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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB
(Mark One)

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

                         For the quarterly period ended
                                 March 31, 2002

                                       OR

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

                        Commission file number 000-32253


                                 ENTERNET, INC.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

            Nevada                                           86-0650264
-------------------------------                          -------------------
(State or other jurisdiction of                           (I.R.S. Employer
incorporation or organization)                           Identification No.)

                                14746 N. 78th Way
                             Phoenix, Arizona 85260
                ------------------------------------------------
               (Address of principal executive offices (zip code)

                                 (602) 330-3981
               --------------------------------------------------
              (Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) filed all reports  required to
be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during
the last 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.  Yes [X]  No [ ]

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common equity, as of the latest practicable date.

              Class                              Outstanding at March 31, 2002
------------------------------                   -----------------------------
Common Stock, par value $0.001                              11,200,000

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                                       10
<PAGE>
                         PART I -- FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENT

                                 ENTERNET, INC.
                                  BALANCE SHEET
                          (A DEVELOPMENT STAGE COMPANY)
                                 MARCH 31, 2002
                                   (UNAUDITED)


                                     ASSETS
Cash                                                                $         0
                                                                    -----------
Total current assets                                                          0

Intangible Assets, net                                                  977,236
                                                                    -----------

       Total assets                                                 $   977,236
                                                                    ===========

                                   LIABILITIES

Accounts payable                                                    $   285,464
Note payable - Note 4                                                   766,000
                                                                    -----------
       Total Current Liabilities                                      1,051,464

                              STOCKHOLDERS' DEFICIT

Preferred stock, $.001 par value, 5,000,000 shares
 authorized, none issued
Common stock, $.001 par value, 45,000,000 shares
 authorized, 11,200,000 issued and outstanding                           11,200
Additional paid-in capital                                              397,471
(Deficit) accumulated during the development stage                     (482,899)
                                                                    -----------

       Total stockholders' deficit                                      (74,288)
                                                                    -----------

       Total liabilities and stockholders' deficit                  $   977,236
                                                                    ===========

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                       1
<PAGE>
                                 ENTERNET, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                             CUMULATIVE FROM
                                                                             MARCH 16, 2000
                                           THREE MONTHS ENDED MARCH 31,      (INCEPTION) TO
                                             2002               2001         MARCH 31, 2002
                                         ------------       ------------     --------------
<S>                                      <C>                <C>               <C>
EXPENSES
General & administrative                 $    177,352       $      8,023      $    386,445
Amortization expense                           13,764                  0            13,764
Interest expense                               82,690                  0            82,690
                                         ------------       ------------      ------------
   Total Expenses                             273,806              8,023           482,899

NET (LOSS)                               $   (273,806)      $     (8,023)     $   (482,899)
                                         ============       ============      ============
NET LOSS PER SHARE:
  Basic                                  $      (0.03)      $      (0.00)
                                         ============       ============
  Diluted                                $      (0.03)      $      (0.00)
                                         ============       ============
WEIGHTED AVERAGE SHARES OUTSTANDING:
  Basic                                    10,649,000          8,722,000
                                         ============       ============
  Diluted                                  10,649,000          8,722,000
                                         ============       ============
</TABLE>

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                       2
<PAGE>
                                 ENTERNET, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                             STATEMENTS OF CASH FLOW
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                                            CUMULATIVE FROM
                                                                                            MARCH 16, 2000
                                                           THREE MONTHS ENDED MARCH 31,     (INCEPTION) TO
                                                              2002             2001          MARCH 31,2002
                                                           ---------         ---------       -------------
<S>                                                        <C>               <C>               <C>
OPERATING ACTIVITIES
  Net (loss) income for the period                         $(273,806)        $  (8,023)        $(482,899)
   Adjustments to reconcile net cash used by operations:
     Amortization                                             13,764                 0            13,764
     Common stock issued for services                         45,000                 0            45,000
     Common stock issued for interest expense                 45,000                 0            45,000
     Increase (decrease) in deferred offering costs                0            11,329                 0
     Increase (decrease) in accounts payable                 170,042           (10,094)          285,464
                                                           ---------         ---------         ---------
         Net Cash (used) by operating activities                   0            (6,788)          (93,671)

FINANCING ACTIVITIES
  Proceeds from shares issued for cash                             0            88,671            93,671
                                                           ---------         ---------         ---------
         Cash provided from financing activities                   0            88,671            93,671

INVESTING ACTIVITIES
         Cash flows from investing activities                      0                 0                 0
                                                           ---------         ---------         ---------

Increase in cash                                                   0            81,883                 0
Cash at beginning of period                                        0               818                 0
                                                           ---------         ---------         ---------
Cash at end of period                                      $       0         $  82,701         $       0
                                                           =========         =========         =========
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING
AND FINANCING ACTIVITIES
  Issuance of common stock for Court Manager Suite         $ 225,000                           $ 225,000

  Issuance of note for Court Manager Suite                 $ 766,000                           $ 766,000
</TABLE>

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                       3
<PAGE>
                                 ENTERNET, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                         For the Quarters ended and the
                   Three months ended March 31, 2002 and 2001

The  unaudited  financial  statements  included  herein were  prepared  from the
records  of  the  Company  in  accordance  with  Generally  Accepted  Accounting
Principles of the United States of America.  These financial  statements reflect
all adjustments (consisting of normal recurring items) which are, in the opinion
of  management,  necessary  to  provide  a  fair  statement  of the  results  of
operations  and  financial  position  for the interim  periods.  Such  financial
statements  generally  conform to the  presentation  reflected in the  Company's
Form10-KSB filed with the Securities and Exchange  Commission for the year ended
December 31, 2001. The current  interim period reported herein should be read in
conjunction  with the Company's Form 10-KSB subject to independent  audit at the
end of the year.

