UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly ~~Report~~Period ~~Pursuant~~Ended toMarch ~~Section~~31, 2008 TRANSITION REPORT PURSUANT TO SECTION 13 orOR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to

ofCommission ~~the~~File ~~Securities~~Number ~~Exchange Act of 1934~~0-9083

~~For~~ENERCORP, ~~the quarter ended: Commission file number:~~INC.

March 31, 2005 0-9083

Enercorp, Inc.

---------------------------------------------------------------

(Exact name of Registrant as specified in its charter)

Colorado 84-0768802

(State or other jurisdiction of (I.R.S. Employer

incorporation or organization) Identification Number)

~~32751~~23399 ~~Middlebelt~~Commerce ~~Road,~~Drive Suite B-1

Farmington Hills, MI ~~48334~~48335

(Address of principal executive offices)

Registrant's telephone number, including area code: (248) 994-0099

Indicate by check mark whether the Company (~~248~~1) ~~851-5651~~has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 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

Indicate by check mark whether the ~~Company~~registrant ~~(1)~~is ~~has~~an ~~filed~~accelerated ~~all~~filer ~~reports~~(as ~~required~~defined toin beRule ~~filed~~12b-2 ~~by Section 13 or 15(d)~~ of the ~~Securities~~ Exchange Act ~~of 1934 during the preceding 12 months and, (2~~) ~~has been subject to such filing requirements for the past 90 days:~~ Yes No X ~~No ___~~

AsIndicate ofby ~~May~~check ~~14,~~mark ~~2005~~whether the registrant is a ~~total~~shell ofcompany ~~695,897~~(as ~~shares~~defined ofin ~~common~~Rule ~~stock,~~12b-2 ~~were~~of ~~outstanding.~~the Exchange Act) Yes No X

~~Table~~The number of ~~Contents~~shares outstanding of the registrant’s common stock as of March 31, 2008 was 695,897.

1.ENERCORP, INC STATEMENTS OF ASSETS & LIABILITIES 2.ENERCORP, INC, SCHEDULE OF INVESTMENTS AT JUNE 30, 2004 3.ENERCORP, INC SCHEDULE OF INVESTMENTS AT MARCH 31, 2005 (UNAUDITED) 4.ENERCORP, INC CONSENSED STATEMENTS OF OPERATIONS (UNAUDITED) 5.ENERCORP, INC STATEMENTS OF CASH FLOWS 6. ENERCORP, INC NOTES TO CONDENSED FINANCIAL STATEMENTS 6.1.NOTE 1: INTERIM FINANCIAL STATEMENTS. 6.2.NOTE 2: INVESTMENTS RELATED –PARTY. 6.3.NOTE 3: CAPITAL STOCK TRANSACTIONS 6.4.NOTE 4: RELATED PARTY TRANSACTIONS 6.5.NOTE 5: CURRENT LIABILITIES 6.6.NOTE 6: BOARD OF DIRECTORS CHANGES. 6.7.CONTINGENCIES 6.8.ITEM 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. 6.8.1.Material Changes in Financial Condition: 6.8.2.Liquidity and Capital Resources. 6.8.3.Results of Operations. Three months ended March 31, 2005 compared to three months ended March 31, 2004. 6.8.4.Results of Operations. Nine months ended March 31, 2005 compared to nine months ended March 31, 2004. 6.9.ITEM 3: CONTROLS AND PROCEDURES. 6.10.PART II. OTHER INFORMATION 6.10.1.Item 1. Legal Proceedings 6.10.2.Item 2. Changes in Securities 6.10.3.Item 3. Defaults Upon Senior Securities 6.10.4.Item 4. Submission of Matters to a Vote of Security Holders 1.1.1.Item 5. Other information 1.1.2.Item 6. Exhibits SIGNATURE PAGE CERTIFICATION PURSUANT TO 18 USC, SECTION 1350, AS ADOPTED PURSUANT TO SECTIONS 302 AND 906 OF THE SARBANES-OXLEY ACT OF 2002 I

Item 1.: Financial Statements

~~ENERCORP~~Enercorp, ~~INC STATEMENTS OF ASSETS & LIABILITIES~~Inc.

			Unaudited
ASSETS			31-Mar-2005		30-Jun-2004
	Investments, at fair value, cost of $782,282 and $1,212,477
	at March 31, 2005 and June 30, 2004 respectively	$	518,781	$	946,164
	Prepaid Insurance		248		0
	Cash		602		417
	Total assets		519,631		946,581
LIABILITIES AND NET ASSETS
Current Liabilities
	Note Payable Related-Party		0		54,950
	Note Payable Investors		325,000		0
	Note Payable Other		30,000		30,000
	Accounts payable and accrued liabilities		40,848		13,660
	Officer salary payable		0		145,000
	Accrued management fees-related party		15,000		80,000
	Interest payable-related party		0		9,899
Total Liabilities			410,848		333,509
Net assets
	Common stock, no par value: 10,000,000 shares authorized, 695,897
	shares issued and outstanding at March 31, 2005 and June 30, 2004		1,888,251		1,888,251
	Preferred stock, no par value: 1,000,000 shares authorized, -0- issued.
	Accumulated deficit		(1,126,811)		(1,008,867)
	Unrealized net gain on investments, net of deferred income taxes at
	March 31, 2005 and June 30, 2004 respectively		(652,657)		(266,313)
			108,783		613,071
		$	519,631	$	946,581

Statements of Net Assets

The accompanying notes are an integral part of this financial statement

ASSETS	March 31, 2008 (Unaudited)	June 30, 2007

Investments, at fair value, as determined by the Board of Directors, cost of $7,750 at both March 31, 2008 and June 30, 2007	$ 5,396	$ 5,351
Cash	227	190,370
Prepaid expenses	1,767	884
Total assets	7,390	196,605

LIABILITIES
Note payable	325,000	325,000
Note payable related parties	85,032	151,964
Accounts payable and accrued liabilities	10,304	19,443
Accrued management fees-related party	3,500	67,500
Interest payable -related parties	6,026	13,687
Interest payable - other	83,458	66,318
Total liabilities	513,320	643,912
Commitments and contingencies	-	-
NET ASSETS	(505,930)	(447,307)

ANALYSIS OF NET ASSETS:
Common stock, no par value: 10,000,000 shares authorized, 695,897 shares issued and outstanding at March 31, 2008 and June 30, 2007.	1,888,251	1,888,251
Preferred stock, no par value, 1,000,000 shares authorized, zero issued and outstanding	-	-
Accumulated deficit	(2,391,826)	(2,333,158)
Net unrealized depreciation on investments	(2,355)	(2,400)
Net assets (equivalent to $(0.73) and $(0.64) per share based on 695,897 shares of common stock outstanding)	$ (505,930)	$ (447,307)

#See accompanying notes to unaudited financial statements

2Enercorp, Inc.

~~ENERCORP,~~Schedule ~~INC,~~of ~~SCHEDULE~~Investments OFas ~~INVESTMENTS~~of ATMarch ~~JUNE 30~~31, ~~2004~~ 2008

		Expiration			Share		Fair Market		Net Fair
Affiliated Companies	Description of Business	Date	Restrictions	No of Shares	Price	Cost/Equity	Value	Discount	Market Value
Common Stocks-Public Market Method of Valuation
CompuSonics Video	Digital Video Product &			1,751	0.053		92		92
	Web Site Development			10,000,000	0.053	106,477	525,000	(157,500)	367,500
Ajay Sports Inc.	Golf & Casual Furniture			294,118	0.050	600,000	14,706		14,706
				16,667	0.050	37,500	833		833
Preferred Stocks-Public Market Method of Valuation
Ajay Sports Inc.	Golf & Casual Furniture			2,000	0.050	20,000	100		100
Common Stocks-Board Appraisal Method of Valuation
Pro Golf International	Franchisor of Retail Golf Stores		a & b	74,500	4.920	195,000	366,148	(73,230)	292,918
Pro Golf. Com	Web Sales of Golf Equip		a & b	300,000	1.800	252,000	540,000	(270,000)	270,000
	Subtotal					1,210,977	1,446,879	(500,730)	946,150
Warrants and stock Options - Board Appraisal Method of Valuation
Williams Controls, Inc.	Manufacturer of sensors &
	control systems	03/12/08	b	50,000
Unaffiliated Companies
Common Stocks-Public Market Method of Valuation
Vitro Diagnostics	Diagnostic test kits			300	0.050	1,500	15		15
	Total All Companies					1,212,477	1,446,894	(500,730)	946,165
(a) No public market for this security
(b) Subject to Rule 144

(Unaudited)

The accompanying notes are an integral part of this financial statement

Description of Business		No of Shares	Price per Share	Cost/ Equity	Value before Discount	Discount	Fair Value
Affiliated Companies
Common Stocks-Public Market Method of Valuation
CompuSonics Video Corporation	Computer Software Product &	1,751	$ 0.001	$ -	$ 2	$ (1)	$ 1
	Web Site Development	9,500,000	0.001	7,600	13,300	(7,980)	5,320
				7,600	13,302	(7,981)	5,321
Unaffiliated Companies
Common Stocks-Public Market Method of Valuation

Vitro Diagnostics, Inc.	Diagnostic test kits	300	0.250	150	75	-	75

Total All Companies				$ 7,750	$ 13,377	$ (7,981)	$ 5,396

3.See accompanying notes to unaudited financial statements

~~ENERCORP~~Enercorp, ~~INC SCHEDULE OF INVESTMENTS AT MARCH 31, 2005 (UNAUDITED)~~Inc.

