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                    U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                  FORM 10-KSB

(Mark One)

                    U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                  FORM 10-KSB
[X]              ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the fiscal year ended December 31, 2001
                                       OR
[_]         TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934
                  For the transition period from          to
                         Commission File No. 333-74628
                                 Sharecom, Inc.
                 (Name of small business Issuer in its charter)

             Nevada                               86-0857752
(State or other jurisdiction of                   (I.R.S. Employer
incorporation or organization                     Identification No.)

430 Wanda Lane                                    60067
Palatine, Illinois                                (Zip Code)
(Address of principal executive offices)
                   Issuer's telephone number: (847) 991-0569
          Securities to be registered under Section 12(b) of the Act:

      Title of each class        Name of each exchange on which registered
         Common Stock                            OTCBB

          Securities to be registered under Section 12(g) of the Act:
                                      None
                                (Title of Class)

     Check whether the Issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Securities 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 [X]  No [_]

     Check if there is no disclosure of delinquent filers in response to Item
405 of Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or any amendment to this Form 10-KSB. [_]

     State Issuer's revenues for its most recent fiscal year.........$250,283

The aggregate market value of the voting and non-voting common equity held by
non-affiliates was $1,635,829 on December 31, 2001.

     (Issuers involved in bankruptcy proceedings during the past five years)
Check whether the Issuer has filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes [_]  No [_]

     (Applicable only to corporate registrants) State the number of shares
outstanding of each of the Issuer's classes of common equity, as of the latest
practicable date. 746,360,761 as of April 1, 2002.

     Documents incorporated by reference. If the following documents are
incorporated by reference, briefly describe them and identify the part of the
Form 10-KSB (e.g., Part I, Part II, etc.) into which the document is
incorporated: (1) any annual report to security holders; (2) any proxy or
information statement; and (3) any prospectus filed pursuant to Rule 424(b) or
(c) of the Securities Act of 1933 ("Securities Act"). The listed documents
should be clearly described for identification purposes (e.g., annual report to
security holders for fiscal year ended December 24, 1990).

    Transitional Small Business Disclosure Form (Check One): Yes [_] No [X]

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                               TABLE OF CONTENTS

Forward Looking Statements

                                     PART I

Item 1.  Description of the Business
Item 2.  Description of Property
Item 3.  Legal Proceedings
Item 4.  Submission of Matters to a Vote of Security Holders

                                    PART II

Item 5.  Market for Common Equity and Related Stockholder Matters
Item 6.  Management's Discussion and Analysis of Financial Condition and Results
           of Operations
Item 7.  Financial Statements
Item 8.  Changes in and Disagreements with Accountants

                                    PART III

Item 9.  Directors, Executive Officers, Promoters and Control Persons;
           Compliance with Section 16(a) of the Exchange Act
Item 10. Executive Compensation
Item 11. Security Ownership of Certain Beneficial Owners and Management
Item 12. Certain Relationships and Related Transactions

                                    PART IV

Item 13. Exhibits, Financial Statements and Financial Statement Schedules

Forward-Looking Statements

This Form 10-KSB contains forward-looking statements about the business,
financial condition and prospects of the Company that reflect assumptions made
by management and management's beliefs based on information currently available
to it. The Company can give no assurance that the expectations indicated by such
forward-looking statements will be realized. If any of management's assumptions
should prove incorrect, or if any of the risks and uncertainties underlying such
expectations should materialize, the Company's actual results may differ
materially from those indicated by the forward-looking statements.

The key factors that are not within the Company's control and that may have a
direct bearing on operating results include, but are not limited to, the
acceptance by customers of the Company's products, the Company's ability to
develop new products cost-effectively, the ability of the Company to raise
capital in the future, the development by competitors of products using improved
or alternative technology, the retention of key employees and general economic
conditions.

There may be other risks and circumstances that management is unable to predict.
When used in this Form 10-KSB, words such as, "believes," "expects," "intends,"
"plans," "anticipates," "estimates" and similar expressions are intended to
identify forward-looking


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statements, although there may be certain forward-looking statements not
accompanied by such expressions. All forward-looking statements are intended to
be covered by the safe harbor created by Section 21E of the Securities Exchange
Act of 1934.

PART I

ITEM 1. DESCRIPTION OF THE BUSINESS

THE COMPANY

ShareCom, Inc. ("SHCC"), is a Nevada corporation formerly known as Anonymous
Data, founded in 1996. We are the successor to a corporation founded in 2001 by
Brad Nordling as ShareCom, Inc, an Illinois corporation. We are an importer
and distributor, based in Palatine, IL, for a line of NOAA Weather Radio
products, CB Radios, and other 2-way radio products.

We began operations in 1994 as a sole proprietorship name Shared Computer
Services. Our business began with Local Area Network (LAN) installations and
upgrades. We also became involved in the design and development of Internet web
sites for various organizations. Our first e-commerce web site, 2WayTalk.com,
became operational in 1998. Subsequent web sites including WeatherRadios.com,
CBRadios.com, and WalkieTalkies.com have been operational since 2000.

In July 2001, we completed a reverse acquisition with Anonymous Data, Inc., a
public, reporting company founded in 1996. On the same date, Anonymous Data,
Inc. changed its name to ShareCom, Inc. and moved its headquarters to Palatine,
Illinois. The transaction was structured as a share exchange, in which Brad
Nordling exchanged all of his shares in the privately held SHCC for common
shares of Anonymous Data, Inc.

The purposes of this transaction were to give SHCC access to a public
financing market; to create a new corporate vehicle with which to build a more
expansive electronics importer infrastructure, and to enable SHCC to
leverage its direct marketing and distribution channel efforts. Currently, we
are actively pursuing acquisitions and strategic relationships in order to
enhance revenues base and provide a more expansive distribution channels.


OVERVIEW

Our principal business is the NOAA Weather Radio category of home electronics.
NOAA Weather Radio is a public service provided by the National Weather Service
which has more than 650 transmitters across the United States. In addition to
broadcasting weather information such as current conditions and forecasts, NOAA
Weather Radio also broadcasts emergency alerts to notify people that a dangerous
situation requires their

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immediate attention. This is especially important for people while they are
sleeping. Like a smoke detector, a NOAA Weather Radio receiver will sound the
alert so a family can be aware of the situation and take appropriate action. In
addition to weather related emergencies, NOAA Weather Radio also sends out
alerts for non-weather emergencies such as Terrorism Attacks, Chemical Releases,
Oil Spills, Prison Breaks, nuclear power plant emergencies, and other local and
national emergencies. The goal of the federal government is to have a NOAA
Weather Radio receiver in every home and business in the United States.

A feature of the NOAA Weather Radio system that started in 1997 is called
Specific Area Message Encoding (S.A.M.E.). This identifies the specific area to
which the alert applies. A receiver that has S.A.M.E. capabilities can be
programmed so that it will only sound the alert if it is for its specific area.
This eliminates false alarms caused by an alert that is for a different area in
the transmitter's broadcast range.

Through 2000 and into 2001, the Company has been a distributor of existing NOAA
Weather Radio receivers manufactured by various companies. Because of a shortage
of products available, and to satisfy the increasing number of orders for these
products, ShareCom developed our own line of NOAA Weather Radio receivers. All
ShareCom receivers incorporate S.A.M.E. technology. Our entry-level model, the
WRP-500, is a low-priced, S.A.M.E enabled NOAA Weather Radio with battery
backup. This radio will be marketed to end-consumers and to municipalities
wishing to acquire a large number of receivers for distribution throughout their
area. The WRP-500 is a high-end NOAA Weather Radio receiver that has software
installed for advanced capabilities and ease of programming. With a large
display screen and built-in maps and S.A.M.E codes, a user needs only to scroll
to their state and county and press "enter" to program their radio. The third
product, the WRP-900, is a revolutionary product that ShareCom owns exclusively
and jointly shares the patent on. It is the only NOAA Weather Radio that
connects to a computer to send the alert to the computer's screen. If the
computer is connected to a network, it also will send the alert to every
computer on the network. It also will send an email to any user so a person can
receive it remotely via their cell phone, PDA, pager or fax machine. When these
three products have been fully developed and produced, three additional products
are in line to also be developed. ShareCom intends to have the most complete
line of NOAA Weather Radio products available anywhere.

