<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB


[X]      Quarterly  Report Under Section 13 or 15(d) of the Securities  Exchange
         Act of 1934.

         For the quarterly period ended: Sept 30, 2003.

[ ]      Transition Report Under Section 13 or 15(d) of the Exchange Act.


Commission file number:  0-09358


                            SHOWINTEL NETWORKS, INC.
        (Exact name of small business issuer as specified in its charter)

            Nevada                                        88-0441388
  (State or other jurisdiction                           (IRS Employer
         of incorporation)                              Identification No.)



  8000 Centerview Parkway, Cordova, TN                       38018
(Address of principal executive offices)                   (Zip Code)

Registrant's telephone number, including area code: (901)-757-0195
                                                    --------------

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for shorter period
that the registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days.
  X   Yes       No
-----     ------

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the last practicable date: 33,294,555


<PAGE>



TABLE OF CONTENTS
--------------------------------------------------------------------------------

Item                                                                        Page
----                                                                        ----

PART I -FINANCIAL STATEMENTS
1. Financial Statements....................................................

2. Management's Discussion and Analysis or Plan of Operation...............

3. Controls and Procedures.................................................

PART II - OTHER INFORMATION
1. Legal Proceedings.......................................................

2. Changes in Securities and Use of Proceeds...............................

3. Defaults Upon Senior Securities.........................................

4. Submission of Matters to a Vote of Security Holders.....................

5. Other Information

6. Exhibits and Reports on Form 8-K .......................................


--------------------------------------------------------------------------------

<PAGE>

PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

                            SHOWINTEL NETWORKS, INC.
               (FORMERLY MULTINET INTERNATIONAL CORPORATION, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEET
                                   (Unaudited)

<TABLE>
                                 ASSETS

Current assets
<S>                                                                   <C>
   Cash                                                               $        --
                                                                      -----------
      Total current assets                                                     --
Fixed assets, net                                                          82,327
                                                                      -----------

   Total assets                                                       $    82,327
                                                                      ===========


                 LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities
   Accounts payable and accrued expenses                              $   219,902
   Due to stockholder                                                     190,381
   Loans payable                                                          110,000
   Convertible loan payable                                                10,000
                                                                      -----------
      Total current liabilities                                           530,283

Total liabilities                                                         530,283

Commitments and contingencies                                                  --

Stockholders' deficit
   Common stock - $.001 par value, 100,000,000 shares
      authorized, 33,294,555 shares issued and outstanding                 33,295
   Additional paid-in capital                                           3,093,677
   Prepaid consulting services paid common stock and warrants                  --
   Unamortized loan fees                                                       --
   Other receivable                                                       (32,500)
   Accumulated deficit                                                 (3,542,428)
                                                                      -----------
      Total stockholders' deficit                                        (447,956)
                                                                      -----------

   Total liabilities and stockholders' deficit                        $    82,327
                                                                      ===========

</TABLE>


                 See Accompanying Notes to Financial Statements

<PAGE>

                            SHOWINTEL NETWORKS, INC.
               (FORMERLY MULTINET INTERNATIONAL CORPORATION, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)



<TABLE>
<CAPTION>
                                                                                                                  For the period
                                                                                                                from April 19, 2001
                                                   For the three months ended       For the nine months ended   (Date of Inception)
                                                          September 30,                   September 30,               through
                                                    2003              2002             2003             2002     September 30, 2003
                                                ------------     ------------     ------------     ------------     ------------
<S>                                             <C>              <C>              <C>              <C>              <C>
Revenues                                        $      1,563     $         --     $     88,728     $         --     $    121,595

Cost of revenues                                          --               --           47,112               --           71,243
                                                ------------     ------------     ------------     ------------     ------------
      Gross profit                                     1,563               --           41,616               --           50,352

General and administrative expenses
   Bad debt                                           16,863               --           16,863               --           16,863
   Consulting fees                                    67,930          443,004          205,248        1,218,135        2,302,972
   Depreciation                                       12,730            5,512           26,286           10,107           52,402
   Other general and administrative expenses         102,892           73,691          510,262          103,847        1,053,699
                                                ------------     ------------     ------------     ------------     ------------

      Total general and administrative
        expenses                                     200,415          522,207          758,659        1,332,089        3,425,936
                                                ------------     ------------     ------------     ------------     ------------

Loss from operations                                (198,852)        (522,207)        (717,043)      (1,332,089)      (3,375,584)

Other income (expense)
   Interest income                                        --              807              191            1,651            4,960
   Gain on sale of fixed assets                           --               --               --               --            1,123
   Loss related to rescission of UniGuest
     acquisitiON                                     (24,669)              --          (24,669)              --          (24,669)
   Bad debt related to note receivable               (91,269)              --          (91,269)              --          (91,269)
   Bad debt related to due from UniGuest             (25,000)              --          (25,000)              --          (25,000)
   Interest expense                                     (521)              --           (4,207)              --          (31,989)
                                                ------------     ------------     ------------     ------------     ------------
      Total other income (expense)                  (141,459)             807         (144,954)           1,651         (166,844)


Loss before provision for income tax                (340,311)        (521,400)        (861,997)      (1,330,438)      (3,542,428)

Income tax provisions                                     --               --               --               --               --
                                                ------------     ------------     ------------     ------------     ------------

Net loss                                        $   (340,311)    $   (521,400)    $   (861,997)    $ (1,330,438)    $ (3,542,428)
                                                ============     ============     ============     ============     ============

Basic and diluted loss per common share         $      (0.01)    $      (0.02)    $      (0.03)    $      (0.06)    $      (0.17)
                                                ============     ============     ============     ============     ============

Basic and diluted weighted average
   common shares outstanding                      32,347,866       22,260,783       30,601,809       21,674,260       21,129,169
                                                ============     ============     ============     ============     ============
</TABLE>