		Expiration			Share		Fair Market		Net Fair
Affiliated Companies	Description of Business	Date	Restrictions	No of Shares	Price	Cost/Equity	Value	Distcount	Market Value
Common Stocks-Public Market Method of Valuation
CompuSonics Video	Digital Video Product &			1,751	0.015		26		26
	Web Site Development			9,500,000	0.015	101,650	142,500	(42,750)	99,750
Ajay Sports Inc.	Golf & Casual Furniture			94,118	0.06	191,907	5,647		5,647
				16,667	0.06	37,500	1,000		1,000
Preferred Stocks-Public Market Method of Valuation
Ajay Sports Inc.	Golf & Casual Furniture			1,000	0.145	10,000	145		145
Common Stocks-Board Appraisal Method of Valuation
Pro Golf International	Franchisor of Retail Golf Stores		a & b	71,733	3.000	187,725	215,199	(43,040)	172,159
Pro Golf. Com	Web Sales of Golf Equip		a & b	300,000	1.600	252,000	480,000	(240,000)	240,000
	Subtotal					780,782	844,518	(325,790)	518,728
Warrants and stock Options - Board Appraisal Method of Valuation
Williams Controls, Inc.	Manufacturer of sensors &	03/12/08	b	50,000
	control systems
Unaffiliated Companies
Common Stocks-Public Market Method of Valuation
Vitro Diagnostics	Diagnostic test kits			300	0.18	1,500	54		54
							-
	Total All Companies					782,282	844,572	(325,790)	518,782
(a) No public market for this security
(b) Subject to Rule 144

Schedule of Investments as of June 30, 2007

The accompanying notes are an integral part of this financial statement

Description of Business		No of Shares	Price per Share	Cost/ Equity	Value before Discount	Discount	Fair Value
Affiliated Companies
Common Stocks-Public Market Method of Valuation
CompuSonics Video Corporation	Computer Software Product &	1,751	$ 0.001	$ -	$ 2	$ (1)	$ 1
	Web Site Development	9,500,000	0.001	7,600	13,300	(7,980)	5,320
				7,600	13,302	(7,981)	5,321
Unaffiliated Companies
Common Stocks-Public Market Method of Valuation

Vitro Diagnostics, Inc.	Diagnostic test kits	300	0.100	150	30	-	30

Total All Companies				$ 7,750	$ 13,332	$ (7,981)	$ 5,351

~~ENERCORP,~~See ~~INC~~accompanying ~~CONSENSED~~notes ~~STATEMENTS~~to OFunaudited ~~OPERATIONS~~financial ~~(UNAUDITED)~~statements

	Three months ended		Nine months ended
	31-Mar-2005	31-Mar-2004	31-Mar-2005	31-Mar-2004
Revenues
Gain from sale of assets	$0	$0	$8,961	$0
Refunds	$0	$773	$0	$773
Total Revenues	0	773	8,961	773
Expenses
Salary expense	0	0	0	25,000
Accounting and other professional fees	6,785	2,013	18,245	9,830
Legal fees	1,296	30	43,907	207
Management fees	7,500	7,500	32,500	22,500
Interest expense	5,610	1,280	15,146	3,631
Travel Expense	0	0	3,285	0
Other general and administrative expenses	3,638	76	6,899	1,426
	24,829	10,899	119,982	62,594
Realized loss on investments	0	(19,161)	0	(19,161)
Legal Contingency	6,923	0	6,923	0
Net gain (loss) from operations before taxes	(31,752)	(29,287)	(117,944)	(80,982)
Income taxes (Note 5)	0	0	0	0
Net gain (loss) from operations after taxes	(31,752)	(29,287)	(117,944)	(80,982)
Net unrealized gain (loss) on investments before taxes	(74,327)	(33,159)	(652,657)	93,213
Income taxes (Note 5)	0	0	0	0
Net unrealized gain (loss) on investment after taxes	(74,327)	(33,159)	(652,657)	93,213
Increase (decrease) in net assets resulting from operations	(106,079)	(62,446)	(770,601)	12,231
Increase (decrease) in net assets per share	($0.152)	($0.090)	($1.107)	$0.018

Enercorp, Inc.

~~The~~Statements ~~accompanying~~of ~~notes~~Changes ~~are~~in anNet ~~integral~~Assets ~~part of this financial statement~~(Unaudited)

	Nine months ended March 31, 2008	Nine months ended March 31, 2007
Decrease in net assets from operations:
Net investment loss	$ (58,668)	$ (111,099)
Net realized gain (loss) from investments	-	-
Net increase (decrease) in unrealized appreciation (depreciation) on investments	45	86,176

Net decrease in net assets resulting from operations	(58,623)	(24,923)
Net assets
Beginning of the period	(447,307)	(370,515)
End of the period	$ (505,930)	$ (395,438)

~~ENERCORP,~~See ~~INC~~accompanying ~~STATEMENTS~~notes OFto ~~CASH~~unaudited ~~FLOWS~~financial statements

~~Unaudited~~Enercorp, Inc.

			31-Mar-2005		30-Jun-2004
Cash flows from operating activities:
	Increase (decrease) in net assets	$	(770,601)	$	(27,200)
Adjustments to reconcile net income to net cash
provided by operating activities:
	Loss on write offs of investments		0		19,161
	Gain on sale of investments		(8,961)
	Unrealized (gain) loss on investments		652,657		(64,681)
	(Increase) Decrease in other assets		(248)		0
	Increase (Decrease) in accounts payable
	and accrued expenses		(192,711)		57,519
	Increase (Decrease) in deferred taxes		0		0
	Total adjustments		450,737		11,999
Net cash (used) by operating activities			(319,864)		(15,201)
Cash flows from investing activities:
	Sale of investments		50,000		0
Net cash provided (used) by investing
	activities		50,000		0
Cash flows from financing activities:
	Proceeds from notes payable		325,000		15,000
	Payments of notes payable		(54,950)
Net cash provided (used) by financing activities			270,050		15,000
Increase (Decrease) in cash			186		(201)
Cash, beginning of period			417		618
Cash, end of period		$	603	$	417

Statements of Operations (Unaudited)

The accompanying notes are an integral part of this financial statement

	Three months ended March 31,		Nine months ended March 31,
	2008	2007	2008	2007
REVENUES
Consulting income-related party	$ -	$ 15,000	$ -	$ 47,500
Sales commissions	-	-	-	1,670
Miscellaneous income	-	-	236	-
Total revenues	-	15,000	236	49,170

EXPENSES
Officer compensation	-	25,000	10,000	85,000
Legal, accounting & other professional fees	303	1,028	1,338	19,438
Management fees-related party	7,500	7,500	22,500	22,500
Interest expense-other	5,672	5,609	17,140	16,988
Interest expense- related parties	1,484	2,563	4,716	7,574
Other general & administrative expenses	917	3,024	3,210	8,769
Total expenses	15,876	44,724	58,904	160,269
Investment loss before income tax expense	(15,876)	(29,724)	(58,668)	(111,099)
Income taxes expense	-	-	-	-
Net investment loss	(15,876)	(29,724)	(58,668)	(111,099)

Net increase (decrease) in unrealized appreciation (depreciation) on investments, net of $0 taxes	24	46,181	45	86,176

Net increase (decrease) in net assets resulting from operations	(15,852)	16,457	(58,623)	(24,923)
Increase (decrease) in net assets per share	$ (0.023)	$ 0.024	$ (0.084)	$ (0.036)
Weighted average shares outstanding	695,897	695,897	695,897	695,897

6.See accompanying notes to unaudited financial statements

~~ENERCORP~~Enercorp, ~~INC NOTES TO CONDENSED FINANCIAL STATEMENTS~~Inc.

Statements of Cash Flows (Unaudited)

6.1.

		Nine Months Ended March 31, 2008	Nine Months Ended March 31, 2007
Cash flows from operating activities:
	Net decrease in net assets resulting from operations	$ (58,623)	$ (24,923)
Adjustments to reconcile net decrease in net
assets to net cash used in operating activities:

	Net change in unrealized appreciation on investments	(45)	(86,176)
	Increase in other assets	(883)	(1,034)
	Increase (decrease) in accounts payable
	and accrued expenses	(63,660)	101,460
	Total adjustments	(64,588)	14,250
Net cash used in operating activities		(123,211)	(10,673)

Cash flows from financing activities:
	Proceeds from notes payable	-	12,829
	Payments of notes payable	(66,932)	(2,500)
Net cash provided by (used in) financing activities		(66,932)	10,329
Net decrease in cash		(190,143)	(344)
Cash, beginning of period		190,370	1,100
Cash, end of period		$ 227	$ 756

~~NOTE~~See ~~1: INTERIM~~accompanying ~~FINANCIAL~~notes ~~STATEMENTS.~~to unaudited financial statements

~~The accompanying consolidated financial statements of~~ Enercorp, Inc ~~and Subsidiaries (“ the Company”) have been prepared by the Company without audit~~. In the opinion of the Company's management, the financial statements reflect all adjustments necessary to present fairly the results of operations for the three-months and nine-months ended March 31, 2005 and 2004; the Company's financial position at March 31, 2005 and June 30, 2004; and the cash flows for the period ended March 31, 2005 and June 30, 2004. Certain notes and other information have been condensed or omitted from the interim financial statements presented in this Quarterly Report on Form 10-Q. Therefore, these financial statements should be read in conjunction with the Company's June 30, 2004 Form 10-KSB.

~~The~~Notes ~~results~~to ~~for~~ the ~~three-month~~Unaudited ~~and~~Financial ~~nine-month ended March 31, 2005 are not necessarily indicative of future financial results.~~ Statements

6Note 1: Financial Statements.2.

~~NOTE~~The ~~2: INVESTMENTS~~financial ~~RELATED~~data ~~–PARTY~~presented herein is unaudited, but in the opinion of management reflect those adjustments necessary for a fair presentation of the results of operations and financial condition of Enercorp, Inc. Results of interim periods should not be considered indicative of results for a full year. Reference should be made to the financial statements contained in our Annual Report on Form 10-K for the year ended June 30, 2007. For purposes of this report, "Enercorp", the "Company", "we", "our", "us" or similar references mean Enercorp, Inc., unless the context requires otherwise.

~~Investments~~Note ~~consist of holdings of securities in publicly and privately held companies~~2. The Company holds its principal common stock investments in CompuSonics Video Corporation (9,501,751 shares), Ajay Sports, Inc. (110,785 common and 1,000 preferred shares), ProGolf.com (300,000 common shares) and Pro Golf International, Inc. (71,733 shares). Investments

CompuSonics Video Corporation “CPVD” is one of the biggest investees of the Company. CPVD is a publicly held corporation, which specializes in licensing its patented technology related to audio and video analog-to-digital signal compression. CPVD is currently searching new business opportunities in presenting into the NAFTA market TreeSoft CRM software for small and midsize businesses. The Company owns 9,501,751 shares of a related party, CompuSonics Video Corporation (“CPVD”), which were trading publicly at $0.~~015~~001 per share atas of March 31, ~~2005~~2008. ~~The~~Subsequent ~~Company~~to isMarch ~~taking~~31, a2008 ~~30%~~this ~~discount~~investment ~~from~~was ~~the~~trading ~~total~~at ~~FMV~~$0.0008 ofper ~~this~~share. ~~investment,~~Management ~~based~~deemed onthis ~~its~~decline ~~marketability~~to ~~and~~be ~~liquidity~~permanent. This ~~The~~investment ~~Company~~has ~~sold~~been ~~500,000~~permanently ~~shares~~written ofdown ~~common~~by ~~stock of CPVD~~$94,050 onto ~~December~~reflect ~~03,~~the ~~2004.~~significant ~~These~~decline ~~shares~~in ~~were~~its ~~sold~~fair atmarket avalue. ~~price of $0~~Mr.~~0294~~ ~~per~~Parlatore, ~~share.~~director ~~The~~of the Company, ~~recorded~~is also a ~~profit~~member of ~~$700 from~~ the ~~sale~~Board of ~~these~~Directors ~~shares~~of CPVD.

