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 quarter ended September 30, 2006
                           ------------------

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

     For the transition period from               to
                                    -------------    -------------

                        Commission File No. 000-50032
                                            ---------

                          OAK RIDGE MICRO-ENERGY, INC.
                          ----------------------------
              (Name of Small Business Issuer in its Charter)

         COLORADO                                           94-3431032
         --------                                           ----------
(State or Other Jurisdiction of                     (I.R.S. Employer I.D. No.)
 incorporation or organization)

                              275 Midway Lane
                         Oak Ridge, Tennessee 37830
                         --------------------------
                 (Address of Principal Executive Offices)

               Registrant's Telephone Number:  (801) 556-9928

Check whether the Registrant (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the Registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.

     (1)   Yes  X     No            (2)   Yes X      No
               ---      ---                  ---      ---

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

                 (APPLICABLE ONLY TO CORPORATE ISSUERS)

          Indicate the number of shares outstanding of each of the
Registrant's classes of common stock, as of the latest practicable date:

       Class              Outstanding as of September 30, 2006
       -----              --------------------------------

Common stock, $0.001                74,200,707

Transitional Small Business Disclosure Format (Check One):  Yes      No  X
                                                                ---     ---

<PAGE>

                  PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements.

The condensed financial statements of Oak Ridge Micro-Energy, ("OKME")included
herein have been prepared in accordance with the instructions to quarterly
reports on Form 10-QSB pursuant to the rules and regulations of the Securities
and Exchange Commission.  Certain information and footnote data necessary for
fair presentation of financial position and results of operations in
conformity with accounting principles generally accepted in the United States
of America have been condensed or omitted. It is therefore suggested that
these financial statements be read in conjunction with the summary of
significant accounting policies and notes to financial statements included in
OKME's Annual Report on Form 10-KSB for the year ended December 31, 2005.

In the opinion of management, all adjustments necessary in order to make the
financial position, results of operations and changes in financial position at
September 30, 2006, and for all periods presented not misleading have been
made. The results of operations for the period ended September 30, 2006, are
not necessarily an indication of operating results to be expected for the full
year ending December 31, 2006.
<PAGE>
                   OAK RIDGE MICRO-ENERGY, INC.
                  [A Development Stage Company]
                          Balance Sheet


                                                           September 30,
                                                                 2006
                                                            (Unaudited)
Assets
Current assets
     Cash and cash equivalents                              $   891,253
                                                            -----------
Total Current Assets                                            891,253
                                                            -----------

Furniture, fixtures, equipment, net                             716,544
Intangible assets, net                                           10,113
Other long-term assets                                            2,200
                                                            -----------
Total Assets                                                $ 1,620,110
                                                            ===========

Liabilities and Stockholders' Equity
Current liabilities
     Accounts payable                                       $    13,210
     Accrued liabilities-related parties                          1,242
                                                            -----------
Total Current Liabilities                                        14,452
                                                            -----------

Stockholders' Equity
  Common stock
    100,000,000 shares authorized at $0.001
    par value, 74,200,707 shares issued and
    outstanding at September 30, 2006                            74,201
  Additional paid-in capital                                 17,325,290
  Deficit accumulated prior to development stage             (2,319,595)
  Accumulated Deficit during development stage              (13,474,237)
                                                            -----------
Total Stockholders' Equity                                    1,605,659
                                                            -----------
Total liabilities and stockholders' equity                  $ 1,620,110
                                                            ===========
   The accompanying notes are an integral part of these financial statements
                                    F-1
<PAGE>
                   OAK RIDGE MICRO-ENERGY, INC.
                  [A Development Stage Company]
                     INCOME STATEMENTS


                            Three Months           Nine Months      January 1,
                              Ended                  Ended           1996 to
                             Sept 30,               Sept 30,         Sept 30,
                          2006       2005        2006     2005        2006

Revenues             $       -  $         - $      538 $        - $   118,004
                     ---------  ----------- ---------- ---------- -----------
Operating expenses:
     General and
     administrative     35,134       54,303  1,423,818  2,139,609   8,623,164
     Research and
     development        24,943       85,575    165,192    247,344   1,172,624
     Sales and marketing   310          (60)       310      2,880       3,190
     Depreciation and
     amortization       45,597       41,602    135,387    124,028     531,297
                     ---------  ----------- ---------- ---------- -----------
Total operating
expenses               105,984      181,420  1,724,708  2,513,861  10,330,275
                     ---------  ----------- ---------- ---------- -----------
Operating income
(loss)                (105,984)    (181,420)(1,724,170)(2,513,861)(10,212,271)

