SECURITIES AND EXCHANGE COMMISSION (2)

                             Washington, D.C. 20549

                                   Form 10-QSB
                                   -----------

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

                      For Quarter ended September 30, 2004

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

          For the transition period from               to
                                         -------------    ------------

                          Commission File No 000-49656

                            KSIGN INTERNATIONAL INC.
                            ------------------------
             (Exact name of registrant as specified in its charter)

              Nevada                                           87-0772357
              ------                                           ----------
  (State or other jurisdiction                          (IRS Employer ID Number)
of incorporation or organization)

           Joongpyung B/D. 3rd Floor, 748-15, Yeoksam-Dong GangNam-Gu
                  --------------------------------------------
               (Address of principal executive offices)(Zip Code)

                                011-82-2-564-0182
                            -------------------------
                           (Issuer's Telephone Number)

             12th floor, Hanmi Bldg. 192-19 Nonhun-Dong, Kangwam-Gu
                               Seoul Korea 135-010
             ------------------------------------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)


INDICATE BY CHECK MARK WHETHER THE REGISTRANT (1) HAS FILED ALL REPORTS REQUIRED
TO BE FILED BY SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DURING
THE PRECEDING 12 MONTHS (OR FOR SUCH SHORTER PERIOD THAT THE REGISTRANT WAS
REQUIRED TO FILE SUCH REPORTS), AND (2) HAS BEEN SUBJECT TO SUCH FILING
REQUIREMENTS FOR THE PAST 90 DAYS.

               Yes  X      No
                  -----      -----

     As of September 30, 2004, the Issuer had 47,696,375 shares of Common Stock,
par value $.001 per share, issued and outstanding.




<PAGE>






Item 1.  Financial Statements and Exhibits
------------------------------------------

     (a)  The unaudited financial statements of Registrant for the three months
          ended September 30, 2004, follow. The financial statements reflect all
          adjustments which are, in the opinion of management, necessary to a
          fair statement of the results for the interim period presented.









                            KSIGN INTERNATIONAL, INC.
                      (FORMERLY WITNET INTERNATIONAL, INC.)

                        CONSOLIDATED FINANCIAL STATEMENTS

              NINE MONTH PERIODS ENDED SEPTEMBER 30, 2004 AND 2003






                                    CONTENTS
                                    --------

Report of Independent Registered Public Accounting Firm                    3

Consolidated Balance Sheets                                                4

Consolidated Statement of Operations                                   5 - 6

Consolidated Statement of Changes in Stockholders' Equity                  7

Consolidated Schedule of Expenses                                      8 - 9

Consolidated Statement of Cash Flows                                      10

Notes to Consolidated Financial Statements                           11 - 19
















                                        2
<PAGE>












             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
             -------------------------------------------------------




To the Board of Directors and Stockholders of
KSIGN International, Inc.
-------------------------

     We have reviewed the  consolidated  balance sheets of KSIGN  International,
Inc. and subsidiaries  (the "Company") as at September 30, 2004 and 2003 and the
related consolidated  statements of operations,  changes in stockholders' equity
and cash flows for the nine-month  periods then ended.  These interim  financial
statements are the responsibility of the Company's management.

     We conducted our reviews in accordance with standards of the Public Company
Accounting  Oversight  Board  (United  States).  A review of  interim  financial
information  consists  principally of applying analytical  procedures and making
inquiries of persons  responsible  for financial and accounting  matters.  It is
substantially less in scope than an audit conducted in accordance with standards
of the Public Company Accounting  Oversight Board (United States), the objective
of which is the  expression of an opinion  regarding  the  financial  statements
taken as a whole. Accordingly, we do not express such an opinion.

     Based on our reviews,  we are not aware of any material  modifications that
should be made to such consolidated  interim financial statements for them to be
in conformity with accounting principles generally accepted in the United States
of America.

                                                       "SF PARTNERSHIP, LLP"

Toronto, Canada                                        CHARTERED ACCOUNTANTS
November 20, 2004














                                        3
<PAGE>






<TABLE>
<CAPTION>
KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Consolidated Balance Sheets
September 30, 2004 and 2003
                                                                      2004                2003
                                                          ------------------------------------

                                     ASSETS
                                     ------
<S>                                                       <C>                 <C>
Current
   Cash and cash equivalents                              $        46,634     $       612,488
   Accounts receivable (net of allowance for doubtful
      accounts 2004 - $610,617; 2003 - $52,798)                 1,046,429           1,577,417
   Prepaid and sundry assets                                       50,650              16,880
   Advances receivable (note 3)                                     9,031              15,150
   Deferred tax (note 6)                                           21,735              17,486
                                                          ------------------------------------
                                                                1,174,479           2,239,421
Deposits                                                           83,680             208,959
Equipment (note 4)                                                268,327             388,492
Investments (note 5)                                               13,014              40,899
Deferred Tax (note 6)                                             305,082             252,458
                                                          ------------------------------------


