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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>UNITED
      STATES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
      AND EXCHANGE COMMISSION</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Washington,
      DC 20549</strong></font></div>
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      <div>&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>FORM
      8-K</strong></font><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CURRENT
      REPORT</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of
      1934</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Date
      of Report (Date of earliest event reported) April 4, 2006</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman"><strong>NETWORTH
      TECHNOLOGIES, INC.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>(Exact
      name of registrant as specified in its charter)</strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Delaware</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
                or Other Jurisdiction</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                Incorporation)</font></div>
            </td>
            <td valign="top" width="27%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>0-27842</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Commission</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">File
                Number)</font></div>
            </td>
            <td valign="top" width="27%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>54-1778587</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(I.R.S.
                Employer</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Identification
                No.)</font></div>
            </td>
          </tr>

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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>101
      SW 11th Avenue, Boca Raton, Florida 33486</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>(Address
      of Principal Executive Office) (Zip Code)</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>(561)
      392-6010</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>(Registrant&#8217;s
      telephone number, including area code)</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>6499
      NW 9</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><sup><strong>th</strong></sup></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>
      Avenue, Suite 304</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Fort
      Lauderdale, Florida 33309</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>(Former
      Name or Former Address, If Changed Since Last Report.)</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Check
      the appropriate box below if the Form 8-K filing is intended to simultaneously
      satisfy the filing obligation of the registrant under any of the following
      provisions:</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
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            <td style="width: 18pt;">&#160;</td>
            <td style="width: 18pt;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">q</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Written
                communications pursuant to Rule 425 under the Securities Act (17
                CFR
                230.425)</strong></font></div>
            </td>
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            <td style="width: 18pt;">&#160;</td>
            <td style="width: 18pt;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">q</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Soliciting
                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                240.14a-12)</strong></font></div>
            </td>
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    </div>
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            <td style="width: 18pt;">&#160;</td>
            <td style="width: 18pt;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">q</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Pre-commencement
                communications pursuant to Rule 14d-2(b) under the Exchange Act (17
                CFR
                240.14d-2(b))</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top" style="line-height: 1.25;">
            <td style="width: 18pt;">&#160;</td>
            <td style="width: 18pt;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">q</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Pre-commencement
                communications pursuant to Rule 13e-4(c) under the Exchange Act (17
                CFR
                240.13e-4(c))</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Section
      1 - Registrant&#8217;s Business and Operations</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      1.01</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 45pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Entry
      Into A Material Definitive Agreement</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 27pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      April
      4, 2006 NetWorth Technologies (&#8220;NetWorth&#8221; or the &#8220;Company&#8221;) and its wholly-owned
      subsidiary, Solution Technology International, Inc. (&#8220;STI&#8221;), entered into a
      series of agreements with Cornell Capital Partners, LP (&#8220;Cornell Capital&#8221;) and
      its affiliate, Montgomery Equity Partners, Ltd. (&#8220;Montgomery&#8221;). NetWorth
      received a new loan of $1,000,000 from Cornell Capital for which NetWorth issued
      a secured convertible debenture. Many of the agreements amend and restate the
      agreements that NetWorth entered into in December 2005 with Cornell Capital
      and
      Montgomery. The standby equity distribution agreement between Cornell Capital
      and the Company was terminated. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Secured
      Convertible Debenture. NetWorth entered into a secured convertible debenture
      in
      the principal amount of $1,000,000 dated April 4, 2006 and due April 4, 2008.
      The debenture carries an interest rate of 8%. NetWorth has an option to redeem
      a
      portion or all amounts outstanding under the amended and restated convertible
      debenture upon three days advance written notice provided that the closing
      bid
      price of NetWorth&#8217;s common stock is is less than $.005 (or the market price upon
      the completion of a 150:1 reverse stock split by NetWorth as proposed in its
      Schedule 14C now under SEC review). Cornell Capital has a right to convert
      the
      debenture into shares of NetWorth common stock based upon a quotient obtained
      by
      dividing (i) the outstanding amount of the convertible debenture by the (ii)
      the
      conversion price which is equal to the lesser of $.005 (or the market price
      upon
      the completion of a 150:1 reverse stock split by NetWorth as proposed in its
      Schedule 14C now under SEC review) or 80% of the lowest closing bid price of
      NetWorth&#8217;s common stock during the thirty trading days immediately prior to the
      conversion date. In the event NetWorth does not have enough shares of common
      stock authorized or listed or quoted on the OTCBB or it cannot timely satisfy
      the conversion sought by Cornell Capital, then Cornell Capital can demand cash
      equal to the product of the outstanding principal amount to be converted plus
      any interest due provided by the conversion price and multiplied by the highest
      closing price of the stock from the date of the conversion notice until the
      date
      that such cash payment is made. Cornell Capital cannot convert the debenture
      or
      receive shares of NetWorth common stock if it would beneficially own in excess
      of 4.9% of NetWorth&#8217;s issued and outstanding shares of common stock at the time
      of such conversion, such determination to be made by Cornell Capital.
