 10 years and a fair market value of $1.40 per share.
 
 If
        the
        Company sells shares of its common stock in a sale or sales cumulating at
        least
        $3,000,000 net proceeds to the Company before May 1, 2007, and the average
        per share price of such sale or sales (the “Average Price”) is less than $1.00,
        then the Company shall issue additional options on substantially the same
        terms,
        such that the total number of options, including previous options plus newly
        issued options, times the Average Price equals $1,213,930.
  11
  
 The
        options shall initially be unvested. The Company and the Consultant anticipate
        that vesting of options will continue in connection with employment. If such
        employment is not entered for any or no reason, then any options unvested
        at the
        termination of this Agreement shall be forfeited to the Company.
 
 Option
        Group A. Options equal to 5/7th’s of Consultant’s total number of options shall
        vest monthly over five years, with the first such installment vesting
        June 1, 2006. If at any time the number of options vested shall be
        determined, the number vested according to the preceding monthly installment
        schedule shall be rounded to the nearest whole number of options. During
        the
        nine months ended September 30, 2007, the Consultant vested options for 130,065
        shares with a fair value of $98,849. As of September 30, 2007, the Consultant
        has total vested options for 242,281 shares.
 
 Option
        Group B. Options equal to 1/7th of consultant’s total number of options shall
        vest on the close of a sale of equity in the Company to a Consultant Source
        totaling not less than $1,000,000 net proceeds to the Company, or on the
        vesting
        of Option Group C, whichever first occurs. A “Consultant Source” is a party that
        Consultant first introduces to the Company (i.e., the Company had no
        relationship with the party prior to Consultant’s introduction), and who
        purchases equity in the Company in a transaction in which Consultant actively
        participates in communications and negotiations, and who purchase equity
        in the
        Company prior to the termination of this Agreement. During the nine months
        ended
        September 30, 2007, the Consultant earned and was granted all of the eligible
        options totaling 173,419 shares related to a Unit Subscription Agreement
        as
        discussed in Note 7.
 
 Option
        Group C. Options equal to 1/7th of consultant’s total number of options shall
        vest on the date that the Company’s cumulative product sales total either
        (a) 100,000 units of Falcon interface units (not including end effectors or
        other accessories sold apart from a base unit) or (b) $20,000,000 in revenue
        to
        the Company. As of September 30, 2007, there were no options related to Option
        Group C earned and vested.
 
 In
        addition, if after three years Consultant has not vested the 2/7ths options
        from
        Group B and C then whatever portion unvested will vest as if it had been
        part of
        the group A options. Therefore, on the third anniversary, 3/5ths of the total
        unvested options will vest and the remaining 2/5ths will vest over the next
        two
        years.
 
 Bonus
        compensation — The Company will pay to Consultant an amount equal to 4% of the
        net proceeds to the Company of any sale of equity to a Consultant Source
        closing
        before the termination of this Agreement. The Company will pay to Consultant
        an
        amount equal to 20% of the gross revenue to the Company of any Consultant
        Sales,
        where Consultant Sales are sales of the Company’s products to parties that were
        first introduced to the Company by Consultant but only for so long as Consultant
        is actively promoting and driving sales to the party and actively managing
        the
        relationship with the party.
 
 Although
        this consulting agreement has not been signed, the Company has paid and
        continues to pay Consultant under the terms of the agreement and the options
        were considered granted May 1, 2006.
 
 On
        May
        24, 2007, the Company granted this Consultant an option to purchase Units
        consisting of 147,059 shares of common stock and warrants to purchase 147,059
        shares of common stock at an exercise price of $1.50 per share. The option
        for
        each Unit has an exercise price of $1.02 per Unit which shall vest 49,020
        on
        July 1, 2007; 49,020 on October 1, 2007; and 49,019 on January 1, 2008 which
        the
        Consultant has up to thirty (30) days to exercise such option from the each
        portion vest otherwise forfeit such option. The option related to these Units
        has been accounted for under EITF 96-18 whereby the vested portion will be
        valued at the end of each reporting period. For the nine months ended September
        30, 2007, the Company has recorded $78,734 as an expense associated with
        the
        vested portion of the options. Since the option is comprised of a share of
        common stock and warrant, each component has been separately valued using
        the
        Black-Scholes option pricing model. The assumptions used for valuing the
        common
        stock component under Black-Scholes are as follow: exercise price of $1.02;
        stock price of $0.80 to $0.99; term of 1 month; volatility of 141% to 157%;
        and
        discount rate of 5%. The assumptions used for valuing the warrant component
        under Black-Scholes are as follow: exercise price of $1.50; stock price of
        $0.80
        to $0.99; term of 3 years; volatility of 141% to 157%; and discount rate
        of 5%.
        For the nine months ended September 30, 2007, the Consultant has exercised
        the
        July 1, 2007 option for 49,020 shares.
 
  12
  **NOTE
        7 — STOCKHOLDERS’ EQUITY**
 
 On
        June
        19, 2007, the Company’s stockholders approved an increase in the authorized
        shares of common stock from 50,000,000 shares to 150,000,000 shares and to
        cancel the 4,000 authorized Series A Preferred Stock.
 
