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  March 31, 2004

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

For the transition period from __________ to __________

Commission file number  000-50011



|SINEWIRE NETWORKS INC.                                                            
|----------------------------------------------------------------------------------
|(Exact name of small business issuer as specified in its charter)                 
|Nevada                                                                            
|(State or other jurisdiction of incorporation or organization)                    
|#1208-1030 West Georgia Street, Vancouver, British Columbia, Canada, V6E 2Y3      
|(Address of principal executive offices)                                          
|(604) 662-7900                                                                    
|(Issuer's telephone number)                                                       
|N/A                                                                               
|(Former name, former address and former fiscal year, if changed since last report)
|                                                                                  
|                                                                                  



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 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 [ ]     No [ ]

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the issuer has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court.     Yes [ ]     No  [ ]

APPLICABLE ONLY TO CORPORATE REGISTRANTS

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date:  44,516,000 common shares issued and outstanding as of May 21, 2004

Transitional Small Business Disclosure Format (Check one):     Yes [ ]     No [X]

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PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements.

SINEWIRE NETWORKS, INC.
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEET
March 31, 2004



|ASSETS                                                                                                  |         
|------------------------------------------------------------------------------------------------------- | --------
|Current assets                                                                                          |         
|Cash                                                                                                    | $	133   
|LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                   |         
|Current liabilities:                                                                                    |         
|Accounts payable and accrued expenses                                                                   | $	1,310 
|Note payable - shareholder                                                                              | 19,839  
|Total current liabilities                                                                               | 21,149  
|Commitments                                                                                             |         
|STOCKHOLDERS' DEFICIT:                                                                                  |         
|Common stock, $.001 par value, 200,000,000 shares authorized, 
44,516,000 shares issued and outstanding | 44,516  
|Additional paid in capital                                                                              | 16,934  
|Deficit accumulated during the development stage                                                        | (82,466)
|Total Stockholders' Deficit                                                                             | (21,016)
|TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                             | $	133   

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SINEWIRE NETWORKS, INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF OPERATIONS
Three Months Ended March 31, 2004 and 2003
and Period from October 4, 2001 (Inception) through March 31, 2004



|                                     | Three Months Ended 
March 31, | Inception through 
March 31,
|------------------------------------ | ----------------------------- | ----------------------------
|                                     | 2004                          |                             
|General and administrative           | $	782                         |                             
|Interest expense                     | -                             |                             
|Net loss                             | $	(782)                       |                             
|Net loss per share:                  |                               |                             
|Basic and diluted                    | $	(0.00)                      |                             
|Weighted average shares outstanding: |                               |                             
|Basic and diluted                    | 44,516,000                    |                             

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SINEWIRE NETWORKS, INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF CASH FLOWS
Three Months Ended March 31, 2004 and 2003
and Period from October 4, 2001 (Inception) through March 31, 2004



|                                         | Three Months Ended
March 31, | Inception through
March 31,
|---------------------------------------- | ---------------------------- | ---------------------------
|                                         | 2004                         |                            
|CASH FLOWS FROM OPERATING ACTIVITIES     |                              |                            
|Net loss                                 | $	(782)                      |                            
|Net change in:                           |                              |                            
|Prepaid expenses                         | -                            |                            
|Accounts payable and accrued expenses    | (5,999)                      |                            
|CASH FLOWS USED IN OPERATING ACTIVITIES  | (6,781)                      |                            
|CASH FLOWS FROM FINANCING ACTIVITIES     |                              |                            
|Proceed from the sale of common stock    | -                            |                            
|Proceeds from note payable - shareholder | 6,909                        |                            
|CASH FLOWS FROM FINANCING ACTIVITIES     | 6,909                        |                            
|NET INCREASE (DECREASE) IN CASH          | 128                          |                            
|Cash, beg. of period                     | 5                            |                            
|Cash, end of period                      | $	133                        |                            

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SINEWIRE NETWORKS, INC.
(A DEVELOPMENT STAGE COMPANY)

NOTES TO FINANCIAL STATEMENTS

NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited interim financial statements of Sinewire Networks, Inc. have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's registration statement filed with the SEC on Form 10-KSB. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year 2003 as reported in Form 10-KSB, have been omitted.