</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under
      the
      terms of the convertible debenture so long as any principal amount or interest
      is owed, NetWorth cannot, without the prior consent of Cornell Capital (i)
      issue
      or sell any common or preferred stock with or without consideration, (ii) issue
      or sell any preferred stock, warrant, option, right, contract or other security
      or instrument granting the holder thereof the right to acquire common stock
      with
      or without consideration, (iii) enter into any security instrument granting
      the
      holder of security interest in any of NetWorth's assets or (iv) file any
      registration statement on Form S-8. Under the terms of the convertible debenture
      there are a series of events of default, including failure to pay principal
      and
      interest when due, NetWorth&#8217;s common stock ceasing to be quoted for trading or
      listing on the OTCBB and shall not again be quoted or listed for trading within
      five trading days of such listing, NetWorth being in default of any other
      debentures that NetWorth has issued to Cornell Capital. Following an event
      of
      default and while the event of default is not cured, Cornell Capital may
      accelerate all amounts due and payable in cash or elect to convert such amounts
      to common stock having a conversion price of the lower of $.005 per share (or
      the market price upon the completion of a 150:1 reverse stock split by NetWorth
      as proposed in its Schedule 14C now under SEC review) or the lowest closing
      bid
      price during the thirty days immediately preceding the conversion date.
</font></div>
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      <div>&#160;</div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Termination
      Agreement. The standby equity distribution agreement, registration rights
      agreement, escrow agreement and placement agent agreement, each dated December
      20, 2005, were cancelled. Cornell Capital, however, retained the $400,000
      Compensation Debenture in connection with the standby equity distribution
      agreement, the material terms of which are the same as the amended and restated
      secured convertible debenture described below.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Second
      Amended and Restated Secured Convertible Debenture. NetWorth entered into a
      second amended and restated convertible debenture in the principal amount of
      $642,041 dated April 4, 2006. NetWorth has assumed the obligations of STI to
      Cornell Capital under two secured debentures each in the amount of $300,000
      issued on June 29, 2004 and August 23, 2004, respectively plus accrued interest
      of $42,041. Interest payments are to be paid monthly in arrears commencing
      April
      4, 2006 and continuing for the first day of each calendar month thereafter
      that
      any amounts due under the convertible debenture are due and payable. The
      interest includes a redemption premium of 20% in addition to interest set at
      an
      annual rate of 8%. Monthly principal payments are to commence April 4, 2006
      with
      any outstanding principal and interest to be paid in full no later than April
      4,
      2008. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NetWorth
      has an option to redeem a portion or all amounts outstanding under the amended
      and restated convertible debenture upon three days advance written notice.
      Cornell Capital has a right to convert the debenture into shares of NetWorth
      common stock based upon a quotient obtained by dividing (i) the outstanding
      amount of the convertible debenture by the (ii) the conversion price which
      is
      equal to the lesser of $.005 (or the market price upon the completion of a
      150:1
      reverse stock split by NetWorth as proposed in its Schedule 14C now under SEC
      review) or 80% of the lowest closing bid price of NetWorth&#8217;s common stock during
      the thirty trading days immediately prior to the conversion date. In the event
      NetWorth does not have enough shares of common stock authorized or listed or
      quoted on the OTCBB or it cannot timely satisfy the conversion sought by Cornell
      Capital, then Cornell Capital can demand cash equal to the product of the
      outstanding principal amount to be converted plus any interest due divided
      by
      the conversion price and multiplied by the highest closing price of the stock
      from the date of the conversion notice until the date that such cash payment
      is
      made. Cornell Capital cannot convert the debenture or receive shares of NetWorth
      common stock if it would beneficially own in excess of 4.9% of our issued and
      outstanding shares of common stock at the time of such conversion, such
      determination to be made by Cornell Capital. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under
      the
      terms of the convertible debenture so long as any principal amount or interest
      is owed, NetWorth cannot, without the prior consent of Cornell Capital (i)
      issue
      or sell any common or preferred stock with or without consideration, (ii) issue
      or sell any preferred stock, warrant, option, right, contract or other security
      or instrument granting the holder thereof the right to acquire common stock
      with
      or without consideration, (iii) enter into any security instrument granting
      the
      holder of security interest in any of NetWorth's assets or (iv) file any
      registration statement on Form S-8. Under the terms of the convertible debenture
      there are a series of events of default, including failure to pay principal
      and
      interest when due, the common stock ceasing to be quoted for trading or listing
      on the OTCBB and not again being quoted or listed for trading within five
      trading days of such listing, or if NetWorth being in default of any other
      debentures issued by NetWorth to Cornell Capital. Following an event of default,
      and while the event of default is not cured, Cornell Capital may accelerate
      all
      amounts due and payable in cash or elect to convert such amounts to common
      stock
      having a conversion price of $.01 per share. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
      <div>&#160;</div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amended
      and Restated Investor Registration Rights Agreement. On April 4, 2006 NetWorth
      entered into an amended and restated registration rights agreement with Cornell
      Capital. Under the terms of the registration rights agreement NetWorth is
      obligated to register on Form SB-2 or any other applicable form the shares
      of
      its common stock issuable to Cornell Capital upon conversion of the $1,000,000
      convertible debenture, the warrant shares be to be issued under the warrant
      to
      Cornell Capital described above, the $642,041 convertible debenture issued
      to
      Cornell Capital, the $256,757 debenture issued to Montgomery and the warrant
      shares to issued under the warrant to Montgomery. NetWorth will pay all expenses
      in connection with such registration. NetWorth is required to file with the
      SEC
      in a timely manner all reports or other documents required under the Securities
      Act of 1933, as amended and the Securities Exchange Act of 1934, as amended
      to
      allow Cornell Capital and Montgomery to take advantage of Rule 144 under the
      Securities Act of 1933 (as amended). </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amended
      and Restated Security Agreement. NetWorth entered into a security agreement
      dated April 4, 2006 with Cornell Capital and Montgomery. Under the terms of
      the
      security agreement, NetWorth provided a blanket lien to Cornell Capital and
      Montgomery to secure its obligations under the convertible debentures issued
      to
      Cornell Capital and Montgomery, respectively. Under the terms of the security
      agreement NetWorth is not allowed to permit any debts or liens against
      NetWorth&#8217;s property other than the lien previously granted by STI to Crosshill
      Georgetown Capital under the terms of a loan agreement for $750,000 plus
      interest between STI and Crosshill Georgetown Capital that NetWorth has assumed
      following the merger between NetWorth and STI. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amended
      and Restated Pledge and Escrow Agreement. NetWorth entered into a pledge and
      escrow agreement dated April 4, 2006 with Cornell Capital, Montgomery, Dan
      L.
