UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 10-QSB



[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
     OF 1934.

                 For the quarterly period ended March 31, 2003


[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
     OF 1934.

        For transition period from _______________ to _________________


                        Commission file number 000-30244


                                 CYCO.NET, INC.
                 (Name of small business issuer in its charter)


                                Nevada 13-3389415
     (State or other jurisdiction of incorporation) (IRS Employer ID Number)


             4201 Yale Boulevard, NE Suite G, Albuquerque, NM 87107
               (Address of principal executive offices) (Zip code)
                    Issuer's telephone number (505) 344-9643


Check whether the registrant (1) filed all reports required to be filed by
Section 13 or 15 (d) of the Securities and Exchange Act of 1934 during the past
12 months (or for such 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. [X] Yes [ ] No

The number of shares of Common Stock outstanding as of May 13, 2003 was
32,715,931.
<PAGE>
                                  CYCO.NET,INC.
                                   FORM 10-QSB
                                      INDEX
                                 March 31, 2003


PART I FINANCIAL INFORMATION

     Consolidated Balance Sheet (unaudited)                                    2

     Consolidated Statements of Operations (unaudited)                         3

     Consolidated Statements of Cash Flows (unaudited)                         4

     Notes to Consolidated Financial Statements (unaudited)                    5

     Management's Discussion and Analysis of Financial
       Condition and Results of Operations                                     6


PART II OTHER INFORMATION

     Legal Proceedings                                                         7

     Changes in Securities and Use of Proceeds                                 8

     Controls and Procedures                                                   8

     Defaults Upon Senior Securities                                           8

     Submission of Matters to a Vote of Security Holders                       8

     Other Information                                                         8

     Exhibits and Reports on Form 8-K                                          9
<PAGE>
                                 CYCO.NET, INC.
                           CONSOLIDATED BALANCE SHEET
                                   (UNAUDITED)
                                 MARCH 31, 2003

                                     ASSETS
CURRENT ASSETS
  Cash                                                                $      --
  Receivables                                                            35,422
  Inventory                                                               9,499
                                                                      ---------
     Total current assets                                                44,921
                                                                      ---------

PROPERTY AND EQUIPMENT, net of
  accumulated depreciation of $3,469                                      5,585
                                                                      ---------

OTHER ASSETS
  Intangible assets - Domain name and website,
    net of accumulated amortization of $56,254                           16,746
  Deposit                                                                 1,905
                                                                      ---------
                                                                         18,651
                                                                      ---------

                                                                      $  69,157
                                                                      =========

                    LIABILITIES AND STOCKHOLDERS' (DEFICIT)

CURRENT LIABILITIES
  Bank overdraft                                                      $   7,530
  Accounts payable and accrued expenses                                 198,107
  Accounts payable - related party                                        1,000
                                                                      ---------
     Total current liabilities                                          206,637
                                                                      ---------

STOCKHOLDERS' (DEFICIT)
  Common Stock, $0.001 par value,
    100,000,000 shares authorized,
     31,496,419 issued and outstanding                                   31,496
  Additional paid in capital                                            668,309
  Accumulated (deficit)                                                (837,285)
                                                                      ---------
                                                                       (137,480)
                                                                      ---------

                                                                      $  69,157
                                                                      =========

               The accompanying notes are an integral part of the
                       consolidated financial statements.

                                        2
<PAGE>
                                 CYCO.NET, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

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

Revenues, net                                   $  1,481,291       $  1,056,854
                                                ------------       ------------
Cost of goods sold
  Product                                          1,210,863            887,608
  Shipping                                           108,159             60,435
  Credit card processing                              42,938             26,468
                                                ------------       ------------
                                                   1,361,960            974,511
                                                ------------       ------------

Gross profit                                         119,331             82,343

General and administrative expenses                  112,541             93,527
                                                ------------       ------------

Income (loss) from operations                          6,790            (11,184)
                                                ------------       ------------

Other income (expense):
  Interest expense                                    (1,362)              (198)
                                                ------------       ------------

Net income (loss)                               $      5,428       $    (11,382)
                                                ============       ============

Per share information:
Net income (loss) per common share
  (basic and diluted)                           $       0.00       $      (0.00)
                                                ============       ============

Weighted average shares
  outstanding (basic and diluted)                 31,496,419         26,496,419
                                                ============       ============

               The accompanying notes are an integral part of the
                       consolidated financial statements.

