U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

(Mark One)
[X]        QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
           SECURITIES EXCHANGE ACT OF 1934
               For the quarterly period ended: September 30, 2002

[ ]        TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
           EXCHANGE ACT
              For the transition period from __________ to _______

                         Commission file number 0-23871

                            CIROND TECHNOLOGIES INC.
        (Exact name of small business issuer as specified in its charter)

                 COLORADO                            84-1434323
     (State or other jurisdiction of                (IRS Employer
       incorporation or organization)            Identification No.)

  5512 E. HASTINGS STREET, SUITE 202, BURNABY, BRITISH COLUMBIA V5B 1R3 CANADA
                    (Address of principal executive offices)

                                 (604) 922-0384
                           (Issuer's telephone number)

                                 NOT APPLICABLE
         (Former name, former address and former fiscal year, if changed
                               since last report)

     State the number of shares outstanding of each of the issuer's classes
               of common equity, as of the last practicable date:

             16,440,257 SHARES OF COMMON STOCK, NO PAR VALUE, AS OF
                               SEPTEMBER 30, 2002

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

<PAGE>


                            CIROND TECHNOLOGIES INC.

                                      INDEX

PART I - FINANCIAL INFORMATION

     Item 1.  Financial Statements

              Consolidated Balance Sheets......................................4

              Consolidated Statements of Loss..................................5

              Consolidated Statement of Stockholders' Deficiency
              and Comprehensive Loss...........................................7

              Consolidated Statements of Cash Flows............................8

              Notes to Consolidated Financial Statements.......................9

     Item 2.  Management's Discussion and Analysis or Plan of Operation.......12

     Item 3. Controls and Procedures..........................................16


PART II - OTHER INFORMATION

     Item 1.  Legal Proceedings...............................................17

     Item 2.  Changes in Securities...........................................17

     Item 3.  Defaults Upon Senior Securities.................................17

     Item 4.  Submission of Matters to a Vote of Security Holders.............17

     Item 5.  Other Information...............................................17

     Item 6.  Exhibits and Reports on Form 8-K................................17


SIGNATURES....................................................................19

CERTIFICATION.................................................................20


                                       2
<PAGE>













           Consolidated Financial Statements of

           CIROND TECHNOLOGIES INC. (FORMERLY CROSSNET COMMUNICATIONS INC.)

           (A Development Stage Enterprise)

           Nine months ended September 30, 2002












                                       3


<PAGE>


CIROND TECHNOLOGIES INC. (FORMERLY CROSSNET COMMUNICATIONS INC.)
(A Development Stage Enterprise)
Consolidated Balance Sheets

$ United States

September 30, 2002 and December 31, 2001

<TABLE>
<CAPTION>
================================================================================================================
                                                                   September 30, 2002             December 31,
                                                                        (unaudited)                       2001
----------------------------------------------------------------------------------------------------------------
<S>                                                                    <C>                       <C>
ASSETS

Current assets:
     Cash                                                              $     128,982             $       1,434
     Prepaids and deposits                                                       412                       -
     -----------------------------------------------------------------------------------------------------------
                                                                             129,394                     1,434

Fixed assets (note 3)                                                         13,780                       -

----------------------------------------------------------------------------------------------------------------
                                                                       $     143,174             $       1,434
================================================================================================================

LIABILITIES AND STOCKHOLDERS' DEFICIENCY

Current liabilities:
     Accounts payable and accrued liabilities                          $      42,158             $       5,466
     Note payable to stockholder (note 5)                                    195,000                       -
     -----------------------------------------------------------------------------------------------------------
                                                                             237,158                     5,466

Stockholders' deficiency:
     Capital stock:
           100,000,000  voting common shares, without par value
                        authorized, 16,440,257 issued
                        (December 31, 2001 - 14,341,667)                     300,373                     1,434
            10,000,000  non-voting preferred shares without par
                        value, issuable in series authorized, nil issued

     Subscriptions for common shares                                         107,125                       -

     Deficit accumulated during the development stage                       (501,482)                   (5,466)
     -----------------------------------------------------------------------------------------------------------
                                                                             (93,984)                   (4,032)
Going concern (note 1)
Subsequent event (note 7)

----------------------------------------------------------------------------------------------------------------
                                                                       $     143,174             $       1,434
================================================================================================================
</TABLE>

See accompanying notes to consolidated financial statements.


