SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                   FORM 10-QSB

             Quarterly Report Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                      For Quarter Ending December 31, 2003

                        Commission File Number 000-26375


                   Military Communications Technologies, Inc.
             ------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)


     Delaware                                          84-1472120
     --------                                          ----------
(State  or  other  jurisdiction  of            (IRS Employer Identification
incorporation  or  organization)                          Number)

            19200 Von Karman Ave, Suite 500, Irvine California 92612
            ---------------------------------------------------------
                    (Address of principal executive offices)


                                 (949) 622-5508
              ----------------------------------------------------
                           (Issuer's telephone number)


                    Military Communications Technologies Inc
          -------------------------------------------------------------

    (Former name, former address and former fiscal year, if changed since last
                                     report)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by section 13 or 15(d) of Securities Exchange Act of 1934 during the
preceding  12  months  (or  for  such  a  shorter period that the registrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements  for  the past 90 days.                                Yes [X] No [
]

As  of  February 13, 2003, 131,143,330 common shares, $.001 par value per share,
were  outstanding.


<PAGE>

                   MILITARY COMMUNICATIONS TECHNOLOGIES, INC.

                                      INDEX

                                                                          Page
Part  I    FINANCIAL  INFORMATION

   Item  1.

      Balance  Sheet  as  of  December  31,  2003
      (Unaudited)  and  June  30,  2003                                    2

      Statements  of  Operations  for  the
      three  months  ended  December  31,  2003  and
      December  31,  2002  (Unaudited)                                     3

      Statements  of  Operations  for  the
      six  months  ended  December  31,  2003  and
      December  31,  2002  (Unaudited)                                     4

     Statement  of  Cash  Flows  for  the
      six  months  ended  December  31,  2003  and
      December  31,  2002  (Unaudited)                                     5

      Notes  to  Unaudited  Financial  Statements                          6

   Item  2.  Management's  Discussion  and  Analysis  of  Financial
                Condition  and  Results  of  Operations                   11

PART  II  -  OTHER  INFORMATION

   Item  1.  Legal  Proceedings

   Item  2.  Changes  in  Securities

   Item  3.  Default  on  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

SIGNATURES



<PAGE>

                   MILITARY COMMUNICATIONS TECHNOLOGIES, INC.
                           A DEVELOPMENT STAGE COMPANY
                                  Balance Sheet

<TABLE>
<CAPTION>
<S>                                                                        <C>           <C>
                                                                                Dec 31       June 30,
                                                                           ------------  ------------
                                                                                  2003          2003
                                                                           ------------  ------------
                                                                           (Unaudited)     See Note 1
ASSETS

Current Assets
Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $        79   $         -
Advances (Related Party). . . . . . . . . . . . . . . . . . . . . . . . .       17,328

                                                                           ------------  ------------
Total Current Assets. . . . . . . . . . . . . . . . . . . . . . . . . . .       17,407             -
                                                                           ------------  ------------

Non-Current Assets
Investment in Military SDR Technologies Pty Ltd,. . . . . . . . . . . . .            -             -
     Less Valuation Allowance of $107,354
Computer Equipment, net of accumulated depreciation . . . . . . . . . . .  $     8,189




                                                                           ============  ============
Total Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $    25,596   $         -
                                                                           ============  ============

LIABILITIES AND SHAREHOLDERS' DEFICIT

Current Liabilities:
Accounts payable and accrued expenses . . . . . . . . . . . . . . . . . .  $   450,756   $   581,431
Note Payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      177,692       177,692
Advances from shareholders. . . . . . . . . . . . . . . . . . . . . . . .      320,491       142,000

                                                                           ------------  ------------
Total Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . .      948,939       901,123
                                                                           ============  ============

Commitments and contingencies (Notes 4,5,6,7)

Shareholders' (deficit):
   Preferred stock - 20,000,000 shares authorized; $0.001 Par; no shares
issued and outstanding. . . . . . . . . . . . . . . . . . . . . . . . . .            -             -
   Common Stock - $0.001 Par Value, 200,000,000 shares authorized;
   131,143,330 and 125,843,329 shares issued and outstanding. . . . . . .      131,143       125,843
Warrants Issued . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       20,687             -
Additional paid in capital. . . . . . . . . . . . . . . . . . . . . . . .    2,985,275     2,290,443
Accumulated deficit . . . . . . . . . . . . . . . . . . . . . . . . . . .   (4,060,448)   (3,317,409)
                                                                           ------------  ------------
Total Shareholders (Deficit). . . . . . . . . . . . . . . . . . . . . . .     (923,343)     (901,123)
                                                                           ------------  ------------

Total Liabilities and Shareholders (Deficit). . . . . . . . . . . . . . .  $    25,596   $         -
                                                                           ============  ============

</TABLE>


The  accompanying  notes  are  an  integral  part of these financial statements.

