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

                                   Form 10-QSB


                                   (Mark One)

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

       For the Quarterly Period Ended June 30, 2000

                        Commission file number 33-36670

                       HIDENET SECURE ARCHITECTURES, INC.
                       ----------------------------------
             (Exact name of registrant as specified in its charter)

          New Jersey                                     22-3061278
          ----------                                     ----------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)


103 Medinat Hayehudim Street, POB 837, Herzliya Israel              46733
------------------------------------------------------              -----
      (Address of principal executive offices)                    (Zip Code)

                               011-972-9-957-9795
              (Registrant's telephone number, including area code)


               ---------------------------------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 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

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

       Common  Stock,  $.025  par  value,  5,205,725  shares  outstanding  as of
September 15, 2000

Traditional Small Business Disclosure Format (check one):     [X] Yes  [_]  No
<PAGE>

                        HIDENET SECURE ARCHITECTURES INC.

                      (A company in the development stage)


                    INTERIM CONSOLIDATED FINANCIAL STATEMENTS


                               AS OF JUNE 30, 2000


                                 IN U.S. DOLLARS


                                    UNAUDITED




                                      INDEX


                                                                Page
                                                          --------------

Consolidated Balance Sheets ..............................       2

Consolidated Statements of Operations ....................       3

Statements of Changes in Shareholders' Equity (Deficiency)     4 - 5

Consolidated Statements of Cash Flows ....................       6

Notes to Consolidated Financial Statements ...............     7 - 8




                                 - - - - - - - -



<PAGE>



                                               HIDENET SECURE ARCHITECTURES INC.
                                            (A company in the development stage)
CONSOLIDATED BALANCE SHEETS
--------------------------------------------------------------------------------
In U.S. dollars
<TABLE>


                                                                     December 31,          June 30,
                                                                         1999                2000
                                                                     ----------           ----------
                                                                                           Unaudited
                                                                                          ----------
<S>                                                                       <C>              <C>
    ASSETS

CURRENT ASSETS:
Cash and cash equivalents .................................               4,360            1,095,904
Accounts receivable and prepaid expenses ..................              43,888               90,436
                                                                     ----------           ----------

Total current assets ......................................              48,248            1,186,340
                                                                     ----------           ----------

PROPERTY AND EQUIPMENT, NET ...............................              38,846               69,936
                                                                     ----------           ----------

OTHER ASSETS, NET .........................................             100,000               80,000
                                                                     ----------           ----------

                                                                        187,094            1,336,276
                                                                     ==========           ==========
    LIABILITIES AND SHAREHOLDERS' DEFICIENCY

CURRENT LIABILITIES:
Credit from banks .........................................                --                 13,074
Accounts payable and accrued liabilities ..................             116,178              185,285
Related parties ...........................................              85,000                 --
Loan received from officer ................................               3,352                 --
                                                                     ----------           ----------

Total current liabilities .................................             204,530              198,359
                                                                     ----------           ----------

CONVERTIBLE PREFERRED SHARES OF A SUBSIDIARY ..............                --              1,460,000
                                                                     ----------           ----------

SHAREHOLDERS' DEFICIENCY
Common shares at $ 0.025 par value -
  Authorized: 15,000,000 shares as of December 31, 1999;
  Issued and outstanding: 4,139,600 as of December 31, 1999             103,490              128,864
Additional paid-in capital ................................           1,278,166            2,494,534
Deferred compensation .....................................                --               (438,423)
Deficit accumulated during the development stage ..........          (1,399,092)          (2,507,058)
                                                                     ----------           ----------

Total shareholders' deficiency ............................             (17,436)            (322,083)

                                                                     ----------           ----------

                                                                        187,094            1,336,276
                                                                     ==========           ==========

</TABLE>



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


<PAGE>
CONSOLIDATED STATEMENTS OF OPERATIONS
--------------------------------------------------------------------------------
In U.S. dollars

