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

                          FORM 10-KSB
                          (Mark One)
     [X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF
          THE SECURITIES EXCHANGE ACT OF 1934

          For the fiscal year ended December 31, 1998.

     [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF
          THE SECURITIES EXCHANGE ACT OF 1934
          For the transition period from ____________ to  ________________

                  Commission File Number  000-14614

                            NET LNNX, INC.
           (name of small business issuer in its charter)

      Pennsylvania                                      23-1726390
(State or other jurisdiction                         (I.R.S. Employer
of incorporation or organization)                  Identification Number)
    
                       7700 N. W. 37TH AVENUE
                         MIAMI, FLORIDA 33147
        (Address of principal executive offices)(Zip Code)
            
                          (305) 691-2800
         (Issuer's telephone number, including area code)

         Securities registered pursuant to Section 12(b)
                        of the Exchange Act:

                               NONE
         Securities registered pursuant to Section 12(g)
                        of the Exchange Act:

                    COMMON STOCK, NO PAR VALUE
     Check whether the issuer (1) filed all reports required to be
     filed by Section 13 or 15(d) of the Exchange Act during the
     past 12 months (or for such shorter period that the registrant
     as required to file such reports), and (2) has been subject
     to such filing requirements for the past 90 days.  Yes [XX] 
     No [  ]
    
     Check if there is no disclosure of delinquent filers in
     response to Item 405 of Regulation S-B contained herein, and
     no disclosure will 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-K.  [  ]
    
     Issuer's revenues for the fiscal year ended December 31,
     1998:..$00.00.

     As of March 31, 1999, the aggregate market value of the voting
     stock held by non-affiliates was approximately $4,264,053
     (2,436,602 shares at $1.75, which is an average of the bid and
     ask price of such stock).

     The number of shares outstanding of each of the issuer's classes
     of common stock, as of March 31, 1999: 19,134,102 (one class).
     Transitional Small Business Disclosure Format:  Yes [  ]  No [X]

<PAGE>
                             TABLE OF CONTENTS
                                   
   ITEMS
                                                                      PAGE
    
    
PART I

  ITEM 1. DESCRIPTION OF BUSINESS                                       1

  ITEM 2. PROPERTIES                                                    5

  ITEM 3. LEGAL PROCEEDINGS                                             5

  ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS           5

PART II                                                                 5

  ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDERS
  MATTERS                                                               5

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

  ITEM 7.  FINANCIAL STATEMENTS                                         8

  ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
  ACCOUNTING AND FINANCIAL DISCLOSURE                                   9

PART III                                                                9

  ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
  PERSONS; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT            9

  ITEM 10. EXECUTIVE COMPENSATION                                      11

  ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
  MANAGEMENT                                                           13

  ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS              14

  ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K                            14

SIGNATURES                                                             15


<PAGE>


                                 PART I 

ITEM 1.  DESCRIPTION OF BUSINESS

     (a) Business Development.

We were organized as Chester County Security Fund, Inc. under
the laws of Pennsylvania on April 15, 1968.  Corporate Investment
Company purchased our outstanding shares and we became a
subsidiary of Corporate Investment Company.  In 1986 Corporate
Investment Company distributed our outstanding stock to its
shareholders.  Prior to 1996, we were a holding company conducting
virtually no business operation other than seeking merger
partners.

In January 1996, we changed our name to Net Lnnx, Inc. and
acquired a majority interest in Communications/USA, Inc. by
exchanging our stock for their stock.  In February 1996, we formed
a wholly owned subsidiary, TrueNet Corporation.  These
transactions proved to have only limited benefit to us.  As a
result, we disposed of our interest in Communications/USA, Inc.
and TrueNet Corporation in January of 1997.  Other than
maintaining our good standing status in the State of Pennsylvania,
and seeking prospective businesses or assets to acquire, from the
time of disposing of our interest in Communications/USA, Inc. and
TrueNet Corporation, we have had no business operations. 

As mentioned above, in January 1996, we entered into an
agreement to exchange approximately 83.5% of our no par value
common stock for approximately 60% of the common stock of
Communications/USA, Inc. Communications/USA, Inc., through its
wholly owned subsidiary CommTel/USA, Inc., owned and operated
Voice-Tel franchises which did business on the West Coast of
Florida from Tampa Bay to Naples, and the East Coast of Florida
from Cocoa to Stuart.  Voice-Tel is in the interactive voice
messaging industry and sells its products to both local customers
and national accounts.  Voice-Tel is the largest interactive voice
messaging company in the United States, operating a digital
telecommunications network through independently owned franchises.

In January 31, 1997, our board of directors approved our sale
to Palm Capital, Inc. of all of our shares of Communications/USA,
Inc.  In exchange for our Communications/USA, Inc. stock, we
received:
   .     $25,000 in cash; 

   .     a 7% promissory note in the amount of $475,000,

   .     all of the shares of our stock owned by Palm Capital; and

   .     by the assumption by Palm Capital of all of the
         liabilities of Communications/USA.  

We sold all of our rights to our common stock of
Communications/USA stock to both Raul E. Balsera and Robert
Feiman.  Both Balsera and Feiman were officers and shareholders of
Palm Capital, Inc.  They also were affiliate shareholders of the
Company prior to the sale.  Balsera also served as chief financial
officer of Communications/USA.  Palm also agreed to assume the
liabilities of Communications/USA.  On May 23, 1997 our
shareholders approved the purchase agreement at the annual meeting
of shareholders.


<PAGE>   1


Also, in January 1997, we agreed with The Banana Corporation,
Inc. to transfer to The Banana Corporation all of the stock of our
wholly owned subsidiary, TrueNet Corporation.  TrueNet Corporation
had begun operating as an Internet service provider in West Palm
Beach, Florida.

In exchange for the TrueNet Corporation stock, The Banana
Corporation transferred to us Ten Percent of its common stock.  In
April 1997, pursuant to a separate agreement, we 

   .     purchased Ten Percent of The Banana Corporation's newly
         formed operating subsidiary, Banana Online, Inc. for
         $14,500 and an additional 100,000 shares of Banana Online;
         and 

   .     exchanged our Banana Corporation shares to Banana
         Corporation.

On June 5, 1997, we agreed to assign the Promissory Note from
Palm Capital in exchange to Harbor Town Holding Group I, Inc.  The
transfer to us by Harbor Town I of Two Million Fifty Eight
Thousand Two Hundred and Nine shares of Harbor Town I's capital
stock.  The Harbor Town I stock was subsequently distributed to
our shareholders as a stock dividend.

On May 19, 1997, we agreed to assign our 200,000 shares of
Banana Online to Harbor Town Holding Group II, Inc. to us by
Harbor Town II of Two Million Fifty Eight Thousand Two Hundred and
Nine shares of Harbor Town II's capital stock.

On June 6, 1997, we agreed with Harbor Town I that Harbor
Town I would not enforce the assignment of the Palm Capital Note
to Harbor Town I until we could maximize the value for the Palm
Capital Note. 

On June 27, 1997, we filed suit against Palm, Comm/USA,
Feiman, Balsera and Gibbs and Runyan, P.A , a Florida professional
corporation ("Gibbs"), in the Circuit Court of the Fifteenth
Judicial Circuit, Palm Beach County, Florida in connection with
the entire transaction in which we acquired the Palm Capital Note. 
On December 18, 1997 the lawsuit was settled and we accepted
$100,000 in exchange for a release from liability of all
defendants to the lawsuit.  The final order was signed by the
Court on January 5, 1998. 