The  results of  operations  for the three  months  ended March 31, 2002 are not
necessarily  indicative  of the results that may be expected for the year ending
December 31, 2001.

Note 1 - Organization and Summary of Significant Accounting Policies

Organization

The  Company  was  organized  under the laws of the State of Nevada on March 16,
2000 for the  purpose  of  marketing  wholesale  vitamin  products  through  the
Internet.  During  March  2002,  the Company  terminated  its  involvement  with
marketing  vitamins and such related projects by canceling its license agreement
with VitaMineralHerb.com. The Company has changed its business to providing case
management   software  for  specialty  courts.   The  Company  is  considered  a
development stage company as defined in SFAS 7.

Amortization

The Company amortizes its Court Manager Suite software on a straight line method
over three years.

Note 2 - Intangible Assets

On March  10,  2002,  the  company  completed  the  successful  transfer  of the
intellectual  property  from  iCyberData  which  included ID Net which is an ASP
service and the Court Manager Suite (CMS) of products. The consideration for the
transaction  was 500,000  shares of the common  stock of the company at a deemed
value of $225,000 restricted pursuant to Rule 144 of the Securities Act and cash
payments in the amount of $786,000  payable in six (6) monthly payments with the
final payment due in July 2002. Based on an annual imputed interest rate of 10%,
the Company  has  recorded a note  payable of  $766,000.  Contingent  additional
consideration  of an  additional  500,000  shares  of the  common  stock  of the
registrant,  restricted  pursuant to Rule 144 of the  Securities  Act,  shall be
remitted  to the Seller in 100,000  share  increments  for each  $10,000,000  in
revenues generated by the Intellectual  Property. The company and the seller are
currently   renegotiating   certain  provisions  of  the  original   acquisition
agreement.

The acquisition cost of the  intellectual  property from iCyberData was $991,000
and is being  amortized on a straight line basis over three years.  At March 31,
2002, accumulated amortization was $13,764.

Note 3 - Note payable

The company owes a promissory  note for $766,000 due July 15, 2002. The original
agreement  requires a penalty of  approximately  100,000  restricted  shares per
month to be remitted if the  scheduled  payments are not made on time;  however,
the company is currently renegotiating the provision with the seller. During the
three months ended March 31, 2002,  the Company  issued 100,000 shares valued at
$45,000  and  accrued an  additional  $26,625  due to non  payment of  scheduled
payments.

                                       4
<PAGE>
Note 4 -Stockholders' Equity

During  the  first  quarter  of 2002,  the  company  issued  a total of  700,000
restricted common shares at a deemed value of $315,000.  The total was comprised
of 500,000 shares for the Court Manager Suite software,  100,000 shares for late
fees associated  with the promissory  note, and 100,000 shares for services at a
deemed value of $45,000.

Note 5 - Subsequent Events

On May 3, 2002 the majority of the shareholders  consented to change the name of
the company to Secured  Data,  Inc. and amend the Articles of  Incorporation  to
increase the  authorized  common shares by Fifty Five Million  55,000,000 to One
Hundred  Million  (100,000,000).  Also on that  date,  the  board  of  directors
resolved  that  the  shares  of the  company's  stock  be  forward  split  at an
additional two for every ten shares basis for  shareholders  of record as of May
31, 2002.

On May 15, 2002 the Board of  Directors  resolved to issue a total of  1,164,000
restricted  common shares at a value of $232,800 for services  performed through
April 30, 2002.  Approximately  $203,000 of the amount satisfied  payables as of
March 31, 2002.

                                       5
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

PLAN OF OPERATION

The  following  discussion  is intended to provide an analysis of the  Company's
financial condition and Plan of Operation and should be read in conjunction with
the Company's financial  statements and the notes thereto. The matters discussed
in this section that are not  historical or current  facts,  deal with potential
future circumstances and developments.  Such forward-looking statements include,
but are not  limited  to,  the  development  plans for the  technologies  of the
Company,  trends  in the  results  of  the  Company's  development,  anticipated
development  plans,  operating  expenses and the Company's  anticipated  capital
requirements  and capital  resources.  The Company's actual results could differ
materially from the results discussed in the forward-looking statements.