REVENUE SOURCES

ShareCom currently generates approximately 50% of its revenue through
distributors and bidding processes with municipalities, 40% via e-commerce sales
through co-promotional agreements and group discounts, and 10% through
full-priced, e-commerce sales. Our business plan calls for us to now start to
acquire both Retail and catalog placement to further increase product sales.

COMPETITION

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The manufacturers that are producing NOAA Weather Radio products have decreased
during 2001 and there is less competition now for high quality receivers.
Several Internet sites do carry these products and we compete with them for
distribution of our products. However, as our product line expands, we will of
course no longer carry the products manufactured by other companies and will be
only marketing our products. The same Internet sites we now compete with will be
one of our major distribution channels, as they will be carrying our product
line. This has already started and we have begun to sign up dealers who have
been placing orders with us for our ShareCom line of NOAA Weather Radio
receivers. We have confidence that our product line will make the ShareCom
receiver the preferred choice for consumers.

PRODUCTS

During 2001, the availability of the products that we market decreased with the
discontinuation of two brands that we distributed. To control product
availability, we entered into an agreement with Maxwood Technologies, a division
of Nikko Electronics of Japan to design, develop and import our proprietary line
of NOAA Weather Radio products under the ShareCom name. To date, three products
have been announced: the entry level WRP-50, the high-end WRP-500 and our
patented product, the WRP-900. The WRP-500 was developed first and arrived at
our facilities on March 4, 2002. With product availability concerns overcome,
our revenues should see a steady increase during 2002.

ALLIANCES

On Jan. 17, 2002, we announced the formation of a strategic alliance with
Maxwood Technology LTD., an affiliate and partner of NIKKO Electronics BHD and
NIKKO CO., LTD.--to design, develop, manufacture, market and sell specialized
unique Emergency Weather Radio Products never before seen by consumer
electronics industry. The partnership has developed three specialized products
that ShareCom has introduced, including the latest Homeland Security device, the
WRP-900, introduced at the 2002 Consumer Electronics Show.

Maxwood Technology Ltd., a design and engineering company, is affiliated with
NIKKO CO., LTD., the world's largest producer of remote control products and
NIKKO Electronic BHD, the publicly traded Malaysian manufacturing arm of NIKKO
CO., Ltd. Maxwood Technology products include remote control toys, PDA's,
international Translators, GPS, NOAA Weather Radios, WMA digital audio and MP3
digital audio portable players, pocket PC, cellular phone interface devices,
electronic kick boards, and financial pagers. In 2001, NIKKO produced 11.2
million remote control products.

MARKETING

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Our products also are marketed through our Internet e-commerce site,
WeatherRadios.com. We have several co-promotional programs that are designed to
increase consumer awareness about the NOAA Weather Radio system and to show the
different product options available to consumers. There are give-away programs
geared for television stations, employee discount programs for corporations,
fund raising programs for charitable organizations, and volume discount options
for municipalities. An authorized dealership program also has begun and several
dealer applications have already been accepted and initial orders have been
received. In addition to these marketing avenues, several catalog opportunities
have begun with placement to start in May, 2002. The business product, the
WRP-900, will be sold through a distribution channel of authorized business
re-sellers, which presently is being negotiated.

CUSTOMERS

Our customer base reflects the goal of the National Weather Service:

     "Our goal is to someday have a NOAA Weather Radio in every home, just like
     a smoke detector, and in all schools, hospitals and other public gathering
     places." Dr. Elbert W. Friday, Jr., former Director, National Weather
     Service.

The product category is known most for the alert capabilities available during
severe storms, such as tornadoes and hurricanes. This results in a concentration
of sales in the area known as "Tornado Alley", which runs through the center of
the United States from Texas, Louisiana and Alabama up through Oklahoma, Kansas,
Missouri, Iowa and Minnesota. The NOAA Weather Radio system also provides alerts
for non-weather emergencies such as terrorist attacks, oil spills, chemical
Releases and National Emergencies. The post 9/11 increased awareness of the need
for non-weather related alerts, and opened up our customer base to the entire
United States, including all homes and businesses.

RESEARCH AND DEVELOPMENT ACTIVITIES

In fiscal 2001, which ended December 31, 2001, our Research and Development
expenses were carried by our development partner, Maxwood Technologies Limited.
These R&D activities included NOAA Weather Radio Product design & development.

EMPLOYEES

As of December 31, 2001, the Company had 3 full-time employees. The Company also
contracted with other personnel and subcontractors for various projects on an
as-needed basis.

ITEM 2. DESCRIPTION OF PROPERTY

The Company relocated its headquarters during the year from 1251 N. Sherwood
Ln., Palatine, IL 60067 to 430 Wanda Lane, Palatine, IL 60067, increasing in
size from 650 square feet to 2,000 square feet. This includes the executive
offices, research and development facility and warehouse. The facility is in
good condition with no material

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defects or deferred maintenance. The facility is leased from unaffiliated third
parties under a lease that began December 1, 2001 and ends November 30, 2003.
Management believes that its existing facility space currently under lease is
sufficient for its current activities and potential growth in the foreseeable
future.

ITEM 3. LEGAL PROCEEDINGS

The Company is not a party to any legal proceeding, the adverse outcome of
which, in management's opinion, would have a material adverse effect on the
Company's operating results.

The Company currently is the subject of inquiries from both the United States
Securities and Exchange Commission and the Division of Securities of the State
of Georgia relating to certain information about the Company that was faxed and
e-mailed to members of the financial marketplace. The Company has responded to
each of these inquiries and believes that it has addressed the concerns of both
agencies.

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

No matters have been submitted to a vote of security holders since June 27,
2001; the date of the Company's merger with Anonymous Data Corporation.

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Market Information

The Company's Common Stock is traded on the OTC Bulletin Board under the symbol
"SHCC".

The range of high and low sale prices of the Company's Common Stock, as reported
on the OTC from January 1, 2001 through December 31, 2001 were $35.37 and $.011
respectively.

Holders. As of December 31, 2001, there were approximately 136 holders of record
of the shares.

Dividends. The Company has never declared or paid a dividend on its Common
Stock, and management expects that a substantial portion of the Company's
earnings, if any, for the foreseeable future will be used to expand loan
origination and servicing capabilities. The decision to pay dividends, if any,
in the future is within the discretion of the Board of Directors and will depend
upon the Company's earnings, its capital requirements, financial condition and
other relevant factors such as loan covenants or other contractual obligations.

Related Stockholder Matters

Mr. Brad Nordling the Company's president and principal stockholder expects to
enter into an agreement to sell all of his shares of common stock in the Company
to an unaffiliated third party. Mr. Nordling holds 432,551,000 shares
representing approximately 58% of the issued and outstanding shares of the
Company. This transaction is expected to close on or about April 12, 2002 and
will result in a change of control of the company. The consideration for the
asset transfer is Mr. Nordling's forgiveness of his loans to Company of
approximately $97,201.

The Company also expects to enter into an Asset Purchase Agreement with US
Alert, Inc., an Illinois corporation ("USAI"), which provides for USAI to
purchase substantially all of the assets and business of the Company. Mr.
Nordling is the president of both the Company and USAI. This transaction is
expected to close on or before April 12, 2002. If the asset purchase is
consummated, the Company will have no current business operations. It is
expected that USAI will operate the business of the Company on a private basis.

The Company also has been advised by counsel for the holder of a certain
$100,000 Convertible 10% Promissory Note issued by the Company that it is the
position of such holder that the Note is in default.

A portion of the consideration for Mr. Nordlings sale of his shares, is the
payment of this note by the purchaser of the shares.

Item 6.  Management's Discussion and Analysis on Plan of Operation

                             Management's Discussion
                                       And
                        Analysis of Results of Operations

ShareCom, Inc. ("SHCC"), is a Nevada corporation formerly known as Anonymous
Data, founded in 1996. SHCC is the successor to a corporation founded in 2001 by
Brad Nordling as ShareCom, Inc, an Illinois corporation. SHCC is an importer and
distributor, based in Palatine, IL, for a complete line of NOAA Weather Radio
products, CB Radios, and other 2-way radio products.

SHCC began operations in 1994 as a sole proprietorship named Shared Computer
Services. The business began with Local Area Network (LAN) installations and
upgrades. The Company also became involved in the design and development of
Internet web sites for various organizations. SHCC's first e-commerce web site,
2WayTalk.com, became operational in 1998 and has been generating revenue since
then. Subsequent web sites including WeatherRadios.com, CBRadios.com, and
WalkieTalkies.com have been generating revenues since 2000.