Although we originally had agreed to pay anything we received
on the Palm Capital Note to Harbor Town I, on November 6, 1997,
Harbor Town I canceled our assignment of the Palm Capital Note to
it and we cancelled a $12,600 promissory note dated June 2, 1997
from Harbor Town I to us.

Other than maintaining our good standing status in the State
of Pennsylvania, and seeking prospective businesses or assets to
acquire.  From December, 1997 to February, 1999, we have had no
business operations.

On February 18, 1999, we entered into an Agreement and Plan
of Merger with NetSub, Inc., a Florida corporation and our wholly-
owned subsidiary, and PrintOnTheNet.Com, Inc., a Delaware
corporation ("POTN").  The Agreement and Plan of Merger provided
that Net Sub, Inc. would be merged with and into POTN in
consideration for each share of POTN common stock being converted
into 16,500 shares of our common stock and 1,000 shares of our
preferred stock.  Each share of our preferred stock is convertible
into 7.207 shares of our common stock.


<PAGE>   2

On March 11, 1999, we acquired all of the common stock of
POTN (the "Acquisition").  The Acquisition was accomplished by
merging POTN with and into NetSub, Inc.  POTN then became our
wholly-owned subsidiary.  Shareholders of POTN received 16,500,000
shares of our common stock and 1,000,000 shares of our preferred
stock convertible into an additional 7,207,000 shares of our
common stock in exchange of their POTN stock.  As a result, POTN
shareholders now own approximately 90% of our common stock,
assuming the shares of preferred stock are converted into shares
of our common stock.  This change in control was previously
reported in the Company's Form 8-K filed on March 26, 1999.

We are authorized to issues 20,000,000 shares of common
stock, almost all of which were issued in the Acquisition.  There
are not enough shares of common stock currently available to allow
all the preferred stock issued in the Acquisition to be converted
into common stock.  We intend to increase the number of shares of
common stock we are authorized to issue to the cover the
conversion of preferred stock into shares of common stock.

POTN operates an Internet business that provides a fully
interactive venue through which companies of all sizes will be
able to design and order their printing materials via the World
Wide Web.

     (b)   Business of Issuer.

We are presently a holding company conducting virtually no
business operations other than through POTN, our sole wholly-owned
subsidiary corporation.  As discussed above, POTN is a printing
company marketing printing via the Internet.  POTN will provide a
fully interactive venue through which individual customers and
companies of all sizes will be able to design and order their
printed materials via the World Wide Web.  The site allows the
user to see an image of what they will be receiving before
submitting an order.  The system allows a wide choice of options
including font, layout, paper, color and graphics.  The choices
extend to any type of printing including letterhead, forms,
business cards, envelopes and invitations.

Exclusive Production and Sales Agreement

On February 17, 1999, POTN entered into an Exclusive
Production and Sales Agreement (the "Agreement") with National
Lithographers and Publishers, Inc. and PrintAmerica Management
Co., Inc. which provides that POTN shall, for a period of at least
two (2) years, have the exclusive right to purchase at a preferred
price from the PrintAmerica Companies all printed goods and items
required in the course of POTN's business operations.  Benjamin
Rogatinsky and Samuel Rogatinsky, each shareholders of Net Lnnx,
own the PrintAmerica Companies.


<PAGE>   3


Marketing

POTN will use the PrintAmerica Companies' large printing
sales force to negotiate web based secure accounts directly with
existing and new large corporate clients.  Clients will be able to
set up accounts for free and pay only when orders are made. 
Business cards, forms and other documents will be laid-out in
standard templates, and users can view and make real time changes
to names, addresses and other adjustable items.  This interactive
web site will be one of the first in the printing industry to
employ the "what you see is what you get" technology.  Through its
arrangement with the PrintAmerica Companies, POTN has an existing
and active customer base to which it will market its services,
while other printers on the web rely entirely on individuals and
firms to locate them through search engines or advertising. 
Current customers of PrintAmerica include Alamo Rent-a-Car, Tasco
Corporation, Radisson Hotel Corporation, The Wackenhut
Corporation, Sunglass Hut Corporation, and Sunbelt Distributors,
Inc., among others.

Distribution

POTN believes it has the ability to control scheduling of
work and delivery as a result of its Agreement with the
PrintAmerica Companies, and intends to ship all work product
within 48 to 72 hours of an order being placed.

Services

POTN will provide an added service to its larger, corporate
clients, by building and maintaining a searchable asset library of
their digital files.  Once published, a client's library would be
available to authorized viewers for quick browsing and searching
via thumbnail previews over any common web browser.  After
locating the image needed, the client can download a low or high-
resolution version of the file.  The centralized storage of files
benefits clients by eliminating errors and standardizing
publishing in organizations with multiple markets.  It  also
represents a significant savings of time and money over the
conventional methods of transporting images.

Competition

While there are large number of printing companies
advertising on the web, POTN has identified only one other company
of note that has established a web based printing service similar
to theirs.  Unlike its main competitor, which is a computer
company marketing printing via the web, POTN is a printing company
marketing printing via the Internet.  As mentioned above, POTN
expects to derive business through its relationship with the
PrintAmerica Companies, rather than by way of search engines or
advertising, the methods employed by its competitors.  Because of
the Agreement with PrintAmerica, POTN anticipates having an
additional advantage over competitors by having the ability to
completely oversee and control production and consistently
maintain quality control.

<PAGE>    4

ITEM 2.   PROPERTIES.

Our executive and business offices are located at 7700 N.W.
37th Avenue, Miami, Florida  33147.


ITEM 3.   LEGAL PROCEEDINGS.ITEM 3.LEGAL PROCEEDINGS

No material legal proceedings are pending of which we are a
party.

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

No matter was submitted to a vote of our securities holders
during the fourth quarter of the fiscal year covered by this
report.

                        PART II 

ITEM 5.MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDERS
MATTERS.ITEM 5.MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDERS MATTERS 

     (a)   Market Information.

Our common stock has been traded on the over-the-counter
market since May 1989.  The following table sets forth the range
of high and low closing sale prices for each quarterly period in
the fiscal year ended December 31, 1998, and 1997 as reported by
over-the-counter market quotations.  The quotations reflect inter-
dealer prices, without retail mark-up, mark down or commission and
may not represent actual transactions.

<TABLE>
<CAPTION>
       1997              High          Low
<S>                      <C>           <C>
1st Quarter              $1.875        $0.547
2nd Quarter              $1.00         $0.422
3rd Quarter              $1.00         $0.375
4th Quarter              $1.125        $0.25
 
       1998              High          Low

1st Quarter              $0.75         $0.25
2nd Quarter              $0.813        $0.25
3rd Quarter              $1.938        $0.375
4th Quarter              $0.656        $0.25

</TABLE>


     (b)   Holders.

As of March 31, 1999, there were approximately 19,134,102
holders of record of the Company's common stock. 

     (c)   Dividends.

We did not declare or pay any cash dividends on our common
stock for the last two fiscal years.  No restrictions limit our
ability to pay dividends on our common stock. 


