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: March 31, 2003

                                       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        (IRS Employer Identification No.)
     incorporation or organization)

                   7 Darren Place, Guelph, ON N1H 6J2, CANADA
                   ------------------------------------------
          (Address of principal executive offices, including Zip Code)

                                  519-767-2913
                                  ------------
                          (Issuer's telephone number,)

State the number of shares outstanding of the issuer's classes of common equity,
as of the latest practicable date:

The number of common shares outstanding at May 2, 2003: 72,421,791
The number of class N shares outstanding at May 2, 2003: 61,175,681


                                        1


RECYCLENET CORPORATION AND SUBSIDIARIES
FORM 10-QSB
QUARTER ENDED MARCH 31, 2003

TABLE OF CONTENTS

                                                                    Page
PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements

 Condensed Consolidated Balance Sheets - March 31, 2003 and
  December 31, 2002 (Unaudited)                                      3

 Condensed Consolidated Statements of Operations for the
  Three Months Ended March 31, 2003 and 2002 (Unaudited)             4

 Condensed Consolidated Statements of Cash Flows for the
  Three Months Ended March 31, 2003 and 2002 (Unaudited)             5

 Notes to Condensed Consolidated Financial Statements                6

Item 2.   Management's Discussion and Analysis of Financial
  Condition and Results of Operation                                 8

Item 3.   Quantitative and Qualitative Disclosures About
  Market Risk                                                        10

Signatures                                                           11



                                2



PART I - FINANCIAL INFORMATION

ITEM 1.   FINANCIAL STATEMENTS



RECYCLENET CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED)

<TABLE>
<CAPTION>
                                                                March 31,     December 31,
                                                                  2003            2002
------------------------------------------------------------------------------------------
<S>                                                           <C>            <C>
ASSETS

Current Assets
 Cash                                                          $   147,859    $    212,196
 Trade accounts receivable, net of $1,670 and
  $1,659 allowance for bad debt, respectively                       10,957          11,268
 Other receivables                                                   7,002           6,560
 Prepaid expenses                                                    3,550           4,028
 Advances to related party - current                                 5,715           5,658
------------------------------------------------------------------------------------------
   Total Current Assets                                            175,083         239,710
------------------------------------------------------------------------------------------

Property and Equipment
 Computer equipment                                                 27,972          21,372
 Less accumulated depreciation                                     (21,623)        (21,372)
------------------------------------------------------------------------------------------
   Net Property and Equipment                                        6,349               -
------------------------------------------------------------------------------------------

Advances to Related Party - Net of Current Portion                   9,012          10,462
------------------------------------------------------------------------------------------

Total Assets                                                   $   190,444     $   250,172
==========================================================================================

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
 Trade accounts payable                                        $         -     $    25,660
 Accrued liabilities                                                12,897          19,923
 Deferred revenue                                                   59,640          63,433
------------------------------------------------------------------------------------------
   Total Current Liabilities                                        72,537         109,016
------------------------------------------------------------------------------------------

Stockholders' Equity
 Class N convertible shares (and Class X shares
  of Amalco) - $0.01 par value; 70,896,789 shares
  authorized; 61,175,681 shares issued and outstanding             611,757         611,757
 Common shares - $0.01 par value; 79,103,211 shares
  authorized; 72,421,791 shares issued and outstanding             724,218         724,218
 Capital distributions in excess of additional
  paid in capital                                                  (46,435)        (46,435)
 Accumulated deficit                                            (1,171,633)     (1,148,384)
------------------------------------------------------------------------------------------
   Total Stockholders' Equity                                      117,907         141,156
------------------------------------------------------------------------------------------

Total Liabilities and Stockholders' Equity                     $   190,444     $   250,172
==========================================================================================

</TABLE>


See the accompnying notes to the codensed consolidated financial statements.

                                3



RECYCLENET CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)

                                                    For the Three Months
                                                        Ended March 31,
                                                   ------------------------
                                                      2003           2002
---------------------------------------------------------------------------
Sales                                              $ 427,819      $ 244,588
Cost of Sales                                        325,176        121,812
---------------------------------------------------------------------------
   Gross Profit                                      102,643        122,776

General and administrative expenses                 (136,950)      (113,719)
Foreign currency exchange gain (loss)                 11,058           (407)
---------------------------------------------------------------------------

Net Income (Loss)                                  $ (23,249)     $   8,650
===========================================================================

Basic Income (Loss) Per Common Share               $     -        $     -
Diluted Income (Loss) Per Common Share             $     -        $     -
---------------------------------------------------------------------------


See the accompnying notes to the codensed consolidated financial statements.