                 See Accompanying Notes to Financial Statements

<PAGE>

                            SHOWINTEL NETWORKS, INC.
               (FORMERLY MULTINET INTERNATIONAL CORPORATION, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                       STATEMENT OF STOCKHOLDERS' DEFICIT
                                   (Unaudited)




<TABLE>
<CAPTION>
                                                                 Common Stock
                                                           ------------------------  Additional     Prepaid
                                                              Number                   paid-in     Consulting   Unamortized
                                                            of Shares      Amount      capital      Services     Loan Fees
                                                           -----------  -----------  -----------  -----------   -----------
<S>                                                         <C>         <C>          <C>          <C>           <C>
Balance, December 31, 2002                                  28,894,000  $    28,894  $ 2,728,265  $   (35,018)  $        --

Issuance of common stock for services,
  $0.11 per share                                              177,000          177       19,293           --            --

Issuance of common stock for services,
  $0.10 per share                                              300,000          300       29,700           --            --

Issuance of common stock for services,
  $0.10 per share                                              200,000          200       19,800           --            --

Issuance of common stock for cash, $0.10 per share              30,000           30        2,970           --            --

Issuance of common stock for reduction in due to               580,000          580       57,420           --            --
  stockholder, $0.10 per share

Issuance of common stock to the Company's President
   and majority stockholder for services, $0.11 per share      880,000          880       95,920           --            --

Issuance of common stock related to loan fees, $0.09           650,000          650       57,850           --       (58,500)
  per share

Issuance of common stock to the Company's President
   and majority stockholder for services, $0.04 per share    1,383,555        1,384       58,939           --            --

Issuance of common stock related to loan fees, $0.04
  per share                                                    200,000          200        8,520           --        (8,720)

Issuance of warrants for 300,000 shares of common                   --           --       15,000           --       (15,000)
  stock related to loan fees

Expensed portion of prepaid consulting services                     --           --           --       35,018            --

Current period amortization of loan fees                            --           --           --           --        82,220

Other receivable related to rescission of UniGuest
  acquisition                                                       --           --           --           --            --

Net loss                                                            --           --           --           --            --
                                                           -----------  -----------  -----------  -----------   -----------
 Balance, September 30, 2003 (Unaudited)                    33,294,555  $    33,295  $ 3,093,677  $        --   $        --
                                                           ===========  ===========  ===========  ===========   ===========


<CAPTION>

                                                                                          Total
                                                               Other      Accumulated  Stockholders'
                                                            Receivable     Deficit        Equity
                                                           -----------   -----------   -----------
<S>                                                        <C>           <C>           <C>
Balance, December 31, 2002                                 $        --   $(2,680,431)  $    41,710

Issuance of common stock for services,
  $0.11 per share                                                   --            --        19,470

Issuance of common stock for services,
  $0.10 per share                                                   --            --        30,000

Issuance of common stock for services,
  $0.10 per share                                                   --            --        20,000

Issuance of common stock for cash, $0.10 per share                  --            --         3,000

Issuance of common stock for reduction in due to                    --            --        58,000
  stockholder, $0.10 per share

Issuance of common stock to the Company's President
   and majority stockholder for services, $0.11 per share           --            --        96,800

Issuance of common stock related to loan fees, $0.09                --            --            --
  per share

Issuance of common stock to the Company's President
   and majority stockholder for services, $0.04 per share           --            --        60,323

Issuance of common stock related to loan fees, $0.04
  per share                                                         --            --            --

Issuance of warrants for 300,000 shares of common                   --            --            --
  stock related to loan fees

Expensed portion of prepaid consulting services                     --            --        35,018

Current period amortization of loan fees                            --            --        82,220

Other receivable related to rescission of UniGuest
  acquisition                                                  (32,500)           --       (32,500)

Net loss                                                            --      (861,997)     (861,997)
                                                           -----------   -----------   -----------
 Balance, September 30, 2003 (Unaudited)                   $   (32,500)  $(3,542,428)  $  (447,956)
                                                           ===========   ===========   ===========

</TABLE>

                 See Accompanying Notes to Financial Statements

<PAGE>

                            SHOWINTEL NETWORKS, INC.
               (FORMERLY MULTINET INTERNATIONAL CORPORATION, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                             STATEMENT OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                  For the period from
                                                                                                  April 19, 2001 (Date
                                                               For the nine months ended          of Inception) through
                                                            September 30,        September 30,         September 30,
                                                                2003                 2002                  2003
                                                             -----------          -----------          -----------
Cash flows from operating activities:
<S>                                                          <C>                  <C>                  <C>
   Net loss                                                  $  (861,997)         $(1,330,438)         $(3,542,428)
   Adjustments to reconcile net loss to
    net cash used by operating activities:
     Stock based compensation                                    261,611            1,218,135            2,085,224
     Depreciation                                                 26,286               10,107               52,402
     Bad debt related to note receivable                          86,500                   --               86,500
     Bad debt related to due from UniGuest                        25,000                   --               25,000
     Loss related rescission of UniGuest acquisition              24,669                   --               24,669
     Amortization of loan fees                                    82,220                   --               82,220
     Gain on sale of fixed assets                                     --                   --               (1,123)
   Changes in operating assets and liabilities:
     Change in accounts receivable                               (16,402)                  --              (35,702)
     Change in interest receivable                                 4,769               (1,651)                  --
     Change in prepaid expenses                                       --                2,827                   --
     Change in other assets                                           --              (23,565)                  --
     Change in accounts payable and accrued expenses              37,564               48,240              186,093
     Change in stocks payable to consultants                          --             (119,156)                  --
                                                             -----------          -----------          -----------

       Net cash used by operating activities                    (329,780)            (195,501)          (1,037,145)

