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

                                   FORM 10-QSB

        [X] Quarterly Report under Section 13 or 15(d) of the Securities
                              Exchange Act of 1934

                   For the fiscal quarter ended July 31, 2000

                         Commission file number 0-26955


                          Archer Systems Limited, Inc.
           (Name of small business issuer as specified in its charter)


        Delaware                                        22-3652650
       (State or other jurisdiction of                 (I.R.S. Employer
        incorporation or organization)                 Identification No.)


           75 Lincoln Highway, Route 27, 2nd Floor, Iselin, NJ, 08830
                    (Address of principal executive offices)

                                 (732) 906-9060
                           (Issuer's telephone number)

         Check whether the issuer: (1) filed all reports required to be
        filed by Section 13 or 15(d) of the Exchange Act during the past
          12 months (or for such shorter period that the registrant was
        required to file such reports), and (2) has been subject to such
            filing requirements for the past 90 days. Yes X No _____


        As of September 14, 2000, 529,129,442 shares of the Common Stock
                                were outstanding.

<PAGE>


                          Archer Systems Limited, Inc.
                          (A Development Stage Company)

                                Form 10-QSB Index
                                  July 31, 2000

                                     PART I

                                                                          Page
                                                                          Number
Item 1.       Financial Statements (Unaudited):

              Balance Sheet at July 31, 2000..................................3

              Statements of Operations and Accumulated Deficit for the
              three months ended July 31, 2000 and cumulative
              since inception to July 31, 2000................................4

              Statements of Cash Flows for the three months ended July 31,
              2000 and cumulative since inception to July 31, 2000............5

              Notes to Financial Statements...................................6


Item 2.       Management's Discussion and Analysis or Plan of Operations.....10

                                     PART II

Item 1.       Legal Proceedings..............................................11

Item 2.       Changes in Securities..........................................12

Item 3.       Defaults Upon Senior Securities................................12

Item 4.       Submission of Matters to a Vote of Security Holders............12

Item 5.       Other Information..............................................12

Item 6.       Exhibits and Reports on Form 8-K...............................12

Signatures    ...............................................................15

<PAGE>

                          ARCHER SYSTEMS LIMITED, INC.
                          (A Development Stage Company)

                                  BALANCE SHEET
                                  July 31, 2000
                                   (Unaudited)

                                     ASSETS
                                                                  July 31, 2000
                                                                  --------------
Current Assets:
     Cash.........................................................$         723
     Accounts Receivable..........................................        1,030
     Other Current Assets.........................................       14,200
                                                                  --------------
         Total Current Assets.....................................       15,953

     Other Assets:
         Deposits.................................................       11,000
         Investments - Long term..................................      347,500
         Prepaid Employment Contract..............................      147,250
                                                                  --------------
     Total Other Assets...........................................      505,750
                                                                  --------------
     Total Assets.................................................$     521,703
                                                                  ==============


                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
     Accrued Liabilities..........................................$       2,903
     Accounts Payable.............................................       27,948
     Deferred Revenues............................................        7,188
                                                                  --------------
         Total Current Liabilities................................       38,039

Long-term Liabilities:
     Long-term Debt...............................................      111,317
                                                                  --------------
         Total Long-term Debt.....................................      111,317

Stockholders' Deficit:
      Common stock, $.0001 par value; 600,000,000 shares
       authorized; 529,129,442 shares issued......................          864
      Paid in Capital.............................................      605,699
      Deficit Accumulated During the Development Stage............     (234,216)
                                                                  --------------
           Total Stockholders' Equity.............................      372,347
                                                                  --------------
Total Liabilities & Stockholders' Deficit.........................$     521,703
                                                                  ==============

See Accompanying Notes to Financial Statements.