In July 2001, SHCC completed a reverse acquisition with Anonymous Data, Inc., a
public, reporting company founded in 1996. On the same date, Anonymous Data,
Inc. changed its name to ShareCom, Inc. and moved its headquarters to Palatine,
IL. The transaction was structured as a share exchange in which Brad Nordling
exchanged all of his shares in the privately held SHCC for 12,551,000 common
shares of Anonymous Data, Inc. The corporate relationships are the result of
transactions in 2001, through which SHCC became the reporting, trading,
development stage Nevada Corporation with shares publicly traded on the NASDAQ
Bulletin Board.

Results of Operations

                      For the Year Ended December 31, 2001
                  Compared to the Year Ended December 31, 2000.

Net revenues (principally from sales of weather radios and ancillary products)
for the year ended December 31, 2001 decreased from $380,835 to $250,283 (34%).
The reduction was principally the result of delays in the development and
manufacturing of SHCC's proprietary line of the weather radios during the fourth
quarter of 2001. In addition, their manufacturers discontinued two (2) of the
brands distributed by SHCC. The decrease is also the result of various product
promotions offered in an attempt to increase the volume.

The decrease in net revenues between the two years of $130,552 (34%) was
reflected in a reduction in gross profits, which decreased from $130,003 in 2000
to $16,786 in 2001, reflecting a net decrease of $113,217 (87%). The gross
profit margins reflect both the decrease in net revenues and increased product
costs from 3rd party manufacturers.

The decrease in net revenues as well as a $36,266,131 increase in total
operating expenses (consisting principally of the $36,160,510 in non-cash
compensation described below) from $120,368 in 2000 to $36,386,499 in 2001,
resulted in a loss from operations in 2001 of $36,369,713 compared to income
from operations in 2000 of $9,635. The increase in loss from operations for 2001
as compared to 2000 was $36,379,348.

During 2001, SHCC issued 550,000,000 common shares to Brad Nordling as
compensation for past services rendered to SHCC, and as compensation for Mr.
Nordling's personally guaranteeing certain debts of the company and for the
advancement of personal funds for working capital purposes. In addition, SHCC
issued 147,300,000 common shares as compensation to various consultants and
professionals. Under GAAP, SHCC is required to record these amounts as
compensation expense based on the market price of SHCC shares on the date of
issuance, net of any cash proceeds. As a result, SHCC recorded $36,160,510 in
non-cash compensation, which has been reflected as consulting fees (collectively
"Non-Cash Compensation").

The increase in operating costs also resulted from SHCC's status as a public
entity, which accounted for a $66,803 increase in amounts for professional fees
and a $12,216 aggregate increase in other general and administrative expenses
during 2001 as compared to 2000. In addition, SHCC experienced aggregate
increases of $12,542 for compensation to officers and in other compensation
related costs, rents, advertising and related items, principally in connection
with the expanded operating requirements.

Costs of Goods Sold

Cost of Goods sold (principally consisting of weather radios and ancillary
products) decreased from $250,832 in 2000 to $233,497 in 2001, which represents
a net decrease of $17,335 (7%). The decrease is primarily the result of the
decrease in net revenues as offset by increase in general product costs.

Selling, General and Administrative Expenses

Total selling, general and administrative expenses increased from $120,368 in
2000 to $36,386,449 in 2001, for an overall increase of $36,266,131. The
increase consisted principally of the $36,160,510 of non-cash compensations to
officers and consultants and other professionals, an increase in professional
fees from $8,295 in 2000 to $75,098 in 2001 (principally the result of expenses
related to SHCC's change to a publicly traded enterprise), an increase in salary
expense from $0 in 2000 to $12,542 in 2001 (the result of changing the status of
SHCC's three officers from independent contractors to salaried employees during
the fourth quarter), and an increase in other general and administrative
expenses from $27,588 in 2000 to $39,804 in 2001 (principally the result of
increase in expenses to accommodate the new public company status and
requirements, and the expanded staffing and overhead costs to accommodate the
sales and administrative personnel required to accommodate SHCC's future sales
plan and administration matters). The level of non-cash compensation, which was
reflected in 2001, is not expected to be a recurring item in future periods
because the funding requirements and organizational and planning issues
requiring outside consultants have generally been satisfied. SHCC anticipates
that other increases will moderate in future periods as management gains
experience overseeing a publicly held enterprise and is able to manage and
predict those costs and needs more effectively.

Interest Expense and Outstanding Loans

Interest expense increased from $1,569 in 2000 to $8,312 in 2001, for a net
increase of $6,743 (430%). The increase is principally the result of interest on
the convertible note payable in the amount of $100,000. The increase is also the
result of the interest on the Due to Officer loan. The principal balance on the
loan decreased from $55,989 in 2000 to $44,318 in 2001.

Liquidity and Capital Resources

The balance of cash and cash equivalents at December 31, 2001 was $68,688 which
was an increase of $68,400 from the balance at December 31, 2000 of $288. The
increase in cash was principally the result of collections of accounts
receivable of $32,208, proceeds from the issuance of a convertible note payable
of $100,000 and the proceeds from the exercise of various stock options of
$119,990, offset by net cash used in operating activities of $183,798. The
increase in cash and cash equivalents of $68,400 and the decrease in accounts
receivable of $46,208, which was the result of $32,208 in collection and a
write-off of $14,000 in accounts, together with an increase in prepaid expenses
of $3,635 and a decrease in inventory of $3,609, resulted in an increase in the
total current assets of $22,218 from December 31, 2000 to December 31, 2001.

Total current liabilities increased by $84,608 from December 31, 2000 to
December 31, 2001, principally the result of the issue of a convertible note
payable for $100,000 offset by a decrease in accounts payable and accrued
expenses of $3,721 and a decrease in the balance due to related party of
$11,671.

During the year ended December 31, 2001, SHCC issued 697,445,330 common shares,
of which 130,000,000 were issued upon the exercise of stock options. The
exercise of stock options resulted in cash proceeds of $119,990 and non-cash
compensation of $6,380,010 for a total increase in capital of $6,500,000. In
addition, 567,300,000 common shares were issued for services, which resulted in
non-cash compensation and an addition to capital of $29,780,500. In addition,
SHCC's principal shareholder contributed $11,000 in-kind for rent on the
company's office space. The cash proceeds received, together with the non-cash
compensation and the operating loss for the year after reduction for the
non-cash compensation of $217,349, resulted in a total stockholder's deficit of
$81,976 at December 31, 2001 compared to total stockholder's equity at December
31, 2000 of $4,383.

The additional capital received as cash was applied to meet working capital
requirements.

Management is currently pursuing various initiatives to expand SHCC's operations
internally and through strategic alliances or acquisitions with other industry
partners. These endeavors will require additional capital funding which SHCC
hopes to raise through debt or equity financing arrangements, if appropriate
financing is available, on reasonable and acceptable terms. SHCC intends to
continue to seek additional working capital to meet its operating requirements
and to provide further capital for expansion, acquisitions or strategic
alliances with businesses that are complementary to SHCC's long-term business
objectives.

Accounting Matters

The Financial Accounting Standards Board ("FASB") periodically issues accounting
standards, which may affect the financial accounting or disclosures of the
Company. There are no accounting standards that have been issued, but not yet
adopted by the

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Company, which would have a material effect on the financial position or results
of operation of the Company.

ITEM 7. FINANCIAL STATEMENTS

The financial statements and notes thereto, together with the report thereon of
Merdinger, Fruchter, Rosen & Corso (the Company's accountants) dated April __,
2002, included elsewhere in this report, are incorporated by reference in
answer to this Item 7.

ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE.

As disclosed in a Current Report on Form 8-K, dated July 25, 2001, the Company
changed accountants from Piercy, Bowler, Taylor and Kern to Merdinger, Fruchter,
Rosen and Corso of Los Angeles, California effective as of July 30, 2001. The
change related to the economics of the engagement and was not caused by a
disagreement with the prior accountants.