                                       4

<PAGE>


CIROND TECHNOLOGIES INC. (FORMERLY CROSSNET COMMUNICATIONS INC.)
(A Development Stage Enterprise)
Consolidated Statements of Loss

$ United States

(Unaudited)

<TABLE>
<CAPTION>
===============================================================================================================
                                                       From inception         Nine months       From inception
                                                       (March 7, 2001)              ended      (March 7, 2001)
                                                     to September 30,       September 30,     to September 30,
                                                                 2002                2002                 2001
---------------------------------------------------------------------------------------------------------------
<S>                                                    <C>                  <C>                  <C>
Expenses (income):
     Amortization of fixed assets                      $        2,803       $       2,803        $          -
     Consulting fees                                          109,665             109,665                   -
     Foreign currency gains                                    (1,965)             (1,965)                  -
     Interest                                                   5,850               5,850                   -
     Office and administrative                                 27,247              26,781                  466
     Professional fees                                         30,952              25,952                   -
     Rent                                                       4,111               4,111                   -
     Salaries and benefits                                     97,164              97,164                   -
     Travel                                                     7,068               7,068                   -
     ----------------------------------------------------------------------------------------------------------
                                                              282,895             277,429                  466

---------------------------------------------------------------------------------------------------------------
Loss before interest income                                  (282,895)           (277,429)                (466)

Interest income                                                   170                 170                   -

---------------------------------------------------------------------------------------------------------------
Loss                                                   $     (282,725)      $    (277,259)       $        (466)
---------------------------------------------------------------------------------------------------------------

Weighted average number of common
   shares outstanding, basic and diluted                   14,770,325          15,243,110           14,341,667

Loss per share, basic and diluted                      $        (0.02)      $       (0.02)       $       (0.00)
===============================================================================================================
</TABLE>

See accompanying notes to consolidated financial statements.


                                       5

<PAGE>


CIROND TECHNOLOGIES INC. (FORMERLY CROSSNET COMMUNICATIONS INC.)
(A Development Stage Enterprise)
Consolidated Statements of Loss

$ United States

(Unaudited)

<TABLE>
<CAPTION>
=============================================================================================
                                                           Three months         Three months
                                                                  ended                ended
                                                          September 30,        September 30,
                                                                   2002                 2001
---------------------------------------------------------------------------------------------
<S>                                                       <C>                  <C>
Expenses:
     Amortization of fixed assets                         $       1,328        $          -
     Consulting fees                                             44,287                   -
     Foreign currency gains                                       4,442                   -
     Interest                                                     5,850                   -
     Office and administrative                                   12,548                  466
     Professional fees                                           16,074                   -
     Rent                                                         1,576                   -
     Salaries and benefits                                       40,997                   -
     Travel                                                         408                   -
     ----------------------------------------------------------------------------------------
                                                                127,510                  466

---------------------------------------------------------------------------------------------
Loss before interest income                                    (127,510)                (466)

Interest income                                                     170                   -

---------------------------------------------------------------------------------------------
Loss                                                      $    (127,340)       $        (466)
=============================================================================================

Weighted average number of common
   shares outstanding, basic and diluted                     16,440,257           14,341,667

Loss per share, basic and diluted                         $       (0.01)       $       (0.00)
=============================================================================================
</TABLE>

See accompanying notes to consolidated financial statements.






                                       6

<PAGE>


CIROND TECHNOLOGIES INC. (FORMERLY CROSSNET COMMUNICATIONS INC.)
(A Development Stage Enterprise)
Consolidated Statement of Stockholders' Deficiency and Comprehensive Loss

$ United States

(Unaudited)

From inception  (March 7, 2001) to September 30, 2002


<TABLE>
<CAPTION>
===============================================================================================================
                                                                                 Deficit
                                                                             accumulated
                                                        Subscriptions         during the                 Total
                                       Common Stock        for common        development         stockholders'
                                  Shares       Amount          shares              stage            deficiency
---------------------------------------------------------------------------------------------------------------
<S>                           <C>           <C>         <C>                 <C>                  <C>
Shares issued for cash        14,341,667    $   1,434   $        -          $       -            $       1,434
  on March 7, 2001

Comprehensive loss:
  Loss                              -            -               -                (5,466)               (5,466)
---------------------------------------------------------------------------------------------------------------
Balance,
  December 31, 2001           14,341,667        1,434            -                (5,466)               (4,032)

Shares issued for cash from
 February 12 to March 25,
 2002 at $0.75 per share         398,583      298,938            -                  -                  298,938
---------------------------------------------------------------------------------------------------------------
                              14,740,250      300,372            -                (5,466)              294,906

Shares held by Cirond
 stockholders prior to
 recapitalization
 transaction (note 4)          1,700,007            1            -              (218,757)             (218,756)
---------------------------------------------------------------------------------------------------------------
                              16,440,257      300,373            -              (224,223)               76,150

Cash subscriptions for
 common shares at
 $0.75 per share received
 September 30, 2002                 -            -            107,125               -                  107,125


Comprehensive loss:
  Loss                              -            -               -              (277,259)             (277,259)
---------------------------------------------------------------------------------------------------------------
Balance,
 September 30, 2002           16,440,257    $ 300,373   $     107,125       $   (501,482)        $     (93,984)
===============================================================================================================
</TABLE>


See accompanying notes to consolidated financial statements.



