UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

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

                For the quarterly period ended: October 31, 2000
                                                ----------------

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


                        Commission file number: 000-20688

                              Datatec Systems, Inc.
                              ---------------------
             (Exact name of Registrant as specified in its charter)

            Delaware                                       94-2914253
------------------------------------                 ---------------------------
(State or other jurisdiction of                         (I.R.S. Employer
incorporation or organization)                          Identification No.)


23 Madison Road, Fairfield, NJ                                 07004
------------------------------                       --------------------------
(Address of principal executive                             (Zip Code)
offices)

                                 (973) 808-4000
                        ---------------------------------
               Registrant's telephone number, including area code


Check whether the Registrant  (1) has filed all reports  required to be filed by
Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during the past 12
months (or for such shorter period that the Registrant was required to file such
reports) and (2) has been subjected to such filing  requirements for the past 90
days. Yes /X/ No / /.

The number of shares of  Registrant's  Common Stock  outstanding  on October 31,
2000 was 33,595,815.


<PAGE>

                              DATATEC SYSTEMS, INC.
                                    FORM 10-Q
                       THREE MONTHS ENDED OCTOBER 31, 2000


                                      INDEX




PART I:   FINANCIAL INFORMATION

                                                                       Page
          Item 1:  Consolidated Financial Statements

                   Balance Sheets at April 30, 2000 and
                   October 31, 2000                                      3

                   Statements of Operations for the three months ended
                   October 31, 1999 and 2000                             4

                   Statements of Comprehensive Income for the
                   three months ended October 31, 1999 and 2000          5

                   Statements of Operations for the six months ended
                   October 31, 1999 and 2000                             6

                   Statements of Comprehensive Income for the
                   six months ended October 31, 1999 and 2000            7

                   Statements of Cash Flows for the six months ended
                   October 31, 1999 and 2000                             8

                   Notes to Unaudited Consolidated Financial Statements  9-12

          Item 2:  Management's Discussion and Analysis of Financial
                   Condition and Results of Operations                   13-14


PART II:  OTHER INFORMATION

          Item 6:  Exhibits and Reports on Form 8-K                      15


                                       2
<PAGE>

                              DATATEC SYSTEMS, INC.
                           CONSOLIDATED BALANCE SHEETS

<TABLE>
<CAPTION>

                                                                                 October  31, 2000
                                                            April 30, 2000           (unaudited)
                                                            --------------       ------------------

ASSETS

CURRENT ASSETS:

<S>                                                         <C>                <C>
   Cash and cash equivalents                                $  10,077,000      $        5,505,000
   Receivables, net                                            23,849,000              37,383,000
   Inventory                                                    5,129,000               5,803,000
   Prepaid expenses and other current assets                    1,301,000               1,182,000
                                                           ---------------     -------------------

               Total current assets                            40,356,000              49,873,000

Property and equipment, net                                     5,169,000               5,656,000
Goodwill, net                                                   3,102,000               2,883,000
Other assets                                                    6,435,000               7,008,000
                                                           ---------------     -------------------

               Total assets                                 $  55,062,000      $       65,420,000
                                                           ===============     ===================

LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES:

   Short-term borrowings                                    $   9,070,000      $       13,476,000
   Current portion of long-term debt                              776,000                 402,000
   Accounts payable                                             9,480,000              14,212,000
   Accrued and other liabilities                                3,482,000               4,703,000
   Due to related parties                                       1,390,000               1,390,000
                                                           ---------------     -------------------

               Total current liabilities                       24,198,000              34,183,000
                                                           ---------------     -------------------

Long-term debt                                                    226,000                 111,000
                                                           ---------------     -------------------
                                                                9,593,000               9,634,000
Minority interest

Shareholders' equity:
   Common stock                                                    33,000                  33,000
   Additional paid-in capital                                  42,268,000              42,919,000
   Accumulated deficit                                        (20,908,000)            (21,110,000)
   Accumulated comprehensive loss                                (348,000)               (350,000)
                                                           ---------------     -------------------

      Total shareholders' equity                               21,045,000              21,492,000
                                                           ---------------     -------------------

       Total liabilities and shareholders' equity           $  55,062,000      $      65,420,000
                                                           ===============     ===================
</TABLE>


      The accompanying notes to unaudited consolidated financial statements
             are an integral part of these consolidated statements.