<PAGE>

                   MILITARY COMMUNICATIONS TECHNOLOGIES, INC.
                           A DEVELOPMENT STAGE COMPANY
                       Statement of Operations (Unaudited)


<TABLE>
<CAPTION>
<S>                                                    <C>                 <C>
                                                               For Three Months
                                                               ------------------
                                                       Dec 31              Dec 31,
                                                       ------------------  ------------
                                                                    2003          2002
                                                       ------------------  ------------

Operating Expenses
     General and Administrative Expenses
           Professional Fees. . . . . . . . . . . . .  $         424,986   $         -
           Directors Fees . . . . . . . . . . . . . .            (21,250)            -
           Misc. General and Administrative Expenses.             70,445             -
     Sales and Marketing Expenses . . . . . . . . . .              8,436             -
                                                       ------------------  ------------
Total Operating Expenses. . . . . . . . . . . . . . .            482,617             -
                                                       ------------------  ------------

Net Operating (Loss). . . . . . . . . . . . . . . . .           (482,617)            -
                                                       ------------------  ------------

Other Income and (Expenses)
     Depreciation Expense . . . . . . . . . . . . . .               (745)            -
     Interest Expense . . . . . . . . . . . . . . . .             (4,443)            -
                                                       ------------------  ------------

Net (Loss) before Discontinued Operations . . . . . .           (487,805)            -
Loss from Discontinued Operations . . . . . . . . . .                  -       (97,447)
                                                       ------------------  ------------

Net (Loss). . . . . . . . . . . . . . . . . . . . . .  $        (487,805)  $   (97,447)
                                                       ==================  ============


 Basic loss per common share. . . . . . . . . . . . .  $             Nil   $       Nil
 Weighted average common shares outstanding . . . . .        124,599,652    19,630,900

 Diluted earnings per common share. . . . . . . . . .  $             Nil   $       Nil
 Weighted average diluted common shares outstanding .        124,599,652    19,630,900


</TABLE>



The  accompanying  notes  are  an  integral  part of these financial statements.

<PAGE>

                   MILITARY COMMUNICATIONS TECHNOLOGIES, INC.
                           A DEVELOPMENT STAGE COMPANY
                       Statement of Operations (Unaudited)

<TABLE>
<CAPTION>
<S>                                                    <C>               <C>           <C>

                                                            For Six Months
                                                            ----------------
                                                       Dec 31            Dec 31,       From July 1, 2003
                                                       ----------------  ------------  -------------------
                                                                  2003          2002     (New Development)
                                                       ----------------  ------------  -------------------
                                                                                      Through Dec 31, 2003
                                                                                      --------------------
Operating Expenses
     General and Administrative Expenses
           Professional Fees. . . . . . . . . . . . .  $       517,486   $         -   $          517,486
           Directors Fees . . . . . . . . . . . . . .           35,000             -               35,000
           Misc. General and Administrative Expenses.          124,491             -              124,491
     Sales and Marketing Expenses . . . . . . . . . .           56,465             -               56,465
                                                       ----------------  ------------  -------------------
Total Operating Expenses. . . . . . . . . . . . . . .          733,442             -              733,442
                                                       ----------------  ------------  -------------------

Net Operating (Loss). . . . . . . . . . . . . . . . .         (733,442)            -             (733,442)
                                                       ----------------  ------------  -------------------

Other Income and (Expenses)
     Depreciation Expense . . . . . . . . . . . . . .             (745)                              (745)
     Interest (Expense) . . . . . . . . . . . . . . .           (8,885)            -               (8,885)
     Interest Income. . . . . . . . . . . . . . . . .               33             -                   33


Net (Loss) before Discontinued Operations . . . . . .         (743,039)            -             (743,039)
Loss from Discontinued Operation. . . . . . . . . . .         (120,322)
                                                       ----------------  ------------  -------------------
Net (Loss). . . . . . . . . . . . . . . . . . . . . .  $      (743,039)  $  (120,322)  $         (743,039)
                                                       ================  ============  ===================


 Basic loss per common share. . . . . . . . . . . . .  $          (.01)  $       Nil   $             (.01)
 Weighted average common shares outstanding . . . . .      113,554,036    19,630,900          113,554,036

 Diluted earnings per common share. . . . . . . . . .  $          (.01)  $       Nil   $             (.01)
 Weighted average diluted common shares outstanding .      113,554,036    19,630,900          113,554,036

</TABLE>






The  accompanying  notes  are  an  integral  part of these financial statements.

