<PAGE>

                   U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 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 September 30, 2003

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT FOR THE
     TRANSITION PERIOD FROM _________________ TO _________________

Commission file number : 000-26755

                                  ORETECH, INC.
        (Exact name of small business issuer as specified in its charter)

                   Nevada                                88-0409147
       (State or other jurisdiction of        (IRS Employer Identification No.)
       incorporation or organization)


                309 State Docks Road, Phenix City, Alabama 36869
               (Address of principal executive offices) (Zip Code)

                   (334) 297-0663 (Issuer's telephone number)

                                 Not applicable
              (Former name, former address and former fiscal year,
                         if changed since last report)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15 (d) of the Securities 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. Yes [X]
No [ ]

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE
PRECEDING FIVE YEARS:

Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13, or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes [ ] No [ ]

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 21, 2003, 32,687,188
shares of common stock, par value $.001, were issued and outstanding.

TRANSITIONAL SMALL BUSINESS DISCLOSURE FORMAT (CHECK ONE): Yes [ ] No [X]

<PAGE>

INDEPENDENT ACCOUNTANTS' REPORT


To the Board of Directors
  and Stockholders
Oretech, Inc. (formerly The Tantivy Group, Inc.) and Subsidiaries
(A Development Stage Company)
(A Nevada Corporation)
Phenix City, Alabama


         We have reviewed the accompanying consolidated balance sheet of
Oretech, Inc. (formerly The Tantivy Group, Inc.) and Subsidiaries (a development
stage company) as of September 30, 2003, the related consolidated statements of
operations, changes in stockholders' deficit, and cash flows for the three
months ended September 30, 2003, and for the period from June 11, 2001
(inception) to September 30, 2003. All information included in these
consolidated financial statements is the responsibility of the Oretech, Inc.'s
management.

         We conducted our review in accordance with standards established by the
American Institute of Certified Public Accountants. A review of interim
financial information consists principally of inquiries of Company personnel and
analytical procedures applied to the financial data. It is substantially less in
scope than an audit conducted in accordance with auditing standards generally
accepted in the United States of America, the objective of which is the
expression of an opinion regarding the financial statements taken as a whole.
Accordingly, we do not express such an opinion.

         Based on our review, we are not aware of any material modifications
that should be made to the accompanying consolidated financial statements in
order for them to be in conformity with accounting principles generally accepted
in the United States of America.

         The accompanying consolidated financial statements have been prepared
assuming Oretech, Inc. (formerly The Tantivy Group, Inc.) and Subsidiaries will
continue as a going concern. As discussed in Note F to the financial statements,
the Company has no present sources of revenue and has an accumulated deficit.
Accordingly there is substantial doubt about Oretech, Inc.'s ability to continue
as a going concern. Management's plans regarding this matter are described in
Note F. The financial statements do not include any adjustments that might
result from the outcome of this uncertainty.

         We have previously audited, in accordance with auditing standards
generally accepted in the United States of America, the consolidated balance
sheet of Oretech, Inc. (formerly The Tantivy Group, Inc.) and Subsidiaries (a
development stage company) as of June 30, 2003 (presented herein), and the
related consolidated statements of changes in stockholders' deficit, operations,
and cash flows for the year then ended (not presented herein); and in our report
dated October 12, 2003, we expressed an unqualified opinion on those
consolidated financial statements. In our opinion, the information set forth in
the accompanying balance sheet as of June 30, 2003 is fairly stated, in all
material respects. We have not performed any audit procedures subsequent to the
date of our report.


/s/ Rotenberg & Co., LLP

Rotenberg & Co., LLP
Rochester, New York
  November 12, 2003

<PAGE>

                ORETECH, INC. (FORMERLY THE TANTIVY GROUP, INC.)
                                AND SUBSIDIARIES
                          (A DEVELOPMENT STAGE COMPANY)
                              PHENIX CITY, ALABAMA

                     --------------------------------------
                                FINANCIAL REPORTS
                                       AT
                               SEPTEMBER 30, 2003
                     --------------------------------------