<TABLE>
<CAPTION>


                                                                                                                Period from
                                                                                                                 August 23,
                                                                                                              1990 (inception)
                                       Year ended        Six months ended          Three months ended             through
                                      December 31,           June 30,                    June 30,                June 30,
                                          1999         1999          2000           1999         2000              2000
                                      ----------      ------      ----------       ------      ----------       ----------
                                                                                                Unaudited
                                                      --------------------------------------------------------------------
<S>                                   <C>            <C>           <C>            <C>          <C>              <C>
Operating costs and expenses:
  Research and development .....          75,041        --           224,575         --           124,250          299,616
  Marketing ....................          25,000        --              --           --              --             25,000
  General and administrative ...         271,034        --           143,979         --           102,773          567,652
  Compensation expenses ........          15,000        --           740,819         --           740,819          755,819
  Write-down of investment in
    subsidiary .................            --          --              --           --              --            859,478
                                      ----------      ------      ----------       ------      ----------       ----------

Operating loss .................         386,075        --         1,109,373         --           967,842        2,507,565
Financial expenses (income), net             900        --            (1,407)        --            (3,174)            (507)
                                      ----------      ------      ----------       ------      ----------       ----------

Net loss .......................         386,975        --         1,107,966         --           964,668        2,507,058
                                      ==========      ======      ==========       ======      ==========       ==========

Basic and diluted net loss per
  share ........................            0.19        --              0.24         --              0.19             5.43
                                      ==========      ======      ==========       ======      ==========       ==========

Weighted average number of
  shares used in computing
  basic and diluted net loss
  per share ....................       2,072,933      59,600       4,639,349       59,600       5,139,098          461,551
                                      ==========      ======      ==========       ======      ==========       ==========


</TABLE>


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


<PAGE>



STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIENCY
--------------------------------------------------------------------------------
In U.S. dollars
<TABLE>
<CAPTION>

                                                                                              Deficit
                                                                                            accumulated
                                                                           Additional       during the          Total
                                                  Common shares              paid-in        development     shareholders'
                                              Shares         Amount          capital           stage          deficiency
                                            ------------   ------------   --------------   --------------  -----------------

<S>                                         <C>             <C>           <C>             <C>                  <C>
Balance as of August 23, 1990                         -             -               -                -                 -

Issuance of shares, net                           1,820         1,820          14,857                -            16,677
Net loss                                              -             -               -          (16,915)          (16,915)
                                            ------------   ------------   --------------   --------------  -----------------

Balance as of April 1, 1992                       1,820         1,820          14,857          (16,915)             (238)

Additional paid-in capital acquired
  through services provided without                   -             -           9,000                -             9,000
costs
Net loss                                              -             -               -          (11,227)          (11,227)
                                            ------------   ------------   --------------   --------------  -----------------

Balance as of April 1, 1993                       1,820         1,820          23,857          (28,142)           (2,465)

Additional paid-in capital acquired
  through services provided without                   -             -           9,000                -             9,000
costs
Net loss                                              -             -               -          (12,020)          (12,020)
                                            ------------   ------------   --------------   --------------  -----------------

Balance as of April 1, 1994                       1,820         1,820          32,857          (40,162)           (5,485)

Additional paid-in capital acquired
through services provided without costs               -             -           9,000                -             9,000
Net loss                                              -             -               -           (9,681)           (9,681)
                                            ------------   ------------   --------------   --------------  -----------------

Balance as of April 1, 1995                       1,820         1,820          41,857          (49,843)           (6,166)

Additional paid-in capital acquired
  through services provided without                   -             -           9,000                -             9,000
costs
Net loss                                              -             -               -           (8,434)           (8,434)
                                            ------------   ------------   --------------   --------------  -----------------

Balance as of April 1, 1996                       1,820         1,820          50,857          (58,277)           (5,600)

Adjustment from change of par value to
  $ 0.025 per share                                   -        (1,775)          1,775                -                 -
Shares issued to acquire  foreign
  subsidiary                                     24,600           615               -                -               615
Net proceeds from private placement of
  shares                                          6,180           155         871,959                -           872,114
Net loss                                              -             -               -         (918,103)         (918,103)
                                            ------------   ------------   --------------   --------------  -----------------

Balance as of December 31, 1996                  32,600           815         924,591         (976,380)          (50,974)

Net loss                                              -             -               -          (12,487)          (12,487)
                                            ------------   ------------   --------------   --------------  -----------------

Balance as of December 31, 1997                  32,600           815         924,591         (988,867)          (63,461)

