SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 10-Q


     |X|  QUARTERLY   REPORT   PURSUANT   TO   SECTION   13  OR   15(d)  OF  THE
          SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended January 31, 2004

                                       OR

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


                         Commission file number 0-26715

                            ROANOKE TECHNOLOGY CORP.
             (Exact name of registrant as specified in its charter)

       Florida                                                 22-3558993
(State or other jurisdiction of                           (I.R.S. Employer
incorporation or organization)                             Identification No.)

             2720 N. Wesleyan Blvd., Rocky Mount, North Carolina  27804
                 (Address of principal executive offices)      (Zip Code)

                                 (252) 428-0200
              (Registrant's telephone number, including area code)

             539 Becker Drive, Roanoke Rapids, North Carolina 27870
              (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 the Securities Exchange Act of 1934 during
the preceding 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 |_|

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: As of March 18, 2004, we had
1,301,024,239 shares of common stock outstanding, $0.0001 par value.



<PAGE>


ROANOKE TECHNOLOGY CORP.

PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements:
         ---------------------

BASIS OF PRESENTATION

The accompanying unaudited financial statements are presented in accordance with
generally accepted accounting principles for interim financial information and
the instructions to Form 10-Q. Accordingly, they do not include all of the
information and footnotes required by generally accepted accounting principles
for complete financial statements. The accompanying statements should be read in
conjunction with the audited financial statements for the year ended October 31,
2002. In the opinion of management, all adjustments (consisting only of normal
occurring accruals) considered necessary in order to make the financial
statements not misleading, have been included. Operating results for the nine
months ended July 31, 2003 are not necessarily indicative of results that may be
expected for the year ending October 31, 2003. The financial statements are
presented on the accrual basis.

FINANCIAL STATEMENTS AND EXHIBITS.
----------------------------------

FINANCIAL STATEMENTS

For the information required by this Item, refer to the Index to Financial
Statements appearing on page F-1 of the registration statement.


                         ROANOKE TECHNOLOGY CORPORATION
             Financial Statements Table of Contents

FINANCIAL STATEMENTS                             Page #


     Balance Sheets                              1 - 2
     As of January 31, 2004 and
     October 31, 2003

     Statements of Operations                    3
     For the Three Months Ended
     January 31, 2004 and 2003

     Statement of Stockholders' Equity           4 - 5
     As of January 31, 2004

     Statements of Cash Flow                     6
     For the Three Months Ended
     January 31, 2004 and 2003

     Notes to the Financial Statements           7 - 12
















<PAGE>



                         ROANOKE TECHNOLOGY CORPORATION
                                 AND SUBSIDIARY
                                 BALANCE SHEETS
                   As of January 31, 2004 and October 31, 2003

                                     ASSETS

<TABLE>
<CAPTION>
                                              2004                       2003
                                          ------------               ------------
CURRENT ASSETS
<S>                                       <C>                        <C>
  Cash                                    $    19,605                $    18,306
  Accounts receivable                          15,159                          0
  Less: allowance for doubtful accounts             0                          0
  Employee advances                             1,260                          0
                                          ------------               ------------
     Total Current Assets                      36,024                     18,306

PROPERTY AND EQUIPMENT

   Equipment and leasehold improvements       622,757                    599,213
   Less: accumulated depreciation            (295,210)                  (279,096)
                                          ------------               ------------

      Total Property and Equipment            327,547                    320,117

OTHER ASSETS

   Deposits                                     7,250                      5,250
                                          ------------               ------------
      Total Other Assets                        7,250                      5,250

           TOTAL ASSETS                   $   370,821               $    343,673
                                          ============               ============

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

   Accounts payable and accrued expenses  $   313,017               $    322,411
   Payroll tax and penalty payable            817,696                    782,693
   Credit card payable                              0                          0
   Employee loan                                    0                      5,090
   Loan from officer                          133,500
   Current maturity of long-term debt         162,274                    164,421
                                          ------------               ------------
      Total current liabilities             1,426,487                  1,274,615

LONG TERM LIABILITIES

   Long term debt                             261,432                    270,807
   Debenture bond principal                   393,003                    393,003
   Less: current portion                     (162,274)                  (164,421)
                                          ------------               ------------
     Total long term liabilities              492,161                    499,389
                                          ------------               ------------
       TOTAL LIABILITIES                    1,918,648                  1,774,004


STOCKHOLDERS' EQUITY

   Common stock - $.0001 par value;
    5,000,000,000 shares authorized;
    794,151,286 and 494,151,286 issued
    and outstanding, respectively              79,415                     49,415
   Additional paid-in capital              10,255,939                  8,635,939
   Allowance for long-term
     Stock compensation                    (1,237,500)                         0
   Retained earnings                      (10,645,683)               (10,115,685)
                                          ------------               ------------
       TOTAL STOCKHOLDERS' EQUITY          (1,547,829)                (1,430,331)
                                          ------------               ------------

       TOTAL LIABILITIES AND EQUITY       $   370,821               $    343,673
                                          ============               ============
</TABLE>

<PAGE>
                         ROANOKE TECHNOLOGY CORPORATION
                                 AND SUBSIDIARY
                            STATEMENTS OF OPERATIONS
              For the Three Months Ended October 31, 2004 and 2003
<TABLE>
<CAPTION>

                                              2004                       2003
                                          ------------               ------------
REVENUE
<S>                                       <C>                       <C>
  Sales                                   $   236,503               $    393,941
  Cost of sales                              (169,686)                  (300,946)
                                          ------------               ------------
GROSS PROFIT                                   66,817                     92,995

GENERAL & ADMINISTRATIVE EXPENSES            (538,560)                  (260,719)
RESEARCH & DEVELOPMENT                        (39,290)                   (49,423)
                                          ------------               ------------
INCOME (LOSS) FROM OPERATION                 (511,033)                  (217,147)

OTHER INCOME AND (EXPENSE)