<PAGE>

<TABLE>
ORETECH, INC. (FORMERLY THE TANTIVY GROUP, INC.) AND SUBSIDIARIES
(A DEVELOPMENT STAGE COMPANY)
PHENIX CITY, ALABAMA


TABLE OF CONTENTS
----------------------------------------------------------------------------------------------------
<CAPTION>
<S>                                                                                    <C>
Consolidated Balance Sheets at September 30, 2003 (unaudited) and
  June 30, 2003                                                                            F - 1

Consolidated Statements of Changes in Stockholders' Deficit for the
  Period From Inception (June 11, 2001) through September 30,
  2003 (unaudited)                                                                         F - 2

Consolidated Statements of Operations for the Three Months Ended September 30,
  2003 and 2002 (unaudited) and for the Period from
  Inception (June 11, 2001) through September 30, 2003 (unaudited)                         F - 3

Consolidated Statements of Cash Flows for the Three Months Ended September 30,
  2003 and 2002 (unaudited) and for the Period from
  Inception (June 11, 2001) through September 30, 2003 (unaudited)                         F - 4

Notes to Consolidated Financial Statements                                             F - 5 - F - 6
</TABLE>

<PAGE>

<TABLE>
ORETECH, INC. (FORMERLY THE TANTIVY GROUP, INC.) AND SUBSIDIARIES
(A DEVELOPMENT STAGE COMPANY)
CONSOLIDATED BALANCE SHEETS


BALANCE SHEETS
-----------------------------------------------------------------------------------------------------
<CAPTION>

                                                                        (UNAUDITED)
                                                                       SEPTEMBER 30,       June 30,
                                                                            2003             2003
-----------------------------------------------------------------------------------------------------
<S>                                                                     <C>              <C>
ASSETS

CURRENT ASSETS
Cash and Cash Equivalents                                               $     5,466      $     3,306
Prepaid Expenses                                                            279,165          254,758
-----------------------------------------------------------------------------------------------------

TOTAL CURRENT ASSETS                                                        284,631          258,064

OTHER ASSETS
Note Receivable                                                              42,923           12,000
Property, Plant and Equipment - Net of Accumulated Depreciation               6,519               --
Mining Claims                                                               121,659          121,659
Goodwill                                                                    200,000          200,000
-----------------------------------------------------------------------------------------------------

TOTAL ASSETS                                                            $   655,732      $   591,723
=====================================================================================================

LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
Accounts Payable and Accrued Expenses                                   $   172,910      $   159,492
Accrued Compensation                                                        107,000               --
Notes Payable - Due Within One Year                                         204,502           72,701
Settlement Payable                                                          221,500          221,500
Liabilities from Discontinued Operations                                    633,488          633,488
-----------------------------------------------------------------------------------------------------

TOTAL CURRENT LIABILITIES                                                 1,339,400        1,087,181


OTHER LIABILITIES
Notes Payable - Due After One Year                                           87,562          149,789
-----------------------------------------------------------------------------------------------------

TOTAL LIABILITIES                                                         1,426,962        1,236,970

STOCKHOLDERS' DEFICIT
Common Stock:  $.001 Par Value; 200,000,000 Shares Authorized;
                           32,157,310 Shares Issued and Outstanding          32,157           32,057
Additional Paid in Capital                                                  766,347          676,447
Deficit Accumulated During the Development Stage                         (1,569,734)      (1,353,751)
-----------------------------------------------------------------------------------------------------

TOTAL STOCKHOLDERS' DEFICIT                                                (771,230)        (645,247)
-----------------------------------------------------------------------------------------------------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                             $   655,732      $   591,723
=====================================================================================================

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

                                                 F-1
</TABLE>
<PAGE>

<TABLE>
ORETECH, INC. (FORMERLY THE TANTIVY GROUP, INC.) AND SUBSIDIARIES
(A DEVELOPMENT STAGE COMPANY)
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT
FROM JUNE 11, 2001 (INCEPTION) THROUGH SEPTEMBER 30, 2003
<CAPTION>

