----

----

**SECURITIES        AND EXCHANGE COMMISSION**

**WASHINGTON,        D.C. 20549**

**FORM        10-QSB**

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

**FOR        THE QUARTERLY PERIOD ENDED: June 30, 2007**

**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 1-15497**

**RecycleNet        Corporation**

**(Exact        name of small business issuer in its charter)**

| **Utah**                                                                                             | **87-0301924**                                                          |
|------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------|
| **(State                  or other jurisdiction of incorporation or                  organization)** | **(IRS                  Employer Identification                  No.)** |

**175        East 400 South, Suite 900, Salt Lake City Utah, 84111**

**(Address        of principal executive offices, including Zip Code)**

**801-531-0404**

**(Issuer's        telephone number)**

----

**RECYCLENET        CORPORATION AND SUBSIDIARIES**

**FORM        10-QSB**

**QUARTER        ENDED June 30, 2007**

**TABLE        OF CONTENTS**

|                                                                                                                                                                     |                                                                                                            | **Page**       |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------|----------------|
| **PART                  I – FINANCIAL INFORMATION**                                                                                                                |                                                                                                            |
|                                                                                                                                                                     |                                                                                                            |           |
| Item                  1.                                                                                                                                                 | Financial                  Statements                                                                           |           |
|                                                                                                                                                                     |                                                                                                            |           |
| Condensed                  Consolidated Balance Sheets – June 30, 2007 and December 31, 2006                  (Unaudited)                                          | 3                                                                                                          |
|                                                                                                                                                                     |                                                                                                            |           |
| Condensed                  Consolidated Statements of Operations for the Three and Six Months                  Ended                  June 30, 2007 and 2006 (Unaudited) | 4                                                                                                          |
|                                                                                                                                                                     |                                                                                                            |           |
| Condensed                  Consolidated Statements of Cash Flows for the Six Months Ended                  June 30,                  2007 and 2006 (Unaudited)           | 5                                                                                                          |
|                                                                                                                                                                     |                                                                                                            |           |
| Notes                  to Condensed Consolidated Financial Statements                                                                                                    | 6                                                                                                          |
|                                                                                                                                                                     |                                                                                                            |           |
| Item                  2.                                                                                                                                                 | Management’s                  Discussion and Analysis                                                     | 8         |
|                                                                                                                                                                     |                                                                                                            |           |
| Item                  3.                                                                                                                                                 | Controls                  and Procedures                                                                        | 11        |
|                                                                                                                                                                     |                                                                                                            |           |
|                                                                                                                                                                     |                                                                                                            |           |
| **PART                  II – OTHER INFORMATION**                                                                                                                   |                                                                                                            |
|                                                                                                                                                                     |                                                                                                            |           |
| Item                  1.                                                                                                                                                 | Legal                  Proceedings                                                                              | 11        |
|                                                                                                                                                                     |                                                                                                            |           |
| Item                  2.                                                                                                                                                 | Changes                  in Securities and Small Business Issuer Purchase of Equity                  Securities |  11  |
|                                                                                                                                                                     |                                                                                                            |           |
| Item                  3.                                                                                                                                                 | Default                  Upon Senior Securities                                                                 | 11        |
|                                                                                                                                                                     |                                                                                                            |           |
| Item                  4.                                                                                                                                                 | Submission                  of Matters to a Vote of Security Holders                                            | 11        |
|                                                                                                                                                                     |                                                                                                            |           |
| Item                  5.                                                                                                                                                 | Other                  Information                                                                              | 11        |
|                                                                                                                                                                     |                                                                                                            |           |
| Item                  6.                                                                                                                                                 | Exhibits                  and Reports on Form 8-K                                                               | 12        |
|                                                                                                                                                                     |                                                                                                            |           |
| Signatures                                                                                                                                                               | 13                                                                                                         |