<PAGE>    5

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

This Annual Report on Form 10-KSB contains forward-looking
statements.  For this purpose, any statements contained in it that
are not statements of historical fact should be regarded forward-
looking statements. For example, the words "believes,"
"anticipates," "plans," and "expects" are intended to identify
forward-looking statements.  There are a number of important
factors that could cause the Company's actual results to differ
materially from those indicated by such forward-looking
statements.  These factors include, those shown at the end of this
section under the caption "Certain Factors That May Affect Future
Results."

     (a)  Plan of Operation.

We are presently a holding company conducting virtually no
business operations other than through POTN, our recently acquired
wholly-owned subsidiary corporation.

Building and Maintaining the Web Site

     We are currently building our web site.  The POTN site will
offer two features which it believes will distinguish it from
other interactive sites on the web selling printing services. 
First, it will employ graphic on-the-fly technology, allowing
purchasers to see an image of what they will be receiving before
they submit the order. This interactive web site will be one of
the first in the printing industry to employ the "what you see is
what you get" technology.  Secondly, POTN will use the
PrintAmerica Companies' large printing sales force to negotiate
and establish web based secure accounts directly with existing and
new large corporate clients.  Clients will be able to set up
accounts for free and pay only when orders are made.  Business
cards, forms and other documents will be laid-out in standard
templates, and users can view and make real time changes to names,
addresses and other adjustable items.  Each secure site will have
a unique look and nomenclature.  The secure sites will be
developed to meet the particular nuances of each client's needs. 
While POTN will be purchasing its own dedicated servers, it will
contract with an off-site location to house and maintain the
server for a fee.  The site will have a T1 connection, 24-hour
support, and redundant backup systems.  Programmers and graphic
artists familiar with web site design will be hired in-house to
establish and update the open and secure platforms as required.

Marketing

     We intend to utilize the sales force of the PrintAmerica
Companies to market to large corporate clients and will also rely
on search engines to attract business.  POTN will use direct
advertising to market the web site to individuals and small
businesses.

Production

     We will be contracting all the printing work related to our
business to the PrintAmerica Companies, through our exclusive
Agreement with the PrintAmerica Companies.  This arrangement
offers us the following advantages.

     .     We will be able to leverage the PrintAmerica Companies'
           sales staff and customer base.

     .     The PrintAmerica Companies have already made the capital
           investment for machinery and equipment and has the system
           in-place to produce our work product within 48 hours in
           most cases.

<PAGE>     6

     .     The PrintAmerica Companies currently operate three plants
           and currently have excess capacity.  We will be provided
           a high priority given the volume of work anticipated.  The
           PrintAmerica Companies can immediately accommodate our
           projected work flow and have the ability to add machinery
           and equipment as warranted.

     .     Under the Exclusive Production and Sales Agreement and
           given the ownership structure of PrintAmerica Companies,
           control and quality of production will be assured to a
           greater degree than is the case with most third party
           arrangements.

     .     We will be able to focus all of our attention on building
           and maintaining the interactive web site.

     .     We will not carry inventory, a major impediment to
           realizing profit for many web based retailers today.

Distribution

All shipping will be handled by the PrintAmerica Companies.
Shipping will be completed from the PrintAmerica Companies'
production facilities directly to consumers via U.S. Mail, and for
additional charges via UPS and FedEx.  International shipping will
be done case-by-case.

Certain Factors That May Affect Future Results

 .     The printing industry is highly competitive.  Competition is
      largely based on price, quality, range of services offered,
      distribution capabilities, customer service, availability of
      printing time on appropriate equipment and state-of-the-art
      technology.  Primarily due to excess capacity in the industry,
      we could potentially experience downward pricing pressure and
      increased competition which would drive down revenues by either
      forcing a cut in sales or in prices.  There is always the risk
      of general market down turn which could impact revenues and
      growth.

 .     The price of paper, the primary raw material used in the
      industry, is volatile over time and may cause significant
      swings in net sales and cost of sales.  The price of paper last
      spiked in early 1995.  Since then price increases have been
      modest.  By the end of 1999, with the combined paper needs of
      POTN and the PrintAmerica Companies, we intend to purchase
      directly from paper mills either in the U.S., Europe, or Asia.
      Given the volume of the paper purchases, we feel we will be
      able to obtain quality paper at competitive prices.

 .     All senior positions have yet to be filled.  As we grow, a
      broad range of skilled employees will be required.  Our success
      depends upon our senior management, particularly Ben
      Rogatinsky, Chairman and Chief Executive Officer, Samuel
      Rogatinsky, President and Chief Operating Officer, and Paul
      Lambert, Chief Financial Officer.  The loss of anyone of their
      services could have a material affect on POTN.

 .     POTN is a start-up company and has no significant operating
      history.  We have no significant operating history and have not
      generated any revenue to date.   Since our inception we have
      been engaged in developing our web site.  There can be no
      assurance that we will be successful in completing and
      maintaining our web site and implementing our marketing
      strategy.  Because we anticipate incurring significant costs in
      connection with the development and operation of our web site,
      there can be no assurance that we will achieve sufficient
      revenues to offset anticipated operating costs.  Our viability,
      profitability and growth depend exclusively upon successful
      completion and marketing of our web site.  There can be no
      assurance that we will be able to generate revenues or ever
      achieve profitable operations.


<PAGE>    7

 .     We have no significant capital.  We have required significant
      capital to develop our business and to date our majority
      shareholders have funded all of our setup costs out-of-pocket. 
      We will continue to require significant  funds as we grow.  We
      are currently not generating revenue from our operations.  We
      have no current arrangements in place with respect to sources
      of additional financing.  If we have to arrange for financing
      to further the development of our web site, there can be no
      assurances that such financing will be available on acceptable
      terms or at all.  The inability to obtain additional financing,
      when needed, would have a material adverse effect on us,
      including possibly requiring us to curtail or cease our
      operations.

 .     Computer-based systems that utilize two digits rather than four
      digits to define the applicable year may fail to properly
      recognize date sensitive information when the year changes to
      2000.  We are in the process of completing a comprehensive
      review of our computer-based systems to determine if they will
      be affected by resulting Year 2000 related compliance issues,
      that is whether those systems have Year 2000 related "computer
      bugs."  So far this review has revealed no material Year 2000
      related compliance issues.  Because most of our systems are
      relatively new, we do not expect to incur Year 2000 compliance
      related costs that would be material to us.  We are asking for
      confirmation from outside vendors, financial institutions and
      others that they are Year 2000 compliant or that they are
      developing and implementing plans to become Year 2000
      compliant.  However, there is no assurance that these outside
      vendors, financial institutions and others will timely resolve
      their own Year 2000 compliance issues or that any such failure
      would not have an adverse effect on us.  We believe we are
      devoting the necessary resources to timely address all Year
      2000 compliance issues over which we have control.

 .     Demand and market acceptance for recently introduced services
      and products over the Internet are subject to a high level of
      uncertainty.  We are one of the first web based printing
      companies marketing printing material via the Internet.  It is
      difficult to predict the size of this market or its future
      growth, if any.  The success of our business will depend upon
      the adoption of the Internet as a medium for commerce by a
      broad base of consumers and businesses.  There can be no
      assurance that widespread acceptance of Internet commerce in
      general, or of our Internet printing services in particular,
      will occur.  We will rely on consumers and businesses who have
      historically used traditional means of commerce to order and
      purchase printed materials.  In order for us to be successful,
      these consumers and business must accept and utilize this novel
      way of conducting business and exchanging information.  Issues
      concerning the commercial use of the Internet, such as ease of
      access, security, reliability, cost and quality of service may
      affect the growth of Internet use or the attractiveness of
      conducting commerce online.  There can be no assurance that
      there will be broad acceptance of  the Internet as an effective
      medium for commerce by consumers and businesses or that the
      market for our Internet printing business will develop
      successfully or achieve widespread acceptance.  If our Internet
      printing services do not achieve market acceptance, our
      business, results of operations and financial condition could
      be materially adversely affected.


