Unassociated Document

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-QSB

(Amendment No.1)

x Quarterly report filed under Section 13 or 15(d) of the Securities Exchange Act of 1934

For the Quarterly Period Ended June 30, 2006

or o Transitional report filed under Section 13 or 15(d) of the Exchange Act.

Commission File No. 0-32863

EESTech, Inc (Formerly Aqua Dyne, Inc).

(Name of Small Business Issuer in its Charter)

Delaware

State or other jurisdiction of

incorporation or organization

33-0922627

I.R.S. Employer

Identification Number

23011 Moulton Parkway A-10, Laguna Hills, CA. 92653

(Address of principal executive office)

Issuer's telephone number: (949) 380 4033

Former address and telephone number

Check whether the issuer: (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) been subject to such filing requirements for the past ninety (90) days.

Yes x No o

Indicate by check mark whether the registrant is a small company (as defined In Rule 12b-2 of the Exchange Act) o Yes x No

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practical date:

As of January 3, 2007, there were 17,995,428 shares of Common Stock, par value $.001 per share, outstanding.

Transitional Small Business Disclosure Format (check one): Yes o No x

Form 10-QSB/A

EXPLANATORY NOTE

This Amendment No.1 on Form 10-QSB/A amends our Quarterly Report on Form 10-QSB for the fiscal quarter ended June 30, 2006, which was originally filed with the Securities and Exchange Commission (“SEC”) on August 10, 2006. The purpose of this Amendment No.1 is primarily to address the comments received by us from the staff of the SEC. Specifically, we have amended and restated the disclosure required by Part II, Item 8A “Controls and Procedures” and amended the Section 302 Certification of our principal executive officer and principal financial officer. In addition, this Amendment No.1 reports the information contained in Part II, Item 2, Unregistered Sales of Equity Securities and Use of Proceeds. This Amendment No.1 does not reflect any events otherwise occurring after the filing of the original Form 10-QSB, nor does it otherwise modify or update (or seek or update to modify or update) in any way the disclosures contained in the original Form 10-QSB filing. This Amendment No. 1 continues to speak as of the date of the original Form 10-QSB filing. This Amendment No.1 should be read in conjunction with our filings made with the SEC subsequent to the date of the original Form 10-QSB filing, including any amendments to those filings.

TABLE OF CONTENTS

			PAGE
PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

(a) Consolidated Balance Sheets			3
(b) Consolidated Statements of Operations			4
(c) Consolidated Statements of Stockholders' Equity			5
(d) Consolidated Statements of Cash Flows			6
(e) Notes to Consolidated Financial Statements			7

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations			8

Item 3. Controls and Procedures			10

PART II. OTHER INFORMATION			10

Item 1. Legal Proceedings			10

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds			10

Item 3. Defaults Upon Senior Securities			10

Item 4. Submission of Matters to a Vote of Security Holders			10

Item 5. Other Information			10

Item 6. Exhibits			10

SIGNATURES			11

EESTECH, INC. AND SUBSIDIARY

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED BALANCE SHEETS

ASSETS

		June 30, 2006 UN-AUDITED			DECEMBER 31, 2005

Current assets:
Cash	$	16,551		$	1,828
Prepaid expenses		17,220			26,424
Total current assets		33,731			28,252

Property and equipment, net of depreciation		27,357			34,089
Intellectual property, net of amortization		2,787			2,887
Total assets	$	63,915		$	65,228

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	274		$	164,930
Payroll and payroll taxes payable		4,326			11,381
Shareholder loans		245,641			245,429
Total current liabilities		250,241			421,740

Stockholders' equity:
Common Stock, $0.001 par value, 20,000,000 shares
authorized; 15,348,224 and 14,416,410 shares issued
and outstanding at June 30, 2006 and December 31, 2005,
respectively		15,347			14,415
Additional paid in capital		10,357,951			9,892,369
Common stock subscribed, 507,616 and 62,500 shares at
June 30, 2006 and December 31, 2005, respectively		203,044			50,000
Deficit accumulated during development stage		(10,905,088	)		(10,324,295	)
Accumulated other comprehensive income		142,420			10,999

