UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

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

                         For the quarterly period ended
                               September 30, 2005

                                       or

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

                        For the transition period from to

                         Commission file number 0-28955

                            SYNDICATION NET.COM, INC.
             (Exact name of registrant as specified in its charter)



         Delaware                                            57-2218873
        ----------                                           -----------
(State or other jurisdiction of                          (I.R.S. Employer
incorporation or organization)                           Identification No.)

                              1250 24th Street, NW
                                    Suite 300
                             Washington, D.C. 20037
               (Address of principal executive offices (zip code))

                                 (202) 467-2788
              (Registrant's telephone number, including area code)


Indicate by check mark whether the registrant (1) filed all reports required to
be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the last 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days. Yes [x] No [_]

INDICATE BY CHECK MARK WHETHER THE REGISTRANT IS A SHELL COMPANY (AS DEFINED IN
RULE 12B-2 OF THE EXCHANGE ACT) YES | | NO |X|

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

At November 17, 2005, there were 34,631,211 shares of common stock, $0.0001 par
value per share, issued and outstanding.

TRANSITIONAL SMALL BUSINESS DISCLOSURE FORMAT (CHECK ONE) YES | | NO |X|

<PAGE>

PART I -- FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS


<PAGE>










                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (A Development Stage Company)

                        CONSOLIDATED FINANCIAL STATEMENTS

                    September 30, 2005 and December 31, 2004



<PAGE>





                    SYNDICATION NET. COM, INC. AND SUBSIDIARY
                          (A Development Stage Company)
                           Consolidated Balance Sheets

                                     ASSETS

                                                         Sept 30,   December 31,
                                                           2005          2004
                                                         --------      --------
                                                       (Unaudited)

CURRENT ASSETS

   Cash                                                  $ 43,581      $ 14,041
                                                         --------      --------
   N/R - Related Party
     TSMT                                                  69,144          --
   Interest on N/R - Related Party                          3,801          --
   Accounts Receivable                                     20,025          --
                                                         --------      --------

     Total Current Assets                                  92,970          --
                                                         --------      --------


OTHER ASSETS

Investment in Tri State Metro
   Territories LLC - Related party                         80,101          --
Investment in Texas Real Estate Project                     3,020          --
Deferred acquisition costs                                   --           7,000
                                                         --------      --------

     Total Other Assets                                    83,121         7,000
                                                         --------      --------

     TOTAL ASSETS                                        $219,672      $ 21,041
                                                         ========      ========



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

                                        2

<PAGE>


                    SYNDICATION NET. COM, INC. AND SUBSIDIARY
                          (A Development Stage Company)
                     Consolidated Balance Sheets (Continued)

                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

<TABLE>
<CAPTION>
                                                               September 30,      December 31,
                                                                   2005               2004
                                                                -----------       -----------
                                                               (Unaudited)

CURRENT LIABILITIES
<S>                                                             <C>               <C>
   Accounts payable                                             $    82,881       $   324,524
   Accounts payable - related party                                    --               2,000
   Note payable - related party                                     361,830           361,830
   Interest payable - related party                                  73,088            40,163
   Note payable                                                     576,761           140,511
   Interest payable                                                  65,939            37,907
   Convertible debenture                                            190,000           200,000
   Interest payable - convertible debenture                          13,469             6,028
   Accrued directors fees                                            54,084            44,000
                                                                -----------       -----------

     Total Current Liabilities                                    1,418,052         1,156,963
                                                                -----------       -----------
COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY (DEFICIT)

   Preferred stock: 20,000,000 shares authorized of
    $0.0001 par value, no shares issued and outstanding                --                --

   Common stock: 100,000,000 shares authorized of $0.0001
    par value, 16,775,959 and 15,365,088 shares issued and
    outstanding respectively                                          1,675             1,536
   Additional paid-in capital                                     3,633,240         3,558,379
   Deferred fees                                                   (107,500)         (190,000)
   Deficit accumulated prior to the development stage            (2,231,519)       (2,231,519)
   Deficit accumulated during the development stage              (2,494,276)       (2,274,319)
                                                                -----------       -----------

     Total Stockholders' Equity (Deficit)                        (1,198,380)       (1,135,923)
                                                                -----------       -----------

     TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
       (DEFICIT)                                                $   219,672       $    21,041
                                                                ===========       ===========
</TABLE>