 Conditionally
        Redeemable, Convertible Preferred Stock
 
 On
        April 20, 2000, in connection with the license agreement with Sandia, the
        Company issued all 4,000 authorized shares of Series A conditionally
        redeemable, convertible preferred stock at $0.25 per share. The preferred
        stock
        was convertible into fully paid and non-assessable common stock as follows:
        at
        the holder’s option based on the conversion price in effect on the conversion
        date or automatically upon the closing of an IPO, which would result in 447,300
        shares of common stock. The conversion price shall be (i) the subscription
        price ($100,000 when expressed as an aggregate amount or $25.00 per share
        when
        expressed on a per-share basis) divided by (ii) the conversion price in
        effect on the conversion date. Additionally, the Company is obligated to
        redeem
        the preferred shares, if there is no IPO or initial sale within 10 years
        from the issue date.
 
 In
        connection with the effectiveness of the Company’s registration statement, on
        February 6, 2006 the Company issued 447,300 shares of common stock to Sandia
        for
        the conversion of the preferred stock in accordance with the
        agreement.
 
 Accordingly,
        the Company accreted the fair value of the common stock conversion to retained
        earnings through the conversion date of February 6, 2006. When the Company
        was approved for public filing, it recognized an additional charge of $170,974
        to retained earnings of the converted shares at the fair value as compared
        to
        the IPO price. The fair value of the stock on February 6, 2006 was
        estimated to be $1.00 per share.
 
 Sale
        of Common Stock and Warrant
 
 During
        January 2007, the Company sold 500,000 shares of common stock and warrants
        for
        500,000 shares of common stock to 8 investors for a total of $500,000. The
        warrants have an exercise price of $1.00 per share and life of five
        years.
 
 During
        May 2007, the Company issued a total of 99,447 shares of common stock to
        seven
        investors pursuant to provisions within their investment subscription agreements
        consummated in 2006 which provides for additional shares to be issued as
        an
        anti-dilutive measure which terminated in May 2007. These shares issued pursuant
        to the anti-dilutive measure was accounted for as additional shares issued
        as
        part of the overall original sale of stock related to the investment
        subscription agreement during 2006. The par value of the 99,447 shares of
        common
        stock was recorded as a reduction to additional paid-in capital.
 
 During
        May 2007, the Company sold 580,000 shares of common stock and warrants for
        580,000 shares of common stock to 4 investors for a total of $580,000. The
        warrants have an exercise price of $1.50 per share and life of five
        years.
 
 During
        August 2007, the Company sold 250,000 shares of common stock and warrants
        for
        62,500 shares of common stock to one investor for a total of $250,000. The
        Company paid $15,000 in offering costs associated with the sale and received
        net
        proceeds of $235,000. The warrants have an exercise price of $1.50 per share
        and
        life of five years.
 
 Unit
        Subscription Agreement
 
 On
        March 5, 2007, the Company entered into a Unit Subscription Agreement (the
“Agreement”) with 42 accredited investors (the “Purchasers”) pursuant to which
        the Company issued and sold $9,000,000 of Units, at a price of one dollar
        per
        Unit. Each Unit consists of one share of common stock, and one five-year
        warrant
        to purchase one share of common stock at an exercise price of $1.50.
        Accordingly, an aggregate of 9,000,000 shares of its common stock, and warrants
        to purchase 9,000,000 shares of common stock were issued (the “Financing”). The
        Financing closed on March 5, 2007. Under the terms of the Unit Subscription
        Agreement the Company may sell an additional 1,000,000 Units for $1,000,000
        to a
        strategic investor, of which the Company closed on the sale of 580,000 units
        for
        $580,000 on May 11, 2007. Gross proceeds from the Financing to the Company
        were
        $9,000,000, of which $320,010 was paid to certain individuals who served
        as
        placement agents for the transaction and approximately $50,000 was paid to
        counsel for the Purchasers in connection with the transaction. In addition,
        the
        Company had netted a previously capitalized deferred offering cost totaling
        $54,354 towards the gross proceeds from the Financing. The
        Company granted warrants to purchase 320,000 shares of common stock with
        an
        exercise price of $1.50 to certain individuals who served as placement agents
        in
        the financing and options to purchase 173,419 shares of common stock with
        an
        exercise price of $1.00 to AF Double Eagle upon the closing of the Financing.
        These warrants and options have been accounted for as related offering costs. Mr. Tom
        Anderson, the Company’s Chief Executive Officer, invested $25,000 in the
        Financing.
  13
  
 As
        part
        of the terms of the Agreement, the Company entered into an Investor Rights
        Agreement among the Purchasers pursuant to which the Company has agreed to
        file
        a registration statement to register for resale of the shares of common stock
        sold in the Financing, including the shares of common stock underlying the
        warrants, within 55 days following the closing of the Financing. Subject to
        certain exceptions, in the event the registration statement is not filed
        within
        such 55 day period or does not become effective within certain time periods
        set forth in the Investor Rights Agreement, the Company would be required
        to pay
        each purchaser in the Financing an amount in cash equal to 0.0333% of the
        sum of
        (i) the purchase amount paid by the Purchaser and (ii) the amount paid
        upon exercise of the warrants for each day the filing or effectiveness of
        the
        registration statement is delayed and, pursuant to the terms of the warrants,
        the Purchasers would be entitled to exercise their warrants pursuant to a
        cashless exercise formula. In addition, the Company has agreed not to grant
        any
        registration rights that are senior to the registration rights of the Purchasers
        for a period of two years from the closing date without the prior written
        consent of a majority of the Purchasers. The Company filed a Form SB-2
        registration statement as required by the Agreement on May 24, 2007 and it
        became effective on June 19, 2007 within the required timeline of the
        Agreement.
 