      Jonson and David Gonzales, Esq., acting as escrow agent. Under the terms of
      the
      pledge and escrow agreement, Dan L. Jonson, President and CEO of STI, pledged
      his shares of NetWorth to secure NetWorth's obligations under the convertible
      debenture issued to Cornell Capital and to Montgomery under the securities
      purchase agreement between NetWorth and Montgomery. Mr. Jonson's shares are
      being held by David Gonzales, Esq., who is a principal with Cornell Capital.
      In
      the event of default under the pledge and escrow agreement, that includes
      failure of Montgomery or STI to comply with any of the agreements between
      themselves and either Montgomery or Cornell Capital, Mr. Jonson's pledged shares
      can be sold to cover any of the obligations owed by NetWorth or STI to Cornell
      Capital and Montgomery under the various financing agreements discussed here.
      The pledged shares shall be returned to Mr. Jonson upon payment in full of
      all
      amounts owed to Cornell Capital and Montgomery under the convertible debentures.
      </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
      <div>&#160;</div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Irrevocable
      Transfer Agent Instructions Agreement. NetWorth entered into an irrevocable
      transfer agent instructions agreement dated April 4, 2006 among NetWorth's
      transfer agent, Olde Montmouth Stock Transfer Company, Cornell Capital and
      David
      Gonzales, Esq., as escrow agent. Under the terms of the irrevocable transfer
      agent instructions, NetWorth's common stock to be issued upon conversion of
      the
      convertible debentures for $1,000,000 and $400,000 and any interest and
      liquidated damages to be converted into shares of NetWorth's common stock,
      Olde
      Monmouth is required to issue those shares to Cornell Capital upon receiving
      a
      duly executed conversion notice described in the irrevocable transfer
      instructions. NetWorth confirmed under the terms of the irrevocable transfer
      agent instructions that the conversion shares shall be freely transferable
      on
      our books and records and not bear any legend restricting transfer. The transfer
      agent has agreed to reserve for issuance to Cornell Capital sufficient shares
      of
      common stock should Cornell Capital elect to convert any of NetWorth's
      obligations under the convertible debenture into shares of NetWorth's common
      stock. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Warrant.
      NetWorth issued a warrant for 639,834 shares of its common stock (subject to
      adjustment for stock splits, stock dividends and recapitalizations) to
      Montgomery at an exercise price of $0.01 per share. The warrant is exercisable
      until December 20, 2008. Montgomery cannot exercise the warrant if doing so
      would cause it to beneficially own in excess of 4.99% of the total issued and
      outstanding shares of NetWorth common stock unless the exercise is made within
      sixty days prior to December 20, 2008. The shares issued upon excise of the
      warrant have piggyback and demand registration rights set forth in the
      registration rights agreement described above </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Securities
      Purchase Agreement. NetWorth entered into a securities purchase agreement dated
      April 4, 2006 with Cornell Capital. The securities purchase agreement relates
      to
      the $1,000,000 secured convertible debenture described above. In accordance
      with
      the securities purchase agreement, NetWorth agreed to enter into (i) an amended
      and restated investor registration rights agreement to provide registration
      rights under the Securities Act of 1933, as amended, for shares of NetWorth
      common stock that could be issued upon conversion of the amounts owed for
      principal and interest under the convertible debentures described above, (ii)
      an
      amended and restated security agreement to provide a blanket lien against our
      property as described above, (iii) an amended and restated pledge and escrow
      agreement under which Mr. Jonson pledged his shares of NetWorth&#8217;s common stock
      to Cornell and Montgomery, (iv) a second amended and restated security agreement
      among NetWorth, Cornell Capital, Montgomery and STI and (v) an irrevocable
      transfer agent instructions letter agreement described above. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under
      the
      securities purchase agreement NetWorth agreed to preserve an adequate number
      of
      shares to effect any right of conversion exercised by </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Cornell
      Capital under the warrant and the convertible debenture described above.
      NetWorth also agreed to pay Yorkville Advisors Management, LLC, a company
      affiliated with Montgomery and Cornell Capital, a fee equal to 10% of the
      purchase price or $100,000 and a structuring fee to Yorkville Advisors
      Management, LLC of $10,000. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
      <div>&#160;</div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Second
      Amended and Restated Subsidiary Security Agreement. STI entered into a second
      amended and restated subsidiary security agreement dated April 4, 2006. The
      material terms of the second amended and restated subsidiary security agreement
      are the same as the security agreement that NetWorth executed with Cornell
      Capital described above.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amended
      and Restated Guaranty. STI entered into an amended and restated guaranty dated
      April 4, 2006 with Cornell Capital under which it guaranteed as a direct obligor
      NetWorth&#8217;s payment and performance under the $1,000,000 convertible debenture
      described above, the $400,000 convertible debenture described above, and the
      $642,041 and the $256,757 convertible debenture issued by NetWorth to
      Montgomery, including all collection fees incurred by Cornell Capital and
      Montgomery should they have to seek enforcement of their rights under the
      amended and restated guaranty. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font size="2">Amended
      and Restated Secured Convertible Debenture.
