SECURITIES AND EXCHANGE COMMISSION

                             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 the quarterly period ended September 30, 2003

                                       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: 000-30583

                               PRACTICEXPERT, INC.
           (Name of Small Business Issuer as specific in its Charter)

             Nevada                                              87-0622329
             ------                                              ----------
 (State or Other Jurisdiction of                              (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)

4130 Cahuenga Blvd, Suite 215, Toluca Lake, CA                     91602
----------------------------------------------                     -----
  (Address of Principal Executive Offices)                       (Zip Code)

          Issuer's telephone number, including area code: 818-655-9945

                           Thaon Communications, Inc.
              (Former name, former address and former fiscal year,
                         if changed since last report)

Indicate by check mark whether the issuer (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  periods 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 November 20, 2003,  the number of shares of Common Stock  outstanding
was 12,950,969.

Transitional Small Business Disclosure Format (check one):  Yes [ ]   No [X]
<PAGE>

                                TABLE OF CONTENTS
<TABLE>
<CAPTION>
                                                                                                              PAGE
<S>                                                                                                             <C>
PART I - FINANCIAL INFORMATION....................................................................................1

ITEM 1        FINANCIAL STATEMENTS................................................................................1

              Consolidated Balance Sheet as of September 30, 2003.................................................1

              Consolidated Statements of Operations for
              the three and six months ended September 30, 2003 and 2002..........................................2

              Consolidated Statements of Cash Flows for
              the three and six months ended September 30, 2003 and 2002..........................................3

              Notes to Consolidated Financial Statements..........................................................4

ITEM 2   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
              CONDITION AND RESULTS OF OPERATIONS................................................................14

ITEM 3   CONTROLS AND PROCEDURES.................................................................................18

PART II - OTHER INFORMATION......................................................................................19

ITEM 1   LEGAL PROCEEDINGS.......................................................................................19

ITEM 2   CHANGES IN SECURITIES...................................................................................19

ITEM 3   DEFAULTS UPON SENIOR SECURITIES.........................................................................20

ITEM 4   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.....................................................20

ITEM 5   OTHER INFORMATION.......................................................................................20

ITEM 6   EXHIBITS AND REPORTS ON FORM 8-K........................................................................20

SIGNATURES ......................................................................................................21
</TABLE>
<PAGE>



<PAGE>

ITEM 1.  FINANCIAL STATEMENTS


                         PART I -- FINANCIAL INFORMATION
                               PRACTICEXPERT, INC.
                     (Formerly, Thaon Communications, Inc.)
                           CONSOLIDATED BALANCE SHEET
                               SEPTEMBER 30, 2003
                                   (Unaudited)

<TABLE>
<CAPTION>
                                     ASSETS

<S>                                                                                                                     <C>
CURRENT ASSETS
Cash & cash equivalents                                                                                                  $    61,880
Accounts receivable                                                                                                          282,217
Other current assets                                                                                                          18,500
                Total current assets                                                                                         362,597

PROPERTY AND EQUIPMENT, net                                                                                                  173,331

OTHER ASSETS
          Restricted cash                                                                                                      7,540
          Deposits                                                                                                             7,235

INTANGIBLES
          Software, net                                                                                                      328,932
          Client list, net                                                                                                 1,437,231

                                                                                                                         $ 2,316,866

                                    LIABILITIES AND STOCKHOLDERS' DEFICIT

 CURRENT LIABILITIES
          Accounts payable & accrued expenses                                                                             $  712,657
          Notes payable - related parties                                                                                    225,309
          Notes payable                                                                                                      281,000
          Advances                                                                                                           422,781
          Dividends payable                                                                                                  721,916
                          Total current liabilities                                                                        2,363,663

Note Payable, related party - Long term                                                                                      138,533

 COMMITMENTS

 STOCKHOLDERS' DEFICIT
           Preferred stock - unclassified, authorized shares 36,000,000, none issued                                           --
           Preferred stock - Series A convertible 6%, $1 par value,
                authorized shares 3,000,000, issued and outstanding 1,650,000                                             1,650,000
           Preferred stock - Series B convertible 8%, $1 par value,
                authorized shares 2,000,000, issued and outstanding 432,697                                                 432,697
           Preferred stock - Series C convertible 6%, $.001 par value,
                authorized shares 2,000,000, issued and outstanding 1,958,736                                                 1,959
           Preferred stock - Series D convertible 6%, $1 par value;
                authorized shares 3,000,000, issued and outstanding 1,00,000                                                100,000
           Preferred stock - Series E convertible 8%, $.001 par value;
                authorized shares 2,000,000, issued and outstanding 120,000                                                     120
           Preferred stock - Series F convertible 8%, $.001 par value;
                authorized shares 2,000,000, issued and outstanding 50,000                                                       50
           Common stock, $.001 par value; authorized shares 200,000,000;
            issued and outstanding 11,225,102                                                                                11,225
           Shares to be issued, 13,333 shares of Series F preferred stock, and
              237,360 shares of common stock                                                                                121,559
           Treasury Stock, 49,000 shares of common stock                                                                   (285,000)
           Additional paid in capital                                                                                     4,114,267
           Accumulated deficit                                                                                           (6,332,207)
                           Total stockholders' deficit                                                                     (185,330)

                                                                                                                        $ 2,316,866
                                                                                                                        -----------
</TABLE>


<PAGE>



                               PRACTICEXPERT, INC.
                     (Formerly, Thaon Communications, Inc.)
                      CONSOLIDATED STATEMENTS OF OPERATION
  FOR THE THREE MONTH AND NINE MONTH PERIODS ENDED SEPTEMBER 30, 2003 AND 2002
                                   (Unaudited)

<TABLE>
<CAPTION>

                                                       For the three month periods  For the nine month periods
                                                           ended September 30,          ended September 30,
                                                          2003         2002            2003         2002
                                                       -----------  --------------  ------------ ------------
<S>                                                   <C>          <C>            <C>            <C>

 Net revenue                                           $  904,658   $   656,320     $ 2,347,303   $2,103,132

 Operating expenses                                     1,494,578       644,070       3,400,908    2,046,454
                                                       ------------------------------------------------------

 Income (loss) from operations                           (589,920)       12,250      (1,053,605)      56,678

 Non-operating Income (expense):
      Gain (Loss) on settlement of debts                        -        (3,190)       (116,761)     302,778
      Gain on legal settlement                             52,326             -          52,326            -
      Gain (Loss) on disposal of asset                          -             -          32,478          250
      Impairment of goodwill                           (1,684,290)            -      (1,684,290)           -
      Interest income                                         927            43           3,182        1,014
      Interest expense                                    (22,236)      (44,241)        (69,468)     (90,766)
                                                       -----------  --------------  ------------ ------------
      Total non-operating income (expense)             (1,653,273)      (47,388)     (1,782,533)     213,276

                                                       -----------  --------------  ------------ ------------
 Income (loss) from continuing operations
  before income taxes                                 (2,243,193)      (35,138)     (2,836,138)      269,954

 Income taxes                                              11,841             -          19,090        2,400
                                                       -----------  --------------  ------------ ------------

 Loss from continuing operations                       (2,255,034)      (35,138)     (2,855,228)     267,554

 Discontinued operations
   Gain on disposal of subsidiaries, net                3,433,069             -       3,433,069            -
                                                       -----------  ------------    ------------ ------------

 Net income                                             1,178,035       (35,138)        577,841      267,554

 Dividend requirement for preferred stock                 (87,729)            -        (296,356)           -
                                                       -----------  --------------  ------------ ------------

 Net income applicable to common shareholders          $1,090,306   $   (35,138)    $   281,485  $   267,554
                                                       ===========  ==============  ============ ============

 Basic weighted average number of
     common stock outstanding*                          9,586,905     8,311,619       8,807,296    8,311,619
                                                       ===========  ==============  ============ ============

 Basic net income per share                            $     0.11   $     (0.00)    $      0.03  $      0.03
                                                       ===========  ==============  ============ ============

 Diluted weighted average number of
     common stock outstanding*                         46,000,057     8,311,619      44,378,790    8,311,619
                                                       ===========  ==============  ============ ============

 Diluted net income (loss) per share                   $     0.02   $     (0.00)    $      0.01  $      0.03
                                                       ===========  ==============  ============ ============

</TABLE>


* The basic and  diluted net loss per share has been  restated to  retroactively
effect 20:1 reverse split on July 21, 2003.