                                                          $     1,844,582     $     3,130,229
                                                          ====================================


                                   LIABILITIES
                                   -----------
Current
   Accounts payable                                       $       332,218     $       587,224
   Deferred government grant                                            -             203,525
   Bank loan (note 7)                                             867,600             870,200
   Due to related party (note 8)                                   97,605                   -
   Loan payable (note 9)                                          150,000             150,000
                                                          ------------------------------------
                                                                1,447,423           1,810,949
Accrued Severance Payable                                          60,953              62,154
                                                          ------------------------------------


                                                                1,508,376           1,873,103
                                                          ------------------------------------


                              STOCKHOLDERS' EQUITY
                              --------------------
Capital Stock (note 10)                                            47,696              34,060
Paid in Capital                                                 3,049,803           2,449,109
Accumulated Other Comprehensive Income                            108,608             145,331
Accumulated Deficit                                           (2,869,901)          (1,371,374)
                                                          ------------------------------------
                                                                  336,206           1,257,126
                                                          ------------------------------------

                                                          $     1,844,582     $     3,130,229
                                                          ====================================
</TABLE>


APPROVED ON BEHALF OF THE BOARD

        "KI-YOONG HONG"                                  "HONG-KEE LEE"
--------------------------------                --------------------------------
          Director                                          Director


                                        4
<PAGE>






<TABLE>
<CAPTION>
KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Consolidated Statement of Operations
Nine Month Periods Ended September 30, 2004 and 2003


                                                            2004                2003
                                                ------------------------------------

<S>                                             <C>                 <C>
Revenue
   Services                                     $       405,017     $       343,799
   Merchandise                                           22,988             465,578
                                                ------------------------------------

                                                        428,005             809,377
                                                ------------------------------------

Cost of Sales
   Services                                             485,712             479,706
   Merchandise                                           22,988             465,578
                                                ------------------------------------

                                                        508,700             945,284
                                                ------------------------------------

Gross Profit                                            (80,695)           (135,907)

Expenses (page 6)                               $     1,533,095     $     1,136,849
                                                ------------------------------------

Operating Loss                                       (1,613,790)         (1,272,756)
                                                ------------------------------------

Other
   Interest income                                          913              25,008
   Interest expense                                     (51,342)            (32,162)
   Other expenses                                        (2,069)                 41
   Gain on debt forgiveness                             135,623                   -
                                                ------------------------------------

                                                         83,125              (7,113)
                                                ------------------------------------

Loss Before Income Taxes                             (1,530,665)         (1,279,869)

   Provision for deferred income taxes                 (209,000)           (200,000)
                                                ------------------------------------

Net Loss                                        $    (1,321,665)    $    (1,079,869)
                                                ====================================

Basic Loss per Share                            $         (0.03)    $         (0.03)
                                                ====================================

Fully Diluted Loss per Share                    $         (0.03)    $         (0.03)
                                                ====================================

Weighted Average Number of Shares (note 10)          47,677,042          32,800,000
                                                ====================================
</TABLE>








                                        5
<PAGE>






<TABLE>
<CAPTION>
KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Consolidated Statement of Operations
Quarters Ended September 30, 2004 and 2003


                                                            2004                2003
                                                ------------------------------------

<S>                                             <C>                 <C>
Revenue
   Services                                     $       127,754     $        80,736
   Merchandise                                                -             189,596
                                                ------------------------------------

                                                        127,754             270,332
                                                ------------------------------------

Cost of Sales
   Services                                             103,979             131,319
   Merchandise                                                -             189,596
                                                ------------------------------------

                                                        103,979             320,915
                                                ------------------------------------

Gross Profit                                             23,775             (50,583)

Expenses (page 7)                                       639,336             442,732
                                                ------------------------------------

Operating Loss                                         (615,561)           (493,315)
                                                ------------------------------------

Other
   Interest income                                          793              15,551
   Interest expense                                     (16,258)            (13,982)
   Other expenses                                            22                (111)
   Gain on debt forgiveness                             137,714                   -
                                                ------------------------------------

                                                        122,271               1,458
                                                ------------------------------------

Loss Before Income Taxes                               (493,290)           (491,857)

   Provision for deferred income taxes                  (66,000)            (80,000)
                                                ------------------------------------

Net Loss                                        $      (427,290)    $      (411,857)
                                                ====================================

Basic Loss per Share                            $         (0.01)    $         (0.01)
                                                ====================================

Fully Diluted Loss per Share                    $         (0.01)    $         (0.01)
                                                ====================================

Weighted Average Number of Shares (note 10)          47,696,375          32,800,000
                                                ====================================
</TABLE>







                                        6
<PAGE>






<TABLE>
<CAPTION>
KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Consolidated Statement of Stockholders' Equity
Nine Month Periods Ended September 30, 2004 and 2003




                                                               Paid in    Accumulated
                                                            Capital in          Other                        Total
                                 Number of       Capital     excess of  Comprehensive   Accumulated  Stockholders'
                                    Shares         Stock     Par Value         Income       Deficit         Equity
                              ------------------------------------------------------------------------------------