ITEM 7.  FINANCIAL STATEMENTS.

Information with respect to this item is set forth in the
"Index" to Financial Statements on Pages F-1 through F-11.


<PAGE>    8

                        NET LNNX, INC.
                 INDEX TO FINANCIAL STATEMENTS
          FOR THE YEARS ENDED DECEMBER 31, 1998 AND 1997




                       TABLE OF CONTENTS




                                                                     Page

REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS                              F-1

FINANCIAL STATEMENTS
     
     Balance Sheets                                                   F-2

     Statements of Operations                                         F-3

     Statements of Shareholders' Equity                               F-4

Statements of Cash Flows                                              F-5

Notes to Financial Statements                                         F-6



<PAGE>     F-0

    
           REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS


The Board of Directors and Shareholders
Net Lnnx, Inc. 
West Palm Beach, Florida 


We have audited the accompanying balance sheets of Net Lnnx, Inc.
(the "Company") as of December 31, 1998 and 1997, and the related
statements of operations, shareholders' equity, and cash flows
for the years ended December 31, 1998 and 1997.  These financial
statements are the responsibility of the Company's management.
Our responsibility is to express an opinion on these financial
statements based on our audit. 

We conducted our audit in accordance with generally accepted
auditing standards.  Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement.  An
audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements.  An
audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating
the overall financial statement presentation.  We believe that
our audit provides a reasonable basis for our opinion. 

In our opinion, the financial statements referred to above
present fairly, in all material respects, the financial position
of Net Lnnx, Inc. as of December 31, 1998 and 1997 and the
results of its operations and cash flows for the years ended
December 31, 1998 and 1997 in conformity with generally accepted
accounting principles. 

The accompanying financial statements have been prepared assuming
that the Company will continue as a going concern.  As discussed
in Note 3 to the financial statements, the Company has suffered
losses from operations that raise substantial doubt about its
ability to continue as a going concern.  Management's plans in
regard to these matters are also described in Note 3.  The
financial statements do not include any adjustments that might
result from the outcome of this uncertainty.




March 6, 1999
Ft Lauderdale, Florida


<PAGE>      F-1

                        NET LNNX, INC.

                        BALANCE SHEETS
                  DECEMBER 31, 1998 AND 1997                             
                                                                         

<TABLE>
<CAPTION>                                                                
     
                                                         1998          1997   
<S>                                                  <C>            <C>

ASSETS

Current assets:

    Cash and cash equivalents                         $   1,446     $  33,171

    Loans receivable - related parties                    5,000        10,500

    Loan receivable - Palm Capital                         -           50,000 

    Prepaid expenses                                      1,550         1,550
                                                      ---------     ---------
  
       Total current assets                               7,996        95,221 

    Property and equipment  -  net                        4,972         7,405
                                                      ---------     --------- 

                                                      $  12,968     $ 102,626 
                                                      =========     =========
LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

    Accounts payable                                  $   8,000     $  24,731

    Accrued expenses                                        100          - 
                                                      ---------     ---------
       Total current liabilities                          8,100        24,731 
                                                      ---------     ---------
Stockholders' equity:

Preferred stock  -  no par value,
  5,000,000 shares authorized,
  no shares issued or outstanding                          -             - 

Common stock - no par value,
  20,000,000 authorized, 
  2,634,102 and 2,200,000 issued
  and outstanding at December 31, 1998
  and 1997, respectively                                 1,000          1,000 

Additional paid-in capital                           1,830,324      1,687,936 
                                                     ---------      ---------

Retained deficit                                    (1,826,456)    (1,611,041)

                                                         4,868         77,895 
                                                   -----------    -----------
                                                   $    12,968    $   102,626 
                                                   ===========    ===========
</TABLE>




<PAGE>    F-2

                         NET LNNX, INC.

                    STATEMENTS OF OPERATIONS
        FOR THE YEARS ENDED DECEMBER 31, 1998 and 1997

<TABLE>
<CAPTION>
                                                     1998           1997  

<S>                                                <C>            <C>
Operating revenues                                 $    -          $     - 
                                                  -----------      -----------

Operating expenses                                    216,219         735,077
                                                  -----------      -----------
                                                     (216,219)       (735,077)
                                                  ===========      ===========
Other income:
    Installment sale income                             -               8,388
    Interest income                                       804          27,985 
                                                  -----------      -----------
                                                          804          36,373 
                                                  ===========      ===========
Operating loss from continuing operations            (215,415)       (698,704)
                                                  -----------      -----------
Discontinued operations:
    Loss from operations of discontinued
    operations                                           -               (665)

    Loss from disposal of discontinued
    operations                                            -          (457,559)
                                                  -----------      -----------
                                                          -          (458,224)
                                                  -----------      -----------
Net loss                                          $  (215,415)     $(1,156,928)
                                                  ===========      ===========
Loss per common share:

     Loss from continuing operations              $     (0.09)     $     (0.33)
                                                  ===========      =========== 
     Loss from operations discontinued
     operations                                   $     -          $    -   
                                                  ===========      ===========
     Loss from disposal of discontinued
     operations                                   $     -          $     (0.22)
                                                  ===========      ===========

     Net loss per share                           $     (0.09)     $     (0.55)

Number of shares used in earnings 
  per common share computation                      2,410,826        2,108,945 

</TABLE>



<PAGE>    F-3


                         NET LNNX, INC.
             STATEMENTS OF SHAREHOLDERS' EQUITY
        FOR THE YEARS ENDED DECEMBER 31, 1998 and 1997

<TABLE>
<CAPTION>


                                                               Additional
                                        Common Stock            paid-in      Retained 
                                      Shares       Amount       capital       deficit        Total
<S>                                  <C>          <C>         <C>         <C>             <C>
Balances at January 1, 1997          1,472,626    $   1,000   $  896,285  $   (454,113)   $  443,172

     Common stock issued for cash      500,000         -         200,000          -          200,000 

     Common stock exchanged for
     professional fees                 227,374         -         591,651          -          591,651 
                                     ---------    ---------   ----------    ----------    ----------
     Net loss                             -            -            -       (1,156,928)   (1,156,928)

Balances at December 31, 1997        2,200,000        1,000    1,687,936    (1,611,041)       77,895 

     Common stock issued
     for cash                          243,893         -          80,000          -           80,000

     Common stock exchanged for
     professional fees                 190,209         -          62,388          -           62,388 

     Net loss                             -            -            -        (215,415)      (215,415)
                                   -----------    ---------  -----------  -----------     ----------
Balances at December 31, 1998      $ 2,634,102    $   1,000  $ 1,830,324  $(1,826,456)    $    4,868      
                                   ===========    =========  ===========  ===========     ==========

</TABLE>



<PAGE>     F-4

                        NET LNNX, INC.