                                       3
<PAGE>

                              DATATEC SYSTEMS, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (unaudited)

<TABLE>
<CAPTION>

                                                             For the Three Months Ended
                                                                     October 31,
                                                          ------------------------------
                                                            1999                2000
                                                          -----------       ------------

<S>                                                       <C>               <C>
Revenues                                                  $25,503,000       $ 32,696,000

Cost of revenues                                           15,846,000         20,705,000
                                                          ------------      -------------

Gross profit                                                9,657,000         11,991,000

Selling, general and administrative expenses                8,360,000         10,721,000
                                                          ------------      -------------

Operating income                                            1,297,000          1,270,000

Interest expense                                              474,000            377,000
                                                          ------------      -------------
Income before minority interest                               823,000            893,000

Minority interest                                                 ---          (170,000)
                                                          ------------      -------------

Net income                                                $   823,000       $    723,000
                                                          ============      =============

 Income per share (Note 3):
 Basic and diluted:

 Net income                                               $       .03       $        .02
                                                          ============      =============


 WEIGHTED AVERAGE COMMON SHARES - BASIC                    31,232,000         33,567,000
                                                          ============      =============

  WEIGHTED AVERAGE COMMON AND COMMON
    EQUIVALENT SHARES  - DILUTED                           31,956,000         34,403,000
                                                          ============      =============
</TABLE>

      The accompanying notes to unaudited consolidated financial statements
             are an integral part of these consolidated statements.

                                       4
<PAGE>

                              DATATEC SYSTEMS, INC.
                 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
                                   (unaudited)
<TABLE>
<CAPTION>

                                                               For the Three Months Ended
                                                                        October 31,
                                                             ----------------------------
                                                                 1999              2000
                                                             -----------       ----------

<S>                                                          <C>               <C>
     Net Income                                              $  823,000        $ 723,000

     Other comprehensive loss-
        Foreign currency translation adjustment                  (3,000)          (2,000)
                                                             -----------      -----------


     Comprehensive income                                    $  820,000       $  721,000
                                                             ===========      ===========
</TABLE>


      The accompanying notes to unaudited consolidated financial statements
             are an integral part of these consolidated statements.

                                       5
<PAGE>

                              DATATEC SYSTEMS, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (unaudited)
<TABLE>
<CAPTION>

                                                                   For the Six Months Ended
                                                                         October 31,
                                                            ---------------------------------
                                                                 1999               2000
                                                            -------------        ------------


<S>                                                         <C>                  <C>
Revenues                                                    $ 51,059,000         $ 57,359,000

Cost of revenues                                              31,761,000           35,900,000
                                                            -------------      ---------------

Gross profit                                                  19,298,000           21,459,000

Selling, general and administrative expenses                  16,720,000           20,617,000
                                                            -------------      ---------------

Operating income                                               2,578,000              842,000

Interest expense                                                 911,000              703,000
                                                            -------------      ---------------
Income before minority interest                                1,667,000              139,000

Minority interest                                                    ---            (341,000)
                                                            -------------      ---------------

Net income (loss)                                           $  1,667,000         $  (202,000)
                                                            =============      ===============

Income per share (Note 3):

Basic:                                                      $        .05         $      (.01)
                                                            =============      ===============

Diluted:                                                    $        .05         $      (.01)
                                                            =============      ===============


 WEIGHTED AVERAGE COMMON SHARES - BASIC                       30,959,000           33,515,000
                                                            =============      ===============

  WEIGHTED AVERAGE COMMON AND COMMON
   EQUIVALENT SHARES  - DILUTED                               31,687,000           33,515,000
                                                            =============      ===============
</TABLE>

      The accompanying notes to unaudited consolidated financial statements
             are an integral part of these consolidated statements.