<PAGE>


                               PRACTICEXPERT, INC.
                     (Formerly, Thaon Communications, Inc.)
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
          FOR THE NINE MONTH PERIODS ENDED SEPTEMBER 30, 2003 AND 2002
                                   (Unaudited)
<TABLE>
<CAPTION>


                                                                           2003          2002
                                                                       -----------    ---------
<S>                                                                   <C>           <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
     Net income                                                        $   281,485    $ 267,554
     Adjustments to reconcile net income to net cash
        provided by operating activities:
         Depreciation and amortization                                     254,350      109,220
         Gain on disposal of asset                                         (32,478)        (250)
         Impairment of goodwill                                          1,684,290           --
         (Gain) loss on settlement of debts                                116,761     (302,778)
         Gain on legal settlement                                          (52,326)          --
         Gain on disposal of subsidiaries                               (3,433,069)          --
         Shares issued for services                                        921,754           --
         Shares to be issued for interest                                    9,720           --
         (Increase) decrease in current assets
               Accounts receivable                                         196,093      (97,321)
               Other current assets                                         17,285        8,377
         Increase (decrease) in current liabilities:
               Accounts payable and accrued expense                        321,753      451,707
               Dividends payable                                           296,356    $      --
                                                                       -----------    ---------
     Total Adjustments                                                     300,489      168,955
                                                                       -----------    ---------
             Net cash provided by  operating activities                    581,974      436,509
                                                                       -----------    ---------

CASH FLOWS FROM INVESTING ACTIVITIES
         Restricted cash                                                   174,864       17,709
         Cash paid in acquisition of subsidiaries                               --     (525,000)
         Development of software                                           (99,075)    (129,501)
         Purchase of property & equipment                                 (153,502)      27,157
                                                                       -----------    ---------
             Net cash used in investing activities                         (77,713)    (609,635)
                                                                       -----------    ---------

CASH FLOWS FROM FINANCING ACTIVITIES:
         Proceeds of loans from related parties                             55,557       38,988
         Cash received for shares to be issued                             111,559      200,000
         Proceeds of (payments for) notes payable                         (643,469)         220
                                                                       -----------    ---------
             Net cash provided by (used in) financing activities          (476,353)     239,208
                                                                       -----------    ---------

NET INCREASE IN CASH & CASH EQUIVALENTS                                     27,908       66,082

CASH & CASH EQUIVALENTS, BEGINNING BALANCE                                  33,972       13,411
                                                                       -----------    ---------


CASH & CASH EQUIVALENTS, ENDING BALANCE                                $    61,880    $  79,493
                                                                       ===========    =========
</TABLE>





                               PRACTICEXPERT, INC.
                     (FORMERLY, THAON COMMUNICATIONS, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

1.     DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION

PracticeXpert,  Inc. (the "Company") was originally  incorporated under the name
Engineering Services, Inc. (a Nevada Corporation), on July 13, 1984. The Company
changed its name to Deep Earth,  Inc. in November of 1998. On November 29, 1999,
the Company  changed its name to  CastPro.com,  Inc. On December 31,  1999,  the
Company entered into a stock for stock exchange,  whereby it acquired all of the
stock of Castpro.com,  LLC, a newly organized  California  corporation formed to
conduct  the web cast  business,  in  exchange  for the  issuance  of  8,000,000
additional shares of its Common Stock. On December 29, 2000, the Company entered
into a stock for stock  exchange,  whereby it  acquired  all of the  outstanding
stock of Prime Time Media Solutions,  a Texas corporation  (PTMS) doing business
of acquiring and selling media time. On November 27, 2000,  the Company  changed
its name to Thaon Communications, Inc.

The Company  acquired 100% outstanding  shares of the Clover,  Inc. (AC) in June
2002 for a cash amount of $1,900. AC was formed on July 18, 2001 and on June 27,
2002,  a  certificate  of  fictitious  business  name was filed  for  conducting
business as, Ascent, Inc. AC is media planning, placement and consulting Company
based in  California.  AC had no business  activity and no assets or liabilities
through the acquisition date.

On June 27, 2003, the Company  entered into a stock  purchase  agreement for the
sale of all of the issued and  outstanding  stock of the  Clover,  Inc.,  to Mr.
Steve Aquavia, a former member of the Company's board of Directors.  Pursuant to
the Agreement,  the Company sold 1,000,000  shares of The Clover,  Inc.,  common
stock, which is all of the issued and outstanding stock of the Clover, Inc., for
consideration  of 100,000  shares of the  Company's  common  stock  owned by Mr.
Aquavia.

On April 11, 2003,  the Company  entered into a stock  purchase  agreement  with
PracticeXpert  Services  Corp.,  a  California  corporation,  ("PracticeXpert").
Pursuant to the Purchase Agreement,  which closed on April 11, 2003, the Company
purchased 92% of Practice Xpert's outstanding common stock in exchange for newly
issued  shares  of the  Company's  common  stock  and  shares  of the  Company's
Preferred  Series  C stock  to  former  owner  of  PracticeXpert  (the  "Selling
Shareholders").  As a group, the Selling Shareholders  received 7,670,5965 (post
split) shares of common stock and 1,845,000  shares of Preferred Series C stock,
constituting  72.75% of the Company's voting  securities.  As a condition of the
Purchase Agreement,  on April 11, 2003, the officers of the Company resigned and
the board of directors  appointed  officers of Practice Xpert's as the Company's
officers.

On September 30, 2003,  the Company  purchased  remaining 8% of  PracticeXpert's
outstanding common stock by issuing 472,860 shares of the Company's common stock
and 111,736 shares of Preferred Series C stock.

PracticeXpert  Services Corp., a healthcare  technology and services company, is
in the business of developing and deploying  systems,  technologies and services
designed to improve operational efficiencies,  reduce billing errors and enhance
cash flow for medical practitioners. Its services revolve around PracticeXpert's
flagship patent-pending  hand-held patient encounter system,  PracticeXpert(TM),
and  include  medical  billing,  collections,   transcription,   clinical  trial
accruals,  contracting  and  practice  management.   PracticeXpert  bundles  its
technology  applications with its billing and other practice management services
to provide a complete and integrated solution to its physician customers.


<PAGE>
                               PRACTICEXPERT, INC.
                     (FORMERLY, THAON COMMUNICATIONS, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

PracticeXpert  Services  Corp.  owns  100%  issued  and  outstanding  shares  of
Healthcare   Administrative   Management   Corporation   (HAMC),   a  California
corporation and K.R. Johnson and Associates  (KRJA),  an Idaho  corporation.  On
July 31, 2003, PracticeXpert Services Corp. entered into a purchase agreement to
acquire 100% of Healthcare Billing Solutions, Inc., Montana Corporation.

Healthcare   Administrative   Management   Corporation   (HAMC),   a  California
corporation  was  formed  on July 29,  1997.  HAMC  specializes  in the  billing
services utilizing systems which physicians or nurse practitioners track patient
care data critical for reimbursement of medical bills by insurance companies and
government agencies.

K.R. Johnson and Associates  (KRJA), an Idaho corporation was formed on December
22, 1995.  KRJA provides  healthcare  consulting  and management  services.  The
services   include  accounts   receivable   management,   practice   management,
transcription, practice audits, medical billing and new practice startups.