                                        3
<PAGE>

                          ARCHER SYSTEMS LIMITED, INC.
                          (A Development Stage Company)

                 STATEMENT OF OPERATIONS AND ACCUMULATED DEFICIT
<TABLE>
<CAPTION>

                                                    Three Months          Three Months
                                                       Ended                 Ended              Cumulative
                                                    July 31, 2000         July 31, 1999            From
                                                     (Unaudited)           (Unaudited)          Inception
                                                    -------------         -------------         -----------
<S>                                                 <C>                   <C>                   <C>
Revenues

    Revenue During Development Stage................$          0          $          0          $        0
    Revenues - Consulting...........................       4,312                     0               4,312
                                                    -------------         -------------         -----------
          Total Revenues............................       4,312                     0               4,312

Expenses
     Fair Value of Rent and Administration
       Donated by Related Party.....................       1,800                 1,200               8,400
     General and Administrative Expenses............      57,594                 8,789             228,109
     Interest Expense...............................       1,133                     0               2,219
                                                    -------------         -------------         -----------
        Total Expenses.............................       60,527                 9,989             238,728

Net Loss During Reactivation from Dormancy.........      (56,215)               (9,989)           (234,416)

Extraordinary Item
Sale of Operating Name
Computer Technology International, Inc.............            0                     0                 200
                                                    -------------         -------------         -----------
Net Loss After Extraordinary Item..................      (56,215)               (9,989)           (234,216)

Accumulated Deficit - Beginning....................     (178,001)              (19,800)                  0

Accumulated Deficit - Ending....................... $   (234,216)         $    (29,789)         $ (234,216)
                                                    =============         =============         ===========
Net Loss Per Share Before and After
  Extraordinary Item (Based on Shares
  Outstanding of 529,129,442) and
  520,496,750, respectively.........................$   (.000107)         $   (.000019)         $ (.000446)
                                                    =============         =============         ===========
</TABLE>


See Accompanying Notes to Financial Statements.

                                        4
<PAGE>

                          ARCHER SYSTEMS LIMITED, INC.
                          (A Development Stage Company)

                             STATEMENT OF CASH FLOWS

<TABLE>
<CAPTION>

                                                    Three Months          Three Months
                                                       Ended                 Ended              Cumulative
                                                    July 31, 2000         July 31, 1999            From
                                                     (Unaudited)           (Unaudited)          Inception
                                                    -------------         -------------         -----------
<S>                                                 <C>                   <C>                   <C>
Cash Flows From Operations:

Net Loss After Extraordinary Item...................$    (56,215)         $     (9,989)         $ (234,216)

Adjustments to Reconcile Net Increase to
  Net Cash Provided by Operations

Increase in Current Assets..........................     (14,200)                  200             (15,230)

Increase in Other Assets............................    (344,750)                    -            (505,750)

Increase in Current Liabilities.....................      (1,797)                2,434              38,039
                                                    -------------         -------------         -----------
                                                        (360,747)                2,634            (482,941)
                                                    -------------         -------------         -----------
Net Cash Used in Operations.........................    (416,962)               (7,355)           (717,157)

Cash Flows from Financing Activities:

Issuance of Common Stock............................     356,625                     -             606,563

Proceeds from Long-term Borrowings..................      60,334                 7,500             111,317
                                                    -------------         -------------         -----------
Net Cash Provided by Financing Activities...........     416,959                 7,500             717,880
                                                    -------------         -------------         -----------
Net Increase (Decrease) in Cash.....................          (3)                  145                 723

Cash Balance Beginning of Period....................         726                     0                   0
                                                    -------------         -------------         -----------
Cash Balance End of Period..........................$        723          $        145          $      723
                                                    =============         =============         ===========
</TABLE>


See Accompanying Notes to Financial Statements.

                                        5
<PAGE>


                          Archer Systems Limited, Inc.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                                  July 31, 2000
                                   (Unaudited)

Note 1 - Organization and Summary of Significant Accounting Policies

        A.  Organization: Archer Systems Limited, Inc. was incorporated on March
            19, 1986,  under the laws of the State of Delaware.  The Company was
            established  by  Archer  Limited,  a  foreign  corporation  based in
            London, England which is no longer in existence. The Company adopted
            a fiscal year ending, April 30.