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

                                        3

<PAGE>

                    SYNDICATION NET. COM, INC. AND SUBSIDIARY
                          (A Development Stage Company)
                      Consolidated Statements of Operations
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                                  From inception
                                                                                                                      of the
                                                                                                                    Development
                                      For the Three Months Ended               For the Nine Months Ended              stage on
                                            September 30,                           September 30,                 January 1, 2004
                                 -----------------------------------   --------------------------------------         through
                                        2005               2004               2005                 2004          September 30, 2005
                                -----------------   ----------------   ------------------   ------------------   -----------------
<S>                             <C>                 <C>                <C>                  <C>                  <C>
CONSULTING REVENUE              $          23,675   $             --   $           23,675   $               --   $          23,675

Cost of goods sold                         23,655                 --               23,655                   --              23,655
                                -----------------   ----------------   ------------------   ------------------   -----------------

Gross profit                                   20                 --                   20                   --                  20
                                -----------------   ----------------   ------------------   ------------------   -----------------
OPERATING EXPENSES

General and administrative                 47,919             79,014              234,646              242,068             554,739
Bad debt expense (recovery)               (48,831)                 0                    -                   --             278,186
Consulting                                 33,102            152,400              173,717              692,900           1,454,717
                                -----------------   ----------------   ------------------   ------------------   -----------------

Total Operating Expenses                   32,190            231,414              408,363              934,968           2,289,642
                                -----------------   ----------------   ------------------   ------------------   -----------------

OPERATING LOSS                            (32,170)          (231,414)            (408,343)            (934,968)         (2,287,642)
                                -----------------   ----------------   ------------------   ------------------   -----------------
OTHER INCOME (EXPENSES)

Interest income                             3,801              3,945                3,801                8,370               3,801
Other Income                              255,000                  0              255,000                    0             255,000
Gain (Loss) on investment                  61,962                  -               (8,038)                 --             (284,469)
Interest expense                          (13,134)           (27,996)             (62,377)             (60,477)           (180,986)
                                -----------------   ----------------   ------------------   ------------------   -----------------

Total Other Income (Expenses)             307,629            (24,051)             188,386              (52,108)           (206,654)
                                -----------------   ----------------   ------------------   ------------------   -----------------

INCOME (LOSS) BEFORE INCOME
  TAXES                                   275,459           (255,465)            (219,957)            (987,076)         (2,494,276)
                                -----------------   ----------------   ------------------   ------------------   -----------------

INCOME TAX EXPENSE                             --                 --                   --                   --                  --
                                -----------------   ----------------   ------------------   ------------------   -----------------

NET INCOME (LOSS)               $         275,459   $      (255,465)   $         (219,957)  $         (987,076)  $      (2,494,276)
                                =================   ================   ------------------   ==================   =================

BASIC INCOME (LOSS) PER SHARE

Income (Loss) before
discontinued operations         $            0.02   $         (0.05)  $            (0.02) $            (0.06)
                                -----------------   ----------------   ------------------   ------------------

Total Income (Loss) Per Share   $            0.02   $         (0.05)   $           (0.02)  $            (0.06)
                                =================   ================   ==================   ==================
WEIGHTED AVERAGE
NUMBER OF SHARES
OUTSTANDING                            15,810,298         13,184,264           15,599,500           12,688,192
                                =================   ================   ==================   ==================
</TABLE>


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

                                        4

<PAGE>

                    SYNDICATION NET. COM, INC. AND SUBSIDIARY
                          (A Development Stage Company)
                      Consolidated Statements of Cash Flows
                                   (Unaudited)
<TABLE>
<CAPTION>
                                                                                                 From Inception
                                                                                                     of the
                                                                                                   Development
                                                              For the Nine Months Ended             Stage on
                                                                    September 30,                January 1, 2004
                                                       --------------------------------------        Through
                                                             2005                 2004             Sept 30, 2005
                                                       ------------------  ------------------ ------------------