Total stockholders' equity (deficit)		(186,326	)		(356,512	)

Total liabilities and stockholders' equity	$	63,915		$	65,228

The accompanying notes are an integral part of these financial statements

EESTECH, INC. AND SUBSIDIARY

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

		FOR THE SIX MONTHS ENDED JUNE 30, 2006			FOR THE SIX MONTHS ENDED JUNE 30, 2005			FOR THE THREE MONTHS ENDED JUNE 30, 2006			FOR THE THREE MONTHS ENDED JUNE 30, 2005			CUMULATIVE AMOUNTS FROM APRIL 26, 2000 TO JUNE 30, 2006
Operating expenses:
General and administrative	$	596,089		$	1,080,928		$	274,044		$	394,680			5,434,092
Research and development		—			50,000			—			25,000			1,200,466
Impairment loss on intellectual property		—			—			—			—			4,300,000

Total operating expenses		596,089			2,130,928			274,044			419,680			10,934,558
Loss from operations		(596,089	)		(2,130,928	)		(274,044	)		(419,680	)		(10,934,558	)
Other income (expense)
Interest income		380			3,278			256			1,168			34,773
Other income		15,210			—			—			—			15,210
Interest expense		—			—			—			—			(644	)
Loss on disposition of assets		—			—			—			—			(21,807	)
Provision for taxes		(294	)		—			—			—			(1,169	)

Net loss	$	(580,793	)	$	(1,127,650	)	$	(273,788	)	$	(418,512	)	$	(10,905,088	)

Loss per share	$	(0.04	)	$	(0.09	)	$	(0.02	)	$	(0.03	)

Weighted average number of common shares outstanding		15,007,735			12,736,908			15,303,550			14,072,515

The accompanying notes are an integral part of these financial statements

EESTECH, INC. AND SUBSIDIARY

(A DEVELOPMENT STAGE COMPANY)

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)

	Common Stock									Deficit accumulated
	Shares issued		Par value $0.001		Additional paid-in capital		Shares subscribed			during development stage			Comprehensive income			Total stockholders' equity
Balance at inception-
April 26, 2000	—	$	—	$	—	$	—		$	—		$	—		$	—
Issuance of stock for
intellectual property	4,000,000		4,000		—		—			—			—			4,000
Issuance of stock to directors	650,000		650		—		—			—			—			650
Net loss	—		—		—		—			(18,973	)		—			(18,973	)

Balance December 31, 2000	4,650,000		4,650		—		—			(18,973	)		—			(14,323	)
Issuance of stock for cash	997,000		997		996,003		—			—			—			997,000
Issuance of stock for
intellectual property	1,000,000		1,000		999,000		—			—			—			1,000,000
Net loss	—		—		—		—			(1,638,743	)		—			(1,638,743	)

Balance December 31, 2001	6,647,000		6,647		1,995,003		—			(1,657,716	)		—			343,934
Issuance of stock for cash	585,000		585		584,415		—			—			—			585,000
Net loss	—		—		—		—			(662,710	)		—			(662,710	)

Balance December 31, 2002	7,232,000		7,232		2,579,418		—			(2,320,426	)		—			266,224
Issuance of stock for cash	583,985		584		875,470		—			—			—			876,054
Issuance of stock for services	50,000		50		189,950		—			—			—			190,000
Common stock subscribed	—		—		—		44,097			—			—			44,097
Net loss	—		—		—		—			(1,106,906	)		—			(1,106,906	)
Adjust for foreign
currency translation	—		—		—		—			—			23,637			23,637
Comprehensive loss	—		—		—		—			—			—			(1,083,269	)

Balance December 31, 2003	7,865,985		7,866		3,644,838		44,097			(3,427,332	)		23,637			293,106
Issuance of stock for
intellectual property	1,000,000		1,000		3,299,000		—			—			—			3,300,000
Stock subscribed issued	29,398		29		44,068		(44,097	)		—			—			—
Issuance of stock for cash	978,370		978		616,149		—			—			—			617,127
Issuance of stock for services	30,000		30		37,470		—			—			—			37,500
Common stock subscribed	—		—		—		890,230			—			—			890,230
Net loss	—		—		—		—			(5,159,117	)		—			(5,159,117	)
Adjustment for foreign
currency translation	—		—		—		—			—			135,903			135,903
Comprehensive loss	—		—		—		—			—			—			(5,023,214	)