Healthcare Billing Solutions,  Inc., Montana  corporation was formed on March 8,
2001  and is  medical  billing  and  practice  management  company.  HBS  serves
physicians practicing in mental health, OBGYN, family medicine,  and general and
vascular surgery.

On July 21, 2003, the Company changed its name to PracticeXpert, Inc.

PRINCIPLES OF RECAPITALIZATION

The  accompanying  financial  statements for the period ended September 30, 2003
and 2002 include the accounts of the  PracticeXpert  for the nine-month  periods
ended  September  30, 2003 and 2002.  The  operations  of the Company  have been
included  with  those of  PracticeXpert  since the date of  consummation  of the
merger.  For  accounting  purposes,  the  transaction  between  the  Company and
PracticeXpert  has been treated as a  recapitalization  of  PracticeXpert,  with
PracticeXpert as the accounting acquirer (reverse acquisition).

BASIS OF PRESENTATION

The accompanying  unaudited condensed  consolidated interim financial statements
have  been  prepared  in  accordance  with  the  rules  and  regulations  of the
Securities and Exchange  Commission for the  presentation  of interim  financial
information,  but do not include all the information  and footnotes  required by
generally accepted accounting principles for complete financial statements.  The
audited  consolidated  financial statements for the year ended December 31, 2002
was filed on April 11, 2003 with the Securities and Exchange  Commission and are
hereby  referenced.  In the opinion of management,  all  adjustments  considered
necessary for a fair presentation have been included.  Operating results for the
nine-month period ended September 30, 2003 are not necessarily indicative of the
results that may be expected for the year ended December 31, 2003.

SEGMENT REPORTING

Statement of Financial  Accounting  Standards No. 131 ("SFAS 131"),  "Disclosure
About  Segments of an Enterprise  and Related  Information"  requires use of the
"management approach" model for segment reporting. The management approach model
is based on the way a company's management organizes segments within the company
for making operating  decisions and assessing  performance.  Reportable segments
are based on products  and  services,  geography,  legal  structure,  management
structure,  or any other  manner in which  management  disaggregates  a company.
Currently,  SFAS  131 has no  effect  on the  Company's  consolidated  financial
statements as substantially all of the Company's operations are conducted in one
industry segment.



<PAGE>

                               PRACTICEXPERT, INC.
                     (FORMERLY, THAON COMMUNICATIONS, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

2.   PRINCIPLES OF CONSOLIDATION

The Consolidated  Financial  Statements  include the accounts of the Company and
its  wholly  owned  subsidiaries   PracticeXpert  Services,   Corp.,  Healthcare
Administration  Management Corp., KR Johnson & Associates and Healthcare Billing
Solutions,  Inc. The historical  results for the period ended September 30, 2003
include PracticeXpert Services, Corp. HAMC, and KR Johnson & Associates for nine
months period and Healthcare Billing Solutions,  Inc. from the acquisition date,
July 31, 2003 to September 30, 2003. All significant inter-company  transactions
and balances have been  eliminated for the periods ended  September 30, 2003 and
2002.

3.   RECENT PRONOUNCEMENTS

On April 30, 2003, the FASB issued FASB  Statement No. 149 (FAS 149),  AMENDMENT
OF STATEMENT  133 ON  DERIVATIVE  INSTRUMENTS  AND HEDGING  ACTIVITIES.  FAS 149
amends and  clarifies  the  accounting  guidance on (1)  derivative  instruments
(including certain derivative  instruments  embedded in other contracts) and (2)
hedging  activities  that fall within the scope of FASB  Statement  No. 133 (FAS
133), ACCOUNTING FOR DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES. FAS 149 also
amends  certain  other  existing  pronouncements,  which  will  result  in  more
consistent reporting of contracts that are derivatives in their entirety or that
contain  embedded  derivatives  that  warrant  separate  accounting.  FAS 149 is
effective (1) for contracts  entered into or modified after June 30, 2003,  with
certain exceptions,  and (2) for hedging relationships designated after June 30,
2003. The guidance is to be applied prospectively.  The adoption of SFAS No. 149
does not have a material impact on the Company's  financial  position or results
of operations or cash flows.

On May 15, 2003,  the Financial  Accounting  Standards  Board (FASB) issued FASB
Statement No. 150 (FAS 150),  ACCOUNTING FOR CERTAIN FINANCIAL  INSTRUMENTS WITH
CHARACTERISTICS  OF BOTH LIABILITIES AND EQUITY.  FAS 150 changes the accounting
for certain  financial  instruments  that,  under  previous  guidance,  could be
classified as equity or "mezzanine"  equity,  by now requiring those instruments
to be  classified  as  liabilities  (or  assets  in some  circumstances)  in the
statement of financial position.  Further, FAS 150 requires disclosure regarding
the terms of those instruments and settlement  alternatives.  FAS 150 affects an
entity's   classification  of  the  following   freestanding   instruments:   a)
Mandatorily  redeemable  instruments  b) Financial  instruments to repurchase an
entity's own equity instruments c) Financial  instruments  embodying obligations
that the issuer must or could  choose to settle by issuing a variable  number of
its shares or other  equity  instruments  based  solely on (i) a fixed  monetary
amount known at inception or (ii) something other than changes in its own equity
instruments  d) FAS 150  does not  apply to  features  embedded  in a  financial
instrument that is not a derivative in its entirety.  The guidance in FAS 150 is
generally effective for all financial instruments entered into or modified after
May 31, 2003,  and is otherwise  effective at the beginning of the first interim
period  beginning  after  June 15,  2003.  For  private  companies,  mandatorily
redeemable  financial  instruments  are subject to the provisions of FAS 150 for
the fiscal period  beginning  after  December 15, 2003. The adoption of SFAS No.
149 does not have a  material  impact on the  Company's  financial  position  or
results of operations or cash flows.



<PAGE>

                               PRACTICEXPERT, INC.
                     (FORMERLY, THAON COMMUNICATIONS, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

4.   INTANGIBLE ASSETS

During the period ended September 30, 2003 and 2002,  PracticeXpert  capitalized
internal and external costs of $391,826 and $129,501, respectively,  incurred to
develop  internal-use  computer  software during the application and development
stage.  Capitalized  software  is  amortized  over a period of 5 years using the
straight-line method. Amortization began when the software was available for its
intended use. The  amortization  amounts for the period ended September 30, 2003
and  2002  were  $62,894  and  $9,811,   respectively.   The  Company  evaluates
capitalized  software cost for  recoverability and writes down such costs if the
unamortized cost is lower than its net realizable value.

The Company has client lists acquired through purchase of subsidiaries valued at
$1,727,023 and $1,699,937 as of September 30, 2003 and 2002, respectively.  This
client lists is amortized over one to nine years. The amortization  expenses for
the  period  ended  September  30,  2003 and 2002  were  $289,792  and  $39,170,
respectively.

On September 30, 2003,  the Company  purchased  remaining 8% of  PracticeXpert's
outstanding common stock by issuing 472,860 shares of the Company's common stock
and 111,736 shares of Preferred Series C stock, total valued at $1,684,290. This
additional investment was recorded as goodwill and entire amount was written off
as impairment of goodwill during the period ended September 30, 2003.

5.   STOCKHOLDERS' EQUITY

STOCK SPLIT

On January 10, 2003, the Company  executed a 50 to 1 reverse stock split for all
shareholders  of record as of January 9, 2003.  On July 21,  2003,  the  Company
executed a 20 to 1 reverse stock split for all shareholders of record. All share
and per share  data have been  retroactively  restated  to reflect  these  stock
splits.

SPIN OFF OF SUBSIDIARY

On February 2003,  the Board of Directors  approved a dividend of 300,000 shares
of common  stock of Legal  Broadcast  Company  ("LBC"),  which  represented  the
Company's  15%  ownership  interest in LBC at that time, to all of the Company's
shareholders of record as of February 14, 2003, on a pro rata proportion  basis.
These 300,000  shares  represent all of the remaining  interest that the Company
held in LBC. The dividend  resulted in a charge of $248,071 to the equity of the
Company.

