UNITED STATES SECURITIES AND EXCHANGE COMMISSION
450 Fifth Street, N.W.
Washington, D. C. 20549


FORM 10-QSB


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

For the quarterly period ended December 31, 2001

[ ] TRANSITION REPORT UNDER SECTION 14 OR 15(d) OF THE EXCHANGE ACT

For the transition period from ____________ to ______________


Commission file number 000-30675


EnXnet, Inc.

(Exact name of Small Business Issuer in its charter)


Oklahoma                               73-1561191

(State of Incorporation)     (I.R.S. Employer Identification No.)


1723 S Boston Ave
Tulsa, Oklahoma 74119

(Address of principal executive offices.)


Registrant's telephone number: (918) 592-0015

Former Company:

Former Conformed Name: Emajix.com, Inc

Date of Name change: 20010801



As of February 10, 2002, there were 23,460,200 shares of Common Stock,
$0.00005 par value, of the issuer outstanding.
=================================================================







INDEX
Part I. FINANCIAL INFORMATION

ITEM I. Financial Statements

Balance Sheets
December 31, 2001 and March 31, 2001                                    3

Statements of Loss
For the Three months and Nine months ended December 31, 2001 and 2000,
and from inception (March 30, 1999) to December 31, 2001                4

Statements of Changes in Stockholders Equity                            5

Statement of Cash Flows
For the Nine months ended December 31, 2001 and 2000;
and from inception (March 30, 1999) to December 31, 2001               6-7

Summary of Accounting Policies                                         8-9

Notes to Financial Statements                                         10-11


ITEM 2. Managements Discussion and Analysis or Plan of Operation      12-13


PART II. OTHER INFORMATION

Item 1. Legal Proceedings                                               14

Item 2. Changes in Securities                                           14

Item 3. Defaults Upon Senior Securities                                 14

Item 4. Submission of matters to a vote to security Holders             14

Item 5. Other Information                                               14

Item 6. Exhibits and Reports on Form 8-K                                14

Signatures                                                              15
















EnXnet, Inc.
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEETS

ASSETS
                                                     December 31, March 31,
                                                          2001       2001
                                                      (Unaudited)  (Audited)

Current assets:
Cash                                                    $  5,543   $    531
Accounts receivable                                        1,267       -
Accounts receivable other                                  -            798
Prepaid expense                                            -          1,534
                                                        ________   ________
Total current assets                                       6,810      2,863
                                                        ________   ________

Equipment, net                                            31,182     20,258
                                                        ________   ________
Other assets:
Deposits                                                   2,350        850
Licenses, net (Note 2)                                   208,704    227,678
Marketable securities                                    218,870    367,848
                                                        ________    _______
Total other assets                                       429,924    596,376
                                                        ________    _______
Total assets                                            $467,916   $619,497
                                                        ========    =======

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
Accounts payable and accrued expense                    $133,578    $75,545
Notes payable, current (Note 4)                          130,000    100,000
                                                        ________   ________
Total current liabilities                                263,578    175,545
                                                        ________   ________

Commitments and contingencies (Notes 1, and 5)

Stockholders' equity:
Common stock, $.00005 par value;
200,000,000 shares authorized;
22,460,200 and 22,145,700 issued and outstanding
December 31, 2001 and March 31, 2001, respectively         1,123      1,108
Additional paid-in capital                             1,000,238    720,754
Deficit accumulated during the
development stage                                       (745,709)  (375,574)
Net unrealized gain on marketable securities            ( 51,314)    97,664
                                                        ________   ________
Total stockholders equity                                204,338    443,952
                                                        ________   ________
Total liabilities and stockholders equity              $ 467,916  $ 619,497
                                                        ========   ========
See accompanying summary of accounting policies and
notes to financial statements.  <page 3>

EnXnet, Inc.
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF LOSS (Unaudited)



                                                                 Date from
                                                                 Inception
                                  Three              Nine      (March 30, 1999)
                               Months Ended     Months Ended          to
                                December 31,     December 31,    December 31,
                               2001     2000     2001    2000         2001

