FORM 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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

                       For Quarter Ended December 31, 2001

                                       OR

              [ ] 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: 33-131110-NY

                               4net Software, Inc.
              -----------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)

           DELAWARE                                   22-1895668
 ------------------------------                   ------------------
 State or other jurisdiction of                    (I.R.S. Employer
 incorporation or organization                    Identification No.)

            10 South Street, Suite 202, Ridgefield, Connecticut 06877
           ----------------------------------------------------------
               (Address of Principal Executive Office) (Zip Code)

                                 (203) 825-5427
               --------------------------------------------------
               (Registrant's telephone number including area code)


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 was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.  Yes  X   No
                                                               ---     ---

As of February 15, 2002, there were issued and outstanding 8,661,018 shares of
the registrant's common stock, par value $.00001 per share.

Transitional Small Business Disclosure Format (check one):
Yes     No  X
   ---     ---

<PAGE>

                               4net Software, Inc

                                TABLE OF CONTENTS



                                                                        Page No.
                                                                        --------

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

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

Balance Sheets............................................................  3

Statements of Operations..................................................  4

Statements of Cash Flows .................................................  5

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

Item 2.  Management's Discussion And
           Plan Of Operations.............................................  8

PART II - OTHER INFORMATION............................................... 11

Item 1.  Legal Proceedings................................................ 11

Item 2.  Changes in Securities............................................ 12

Item 5.  Other Information................................................ 12

Item 6.  Exhibits & Reports on Form 8-K................................... 12

SIGNATURES................................................................ 14




<PAGE>

                         PART I - FINANCIAL INFORMATION

Item 1.        Financial Statements

                               4NET SOFTWARE, INC.
                                 BALANCE SHEETS

<TABLE>
<CAPTION>
                                                                                    December 31,
                                                                                       2001         September 30,
                                                                                    (Unaudited)         2001
                                                             ASSETS

<S>                                                                                 <C>             <C>
CURRENT ASSETS
     Cash                                                                           $   247,518     $   364,779
     Accounts receivable-trade - net                                                      8,123          17,663
     Other receivables                                                                       --          10,000
                                                                                    -----------     -----------

     Total Current Assets                                                               255,641         392,442

PROPERTY AND EQUIPMENT - net                                                              6,125           6,604

OTHER ASSET                                                                               3,832           3,832
                                                                                    -----------     -----------

                                                                                    $   265,598     $   402,878
                                                                                    ===========     ===========

                                            LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

   Accounts payable and accrued expenses                                            $    36,125     $    53,515
   Current maturities of long-term debt                                                      --          85,451
                                                                                    -----------     -----------

   Total Current Liabilities                                                             36,125         138,966
                                                                                    -----------     -----------



STOCKHOLDERS' EQUITY
     Preferred stock, $.01 par value; authorized-5,000,000 shares
          Series A authorized -550,000 shares; issued and outstanding - none                 --              --
     Common stock $.00001 par value; authorized-100,000,000 shares
          Issued and outstanding-8,621,018 shares (September 30, 2001) and
          8,661,018 shares (December 31, 2001)                                               87              86
     Capital in excess of par value                                                   3,113,262       3,103,262
     Accumulated deficit                                                             (2,883,876)     (2,839,436)
                                                                                    -----------     -----------

                                                                                        229,473         263,912
                                                                                    -----------     -----------

                                                                                    $   265,598     $   402,878
                                                                                    ===========     ===========
</TABLE>

              See accompanying notes to these financial statements.
                                       3
<PAGE>

                               4NET SOFTWARE, INC.
                            STATEMENTS OF OPERATIONS
                  THREE MONTHS ENDED DECEMBER 31, 2001 AND 2000
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                       2001            2000
<S>                                                <C>             <C>
REVENUES
     Web hosting, licensing and design services    $    27,516     $    80,564
                                                   -----------     -----------

OPERATING EXPENSES
    Cost of services                                     5,210           5,504
    General and administrative                          65,893         170,375
    Depreciation and amortization                          479          23,724
                                                   -----------     -----------

                                                        71,582        (199,603)
                                                   -----------     -----------

(LOSS) FROM OPERATIONS                                 (44,066)       (119,039)
                                                   -----------     -----------

