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 October 31, 2005                                
|                                                                 
|[ ]                                                               | 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 December 1, 2005, 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_











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Edgetech Services Inc.



Form 10-QSB



TABLE OF CONTENTS



PART I
    PageItem 1.
    Financial Statments
    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 October 31, 2005 and the related statements of income and retained earnings and cash flows for the three months and six months ended October 31, 2005 and October 31, 2004.  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.



[edgetech10qsb002.gif]

George Brenner, CPA

Los Angeles, California

December 13, 2005





EDGETECH SERVICES INC. AND SUBSIDIARIES



CONSOLIDATED FINANCIAL STATEMENTS



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



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EDGETECH SERVICES INC. and SUBSIDIARIES



CONSOLIDATED BALANCE SHEET



(Unaudited)



OCT 31, 2005



|                      |             
|--------------------- | ------------
|Assets                |             
|Current               |             
|Cash                  | $    459,859
|Accounts Receivable   | 595,291     
|Inventory             | 2,949       
|Total Current Assets  | 1,058,098   
|                      |             
|Fixed Assets          | 13,514      
|Loan to Related Party | 73,259      
|                      |             
|                      |             
|Total Assets          | 1,144,871   







-Continued-



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EDGETECH SERVICES INC. and SUBSIDIARIES



CONSOLIDATED BALANCE SHEET



(Unaudited)



OCT 31, 2005



|                                                                             |                           
|---------------------------------------------------------------------------- | --------------------------
|LIABLITIES & EQUITY                                                          |                           
|Current                                                                      |                           
|Line of Credit                                                               | $                  166,320
|Accounts payable                                                             | 356,824                   
|Tax Payable                                                                  | 50,051                    
|Deferred Sales                                                               | 160,076                   
|                                                                             |                           
|Total Current Liabilities                                                    | 733,271                   
|                                                                             |                           
|Long Term Liabilities                                                        |                           
|Loan from Related Party                                                      | 184,323                   
|Other Loans                                                                  | 104,767                   
|                                                                             |                           
|Total Long Term Liabilities                                                  | 289,090                   
|                                                                             |                           
|Total Liabilities                                                            | 1,022,361                 
|                                                                             |                           
|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                                                          | (2,659,889)               
|                                                                             |                           
|Total                                                                        | 122,510                   
|                                                                             |                           
|Total Liabilities and Shareholders Deficiency                               | 1,144,871                 
|                                                                             |                           







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EDGETECH SERVICES INC. and SUBSIDIARIES



CONSOLIDATED STATEMENTS OF OPERATIONS



(Unaudited)



|                                           |                                       |                                      
|------------------------------------------ | ------------------------------------- | -------------------------------------
|                                           | Three Month period ended

Oct 31,2005 | Three Month period ended

Oct 31,2004
|REVENUE                                    |                                       |                                      
|Total Revenue                              | $     841,876                         | $       458,268                      
|Refunds                                    | 52,472                                | 39,324                               
|Net Sales                                  | 789,404                               | 413,911                              
|COGS                                       | 297,722                               | 20,000                               
|                                           |                                       |                                      
|                                           |                                       |                                      
|GROSS PROFIT                               | 491,682                               | 393,911                              
|                                           |                                       |                                      
|EXPENSES                                   |                                       |                                      
|General and  Administrative                | 70,174                                | 11,071                               
|Outsourcing                                | 10,169                                |                                      
|Salaries                                   | 33,418                                |                                      
|Travel & Entertainment                     | 13,754                                |                                      
|Loss on Disposal of Equipment              | 14,938                                |                                      
|Total Expenses                             | 142,452                               |                                      
|                                           |                                       |                                      
|Operating Income                           | 349,230                               |                                      
|Interest Income                            | 1,545                                 |                                      
|Interest Expense                           | 19,320                                |                                      
|Other Adjustment                           | 47,916                                |                                      
|                                           |                                       |                                      
|                                           |                                       |                                      
|Net Income                                 | 283,538                               | $            383,955                 
|Weighted Average Common Shares Outstanding |                                       |                                      
|Basic                                      | 70,425,950                            |                                      
|Diluted                                    | 704,258,450                           |                                      
|Net Income Per Share (Fully Diluted)       | .00040                                |                                      