Revenues                    $   1,541 $    -    $   2,563  $  -     $   2,563
                              _______   _______   _______   _______   _______
Operating expenses:
Consulting fees                 1,000    12,718    34,622    35,857   102,210
Depreciation & amortization     8,930     7,503    26,789    21,838    57,289
Payroll                        80,304    37,324   213,889    94,239   372,276
Professional services           2,087     2,169    16,785    44,110    68,418
Occupancy expense              16,254     5,563    32,281    14,295    52,595
Office expense                  2,156     1,851    12,316     8,644    27,463
Travel expense                  1,123     3,368    21,551     6,673    31,213
Other expense                   1,230     2,016     6,495     8,885    20,503
                              _______   _______   _______   _______   _______
Total operating expenses      113,084    72,512   364,728   234,541   731,967
                              _______   _______   _______   _______   _______
Operating income (loss)      (111,543)  (72,512) (362,165) (234,541) (729,404)
Other income (expense)
Interest income                    15                  15                  15
Interest expense               (3,924)   (1,973)   (7,985)   (6,318)  (16,320)
                              _______   _______   _______   _______   _______
Net loss                    $(115,452)$ (74,485)$(370,135)$(240,859)$(745,709)

Other comprehensive income:
Net unrealized gain(loss) on
 Marketable securities       ( 40,463)    -      (148,978)     -     ( 51,313)
                              _______   _______   _______  ________  ________
Comprehensive income        $(155,915)$ (74,485)$(519,113)$(240,859)$(797,022)
                              =======   =======   =======  ========  ========
Net loss per share
  basic and diluted          $ (.005) $   (.003)$   (.017)$   (.011)
                              =======   =======   =======  ========
Weighted average number
  of shares
  basic and diluted        22,460,200 21,534,469 22,379,011 21,534,469
                           ========== ========== ========== ==========







See accompanying summary of accounting policies and
notes to financial statements.  <page 4>

EnXnet, Inc.
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited)


                                                    Deficit    Change in
                                           Add-   Accumulated  Unrealized
                                          itional During the   Gain on
                          Common Stock    Paid-in  Development Marketable
                         Shares   Amount  Capital    Stage     Secrities  Total
Balance:
  March 31, 2001     22,145,700 $1,108 $  720,754 $(375,574) $ 97,664  $443,952

Common stock
  issued for:
Cash at
  $1.00 per share       295,000     14    294,986                       295,000
Offering cost                             (24,501)                      (24,501)
Services                 19,500      1      8,999                         9,000
Net loss                                           (370,135)           (370,135)
Net unrealized gain
  (loss) on marketable
  securities                                                 (148,978) (148,978)
                     __________  _____  _________   _______   _______   _______
Balance:
  December 31, 2001 22,460,200 $1,123 $1,000,238  $(745,709)$( 51,314) $204,338
                     ==========  =====  =========   =======   =======   =======


























See accompanying summary of accounting policies and
notes to financial statements.  <page 5>

EnXnet, Inc.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CASH FLOWS (Unaudited)
                                                                   Date from
                                                                   Inception
                                                                (March 30,1999)
                                            Nine Months Ended           to
                                              December 31,       December 31,
                                            2001          2000        2001
Cash flows from operating activities:
Net (loss)                                $(370,135) $(240,859)  $ (745,709)
Adjustments to reconcile net loss to cash
Provided (used) by operating activities:
Depreciation and amortization                26,789     21,838       57,289
Stock issued for equipment                        -        500          500
Stock issued for services:                    9,000     49,420       63,821
Changes in operating assets and liabilities:
Accounts receivable                            (469)      (360)      (1,267)
Prepaid expense                               1,534          -            -
Accounts payable and accrued expense         58,032     21,342      133,577
                                            _______    _______      _______
Net cash used in operating activities      (275,249)  (148,119)    (491,789)
                                            _______    _______      _______
Investing activities:
Purchase of fixed assets                    (18,738)   (14,659)     (44,199)
Other assets                                ( 1,500)      (850)     ( 2,350)
                                            _______     _______      ______
Cash used in investing activities           (20,238)   (15,509)     (46,549)
                                            _______     _______      ______
Financing activities:
Note payable - related party                 30,000      7,100      130,000
Proceeds from sale of common stock          270,499    345,400      663,881
Repayment of note payable                         -   (154,500)    (250,000)
                                            _______    _______      _______
Net cash provided by financing activities   300,499    198,000      543,881
                                            _______    _______      _______
Net increase (decrease) in cash               5,012     34,372        5,543
Cash, beginning of period                       531     27,060            -
                                            _______    _______      _______
Cash, end of period                        $  5,543    $61,432     $  5,543
                                            =======    =======      =======