NOTE 2 - NOTE PAYABLE - SHAREHOLDER

Sinewire has unsecured promissory notes of $19,839 with two shareholders. The notes bears interest at 8%. The promissory notes and interest are payable upon demand.

NOTE 3 - COMMON STOCK

On April 15, 2004 Sinewire approved an 8 for 1 stock split. The financial statements and footnotes have both been adjusted to show this split. The articles of incorporation were also amended to bring the authorized shares from 25,000,000 to 200,000,000. All share and per share amounts have been restated to reflect the retroactive effect of the stock split.

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

FORWARD-LOOKING STATEMENTS

This quarterly report contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled "Risk Factors", that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Our financial statements are stated in United States Dollars (US$) and are prepared in conformity with generally accepted accounting principles in the United States of America for interim financial statements. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report.

As used in this quarterly report, the terms "we", "us", "our company", and "Sinewire" mean Sinewire Networks Inc., unless otherwise indicated. All dollar amounts refer to US dollars unless otherwise indicated.

THE FOLLOWING DISCUSSION AND ANALYSIS PROVIDES INFORMATION WHICH OUR MANAGEMENT BELIEVES IS RELEVANT TO AN ASSESSMENT AND UNDERSTANDING OF OUR RESULTS OF OPERATIONS AND FINANCIAL CONDITION. THIS DISCUSSION SHOULD BE READ TOGETHER WITH OUR FINANCIAL STATEMENTS AND THE NOTES TO FINANCIAL STATEMENTS WHICH ARE INCLUDED IN THIS REPORT, AND WITH OUR COMPANY'S FORM 10-KSB.

General

We are a start-up wireless communications service provider. We intend to provide wireless communications to underserved markets throughout North America. We have not yet commenced the engineering of our proposed wireless networks, or the marketing and deployment of our proposed services.

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Since inception on October 4, 2001, our company has been engaged as a start-up wireless communications service provider. We have no assets or business operations. We have only just completed our business plan to supply wireless high-speed Internet services, and other complementary Internet and telecommunications services. Our company's principal capital resources have been acquired through issuance of common stock.

Other than as set out herein, we have not been involved in any bankruptcy, receivership or similar proceedings, nor have we been a party to any material reclassification, merger, consolidation or purchase or sale of a significant amount of assets not in the ordinary course of our business.

We intend to provide a telecommunications delivery service to businesses, Internet Service Providers (ISPs) and telecommunication companies in underserved markets in North America. Our proposed networks will act as a conduit for the transmission of wireless high speed and complementary Internet and telecommunications services. In particular, we intend to provide high speed wireless Internet access from the main Internet backbone to our customers. The Internet backbone is the high-speed line or series of connections that forms the major pathway within for the Internet. We intend to accomplish this through the establishment of strategic relationships with complementary businesses within the target markets. Potential strategic partners include the telecommunications companies that supply the main fiber Internet backbone to which we will connect and property companies possessing roof rights needed for the deployment of the services. We have not obtained any such strategic partners to date.

There are six potential revenue streams which we are targeting in our proposed business plan:

- Leasing of a high speed telecommunication link to increase the amount of data that can be transmitted for an Internet connection.

- Installations for wireless Internet connection services

- Telephony - this involves the use of the Internet for transmission of voice, fax and/or video

- Establishing private networks of computers that are at least partially connected by public phone lines.

- On-line services such as e-mail, hosting of Internet web sites & security solutions

- Network/ LAN extensions (a LAN, or local area network, is a short-distance network used to link a group of computers together within a building.)

Unless we are able to derive revenue from any or all of these six potential sources our proposed business operations will fail.

