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 March 31, 2002

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

     For the transition period from _________ to _________

     Commission File No. 09489


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




          DELAWARE                                        98-0355519
(State or Other Jurisdiction of                          (IRS Employer
Incorporation or Organization)                       Identification Number)

   5TH FLOOR, 2 TORONTO STREET
     TORONTO, ONTARIO, CANADA                               M5C 2B6
(Address of Principal Executive Offices)                   (Zip Code)


                                 (416) 214-0066
                           (Issuers Telephone Number)


     Check  whether  the  issuer  (1)  filed all reports required to be filed by
Section  13  or 15(d) of the Exchange Act during the past 12 months (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  May  16,  2002,  the Company had 22,086,376 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  March  31,  2002  (Unaudited)
             and  December  31,  2001

             Consolidated  Statements  of  Operations  (Unaudited)  Three
             months ended  March  31,  2002  and  2001

             Consolidated  Statements  of  Cash  Flows  (Unaudited)  Three
             months ended  March  31,  2002  and  2001

             Notes  to  Consolidated  Financial  Statements
             March  31, 2002 (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


<PAGE>

                            GLOBAL PATH INCORPORATED
                            (FORMERLY YOURNET, INC.)

                           CONSOLIDATED BALANCE SHEET
                                   (Unudited)

<TABLE>
<CAPTION>



                                                                                March 31, 2002    December 31, 2001
                                                                               ----------------  -------------------
                                                                                  Unaudited
                                   ASSETS

<S>                                                                            <C>               <C>
 CURRENT ASSETS
   Loan Receivable                                                             $       150,000     $             -
                                                                               ----------------    ----------------
            Total Current Assets                                                       150,000                   -


 OTHER ASSETS
       Security Deposits and Other Assets                                               22,915               22,955
                                                                               ----------------  -------------------
                                                                                        22,915               22,955

                                                                               $       172,915   $           22,955
                                                                               ================  ===================

                      LIABILITIES AND DEFICIENCY IN
                           STOCKHOLDER'S EQUITY


 CURRENT LIABILITIES:
      Cash disbursed in excess of available balances                           $         6,230      $         4,914
      Accounts payable and accrued expenses                                            148,118              184,389
      Due to Shareholders                                                              369,134              141,802
                                                                               ----------------  -------------------
         Total current liabilities                                                     523,482              331,105


 COMMITMENTS AND CONTINGENCIES
                                                                                             -                    -

 DEFICIENCY IN STOCKHOLDER'S EQUITY
Preferred stock, par value $.001 per share;
10,000,000 shares authorized; none issued at March
31, 2002 and December 31, 2001
                                                                                             -                    -
Class A Common stock, par value $.001 per share;
100,000,000 shares authorized; 21,555,903 and
20,455,903 shares issued at March 31, 2002 and
December 31, 2001, respectively                                                         21,556               20,456

Class B Common stock, par value $.001 per share,
50,000,000 shares authorized; none issued at March
31, 2002 and December 31, 2001                                                               -                    -
      Additional paid-in-capital                                                     3,694,606            3,100,705
       Accumulated Deficit                                                          (4,066,728)          (3,429,311)
                                                                               ----------------  -------------------
       Deficiency in stockholder's equity                                             (350,567)            (308,150)
                                                                               ----------------  -------------------
                                                                               $       172,915   $           22,955
                                                                               ================  ===================


See accompanying footnotes to the unaudited consolidated financial statements
</TABLE>

<PAGE>

                            GLOBAL PATH INCORPORATED
                            (FORMERLY YOURNET, INC.)

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                  (Unaudited)

<TABLE>
<CAPTION>



                                                     Three months ended March 31,
                                                    ------------------------------
                                                        2002                   2001
                                           ------------------------------  ------------
<S>                                        <C>                             <C>
Costs and Expenses:
     Selling, general and administrative   $                     636,420   $     1,196
     Interest                                                      1,353             -
                                           ------------------------------  ------------
Operating expense                                                637,773         1,196

Loss from Operations                                            (637,773)       (1,196)

Other Income                                                         356             -
Provision for Income Tax                                               -             -
                                           ------------------------------  ------------
                                                                     356             -

Net income                                 $                    (637,417)  $    (1,196)
                                           ==============================  ============

Loss per common share (basic and
assuming dilution)                         $                       (0.03)  $     (0.00)
                                           ==============================  ============

Weighted average common shares
outstanding                                                   20,640,347    20,455,903


  See accompanying footnotes to the unaudited consolidated financial statements
</TABLE>


<PAGE>

                            GLOBAL PATH INCORPORATED
                            (FORMERLY YOURNET, INC.)