See accompanying summary of accounting policies and
notes to financial statements.  <page 6>

EnXnet, Inc.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CASH FLOWS (Unaudited) - continued





Supplemental disclosures of cash flow information:

                                                                   Date from
                                                                   Inception
                                                                (March 30,1999)
                                         Nine Months Ended to         to
                                             December 31,       December 31,
                                            2001          2000        2001
Cash paid during the period for:
Interest                                   $ -          $ -           $ 8,335
Income taxes                               $ -          $ -           $ -

Non-cash financing activities:
Issuance of common stock in exchange
 for ClearVideo license                    $  -         $ -           $ 2,975
Issuance of common stock for service       $9,000       $13,140       $63,821
Issuance of common stock for equipment        -           -               500
Issuance of common stock in exchange
 for Fonar common stock-net of
 $27,018 issuance fees                     $  -         $ -          $243,166
Issuance of note payable in exchange
 for ClearVideo license                    $   -        $ -          $250,000
























See accompanying summary of accounting policies and
notes to financial statements.  <page 7>

EnXnet, Inc.
(A DEVELOPMENT STAGE COMPANY)
SUMMARY OF ACCOUNTING POLICIES

The accompanying unaudited financial statements have been prepared
in accordance with generally accepted accounting principles for interim
financial information and in accordance with the instructions to Form 10-QSB and
Items 303 and 310(b) of Regulation S-B. Accordingly, they do not include all of
the information and footnotes required by generally accepted principles for
complete financial statements. In the opinion of management, all adjustments
(consisting of normal recurring adjustments) considered necessary for a fair
presentation have been included.  Operating results for the Nine months period
ended December 31, 2001, are not necessarily indicative of
the results that may be expected for the year ended March 31, 2002. For further
information, refer to the financial statements and footnotes thereto included in
the EnXnet, Inc. or the "Company" audited financial statements for the year
ended March 31, 2001 included in the Company Form 10-KSB.

Nature of Business - EnXnet, Inc. ("the Company") is a development stage
enterprise which holds an exclusive license to 1) compile, display, use, copy
and modify ClearVideo source code and create enhancements to the source code, 2)
use the ClearVideo source code, its run-time versions and any derivatives
created by the Company, 3) the right to manufacture for the purpose of
distributing and sub-licensing products and services created by any derivatives
to end users in run time versions, 4) the right to sublicense the rights granted
by the licensor to the Company, 5) and the right to enter into a research and
development agreement with another entity for developing new products provided
that the Company will own at least (50%) or more of the voting securities of
such entity. The Company intends to offer video compression services primarily
for downloading and streaming high quality video with synchronized audio for use
on the Internet, various advertising applications, television, and cable
broadcasting companies. The Company was incorporated pursuant to the laws of the
state of Oklahoma on March 30, 1999 as Southern Wireless, Inc. The Company
changed its name to eMajix.com, Inc. on April 5, 2000 and on August 1, 2001 the
name was changed to EnXnet, Inc.

Cash Equivalents - For financial reporting purposes, the Company considers all
highly liquid investments with an original maturity of three months or less when
purchased to be a cash equivalent. Financial instruments, which potentially
subject the Company to a concentration of credit risk, consist of cash and cash
equivalents. Cash and cash equivalents consist of funds deposited with various
high credit quality financial institutions.