----

**PART        I – FINANCIAL INFORMATION**

**ITEM        1.   FINANCIAL STATEMENTS**

**RECYCLENET        CORPORATION AND SUBSIDIARIES**

**CONDENSED        CONSOLIDATED BALANCE SHEETS**

**(UNAUDITED)**

|                                                                                                                                                                                                                    |   | **June                  30,** |       |   | **December                  31,** |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------|------------|--------|-----------------------------------|--------|
|                                                                                                                                                                                                                    |   | **2007**                      |       |   | **2006**                          |   |
| **ASSETS**                                                                                                                                                                                                              |   |                          |       |   |                              |   |
| **Current                  Assets**                                                                                                                                                                                     |   |                          |       |   |                              |   |
| Cash                                                                                                                                                                                                                    |   | $                             | 294,852    |   |                              | $      | 315,304 |   |
| Trade                  accounts receivable, net of $2,500 allowance for bad debt                                                                                                                                        |   |                          | 37,422     |   |                              |   | 33,468 |   |
| Other                  receivables                                                                                                                                                                                      |   |                          | 34         |   |                              |   | 844 |   |
| Prepaid                  expenses                                                                                                                                                                                       |   |                          | 3,884      |   |                              |   | 16,022 |   |
|                                                                                                                                                                                                                    |   |                          |       |   |                              |   |   |   |
| **Total                  Current Assets**                                                                                                                                                                               |   |                          | 336,192    |   |                              |   | 365,638 |   |
|                                                                                                                                                                                                                    |   |                          |       |   |                              |   |   |   |
| **Property                  and Equipment**                                                                                                                                                                             |   |                          |       |   |                              |   |   |   |
| Computer                  equipment                                                                                                                                                                                     |   |                          | 71,607     |   |                              |   | 71,607 |   |
| Less:                  Accumulated depreciation                                                                                                                                                                         |   |                          | (43,876    | )      |                              |   | (39,991 | ) |
|                                                                                                                                                                                                                    |   |                          |       |   |                              |   |   |   |
| **Net                  Property and Equipment**                                                                                                                                                                         |   |                          | 27,731     |   |                              |   | 31,616 |   |
|                                                                                                                                                                                                                    |   |                          |       |   |                              |   |   |   |
| Related                  party receivable                                                                                                                                                                               |   |                          | 5,000      |   |                              |   | 5,000 |   |
| Related                  party receivable- Scrap China Corporation                                                                                                                                                      |   |                          | 129,743    |   |                              |   | 110,957 |   |
| **Net                  Related Party Receivables**                                                                                                                                                                      |   |                          | 134,743    |   |                              |   | 115,957 |   |
|                                                                                                                                                                                                                    |   |                          |       |   |                              |   |   |   |
| **Total                  Assets**                                                                                                                                                                                       |   | $                             | 498,666    |   |                              | $      | 513,211 |   |
|                                                                                                                                                                                                                    |   |                          |       |   |                              |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' EQUITY**                                                                                                                                                               |   |                          |       |   |                              |   |   |   |
| **Current                  Liabilities**                                                                                                                                                                                |   |                          |       |   |                              |   |   |   |
| Accrued                  liabilities                                                                                                                                                                                    |   | $                             | 22,777     |   |                              | $      | 48,503 |   |
| Deferred                  revenue                                                                                                                                                                                       |   |                          | 149,054    |   |                              |   | 135,143 |   |
|                                                                                                                                                                                                                    |   |                          |       |   |                              |   |   |   |
| **Total                  Current Liabilities**                                                                                                                                                                          |   |                          | 171,831    |   |                              |   | 183,646 |   |
|                                                                                                                                                                                                                    |   |                          |       |   |                              |   |   |   |
| **Stockholders'                  Equity**                                                                                                                                                                               |   |                          |       |   |                              |   |   |   |
| Class                  N convertible shares (and Class X shares of Amalco) - $0.01 par                  value;                  70,896,789 shares authorized; 60,539,259 shares issued and                  outstanding |   |                          | 605,393    |   |                              |   | 605,393 |   |
| Common                  shares - $0.01 par value; 179,103,211 shares authorized; 77,108,214                  shares                  issued and outstanding                                                             |   |                          | 771,082    |   |                              |   | 771,082 |   |
| Additional                  paid-in capital                                                                                                                                                                             |   |                          | 34,315     |   |                              |   | 34,315 |   |
| Accumulated                  deficit                                                                                                                                                                                    |   |                          | (1,083,955 | )      |                              |   | (1,081,225 | ) |
|                                                                                                                                                                                                                    |   |                          |       |   |                              |   |   |   |
| **Total                  Stockholders' Equity**                                                                                                                                                                         |   |                          | 326,835    |   |                              |   | 329,565 |   |
|                                                                                                                                                                                                                    |   |                          |       |   |                              |   |   |   |
| **Total                  Liabilities and Stockholders' Equity**                                                                                                                                                         |   | $                             | 498,666    |   |                              | $      | 513,211 |   |