                                       6
<PAGE>

                              DATATEC SYSTEMS, INC.
             CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
                                   (unaudited)
<TABLE>
<CAPTION>

                                                        For the Six Months Ended
                                                                October 31,
                                                      ---------------------------------
                                                           1999               2000
                                                      --------------     --------------

<S>                                                   <C>                <C>
     Net Income (loss)                                $  1,667,000        $   (202,000)

     Other comprehensive loss-
        Foreign currency translation adjustment             (3,000)             (2,000)
                                                      -------------      ---------------


     Comprehensive income (loss)                      $  1,664,000        $   (204,000)
                                                      =============      ==============
</TABLE>


      The accompanying notes to unaudited consolidated financial statements
             are an integral part of these consolidated statements.






                                       7


<PAGE>

                              DATATEC SYSTEMS, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (unaudited)

<TABLE>
<CAPTION>

                                                                                            For the Six Months Ended
                                                                                                  October 31,
                                                                                -------------------------------------------------
                                                                                         1999                          2000
                                                                                ------------------          ---------------------
   Cash Flows From Operating Activities

<S>                                                                             <C>                         <C>
  Net income (loss)                                                             $       1,667,000           $          (202,000)

    Adjustments to reconcile net income to net cash used in
    operating activities --

       Depreciation and amortization                                                    1,601,000                     2,345,000

       Accretion of preferred discount                                                        ---                        41,000

       Changes in operating assets and liabilities:

           Increase in accounts receivable                                             (4,247,000)                  (13,534,000)

           Increase in inventory                                                         (451,000)                     (674,000)

           Decrease (increase) in prepaid expenses and other assets                       100,000                    (1,466,000)


           Decrease in net assets held from discontinued

            operations                                                                    447,000                           ---

         (Decrease) increase in accounts payable, accrued and
         other liabilities                                                               (580,000)                    5,953,000
                                                                                -------------------     -----------------------

       Net cash used in operating activities                                           (1,463,000)                   (7,537,000)
                                                                                -------------------     -----------------------

Cash flows from investing activities:

       Purchases of property and equipment                                               (962,000)                   (1,601,000)
                                                                                -----------------       -----------------------

       Net cash used in investing activities                                             (962,000)                   (1,601,000)
                                                                                -------------------     -----------------------

Cash flows from financing activities:

        Net increase in short-term borrowings                                           2,922,000                     4,406,000

        Net payments of indebtedness                                                     (862,000)                     (489,000)

         Net proceeds from common stock/warrant issuances                                 273,000                       651,000
                                                                                -------------------     -----------------------

              Net cash provided by financing activities                                 2,333,000                     4,568,000

              Net effect of foreign currency translation on cash                           (3,000)                       (2,000)
                                                                                -------------------     -----------------------

              Net decrease in cash                                                        (95,000)                   (4,572,000)

Cash at beginning of period                                                               234,000                    10,077,000
                                                                                -------------------     -----------------------

Cash at end of period                                                           $         139,000          $          5,505,000
                                                                                ===================     =======================
</TABLE>

      The accompanying notes to unaudited consolidated financial statements
             are an integral part of these consolidated statements.


                                       8
<PAGE>

                              DATATEC SYSTEMS, INC.
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

(1)    Business

       Datatec Systems,  Inc. and its subsidiaries  (the "Company" or "Datatec")
are in the  business  of  providing  rapid and  accurate  technology  deployment
services and licensing software tools to support  enterprises in the delivery of
complex IT solutions.

(2)    Basis of Presentation

       The consolidated financial statements include the accounts of the Company
and its  subsidiaries.  All  intercompany  accounts and  transactions  have been
eliminated.

       The accompanying  unaudited  consolidated  financial statements have been
prepared in conformity with generally accepted accounting  principles consistent
with those  applied  in, and should be read in  conjunction  with,  the  audited
financial  statements for the year ended April 30, 2000.  The interim  financial
information is unaudited,  but reflects all normal  recurring  adjustments  that
are, in the opinion of management, necessary for a fair statement of results for
the interim  periods  presented.  The results for the three months ended October
31, 2000 are not  necessarily  indicative  of the results  expected for the full
fiscal year.

