<PAGE>

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

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                  FORM 10-KSB
(Mark One)
[X]                  ANNUAL REPORT UNDER SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                  For the fiscal year ended December 31, 2000
                       ----------------------------------
OR
[ ]               TRANSITION REPORT PURSUANT TO SECTION 13 OR
                  15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
         For the transition period from _____________ to ______________

                       Commission file number:  000-29701


                            SYNDICATION NET.COM, INC
              (Exact name of small business issuer in its charter)

      Delaware                                         57-2218873
     -----------                                      -----------
(State or other jurisdiction of                    (I.R.S. Employer
incorporation or organization)                     Identification No.)

                              The Hartke Building
                               7637 Leesburg Pike
                          Falls Church, Virginia 22043
                   -----------------------------------------
              (Address of principal executive offices)  (zip code)

                   Issuer's Telephone Number:   703/ 748-3480

Securities registered under Section 12(g) of the Exchange Act:  Common Stock,
$.0001 par value per share

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the last 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 ____
                                                               --

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B not contained in this form, and no disclosure will be contained,
to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. [X]
                                -

State issuer's revenues for its most recent fiscal year.           $7,315,093

State the aggregate market value of the voting and non-voting common equity held
by non-affiliates computed by reference to the price at which the common equity
was sold, or the average bid and asked price of such common equity, as of a
specified date within the past 60 days.          $ 0.

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

     Class                                Outstanding at December 31, 2000
     -----                                ------------------------------------
     Common Stock, par value $0.0001                 10,781,750

Documents incorporated by reference:    None

================================================================================
<PAGE>

                                     PART I

Item 1.  Description of Business

Background

     SyndicationNet.com, Inc. ("SyndicationNet" or the "Company") was
incorporated in Delaware on March 24, 1999 under the name Algonquin Acquisition
Corporation. In August 1999, Algonquin changed its name to Life2K.com, Inc. On
August 16, 1999, Life2K.com, Inc. acquired all the outstanding shares of Kemper
Pressure Treated Forest Products, Inc., an operating Mississippi company. On
October 13, 2000 Life2K.com, Inc. was acquired by Generation Acquisition
Corporation, a public reporting company, as a wholly-owned subsidiary.
Subsequently, Life2K.com, Inc. was merged with and into Generation Acquisition
Corporation which simultaneously changed its name to "SyndicationNet.com, Inc."

     SyndicationNet is headquartered at the Hartke Building, 7637 Leesburg Pike,
Falls Church, Virginia 22043.

Business Development

     SyndicationNet.com, Inc., a Delaware corporation, is a start-up holding
company which was formed to acquire controlling interests in or to participate
in the creation of, and to provide financial, management and technical support
to, development stage Internet business to business ("B2B"), e-commerce
businesses and/or traditional brick and mortar businesses. SyndicationNet's
strategy is to integrate affiliated companies into a network and to actively
develop the business strategies, operations and management teams of the
affiliated entities.

     SyndicationNet currently has one wholly-owned subsidiary, Kemper Pressure
Treated Forest Products, Inc. Kemper is engaged in the retail brokerage business
of preservative treated lumber such as utility poles, bridge pilings, timber and
guardrail posts. Kemper is also developing computer software applications that
will enable Kemper to manage on-line bidding for the treatment, sale and
shipment of processed wood.

     SyndicationNet is currently operating at a loss and may need to raise
additional funds in the future for its operations.  If it is unable to raise
additional financing, SyndicationNet may not be able to continue its operations.
SyndicationNet may seek additional capital through an offering of its equity
securities, an offering of debt securities or obtaining financing through a bank
or other entity. If SyndicationNet needs to obtain additional financing,
financing may not be available from any source, or not available on terms
acceptable to SyndicationNet, and any future offering of securities may not be
successful. If additional funds are raised through the issuance of equity
securities, there may be a significant dilution in the value of SyndicationNet's
outstanding common stock. SyndicationNet could suffer adverse consequences if it
is unable to obtain additional capital when needed.

     SyndicationNet, primarily through the marketing efforts of its executive
officers, directors and consultants, intends to locate B2B Internet-related
companies and/or traditional brick and mortar businesses for which
SyndicationNet will act as a general corporate consultant and intends to locate
development stage companies as acquisition candidates. SyndicationNet's
management team, led by retired United States Senator Vance Hartke, hopes to
take advantage of the resources of its directors, specifically in the areas of
accounting, e-commerce, finance and politics, to enable SyndicationNet to
consult with, acquire and integrate B2B e-commerce companies and/or traditional
brick and mortar businesses and to leverage SyndicationNet's collective
management resources and experiences. SyndicationNet intends to actively explore
synergistic opportunities such as cross marketing efforts within the network of
companies it will consult with or acquire.

      SyndicationNet believes that it can add value to development stage B2B e-
commerce Internet-related companies and/or traditional brick and mortar
businesses by providing or locating seed-capital and SyndicationNet may take
advantage of various potential business acquisition opportunities through the
issuance of SyndicationNet's securities. SyndicationNet believes it can further
assist them in the following areas:

     - to develop and implement business models that capitalize on the
       Internet's ability to provide solutions to traditional companies;
<PAGE>

     - to build a corporate infrastructure including a management team, a
       qualified sales and marketing department, information technology, finance
       and business development;

     - to assist them in their ability to manage rapid growth and flexibility to
       adopt to the changing Internet marketplace and technology;

     - to assist them in evaluating, structuring and negotiating joint ventures,
       strategic alliances, joint marketing agreements and other corporate
       transactions; and

     - to advise them in matters related to corporate finance, financial
       reporting and accounting operations.

     In evaluating whether to act as a consultant with a particular company or,
perhaps, acquire an interest in an existing company, SyndicationNet intends to
apply an analysis which includes, but is not limited to, the following factors:

     1. Industry evaluation to determine inefficiencies that may be alleviated
through Internet or e-commerce use and will evaluate the profit potential, the
size of the market opportunity and the competition that exists for that
particular industry.

     2. Target company evaluation to determine if the target company has the
products, services and skills to become successful in its industry.

     3. Overall quality and industry expertise evaluation of a potential
acquisition candidate in deciding whether to acquire a target company. If the
target company's management skills are lacking, a determination will be made as
to whether a restructuring of its corporate infrastructure is feasible and, if
done so, whether it would be successful.

     4. Evaluation of SyndicationNet's equity position in a target company and
extent that SyndicationNet will be able to exert influence over the direction
and operations of the development stage company.

     5. As a condition to any acquisition, SyndicationNet intends to  require
representation on the company's board of directors to ensure its ability to
provide active guidance to the acquired company. SyndicationNet  intends to
structure its acquisitions to permit the acquired company's management and key
personnel to retain an equity stake in the company.

The Company's subsidiary, Kemper Pressure Treated Forest Products, Inc.

