UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

(Mark One)

[X]  Quarterly  Report  pursuant  to Section 13 or 15(d) of the  Securities  and
     Exchange Act of 1934

        For the quarter period ended:       December 31, 1998

                                       or

[  ] Transition  report  pursuant to Section 13 or 15(d) of the Securities and
     Exchange Act of 1934

        For the transition period from:               to               

Commission file number:      0-24408        

      IJNT INTERNATIONAL, INC. (formerly known as InterJet Net Corporation)
             (Exact name of registrant as specified in its charter)

                    Delaware                                   33-0611753       
(State or other jurisdiction of                            (IRS Employer
incorporation or organization)                         Identification Number)

13405 NW Freeway, Suite 228 Houston, Texas                           77095  
 (Address of principal executive offices)                         (Zip Code)

Registrant's telephone number, including area code:  (713) 462-4222      

         Indicate by check mark whether the registrant (1) has filed all reports
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

         The number of shares  outstanding of the  registrant's  common stock on
February 12, 1998 was 15,126,857.



                                        1

<PAGE>



                         PART I - FINANCIAL INFORMATION

ITEM 1.           Financial Statements.

         The following  Consolidated Financial Statements of the Company and its
subsidiaries and related notes are included herein:

         Consolidated Balance Sheet as of December 31, 1998 and March 31, 1998;

         Consolidated  Statements  of Income for the three and nine months ended
December 31, 1998, for the three months ended December 31, 1998 and December 31,
1997 and for the nine months ended  December 31, 1998 and pro-forma  results for
the nine months ended December 31, 1997;

         Consolidated Statement of Cash Flows for the nine months ended December
31, 1998 and pro-forma results for the nine months ended December 31, 1997;

         Notes to Consolidated Financial Statements.



                                        2

<PAGE>



                            IJNT INTERNATIONAL, INC.
                           CONSOLIDATED BALANCE SHEETS
                          (DECEMBER 31, 1998 UNAUDITED)

<TABLE>
<CAPTION>
                                                                     December 31,          March 31,
                                                                         1998                1998       
                                                                  ------------------  ------------------
ASSETS
Current Assets:
<S>                                                               <C>                 <C>               
     Cash                                                         $        2,769,751  $           63,303
     Account Receivable                                                      158,106              39,912
     Stock Subscription Receivable                                                 0             794,325
     Prepaid Expenses                                                         66,126              12,108
     Loan to Shareholder                                                      86,603                   0
     Short-Term Receivable                                                    85,336                   0
     Inventory                                                               350,622              44,834
                                                                  ------------------  ------------------
                                            Total Current Assets           3,516,544             954,482

Property, Plant, & Equipment                                               1,683,854             975,839

Other Assets:
     Organizational Costs                                                      7,306               8,992
     Deposits                                                                 50,624               8,907
     Licenses and Other                                                    1,169,418             761,475
                                                                  ------------------  ------------------
                                                                           1,227,348             779,374
                                                                  ------------------  ------------------

                                                    TOTAL ASSETS  $        6,427,746  $        2,709,695
                                                                  ==================  ==================

LIABILITIES & SHAREHOLDERS EQUITY Current Liabilities:
     Accounts Payable                                             $          209,583  $          490,244
     Accrued Liabilities                                                      65,740              46,392
     Income Taxes Payable                                                        800                 800
     Note Payable                                                                  0              35,000
     Loans from Shareholders                                                       0              13,690
     Current Portion of Long-Term Debt                                        35,499              19,913
                                                                  ------------------  ------------------
                                       Total Current Liabilities             311,622             606,039

Long-Term Debt                                                                36,964              49,162
                                                                  ------------------  ------------------
                                               Total Liabilities             348,586             655,201

Shareholders Equity:
     Common Stock, $.001 par value;
       Authorized 20,000,000 shares;
       Issued and Outstanding 12,854,145 at March 31,
         1998 and 15,027,216 at December 31, 1998                             15,027              12,854
     Preferred Series A Stock, $.01;
       Authorized 1,000,000 shares;
       Issued and Outstanding none at March 31, 1998
         and 2,000 at December 31, 1998                                           20                   0
     Additional Paid-in Capital                                           11,405,254           4,614,838
     Retained Earnings (Deficit)                                          (5,341,141)         (2,573,198)
                                                                  ------------------  ------------------
                                      Total Shareholder's Equity           6,079,160           2,054,494
                                                                  ------------------  ------------------

                                      TOTAL LIABILITIES & EQUITY  $        6,427,746  $        2,709,695
                                                                  ==================  ==================
</TABLE>




See Notes to Consolidated Financial Statements.

