UNITED STATES



SECURITIES AND EXCHANGE COMMISSION



Washington, D.C. 20549



Form 10-QSB



(Mark One)





|                                                                        |                                                                                
|----------------------------------------------------------------------- | -------------------------------------------------------------------------------
|[x ]                                                                    | QUARTERLY REPORT UNDER SECTION 13OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934
|                                                                        |                                                                                
|For the quarterly period ended January 31, 2006                        
|[ ]                                                                     | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT     
|                                                                        |                                                                                
|For the transition period from _______________________ to _____________
|Commission file number 000-27397                                       
|                                                                       





|                                                                             |                                                                                                 
|---------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------
|EDGETECH SERVICES INC.

(Exact name of small business issuer in its charter)
|                                                                            
|Nevada

(State or other jurisdiction of incorporation or organization)       | 98-0204280

(I.R.S. Employer Identification No.)                                                
|                                                                             | 501 Santa Monica Blvd
Suite 601
Santa Monica, CA 90401

(Address of principal executive offices)
|__________ 90401____________

(Postal Code)                                  |                                                                                                 
|(Issuer's telephone number) (310)  857 - 6666                               
|                                                                            





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



On February 1, 2006, the number of shares outstanding of the issuers common stock was 70,288,450



Transitional Small Business Disclosure Format (Check one): Yes ____; No __X_



1



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Edgetech Services Inc.



Form 10-QSB



TABLE OF CONTENTS



PART I
      PageItem 1.
      Financial Statements
      3Item 2
      Management's Discussion and Analysis or Plan of Operations
      14Item 3.
      Controls and Procedures
      15PART IIItem 1.
      Legal Proceedings
      15Item 2.
      Changes in Securities
      15Item 3.
      Defaults Upon Senior Securities
      15Item 4.
      Submission of Matters to a Vote
        of Security Holders
      15Item 5.
      Other Information
      15Item 6.
      Exhibits and Reports on Form
        8-K
      16.






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PART I



Item 1 Financial Statements



George Brenner, CPA

A Professional Corporation

10680 W. PICO BOULEVARD, SUITE 260

LOS ANGELES, CALIFORNIA 90064

310/202-6445  Fax 310/202-6494







REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



Board of Directors



Edgetech Services, Inc. and Subsidiary



I have reviewed the accompanying balance sheet as of January 31, 2006 and the related statements of income and retained earnings and cash flows for the six months and nine months ended January 31, 2006 and January 31, 2005.  These financial statements are the representation of the Companys management.



I conducted my review in accordance with standards established by the Public Company Accounting Oversight Board. A review of interim financial information consists principally of applying analytical procedures to financial data and making inquiries of persons responsible for financial and accounting matters. It is substantially less in scope than an audit conducted in accordance with auditing standards generally accepted in the United States, the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, I do not express such an opinion.



Based on my review, I am not aware of any material modifications that should be made to the accompanying financial statements for them to be in conformity with accounting principles generally accepted in the United States.





George Brenner, CPA



Los Angeles, California



January 31, 2006





3



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EDGETECH SERVICES INC. AND SUBSIDIARIES



CONSOLIDATED FINANCIAL STATEMENTS



(Unaudited - Prepared by management and reviewed by independent, board certified auditor)







EDGETECH SERVICES INC. and SUBSIDIARIES



CONSOLIDATED BALANCE SHEET



(Unaudited)



JAN 31, 2006



|                           |             
|-------------------------- | ------------
|Assets                     |             
|Current                    |             
|Cash                       | $    518,798
|Accounts Receivable        | 480,888     
|Inventory                  | 3,510       
|Total Current Assets       | 1,003,196   
|Encumbered Cash (Lock Box) | 385,208     
|Fixed Assets               | 17,311      
|Loan to Related Party      | 73,259      
|                           |             
|Total Assets               | 1,478,973   
|                           |             



4



-Continued-

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EDGETECH SERVICES INC. and SUBSIDIARIES

CONSOLIDATED BALANCE SHEET

(Unaudited)