                                    PART III

ITEM 9. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

The following sets forth information, as of April 12, 2002, concerning the
Company's directors and executive officers:

Name                     Age       Position                      Since

Bradley M. Nordling      43        Chairman, CEO, President      July 2001
Michele Smith            50        Secretary, Treasurer          July 2001

Brad Nordling- Brad Founded ShareCom in 1994 as Shared Computer Services. Early
services offered included Local Area Network installations and upgrades. Web
site development started in late 1996 and online shopping through 2 Way Talk and
then WeatherRadios.com began in January 1999. Brad has been full-time at
ShareCom since October 1, 2000. Before that, he also held outside positions,
most recently at I-Jam Multimedia as Director of Information Technology. Brad
began there in July 1999, creating their e-commerce on line presence. Before
I-Jam, Brad was a Senior Developer for PowerCerv, an ERP Software producer.
Starting in April 1997, Brad was in charge of developing and implementing
customized systems for various corporate clients including Fiskars and Lutheran
Brotherhood. Prior to PowerCerv, Brad was a Senior Staff Programmer at a major
insurance company at the conclusion of his ten-year career there.

Michele Smith, Secretary/Treasurer. Michele started at ShareCom in March 2000
and holds a variety of responsibilities. She is in charge of all website
development and maintenance for the WeatherRadio.com site. In addition to all
her technical skills, she is in charge of all customer service at ShareCom. She
handles all customer follow-ups for order status inquires and product returns.
Michele's duties also include keeping all financial records for the company and
working with accountants for monthly and annual reconciliation. Prior to coming
to ShareCom, Michele was customer service specialist for

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Amercian Online. She began there in 1996, handling customer calls and monitoring
various chat rooms and message boards. She also managed the accounting for her
husband's own business.

There are no family relationships between any of the above persons.

ITEM 10. EXECUTIVE COMPENSATION

Mr. Nordling as president of the Company is not currently receiving a salary or
other compensation from the Company, and Ms. Michele Smith is currently earning
$3,000.00 per month.

OPTION GRANTS IN FISCAL YEAR 2000


                AGGREGATED OPTION EXERCISES IN FISCAL YEAR 2001
                     AND OPTION VALUES AT DECEMBER 31, 2001

The following table provides summary information concerning the shares of common
stock represented by outstanding stock options held by our Chief Executive
Officer and two other executive officers as of December 31, 2001.

                             Year-End Option Values

                           LONG-TERM INCENTIVE PLANS

As of Decemeber 31, 2001 there is no long-term incentive plan.

                              Director Compensation

Directors of the Company received no director compensation in 2001

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT


                                       9

<PAGE>

The following table sets forth certain information known to the Company with
respect to beneficial ownership of the Company's Common Stock as of April 12,
2002, by (1) each person known to the Company to beneficially own more than five
percent of the Company's Common Stock, (2) each Director, (3) the Named
Executive Officers, and (4) all Directors and executive officers as a group.
Unless otherwise indicated in the footnotes to the table, the beneficial owners
named have, to the knowledge of the Company, sole voting and investment power
with respect to the shares beneficially owned, subject to community property
laws where applicable. As of April 2, 2001 there were 746,360,761 shares
outstanding.

                                                                         Percent
                                           Number of Shares         Beneficially
Name of Beneficial Owner (1)             Beneficially Owned            Owned (1)
---------------------------              ------------------         ------------
Bradley M. Nordling                             432,551,000              57.95%
Michele Smith                                        49,000(1)

All directors and executive officers
as a group (5 persons)

--------------

(1) Less than 1.0%

--------------------------------------------------------------------------------
      COMPLIANCE WITH SECTION 16(a) OF THE SECURITIES EXCHANGE ACT OF 1934

Section 16(a) of the Securities Exchange Act of 1934, as amended, requires our
officers and directors, and persons who own more than 10% of a registered class
of our equity securities to file with the Securities and Exchange Commission
reports detailing their ownership of existing equity securities and changes in
such ownership. Officers, directors and greater than 10% stockholders are
required by the Securities and Exchange Commission regulations to furnish us
with copies of all filed Section 16(a) forms.

Based solely on review of the copies of such forms furnished to us, we believe
that all officers, directors and greater than 10% stockholders complied with the
filing requirements of Section 16(a).


                                       10

<PAGE>

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

                                    PART IV

ITEM 13. EXHIBITS, FINANCIAL STATEMENTS AND FINANCIAL STATEMENT SCHEDULES, AND
REPORTS ON FORM 8-K

Financial Statements and Financial Statement Schedules

Indexes to financial statements appear after the signature page to this Form
10-KSB.

                                       11

<PAGE>


                                   SIGNATURES

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

SHARECOM, INC.
(Registrant)

                             By: /s/ Brad Nordling
                                     Brad Nordling
                                     President

Date: April 11, 2002

<PAGE>


                                 SHARECOM, INC.

                              FINANCIAL STATEMENTS

                           DECEMBER 31, 2001 AND 2000



<PAGE>


                                 SHARECOM, INC.
                              FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000


                                      INDEX

                                                                          Page
                                                                         Number
                                                                         ------

Independent auditors' report                                                1

Balance sheets                                                              2

Statements of operations                                                    3

Statement of stockholders' equity (deficiency)                              4

Statements of cash flows                                                  5 - 6

Notes to financial statements                                            7 - 20



<PAGE>


                          INDEPENDENT AUDITORS' REPORT


TO THE BOARD OF DIRECTORS AND STOCKHOLDERS OF
SHARECOM, INC.

We have audited the accompanying balance sheets of ShareCom, Inc. as of December
31, 2001 and 2000, and the related statements of operations, stockholders'
equity (deficiency) and cash flows for the years then ended. Our responsibility
is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted
in the United States of America. Those standards require that we plan and
perform the audits to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of ShareCom, Inc. as of December
31, 2001 and 2000, and the results of its operations and its cash flows for the
years then ended in conformity with accounting principles generally accepted in
the United States of America.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note 9 to the
financial statements, the Company has incurred recurring losses and a negative
cash flow from operations, as well as a working capital deficit which raises
substantial doubt about its ability to continue as a going concern. Management's
plans concerning these matters are also discussed in Note 9. These financial
statements do not include any adjustments that might result from the outcome of
this uncertainty.

                          MERDINGER, FRUCHTER, ROSEN & CORSO, P.C.
                          Certified Public Accountants

Los Angeles, California
April 10, 2002


<PAGE>

                                 SHARECOM, INC.
                                 BALANCE SHEETS
<TABLE>
<CAPTION>

                                                                                                    December 31,
                                                                                        -----------------------------------
                                                                                              2001                2000
                                                                                        ----------------     --------------
<S>                                                                                      <C>                   <C>
       ASSETS
CURRENT ASSETS
   Cash and cash equivalents                                                            $         68,688    $           288
   Accounts receivable, net of allowance for
     doubtful accounts of $21,000 and $7,000                                                           -             46,208
   Prepaid expense                                                                                 3,635                  -
   Inventory                                                                                       8,635             12,244
                                                                                        ----------------    ---------------
         Total current assets                                                                     80,958             58,740

Property and equipment, net of accumulated
   depreciation of $20,208 and $7,115                                                             29,606             41,125

Intangible assets, net of accumulated amortization
   of $18,675 and $6,225                                                                          18,675             31,125
                                                                                        ----------------    ---------------

         TOTAL ASSETS                                                                   $        129,239    $       130,990
                                                                                        ================    ===============

         LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)
CURRENT LIABILITIES
     Accounts payable and accrued expenses                                              $         66,897             70,618
     Convertible note payable                                                                    100,000                  -
     Due to related party                                                                         44,318             55,989
                                                                                        ----------------    ---------------
         Total liabilities                                                                       211,215            126,607
                                                                                        ----------------    ---------------

Commitments and contingencies                                                                          -                  -

STOCKHOLDERS' EQUITY (DEFICIENCY)
   Common stock - .001 par value; 750,000,000 and
    100,000,000 shares authorized; 711,360,722 and
    14,000,000 shares issued and outstanding                                                     711,361             14,000
   Additional paid-in capital                                                                 35,604,139             10,000
   Accumulated deficit                                                                       (36,397,476)           (19,617)
                                                                                        ----------------    ---------------
         Total stockholders' equity (deficiency)                                                 (81,976)             4,383
                                                                                        ----------------    ---------------

         TOTAL LIABILITIES AND STOCKHOLDERS'
          EQUITY (DEFICIENCY)                                                           $        129,239    $       130,990
                                                                                        ================    ===============

</TABLE>


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

                                     - 2 -

<PAGE>

                                 SHARECOM, INC.
                            STATEMENTS OF OPERATIONS
<TABLE>
<CAPTION>

                                                                                                 For the Year Ended
                                                                                                    December 31,
                                                                                        -----------------------------------
                                                                                              2001                2000
                                                                                        ----------------    ---------------
<S>                                                                                   <C>                  <C>
REVENUE, net                                                                            $        250,283   $        380,835