<S>                           <C>           <C>           <C>           <C>            <C>           <C>
Balance, January 1, 2003        1,260,375   $     1,260   $ 3,095,559   $     65,491   $  (291,505)  $  2,870,805
Common shares issued on
   acquisition of Ksign
   Co., Ltd.                   32,800,000        32,800      (646,450)             -             -       (613,650)
Foreign exchange on
   translation                          -             -             -         79,840             -         79,840
Net Income                              -             -             -              -    (1,079,869)    (1,079,869)
                              ------------------------------------------------------------------------------------


Balance, September 30, 2003    34,060,375   $    34,060   $ 2,449,109   $    145,331   $(1,371,374)  $  1,257,126
                              ====================================================================================


Balance, January 1, 2004       47,638,375   $    47,638   $ 3,038,261   $     53,298   $(1,548,236)  $  1,590,961

Common shares issued for
   services                        58,000            58        11,542              -             -         11,600
Foreign exchange on
   translation                          -             -             -         55,310             -         55,310
Net Loss                                -             -             -              -    (1,321,665)    (1,321,665)
                              ------------------------------------------------------------------------------------


Balance, September 30, 2004    47,696,375   $    47,696   $ 3,049,803   $    108,608   $(2,869,901)  $    336,206
                              ====================================================================================
</TABLE>




















                                        7
<PAGE>






KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Consolidated Schedule of Expenses
Nine Month Periods Ended September 30, 2004 and 2003




                                                        2004                2003
                                            ------------------------------------

Expenses
   Salaries and benefits                    $       506,749     $       521,720
   Bad debts                                        438,627                   -
   Research and development                         166,564             240,171
   Professional fees                                114,463              25,371
   Entertainment                                     60,261              53,171
   Travel                                            47,031              37,105
   Taxes and dues                                    38,485              42,858
   Rent                                              34,943              54,637
   Communications                                    23,824              17,674
   Office and general                                23,266              10,806
   Vehicle                                           15,495              10,016
   Consulting                                        11,600                   -
   Insurance                                          5,337              15,576
   Advertising                                        4,113              43,026
   Freight                                            3,554               1,338
   Books and printing                                 3,339               2,617
   Training                                           1,035                 300
   Repairs and maintenance                              635                   -
   Building maintenance                                  27              25,024
   Depreciation                                      33,747              35,439
                                            ------------------------------------

                                            $     1,533,095     $     1,136,849
                                            ====================================


















                                        8
<PAGE>






KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Consolidated Schedule of Expenses
Quarters Ended September 30, 2004 and 2003




                                                        2004                2003
                                            ------------------------------------

Expenses
   Bad debts                                $       366,178     $             -
   Salaries and benefits                            124,127             235,371
   Research and development                          37,025              81,963
   Travel                                            20,624              16,962
   Entertainment                                     18,979              22,511
   Rent                                              15,462              19,726
   Taxes and dues                                    15,016              12,616
   Office and general                                 9,479               3,772
   Professional fees                                  8,800               1,348
   Communications                                     6,572               6,125
   Vehicle                                            3,457               3,860
   Freight                                            3,181                 266
   Insurance                                            294               3,997
   Books and printing                                   230                 696
   Repairs and maintenance                              113                   -
   Advertising                                            -              12,204
   Building maintenance                              (1,501)              9,221
   Depreciation                                      11,300              12,094
                                            ------------------------------------

                                                    639,336             442,732
                                            ====================================




















                                        9
<PAGE>






<TABLE>
<CAPTION>
KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Consolidated Statement of Cash Flows
Nine Month Periods Ended September 30, 2004 and 2003


                                                                       2004                2003
                                                           ------------------------------------

<S>                                                        <C>                 <C>
Cash Flows from Operating Activities
   Net loss                                                $    (1,321,665)    $    (1,079,869)
   Adjustments for working capital and non-cash items:
      Depreciation                                                 124,274             106,317
      Common shares issued for services                             11,600                   -
      Accounts receivable                                        2,465,079           1,636,750
      Inventory                                                          -              90,404
      Prepaid and sundry assets                                    (33,013)             (4,769)
      Deferred tax                                                (209,000)           (200,000)
      Accounts payable                                          (1,415,631)         (1,123,308)
      Income taxes                                                  40,129             (36,922)
      Deposits                                                     102,443                   -
      Accrued severance payable                                    (82,534)            (50,726)
                                                           ------------------------------------

                                                                  (318,318)           (662,123)
                                                           ------------------------------------

Cash Flows from Investing Activities
   Acquisition of equipment                                        (27,853)           (180,486)
                                                           ------------------------------------

Cash Flows from Financing Activities
   Bank loan                                                             -             840,000
   Advances receivable                                               4,214               3,948
                                                           ------------------------------------

                                                                     4,214             843,948
                                                           ------------------------------------