JAN 31, 2006





|                                                                             |            
|---------------------------------------------------------------------------- | -----------
|LIABLITIES & EQUITY                                                          |            
|                                                                             |            
|Current                                                                      |            
|Accounts payable                                                             | $434,033   
|Sales Tax Payable                                                            | 83,061     
|Deferred Sales                                                               | 180,081    
|Total Current Liabilities                                                    | 697,175    
|Long Term Liabilities                                                        |            
|Line of Credit Pledged by Lock Box                                           | 198,000    
|Loan from Related Party                                                      | 184,323    
|Other Loans                                                                  | 92,186     
|Total Long Term Liabilities                                                  | 474,508    
|Total Liabilities                                                            | 1,171,683  
|Shareholders Equity/Deficiency                                               |            
|150,000,000 common shares authorized, no par value, assigned value of $0.001 |            
|70,288,450 common shares issued and outstanding                              | 70,426     
|137,500 common shares treasury stock                                         | (4,715)    
|25,000,000 convertible preferred shares with a par value of $0.001           |            
|25,000,000 preferred shares issued and outstanding                           | 25,000     
|Additional Paid In Capital                                                   | 2,691,689  
|Accumulated Deficit                                                          | (2,475,210)
|Total                                                                        | 307,290    
|Total Liabilities and Shareholders Deficiency                               | 1,478,974  



5





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EDGETECH SERVICES INC. and SUBSIDIARIES



CONSOLIDATED STATEMENTS OF OPERATIONS



(Unaudited)



|                                           |                                               |                                              
|------------------------------------------ | --------------------------------------------- | ---------------------------------------------
|                                           | Three Month period ended 
    January 31,2006 | Three Month period ended 
    January 31,2005
|REVENUE                                    |                                               |                                              
|Total Revenue                              | $     660,664                                 | $       730,806                              
|Refunds                                    | 55,681                                        | 0                                            
|Net Sales                                  | 624,983                                       | 730,806                                      
|COGS                                       | 238,543                                       | 312,116                                      
|                                           |                                               |                                              
|GROSS PROFIT                               | 386,440                                       | 418,690                                      
|EXPENSES                                   |                                               |                                              
|General and  Administrative                | 143,834                                       | 265,384                                      
|Outsourcing                                | 2,275                                         | 298,024                                      
|Salaries                                   | 32,323                                        |                                              
|Travel & Entertainment                     | 3,976                                         |                                              
|                                           |                                               |                                              
|Total Expenses                             | 202,408                                       | 563,408                                      
|                                           |                                               |                                              
|Operating Income (Loss)                    | 184,031                                       | (144,718)                                    
|Interest Income                            | 1,270                                         |                                              
|Interest Expense                           | 622                                           | 6,112                                        
|                                           |                                               |                                              
|Other Adjustment                           | 0                                             | 0                                            
|                                           |                                               |                                              
|Net Income (Loss)                          | 184,679                                       | $       (150,830)                            
|Weighted Average Common Shares Outstanding |                                               |                                              
|Basic                                      | 70,288,450                                    | 41,802,894                                   
|Diluted                                    | 704,259,950                                   | 41,802,894                                   
|Net Income Per Share (Fully Diluted)       | .0003                                         | (0.01)                                       
|                                           |                                               |                                              



6





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EDGETECH SERVICES INC. and SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

NINE MONTH PERIOD ENDED JANUARY 31, 2006

(Unaudited)





|                                            |                                         |                                        
|------------------------------------------- | --------------------------------------- | ---------------------------------------
|                                            | Nine Month period ended
January 31,2006 | Nine Month period ended
January 31,2005
|REVENUE                                     |                                         |                                        
|Total Revenue                               | $          2,292,250                    | $        1,575,261                     
|Refunds                                     | 108,153                                 |                                        
|Net Sales                                   | 2,184,097                               | 1,575,261                              
|COGS                                        | 733,453                                 | 419,320                                
|GROSS PROFIT                                | 1,450,644                               | 1,155,941                              
|EXPENSES                                    |                                         |                                        
|General and Administrative                  | 626,104                                 | 1,903,574                              
|Net Income (Loss)                           | $            824,540                    | $         (747,633)                    
|Weighted Average Common Shares Outstanding  |                                         |                                        
|Basic                                       | 70,288,450                              | 40,718,948                             
|Diluted                                     | 704,259,950                             | 40,718,948                             
|Net Income (Loss) Per Share (Fully Diluted) | .0012                                   | (0.02)                                 
|                                            |                                         |                                        



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



7





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EDGETECH SERVICES INC. and SUBSIDIARY



CONSOLIDATED STATEMENTS OF CASH FLOWS



(Unaudited)