                                4


RECYCLENET CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASHFLOWS
(UNAUDITED)

<TABLE>
<CAPTION>
                                                            For the Three Months
                                                               Ended March 31,
                                                            ----------------------
                                                               2003         2002
----------------------------------------------------------------------------------
<S>                                                        <C>           <C>
Cash Flows From Operating Activities:
 Net income (loss)                                          $(23,249)     $  8,650
 Adjustments to reconcile net income (loss) to net cash
  provided by operating activities:
   Depreciation                                                  251         1,983
   Foreign currency exchange (gain) loss                     (11,058)          407
 Changes in assets and liabilities:
   Accounts receivable                                          (131)      (13,698)
   Prepaids                                                      478             -
   Advances to related party                                   1,393             -
   Accounts payable                                          (25,660)            -
   Accrued liabilities                                        (7,026)        3,232
   Deferred revenue                                           (3,793)       (9,387)
----------------------------------------------------------------------------------
  Net Cash From Operating Activities                         (68,795)       (8,813)
----------------------------------------------------------------------------------

Cash Flows From Investing Activities:
 Purchase of property and equipment                           (6,600)            -
----------------------------------------------------------------------------------
  Net Cash From Investing Activities                          (6,600)            -
----------------------------------------------------------------------------------

Cash Flows From Financing Activities:                              -             -
----------------------------------------------------------------------------------

Effect of Exchange Rate Changes on Cash                       11,058          (407)
----------------------------------------------------------------------------------
Net Change in Cash                                           (64,337)       (9,220)
Cash at Beginning of Period                                  212,196       190,245
----------------------------------------------------------------------------------
Cash at End of Period                                       $147,859      $181,025
==================================================================================

</TABLE>



See the accompnying notes to the codensed consolidated financial statements.

                                5





RECYCLENET CORPORATION AND SUBSIDIARIES
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(Unaudited)

NOTE 1-ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES

Basis  of  Presentation - The accompanying condensed financial  statements  have
been  prepared  by RecycleNet Corporation and are unaudited. In the  opinion  of
management,   the  accompanying  unaudited  financial  statements  contain   all
adjustments (consisting of only normal recurring adjustments) necessary for fair
presentation in accordance with accounting principles generally accepted in  the
United States of America.

The  accompanying  unaudited interim financial statements  have  been  condensed
pursuant to the rules and regulations of the Securities and Exchange Commission;
therefore,  certain information and disclosures generally included in  financial
statements have been condensed or omitted. These financial statements should  be
read  in conjunction with the Company's annual financial statements included  in
the  Company's  annual  report  on Form 10-KSB as  of  December  31,  2002.  The
financial  position and results of operations of the interim  periods  presented
are  not necessarily indicative of the results to be expected for the year ended
December 31, 2003.

Advances  to  Related Party - At December 31, 2001, the Company  had  a  $17,500
receivable from a related party through common ownership. The loan was unsecured
and  due  on demand. During 2002 the receivable was converted to a loan  bearing
interest  at 4% per annum, repayable in 36 equal monthly payments commencing  in
October  2002  and remained unsecured. At March 31, 2003 and December  31,  2002
$1,393  and  $1,380  had been repaid leaving an unpaid balance  of  $14,727  and
$16,120, respectively.


NOTE 2-BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE

Basic income (loss) per common share is calculated by dividing net income (loss)
by  the  weighted-average  number of common shares outstanding.  Diluted  income
(loss)  per  common  share is calculated by dividing net income  (loss)  by  the
weighted-average  number  of  Class N (and Class X)  shares  and  common  shares
outstanding  to give effect to potentially issuable common shares except  during
loss periods when those potentially issuable shares are anti-dilutive.

