UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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 7, 2005


                                  KNOBIAS, INC.
             (Exact name of registrant as specified in its charter)


          Delaware                      000-33315                13-3968990
--------------------------------------------------------------------------------
(State or other jurisdiction     (Commission File Number)      (IRS Employer
     of incorporation)                                       Identification No.)


                               875 Northpark Drive
                              Building 2, Suite 500
                               Ridgeland, MS 39157
              (Address of principal executive offices and Zip Code)


        Registrant's telephone number, including area code (601) 978-3399


                                   Copies to:
                             Gregory Sichenzia, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725


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 (see General Instruction A.2. below):

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))
<PAGE>

Item 1.01 Entry into a Material Definitive Agreement.

April 7, 2005 Promissory Note

      On April 7, 2005,  we sold to Timothy J. Aylor,  a director of our company
(i) a Subordinated  Promissory  Note in the amount of $50,000 and (ii) a warrant
to purchase  10,000  shares of our common  stock.  The warrants are  exercisable
until  five  years from the date of  issuance  at a purchase  price of $0.75 per
share.

      The Subordinated  Promissory Note bears interest at 12% per annum, payable
monthly,  and  matures  on  October  7,  2005.  We have the option to prepay the
principal,  and all accrued interest, at any time prior to the date of maturity.
So long as the  Subordinated  Promissory Note is outstanding,  we agreed that we
will not:

      a)    amend our  certificate  of  incorporation,  bylaws or other  charter
            documents so as to adversely affect any rights of the holder;

      b)    repay, repurchase or offer to repay, repurchase or otherwise acquire
            any  of  our  common  stock,   preferred   stock,  or  other  equity
            securities; or

      c)    enter into any agreement with respect to any of the foregoing.

      The full principal  amount of the  Subordinated  Promissory  Note,  plus a
default  interest  rate of 20%,  is due upon a  default  under  the terms of the
Subordinated Promissory Note.

      The warrants are exercisable until five years from the date of issuance at
a purchase  price of $0.75 per share.  However,  the holder  will be entitled to
exercise  the  warrants  on a  cashless  basis if the  shares  of  common  stock
underlying the warrants are not registered pursuant to an effective registration
statement within one year from issuance.

      Mr. Aylor has  contractually  agreed to restrict his ability to convert or
exercise  his  warrants  and  receive  shares of our common  stock such that the
number of  shares of common  stock  held by him and his  affiliates  after  such
conversion or exercise does not exceed 9.99% of the then issued and  outstanding
shares of common stock.

      In addition,  the exercise  price of the warrants  will be adjusted in the
event we issue common stock at a price below the exercise price.

      Upon an issuance of shares of common  stock  below the market  price,  the
exercise price of the warrants will be reduced accordingly.  The market price is
the  volume  weighted  average  price of our  common  stock on the  trading  day
immediately  preceding  such  issuance  as set  forth on our  principal  trading
market.  The  exercise  price of the  warrants  may also be  adjusted in certain
circumstances  such  as if  we  pay  a  stock  dividend,  subdivide  or  combine
outstanding shares of common stock into a greater or lesser number of shares, or
take such other  actions as would  otherwise  result in  dilution of the selling
stockholder's position.

April 22, 2005 Convertible Promissory Note

      On April 22, 2005, we sold to Bridges & Pipes, LLC, an affiliate of Duncan
Capital Group,  LLC, (i) a Convertible  Promissory Note in the amount of $75,000
and (ii) warrants to purchase  22,500  shares of our common stock.  The warrants
are  exercisable  until five years from the date of issuance at a purchase price
of $0.75 per share.

      The Convertible Promissory Note bears interest at 8% per annum and matures
on the  earlier  of (i)  July  22,  2005 or (ii) the  completion  of  additional
financing in which we realize at least $1,500,000 in gross proceeds. We have the
option to prepay the principal,  and all accrued interest,  at any time prior to
the date of maturity. The Convertible Promissory Note is convertible into shares
of our common stock, at the investor's option, at a price of $0.60 per share.
<PAGE>

      The  full  principal  amount  of the  Convertible  Promissory  Note,  plus
interest,  is due upon a default under the terms of the  Convertible  Promissory
Note.

      The warrants are exercisable until five years from the date of issuance at
a purchase price of $0.75 per share. However, the holder is entitled to exercise
the warrants on a cashless basis.

      Bridges & Pipes, LLC has  contractually  agreed to restrict its ability to
convert its  promissory  note or exercise its warrants and receive shares of our
common  stock such that the number of shares of common  stock held by it and its
affiliates  after such  conversion or exercise does not exceed 4.99% of the then
issued and outstanding shares of common stock.

      In addition,  the exercise  price of the warrants  will be adjusted in the
event we issue common stock at a price below the exercise price.

      Upon an issuance of shares of common  stock  below the market  price,  the
exercise price of the warrants will be reduced accordingly.  The market price is
the  volume  weighted  average  price of our  common  stock on the  trading  day
immediately  preceding  such  issuance  as set  forth on our  principal  trading
market.  The  exercise  price of the  warrants  may also be  adjusted in certain
circumstances  such  as if  we  pay  a  stock  dividend,  subdivide  or  combine
outstanding shares of common stock into a greater or lesser number of shares, or
take such other  actions as would  otherwise  result in  dilution of the selling
stockholder's position.

Item 2.03 Creation of a Direct Financial Obligation.

      See Item 1.01 above.

Item 3.02 Unregistered Sales of Equity Securities.

      See Item 1.01 above.

Item 9.01 Financial Statements and Exhibits.

      (a)   Financial statements of business acquired.

            Not applicable.