THREE MONTH PERIOD ENDED JANUARY 31, 2006



|                                                             |                                      |                                     
|------------------------------------------------------------ | ------------------------------------ | ------------------------------------
|                                                             | Three Month period ended
Jan 31,2006 | Three Month period ended
Jan 31,2005
|Cash Flows from Operating Activities                         |                                      |                                     
|Net Income (Loss)                                            | $         184,679                    | $                      (747,633)    
|Change in A/R                                                | 114,403                              | (102,493)                           
|Change in Def Inc                                            | 20,005                               |                                     
|Change in Tax Liabilities                                    | 33,010                               |                                     
|Change in Line of Credit                                     | (166,320)                            | 0                                   
|Change in A/P, Misc liabilities                              | 77,209                               | 256,927                             
|Change in Short Term Asset                                   | (385,769)                            | (54,168)                            
|                                                             |                                      |                                     
|Change in Other Liabilities                                  | 198,000                              | 0                                   
|Other changes in Cash Flow from
    Operating Activities     |                                      | (620,488)                           
|Total Cash from  Operating Activities                        | 75,217                               | (567,230)                           
|Cash Flows from Investing Activities                         | 100                                  | 234,455                             
|Change in Fixed  Assets                                      | (3,797)                              | 4,103                               
|                                                             |                                      |                                     
|Total Cash Flows from Investing Activities                   | (3,697)                              | 238,558                             
|Cash Flows from Financing Activities                         | 0                                    | 238,558                             
|Change in Notes to
    Related Parties                       | 0                                    | (13,116)                            
|Changes in Notes to Investors                                | (12,581)                             | 0                                   
|Total Cash Flows from Financing Activities                   | (12,581)                             | (13,116)                            
|Effect of exchange rate changes on cash and cash equivalents | 0                                    | 26,975                              
|Beginning Cash                                               | 459,859                              | 143,967                             
|Net Increase/Decrease in Cash                                | 58,939                               | (341,788)                           
|Ending Cash                                                  | 518,798                              | (48)                                





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



8



Ó 2005.  EDGAR Online, Inc.



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EDGETECH SERVICES INC. and SUBSIDIARY

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

JAN 31, 2006

DEFINITIONS

Edgetech Services Inc., a Nevada Corporation, herein referred to as Edgetech

Edgetech Services Inc., an Ontario Canada Company

1.  HISTORY AND ORGANIZATION OF THE COMPANY

Edgetech Services Inc. (Edgetech) was incorporated under the laws of Nevada on May 16, 1997, as Newsgurus.com, Inc. and changed its name to Secure Enterprise Solutions Inc. on January 10, 2002, and then to Edgetech Services Inc. Edgetech was is in the business of providing information technology (IT) security consulting services, and during fiscal 2004, began to sell security hardware. Edgetech operated from offices in Toronto, Canada.

On June 1, 2005, the Registrant entered into an agreement with the shareholders of Webs Biggest, Inc., (a California Corporation), Mr. Xavier Roy of Los Angeles, California, and Advisors LLC, an Iowa Limited Liability Corporation  (collectively, Webs Biggest) which would result in the Registrant issuing 25,000,000 convertible preferred shares to the shareholders of Webs Biggest in consideration for 100% of the outstanding capital of Webs Biggest and $250,000 be used for general working capital of the Registrant. This transaction has been recorded as a recapitalization of Edgetech Services, Inc.

Each convertible preferred share is convertible into 25.3533 common shares of the Registrant with all the rights and privileges of the equivalent number of common shares prior and post conversion.

When completed, this transaction resulted in a change of control of the Registrant and the pre merger shareholders of the registrant owning approximately 10% of the newly combined entity.

For further information about this recapitalization, refer to the Form 8-K filed with the Securities and Exchange Commission on June 2, 2005.Audited financial statements of Webs Biggest for fiscal years 2003, 2004, and 2005 were also filed in this Form 8-K.

Following the acquisition of Webs Biggest, Inc. by Edgetech, the Webs Biggest, Inc. shareholders became the controlling shareholders of Edgetech. As a result, the financial information provided for the 2006 fiscal year for the purpose of comparison with the 2005 fiscal year only includes financial information relating to Edgetech Services, Inc.

