**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


**Washington,
      DC 20549**





**FORM
      10-QSB**





**QUARTERLY
      REPORT UNDER SECTION 13 OR 15(d) OF THE**


**SECURITIES
      EXCHANGE ACT OF 1934**





**For
      the Quarterly Period ended September 30, 2006**





**Commission
      File Number** **0-27842**





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


(fka
      NetWorth Technologies, Inc.)


(Exact
      name of registrant as specified in charter)





**DELAWARE**
            **52-1988677**(State
                or other jurisdiction
                of
            (I.R.S.
                Employerincorporation
                or
                organization)
            Identification
                No.)**Garrett
                Information Enterprise
                Center****685
                Mosser Road, Suite
                11****McHenry,
                Maryland**
            **21541**(Address
                of principal executive
                offices)
            (Zip
                Code)





Registrant’s
      telephone number, including area code  **(301)
      387-6900**





Check
      whether the issuer (1) filed all reports required to be filed by Section 13
      or
      15(d) of the Exchange Act during the past 12 months (or for such shorter period
      that the registrant was required to file such reports), and (2) has been subject
      to such filing requirements for the past 90 days.


Yes ý No o





Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the


Exchange
      Act).


Yes  ̈ No ý





State
      the
      number of shares outstanding of each of the issuer’s classes of common equity,
      as of the latest practicable date: As of November 13, 2006 the Company had
      outstanding 41,882,354 shares of its common stock, $0.01 par value per
      share.







**TABLE
      OF CONTENTS**








**ITEM
                NUMBER AND CAPTION**
            
            **PAGE****PART
                I**ITEM
                1.
            FINANCIAL
                STATEMENTS
            
            F-1NOTES
                TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
            
            F-4ITEM
                2.
            MANAGEMENT’S
                DISCUSSION AND ANALSYSIS OR PLAN OF OPERATIONS
            
            1ITEM
                3
            CONTROLS
                AND PROCEDURES
            
            5**PART
                II**ITEM
                1.
            LEGAL
                PROCEEDINGS
            
            6ITEM
                2.
            UNREGISTERED
                SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
            
            6ITEM
                3.
            DEFAULTS
                UPON SENIOR SECURITIES
            
            ?ITEM
                4.
            SUBMISSION
                OF MATTERS TO A VOTE OF SECURITY HOLDERS
            
            ?ITEM
                5.
            OTHER
                INFORMATION
            
            6ITEM
                6.
            EXHIBITS
            
            6







**INDEX
        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**
 
 
 Condensed Consolidated Balance Sheet
                  as of
                  September 30, 2006
                F-1Condensed Consolidated Statements
                  of
                  Operations for the Nine and Three Months EndedSeptember
                    30, 2006 and 2005
                F-2Condensed Consolidated Statements
                  of Cash
                  Flows for the Nine Months EndedSeptember
                    30, 2006 and 2005
                F-3Notes to Condensed Consolidated
                  Financial
                  Statements
                F-4


PART
      I





**FINANCIAL
      INFORMATION**





**Item
      1.**  **Financial
      Statements**




**SOLUTION
        TECHNOLOGY INTERNATIONAL, INC.**
 **(FORMERLY
        NETWORTH TECHNOLOGIES, INC.)**
 **CONDENSED
        CONSOLIDATED BALANCE SHEET**
 **SEPTEMBER
        30, 2006 (UNAUDITED)**


**ASSETS**Current
                  Assets:Cash
                  and cash equivalents
              
              $
              5,036Total
                  Current Assets
              
              
              5,036Fixed
                  Assets, Net of Depreciation
              
              
              27,745Other
                  Assets:Intangible
                  assets, net
              
              
              408,522Deferred
                  financing fees, net
              
              
              82,500Security
                  deposits
              
              
              2,828Total
                  Other Assets
              
              
              493,850**TOTAL
                  ASSETS**
              
              $
              526,631**LIABILITIES
                  AND STOCKHOLDERS' DEFICIT**.**LIABILITIES**Current
                  Liabilities:Current
                  portion of notes payable
              
              $
              1,330,000Notes
                  payable - bank
              
              
              200,000Notes
                  payable - related parties
              
              
              522,815Derivative
                  liability - convertible debentures
              
              
              2,074,291Derivative
                  liability - warrants
              
              
              11Liability
                  for stock to be issued
              
              
              3,272,721Accrued
                  compensation
              
              
              567,846Accounts
                  payable and accrued expenses
              
              
              705,753Total
                  Current Liabilities
              
              
              8,673,437Long-term
                  Liabilities:Convertible
                  debentures, net of discount of $1,583,140
              
              
              1,339,861Notes
                  payable, net of current portion
              
              
              70,000Total
                  Long-term Liabilities
              
              
              1,409,861**Total
                  Liabilities**
              
              
              10,083,298**STOCKHOLDERS'
                  DEFICIT**Preferred
                  stock, $.01 Par Value; 8,000,000 shares authorizedand
                  0 shares issued and outstanding
              
              
              -Class
                  A Preferred stock, $.01 Par Value; 2,000,000 sharesauthorized
                  and 801,831 shares issued and outstanding
              
              
              8,018Common
                  stock, $.01 Par Value; 650,000,000 shares authorizedand
                  2,375,254 shares issued and 2,374,001 shares outstanding
              
              
              23,753Additional
                  paid-in capital
              
              
              16,257,826Accumulated
                  deficit
              
              
              (25,827,467
              )(9,537,870
              )Treasury
                  stock, 1,253 shares, at cost
              
              
              (18,797
              )**Total
                  Stockholders' Deficit**
              
              
              (9,556,667
              )**TOTAL
                  LIABILITIES AND STOCKHOLDERS' DEFICIT**
              
              $
              526,631




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




F-1


**SOLUTION
                  TECHNOLOGY INTERNATIONAL, INC.****(FORMERLY
                  NETWORTH TECHNOLOGIES, INC.)****CONDENSED
                  CONSOLIDATED STATEMENTS OF OPERATIONS****FOR
                  THE NINE AND THREE MONTHS ENDED SEPTEMBER 30, 2006 AND
                  2005****(UNAUDITED)****NINE
                  MONTHS ENDED**
              
              **THREE
                  MONTHS ENDED****SEPTEMBER
                  30,**
              
              **SEPTEMBER
                  30,****2006**
              
              **2005**
              
              **2006**
              
              **2005****OPERATING
                  REVENUES**Sales
              
              $
              -
              
              $
              5,000
              
              $
              -
              
              $
              5,000**COST
                  OF SALES**Development
                  costs
              
              
              -
              
              
              8,000
              
              
              -
              
              
              -Amortization
                  of intangible assets
              
              
              72,092
              
              
              72,092
              
              
              24,031
              
              
              24,031**Total
                  Cost of Sales**
              
              
              72,092
              
              
              80,092
              
              
              24,031
              
              
              24,031**GROSS
                  (LOSS)**
              
              
              (72,092
              )
              
              (75,092
              )
              
              (24,031
              )
              
              (19,031
              )**OPERATING
                  EXPENSES**Compensation
                  expense
              
              
              144,632
              
              
              454,143
              
              
              72,139
              
              
              183,100Professional
                  and consulting fees
              
              
              207,657
              
              
              699,993
              
              
              83,787
              
              
              227,559Rent
                  expense
              
              
              53,254
              
              
              68,623
              
              
              5,478
              
              
              22,874Other
                  general and administrative expenses
              
              
              191,831
              
              
              93,153
              
              
              63,416
              
              
              21,998Depreciation
                  and amortization
              
              
              35,748
              
              
              12,294
              
              
              16,422
              
              
              4,098**Total
                  Operating Expenses**
              
              
              633,122
              
              
              1,328,206
              
              
              241,242
              
              
              459,629**LOSS
                  BEFORE OTHER INCOME (EXPENSE)**
              
              
              (705,214
              )
              
              (1,403,298
              )
              
              (265,273
              )
              
              (478,660
              )**OTHER
                  INCOME (EXPENSE)**Forgiveness
                  of debt
              
              
              490,080
              
              
              -
              
              
              40,089
              
              
              -Loss
                  on derivative liability
              
              
              786
              
              
              -
              
              
              14
              
              
              -Interest
                  expense, net of interest income
              
              
              (730,049
              )
              
              (119,088
              )
              
              (334,466
              )
              
              (46,181
              )**Total
                  Other Income (Expense)**
              
              
              (239,183
              )
              
              (119,088
              )
              
              (294,363
              )
              
              (46,181
              )**NET
                  LOSS BEFORE PROVISION FOR INCOME TAXES**
              
              
              (944,397
              )
              
              (1,522,386
              )
              
              (559,636
              )
              
              (524,841
              )**Provision
                  for Income Taxes**
              
              
              -
              
              
              -
              
              
              -
              
              
              -**NET
                  LOSS APPLICABLE TO COMMON SHARES**
              
              $
              (944,397
              )
              $
              (1,522,386
              )
              $
              (559,636
              )
              $
              (524,841
              )**NET
                  LOSS PER BASIC AND DILUTED SHARES**
              
              $
              (0.42
              )
              $
              (10.63
              )
              $
              (0.25
              )
              $
              (2.66
              )**WEIGHTED
                  AVERAGE NUMBER OF COMMON****SHARES
                  OUTSTANDING**
              
              
              2,254,505
              
              
              143,164
              
              
              2,268,781
              
              
              197,052
  The
      accompanying notes are an integral part of the condensed consolidated financial
      statements.