CASH FLOWS FROM OPERATING ACTIVITIES
<S>                                                    <C>                 <C>                 <C>
   Net Income/(Loss)                                   $         (219,957) $         (987,076) $      (2,494,276)
   Adjustments to reconcile net loss to net cash
   provided (used) in operating activities:
     Common Stock issued for services                                   -             962,250          1,182,750
     Amortization of deferred fees                                      -              15,500            406,000
     Unearned compensation                                         82,500                   -             82,500
     Bad debt expense                                                   -                   -            278,187
     Gain on release of debt                                     (250,000)                  -           (250,000)
     Loss on investment value                                           -                   -            276,431
   Changes in operating assets and liabilities:
     (Increase) in accounts receivable                            (20,025)                  -            (20,025)
     (Increase) in interest receivable - related party             (3,801)            (13,156)            (3,801)
     Increase (decrease) in accounts payable                        6,356              18,418             24,872
     Increase in accounts payable - related party                       -                   -              1,000
     Increase in interest payable - related party                  32,924             (6,372)             40,122
     Increase in interest payable - others                         28,032              18,230             28,032
     Increase in accrued expenses                                  17,526              26,750             56,167
     Increase in accrued expenses - related party                       -                   -             32,000
                                                       ------------------  ------------------  -----------------
       Net Cash Provided (Used) in Operating
        Activities                                               (326,445)             34,544           (360,041)
                                                       ------------------  ------------------  -----------------
CASH FLOWS FROM INVESTING ACTIVITIES

     Increase in notes receivable - related party                       -                   -           (278,187)
     Increase in investments - related                            (80,101)           (276,431)          (356,532)
     Increase in deferred acquisition costs                         3,980                   -             (3,020)
                                                       ------------------ -------------------  -----------------

       Net Cash Used in Investing Activities                      (76,121)           (276,431)          (637,739)
                                                       ------------------  ------------------  -----------------
CASH FLOWS FROM FINANCING ACTIVITIES

     Stock issued for cash                                              -              50,000             50,000
     Increase in notes payable                                    530,000             150,500            737,500
     Payments on notes payable                                    (28,750)            (30,000)          (125,739)
     Increase in convertible debenture                                  -             200,000            200,000
     Increase in notes payable - related party                          -              92,900            272,990
     Payments on notes payable - related party                                                           (24,260)
     Increase in notes receivable - related party                 (69,144)           (221,526)           (69,144)
                                                       ------------------  ------------------  -----------------

       Net Cash Provided by Financing Activities                  432,106             241,874          1,041,347
                                                       ------------------  ------------------  -----------------

NET INCREASE IN CASH                                               29,540                 (13)            43,567

CASH, BEGINNING OF PERIOD                                          14,041                  14                 14
                                                       ------------------  ------------------  -----------------

CASH, END OF PERIOD                                    $           43,581  $                1  $          43,581
                                                       ==================  ==================  =================
</TABLE>

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

                                        5
<PAGE>

                    SYNDICATION NET. COM, INC. AND SUBSIDIARY
                          (A Development Stage Company)
                Consolidated Statements of Cash Flows (Continued)
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                     From Inception
                                                                                         of the
                                                                                      Development
                                                         For the Nine Months Ended      Stage on
                                                                 September 30,      January 1, 2004
                                                       ----------------------------     Through
                                                             2005           2004     Sept 30, 2005
                                                       ----------      ------------ --------------

SUPPLEMENTAL CASH FLOW INFORMATION

Cash Payments For:

<S>                                                    <C>             <C>            <C>
   Income taxes                                        $        -      $          -
   Interest                                            $        -      $     11,370   $     11,370

Non-Cash Financing Activities

   Common stock issued for deferred fees               $        -      $    264,000   $    304,000
   Common stock issued for converting N/P              $   65,000      $          -   $     65,000
   Common stock issued for converting Debt             $   10,000      $              $     10,000
   Common stock issued for services                                    $    962,250   $  1,182,750
</TABLE>




















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

                                        6

<PAGE>

                    SYNDICATION NET. COM, INC. AND SUBSIDIARY
                          (A Development Stage Company)
                 Notes to the Consolidated Financial Statements
                    September 30, 2005 and December 31, 2004

NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION

         The accompanying unaudited consolidated financial statements have been
         prepared by the Company pursuant to the rules and regulations of the
         Securities and Exchange Commission. Certain information and footnote
         disclosures normally included in financial statements prepared in
         accordance with accounting principles generally accepted in the United
         States of America have been or omitted in accordance with such rules
         and regulations. The information furnished in the interim consolidated
         financial statements include normal recurring adjustments and reflects
         all adjustments, which, in the opinion of management, are necessary for
         a fair presentation of such consolidated financial statements. Although
         management believes the disclosures and information presented are
         adequate to make the information not misleading, it is suggested that
         these interim consolidated financial statements be read in conjunction
         with the Company's most recent audited consolidated financial
         statements and notes thereto included in its December 31, 2004 Annual
         Report on Form 10-KSB. Operating results for the three and nine months
         ended September 30, 2005 are not necessarily indicative of the results
         that may be expected for the year ending December 31, 2005.