      NetWorth entered into amended and restated secured convertible debenture with
      Montgomery in the amount of $256,754 due April 4, 2008. This debenture has
      similar redemption, conversion and remedies upon an event of default as the
      second amended and restated secured convertible debenture described
      above.</font></div>
    <div>&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt"><font size="2">Amended
      and Restated Convertible Compensation Debenture. NetWorth entered
      into an amended and restated convertible compensation debenture in the amount
      of
      $400,000 due April 4, 2008. The debenture is for a fee to be paid to Cornell
      Capital in connection with the now terminated stand by equity distribution
      agreement. This debenture has similar redemption, conversion and remedies upon
      an event of default as the second amended and restated secured convertible
      debenture described above.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      foregoing is a summary of the secured convertible debenture, the termination
      agreement, the second amended and restated secured convertible debenture, the
      amended and restated investor registration rights agreement, the amended and
      restated&#160;pledge and escrow&#160;agreement, the amended and restated
      security agreement, the irrevocable transfer agent instructions agreement,
      the
      warrant, the securities purchase agreement, the second amended and restated
      subsidiary security agreement,&#160;the amended and restated guaranty,
      the&#160;amended and restated secured convertible debenture and the amended and
      restated convertible compensation debenture&#160;and is qualified in its
      entirety by reference to these agreements, copies of which are attached as
      Exhibits to this Form 8-K and incorporated by reference into this Form 8-K.
      </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      9.01</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 45pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Financial
      Statements and Exhibits</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td style="width: 18pt;">
            </td>
            <td align="left" style="width: 27pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>(d)</strong></font></td>
            <td align="left">
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Exhibits</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr bgcolor="#ccffcc">
            <td align="left" valign="top" width="5%" bgcolor="#ffffff" style="border-bottom: #ffffff;">
              <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
              </div>
            </td>
            <td align="left" valign="top" width="5%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.1</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Secured
                Convertible Debenture dated April 4, 2006 between Cornell Capital
                and the
                Company.</font></div>
            </td>
          </tr>
          <tr bgcolor="white">
            <td align="left" valign="top" width="5%" style="border-bottom: white;">&#160;</td>
            <td align="left" valign="top" width="5%" style="border-bottom: white;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.2</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: white;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Termination
                Agreement dated April 4, 2006 between Cornell Capital and the
                Company.</font></div>
            </td>
          </tr>
          <tr bgcolor="#ccffcc">
            <td align="left" valign="top" width="5%" bgcolor="#ffffff" style="border-bottom: #ffffff;">&#160;</td>
            <td align="left" valign="top" width="5%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.3</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Second
                Amended and Restated Secured Convertible Debenture dated April 4,
                2006
                between Cornell Capital and the Company.</font></div>
            </td>
          </tr>
          <tr bgcolor="white">
            <td align="left" valign="top" width="5%" style="border-bottom: white;">&#160;</td>
            <td align="left" valign="top" width="5%" style="border-bottom: white;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.4</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: white;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amended
                and Restated Investor Registration Rights Agreement dated April 4,
                2006
                between Cornell Capital and the Company.</font></div>
            </td>
          </tr>
          <tr bgcolor="#ccffcc">
            <td align="left" valign="top" width="5%" bgcolor="#ffffff" style="border-bottom: #ffffff;">&#160;</td>
            <td align="left" valign="top" width="5%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.5</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amended
                and Restated Security Agreement dated April 4, 2006 among Cornell
                Capital,
                Montgomery Equity Partners and the Company.</font></div>
            </td>
          </tr>
          <tr bgcolor="white">
            <td align="left" valign="top" width="5%" style="border-bottom: white;">&#160;</td>
            <td align="left" valign="top" width="5%" style="border-bottom: white;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.6</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: white;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amended
                and Restated Pledge and Escrow Agreement dated April 4, 2006 among
                Cornell
                Capital, Montgomery, Dan L. Jonson and David Gonzales,
                Esq.</font></div>
            </td>
          </tr>
          <tr bgcolor="#ccffcc">
            <td align="left" valign="top" width="5%" bgcolor="#ffffff" style="border-bottom: #ffffff;">&#160;</td>
            <td align="left" valign="top" width="5%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.7</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Irrevocable
                Transfer Agent Instructions Agreement dated April 4, 2006 among Olde
                Monmouth Stock Transfer Company, Cornell Capital and David Gonzales,
                Esq.</font></div>
            </td>
          </tr>
          <tr bgcolor="white">
            <td align="left" valign="top" width="5%" style="border-bottom: white;">&#160;</td>
            <td align="left" valign="top" width="5%" style="border-bottom: white;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.8</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: white;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Warrant
                dated April 4, 2006 between Montgomery and the Company.</font></div>
            </td>
          </tr>
          <tr bgcolor="#ccffcc">
            <td align="left" valign="top" width="5%" bgcolor="#ffffff" style="border-bottom: #ffffff;">&#160;</td>