On September 10, 2003, the Company  entered into a stock  transfer  agreement to
transfer 100% of the Company's  holdings in PTS, Castpro.  Com and PTD to Future
Options,  Inc. Future Options,  Inc. assumed full obligations of these entities.
The Company recorded $3,433,069 as a gain on disposal of subsidiaries during the
period ended September 30. 2003.

PREFERRED STOCK

On October 17, 2001, the Company filed its  Certificate of Designation to change
the issuance of preferred  stock.  The Company is authorized to issue 50,000,000
shares of Preferred  stock,  of which  8,000,000  will have a par value of $1.00
(3,000,000  shares of 6% A convertible  Series,  2,000,000 shares of Series 8% B
convertible  Series and 3,000,000 shares of Series 6% D convertible  Series) and
42,000,000  will have a par value of  $0.001.  2,000,000  shares of Series E and
Series  F  Preferred  Stock,  each,  were  designated  with a value  of  $0.001.
Remaining shares in the category have not been designated through this date.



<PAGE>

                               PRACTICEXPERT, INC.
                     (FORMERLY, THAON COMMUNICATIONS, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

The Series A convertible  Preferred  stock, at the option of the holder thereof,
is convertible into fully paid share of common stock,  equal to the par value of
the Series A convertible Preferred stock being converted plus accrued and unpaid
dividends,  divided by closing  market price of the common  stock,  subject to a
maximum of 6,000,000 shares of common stock. The Series A convertible  Preferred
stock is  redeemable  by the  corporation  at any time at the rate of $1.00 plus
accrued and unpaid dividends. Upon receipt of notice of redemption,  the holders
of preferred  stock will have 30 days to convert Series A convertible  Preferred
stock into  common  stock.  The holders of Series D  convertible  stock shall be
entitled  to receive the  redemption  before the  holders of common  stock.  The
holders of the Series A convertible  stock are entitled to receive  dividends at
the rate of 6% per annum payable  yearly in shares of the  corporation's  common
stock.  The Series A  convertible  Preferred  stock  shall have the full  voting
rights.

During the period ended September 30. 2003, the Company issued  1,150,000 shares
of the Series A convertible Preferred shares to the shareholders for exchange of
the  Preferred  Series A stock of  PracticeXpert  Services,  Corp.  for the same
number of shares.

The Series B convertible  Preferred  stock, at the option of the holder thereof,
is convertible  into fully paid share of common stock, on the basis of 10 shares
of common stock for each one share of Series B convertible Preferred stock being
converted plus accrued and unpaid dividends.  The Series B convertible Preferred
stock is  redeemable  by the  corporation  at any time at the rate of $1.00 plus
accrued and unpaid dividends. The holders of Series B convertible stock shall be
entitled  to receive the  redemption  before the  holders of common  stock.  The
holders of the Series B convertible  stock are entitled to receive  dividends at
the rate of 8% per annum payable  yearly in shares of the  corporation's  common
stock.  The Series B  convertible  Preferred  stock  shall have the full  voting
rights and shall vote 10 votes per share of Series B Preferred Stock held.

During  the  period  ended  September  30.  2003,  70,000  shares  of  Series  B
convertible  Preferred  stock  were  exchanged  with  70,000  shares of Series E
convertible Preferred stock.

The Series C  convertible  Preferred  stock is  entitled to receive 6% per annum
dividend, in preference to any other class. Class C convertible Preferred stock,
at the  option of the holder  thereof,  is  convertible  into 15 share of common
stock, The holders of Series C convertible stock shall be paid out of the assets
of the Company  prior and in preference  to any payment or  distribution  out of
assets  to the  holders  of the  common  stock or any  other  class of series of
capital  stock of the Company but  subordinate  to any  dividend  preference  of
Series A, D, E and F  Preferred  shares of the Company in amount per share equal
to $1.00 plus all declared but unpaid dividends on such shares to the date fixed
for distribution. The holders of Series C convertible Preferred stock shall have
the voting rights such holder's  shares of Series C Preferred are converted into
shares of common stock at which time the holder shall have the voting  rights of
the holders of common stock shares.

issued  113,736 shares of the Series C convertible  Preferred  stock to purchase
remaining 8% of PracticeXpert Services, Corp. (note 1)

The Series D  convertible  Preferred  stock is  entitled to receive 6% per annum
dividend, in preference to any other class. Class D convertible Preferred stock,
at the option of the holder  thereof,  is  convertible  into fully paid share of
common stock, equal to the par value of the Class D convertible  Preferred stock
being converted plus accrued and unpaid dividends,  divided by 95% of the market
price of the common stock. The Class D convertible Preferred stock is redeemable
by the  corporation  at any time at the rate of $1.00  plus  accrued  and unpaid
dividends.  The  holders of Series D  convertible  stock  shall be  entitled  to
receive the redemption before the holders of any other series of preferred stock
and common stock. Upon receipt of notice of redemption, the holders of preferred
stock  will have 30 days to convert  Class D  convertible  Preferred  stock into
common  stock.  The Series D  convertible  Preferred  stock  shall have the full
voting rights and shall be entitled to vote 25 votes per each share.

During the period  ended  September  30,  2003,  900,000  shares of the Series D
convertible  Preferred  stock  were  cancelled  for  the  sale  of  85%  of  the
outstanding  shares of LBC and 2,000,000  shares were  converted  into 1,754,386
shares of common stock.


<PAGE>


                               PRACTICEXPERT, INC.
                     (FORMERLY, THAON COMMUNICATIONS, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

The Series E convertible  Preferred  stock, at the option of the holder thereof,
is  convertible  into fully paid share of common  stock,  equal to two shares of
common stock for each one share of Series E  convertible  Preferred  stock being
converted plus accrued and unpaid dividends.  The Series E convertible Preferred
stock is  redeemable  by the  corporation  at any time at the rate of $1.25 plus
accrued and unpaid dividends. The holders of Series E convertible stock shall be
entitled  to receive the  redemption  before the  holders of common  stock.  The
holders of the Series E convertible  stock are entitled to receive  dividends at
the rate of 8% per annum payable  yearly in shares of the  corporation's  common
stock.  The Series E  convertible  Preferred  stock  shall have the full  voting
rights  and shall be  entitled  to vote two votes for each one share of Series E
Preferred Stock held.

During the period ended  September 30. 2003, the Company issued 70,000 shares of
Series E  convertible  Preferred  stock in exchange of 70,000 shares of Series B
convertible Preferred stock.

The Series F convertible  Preferred  stock, at the option of the holder thereof,
is  convertible  into fully paid  share of common  stock,  equal to 10 shares of
common stock for each one share of Series F  convertible  Preferred  stock being
converted plus accrued and unpaid dividends.  The Series F convertible Preferred
stock is  redeemable by the  corporation  at any time at the rate of $ 1.25 plus
accrued and unpaid dividends. The holders of Series F convertible stock shall be
entitled  to receive the  redemption  before the  holders of common  stock.  The
holders of the Series F convertible  stock are entitled to receive  dividends at
the rate of 8% per  annum if paid in cash  and 12% per  annum if paid in  common
stock.  The Series F  convertible  Preferred  stock  shall have the full  voting
rights and shall be entitled to 10 votes per share.

As of September 30, 2003, the Company has received cash in the amount of $10,000
for 13,333 shares of Series F preferred stock to be issued.

COMMON STOCK

During the period ended September 30, 2003, the Company  converted 20,000 shares
of series F  convertible  prefer  stock to 10,000  shares of common stock of the
Company.

During the period ended  September 30, 2003, the Company issued common stocks in
exchange of various services to following parties:

During the period ended September 30, 2003, the Company issued 162,491 shares of
common stock for cash amounting $60,950.

