U.S. Securities and Exchange Commission
                      Washington, DC 20549
                           Form 10-QSB

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES
    EXCHANGE ACT OF 1934

    For the quarterly period ended January 31, 2004
                                   ----------------

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

    For the transition period from ________ to _________

Commission File number 0-26843
                  Nortia Capital Partners, Inc.
-----------------------------------------------------------------
(Exact name of small business issuer as specified in its charter)

                             Florida
-----------------------------------------------------------------
 (State or other jurisdiction of incorporation or organization)

                           65-0913582
-----------------------------------------------------------------
                (IRS Employer Identification No.)

        400 Hampton View Court, Alpharetta, Georgia 30004
-----------------------------------------------------------------
            (Address of principal executive offices)

                         (770) 777-6795
-----------------------------------------------------------------
                   (Issuer's telephone number)

-----------------------------------------------------------------
(Former name, former address, and former fiscal year, if changed
                       since last report)

              APPLICABLE ONLY TO CORPORATE ISSUERS

      State  the  number of shares outstanding  of  each  of  the
issuer's  classes of common equity, as of the latest  practicable
date:  As  of October 4, 2004, there were approximately 5,725,000
shares of common stock, $0.001 par value, issued and outstanding.

     Transitional Small Business Disclosure Format (check one);

         Yes [ ]                                     No [X]


<PAGE>

                  BF ACQUISITION GROUP I, INC.
                        Form 10-QSB Index
                        January 31, 2004


                                                                  Page

Part I: Financial Information...................................   2

     Item 1. Financial Statements...............................   2

       Balance Sheet at January 31, 2004 (Unaudited)............   3

       Statement of Operations For the Three and Nine
       Months Ended January 31, 2004 And 2003
       (Unaudited)..............................................   4

       Statement Of Cash Flows For the Nine
       Months Ended January 31, 2004 And 2003
       (Unaudited)..............................................   5

       Notes To Financial Statements (Unaudited)................   6

     Item 2. Management's Plan of Operation.....................   14

     Item 3. Controls and Procedures............................   23

Part II:   Other Information....................................   23

     Item 1. Legal Proceedings..................................   23

     Item 2. Unregistered Sales of Equity Securities
             and Use of Proceeds................................   23

     Item 3. Defaults Upon Senior Securities....................   23

     Item 4. Submission of Matters to a Vote of Security
             Holders ...........................................   23

     Item 5. Other Information..................................   23

     Item 6. Exhibits...........................................   24

Signatures......................................................   25


<PAGE>

                             PART I
                      FINANCIAL INFORMATION


Item 1.  Financial Statements




































<PAGE>    2

                       Nortia Capital Partners, Inc.
                   (f/k/a BF Acquisition Group I, Inc.)
                       (A Development Stage Company)
                               Balance Sheet
                            At January 31, 2004
                                (Unuadited)


                          ASSETS
                          ------
Current Assets
Cash                                                     $      72,549
Accounts receivable                                             26,301

Investments - current:
 Available-for-sale securities
    Equities at fair market value                              215,000
                                                         -------------
Total Investments - current                                    215,000
                                                         -------------

Total Current Assets                                           313,850
                                                         =============
Investments - non-current:
 Available-for-sale securities
    Equities at fair market value                              645,000
                                                         -------------
Total Investments - non-current                                645,000
                                                         -------------

Total Assets                                                   958,850
                                                         =============

                        LIABILITIES
                        -----------
Current Liabilities
Accounts payable                                                 6,000
Due to related party                                             1,113
Accrued expenses                                                 6,589
Debentures                                                     227,000
                                                         -------------
Total Current Liabilities                                      240,702
                                                         =============

                    STOCKHOLDERS' EQUITY
                    --------------------

Preferred stock, Series B, $0.001 par value,
  5,000,000 shares authorized, none issued and
  outstanding                                            $        -
Common stock, $0.001 par value, 50,000,000 shares
  authorized 2,275,000 shares issued and outstanding             2,275
Additional paid in capital                                       5,116
Accumulated deficit                                            (12,398)
Deficit accumulated during development stage                    (1,845)
Accumulated other comprehensive income                         725,000
                                                         -------------
Total Stockholders' Equity                                     718,148
                                                         =============

Total Liabilities and Stockholders' Equity               $     958,850
                                                         =============





            See accompanying notes to financial statements.


<PAGE>    3

                         Nortia Capital Partners, Inc.
                     (f/k/a BF Acquisition Group I, Inc.)
                         (A Development Stage Company)
                          Statements of Operations
                                  (Unaudited)

<TABLE>
<CAPTION>
                                                                                               Period from
                                                                                               May 1, 2003
                                      Three Months Ended              Nine Months Ended       (Inception of
                                           January 31,                 January 31,         Development Stage)
                                      2004         2003           2004          2003      to January 31, 2004
                                   ----------   ----------     ----------   ----------    -------------------
<S>                                <C>          <C>            <C>          <C>           <C>

Revenues                           $   60,000   $     -        $   86,301   $      -      $            86,301

Operating Expenses
General and administrative             23,817         -            62,810          -                   62,810
Professional                           10,000         -            20,000          -                   20,000
                                   ----------   ----------     ----------   ----------    -------------------
Total Operating Expenses               33,817         -            82,810          -                   82,810

Income (Loss) from Operations          26,183         -             3,491          -                    3,491

Other Expense
Interest expense, net                   4,271         -             5,336          -                    5,336
                                   ----------   ----------     ----------   ----------    -------------------
Total Other Expense                     4,271         -             5,336          -                    5,336
                                   ----------   ----------     ----------   ----------    -------------------

Net Income (Loss)                  $   21,912   $     -        $   (1,845)  $      -      $            (1,845)
                                   ==========   ==========     ==========   ==========    ===================

Comprehensive Income
Unrealized gains on
  available-for-sale securities       725,000         -           725,000          -                  725,000
                                   ----------   ----------     ----------   ----------    -------------------

Total Comprehensive Income (Loss)  $  746,912   $     -        $  723,155   $      -      $           723,155
                                   ==========   ==========     ==========   ==========    ===================

Net Loss Per Share
   - Basic and Diluted             $     0.01   $    (0.00)    $    (0.00)  $    (0.00)   $             (0.00)
                                   ==========   ==========     ==========   ==========    ===================

Weighted Average Shares             2,275,000      825,000      2,275,000      825,000              2,275,000
                                   ==========   ==========     ==========   ==========    ===================
</TABLE>





            See accompanying notes to financial statements.


