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|   | x | QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. |
|--------|---|------------------------------------------------------------------------------------|

|   |  ̈ | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT. |
|--------|--------|------------------------------------------------------------------|

| 4net Software, Inc.                                               |
|-------------------------------------------------------------------|
| (Exact Name of Small Business Issuer as Specified in its Charter) |

| DELAWARE                        |   | 22-1895668             |
|---------------------------------|--------|------------------------|
| (State or other jurisdiction of |   | (I.R.S. Employer       |
| incorporation or organization)  |   | Identification Number) |

| 225 N.E. Mizner Boulevard, Suite 400 Boca Raton, Florida 33432 |
|----------------------------------------------------------------|
| (Address of Principal Executive Office) (Zip Code)             |

| (561) 362-5385                                      |
|-----------------------------------------------------|
| (Registrant's telephone number including area code) |

| Large accelerated filer  ̈ | Accelerated filer  ̈    |
|--------------------------------|-----------------------------|
|                           |                        |
| Non-accelerated filer  ̈   | Smaller reporting company x |

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|                                                                                              | Page No. |
|--------------------------------------------------------------------------------------------------------|----------|
|                                                                                                   |     |   |
| PART I - FINANCIAL INFORMATION                                                                         | 3        |   |
|                                                                                                   |     |   |
| Item 1.  Financial Statements                                                                | 3        |   |
|                                                                                                   |     |   |
| Balance Sheets as of June 30, 2011 (unaudited) and September 30, 2010 (audited)                        | 3        |   |
|                                                                                                   |     |   |
| Statements of Operations (three-months and nine-months ended June 30, 2011)                            | 4        |   |
|                                                                                                   |     |   |
| Statements of Cash Flows (nine-months ended June 30, 2011 and 2010)                                    | 5        |   |
|                                                                                                   |     |   |
| Notes to Condensed Financial Statements                                                                | 6        |   |
|                                                                                                   |     |   |
| Item 2.  Management Discussion and Analysis of Financial Condition and Results of Operations | 8        |   |
|                                                                                                   |     |   |
| Item 4. Controls and Procedures                                                                        | 10       |   |
|                                                                                                   |     |   |
| PART II - OTHER INFORMATION                                                                            | 10       |   |
|                                                                                                   |     |   |
| Item 1.  Legal Proceedings                                                                   | 10       |   |
|                                                                                                   |     |   |
| Item 5.  Other Information                                                                   |     |   |
|                                                                                                   |     |   |
| Item 6.  Exhibits                                                                            | 11       |   |
|                                                                                                   |     |   |
| SIGNATURES                                                                                             | 13       |   |

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| Item 1. | Financial Statements |
|---------|----------------------|

|                                                                                                                                                       |   | June 30,    |       |   | September 30, |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|------------|--------|---------------|--------|
|                                                                                                                                                       |   | 2011        |       |   | 2010          |   |
|                                                                                                                                                       |   | (Unaudited) |       |   |          |   |
|                                                                                                                                                       |   |        |       |   |          |   |
| ASSETS                                                                                                                                                     |   |        |       |   |          |   |
|                                                                                                                                                       |   |        |       |   |          |   |
| CURRENT ASSETS                                                                                                                                             |   |        |       |   |          |   |
| Cash                                                                                                                                                       |   | $           | 14,540     |   |          | $      | 7,995 |   |
| TOTAL ASSETS                                                                                                                                               |   | $           | 14,540     |   |          | $      | 7,995 |   |
|                                                                                                                                                       |   |        |       |   |          |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                                                                                                             |   |        |       |   |          |   |   |   |
|                                                                                                                                                       |   |        |       |   |          |   |   |   |
| CURRENT LIABILITIES                                                                                                                                        |   |        |       |   |          |   |   |   |
| Accounts payable and accrued expenses                                                                                                                      |   | $           | 6,614      |   |          | $      | 13,405 |   |
| Related party note payable                                                                                                                                 |   |        | 65,062     |   |          |   | 39,539 |   |
|                                                                                                                                                       |   |        |       |   |          |   |   |   |
| TOTAL CURRENT LIABILITIES                                                                                                                                  |   | $           | 71,676     |   |          | $      | 52,944 |   |
|                                                                                                                                                       |   |        |       |   |          |   |   |   |
| COMMITMENTS AND CONTINGENCIES                                                                                                                              |   |        | —    |   |          |   | — |   |
|                                                                                                                                                       |   |        |       |   |          |   |   |   |
| STOCKHOLDERS' EQUITY (DEFICIT)                                                                                                                             |   |        |       |   |          |   |   |   |
| Preferred stock, $.01 par value; authorized - 5,000,000 shares - issued and outstanding - none                                                             |   |        | —    |   |          |   | — |   |
| Common stock $.00001 par value; authorized - 100,000,000 shares - issued and outstanding - 9,261,017  on June 30, 2011 and on September 30, 2010 |   |        | 93         |   |          |   | 93 |   |
| Capital in excess of par value                                                                                                                             |   |        | 3,198,255  |   |          |   | 3,198,255 |   |
| Accumulated deficit                                                                                                                                        |   |        | (3,255,484 | )      |          |   | (3,243,297 | ) |
|                                                                                                                                                       |   |        |       |   |          |   |   |   |
| TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                                                                                                                       |   |        | (57,136    | )      |          |   | (44,949 | ) |
|                                                                                                                                                       |   |        |       |   |          |   |   |   |
| TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)                                                                                                     |   | $           | 14,540     |   |          | $      | 7,995 |   |

