UNITED
      STATES




**SECURITIES
      AND EXCHANGE COMMISSION**


**WASHINGTON,
      D.C. 20549**


**FORM
        10-QSB**





(MARK
      ONE)


x
              QUARTERLY
                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE
                  ACT
                  OF 1934FOR
                  THE QUARTERLY PERIOD ENDED September 30, 2006ORo
              TRANSITION
                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE
                  ACT
                  OF 1934
  COMMISSION
      FILE NUMBER: 0-50122





**XACT
      AID, INC.**


(Exact
      name of registrant as specified in its charter)





**Nevada**
            **11-3718650**(State
                or other jurisdiction of incorporation organization)
            (IRS
                Employer Identification No.)





**585
                Castle Peak Road**
              **Kwai
                Chung, N.T. Hong
                Kong**(Address
                of principal executive offices)
            (Zip
                Code)





**852
      2514 4880**


(Registrant’s
      telephone number, including area code)





Indicate
      by check mark whether the registrant (1) has filed all reports required to
      be
      filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
      the
      preceding 12 months (or for such shorter period that the registrant was required
      to file such reports), and (2) has been subject to such filing requirements
      for
      the past 90 days. Yes x No o.





Indicate
      the number of shares outstanding of each of the registrant’s classes of common
      stock, as of the latest practicable date. On September 30, 2006, there
      were 26,229,180 shares of common stock, $.001 par value, issued and
      outstanding.





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





















**XACT
      AID, INC.**


**For
      the quarter ended September 30, 2006**


**FORM
      10-QSB**




**PAGE
                NO.****PART
                I. FINANCIAL INFORMATION**
            2Item
                1. Consolidated Financial Statements (unaudited):
            2Consolidated
                Balance Sheet at September 30, 2006
            2Consolidated
                Statements of Operations for the three and nine months endedSeptember
                30, 2006 and 2005
            3Consolidated
                Statements of Cash Flows for the nine months endedSeptember
                30, 2006 and 2005
            4Consolidated
                  Statements of Shareholders' Equity for the nine months endedSeptember
                  30, 2006
            5Notes
                to Consolidated Financial Statements
            6Item
                2. Management’s Discussion and Analysis of Financial Condition andResults
                of Operations
            13Item
                3. Controls and Procedures
            18PART
                II. OTHER INFORMATION
            19Item
                2. Unregistered Sales of Equity Securities and Use of
                Proceeds
            19Item
                6. Exhibits
            19SIGNATURES
            20








**PART
      I-FINANCIAL INFORMATION**





**ITEM
      1. Consolidated Financial Statements (unaudited):**




**XACT
      AID, INC. AND SUBSIDIARIES**


**CONDENSED
        CONSOLIDATED BALANCE SHEET**
 **SEPTEMBER
        30, 2006**
 **(Expressed
        in US dollars)**


**$****ASSETS**Current
                assets:Cash
                and cash equivalents
            
            
            209,628Trade
                receivables, net of allowance of $18,808
            
            
            2,232,827Inventories
            
            
            8,617,615Amount
                due from ultimate holding company
            
            
            2,765,404Amounts
                due from fellow subsidiaries
            
            
            27,248Other
                current assets
            
            
            3,425,081**T****otal
                current assets**
            
            
            **17,277,803**Property,
                plant and equipment, net
            
            
            2,454,087Investment
                in an associate
            
            
            1,000,421Deferred
                tax asset - non-current
            
            
            812,903**TOTAL
                ASSETS**
            
            
            **21,545,214****LIABILITIES
                AND SHAREHOLDERS’ EQUITY**Current
                liabilities:Short-term
                borrowings
            
            
            3,349,941Other
                current liabilities
            
            
            12,590,465**Total
                current liabilities**
            
            
            **15,940,406**Other
                long-term liabilities
            
            
            153,764**Total
                liabilities**
            
            
            **16,094,170**Minority
                interests
            
            
            2,770,205Commitments
                and ContingenciesShareholders’
                equityCommon
                stockAuthorized:
                100,000,000 common stock, par value $0.001Issued
                and outstanding: 26,229,180 shares
            
            
            26,261Preferred
                stockAuthorized:
                100,000,000 preferred stock, par value $0.001Issued
                and outstanding: 1,533,973 shares
            
            
            1,534Additional
                paid-in capital
            
            
            7,534,508Accumulated
                other comprehensive income
            
            
            58,947Accumulated
                deficits
            
            
            (4,940,411
            )**Total
                shareholders’ equity**
            
            
            **2,680,839****TOTAL
                LIABILITIES AND SHAREHOLDERS’ EQUITY**
            
            
            **21,545,214**







**The
      accompanying notes are an integral part of these condensed consolidated
      financial statements.**


-2-


**XACT
      AID, INC. AND SUBSIDIARIES**


**CONDENSED
        CONSOLIDATED STATEMENTS OF OPERATIONS**
 **(Expressed
        in US dollars)**




**Nine
                months ended September 30**
            
            **Three
                months ended**
              **September
                30****2006**
            
            **2005**
            
            **2006**
            
            **2005****$**
            
            **$**
            
            **$**
            
            **$**Sales:New
                and used vehicles
            
            
            35,859,615
            
            
            25,666,064
            
            
            13,327,113
            
            
            8,000,002Parts
                and services
            
            
            3,715,532
            
            
            2,887,890
            
            
            1,347,905
            
            
            1,053,029**Net
                sales**
            
            
            **39,575,147**
            
            
            **28,553,954**
            
            
            **14,675,018**
            
            
            **9,053,031**Cost
                of sales:New
                and used vehicles
            
            
            30,863,133
            
            
            22,733,762
            
            
            11,455,667
            
            
            6,852,238Parts
                and services
            
            
            1,160,336
            
            
            1,027,159
            
            
            373,758
            
            
            367,909**Total
                cost of sales**
            
            
            **(32,023,469**
            **)**
            
            **(23,760,921**
            **)**
            
            **(11,829,425**
            **)**
            
            **(7,220,147**
            **)**Gross
                profit:New
                and used vehicles
            
            
            4,996,482
            
            
            2,932,302
            
            
            1,871,446
            
            
            1,147,764Parts
                and services
            
            
            2,555,196
            
            
            1,860,731
            
            
            974,147
            
            
            685,120**Total
                gross profit**
            
            
            **7,551,678**
            
            
            **4,793,033**
            
            
            **2,845,593**
            
            
            **1,832,884**Selling,
                general and administrative expenses
            
            
            (6,592,739
            )
            
