**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      DC 20549**

**FORM      10-QSB**

| **x** | **Quarterly                Report Under Section 13 or 15(****d****)                of the Securities Exchange Act of                1934.** |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------|

**For      the Quarterly Period Ended February 28, 2006**

**or**

| **o** | **Transition                Report Under Section 13 or 15(d) of the Securities Exchange Act of                1934.** |
|-------|-----------------------------------------------------------------------------------------------------------------------|

**For      the Transition Period From ____________________ To      __________________**

**Commission      File Number: 000-51007**

**NANOSENSORS,      INC.**

| **Nevada**                                                                                   | **200452700**                                       |
|----------------------------------------------------------------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction of incorporation                or organization) | (I.R.S.                Employer Identification No.) |
|                                                                                         |                                                |
| **1800                Wyatt Drive, Suite #2****Santa                Clara, CA**              | **95054**                                           |
| (Address                of principal executive offices)                                      | (Zip                Code)                           |

**Issuer’s      telephone number: (408) 855-0051**

| **N/A**                                                                                                        |
|----------------------------------------------------------------------------------------------------------------|
| (Former                Name, Former Address and Former Fiscal Year, if ChangesSince                Last Report |

| Class                                                 |   | Outstanding                at April 18, 2006 |
|-------------------------------------------------------|--------|----------------------------------------------|
| Common                Stock, $001 par value per share |   | 206,425,000                shares            |

----

**NANOSENSORS,      INC.**

**INDEX**

|                                                                                          | Page(s) |
|-----------------------------------------------------------------------------------------------|---------|
| **PART                I. FINANCIAL INFORMATION**                                              |    |
|                                                                                          |    |
| **ITEM                1. CONDENSED FINANCIAL STATEMENTS**                                     | 3       |
|                                                                                          |    |
| Balance                Sheets - February 28, 2006 (unaudited)                                 | 3       |
|                                                                                          |    |
| Statements                of Operations for the Period from date of inception                 |    |
| to                February 28, 2006 and the three month periods                               |    |
| ended                February 28, 2005 and February 28, 2006 (unaudited)                      | 4       |
|                                                                                          |    |
| Statements                of Cash Flows for the Period from the date of inception             |    |
| to                February 28, 2006 and the three month periods                               |    |
| ended                February 28, 2005 and February 28, 2006 (unaudited)                      | 5       |
|                                                                                          |    |
| Statement                of Shareholders’ Equity for the Period from the date of        |    |
| inception                to February 28, 2006 (unaudited)                                     | 6       |
|                                                                                          |    |
| Notes                to Financial Statements                                                  | 7       |
|                                                                                          |    |
| **ITEM                2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF**                 |    |
| **FINANCIAL                CONDITION AND RESULTS OF OPERATIONS**                              | 11      |
|                                                                                          |    |
| **ITEM                3. CONTROLS AND PROCEDURES**                                            | 15      |
|                                                                                          |    |
| **PART                II. OTHER INFORMATION**                                                 |    |
|                                                                                          |    |
| **ITEM                1. LEGAL PROCEEDINGS.**                                                 | 15      |
|                                                                                          |    |
| **ITEM                2. CHANGES IN SECURITIES**                                              | 15      |
|                                                                                          |    |
| **ITEM                3. DEFAULTS UPON SENIOR SECURITIES**                                    | 16      |
|                                                                                          |    |
| **ITEM                4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY                HOLDERS** | 16      |
|                                                                                          |    |
| **ITEM                5. OTHER INFORMATION**                                                  | 16      |
|                                                                                          |    |
| **ITEM                6. EXHIBITS**                                                           | 16      |
|                                                                                          |    |
| Signatures                                                                                    | 17      |
|                                                                                          |    |
| Certifications                                                                                |    |