Issuance of shares, net                          27,000           675          19,325                -            20,000
Net loss                                              -             -               -          (23,250)          (23,250)
                                            ------------   ------------   --------------   --------------  -----------------

Balance as of December 31, 1998                  59,600         1,490         943,916       (1,012,117)          (66,711)

Issuance of Common shares in  respect of
  services                                    1,800,000        45,000         135,000                -           180,000
Issuance of warrants in respect of
consulting services                                   -             -          15,000                -            15,000
Issuance of Common shares in respect of
  purchasing know-how                         1,200,000        30,000          90,000                -           120,000
Issuance of Common shares, net                1,080,000        27,000          94,250                -           121,250
Net loss                                              -             -                         (386,975)         (386,975)
                                            ------------   ------------   --------------   --------------  -----------------

Balance as of December 31, 1999               4,139,600       103,490       1,278,166       (1,399,092)          (17,436)
                                            ============   ============   ==============   ==============  =================

</TABLE>

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


<PAGE>




STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIENCY
--------------------------------------------------------------------------------
In U.S. dollars
<TABLE>
<CAPTION>


                                                                                                            Deficit
                                                                                                         accumulated
                                                                            Additional                    during the       Total
                                                    Common shares            paid-in      Deferred       development   shareholders'
                                               Stock         Amount          capital    compensation        stage       deficiency
                                            ----------     ----------     ----------     ----------      ----------      ----------


<S>                   <C>                    <C>              <C>          <C>           <C>                <C>                <C>
Balance as of January 1, 2000 .........      4,139,600        103,490      1,278,166           --        (1,399,092)        (17,436)

Exercise of share options .............        500,000         12,500         50,000           --              --            62,500
Deferred compensation from shares .....        514,953         12,874      1,166,368     (1,179,242)           --              --
Amortization of deferred compensation .           --             --             --          740,819            --           740,819
Net loss ..............................           --             --             --             --        (1,107,966)     (1,107,966)
                                            ----------     ----------     ----------     ----------      ----------      ----------

Balance as of June 30, 2000 (unaudited)      5,154,553        128,864      2,494,534       (438,423)     (2,507,058)       (322,083)
                                            ==========     ==========     ==========     ==========      ==========      ==========


</TABLE>


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



<PAGE>



CONSOLIDATED STATEMENTS OF CASH FLOWS
--------------------------------------------------------------------------------
In U.S. dollars
<TABLE>
<CAPTION>

                                                                                                                      Period from
                                                                                                                       August 23,
                                                                                                                    1990 (inception)
                                               Year ended          Six months ended           Three months ended        through
                                              December 31,             June 30,                    June 30,             June 30,
                                                               --------------------------  -------------------------
                                                  1999            1999          2000          1999          2000          2000
                                             ----------------  ------------  ------------  -----------   -----------  --------------
                                                                                             Unaudited
                                                               ---------------------------------------------------------------------
Cash flows from operating activities:
<S>                                               <C>          <C>           <C>           <C>           <C>          <C>
Net loss                                          (386,975)             -    (1,107,966)            -      (964,668)    (2,507,058)
Adjustments to reconcile net loss to
  net cash used in operating activities:
  Officer salary and rent without costs                  -              -             -             -             -         41,930
  Write-down of investment in subsidiary                 -              -             -             -             -        859,478
  Consulting services expenses                     195,000              -             -             -             -        195,000
  Depreciation and amortization                     22,480              -        26,650             -        13,766         49,591
  Increase in accounts receivable and
    prepaid expenses                               (43,888)             -       (46,548)            -       (54,282)       (90,936)
  Increase in accounts payable and
    accrued liabilities                             57,302              -        69,107             -        36,074        185,325
  Increase (decrease) in payables to
related                                             85,000              -       (85,000)            -       (85,000)             -
    parties
  Amortization of deferred compensation                  -              -       740,819             -       740,819        740,819
                                             ----------------  ------------  ------------  -----------   -----------  --------------

Net cash used in operating activities              (71,081)             -      (402,938)            -      (313,291)      (525,851)
                                             ----------------  ------------  ------------  -----------   -----------  --------------

Cash flows from investing activities:
Purchase of property and equipment                 (41,326)             -       (37,740)            -       (22,974)       (79,066)
Advance payment to foreign subsidiary                    -              -             -             -             -       (858,864)
                                             ----------------  ------------  ------------  -----------   -----------  --------------