                                       7

<PAGE>


CIROND TECHNOLOGIES INC. (FORMERLY CROSSNET COMMUNICATIONS INC.)
(A Development Stage Enterprise)
Consolidated Statements of Cash Flows

$ United States

(Unaudited)

<TABLE>
<CAPTION>
===============================================================================================================
                                                       From inception         Nine months       From inception
                                                       (March 7, 2001)             ended,      (March 7, 2001)
                                                     to September 30,       September 30,     to September 30,
                                                                 2002                2002                 2001
---------------------------------------------------------------------------------------------------------------
<S>                                                    <C>                  <C>                  <C>
Cash provided by (used in):

Operations:
     Loss                                              $     (282,725)      $    (277,259)       $        (466)
     Item not involving cash:
         Amortization of fixed assets                           2,803               2,803                   -
     Changes in non-cash working capital:
         Prepaids and deposits                                   (412)               (412)                  -
         Accounts payable and accrued liabilities              15,858              10,392                  466
     ----------------------------------------------------------------------------------------------------------
                                                             (264,476)           (264,476)                  -
Financing:
     Common shares issued for cash                            300,372             198,938                1,434
     Proceeds from common share subscriptions                 107,125             107,125                   -
     ----------------------------------------------------------------------------------------------------------
                                                              407,497             406,063                1,434

Investing:
     Expenditures on fixed assets                             (15,817)            (15,817)                  -
     Cash acquired on recapitalization
       transaction (note 4)                                     1,778               1,778                   -
     ----------------------------------------------------------------------------------------------------------
                                                              (14,039)            (14,039)                  -

---------------------------------------------------------------------------------------------------------------
Increase in cash                                              128,982             127,548                1,434

Cash, beginning of period                                          -                1,434                   -

---------------------------------------------------------------------------------------------------------------
Cash, end of period                                    $      128,982       $     128,982        $       1,434
===============================================================================================================

Supplementary information:
  Interest paid                                        $           -        $          -         $          -
  Income taxes paid                                    $           -        $          -         $          -
===============================================================================================================

Non-cash financing and investing activities:
  Common shares issued upon share
     exchange (note 4)                                 $            1       $           1        $          -
  Net liabilities assumed on
      recapitalization transaction (note 4)            $     (220,534)      $    (220,534)       $          -
===============================================================================================================
</TABLE>

See accompanying notes to consolidated financial statements.


                                       8
<PAGE>


CIROND TECHNOLOGIES INC. (FORMERLY CROSSNET COMMUNICATIONS INC.)
(A Development Stage Enterprise)
Notes to Consolidated Financial Statements

$ United States

Nine months ended September 30, 2002
(Unaudited)

================================================================================

1.   GOING CONCERN:

     These  financial  statements have been prepared on the going concern basis,
     which assumes the  realization of assets and liquidation of liabilities and
     commitments in the normal course of business.  As shown in the consolidated
     financial  statements,  the Company has incurred a loss of $282,725 for the
     period from  inception  (March 7, 2001) to September  30,  2002,  and has a
     working  capital   deficiency  of  $107,764  at  September  30,  2002.  The
     application  of the going concern  concept is dependent  upon the Company's
     ability to receive  continued  financial  support from its shareholders and
     other investors. These consolidated financial statements do not give effect
     to any  adjustment  should  the  Company be unable to  continue  as a going
     concern and, therefore, be required to realize its assets and discharge its
     liabilities  in other than the  normal  course of  business  and at amounts
     differing from those reflected in the  consolidated  financial  statements.
     Management plans to rely on equity financing from external investors and to
     actively develop and market its wireless technology applications.

     Management  believes the plans  described  above will be sufficient to meet
     the Company's  liabilities  and commitments as they become payable over the
     next twelve months.  There can be no assurance that management's plans will
     be  successful.  Failure  to obtain  the  support  of  additional  external
     investors  to  finance  the  development  and  marketing  of the  Company's
     wireless  technology   applications  will  cause  the  Company  to  curtail
     operations and impair the Company's ability to continue as a going concern.

2.   BASIS OF PRESENTATION:

     The accompanying  consolidated  interim financial  statements are unaudited
     however, in the opinion of management,  all adjustments,  consisting solely
     of normal  recurring  adjustments,  necessary for the fair  presentation of
     these  unaudited   financial   statements  in  conformity  with  accounting
     principles  generally  accepted in the United States of America,  have been
     made. Readers of these financial  statements should read the annual audited
     financial  statements  of the Company  filed on Form 10-KSB in  conjunction
     herewith.  The results of operations for the interim periods  presented are
     not  necessarily  indicative  of the results to be expected  for the entire
     fiscal year.