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Results of Operations

Our company posted losses of $782 for the three months ending March 31, 2004, losses of $19,961 for the three months ended March 31, 2003 and losses of $82,466 since inception to March 31, 2004. The principal component of the losses were for consulting fees, general and administrative expenses.

Operating expenses for the three months ending March 31, 2004 were $782, compared to our operating expenses for the three months ending March 31, 2003 of $19,091 and our expenses from inception to March 31, 2004 which were $82,104.

Financial Condition, Liquidity and Capital Resources

At March 31, 2004, we had negative working capital of $21,016.

At March 31, 2004, our company's total assets of $133 consists of cash.

At March 31, 2004, our company's total liabilities were $21,149.

Our company has not had revenues from inception. As of the date of this report there is insufficient capital to complete our business plan. We were currently trying to obtain additional financing in the form of a private placement or shareholder loans to obtain the capital necessary to survive and implement our business plans. However, to date we have been unsuccessful obtaining such financing and we may be unable to fully implement our business plan as a result of this. Our directors are continuing to conduct an in-depth analysis of our business plan and related future opportunities for wireless companies. To better protect stockholder interests and provide future appreciation, we may concurrently pursue other opportunities or initiatives as an extension to our existing business.

Our company has no long-term debt and does not regard long-term borrowing as a good, prospective source of financing.

Plan of Operation

Our primary objectives over the 12 months ending March 31, 2005, will be to continue efforts to raise additional financing to implement our business plan, commence efforts to attract management with experience in the wireless sector and financing contacts, and concurrently continue our consideration of other opportunities or initiatives as an extension to our current business.

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Cash Requirements

Over the next twelve months we require financing in the amount of at least $160,000 to initiate the deployment of a wireless network and for marketing efforts, as follows:

Estimated Funding Required During the Next Twelve Months

|General and Administrative | $10,000                                         
|-------------------------- | ------------------------------------------------
|Operations                 |                                                 
|                           | Wireless service, marketing and deployment costs
|Working Capital            | $10,000                                         
|Total                      | $160,000                                        



As at March 31, 2004, we had a working capital deficiency of $21,016. We anticipate that we will have to raise additional cash of a minimum of $140,000 as soon as possible, to allow us to commence deployment of our wireless network and to provide us with approximately $10,000 in working capital to continue our normal operations. We plan to raise the capital required to meet these immediate short-term needs, and additional capital required to meet the balance of our estimated funding requirements for the twelve months, primarily through the private placement of our securities. However, to date we have been unsuccessful obtaining any such financing and we may be unable to fully implement our business plan as a result of this. Our directors are continuing to conduct an in-depth analysis of our business plan and related future opportunities for wireless companies. To better protect stockholder interests and provide future appreciation, we may concurrently pursue other opportunities or initiatives as an extension to our existing business.

There are no assurances that we will be able to obtain further funds required for our continued operations. We are pursuing various financing alternatives to meet our immediate and long-term financial requirements. There can be no assurance that additional financing will be available to us when needed or, if available, that it can be obtained on commercially reasonable terms. If we are not able to obtain the additional financing on a timely basis, we will be unable to conduct our operations as planned, and we will not be able to meet our other obligations as they become due. In such event, we will be forced to scale down or perhaps even cease our operations.

Research and Development

We do not anticipate that we will expend any significant monies on research and development over the next twelve months.

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Purchase or Sale of Equipment

We do not anticipate that we will expend any significant amount on equipment for our present or future operations. We may purchase computer hardware and software for our ongoing operations.

Personnel

As of March 31, 2004, our president, Patrick Ward, and our secretary, Hani Zabaneh, are the only employees of our company. They handle all of the responsibilities in the area of corporate administration, business development and research. If our wireless communications service provider business is successful and we experience rapid growth, our current officers and directors will be required to hire new personnel to improve, implement and administer our operational, management, financial and accounting systems.