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|                                                             |   | Three Months Ended |      |   | Nine Months Ended |   |
|------------------------------------------------------------------|--------|--------------------|-----------|--------|-------------------|--------|
|                                                             |   | June 30,           |      |   | June 30,          |   |
|                                                             |   | 2011               |      |   | 2010              |   |   | 2011 |   |   | 2010 |   |
|                                                             |   |               |      |   |              |   |   |   |   |   |   |   |
| REVENUES                                                         |   | $                  | —   |   |              | $      | — |   |   | $ | — |   |   | $ | — |   |
|                                                             |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| OPERATING EXPENSES                                               |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| General and Administrative                                       |   |               | 8,858     |   |              |   | 4,609 |   |   |   | 18,665 |   |   |   | 13,579 |   |
| TOTAL OPERATING EXPENSES                                         |   |               | (8,858    | )      |              |   | (4,609 | ) |   |   | (18,665 | ) |   |   | (13,579 | ) |
|                                                             |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| LOSS FROM OPERATIONS                                             |   |               | (8,858    | )      |              |   | (4,609 | ) |   |   | (18,665 | ) |   |   | (13,579 | ) |
|                                                             |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Interest expense                                                 |   |               | (1,479    | )      |              |   | (872 | ) |   |   | (3,523 | ) |   |   | (2,199 | ) |
| Other Income                                                     |   |               | 10,000    |   |              |   | — |   |   |   | 10,000 |   |   |   | — |   |
| OTHER INCOME/(EXPENSE)                                           |   |               | 8,521     |   |              |   | (872 | ) |   |   | 6,477 |   |   |   | (2,199 | ) |
|                                                             |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS                                                         |   | $                  | (337      | )      |              | $      | (5,481 | ) |   |   | (12,188 | ) |   |   | (15,778 | ) |
|                                                             |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING-Basic and Dilutive |   |               | 9,261,017 |   |              |   | 9,261,017 |   |   |   | 9,261,017 |   |   |   | 9,261,017 |   |
|                                                             |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS PER COMMON SHARE - Basic and Dilutive                   |   | $                  | (.00      | )      |              | $      | (.00 | ) |   |   | (.00 | ) |   |   | (.00 | ) |

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|                                                                        |   | 2011   |    |   | 2010   |   |
|-----------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
|                                                                        |   |   |    |   |   |   |
| CASH FLOWS FROM OPERATING ACTIVITIES                                        |   |   |    |   |   |   |
| Net loss                                                                    |   | $      | (12,188 | )      |   | $      | (15,778 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |   |    |   |   |   |   |   |
| Changes in assets and liabilities:                                          |   |   |    |   |   |   |   |   |
| Decrease in accounts payable and Accrued expenses                           |   |   | (3,267  | )      |   |   | (6,396 | ) |
| Net Cash Used in Operating Activities                                       |   |   | (15,455 | )      |   |   | (22,174 | ) |
|                                                                        |   |   |    |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES                                        |   |   |    |   |   |   |   |   |
|                                                                        |   |   |    |   |   |   |   |   |
| Proceeds from related party note payable                                    |   |   | 22,000  |   |   |   | 23,000 |   |
|                                                                        |   |   |    |   |   |   |   |   |
| Net Cash Provided by Financing Activities                                   |   |   | 22,000  |   |   |   | 23,000 |   |
|                                                                        |   |   |    |   |   |   |   |   |
| Net Increase in Cash                                                        |   |   | 6,545   |   |   |   | 826 |   |
|                                                                        |   |   |    |   |   |   |   |   |
| CASH - BEGINNING OF PERIOD                                                  |   |   | 7,995   |   |   |   | 124 |   |
|                                                                        |   |   |    |   |   |   |   |   |
| CASH - END OF PERIOD                                                        |   | $      | 14,540  |   |   | $      | 950 |   |