COST OF GOODS SOLD                                                                               233,497            250,832
                                                                                        ----------------    ---------------

GROSS PROFIT                                                                                      16,786            130,003
                                                                                        ----------------    ---------------

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
   Consulting fees                                                                            36,160,510                  -
   Professional fees                                                                              75,098              8,295
   Domain fees                                                                                     2,490              2,429
   Outside services                                                                               27,958             27,187
   Insurance expense                                                                               1,637              1,873
   Bad debt expense                                                                               14,000              7,000
   Depreciation and amortization expense                                                          25,543             12,485
   Travel and entertainment expense                                                               12,107             14,605
   Rent expense                                                                                   12,975             12,000
   Advertising expense                                                                             1,835              6,906
   Salary expense                                                                                 12,542                  -
   Other general and administrative expenses                                                      39,804             27,588
                                                                                        ----------------    ---------------
     Total selling, general and administrative expenses                                       36,386,499            120,368
                                                                                        ----------------    ---------------

INCOME (LOSS) FROM OPERATIONS                                                                (36,369,713)             9,635

OTHER EXPENSES
   Interest income                                                                                   166                  -
   Interest expense                                                                               (8,312)            (1,569)
                                                                                        ----------------    ---------------
   Total other income expense                                                                     (8,146)            (1,569)
                                                                                        ----------------    ---------------

INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES                                              (36,377,859)             8,066

PROVISION FOR INCOME TAXES                                                                             -                  -
                                                                                        ----------------    ---------------

NET INCOME (LOSS)                                                                       $    (36,377,859)   $         8,066
                                                                                        ================    ===============

LOSS PER SHARE - basic and diluted                                                      $          (0.36)   $             -
                                                                                        ================    ===============

</TABLE>


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

                                     - 3 -

<PAGE>

                                 SHARECOM, INC.
                 STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIENCY)
                 FOR THE YEARS ENDED DECEMBER 31, 2001 AND 2000
<TABLE>
<CAPTION>





                                             Common Stock                 Additional
                                    --------------------------------       Paid-in         Accumulated
                                       Shares            Capital           Capital           Deficit             Total
                                    --------------    --------------   ----------------  -----------------  ---------------
<S>                                <C>              <C>              <C>                <C>               <C>
Balance, December 31, 1999
 (restated)                            14,000,000     $      14,000    $        (2,000)  $        (27,683)  $       (15,683)


Net income for the year ended
 December 31, 2000                              -                 -                  -              8,066             8,066

Capital contributions                           -                 -             12,000                  -            12,000
                                    -------------     -------------    ----------------  ----------------   ---------------

Balance, December 31, 2000             14,000,000            14,000             10,000            (19,617)            4,383

Acquisition of assets of
 Anonymous Data (restated for
 1 for 322 reverse stock split)            60,772                61                (61)                 -                 -

Issuance of common stock
 for services                         567,300,000           567,300         29,213,200                  -        29,780,500

Net loss for the year ended
 December 31, 2001                              -                 -                  -        (36,377,859)      (36,377,859)

Issuance of stock options                       -                 -          6,380,010                  -         6,380,010

Exercise of stock options             130,000,000           130,000            (10,010)                 -           119,990

Capital contributions                           -                 -             11,000                  -            11,000
                                    -------------     -------------    ---------------   ----------------   ---------------

Balance, December 31, 2001            711,360,722     $     711,361    $    35,604,139   $    (36,397,476)  $       (81,976)
                                    =============     =============    ===============   ================   ===============
</TABLE>




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

                                     - 4 -


<PAGE>

                                 SHARECOM, INC.
                            STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                                                 For the Year Ended
                                                                                                    December 31,
                                                                                        -----------------------------------
                                                                                              2001                2000
                                                                                        ----------------    ---------------
<S>                                                                                   <C>                <C>
CASH FLOW FROM OPERATING ACTIVITIES
     Net income (loss)                                                                  $    (36,377,859)   $         8,066
     Adjustments to reconcile net loss to net cash
       (used in) provided by operating activities:
         Depreciation and amortization expense                                                    25,543             12,485
         Common stock issued for services                                                     29,780,500                  -
         Issuance of stock options for services                                                6,380,010                  -
         Bad debt expense                                                                         14,000              7,000
         Rent expense                                                                             11,000             12,000
   Changes in certain assets and liabilities:
     (Increase) decrease in accounts receivable                                                   32,208            (53,208)
     (Increase) decrease in inventory                                                              3,609            (12,244)
     Increase in other assets                                                                     (3,635)                 -
     Increase (decrease) in accounts payable and accrued expenses                                 (3,721)            56,118
                                                                                        ----------------    ---------------
Total cash provided by (used in) operating activities                                           (138,345)            30,217
                                                                                        ----------------    ---------------

CASH FLOWS FROM INVESTING ACTIVITIES
     Increase in property and equipment                                                           (1,574)           (39,690)
     Increase in intangible assets                                                                     -            (37,350)
                                                                                        ----------------    ---------------
Total cash used in investing activities                                                           (1,574)           (77,040)
                                                                                        ----------------    ---------------

CASH FLOWS FROM FINANCING ACTIVITIES
     Proceeds from note payable                                                                  100,000                  -
     Increase (decrease) in due to related party                                                 (11,671)            43,507
     Exercise of stock options                                                                   119,990                  -
                                                                                        ----------------    ---------------
Total cash (used in) provided by financing activities                                            208,319             43,507
                                                                                        ----------------    ---------------

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                                              68,400             (3,316)

CASH AND CASH EQUIVALENTS - BEGINNING OF YEAR                                                        288              3,604
                                                                                        ----------------    ---------------

CASH AND CASH EQUIVALENTS - END OF YEAR                                                 $         68,688    $           288
                                                                                        ================    ===============

CASH PAID DURING THE YEAR FOR:
     Interest expense                                                                   $              -    $             -
                                                                                        ================    ===============
     Income taxes                                                                       $              -    $             -
                                                                                        ================    ===============
</TABLE>



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

                                     - 5 -

<PAGE>

                                 SHARECOM, INC.
                      STATEMENTS OF CASH FLOWS (Continued)
                 FOR THE YEARS ENDED DECEMBER 31, 2001 AND 2000




NON-CASH FINANCING ACTIVITIES:

..    During the year ended December 31, 2001, the Company issued 130,000,000
     options to purchase the Company's common stock at $0.000923 per common
     share. These options were converted during the year. The Company incurred
     $6,380,010 consulting expense relating to the options (see Note 7 - Stock
     Options).

..    During the year ended December 31, 2001, the Company issued 2,300,000
     shares to consultants for services totaling $2,048,000 (see Note 7 - Common
     Stock Issuance).

..    During the year ended December 31, 2001, the Company issued 15,000,000
     shares to consultants for services valued at $232,500 (see Note 7 - Common
     Stock Issuance).

..    During the year ended December 31, 2001, the Company issued 550,000,000
     shares of the Company's restricted common stock to its president valued at
     $27,500,000 for services (see Notes 3 and 7 - Common Stock Issuance).

..    During the year ended December 31, 2001, the Company entered into a public
     shell merger (see Notes 1 and 3).

..    During the years ended December 31, 2001 and 2000, the Company had $11,000
     and $12,000, respectively, of rent expense contributed by a Shareholder of
     the Company (see Note 3).











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

                                     - 6 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 1 -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

          Nature of Operations
          --------------------
          The accompanying financial statements include the accounts of
          ShareCom, Inc., formerly known as Anonymous Data Corporation.

          Pursuant to an Acquisition Agreement and Plan of Merger (the "Merger
          Agreement") dated as of June 27, 2001 between Anonymous Data
          Corporation ("ANYD"), a Nevada corporation, and ShareCom, Inc. (the
          "Company" or "ShareCom"), an Illinois corporation organized on June 7,
          2000, all the outstanding shares of common stock of ShareCom were
          exchanged for 14,000,000 shares of 144 restricted common stock of ANYD
          in a transaction in which ANYD was the legal surviving entity (see
          Note 2 for reorganization). As a result, Sharecom's former
          shareholders obtained control of ANYD; therefore, this acquisition has
          been treated as a recapitalization of Sharcom for accounting purposes.