NOTE 2 - GOING CONCERN

         The Company's consolidated financial statements are prepared using
         accounting principals generally accepted in the Unites States of
         America applicable to a going concern which contemplates the
         realization of assets and liquidation of liabilities in the normal
         course of business. During the quarter ended September 30, 2005 the
         Company engaged in a strategy of traditional growth by creating and
         launching HTRG & Associates as a wholly owned subsidiary. In the next
         12 months, it is our intention to continue to pursue a growth strategy
         by way of merger and acquisition but, anticipate that the subsidiary
         will provide traditional style revenue and income as a complement to
         the overall execution of our business plan. If necessary, the Company
         will exercise its option to finance operations through debt and or the
         issuance of capital stock for services and working capital. There is no
         assurance that the Company will be successful in its acquisition
         efforts or in raising the needed capital.

NOTE 3 - SIGNIFICANT EVENTS

         HTRG & Associates LLC

         During the 3rd Quarter the company launched HTRG & Associates LLC as a
         wholly owned subsidiary that will specialize in the real estate
         appraisal business. The Company brought on Thomas Gibbs as the
         President to run the daily operations of the organization. Mr. Gibbs is
         also the sole owner of a consulting company named HTRG Consulting that
         has done specific consulting work for the company in the year of 1999
         in efforts to develop and launch HCX The haircolorxperts. The Company
         has not settled with Mr. Gibbs on the terms of his employment contract
         at this time but, expects to in the near future. The nature of the
         relationship is to leverage the company's activities from the real
         estate appraisal business into real estate development. The Company
         will establish a formal employment contract in relation to the real
         estate development projects that it chooses to engage.


                                        7

<PAGE>

                    SYNDICATION NET. COM, INC. AND SUBSIDIARY
                          (A Development Stage Company)
                 Notes to the Consolidated Financial Statements
                    September 30, 2005 and December 31, 2004

NOTE 3 - SIGNIFICANT EVENTS (Continued)

         Tri-State Metro Territories LLC - Related Party

         During the quarter ended September 30, 2005, the Company increased its
         investment in Tri State Metro Territories, LLC (TSMT) by $10,101, which
         equals an increase in the ownership of TSMT by approximately 1/2%, up
         from 12.21% to 12.75%. Also, the Company loaned an additional $20,313
         to TSMT. Mr. Sorrentino, a greater than 10% shareholder of the Company,
         has resigned as the managing member of TSMT.

         New Age Systems Inc (NAS Inc)

         During the quarter ended September 30, 2005, the Company discontinued
         negotiations to acquire New Age Systems Inc (NAS Inc).

         Conversion of Debenture and Note Payable

         During the quarter ended September 30, 2005, the Company converted part
         of Convertible Debenture and part of Note Payable to Cornell Capital at
         the prevailing market rates as below:

         Date of Conversion  No of Shares      $ Amount         Type of Loan

         07/05/2005                204,082     $ 10,000         Note Payable
         09/19/2005                243,902     $ 10,000         Note Payable
         09/26/2005                776,398     $ 25,000         Note Payable












                                        8

<PAGE>

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

FORWARD-LOOKING STATEMENTS

The information in this registration statement contains forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. This Act provides a "safe harbor" for forward-looking statements to
encourage companies to provide prospective information about themselves so long
as they identify these statements as forward looking and provide meaningful
cautionary statements identifying important factors that could cause actual
results to differ from the projected results. All statements other than
statements of historical fact made in this registration statement are forward
looking. In particular, the statements herein regarding industry prospects and
future results of operations or financial position are forward-looking
statements. Forward-looking statements reflect management's current expectations
and are inherently uncertain. Our actual results may differ significantly from
management's expectations.

The following discussion and analysis should be read in conjunction with our
financial statements and summary of selected financial data, included herewith.
This discussion should not be construed to imply that the results discussed
herein will necessarily continue into the future, or that any conclusion reached
herein will necessarily be indicative of actual operating results in the future.
Such discussion represents only the best present assessment of our management.

GENERAL

We are a consulting company formed to acquire controlling interests in or to
participate in the creation of, and to provide financial, management and
technical support to, development stage businesses. Our strategy is to integrate
affiliated companies into a network and to actively develop the business
strategies, operations and management teams of the affiliated entities.

