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

                                 ---------------


                                    Form 10-Q


        [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
                              EXCHANGE ACT OF 1934.

                For the quarterly period ended December 31, 2009.

                                       or

      [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT.

                        For the transition period from to
                             ----------- ----------

                       Commission File No. -- 33-131110-NY


                               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)


          1 North Federal Highway, Suite 201 Boca Raton, Florida 33432
          ------------------------------------------------------------
               (Address of Principal Executive Office) (Zip Code)


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



     Indicate by check mark whether the registrant: (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the past 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
                                               [X] Yes  [ ] No

     Indicate by check mark whether the registrant has submitted electronically
and posted on its corporate Web site, if any, every Interactive Data File
required to be submitted and posted pursuant to Rule 405 of Regulation S-T
(Section 232.405 of this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit and post such files).

                                               [X] Yes  [ ] No

<PAGE>

     Indicate by check mark whether the registrant is a large accelerated filer,
an accelerated filer, a non-accelerated filer, or a smaller reporting company.

     Large accelerated filer [ ]                Accelerated filer        [ ]

     Non-accelerated filer   [ ]               Smaller reporting company [X]

     Indicate by check mark whether the registrant is a shell company (as
defined in Rule 12b-2 of the Exchange Act).
                                               [X] Yes  [ ] No

     As of February 12, 2010, the issuer had 9,261,017 outstanding shares of
common stock.







<PAGE>

                               4net Software, Inc.

                                TABLE OF CONTENTS

                                                                        Page No.
                                                                        --------

PART I - FINANCIAL INFORMATION............................................ 3

Item 1.  Financial Statements............................................. 3

Balance Sheets as of December 31, 2009 (unaudited)
         and September 30, 2009 (audited)................................. 3

Statements of Operations (three-months ended December 31, 2009 and 2008)...4

Statements of Cash Flows (three-months ended December 31, 2009 and 2008)...5

Notes to Condensed Financial Statements................................... 6


Item 2.  Management Discussion and Analysis of Financial Condition
         and Results of Operations ....................................... 8

Item 4T. Controls and Procedures ......................................... 9


PART II - OTHER INFORMATION                                                10

Item 1.  Legal Proceedings ............................................... 10

Item 5.  Other Information................................................ 10

Item 6.  Exhibits ........................................................ 10

SIGNATURES................................................................ 12


                                        2
<PAGE>

                         PART I - FINANCIAL INFORMATION


Item 1.         Financial Statements


                               4NET SOFTWARE, INC.
                                 BALANCE SHEETS
<TABLE>
<CAPTION>
                                                                      December 31, 2009  September 30,2009
                                                                        (Unaudited)
                                                                       -------------     -----------------
<S>                                                                      <C>              <C>
                                        ASSETS

CURRENT ASSETS
     Cash                                                                $     6,149      $       124
                                                                         -----------      -----------
TOTAL ASSETS                                                             $     6,149      $       124
                                                                         ===========      ===========


                     LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
  Accounts payable and accrued expenses                                  $     2,905      $    13,391
  Due to related party                                                        32,907           13,000
                                                                         -----------      -----------

TOTAL CURRENT LIABILITIES                                                $    35,812      $    26,391
                                                                         -----------      -----------

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 December 31, 2009 and
            on September 30, 2009                                                 93               93
     Capital in excess of par value                                        3,198,255        3,198,255
     Accumulated deficit                                                  (3,228,011)      (3,224,615)
                                                                         -----------      -----------

 TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                                        (29,663)         (26,267)
                                                                         -----------      -----------


 TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)                      $     6,149      $       124
                                                                         ===========      ===========
</TABLE>

              See accompanying notes to these financial statements.