<PAGE>    4



                        Nortia Capital Partners, Inc.
                    (f/k/a BF Acquisition Group I, Inc.)
                        (A Development Stage Company)
                          Statements of Cash Flows
                                 (Unaudited)

<TABLE>
<CAPTION>
                                                                                  Period from
                                                                                  May 1, 2003
                                                     Nine Months Ended           (Inception of
                                                         January 31,           Development Stage)
                                                     2004         2003        to January 31, 2004
                                                  ----------   ----------     -------------------
<S>                                               <C>          <C>            <C>
Cash Flows From Operating Activities:
Net loss                                          $   (1,845)  $    -         $            (1,845)
Adjustments to reconcile net loss to net cash
used in operations:
 Debentures issued for legal services                  5,000        -                       5,000
Changes in operating assets and liabilities:
  Increase in accounts receivable                    (86,301)       -                     (86,301)
  Decrease in prepaid expenses                           540        -                         540
  Increase in accounts payable                         6,000        -                       6,000
  Increase in due to related party                     1,113        -                       1,113
  Increase in accrued expenses                         1,042        -                       1,042
                                                  ----------   ----------     -------------------
Net Cash Used In Operating Activities                (74,451)       -                     (74,451)
                                                  ----------   ----------     -------------------

Cash Flows From Investing Activities:
                                                  ----------   ----------     -------------------
Net Cash Used In Investing Activities                   -           -                        -
                                                  ----------   ----------     -------------------

Cash Flows From Financing Activities:
  Proceeds from issuance of debebtures               147,000        -                     147,000
                                                  ----------   ----------     -------------------
Net Cash Provided By Financing Activities            147,000        -                     147,000
                                                  ----------   ----------     -------------------

Net Increase in Cash                                  72,549        -                      72,549
Cash at Beginning of Period                             -           -                        -
                                                  ----------   ----------     -------------------
Cash at End of Period                             $   72,549   $    -         $            72,549
                                                  ==========   ==========     ===================

Cash interest paid                                $     -      $    -         $              -
                                                  ==========   ==========     ===================

Supplemental Disclosure of Non-Cash Transactions:
Debentures issued for available-for-sale
  securities                                      $   75,000   $    -         $              -
Exchange of accounts receivable for
  available-for-sale securities                       60,000        -                      60,000
Unrealized gains on available-for-sale securities    725,000        -                     725,000

</TABLE>


            See accompanying notes to financial statements.


<PAGE>    5


                   Nortia Capital Partners, Inc.
               (f/k/a BF Acquisition Group I, Inc.)
                  (A Development Stage Company)
                  Notes to Financial Statements
                        January 31, 2004


Note 1   Basis of Presentation
------------------------------

The accompanying unaudited consolidated financial statements have
been prepared in accordance with accounting principles generally
accepted in the United States of America of America and the rules
and regulations of the United States of America Securities and
Exchange Commission for interim consolidated financial
information.  Accordingly, they do not include all the
information and footnotes necessary for a comprehensive
presentation of consolidated financial position and results of
operations.

It is management's opinion, however, that all material
adjustments (consisting of normal recurring adjustments and
certain non-recurring adjustments) have been made which are
necessary for a fair financial statement presentation.  The
results for the interim period are not necessarily indicative of
the results to be expected for the year.

For further information, refer to the audited financial
statements and footnotes of the Company for the year ending April
30, 2003 included in the Company's Form 10-KSB.

Note 2   Nature of Operations and Summary of Significant
         Accounting Policies
--------------------------------------------------------

Nature of Operations

Nortia Capital Partners, Inc. (f/k/a BF Acquisition Group I,
Inc.) ("Nortia", "the Company", "we", "us") is a publicly held
company that during the period covered by this report is in the
development stage since it has not generated significant revenue
and not implemented its business plan.

We were organized as BF Acquisition Group I, Inc. under the laws
of the State of Florida on April 15, 1999, as a "shell" company
with plans to seek business partners or acquisition candidates.
Due to capital constraints, however, we were unable to continue
with our business plan.  In March 2001, we ultimately ceased our
business activities and became dormant through May 2003, whereby
we incurred only minimal administrative expenses.

During June 2003, we engaged present management, began to raise
additional capital, and initiated activities to re-establish our
business. During our fiscal quarterly period ending July 31,
2003, we re-entered the development stage.  During the
development stage, we have raised additional capital and
commenced preparations to implement our business plan.

Prior to the issuance of this Form 10-QSB, we have not filed in a
timely manner our required reports with the Securities and
Exchange Commission ("SEC") for the quarterly periods ended July
31, 2003, October 31, 2003, January 31, 2004, July 31, 2004 and
the annual report on form 10-KSB for the period ended April 30,
2004.  No provision has been recorded in the accompanying
financial statements for the cost of actions, if any, that may be
taken by the SEC against the Company for its non-compliance
during this period (See Note 5 - Commitments and Contingencies).

Effective August 2, 2004, the Company changed its name to Nortia
Capital Partners, Inc.


<PAGE>    6


                   Nortia Capital Partners, Inc.
               (f/k/a BF Acquisition Group I, Inc.)
                  (A Development Stage Company)
                  Notes to Financial Statements
                        January 31, 2004



In September 2004, our Company issued Company Common Stock
certificates to respective shareholders representing 3,330,000
shares of previously authorized but unissued shares of our Common
Stock (See Note 9 - Subsequent Events).

Significant Accounting Policies

Accounting Estimates

When preparing financial statements in conformity with U.S. GAAP, our
management must make estimates based on future events which affect the
reported amounts of assets and liabilities, the disclosure of contingent
assets and liabilities as of the date of the financial statements, and
revenues and expenses during the reporting period.  Actual results could
differ from these estimates.  Significant estimates in the accompanying
financial statements include the evaluation of a beneficial conversion
feature for debentures, valuation of the fair value of financial
instruments and the recognition of deferred tax assets and liabilities.

Cash and Cash Equivalents

Cash and cash equivalents include all highly liquid investments with a
maturity date of three months or less when purchased.

Beneficial Conversion Feature in Debentures

In accordance with EITF Issue 98-5, as amended by EITF 00-27, we
must evaluate the potential effect of any beneficial conversion
terms related to convertible instruments such as convertible debt or
convertible preferred stock.  The Company has issued several
debentures and a beneficial conversion may exist if the holder, upon
conversion, may receive instruments that exceed the value of the
convertible instrument.  Valuation of the benefit is determined
based upon various factors including the valuation of equity
instruments, such as warrants, that may have been issued with the
convertible instruments, conversion terms, value of the instruments
to which the convertible instrument is convertible, etc.
Accordingly, the ultimate value of the beneficial feature is
considered an estimate due to the partially subjective nature of
valuation techniques.

Fair Value of Financial Instruments

We define the fair value of a financial instrument as the amount at
which the instrument could be exchanged in a current transaction
between willing parties. The carrying value of accounts payable and
accrued liabilities approximates fair value because of the short
maturity of those instruments. The estimated fair value of our other
obligations is estimated based on the current rates offered to us
for similar maturities.  Based on prevailing interest rates and the
short-term maturity of all of our indebtedness, management believes
that the fair value of our obligations approximates book value at
January 31, 2004.