<PAGE>

                   MILITARY COMMUNICATIONS TECHNOLOGIES, INC.
                           A DEVELOPMENT STAGE COMPANY
                       Statement of Cash Flows (Unaudited)

<TABLE>
<CAPTION>
<S>                                                       <C>               <C>                  <C>
                                                                  For Six Months                      From July 1, 2003
                                                          Dec 31            Dec 31                    (New Development)
                                                                     2003                 2002     Through Dec 31, 2003
                                                          ----------------  -------------------  ----------------------

Net Loss . . . . . . . . . . . . . . . . . . . . . . . .  $      (743,039)  $         (120,322)  $            (743,039)

Adjustments to reconcile net loss to cash used
   in operating activities:
  Depreciation of property and equipment . . . . . . . .              745                8,893                     745
  Amortization of capitalized software costs . . . . . .                -                4,274                       -
  Shares issued for Services . . . . . . . . . . . . . .          299,477                    -                 299,477

Change in assets and liabilities:
  (Increase) decrease in advances, related party . . . .          (17,328)             (27,225)                (17,328)
  Increase in accounts payable and accrued expenses. . .          240,267               61,254                 240,267
  Increase in officer (shareholder) compensation payable           70,550
  (Decrease) in Deferred revenue . . . . . . . . . . . .                -              (10,440)                      -
  Increase (Decrease) in Stock Payable
Other. . . . . . . . . . . . . . . . . . . . . . . . . .            2,092

                                                          ----------------  -------------------  ----------------------
Net cash provided by (used in) operating activities. . .         (219,878)             (10,924)               (219,878)
                                                          ----------------  -------------------  ----------------------

Cash Flows From Investing Activities:
 Purchase of property and equipment. . . . . . . . . . .           (8,934)              (1,736)                 (8,934)

                                                          ----------------  -------------------  ----------------------
 Net cash provided by (used in) investing activities . .           (8,934)              (1,736)                 (8,934)
                                                          ----------------  -------------------  ----------------------

Cash Flows From Financing Activities
Cash Received from sale of shares. . . . . . . . . . . .           50,400                    -                  50,400
Shareholder loan advances. . . . . . . . . . . . . . . .          178,491                    -                 178,491
Shareholder loan repayments. . . . . . . . . . . . . . .                -

                                                          ----------------  -------------------  ----------------------
Net Cash Provided By (Used In) Financing Activities. . .          228,891                    -                 228,891
                                                          ----------------  -------------------  ----------------------
`
Increase (decrease) in cash. . . . . . . . . . . . . . .  $            79   $          (12,660)  $                  79
Cash, beginning of period. . . . . . . . . . . . . . . .                -               12,660                       -
                                                          ----------------  -------------------  ----------------------
Cash, end of the period. . . . . . . . . . . . . . . . .  $            79   $                -   $                  79
                                                          ================  ===================  ======================

Supplemental disclosure of cash flow information

Liabilities converted to common stock. . . . . . . . . .  $       370,942                           $          370,942
                                                          ----------------  -------------------  ----------------------

</TABLE>


The  accompanying  notes  are  an  integral  part of these financial statements.

<PAGE>

                   MILITARY COMMUNICATIONS TECHNOLOGIES, INC.
                           A DEVELOPMENT STAGE COMPANY
                    Notes to Financial Statements (Unaudited)
                                December 31, 2003

1.     Unaudited  Statements
--     ---------------------

The  balance sheet as of December 31, 2003, the statements of operations and the
statements  of  cash  flows for the three months periods ended December 31, 2003
and  2002,  have been prepared by Military Communications Technologies Inc. (the
"Company")  without  audit,  pursuant  to  the  rules  and  regulations  of  the
Securities  and  Exchange  Commission.  Certain  information  and  footnote
disclosures,  normally  included  in  the  financial  statements  prepared  in
accordance with accounting principles generally accepted in the United States of
America,  have  been  condensed  or  omitted  as  allowed  by  such  rules  and
regulations,  and the Company believes that the disclosures are adequate to make
the  information  presented  not  misleading.  In the opinion of management, all
adjustments  (which  include  only  normal  recurring  adjustments) necessary to
fairly  present  the  financial  position,  results of operations and changes in
financial position at December 31, 2003 and for all periods presented, have been
made.

It  is  suggested that these statements be read in conjunction with the June 30,
2003  audited  financial  statements  and the accompanying notes included in the
Company's  Annual  Report on Form 10-KSB, filed with the Securities and Exchange
Commission.