     SyndicationNet's wholly owned subsidiary, Kemper Pressure Treated Forest
Products, Inc. ("Kemper"), was incorporated on December 28, 1987 under the state
laws of Mississippi.  Kemper was organized to procure, buy, sell and harvest
products for treating poles, conventional lumber and wood products, as well as
preserve and treat wood and forest products for sale in wholesale and retail
markets.  On October 9, 1997, Kemper entered into an asset purchase agreement
and lease assignment with Electric Mills Wood Preserving, Inc., a Mississippi
company, under which Kemper sold all of its assets and reassigned its lease
related to its manufacturing enterprise. Currently Kemper acts as a retail
broker of treated timber, having eliminated virtually all of its manufacturing
capacities.

     Kemper markets, distributes and arranges transportation for its treated
pine and hardwood lumber products which are used for utility poles, transmission
poles, pilings, bridge timbers, mining ties and guardrail posts. Kemper, in
working with the utility industry, procures two classifications of lumber poles:
(i) distribution poles which are typically used for electricity, cable,
telephone and other wires and (ii) transmission poles capable of carrying high
voltage electricity.

     Kemper currently engages the services of a third party supplier, Electric
Mills Wood Preserving, Mississippi, which provides 100% of Kemper's wood
treating and procurement services on a purchase order basis. Management
<PAGE>

believes that, if needed, other suppliers could provide these services on
comparable terms. A change in suppliers could, however, cause a delay in
manufacturing and a possible loss of sales, which would adversely affect
Kemper's results of operations.

     Kemper currently has one customer, Shelby County Forest Products, Inc.,
Tacoma, Washington, which accounts for 100% of Kemper's revenues. Although
Kemper's management team is continually negotiating contracts with potential
customers, a loss of its current customer could have a material adverse affect
on Kemper's results of operations.

Item 2.  Description of Property

     SyndicationNet is headquartered in the Hartke Building located at 7637
Leesburg Pike, Falls Church, Virginia 22043. Retired United States Senator Vance
Hartke, the president of SyndicationNet and the owner of the Hartke Building,
has granted SyndicationNet use of office space in the Hartke Building on a rent-
free basis. SyndicationNet projects that such office space should be sufficient
for its anticipated needs for the foreseeable future. SyndicationNet's telephone
number is 703/748-3480 and its fax number is 703/790-5435.

Item 3.  Legal Proceedings

     There is no litigation pending or threatened by or against SyndicationNet.

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

     No matter was submitted to a vote of security holders, through the
solicitation of proxies or otherwise, during the fourth quarter of the fiscal
year covered by this report.


                                    PART II

Item 5.  Market for Common Equity and Related Stockholder Matters

     There is currently no public market for the securities of SyndicationNet.

     The Company intends to take the steps required to cause its common stock to
be admitted to quotation on the OTC Bulletin Board or, if it then meets the
financial and other requirements thereof, on the Nasdaq SmallCap Market,
National Market System or regional or national exchange.  The Company has filed
a registration statement under the Securities Act of 1933, as amended, to
register 561,500 shares of common stock held by current shareholders.  Following
the effective date of the registration statement, the Company will seek to have
its common stock admitted to quotation on the OTC Bulletin Board.  The Company
does not know when, if at all, the registration statement will be declared
effective or its securities admitted to quotation.

     Within the past three years, the Company has issued the following shares of
its common stock, par value $.0001 (the "Shares"), for cash or services rendered
to the Company and has granted the following warrants to purchase its common
stock, absent registration under the Securities Act of 1933, as amended (the
"Securities Act") pursuant to the exemption provided in Section 4(2) of the
Securities Act for transactions by an issuer not involving a public offering
except shares of common stock issued by Generation Acquisition Corporation prior
to the stock exchange transaction and name change, which shares were issued in
reliance on Rule 506 of the Securities Act. The following information, unless
indicated otherwise, is provided as calculated on a post-merger basis.

     Some of the holders of the shares issued below may have subsequently
transferred or disposed of their shares and the list does not purport to be a
current listing of SyndicationNet's shareholders.

     In October 1995, the Company issued an aggregate of 9,780,000  shares of
its common stock to two individuals for services rendered in founding the
Company.
<PAGE>

     In August 1999, the Company issued 3,750 shares of its common stock to one
individual as payment for accrued interest as part of a loan agreement in which
the Company borrowed $25,000.

     In September 1999, the Company issued 6,250 shares of its common stock to
one individual for accrued interest as part of a loan agreement in which the
Company borrowed $25,000.

     On March 25, 1999, the Company issued 5,000,000 (pre-merger) shares of its
common stock to TPG Capital Corporation at par of which 4,750,000 shares were
later redeemed at par.

      In October 1999, the Company issued 7,500 shares of its common stock (pre-
merger) to one individual at a purchase price of $1.00 per share. The Company
also issued an aggregate of 50,000 shares of its common stock to five of its
directors as compensation for their services.

     In January 2000, the Company issued (i) 20,000 shares of its common stock
to Cynthia White as compensation for accounting services rendered to the
Company; (ii) 6,000 shares of its common stock to one entity upon the exercise
of a certain option agreement to purchase 10,000 shares of the Company's common
stock exercisable at $1.00; and (iii) issued 36,000 shares of its common stock
upon the conversion of 60,000 (pre-merger) shares of the Company's preferred
stock issued to a consultant to the Company in 1995.

     In March 2000, the Company issued 100,000 shares of its common stock to
HTRG Consulting LLC as compensation for web hosting, web design and research
services rendered to the Company. On March 21, 2000, the Company issued 84,000
shares of its common stock to Mark Solomon, a director of the Company, for a
purchase price of $42,000.

     From February through August 2000, the Company issued an aggregate of
322,500 shares of its common stock to ten individuals for an aggregate purchase
price of $227,500.

     On June 7, 2000, the Company issued 31,750 shares of its common stock to
one individual in exchange for the cancellation of a $25,000 loan.

     On October 16, 2000, the Company issued an aggregate of 60,000 shares of
its common stock to five of its directors and its chief financial officer as
compensation for services rendered to the Company.

     In November 2000, the Company issued 50,000 shares of its common stock to
HTRG Consulting LLC as compensation for web hosting, web design and research
services rendered to the Company.

     In November and December 2000, the Company issued 34,000 shares of its
common stock to 15 individual investors for an aggregate purchase price of
$4,386.

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

     The following discussion is intended to provide an analysis of
SyndicationNet's financial condition and plan of operation and should be read in
conjunction with SyndicationNet's financial statements and the notes thereto.
The matters discussed in this section that are not historical or current facts
deal with potential future circumstances and developments. Such forward-looking
statements include, but are not limited to, the development plans for the growth
of SyndicationNet, trends in the results of SyndicationNet's development,
anticipated development plans, operating expenses and SyndicationNet's
anticipated capital requirements and capital resources. SyndicationNet's actual
results could differ materially from the results discussed in the forward-
looking statements.