                                                                                                         DEFICIT
                                                                                                       ACCUMULATED
                                                              COMMON STOCK             ADDITIONAL        DURING            TOTAL
                                                              ------------              PAID-IN        DEVELOPMENT     STOCKHOLDERS'
                                                         SHARES          AMOUNT         CAPITAL           STAGE           DEFICIT
------------------------------------------------------------------------------------------------------------------------------------
<S>                                           <C>      <C>            <C>             <C>              <C>              <C>
RECAPITALIZATION OF ORETECH                            25,959,500     $    25,959     $        --      $        --      $    25,959

Net Loss - Through June 30, 2002                               --              --              --          (25,959)         (25,959)
------------------------------------------------------------------------------------------------------------------------------------

 BALANCE - JUNE 30, 2002                               25,959,500          25,959              --          (25,959)              --

Options Granted for Services During the
  Period - Unexercised                                         --              --         275,000               --          275,000

Tantivy Group, Inc. Stock Outstanding
      Before the Acquisition                  (A)       6,097,810           6,098         401,447               --          407,545

Net Loss - July 1, 2002 - June 30, 2003                        --              --              --       (1,327,792)      (1,327,792)
------------------------------------------------------------------------------------------------------------------------------------

BALANCE - JUNE 30, 2003                                32,057,310     $    32,057     $   676,447      $(1,353,751)     $  (645,247)

Options Granted for Services During the
  Period                                                  100,000             100          54,900               --           55,000

Units Sold in Private Placement Offering                       --              --          72,030               --           72,030

Equity Financing Costs - Private Placement                     --              --         (37,030)              --          (37,030)

Net Loss - July 1, 2003 - September 30, 2003                   --              --              --         (215,983)        (215,983)
------------------------------------------------------------------------------------------------------------------------------------

BALANCE - SEPTEMBER 30, 2003                           32,157,310     $    32,157     $   766,347      $(1,569,734)     $  (771,230)
====================================================================================================================================

(A) Reflects the 1 for 10 reverse stock split effective April 1, 2003.

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

                                                                F-2
</TABLE>
<PAGE>

<TABLE>
ORETECH, INC. (FORMERLY THE TANTIVY GROUP, INC.) AND SUBSIDIARIES
(A DEVELOPMENT STAGE COMPANY)
CONSOLIDATED STATEMENTS OF OPERATIONS
<CAPTION>

                                                   FROM DATE
                                                  OF INCEPTION           FOR THE             For The
                                                (JUNE 11, 2001)        THREE MONTHS        Three Months
                                                    THROUGH               ENDED               Ended
                                                  SEPTEMBER 30,        SEPTEMBER 30,       September 30,
STATEMENTS OF OPERATIONS                              2003                2003                 2002
---------------------------------------------------------------------------------------------------------
<S>                                            <C>                  <C>                  <C>
REVENUES                                       $            --      $            --      $            --

GENERAL AND ADMINISTRATIVE EXPENSES
Consulting Fees                                        107,000              107,000                   --
Costs to Acquire Tantivy                             1,672,735                   --                   --
Depreciation                                               143                  143                   --
Insurance                                               11,094               11,094                   --
Other Expense                                           33,997               20,556                   --
Professional Fees                                      164,832               70,998                   --
---------------------------------------------------------------------------------------------------------

TOTAL GENERAL AND ADMINISTRATIVE EXPENSES            1,989,801              209,791                   --
---------------------------------------------------------------------------------------------------------

NET LOSS BEFORE OTHER INCOME AND EXPENSES           (1,989,801)            (209,791)                  --
---------------------------------------------------------------------------------------------------------

OTHER INCOME AND EXPENSES
(Interest Expense) Net of Interest Income              (11,511)              (6,192)                  --
Gain on Restructure of Debt                            431,578                   --                   --
---------------------------------------------------------------------------------------------------------

NET LOSS                                       $    (1,569,734)     $      (215,983)     $            --
=========================================================================================================

EARNINGS (LOSS) PER COMMON SHARE,
     BASIC AND DILUTED                                   (0.06)               (0.01)                  --

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING          26,538,381           32,157,310           25,959,500
=========================================================================================================

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

                                                   F-3
</TABLE>
<PAGE>
<TABLE>
ORETECH, INC. (FORMERLY THE TANTIVY GROUP, INC.) AND SUBSIDIARIES
(A DEVELOPMENT STAGE COMPANY)
CONSOLIDATED STATEMENTS OF CASH FLOWS
<CAPTION>