Prior to the merger Edgetech had an IT hardware reseller business and an IT consulting business (both headquartered in an office on Toronto). At the time of the merger Webs Biggest, Inc. invested $250,000 into the two IT businesses that existed in Edgetech prior to the merger. These funds were invested in an attempt to assist this business to remain viable and avoid closure due to unsustainable losses. While this investment enabled the business to pay some creditors the management of this business unit was unable to restructure this business into a viable business and the $250,000 invested by Webs Biggest could not be recovered. As a result, the new management of Edgetech chose not invest additional funds into this business and decided to close the Toronto office, close the IT hardware reseller business and restructure and maintain the IT consulting business. The Company is negotiating settlements with various creditors of the closed IT hardware reseller business. The continuing IT consulting business is now profitable and located in the Santa Monica office.

In a duly organized meeting of the Board of Directors of the Company on Wednesday, November 23, 2005, Mr. Xavier Roy resigned as Chairman, President, CEO and Director of the Company. Adam Radly, formerly the General Manager of Webs Biggest, was appointed Director, CEO and President.  Paul Aunger has been appointed Director, Secretary and Treasurer. Mr. Radly and Mr. Aunger hold all Director and Officer positions of the Company and all of its subsidiaries. Mr. Roy no longer holds any Director or Officer positions of the Company or any of its subsidiaries.

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim information and with the instructions to Form 10-QSB and Regulation S-B. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments consisting of a normal and recurring nature considered necessary for a fair presentation have been included. Operating results for the three month period ended July 31, 2005, may not necessarily be indicative of the results that may be expected for the year ended April 30, 2006.



9



Ó 2005.  EDGAR Online, Inc.



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2.  SIGNIFICANT ACCOUNTING POLICIES



The significant accounting policies adopted by Edgetech are as follows:



Principles of consolidation



These consolidated financial statements include the accounts of Edgetech Services Inc., a Nevada Corporation and its wholly-owned subsidiaries.  Significant inter-company transactions have been eliminated upon consolidation.  These companies include Edgetech Services Inc., an Ontario Canada company, Edgetech Services LLC, an Iowa company, Webs Biggest Inc., a California corporation, and Directories LLC, an Iowa limited liability company.



Use of estimates



The preparation of financial statements in accordance with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amount of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the year.  Actual results could differ from these estimates. Estimates are used when accounting for items and matters such as allowance for uncollectible accounts receivable, inventory obsolescence, and amortization.  For our Webs Biggest subsidiary, we have estimated deferred income in the past.  We recently developed a more accurate way of measuring deferred income and, as a result, made an adjustment in the 2nd quarter.  The result was an increase in deferred income and a decrease in sales for the 2nd quarter of $47,916.



Foreign currency translation



Edgetech has operations through a Canadian subsidiary whose functional currency is the Canadian dollar. These consolidated financial statements are stated in United States dollars. Assets and liabilities denominated in Canadian dollars are translated to United States dollars using the exchange rate in effect at the date of the financial statements. Revenue and expenses are translated to United States dollars using the average rate of exchange for the respective period.



Exchange gains and losses arising from this translation are excluded from the determination of income and are reported as a foreign currency translation adjustment in stockholders' equity included under comprehensive gain/loss.



Accounts receivable



Trade and other accounts receivable are carried at face value less any provisions considered necessary. Accounts receivable primarily includes trade receivables from customers and Goods and Services Tax receivable in Canada.  For the period ended April 30, 2005, reserve balances in our merchant banks was classified as an accounts receivable.  Reserve balances with our merchant banks are classified as cash. Edgetech estimates doubtful accounts on an item-to-item basis and includes over aged accounts as part of allowance for doubtful accounts, which are generally accounts that are ninety-days overdue.  There was no bad debt expense for the periods ended January  31, 2006.



Inventory



Inventory is valued at the lower of cost (calculated on a weighted average basis) and net realizable value.  Inventory consists of computer hardware.



10



Ó 2005.  EDGAR Online, Inc.



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Property and equipment



Property and equipment are recorded at cost, less accumulated depreciation.  For Edgetech Services, an Ontario Canada Company, depreciation is recorded annually on a declining balance basis at the following annual rates:

|                               |    
|------------------------------ | ---
|Office equipment and furniture | 20%
|Computer equipment             | 30%
|                               |    



For Webs Biggest Inc. and subsidiaries, depreciation is recorded annually on a straight-line basis.



Impairment of long-lived assets



Long-lived assets and certain identifiable recorded intangibles are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.  Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net cash flows expected to be generated by the asset.  If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount and the fair value less costs to sell. At January 31, 2006 and 2005, Edgetech does not have any long-lived assets reported on its consolidated balance sheets.



