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 September 30, 2001

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

      For the transition period from ........... to ...........
                   Commission file number 333-51302

        STAMPEDE WORLDWIDE, INC.(Formerly CHRONICLE COMMUNICATIONS, INC.)
             (Name of small business issuer in its charter)

                                FLORIDA
     (State or other jurisdiction of incorporation or organization)

                              58-2235301
                (I.R.S. Employer Identification No.)

                3910 Riga Boulevard, Tampa, Florida 33619
           (Address of principal executive offices) (Zip Code)

                            (813) 630-2762
                        Issuer's telephone number

Securities registered under Section 12(b) of the Exchange Act:

Title of each class:  NONE

Name of each exchange on which registered:  NOT APPLICABLE

Securities registered under Section 12(g) of the Exchange Act:

Title of class:  Common Stock.

Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months and (2)
has been subject to such filing requirements for the past 90 days. Yes
 ... No X

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. $1,581,982

ISSUERS INVOLVED IN BANKRUTCY PROCEEDINGS DURING THE LAST 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

State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date:  2,713,594* shares at
January 10, 2002

*Adjusted for the share combination pursuant to a court order under
the plan of reorganization.  In addition to shares outstanding, the Plan of
Reorganization approves the issuance of a total of 3,000,000 shares to
unsecured creditors and 500,000 to preferred stockholders.


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 list documents should be clearly
described for identification purposes (e.g., annual report to security
holders for fiscal year ended December 24, 1990).

NONE

Transitional Small Business Disclosure Format (check one):   Yes  No X

                      FORWARD-LOOKING STATEMENTS

This annual report contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and Section 27A of the Securities Act of 1933, as amended, and
is subject to the safe harbors created by those sections. These forward-
looking statements are subject to significant risks and uncertainties,
including information included under Parts I and II of this annual
report, which may cause actual results to differ materially from those
discussed in such forward-looking statements. The forward-looking
statements within this annual report are identified by words such as
"believes", "anticipates", "expects", "intends", "may", "will" and other
similar expressions regarding the Company's intent, belief and current
expectations. However, these words are not the exclusive means of
identifying such statements. In addition, any statements which refer to
expectations, projections or other characterizations of future events or
circumstances and statements made in the future tense are forward-looking
statements. Readers are cautioned that actual results may differ
materially from those projected in the forward looking statements as a
result of various factors, many of which are beyond the control of the
Company. The Company undertakes no obligation to publicly release the
results of any revisions to these forward-looking statements which may be
made to reflect events or circumstances occurring subsequent to the
filing of this annual with the SEC. Readers are urged to carefully review
and consider the various disclosures made by the Company in this annual
report.

PART I

Item 1.  Description of Business.

Stampede Worldwide, Inc., (the "Company") was incorporated in Georgia on
April 5, 1996, under the name of JMAR Communications, Inc., and changed its
name to Chronicle Communications, Inc., effective July 30, 1997.  The Georgia
company merged into its newly incorporated, wholly owned Florida subsidiary
on February 2, 2000 for the sole purpose of changing the Company's state of
incorporation to Florida from Georgia.  On April 14, 2000, the Company
changed its name to Stampede Worldwide, Inc.

The Company's founder is John V. Whitman, Jr., the Company's president and
chairman.  The Company was organized for the purpose of establishing and
operating a shopper style tabloid newspaper in the Crisp County, Georgia
market area which included several contiguous counties.  The Company later
expanded operations to include a second shopper style tabloid newspaper,
including community news features, serving the Grady County, Georgia market
area which included several contiguous counties.  Subsequently, the Company
added a two-edition broadsheet (full sized) Sunday newspaper serving those
markets, with a full membership in the Associated Press.  In February 1998,
the Company terminated publication of the Sunday newspapers.  In February
1999, the Company terminated publication of all shopper style tabloid
newspapers and became a holding company with its operations located entirely
in its subsidiary companies.

On April 6, 2001, Stampede Worldwide, Inc. (the Debtor) filed a
petition for relief under Chapter 11 of the federal bankruptcy laws
in the United States Bankruptcy Court for the Middle District of
Florida, Tampa Division, Case No. 01-06240-8G1.  Management
determined the filing was necessary due to the Company's insolvency,
the collapse of its Internet information technology subsidiaries and
computer resale businesses and the issuance of unauthorized common
stock.  On November 9, 2001, the U.S. Bankruptcy Court for the Middle District
of Florida, Tampa Division, entered its order confirming Stampede's Plan of
Reorganization in Case No. 01-06240-8G1.  For a further discussion of this
matter, see Item 3 Legal Proceedings.

The Company, through its subsidiaries had hosted a network of services
including e-business solutions, hardware and software productivity solutions,
custom IT training, premium technology staffing, and dynamic commercial
printing expertise.

Internet and software solutions:

The Company, through its Stampede Network.com subsidiary, had provided a full
range of Internet solutions, including creation, planning and design of Web
sites, intranets, extranets and Web enabled application software for customers.
The Company's services enable its customers to more effectively utilize the
Internet in their communications, marketing and sales.  The Company is a
Microsoft Certified Solution Provider.  The Company account representative
sales staff identified the client's total information technology needs
including staffing, training, hardware and packaged software needs and custom
application development.  The Company's programming staff was primarily
involved with custom application development.  Operations for this subsidiary
were terminated in March 2001.

Computer equipment, software and peripheral equipment sales:

The Company through its subsidiary, Spiderscape.com was a vendor of a full
line of computer hardware, software, network products and peripheral
equipment.  The Company operated an e-commerce Web site at Spiderscape.com at
which it offered approximately 150,000 different products.  The Company also
published and distributed an eighty-four-page catalog which is mailed to
selected lists.  Spiderscape.com went on line on October 18, 2000 and the
first mailing of the catalog began November 1, 2000.  The first catalog had
been mailed to over 122,000 addresses.  Orders received over the
Internet or through the Company's telephone service center were automatically
directed to the Company's strategic partners, Tech Data Corp. and Ingram
Micro, Inc., for fulfillment.  The Company's sales were paid almost
exclusively by credit card and were shipped with the Company's labeling and
packing list by the Company's strategic partners.  Spiderscape provided the
hardware and packaged software products for the Company's direct sales
efforts.  Operations for this subsidiary were terminated in March 2001.

Information technology training:

The Company offered technical computer and software training through its
Stampede I-Academy subsidiary.  The Company operated a web site at www.i-
Academy.com.  The Company's clients included individuals, school boards and
commercial businesses.  The Company provided K-12 teacher training and
continuing education to information technology professionals.  The Company's
classes were offered in five broad areas, including both Windows and MacIntosh
platforms.  These areas were network management, technical support, digital
imaging, video and graphics and technology and educational training in
applications software.  The Company's network management courses covered
Microsoft, Cisco, Apple, Citrix, Linux, Novell, Hewlett Packard, 3Com, Nortel
and Compaq.  The Company's technical support courses covered CompTia's A+ and
Network+, Windows Operating Systems and PC assembly.  The Company's digital
imaging courses covered Adobe programs, Quark Xpress, Macromedia Director,
FireWorks and Freehand, Java Script, Shock Wave, HyperStudio, Movie Works,
Corel Draw and Paint and Extension Suitcase.  The Company's video and
graphics courses covered Final Cut Pro, Adobe products, Quark Xpress, HTML,
Macromedia Director Shockwave Studio, Fireworks and Flash, Java Script and
Shockwave.  The Company's technology and education courses covered Microsoft
Office Suite, WebQuest, network administration, technology in the primary and
secondary classroom, trouble shooting, video editing and multimedia production.
This subsidiary's operations were suspended in March 2001.  On August 8, 2001,
this subsidiary acquired by statutory merger a company named "Specialized
Solutions, Inc.", of Tarpon Springs, Florida which is engaged in the
development and sale of computer based training courses.  Following the merger,
the Company retained 3,500,000 million shares, in the subsidiary, being less
than a majority, with the intent of distributing 2,500,000 shares to its
stockholders as a dividend in kind.  A registration statement for the dividend
distribution is pending with the Securities and Exchange Commission under the
name of Specialized Solutions, Inc.

On August 8, 2001, the Company exchanged all of the stock of i-Academy, Inc.,
a wholly owned subsidiary of Stampede Worldwide, Inc., for 3,500,000 shares
of the common stock of Specialized Solutions, Inc., representing a 40%
interest.  The investment in Specialized Solutions, Inc. is accounted for
using the equity method. Undistributed earnings of Specialized Solutions,
Inc. included in retained earnings for the year ended September 30, 2001
amounted to $22,479.

Information technology personnel placement:

The Company, through Stampede Quest, provided employment placement services
to information technology professionals.  Services were provided for both
full time and contract employment opportunities.  The Company confirmed the
technical proficiencies claimed by its placement candidates before they were
referred to clients.  Stampede Quest operates a web site at
www.stampedequest.com that listed open job positions.  Stampede Quest provided
career placement functions for Stampede I-Academy students.  Operations for
this subsidiary were terminated in March 2001.

Commercial printing:

The Company provides complete commercial web press printing services through
Chronicle Commercial Printing, Inc.  Chronicle Commercial Printing operates a
web-site at www.chronicleinc.com.  The Company also prints tabloid newspapers,
such as La Gazetta, the nation's oldest trilingual newspaper, newspaper inserts
and other newsprint products.

The Company employees a total of 25 individuals across all operating
divisions of which all 24 are considered full-time employees, with one part-
time employee.

Item 2.  Description of Property.

The Company owns a 32,000 sq ft office and light industrial building located
on 5.25 acres in Tampa, Florida.  All of the Company's operations are located
at this facility.  Also, the Company leases approximately 12,000 square feet to
Specialized Solutions, Inc., a developer and reseller of computer based
training courses.  The area leased includes general and sales office space, as
well as, the training center comprising of three classrooms.  The Company
believes that the facility is adequate for current operations and growth in the
foreseeable future.  The property is subject to a seller-financed mortgage,
which is currently in default.

The Company has installed eight Compaq servers performing the following
functions for the Company:  Primary and secondary domain control, email
service, development, test and live Internet platforms, sufficient switching
and routing equipment, supporting a Windows NT operating system.  The Company
has a written disaster recovery plan, including ample uninterruptible power
supplies and tape backup. The Company has 26 Compaq Ipax work stations on a
10/100 Ethernet local area network, of which 15 are being leased to a tenant.
The Company has one T-1 data connections for sufficient Internet connectivity.

The Company's new printing press is manufactured by the Raghbeer Company.
The press is a model FAST-300 and includes eight printing units, six roll
stands and a folder. Other improvements to the press room are a six pocket
stitcher/trimmer, several cutters, forklifts, ink pump systems and an online
counter/stacker.  The press has the capability of printing a ninety-six page,
8.5X11 glued book with thirty-two pages of process color in a single pass.
The FAST-300 is very similar in configuration and operation to a Goss
Community printing press.  The Company has a complete pre-press facility,
including disk to film capability.