Cash flows from investing activities:
   Loan related to note receivable                                    --              (46,500)             (66,500)
   Proceeds from sale of fixed assets                                 --                   --                3,950
   Decrease in cash due to rescission of acquisition             (15,432)                  --              (15,432)
   Purchase of fixed assets                                           --              (84,136)            (141,548)
                                                             -----------          -----------          -----------

       Net cash used by investing activities                     (15,432)            (130,636)            (219,530)

Cash flows from financing activities:
   Change in due to stockholder                                  245,092               51,137              610,950
   Advance from loans payable                                     85,000               75,000              185,000
   Advance from convertible loan payable                          10,000                   --               10,000
   Proceeds from issuance of common stock                          3,000              200,000              450,725
                                                             -----------          -----------          -----------

       Net cash provided by financing activities                 343,092              326,137            1,256,675
                                                             -----------          -----------          -----------

Net change in cash                                                (2,120)                  --                   --

Cash, beginning of period                                          2,120                   --                   --
                                                             -----------          -----------          -----------

Cash, end of period                                          $        --          $        --          $        --
                                                             ===========          ===========          ===========

Supplemental disclosure of cash flow information:
   Cash paid for income taxes                                $        --          $        --          $        --
                                                             ===========          ===========          ===========
   Cash paid for interest                                    $        --          $        --          $        --
                                                             ===========          ===========          ===========

Schedule of non-cash financing activities:
   Issuance of common stock for reduction in due to
     stockholder                                             $    58,000          $        --          $    58,000
                                                             ===========          ===========          ===========

   Issuance of common stock related to loan fees             $    58,500          $        --          $    58,500
                                                             ===========          ===========          ===========

   Issuance of common stock related to loan fees             $     8,720          $        --          $     8,720
                                                             ===========          ===========          ===========

   Issuance of warrants for 300,000 shares of common
     stock related to loan fees                              $    15,000          $        --          $    15,000
                                                             ===========          ===========          ===========
</TABLE>

                 See Accompanying Notes to Financial Statements

<PAGE>


                            SHOWINTEL NETWORKS, INC.
               (FORMERLY MULTINET INTERNATIONAL CORPORATION, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)



NOTE 1 - BASIS OF PRESENTATION

The  interim  financial  statements  present the balance  sheet,  statements  of
operations,  stockholders' equity and cash flows of Showintel Networks, Inc. and
its subsidiary.  All significant  intercompany  balances have been eliminated in
consolidation.

The interim  financial  information is unaudited.  In the opinion of management,
all  adjustments  necessary  to present  fairly  the  financial  position  as of
September 30, 2003 and the results of operations and cash flows presented herein
have been included in the consolidated financial statements. Interim results are
not necessarily indicative of results of operations for the full year.

The  accompanying  financial  statements  have been prepared in accordance  with
Securities  and  Exchange   Commission   requirements   for  interim   financial
statements.  Therefore, they do not include all of the information and footnotes
required by accounting  principles  generally  accepted in the United States for
complete  financial  statements.  The  financial  statements  should  be read in
conjunction  with the Form  10-KSB for the year ended  December  31, 2002 of the
Company.

The preparation of financial statements in conformity with accounting principles
generally  accepted in the United States  requires  management to make estimates
and assumptions  that affect 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.

NOTE 2 - GOING CONCERN

The Company incurred a net loss of approximately  $3,542,000 for the period from
April 19, 2001 (Date of Inception)  through  September  30, 2003.  The Company's
current  liabilities  exceed its current assets by approximately  $530,000 as of
September  30,  2003.  The  Company's  net  cash  used by  operating  activities
approximated  $1,037,000  for the period from April 19, 2001 (Date of  Inception
for Showintel  Networks,  Inc.) through September 30, 2003. These factors create
substantial  doubt about the Company's  ability to continue as a going  concern.
The Company's management plans to complete the development of the infrastructure
necessary to deliver the  video-streaming  technology in order to fully commence
its operations and therewith  generate  future  revenues.  The Company will also
seek  additional  sources of capital  through  the  issuance  of debt and equity
financing,  but there can be no assurance that the Company will be successful in
accomplishing its objectives.

The  ability of the  Company to  continue  as a going  concern is  dependent  on
additional  sources  of  capital  and the  success of the  Company's  plan.  The
financial  statements do not include any adjustments  that might be necessary if
the Company is unable to continue as a going concern.


<PAGE>

                            SHOWINTEL NETWORKS, INC.
               (FORMERLY MULTINET INTERNATIONAL CORPORATION, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)


NOTE 3 - RESCISSION OF UNIGUEST ACQUISITION

UniGuest of Tennessee,  Inc. - In September  2002, the Company  acquired 100% of
the outstanding capital stock of UniGuest of Tennessee, Inc. ("UGT Transaction")
in  consideration  of 500,000  shares of the  Company's  common  stock  totaling
$32,500.

The Company accounted for its 100% ownership  interest in UGT using the purchase
method of accounting under APB No. 16. At the date of the acquisition, UGT had a
deficit equity balance  totaling  $4,065  therefore the purchase price amount in
excess of fair value of net assets was allocated to goodwill totaling $36,565.

As discussed in Note 10, due to differences  between  management of UniGuest and
the Company,  the UGT  Transaction  was rescinded and the 500,000  shares of the
Company's common stock that were issued in consideration for the UGT Transaction
were  cancelled  during  October 2003.  The  rescission has been included in the
financial statements as of and for the three and nine months ended September 30,
2003. The Company  removed  approximately  $15,400 in cash,  $35,700 in accounts
receivable,  $5,000 in fixed  assets,  net,  $36,600 in goodwill  and $10,600 in
accounts payable and accrued  liabilities.  As of September 30, 2003 the Company
recorded  Other  receivable  totaling  $32,500  for the common  stock  issued in
consideration for the UGT Transaction.  Further,  the Company  recognized a loss
related to  rescission  of UniGuest  acquisition  totaling  $24,669 and bad debt
related to due from UniGuest totaling $25,000.