2.     Operations  and  business  description
--     --------------------------------------

The  Company  was initially incorporated in the State of Texas on March 18, 1994
under  the  name  of  American/National  Trucking,  Inc.  On  August 28, 1998, a
Colorado corporation was merged into the Company and the name of the Company was
changed to Makepeace Capital Corp.  Makepeace specialized in the contracting and
management  of  the  construction of commercial properties and retail homes.  On
August  17,  2000 the Company entered into a share exchange agreement to acquire
99%  of  NetSalon  Corporation ("Legacy NSLN"), whereby MKPC changed its name to
NetSalon  and  Legacy  NetSalon continued operating as a subsidiary with the new
Corporate  name  of  NetSalon  I,  Inc.  ("NSLN  I").

In accordance with the business combination agreement, Makepeace transferred its
existing  assets  and liabilities to its former majority shareholder.  Makepeace
had  no assets or liabilities as of the business combination date.  As required,
the  business  combination  was  accounted  for as a reverse acquisition whereby
Legacy  NetSalon was defined, as the accounting acquirer while Makepeace was the
legal  acquirer.

Because  of  the  reverse  acquisition  and  in accordance with SEC regulations,
comparative information does not reflect Makepeace Capital Corp. operations, but
reflects  Legacy  NetSalon  operations.

<PAGE>

                   MILITARY COMMUNICATIONS TECHNOLOGIES, INC.
                           A DEVELOPMENT STAGE COMPANY
                    Notes to Financial Statements (Unaudited)
                                December 31, 2003

Legacy  NetSalon  originally  maintained a calendar year accounting period while
Makepeace  maintained  a fiscal year accounting period ending on June 30 of each
year.  The  new  entity,  Military  Communications  Technologies  Inc., formerly
NetSalon  Corporation  is  keeping  the  same  accounting  period  as Makepeace.

Legacy  NetSalon  began  operations  in  November 1998 developing internet-based
technologies  and had reached a point of technical feasibility with its products
by  December  31,  2000.  During  2000,  Legacy  NetSalon  emerged  from  its
developmental  stage,  entered  into  a business combination with Makepeace, and
established  itself  in the marketplace obtaining customers and establishing its
business  model.

On  December  2,  2002,  the  Company entered into an Acquisition Agreement with
Global Investment Fund Pty. Ltd., an Australian corporation, which resulted in a
change  of  control  of  the  Company as Global shareholders acquired 88% of the
NetSalon  common  stock  and  appointed  a  majority  of  the  directors.  Upon
completion  of  the  acquisition  by  Global,  the  Company  changed its name to
Military  Communications  Technologies,  Inc.  and  commenced  operating its new
telecommunications  business  as  more  fully  set  forth  below.

For  the  financial year ended June 30, 2003, the primary business was conducted
through  the Company's wholly owned subsidiary, NetSalon I Inc.  This subsidiary
was  primarily  an  enterprise  application  development  company  providing
internet-based  applications  for affinity and direct sales companies.  NetSalon
also  provided  custom web development, database design, multi-media application
development  and  other  consulting  services.

On  September  12,  2003  the  Company entered into an agreement with two former
officers  and  directors  of  the  Company  effectuating  a management buyout of
NetSalon  I  Inc. The agreement was effective June 30, 2003, and resulted in the
Company  assuming  the liabilities of NSLN I while the operating assets remained
with  the  subsidiary.

On  February  11,  2004,  management  announced  that the Company had become the
marketing  and distribution arm for Military SDR Technologies Pty Ltd ("MSDRT").
Under  the terms of the Agreement, the Company is appointed the exclusive global
sales  agent  for MSDRT and its core products, SpectruCell and PC4.  The Company
will  receive  a  commission  of  25%  of  the  gross  sales.

3.     Calculation  of  Earnings  (Loss)  Per  Share
--     ---------------------------------------------

Earnings  (or  loss)  per  share  ("eps")  are calculated in accordance with the
provisions  of  SFAS  No.  128,  Earnings  Per  Share. SFAS No. 128 requires the
Company  to  report  both  basic  earnings  per  share,  which  is  based on the
weighted-average  number  of common shares outstanding, and diluted earnings per
share,  which  is  based  on  the  weighted-

<PAGE>

                   MILITARY COMMUNICATIONS TECHNOLOGIES, INC.
                           A DEVELOPMENT STAGE COMPANY
                    Notes to Financial Statements (Unaudited)
                                December 31, 2003

average  number  of common shares outstanding plus all dilutive potential common
shares  outstanding,  except  where  the  effect  of  their  inclusion  would by
anti-dilutive  (i.e.,  in  a  loss  period).  Potentially  dilutive  shares  of
1,500,000 were not included in the calculation of diluted loss per share for the
period  ended  December  31,  2003,  as  their  inclusion  would  have  been
anit-dilutive.

