UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): March 8, 2006

                             ADVANCE NANOTECH, INC.
             (Exact name of registrant as specified in its charter)



          Colorado                    011-15499              20-1614256
         ---------                    ---------              ----------
(State or other jurisdiction        (Commission           (I.R.S. Employer
      of incorporation)              File Number)        Identification No.)


600 Lexington Avenue, 29th Floor, New York, NY                     10022
----------------------------------------------                     -----
   (Address of principal executive offices)                      (Zip Code)


       Registrant's telephone number, including area code: (212) 583-0080

                                 Not Applicable
          (Former name or former address, if changed since last report)

Item 4.01 Changes in Registrant's Certifying Accountant

(a) Advance Nanotech, Inc.'s current audit engagement partner recently left Hall
and Company,  CPAs, and joined another independent  registered public accounting
firm.  Advance Nanotech,  Inc. believes this partners' intimate knowledge of the
companies'  operations from inception merits a transition to the new firm he has
joined.

Advance  Nanotech,  Inc. has not had,  throughout its relationship with Hall and
Company, CPAs, any disagreements on matters of accounting, financial disclosure,
accounting principles or practices or auditing scope or procedure;  nor has Hall
and Company,  CPAs,  currently or in the past, resigned or declined to stand for
re-election.

The  financial  statements  audited by Hall & Company,  CPAs,  Inc. for the year
ended  December 31, 2004 do not contain an adverse  opinion or a  disclaimer  of
opinion but contained an uncertainty about Advance  Nanotech,  Inc.'s ability to
continue as a going concern.

Advance Nanotech, Inc. has requested that Hall & Company, CPAs, Inc. address a
letter to the Securities and Exchange Commission concurring with the above
representation. A copy of such letter, dated March 10, 2006 is filed herewith as
Exhibit 16.1.

The Audit  Committee and Board of Directors  approved the change in  independent
registered  public  accounting firms as of March 8, 2006, and the board ratified
the appointment on March 10, 2006, of Mendoza Berger and Company, LLP.

(b) On March 8, 2006, the prior  independent  registered public accounting firm,
Hall & Company, CPAs, Inc. was dismissed.

The new firm is:
Mendoza Berger & Company, LLP
Certified Public Accountants
5500 Trabuco Rd.
Suite 150
Irvine, CA 92620-5705

Mendoza  Berger & Company,  LLP was not  consulted  prior to  engagement  on any
specific accounting matter either completed or proposed.



<PAGE>



Item 9.01. Financial Statements and Exhibits.

The following exhibit is included as part of this report:



(c) Exhibits.

     Exhibit No.     Description
     -----------     -----------

     16.1         Letter from Hall & Company CPAs,  Inc. to the  Securities  and
                  Exchange Commission.



                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date: March 13, 2006

                             ADVANCE NANOTECH, INC.





                          By: /s/ Magnus R. E. Gittins
                             ---------------------------------
                             Magnus R. E. Gittins
                             Chief Executive Officer
{"company-data": {"conformed-name": "Advance Nanotech, Inc.", "cik": "0000354699", "assigned-sic": "6799", "irs-number": "840820529", "state-of-incorporation": "CO", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-10065", "film-number": "06682569"}, "business-address": {"street1": "600 LEXINGTON AVENUE", "street2": "29TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10022", "phone": "(212) 583-0080"}, "mail-address": {"street1": "600 LEXINGTON AVENUE", "street2": "29TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10022"}, "former-company": [{"former-conformed-name": "DYNAMIC I-T INC", "date-changed": "19990830"}, {"former-conformed-name": "COLORADO GOLD & SILVER INC", "date-changed": "19920703"}]}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): March 8, 2006

                             ADVANCE NANOTECH, INC.
             (Exact name of registrant as specified in its charter)

          Colorado                    011-15499              20-1614256
         ---------                    ---------              ----------
(State or other jurisdiction        (Commission           (I.R.S. Employer
      of incorporation)              File Number)        Identification No.)

600 Lexington Avenue, 29th Floor, New York, NY                     10022
----------------------------------------------                     -----
   (Address of principal executive offices)                      (Zip Code)

       Registrant's telephone number, including area code: (212) 583-0080

                                 Not Applicable
          (Former name or former address, if changed since last report)

Item 4.01 Changes in Registrant's Certifying Accountant

(a) Advance Nanotech, Inc.'s current audit engagement partner recently left Hall
and Company,  CPAs, and joined another independent  registered public accounting
firm.  Advance Nanotech,  Inc. believes this partners' intimate knowledge of the
companies'  operations from inception merits a transition to the new firm he has
joined.

Advance  Nanotech,  Inc. has not had,  throughout its relationship with Hall and
Company, CPAs, any disagreements on matters of accounting, financial disclosure,
accounting principles or practices or auditing scope or procedure;  nor has Hall
and Company,  CPAs,  currently or in the past, resigned or declined to stand for
re-election.

The  financial  statements  audited by Hall & Company,  CPAs,  Inc. for the year
ended  December 31, 2004 do not contain an adverse  opinion or a  disclaimer  of
opinion but contained an uncertainty about Advance  Nanotech,  Inc.'s ability to
continue as a going concern.

Advance Nanotech, Inc. has requested that Hall & Company, CPAs, Inc. address a
letter to the Securities and Exchange Commission concurring with the above
representation. A copy of such letter, dated March 10, 2006 is filed herewith as
Exhibit 16.1.

The Audit  Committee and Board of Directors  approved the change in  independent
registered  public  accounting firms as of March 8, 2006, and the board ratified
the appointment on March 10, 2006, of Mendoza Berger and Company, LLP.

(b) On March 8, 2006, the prior  independent  registered public accounting firm,
Hall & Company, CPAs, Inc. was dismissed.

The new firm is:
Mendoza Berger & Company, LLP
Certified Public Accountants
5500 Trabuco Rd.
Suite 150
Irvine, CA 92620-5705

Mendoza  Berger & Company,  LLP was not  consulted  prior to  engagement  on any
specific accounting matter either completed or proposed.
Item 9.01. Financial Statements and Exhibits.

The following exhibit is included as part of this report:

(c) Exhibits.

     Exhibit No.     Description
     -----------     -----------

     16.1         Letter from Hall & Company CPAs,  Inc. to the  Securities  and
                  Exchange Commission.

                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date: March 13, 2006

                             ADVANCE NANOTECH, INC.

                          By: /s/ Magnus R. E. Gittins
                             ---------------------------------
                             Magnus R. E. Gittins
                             Chief Executive Officer