----

**RECYCLENET        CORPORATION AND        SUBSIDIARIES**

**CONDENSED        CONSOLIDATED STATEMENTS OF OPERATIONS**

**(UNAUDITED)**

|                                                                    |   | **For                  The Three Months** |        |   | **For                  The Six Months** |   |
|-------------------------------------------------------------------------|--------|-------------------------------------------|-------------|--------|-----------------------------------------|--------|
|                                                                    |   | **Ended                  June 30,**       |        |   | **Ended                  June 30,**     |   |
|                                                                    |   | **2007**                                  |        |   | **2006**                                |   |   | **2007** |   |   | **2006** |   |
| **Sales**                                                               |   | $                                         | 255,464     |   |                                    | $      | 291,541 |   |   | $ | 564,162 |   |   | $ | 553,647 |   |
| **Operating                  Expenses**                                 |   |                                      |        |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| Selling,                  general and administrative expenses           |   |                                      | 245,354     |   |                                    |   | 262,383 |   |   |   | 542,984 |   |   |   | 532,106 |   |
| Foreign                  currency exchange (gain) loss                  |   |                                      | (210        | )      |                                    |   | (1,150 | ) |   |   | 370 |   |   |   | 343 |   |
| **Total                  Operating Expenses**                           |   |                                      | 245,144     |   |                                    |   | 261,233 |   |   |   | 543,354 |   |   |   | 532,449 |   |
| **Income                  From Continuing Operations**                  |   |                                      | 10,320      |   |                                    |   | 30,308 |   |   |   | 20,808 |   |   |   | 21,198 |   |
| **Discontinued                  Operations**                            |   |                                      |        |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| Loss                  from discontinued operations                      |   |                                      | (14,046     | )      |                                    |   | (1,129 | ) |   |   | (23,538 | ) |   |   | (4,144 | ) |
| **Net                  Income (Loss)**                                  |   | $                                         | (3,726      | )      |                                    | $      | 29,179 |   |   | $ | (2,730 | ) |   | $ | 17,054 |   |
|                                                                    |   |                                      |        |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| **Basic                  Income (Loss) Per Common Share From**          |   |                                      |        |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| Continuing                  Operations                                  |   | $                                         | -           |   |                                    | $      | - |   |   | $ | - |   |   | $ | - |   |
| Discontinued                  Operations                                |   |                                      | -           |   |                                    |   | - |   |   |   | - |   |   |   | - |   |
| **Basic                  Income (Loss) Per Common Share**               |   | $                                         | -           |   |                                    | $      | - |   |   | $ | - |   |   | $ | - |   |
| **Diluted                  Income (Loss) Per Common Share From**        |   |                                      |        |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| Continuing                  Operations                                  |   | $                                         | -           |   |                                    | $      | - |   |   | $ | - |   |   | $ | - |   |
| Discontinued                  Operations                                |   |                                      | -           |   |                                    |   | - |   |   |   | - |   |   |   | - |   |
| **Diluted                  Income (Loss) Per Common Share**             |   | $                                         | -           |   |                                    | $      | - |   |   | $ | - |   |   | $ | - |   |
| **Basic                  Weighted-Average Common Shares Outstanding**   |   |                                      | 77,108,214  |   |                                    |   | 77,108,214 |   |   |   | 77,108,214 |   |   |   | 77,108,214 |   |
| **Diluted                  Weighted-Average Common Shares Outstanding** |   |                                      | 137,647,473 |   |                                    |   | 137,647,473 |   |   |   | 137,647,473 |   |   |   | 137,647,473 |   |