Item 3. Legal Proceedings

On April 6, 2001, Stampede Worldwide, Inc. (the Debtor) filed a
petition for relief under Chapter 11 of the federal bankruptcy laws
in the United States Bankruptcy Court for the Middle District of
Florida, Tampa Division, Case No. 01-06240-8G1.  Management
determined the filing was necessary due to the Company's insolvency,
the collapse of its Internet information technology subsidiaries and
computer resale businesses and the issuance of unauthorized common
stock. With respect to the last issue, management determined that
approximately sixty-one million shares of common stock sold at an
approximate aggregate price of $4,150,522 pursuant to a registration
statement under the Securities Act of1933, as amended, following a
purported reverse stock split effective n November 20, 2000 possibly
exceeded the Company's authorized hares because one director had
failed to give written consent to the reverse split and the operable
Florida corporate law requires written notice of the reverse split
 to be given to stockholders within thirty days, which was not
given, and stockholder approval for the Company to maintain its
previously authorized one hundred million shares of common stock
following the reverse split, which was not obtained.  The financial
effects of these errors are undeterminable and can not be reasonably
estimated due to the large trading volume in the Company's
stock on the OTC Bulletin Board. The irregularities related
to the reverse stock split and over issue of common stock were
specifically addressed in the Company's Plan of Reorganization.

Under Chapter 11, certain claims against the Debtor in existence
prior to the filing of the petition for relief under the federal
bankruptcy laws were stayed while the Debtor continued in business
operations as Debtor-in-possession. Additional claims (liabilities
subject to compromise) which arose subsequent to the filing date
resulting from the rejection of executory contracts, including
leases, and from the determination by the court (or agreed to by
other parties in interest) of allowed claims for contingencies and
other disputed amounts. Claims secured against the Debtor's assets
(secured claims) were also stayed, although the holders of such claims
have the right to move the court for relief from the stay.  The
subsidiaries of the Company did not filed for bankruptcy protection.

On November 9, 2001, the U.S. Bankruptcy Court for the Middle District of
Florida, Tampa Division, entered its order confirming Stampede's Plan of
Reorganization in Case No. 01-06240-8G1.

The Plan of Reorganization provides, in summary, as follows:

1.  Secured creditors in the approximate aggregate amount of $2,410,000,
remain unchanged.

2.  Unsecured creditors have made claims that are estimated to total
approximately $1,800,000.  Stampede has objected to several of these
claims.  If these objections are not resolved by agreement between Stampede
and the claimants, such objections will proceed to trial before the United
States Bankruptcy Court at a later date.  The total amount of claims cannot
be estimated at this time.  The pool of unsecured creditors will be issued
a total of 3,000,000 shares of Stampede common stock, to be divided pro
rata among such creditors in satisfaction of their claims as unsecured
creditors.  Stampede will make the distribution of stock to unsecured
creditors shortly after resolution of the claims that are subject to
objection before the United States Bankruptcy Court.

3.  Holders of Stampede's Preferred Stock are issued 500,000 shares of
Stampede's common stock, to be divided pro rata among such preferred stock,
in satisfaction of their claims as preferred stockholders.

4.  The issued and outstanding shares of Stampede's common stock is
consolidated such that each thirty shares before the reorganization becomes
one share in the reorganization and accounts holding ninety-nine or fewer
shares after the reorganization are canceled.

5.  Stampede's Articles of Incorporation are to be amended to increase the
number of authorized common shares to 300,000,000 shares from 100,000,000
shares.

6.  Stampede shall distribute as a dividend the holders of its common stock
following the reorganization 2,500,000 shares of I-Academy, Inc., renamed
Specialized Solutions, Inc., and shares of Chronicle Commercial Printing,
Inc., the number thereof to be determined.

Prior to the reorganization, Stampede had 81,407,837 shares of common stock
issued and outstanding.  As a result of the reorganization, Stampede will
have approximately 6,213,595 shares of common stock issued and outstanding,
subject to reduction as a result of the cancellation of accounts holding
ninety-nine or fewer shares.

Immediately upon the order confirming Stampede's plan of reorganization,
Stampede has approximate total assets of $3,553,000 and approximate total
liabilities of $2,584,000.

Larry S. Hyman vs. Chronicle Communication, Inc., Case No. 98-5547 CI 7 in
the Pinellas County, Florida Circuit Court.  This action is for breach of
contract in the acquisition of a printing plant and seeks $739,371.70 in
damages.  As part of the Chapter 11 case, the plaintiff settled with the
Company for a $25,000 claim to be paid as a general creditor receiving a
pro-rata distribution of common stock as provided in the plan of
reorganization.  The court entered an order on December 13, 2001 confirming
the settlement.

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

No matters were submitted during the fourth quarter of the fiscal year covered
by this report to a vote of security holders.

Part II

Item 5. Market for Common Equity and Related Stockholder Matters.

The National Association of Securities Dealers, Inc, quotes the Company's
common stock under the stock symbol "CRNC", through February 2000,under "STPW"
from March 2000 through March 2001 and now under "STPWQ" on the OTC Bulletin
Board.  The following table sets forth the approximate high and low bid
quotations for the Company's Common Stock for each calendar quarter during the
twelve months ended September 30, 2000, as adjusted for a one for five share
combination effective on November 22, 2000.  These quotations are inter-dealer
quotations without retail markup, markdown or commissions and may not represent
actual transactions.

Quarter ended           High Bid         Low Bid

September 1999           $0.46            $0.33
December 1999             0.65             0.60
March 2000                1.20             1.00
June 2000                 0.45             0.40
September 2000            0.55             0.55
December 2000             0.14             0.01
March 2001                0.07             0.03
June 2001                 0.01             0.01
September 2001            0.02             0.01


The high and low bid quotations for the Company's common stock on January 09,
2002 were less than $0.01 and $0.01 and the closing price on that date for the
Company's common stock on the OTC Bulletin Board was less than $0.01.

The Company had approximately 5,800 holders of its common stock at
September 30, 2001.  The number of stockholders is expected to decline
slightly as a result of the cancellation under the Plan of Reorganization
of blocks of less than 100 shares.


The Company's transfer agent is Atlas Stock Transfer of Salt Lake City, Utah.

Dividends:

Dividends on the Common Stock can be paid lawfully only out of current and
retained earnings and surplus of the Company, when, as and if declared by the
Board of Directors. The Company has a negative retained earnings and surplus.
See the Financial Statements appearing elsewhere in this report.  The payment
of dividends in the future rests within the discretion of its Board of
Directors and will depend, among other things, upon the Company's earnings, its
capital requirements and its financial condition, as well as other factors
which the board of directors deems relevant.  The Company does not expect to
pay cash dividends within the next five years based upon its plan to invest its
profits, if any, in expansion of the Company's core business model.

Recent Sales of Securities:

For unregistered common stock transactions, see Item 10 "Executive
Compensation".

The Company during the first quarter of fiscal 2001, sold an aggregate of 41
shares of Series A and Series B Convertible Preferred Stock to 16 accredited
investors with cash proceeds in the aggregate amount of $410,000.  The Company
relied upon Section 4(2) of the Securities Act of 1933, as amended, in that the
offering did not involve a public offering.  The terms of the 15 shares of
Series B Preferred Stock entitle the holder to elect an additional member to
the board of directors under certain circumstances.  The Series B Preferred
Stock has been fully converted into common stock as of January 10,2001.  All
unconverted preferred stock has been converted under the Plan of
Reorganization into a total of 500,000 shares of common stock.

The Series A Convertible Preferred Stock is redeemable at the option of the
Company at its stated value plus a premium of 10% annually.  The shares are
convertible at the option of the holder after one year in a ratio based on
50% of market price provided that a sufficient number of common shares are
available to effect the conversion.  In the event such common shares are
not available the preferred shares cease to be redeemable and will be
granted voting rights on an "as converted" basis.

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

For the years ended September 30, 2001 and 2000:

On March 30, 2001, the Company terminated the operations by several of its
subsidiaries.  These subsidiaries are Spiderscape, Inc., which was engaged in
the on-line and home catalog sales of computer hardware, software, and
peripherals, Stampede Quest, which was engaged in the flexible staffing
business and Stampede Network.com, Inc., which was engaged in providing
Internet solutions, custom computer software development and Web hosting.  The
Company continues to operate its commercial cold set, web printing operations
in its Chronicle Commercial Printing, Inc. Subsidiary and is seeking expanded
sales.  Previously, i-Academy, Inc., which was engaged in information
technology training, had ceased operations.

On April 6, 2001, the Company filed for reorganization under Chapter 11 of the
Bankruptcy Code.  Management determined the filing was necessary due to the
Company's insolvency, resulting from the collapse of its subsidiaries'
internet, information technology and computer resales businesses.
Subsequently, the i-Academy subsidiary has merged into Specialized Solutions,
Inc. and is currently in the process of being dividend spun-off to the
Company's stockholders under an order filed on November 9, 2001, by the Federal
Bankruptcy Court pursuant to the Company's plan of reorganization.

On August 3, 2001, the Company exchanged all of the stock of i-Academy,
Inc. for 3,500,000 shares of the common stock of Specialized Solutions,
Inc., representing a 40% interest.  The investment in Specialized
Solutions, Inc. is accounted for using the equity method.  Undistributed
earnings of Specialized Solutions, Inc. included in retained earnings for
the year ended September 30, 2001 amounted to $22,479.


During March 2000, the Company purchased ETA Internet Solutions through its
subsidiary Stampede Network.com, Inc. for 741* shares of the Company's
common stock and $199,471 cash.  The total cost of the transaction was
$236,138, which exceeded the fair value of the net assets acquired by $187,167.
The excess was allocated to goodwill to be amortized on a straight-line basis
over 20 years.  Stampede Network.com, Inc. operations were suspended in March
2001.

During January 1999, the Company acquired Bartow Communications, Inc., a real
estate publisher in the Washington, D.C. area, for 833* shares of common
stock.  The total cost of the acquisition was $14,062, which exceeded the fair
value of the net assets acquired by $214,814.  The excess was allocated to
goodwill to be amortized on a straight-line basis over 20 years.  In July 2000,
the Company's subsidiary Chronicle Commercial Printing, Inc. ceased publication
of the real estate magazines published by Bartow Communications and returned
the operations to the former owner in a transaction resulting in a net gain of
$34,087 to the Company.  The net gain includes write off of goodwill related to
the acquisition of $198,712.

During August 1999, the Company acquired Americomp Computers, Inc., a Houston
based computer retailer, for 15,000* shares of the Company's stock.  The total
cost of the acquisition was $373,5000, which exceeded the fair value of the net
assets by $401,791.  The excess was allocated to goodwill to be amortized on a
straight-line basis for 20 years.  During March 2000, the Company closed the
Houston facility and consolidated its computer retail operations into its Tampa
subsidiary, Spiderscape.com.   The disposal resulted in a net loss of $411,841
to the Company, which includes a write off of $391,746 of goodwill related to
the acquisition.  Spiderscape.com. operations were suspended in March 2001.