~~One~~Note ~~of the Company's investees is Ajay Sports, Inc (“ Ajay”).~~3: ~~Through~~Related ~~its~~party operating subsidiaries, including Pro Golf, Ajay is a franchisor of retail golf stores. The Company owns 110,785 shares of common stock of Ajay, which were trading at $0.06 per share at March 31, 2005 and 1,000 shares of preferred stock of Ajay valued at $0.145 per share at March 31, 2005. On December 3, 2004, the Company sold 200,000 shares of common stock of Ajay, and 1,000 shares of preferred stock of Ajay at prices respectively $0.13 per share, and $1.00 per share. The Company recorded respectively a profit of $12,000 and $830 from the sale of shares of common and preferred stock of Ajay. transactions

~~One~~Consistent ofwith ~~the~~its ~~Company's~~objective ~~other~~of ~~current~~long-term ~~investee~~capital ~~is Pro Golf International~~appreciation, ~~Inc. (PGI)~~ a ~~majority-owned~~Business ~~subsidiary~~Development ofCompany ~~Ajay~~consults ~~Sports,~~with ~~Inc.,~~its ~~which~~investees ~~was~~with ~~formed~~respect ~~during~~to ~~1999,~~obtaining ~~and~~capital ~~owns 100 % of the issued~~ and ~~outstanding~~offers ~~stock~~managerial ofassistance ~~Pro~~to ~~Golf~~selected ofbusinesses ~~America~~that, ~~Inc.~~in ~~(PGoA)~~the ~~and~~opinion ~~a majority~~ of the ~~stock~~Company's ~~of ProGolf.Com~~Management, ~~Inc.~~have ~~(PG.com). PGoA~~a issignificant ~~the~~potential ~~franchiser~~for ~~of Pro Golf Discount Retail Stores~~growth. ~~The Board of Directors Fair valued the PGI investment at $215~~Therefore,~~199~~ atby ~~March 31~~definition, ~~2005.~~this Aactivity ~~(20)%~~creates ~~discount~~related ~~was~~party ~~taken based on marketability, liquidity and the progress of PGI and its wholly owned subsidiary Pro Golf of America, Inc~~transactions. ~~(“PGoA”), reducing the Net Fair Value of this investment to $172,159.~~

OnEnercorp ~~December~~has 3,an ~~2004,~~agreement ~~the~~with ~~Company~~Acrodyne ~~sold~~Corporation ~~2,767~~to ~~shares~~pay ofa ~~common~~$2,500 ~~stock~~per ofmonth ~~PGI~~management atfee afor ~~price~~office ofspace ~~$3.00~~and ~~per~~services ~~share,~~including ~~recording~~accounting aand ~~loss~~financial ~~of $4,568 from this sale~~reporting. The ~~beneficiary~~Company ofpaid ~~shares~~$86,500 of ~~stock~~management offees ~~investees~~to ~~involved~~Acrodyne inCorporation during the ~~four~~nine-month ~~transactions~~period ~~above~~ended isMarch ~~Brian~~31, T2008. ~~Donelly,~~The ~~President~~balance of ~~ProGolf~~accrued offees ~~America~~due ~~and~~to ~~Ajay~~Acrodyne ~~Sports,~~Corporation ~~Inc.~~was ~~Terms~~$3,500 ~~and~~as ~~conditions~~ of ~~such~~March ~~transactions~~31, ~~were~~2008. ~~approved~~Acrodyne byand ~~the~~Enercorp ~~Board~~share ofthe ~~Directors~~same ~~comprised~~office ofspace aand ~~majority~~have ofcommon ~~independent directors~~ownership.

~~ProGolf.Com,~~Enercorp ~~Inc.~~made is$2,689 aand ~~Company~~$7,000 ~~formed~~of tointerest ~~help~~and ~~direct~~principal ~~traffic~~payments, torespectively, ~~its~~on ~~franchise~~the ~~stores~~note ~~and~~payable to ~~sell~~Quorum ~~golf~~Capital, ~~equipment~~Inc. ~~and~~during ~~other~~the ~~golf~~nine-~~related~~month ~~products~~period ~~and~~ended ~~services~~March ~~over~~31, ~~the Internet~~2008. ~~ProGolf.com~~Also, ~~Internet~~during ~~site~~the issame ~~becoming~~period ~~more~~Enercorp ~~popular~~made ~~and~~interest ~~helping~~payments ~~increase the sales~~ of ~~golf~~$1,981 ~~equipment~~to ~~during~~TICO, ~~the~~a ~~past~~Michigan ~~year.~~partnership, ~~The~~$2,567 ~~Board~~to ofFirst ~~Directors~~Equity ~~fair~~Corporation. ~~valued~~Terms ~~the~~and ~~investment~~conditions ~~for 300,000 shares~~ of ~~PG.Com at~~these ~~$480,000.~~notes ~~After~~were ~~careful~~approved ~~deliberation,~~by the ~~Board~~independent board of ~~Directors~~directors ~~has~~of ~~agreed~~Enercorp. toAll ~~take~~of athe ~~(50)%~~above ~~discount,~~related ~~equaling~~companies ~~$240,000.~~share ~~The~~the ~~Company~~same isoffice ~~using~~space ~~the~~with ~~total~~Enercorp ~~value~~and ofhave ~~$240,000~~common ~~for this position~~ownership.

6In addition, Enercorp made interest and principal payments of $5,138 and $59,932, respectively, on the note payable to Brett Homovec during the nine month period ended March 31, 2008.3 The Company recorded a $90,000 note payable to Brett Homovec for the services rendered during the year ended June 30, 2006. Mr. Homovec was serving as an independent consultant before his election as President and COO of the Company on June 30, 2006. He currently only serves on the Board of Directors. This note bears interest at 7%, and is payable on demand.

~~NOTE~~Note 34: ~~CAPITAL~~Liabilities ~~STOCK TRANSACTIONS~~

The ~~Company~~following ~~issued~~schedule torepresents ~~various~~detailed ~~investors~~liabilities ~~369,318~~as ~~shares~~ of 6%March ~~Cumulative Convertible Preferred Stock~~31, ~~Par~~2008 ~~Value~~and $0.88/share, on August 2, 2004. The Company received $325, 000 in cash for the newly issued Legended Preferred shares. The Legended Preferred shares were sold at a price of $0.88/per share, convertible one for one to Common stock equal to the latest NAV (Net asset Value) per common share at day’s end, June 30, ~~2004.~~2007: ~~The proceeds from this funding were used to pay off the majority of the Company’s then outstanding long past due liabilities, pay the cost of the shareholder meeting, and provide working capital.~~

Due to a change in the record date forced by the Denver District Court, these investors were denied voting rights for the shareholder meeting held on February 1, 2005.

	March 31, 2008	June 30, 2007

Notes payable	$ 325,000	$ 325,000

Notes payable-related parties
Note payable-TICO	14,000	14,000
Note payable-First Equity Corporation	23,636	23,636
Note payable-Quorum Capital	19,829	26,828
Note payable-Brett Homovec	27,567	87,500
	85,032	151,964

Accounts payable	10,304	19,443
Accrued management fees - Acrodyne	3,500	67,500
Interest payable
Interest payable-Quorum Capital	1,415	2,976
Interest payable-TICO	738	1,982
Interest payable-First Equity Corporation	1,247	2,567
Interest payable - Brett Homovec	2,626	6,162
Interest payable other	83,458	66,318
	$ 89,484	$ 80,005

The ~~Company~~notes ~~had~~payable ~~committed~~of to$325,000 ~~these~~are ~~investors~~short ~~voting~~term ~~rights~~notes inat ~~recognition~~7% ofinterest. ~~the~~The ~~capital~~creditors ~~they~~related ~~had~~to ~~invested~~these innotes ~~the~~have ~~Company.~~not ~~Unable~~demanded toany dopayments ~~so,~~on the ~~Company’s~~notes ~~Board~~nor ofthe ~~Directors~~interest inaccrued ~~agreement~~on ~~with~~ the ~~investing~~notes. ~~parties,~~These ~~converted~~investors ~~the~~are ~~recently~~willing ~~issued~~to ~~securities~~extend ~~into~~the ~~secured~~terms ~~debt~~ of ~~$325,000.~~the ~~These~~ notes, ~~are~~or ~~secured~~convert ~~by all of~~ the ~~assets~~notes ofto ~~Enercorp~~equity.

6The notes payable to related parties are all short term notes at 7% interest.4 Related parties have continuously supported the operations of Enercorp by extending the terms of the notes, and/or lending additional funds to Enercorp.

~~NOTE~~Note 45: ~~RELATED~~ ~~PARTY~~Recently ~~TRANSACTIONS~~Enacted Pronouncements

~~Consistent~~In ~~with~~February ~~its~~2007, ~~objective~~the ofFASB ~~long-term~~issued ~~capital~~SFAS ~~appreciation~~No. 159, a“The ~~Business~~Fair ~~Development~~Value ~~Company~~Option ~~consults~~for ~~with~~Financial ~~its~~Assets ~~investees~~and ~~with~~Financial ~~respect~~Liabilities- Including an amendment of FASB Statement No. 115.” This Statement permits entities to ~~obtaining~~choose ~~capital~~to measure many financial instruments and ~~offers~~certain ~~managerial~~other ~~assistance~~items toat ~~selected~~fair ~~businesses~~value that, inare ~~the~~not ~~opinion~~currently ofrequired to be measured at fair value. The objective is to improve financial reporting by providing entities with the ~~Company's~~opportunity ~~Management,~~to ~~have~~mitigate avolatility ~~significant~~in ~~potential~~reported ~~for~~earnings ~~growth~~caused by measuring related assets and liabilities differently without having to apply complex hedge accounting provisions. ~~Therefore~~This Statement is expected to expand the use of fair value measurement, ~~this~~which ~~activity~~is ~~creates~~consistent bywith ~~definition~~the ~~related~~Board’s ~~party~~long-term ~~transactions~~measurement objectives for accounting for financial instruments.