Net cash used in investing activities              (41,326)             -       (37,740)            -       (22,974)      (937,930)
                                             ----------------  ------------  ------------  -----------   -----------  --------------

Cash flows from financing activities:
-------------------------------------
Proceeds from issuance of Common shares,
  net                                              121,250              -             -             -             -      1,015,111
Exercise of share options                                -              -        62,500             -             -         62,500
Issuance of capital to a minority in a
  subsidiary, net                                        -              -     1,460,000             -     1,460,000      1,460,000
Loan received from officer                             200              -             -             -             -         67,035
Payments of loan received from officer              (4,683)             -        (3,352)            -       (53,352)       (58,035)
Changes in short-term credit, net                        -              -        13,074             -        13,074         13,074
                                             ----------------  ------------  ------------  -----------   -----------  --------------

Net cash provided by financing activities          116,767              -     1,532,222             -     1,419,722      2,559,685
                                             ----------------  ------------  ------------  -----------   -----------  --------------

Increase in cash and cash equivalents                4,360              -     1,091,544             -     1,083,457      1,095,904
Cash and cash equivalents at the
  beginning of the period                                -              -         4,360             -        12,447              -
                                             ----------------  ------------  ------------  -----------   -----------  --------------

Cash and cash equivalents at the
  end of the period                                  4,360              -     1,095,904             -     1,095,904      1,095,904
                                             ================  ============  ============  ===========   ===========  ==============

Non-cash investing and financing
activities:
Issuance of Common shares to acquire
  know-how                                         120,000              -             -             -             -        120,000
                                             ================  ============  ============  ===========   ===========  ==============
Common shares issued to acquire a foreign
  subsidiary                                             -              -             -             -             -            615
                                             ================  ============  ============  ===========   ===========  ==============

</TABLE>

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


<PAGE>



                                                           8

NOTE 1:-      GENERAL

              a.     Hidenet Secure Architectures Inc. ("the Company"), formerly
                     known as Savin  Electronics  Inc., is engaged in developing
                     products in the field of network data security.

              b.     Hidenet Secure  Architectures Ltd. was incorporated in June
                     1999, as a wholly-owned subsidiary of the Company.

              c.     The Company has sustained operating losses and expects such
                     losses to continue in the foreseeable  future.  The Company
                     has not generated any significant revenues or product sales
                     and has not achieved profitable operations or positive cash
                     flow from  operations.  The Company's  deficit  accumulated
                     during  the  development  stage  aggregated  to  $  308,702
                     through  June  30,  2000.   There  is  no  assurance   that
                     profitable operations, if ever achieved, could be sustained
                     on a continuing basis.

                     The Company  plans to  continue  to finance its  operations
                     with a  combination  of raising cash through an offering or
                     by  financial  support  from its  shareholders  and, in the
                     longer term, by generating revenues from product sales (see
                     also  Note 4).  There is no  assurance,  however,  that the
                     Company will be successful  in obtaining an adequate  level
                     of  financing  needed  for the  long-term  development  and
                     commercialization of its planned products.


NOTE 2:-      SIGNIFICANT ACCOUNTING POLICIES

              The  significant   accounting   policies  applied  in  the  annual
              financial  statements  of the Company as of December  31, 1999 are
              applied consistently in these financial statements.


NOTE 3:-      UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

              The accompanying  unaudited consolidated financial statements have
              been prepared in accordance  with  generally  accepted  accounting
              principles for interim financial information. Accordingly, they do
              not  include  all  the  information  and  footnotes   required  by
              generally  accepted  accounting  principles for complete financial
              statements.   In  the  opinion  of  management,   all  adjustments
              (consisting of normal recurring accruals) considered necessary for
              as fair presentation have been included. Operating results for the
              six-month   period  ended  June  30,  2000  are  not   necessarily
              indicative  of the results that may be expected for the year ended
              December 31, 2000.