    Although SyndicationNet believes that the expectations reflected in the
forward-looking statements and the assumptions upon which the forward-looking
statements are based are reasonable, it can give no assurance that such
expectations and assumptions will prove to be correct.
<PAGE>

General

     SyndicationNet.com, Inc., a Delaware corporation, is a start-up holding
company which was formed to acquire controlling interests in or to participate
in the creation of, and to provide financial, management and technical support
to, development stage businesses. SyndicationNet's strategy is to integrate
affiliated companies into a network and to actively develop the business
strategies, operations and management teams of the affiliated entities.

     SyndicationNet currently has one wholly owned subsidiary, Kemper Pressure
Treated Forest Products, Inc. Kemper is engaged in the retail brokerage business
of preservative treated lumber such as utility poles, bridge pilings, timber and
guardrail posts. Kemper is also developing computer software applications that
will enable Kemper to manage on-line bidding for the treatment, sale and
shipment of processed wood.

Plan of Operation

     (i) The Company believes that it currently has enough cash on hand,
including accounts receivable, to enable it to operate for the next twelve
months. The Company's revenues and profits, if any, will depend upon various
factors, including whether the Company will be able to effectively evaluate the
overall quality and industry expertise of potential acquisition candidates,
whether the Company will have the funds to provide seed capital and mezzanine
financing to e-commerce and Internet-related companies and whether the Company
can develop and implement business models that capitalize on the Internet's
ability to provide solutions to traditional companies. The Company may be
materially adversely affected if it is unable to secure sufficient funds to
finance its proposed acquisitions and operating costs.

     The Company, primarily through the marketing efforts of its executive
officers, directors and consultants, intends to locate B2B Internet-related
companies and/or traditional brick and mortar businesses for which the Company
will act as a general corporate consultant and intends to locate development
stage companies as acquisition candidates. Over the next twelve months, the
Company's management team, led by retired United States Senator Vance Hartke,
hopes to take advantage of the resources of its directors, specifically in the
areas of accounting, e-commerce, finance and politics, to enable the Company to
consult with, acquire and integrate B2B e-commerce companies and/or traditional
brick and mortar businesses and to leverage the Company's collective management
resources and experiences. The Company intends to actively explore synergistic
opportunities such as cross marketing efforts within the network of companies it
will consult with or acquire.

     The Company intends for its management team to identify companies that are
positioned to succeed and to assist those companies with financial, managerial
and technical support. Over the next 12 months the Company intends to increase
revenue and gross profit margin by focusing and expanding its consulting
services. It is management's belief that potential acquisition targets can be
better identified and assessed for risk if the Company becomes involved with
various companies on a consulting capacity. The Company's strategy is to
integrate affiliated companies into a network and to actively develop the
business strategies, operations and management teams of the affiliated entities.

     On September 19, 2000, the Company entered into a Services and Consulting
Agreement with Tri-State Metro Territories, Inc, a Delaware corporation ("Tri-
State") in the business of selling franchised hair coloring salon units under
the copy right name of "haircolorxpress". The Company was retained as Tri-
State's consultant to assist in the development of management, sales, and
marketing of "haircolorxpress", franchised hair coloring salon units in the
District of Columbia, Virginia, Maryland and Delaware. The Company will be
compensated from Tri-State at an hourly rate of $150 to $250. For the period
ending December 31, 2000, the Company received fees of $51,300 to be applied
toward its hourly fees. Initially the agreement is for a term of twenty years
with up to four 5-year extensions. The Company hopes that it will enter into
several agreements over the next 12 months that will increase consulting fees as
well as open dialog for acquisition considerations.

Year Ended December 31st 2000 compared to December 31st 1999 for the
---------------------------------------------------------------------
Company together with its wholly owned subsidiary, Kemper Pressure Treated
--------------------------------------------------------------------------
Forest Products, Inc.
---------------------

     For the year ended December 31, 2000, the Company's revenues increased by
23.4% to $7,315,093 from $5,597,576 for the year ended December 31, 1999. The
increase is primarily attributed to the growth of the Company's wholly owned
subsidiary, Kemper Pressure Treated Forest Products, Inc.  It is the position of
management that the client base of the subsidiary should expand over the next
year and the trend should continue.
<PAGE>

     The general operation and management expenses for the period ended December
31, 2000 increased 55% to $570,334 up from $256,555 for the period ending
December 31, 1999.  It is management's belief that the increase is primarily
attributed to the one time expenses related to the Company's recent merger,
filing of its registration statement and public offering efforts. The cost of
audits, legal fees, and project consulting fees attributed to the merger process
and public offering efforts have been extensive, but are expected to decrease
over the next 12 months.

     Cost of sales were $7,267,571 for the year ended December 31, 2000,
compared to $5,526,429 for the year ended December 31, 1999. This increase in
cost of sales was primarily attributable to an increase in the Company's
revenue.

     The net losses for the year ended December 31, 2000 were $(485,439)
compared to net losses of $(212,220) for the year ended December 31, 1999. The
primary reasons for the increase in the current period loss were the costs
attributed to the merger and registration process.

     Total current assets increased to $571,761 at December 31, 2000 from
$496,150 at December 31, 1999, due primarily to the increase of the Company's
accounts receivable.  Total current liabilities increased from $998,257 at
December 31, 2000 from $962,524 at December 31, 1999.

       The Company has not paid dividends on its common stock, and intends to
reinvest its earnings to support its working capital and expansion requirements.
The Company intends to continue to utilize its earnings in the development and
expansion of the business and does not expect to pay cash dividends in the
foreseeable future.  It is the belief of management that as the Company moves
toward an active trading status the ability to raise capital by stock issuance
to effect its business plan is enhanced.

     (ii)   The Company does not expect to purchase or sell any manufacturing
facilities or significant equipment over the next twelve months.

     (iii)  The Company does not foresee any significant changes in the number
of its employees over the next twelve months.

Item 7.  Financial Statements

     The financial statements for the year ended December 31, 2000 are attached
to this filing.

Item 8.  Changes in and Disagreements with Accountants on Accounting and
         Financial Disclosure

     There were no changes in or disagreements with accountants on accounting
and financial disclosure for the period covered by this report.


                                    PART III

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

       The Directors and Officers of the Company are as follows:

     Name                Age         Position

     Vance Hartke        81          President and Director

     Mark Griffith       41          Treasurer, Secretary and Director

     Cynthia White       32          Chief Financial Officer

<PAGE>

     Name                Age         Position

     Mark Solomon        45          Director

     Wayne Hartke        52          Director

     Howard B. Siegel    57          Director

     SyndicationNet's directors have been elected to serve until the next annual
meeting of the stockholders of SyndicationNet and until their respective
successors have been elected and qualified or until death, resignation, removal
or disqualification. SyndicationNet's Certificate of Incorporation provides that
the number of directors to serve on the Board of Directors may be established,
from time to time, by action of the Board of Directors. Vacancies in the
existing Board are filled by a majority vote of the remaining directors on the
Board. SyndicationNet's executive officers are appointed by and serve at the
discretion of the Board. Directors receive an annual issuance of 10,000 shares
of SyndicationNet's common stock for serving as directors of SyndicationNet and
are repaid for expenses incurred in performing their obligations thereof.