            (4,644,806
            )
            
            (2,420,939
            )
            
            (1,775,131
            )**Operating
                earnings**
            
            
            **958,939**
            
            
            **148,227**
            
            
            **424,654**
            
            
            **57,753**Other
                (expenses)/income
            
            
            (100,282
            )
            
            85,403
            
            
            (80,078
            )
            
            97,815**Earnings
                before minority interests and income taxes**
            
            
            **858,657**
            
            
            **233,630**
            
            
            **344,576**
            
            
            **155,568**Minority
                interests
            
            
            (437,915
            )
            
            (119,151
            )
            
            (175,734
            )
            
            (79,339
            )Provision
                (benefit) for income taxes
            
            
            —
            
            
            —
            
            
            —
            
            
            —**Net
                earnings**
            
            
            **420,742**
            
            
            **114,479**
            
            
            **168,842**
            
            
            **76,229****Earnings
                per share****Basic**
            
            
            **0.19**
            
            
            **0.00**
            
            
            **0.03**
            
            
            **0.00****Diluted**
            
            
            **0.00**
            
            
            **0.00**
            
            
            **0.00**
            
            
            **0.00**Weighted
                average number of common stock outstandingBasic
            
            
            2,203,257
            
            
            N/A
            
            
            6,537,926
            
            
            N/ADiluted
            
            
            143,642,470
            
            
            141,439,213
            
            
            147,977,139
            
            
            141,439,213







**The
      accompanying notes are an integral part of these condensed consolidated
      financial statements.**





-3-


**XACT
      AID, INC. AND SUBSIDIARIES**


**CONDENSED
        CONSOLIDATED STATEMENTS OF CASH FLOWS**
 **(Expressed
        in US dollars)**


**Nine
                months ended**
              **September
                30****2006**
            
            **2005****$**
            
            **$****Cash
                flows from operating activities:**Net
                earnings
            
            
            420,742
            
            
            114,479Adjustment
                to reconcile net earnings to net cash used in operating
                activitiesMinority
                interest
            
            
            437,915
            
            
            119,151Depreciation
                expense
            
            
            391,973
            
            
            106,875Other
                adjustments
            
            
            78,924
            
            
            (126,173
            )Changes
                in operating assets and liabilities:Trade
                receivables
            
            
            3,116,179
            
            
            1,981,710Bill
                receivables
            
            
            —
            
            
            430,749Other
                current assets
            
            
            529,752
            
            
            (1,040,298
            )Inventories
            
            
            (3,558,837
            )
            
            (2,459,999
            )Trade
                payables
            
            
            237,153
            
            
            133,834Other
                current liabilities
            
            
            217,201
            
            
            711,998Net
                cash provided by/(used in) operating activities
            
            
            1,871,002
            
            
            (27,674
            )**Cash
                flows from investing activities:**Cash
                acquired upon acquisition of a subsidiary
            
            
            1,284
            
            
            —Purchases
                of property, plant and equipment
            
            
            (783,016
            )
            
            (97,648
            )Advances
                to fellow subsidiaries / related parties
            
            
            (2,770,608
            )
            
            (874,432
            )Repayments
                from/(advances to) an associate company
            
            
            153,561
            
            
            (1,000,742
            )Net
                cash used in investing activities
            
            
            (3,398,779
            )
            
            (1,972,822
            )**Cash
                flows from financing activities:**Increase
                in short-term borrowings and bills payable
            
            
            1,284,651
            
            
            1,464,889Net
                cash provided by financing activities
            
            
            1,284,651
            
            
            1,464,889Net
                decrease in cash and cash equivalents
            
            
            (243,126
            )
            
            (535,607
            )Cash
                and cash equivalents, beginning of the period
            
            
            452,754
            
            
            1,078,333Cash
                and cash equivalents, end of the period
            
            
            209,628
            
            
            542,726**Cash
                paid for:**Interest
            
            
            291,913
            
            
            111,017Income
                taxes
            
            
            —
            
            
            —





**The
      accompanying notes are an integral part of these condensed consolidated
      financial statements.**




-4-


**CONDENSED
                  CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY**
                **FOR
                  THE NINE MONTHS ENDED SEPTEMBER 30, 2006**
                **(Expressed
                  in US dollars)**
 
 **Accumulated****Common
                  stock**
              
              **Preferred
                  stock**
              
              **Additional**
              
              
              
              **other****paid-in**
              
              **Accumulated**
              
              **comprehensive****Shares**
              
              **Amount**
              
              **Shares**
              
              **Amount**
              
              **Capital**
              
              **deficit**
              
              **Income**
              
              **Total**Balance
                  at December 31, 2005
              
              
              461,687
              
              $
              5,919,064
              
              
              -
              
              
              -
              
              
              1,646,577
              
              
              (5,361,153
              )
              
              46,176
              
              
              2,250,664Effect
                  of reverse acquisition:Reverse
                  acquisition equity acquired
              
              
              25,767,493
              
              
              (5,892,803
              )
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (5,892,803
              )Retire
                  other reserves of the Company
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              5,887,931
              
              
              -
              
              
              -
              
              
              5,887,931Issuance
                  of preferred shares in relation share exchange
              
              
              -
              
              
              -
              
              
              1,533,973
              
              
              1,534
              
              
              -
              
              
              -
              
              
              -
              
              
              1,534Comprehensive
                  incomeNet
                  earnings
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              420,742
              
              
              -
              
              
              420,742Translation
                  adjustments
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              12,771
              
              
              12,771Balance
                  at September 30, 2006
              
              
              26,229,180
              
              
              26,261
              
              
              1,533,973
              
              
              1,534
              
              
              7,534,508
              
              
              (4,940,411
              )
              
              58,947
              
              
              2,680,839
 
 **The
        accompanying notes are an integral part of these condensed consolidated
        financial statements.**




-5-


**XACT
      AID, INC. AND SUBSIDIARIES**




**NOTES
                TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                (UNAUDITED)****FOR
                THE INTERIM PERIOD AS OF SEPTEMBER 30, 2006 AND**
              **THE
                NINE AND THREE MONTH PERIODS ENDED SEPTEMBER 30,
                2006**





**NOTE
      1. BACKGROUND AND BASIS OF PRESENTATION**





*Background*





Xact
      Aid,
      Inc. (the “Company” or “Xact”) was formed in the State of Nevada on April 19,
      2004 for the purpose of sales and marketing of wound-specific first aid kit
      line
      of products.