F-2


**SOLUTION
                  TECHNOLOGY INTERNATIONAL, INC.****(FORMERLY
                  NETWORTH TECHNOLOGIES, INC.)****CONDENSED
                  CONSOLIDATED STATEMENTS OF CASH FLOWS****FOR
                  THE NINE MONTHS ENDED SEPTEMBER 30, 2006 AND 2005****(UNAUDITED)****2006**
              
              **2005****CASH
                  FLOWS FROM OPERATING ACTIVITIES**Net
                  loss
              
              $
              (944,397
              )
              $
              (1,522,386
              )**Adjustments
                  to reconcile net loss to net cash****used
                  in operating activities:**Depreciation
                  and amortization
              
              
              107,840
              
              
              84,386(Gain)
                  loss from derivative liability on convertible debenture
              
              
              (786
              )
              
              -Accretion
                  of discount on convertible debentures
              
              
              491,151
              
              
              -Common
                  stock issued for consulting services
              
              
              -
              
              
              376,500**Changes
                  in assets and liabilities**(Increase)
                  decrease in prepaid expenses and other assets
              
              
              4,237
              
              
              -Increase
                  (decrease) in accrued compensation
              
              
              (233,231
              )
              
              339,184Increase
                  (decrease) in accounts payable andand
                  accrued expenses
              
              
              (281,730
              )
              
              365,545Total
                  adjustments
              
              
              87,481
              
              
              1,165,615**Net
                  cash (used in) operating activities**
              
              
              (856,916
              )
              
              (356,771
              )**CASH
                  FLOWS FROM INVESTING ACTIVITIES**Acquisitions
                  of fixed assets
              
              
              (22,409
              )
              
              -**Net
                  cash (used in) investing activities**
              
              
              (22,409
              )
              
              -**CASH
                  FLOWS FROM FINANCING ACTIVITES**Proceeds
                  from the issuance of common stock
              
              
              -
              
              
              40,000Payments
                  on note payable - bank
              
              
              (16,500
              )
              
              16,500(Decrease)
                  in bank overdraft
              
              
              (422
              )
              
              -Proceeds
                  from notes payable - related parties, net
              
              
              13,029
              
              
              169,160Proceeds
                  from convertible debentures, net of deferred financing
                  fees
              
              
              890,000
              
              
              150,000Payments
                  of obligations under capital lease
              
              
              (1,746
              )
              
              (2,053
              )**Net
                  cash provided by financing activities**
              
              
              884,361
              
              
              373,607**NET
                  INCREASE IN****CASH
                  AND CASH EQUIVALENTS**
              
              
              5,036
              
              
              16,836**CASH
                  AND CASH EQUIVALENTS -****BEGINNING
                  OF PERIOD**
              
              
              -
              
              
              452**CASH
                  AND CASH EQUIVALENTS - END OF PERIOD**
              
              $
              5,036
              
              $
              17,288**CASH
                  PAID DURING THE PERIOD FOR:**Interest
                  expense
              
              $
              84,863
              
              $
              35,716**SUPPLEMENTAL
                  DISCLOSURE OF NONCASH INFORMATION:**Reclassification
                  of deferred compensation to note payable - related party
              
              $
              -
              
              $
              150,000Common
                  stock issued for consulting services
              
              $
              -
              
              $
              376,500Liabilities
                  assumed in reverse mergerConvertible
                  debentures - prior owner
              
              $
              -
              
              $
              625,000Accounts
                  payable
              
              $
              -
              
              $
              150,000
  The
      accompanying notes are an integral part of the condensed consolidated financial
      statements.




F-3




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      1-** **ORGANIZATION
      AND BASIS OF PRESENTATION**





The
      unaudited condensed consolidated financial statements included herein have
      been
      prepared, without audit, pursuant to the rules and regulations of the Securities
      and Exchange Commission (“SEC”). The condensed consolidated financial statements
      and notes are presented as permitted on Form 10-QSB and do not contain
      information included in the Company’s annual consolidated statements and notes.
      Certain information and footnote disclosures normally included in financial
      statements prepared in accordance with accounting principles generally accepted
      in the United States of America have been condensed or omitted pursuant to
      such
      rules and regulations, although the Company believes that the disclosures are
      adequate to make the information presented not misleading. It is suggested
      that
      these condensed consolidated financial statements be read in conjunction with
      the December 31, 2005 audited financial statements and the accompanying notes
      thereto. While management believes the procedures followed in preparing these
      condensed consolidated financial statements are reasonable, the accuracy of
      the
      amounts are in some respects dependent upon the facts that will exist, and
      procedures that will be accomplished by the Company later in the
      year.





These
      condensed consolidated unaudited financial statements reflect all adjustments,
      including normal recurring adjustments which, in the opinion of management,
      are
      necessary to present fairly the consolidated operations and cash flows for
      the
      periods presented.





On
      May
      19, 2005, Networth Technologies, Inc. (the “Company”), Solution Technology
      International, Inc. (“STI”) and STI Acquisition Company Corp., a newly formed
      Delaware corporation, entered into an Agreement and Plan of Merger pursuant
      to
      which the Company was required to issue shares equal to 90% of its outstanding
      shares at the date of the merger for 100% of the outstanding shares of STI.
      As a
      result of the Agreement, the transaction was treated for accounting purposes
      as
      a reverse merger by STI being the accounting acquirer. The merger was effective
      June 20, 2005. At this time, STI cancelled all of its certificates and received
      in excess of 41,800,000 shares of common stock of the Company. June 20, 2005
      is
      the date in which consideration is deemed to be paid for the STI shares.





Solution
      Technology International, Inc. (the “Company”) incorporated in Delaware on April
      27, 1993, is a software product company based in McHenry, Maryland offering
      an
      enterprise solution for the global insurance and reinsurance industry. The
      Company has created complex reinsurance algorithms and methodologies to support
      automation of complex technical accounting methods and claims recovery
      processes. The Company has also developed sophisticated expert underwriting
      methods and trend analysis tools that support the insurance and reinsurance
      industries.





F-4




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      1-** **ORGANIZATION
      AND BASIS OF PRESENTATION** **(CONTINUED)**





**Going
      Concern**





As
      shown
      in the accompanying financial statements the Company had recurring losses of
      $944,397 and $1,522,386 for the nine months ended September 30, 2006 and 2005,
      respectively, and has a working capital deficiency of $8,668,401 as of September
      30, 2006. The Company is overdue on their debt obligations, and has generated
      very little revenue. There is no guarantee that the Company will be able to
      raise enough capital or generate revenues to sustain its operations. These
      conditions raise substantial doubt about the Company’s ability to continue as a
      going concern for a reasonable period.





Management
      believes that the Company’s capital requirements will depend on many factors
      including the success of the Company’s stock post-merger with Solution
      Technology International Inc. which occurred in May 2005, as well as its sales
      efforts. The Company has borrowed additional amounts from lending sources as
      well as related parties to fund its operations. The Company’s ability to
      continue as a going concern for a reasonable period is dependent upon
      management’s ability to raise additional interim capital and, ultimately,
      achieve profitable operations. There can be no assurance that management will
      be
      able to raise sufficient capital, under terms satisfactory to the Company,
      if at
      all.





The
      condensed consolidated financial statements do not include any adjustments
      relating to the carrying amounts of recorded assets or the carrying amounts
      and
      classification of recorded liabilities that may be required should the Company
      be unable to continue as a going concern.





On
      August
      15, 2006, the Company approved a 1 for 150 share reverse stock split. The result
      of the reverse stock split brought the issued and outstanding shares to
      2,375,254 from 356,317,160 shares. The share amounts have been reflected
      retrospective of the stock split.





**NOTE
      2-** **SUMMARY
      OF SIGNIFICANT ACCOUNTING POLICIES**




**Principles
      of Consolidation**





The
      condensed consolidated financial statements include the accounts of the Company
      and all of its wholly owned subsidiaries. All significant intercompany accounts
      and transactions have been eliminated in consolidation.





F-5




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      2-** **SUMMARY
      OF SIGNIFICANT ACCOUNTING POLICIES** **(CONTINUED)**





**Use
      of Estimates**





The
      preparation of financial statements in conformity with accounting principles
      generally accepted in the United States of America requires management to make
      estimates and assumptions that affect the reported amounts of assets and
      liabilities and disclosure of contingent assets and liabilities at the date
      of
      the financial statements and the reported amounts of revenues and expenses
      during the reporting period. On an on-going basis, the Company evaluates its
      estimates, including, but not limited to, those related to bad debts, income
      taxes and contingencies. The Company bases its estimates on historical
      experience and on various other assumptions that are believed to be reasonable
      under the circumstances, the results of which form the basis for making
      judgments about the carrying value of assets and liabilities that are not
      readily apparent from other sources. Actual results could differ from those
      estimates.





**Cash
      and Cash Equivalents**





The
      Company considers all highly liquid debt instruments and other short-term
      investments with an initial maturity of three months or less to be cash
      equivalents.





**Intangible
      Assets**





Intangible
      assets consist of software and related technology and are carried at cost and
      are


amortized
      over the period of benefit, ten years, generally on a straight-line basis.
      These
      intangible assets are also used as security under the Loan and Security
      Agreement and an Intellectual Property Agreement entered into with Crosshill
      (see Note 4).





Costs
      incurred in creating products are charged to expense when incurred as research
      and development until technological feasibility is established upon completion
      of a working model. Thereafter, all software production costs are capitalized
      and carried at cost. Capitalized costs are amortized based on straight-line
      amortization over the remaining estimated economic life of the product - ten
      years. Amortization included in cost of sales is $72,092 and $72,092 for the
      nine months ended September 30, 2006 and 2005, respectively.





In
      accordance with SFAS No. 2, *“Accounting
      for Research and Development Costs”* ,
      SFAS
      No. 68, *“Research
      and Development Arrangements”* ,
      and
      SFAS No. 86, *“Accounting
      for the Costs of Computer Software to be Sold, Leased, or Otherwise
      Marketed”* ,
      technological feasibility for the product was established on January 1, 2001
      with completion of the working model.





All
      costs
      subsequent to this date have been capitalized. Management on an annual basis
      determines if there is further impairment on their intangible assets. All costs
      capitalized occurred from 2001 through 2002. At that point the software and
      related technology was deemed completed.





F-6





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      2-** **SUMMARY
      OF SIGNIFICANT ACCOUNTING POLICIES** **(CONTINUED)**





**Intangible
      Assets** **(Continued)**





Identified
      intangible assets are regularly reviewed to determine whether facts and
      circumstances exist which indicate that the useful life is shorter than
      originally estimated or the carrying amount of assets may not be recoverable.
      The Company assesses the recoverability of its identifiable intangible assets
      by
      comparing the projected discounted net cash flows associated with the related
      asset or group of assets over their remaining lives against their respective
      carrying amounts. Impairment, if any, is based on the excess of the carrying
      amount over the fair value of those assets.


**As
                  of September 30, 2006****Gross****Carrying**
              
              **Accumulated****Amount**
              
              **Amortization**
              
              **Net****Amortized
                  Intangible Assets:**Software
                  and related technology
              
              $
              961,229
              
              $
              552,707
              
              $
              408,522**Amortization
                  Expense:**For
                  the nine months ended September 30, 2006
              
              
              
              
              $
              72,092For
                  the nine months ended September 30, 2005
              
              
              
              
              
              72,092**Estimated
                  Amortization Expense:**For
                  the six months ended December 31, 2006
              
              
              
              
              $
              24,030For
                  the year ended December 31, 2007
              
              
              
              
              
              96,123For
                  the year ended December 31, 2008
              
              
              
              
              
              96,123For
                  the year ended December 31, 2009
              
              
              
              
              
              96,123For
                  the year ended December 31, 2010
              
              
              
              
              
              96,123Total
              
              
              
              
              $
              408,522




F-7





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      2-** **SUMMARY
      OF SIGNIFICANT ACCOUNTING POLICIES** **(CONTINUED)**





**Revenue
      Recognition**





When
      a
      software license arrangement requires us to provide significant production,
      customization or modification of the software, or when the customer considers
      these services essential to the functionality of the software product, the
      fees
      for the product license, implementation services and maintenance and support
      are
      recognized using the percentage of completion method. Under percentage of
      completion accounting, these revenues are recognized as work progresses based
      upon cost incurred. Any expected losses on contracts in progress are expensed
      in
      the period in which the losses become probable and reasonably estimable.