Revenue recognition



Edgetech Services Inc., an Ontario Canada Company, has two sources of revenues: IT consulting services and sales of hardware.  Edgetech recognizes revenue when it is realized or realizable and earned.  Edgetech considers revenue realized or realizable and earned when it has persuasive evidence of an arrangement, the product has been shipped or the services have been provided to the client, the sales price is fixed or determinable, and ability to collect is reasonably assured.   Revenues from IT consulting services only fluctuate from the original arrangements when the customer requires additional services.  Revenues from hardware sales is recognized when the product is shipped to the client and when there are no unfulfilled Company obligations that affect the clients final acceptance of the arrangement. Edgetech does not have any multiple-element arrangements.



Webs Biggest Inc. recognizes product revenue at the time it is earned.  The company collects from its customers on a quarterly basis and enters this into the Deferred Sales account.  This revenue is then accounted for monthly as the deferred income account is debited.



11



Ó 2005.  EDGAR Online, Inc.



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EDGETECH SERVICES INC. and SUBSIDIARY

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Jan 31, 2006



2.  SIGNIFICANT ACCOUNTING POLICIES(contd)



Net income per share



Basic loss per share is computed using the weighted average number of common shares outstanding during the periods.  Diluted income per share is computed using the weighted average number of common shares and potentially dilutive common stock equivalents, including convertible preferred stock outstanding during the period.



Comparative figures



Certain comparative figures have been reclassified to conform to the presentation adopted in the current year.



3.   DUE TO/FROM RELATED PARTIES

|                                                                                          |              
|----------------------------------------------------------------------------------------- | -------------
|                                                                                          | Jan  31, 2006
|Due from entity owned by President and CEO Adam Radly                                     | $ 73,259     
|Due to Paul Aunger, non-interest bearing, unsecured, with no specific terms of repayment. | 184,323      
|                                                                                          |              



Other related party information:



Currently the management of Webs Biggest Inc. operates from the offices of Evolution3 , a company in which Adam Radly, CEO, has an interest.  The cost of lease is divided among both companies.



12



Ó 2005.  EDGAR Online, Inc.



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EDGETECH SERVICES INC. and SUBSIDIARY



NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS



(Unaudited)



Jan 31, 2006



4.  CAPITAL STOCK

Common stock

Holders of common stock are entitled to one vote for each share held.  There are no restrictions that limit Edgetechs ability to pay dividends on its common stock.  Webs Biggest (accounting parent) has made distributions since being formed, while Edgetech has not paid dividends since incorporation.  Edgetechs common stock has no par value.  However, for reporting purposes, Edgetech has assigned a per share amount of $0.001 to common stock.



During the quarter covered by this report, Edgetech did not repurchase any shares of its common stock. Repurchases in prior periods are accounted for as treasury shares, and an entry of ($4,715) was made to shareholders equity to account for the amounts spent to repurchase these shares. Before these repurchases, there were 70,425,950 common shares issued and outstanding. The repurchased shares have not been retired; however, the corporate law of the State of Nevada (Edgetechs state of incorporation) provides that treasury shares may not be counted as outstanding for any reason. Consequently, the amount of the Companys common shares issued and outstanding has been reduced by 137,500 and is 70,288,450.



5.  INCOME TAX

Most of the companys profits are derived from one foreign subsidiary which is not required to pay taxes on profits.  In the event that funds accumulated in the foreign subsidiary are repatriated to the United States, the corporation would be required to pay income tax on the repatriated funds.



6.  RELATED PARTY TRANSACTIONS

During the three-month period ended January 31, 2006, there was no related party transactions.



7.  CONTINGENCIES

In October 2005, Edgetech was sued by Greenfield Commercial Credit (Greenfield), its financing company, in Ontario, Canada. Greenfield alleged that Edgetech had breached a receivables factoring agreement with Greenfield. Greenfields claim seeks monetary damages of approximately C$230,000. During the three months ended January 31, 2006, Edgetech obtained a court order to freeze the lockbox controlled by Greenfield until a ruling is made on the amounts due to Greenfield and Edgetech. As of January 31, 2006, $385,208 was held in the lockbox by Royal Bank of Canada. These funds have been segregated on the Balance Sheet as a non-current asset Encumbered Cash  Lockbox. The Line of Credit due to Greenfield, $198,000 according to Edgetech calculations, has been segregated as a non-current liability and is denominated on the Balance Sheet as Line of credit pledged by lockbox.