   Interest - net                             (18,965)                   (14,414)
                                          ------------               ------------
   Total Other                                (18,965)                   (14,414)
                                          ------------               ------------

NET INCOME (LOSS)                         $  (529,998)              $   (231,561)
                                          ============               ============

NET EARNINGS PER SHARE

   Basic Net loss per share                        (*)                        (*)
   Fully diluted Net Loss per share                (*)                        (*)

* Less than (.01) per share

Basic Weighted Average
  Number of Common Shares Outstanding      769,151,286                73,708,295

</TABLE>




<PAGE>



                           ROANOKE TECHNOLOGY CORPORATION
                         STATEMENT OF STOCKHOLDERS' EQUITY
                               As of January 31, 2004
<TABLE>
<CAPTION>

                                                          ADDITIONAL
                                    COMMON STOCK          PAID
                                 SHARES     AMOUNT        CAPITAL       ALLOWANCES         DEFICIT            TOTAL
                          ---------------------------------------------------------------------------------------------
<S>                            <C>          <C>         <C>            <C>            <C>                  <C>
Issuance for services          1,525,000    $   153     $    59,323    $         0    $           0        $  59,476
Acquisition                      500,000         50          19,450                                           19,500
First offering                   800,000         80          19,920                                           20,000
Second offering                1,000,000        100          49,900                                           50,000
Third offering                   880,000         88          87,912                                           88,000
Stock compensation             3,175,000        318         123,507                                          123,825
Net loss for the year                                                                      (305,545)        (305,545)
Balance at October 31, 1998    7,880,000    $   789     $   360,012    $         0    $    (305,545)       $  55,256
                          ---------------------------------------------------------------------------------------------

Third offering                 1,349,572        135         354,635                                          354,770
Issuance for consulting fees     250,000         25          24,975                                           25,000
Officer compensation             850,000         85       1,991,165                                        1,991,250
Asset acquisition                999,111         99         629,901                                          630,000
Stock issued for services          1,500                     11,813                                           11,813
Net loss for the year                                                                    (2,686,404)      (2,686,404)
                          ---------------------------------------------------------------------------------------------
Balance at October 31,1999    11,330,183    $ 1,133     $ 3,372,501    $         0    $  (2,991,949)      $  381,685

Officer compensation           1,500,000        150         899,850                                          900,000

Net loss for the year                                                                    (1,065,244)      (1,065,244)
                          ---------------------------------------------------------------------------------------------

Balance at October 31, 2000   12,830,183    $ 1,283     $ 4,272,351    $         0    $  (4,057,193)      $  216,441

Stock issued for cash          5,000,000        500          49,500                                           50,000

Reverse stock split          (11,854,443)    (1,185)          1,185                                                0

Stock issued for cash          3,000,000        300         174,700                                          175,000

Officer compensation           5,200,000        520         811,720                                          812,240

Stock issued for services      4,161,857        416         455,189                                          455,605


Stock issued to retire
 short-term note payable      20,000,000      2,000          18,000                                           20,000

Allowance for deferred
 stock compensation
 for services                                                             (205,199)

Net loss for the year                                                                    (1,879,379)      (1,879,379)
                          ---------------------------------------------------------------------------------------------

Balance at October 31, 2001   38,337,597    $ 3,834     $ 5,782,645    $  (205,199)    $ (5,936,572)      $ (355,292)
                          ---------------------------------------------------------------------------------------------

Stock issued for services     14,300,000      1,430         321,520                                          322,950

Stock issued in debenture
   bond conversion             4,321,460        432          46,741                                           47,173

Stock issued for
   Litigation settlement       2,100,000        210         156,790                                          157,000

Allowance for deferred
   stock compensation                                                       51,770                            51,770

Net Loss                                                                                  (1,550,334)     (1,550,334)
                          ---------------------------------------------------------------------------------------------

Balance at October 31, 2002   59,059,057      5,906       6,307,696       (153,429)       (7,486,906)     (1,326,733)

Stock issued in debenture
   bond conversion            85,501,001      8,550         302,890                                          311,440

Stock issued for services     78,000,000      7,800         425,200                                          433,000

Stock issued for Officer
   Compensation and bonus    271,591,228     27,159       1,600,153                                        1,627,312

Allowance for deferred
   Stock compensation                                                      153,429                           153,429

Net Loss                                                                                   (2,628,779)    (2,628,779)
                          ---------------------------------------------------------------------------------------------

Balance at October 31, 2003  494,151,286     49,415       8,635,939             (0)       (10,115,685)    (1,430,331)

Stock issued for services    300,000,000     30,000       1,620,000                                        1,650,000

Allowance for deferred
   Stock compensation                                                   (1,237,500)                       (1,237,500)

Net Loss                                                                                     (529,998)      (529,998)
                          ---------------------------------------------------------------------------------------------

Balance, January 31, 2004    794,151,286    $79,415     $10,255,939    $(1,512,500)      $(10,645,683)   $(1,547,829)
                           ============================================================================================
</TABLE>



<PAGE>

                         ROANOKE TECHNOLOGY CORPORATION
                                 AND SUBSIDIARY
                            STATEMENTS OF CASH FLOWS
              For the Three Months ending January 31, 2004 and 2003

<TABLE>
<CAPTION>
                                                         2004                   2003
                                                     ------------           ------------
CASH FLOWS FROM OPERATING ACTIVITIES
<S>                                                  <C>                    <C>
   Net income (loss)                                 $  (529,998)           $  (231,561)

   Adjustments to reconcile net income to net cash
    provided by  (used in) operating activities:

   Depreciation and amortization                          16,114                 16,607
   Compensation in the form of stock                     412,500                 78,000
  (Increase) decrease in accounts receivable             (15,159)                 7,024
  (Increase) decrease in employee advance & receivable    (1,260)                 2,030
  (Increase) decrease in prepaid expense                       0                  4,430
  (Increase) decrease in deposits                         (2,000)                     0
   Increase (decrease) in payables & accrued expenses    (21,280)               (53,227)
   Increase (decrease) in credit card payable                  0                 (7,804)
   Increase (decrease) in accrued interest and costs      11,887                107,386
   Increase (decrease) in employee loan                   (5,090)                     0
                                                     ------------           ------------
      Total adjustments to net income                    395,712                154,446
                                                     ------------           ------------

   Net cash flows from operations                       (134,286)               (77,115)

CASH FLOWS FROM INVESTING ACTIVITIES


   Capital expenditures on equipment                     (30,041)                     0
                                                     ------------           ------------
   Net cash flows from investing                               0                      0
                                                     ------------           ------------

CASH FLOWS FROM FINANCING ACTIVITIES

   Proceeds from debenture bond                                0                 88,000
   Cash received - officer loan                          175,000
   Payments of principal on note payable                  (9,374)                     0
                                                     ------------           ------------


<PAGE>



   Net cash flows from financing                         165,626                 88,000
                                                     ------------           ------------
CASH RECONCILIATION

   Net increase (decrease) in cash                         1,299                 10,885
   Cash at beginning of year                              18,306                 18,587
                                                     ------------           ------------
CASH BALANCE AT JANUARY 31, 2004 AND 2003            $    19,605               $ 29,472
                                                     ============           ============

</TABLE>


<PAGE>



           ROANOKE TECHNOLOGY CORPORATION
                   AND SUBSIDIARY

         NOTES TO THE FINANCIAL STATEMENTS

1. Summary of significant accounting policies:
   -------------------------------------------

Industry - Roanoke Technology Corporation (The Company)
--------
was incorporated December 11, 1997 as Suffield Technologies Corp., its original
name, under the laws of the State of Florida. The Company is headquartered in
Rocky Mount, North Carolina and does business as Top-10 Promotions, Inc. The
Company is engaged in the design, development, production, and marketing of
technology to provide enhanced internet marketing capabilities.

Revenue Recognition and Service Warranty - Revenues
----------------------------------------
resulting from technology consulting services are recognized as such services
are performed and paid. A deferred revenue account had been established in the
financial statements during 1999 to account for revenue and costs of revenue to
be recognized in the income statement at the end of the service agreement
period. During February of 2000 the service agreement was changed thus not
requiring a deferred revenue account. Services are most often paid for in
advance of the service being performed. The services performed are completed by
software programs leaving the time when a service is paid for and the time the
service is performed immaterial. The Company has no extended maintenance
contracts and warrants its consulting services to meet the consulting service
contract guarantee. No provision for estimated future costs relating warranties
have been made as these costs have been historically immaterial.

Cash and Cash Equivalents - The Company considers cash on
-------------------------
hand and amounts on deposit with financial institutions which have original
maturities of three months or less to be cash and cash equivalents.


Basis of Accounting- The Company's financial statements
-------------------
are prepared in accordance with generally accepted accounting principles. All
costs associated with software development and advancement are expensed as a
cost of sales through an ongoing research and development program.

Property and Equipment - Property and equipment are
----------------------
recorded at cost. Depreciation is computed using the straight-line method over
the estimated useful lives of the various classes of assets as follows:

     Machinery and equipment            2 to 10 years
     Furniture and fixtures             5 t0 10 years

Leasehold improvements are amortized on the straight-line basis over the lessor
of the life of the asset or the term of the lease. Maintenance and repairs, as
incurred, are charged to expenses; betterments and renewals are capitalized in
plant and equipment accounts. Cost and accumulated depreciation applicable to
items replaced or retired are eliminated from the related accounts; gain or loss
on the disposition thereof is included as income.

Long-lived Assets - Long lived assets, including property and
-----------------
equipment and certain intangible assets to be held and used by the Company are
reviewed for impairment whenever events or changes in circumstances indicate
that the carrying value of the assets may not be recoverable. Impairment losses
are recognized if expected future cash flows of the related assets are less than
their carrying values. Measurement of an impairment loss is based on the fair
value of the asset. Long-lived assets and certain identifiable intangibles to be
disposed of are reported at the lower of carrying amount or fair value less
costs to sell.

Intangibles - Intangibles principally include core
-----------
technology in the form of software programs and are amortized over their
estimated lives of primarily 3 to 5 years, existing Organization costs are
being amortized by the straight-line method over 5 years.


Research and Development - Research and development costs
------------------------
incurred in the discovery of new knowledge and the resulting translation of this
new knowledge into plans and designs for new services, prior to the attainment
of the related products' technological feasibility, are recorded as expenses in
the period incurred.

Income Taxes - The Company utilizes the asset and
------------
liability method to measure and record deferred income tax assets and
liabilities. Deferred tax assets and liabilities reflect the future income tax
effects of temporary differences between the financial statement carrying
amounts of existing assets and liabilities and their respective tax bases and
are measured using enacted tax rates that apply to taxable income in the years
in which those temporary differences are expected to be recovered or settled.
Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management, it is more likely than not that some portion or all of the deferred
tax assets will not be realized.

Fair Value of Financial Instruments - The Company's
-----------------------------------
financial instruments include cash and cash equivalents, short-term investments,
accounts receivable, accounts payable and liabilities to banks and shareholders.
The carrying amount of long-term debt to banks approximates fair value based on
interest rates that are currently available to The Company for issuance of debt
with similar terms and remaining maturities. The carrying amounts of other
financial instruments approximate their fair value because of short-term
maturities.

Earnings Per Share - Basic earnings per share ("EPS") is
------------------
computed by dividing earnings available to common shareholders by the
weighted-average number of common shares outstanding for the period as required
by the Financial Accounting Standards Board (FASB) under Statement of Financial
Accounting Standards (SFAS) No. 128, "Earnings per Shares". Diluted EPS reflects
the potential dilution of securities that could share in the earnings.