----

**PART      I. FINANCIAL INFORMATION**

**ITEM      1. FINANCIAL STATEMENTS**

**NANOSENSORS,      INC.**

**(A      Development Stage Company)**

**CONDENSED      BALANCE SHEETS**

|                                                                                                                                                                                                                                       |   | **February                  28, 2006** |       | **November                  30, 2005** |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------|------------|----------------------------------------|--------|
|                                                                                                                                                                                                                                       |   | **(Unaudited)**                        |       |                                   |   |
| **ASSETS**                                                                                                                                                                                                                                 |   |                                   |       |                                   |   |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |
| **CURRENT                  ASSETS:**                                                                                                                                                                                                       |   |                                   |       |                                   |   |   |   |
| Cash                                                                                                                                                                                                                                       |   | $                                      | 128,389    |                                   | $      | 191,940 |   |
| Prepaid                  Expense                                                                                                                                                                                                           |   |                                   | 1,997      |                                   |   | - |   |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |  |   |
| **TOTAL                  CURRENT ASSETS**                                                                                                                                                                                                  |   |                                   | 130,386    |                                   |   | 191,940 |   |
|                                                                                                                                                                                                                                       |   |                                   |            |                                   |   |   |   |
| **PROPERTY                    AND EQUIPMENT -** net of accumulated depreciation of $3,600 and                    $3,200, respectively                                                                                                      |   |                                   | 4,400      |                                   |   | 4,800 |   |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |  |   |
| **OTHER                  ASSETS:**                                                                                                                                                                                                         |   |                                   |       |                                   |   |  |   |
| Web                  site development - net of amortization of $417                                                                                                                                                                        |   |                                   | 4,584      |                                   |   | - |   |
| Deposit                                                                                                                                                                                                                                    |   |                                   | 3,000      |                                   |   | 3,000 |   |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |   |   |
|                                                                                                                                                                                                                                       |   |                                   | 7,584      |                                   |   | 3,000 |   |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |   |   |
| **TOTAL                  ASSETS**                                                                                                                                                                                                          |   | $                                      | 142,370    |                                   | $      | 199,740 |   |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |   |   |
| **LIABILITIES                  AND SHAREHOLDERS' DEFICIT**                                                                                                                                                                                 |   |                                   |       |                                   |   |   |   |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |   |   |
| **CURRENT                  LIABILITIES:**                                                                                                                                                                                                  |   |                                   |       |                                   |   |   |   |
| Accounts                  payable and accrued expenses                                                                                                                                                                                     |   | $                                      | 247,825    |                                   | $      | 246,830 |   |
| Accounts                  payable - related party                                                                                                                                                                                          |   |                                   | 158,557    |                                   |   | 163,757 |   |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |  |   |
| **TOTAL                  CURRENT LIABILITIES**                                                                                                                                                                                             |   |                                   | 406,382    |                                   |   | 410,587 |   |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |   |   |
| **COMMITMENTS                  AND CONTINGENCIES**                                                                                                                                                                                         |   |                                   |       |                                   |   |   |   |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |   |   |
| **SHAREHOLDERS'                  DEFICIT:**                                                                                                                                                                                                |   |                                   |       |                                   |   |   |   |
| Common                      stock, $.001 par value; 500,000,000 shares authorized; 206,425,000                      and                      205,025,000 shares issued and outstanding in 2005 and 2004,                      respectively |   |                                   | 206,425    |                                   |   | 205,025 |   |
| Additional                  paid-in capital                                                                                                                                                                                                |   |                                   | 697,852    |                                   |   | 659,752 |   |
| Deficit                  accumulated during the development stage                                                                                                                                                                          |   |                                   | (1,168,289 | )                                      |   | (1,075,624 | ) |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |   |   |
|                                                                                                                                                                                                                                       |   |                                   | (264,012   | )                                      |   | (210,847 | ) |
|                                                                                                                                                                                                                                       |   |                                   |       |                                   |   |   |   |
| **TOTAL                  LIABILITIES AND SHAREHOLDERS' DEFICIT**                                                                                                                                                                           |   | $                                      | 142,370    |                                   | $      | 199,740 |   |