It is the intent of our board of directors to develop and exploit all business
opportunities to increase efficiencies between companies with which we may
invest in or consult. In addition, we may acquire companies to be held as wholly
owned subsidiaries.

We had one wholly owned subsidiary, Kemper Pressure Treated Forest Products,
Inc. Kemper was engaged in the retail brokerage business of preservative treated
lumber such as utility poles, bridge pilings, timber and guardrail posts. Kemper
had one customer and as a result of limited revenue we elected to wind down
Kemper's operations during the fourth quarter of 2003. We have changed our focus
and growth efforts towards our consulting business and/or the acquisition of an
operating development company.

On November 10, 2003, we entered into a Letter of Intent with Tri State
Metro-Territories, LLC (Tri-State) to acquire substantially all of the assets of
Tri-State. Brian Sorrentino, a major shareholder, director and an executive
officer of our company, is a 10% shareholder and has resigned as the managing
member of Tri State. Additionally. Mark Solomon, who serves as a member of our
Board of Directors and is a shareholder of our company also is a member of
Tri-State. Dale Hill, is a shareholder of our company and is also a member of
Tri-State. Tri State is in the business of selling franchised hair coloring
salon units under the name of "HCX the haircolorxperts". The assets being
negotiated by us include the exclusive rights to develop the franchise chain of
"HCX Tri-State Metro Territories LLC" in the District of Columbia and Maryland
area as well as the interest in the prototype HCX Salons located in Columbia
Maryland and Washington, DC. The Company has loaned Tri-State approximately
$198,000 in connection with Tri-State's opening of its prototype salon in
Washington, DC.

On March 18, 2004, we entered into privately negotiated exchange agreements to
exchange 355,000 restricted shares of its common stock for 8% of membership
interests of Tri-State. In addition, from September 2004 through September 2005
we entered purchase agreements resulting in the Company owning 12.75% of
membership interests of Tri-State. Although it is our intent to acquire all the
assets of Tri-State, the specific terms and the evaluations of the potential
transaction have not yet been finalized and the pending audited financial
statements of Tri-State are a requirement for completion of that transaction.
The transaction is also subject to customary closing conditions, including but
not limited to the receipt of all definitive documents, valuations, consents,
and approvals. There can be no assurance as to whether or when the transaction
will close.

On September 14, 2004, the Company entered into a letter of intent with the
shareholders of New Age Systems, Inc. ("New Age") in which the Company agreed to
acquire 100% of New Age's outstanding securities from New Age's shareholders. In
the 3rd Quarter the Company has discontinued its negotiations to acquire New
Age. In addition, during the 3rd quarter of 2005, Mr. Sorrentino resigned as an
Executive Vice President of New Age.

During the 3rd Quarter, the Company launched HTRG & Associates LLC ("HTRG") as a
wholly owned subsidiary that will specialize in the real estate appraisal
business. The Company brought on Thomas Gibbs as the President of HTRG to run
the daily operations of the organization. Mr. Gibbs is also the sole owner of a
consulting company named HTRG Consulting that has done specific consulting work
for the company in the year of 1999 in efforts to develop and launch HCX The
haircolorxperts. The Company has not settled with Mr. Gibbs on the terms of his
employment contract at this time. The nature of the relationship is to leverage
the Company's activities from the real estate appraisal business into real
estate development. The Company will establish a formal employment contract in
relation to the real estate development projects that it chooses to engage.

THREE MONTHS ENDED SEPTEMBER 30, 2005 COMPARED TO THREE MONTHS ENDED SEPTEMBER
30, 2004

<PAGE>

         For the three months ended September 30, 2005 we had revenues of
$23,675 as compared to none for the three months ended September 30, 2004. The
increase in revenue is primarily attributed to the revenues generated from the
1st month of operations produced from HTRG & Associates.

         The operating expenses for the three months ended September 30, 2005
decreased by $199,224 to $32,190 for the three months ended September 30, 2005
from $231,414 for the three months ended September 30, 2004. Our operating
expenses consist of general and administrative expenses and consulting fees. The
reason for the decrease primarily relates to a decrease in the issuance of
shares for consulting services.

         The net income for the three months ended September 30, 2005 was
$275,459 compared to a net loss of $255,465 for the three months ended September
30, 2004. The primary reasons for the decrease in net loss was decreases in
expenses and recognition of other income in the amount of $255,000 related to
the positive reclassification of investments, loans and interest due from
Tri-State Metro Territories and the recognition by the Company of a $250,000
relief of debt.