Foreign Exchange on Cash and Cash Equivalents                       10,701              20,692
                                                           ------------------------------------

Net (Decrease) Increase in Cash and Cash Equivalents              (331,256)             22,031

Cash and Cash Equivalents - beginning of period                    377,890             590,457
                                                           ------------------------------------

Cash and Cash Equivalents - end of period                  $        46,634    $        612,488
                                                           ====================================

Interest and Income Taxes Paid

During the year, the company had cash flows arising
   from interest and income taxes paid as follows:

   Interest paid                                           $        51,342     $        32,162
                                                           ====================================

   Income taxes paid                                       $             -     $             -
                                                           ====================================
</TABLE>





                                       10
<PAGE>




KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Notes to Consolidated Financial Statements
September 30, 2004 and 2003


1.   Description of Business and Going Concern
----------------------------------------------

     a)   Description of Business

          Ksign International,  Inc., formerly Witnet International,  Inc. ("the
          Company"), was incorporated in the State of Nevada on February 2, 1998
          and on October 2, 2002 changed its name from New Cinema Partners, Inc.
          to Witnet  International,  Inc.  On  September  30,  2003 the  Company
          changed its name to Ksign International, Inc.

          On September  30, 2003,  the Company  entered into a definitive  Share
          Exchange  Agreement (the  "Agreement")  with Ksign Co., Ltd.,  ("Ksign
          Korea")  a Korean  corporation  and its  shareholders.  The  Agreement
          provided for the  acquisition by the Company of 100% of the issued and
          outstanding   capital   stock  of  Ksign  Korea.   In  exchange,   the
          shareholders of Ksign Korea received 32,800,000 shares of the Company.
          As a result,  the  shareholders  of Ksign Korea  controlled 69% of the
          Company.  While the  Company is the legal  parent,  as a result of the
          reverse takeover, Ksign Korea became the parent company for accounting
          purposes.

          Upon  completion  of the share  exchange,  the business  operations of
          Ksign Korea  constituted  virtually all of the business  operations of
          the Company.  Ksign Korea provides Public Key  Infrastructure  ("PKI")
          based solutions for the advancement of internet security. In addition,
          it has also developed many  applications  including;  Extranet  Access
          Management,  Key  Management  Infrastructure,   PKI-based  Conditional
          Access System, and Secure Web and Application Transaction dealing with
          the usability and deployment  aspects of PKI. The business  operations
          of Ksign Korea are located in Seoul, Korea.

     b)   Going Concern

          The Company's  consolidated  financial  statements  are presented on a
          going concern basis,  which contemplates the realization of assets and
          satisfaction  of  liabilities  in the normal  course of business.  The
          Company has experienced recurring losses since inception, has negative
          working capital and has negative cash flows from operations that raise
          substantial  doubt as to its ability to  continue as a going  concern.
          For the nine month  periods  ended  September  30, 2004 and 2003,  the
          Company   experienced   net  losses  of  $1,321,665   and   $1,079,869
          respectively.

          The  Company's  ability to continue as a going  concern is  contingent
          upon its ability to secure  additional  financing,  initiating sale of
          its product and attaining profitable operations.







                                       11
<PAGE>




KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Notes to Consolidated Financial Statements
September 30, 2004 and 2003


1.   Description of Business and Going Concern (cont'd)
-------------------------------------------------------

          Management is pursuing various sources of equity financing in addition
          to increasing its sales base. Although the Company has plans to pursue
          additional financing,  there can be no assurance that the Company will
          be able to  secure  financing  when  needed  or  obtain  such on terms
          satisfactory  to the  Company,  if at all.  As well,  the  Company  is
          researching  and developing a number of new products which it plans to
          introduce to the market in late 2004 or early 2005. However,  there is
          no  guarantee  that  these  products  will be  marketable  or that the
          Company will be able to achieve expected sales from the new products.

          The consolidated  financial  statements do not include any adjustments
          to reflect  the  possible  future  effects on the  recoverability  and
          classification  of  assets  or  the  amounts  and   classification  of
          liabilities that may result from the possible inability of the Company
          to continue as a going concern.


2.   Summary of Significant Accounting Policies
-----------------------------------------------

     The  accounting  policies of the Company are in accordance  with  generally
     accepted accounting  principles of the United States of America,  and their
     basis of  application  is  consistent.  Outlined  below are those  policies
     considered particularly significant:

     a)   Basis of Financial Statement Presentation

          These  financial  statements  have been  prepared in  conformity  with
          accounting  principles  generally  accepted  in the  United  States of
          America with the  assumption  that the Company will be able to realize
          its assets  and  discharge  its  liabilities  in the normal  course of
          business.

     b)   Basis of Consolidation

          The merger of the  Company  and Ksign  Korea has been  recorded as the
          recapitalization  of the  Company,  with the net assets of the Company
          brought  forward  at their  historical  basis.  The  intention  of the
          management  of Ksign  Korea  was to  acquire  the  Company  as a shell
          company  listed on  NASDAQ.  Management  does not intend to pursue the
          business of the  Company.  As such,  accounting  for the merger as the
          recapitalization of the Company is deemed appropriate.