NOTE 4 - NOTE RECEIVABLE

On July 16, 2001, the Company entered into an agreement to loan a principal sum,
with a maximum of $500,000, to See/Saw  Communications,  Inc., in exchange for a
convertible  promissory  note,  which  is  convertible  to a  10-15%  membership
interest in the entity. The President of See/Saw Communications,  Inc. serves as
an  Advisory  Board  Member  for the  Company,  see  Note 8. The  percentage  of
membership interest would be determined by the exercise date based upon the loan
amount  outstanding,  with conversion  rights executed before February 22, 2003,
resulting up to a 10% interest and execution after the said date would result up
to a 15% interest. The note is due in yearly anniversary payments of interest at
8% per annum with the outstanding principal due on August 22, 2006.

As of September  2003,  the Company  evaluated the note  receivable and interest
receivable totaling $86,500 and $4,769, respectively, and determined that it was
doubtful that the Company could collect the balances.  Accordingly,  the Company
recorded bad debt  related to note  receivable  totaling  $91,269 for the entire
outstanding balance of the note and interest receivable.

NOTE 5 - DUE TO STOCKHOLDER

Due to stockholder  totaling  $190,381 as of September 30, 2003 consisted of the
following:

     Unreimbursed expenses to a stockholder                    15,417

     Loan from the Company's President
      and majority stockholder                                 90,964

     Accrued wages for the Company's
     President and majority stockholder                        84,000
                                                      ---------------
                                                      $       190,381


<PAGE>

                            SHOWINTEL NETWORKS, INC.
               (FORMERLY MULTINET INTERNATIONAL CORPORATION, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 6 - LOANS PAYABLE

In February 2003, the Company  borrowed  funds from a company  totaling  $15,000
maturing June 2004, unsecured, and bearing a simple interest rate of 9%.

In March 2003, the Company borrowed funds from an individual  totaling  $10,000,
which is due on demand, unsecured, and bearing no interest.

During  September  2002, a company alleged it entered into a loan agreement with
the Company during February 2002 totaling  $54,000.  The Company is defending on
the basis the Company issued 89,000 shares of common stock in  consideration  of
this  balance.  The Company is  negotiating  this  balance and has  recognized a
liability of $25,000 as loan payable.

In June 2003, the borrowed  funds from two  individuals  totaling  $60,000 which
matured   September  18,  2003,   unsecured,   and  bearing   interest  at  12%.
Additionally,  the Company issued 650,000 and 200,000 shares of its common stock
and warrants for 300,000 shares of common stock. The shares and warrants related
to these borrowed funds are deemed loan origination fees totaling  $82,220.  The
Company has recorded the issuance of stock and  warrants  totaling  $82,220,  of
which the entire balance has been expensed as of September 30, 2003. The Company
is currently negotiating new terms to these loans.

NOTE 7 - CONVERTIBLE LOAN PAYABLE

In August 2003, the Company borrowed funds from an individual  totaling $10,000,
maturing in August 2004, unsecured,  and bearing interest at 12%. The individual
is entitled to convert all or any portion of the  principal  balance into shares
of the Company's common stock at a conversion price of $0.20 per share. Further,
the individual has the option of receiving  payment of accrued  interest in cash
or 50,000 shares of the Company's common stock.

NOTE 8 - CONSULTING SERVICES

In  September  2002,  the Company  entered into a  consulting  agreement  with a
company  to  provide  investor  relations  for a  period  of  twelve  months  in
consideration  of 300,000  shares of the Company's  common stock and warrants to
purchase  200,000 shares of common stock with an weighted average exercise price
of $0.75. The Company has valued this transaction at $25,000 under SFAS No. 123.
The Company has issued both the common  stocks and warrants as of September  30,
2003. The Company has recorded  expenses of $5,209 and $17,709 for the three and
nine months ended September 30, 2003.

In  September  2002,  the Company  entered into a  consulting  agreement  with a
company to provide  consulting  and public  relations  for a period of  thirteen
months in  consideration  of 200,000  shares of the  Company's  common stock and
warrants to purchase  300,000  shares of common  stock with an weighted  average
exercise  price of $0.75.  The Company has valued  this  transaction  at $25,000
under SFAS No. 123.  The Company has issued both the common  stocks and warrants
as of  September  30,  2003.  The  Company has  recorded  expenses of $5,771 and
$17,309 for the three and nine months ended September 30, 2003.



<PAGE>

                            SHOWINTEL NETWORKS, INC.
               (FORMERLY MULTINET INTERNATIONAL CORPORATION, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)


NOTE 9 - COMMON STOCK

In February  2003,  the Company  issued  177,000  shares of its common stock for
services at $0.11 per share.

In February  2003,  the Company  issued  300,000  shares of its common stock for
services at $0.10 per share.

In March  2003,  the  Company  issued  200,000  shares of its  common  stock for
services at $0.10 per share.

In March 2003,  the Company issued 30,000 shares of its common stock for cash at
$0.10 per share.

In April  2003,  the  Company  issued  580,000  shares  of its  common  stock in
satisfaction of a $58,000 reduction of due to stockholder.

In June 2003,  the  Company  issued  880,000  shares of its common  stock to the
President and majority stockholder for services at $0.11 per share.

In August 2003, the Company issued  1,383,555  shares of its common stock to the
President and majority stockholder for services at $0.04 per share.