OTHER INCOME  (EXPENSES)
    Bad debt recovery                                       --          67,000
    Interest expense                                    (1,378)         (2,171)
    Other income                                         1,004           1,702
                                                   -----------     -----------

                                                          (374)         66,531
                                                   -----------     -----------

NET (LOSS)                                         $   (44,440)    $   (52,508)
                                                   ===========     ===========

WEIGHTED AVERAGE NUMBER OF SHARES
     OUTSTANDING-Basic and diluted                   8,643,685       8,011,018
                                                   ===========     ===========

NET (LOSS) PER COMMON SHARE -
    Basic and diluted                              $      (.01)    $      (.01)
                                                   ===========     ===========
</TABLE>


              See accompanying notes to these financial statements.
                                       4
<PAGE>

                               4NET SOFTWARE, INC.
                            STATEMENTS OF CASH FLOWS
                  THREE MONTHS ENDED DECEMBER 31, 2001 AND 2000
                                   (Unaudited)

<TABLE>
<CAPTION>

                                                                                       2001          2000
<S>                                                                                 <C>           <C>
CASH FLOWS FROM OPERATING ACTIVITIES
    Net (loss)                                                                      $ (44,440)    $ (52,508)
    Adjustments to reconcile net (loss) to net cash used in operating activities
       Depreciation and amortization                                                      479        23,724
       Common stock issued for professional services                                   10,000            --
    Changes in assets and liabilities:
       Decrease (increase) in accounts receivable                                       9,540       (30,508)
       (Decrease) in accounts payable and accrued expenses                            (17,389)      (39,871)
       Decrease in other receivables                                                   10,000            --
                                                                                    ---------     ---------

Net cash (used) in operating activities                                               (31,810)      (99,163)
                                                                                    ---------     ---------

CASH FLOWS FROM INVESTING ACTIVITIES
    Cash paid for equipment                                                                --        (1,642)
                                                                                    ---------     ---------

Net cash (used) in investing activities                                                    --        (1,642)
                                                                                    ---------     ---------

CASH FLOWS FROM FINANCING ACTIVITIES
    Principal payments of long-term debt                                              (85,451)       (5,515)
                                                                                    ---------     ---------

Net cash (used) by financing activities                                               (85,451)       (5,515)
                                                                                    ---------     ---------

NET (DECREASE) IN CASH                                                               (117,261)     (106,320)

CASH - BEGINNING OF PERIOD                                                            364,779       393,906
                                                                                    ---------     ---------

CASH - END OF PERIOD                                                                $ 247,518     $ 287,586
                                                                                    =========     =========
</TABLE>

              See accompanying notes to these financial statements.
                                       5
<PAGE>

                               4NET SOFTWARE, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                DECEMBER 31, 2001
                                   (Unaudited)


NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         The accompanying interim financial statements of 4net Software, Inc.
         (the Company) are unaudited. In the opinion of management, the interim
         data includes all adjustments, consisting only of normal recurring
         adjustments, necessary for a fair presentation of the results for the
         interim period. The results of operations for the period ended December
         31, 2001 are not necessarily indicative of the operating results for
         the entire year.

         We have prepared the financial statements included herein 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 generally accepted
         accounting principles have been condensed or omitted pursuant to such
         rules and regulations. We believe the disclosures made are adequate to
         make the information not misleading and recommend that these condensed
         financial statements be read in conjunction with the financial
         statements and notes included in our Form 10-KSB for the year ended
         September 30, 2001.

         The Company was incorporated under the laws of the State of Delaware in
         1986. In March 2001, 4networld.com, Inc. effectuated an upstream merger
         of its wholly owned subsidiary, 4net Software, Inc. (the Subsidiary)
         into 4networld.com, Inc. and changed the name of the Company to 4net
         Software, Inc. The financial statements as of December 31, 2001 and for
         the quarter then ended include the combined operations of the Company
         and its previously wholly owned subsidiary.

         The financial statements for the quarter ended December 31, 2000,
         include the consolidated accounts of 4networld.com, Inc. All
         significant intercompany balances and transactions have been eliminated
         in consolidation.