 **NOTE
        8 — RELATED PARTIES**
 
 On
        February 18, 2004, the Company granted to a significant shareholder, for
        future
        services, 125,000 options to purchase common stock at an exercise price of
        $0.66
        per share. The options have a 5-year annual vesting provision. Options granted
        to consultants are valued each reporting period to determine the amount to
        be
        recorded as consultant expense in the respective period. As the options vest,
        they will be valued one last time on the vesting date and an adjustment will
        be
        recorded for the difference between the value already recorded and the current
        value on date of vesting. At September 30, 2007, the Company calculated the
        value of the options using the Black-Scholes model based on the following
        assumptions: a risk-free rate of 5.00%, volatility of 146%, estimated life
        of 10
        years and a fair market value of $0.79 per share. At March 31, 2004, the
        Company
        calculated the initial value of the options using the Black-Scholes model
        based
        on the following assumptions: a risk-free rate of 4.05%, volatility of 91%,
        estimated life of 10 years and a fair market value of $1.00 per share. The
        vesting schedule is prorated over the reporting period, and $12,148 and $22,690,
        respectively, was recorded as consultant expense during the nine months ended
        September 30, 2007 and 2006.
 
 In
        March
        2004, Normandie New Mexico Corporation, which is owned by the former Chief
        Executive Officer (CEO) of Manhattan Scientific (a significant shareholder)
        who
        is also a member of the Company’s Board of Directors, entered into an agreement
        with the Company to provide consulting services in relation to business
        development and marketing support. Fees per the agreement are $6,250 per
        month.
        For the nine months ended September 30, 2007 and 2006, the Company had paid
        $121,875 and $-0-, respectively, for these services. As of September 30,
        2007,
        the Company owed $6,250 to Normandie New Mexico under the
        agreement.
 
 On
        June
        10, 2004, the Company granted 250,000 options to purchase common stock to
        one of
        the member of the Company’s Board of Directors for future consulting services at
        an exercise price of $0.66 per share. The options have a 5-year annual vesting
        provision. At June 30, 2004, the Company calculated the initial value of
        these
        options using the Black-Scholes model based on the following assumptions:
        a
        risk-free rate of 4.81%, volatility of 100%, estimated life of 10 years and
        a
        fair market value of $1.00 per share. At September 30, 2007, the Company
        calculated the value of the options using the Black-Scholes model based on
        the
        following assumptions: a risk-free rate of 5.00%, volatility of 146%, estimated
        life of 10 years and a fair market value of $0.79 per share. The vesting
        schedule is prorated over the reporting period, and approximately $58,598
        and
        $70,102, respectively, was recorded as consulting expense during the nine
        months
        ended September 30, 2007 and 2006.
 
  14
  **NOTE
        9 - SUBSEQUENT EVENTS**
 
 On
        October 1, 2007, the Company entered into a consulting agreement with a
        consultant whereby the consultant would provide such services as developing
        marketing strategies, market analysis and other research services for period
        of
        twelve months. As consideration, the consultant will receive monthly cash
        compensation of $6,500 and warrants to purchase 150,000 shares of the Company’s
        common stock with an exercise price of $0.80 per share which vest over twelve
        months.
 
 During
        October 2007, the Company granted employee stock options to two employees
        for a
        total of 50,000 shares of common stock with an exercise price of $0.95 per
        share. The employee stock options vest over a five year period.
  15


**Item
      2. Management’s Discussion and Analysis or Plan of
      Operation**




**MANAGEMENT’S
      DISCUSSION AND ANALYSIS AND PLAN OF OPERATION**


*Statements
        included in this management’s discussion and analysis of financial condition and
        results of operations, and in future filings by the company with the securities
        and exchange commission, in the company’s press releases and in oral statements
        made with the approval of an authorized executive officer which are not
        historical or current facts are “forward-looking statements” and are subject to
        certain risks and uncertainties that could cause actual results to differ
        materially from historical earnings and those presently anticipated or
        projected. You are cautioned not to place undue reliance on any such
        forward-looking statements, which speak only as of the date made. The following
        important factors, among others, in some cases have affected and in the future
        could affect the company’s actual results and could cause the company’s actual
        financial performance to differ materially from that expressed in any
        forward-looking statement: (i) the extremely competitive conditions that
        currently exist in the market for companies similar to the company and
        (ii) lack of resources to maintain the company’s good standing status and
        requisite filings with the securities and exchange commission. The foregoing
        list should not be construed as exhaustive and the company disclaims any
        obligation subsequently to revise any forward-looking statements to reflect
        events or circumstances after the date of such statements or to reflect the
        occurrence of anticipated or unanticipated events. The following discussion
        should be read in conjunction with our financial statements and their
        explanatory notes included as part of this quarterly report.*
 
 **I.  OVERVIEW**
 
 We
        were
        initially incorporated in the State of New Mexico as Novint Technologies,
        Inc.
        in April 1999. On February 26, 2002, we changed our state of incorporation
        to
        Delaware by merging into Novint Technologies, Inc., a Delaware corporation.
        We
        have no subsidiaries and operate our business under Novint Technologies,
        Inc. We
        are a haptics technology company (haptics refers to your sense of touch).
        We
        develop, market and sell applications and technologies that allow people
        to use
        their sense of touch to interact with computers.
 
 To
        date,
        we have derived the majority of our revenues developing professional
        applications for our customers. We have completed a number of contracts with
        companies such as Aramco, Lockheed Martin, Chrysler, Chevron, Sandia National
        Laboratories, The Falk Group and Woods Hole Oceanographic
        Institute.
 