NOTE 10 - SUBSEQUENT EVENT

Rescission of Acquisition of UniGuest - Due to differences between management of
UniGuest and the Company,  the UGT  Transaction  was  rescinded  and the 500,000
shares of the Company's common stock that were issued in  consideration  for the
UGT Transaction were cancelled during October 2003.

Agreements with  individual - During October 2003, the Company issued  5,000,000
shares of its common stock to an individual for cash totaling  $150,000 pursuant
to a Common  Stock  Purchase  Agreement  ("Purchase  Agreement").  The  Purchase
Agreement  also  grants  the  individual  an option to  purchase  an  additional
3,333,000 shares of the Company's common stock at $0.03 per share. The option is
fully vested upon grant.  Additionally,  the Purchase Agreement establishes that
the Company and the individual  will enter into an Employment  Agreement,  which
was completed during October 2003.

The Employment  Agreement  became  effective  during  October 2003,  whereby the
Company  employed the individual as an operations  manager for the term of three
years.  The individual is entitled to compensation of $15,000 per month with the
option to receive  payment in the Company's  common stock.  Such shares would be
determined by the bid price on the last day of the month  preceding the date the
salary  was due.  The  Employment  Agreement  terminates  during  October  2006.
However, the Company at its option may terminate the agreement but shall pay the
individual's accrued salary,  unreimbursed  expenses, and all other compensation
and benefits through the first six months or the termination date,  whichever is
greater.

Also during October 2003, the Company  entered into a Consulting  Agreement with
this same individual whereby the individual would provide other services not set
forth in the  Employment  Agreement  in  exchange  for  1,000,000  shares of the
Company's common stock totaling $109,000.  The Consulting  Agreement  terminates
during October 2006.


<PAGE>


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

This report contains  forward-looking  statements  within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Actual results and events could differ materially from those projected,
anticipated,  or implicit, in the forward-looking  statements as a result of the
risk factors set forth below and elsewhere in this report. With the exception of
historical matters,  the matters discussed herein are forward looking statements
that involve risks and uncertainties.  Forward-looking  statements include,  but
are not limited to, the date of  introduction  or  completion  of our  products,
projections  concerning  operations  and available cash flow. Our actual results
could  differ  materially  from the results  discussed  in such  forward-looking
statements.  The following  discussion of our financial condition and results of
operations  should be read in conjunction with our financial  statements and the
related notes thereto appearing elsewhere herein.

The Company
-----------

Founded in February 2000 and  Incorporated  in April 2001,  Showintel  Networks,
Inc.  ("Showintel")  is  a  Nevada-domiciled,  Tennessee-based  publicly  traded
company  (SWNW.OB) that has developed a proprietary  digital  out-of-home  media
network.  The network is centrally  managed and is  applicable  over the growing
digital  signage  industry  in any  location  where a  message  needs  real time
display.

Showintel has developed a proprietary  system to distribute  video content which
may include  advertisement,  movie trailers,  public  information or sponsorship
programming  via  broadband  connection  for  viewing in public  locations.  The
Content Management System ("CMS") developed by Showintel facilitates advertising
and video content to be transmitted  in digital files,  replacing the soon-to-be
antiquated  utilization of photographic  slides,  VCR tape and DVDs. The primary
focus of deployment for Showintel technology is within movie theaters;  however,
Showintel is actively seeking further deployment in other industries.  Showintel
has two types of clients,  the "location partner," and the advertiser who wishes
to reach the patrons that visit the location partner's venues.

The  Company  has  current in ten theater  locations  across the  country,  with
ongoing negotiations to secure an additional 800 theater facilities and numerous
retail locations. Further, Showintel has executed co-marketing and joint venture
agreements with strategic partners that augment its own sales and marketing team
and that enables the company to simultaneously penetrate additional markets. The
company  is also  pursuing  opportunities  to  expand  into  other  markets  via
acquisitions of synergetic companies.


<PAGE>

Showintel is generating revenues by selling and marketing the advertisement that
is  displayed on its network,  licensing  of its content  management  system and
sales of proprietary hardware.  Recent developments have provided  opportunities
for Showintel to market its proprietary hardware, network installations, network
operations and content  management as an  application  service  provider.  These
potential sales will not require capital outlays by Showintel.

Primary Market for Showintel Networks,  Inc. and Industry Conditions for Theater
Installations  According to the Motion Picture Association,  in 2002 the theater
market  encompassed  6,050  separate  locations  in the United  States  with 487
separate owners. There were 35,280 screens in these locations, of which only 124
were equipped  with digital  projection.  Over $15 billion  dollars was spent in
2002 on  advertising  in the  theater  with most of the revenue  generated  from
on-screen ad placement.  The lobby presentation of advertising is in its infancy
with less than $50 million in total revenue in 2002.

The System was originally  developed to digitally  distribute  advertisement and
movie trailers via broadband  connection  for viewing in movie theater  lobbies.
The  Content  Management  System  ("CMS")  developed  by  Showintel  facilitates
advertising  and trailer  content by the  transmission  of digital  files,  thus
replacing the soon-to-be  antiquated  methodology of photographic  slides and/or
VCR  tape.  While  Showintel  is  focused  on  the  theater  industry,   various
opportunities have recently surfaced to allow a diversification into the several
other   industries.   Such   diversification   should  stabilize  the  business.
Additionally,  the  Company  is  seeking  to  develop  programming  specific  to
Showintel to enhance the viewership and entertainment value of the content being
displayed in the public venues.

The Showintel  network  replaces the old loop technology that uses VCR tapes and
DVDs running in  continuous  loops.  Traditionally,  content  providers  such as
producers and  advertisers  must present their  materials to a production  house
30-60 days in advance of a showing. The content must be incorporated into a play
list  showing  all the subject  matter to be  displayed  during a specific  time
frame. Once the play list is completed and the master file edited, the master is
sent to a production house to be reproduced into VHS or DVD format and then sent
out to the various businesses to be played on the house VCR or DVD player.