If
      an
      arrangement includes acceptance criteria, revenue is not recognized until we
      can
      objectively demonstrate that the software or service can meet the acceptance
      criteria, or the acceptance period lapses, whichever occurs earlier.





Other
      elements of our software arrangements are services that do not involve
      significant production, modification or customization of the Company’s software
      as defined in SOP 97-2. These components do not constitute a significant amount
      of the revenue generated currently, and did not during the early years of the
      post technological feasibility period. These components are recognized as the
      services are performed based on the accrual method of accounting.





**Income
      Taxes**





The
      Company accounts for income taxes utilizing the liability method of accounting.
      Under the liability method, deferred taxes are determined based on differences
      between financial statement and tax bases of assets and liabilities at enacted
      tax rates in effect in years in which differences are expected to reverse.
      Valuation allowances are established, when necessary, to reduce deferred tax
      assets to amounts that are expected to be realized.





**Fair
      Value of Financial Instruments (other than Derivative Financial
      Instruments)**





The
      carrying amounts reported in the condensed consolidated balance sheet for cash
      and cash equivalents, and accounts payable approximate fair value because of
      the
      immediate or short-term maturity of these financial instruments. For the notes
      payable, the carrying amount reported is based upon the incremental borrowing
      rates otherwise available to the Company for similar borrowings. For the
      convertible debentures, fair values were calculated at net present value using
      the Company’s weighted average borrowing rate for debt instruments without
      conversion features applied to total future cash flows of the
      instruments.





F-8




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      2-** **SUMMARY
      OF SIGNIFICANT ACCOUNTING POLICIES** **(CONTINUED)**




**Convertible
      Instruments**





The
      Company reviews the terms of convertible debt and equity securities for
      indications requiring bifurcation, and separate accounting, for the embedded
      conversion feature. Generally, embedded conversion features, where the ability
      to physical or net-share settle the conversion option is not within the control
      of the Company, are bifurcated and accounted for as a derivative financial
      instrument. (See Derivative Financial Instruments below). Bifurcation of the
      embedded derivative instrument requires allocation of the proceeds first to
      the
      fair value of the embedded derivative instrument with the residual allocated
      to
      the debt instrument. The resulting discount to the face value of the debt
      instrument is amortized through periodic charges to interest expense using
      the
      Effective Interest Method.





**Derivative
      Financial Instruments**





The
      Company generally does not use derivative financial instruments to hedge
      exposures to cash-flow or market risks. However, certain other financial
      instruments, such as warrants or options to acquire common stock and the
      embedded conversion features of debt and preferred instruments that are indexed
      to the Company’s common stock, are classified as liabilities when either (a) the
      holder possesses rights to net-cash settlement or (b) physical or net share
      settlement is not within the control of the Company. In such instances, net-cash
      settlement is assumed for financial accounting and reporting, even when the
      terms of the underlying contracts do not provide for net-cash settlement. Such
      financial instruments are initially recorded at fair value and subsequently
      adjusted to fair value at the close of each reporting period. Fair value for
      option-based derivative financial instruments is determined using the
      Black-Scholes Valuation Method. These derivative financial instruments are
      indexed to an aggregate of 7,109,495,000 shares (approximately 600,000,000
      post
      150:1 reverse split) of the Company’s common stock as of September 30, 2006 and
      are carried at fair value. The embedded conversion feature amounted to
      $2,074,291 at September 30, 2006. Accretion on the discount of the convertible
      debentures amounted to $491,151 for the nine months ended September 30, 2006.
      In
      addition, there is a derivative liability recognized on the 40,639,834 warrants
      (270,932 post-split) issued in April 2006 to Cornell in the amount of
      $11.





**Advertising
      Costs**





The
      Company expenses the costs associated with advertising as incurred. Advertising
      expenses are included in the condensed consolidated statements of operations
      for
      the nine months ended September 30, 2006 and 2005.





F-9




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      2-** **SUMMARY
      OF SIGNIFICANT ACCOUNTING POLICIES** **(CONTINUED)**





**Fixed
      Assets**




Fixed
      assets are stated at cost. Depreciation is computed using the straight-line
      method over the estimated useful lives of the assets.





When
      assets are retired or otherwise disposed of, the costs and related accumulated
      depreciation are removed from the accounts, and any resulting gain or loss
      is
      recognized in income for the period. The cost of maintenance and repairs is
      charged to income as incurred; significant renewals and betterments are
      capitalized. Deduction is made for retirements resulting from renewals or
      betterments.





**Accounts
      Receivable**




The
      Company conducts business and extends credit based on an evaluation of the
      customers’ financial condition, generally without requiring collateral. Exposure
      to losses on receivables is expected to vary by customer due to the financial
      condition of each customer. The Company monitors exposure to credit losses
      and
      maintains allowances for anticipated losses considered necessary under the
      circumstances.





**Impairment
      of Long-Lived Assets**





Long-lived
      assets, primarily fixed assets and intangible assets, are reviewed for
      impairment whenever events or changes in circumstances indicate that the
      carrying amount of the assets might not be recoverable. The Company does not
      perform a periodic assessment of assets for impairment in the absence of such
      information or indicators. Conditions that would necessitate an impairment
      assessment include a significant decline in the observable market value of
      an
      asset, a significant change in the extent or manner in which an asset is used,
      or a significant adverse change that would indicate that the carrying amount
      of
      an asset or group of assets is not recoverable. For long-lived assets to be
      held
      and used, the Company recognizes an impairment loss only if its carrying amount
      is not recoverable through its undiscounted cash flows and measures the
      impairment loss based on the difference between the carrying amount and
      estimated fair value.





**(Loss)
      Per Share of Common Stock**





Basic
      net
      (loss) per common share is computed using the weighted average number of common
      shares outstanding. Diluted earnings per share (EPS) includes additional
      dilution from common stock equivalents, such as stock issuable pursuant to
      the
      exercise of stock options and warrants. Common stock equivalents were not
      included in the computation of diluted earnings per share when the Company
      reported a loss because to do so would be antidilutive for periods
      presented.





F-10




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      2-** **SUMMARY
      OF SIGNIFICANT ACCOUNTING POLICIES** **(CONTINUED)**





**(Loss)
      Per Share of Common Stock** **(Continued)**





The
      following is a reconciliation of the computation for basic and diluted
      EPS:


**September
                  30,**
              
              **September
                  30,****2006**
              
              **2005**Net
                  loss
              
              $
              (944,397
              )
              $
              (1,522,386
              )Weighted-average
                  common sharesOutstanding
                  (Basic)
              
              
              2,254,505
              
              
              143,164Weighted-average
                  common stockEquivalentsStock
                  optionsWarrantsWeighted-average
                  common sharesOutstanding
                  (Diluted)
              
              
              2,254,505
              
              
              143,164





**Stock-Based
      Compensation**





The
      Company measures compensation expense for its employee stock-based compensation
      using the intrinsic-value method. Under the intrinsic-value method of accounting
      for stock-based compensation, when the exercise price of options granted to
      employees and common stock issuances are less than the estimated fair value
      of
      the underlying stock on the date of grant, deferred compensation is recognized
      and is amortized to compensation expense over the applicable vesting period.
      In
      each of the periods presented, the vesting period was the period in which the
      options were granted. All options were expensed to compensation in the period
      granted rather than the exercise date.





The
      Company measures compensation expense for its non-employee stock-based
      compensation under the Financial Accounting Standards Board (FASB) Emerging
      Issues Task Force (EITF) Issue No. 96-18, “ *Accounting
      for Equity Instruments that are Issued to Other Than Employees for Acquiring,
      or
      in Conjunction with Selling, Goods or Services* ”.
      The
      fair value of the option issued is used to measure the transaction, as this
      is
      more reliable than the fair value of the services received. The fair value
      is
      measured at the value of the Company’s common stock on the date that the
      commitment for performance by the counterparty has been reached or the
      counterparty’s performance is complete. The fair value of the equity instrument
      is charged directly to compensation expense and additional paid-in
      capital.





F-11




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      2-** **SUMMARY
      OF SIGNIFICANT ACCOUNTING POLICIES** **(CONTINUED)**





**Deferred
      Financing Fees**





The
      Company incurred $110,000 in commitment and structuring fees relating to the
      $1,000,000 convertible debenture agreement they entered into on April 4, 2006
      with Cornell Capital. These fees are being amortized over the life of the
      convertible debenture which is 24 months. Amortization expense for the nine
      months ended September 30, 2006 is $27,500. The net deferred financing fees
      at
      September 30, 2006 are $82,500.





**Stock
      Options**





The
      Company adopted SFAS No. 123 (Revised 2004), *Share Based Payment* (“SFAS
      No. 123R”), under the modified-prospective transition method on
      January 1, 2006. SFAS No. 123R requires companies to measure and
      recognize the cost of employee services received in exchange for an award of
      equity instruments based on the grant-date fair value. Share-based compensation
      recognized under the modified-prospective transition method of SFAS
      No. 123R includes share-based compensation based on the grant-date fair
      value determined in accordance with the original provisions of SFAS
      No. 123, *Accounting for Stock-Based Compensation,* for all
      share-based payments granted prior to and not yet vested as of January 1,
      2006 and share-based compensation based on the grant-date fair-value determined
      in accordance with SFAS No. 123R for all share-based payments granted after
      January 1, 2006. SFAS No. 123R eliminates the ability to account for
      the award of these instruments under the intrinsic value method prescribed
      by
      Accounting Principles Board (“APB”) Opinion No. 25, *Accounting for Stock Issued to Employees* , and
      allowed under the original provisions of SFAS No. 123. Prior to the
      adoption of SFAS No. 123R, the Company accounted for our stock option plans
      using the intrinsic value method in accordance with the provisions of APB
      Opinion No. 25 and related interpretations.





As
      a
      result of adopting SFAS No. 123R, the Company recognized $128,908 in
      share-based compensation expense for the nine months ended September 30, 2006
      related to options granted to employees in May 2006. The impact of this
      share-based compensation expense on the Company's basic and diluted earnings
      per
      share was $0.00 per share. The fair value of our stock options was estimated
      using the Black-Scholes option pricing model.





For
      periods presented prior to the adoption of SFAS No. 123R, pro forma
      information regarding net income and earnings per share as required by SFAS
      No. 123R has been determined as if we had accounted for our employee stock
      options under the original provisions of SFAS No. 123. The fair value of
      these options was estimated using the Black-Scholes option pricing model. There
      was no pro forma expense to recognize during the nine months ended September
      30,2005.