During the period ended  September 30, 2003, the Company issued 28,312 shares of
common stock as  promotional & tradeshow  fees  amounting  $37,020.  The Company
issued  572,461  shares of  common  stock  for  legal  and  consulting  services
amounting $830,817. The Company issued 8,625 shares of common stock for interest
amounting  $13,443.  The Company  issued 27,499 shares of common stock for bonus
amounting  $30,624.  The  Company  issued  3,979  shares of its common  stock in
against the building lease amounting $3,600. The Company issued 20,000 shares of
common  stock in exchange of video  production  amounting  $22,095.  The Company
issued 281,836 shares of common stock valued at $140,918 for the settlement of a
note payable  amounting  $24,157.  The  difference  of the note and the value of
stock issued, amounting $116,761 was recorded as a loss on settlement of debt in
the period ended  September 30, 2003. The Company issued 67,500 shares of common
stock for payments of accounts payable and accrued expense amounting $107,775.

During the period ended September 30, 2003, the Company issued  1,754,386 shares
of common stock for conversion of the Series D of convertible Preferred stock.

During the period ended  September 30, 2003, the Company issued 10,000 shares of
common stock valued at $10,910 to purchase Healthcare Billing Solutions, Inc.

During the period ended September 30, 2003, the Company issued 472,860 shares of
common  stock were issued to purchase  remaining 8% of  PracticeXpert  Services,
Corp. (note 1) amounting $365,521.

ISSUANCE OF SHARES FOR SERVICE

The Company accounts for the issuance of equity instruments to acquire goods and
services.  The stocks were valued at the average fair market value of the freely
trading shares of the Company as quoted on OTCBB on the date of issuance

6.   SUPPLEMENTAL DISCLOSURE OF CASH FLOWS

The Company  prepares its statements of cash flows using the indirect  method as
defined under the Financial Accounting Standard No. 95.

The  Company  paid $0 for income tax and $52,839  for  interest  during the nine
month period ended  September 30, 2003.  The Company paid $10 for income tax and
$56,628 for interest during the nine month period ended September 30, 2002

The cash  flow  statements  do not  include  following  non-cash  investing  and
financing activities:

During the period ended  September 30, 2003, the Company issued 28,312 shares of
common stock as  promotional & tradeshow  fees  amounting  $37,020.  The Company
issued  572,461  shares of  common  stock  for  legal  and  consulting  services
amounting $830,817. The Company issued 8,625 shares of common stock for interest
amounting  $13,443.  The Company  issued 27,499 shares of common stock for bonus
amounting  $30,624.  The  Company  issued  3,979  shares of its common  stock in
against the building lease amounting $3,600. The Company issued 20,000 shares of
common  stock in exchange of video  production  amounting  $22,095.  The Company
issued 281,836 shares of common stock valued at $140,918 for the settlement of a
note payable  amounting  $24,157.  The  difference  of the note and the value of
stock issued, amounting $116,761 was recorded as a loss on settlement of debt in
the period ended  September 30, 2003. The Company issued 67,500 shares of common
stock for payments of accounts payable and accrued expense amounting $107,775.

During the period ended  September 30, 2003, the Company issued 10,000 shares of
common stock valued at $10,910 to purchase Healthcare Billing Solutions, Inc.

During the period ended September 30, 2003, the Company issued 472,860 shares of
common  stock were issued to purchase  remaining 8% of  PracticeXpert  Services,
Corp. (note 1) amounting $365,521.

<PAGE>
                               PRACTICEXPERT, INC.
                     (FORMERLY, THAON COMMUNICATIONS, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

7.   BASIC AND DILUTED NET LOSS PER SHARE

Basic and diluted net loss per share for the nine-month  periods ended September
30, 2003 and 2002 were  determined  by dividing  net loss for the periods by the
weighted average number of both basic and diluted shares of common stock and all
the convertible preferred stock are regarded as common stock equivalents and are
considered in diluted net loss per share calculations.

8.   GOING CONCERN

The  accompanying  financial  statements  have been prepared in conformity  with
generally accepted accounting principle,  which contemplate  continuation of the
Company as a going  concern.  However,  the Company has  accumulated  deficit of
$6,332,207 as of September 30, 2003. The total shareholders' deficit amounted to
$185,330 on September 30, 2003.  The continuing  losses have adversely  affected
the liquidity of the Company. The Company faces continuing  significant business
risks including, but not limited to, its ability to maintain vendor and supplier
relationships by making timely payments when due.

In view of the matters described in the preceding paragraph, recoverability of a
major portion of the recorded  asset amounts shown in the  accompanying  balance
sheet is dependent  upon continued  operations of the Company,  which in turn is
dependent  upon the  Company's  ability  to  raise  additional  capital,  obtain
financing and to succeed in its future operations.  The financial  statements do
not include any adjustments relating to the recoverability and classification of
recorded asset amounts or amounts and  classification  of liabilities that might
be necessary should the Company be unable to continue as a going concern.

Management  has taken the following  steps to revise its operating and financial
requirements,  which it believes are  sufficient to provide the Company with the
ability to continue as a going concern.  Management devoted  considerable effort
during the period ended  September 30, 2003,  towards (i)  obtaining  additional
equity  financing (ii)  controlling  of salaries and general and  administrative
expenses, and (iii) management of accounts payable.

In that regard,  on March 19, 2003,  the Company  entered into a stock  purchase
agreement (the  "Purchase  Agreement")  with Practice  Xpert  Services  Corp., a
California  corporation,  ("Practice  Xpert") engaged in the business of medical
billing and practice management. On November 10, 2003, the Company completed the
acquisition of National Healthcare Management Services,  Inc. ("NHMS").  NHMS is
located in West Virginia and provides medical billing,  practice  management and
transcription services to physician practices and dental offices located in West
Virginia, Maryland, Ohio, North Carolina, South Carolina and New Jersey.

9.   LEGAL SETTLEMENTS

The  landlord of the building  where the  corporate  office was located  filed a
Complaint  against the Company for the unpaid  rental  payments  and  overvalued
stock security paid for prepaid rent.  This case was dismissed on July 10, 2003.
The accrued  rent  amounting  $52,326 has been  reversed and recorded as gain on
legal settlement in the financial statements.

A petition  was filed  against  the Company on August 22, 2002 by a law firm for
unpaid attorney fees of $58,889. On September 17, 2003, the parties entered into
a settlement agreement that the retention shares held by the attorney's designee
may be sold at any time.  In the event the shares are sold,  if the net proceeds
are less than the balance,  the Company  agreed to pay the remaining  balance in
cash or in Company's stock at the attorney's option. The unpaid balance has been
accrued in the financial statements.



<PAGE>

                               PRACTICEXPERT, INC.
                     (FORMERLY, THAON COMMUNICATIONS, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


10.  DISCONTINUED OPERATIONS

On November 6, 2002, CastPro.com, LLC ("LLC"), a subsidiary of the Company filed
a Chapter 7 bankruptcy and on December 31, 2002, PTMS, subsidiary of the Company
filed a Chapter 7 bankruptcy.  On September 23, 2003,  the Company  finalized an
arrangement  under which it transferred legal ownership of three of its inactive
subsidiaries to an independent consulting firm for final disposition.  Under the
agreement,  the consulting firm took the ownership of PTS TV, INC., CASTPRO.COM,
LLC,  and Prime  Time  Distribution,  Inc.,  all  inactive  subsidiaries  of the
Company.  The  disposition  resulted in net gain of $3,433,069 to the company in
the period ended September 30, 2003.

11.  RECLASSIFICATION

For comparative purposes,  prior period's consolidated financial statements have
been reclassified to conform with report classifications of the current period.