In November 1999, the Bright Now, Inc. subsidiary filed for protection under
Chapter 11 of the Federal Bankruptcy Code. This proceeding was converted to a
Chapter 7 Liquidation during the month of February, 2000.  For the years ended
September 30, 2001 and 2000, the Company believes it has fulfilled all its
obligations under the Chapter 7 liquidation.

During the years ended September 30, 2001 and 2000, the Company's activities
were conducted primarily in its subsidiaries.

During the year ended September 30, 2001, the Company's subsidiaries and their
respective businesses were as follows:
      Chronicle Commercial Printing, Inc. - commercial web offset printing,
         which is continuing
      Stampede Network.com, Inc. - web design and hosting, and proprietary
        database programming, which has been terminated.
      Spiderscape.com, Inc. - Internet and catalog based computer hardware and
        software retailing, which has been terminated.
      i-Academy, Inc. - technical computer and software training  facilities
        and Stampede Quest, a technology employment placement agency which also
        operates under the i-Academy subsidiary, which has been terminated.

During the year ended September 30, 2000, the Company's subsidiaries and their
respective businesses were as follows:
      Chronicle Commercial Printing, Inc. - commercial web offset printing
      Stampede Network.com, Inc. - web design and hosting, and proprietary
        database programming
      Spiderscape.com, Inc. - Internet and catalog based computer hardware and
        software retailing
      Bartow Communications, Inc. - publisher of new homes real estate
        guides in Metropolitan Washington, DC, which was returned to the
        original owner in July 2000.
      i-Academy, Inc. - technical computer and software training facilities
        and Stampede Quest, a technology employment placement agency which also
        operates under the i-Academy subsidiary.
      Americomp Computers, Inc. - Houston, Texas based hardware and software
        retailer
      Bright Now, Inc. - commercial web offset printing

*Adjusted for the share combination pursuant to a court order under
the plan of reorganization.

Liquidity and financial resources:

During the 2001 and 2000 fiscal years, the Company funded much of its working
capital needs through the sale of its common stock.  Approximately $3,850,000
in capital was raised in connection with these stock sales.  The Company's
continued ability to operate is dependent on its ability to either refinance
its existing debt, raise additional capital or find viable operating companies
to merge into the Company's dormant subsidiaries.

The Company incurred operating losses of $3,855,931 and $7,053,140 for the
years ended September 30, 2001 and 2000, respectively.  Also, at September 30,
2001 and 2000, current liabilities exceeded current assets by $1,582,312 and
$2,905,408, respectively, yielding a positive increase in working capital
between the two fiscal years of $1,323,096.

The Company's working capital position increased by $1,323,096 at September 30,
2001.  This condition is the result of a decrease in current assets of
$350,450, resulting from lower accounts receivable and inventory carrying
amounts, and a decrease in total current liabilities of $1,673,546, partially
as a result of the write-down of accrued stock compensation to certain officers
of the Company and the reclassification of liabilities included in the Chapter
11 bankruptcy subject to compromise of $915,193.  The Company experienced a
decrease from period to period in short-term notes by $646,995. Other accrued
liabilities also decreased by $1,310,881.  Accounts payable decreased by
$183,440. Current maturities of long-term debt increased by $599,145.  Accrued
payroll liabilities decreased by $131,375.

The Company's working capital ratio was negative as of September 30, 2001 and
has continued to remain in that position through the date of this filing.
Working capital at September 30, 2001 increased by $1,323,096 from working
capital at September 30, 2000.  The Company's current ratio at September 30,
2001 was a negative 1.0:6.7 ratio in contrast to the negative current
ratio of 1.0:5.0 at September 30, 2000.

The Company had limited liquidity as a result of limited positive cash flows
during the reported periods and its liquidity was limited to the sale of common
stock, collections of accounts receivable and generation of additional accounts
receivable, primarily from revenues generated from the commercial web printing
business.  The Company's management believes the Company can improve its gross
margins by expanding the printing operations and by finding viable operating
companies to merge into the Company's dormant subsidiaries, thereby increasing
revenues.

The Company's management believes if it had been better capitalized during the
period it could have offset the losses by making capital equipment purchases
and repairs that would be expected to have improved efficiency and increased
its commercial printing revenues.

Financial results:

The Company's financial position worsened as of September 30, 2001 in
contrast to its financial position at September 30,2000.  Current assets
decreased by $350,450 and current liabilities decreased by $1,673,546 between
those dates.  The cash balance decreased by $43,266 and the accounts payable
and accrued liabilities balances decreased by $1,625,696 as of the
aforementioned dates.  Stockholders' equity has increased by $16,952 from a
deficit of $3,047 at September 30, 2000 to equity of $13,905 at September 30,
2001.  Overall, the balance sheet has decreased by $1,834,427 from total assets
of $5,873,339 at September 30, 2000 to $4,038,912 at September 30, 2001.

The Company had a slight decrease in revenue growth for the 2001 fiscal year
when compared to the 2000 fiscal year of approximately 6% or $92,828.
The change in gross profit for the same period proportionally decreased by
$57,715 or 12%.  The decrease in revenues is attributed to the failure of the
Company's technology business subsidiaries, which never achieved projected
market or revenue share necessary for profitable operations.  Those
subsidiaries ceased operations in March 2001.  The decrease in gross margin was
attributable to the decrease in revenues.  Costs associated with the printing
operation, currently the only subsidiary still operating, remained consistent
between the years presented.

The Company cost of sales for the twelve months ended September 30, 2001, over
the same period in 2000, remained virtually unchanged.  Cost of sales as a
percent of revenue was 72.3% for the twelve months ended September 30, 2001,
verses 70.4% for the same twelve months ended 2000.

The Company experienced a decrease in operating expenses for the 2001 fiscal
year compared to the 2000 fiscal year of $3,254,924.  The decrease is largely
related to the prior year's calculation of total stock compensation to
officers, directors and employees of $2,755,133 recorded in 2000.  This cost
was non-recurring for 2001.

Losses for the year ended September 30, 2001 were directly related to the
failure of the Company's technology subsidiaries to establish market share and
generate revenues and profits.  Costs far exceeded revenues generated.  The
losses for the year ended September 30, 2000 were directly related to the cost
of branding the Company's new technology identity and infrastructure
capitalization needs.

Net loss per common share, basic decreased by $15.88* to $(2.23)* for the
twelve months ended September 30, 2001 versus ($18.11)* for the same period
of 1999.

*Adjusted for the share combination pursuant to a court order under
the plan of reorganization.

Capital resources:

On June 6, 2001, the Company entered into a revised lease agreement on the
Fast 300 printing press with Intercontinental Engineering, Inc.  The revised
lease no longer qualifies as a capital lease.  Accordingly, the Company has
reduced fixed assets accordingly.  The reduction totaled $590,911.

Computers and other office equipment were exchanged with Specialized Solutions,
Inc. as part of the merger between Specialized and I-Academy, Inc., dated
August 9, 2001.  Total value of equipment exchanged was $135,660.

Item 7. Financial Statements.

To the Board of Directors and Stockholders of
Stampede Worldwide, Inc.

We have audited the accompanying consolidated balance sheets of Stampede
Worldwide, Inc., (a Florida Corporation) and subsidiaries as of September 30,
2001 and 2000, and the related consolidated statements of operations, changes
in stockholders' equity (deficit), and cash flows for the years then ended.
These consolidated financial statements are the responsibility of the Company's
management.  Our responsibility is to express an opinion on these consolidated
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 audit to obtain reasonable assurance about whether the
consolidated financial statements are free of material misstatement.  An audit
includes examining, on a test basis, evidence supporting the amounts and
disclosures in the consolidated 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 consolidated financial statements referred to above present
fairly, in all material respects, the financial position of Stampede Worldwide,
Inc. and subsidiaries as of September 30, 2001 and 2000, and the results of
their operations and their 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 the Company
will continue as a going concern.  As discussed in Note 2, the conditions
leading to the Company's filing of Chapter 11 bankruptcy raise substantial
doubt about its ability to continue as a going concern.  The financial
statements do not include any adjustments that might result from the outcome of
this uncertainty.

Respectfully submitted,

BELLA, HERMIDA, GILLMAN, HANCOCK & MUELLER

/s/

Certified Public Accountants
Plant City, Florida
December 23, 2001


                STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

                      CONSOLIDATED BALANCE SHEETS
                      September 30, 2001 and 2000

                               ASSETS

                                 2001                2000

CURRENT ASSETS:
Cash                         $  10,480          $   53,746
Accounts Receivable, net of
 Allowances of $30,000 (2001)
 and $22,250 (2000)             95,023             135,665
Inventory                       54,166             101,711
Other Current Assets            74,855             293,852
                             ----------         -----------

   Total Current Assets        234,524             584,974


PROPERTY AND EQUIPMENT,
Net of Accumulated
 Depreciation of $355,434
(2001) and $124,239 (2000)   3,483,413           4,457,747

OTHER ASSETS:
Advances to Stockholders                           596,756
Investments - at Equity        113,182
Intangible Assets, Net          41,625             233,862
Deposits                       166,168
                             ----------         -----------
   Total Other Assets          320,975             830,618
                             ----------         -----------

TOTAL ASSETS                $4,038,912          $5,873,339
                            ===========         ===========

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT):

CURRENT LIABILITIES:
Short-Term Notes               173,180             820,175
Current Maturities
 of Long-Term Debt             852,022             252,877
Accounts Payable               302,926             486,366
Accrued Payroll Liabilities     49,242             180,617
Other Accrued Liabilities      439,466           1,750,347
                             ----------         -----------

   Total Current Liabilities 1,816,836           3,490,382

LONG-TERM LIABILITIES        1,292,978           2,386,004

LIABILITIES SUBJECT TO
 COMPROMISE                    915,193
                             ----------         -----------

   Total Liabilities         4,025,007           5,876,386
                             ----------         -----------

STOCKHOLDERS' EQUITY (DEFICIT):
Preferred Stock, $10,000 Par
 Value, 10,000,000 Shares
 Authorized:
 Convertible Series A, 350
 Shares Authorized, 113
 Shares Issued and Outstanding
 At September 30, 2001         170,000

Common Stock, $.001 Par Value,
 300,000,000 Shares Authorized,
 2,713,594 and 657,220 Shares
 Issued and Outstanding at
 September 30, 2001, and 2000,
 respectively                    2,714                657
Additional Paid In Capital  18,865,593         14,608,542
Common Stock Receivable                       (   569,668)
Accumulated Deficit        (19,024,402)       (14,042,578)
                           ------------       ------------
  Total Stockholders' Equity
   (Deficit)                    13,905        (     3,047)
                           ------------       ------------

TOTAL LIABILITIES AND
STOCKHOLDERS' EQUITY
 (DEFICIT)                  $4,038,912         $5,873,339
                            ===========        ===========

The Accompanying Notes are an Integral Part of These Consolidated
Financial Statements

              STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES
              CONSOLIDATED STATEMENTS OF OPERATIONS
            For the Years Ended September 30, 2001 and 2000