                                       12
<PAGE>




KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Notes to Consolidated Financial Statements
September 30, 2004 and 2003


2.   Summary of Significant Accounting Policies (cont'd)
--------------------------------------------------------

     c)   Unit of Measurement

          The US  Dollar  has  been  used as the  unit of  measurement  in these
          financial statements.

     d)   Cash and Cash Equivalents

          Cash  includes  currency,  cheques  issued by others,  other  currency
          equivalents,  current deposits and passbook deposits. Cash equivalents
          includes  securities and short-term money market  instruments that can
          be easily  converted  into cash.  The  investments  that mature within
          three  months  from the  investment  date are  also  included  as cash
          equivalents.

     e)   Inventories

          Inventories  are stated at the lower of cost or net realizable  value,
          determined by deducting selling expenses from selling price.

          The cost of inventories  is determined by the specific  identification
          method.

     f)   Investments

          Investments  in  available-for-sale  securities  are being recorded in
          accordance with FAS-115  "Accounting  for Certain  Investments in Debt
          and  Equity   Securities".   Equity   securities  that  are  not  held
          principally  for the purpose of selling in the near term are  reported
          at fair market value with unrealized holding gains and losses excluded
          from  earnings and reported as a separate  component of  stockholders'
          equity.

     g)   Equipment

          Equipment  is stated  at cost.  Major  renewals  and  betterments  are
          capitalized and  expenditures  for repairs and maintenance are charged
          to expense as incurred.  Depreciation  is computed  using the straight
          line method over 5 years.













                                       13
<PAGE>




KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Notes to Consolidated Financial Statements
September 30, 2004 and 2003


2.   Summary of Significant Accounting Policies (cont'd)
--------------------------------------------------------

     h)   Revenue Recognition

          The Company generates revenues from product sales, licensing, customer
          services and technical support.

          Revenues from products  sales are  recognized on a  completed-contract
          basis, in accordance with Staff  Accounting  Bulletin No. 101 "Revenue
          Recognition  in Financial  Statements"  ("SAB No. 101"),  Statement of
          Position 97-2 "Software Revenue Recognition" and Statement of Position
          81-1  "Accounting  for  Performance of  Construction-Type  and Certain
          Production-Type  Contracts".  The  Company  has  primarily  short-term
          contracts  ranging up to one month in  length,  whereby  revenues  and
          costs in the  aggregate  for all  contracts is expected to result in a
          matching of gross profit with period  overhead or fixed costs  similar
          to that achieved by use of the percentage-of-completion method.

          The  Company  is not  required  to perform  significant  post-delivery
          obligations,  does not normally provide  warranties and does not allow
          product  returns.  As such,  no  provision  is made for  costs of this
          nature.

          On-going  service  and  technical  support  contracts  are  negotiated
          separately  at an additional  fee. The  technical  support is separate
          from the  functionality  of the products,  which can function  without
          on-going support.

          Technology  license revenues are recognized in accordance with SAB No.
          101 at the  time  the  technology  and  license  is  delivered  to the
          customer, collection is probable, the fee is fixed and determinable, a
          persuasive evidence of an agreement exists, no significant  obligation
          remains  under  the sale or  licensing  agreement  and no  significant
          customer   acceptance   requirements   exist  after  delivery  of  the
          technology.

          Revenues  relating  to customer  services  and  technical  support are
          recognized as the services are rendered ratably over the period of the
          related contract.

          The Company does not sell products with multiple  deliverables.  It is
          management's  opinion  that EITF  00-21,  "Revenue  Arrangements  With
          Multiple Deliverables" is not applicable.

     i)   Currency Translation

          The  Company's  functional  currency  is Korean  won.  Adjustments  to
          translate those statements into U.S. dollars at the balance sheet date
          are recorded in other comprehensive income.

          Foreign  currency  transactions  of the  Korean  operation  have  been
          translated  to Korean  Won at the rate  prevailing  at the time of the
          transaction.  Realized  foreign  exchange  gains and losses  have been
          charged to income in the period.



                                       14
<PAGE>




KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Notes to Consolidated Financial Statements
September 30, 2004 and 2003


2.   Summary of Significant Accounting Policies (cont'd)
--------------------------------------------------------

     j)   Financial Instruments

          Fair values of cash equivalents,  short-term and long-term investments
          and  short-term  debt  approximate  cost. The estimated fair values of
          other  financial   instruments,   including  debt,   equity  and  risk
          management instruments,  have been determined using market information
          and valuation methodologies,  primarily discounted cash flow analysis.
          These estimates require  considerable  judgment in interpreting market
          data,  and  changes  in   assumptions  or  estimation   methods  could
          significantly affect the fair value estimates.