(3)    Earnings per share

       Basic earnings per share is calculated  using the weighted average number
of shares outstanding for the three months and six months ended October 31, 1999
and 2000.  Diluted  earnings per share is calculated  using the weighted average
number  of  shares   outstanding  plus  the  incremental   shares  from  assumed
conversions  of options,  debt and  preferred  stock for the three month and six
months ended October 31, 1999 and 2000.

(4)    Supplemental Disclosure of Cash Flows

       Cash paid during the six months ended October 31:

                                              1999                2000
                                         --------------      ---------------
                    Interest Paid          $ 746,000           $ 478,000



                                       9
<PAGE>

(5)    Segment Information

For the Three Months Ended October 31, 2000
<TABLE>
<CAPTION>

                     -----------------------------------------------------------------------------
                                                        2000
                     -----------------------------------------------------------------------------
                         Deployment
                          Services           eDeploy         Eliminations      Consolidated
                     -----------------------------------------------------------------------------
<S>                    <C>                  <C>             <C>               <C>
Revenues               $32,158,000          $834,000        ($296,000)        $32,696,000

Cost of
Revenues                20,649,000           352,000         (296,000)         20,705,000
                     ------------------------------------------------------------------------

Gross Profit            11,509,000           482,000               ---         11,991,000

SG&A Expenses            8,971,000         1,750,000               ---         10,721,000
                     ------------------------------------------------------------------------

Operating
Income                   2,538,000       (1,268,000)               ---          1,270,000

Interest expense,
net                        132,000           265,000          (20,000)            377,000
                     ------------------------------------------------------------------------

Income before
Minority Interest        2,406,000       (1,533,000)            20,000            893,000

Minority Interest              ---               ---           170,000            170,000
                     ------------------------------------------------------------------------

Net Income               2,406,000       (1,533,000)         (150,000)            723,000
=============================================================================================
</TABLE>
<TABLE>
<CAPTION>

                     ----------------------------------------------------------------------
                                                              1999
                     ----------------------------------------------------------------------
                        Deployment
                         Services          eDeploy      Eliminations    Consolidated
                     ----------------------------------------------------------------------
<S>                  <C>                  <C>                   <C>      <C>
Revenues             $25,024,000          $479,000              $0       $25,503,000

Cost of
Revenues              15,746,000           100,000             ---        15,846,000
                     ----------------------------------------------------------------

Gross Profit           9,278,000           379,000             ---         9,657,000

SG&A Expenses          7,919,000           441,000             ---         8,360,000
                     ----------------------------------------------------------------

Operating
Income                 1,359,000          (62,000)             ---         1,297,000

Interest expense,
net                      184,000           290,000             ---           474,000
                     ----------------------------------------------------------------

Income before
Minority Interest      1,175,000         (352,000)             ---           823,000

Minority Interest            ---               ---             ---                $0
                     ----------------------------------------------------------------

Net Income             1,175,000         (352,000)             ---           823,000
=====================================================================================
</TABLE>


                                       10
<PAGE>

<TABLE>
<CAPTION>

For the Six Months Ended October 31, 2000

                     -------------------------------------------------------------------------
                                                        2000
                     -------------------------------------------------------------------------
                         Deployment
                          Services          eDeploy          Eliminations       Consolidated
                     -------------------------------------------------------------------------
<S>                    <C>                <C>                 <C>              <C>
Revenues               $55,742,000        $1,951,000          ($334,000)       $57,359,000

Cost of
Revenues                35,540,000           694,000           (334,000)        35,900,000
                     -------------------------------------------------------------------------

Gross Profit            20,202,000         1,257,000                 ---        21,459,000

SG&A Expenses           17,458,000         3,159,000                 ---        20,617,000
                     -------------------------------------------------------------------------

Operating
Income                   2,744,000       (1,902,000)                 ---           842,000

Interest expense,
net                        252,000           492,000            (41,000)           703,000
                     -------------------------------------------------------------------------
Income before
Minority Interest        2,492,000       (2,394,000)              41,000           139,000

Minority Interest              ---               ---           (341,000)         (341,000)
                     -------------------------------------------------------------------------