                                     2001         2000

SALES                           $1,581,982   $1,674,810


COST OF SALES                    1,143,144    1,178,257
                                ----------   ----------

GROSS PROFIT                       438,838      496,553
                                ----------   ----------

OPERATING EXPENSES:
General and Administrative       3,644,598    7,185,492
Depreciation and Amortization      351,189      182,779
Interest                           298,982      181,422
                                ----------   ----------

   Total Operating Expenses      4,294,769    7,549,693
                                ----------   ----------

                                (3,855,931)  (7,053,140)
                                ----------   ----------

OTHER EXPENSE:
Loss on Disposal of
 Property and Equipment         (   32,127)  (  124,670)
Loss on Disposal of
 Investment                                  (   91,652)
Loss on Disposal of
 Subsidiaries                                (  377,753)
Loss on Capital Lease Conversion(  107,788)
Equity in Earnings (Loss) of
 Unconsolidated Investee        (   22,479)
Other Income                         4,113
                                ----------   ----------

  Total Other Income (Expense)  (  158,281)    (594,075)
                                ----------   ----------

NET LOSS FROM CONTINUING
 OPERATIONS                     (4,014,212)  (7,647,215)
                                ----------   ----------

DISCONTINUED OPERATIONS:
Loss from Operations of Business
 Segments                       (  945,451)
Loss on Disposal of Business
 Segments                       (  173,129)
                                ----------   ----------

  Total Discontinued Operations (1,118,580)

NET LOSS BEFORE REORGANIZATION
 EXPENSES AND EXTRAORIDINARY
 ITEMS                          (5,132,792)  (7,647,215)
                                ----------   ----------
REORGANIZATION EXPENSES:
Professional Fees                   67,746
                                ----------   ----------

  Total Reorganization Expenses     67,746
                                ----------   ----------

EXTRAORDINARY ITEMS:
Gain on Forgiveness of Debt        260,486      201,678
Gain on Liquidation of a
 Subsidiary following a pooling
 of interests                                 1,116,988
Litigation Settlement           (   41,772)
                                ----------   ----------

   Total Extraordinary Items       218,714    1,318,666
                                ----------   ----------


NET LOSS                       $(4,981,824) $(6,328,549)
                               ===========   ==========


NET LOSS PER COMMON
 SHARE, BASIC                  $   (  2.23) $   ( 18.11)
                               ===========   ==========


WEIGHTED-AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING        2,233,821      349,423
                               ===========   ==========



The Accompanying Notes are an Integral Part of These Consolidated Financial
Statements


STAMPEDE WORLDWIDE, INC., AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
FOR THE YEARS ENDED SEPTEMBER 30, 2001 AND 2000


                     Preferred Stock    Common Stock
                      $10,000 Par        $.001 Par           Additional
                  Shares     Amount    Shares    Amount   Paid In Capital
                 --------   --------  --------  --------  ----------------
Balance, October 1, 1999               102,495   $   102     $ 5,825,801

Common Stock Issued:
 For Cash                              429,936       430       5,588,348
 For Employee Compensation              45,191        45       1,582,383
 For Debt Repayment                     16,478        16         360,058
 For Operating Expenses                 52,533        53         839,426
 For Acquisitions                          741         1          36,666


Surrender and Cancellation
 of Common Stock                         (  13)                  ( 5,573)

Common Shares Issued
 for Common Stock Receivable             9,859        10         381,433

Net Loss
                  ------  ---------  ---------    ------     -----------


Balance, September
 30, 2000                              657,220       657      14,608,542

Series A Preferred Stock
 Issued:
  For Cash           26     260,000
  For Collateral     96

Series B Preferred Stock
 Issued:
  For Cash           15     150,000

Common Stock Issued:
 For Cash                            1,078,153     1,078       2,151,942
 For Employee
  Compensation                          18,333        18          51,517
 For Debt Repayment                    240,600       241         579,297
 For Operating Expenses                514,569       515       1,209,500
 For Stock Option
  Exercises                              3,333         3          24,997
 For Preferred Stock
  Series A
  Conversion         (9)   ( 90,000)    67,538        68          89,932
For Preferred Stock
  Series B
  Conversion        (15)   (150,000)   133,948       134         149,866

Surrender and
 Cancellation of
 Common Stock                         (    100)

Cancellation of
 Common Stock
 Receivable

Net Loss
                  ------  ---------  ---------    ------     -----------

Balance, September
 30, 2001            113 $  170,000  2,713,594   $ 2,714    $ 18,865,593
                  ======  =========  =========    ======     ===========



STAMPEDE WORLDWIDE, INC., AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT
FOR THE YEARS ENDED SEPTEMBER 30, 2001 AND 2000


                                   Stock        Accumulated
                                 Receivable       Deficit            Total
                               ------------     -----------     ----------
Balance, October 1, 1999       $ (  188,225)   $ (7,714,029)  $ (2,076,351)

Common Stock Issued:
 For Cash                                                        5,588,778
 For Employee Compensation                                       1,582,428
 For Debt Repayment                                                360,074
 For Operating Expenses                                            839,479
 For Acquisitions                                                   36,667


Surrender and Cancellation
 of Common Stock                                                   ( 5,573)

Common Shares Issued
 for Receivable                    (381,433)


Net Loss                                       ( 6,328,549)     (6,328,549)
                                  ---------     ----------      ----------

Balance, September
 30, 2000                          (569,668)   (14,042,578)     (    3,047)

Series A Preferred Stock
 Issued:
  For Cash                                                         260,000
  For Collateral

Series B Preferred Stock
 Issued:
  For Cash                                                         150,000

Common Stock Issued:
 For Cash                                                        2,153,020
 For Employee
  Compensation                                                      51,535
 For Debt Repayment                                                579,538
 For Operating Expenses                                          1,210,015
 For Stock Option
  Exercises                                                         25,000
 For Preferred Stock
  Series A
  Conversion
For Preferred Stock
  Series B
  Conversion

Surrender and
 Cancellation of
 Common Stock

Cancellation of
 Common Stock
 Receivable                         569,668                        569,668

Net Loss                                       ( 4,981,824)    ( 4,981,824)
                                  ---------     ----------      ----------

Balance, September
 30, 2001                        $    -       $(19,024,402)   $     13,905
                                  =========     ==========     ===========


The Accompanying Notes are an Integral Part of These Consolidated
Financial Statements


             STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES
              CONSOLIDATED STATEMENTS OF CASH FLOWS
               For the Years Ended September 30, 2001 and 2000

                                               2001                2000
                                           -----------          ----------
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss                                   $(4,981,824)        $(6,328,549)
Adjustments to Reconcile
 Net Loss to Net Cash Used
 in Operating Activities:
  Net Loss of Unconsolidated Investee           22,479
  Depreciation and Amortization                397,068             182,779
  Provision for Losses on Accounts
  Receivable                                (    7,750)         (   16,050)
  Provision for Losses on Shareholder
  Advances                                     569,668
  Provision for Losses on Common Stock
  Receivable                                   626,932
  Extraordinary Item - Liquidation
  of Subsidiary                                                 (1,123,879)
  Extraordinary Item - Forgiveness
  of Debt                                   (  260,486)         (  201,678)
  Expenses Paid with Stock                   1,286,550           2,039,239
  Net Loss on  Disposal of Assets               32,127             124,670
  Net Loss on Disposal of Investments                               76,652
  Net Loss on Disposal of Subsidiaries         173,129             391,277
  Net Loss on Capital Lease Conversion         107,788
  Changes in Operating Assets and
  Liabilities, Net of Effects
  of Disposals:
    Accounts Receivable                         48,392          (    5,077)
    Inventory                                   47,545          (  126,545)
    Other Current Assets                       218,997          (  272,623)
    Other Assets                                                (    3,528)
    Deposits                                (  166,168)
    Accounts Payable                                                67,033
    Accrued Liabilities                                          1,415,174
    Increase in Post Petition Payables         636,660
    Increase in Post Petition Accrued
     Liabilities                               219,618
    Decrease in Accrued Stock Compensation  (1,526,932)
                                           -----------          ----------
      Net Cash Used in
       Operating Activities                 (2,556,207)         (3,781,105)
                                           -----------          ----------


CASH FLOWS FROM INVESTING ACTIVITIES:
  Cash Paid for Investment in
  Subsidiaries                                                  (  199,471)
  Capital Expenditures                      (  162,324)         (1,901,870)
                                           -----------          ----------
      Net Cash Used in Investing
       Activities                           (  162,324)         (2,101,341)
                                           -----------          ----------


CASH FLOWS FROM FINANCING ACTIVITIES:
  Bank Overdraft                                                (   31,944)
  Proceeds from Short-Term Debt                175,000             763,444
  Principal Payments on Long-Term Debt      (   10,758)         (   66,505)
  Principal Payments on Short-Term Debt     (   21,821)         (   26,044)
  Stockholders Advances                     (  214,729)         (  602,695)
  Stockholder Repayments                       184,553             309,023
  Proceeds from Issuance of Common Stock     2,153,020           5,583,206
  Proceeds from Issuance of Preferred Stock    410,000
                                           -----------          ----------

    Net Cash Provided by
    Financing Activities                     2,675,265           5,928,485
                                           -----------          ----------

NET INCREASE (DECREASE) IN CASH             (   43,266)             46,039
CASH AT BEGINNING OF YEAR                       53,746               7,707
                                           -----------          ----------

CASH AT END OF YEAR                        $    10,480         $    53,746
                                            ==========          ==========



             STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES
         CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)
               For the Years Ended September 30, 2001 and 2000

                                               2001                2000
                                            ----------          ----------
SUPPLEMENTAL DISCLOSURES OF
 CASH FLOW INFORMATION:

Cash Paid during the Year for
 Interest                                  $    23,706         $    24,836
                                            ==========          ==========
SUPPLEMENTAL SCHEDULE OF NONCASH
 INVESTING AND FINANCING ACTIVITIES:

Property Acquired by Long-Term Note        $                   $ 2,125,000
                                            ==========          ==========

Equipment Acquired by Capital Lease        $                   $   556,000
                                            ==========          ==========

Stock Issued for Acquisitions              $                   $  $ 36,667
                                            ==========          ==========

Stock Issued for Debt Repayment            $   579,538         $    85,097
                                            ==========          ==========

Stock Issued for Receivables               $                   $   381,443
                                            ==========          ==========

Stock Issued for Payments on
 Accounts Payable                          $                   $   213,519
                                            ==========          ==========

Stock Issued for Payment on Accrued
 Liabilities                               $                   $   444,126
                                            ==========          ==========

Property Surrendered for Debt Repayment    $                   $   130,040
                                            ==========          ==========
Net Assets Exchanged for Unconsolidated
 Investee                                  $   135,660         $
                                            ==========          ==========
Preferred Stock Surrendered for Common
 Stock                                     $   240,000         $
                                            ==========          ==========

SUPPLEMENTAL SCHEDULE OF REORGANIZATION EXPENSES:

Professional Fees                          $    67,746
                                            ==========          ==========


The Accompanying Notes are an Integral Part of These Consolidated
Financial Statements


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 1:    ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Stampede Worldwide, Inc., (the "Company") was incorporated in Georgia
on April 5, 1996, under the name of JMAR Communications, Inc., and
changed its name to Chronicle Communications, Inc., effective July 30,
1997.  The Georgia company merged into its newly incorporated, wholly
owned Florida subsidiary on February 2, 2000 for the sole purpose of
changing the Company's state of incorporation to Florida from Georgia.
On April 14, 2000, the Company changed its name to Stampede Worldwide,
Inc.