Liquidity and Capital Resources

         Total current liabilities at September 30, 2005 were $1,418,052.

         We have historically incurred losses. For the three months ended
September 30, 2005, we had a operating loss of $32,170. On June 15, 2004, we
entered into a Standby Equity Distribution Agreement with Cornell Capital
Partners, L.P. Pursuant to the Standby Equity Distribution Agreement, we may, at
our discretion, periodically sell to Cornell Capital Partners shares of common
stock for a total purchase price of up to $10,000,000. For each share of common
stock purchased under the Standby Equity Distribution Agreement, Cornell Capital
Partners will pay 98% of the lowest volume weighted average price of the common
stock during the five consecutive trading days immediately following the notice
date. In addition, Cornell Capital Partners will retain 5% of each advance under
the Standby Equity Distribution Agreement. For example, assuming that the 98% of
lowest volume weighted average price of our common stock during the five
consecutive trading days immediately following a notice date is $.245, if we
request an advance in the amount of $200,000, Cornell Capital will be entitled
to the following:

         o     $10,000, which represents the 5% commitment fee; and

         o     816,327 shares of our common stock, which is calculated by
                dividing $200,000 by $.245.

         Cornell Capital Partners is restricted from owing in excess of 9.9% of
our outstanding common stock. In the event that Cornell Capital Partners is
unable to sell shares of common stock that it acquires under the Standby Equity
Distribution Agreement and its ownership equals 9.9% of the our outstanding,
then we will not be able to draw down money under the Standby Distribution
Agreement. Cornell Capital Partners is a private limited partnership whose
business operations are conducted through its general partner, Yorkville
Advisors, LLC. In addition, we engaged Newbridge Securities Corporation, a
registered broker-dealer, to advise us in connection with the Standby Equity
Distribution Agreement. For its services, Newbridge Securities Corporation
received 40,000 shares of our common stock.

         On June 15, 2004, we entered into a Securities Purchase Agreement
whereby we issued $200,000 in convertible debentures to Cornell Capital
Partners, L.P. of which $50,000 was received by us on June 15, 2004 and $150,000
was received by us on July 9, 2004. The debentures bear interest at 5%, mature
three years from the date of issuance, and are convertible into our common
stock, at the holder's option, at the lower of: (i) $.42; or (ii) eighty percent
(80%) of the lowest volume weighted average price of the common stock for the
five (5) trading days immediately preceding the conversion date. The issuance of
the convertible debenture has resulted in the creation of a liability. However,
we believe, although we cannot provide guarantees, that the convertible
debenture will be converted by Cornell Capital into shares of our common stock
thereby not impacting our cash position. In the event that Cornell Capital does
not convert the debenture to shares, then we will be required to repay the
principal and interest on the debenture, which will have a negative impact on
our liquidity.

         Our future revenues and profits, if any, will depend upon various
factors, including the following:

         o     whether we will be able to effectively evaluate the overall
               quality and industry expertise of potential acquisition
               candidates;

         o     whether we will have the funds to provide seed capital and
               mezzanine financing to brick-and-mortar, e-commerce and
               Internet-related companies; and

         o     whether we can develop and implement business models that will
               enable growth companies to develop.

         We may not be able to effect any acquisitions of or investments in
development stage companies if we are unable to secure sufficient funds to
finance our proposed acquisitions costs. We expect that our current cash and
cash equivalents will allow us to continue our current operation for six months.
If we are unable to generate additional revenues or secure financings, we may be
forced to cease or curtail operations.

         We intend for our management team to identify companies that are
positioned to succeed and to assist those companies with financial, managerial
and technical support. Over the next 12 months, we intend to increase revenue
and gross profit margin by focusing and expanding its consulting services and
seeking acquisition candidates. It is management's belief that potential
acquisition targets can be better identified and assessed for risk if we first
become involved with these candidates on a consulting capacity. Our strategy is
to integrate affiliated companies into a network and to actively develop the
business strategies, operations and management teams of the affiliated entities.
We have

<PAGE>

decided to engage in the acquisition phase of our business plan. To that end, we
expanded our relationship with HCX Tri-State Metro Territories and on November
7, 2003 executed a Letter of Intent pursuant to which we will acquire
substantially all of the assets of Tri State. Tri State is in the business of
selling franchised hair coloring salon units under the name of "HCX the
haircolorxperts". The closing of this acquisition is subject to the entering of
final definitive agreements and the performance of customary due diligence.