 Although
        we continue our operations in professional applications for our customers,
        we
        have started to focus more of our attention in leveraging our computer touch
        technology to exploit opportunities in the consumer console and PC interactive
        computer games market. Using our haptics technology, games and applications
        will
        have the crucial missing “third sense”, touch, to human computer interaction.
        Users will be able to directly and intuitively feel the shape, texture, and
        physical properties of virtual objects using our computer touch software.
        Our
        haptic technology and related hardware for consumers is now the primary focus
        of
        our operations whereas in the past it had been professional applications.
        We
        will devote a majority of our resources to further developing this market,
        and
        seeking new business relationships with video game developers and publishers
        and
        hardware manufacturers. We began selling our haptic product, the Novint Falcon,
        in June 2007 through our website at www.novint.com. We currently are selling
        one
        haptic product which is a haptic game controller device called the Novint
        Falcon
        marketed in a bundled package which includes several games. Although our
        sales
        of the Novint Falcon since product launch have been limited, we anticipate
        sales
        of the Novint Falcon to increase as we increase sales and distributions to
        retailers and as we release new software and games in 2008.
 
 **II.  CRITICAL
        ACCOUNTING POLICIES AND ESTIMATES**
 
 High-quality
        financial statements require rigorous application of accounting policies.
        Our
        policies are discussed in our financial statements for the quarter ended
        September 30, 2007, and are considered by management to be critical for an
        understanding of our financial statements because their application places
        the
        most significant demands on management’s judgment, with financial reporting
        results relying on estimation about the effect of matters that are inherently
        uncertain. We review the accounting policies we use in reporting our financial
        results on a regular basis. As part of such review, we assess how changes
        in our
        business processes and products may affect how we account for transactions.
        We
        have not changed our critical accounting policies or practices during 2007.
        However, we are evaluating how improvements in processes and other changes
        in
        haptics technology and our emerging video games business may impact revenue
        recognition policies in the future.
   16
   REVENUE
        AND COST RECOGNITION — We recognize revenue from the sale of software products
        under the provisions of SOP 97-2, Software Revenue Recognition, as amended
        by
        SOP 98-4 and SOP 98-9. SOP 97-2 generally requires that revenue recognized
        from
        software arrangements be allocated to each element of the arrangement based
        on
        the relative vendor specific objective evidence of fair values of the elements,
        such as software products, upgrades, enhancements, post contract customer
        support, installation, or training. Under SOP 97-2, if the determination
        of
        vendor specific objective evidence of fair value for each element of the
        arrangement does not exist, all revenue from the arrangement is deferred
        until
        such time that evidence does exist or until all elements of the arrangement
        are
        delivered.
 
 Our
        revenue recognition policy is as follows:
 
 Project
        revenue consists of programming services provided to unrelated parties under
        fixed-price contracts. Revenues from fixed price programming contracts are
        recognized in accordance with Statement of Position (SOP) 81-1, Accounting
        for
        Performance of Construction-Type and Certain Production-Type Contracts, and
        Accounting Research Bulletin (ARB) 45, Long-Term Construction-Type Contracts,
        using the percentage-of-completion method, measured by the percentage of
        costs
        incurred to date compared with the total estimated costs for each contract.
        Novint accounts for these measurements on the balance sheet under costs and
        estimated earnings in excess of billings on contracts, and billings in excess
        of
        costs and estimated earnings on contracts. Provisions for estimated losses
        on
        uncompleted contracts are made and recorded in the period in which the loss
        is
        identified.
 
 Revenue
        from product sales relates to the sale of the Falcon haptics interface, which
        is
        a human-computer user interface (the Falcon). The Falcon allows the user
        to
        experience sensory information when using a computer and its handle and is
        the
        approximate size and shape of a writing instrument. The Falcons are manufactured
        by an unrelated party.
 
 Emerging
        Issues Task Force (EITF) 00-10, Accounting for Shipping and Handling Fees
        and Costs, require amounts billed to a customer in a sales transaction related
        to shipping and handling, if any, to be classified and accounted for as revenues
        earned for the goods provided whereas shipping and handling costs incurred
        by a
        company are required to be classified as cost of sales. The Company’s costs
        associated with shipping product items to the Company’s customers are included
        in the Company’s Cost of Goods Sold.
 
 Our
        customers are provided a warranty through our supplier. This warranty guarantees
        that the supplier’s products shall be free from manufacturing defects. The
        supplier agrees to provide, free of charge, replacements for any components
        found to be defective within 1 year of delivery. As of September 30, 2007,
        we
        have accrued $3,028 as warranty reserve.
 
 IMPAIRMENT
        — In accordance with SFAS 144, Accounting for the Impairment or Disposal of
        Long-Lived Assets, we review our long-lived assets for impairment whenever
        events or changes in circumstances indicate that the carrying amount of an
        asset
        may not be recoverable. Recoverability of assets to be held and used is measured
        by a comparison of the carrying amount of an asset to future net cash flows
        expected to be generated by the asset. If such assets are considered to be
        impaired, the impairment to be recognized is measured by the amount by which
        the
        carrying amount of the assets exceeds the fair value of the assets. Assets
        to be
        disposed of are reported at the lower of the carrying amount or fair value
        less
        costs to sell.
 