4.     Basis  of  Presentation  -  Going  Concern
--     ------------------------------------------

The  accompanying  financial  statements  have  been prepared in conformity with
generally accepted accounting principles, which contemplates continuation of the
Company  as a going concern.  However, the Company has suffered recurring losses
from  operations,  has a stockholders' deficiency and a negative working capital
that  raise substantial doubts about its ability to continue as a going concern.
Management  is  attempting  to  raise  additional  capital.

In  view  of  these  matters,  realization of certain assets in the accompanying
balance  sheet  is  dependent upon continued operations of the Company which, in
turn,  is  dependent  upon  the  Company's  ability  to  meet  its  financial
requirements,  raise additional capital as needed, and the success of its future
operations.

Management  believes  that  its  ability to raise additional capital provides an
opportunity  for  the  Company  to  continue  as  a  going  concern.

5.     Investment  in  Unconsolidated  Affiliate
--     -----------------------------------------

On  January  30  2003,  the  Company purchased 15% of the equity of Military SDR
Technologies  Pty  Ltd, an Australian private company.  In consideration for the
purchase  the  Company  issued shares of the Company's outstanding common stock.
Due  to  the  uncertainties  with  respect  to valuation of this investment, the
Company  has  recorded  a  valuation  allowance  for  the  total  investment.  A
contingency exists with respect to this matter, the ultimate resolution of which
cannot  presently  be  determined.

6.     Common  Stock
--     -------------

On  June  29,2003,  the Company issued 400,000 shares of restricted common stock
for  services  valued  at  $39,600  and  $400  cash.

On  October  8,  2003  the  Company  issued  100,000  shares  to  an  entity  in
consideration  for  $30,000  in  professional  services.

<PAGE>

                   MILITARY COMMUNICATIONS TECHNOLOGIES, INC.
                           A DEVELOPMENT STAGE COMPANY
                    Notes to Financial Statements (Unaudited)
                                December 31, 2003

On  November  27,  2003  the  Company issued 500,000 shares of restricted common
stock  and 1,500,000 warrants to an equity investor in consideration for $50,000
cash.  See  note  7.

On December 1, 2003 the Company entered a contract with an entity for investment
banking  and  advisory  services.  Under  the  terms of the contract the Company
issued 250,000 shares of restricted common stock for services valued at $25,000.

On  December  31,  2003 the Company issued 3,001,000 shares of restricted common
stock  to  five  individuals  in  exchange  for  accrued  compensation  totaling
$300,100.

On  December  31,  2003  the  Company issued to two directors 125,000 restricted
shares  respectively  for  their  services  as  Directors  of  the  Company.

On  December  31,  2003 the Company issued 708,421 shares of free trading common
stock  to  its  legal counsel in exchange for accrued Legal Expenses of $70,842.

7.     Stock  Purchase  Warrants
--     -------------------------

On  November  26,  2003,  the  Company  issued warrants to an equity investor in
connection  with an equity offering in which the Company raised $50,000.  Series
A,  Series  B  and  Series  C warrants were issued to the investor entitling the
investor  to  purchase an aggregated 1,500,000 shares of restricted common stock
with exercise prices of $.20, $.35 and $.50, all of which expire on November 26,
2005.

The  proceeds  from  the  sale  of stock were allocated between the warrants and
common  stock.  The  estimated  fair  value  of  the  warrants  of  $63,516  was
determined  using  the  Black-Scholes  option-pricing  model.  The warrants were
allocated  $20,687  of  the  net  proceeds of the sale of stock, and $28,813 was
allocated  to  common  stock  and  additional  paid  in  capital.

The  following  table  summarizes  information  about  warrants  outstanding  at
December  31,  2003:

                                             Weighted-Average
                            Warrants         Remaining  Contractual
     Exercise  Price        Outstanding      Life  in  Years

          .20               500,000               1.88
          .35               500,000               1.88
          .50               500,000               1.88


<PAGE>

                   MILITARY COMMUNICATIONS TECHNOLOGIES, INC.
                           A DEVELOPMENT STAGE COMPANY
                    Notes to Financial Statements (Unaudited)
                                December 31, 2003

8.     Commitments  and  Contingencies
--     -------------------------------

On  July  18, 2003 the Company entered into an Investor Relations agreement with
an  entity for a term of six-months, whereby the entity would provide consulting
services in exchange for 400,000 shares of the Company's restricted common stock
and  a  monthly  retainer of $5,000 per month to be paid in cash or free trading
shares.  For  the six-month period ending December 31, 2003 the Company has paid
the  entity,  25,000  free  trading  common  stock and 400,000 restricted common
stock.  The  agreement  was  canceled  by  the  Company  as of February 4, 2003.