Other income/expenses:
     Interest and
     other income        4,672        6,513     15,371     18,049      71,878
     Interest Expense        -            -          -          -    (340,159)
     Loss on sale of
     assets                  -            -          -          -  (4,608,767)
     Gain on Settlement
     of Debt                 -            -          -          -   1,615,082
                     ---------  ----------- ---------- ---------- -----------
Total other income/
expense                  4,672        6,513     15,371     18,049  (3,261,966)
                     ---------  ----------- ---------- ---------- -----------
Net income (loss)    $(101,312)    (174,907)(1,708,799)(2,495,812)(13,474,237)
                     =========  =========== ========== ========== ===========
Earnings (loss) per share
  Basic              $   (0.01) $     (0.01)$    (0.02)$    (0.04)

Weighted average
shares outstanding:
  Basic             74,200,707   68,088,207 71,163,207 65,410,707
                    ==========   ========== ========== ==========

   The accompanying notes are an integral part of these financial statements
                               F-2
<PAGE>
                   OAK RIDGE MICRO-ENERGY, INC.
                  [A Development Stage Company]
                     CASH FLOW STATEMENTS

                                       Sept 30,    Sept 30, January 1, 1996 to
                                         2006        2005      Sept 30, 2006

 Net Loss                            $ (1,708,799) $(2,495,812) $(13,474,237)
 Adjustments to reconcile net
 loss to net cash used for
 operations
  Increase/(decrease)_accounts payable     (5,674)     124,028       394,979
  Increase in accrued liabilities -
   related parties                         (4,322)           -        (4,322)
  Increase/(decrease) in deposits               -            -        (2,200)
  Depreciation and amortization           135,387      (99,257)      531,297
  Issuance of common stock for
   expenses and contributions to
   capital for expenses                 1,345,762    1,927,001     7,088,657
  Loss on sale of assets                       -            -      4,608,767
  Gain on settlement of debt                   -            -     (1,615,082)
                                    ------------  -----------   ------------
Net cash used for operations            (237,646)    (544,040)    (2,472,141)

Investing
  Purchase of furniture, fixtures
   and equipment                        (103,240)      (4,546)    (1,230,726)
  Purchase of intangible assets             (456)      (4,790)       (27,231)
                                    ------------  -----------   ------------
Net cash used for investing             (103,696)      (9,336)    (1,257,957)
                                    ------------  -----------   ------------
Financing
 Proceeds from stock issued                    -       72,500      4,621,351
                                    ------------  -----------   ------------
Net cash from financing                        -       72,500      4,621,351
                                    ------------  -----------   ------------
Net change in cash and cash
 equivalents                            (341,341)    (480,876)       891,253
Cash and cash equivalents,
 beginning of period                   1,232,594    1,866,034              -
                                    ------------  -----------   ------------
Cash and cash equivalents, end of
period                              $    891,253  $ 1,385,158   $    891,253
                                    ============  ===========   ============

  The accompanying notes are an integral part of these financial statements
                               F-3
<PAGE>
                   OAK RIDGE MICRO-ENERGY, INC.
                  [A Development Stage Company]
                  Notes to Financial Statements

Note 1   Description of Business and Liquidity

Oak Ridge Micro-Energy, Inc. (referred to hereafter as "the Company" or "Oak
Ridge") was incorporated on August 15, 1986 under the laws of the state of
Colorado, with the original name "Vates Corp.".  Since inception, the company
has completed six name changes resulting in its present name.  With the 2002
acquisition of its sole subsidiary, Oak Ridge Micro-Energy, Inc., a Nevada
Corporation ("Oak Ridge Nevada"), the name of the Company was changed from
Global Acquisitions, Inc.  The Company has changed the par value of its stock
and effected four stock splits (see note 4).  The accompanying consolidated
financial statements have been prepared showing the after spilt effect with a
par value of $0.001 since inception.

The Company became inactive after 1995 and is considered to be in the
development stage after that date.  The Company's principal operation is the
further development and commercialization of the rechargeable thin-film
lithium battery.

The interim financial data are unaudited; however, in the opinion of the
management of the Company, the interim data includes all adjustments,
consisting of normal recurring adjustments, necessary for a fair presentation
of (a) the financial position at September 30, 2006 (b) the results  of
operations for the three and nine-month period ended September 30, 2006 and
2005, and (c) cash flows for the nine-month period ended September 30, 2006
and 2005.  The financial statements should be read in conjunction with the
Company's annual report on Form 10-KSB for the year ended December 31, 2005.