                                        3
<PAGE>
                              CYCO.NET, INC.
                   CONSOLIDATED STATEMENTS OF CASH FLOWS
                                (UNAUDITED)

                                                    THREE MONTHS ENDED MARCH 31,
                                                    ----------------------------
                                                      2003               2002
                                                    --------           --------
Cash flows from operating actvities:
Net cash provided by (used in) operating
  activities                                        $(13,165)          $  6,647
                                                    --------           --------

Cash flows from investing activities:
   Acquisition of intangible assets                       --             (8,000)
                                                    --------           --------
      Net cash (used in) investing activities             --             (8,000)
                                                    --------           --------

Cash flows from financing activities
   Increase in bank overdraft                          7,530                 --
                                                    --------           --------
      Net cash provided by financing activities        7,530                 --
                                                    --------           --------

      Net (decrease) in cash                          (5,635)            (1,353)
Beginning cash balance                                 5,635              5,219
                                                    --------           --------

Ending cash balance                                 $     --           $  3,866
                                                    ========           ========

               The accompanying notes are an integral part of the
                       consolidated financial statements.

                                        4
<PAGE>
                                 CYCO.NET, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)
                                 MARCH 31, 2003

(1) BASIS OF PRESENTATION

The accompanying unaudited consolidated financial statements have been prepared
in accordance with accounting principles generally accepted in the United States
of America ("GAAP") for interim financial information and Item 310(b) of
Regulation S-B. They do not include all of the information and footnotes
required by GAAP for complete financial statements. In the opinion of
management, all adjustments (consisting only of normal recurring adjustments)
considered necessary for a fair presentation have been included. The results of
operations for the periods presented are not necessarily indicative of the
results to be expected for the full year. For further information, refer to the
audited financial statements of the Company as of December 31, 2002 and for the
two years then ended, including notes thereto, included in the Company's Form
10-KSB.

The accompanying consolidated financial statements include the accounts of the
Company and its subsidiary. Intercompany transactions and balances have been
eliminated in consolidation.

(2) RECLASSIFICATIONS

Certain amounts from the three months ended March 31, 2002 financial statements
have been reclassified to conform to current period presentation.

(3) GOING CONCERN

The Company's financial statements are presented on a going concern basis, which
contemplates the realization of assets and satisfaction of liabilities in the
normal course of business.

The Company has experienced losses from operations as a result of its investment
necessary to achieve its operating plan, which is long-range in nature. For the
year ended December 31, 2002 the Company incurred a net (loss) of $325,593. At
March 31, 2003, the Company had a working capital (deficit) of $161,716 and
stockholders' (deficit) of $137,480.

The Company's ability to continue as a going concern is contingent upon its
ability to secure financing and attain profitable operations. In addition, the
Company's ability to continue as a going concern must be considered in light of
the problems, expenses and complications frequently encountered by entrance into
established markets and the competitive environment in which the Company
operates.

The Company is pursuing financing for its operations and working towards
increasing their gross profit by seeking lower cost suppliers. In addition, the
Company is searching for other segments in which to generate revenue.

The financial statements do not include any adjustments to reflect the possible
future effects on the recoverability and classification of assets or the amounts
and classification of liabilities that may result from the possible inability of
the Company to continue as a going concern.

(4) EARNINGS PER SHARE

The Company calculates net income (loss) per share as required by Statement of
Financial Accounting Standards No. 128, "Earnings per Share." Basic earnings
(loss) per share is calculated by dividing net income (loss) by the weighted
average number of common shares outstanding for the period. Diluted earnings
(loss) per share is calculated by dividing net income (loss) by the weighted
average number of common shares and dilutive common stock equivalents
outstanding. During the periods presented, common stock equivalents were not
considered as their effect would be anti-dilutive.