                                        3

<PAGE>



                            IJNT INTERNATIONAL, INC.
                        CONSOLIDATED STATEMENTS OF INCOME
                  THREE MONTHS ENDED DECEMBER 31, 1998 AND 1997
                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                                                         1998                1997       
                                                                  ------------------  ------------------
<S>                                                               <C>                 <C>               
Revenues                                                          $          420,271  $           10,233
Cost of Sales                                                                115,564              40,542
                                                                  ------------------  ------------------
                                                    Gross Profit             304,707             (30,309)

General & Administrative Expensens:
     Professional Services                                                   254,876              25,858
     Salaries - Officers                                                      86,118              73,400
     Salaries - Others                                                       493,182             147,009
     Payroll Taxes & Benefits                                                 45,937              19,378
     Office Expenses                                                          31,823              16,704
     Advertising & Marketing                                                 113,441              70,282
     Auto Expense                                                             12,313              11,211
     Travel & Entertainment                                                   54,034              58,415
     Computer Expenses                                                         8,573              25,535
     Depreciation & Amortization                                              74,491               6,000
     Channel Lease Payments                                                    6,250              88,552
     Equipment Lease Payments                                                 11,658               5,856
     Postage & Delivery                                                       14,668               8,593
     Insurance                                                                27,896               9,486
     Interest Expense                                                          9,201               1,126
     Rent                                                                     51,337              34,102
     Temporary Help & Outside Services                                        17,556               4,380
     Tower Lease Payments                                                      7,395                 425
     Telephone Expenses                                                       62,856              22,373
     Taxes - Other                                                             1,744                 525
                                                                  ------------------  ------------------
                         Total General & Administrative Expenses           1,385,349             629,210

Interest Income                                                               24,862               7,252
Sate Income Taxes                                                             (1,809)                  0
                                                                  ------------------  ------------------

                                             TOTAL INCOME (LOSS)  $       (1,057,589) $         (652,267)
                                                                  ==================  ==================
</TABLE>




See Notes to Consolidated Financial Statements.

                                        4

<PAGE>



                            IJNT INTERNATIONAL, INC.
                        CONSOLIDATED STATEMENTS OF INCOME
                  THREE AND NINE MONTHS ENDED DECEMBER 31, 1998
                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                                                     Three Months         Nine Months   
                                                                  ------------------  ------------------
<S>                                                               <C>                 <C>               
Revenues                                                          $          420,271  $          971,333
Cost of Sales                                                                115,564             267,348
                                                                  ------------------  ------------------
                                                    Gross Profit             304,707             703,985

General & Administrative Expensens:
     Professional Services                                                   254,876             734,311
     Salaries - Officers                                                      86,118             203,713
     Salaries - Others                                                       493,182           1,084,565
     Payroll Taxes & Benefits                                                 45,937             114,576
     Office Expenses                                                          31,823              87,759
     Advertising & Marketing                                                 113,441             327,136
     Auto Expense                                                             12,313              28,059
     Travel & Entertainment                                                   54,034             175,619
     Computer Expenses                                                         8,573              25,600
     Depreciation & Amortization                                              74,491             172,557
     Channel Lease Payments                                                    6,250               4,395
     Equipment Lease Payments                                                 11,658              55,888
     Postage & Delivery                                                       14,668              36,451
     Insurance                                                                27,896              75,050
     Interest Expense                                                          9,201              10,207
     Rent                                                                     51,337             124,079
     Temporary Help & Outside Services                                        17,556              43,533
     Tower Lease Payments                                                      7,395              15,230
     Telephone Expenses                                                       62,856             191,942
     Taxes - Other                                                             1,744               3,960
                                                                  ------------------  ------------------
                         Total General & Administrative Expenses           1,385,349           3,514,630

Interest Income                                                               24,862              44,511
Sate Income Taxes                                                             (1,809)             (1,808)
                                                                  ------------------  ------------------

                                             TOTAL INCOME (LOSS)  $       (1,057,589) $       (2,767,942)
                                                                  ==================  ==================
</TABLE>






See Notes to Consolidated Financial Statements.