            The  Company  was  organized  to acquire the name and all the common
            stock of a publicly traded computer related technology company.  The
            Company exchanged common stock on a one for one basis for the shares
            of the  computer  technology  company.  On December  14,  1998,  the
            Company  sold  all  the  common  stock  and  the  name  of  Computer
            Technology International, Inc. to an individual for $200.

            Archer  Systems  Limited,  Inc. has  acquired  and will  continue to
            develop and/or operate  Internet and  technology  related  companies
            through majority owned  subsidiaries or investment in other Internet
            companies through venture capital arrangements. At the present time,
            the  Company is  considering  a number of  proposals  for  potential
            acquisitions, investments and/or strategic alliances. The Company is
            also  offering  and  providing  various   consulting   services  for
            companies in the Internet and Technology related fields.

            Because  of  the  speculative  nature  of  the  Company,  there  are
            significant risks, which are summarized as follows:

            - Newly formed company has no operating history and minimal assets.

            - Limited funds available for acquisitions.

            - Management is inexperienced and offers limited time commitment.

            - Conflict-of-interest, as all employees have other part-time or
              full-time employment.

            - The Company is considered to be in the development stage, as
              defined in the Statement of Financial  Accounting  Standards No.
              7.  There have been minimal operations since incorporation.

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

                                        6
<PAGE>


        C.  Method of Accounting: The financial statements have been prepared in
            accordance  with the accrual basis method of accounting.  Under this
            method of  accounting,  income  and  expenses  are  identified  with
            specific  periods  of time and are  recorded  as earned or  incurred
            without regard to date of receipt or disbursements of cash.

        D.  Earnings  Per  Share:  Computed  by  dividing  the  net  loss by the
            weighted  average  number of  shares  outstanding  during  the year.
            Common  stock  warrants  attached to the Computer  Technology,  Inc.
            shares  expired  prior to 1986, 15 months after  issuance.  They are
            excluded  from the earnings per share  computation  because of their
            expiration  date as well as their  anti-dilutive  effect on the loss
            per share if there were such common stock equivalents.

        E.  Consolidation Policy: The consolidated  financial statements include
            all the accounts of Archer  Systems  Limited,  Inc.  and  controlled
            entities.  The Company  accounts for its investments in consolidated
            subsidiaries by the equity method. All intercompany transactions are
            eliminated.

Note 2 - Stockholders Equity

        Incorporation Shares: Upon incorporation, the Company had authorized 100
        shares of common stock, no par value.

        In June 1986, the Company's officers approved a change in the authorized
        shares from 100 shares common stock, no par value, to 600,000,000 shares
        of  common  stock,  $.0001  par  value.  The  majority  stockholder  and
        directors  ratified  the increase in  authorized  shares on December 14,
        1998.

        In June 1986, the Company exchanged  520,496,750  shares of common stock
        of the Company for all the issued and  outstanding  common shares,  on a
        one for one basis, of Computer Technology International,  Inc. (see Note
        #1A).

        On April 1, 2000,  the Company issued to a vendor,  1,225,000  shares of
        the Company's common stock per a financial services agreement.

        On April 17, 2000, the Company issued  2,000,000 shares of the Company's
        common  stock in exchange  for  2,000,000  shares of  NextNet.com,  Inc.
        common stock in the acquisition of NextNet from Mr. L.  Weinstein.  (See
        Note # 4)

        On May 18, 2000,  the Company  issued  100,000  shares of the  Company's
        common stock to an individual for services rendered.

        On May 18, 2000,  the Company issued  4,307,692  shares of the Company's
        common  stock to acquire an equity  interest  in  INFe.com  as part of a
        Strategic Alliance Agreement with Archer Systems Limited, Inc. (See Note
        #4)

        On July 13,  2000,  the  Company  issued to an officer  of the  Company,
        1,000,000 shares of the Company's common stock for services rendered.