F-12




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      2-** **SUMMARY
      OF SIGNIFICANT ACCOUNTING POLICIES** **(CONTINUED)**





**Recent
      Accounting Pronouncements**





In
      February 2006, the FASB issued Statement of Financial Accounting Standard No.
      155, *“Accounting
      for Certain Hybrid Instruments”* (“SFAS
      155”). FASB 155 allows financial instruments that have embedded derivatives to
      be accounted for as a whole (eliminating the need to bifurcate the derivative
      from its host) if the holder elects to account for the whole instrument on
      a
      fair value basis. This statement is effective for all financial instruments
      acquired or issued after the beginning of an entity’s first fiscal year that
      begins after September 15, 2006. The Company will evaluate the impact of SFAS
      155 on its consolidated financial statements.





In
      May
      2005, the FASB issued Statement of Financial Accounting Standard No. 154, *“Accounting
      Changes and Error Corrections”* (“SFAS
      154”). SFAS 154 is a replacement of APB No. 20, *“Accounting
      Changes”* ,
      and
      SFAS No. 3, *“Reporting
      Accounting Changes in Interim Financial Statements”* .
      SFAS
      154 applies to all voluntary changes in accounting principle and changes the
      requirements for accounting and reporting of a change in accounting principle.
      This statement establishes that, unless impracticable, retrospective application
      is the required method for reporting of a change in accounting principle in
      the
      absence of explicit transition requirements specific to the newly adopted
      accounting principle. It also requires the reporting of an error correction
      which involves adjustments to previously issued financial statements similar
      to
      those generally applicable to reporting an accounting change retrospectively.
      SFAS 154 is effective for accounting changes and corrections of errors made
      in
      fiscal years beginning after December 15, 2005. The Company believes the
      adoption of SFAS 154 will not have a material impact on its consolidated
      financial statements.





**NOTE
      3-** **FIXED
      ASSETS**





Fixed
      assets as of September 30, 2006 were as follows:





Estimated
                UsefulLives
                (Years)Furniture
                and fixtures
            
            
            7
            
            $
            23,268Machinery
                and equipment
            
            
            3-7
            
            
            102,425Leasehold
                improvements
            
            
            6
            
            
            11,870Vehicles
            
            
            5
            
            
            26,908164,471Less:
                accumulated depreciation
            
            
            
            
            
            136,726Property
                and equipment, net
            
            
            
            
            $
            27,745





F-13




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      3-** **FIXED
      ASSETS** **(CONTINUED)**





Included
      in machinery and equipment is $11,298 in equipment held under capital lease.
      The
      accumulated depreciation on this equipment as of September 30, 2006 is $9,509.
      There was $8,248 and $12,294 charged to operations for depreciation expense
      for
      the nine months ended September 30, 2006 and 2005, respectively.





**NOTE
      4-** **NOTES
      PAYABLE**





The
      Company entered into an agreement with the Swiss Pool for Aviation Insurance
      (“SPL”) whereby SPL advanced the Company under their Master SurSITE Agreement, a
      license/hosting fee and associated professional service fees. Advanced fees
      were
      recognized as both revenue to the Company for achieving certain benchmarks
      in
      accordance with the agreement, and certain fees were advances to be repaid
      due
      to contractual obligations to SPL. The original terms were for the advances
      to
      be repaid in a period not to exceed five years, no interest. In 2004, interest
      started accruing at 2.5% annually. The Company originally was advanced $700,000
      from June 2002 through October 2002, and credited one quarterly maintenance
      fee
      of $35,000 in 2002 and two quarterly maintenance fees totaling $70,000 in 2003.
      Additionally, SPL advanced another $200,000 in 2003 at 9% interest annually
      of
      which $45,000 was repaid in June 2004. Interest expense for the nine months
      ended September 30, 2006 and 2005 were $14,063 and $14,063, respectively. The
      note payable balance due at September 30, 2006 was $750,000.





The
      Company entered into a revolving promissory note agreement (the “Agreement”)
      with Crosshill Georgetown Capital, L.P. (“Crosshill”) on January 10, 2003.
      Pursuant to the Agreement, Crosshill loaned the Company $750,000 which matures
      upon the earlier of the Company closing on an equity raise of not less than
      $2,000,000 or July 10, 2003, which has been amended on various occasions through
      December 31, 2004. The note accrued interest at 12% annually. This note was
      converted to long-term debt on July 1, 2004.





The
      Company had $650,000 outstanding at September 30, 2006. Interest expense for
      the
      nine months ended September 30, 2006 and 2005 was $36,563 and $36,563,
      respectively.





F-14





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      4-** **NOTES
      PAYABLE** **(CONTINUED)**





The
      amounts are secured by a Loan and Security Agreement and an Intellectual
      Property Security Agreement which includes the Company’s software and related
      technology. In addition, the Company issued 124,033 warrants to CrossHill for
      inducement to enter into the Agreement. In accordance with the third amendment
      which established March 31, 2004 as the new maturity date, these warrants
      increase 8,000 per month effective April 2004 through June 2004, should the
      Company fail to repay the note. The value of the warrants utilizing the relative
      fair value of the instrument amounted to $35,000.




Notes
                  payable at September 30, 2006 consists of the following:Installment
                  note payable to SPL throughSeptember
                  2008, principal payment of $50,000 duequarterly
                  commencing January 1, 2005 for 15 quarterswith
                  an annual interest rate of 2.5%.
              
              $
              750,000Installment
                  note payable to Crosshill due throughApril
                  2007, principal payments of $65,000 payablequarterly
                  commencing October 1, 2004 (extended toJanuary
                  1, 2007) interest at 7.5% (with an effectiveinterest
                  rate of 12%) due monthly
              
              
              650,000Total
                  notes payable
              
              
              1,400,000Less
                  current maturities
              
              
              1,330,000Notes
                  payable - net of current maturities
              
              $
              70,000




The
                  approximate aggregate amount of all note payable maturities for
                  thenext
                  two periods ending after September 30, 2006 is as
                  follows:2007
              
              $
              1,330,0002008
              
              
              70,000$
              1,400,000




F-15




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      5-** **NOTES
      PAYABLE - BANK**





On
      September 29, 2005, the Company increased their lines of credit to $216,500
      from
      $200,000, with two banks. The Company would borrow funds from time to time
      for
      working capital needs. Interest on the lines of credit were variable at prime
      rate plus 2.5% (10.75% at September 30, 2006). The balance at September 30,
      2006
      was $200,000. Interest for the nine months ended September 30, 2006 and 2005
      was
      $11,026 and $13,000, respectively.





**NOTE
      6-** **NOTES
      PAYABLE - RELATED PARTIES**





The
      Company has notes payable due to related parties:





Two
      unsecured notes payable in the aggregate amount of $50,000 to a director of
      the
      Company due June 2005 or upon obtaining an equity line of credit whichever
      is
      earlier, with interest payable at 8%. Interest expense for the nine months
      ended
      September 30, 2006 and 2005 was $3,000 and $3,000, respectively. As of September
      2006, the Company provided the director an update on the status of the repayment
      of the note. The Company recorded the issuance of 26,667 warrants in connection
      with these notes at $8,000 and that amount is included in debt.





An
      unsecured note payable in the amount of $50,000 to an officer of the Company,
      due December 31, 2004, which has been extended until the Company obtains an
      equity line of credit, with interest payable at 6.5% and increased to amounts
      up
      to $100,000. The balance outstanding at September 30, 2006 is $53,116. Interest
      expense for the nine months ended September 30, 2006 and 2005 was $3,172 and
      $3,352, respectively. As of September 2006, the Company provides the director
      an
      update on the status of the repayment of the note.




The
      Company on March 24, 2005 settled with a former officer/employee of the Company
      who was owed back pay. The settlement was for $166,943, $16,943 due at the
      signing of the settlement agreement and the remaining $150,000 in the form
      of a
      promissory note due August 22, 2005 in one lump payment. The note was not paid
      in August 2005, and extended by the parties until the filing of the disclosure
      statement with the Securities and Exchange Commission. The Company paid $21,250
      in the quarter ended December 31, 2005. There were two payments made totaling
      $24,302 in September 2006. Balance due at September 30, 2006 is
      $104,448.





An
      unsecured $10,000 note payable to a director of the organization, due March
      2006
      or upon obtaining an equity line of credit, whichever is earlier, with interest
      payable at 10%. Interest expense for the nine months ended September 30, 2006
      and 2005 was $750 and $542, respectively.





An
      unsecured $20,000 note payable to a director of the organization, due March
      2006
      or upon obtaining an equity line of credit, whichever is earlier, with interest
      payable at 10%. Interest expense for the nine months ended September 30, 2006
      and 2005 was $1,500 and $1,057, respectively.





F-16





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      6-** **NOTES
      PAYABLE - RELATED PARTIES** **(CONTINUED)**





An
      unsecured $5,000 note payable to a director of the organization, due December
      2006 or upon obtaining an equity line of credit, whichever is earlier, with
      interest payable at 10%. Interest expense for the nine months ended September
      30, 2006 was $313.





On
      March
      25, 2005, the Company and a director entered into a promissory note agreement
      for $17,000 due the earlier of one year or upon the availability of a $750,000
      commercial line of credit. The Company entered into additional notes with this
      director totaling $153,251. The notes bear interest at 10% per annum. Interest
      expense for the nine months ended September 30, 2006 and 2005 was $12,492 and
      $878, respectively.





On
      June
      24, 2005, the Company and a director entered into a convertible promissory
      note
      agreement for $100,000, replacing a promissory note entered into January 7,
      2005, due the earlier of one year or upon the availability of a $750,000
      commercial line of credit. The note bears interest at 10% per annum. Interest
      expense for the nine months ended September 30, 2006 and 2005 was $7,500 and
      $2,667, respectively.





The
      Company entered into two unsecured notes payable due December 31, 2006 for
      $5,000 each with two different parties at 10% interest, one in January 2006
      and
      one on February 2006. Interest expense for the nine months ended September
      30,
      2006 was $646.





**NOTE
          7-** **CONVERTIBLE
          DEBENTURES**





On
      June
      28, 2004, the Company entered into a Securities Purchase Agreement with Cornell
      Capital Partners. Under the Securities Purchase Agreement, Cornell Capital
      Partners was obligated to purchase $600,000 of secured convertible debentures
      from the Company. The Company also entered into a $400,000 convertible debenture
      which was utilized for payment of consulting services.





On
      June
      29, 2004, Cornell Capital Partners purchased $300,000 of convertible debentures
      and purchased $300,000 additional debentures on August 26, 2004. These
      debentures accrued interest at a rate of 5% per year. The debentures are
      convertible into the Company’s common stock at the holders’ option any time up
      to maturity at an agreed-upon conversion price. The assets of the Company in
      accordance with an Inter-creditor Agreement secure the debentures. At maturity,
      the Company has the option to either pay the holder the outstanding principal
      balance and accrued interest or to convert the debentures into shares of common
      stock at an agreed-upon conversion price. The convertible debentures meet the
      definition of hybrid instruments, as defined in SFAS 133, *Accounting
      for Derivative Instruments and Hedging Activities* (SFAS
      No. 133). The hybrid instruments are comprised of a i) a debt instrument, as
      the
      host contract and ii) an option to convert the debentures into common stock
      of
      the Company, as an embedded derivative. The embedded derivative derives its
      value based on the underlying fair value of the Company’s common stock.





