UNITED STATES 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  June 30,  2001

     [   ] Transition report  under  Section  13  or  15(d) of the Securities
           Exchange Act  of  1934

     For  the  transition  period  from  _________  to  _________

     Commission  File  No.  0-09489



                            GLOBAL PATH INCORPORATED
                 (Name of Small Business Issuer in Its Charter)

            DELAWARE                                                88-0164955
  (State  or  Other  Jurisdiction  of                              (IRS Employer
Incorporation  or  Organization)                                  Identification
                                                                      Number)


   8  SULTAN  STREET,  SUITE  702
     TORONTO,  ONTARIO  CANADA                                        M5S  2C1
(Address of Principal Executive Offices)                             (Zip Code)

                                  (416) 385-6934
                           (Issuer's Telephone Number)

                                  YOURNET, INC.
                              900 12 CONCORDE PLACE
                        TORONTO, ONTARIO, CANADA M3C 3T1
                            DECEMBER FISCAL YEAR END
              (Former name, former address and former fiscal year)


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

Yes [ X ]       No [   ]


     As  of  July 31, 2001, the Company had 20,455,903 shares of its par value
$0.001  common  stock  issued  and  outstanding.


     Transitional  Small  Business  Disclosure  Format  (check  one):

Yes [   ]       No [ X ]

<PAGE>

                                      INDEX


                         PART  I - FINANCIAL INFORMATION


Item  1.     Financial  Statements

             Consolidated  Balance  Sheet  at June 30, 2001 (Unaudited) and
             December 31, 2000

             Consolidated  Statements  of  Losses (Unaudited) Three and Six
             months ended June  30,  2001  and  2000

             Consolidated Statements of Cash Flows (Unaudited) Six months
             ended June 30, 2001  and  2000

             Notes  to  Consolidated  Financial  Statements  June  30,
             2001 (Unaudited)

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

PART  II.    OTHER  INFORMATION

Item  1.     Legal  Proceedings

Item  2.     Changes  in  Securities

Item  3.     Defaults  Upon  Senior  Securities

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

Item  5.     Other  Information

Item  6.     Exhibits  and  Reports  on  Form  8-K


                                        1
<PAGE>
                          PART I - FINANCIAL INFORMATION

ITEM  1  -  FINANCIAL  STATEMENTS


<TABLE>
<CAPTION>
                            GLOBAL PATH INCORPORATED
                        (FORMERLY KNOWN AS YOURNET, INC.)
                          CONSOLIDATED BALANCE SHEET
                      June 30, 2001 and December 31, 2000


                                     ASSETS

                                                                   June 30, 2001         December 31, 2000
                                                                   (UNAUDITED)
<S>                                                                <C>                    <C>
   Total current assets                                            $       -              $        -

       LIABILITIES AND DEFICIENCY IN STOCKHOLDERS' EQUITY

Current Liabilities:
Accounts Payable and Accrued Expenses                              $  82,277              $   68,376
Due to Shareholder                                                    46,945                  41,427
                                                                     -------                 -------
    Total Current Liabilities                                        129,222                 109,803

Deficiency in Stockholders' Equity:
Common stock, par value, $.0001 per share; authorized,
  50,000,000 shares; 20,455,903 shares issued at
  March 31, 2001 and at December 31, 2000                             20,456                  20,456
Additional paid in capital                                         3,100,705               3,100,705
Deficiency in retained earnings                                  (3,250,383)             (3,230,964)
                                                                    --------                --------
    Deficiency in stockholders' equity                             (129,222)               (109,803)
                                                                    --------                --------
                                                                  $        -             $         -
                                                                   =========                ========

</TABLE>

        The accompanying notes are an integral part of these statements.