Concentrations of Risk - Financial instruments
----------------------
which potentially expose The Company to concentrations of credit risk consist
principally of operating demand deposit accounts. The Company's policy is to
place its operating demand deposit accounts with high credit quality financial
institutions.

No customer represented 10 % or more of The Company's total sales as of the
current reporting period.

The Company has a concentration of revenue dependancy on a limited number of
services.

Stock-Based Compensation - In accordance with the
------------------------
recommendations in SFAS No. 123, "Accounting for Stock-Based Compensation,"
("SFAS No. 123"), The Company's management has considered adopting this optional
standard for disclosure purposes, along with Accounting Principles Board opinion
no. 25. The Company may consider using full implementation of SFAS No. 123 at a
future date. The Company accounted for stock bonus' during the years ending
October 31, 2000 and 1999 of 1,500,00 shares and 850,000 shares of restricted
stock, respectively, given to the President of the company as compensation. The
bonus was accounted for in the periods in order to match the compensation
expense with the time in which it was earned. In accordance with the tax
accounting, the compensation will not be deductible until the President sells
those shares. The shares are restricted from sale for a period of two years from
the date of issuance and are accounted for at their fair value.

2. Going Concern Uncertainties:
   ---------------------------

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

The Company has suffered losses from operations and may require additional
capital to continue as a going concern as The Company develops its new markets.
Management believes The Company will continue as a going concern in its current
market and is actively marketing its services which would enable The Company to
meet its obligations and provide additional funds for continued new service
development. In addition, management is currently negotiating several additional
contracts for its services. Management is also embarking on other strategic
initiatives to expand its business opportunities. However, there can be no
assurance these activities will be successful. There is also uncertainty with
regard to managements projected revenue being in excess of its operating
expenditures for the fiscal year ending October 31, 2004.

Items of uncertainty include the Company's liabilities with regard to its
payroll tax liability in excess of $700,000 and its Small Business
Administration loan with a principal balance of $270,807 plus accrued interest.
The Company is currently in default of these liabilities and is in negotiations
regarding resolution of these matters. The outcome of these negotiations is
uncertain as of October 31, 2003. If the Company is not successful in these
negotiations or payment, there is substantial doubt as to the ability of the
Company to continue as a going concern.

On December 25, 2003 the Company negotiated an installment agreement with the
Internal Revenue Service with regard to its payroll tax liability. The agreement
calls for payments of $5,000 per month for 48 months with a balloon payment for
the balance owed at the end of that period. The Company's President, Dave Smith,
signed for personal liability of the Trust Fund portion in the amount of
$321,840 plus penalties and interest should the Company default on these
payments. Should the Company default on these payments and any other current tax
compliance, the Company'S property can be taken to satisfy the liability.

During the year ended October 31, 2003, the Company often remained current with
its monthly payment for its Small Business Administration loan. OF the $270,807
balance owed, the Company has a past due balance of $131,150. The lender holds
the Company's furniture and equipment as collateral for this loan.

3. Accounts Receivable and Customer Deposits:
   ------------------------------------------

Accounts receivable historically have been immaterial as The Company's policy is
to have the internet services provided paid for in advance. As of the balance
sheet date there were no deposits paid in advance.

4. Use of Estimates:
   -----------------

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
effect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.

5. Revenue and Cost Recognition:
   -----------------------------

The Company uses the accrual basis of accounting for financial statement
reporting. Revenues are recognized when services are performed and expenses
realized when obligations are incurred.


6. Accounts payable and accrued expenses:
   --------------------------------------

Accounts payable and accrued expenses consist of trade payables, accrued
interest, accrued payroll and payroll taxes created from normal operations of
the business.

7. Long-term debt:
   ---------------

Long - term debt consists of:

On May 31, 2002, The Company entered into a stock purchase agreement which was
comprised of convertible debenture bonds with attached warrants. The bonds
provide interest in the amount of 12% per year. The offering involved attached
warrants for the purchase of 3,600,000 shares. The total offering is in the
amount of $600,000 of which the agreement was considered modified and now has a
total balance loaned in the amount of $740,000. The outstanding balance for
these bonds is $393,000 plus accrued interest in the amount of $47,700. The
Company has been negotiating the retirement of these bonds anticipating
replacement funding availability. In these negotiations the bond holders feel
the company has not complied with the bond agreement for the conversion of the
remaining balance into common stock. Presently litigation is being contemplated
in regarding this matter and the outcome is uncertain.

On November 7, 2000, The Company entered into a loan agreement with First
International Bank, Hartford, CT. The U.S. Small Business Administration is the
guarantor on this loan in the amount of $290,000. The initial interest rate, a
variable rate, was 11.50% per year and has since been renegotiated with Aurora
Loan Services, Inc. to 8.50%. The note was originated with a term of seven years
with a late fee of up to four percent of the unpaid portion of the regularly
scheduled payment. The President of The Company maintains a life insurance
policy as required by the loan agreement and has used personal as well as
Company assets as collateral. The Company is currently in 22 months in default
on the note and is currently renegotiating terms in order to prevent foreclosure
of the note payable. The current balance of this note is $270,800 with $131,140
currently due. The Company has been maintaining the current monthly amount as
payments.

During the July quarter of 1998, the Company entered into a note payable to a
finance company which bears interest at 16.53%. The note is collateralized by
equipment and requires that monthly payments of $197 be made through the
maturity date of June, 2003. The balance of this note was paid during the year
ended October 31, 2003.

During the April quarter of 1999, the Company entered into a capital Lease with
a finance company which bears an interest rate of 13.61%. The lease is
collateralized by equipment and requires that monthly payments of $534 be made
through the maturity date of April, 2002. The balance of the note was paid
during the year ended October 31, 2003.

