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

                                   FORM  10-KSB

                  ANNUAL  REPORT  PURSUANT  TO  SECTION  13  OR  15(d)
                     OF  THE  SECURITIES  EXCHANGE  ACT  OF  1934
                   FOR  THE  FISCAL  YEAR  ENDED  DECEMBER  31,  2001

                             Commission  file  number:

                              WAVE  POWER.NET,  INC.
                 (Name  of  Small  Business  Issuer  in  its  Charter)

                 Delaware                          43-1798970
        (State  of  Incorporation)    (I.R.S.  Employer  Identification  No.)



              950  N.  Federal  Highway,  #209,  Pompano  Beach,  FL  33062
           (Address  of  principal  executive  offices)         (Zip  Code)

                                  303-404-9904
                           (Issuer's  telephone  number)

               SECURITIES  REGISTERED  PURSUANT  TO  SECTION  12(B)  OF
                      THE  SECURITIES  EXCHANGE  ACT  OF  1934:

  Title  of  Each  Class     Name  of  Each  Stock  Exchange on Which Registered
 ---------------------         ----------------------------------------------
 Common  Stock,  Par                             Not  Applicable
 Value  $0.001  Per  Share

     Indicate  by check mark if disclosure of delinquent filers pursuant to Item
405  of Regulation S-B is not contained herein and will not be contained, to the
best  of  Registrant's  knowledge, in definitive proxy or information statements
incorporated  by  reference  in Part III of this Form 10-KSB or any amendment to
this  Form  10-KSB.  [  ]

     Indicate  by  check  mark  whether  the  Registrant(1)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  [  ]

     The  number  of shares of Registrant's Common Stock outstanding on December
31,  2001,  was  17,780,000.

     The  Registrant's total revenues for the year ended December 31, 2001, were
$0.00.


<PAGE>

                                TABLE  OF  CONTENTS

PART  I                                                                  PAGE
----

ITEM  1.    DESCRIPTION  OF  BUSINESS                                     3

ITEM  2.    DESCRIPTION  OF  PROPERTY                                     3

ITEM  3.    LEGAL  PROCEEDINGS                                            3

ITEM  4.    SUBMISSION  OF  MATTERS
            TO  A  VOTE  OF  SECURITY HOLDERS                             4

PART  II

ITEM  5.    MARKET  FOR  COMMON  EQUITY  AND  RELATED
            STOCKHOLDER  MATTERS                                          4

ITEM  6.    MANAGEMENT'S  DISCUSSION  AND  ANALYSIS
            OR  PLAN  OF  OPERATIONS                                      7

ITEM  7.    FINANCIAL  STATEMENTS                                         7

ITEM  8.    CHANGES  IN  AND  DISAGREEMENTS  WITH
            ACCOUNTANTS                                                   8

PART  III
----

ITEM  9.    DIRECTORS,  EXECUTIVE  OFFICERS,  PROMOTERS
            AND  CONTROL  PERSONS                                         8

ITEM  10.   EXECUTIVE  COMPENSATION                                       9

ITEM  11.   SECURITY  OWNERSHIP  OF  BENEFICIAL  OWNERS                   9

ITEM  12.   CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS            9

ITEM  13.   EXHIBITS  AND  REPORTS  ON  FORM 10-KSB                       9

SIGNATURES                                                               11



<PAGE>

PART  I
-------

Item  1.  Description  of  Business.
----------------------------------

The  Company  was  incorporated  as  Novus  Environmental,  Inc. in the State of
Delaware  on  November  6,  1997,  to develop or acquire recycling technologies.

Principal  products  or  services  and  their  markets
------------------------------------------------------

The  Company's  management  believes  that  the Company's principal asset is its
ability to convert waste tires into commercially viable and profitable products.
The  Company continues to explore its original intentions which was to engage in
the  manufacturing,  construction,  installation,  licensing  and  permitting of
recycling  facilities,  specifically  for  car  and  truck tires.  The technical
knowledge  centers  on:

    1.  The  ability to shred waste tires into small pieces (crumbs) by applying
relatively  uncomplicated,  but  unique,  shredding  methodologies.

    2.  Unique  adhesive  materials  that will bind the shredded tire crumbs and
other  raw  materials  into  a  strong  and  durable  finished  product.

  3.  A  proprietary  formula  of  raw  material  inputs  that  will produce the
desired  end  product.

Competitive  business  conditions  and  the  small business issuer's competitive
position  in  the  industry  and  methods  of  competition.