12.  ACQUISITION

The Company entered into a stock purchase  agreement (the "Purchase  Agreement")
with Practice Xpert Services Corp., a California corporation, ("Practice Xpert")
engaged in the business of medical billing and practice management.  Pursuant to
the Purchase  Agreement,  which closed on April 11, 2003, the Company  purchased
92% of Practice  Xpert's  outstanding  common stock in exchange for newly issued
shares of the  Company's  common  stock and  shares of the  Company's  Preferred
Series C stock to Jonathan Doctor, Monica Dedovich,  Zima Hartz, Michael Manahan
(the "Selling  Shareholders").  As a group,  the Selling  Shareholders  received
153,411,925  shares of common stock and 1,845,000  shares of Preferred  Series C
stock, constituting 72.75% of the Company's voting securities. As a condition of
the Purchase  Agreement,  on April 11, 2003, the current officers of the Company
resigned and the board of directors  appointed  officers of Practice  Xpert's as
the  Company's  officers.   Unaudited  PROFORMA   information  related  to  this
acquisition is not included.

On September 30, 2003,  the Company  purchased  remaining 8% of  PracticeXpert's
outstanding common stock by issuing 472,860 shares of the Company's common stock
and 111,736 shares of Preferred Series C stock.

PracticeXpert  Services Corp., a healthcare  technology and services company, is
in the business of developing and deploying  systems,  technologies and services
designed to improve operational efficiencies,  reduce billing errors and enhance
cash flow for medical practitioners. Its services revolve around PracticeXpert's
flagship patent-pending  hand-held patient encounter system,  PracticeXpert(TM),
and  include  medical  billing,  collections,   transcription,   clinical  trial
accruals,  contracting  and  practice  management.   PracticeXpert  bundles  its
technology  applications with its billing and other practice management services
to provide a complete and integrated solution to its physician customers.

The  acquisition of  PracticeXpert  Services Corp. is accounted for as a reverse
acquisition  under the purchase method of accounting  since the  shareholders of
PracticeXpert  Services  Corp.  obtained  control  of the  consolidated  entity.
Accordingly,   the  merger  of  the  two   companies  has  been  recorded  as  a
recapitalization  of PracticeXpert  Services Corp., with PracticeXpert  Services
Corp.  being  treated as the  continuing  entity.   The  continuing  company has
retained December 31 as its fiscal year end. Proforma  financial  statements are
not  presented  as the  operations  of the Company were  insignificant  prior to
merger.



<PAGE>

                               PRACTICEXPERT, INC.
                     (FORMERLY, THAON COMMUNICATIONS, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

13.  LOSS ON SETTLEMENT OF DEBTS

During the period ended September 30, 2003, the Company issued 281,836 shares of
common stock valued at $140,918 for the  settlement of a note payable  amounting
$24,157.  The  difference of the note and the value of stock  issued,  amounting
$116,761 was recorded as a loss on settlement of debt.

14.  COMMITMENTS

The Company has office lease agreements for 7 and 8 years commenced  December 1,
2002 and  October 1, 1999.  Future  commitments  under  operating  leases are as
follows for the twelve month ending September 30:

               2004                                 $   165,933
               2005                                     170,478
               2006                                     174,314
               2007                                     178,244
               2008                                     104,752
               Remaining after 5 yrs                    117,078
                                                     ----------
               Total minimum lease payment           $  910,799
                                                     ==========

The rent expenses  were $121,076 and $96,375 for the period ended  September 30,
2003 and 2002, respectively.

15.   SUBSEQUENT EVENT

ACQUISITION:
On  November  10,  2003,  the  Company  completed  the  acquisition  of National
Healthcare Management Services,  Inc. ("NHMS").  NHMS, located in West Virginia,
provides  medical billing,  practice  management and  transcription  services to
physician practices and dental offices located in West Virginia, Maryland, Ohio,
North Carolina, South Carolina and New Jersey.

A summary of the NHMS assets acquired, liabilities assumed and consideration for
is as follows:
                                    Allocated
                                                                       AMOUNT

            Current assets                                            $107,380
            Non-current assets                                          40,941
            Current liabilities                                       (184,431)
            Long-term liabilities                                      (36,612)
            Client lists and intangible assets                         522,722
                                                                       -------
                                                                      $450,000

            CONSIDERATION PAID                                        AMOUNT

            Cash                                                      $150,000
            8% Note payable - payable in 2007                          150,000
            Common stock -                                             150,000
                                                                       -------
                                                                      $450,000

           Unaudited Pro-forma revenue, net income and income per share assuming
           the  transaction  had been  completed at the beginning of the periods
           reported, on pro-forma financial results would be as follows:

          For Nine months period
                                                  SEPTEMBER 30,    SEPTEMBER 30,
                                                        2003           2002
                                                  ------------------------------
                                                  (Unaudited)       (Unaudited)
Revenue                                            $2,685,616       $  754,944
                                                                     2,405,865
Net profit for the period                          $  256,070       $  280,609
Net profit per share                               $     0.02       $     0.03


CREDIT FACILITY:

Subsequent to September 30, 2003,  the Company  entered into an agreement  under
which a lender will advance the company 90% of its eligible outstanding accounts
receivable,  up to a maximum  of $2  million,  and with an  initial  advance  of
$500,000.  The credit  facility is secured by a charge against all of the assets
of the corporation.  It also contains a conversion privilege that allows each of
the Company and the lender to convert, at a fixed conversion price, a portion or
all of the loan to equity.

<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
         RESULTS OF OPERATIONS.

The following  discussion and analysis  should be read in  conjunction  with the
Company's financial statements, including the notes thereto, appearing elsewhere
in this Report.

THIS  QUARTERLY  REPORT ON FORM 10-QSB  CONTAINS  STATEMENTS  RELATING TO FUTURE
RESULTS OF THE COMPANY (INCLUDING CERTAIN  PROJECTIONS AND BUSINESS TRENDS) THAT
ARE "FORWARD-LOOKING STATEMENTS" AS DEFINED IN THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995. ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE PROJECTED AS
A RESULT OF  CERTAIN  RISKS AND  UNCERTAINTIES,  INCLUDING  BUT NOT  LIMITED  TO
CHANGES IN POLITICAL AND ECONOMIC  CONDITIONS,  DEMAND FOR AND MARKET ACCEPTANCE
OF NEW AND EXISTING PRODUCTS, AS WELL AS OTHER RISKS AND UNCERTAINTIES  DETAILED
FROM TIME TO TIME IN THE FILINGS OF THE COMPANY WITH THE SECURITIES AND EXCHANGE
COMMISSION.

OVERVIEW

PracticeXpert,  Inc., a Nevada  corporation  (the  "Company"),  was incorporated
under the name Engineering  Services,  Inc., on July 13, 1984.  Subsequently the
Company  went  through a series of name  changes  and  changes  in its  business
activities.  On  November  27,  2000,  the  Company  changed  its  name to Thaon
Communications,  Inc. As Thaon,  the Company acquired and/or started a number of
media and communications businesses, all of which were ultimately discontinued.

On April 11, 2003,  the Company  entered into a stock  purchase  agreement  with
Practice Xpert Services Corp., a California corporation,  ("PXSC").  Pursuant to
the Purchase  Agreement,  which closed on April 11, 2003, the Company  purchased
92% of PXSC's  outstanding  common stock in exchange for newly issued  shares of
the Company's common stock and shares of the Company's  Preferred Series C stock
to former owners of PXSC (the "Selling  Shareholders").  As a group, the Selling
Shareholders  received  7,670,5965  (post  split)  shares  of  common  stock and
1,845,000  shares  of  Preferred  Series C  stock,  constituting  72.75%  of the
Company's voting securities.  As a condition of the Purchase Agreement, on April
11,  2003,  the  officers of the  Company  resigned  and the board of  directors
appointed officers of PXSC's as the Company's officers.

On or about  July 15,  2003 the  Company  filed a  revision  to it  articles  of
incorporation  with  the  State of  Nevada  and  changed  its  name  from  Thaon
Communications,  Inc.  to  PracticeXpert,  Inc.  so that its name  would  better
reflect the primary business of the Company.