The results of operations for the three-month period ended September 30, 2006
are not necessarily indicative of those to be expected for the entire year.

Note 2   Basic net loss per share

Basic net loss per share is computed based on the weighted average number of
common shares outstanding, after the stock splits.  The Company does not
currently have any outstanding options, warrants, convertible preferred stock,
and/or convertible debt.

Note 3   Technology Licensing Agreement

The Company owns a non-exclusive license from the Department of Energy through
their licensor, UT Battelle LLC.  The license pertains to rechargeable thin-
film lithium batteries.  The initial payment was made in 2002 for $10,000.  A
second payment of $10,000 was made in the first quarter of 2003.  Additional
payments of $40,000 and $20,000 in common stock based upon market value, which
at the time of issuance equaled 47,619 shares of common stock were paid during
the third quarter of 2004.

An incremental royalty fee of five percent applies to all net sales of
products incorporating the licensed technology.

Note 4   Stockholders' Equity

The Company's only issued and authorized equity shares consist of common
stock, par value $0.001.  Effective June 1, 2004, the Company effected a one
to three forward split of its outstanding common stock, while retaining the
current par value of $0.001.  The accompanying financial statements have been
prepared retroactively showing the after spilt effect with a par value of
$0.001 since inception.

During the first quarter of 2006, the Company issued 5,300,000 to members of
the Board of Directors and attorneys.  These shares were recorded at their
estimated fair value of $1,219,000 and expensed during the three-month period
ending March 31, 2006.
                               F-4
<PAGE>
                   OAK RIDGE MICRO-ENERGY, INC.
                  [A Development Stage Company]
                  Notes to Financial Statements

During the second quarter of 2006, the Company issued 775,000 to various
consultants and employees for services.  The shares were recorded at there
estimated fair value of $126,750 and expenses during the three-month period
ending June 30, 2006.

Note 5   Related Parties

Officers-directors (and their families) and their controlled entities have
acquired 57% of the outstanding common stock.

During the first quarter of 2006, members of the board of directors were
issued a combined 4,400,000 shares for general business services provided to
the Company.  The services were recorded at their estimated fair value of
$1,012,000 and recognized as expense during the three-month period ending
March 31, 2006.

The Company currently owes its President and Chief Executive Officer, $1,241
for money loaned to the Company.  This note is non-interest bearing and
payable on demand.

Note 6   Lawsuit

On August 27, 2004, Oak Ridge Micro-Energy, Inc. commenced an action against
Timothy Rock, Andrew Goodell, Water & Gold, Inc. and Jeffrey Kohutka in the
Third Judicial District Court, State of Utah, County of Salt Lake, Case No.
040918223.   Oak Ridge asserted claims against these individuals for
violations of Utah's Uniform Securities Act, Utah Code Ann. Section 61-1-1 et
seq.; Fraudulent Inducement and Conspiracy to Defraud; Misappropriation and
conversion; and Breach of Contract.  Oak Ridge also sought a Preliminary and
Permanent Injunction against defendants enjoining them from selling,
transferring or otherwise encumbering any of the shares these individuals had
obtained from Oak Ridge pending the outcome of the case.

On September 1, 2004, Oak Ridge obtained a Temporary Restraining Order against
Messrs. Rock, Goodell, Kohutka and Water & Gold enjoining those individuals,
entities and their agents from attempting to sell, assign or encumber or
selling, assigning or encumbering any Oak Ridge stock owned by them or their
agents.

On November 5, 2004, the defendants filed an Answer and Counterclaim against
Oak Ridge and its President, Mark Meriwether alleging violation of the Utah
Uniform Securities Act, Utah Code Ann. Section 61-1-1 et seq. against
Meriwether and Oak Ridge, and Breach of Contract against Oak Ridge.

On December 21 and December 22, 2004, the Court held a Preliminary Injunction
Hearing on Oak Ridge's request to enjoin the defendants from transferring,
selling or otherwise encumbering their shares pending the outcome of the case.
After the two-day hearing in which evidence was presented by both sides, the
Court issued Findings of Fact and Conclusions of Law.  In its Findings, the
Court determined that an injunction was appropriate.  The Court specifically
found that Oak Ridge had established a substantial likelihood of prevailing on
the merits of its claims that defendants Rock, Goodell, Water & Gold and
Kohutka violated Utah's Uniform Securities Act, Utah Code Ann. Section 61-1-1;
that if the injunction was not issued, Oak Ridge would be irreparably harmed;
that the harm to Oak Ridge in the event an injunction was not issued would not
outweigh any harm to Rock, Goodell, Kohutka and Water & Gold; and that the
public interest would not be affected by the granting of the Preliminary
Injunction.  The Court also ordered Oak Ridge to post a $100,000 bond.