                   STATEMENTS OF CASH FLOWS
       FOR THE YEARS ENDED DECEMBER 31, 1998 and 1997

<TABLE>
<CAPTION>

                                                       1998          1997

<S>                                                 <C>           <C>

Cash flows from operating activities:

     Net loss                                       $  (215,415)  $(1,156,928)

Adjustments to reconcile net loss
to net cash provided by (used for)
operating activities:

     Depreciation                                        2,433         3,376

     Professional fees exchanged for
     common stock                                       62,388       591,651

     Net assets of discontinued operations                -          450,400

Change in operating assets and liabilities:

     Loan receivables - related parties                  5,500       (10,500)

     Loan receivable                                    50,000       (50,000)

     Prepaid expenses                                     -           (1,550)

     Accounts payable                                  (16,731       (18,866)

     Accrued expenses                                      100         2,187
                                                     ---------     ---------
        Net cash used by operating activities         (111,725)     (190,230)
                                                     ---------     ---------

Cash flows from investing activities:

     Acquisition of equipment                             -           (1,643)
                                                     ---------     ---------
Cash flows from financing activities:

     Proceeds from issuance of common stock             80,000       200,000
                                                     ---------     --------- 

     Net increase (decrease) in cash                   (31,725)        8,127 

     Cash and cash equivalents at
     beginning of year                                  33,171        25,044
                                                     ---------     ---------
     Cash and cash equivalents at
     end of year                                     $   1,446     $  33,171
                                                     =========     =========

     Supplemental cash flow information:             $   1,446     $  33,171
                                                     =========     =========

     None


</TABLE>






<PAGE>   F-5

                       NET LNNX, INC.
                NOTES TO FINANCIAL STATEMENTS
         FOR THE YEARS ENDED DECEMBER 31, 1998 AND 1997

1.     SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization and purpose  - Net Lnnx, Inc. (the "Company") was
organized as Chester County Security Fund, Inc. ("Chester")
December 31, 1988 under the laws of Pennsylvania as a wholly
owned subsidiary of Corporate Investment Company ("CIC").  On
May 5, 1989, CIC distributed the outstanding stock of Chester to
its shareholders as a stock for stock dividend.  Chester was a
holding company conducting virtually no operations other than
its efforts to seek merger partners.

In January, 1996, the Company in a stock for stock exchange,
acquired a majority interest in Communications/USA, Inc.  The
Company also formed a wholly owned subsidiary, TrueNet, Inc. 
After the Company acquired and formed its subsidiaries, it
changed its name to Net Lnnx, Inc. and had a 1 for 20 reverse
stock split. 

Cash and cash equivalents  - Cash and cash equivalents represent
actual balances in banks or invested in liquid short-term
investments with maturities of three months or less when
purchased.  All of the balances are owned by the Company and are
not encumbered in any manner.

Use of estimates  - The preparation of financial statements in
conformity with generally accepted accounting principles
requires management to make estimates and assumptions that
affect the reported amounts.  Management believes that the
estimates utilized in preparing its financial statements are
reasonable.  Actual results could differ from those estimates.

Property and equipment  - Property and equipment are recorded at
cost.  The equipment is depreciated over its estimated useful
life using the straight-line method.  Repairs and maintenance
are expensed.

Fair value of financial instruments  - The fair value of the
Company's financial instruments such as loans receivable and
accounts payable approximate their carrying value.

Compensated absences  -  Compensated absences have not been
accrued, as they are considered immaterial.

Stock-based compensation  - The Company accounts for stock-based
awards using the intrinsic value method in accordance with
Accounting Principles Board Opinion No. 25, "Accounting for
Stock Issued to Employees" ("APB 25").  Accordingly, no
compensation cost has been recognized for its stock options. 
The Company provides additional pro forma disclosures as
required under Statement of Financial Accounting Standard, No.
123, "Accounting for Stock-Based Compensation" (FASB 123").



<PAGE>   F-6

1.     SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Income taxes  - The Company accounts for income taxes on an
asset and liability approach to financial accounting.  Deferred
income tax assets and liabilities are computed annually for
temporary differences between the financial statement and tax
bases of assets and liabilities that will result in taxable or
deductible amounts in the future based on enacted tax laws and
rates applicable to the periods in which the differences are
expected to affect taxable income.  Valuation allowances are
established when necessary to reduce deferred tax assets to the
amount expected to be realized.  Income tax expense is the tax
payable or refundable for the period plus or minus the change
during the period in deferred tax assets and liabilities.

Loss per share  - Financial Accounting Standards No. 128,
"Earnings Per Share" ("FAS 128"), requires presentation of
earnings or loss per share on basic and diluted earnings per
share.  The Company has potentially dilutive shares; however,
because the Company has a loss, the shares are deemed anti-
dilutive and only basic loss per share is presented.  Loss per
share is computed by dividing net income by the weighted average
number of shares outstanding during the period.


2.   SUBSEQUENT EVENT - CHANGE IN CONTROL

On February 19, 1999, the Company entered into a definitive
agreement to acquire all of the stock of PrintOnTheNet.com, Inc.
("Print").  The acquisition agreement provides for Print
shareholders to receive 16,500,000 shares of the common stock of
the Company and preferred stock convertible into an additional
7,207,000 shares of common stock.  On a fully diluted basis, the
new shareholders will directly control approximately 90% of the
common stock.  The transaction is subject to customary
conditions, and, assuming they are all satisfied, is expected to
close in March, 1999.


3.   UNCERTAINTY - GOING CONCERN

As shown in the accompanying financial statements, the Company
incurred a net loss of $215,415 in 1998 and $1,156,928 in 1997. 
As of December 31, 1998, the Company's current liabilities
exceeded its current assets by $104.  The Company has no
operations but continues to incur expenses.  These factors
create an uncertainty about the Company's ability to continue as
a going concern.  The ability of the Company to continue as a
going concern is dependent upon completion of a proposed
acquisition and the Company's ability to raise capital and to
generate positive cash flows.  The financial statements do not
include any adjustments that might be necessary if the Company
is unable to continue as a going concern.



<PAGE>   F-7

4.    PROPERTY AND EQUIPMENT

At December 31, property and equipment consisted of the
following:

<TABLE>
<CAPTION>

                                  1998             1997
<S>                             <C>             <C>

     Computer equipment         $   7,441       $   7,441
     Furniture                      5,000           5,000
                                ---------       ---------
                                   12,441          12,441

     Less accumulated
       depreciation                 7,469           5,036
                                ---------       ---------
                                $   4,972       $   7,405
                                =========       =========

</TABLE>
   
Depreciation expense for the 1998 and 1997 was $2,433 and
$3,376, respectively.


5.   CHANGES IN STOCKHOLDERS' EQUITY

In 1998 and 1997,  the Company exchanged stock for various
professional fees and services.  The value of the securities was
set by the value that its common stock was trading at the time
of the exchange.


6.   STOCK OPTION PLAN 

On January 20, 1997, the Company adopted a restricted stock
plan, known as the 1997 Restricted Stock Plan (the "Plan"). 
Officers and directors and related corporations of the Company
may be granted nonqualified options to purchase up to 500,000
shares of the common stock of the Company.  The Plan terminates
January 20, 2006 unless extended by the Company.  The exercise
price of the nonqualified options granted under the Plan shall
in no event be less than the lesser of (1) the book value per
share of common stock as of the end of the fiscal year of the
Company immediately preceding the date of such grant, or (2) 50
percent of the fair market value per share of common stock on
the date of such grant.