NOTE 4:-      INVESTMENT AGREEMENT

              On April 13,  2000,  an investor  entered  into a Stock and Option
              Purchase  agreement with the Company and Network  Privacy.Com Inc.
              ("NPI"),  according to which the investor  will  purchase  122,000
              Preferred  shares of NPI  convertible  to 665,921 Common shares of
              the Company,  in  consideration  of $ 1,525,000.  The investor was
              also granted demand registration rights.
<PAGE>
              In April 2000,  Hidenet Secure  Architectures  Ltd. a wholly-owned
              subsidiary,  sold the intellectual  property and equipment to NPI,
              in exchange for $ 325,000 and  royalties  equal to 1% of the sales
              proceeds  received  by NPI  within  two  years.  NPI,  a  Delaware
              corporation,  was  formed  as a  wholly-owned  subsidiary  of  the
              Company on January 7, 2000 to assume all of the business currently
              transacted by Hidenet Secure Architectures Ltd.


NOTE 5:-      EXERCISE OF SHARE OPTIONS

              In April 2000, 500,000 warrants were exercised into 500,000 shares
              of the Company, at an exercise price of $ 0.125 per share.


NOTE 6:-      ISSUANCE OF SHARES

              a.     In  April  2000  the  Board  of  Directors  of the  Company
                     approved  to add members to the Board of  Directors  of the
                     Company to a total of five  members.  Each of the directors
                     was subsequently granted 62,053 shares.

                     Compensation  expenses  in the  amount  of $  710,507  were
                     recorded during the six months ended June 30, 2000.

              b.     Pursuant to the Employment Agreement between Hidenet Secure
                     Architectures  Ltd. and its Chief Executive Officer ("CEO")
                     the CEO is  entitled to an  aggregate  amount of 15% of the
                     equity of the  Company,  or  818,753  restricted  shares of
                     common stock, during the term of his employment. As of June
                     30, 2000, the CEO was granted 204,688  restricted shares of
                     the Company. The CEO is also the Chief Executive Officer of
                     NPI.

                     Compensation  expenses  in  the  amount  of $  30,312  were
                     recorded  during  the six month  ended  June 30,  2000.  An
                     additional  $ 438,423  will be recorded by the Company over
                     an additional period of 40 months.

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

Cautionary Statement for Forward-Looking Information

       Certain  statements  contained  in  this  report,   including  statements
regarding the  anticipated  development of the Company's  business,  the intent,
belief or current  expectations  of the Company,  its directors or its officers,
primarily  with  respect to the  performance  of the Company and the products it
expects to offer and other statements  contained  herein regarding  matters that
are not historical facts, are "forward-looking" statements within the meaning of
the Private Securities  Litigation Reform Act (the "Reform Act"). Future filings
with the  Securities and Exchange  Commission,  future press releases and future
oral or written statements made by or with the approval of the Company which are
not statements of historical fact, may contain forward-looking  statements under
the Reform Act. Because such statements include risks and uncertainties,  actual
results  may  differ   materially  from  those  expressed  or  implied  by  such
forward-looking  statements.  Factors that could cause actual  results to differ
materially  from those expressed or implied by such  forward-looking  statements
include,  without  limitation,  the failure of the Company to obtain  additional
financing,  the failure of the Company to develop a product which is marketable,
rapid   technological   changes  in  the   environment,   frequent  new  product
introductions by others in the industry with greater resources than the Company,
competition  in the  marketplace  in which the  Company  decided to operate  and
evolving  industry  standards and customer  preferences in that market which are
difficult  to predict.  Not only could the Company  fail to produce a marketable
product,  but the  introduction of products  embodying new  technologies and the
emergence of new industry standards could render the Company's product, if it is
even   developed,   as  well  as  any  potential  new  products,   obsolete  and
unmarketable.  Such constant  technological  changes also make  accurate  market
predictions difficult.  The Company's results depend in part upon its ability to
attract,   train,   retain  and  motivate   qualified   management,   technical,
manufacturing,  sales and support personnel for its operations.  The Company has
filed for patent  protection in the United States for its product which it is in
the process of developing and has filed for trademark  protection for the phrase
"Be Confident."