          Pursuant to the terms of the merger agreement, ANYD changed its name
          to ShareCom, Inc. and authorized a 1 for 322 reverse stock split (ie.
          current ANYD stockholders received 1 share for every 322 shares they
          held). Additionally, ANYD changed its trading symbol to "SHCC".

          The financial statements presented only include the accounts of
          ShareCom, and the accounts of 2 Way Talk, an unincorporated business,
          which Sharecom previously operated under from January 1, 1999 to June
          6, 2000.

          Line of Business
          ----------------
          The Company is an Internet e-commerce company selling electronic
          products to end consumers through its 2WayTalk.com web site and its
          WeatherRadios.com website.

          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 revenue and expenses during the periods presented.
          Actual results could differ from those estimates.

          Revenue Recognition
          -------------------
          Revenue is recognized based upon the accrual method of accounting.
          Revenue is recorded at the time of the sale, usually upon shipment of
          the product.

                                     - 7 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 1 -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

          Cash and Cash Equivalents
          -------------------------
          The Company considers all highly liquid investments purchased with
          original maturities of three months or less to be cash equivalents.

          Concentration of Credit Risk
          ----------------------------
          The Company places its cash in what it believes to be credit-worthy
          financial institutions. However, cash balances may exceed FDIC insured
          levels at various times during the year.

          Inventory
          ---------
          Inventory is stated at the lower of cost or market utilizing the
          first-in, first-out method ("FIFO"). Inventory consists mainly of
          finished goods.

          Property and Equipment
          ----------------------
          Property and equipment is stated at cost. Depreciation is computed
          using the straight-line method based upon the estimated useful lives
          of the various classes of assets. Maintenance and repairs are charged
          to expense as incurred.

          Intangible Assets
          -----------------
          Intangible assets consist of the Company's costs for the purchase of
          its domain names. The costs are being amortized over their estimated
          useful lives of three years.

          The Company periodically reviews the recoverability of the asset in
          accordance with Statement of Financial Accounting Standards ("SFAS")
          No. 121, "Accounting for the Impairment of Long-Lived Assets and
          Assets to be Disposed of". The Company believes the assets are fully
          recoverable at December 31, 2001.

          Income Taxes
          ------------
          Income taxes are provided for based on the liability method of
          accounting pursuant to SFAS No. 109, "Accounting for Income Taxes".
          The liability method requires the recognition of deferred tax assets
          and liabilities for the expected future tax consequences of temporary
          differences between the reported amount of assets and liabilities and
          their tax basis.

          Advertising Costs
          -----------------
          Advertising costs are expensed as incurred and included in selling,
          general and administrative expenses. For the years ended December 31,
          2001 and 2000, advertising expense amounted to $1,835 and $6,906,
          respectively.

                                     - 8 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 1 -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

          Fair Value of Financial Instruments
          -----------------------------------
          The Company's financial instruments consist of cash, accounts
          receivable, inventory, accounts payable and accrued expenses. The
          carrying amounts of cash, accounts receivable and accounts payable and
          accrued expenses approximate fair value due to the highly liquid
          nature of these short-term instruments.

          Long-Lived Assets
          -----------------
          SFAS No. 121, "Accounting for the Impairment of Long-Lived Assets and
          for Long-Lived Assets to be Disposed of" requires that long-lived
          assets be reviewed for impairment whenever events or changes in
          circumstances indicate that the carrying amount of an asset may not be
          recoverable. The Company has adopted this statement and has determined
          that recognition of an impairment loss for applicable assets of
          continuing operations is not necessary.

          Stock-Based Compensation
          ------------------------
          The Company has adopted the intrinsic value method of accounting for
          stock-based compensation in accordance with Accounting Principles
          Board Opinion No. 25, "Accounting for Stock Issued to Employees", and
          related interpretations. The Company has adopted only the disclosure
          provisions for SFAS No. 123, "Accounting for Stock-Based
          Compensation," for equity instruments issued to employees. The Company
          applies all of the provisions of SFAS No. 123 to equity instruments
          issued to other than employees.

          Loss Per Share
          --------------
          SFAS No. 128, "Earnings Per Share" requires presentation of basic loss
          per share ("Basic LPS") and diluted loss per share ("Diluted LPS").
          The computation of basic loss per share is computed by dividing loss
          available to common stockholders by the weighted-average number of
          outstanding common shares during the period. Diluted LPS gives effect
          to all dilutive potential common shares outstanding and all shares
          held in treasury during the period. The computation of diluted LPS
          does not assume conversion, exercise or contingent exercise of
          securities that would have an anti-dilutive effect on losses.

          The shares used in the computation of loss per share were as follows:

                                                           December 31,
                                                  --------------------------
                                                      2001            2000
                                                  -----------     ----------
          Basic and diluted                       100,551,000     14,000,000
                                                  ===========     ==========




                                     - 9 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 1 -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

          Comprehensive Income
          --------------------
          SFAS No. 130, "Reporting Comprehensive Income" establishes standards
          for the reporting and display of comprehensive income and its
          components in the financial statements. As of December 31, 2001 and
          2000, the Company has no items that represent comprehensive income
          and, therefore, has not included a schedule of comprehensive income in
          the financial statements.

          Segment Disclosure
          ------------------
          SFAS No. 131, "Disclosure about Segments of an Enterprise and Related
          Information" changes the way public companies report information about
          segments. SFAS No. 131, which is based on the selected segment
          information, requires quarterly and entity-wide disclosures about
          products and services, major customers, and the material countries in
          which the entity holds assets and reports revenues. The Company has
          adopted SFAS No. 131 and determined they only have one reportable
          segment.

          Computer Software Costs
          -----------------------
          The American Institute of Certified Public Accountants' Executive
          Committee issued Statement of Position Number 98-1 (SOP 98-1),
          "Accounting for the Cost of Computer Software Developed or Obtained
          for Internal Use". SOP 98-1 is effective for fiscal years beginning
          after December 15, 1998. The Company has adopted SOP 98-1 as of
          January 1, 1999.

          Recent Accounting Pronouncements
          --------------------------------
          On June 29, 2001, SFAS No. 141, "Business Combinations", was approved
          by the Financial Accounting Standards Board ("FASB"). SFAS 141
          requires that the purchase method of accounting be used for all
          business combinations initiated after June 30, 2001. Goodwill and
          certain intangible assets will remain on the balance sheet and not be
          amortized. On an annual basis, and when there is reason to suspect
          that their values have been diminished or impaired, these assets must
          be tested for impairment, and write-downs may be necessary. The
          Company is required to implement SFAS No. 141 on January 1, 2002 and
          it has not determined the impact, if any, that this statement will
          have on its consolidated financial position or results of operations.

                                     - 10 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 1 -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

          Recent Accounting Pronouncements (continued)
          --------------------------------------------
          On June 29, 2001, SFAS No. 142, "Goodwill and Other Intangible
          Assets", was approved by the FASB. SFAS No. 142 changes the accounting
          for goodwill from an amortization method to an impairment-only
          approach. Amortization of goodwill, including goodwill recorded in
          past business combinations, will cease upon adoption of this
          statement. The Company is required to implement SFAS No. 142 on
          January 1, 2002 and it has not determined that impact, if any, that
          this statement will have on its consolidated financial position or
          results of operations

          During August 2001, SFAS No. 143, "Accounting for Asset Retirement
          Obligation" was issued. SFAS No. 143 is effective for fiscal years
          beginning after June 15, 2002, and will require companies to record a
          liability for asset retirement obligations in the period in which they
          are incurred, which typically could be upon completion or shortly
          thereafter. The FASB decided to limit the scope to legal obligation
          and the liability will be recorded at fair value. The effect of
          adoption of this standard on Company's results of operations and
          financial position is being evaluated.

          During October 2001, SFAS No. 144. "Accounting for the Impairment or
          Disposal of Long-Lived Assets" was issued. SFAS No. 144 is effective
          for fiscal years beginning December 15, 2001. It provides a single
          accounting model for long-lived assets to be disposed of and replaces
          SFAS No. 121 "Accounting for the Impairment of Long-Lived Assets and
          Long-Lived Assets to be Disposed of." The effect of adoption of this
          standard on Company's results of operations and financial positions is
          being evaluated.