APPLICATION OF CRITICAL ACCOUNTING POLICIES

Our unaudited financial statements and accompanying notes have been prepared in conformity with generally accepted accounting principles in the United States of America for interim financial statements. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management's application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our financial statements is critical to an understanding of our financials.

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet. Actual results could differ from those estimates.

Basic loss per share has been calculated based on the weighted average number of shares of common stock outstanding during the period.

We do not expect the adoption of recently issued accounting pronouncements to have a significant impact on our results of operations, financial position or cash flow.

Item 3.  Controls and Procedures.

As required by Rule 13a-15 under the Exchange Act, as of the end of the period covered by this report, being March 31, 2004, we have carried out an evaluation of the effectiveness of the design and operation of our company's disclosure controls and procedures. This evaluation was carried out under the supervision and with the participation of our management, including our president and chief executive officer. Based upon that evaluation, our president and chief executive officer concluded that our disclosure controls and procedures are effective as of the end of the period covered by this report. There have been no significant changes in our internal controls or in other factors, which could significantly affect internal controls subsequent to the date we carried out our evaluation.

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Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our company's reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to management, including our president and chief executive officer as appropriate, to allow timely decisions regarding required disclosure.

PART II - OTHER INFORMATION

Item 1.  Legal Proceedings.

We know of no material, active or pending legal proceedings against us, nor are we involved as a plaintiff in any material proceedings or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder are an adverse party or has a material interest adverse to us.

Item 2.  Changes in Securities.

On April 15, 2004, our board of directors approved an eight (8) for one (1) forward stock split (the "Forward Stock Split") of our authorized, issued and outstanding common stock. The Forward Stock Split was effected with the Nevada Secretary of State on April 19, 2004 and the record date will be as of April 30, 2004. As a result, our authorized capital will increase from 25,000,000 to 200,000,000 shares of common stock with a par value of $0.001. The ratio of distribution was an additional seven (7) shares of common stock for every one (1) share of common stock issued and outstanding immediately prior to the effective date of the Forward Stock Split. This increased our issued and outstanding share capital from 5,564,500 shares of common stock to 44,516,000 shares of common stock.

Item 3.  Defaults Upon Senior Securities.

None.

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

None.

Item 5.  Other Information.

None.

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

Exhibits required by Item 601 of Regulation S-B

(3)	Articles of Incorporation and By-laws

3.1	Articles of Incorporation (incorporated by reference from our Registration Statement on Form SB-2, filed on March 27, 2002).

3.2	Restated Articles of Incorporation (incorporated by reference from our Registration Statement on Form SB-2, filed on March 27, 2002).

3.3	Bylaws (incorporated by reference from our Registration Statement on Form SB-2, filed on March 27, 2002).

3.4 	Certificate of Change pursuant to NRS 78.209 filed with the Nevada Secretary of State on April 19, 2004 (incorporated by reference from our Report Form 8-K, filed April 20, 2004).

(10)	Material Contracts

10.1	Wireless Service Provider Agreement (incorporated by reference from our Registration Statement on Form SB-2, filed on March 27, 2002).

10.2	Promissory Note (incorporated by reference from our Registration Statement on Form SB-2, filed on March 27, 2002).

(14)	Code of Ethics

14.1	Code of Business Conduct and Ethics (incorporated by reference from our Annual Report on Form 10-KSB, filed on March 30, 2004)

(31)	Section 302 Certifications

31.1	Section 302 Certification.

(32)	Section 906 Certifications

32.1	Section 906 Certification.

Reports on Form 8-K

On April 20, 2004 in respect of our board of directors' approval of an eight (8) for one (1) forward stock split of our authorized, issued and outstanding common stock.

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SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SINEWIRE NETWORKS INC.

By: /s/ Patrick Ward
___________________________________
Patrick J. Ward, President, CFO and Director
(Principal Executive Officer and Principal Financial Officer)

Date: May 24, 2004

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