~~Enercorp~~This ~~has~~Statement ~~four~~also ~~main~~establishes ~~investees,~~presentation ~~CPVD,~~and ~~Ajay,~~disclosure ~~PGI,~~requirements ~~and~~designed ~~PG.com,~~to ~~which~~facilitate ~~became~~comparisons ~~part~~between ifentities ~~its~~that ~~portfolio~~choose ~~starting~~different inmeasurement ~~mid~~attributes ~~1980’s.~~for ~~Starting~~similar intypes ~~1990,~~of ~~Thomas~~assets Wand liabilities. ~~Itin~~This ~~became~~Statement ~~involved~~does innot ~~these~~affect ~~four~~any ~~investees~~existing ~~through~~accounting ~~officership~~literature that requires certain assets and ~~directorship~~liabilities ~~positions~~to be carried at fair value. InThis ~~April~~Statement ~~2001~~does ~~Itin~~not ~~became~~establish ~~interim~~requirements ~~Chairman,~~for ~~President~~recognizing and ~~CEO~~measuring ofdividend ~~Enercorp~~income, ~~until~~interest ~~the~~income, ~~current~~or ~~Board~~interest ofexpense. ~~Directors~~This ~~was~~Statement ~~elected~~does innot ~~September~~eliminate ~~2003.~~disclosure ~~Itin~~requirements ~~then~~included ~~resigned~~in ~~from~~other ~~all~~accounting ~~his~~standards, ~~positions~~including ~~with~~requirements ~~Enecorp~~for ~~shortly~~disclosures ~~after~~about ~~the~~fair ~~current~~value ~~Board~~measurements ofincluded ~~Directors~~in ~~took~~SFAS ~~over~~No. He157. This ~~now~~statement ~~acts~~is ~~only~~effective as aof ~~consultant~~the tobeginning ~~the~~of ~~Company~~an entity’s first fiscal year that begins after November 15, ~~and~~2007. Early ~~actively~~adoption ~~assists~~is permitted as of the ~~Board~~beginning of ~~Directors,~~the ~~using~~fiscal ~~his~~year ~~extensive~~that ~~background~~begins inon ~~management~~or before November 15, 2007. The implementation of ~~public~~SFAS ~~companies~~No. ~~including~~159 ~~two~~is ~~current~~not ~~and~~expected ~~two~~to ~~former~~have ~~investees~~a ofmaterial impact on the Company’s results of operations and financial condition.

~~CPVD~~In isDecember ~~one~~2007, of the ~~largest~~FASB ~~investees~~issued ofSFAS ~~Enercorp~~No. ~~Itin~~141(R), isBusiness ~~currently~~Combinations, ~~Chairman~~ and ~~CEO~~SFAS ofNo. ~~CPVD~~160, inNoncontrolling ~~which~~Interests ~~Itin~~in ~~holds~~Consolidated aFinancial ~~minority~~Statements. ~~beneficial~~SFAS ~~ownership~~No. ~~Itin~~141(R) isrequires ~~also~~an ~~Chairman~~acquirer ofto ~~Ajay~~measure the identifiable assets acquired, ~~Chairman~~the liabilities assumed and ~~CEO~~any ofnoncontrolling ~~PGI,~~interest ~~and~~in ~~Chairman~~the ~~and~~acquiree ~~CEO~~at oftheir ~~PG.~~fair ~~com~~values on the acquisition date, with goodwill being the ~~three~~excess ~~other~~value ~~Enercorp~~over ~~investees~~the net identifiable assets acquired. ~~Itin~~SFAS ~~may~~No. be160 ~~deemed~~clarifies tothat ~~have~~a ~~controlling~~noncontrolling interest in ~~Ajay~~a subsidiary should be reported as equity in the consolidated financial statements. ~~Itin~~The ~~also~~calculation ~~may~~of earnings per share will continue to be ~~deemed~~based on income amounts attributable to ~~have~~the ~~controlling~~parent. ~~interest~~SFAS inNo. ~~PGI~~141(R) and PGSFAS No.~~com~~ by160 ~~reason~~are effective for financial statements issued for fiscal years beginning after December 15, 2008. Early adoption is prohibited. The Company has not yet determined the effect on our consolidated financial statements, if any, upon adoption of ~~attribution~~SFAS No. 141(R) or SFAS No. 160.

~~Enercorp~~In ~~has~~December an2007, ~~agreement~~the ~~with~~FASB ~~Acrodyne~~issued ~~Corporation~~SFAS toNo. ~~pay~~160, aNoncontrolling $2Interests in Consolidated Financial Statements - an Amendment of ARB No. 51 (“SFAS 160”),~~500~~ ~~per~~which ~~month~~establishes ~~management~~accounting ~~fee~~and reporting standards for ~~office~~the ~~space~~noncontrolling ~~and~~interest ~~services~~in ~~including~~a ~~accounting~~subsidiary and for the deconsolidation of a subsidiary. SFAS No. 160 clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as equity in the consolidated financial ~~reporting~~statements. AsSFAS ofNo. ~~March~~160 31also requires consolidated net income to be reported at amounts that include the amounts attributable to both the parent and the noncontrolling interest. It also requires disclosure, ~~2005~~on the face of the consolidated statement of income, ~~balance~~of the amounts of ~~accrued~~consolidated ~~fees~~net ~~due~~income attributable to ~~Acrodyne~~the ~~Corporation~~parent ~~was~~and $to ~~15,000~~the noncontrolling interest. MrSFAS No. ~~Itin~~160 ~~has~~also provides guidance when a ~~minority~~subsidiary ~~interest~~is deconsolidated and requires expanded disclosures in ~~Acrodyne~~the consolidated financial statements that clearly identify and distinguish between the interests of the parent’s owners and the interests of the noncontrolling owners of a subsidiary. SFAS 160 is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2008. The Company is currently evaluating the impact this statement will have on its financial position and results of operations.

In ~~August~~February ~~2004~~2008, ~~Enercorp~~the ~~paid~~FASB ~~off~~issued ~~the~~FASB ~~note~~Staff ~~payable~~Position ofNo. ~~$54~~157-2,~~950~~ toEffective ~~Dearborn~~Date ~~Wheels,~~of ~~Inc,~~FASB Statement No. 157 (“~~DWI~~FSP 157-2”)., ~~Shirley~~which Bdelays the effective date of SFAS 157 for nonfinancial assets and nonfinancial liabilities. ~~Itin~~Therefore, ~~wife~~the Company has delayed application of ~~Itin~~SFAS ~~has~~157 ato ~~minority~~its ~~interest~~nonfinancial assets and nonfinancial liabilities, which include assets and liabilities acquired in ~~DWI~~connection with a business combination, goodwill, intangible assets and asset retirement obligations, until January 1, 2009. The Company is currently evaluating the impact of SFAS 157 for nonfinancial assets and liabilities on the Company's financial position and results of operations.

6In March 2008, the FASB issued SFAS No.5 161, Disclosures about Derivative Instruments and Hedging Activities (“SFAS 161”), which amends and expands the disclosure requirements of FASB Statement No. 133, Accounting for Derivative Instruments and Hedging Activities (“SFAS 133”), with the intent to provide users of financial statements with an enhanced understanding of: (a) how and why an entity uses derivative instruments; (b) how derivative instruments and related hedged items are accounted for under SFAS No. 133 and its related interpretations; and (c) how derivative instruments and related hedged items affect an entity’s financial position, financial performance and cash flows. SFAS 161 requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of and gains and losses on derivative instruments and disclosures about credit-risk-related contingent features in derivative instruments. This statement applies to all entities and all derivative instruments. SFAS 161 is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008. The Company has not yet determined the effect on our financial statements, if any, upon adoption of SFAS No. 161.

~~NOTE~~In 5:May, ~~CURRENT~~2008, ~~LIABILITIES~~the Financial Accounting Standards Board (“FASB”) issued Statement of Financial Accounting Standard (“SFAS”) No. 162, “The Hierarchy of Generally Accepted Accounting Principles,” (“SFAS 162”). SFAS No. 162 identifies the sources of accounting principles and the framework for selecting the principles used in the preparation of financial statements of nongovernmental entities that are presented in conformity with generally accepted accounting principles (GAAP) in the United States (the GAAP hierarchy). SFAS No. 162 will be effective 60 days following the SEC’s approval of the Public Company Accounting Oversight Board’s amendments to AU Section 411, “The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles.” The FASB has stated that it does not expect SFAS No. 162 will result in a change in current practice. The application of SFAS No. 162 will have no effect on the Company’s financial position, results of operations or cash flows.

~~Note~~Also ~~Payable~~in ~~Related~~May ~~Party~~2008, ~~owed~~the FASB issued SFAS No. 163, "Accounting for Financial Guarantee Insurance Contracts—an interpretation of FASB Statement No. 60" (“SFAS 163”). SFAS 163 interprets Statement 60 and amends existing accounting pronouncements to ~~Dearborn~~clarify ~~Wheels~~their application to the financial guarantee insurance contracts included within the scope of that Statement. SFAS 163 is effective for financial statements issued for fiscal years beginning after December 15, ~~Inc~~2008, ~~was~~and ~~paid~~all ~~off~~interim inperiods ~~August~~within ~~2004~~those fiscal years. ~~This~~As ~~Note~~such, ~~had~~the anCompany ~~outstanding~~is ~~balance~~required to adopt these provisions at the beginning of ~~$54~~the fiscal year ended December 31,~~950~~ as2009. The Company is currently evaluating the impact of ~~June~~SFAS 30163 on its financial statements but does not expect it to have an effect on the Company’s financial position, ~~2004~~results of operations or cash flows.