Stampede Worldwide, Inc. is engaged in the business of communications
technology.  Through its subsidiaries, which include Chronicle
Commercial Printing, Stampede Network.com, i-Academy and Spiderscape,
Inc., the Company offers commercial web offset printing and
publishing, complete internet and intranet solutions, information
technology training and staffing and computer hardware and software
sales.

On March 31, 2001, the Company suspended operations in all
subsidiaries except Chronicle Commercial Printing.  On April 6, 2001,
Stampede Worldwide, the parent corporation, filed a petition for
relief under Chapter 11 of the federal bankruptcy laws in the United
States Bankruptcy Court.  The subsidiaries of the Company have not
filed for bankruptcy protection.

Since the filing of the petition for relief under Chapter 11, the
Company has applied the provisions of Statement of Position 90-7
"Financial Reporting by Entities in Reorganization Under the
Bankruptcy Code."  Consequently, transactions and events that are
directly associated with the reorganization are separately presented
from the normal operations of the business in the consolidated
financial statements.

Use of Estimates

The preparation of financial statements in conformity with generally
accepted accounting principles 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 reported amounts of revenue and
expenses during the reporting period.  Actual results could differ
from those estimates.

Cash Equivalents

For purposes of financial statement presentation, the Company
considers all highly liquid instruments with maturity from the date of
purchase of three months or less to be cash equivalents.  The Company
holds no such instruments at September 30, 2001 and 2000.

Accounts Receivable

The Company grants unsecured credit to its customers for terms of 10
to 60 days.  Bad debts are reported using the allowance method.

Inventory

Inventories are recorded at the lower of cost (first-in, first-out) or
market.  Inventories consist principally of paper and printing
supplies.

Property and Equipment

Property and equipment are stated at cost and depreciated using the
straight-line method over estimated useful lives ranging from 5 to 40
years.  Expenditures for maintenance and repairs are charged to
expense as incurred.  Major improvements are capitalized.

STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 1:      ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING
              POLICIES       (CONTINUED)

Intangibles

Intangible assets consist of Goodwill and are amortized using the
straight-line method over 20 years.

Advertising Costs

Advertising costs are charged to operations in the year incurred and
totaled $742,743 and $1,168,365 for the years ended September 30, 2001
and 2000, respectively.

Deferred Tax Assets and Liabilities

Deferred income taxes are the result of the expected future tax
consequences of temporary differences between the financial statement
and tax bases of assets and liabilities.  A valuation allowance is
provided against deferred income tax assets in circumstances where
management believes recoverability of a portion of the asset is not
reasonably assured.

Earnings (Loss) per Share

Basic net earnings (loss) per common share is computed by dividing the
net earnings (loss) by the weighted-average number of common shares
outstanding during the reporting period.  Common stock equivalents
have not been included in the computation for these periods because
their inclusion would be anti-dilutive.  Diluted earnings per share
are computed to include potential dilution from the exercise or
conversion of securities, such as stock options or warrants, into
common stock.  Because the effect of including these securities is
anti-dilutive, they have been excluded from the computation and the
diluted loss per share is equal to the basic loss per share.

Stock-Based Compensation

The Company accounts for stock issued to employees as provided in
Accounting Principles Board Opinion No. 25, whereby compensation
expense is recorded on the date the options are granted equal to the
excess of the market price of the underlying stock over the exercise
price and provides pro forma disclosure of the application of
Statement of Financial Accounting Standards No. 123.

Principles of Consolidation

The consolidated financial statements include the accounts of Stampede
Worldwide, Inc. and all wholly owned subsidiaries.  All material
intercompany transactions have been eliminated.

Fair Value of Financial Instruments

At September 30, 2001 and 2000, the fair values of cash and cash
equivalents, accounts receivable, and accounts payable approximate the
carrying value due to their short-term nature.  The fair value of debt
is estimated at its carrying value based upon current rates available
to the Company.


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 2:      GOING CONCERN

Although the consolidated financial statements have been prepared on a
Going concern basis, the conditions leading to the Chapter 11 filing
raise substantial doubt about the Company's ability to continue as a
going concern.  The Company has recorded substantial losses since
inception and current liabilities exceed current assets by $1,582,312
at September 30, 2001.  The Company has not generated positive cash
flows from operations since inception and has discontinued operations
of all subsidiaries except Chronicle Commercial Printing.
Additionally, the Company has been unable to meet its obligations as
they become due.  The ability of the Company to continue as a going
concern is dependent on its ability to reverse negative operating
trends, successfully implement its plan of reorganization and raise
additional investment capital.

The Company's plan of reorganization was approved by the Bankruptcy
Court in November, 2001 (Note 15).  Management has discontinued
operations of all subsidiaries except Chronicle Commercial Printing
and is seeking to raise capital through mergers and spin-offs or sale
of its subsidiaries.  During the year ended September 30, 2001, the
Company completed a reverse merger of its i-Academy subsidiary into
Specialized Solutions, Inc.. However, there can be no assurance
that the Company will be able to improve operating results, implement
its plan of reorganization or raise investment capital sufficiently to
continue as a going concern.  The financial statements do not include
any adjustments relating to the recoverability and classification of
recorded assets or to the amounts and classification of liabilities
that might be necessary if the Company is unable to continue as a
going concern.

NOTE 3:      ACQUISITIONS AND DISPOSALS

On August 8, 2001, the Company exchanged all of the stock of
i-Academy, Inc., a wholly owned subsidiary of Stampede Worldwide,
Inc., for 3,500,000 shares of the common stock of Specialized
Solutions, Inc., representing a 40% interest.  The investment in
Specialized Solutions, Inc. is accounted for using the equity method.
Undistributed earnings of Specialized Solutions, Inc. included in
retained earnings for the year ended September 30, 2001 amounted to
$22,479.

During March 2000, the Company purchased ETA Internet Solutions
through its subsidiary Stampede Network, Inc. for 741 shares of the
Company's common stock and $199,471 cash.  The total cost of the
transaction was $236,138, which exceeded the fair value of the net
assets acquired by $187,167.  The excess was allocated to goodwill to
be amortized on a straight-line basis over 20 years.  During March
2001, Stampede Network discontinued operations, resulting in a write
off of goodwill in the amount of $173,129.

During January 1999, the Company acquired Bartow Communications, Inc.,
a real estate publisher in the Washington, D.C. area, for 833
shares of common stock.  The total cost of the acquisition was
$14,062, which exceeded the fair value of the net assets acquired by
$214,814.  The excess was allocated to goodwill to be amortized on a
straight-line basis over 20 years.  In July 2000, the Company's
subsidiary Chronicle Commercial Printing, Inc. ceased publication of
the real estate magazines published by Bartow Communications and
returned the operations to the former owner in a transaction resulting
in a net gain of $34,087 to the Company.  The net gain includes write
off of goodwill related to the acquisition of $198,712.


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 4:      PROPERTY, EQUIPMENT AND INTANGIBLE ASSETS

Property and Equipment, at cost, consist of the following:

                                      2001                     2000
                                   ---------                ---------

       Building and Improvements  $2,545,954               $2,458,125
       Machinery and Equipment       510,265                1,190,915
       Furniture and Fixtures        304,116                  330,574
       Computers and Software        478,512                  602,372
                                   ---------                ---------
          Total                    3,838,847                4,581,986
    Less, Accumulated Depreciation ( 355,434)               ( 124,239)
                                   ---------                ---------

      Net Property and Equipment  $3,483,413               $4,457,747
                                   =========                =========

Depreciation expense for the years ended September 30, 2001 and 2000
was $385,178 and $160,548, respectively.

Intangible Assets, at cost, consist of the following:
                                       2001                     2000
                                   ---------                ---------

 Goodwill                         $   45,000               $  187,167
 Other                                                         52,500
                                   ---------                ---------
    Total                         $   45,000               $  239,667
Less, Accumulated Amortization      (  3,375)                (  5,805)
                                   ---------                ---------

 Net Intangible Assets            $   41,625               $  233,862
                                   =========                =========

Amortization expense for the years ended September 30, 2001 and 2000
was $11,890 and $22,231, respectively.


NOTE 5:      LIABILITIES NOT SUBJECT TO COMPROMISE

      Short-Term Notes consist of the following:

                                      2001                     2000
                                   ---------                ---------
Loans payable to individuals;
 unsecured; Bearing interest
 at various rates with various
 repayment terms.                 $                        $   56,732

Note payable; secured by a first
 Priority security interest in
 76.3444 shares of Convertible
 Preferred Stock Series A bearing
 interest at 6.75%; due
 September 19, 2001.                                          763,443

Note Payable; secured by a first
 security priority interest in
 750,000 shares of Chronicle
 Commercial Printing common stock;
 bearing interest at 10%; due
 December 31, 2001.                  150,000


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 5:      LIABILITIES NOT SUBJECT TO COMPROMISE (CONTINUED)

                                      2001                     2000
                                   ---------                ---------
Note Payable to individual; unsecured;
 bearing interest at 13%; due
 August 10, 2002.                     23,180
                                   ---------                ---------

     Total Short-Term Notes       $  173,180               $  820,175
                                   =========                =========

      Long-Term Liabilities consist of the following:

Loans payable to individuals;
 unsecured; bearing interest
 at various rates with various
 repayment terms.                 $   20,000               $   20,000

Note payable; secured by mortgage
 and security agreement on property;
 entire amount in default; note
 modification announced in open
 court; interest raised from 6.51%
 to default rate of 10.51%;
 principal payments made during
 the year reclassed as rent;
 $1,000,000 payment due on
 December 20, 2001 whereby the
 restructured mortgage will take
 effect; 24 monthly payments of
 $25,000 plus accrued interest
 with a final balloon payment due
 on December 1, 2003.              2,125,000                2,125,000

Capitalized Lease on Equipment;
 monthly payments of $12,089,
 including interest at 11%;
 lease expires April 1, 2005.
 Balance of $483,123 plus interest
 terminated upon lease conversion.                            493,881
                                   ---------                ---------
     Total                         2,145,000                2,638,881

Less, Current Maturities            (852,022)                (252,877)
                                   ---------                ---------
Net Long-Term Liabilities         $1,292,978               $2,386,004
                                   =========                =========


The aggregate annual maturities of long-term liabilities are as
follows:

              YEAR ENDING SEPTEMBER 30,          AMOUNT

                       2002                   $  852,022
                       2003                      300,000
                       2004                      992,978
                                               ---------

                             TOTAL            $2,145,000
                                               =========


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 6:      LIABILITIES SUBJECT TO COMPROMISE

Liabilities Subject to Compromise refers to liabilities of the parent
corporation incurred prior to the commencement of the Chapter 11 Case.
These liabilities consist primarily of amounts outstanding under
short-term notes, accounts payable and other accrued expenses.  These
amounts represent the Company's estimate of known or potential claims
to be resolved in connection with the Chapter 11 Case.  Such claims
remain subject to future adjustments.  Adjustments may result from (1)
negotiations; (2) actions of the Bankruptcy Court; (3) further
development with respect to disputed claims; (4) future rejection of
executory contracts; (5) the determination as to the value of any
collateral securing claims; (6) proofs of claims; or (7) other events.