In accordance with APB 25 and related interpretations, no
compensation expense has been recognized for its stock based
compensation.  Possible compensation cost for the Company's
stock options have been determined based upon the fair value at
the grant date consistent with the Black-Scholes methodology
prescribed under FASB 123.  The Company did not recognize 




<PAGE>    F-8


compensation expense because the market price of the shares had
decreased to the point the shares did not generate expense under
the Black-Scholes formula.

The fair value of these options was estimated at the date of
grant with a Black-Scholes option pricing model using a dividend
yield of 0%, estimated volatility of 0%, a risk-free interest
rate of 6.42%, and an expected life of ten (10) years.




<PAGE>    F-9


6.   CONTINUING OPERATIONS (continued)

In January of 1998, the Company redeemed 175,000 stock options,
which had been granted but not exercised.  The redeemed price
was $ .20 for a total of $35,000 which was recorded as
compensation in 1998.

Stock option activity for the Plan since inception was as
follows:

<TABLE>
<CAPTION>

                              Number of           Option Price
                              Shares      Per Share   Range        Total
<S>                          <C>          <C>         <C>        <C>
     
Outstanding options on
  January 1, 1997                  -      $    -      $   -      $    -
    Granted                  400,000          .6875      .875      331.250

Outstanding options on
  December 31, 1997          400,000          .6875      .875      331,250
    Expired/redeemed         325,000          .2000      .875      314,062

Outstanding options on
  December 31, 1998           75,000      $   .6875   $ .6875     $ 17,188


</TABLE>

     
7.   DISPOSITION OF OPERATIONS

Communications/USA, Inc.   -   On January 31, 1997, the
shareholders of the Company approved a purchase agreement dated
January 17, 1997 with Palm Capital, Inc. ("Palm") to sell to
Palm all of the Company's investment in Communications/USA, Inc.
("CUSA")  (the "Transaction").  

As consideration for the CUSA sale, Palm agreed to deliver to
the Company all of the Company's stock, options, and other
rights to the Company's common stock held by Palm and its
shareholders, plus the sum of $500,000, secured by 1,250,000
shares of CUSA's common stock.  The $500,000 was payable in cash
of $25,000 and a promissory note of $475,000 with interest at
7%.  Palm also agreed to the assumption of CUSA's liabilities.

A disagreement over the subsequent sale of CUSA's stock, which
was security for the Transaction, developed and litigation
followed.  On January 26, 1998, the litigation was settled with
the Company being paid $190,000 on the note of which $50,000 was
received in 1998.  The Company determined that further
litigation would be too costly to pursue. In 1997, the Company
charged to loss from disposal of discontinued operations
$408,959.




<PAGE>   F-10


8.   DISPOSITION OF OPERATIONS

TrueNet, Inc.  -  On January 31, 1997, the Company entered into
a sale and purchase agreement with Banana Corporation, Inc.
("BCI") to transfer to BCI 100% of the common stock and assets
of the Company's wholly owned subsidiary, TrueNet.  As
consideration, BCI transferred to the Company 10% (100,000
shares) of BCI's common stock.  In May 1997, BCI declared
bankruptcy.  In 1997, the Company charged to loss from disposal
of discontinued operations $48,600.

Potential tax benefits from the loss on disposition have not
been recognized since the ultimate realization of the tax
benefits is dependent upon the Company generating future capital
gains.


9.   INCOME TAXES

The Company has had no taxable income for the years ended
December 31, 1998 and 1997, and as a result, has recorded no tax
expense.  The Company recorded deferred tax assets resulting
from net operating losses of $822,158 and $606,743 less a
valuation allowance of $822,158 and $606,743 for 1998 and 1997,
respectively.  The losses generated before 1997 in the amount of
$899,761 can be carried forward in varying amounts for 15 years
to the year 2012.  The loss for 1998, $215,415, can be carried
forward 20 years to the year 2018


10.   YEAR 2000 COMPUTER CONSIDERATIONS (UNAUDITED)

The Company has completed an inventory of computer systems and
other electronic equipment that may be affected by the year 2000
issue and that are necessary to conduct Company operations.  The
Company believes it is compliant with the year 2000.

Because of the unprecedented nature of the year 2000 issue, its
effects and the success of related remediation efforts will not
be fully determinable until the year 2000 and thereafter. 
Management cannot assure that the Company is or will be year
2000 ready, that the Company's remediation efforts will be
successful in whole or in part, or that parties with whom the
Company does business will be year 2000 compliant.



<PAGE>   F-11



ITEM 8.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
          ACCOUNTING AND FINANCIAL DISCLOSURE

Sweeney Gates & Company were dismissed as the Company's
independent certified public accountants effective March 25,
1999.  There were no disagreements between the Company and
Sweeney Gates & Company on any matter of accounting principals
or practices, financial statement disclosure, or auditing scope
of procedure in connection with the audits of the fiscal years
ended December 31, 1996 and 1997, and all subsequent interim
periods.  Berkowitz Dick Pollack & Brant, LLP was engaged on
March 25, 1999 as the Company's independent certified public
accountants.  This change in accountants was previously reported
in the Company's Form 8-K filed with the Securities and Exchange
Commission (the "Commission") on March 26, 1999.

                       PART III


ITEM 9.   DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
          PERSONS; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE
          ACT. 
      
     (a)  Identity of directors and executive officers.

<TABLE>
<CAPTION>

Name                         Age              Position                  Director Since
<S>                          <C>        <C>                             <C>

Benjamin Rogatinsky          31         Chief Executive Officer/           March 1999
                                        Chairman of the Board of
                                        Directors

Samuel Rogatinsky            29         President/Chief Operating          March 1999
                                        Officer/Director

Paul Lambert                 31         Chief Financial Officer/           March 1999
                                        Director

William R. Colucci           59         Director                           September 1997

</TABLE>


     (b)  Business experience of directors and executive officers.

Benjamin Rogatinsky has served as the Chief Executive Officer
and Chairman of the Board of Directors of the Company since March
1999 and is currently the Chief Executive Officer and Chairman of
POTN.  From 1996 to date, Mr. Rogatinsky has served as the
President of National Lithographers and Publishers, Inc., a
commercial printing company.  From 1997 to date,  Mr. Rogatinsky
has also been employed as the President of PrintAmerica Management
Company, Inc.  Benjamin Rogatinsky is the brother of Samuel
Rogatinsky, described below.  Mr. Rogatinsky practiced certified
public accounting from 1993 to 1996.

Samuel Rogatinsky has served as the President, Chief
Operating Officer and a Director of the Company since March 1999
and is currently the President and Chief Operating Officer of
POTN.  From 1996 to date, Mr. Rogatinsky has served as the Vice
President of National Lithographers and Publishers, Inc., a
commercial printing company.  Form 1997 to date, Mr. Rogatinsky
has also been employed as the Vice President of PrintAmerica
Management Company, Inc.  Samuel Rogatinsky is the brother of
Benjamin Rogatinsky, described above.  Mr. Rogatinsky was an
attorney at law in private practice from 1994 to 1996.

Mr. Lambert has served as the Chief Financial Officer and a
Director of the Company since March 1999 and is currently the
Chief Financial Officer of POTN.  For the past five years, Mr.
Lambert has also served as the President of Lambert Advisors, a
management consulting company.