~~The~~In ~~Company~~May 2008, ~~has~~FASB aissued ~~secured~~FSP APB ~~debt of $325~~14-1,~~000~~ ~~owed~~Accounting tofor ~~several~~Convertible ~~investors~~Debt ~~who~~Instruments ~~initially~~that ~~invested~~may ~~their~~be ~~capital~~Settled in ~~the~~Cash ~~Company~~upon inConversion ~~exchange~~(Including ~~for~~Partial ~~the~~Cash ~~369~~Settlement) ("FSP APB 14-1"). FSP APB 14-1 applies to convertible debt securities that,~~318~~ ~~shares~~upon ofconversion, ~~Legended~~may ~~Preferred~~be ~~Stock~~settled ofby the ~~Company,~~issuer ~~subsequently~~fully ~~cancelled~~or partially in cash. FSP APB 14-1 ~~These~~specifies ~~notes~~that ~~bear~~issuers 7%of ~~interest~~such ~~rate,~~instruments should separately account for the liability and ~~are~~equity ~~due~~components ~~within~~in 90a ~~days~~manner ~~from~~that will reflect the ~~day~~entity's ofnonconvertible ~~their~~debt ~~issuance,~~borrowing ~~August~~rate 2,when ~~2004~~interest cost is recognized in subsequent periods. FSP APB 14-1 ~~Interest~~is ~~due~~effective onfor ~~these~~financial ~~notes~~statements ~~totals~~issued $for fiscal years after December 15,~~146~~ 2008, and ~~the~~must ~~notes~~be applied on a retrospective basis. Early adoption is not permitted. We are ~~past~~assessing ~~due~~the aspotential impact of ~~March~~this ~~31,~~FSP ~~2005~~on our convertible debt issuances.

~~The~~In ~~Company~~June 2008, ~~has~~the aFinancial ~~Note~~Accounting ~~Payable~~Standards toBoard ~~Yueh~~("FASB") ~~Yun~~issued ~~Chang~~FASB Staff Position (a"FSP") ~~member~~EITF 03-6-1, ofDetermining ~~the~~Whether ~~“Wen~~Instruments ~~Group”~~Granted in Share-Based Payment Transactions Are Participating Securities ("FSP EITF 03-6-1"). FSP EITF 03-6-1 addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting, and therefore need to be included in the ~~face~~earnings ~~amount~~allocation in computing earnings per share under the two-class method as described in SFAS No. 128, Earnings per Share. Under the guidance of $FSP 30EITF 03-6-1,~~000~~ unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents (~~Note~~whether ~~payable~~paid ~~other~~or unpaid). ~~The~~are ~~note~~participating ~~bears~~securities noand ~~interest.~~shall ~~The~~be ~~Company~~included ~~has~~in ~~made~~the nocomputation ~~payments~~of onearnings-per-share ~~this~~pursuant ~~note~~to the two-class method. FSP ~~The~~EITF ~~note~~03-6-1 ~~was~~is ~~due~~effective onfor ~~June~~financial 12statements issued for fiscal years beginning after December 15, 2008 ~~2002~~and all prior-period earnings per share data presented shall be adjusted retrospectively. Early application is not permitted. We are assessing the potential impact of this FSP on our earnings per share calculation.

~~The~~In ~~balance~~June 2008, ofFASB ~~accounts~~ratified ~~payable~~EITF ~~and~~No. ~~accrued~~07-5, ~~liabilities~~Determining ~~includes~~Whether ~~trade~~an ~~payables~~Instrument of(or ~~$25~~an Embedded Feature) Is Indexed to an Entity's Own Stock ("EITF 07-5"). EITF 07-5 provides that an entity should use a two-step approach to evaluate whether an equity-linked financial instrument (or embedded feature) is indexed to its own stock,~~702~~ including evaluating the instrument's contingent exercise and $settlement provisions. EITF 07-5 is effective for financial statements issued for fiscal years beginning after December 15,~~146~~ 2008. Early ofapplication ~~interest~~is ~~accrued~~not onpermitted. We ~~the~~are ~~secured~~assessing ~~notes. Trades~~the ~~payable~~potential ~~includes~~impact ~~mainly~~of ~~professional~~this ~~fees~~EITF ~~such~~on asour ~~legal~~financial condition and ~~accounting~~results ~~fees~~of operations.

~~The~~Note ~~balance~~6: ofSubsequent ~~$15,000 includes only the fees accrued for the nine-month period ended March 31, 2005.~~ Events

6Entry Into a Material Definitive Agreement.6.

~~NOTE~~On 6:September ~~BOARD~~29, OF2008, ~~DIRECTORS~~Enercorp, ~~CHANGES~~Inc. (“Enercorp”) entered into a binding letter of intent (the “Binding Letter of Intent”) with American Plastics Processing Products, Inc. (“AP3”) and its President, Mr. DiNello, setting forth the principal terms on which AP3 will make an investment in Enercorp. As part of this investment, Enercorp will obtain a $500,000 secured line of credit, 500,000 shares of common stock of LBO Capital Corp. 250,000 shares of common stock of EDEN Research, PLC (a publicly listed company in the United Kingdom), and $250,000 worth of AP3 common stock. In exchange, AP3 will obtain approximately 3,083,333 shares of common stock of Enercorp. The Binding Letter of Intent does not set forth all of the terms related to this transaction, and Enercorp and AP3 agree to negotiate in good faith such other terms as well as definitive documents as appropriate to evidence this transaction. Consummation of this transaction is expected to occur in January 2009.

~~None~~As conditions of this transaction, Enercorp must, among other things, use commercially reasonable efforts to become fully compliant with all federal and state laws by which it is governed, including the regulations promulgated by the Securities and Exchange Commission. Enercorp must also use commercially reasonable efforts to obtain agreements from current debt holders to convert approximately $500,000 of notes receivable from Enercorp into 2,500,000 shares of common stock of Enercorp.

6Item 2: Management's Discussion and Analysis of Financial Condition and Results of Operations.7.

~~CONTINGENCIES~~Material Changes in Financial Condition:

The ~~accompanying financial statements have been prepared assuming that the~~ Company’s ~~will~~liquidity ~~continue~~is asaffected aprimarily ~~going~~by ~~concern. As shown in~~ the ~~financial~~business ~~statements~~success, ~~for~~securities’ ~~the~~prices ~~nine-month~~and ~~period~~marketability ~~ended~~of ~~March~~its ~~31,~~investee ~~2005~~companies ~~the~~and ~~Company~~by ~~had~~the aamount ~~net~~and ~~operating~~timing ~~loss~~ of ~~$117,944,~~new ~~cash~~or ~~flows~~incremental ~~deficiency~~investments ~~from~~it ~~operations of $319~~makes,~~864,~~ aas ~~working~~well ~~capital~~as ~~deficiency~~the availability of ~~$409,998~~borrowing ~~and~~under anits ~~accumulated~~credit ~~deficit of $1,126,811~~lines.

The Company ~~did~~owns ~~not~~9,501,751 ~~earn~~shares ~~any~~of ~~revenues~~a ~~during~~related ~~the~~party, ~~quarters~~CompuSonics ~~ended~~Video ~~March 31~~Corporation, ~~2005~~which ~~and~~were ~~2004~~trading ~~and~~publicly ~~was~~at ~~mainly~~$0.001 ~~dependent~~per ~~upon~~share aas ~~related~~of ~~party~~March to31, ~~fund its working capital~~2008. ~~The~~Subsequent ~~Company's ability~~ to ~~continue~~March as31, a2008 ~~going~~this ~~concern~~investment iswas ~~partially~~trading ~~dependent~~at on$0.0008 ~~the~~per ~~sale~~share. ofManagement ~~the~~deemed ~~Company's~~this ~~investments,~~decline ~~borrowing~~to ~~against~~be ~~collateral, and bringing new investments~~permanent. This ~~The~~investment ~~financial~~was ~~statements~~permanently dowritten ~~not~~down ~~include~~by ~~any~~$94,050 ~~adjustments~~to ~~that~~reflect ~~might~~the ~~result~~significant ~~from~~decline ~~the~~in ~~outcome~~its fair ofmarket ~~this uncertainty~~value.

6Current liabilities decreased by $130,592 and net asset value decreased by $58,623 during the nine month period ended March 31, 2008.8 Net asset value per share decreased from $(0.64) to $(0.73) during this nine month period.

~~ITEM~~Liquidity ~~2: MANAGEMENT'S~~and ~~DISCUSSION~~Capital ~~AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS~~Resources.

6Currently, the Company's investment activity and operations are restricted by its limited working capital position.8 Capital required for the Company's investment activities, if available, would be generated from new investments, the sale of portfolio securities or from additional offerings of the Company's restricted and legended common stock, of which there can be no assurance of success in any such efforts.1 The ability of the Company to sell restricted portfolio held securities is dependent on market conditions over which the Company has no control. The Company had no material commitments for capital expenditures, as of March 31, 2008.

~~Material~~Results ~~Changes~~of ~~in Financial Condition:~~Operations

~~The~~Three ~~Company’s~~months ~~liquidity~~ended isMarch ~~affected primarily by the business success~~31, ~~securities~~2008 ~~prices~~compared ~~and~~to ~~marketability~~three ofmonths ~~its~~ended ~~investee~~March ~~companies and by the amount and timing of new or incremental investments it makes~~31, ~~as well as the availability of borrowing under its credit lines~~2007.

~~For~~The ~~the~~Company ~~nine-month~~had ~~period~~a ~~ending~~net ~~March~~investment ~~31,~~loss ~~2005,~~of ~~the investments value decreased by~~ $~~427~~15,~~383.~~876 ~~This change is due to sale of a portion of investments in Ajay, CPVD, and PGI~~ for the ~~total~~three ~~proceeds~~month ofperiod ~~$50,000,~~ended ~~causing~~March ~~a decrease of approximately $41~~31,~~000~~ in2008 ~~total~~as ~~fair~~compared ~~value~~to ofa ~~the~~net ~~Company’s~~investment ~~portfolio.~~loss ~~The value~~ of ~~CompuSonics Video Corporation stock decreased from~~ $~~0.053 per share at June 30~~29,724 ~~2004~~for tothe ~~$0.015~~three ~~per~~month ~~share~~period atended March 31, ~~2005~~2007. The ~~Total~~decrease ~~net~~in ~~fair~~losses ~~market~~for ~~value~~the ofthree ~~CPVD~~month ~~common~~period ~~stock~~ended ~~was $99,776 at~~ March 31, ~~2005. Fair~~2008 ~~value~~is ofmainly ~~PGI~~due ~~investment decreased from $4.915 per share at June 30, 2004~~ to ~~$3.00~~decrease ~~per~~in ~~share~~compensation atexpense ~~March~~and ~~31,~~other ~~2005.~~general ~~Total~~and ~~net~~administrative ~~fair value of PGI investment was $172,159 at March 31, 2005~~expense.