On
      September 5, 2006, the Company acquired 49% of Technorient Limited, a Hong
      Kong
      Corporation, (“Technorient”) through a reverse merger, with the result that the
      stockholders of Technorient became the beneficial owners of approximately 49%
      of
      our stock after the conversion of the preferred shares of the Company. The
      transaction was completed pursuant to a share exchange agreement and was
      determined through arms-length negotiations between the Company and Technorient.


0


The
      share
      exchange resulted in a change of control whereby, in connection with the share
      exchange, the Company issued an aggregate of 972,728 shares of the Series A
      Preferred stock in exchange for 49% of the issued and outstanding shares of
      Technorient, (ii) 561,245 shares of Series A Preferred Stock for consulting
      services to be provided to Technorient after the Exchange, and (iii) an
      aggregate of 21,629,337 shares of common stock in connection with certain debt
      conversions. As a result, after giving effect to the exchange, the debt
      conversions, the issuance of the consulting shares and the share cancellations,
      as of the Exchange, the total issued and outstanding shares of the Company’s
      common stock assuming conversion of the Series A Preferred Stock was 167,668,375
      shares.





Immediately
      subsequent to the acquisition, our business operations for the Company ceased
      and our operations now represent those of Technorient, which is physically
      located in Hong Kong. The transaction resulted in the management of Technorient
      having control of the financing and operating decisions of the combined
      enterprise after the transaction. The transaction was accounted for as a reverse
      acquisition, whereby Technorient is assumed to be the accounting
      acquirer.





*Background
      of Technorient*





Technorient
      is a private limited liability company incorporated in Hong Kong. Its immediate
      holding company is Xact Aid, Inc. and its ultimate holding company is Wo Kee
      Hong (Holdings) Limited (“WKH”), a company incorporated in Bermuda and its
      shares are listed on the Main Board of The Stock Exchange of Hong Kong
      Limited.





Technorient
      is an investment holding company. Through its subsidiaries, Technorient offers
      a
      diversified range of automotive products and services including sales of new
      and
      used vehicles, vehicle maintenance and repair services, and sales of vehicle
      parts. Technorient’s operations are located primarily located in Hong Kong.





*Basis
      of Presentation*





The
      accompanying unaudited condensed consolidated financial statements of the
      Company have been prepared in accordance with accounting principles generally
      accepted in the United States for interim financial information and the
      instructions to Form 10-QSB and Article 10 of Regulation S-X. Accordingly,
      they do not include all information and disclosures necessary for a presentation
      of the Company’s financial position, results of operations, and cash flows in
      conformity with accounting principles generally accepted in the United States.





-6-


The
      accompanying condensed consolidated financial statements of the Company have
      been prepared in accordance with the accounting principles generally accepted
      in
      the United States of America. The consolidated financial statements include
      the
      accounts of the Company and its subsidiaries. All significant intercompany
      transactions and balances have been eliminated. The reporting and functional
      currency of the Company is the U.S. dollar. The reporting and functional
      currency (the currency of the primary economic environment in which the entity
      operates) of its subsidiaries is in Hong Kong Dollars (“HKD”). Translation
      adjustments made upon consolidation are recognized as a separate component
      of
      shareholders’ equity.





In
      the
      opinion of management, all adjustments (which include only normal recurring
      adjustments) necessary to present fairly the financial position, results of
      operations and cash flows for all periods presented have been made. Preparing
      financial statements requires management to make estimates and assumptions
      that
      affect the reported amounts of assets, liabilities, revenue and expenses. Actual
      results may differ from these estimates. The results of operations for the
      period ended September 30, 2006 are not necessarily indicative of the operating
      results that may be expected for the entire year ending December 31, 2006.
      The
      interim financial statements should be read in conjunction with the Company’s
      annual financial statements included elsewhere in this filing.








**NOTE
      2. RECENT ACCOUNTING PRONOUNCEMENTS**







In
      February 2006, the FASB issued SFAS 155, *Accounting
      for Certain Hybrid Financial Instruments - an amendment of FASB Statements
      133
      and 140* ,
      (“SFAS
      155”). SFAS will be effective for the Company beginning January 1, 2007. The
      statement permits interests in hybrid financial instruments that contain an
      embedded derivative that would otherwise require bifurcation, to be accounted
      for as a single financial instrument at fair value, with changes in fair value
      recognized in earnings. This election is permitted on an
      instrument-by-instrument basis for all hybrid financial instruments held,
      obtained, or issued as of the adoption date. The
      Company does not expect there to be any significant impact of adopting this
      standard on its consolidated financial position, cash flows and results of
      operations.




In
      June
      2006, the FASB issued Interpretation 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 the Company recognize in its financial statements
      the impact of a tax position if that position is more likely than not of being
      sustained on audit, based on the technical merits of the position. The
      provisions of FIN 48 are effective for the Company on January 1, 2007, with
      the cumulative effect of the change in accounting principle, if any, recorded
      as
      an adjustment to opening retained earnings. The Company does not expect there
      to
      be any significant impact of adopting FIN 48 on its consolidated financial
      position, cash flows and results of operations.




In
      September 2006, the FASB issued SFAS 157, *Fair
      Value Measurements* (“SFAS
      157”), which provides guidance about how to measure assets and liabilities that
      use fair value. SFAS 157 will apply whenever another US GAAP standard requires
      (or permits) assets or liabilities to be measured at fair value but does not
      expand the use of fair value to any new circumstances. This standard also will
      require additional disclosures in both annual and quarterly reports. SFAS 157
      will be effective for financial statements issued for fiscal years beginning
      after November 15, 2007, and will be adopted by us beginning in the first
      quarter of 2008. The
      Company does not expect there to be any significant impact of adopting this
      standard on its consolidated financial position, cash flows and results of
      operations.