BUSINESS RISKS
--------------

Availability of Capital
-----------------------


<PAGE>

While the content  management system is functional,  there are no assurances the
Company will be successful in penetrating  the target  markets.  Due to low cash
reserves,  additional  funds are required within the next few months to complete
installation  of equipment needs at the sites under contract in order to proceed
with the company's  business plan. The Company  intends to rise funding  through
various  financial  arrangements  in debt or equity.  There is no guarantee that
additional  financing will be available  when required,  or available at all, in
order to proceed  with the  business  plan.  If the Company is  unsuccessful  in
securing  additional  capital  investments  needed  in  order to  continue  with
operations, the stockholders may lose their entire investment.

Change in Technology Environment and Access
-------------------------------------------

The  Company  is  utilizing  existing  and  self  developed  technology  for its
operations.  The  Company  has  developed  software  and  systems to  compliment
existing  technology  and provide  flexibility if existing  technology  changes.
There is no assurance  that the existing  technology  will perform in a standard
sufficient  for the Company to maintain  competitiveness  or be available at the
time the company  anticipates a need. The Company is addressing these matters by
negotiating  proprietary  development ventures with industry leaders in software
and hardware development for the digital signage industry.

Competition
-----------
The  Company  recognizes  that  delays  in  funding  have  created  a window  of
opportunity  for  potential  competitors  to  establish   relationships  in  the
industry. A continued delay in funding increases the likelihood that competitors
may increase  market share  sufficiently to diminish the capacity of the Company
to  operate  profitably.  However,  the  company  is  addressing  the  potential
competition by negotiating with potential joint venture partners for proprietary
programming,  equipment and systems that promises to be the forefront efforts in
the industry.


Control by Officers and Directors Over Affairs of Showintel May Override  Wishes
--------------------------------------------------------------------------------
of Other Stockholders.
---------------------

The  Company's   officer  and  director,   David  V.  Lott,   beneficially   own
approximately  57% of the  outstanding  shares of Showintel  common stock.  As a
result,  Mr.  Lott has the ability to exercise  significant  influence  over all
matters requiring stockholder approval.  Accordingly,  it could be difficult for
investors to  effectuate  control over the affairs of Showintel.  Therefore,  it
should be assumed that David V. Lott, by virtue of his stock  holdings,  will be
able to control the affairs and policies of Showintel.

In addition,  all decisions  with respect to the management of Showintel will be
made  exclusively by David V. Lott.  Investors will only have rights  associated
with  stockholders  to  make  decisions  effecting  Showintel.  The  success  of
Showintel,  to a large  extent,  will depend on the quality of the directors and
officers of Showintel. Accordingly, no person should invest in the shares unless
he is willing  to entrust  all  aspects of  management  to David V. Lott and any
future officers and directors.


<PAGE>

Showintel As A Company
--------------------------------------------------------------------------------
Showintel  has had  limited  operations  since its  organization,  however,  the
company is starting to realize  revenues from  operations.  The Company is still
considered  a  development  stage  company in that  significant  market share or
revenues  have not been  obtained as of this filing.  The revenue has grown on a
quarterly  basis and company  believes that cash flow will soon be sufficient to
handle the company  operations and growth  without  additional  outside  capital
infusion.


Limitations  on Liability,  and  Indemnification,  of Directors and Officers May
--------------------------------------------------------------------------------
Result in Expenditures by Company.
----------------------------------

The articles of incorporation of Showintel  provide that the personal  liability
of a director or officer of  Showintel  to  Showintel  or the  Shareholders  for
damages for breach of fiduciary  duty as a director or officer  shall be limited
to acts or omissions which involve  intentional  misconduct,  fraud or a knowing
violation of law. In addition,  the articles and the bylaws of Showintel provide
for  indemnification  of officers and directors of Showintel.  Also,  the Nevada
Revised  Statutes  provide  for  permissive   indemnification  of  officers  and
directors and Showintel may provide  indemnification under such provisions.  Any
limitation on the liability of any director,  or  indemnification  of directors,
officer,  or employees,  could result in substantial  expenditures being made by
Showintel in covering any liability of such persons or in indemnifying them.

Potential  Conflicts of Interest May Affect Ability of Officers and Directors to
Make Decisions in the Best Interests of Company.
--------------------------------------------------------------------------------

David  Lott may have  other  interests  to which he  devotes  his  time,  either
individually  or through  partnerships  and  corporations in which he has or may
have an interest,  hold an office,  or serve on boards of directors,  and he may
continue to do so notwithstanding the fact that management time may be necessary
to the  business of  Showintel.  As a result,  conflicts  of interest  may exist
between Showintel and David Lott which may not be susceptible to resolution.

In  addition,  conflicts  of  interest  may  arise  in  the  area  of  corporate
opportunities which cannot be resolved through arm's length negotiations. All of
the potential  conflicts of interest  will be resolved only through  exercise of
David  Lott of such  judgment  as is  consistent  with his  fiduciary  duties to
Showintel.

No  Cumulative  Voting May  Affect  Ability of Some  Shareholders  to  Influence
Management of Company.
--------------------------------------------------------------------------------

Holders  of the  shares  of  common  stock  of  Showintel  are not  entitled  to
accumulate their votes for the election of directors or otherwise.  Accordingly,
the  holders of a majority  of the shares  present at a meeting of  shareholders
will be able to  elect  all of the  directors  of  Showintel,  and the  minority
shareholders  will not be able to elect a  representative  to Showintel board of
directors.