                       CONSOLIDATED STATEMENTS OF CASH FLOW
                                  (Unaudited)


<TABLE>
<CAPTION>



                                                                 Three Months Ended March 31,
                                                                ------------------------------
                                                                     2002                 2001
                                                        ------------------------------  --------
<S>                                                     <C>                             <C>
INCREASE (DECREASE) IN CASH AND
 EQUIVALENTS
CASH FLOWS FROM OPERATING ACTIVITIES:
     Net loss                                           $                    (637,417)  $(1,196)
Adjustments to reconcile net loss to net cash provided
by operating activities:
     Common stock issued in exchange for services                             595,000
    (Increase) decrease in other assets                                            40         -
Increase in cash disbursed in excess of available
Balances                                                                        1,316         -
    Increase (decrease) in loan receivable                                   (150,000)        -
    Increase (decrease) in accounts payable                                   (36,271)      532
                                                        ------------------------------  --------
NET CASH USED BY OPERATING ACTIVITIES                                        (227,332)     (664)


CASH FLOWS FROM FINANCING ACTIVITIES:
     Proceeds from sale of common stock, net of costs                               -         -
     Advances from related parties                                            227,332       664
                                                        ------------------------------  --------
NET CASH PROVIDED (USED) IN FINANCING
ACTIVITIES                                                                    227,332       664

NET (DECREASE) INCREASE IN CASH AND
EQUIVALENTS                                                                         -         -

Cash and cash equivalents at January 1                                              -         -

Cash and cash equivalents at March 31                   $                           -   $     -
                                                        ------------------------------  --------


Supplemental Disclosures of Cash Flow Information
Cash paid during the period for interest                $                           -   $     -
Income taxes paid                                                                   -         -
Common stock issued for services                                              595,000         -


  See accompanying footnotes to the unaudited consolidated financial statements

</TABLE>

<PAGE>

                            GLOBAL PATH INCORPORATED
                             (FORMERLY YOURNET, INC.)
                   NOTES TO CONSOLIDATED  FINANCIAL STATEMENTS
                                 March 31, 2002
                                  (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. The
results  from  developmental  stage  operations for the three-month period ended
March  31,  2002  are  not  necessarily  indicative  of  the results that may be
expected  for  the  year  ended  December  31,  2002. The unaudited consolidated
financial  statements  should  be  read  in  conjunction  with  the consolidated
December  31,  2001  financial  statements and footnotes thereto included in the
Company's  SEC  Form  10-KSB.


Business  and  Basis  of  Presentation

Global  Path  Incorporated.,  formerly,  Yournet,  Inc  and formerly, Associated
Medical Devices, Inc. ("Company") was reincorporated under the laws of the State
of  Delaware  in  September  2001.  The Company was formed to develop and market
various  medical devices; currently the Company is a diversified holding company
that  develops business assets in key verticals with below market valuations and
opportunities  for  expansion.

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.

Recent  Accounting  Pronouncements

In  July  2001, the Financial Accounting Standards Board (FASB) issued Statement
of  Financial  Accounting  Standards  No. 141, "Business Combinations" (SFAS No.
141),  and  Statement  of  Financial Accounting Standards No. 142, "Goodwill and
Other  Intangible  Assets"  (SFAS  No.  142).  The FASB also issued Statement of
Financial  Accounting  Standards No. 143, "Accounting for Obligations Associated
with  the  Retirement  of  Long-Lived  Assets"  (SFAS No. 143), and Statement of
Financial  Accounting  Standards  No.  144,"Accounting  for  the  Impairment  or
Disposal  of  Long-Lived  Assets"(SFAS  No.  144),  in  August and October 2001,
respectively.

SFAS  No.  141  requires  the  purchase  method  of  accounting  for  business
combinations  initiated  after  June  30,  2001  and  eliminates  the  pooling-
of-interest  method.  The adoption of SFAS No. 141 had no material impact on the
Company's  consolidated  financial  statements.