<PAGE>    9


Mr. Colucci has served as a Director of the Company since
September, 1997.  Mr. Colucci is also presently a consultant with
a privately held management firm known as Harbor Town Management
Group, Inc., a Florida corporation, which provides investment
banking and business consulting services.  From June 1996 to May
1997, Mr. Colucci served as Chief Operating Officer and SEC
Compliance officer for Physicians Laser Services, Inc., a publicly
traded Delaware corporation.  From April 1991 to May 1996, Mr.
Colucci served as a senior partner of Decision Dynamics, Inc., a
private business and real estate consulting firm. 

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

Section 16(a) of the Securities Exchange Act of 1934 requires
the Company's directors, officers and persons who own more than
10% of the Common Stock of the Company ("Reporting Persons") to
file reports of ownership and changes in ownership with the
Securities and Exchange Commission.  Reporting Persons are
required by Securities and Exchange Commission regulations to
furnish the Company with copies of all Section 16(a) reports they
file.  Based solely upon a review of (i) copies of section 16(a)
filings received by the Company during or with respect to the 1998
fiscal year and (ii) certain written representations of its
officers and directors with respect to the filing of annual
reports of changes in beneficial ownership, the Company believes
that each filing required to be made pursuant to Section 16(a) of
the Exchange Act during the 1998 fiscal year has been filed in a
timely manner, except as follows:

Ronald W. Hayes, Jr., an officer, director and beneficial
owner of more than 10% of the Company's common stock, failed to
timely file a required Form 4 for July 1998 with respect to one
transaction; and William R. Colucci, an officer and director,
failed to timely file a required Form 4 for July 1998 with respect
to one transaction.  To the best knowledge of the Company, Robert
& Cyndee Hackney, JTWROS, beneficial owners of more than 10% of
the Company's common stock during 1998, were delinquent with their
Exchange Act Section 16(a) reporting requirements during the most
recent fiscal year.



<PAGE>   10

ITEM 10.   EXECUTIVE COMPENSATIONITEM 10.EXECUTIVE COMPENSATION .

Other than set forth below, no compensation has been paid
or accrued for the benefit of any executive officer or directors
of the Compnay during the fiscal year ended December 31, 1998.


<TABLE>
<CAPTION>
                    Annual Compensation                                          Long Term Compensation
                                                                                    Awards    Payouts

       (a)                 (b)         (c)        (d)        (e)         (f)            (g)         (h)
                                                            Other                   Securities                 All
                                                            Annual    Restricted    Underlying                 Other
     Name &                                                 Compen-     Stock       Options/      LTIP         Compen-
    Position              Year      Salary ($)   Bonus($)   sation     Award(s)     SARs(#)       Payouts($)   sation($)
<S>                       <C>       <C>          <C>        <C>       <C>           <C>           <C>           
                                
                                
Ronald W. Hayes, Jr.      1998      10,200(1)      -0-        -0-        -0-          -0-           -0-        20,000(2)
Director, Chairman
of the Board and 
President
                               
William R. Colucci        1998     $33,391(3)      -0-        -0-        -0-          -0-           -0-         5,000(4)
Director


</TABLE>
<TABLE>

Notes to table:

(1)       In July 1998, Ronald W. Hayes, Jr. was granted 30,000 shares
          of common stock of the Company as compensation for serving as
          the Company's chairman of the board of directors and
          president. The per share closing market price of the
          Company's common stock on July 14, 1998, the date of the
          grant, was $.034.
(2)       As part of his compensation for serving as a director of the
          Company during 1997, Ronald W. Hayes, Jr. was awarded options
          to purchase 100,000 shares of the Company's common stock at
          a price of $0.875 per share exercisable, in whole or in part,
          at any time on or before January 31, 1999.  On January 1,
          1998, in connection with the terms of a contemplated merger
          which never occurred, the Company redeemed all such 100,000
          options at a per option price of $0.20 or $20,000 in the
          aggregate, and such options were canceled.  The per share
          closing market price of the Company's common stock on
          December 31, 1997 was $0.25.
(3)       In July 1998, William R. Colucci was granted 98,209 shares of
          common stock of the Company (an aggregate value of $33,391)
          as compensation for serving as a director and officer of the
          Company.  The per share closing market price of the Company's
          common stock on July 14, 1998, the date of the grant, was
          $0.34.
(4)       As part of his compensation for serving as a director of the
          Company during 1997, William R. Colucci was awarded options
          to purchase 100,000 shares of the Company's common stock at
          a price of $0.687 per share.  On January 1, 1998, in
          connection with the terms of a contemplated merger which
          never occurred, the Company redeemed 25,000 options at a per
          option price of $0.20 or $5,000 in the aggregate, and such
          redeemed options were canceled.  The per share closing market
          price of the Company's common stock on December 31, 1997 was
          $0.25.


<PAGE>   11


The Company has no bonus or incentive plans in effect, nor
are there any understandings in place concerning additional
compensation to the Company's officers and directors.

Each person who serves as a director of the Company is
compensated up to $500 for travel expenses in the event a director
is traveling outside South Florida and is required to return to
South Florida to attend an emergency director's meeting.

<PAGE>   12

ITEM 11.   SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
           OWNERS AND MANAGEMENT.

The following tables set forth the number of shares, based on
information obtained from the persons named below, of the Common
Stock and the Preferred Stock of the Company beneficially owned as
of March 11, 1999 by (i) owners of more than 5% of the Company's
Common Stock and (ii) all officers and directors of the Company
individually and as a Group.

Security Ownership of Certain Beneficial Owners and Management

Name and Address of      Amount and Nature          Percent of     Amount and Nature      Percent of Class
Beneficial Owner(1)      of Beneficial Owner (2)    Class(3)       of Beneficial          Assuming Conversion
                                                                   Ownership Assuming     of Preferred Stock
                                                                   Conversion of          into Common Stock
                                                                   Preferred Stock into
                                                                   Common Stock (4)
<S>                     <C>                         <C>            <C>                     <C>

Benjamin Rogatinsky            7,837,500             40.96%            11,260,825             42.75%

Samuel Rogatinsky              7,837,500             40.96%            11,260,825             42.75%

Paul Lambert                     825,000              4.31%             1,185,350              4.50%

William R. Colucci(5)            197,500              1.20%               197,500                 *%

All officers
and directors
as a group (4
persons)(5)                   16,697,500            87.27%             23,902,000             90.75%


</TABLE>

* Less than 1%

(1)   The address of each of the persons listed above is care of
      the Company.
(2)   Unless otherwise noted, the Company believes that all persons
      named in the table have sole voting and investment power with
      respect to all shares of  stock beneficially owned by them.
(3)   Based upon 19,134,102 shares of Common Stock outstanding as
      of the consummation of the Acquisition of POTN.  
(4)   The 1,000,000 shares of Preferred Stock issued in the
      Acquisition are convertible into 7,207,000 shares of Common
      Stock.  However, there are only 20,000,000 shares of the
      Company's Common Stock currently authorized.  Almost all of
      the shares of Common Stock have been issued in the
      Acquisition.  There are not enough shares of Common Stock
      authorized to allow all the Preferred Stock to be converted
      into common stock.  The Company intends to increase the
      number of shares of Common Stock it is authorized to issue to
      the cover the conversion of Preferred Stock into shares of
      Common Stock. 
(5)   Includes the right to purchase up to 75,000 shares of the
      Company's Common Stock at any date prior to November 25,
      1999.