                                        7
<PAGE>

Note 3 - Related Party Transactions

        A.  Office Space: As of June 1, 1999, the Company shares office space at
            75 Lincoln Highway,  Iselin,  New Jersey. The space is leased by GRQ
            Financial,  Inc.  which is solely  owned by  Richard  J.  Margulies,
            President  of the  Company.  No rent  is  presently  charged  to the
            Company by GRQ  Financial,  Inc. and no formal lease exists  between
            GRQ  Financial,  Inc.  and the  Company.  The fair  market  value of
            donated rent and administrative costs were determined to be $600 per
            month.  $1,800 was charged to rent expense  during the quarter ended
            July 31, 2000.

        B.  During the fiscal year ended April 30, 2000, the Company's president
            and  stockholder  and a stockholder  advanced to the Company $22,191
            and  $27,172  respectively.  These  loans  are  represented  by nine
            separate  notes,  are unsecured and carry an annual interest rate of
            6%.  Accordingly,  these shareholder loans are recorded as long-term
            debt  due  to  related   parties  in  the   accompanying   financial
            statements. As of July 31, 2000 these shareholder loans are recorded
            at $22,526 and $27,582 respectively.

        C.  During the quarter ended July 31, 2000,  the Company'  president and
            stockholder and two  stockholder's  advanced to the Company $27,442,
            $31,347 and $1,000 respectively. These loans are represented by nine
            separate  notes,  are unsecured and carry an annual interest rate of
            6%.  Accordingly,  these shareholder loans are recorded as long-term
            debt  due  to  related   parties  in  the   accompanying   financial
            statements.

Note 4 - Acquisitions and Commitments

        On  April  17,  2000,  Mr.  L.  Weinstein,   the  sole   stockholder  of
        NextNet.com, Inc., exchanged 2,000,000 shares of his company's stock for
        2,000,000  of  Archer  Systems   Limited  and  a  five  year  employment
        agreement,  which commenced on April 27, 2000. Mr.  Weinstein will serve
        as President and Chief  Executive  Officer of the subsidiary  during the
        term of this agreement. During each calendar year of this agreement, the
        employee  shall receive an amount of dollars or property equal to twenty
        percent of the net increase in equity of  NextNet.com,  Inc. during such
        period,  less any funds or capital has been invested  into  NextNet.com,
        Inc. by third party  investors  during that  period.  In  addition,  the
        employee is to receive each year during the term of this agreement,  20%
        of  the  shares  which  NextNet.com   receives  in  any  entity  through
        compensation or exchange  during the period of the agreement.  Also, the
        employee  is  to  receive  an  option  to  purchase  250,000  shares  of
        NextNet.com's  common  stock at a strike  price of five  cents  ($0.05).
        During the fiscal year ended April 30,  2000,  $155,000 was charged to a
        prepaid employment contract,  in connection with this exchange of stock,
        and will be expensed over the next five years. In the quarter ended July
        31, 2000, $7,750 was charged to amortization expense.

                                        8
<PAGE>


        On May 18, 2000 Archer  Systems  Limited,  Inc. and INFe.com,  a Florida
        Corporation  whose common stock is traded on the OTC-BB,  entered into a
        Strategic  Alliance  Agreement  whereby they agreed to acquire an equity
        interest in each  other's  corporation,  so that they may pursue  common
        goals for their joint  benefit.  By the  agreement,  INFe.com  agreed to
        grant to Archer $336,000 worth of INFe.com's  common stock, par value of
        $.001 per share.  The share  price for the  purpose of  determining  the
        number of shares to be  granted to Archer was  measured  at the  average
        trading price of the INFe.com  stock over the thirty  trading days prior
        to May 18,  2000,  which is  300,000  shares  at $1.12  per  share.  The
        INFe.com  shares which shall be granted to Archer is subject to Rule 144
        of the Securities and Exchange Commission.  In exchange for the INFe.com
        shares,  Archer agreed to grant INFe.com $336,000 worth of the Company's
        common stock, par value $.001 per share. The share price for the purpose
        of  determining  the  number of shares to be  granted  to  INFe.com  was
        measured  as the  average  trading  price of the  Archer  stock over the
        thirty trading days prior to the date of the signing of this  agreement,
        or 4,307,692 shares at $.078 per share. Such shares were granted subject
        to Rule 144 of the Securities and Exchange  Commission.  INFe.com agreed
        to include  the INFe  shares  granted to Archer into the first Form SB-2
        Public Offering Registration  Statement that it filed with the SEC after
        the  date of this  agreement  subject  to the  parties  entering  into a
        mutually agreeable lockup and leakout agreements. Archer agreed that the
        Company  will  include the Archer  shares  granted to INFe.com  into the
        first Public Offering Registration Statement that the company files with
        the SEC after May 18,  2000,  subject  to the  parties  entering  into a
        mutually agreeable lockup and leakout agreements.