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EDGETECH SERVICES INC. and SUBSIDIARIES



CONSOLIDATED STATEMENTS OF OPERATIONS



SIX MONTH PERIOD ENDED OCTOBER 31, 2005



(Unaudited)



|                                           |                                     |                                    
|------------------------------------------ | ----------------------------------- | -----------------------------------
|                                           | Six Month period ended

Oct 31,2005 | Six Month period ended

Oct 31,2004
|REVENUE                                    |                                     |                                    
|Total Revenue                              | $1,631,586                          | $           916,536                
|Refunds                                    | 52,472                              | 78,648                             
|Net Sales                                  | 1,579,114                           | 40,000                             
|COGS                                       | 494,910                             |                                    
|                                           |                                     |                                    
|GROSS PROFIT                               | 1,084,204                           | 797,888                            
|                                           |                                     |                                    
|EXPENSES                                   |                                     |                                    
|General and Administrative                 | 424,344                             | 22,142                             
|                                           |                                     |                                    
|Net Income                                 | 659,860                             | $            775,746               
|                                           |                                     |                                    
|Weighted Average Common Shares Outstanding |                                     |                                    
|Basic                                      | 70,425,950                          |                                    
|Diluted                                    | 704,258,450                         |                                    
|Net Income Per Share (Fully Diluted)       | .00094                              |                                    
|                                           |                                     |                                    





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



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EDGETECH
SERVICES INC. and SUBSIDIARY



CONSOLIDATED STATEMENTS OF CASH FLOWS



(Unaudited)



THREE MONTH PERIOD ENDED OCTOBER 31, 2005

|                                                             |                                       |                                          
|------------------------------------------------------------ | ------------------------------------- | -----------------------------------------
|                                                             | Three Month period ended

Oct 31,2005 | Three Month period ended

Oct 31,2004    
|Cash Flows from Operating Activities                         |                                       |                                          
|Net Income                                                   | $        659,860                      | $
                                775,746
|                                                             |                                       |                                          
|Change in A/R                                                | (311,853)                             | (60,098)                                 
|Change in Def Inc                                            | 47,790                                | (290,324)                                
|Change in Tax Liabilities                                    | 47,121                                |                                          
|Change in Line of Credit                                     | (85,542                               |                                          
|Change in A/P, misc liabilities                              | (249,580)                             |                                          
|Change in Short
    Term Asset                               | 10,000                                |                                          
|Change in Other
    Liabilities                              | 11,887                                |                                          
|Other changes in
    Cash Flow from
    Operating Activities | 14,522                                |                                          
|Total Cash from
    Operating Activities                     | 156,902                               | 425,324                                  
|                                                             |                                       |                                          
|Cash Flows from Investing Activities                         |                                       |                                          
|Change in Fixed                                              |                                       |                                          
|Assets                                                       |                                       |                                          
|Total Cash Flows from Investing Activities                   | 7,920                                 |                                          
|                                                             |                                       |                                          
|Cash Flows from Financing Activities                         |                                       |                                          
|Change in Notes to
    Related Parties                       | (501,087)                             |                                          
|Changes in Notes
    to Investors                            | (23,105)                              |                                          
|Total Cash Flows from Financing Activities                   | (524,192)                             |                                          
|                                                             |                                       |                                          
|Beginning Cash                                               | (819,228)                             | 1,797,160                                
|                                                             |                                       |                                          
|Net Increase/Decrease in Cash                                | (359,370)                             | 425,324                                  
|Ending Cash                                                  | 459,859                               | 2,222,484                                
|                                                             |                                       |                                          



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



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EDGETECH SERVICES INC. and SUBSIDIARY



NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS



(Unaudited)



OCT 31, 2005



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 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 a $250,000 loan to 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 current 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, Webs Biggest shareholders became the controlling shareholders of Edgetech. As a result, the financial information provided for the 2004 fiscal year for the purpose of comparison with the 2005 fiscal year only includes financial information relating to Webs Biggest, Inc.