                                        5

<PAGE>



                            IJNT INTERNATIONAL, INC.
                        CONSOLIDATED STATEMENTS OF INCOME
                  NINE MONTHS ENDED DECEMBER 31, 1998 AND 1997
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                                           Pro-Forma
                                                                         1998                1997       
                                                                  ------------------  ------------------
<S>                                                               <C>                 <C>               
Revenues                                                          $          971,333  $           10,233
Cost of Sales                                                                267,348              46,286
                                                                  ------------------  ------------------
                                                    Gross Profit             703,985             (36,053)

General & Administrative Expensens:
     Professional Services                                                   734,311             146,547
     Salaries - Officers                                                     203,713             258,825
     Salaries - Others                                                     1,084,565             285,050
     Payroll Taxes & Benefits                                                114,576              33,499
     Office Expenses                                                          87,759              54,352
     Advertising & Marketing                                                 327,136             102,203
     Auto Expense                                                             28,059              34,683
     Travel & Entertainment                                                  175,619             129,595
     Computer Expenses                                                        25,600              44,320
     Depreciation & Amortization                                             172,557               6,000
     Channel Lease Payments                                                    4,395              90,052
     Equipment Lease Payments                                                 55,888              10,529
     Postage & Delivery                                                       36,451              19,144
     Insurance                                                                75,050              32,221
     Interest Expense                                                         10,207               7,051
     Rent                                                                    124,079              95,876
     Temporary Help & Outside Services                                        43,533               7,295
     Tower Lease Payments                                                     15,230               3,831
     Telephone Expenses                                                      191,942              61,369
     Taxes - Other                                                             3,960               1,852
                                                                  ------------------  ------------------
                         Total General & Administrative Expenses           3,514,630           1,424,294

Interest Income                                                               44,511              12,560
Sate Income Taxes                                                             (1,808)               (800)
                                                                  ------------------  ------------------

                                             TOTAL INCOME (LOSS)  $       (2,767,942) $       (1,448,587)
                                                                  ==================  ==================
</TABLE>






See Notes to Consolidated Financial Statements.

                                        6

<PAGE>



                            IJNT INTERNATIONAL, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOW
                  NINE MONTHS ENDED DECEMBER 31, 1998 AND 1997
                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                                                         1998                1998       
                                                                  ------------------  ------------------
OPERATING ACTIVITIES
<S>                                                               <C>                 <C>                
     Net Income (Loss)                                            $       (2,767,942) $       (1,448,587)
     Adjustments:
       Depreciation & Amortization                                           172,557              44,320
       Expenses Paid with Common Stock                                       541,548             321,252
       Changes in Current Accounts                                           579,129             407,812
                                                                  ------------------  ------------------
                       Net Cash Required by Operating Activities          (1,474,708)           (675,203)

INVESTING ACTIVITIES
     Purchase of Fixed Assets                                               (880,572)           (909,279)
     Purchase of Inventories                                                (305,788)                  0
     Purchase of Licenses and Other Assets                                  (407,943)           (486,439)
                                                                  ------------------  ------------------
                       Net Cash Required by Investing Activities          (1,594,303)         (1,395,718)

FINANCING ACTIVITIES
     Loans                                                                  (173,491)            330,136
     Repayment of Loans                                                      (43,750)            (26,622)
     Sale of Common Stock                                                  4,192,700           1,978,716
     Sale of Preferred Stock                                               1,800,000                   0
                                                                  ------------------  ------------------
             Net Cash Provided (Required) by Financing Activites           5,775,459           2,282,230
                                                                  ------------------  ------------------

Increase (Decrease) in Cash & Cash Equivalents                             2,706,448             211,309

Cash & Cash Equivalents at:
     Beginning of Period                                                      63,303                   0
                                                                  ------------------  ------------------

     End of Period                                                $        2,769,751  $          211,309
                                                                  ==================  ==================
</TABLE>



See Notes to Consolidated Financial Statements.

                                        7

<PAGE>



                            IJNT INTERNATIONAL, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                DECEMBER 31, 1998

NOTE 1:           BASIS OF PRESENTATION

The accompanying  unaudited consolidated financial statements have been prepared
in  accordance  with  generally  accepted  accounting   principles  for  interim
financial  information and with the  instructions to Form 10-Q and Rule 10-01 of
Regulation  S-X.  Accordingly,  they do not include all of the  information  and
footnotes  required by generally  accepted  accounting  principles  for complete
financial  statements.   In  the  opinion  of  the  Company's  management,   all
adjustments  (consisting  of normal  accruals)  considered  necessary for a fair
presentation of these financial statements have been included.