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| Exhibit |   |                                                                                                                                                                                                                                                     |
|---------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Number  |   | Description of Document                                                                                                                                                                                                                                  |
|    |   |                                                                                                                                                                                                                                                     |
| 2.1     |   | Stock Purchase Agreement by and between Michael Park, Andrew Patros and Robert Park and MedTech Diagnostics, Inc. dated April 24, 2000. (Incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K filed by the Company on May 3, 2000) |
|    |   |                                                                                                                                                                                                                                                     |
| 3.1     |   | Certificate of Incorporation of the Company. (Incorporated by reference to Exhibit 3.1 to the Company's Annual Report on Form 10-KSB for the fiscal year ended September 30, 1999)                                                                       |
|    |   |                                                                                                                                                                                                                                                     |
| 3.2     |   | By-Laws of the Company. (Incorporated by reference to Exhibit 3.2 to the Company's Annual Report on Form 10-KSB for the fiscal year ended September 30, 1999)                                                                                            |
|    |   |                                                                                                                                                                                                                                                     |
| 3.3     |   | Certificate of Amendment to the Certificate of Incorporation of the Company. (Incorporated by reference to Exhibit 3.3 to the Company's Quarterly Report on Form 10-Q for the quarter ended December 31, 2000)                                           |
|    |   |                                                                                                                                                                                                                                                     |
| 3.4     |   | Amended and Restated By-Laws of the Company. (Incorporated by reference to Exhibit 3.4 to the Company's Quarterly Report on Form 10-Q for the quarter ended December 31, 2000)                                                                           |
|    |   |                                                                                                                                                                                                                                                     |
| 3.5     |   | Certificate of Merger between the Company and its wholly owned subsidiary 4net Software, Inc. (Incorporated by reference to Exhibit 3.5 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2001)                             |
|    |   |                                                                                                                                                                                                                                                     |
| 3.6     |   | Amended Certificate of Designation of the Series A Convertible Preferred Stock of 4net Software, Inc. (Incorporated by reference to Exhibit 3.6 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2001)                     |
|    |   |                                                                                                                                                                                                                                                     |
| 10.3    |   | Employment Agreement dated as of August 1, 2000 by and between the Company and Steven N. Bronson. (Incorporated by reference to Exhibit 10.3 to the Company's Quarterly Report on Form 10-Q for the quarter ended December 31, 2000)                     |
|    |   |                                                                                                                                                                                                                                                     |
| 10.4    |   | Employment Agreement dated as of August 1, 2000 by and between the Company and Robert Park. (Incorporated by reference to Exhibit 10.4 to the Company's Quarterly Report on Form 10-Q for the quarter ended December 31, 2000)                           |
|    |   |                                                                                                                                                                                                                                                     |
| 10.5    |   | Sublease dated as of February 1, 2001 by and between the Company and Catalyst Operations, Inc. (Incorporated by reference to Exhibit 10.5 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2001)                           |
|    |   |                                                                                                                                                                                                                                                     |
| 10.6    |   | Management Consulting Agreement, dated as of February 1, 2001 by and between the Company and Catalyst Financial LLC. (Incorporated by reference to Exhibit 10.6 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2001)     |