Evidence presented at the hearing detailed 4,744,800 shares that were the
subject of the Preliminary Injunction.  In furtherance of the Court's
Preliminary Injunction and at a hearing held on Oak Ridge's Motion on May 10,
2005, the Court verbally ordered defendants Rock, Goodell, Kohutka and Water &
Gold to forthwith deliver or cause to be delivered all shares of Oak Ridge
common stock that were the subject of the Preliminary Injunction, whether held
by the defendants or deposited in their respective brokerage accounts or other
repositories, to the Clerk of the Court, to be held by such Clerk until a

                               F-5
<PAGE>
                   OAK RIDGE MICRO-ENERGY, INC.
                  [A Development Stage Company]
                  Notes to Financial Statements


final adjudication of Oak Ridge's legal action.  The Court Order has been
reduced to writing and substantially all of the shares that were the subject
of such Court Order have been deposited with the Clerk of the said Court.

                               F-6
<PAGE>
Item 2. Management's Discussion and Analysis of Financial Condition or Plan of
Operations.

Plan of Operation.

Oak Ridge Micro-Energy is developing a new, thin-film lithium battery
technology for commercial, consumer, industrial, security and military use.
The Company's corporate objective is to capitalize on delivering solutions for
the world's micro-power needs.

The battery is lithium-based and is manufactured to be thinner than common
plastic wrap. Like the larger, traditional lithium batteries that power
laptops and cell phones, this lithium battery is also rechargeable. Unlike
traditional lithium batteries, the thin-film battery is intended for small,
hi-tech, low power applications, some of which have not yet been developed or
brought to market.

Current anticipated uses include "smart" credit cards, security cards,
wireless sensors, radio frequency identification tags, chip memory backup and
advanced drug delivery devices. Future applications will grow as the
availability of thin-film batteries increases.

The technology has evolved over the past decade at the Oak Ridge National
Laboratories ("ORNL"), a U. S. Government laboratory in Oak Ridge, Tennessee.
The U. S. Department of Energy has released the technology for
commercialization through their licensing agent, UT Battelle LLC. The Company
is one of a number of non-exclusive licensees of this technology. The primary
inventor of the technology for ORNL, Dr. John B. Bates, retired from ORNL who
is now the Company's Chief Technology Officer and a member of its Board of
Directors.  The batteries must be substantially manufactured in the United
States, under the Company's licensing agreement (the "Licensing Agreement"),
unless a waiver is obtained. There may be exportation limitations into certain
countries; there are no environmental compliance issues that we know of; and
raw materials and manufacturing equipment are readily available from several
vendors in the United States.

The Company is developing prototype batteries using its current
laboratory-scale hardware. The Company recently raised additional capital to
acquire equipment to manufacture thin-film batteries for pilot production
requirements. Prototype batteries will be delivered to a variety of potential
clients who desire samples to evaluate for integration into their products.
The Company will likely develop a relationship with a third party
manufacturing partner when quantities dictate to preserve capital. Batteries
will be shipped directly to the Company's customers, without the need for a
distributor, in the short term. Until such time as our Company's prospective
clients have evaluated prototypes and made commitments for commercial
quantities of the Company's product, the Company intends to apply for revenue
from U. S. Government grants and research contracts, like similar grants the
Company has received from the Department of Defense. During fiscal 2006, the
Company anticipates that it may have between one and four clients, and would
expect that number to grow in future years, as applications and the
availability of thin-film batteries increases. Dr. Bates and the Company's
staff will continue to advance thin-film technology, which will result in the
creation of an intellectual property portfolio for the Company and our
shareholders.  Currently, the Company has made patent applications for an
improved electrolyte; a new barrier coating to help the battery resist
corrosion; to improve the performance of the battery; and to better protect
the battery from natural elements.

The Company currently has three full-time employees and two part-time
employees.