Balance December 31, 2004	9,903,753		9,903		7,641,525		890,230			(8,586,449	)		159,540			114,749
Issuance of stock for cash	3,845,638		3,845		1,853,673		(890,230	)		—			—			967,288
Issuance of stock for note	588,235		588		299,412		—			—			—			300,000
Issuance of stock for services	78,784		79		97,759		—			—			—			97,838
Common stock subscribed
(62,500 shares)	—		—		—		50,000			—			—			50,000
Net loss	—		—		—		—			(1,737,846	)		—			(1,738,846	)
Adjustment for foreign
currency translation	—		—		—		—			—			(148,541	)		(148,541	)
Comprehensive loss	—		—		—		—			—			—			(1,886,387	)

Balance December 31, 2005	14,416,410	$	14,415	$	9,892,369	$	50,000		$	(10,324,295	)	$	10,999		$	(356,512	)
Issuance of stock for cash	784,741		785		280,179		(50,000	)		—			—			230,964
Issuance of stock for services	147,073		147		185,403		—			—			—			185,550
Stock subscribed (507,610)shares	—		—		—		203,044			—			—			203,044
Net loss	—		—		—		—			(580,793	)		—			(580,793	)
Adjustment for foreign currency
translation	—		—		—		—			—			131,421			131,421

Comprehensive loss	—		—		—		—			—			—			(449,372	)
Balance June 30, 2006
(unaudited)	15,348,224	$	15,347	$	10,357,951	$	203,044		$	(10,905,088	)	$	142,420		$	(186,326	)

The accompanying notes are an integral part of these financial statements

EESTECH, INC. AND SUBSIDIARY

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED STATEMENTS OF CASH FLOWS

		FOR THE SIX MONTHS ENDED JUNE 30, 2006 UN-AUDITED			FOR THE SIX MONTHS ENDED JUNE 30, 2005 UN-AUDITED			CUMULATIVE AMOUNTS FROM INCEPTION(APRIL 26, 2000)THROUGH JUNE 30 2006 UN-AUDITED
Cash flows from operating activities:
Net loss	$	(580,793	)	$	(1,127,650	)	$	(10,905,088	)
Adjustments to reconcile net loss to net cash
used in operating activities:
Amortization and depreciation		6,832			7,734			39,802
Impairment of intellectual property		—			—			4,300,000
Shares issued for services		236,994			97,838			562,982
Disposition of property		—			—			18,700
Changes in assets and liabilities:
Decrease (increase) in prepaid expenses		9,204			(13,377	)		(17,220	)
Increase (decrease) in accounts payable		(164,656	)		(74,771	)		274
Increase (decrease) in accrued payroll taxes		(7,055	)		3,799			4,326
Increase in bank overdraft		—			43,874			—

Net cash used in operations		(499,474	)		(1,062,553	)		(5,996,224	)

Cash flows used by investing activities:
Disposition (acquisition) of fixed assets		—			(4,339	)		(84,646	)

Net cash used by investing activities		—			(4,339	)		(84,646	)

Cash flows from financing activities:
Issuance of common stock		230,964			774,553			5,557,760
Loan from shareholder		212			1,600			245,641
Stock subscribed		151,600			—			151,600

Net cash from financing activities		382,776			776,153			5,955,001

Comprehensive gain (loss) on translation		131,421			(110,463	)		142,420

Net increase (decrease) in cash		14,723			(401,202	)		16,551
Cash, beginning of period		1,828			401,202			—

Cash, end of period	$	16,551		$	—			16,551

SUPPLEMENTAL DISCLOSURE OF NON-CASH
INVESTING AND FINANCING ACTIVITIES:
Issuance of stock for intellectual property	$	—		$	—		$	4,304,000

Issuance of stock for services	$	236,994		$	97,838		$	562,982

Issuance of stock subscribed	$	50,000		$	890,230		$	—

Issuance of stock for loan payable	$	—		$	300,000		$	—

The accompanying notes are an integral part of these financial statements

ESSTECH, INC. AND SUBSIDIARY

(A DEVELOPMENT STAGE COMPANY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2006 AND 2005

