U.S. Securities and Exchange Commission
                          Washington, DC 20549

                              FORM 10-Q

(X) Quarterly Report Pursuant to Section 13 or 15(d) of the Securities 
Exchange Act of 1934

For the quarterly period ended September 30, 1996

(  ) 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: 333-5862                    


                            Net Lnnx, Inc.
 ................................................................................
       (Exact Name of Registrant as specified in its charter)

       Pennsylvania                               23-1726390     
 ................................................................................

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


324 Datura Street, Suite 150, West Palm Beach, Florida       33401
 ................................................................................
(Address of principal executive offices)                   (Zip Code)

Registrant's telephone number,  (407) 832-8832                              

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

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDING DURING THE PRECEDING FIVE YEARS:
Indicate by check mark whether the registrant has filed all documents and 
reports required to be filed by Sections 12, 13, or 15(d) of the Securities 
Exchange Act of 1934 subsequent to the distribution of securities under a 
plan confirmed by a court.  Yes   No

APPLICABLE ONLY TO CORPORATE ISSUERS;

Indicate the number of shares outstanding of each of the issuer's classes of 
common stock, as of the latest practicable date. 1,450,126 shares outstanding 
as of September 30, 1996.  
<PAGE>

                         PART I - FINANCIAL INFORMATION

ITEM 1 - FINANCIAL STATEMENTS - ATTACHED TO BACK OF DOCUMENT


<PAGE>

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

     After several years of having no operations the Company entered into an 
agreement to purchase a majority interest in Communications/USA, Inc. (CUSA). 
Through CUSA's wholly owned subsidiary CommTel/USA, Inc., ("CommTel") it owns 
and operates Voice-Tel franchises which comprises the West Coast of Florida 
from Tampa Bay to Naples, and the East Coast of Florida from Cocoa to Stuart.

     Voice-Tel is in the interactive voice messaging industry and sells its 
products to local customers as well as National Accounts. CommTel expects to 
provide in excess of $1,000,000 in interactive voice messaging services to 
these accounts.

     The national accounts comprise approximately 60% of the Company's 
revenues. A typical account in this category is a multi-level marketing 
company. The largest national account, Amway, purchases a block of telephone 
numbers from the Company and then re-sells them to its independent
distributors. All the incidentals of billing and collections are handled by
Amway, with the Company receiving its revenues on a monthly basis.  Service
issues are handled by the Company. The other national accounts 
are handled in the same manner as the Company's corporate/retail accounts.

     The corporate/retail accounts are typically comprised of corporations or 
individuals who desire interactive voice messaging. An example would be a 
local real estate broker who desires to be able to communicate with his/her 
agents through this medium. The other major target market is for companies 
with a field sales and service force.

     The Company has also formed a wholly owned subsidiary to provide 
Internet services such as consulting and Web Site preparation to businesses
and individuals. 

Liquidity:

     The Company's present levels of operations are not sufficient to fund 
the operations of its Internet Service Provider (ISP) subsidiary. As such,
it will be necessary for the company to raise additional funds from sales of
its common or preferred stock. Management believes that the ISP's revenues
will increase sufficiently to cover its operating expenses by the first or
second quarter of 1997.

     The Company's majority owned affiliate, Communicatons/USA, has a current 
level of operations sufficient to generate enough cash to adequately fund it 
operations. This trend is expected to continue in the future.

Capital Commitment

     Presently, the Company does not expect to make any significant capital 
expenditures. In the event that additional financing is obtained, the Company 
may expand by acquiring more Voice-Tel franchises.

<PAGE>

     In order to accomplish its sales goals, the Company may be required to 
add sales employees. Management anticipates approximately two new sales 
positions to be created during the next fiscal year.

Results of Operations:

     The Company experienced a profit of $125,875 or $.09 per share for the 
quarter ended September 30, 1996. The profit was a result of a gain on 
non-monetary exchange of Web Site development services for advertising and 
other publicity with publications and periodicals. The impact of these
transactions also generated a profit of $70,338 or $.07 per share for the
nine months then ended, however this was offset by a writeoff of approximately
$200,000 due to a premature cancellation of a consulting agreement. This 
write off then generated a loss of $111,231 or $.09 per share for the nine
months.

     Management expects that the Company will not enter into as many of these 
types of transactions in the future. As such, gains of this type may not 
occur in subsequent periods.

     The Company's revenues have been increasing, but are not large enough to 
provide the cash flow necessary to fund its operations. The Company will rely 
on raising capital to fund its operations for the near future. It is expected 
that as a result of its advertising campaign, revenues will increase in 
subsequent quarters.