Revenue Recognition

The Company recognizes revenues in accordance with the guidance in
the Securities and Exchange Commission Staff Accounting Bulletin
104. Revenue is recognized when persuasive evidence of an
arrangement exists, as services are provided over the term of a
service contract, and when collection of the fixed or determinable
selling price is reasonable assured.  The Company follows EITF 00-8


<PAGE>    7


                   Nortia Capital Partners, Inc.
               (f/k/a BF Acquisition Group I, Inc.)
                  (A Development Stage Company)
                  Notes to Financial Statements
                        January 31, 2004



"Accounting by a Grantee for an Equity Instrument to be Received in
Conjunction with Providing Goods or Services" when determining the
measurement date to value securities received for services.

Income Taxes

Income taxes are accounted for under the asset and liability method
of Statement of Financial Accounting Standards No. 109, "Accounting
for Income Taxes ("SFAS 109")."  Under SFAS 109, deferred tax assets
and liabilities are recognized for the future tax consequences
attributable to differences between the financial statement carrying
amounts of existing assets and liabilities and their respective tax
bases.  Deferred tax assets and liabilities are measured using
enacted tax rates expected to apply to taxable income in the years
in which those temporary differences are expected to be recovered or
settled.  Under SFAS 109, the effect on deferred tax assets and
liabilities of a change in tax rates is recognized in income in the
period that includes the enactment date.

Concentration

All revenue for the three and nine months ended January 31, 2004 and
accounts receivable at January 31, 2004 are derived from one
customer.

Comprehensive Income

Comprehensive income includes net income (loss) as currently
reported by the Company adjusted for other comprehensive income.
Other comprehensive income for the Company consists of unrealized
gains related to the Company's equity securities accounted for as
available-for-sale with changes in fair value recorded through
stockholders' equity

3.     GOING CONCERN

As reflected in the accompanying financial statements, the Company
has a net loss of $1,845 and net cash used in operations of $74,451
for the nine months ended January 31, 2004, and a deficit
accumulated during the development stage of $1,845 at January 31,
2004.  Additionally, the Company is in default of $37,500 of
Debentures as of August 31, 2004 (see Note 9 - Subsequent Events).
During the nine months ended January 31, 2004, the Company recorded
other comprehensive income of $725,000, comprised of unrealized
gains on available-for-sale securities.  However, as discussed in
Note 7 - Subsequent Events, this temporary gain for the period ended
January 31, 2004 would be significantly lower based upon the current
stock price of the securities comprising this gain. Subsequently, in
June and July of 2004, we transferred 7,500 and sold 97,500 shares,
representing all of the available-for-sale securities-current at
April 30, 2004.  As a result, the Company received $14,405 of
proceeds and will recognize a $64,738 loss on the sale of the
securities (See Note 9 - Subsequent Events).


<PAGE>    8


                   Nortia Capital Partners, Inc.
               (f/k/a BF Acquisition Group I, Inc.)
                  (A Development Stage Company)
                  Notes to Financial Statements
                        January 31, 2004



The ability of the Company to continue as a going concern is
dependent on the Company's ability to further implement its business
plan, raise capital, and generate revenues.  The financial
statements do not include any adjustments that might be necessary if
the Company is unable to continue as a going concern.

We expect to derive our revenues through direct investments into
private companies, start-up companies, and through the opportunities
provided by turnaround companies. We also intend to invest in the
commercial real estate market. Additionally, we will provide fee
based business expertise through in-house consultants and contract
consultants. To date, our planned principal operations have not yet
commenced, and management is devoting most of its efforts to general
business planning, raising capital, and developing business
opportunities.

The time required for us to become profitable from operations is
highly uncertain, and we cannot assure you that we will achieve or
sustain operating profitability or generate sufficient cash flow to
meet our planned capital expenditures, working capital and debt
service requirements. If required, our ability to obtain additional
financing from other sources also depends on many factors beyond our
control, including the state of the capital markets and the
prospects for our business. The necessary additional financing may
not be available to us or may be available only on terms that would
result in further dilution to the current owners of our common
stock.

We cannot assure you that we will generate sufficient cash flow from
operations or obtain additional financing to meet scheduled debt
payments and financial covenants.  If we fail to make any required
payment under the agreements and related documents governing our
indebtedness or fail to comply with the financial and operating
covenants contained in them, we would be in default.  The financial
statements do not include any adjustments to reflect the possible
effects on recoverability and classification of assets or the
amounts and classification of liabilities which may result from the
inability of the Company to continue as a going concern.

4.     INVESTMENTS

The following is a summary of the investments in available-for-sale
securities classified as current assets at January 31, 2004:

<TABLE>
<CAPTION>
Available-for-Sale                       Gross               Gross           Estimated Fair
 Securities:              Cost      Unrealized Gains    Unrealized Losses        Value
------------------        -------   ----------------    -----------------    --------------
<S>                       <C>       <C>                 <C>                  <C>

Equity securities         $75,000      $140,000              $ 0               $ 215,000
                          =======      ========              ===               =========
</TABLE>


In November 2003, we issued $75,000 of debentures in exchange for
100,000 shares of freely trading common stock in the same publicly
held company discussed above.  In accordance with FAS 115, we
recorded the 100,000 shares of common stock as "available-for-sale"
securities, a current asset and the resulting $140,000 unrealized
gain has been classified as a separate component of stockholders'
equity - accumulated other comprehensive income.


<PAGE>    9


                   Nortia Capital Partners, Inc.
               (f/k/a BF Acquisition Group I, Inc.)
                  (A Development Stage Company)
                  Notes to Financial Statements
                        January 31, 2004

The following is a summary of the investments in available-for-sale
securities classified as non-current assets at January 31, 2004:

<TABLE>
<CAPTION>
Available-for-Sale                       Gross               Gross           Estimated Fair
 Securities:              Cost      Unrealized Gains    Unrealized Losses        Value
------------------        -------   ----------------    -----------------    --------------
<S>                       <C>       <C>                 <C>                  <C>

Equity securities         $60,000      $585,000              $ 0               $ 645,000
                          =======      ========              ===               =========
</TABLE>


In September 2003, we entered into a consulting contract with a
publicly traded company (See Note 5 - Debentures and Note 9 -
Subsequent Events).  We are providing consulting services to this
company in exchange for $240,000 to be paid to us in the form of one
million two hundred thousand (1,200,000) restricted shares of their
common stock, valued at $0.20 per share.  The term of the consulting
agreement is for twelve (12) months and the common stock will be
earned and payable on a quarterly basis.  In January 2004, we
received three hundred thousand (300,000) shares as compensation for
services and have accounted for $86,301 of consulting fees earned
during the nine months ended January 31, 2004 as revenue, pro-rata
over the contract term in accordance with EITF 00-8 "Accounting by a
Grantee for an Equity Instrument to be Received in conjunction with
Providing Goods or Services".  In accordance with FAS 115
"Accounting for Certain Investments in Debt and Equity Securities",
we recorded the restricted shares as "available-for-sale"
securities, a non-current asset and the resulting unrealized gain of
$585,000 has been classified as a separate component of
stockholders' equity - accumulated other comprehensive income.