F-17





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
          7-** **CONVERTIBLE
          DEBENTURES** **(CONTINUED)**





The
      Embedded Derivative is not clearly and closely related to the underlying host
      debt instrument since the economic characteristics and risk associated with
      this
      derivative are based on the common stock fair value. The Company has separated
      the embedded derivative from the hybrid instrument based on an independent
      valuation and classified the Embedded Derivative as a current liability with
      an
      offsetting debit to debt discount, which will be amortized over the term of
      the
      debenture based on the effective interest method.





The
      embedded derivative does not qualify as a fair value or cash flow hedge under
      SFAS No. 133. Accordingly, changes in the fair value of the embedded derivative
      are immediately recognized in earnings and classified as a gain or loss on
      the
      embedded derivative financial instrument in the accompanying statements of
      operations.





On
      June
      6, 2005 the Company issued a secured debenture to Montgomery Equity Partners,
      Ltd. in the principal amount of $250,000 with interest to accrue at the rate
      of
      12% per year on the unpaid principal balance. Under the terms of the convertible
      debenture, all principal and accrued interest is payable at the Company’s
      election on the third year anniversary of June 6, 2007 or may be converted
      by
      Montgomery Equity Partners at its election at a conversion price equal to the
      lesser of (i) an amount equal to 110% of the initial bid price of the Company’s
      common stock submitted on Form 211 by a registered market maker to be approved
      by the NASD or (ii) an amount equal to 80% of the lowest closing bid price
      of
      the Company’s common stock as quoted by Bloomberg, LP for the five trading days
      immediately preceding the conversion date. The Company has the right to redeem
      a
      portion of all the outstanding principal at a price of 120% of the amount
      redeemed plus accrued interest. If the Company exercises its right of redemption
      it must issue a warrant to Cornell Capital to purchase 333 shares of the
      Company’s common stock for every $100,000 redeemed. The Company must register
      any shares of its common stock received by Cornell Capital through conversion
      of
      the warrant should the Company exercise its right of redemption.





On
      July
      5, 2004, the Company entered into an agreement with Knightsbridge Capital
      (“Knightsbridge”), whereby Knightsbridge would help the Company obtain capital
      financing. Upon raising $500,000, Knightsbridge is entitled to common stock
      equal to 4.99% of the then fully diluted common stock outstanding. The agreement
      contains an anti-dilution clause which guarantees Knightsbridge cannot be
      diluted below this percentage for a period of six months from July 5, 2004.
      In
      February 2005, the Company issued Knightsbridge 4,266 shares of common stock
      value at $63,989.





F-18





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
          7-** **CONVERTIBLE
          DEBENTURES** **(CONTINUED)**





In
      January 2005, the Company issued an additional $225,000 of convertible
      debentures for a total of $625,000 of debentures that are convertible into
      shares of common stock at a price equal to either (a) an amount equal to one
      hundred twenty percent (120%) of the closing bid price of the common stock
      as of
      the closing date or (b) an amount equal to eighty percent (80%) of the lowest
      volume weighted average price of the common stock for the thirty trading days
      immediately preceding the conversion date. The convertible debentures were
      to
      mature in August 2005 and have full registration rights.





Interest
      expense on the convertible debentures was $131,539 and $22,500 for the nine
      months ended September 30, 2006 and 2005, respectively. Accrued interest at
      September 30, 2006 is $187,411. $48,798 was converted from accrued interest
      to
      additional debentures on December 31, 2005. The Company entered into amended
      and
      restated agreements on April 6, 2006 with respect to its convertible debentures
      as described below.





In
      April
      2006, the Company entered into a $1,000,000 convertible debenture with Cornell
      Capital Partners, LP (“Cornell Capital”) and amended certain other outstanding
      agreements in connection with prior convertible debentures totaling $600,000
      in
      principal amount with Cornell Capital and $250,000 with Montgomery Equity
      Partners, Ltd. (“Montgomery”).





*Secured
      Convertible Debenture* .
      The
      Company entered into a secured convertible debenture in the principal amount
      of
      $1,000,000 dated April 4, 2006 and due April 4, 2008. The debenture carries
      an
      interest rate of 8%. The Company has an option to redeem a portion or all
      amounts outstanding under the amended and restated convertible debenture upon
      three days advance written notice provided that the closing bid price of the
      Company’s common stock is less than $.005 (or the market price upon the
      completion of a 150:1 reverse stock split by the Company as proposed in its
      Schedule 14C now under SEC review). Cornell Capital has a right to convert
      the
      debenture into shares of the Company’s common stock based upon a quotient
      obtained by dividing (i) the outstanding amount of the convertible debenture
      by
      the (ii) conversion price which is equal to the lesser of $.005 (or the market
      price upon the completion of a 150:1 reverse stock split by the Company as
      proposed in its Schedule 14C now under SEC review) or 80% of the lowest bid
      price of the Company’s common stock during the thirty trading days immediately
      prior to the conversion date. In the event the Company does not have enough
      shares authorized or listed or quoted on the OTCBB or it cannot timely satisfy
      the conversion sought by Cornell Capital, then Cornell Capital can demand cash
      equal to the product of the outstanding principal amount to be converted plus
      any interest due provided by the conversion price and multiplied by the highest
      closing price of the stock from the date of the conversion notice until the
      date
      that such cash payment is made. Cornell Capital cannot convert the debenture
      or
      receive shares of the Company’s common stock if it would beneficially own in
      excess of 4.9% of the Company’s issued and outstanding shares of common stock at
      the time of such conversion, such determination to be made by Cornell
      Capital.





F-19




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
          7-** **CONVERTIBLE
          DEBENTURES** **(CONTINUED)**





Under
      the
      terms of the convertible debenture so long as any principal amount or interest
      is owed, the Company cannot, without the prior consent of Cornell Capital (i)
      issue or sell any common or preferred stock with or without consideration,
      (ii)
      issue or sell any preferred stock, warrant, option, right, contract or other
      security or instrument granting the holder thereof the right to acquire common
      stock with or without consideration, (iii) enter into any security instrument
      granting the holder of security interest in any of the Company’s assets or (iv)
      file any registration statement on Form S-8. Under the terms of the convertible
      debenture there are a series of events of default, including failure to pay
      principal and interest when due, the Company’s common stock ceasing to be quoted
      for trading or listing on the OTCBB and shall not again be quoted or listed
      for
      trading within five trading days of such listing, the Company being in default
      of any other debentures that the Company has issued to Cornell Capital.
      Following an event of default and while the event of default is not cured,
      Cornell Capital may accelerate all amounts due and payable in cash or elect
      to
      convert such amounts to common stock having a conversion price of the lower
      of
      $.005 per share or the lowest closing bid price during the thirty days
      immediately preceding the conversion date.





*Termination
      Agreement* .
      The
      standby equity distribution agreement, registration rights agreement, escrow
      agreement and placement agent agreement, each dated December 20, 2005, were
      cancelled. Cornell Capital, however, retained the $400,000 Compensation
      Debenture in connection with the standby equity distribution agreement, the
      material terms of which are the same as the amended and restated secured
      convertible debenture described below.





*Second
      Amended and Restated Secured Convertible Debenture* .
      The
      Company entered into a second amended and restated convertible debenture in
      the
      principal amount of $642,041 dated April 4, 2006. The Company has assumed the
      obligations of STI to Cornell Capital under two secured debentures each in
      the
      amount of $300,000 issued on June 29, 2004 and August 23, 2004, respectively
      plus accrued interest of $42,041. Interest payments are to be paid monthly
      in
      arrears commencing April 4, 2006 and continuing for the first day of each
      calendar month thereafter that any amounts due under the convertible debenture
      are due and payable. The interest includes a redemption premium of 20% in
      addition to interest set at an annual rate of 8%.





F-20





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
          7-** **CONVERTIBLE
          DEBENTURES** **(CONTINUED)**


The
      Company has an option to redeem a portion or all amounts outstanding under
      the
      amended and restated convertible debenture upon three days advance written
      notice. Cornell Capital has a right to convert the debenture into shares of
      the
      Company’s common stock based upon a quotient obtained by dividing (i) the
      outstanding amount of the convertible debenture by the (ii) the conversion
      price
      which is equal to the lesser of $.005 (or the market price upon the completion
      of a 150:1 reverse stock split by the Company as proposed in its Schedule 14C
      now under SEC review) or 80% of the lowest closing bid price of the Company’s
      common stock during the thirty trading days immediately prior to the conversion
      date. In the event the Company does not have enough shares of common stock
      authorized or listed or quoted on the OTCBB or it cannot timely satisfy the
      conversion sought by Cornell Capital, then Cornell Capital can demand cash
      equal
      to the product of the outstanding principal amount to be converted plus any
      interest due divided by the conversion price and multiplied by the highest
      closing price of the stock from the date of the conversion notice until the
      date
      that such cash payment is made. Cornell Capital cannot convert the debenture
      or
      receive shares of the Company’s common stock if it would beneficially own in
      excess of 4.9% of our issued and outstanding shares of common stock at the
      time
      of such conversion, such determination to be made by Cornell Capital.





Under
      the
      terms of the convertible debenture so long as any principal amount or interest
      is owed, the Company cannot, without the prior consent of Cornell Capital (i)
      issue or sell any common or preferred stock with or without consideration,
      (ii)
      issue or sell any preferred stock, warrant, option, right, contract or other
      security or instrument granting the holder thereof the right to acquire common
      stock with or without consideration, (iii) enter into any security instrument
      granting the holder of security interest in any of the Company’s assets or (iv)
      file any registration statement on Form S-8. Under the terms of the convertible
      debenture there are a series of events of default, including failure to pay
      principal and interest when due, the common stock ceasing to be quoted for
      trading or listing on the OTCBB and not again being quoted or listed for trading
      within five trading days of such listing, or if the Company being in default
      of
      any other debentures issued by the Company to Cornell Capital. Following an
      event of default, and while the event of default is not cured, Cornell Capital
      may accelerate all amounts due and payable in cash or elect to convert such
      amounts to common stock having a conversion price of $.01 per share.





*Amended
      and Restated Investor Registration Rights Agreement* .
      On
      April 4, 2006 the Company entered into an amended and restated registration
      rights agreement with Cornell Capital. Under the terms of the registration
      rights agreement the Company is obligated to register on Form SB-2 or any other
      applicable form the shares of its common stock issuable to Cornell Capital
      upon
      conversion of the $1,000,000 convertible debenture, the warrant shares to be
      issued under the warrant to Cornell Capital described above, the $642,041
      convertible debenture issued to Cornell Capital, the $256,757 debenture issued
      to Montgomery and the warrant shares to be issued under the warrant to
      Montgomery. The Company will pay all expenses in connection with such
      registration. The Company is required to file with the SEC in a timely manner
      all reports or other documents required under the Securities Act of 1933, as
      amended and the Securities Exchange Act of 1934, as amended to allow Cornell
      Capital and Montgomery to take advantage of Rule 144 under the Securities Act
      of
      1933 (as amended).