Other than the balance sheet items noted above management is unable to determine the financial effects of the Greenfield lawsuit. As the litigation proceeds, however, it may be appropriate to set aside a contingency for potential additional losses from this litigation in subsequent quarters.



During October 2005 Edgetech began a restructuring of the Edgetech Services Canadian IT operation, and the Canadian offices were closed. The Canadian IT operations are being managed from the Edgetech offices in Santa Monica while Edgetech continues the restructuring of the IT operations. During the restructuring, the Canadian IT consultants are continuing to service the Edgetech Canada contracts and are being paid by Edgetech. The lease payments on the Canadian offices and office equipment have been accrued through January 31, 2006 while management negotiates settlements with lessors and  creditors.



13



Ó 2005.  EDGAR Online, Inc.



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Item 2. Management Discussion and Analysis

The information contained in this Management's Discussion and Analysis of Financial Condition and Results of Operation contains "forward looking statements."Actual results may materially differ from those projected in the forward looking statements as a result of certain risks and uncertainties set forth in this report. Although our management believes that the assumptions made and expectations reflected in the forward looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be materially different from the expectations expressed in this Annual Report. The following discussion should be read in conjunction with the unaudited Consolidated Financial Statements and related Notes included in Item 1.

RESULTS OF OPERATIONS FOR THE THREE MONTH PERIOD ENDED JANUARY 31, 2006

Total revenues for the quarter decreased from $730,806 in the three-month period ending January 31, 2005 to $660,664 for the three-month period ending January 31, 2006.  This is primarily the result of the recent merger between Edgetech Services Inc. and Webs Biggest Inc. and the subsequent closing of the Edgetech IT hardware reseller business which had been generating losses. While the closure of this business unit has contributed to a reduction in revenue of 9.5% (when combined with the Webs Biggest business), it has also contributed to an increase in Net Income for the same period of 222% (when combined with the Webs Biggest business).

Selling, general and administrative expenses were reduced from $265,384 for the three months ending January 31, 2005 to $143,834 for the same period in 2006. Total expenses decreased from $563,408 for the three months ending January 31, 2005 to $202,408 for the same period in 2006. Many of the reductions in expenses resulted from the closure of our Toronto office in September 2005. The Toronto office housed our IT hardware reseller business. All employees at the Toronto office were terminated at this time. We decide to close the Toronto office due to a persistent lack of profitability. The Company is negotiating settlements with various creditors of the closed IT hardware reseller business.

Prior to Edgetechs merger with Webs Biggest, Edgetech was incurring losses.  For the fiscal year ended April 2005 (and prior to the merger with Webs Biggest, Inc. in June 2, 2005) the Company generated revenue of  $2,053,789 and incurred losses for the same period of $1,488,720. Since the merger the new management has closed and restructured certain business units that were generating losses and terminated the previous management. Since the merger the new management has reported three consecutive quarters of profitability.

The IT Services business has been maintained, however, personnel has been reduced to one employee and three consultants. The continuing IT Services business is now profitable.



LIQUIDITY AND CAPITAL RESOURCES

Our operating activities for the three months ended January 31, 2006, generated adequate cash to meet our operating needs.  As of January 31, 2006, we had cash and cash equivalents totaling $518,798, and accounts receivable of $480,888. The increase in cash is the result of the successful operating activities of Webs Biggest, Inc. and the turnaround of the Edgetech IT business.



Management believes existing cash, cash equivalents and investments in marketable debt securities, together with any cash generated from operations will be sufficient to meet normal operating requirements including capital expenditures for the next twelve months.  However, we may sell additional equity or debt securities or obtain credit facilities to further enhance our liquidity position and/or finance acquisitions, and the sale of additional equity securities could result in additional dilution to our stockholders.



Our current management team, composed of Adam Radly and Paul Aunger, have elected not to be paid any salaries or fees since the Webs Biggest merger in order to preserve the Companys cash reserves and maximize the Companys profitability. However, Messrs. Radly and Aunger may elect to receive salaries or fees in the future.





14



Ó 2005.  EDGAR Online, Inc.



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Item 3. Controls and Procedures



(a)  Evaluation of disclosure controls and procedures.