                  PART II - OTHER INFORMATION


Item 5. Other Information

     On November 11, 1996, the majority shareholder of the Company entered 
into an agreement to restructure the stock ownership of the Company. Pursuant 
to the agreement, Robert C. Hackney & Cyndee W. Hackney transferred shares to 
Raul E. Balsera and Georgia A. Balsera and Robert B. Feiman and Roberta 
Feiman. In addition, Robert B. Feiman and Roberta Feiman exchanged 250,000 
shares of the Company's subsidiary, Communications/USA, Inc. for 250,000 
shares of the Company. As a result of the agreement, beneficial shares 
ownership among the three individuals is as follows: Robert B. Feiman and 
Roberta Feiman, 398,334, Robert C. Hackney and Cyndee W. Hackney, 396,624 and 
Raul E. Balsera and Georgia A. Balsera, 396,333. Raul E. Balsera was also 
appointed President of the Company, with Robert C. Hackney remaining as a 
director. 


Item 6. Exhibits and Reports on Form 8-K.

     No reports on Form 8-K were filed during the quarter ended September 30, 
1996.


<PAGE>     


                               SIGNATURES

     Pursuant to the requirements of the Securities and Exchange Act of 1934, 
the registrant caused this registration statement to be signed on its behalf 
by the undersigned, thereunto duly authorized.

                              NET LNNX, INC.
 ................................................................................
              
                              (Registrant)


Date:  November 19, 1996


                                              By: /s/Raul E. Balsera
                                                    Raul E. Balsera, President



<TABLE>          
<CAPTION>

NET LNNX, INC.
BALANCE SHEETS

                                                  Sep.30          Dec. 31
                                                   1996            1995
                                                (Unaudited)      (Audited)
<S>                                             <C>              <C>
ASSETS
Current Assets
   Cash in Bank                                  $       43,173   $       2,164
   Accounts Receivable                                    2,139          -     
   Subscriptions Receivable                              10,000          -
   Prepaids and Other Assets                            578,500          -
        Total Current Assets                            633,812          2,164

Property and Equipment
(net of Depreciation of
$ 540 at 9/30/96)                                        10,258        -

Investment in Subsidiary                              1,591,220        -     
Total Assets                                  $       2,235,290   $      2,164

LIABILITIES AND SHAREHOLDERS' EQUITY               
Current Liabilities:

Accounts Payable and Accruals                            82,805         -
       Total Current Liabilities                         82,805         -     

       Total Liabilities                                 82,805         -

Shareholders' Equity:
 Preferred Stock, no par, 5,000,000 shares                               -             
 authorized, no shares issued or outstanding                
 as of September 30, 1996                                  -      
 Common Stock, no par, 20,000,000 shares auth.                    
 1,450,126 and 165,0000 issued and outstanding
 at September 30, 1996 and December 31, 1995               -              -
   Additional Paid-in Capital                         2,262,552          1,000
                                                                          -
   Retained Earnings(Deficit)                          (110,067)         1,164
     Total Shareholders' Equity                        2,152,485         2,164
       Total Liabilities and Shareholders' Equity    $ 2,235,290  $       2,164

</TABLE>

FINANCIAL STATEMENTS- CONTINUED               

<TABLE>
<CAPTION>

NET LNNX, INC.
STATEMENTS OF OPERATIONS AND RETAINED EARNINGS(DEFICIT)          


                                               For the Nine Months Ended

                                                Sep. 30           Sep. 30
                                                 1996             1995
<S>                                             <C>               <C>

Revenues                                        $      22,883     $        90

Cost of Revenues                                       76,430             - 

          Gross Margin                                (53,547)             90

Expenses General and Administrative                   631,471             336

     Income(Loss) from Operations                    (685,018)           (246)
                                                       
Gain on Non-Monetary transactions                     558,000     
Depreciation                                              540            - 
Income on Subsidiary Equity                            16,327            -

                                                      573,787            -   

     Income(Loss)before Income Taxes            $    (111,231)      $   (246)                                             

Income Tax Provision                                     -               -     
                                                       
     Net Income                                      (111,231)

Retained Earnings-beginning of Period                   1,164           2,026
                                                                        
Retained Earnings-End of Period                 $    (110,067)       $  1,780

Income(Loss) per common shares                  $       (0.09)       $ (0.001)

Weighted Average number of common shares          
outstanding                                         1,241,435         165,000

</TABLE>



ITEM 1-FINANCIAL STATEMENTS-CONTINUED

<TABLE>
<CAPTION>

NET LNNX, INC.
STATEMENTS OF OPERATIONS


                                               For the Three Months Ended
                                                Sep. 30              Sep.30
                                                  1996                  1995