     Senator Vance Hartke, Esq. (retired) serves as the President and a director
of SyndicationNet. Retired Senator Hartke received his Juris Doctor in 1948 from
Indiana University Law School. From 1956 to 1958, Senator Hartke served as the
Mayor of the City of Evansville, Indiana. From 1958 to 1976, Vance Hartke served
as the United States Senator from Indiana for three terms. Senator Hartke was a
member of the United States Senate Finance Committee with jurisdiction over
taxes, debt control, international trade, social security, welfare, health and
energy, and a member of the United States Senate Commerce Committee with
jurisdiction over trade and tourism, business, communication and consumer
affairs.

     Former Senator Vance Hartke is a practicing attorney who currently heads
"The Hartke Group", a full service family-owned advisory/consulting firm. Over a
period of 30 years, Mr. Hartke has been involved with the United Nation, the
World Health Organization, the Food and Agricultural Organization, the United
Nations Development Program, the World Bank, U.S. Aide, the Overseas Private
Investment Corporation, the Export-Import Bank, the Inter American Development
Bank and various agencies of the United States Administration, the United States
Senate and the United States House of Representatives.

     Senator Hartke is the co-founder of the American Trial Lawyers Association
and the founder of the International Executive Service Corps. Senator Hartke
currently serves as a director of Neptune Pharmaceuticals USA, Inc., a privately
held company that imports and exports pharmaceutical products, and also serves
as a director of Wood Holdings, Inc. and Wood Sales, Inc., privately held
companies in the wood preservative industry.

     Mark Solomon, Esq. serves as Chairman of the Board of Directors of
SyndicationNet. Mr. Solomon received a Bachelor of Science Degree from Nova
University in 1976 and received his Juris Doctor from Nova University Law School
in 1979. Mr. Solomon is a practicing attorney specializing in criminal law.

     Cynthia White serves as the Chief Financial Officer of SyndicationNet.
Since October, 1991, Ms. White has owned The Accelerated Group, Inc., an
accounting firm which specializes in corporate and individual taxes, audits,
financial reporting and business consultation. From 1992 to 1993, Ms. White also
served as the Comptroller for Optoelectronics, Inc. and prior to that she served
as an accountant for Florida Business Services, Inc. and the accounting firm of
James and Surman, CPA. In 1992, Ms. White received her B.A. from Florida
Atlantic University with a major in accounting. Ms. White also serves as the
treasurer for the Boca Raton Society for the Disabled, Inc.

     Mark Griffith serves as the Treasurer, Secretary and a director of
SyndicationNet. Mr. Griffith received his Bachelor of Arts degree in History and
in Education from Salisbury State University in 1984. From December 2000 to the
present, Mr. Griffith has served as the senior compliance examiner for Sterling
Financial Investment Group, Florida. From September 2000 to December 2000, Mr.
Griffith worked as a registered securities principal with National Securities,
Inc., a Florida based securities firm. From 1997 to September, 2000, Mr.
Griffith served as the Chief Compliance Officer for the Agean Group, a Florida
based securities firm. Prior to 1997, Mr. Griffith worked as a stockbroker for
J.W. Grant and Associates.
<PAGE>

     Wayne Hartke, Esq. serves as a director of SyndicationNet. Mr. Hartke
received his Bachelor of Arts degree from the University of Pennsylvania in 1970
and received his Juris Doctor in 1973 from the California Western School of Law.
Mr. Hartke, since 1978, has been a partner in the law firm of Hartke & Hartke
and is currently admitted to the bars of the District of Columbia, Virginia and
California. Mr. Hartke served as corporate counsel to Norris Satellite
Communications, Inc. where he participated in negotiations with Sprint, Orbital
Sciences Corporation, Harris Corporation and Echostar regarding satellite launch
contracts. Mr. Hartke also has experience in Federal Communications Commission
license applications, the development and sale of coal properties, international
crude oil purchases and the acquisition and marketing of Internet domain names.

     Mr. Hartke currently serves as a director of Tong-1 Pharmaceuticals, Inc.,
a privately held retail chain of drug stores operating in China. Mr. Hartke also
serves as a director of Wood Holdings, Inc. and Wood Sales, Inc., privately held
companies in the wood preservative industry. Mr. Wayne Hartke is the son of
Senator Vance Hartke, the President and a director of SyndicationNet.

     Howard S. Siegel serves as a director of SyndicationNet. Mr. Siegel
received his Juris Doctor in 1969 from St. Mary's University Law School. Since
1969, Mr. Siegel has been a practicing attorney. For the past five years, Mr.
Siegel has worked with the law office of Yuen & Associates, located in Houston,
Texas. Prior to working for Yuen & Associates, Mr. Siegel was employed with the
Internal Revenue Service, Tenneco, Inc., Superior Oil Company and Braswell &
Paterson. Mr. Siegel serves as a director of Golden Triangle Industries, Inc.
(GTII), a public company traded on the Nasdaq exchange, and serves as a director
for Signature Motor Cars, Inc, a privately-held company.

Item 10. Executive Compensation

       No officer or director received compensation from SyndicationNet in
excess of $100,000 during the fiscal year ended December 31, 2000.

<TABLE>
<CAPTION>

SUMMARY COMPENSATION TABLE
<S>                                 <C>   <C>

     Name and Principal Position    Year  Salary
                                    ----  ------

     Vance Hartke                   2000      $0
</TABLE>


Item 11. Security Ownership of Certain Beneficial Owners and Management

       The following table sets forth, as of December 31, 2000, each person
known by the Company to be the beneficial owner of five percent or more of the
Company's common stock and the directors and officers of the Company. Except as
noted, the holder thereof has sole voting and investment power with respect to
the shares shown.

<TABLE>
<CAPTION>

                                                                Shares of
                                                               common stock
Name, Position and Address           Beneficially Owned (1)  Percent of Class
--------------------------          -----------------------  ----------------
<S>                                  <C>                     <C>

Vance Hartke                                  20,000                (*)
President and director
7637 Leesburg Pike
Falls Church, Virginia 22043

Mark Griffith                                 20,000                (*)
Secretary, Treasurer and director
465 N.E. 3rd Street
Boca Raton, Florida 33432

</TABLE>

<PAGE>


<TABLE>
<CAPTION>

                                                                Shares of
                                                               common stock
Name, Position and Address           Beneficially Owned (1)  Percent of Class
--------------------------          -----------------------  ----------------
<S>                                  <C>                     <C>

Cynthia White                                 30,000                (*)
Chief Financial Officer
7637 Leesburg Pike
Falls Church, Virginia 22043

Mark Solomon                                 104,000                (*)
Director
901 South  Federal Highway
Fort Lauderdale, Florida 22216

Wayne Hartke                                  20,000                (*)
Director
7637 Leesburg Pike
Falls Church, Virginia 22043

Howard B. Siegel                              20,000                (*)
Director
15902 South Barker Landing
Houston, Texas 77079

Dale Hill                                  4,708,366              43.6%
5056 Westgrove Drive
Dallas, Texas 75248

Brian Sorrentino                           3,732,924              34.6%
Consultant
PO Box 484
Damascus, Maryland 20872

All Officers and Directors                   214,000              1.98%
as a group (6 persons)

</TABLE>

--------------------
*    Represent less than 1% of the outstanding shares of SyndicationNet.