<PAGE>

Sale of Shares Eligible For Future Sale Could Adversely Affect the Market Price.
--------------------------------------------------------------------------------

All of the  approximate  17,007,000  shares of common stock which are  currently
held, directly or indirectly,  by management have been issued in reliance on the
private  placement  exemption under the Securities Act of 1933. Such shares will
not be  available  for sale in the open  market  without  separate  registration
except in reliance upon Rule 144 under the  Securities  Act of 1933. In general,
under  Rule 144 a person,  or  persons  whose  shares  are  aggregated,  who has
beneficially owned shares acquired in a non-public  transaction for at least one
year,  including persons who may be deemed affiliates of Showintel,  as defined,
would be entitled to sell within any three- month period a number of shares that
does not  exceed  the  greater  of 1% of the then  outstanding  shares of common
stock,  or the average weekly  reported  trading volume during the four calendar
weeks  preceding  such sale,  provided that current  public  information is then
available.  If a  substantial  number of the shares owned by these  shareholders
were sold  under Rule 144 or a  registered  offering,  the  market  price of the
common stock could be adversely affected.

Company Requires Additional Funding In Order to be Successful.
--------------------------------------------------------------

The company is expecting to generate  sufficient  revenues to cover  operational
expenses in the short term; however, Showintel is seeking three hundred thousand
dollars  ($300,000.00) as a buffer for unexpected  operational  expenses and the
ability to address expansion  opportunities in 2003. Monthly operating costs are
estimated at fifty thousand dollars ($50,000.00),  with installation per theater
ranging  from two  thousand to ten thousand  dollars  ($2,000.00  -  $10,000.00)
depending upon the availability of plasma screens in the theaters.



Employees
---------

As of Sept 30, 2003, the Company had four employees.

David V. Lott, President, has worked full-time since the company's founding.

The Company  hired John Fraier on a two month trial basis on March 15, 2003,  to
provide consulting services in regard to the Company's capitalization structure,
business model evaluation and development,  SEC compliance,  and human resources
development.  Mr.  Fraier was not  retained  after  completion  of the two month
contractual term due to financial  constraints  upon the Company.  Upon securing
additional operational financing,  the Company intends to re-hire Mr. Fraier, as
well as additional employees as needed by company operations.

The Company has hired three support  individuals in IT,  Operations and Finance.
Salaries are being accrued by agreement between the Company and the individuals.
These  individuals  have expressed an interest to convert their accrued salaries
into equity in the company in the near future.


<PAGE>

As an effort to reduce corporate  operational expense, the Company, uses various
outside agencies for sales on an industry standard commission basis.


RESULTS OF OPERATIONS

  A. Results of Operations:

     Revenues
     --------

            Total  revenues  from  operations  decreased to $1,563  during third
quarter 2003.  This  decrease is primarily due to rescission of the  acquisition
agreement  with  UniGuest of Tennessee.  Further,  revenue  generation  has been
hampered  by  the  inability  of  SeeSaw   Communications  to  acquire  national
advertisers for the Showintel  systems.  Effective,  July 27, 2003, the contract
with  SeeSaw  expired  and was not  renewed.  The  company is  generating  sales
internally and has been successful in its first efforts with advertising  spots.
Advertising  revenue  will  begin with the  showing  of the Navy  "Person In Me"
advertisement being shown in selected theaters starting Oct 6, 2003.

            The company has  additionally  expanded its revenue  stream  sources
from  solely   advertising  sales  to  also  include  hardware  sales,   network
installations,  third party content  management and third party  marketing.  The
company  anticipates  that this  inclusion of ASP services will  accelerate  the
company revenue growth and penetration into various markets.

         During the third  quarter  ending Sept 30, 2003,  the Company  realized
proceeds of $98,000 from various activities discussed in the financial notes.

         Expenses
         --------

         Total  expenses from  continuing  operations  were $200,415  during the
third quarter 2003. The expensing of stock options and stock issuance  accounted
for  the  majority  of  this  expense...  The  company  booked  depreciation  of
$12,730.00.   The  company  has  determined   that  the  funds  provided  SeeSaw
Communications  over  the last 2 years  will be  uncollectible.  Therefore,  the
Company  has taken a one time  charge for the loan due in the amount of $91,269.
Also, the Company has adjusted its books to reflect the removal of the assets of
UniGuest  and  one  time  charges  of  $15,400  in  cash,  $35,700  in  accounts
receivables,  $5,000 in fixed assets,  $36,500 in good will, bad debt of $25,000
and rescission loss of $24,669 have been recorded. The Company has also recorded
a  receivable  of $32,500  for the return of stock to the  Company.  The company
continues  to  maintain a tight  control on  expenditures  that are not  capital
related.

         Operating Loss
         --------------


<PAGE>

         On a pre-tax basis, the company had a loss of _$340,311  quarter ending
Sept 30, 2003, from continuing operations. Loss per common share from continuing
operations, basic and diluted, was $.01 per share.

B.       Liquidity and Capital Resources
         -------------------------------

         The Company has incurred substantial losses from continuing operations,
sustained substantial operating cash outflows, and has a working capital deficit
as of Sept 30, 2003. Management believes such losses and negative operating cash
flows will  continue  for the balance of the fiscal  year 2003  unless  adequate
capital funding is obtained. The Company continues to seek additional financing,
however,  there is no assurance the Company will obtain additional  financing or
achieve profitable operations or cash flow in the near future.

         Historically,  the Company has sustained its operations  primarily from
the use of management's  personal  financial  resources.  The Company is seeking
financing from public and private equity or debt offerings. While the Company is
in negotiations  with several sources of funds there have been no commitments to
date.

ITEM 3. CONTROLS AND PROCEDURES

         Based  on the  evaluation  of the  Company's  disclosure  controls  and
procedures  by David V. Lott,  the Company's  President,  as of a date within 90
days of the filing date of this quarterly report, such officer has concluded the
Company's  disclosure  controls and  procedures  are  effective in ensuring that
information  required to be  disclosed by the Company in the reports it files or
submits under the Securities and Exchange Act of 1934, as amended,  is recorded,
processed,  summarized,  and reported,  within the time period  specified by the
Securities and Exchange Commission's rules and forms.