                                                       FROM DATE
                                                      OF INCEPTION           FOR THE              For The
                                                    (JUNE 11, 2001)        THREE MONTHS        Three Months
                                                        THROUGH               ENDED               Ended
                                                   SEPTEMBER 30, 2003   SEPTEMBER 30, 2003   September 30, 2002
---------------------------------------------------------------------------------------------------------------
<S>                                                 <C>                  <C>                  <C>
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss                                            $    (1,569,734)     $      (215,983)     $            --
Adjustments to Reconcile Net Income to
  Net Cash Flows from Operating Activities:
Cost to Acquire Tantivy                                   1,672,735                   --                   --
Gain on Restructure of Debt                                (431,578)                  --                   --
Non-cash Professional Fees                                  103,876               55,000                   --
Depreciation                                                    143                  143                   --
Changes in Assets and Liabilities:
Prepaid Expenses                                            (27,082)             (24,407)
Accounts Payable and Accrued Expenses                        62,102               13,418                   --
Accrued Compensation                                        107,000              107,000                   --
--------------------------------------------------------------------------------------------------------------

Total Adjustments                                         1,487,196              151,154                   --
--------------------------------------------------------------------------------------------------------------

Net Cash Flow from Operating Activities                     (82,538)             (64,829)                  --
--------------------------------------------------------------------------------------------------------------

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of Property, Plant and Equipment                    (6,662)              (6,662)                  --
--------------------------------------------------------------------------------------------------------------

Net Cash Flows from Investing Activities                     (6,662)              (6,662)                  --
--------------------------------------------------------------------------------------------------------------

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from Borrowings                                    102,589               69,574                   --
Proceeds from Units Sold in Private Placement                35,000               35,000
Increase in Note Receivable                                 (42,923)             (30,923)                  --
--------------------------------------------------------------------------------------------------------------

Net Cash Flows from Financing Activities                     94,666               73,651                   --
--------------------------------------------------------------------------------------------------------------

Net Change in Cash                                            5,466                2,160                   --

Cash and Cash Equivalents - Beginning of Period                  --                3,306                   --
--------------------------------------------------------------------------------------------------------------

Cash and Cash Equivalents - End of Period           $         5,466      $         5,466      $            --
==============================================================================================================

SUPPLEMENTAL CASH FLOW INFORMATION
Cash Paid for Interest                                           --                   --                   --
Cash Paid for Taxes                                              --                   --                   --

NONCASH INVESTING AND FINANCING ACTIVITIES:
Stock Options Granted for Consulting Services               275,000               55,000                   --
Note Payable Issued to Finance Restructure of Debt           10,000                   --                   --
Reduction of Liability in Restructure of Debt               431,578                   --                   --
--------------------------------------------------------------------------------------------------------------

                                                    $       716,578      $        55,000      $            --
==============================================================================================================

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

                                                     F-4
</TABLE>
<PAGE>

ORETECH, INC. (FORMERLY THE TANTIVY GROUP, INC.) AND SUBSIDIARIES
(A DEVELOPMENT STAGE COMPANY)
PHENIX CITY, ALABAMA


NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
--------------------------------------------------------------------------------


NOTE A -      NATURE OF OPERATIONS
              Oretech, Inc. (formerly the Tantivy Group, Inc.) is a corporation
              located in Phenix City, Alabama, organized under the laws of the
              State of Nevada, and is in the business of processing ore and
              mine tailings to extract precious metals. Oretech is currently in
              the development stage.

NOTE B -      BASIS OF PRESENTATION
              The consolidated financial statements of Oretech, Inc. and
              Subsidiaries included herein have been prepared by the Company,
              without audit, pursuant to the rules and regulations of the
              Securities and Exchange Commission (the "SEC"). Certain
              information and footnote disclosures normally included in
              financial statements prepared in conjunction with accounting
              principles generally accepted in the United States of America have
              been condensed or omitted pursuant to such rules and regulations,
              although the Company believes that the disclosures are adequate so
              that the information presented is not misleading. These condensed
              consolidated financial statements should be read in conjunction
              with the annual audited financial statements and the notes thereto
              included in Oretech's Form 10-KSB, and other reports filed with
              the SEC.

