SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
             TO RULES 13d-1 (b) (c), AND (d) AND AMENDMENTS THERETO
                          FILED PURSUANT TO RULE 13d-2

                           New Century Companies, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, $0.10 par value per share
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    64353N306
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                                February 9, 2009
--------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
      |_| Rule 13d-1(b)
      |X| Rule 13d-1(c)
      |_| Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).



================================================================================
CUSIP No. 64353N306                     13G
================================================================================
1.    NAME OF REPORTING PERSONS
      S.S. NO. OF ABOVE PERSONS

      Richard Smithline
--------------------------------------------------------------------------------
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                   (a) |_|
                                                                         (b) |X|

--------------------------------------------------------------------------------
3.    SEC USE ONLY


--------------------------------------------------------------------------------
4.    CITIZENSHIP OR PLACE OF ORGANIZATION

      United States
--------------------------------------------------------------------------------
               5.    SOLE VOTING POWER

                     1,147,962*
               -----------------------------------------------------------------
  NUMBER OF    6.    SHARED VOTING POWER
   SHARES
 BENEFICIALLY        0
  OWNED BY     -----------------------------------------------------------------
    EACH       7.    SOLE DISPOSITIVE POWER
  REPORTING
   PERSON            1,147,962*
    WITH       -----------------------------------------------------------------
               8.    SHARED DISPOSITIVE POWER

                     0
--------------------------------------------------------------------------------
9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      1,147,962*
--------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   |_|


--------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

      7.5%*
--------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

      IN
--------------------------------------------------------------------------------



================================================================================
CUSIP No. 64353N306                     13G
================================================================================
1.    NAME OF REPORTING PERSONS
      S.S. NO. OF ABOVE PERSONS

      Centrecourt Asset Management LLC
--------------------------------------------------------------------------------
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                   (a) |_|
                                                                         (b) |X|

--------------------------------------------------------------------------------
3.    SEC USE ONLY


--------------------------------------------------------------------------------
4.    CITIZENSHIP OR PLACE OF ORGANIZATION

      United States
--------------------------------------------------------------------------------
               5.    SOLE VOTING POWER

                     1,147,962*
               -----------------------------------------------------------------
  NUMBER OF    6.    SHARED VOTING POWER
   SHARES
 BENEFICIALLY        0
  OWNED BY     -----------------------------------------------------------------
    EACH       7.    SOLE DISPOSITIVE POWER
  REPORTING
   PERSON            1,147,962*
    WITH       -----------------------------------------------------------------
               8.    SHARED DISPOSITIVE POWER

                     0
--------------------------------------------------------------------------------
9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      1,147,962*
--------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   |_|


--------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

      7.5%*
--------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

      IA
--------------------------------------------------------------------------------



================================================================================
CUSIP No. 64353N306                     13G
================================================================================
1.    NAME OF REPORTING PERSONS
      S.S. NO. OF ABOVE PERSONS

      CAMOFI Master LDC
--------------------------------------------------------------------------------
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                   (a) |_|
                                                                         (b) |X|

--------------------------------------------------------------------------------
3.    SEC USE ONLY


--------------------------------------------------------------------------------
4.    CITIZENSHIP OR PLACE OF ORGANIZATION

      Cayman Islands
--------------------------------------------------------------------------------
               5.    SOLE VOTING POWER

                     1,122,462*
               -----------------------------------------------------------------
  NUMBER OF    6.    SHARED VOTING POWER
   SHARES
 BENEFICIALLY        0
  OWNED BY     -----------------------------------------------------------------
    EACH       7.    SOLE DISPOSITIVE POWER
  REPORTING
   PERSON            1,122,462*
    WITH       -----------------------------------------------------------------
               8.    SHARED DISPOSITIVE POWER

                     0
--------------------------------------------------------------------------------
9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      1,122,462*
--------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   |_|


--------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

      7.3%*
--------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

      OO
--------------------------------------------------------------------------------



================================================================================
CUSIP No. 64353N306                     13G
================================================================================
1.    NAME OF REPORTING PERSONS
      S.S. NO. OF ABOVE PERSONS

      CAMHZN Master LDC
--------------------------------------------------------------------------------
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                   (a) |_|
                                                                         (b) |X|

--------------------------------------------------------------------------------
3.    SEC USE ONLY


--------------------------------------------------------------------------------
4.    CITIZENSHIP OR PLACE OF ORGANIZATION

      Cayman Islands
--------------------------------------------------------------------------------
               5.    SOLE VOTING POWER

                     25,500*
               -----------------------------------------------------------------
  NUMBER OF    6.    SHARED VOTING POWER
   SHARES
 BENEFICIALLY        0
  OWNED BY     -----------------------------------------------------------------
    EACH       7.    SOLE DISPOSITIVE POWER
  REPORTING
   PERSON            25,500*
    WITH       -----------------------------------------------------------------
               8.    SHARED DISPOSITIVE POWER

                     0
--------------------------------------------------------------------------------
9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      25,500*
--------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   |_|


--------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

      0.2%*
--------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

      OO
--------------------------------------------------------------------------------



================================================================================

Item 1.