On July 31, 2003 the Company acquired all of the outstanding stock of Healthcare
Billing  Solutions,  Inc.,  Great Falls,  Montana,  a small medical  billing and
practice management company operating in the Great Falls area.

On September 10, 2003, the Company  entered into a stock  transfer  agreement to
transfer 100% of the Company's  holdings in PTS, Castpro.  Com and PTD to Future
Options,  Inc. Future Options,  Inc. assumed full obligations of these entities.
These  subsidiaries  were  all  non-operating  subsidiaries  and  relate  to the
Company's former discontinued business operations.

<PAGE>

On  September  30,  2003,  the  Company  purchased  the  remaining  8% of PXSC's
outstanding  common stock that is did not own by issuing  472,860  shares of the
Company's  common stock and 111,736  shares of  Preferred  Series C stock to the
remaining PXSC stockholders.

PRACTICE XPERT

PracticeXpert,  Inc.,  through it primary operating  subsidiary,  Practice Xpert
Services Corp. ("PXSC") is a healthcare  technology and services company that is
in the business of developing and deploying  systems,  technologies and services
designed to improve operational efficiencies,  reduce billing errors and enhance
cash flow for medical  practitioners.  Its services revolve around its hand-held
patient encounter system, PXpert(TM), and include medical billing,  collections,
transcription,  clinical trial accruals,  contracting  and practice  management.
PXSC has sought patent  protection for the PXpert system by filing a U.S. Patent
Application. PXSC bundles its technology applications with its billing and other
practice  management  services to provide a complete and integrated  solution to
its physician customers. PXSC, through its operating subsidiaries in California,
Idaho,  and Montana  currently  provides  services to  physicians in a number of
states,  including Alaska,  California,  Idaho, Montana,  Washington and Nevada.
PXSC employs  approximately xx people,  and has grown by utilizing a strategy of
acquiring  operating  medical  billing  companies,  then using its technology to
improve  operational  efficiencies  for its customers,  and to reduce  operating
expenses of the business.

RESULTS OF OPERATIONS

The following  sections  discuss the results of operations for the third quarter
and nine month  period  ended  September  30,  2003  compared  to the results of
operations for the third quarter and nine month period ended  September 30, 2002
and were derived from our financial  statements  and notes  thereto  included in
this  quarterly  report which are  unaudited,  and related  records.  Historical
results are not  necessarily  indicative of results that may be expected for any
future period. The following information data should be read in conjunction with
our unaudited financial statements, including the related footnotes.

Net revenue was $904,658 for the three months ended  September 30, 2003 compared
to $656,320 for the three months ended September 30, 2002.  Revenues in the 2003
period  were  greater  as a  result  of new  business,  and as a  result  of the
acquisition of Healthcare  Billing  Solutions,  Inc.,  which occurred during the
third quarter of 2003.

Net revenues for the nine months ended  September  30, 2003 were  $2,347,303  as
compared  to net  revenues  for the nine  months  ended  September  30,  2002 of
$2,103,132.  Revenues in the nine month  period in 2003 period were also greater
as a result of new business,  and as a result of the  acquisition  of Healthcare
Billing Solutions, Inc., which occurred during the third quarter of 2003.


<PAGE>


Our  operating  expenses  for the three  months  ended  September  30, 2003 were
$1,494,578  compared to $644,070 for the three months ended  September 30, 2002.
Operating  expenses  increased  in 2003 over  2002 due to  expenses  related  to
servicing new business,  costs associated with merging Practice Xpert into Thaon
Communications, and costs associated with being a publicly traded company. Also,
during the quarter the Company  incurred certain expenses as it continued to put
into place its national sales and marketing strategy,  incurred expenses related
to its continued  pursuit of  acquisition  opportunities  and continued to incur
expenses related to the ongoing development of its patent-pending software.

Our  operating  expenses  for the nine  months  ended  September  30,  2003 were
$3,400,908, compared to $2,046,454 for the nine months ended September 30, 2002.
Operating  expenses  increased  in 2003 over  2002 due to  expenses  related  to
servicing new business,  costs associated with merging Practice Xpert into Thaon
Communications, and costs associated with being a publicly traded company. Also,
during the nine  month  period  the  Company  incurred  certain  expenses  as it
continued to put into place its national sales and marketing strategy,  incurred
expenses  related to its continued  pursuit of  acquisition  opportunities,  and
continued  to  incur  expenses  related  to  the  ongoing   development  of  its
patent-pending software.

We had net income of  $1,090,306,  or a basic net  income  per  common  share of
$0.11,  and a diluted net income of $0.02 for the three months  ended  September
30, 2003 compared to a net loss of $35,138,  or a basic and diluted net loss per
common share of $0.00, for the three months ended September 30, 2002. Net income
for the current  period  includes  $537,237 in expenses paid in stock, a $52,326
gain on the  settlement of litigation,  $1,684,290  recorded as an impairment of
goodwill and related to the acquisition of the remaining 8% of Practice Xpert, a
$3,433,069 gain on the disposal of  non-operating  subsidiaries,  and $87,729 in
accrued  dividends  on  Preferred  Stock  which are  payable  in  stock,  at the
Company's option.

We had net income of $281,485,  or a basic net income per common share of $0.03,
and a diluted  net income per common  share of $0.01 for the nine  months  ended
September  30, 2003  compared to net income of $267,554,  or a basic and diluted
net income per common share of $0.03 for the comparable nine months in 2002. The
net income for the nine month  period  includes  $921,754  in  expenses  paid in
stock,  a $116,761  loss relating to a note that was exchanged for common stock,
$296,356 in accrued  dividends on Preferred Stock which are payable in stock, at
the  Company's  option,  $1,684,290  recorded as an  impairment  of goodwill and
related  to the  acquisition  of  the  remaining  8% of  Practice  Xpert,  and a
$3,433,069 gain on the disposal of  non-operating  subsidiaries.  The net income
for the nine month period in 2002  included a gain on the  settlement of debt of
$302,778.

On September 10, 2003, the Company  entered into a stock  transfer  agreement to
transfer 100% of the Company's  holdings in PTS, Castpro.  Com and PTD to Future
Options,  Inc. Future Options,  Inc. assumed full obligations of these entities.
The Company recorded $3,433,069 as a gain on disposal of subsidiaries during the
period ended  September  30. 2003.  These  subsidiaries  were all  non-operating
subsidiaries   and  relate  to  the  Company's  former   discontinued   business
operations.

On September 30, 2003, the Company purchased the remaining 8% of PracticeXpert's
outstanding  common stock that is did not own by issuing  472,860  shares of the
Company's  common  stock and 111,736  shares of Preferred  Series C stock.  This
additional investment was recorded as goodwill and the entire amount was written
off as impairment of goodwill during the period ended September 30, 2003.


<PAGE>


We believe a significant  measure of our progress in accomplishing  our business
objectives is the number of customers we service,  the number  physicians  those
customers  include,  and the number of deployed  hand-held devices utilizing our
PXpert patient  encounter system being used, and paid for, by our customers.  As
of September 30, 2003 we had 31 customers,  which included 60 physicians, and we
had 28 hand-held  devices  utilizing our PXpert patient  encounter  system being
used by our customers.

LIQUIDITY AND CAPITAL RESOURCES

As  of  September  30,  2003,   PracticeXpert  had  $61,880  in  cash  and  cash
equivalents.  Current  assets at September 30, 2003 were  $362,597,  compared to
current  liabilities of $2,363,663,  resulting in a working  capital  deficit of
$2,001,066.  This compares to a working  capital deficit at the end of September
30, 2003 of $6,064,006. Of the current liabilities at September,  2003, $721,916
relates to dividends  payable on Preferred Stock,  which may be paid in stock at
the Company's option,  $422,781  relating to subscriptions  agreements for stock
not yet issued and approximately  $322,000 is due to, or advances from, officers
and directors of the company.