(1)  Based upon 10,781,750 shares of SyndicationNet's common stock issued and
     outstanding as of April 1, 2001.


Item 12. Certain Relationships and Related Transactions

     SyndicationNet.com ratified a corporate service consulting agreement that
Kemper had with Source Management Services, Inc. Source Management is to oversee
the general activities of Kemper on a day to day basis, develop and execute
Kemper's business plan, assist in the preparation of audits, registration
statements and the listing of SyndicationNet.com securities on the OTC Bulletin
Board.  For the fiscal year 2000, SyndicationNet.com has agreed to compensate
Source Management the greater of $150 per hour or $17,500 per month. If and when
SyndicationNet.com's securities are traded on any United States stock exchange,
Source Management will receive 5% of the outstanding shares of
SyndicationNet.com's common stock.

     SyndicationNet borrowed $105,000 from Brian Sorrentino, a greater than 5%
shareholder of SyndicationNet's common stock and the principal of Source
Management Services.  SyndicationNet executed a promissory note for the loan
amount at an interest rate of 12% per annum. The loan, due March 3, 2000, has
not been paid as of the date of this filing.
<PAGE>

     In September 1999, SyndicationNet borrowed $25,000 from Dr. Rati Kenta
Dutta, a shareholder. Dr. Dutta agreed to cancel such loan together with any
accrued interest in exchange for an aggregate of 38,000 shares of
SyndicationNet's common stock which shares were issued to Dr. Dutta in August
2000.

Item 13. Exhibits and Reports on Form 8-K

       (a)  Exhibits

3.1**  Certificate of Incorporation, filed with the registration statement of
       Generation Acquisition Corporation on Form 10-SB (file No. 000-29701)
       filed with the Commission and incorporated herein by reference.

3.2**  By-Laws of the Company, filed with the registration statement of
       Generation Acquisition Corporation on Form 10-SB (file No. 000-29701)
       filed with the Commission and incorporated herein by reference.

4.1**  Agreement and Plan of Reorganization among Generation Acquisition
       Corporation, Life2K, Inc., and the shareholders of Life2K, Inc. filed on
       Form 8-K with the Commission on November 6, 2000 and incorporated herein
       by reference.

4.2**  Agreement and Plan of Merger between Generation Acquisition
       Corporation and Life2K Acquisition Corporation filed on Form 8-K with the
       Commission on November 6, 2000 and incorporated herein by reference.


**     Previously filed.


       (b)  SyndicationNet filed a Form 8-K with the Securities and Exchange
            Commission on November 6, 2000.
<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)

                       CONSOLIDATED FINANCIAL STATEMENTS

                               December 31, 2000

<PAGE>



                                C O N T E N T S
<TABLE>
<CAPTION>


<S>                                                       <C>
Independent Auditors' Report...............................  3

Consolidated Balance Sheet.................................  4

Consolidated Statements of Operations......................  5

Consolidated Statements of Stockholders' Equity (Deficit)..  6

Consolidated Statements of Cash Flows......................  7

Notes to the Consolidated Financial Statements.............  8
</TABLE>

<PAGE>

                          INDEPENDENT AUDITORS' REPORT
                          ----------------------------


Board of Directors
Syndication Net.com, Inc. and Subsidiary
(Formerly Life2K.com, Inc.)
Falls Church, Virginia

We have audited the accompanying consolidated balance sheet of Syndication
Net.com, Inc. and Subsidiary (formerly Life2K.com, Inc.) at December 31, 2000
and the related consolidated statements of operations, stockholders' equity
(deficit) and cash flows for the years ended December 31, 2000 and 1999.  These
consolidated financial statements are the responsibility of the Company's
management.  Our responsibility is to express an opinion on these consolidated
financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing
standards.  Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement.  An audit includes examining on a test basis, evidence supporting
the amounts and disclosures in the financial statements.  An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present
fairly, in all material respects, the consolidated financial position of
Syndication Net.com, Inc. and Subsidiary (formerly Life2K.com, Inc.) as of
December 31, 2000 and the consolidated results of their operations and their
cash flows for the years ended December 31, 2000 and 1999 in conformity with
generally accepted accounting principles.

The accompanying consolidated financial statements have been prepared assuming
the Company will continue as a going concern.  As discussed in Note 7 to the
consolidated financial statements, the Company has incurred significant losses
which have resulted in an accumulated deficit and a deficit in stockholders'
equity, raising substantial doubt about its ability to continue as a going
concern.  Management's plans in regard to these matters are also described in
Note 7.  The consolidated financial statements do not include any adjustments
that might result from the outcome of this uncertainty.



HJ & Associates, LLC
Salt Lake City, Utah
March 27, 2001

<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
                           Consolidated Balance Sheet


                                     ASSETS
                                     ------
<TABLE>
<CAPTION>

                                                           December 31,
                                                               2000
                                                             --------
 <S>                                                        <C>
CURRENT ASSETS

 Cash                                                      $        45
 Accounts receivable (Note 1)                                  571,716
                                                           -----------

  Total Current Assets                                         571,761
                                                           -----------

PROPERTY AND EQUIPMENT - NET (Note 2)                            1,820
                                                           -----------

  TOTAL ASSETS                                             $   573,581
                                                           ===========

   LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
   ---------------------------------------------

CURRENT LIABILITIES


 Accounts payable                                          $   870,644
 Accrued expenses (Note 3)                                      22,613
 Notes payable - related party (Note 6)                        105,000
                                                           -----------

  Total Current Liabilities                                    998,257
                                                           -----------

COMMITMENTS AND CONTINGENCIES (Note 4)

STOCKHOLDERS' EQUITY (DEFICIT)

 Preferred stock: 20,000,000 shares authorized of
  $0.0001 par value, no shares issued and outstanding                -
 Common stock: 100,000,000 shares authorized of $0.0001
  par value, 10,781,750 shares issued and outstanding            1,078
 Additional paid-in capital                                    791,749
 Accumulated deficit                                        (1,217,503)
                                                           -----------

  Total Stockholders' Equity (Deficit)                        (424,676)
                                                           -----------

  TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)     $   573,581
                                                           ===========

</TABLE>

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

                                       4
<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
                     Consolidated Statements of Operations
<TABLE>
<CAPTION>


                                     For the Years Ended
                                         December 31,
                                   ------------------------
                                       2000         1999
                                   ----------   ----------
<S>                                <C>          <C>
SALES                              $7,315,093   $5,597,576

COST OF GOODS SOLD                  7,267,571    5,526,429
                                   ----------   ----------

GROSS MARGIN                           47,522       71,147
                                   ----------   ----------

OPERATING EXPENSES

 Depreciation                             910          910
 General and administrative           570,334      256,555
                                   ----------   ----------