In
      September 2006, the SEC staff issued Staff Accounting Bulletin (“SAB”) 108, *Considering
      the Effects of Prior Year Misstatements when Quantifying Misstatements in
      Current Year Financial Statements* (“SAB
      108”). SAB 108 was issued to eliminate the diversity of practice in how public
      companies quantify misstatements of financial statements, including
      misstatements that were not material to prior years’ financial statements. The
      Company will apply the provisions of SAB 108 to its annual financial statements
      for the year ending December 31, 2006. The Company has evaluated the potential
      impact of SAB 108 and does not believe the impact of the application of this
      guidance will be material to its consolidated financial position, cash flows
      and
      results of operations.




-7-


Other
      recent accounting pronouncements issued by the FASB (including its Emerging
      Issues Task Force (“EITF”)), the American Institute of Certified Public
      Accountants (“AICPA”), and the SEC did not or are not believed by management to
      have a material impact on the Company’s present or future financial
      statements.




**NOTE
      3. CONCENTRATION OF RISK**





*Concentration
      of Supplier Credit Risk*





Our
      Company relies on supplies from numerous vendors. For the nine months ended
      September 30, 2006 and 2005, the Company had two vendors that each accounted
      for
      more than 10% of total supply purchases for the periods. If the vendors
      terminate its relationship with our Company or if our Company’s supply from the
      vendors is interrupted or terminated for any reason, we may not have sufficient
      time to replace the supply of products from the remaining vendors. Any such
      interruption would negatively impact our ability to sell and distribute our
      products. However, the suppliers’ concentration of credit risk does not pose any
      effect to the concentration of credit risk with respect to trade payables as
      the
      Company made the purchases through letters of credit.





*Concentration
      of Credit Risk due to Geographic Location*





Our
      Company’s business, assets and operations is currently focused on the sale of
      new and used vehicles in Hong Kong and is currently expanding its operations
      to
      People Republic of China (“PRC”), and accordingly, is affected to a significant
      degree by any economic, political and legal developments in Hong Kong and PRC.





**NOTE
      4. EARNINGS PER SHARE**





Basic
      earnings per share is computed by dividing net earnings by the weighted average
      number of shares of common stock outstanding during the period. Diluted net
      earnings per share is computed by dividing net earnings by the weighted average
      number of shares of common stock and common stock equivalents, such as options
      and warrants, outstanding during the period. The preferred stocks with
      conversion feature were considered as common stock equivalents outstanding
      as of
      September 30, 2006.




**NOTE
      5. INVENTORY**





Inventories
      by major categories at September 30, 2006 are summarized as
      follows:





**$**New
                vehicles
            
            
            3,803,372Used
                vehicles
            
            
            3,316,087Parts,
                accessories and other
            
            
            1,498,1568,617,615





Vehicles
      of approximately $1,244,793 were pledged to secure the stocking loan outstanding
      as of September 30, 2006 (See Note 10)




-8-


**NOTE
      6. OTHER CURRENT ASSETS**





The
      other
      current assets by major categories at September 30, 2006 are summarized as
      follows:





Deposits
            
            
            348,129Prepayments
            
            
            671,359Other
                receivables
            
            
            1,988,945Amount
                due from an intermediate holding company
            
            
            27,066Amount
                due from an associate
            
            
            389,582$
            3,425,081





Prepayments
      at September 30, 2006 included approximately $584,700 in relation to legal
      and
      professional services.





**NOTE
      7. PROPERTY, PLANT AND EQUIPMENT, NET**





Property,
      plant and equipment, at September 30, 2006 are summarized as
      follows:





Leasehold
                improvements
            
            
            2,529,677Plant
                and machinery
            
            
            1,196,183Furniture,
                fixtures and office equipment
            
            
            858,324Motor
                vehicles
            
            
            508,346Total
            
            
            5,092,530Less:
                accumulated depreciation
            
            
            (2,638,443
            )$
            2,454,087





Depreciation
      charged to the expense during the nine months ended September 30, 2006 and
      2005
      were $391,973 and $106,875, respectively.








**NOTE
      8. INVESTMENT IN AN ASSOCIATE**





Investment
      in an associate at September 30, 2006 was $1,000,421.





In
      2004,
      a subsidiary of the Company entered into a strategic alliance with Ferrari
      S.p.A. (“Ferrari”) and Poly Technologies, Inc. (“Poly Technologies”), a
      subsidiary of Poly Group, to set up an Equity Joint Venture (“EJV”) company,
      Ferrari Maserati Cars International Trading (Shanghai) Co., Ltd, in Mainland
      China. The EJV is the sole importer of “Ferrari” and “Maserati” cars in China,
      responsible for the import, marketing, dealer sales, spare parts and accessories
      supply, and after-sale technical supports for these unique global brands. The
      Company, Ferrari and Poly Technologies own 30%, 40% and 30% respectively in
      the
      EJV. The registered capital of the EJV was US$3 million and was contributed
      by
      the partners to the EJV in proportion to their respective equity interest.
      In
      August 2004, the EJV was formally set up, with the business license issued
      by
      the relevant PRC authority.





On
      December 30, 2005, a subsidiary of the Company and Ferrari entered into the
      Equity Interest Transfer Agreement relating to the transfer of 29% equity
      interest in the EJV, for a consideration of US$870,000. As of September 30,
      2006, the disposal has yet to be approved by the relevant authorities in the
      PRC
      and the disposal has not become effective.





-9-


**NOTE
      9. INCOME TAXES**




Deferred
      taxation recognized represents foreign unused tax loss carryforwards from prior
      years. The unused tax loss carry forwards have unlimited useful lives under
      the
      local regulation at where the unused tax losses were derived. As of September
      30, 2006, unused tax loss carryforwards from prior years were approximately
      US$6.281 million.




Net
      deferred tax asset at September 30, 2006 consists of the following:





**$**Deferred
                tax asset and liabilities:Loss
                carryforwards
            
            
            1,099,203Gross
                deferred tax asset
            
            
            1,099,203Valuation
                allowance
            
            
            (286,300
            )Net
                deferred tax asset
            
            
            812,903





Hong
      Kong
      Profits Tax is calculated at 17.5% of the estimated assessable profit arising
      in
      Hong Kong for the period. No provision of income tax has been provided for
      the
      nine months ended September 30, 2006 as the Company has unused tax loss carry
      forwards from prior years.








**NOTE
      10. SHORT-TERM BORROWINGS**





The
      Company’s short-term borrowings at September 30, 2006 consist of the
      following:





**$**Bank
                borrowings
            
            
            2,433,296Stocking
                loan
            
            
            916,6453,349,941





Vehicles
      of approximately $1,244,793 were pledged to secure the stocking loan outstanding
      as of September 30, 2006.