 SOFTWARE
        DEVELOPMENT COSTS — We account for our software development costs in accordance
        with SFAS 86, Accounting for the Costs of Computer Software to be Sold, Leased,
        or Otherwise Marketed. This statement requires that, once technological
        feasibility of a developing product has been established, all subsequent
        costs
        incurred in developing that product to a commercially acceptable level be
        capitalized and amortized ratably over the estimated life of the product,
        which
        is 5 years. We have capitalized software development costs in connection
        with
        our haptic software beginning in 2000. Amortization is computed on the
        straight-line basis over the remaining life (five years) of our software
        platform.
   17
 
 STOCK
        BASED COMPENSATION - We account for stock based compensation in accordance
        with
        SFAS 123(R), Share-Based Payment which requires the measurement and recognition
        of compensation expense for all share-based payment awards made to employees
        and
        directors, including employee stock options and employee stock purchases,
        related to a Employee Stock Purchase Plan based on the estimated fair values.
        We
        have used stock option awards in the past and continue to use them as a means
        of
        rewarding our employees and directors for their continued commitment and
        efforts
        in helping us execute our overall business plans.
  **RESULTS
        OF OPERATIONS**
 
 THREE
        MONTHS ENDED SEPTEMBER 30, 2007 COMPARED TO THE THREE MONTHS ENDED SEPTEMBER
        30,
        2006
 
 REVENUES.
        During the three months ended September 30, 2007, we had revenues of $87,677
        as
        compared to revenues of $55,981 during the three months ended September 30,
        2006, an increase of approximately 57%. During the three months ended September
        30, 2007, our revenues were derived from the development of professional
        applications for customers totaling $5,892, and the sale of our haptic
        technology product totaling $81,785. In 2006, we redirected much of our
        attention in the development and completion of our haptics technology and
        hardware platforms for consumers. Our haptic game controller device was launched
        in June 2007. We still generated revenues during both periods from developing
        professional applications. We will continue to provide development of
        professional applications in future years but not at the levels experienced
        in
        prior years since we believe our future growth will be centered around our
        haptics technology and hardware platform for consumers.
 
 COST
        OF
        GOODS SOLD AND GROSS PROFIT (LOSS). Cost of Goods Sold, which consists of
        the
        cost of the haptic technology products sold, materials purchased for resale
        to
        customers and the direct labor incurred for delivering on projects, were
        $90,465
        for the three months ended September 30, 2007, compared to $37,132 for the
        three
        months ended September 30, 2006. During the three months ended September
        30,
        2007, our cost of goods sold comprised of cost associated with labor for
        projects and costs associated with our haptic technology product. Our overall
        gross loss percentage was approximately (3)% for the three months ended
        September 30, 2007, compared to a gross profit percentage of 34% for the
        three
        months ended September 30, 2006. For the three months ended September 30,
        2007,
        our gross profit from our development of professional applications approximated
        56%, and gross loss from the sale of our haptics technology product approximated
        (7)%. Our gross loss experienced from the sale of our haptics technology
        product
        has improved since last quarter, but is still impacted by high freight
        costs to meet the demands of the initial product distribution .
 
 RESEARCH
        AND DEVELOPMENT EXPENSES. Research and development totaled $290,932 for the
        three months ended September 30, 2007 compared to $87,802 for the three months
        ended September 30, 2006, an increase of $203,130 or 231%. Our research and
        development for 2007 increased as development was completed for the various
        software applications of our haptics technology. We anticipate our research
        and
        development expenses to remain at the current levels as we continue to develop
        new software associated with the haptics technology product.
  GENERAL
        AND ADMINISTRATIVE EXPENSES. General and administrative expenses totaled
        $1,160,109 for the three months ended September 30, 2007, compared to $922,241
        for the three months ended September 30, 2006, an increase of $237,868 or
        26%.
        The increase in general and administrative expenses compared to the prior
        year
        was primarily related to the growth in the business to support the sales
        and
        marketing of the haptic technology. Business and professional fees decreased
        approximately $248,000, and payroll and other overhead expenses increase
        approximately $454,600 as new employees and other expenses are added to expand
        the business. We anticipate such expenses to continue to slightly increase
        as we
        establish the necessary organization for the business.
   18
 
 SALES
        AND
        MARKETING EXPENSE. Sales and marketing expense totaled $452,148 for the three
        months ended September 30, 2007 compared to $37,975 for the three months
        ended
        September 30, 2006, an increase of $414,173 or 1,091%. The increase was
        primarily contributed to website development, trade show expenses and a
        promotional “Swoop” tour to promote the product immediately following the launch
        of the product in June 2007. This promotional effort will continue in
        2007.
 
 LOSS
        FROM
        OPERATIONS. We had a Loss from Operations of $1,999,856 for the three months
        ended September 30, 2007, compared to a Loss from Operations of $1,054,981
        for
        the three months ended September 30, 2006. Our operating losses have increased
        as a result of the changes in our operating expenses as described
        above.
 
 NET
        LOSS.
        We had a net loss of $1,917,810, or $0.06 per share, for the three months
        ended
        September 30, 2007, compared to $1,060,589, or $0.06 per share, for the three
        months ended September 30, 2006. Our net losses increased as a result of
        the
        increase in our operating expenses as described above. Additionally, our
        interest expense decreased $2,768, and interest income increased $84,886.
 
 NINE
        MONTHS ENDED SEPTEMBER 30, 2007 COMPARED TO THE NINE MONTHS ENDED SEPTEMBER
        30,
        2006
 
 REVENUES.
        During the nine months ended September 30, 2007, we had revenues of $282,071
        as
        compared to revenues of $139,542 during the nine months ended September 30,
        2006, a increase of approximately 102%. During the nine months ended September
        30, 2007, our revenues were derived from the development of professional
        applications for customers, and the sale of our Haptic technology product.
        In
        2006, we redirected much of our attention to the development and completion
        of
        our haptics technology and hardware platforms for consumers. Our haptic game
        controller device product was launched in June 2007. We still generated revenues
        during both periods from developing professional applications. We will still
        continue to provide development of professional applications in future years
        but
        not at the level of prior years since we believe our future growth will be
        centered on our haptics technology and hardware platform for
        consumers.
 