Equipment - Equipment is recorded at cost. Depreciation and amortization are
provided using the straight-line method over the useful lives of the respective
assets. Major additions and improvements are capitalized. Upon retirement or
disposal, the cost and related accumulated depreciation or amortization are
removed from the accounts and any gain or loss is reflected in operations.

Licenses - The costs associated with acquiring exclusive licensing rights to
patented technology has been capitalized and are being charged to expense using
the straight line method of amortization over ten years, the estimated remaining
useful lives of the patents.


                                <page 8>

EnXnet, Inc.
(A DEVELOPMENT STAGE COMPANY)
SUMMARY OF ACCOUNTING POLICIES - continued


In accordance with the provisions of Statement of Financial Accounting Standards
("SFAS") No. 121, "Accounting for the Impairment of Long- lived assets and for
Long-lived Assets to be Disposed of", management of the Company reviews the
carrying value of its intangible assets on a regular basis. Estimated
undiscounted future cash flows from the intangible assets are compared with the
current carrying value. Reductions to the carrying value are recorded to the
extent the net book value of the property exceeds the estimate of future
discounted cash flows.

Income Taxes - Income taxes are provided based on the liability method of
accounting pursuant to SFAS No. 109, "Accounting for Income Taxes." Under this
approach, deferred income taxes are recorded to reflect the tax consequences on
future years of differences between the tax basis of assets and liabilities and
their financial reporting amounts at each yearend. A valuation allowance is
recorded against deferred tax assets, as management does not believe the Company
has met the "more likely than not" standard imposed by SFAS No. 109 to allow
recognition of such an asset.

Estimates - The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and
disclosure of contingent assets and liabilities at the dates of the financial
statements and the reported amounts of revenues and expenses during the
reporting periods. Actual results could differ from those estimates.

Fair Value of Financial Instruments - The carrying amounts reported in the
balance sheet for cash equivalents and accrued expenses approximate fair value
because of the immediate or short-term maturity of these financial instruments.

Research and Development Costs - Research and development costs are charged to
expense as incurred.

Net Loss Per Share - SFAS No. 128 requires dual presentation of basic EPS and
diluted EPS on the face of all income statements for all entities with complex
capital structures. Basic EPS is computed as net income divided by the weighted
average number of common shares outstanding for the period. Diluted EPS reflects
the potential dilution that could occur from common shares issuable through
stock options, warrants and their convertible securities.  The Company had
dilutive potential common stock at December 31, 2001, however, the diluted EPS
has not been shown as the effect of the incremental shares would be
antidilutive.

Stock Based Compensation  - The Company accounts for employee stock options
under APB Opinion No.25 "Accounting for Stock Issued to Employees,  " ("APB25").
The company has also adopted Statement of Accounting Standards No. 123,
"Accounting for Stock Based Compensation, " (SFAS 123) for disclosure purposes.
Accordingly, compensation cost for stock options is measured as the excess, if
any, of the quoted market price of the Company's stock at the measurement date
over the amount an employee must pay to acquire the stock.

                                <page 9>

EnXnet, Inc.
(A DEVELOPMENT STAGE COMPANY)
NOTES TO FINANCIAL STATEMENTS

1. Development Stage Operations and Going Concern

The Company has been in the development stage since its inception. The Company
has minimal recurring source of revenue and has incurred losses since inception.
These factors raise substantial doubt about the ability to continue as a going
concern. The financial statements do not include any adjustments that may be
necessary if the Company is unable to continue as a going concern.

Management of the Company has undertaken certain actions to address these
conditions. The Company has started marketing its products and received
minimal sales in this and the previous quarter. Management currently plans to
continue marketing its products and is currently in negotiations with potential
customers and with marketing representatives to establish a product channel.
Funds required to carry out management's plans are expected to be derived from
future stock sales or borrowings from outside parties. There can be no
assurances that the Company will be successful in executing its plans.

2. Licenses

In March 2000, the Company acquired exclusive licensing rights, from Iterated
Systems, Inc., to compile, use, copy and modify ClearVideo Source Code and to
create and manufacture products and services.  Additionally, the license
agreement provides that the Company may sublicense any products and services
which it creates using the technology under the licensing agreement. The
license was acquired for $250,000 and the issuance of 297,500 shares of common
stock, valued at $2,975. A provision for amortization of the license agreement
totaled $18,974 for the nine months ended December 31, 2001.