Net Income               2,492,000       (2,394,000)           (300,000)         (202,000)
                     =========================================================================
</TABLE>
<TABLE>
<CAPTION>

                     ---------------------------------------------------------------------
                                                    1999
                     ---------------------------------------------------------------------
                       Deployment
                        Services          eDeploy      Eliminations    Consolidated
                     ---------------------------------------------------------------------
<S>                  <C>                <C>                     <C>      <C>
Revenues             $50,520,000        $  539,000              $0       $51,059,000

Cost of
Revenues              31,560,000           201,000             ---        31,761,000
                     ----------------------------------------------------------------

Gross Profit          18,960,000           338,000             ---        19,298,000

SG&A Expenses         15,546,000         1,174,000             ---        16,720,000
                     ----------------------------------------------------------------

Operating
Income                 3,414,000         (836,000)             ---         2,578,000

Interest expense,
net                      352,000          559,000              ---           911,000
                     ----------------------------------------------------------------
Income before
Minority Interest      3,062,000       (1,395,000)             ---         1,667,000

Minority Interest            ---               ---             ---                $0
                     ----------------------------------------------------------------

Net Income             3,062,000       (1,395,000)             ---         1,667,000
                     ================================================================
</TABLE>


                                       11

<PAGE>


(6) Reclassifications

Certain prior year amounts have been reclassified to conform to the current year
financial statement presentation.

(7) Subsequent Event

In November  2000,  the  Company  replaced  its  current  lender with IBM Credit
Corporation.  The new  financing  agreement  calls  for a  $3,000,000  term loan
representing an increase of  approximately  $3,000,000  over previous  financing
bearing  interest  at the prime  rate  plus 75 basis  points  and a  $18,000,000
revolving line  representing an increase of $3,000,000  over previous  financing
bearing  interest  at the prime  rate plus 25 basis  points.  The new  financing
represents  a decrease of 75 basis  points and 50 basis points for the term loan
and  revolving  line  of  credit,  respectively,  as  compared  to the  previous
financing.





                                       12
<PAGE>


                              DATATEC SYSTEMS, INC.
                         PART I - FINANCIAL INFORMATION


Item 2:     Management's Discussion and Analysis of Financial Condition and
            Results of Operations

Results of  Operations - For the Three  Months and Six Months Ended  October 31,
2000

            Revenues.  Revenues for the three and six months  ended  October 31,
2000 were  $32,696,000 and  $57,359,000  compared to $25,503,000 and $51,059,000
for the three and six months ended October 31, 1999, respectively,  representing
an  increase  of 28.2% and an  increase  of 12.3% for the three and six  months,
respectively.  Included in revenues for the three and six months  ended  October
31, 2000 were eDeploy.com revenues of $538,000 and $1,617,000, respectively, net
of eliminating  intercompany  revenues.  Intercompany revenues were $296,000 and
$334,000 for  eDeploy.com  for the three and six months ended  October 31, 2000,
respectively.

            Gross  Profit.  Gross  profits  for the three and six  months  ended
October 31, 2000 were  $11,991,000  and  $21,459,000  compared to $9,657,000 and
$19,499,000  for the three and six months ended October 31, 1999,  respectively.
Gross  profits as a  percentage  of net sales were 36.7% and 37.4% for the three
and six months ended  October 31, 2000 compared to 37.9% and 38.2% for the three
and six months  ended  October 31,  1999,  respectively.  The  decrease in gross
margin  percentage  is  primarily   attributable  to  greater  material  content
associated with three major projects,  as well as the increase in  eDeploy.com's
amortization of development costs.

            Selling, general and administrative  expenses.  Selling, general and
administrative expenses for the three and six months ended October 31, 2000 were
$10,721,000  and  $20,617,000  compared to $8,359,000 and  $16,921,000,  for the
three and six months ended  October 31, 1999,  respectively.  As a percentage of
sales, selling, general and administrative expenses were 32.8% and 35.9% for the
three and six months ended October 31, 2000, compared to 32.8% and 33.1% for the
three and six months  ended  October 31,  1999,  respectively.  The  increase in
selling,  general  and  administrative  expenses  as a  percentage  of  sales is
primarily  attributable  to the Company's  continued  investment in eDeploy.com.
Included in selling,  general and administrative  expenses for the three and six
months  ended  October 31, 2000 were  eDeploy.com  expenses  of  $1,750,000  and
$3,159,000,  respectively.  In the  previous  fiscal year, selling,  general and
administrative  expenses  were  $441,000  and  $1,174,000,   respectively,   for
eDeploy.com.