        On June 8, 2000,  Archer Systems Limited,  Inc. entered into a financial
        advisory services agreement with Superwire.com,  Inc.  ("Superwire"),  a
        publicly  traded  company on the OTC Pink Sheets.  The Company,  by this
        agreement,  will assist Superwire in developing  strategic  alliances by
        providing advisory  services.  The term of this agreement shall commence
        from the date above through  December 31, 2000. The Company  received in
        the form of a retainer,  25,000 shares of Superwire  common  stock,  par
        value $.001 per share.  The Superwire  shares are subject to Rule 144 of
        the Securities  and Exchange Act of 1933, as amended.  No value has been
        assigned to the shares due to the restriction placed on the common stock
        received.  The market price of Superwire  common stock on July 27, 2000,
        the date received by Archer was approximately $0.93.

                                        9
<PAGE>


Item 2.

Management's Discussion and Analysis or Plan of Operation.

Plan of Operations

     From 1986 until May 18, 2000, the Company conducted no business  operations
except for organizational activities and looking for technologies and businesses
to acquire.

     During the period  from May 1, 1999  through  April 30,  2000,  the Company
acquired NextNet.Com,  Inc., whose name has been changed to ArcusNet Corporation
and developed a strategic  alliance with INFe.com.  To date, the Company has had
minimal income from operations and operating expenses aggregating $238,728.  The
Company is actively working to find additional  suitable business  opportunities
and/or  technologies.  The Company  continues to concentrate  its efforts in the
Internet and Technologies  industries.The Company is also offering and providing
various consulting services for companies in the Internet and Technology related
fields.

     The Company may have to raise  additional  funds from outside  investors to
fund the various business opportunities the Company wishes to pursue. Management
intends to explore all available  alternatives for debt and/or equity financing,
including  but not  limited to  private  and public  securities  offerings.  The
Company has determined  that the cash on hand will not be sufficient to meet its
operating needs for the next 12 months and anticipates  having to obtain further
loans  from an officer of the  Company.  Should the  Company be unable to secure
such  additional  funding,  its  operations  would have to be  curtailed or even
cease. Accordingly, management expects that it will be necessary for the Company
to raise  additional  funds when the Company is ready to make an  acquisition or
begin operations related to ArcusNet  Corporation or other acquisitions.  In its
efforts to raise  capital to expand and finance its business  plan,  the Company
submitted a proposed  "Term  Sheet" to a New York based  funding and  investment
organization.  The proposal involved initial funding of a minimum of $250,000 up
to a maximum of $500,000.  Subsequently,  management  withdrew the proposed Term
Sheet submitted to the investment firm with the belief that it could obtain more
favorable terms elsewhere.

     In addition, at least initially, the Company intends to continue to operate
out of an office provided by Richard Margulies. Thus, it is not anticipated that
the Company  will lease or purchase  office  space or computer  equipment in the
foreseeable  future.  The Company may in the future establish its own facilities
and/or acquire computer  equipment if the necessary  capital becomes  available;
however,  the  Company's  financial  condition  does not  permit  management  to
consider the acquisition of office space or equipment at this time.

                                       10
<PAGE>


Revenues

     Revenues for the period ending July 31, 2000 totaled $4,312. These revenues
were for consulting services provided during the quarter. There were no revenues
recorded in the prior period ending July 31, 1999.

