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      &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold"&gt;NOTE

      1 &amp;ndash; DESCRIPTION OF BUSINESS AND GOING CONCERN&lt;/font&gt;

    &lt;/div&gt;&lt;br/&gt;&lt;div style="LINE-HEIGHT: 11.4pt; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"&gt;

      &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 10pt"&gt;EnXnet,

      Inc. (the &amp;ldquo;Company&amp;rdquo;) was formed in Oklahoma on

      March 30, 1999. It is a business and technology development

      enterprise engaged in the development, marketing, and

      licensing of emerging technologies and innovative business

      strategies and practices. EnXnet is primarily focusing on

      products, solutions and services that support and enhance

      environmental products and multimedia management.&lt;/font&gt;

    &lt;/div&gt;&lt;br/&gt;&lt;div style="LINE-HEIGHT: 11.4pt; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"&gt;

      &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 10pt"&gt;The

      Company has a working capital deficit and has incurred losses

      since inception. These factors raise substantial doubt about

      the Company&amp;rsquo;s ability to continue as a going concern.

      The financial statements do not include any adjustments that

      may be necessary if the Company is unable to continue as a

      going concern.&lt;/font&gt;

    &lt;/div&gt;&lt;br/&gt;&lt;div style="LINE-HEIGHT: 11.4pt; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"&gt;

      &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 10pt"&gt;Management

      of the Company has undertaken certain actions to address

      these conditions. The Company received $15,000 in the sale of

      common stock in April 2013. Funds required to carry out

      management&amp;rsquo;s plans are expected to be derived from

      future stock sales and borrowings from outside parties. There

      can be no assurances that the Company will be successful in

      executing its plans.&lt;/font&gt;

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