The  following data shows the amounts used in computing basic and diluted income
per share for the three months ended March 31, 2003 and 2002:


<TABLE>
<CAPTION>

                                                                For the Three Months
                                                                   Ended March 31,
                                                            -----------------------------
                                                                2003            2002
-----------------------------------------------------------------------------------------
<S>                                                        <C>              <C>

Net income (loss)                                           $   (23,249)     $      8,650
-----------------------------------------------------------------------------------------
 Weighted-average number of common shares used in basic
  income (loss) per common share calculation                 72,421,791        72,305,692

Incremental potentially issuable common shares from assumed
  conversion of Class N common shares                                 -        66,291,781
-----------------------------------------------------------------------------------------

Weighted-average number of common shares and dilutive
  potential common shares used in diluted income (loss) per
  common share calculation                                   72,421,791       138,597,473
=========================================================================================

Basic Income (Loss) Per Common Share                        $       -        $        -

Diluted Income (Loss) Per Common Share                      $       -        $        -

</TABLE>



                                        6



NOTE 3-SEGMENT INFORMATION

The  Company  has  operations in two segments of its Internet business,  namely:
Internet  Portal  Services  and Sales of Equipment.  Information  regarding  the
operations and assets of these reportable business segments follows:


<TABLE>
<CAPTION>

                                                 Portal        Equipment
                                               Services            Sales             Total
------------------------------------------------------------------------------------------
<S>                                          <C>            <C>              <C>

For the Three Months Ended March 31, 2003
 Sales                                        $ 102,643      $   325,176      $    427,819
 Net loss                                       (22,851)            (398)          (23,249)
 Assets                                         183,499            6,945           190,444

For the Three Months Ended March 31, 2002
 Sales                                        $ 123,724      $   120,864      $    244,588
 Net income (loss)                                9,034             (384)            8,650
 Assets                                         205,923           87,126           293,049

</TABLE>


NOTE 4 - BUSINESS PURCHASE

On  February 5, 2003, the Company acquired the "RecycleXchange" website and  the
domain names "RecycleXchange.com" and "RecycleXchange.net" and all rights to the
name "RecycleXchange" for a cash payment of $5,000.

On  March 12, 2003, the Company acquired the "Palletbuyersguide" website and the
domain  name  "Palletbuyersguide.com" and all rights to  the  name  for  a  cash
payment of $500.

The  entire  purchase price for these websites were allocated to the  respective
websites purchased, which were accounted for as marketing and advertising  costs
in accordance with Statement of Position No. 98-02. Accordingly, the advertising
costs were expensed at the dates of acquisition.



                                        7



ITEM  2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATION

Cautionary Statement Regarding Forward_Looking Statements

Certain  statements contained in this Section and elsewhere in this Form  10-QSB
regarding  matters that are not historical facts are forward-looking  statements
(as  such  term  is defined in the Private Securities Litigation Reform  Act  of
1995).  Because such forward-looking statements include risks and uncertainties,
actual  results  may differ materially from those expressed or implied  by  such
forward-looking  statements. All statements that address operating  performance,
events  or developments that management expects or anticipates to occur  in  the
future, including statements relating to sales and earnings growth or statements
expressing  general optimism about future operating results, are forward-looking
statements.  The  forward-looking statements are based on  management's  current
views  and  assumptions regarding future events and operating performance.  Many
factors could cause actual results to differ materially from estimates contained
in management's forward-looking statements.  The differences may be caused by  a
variety  of  factors, including but not limited to adverse economic  conditions,
competitive pressures, inadequate capital, unexpected costs, lower revenues, net
income  and   forecasts, the possibility of fluctuation and  volatility  of  our
operating  results   and financial condition, inability to carry  out  marketing
and  sales plans and loss of key executives, among other things.

Overview

The following discussion of the financial condition and results of operations of
the  Company  should  be read in conjunction with the financial  statements  and
notes related thereto, included elsewhere in this report.

RecycleNet  Corporation  provides "Global Access to  Recycling  Markets"  (GARM)
through  Internet portals that facilitate e-commerce trading. The Company's  web
sites are described in "Description of Business" above.

Results of Operations

RecycleNet  Corporation  (an Ontario Private Corporation)  was  incorporated  on
December 22, 1997 and purchased the ongoing business proprietorship of Mr.  Paul
Roszel. The Company operated its business activities and continued to expand its
operations throughout the following period.