            There were no significant changes in the Company's internal controls
or in other factors that could significantly affect these controls subsequent to
the date of their  evaluation,  including any corrective  actions with regard to
significant deficiencies and material weaknesses.


                           ITEM II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

          The  Company  is  not  aware  of any  pending  litigation  that  would
materially affect the structure or operations of the company.


ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS


<PAGE>

         On August 10, the Company received $10,000 from an investor in the form
of a convertible  note with an expiration  date of Dec 31, 2005 and a conversion
price of $.20 per  share.  The note  bears an annual  interest  rate of 9%.  The
proceeds were used for legal work in preparation for a 15c-211 filing.

         Pursuant to Board  Resolution of August 1, 2003,  the Company agreed to
issue up to 5 million  shares to David V. Lott for services  rendered.  Mr. Lott
has accepted no compensation and has continually  financed the company since its
inception out of personal funds.  The Board has agreed to the additional  shares
to Mr. Lott in consideration  of his support of the company.  As of this filing,
the company has issued 2,813,555 to Mr. Lott.

         In accordance  with the  rescission of the  acquisition  agreement with
UniGuest of Tennessee,  the Company has cancelled  500,000  shares issued to Mr.
Shawn Thomas and Mattamy, LTD.

         A total of two hundred  thousand  shares were issued to two individuals
in accordance with a promissory note between the parties and the company.

         As a matter of clarification,  the Company believes the cancellation of
shares issued into an escrow account with  International  Forex Finance have not
been properly disclosed. In Feb 2002, twenty five million shares of common stock
were placed in escrow with International Forex Finance in advance of anticipated
line of  credit.  A formal  agreement  was  executed  between  the  Company  and
International  Forex  Finance in Sept 2002 to be closed in Oct 2002. At closing,
the terms of the line of credit were  changed  such that the  Company  could not
accept  them.  Therefore,   the  line  of  credit  was  cancelled.  The  Company
subsequently  cancelled  all shares  issued to escrow with  International  Forex
Finance.


ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

N/A

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

         On Sept 19, 2003 the Company filed a Preliminary 14c filing to effect a
name change required per the settlement  between Intel Corporation and Showintel
Networks,  Inc dated Jan 15, 2003.  The Pre14c  filing  stated that the new name
would be Limelight Media Group, Inc.  Subsequently to this quarter,  the Company
has  filed a Final 14c and has made the  necessary  applications  to  officially
change its name, ticker symbol and cusip effective Nov 5, 2003.

ITEM 5.  OTHER INFORMATION

          The exclusive ad agency agreement with SeeSaw  Communications  expired
on July 27, 2003.  The company chose not to extend the contract and is currently
handling advertising sales internally.  The company believes the funds issued to
SeeSaw under a Convertible Note dated July 27, 2001 is uncollectible. Therefore,
the Company is taking a onetime charge to reflect this bad debt.


<PAGE>

         Newbridge  Securities  has filed a Form  15c-211 to seek a relisting of
the Company stock on the Nasdaq Over-the-counter Bulletin Board Market. NASD has
responded with two letters seeking more  information  and is currently  awaiting
this quarterly filing to complete the process of relisting the company stock.

         At the quarterly  Board of Directors  meeting held on Oct 6, 2003,  the
Company  decided it would be in the best interest of the Company and UniGuest of
Tennessee to rescind the acquisition agreement dated Sept 1, 2002 and cancel all
issued shares related to the acquisition.  The Company will be taking a one time
charge for the effect on the Company balance sheet.

         On July  15,  2003,  the  Company  entered  into a  Strategic  Alliance
Agreement  with  Bluepoint  Technologies,  Inc. The Agreement  provides that the
software  of  Bluepoint  Technologies  and the  services of  Showintel  shall be
marketed by  collectively  as an Industry  Partnership  and  Preferred  Provider
Agreement.

         On Sept 15, 2003,  the Company  entered into a Joint Venture  Agreement
with Pot O' Gold  Multi-Cinema  Productions,  Inc. The Joint  Venture shall be a
Tennessee  LLC with the name of Stage Front Media LLC. Pot O' Gold and Showintel
will own an equal  percentage  as  members  of the  LLC.  According  to the LLC,
Showintel will provide technology and content  management  services while Pot O'
Gold will  focus on  advertising  sales.  Pot O' Gold was formed in 1985 and has
been  successful in marketing  advertising  opportunities  in theaters since its
formation.  Under the agreement,  the parties may complete a formal  acquisition
agreement  whereby  once  $200,000 in monthly  gross  revenue is achieved in the
joint  venture  then  Showintel  may  acquire  Pot O'  Gold  as a  wholly  owned
subsidiary via a stock exchange.


ITEM 6.  EXHIBITS AND REPORTS ON FORM 8K

         (a)      Exhibits

         31.1     Certification of David V. Lott

         32.1     Certification of David V. Lott

         99.2     Strategic  Alliance  Agreement between Bluepoint  Technologies
                  and the Company

         99.3     Joint  Venture  Agreement  between  Pot O'  Gold  Multi-Cinema
                  Productions, Inc and the Company.


                                   SIGNATURES

         In  accordance  with  Section  13 or 15(d)  of the  Exchange  Act,  the
registrant  caused  this  report to be signed on its behalf by the  undersigned,
thereunto duly authorized.

                                Showintel Networks, Inc.


                                By /s/ David V. Lott
                                   -----------------------------------------
                                   David V. Lott, Sole Officer and Director.
                                   Date: Oct 30, 2003