5.     DEBENTURES

From May 2003 through January of 2004, we received $147,000 of cash
proceeds from the issuance of debentures to several parties (See
Note 9 - Subsequent Events).  The debenture terms are interest at
ten percent (10%) per annum, payable in twelve (12) months from the
date of the debenture and include a five percent (5%) penalty for
any event of default.  Additionally, the debenture holders may be
granted the option of converting the debenture into common stock of
the Company at an exchange rate of twenty-five cents ($0.25) per
share.

We have evaluated the debenture to determine if a beneficial
conversion feature exists in accordance with EITF 98-5, as amended
by EITF 0027.  We have determined that the debentures are not a
convertible instrument in that the potential conversion feature
outlined in the debentures is not binding.

In November 2003, we issued $75,000 of debentures in exchange for
100,000 shares of freely trading common stock in a publicly held
company (see Note 4 - Investments)


<PAGE>    10


                   Nortia Capital Partners, Inc.
               (f/k/a BF Acquisition Group I, Inc.)
                  (A Development Stage Company)
                  Notes to Financial Statements
                        January 31, 2004


In January 2004, we issued a $5,000 debenture to a third party for
legal services.  We accounted for the issuance as legal expense in
the accompanying statement of operations.

At January 31, 2004, we had $227,000 of debentures outstanding (See
Note 9 - Subsequent Events).

6.     STOCKHOLDERS' DEFICIENCY

Capital Structure

We are authorized to issue up to 50,000,000 shares of our common
stock, $0.001 par value per share, of which 2,275,000 were issued
and outstanding at January 31, 2004.  The holders of the common
stock do not have any preemptive right to subscribe for, or
purchase, any shares of any class of stock.

We are authorized to issue up to 5,000,000 shares of our preferred
stock, $0.001 par value per share, of which none were issued and
outstanding at January 31, 2004.  Our preferred stock is commonly
referred as a "blank check preferred stock" as the Board of
Directors is authorized to establish the number of shares to be
included in each class or series and the preferences, limitations
and relative rights of each class or series, which may include a
conversion feature into common stock.

There was no change in our ownership structure for the quarterly
period ended January 31, 2004 (See Note 9 - Subsequent Events).

7.     COMMITMENTS AND CONTINGENCIES

From time to time we may become subject to proceedings, lawsuits and
other claims in the ordinary course of business including
proceedings related to environmental and other matters.  Such
matters are subject to many uncertainties, and outcomes are not
predictable with assurance.
As described in Note 2, we did not file any of the reports with the
SEC as required of SEC registrants. No provision has been made in
the accompanying financial statements for the cost of actions, if
any, that may be taken by the SEC against the Company for its non-
compliance during this period.

8.     RELATED PARTY TRANSACTIONS
At April 30, 2003, we had an accounts payable in the amount of
$3,113 to a shareholder/director who directly paid certain expenses
of the Company and these were non-interest bearing and do not have
any repayment terms. During the three months ended July 31, 2003, we
repaid $2,000 of these advances and at January 31, 2004, $1,113 is
included in due to related party on the accompanying balance sheet.
See Note 9 - Subsequent Events for other related party transactions.


<PAGE>    11


                   Nortia Capital Partners, Inc.
               (f/k/a BF Acquisition Group I, Inc.)
                  (A Development Stage Company)
                  Notes to Financial Statements
                        January 31, 2004


9.     SUBSEQUENT EVENTS

From February through March 2004, we received $22,000 of cash
proceeds from the issuance of debentures.  As of April 30, 2004, we
had $250,000 of debentures outstanding.

In March 2004, we appointed a new Chief Financial Officer ("CFO")
and a director of the Company.  The CFO will be compensated in the
form of one million (1,000,000) shares of Common Stock of the
Company.  Additionally, the CFO will be compensated one hundred
fifty thousand (150,000) shares of Common Stock of the Company for
director services.  In total, one million one hundred fifty thousand
(1,150,000) shares of Common Stock were granted to the CFO and will
be valued at on the grant date and expenses immediately as
compensation expense as there was no formal employment agreement or
stated term.

In March 2004, we granted one million (1,000,000) shares of Common
Stock of the Company to our President as a bonus for his services as
the President of the Company. The shares are valued on the grant
date and recognized as compensation expense.

In May 2004, we entered into a consulting agreement with a third
party whereby the consultant will provide corporate business
development and consulting services for us.  The term of the
agreement is twenty-four (24) months and consultant will receive a
total of two hundred forty thousand (240,000) shares of the Common
Stock of the Company.  One hundred twenty thousand (120,000) shares
were granted upon the execution of the agreement and the remaining
shares will be earned at the rate of 5,000 shares monthly and issued
on a quarterly basis.

In May 2004, we transferred 7,500 of our available-for-sale
securities to a third party for payment of public relations services
for another publicly held company, the company mentioned previously
that we have an investment in and a consulting agreement with.  The
fair market value of the stock on the transfer date was $0.28 per
share or $2,100 and the Company will record this amount as general
and administration expense and record a $3,525 loss on the disposal
of the securities.

In June 2004, we appointed our then President as the Chief Executive
Officer and the Chairman of the Board.

In June 2004, we appointed a new President and a director of the
Company.    The President will be compensated in the form of one
million (1,000,000) shares of Common Stock of the Company.
Additionally, the President will be compensated one hundred fifty
thousand (150,000) shares of Common Stock of the Company for
director services.  In total, one million one hundred fifty thousand
(1,150,000) shares of Common Stock were granted to the President in
June 2004 and valued on the grant date to be recognized immediately
as compensation expense as there was no formal employment agreement
or stated term.

In June and July of 2004, we sold 97,500 shares representing all of
the remaining available-for-sale securities-current at April 30,
2004.  As a result, the Company received $14,405 of proceeds and
will recognize a $61,213 loss on the sale of the securities.

In July 2004, our Chief Executive Officer and Chairman of the Board,
was elected President and a director of another publicly held
company, the company mentioned previously that we have an investment
in and a consulting agreement with.  Additionally, our President and
a director was also elected Chief Executive Officer and a director
of this other publicly held company, thereby making this investment,
an investment in affiliate commencing July 2004.



<PAGE>    12


                   Nortia Capital Partners, Inc.
               (f/k/a BF Acquisition Group I, Inc.)
                  (A Development Stage Company)
                  Notes to Financial Statements
                        January 31, 2004


As of August 31, 2004, $37,500 of the Debentures discussed
previously are in default as the term was for one (1) year. The
debenture provisions include a penalty of five percent (5%) for any
default that occurs and this would total $1,875.  The Company is in
discussions with the debenture holders concerning the default.