~~Current~~The ~~liabilities~~Company ~~increased~~had ~~$77,339~~no ~~from~~consulting ~~June~~income ~~30,~~for ~~2004~~this toperiod ~~March~~as ~~31,~~compared ~~2005.~~to ~~The Company received~~ $~~325~~15,000 ~~from~~of ~~various~~consulting ~~investors~~income ~~in exchange~~ for ~~368,318~~the ~~Legended~~same ~~Convertible~~period ~~Preferred~~in ~~shares of Company’s stock, subsequently cancelled~~2007. Officer ~~The~~compensation ~~Company~~decreased ~~used~~by $~~290~~25,000 ofwhen comparing the ~~proceeds~~2008 toand ~~pay~~2007 ~~outstanding~~periods ~~liabilities~~. Professional inexpense ~~August~~decreased ~~2004~~by ~~and~~$725 ~~some~~for ~~other~~this ~~operating~~period. Interest ~~expenses~~expense-related ~~including~~party ~~legal~~decreased ~~fees.~~by ~~The~~ $501,~~000~~079 ofand ~~proceeds~~other ~~from~~general ~~the~~and ~~sale~~administrative ofexpense ~~investments~~decreased ~~were used to defend the expensive lawsuit filed~~ by ~~the shareholder George Burmann~~$2,107 ~~organize~~for ~~the~~this ~~annual~~three-month ~~meeting~~period ofcompared ~~the~~to ~~shareholders, solicitation regarding~~ the ~~proxy~~same ~~contest,~~period ~~management~~last ~~fees etc~~year.

~~Net~~The ~~assets~~Company ~~value~~had ~~decreased~~$24 byand $~~504~~46,~~288~~181 ~~from~~of ~~June~~unrealized 30appreciation on investment for the three-month periods ended March 31, ~~2004~~2008 and 2007, respectively. The change is mainly due to ~~March~~Williams Controls, Inc. investment, which appreciated during the three months ended December 31, ~~2005~~2006 and was subsequently sold in June 2007.

6The Company had a $0.8023 decrease and $0.2024 increase in net assets per share for the three-month periods ended March 31, 2008 and 2007, respectively.

~~Liquidity~~Nine ~~and~~months ~~Capital~~ended ~~Resources~~March 31, 2008 compared to nine months ended March 31, 2007.

The ~~Secured~~Company ~~Note~~had ~~due~~a tonet ~~several~~investment ~~investors~~loss ~~in the amount~~ of $~~325~~58,~~000~~668 is currently past due. The Company’s Board of Directors is considering selling additional shares of the Company’s investment portfolio in order to generate sufficient cash to pay off its outstanding liabilities, and ~~cover its operation costs~~$111,099 ~~which~~for ~~increased~~the ~~significantly~~nine-month ~~due~~periods toended ~~legal~~March ~~expenses~~31, ~~shareholder~~2008 ~~meetings~~and ~~costs~~2007, ~~and the proxy contest initiated by Burmann~~respectively.

The Company ~~has~~had anno ~~issued~~consulting ~~and~~income ~~outstanding~~for ~~promissory~~this ~~note~~period ofcompared to $3047,~~000~~500 tofor ~~Wen~~the ~~Group~~same period last year. Officer ~~The~~compensation ~~validity~~decreased ofby $75,000 during the ~~Wen~~nine ~~Group~~months ~~claim~~ended isMarch ~~challenged~~31, ~~and~~2008 ~~has~~compared ~~been~~to ~~declared~~the ~~invalid~~nine ~~due~~months toended March 31, 2007. Professional fees decreased by $18,100 for the ~~fact~~nine ~~that~~months ended March 31, 2008 compared to the ~~“Wen~~same ~~Group”~~2007 ~~did~~period. Interest ~~not~~expense-related ~~fulfill~~party ~~requirements~~decreased ofby ~~its~~$2,858 ~~subscription~~and ~~agreement~~other ingeneral ~~2001~~and administrative expense decreased by $5,559 for this nine-month period compared to the same period last year.

6The Company had $45 and $86,176 of unrealized appreciation on investment for the nine-month period ended March 31, 2008 and 2007, respectively.8 The change is mainly due to Williams Controls, Inc.3 investment, which appreciated during the nine months ended December 31, 2006 and was subsequently sold in June 2007.

~~Results~~The ofCompany ~~Operations~~had a $0.084 ~~Three~~and ~~months~~$0.036 ~~ended~~decrease ~~March~~in ~~31,~~net ~~2005~~assets ~~compared~~per toshare ~~three~~for ~~months~~the nine-month periods ended March 31, ~~2004~~2008 and 2007, respectively.

~~The~~Item ~~Company~~3. ~~had~~Quantitative ~~$8,961 gain from sale of investments for the quarter ended March 31, 2005,~~ and noQualitative ~~revenues~~Disclosures ~~for~~about ~~the~~Market ~~quarter ended March 31, 2004.~~Risk

The Company recorded $6,785 and $2,013 of accounting and transfer agent expenses for the quarter ended March 31, 2005, and 2004, respectively. The increase is mainly due to transfer agent fees for this period related to the February 1, 2005 annual meeting of the shareholders.None

~~The~~Item ~~Company~~4. ~~recorded~~Controls ~~$1,296~~ and ~~$30 in legal fees for the quarter ended March 31, 2005 and 2004, respectively~~Procedures. ~~These legal expenses for the current period are due to the lawsuit filed against the Company by George Burmann.~~

~~The~~Evaluation ~~Company recorded $7,500 in management fees due to Acrodyne for each~~ of ~~the~~Disclosure ~~quarters~~Controls ~~ended March 31, 2005~~ and ~~2004.~~Procedures Enercorp has an agreement with Acrodyne to pay a $2,500 per month management fee for office space and services including accounting and financial reporting. Currently the Company has no full time employees.

~~The~~We ~~Company~~maintain ~~recorded~~disclosure ~~$5,610~~controls ofand ~~interest~~procedures ~~expense~~designed ~~on the secured notes~~ to ~~the~~provide ~~August~~reasonable ~~2004~~assurance investors, compared to $1,280 of related parties interest expense recorded for the three months ended March 31, 2004. The increase is due to the secured notes of $325,000. Interest on these notes is accrued based on a 7% rate per annum. that

~~The~~information ~~Company~~required ~~recorded~~to ~~other~~be ~~general~~disclosed ~~and~~in ~~administrative~~reports ~~expenses~~filed ofunder ~~$3,638 and $76 for~~ the ~~quarter~~Securities ~~ended~~Exchange ~~March~~Act ~~31,~~of ~~2005 and 2004~~1934, ~~respectively.~~as ~~Other~~amended ~~General~~(Exchange ~~and~~Act) ~~administrative~~is ~~expenses include telephone~~recorded, ~~postage~~processed, summarized and ~~other~~reported ~~miscellaneous~~within ~~expenses.~~the ~~The~~specified ~~increase~~time inperiods ~~these~~and ~~expenses~~accumulated ~~for~~and ~~the~~communicated ~~current~~to ~~quarter~~our ismanagement, ~~mainly~~including ~~due~~our toprincipal ~~shipping~~executive officer and ~~mailing~~principal ~~costs~~financial ~~incurred~~officer, inas ~~relation~~appropriate ~~with~~to ~~the~~allow ~~two~~timely ~~annual~~decisions ~~shareholders~~regarding ~~meetings~~required disclosure.

~~The~~Our ~~Company~~management, ~~recorded~~with athe ~~legal~~participation ~~contingency~~ of ~~$6,923.19~~Chief ~~for~~Executive ~~this~~Officer ~~quarter.~~(CEO) ~~This~~and isChief ~~due~~Financial toOfficer (CFO), evaluated the ~~consequences~~effectiveness of ~~the~~our ~~legal~~disclosure ~~fight~~controls and procedures (as defined in ~~Denver~~Rules ~~started~~13a-15(e) byor ~~George~~15d-15(e) ~~Burmann~~promulgated ~~over~~under athe ~~year~~Exchange ~~ago.~~Act) ~~The~~as ~~Company~~of ~~has~~March ~~made~~31, no2008. ~~payments~~Based on ~~this~~that ~~contingency~~evaluation, ~~still~~our ~~due~~current CEO and CFO concluded that, as of ~~May~~that 16date, ~~2005~~our disclosure controls and procedures required by paragraph (b) of Rules 13a-15 or 15d-15 were not effective at the reasonable assurance level because of the identification of material weaknesses in our internal control over financial reporting, which we view as an integral part of our disclosure controls and procedures.

The Company ~~recorded~~has annot ~~unrealized~~filed ~~loss~~ on ~~investments~~a oftimely ~~$74~~basis,~~327~~ ~~and~~certain ~~$33,159~~of ~~for~~its ~~the~~quarterly ~~quarter~~Forms ~~ended~~10-Q ~~March 31, 2005~~ and ~~2004,~~annual ~~respectively.~~Form ~~This~~10-K iswith ~~mainly due to~~ the ~~decrease~~Securities inExchange ~~fair~~Commission ~~value~~(SEC) ofwithin the ~~Company’s~~required ~~investments~~due ~~in CPVD and PGI~~dates.

~~6.8.4.~~Changes in Internal Controls

~~Results~~There ofhave ~~Operations.~~been ~~Nine~~no ~~months~~changes in the Company’s internal control over financial reporting (as such term defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the three month period ended March 31, ~~2005~~2008 ~~compared~~ to ~~nine~~which ~~months~~this ~~ended~~report ~~March~~relates 31that have materially affected, ~~2004~~or are reasonably likely to affect, the Company’s internal control over financial reporting.

~~The~~Management ~~Company~~is ~~had~~working ~~$8,961~~on ~~gain~~filing ~~from~~with ~~sale~~the ofSEC ~~investments~~all ~~for~~of the ~~nine-month~~Company’s ~~period~~past ~~ended~~due ~~March~~filings. Expected ~~31,~~improvement ~~2005,~~of cash flow will ensure that the audits and noreviews ~~revenues~~be completed on a timely basis, in order for management to file the ~~same~~reports ~~period~~by ~~ended~~the ~~March~~due ~~31,~~dates ~~2004~~imposed by the SEC rules.

~~The~~PART ~~Company recorded $0 and $25,000 of salaries to Mr~~II. ~~Itin~~OTHER ~~for the nine-month period ended March 31, 2005 and 2004, respectively. Mr. Itin resigned from all the positions held with Enercorp, Inc on September 14, 2003.~~ INFORMATION

~~The~~Item ~~Company recorded $18,245 and $9,830 of accounting and stock transaction expenses for the nine-month period ended March 31, 2005, and 2004, respectively~~1. ~~The~~Legal ~~increase is mainly due to the stock transaction costs incurred by the Company’s transfer agent during this current period. These costs are related to the two annual meetings of shareholders.~~Proceedings

~~The~~None Company recorded $43,907 and $207 in legal fees for the nine-month period ended March 31, 2005 and 2004, respectively. The increase in such expenses is related to the lawsuit filed against the Company by George Burmann.