The Company was  essentially  inactive prior to the acquisition of InterJet Net,
Inc., a Nevada  Corporation,  now known as IJNT,  Inc. (See Note 2 below).  This
acquisition was completed in August of 1997. Where appropriate,  the Company has
used pro-forma financial information,  which includes the activity of IJNT, Inc.
prior to the acquisition in presenting comparative financial results.

NOTE 2:           CAPITALIZATION

The Company was incorporated in the State of Delaware under the name Picometrix,
Inc. on June 11, 1992 and authorized 20,000,000 shares of $0.01 par value common
stock.  On June 30, 1997 the Company  effected a  2.3399365-for-1  share forward
stock split.  The split increased the total  outstanding  shares from 579,600 to
1,356,377.  On  August  8,  1997 the  Company  issued  9,964,286  shares of post
forward-split  stock to InterJet Net, Inc. in  conjunction  with the purchase of
all of the  outstanding  stock of InterJet Net, Inc.  Immediately  following the
acquisition of InterJet Net, Inc., the Company  changed its name to InterJet Net
Corporation  and conducted a private  placement of 680,000  shares of its common
stock at a price of $1.95 per share.  This  offering was completed on August 27,
1997.  In August of 1998,  the Company  changed its name to IJNT  International,
Inc. and InterJet Net, Inc., a wholly owned  subsidiary of the Company,  changed
its name to IJNT, Inc.

The Company has entered into various private  placement  offerings and offerings
under  Regulation S of the  Securities  Act of 1933.  As of March 31, 1998,  the
Company  had sold a total of  642,582  shares  of its  common  stock in  various
offerings with net proceeds to the Company totaling $1,189,846. This fiscal year
(the period from April 1, 1998 to December  31,  1998),  the Company has sold an
additional  1,380,825 shares with net proceeds of $4,103,336 resulting from such
sales. Of these sales, 20,000 shares were sold in the quarter ended December 31,
1998 with net proceeds of $42,900.

On  December  4, 1998,  the  Company  entered  into an  Agreement  with  Private
Investors (the "Investors")  whereby the Investors purchased 2,000 shares of the
Company's  Preferred Series A Stock (the "Preferred  Stock") for a price of $1.8
million. The Preferred Stock has a par value of $0.01 per share and has a Stated
Value of $1,000 per share. A dividend of eight percent (8%) per annum accrues on
the Preferred  Stock.  The  Investors  have the ability to convert the Preferred
Stock into common stock of the Company at a rate of $1,250 worth of common stock
for each share of Preferred Stock converted.  The Company has the ability to put
additional shares of Preferred Stock with the Investor based on the market price
and average  daily volume of shares traded of the  Company's  common stock.  The
maximum total investment to be made by the Investor is equal to $10 million.

In the nine months  ended  December  31,  1998,  the Company has issued  151,112
shares  of its  common  stock  for  services  rendered  to and on  behalf of the
Company.

NOTE 3:           RELATED PARTY TRANSACTIONS

The  officers  and  directors  of the  Company are  involved  in other  business
activities  and  may,  in  the  future,   become   involved  in  other  business
opportunities. If a specific business opportunity becomes

                                        8

<PAGE>



available, such persons may face a conflict in selecting between the Company and
their  business  interests.  The  Company  has not  formulated  a policy for the
resolution of such conflicts.

As of  December  31,  1998,  the  Company  has loaned  $86,603  to the  majority
shareholders of the Company and their wholly owned  subsidiary.  As of March 31,
1998, the Company had borrowed $13,690 from these same shareholders.

NOTE 4:           INCOME TAXES

The Company has available at December 31, 1998,  estimated  net  operating  loss
carryforwards of approximately  $5,250,000 which may provide future tax benefits
expiring in June of 2010.

NOTE 5:           WARRANTS TO PURCHASE COMMON STOCK

On August 27,  1998,  a holder of  warrants to  purchase  512,821  shares of the
Company's  common  stock at $1.95 per share  exercised  these  options.  The net
proceeds to the Company were $1,000,000.  These  represented the only issued and
outstanding warrants or options to purchase the Company's common stock.

NOTE 6:           STOCK SUBSCRIPTION RECEIVABLE

As of March 31, 1998,  the Company had sold 500,000  shares of its Common Stock,
subject to receipt of the subscription price of $890,635.  The final installment
was  received  in May of 1998.  For  purposes  of these  consolidated  financial
statements, it was assumed that the shares were issued as of March 31, 1998.