                                        2
<PAGE>

                            GLOBAL PATH INCORPORATED
                        (FORMERLY KNOWN AS YOURNET, INC.)
                        CONSOLIDATED STATEMENTS OF LOSSES
                                  (UNAUDITED)

<TABLE>
<CAPTION>

                                                  Three Months Ended June 30,     Six Months Ended June 30,
                                                  ---------------------------     -------------------------
                                                           2001        2000            2001        2000
                                                           ----        ----            ----        ----

Cost and expenses:
<S>                                                  <C>           <C>           <C>           <C>
 General & Administrative Fees                       $    18,218   $    19,091   $    19,418   $    33,365
                                                     ------------  ------------  ------------  ------------
 Total operating expenses                                 18,218        19,091        19,418        33,365
Loss from operations                                     (18,218)      (19,091)      (19,418)      (33,365)
Income (taxes) benefit                                         -             -             -             -
                                                     ------------  ------------  ------------  ------------
Net loss                                             $   (18,218)  $   (19,091)  $  ( 19,418)  $  ( 33,365)
                                                     ============  ============  ============  ============

Loss per common share (basic and assuming dilution)  $    ( 0.00)  $    ( 0.00)  $    ( 0.00)  $      0.00
                                                     ============  ============  ============  ============
Weighted average common shares outstanding             20,455,903    20,455,903    20,455,903    20,455,903
</TABLE>

        The accompanying notes are an integral part of these statements.


                                        3
<PAGE>

<TABLE>
<CAPTION>

                            GLOBAL PATH INCORPORATED
                        (FORMERLY KNOWN AS YOURNET, INC.)
                      CONSOLIDATED STATEMENTS OF CASH FLOW
               FOR THE SIX MONTHS ENDED JUNE 30, 2001 AND 2000
                                   (UNAUDITED)


<S>                                                            <C>         <C>

                                                               2001       2000
                                                            ---------  ---------
Cash flows from operating activities:
Net loss                                                    $ (19,418) $(33,365)
Adjustments to reconcile net loss to
net cash provided by operating activities:
Changes in assets and liabilities:
     Increase (decrease) in accounts payable                   13,900     33,365
                                                             ---------  --------
     Net cash provided by operating activities                 (5,518)         -
Cash flows from investing activities:                               -          -
                                                             ---------  --------
Cash flows from Financing activities:
     Advances from shareholder                                  5,518          -
                                                             ---------  --------
     Net cash (used) provided by financing activities           5,518          -
Net increase (decrease) in cash                                     -          -
Cash - beginning of period                                          -          -
                                                             ---------  --------
Cash - end of period                                         $      -   $      -
                                                             =========  ========


Supplemental Disclosures:

     Interest paid for the period                            $      -          -
     Income taxes paid for the period                               -          -


</TABLE>

        The accompanying notes are an integral part of these statements.


                                        4
<PAGE>


                            GLOBAL PATH INCORPORATED
                        (FORMERLY KNOWN AS YOURNET, INC.)
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 JUNE 30, 2001
                                   (UNAUDITED)



NOTE  A-  SUMMARY  OF  ACCOUNTING  POLICIES

General
-------

     The  accompanying  unaudited  consolidated  financial  statements have been
prepared  in  accordance with the instructions to Form 10-QSB, and therefore, do
not  include  all the information necessary for a fair presentation of financial
position,  results  of  operations  and  cash flows in conformity with generally
accepted  accounting  principles.

     In  the  opinion  of  management,  all  adjustments  (consisting  of normal
recurring  accruals)  considered  necessary  for  a  fair presentation have been
included. Operating results for the six month period ended June 30, 2001 are not
necessarily  indicative  of  the results that may be expected for the year ended
December  31,  2001.  The  unaudited condensed consolidated financial statements
should  be  read  in  conjunction with the consolidated financial statements and
footnotes  thereto  included  in  the  Company's December 31, 2000 annual report
included  in  SEC  Form  10-KSB.

Business  and  Basis  of  Presentation
--------------------------------------

     Yournet,  Inc.,  formerly  Associated Medical Devices, Inc.("Company"), was
incorporated  under  the laws of the State of Nevada in March, 1980. The Company
was  formed to develop and market various medical devices. The Company's efforts
were  unsuccessful  and  the  Company  has  remained  dormant, while seeking new
business  opportunities.