On August 2, 2004, the Company amended its Articles of Incorporation
officially changing the name of the Company from BF Acquisition
Group I, Inc. to Nortia Capital Partners, Inc.

In August and September of 2004, we received $180,000 of proceeds
from the issuance of Debentures.

In September 2004, our Company issued Company Common Stock
certificates to respective shareholders representing 3,330,000
shares of previously authorized but unissued shares of our Common
Stock.















<PAGE>    13


Item 2.  Management's Plan of Operation.

                            Overview

The   following  discussion  "Management's  Plan  of   Operation"
contains  forward-looking  statements.  The  words  "anticipate,"
"believe,"  "expect,"  "plan," "intend,"  "estimate,"  "project,"
"will,"  "could," "may" and similar expressions are  intended  to
identify forward-looking statements. Such statements reflect  our
current  views  with  respect  to  future  events  and  financial
performance  and involve risks and uncertainties. Should  one  or
more   risks   or  uncertainties  occur,  or  should   underlying
assumptions  prove incorrect, actual results may vary  materially
and   adversely  from  those  anticipated,  believed,   expected,
planned,  intended, estimated, projected or otherwise  indicated.
We  caution  you  not to place undue reliance on  these  forward-
looking  statements, which we have made as of the  date  of  this
Quarterly Report on Form 10-QSB.

The following is qualified by reference to, and should be read in
conjunction    with   our   financial   statements    ("Financial
Statements"), and the notes thereto, included elsewhere  in  this
Form  10-QSB,  as well as the discussion hereunder  "Management's
Plan of Operation".

                        Plan Of Operation

      Effective  August  2, 2004, Nortia Capital  Partners,  Inc.
(f/k/a  BF  Acquisition Group I, Inc.) ("Nortia", the  "Company",
"we", "us") changed its name from BF Acquisition Group I, Inc. to
Nortia Capital Partners, Inc.

     Our  Company  was initially organized as a "shell"  company,
with  plans  to seek business partners or acquisition candidates;
however,  due to capital constraints, we were unable to  continue
with  our business plan. In March 2001, we ultimately ceased  our
business activities and became dormant through May 2003,  whereby
we  incurred  only minimal administrative expenses.  During  June
2003,   we  brought  in  present  management,  raised  additional
capital, and initiated activities to re-establish our business.

     Prior to the issuance of this Form 10-QSB, we have not filed
in  a timely manner our required reports with the Securities  and
Exchange Commission ("SEC") for the quarterly periods ended  July
31,  2003, October 31, 2003, January 31, 2004, July 31, 2004  and
the  annual report on form 10-KSB for the period ended April  30,
2004.   No  provision  has  been  recorded  in  the  accompanying
financial statements for the cost of actions, if any, that may be
taken  by  the  SEC  against the Company for  its  non-compliance
during this period.

     During our fiscal quarterly period ending July 31, 2003,  we
re-entered the development stage. At that time present management
raised capital and commenced preparations to register our Company
as  a  "Business Development Company" ("BDC") with the Securities
and Exchange Commission whereby we will be regulated pursuant  to
the requirements of the Investment Company Act of 1940. As of the
date  hereof, we have not yet registered as a BDC. As a  BDC,  we
expect  to  derive  our revenues through direct investments  into
private   companies,   start-up  companies,   and   through   the
opportunities provided by turn around companies.  We also  intend
to  invest in the commercial and residential real estate  market.
Additionally,  we  will  provide  fee  based  business  expertise
through  in-house consultants and contract consultants. To  date,
our  planned principal BDC operations have not yet commenced, and
management  is  devoting most of its efforts to general  business


<PAGE>    14


planning, raising capital, and developing business opportunities.

     As described above, we were dormant for a period of time due
to  the lack of capital. We incurred a loss from operations,  and
presently  do not have sufficient revenues to cover our  incurred
expenses.  Our  management  recognizes  that  we  must   generate
additional resources to enable us to pay our obligations as  they
come  due, and that we must ultimately implement our BDC business
plan  and  achieve profitable operations.  We cannot  assure  you
that  we  will be successful in any of these activities.   Should
any  of  these events not occur, our financial condition will  be
materially adversely affected.

     Presently,  our Company expects to meet its current  capital
requirements for the next twelve months pursuant to a combination
of  third  party  loans  made to our Company  and  from  revenues
derived from the commencement of our business operations.

OVERVIEW OF COMPANY.

Since  its  inception, the Company has suffered recurring  losses
from  operations and has been dependent on existing  stockholders
and  new  investors to provide the cash resources to sustain  its
operations.   We  have  had and could have losses,  deficits  and
deficiencies  in  liquidity, which could impair  our  ability  to
continue  as  a  going  concern. Our  independent  auditors  have
indicated,  in their audit opinion for the year ended  April  30,
2003  and  April 30, 2002, that certain factors raise substantial
doubt  about our ability to continue as a going concern and these
continuing  factors are discussed in note 3 to  our  accompanying
January   31,  2004  interim  financial  statements.  Since   its
inception,  the  Company  has  suffered  recurring  losses   from
operations  and  has been dependent on existing stockholders  and
new  investors  to  provide  the cash resources  to  sustain  its
operations.

We  have continually incurred net losses and this has resulted in
an  accumulated deficit and stockholders' deficiency  at  January
31,  2004.  We  had  a net loss of $1,845 and net  cash  used  in
operations of $74,451 for the nine months ended January 31, 2004,
and  a deficit accumulated during the development stage of $1,845
at  January 31, 2004.  Additionally, the Company is in default of
$37,500  of  Debentures as of August 31, 2004.   During  the  six
months  ended  January  31,  2004,  the  Company  recorded  other
comprehensive  income of $725,000, comprised of unrealized  gains
on  available-for-sale securities.  However, this temporary  gain
for  the  period  ended January 31, 2004 would  be  significantly
lower  based  upon  the  current stock price  of  the  securities
comprising this gain.  Subsequently, in June and July of 2004, we
transferred 7,500 and sold 97,500 shares, representing all of the
available-for-sale securities-current at April 30,  2004.   As  a
result,  the  Company  received  $14,405  of  proceeds  and  will
recognize a $64,738 loss on the sale of the securities.

The  Company  is  in  the development stage and  the  ability  to
continue as a going concern is dependent on the Company's ability
to  further  implement  its  business plan,  raise  capital,  and
generate  revenues.  The financial statements do not include  any
adjustments that might be necessary if the Company is  unable  to
continue as a going concern

The   time  required  for  us  to  become  profitable  is  highly
uncertain,  and  we  cannot assure you that we  will  achieve  or
sustain  profitability  or  generate sufficient  cash  flow  from
operations  to  meet  our planned capital  expenditures,  working
capital  and debt service requirements. If required, our  ability
to obtain additional financing from other sources also depends on
many  factors  beyond our control, including  the  state  of  the



<PAGE>    15


capital markets and the prospects for our business. The necessary
additional  financing  may  not be available  to  us  or  may  be
available only on terms that would result in further dilution  to
the current owners of our common stock.