Aggregate maturities of long - term debt over the next five years are as
follows:

<TABLE>
<CAPTION>

For the year ended October 31, 2003                For the year ended October 31, 2002

YEAR                    AMOUNT                            YEAR               AMOUNT
<C>                    <C>                                <C>                 <C>
2004                   164,421                            2003                69,993
2005                    36,222                            2004                38,180
2006                    36,424                            2005                42,764
2007                    42,909                            2006                47,898
2008                    46,701                            2007                53,648
</TABLE>

8. Operating Lease Agreements:
   ---------------------------

The Company rents office space with monthly payments of $6,000. The lease term
for this space is seven years beginning on October 1, 2000. This lease includes
an option to purchase whereby $1,000 of each month's rent may be applied to the
purchase price. Subsequent to year end, in January, The Company paid $10,000 to
buy out its lease contract and move to a less expensive building in Rocky Mount,
NC. The new lease is for 5 years and calls for monthly payment of $3,500 for the
first year, $4,000 for the second and third years, and $4,500 for the fourth and
fifth years. The lease contract also calls for The Company to pay for any
leasehold improvements.

The Company rented a house for the convenience of Company employees that are
relocating to the area and out of town business guests. The house also served as
a satellite office as added security for computer system continuation in the
event that the main office should encounter problems with their system. The
house had monthly payments of $1,200. The lease term was on a month to month
basis and expired during the year 2002.

The Company also leases its phone systems, internet lines and various equipment.
The lease terms are month to month leases and others are longer term that are
upgradable. For this reason, The Company considers all of these types of lease
arrangements as operating. Currently the lease costs are at $54,000 for line
services and $23,000 for equipment rental per year and shown as part of cost of
sales.

9. Stockholders' Equity:
   ---------------------

Preferred Stock
---------------

The Company has been authorized 10,000,000 shares of preferred stock at $.0001
par value. None of these shares have been issued and the limitations, rights,
and preferences were yet to be determined by the Board of Directors.

Common Stock
------------

The Company has been authorized 5,000,000,000 shares of common stock at $.0001
par value. The Company amended its articles of incorporation effective October
31, 2003 for this number of shares authorized. The Company had originally
authorized 150,000,000 common shares at its inception.

On November 19, 2003 the Company entered into a consulting agreement with Tom
Bojadzijev. As compensation, the Company issued 300,000,000 common shares for a
value of $1,650,000, or $.0055 per share. The term of the agreement is one year
and the compensation for this agreement will be rateably charged to expense over
the term through an allowance account set up in the stockholders' equity section
of the financial statements. During the term of this Agreement, Consultant shall
provide advice to, undertake for and consult with the Company concerning
management, marketing, consulting, strategic planning, corporate organization
and structure, financial matters in connection with the operation of the
businesses of the Company, expansion of services, acquisitions and business
opportunities, and shall review and advise the Company regarding its overall
progress, needs and condition.

During the fiscal year end October 31, 2003, the Company converted debenture
bond principal and interest into 85,501,001 common shares for a value of
$311,440.

On October 27, 2003 the Company issued 270,000,000 restricted common shares to
David Smith, President, in compliance with his employment agreement for a value
of $1,620,000, or $.006 per share. The shares represent a bonus for services
rendered and consideration for extension on his employment agreement as amended
on October 27, 2003.

On September 18, 2003 the Company issued 277,960 restricted common shares to
David Smith, President, in compliance with his employment agreement for a value
of $1,140, or .0041 per share. The employment agreement bonus term is 5 years
from the date the agreement was amended, October 27, 2003.

On April 8, 2003 the Company issued 1,313,268 restricted common shares to David
Smith, President, in compliance with his employment agreement for a value of
$6,172, or .0047 per share. The shares represent a retroactive and continuing
bonus whereby the amended employment agreement calls for a stock bonus of 1% of
the outstanding common shares of the Company determined each year on December
31. The employment agreement bonus term is 5 years from the date the agreement
was amended, October 27, 2003.

On February 15, 2003 the Company entered into a consulting agreement with Byron
Rambo to have assistance with the negotiations with the Internal Revenue Service
regarding its past due payroll tax liability. As compensation, the Company
issued 1,000,000 shares of common stock for a value of $12,000 or $0.012 per
share, the trading value of the stock the day the agreement was entered into.

During the year the Company entered into consulting agreements with Berry Clark
to provide advice to undertake for an consult with the Company concerning
management of sales and marketing resources, consulting, strategic planning,
corporate organization and structure, financial matters in connection with
connection with the operation of the businesses of the Company, expansion of
services, acquisitions and business opportunities, and shall review and advise
the Company regarding its overall progress, needs, and condition. The following
lists the compensation in the form of common stock provided by the agreements:
on January 29, 2003 7,000,000 shares for $98,000 or $0.014 per share, on March
31, 2003 14,000,000 shares for $64,000 or $0.0046, on June 12, 2003 14,000,000
shares for $77,000 or $0.0055 per share, on September 9, 2003 14,000,000 shares
for $70,000 or $0.005 per share and on October 3, 2003 28,000,000 shares for
$112,000 or $0.004 per share. All shares were valued at the trading value of
common shares on the dates that the agreements were entered into. During the
fiscal year end October 31, 2002, the Company converted debenture bond principal
and interest into 4,321,460 common shares for a value of $47,172.

On October 28, 2002 the Company entered into consulting agreements with Nicole
Leigh Van Coller, John A. Palmer, Jeremy Leigh Van Coller, Christopher Ebersole
and Mary Gimmelli for financial consulting services over a six month term. As
compensation, the Company issued 12,000,000 shares of common stock for a value
of $156,000. The shares were registered on Form S-8 with the U.S. Securities and
Exchange Commission.

On January 7, 2002 the Company entered into a settlement agreement regarding
litigation. The Company agreed to issue 100,000 shares of common stock for a
value of $17,000.

On February 15, 2002 the Company entered into a consulting agreement for
services regarding tax representation with Byron Rambo. The Company issued
700,000 shares of common stock for a value of $31,920. The shares were
registered on Form S-8 with the U.S. Securities and Exchange commission.