During the two previous quarters, management has conducted a restructuring of the IT Services and IT Hardware Sales businesses of the Company that existed prior to the merger with Webs Biggest, Inc. in an attempt to reduce expenditures and increase profitability. As a result of the restructuring, the IT Hardware Sales business has been closed and all employees terminated due to a persistent lack of profitability. The IT Services business has been maintained, however, personnel has been reduced to one employee and six consultants. The Canadian offices have been closed. The Company is negotiating settlements with various creditors of the closed IT Hardware Sales business. The continuing IT Services business is now profitable.



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.



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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 this quarter.  The result was an increase in deferred income and a decrease in sales for the 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.  For this period and into the future, these balances will be re-classified as Cash to better reflect the nature of these balances.  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 July 31, 2005.



Inventory



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





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Ó2005.  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 July 31, 2005 and 2004, 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.





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EDGETECH SERVICES INC. and SUBSIDIARY



NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS



(Unaudited)



Oct 31, 2005



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



|                                                                                          |                    
|----------------------------------------------------------------------------------------- | -------------------
|                                                                                          | Oct
      31,

2005
|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.



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EDGETECH SERVICES INC. and SUBSIDIARY



NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS



(Unaudited)



July 31, 2005



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 repurchased 137,500 shares of its common stock. These shares are accounted for as treasury shares, and an entry of ($4,715) has been 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 to stand at 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 October 31, 2005, Edgetech paid $199,260 to majority shareholders to reduce long term loans to related parties to $184,323.



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. Edgetech has answered the lawsuit and filed a counterclaim for breach of contract against Greenfield. Greenfields claim seeks monetary damages of approximately C$230,000.



At this point of the litigation, Management is unable to determine the financial effects of the Greenfield lawsuit and Edgetechs counterclaim. Consequently, Edgetech has not recorded a contingency item for this litigation. As the litigation proceeds, however, it may be appropriate to set aside a contingency for potential losses or gains from this litigation in subsequent quarters.



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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 OCTOBER 31, 2005



Total revenues increased from $413,911 in the three-month period ending October 31, 2004 to $789,404 for the three-month period ending October 31, 2005.  This represents an increase of 91%.  This is primarily the result of the recent merger between Edgetech Services Inc. and Webs Biggest Inc.



Prior to Edgetechs merger with Webs Biggest, Edgetech was incurring losses.  For the year ended April 30, 2005, Edgetech incurred losses of $1,488,720.  For the year ended April 30, 2004, Edgetech lost $1,187,944.



For the first quarter after the merger with Webs Biggest (quarter ended July 31, 2005), total net profit was $376,321, which included a contribution of $19,086 from Edgetech Services which came in June and July.  This improvement was accomplished by the new Management Teams reorganization of the IT business in Canada and by reducing costs.   Selling, General and Administrative Expenses were $1.65 million for Edgetech Services for the year ending April 30, 2005.  After the merger on June 2, 2005, the Selling, General and Administrative Costs were $131,438 for the period June 2 to July 31, 2005.



In order to further costs, we closed our Toronto office in September 2005. The Toronto office housed our IT Hardware Sales business. All employees at the Toronto office were terminated. 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 Sales business.



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



LIQUIDITY AND CAPITAL RESOURCES



Our operating activities for the three months ended October 31, 2005, generated adequate cash to meet our operating needs.  As of October 31, 2005, we had cash and cash equivalents totaling $459,859.  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/or new offering developments, 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.



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Ó2005.  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.



EdgetechServices Inc. is currently a party to one legal proceeding.



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.



After the end of the quarter covered by this report, the Companys Chairman and Chief Executive Officer, Xavier Roy, resigned. The Company is currently negotiating several issues with Mr. Roy, which, if not resolved, might lead to litigation by or against the Company. The Company is unable to determine the financial impact of these issues.