  Total Operating Expenses            571,244      257,465
                                   ----------   ----------

OPERATING LOSS                       (523,722)    (186,318)
                                   ----------   ----------

OTHER INCOME (EXPENSES)

 Other income                          51,300            -
 Interest expense                     (13,017)     (26,179)
 Interest income                            -          277
                                   ----------   ----------

  Total Other Income (Expenses)        38,283      (25,902)
                                   ----------   ----------

NET LOSS                           $ (485,439)  $ (212,220)
                                   ==========   ==========

BASIC LOSS PER SHARE               $    (0.05)  $    (0.02)
                                   ==========   ==========
</TABLE>

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

                                       5

<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
           Consolidated Statements of Stockholders' Equity (Deficit)

<TABLE>
<CAPTION>


                                                Preferred Stock             Common Stock         Additional
                                       -------------------------------  -----------------------   Paid-In    Accumulated
                                            Shares          Amount        Shares      Amount      Capital     Deficit
                                       ----------------  -------------  ----------  -----------  ---------  ------------
<S>                                    <C>               <C>            <C>         <C>          <C>        <C>

Balance, December 31, 1998                           -            $ -    9,813,916       $  981  $192,209   $  (519,844)

Recapitalization                                60,000              6      189,312           19       (25)            -

Common stock issued for cash at
 $1.65 per share                                     -              -        7,572            1    12,499             -

Capital contributions, 1999                          -              -            -            -    60,000             -

Net loss for the year ended
 December 31, 1999                                   -              -            -            -         -      (212,220)
                                       ---------------   ------------   ----------       ------  --------   -----------

Balance, December 31, 1999                      60,000              6   10,010,800        1,001   264,683      (732,064)

Conversion of preferred shares
 to common stock                               (60,000)            (6)      36,000            4         2             -

Common stock issued for cash at
 prices ranging from $0.83 to $2.50
 per share                                           -              -      193,500           19   227,482             -

Common stock issued for cash and
 services at $1.67 per share                         -              -       50,400            5    83,995             -

Common stock issued for services
 at $1.67 per share                                  -              -       78,000            8   129,992             -

Common stock issued for conversion
 of debt at $1.64 per share                          -              -       19,050            2    31,248             -

Recapitalization                                     -              -      250,000           25       (25)            -

Common stock issued for cash at
 $0.047 per share                                    -              -       94,000            9     4,377             -

Common stock issued for services
 at $1.00 per share                                  -              -       50,000            5    49,995             -

Net loss for the year ended
 December 31, 2000                                   -              -            -            -         -      (485,439)
                                       ---------------   ------------   ----------       ------  --------   -----------

Balance, December 31, 2000                           -   $         -    10,781,750       $1,078  $791,749   $(1,217,503)
                                       ===============   ============   ==========       ======  ========   ===========
</TABLE>

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

                                       6
<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
                     Consolidated Statements of Cash Flows
<TABLE>
<CAPTION>

                                                    For the Years Ended
                                                       December 31,
                                                  ----------------------
                                                     2000        1999
                                                  ---------   ---------
<S>                                               <C>         <C>
CASH FLOWS FROM OPERATING ACTIVITIES

 Net loss                                         $(485,439)  $(212,220)
 Adjustments to reconcile net loss to net cash
  used in operating activities:
  Depreciation                                          910         910
  Common stock issued for services                  249,000           -
 Changes in operating assets and liabilities:
  (Increase) in accounts receivable                 (83,876)    (50,633)
  Increase in accounts payable                       85,255      17,786
  Increase in accrued expenses                        6,728      22,135
                                                  ---------   ---------

   Net Cash Used in Operating Activities           (227,422)   (209,522)
                                                  ---------   ---------

CASH FLOWS FROM INVESTING ACTIVITIES                      -           -
                                                  ---------   ---------

CASH FLOWS FROM FINANCING ACTIVITIES

 Proceeds from notes payable - related party              -     155,000
 Payments on notes payable - related party          (25,000)          -
 Proceeds from issuance of common stock             246,887      12,500
 Proceeds from additional capital contribution            -      60,000
                                                  ---------   ---------

   Net Cash Provided by Financing Activities        221,887     215,000
                                                  ---------   ---------

NET INCREASE (DECREASE) IN CASH AND
 CASH EQUIVALENTS                                    (5,535)      5,478

CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR          5,580         102
                                                  ---------   ---------

CASH AND CASH EQUIVALENTS, END OF YEAR            $      45   $   5,580
                                                  =========   =========

SUPPLEMENTAL CASH FLOW INFORMATION

Cash Payments For:

 Income taxes                                     $       -   $       -
 Interest                                         $  12,539   $   4,044

Non-Cash Financing Activities

 Stock issued for services                        $ 249,000   $       -
 Stock issued for outstanding debt                $  31,250   $       -
</TABLE>


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

                                       7
<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
                 Notes to the Consolidated Financial Statements
                           December 31, 2000 and 1999


NOTE 1 -  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

       a.  Organization

       The consolidated financial statements presented are those of Syndication
       Net.com, Inc. (formerly Life2K.com, Inc.) (Syndication) and its wholly-
       owned subsidiary, Kemper Pressure Treated Forest Products, Inc. (Kemper).
       Collectively, they are referred to herein as the "Company".   Syndication
       was incorporated under the name of Generation Acquisition Corporation
       (Generation) on March 25, 1999 under the laws of the State of Delaware to
       engage in any lawful act or activity.  Effective August 16, 1999,
       Life2K.com, Inc. (Life2K) issued 16,200,000 shares of its common stock
       and 60,000 shares of its preferred stock in exchange for the issued and
       outstanding stock of Kemper.  Effective October 13, 2000, pursuant to an
       Agreement and Plan of Organization between Generation Acquisition
       Corporation and Life2K, Generation Acquisition Corporation issued
       10,387,750 shares of its outstanding common stock for 100% of the
       outstanding shares of Life2K.  As part of the transaction, Life2K was
       merged with and into Generation Acquisition Corporation, Life2K was
       dissolved and Generation Acquisition Corporation changed its name to
       Syndication Net.com, Inc.

       Kemper was incorporated on December 28, 1987 under the State laws of
       Mississippi. Kemper was organized to procure, buy, sell and harvest
       forest products for treating poles, conventional lumber and wood
       products, as well as preserve and treat wood and forest products for sale
       in wholesale and retail markets.

       On October 9, 1997, Kemper entered into an asset purchase agreement and
       lease assignment under which it conditionally sold all of its assets as
       well as reassigned its lease related to its manufacturing enterprise.
       From that time, Kemper has acted as a retail broker, having eliminated
       virtually all of its manufacturing capacity.

       At the time of the acquisition of Kemper, Life2K was essentially
       inactive, with no operations and minimal assets.  Additionally, the
       exchange of Life2K's common stock for the common stock of Kemper resulted
       in the former stockholders of Kemper obtaining control of Life2K.
       Accordingly, Kemper became the continuing entity for accounting purposes,
       and the transaction was accounted for as a recapitalization of Kemper
       with no adjustment to the basis of Kemper's assets acquired or
       liabilities assumed.  For legal purposes, Life2K was the surviving
       entity.