On February 22, 2002 the Company entered into a settlement agreement regarding
litigation. The Company agreed to issue 2,000,000 shares of common stock for a
value of $140,000 and a payment in cash of $20,000. The shares will be issued in
amounts of 500,000 each six months until expired. The Company also issued stock
options for the purchase of 2,000,000 shares of common stock in the amount of
$.04 per share with an expiration date of 20 years from the date of the
agreement.

On April 4, 2002 the Company entered into a consulting agreement with Nicole
Leigh Van Coller for financial consulting services. As compensation, the Company
issued 1,000,000 shares of common stock for a value of $120,000. The shares were
registered on Form S-8 with the U.S. Securities and Exchange commission.

On August 14, 2001, the Company received proceeds of a loan from the Company's
President in the amount of $20,000 with a provision of conversion of the loan to
20,000,000 shares of restricted common stock after a 15 day period if not
re-payed. The loan was converted by the Company as called for in the agreement
for a value of $20,000.

On August 27, 2001, the Company issued 2,500,000 shares of common stock as
compensation for a one year consulting contract valued at $52,500. The
compensation is amortized to expense over the contract term from an allowance
account as can be reviewed in the statement of equity.

During the quarter ended July 31, 2001, the Company filed S-8 stock
registrations for consulting services for a value of $364,534 and the issuance
of 3,519,000 common shares. Of these shares, 2,000,000 common shares per the
agreement call for the purchase of these shares at a value of a 40% discount on
the bid price when purchased. The discount has been accounted for as an expense
for consulting services. The term of services per the registrations range from
five months to a year from the contract agreement date. The stock has been
accounted for as issued and an allowance account has been set against this stock
account to amortize the costs over the term as an expense over the service term
as can be reviewed in the statement of equity.

On April 12, 2001, the Company issued 5,200,000 shares of common stock to the
president of the Company valued at market price in the amount of $812,240. These
shares were issued in accordance with the compensation agreement.

On March 15, 2001, the Company elected a 7 for 1 reverse stock split. The
statements of operations have been adjusted to reflect this split with the
earnings per share calculation.

During the quarter ended January 31, 2001, The Company filed an SB-2 filing with
the U.S. Securities and Exchange Commission. The filing called for 2,000,000
common shares to be offered at a price of $.05 per share. 1,000,000 common
shares have been sold for cash and 1,000,000 (142,857 after the 7 for 1 reverse
stock split) shares were issued for services.

During the period ending October 1998, the Board of Directors issued 1,525,000
shares of restricted common stock to The Company's officer's, and legal counsel
in exchange for services, and issued 500,000 shares of restricted common stock
in the acquisition of Top-10 Promotions, Inc.

In addition to the restricted shares issued, The Company sold common stock
through two separate private offerings during the period. In the initial
offering 800,000 shares were sold each at a price of $0.025. In the second
offering 1,000,000 shares were sold each at a price of $0.05.

On October 15, 1998, the majority shareholders of The Company undertook a
Regulation - D, Rule 504, offering whereby it sold 2,000,000 shares of common
stock, $.0001 par value per share or an aggregate of $200,000. In addition, each
investor in the offering received an option to purchase, for a twelve month
period commencing on the date of this offering, an additional one share of The
Company at $1.00 per share for each eight (8) shares purchased in the original
offering (or $250,000). In addition, each investor received an option to
purchase for an eighteen month period commencing on the date of this offering an
additional one (1) share of The Company for each 8.88 shares previously
purchased at $2.00 per share or an aggregate of 225,000 shares (or $450,000).

The Company also approved of the investment by Arthur Harrison & Associates in
the offering provided that such investment in The Company was in lieu of monies
owed to Arthur Harrison & Associates by The Company for two (2) promissory notes
dated September 22, 1998 and October 10, 1998. Further more, Arthur Harrison &
Associates agreed to waive its rights to any interest on promissory notes.

10. Acquisitions:
    -------------

On March 30, 1999 The Company acquired assets of Offshore Software Development
Ltd. ("Offshore") in an exchange of assets for 999,111 shares of The Company
issued to the shareholders of that company. The Company's management has valued
the transaction at $630,000.

The assets included were comprised of four computers valued at $8,000 and two
software programs valued at $622,000. The value of these assets was determined
on the basis of the management's estimation.

An unusual impairment loss of $257,075 was recorded in October of 1999 to
reflect an impairment of the intangible assets resulting from the acquired
"Offshore" assets on March 30, 1999. The impairment resulted from the Company's
revised forecast of the cash inflows expected from intangible assets.
Amortization expenses will drop by $8,583 per month.

Effective May 29, 1998, The Company acquired all the outstanding common stock of
Top-10 Promotions, Inc., consisting of 100 shares, effective. These shares were
redeemed and canceled. The 100 shares of Top-10 Promotions, Inc. were acquired
in exchange for 500,000 "restricted" shares of The Company's common stock issued
to David Smith, the sole shareholder of Top-10 Promotions, Inc. This transaction
has been accounted for using the purchase method of accounting. The value of the
share exchanged by both parties was determined to be $19,500, including a value
of $(114) attributed to the fair value of assets and liabilities, and $19,614 of
goodwill attributed to the method of doing business and the internally developed
software.

Simultaneous with the acquisition, The Company purchased all of the remaining
authorized shares of Top-10 Promotions, Inc. for $50,000 payable at closing and
$17,500 per month payable over an eleven month period as other consideration.
The Company borrowed funds for this transaction and later, upon agreement with
the lender, converted a portion of the amount due as capital contributed to The
Company.

Also, the former owner of Top-10 Promotions, Inc. was given the right to borrow
up to 25% of retained earnings of Roanoke Technology Corporation in fiscal year
1998 or the first two quarters of fiscal 1999. Such borrowings shall be secured
by his restricted stock received in the acquisition at a 75% discount value to
market. Repayment shall be for a two- year period at a 5% annual interest rate.
The Company also entered into an employment contract with the former owner of
Top-10 Promotions.