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| 10.7   |   | Mergers and Acquisitions Advisory Agreement, dated as of March 27, 2001 by and between the Company and Catalyst Financial LLC. (Incorporated by reference to Exhibit 10.7 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2001) |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                           |
| 10.8   |   | Placement Agent Agreement, dated as of April 30, 2001, by and between the Company and Catalyst Financial LLC. (Incorporated by reference to Exhibit 10.8 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2001)                  |
|   |   |                                                                                                                                                                                                                                                           |
| 10.9   |   | Placement Agent Agreement, dated as of July 2, 2001, by and between the Company and Catalyst Financial LLC. (Incorporated by reference to Exhibit 10.8 to the Company's Quarterly Report on Form 10-Q for the quarter ended December 31, 2001)                 |
|   |   |                                                                                                                                                                                                                                                           |
| 10.10  |   | Employment Agreement, dated as of July 1, 2001 by and between the Company and Steven N. Bronson. (Incorporated by reference to Exhibit 10.8 to the Company's Quarterly Report on Form 10-Q for the quarter ended December 31, 2001)                            |
|   |   |                                                                                                                                                                                                                                                           |
| 10.11  |   | Separation Agreement, dated as of September 21, 2001 by and between the Company and Michael Park. (Incorporated by reference to Exhibit 10.11 to the Company's Annual Report on Form 10-KSB for the fiscal year ended September 30, 2001)                      |
|   |   |                                                                                                                                                                                                                                                           |
| 10.12  |   | Letter of Intent, dated December 19, 2002 by and between the Company and NWT, Inc. (Incorporated by reference to Exhibit 10.12 to the Company's Annual Report on Form 10-KSB for the fiscal year ended September 30, 2002)                                     |
|   |   |                                                                                                                                                                                                                                                           |
| 10.13  |   | First Amendment to Sublease between Catalyst Operation, Inc. and 4networld.com, Inc. n/k/a 4net Software, Inc. made as of August 30, 2002. (Incorporated by reference to Exhibit 10.13 to the Company's Current Report on Form 8-K, dated September 27, 2002)  |
|   |   |                                                                                                                                                                                                                                                           |
| 10.14  |   | Assignment Agreement, dated as of September 18, 2002, between 4net Software, Inc. and New England Computer Group, Inc. (Incorporated by reference to Exhibit 10.14 to the Company's Current Report on Form 8-K, dated September 27, 2002)                      |
|   |   |                                                                                                                                                                                                                                                           |
| 10.15  |   | Consulting Agreement, dated December 17, 2003 between the Company and ETN Financial Services, Inc.                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                           |
| 10.16  |   | Stock Purchase Agreement, dated September 13, 2005, between 4net Software, Inc. and RAM Capital Management Trust I                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                           |
| 10.17  |   | Stock Purchase Agreement, dated as of May 13, 2008, between 4net Software, Inc. and David Castaneda                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                           |
| 10.18  |   | Loan Agreement between Steven N. Bronson and 4net Software, Inc., dated May 13, 2009                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                           |
| 10.19  |   | Consolidated Loan Agreement between Steven N. Bronson and 4net Software, Inc., dated December 11, 2009                                                                                                                                                         |

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| 10.20  |   | Amended Consolidated Loan Agreement between Steven N. Bronson and 4net Software, Inc., dated February 12, 2010                     |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                               |
| 10.21  |   | Amended and Restated Consolidated Loan Agreement between Steven N. Bronson and 4net Software, Inc., dated August  , 2011 |
|   |   |                                                                                                                               |
| 14     |   | Code of Ethics                                                                                                                     |
|   |   |                                                                                                                               |
| 31*    |   | President's Written Certification Of Financial Statements Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                |
|   |   |                                                                                                                               |
| 32*    |   | President's Written Certification Of Financial Statements Pursuant to 18 U.S.C. Statute 1350                                       |

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| Dated: August 5, 2011 |                |                                    |
|-----------------------|---------------------|-----------------------------------------|
|                  | 4net Software, Inc. |
|                  |                |                                    |
|                  | By:                 |  /s/ Steven N. Bronson             |
|                  |                | Steven N. Bronson, President            |
|                  |                | Principle Executive Officer             |
|                  |                | as Registrant's duly authorized officer |

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| Exhibit Number |         | Description of Document                                                                                                            |
|----------------|--------------|------------------------------------------------------------------------------------------------------------------------------------|
|           |         |                                                                                                                               |
| 10.21          |         | Amended and Restated Consolidated Loan Agreement between Steven N. Bronson and 4net Software, Inc., dated August  , 2011 |
|           |         |                                                                                                                               |
| 31             |         | President's Statement Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                   |
|           |         |                                                                                                                               |
| 32             |    | President's Written Certification Of Financial Statements Pursuant to18 U.S.C. Statute 1350.                                       |

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