Throughout  the reporting periods shown previously, common stock was issued  for
various  items  (ie. business & start-up costs; merger costs; professional  fees
and  marketing expenses). Accounting principles generally accepted in the United
States  of  America  require that we value these shares  at  reasonable  current
values  when  issued. Consequently, the paid-in-capital of the Company  recorded
has  received  a substantial paid-in capital and the consolidated  statement  of
Accumulated Deficit recorded a correspondingly large deficit.

Sales Revenues

                                       For the Three Months Ended
                                               March 31,
                                       --------------------------
                                          2003            2002
                                       -----------    -----------
          Sales Revenues                 $427,800       $244,600

Sales  revenues recorded for the three months ended March 31, 2003  of  $427,800
have  increased  $183,200  from $244,600 during  the  similar  period  of  2002.
Revenues  from our Portal web site services of $102,600 were $21,100  below  the
$123,700 recorded in 2002.  Revenues in January, 2003 were strong while February
and March revenues weakened compared to last year.

Sales  at  Andela  Products Ltd. of $325,200 were quite strong compared  to  the
$120,900  recorded in 2002. Opportunities to quote on new business  and  general
business  activities  at  Andela have matured from  the  last  quarter  of  2002
resulting  in  new equipment shipments in this quarter. Repair  parts  shipments
were also favorable in this quarter compared to the similar quarter of 2002.


                                        8


Gross Profit

                                       For the Three Months Ended
                                               March 31,
                                       --------------------------
                                          2003            2002
                                       -----------    -----------

          Gross Profit                   $102,600       $122,800

Gross  Profit  of $102,600 in the first quarter of 2003 was 16% lower  than  the
$122,800  recorded  in the similar period of 2002.  Gross  Profit  is  a  direct
result   of  our  revenue  associated  with  our  Portal  web  site  activities,
consequently as these sales fall, our gross profit falls accordingly.  Our gross
profit related to the Andela business has not matured and this business, as yet,
is not contributing to our gross profit.

Operating Expenses
v
                                       For the Three Months Ended
                                               March 31,
                                       --------------------------
                                          2003            2002
                                       -----------    -----------

           General and Administrative
           Expenses                     $136,900        $113,700

General  and Administrative Expenses increased to $136,900 in 2003 from $113,700
in  the  first  quarter of 2002, an increase of $23,200. Compared  to  the  same
quarter of 2002, Professional fees were higher by $6,900 reflecting invoicing in
the  first quarter of 2003 rather than the second quarter for services rendered.
Increased  salaries  of $3,600, increased travel expenses to attend  conventions
and trade shows of $4,600 and sales commissions increases of  $2,500 contributed
to the increase in total expenses.

On  February  5,  2003,  the  company acquired the  assets  of  "RecycleXchange"
consisting  of  the  website  and  the  domain  names  "RecycleXchange.com"  and
"RecycleXchange.net" and all the rights to the name "RecycleXchange",  including
all attendant intellectual property rights therein. The entire purchase price of
$5,000  US  funds  was  paid  by  cash and  was  allocated  to  the  website  of
"RecycleXchange.com" which was accounted for as marketing and advertising  costs
in  accordance  with  the  Statement  of  Position  No  98-2.  Accordingly,  the
advertising costs were expensed at the date of acquisition.

Net Income (Loss)

                                       For the Three Months Ended
                                               March 31,
                                       --------------------------
                                          2003            2002
                                       -----------    -----------

          Net Income (loss)             $(23,200)       $  8,700

The  Net quarterly loss of $23,200 reported in the first quarter of 2003  was  a
significant reduction from the $8,700 profit recorded in the similar  period  of
2002.  Portal  Sales revenues appeared to be improving early in the  quarter  of
2003  but proved to be much lower by quarter's end.  Based on these early  sales
results,   management  approved  additional  projects  and  resulting  expenses.
However,  sales started to weaken in February from our expected  levels  and  we
could  not  withdraw  from  some  of  the  expense  commitments  .  Management's
continuing challenge is to grow and improve the business model within  the  cash
parameters  of  our daily business activities. We are responding to  unfavorable
aspects  of our business and correspondingly maintaining control of our  expense
levels

Liquidity and Capital Resources

The Company's cash position recorded at March 31, 2003 of $147,900 has decreased
by  $64,300 from the December 31, 2002 cash position of $212,200. The loss  from
operations  of  $23,200, the payment of accounts payable and accrued liabilities
of $32,700, and the decrease of deferred revenue of $3,800 accounted for $59,700
usage  of   our  cash  resources.  The purchase of $6,600 of  equipment  in  the
quarter also contributed to the reduction of our cash position. Offsetting  this
reduction was a $11,100 gain in our foreign exchange during the quarter.