3. Income Taxes

At December 31, 2001 and March 31, 2001, the Company had net deferred tax
assets of approximately $254,000 and $127,000 respectively, principally arising
from net operating loss carry forwards for income tax purposes.  As management
of the Company cannot determine that it is more likely than not that the
Company will realize the benefit of the net deferred tax asset, a valuation
allowance equal to the net deferred tax asset has been established at September
30, 2001, and March 31, 2001. At December 31, 2001 and March 31, 2001, the
Company has net operating loss carry forwards totaling approximately $745,709
and $375,574, which will begin expiring in the year 2015.












                                <page 10>

EnXnet, Inc.
(A DEVELOPMENT STAGE COMPANY)
NOTES TO FINANCIAL STATEMENTS


4. Notes Payable

Notes payable at December 31, 2001 and March 31, 2001, consist of the
following:
                                                       December 31,  March 31.
                                                            2001       2001
8% convertible note payable to
Ryan Corley, President of the
Company due November 15, 2002                             $110,000     $100,000

Note payable to Ryan Corley,
President of the company due
January 15, 2002 secured by
Marketable securities                                       20,000         -
                                                           -------      -------
                                                          $130,000     $100,000
                                                           =======      =======
5. Anti-Dilution Clause

The agreement with Iterated Systems, Inc., contains an anti-dilution clause
whereby the percentage of ownership of the Company common stock by Iterated
shall be no less than 1.25% of the total outstanding shares at any given time.
This provision shall terminate after the last day of the first sixty (60) day
period during which: (i) the common stock of the Company is traded on NASDAQ, or
the American or the  New York Stock Exchange and (ii) the Market Capitalization
of the Company does not fall below fifty million dollars and (iii) the 297,500
shares of common stock that Iterated received under the agreement become free
trading  Rule 144 stock or are covered by a registration statement  in
compliance with the Act and (iv) the share price of the Company shares traded on
NASDAQ, the American Stock Exchange or the New York Stock exchange does not fall
below $2.10. This provision also terminates if Iterated sells or disposes of the
shares that it received under this agreement.

6. Stock Options

On July 24, 2001, the Company filed with the SEC Form S-8, for its 2001 Stock
Option Plan, (the Plan). An aggregate amount of common stock that may be
awarded and purchased under the Plan is 3,000,000 shares of the Company's
common stock. Under the Plan on November 15, 2001, the board of directors
granted 1,310,000 stock options to employees consultants of the company.
On January 2, 2002, the Board of Directors granted an additional 795,000
options to employees and members of the Board of Directors.

7. Subsequent Event

On January 2, 2002,the Company entered into an agreement with Ryan Corley the
President and majority stockholder of the Company whereby the Company acquired
the license agreement for ClearVideo from Corley. The Company issued 1,000,000
shares of restricted common stock valued at $100,000 for the license.


                                <page 11>
Item 2. Managements Discussion and Analysis or Plan of Operation

The following plan of operation, discussion of the results of operations and
financial conditions should be read in conjunction with the financial statements
and related notes appearing in this report.

EnXnet, Inc. (the "Company") is a development stage enterprise formed under
the laws of  the State of Oklahoma on March 30, 1999. On March 17, 2000, the
Company entered into an exclusive license agreement for the worldwide rights to
certain copyrighted and trademarked software, denoted as "ClearVideo", for
fractal digitization and compression of video images with quality audio
synchronization. ClearVideo can reduce video files by approximately 95-98% and
virtually duplicates the quality of the original files. ClearVideo should
revolutionize how video with synchronized audio files are transmitted over both
narrow and broadband lines. With the compression results obtainable, almost any
Internet user should be able to download compressed video files with
synchronized audio over ordinary analog connections or digital connections in
less time.

The Company has commenced marketing ClearVideo during the May 2001. The Company
will initially license the technology to third parties, offering compression
services and downloading and streaming services to customers.