     k)   Income Tax

          The  Company  accounts  for income  taxes  pursuant  to SFAS No.  109,
          "Accounting  for  Income  Taxes".  Deferred  taxes are  provided  on a
          liability  method  whereby  deferred  tax  assets are  recognized  for
          deductible  temporary  differences,  and deferred tax  liabilities are
          recognized for taxable temporary  differences.  Temporary  differences
          are the  differences  between  the  reported  amounts  of  assets  and
          liabilities and their tax bases.  Deferred tax assets are reduced by a
          valuation  allowance  when, in the opinion of  management,  it is more
          likely than not that some  portion or all of the  deferred  tax assets
          will not be realized. Deferred tax assets and liabilities are adjusted
          for the  effects  of  changes  in tax  laws  and  rates on the date of
          enactment.

     l)   Earnings or Loss per Share

          The Company  adopted FAS No.128,  "Earnings per Share" which  requires
          disclosure  on the  financial  statements  of  "basic"  and  "diluted"
          earnings (loss) per share. Basic earnings (loss) per share is computed
          by dividing net income (loss) by the weighted average number of common
          shares  outstanding for the year. Diluted earnings (loss) per share is
          computed by dividing net income (loss) by the weighted  average number
          of  common  shares  outstanding  plus  common  stock  equivalents  (if
          dilutive) related to stock options and warrants for each year.














                                       15
<PAGE>




KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Notes to Consolidated Financial Statements
September 30, 2004 and 2003


2.   Summary of Significant Accounting Policies (cont'd)
--------------------------------------------------------

     m)   Concentration of Credit Risk

          SFAS No. 105,  "Disclosure of Information About Financial  Instruments
          with   Off-Balance   Sheet  Risk  and   Financial   Instruments   with
          Concentration of Credit Risk",  requires disclosure of any significant
          off-balance sheet risk and credit risk concentration. The Company does
          not have significant  off-balance sheet risk or credit  concentration.
          The Company  maintains  cash and cash  equivalents  with major  Korean
          financial institutions.

          The Company's  provides  credit to its clients in the normal course of
          its operations.  It carries out, on a continuing basis,  credit checks
          on its clients and maintains  provisions for contingent  credit losses
          which,  once  they  materialize,   are  consistent  with  management's
          forecasts.

          For other debts, the Company  determines,  on a continuing  basis, the
          probable  losses  and  sets up a  provision  for  losses  based on the
          estimated realizable value.

          Concentration  of credit risk arises when a group of clients  having a
          similar   characteristic   such  that  their  ability  to  meet  their
          obligations  is  expected  to be  affected  similarly  by  changes  in
          economic  conditions.  The Company does not have any significant  risk
          with respect to a single client.

     n)   Use of Estimates

          Preparation  of financial  statements  in accordance  with  accounting
          principles generally accepted in the United States of America requires
          management to make estimates and  assumptions  that affect the amounts
          reported in the  financial  statements  and related notes to financial
          statements.  These estimates are based on management's  best knowledge
          of current events and actions the Company may undertake in the future.
          Actual  results  may  ultimately   differ  from  estimates,   although
          management  does not believe such changes will  materially  affect the
          financial statements in any individual year.


3.   Advances Receivable
------------------------

          The  advances to  employees  are  non-interest  bearing and are due on
          demand.









                                       16
<PAGE>




KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Notes to Consolidated Financial Statements
September 30, 2004 and 2003


4.   Equipment
--------------

     Equipment is comprised as follows:

<TABLE>
<CAPTION>
                                                             2004                               2003
                                                      Accumulated                        Accumulated
                                           Cost      Depreciation             Cost      Depreciation
                                 -------------------------------------------------------------------

<S>                              <C>              <C>               <C>              <C>
     Furniture and fixtures      $     343,514    $      250,402    $     310,149    $      200,503
     Machinery and equipment           110,593            87,615          110,924            68,945
     Software                          446,596           261,372          364,349            71,870
     Government grant                 (32,987)                 -          (55,612)                -
                                 -------------------------------------------------------------------

                                 $     867,716    $      599,389    $     729,810    $      341,318
                                 -------------------------------------------------------------------

     Net carrying amount                          $      268,327                     $      388,492
                                                  ---------------                    ---------------
</TABLE>


5.   Investments
----------------

     The  investment  is a 5.93%  equity  interest in an  unrelated,  non-public
     Korean company.  The investment has been written down to the net book value
     of the company as at December 31, 2003 which approximates the fair value of
     the company. No provision has been made during the interim period.


6.   Income Taxes
-----------------

     The Company accounts for income taxes pursuant to SFAS No. 109, "Accounting
     for Income Taxes". This Standard prescribes the use of the liability method
     whereby  deferred tax asset and liability  account  balances are determined
     based on differences  between  financial  reporting and tax bases of assets
     and liabilities  and are measured using the enacted tax rates.  The effects
     of  future  changes  in tax laws or rates  are not  anticipated.  Corporate
     income tax rates  applicable  to the Company are 16.5  percent of the first
     100 million  Korean Won ($84,000 US) of taxable  income and 29.7 percent of
     the excess.