     Effective  June 30, 2002, the Company  issued  14,740,250  common shares in
     consideration for 100% of the outstanding common shares of Cirond Networks,
     Inc. ("CNI").  As CNI stockholders  obtained control of the Company through
     the exchange of shares,  the  acquisition  of CNI has been accounted for in
     these consolidated financial statements as a recapitalization  transaction,
     effectively as if CNI had issued shares for consideration  equal to the net
     tangible   assets  of   Crossnet   Communications   Inc.   followed   by  a
     recapitalization of its common shares.

     On June 30,  2002,  the  name of the  Company  was  changed  from  Crossnet
     Communications Inc. to Cirond Technologies Inc. ("Cirond").

                                       9
<PAGE>



CIROND TECHNOLOGIES INC. (FORMERLY CROSSNET COMMUNICATIONS INC.)
(A Development Stage Enterprise)
Notes to Consolidated Financial Statements

$ United States

Nine months ended September 30, 2002
(Unaudited)

================================================================================


2.   BASIS OF PRESENTATION (CONTINUED):

     The  consolidated   statements  of  loss,   stockholders'   deficiency  and
     comprehensive  loss and cash flows  reflect the results of  operations  and
     changes in financial position of CNI, for the period from its incorporation
     on March 7, 2001 to September  30, 2002,  combined  with those of the legal
     parent,  Cirond, from June 30, 2002, the date of the  recapitalization,  in
     accordance  with  accounting  principles  generally  accepted in the United
     States of America.

     CNI's principle  business  activities include the development and marketing
     of solutions  for wireless  networking  designed to enhance the  usability,
     performance, and security of 802.11b and 802.11a (WiFi) Wireless Local Area
     Networks  (WLAN).  The  Company  is  primarily  targeting  enterprises  and
     institutional customers requiring the use of wireless networks.


3.   FIXED ASSETS

     Fixed  assets,  consisting  of computer  hardware  and  software and office
     equipment, are recorded at cost. The Company monitors the recoverability of
     fixed assets based on estimates using factors such as expected future asset
     utilization,  business climate and future  undiscounted cash flows expected
     to result  from the use of the related  assets or be realized on sale.  The
     Company recognizes an impairment loss if the projected  undiscounted future
     cash flows is less than the carrying  amount.  The amount of the impairment
     charge,  if any, is measured equal to the excess of the carrying value over
     the expected future cash flows discounted using the Company's  average cost
     of funds. To date no such  impairment has been  indicated.  Amortization is
     provided  on a  straight-line  basis over three  years which is intended to
     amortize the cost of assets over their estimated useful life.

4.   RECAPITALIZATION TRANSACTION:

     Effective  June  30,  2002,  CNI  and  Cirond  executed  a  share  exchange
     agreement. At June 30, 2002, Cirond was essentially a shell company without
     substantive operations. Just prior to the share exchange, Cirond effected a
     1:16.5 reverse stock split reducing the total outstanding  common shares of
     the Company to 1,700,007.  The Company then issued 14,740,250 common shares
     to the  stockholders  of CNI in  consideration  for all of the  issued  and
     outstanding common shares of CNI on the basis of one common share for every
     common share of CNI. As the former  stockholders of CNI obtained control of
     the Company through the share exchange, this transaction has been accounted
     for in these financial statements as a recapitalization transaction.  Under
     recapitalization accounting, CNI is considered to have issued common shares
     for  consideration  equal to the net  tangible  assets of  Cirond  with the
     results  of  Cirond  operations  included  in  the  consolidated  financial
     statements from the date of recapitalization.


                                       10
<page>

CIROND TECHNOLOGIES INC. (FORMERLY CROSSNET COMMUNICATIONS INC.)
(A Development Stage Enterprise)
Notes to Consolidated Financial Statements

$ United States

Nine months ended September 30, 2002
(Unaudited)

================================================================================

4.   RECAPITALIZATION TRANSACTION (CONTINUED):

     Net deficiency assumed:
       Cash                                                       $       1,778
       Fixed assets                                                         766
       Accounts payable and accrued liabilities                         (26,300)
       Note payable to stockholder                                     (195,000)
     ---------------------------------------------------------------------------
                                                                       (218,756)
     ===========================================================================

     Consideration given for net deficiency assumed:
       1,700,007 common shares issued                                         1
       Charge to deficit                                               (218,757)
     ---------------------------------------------------------------------------
                                                                  $    (218,756)
     ===========================================================================


5.   NOTE PAYABLE TO STOCKHOLDER:

     The note is unsecured,  due December 24, 2002 and bears interest at 12% per
     annum.  The note is convertible  into common shares of the Company,  at the
     option of the stockholder,  at a price equal to the lesser of:

          a)   $0.25 per share; or

          b)   the average bid price of the  Company's  common stock for the ten
               days immediately prior to the date of conversion.