Effective  January  1,  2002,  the  Company  adopted SFAS No. 142. Under the new
rules,  the Company will no longer amortize goodwill and other intangible assets
with  indefinite  lives, but such assets will be subject to periodic testing for
impairment.  On  an annual basis, and when there is reason to suspect that their
values  have  been  diminished  or  impaired,  these  assets  must be tested for
impairment,  and  write-downs  to  be included in results from operations may be
necessary.  SFAS  No.  142  also requires the Company to complete a transitional
goodwill  impairment  test  six  months  from  the  date  of  adoption.

Any goodwill impairment loss recognized as a result of the transitional goodwill
impairment  test  will  be  recorded  as  a  cumulative  effect  of  a change in
accounting principle no later than the end of fiscal year 2002.  The adoption of
SFAS  No.  142  had  no  material impact on the Company's consolidated financial
statements.

SFAS  No.  143  establishes  accounting  standards  for  the  recognition  and
measurement  of  an  asset  retirement  obligation  and  its  associated  asset
retirement  cost.  It  also  provides  accounting guidance for legal obligations
associated  with  the  retirement of tangible long-lived assets. SFAS No. 143 is
effective  in  fiscal  years  beginning after June 15, 2002, with early adoption
permitted. The Company expects that the provisions of SFAS No. 143 will not have
a  material  impact  on  its  consolidated  results  of operations and financial
position  upon  adoption.  The  Company  plans  to  adopt SFAS No. 143 effective
January  1,  2003.

SFAS  No.  144  establishes  a  single  accounting  model  for the impairment or
disposal  of  long-lived assets, including discontinued operations. SFAS No. 144
superseded  Statement of Financial Accounting Standards No. 121, "Accounting for
the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of"
(SFAS  No.  121), and APB Opinion No. 30, "Reporting the Results of Operations -
Reporting the Effects of Disposal of a Segment of a Business, and Extraordinary,
Unusual and Infrequently Occurring Events and Transactions". The Company adopted
SFAS  No.  144  effective  January  1,2002.  The adoption of SFAS No. 144 had no
material  impact  on  Company's  consolidated  financial  statements.


<PAGE>

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

GENERAL  OVERVIEW

Since  the  development of its re-focused business plan in the second quarter of
2001,  with a mandate to become a global strategic holding company with a number
of  diversified  assets,  the Company has been actively pursuing acquisitions of
companies with the potential to be industry-leaders. With the goal of sustaining
finite  focus,  an  analysis and interpretation of market conditions resulted in
the  Company identifying the IT security segment as the greatest opportunity for
shareholder  appreciation.  Therefore,  given  management's  background  and
expertise in this industry, the Company has concentrated its efforts on specific
target  acquisitions  with  superior  growth  potential.

PLAN  OF  OPERATIONS  FOR  THE  COMPANY

Fundamental  to  the  Company's  business  is  an  entrepreneurial  philosophy.
Management's  focus  is  singularly  on  building  value for its shareholders by
working  together  with  its  acquisitions  as  partners  in an environment that
supports  individual  strengths  and decisive independent action.  The Company's
International  Partners  Program  opens  doors for the Company and its portfolio
member  companies  to capital markets and business opportunities worldwide.  The
Company's  member companies also benefit from management's significant depth and
breadth  of  experience  with  mergers  and acquisitions, integration, strategy,
negotiations  and  financing.  The  Company  is  aggressive  in  its  pursuit,
solicitation  and  development  of  business  acquisitions.

Annual Corporate activities range between $900,000 and $1,500,000, pending costs
associated  with  takeover  and purchase elements. The Company raises capital as
required  through  private  fund  placements,  related  parties  and  strategic
relationships.

LIQUIDITY  AND  CAPITAL  RESOURCES

Each  acquisition  by the Company will be independently funded. By utilizing its
existing  network  of financial relationships, the Company will design financial
instruments  specifically  tailored  to  each  unique  opportunity.