                                        3
<PAGE>

                               4NET SOFTWARE, INC.
                            STATEMENTS OF OPERATIONS
                  THREE MONTHS ENDED DECEMBER 31, 2009 AND 2008
                                   (Unaudited)


                                                2009           2008
                                            -----------    -----------

REVENUES                                    $        --    $        --
                                            -----------    -----------

OPERATING EXPENSES
    General and Administrative                    2,880          1,640
                                            -----------    -----------
TOTAL OPERATING EXPENSES                         (2,880)        (1,640)
                                            -----------    -----------

LOSS FROM OPERATIONS                             (2,880)        (1,640)
                                            -----------    -----------


OTHER INCOME/(EXPENSE                              (516)            25
                                            -----------    -----------

NET LOSS                                    $    (3,396)   $    (1,615)
                                            ===========    ===========


WEIGHTED AVERAGE NUMBER OF SHARES
OUTSTANDING-Basic and Dilutive                9,261,017      9,261,017
                                            ===========    ===========

NET LOSS PER COMMON SHARE
    - Basic and Dilutive                    $    (.0004)   $   (.0002)
                                            ===========    ===========


              See accompanying notes to these financial statements.

                                        4
<PAGE>


                               4NET SOFTWARE, INC.
                            STATEMENTS OF CASH FLOWS
                  THREE MONTHS ENDED DECEMBER 31, 2009 AND 2008
                                   (Unaudited)

                                                           2009       2008
                                                        ---------  ---------

CASH FLOWS FROM OPERATING ACTIVITIES
Net loss                                                $  (3,396) $ ( 1,615)
Adjustments to reconcile net loss to net cash
used in operating activities:
    Changes in assets and liabilities:
       Decrease in accounts payable and
       Accrued expenses                                    (9,579)    (1,000)
                                                        ---------  ---------
Net Cash Used in Operating Activities                     (12,975)    (2,615)
                                                        ---------  ---------

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from related pary note payable                    19,000         --

                                                        ---------  ---------
Net Cash Provided by Financing Activities                  19,000         --
                                                        ---------  ---------

Net Increase (Decrease) in Cash                             6,025     (2,615)

CASH - BEGINNING OF PERIOD                                    124     16,553
                                                        ---------  ---------

CASH - END OF PERIOD                                    $   6,149  $  13,938
                                                        =========  =========



              See accompanying notes to these financial statements.

                                        5
<PAGE>

                               4NET SOFTWARE, INC.
                 NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

       The accompanying condensed interim financial statements of 4net Software,
       Inc. (the "Company") is unaudited. In the opinion of management, the
       interim data includes all normally recurring adjustments, necessary for a
       fair presentation of the results for the interim period. The results of
       operations for the three month period ended December 31, 2009 are not
       necessarily indicative of the operating results for the entire year.

       The condensed interim financial statements included herein are prepared
       pursuant to the rules and regulations of the Securities and Exchange
       Commission. Certain information and footnote disclosure normally included
       in financial statements prepared in accordance with accounting principles
       generally accepted in the United States of America has been condensed or
       omitted pursuant to such rules and regulations. In the opinion of
       management, the disclosures made are adequate to make the information not
       misleading. These condensed interim financial statements should be read
       in conjunction with the financial statements and notes included in the
       Company's Form 10-K for the year ended September 30, 2009.


       USE OF ESTIMATES - The preparation of financial statements in conformity
       with accounting principles generally accepted in the United States of
       America requires management to make estimates and assumptions that affect
       the reported amounts of assets and liabilities and disclosure of
       contingent assets and liabilities at the date of the financial statements
       and reported amounts of revenues and expenses during the reporting
       period. Actual results could differ from those estimates.


       CASH EQUIVALENTS - For purposes of reporting cash flows, management
       considers as cash equivalents all highly liquid investments with a
       maturity of three months or less at the time of purchase. At December 31,
       2009, the Company had no cash equivalents.



                                        6
<PAGE>

NOTE 2 - GOING CONCERN

       The accompanying condensed interim financial statements have been
       prepared on the basis of accounting principles applicable to a going
       concern which contemplates the realization of assets and extinguishment
       of liabilities in the normal course of business. As shown in the
       accompanying condensed interim financial statements, the Company has an
       accumulated deficit of approximately $3.2 million through December 31,
       2009. As of December 31, 2009, the Company has no principal operations or
       significant revenue producing activities, which raises substantial doubt
       about its ability to continue as a going concern. The Company's condensed
       interim financial statements do not include any adjustments related to
       the carrying value of assets or the amount and classification of
       liabilities that might be necessary should the Company be unable to
       continue as a going concern. The Company's ability to establish itself as
       a going concern is dependent on its ability to merge with another entity.
       The outcome of this matter cannot be determined at this time.