            <td align="left" valign="top" width="5%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.9</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Securities
                Purchase Agreement dated April 4, 2006 between Cornell Capital and
                the
                Company.</font></div>
            </td>
          </tr>
          <tr bgcolor="white">
            <td align="left" valign="top" width="5%" style="border-bottom: white;">&#160;</td>
            <td align="left" valign="top" width="5%" style="border-bottom: white;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.10</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: white;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Second
                Amended and Restated Subsidiary Security Agreement dated April 4,
                2006
                between Cornell Capital and Solution Technology
                International.</font></div>
            </td>
          </tr>
          <tr bgcolor="#ccffcc">
            <td align="left" valign="top" width="5%" bgcolor="#ffffff" style="border-bottom: #ffffff;">&#160;</td>
            <td align="left" valign="top" width="5%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.11</font></div>
            </td>
            <td align="left" valign="top" width="69%" style="border-bottom: #ccffcc;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amended
                and Restated Guaranty dated April 4, 2006 between Cornell Capital
                and
                Solution Technology International.</font></div>
            </td>
          </tr>
          <tr bgcolor="#ccffcc">
            <td align="left" valign="top" width="5%" bgcolor="#ffffff">&#160;</td>
            <td align="left" valign="top" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.12</font></td>
            <td align="left" valign="top" width="69%"><font size="2">Amended and
              Restated
              Secured Convertible Debenture dated April 4, 2006 between Montgomery
              and
              the Company.</font></td>
          </tr>
          <tr bgcolor="#ccffcc">
            <td align="left" valign="top" width="5%" bgcolor="#ffffff">&#160;</td>
            <td align="left" valign="top" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.13</font></td>
            <td align="left" valign="top" width="69%"><font size="2">Amended and
              Restated
              Convertible Compensation Debenture dated April 4, 2006 between Cornell
              Capital and the Company.</font></td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to the requirements of 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.</font></div>
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            <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
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                TECHNOLOGIES, INC.</strong></font></div>
            </td>
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            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
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            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">Date:&#160;April
              10, 2006</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">By:&#160;&#160;</font></td>
            <td>&#160;/s/ <font size="2">Anthony Joffe</font></td>
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              <hr style="COLOR: black" align="left" noshade size="2" width="80%"><font size="2">Anthony
              Joffe</font></td>
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            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">President</font></td>
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{"company-data": {"conformed-name": "NETWORTH TECHNOLOGIES, INC.", "cik": "0001000285", "assigned-sic": "4813", "irs-number": "541778587", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27842", "film-number": "06751818"}, "business-address": {"street1": "6499 NW 9TH AVENUE", "street2": "SUITE 304", "city": "FORT LAUDERDALE", "state": "FL", "zip": "33309", "phone": "954-670-2300"}, "mail-address": {"street1": "6499 NW 9TH AVENUE", "street2": "SUITE 304", "city": "FORT LAUDERDALE", "state": "FL", "zip": "33309"}, "former-company": [{"former-conformed-name": "COLMENA CORP", "date-changed": "19980312"}, {"former-conformed-name": "SPORTS GUARD INC", "date-changed": "19960228"}]}
UNITED
      STATES
SECURITIES
      AND EXCHANGE COMMISSION
Washington,
      DC 20549
FORM
      8-K
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 4, 2006
NETWORTH
      TECHNOLOGIES, INC.
(Exact
      name of registrant as specified in its charter)
Delaware
(State
                or Other Jurisdiction
of
                Incorporation)
0-27842
(Commission
File
                Number)
54-1778587
(I.R.S.
                Employer
Identification
                No.)
101
      SW 11th Avenue, Boca Raton, Florida 33486
(Address
      of Principal Executive Office) (Zip Code)
(561)
      392-6010
(Registrant's
      telephone number, including area code)
6499
      NW 9
th
Avenue, Suite 304
Fort
      Lauderdale, Florida 33309
(Former
      Name or Former Address, If Changed Since Last Report.)
Check
      the appropriate box below if the Form 8-K filing is intended to simultaneously
      satisfy the filing obligation of the registrant under any of the following
      provisions:
q
Written
                communications pursuant to Rule 425 under the Securities Act (17
                CFR
                230.425)
q
Soliciting
                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                240.14a-12)
q
Pre-commencement
                communications pursuant to Rule 14d-2(b) under the Exchange Act (17
                CFR
                240.14d-2(b))
q
Pre-commencement
                communications pursuant to Rule 13e-4(c) under the Exchange Act (17
                CFR
                240.13e-4(c))
Section
      1 - Registrant's Business and Operations
Item
      1.01
Entry
      Into A Material Definitive Agreement
On
      April
      4, 2006 NetWorth Technologies ("NetWorth" or the "Company") and its wholly-owned
      subsidiary, Solution Technology International, Inc. ("STI"), entered into a
      series of agreements with Cornell Capital Partners, LP ("Cornell Capital") and
      its affiliate, Montgomery Equity Partners, Ltd. ("Montgomery"). NetWorth
      received a new loan of $1,000,000 from Cornell Capital for which NetWorth issued
      a secured convertible debenture. Many of the agreements amend and restate the
      agreements that NetWorth entered into in December 2005 with Cornell Capital
      and
      Montgomery. The standby equity distribution agreement between Cornell Capital
      and the Company was terminated.
Secured
      Convertible Debenture. NetWorth entered into a secured convertible debenture
      in
      the principal amount of $1,000,000 dated April 4, 2006 and due April 4, 2008.