NOTE 7:           ACQUISITIONS

The Company is currently in various stages of negotiation on acquisitions  which
are expected to be announced prior to the end of this fiscal year.

NOTE 8:           SUBSEQUENT EVENTS

See "PART II - Item 5. Other Information".



                                        9

<PAGE>



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

The  Company's  loss for the  quarter  ended  December  31,  1998  was  equal to
$1,057,589,  compared with a loss for the quarter period ended December 31, 1997
of $652,267.  The loss in the current quarter was primarily  attributable to the
Company's  Selling,  General  and  Administrative  Expenses  of which  salaries,
professional  fees and marketing made up the largest amount.  The increased loss
this  quarter,  compared to the losses in the  previous  quarters,  reflects the
continuation of the Company's aggressive growth strategy. The increased expenses
also  reflect the  activity of Access  Communications,  Inc.,  Man Rabbit  House
Multimedia,   Inc.  and  WebIt  of  Utah,  Inc.,  which  are  now  wholly  owned
subsidiaries  of the  Company.  The  Company's  aggressive  growth  strategy has
resulted in additional  expenses due to the aforementioned  acquisitions as well
as increased marketing and advertising costs.

Total  salaries of  $579,300  were paid or accrued  for the three  months  ended
December 31, 1998.  This equated to 41.8% of the total expenses for the quarter,
which totaled $1,385,349. This salary expense is compared to $220,409 (which was
35.0% of total expenses of $629,210) incurred by the Company in the three months
ended  December  31,  1997.  The  Company  incurred   expenses  of  $254,876  on
professional  fees,  or 18.4% of total  expenses for the quarter.  This includes
amounts paid to attorneys,  accountants,  engineers and consultants. The Company
pays  several  individuals  as  consultants,  including  technical  consultants,
outside  accountants  and  business  consultants.   Continued   negotiations  in
additional  acquisitions  have resulted in increased legal and consulting  fees.
The total cost  advertising  and  marketing  expenses  for the  quarter  totaled
$113,441 for the three months ended December 31, 1998. This  represented to 8.2%
total expenses for the quarter. The Company's  advertising and marketing expense
in the quarter ended  December 31, 1997 was equal to $70,282,  or 11.2% of total
expenses.

The Company  produced  gross revenues of $420,271 for the quarter ended December
31, 1998.  Of these  revenues,  $99,374 or 23.6% were derived from the Company's
Houston  operations  (Access  Communications,  Inc.) and  $128,117 or 33.4% were
derived from the Company's Man Rabbit House Multimedia subsidiary.  Revenues for
Salt Lake and Beaumont were equal to $172,683 and $20,097,  or 30.5% and 4.8% of
total  revenue,  respectively.  The Company  anticipates  generating  additional
revenues  from  existing  operations  as well as new  operations  in the  Orange
County,  California  market in the next  quarter.  The Company has  launched its
wireless  Internet  system in Orange  County as of  February  1999 and has begun
collecting  revenues from its operations.  The Company generated revenues in the
quarter ended December 31, 1997 equal to $10,233. The current quarter's revenues
represent an increase of  approximately  4000%.  The revenues for the Company in
the last quarter, which ended on September 30, 1998, were equal to $372,875. The
revenues in the current  quarter  represent an increase of 12.7% compared to the
quarter ended September 30, 1998.

The  Company's  revenues are  produced  from various  Internet  services.  These
services include wireless Internet services,  dial-up Internet connections,  web
site design and web site hosting.  The Company  currently  services nearly 7,000
monthly subscribers.  The Company operates as an international  dial-up Internet
service provider under the name "urjet" (pronounced "your jet"). The majority of
the  Company's  current  subscribers  are dial-up  users.  The current  wireless
subscriber  base  from  the  Company's  wireless  system  in Salt  Lake  City is
approximately  250. The wireless  systems in Orange County and Houston are being
launched prior to the end of the current fiscal year.

The Company has current  assets  totaling  $3,516,544  at December 31, 1998 with
total net working  capital of  $3,204,922.  This  equates to a current  ratio of
approximately 11.3.

YEAR 2000  RISKS.  Currently,  many  computer  systems,  hardware  and  software
products are coded to accept only two digit  entries in the date code field and,
consequently, cannot distinguish 21st century dates from 20th century dates. The
interaction  between various software and hardware  platforms rely upon the date
coding system.  As a result,  many companies'  software and computer systems may
need to be upgraded or replaced in order to function  properly after the turn of
the century. The Company, its customers,  and suppliers are reliant on computers
and related automated

                                       10

<PAGE>



systems  for daily  business  operations.  Failure to achieve at least a minimum
level of Year 2000 systems  compliance  could have a material  adverse effect on
the Company.