On October 8, 2003 the Company entered into an Investor Relations agreement with
an  entity, whereby the entity would provide consulting services in exchange for
100,000  shares  of  the Company's restricted common stock. The Company canceled
the  agreement  on  January 2, 2004 and is requesting the return of common stock
that  was  paid  in  consideration  for  the  contract.

On  October  21, 2003 the Company entered into a Public Relations Agreement with
an  entity,  whereby  the  entity  would  provide  public  relations services in
exchange  for  a  monthly  retainer  of  $3,000 cash per month.  The term of the
contract  is  one-year.

On  December 1, 2003 the Company entered into a one-year contract with an entity
for  investment banking and advisory services in exchange for $5,000 monthly fee
paid  in cash or free trading stock, for 325,000 free trading shares and 250,000
restricted  shares  of  the Company's common stock upon signing the contract and
another  125,000 free trading shares and 750,000 restricted shares over the life
of the contract.  As of February 15, 2004, the entity has not yet commenced work
in  association with this contract, and the Company intends to officially cancel
this contract. The Company issued 250,000 shares of its restricted common stock,
and  the  Company's  Executive  Director  transferred  460,000 shares of already
issued  stock. The entity has verbally agreed to return the stock to the Company
and  therefore,  no entry has been made to record the transfer of 460,000 shares
to  the  entity.

On  November  18,2003, the Company entered in to a finders fee agreement with an
entity,  whereby the Company would pay a 5% cash fee and warrants equal to 5% of
the  value of the transaction between the Company and the prospective purchaser.

On  February  11,  2004,  management  announced  that the Company had become the
marketing and distribution arm for MSDRT.  Under the terms of the Agreement, the
Company  is  appointed  the  exclusive global sales agent for MSDRT and its core
products,  SpectruCell and PC4.  The Company will receive a commission of 25% of
the  gross  sales.

<PAGE>

ITEM  2.   MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  FINANCIAL  CONDITION AND
CAUTIONARY  STATEMENTS:

This Quarterly Report on Form 10-QSB contains certain forward-looking statements
within  the meaning of Section 27A of the Securities Act of 1933 and Section 21E
of  the  Securities  Exchange  Act  of  1934.  The  Company  intends  that  such
forward-looking  statements  be  subject  to  the  safe  harbors created by such
statutes.  The  forward-looking  statements included herein are based on current
expectations  that  involve a number of risks and uncertainties. Accordingly, to
the  extent  that  this  Quarterly  Report  contains  forward-looking statements
regarding  the financial condition, operating results, business prospects or any
other  aspect  of  the  Company,  please  be  advised  that the Company's actual
financial  condition,  operating  results  and  business  performance may differ
materially  from  that  projected or estimated by the Company in forward-looking
statements.  The  differences  may  be caused by a variety of factors, including
but  not  limited to adverse economic conditions, intense competition, including
intensification  of price competition and entry of new competitors and products,
adverse  federal,  state  and  local  government regulation, inadequate capital,
unexpected  costs  and  operating  deficits,  and  increases  in  general  and
administrative  costs,  and  other specific risks that may be alluded to in this
Quarterly  Report  or  in other reports issued by the Company.  In addition, the
business  and  operations  of  the Company are subject to substantial risks that
increase  the  uncertainty  inherent  in  the  forward-looking  statements.  The
inclusion  of  forward looking statements in this Quarterly Report should not be
regarded  as  a  representation  by  the  Company  or  any other person that the
objectives  or  plans  of  the  Company  will  be  achieved.

THREE  MONTHS  ENDED  DECEMBER 31, 2003 VS. THREE MONTHS ENDED DECEMBER 31, 2002

During  the three months ended December 31, 2003, the Company did not report any
operational  revenue.  During  the  three  months  ended  December 31, 2002, the
Company  reported  a  loss  from  discontinued  operations  of ($97,477).  These
numbers  are  reflective of the Company's decision on September 12, 2003 to sell
its  operational  division  NetSalon  I,  Inc. The Company has not yet generated
revenues  from  its  telecommunications  business.

During  the  three  months  ended  December  31,  2003  operating  expenses were
$482,617.  During  the three months ended December 31, 2002 the Company included
all  expenses  in  discontinued  operations.

During  the  three  months  ended  December  31,2003,  other income and expenses
totaled  ($5,188)  and  included  interest expense of $4,443 and depreciation of
$745.