Our  efforts to compete with entities having significantly greater financial and
other resources than us made it difficult for us to achieve our objectives.  The
industry  is  highly  competitive  with  respect  to price, service, quality and
marketing.  As  a  result,  the  potential  for  failure  in  this  industry  is
significant.  There  are  numerous,  well-established, larger competitors in the
industry  with  comprehensive  experience,  possessing  substantially  greater
financial,  marketing,  personnel  and  other  resources  than  us.

Item  2.  Description  of  Property.
------------------------------------

The  Company  has  no physical assets.  We have rented offices at 950 N. Federal
Highway,  Pompano  Beach,  FL  33062.

Item  3.  Legal  Proceedings.
-----------------------------

None  that  are  pending  that  the  Company  is  aware  of  at  present.

Item  4.  Submission  of  Matters  to  a  Vote  of  Security  Holders.
----------------------------------------------------------------------

None.




PART  II
--------

Item  5.  Market  for  Common  Equity  and  Related  Stockholder  Matters.
--------------------------------------------------------------------------

a.   Market  Information.  The  Company's  shares  are  traded  on  the Over The
Counter  Bulletin  Board stock exchange ("OTCBB") under the symbol, "WPDN".  The
following  table  shows the high and low bid information for each quarter within
the  last two fiscal years as reported to the Company by the OTC Bulletin Board.
Such  quotations  reflect inter-dealer prices, without retail mark-up, mark-down
or  commission  and  may  not  represent  actual  transactions.

     2001                 High  Bid               Low  Bid
      ----                 ---------               --------
     First  Quarter         $.38                    $.20
     Second  Quarter         .20                     .20
     Third  Quarter          .50                     .16
     Fourth  Quarter         .19                     .16

     2000                 High  Bid               Low  Bid
     ----                 ----------              --------
     First  Quarter        $6.00                   $1.37
     Second  Quarter        3.75                     .51
     Third  Quarter         1.04                     .25
     Fourth  Quarter        1.00                     .15


b.   The  Company has approximately ______ shareholders of record as of December
31,  2001.

c.   The  Company  has  never declared or paid any dividends, and although there
are  no  restrictions  limiting  its ability to do so, it is unlikely to pay any
dividends  in  the  foreseeable  future.

Item  6.  Management's  Discussion  and  Analysis  or  Plan  of  Operation.
---------------------------------------------------------------------------

The  following  discussion  and  analysis should be read in conjunction with the
Company  financial  statements and notes thereto included elsewhere in this Form
10-KSB.  Except  for the historical information contained herein, the discussion
in  this  Form  10-KSB  contains certain forward looking statements that involve
risks  and  uncertainties,  such as statements of the Company plans, objectives,
expectations and intentions.  The cautionary statements made in this Form 10-KSB
should  be  read  as being applicable to all related forward statements wherever
they  appear  in  this  Form  10-KSB.  The  Company  actual results could differ
materially  from  those  discussed  here.

On January 3, 2001, the Company entered into a Letter of Intent to purchase 100%
of  a  private Nevada corporation, Emission Controls Corp. ("ECC").  The gist of
the  Letter  of  Intent  was  as  follows:  The  parties  would  enter  into  a
Reorganization  Agreement  whereby  the  Company  would  obtain all ECC patents,
including  but  not limited to, "the Cracker", which has been represented to the
Company  as a device that when added to an internal combustion engine, will save
fuel  and add longevity to the car's engine, in return for 15,000,000 restricted
shares of the Company's common stock.  The Cracker allegedly reduces the exhaust
emission to an negligible amount.  The Company would agree to pay Syd Cooke, the
President  of ECC, and/or his nominees, a 3% royalty of the total net profits up
to  a  maximum  of one billion dollars.  On January 7, 2001, the parties entered
into  a Reorganization Agreement affirming the terms and conditions as set forth
in  their  Letter  of  Intent.

On  March  29,  2001,  the parties mutually agreed to rescind the Reorganization
Agreement entered into on January 12, 2001.  The parties felt that it was in the
best interests of their respective shareholders to rescind their intent to merge
until at which time they are better able to reconcile various and several mutual
concerns.

The  Company  is  not  aware  of  any circumstances or trends which would have a
negative  impact  upon  future  sales  or earnings.  There have been no material
fluctuations  in  the standard seasonal variations of the Company business.  The
accompanying  financial statements include all adjustments, which in the opinion
of  management  are  necessary  in  order  to  make the financial statements not
misleading.