         USE OF ESTIMATES - The preparation of financial statements in
         conformity with generally accepted accounting principles requires us 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, we consider as
         cash equivalents all highly liquid investments with a maturity of three
         months or less at the time of purchase. At December 31, 2001, there
         were no cash equivalents.

         INCOME TAXES - We have adopted the provisions of SFAS No. 109,
         "Accounting for Income Taxes". SFAS 109 requires recognition of
         deferred tax liabilities and assets for the expected future tax
         consequences of events that have been included in the financial
         statements or tax returns. Under this method, deferred tax liabilities
         and assets are determined based on the difference between the financial
         statement and tax basis of assets and liabilities using enacted tax
         rates in effect for the year in which the difference are expected to
         reverse.

                                       6
<PAGE>

                               4NET SOFTWARE, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                DECEMBER 31, 2001
                                   (Unaudited)


NOTE 2 - COMMON STOCK

         In November 2001, the Company issued 20,000 shares of its common stock
         to each of two Directors of the Company. The total value of this stock
         is $10,000 based on the trading price of the Company's common stock as
         of the date of issuance.












                                       7
<PAGE>

Item 2. Management's Discussion and Analysis and Plan Of Operations

     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-KSB for the year ended September 30, 2001, which is incorporated herein by
reference.


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

     This report on Form 10-QSB 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. 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-KSB for the year ended September 30, 2001.
Readers are cautioned not to place undo reliance on these forward-looking
statements, which speak only as of the date hereof. We undertake no obligation
to update any forward-looking statements.

Background
----------

           The Company was incorporated in 1986 under the name Medtech
Diagnostics, Inc. and ceased all operations in 1991. Between 1991 and March
2000, the Company had no operations, except for necessary administrative
matters, and was not engaged in operating a business. During that period, the
Company utilized its resources to remain in compliance with the periodic
reporting requirements of the federal securities laws while management attempted
to arrange for a merger, acquisition or other transaction by and between the
Company and a viable operating entity.

           In March 2000, the Company adopted a plan of operation to make
acquisitions and strategic investments in companies that had developed unique
niche software and/or Internet related products and services. Shortly thereafter
the Company changed its name to 4networld.com, Inc. The Company's objective was
to acquire software and/or Internet solution companies that enabled businesses
to streamline key business processes and increase operating efficiency.
Following an acquisition the Company planned to develop, manage and operate the
acquired business through, among other things, providing management and
financial support, as well as assisting the acquired businesses in marketing,
sales, and accounting functions.


           On April 28, 2000, the Company acquired all of the issued and
outstanding capital stock of DelOtto Systems, Inc., a Pennsylvania corporation
("DelOtto Systems"). DelOtto Systems was engaged in the business of developing
Web-based software applications focusing on content management and information
exchange and designing business-critical Web sites.


                                       8
<PAGE>

           Following the acquisition of DelOtto Systems, the Company changed the
name of DelOtto Systems to 4net Software, Inc. ("4net Software (PA)") and
operated it as a wholly owned subsidiary. In December 2000, the Company
restructured its wholly owned subsidiary from a Pennsylvania corporation to a
Delaware corporation. In connection with the restructuring of 4net Software
(PA), the Company formed a Delaware corporation named 4net Software, Inc. ("4net
Software (DE)") as a wholly owned subsidiary and merged 4net Software (PA) with
and into 4net Software (DE). Subsequent to the merger, 4net Software (PA) was
dissolved.

           Then on February 20, 2001, the Board of Directors of the Company
authorized and approved the upstream merger of 4net Software (DE), the Company's
wholly owned subsidiary, with and into the Company pursuant to Section 253 of
the General Corporation Law of the State of Delaware (the "Upstream Merger"). In
connection with the Upstream Merger the Company changed its name from
4networld.com, Inc. to 4net Software, Inc. The Upstream Merger and name change
became effective on March 2, 2001, when the Company filed a Certificate of
Ownership and Merger with the Delaware Secretary of State. A copy of the
Certificate of Ownership and Merger is attached to the Company's Form 8-K filed
on March 13, 2001, and is incorporated herein by reference. Subsequent to the
Upstream Merger, 4net Software (DE) was dissolved. Accordingly, at this time the
Company does not have any subsidiaries.