F-21




**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
          7-** **CONVERTIBLE
          DEBENTURES** **(CONTINUED)**





*Amended
      and Restated Security Agreement* .
      The
      Company entered into a security agreement dated April 4, 2006 with Cornell
      Capital and Montgomery. Under the terms of the security agreement, the Company
      provided a blanket lien to Cornell Capital and Montgomery to secure its
      obligations under the convertible debentures issued to Cornell Capital and
      Montgomery, respectively. Under the terms of the security agreement the Company
      is not allowed to permit any debts or liens against the Company’s property other
      than the lien previously granted by STI to Crosshill Georgetown Capital under
      the terms of a loan agreement for $750,000 plus interest between STI and
      Crosshill Georgetown Capital that the Company has assumed following the merger
      between the Company and STI.





*Amended
      and Restated Pledge and Escrow Agreement* .
      The
      Company entered into a pledge and escrow agreement dated April 4, 2006 with
      Cornell Capital, Montgomery, Dan L. Jonson and David Gonzales, Esq., acting
      as
      escrow agent. Under the terms of the pledge and escrow agreement, Dan L. Jonson,
      President and CEO of STI, pledged his shares of the Company to secure the
      Company’s obligations under the convertible debenture issued to Cornell Capital
      and to Montgomery under the securities purchase agreement between the Company
      and Montgomery. Mr. Jonson's shares are being held by David Gonzales, Esq.,
      who
      is a principal with Cornell Capital. In the event of default under the pledge
      and escrow agreement, that includes failure of Montgomery or STI to comply
      with
      any of the agreements between themselves and either Montgomery or Cornell
      Capital, Mr. Jonson's pledged shares can be sold to cover any of the obligations
      owed by the Company or STI to Cornell Capital and Montgomery under the various
      financing agreements discussed here. The pledged shares shall be returned to
      Mr.
      Jonson upon payment in full of all amounts owed to Cornell Capital and
      Montgomery under the convertible debentures.





*Irrevocable
      Transfer Agent Instructions Agreement* .
      The
      Company entered into an irrevocable transfer agent instructions agreement dated
      April 4, 2006 among the Company’s transfer agent, Olde Monmouth Stock Transfer
      Company, Cornell Capital and David Gonzales, Esq., as escrow agent. Under the
      terms of the irrevocable transfer agent instructions, NetWorth's common stock
      to
      be issued upon conversion of the convertible debentures for $1,000,000 and
      $400,000 and any interest and liquidated damages to be converted into shares
      of
      the Company’s common stock, Olde Monmouth is required to issue those shares to
      Cornell Capital upon receiving a duly executed conversion notice described
      in
      the irrevocable transfer instructions. The Company confirmed under the terms
      of
      the irrevocable transfer agent instructions that the conversion shares shall
      be
      freely transferable on our books and records and not bear any legend restricting
      transfer. The transfer agent has agreed to reserve for issuance to Cornell
      Capital sufficient shares of common stock should Cornell Capital elect to
      convert any of the Company’s obligations under the convertible debenture into
      shares of the Company’s common stock.





F-22





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
          7-** **CONVERTIBLE
          DEBENTURES** **(CONTINUED)**





*Warrant* .
      The
      Company issued a warrant dated April 4, 2006 for 270,932 shares of its common
      stock (subject to adjustment for stock splits, stock dividends and
      recapitalizations) to Montgomery and Cornell at an exercise price of $.01 and
      $.03 per share, respectively. The warrant is exercisable until December 20,
      2008. Montgomery cannot exercise the warrant if doing so would cause it to
      beneficially own in excess of 4.99% of the total issued and outstanding shares
      of the Company’s common stock unless the exercise is made within sixty days
      prior to December 20, 2008. The shares issued upon exercise of the warrant
      have
      piggyback and demand registration rights set forth in the registration rights
      agreement described above.





*Securities
      Purchase Agreement* .
      The
      Company entered into a securities purchase agreement dated April 4, 2006 with
      Cornell Capital. The securities purchase agreement relates to the $1,000,000
      secured convertible debenture described above. In accordance with the securities
      purchase agreement, the Company agreed to enter into (i) an amended and restated
      investor registration rights agreement to provide registration rights under
      the
      Securities Act of 1933, as amended, for shares of the Company’s common stock
      that could be issued upon conversion of the amounts owed for principal and
      interest under the convertible debentures described above, (ii) an amended
      and
      restated security agreement to provide a blanket lien against our property
      as
      described above, (iii) an amended and restated pledge and escrow agreement
      under
      which Mr. Jonson pledged his shares of the Company’s common stock to Cornell and
      Montgomery, (iv) a second amended and restated security agreement among the
      Company, Cornell Capital, Montgomery and STI and (v) an irrevocable transfer
      agent instructions letter agreement described above. Under the securities
      purchase agreement the Company agreed to preserve an adequate number of shares
      to effect any right of conversion exercised by Cornell Capital under the warrant
      and the convertible debenture described above. The Company also agreed to pay
      Yorkville Advisors Management, LLC, a company affiliated with Montgomery and
      Cornell Capital, a fee equal to 10% of the purchase price or $100,000 and a
      structuring fee to Yorkville Advisors Management, LLC of $10,000.





*Second
      Amended and Restated Subsidiary Security Agreement* .
      STI
      entered into a second amended and restated subsidiary security agreement dated
      April 4, 2006. The material terms of the second amended and restated subsidiary
      security agreement are the same as the security agreement that the Company
      executed with Cornell Capital described above.





*Amended
      and Restated Guaranty* .
      STI
      entered into an amended and restated guaranty dated April 4, 2006 with Cornell
      Capital under which it guaranteed as a direct obligor the Company’s payment and
      performance under the $1,000,000 convertible debenture described above, the
      $400,000 convertible debenture described above, and the $642,041 and the
      $256,757 convertible debenture issued by the Company to Montgomery, including
      all collection fees incurred by Cornell Capital and Montgomery should they
      have
      to seek enforcement of their rights under the amended and restated guaranty.





F-23





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
          7-** **CONVERTIBLE
          DEBENTURES** **(CONTINUED)**





*Amended
      and Restated Secured Convertible Debenture* .
      The
      Company entered into amended and restated secured convertible debenture with
      Montgomery in the amount of $256,757 due April 4, 2008. This debenture has
      similar redemption, conversion and remedies upon an event of default as the
      second amended and restated secured convertible debenture described above.





*Amended
      and Restated Convertible Compensation Debenture* .
      The
      Company entered into an amended and restated convertible compensation debenture
      in the amount of $400,000 due April 4, 2008. The debenture is for a fee to
      be
      paid to Cornell Capital in connection with the now terminated stand by equity
      distribution agreement. This debenture has similar redemption, conversion and
      remedies upon an event of default as the second amended and restated secured
      convertible debenture described above. STI entered into a convertible
      compensation debenture in the amount of $400,000 payable to Cornell Capital
      and
      dated June 29, 2004 that was assigned by STI and assumed by the Company on
      December 20, 2005 under the assignment and assumption agreement dated December
      20, 2005. The terms of the secured convertible debenture are the same as the
      secured convertible debentures described above.





**NOTE
      8-** **COMMITMENTS
      AND CONTINGENCIES**




**Operating
      Lease**





The
      Company entered into a lease on June 1, 2006 with Garrett College, McHenry
      Maryland in the Garrett Information Enterprise Center, 685 Mosser Road, Suite
      11, McHenry, Maryland 21541. The annual lease is renewable with 90 days advance
      notice with a monthly rent of $1,414 per month. A security deposit of $2,828
      was
      paid at the inception of the initial lease period.





Rent
      expense for the nine months ended September 30, 2006 and 2005 was $53,254 and
      $68,623, respectively.





F-24





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      9-** **STOCKHOLDERS’
      DEFICIT**




**Preferred
      Stock**





On
      May
      14, 2002, the Company’s Board of Directors adopted a certificate for 1,000,000
      shares (amended on April 17, 2003 to 2,000,000 shares) of the 10,000,000 shares
      of preferred stock authorized by the shareholders at the Annual Meeting (the
      “Certificate of Designation”). The Certificate of Designation designated
      2,000,000 shares as “Class A Non-Voting, Convertible Preferred Stock” (the
“Class A Preferred Stock”). The holder of shares of the Class A Preferred Stock
      will be entitled to all dividends declared by the Board of Directors at a rate
      per share 10 times that paid per share of common stock, and will be entitled
      to
      convert each share of Class A Preferred Stock for 10 shares of common stock
      (subject to adjustment upon the occurrence of certain events as specified in
      the
      Certificate of Designation), but only to the extent that the aggregate number
      of
      shares of common stock held by the holder (and any other person with whom the
      holder must aggregate shares for purposes of Commission Rule 144) is less than
      5% of the Company’s outstanding common stock so that the holder will not be
      deemed to have “control” within the meaning of Commission Rule 405.





The
      Certificate of Designation further provides: (1) for liquidation rights that
      treat one share of Class A Preferred Stock as if it were 1,000 shares of common
      stock in the event of the liquidation, dissolution or winding up of the Company;
      (2) that the Class A Preferred Stock will have no voting rights; and (3) that
      no
      holder of Class A Preferred Stock may serve as an officer or director of the
      Company, or serve in any capacity with the Company that would render such person
      a “control person” within the meaning of the Securities Exchange Act.





The
      Company at September 30, 2006 has 801,831 shares of the Class A Preferred Shares
      issued and outstanding.





F-25





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      9-** **STOCKHOLDERS’
      DEFICIT** **(CONTINUED)**





**Common
      Stock**




As
      of
      September 30, 2006, the Company has 650,000,000 shares of common stock
      authorized and 2,375,254 shares issued and 2,374,001 shares outstanding. The
      par
      value of the common stock is $.01. On August 15, 2006, the Company approved
      a 1
      for 150 share reverse stock split. The result of the reverse stock split brought
      the issued and outstanding shares to 2,375,254 from 356,317,160 shares. The
      share amounts have been reflected retrospective of the stock split.




During
      the nine months ended September 30, 2006, the Company issued:





1,950,103
      shares of common stock on January 5, 2006 to effectuate a 10 for 1 stock split
      approved by the Company’s board of directors. The shares have been retroactively
      stated in these statements to reflect the stock split as of January 1,
      2005.





208,667
      shares of stock in conversion of 313,000 shares of preferred stock.





During
      the year ended December 31, 2005, the Company issued:





632,940
      shares were issued to Solution Technology, Inc. shareholders in the share
      exchange. This represents a partial issuance.