         Accept as it relates to the staffing of HTRG & Associates, we do not
foresee any significant changes in the number of our employees over the next
twelve months except in the event we finalize our acquisition of the assets of
Tri-State or complete any other acquisitions which would require us to hire
additional employees related to that business.

         We have not paid dividends on our common stock, and intend to reinvest
our earnings to support our working capital and expansion requirements. We
intend to continue to utilize our earnings in the development and expansion of
the business and do not expect to pay cash dividends in the foreseeable future.
It is the belief of management that as we move toward an active trading status
the ability to raise capital by stock issuance to effect our business plan is
enhanced.

         We do not expect to sell any manufacturing facilities or significant
equipment over the next twelve months except within the demands of potential
acquisitions that we may pursue.

Off-Balance Sheet Arrangements

         We have no off-balance sheet arrangements that have or are reasonably
likely to have a current or future material effect on us.

ITEM 3. CONTROLS AND PROCEDURES

         As of the end of the period covered by this report, we conducted an
evaluation, under the supervision and with the participation of our chief
executive officer and chief financial officer of our disclosure controls and
procedures (as defined in Rule 13a-15(e) and Rule 15d-15(e) of the Exchange
Act). Based upon this evaluation, our chief executive officer and chief
financial officer concluded that our disclosure controls and procedures are
effective to ensure that information required to be disclosed by us in the
reports that we file or submit under the Exchange Act is recorded, processed,
summarized and reported, within the time periods specified in the Commission's
rules and forms. There was no change in our internal controls or in other
factors that could affect these controls during our last fiscal quarter that has
materially affected, or is reasonably likely to materially affect, our internal
control over financial reporting.

<PAGE>

                           PART 2 - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

         From time to time, the Company may become involved in various lawsuits
and legal proceedings which arise in the ordinary course of business. However,
litigation is subject to inherent uncertainties, and an adverse result in these
or other matters may arise from time to time that may harm the Company's
business.The Company is currently not aware of nor has any knowledge of any such
legal proceedings or claims that we believe will have, individually or in the
aggregate, a material adverse affect on our business, financial condition or
operating results.

ITEM 2. ISSUANCE OF UNREGISTERED SECURITIES AND USE OF PROCEEDS

We have not issued unregistered securities during the period ended September 30,
2005.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES:

Not Applicable

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

Not Applicable

ITEM 5. OTHER INFORMATION

During the quarter ended September 30, 2005, the Company increased its
investment in Tri State Metro Territories, LLC by approximately 1/2%, up
from 12.21% to 12.75%.

During the 3rd Quarter, the Company launched HTRG & Associates LLC ("HTRG")as a
wholly owned subsidiary that will specialize in the real estate appraisal
business. The Company brought on Thomas Gibbs as the President of HTRG to run
the daily operations of the organization. Mr. Gibbs is also the sole owner of a
consulting company named HTRG Consulting that has done specific consulting work
for the company in the year of 1999 in efforts to develop and launch HCX The
haircolorxperts. The Company has not settled with Mr. Gibbs on the terms of his
employment contract at this time. The nature of the relationship is to leverage
the Company's activities from the real estate appraisal business into real
estate development. The Company will establish a formal employment contract in
relation to the real estate development projects that it chooses to engage.


ITEM 6. EXHIBITS

31.1  Certification by the Chief Executive Officer Pursuant to Section 302 of
      the Sarbanes-Oxley Act of 2002.

31.2  Certification by the Chief Financial Officer Pursuant to Section 302 of
      the Sarbanes-Oxley Act of 2002.

32.1  Certification by the Chief Executive Officer Pursuant to 18 U.S.C. Section
      1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of
      2002.

32.2  Certification by the Chief Financial Officer Pursuant to 18 U.S.C. Section
      1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of
      2002.


<PAGE>



                                   SIGNATURES

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

                            SYNDICATIONNET.COM, INC.


By:  /s/Brian Sorrentino
     -------------------------------------
     Brian Sorrentino
     CEO and Principal Executive Officer
     Dated: November 18, 2005


By:  /s/Mrutyunjaya S. Chittavajhula.
     -------------------------------------
     Mrutyunjaya S. Chittavajhula.
     CFO and Principal Accounting Officer
     Dated: November 18, 2005