The
      bank
      borrowings, which are mainly used to finance the purchase of vehicles, are
      secured by pledge of certain fellow subsidiaries’ properties and are
      interest-bearing. The interest rates are generally based on the bank’s best
      lending rate plus a certain percentage and the credit lines are normally subject
      to periodic review. The range of effective interest rates (which are also equal
      to contracted interest rates) on the Company’s borrowings is from 8.5% to 9.25%
      per annum.





**NOTE
      11. OTHER CURRENT LIABILITIES**





Other
      current liabilities by major categories at September 30, 2006 are summarized
      as
      follows:





**$**Trade
                payables
            
            
            382,783Accruals
            
            
            1,292,803Deposits
                received
            
            
            9,117,281Other
                payables
            
            
            1,796,359Amounts
                due to fellow subsidiaries
            
            
            1,23912,590,465




-10-


The
      deposits received mainly represent the amounts received from customers in
      relation to the purchase of new vehicles. The Customer is required to make
      a
      deposit when a sales contract is executed between the customer and the Company
      and the amount of deposit being made is in accordance to the terms and
      conditions of the sales contract.








**NOTE
      12. COMMITMENTS AND CONTINGENT LIABILITIES**





*Litigation,
      Claims and Assessments*





From
      time
      to time the Company may be involved in various disputes and litigation matters
      arising in the normal course of business. It
      is the
      Company’s belief that the resolution of these matters will not have a material
      adverse effect on its financial position or results of operations, however,
      management cannot provide assurance that damages that result in a material
      adverse effect on its financial position or results of operations will not
      be
      imposed in these matters. The Company accounts for contingent liabilities when
      it is probable that future expenditures will be made and such expenditures
      can
      be reasonably estimated.





*Operating
      Lease Commitments*





The
      Company leases its dealership facilities, service center facilities and office
      space under non-cancellable operating leases in Hong Kong and PRC. Minimum
      future rental payments required under non-cancellable operating leases in effect
      as of September 30, 2006 are as follows:




2006
              
              $
              272,0802007
              
              
              972,7902008
              
              
              74,129$
              1,318,999





Rent
      expense for the nine months ended September 30, 2006 amounted to $847,592 (2005:
      $618,592).





-11-


**NOTE
      13. RELATED PARTY BALANCES AND TRANSACTIONS**





The
      following is a summary of significant transactions among certain related parties
      and the Company during the nine months ended September 30, 2006 and 2005, and
      the significant balances among certain related parties and the Company at
      September 30, 2006:





**2006**
            
            **2005**Consolidated
                Income Statements:
            
            Note
            
            **$**Sales
                to:-
                Ultimate holding company
            
            
            (a)
            
            
            166,158
            
            
            —-
                Fellow subsidiaries
            
            
            (a)
            
            
            —
            
            
            253,846-
                Associate
            
            
            (a)
            
            
            —
            
            
            574,169Purchases
                from:-
                Fellow subsidiaries
            
            
            (a)
            
            
            —
            
            
            119,231-
                Associate
            
            
            (a)
            
            
            1,044,820
            
            
            —Interest
                received from:-
                Fellow subsidiaries
            
            
            (b)
            
            
            19,783
            
            
            49,050Management
                fee paid to:-
                Ultimate holding company
            
            
            (c)
            
            
            232,258
            
            
            426,597Consolidated
                Balance Sheet:Amounts
                due from fellow subsidiaries:-
                Wo Kee Hong Limited
            
            
            (d)
            
            
            27,248Amounts
                due to fellow subsidiaries:-
                Shinwa Asia Pacific Company Limited
            
            
            (d)
            
            
            —-
                Stoneycroft Estates Limited
            
            
            (d)
            
            
            (14
            )-
                Wo Kee Advertising Limited
            
            
            (d)
            
            
            —-
                Wo Kee Hong Limited
            
            
            (d)
            
            
            —-
                Wo Kee Services Limited
            
            
            (d)
            
            
            (1,225
            )(1,239
            )Amount
                due from/(to) ultimate holding company-
                Wo Kee Hong (Holdings) Limited
            
            
            (d)
            
            
            2,765,404Amount
                due from an intermediate holding company-
                Corich Enterprise Inc.
            
            
            (d)
            
            
            27,066Amount
                due from an associate-
                Ferrari Maserati Cars International Trading (Shanghai) Co.
                Ltd
            
            
            (d)
            
            
            389,582




Notes:


(a)
            The
                transactions were carried out at market price or, where no market
                price
                was available, at cost plus a percentage profit
                mark-up.


(b)
            The
                loan advance to a fellow subsidiary is unsecured, bears interest
                at 9.25%
                per annum and repayable on demand.


(c)
            The
                transactions were carried out at terms agreed between both
                parties.


(d)
            The
                amounts due are unsecured, interest free and repayable on
                demand.








-12-


ITEM **2.
      Management’s Discussion and Analysis of Financial Condition and Results of
      Operations**







SAFE
      HARBOR STATEMENT





In
      addition to historical information, the information included in this Form 10-QSB
      contains forward-looking statements within the meaning of Section 27A of the
      Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of
      the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
      Forward-looking statements involve numerous risks and uncertainties and should
      not be relied upon as predictions of future events. Certain such forward-looking
      statements can be identified by the use of forward-looking terminology such
      as
“believes,” “expects,” “may,” “might,” “will,” “should,” “seeks,” “intends,”
“plans,” “pro forma,” “estimates,” or “anticipates” or other variations thereof
      or comparable terminology, or by discussions of strategy, plans or intentions.
      Such forward-looking statements are necessarily dependent on assumptions, data
      or methods that may be incorrect or imprecise and may be incapable of being
      realized. The following factors, among others, could cause actual results and
      future events to differ materially from those set forth or contemplated in
      the
      forward-looking statements: need for a significant amount of additional capital,
      lack of revenues and our ability to generate future revenues, uncertainty of
      development and availability of additional content networks, ability to
      distribute additional set-top boxes, regulatory issues in the United States
      and
      other countries commercialization and technology difficulties, the results of financing efforts
      and the effectiveness of our marketing strategies, changes or advances made
      by
      other in IPTV and internet technologies, general competitive and economic
      conditions .
      Readers
      are cautioned not to place undue reliance on forward-looking statements, which
      reflect our management’s analysis only. We assume no obligation to update
      forward-looking statements.