194,467
      shares of common stock in conversion of 291,700 Class A Preferred
      Shares.





42,659
      shares of common stock to Knightsbridge as noted in Note 7 under the convertible
      debenture agreement.





30,000
      shares of common stock for services rendered valued at $45,000.





337,497
      shares of common stock valued at $694,495 (ranging from $.05 per share to $.10
      per share) for director fees.





**Stock
      Options and Warrants**





If
      compensation expense for the Company's stock-based compensation plans had been
      determined consistent with SFAS 123, amended by SFAS 148, the Company's net
      income and net income per share including pro forma results would have been
      the
      amounts indicated below:





F-26





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      9-** **STOCKHOLDERS’
      DEFICIT** **(CONTINUED)**





**Stock
      Options and Warrants** **(Continued)**





Nine
                Months Ended September 30,2006
            
            2005Net
                loss:As
                reported
            
            
            ($944,397
            )
            
            ($1,522,386
            )Add: Stock-based
              employee compensation expenseincluded
                in reported net loss, net of related tax effects
            
            
            -
            
            
            -Less: Total
              stock-based employee compensationexpense
              determined
              under fair value basedmethod
              for all awards, net of related tax
              effects
            
            
            (-
            )
            
            (-
            )Pro
                forma
            
            
            ($944,397
            )
            
            ($1,522,386
            )Net
                loss per share:As
                reported:Basic
            
            
            ($0.42
            )
            
            ($10.63
            )Diluted
            
            
            ($0.42
            )
            
            ($10.63
            )Pro
                forma:Basic
            
            
            ($0.42
            )
            
            ($10.63
            )Diluted
            
            
            ($0.42
            )
            
            ($10.63
            )





There
      were no options or warrants issued for the nine months ended September 30,
      2006
      and 2005, respectively, except for the 270,933 warrants to Cornell Capital
      Partners, L.P. and Montgomery Equity in April 2006 (see Note 7).





**NOTE
      10-** **PROVISION
      FOR INCOME TAXES**





Deferred
      income taxes are determined using the liability method for the temporary
      differences between the financial reporting basis and income tax basis of the
      Company’s assets and liabilities. Deferred income taxes are measured based on
      the tax rates expected to be in effect when the temporary differences are
      included in the Company’s tax return. Deferred tax assets and liabilities are
      recognized based on anticipated future tax consequences attributable to
      differences between financial statement carrying amounts of assets and
      liabilities and their respective tax bases.





At
      September 30, 2006, deferred tax assets consist of the following:





F-27





**SOLUTION
      TECHNOLOGY INTERNATIONAL, INC.**


**(FORMERLY
      NETWORTH TECHNOLOGIES, INC.)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)**


**(UNAUDITED)**


**SEPTEMBER
      30, 2006 AND 2005**





**NOTE
      10-** **PROVISION
      FOR INCOME TAXES** **(CONTINUED)**





Net
                operating losses
            
            $
            8,781,339Amortization
                of intangible assets
            
            
            (72,092
            )8,709,247Valuation
                allowance
            
            
            (8,709,247
            )$
            -




At
      September 30, 2006, the Company had a net operating loss carryforward in the
      approximate amount of $25,827,467, available to offset future taxable income
      through 2026. The Company established valuation allowances equal to the full
      amount of the deferred tax assets due to the uncertainty of the utilization
      of
      the operating losses in future periods.





A
      reconciliation of the Company’s effective tax rate as a percentage of income
      before taxes and federal statutory rate for the nine months ended September
      30,
      2006 and 2005 is summarized as follows:




2006
            
            
            
            
            2005Federal
                statutory rate
            
            
            (34.0
            )%
            
            
            
            (34.0
            )%State
                income taxes, net of federal benefits
            
            
            3.3
            
            
            
            
            3.3Valuation
                allowance
            
            
            30.7
            
            
            
            
            30.70
            %
            
            
            
            0
            %




**NOTE
      11-** **LITIGATION**





The
      Company is, from time to time, involved in various legal and other proceedings
      which arise in the ordinary course of operating its business. In the opinion
      of
      management, the amount of ultimate liability, if any, with respect to these
      actions will not materially affect the condensed consolidated financial position
      or results of operations of the Company.





F-28




**Item
      2.** **Management’s
      Discussion and Analysis of Financial Condition and Results of
      Operations**


ITEM
        2.
        MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
        OPERATIONS.
 
 FORWARD
        LOOKING STATEMENTS
 
 This
        Quarterly Report on Form 10-QSB contains forward-looking statements that
        involve
        risks and uncertainties. The statements contained in this document that are
        not
        purely historical are forward-looking statements within the meaning of Section
        27A of the Securities Act of 1933 (“Securities Act”) and Section 21E of the
        Securities Exchange Act of 1934, including without limitation statements
        regarding our expectations, beliefs, intentions or strategies regarding our
        business. This Quarterly Report on Form 10-QSB includes forward-looking
        statements about our business including, but not limited to, the level of
        our
        expenditures and savings for various expense items and our liquidity in future
        periods. We may identify these statements by the use of words such as
“anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”,
“may”, “might”, “plan”, “potential”, “predict”, “project”, “should”, “will”,
“would” and other similar expressions. All forward-looking statements included
        in this document are based on information available to us on the date hereof,
        and we assume no obligation to update any such forward-looking statements,
        except as may otherwise be required by law. Our actual results could differ
        materially from those anticipated in these forward-looking statements.
 
 OVERVIEW
 
 We
        merged
        with Solution Technology International, Inc. (“STI” or the “Company”) on June
        20, 2005 in a transaction that for accounting purposes was treated as a reverse
        merger by the accounting acquirer, STI. We design, develop, market and supports
        a web-based multi-language, multi-currency software solution (“SurSITE®”) used
        by insurance and reinsurance companies to facilitate and support their most
        critical back-office business processes. Our reinsurance application is
        proprietary software for reinsurance management of complex reinsurance contract
        combinations throughout the entire reinsurance contract workflow, from ceded
        and
        assumed to retroceded business. In August 2006 we concluded a short form
        merger
        under Delaware law to merge STI into NetWorth and amended the our certificate
        of
        incorporation to change our name to Solution Technology International, Inc.
        We
        also received a new trading symbol, STNL.
 
 What
        distinguishes STI’s SurSITE® solution from its competition is an
“industry-first” Technical Accounting Transaction Engine (“TATE”) application
        that automates calculations and generates transactions for premiums,
        commissions, and claims based on events and transactions at the original
        insurance policy level; it also manages statements of account, reinsurance
        recovery notices, and claims notifications. To further enhance the applicability
        of the SurSITE® software, we are currently designing extensive support for
        facultative reinsurance used to insure very large risks that cannot be insured
        by a single insurance company like property and liability insurance for
        multinational corporations, airlines and aerospace, cargo, energy, engineering,
        manufacturers, ocean hull, etc. In addition to this software product, we
        will
        provide our customer with complete requirements studies, data migrations,
        data
        integration tools, system integrations and other related professional services.
 
 1
  We
        plan
        to market and sell our products worldwide, at the outset by utilizing a network
        of international industry contacts developed by senior management and indirectly
        through third parties. As part of the planned scaling of the organization,
        we
        will establish an international sales force by hiring experienced professionals
        with well-established track records and contacts throughout the insurance
        and
        reinsurance industry. We plan to establish a presence in the London market
        since
        it is the global center of reinsurance trading. We also expect to establish
        three sales teams to focus on the North American market. The initial U.S.
        sales
        team is being formed again following the departure of the two reinsurance
        professionals, both former insurance brokers, who initially managed this
        group.
        The Company has initiated product sales discussions with several U.S. based
        insurance companies through its existing management team.
 
 The
        Company’s initial multi-million dollar deployment and charter client, won by the
        Company’s existing management team in competition against Computer Science
        Corporation, is an insurance and reinsurance consortium based in Zurich,
        Switzerland consisting of 26 well-known member companies, including among
        others, Allianz, Partner Re, Swiss Re, Winterthur Insurance Company and Zurich
        Insurance Group. The member companies are using STI’s software platform to
        produce direct insurance business and manage the reinsurance transactions
        of the
        produced direct insurance business.
 
 For
        decades, lack of automation coupled with fragmented information systems of
        many
        global insurance and reinsurance organizations have made it difficult to
        accurately manage complex technical accounting methods causing losses from
        hard-to-detect errors involving premiums received and payable, claims and
        risk
        allocation, unnecessary operating expenses and reduced investment income
        from
        the negative impact of delayed claims recovery. Frequently, these shortcomings
        have been amplified by fragmented business process, many repetitive, manual
        paper-based processes, untimely and incomplete collection of data and lack
        of
        access to intelligence embedded in an insurance company’s own data to facilitate
        making the correct business decisions. In addition, it is difficult for many
        organizations to maintain reinsurance contract knowledge as a result of staff
        turnover since losses may be reported years after a reinsurance contract
        has
        been initiated.
 
 Our
        reinsurance software enables an organization to overcome the limitations
        of
        fragmented business processes and gain control of mission-critical reinsurance
        administration. The TATE, which has been tested by some of the most experienced
        reinsurance industry professionals, provides the solution that addresses
        the
        many problems associated with accurately managing complex technical accounting
        methods, timely loss recoveries, and error prone business processes. Our
        software products allow companies to leverage their substantial investments
        in
        existing IT infrastructures while exploiting the many benefits offered by
        automation of technical accounting transactions. We believe that the SurSITE®
reinsurance software solution improves the quality, consistency, and accuracy
        of
        work performed and positions management to significantly and measurably reduce
        operating expenses and reduce errors.
 
 2
 Our
        objective is to establish our reinsurance solution as the industry standard
        in
        managing complex reinsurance contract combinations throughout the entire
        reinsurance contract workflow. To achieve this goal we intend to enhance
        our
        technical leadership by adding support for new and evolving premium and claims
        recovery methods; functionality for trend analysis, capacity utilization
        and
        exposure control; accelerating the acceptance of its products by leveraging
        strategic partnerships; and providing the software and services necessary
        to
        conduct safe and reliable technical accounting transactions over the
        Internet.
 
 NINE
        MONTHS ENDED SEPTEMBER 30, 2006 AND SEPTEMBER 30, 2005
 
 There
        were no revenues for the nine months ended September 30, 2006 and $5,000
        of
        non-recurring revenues for the nine months ended September 30, 2005,
        respectively. We are currently in negotiations with potential customers for
        the
        licensing of our software.
 
 Cost
        of
        revenue for the nine months ended September 30, 2006 and 2005 were $72,092
        and
        $80,092, respectively. The Company incurred $72,092 in amortization of their
        intangible assets each period, and in 2005 had $8,000 in expenditures under
        a
        development agreement.
 