For  the  year  ended  December  31,  2001,  the Company sustained a net loss of
$68,785  or,  $0.00  per  share  (basic  and  diluted)  as  compared  to $82,231
(restated)  in  year  ended  2000.

The  Company  was  incorporated  as  Novus  Environmental,  Inc. in the State of
Delaware  on  November 6, 1997, to develop or acquire recycling technologies. On
December  8,  1997,  we  enacted  a Regulation D, Rule 504 offering whereupon we
issued  15,000,000  shares of common stock and raised $15,000.00.  From December
8, 1997 up and through December 30, 1997, we sold 5,000,000 shares of our common
stock,  at  $0.01  per  share and raised $50,000.  On April 24, 1998, we enacted
another  Regulation  D,  Rule 504 offering whereupon we issued 480,000 shares of
common  stock  and  raised  $48,000.  All  disclosure  herein accounts for these
offerings  unless  indicated  otherwise.

We  have not been a party to any bankruptcy, receivership or similar proceeding.
Through  the  year  end,  we  have  not  been  involved  in  any  material
reclassification,  merger,  consolidation,  or purchase or sale of a significant
amount  of  assets not in the ordinary course of business.  The Company has been
devoting its efforts to activities such as raising capital, establishing sources
of  information, and developing markets for its planned operations.  The Company
has  not yet generated any revenues and, as such, it is considered a development
stage  company.

Results  of  Operations
-----------------------

The  Company's  "Total  Liabilities and Stockholder's Equity (Deficit)" for year
ended  December  31,  2001  was,  $0.00.  The  Company's  "Total Liabilities and
Stockholder's  Equity (Deficit)" for the year ended December 31, 2000, was $0.00
(restated).

Capital  Resources  and  Liquidity
----------------------------------

At  December  31,  2001  we  had  a  working  capital deficit of $168,230, total
stockholders'  deficit  of  $168,230  and a net loss for the year ended December
31,  2001  of  $68,785,  arising  primarily  from  expenses incurred to meet our
reporting  requirements.  During  the  year ended December 31, 2001 the loss was
completely  funded  by  stockholder loans.  We are dependent upon our ability to
raise  capital  and  funding  from  stockholders to fund expenses of operations.
There  can  be  no  assurance  that  we will be successful in raising additional
capital  in  the future, or that the stockholders will continue to lend funds to
the  Company.

During  the  year ended 2001, the Company did not issue any unregistered shares.

Events  Subsequent  to  the  Fourth  Quarter
--------------------------------------------

On  February  14, 2002 the Company entered into a conditional Agreement and Plan
of  Reorganization ("the Agreement") with 3 Strikes (USA), Inc. ("3 Strikes"), a
privately  held New York corporation.  In order for the Company to complete this
transaction  the Company will file an amendment to its Articles of Incorporation
with  the Secretary of State of Delaware reflecting a reverse stock split of the
Company's common stock on the basis of one share exchanged for every five shares
currently  outstanding.  The  Company  will also increase its authorized capital
stock  to  100,000,000  shares  and change its name from Wave Power.Net, Inc. to
Insta-Win,  Ltd.  The agreement sets forth the terms and conditions whereby upon
its completion the Company will acquire all of the issued and outstanding shares
of  3  Strikes in exchange for the Company issuing 20,000,000 post reverse split
shares  of  its common stock to the stockholders of 3 Strikes, or their assigns,
and  1,300,000  post  reverse  split  shares  of its common stock to the current
principal  stockholder  of  the  Company.

In  connection  with  this  transaction  current shareholders of the Company who
control  approximately 90% of the Company's outstanding common stock have agreed
to  exchange  their shares for cash amounting to $240,000 of which $148,005 will
be  used  to  retire  the  current  outstanding  stockholder  loans.

As  a result of these transactions, the current stockholders of the Company will
own  approximately  1,656,000  post  reverse  split  shares  of  common stock or
approximately  7%  of  the  approximately 24,856,000 total outstanding shares of
common  stock  on  a  post  reverse split basis, and the current stockholders or
assigns  of  3  Strikes will own 23,200,000 of the post reverse split shares, or
approximately  93%  of the outstanding post reverse split shares of common stock
of  the  Company,  after  giving  effect  to  the  1  for 5 reverse stock split.

The  transactions will result in a change of control with 3 Strikes being deemed
the  acquiror for accounting and financial reporting purposes in accordance with
the  view  that  the  acquisition  by  a public shell of the assets of a private
company's  business  should  be  accounted  for  as  a  reverse  merger.