**Introductory
      Comment**




On
      September 5, 2006, XACT Aid Inc., a Nevada Corporation, (the “Company” or
“Xact”) acquired 49% of Technorient Limited, a Hong Kong Corporation,
      (“Technorient”) through a reverse merger, with the result that the stockholders
      of Technorient became the beneficial owners of approximately 49% of our stock
      after the conversion of the preferred shares of the Company. The transaction
      was
      completed pursuant to a share exchange agreement and was determined through
      arms-length negotiations between the Company and Technorient.




The
      share
      exchange resulted in a change of control whereby, in connection with the share
      exchange, the Company issued (i) an aggregate of 972,728 shares of the Series
      A
      Preferred stock in exchange for 49% of the issued and outstanding shares of
      Technorient, (ii) 561,245 shares of Series A Preferred Stock for consulting
      services to be provided to Technorient after the Exchange, and (iii) an
      aggregate of 21,629,337 shares of common stock in connection with certain debt
      conversions. As a result, after giving effect to the exchange, the debt
      conversions, the issuance of the consulting shares and the share cancellations,
      as of the Exchange, the total issued and outstanding shares of the Company’s
      common stock assuming conversion of the Series A Preferred Stock was 167,668,375
      shares.




Immediately
      subsequent to the acquisition, our limited prior business operations for the
      Company ceased and our operations now represent those of Technorient, which
      is
      physically located in Hong Kong. The transaction resulted in the management
      of
      Technorient having control of the financing and operating decisions of the
      combined enterprise after the transaction. The transaction was accounted for
      as
      a reverse acquisition, whereby Technorient is assumed to be the accounting
      acquirer.




-13-


Technorient
      has a fiscal year end of December 31 and Xact has a fiscal year end of June
      30.
      The Company’s year end will be changed to December 31.




**Overview**




Critical
      Accounting Policies




Management’s
      discussion and analysis of our financial condition and results of operations
      are
      based on our consolidated financial statements, which have been prepared in
      accordance with accounting principles generally accepted in the United States.
      The preparation of these financial statements requires management to make
      estimates and judgments that affect the reported amounts of assets, liabilities,
      revenues and expenses, and related disclosures of contingent assets and
      liabilities. On an ongoing basis, management evaluates its estimates, including
      those related to impairment of long-lived assets, including finite lived
      intangible assets, accrued liabilities and certain expenses. We base our
      estimates on historical experience and on various other assumptions that we
      believe to be reasonable under the circumstances, the results of which form
      the
      basis for making judgments about the carrying values of assets and liabilities
      that are not readily apparent from other sources. Actual results may differ
      materially from these estimates under different assumptions or
      conditions.




Our
      significant accounting policies are summarized in Note 2 of our unaudited
      financial statements for the year ended December 31, 2005.




**Results
      of Operations**




**Comparison
      of Nine Months Ended September 30, 2006 vs. Nine Months Ended September 30,
      2005**


**SALES**
 **Nine
                  Months ended September 30, 2006**
              
              **Nine
                  Months ended September 30, 2005**New
                  and used vehicles
              
              $
              35.9
              M
              
              91
              %
              $
              25.7
              M
              
              90
              %Parts
                  and service
              
              $
              3.7
              M
              
              9
              %
              $
              2.9
              M
              
              10
              %Total
              
              $
              39.6
              M
              
              100
              %
              $
              28.6
              M
              
              100
              %
 
 Sales
        consist of sales of new and used vehicles, sale of parts, and services rendered
        for vehicle maintenance and repair.
  Net
        sales
        were approximately $ 39,600,000 and
        $ 28,600,000 for the
        nine months ended September 30, 2006 and 2005, respectively. Net sales for
        the
        nine months ended September 30, 2006 increased by $11 million or 38% to $39.6
        million, compared with the same period of 2005. The increase in sales was
        mainly
        contributed by the new and used vehicles trading segment. The increase in
        new
        car sales was fueled by the launch of new models, including the Ferrari F430
        and
        Superamerica in the second half of 2005.
  Increase
        in parts and service sales reflects the impact from the additional high-tech
        3S
        (Sales, Service and Spare parts) centre that was opened in October 2005.
  **COST
        OF SALES**
  Cost
        of
        sales for nine months ended September 30, 2006 increased to approximately
        $32
        million from approximately $23.8 million for nine months ended September
        30,
        2005, $8.2 million or 34% increase which was consistent with the increase
        in
        revenues.
  **GROSS
        PROFIT**
  For
        the
        nine months ended September 30, 2006, gross profit was approximately $7.6
        million as compared to approximately $4.8 million for the same period of
        2005,
        an increase of $2.8 million or 58%. Gross margin was 19.1% for the nine months
        ended September 30, 2006, an increase of 2.3% from 16.8% for the same period
        of
        2005.
  The
        increase in gross margin was mainly contributed by the new and used vehicles
        trading segment. This was caused by the launch of F430 Challenge, a highly
        acclaimed left hand drive racing car, in first half of 2006.
  -14-
 The
        fluctuation of the value of Euro had certain positive impact on gross margin
        on
        the parts and service segment as nearly all parts purchase cost were denominated
        in Euros while the revenue was denominated in HKD.
  **SELLING,
        GENERAL AND ADMINISTRATIVE EXPENSES**
  Selling,
        general and administrative expenses for
        the nine months ended September 30, 2006 was approximately $6.6 million or 16.7% of net sales compared to approximately $4.6 million or 16% of net sales for the same period of 2005. In general,
        the approximately $2 million or 43% increase in selling, general and administrative expenses
        was
        primarily due to the growth of revenues and rapid business expansion that
        had
        reflected in our increased marketing expenses, staff cost, rental expenses
        and
        depreciation.
  Marketing
        expenses were approximately $480,000 for the nine months ended September 30, 2006, as compared to approximately $250,000 for the same period of 2005, an increase of $230,000 or 92%.
  Due
        to
        the inauguration of new 3S centre in October 2005, the staff cost was increased
        from approximately $1.5 million for nine months ended September 30, 2005
        to
        approximately $2.3 million for the same period of 2006, and rent, rate and
        building management fee, increased from approximately $0.7 million for nine
        months ended September 30, 2005 to approximately $1 million for the same
        period
        of 2006. Depreciation expense increased to approximately $400,000 for the
        nine
        months ended September 30, 2006, compared with depreciation expense of
        approximately $110,000 for the same period of 2005 due to the HKD2.1 million
        new
        investments in fixed asset in the new showroom and service centre.
  **OTHER
        EXPENSES / INCOME**
  Other
        expenses for
        the nine months ended September 30, 2006 increased to approximately $100,000
        as
        compared with other income of approximately $85,000 for the same period of 2005. The $185,000 increase was mainly caused
        by
        the increased interest expenses. The interest expense for the nine months
        ended
        September 30, 2006 increased by approximately $180,000 to approximately $290,000 from approximately $110,000 for the same period of 2005. The funds for which the increased interest
        expense was incurred were used for working capital purposes, as well as new
        investment in fixed assets, to support the expansion of our
        business.
  -15-
 **MINORITY
        INTERESTS**
  Minority
          interests for both periods presented represent
          outside ownership interests in subsidiaries that is consolidated with the
          parent
          for financial reporting purposes.
 **NET
        PROFIT**
  Net
        profit for the nine months ended September 30, 2006 increased by approximately
        $307,000 to a net profit of approximately $421,000 from approximately $114,000
        for the same period of 2005 due to the factors discussed above.
  ***Results
        of operations for the three months ended September 30, 2006 as compared to
        the
        three months ended September 30, 2005.***
 