       At the time of the acquisition of Life2K, Syndication was essentially
       inactive, with no operations and minimal assets.  Additionally, the
       exchange of Syndication's common stock for the common stock of Life2K
       resulted in the former stockholders of Life2K obtaining control of
       Syndication.  Accordingly, Life2K became the continuing entity for
       accounting purposes, and the transaction was accounted for as a
       recapitalization of Life2K with no adjustment to the basis of Life2K's
       assets acquired or liabilities assumed. For legal purposes, Syndication
       was the surviving entity.

                                       8
<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
                 Notes to the Consolidated Financial Statements
                           December 31, 2000 and 1999


NOTE 1 -  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
         (Continued)

       b.  Accounting Method

       The Company's consolidated financial statements are prepared using the
       accrual method of accounting.  The Company has elected a December 31 year
       end.

       c.  Cash and Cash Equivalents

       The Company considers all highly liquid investments with a maturity of
       three months or less when purchased to be cash equivalents.

       d.  Accounts Receivable

       Accounts receivable consist entirely of an amount due from one customer.
       As management of the Company believes the amount to be fully collectible,
       no allowance for doubtful accounts has been recorded at December 31,
       2000.

       e.  Basic Loss Per Share

       The computations of basic loss per share of common stock are based on the
       weighted average number of common shares outstanding during the period of
       the consolidated financial statements as follows:
<TABLE>
<CAPTION>
                                    For the Years Ended
                                        December 31,
                                  -------------------------
                                      2000         1999
                                  -----------   ----------
<S>                               <C>           <C>
          Loss (numerator)        $  (485,439)  $ (212,220)
          Shares (denominator)     10,396,192    9,886,570
          Per share amount              (0.05)  $    (0.02)
</TABLE>

       f.  Change in Accounting Principle

       The Company has adopted the provisions of FASB Statement No. 138
       "Accounting for Certain Derivative Instruments and Hedging Activities,
       (an amendment of FASB Statement No. 133.)"  Because the Company had
       adopted the provisions of FASB Statement No. 133, prior to June 15, 2000,
       this statement is effective for all fiscal quarters beginning after June
       15, 2000.  The adoption of this principle had no material effect on the
       Company's consolidated financial statements.

                                       9
<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
                 Notes to the Consolidated Financial Statements
                           December 31, 2000 and 1999


NOTE 1 -  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
          (Continued)

       f.  Change in Accounting Principle (Continued)

       The Company has adopted the provisions of FASB Statement No. 140
       "Accounting for Transfers and Servicing of Financial Assets and
       Extinguishments of Liabilities (a replacement of FASB Statement No.
       125.)"  This statement provides accounting and reporting standard for
       transfers and servicing of financial assets and extinguishments of
       liabilities.  Those standards are based on consistent application of a
       financial-components approach that focuses on control.  Under that
       approach, the transfer of financial assets, the Company recognized the
       financial and servicing assets it controls and the liabilities it has
       incurred, derecognizes financial assets when control has been
       surrendered, and derecognizes liabilities when extinguished.  This
       statement provides consistent standards for distinguishing transfers of
       financial assets that are sales from transfers that are secured
       borrowings.  This statement is effective for transfers and servicing of
       financial assets and extinguishments of liabilities occurring after March
       31, 2001.  This statement is effective for recognition and
       reclassification of collateral and for disclosures relating to
       securitization transactions and collateral for fiscal years ending after
       December 15, 2000.  The adoption of this principle had no material effect
       on the Company's consolidated financial statements.

       The Company has adopted the provisions of FIN 44 "Accounting for Certain
       Transactions Involving Stock Compensation (an interpretation of APB
       Opinion No. 25.)". This interpretation is effective July 1, 2000.  FIN 44
       clarifies the application of Opinion No. 25 for only certain issues.  It
       does not address any issues related to the application of the fair value
       method in Statement No. 123.  Among other issues, FIN 44 clarifies the
       definition of employee for purposes of applying Opinion 25, the criteria
       for determining whether a plan qualifies as a noncompensatory plan, the
       accounting consequence of various modifications to the terms of a
       previously fixed stock option or award, and accounting for an exchange of
       stock compensation awards in a business combination. The adoption of this
       principle had no material effect on the Company's consolidated financial
       statements.

       g.  Property and Equipment

       Property and equipment is recorded at cost.  Major additions and
       improvements are capitalized.  The cost and related accumulated
       depreciation of equipment retired or sold are removed form the accounts
       and any differences between the undepreciated amount and the proceeds
       from the sale are recorded as gain or loss on sale of equipment.
       Depreciation is computed using the straight-line method over a period of
       five years.

                                       10
<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
                 Notes to the Consolidated Financial Statements
                           December 31, 2000 and 1999


NOTE 1 -  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
          (Continued)

       h.  Provision for Taxes

       At December 31, 2000, the Company had net operating loss carryforwards of
       approximately $1,217,000 that may be offset against future taxable income
       through 2020.  No tax benefit has been reported in the consolidated
       financial statements because the potential tax benefits of the net
       operating loss carryforwards are offset by a valuation allowance of the
       same amount.

       The income tax benefit differs from the amount computed at federal
       statutory rates of approximately 38% as follows:
<TABLE>
<CAPTION>
For the Years Ended
                                                                          December 31,
                                                                     ----------------------
                                                                        2000        1999
                                                                     ---------   ---------
<S>                                                                  <C>         <C>
Income tax benefit at statutory rate                                 $ 184,460   $  80,644
Change in valuation allowance                                         (184,460)    (80,644)
                                                                     ---------   ---------

                                                                     $       -   $       -
                                                                     =========   =========

Deferred tax assets (liabilities) are comprised of the following:

                                                                      For the Years Ended
                                                                           December 31,
                                                                      --------------------
                                                                        2000        1999
                                                                     ---------   ---------

Income tax benefit at statutory rate                                 $ 462,460   $ 278,000
Change in valuation allowance                                         (462,460)   (278,000)
                                                                     ---------   ---------

                                                                     $       -   $       -
                                                                     =========   =========
</TABLE>

       Due to the change in ownership provisions of the Tax Reform Act of 1986,
       net operating loss carryforwards for Federal income tax reporting
       purposes are subject to annual limitations.  Should a change in ownership
       occur, net operating loss carryforwards may be limited as to use in
       future years.

       i.  Principles of Consolidation

       The consolidated financial statements include those of Syndication and
       its wholly-owned subsidiary, Kemper.

       All material intercompany accounts and transactions have been eliminated.