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



|                                        |                                                 |                                            |                                                                                                 |                                                                                                                            
|--------------------------------------- | ----------------------------------------------- | ------------------------------------------ | ----------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------
|Period                                  | (a) Total Number of Shares (or Units) Purchased | (b) Average Price Paid per Share (or Unit) | (c) Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs | (d) Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs
|September 8, 2005 to September 30, 2005 | 137,500                                         | $0.0343                                    | 137,500                                                                                         | 19,862,500 shares                                                                                                          
|October 1, 2005 to October 31, 2005     | 0                                               | N/A                                        | 0                                                                                               | 19,862,500 shares                                                                                                          
|                                        |                                                 |                                            |                                                                                                 |                                                                                                                            
|TOTAL                                   | 137,500                                         |                                            | 137,500                                                                                         | 19,862,500 shares                                                                                                          



On June 1, 2005, Edgetech announced a share buyback plan to purchase up to 20 million of its outstanding common shares. On September 8, 2005, Edgetech started to implement its share buyback program by acquiring stock on the open market. Edgetech will continue its buyback program in the future at management discretion.  In the most recent quarter, management purchased 137,300 shares on the open market.



Item 3. Defaults Upon Senior Securities



Not Applicable.



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



On October 11, 2004, the Board of Directors held its annual meeting at the Companys headquarters in Santa Monica, California. At the meeting, various matters were submitted to shareholders for approval through a proxy solicitation.



Following are the results of all matters voted upon at the annual meeting:



|                                                                                                                                                                                                                                                                                                                       |                                  |                                     
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------- | ------------------------------------
|PROPOSAL                                                                                                                                                                                                                                                                                                               | Number of votes FOR the proposal | Number of votes AGAINST the proposal
|                                                                                                                                                                                                                                                                                                                       |                                  |                                     
|Election of Xavier Roy as Director                                                                                                                                                                                                                                                                                     | 636,892,412                      | 0                                   
|Election of Shawn Manesh as Director                                                                                                                                                                                                                                                                                   | 636,995,012                      | 53,000                              
|Ratification of George Brenner, CPA as the Companys Principal Accountant                                                                                                                                                                                                                                              | 636,949,587                      | 175,725                             
|Approval of Discretionary Authority to Edgetechs Board of Directors to Approve Acquisitions                                                                                                                                                                                                                           | 636,798,412                      | 196,200                             
|Amendment of the Companys Articles Of Incorporation to Increase the Authorized Number of Shares of the Companys Common Stock from 150,000,000 to 3,000,0000,000 Shares                                                                                                                                               | 635,541,233                      | 1,532,379                           
|Approval to Authorize 50,000,000 Shares of Common Stock for Employee Stock Option Program                                                                                                                                                                                                                              | 635,784,211                      | 1,227,101                           
|Approval of New Class B Preferred Shares and Authorization of 10,000,000 Class B Preferred Shares with a Conversion Ratio of 1 To 100 into Common Stock                                                                                                                                                                | 635,678,171                      | 1,388,141                           
|Approval of Management Compensation Giving Incentive For Acquisitions: Approval For Each of the Three Members of the Management Team to Receive 1,000,000 of Non-Restricted Preferred B Stock Options for Each Acquisition with More Than $40 Million in Sales or More Than $10 Million in EBITDA                      | 635,587,183                      | 1,417,929                           
|Approval of Management Compensation Giving Incentive for Acquisitions of Profitable Companies: Approval for Each of the Three Members of the Management Team to Receive the Equivalent of 5% of the Purchase Price in Non-Restricted Preferred B Stock Option For Each Acquisition with Less Than $40 Million in Sales | 635,670,446                      | 1,335,564                           
|Approval of Discretionary Authority to Edgetechs Board of Directors to Amend Edgetechs Amended and Restated Certificate Of Incorporation To Effectuate a Reverse Stock Split of Edgetechs Common Stock at a Ratio Within The Range From One-For-Five To One-For-Two Hundred At Any Time Prior To April 1, 2007      | 635,576,446                      | 1,424,266                           



15



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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 registrant
caused 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: December __, 2005



By:   /s/ Paul Aunger



Paul Aunger, Treasurer -



Date: December __, 2005



16



Ó2005.  EDGAR Online, Inc.



---



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:    December __, 2005                     /s/   Adam Radly



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

Chief Executive Officer



17



Ó2005.  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:     December __, 2005                     /s/   Paul Aunger

-------------------------------------                                                                   
TREASURER



18



Ó2005.  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



December __, 2005



19



Ó2005.  EDGAR Online, Inc.



---



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



December __, 2005





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Ó2005.  EDGAR Online, Inc.