 **SALES**
 **Three
                  Months ended September 30, 2006**
              
              **Three
                  Months ended September 30, 2005**New
                  and used vehicles
              
              $
              13.3
              M
              
              90
              %
              $
              8.0
              M
              
              88
              %Parts
                  and service
              
              $
              1.4
              M
              
              10
              %
              $
              1.1
              M
              
              12
              %Total
              
              $
              14.7
              M
              
              100
              %
              $
              9.1
              M
              
              100
              %
 
 Sales
        consist of sales of new and used vehicles, sale of parts, and services rendered
        for vehicle maintenance and repair.
  Net
        sales
        were approximately $ 14,700,000 and
        $ 9,100,000 for the
        three months ended September 30, 2006 and 2005, respectively. Net sales for
        the
        three months ended September 30, 2006 increased by $5.6 million or 62% to
        $14.7
        million, compared with the same period of 2005. The increase in sales was
        mainly
        contributed by the new and used vehicles trading segment.
  Increase
        in parts and service sales reflects the impact from the additional high-tech
        3S
        (Sales, Service and Spare parts) centre that was inaugurated in October
        2005.
  **COST
        OF SALES**
  Cost
        of
        sales for three months ended September 30, 2006 increased to approximately
        $11.8
        million from approximately $7.2 million for three months ended September
        30,
        2005, $ 4.6 million or 64% increase which was consistent with the increase
        in
        revenues.
  **GROSS
        PROFIT**
  For
        the
        three months ended September 30, 2006, gross profit was approximately $2.9
        million as compared to approximately $1.8 million for the same period of
        2005,
        an increase of $1.1 million or 61%. Gross margin was 19.7% for the three
        months
        ended September 30, 2006 that was comparable with the gross margin of 19.8%
        for
        the same period of 2005.
  -16-
 **SELLING,
        GENERAL AND ADMINISTRATIVE EXPENSES**
  Selling,
        general and administrative expenses for
        the three months ended September 30, 2006 was approximately $2.4 million or 16.3% of net sales compared to approximately $1.8 million or 19.8% of net sales for the same period of 2005. In general,
        the approximately $0.6 million or 33% increase in selling, general and administrative expenses
        was
        primarily due to the growth of revenues and rapid business expansion that
        had
        reflected in our increased marketing expenses, staff cost, rental expenses
        and
        depreciation.
  Marketing
        expenses were approximately $261,000 for the three months ended September 30, 2006, as compared to approximately $129,000 for the same period of 2005, an increase of $132,000 or 102%.
  Due
        to
        the inauguration of new 3S centre in October 2005, the staff cost was increased
        from approximately $500,000 for three months ended September 30, 2005 to
        approximately $790,000 for the same period of 2006, and rent, rate and building
        management fee, increased from approximately $280,000 for three months ended
        September 30, 2005 to approximately $350,000 for the same period of 2006.
        Depreciation expense increased to approximately $150,000 for the three months
        ended September 30, 2006, compared with depreciation expense of approximately
        $30,000 for the same period of 2005.
  **OTHER
        EXPENSES / INCOME**
  Other
        expenses for
        the three months ended September 30, 2006 increased to approximately $80,000
        as
        compared with other income of approximately $98,000 for the same period of 2005. The increase of $178,000 was mainly
        caused
        by the increased interest expenses and share of the loss from associate.
        The
        interest expense for the three months ended September 30, 2006 increased
        by approximately $81,000 to approximately $113,000 from approximately $32,000 for the same period of 2005. The Company's share of the loss of
        approximately $34,000 was from the result of associate for three
        months ended September 30, 2006 as compared to the share of the gain of
        approximately $70,000 for the same period of 2005, an increase of
        104,000.
  **MINORITY
          INTERESTS**
  Minority
          interests for both periods presented represent
          outside ownership interests in subsidiaries that is consolidated with the
          parent
          for financial reporting purposes.
 **NET
        PROFIT**
  Net
        profit for the three months ended September 30, 2006 increased by approximately
        $93,000 to a net profit of approximately $169,000 from approximately $76,000
        for
        the same period of 2005 due to the factors discussed above.
  -17-
 **LIQUIDITY
        AND CAPITAL RESOURCES**
  OPERATING
        - Our operations generated cash resources of approximately $1,871,000 for the nine months ended September 30, 2006, as compared to a
        negative operating cash flow of approximately $28,000 for the nine months ended September 30, 2005, primarily as a net
        result
        of the following:
  ·
              For
                  the nine months ended September 30, 2006, cash flow provided by
                  sales
                  increased by approximately $1,116,000 to approximately $1,330,000.
                  The
                  increase was primarily as a result of the increase in sales.
  ·
              For
                  the nine months ended September 30, 2006, inventory increased by
                  approximately $3.6 million. The increase was consistent with our
                  business
                  growth especially for car trading segment.
  ·
              For
                  the nine months ended September 30, 2006, the increase or decrease
                  of
                  various current operating assets and liabilities, included the
                  aforementioned items, resulted in an aggregate increase of cash
                  inflow
                  from operations of approximately $540,000.
  INVESTING
        - During the nine months ended September 30, 2006, we expended net cash of approximately $3,400,000 in the investing activities, including approximately $2,600,000 advances to group companies and associates. For the nine months
        ended
        September 30, 2005, we utilized approximately $2,000,000 in investing activities, mainly included approximately $1,800,000 advances to group companies and associates.
  FINANCING
        - During the nine months ended September 30, 2006, we made new net drawdown
        amounting to approximately $1,300,000 from banks. For the nine months ended September 30, 2005, the
        Company
        made new net drawdown amounting to approximately $1,500,000 from banks.
  WORKING
        CAPITAL - Current assets exceeded current liabilities at September 30, 2006
        by
        approximately $1,340,000, an increase of $650,000 from December 31, 2005.
        The
        ratio of our current assets to our current liabilities was 1.08 to 1 at
        September 30, 2006, 1.05 to 1 at December 31, 2005. At September 30,
        2006, our current assets of approximately $17.3 million
        included approximately $8.6 million inventory that was funded by the
        operating cash flow and trade finance facilities. Our current liabilities
        of
        approximately $15.9 million included approximately $9.1 million of customer
        deposits.  Given the exclusive nature and extremely limited production of
        Ferrari cars, our customers are willing to place material deposits in advance
        to
        the Company in order to secure their new car orders. This resulted in
        customer deposits of approximately $9.1 million, which deposits are
        included in "other current liabilities" of the Company as at September 30,
        2006.