The Company's long-term viability as a going concern is dependent
on certain key factors, as follows:

  -  The  Company's ability to continue to obtain  sources  of
     outside financing to support near term operations and to allow
     the Company to continue to make investments

  -  The Company's ability to increase profitability and sustain
     a  cash  flow level that will ensure support for  continuing
     operations.


RECENT DEVELOPMENTS

From  February  through March 2004, we received $22,000  of  cash
proceeds from the issuance of debentures.  As of April 30,  2004,
we had $250,000 of debentures outstanding.

In March 2004, we appointed a new Chief Financial Officer ("CFO")
and  a  director of the Company.  The CFO will be compensated  in
the form of one million (1,000,000) shares of Common Stock of the
Company.   Additionally, the CFO will be compensated one  hundred
fifty  thousand (150,000) shares of Common Stock of  the  Company
for  director services.  In total, one million one hundred  fifty
thousand (1,150,000) shares of Common Stock were granted  to  the
CFO and valued on the grant date to be recognized immediately  as
compensation expense as there was no formal employment  agreement
or stated term.

In  March  2004,  we  granted one million (1,000,000)  shares  of
Common  Stock of the Company to our President as a bonus for  his
services  as the President of the Company. The shares are  valued
on the grant date and recognized as compensation expense.

In  May 2004, we entered into a consulting agreement with a third
party  whereby  the  consultant will provide  corporate  business
development  and  consulting services for us.  The  term  of  the
agreement is twenty-four (24) months and consultant will  receive
a  total  of two hundred forty thousand (240,000) shares  of  the
Common  Stock  of  the  Company.   One  hundred  twenty  thousand
(120,000) shares were granted upon the execution of the agreement
and  the  remaining shares will be earned at the  rate  of  5,000
shares monthly and issued on a quarterly basis.

In  June  2004,  we  appointed our then President  as  the  Chief
Executive Officer and the Chairman of the Board.

In  June 2004, we appointed a new President and a director of the
Company.    The President will be compensated in the form of  one
million  (1,000,000)  shares  of Common  Stock  of  the  Company.
Additionally, the President will be compensated one hundred fifty
thousand  (150,000)  shares of Common Stock of  the  Company  for
director  services.   In  total, one million  one  hundred  fifty
thousand (1,150,000) shares of Common Stock were granted  to  the
President  in  June  2004 and valued on  the  grant  date  to  be
recognized  immediately as compensation expense as there  was  no
formal employment agreement or stated term.

In  July  2004, our Chief Executive Officer and Chairman  of  the
Board,  was elected President and a director of another  publicly
held  company, the company mentioned previously that we  have  an



<PAGE>    16


investment in and a consulting agreement with.  Additionally, our
President and a director was also elected Chief Executive Officer
and  a  director  of  this other publicly held  company,  thereby
making  this  investment, an investment in  affiliate  commencing
July 2004.

As  of  August  31,  2004,  $37,500 of the  Debentures  discussed
previously are in default as the term was for one (1)  year.  The
debenture provisions include a penalty of five percent  (5%)  for
any default that occurs and this would total $1,875.  The Company
is  in  discussions  with  the debenture holders  concerning  the
default.

On   August  2,  2004,  the  Company  amended  its  Articles   of
Incorporation officially changing the name of the Company from BF
Acquisition Group I, Inc. to Nortia Capital Partners, Inc.

In August and September of 2004, we received $180,000 of proceeds
from the issuance of Debentures.

In  September  2004,  our  Company issued  Company  Common  Stock
certificates  to  respective shareholders representing  3,330,000
shares of previously authorized but unissued shares of our Common
Stock.


CRITICAL ACCOUNTING ESTIMATES AND POLICIES

The  methods, estimates and judgment we use in applying our  most
critical  accounting policies have a significant  impact  on  the
results  we  report in our financial statements.  The  Securities
and  Exchange Commission has defined the most critical accounting
policies as the ones that are most important to the portrayal  of
our  financial condition and results, and require us to make  our
most difficult and subjective judgments, often as a result of the
need  to make estimates of matters that are inherently uncertain.
Based  upon this definition, our most critical estimates  include
going  concern,  the  evaluation  of  the  beneficial  conversion
feature  in  debentures  and  investments  in  available-for-sale
securities.   We  also  have other key accounting  estimates  and
policies, but we believe that these other policies either do  not
generally require us to make estimates and judgments that are  as
difficult or as subjective, or it is less likely that they  would
have a material impact on our reported results of operations  for
a  given  period.  For additional information see Note 3 "Summary
of Significant Accounting Policies" in the notes to our unaudited
financial statements contained in our quarterly report on Form 10-
QSB for the quarterly period ended January 31, 2004.  Although we
believe  that our estimates and assumptions are reasonable,  they
are  based upon information presently available.  Actual  results
may differ significantly from these estimates.

GOING CONCERN

The independent auditors' reports to our financial statements for
the  year  ended  April 30, 2003 and April 30, 2002,  include  an
emphasis  paragraph  in addition to their audit  opinion  stating
that  our  recurring losses from operations and lack of  revenues
raise  substantial doubt about our ability to continue as a going
concern.  Our financial statements do not include any adjustments
to   reflect   the   possible  effects  on   recoverability   and
classification  of  assets or the amounts and  classification  of
liabilities that may result from our inability to continue  as  a
going concern.



<PAGE>    17


EVALUATION OF BENEFICIAL CONVERSION FEATURE IN DEBENTURES

In  accordance with EITF Issue 98-5, as amended by EITF 00-27, we
must  evaluate the potential effect of any beneficial  conversion
terms related to convertible instruments such as convertible debt
or  convertible preferred stock.  The Company has issued  several
debentures  and a beneficial conversion may exist if the  holder,
upon conversion, may receive instruments that exceed the value of
the   convertible  instrument.   Valuation  of  the  benefit   is
determined based upon various factors including the valuation  of
equity  instruments, such as warrants, that may have been  issued
with the convertible instruments, conversion terms, value of  the
instruments  to which the convertible instrument is  convertible,
etc.   Accordingly, the ultimate value of the beneficial  feature
is  considered an estimate due to the partially subjective nature
of valuation techniques.

INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES

Investments in available-for-sale securities are accounted for in
accordance  with FAS 115 "Accounting for Certain  Investments  in
Debt  and  Equity Securities".  Per FAS 115, the  securities  are
stated  at  the lower of cost and market value and any difference
between  cost and market value is recorded as an unrealized  gain
or  loss  classified  as  a separate component  of  stockholders'
equity - accumulated other comprehensive income.