----

**RECYCLENET        CORPORATION AND        SUBSIDIARIES**

**CONDENSED        CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(UNAUDITED)**

| ***For                  The Six Months Ended June 30,***                                                                                              |   | **2007** |    |   | **2006** |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|---------|--------|----------|--------|
| **Cash                  Flows From Operating Activities:**                                                                                            |   |     |    |   |     |   |
| Net                  income (loss)                                                                                                                    |   | $        | (2,730  | )      |     | $      | 17,054 |   |
| Adjustments                  to reconcile net income (loss) to net cash provided by (used in)                  operating                  activities: |   |     |    |   |     |   |   |   |
| Depreciation                                                                                                                                          |   |     | 3,885   |   |     |   | 2,533 |   |
| Foreign                  currency exchange loss                                                                                                       |   |     | 370     |   |     |   | 343 |   |
| Changes                  in assets and liabilities:                                                                                                   |   |     |    |   |     |   |   |   |
| Accounts                  and other receivables                                                                                                       |   |     | (2,889  | )      |     |   | 3,609 |   |
| Prepaid                  expenses                                                                                                                     |   |     | 12,138  |   |     |   | 8,770 |   |
| Accounts                  payable and accrued liabilities                                                                                             |   |     | (19,935 | )      |     |   | (12,494 | ) |
| Deferred                  revenue                                                                                                                     |   |     | 12,162  |   |     |   | 48,100 |   |
|                                                                                                                                                  |   |     |    |   |     |   |   |   |
| **Net                  Cash Provided By Operating Activities**                                                                                        |   |     | 3,001   |   |     |   | 67,915 |   |
|                                                                                                                                                  |   |     |    |   |     |   |   |   |
| **Cash                  Flows From Investing Activities:**                                                                                            |   |     |    |   |     |   |   |   |
| Advances                  to related party                                                                                                            |   |     | (18,786 | )      |     |   | (28,493 | ) |
| Purchase                  of property and equipment                                                                                                   |   |     | -       |   |     |   | (2,490 | ) |
| **Net                  Cash Used In Investing Activities**                                                                                            |   |     | (18,786 | )      |     |   | (30,983 | ) |
|                                                                                                                                                  |   |     |    |   |     |   |   |   |
| **Cash                  Flows From Financing Activities:**                                                                                            |   |     | -       |   |     |   | - |   |
|                                                                                                                                                  |   |     |    |   |     |   |   |   |
| **Effect                  of Exchange Rate Changes on Cash**                                                                                          |   |     | (4,667  | )      |     |   | 3,776 |   |
|                                                                                                                                                  |   |     |    |   |     |   |   |   |
| **Net                  Change in Cash**                                                                                                               |   |     | (20,452 | )      |     |   | 40,708 |   |
|                                                                                                                                                  |   |     |    |   |     |   |   |   |
| **Cash                  at Beginning of Period**                                                                                                      |   |     | 315,304 |   |     |   | 226,797 |   |
|                                                                                                                                                  |   |     |    |   |     |   |   |   |
| **Cash                  at End of Period**                                                                                                            |   | $        | 294,852 |   |     | $      | 267,687 |   |
|                                                                                                                                                  |   |     |    |   |     |   |   |   |
| **Non                  Cash Investing and Financing Activities:**                                                                                     |   |     |    |   |     |   |   |   |
| Contribution                  from spin off of Scrap China                                                                                            |   | $        | -       |   |     | $      | 58,624 |   |