     Interest  payable on the note  aggregating  $23,400  (December  31,  2001 -
     $5,850),  is included in accounts  payable and accrued  liabilities  in the
     accompanying consolidated balance sheet.


6.   RELATED PARTY TRANSACTIONS:

     The Company paid  $69,967  during the nine months ended June 30, 2002 (from
     inception on March 7, 2001 to September  30, 2001 - $nil) to the  Company's
     president for consulting services.

     The amounts were not subject to a written  agreement  but were  incurred in
     the normal  course of operations  and are recorded at the exchange  amount,
     which is the amount established and agreed to by the related parties.


7.   SUBSEQUENT EVENT:

     Subsequent to September 30, 2002, the Company  received cash  subscriptions
     for 97,333 common shares at $0.75 per share for aggregate  cash proceeds of
     $73,000.




                                       11

<PAGE>


ITEM 2.    MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Unless the context otherwise requires, the terms "we", "our" and "us" refers to
Cirond Technologies Inc., formerly Crossnet Communications, Inc.

During the fiscal year ended 2001, in light of the automobile market conditions,
we decided to abandon the business plan of our wholly-owned subsidiary,
Autovenu, Inc. On April 11, 2002, we entered into an Agreement and Plan of
Merger with Autovenu, Inc. and merged Autovenu, Inc. into us. We did not issue
any stock or other securities, nor did we amend our Articles of Incorporation.
All of the capital stock of Autovenu, Inc. has been cancelled without
consideration. Autovenu, Inc. no longer exists and we assumed all of its assets
and liabilities. As a result, we became a "shell" company actively seeking
merger and acquisition opportunities.

Effective June 30, 2002, we acquired 100% of the outstanding common shares of
Cirond Networks, Inc., a Nevada corporation ("CNI"), pursuant to the terms of a
Share Exchange Agreement dated May 15, 2002 (the "Share Exchange Agreement").
CNI is now our wholly-owned subsidiary. In connection with the acquisition, we
changed our name to "Cirond Technologies Inc." and effected a 1-for-16.52481235
reverse stock split of the outstanding shares of our common stock. We issued
14,740,250 (post-reverse split) shares of our common stock to the shareholders
of CNI. As the CNI shareholders obtained control over the combined entity and we
did not have an active business at the date of the transaction, the acquisition
of CNI has been accounted for as a recapitalization transaction, effectively as
if CNI had issued shares for consideration equal to our net tangible assets,
followed by a recapitalization of its common shares.

CAUTION

Certain statements in this Quarterly Report on Form 10-QSB, our Annual Report on
Form 10-KSB for our fiscal year ended December 31, 2001, our Annual Report to
Shareholders, as well as statements made by us in periodic press releases, oral
statements made by our officials to analysts and shareholders in the course of
presentations about ourselves, constitute "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks, uncertainties, and
other factors that may cause the actual results, performance or achievements of
us to be materially different from any future results, performance or
achievements expressed or implied by the forward looking statements. Such
factors include, among other things, (1) general economic and business
conditions; (2) interest rate changes; (3) the relative stability of the debt
and equity markets; (4) competition; (5) demographic changes; (6) government
regulations particularly those related to telecommunications; (7) required
accounting changes; (8) disputes or claims regarding our proprietary rights to
our software and intellectual property; and (9) other factors over which we have
little or no control.


                                       12
<PAGE>


BASIS OF PRESENTATION

The acquisition of CNI has been accounted for as a capital transaction, as if
CNI had issued shares for consideration equal to the net tangible assets of
Crossnet Communications Inc., followed by a recapitalization of our shares of
common stock. Consequently, our consolidated statements of loss, stockholders'
deficiency and comprehensive loss and cash flows reflect the results of
operations and cash flows of CNI for the period from its inception (March 7,
2001) to June 30, 2002, combined with ours from the recapitalization date of
June 30, 2002.

SELECTED FINANCIAL DATA

Our selected financial data for the periods shown below is derived from our
consolidated financial statements included herein. The financial data derived
from the consolidated statements should be read in conjunction with our
consolidated financial statements and the notes included elsewhere in this
report.