~~The~~Item ~~Company recorded $32,500 and $22,500 in management fees for the nine-month period ended March 31, 2005 and 2004, respectively~~2. ~~The~~Unregistered ~~increase~~Sales ~~in such fees is due to a $10,000 consulting fee paid to the former general manager~~ of ~~the~~Equity ~~Company~~Securities ~~for~~and ~~the~~Use ~~month~~ of ~~August 2004. He was hired primarily to work on the Burmann lawsuit, and the shareholders meeting.~~ Proceeds

The Company recorded $15,146 and $3,631 of interest expense for the nine-month period ended March 31, 2005 and 2004, respectively. The change is due to the increase in principal related to the secured notes of $325,000. Interest on these notes is accrued based on a 7% rate per annum. None

~~The~~Item ~~Company recorded $~~3~~,285~~. ofDefaults ~~travel~~Upon ~~expense~~Senior ~~for this period related to the lawsuit filed against Enercorp by Burmann.~~ Securities

The Company recorded other general and administrative expenses of $ 6,899 and $1,426 for the nine-month period ended March 31, 2005 and 2004, respectively. Other General and administrative expenses include telephone, postage, and other miscellaneous expenses. The increase is mainly due to printing, shipping and mailing costs incurred in relation with the two annual meetings of shareholders conducted on September 10, 2004 and February 1, 2005.None

~~The~~Item ~~Company~~4. ~~recorded~~Submission ~~a legal contingency~~ of ~~$6,923.19~~Matters ~~for this quarter. This is due~~ to ~~the consequences of the legal fight in Denver started by George Burmann over~~ a ~~year~~Vote ~~ago. The Company has made no payments on this contingency still due as~~ of ~~May~~Security ~~16, 2005.~~ Holders

The Company recorded an unrealized loss on investments of $652,657 and a gain of $93,213 for the nine-month period ended March 31, 2005 and 2004, respectively. This change is due to the decrease in fair value of the Company’s investments in CPVD and PGI. None

6Item 5.9. Other information

~~ITEM 3: CONTROLS AND PROCEDURES.~~None

~~Evaluation~~Item of6. ~~Controls and Procedures~~ Exhibits

~~Company’s~~Exhibit Chief Excecutive Officer and Chief Financial officer have performed an evaluation of the Company’s disclosure controls and procedures, as that term is defined in Rules 13a-15(e) and 15d-15(e) of the Securities and Exchange Act of 1934, as amended (the “ Exchange Act”), as of the end of the period covered by the report and each has concluded that such disclosure controls and procedures are effective to ensure that the information required to be disclosed in our periodic reports filed under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified by the Securities and Exchange Commission’s rules and regulationsNo. 31.1

~~Changes~~Exhibit inNo. ~~Internal Controls~~31.2

~~There~~Exhibit ~~have~~No. been no changes in the Company’s internal control over financial reporting (as such term defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the period ended March 31, 2005 to which this report relates that have materially affected, or are reasonably likely to affect, the Company’s internal control over financial reporting32. 1

6Exhibit No.10 32.2

~~PART II. OTHER INFORMATION~~SIGNATURES

6Pursuant 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.~~10.1.~~

~~Item~~ENERCORP, ~~1. Legal Proceedings~~INC

~~6.10.1.1.~~(Registrant)

~~Bumann~~By:/s/ ~~vs.~~Majlinda ~~Enercorp, Inc~~Xhuti

~~(See~~Majlinda ~~Item~~Xhuti ~~1. Legal proceedings in the previous quarterly report.)~~

~~On March 8~~Chairman, ~~2005,~~President ~~Denver~~& District Court has awarded Burmann $6,923.18 of attorney fees. The Company has strong reasons to believe those fees should have not been awarded to Burmann. It is the opinion of the Company’s Board of Directors that Plaintiff was motivated by other than a lawful purpose, and that Plaintiff’s expressed intention to effect a change in the Company’s management was contrary to the best interest of the Company and its shareholders. (See the following Case in 6.10.1.2). In addition, Burmann has taken several actions including liens and bank garnishment in order to collect the $6,923.19. The Company has made no payments on this contingency still due as of May 16, 2005. CEO

~~6.10.1.2.~~Date: January 14, 2009

~~First~~EXHIBIT Equity Corporation, CompuSonics Video Corporation, and Enercorp, Inc vs. Target Holding B. V,a partnership(“Target A”), Target Holding B.V, a consummated Netherlands business entity (“Target B”), Senol Halfar, Dietgard Adrian, George Burmann, Dana Burmann, H.J Gullug, Halfar Consulting, and Gunnallen Financial, Inc.INDEX

The Company is a Plaintiff party in the above lawsuit filed on January 31, 2005 in the United States District Court, Eastern District of Michigan, Southern Division. The Complaint alleges Fraud, Conspiracy, Breach of Contract, Defamation and Breach of Settlement Agreement and Mutual Release, and Violations of Securities Law.

Exhibit No.		Identification of Exhibit
31.1		Certification of Majlinda Xhuti, Chief Executive Officer of the Company, pursuant to Rules 13a-14(a) and 15d-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2		Certification of Majlinda Xhuti, Chief Financial Officer of the Company, pursuant to Rules 13a-14(a) and 15d-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1		Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

32.2		Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

~~Defendant,~~EXHIBIT ~~Target A, initially established, in 2001, a securities account with Defendant, Gunnallen Financial, which account was managed by Defendant George Burmann~~31. The purpose of this account was to receive shares of CPVD common stock from Plaintiff, First Equity Corporation and other CPVD shareholders, so Target A could receive approximately 32 million of such shares, pay Plaintiff, First Equity, and others, if any, for shares at prices ranging from one cent to two cents per share, so that those shares of CPVD could then be sold by Defendants Halfar, Burmann, and Gunallen for higher prices in the market for the purpose of realizing profits on behalf of Target A and raising equity capital for CPVD. 1

~~Defendants~~Certification ~~used~~pursuant ~~a second entity in the Netherlands, Target B, with different owner, from Target A without informing Plaintiffs First Equity, CPVD, and Enercorp and without paying fully for stock delivered~~ to ~~George~~Section ~~Burmann~~302 ~~and Gunallen for the account~~ of ~~Target A. Burmann, Halfar, and Gunallen failed to provide requested information to First Equity, CPVD, Harald Engels, providing false pretexts and accuses. To~~ the ~~best~~Sarbanes-Oxley ofAct ~~the Plaintiffs knowledge and belief, Defendants were able to sell over one million U.S dollars worth~~ of ~~CPVD~~2002 ~~stock,~~by ~~which~~Chief ~~Plaintiffs~~Executive ~~had tendered to the said Gunallen account in absolute good faith.~~ Officer

~~Defendants diverted and converted the profits of sale of CPVD stock to Target B~~I, ~~Halfar,~~Majlinda ~~George~~Xhuti ~~Burmann,~~certify and others in order to defraud their partner in Target A, Engels and First Equity, and CPVD. Upon information and belief, defendants utilized the wrongfully diverted profits to launch and to help finance a scheme to take over Enercorp, and to help finance litigation that: ~~they brought in the name of George Burmann against Enercorp in Denver, Colorado for purposes of attempting to take over Enercorp to the detriment of First Equity, CPVD, and the Enercorp shareholders.~~

~~Plaintiffs~~1. I have ~~requested~~reviewed inthis ~~whatever~~Quarterly ~~amount~~Report ~~the~~on ~~Court~~Form ~~deems~~10-Q ~~appropriate,~~of ~~together with exemplary and/or punitive damages~~Enercorp, ~~costs, interest, and actual reasonable attorney fees, as permitted by law for their wrongful acts, and their willful, wanton misconduct~~Inc.

~~6.10.~~2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

~~Item 2~~3. ~~Changes~~Based on my knowledge, the financial statements, and other financial information included in ~~Securities~~this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

~~None~~4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

~~6.10.3.~~(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

~~Item~~(b) 3.Designed ~~Defaults~~such ~~Upon~~internal ~~Senior~~control ~~Securities~~over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

~~None~~(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

~~6.10.4.~~(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

~~Item 4~~5. ~~Submission~~The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of ~~Matters~~internal control over financial reporting, to athe ~~Vote~~registrant’s auditors and the audit committee of ~~Security~~the ~~Holders~~registrant’s board of directors (or persons performing the equivalent functions):

On(a) ~~February~~All 1,significant ~~2005~~deficiencies ~~Enercorp~~and ~~held~~material ~~its~~weaknesses ~~2004~~in ~~Annual~~the ~~Meeting~~design ofor ~~Shareholders~~operation atof ~~its~~internal ~~corporate~~control ~~headquarters~~over infinancial ~~Farmington~~reporting ~~Hills,~~which ~~Michigan.~~are ~~Enercorp’s~~reasonably ~~management~~likely ~~prevailed~~to inadversely affect the ~~proxy~~registrant’s ~~solicitation~~ability ~~initiated~~to byrecord, ~~George Burmann~~process, asummarize ~~6.5%~~and ~~Shareholder~~report ~~from~~financial ~~Florida..~~information; ~~(See Attached Report on Form 8-K filed on February 2, 2005.)~~ and

~~The~~(b) ~~following~~Any ~~proposals~~fraud, ~~were~~whether ~~submitted~~or tonot material, that involves management or other employees who have a ~~vote~~significant ofrole ~~security~~in ~~holders.~~the registrant’s internal control over financial reporting.

1.Date: January 14, 2009

~~PROPOSAL~~/s/ ~~NO. 1:~~Majlinda toXhuti ~~elect~~Chief ~~three~~Executive ~~Directors to serve until the next Annual Meeting of Shareholders and until their successors have been elected and qualified.~~Officer

2EXHIBIT 31.2

~~PROPOSAL~~Certification ~~NO. 2:~~ pursuant to ~~ratify~~Section ~~the~~302 ~~appointment~~ of ~~JL Stephan & Co. P.C. as~~ the ~~independent~~Sarbanes-Oxley ~~registered~~Act ~~auditors~~ of ~~the Company for the fiscal year ended June 30, 2005. The fees paid to the independent registered auditors for the fiscal years ended June 30,~~ 2002, ~~2003,~~by ~~2004~~Chief ~~are~~Financial disclosed in the accompanied Proxy Statement in the section “Proposal Number Two –Ratification of the Appointment of the Company’s Independent Registered Auditors”. (Passage of this Proposal requires the affirmative vote of the majority of the Company’s issued and outstanding shares entitled to vote on this Proposal.) Officer

3.I, Majlinda Xhuti, certify that:

~~PROPOSAL NO~~1. 3: toI ~~amend~~have ~~its~~reviewed ~~Articles~~this ofQuarterly ~~Incorporation~~Report ~~to reduce the voting requirement for approval of certain actions from two-thirds to a majority of the Common Stock and Preferred Stock entitled to vote~~ on ~~the~~Form ~~action. (Passage of this Proposal requires the affirmative vote of two~~10-~~thirds~~Q of ~~the~~Enercorp, ~~Company’s issued and outstanding shares entitled to vote on this Proposal~~Inc.)

42. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

~~PROPOSAL NO~~3. 4: toBased ~~authorize~~on ~~the~~my ~~Company~~knowledge, ~~to change~~ the ~~nature~~financial ofstatements, ~~its business~~ and ~~withdraw~~other ~~its~~financial ~~status~~information asincluded ain ~~Business~~this ~~Development~~report, ~~Company~~fairly ~~under~~present ~~the~~in ~~Investment~~all ~~Company~~material ~~Act~~respects ofthe ~~1940~~financial condition, asresults ~~amended. (Passage~~ of ~~this~~operations ~~Proposal~~and ~~requires~~cash ~~the~~flows ~~affirmative vote~~ of the ~~majority~~registrant as of, ~~the Company’s issued~~ and ~~outstanding~~for, ~~shares~~the ~~entitled~~periods topresented ~~vote~~in on this ~~Proposal.)~~report;

54. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

~~Such~~(a) ~~other~~Designed ~~business~~such asdisclosure ~~may~~controls ~~properly~~and ~~come~~procedures, ~~before~~or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the ~~Meeting~~registrant, orincluding ~~any~~its ~~adjournment~~consolidated orsubsidiaries, ~~adjournments~~is ~~thereof.~~made known to us by others within those entities, particularly during the period in which this report is being prepared;

~~Shareholders~~(b) ~~approved~~Designed ~~Proposal~~such 1.internal ~~Reelected~~control toover ~~the~~financial ~~Board of Directors were James C. Sargent~~reporting, anor ~~attorney~~caused ~~and~~such ~~former~~internal U.control S.over ~~Securities~~financial ~~and~~reporting ~~Exchange~~to ~~(SEC)~~be ~~Commissioner~~designed ~~and~~under ~~former~~our ~~Regional~~supervision, ~~Administrator~~to ofprovide ~~the~~reasonable ~~New~~assurance ~~York~~regarding ~~Regional Office of~~ the ~~SEC;~~reliability ~~Dr. Jeffrey E. Rautio~~ of ~~Livonia~~financial ~~MI;~~reporting and ~~Salvatore~~the M.preparation ~~Parlatore, MBA, Brand Manager, Whirlpool Corp. and a resident~~ of ~~Stevensville~~financial ~~MI.~~statements ~~These~~for ~~directors~~external ~~will~~purposes ~~serve~~in ~~the~~accordance ~~Company~~with ~~until~~generally ~~their~~accepted ~~successors~~accounting ~~are duly elected and qualified.~~ principles;

~~Shareholders~~(c) ~~ratified~~Evaluated ~~appointment~~the effectiveness of ~~Enercorp~~the registrant’s ~~independent~~disclosure ~~auditors~~controls ~~(Proposal~~and ~~2),~~procedures and ~~disapproved~~presented ~~amending~~in ~~the~~this ~~Company’s~~report ~~Articles~~our ofconclusions ~~Incorporation~~about tothe ~~require~~effectiveness 50of ~~percent~~the ~~shareholder~~disclosure ~~approval~~controls ~~for~~and ~~certain~~procedures, ~~actions~~as ~~(Proposal~~of ~~3). Shareholders~~the ~~also~~end ~~denied~~of ~~Management’s~~the ~~request~~period tocovered ~~withdraw~~by ~~from~~this ~~regulations~~report asbased aon ~~Business~~such ~~Development~~evaluation; ~~Company (BDC) (Proposal 4).~~ and

~~Dissident~~(d) ~~Shareholder~~Disclosed ~~George~~in ~~Burmann,~~this areport ~~German~~any ~~citizen~~change ~~residing~~ in ~~Florida, left halfway through~~ the ~~Annual~~registrant’s ~~Meeting~~internal ~~with~~control ~~his~~over ~~Colorado~~financial ~~attorney~~reporting ~~and~~that ~~another~~occurred ~~shareholder.~~during ~~They declined to wait until~~ the ~~final~~registrant’s ~~proxy~~most ~~tabulations~~recent ~~were~~fiscal ~~calculated~~quarter ~~by ADP~~ (~~Automatic~~the ~~Data~~registrant’s ~~Processing,~~fourth ~~Inc.)~~fiscal ~~but~~quarter ~~not certified~~ in ~~time~~the tocase ~~determine~~of ifan aannual ~~quorum~~report) ~~was~~that ~~present~~has inmaterially ~~order to conduct the Annual Meeting. Ironically~~affected, ~~after~~or ~~Burmann~~is ~~left,~~reasonably ~~ADP~~likely ~~did~~to ~~report~~materially ~~a change in tabulations from 3:00pm of January 31~~affect, ~~2005,~~the ~~but~~registrant’s ~~added~~internal acontrol ~~few~~over ~~shares~~financial inreporting; ~~favor of Burmann.~~and

~~Despite~~5. ~~discussion~~The ~~over~~registrant’s ~~legality~~other ofcertifying ~~several~~officer ~~groups~~and I have disclosed, based on our most recent evaluation of ~~proxies~~internal control over financial reporting, ~~Management~~to ~~would~~the ~~have~~registrant’s ~~won~~auditors byand ~~any~~the ~~method~~audit ~~used~~committee byof the ~~independent~~registrant’s ~~Inspector~~board of ~~Elections~~directors to(or ~~count~~persons performing the ~~final~~equivalent ~~tally.~~functions):

~~Burmann and Senol Halfar from Germany, named Defendants in~~ (a) ~~lawsuit~~All ~~filed~~significant ondeficiencies ~~January 31, 2005 by Enercorp, Inc.~~ and ~~other~~material ~~parties~~weaknesses in ~~Eastern~~the ~~District~~design ofor ~~Michigan,~~operation ~~Southern~~of ~~Division,~~internal ~~United~~control ~~States~~over ~~District~~financial ~~Court~~reporting inwhich ~~Detroit~~are ~~(Case~~reasonably ~~Number~~likely ~~2:05CV70341)~~to ~~accepted~~adversely ~~service~~affect ~~from~~ the ~~process~~registrant’s ~~server~~ability ~~upon~~to ~~their arrival at the Annual Meeting. “The Complaint alleges Fraud~~record, ~~Conspiracy~~process, ~~Breach~~summarize ~~of Contract, Defamation~~ and ~~Breach~~report offinancial ~~Settlement~~information; ~~Agreement~~ and ~~Mutual Release, and Violations of Securities Law. (See Item 1. Legal Proceedings. 6.9.1.2.)~~

1(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.~~1.1.~~

~~Item~~Date: 5.January ~~Other~~14, ~~information~~2009

~~None~~/s/ Majlinda Xhuti Chief Financial Officer

1EXHIBIT 32.1~~.2.~~

~~Item~~Certification 6of Chief Executive Officer pursuant to 18 U.S.C. ~~Exhibits~~Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

~~None~~ I, , Chief Executive Officer of Enercorp, Inc. (“the Company”), hereby certify pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

1.2.


	1.	the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2008, to which this statement is furnished as an exhibit (the “Report”), fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

	2.	the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

~~1.3.~~Dated: January 14, 2009

~~SIGNATURE~~/s/Majlinda ~~PAGE~~Xhuti. Chief Executive Officer

~~Form~~EXHIBIT ~~10-Q~~32.2

~~For~~Certification ~~the~~of ~~quarter~~Chief ~~ended~~Financial ~~March~~Officer 31pursuant to 18 U.S.C. Section 1350, ~~2005~~as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

~~SIGNATURES~~ I, Majlinda Xhuti, Chief Financial Officer of Enercorp, Inc. (“the Company”), hereby certify pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

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.


	1.	the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2008 to which this statement is furnished as an exhibit (the “Report”), fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

	2.	the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

~~ENERCORP~~Dated: January 14, ~~INC~~2009

~~(Registrant)~~/s/Majlinda Xhuti. Chief Financial Officer

By:/s/ James C. Sargent

James C. Sargent

Chairman, President and CEO

Date: May 13, 2005

CERTIFICATION PURSUANT TO 18 USC, SECTION 1350, AS ADOPTED PURSUANT TO SECTIONS 302 AND 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Enercorp, Inc. (the "Company") on Form 10-Q for the quarter ended March 31, 2005(the "Report"), as filed with the Securities and Exchange Commission on the date hereof, we, James C. Sargent, President and Majlinda Xhuti, Chief Financial Officer of the Company, certify to the best of our knowledge, pursuant to 18 USC 1350, as adopted pursuant to Sec.302 and promulgated as 18 USC 1350 pursuant to Sec.906 of the Sarbanes-Oxley Act of 2002, that:

The Report referenced above has been read and reviewed by the undersigned.

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934.

The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

Based upon our knowledge, the Report referenced above does not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in light of the circumstances under which such statements were made, not misleading.

Based upon our knowledge, the financial statements, and other such financial information included in the Report, fairly present in all material respects the financial condition and results of operations of the Company as of, and for, the periods presented in the Report.

We acknowledge that the Chief Executive Officer and Chief Financial Officer:

are responsible for establishing and maintaining "disclosure controls and procedures" for the Company;

have designed such disclosure controls and procedures to ensure that material information is made known to us, particularly during the period in which the Report was being prepared;

have evaluated the effectiveness of the Company's disclosure controls and procedures as of the end of the period covered by the Report; and

have presented in the Report our conclusions about the effectiveness of the disclosure controls and procedures based on the required evaluation.

have disclosed to the issuer's auditors and to the audit committee of the Board of Directors of the Company (or persons fulfilling the equivalent function):

(1)

all significant deficiencies in the design or operation of internal controls which could adversely affect the Company's ability to record, process, summarize, and report financial data and have identified for the Company's auditors any material weaknesses in internal controls; and

(2)

any fraud, whether or not material, that involves management or other employees who have a significant role in the issuer's internal controls; and

f) have indicated in the Report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

/s/James C. Sargent

Chairman, President and CEO

/s/ Majlinda Xhuti

Chief Financial Officer

Dated: May 13, 2005

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