(5) INVENTORY

 Inventory is stated at the lower of cost or market, cost being determined on a
first-in, first-out basis.

                                        5
<PAGE>
(6) CONTINGENT LIABILITIES

On January 28, 2003, the Company's subsidiary was named in a civil action filed
in the United States District Court Southern District of New York by the City of
New York as one of approximately a dozen defendants who engaged in the business
of internet on-line cigarette sales. The suite alleges that the Company failed
to report the names and addresses of its customers to taxing authorities. The
extent of the City's damages is to be determined at trial.

On April 1, 2003, the State of California filed a civil action in the Superior
Court of California, County of San Diego, against the Company's subsidiary,
alleging sales of cigarettes to minors, deceptive failure to file Jenkins Act
reports and inform California consumers that they are required to pay sales
taxes to California. Based on these factual assertions, the suit's three counts
allege false or misleading advertising under California Business and Profession
Code 17500: failure to notify California purchasers of their obligations under
California Revenue and Business and Professions Code 17200. The suit seeks
injunctive relief and assessment of civil penalties of $2,500 for each
violation, amounting to no less than $100,000, plus costs and attorneys' fees.

On April 1, 2003, the State of Washington filed a civil action in the State of
Washington, King County Superior Court against the Company's subsidiary alleging
sales of cigarettes to minors, deceptive failure to file Jenkins Act reports and
inform Washington consumers that they are required to pay sales taxes to the
Sate of Washington. Based on the factual assertions, the suit's four counts
allege unfair business practice, unfair method of compensation and
misrepresentation. The suit seeks injunctive relief restraining Cyco.net, Inc.
from continuing to engage in unlawful conduct, restitution to consumers and
civil penalties of up to $2,000 per violation, plus attorneys' fees and costs.

On April 1, 2003, the State of Oregon filed a civil action in the State of
Oregon, Marion County against the Company's subsidiary alleging the sale of one
carton of cigarettes to a minor using her mother's name and credit card, in
violation of State Unlawful Trade Practices Act. The suit seeks to enjoin the
Company from doing business in Oregon, $25,000 and attorney's fees.

In all four cases, the Company intends to contest the allegations and believes
it has meritorious defenses in each case. Outside counsel for the Company has
advised that at this stage in the proceedings they cannot offer an opinion as to
the probable outcome of the cases.

(7) SUBSEQUENT EVENT

On April 7, 2003 the Company issued 1,219,512 shares of common stock under an
Equity Line of Credit. Net proceeds from the sale of stock were $4,350.

                                 CYCO. NET, INC.
           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                            AND RESULTS OF OPERATIONS

RESULTS OF OPERATIONS

THREE MONTHS ENDED MARCH 31, 2003 COMPARED WITH THE THREE MONTHS ENDED MARCH 31,
2002

Revenues for the three months ended March 31, 2003 were $1,481,291 as compared
to $1,056,854 in the same period last year. The increase of approximately 40.2%
was primarily due to the result of two factors; the first was an increase in the
number of customers visiting its websites and the second was an increase in the
number of purchases by customers visiting our websites. Cyco.net attributes
these increases to several factors, including an increased comfort level
experienced by customers with purchases over the Internet in general, Cyco.net
in particular, and Cyco.net's reputation for competitive pricing and on-time
delivery.

Cost of goods sold were $1,361,960 for the three months ended March 31, 2003, as
compared to $974,511 for the three months ended March 31, 2002. There was no
change in the cost of goods sold, expressed as a percentage of revenues.

General and administrative expenses for the first quarter ended March 31, 2003
were $112,541 as compared to $93,527 for the same period last year. The increase
of approximately $19,014 was primarily due to an increase in professional fees
for Internet maintenance of $7,500, an increase in payroll expense of $2,552 due
to the addition of one employee and an increase of $8,962 in expenses such as
travel, utilities and telephone expenses. During the three months ended March
31, 2003, the major components of general and administrative expenses were
approximately $5,200 in advertising, $54,973 in payroll expenses, $22,003 in
professional fees, $6,346 in rent, and $6,322 in amortization and depreciation.