11. Employment Contract and Incentive Commitments:
    ---------------------------------------------

The Company has entered into a five year employment contract with the former
owner of Top-10 Promotions as amended on August 22, 2000, April 12, 2001 and
October 27, 2003.

As amended on October 27, 2003, the contract provides for a salary of $150,000;
a stock bonus of 270,000,000 restricted common shares; a stock bonus of
1,000,000 common shares per year for each year that the Company generates a
profit during the five year term; quarterly bonus of 30% of the net income
before income tax of The Company; receive up to one 1% of the issued and
outstanding shares of the Company which amount will be determined as of December
31st of each year; an anti dilution clause that the employee shall be issued
additional shares to ensure that he retains at least 51% of the issued and
outstanding shares of the Company; standard non-competition clause during this
term and for a period of 2 years after; automatic renewal of the employment
agreement for additional one year terms (provided he is not in default under the
employment agreement) after the 5 year term of the contract from October 27,
2003.

On November 1, 1998 The Company's management approved the issuance of 750,000
shares of restricted common shares of The Company to the former owner of Top-10
Promotions for attaining gross revenues in excess $200,000.00 or more in sales
for the first three month period of 1999. The shares have been issued at a
market value of $1,181,250.

An additional 1,500,000 shares of restricted were issued in accordance with the
revised employment agreement during the year ended October 31, 2000 for a value
of $900,000.



12. Deferred Tax Assets and Liabilities:
    -----------------------------------

The Company accrues payroll and income taxes. The Company, currently a
C-Corporation, accounts for income taxes in accordance with Statements on
Financial Accounting Standards 109. As of October 31, 2003, The Company had a
deferred tax asset in the amount of approximately $1,697,674 that is derived
from a net operating tax loss carryforward of $8,488,373. A portion of this
carryforward is associated with stock compensation to officers and is deductible
for tax purposes when the stock is sold by the officers. The deferred tax assets
will expire during the years ending October 31, 2013 through 2023 if not used to
offset taxable income. There is uncertainty about whether the Company will be in
a position of using these tax assets therefore an allowance has been set up to
offset these assets.

13. Required Cash Flow Disclosure for Interest and Taxes Paid:
    ----------------------------------------------------------

The Company paid interest in the amount of $12,100 during the fiscal year ended
October 31, 2003. The Company had no income tax payments due and did not pay any
income tax amounts during the period.

14. Litigation, claims and assessments:
    -----------------------------------

There are various lawsuits and claims pending against The Company. Management
believes that any ultimate liability resulting from those actions or claims will
not have a material adverse affect on The Company's results of operations,
financial position or liquidity.

On October 15, 2003 a default judgment against the Company was entered in favor
for the plaintiff, Gordon & Rees, LLP, in the amount of $106,720 plus attorney'S
fees of $26,680. The suit was over legal fees incurred by the Company and the
fees are included in the Company's accounts payable balance. The fees were
incurred during the year ended October 31, 2002.

On February 20, 2003 a complaint, Sprint Communications Company Limited
Partnership vs. Roanoke Technology Corp., was filed in the State of North
Carolina, County of Halifax Superior Court Division. The complaint asserts that
The Company is indebted to the plaintiff for a total of $179,150.16 and costs of
the action brought forward. The Company has filed a counter-claim in response to
this action. Representation for The Company has not determined the likeliness
that the plaintiff will be successful with the complaint. The management of The
Company asserts that the complaint will not have a material adverse affect on
The Company's results of operations, financial position or liquidity.

15. Condensed consolidating financial statements:
    ---------------------------------------------

RTCHosting Corp (RTCH) is a wholly owned subsidiary of The Company. RTCH was
incorporated on June 12, 2000 in the state of North Carolina. RTCH has 1,000
common shares authorized with no par value and 100 common shares outstanding.
The Company has determined that separate financial statements and other
disclosures concerning RTCH are not material to investors. RTCH was formed to
hold the copyrights of an on line procurement system being developed by The
Company. The Company has expensed all research and development costs. The only
costs incurred by RTCH has been its incorporation and start-up costs which have
been expensed in the amount of $3,050. RTCH currently has no material values of
assets, liabilities or equity.

RFQHosting Corp (RFQ) is a 35% owned joint venture in Roanoke Online, LLC. The
Company and Roanoke Energy Resources, Inc., a subsidiary of Roanoke Electric
Cooperative, entered into a joint venture whereby the Company, through RFQ,
receives 35% of the gross revenues of Roanoke Online, LLC, a business to
business online procurement service. The Company is responsible for providing
software maintenance and support personnel. Roanoke Energy Resources, Inc. is
responsible for the day to day management and marketing of RFQ.

16. Employee stock option:
    ----------------------

The Company originated employee stock option plans with 2 of its employees
during fiscal year end October 31, 2001. The plan calls for 300,000 option
shares to vest on May 2, 2001 for a conversion price of $.001 per share. The
plan continues to ratably vest 470,000 option shares over a 4 year period that
are convertable for $.001 per share. The intrinsic value of these vested shares
is $0 and a fair value compensation value of $6,750 if exercised at the vesting
dates. These employee stock options have been canceled by the company and no
shares were exercised

<PAGE>

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

1st Quarter 2003 Compared with 1st Quarter 2004

Revenues for the first quarter of fiscal years 2004 and 2003 were $236,503 and
$393,941, respectively. Depreciation and amortization expenses decreased to
$16,114 from $16,607 because of certain assets that have been completely
depreciated or amortized. Research and development costs decreased to $39,290
from $49,423.