<TABLE>
<CAPTION>
                                                                             SEPTEMBER 30,        DECEMBER 31, 2001
BALANCE SHEET DATA:                                                               2002
<S>                                                                          <C>                   <C>
Current Assets.........................................................      $     129,394         $       1,434
Total Assets...........................................................      $     143,174         $       1,434
Current Liabilities....................................................      $     237,158         $       5,466
Stockholders' Deficiency...............................................      $     (93,984)        $      (4,032)
Working Capital Deficiency.............................................      $    (107,764)        $      (4,032)
</TABLE>

<TABLE>
<CAPTION>
                                                    INCEPTION (MARCH 7,    NINE MONTHS ENDED     INCEPTION (MARCH 7,
                                                    2001) TO SEPTEMBER     SEPTEMBER 30, 2002    2001) TO SEPTEMBER
STATEMENT OF LOSS DATA:                                  30, 2002                                     30, 2001
<S>                                                   <C>                    <C>                   <C>
Revenues......................................        $          --          $          --         $          --
Loss..........................................        $    (282,725)         $    (277,259)        $        (466)
Loss per share, basic and diluted.............        $       (0.02)         $       (0.02)        $       (0.00)
</TABLE>

OVERVIEW

We were originally incorporated under the name Buffalo Capital VII, Ltd. in the
State of Colorado on September 19, 1997. From our inception to June 18, 1999, we
operated as a "shell" company and our business plan was to seek out and take
advantage of business opportunities that may have the potential for profit, and
to acquire such businesses or a controlling interest therein.

On June 18, 1999, we entered into a Reorganization and Stock Purchase Agreement
with Workfire.com, a company incorporated under the laws of the State of Nevada
("Workfire-Nevada"). Under the agreement, we acquired 89% of the issued and
outstanding shares of Workfire-Nevada and changed our name to Workfire.com, Inc.
As a result of the agreement, the shareholders of Workfire-Nevada became our
controlling shareholders.

                                       13
<PAGE>


On November 5, 1999, we approved a resolution to distribute all of our shares of
Workfire-Nevada to our shareholders on a pro-rata basis. We believed this was
necessary in order to provide funding for Workfire-Nevada. As a result of the
share distribution, we no longer owned or controlled Workfire-Nevada and became
a shell company with no active operations. On February 7, 2000, we changed our
name to BCS Investment Corporation and actively sought a merger or acquisition
opportunity.

On September 25, 2000, we entered into a Share Exchange Agreement with the
shareholders of Autovenu, Inc., a Delaware corporation. Autovenu, Inc. was a
software development company whose business model included the acquisition and
development of Internet related software and technology. We consummated the
acquisition by exchanging 303.7241 shares of our common stock and 6.393 shares
of our Series A preferred stock (both pre reverse stock split) for each issued
and outstanding share of common stock of Autovenu, Inc. The Series A preferred
stock was convertible into 100 (pre-split) shares of common stock without
additional consideration. Autovenu, Inc. had a total of 283,000 issued and
outstanding shares of common stock. The shareholders of Autovenu, Inc. were Mark
Moldenhauer, Jules Lee Wurzel and BusinessTradeCenter.com, Inc. As a result of
the share exchange, the former shareholders of Autovenu, Inc. controlled us and
new officers and directors were appointed.

Effective December 18, 2000, we implemented a 1-for-10 reverse stock split and
changed our name to Crossnet Communications, Inc. Except where otherwise
indicated, all information in this Quarterly Report on Form 10-QSB has been
presented to give retroactive effect to this reverse stock split.

During the fiscal year ended 2001, in light of the automobile market conditions,
we decided to abandon the business plan of Autovenu, Inc. On April 11, 2002, we
merged Autovenu, Inc. into us. We did not issue any stock or other securities,
nor did we amend our Articles of Incorporation. All of the capital stock of
Autovenu, Inc. has been cancelled without consideration. Autovenu, Inc. no
longer exists and we assumed all of its assets and liabilities.

Effective June 30, 2002, we acquired 100% of the outstanding common shares of
Cirond Networks, Inc., a Nevada corporation ("CNI"), pursuant to the terms of a
Share Exchange Agreement dated May 15, 2002 (the "Share Exchange Agreement").
CNI is now our wholly-owned subsidiary. In connection with the acquisition, we
changed our name to "Cirond Technologies Inc." and effected a 1-for-16.52481235
reverse stock split of the outstanding shares of our common stock. We issued
14,740,250 (post-reverse split) shares of our common stock to the shareholders
of CNI. As the CNI shareholders obtained control, the acquisition of CNI has
been accounted for as a recapitalization transaction, effectively as if CNI had
issued shares for consideration equal to our net tangible assets.