 Operating
        expenses for the nine months ended September 30, 2006 and 2005 were $633,192
        and
        $1,328,206, respectively. This represents a decrease of approximately $695,000
        due in large part to the expense associated with the issuance of common stock
        for services in 2005 as well as additional compensation expense. Additionally,
        we incurred a substantial amount of professional fees in 2005 to complete
        the
        reverse merger.
 
 Other
        income (expense) was ($239,183) for the nine months ended September 30, 2006
        compared to $(119,088) for the nine months ended September 30, 2005, a decrease
        of $120,095. The decrease is attributable to $490,080 in forgiveness of debt
        of
        certain accounts payable offset by an increase in interest expense of
        approximately $611,000 in 2006 compared to 2005 due to the fair value changes
        in
        the derivative liability.
 
 THREE
        MONTHS ENDED SEPTEMBER 30, 2006 AND SEPTEMBER 30, 2005
 
 There
        were no revenues for the three months ended September 30, 2006 and $5,000
        of
        non-recurring revenues for the three months ended September 30,2005,
        respectively.
 
 Cost
        of
        revenue for the three months ended September 30, 2006 and 2005 were $24,031
        and
        $24,031, respectively. We incurred $24,031 in amortization of our intangible
        assets each period.
 
 3
 Operating
        expenses for the three months ended September 30, 2006 and 2005 were $241,242
        and $459,629, respectively. This represents a decrease of approximately $218,000
        due in large part to additional compensation and the incurrence of professional
        fees in 2005 to complete the reverse merger.
 
 Other
        income (expense) was ($294,363) for the three months ended September 30,
        2006
        compared to $(46,181) for the three months ended September 30, 2005, a decrease
        of $248,182. The decrease is attributable to $40,089 in forgiveness of debt
        of
        certain accounts payable offset by an increase in interest expense of $288,285
        in 2006 compared to 2005 due to the fair value changes in the derivative
        liability.
 
 LIQUIDITY
        AND CAPITAL RESOURCES
 
 At
        September 30, 2006, we had a net working capital deficit of $8,668,401. The
        working capital deficit was mainly due to the derivative liabilities recognized
        from the debenture financing with Cornell Capital in the amount of $2,074,291,
        the liability for the shares to be issued in our merger with STI in the amount
        of $3,272,721, as well as the current portion of notes payable in the amount
        of
        $1,330,000. We were able to negotiate various vendor payables during the
        nine
        months ended September 30, 2006 and as a result recognized forgiveness of
        debt
        in the amount of $490,080. This contributed to the reduction in accounts
        payable
        and accrued expenses in the amount of $281,730 for the nine months ended
        September 30, 2006. We received an additional $890,000, net of deferred fees,
        through our issuance on April 4, 2006 of a secured convertible debenture
        to
        Cornell Capital, and with these proceeds paid certain vendors as well as
        some of
        the accrued compensation to our current and former employees. We have been
        negotiating terms of licensing agreements with customers.
 
 We
        used
        $856,916 in operating activities for the nine months ended September 30,
        2006 as
        compared to $356,771 for the nine months ended September 30, 2005. The increase
        in cash used in operating activities of approximately $1,220,000 was due
        to the
        changes in accounts payable and accrued compensation from 2006 to 2005, offset
        by our change in net loss of approximately $575,000.
  We
        had
        net cash used in investing activities of $22,409 for the nine months ended
        September 30, 2006 due to capital expenditures acquired for our Illinois
        location.
 
 We
        had
        net cash provided by financing activities of $884,361 for the nine months
        ended
        September 30, 2006 compared to $373,607 for the nine months ended September
        30,
        2005. This change was attributable to our borrowing an additional $890,000
        net
        of deferred fees from Cornell Capital under the secured convertible debenture
        issued on April 4, 2006.
 
 In
        pursuing our business strategy, we may require additional cash for operating
        and
        investing activities. We expect future cash requirements, if any to be funded
        from operating cash flow and cash flow from financing activities.
 
 The
        accompanying financial statements have been prepared assuming we will continue
        as a going concern. We have suffered recurring losses from operations and
        at
        September 30, 2006 had working capital deficits as noted above, and these
        factors have caused substantial doubt about our ability to continue as a
        going
        concern for a period of one year. The financial statements do not include
        any
        adjustments that might result from the outcome of this uncertainty.
 
 4





**Item
      3:** **Controls
      and Procedures**





**(a)** **Evaluation
          of Disclosure Controls and Procedures**





The
      term
“disclosure controls and procedures” is defined in Rules 13a-15(e) and 15d-15(e)
      of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). This
      term refers to the controls and procedures of a company that are designed to
      ensure that information required to be disclosed by a company in the reports
      that it files under the Exchange Act is recorded, processed, summarized, and
      reported within the required time periods. The Company’s Chief Executive Officer
      and Chief Financial Officer have evaluated the effectiveness of our disclosure
      controls and procedures as of September 30, 2006. The Chief Executive Officer
      and Chief Financial Officer has concluded that, as of that date, our disclosure
      controls and procedures were effective at ensuring that required information
      will be disclosed on a timely basis in our reports filed under the Exchange
      Act.





**(b)** **Changes
          in Internal Control over Financial
          Reporting**





The
      Company implemented an Internal Control Policy allowing for the confidential
      receipt and treatment of complaints in regards to the Company’s internal
      accounting controls and auditing matters. A director, officer or employee may
      file a confidential and anonymous concern regarding questionable accounting
      or
      auditing matters to an independent representative of the Company’s Audit
      Committee. As of September 30, 2006, an evaluation was performed under the
      supervision and with the participation of the Company’s management, including
      the Chief Executive Officer and the Chief Financial Officer, of the
      effectiveness of the design and operation of the Company’s internal control over
      financial reporting. Based on that evaluation, the Chief Executive Officer
      and
      Chief Financial Officer has concluded that, as of that date, our internal
      controls over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f)
      under the Exchange Act) were effective.





There
      was
      no change in our internal control over financial reporting during 2005 from
      2004
      that was materially affected, or is reasonably likely to materially affect,
      our
      internal control over financial reporting.





**CODE
      OF ETHICS**





The
      Company implemented a Code of Ethics by which directors, officers and employees
      commit and undertake to personal and corporate growth, dedicate themselves
      to
      excellence, integrity and responsiveness to the marketplace, and work together
      to enhance the value of the Company for the shareholders, vendors, and
      customers.





**TRADING
      POLICY**





The
      Company implemented a Trading Policy whereby if a director, officer or employee
      has material non-public information relating to the Company, neither that person
      nor any related person may buy or sell securities of the Company or engage
      in
      any other action to take advantage of, or pass on to others, that information.
      Additionally, insiders may purchase or sell Company securities if such purchase
      or sale is made within 30 days after an earnings or special announcement to
      include the 10-KSB, 10-QSB and 8-K in order to insure that investors have
      available the same information necessary to make investment decisions as
      insiders.





5




**PART
      II**





**OTHER
      INFORMATION**





**Item
      1.** **Legal
      Proceedings**





Sachs
      Sax
      Klein v. NetWorth Technologies, Inc. (Palm Beach County, Florida, filed March
      28, 2005). The amount in controversy is $11,039.80, representing the balance
      owed to plaintiff for legal services performed by


plaintiff
      for the predecessor of its former subsidiary, NetWorth Systems, and the value
      of
      a warrant for 3% of the Company’s Common Stock. No answer has been filed by
      NetWorth Technologies and no action has been taken by the plaintiff to seek
      a
      default judgment. The plaintiff initially expressed interest in a settlement
      based on issuances of the Company's Common Stock but we have not had further
      discussions since those initial discussions.





James
      Andrew Rice v. Solution Technology International, Inc. (U.S. District Court
      for
      the District of Maryland). Mr. Rice, a former employee of Solution Technology
      International, Inc., has sued to recover alleged unpaid wages of $89,677.80
      (which he claims are trebled under the Maryland wage and hour laws to
      $269,033.40) and alleged expenses of approximately $9,600. Defendants motion
      to
      dismiss Dan L. Jonson as a defendant was granted November 9, 2006. An answer
      to
      the complaint will be due following disposition of any preliminary
      motions.




Urban
      Jonson v. Solution Technology International, Inc. (Circuit Court for Frederick
      County, Maryland). Mr. Jonson, a former employee of Solution Technology
      International, Inc. and the son on Dan L. Jonson, has sued to recover on a
      confessed judgment note in the principal amount of $150,000 to recover unpaid
      wages. Plaintiff filed a writ of garnishment to collect on the unpaid note
      and
      garnished $25,000. Plaintiff and defendants have had settlement negotiations
      but
      no settlement has been reached.





**Item
      2.** **Defaults
      Upon Senior Securities**





NetWorth
      received a total of $625,000 under secured convertible debentures issued to
      Montgomery Equity Partners, Ltd. (“Montgomery”) and Advantage Capital
      Development Corp. (“Advantage”), companies affiliated with Cornell Capital
      Partners, LP to the Company’s knowledge, that are convertible into shares of our
      common stock at a price equal to either (a) an amount equal to one hundred
      twenty percent (120%) of the closing bid price of the common stock as of the
      closing date or (b) an amount equal to eighty percent (80%) of the lowest
      volume weighted average price of the common stock for the thirty trading days
      immediately preceding the conversion date. The convertible debentures matured
      in
      August 2005 and have full registration rights. The convertible debentures are
      secured by all of the Company’s assets. The Company is in default under the
      terms of the convertible debentures. Montgomery assigned its interest in the
      debenture to Advantage on March 10, 2005. Accordingly, Advantage has the
      right to accelerate all payments owed of principal and interest or they can
      convert the amounts owed into shares of our Common Stock. Advantage converted
      $25,000 of the debenture to 161,159 shares of our common stock under the
      conversion terms of the debenture in April 2006.





**Item
      5.** **Other
      Information**





**Item
      6. Exhibits**




Exhibit No.:
            Description
            **Location**31.1
            Certification of Chief Executive Officer
              Pursuant to Section 302 of the Sarbanes-Oxley
              Act
            Provided herewith31.2
            Certification of Principal Financial
              and
              Principal Accounting Officer Pursuant
              to Section 302 of the Sarbanes-Oxley Act
            Provided herewith32.1*
            Certification of Chief Executive Officer
              and
              Principal Financial Officer Pursuant
              to Section 906 of theSarbanes-Oxley Act.
            Provided
              herewith





*
      These
      certifications are not deemed filed by the SEC and are not to be incorporated
      by
      reference in any filing of the Registrant under the Securities Act of 1933
      or
      the Securities Exchange Act of 1934, irrespective of any general incorporation
      language in any filings.





6




**SIGNATURE**





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.






**SOLUTION TECHNOLOGY INTERNATIONAL,
              INC.**Date:November
              15, 2006
            By:
            /s/
              Dan L.
              JonsonDan L. JonsonChief
              Executive Officer




Date:November
              15, 2006
            By:
            /s/
              Michael
              PollackMichael PollackChief Financial Officer




7