<PAGE>    18


RESULTS OF OPERATIONS

Financial Analysis of the Three and Nine Months Ended
January 31, 2004
-----------------------------------------------------

<TABLE>
<CAPTION>
                                    Three Months Ended          Nine Months Ended
                                        January 31,                 January 31,
                                    2004          2003         2004            2003
                                 ----------    ----------   ----------      ----------
<S>                              <C>           <C>          <C>             <C>

Revenues                         $   60,000    $   -        $   86,301      $    -

Operating Expenses
General and administrative           23,817        -            62,810           -
Professional                         10,000                     20,000           -
                                 ----------    ----------   ----------      ----------
Total Operating Expenses             33,817        -            82,810           -
                                 ----------    ----------   ----------      ----------

Income (Loss) from Operations         4,217        -             3,491           -

Other Expense
Interest expense, net                 4,271        -             5,336           -
                                 ----------    ----------   ----------      ----------
Total Other Expense                   4,271        -             5,336           -
                                 ----------    ----------   ----------      ----------

Net Income (Loss)                $   21,912    $   -        $   (1,845)     $    -

Comprehensive Income
Unrealized gains on
  available-for-sale securities     725,000        -           725,000           -
                                 ----------    ----------   ----------      ----------

Total Comprehensive Income
  (Loss)                         $  746,912    $   -        $  723,155      $    -
                                 ==========    ==========   ==========      ==========
</TABLE>


Revenues:
--------
Revenues  increased  $60,000, or 100% to $60,000  for  the  three
months  ended  January 31, 2004 from zero for  the  three  months
ended  January 31, 2003 and increased $86,301, or 100% to $86,301
for the nine months ended January 31, 2004 from zero for the nine
months ended January 31, 2003.  The increase in revenues for both
the  three and nine months ended January 31, 2004 was  due  to  a
consulting  contract with a publicly held company  where  we  are
providing  consulting services and both the $60,000  and  $86,301
represents the earned revenue from the contract.

Operating Expenses:
------------------
Operating expenses increased $33,817, or 100% to $33,817 for  the
three  months  ended  January 31, 2004 from zero  for  the  three
months  ended January 31, 2003 and increased $82,810, or 100%  to
$82,810 for the nine months ended January 31, 2004 from zero  for
the  nine  months  ended  January 31,  2003.   The  increase  was
primarily  the  result  of the Company entering  the  development
stage  effective April 1, 2003 as compared to being  dormant  for
the  comparable  period during the three and  nine  months  ended
January 31, 2003.



<PAGE>    19


Other Expense:
-------------
Other  expense increased $4,271, or 100% to $4,271 for the  three
months  ended  January 31, 2004 from zero for  the  three  months
ended  January 31, 2003 and increased $5,336, or 100%  to  $5,336
for the nine months ended January 31, 2004 from zero for the nine
months  ended  January 31, 2003. The increase  is  from  interest
expense on debentures issued during the nine months ended January
31,  2004  as  compared to none during the comparable  period  in
2003.

Comprehensive Income:
--------------------
Comprehensive income increased $725,000, or 100% to $725,000  for
the  three months ended January 31, 2004 from zero for the  three
months ended January 31, 2003 and increased $725,000, or 100%  to
$725,000 for the nine months ended January 31, 2004 from zero for
the  nine  months  ended  January  31,  2003.   The  increase  in
comprehensive  income for both the three and  nine  months  ended
January  31,  2004 was due to unrealized gains on  available-for-
sale securities.

Liquidity and Capital Resources

Cash was $72,549 at January 31, 2004 as compared to zero at April
30, 2003, and positive working capital was $73,148 at January 31,
2004  as compared to a working capital deficit of $5,007 at April
30,  2003.  The increase in cash was primarily the result of  the
Company  receiving  $147,000 of proceeds  from  the  issuance  of
debentures  during the nine months ended January 31,  2004.   The
increase in the positive working capital from a deficit at  April
30, 2003 was primarily the result of an increase in available-for-
sale securities.

Operating Activities:  Net cash used in operating activities  was
$74,451  for  the nine months ended January 31, 2004 while  there
were  no  cash  operating activities for the  nine  months  ended
January  31,  2003.   The  increase in cash  used  in  operations
resulted  primarily  due to the fact of an  $86,301  increase  in
accounts receivable from a consulting contract.

Investing   Activities:   There  were  no  investing  cash   flow
activities  during either the three or nine months ended  January
31, 2004 or January 31, 2003.

Financing   Activities:    Cash  flows  provided   by   financing
activities  was  $147,000 for the nine months ended  January  31,
2004  while there were no cash financing activities for the  nine
months ended January 31, 2003.   The increase in cash provided by
financing  activities  was  due  to  $147,000  of  cash  proceeds
received by the Company from the issuance of debentures.

SHORT-TERM DEBT

Our  short-term  debt  at  January  31,  2004  consisted  of  the
following:

Debentures:
----------

$227,000 Debentures, dated May 2003 through January 2004,
bearing interest at 10% per annum and due in 12 months     $ 227,000
                                                           =========


From  May  2003 through January of 2004, we received $147,000  of
cash proceeds from the issuance of debentures to several parties.
The  debenture terms are interest at ten percent (10%) per annum,



<PAGE>    20


payable in twelve (12) months from the date of the debenture  and
include a five percent (5%) penalty for any event of default.  As
previously discussed, we anticipate filing to become a BDC in the
near  future.   Upon  SEC  acceptance of our  BDC  election,  the
debenture  holders  may be granted the option of  converting  the
debenture into common stock of the Company at an exchange rate of
twenty-five cents ($0.25) per share.

In November 2003, we issued $75,000 of debentures in exchange for
100,000 shares of freely trading common stock in a publicly  held
company.

In  January  2004, we issued a $5,000 debenture to a third  party
for  legal  services.   We accounted for the  issuance  as  legal
expense in the accompanying statement of operations.

At January 31, 2004, we had $227,000 of debentures outstanding.

We  have  evaluated the debentures to determine if  a  beneficial
conversion  feature  exists  in accordance  with  EITF  98-5,  as
amended by EITF 0027.  We have determined that the debentures are
not  a  convertible  instrument in that the potential  conversion
feature outlined in the debentures is not binding.

Equity Financing

None

Liquidity

To  continue  with our business plan, we will require  additional
short-term working capital We cannot assure you that that we will
obtain  sufficient  proceeds, if any, and  borrowings  under  any
interim  financing we are able to secure will  be  sufficient  to
meet our projected cash flow needs.

Our  ability  to  obtain  additional financing  depends  on  many
factors  beyond our control, including the state of  the  capital
markets, the market price of our common stock, the prospects  for
our business and the approval by our stockholders of an amendment
to  our  certificate of incorporation increasing  the  number  of
shares  of common stock we are authorized to issue. The necessary
additional  financing  may  not be available  to  us  or  may  be
available only on terms that would result in further dilution  to
the  current  owners  of  our common  stock.  Failure  to  obtain
commitments for financing would have a material adverse effect on
our  business, results of operations and financial condition.  If
the financing we require to sustain our working capital needs  is
unavailable  or insufficient or we do not receive  the  necessary
financing, we may be unable to continue as a going concern.