The  terms  and  conditions  of  the  Agreement  and  Plan of Reorganization are
conditional  and  subject  to  modification.

On  February  20,  2002,  the Company filed a Schedule 14C Information Statement
Pursuant to Section 14(c) of the Securities Exchange Act of 1934, which outlined
the  germane  terms  and conditions of the Company's proposed transaction with 3
Strikes  (USA),  Inc.  On  February  28,  2002,  the Company was notified by the
Division  of Corporate Finance of the Securities and Exchange Commission that it
intended to review and comment on the Company's 14(c) filing.  Upon notification
that  there  would  be  an  indefinite delay in the consummation of the proposed
transaction, 3 Strikes has indicated that it may not go forward with the Plan of
Reorganization  with  the  Company.  On  March  25,  the  Company  received, via
facsimile,  several  comments  from the Division of Corporate Finance.  To date,
the  Company  has  not  responded  to  these  comments.

Item  7.  Financial  Statements.
------------------------------

The Financial Statements for year ended 2001 are attached hereto and incorporate
herein  as  an  Exhibit.  Pleased  see  ITEM  13,  EXHIBITS.

Subsequent  Events
------------------

On  February  14,  2002  the  Company  entered  into  an  Agreement  and Plan of
Reorganization  ("the  Agreement")  with  3 Strikes (USA), Inc. ("3 Strikes"), a
privately  held New York corporation.  In order for the Company to complete this
transaction  the Company will file an amendment to its Articles of Incorporation
with  the Secretary of State of Delaware reflecting a reverse stock split of the
Company's common stock on the basis of one share exchanged for every five shares
currently  outstanding.  The  Company  will also increase its authorized capital
stock  to  100,000,000  shares  and change its name from Wave Power.Net, Inc. to
Insta-Win,  Ltd.  The agreement sets forth the terms and conditions whereby upon
its completion the Company will acquire all of the issued and outstanding shares
of  3  Strikes in exchange for the Company issuing 20,000,000 post reverse split
shares  of  its common stock to the stockholders of 3 Strikes, or their assigns,
and  1,300,000  post  reverse  split  shares  of its common stock to the current
principal  stockholder  of  the  Company.

In  connection  with  this  transaction  current shareholders of the Company who
control  approximately 90% of the Company's outstanding common stock have agreed
to  exchange  their shares for cash amounting to $240,000 of which $148,005 will
be  used  to  retire  the  current  outstanding  stockholder  loans.

As  a result of these transactions, the current stockholders of the Company will
own  approximately  1,656,000  post  reverse  split  shares  of  common stock or
approximately  7%  of  the  approximately 24,856,000 total outstanding shares of
common  stock  on  a  post  reverse split basis, and the current stockholders or
assigns  of  3  Strikes will own 23,200,000 of the post reverse split shares, or
approximately  93%  of the outstanding post reverse split shares of common stock
of  the  Company,  after  giving  effect  to  the  1  for 5 reverse stock split.

The  transactions will result in a change of control with 3 Strikes being deemed
the  acquiror for accounting and financial reporting purposes in accordance with
the  view  that  the  acquisition  by  a public shell of the assets of a private
company's  business  should  be  accounted  for  as  a  reverse  merger.

The  terms  and  conditions  of  the  Agreement  and  Plan of Reorganization are
conditional  and  subject  to  modification.

Item  8.  Changes  in  and  Disagreements  with  Accountants  on  Accounting and
Financial  Disclosure.
----------------------

Samuel  Klein  and  Company,  One  Newark  Center, Newark, New Jersey 07102, has
audited  the  statements  included  herein.  We  have  not had any changes in or
disagreements  with  our  accountants.


PART  III
---------

Item  9.  Directors,  Executive  Officers,  Promoters  and  Control  Persons;
Compliance  with  Section  16(a)  of  the  Exchange  Act.
---------------------------------------------------------

Officers  and  Directors
------------------------

The  following  chart  sets  forth  information  on  our officers and directors:

     Name               Age               Title
------------     --               ---------------------------------
Brian  Fisher            52               President,  Secretary,  Treasurer

Our  Bylaws  require  that  we  have  a  minimum of one director.  Directors are
elected  at  our  annual  meeting  to be held on the 6th of November.  Directors
shall  serve until their successors are duly elected or appointed.  A vacancy on
the  Board  of  Directors  may  be  filled  by  a majority vote of the remaining
directors.