On August 27, 2004, Oak Ridge Micro-Energy, Inc. commenced an action against
Timothy Rock, Andrew Goodell, Water & Gold, Inc. and Jeffrey Kohutka in the
Third Judicial District Court, State of Utah, County of Salt Lake, Case No.
040918223.  Oak Ridge asserted claims against these individuals for
violations of Utah's Uniform Securities Act, Utah Code Ann. Section 61-1-1 et
seq.; Fraudulent Inducement and Conspiracy to Defraud; Misappropriation and
conversion; and Breach of Contract.  Oak Ridge also sought a Preliminary and
Permanent Injunction against defendants enjoining them from selling,
transferring or otherwise encumbering any of the shares these individuals had
obtained from Oak Ridge pending the outcome of the case.  We do not expect
this case to have a material impact on our company.

Results of Operations.

Revenue.

The Company had revenue $538 from the sale of batteries during the nine-month
period ended September 30, 2006.

Operating Expenses.

Research and development expenses in the third quarter of 2006 were $24,943,
compared to $85,575 during the third quarter of 2005.  Research and
development expense consists mainly of salaries to a small technical staff and
materials used in the further development and prototyping of the thin-film
lithium battery.

General and Administrative expenses were $35,134 in the third quarter of
2006, compared to $54,303 in the third quarter of 2005.  The significant
drop in expenses is due to the fact the Company issued less stock for
services.  These charges consisted of rent, utilities, travel expenses, legal
and professional charges and other miscellaneous charges related to general
business operations.

Financial Condition.

The interim financial data are unaudited; however, in the opinion of the
management of the Company, the interim data includes all adjustments,
consisting of normal recurring adjustments, necessary for a fair presentation
of (a) the financial position at September 30, 2006 (b) the results of
operations for the three and nine-month period ended September 30, 2006 and
2005, and (c) cash flows for the nine-month period ended September 30, 2006
and 2005.  The financial statements should be read in conjunction with the
Company's annual report on Form 10-KSB for the year ended December 31, 2005.

The results of operations for the three-month period ended September 30, 2006
are not necessarily indicative of those to be expected for the entire year.

Our Company incurred a net loss for operations of $101,312 for the three-month
period ended September 30, 2006.  Cash on hand totaled $891,253.  We believe
cash on hand will be sufficient to finance current business operations for at
least the next 12 months.

Forward-Looking Statements.

Statements made in this Form 10-QSB Quarterly Report which are not purely
historical are forward-looking statements with respect to the goals, plan
objectives, intentions, expectations, financial condition, results of
operations, future performance and business of our Company, including, without
limitation, (i) our ability to gain a larger share of the thin film battery
industry, our ability to continue to develop products acceptable to the
industry, our ability to retain relationships with suppliers and distributors,
our ability to raise capital, and the growth of the thin film battery
industry, and (ii) statements preceded by, followed by or that include the
words "may", "would", "could", "should", "expects", "projects", "anticipates",
"believes", "estimates", "plans", "intends", "targets" or similar expressions.

Forward-looking statements involve inherent risks and uncertainties, and
important factors (many of which are beyond our control) that could cause
actual results to differ materially from those set forth in the forward-
looking statements, including the following, in addition to those contained in
our reports on file with the Securities and Exchange Commission; general
economic or industry conditions, nationally and/or in the communities in which
we conduct business, changes in the interest rate environment, legislation or
regulatory requirements, conditions of the securities markets, changes in the
thin film battery industry, the development of products and that may be
superior to the products and services offered by our Company, demand for thin
film batteries, competition, changes in the quality or composition of our
products and services, our ability to develop new products and services, our
ability to raise capital, changes in accounting principles, policies or
guidelines, financial or political instability, acts of war or terrorism,
other economic, competitive, governmental, regulatory and technical factors
affecting our operations, products, services and prices.

Accordingly, results actually achieved may differ materially from expected
results in these statements. Forward-looking statements speak only as of the
date they are made. We do not undertake, and specifically disclaim, any
obligation to update any forward-looking statements to reflect events or
circumstances occurring after the date of such statements.

Item 3. Controls and Procedures

As of the end of the period covered by this Quarterly Report, we carried out
an evaluation, under the supervision and with the participation of our
President and Secretary, of the effectiveness of the design and operation of
our disclosure controls and procedures. Based on this evaluation, our
President and Secretary concluded that information required to be disclosed is
recorded, processed, summarized and reported within the specified periods and
is accumulated and communicated to management, including our President and
Secretary, to allow for timely decisions regarding required disclosure of
material information required to be included in our periodic Securities and
Exchange Commission reports. Our disclosure controls and procedures are
designed to provide reasonable assurance of achieving their objectives and our
President and Secretary have concluded that our disclosure controls and
procedures are effective to a reasonable assurance level of achieving such
objectives. However, it should be noted that the design of any system of
controls is based in part upon certain assumptions about the likelihood of
future events, and there can be no assurance that any design will succeed in
achieving its stated goals under all potential future conditions, regardless
of how remote. In addition, we reviewed our internal controls over financial
reporting, and there have been no changes in our internal controls or in other
factors in the last fiscal quarter that has materially affected our internal
controls over financial reporting.