----

**NANOSENSORS,        INC.**

**(A        Development Stage Company)**

**STATEMENTS        OF OPERATIONS**

**(Unaudited)**

|                                                                                           |   | **For                  the Cumulative**     |        |                                      |   |                                      |   |
|------------------------------------------------------------------------------------------------|--------|---------------------------------------------|-------------|-------------------------------------------|--------|-------------------------------------------|--------|
|                                                                                           |   | **Period                  from Inception**  |        |                                      |   |                                      |   |
|                                                                                           |   | **(December                  23, 2003) to** |        | **Three                    Months Ended** |   | **Three                    Months Ended** |   |
|                                                                                           |   | **February                  28, 2006**      |        | **February                  28, 2006**    |   | **February                  28, 2005**    |   |
| **NET                  SALES**                                                                 |   | $                                           | 11,688      |                                      | $      | -                                         |   | $ | - |   |
|                                                                                           |   |                                        |        |                                      |   |                                      |   |   |   |   |
| **COSTS                  AND EXPENSES:**                                                       |   |                                        |        |                                      |   |                                      |   |   |   |   |
| General                  and Administrative Expense                                            |   |                                        | 585,560     |                                      |   | 91,854                                    |   |   | 19,338 |   |
| Research                  and Development                                                      |   |                                        | 477,450     |                                      |   | -                                         |   |   | 101,788 |   |
| Depreciation                  and Amortization                                                 |   |                                        | 37,267      |                                      |   | 817                                       |   |   | 5,150 |   |
| Write-off                  of Licences                                                         |   |                                        | 61,750      |                                      |   | -                                         |   |   | - |   |
|                                                                                           |   |                                        |        |                                      |   |                                      |   |   |   |   |
| **TOTAL                  COSTS AND EXPENSES**                                                  |   |                                        | 1,162,027   |                                      |   | 92,671                                    |   |   | 126,276 |   |
|                                                                                           |   |                                        |        |                                      |   |                                      |   |   |   |   |
| **LOSS                  FROM OPERATIONS**                                                      |   |                                        | (1,150,339  | )                                         |   | (92,671                                   | )      |   | (126,276 | ) |
|                                                                                           |   |                                        |        |                                      |   |                                      |   |   |   |   |
| **OTHER                  INCOME(EXPENSE)**                                                     |   |                                        |        |                                      |   |                                      |   |   |   |   |
| Interest                  expense                                                              |   |                                        | (18,604     | )                                         |   | -                                         |   |   | - |   |
| Interest                  income                                                               |   |                                        | 654         |                                      |   | 6                                         |   |   | 4 |   |
| **LOSS                  BEFORE INCOME TAXES**                                                  |   |                                        | (1,168,289  | )                                         |   | (92,665                                   | )      |   | (126,272 | ) |
|                                                                                           |   |                                        |        |                                      |   |                                      |   |   |   |   |
| Income                  Tax Expense                                                            |   |                                        | -           |                                      |   | -                                         |   |   | - |   |
|                                                                                           |   |                                        |        |                                      |   |                                      |   |   |   |   |
| **NET                  LOSS**                                                                  |   | $                                           | (1,168,289  | )                                         | $      | (92,665                                   | )      | $ | (126,272 | ) |
|                                                                                           |   |                                        |        |                                      |   |                                      |   |   |   |   |
|                                                                                           |   |                                        |        |                                      |   |                                      |   |   |   |   |
| **BASIC                  AND DILUTED NET LOSS **PER                  SHARE****                 |   | $                                           | (0.01       | )                                         | $      | (0.00                                     | )      | $ | (0.00 | ) |
|                                                                                           |   |                                        |        |                                      |   |                                      |   |   |   |   |
| **WEIGHTED                  AVERAGE NUMBER OF **COMMON                  SHARES OUTSTANDING**** |   |                                        | 186,788,331 |                                      |   | 205,765,000                               |   |   | 202,025,000 |   |