NOTE 3 - CONTROL

       Mr. Bronson beneficially owns 5,560,210 shares of the Company's common
       stock. Mr. Bronson's beneficial ownership represents approximately 60% of
       the Company's issued and outstanding shares of common stock. Accordingly,
       Mr. Bronson has effective control of the Company. In the election of
       directors, stockholders are not entitled to cumulate their votes for
       nominees. Accordingly, as a practical matter, Mr. Bronson may be able to
       elect all of the Company's directors and otherwise direct the affairs of
       the Company.


NOTE 4 - DUE TO RELATED PARTY


        Since February 3, 2009, the Company's president and principal executive
        officer has loaned the Company money to fund working capital needs to
        pay operating expenses. The loans are repayable upon demand and accrue
        interest at the rate of 10% per annum. As of December 31, 2009, the
        Company has received loans from the Company's President in the aggregate
        amount of $32,000, and such loans have accrued interest of $907 through
        December 31, 2009.


Note 5 - RELATED PARTY TRANSACTION

       Effective January 1, 2009 the Company relocated its principal offices to
       1 North Federal Highway, Suite 201 Boca Raton, Florida 33432. The
       Company's new telephone number is (561) 362-5385. The Company occupies a
       portion of the premises occupied by BKF Capital Group, Inc. on a month to
       month basis for a monthly fee of $100 per month paid to BKF Capital
       Group, Inc. Steven N. Bronson, the Company's president, is the president
       of BKF Capital Group, Inc.



                                        7
<PAGE>

Item 2. Management's Discussion and Analysis or Plan of Operation.


Forward Looking Statements Disclosure
-------------------------------------

     This report on Form 10-Q contains, in addition to historical information,
Forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934 (the
"Exchange Act"). You can identify these forward-looking statements when you see
words such as "expect," "anticipate," "estimate," "may," "plans," "believe," and
other similar expressions. These statements are not guarantees of future
performance and are subject to certain risks, uncertainties and assumptions that
are difficult to predict. Actual results could differ materially from those
projected in the forward-looking statements. Factors that could cause such a
difference include, but are not limited to, those discussed in the section
entitled "Factors Affecting Operating Results and Market Price of Stock,"
contained in the Company's Annual Report on Form 10-K for the year ended
September 30, 2009. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof. We undertake
no obligation to update any forward -looking statements.

     The following discussion and analysis provides information which management
of 4net Software, Inc. (the "Company" or "4net Software") believes to be
relevant to an assessment and understanding of the Company's results of
operations and financial condition. This discussion should be read together with
the Company's financial statements and the notes to financial statements, which
are included in this report as well as the Company's Annual Report on Form 10-K
for the year ended September 30, 2009 which is incorporated herein by reference.

4net Software's Acquisition Strategy

     The Company is engaged in pursuing an acquisition strategy, whereby 4net
Software is seeking to enter into an acquisition, merger or other business
combination transaction (a "Transaction") with an undervalued business (a
"Target Company") with a history of operating revenues in markets that provide
opportunities for growth. 4net Software is currently engaged in identifying,
investigating and, if investigation warrants, entering into a Transaction with a
Target Company that will enhance 4net Software's revenues and increase
shareholder value. The Company utilizes several criteria to evaluate Target
Companies including whether the Target Company: (1) is an established business
with viable services or products, (2) has an experienced and qualified
management team, (3) has opportunities for growth and/or expansion into other
markets, (4) is accretive to earnings, (5) offers the opportunity to achieve
and/or enhance profitability, and (6) increases shareholder value.

     In some cases, management of the Company will have the authority to effect
acquisitions without submitting the proposal to the stockholders for their
consideration. In some instances, however, a proposed Transaction may be
submitted to the stockholders for their consideration, either voluntarily by the
Board of Directors to seek the stockholders' advice and consent, or because of a
requirement of applicable law to do so.

     Management believes that the successful implementation of the Company's
Acquisition Strategy will allow 4net Software to increase revenues and earnings
and achieve profitability. There can be no assurances, however, that 4net
Software will successfully complete any additional acquisitions or that 4net
Software will achieve profitability.


                                        8
<PAGE>

Results of Operations

     For the three month periods ended December 31, 2009 and 2008, the Company
had no revenue. Operating expenses for the three month periods ended December
31, 2009 and 2008 were $2,880 and $1,640, respectively. Other income consists of
interest income and expense for the periods presented.