**Liquidity
      and Capital Resources**





**ITEM
      3. Controls And Procedures**




We
      maintain disclosure controls and procedures that are designed to ensure that
      information required to be disclosed in our Exchange Act reports is recorded,
      processed, summarized and reported within the time periods specified in the
      Securities and Exchange Commission’s rules and forms and that such information
      is accumulated and communicated to this company’s management, including our
      Chief Executive Officer and Chief Financial Officer, as appropriate, to allow
      for timely decisions regarding required disclosure. In designing and evaluating
      the disclosure controls and procedures, management recognizes that any controls
      and procedures, no matter how well designed and operated, can provide only
      reasonable assurance of achieving the desired control objectives, and management
      is required to apply its judgment in evaluating the cost-benefit relationship
      of
      possible controls and procedures.




-18-


As
      required by Securities and Exchange Commission Rule 13a-15(b), we carried out
      an
      evaluation, under the supervision and with the participation of the Company’s
      management, including our Chief Executive Officer and the Company’s Chief
      Financial Officer, of the effectiveness of the design and operation of our
      disclosure controls and procedures as of the end of the quarter covered by
      this
      report. Based on the foregoing, our Chief Executive Officer and Chief Financial
      Officer concluded that our disclosure controls and procedures are effective
      to
      ensure the information required to be disclosed in our reports filed or
      submitted under the Exchange Act is timely recorded, processed and reported
      within the time periods specified in the Securities and Exchange Commission
      rules and forms.




There
      has
      been no change in our internal control over financial reporting during our
      most
      recent fiscal quarter that has materially affected, or is reasonably likely
      to
      materially affect, our internal control over financial reporting.




**PART
      II. OTHER INFORMATION**




ITEM
      2.
      Unregistered Sales of Equity Securities and Use of Proceeds




On
      June
      9, 2006, the Share Exchange Agreement (the “Share Agreement”) was entered into
      by and among Technorient Limited, a Hong Kong corporation (“Technorient”), the
      Company, Fred De Luca, a director of the Company (“De Luca”); Corich Enterprises
      Inc., a British Virgin Islands corporation (“Corich”), and Herbert Adamczyk
      (“Adamczyk”). Subsequently, on July 15, 2006, the amended Share Exchange
      Agreement (the “Amended Share Agreement”) was entered into by the parties which
      agreement replaced in its entirety and superseded the Share Agreement. Pursuant
      to the terms of the Amended Share Agreement, the Company agreed to acquire
      from
      the Corich and Adamczyk (the “Sellers”) 49% of the outstanding capital stock of
      Technorient in exchange for the Company issuing to the Sellers and Orient
      Financial Services Ltd. (“OFS”) 972,728 shares of Series A Convertible Preferred
      Stock (the “Preferred Shares”) which will be convertible into 89,689,881 shares
      of the Company’s Common Stock (the “Exchange”), representing 53.5% of the
      outstanding Common Stock of the Company on a fully diluted basis, taking into
      account the Exchange. After giving effect to the Exchange assuming full
      conversion of the Preferred Shares, there will be approximately 167,644,553
      shares issued and outstanding of the Company’s Common Stock.




On
      September 5, 2006, the transactions contemplated by the Amended Share Agreement
      were consummated. In connection with the Exchange, the Company issued (i) to
      Corich and Adamczyk an aggregate of 972,728 shares of the Series A Preferred
      stock in exchange for 49% of the issued and outstanding shares of Technorient,
      (ii) 561,245 shares of Series A Preferred Stock to Happy Emerald for consulting
      services to be provided to Technorient after the Exchange, and (iii) an
      aggregate of 21,629,337 shares of Common Stock were issued to five
      creditors of the Company in connection with the conversion of their indebtedness
      into shares of the Company’s Common Stock. The Company believes that all
      recipients of shares in the Exchange were accredited investors. The issuance
      of
      the securities in the Exchange was exempt from registration under the Securities
      Act of 1933, as a transaction not involving a public offering under Section
      4(2).




ITEM
      6.
      Exhibits





(a)
            Exhibits


31.1
            Certification
                of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley
                Act


31.2
            Certification
                of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley
                Act


32.1
            Certification
                of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley
                Act


32.2
            Certification
                of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley
                Act




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**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.




XACT
                AID, INC.Date:
              November 17,
              2006
            
            By:
            /s/ RICHARD
              MAN FAI LEERichard
                Man Fai Lee,
              Chief
                Executive Officer and Director


Date:
                November 17,
                2006
              
              By:
              /s/ JOSEPH
                TIK TUNG WONGJoseph
                  Tik Tung Wong,
                Chief
                    Financial Officer


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