----

**NANOSENSORS,        INC.**

**(A        Development Stage Company)**

**STATEMENTS        OF CASH FLOWS**

**(Unaudited)**

|                                                                                                             |   | For                    the Cumulative Period from Inception (December 23, 2003) to February                    28,                    2006 |       | Three                  Months Ended February 28, 2006 |   | Three                  Months Ended February 28, 2005 |   |
|------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------|------------|-------------------------------------------------------|--------|-------------------------------------------------------|--------|
| **CASH                  FLOWS FROM OPERATING ACTIVITIES:**                                                       |   |                                                                                                                                       |       |                                                  |   |                                                  |   |   |   |   |
| Net                  Loss                                                                                        |   | $                                                                                                                                          | (1,168,289 | )                                                     | $      | (92,665                                               | )      | $ | (126,272 | ) |
| Adjustment                  to reconcile net loss to net cash utilized in operating                  activities: |   |                                                                                                                                       |       |                                                  |   |                                                  |   |   |   |   |
| Depreciation                  and Amortization                                                                   |   |                                                                                                                                       | 37,266     |                                                  |   | 816                                                   |   |   | 5,150 |   |
| Write-off                  of Licences                                                                           |   |                                                                                                                                       | 61,750     |                                                  |   | -                                                     |   |   | - |   |
| Issuance                  common stock for expenses                                                              |   |                                                                                                                                       | 12,902     |                                                  |   | -                                                     |   |   | - |   |
| Change                  in operating assets and operating liabilities:                                           |   |                                                                                                                                       |       |                                                  |   |                                                  |   |   |   |   |
| Prepaid                  Expenses                                                                                |   |                                                                                                                                       | (1,997     | )                                                     |   | (1,997                                                | )      |   | - |   |
| Accounts                  payable and accrued expenses                                                           |   |                                                                                                                                       | 530,382    |                                                  |   | (4,205                                                | )      |   | 74,264 |   |
| **Net                  cash used by operating activities**                                                       |   |                                                                                                                                       | (527,986   | )                                                     |   | (98,051                                               | )      |   | (46,858 | ) |
| **CASH                  FLOWS FROM INVESTING ACTIVITIES**                                                        |   |                                                                                                                                       |       |                                                  |   |                                                  |   |   |   |   |
| Purchase                  of equipment                                                                           |   |                                                                                                                                       | (8,000     | )                                                     |   | -                                                     |   |   | - |   |
| Purchase                  of License                                                                             |   |                                                                                                                                       | (90,000    | )                                                     |   | -                                                     |   |   | - |   |
| Website                  Development Costs                                                                       |   |                                                                                                                                       | (5,000     | )                                                     |   | (5,000                                                | )      |   |   |   |
| Deposit                                                                                                          |   |                                                                                                                                       | (3,000     | )                                                     |   | -                                                     |   |   | - |   |
| **Net                  cash used in investment activities**                                                      |   |                                                                                                                                       | (106,000   | )                                                     |   | (5,000                                                | )      |   | - |   |
| **CASH                  FLOW FROM FINANCING ACTIVITIES:**                                                        |   |                                                                                                                                       |       |                                                  |   |                                                  |   |   |   |   |
|                                                                                                             |   |                                                                                                                                       |       |                                                  |   |                                                  |   |   |   |   |
| Proceeds                  from exercise of warrants                                                              |   |                                                                                                                                       | 762,375    |                                                  |   | 39,500                                                |   |   | 30,000 |   |
| Advances                  from officer                                                                           |   |                                                                                                                                       | -          |                                                  |   | -                                                     |   |   | 3,300 |   |
| **Net                  cash provided by financing activities**                                                   |   |                                                                                                                                       | 762,375    |                                                  |   | 39,500                                                |   |   | 33,300 |   |
|                                                                                                             |   |                                                                                                                                       |       |                                                  |   |                                                  |   |   |   |   |
| **NET                  INCREASE IN CASH**                                                                        |   |                                                                                                                                       | 128,389    |                                                  |   | (63,551                                               | )      |   | (13,558 | ) |
| Cash                  at beginning of period                                                                     |   |                                                                                                                                       | -          |                                                  |   | 191,940                                               |   |   | 13,558 |   |
|                                                                                                             |   |                                                                                                                                       |       |                                                  |   |                                                  |   |   |   |   |
| **CASH                  EQUIVALENTS AT END OF PERIOD**                                                           |   | $                                                                                                                                          | 128,389    |                                                  | $      | 128,389                                               |   | $ | - |   |
| **NON                  CASH FLOWS FROM OPERATING ACTIVITIES:**                                                   |   |                                                                                                                                       |       |                                                  |   |                                                  |   |   |   |   |
| Issuance                  of 116,350,000 common shares for services                                              |   | $                                                                                                                                          | 12,902     |                                                  | $      | -                                                     |   | $ | - |   |