On  April  20,  2002  the  Company  executed  a  letter  of  intent  with Entact
Information  Security  Corporation  ("Entact"),  a  privately  held  corporation
providing  security  software  solutions  to  large  and  medium  international
enterprise  markets, for the purchase by the Company of all the assets of Entact
in  exchange  for  convertible preferred stock of the Company.  This transaction
supercedes  a  prior letter of intent between the Company and Entact whereby the
Company had intended to purchase all the issued and outstanding shares of Entact
in exchange for restricted common stock of the Company.  Both parties decided in
early April to pursue an asset purchase rather than a share purchase.  As of the
date  of  this  Report, definitive agreements relating to the asset purchase are
being  drafted  for  planned  execution  by  the  end  of  May.

On  March 1, 2002, the Company entered into a interest-bearing loan agreement to
advance  $300,000  to  Entact in advance of the completion of the original share
acquisition.  In  return  for  the  loan,  the  Company  has received a security
interest in all of the assets of Entact. As of the date of this Report, $150,000
has  been  drawn  down  on  this  loan  facility  to  Entact.


<PAGE>

On  March  31,  2002, the Company issued a note payable to Madison Family Trust,
which  the  Company's  CEO  and  Director,  Mr.  Kubbernus  serves  as a Trustee
but  disclaims  any  beneficial  ownership,  in the amount of $233,000 for funds
advanced  to  the  Company during the period January 31, 2002 to March 31, 2002.
The interest rate  on  the  note  is  10%  and  a  maturity  date  of  March 30,
2003.

Pursuant  to  the  Company's  Directors  and Officers Plan registered under Form
S-8,  as filed with the SEC on November 19, 2001 and amended March 11, 2002, the
Company  issued  a  warrant to purchase 1,000,000 shares of the Company's common
stock  at  an  exercise  price  of  $0.75  per  share,  to  Thomas V. Ackerly as
compensation  for  consulting  fees  in  January  2002.  As  of the date of this
Report,  Mr.  Ackerly  has  exercised  his  warrant  to  purchase  100,000
shares  of the Company's  common  stock, resulting in a cash flow from financing
activities  of  $75,000  for  the  three  month  period  ending  March 31, 2002.

On  March  15,  2002,  pursuant  to  the  Company's  Directors and Officers Plan
registered  under  Form  S-8,  as  filed  with  the SEC on November 19, 2001 and
amended March 11, 2002, the Company issued 500,000 free trading shares to Philip
W.  Johnston,  at  an  average  price  of  $0.52 per share, for payment of legal
services.

On  March  15,  2002,  pursuant  to  the  Company's  Directors and Officers Plan
registered  under  Form  S-8,  as  filed  with  the SEC on November 19, 2001 and
amended March 11, 2002, the Company issued 500,000 restricted shares and 125,000
three-year  options  with  an  exercise  price  of  $0.50  per share and 125,000
three-year  options  with an exercise price of $1.00 to Richard Langley, Jr. for
payment  of  consulting  services.

As  of  March  31,  2002,  the Company has no revenue.  As a result of increased
business  activity  and  the pursuit of its initial acquisition, the Company has
incurred  costs  and  made  deposits.  These  efforts  have resulted in security
deposits  and  other  assets  of $22,915 and increased operational expenses. The
Registrant had a working capital deficit of $ 373,482 compared to a deficit of $
331,105  at  December 31, 2001, a decrease in working capital of $ 42,377.  As a
result  of the Registrant's operating losses during the three month period ended
March  31,  2002,  the Registrant generated cash flow deficits of $ 302,332 from
operating  activities.

Failure  of  the  Company  to  secure  requisite  financing  when  needed and on
favorable  terms  in  the  future  may  have  a  material  adverse effect on 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, 2001 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.


PART  II  -  OTHER  INFORMATION

Item  1.     Legal  Proceedings

     None.


<PAGE>

Item  2.     Changes  in  Securities

     None.

Item  3.     Defaults  Upon  Senior  Securities

     None.

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

     None.

Item  5.     Other  Information

     None

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:  May  18,  2002

                                                   /s/ Robert Kubbernus
                                                 By:  Robert  Kubbernus
                                                 Its:  President  and  Treasurer



/s/ Robert Kubbernus
____________________   Chairman  &        May  18,  2002
Robert  Kubbernus      Director


/s/ Stephan Rind
___________________     Director          May  19,  2002
Stephan  Rind