The Company currently can satisfy it current cash requirements for approximately
120 days and has a plan in place to raise additional working capital by the sale
of shares of the Company common stock to select perspective individuals and the
sale of its marketable securities. This plan should provide the additional
necessary funds required until the Company can generate enough cash flow from
operations to sustain its operations.

The Company does not anticipate any significant cash requirements for the
purchase of any facilities.  The Company will be required to purchase additional
equipment to provide compression services to prospective customers.

The Company currently has six full time employees on the payroll. It is
anticipated that the Company will need to hire an additional three to six full
time employees in order to complete the updating of the source code and the
commencement of marketing the product.

Results of operations - Period from inception (March 30, 1999) through
December 31, 2001

The Company is considered to be in the development stage defined in Statement
of Financial Accounting Standards No. 7. There have been no significant
revenues since incorporation. For the Nine months ended December 31, 2001 and
2000, the Company incurred net losses of $370,135 and $240,859 or $(.023) and
$(.011) per share, which is primarily the result of payment of consulting fees,
employees and occupancy expenses.








                                <page 12>
Liquidity and Capital Resources.

Through December 31, 2001 the Company has issued 22,460,200 shares of its
common stock to officers, directors and others. The Company has no
operating history and no material assets other than the license agreement
for ClearVideo. The Company has $5,543 and $218,870 in cash and marketable
securities as of December 31, 2001.

The Company has been in the development stage since its inception.
The Company has minimal recurring source of revenue and has incurred
operating losses since inception.  These factors raise substantial
doubt about the Company's ability to continue as a going concern.  As
a result of these factors, the Company's independent certified public
accountants have included an explanatory paragraph in their reports on
the Company's March 31, 2001 and 2000 financial statements which expressed
substantial doubt about the Company's ability to continue as a going
concern.

At the present time, the Company has no material commitments for
capital expenditures.  If capital expenditures are required after
operations commence, the Company will pay for the same through the sale
of common stock; or through loans from third parties.  There is no
assurance, however, that such financing will be available and in the
event such financing is not available, the Company may have to cease
operations.

Statement Regarding Forward-Looking Statements.

This Quarterly Report includes "forward-looking statements" within the meaning
of Section 27A of the Exchange Act which represent the expectations or beliefs
concerning future events that involve risks and uncertainties, including but not
limited to the demand for Company products and services and the costs associated
with such goods and services. All other statements other than statements of
historical fact included in this Quarterly Report including, without limitation,
the statements under  "Managements Discussion and  Analysis or Plan  of
Operations" and elsewhere  in the Quarterly  Report, are forward-looking
statements.  While the Company believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance that such
expectations will prove to have been correct.

CURRENT TRADING MARKET FOR THE COMPANY'S SECURITIES. Currently the Company's
stock is traded under the symbol "EXNT" on the NASD OTC Bulletin Board and,
if and when qualified, it intends to apply for admission to quotation on the
NASDAQ Small Cap Market. There can be no assurance that an active or regular
trading market for the common stock will develop or that, if developed, will
be sustained. Various factor, such as operating results, changes in laws, rules
or regulations, general market fluctuations, changes in financial estimates by
securities analysts and other factors may have a significant impact on the
market of the Company securities. The market price for the securities of
public companies often experience wide fluctuations that are not necessarily
related to the operating performance of such public companies such as high
interest rates or impact of overseas markets.




                                <page 13>
PART II OTHER INFORMATION

Item 1. Legal Proceedings
We are not a party to any material legal proceedings.

Item 2. Changes in Securities
Not applicable

Item 3. Defaults Upon Senior Securities
Not applicable

Item 4. Submission of matters to a vote to security Holders
Not applicable

Item 5. Other Information
Not applicable

Item 6. Exhibits and Reports on Form 8-K
Not applicable

(a) Exhibits
Not applicable


































                                <page 14>

SIGNATURES


In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized

EnXnet, Inc.
(Registrant)

Dated: February 14, 2002
/s/ Ryan Corley
    Ryan Corley - President