<S>                                             <C>                     <C>

Revenues                                        $       18,840        $       48                                         
Cost of Revenues                                        58,647             -

          Gross Margin                                 (39,807)            48

Expenses General and Administrative                    529,010             -

     Income(Loss) from Operations                     (568,817)            48

Gain from Non-Monetary Transactions                    558,000
Depreciation                                               360            -
Income on Subsidiary Equity                            137,052            -
                                                       694,692            -
     Income before Income Taxes                        125,875

Provision for Income Taxes                                -               -

     Net Income(Loss)                           $      125,875        $    48


Income(Loss) Per Common Share                   $         0.09        $  0.00

Weighted Average number of Common 
Shares outstanding                                   1,388,012        165,000

</TABLE>

                                                            
                                                            
ITEM 1-FINANCIAL STATEMENTS-CONTINUED               

<TABLE>
<CAPTION>

NET LNNX, INC.
STATEMENT OF CASH FLOWS

                                                   For the Nine Months Ended  
                                                   Sep.30              Sep. 30
                                                    1996                 1995
<S>                                                <C>                  <C>

Cash Flows from Operations:
Net Income(Loss)                                $   (111,231)       $    (246)
Adjustments to reconcile net loss 
to net cash:
   Depreciation                                          540
   Expenses paid through stock issuance              412,875     
   Income from non-monetary transactions            (558,000)
   Gain on Subsidiary equity                         (16,327)
Change in  assets and liabilities:
   (Increase) in Accounts Receivab                    (2,139)     
   Payable to Subsidiary                              83,284
   Subscriptions Receivable                          (10,000)
    Increase in Accrued Expenses                      82,805     

Net cash (used) by operations                       (118,193)            (246)
                                        
Cash Flows from Investing Activities:     
   Acquisition of Property                           (10,798)
                                        
Cash Flows from Financing Activities:     
 Proceeds from sale of Preferred Stock               170,000
                                        
          Net change in cash                          41,009             (246)

     Cash at beginning of Period                       2,164            2,350

     Cash at end of Period                      $     43,173    $       2,104

</TABLE>


ITEM I- FINANCIAL INFORMATION-CONTINUED

NET LNNX, INC.
FOOTNOTES TO FINANCIAL STATEMENTS

Note 1- Summary of Significant Accounting Policies:

Organization and Purpose: The company was a wholly owned subsidiary of 
Corporate Investment on December 31, 1988. On May 5, 1989 Corporate Investment 
Company distributed all of the outstanding stock of the Company to the 
shareholders of Corporate Investment Company as a one share stock for stock 
dividend. 

On December 29, 1995, the company entered into an agreement to exchange 85% of 
its no par value common stock for approximately 55% ownership in 
Communications/USA, Inc. The actual transaction took place in January 1996, 
and the Company filed a Form 8K dated January 8, 1996 detailing the 
transaction.

The Company's new Board of Directors and shareholders authorized a name change 
from Chester County Security Fund, Inc., to NET LNNX, Inc., as well as a one 
for twenty reverse stock split of its common stock.

The Company's purpose is to develop and invest in high-tech company's 
primarily engaged in the information super highway industry. Besides the above 
named investment, the Company has also formed a wholly owned subsidiary, 
TrueNet Corporation, to develop and market products to be used in the 
Internet.

Accounting for Results of Operations in Unconsolidated Subsidiary.- The 
Company's management has opted for accounting for the results of operations of 
unconsolidated subsidiaries under the Equity Method. This means that the 
Company records only its portion(approximately 55%) of income or losses of the 
subsidiary. For the quarter and nine months ended September 30, 1996 this 
amounted to an equity pick-up of $137,052 and $16,327 respectively.

Property and Equipment.- Property and Equipment are recorded at cost. The 
equipment is depreciated over its useful life. There are no differences 
between book and tax depreciation. Repairs and maintenance are expensed as 
incurred.

<PAGE>


Note 2- Prepaids and Other Assets

During the quarter ended September 30, 1996, the company entered into various 
agreements to exchange WEB Site development and hosting services for 
advertising and corporate publicity with several publications, primarily 
focused toward the investing public. The company realized a non-monetary gain 
on the exchange of services aggregating $558,000. The company is carrying 
these gains as Prepaid Advertising on its Balance Sheet, and intends to 
amortize them as they are utilized.


Note 3- Preferred Stock

The company in exchange for a Note had issued 17,000 shares of its convertible 
preferred stock, at a price of $10 per share. The company converted the 
preferred into 53,572 shares of its common stock at an average price of $3.17 
per share.


<PAGE>