AND CUMMULATIVE FROM INCEPTION APRIL 26, 2000 TO JUNE 30, 2006

(UN-AUDITED)

1. INTERIM FINANCIAL INFORMATION

The consolidated financial statements of ESSTech, Inc. (the Company), formerly Aqua Dyne, Inc, and its wholly-owned subsidiary Aqua Dyne Australia Pty Ltd as of June 30, 2006 and related footnote information are un-audited. All adjustments (consisting only of normal recurring adjustments) have been made which, in the opinion of management, are necessary for a fair presentation. Results of operations for the six months ended June 30, 2006 and 2005 are not necessarily indicative of the results that may be expected for any future period. The balance sheet at December 31, 2005 was derived from audited financial statements.

Certain information and footnote disclosures, normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America, have been omitted. These financial statements should be read in conjunction with the financial statements and notes for the year ended December 31, 2005.

2. ISSUE OF COMMON STOCK FOR INTELLECTUAL PROPERTY

The Company acquired the JetWater System in its final stages of prototype development from Global Power & Water, Inc. ("Global") in fiscal year 2000 in exchange for issuance to Global of 6,000,000 shares of common stock, 4,000,000 of our shares of common stock initially, 1,000,000 shares following the successful testing of the system and another 1,000,000 shares to be issued upon the successful demonstration that the JetWater System is ready for large scale production and deployment in commercial operations.

During the nine months ended September 30, 2004 the Company issued 1,000,000 shares of common stock at a par value of $0.001 per share in payment of intellectual property acquired in 2000. Since the fair market value of the stock on the date issued was $3.30 the Company was required to value the intellectual property acquired at $3,300,000 and the Company was not able to substantiate that it would be able to realize revenues to recover the investment. Therefore, the Company was required to recognize an impairment of long-lived asset of $3,300,000.

3. SEGMENT INFORMATION

The Company has adopted FAS Statement No. 131, "Disclosures about Segments of a Business Enterprise and Related Information". The Company's marketing and research and development activity is administered in two operating segments: United States and Australia.

	United States		Australia

Net Loss- June 30, 2006	$	265,363	$	315,430
June 30, 2005	$	188,076	$	939,574

Long lived assets (net)
June 30, 2006	$	0	$	27,357
June 30, 2005	$	0	$	43,205

4. SUBSEQUENT EVENTS

In July the Company issued the subscribed shares of common stock (379,000 shares for cash $151,600 and 128,610 shares for services $51,444).

In July the Company issued 763,700 shares of common stock to acquire Methgen, Inc. that holds the license for marketing and exploitation of the Hybrid Coal Gas Turbine Technology in the United States.

In July the Company issued 999,820 shares of common stock to acquired a 58% interest in Liquatech Pty Ltd. that holds the exclusive International marketing and production rights to the Hybrid Coal Gas Turbine intellectual property.

ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

PRELIMINARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Statements contained in this Plan of Operation of this Quarterly Report on Form 10-QSB include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the actual results of the Company (sometimes referred to as "we", "us" or the "Company"), performance (financial or operating) or achievements expressed or implied by such forward-looking statements not to occur or be realized. Such forward-looking statements generally are based upon the Company's best estimates of future results, general merger and acquisition activity in the marketplace, performance or achievement, based upon current conditions and the most recent results of operations. Forward-looking statements may be identified by the use of forward-looking terminology such as "may," "will," "project," "expect," "believe," "estimate," "anticipate," "intends," "continue", "potential," "opportunity" or similar terms, variations of those terms or the negative of those terms or other variations of those terms or comparable words or expressions. (See the Company's Form 10SB for a description of certain of the known risks and uncertainties of the Company.)