 COST
        OF
        GOODS SOLD AND GROSS PROFIT (LOSS). Cost of Goods Sold, which consists of
        the
        cost of the haptic technology products sold, materials purchased for resale
        to
        customers and the direct labor incurred for delivering on projects, were
        $255,645 for the nine months ended September 30, 2007, compared to $100,699
        for
        the nine months ended September 30, 2006. During the nine months ended September
        30, 2007, our cost of goods sold is comprised of cost associated from
        development of professional applications totaling $126,304, and cost associated
        with our haptic technology product totaling $129,341. Our overall gross profit
        percentage was approximately 9% for the nine months ended September 30, 2007,
        compared to 28% for the nine months ended September 30, 2006. For the nine
        months ended September 30, 2007, our gross profit from our development of
        professional applications approximated 23% and gross loss from the sale of
        our
        haptics technology product approximated (10)%. The decrease in gross profit
        percentage was primarily related a shift in sales to our haptics technology
        product, which has a lower margin than sales from professional applications
        The
        lower margin in sales of our haptics technology product is principally due
        to
        our high freight costs incurred to meet the demands of the initial product
        distribution. Recently, we have established a group inside the Company to
        continue focusing on the professional applications market.
 
 RESEARCH
        AND DEVELOPMENT EXPENSES Research and development totaled $913,573 for the
        nine
        months ended September 30, 2007 compared to $251,346 for the nine months
        ended
        September 30, 2006, an increase of $662,227 or 263%. Our research and
        development for 2007 increased as development was completed for the various
        software applications of our haptics technology. We anticipate our research
        and
        development expenses to remain at the current levels as we continue to develop
        new software associated with the haptics technology product.
   19
 
 GENERAL
        AND ADMINISTRATIVE EXPENSES. General and administrative expenses totaled
        $3,730,676 for the nine months ended September 30, 2007, compared to $1,943,231
        for the nine months ended September 30, 2006, an increase of $1,787,445 or
        92%.
        The increase in general and administrative expenses compared to the prior
        year
        was primarily related to activity while preparing for the launch of haptic
        technology sales, professional fees to complete a round of funding in May,
        and
        the addition of employees to support the product sales business. Business
        and
        professional fees increased approximately $984,000 for business development
        consulting during 2007. Payroll and other overhead expenses increase
        approximately $772,000 in support of bringing the technology to market during
        latter part of the 2 nd quarter
        of 2007. We anticipate some continued increase in payroll and other overhead
        expenses for the remaining periods in 2007 as we fully commence the sales
        of our
        haptics technology product.
  SALES
        AND
        MARKETING EXPENSE Sales and marketing expense totaled $770,197 for the nine
        months ended September 30, 2007 compared to $124,410 for the nine months
        ended
        September 30, 2006, an increase of $645,787 or 519%. The increase was primarily
        attributable to website development, trade show expenses and a promotional
        “Swoop” tour to promote the product immediately following the launch of the
        product in June 2007. This promotional effort will continue in
        2007.
 
 LOSS
        FROM
        OPERATIONS. We had a loss from operations of $5,591,016 for the nine months
        ended September 30, 2007, compared to a loss from operations of $2,355,854
        for
        the nine months ended September 30, 2006. Our operating losses have increased
        as
        a result of the increase in our operating expenses as described
        above.
 
 NET
        LOSS.
        We had a net loss of $5,545,142, or $0.19 per share, for the nine months
        ended
        September 30, 2007, compared to $2,562,371, or $0.15 per share, for the nine
        months ended September 30, 2006. Our net losses increased as a result of
        the
        increase in our operating expenses as described above. Additionally, our
        interest expense decreased $59,957, and we had interest income of $192,573
        in
        2007, since all debt was eliminated in the first quarter of 2007.
 
 **LIQUIDITY
        AND CAPITAL RESOURCES**
 
 As
        of
        September 30, 2007, the Company had total current assets of $6,072,742 and
        total
        current liabilities of $695,858, resulting in a working capital surplus of
        $5,376,884. As of September 30, 2007, the Company had cash totaling $2,680,334
        and an investment in marketable debt instruments of $1,993,633. Net cash
        used in
        operating activities for the nine months ended September 30, 2007 totaled
        $4,856,385 compared to $1,195,285 in the same period of the prior year. The
        increase in net cash used in operating activities compared to the prior year
        is
        primarily due to the increase in net loss. Net cash used in investing activities
        for the nine months ended September 30, 2007 totaled $2,800,423 compared
        to
        $34,229 in the same period of the prior year. The increase in net cash used
        in
        investing activities compared to the prior year was primarily due to a
        $1,994,000 cash outlay in investing marketable debt instruments and $407,000
        capital outlay for software development costs. Net cash provided by financing
        activities for the nine months ended September 30, 2007 totaled $10,081,674
        compared to $2,010,500 in the same period of the prior year. The increase
        in
        cash provided by financing activities compared to the prior year was primarily
        due to approximately $10,330,000 received from the sale of shares of common
        stock with warrants through an equity agreement and exercise of stock purchase
        warrants net of offering costs of $385,010. This recent equity raise should
        allow the Company to further develop its haptics technology, as well as seek
        and
        develop strategic partnerships with game publishers and hardware manufacturers
        that will utilize the Company’s haptics technology. The Company believes that it
        has sufficient capital to sustain its operations beyond twelve months and
        execute its current business plans with respect to the haptics
        technology.