                                       14
<PAGE>


We are in the development stage and have not yet generated any revenues.  We had
a net loss of $282,725  from  inception  (March 7, 2001)  through  September 30,
2002, and a stockholders'  deficiency of $93,984 at September 30, 2002. We had a
working  capital  deficiency  of $107,764 at September  30, 2002.  These factors
raise  substantial  doubt about our ability to continue as a going concern.  The
consolidated  financial statements and the financial  information set out herein
do not  include  any  adjustments  that might  result  from the  outcome of this
uncertainty.  We have limited operations and require  additional  financing from
our former majority shareholder and other investors.  Our previous capital needs
have been met  primarily by loans from related  parties.  Ultimately  we need to
generate revenues and successfully attain profitable operations. There can be no
assurance  that such  financing  will be available or, if available,  will be on
economic  terms.  Failure  to  obtain  the  support  of our  former  significant
shareholder  and additional  external  investors to finance the  development and
marketing  of our  wireless  technology  applications  will  cause us to curtail
operations and impair our ability to continue as a going concern.

REVENUES

We did not generate any operating revenues, and we do not expect to generate any
revenues during the current fiscal year, which ends December 31, 2002.

EXPENSES

We incurred expenses of $282,895 for the period from inception to September 30,
2002, which included consulting fees $109,665, salaries and benefits $97,164,
professional fees $30,952, and office and administrative expenses $27,247. Our
expenses for the nine months ended September 30, 2002 were $277,429, as compared
to $466 for the comparable period in 2001. This increase in expenses reflects
the fact that we did not commence active operations until 2002.

LIQUIDITY AND FINANCIAL CONDITION

The cash  requirements of funding our operations and acquisitions  have exceeded
cash  flows  from  operations.  We have  satisfied  our  capital  needs  to date
primarily  through equity and promissory  note  financings.  For the period from
inception to September 30, 2002,  the statement of cash flows  reflects net cash
used in operating  activities of $264,476 and cash used in investing  activities
of $14,039,  which were offset by net cash  provided by financing  activities of
$407,497. Of this amount,  $107,125 was subscriptions for common shares received
at  September  30,  2002  from  a  private  offering  to  accredited  investors.
Subsequent  to September 30, 2002, we received  additional  share  subscriptions
with cash proceeds aggregating $73,000.

At September 30, 2002, we had cash of $128,982 and a working capital deficit of
$107,764. A significant portion of our liabilities consists of a note payable to
stockholder in the amount of $195,000. Since we had limited revenues, operating
expenses will deplete our cash and we will be dependent upon external sources of
cash. Loss of financial support from our former majority shareholder could cause
us to curtail our operations. Management believes we have sufficient



                                       15
<PAGE>

working capital, or have access to sufficient working capital through our former
majority  shareholder  and other  investors,  to fund operations for the next 12
months.

PLAN OF OPERATION

For the remainder of the current fiscal year, we expect to continue with our
research and development efforts on technologies designed to enhance the
performance and security of wireless networking technology. To fund such
research and development efforts, it will be necessary for us to raise
additional capital, primarily through the sale of equity securities. We do not
expect to purchase any significant capital assets or to make any significant
changes in the number of employees for the remainder of the current fiscal year.

We have announced plans to bring to market up to three products in the first
quarter of 2003.

CRITICAL ACCOUNTING POLICIES

This discussion and analysis of our financial condition and results of
operations, including the discussion on liquidity and capital resources, are
based upon our financial statements, which have been prepared in accordance with
accounting principles generally accepted in the United States. The preparation
of these financial statements requires us to make estimates and judgments that
affect the reported amounts of assets, liabilities, revenues and expenses, and
related disclosure of contingent assets and liabilities. On an ongoing basis,
management re-evaluates its estimates and judgments. Actual results could differ
from the estimates. We believe the following critical accounting policy requires
significant judgment and estimates used in the preparation of the consolidated
financial statements.

The consolidated financial statements have been prepared on the going concern
basis, which assumes the realization of assets and liquidation of liabilities in
the normal course of operations. If we were not to continue as a going concern,
we would have to curtail operations. As described elsewhere in this report, at
September 30, 2002, there are certain conditions that currently exist which
raise substantial doubt about the validity of this assumption. While we believe
that we will be able to maintain the support of our former majority shareholder,
there is no assurance that these plans will be successful. Failure to raise
additional funds may result in our curtailing operations or writing assets and
liabilities down to liquidation values, or both.


ITEM 3.  CONTROLS AND PROCEDURES

We have recently evaluated our internal controls. As of December 19, 2002, there
were no significant corrective actions taken by us or other changes made to
these internal controls. Our management does not believe there were changes in
other factors that could significantly affect those controls subsequent to the
date of the evaluation.



                                       16
<PAGE>


                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

         Not Applicable.

ITEM 2.  CHANGES IN SECURITIES

         Not Applicable.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

         Not Applicable.

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

         Not Applicable.