Rent and Administration

     As of June 1, 1999, the Company shares office space at 75 Lincoln  Highway,
Iselin, New Jersey.  The space is leased by GRQ Financial,  Inc. which is solely
owned by Richard J.  Margulies,  President of the Company.  No rent is presently
charged to the  Company and no formal  lease  exists.  The fair market  value of
donated rent and  administrative  costs assumed by the related party is $600 per
month and the Company has accrued three months of  expenditures  totaling $1,800
as of July 31, 2000.

General and Administrative Expenses

     General and  administrative  expenses  for the three  months ended July 31,
2000 totaled  $57,594 or in increase of $48,805 when  compared with the previous
period ending July 31, 1999.  The increase was primarily do to financial  public
relations  expenditures of $25,083 and consulting  expenses of $17,500  incurred
during the period.

Interest Expense

     Interest  expense for the three months  ended July 31, 2000 totaled  $1,133
due to  borrowing  during the three  month  period  ending  July 31,  2000,  and
including debt previously  incurred.  There was no interest  expense incurred in
the prior period.

Liquidity and Capital Resources

     The Company's  cash position was $723 as of July 31, 2000, as compared with
a balance of $145 as of July 31,  1999.  Cash flows from  activities  during the
three  months  ended July 31, 2000 used cash of $416,962  due to the net loss of
$56,215  adjusted for an increase in current  assets of $14,200,  an increase in
other assets of $344,750 and a decrease in current liabilities of $1,797.

     The net cash provided by financing activities during the three months ended
July 31,  2000,  consisted  of  long-term  borrowings  totaling  $60,334 and the
issuance of common stock  totaling  $356,625.  These proceeds  funded  operating
activities during the three month period.

     During the next  twelve  months,  Archer  Systems  Limited,  Inc.  plans to
satisfy its cash requirements  through  additional debt and/or equity financing.
There can be no  assurance  that the Company will be  successful  in raising the
additional financing.

     As of the date of the filing of this report,  there were no commitments for
material capital expenditures.

                                       11
<PAGE>


PART II

Item 1.           Legal Proceedings.

                  None

Item 2.           Changes in Securities.

                  None

Item 3.           Defaults Upon Senior Securities.

                  None

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

                  None

Item 5.           Other Information.

                  None

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

        (a) Exhibits

     The following  exhibits marked with a footnote  reference were filed with a
periodic  report filed by the Company  pursuant to Section 14 of the  Securities
Exchange Act of 1934, as amended,  (the "Securities  Act"), and are incorporated
herein by this reference. If no footnote reference is made, the exhibit is filed
with this report.

     Number      Exhibit

      2         Form of  Agreement  and Plan of  Reorganization  dated April 17,
                2000,  by  and  between   Archer  Systems   Limited,   Inc.  and
                NextNet.com (5)

      3         Certificate of Incorporation of Company filed with the Secretary
                of State of Delaware on March 19, 1986. (1)

      3.1       Certificate  for  renewal  and revival of Charter of the Company
                filed with the Secretary of State  Division of  Corporations  on
                December 2, 1998. (1)

      3.2       Certificate of Amendment of the Certificate of  Incorporation of
                Archer Systems Limited,  Inc., filed with the Secretary of State
                Division of Corporations on February 12, 1999. (1)

      3.3       Certificate  of  Correction to  Certificate  of Amendment of the
                Certificate of Incorporation  of Archer Systems  Limited,  Inc.,
                filed  February 12, 1999 with the Secretary of State Division of
                Corporations. (1)

