The financial statements presented herein have been prepared by the Company in accordance with the accounting policies in its Form 10-KSB dated June 30, 2002, and should be read in conjunction with the notes thereto.

In the opinion of management, all adjustments (consisting only of normal recurring adjustments) which are necessary to provide a fair presentation of operating results for the interim period presented have been made. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the year.

Financial data presented herein are unaudited.

The Company records its income taxes in accordance with SFAS No. 109, "Accounting for Income Taxes." The Company incurred net operating losses during the nine months ended March 31, 2003 resulting in a deferred tax asset, which was fully allowed for; therefore, the net benefit and expense resulted in $-0- income taxes.

This report contains forward-looking statements within the meaning of federal securities laws. These statements plan for or anticipate the future. Forward-looking statements include statements about our future business plans and strategies, statements about our need for working capital, future revenues, results of operations and most other statements that are not historical in nature. In this Report, forward-looking statements are generally identified by the words "intend", "plan", "believe", "expect", "estimate", and the like. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statues or regulations, the Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise. Because forward-looking statements involve future risks and uncertainties, these are factors that could cause actual results to differ materially from those expressed or implied.

We incurred a net loss of $246,547 for the nine months ended March 31, 2003, as compared to a net loss of $452,560 for the nine months ended March 31, 2002 primarily due to the reorganization of our business to an Internet Services Provider. In the year earlier period, we provided remediation services, oil field services and high speed internet access.

Sales revenue increased approximately 33%, from $241,072 for the nine months ended March 31, 2002, to $320,769 for the nine months ended March 31, 2003 primarily due to the reorganization of our business.

General and administrative expenses decreased approximately 57%, from $873,949 for the nine months ended March 31, 2002, to $378,565 for the nine months ended March 31, 2003 due to office staff reductions and our reorganization.

Interest income decreased from $3,229 during the nine months ended March 31, 2002 to $-0- for the nine months ended March 31, 2003 because we have disposed of our interest bearing investments.

The source of our liquidity is from sales revenue and cash injections from interested shareholders. We have current assets of $60,292 compared with current liabilities of $312,190 as of March 31, 2003.

Our strategy in the near future is to focus on providing service to existing customers. We believe that our future success will be the result of increasing our market share by increasing our marketing budget and continuing to provide quality service.

The following discussion and analysis covers material changes in the financial condition of StarCom Wireless Networks, Inc., formerly known as Basic Technologies, Inc. ("Company" or "us") since June 30, 2002 and material changes in our results of operations for the nine months ended March 31, 2003, as compared to the same period in 2001. This discussion and analysis should be read in conjunction with "Management's Discussion and Analysis" included in the Company's Annual Report on Form 10K-SB for the year ended June 30, 2002, including audited financial statements contained therein, as filed with the Securities and Exchange Commission.

This report contains forward-looking statements within the meaning of federal securities laws. These statements plan for or anticipate the future. Forward-looking statements include statements about our future business plans and strategies, statements about our need for working capital, future revenues, results of operations and most other statements that are not historical in nature. In this Report, forward-looking statements are generally identified by the words "intend", "plan", "believe", "expect", "estimate", and the like. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statues or regulations, the Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise. Because forward-looking statements involve future risks and uncertainties, these are factors that could cause actual results to differ materially from those expressed or implied.

We incurred a net loss of $246,547 for the nine months ended March 31, 2003, as compared to a net loss of $452,560 for the nine months ended March 31, 2002 primarily due to the reorganization of our business to an Internet Services Provider. In the year earlier period, we provided remediation services, oil field services and high speed internet access.

Sales revenue increased approximately 33%, from $241,072 for the nine months ended March 31, 2002, to $320,769 for the nine months ended March 31, 2003 primarily due to the reorganization of our business.

General and administrative expenses decreased approximately 57%, from $873,949 for the nine months ended March 31, 2002, to $378,565 for the nine months ended March 31, 2003 due to office staff reductions and our reorganization.

Interest income decreased from $3,229 during the nine months ended March 31, 2002 to $-0- for the nine months ended March 31, 2003 because we have disposed of our interest bearing investments.

The source of our liquidity is from sales revenue and cash injections from interested shareholders. We have current assets of $60,292 compared with current liabilities of $312,190 as of March 31, 2003.

Our strategy in the near future is to focus on providing service to existing customers. We believe that our future success will be the result of increasing our market share by increasing our marketing budget and continuing to provide quality service.

ITEM 3.       CONTROLS AND PROCEDURES

Gary Brown, Chief Executive Officer and Chief Financial Officer of StarCom Wireless Networks, Inc. has established and is currently maintaining disclosure controls and procedures for the Company. The disclosure controls and procedures have been designed to ensure that material information relating to the Company is made known to them as soon as it is known by others within the Company. 

Our Chief Executive Officer and Chief Financial Officer conducts an update and a review and evaluation of the effectiveness of the Company's disclosure controls and procedures and have concluded, based on their evaluation within 90 days of the filing of this Report, that our disclosure controls and procedures are effective for gathering, analyzing and disclosing the information we are required to disclose in our reports filed under the Securities Exchange Act of 1934. There have been no significant changes in our internal controls or in other factors that could significantly affect these controls subsequent to the date of the previously mentioned evaluation.

         No response required.

         At the Company's annual meeting of shareholders on May 13, 2003, the following actions were taken:

         No response required.

The financial information furnished herein has not been audited by an independent accountant; however, in the opinion of management, all adjustments (only consisting of normal recurring accruals) necessary for a fair presentation of the results of operations for the nine months ended March 31, 2003 have been included.

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. 

 CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of StarCom Wireless Networks, Inc., formerly known as Basic Technologies, Inc. (the "Company") on Form 10-QSB for the period ending March 31, 2003, as filed with the Securities and Exchange Commission on the date hereof (the "Report'), I, Gary L. Brown, President, Chief Executive Officer and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

/s/ Gary L. Brown                
Gary L. Brown, President,
Chief Executive Officer and
and Chief Financial Officer
May 20, 2003