Overview of the Company's Business

EESTech, Inc. ("Company", "us" or "we") was incorporated and commenced operations on April 26, 2000. The Company was formed to seek out and acquire promising technologies with the intent of bringing them to commercialization. The first such technology we acquired was the JetWater System for water purification. This technology was acquired from Global Power & Water, Inc., a Nevada corporation ("Global"). As a result of the acquisition Global became our controlling shareholder. Following the acquisition of the patent rights and complete ownership of this technology, we have been working to complete development and testing of the JetWater System process. The Company acquired the JetWater System in its final stages of prototype development from Global Power & Water, Inc. ("Global") in fiscal year 2000 in exchange for issuance to Global of 6,000,000 shares of common stock, 4,000,000 of our shares of common stock initially, 1,000,000 shares following the successful testing of the system and another 1,000,000 shares to be issued upon the successful demonstration that the JetWater System is ready for large scale production and deployment in commercial operations.

To date a total of 6,000,000 of our shares of common stock have been issued to Global, following the successful independent testing of the JetWater System. The acquisition of JetWater System from Global was accounted for as a purchase of an asset for stock.

In December 2002, Aqua Dyne Australia Pty Ltd., a wholly-owned subsidiary of the Company was formed under the laws of Australia. The subsidiary had been formed to conduct the Company's operations in Australia. During the period to 30 June 2006, most of the operations were conducted in Australia.

Plan of Operations

Management's goal is to keep costs to a minimum, but to do sufficient marketing to successfully sell the JetWater System for commercial use. Now that the completion of the testing is over, the JetWater System planned activities are as follows:

	1)	initial production of the first commercial version of the JetWater System is ready to start if the Company can sell or lease the System to a commercial buyer.

	2)	continue to do demonstrations to parties that have a need for the JetWater System;

	3)	work with Global to continue to improve and modify the JetWater System; and

	4)	seek out potential joint venture partners to market the JetWater System to selective industries and territories.

There are still no assurances that we will be successful in our marketing efforts, concluding any contracts or joint venture arrangements.

Results of operations

The Company has been in the developmental stage since its inception.

Our net loss from inception (April 26, 2000) until June 30, 2006 was $10,905,000. Our net loss for the six months ended June 30 2006 was $581,000 as compared to $1,128,000 for the six months ended June 30, 2005.

Our general and administrative expenses from inception (April 26, 2000) until June 30, 2006 were $5,434,000. Our general and administrative expenses for the six months ended June 30, 2006 were $596,000 as compared to $1,081,000 for the six months ended June 30, 2005. The reduction in expenses of $485,000 was due primarily to the reduction of expenses in Australia of contract labor $332,000, wages $69,000 and consulting fees $75,000.

Our research and development expenses from inception (April 26, 2000) until June 30 2006 were $1,200,000. All costs through December 31, 2002 were related to the process of establishing the technological feasibility of the water purification system. There have been no research and development expenses in 2006 as the contract with Global for research and development came to an end in June 2005. For the six months ended June 30, 2005 the Company incurred $50,000 in accordance with the Global contract that expired as of June 30, 2005.

The Company had an impairment loss on intellectual property of $4,300,000 since inception due to the issuance of 2,000,000 shares of stock that was agreed upon when the Company acquired the intellectual property in 2000. The 2,000,000 shares issued were valued at the current market price of the stock when issued.

Liquidity and Capital Resources

The Company had a cash balance of $16,551 at June 30 2006, as compared to cash of $1,828 at December 31, 2005.

To date the Company continues to fund its operations from private placements of common shares. For the six months ended June 30, 2006 the Company issued shares for $230,964 and subscribed shares for $151,600.

ITEM 3. CONTROLS AND PROCEDURES.

Evaluation of disclosure controls and procedures. The Chief Executive Officer and Chief Financial Officer, after evaluating the effectiveness of the Company’s disclosure controls and procedures (as defined in Securities Exchange Act Rule 13a-15(e)) as of the end of the period June 30 2006, have concluded that its disclosure controls and procedures are adequate and effective to reasonably ensure that material information required to be disclosed by the company in the reports that are filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specific by Securities and Exchange Commissions’ Rules and Forms and that such information is accumulated and communicated to our Management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

Changes in Internal Control over Financial reporting.

There were no changes made during our most recently completed fiscal quarter in our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

The Chief Executive Officer and Chief Financial Officer confirm that the review of the Controls and Procedures was conducted at 30 June 2006.

