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|   | 1.                    I have reviewed this report on Form 10-Q of RecycleNet and      subsidiaries. |
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|   | 2.                    Based on my knowledge, this report does not contain any untrue      statement of a material fact or omit to state a material fact necessary to      make the statements made, in light of the circumstances under which such      statements were made, not misleading with respect to the period covered by      this report; |
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|   | 3.                    Based on my knowledge, the financial statements, and other      financial information included in this report, fairly present in all      material respects the financial condition, results of operations and cash      flows of the small business issuer as of, and for, the periods presented      in this report; |
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|   | 4.                    The small business issuer’s other certifying officers and I are      responsible for establishing and maintaining disclosure controls and      procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for      the small business issuer and have: |
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|   | 5.                    The small business issuer’s other certifying officers and I have      disclosed, based on our most recent evaluation of internal control over      financial reporting, to the small business issuer’s auditors and the audit      committee of the small business issuer’s board of directors (or persons      performing the equivalentfunctions): |
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| November      14, 2008 | /s/                          |
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|                   | Richard      R. Ivanovick    |
|                   | Chief      Financial Officer |

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