UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 [GRAPHIC OMITTED] FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: November 15, 2006 ORSUS XELENT TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 000-117718 20-11998142 (State of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 12th Floor, Tower B, Chaowai MEN Office Building 26 Chaowai Street, Chaoyang Disc. Beijing, People's Republic Of China 100020 (Address of principal executive offices, including zip code) 86-10-85653777 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION On November 15, 2006, the Company issued a press release reporting its financial results for the quarter ended September 30, 2006. A copy of this press release is being furnished as Exhibit 99.1 to this Current Report on form 8-K. ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS (a) Financial statements of businesses acquired: Not Applicable. (b) Pro forma financial information: Not Applicable. (c) Exhibits: 99.1 Press Release of Orsus Xelent Technologies, Inc., dated November 15, 2006, which is being furnished, not filed, pursuant to Item 2.02 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ORSUS XELENT TECHNOLOGIES, INC. By: /s/ Wang Xin --------------------------- Wang Xin Chief Executive Officer DATED: November 15, 2006 EXHIBIT INDEX Exhibit Number Description of Exhibit - -------------- ---------------------------------------------------------------- 99.1 Press Release of Orsus Xelent Technologies, Inc. dated November 15, 2006