                                        6
<PAGE>
The Company had net income for the three months ended March 31, 2003 of $5,428
compared to a net loss of $11,382 for the same period last year. The improvement
is due primarily to an increase in sales of discounted cigarette brands that
have higher profit margins and to the over-all increase in sales volume.

FINANCIAL RESOURCES AND LIQUIDITY

 As of March 31, 2003, Cyco.net had a bank overdraft of $7,530. Due to the
pending lawsuits filed against the Company, additional cash will be needed to
defend the Company's position. At this point, the Company has covered the
additional legal costs out of its current operations. Should the legal costs
become greater than can be covered by the Company's current operations, and the
Equity Line of Credit cannot be drawn down upon due to the low market price of
our common stock, the Company will be forced to stop doing business in those
States that have lawsuits pending against the Company. This may cause a decrease
in the Company's revenues and threaten the Company's ability to continue as a
going concern.

 In the years ended December 31, 2002 and 2001, Cyco.net was able to meet its
cash needs solely through the sale of cigarettes. Cyco.net expects to experience
an increase in its product sales that will be sufficient to meet its current
operating expenses. However, Cyco.net will need to raise additional capital to
finance growth, including locating new facilities to ship product. Such capital
is expected to come from the sale of securities, including the sale of common
stock under the Equity Line of Credit if the market price for our common stock
increases. Other than the Equity Line of Credit, Cyco.net does not have any
commitments for financing.

Pursuant to the Equity Line of Credit, Cyco.net may, at its discretion through
July 22, 2004, periodically issue and sell up to 40,000,000 shares of common
stock for a total purchase price of $5.0 million. If Cyco.net requests an
advance under the Equity Line of Credit, Cornell Capital Partners, L.P. will
purchase shares of common stock for 82% of the lowest closing bid price on the
Over-the-Counter Bulletin Board or other principal market on which our common
stock is traded for the 5 days immediately following the notice date. Cornell
Capital Partners, L.P. intends to sell any shares purchased under the Equity
Line of Credit at the market price. On March 4, 2003, Cyco.net requested a draw
on the Equity Line of Credit. On April 7, 2003, a total 1,219,512 shares of
Cyco.net common shares were sold under the Equity Line of Credit. The Company
received net proceeds on this sale of $4,350.

FORWARD-LOOKING STATEMENTS

Information included or incorporated by reference in this filing may contain
forward-looking statements. This information may involve known and unknown
risks, uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from the future results,
performance or achievements expressed or implied by any forward-looking
statements. Forward-looking statements, which involve assumptions and describe
our future plans, strategies and expectations, are generally identifiable by use
of the words "may", "will", "should", "expect", "anticipate", "estimate",
"believe", "intend", or "project", or the negative of these words or other
variations on these words or comparable terminology.

This filing contains forward-looking statements, including statements regarding,
among other things, (a) our projected sales and profitability, (b) our growth
strategies, (c) anticipated trends in our industry, (d) our future financing
plans and (e) our anticipated needs for working capital. These statements may be
found under "Management's Discussion and Analysis or Plan of Operations" and
"Business", as well as in this filing generally. Actual events or results may
differ materially from those discussed in forward-looking statements as a result
of various factors, including, without limitation, the risks outlined under
"Risk Factors" and matters described in this filing generally. In light of these
risks and uncertainties, there can be no assurance that the forward-looking
statements contained in this filing will in fact occur.

                                     PART II

ITEM 1. LEGAL PROCEEDINGS

On January 28, 2003, the Company's subsidiary Cyco.net, Inc. was named in a
civil action filed in the United States District Court Southern District of New
York by the City of New York as one of approximately a dozen defendants who
engaged in the business of internet on-line cigarette sales. The suite alleges
that Cyco.net, Inc. failed to report the names and addresses of its customers to
taxing authorities. The extent of the City's damages are to be determined at
trial.