----

**RECYCLENET        CORPORATION AND SUBSIDIARIES**

**NOTES        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(UNAUDITED)**

**NOTE        1–ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES**

**Basis        of Presentation —**

**Reclassification**

**Corrected        prior year financial statements**
***-***

**NOTE        2–RELATED PARTY TRANSACTIONS**

**Related        Party Receivable**
**—**

**NOTE        3–STOCKHOLDERS’ EQUITY**

----

**NOTE        4–BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE**

| **(BASIC/DILUTED                  EPS)**                                                                                                                                                    |   |                                            |        |   |                                          |   |        |     |   |   |        |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------|-------------|--------|-----------------------------------------------|--------|-------------|----------|--------|--------|-------------|--------|
|                                                                                                                                                                                        |   | **For                  the three months ended** |        |   | **For                  the six months ended** |   |
|                                                                                                                                                                                        |   | **June                  30,**                   |        |   | **June                  30,**                 |   |
|                                                                                                                                                                                        |   | **2007**                                        |        |   | **2006**                                      |   |        | **2007** |   |   | **2006**    |   |
|                                                                                                                                                                                        |   |                                            |        |   |                                          |   |        |     |   |   |        |   |
| Weighted-average                  number of common shares used in basic income (loss) per common                  share                  calculation                                        |   |                                            | 77,108,214  |   |                                          |   | 77,108,214  |     |   |   | 77,108,214  |   |   |   | 77,108,214 |   |
|                                                                                                                                                                                        |   |                                            |        |   |                                          |   |        |     |   |   |        |   |   |   |   |   |
| Incremental                  potentially issuable common shares from assumed conversion of Class                  N (and                  Class X) common shares                            |   |                                            | 60,539,259  |   |                                          |   | 60,539,259  |     |   |   | 60,539,259  |   |   |   | 60,539,259 |   |
|                                                                                                                                                                                        |   |                                            |        |   |                                          |   |        |     |   |   |        |   |   |   |   |   |
| Weighted-average                  number of common shares and dilutive potential common shares used                  in                  diluted income (loss) per common share calculation |   |                                            | 137,647,473 |   |                                          |   | 137,647,473 |     |   |   | 137,647,473 |   |   |   | 137,647,473 |   |

**NOTE        5–ACQUISITIONS**

**NOTE        6–COMMITMENTS AND CONTINGENCIES**

**NOTE        7- SUBSEQUENT EVENTS**

----

**ITEM        2. MANAGEMENT'S DISCUSSION AND ANALYSIS**

**Cautionary        Statement Regarding Forward-Looking Statements**

**Overview**

**Results        of Operations**

----

| **Sales                  Revenues** |   |                                    |    |   |                                  |   |
|-------------------------------------|--------|-----------------------------------------|---------|--------|---------------------------------------|--------|
|                                |   |                                    |    |   |                                  |   |
|                                |   | **Three                  Months Ended** |    |   | **Six                  Months Ended** |   |
|                                |   | **June                  30,**           |    |   | **June                  30,**         |   |
|                                |   | **2007**                                |    |   | **2006**                              |   |   | **2007** |   |   | **2006** |   |
|                                |   |                                    |    |   |                                  |   |   |   |   |   |   |   |
| Sales                  Revenues     |   | $                                       | 255,500 |   |                                  | $      | 291,500 |   |   | $ | 564,200 |   |   | $ | 553,600 |   |

| **Operating                  Expenses** |   |                                    |    |   |                                  |   |
|-----------------------------------------|--------|-----------------------------------------|---------|--------|---------------------------------------|--------|
|                                    |   | **Three                  Months Ended** |    |   | **Six                  Months Ended** |   |
|                                    |   | **June                  30,**           |    |   | **June                  30,**         |   |
|                                    |   | **2007**                                |    |   | **2006**                              |   |   | **2007** |   |   | **2006** |   |
|                                    |   |                                    |    |   |                                  |   |   |   |   |   |   |   |
| Operating                  Expenses     |   | $                                       | 245,400 |   |                                  | $      | 262,400 |   |   | $ | 543,000 |   |   | $ | 532,100 |   |

| **Net                  Income from Continuing Operations** |   |                                    |   |   |                                  |   |
|------------------------------------------------------------|--------|-----------------------------------------|--------|--------|---------------------------------------|--------|
|                                                       |   | **Three                  Months Ended** |   |   | **Six                  Months Ended** |   |
|                                                       |   | **June                  30,**           |   |   | **June                  30,**         |   |
|                                                       |   | **2007**                                |   |   | **2006**                              |   |   | **2007** |   |   | **2006** |   |
|                                                       |   |                                    |   |   |                                  |   |   |   |   |   |   |   |
| Net                  Profit                                |   | $                                       | 10,300 |   |                                  | $      | 30,300 |   |   | $ | 20,800 |   |   | $ | 21,200 |   |