     Under SFAS No. 109 income taxes are recognized for the following: a) amount
     of tax payable for the current year,  and b) deferred tax  liabilities  and
     assets for  future tax  consequences  of events  that have been  recognized
     differently in the financial statements than for tax purposes.  The Company
     has  deferred  income tax assets  arising  from  research  and  development
     expenses.  For  accounting  purposes,   these  amounts  are  expenses  when
     incurred.  Under Korean tax laws,  these amounts are deferred and amortized
     on a straight-line basis over 5 years.



                                       17
<PAGE>




KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Notes to Consolidated Financial Statements
September 30, 2004 and 2003


6.   Income Taxes (cont'd)
--------------------------

     The Company has deferred income tax assets as follows:

<TABLE>
<CAPTION>
                                                                        2004             2003
                                                              --------------   --------------

<S>                                                           <C>              <C>
     Deferred income tax assets
        Research and development expenses amortized over
        5 years for tax purposes                              $      66,817    $      86,944
     Loss carry-forwards                                          1,460,000          183,000
     Valuation allowance for deferred income tax assets          (1,200,000)               -
                                                              -------------------------------

                                                              $     326,817    $     269,944
                                                              ===============================
</TABLE>


7.   Bank Loan
--------------

     The loan is repayable, interest only, at 6.5% per annum calculated monthly.
     The  principal is repayable  upon  maturity on March 26, 2005.  The loan is
     guaranteed,  for  up to  85%  of  the  principal  balance,  by  the  Korean
     Technology Credit Guarantee Fund, a government operated fund.


8.   Due From Related Party
---------------------------

     The loan from a minority shareholder is non-interest bearing, unsecured and
     due on demand.


9.   Loan Payable
-----------------

     The  loan  bears  interest  at  8.0%  per  annum  and is  repayable  in two
     installments  in April and July 2004. No payment was made in April or July,
     and the  Company  is in  negotiations  with the lender to  restructure  the
     repayment terms.













                                       18
<PAGE>




KSIGN INTERNATIONAL, INC.
(FORMERLY WITNET INTERNATIONAL, INC.)
Notes to Consolidated Financial Statements
September 30, 2004 and 2003


10.  Capital Stock
------------------

     Authorized
        150,000,000 common shares, par value $0.001 per share
<TABLE>
<CAPTION>
                                                                       2004             2003
                                                              -------------    -------------
     Issued
<S>                                                           <C>              <C>
         47,696,375 common shares (1,260,375 in 2003)         $     47,696     $      1,260
                                                              ===============================
</TABLE>

     In September 2003, the Company issued 32,800,000 common shares, in exchange
     for all the  outstanding  common shares of Ksign Korea as described in note
     1.

     In  November  2003,  the  Company  issued   10,300,000  common  shares  for
     consulting  services valued at $412,000 with regard to the reverse takeover
     transactions as described in note 1.

     In December 2003, the Company issued 4,158,000 common shares for payment of
     accounts payable and shareholder loans valued at $191,610.

     In  December  2003,  the Company  cancelled  880,000  common  shares for no
     consideration.  These shares were initially issued at par value of $880 for
     services that were never completed.

     In March 2004,  the Company  issued  58,000  common  shares for  consulting
     services valued at $11,600.

     In September 2003, the Company authorized a 10 for 1 reverse stock split of
     its  common  shares.   This  split  has   retroactively   been  taken  into
     consideration in the consolidated  financial statements and the calculation
     of earnings per share.


11.  Contingent Liabilities and Commitments
-------------------------------------------

     The Company is  committed  to lease  obligations  for its offices  expiring
     September  2005.  Future  minimum  annual  payments  (exclusive  of  taxes,
     insurance and maintenance costs) under the lease are $48,700.









                                       19
<PAGE>






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

Results of Operation
--------------------

In accordance with a Share Exchange Agreement dated September 5, 2003, the
Registrant entered into a reverse-takeover transaction with KSign Co., Ltd.
(KSign), whereby all the issued and outstanding shares of KSign were exchanged
for 32,800,000 shares of restricted stock of the Registrant. As result of the
transaction, the shareholders of KSign own 69% of the issued and outstanding
stock of the Registrant. Accordingly, while the registrant is the legal parent,
KSign became the parent company for accounting purposes.

The registrant's sales revenue for the quarter ended September 30, 2004 was
$127,754, compared to $270,332 for the comparable period ended September 30,
2003. The reduction in revenue was due to the slow Korean economy. The operating
loss for the quarter ended September 30, 2004 was ($615,561) compared to
($493,315) for the quarter ended September 30, 2003. The loss increase was due
primarily to the slow Korean economy

Overview
--------

The Registrant, through its operating subsidiary KSign Co. Ltd. of South Korea,
("KSign") is a software development company focused on internet security
solutions. KSign is a leading provider of Public Key Infrastructure ("PKI") and
Wireless Public Key Infrastructure ("WPKI") security solutions located in South
Korea. KSign designed, developed and delivered fundamental information security
principals enabling developers, governments and enterprises to add strong
security to their devices, networks and applications.