                                        7
<PAGE>
On April 1, 2003, the State of California filed a civil action in the Superior
Court of California, County of San Diego, against the Company's subsidiary
Cyco.net, Inc, alleging sales of cigarettes to minors, deceptive failure to file
Jenkins Act reports and inform California consumers that they are required to
pay sales taxes to California Based on these factual assertions, the suit's
three counts allege false or misleading advertising under California Business
and Profession Code 17500: failure to notify California purchasers of their
obligations under California Revenue and Business and Professions Code 17200.
The suit seeks injunctive relief and assessment of civil penalties of $2,500 for
each violation , amounting to no less than $100,000, plus costs and attorneys'
fees.

On April 1, 2003, the State of Washington filed a civil action in the State of
Washington, King County Superior Court against the Company's subsidiary
Cyco.net, Inc. alleging sales of cigarettes to minors, deceptive failure to file
Jenkins Act reports and inform Washington consumers that they are required to
pay sales taxes to the Sate of Washington. Based on the factual assertions, the
suit's four counts allege unfair business practice, unfair method of
compensation and misrepresentation. The suit seeks injunctive relief restraining
Cyco.net, Inc. from continuing to engage in unlawful conduct, restitution to
consumers and civil penalties of up to $2,000 per violation, plus attorneys'
fees and costs.

On April 1, 2003, the State of Oregon filed a civil action in the State of
Oregon, Marion County against the Company's subsidiary Cyco.net, Inc. alleging
the sale of one carton of cigarettes to a minor using her mother's name and
credit card, in violation of State Unlawful Trade Practices Act. The suit seeks
to enjoin Cyco.net, Inc. from doing business in Oregon, $25,000 and attorney's
fees.

In all four cases, the Company intends to contest the allegations and believes
it has meritorious defenses in each case. Outside counsel for the Company has
been hired and has advised the Company that at this stage in the proceedings
they cannot offer an opinion as to the probable outcome of the cases.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

On March 4, 2003, Cyco.net requested a draw on the Equity Line of Credit. On
April 7, 2003, a total 1,219,512 shares of Cyco.net common shares were sold
under the Equity Line of Credit. The Company received net proceeds on this sale
of $4,350.

ITEM 3. CONTROLS AND PROCEDURES

(a) EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES:

Within 90 days prior to the date of this Report, we carried out an evaluation,
under the supervision and with the participation of our Chief Executive Officer
and Chief Financial Officer, of the effectiveness of the design and operation of
our disclosure controls and procedures. Based on this evaluation, our Chief
Executive Officer and Chief Financial Officer concluded that our disclosure
controls and procedures are effective in timely alerting them to material
information required to be included in our periodic reports that are filed with
the Securities and Exchange Commission. It should be noted that the design of
any system of controls is based in part upon certain assumptions about the
likelihood of future events, and there can be no assurance that any design will
succeed in achieving its stated goals under all potential future conditions,
regardless of how remote. In addition, we reviewed our internal controls, and
there have been no significant changes in our internal controls or in other
factors that could significantly affect those controls subsequent to the date of
their last valuation.

(b) CHANGES IN INTERNAL CONTROLS:

There were no significant changes in the Company's internal controls or in other
factors that could significantly affect these controls during the period covered
by this report or from the end of the reporting period to the date of this Form
10-QSB.

ITEM 4. DEFAULTS UPON SENIOR SECURITIES

     None

ITEM 5. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

     None

ITEM 6. OTHER INFORMATION

     None

                                       8
<PAGE>
ITEM 7. EXHIBITS AND REPORTS ON FORM 8-K

(A) EXHIBITS

<TABLE>
<CAPTION>
EXHIBIT NO.     DESCRIPTION                                   LOCATION
-----------     -----------                                   --------
<S>             <C>                                           <C>
2.1             Acquisition Agreement between Ave and DMI     Incorporated by reference to Exhibit 2.1 to
                                                              the Company's Annual Report on Form 10-KSB
                                                              as filed with the Securities and Exchange
                                                              Commission on April 16, 2002