The  net  loss  was  $487,805  for  the three months ended December 31, 2003, as
compared  to a net loss of $97,447 for the three months ended December 31, 2002.

<PAGE>

SIX  MONTHS  ENDED  DECEMBER  31,  2003  VS.  SIX MONTHS ENDED DECEMBER 31, 2002

During  the  six  months ended December 31, 2003, the Company did not report any
operational revenue.  During the six months ended December 31, 2002, the Company
reported  discontinued  operations of $120,322.  These numbers are reflective of
the  Company's  decision  on September 12, 2003 to sell its operational division
NetSalon  I,  Inc.  The  Company  has  not  yet  generated  revenues  from  its
telecommunications  business.

During  the six months ended December 31, 2003 operating expenses were $733,442.
For  the  six  months  ending December 31, 2003 professional and consulting fees
comprised  of  $517,486  (71%) of total operating expenses incurred of $733,442.
For  the six months ended December 31, 2002 the Company included all expenses in
discontinued  operations.

The  net  loss  was  $743,039  for  the  six  months  ended December 31, 2003 as
compared  to  a net loss of $120,322 for the six months ended December 31, 2002.

LIQUIDITY  AND  CAPITAL  RESOURCES

As  of December 31, 2003, the Company had a working capital deficit of $931,532.

In  connection  with the Company's divestment of its stock ownership in NetSalon
I, Inc. the Company will continue to attempt to enter into conversion agreements
with  several  debtors  of  the  Company  that  were  incurred  under  previous
management.  The  Company  continues to seek to complete other such conversions.

On August 20, 2002, the Company entered into an agreement with James S. Williams
to  settle  a  litigation  matter brought by Mr. Williams.  Mr. Williams and the
Company  presently  have a dispute with respect to the correct performance under
that  agreement.  The  Company is vigorously defending its position with respect
to  that  agreement and believes that the outcome of this matter will not have a
material  impact  on  its  financial  statements.

Australian  Affiliate:  Military  SDR  Technologies  Pty  Ltd
-------------------------------------------------------------

Military  SDR  Technologies  Pty  Ltd  ("MSDRT")  is an Australian based private
company  in the business of developing communications equipment for the wireless
communications  industry  in  both  the  commercial  and  military  fields.  The
technology  has  been  developed  over the last four years in Australia, and has
ownership of several patent applications, developed by its engineering division,
for  a  revolutionary new Software Defined Radio multiple protocol wireless base
station  technology  known  as  SpectruCell.

MSDRT has had discussions with underwriters in the United Kingdom relating to an
IPO  of  the  business  onto  the London Stock Exchange administered AIM market.
Initial  discussions  indicate  that  the  IPO would be scheduled for the second
quarter  of  2004.  While  there  can be no assurance that MSDRT will be able to
complete  this  offering,  Management  of MSDRT believes that this potential IPO
could  provide  additional  capital  resources  required to fulfill its business
plan.  This  would  also permit the Company to properly reflect the value of its
holdings  in  MSDRT  on  the  Company's  balance  sheet.

<PAGE>

Marketing  Efforts  for  SpectruCell  and  PC4
----------------------------------------------

On  February  11,  2004,  management  announced  that the Company had become the
marketing and distribution arm for MSDRT.  Under the terms of the Agreement, the
Company  is  appointed  the  exclusive global sales agent for MSDRT and its core
products,  SpectruCell and PC4.  The Company will receive a commission of 25% of
the  gross  sales.

In  line  with this Agency Agreement the Company intends to expand the Company's
operational  presence  not  only in North America within the current fiscal year
but  into  Europe and Asia in the next fiscal year. Each facility to be operated
by  the Company will include testing and demonstration facilities to support all
marketing  and  sales  efforts.  These facilities will be staffed with engineers
from  its  affiliate  MSDRT  and  will  also  include  testing and demonstration
equipment  that  should  assist  the  sales  and  marketing initiatives in North
America.

ITEM  3.  CONTROLS  AND  PROCEDURES

Roger  May,  the  Company's  principal  executive  and  financial  officer,  has
evaluated  the effectiveness of the Company's disclosure controls and procedures
(as defined in Rule 13a-14(c) under the Securities Exchange Act of 1934) as of a
date  within 90 days of the filing of this report.  Based on that evaluation, he
has concluded that the Company's disclosure controls and procedures are adequate
and effective.  There have been no significant changes in the Company's internal
controls  or  in other factors that could significantly affect internal controls
subsequent  to  the  date  Mr.  May  completed  his  evaluation.



