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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 aFA/GK+e/eGrmlgzEA+9hA==

<SEC-DOCUMENT>0001144204-04-016736.txt : 20041022
<SEC-HEADER>0001144204-04-016736.hdr.sgml : 20041022
<ACCEPTANCE-DATETIME>20041022153601
ACCESSION NUMBER:		0001144204-04-016736
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040924
FILED AS OF DATE:		20041022
DATE AS OF CHANGE:		20041022

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			QT 5 INC
		CENTRAL INDEX KEY:			0000932127
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				721148906
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0603

	BUSINESS ADDRESS:	
		STREET 1:		5655 LINDERO CANYON ROAD
		STREET 2:		SUITE 120
		CITY:			WESTLAKE VILLAGE
		STATE:			CA
		ZIP:			91362
		BUSINESS PHONE:		(866) 508-8378

	MAIL ADDRESS:	
		STREET 1:		5655 LINDERO CANYON ROAD
		STREET 2:		SUITE 120
		CITY:			WESTLAKE VILLAGE
		STATE:			CA
		ZIP:			91362

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MONEYZONE COM
		DATE OF NAME CHANGE:	20000120

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EBONLINEINC COM
		DATE OF NAME CHANGE:	19990715

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CERX VENTURE CORP
		DATE OF NAME CHANGE:	19981116

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OWENS TIMOTHY J
		CENTRAL INDEX KEY:			0001213618

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25022
		FILM NUMBER:		041091868

	BUSINESS ADDRESS:	
		STREET 1:		5655 LINDERO CANYON ROAD
		STREET 2:		SUITE 120
		CITY:			WESTLAKE VILLAGE
		STATE:			CA
		ZIP:			91360
		BUSINESS PHONE:		8183381517

	MAIL ADDRESS:	
		STREET 1:		5655 LINDERO CANYON ROAD
		STREET 2:		SUITE 120
		CITY:			WESTLAKE VILLAGE
		STATE:			CA
		ZIP:			91360
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v07724_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-09-24</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000932127</issuerCik>
        <issuerName>QT 5 INC</issuerName>
        <issuerTradingSymbol>QTFI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001213618</rptOwnerCik>
            <rptOwnerName>OWENS TIMOTHY J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O QT 5, INC. 5655 LINDERO CANYON ROAD</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 106</rptOwnerStreet2>
            <rptOwnerCity>WESTLAKE VILLAGE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>91362</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-09-24</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>100000000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>127606049</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Warrant</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.70</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2003-06-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>128000</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2003-06-10</value>
            </exerciseDate>
            <expirationDate>
                <value>2008-06-09</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>128000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Issued in lieu of $50,000 payment against Note Payable</footnote>
        <footnote id="F2">Warrants issued pursuant to an Employment Agreement entered into by to Reporting Person to act as Chief Executive Officer of
 the Issuer</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Timothy J. Owens</signatureName>
        <signatureDate>2004-10-22</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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