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, 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 July 20, 2003: 72,421,791
The number of class N shares outstanding at   July 20, 2003: 61,175,681




RECYCLENET CORPORATION AND SUBSIDIARIES
FORM 10-QSB
QUARTER ENDED June 30, 2003

TABLE OF CONTENTS

                                                          Page
PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

 Condensed Consolidated Balance Sheets (Unaudited)
  - June 30, 2003 and December 31, 2002                    3

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

 Condensed Consolidated Statements of Cash Flows for
  the Six Months Ended June 30, 2003 and 2002
  (Unaudited)                                              5

 Notes to Condensed Consolidated Financial Statements
   (Unaudited)                                             6



Item 2.  Management's Discussion and Analysis or
  Plan of Operation                                        8


Item 3.  Controls and Procedures                          10


Signatures                                                11




PART I - FINANCIAL INFORMATION

ITEM 1.   FINANCIAL STATEMENTS


RECYCLENET CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED)
                                           June 30,    December 31,
                                              2003            2002
------------------------------------------------------------------

ASSETS
Current Assets
Cash                                   $   209,480     $   212,196
Trade accounts receivable, net of
$1,686 and $1,659 allowance
  for bad debt, respectively                25,414          11,268
Other receivables                            7,904           6,560
Prepaid expenses                             1,500           4,028
Advances to related party - current          5,772           5,658
------------------------------------------------------------------
 Total Current Assets                      250,070         239,710
------------------------------------------------------------------

Property and Equipment
Computer equipment                          29,138          21,372
Less: Accumulated depreciation             (21,932)        (21,372)
------------------------------------------------------------------

 Net Property and Equipment                  7,206               -
------------------------------------------------------------------

Advances to Related Party - Net of
 Current Portion                             7,548          10,462
------------------------------------------------------------------

Total Assets                           $   264,824     $   250,172
==================================================================

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Trade accounts payable                 $         -     $    25,660
Accrued liabilities                         18,052          19,923
Deferred revenue                           109,833          63,433
------------------------------------------------------------------

 Total Current Liabilities                 127,885         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;
179,103,211 shares
  authorized; 72,421,791 shares issued
and outstanding                            724,218         724,218
Par value in excess of paid-in capital     (46,435)        (46,435)
Accumulated deficit                     (1,152,601)     (1,148,384)
------------------------------------------------------------------

 Total Stockholders' Equity                136,939         141,156
------------------------------------------------------------------


Total Liabilities and Stockholders'
  Equity                               $   264,824     $   250,172
==================================================================


See the accompanying notes to the condensed consolidated financial statements.

                                3


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

                               For the Three Months        For the Six Months
                                  Ended June 30,             Ended June 30
-----------------------------------------------------------------------------
                                  2003           2002         2003       2002
-----------------------------------------------------------------------------

Sales                          $  581,960  $  491,195    $1,009,779 $ 735,783
Cost of Sales                     378,269     346,278       703,445   468,090
-----------------------------------------------------------------------------
Gross Profit                      203,691     144,917       306,334   267,693

General and administrative
  expenses                       (173,322)   (148,559)     (310,272) (262,278)
Foreign currency exchange
  gain (loss)                     (11,337)      7,850          (279)    7,443
-----------------------------------------------------------------------------


Net Income (Loss)              $   19,032  $    4,208    $   (4,217)$  12,858
=============================================================================

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

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

See the accompanying notes to the condensed consolidated financial statements.

                                4

RECYCLENET CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)

For the Six Months Ended June 30                   2003              2002
-------------------------------------------------------------------------

Cash Flows From Operating Activities:
Net income (loss)                           $    (4,217)     $     12,858
Adjustments to reconcile net income (loss)
 to net cash  provided by (used in) operating
 activities:
  Depreciation                                      560             3,707
  Marketing expense associated with
   Global Recycling Network                           -            16,500
   Foreign currency exchange (gain) loss            279            (7,443)
Changes in assets and liabilities:
  Accounts and other receivables                (14,019)           (1,319)
  Prepaid expenses                                2,527                 -
  Accounts payable                              (25,660)                -
  Accrued liabilities                            (2,581)           (5,694)
  Deferred revenue                               45,267            13,218
-------------------------------------------------------------------------

 Net Cash From Operating Activities               2,156            31,827
-------------------------------------------------------------------------


Cash Flows From Investing Activities:
  Collection of advances to related party         2,800                 -
  Purchase of property and equipment             (7,776)                -
  Acquisition of Global Recycling Network             -           (16,500)
-------------------------------------------------------------------------

 Net Cash From Investing Activities              (4,976)          (16,500)
-------------------------------------------------------------------------

Effect of Exchange Rate Changes on Cash             104             7,443
-------------------------------------------------------------------------

Net Increase (Decrease) in Cash                  (2,716)           22,770

Cash at Beginning of Period                     212,196           190,245
-------------------------------------------------------------------------

Cash at End of Period                       $   209,480      $    213,015
=========================================================================


See the accompanying notes to the condensed consolidated financial statements.