Our management evaluated the disclosure controls and procedures of the Company, and found them to be operating efficiently and effectively to ensure that information required to be disclosed by our Company under the general rules and regulations promulgated under the Securities Exchange Act of 1934, is recorded, processed, summarized and reported, within the time periods specified by rules of the SEC. These disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by our Company is accumulated and communicated to the management of our Company, including its principal executive officer and principal financial officer as appropriate to allow timely decisions regarding required disclosure.



(b)  Changes in internal controls



There were no unusual or material changes in internal controls that we can detect other than those that are a result of the change in control of Edgetech, which resulted in a change in management, a dismissal of the previous officers, and the replacement of personnel.  The new officers of the company have implemented enhanced  policies and procedures  since the merger with Webs Biggest, Inc..



PART II



Item 1. Legal Proceedings.



Edgetech Services Inc. is currently a party to two legal proceedings.



In October 2005, we were sued by our financing company, Greenfield Commercial Credit (Greenfield), in Ontario, Canada. Greenfield alleged that Edgetech had breached a receivables factoring agreement with Greenfield. Our Form 10-Q for the period ended October 31, 2005 discusses the Greenfield lawsuit. Greenfield has obtained a court order to freeze the lockbox account into which Edgetech receivables are deposited until a final accounting is made.



Our Form 10-Q for the period ended October 31, 2005, also mentioned our ongoing discussions with Xavier Roy, our former Chairman and CEO. Since the date of that filing, the Company has resolved all issues involving Mr. Xavier Roy.



However, the Company has a pending claim from Mr. Charles Roy (the son of the former CEO, Mr. Xavier Roy). At approximately the same time as Mr. Xavier Roy resigned as CEO, the Company discovered that Xavier Roy had executed a Consulting Contract that committed the Company to pay Mr. Charles Roy $4,500 per month for 24 months. The contract also states that the Company must pay a minimum of $108,000 in the event that Mr. Charles Roy is terminated. The Company is currently negotiating this matter with Mr. Charles Roy. If this matter is not resolved it may lead to litigation by or against the Company. The Company is unable to determine the financial impact of these issues.



Following the merger between Edgetech Services, Inc. and Webs Biggest, Inc. the Company conducted a detailed analysis of the Edgetech IT business that had been managed by Tae Ho Kim (Chairman of the Company prior to the merger) and Sang Ho Kim (CEO of the Company prior to the merger). The Company and its legal counsel have been conducting an investigation into various actions regarding the corporate governance of the Company under the management of Mr. Tae Ho Kim and Sang Ho Kim (the Kims). These actions include the use of Company resources for personal activities and the issue of 25 million common shares of the Company to themselves (representing approximately 36% of the total outstanding common stock of the Company at the time). While there is currently no litigation between the Company and the Kims, the current investigation by the Company may result in legal action taken by the Company against the Kims relating to these activities.



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

None



Item 3. Defaults Upon Senior Securities



Not Applicable.



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



None



Item 5. Other Information



Management of the Company believes that the Company should grow through acquisitions. As a result, Management is currently assessing various acquisition candidates in the Internet and information technology industry. Two of the companies currently being assessed by the Company have net income in excess of $1 million and the Company is currently negotiating with these companies, however, there is no assurance that the Company will be able to successfully negotiate an acquisition with another company or raise sufficient capital to fund the acquisition. Even if such an acquisition is negotiated, the final result will depend on due diligence, financing, and regulatory and shareholder approvals, none of which are assured. In the event that the Company chooses to raise capital to fund an acquisition, the issue of new stock may significantly dilute shareholders. Shareholders and potential investors are therefore cautioned to rely only on Edgetechs current financial condition and business operations without regard to the possibility of an acquisition.





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Item 6. Exhibits



(A) Exhibits



|               |                                                                                                                          
|-------------- | -------------------------------------------------------------------------------------------------------------------------
|Exhibit Number | Description                                                                                                              
|31.1           | Certification  of  the  Chief  Executive Officer required by Rule  13a  -  14(a)  or  Rule  15d  -  14(a).               
|31.2           | Certification  of  the  Chief  Financial Officer required by Rule  13a  -  14(a)  or  Rule  15d  -  14(a).               
|32.1           | Certification  of  the  Chief  Executive Officer required by Rule  13a  -  14(b)  or Rule 15d - 14(b) and 18 U.S.C. 1350.
|32.2           | Certification  of  the  Chief  Financial Officer required by Rule  13a  -  14(b)  or Rule 15d - 14(b) and 18 U.S.C. 1350.
|               |                                                                                                                          





SIGNATURES



In accordance with the requirements of the Exchange Act, the registrantcaused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



EDGETECH SERVICES INC.