PART II - OTHER INFORMATION

ITEM 1 - LEGAL PROCEEDINGS- NONE

ITEM 2 - UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Date Issued	Amount	Name of stockholder	Cash/Services	Purpose

April 7 2006	33,334	Ms K Tiarney	Cash
April 7 2006	10,000	Ms JD Hughes	Cash
April 7 2006	10,000	Ms CM Hughes	Cash
April 7 2006	10,000	Ms CK Hughes	Cash
April 7 2006	10,000	Ms LS Hughes	Cash
April 7 2006	93,334	Rhino Systems Int. P/L	Cash
April 10 2006	5,000	Mr Paul Bailey	Services	Director’s Entitlement
April 10 2006	5,000	Mr Gaylord Beeson	Services	Director’s Entitlement
April 10 2006	12,000	Ms Colleen McCafferty	Services	Consulting Contract dated January 10 2005
April 10 2006	18.073	Ms Julie Bailey	Services	Consulting Services

ITEM 3 - DEFAULTS UPON SENIOR SECURITIES- NONE

ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS -

On 15 June 2006, at a Special Meeting of Stockholders, a resolution was passed unanimously to permit an amendment to the Company’s Amended and Restated Certificate of Incorporation to change the name of the company to “EESTech, Inc”

The State of Delaware was advised and a new certificate was issued on June 26 2006

The NASD was subsequently informed and it approved the name change on July 7 2006, confirming that the new Trading symbol would be EESH.OB

The significance of this is to broaden the Company’s activities into Economically and Environmentally Sustainable Technologies

ITEM 5 - OTHER INFORMATION-

Events Subsequent to 30 June 2006

On 3 July 2006 the Board approved the following:

	(a)	The issue of 763,700 Restricted Stock to 8 Stockholders in Methgen inc. In exchange EESTech Inc received all the issued stock in Methgen Inc. This company holds a License to exploit HCGT (Hybrid Coal Gas Turbine) technology in the United States.
	(b)	The issue of 999,268 Restricted Stock to Mr Gregory Paxton and 552 Restricted stock to Global Power and Water. In exchange EESTech, inc received 1,392 shares in Liquatech Pty Ltd, This represents 58% of that company’s issued stock. Liquatech Pty Ltd holds a 50% interest in Comenergy Pty Ltd, a company that holds a world-wide License to exploit the HCGT technology. While this contractual arrangement has been executed the settlement date for the exchange of stock has been deferred by agreement between the Parties until early 2007. this is intended to facilitate the appropriate structuring of the corporate entities.

ITEM 6 - EXHIBITS

(a) Exhibits

Exhibit Number		Description

3.1		Articles of Incorporation*

3.2		Bylaws*

4.1		Form of the Stock Certificate*

4.2		Form of Subscription Agreement executed by investors in the Private Placement*

10.1		Deed of Agreement for Assignment of Intellectual Property*

10.2		Agreement for Performance of Services by Independent Contractor*

10.3		Employment Agreement with James Wilson**

10.4		Promissory Note to Global Power & Water, Inc.**

31		Certification of Chief Executive Officer and Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act

32		Certification of Chief Executive Officer and Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act

* Previously filed with the Securities and Exchange Commission on Form 10-QSB.

** Previously filed with the Securities and Exchange Commission on Form 10-KSB

(b) Reports on Form 8-K.

On July 20, 2005 Form 8-K/A was filed Item 4. Change in Registrant’s Certifying Accountant

On July 20, 2005 Form 8-K was filed Item 8.01 Other event. Appointment of Director

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Date: January 4, 2007	EESTECH, INC.

	By:	/s/ Murray Bailey
		Murray Bailey Chief Executive Officer and Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

SIGNATURE	TITLE	DATE

/s/ Murray Bailey	Chief Executive Officer and Director (PRINCIPAL EXECUTIVE OFFICER)	January 4, 2007

/s/ Murray Bailey	Chief Financial Officer (PRINCIPAL FINANCIAL OFFICER AND PRINCIPAL ACCOUNTING OFFICER)	January 4, 2007

Date: January 4, 2007		/s/ Murray Bailey
		Murray Bailey, Chief Executive Officer and Chief Financial Officer