                                        5


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 June 30, 2003 and December  31,  2002,
$4,180  and  $1,380  had been repaid leaving an unpaid balance  of  $13,320  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 and six months ended June 30, 2003 and 2002:


<TABLE>
<CAPTION>

                                                    For the Three Months            For the Six Months
                                                        Ended June 30,                 Ended June 30,
                                                ----------------------------    ----------------------------
                                                        2003            2002           2003             2002
------------------------------------------------------------------------------------------------------------
<S>                                             <C>             <C>             <C>             <C>

Net income (loss)                               $     19,032    $      4,207    $    (4,217)    $     12,858
------------------------------------------------------------------------------------------------------------
Weighted-average number of common shares
 calculation                                      72,421,791      72,305,362     72,421,791       72,305,692

Incremental potentially issuable common
 shares from assumed conversion of Class N
 common shares                                    61,175,681      66,291,781              -       66,291,781
------------------------------------------------------------------------------------------------------------

Weighted-average number of common
 shares and dilutive potential common shares
 used in diluted income per common share
 calculation                                     133,597,472     138,597,473     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:




                                       Portal      Equipment
                                     Services          Sales              Total
-------------------------------------------------------------------------------
For the Six Months Ended June 30, 2003

Sales                                $306,334        $703,445        $1,009,779
Net Loss                               (3,542)           (675)           (4,217)
Assets                                258,156           6,668           264,824

For the Six Months Ended June 30, 2002

Sales                                $267,693        $468,090        $  735,783
Net income (loss)                      13,400            (542)           12,858
Assets                                224,331          86,605           310,936


NOTE 4 - PURCHASES OF WEBSITES

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  and  a  detailed description of business are described  in  full  in  the
Company's annual report on form 10-KSB as of December 31, 2002.

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      For the Six Months Ended
                                June 30,                           June 30,
                      --------------------------------------------------------
                          2003            2002              2003          2002
                      --------------------------------------------------------
   Sales Revenues     $582,000        $491,200        $1,009,800      $735,800


Sales  revenues  for  the  three  month period ended  June  30,  2003  increased
favorably  by  18% or $90,800 to $582,000 in comparison to the  same  period  in
2002.   This improvement was divided in our business segments with Portal  sales
recording  $58,800  of this improvement and Andela Products Ltd  generating  the
remaining  $32,000. Although first quarter Portal sales were $21,100 lower  than
the  previous  year's  comparable  figures, second  quarter  Portal  sales  have
recovered more strongly.

Sales  revenues  recorded for the six months ended June 30, 2003  of  $1,009,800
increased  $274,000 from $735,800 during the similar period  of  2002.  Revenues
from  our  Portal web site services of $306,300 were $38,600 above the  $267,700
recorded  in  2002  and  as reported above, our second  quarter  business  sales
revenues were stronger than our first quarter results.


                                8


Sales at Andela Products Ltd. of $703,500 have increased 50% in 2003 compared to
the  $468,100  recorded in 2002.  Opportunities to quote  on  new  business  and
general  business activities at Andela have increased from the last  quarter  of
2002  resulting  in a higher level of new equipment shipments  in  2003.  Repair
parts  shipments  have  also been favorable this year compared  to  the  similar
period of 2002.


                      For the Three Months Ended      For the Six Months Ended
                                June 30,                           June 30,
                      --------------------------------------------------------
                          2003            2002              2003          2002
                      --------------------------------------------------------
   Gross Profit       $203,700        $144,900        $  306,300      $267,700


An  increase of  $58,800 in gross profit to $203,700 was recorded in the  second
quarter  of 2003 in comparison to the same period in 2002. As this gross  profit
is derived entirely from the sales revenues in our Portal services business, the
sales revenue increase resulted directly in the improvement of gross profit.

Gross Profit of $306,300 at the end of the second quarter of 2003 was 14% higher
than  the  $267,700 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 revenues increase,  our  gross  profit  increases
accordingly.