                    Part II. Other Information

Item 1. Legal Proceedings

On August 27, 2004, Oak Ridge Micro-Energy, Inc. commenced an action against
Timothy Rock, Andrew Goodell, Water & Gold, Inc. and Jeffrey Kohutka in the
Third Judicial District Court, State of Utah, County of Salt Lake, Case No.
040918223.   Oak Ridge asserted claims against these individuals for
violations of Utah's Uniform Securities Act, Utah Code Ann. Section 61-1-1 et
seq.; Fraudulent Inducement and Conspiracy to Defraud; Misappropriation and
conversion; and Breach of Contract.  Oak Ridge also sought a Preliminary and
Permanent Injunction against defendants enjoining them from selling,
transferring or otherwise encumbering any of the shares these individuals had
obtained from Oak Ridge pending the outcome of the case.

On September 1, 2004, Oak Ridge obtained a Temporary Restraining Order against
Messrs. Rock, Goodell, Kohutka and Water & Gold enjoining those individuals,
entities and their agents from attempting to sell, assign or encumber or
selling, assigning or encumbering any Oak Ridge stock owned by them or their
agents.

On November 5, 2004, the defendants filed an Answer and Counterclaim against
Oak Ridge and its President, Mark Meriwether alleging violation of the Utah
Uniform Securities Act, Utah Code Ann. Section 61-1-1 et seq. against
Meriwether and Oak Ridge, and Breach of Contract against Oak Ridge.

On December 21 and December 22, 2004, the Court held a Preliminary Injunction
Hearing on Oak Ridge's request to enjoin the defendants from transferring,
selling or otherwise encumbering their shares pending the outcome of the case.
After the two-day hearing in which evidence was presented by both sides, the
Court issued Findings of Fact and Conclusions of Law.  In its Findings, the
Court determined that an injunction was appropriate.  The Court specifically
found that Oak Ridge had established a substantial likelihood of prevailing on
the merits of its claims that defendants Rock, Goodell, Water & Gold and
Kohutka violated Utah's Uniform Securities Act, Utah Code Ann. Section 61-1-1;
that if the injunction was not issued, Oak Ridge would be irreparably harmed;
that the harm to Oak Ridge in the event an injunction was not issued would not
outweigh any harm to Rock, Goodell, Kohutka and Water & Gold; and that the
public interest would not be affected by the granting of the Preliminary
Injunction.  The Court also ordered Oak Ridge to post a $100,000 bond.

Evidence presented at the hearing detailed 4,744,800 shares that were the
subject of the Preliminary Injunction.  In furtherance of the Court's
Preliminary Injunction and at a hearing held on Oak Ridge's Motion on May 10,
2005, the Court verbally ordered defendants Rock, Goodell, Kohutka and Water &
Gold to forthwith deliver or cause to be delivered all shares of Oak Ridge
common stock that were the subject of the Preliminary Injunction, whether held
by the defendants or deposited in their respective brokerage accounts or other
repositories, to the Clerk of the Court, to be held by such Clerk until a
final adjudication of Oak Ridge's legal action.  The Court Order has been
reduced to writing and substantially all of the shares that were the subject
of such Court Order have been deposited with the Clerk of the said Court.

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

None; not applicable.

Item 3. Defaults Upon Senior Securities

None; not applicable.

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

None; not applicable.

Item 5. Other Information

None; not applicable.

Item 6. Exhibits.

Exhibits.

     31    302 Certification of Mark Meriwether

     32    906 Certification

     10-KSB Annual Report for the year ended December 31, 2005*

           * Incorporated by reference.

                            SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Quarterly Report to be signed on its behalf by
the undersigned there unto duly authorized.

                                       OAK RIDGE MICRO-ENERGY, INC.

Date: 11/15/06                       By/s/Mark Meriwether
                                       --------------------------------------
                                       Mark Meriwether
                                       President, CEO, Secretary/Treasurer
<PAGE>