              The accompanying unaudited interim financial statements reflect
              all adjustments of a normal and recurring nature which are, in the
              opinion of management, necessary to present fairly the financial
              position, results of operations, and cash flows of Oretech for the
              interim periods presented. The results of operations for these
              periods are not necessarily comparable to, or indicative of,
              results of any other interim period or for the fiscal year as a
              whole. Factors that affect the comparability of financial data
              from year to year and for comparable interim periods include
              business combinations with other entities, business start-up
              costs, and expenses required to meet SEC reporting obligations.
              Certain financial information that is not required for interim
              financial reporting purposes has been omitted.

              Certain amounts in the prior year financial statements have been
              reclassified to conform with the current year presentation.

NOTE C -      PRINCIPLES OF CONSOLIDATION
              The accompanying consolidated financial statements include the
              accounts of Oretech, Inc. and its wholly owned subsidiaries
              (collectively referred to as "Oretech"). All intercompany balances
              and transactions have been eliminated in consolidation.

NOTE D -      PRIVATE PLACEMENT OFFERING
              Oretech initiated a private placement offering for accredited
              investors during September 2003. Oretech is offering a maximum of
              1,000,000 private placement units at a cost of $5.00 per unit.
              Each unit is comprised of two shares of Oretech common stock, one
              Class A warrant with an exercise price of $1.75, and one Class B
              warrant with and exercise price of $2.00. The minimum purchase is
              2,000 units or $10,000. The warrants expire one year from the date
              of purchase of the unit(s).

              During September 2003, an accredited investor purchased 7,000
              units for $35,000, of which the shares have not been issued and
              the warrants have not been exercised. The common stock and
              warrants were recorded at their fair value totaling $72,030.
              Equity financing costs in the amount of $37,030 were recorded in
              the transaction. Fair market value of the warrants was determined
              using a Black-Scholes pricing model.

                                      F-5
<PAGE>

ORETECH, INC. (FORMERLY THE TANTIVY GROUP, INC.) AND SUBSIDIARIES
(A DEVELOPMENT STAGE COMPANY)
PHENIX CITY, ALABAMA


NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
--------------------------------------------------------------------------------


NOTE E -      OPERATING LEASE
              Oretech entered into one year term operating lease agreement that
              commenced on August 1, 2003 for its corporate offices and
              warehouse space. Terms of the agreement require Oretech to pay
              monthly rent in the amount of $3,500 plus all utilities,
              insurance, and repairs and maintenance. The lease may be extended
              for an additional one year period with monthly rental payments of
              $3,700. The landlord is Blythe Metal Sources, Inc., which is owned
              by Tom Blythe, Oretech's Vice President of Manufacturing and
              Engineering. The lease was negotiated as an arm's length
              transaction.

NOTE F -      GOING CONCERN
              Oretech's financial statements have been presented on the basis
              that it is a going concern, which contemplates the realization of
              assets and the satisfaction of liabilities in the normal course of
              business. Oretech is currently in the development stage and there
              is an accumulated deficit as of September 30, 2003. Accordingly,
              there is substantial doubt about Oretech's ability to continue as
              a going concern. Oretech's continued existence is dependent upon
              its ability to develop profitable operations and to obtain working
              capital. Management of Oretech believes that it has developed a
              strategy that will accomplish these objectives, including
              obtaining private financing and equity funding, which will provide
              the funds to enable Oretech to utilize the ore processing
              technology on the raw materials located at the Company's mining
              claims and those to be acquired.

              Oretech's principal activities since inception have consisted of
              financial planning, establishing sources of production and supply,
              developing markets, and raising capital. Oretech plans to utilize
              a patented proprietary process for the extraction of precious
              metals from the known mined ore and tailings located in the
              Company's mining claims. Business operations will include the
              extraction, smelting, casting, and refining of precious metals.
              Principal operations have not started; therefore Oretech has no
              present sources of significant revenues.