NOTE 2 -  REORGANIZATION AND MERGER

          On June 27, 2001, ANYD entered into an agreement and plan of merger,
          subsequently approved by their shareholders on July 25, 2001. This
          merger agreement provided that the Company would be merged into
          Sharecom and that ANYD would be the surviving entity. ANYD had no
          assets or liabilities as of the date of the merger. In connection with
          the merger transaction, the shareholders of Sharecom received:
          14,000,000 shares of ANYD's common stock for 100% of the common stock
          of Sharecom.

                                     - 11 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 2 -  REORGANIZATION AND MERGER (Continued)

          This merger transaction has been accounted for in the financial
          statements as a public shell merger. As a result of this transaction,
          the former shareholders of ShareCom acquired or exercised control over
          a majority of the shares of ANYD. Accordingly, the transaction has
          been treated for accounting purposes as a recapitalization of ShareCom
          and, therefore, these financial statements represent a continuation of
          the legal entity, ShareCom, not ANYD, the legal survivor. Because the
          historical financial statements are presented in this manner, proforma
          financial statements are not required.

          In accounting for this transaction:

               i)   ShareCom is deemed to be the purchaser and surviving company
                    for accounting purposes. Accordingly, its net assets are
                    included in the balance sheet at their historical book
                    values;

               ii)  Control of the net assets and business of ANYD was acquired
                    effective June 27, 2001. This transaction has been accounted
                    for as a purchase of the assets and liabilities of ANYD by
                    ShareCom which were valued at $-0-.

NOTE 3 -  RELATED PARTY TRANSACTIONS

          The Company has related party transactions with several officers,
          directors and other related parties.

          a)   Office and Administrative Expense
               ---------------------------------
               For the years ending December 31, 2001 and 2000, a stockholder
               provided office services for $1,000 per month through November
               30, 2001. This agreement was in place for the year ended December
               31, 2000. The cost of these office services, totaling $11,000 and
               $12,000 at December 31, 2001 and 2000, respectively, have been
               recorded in the statement of operations, with a corresponding
               contribution to capital.

          b)   Due to Related Parties
               ----------------------
               As of December 31, 2001 and 2000, the Company has a payable due
               to an officer totaling $44,318 and $55,989, respectively. These
               amounts represent advances made to the Company by its Chief
               Executive Officer ("CEO") for various expenses. This payable
               bears interest at the rate of 5% per annum.

                                     - 12 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 3 -  RELATED PARTY TRANSACTIONS (Continued)

          c)   Stock Issuances
               ---------------
               During the year ended December 31, 2001, the Company issued
               550,000,000 shares of its restricted common stock valued at
               $27,5000,000 to its majority shareholder for services performed
               (see Note 7 for other stock issuances).

NOTE 4 -  PROPERTY AND EQUIPMENT

          Property and equipment is summarized as follows:
<TABLE>
<CAPTION>

                                                                       December 31,
                                                            -----------------------------------
                                                                  2001                2000
                                                            ----------------    ---------------
        <S>                                               <C>                 <C>
          Computer hardware and equipment                   $         23,580    $        23,580
          Computer software                                           24,660             24,660
          Furniture and equipment                                      1,574                  -
                                                            ----------------    ---------------
                                                                      49,814             48,240
          Less:  Accumulated depreciation                            (20,208)            (7,115)
                                                            ----------------    ---------------
          Property and equipment, net                       $         29,606    $        41,125
                                                            ================    ===============
</TABLE>

          Depreciation expense for the years ended December 31, 2001 and 2000
          was $13,093 and $7,115, respectively.

NOTE 5 -  CONVERTIBLE NOTE PAYABLE

          On October 12, 2001, the Company executed a 10% Convertible Promissory
          Note ("Promissory Note") in the sum of $100,000. According to the
          terms of the Promissory Note, interest on the unpaid principal balance
          shall accrue at the rate of 10% per annum compounded monthly, and
          shall be payable monthly on the first of each month beginning on
          November 1, 2001 and continuing through January 1, 2002. Thereafter,
          said principal and interest shall be repaid over a three year period
          in equal consecutive monthly installments with the first monthly
          installment of $3,226.72 due on February 1, 2002 and monthly
          installments due on the first day of each month thereafter, with the
          entire unpaid balance due and payable on or before January 1, 2003.
          The Company has no right of prepayment of the Promissory Note.

                                     - 13 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 5 -  CONVERTIBLE NOTE PAYABLE (Continued)

          The Promissory Note may be converted into Common Stock of the Company,
          in whole or in part, at any time prior to the maturity date (January
          1, 2003). The Promissory Note is convertible into the number of shares
          of Common Stock that represents a 10% ownership of the common stock of
          the Company that is issued and outstanding as of the date of
          conversion multiplied by a fraction, the numerator of which shall be
          the outstanding principal balance and all accrued and unpaid interest
          on the Note which is intended to be converted and the denominator of
          which shall be $100,000 provided however, any shares of Common Stock
          sold after the date hereof at a consideration of at least $0.15 per
          share shall not be deemed to be issued and outstanding for purposes of
          this calculation.

          In addition to the terms set forth above, the Company agreed to
          Certain Covenants of which some are described below:

          Certain Covenants
          -----------------

          The Company covenants and agrees that, so long as this Note remains
          outstanding and unpaid, in whole or in part, the Company:

          a)   shall permit her designee from time to time to attend the
               Company's Board of Director's meetings in a non-voting capacity;

          b)   shall not take any action to cause any amendment, alteration or
               repeal of any of the provisions of (A) the Certificate of
               Incorporation or (B) the By-Laws, in any respect which directly
               or indirectly adversely affects the rights of the holder;

          c)   shall not authorize, create or issue any additional shares of
               capital stock or rights, options, warrants or other securities
               convertible into or exercisable or exchangeable for capital stock
               without the prior written consent of the holder which consent may
               be withheld in the sole and absolute discretion of the holder,
               provided however, the Company may sell additional shares of its
               common stock at a minimum of $0.08 per share without the prior
               consent of the holder;

          d)   shall neither increase the salaries of any employee of the
               Company nor pay to any employee accrued, but unpaid compensation
               (notwithstanding the foregoing, the Company may pay to any
               employee the compensation then due for services actually rendered
               after the date of this Note);

                                     - 14 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 5 -  CONVERTIBLE NOTE PAYABLE (Continued)

          Certain Covenants (continued)
          -----------------------------
          e)   shall promptly upon the occurrence of a condition or event which
               is, to the best knowledge and belief of the Company's President,
               an Event of Default or of any condition or event which, with
               notice or lapse of time or both, would constitute, to the best
               knowledge and belief of the Company's President, an Event of
               Default, furnish a statement of the Company and of the Company's
               President to the holder setting forth the details of such Event
               of Default or condition or event and the action which the Company
               intends to take with respect thereto.

          Defaults
          --------
          a)   any failure to pay when due any principal hereof or interest
               hereon, or any breach by the Company of any of its other
               obligations or covenants under this note, provided that the
               Company shall have ten days from the date of receipt of any
               notice of its failure to perform any of its other obligations or
               covenants under this Note not involving the payment of money to
               holder within which to cure said failure (in which case it shall
               not be an Event of Default) or

          b)   the Company (A) becomes insolvent or admits in writing its
               inability to pay its debts as they mature, (B) makes any
               assignment for the benefit of creditors, or (C) applies for or
               consents to the appointment of a receiver or trustee for the
               Company or for a substantial part of the Company's property or
               business, or a receiver or trustee otherwise is appointed (for
               purposes of this subsection, the Company shall be deemed
               "insolvent" if it is unable to pay its debts as they come due);
               or

          c)   any bankruptcy, insolvency, reorganization or liquidation
               proceeding or other proceeding for relief under any bankruptcy
               law or any law for the relief of debtors is instituted by or
               against the Company and if instituted against the Company, shall
               not have been dismissed within 60 days of being instituted; or

          d)   any money judgement, lien, writ or warrant of attachment, or
               similar process is entered or filed against the Company or any of
               the assets of the Corporation and remains unvacated, unbounded,
               unstayed, undismissed or undischarged for a period of 15 days.

                                     - 15 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 5 -  CONVERTIBLE NOTE PAYABLE (Continued)

          Remedies
          --------
          Upon the occurrence and during the continuance of an Event of Default
          described above, the holder, at her option, may:

          a)   declare all indebtedness under this Note immediately due and
               payable and credit any sums received thereafter to such
               indebtedness in whatever priority she shall elect; provided
               however, that such application of sums so received shall not
               serve to waive or cure any default existing under this Note nor
               to invalidate any notice of default or any act done pursuant to
               such notice and shall not prejudice any rights of holder; and

          b)   declare that from and after the date of such Event of Default the
               interest rate shall be 18% per annum, compounded annually, so
               long as any portion of the principal and interest due on the Note
               remains unpaid; and

          c)   exercise any or all rights provided or permitted by law or
               granted pursuant to this Note in such order and in such manner as
               the holder may, in sold judgement, determine, including without
               limiting her continuing right to convert this Note to common
               stock.