The Company has begun the process of identifying  computer systems that could be
affected by the Year 2000 issue as it relates to the Company's internal hardware
and  software,  as well as third  parties  that  provide  the  Company  goods or
services.  Three categories or general areas have been identified for review and
analysis.

    (1)           Systems providing customers  services.  These include hardware
                  and software  systems that are used to provide services to the
                  Company's  customers  in the  form of  Internet  connectivity,
                  e-mail servers,  news servers,  authentication  servers,  etc.
                  Hardware in the form of routers and switches are also included
                  in this area.
    (2)           Third party  vendors  providing  critical  services  including
                  circuits,  hardware, long distance and related products. These
                  include  telecommunications  providers,  suppliers of routers,
                  modems and switches.
    (3)           Critical   internal   systems  that   support  the   Company's
                  administrative  systems for billing  and  collecting,  general
                  accounting  systems,   computer  networks,  and  communication
                  systems.

The Company is in the planning and initial  study phase of Year 2000  compliance
review and testing.  In regards to Item (1) listed above the Company's  critical
existing  systems are no more than two years old and it is anticipated that many
of these systems will not have significant Year 2000 problems. These systems are
in  process  of  being  inventoried  and a  systems  testing  schedule  is being
developed. All newly acquired hardware systems,  operating systems, and software
are required to have vendor certification for Year 2000 compliance.

In regards to Item (2) above - third party products and services - the Company's
significant  vendors are large public companies such as US West  Communications,
UU Net, Cisco,  Lucent  Technologies,  and Ascend  Communications,  that are all
under SEC mandates to report their  compliance in all publicly filed  documents.
The Company will initiate a compliance  review program with these vendors during
the first  quarter of 1999 and will  continue to track  progress of all critical
vendors for compliance.

Item (3) above  relates to  internal  systems  for  company  administrative  and
communications  requirements.  The Company is in the process of implementing new
billing and billing  presentment  systems  during the first half of 1999.  These
system vendors are required to certify Year 2000 compliance.  Additionally,  the
Company  will test  these  systems  for  compliance  during  the  implementation
processes.  Internal computer networks and communications systems will be tested
in the second quarter of 1999 for compliance.

The costs to address the Year 2000 compliance issues have not been determined at
this time. Based on growth the Company plans to implement new hardware platforms
and software  systems that should be Year 2000  compliant  and  therefore  costs
specifically  allocated to Year 2000 compliance may not be significant.  Systems
testing and compliance  reviews with third party  services  providers will incur
manpower and consultant costs.

The nature of the Company's  business  makes it dependent on computer  hardware,
software,  and  operating  systems  that are  susceptible  to Year 2000  issues.
Failure to attain at least minimum levels of Year 2000  compliance  would have a
material adverse effect on the Company's ability to deliver services.

The Company  has not  developed a  contingency  plan for dealing  with Year 2000
risks at this time.



                                       11

<PAGE>



                           PART II - OTHER INFORMATION

ITEM 5.           Other Information.

Acquisition of Global Broadband Services, Inc. On February 12, 1999, the Company
acquired  Global  Broadband  Services,  Inc., a Nevada  Corporation  ("Global").
Global owns and operates a wireless  Internet  system in  Petaluma,  California.
This  system  has  recently  begun  selling  its  wireless  Internet  access and
currently  serves  approximately  25  customers.  Lack of funding had  prevented
Global from properly  marketing its  services.  With funds readily  available to
increase advertising and marketing and to keep adequate  installation  inventory
on hand, the Company is planning for substantial  growth to the Petulama system.
Global also owns adequate equipment to construct an additional wireless Internet
access system.  As  consideration  for the purchase of all outstanding  stock in
Global,   the  Company  issued  250,000  shares  of  its  common  stock  to  the
shareholders of Global.

ITEM 6.           Exhibits and Reports on Form 8-K

Reports of Form 8-K

None.


                                   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.

Dated:            February 15, 1998

                                   IJNT INTERNATIONAL, INC.



                                     s:/ Jon H. Marple                

                                   Jon H. Marple, President, Chairman,
                                   Chief Executive Officer and
                                   Chief Financial Officer


                                     s:/ Mary E. Blake                
                                   Mary E. Blake, President and
                                   Director



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