By:   /s/ Adam Radly







Adam Radly, President & CEO



Date: March 22, 2006



By:   /s/ Paul Aunger







Paul Aunger, Treasurer -



Date:  March 22, 2006





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Ó 2005.  EDGAR Online, Inc.



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Exhibit 31.1



CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER



REQUIRED BY RULE 13A - 14(A) OR RULE 15D - 14(A)



I, Adam Radly, Chief Executive Officer, certify that:



1.   I have reviewed this quarterly report on Form 10-QSB of Edgetech Services Inc.



2.   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;



3.   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the small business issuer as of, and for, the periods presented in this report;



4.   The small business issuer's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the small business issuer and have:



(a)  Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the small business issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;



(b)  Evaluated the effectiveness of the small business issuer's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and



(c)  Disclosed in this report any change in the small business issuer's internal control over financial reporting that occurred during the small business issuer's most recent fiscal quarter (the small business issuer's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the small business issuer's internal control over financial reporting; and



5.The small business issuer's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control    over financial reporting, to the small business issuer's auditors and the audit committee of the small business issuer's board of directors (or persons performing the equivalent functions):



(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the small business issuer's ability to record, process, summarize and report financial information; and



(b)  Any fraud, whether or not material, that involves management or other employees who have a significant role in the small business issuer's internal control over financial reporting.



Date:   March 22, 2006                       
/s/    Adam Radly

-----------------------------------
                                                                 Chief Executive Officer



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Ó 2005.  EDGAR Online, Inc.



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Exhibit 31.2



CERTIFICATION OF THE CHIEF FINANCIAL OFFICER



REQUIRED BY RULE 13A - 14(A) OR RULE 15D - 14(A)



I, Paul Aunger, Chief Financial Officer, certify that:



1.   I have reviewed this quarterly report on Form 10-QSB of Edgetech Services Inc.



2.   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;



3.   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the small business issuer as of, and for, the periods presented in this report;



4.   The small business issuer's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the small business issuer and have:



(a)  Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the small business issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;



(b)  Evaluated the effectiveness of the small business issuer's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and



(c)  Disclosed in this report any change in the small business issuer's internal control over financial reporting that occurred during the small business issuer's most recent fiscal quarter (the small business issuer's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the small business issuer's internal control over financial reporting; and



5.The small business issuer's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control    over financial reporting, to the small business issuer's auditors and the audit committee of the small business issuer's board of directors (or persons performing the equivalent functions):



(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the small business issuer's ability to record, process, summarize and report financial information; and



(b)  Any fraud, whether or not material, that involves management or other employees who have a significant role in the small business issuer's internal control over financial reporting.



Date:     : March 22, 2006                     /s/    Paul Aunger

-------------------------------------

TREASURER



18



Ó 2005.  EDGAR Online, Inc.



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Exhibit 32.1



CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER



REQUIRED BY RULE 13A - 14(B) OR RULE 15D - 14(B) AND 18 U.S.C. 1350



In connection with the Quarterly Report of Edgetech Services Inc.



On Form 10-QSB for the period ended January 31, 2005, as filed with the Securities and



Exchange  Commission  on  the date hereof (the "Report"), I, Adam Radly, Chief Executive  Officer of  the  Company,  certify, pursuant to 18 U.S.C. Sec. 1350,



that:



(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and



(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.



By: /s/ Adam Radly

-------------------------

Adam Radly

Chief Executive Officer

March 22, 2006



19



Ó 2005.  EDGAR Online, Inc.



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Exhibit 32.2



CERTIFICATION OF THE CHIEF FINANCIAL OFFICER



REQUIRED BY RULE 13A - 14(B) OR RULE 15D - 14(B) AND 18 U.S.C. 1350



In connection with the Quarterly Report of Edgetech Services Inc.



On Form 10-QSB for the period ended July 31, 2005, as filed with the Securities and



Exchange  Commission  on  the date hereof (the "Report"), I, Paul Aunger, TREASURER of  the  Company,  certify, pursuant to 18 U.S.C. Sec. 1350, that:



(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and



(2) The information contained in the Report fairly presents, in all



material respects, the financial condition and results of operations of the



Company.



By: /s/ Paul Aunger

-------------------------

Paul Aunger

TREASURER

March 22, 2006



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Ó 2005.  EDGAR Online, Inc.



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