      The debenture carries an interest rate of 8%. NetWorth has an option to redeem
      a
      portion or all amounts outstanding under the amended and restated convertible
      debenture upon three days advance written notice provided that the closing
      bid
      price of NetWorth's common stock is is less than $.005 (or the market price upon
      the completion of a 150:1 reverse stock split by NetWorth as proposed in its
      Schedule 14C now under SEC review). Cornell Capital has a right to convert
      the
      debenture into shares of NetWorth common stock based upon a quotient obtained
      by
      dividing (i) the outstanding amount of the convertible debenture by the (ii)
      the
      conversion price which is equal to the lesser of $.005 (or the market price
      upon
      the completion of a 150:1 reverse stock split by NetWorth as proposed in its
      Schedule 14C now under SEC review) or 80% of the lowest closing bid price of
      NetWorth's common stock during the thirty trading days immediately prior to the
      conversion date. In the event NetWorth does not have enough shares of common
      stock authorized or listed or quoted on the OTCBB or it cannot timely satisfy
      the conversion sought by Cornell Capital, then Cornell Capital can demand cash
      equal to the product of the outstanding principal amount to be converted plus
      any interest due provided by the conversion price and multiplied by the highest
      closing price of the stock from the date of the conversion notice until the
      date
      that such cash payment is made. Cornell Capital cannot convert the debenture
      or
      receive shares of NetWorth common stock if it would beneficially own in excess
      of 4.9% of NetWorth's issued and outstanding shares of common stock at the time
      of such conversion, such determination to be made by Cornell Capital.
Under
      the
      terms of the convertible debenture so long as any principal amount or interest
      is owed, NetWorth cannot, without the prior consent of Cornell Capital (i)
      issue
      or sell any common or preferred stock with or without consideration, (ii) issue
      or sell any preferred stock, warrant, option, right, contract or other security
      or instrument granting the holder thereof the right to acquire common stock
      with
      or without consideration, (iii) enter into any security instrument granting
      the
      holder of security interest in any of NetWorth's assets or (iv) file any
      registration statement on Form S-8. Under the terms of the convertible debenture
      there are a series of events of default, including failure to pay principal
      and
      interest when due, NetWorth's common stock ceasing to be quoted for trading or
      listing on the OTCBB and shall not again be quoted or listed for trading within
      five trading days of such listing, NetWorth being in default of any other
      debentures that NetWorth has issued to Cornell Capital. Following an event
      of
      default and while the event of default is not cured, Cornell Capital may
      accelerate all amounts due and payable in cash or elect to convert such amounts
      to common stock having a conversion price of the lower of $.005 per share (or
      the market price upon the completion of a 150:1 reverse stock split by NetWorth
      as proposed in its Schedule 14C now under SEC review) or the lowest closing
      bid
      price during the thirty days immediately preceding the conversion date.
Termination
      Agreement. The standby equity distribution agreement, registration rights
      agreement, escrow agreement and placement agent agreement, each dated December
      20, 2005, were cancelled. Cornell Capital, however, retained the $400,000
      Compensation Debenture in connection with the standby equity distribution
      agreement, the material terms of which are the same as the amended and restated
      secured convertible debenture described below.
Second
      Amended and Restated Secured Convertible Debenture. NetWorth entered into a
      second amended and restated convertible debenture in the principal amount of
      $642,041 dated April 4, 2006. NetWorth has assumed the obligations of STI to
      Cornell Capital under two secured debentures each in the amount of $300,000
      issued on June 29, 2004 and August 23, 2004, respectively plus accrued interest
      of $42,041. Interest payments are to be paid monthly in arrears commencing
      April
      4, 2006 and continuing for the first day of each calendar month thereafter
      that
      any amounts due under the convertible debenture are due and payable. The
      interest includes a redemption premium of 20% in addition to interest set at
      an
      annual rate of 8%. Monthly principal payments are to commence April 4, 2006
      with
      any outstanding principal and interest to be paid in full no later than April
      4,
      2008.
NetWorth
      has an option to redeem a portion or all amounts outstanding under the amended
      and restated convertible debenture upon three days advance written notice.
      Cornell Capital has a right to convert the debenture into shares of NetWorth
      common stock based upon a quotient obtained by dividing (i) the outstanding
      amount of the convertible debenture by the (ii) the conversion price which
      is
      equal to the lesser of $.005 (or the market price upon the completion of a
      150:1
      reverse stock split by NetWorth as proposed in its Schedule 14C now under SEC
      review) or 80% of the lowest closing bid price of NetWorth's common stock during
      the thirty trading days immediately prior to the conversion date. In the event
      NetWorth does not have enough shares of common stock authorized or listed or
      quoted on the OTCBB or it cannot timely satisfy the conversion sought by Cornell
      Capital, then Cornell Capital can demand cash equal to the product of the
      outstanding principal amount to be converted plus any interest due divided
      by
      the conversion price and multiplied by the highest closing price of the stock
      from the date of the conversion notice until the date that such cash payment
      is
      made. Cornell Capital cannot convert the debenture or receive shares of NetWorth
      common stock if it would beneficially own in excess of 4.9% of our issued and
      outstanding shares of common stock at the time of such conversion, such
      determination to be made by Cornell Capital.