----

**NANOSENSORS,        INC.**

**(A        Development Stage Company)**

**STATEMENT        OF SHAREHOLDERS’ EQUITY**

**(Unaudited)**

|                                                                                                                   |   |   |        |   |   |                                |   | Deficit                            |     |   |   |
|------------------------------------------------------------------------------------------------------------------------|--------|--------|-------------|--------|--------|-------------------------------------|--------|------------------------------------|----------|--------|--------|
|                                                                                                                   |   |   |        |   |   |                                |   | Accumulated                        |     |   |   |
|                                                                                                                   |   |   |        |   |   | Additional                          |   | During                  the        |     |   |   |
|                                                                                                                   |   | Shares |        | Amount |   | Paid                    - inCapital |   | Development                  Stage |     | Total  |   |
| **BALANCE                  AT DECEMBER 23, 2003 ( INCEPTION)**                                                         |   |   |        |   | $      | -                                   |   | $                                  | -        |   | $      | - |   | $ | - |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for license at $.001                                                         |   |   | 5,000,000   |   |   | 5,000                               |   |                               | -        |   |   | - |   |   | 5,000 |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for services and expenses at                  $.001 per share                |   |   | 11,450,000  |   |   | 11,450                              |   |                               | -        |   |   | - |   |   | 11,450 |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for cash at $.05 per share                                                   |   |   | 9,500       |   |   | 10                                  |   |                               | 465      |   |   | - |   |   | 475 |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for cash at $.20 per share- net                  of issuance costs           |   |   | 2,750,000   |   |   | 2,750                               |   |                               | 460,250  |   |   | - |   |   | 463,000 |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for note receivable - at $.05                  per share - paid in June 2004 |   |   | 88,000      |   |   | 88                                  |   |                               | 4,312    |   |   | - |   |   | 4,400 |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for payment of debt at                  $.20 per share                       |   |   | 620,000     |   |   | 620                                 |   |                               | 123,380  |   |   | - |   |   | 124,000 |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for expenses at $.0078 per share                                             |   |   | 185,000     |   |   | 185                                 |   |                               | 1,267    |   |   | - |   |   | 1,452 |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Net                  Loss                                                                                              |   |   | -           |   |   | -                                   |   |                               | -        |   |   | (741,499 | ) |   | (741,499 | ) |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| **BALANCE                  AS OF NOVEMBER 30, 2004**                                                                   |   |   | 20,102,500  |   |   | 20,103                              |   |                               | 589,674  |   |   | (741,499 | ) |   | (131,722 | ) |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for cash at $.20 per share                                                   |   |   | 150,000     |   |   | 150                                 |   |                               | 29,850   |   |   | - |   |   | 30,000 |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for cash at $1.00 per share, net of                  issuance costs          |   |   | 250,000     |   |   | 250                                 |   |                               | 224,750  |   |   | - |   |   | 225,000 |   |
|                                                                                                                        |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| 10                  for 1 stock split (Note 9)                                                                         |   |   | 184,522,500 |   |   | 184,522                             |   |                               | (184,522 | )      |   |   |   |   |   |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Net                  Loss                                                                                              |   |   | -           |   |   | -                                   |   |                               | -        |   |   | (334,125 | ) |   | (334,125 | ) |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| **BALANCE                  AS OF NOVEMBER 30, 2005**                                                                   |   |   | 205,025,000 |   |   | 205,025                             |   |                               | 659,752  |   |   | (1,075,624 | ) |   | (210,847 | ) |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for cash at $.025 per share                                                  |   |   | 500,000     |   |   | 500                                 |   |                               | 12,000   |   |   |   |   |   | 12,500 |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Issuance                  of common stock for cash at $.030 per share                                                  |   |   | 900,000     |   |   | 900                                 |   |                               | 26,100   |   |   |   |   |   | 27,000 |   |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| Net                  Loss                                                                                              |   |   | -           |   |   | -                                   |   |                               | -        |   |   | (92,665 | ) |   | (92,665 | ) |
|                                                                                                                   |   |   |        |   |   |                                |   |                               |     |   |   |   |   |   |   |   |
| **BALANCE                  AS OF February 28, 2006**                                                                   |   |   | 206,425,000 |   | $      | 206,425                             |   | $                                  | 697,852  |   | $      | (1,168,289 | ) | $ | (264,012 | ) |

----

**NANOSENSORS,      INC.**

**(A      Development Stage Company)**

**NOTES      TO FINANCIAL STATEMENTS**

**FEBRUARY      28, 2006**

|   | 1. | ORGANIZATION: |
|--------|----|---------------|

|   | 2. | SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES: |
|--------|----|------------------------------------------------------------|