Although sales revenues at Andela Tool have increased, our gross profit has  not
matured and this business, as yet, is not contributing to our gross profit.

Operating Expenses

                      For the Three Months Ended      For the Six Months Ended
                                June 30,                           June 30,
                      --------------------------------------------------------
                          2003            2002              2003          2002
                      --------------------------------------------------------
   General and
     Administrative
     Expenses         $173,300        $148,600        $  310,300      $262,300


Expenses  in this area of our operations increased $24,700 to $173,300  compared
to  the  same period of 2002. With Portal revenues increasing, sales commissions
have correspondingly increased as well as office and administration, advertising
and general labor costs. In the second quarter of 2002, RecycleNet purchased the
assets  of GLOBAL RECYCLING NETWORK which consisted of their website and  domain
name  (www.grn.com).   This  purchase was totally  expensed  during  the  second
quarter  of  2002.   Subsequently as that was a one time cost  of  $16,500,  the
expenses for the same quarter of 2003 were reduced by this amount.

For  the  first  six  months, General and Administrative Expenses  increased  to
$310,300  in  2003 from $262,300 for the similar period of 2002, an increase  of
$48,000.  As discussed above, Portal sales revenues have increased in 2003  over
2002,  and  correspondingly  sales  commission  expenses  have  also  increased.
Professional  fees,  office  and administration, travel  and  labor  costs  have
increased to reflect our increased business activity level.

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      For the Six Months Ended
                                June 30,                           June 30,
                      --------------------------------------------------------
                          2003            2002              2003          2002
                      --------------------------------------------------------
   Net Income (loss)  $ 19,000        $  4,200        $   (4,200)     $ 12,900


                                9

Net  income  for  the second quarter of 2003 increased $14,800  from  $4,200  to
$19,000  compared  to 2002.  This is directly attributable to  the  increase  of
portal  revenues  of  $32,800,  while management controlled  all  expenses  less
foreign  exchange  gains to increase by only $18,000. With  additional  revenues
being  realized and with increase business activity on our web site,  management
is  carefully  expending additional monies to improve our business resources  to
serve our customers more professionally.

Liquidity and Capital Resources

The  Company's cash position recorded at June 30, 2003 of $209,500 has decreased
slightly  from  the  December 31, 2002 cash position of $212,200.  Cash  outlays
consisted  of  the  net loss year to date less depreciation  of  $560,  accounts
receivable increasing  by $14,020 reflecting higher sales revenues in the second
quarter,  the purchase of  $7,780 of equipment and the  retirement  of  all  the
accounts  payable of $25,660, totaling $48,020. Offsetting these  cash  outlays,
the increase in deferred revenue of $45,270 contributed the major portion of the
cash increase.  Management is closely monitoring the company's cash flow and  is
incurring new spending only after a careful review of its cash sustainability.

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  June  30,
2003, deferred revenue of $109,800 was higher than the December 31, 2002 balance
of  $63,400  reflecting directly the higher sales revenue levels in  the  second
quarter compared to the last quarter sales levels of 2002.


ITEM 3. CONTROLS AND PROCEDURES

The   Company  maintains  controls  and  procedures  designed  to  ensure   that
information  required to be disclosed in the reports that the Company  files  or
submits  under  the  Securities  Exchange Act of 1934  is  recorded,  processed,
summarized and reported within the time periods specified in the rules and forms
of  the Securities and Exchange Commission. Based upon their evaluation of those
controls  and  procedures performed within 90 days of the filing  date  of  this
report, the chief executive officer and the principal financial officer  of  the
Company  concluded  that the Company's disclosure controls and  procedures  were
adequate.

The  Company  made no significant changes in its internal controls or  in  other
factors that could significantly affect these controls subsequent to the date of
the  evaluation of those controls by the chief executive officer  and  principal
financial officer.


                                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


July 23, 2003                      --------------------------------------------
                                   Paul Roszel, President and Chairman of the
                                     Board of  Directors


July 23, 2003                      --------------------------------------------
                                   Richard Ivanovick, C.A., Chief Financial and
                                     Accounting Officer




                                11

EXHIBIT 99.1

                                                                  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 (the
"Company") on Form 10-QSB for the six months ending June 30, 2003, as filed with
the Securities and Exchange Commission on the date hereof (the "Report"), I,
Paul Roszel, Chief Executive Officer of the Company, certify, pursuant to
18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, that, to the best of my knowledge and belief:

     (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 result of operations of
          the Company.