<PAGE>

                          PART II  - OTHER INFORMATION

ITEM  1.  LEGAL  PROCEEDINGS.

None

ITEM  2.  CHANGES  IN  SECURITIES.

On  June  29,2003,  the Company issued 400,000 shares of restricted common stock
for  services  valued  at  $39,600  and  $400  cash.

On  October  8,  2003  the  Company  issued  100,000  shares  to  an  entity  in
consideration  for  $30,000  in  professional  services.

On  November  27,  2003  the  Company issued 500,000 shares of restricted common
stock  and 1,500,000 warrants to an equity investor in consideration for $50,000
cash.

On December 1, 2003 the Company entered a contract with an entity for investment
banking  and  advisory  services.  Under  the  terms of the contract the Company
issued 250,000 shares of restricted common stock for services valued at $25,000.

On  December  31,  2003 the Company issued 3,001,000 shares of restricted common
stock  to  five  individuals  in  exchange  for  accrued  compensation  totaling
$300,100.

On  December  31,  2003  the  Company issued to two directors 125,000 restricted
shares  each  for  their  services  as  Directors  of  the  Company.

On  December  31,  2003 the Company issued 708,421 shares of free trading common
stock  to  its  legal counsel in exchange for accrued Legal Expenses of $70,842.

ITEM  3.  DEFAULTS  OF  SENIOR  SECURITIES.

None.

ITEM  4.  SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS.

None.

ITEM  5.  OTHER  INFORMATION.

On February 2, 2004 the Company filed an S-8 registration statement. Included in
the Registration was a share bonus to Mr. Roger May (950,000), Mr. Jeremy Norton
(250,000)  and  Ms.  Kristine  Woo  (100,000).


<PAGE>

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

The  Company  filed  a  Report  on  Form  8-K  on January 5, 2004 announcing the
resignation  of  Mr. Charles Wantrup, Mr. Peter Hayes Q.C and Mr. David Lockwood
as  Directors  of  the  Company  and the appointment of Mr. Jeremy Norton to the
Board  of  Directors.


                                   SIGNATURES

Pursuant  to  the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, as amended, the Registrant has duly caused this report to be signed
on  its  behalf  by  the  undersigned,  thereunto  duly  authorized.

                                        MILITARY COMMUNICATIONS TECHNOLOGIES INC



                                            By: /s/ Roger May
                                                   Roger May, Executive Director
                                                        Date:  February 23, 2004



<PAGE>

I,  Roger  May,  certify  that:

1.  I  have  reviewed  this  quarterly  report  on  Form  10-QSB  of  Military
Communications  Technologies,  Inc.  for  the  period  ended  December 31, 2003;

2.  Based  on  my  knowledge,  this quarterly 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  annual  report,  fairly present in all material
respects  the  financial  condition, results of operations and cash flows of the
Company  as  of,  and  for,  the  periods  presented  in  this  annual  report;

4.  I  am  responsible  for establishing and maintaining disclosure controls and
procedures  (as defined in Exchange Act Rules 13a-14 and 15d-14) for the Company
and  I  have:

a.  Designed  such  disclosure  controls  and procedures to ensure that material
information relating to the Company, 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  Company'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.  I  have  disclosed,  based  on  our most recent evaluation, to the Company's
auditors and the audit committee of the Company'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 Company's ability to record, process, summarize
and  report  financial  data  and have identified for the Company'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 Company's internal controls; and

6.  I have indicated in this annual 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.

                                            By: /s/ Roger May
                                                   Roger May, Executive Director
                                                        Date:  February 23, 2004


<PAGE>

    Certification Pursuant to Sections 906 of the Sarbanes-Oxley Act of 2002

Pursuant  to  Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and
(b)  of  Section  1350, Chapter 63 or Title 18, United States Code), each of the
undersigned  officers  of  Military  Communications  Technologies,  Inc.  (The
"Company")  does  hereby  certify,  to  such  officer's  knowledge,  that:

The  Quarterly  Report  on Form 10-QSB for the three month period ended December
31,  2003  of  the  Company  fully  complies, in all material respects, with the
requirements  of  section 13(a) or 15(d) of the Securities Exchange Act of 1934,
as amended, and information contained in the Form 10-QSB fairly presents, in all
material  respects,  the  financial  condition  and results of operations of the
Company.

A  signed  original  of  this written statement required by Section 906 has been
provided  by  Military Communications Technologies, Inc. and will be retained by
Military  Communications  Technologies, Inc. and furnished to the Securities and
Exchange  Commission  or  its  staff  upon  request.

                                            By: /s/ Roger May
                                                   Roger May, Executive Director
                                                        Date:  February 23, 2004