Our  only  sources  of  liquidity  are our  bank  accounts,  our  unused  credit
facilities,  which at September 30, 2003 were fully drawn and our  revenues.  In
conjunction with the completion of the acquisition of PXSC we began a process of
diligently  seeking  capital  for the firm to allow us to embark on a program of
expansion  for  PXSC,  as well as pay  certain  obligations  resulting  from the
operations of Thaon prior to its  acquisition  of PXSC. We raised  approximately
$111,559  during the nine months ended September 30, 2003 from the sale of stock
to  investors,  and were able to  acquire  in  approximately  $922,000  worth of
business services in exchange for stock.

We continue to seek capital,  primarily for expansion  plans, but through to the
end of September 30, 2003 we have received no material  commitments  for capital
and  there can be no  assurances  that we will  receive  the  needed  investment
capital to fully execute on our business  plans,  pay off any of the outstanding
liabilities, and/or maintain operations. (See "Subsequent Events")

Due to numerous  economic and competitive  risks, any or all of which may have a
material  adverse impact upon our operations,  there can be no assurance that we
will be able to successfully generate significant revenues or achieve a level of
profits  which will  permit us to stay in  business.  However,  we believe  cash
generated  from net revenues  will be  sufficient to fund all of our general and
administrative expenditures for the next twelve months.

FLUCTUATIONS IN OPERATING RESULTS; SEASONALITY

Annual and quarterly  fluctuations in our results of operations may be caused by
the timing and amount of  payments  received  by our  customers,  upon which our
revenues  are  based..  Our future  results  also may be affected by a number of
factors,  including our ability to offer our services at competitive  prices and
to  anticipate  customer  demands.  Our results may also be affected by economic
conditions in the geographical  areas in which we operate.  All of the foregoing
may result in substantial unanticipated quarterly earnings shortfalls or losses.
Due to all of the foregoing, we believe that period-to-period comparisons of our
results of operations  are not  necessarily  meaningful and should not be relied
upon as indicative of future performance.


<PAGE>


INFLATION

We  believe  that  our  revenue  and  results  of   operations   have  not  been
significantly impacted by inflation since we began operations.

SUBSEQUENT EVENTS

On November 17, 2003, the Company entered into an agreement under which a lender
will advance the company 90% of its eligible outstanding accounts receivable, up
to a maximum of $2 million, and with an initial advance of $500,000.  The credit
facility is secured by a charge against all of the assets of the corporation. It
also  contains a  conversion  privilege  that allows each of the Company and the
lender to convert,  at a fixed conversion price, a portion or all of the loan to
equity.

On  November  10,  2003,  the  Company  completed  the  acquisition  of National
Healthcare Management Services,  Inc. ("NHMS"). NHMS is located in West Virginia
and provides medical billing,  practice management and transcription services to
physician practices and dental offices located in West Virginia, Maryland, Ohio,
North Carolina, South Carolina and New Jersey.

ITEM 3.  CONTROLS AND PROCEDURES

Our  President  and Chief  Financial  Officer (the  "Certifying  Officers")  are
responsible for establishing and maintaining  disclosure controls and procedures
for the Company.  The Certifying Officers have designed such disclosure controls
and  procedures  to ensure  that  material  information  is made  known to them,
particularly during the period in which this report was prepared. The Certifying
Officers have evaluated the effectiveness of the Company's  disclosure  controls
and  procedures  as of the end of the period  covered by this report and believe
that the Company's disclosure controls and procedures are effective based on the
required  evaluation.  During the period  covered by this report,  there were no
changes in internal controls that materially affected,  or are reasonable likely
to materially affect, the Company's internal control over financial reporting.



<PAGE>


                           PART II -- OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

On August 22, 2002,  Woltjen Law Firm,  PLLC sued the Company and certain former
officers  and/or  directors of the Company.  The  plaintiff  alleged that it was
fraudulently  induced by the Company to provide legal services by false promises
of payment and that the Company is in breach of contract. In an effort to settle
this matter,  the Company agreed to make periodic payments to Woltjen.  Payments
were  made to the  satisfaction  of the  plaintiff  and  the  legal  action  was
dismissed on October 6, 2003.

ITEM 2.  CHANGES IN SECURITIES

During the three months ended  September  30, 2003,  the Company  issued  common
stock in exchange for various services as follows: 97,238 shares of common stock
in payment of directors and advisors  fees recorded in the financial  statements
as $142,979; 3,125 shares of common stock in payment of interest recorded in the
financial  statements  as $3,723;  92,500  shares of common  stock in payment of
sales and marketing  expenses  recorded in the financial  statements as $98,345;
22,223 shares of common stock in payment of investor relations services recorded
in the financial statements as $25,334; 27,499 shares of common stock in payment
of  employee  compensation  recorded  in the  financial  statements  as $30,634;
178,000  shares of common  stock in  payment  of  business  consulting  services
recorded in the financial  statements  as $196,882;  and 35,000 shares of common
stock in payment of legal fees recorded in the financial statements as $39,340.

During the three  months ended  September  30, 2003 the Company  issued  162,491
shares of common stock for cash received  during the current and prior period of
$60,950.  Also during the period the Company issued 5,500 shares of common stock
in payment of accrued  interest of $9,720 and 45,000  shares of common  stock in
payment of outstanding accounts payables recorded in the financial statements as
$58,350.

During the quarter ended September 30. 2003, the Company issued 1,150,000 shares
of the Series A convertible Preferred shares to the shareholders for exchange of
the  Preferred  Series A stock of  PracticeXpert  Services,  Corp.  for the same
number of shares.

During the quarter ended  September 30, 2003,  2,000,000  shares of the Series D
convertible  Preferred  stock were  converted  into  1,754,386  shares of common
stock.

During the quarter ended September 30, 2003, the Company issued 10,000 shares of
common stock valued at $10,910 to purchase Healthcare Billing Solutions, Inc. as
part of the purchase price for that business.

On  September  30,  2003,  the  Company  purchased  the  remaining  8% of PXSC's
outstanding common stock by issuing 472,860 shares of the Company's common stock
and  111,736  shares  of  Preferred   Series  C  stock  to  the  remaining  PXSC
stockholders.



<PAGE>


ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
None.


ITEM 5.  OTHER INFORMATION

None.



<PAGE>
ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

1.       The following Exhibits are filed herein:

No.      Title

31.1     Certification  of Chief  Executive  Officer  Pursuant to the Securities
         Exchange Act of 1934,  Rules 13a-14 and 15d-14,  as adopted pursuant to
         Section 302 of the Sarbanes-Oxley Act of 2002

31.2     Certification  of Chief  Financial  Officer  Pursuant to the Securities
         Exchange Act of 1934,  Rules 13a-14 and 15d-14,  as adopted pursuant to
         Section 302 of the Sarbanes-Oxley Act of 2002

32.      Certification  Pursuant to 18 U.S.C.  Section 1350, as Adopted Pursuant
         to Section 906 of the Sarbanes-Oxley Act of 2002


2.       Reports on Form 8-K filed:

(a)      On July 25,  2003,  the Company  filed a Current  Report on Form 8-K to
         report its sale of all of the outstanding stock of The Clover, Inc.

(b)      On August 20, 2003 the Company filed a Current  Report on Form 8-K/A to
         amend the 8-K filed on April 22, 2003.
<PAGE>

                                   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.

                                          PRACTICEXPERT, INC.


DATED: November 20, 2003                  By: /s/ Jonathan Doctor
                                              -------------------
                                              Jonathan Doctor
                                              Chief Executive Officer, Director
                                              (Principal Executive Officer)


DATED: November 20, 2003                  By: /s/ Michael Manahan
                                              -------------------
                                              Michael Manahan
                                              Chief Financial Officer, Director
                                              (Principal Financial Officer and
                                              Principal Accounting Officer)