          The Company is in violation of various of the above Covenants (see
          Note 10).

NOTE 6 -  COMMITMENTS AND CONTINGENCIES

          The Company rents space under an operating lease entered into on
          December 1, 2001. The Company's future minimum annual aggregate rental
          payments for office space required under operating leases that have
          initial or remaining non-cancelable lease terms in excess of one year
          are as follows:

                           2001                          $     23,779
                           2002                                22,594
                                                        -------------
                                                         $     46,373

          Rent expense under operating leases for the years ended December 31,
          2001 and 2000, was $12,975 and $12,000, respectively (see Note 2).

                                     - 16 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 6 -  COMMITMENTS AND CONTINGENCIES (Continued)

          Consulting Agreements
          ---------------------
          On November 13, 2001, the Company entered into two consulting
          agreements to render various business services to the Company. Each
          agreement is for a term of 13 months, ending on December 31, 2002. As
          compensation, the Company granted each consultant the option to
          purchase 65,000,000 shares of the Company's common stock at an
          exercise price of $0.000923 per share, which expires on November 30,
          2005 (see Note 7 - Stock Options). The value of the options as of the
          grant date was $6,380,010.

NOTE 7 -  STOCKHOLDERS' EQUITY

          Authorized Common Stock
          -----------------------
          The aggregate number of shares of common stock that the Company has
          authority to issue is 750,000,000 shares at a par value of $0.01 as of
          December 31, 2001. During the year ended December 31, 2001, the
          Company increased its authorized shares from 100,000,000 to the
          current 750,000,000.

          Merger
          ------
          Pursuant to the Merger Agreement dated as of June 27, 2001 between
          ANYD and ShareCom, all the outstanding shares of common stock of
          ShareCom were exchanged for 14,000,000 shares of the Company (see
          Notes 1 and 2). Pursuant to the terms of the Merger Agreement, ANYD
          authorized a 1 for 322 reverse stock split before the issuance of the
          14,000,000 shares.

          Common Stock Issuances
          ----------------------
          The Company retained the services of various individuals and entities
          for purposes of assisting ShareCom in its corporate and product
          development, in addition to legal fees to cover costs and expenses
          prior to its obtaining sufficient capital for operations. These
          individuals received 2,000,000 shares of the Company's common stock as
          compensation in consideration for their executing long-term
          agreements. The shares were registered pursuant to an S-8 registration
          filed on August 7, 2001, and the Company has recognized compensation
          expense totaling $2,000,000.

          On November 13, 2001, the Company issued 130,000,000 options at
          $0.000923 to consultants. On November 20, 2001, these options were
          exercised, and $6,500,000 of consulting expense was recognized during
          the year (see Note 7 - Stock Options).

                                     - 17 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 7 -  STOCKHOLDERS' EQUITY (Continued)

          Common Stock Issuances (continued)
          ----------------------------------
          On October 17, 2001, the Company issued 300,000 shares of the
          Company's common stock to consultants valued at $48,000.

          On November 20, 2001, the Company issued 550,000,000 shares of the
          Company's restricted common stock to its CEO and principal shareholder
          in lieu of compensation for $27,500,000.

          On December 12, 2001, the Company issued 15,000,000 shares of the
          Company's common stock to a consultant valued at $232,500.

          Stock Options
          -------------
          On November 13, 2001, the Company issued 130,000,000 options to
          purchase shares of the Company's common stock at an exercise price of
          $0.000923 per share in relation to a consulting agreement. The Company
          recognized an expense totaling $6,380,010 relating to the issuance. On
          November 20, 2001, these options were exercised for $119,990.

NOTE 8 -  INCOME TAXES

          The components of the provision for income taxes are as follows:

<TABLE>
<CAPTION>


                                                                                                    December 31,
                                                                                        -----------------------------------
                                                                                              2001                2000
                                                                                        ----------------    ---------------
<S>                                                                                   <C>                <C>
                  Current Tax Expense

                      U.S. Federal                                                      $              -    $             -
                      State and Local                                                                  -                  -
                                                                                        ----------------    ---------------
                  Total Current                                                                        -                  -
                                                                                        ----------------    ---------------

                  Deferred Tax Expense

                      U.S. Federal                                                                     -                  -
                      State and Local                                                                  -                  -
                                                                                        ----------------    ---------------
                  Total Deferred                                                                       -                  -
                                                                                        ----------------    ---------------

                  Total Tax Provision (Benefit) from

                    Continuing Operations                                               $              -    $             -
                                                                                        ================    ===============
</TABLE>





                                     - 18 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 8 -  INCOME TAXES (Continued)

          The reconciliation of the effective income tax rate to the Federal
          statutory rate is as follows for the years ended December 31, 2001 and
          2000:

          Federal Income Tax Rate                 (34.0)%
          Effect of Valuation Allowance            34.0%
                                            -----------
          Effective Income Tax Rate                 0.0%
                                            ===========

          At December 31, 2001 and 2000, the Company had net carryforward losses
          of approximately $36,397,476 and $19,617, respectively. Because of the
          current uncertainty of realizing the benefit of the tax carryforwards,
          a valuation allowance equal to the tax benefit for deferred taxes has
          been established. The full realization of the tax benefit associated
          with the carryforwards depends predominantly upon the Company's
          ability to generate taxable income during the carryforward period.

          Deferred tax assets and liabilities reflect the net tax effect of
          temporary differences between the carrying amount of assets and
          liabilities for financial reporting purposes and amounts used for
          income tax purposes. Significant components of the Company's deferred
          tax assets and liabilities are as follows:

<TABLE>
<CAPTION>

                                                                                           December 31,
                                                                                -----------------------------------
                                                                                      2001                2000
                                                                                ----------------    ---------------
        <S>                                                                   <C>                 <C>
          Deferred Tax Assets

              Loss Carryforwards                                                $     12,375,000    $         6,500
              Less:  Valuation Allowance                                             (12,375,000)            (6,500)
                                                                                ----------------    ---------------
          Net Deferred Tax Assets                                               $              -    $             -
                                                                                ================    ===============
</TABLE>


          Net operating loss carryforwards expire starting in 2007 through 2020.
          Per year availability is subject to change of ownership limitations
          under Internal Revenue Code Section 382.

NOTE 9 -  GOING CONCERN

          The accompanying financial statements have been prepared in conformity
          with accounting principles generally accepted in the United States of
          America, which contemplate continuation of the Company as a going
          concern. As of December 31, 2001,the Company has a working capital
          deficit of $130,257 and has incurred a substantial loss for the year
          ended December 31, 2001 totaling $36,377,859.

                                     - 19 -

<PAGE>

                                 SHARECOM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2001 AND 2000



NOTE 9 -  GOING CONCERN (Continued)

          These factors raise substantial doubt about the Company's ability to
          continue as a going concern. Management has begun taking the following
          actions to improve their financial condition:

          a)   the Company is seeking additional equity financing. There can be
               no assurances that sufficient financing will be available on
               terms acceptable to the Company or at all.

          b)   the Company is seeking possible merger and acquisition
               candidates.

          Management believes that actions presently being taken to revise the
          Company's operating and financial requirements provide the opportunity
          for the Company to continue as a going concern.

NOTE 10 - SUBSEQUENT EVENTS

          a)   On March 6, 2002, the noteholder informed the Company that due to
               the violation of the covenants, the Note is in default and
               interest should accrue at the default rate of 18% (see Note 5).

          b)   On January 4, 2002, the Company issued 35,000,000 options to
               purchase common stock at an exercise price of $0.003 per share
               relating to a consulting agreement. These options were
               subsequently exercised.

          c)   Subsequent to December 31, 2001, the Company became the subject
               of inquiries from both the United States Securities and Exchange
               Commission and the Division of Securities of the State of Georgia
               relating to certain information about the Company that was faxed
               and e-mailed by the Company's public relations firm to members of
               the financial marketplace. The Company has responded to each of
               these inquiries and believes that it has addressed the concerns
               of both agencies.

                                     - 20 -