Liabilities subject to compromise under the reorganization consist of
The following:

Note Payable, 6.75%, secured by a first
 priority interest in 76.3444 shares of
 Convertible Preferred Stock Series A           $  168,906

Loans payable to individuals, interest at
 various rates, unsecured                           51,731

 Trade Accounts Payable                            679,806

 Accrued Interest                                   12,226

 Tax Claims                                          2,524
                                                 ---------

     Total                                      $  915,193
                                                 =========

NOTE 7:      INCOME TAXES

The Company recognizes the amount of taxes payable or refundable for
the current year and recognizes deferred tax liabilities and assets
for the expected future tax consequences of events and transactions
that have been recognized in the Company's financial statements or tax
returns.  The Company currently has substantial net operating loss
carryforwards that may be applied against future income.  These
losses create a deferred tax asset at September 30, 2001 and 2000.
The Company has recorded a 100% valuation allowance against net
deferred tax assets due to uncertainty of their ultimate realization.

                                      2001                     2000
                                   ---------                ---------
Deferred Tax Assets Resulting from
 Net Operating Losses             $2,040,283               $2,065,579
Less, Valuation Allowance         (2,040,283)              (2,065,579)
                                   ---------                ---------

Net Deferred Tax Assets           $        0               $        0
                                   =========                =========

The Internal Revenue Code contains provisions which may limit the net
operating loss carryforward available for use in any given year if
significant changes in ownership interest in the Company occur.


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 7:      INCOME TAXES (CONTINUED)

The loss carryforwards expire as follows:

              YEAR OF EXPIRATION                 AMOUNT

                      2011                     $  68,424
                      2012                       771,272
                      2013                     1,381,843
                      2014                     2,718,727
                      2015                     7,326,283
                      2016                     4,966,824
                                              ----------
                                             $17,233,373
                                              ==========

NOTE 8:      SEGMENT REPORTING

The Company's reportable business segments are strategic business
units that Offer distinctive products and services that are marketed
through different channels.  They are managed separately because of
their unique technology, marketing and distribution requirements.

During the year ended September 30, 2000, the Company had three
reportable segments:  Commercial Printing, Computer Equipment Sales
and Information Technology Solutions.  The Commercial Printing segment
provided complete commercial web press printing services.  The
Computer Equipment Sales segment provided a full line of computer
hardware, software, network products and peripheral equipment.  The
Information Technology Solutions segment provides a full range of
Internet solutions, including creation, planning and design of Web
sites, intranets, extranets and custom internet-enabled application
software.  During the year ended September 30, 2001, the Company
discontinued operations of all segments except Commercial Printing.
Revenues from discontinued segments were $252,950 for the year ended
September 30, 2001.

The Company's accounting policies for segments are the same as those
described in the summary of significant accounting policies.
Management evaluates segment performance based on segment profit and
loss before income taxes and nonrecurring gains and losses.

A summary of the Company's segmented information for the year ended
September 30, 2001 is as follows:

                                             Commercial
                                              Printing
                                             ----------

        Net Sales to Unaffiliated Customers   1,581,982

        Interest Expense                         24,199

        Depreciation and Amortization           130,417

       Segment Profit (Loss)                (   548,069)

       Segment Assets                           430,657


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 8:      SEGMENT REPORTING (CONTINUED)

A summary of the Company's segmented information for the year ended
September 30, 2000 is as follows:

                         Segments
            Commercial     Computer      Information      Consolidated
             Printing  Equipment Sales  Technology  Other    Totals
            ---------- ---------------  ----------- ----- ------------
Net Sales to
 Unaffiliated
  Customers  $1,026,120    $456,045     $148,365   $44,280 $1,674,810

Interest
 Expense         99,129                                        99,129

Depreciation and
 Amortization    91,603       2,565        7,143        29    101,340

Segment
 Profit
 (Loss)      (  338,650) (  283,054)  (  363,038)   39,026 (  945,716)

Segment
 Assets       1,174,513      80,879      182,115    56,743  1,494,250

Expenditures
 for Segment
 Assets         958,920      69,617      131,845    14,629  1,175,011

Reconciliation of Segment Information to Consolidated Amounts:


Information for the Company's reportable segments relates to the
enterprise's consolidated totals as follows:

                                        2001                 2000
                                        ----                 ----
Revenues
Total Revenues for Reportable
 Segments                           $1,581,982          $ 1,674,810
                                     ---------            ---------
Total Consolidated Revenues          1,581,982          $ 1,674,810
                                     =========            =========
Profit or Loss
Total Profit or Loss for
 Reportable Segments                (  551,509)         $(  945,716)
Other Income (Expense)              (  158,281)          (  594,075)
General Corporate Expenses          (3,304,422)          (6,107,424)
                                     ---------            ---------
Net Loss from Continuing Operations (4,014,212)         $(7,647,215)
                                     =========            =========
Assets
Total Assets for Reportable
 Segments                          $   430,657          $ 1,494,250
General Corporate Assets not
 Attributed to Segments              3,608,255            4,379,089
                                     ---------            ---------
Total Consolidated Assets          $ 4,038,912          $ 5,873,339
                                     =========            =========


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 9:      RELATED PARTY TRANSACTIONS

During the years ended September 30, 2001 and 2000, a member of the
Board of Directors provided legal services in the amounts of $0 and
$135,196, respectively.

The Company leases building space to Specialized Solutions, Inc. under
three leases which expire in 2004.  The aggregate monthly payment is
$8,954.  Lease income amounted to $2,787 for the year ended September
30, 2001.

The Company has made advances to its President and majority
stockholder.  The Company holds a note receivable for these advances.
The note bears interest at 7%, and there are no specified repayment
terms for the principal balance.  The balances of these advances, less
the amounts repaid, are as follows:

                                          2001                2000

        Advances to Stockholder         $569,668            $596,756
        Less, Provision for Losses      (569,668)
                                         -------             -------
   Net Advances to Stockholder          $      0            $596,756
                                         =======            $=======

During the year ended September 30, 2001, the entire balance was
determined to be uncollectible and written off to bad debts.

NOTE 10:      STOCK OPTIONS

The Company issues stock options to its officers and directors as
compensation for their services.  The Company has elected to account
for these stock options using Accounting Principles Board Opinion No.
25, "Accounting for Stock Issued to Employees".  Compensation expense
is measured as the excess of the quoted market price of the stock over
the option price on the measurement date and charged to the period in
which the related services are performed.  Compensation charged to
operations amounted to $0 and $2,066,525 for the years ended September
30, 2001 and 2000, respectively.  The Company recognized a gain of
$1,526,932 for the year ended September 30, 2001 from the decline in
market price of outstanding stock options.

FASB Statement No. 123 requires pro forma disclosure of information
regarding net income and earnings per share determined as if the
Company has accounted for these stock options using the fair value
method of that Statement.  The pro forma information for September 30,
2001 and 2000 is as follows:

                                           2001                2000

       Pro Forma Net Loss             $(4,981,824)        $(6,937,757)
                                        =========           =========
       Pro Forma Net Loss
        per Common Share             $(     2.23)         $(    19.85)
                                       =========            =========

The estimated fair value of these stock options was calculated using
the Black-Scholes option pricing model.  The weighted-average fair
value of the options at their grant date and the  assumptions used in
the models are as follows:

     Weighted-Average Fair Value                        $  .53
     Risk-Free Interest Rate                              6.26%
     Dividend Yield                                          0
     Volatility Factor of Expected Market Price           3.22
     Weighted-Average Expected Life                          1


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 10:      STOCK OPTIONS (CONTINUED)

A summary of the Company's stock option activity and related
information is as follows:

                          2001                                   2000

                      Weighted-Average                Weighted-Average
                       Exercise Price                  Exercise Price
               Options         Per Share       Options       Per Share

Outstanding,
October 1         4,268,250         $.18           281,273        $.60
Granted                                          5,030,949         .20
Exercised                                       (1,043,972)        .42
                  ---------                      ---------
Outstanding,
 September 30     4,268,250         $.18         4,268,250        $.18
                  =========                      =========

All shares outstanding at September 30, 2001 are exercisable at prices
ranging from $.16 to $.27 with a weighted-average remaining
contractual life of three years.

NOTE 11:      CAPITALIZATION

In January 2000, the Company amended its articles of incorporation to
authorize 100,000,000 shares of common stock with a par value of
$.001.  In February 2000, the Company amended its articles of
incorporation to authorize 10,000,000 shares of preferred stock, with
rights and privileges to be determined by the Board of Directors.

Common stock receivable represents an amount due to the Company for
shares issued and outstanding at year-end.  The Company holds a note
receivable from its President for shares issued in connection with the
exercise of stock options.  The note bears interest at 7% and there
are no repayment terms specified for the principal balance.  During
the year ended September 30, 2001, the entire balance was determined
to be uncollectible and expensed to bad debts.

On November 13, 2000, the Board of Directors authorized a five-to-one
reverse stock split.  Subsequently, management determined that
approximately sixty-one million shares of common stock, which sold for
an approximate aggregate price of $4,150,000 following the November
13, 2000 reverse stock split, exceeded the Company's authorized shares
under state law.  Florida law requires written notice to stockholders
of a reverse split within thirty days, which was not given, and
stockholder approval for the Company to maintain its previously
authorized one hundred million shares of common stock following the
reverse split, which was not obtained.  Further, one director failed
to provide written consent to the reverse split, as required by law.
The Company filed for protection under Chapter 11 of the United States
Bankruptcy Code in April 2001, seeking ratification of the
authorization of the shares sold.  In November 2001, the Bankruptcy
Court approved the authorization of 300,000,000 shares of common stock
and a thirty-to-one reverse split.  All references in the accompanying
financial statements to the number of common shares and per share
amounts have been restated to reflect the stock spilt.

In October 2000, the Company designated 350 shares of authorized
preferred stock as Series A Convertible Preferred Stock.  Each share
has a stated and liquidating value of $10,000 and has no voting rights
except as stated below.  The shares participate on any dividend
declared on the Company's common stock.  The Series A Convertible
Preferred Stock is redeemable at the option of the Company at its
stated value plus a premium of 10% annually.  The shares are
convertible at the option of the holder after one year in a ratio
based on 50% of market price provided that a sufficient number of
common shares are available to effect the conversion.  In the event
such common shares are not available the preferred shares cease to be
redeemable and will be granted voting rights on an "as converted"
basis.

STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 11:      CAPITALIZATION (CONTINUED)

In November 2000, the Company designated 150 shares of authorized
preferred stock as Series B  Convertible Preferred Stock.  The shares
have the right to participate in dividends declared on common shares
on an "as converted" basis.  Each share has a stated and liquidating
value of $10,000 and has no voting rights except in the event the
Company fails to perform certain covenants or discharge certain
obligations as agreed.  The Company agreed to not declare any dividend
on, make any distribution to, or repurchase or redeem any class of
stock ranking junior to the Series B.  The shares may be redeemed at
the option of the company after one year for the redemption price of
$11,000 per share.  The shares are convertible at the option of the
holder after one year in a ratio based on 50% of market price.  The
Company is required to escrow not less than 125% of the largest number
of shares of common stock into which the outstanding preferred shares
can be converted.


NOTE 12:      COMMITMENTS AND CONTINGENCIES

On October 11, 2001, the Company modified the terms of its $2,125,000
mortgage note pursuant to an agreement approved by the Bankruptcy
Court.  The modification increased the interest rate from 6.51% to
10.51%.  The agreement requires a payment of $1,000,000 on December
20, 2001 and monthly payments of $25,000 commencing January 1, 2002.
The Company did not make the required payment and is in default of the
modified agreement.

In June 2001, the Company modified the terms of its 11%, $556,000
capital lease pursuant to an agreement approved by the Bankruptcy
Court.  The amended lease agreement does not meet the criteria to be
recorded as a capital lease, therefore a loss of $107,788 has been
recognized on the conversion.  The modified agreement, an operating
lease, requires five monthly payments at $7,500, then five monthly
payments at $10,000 commencing on August 1, 2001.  The Company has
failed to make the required payments and the Court has granted the
lessor relief from stay under the Chapter 11 filing.

In connection with the Chapter 11 filing, Tampa Bay Buccaneers, L.P.
has asserted a claim for $1,003,345 which is contested by the Company.
The matter is scheduled for trial on February 20, 2002.  Any
adjustments that might result from the resolution of this matter have
not been reflected in the financial statements.

The Company issued 20 shares of Series A preferred stock for
collateral as third-party guarantor on notes payable in the amount of
$200,000.  The notes mature on March 8, 2002.

The Company leased various office equipment under operating leases
with terms of less than one year.  Rent expense for these leases
amounted to $21,388 and $18,852 for the years ended September 30, 2001
and 2000, respectively.


NOTE 13:      CONCENTRATION OF CREDIT RISK

Financial instruments which potentially subject the Company to
concentration of credit risk consist principally of cash equivalents
and unsecured trade receivables.  The Company's cash equivalents are
maintained with financial institutions located in Florida.  The
Company holds no cash equivalent in excess of federally insured
limits.  The Company grants credit to customers, substantially all of
whom are located in Florida.  The Company's ability to collect these
receivables is dependent upon economic conditions in Florida and the
financial condition of its customers.


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 14:      EXTRAORDINARY GAINS

During the year ended September 30, 2001, the Company paid $41,772 to
stockholders for losses on their investment in the Company and legal
fees incurred in release of future claims.  The stockholders' claim
related to the fault in the Company's authorized shares and the five-
to-one reverse merger of November 2000.

During the years ended September 30, 2001 and 2000, the Company was
able to negotiate the settlement of certain debts that  were in
default for less than their carrying values.  These transactions
resulted in a gain from forgiveness of debt of $260,486 and $201,678
for the years ended September 30, 2001 and 2000,respectively.

In September 1998, the Company acquired Bright-Now, Inc., a printing
Company located in Tampa, Florida, in a business combination accounted
for as pooling-of-interests.  In November 1999, Bright-Now, Inc. filed
for reorganization under Chapter 11 of the United States Bankruptcy
Code.  In February 2000, the case was converted to Chapter 7
liquidation.  Operations ceased and the assets of Bright- Now, Inc.
were distributed to its creditors.  The liquidation resulted in a net
gain from disposal of a subsidiary acquired in a pooling-of-interests
of $1,116,988 for the year ended September 30, 2000.


NOTE 15:      PLAN FOR REORGANIZATION UNDER CHAPTER 11

On April 6, 2001, the Company's parent corporation, Stampede
Worldwide, Inc. (the Debtor) filed petitions for relief under Chapter
11 of the federal bankruptcy laws in the United States Bankruptcy
Court for the Middle District of Florida, Tampa Division, Case No. 01-
6240-8G1.  The filing was made necessary by the insolvency of the
Company due to the failure of its Internet, information technology and
computer resale subsidiaries and the inadvertent issue of common stock
that was not properly authorized under governing state law.  The
subsidiaries of the Company have not filed for bankruptcy protection.

Under Chapter 11, certain claims against the Debtor in existence prior
to the filing of the petitions are stayed while the Debtor continues
business operations as Debtor-in-possession.  These claims are
reflected in the September 30, 2001 Balance Sheet as "Liabilities
Subject to Compromise."  Additional claims may arise resulting from
the determination by the court of allowed claims for disputed amounts.
Claims secured against the Debtor's assets are also stayed although
the holders of such claims may ask the Court for relief from the stay.
Secured claims are secured primarily by liens on the Company's
property and equipment.

The Bankruptcy Court has approved payment of certain pre-petition
obligations, including employee wages, and retention of legal counsel
and financial professionals.  As a debtor-in-possession, the Company
is authorized to operate its business but may not engage in
transactions outside the ordinary course of business without the
approval of the Bankruptcy Court.  The Company has attempted to notify
all known or potential creditors of the Chapter 11 filing for the
purpose of identifying all pre-petition claims.

On November 9, 2001, the Bankruptcy Court entered its order confirming
the Company's plan of reorganization.  The plan provides for full
payment to secured creditors.  Unsecured creditors will be issued
3,000,000 shares of common stock of the reorganized corporation on a
pro rata basis in satisfaction of their claims.  Preferred
stockholders will be issued 500,000 shares of common stock to be
divided on a pro rata basis in satisfaction of their claims as
preferred stockholders.


STAMPEDE WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000


NOTE 15:      PLAN FOR REORGANIZATION UNDER CHAPTER 11 (CONTINUED)

The plan approves a thirty-to-one reverse stock split and cancellation
of the shares of holders of less than 100 shares after the split.  A
dividend of 2,500,000 shares of Specialized Solutions, Inc. common
stock is to be distributed to Stampede Worldwide, Inc. common
stockholders.

Condensed Financial Statements for Stampede Worldwide, Inc. as of
September 30, 2001, which is operating under Chapter 11, are as
follows:

Balance Sheet

Current Assets                           $    59,733
Property and Equipment                     3,172,770
Other Assets                                 207,793
Investments                                  113,182
Due from Affiliates                        2,463,304
                                           ---------
Total Assets                             $ 6,016,782
                                           =========

Current Liabilities                      $ 1,311,514
Long-Term Debt                             1,272,978
Liabilities Subject to Compromise            915,193
                                           ---------

Total Liabilities                          3,499,685
                                           ---------

Preferred Stock                              170,000
Common Stock                                  81,408
Additional Paid in Capital                18,542,548
Retained Earnings                        (16,276,859)
                                          ----------

Stockholders' Equity                       2,517,097
                                          ----------
Total Liabilities and Stockholders'
 Equity                                  $ 6,016,782
                                          ==========
Income Statement

Operating Expenses                      $( 3,304,422)

Other Expenses                           (   162,394)

Other Income                                   3,767

Loss on Discontinued Operations          (   173,129)

Reorganization Expenses                  (    67,746)

Extraordinary Gain                           127,279
                                          ----------
Net Loss                                $( 3,576,645)
                                          ==========


PART III

Item 9. Directors, Executive Officers, Promoters and Control Persons;
Compliance With Section 16(a) of the Exchange Act.

The names, ages and terms of office of directors and executive
officers of the Company are set forth in the following table:

Name                   Age      All positions with Company    Director
                                                               since
----------------------------------------------------------------------
John V. Whitman, Jr.   43          Director and President        1996
Jackson L. Morris      57          Director, General Counsel
                                        and Secretary            1996
Winston D. Carlee, Jr. 39          Chief Financial Officer       n/a
James W. Boggs*        61          Director                      2000
Sally I. McFolling*    48          Director                      2000
Donald D. Clark*       43          Director                      2000

*Resigned effective April 3, 2001.

Each director is elected by holders of a majority of the Common Stock
to serve for a term of one year and until his or her successor is
elected and qualified, which is generally at the next annual meeting
of stockholders.  Non-management directors are paid a cash fee of $500
per meeting and $150 per hour for time devoted to the Company's
business outside of directors' meetings, including committee meetings.
Directors also are issued 20,000 shares of common stock per year as
additional compensation for services, which are subject to surrender
pro rata for services of less than a year.  See Item 10" Executive
Compensation".  Officers serve at the will of the board.  The Company
may indemnify directors and officers against damages which qualify, in
the opinion of the disinterested members of the board, for
indemnification under Florida law and the Company's Bylaws.  Insofar
as indemnification for liabilities arising under the Securities Act of
1933 may be permitted to directors, officers or persons controlling
the Company pursuant to Florida law, the Company has been informed
that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Act and
is therefore unenforceable.

John V. Whitman, Jr., is the founder, director and president of the
Company since inception.  In February and March 1996, Mr. Whitman was
planning for a business which became the Company.  From September 1,
1995 into February 1996, Mr. Whitman was the President of Southwest
Georgia Shoppers, Inc., a subsidiary of Gray Communications Systems,
Inc., a New York Stock Exchange listed company, (trading symbol GCS)
which had purchased the assets of Phillips Publishing, Inc. owner of
the Tallahassee Advertiser, The Add Sheet, The South Georgia News and
Shopper and The Gadsden News and Shopper.  During his brief tenure
with Southwest Georgia Shoppers, Inc., Mr. Whitman was assigned the
additional responsibilities of president of the Rockdale Citizen
Publishing Company, the owner of the Gwinnett Daily Post and The
Rockdale Citizen.  Mr. Whitman was the vice president and publisher of
Phillips Publishing, Inc. from October 1992 to August 1995.  Mr.
Whitman founded The South Georgia News and Shopper and The Gadsden
News and Shopper for Phillips Publishing, Inc.  Mr. Whitman managed
thirty-eight full time and forty-three part time employees and
exercised full management and financial responsibility for Phillips
Publishing, Inc.'s operations.  He also served as a consultant and
motivational speaker to other Phillips publishing divisions.  For
seven months in 1992, Mr. Whitman was employed by Southeast Publishing
Ventures in the capacity of District Manager, in which he launched a
new housing guide for the Treasure Coast of Florida and turned around
a new housing guide for the Orlando, Florida market.  In 1991 and
1992, Mr. Whitman was engaged in consulting in the publishing industry
and efforts to acquire a print media company for his own account.  Mr.
Whitman attended Hillsborough Community College and the University of
South Florida.