LIQUIDITY AND CAPITAL RESOURCES

Cash outflows from operating activities were ($134,286) for the three months
ended January 31, 2004 as compared with cash outflows of ($77,115) in the prior
year's quarter. Cash Flows from Investing Activities were $0 as compared with
($0) in the prior year's quarter.

Outlook

During the past quarter, we have concentrated our efforts on minimizing company
expenses and focusing the direction of the company on our affiliate and sales
leads efforts. The long term projections for this endeavor appear to be
substantially more favorable than our current main primary source of income,
Top-10 Promotions.

Top-10 Promotions sales were down over last quarter, prompting our decision to
concentrate more attention on the affiliate and sales leads programs. We are
making use of the personnel and technology we have in place for Top-10
Promotions in developing these new programs. By doing this, we have minimized
research and development expenses as well as training expenses for new
employees. Once we feel comfortable with the progress of the current employees,
we plan on expanding our sales and support staff to accommodate the growth of
these programs.

The expansion of our staff will help meet the requirements of our inducement
agreement with Carolinas Gateway Partnership. The purpose of this partnership is
to add incentive for RTC to relocate its Headquarters operations in the Nash
County, NC area. CGP has offered a cash inducement to RTC once the attainment of
target employment goals are met. These funds are to assist in the leasing,
improvement, expansion, upfitting and equipping of RTC Headquarter facilities.
The cash incentives offered in this partnership will help offset the cost of the
companies headquarters relocation and are indicative of the willingness of the
Nash County Community to work with our company.

Our consultant, Graceleyne Financial Inc., is in the process of acquiring a $12
million corporate bond sale for RTC. Upon completion of the bond issuance, RTC
plans to use a portion of the money to eliminate several debts incurred by the
company, initiate a buyback of RTC stock, and increase R&D for upcoming projects
substantially over the coming years.

We estimate our expenses to be in the neighborhood of $1,500,000. We are
expecting to see revenue reach $1.8 million. If our revenue projections remain
accurate, Roanoke Technology Corporation will post its first profit since going
public.

<PAGE>


Item 3.    Quantitative and Qualitative Disclosures About Market Risk
---------------------------------------------------------------------

Market risk represents the risk of loss that may impact our financial position,
results of operations or cash flows due to adverse changes in market prices and
rates. We are exposed to market risk because of changes in foreign currency
exchange rates as measured against the U.S. dollar. We do not anticipate that
near-term changes in exchange rates will have a material impact on our future
earnings, fair values or cash flows. However, there can be no assurance that a
sudden and significant decline in the value of European currencies would not
have a material adverse effect on our financial conditions and results of
operations.

Our short-term bank debt bears interest at variable rates; therefore our results
of operations would only be affected by interest rate changes to the short-term
bank debt outstanding. An immediate 10 percent change in interest rates would
not have a material effect on our results of operations over the next fiscal
year.

Item 4.  Controls and Procedures
--------------------------------

(a) Evaluation of disclosure controls and procedures.

Our Chief Executive Officer and Chief Financial Officer (collectively the
"Certifying Officers") maintain a system of disclosure controls and procedures
that is designed to provide reasonable assurance that information, which is
required to be disclosed, is accumulated and communicated to management timely.
Under the supervision and with the participation of management, the Certifying
Officers evaluated the effectiveness of the design and operation of our
disclosure controls and procedures (as defined in Rule [13a-14(c)/15d-14(c)]
under the Exchange Act) within 90 days prior to the filing date of this report.
Based upon that evaluation, the Certifying Officers concluded that our
disclosure controls and procedures are effective in timely alerting them to
material information relative to our company required to be disclosed in our
periodic filings with the SEC.

(b) Changes in internal controls.

Our Certifying Officers have indicated that there were no significant changes in
our internal controls or other factors that could significantly affect such
controls subsequent to the date of their evaluation, and there were no such
control actions with regard to significant deficiencies and material weaknesses.


                           PART II - OTHER INFORMATION

Item 1 - Legal Proceedings

Gordon & Rees, LLP v. Roanoke Technology Corp.; Top-10 Promotions, San Francisco
County Superior Court, Case Number CGC-03-423362. The complaint was filed on
August 12, 2003 and was "purportedly" served on September 12, 2003. On October
15, 2003, we received a Notice of Intention to Enter Default and Default
Judgment. Plaintiff has not been able to provide the court documentation to
support a default judgment. The default judgment is for $106,719.64 plus 10% of
interest from 8/26/02 and attorney's fees of $26,679.91.

Sancor Industries Ltd. v. Sun-Mar Corporation, Top-10 Promotions, Inc. and
Roanoke Technology Corp. Ontario Superior Court of Justice, Court File No.
99-CV-172600 CMA. A judgment was granted against us for unauthorized insertion
of the plaintiffs trademarks in our mega-tags. The specific judgment amount was
not listed.

On February 20, 2003 a complaint, Sprint Communications Company Limited
Partnership vs. Roanoke Technology Corp., was filed in the State of North
Carolina, County of Halifax Superior Court Division. The complaint asserts that
we are indebted to the plaintiff for a total of $179,150.16 and costs of the
action brought forward. We have filed a counter-claim in response to this
action. Our legal counsel has not determined the likeliness that the plaintiff
will be successful with the complaint. The complaint will not have a material
adverse affect on our results of operations, financial position or liquidity.


Item 2 - Changes in Securities

         None.

Item 3 - Defaults Upon Senior Securities

         None.

Item 4  - Submission of Matters to a Vote of Security Holders

         None.

Item 5 - Other Information

         None.

Item 6  - Exhibits and Reports on Form 8-K

   a. Exhibits

     33.1 Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002

     33.2 Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002

   b. Reports on Form 8-K None.

     No reports on Form 8-K were filed for this quarter.

                                   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.


      ROANOKE TECHNOLOGY CORP.


      By:  /s/  David L. Smith
           -------------------------------------
           DAVID L. SMITH Chairman of the Board
           of Directors, CEO and CFO

Dated:   March 18, 2004