ITEM 5.  OTHER INFORMATION

         Not Applicable.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

         A)       EXHIBITS

REGULATION                                                           CONSECUTIVE
S-B NUMBER                        EXHIBIT                            PAGE NUMBER


   2.1      Share Exchange Agreement between BCS Investment              N/A
            Corporation and the shareholders of Autovenu, Inc.,
            dated September 25, 2000 (1)

   2.2      Agreement and Plan of Merger (2)                             N/A

   2.3      Share Exchange Agreement between Crossnet Communica-         N/A
            tions, Inc. and Cirond Networks, Inc. dated May 15,
            2002 (3)

   3.1      Articles of Amendment to Articles of Incorporation (3)       N/A

   3.2      Bylaws (4)                                                   N/A

  10.1      Promissory Note dated December 25, 2001(5)                   N/A

                                       17

<PAGE>

REGULATION                                                           CONSECUTIVE
S-B NUMBER                        EXHIBIT                            PAGE NUMBER

   99       Certification Pursuant To 18 U.S.C. Section 1350, As          20
            Adopted Pursuant To Section 906 Of The Sarbanes-Oxley Act
            Of 2002
________________________
(1)      Incorporated by reference from the Current Report on Form-8-K dated and
         filed on October 5, 2000.

(2)      Incorporated by reference from the Quarterly Report on Form 10-QSB for
         the quarter ended March 31, 2002.

(3)      Incorporated by reference from the Current Report on Form 8-K dated
         June 30, 2002 filed on July 1, 2002.

(4)      Incorporated by reference from the Registration Statement on Form 10-SB
         filed with the Securities and Exchange Commission on March 4, 1998.

(5)      Incorporated by reference from the Annual Report on Form 10-KSB for the
         year ended December 31, 2001 filed on March 19, 2002.

         B)     REPORTS ON FORM 8-K:  The following reports on Form 8-K were
                filed during the period covered by this report:   None.

                                       18

<PAGE>


                                   SIGNATURES

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

                                   CIROND TECHNOLOGIES INC.
                                   (Registrant)




Date:  December 19, 2002           By:   /s/ NICHOLAS R. MILLER
                                      ------------------------------------------
                                          Nicholas R. Miller, President
                                          (Principal Financial Officer)





                                       19

<PAGE>


                                  CERTIFICATION

I, Nicholas R. Miller, certify that:

1.       I  have  reviewed  this  quarterly  report  on  Form  10-QSB  of Cirond
         Technologies Inc.;

2.       Based  on my  knowledge,  this  quarterly  report does  not contain any
         untrue  statement of a material  fact or omit to state a  material fact
         necessary to  make the statements  made, in light of the  circumstances
         under which such  statements  were made, not misleading with respect to
         the period covered by this quarterly report;

3.       Based on my knowledge,  the financial  statements,  and other financial
         information included in this quarterly report, fairly  present  in  all
         material  respects the financial  condition,  results of operations and
         cash flows of the registrant as of, and  for, the  periods presented in
         this quarterly report;

4.       The  registrant's  other certifying  officers and I are responsible for
         establishing and maintaining  disclosure  controls and  procedures  (as
         defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and
         have:

         a)       designed  such  disclosure  controls and  procedures to ensure
                  that  material  information   relating   to   the  registrant,
                  including its consolidated  subsidiaries,  is made known to us
                  by others  within  those  entities,  particularly  during  the
                  period in which this quarterly report is being prepared;

         b)       evaluated  the  effectiveness of  the registrant's  disclosure
                  controls and procedures as of a date within 90 days  prior  to
                  the  filing  date  of  this  quarterly report (the "Evaluation
                  Date"); and

         c)       presented  in this  quarterly report our conclusions about the
                  effectiveness of the disclosure  controls and procedures based
                  on our evaluation as of the Evaluation Date;

5.       The registrant's other certifying  officers and I have disclosed, based
         on our most recent  evaluation,  to the registrant's  auditors  and the
         audit  committee  of  registrant's  board  of  directors  (or   persons
         performing the equivalent functions):

         a)       all  significant  deficiencies  in the design or  operation of
                  internal   controls   which   could   adversely   affect   the
                  registrant's ability to record, process, summarize and  report
                  financial  data  and  have  identified  for  the  registrant's
                  auditors any material weaknesses in internal controls; and

         b)       any fraud,  whether or not material,  that involves management
                  or other  employees  who  have  a   significant  role  in  the
                  registrant's internal controls; and

6.       The  registrant's  other  certifying  officers and I have  indicated in
         this  quarterly  report  whether  there  were  significant  changes  in
         internal controls or in other factors that could  significantly  affect
         internal controls subsequent to the date of our most recent evaluation,
         including   any   corrective   actions   with  regard  to   significant
         deficiencies and material weaknesses.

Date:    December 19, 2002
                                     /s/ NICHOLAS R. MILLER
                                   ---------------------------------------------
                                   Nicholas R. Miller, Principal Executive and
                                             Financial Officer



                                       20