           During the fiscal year ended September 30, 2001, 4net Software was
engaged in the business of providing content management and content syndication
software and designing business-critical Web sites (the "Content Management and
Web Site Design Business"). During the fiscal year ended September 30, 2001, the
Company attempted to license its proprietary software, namely 4netManager(TM)
and to provide Web site development services to small and middle sized
companies.

           Due to a decrease in technology spending, competition for Web site
development services and the Company's inability to earn a profit, the Company
decided, during the quarter ended December 31, 2001, to limit its marketing
efforts in connection with the Content Management and Web Site Design Business
and to cease the further development of its proprietary content management
system, 4netManager(TM). The Company has also ceased its efforts to develop an
enterprise version of 4netManager(TM). These determinations will greatly
restrict the Company's ability to compete successfully in the content management
and Web site design industry.

           During the fiscal year ended September 30, 2001, the Company's
Acquisition Strategy consisted of searching for and evaluating acquisition
candidates that have developed proven software or Internet solutions intended to
assist the business community. During the quarter ended December 31, 2001, 4net
Software modified its Acquisition Strategy, such that 4net Software is now
seeking to acquire undervalued businesses in any industry with a history of
operating revenues and net earnings in markets that provide room for growth
and/or expansion. The Company utilizes the following criteria to evaluate
prospective acquisition targets, including whether the business to be acquired
(1) is an established business with viable services or products, (2) has an
experienced management team, (3) has room 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.


                                       9
<PAGE>

Results Of Operations

        For the three month periods ended December 31, 2001 and 2000, the
Company had revenue of $27,516 and $80,564, respectively. The decrease in
revenue for the three month period ended December 31, 2001 is attributable to
the Company's decision to limit its marketing efforts in connection with the
Content Management and Web Site Design Business, which caused a drop in sales of
software licenses and Web site design services.

        Operating expenses for the three month periods ended December 31, 2001
and 2000 were $71,582 and $199,603, respectively. The decrease in operating
expenses for the three months ended December 31, 2001 was due primarily to a
decrease in general and administrative expenses for the three months ended
December 31, 2001 in the amount of $104,482 as compared to the same period last
year. The decrease in general and administrative expenses was due to the decline
in employee wages and marketing expenses associated with the Content Management
and Web Site Design Business.

         For the three month periods ended December 31, 2001 and 2000, the
Company had operating losses of $44,066 and $119,039, respectively. The losses
incurred by the Company in the three month period ended December 31, 2001 were
due primarily to the Company's inability to generate sufficient revenues from
the Content Management and Web Site Design Business to cover expenses as well as
the Company's efforts to locate suitable merger targets and negotiate
acquisitions, in accordance with the Company's business plan.

Liquidity And Capital Resources

        During the three month period ended December 31, 2001, the Company
satisfied its working capital needs from cash on hand at the beginning of the
period, cash generated from operations and interest income. As of December 31,
2001, the Company had cash on hand in the amount of $247,518. The Company will
need additional funds in order to effectuate its business strategy. There is no
assurance that the Company will be able to obtain such additional funds, when
needed. Even if the Company is able to obtain additional funds there is no
assurance that the Company will be able to effectuate its new business strategy.

Current Operations of 4net Software

           The Company is currently engaged in managing the Content Management
and Web Site Design Business by servicing its existing clients and accepting new
clients only through referrals and other unsolicited contacts. The Company is
not currently engaged in any material marketing or sales efforts for its Content
Management and Web Site Design Business. 4net Software has never profited from
the Content Management and Web Site Design Business and there can be no
assurance that the Company will ever profit from the Content Management and Web
Site Design Business.

                                       10
<PAGE>

           4net Software is currently engaged in identifying, investigating and,
if investigation warrants, acquiring companies that will enhance 4net Software's
revenues and increase shareholder value. 4net Software's Acquisition Strategy is
focused on pursuing a strategy of growth by acquiring undervalued businesses
with a history of operating revenues and net earnings. The Company utilizes
several criteria to evaluate prospective acquisitions including whether the
business to be acquired (1) is an established business with viable services or
products, (2) has an experienced management team, (3) has room 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.