*Basis      of Presentation *

----

*Basic      and Diluted Net Income (Loss) Per Share*

*Web      Site Development*

*Recently      Issued Accounting Pronouncements *

----

|   | 3. | SHAREHOLDERS’ EQUITY: |
|--------|----|-----------------------------|

|   | 4. | RELATED                PARTY TRANSACTIONS: |
|--------|----|--------------------------------------------|

|   | 5. | GOING                CONCERN: |
|--------|----|-------------------------------|

|   | 6. | COMMITMENTS                AND CONTINGENCIES: |
|--------|----|-----------------------------------------------|

----

|   | 7. | SIGNIFICANT                EVENT: |
|--------|----|-----------------------------------|

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**FACTORS      THAT MAY AFFECT FUTURE RESULTS **

*This      report contains forward-looking statements within the meaning of Section 27A      of      the Securities Act of 1933, as amended, and Section 21E of the Securities      Exchange Act of 1934, as amended. These forward-looking statements include,      but      are not limited to, statements concerning our plans to continue development      of      our current product candidates; address certain markets; engage third-party      manufacturers; and evaluate additional product candidates for subsequent      commercial development. In some cases, these statements may be identified by      terminology such as “may,” ‘will,” “should,” “expect,” “plan,” “anticipate,”“believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of      such terms and other comparable terminology. Although we believe that the      expectations reflected in the forward-looking statements contained herein are      reasonable, we cannot guarantee future results, levels of activity, performance      or achievements. These statements involve known and unknown risks and      uncertainties that may cause our or our industry’s results, levels of activity,      performance or achievements to be materially different from those expressed      or      implied by forward-looking statements. Factors that may cause or contribute      to      such differences include, among other things, those discussed under the captions      “Business,” “Risk Factors” and “Management’s Discussion and Analysis-Plan of      Operation” in our reports and registration statements filed with the Securities      and Exchange Commission.*

**ITEM      2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF      OPERATION**

*Management’s      Discussion and Analysis of Financial Condition and Results of Operations should      be read together with our financial statements and related notes included      elsewhere in this Quarterly Report on Form 10-QSB. This Quarterly Report on      Form      10-QSB, including the following discussion, contains trend analysis and other      forward-looking statements within the safe harbor provisions of the Private      Securities Litigation Reform Act of 1995. Any statements in this Quarterly      Report on Form 10-QSB that are not statements of historical facts are      forward-looking statements. These forward-looking statements are based on a      number of assumptions and involve risks and uncertainties. Actual results may      differ materially from those set forth in such forward-looking statements as      a      result of factors set forth elsewhere in this Quarterly Report on Form 10-QSB.      All share and per share data in this section, as well as in the entire report,      other than the historical financial statements, unless otherwise noted, give      retroactive effect to the 10 for 1 forward split declared by the Company on      January 12, 2006.*

**Critical      Accounting Policies**

*Development      Stage Company*

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*Internal      Use Software Costs*

*Start-up      Costs*

*Research      and Development*

*Income      Taxes*

**Results      of Operations for the Three Months Ended February 28, 2006 as Compared to the      Three Months Ended February 28, 2005.**

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**Liquidity      and Capital Resources at February 28, 2006**

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**Plan      of Operation**

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**ITEM      3. **
**CONTROLS      AND PROCEDURES**

**PART      II. OTHER INFORMATION**

**ITEM      1. LEGAL PROCEEDINGS.**

**ITEM      2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF      PROCEEDS.**

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**ITEM      3. DEFAULTS UPON SENIOR SECURITIES.**

**ITEM      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.**

**ITEM      5. OTHER INFORMATION.**

**ITEM      6. EXHIBITS.**

| 31.1 | Certification                of the Chief Executive Officer and Chief Financial Officer required                by                Rule 13a-14(a) or Rule 15d-14(a) |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 32.1 | Certification                of the Chief Executive Officer and Chief Financial Officer required                by                Rule 13a-14(b) or Rule 15d-14(b) and 18 U.S.C.                1350. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**SIGNATURES**

|         |                                                                                        |                                   |
|--------------|---------------------------------------------------------------------------------------------|----------------------------------------|
|         | **NanoSensors, Inc.**                                                                       |
|    |                                                                                   |                              |
|         |                                                                                        | /s/              Ted              Wong |
|         | Ted              Wong                                                                       |
|         | President,                Chief Executive Officer andChief                Financial Officer |

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