                                        9


Management  has currently adjusted its expense activities to coincide  with  its
incoming  revenue  stream and is now operating a cash  flow  positive.  We  will
continue  to  focus on improving this operating performance of the  company  and
protect it's cash resources.

Deferred Revenue

Deferred  revenue  results from RecycleNet customers who pay for  their  service
purchases  in advance, such as quarterly, semi-annually, or annually. RecycleNet
records  the  initial payment in deferred revenue and then  recognizes  in  each
subsequent month that proportion which is provided in services. As at March  31,
2003, deferred revenue of $59,640 was slightly lower than the December 31,  2002
balance  of  $63,400. Although sales revenues decreased in the current  quarter,
the  mix of larger individual invoiced sales contracts resulted in the sustained
balance in the deferred revenue account.


ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Competition  for Internet products and services, advertising and  e-commerce  is
intense.   The  Company  expects that competition will  continue  to  intensify.
Barriers  to entry are minimal, and competitors can launch new Web  sites  at  a
relatively   low   cost.    It   competes  for   a   share   of   a   customer's
advertising/promotional  budget with online services  and  traditional  off-line
media, such as print and trade associations.

Competitors  may develop Internet products or services that are superior  to  or
have greater market acceptance than the Company's solutions.  If it is unable to
compete  successfully  against  its competitors, business  condition,  financial
condition, and operating results will be adversely affected.

Many  of  the  Company's  competitors have much greater  brand  recognition  and
greater  financial,  marketing and other resources.  This  may  place  it  at  a
disadvantage in responding to its competitors' pricing strategies, technological
advances, advertising campaigns, strategic partnerships and other initiatives.



                                        10


                                   SIGNATURES


Pursuant to the requirements of the Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.


                                   RecycleNet Corporation


May 8, 2003                   /s/  Paul Roszel
                              -----------------------------------
                              Paul Roszel, President and Chairman
                                of the Board of Directors


May 8, 2003                   /s/  Richard Ivanovick
                              -----------------------------------
                              Richard Ivanovick, C.A., Chief
                                Financial and Accounting Officer



                                        11



EXHIBIT 99.1


                       CERTIFICATION PURSUANT TO
                        18 U.S.C.SECTION 1350,
                        AS ADOPTED PURSUANT TO
             SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of RecycleNet Corporation on
10-QSB for the period ending March 31, 2003 as filed with the
Securities and Exchange Commission on the date hereof (the "Report"),
I, Paul Roszel, certify, pursuant to 18 U.S.C. ss. 1350, as adopted
pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:

     (1)  The  Report fully complies with the requirements of  section
          13(a) or 15(d) of the Securities Exchange Act of 1934; and

     (2)  The information contained in the Report fairly presents,  in
          all  material respects, the financial condition and  results
          of operation of the Company.


/s/   Paul Roszel
___________________________
Paul Roszel
Chief Executive Officer
May 8, 2003


EXHIBIT 99.1


                       CERTIFICATION PURSUANT TO
                        18 U.S.C.SECTION 1350,
                        AS ADOPTED PURSUANT TO
             SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of RecycleNet Corporation on
10-QSB for the period ending March 31, 2003  as filed with the
Securities and Exchange Commission on the date hereof (the "Report"),
I, Richard R Ivanovick, certify, pursuant to 18 U.S.C. ss. 1350, as
adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:

     (1)  The  Report fully complies with the requirements of  section
          13(a) or 15(d) of the Securities Exchange Act of 1934; and

     (2)  The information contained in the Report fairly presents,  in
          all  material respects, the financial condition and  results
          of operation of the Company.