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

           Management believes that the future of the Company is dependent upon
the Company completing an acquisition, merger or other business combination
between the Company and a viable operating entity. There can be no assurance
that the Company will be able to compete an acquisition, merger or other
business combination between the Company and a viable operating entity.
Additionally, Management believes that the Company will need to raise additional
funds through equity or debt financing to complete an acquisition, merger or
other business combination between the Company and a viable operating entity.
There can be no assurance that the Company will be able to successfully compete
an equity or debt financing to complete an acquisition, merger or other business
combination between the Company and a viable operating entity.



                           PART II - OTHER INFORMATION

Item 1. Legal Proceedings

     During the quarter ended December 31, 2001, the Company was not a party to
any material legal proceedings.

     However, on November 19, 2001, the Company received a letter from an
attorney on behalf of Gregory Jacobson, a former employee of 4net Software, that
asserted that Mr. Jacobson's employment was wrongfully terminated by the
Company. The letter indicated that Mr. Jacobson may commence a litigation
against the Company for wrongful termination. To date, the Company has not heard
anything further from Mr. Jacobson. Mr. Jacobson was terminated for cause on
October 2, 2001, for among other things, insubordination, failure to perform and
excessive absenteeism. Accordingly, the Company does not believe that Mr.
Jacobson's threatened claim has any merit or that it will have a material effect
on the Company.


                                       11
<PAGE>

Item 2. Changes in Securities

     On November 9, 2001, the Company authorized the issuance of 20,000 shares
of common stock to Leonard Hagan as consideration for the services he rendered
to the Company as a director pursuant to the Company's 2000 Stock Incentive
Plan. The shares issued to Leonard Hagan had a fair market value of $5,000. The
shares issued to Leonard Hagan are restricted securities and were issued
pursuant to Section 4 (2) of the Securities Act of 1933.

     On November 9, 2001, the Company authorized the issuance of 20,000 shares
of common stock to Alan Rosenberg as consideration for the services he rendered
to the Company as a director pursuant to the Company's 2000 Stock Incentive
Plan. The shares issued to Alan Rosenberg had a fair market value of $5,000. The
shares issued to Alan Rosenberg are restricted securities and were issued
pursuant to Section 4 (2) of the Securities Act of 1933.

Item 5. Other Information

     As previously disclosed in the Company's Form 8-K, dated December 4, 2001,
the Company dismissed Kaufman, Rossin & Co. as its independent accountants and
engaged Wheeler Wasoff, P.C. as its new independent accountants, effective on
December 4, 2001. As noted in the Form 8-K, dated December 4, 2001, there were
no disagreements or disputes between the Company and its accountants concerning
accounting methods or procedures and/or financial disclosure. The Company's Form
8-K, dated December 4, 2001 is incorporated herein by reference.

Item 6. Exhibits And Reports On Form 8-K

     a. Exhibits

     The following exhibits are hereby filed as part of this Quarterly Report on
Form 10-QSB 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-QSB for the quarter ended June
           30, 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-QSB for the quarter ended June 30, 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-QSB for the quarter
           ended March 31, 2001.)

                                       12
<PAGE>

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-QSB 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-QSB
           for the quarter ended June 30, 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-QSB for the quarter
           ended June 30, 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-QSB 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-QSB 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-QSB 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-QSB 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-QSB for the
           quarter ended June 30, 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-QSB
           for the quarter ended June 30, 2001)

                                       13
<PAGE>


10.11#     Separation Agreement, dated as of September 21, 2001 by and between
           the Company and Michael Park, which is attached hereto as an exhibit
           and is incorporated herein by reference.
--------------------------------
*    Filed herewith
#    Incorporated herein by reference
@    Represents a management contract


     b. Reports on Form 8-K.

     On December 4, 2001, the Company filed a current report on Form 8-K,
disclosing that the Company dismissed Kaufman, Rossin & Co. as its independent
accountants and engaged Wheeler Wasoff, P.C. as its new independent accountants,
effective on December 4, 2001. As noted in the Form 8-K, dated December 4, 2001,
there were no disagreements or disputes between the Company and its accountants
concerning accounting methods or procedures and/or financial disclosure. The
Company's Form 8-K, dated December 4, 2001 is incorporated herein by reference.

                                   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.


February 19, 2002


                                   4net Software, Inc.

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