NOTE G -      SUBSEQUENT EVENTS
              Oretech has entered into an asset purchase agreement with an
              unrelated entity to acquire mining claims situate on 334 acres,
              located in Colorado. Historically the mines yielded silver, lead,
              gold, zinc, and other strategic and precious metals. Oretech has
              been performing tests on tailing samples and dump site samples
              from the mining properties for over one year, which indicate
              commercial production viability of the ore. A closing date on the
              purchase has not been established.

              Oretech has entered into an asset purchase agreement with Tansub
              Corporation, effective October 2003, for the sale of 95% interest
              in the four former Tantivy subsidiaries: Online Television Network
              Services, Inc., Tantivy Technologies, Inc., Tantivy Entertainment,
              Inc., and Tantivy Sciences, Inc. According to terms of the
              agreement, Oretech will retain a 5% interest in the subsidiaries
              and all debt of the subsidiaries is to be assumed by Tansub
              Corporation.

                                      F-6
<PAGE>

Item  2.  Management's Discussion and Analysis or Plan of Operation.

The information in this discussion contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Act of 1934, as amended. Such statements are based upon current
expectations that involve risks and uncertainties. Any statements contained
herein that are not statements of historical fact may be deemed to be
forward-looking statements. For example, the words "believes", "anticipates",
"plans", "expects", "intends" and similar expressions are intended to identify
forward-looking statements. The Company's actual results and the timing of
certain events may differ significantly from the results discussed in the
forward-looking statements. All forward-looking statements in this document are
based on information available to the Company as of the date hereof and the
Company assumes no obligation to update any such forward-looking statements.

Overview
--------

The Tantivy Group, Inc. discontinued its operations of providing Internet
technology solutions through the business model known as "Venture Technology,"
in which it served its clients as a management consultant, Internet strategy
consultant, interactive marketing agency, and technology developer, all
seamlessly integrated into a cohesive unit. On September 27, 2002, Tantivy
completed a reverse acquisition in accordance with an Asset Purchase Agreement
with Pacific Rocky Mountain, Inc. ("PRM"). As a result, the Company is now in
the development stage in its new mining operations.

On March 31, 2003, the Company announced that the Company's Board of Directors
and a majority of the Company's shareholders had approved the Company
effectuating a 1-10 reverse stock split.

On March 31, 2003, the Company entered into an asset purchase agreement with
Oretech Corporation, a privately held Nevada based technology corporation, in
which the Company acquired all of the assets and assumed all of the liabilities
of Oretech in exchange for twenty-five million nine hundred fifty-nine thousand
five-hundred (25,959,500) shares of the Company's Common Stock, after the
effectuation of the aforementioned 1-10 reverse split, giving the shareholders
of Oretech ownership of 82.67% of the Company's Common Stock. Subsequent to the
agreement, the Officers and Directors of the Company resigned and were replaced
by seven new Directors, who subsequently appointed new officers. The business
combination is treated as a reverse acquisition, with Oretech the deemed
acquirer in the transaction. On April 1, 2003, The new Directors voted to change
the name of The Tantivy Group, Inc. to Oretech, Inc. Subsequently, the Company
was issued a new trading symbol, "ORTE".

Oretech Corporation developed a proof of concept model that represents a
breakthrough in ore processing technology. The process utilizes a proprietary
high temperature technique to extract various metals from ore bodies that are
typically highly carbonaceous. The proof of concept model has extracted gold and
silver from various samples of carbonaceous ore bodies.

With only a few equipment enhancements, future Oretech production units should
be able to extract many additional metallic elements including platinum,
rhodium, and scandium. Oretech holds an exclusive license from PTI Ventures, LLC
to develop and commercialize the "Oretech process".

Selected ore reserves will be acquired and controlled by the Company under
mineral right agreements with private individuals and the BLM. The Oretech
process will be utilized in an effort to effectively produce high yields of
precious metals from these reserves.