2.2             Letter of Intent between Ave and Cyco.net     Incorporated by reference to Exhibit 2.2 to
                dated July 9, 1999                            the Company's Annual Report on Form 10-KSB as
                                                              filed with the Securities and Exchange
                                                              Commission on April 16, 2002

4.1             Stock Specimen                                Incorporated by reference to Exhibit 2.4 to
                                                              the Company's Annual Report on Form 10-KSB
                                                              as filed with the Securities and Exchange
                                                              Commission on April 16, 2002

3.1             Certificate of Amendment to Change name       Incorporated by reference to Exhibit 2.7 to
                to Ave, Inc. dated 5/7/90                     the Company's Annual Report on Form 10-KSB as
                                                              filed with the Securities and Exchange
                                                              Commission on April 16, 2002

3.2             Certificate of Agreement of Merger of         Incorporated by reference to Exhibit 2.8 to
                DeLuxe Onyx Company dated January 23, 1987    the Company's Annual Report on Form 10-KSB as
                                                              filed with the Securities and Exchange
                                                              Commission on April 16, 2002

3.3             Certificate and Agreement of Merger of        Incorporated by reference to Exhibit 2.9 to
                DeLuxe dated 1/23/87                          the Company's Annual Report on Form 10-KSB as
                                                              filed with the Securities and Exchange
                                                              Commission on April 16, 2002

3.4             Certificate Amending Certificate of           Incorporated by reference to Exhibit 2.10 to
                Incorporation dated January 23, 1987          the Company's Annual Report on Form 10-KSB as
                                                              filed with the Securities and Exchange
                                                              Commission on April 16, 2002

3.5             Ave, Inc. By Laws                             Incorporated by reference to Exhibit 3.0
                                                              to the Company's Annual Report on Form
                                                              10-KSB as filed with the Securities and
                                                              Exchange Commission on April 16, 2002

3.6             Articles in Incorporation of Cyco.net, Inc.   Incorporated by reference to Exhibit 21.1 to
                the Wholly Owned Subsidiary Cyco.net, Inc.    the Company's Annual Report on Form 10-KSB as
                (formerly Ave, Inc.)                          filed with the Securities and Exchange
                                                              Commission on April 16, 2002

3.7             Certificate of Amendment to Articles of       Incorporated by reference to Exhibit 21.2 to
                Cyco.net, Inc. to change name from Ave,       the Company's Annual Report on Form 10-KSB as
                Inc. to Cyco.net, Inc.                        filed with the Securities and Exchange
                                                              Commission on April 16, 2002

3.8             Certificate of Amendment of Cyco.net, Inc.    Incorporated by reference to Exhibit 21.3 to
                                                              the Company's Annual Report on Form 10-KSB as
                                                              filed with the Securities and Exchange
                                                              Commission on April 16, 2002
</TABLE>

                                        9
<PAGE>
<TABLE>
<CAPTION>
<S>             <C>                                           <C>
3.9             By-Laws of Cyco.net, Inc.                     Incorporated by reference to Exhibit 21.5 to
                                                              the Company's Annual Report on Form 10-KSB
                                                              as filed with the Securities and Exchange
                                                              Commission on April 16, 2002

3.10            Articles of Amendment and Restatement to      Incorporated by reference to Exhibit 3.10 to
                Articles of Incorporation of AVE, Inc.        Cyco.net's Registration Statement on Form SB-2
                                                              filed with the Securities and Exchange
                                                              Commission on September 13, 2002

3.11            Certificate of Amendment to Articles of       Incorporated by reference to Exhibit 3.11 to
                Incorporation of Cyco.net, Inc. filed with    Cyco.net's Registration Statement on Form SB-2
                Nevada Secretary of State on August 9, 2002   filed with the Securities and Exchange
                                                              Commission on September 13, 2002

10.1            Line of Credit Agreement dated August 9,      Incorporated by reference to Exhibit 10.0 to
                1999                                          the Company's Annual Report on Form 10-KSB
                                                              as filed with the Securities and Exchange
                                                              Commission on April 16, 2002