       All  forward-looking  statements  speak only as of the date on which they
are made.  The Company  undertakes no  obligation  to update such  statements to
reflect  events that occur or  circumstances  that exist after the date on which
they are made.
<PAGE>
       The Company has never had any revenues since its  inception.  The Company
intends to develop  and market  products in the field of network  data  security
through its  majority-owned  subsidiary,  NetworkPrivacy.com,  Inc.,  a Delaware
corporation  ("NPI").  NPI is still  in the  development  stage of a  marketable
product in the field of network data security.  Said  subsidiary is working on a
compact,  comprehensive  and  easy-to-use  security  software  for  personal and
corporate  markets,  specializing  in privacy and anonymity  among  Internet and
Intranet users. The Company has no current operations,  and even if the products
it is  developing  in the networks  data  security  field are brought to market,
there  is no  likelihood  that  the  sales  of the  Company's  products  will be
sufficient  to cover the costs and  expenses of the  Company's  operations.  The
Company  estimates  that sales of its products will commence at the end of 2000,
but there is no  assurance  that its  products  will be ready for market at such
time. In addition,  the failure by the Company to locate  funding  raises doubts
about its ability to continue as a going concern.

       In April 2000,  NP Partners,  LLC, a New York limited  liability  company
("NP  Partners"),  entered into a Stock and Option  Purchase  Agreement with the
Company and NPI pursuant to which (i) NPI  purchased  80,000  shares of Series A
Convertible Preferred Shares of NPI for $1,000,000 and had the right to purchase
additional  preferred shares and (ii) the Company granted the investor an option
to exchange the preferred  shares for shares of common stock of the Company.  NP
Partners  currently invested an aggregate of $1,525,000 in NPI and has an option
to  exchange  its  122,000  preferred  shares in NPI for  665,921  shares in the
Company.

       Year 2000 Compliance

       The "Year 2000  problem"  describes the  world-wide  concern that certain
computer applications, which use two digits rather than four to represent dates,
will interpret the year 2000 as the year 1900 and malfunction on January 1, 2000
or thereafter.  Since the Company has no operations,  the year 2000 problem does
not pertain to the Company.  The Company will ensure that its products,  and any
products of material  significance to the Company,  will function normally after
the year 2000.

                           Part II -Other Information

Item 1.Legal Proceedings.

       The Company is not presently a party to any other  litigation nor, to the
knowledge of management, is any litigation threatened.

Item 2.Changes in Securities.

       On April 13, 2000,  NPI issued to NP Partners  80,000  shares of Series A
Convertible Preferred Shares of NPI for $1,000,000.  On May 19, 2000, NPI issued
to NP Partners an additional  32,000 shares of preferred stock for an additional
investment of $400,00,  and on June 12, 2000 issued to NP Partners an additional
10,000 shares for another  investment of $125,000.  NP Partners currently has an
option to exchange its 122,000 preferred shares in NPI for 665,921 shares in the
Company.  The offering was made  pursuant to an exemption  under Rule 506 of the
Securities Act of 1933, as amended (the "Securities Act").

       On April 13, 2000,  the Company  issued 62,053 shares of its common stock
to each  of the  five  directors  in the  Company.  The  Company  did not use an
underwriter in connection with the issuance not did the Company receive any cash
consideration  in  connection  therewith.  The issuance was made  pursuant to an
exemption from registration under Section 4(2) of the Securities Act.

       On April 13, 2000, the Company issued to Robert  Friedman,  a director of
the Company and Chief Executive  Officer and President of NPI, 204,688 shares of
common stock and is obligated to issue to Mr.  Friedman  17,057 shares per month
for the 36-month period  following April 2000. The issuance was made pursuant to
an exemption from registration under Section 4(2) of the Securities Act.

Item 3.Defaults upon Senior Securities.

       None.

<PAGE>
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

              27.1    Financial Data Schedule.

       (b)    Reports on Form 8-K

              On April 20, 2000,  a Current  Report on Form 8-K was filed by the
              Registrant  containing  information  about the investment  made in
              Network Privacy.



<PAGE>
                                   SIGNATURES


       In  accordance  with  Section  13 or  15(d)  of  the  Exchange  Act,  the
registrant  caused  this  report to be signed on its behalf by the  undersigned,
thereunto duly authorized.

                                   HIDENET SECURE ARCHITECTURES, INC.


                                   By       /s/ Ron Fussman
                                            --------------------------------
                                            Ron Fussman, President

                                   By       /s/ Avrum Savran
                                            --------------------------------
                                            Avrum Savran, Treasurer


Date: September 20, 2000