      (a)   Name of Issuer:

            New Century Companies, Inc.

      (b)   Address of Issuer's Principal Executive Offices:

            9835 Romandel Avenue
            Santa Fe Springs, CA 90670

Item 2.

      (a)   Name of Person Filing:

            This Schedule 13G is being filed with respect to shares of Common
            Stock of the Issuer which are beneficially owned by Richard
            Smithline ("Mr. Smithline"), Centrecourt Asset Management LLC
            ("Centrecourt"), CAMOFI Master LDC ("CAMOFI"), and CAMHZN Master LDC
            ("CAMHZN"), (collectively, the "Reporting Persons").

            The Reporting Persons are making a joint filing because they may be
            deemed a group pursuant to Section 13 of the Securities Exchange Act
            of 1934, as amended. The Reporting Persons do not affirm the
            existence of such a group.

      (b)   Address of Principal Business Office or, if none, Residence:

            The principal business address of each of Mr. Smithline and
            Centrecourt is:

            350 Madison Avenue, 8th Floor
            New York, NY 10017

            The principal business address of each of CAMOFI and CAMHZN is:

            90 Fort Street, 5th Floor
            Box 32021 SMB
            Grand Cayman, Cayman Islands

      (c)   Citizenship:

            Mr. Smithline is a United States citizen.

            Centrecourt is organized and existing in Delaware.

            CAMOFI and CAMHZN are organized and existing in the Cayman Islands.

      (d)   Title of Class of Securities:

            Common Stock, $0.10 par value per share.



      (e)   CUSIP Number:

            64353N306

Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c),
        check whether the person filing is a:

      (a)   [ ] Broker or dealer registered under Section 15 of the Exchange
                Act.
      (b)   [ ] Bank as defined in Section 3(a)(6) of the Exchange Act.
      (c)   [ ] Insurance company as defined in Section 3(a)(19) of the Exchange
                Act.
      (d)   [ ] Investment company registered under Section 8 of the Investment
                Company Act.
      (e)   [ ] Investment adviser in accordance with Sec.
                240.13d-1(b)(1)(ii)(E).
      (f)   [ ] Employee benefit plan or endowment fund in accordance with Sec.
                240.13d-1(b)(1)(ii)(F).
      (g)   [ ] Parent holding company, in accordance with Sec.
                240.13d-1(b)(ii)(G).
      (h)   [ ] A savings association as defined in Section 3(b) of the Federal
                Deposit Insurance Act.
      (i)   [ ] A church plan that is excluded from the definition of an
                investment company under Section 3(c)(14) of the Investment
                Company Act.
      (j)   [ ] Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(J).

      If this statement is filed pursuant to Sec. 240.13d-1(c), check this box
      [x].

Item 4. Ownership:

      (a)   Amount Beneficially Owned:

                        Mr. Smithline: 1,147,962* shares of Common Stock
                        comprised of (i) 1,122,462 shares of Common Stock held
                        by CAMOFI, and (ii) 25,500 shares of Common Stock held
                        by CAMHZN. Mr. Smithline is a director of CAMOFI and
                        CAMHZN.

                        Centrecourt: 1,147,962* shares of Common Stock comprised
                        of (i) 1,122,462 shares of Common Stock held by CAMOFI,
                        and (ii) 25,500 shares of Common Stock held by CAMHZN.
                        Centrecourt is the investment manager of CAMOFI and
                        CAMHZN.

                        CAMOFI: 1,122,462* shares of Common Stock.

                        CAMHZN: 25,500* shares of Common Stock.