----

| **Loss                  from Discontinued Operations** |   |                                    |    |   |                                  |   |
|--------------------------------------------------------|--------|-----------------------------------------|---------|--------|---------------------------------------|--------|
|                                                   |   | **Three                  Months Ended** |    |   | **Six                  Months Ended** |   |
|                                                   |   | **June                  30,**           |    |   | **June                  30,**         |   |
|                                                   |   | **2007**                                |    |   | **2006**                              |   |   | **2007** |   |   | **2006** |   |
|                                                   |   |                                    |    |   |                                  |   |   |   |   |   |   |   |
| Net                  Loss                              |   | $                                       | (14,000 | )      |                                  | $      | (1,100 | ) |   | $ | (23,500 | ) |   | $ | (4,100 | ) |

| **Liquidity                  and Capital Resources** |   |                          |    |   |                              |   |
|------------------------------------------------------|--------|-------------------------------|---------|--------|-----------------------------------|--------|
|                                                 |   | **June                  30,** |    |   | **December                  31,** |   |
|                                                 |   | **2007**                      |    |   | **2006**                          |   |
|                                                 |   |                          |    |   |                              |   |
| Cash                  on Hand                        |   | $                             | 294,900 |   |                              | $      | 315,300 |   |

| **Deferred                  Revenue** |   |                          |    |   |                              |   |
|---------------------------------------|--------|-------------------------------|---------|--------|-----------------------------------|--------|
|                                  |   | **June                  30,** |    |   | **December                  31,** |   |
|                                  |   | **2007**                      |    |   | **2006**                          |   |
|                                  |   |                          |    |   |                              |   |
|                                       |   | $                             | 149,100 |   |                              | $      | 135,100 |   |

----

**ITEM        3. CONTROLS AND PROCEDURES**

**PART        II – OTHER INFORMATION**

| **ITEM                  1.** | **LEGAL                  PROCEEDINGS** |
|------------------------------|----------------------------------------|

| **ITEM                  2.** | **CHANGES                  IN SECURITIES AND SMALL BUSINESS ISSUER PURCHASE OF EQUITY                  SECURITIES** |
|------------------------------|---------------------------------------------------------------------------------------------------------------------|

|   | None |
|--------|------|

| **ITEM                  3.** | **DEFAULT                  UPON SENIOR SECURITIES** |
|------------------------------|-----------------------------------------------------|

| **ITEM                  4.** | **SUBMISSION                  OF MATTERS TO A VOTE OF SECURITY                  HOLDERS** |
|------------------------------|-------------------------------------------------------------------------------------------|

| **ITEM                  5.** | **OTHER                  INFORMATION** |
|------------------------------|----------------------------------------|

----

| **ITEM                  6.** | **EXHIBITS                  AND REPORTS ON FORM 8-K** |
|------------------------------|-------------------------------------------------------|

| Exhibit | Description |
|---------|-------------|

| 31.1 | Certification                  of the Chief Executive Officer pursuant to Section 302 of the                  Sarbanes-Oxley Act of 2002 |
|------|------------------------------------------------------------------------------------------------------------------------------------------|

| 31.2 | Certification                  of the Chief Financial Officer pursuant to Section 302 of the                  Sarbanes-Oxley Act of 2002 |
|------|------------------------------------------------------------------------------------------------------------------------------------------|

| 32.1 | Certification                  of Chief Executive Officer pursuant to U.S.C Section 1350 as adopted                  pursuant to Section 906 of the Sarbanes-Oxley Act of                  2002 |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 32.2 | Certification                  of Chief Financial Officer pursuant to U.S.C Section 1350 as adopted                  pursuant to Section 906 of the Sarbanes-Oxley Act of                  2002 |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b)                  Reports on Form 8-K. |
|--------|-------------------------------------------|

----

**SIGNATURES**

|                             | RecycleNet                  Corporation                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|----------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| August                  14, 2007 | /s/                  Paul                  Roszel                                                                       |
|                             | Paul                  Roszel, President and Chairman of the Board of                  Directors                                                                                                                                                                                                                                                                                                                                                                                       |
|                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| August                  14, 2007 | /s/                  Richard                  Ivanovick                                                                                                                   |
|                             | Richard                  Ivanovick, C.A., Chief Financial and Accounting                  Officer                                                                                                                                                                                                                                                                                                                                                                                     |

----