KSign Co. Ltd., began operations in November of 1999. Headed by CEO Seoung Rag
Choi,KSign currently has 46 employees. The main operation of KSign is located at
Joongpyung B/D.3rd Floor, 748-15, Yeoksam-Dong GangNam-Gu Seoul Korea, 135-011.
KSign's internet site can be found at www.ksign.com.

Trends
------

Internet usage has been growing rapidly and this growth is anticipated to
continue for the next while. Due to the uncertainties that exist in the world
today, security will be a high priority for many companies and governments in
Korea and worldwide. With the advent of e-commerce and usage of internet for
data exchange, the demand for secure ways to accommodate the data flow will
continue to be a priority.

The security industry is dynamic and always progressing. With every advancement
in security technology, there is a corresponding advancement in the technology
to breach the defences provided by security solutions. In this environment, the
Company's Management feel that the need for solutions provided by he Company
will also increase rapidly in the next few years.



                                       20
<PAGE>






Liquidity and Sources of Capital
--------------------------------

As of September 30, 2004, the Company had cash and cash equivalents totalling
$46,643. Management believes it has the resources necessary to maintain its
current business operations in the short term. However, during the next twelve
months, KSign plans to develop business outside of Korea and with new products
that are nearing completion. In order to pursue these plans, management feels
that the Company will need additional investment capital. Management has not
decided at this time how this money is to be raised. However, Management feels
that it will probably be through the issuance of capital stock or convertible
debt.


ITEM 3.  CONTROLS AND PROCEDURES
--------------------------------

In accordance with Exchange Act Rules 13a-15 and 15d-15, we carried out an
evaluation, under the supervision and with the participation of management,
including our Chief Executive Officer and Chief Financial Officer, of the
effectiveness of our disclosure controls and procedures as of the end of the
period covered by this report. Based on that evaluation, our Chief Executive
Officer and Chief Financial Officer concluded that our disclosure controls and
and procedures were effective as of September 30, 2004 to provide reasonable
assurance that information required to be disclosed in our 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.

There has been no change in our internal controls over financial reporting that
occurred during the quarter ended September 30, 2004 that has materially
affected, or is reasonably likely to materially affect, our internal controls
over financial reporting.

Forward-Looking Statements
--------------------------

This Form 10-QSB includes "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements, other than
statements of historical facts, included or incorporated by reference in this
Form 10QSB which address activities, events or developments which the Company
expects or anticipates, will or may occur in the future, including such things
as future capital expenditures (including the amount and nature thereof),
finding suitable merger or acquisition candidates, expansion and growth of the
Company's business and operations, and other such matters are forward-looking
statements. These statements are based on certain assumptions and analysis made
by the Company in light of its experience and its perception of historical
trends, current conditions and expected future developments as well as other
factors it believes are appropriate in the circumstances. However, whether
actual results or developments will conform with the Company's expectations and
predictions is subject to a number of risks and uncertainties, general economic
market and business conditions; the business opportunities (or lack thereof)
that may be presented to and pursued by the Company; changes in laws or
regulation; and other factors, most of which are beyond the control of the
Company. Consequently, all of the forward-looking statements made in this Form
10-QSB are qualified by these cautionary statements, and there can be no
assurance that the actual results or developments anticipated by the Company
will be realized or, even if substantially realized, that they will have the
expected consequence to or effects on the Company or its business or operations.
The Company assumes no obligations to update any such forward-looking
statements.


                                       21
<PAGE>






                                     PART II
                                     -------

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

     (a)  The exhibits required to be filed herewith by Item 601 of regulation
          S-B, as described in the following index of exhibits, are incorporated
          herein by reference, as follows:

Exhibit No.    Description
-----------    -----------------------------------------------------------------
  31.1         Certification by Chief Executive Officer pursuant to Section 302
               of the Sarbanes-Oxley Act of 2002
  31.2         Certificate by Chief Financial Officer pursuant to Section 302 of
               the Sarbanes-Oxley Act of 2002
  32.1         Certification by Chief Executive Officer pursuant to Section 906
               of the Sarbanes-Oxley Act of 2002
  32.2         Certification by Chief Financial Officer pursuant to Section 906
               of the Sarbanes-Oxely Act of 2002

     (b)  The Company did not file any reports on Form 8-K during the quarter
          ended September 30, 2004.






























                                       22
<PAGE>






                                   SIGNATURES
                                   ----------


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

Dated:   November 19, 20024                 KSIGN INTERNATIONAL, INC.

                                            /s/  Seoung Rag Choi
                                            ------------------------------------
                                            Seoung Rag Choi, President



                                            /s/ Hong-Kee Lee
                                            ------------------------------------
                                            Hong-Kee Lee, CFO, Secretary,
                                            Treasurer





























                                       23