      (b)   Percent of Class.   Mr. Smithline: 7.5%*
                                Centrecourt:   7.5%*
                                CAMOFI:        7.3%*
                                CAMHZN:        0.2%*

      *In addition to the shares of Common Stock held by CAMOFI and CAMHZN, (a)
CAMOFI holds (i) a promissory note convertible into 42,283,999 shares of Common
Stock, and (ii) warrants exercisable for 3,214,286 shares of Common Stock, and
(b) CAMHZN holds (i) a promissory note convertible into 11,338,690 shares of
Common Stock, and (ii) a warrant exercisable for 1,000,000 shares of Common
Stock. However, each of such securities contains a provision which would
prohibit the holder thereof from exercising and/or converting such securities,
as applicable, to the extent that, upon such exercise and/or conversion, such
holder, together with its affiliates, would beneficially hold more than 4.99% of
the total number of shares of Common Stock then issued and outstanding
(determined in accordance with Section 13(d) of the Securities Exchange Act of
1934, as amended), unless such holder shall have provided the issuer with 61
days' notice of the holder's waiver of such provisions. Accordingly, based on
the number of shares of Common Stock held by the Reporting Persons as of the
date hereof, none of such securities is presently convertible or exercisable.
The Reporting Persons disclaim beneficial ownership of all such securities, and
Mr. Smithline and Centrecourt disclaim beneficial ownership of all securities
covered by this statement.



      The percentages used herein are based upon the securities held by the
Reporting Persons as of February 6, 2009, and the number of shares of Common
Stock issued and outstanding as of November 17, 2008, as reported in the
issuer's Form 10-Q for its fiscal quarter ended on September 30, 2008 filed with
the Securities and Exchange Commission on November 19, 2008.

      (c)   Number of shares as to which each such person has:

      (i)   sole power to vote or to direct the vote: Mr. Smithline: 1,147,962*
                                                      Centrecourt:   1,147,962*
                                                      CAMOFI:        1,122,462*
                                                      CAMHZN:        25,500*

      (ii)  shared power to vote or to direct the vote:
                                                      Mr. Smithline: 0
                                                      Centrecourt:   0
                                                      CAMOFI:        0
                                                      CAMHZN:        0

      (iii) sole power to dispose or to direct the disposition of:
                                                      Mr. Smithline: 1,147,962*
                                                      Centrecourt:   1,147,962*
                                                      CAMOFI:        1,122,462*
                                                      CAMHZN:        25,500*

      (iv)  shared power to dispose or to direct the disposition of:
                                                      Mr. Smithline: 0
                                                      Centrecourt:   0
                                                      CAMOFI:        0
                                                      CAMHZN:        0

Item 5. Ownership of Five Percent or Less of a Class.

      If this statement is being filed to report the fact that as of the date
      hereof the reporting person has ceased to be the beneficial owner of more
      than five percent of the class of securities, check the following [ ].

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

      Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the
        Security Being Reported on by the Parent Holding Company or Control
        Person.

      See Item 4(a) above, which is incorporated by reference herein.

Item 8. Identification and Classification of Members of the Group.

      The Reporting Persons may be deemed to constitute a group with one another
      pursuant to Section 13 of the Securities Exchange Act of 1934. The
      Reporting Persons do not affirm the existence of such a group.



Item 9. Notice of Dissolution of Group.

      Not applicable.

Item 10. Certifications.

      By signing below I certify that, to the best of my knowledge and belief,
      the securities referred to above were not acquired and are not held for
      the purpose of or with the effect of changing or influencing the control
      of the issuer of the securities and were not acquired and are not held in
      connection with or as a participant in any transaction having that purpose
      or effect.



                                    SIGNATURE

      After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Date: February 9, 2009


/s/ Richard Smithline
--------------------------------
Richard Smithline


Centrecourt Asset Management LLC

By: /s/ Richard Smithline
    ----------------------------
Name: Richard Smithline
Title: Managing Member


CAMOFI Master LDC

By: /s/ Richard Smithline
    ----------------------------
Name: Richard Smithline
Title: Director


CAMHZN Master LDC

By: /s/ Richard Smithline
    ----------------------------
Name: Richard Smithline
Title: Director


Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (see 18 U.S.C. 1001).



                                    EXHIBIT A

                                    AGREEMENT
                          JOINT FILING OF SCHEDULE 13G

      The undersigned hereby agree jointly to prepare and file with regulatory
authorities a Schedule 13G and any amendments thereto reporting each of the
undersigned's ownership of securities of New Century Companies, Inc. and hereby
affirm that such Schedule 13G is being filed on behalf of each of the
undersigned.

Date: February 9, 2009


/s/ Richard Smithline
--------------------------------
Richard Smithline


Centrecourt Asset Management LLC

By: /s/ Richard Smithline
    ----------------------------
Name: Richard Smithline
Title: Managing Member


CAMOFI Master LDC

By: /s/ Richard Smithline
    ----------------------------
Name: Richard Smithline
Title: Director


CAMHZN Master LDC

By: /s/ Richard Smithline
    ----------------------------
Name: Richard Smithline
Title: Director