10.2            Amendment to Line of Credit Agreement dated   Incorporated by reference to Exhibit 10.1 to
                August 9, 1999                                the Company's Annual Report on Form 10-KSB as
                                                              filed with the Securities and Exchange
                                                              Commission on April 16, 2002

10.3            Promissory note from Cyco.net, Inc. to        Incorporated by reference to Exhibit 99 to the
                Francisco Urrea, Jr.                          Company's Annual Report on Form 10-KSB as
                                                              filed with the Securities and Exchange
                                                              Commission on April 16, 2002

10.4            May Davis Extension Agreement                 Incorporated by reference to Exhibit 99 to
                                                              the Company's Quarterly Report on Form 10-QSB
                                                              filed with the Securities and Exchange
                                                              Commission on January 4, 2002

10.5            R. Gene Klawetter Letter of Resignation       Incorporated by reference to Exhibit 99.2 to
                                                              the Company's 8-K filed with the Securities
                                                              and Exchange Commission on August 22, 2000

10.6            Lease Agreement                               Incorporated by reference to Exhibit 99.3 to
                                                              the Company's 8-K filed with the Securities
                                                              and Exchange Commission on August 22, 2000

10.7            Equity Line of Credit Agreement dated as      Incorporated by reference to Exhibit 10.7 to
                of August 2002 between Cyco.net and Cornell   the Company's Annual Report on Form 10-KSB as
                Capital Partners, L.P.                        filed with the Securities and Exchange
                                                              Commission on November 13, 2002

10.8            Warrant dated as of August 2002 given by      Incorporated by reference to Exhibit 10.8 to
                Cyco.net to Cornell Capital Partners, L.P.    the Company's Annual Report on Form 10-KSB as
                                                              filed with the Securities and Exchange
                                                              Commission on November 13, 2002

10.9            Registration Rights Agreement dated August    Incorporated by reference to Exhibit 10.9 to
                2002 between Cyco.net and Cornell Capital     the Company's Annual Report on Form 10-KSB as
                Partners, L.P.                                filed with the Securities and Exchange
                                                              Commission on November 13, 2002
</TABLE>

                                                           10
<PAGE>
<TABLE>
<CAPTION>
<S>             <C>                                           <C>
10.10           Escrow Agreement dated as of August 2002      Incorporated by reference to Exhibit 10.10 to
                among Cyco.net, Cornell Capital Partners,     the Company's Annual Report on Form 10-KSB as
                L.P., Butler Gonzalez LLP and First Union     filed with the Securities and Exchange
                National Bank                                 Commission on November 13, 2002

99.1            Certification of Financial Statements in accordance
                with Sarbanes-Oxley Act.
</TABLE>

b)   A Form 8-K was filed under the Securities Exchange Act of 1934 on January
     30, 2003. The subject of the 8-K was the lawsuit filed against the Company
     by the City of New York.

                                       11
<PAGE>
SIGNATURES

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

CYCO.NET, INC.


By: /s/ Richard A. Urrea                May 13, 2003
    --------------------------
    Richard A. Urrea
    President


By: /s/ Daniel Urrea                    May 13, 2003
    --------------------------
    Daniel Urrea
    Chief Financial Officer
    (Principal Accounting Officer)

                                       12
<PAGE>
                                  CERTIFICATION

I, Richard A. Urrea certify that:

1.   I have reviewed this quarterly report on Form 10-QSB of Cyco.net, Inc.

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 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 based 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 13, 2002

By: /s/ Richard A. Urrea
    ---------------------------
    Richard A. Urrea
    Chief Executive Officer

                                       13
<PAGE>
                                  CERTIFICATION

I, Daniel Urrea certify that:

1.   I have reviewed this quarterly report on Form 10-QSB of Cyco.net, Inc.

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 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 based 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 13, 2002

By: /s/ Daniel Urrea
    -----------------------------
    Daniel Urrea
    Chief Financial Officer

                                       14