In October 2003, Oretech entered into an asset purchase agreement with a
non-affiliated third party, pursuant to which Oretech sold a 95% interest in
each of its discontinued operations subsidiaries, Online Television Network

<PAGE>

Services, Inc., Tantivy Technologies, Inc., Tantivy Entertainment, Inc. and
Tantivy Sciences, Inc. in exchange for the assumption of approximately $197,000
in indebtedness of those subsidiaries. Oretech intends to spin-off its remaining
5% interest in these four subsidiaries to Oretech stockholders in the future.


RESULTS OF OPERATIONS

Revenues

Oretech has generated no revenues since inception because the Company is in the
development stage. Activities since inception have consisted solely of financial
planning, establishing sources of production and supply, developing markets, and
raising capital.

Operating Expenses

Oretech accrued compensation for consulting services in the amount of $107,000
for the three months ended September 30, 2003. Consulting fees for the three
months ended September 30, 2002 were zero.

Costs to Acquire Tantivy since inception totaled $1,672,735, which were recorded
through June 30, 2003. No amount was recorded for the three months ended
September 30, 2003.

Professional fees for the period ended September 30, 2003 totaled $70,998, which
consisted primarily of legal, accounting, and stock transfer fees. Professional
fees for the three months ended September 30, 2002 were zero.

Other expenses for the three months ended September 30, 2003 totaled $20,566 and
consisted primarily of rent, utilities, office expenses, and travel expenses.
Other expenses for the three months ended September 30, 2002 were zero.

Income Taxes

No provision for federal and state income taxes has been recorded because
Oretech has incurred net operating losses since inception. Deferred income tax
assets arising from any loss carry forwards have been fully reserved as of
September 30, 2003.


CAPITAL EXPENDITURES, DISPOSITIONS, AND FINANCING REQUIREMENTS

There were capital expenditures in the amount of $6,662, consisting of equipment
and leasehold improvements during the three months ended September 30, 2003.

Oretech will require funds to develop the ore processing technology for the
extraction of precious metals and will seek to raise money through private
placement and capital markets.

ITEM 3.  CONTROLS AND PROCEDURES

As required by Rule 13a-15 under the Exchange Act, the Company carried out an
evaluation of the effectiveness of the design and operation of the Company's
disclosure controls and procedures within the 90 days prior to the filing date
of this report. This evaluation was carried out under the supervision and with
the participation of the Company's management, including the Company's Chief
Executive Officer and Chief Financial Officer. Based upon that evaluation, the
Company concluded that its disclosure controls and procedures are effective.
There have been no significant changes in the Company's internal controls or in

<PAGE>

other factors, which could significantly affect internal controls subsequent to
the date the Company carried out its evaluation.

Disclosure controls and procedures are controls and other procedures that are
designed to ensure that information required to be disclosed in Company reports
filed or submitted under the Exchange Act is recorded, processed, summarized,
and reported within the time periods specified in the Securities and Exchange
Commission's rules and forms. Disclosure controls and procedures include,
without limitation, controls and procedures designed to ensure that information
required to be disclosed in Company reports filed under the Exchange Act is
accumulated and communicated to management, including the company's Chief
Executive Officer and Chief Financial Officer, to allow timely decisions
regarding required disclosure.


                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

Not applicable.

ITEM 2.  CHANGES IN SECURITIES

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 AND REPORTS ON FORM 8-K

a.  Exhibits
------------

Exhibit 31.1   Certification Pursuant to Section 302 of the Sarbanes-Oxley Act
               of 2002.

Exhibit 31.2   Certification Pursuant to Section 302 of the Sarbanes-Oxley Act
               of 2002

Exhibit 32.1   Certification Pursuant to 18 U.S.C. Section 1350, as Adopted
               Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

Exhibit 32.2   Certification Pursuant to 18 U.S.C. Section 1350, as Adopted
               Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

b.  Reports on Form 8-K
-----------------------

A Form 8-K/A was furnished on October 23, 2003, amending a Form 8-K previously
furnished on April 8, 2003, by including financial statement in Item 7 related
to the reverse acquisition with Oretech Corporation.

<PAGE>

                                   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.

                                    ORETECH, INC.

November 18, 2003                   /s/ Jay W. Hobson
-----------------                   -----------------
Date                                Jay W. Hobson
                                    Vice President and Chief Financial Officer
                                    And Principal Accounting Officer