            Interest expense.  Net interest expense for the three and six months
ended  October 31,  2000 was  $377,000  and  $703,000  compared to $475,000  and
$911,000, for the three and six months ended October 31, 1999, respectively. The
reduction in interest  expense was primarily  the result of two factors.  First,
prior periods  included  amortization  of debt  issuance  costs which were fully
amortized by the end of fiscal year 2000.  Secondly,  since the  Company's  loan
with the  current  lender  was in its final  stages,  payments  made  during the
current period consisted mainly of principal.

Reclassifications

            Certain prior year amounts have been  reclassified to conform to the
current year financial statement presentation.

                                       13

<PAGE>

Financial Position

            During  the  six  months  ended  October  31,  2000,  cash  used  in
operations was $7,537,000,  compared to $1,463,000  during the comparable period
in fiscal  2000.  This is primarily  due to the increase in accounts  receivable
partially  offset by higher accounts  payable  associated with the growth in the
business, as well as operating losses at eDeploy.com.

            Cash used for investing activities during the first six months ended
October 31, 2000 was  $1,601,000  compared  to  $962,000  during the  comparable
period  in  fiscal  2000.   This  increase  is  primarily  due  to  the  capital
expenditures associated with the growth in eDeploy.com.

            Cash  provided by financing  activities  during the six months ended
October 31, 2000 was $4,568,000  compared to $2,333,000 in the comparable period
in fiscal 2000 due to increased  borrowings  and  decreased  repayments of debt.
Included in the current  period is the  increase in  borrowing  from our current
lender and the net  proceeds  of  $651,000  from the  issuance  of common  stock
related to the exercise of stock options and purchases  under the employee stock
purchase plan.

            At  October  31,  2000,  total  debt  was  $13,976,000  compared  to
$10,072,000 at April 30, 2000.

            The Company's  working capital  decreased from  $16,158,000 at April
30, 2000 to  $15,690,000  at October 31, 2000  primarily  due to the increase in
accounts  receivable and accounts  payable.  Subsequent to October 31, 2000, the
Company  collected  approximately  $11,000,000  in the month of  November  which
improved the Company's working capital.


            Shareholders'  equity increased $447,000 during the six months ended
October 31,  2000,  principally  reflecting  a loss of $202,000  and proceeds of
$651,000  from the issuance of common stock related to stock option and employee
stock purchase plans.

Subsequent Event

            In November 2000,  the Company  replaced its current lender with IBM
Credit Corporation. The new financing agreement calls for a $3,000,000 term loan
representing an increase of  approximately  $3,000,000  over previous  financing
bearing  interest  at the prime  rate  plus 75 basis  points  and a  $18,000,000
revolving line  representing an increase of $3,000,000  over previous  financing
bearing  interest  at the prime  rate plus 25 basis  points.  The new  financing
represents  a decrease of 75 basis  points and 50 basis points for the term loan
and  revolving  line  of  credit  respectively,  as  compared  to  the  previous
financing.


                                       14
<PAGE>

                              DATATEC SYSTEMS, INC.
                                    FORM 10-Q
                           PART II - OTHER INFORMATION


Item 6:     Exhibits and Reports on Form 8-K

            (a)   Exhibit 27 - Financial Data Schedule

            (b)   Reports on Form 8-K

                      None






                                       15
<PAGE>


                                   SIGNATURES


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

                                       DATATEC SYSTEMS, INC.
                                            Registrant



Date: December 15, 2000                By: /s/ Isaac Gaon
                                           -------------------------------------
                                           Isaac Gaon
                                           Chairman, Chief Executive Officer and
                                           Acting Chief Financial Officer



                                       16