<PAGE>   13

ITEM 12.   CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

Except for the issuance of the Company's shares of Common and
Preferred Stock in the Acquisition of POTN, since 1997, no
director or executive officer of the Company, any nominee to
election as a director, or any person known to the Company to own
of record or beneficially more than 5% of the Company's Common
Stock or any member of the immediate family of any of the
foregoing persons had, or will have, any direct or material
interest in any transaction or series of similar transactions to
which the Company or any of its subsidiaries, was or is to be a
party, in which the amount involved exceeds $60,000.

Pursuant to the provisions of the Agreement and Plan of
Merger, Net Sub was merged with and into POTN, whereby each
outstanding share of POTN common stock was converted into 16,500
shares of the Company's common stock and 1,000 shares of the
Company's preferred stock, each one of which is convertible into
7.207 shares of the Company's Common Stock, and each outstanding
share of Net Sub common stock was converted into 1 share of POTN
Common Stock.  POTN survived the merger and become a wholly-owned
subsidiary of the Company, and Net Sub "disappeared" with and into
POTN and no longer exist.  


ITEM 13.   EXHIBITS AND REPORTS ON FORM 8-K.

(a)   EXHIBITS.

Exhibit          Description

 2.1(a)*         Form of Agreement and Plan of Merger by and among
                 Net Lnnx, Inc., Net Sub, Inc. and
                 PrintOnTheNet.Com, Inc. (See Exhibit 10.1 to Form
                 8-K filed with the Commission on March 26, 1999).
 2.1(b)*         Form of Plan of Merger between PrintOnTheNet.Com,
                 Inc. and Net Sub, Inc. (See Exhibit 10.2 to Form
                 8-K filed with the Commission on March 26, 1999).
 3.1(a)*         Articles of Incorporation (See Exhibit (3)(A) to
                 Form 10-K previously filed with the Commission
                 for fiscal year ended December 31, 1983).
 3.1(b)          Amendment No. 1 to Articles of Incorporation.
 3.1(c)          Amendment No. 2 to Articles of Incorporation.
 3.1(d)*         Amendment No. 3 to Articles of Incorporation (See
                 Exhibit (3)(i)(2) to Form 10-KSB filed with the
                 Commission on April 3, 1998).
 3.1(e)*         Amendment No. 4 to Articles of Incorporation (See
                 Exhibit (3)(i)(3) to Form 10-KSB filed with the
                 Commission on April 3, 1998). 
 3.2(a)*         Bylaws (See Exhibit (3)(B) to Form 10-K
                 previously  filed with the Commission for fiscal
                 year ended December 31, 1983)
 3.2(b)*         Amendment No. 1 to Bylaws (See Exhibit (3)(ii)(2)
                 to Form 10-KSB filed with the Commission on April
                 3, 1998).
 3.2(c)*         Amendment No. 2 to Bylaws (See Exhibit (3)(ii)(3)
                 to Form 10-KSB filed with the Commission on April
                 3, 1998).
 9.1*            Voting Trust Agreement between Robert C. Hackney
                 and R.H. Financial Services, Inc.  dated December
                 31, 1996 (See Exhibit (9) to Form 10-KSB filed
                 with the Commission on April 15, 1997).
10.1*            Stock Purchase Agreement between the Company and
                 R.H. Financial Services, Inc. dated December 31,
                 1996 (See Exhibit 1 to Form 8-K filed with the
                 Commission on January 10, 1997).


<PAGE>  14

10.2*            Sale and Purchase Agreement Between the Company
                 and The Banana Corporation, Inc. dated January
                 31, 1997 (See Exhibit 1 to Form 8-K filed with
                 the Commission on February 14, 1997).
10.3*            Purchase Agreement Between the Company and Palm
                 Capital, Inc. dated January 17, 1997 (See Exhibit
                 2 to Form 8-K filed with the Commission on
                 February 14, 1997).
10.4*            Addendum To Stock Purchase Agreement between the
                 Company and R.H. Financial Services, Inc. dated
                 March 10, 1997 (See Exhibit 1 to Form 8-K/A filed
                 with the Commission on March 24, 1997).
10.5*            Cancellation of Instrument (See Exhibit 2 to Form
                 8-K/A filed with the Commission on March 24,
                 1997).
10.6*            1997 Restricted Stock Plan (See Exhibit
                 (10)(ii)(1)to Form 10-KSB filed with the
                 Commission on April 3, 1998).
10.7*            William R. Colucci Stock Option Agreement dated
                 November 25, 1997 (See Exhibit (10)(ii)(2) to
                 Form 10-KSB filed with the Commission on April 4,
                 1998).
10.8*            Frederick A. Hall Stock Option Agreement dated
                 January 31, 1997 (See Exhibit (10)(iii)(3) Form
                 10-KSB filed with the Commission on April 4,
                 1998).
10.9*            Ronald W. Hayes, Jr. Stock Option Agreement dated
                 January 31, 1997 (See Exhibit (10)(iv)(4) to Form
                 10-KSB filed with the Commission on April 4,
                 1998).
10.10*           Ronald P. Perella Stock Option Agreement dated
                 January 31, 1997 (See Exhibit (10)(v)(5) to Form
                 10-KSB filed with the Commission on April 4,
                 1998).
10.11*           Exclusive Production and Sales Agreement by and
                 among PrintOnTheNet.Com, Inc., National
                 Lithographers and Publishers, Inc. and
                 PrintAmerica Management Company, Inc. dated
                 February 17, 1999 (See Exhibit 10.3 to Form 8-K
                 filed with the Commission on March 26, 1999).
11.1             Statement re:  Computation of Per Share Earnings.
16.1*            Letter on change in Certifying Accountant (See
                 Exhibit 16.1 to Form 8-K filed with the
                 Commission on March 26, 1999).
21.1             List of Subsidiaries.
23.1             Consent of Sweeney Gates & Company.
27.1             Financial Data Schedule.

*   The Exhibits thus designated are incorporated herein by
reference as exhibits hereto.  Following the description of such
exhibits is a reference to the copy of the exhibit heretofore
filed with the Commission, to which there have been no amendments
or changes.

(b)     Reports on Form 8-K.

Form 8-K filed on March 26, 1999 reported the following items: 
(1) the Change in Control of the Registrant;  (2) the
Acquisition of POTN; and (3) the change of the Company's
Certifying Accountant. 


<PAGE>    15


                       SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the
Exchange Act, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly
authorized.

                                                 NET LNNX, INC. (Registrant)
                                                                      
                                                        
                                                 By:/s/ Benjamin Rogatinsky
                                      
                                                    Benjamin Rogatinsky,
                                                    Chairman and Chief
                                                    Executive Officer

Date:  April 14, 1999

Pursuant to the requirements of the Exchange Act, this 
report has been signed below by the following persons on behalf of
the registrant and in the capacities and on the dates indicated. 

SIGNATURE                  TITLE                           DATE

/s/ William R. Colucci     Director                        April 14, 1999
William R. Colucci

/s/ Benjamin Rogatinsky    Chief Executive Officer         April 14, 1999
Benjamin Rogatinsky        Chairman of the Board of
                           Directors

/s/ Samuel Rogatinsky      Chief Operating Officer,        April 14, 1999
Samuel Rogatinsky          President, Director


/s/ Paul Lambert           Chief Financial Officer,        April 14, 1999
Paul Lambert               Director