Biography  of  Sole  Director,  Brian  Fisher:

Brian  Fisher,  age  52,  is  a  resident  of  British  Colombia, Canada.  After
graduating from high school, Mr. Fisher became a plumber contractor and sold his
business  in  1980.  He subsequently became a successful drilling contractor and
sold  that  business  in  1991,  whereupon  he  became involved in the recycling
industry.  In  1997  he became President of Novus Environmental, Inc., now known
as  Wave  Power.Net,  Inc.  To supplement his practical experiences in business,
Mr.  Fisher  enrolled  in  several  business  management  courses.

Identify  Significant  Employees
--------------------------------

As of the date of this registration statement, we have no persons, not mentioned
above,  who  are  expected  to  make a significant contribution to our business.

Family  Relationships
---------------------

As of the date of this registration statement, there are no family relationships
between our promoters, executive officers, control persons, directors or persons
nominated  for  such  positions.

Involvement  in  Certain  Legal  Proceedings
--------------------------------------------

As of the date of this registration statement, the Company has had no events, to
the  best  of our knowledge, that occurred during the past five years, including
bankruptcies,  criminal  convictions  or proceedings, court orders or judgments,
that  are material to an evaluation of the ability or integrity of any director,
executive  officer,  promoter,  control  person or any person nominated for such
position.

Compliance  with  Section  16(a)  of  the  Exchange  Act
--------------------------------------------------------

Based  solely upon a review of Forms 3 and 4 and amendments thereto furnished to
the  Company  under  Rule  16a-3(d) during its most recent two fiscal years, and
Forms 5 and amendments thereto furnished to the Company with respect to its most
recent  two  fiscal  years,  and  any  written  representations  received by the
Company,  the  Company has not identified any person who, at any time during the
two  preceding  fiscal  years, was a director, officer, beneficial owner of more
than  ten  percent of the Company's outstanding common stock that failed to file
on  a  timely basis any reports required by Section 16(a) during the most recent
two  fiscal  years  or  any  prior  years.

Item  10.  Executive  Compensation.
-----------------------------------

None  of  the  Company's  executive  officers  and  directors  received  any
compensation,  cash or non-cash, during the fiscal year ended December 31, 2000.

Item  11.  Security  Ownership  of  Certain  Beneficial  Owners  and Management.
--------------------------------------------------------------------------------

The  following  table  sets forth information as of December 31, 2000, regarding
the  ownership  of  the  Company's common stock by each shareholder known to the
Company  to be the beneficial owner of more than five percent of its outstanding
shares  of  common stock, each director and all executive officers and directors
as  a  group.  Except  as otherwise indicated, each of the shareholders has sole
voting  and  investment  power  with  respect  to  the  shares  of  common stock
beneficially  owned.


Title  of             Name  &  Address of        Amount & Nature         Percent
Class                 Beneficial  Owner         of  Ownership          of  Class
-------------------------------------------------------------------------------
Common                 Brian  Fisher            12,300,000  shares        69%
                      17938  67th  Ave.            Common  stock
                    Cloverdale,  BC,  Canada

TOTAL                                           12,300,000  shares        69%
                                                   Common  Stock

Item  12.  Certain  Relationship  and  Related  Transactions.
--------------------------------------------------------------
None.

Changes  in  Control
--------------------

Changes in control may occur should the transaction as set forth above under the
sub-heading,  "Events  Subsequent  to  the  Fourth Quarter" come to pass.  Brian
Fisher,  the  sole  officer  and  director  of  the Company, would resign and be
replaced  by  someone  from  3  Strikes  (USA),  Inc.  He would no longer be the
Company's  majority  shareholder  as  well.

Item  13.  Exhibits  and  Reports  on  Form  10-KSB
---------------------------------------------------
                                  EXHIBITS

EXHIBIT  10          Agreement  and  Plan  of  Reorganization  between  Wave
                    Power.Net,  Inc.  and  3  Strikes  (USA),  Inc.  dated
                    February  14,  2002.

EXHIBIT  99          Year  end  2001  Financial  Statements


<PAGE>

                                   SIGNATURES

     Pursuant  to  the requirements of Section 12 of the Securities Exchange Act
of 1934, the registrant has duly caused this registration statement to be signed
on  its  behalf  by  the  undersigned, hereunto duly authorized this 10th day of
April  2002.

                              Wave  Power.Net,  Inc.

                            /s/_____________________
                           By:  Brian  Fisher,  President