Liquidity and Capital Resources

During the three months ended December 31, 2009, the Company satisfied its
working capital needs from cash on hand and the loan extended by the Company's
president and principal executive officer to enable the Company to pay its
expenses. As of December 31, 2009, the Company had cash on hand of $6,149. The
Company will need additional funds in order to satisfy its financial obligations
and to finance any transaction or acquisition by the Company. There can be no
assurances that the Company will be able to obtain additional funds if and when
needed.



Item 4T. Controls and Procedures

     Disclosure controls and procedures are controls and other procedures that
are designed to provide reasonable assurances that information required to be
disclosed by the Company in its periodic reports filed or submitted by the
Company under the Exchange Act is recorded, processed, summarized and reported,
within the time periods specified in the Securities and Exchange Commission's
rules and forms. Disclosure controls and procedures include, without limitation,
controls and procedures designed to provide reasonable assurances that
information required to be disclosed by the Company in its periodic reports that
are filed under the Exchange Act is accumulated and communicated to our
Principal Executive Officer, as appropriate to allow timely decisions regarding
required disclosure.

     Evaluation of disclosure and controls and procedures.

     As of the end of the period covered by this report, the Company carried out
an evaluation, under the supervision and with the participation of management
including our Principal Executive Officer, of the effectiveness of the design
and operation of the Company's disclosure controls and procedures (as defined in
Rules 13a-15(e) and 15d-15(e) under the Exchange Act). Based on the evaluation,
the Company's Principal Executive Officer has concluded that the Company's
disclosure controls and procedures are designed to provide reasonable assurances
that information required to be disclosed by the Company in the reports that it
files or submits under the Exchange Act is recorded, processed, summarized and
reported within the time periods specified in the SEC's rules and forms and are
operating in an effective manner.

     Changes in internal controls over financial reporting.

     There were no changes in the Company's internal controls over financial
reporting or in other factors that have materially affected, or are reasonably
likely to materially affect, the Company's internal control over financial
reporting.


                                        9
<PAGE>

                           PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

     During the quarter ended December 31, 2009, the Company was not a party to
any material legal proceedings.


Item 5. Other Information.


     Between February 3, 2009 and December 7, 2009, Mr. Bronson loaned the
Company an aggregate principal amount of $32,000 (the "Loans") to fund the
Company's working capital needs and to pay operating expenses. The Loans are
repayable upon demand and accrue interest at the rate of 10% per annum. On
December 11, 2009, the Company entered into a Consolidated Loan Agreement with
Mr. Bronson to memorialize the Loans. The Consolidated Loan Agreement was
attached as Exhibit 10.19 to the Company's Form 10-K for the year ended
September 30, 2009. Subsequent to the filing of Exhibit 10.19, the Company
noticed that there were certain errors contained in the Consolidated Loan
Agreement relating to the aggregate principal amount of the Loans and the
accrued interest. Accordingly, the Company has entered into an Amended
Consolidated Loan Agreement, dated February 12, 2010, which is attached hereto
as Exhibit 10.20. The Loans have accrued interest of $907 through December 31,
2009.


Item 6. Exhibits.

     a. Exhibits

     The following exhibits are hereby filed as part of this Quarterly Report on
Form 10-Q or incorporated herein by reference.

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)



                                       10
<PAGE>

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)

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).


                                       11
<PAGE>

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.

10.20*     Amended Consolidated Loan Agreement between Steven N. Bronson and
           4net Software, Inc., dated February 12, 2010.

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

--------------------------------
*   Filed herewith


                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


Dated: Februay 12, 2010
                                     4net Software, Inc.


                                     By: /s/ Steven N. Bronson
                                         -----------------------------------
                                         Steven N. Bronson, President
                                         Principle Executive Officer
                                         as Registrant's duly authorized officer


                                       12
<PAGE>

                                  EXHIBIT INDEX


The following Exhibits are filed herewith:

Exhibit
Number     Description of Document
------     -----------------------

10.20      Amended Consolidated Loan Agreement between Steven N. Bronson and
           4net Software, Inc., dated February 12, 2010.

31         President's Statement 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.