**Item 3.
        Controls and Procedures**
 
 We
        carried out an evaluation, under the supervision and with the participation
        of
        our management, including our President, Chief Executive Officer, and Acting
        Chief Financial Officer, of the effectiveness of the design and operation
        of our
        disclosure controls and procedures pursuant to Exchange Act Rule 13a-14 as
        of the end of the period covered by this report. Based upon that evaluation,
        our
        President, Chief Executive Officer, and Acting Chief Financial Officer concluded
        that the our disclosure controls and procedures are effective to ensure the
        information required to be disclosed by us in reports filed or submitted
        under
        the Exchange Act were timely recorded, processed and reported within the
        time
        periods specified in the Securities and Exchange Commission rules and forms.
 
 There
        have been no significant changes in our internal controls over financial
        reporting or in other factors which occurred during the last quarter covered
        by
        this report, which could materially affect or are reasonably likely to
        materially affect our internal controls over financial
        reporting.




20






**PART
      II — OTHER INFORMATION**




**Item
      1. Legal Proceedings**





None.




**Item
      2. Unregistered Sales of Equity Securities and Use of
      Proceeds**





In
      August 2007, we issued 250,000 shares of common stock at a price per share
      of $1.00, together with Common Stock Purchase Warrants to purchase 62,500 shares
      of common stock at an exercise price of $1.50 per share, exercisable until
      August 2012. The recipient of the common stock and warrant was an
      accredited investor within the meaning of Regulation D of the Securities
      Act. We relied upon the exemption from registration as set forth in
      Section 4(2) of the Securities Act for the issuance of these securities.
      The holder took the securities for investment purposes without a view to
      distribution and had access to information concerning us and our business
      prospects, as required by the Securities Act. In addition, there was no general
      solicitation or advertising for the issuance of the securities. The holder
      was
      permitted access to our management for the purpose of acquiring investment
      information. Due to the holder’s status as an accredited investor and its
      dealings with development companies generally, we deem the holder sophisticated
      for the purposes of Section 4(2) of the Securities Act.




**Item
      3. Defaults Upon Senior Securities**





None.




**Item
      4. Submission of Matters to a Vote of Security Holders**





None.






21






**Item
      5. Other Information**





None.




**Item
      6. Exhibits**


**Number**
              **Description**3.1
                  (9)
              Amend
                  and Restated Certificate of Incorporation3.2
                  (6)
              Amended
                  and Restated Bylaws3.3
                  (1)
              Articles
                  of Merger3.4
                  (1)
              Certificate
                  of Merger4.1
                  (1)
              Articles
                  of Incorporation (See Exhibit 3.1)4.2
                  (3)
              Form
                  of Common Stock Purchase Warrant, April 20064.3
                  (7)
              Form
                  of Common Stock Purchase Warrant, March 200710.1
                  (1)
              License
                  Agreement with Sandia; Amendments10.2
                  (1)
              Lease
                  for 9620 San Mateo10.3
                  (1)
              Employment
                  Agreement with Tom Anderson10.4
                  (1)
              Employment
                  Agreement with Walter Aviles10.5
                  (10)
              Amended
                  and Restated 2004 Stock Incentive Plan10.6
                  (1)
              Shareholders
                  Agreement10.7
                  (1)
              Lock
                  Up Agreement10.8
                  (1)
              Miscellaneous
                  Technical Services Agreement between Aramco Services Company and
                  Novint
                  Technologies, Inc.10.9
                  (1)
              Contract
                  Addendum between Aramco Services Company and Novint Technologies,
                  Inc.10.10
                  (1)
              Amendment
                  to Contract between Aramco Services Company and Novint Technologies,
                  Inc.10.11
                  (1)
              Amendment
                  to Contract between Aramco Services Company and Novint Technologies,
                  Inc.10.12
                  (1)
              Statement
                  of Work between Chevron Corporation and Novint Technologies,
                  Inc.10.13
                  (1)
              Purchase
                  Order from DaimlerChrylser Corporation10.14
                  (1)
              Purchase
                  Order # 94059 from LockheedMartin Corporation10.15
                  (1)
              Purchase
                  Order # 96996 from LockheedMartin Corporation10.16
                  (1)
              Purchase
                  Order # 97860 from LockheedMartin
                  Corporation
   22
   10.17
                  (1)
              Purchase
                  Order # Q50601685 from LockheedMartin Corporation10.18
                  (1)
              Purchase
                  Order # QQ060592 from LockheedMartin Corporation10.19
                  (1)
              Purchase
                  Order # Q50608809 from LockheedMartin Corporation10.20
                  (1)
              Purchase
                  Order # 24232 from Sandia National Laboratories10.21
                  (1)
              Purchase
                  Order # 27467 from Sandia National Laboratories10.22
                  (1)
              Purchase
                  Order # 117339 from Sandia National Laboratories10.23
                  (1)
              Purchase
                  Order # 250810 from Sandia National Laboratories10.24
                  (1)
              Undersea
                  Exploration Modeling Agreement between Woods Hole Oceanographic
                  Institute
                  and Novint Technologies, Inc.10.25
                  (1)
              Purchase
                  Order for Lunar Design, Inc. dated April 7, 200510.26
                  (1)
              Sublicense
                  Agreement between Manhattan Scientifics and Novint Technologies,
                  Inc.10.27
                  (1)
              License
                  and Royalty Agreement between Manhattan Scientifics and Novint
                  Technologies, Inc.10.28
                  (1)
              Research
                  Development and License Agreement between Manhattan Scientifics
                  and Novint
                  Technologies, Inc.10.29
                  (1)
              Intellectual
                  Property License Agreement with Force Dimension LLC10.30
                  (1)
              Purchase
                  Order with Lockheed Martin dated April 1, 200510.31
                  (1)
              Purchase
                  Order with Lockheed Martin dated April 4, 200510.32
                  (1)
              Purchase
                  Order with Lockheed Martin dated April 21, 200510.33
                  (1)
              Purchase
                  Order with Deakin University dated April 6, 200410.34
                  (1)
              Purchase
                  Order with Robarts Research dated September 24, 200410.35
                  (1)
              Purchase
                  Order with University of New Mexico dated March 16,
                  200410.36
                  (1)
              Amendment
                  to Agreement with Force Dimension Dated May 5, 200510.37
                  (1)
              Amendment
                  to contract between Aramco Services Company and Novint Technologies,
                  Inc.10.38
                  (2)
              Purchase
                  Order with Lockheed Martin dated February 16, 200610.39
                  (2)
              Amendment
                  to Intellectual Property License Agreement with Force Dimension
                  LLC dated
                  March 9, 200610.40
                  (2)
              Purchase
                  Order with Lockheed Martin dated March 3, 200610.41
                  (3)
              Form
                  of Subscription Agreement for Securities, April 2006.10.42
                  (4)
              Board
                  of Directors Agreement between V. Gerald Grafe and Novint Technologies,
                  Inc.10.44
                  (5)
              Manufacturing
                  Agreement dated December 19, 2006 by and between Novint Technologies,
                  Inc.
                  and VTech Communications Ltd.
   23
   10.45
                  (5)
              Novint
                  Purchase Order 1056. (Portions of this exhibit have been omitted
                  pursuant
                  to a request for confidential treatment.)10.46
                  (7)
              Form
                  of Unit Subscription Agreement, March 200710.47
                  (7)
              Form
                  of Investor Rights Agreement, March 200710.48
                  (8)
              Amendment
                  No. 1 to Unit Subscription Agreement dated March 2,
                  200710.49
                  (8)
              Amendment
                  No. 2 to Unit Subscription Agreement dated March 30,
                  200710.50
                  (8)
              Amendment
                  No. 1 to Investor Rights Agreement dated March 30, 200710.51
                  (10)
              Purchase
                  Order with The Falk Group, LLC dated January 16, 200710.52
                  (11)
              Tournabout
                  Intellectual Property Acquisition Agreement dated July 17,
                  200710.53
                  (12)
              Lease
                  Agreement dated May 29, 200710.54
                  (12)
              Lease
                  Agreement dated June 21, 200714
                  (2)
              Code
                  of Ethics31
              Certification
                  Pursuant To Section 302 Of The Sarbanes-Oxley Act Of 2002 — Chief
                  Executive Officer and Chief Financial Officer32
              Certification
                  Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant To Section
                  906 Of
                  The Sarbanes-Oxley Act Of 2002 — Chief Executive Officer and Chief
                  Financial Officer