Under
      the
      terms of the convertible debenture so long as any principal amount or interest
      is owed, NetWorth cannot, without the prior consent of Cornell Capital (i)
      issue
      or sell any common or preferred stock with or without consideration, (ii) issue
      or sell any preferred stock, warrant, option, right, contract or other security
      or instrument granting the holder thereof the right to acquire common stock
      with
      or without consideration, (iii) enter into any security instrument granting
      the
      holder of security interest in any of NetWorth's assets or (iv) file any
      registration statement on Form S-8. Under the terms of the convertible debenture
      there are a series of events of default, including failure to pay principal
      and
      interest when due, the common stock ceasing to be quoted for trading or listing
      on the OTCBB and not again being quoted or listed for trading within five
      trading days of such listing, or if NetWorth being in default of any other
      debentures issued by NetWorth to Cornell Capital. Following an event of default,
      and while the event of default is not cured, Cornell Capital may accelerate
      all
      amounts due and payable in cash or elect to convert such amounts to common
      stock
      having a conversion price of $.01 per share.
Amended
      and Restated Investor Registration Rights Agreement. On April 4, 2006 NetWorth
      entered into an amended and restated registration rights agreement with Cornell
      Capital. Under the terms of the registration rights agreement NetWorth is
      obligated to register on Form SB-2 or any other applicable form the shares
      of
      its common stock issuable to Cornell Capital upon conversion of the $1,000,000
      convertible debenture, the warrant shares be to be issued under the warrant
      to
      Cornell Capital described above, the $642,041 convertible debenture issued
      to
      Cornell Capital, the $256,757 debenture issued to Montgomery and the warrant
      shares to issued under the warrant to Montgomery. NetWorth will pay all expenses
      in connection with such registration. NetWorth is required to file with the
      SEC
      in a timely manner all reports or other documents required under the Securities
      Act of 1933, as amended and the Securities Exchange Act of 1934, as amended
      to
      allow Cornell Capital and Montgomery to take advantage of Rule 144 under the
      Securities Act of 1933 (as amended).
Amended
      and Restated Security Agreement. NetWorth entered into a security agreement
      dated April 4, 2006 with Cornell Capital and Montgomery. Under the terms of
      the
      security agreement, NetWorth provided a blanket lien to Cornell Capital and
      Montgomery to secure its obligations under the convertible debentures issued
      to
      Cornell Capital and Montgomery, respectively. Under the terms of the security
      agreement NetWorth is not allowed to permit any debts or liens against
      NetWorth's property other than the lien previously granted by STI to Crosshill
      Georgetown Capital under the terms of a loan agreement for $750,000 plus
      interest between STI and Crosshill Georgetown Capital that NetWorth has assumed
      following the merger between NetWorth and STI.
Amended
      and Restated Pledge and Escrow Agreement. NetWorth entered into a pledge and
      escrow agreement dated April 4, 2006 with Cornell Capital, Montgomery, Dan
      L.
      Jonson and David Gonzales, Esq., acting as escrow agent. Under the terms of
      the
      pledge and escrow agreement, Dan L. Jonson, President and CEO of STI, pledged
      his shares of NetWorth to secure NetWorth's obligations under the convertible
      debenture issued to Cornell Capital and to Montgomery under the securities
      purchase agreement between NetWorth and Montgomery. Mr. Jonson's shares are
      being held by David Gonzales, Esq., who is a principal with Cornell Capital.
      In
      the event of default under the pledge and escrow agreement, that includes
      failure of Montgomery or STI to comply with any of the agreements between
      themselves and either Montgomery or Cornell Capital, Mr. Jonson's pledged shares
      can be sold to cover any of the obligations owed by NetWorth or STI to Cornell
      Capital and Montgomery under the various financing agreements discussed here.
      The pledged shares shall be returned to Mr. Jonson upon payment in full of
      all
      amounts owed to Cornell Capital and Montgomery under the convertible debentures.
Irrevocable
      Transfer Agent Instructions Agreement. NetWorth entered into an irrevocable
      transfer agent instructions agreement dated April 4, 2006 among NetWorth's
      transfer agent, Olde Montmouth Stock Transfer Company, Cornell Capital and
      David
      Gonzales, Esq., as escrow agent. Under the terms of the irrevocable transfer
      agent instructions, NetWorth's common stock to be issued upon conversion of
      the
      convertible debentures for $1,000,000 and $400,000 and any interest and
      liquidated damages to be converted into shares of NetWorth's common stock,
      Olde
      Monmouth is required to issue those shares to Cornell Capital upon receiving
      a
      duly executed conversion notice described in the irrevocable transfer
      instructions. NetWorth confirmed under the terms of the irrevocable transfer
      agent instructions that the conversion shares shall be freely transferable
      on
      our books and records and not bear any legend restricting transfer. The transfer
      agent has agreed to reserve for issuance to Cornell Capital sufficient shares
      of
      common stock should Cornell Capital elect to convert any of NetWorth's
      obligations under the convertible debenture into shares of NetWorth's common
      stock.
Warrant.