     The  consolidated financial statements include the accounts of the Company,
and  its wholly owned subsidiary, Euro American Business Group, Inc. Significant
intercompany  transactions  have  been  eliminated  in  consolidation.


NOTE  B  -  SUBSEQUENT  EVENT

     On  August  14,  2001,  the  Company's  shareholders approved a merger with
Global  Path,  Inc.

     Pursuant  to  the  Plan  of  Merger,  the  Company:

     -Changed  its  name  to  Global  Path,  Incorporated
     -Reincorporated  under  the  laws  of  the  State  of  Delaware
     -Each shareholder will receive one (1) share of newly issued Class A common
      stock  for  each  share  of Company stock owned at the stipulated Record
      date of Reincorporating
     -Authorized  the  issuance  of  100,00,000  shares of  Class A common stock
     -Authorized  the  issuance  of  50,000,000  shares  of Class B common stock
     -Authorized  the  issuance  of  10,000,000  shares  of  preferred  stock
     -Adopted  a  Directors  and  Officers  Stock  Option  Plan
     -Adopted  an  Employees  Stock  Option  Plan

                                        5
<PAGE>
Item  2.     Management's  Discussion  and  Analysis  or  Plan  of  Operation

GENERAL  OVERVIEW

     The  Company's  six  month period ending June 30, 2001 is not indicative of
the  Company's  current  business  plan  and  operations. During the fiscal year
periods  ending December 31, 1997, December 31, 1998, and December 31, 1999, the
Company  was  inactive  and  had  no  revenues.  After  the  Company's change in
management in January 2000, the Company's attempted to pursue UK ISP operations.
This  attempt  was  not  successful  and  in  the  second quarter of 2001, a new
business  plan  was  implemented.  Therefore,  this  Management's Discussion and
Analysis will discuss the Company's plans for the development and implementation
of  its  proposed  business  under  the  heading,  Plan  of  Operation.

PLAN  OF  OPERATION

     The  Company  endeavours  to become a world-wide diversified company with a
charter  to  acquire  industry  leading  companies.  These  target companies are
heavily  undervalued  for  a  number of reasons. Once acquired, the Company will
remedy  appropriate corporate, market or capital issues, reposition the business
fundamentals  then  pull  the  acquisition  back  into  an  industry  leadership
position.  Fundamental to our business is an entrepreneurial philosophy based on
ownership.  Our  focus  is  clearly  on building value for our shareholders. The
management  team  is  small  in  number  but long on tenure. We work together as
partners,  creating  an  environment  that  supports  individual  strengths  and
decisive independent action. We provide our portfolio companies management teams
with  significant  depth  and breadth of expertise on acquisitions, integration,
strategy,  negotiations  and financing with a strong track record of completion.
We are actively pursuing, soliciting and building opportunities for the Company.
The  Company  is  currently  seeking  its  initial  acquisition  candidate.

LIQUIDITY  AND  CAPITAL  RESOURCES

     As  of  June 30, 2001 the Company had no revenue and no assets. The Company
incurred a net loss of $ 19,418 during the six month period ended June 30, 2001.
The Company's current liabilities exceeded its current assets by $ 129,222 as of
June  30, 2001. Failure of the Company to secure requisite financing when needed
and  on  favorable terms in the future may have a material adverse effect of the
Company's  results  of operations. The Company has borrowed funds from principal
shareholders to satisfy certain obligations. The Company's independent certified
public  accountants  have  stated  in  their  report  included  in the Company's
December 31, 2000 Form 10-KSB, that the Company has incurred operating losses in
the  last two years, and that the Company is dependent upon management's ability
to  develop  profitable   operations.  These  factors  among  others  may  raise
substantial  doubt  about  the Company's ability to continue as a going concern.