                                       12
<PAGE>


      3.4       Copy of the by-laws of the Company. (1)

      4         Specimen Stock Certificate. (1)

      10.1      Copy of 6% Promissory Note Due June 30, 2001. (2)

      10.2      Copy of 6% Promissory Note Due June 8, 2001. (2)

      10.3      Copy of 6% Promissory Note Due August 1, 2001. (3)

      10.4      Copy of 6% Promissory Note Due August 17, 2001. (2)

      10.5      Copy of 6% Promissory Note Due November 18, 2001. (4)

      10.6      Employment  Agreement  dated April 25, 2000 between  NextNet.com
                and Larry Weinstein (5)

      10.7      Copy of 6% Promissory Note Due February 15, 2002. (7)

      10.8      Copy of 6% Promissory Note Due March 9, 2002. (7)

      10.9      Copy of 6% Promissory Note Due March 20, 2002. (7)

      10.10     Copy of 6% Promissory Note Due April 9, 2002. (7)

      10.11     Form of Strategic Alliance Agreement dated May 18, 2000. (6)

      10.12     Agreement   dated  June  8,  2000   between   the   Company  and
                Superwire.com, Inc. (7)

      10.13     Agreement  dated July 21, 2000  between the Company and ComLinx,
                Inc. (7)

      10.14     Agreement dated July 22, 2000 between  ArcusNet  Corporation and
                Cydoor Technologies, Inc. (7)

      10.15     Copy of 6% Promissory Note due April 11, 2002

      10.16     Copy of 6% Promissory Note Due April 30, 2002

      10.17     Copy of 6% Promissory Note due May 4, 2002

      10.18     Copy of 6% Promissory Note Due May 29, 2002

      10.19     Copy of 6% Promissory Note due June 12, 2002

                                       13
<PAGE>


      10.20     Copy of 6% Promissory Note due June 13, 2002

      10.21     Copy of 6% Promissory Note Due June 15, 2002

      10.22     Copy of 6% Promissory Note Due July 30, 2002

      10.23     Copy of 6% Promissory Note Due July 30, 2002

      21        Subsidiaries of the Company

      27        Financial Data Schedule
        _____________

      (1)       Filed  as an  exhibit  to the  Company's  Form  10SB12G/A  filed
                September 10, 1999 and incorporated herein by this reference

      (2)       Filed as an exhibit to the Company's Form 10QSB/A filed December
                9, 1999 and incorporated herein by this reference.

      (3)       Filed as an exhibit to the Company's  Form 10SB/A filed December
                14, 1999 and incorporated herein by this reference.

      (4)       Filed as an exhibit to the Company's  Form 10QSB filed March 15,
                2000 and incorporated herein by this reference.

      (5)       Filed as an  exhibit to the  Company's  Form 8-K filed on May 8,
                2000 and incorporated herein by this reference.

      (6)       Filed as an  exhibit to the  Company's  Form 8K/A filed June 14,
                2000 and incorporated herein by this reference.

      (7)       Filed as an exhibit to the Company's  Form 10-KSB filed July 31,
                2000 and incorporated herein by this reference.


       (b)  Reports on Form 8-K.

            A Form  8-K  was  filed  on May 8,  2000  disclosing  in  Item 2 the
            acquisition of Next Net, Inc.

            A Form  8-K  was  filed  on June  14,  2000  disclosing  in Item 2 a
            Strategic Alliance Agreement with INFe.com

            A Form  8-K/A was  filed on June 14,  2000  disclosing  in Item 7 an
            exhibit (proforma balance sheet) in regard to the Strategic Alliance
            Agreement with INFe.com.

                                       14
<PAGE>

                                   SIGNATURES



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



Dated: September 15, 2000


ARCHER SYSTEMS LIMITED, INC.


By:/s/Richard J. Margulies
   -----------------------
      Richard J. Margulies
      President


By:/s/Walter J. Krzanowski
   -----------------------
      Walter J. Krzanowski
      Secretary/Treasurer


                                       15
<PAGE>


                                  EXHIBIT INDEX

Exhibit No     Description                                                 Page

10.15          Copy of 6% Promissory Note due April 11, 2002.................2

10.16          Copy of 6% Promissory Note Due April 30, 2002.................3

10.17          Copy of 6% Promissory Note due May 4, 2002....................4

10.18          Copy of 6% Promissory Note Due May 29, 2002...................5

10.19          Copy of 6% Promissory Note due June 12, 2002..................6

10.20          Copy of 6% Promissory Note due June 13, 2002..................7

10.21          Copy of 6% Promissory Note Due June 15, 2002..................8

10.22          Copy of 6% Promissory Note Due July 30, 2002..................9

10.23          Copy of 6% Promissory Note Due July 30, 2002.................10

21             Subsidiaries of the Company..................................11


                                        1