/s/   Richard R Ivanovick
___________________________
Richard R Ivanovick
Chief Financial Officer
May 8, 2003



                                12


                         Attachment A

             Form of Certification for Form 10-QSB

                        CERTIFICATIONS


I, Paul Roszel, certify that:

     1.   I have reviewed this quarterly report on Form 10-QSB
of RecycleNet Corporation;

     2.   Based on my knowledge, this quarterly report does not
          contain any untrue statement of 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 quarterly report;

     3.   Based on my knowledge, the financial statements, and
          other financial information included in this
          quarterly report, fairly present in all material
          respects the financial condition, results of
          operations and cash flows of the registrant as of,
          and for, the periods presented in this quarterly
          report;

     4.   The registrant's other certifying officers and I are
          responsible for establishing and maintaining
          disclosure controls and procedures (as defined in
          Exchange Act Rules 13a-14 and 15d-14) for the
          registrant and we have:

          a)   designed such disclosure controls and procedures to ensure
            that material information relating to the registrant, including
            its consolidated subsidiaries, is made known to us by others
            within those entities, particularly during the period in which
            this quarterly report is being prepared;

          b)   evaluated the effectiveness of the registrant's disclosure
            controls and procedures as of a date within 90 days prior to
            the filing date of this quarterly report (the "Evaluation
            Date"); and

          c)   presented in this quarterly report our conclusions about
            the effectiveness of the disclosure controls and procedures
            based on our evaluation as of the Evaluation Date;

         5.   The registrant's other certifying officers and I
          have disclosed, base on our most recent evaluation,
          to the registrant's auditors and the audit committee
          of registrant's board of directors (or persons
          performing the equivalent function):

          a)   all significant deficiencies in the design or operation of
            internal controls which could adversely affect the registrant's
            ability to record, process, summarize and report financial data
            and have identified for the registrant's auditors any material
            weaknesses in internal controls; and

          b)   any fraud, whether or not material, that involves
            management or other employees who have a significant role in
            the registrant's internal controls; and

               6.   The registrant's other certifying officers and I have
                 indicated in this quarterly report whether or not there were
                 significant changes in internal controls or in other factors
                 that could significantly affect internal controls subsequent to
                 the date of our most recent evaluation, including any
                 corrective actions with regard to significant deficiencies and
                 material weaknesses.


Date:  May 8, 2003


/s/  Paul Roszel
_____________________________________
Paul Roszel
Chief Executive Officer


                                        13



                         Attachment A

             Form of Certification for Form 10-QSB

                        CERTIFICATIONS

I, Richard R Ivanovick, certify that:

     1.   I have reviewed this quarterly report on Form 10-QSB
of RecycleNet Corporation;

     2.   Based on my knowledge, this quarterly report does not
          contain any untrue statement of 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 quarterly report;

     3.   Based on my knowledge, the financial statements, and
          other financial information included in this
          quarterly report, fairly present in all material
          respects the financial condition, results of
          operations and cash flows of the registrant as of,
          and for, the periods presented in this quarterly
          report;

     4.   The registrant's other certifying officers and I are
          responsible for establishing and maintaining
          disclosure controls and procedures (as defined in
          Exchange Act Rules 13a-14 and 15d-14) for the
          registrant and we have:

          d)   designed such disclosure controls and procedures to ensure
            that material information relating to the registrant, including
            its consolidated subsidiaries, is made known to us by others
            within those entities, particularly during the period in which
            this quarterly report is being prepared;

          e)   evaluated the effectiveness of the registrant's disclosure
            controls and procedures as of a date within 90 days prior to
            the filing date of this quarterly report (the "Evaluation
            Date"); and

          f)   presented in this quarterly report our conclusions about
            the effectiveness of the disclosure controls and procedures
            based on our evaluation as of the Evaluation Date;

         5.   The registrant's other certifying officers and I
          have disclosed, base on our most recent evaluation,
          to the registrant's auditors and the audit committee
          of registrant's board of directors (or persons
          performing the equivalent function):

          c)   all significant deficiencies in the design or operation of
            internal controls which could adversely affect the registrant's
            ability to record, process, summarize and report financial data
            and have identified for the registrant's auditors any material
            weaknesses in internal controls; and

          d)   any fraud, whether or not material, that involves
            management or other employees who have a significant role in
            the registrant's internal controls; and

               6.   The registrant's other certifying officers and I have
                 indicated in this quarterly report whether or not there were
                 significant changes in internal controls or in other factors
                 that could significantly affect internal controls subsequent to
                 the date of our most recent evaluation, including any
                 corrective actions with regard to significant deficiencies and
                 material weaknesses.


Date:  May 8, 2003

/s/  Richard R. Ivanovick
_____________________________________
Richard R Ivanovick
Chief Financial Officer


                                        14