<PAGE>    21



Contractual Obligations and Commercial Commitments

The  following  table  highlights, as of January  31,  2004,  our
contractual obligations and commitments by type and period:

                             Payments Due by Period
                             ----------------------

<TABLE>
<CAPTION>
                                           Less than                             After
Contractual Obligations          Total     1 year      1-3 years   4-5 years    5 years
-----------------------        --------    ---------   ---------   ---------   ---------
<S>                            <C>         <C>         <C>         <C>         <C>

Short-Term Debt:
---------------
Debentures                     $ 227,000   $  227,000  $       -   $       -   $       -
                               ---------   ----------  ---------   ---------   ---------
Total Short-Term Debt          $ 227,000   $  227,000  $       -   $       -   $       -
                               =========   ==========  =========   =========   =========
</TABLE>


Recent Accounting Developments

In  January 2003, the FASB issued FASB Interpretation No. 46 (FIN
46),   "Consolidation   of   Variable   Interest   Entities,   an
interpretation of ARB No. 51," which as an interpretation defines
when  and  who  consolidates  a "variable  interest  entity,"  or
"VIE."   This  new  consolidation model applies to  entities  (i)
where  the  equity investors (if any) do not have  a  controlling
financial  interest, or (ii) whose equity investment at  risk  is
insufficient   to   finance  that  entity's  activities   without
receiving  additional subordinated financial support  from  other
parties  and  requires additional disclosures for all enterprises
involved with the VIE.  FIN 46 is effective during 2003 depending
on  when the VIE is created.  We do not believe that the adoption
of  FIN  46  will  have  a significant impact  on  our  financial
position and results of operations.

In May 2003, the FASB issued SFAS No. 149; Amendment of Statement
133 on Derivative Instruments and Hedging Activities ("SFAS 149")
which provides for certain changes in the accounting treatment of
derivative  contracts.   SFAS  149  is  effective  for  contracts
entered  into or modified after June 30, 2003, except for certain
provisions that relate to SFAS No. 133 Implementation Issues that
have  been effective for fiscal quarters that began prior to June
15,  2003, which should continue to be applied in accordance with
their respective effective dates.  The guidance should be applied
prospectively.  The adoption of SFAS 149 did not have a  material
impact on the Company's financial position, results of operations
or liquidity.

In May 2003, the Financial Accounting Standards Board issued SFAS
No. 150 (SFAS 150), "Accounting for Certain Financial Instruments
with  Characteristics  of  Both  Liabilities  and  Equity."    It
establishes  standards for how an issuer classifies and  measures
certain  financial  instruments  with  characteristics  of   both
liabilities and equity. This standard is effective for  financial
instruments  entered into or modified after  May  31,  2003,  and
otherwise  is  effective at the beginning of  the  first  interim
period  beginning after June 15, 2003.  The adoption of  FAS  150
did  not have a significant impact on our financial position  and
results of operations.

2004 OUTLOOK

The  ability  to  invest  further will be  heavily  dependent  on
securing additional capital from investors or debt. There  is  no
assurance  that  additional  equity or  debt  financing  will  be
available on terms acceptable to Management.



<PAGE>    22



Item 3.     Controls and Procedures.

      As  of  the  date this report is filed, an  evaluation  was
performed under the supervision and with the participation of the
Company's principal executive officers and financial officers  of
the  effectiveness of the design and operation of  the  Company's
disclosure  controls and procedures (as such term is  defined  in
Rules  13a-15(e) and 15d-15(e) under the Exchange Act) as of  the
end  of  the period covered by this report. Prior to that period,
our  Company experienced significant capital constraints, and  we
ultimately  ceased  our business activities  and  became  dormant
through  May 2003. During the period covered by this report,  our
Company  was  unable  to comply with its Exchange  Act  reporting
requirements  because  no  accounting  work  was  completed,   no
financial  statements were prepared, and no audits were obtained.
The  evaluation  revealed  to the Company's  principal  executive
officers  and  financial officers that,  as  a  result  of  those
circumstances,  the  design  and  operation  of   the   Company's
disclosure controls and procedures were not effective as  of  the
end of the period covered by this report.

      As  of  the  date this report is filed, our  Company's  new
principal  executive officers and financial  officers  have  made
significant  changes in the Company's internal  controls  and  in
other  factors that could significantly affect internal  controls
subsequent to the date of the above-described evaluation  period.
In  particular,  the  Company has adopted  an  independent  audit
committee, has committed funds for legal and accounting work  and
the  preparation  of  financial statements and  audits,  and  has
brought the Company out of its dormant period as of May 2003, all
of  which enables our Company's principal executive officers  and
financial officers to maintain our Company as current pursuant to
its  Exchange Act reporting obligations and provide  our  Company
with an effective design and operation of disclosure controls and
procedures.

                             PART II
                        OTHER INFORMATION

Item 1.  Legal Proceedings

     Not Applicable

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

     Not Applicable

Item 3.  Defaults Upon Senior Securities

     Not Applicable

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

     Not Applicable

Item 5.  Other Information

     Not Applicable

Item 6.  Exhibits


Exhibit No.   Description of Exhibit
-----------   ----------------------
(4)
     4.1      Debenture  Agreement.  (Incorporated  by  reference  to
              Company's  Form 10-QSB for the quarterly  period  ended
              July 31, 2003 filed October 4, 2004.)

(31)
     31.1     Certification of the Chief Executive Officer of Nortia
              Capital Partners, Inc. pursuant to Section 302 of the
              Sarbanes-Oxley Act of 2002.

     31.2     Certification of the Chief Financial Officer of Nortia
              Capital Partners, Inc. pursuant to Section 302 of the
              Sarbanes-Oxley Act of 2002.
(32)
     32.1     Certification of the Chief Executive Officer of Nortia
              Capital Partners, Inc. pursuant to Section 906 of the
              Sarbanes-Oxley Act of 2002.

     32.2     Certification of the Chief Financial Officer of Nortia
              Capital Partners, Inc. pursuant to Section 906 of the
              Sarbanes-Oxley Act of 2002.




<PAGE>    23


                           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.

NORTIA CAPITAL PARTNERS, INC.


Registrant



By:/s/William Bosso
   -----------------------------------------
   William Bosso, Chief Executive Officer

Dated: October 8, 2004


By:/s/William Boss
   -----------------------------------------
   William Bosso, Chief Executive Officer

Dated: October 8, 2004


By:/s/Matthew T. Henninger
   -----------------------------------------
   Matthew T. Henninger, President


Dated: October 8, 2004


By:/s/Harrysen Mittler
   -----------------------------------------
   Harrysen Mittler, Chief Financial Officer

Dated: October 8, 2004




<PAGE>    24