-----------------------------------------
Paul Roszel
Chief Executive Officer
July 23, 2003


                                12
                                                                  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 Quarterly Report of RecycleNet Corporation (the "Company") on
Form 10-QSB for the six months ending June 30, 2003, as filed with the
Securities and Exchange Commission on the date hereof (the "Report"), I, Richard
R Ivanovick, Chief Financial Officer of the Company, certify, pursuant to
18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, that, to the best of my knowledge and belief:

     (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 result of operations of
          the Company.




----------------------------------------
Richard R Ivanovick
Chief Financial Officer
July 23, 2003

                                13
                                                             Exhibit [99.2]
                                  CERTIFICATION

     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 report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

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

     4.   The small business issuer's other certifying officer(s) and I are
responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control
over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-
15(f)) for the small business issuer and have:

          (a)  designed such disclosure controls and procedures, or caused such
     disclosure controls and procedures to be designed under our supervision, to
     ensure that material information relating to the small business issuer,
     including its consolidated subsidiaries, is made known to us by others
     within those entities, particularly during the period in which this report
     is being prepared;

          (b)  designed such internal control over financial reporting, or
     caused such internal control over financial reporting to be designed under
     our supervision, to provide reasonable assurance regarding the reliability
     of financial reporting and the preparation of financial statements for
     external purposes in accordance with generally accepted accounting
     principles;

          (c)  evaluated the effectiveness of the small business issuer's
     disclosure controls and procedures and presented in this report our
     conclusions about the effectiveness of the disclosure controls and
     procedures, as of the end of the period covered by this report based on
     such evaluation; and

          (d)  disclosed in this report any change in the small business
     issuer's internal control over financial reporting that occurred during the
     small business issuer's most recent fiscal quarter (the small business
     issuer's fourth fiscal quarter in the case of an annual report) that has
     materially affected, or is reasonably likely to materially affect, the
     small business issuer's internal control over financial reporting; and

     5.   The small business issuer's other certifying officer(s) and I have
disclosed, based on our most recent evaluation of internal control over
financial reporting, to the small business issuer's auditors and the audit
committee of the small business issuer's board of directors (or persons
performing the equivalent functions):

          (a)  all significant deficiencies and material weaknesses in the
     design or operation of internal control over financial reporting which are
     reasonably likely to adversely affect the small business issuer's ability
     to record, process, summarize and report financial information; and

          (b)  any fraud, whether or not material, that involves management or
     other employees who have a significant role in the small business issuer's
     internal control over financial reporting.


Date:  July 23, 2003

/s/
_____________________________________
Paul Roszel
Chief Executive Officer


                                14
                                                       Exhibit [99.2]
                                  CERTIFICATION

     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 report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

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

     4.   The small business issuer's other certifying officer(s) and I are
responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control
over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-
15(f)) for the small business issuer and have:

          (a)  designed such disclosure controls and procedures, or caused such
     disclosure controls and procedures to be designed under our supervision, to
     ensure that material information relating to the small business issuer,
     including its consolidated subsidiaries, is made known to us by others
     within those entities, particularly during the period in which this report
     is being prepared;

          (b)  designed such internal control over financial reporting, or
     caused such internal control over financial reporting to be designed under
     our supervision, to provide reasonable assurance regarding the reliability
     of financial reporting and the preparation of financial statements for
     external purposes in accordance with generally accepted accounting
     principles;

          (c)  evaluated the effectiveness of the small business issuer's
     disclosure controls and procedures and presented in this report our
     conclusions about the effectiveness of the disclosure controls and
     procedures, as of the end of the period covered by this report based on
     such evaluation; and

          (d)  disclosed in this report any change in the small business
     issuer's internal control over financial reporting that occurred during the
     small business issuer's most recent fiscal quarter (the small business
     issuer's fourth fiscal quarter in the case of an annual report) that has
     materially affected, or is reasonably likely to materially affect, the
     small business issuer's internal control over financial reporting; and

     5.   The small business issuer's other certifying officer(s) and I have
disclosed, based on our most recent evaluation of internal control over
financial reporting, to the small business issuer's auditors and the audit
committee of the small business issuer's board of directors (or persons
performing the equivalent functions):

          (a)  all significant deficiencies and material weaknesses in the
     design or operation of internal control over financial reporting which are
     reasonably likely to adversely affect the small business issuer's ability
     to record, process, summarize and report financial information; and

          (b)  any fraud, whether or not material, that involves management or
     other employees who have a significant role in the small business issuer's
     internal control over financial reporting.


Date:   July 23, 2003

/s/
_____________________________________
Richard R Ivanovick
Chief Financial Officer

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