SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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


                                   FORM 8-K/A
                           Amendment to Current Report


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


                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported): April 8, 2005


                            SoftNet Technology Corp.
                            ------------------------
               (Exact name of Registrant as specified in charter)


    Nevada                       000-07693                      74-3035831
---------------                  ---------                      ----------
(State or other               (Commission file               (I.R.S. Employer
jurisdiction of                   number)                 Identification Number)
incorporation)


                           1 Anderson Road, Suite 105
                         Bernardsville, New Jersey 07924
                         -------------------------------
                    (Address of Principal Executive Offices)


                                 (908) 204-9911
                                 --------------
                     (Telephone Number, Including Area Code)


                                   T&G 2, Inc.
                                   -----------
          (Former name or former address, if changes since last report)






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





<PAGE>






Item 8.01  Other Events.
------------------------

     On or about July 2004, Cross Capital Fund, LLC ("Cross Capital")  defaulted
on the  Investment  Exchange  Agreement (the  "Agreement"),  entered into by and
between SoftNet Technology Corp. (f/n/a T&G2, Inc.), a Nevada corporation,  (the
"Company"). (See, Form 8-K dated April 23, 2004). Due to Cross Capital's failure
to cure its default,  the Company  terminated  the  Agreement in July 2004.  The
Company seeks a full accounting of the 2,000,000  shares of the Company's Series
B Convertible Preferred Stock issued under the Agreement and intends to exercise
any and all rights, to the fullest extent possible.


Item 9.01  Financial Statements and Exhibits.
---------------------------------------------

     a.   Financial Statements of Businesses Acquired.

          Not Applicable

     b.   Pro Forma Financial Information.

          Not Applicable

     c.   Exhibits.

          Not Applicable


                                   Signatures
                                   ----------

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


Dated:  April 8, 2005                          SoftNet Technology Corp.
                                               (Registrant)


                                                /s/ James M. Farinella
                                               --------------------------------
                                               James M. Farinella/President
                                               and CEO









                                        2
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{"company-data": {"conformed-name": "SoftNet Technology Corp.", "cik": "0000051387", "assigned-sic": "3571", "irs-number": "743035831", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-07693", "film-number": "05747688"}, "business-address": {"street1": "1 ANDERSON ROAD", "street2": "SUITE 105", "city": "BERNARDSVILLE", "state": "NJ", "zip": "07924", "phone": "(908) 204-9911"}, "mail-address": {"street1": "1 ANDERSON ROAD", "street2": "SUITE 105", "city": "BERNARDSVILLE", "state": "NJ", "zip": "07924"}, "former-company": [{"former-conformed-name": "T & G2", "date-changed": "20020516"}, {"former-conformed-name": "INTERNATIONAL MERCANTILE CORP", "date-changed": "19920703"}]}
SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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

                                   FORM 8-K/A
                           Amendment to Current Report

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

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): April 8, 2005

                            SoftNet Technology Corp.
                            ------------------------
               (Exact name of Registrant as specified in charter)

    Nevada                       000-07693                      74-3035831
---------------                  ---------                      ----------
(State or other               (Commission file               (I.R.S. Employer
jurisdiction of                   number)                 Identification Number)
incorporation)

                           1 Anderson Road, Suite 105
                         Bernardsville, New Jersey 07924
                         -------------------------------
                    (Address of Principal Executive Offices)

                                 (908) 204-9911
                                 --------------
                     (Telephone Number, Including Area Code)

                                   T&G 2, Inc.
                                   -----------
          (Former name or former address, if changes since last report)

                               -------------------
Item 8.01  Other Events.
------------------------

     On or about July 2004, Cross Capital Fund, LLC ("Cross Capital")  defaulted
on the  Investment  Exchange  Agreement (the  "Agreement"),  entered into by and
between SoftNet Technology Corp. (f/n/a T&G2, Inc.), a Nevada corporation,  (the
"Company"). (See, Form 8-K dated April 23, 2004). Due to Cross Capital's failure
to cure its default,  the Company  terminated  the  Agreement in July 2004.  The
Company seeks a full accounting of the 2,000,000  shares of the Company's Series
B Convertible Preferred Stock issued under the Agreement and intends to exercise
any and all rights, to the fullest extent possible.

Item 9.01  Financial Statements and Exhibits.
---------------------------------------------

     a.   Financial Statements of Businesses Acquired.

          Not Applicable

     b.   Pro Forma Financial Information.

          Not Applicable

     c.   Exhibits.

          Not Applicable

                                   Signatures
                                   ----------

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

Dated:  April 8, 2005                          SoftNet Technology Corp.
                                               (Registrant)

                                                /s/ James M. Farinella
                                               --------------------------------
                                               James M. Farinella/President
                                               and CEO

                                        2