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

                                     SCHEDULE 13D
                   (Amended - Original 13D filed on October 11, 2002)

                       UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 1)

                                SYCONET.COM, INC.

                                  COMMON STOCK

                                   87122R 10 0
                                   (CUSIP NUMBER)


                           2240 Shelter Island Dr., Suite 202
                                  San Diego, CA  92106


                (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)

                                      September 17, 2001

If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this Schedule
13C, and is filing this schedule because of Rule 13d-1(e), (f) or
(g), check the following box [  ].

1.  Names of Reporting Persons. S.S or I.R.S. Identification Nos.
of Above Persons (entities only):  FOUR WAY ASSOCIATES, INC.

2.  Check the Appropriate Box if a Member of a Group (See
Instructions):
(a)________________________________________________________________
(b)________________________________________________________________

3.  SEC Use Only:
___________________________________________________________________

4.  Source of Funds (See Instructions):  OO
___________________________________________________________________

5.  Check if Disclosure of  Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e):
___________________________________________________________________

6.  Citizenship or Place of Organization:  Bahamas Corporation
___________________________________________________________________

Number of Shares Beneficially Owned by Each Reporting Person With:

7.  Sole Voting Power:
_____________________________________________________________________

8.  Shared Voting Power:
_____________________________________________________________________

9.  Sole Dispositive Power:  10,000,000
_____________________________________________________________________

10. Shared Dispositive Power:
_____________________________________________________________________

11.  Aggregate Amount Beneficially Owned by Each Reporting Person:  10,000,000
_____________________________________________________________________

12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares:
_____________________________________________________________________

13. Percent of Class Represented by Amount in Row (11):  6.51%
_____________________________________________________________________

14.  Type of Reporting Person:  CORPORATION
_____________________________________________________________________

15.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares:
_____________________________________________________________________

_____________________________________________________________________

ITEM 1.   SECURITY AND ISSUER.

Syconet.com, Inc.
Common Stock, $.001 par value
2240 Shelter Island Dr., Suite 202
San Diego, CA  92106

ITEM 2.   IDENTITY AND BACKGROUND.

(a)  Name:  Four Way Associates, Inc.
(b)  Address:  PO Box N-4800, Nassau, Bahamas
(c)  Investment
(d)  None
(e)  No
(f)  Bahamas Corporation

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

(a)  Four Way Associates agreed to loan monies to the Issuer which
allowed for the principal to be converted into 10,000,000 shares of common
stock of the Issuer.

ITEM 4.  PURPOSE OF TRANSACTION.

(a)  The purpose of this transaction was to enable the Issuer to
obtain a loan and to convert the principal amount to common stock of
the Issuer.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

(a)  Four Way Associates, Inc. acquired 10,000,000 of common shares
of the Issuer on September 17, 2001.  After Four Way Associates,
Inc.'s acquisition of the aforementioned shares of the Issuer, such
amount represented 6.51% of the total and outstanding common shares
of the Issuer.

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.

Pursuant to an Appointment of Proxy, dated September 12, 2002, Four
Way Associates, Inc. authorizes John Fleming to vote and otherwise
represent Four Way Associates, Inc.'s  10,000,000 common shares of
the Issuer at annual and/or special shareholder's meetings and any
adjournments for a period of two years.

                                    SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief,
I certify that the above information set forth in this
statement is true, complete and correct.

 Date:  November 14, 2002                   /s/Gary Fox, President of Four Way
                                            Associates, Inc.