On March 10, 2002, the Company  entered into an Intellectual  Property  Purchase
Agreement to acquire nine case management  software systems and the ID Net which
is an ASP service.  The company acquired the  intellectual  property for 500,000
restricted  common  shares and a note  payable to the seller for  $766,000.  The
company is currently  renegotiating certain provisions of the agreement with the
seller  and  determining  the  amount of cash and terms  necessary  to prepare a
private  placement  under  Regulation D Rule 506. There can be no assurance that
the Company will be successful in completing  the private  placement and raising
the necessary funds.

On January 31 2002, the Company  engaged Oak Haven Financial  Corporation,  "Oak
Haven" to provide regular and customary  technological advice and issued 100,000
restricted  common shares  valued at $45,000 to compensate it for services.  Oak
Haven  referred a  marketing  expert to the  Company  that is willing to provide
marketing  services which would  ultimately  result in the generation of revenue
from the Court Manager software.

The marketing expert has initially  recommended the software be marketed through
Value Added Resellers  "VAR's".  The Court Manager Suite product is estimated to
sell for $25,000 per court.  The sales are anticipated to be primarily driven by
VAR's. Approximately 40% cost of product sales would be required in order to pay
the  VAR's to sell the  product,  service,  support  and  train the users of the
product on site.  During the next  twelve  months,  Management  will  attempt to
successfully market the software program in Florida to target the specialty Drug
Court  market.  The use of the software in any trial phase will not generate any
revenues.

Additional   revenue  with  associated  costs  are  anticipated  to  occur  from
customization  and  integration of software  programs for the Specialty  Courts.
Support,  Hosting and  Security  costs will be  required as an integral  cost to
administer the software.

On May 6, 2002 the  company  announced  that the  majority  of the  shareholders
consented to change the name of the company to Secured Data,  Inc. and amend the
Articles of Incorporation to increase the authorized common shares by Fifty Five
Million 55,000,000 to One Hundred Million (100,000,000).  It also disclosed that
the  board of  directors  resolved  that the  shares of the  company's  stock be
forward split at an additional  two for every ten shares basis for  shareholders
of record as of May 31, 2002.

This report contains  forward-looking  statements  within the meaning of Section
27A of the  Securities Act of 1933, and Section 21E of the Exchange Act of 1934.
Although  the  Company   believes  that  the   expectations   reflected  in  the
forward-looking  statements and the assumptions  upon which the  forward-looking
statements  are  based  are  reasonable,  it can  give no  assurance  that  such
expectations and assumptions will prove to be correct.

                                       6
<PAGE>
                          PART II -- OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

There are no legal proceedings against the Company and the Company is unaware of
any proceedings contemplated against it.

ITEM 2. CHANGES IN SECURITIES

1) On March 12, 2002, the Company issued 100,000 restricted shares of its common
stock to a software  marketing  consultant in  consideration  for  technological
advise  pertaining  to the Court Manager  Suite.  The deemed value of the shares
issued was $45,000  which was  determined  based upon the  trading  value of the
Company's  common  stock  at the  time  of the  issuance  of the  stock  and the
agreement.  These shares were issued by the Company  pursuant to Section 4(2) of
the Securities Act of 1933.

2) On March 12, 2002, the Company issued 500,000 restricted shares of its common
stock to iCyberData in consideration for nine case management systems and an ASP
service  called ID Net. The deemed value of the shares issued was $225,000 which
was determined based upon the trading value of the Company's common stock at the
time of the issuance of the stock and the agreement. These shares were issued by
the Company pursuant to Section 4(2) of the Securities Act of 1933.

3) On March 12, 2002, the Company issued 100,000 restricted shares of its common
stock to  iCyberData  as a late fee for the month of February 2002 in accordance
with the  Intellectual  Property  Purchase  Agreement.  The deemed  value of the
shares issued was $45,000 which was  determined  based upon the trading value of
the  Company's  common  stock at the time of the  issuance  of the stock and the
agreement has been recorded as interest expense. These shares were issued by the
Company pursuant to Section 4(2) of the Securities Act of 1933.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

Not applicable.

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

Not applicable.

ITEM 5. OTHER INFORMATION

Not applicable.

                                       7
<PAGE>
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits

     NONE

(b) Reports on Form 8-K

     During  the  quarter  ended  March 31,  2002 and  through  the date of this
filing, the Company filed two Form 8-K reports.

     The first report was filed on March 26, 2002 and is incorporated  herein by
reference.  The report disclosed that the acquisition of the Court Manager Suite
of software programs and ID Net which is an ASP service.

     The second  report was filed on May 6, 2002 and is  incorporated  herein by
reference.  The report disclosed that the majority of the shareholders consented
to change the name of the company to Secured  Data,  Inc. and amend the Articles
of Incorporation to increase the authorized  common shares by Fifty Five Million
55,000,000 to One Hundred  Million  (100,000,000).  It also  disclosed  that the
board of directors  resolved that the shares of the  company's  stock be forward
split at an additional two for every ten shares basis for shareholders of record
as of May 31, 2002.

                                       8
<PAGE>
                                   SIGNATURES

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

                                        EnterNet, Inc.


Date May 21, 2002                       By: /s/ Craig Robson
                                           ---------------------------------
                                           President

                                       9