(1)
              
              Filed
                  with the Issuer’s Registration Statement on Form SB-2 on May 17, 2004, and
                  as subsequently amended, and incorporated herein by
                  reference.(2)
              
              Filed
                  with the Issuer’s Annual Report on Form 10-KSB, filed with the Commission
                  on April 17, 2006, and incorporated herein by
                  reference.(3)
              
              Filed
                  with the Issuer’s Periodic Report on Form 10-QSB, filed with the
                  Commission on May 22, 2006, and incorporated herein by
                  reference.(4)
              
              Filed
                  with the Issuer’s Current Report on Form 8-K, filed with the Commission on
                  September 22, 2006, and incorporated herein by
                  reference.(5)
              
              Filed
                  with the Issuer’s Current Report on Form 8-K, filed with the Commission on
                  December 20, 2006, and incorporated herein by
                  reference.(6)
              
              Filed
                  with the Issuer’s Current Report on Form 8-K, filed with the Commission on
                  March 1, 2007.(7)
              
              Filed
                  with the Issuer’s Current Report on Form 8-K, filed with the Commission on
                  March 9, 2007.
   24
   (8)
              
              Filed
                  with the Issuer’s Periodic Report on Form 10-QSB, filed with the
                  Commission on May 15, 2007.(9)
              
              Filed
                  with the Issuer’s Current Report on Form 8-K, filed with the Commission on
                  June 21, 2007.(10)
              
              Filed
                  with the Issuer’s Registration Statement on Form SB-2 on May 24,
                  2007.(11)
              
              Filed
                  with the Issuer’s Current Report on Form 8-K, filed with the Commission on
                  July 20, 2007.(12)
              
              Filed
                  with the Issuer’s Registration Statement on Form SB-2 on July 27,
                  2007.


All
      other
      exhibits are filed herewith.






25






**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.




**NOVINT
                TECHNOLOGIES, INC.**By:
            /s/
                TOM ANDERSONTom
                AndersonNovember
                15, 2007
            
            Chief
                Executive Officer, President and Chief Financial Officer (Principal
                Executive, Financial and Accounting Officer)








26





**EXHIBIT
      INDEX**




**Number**
            
            **Description**31
            
            Certification
                Pursuant To Section 302 Of The Sarbanes-Oxley Act Of 2002 — Chief
                Executive Officer and Chief Financial Officer32
            
            Certification
                Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant To Section
                906 Of
                The Sarbanes-Oxley Act Of 2002 — Chief Executive Officer and Chief
                Financial Officer








27