                                        6
<PAGE>

PART  II  -  OTHER  INFORMATION

Item  1.     Legal  Proceedings

     There  are  no  legal  proceeding  against  the  Company and the Company is
unaware  of  proceedings  contemplated  against  it.

Item  2.     Changes  in  Securities

     Prior  to  August 14, 2001, the authorized capital of the Company consisted
of  50,000,000  shares of common stock, par value $0.001 per share.  Pursuant to
the  Company's  reincorporation,  effective  August  14,  2001,  the  Company's
authorized  capital  consists  of 100,000,000 shares of Class A common stock par
value  $0.001  per  share,  50,000,000  shares of Class B common stock par value
$0.001 per share, and 10,000,000 shares of preferred stock, par value $0.001 per
share.  Holders  of  Class  A common stock are entitled to one vote per share on
all matters to be voted by the Company's shareholders; holders of Class B common
stock  are  entitled  to fifty votes per share on all matters to be voted by the
Company's  shareholders.

     Pursuant to the reincorporation, shareholders of Yournet, Inc. received the
right  to  receive one share of Class A common stock of Global Path Incorporated
for  each  one  share of common stock of the Company. After the reincorporation,
20,105,902  shares of Yournet, Inc. common stock will be converted to 20,105,902
shares  of  Class  A  common  stock  of  Global  Path  Incorporated ("GPI"), the
surviving  entity.  As  of the date of this report, the Company has committed to
issue  350,000  shares of Class B common stock, however the Company is currently
in  negotiations  to  unwind the transaction.

Item  3.     Defaults  Upon  Senior  Securities

     None

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

     On  August 14, 2001 at a Special Meeting of the Company's Shareholders, the
majority shareholders, consisting of approximately 15,773,000 shares (77.1%), of
the  Company,  formerly known as Yournet, Inc., a Nevada corporation, approved a
reincorporation  of the Company in Delaware through a merger of the Company into
Global  Path  Incorporated.

     The  reincorporation,  effective  August  14,  2001,  resulted  in:
(i)    the  Company  being governed by the General Corporation Law of Delaware;
(ii)   the  Company's  name  being  changed  to  "Global  Path  Incorporated";
(iii)  shares  of  common stock of the Company being converted into the right
       to receive one share of Class A common stock of GPI for each one share of
       common stock of the Company owned its shareholders as of the record  date
       June 25, 2001;
(iv)   the persons serving presently as officers and directors of the Company to
       serve  in  their respective  capacities  after  the  Reincorporation; and
(v)    the  Company's  Certificate of Incorporation authorizing  the issuance of
       100,000,000  shares of Class A common stock, 50,000,000 shares of Class B
       common stock  and  10,000,000  shares  of  preferred  stock.

     In addition, the majority shareholders approved and adopted the Global Path
Incorporated  2001  Stock  Option  and Stock Award Plan ("Directors and Officers
Plan")  for  the  purpose  of  maintaining  its  ability  to  attract and retain
qualified  directors,  officers  and  consultants.  Fifteen percent (15%) of the
issued and outstanding shares of the Company's common stock will be reserved for
issuance  under  the  Directors  and  Officers  Plan.

     The  majority  shareholders  also  approved  and  adopted  the  Global Path
Incorporated  2001  Employees  Stock  Incentive  Plan  ("Employee Plan") for the
purpose  of  maintaining  its ability to attract and retain qualified employees.
Ten  million  (10,000,000) shares of the Company's common stock will be reserved
for  issuance  under  the  Employee  Plan.

Item  5.     Other  Information

     On  August  14,  2001,  the  Company completed its reincorporation from the
state  of  Nevada  to  the  state  of  Delaware.

Item  6.     Exhibits  and  Reports  on  Form  8-K

(a)     Exhibits

None

(b)     Reports  on  Form  8-K

None

                                   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.

                                                     GLOBAL PATH INCORPORATED

Dated:  August 20, 2001
                                                     /s/ Robert Kubbernus
                                                     By: Robert Kubbernus
                                                     Its: President and Director


                                        7
<PAGE>