Jackson L. Morris, Esq., a director and general counsel of the Company
since inception and corporate secretary since August 23, 1998, is an
attorney in private practice since 1975.  Mr. Morris' law practice is
primarily in the areas of general corporate, securities and contract
law.  Mr. Morris is a member of The Florida Bar, The State Bar of
Georgia (inactive) and The District of Columbia Bar.  He is admitted
to practice before the United States Tax Court and Supreme Court of
the United States of America.  Mr. Morris earned a B.A. degree in
economics (1966) and a Juris Doctor degree (1969) from the Emory
University in Atlanta, Georgia and a L.L.M. degree in federal taxation
(1974) from Georgetown University Law Center.  The U.S. Securities and
Exchange Commission had brought a civil suit against Mr. Morris and
others alleging that he sold 50,000 shares common stock in violation
of the registration requirements of the Securities Act.  Mr. Morris
received the shares as compensation for services rendered in
connection with a shell company reverse merger and pursuant to a legal
opinion that the shares were not restricted.  The suit sought an
injunction and penalty against Mr. Morris.

Winston D. Carlee, Jr., has been the Company's Chief Financial Officer
beginning November 2000.  Mr. Carlee is a certified public accountant
with experience in auditing.  From June 2000 to the time of joining
the Company, Mr. Carlee was employed by Pender Newkirk & Company,
Tampa, Florida as an audit manager.  From December 1998 to June 2000,
he was employed by KGMP Consulting in their New York City Office, as a
financial systems consultant in the state and local government sector.
From November 1989 to December 1998, Mr. Carlee was employed in
auditing at the Company's independent auditor, Bella, Hermida,
Gillman, Hancock & Mueller, certified public accountants.  Mr. Carlee
earned a B.A. degree (1987) in accounting from the University of West
Florida.

James W. Boggs had been a director of the Company since September
2000.  He was a member of the Audit Committee.  For the past fifteen
years, Mr. Boggs has owned and operated Swiss Chalet Travel Agency &
Gift Shop and the Tampa Bay Visitors Information Center, both in
Tampa, Florida.  Mr. Boggs has served as president of several chambers
of commerce and a director of the Florida Jaycees.  He resigned as a
director on April 3, 2001.

Sally I. McFolling had been a director of the Company since September
2000.  She was a member of the Audit Committee.  Ms. McFolling is the
Tampa Division President of David Weekly Homes.  She joined the David
Weekly Homes organization in 1994, serving as its Orlando Sales
Consultant and later as Sales Coach/Manager for Florida markets.  She
earned a B.S. degree (1975)in biology from Wesleyan College in Macon,
Georgia.  She resigned as a director on April 3, 2001.

Donald D. Clark, had been a director of the Company since September
2000.  He was a member of the Audit Committee.  Mr. Clark has
practiced law for more than the past five years.  He is presently
employed by Brown Clark, attorneys in Sarasota, Florida, of which he
is a founding member.  Brown Clark employs 10 attorneys.  Mr. Clark
practice includes construction, surety, lien, commercial, condominium
and condemnation law.  Mr. Clark is a member of the Florida Bar and is
admitted to practice U.S. District Court for the Middle District of
Florida and the Eleventh Circuit Court of Appeals.  Mr. Clark earned a
B.S. degree (1981) in finance from the University of Florida and a
Juris Doctor degree (1985) from Mercer University School of Law in
Macon, Georgia.  He resigned as a director on April 3, 2001.

Item 10. Executive Compensation:

The following table sets forth the compensation paid during the three
fiscal years ended September 30, 2001 to Mr. Whitman, as the Company's
chief executive officer.

                                                        Securities
                  Fiscal                                underlying
Name               Year    Salary      Bonus    Other     options
---------------   ------  --------     -----    -----    ----------
John V. Whitman, Jr.1999  $175,000   $1,144,291$  0       534,164* (2)
  Chairman of the   2000  $175,000(1)$1,813,236$  0     4,198,860* (2)
  Board and         2001  $175,000(1)$   0     $569,668(4)      0* (3)
  President

(1)  Mr. Whitman's salary includes for the year ended September 30,
2001 and 2000,$60,500 and $36,000 in cash salary, respectively and a
$114,500 and $139,000 reduction in Receivable due from Shareholder.
(2)  The Company granted an evergreen option to Mr. Whitman in May
1998 which enabled Mr. Whitman to maintain approximately 21.805
percent of the Company's stock at all times, subject to exercise of
the option from time to time.  The exercise price during the
respective years following date of grant is a percentage of the
average bid and asked quotation (or closing price) on the day prior to
exercise, as follows:  twelve months beginning May 1998 - 20%; second
twelve months - 30%; third twelve months - 40%; and, thereafter -
50%.  Mr. Whitman agreed to termination of this option on September
30, 2000 with respect to any shares to which it might entitle him
after the termination date.  At September 30, 2000, the maximum number
of shares Mr. Whitman is entitled to purchase under the options is
3,549,844*.  The options expire on September 30, 2003.
Mr. Whitman has exercised stock options during the twelve months ended
September 30, 2000, as follows:
(3)  Subsequent to the fiscal year ended 2001, the options were
surrendered to the Company by Mr. Whitman as part of the plan of
reorganization approved by the bankruptcy court on November 9, 2001.

(a) 649,016* shares of common stock on January 28, 2000, at an
exercise price of $.60* per share and with a fair market value at the
time of exercise of $1.13.
(b) 206,691* shares of common stock on October 15, 1999 at an exercise
price of $.57 per share and with a fair market value at the time of
exercise of $1.90.
(4)  Other compensation represents due from shareholders amounts that
were written-off for the year ended September 30, 2001.

*Adjusted for the share combination pursuant to a court order under
the plan of reorganization.

Certain Transactions With Management And Others

The Company makes advances to and receives advances from Mr. Whitman
its President and Chief Executive Officer in the normal course of
business.  The amount of these advances due to the Company
approximates $0 and $596,766 at September 30, 2001 and 2000,
respectively.  For the fiscal year ended 2001, the Company deemed the
advances uncollectible and has written it off as a bad debt.
Previously, the Company held a note receivable for these advances.
The note had a stated interest rate of 7% and there were no specified
repayment terms for the principal balance.  Also, the Company held a
note receivable from its President for shares issued in connection
with the exercise of stock options.  The note had a stated interest
rate of 7% and had no repayment terms specified for the principal
balance.  The Company also deemed this note has being uncollectible
and has written it off as a bad debt for the year ended September 30,
2001.

During the fiscal year ended 2000, Mr. Morris exercised his options
for 113,683* shares of common share and with a fair market value at
the time of exercise of $1.20.  On October 15, 1999, he exercised his
options for 74,582* shares of common stock at an exercise price of
$.95 and with a fair market value at the time of exercise of $1.90.
Mr. Morris was granted options in August 1998 which entitled him to
maintain five percent of the Company's issued and outstanding commons
stock at any time. The exercise price is one half of the average bid
and asked quotations on the date of exercise.  Mr. Morris agreed to
termination of this option on September 30, 2000 with respect to any
shares to which it might entitle him after the termination date.  At
September 30, 2000, the maximum number of shares Mr. Morris was
entitled to purchase under the options was 23,947*.  Subsequent to the
fiscal year ended 2001, the options were surrendered to the Company by
Mr. Morris as part of the plan of reorganization approved by the
bankruptcy court on November 9, 2001.

In February 2001, the Company issued 8,333* common shares to Winston
D. Carlee, Jr. as an performance bonus for his actions as Chief
Financial Officer.

*Adjusted for the share combination pursuant to a court order under
the plan of reorganization.

Item 11. Security Ownership of Certain Beneficial Owners and Management.

The names of directors and officers and the name of each person who
owns legally and beneficially more than five percent of the Company's
issued and outstanding common stock at the date of this filing, the
address of each such person, the number of shares which each owns and
the percentage of the common stock represented by such shares
(assuming in each case the exercise of Common Stock Purchase Options
held by all such persons), before and after the Offering (assuming all
Shares are sold) is set forth in the following table.

All ownership is both legal and beneficial unless otherwise indicated
and includes shares subject to the exercise of common stock purchase
options.  See "Selling Stockholders".

                         Number of Shares
                          Before sale of            %
Name                          Shares*            Ownership
---------------------    ----------------        ---------
James Boggs (1)                    667             (1)
Winston D. Carlee, Jr. (1)       8,333             (1)
Donald D. Clark (1)                667             (1)
Sally McFolling (1)                667             (1)
Jackson L. Morris (1)           33,619             1.24
John V. Whitman, Jr. (2)(3)     23,967             (1)
All directors and officers
as a group  (7 persons)         67,920             2.50

(1)Less than one percent
(2)  The address of all directors and officers is the address of
the Company.
(3)  Mr. Whitman Shares legal ownership of 3,208* shares, as adjusted,
with his wife.

*Adjusted for the share combination pursuant to a court order under
the plan of reorganization.

Item 12. Certain Relationships and Related Transactions.

See Item 10, above, and Notes 9 and 11 to the Financial Statements
included elsewhere herein for advances made and subsequently written-
off by the Company to Mr. Whitman, its President and Chairman.

During the years ended September 30, 2001 and 2000, Jackson Morris, a
member of the Board of Directors provided legal services in the
amounts of $0 and $135,196, respectively.

Item 13. Exhibits and Reports on Form 8-K.

(a) Exhibits:

3(a)  Articles of Incorporation, as amended, incorporated by reference to
Registration Statement on Form SB-2, Commission File No. 333-34283 and 333-
90503 and Annual Report on Form 10-KSB for the fiscal year 1998.

3(b)  Bylaws, incorporated by reference to the Registration Statement on
Form SB-2, Commission File No. 333-34283.

21  Subsidiaries of the Company.

 (b) Reports on Form 8-K.   The Company did not file any reports on Form 8-K
during the last three months of the period covered by this annual report.

SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

Stampede Worldwide, Inc.
By: /s/ John V. Whitman, Jr.
Date signed:  January 11, 2002
President and Chief Executive Officer


Signature                    Capacity in which signed:        Date signed:
---------------------------- ------------------------         ------------

/s/ John V. Whitman, Jr.           Director,
John V. Whitman, Jr.        Chief Executive Officer,       January 11, 2002

/s/ Winston D. Carlee, Jr.      Chief Financial Officer    January 11, 2002
Winston D. Carlee, Jr.

EXHIBIT INDEX

21  Subsidiaries of the Company


EXHIBIT 21  Subsidiaries of the Company

The Subsidiaries of the Company during the period covered by the related
annual report on Form 10-KSB are:

Chronicle Commercial Printing, Inc.

Stampede Network.Com, Inc.

Spiderscape.Com, Inc.

i-Academy, Inc., (As of August 8, 2001, the Company owns less than fifty
percent of the issued and outstanding stock of this company.)

Americomp Computers, Inc., a Texas corporation (wholly owned)

EXHIBIT 23  Consent of certifying auditor

EXHIBIT 23.2   CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

As independent public accountants, we hereby consent to the incorporation by
reference of our report dated December 23, 2001 relating to our audits of the
September 30, 2001 and 2000 financial statements included in this Form 10KSB,
into the Company's previously filed Registration Statements on Form SB-2.


Bella, Hermida, Gillman, Hancock & Mueller

/s/ Bella, Hermida, Gillman, Hancock & Mueller
Plant City, Florida
January 13, 2002