                                       11
<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
                 Notes to the Consolidated Financial Statements
                           December 31, 2000 and 1999


NOTE 1 -  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
          (Continued)

       j.  Estimates

       The preparation of financial statements in conformity with generally
       accepted accounting principles requires management to make estimates and
       assumptions that affect the reported amounts of assets and liabilities
       and disclosure of contingent assets and liabilities at the date of the
       financial statements and the reported amounts of revenues and expenses
       during the reporting period.  Actual results could differ from those
       estimates.

       k.  Advertising

       The Company follows the policy of charging the costs of advertising to
       expense as incurred.

       l.  Revenue Recognition Policy

       Revenue is recognized upon shipment of goods to the customer.

       m.  Concentrations of Risk

       Concentration in the Volume of Business Transacted with a Particular
       --------------------------------------------------------------------
       Supplier
       --------

       The Company currently engages the services of only one supplier, which
       provides 100% of its wood treating and procurement services.  Although
       there are a limited number of manufacturers which provide wood treating
       and procurement services, management believes that other suppliers could
       provide these services on comparable terms.  A change in suppliers,
       however, could cause a delay in manufacturing and a possible loss of
       sales, which would affect operating results adversely.

       Concentration in the Volume of Business Transacted with a Particular
       --------------------------------------------------------------------
       Customer
       --------

       The Company currently has one major customer which accounts for 100% of
       its revenues. Although the Company is continually negotiating contracts
       with potential customers, a loss of this customer could greatly affect
       the operating results of the Company.

NOTE 2 -  PROPERTY AND EQUIPMENT

       Property and equipment consists of the following at December 31, 2000:
<TABLE>
<CAPTION>

<S>                                  <C>
       Office equipment              $ 4,550
       Accumulated depreciation       (2,730)
                                     -------

       Net property and equipment    $ 1,820
                                     =======

</TABLE>

                                       12
<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
                 Notes to the Consolidated Financial Statements
                           December 31, 2000 and 1999


NOTE 2 -  PROPERTY AND EQUIPMENT (Continued)

       Depreciation expense for the years ended December 31, 2000 and 1999 was
       $910 and $910, respectively.

NOTE 3 -  ACCRUED EXPENSES

       At December 31, 2000, accrued expenses consist of $22,613 of interest
       payable associated with the related party - notes payable (Note 6).

NOTE 4 -  COMMITMENTS AND CONTINGENCIES

       On May 18, 1999, the Company entered into an agreement to acquire a
       reporting United States corporation with audited financial statements
       showing no material assets or liabilities. The Company agreed to pay
       $100,000 for its services in regard to the transaction.  Payment of this
       amount is to be made as follows:

       $10,000 on execution of the agreement, $30,000 on delivery of offering
       materials under rules 504 and/or 506, $35,000 on the business combination
       and $25,000 on the filing of a Form 8-K with the Securities and Exchange
       Commission.  If the Company does not elect to make any offerings under
       rules 504 or 506, then the payment due on the business combination will
       be $60,000.

       On April 7, 1999, the Company ratified its corporate service consulting
       agreement with Source Management Services, Inc. (Source), a related
       company owned by a significant shareholder.  Source is to oversee the
       general activities of the Company on a day-to-day basis, develop and
       execute a business plan, and assist in other ongoing administrative
       issues.  For the year ended December 31, 2000, the Company agreed to pay
       Source the greater of $150 per hour or $17,500 per month.  The Company
       has also agreed to award Source a bonus of 5% of the outstanding shares
       of stock when the Company's securities are traded on any United States
       stock exchange.

       On September 19, 2000, the Company entered into a Services and Consulting
       Agreement with Tri-State Metro Territories, Inc. (Tri-State), a business
       that sells franchised hair coloring salon units under the copyright name
       of "haircolorxpress."  The Company was retained as Tri-State's consultant
       to assist in the development of management, sales and marketing of
       "haircolorxpress" franchised hair coloring salon units.  The Company
       received a total of $51,300 during 2000 as a result of the consulting
       agreement with Tri-State.  The agreement is for a term of twenty years
       with up to four, five-year extensions.  The Company is currently in
       negotiations with a number of companies that are interested in entering
       into similar consulting agreements.

NOTE 5 -  PREFERRED STOCK

       The shareholders of the Company have authorized 20,000,000 shares of
       preferred stock with a par value of $0.0001.  The terms of the preferred
       stock are to be determined when issued by the board of directors of the
       Company.

       On January 1, 2000, the remaining 60,000 Series A preferred shares were
       converted into common shares, thus, at December 31, 2000, no preferred
       shares were outstanding.

                                       13
<PAGE>

                    SYNDICATION NET.COM, INC. AND SUBSIDIARY
                          (Formerly Life2K.com, Inc.)
                 Notes to the Consolidated Financial Statements
                           December 31, 2000 and 1999


NOTE 6 -  NOTES PAYABLE - RELATED PARTY

       Notes payable to related parties consisted of the following at December
31, 2000:

 Note payable to a related party, due on demand, plus  interest

 at 12% per annum, unsecured.                                        $ 105,000

Less: Current Portion                                                $(105,000)
                                                                     ---------

Long-Term Notes Payable to Related Parties                           $    -
                                                                     =========

The aggregate principal maturities of notes payable to related
 parties are as follows:

           Year Ended
           December 31,                                                Amount
          -------------                                              ---------

              2001                                                   $ 105,000
              2002                                                        -
              2003                                                        -
              2004                                                        -
              2005 and thereafter                                         -
                                                                     ---------

                       Total                                         $105,000
                                                                     =========

NOTE 7 -  GOING CONCERN

       The Company's consolidated financial statements are prepared using
       generally accepted accounting principles applicable to a going concern
       which contemplates the realization of assets and liquidation of
       liabilities in the normal course of business.  The Company has
       historically incurred significant losses which have resulted in an
       accumulated deficit of $1,217,503 at December 31, 2000 which raises
       substantial doubt about the Company's ability to continue as a going
       concern.  The accompanying consolidated financial statements do not
       include any adjustments relating to the recoverability and classification
       of liabilities that might result from the outcome of this uncertainty.

       It is management's intent to acquire Internet and E-commerce companies as
       well as develop a software for online bidding services.  Management
       believes this bidding service process will allow the Company to bid and
       package contracts online for the treatment, sale and shipment of
       processed wood.  In addition, management believes that being a publicly
       traded company will enhance their negotiating leverage as well as provide
       a source of additional funding if needed.

                                       14
<PAGE>

                                   SIGNATURES


     Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.

                                        SYNDICATION NET.COM, INC.


                                        By: /s/ Vance Hartke
                                            ----------------
                                             President

                                        By: /s/ Cynthia White
                                            -------------------
                                            Chief Financial Officer
                                            and Principal Accounting Officer


Dated: April 11, 2001


     Pursuant to the Securities Exchange Act of 1934, this report has been
signed below by the following persons on behalf of the registrant and in the
capacities and on the dates indicated.

Name                            Officer                          Date
----                            -------                         ------
/s/ Mark Griffith               Treasurer, Secretary        April 11, 2001
                                and Director

                                                            April  11, 2001
/s/ Mark Solomon                Director

                                                            April  11, 2001
/s/ Wayne Hartke                Director

                                                            April  10, 2001
/s/ Howard B. Siegel            Director