      NetWorth issued a warrant for 639,834 shares of its common stock (subject to
      adjustment for stock splits, stock dividends and recapitalizations) to
      Montgomery at an exercise price of $0.01 per share. The warrant is exercisable
      until December 20, 2008. Montgomery cannot exercise the warrant if doing so
      would cause it to beneficially own in excess of 4.99% of the total issued and
      outstanding shares of NetWorth common stock unless the exercise is made within
      sixty days prior to December 20, 2008. The shares issued upon excise of the
      warrant have piggyback and demand registration rights set forth in the
      registration rights agreement described above
Securities
      Purchase Agreement. NetWorth entered into a securities purchase agreement dated
      April 4, 2006 with Cornell Capital. The securities purchase agreement relates
      to
      the $1,000,000 secured convertible debenture described above. In accordance
      with
      the securities purchase agreement, NetWorth agreed to enter into (i) an amended
      and restated investor registration rights agreement to provide registration
      rights under the Securities Act of 1933, as amended, for shares of NetWorth
      common stock that could be issued upon conversion of the amounts owed for
      principal and interest under the convertible debentures described above, (ii)
      an
      amended and restated security agreement to provide a blanket lien against our
      property as described above, (iii) an amended and restated pledge and escrow
      agreement under which Mr. Jonson pledged his shares of NetWorth's common stock
      to Cornell and Montgomery, (iv) a second amended and restated security agreement
      among NetWorth, Cornell Capital, Montgomery and STI and (v) an irrevocable
      transfer agent instructions letter agreement described above.
Under
      the
      securities purchase agreement NetWorth agreed to preserve an adequate number
      of
      shares to effect any right of conversion exercised by
Cornell
      Capital under the warrant and the convertible debenture described above.
      NetWorth also agreed to pay Yorkville Advisors Management, LLC, a company
      affiliated with Montgomery and Cornell Capital, a fee equal to 10% of the
      purchase price or $100,000 and a structuring fee to Yorkville Advisors
      Management, LLC of $10,000.
Second
      Amended and Restated Subsidiary Security Agreement. STI entered into a second
      amended and restated subsidiary security agreement dated April 4, 2006. The
      material terms of the second amended and restated subsidiary security agreement
      are the same as the security agreement that NetWorth executed with Cornell
      Capital described above.
Amended
      and Restated Guaranty. STI entered into an amended and restated guaranty dated
      April 4, 2006 with Cornell Capital under which it guaranteed as a direct obligor
      NetWorth's payment and performance under the $1,000,000 convertible debenture
      described above, the $400,000 convertible debenture described above, and the
      $642,041 and the $256,757 convertible debenture issued by NetWorth to
      Montgomery, including all collection fees incurred by Cornell Capital and
      Montgomery should they have to seek enforcement of their rights under the
      amended and restated guaranty.
Amended
      and Restated Secured Convertible Debenture.
      NetWorth entered into amended and restated secured convertible debenture with
      Montgomery in the amount of $256,754 due April 4, 2008. This debenture has
      similar redemption, conversion and remedies upon an event of default as the
      second amended and restated secured convertible debenture described
      above.
Amended
      and Restated Convertible Compensation Debenture. NetWorth entered
      into an amended and restated convertible compensation debenture in the amount
      of
      $400,000 due April 4, 2008. The debenture is for a fee to be paid to Cornell
      Capital in connection with the now terminated stand by equity distribution
      agreement. This debenture has similar redemption, conversion and remedies upon
      an event of default as the second amended and restated secured convertible
      debenture described above.
The
      foregoing is a summary of the secured convertible debenture, the termination
      agreement, the second amended and restated secured convertible debenture, the
      amended and restated investor registration rights agreement, the amended and
      restated pledge and escrow agreement, the amended and restated
      security agreement, the irrevocable transfer agent instructions agreement,
      the
      warrant, the securities purchase agreement, the second amended and restated
      subsidiary security agreement, the amended and restated guaranty,
      the amended and restated secured convertible debenture and the amended and
      restated convertible compensation debenture and is qualified in its
      entirety by reference to these agreements, copies of which are attached as
      Exhibits to this Form 8-K and incorporated by reference into this Form 8-K.
Item
      9.01
Financial
      Statements and Exhibits
(d)
Exhibits
10.1
Secured
                Convertible Debenture dated April 4, 2006 between Cornell Capital
                and the
                Company.
10.2
Termination
                Agreement dated April 4, 2006 between Cornell Capital and the
                Company.
10.3
Second
                Amended and Restated Secured Convertible Debenture dated April 4,
                2006
                between Cornell Capital and the Company.
10.4
Amended
                and Restated Investor Registration Rights Agreement dated April 4,
                2006
                between Cornell Capital and the Company.
10.5
Amended
                and Restated Security Agreement dated April 4, 2006 among Cornell
                Capital,
                Montgomery Equity Partners and the Company.
10.6
Amended
                and Restated Pledge and Escrow Agreement dated April 4, 2006 among
                Cornell
                Capital, Montgomery, Dan L. Jonson and David Gonzales,
                Esq.
10.7
Irrevocable
                Transfer Agent Instructions Agreement dated April 4, 2006 among Olde
                Monmouth Stock Transfer Company, Cornell Capital and David Gonzales,
                Esq.
10.8
Warrant
                dated April 4, 2006 between Montgomery and the Company.
10.9
Securities
                Purchase Agreement dated April 4, 2006 between Cornell Capital and
                the
                Company.
10.10
Second
                Amended and Restated Subsidiary Security Agreement dated April 4,
                2006
                between Cornell Capital and Solution Technology
                International.
10.11
Amended
                and Restated Guaranty dated April 4, 2006 between Cornell Capital
                and
                Solution Technology International.
10.12
Amended and
              Restated
              Secured Convertible Debenture dated April 4, 2006 between Montgomery
              and
              the Company.
10.13
Amended and
              Restated
              Convertible Compensation Debenture dated April 4, 2006 between Cornell
              Capital and the Company.
SIGNATURES
Pursuant
      to the requirements of 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.
NETWORTH
                TECHNOLOGIES, INC.
Date: April
              10, 2006
By:
/s/
Anthony Joffe
Anthony
              Joffe
President