      (b)   Pro forma financial information.

            Not applicable.

      (c)   Exhibits.

Exhibit Number                             Description
--------------    --------------------------------------------------------------
4.1               12% Subordinated  Promissory Note, issued to Timothy J. Aylor,
                  dated April 7, 2005
4.2               Common  Stock  Purchase  Warrant,  issued to Timothy J. Aylor,
                  dated April 7, 2005
4.3               8%  Convertible  Promissory  Note,  issued to Bridges & Pipes,
                  LLC, dated April 22, 2005
4.4               Common Stock Purchase Warrant, issued to Bridges & Pipes, LLC,
                  dated April 22, 2005
<PAGE>

                                   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.

                                             KNOBIAS, INC.


Date: April 28, 2005                         /s/ E. KEY RAMSEY
                                             -----------------------------------
                                             E. Key Ramsey
                                             President
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UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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 7, 2005

                                  KNOBIAS, INC.
             (Exact name of registrant as specified in its charter)

          Delaware                      000-33315                13-3968990
--------------------------------------------------------------------------------
(State or other jurisdiction     (Commission File Number)      (IRS Employer
     of incorporation)                                       Identification No.)

                               875 Northpark Drive
                              Building 2, Suite 500
                               Ridgeland, MS 39157
              (Address of principal executive offices and Zip Code)

        Registrant's telephone number, including area code (601) 978-3399

                                   Copies to:
                             Gregory Sichenzia, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725

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 (see General Instruction A.2. below):

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.

April 7, 2005 Promissory Note

      On April 7, 2005,  we sold to Timothy J. Aylor,  a director of our company
(i) a Subordinated  Promissory  Note in the amount of $50,000 and (ii) a warrant
to purchase  10,000  shares of our common  stock.  The warrants are  exercisable
until  five  years from the date of  issuance  at a purchase  price of $0.75 per
share.

      The Subordinated  Promissory Note bears interest at 12% per annum, payable
monthly,  and  matures  on  October  7,  2005.  We have the option to prepay the
principal,  and all accrued interest, at any time prior to the date of maturity.
So long as the  Subordinated  Promissory Note is outstanding,  we agreed that we
will not:

      a)    amend our  certificate  of  incorporation,  bylaws or other  charter
            documents so as to adversely affect any rights of the holder;

      b)    repay, repurchase or offer to repay, repurchase or otherwise acquire
            any  of  our  common  stock,   preferred   stock,  or  other  equity
            securities; or

      c)    enter into any agreement with respect to any of the foregoing.

      The full principal  amount of the  Subordinated  Promissory  Note,  plus a
default  interest  rate of 20%,  is due upon a  default  under  the terms of the
Subordinated Promissory Note.

      The warrants are exercisable until five years from the date of issuance at
a purchase  price of $0.75 per share.  However,  the holder  will be entitled to
exercise  the  warrants  on a  cashless  basis if the  shares  of  common  stock
underlying the warrants are not registered pursuant to an effective registration
statement within one year from issuance.

      Mr. Aylor has  contractually  agreed to restrict his ability to convert or
exercise  his  warrants  and  receive  shares of our common  stock such that the
number of  shares of common  stock  held by him and his  affiliates  after  such
conversion or exercise does not exceed 9.99% of the then issued and  outstanding
shares of common stock.

      In addition,  the exercise  price of the warrants  will be adjusted in the
event we issue common stock at a price below the exercise price.

      Upon an issuance of shares of common  stock  below the market  price,  the
exercise price of the warrants will be reduced accordingly.  The market price is
the  volume  weighted  average  price of our  common  stock on the  trading  day
immediately  preceding  such  issuance  as set  forth on our  principal  trading
market.  The  exercise  price of the  warrants  may also be  adjusted in certain
circumstances  such  as if  we  pay  a  stock  dividend,  subdivide  or  combine
outstanding shares of common stock into a greater or lesser number of shares, or
take such other  actions as would  otherwise  result in  dilution of the selling
stockholder's position.

April 22, 2005 Convertible Promissory Note

      On April 22, 2005, we sold to Bridges & Pipes, LLC, an affiliate of Duncan
Capital Group,  LLC, (i) a Convertible  Promissory Note in the amount of $75,000
and (ii) warrants to purchase  22,500  shares of our common stock.  The warrants
are  exercisable  until five years from the date of issuance at a purchase price
of $0.75 per share.

      The Convertible Promissory Note bears interest at 8% per annum and matures
on the  earlier  of (i)  July  22,  2005 or (ii) the  completion  of  additional
financing in which we realize at least $1,500,000 in gross proceeds. We have the
option to prepay the principal,  and all accrued interest,  at any time prior to
the date of maturity. The Convertible Promissory Note is convertible into shares
of our common stock, at the investor's option, at a price of $0.60 per share.
The  full  principal  amount  of the  Convertible  Promissory  Note,  plus
interest,  is due upon a default under the terms of the  Convertible  Promissory
Note.

      The warrants are exercisable until five years from the date of issuance at
a purchase price of $0.75 per share. However, the holder is entitled to exercise
the warrants on a cashless basis.

      Bridges & Pipes, LLC has  contractually  agreed to restrict its ability to
convert its  promissory  note or exercise its warrants and receive shares of our
common  stock such that the number of shares of common  stock held by it and its
affiliates  after such  conversion or exercise does not exceed 4.99% of the then
issued and outstanding shares of common stock.

      In addition,  the exercise  price of the warrants  will be adjusted in the
event we issue common stock at a price below the exercise price.

      Upon an issuance of shares of common  stock  below the market  price,  the
exercise price of the warrants will be reduced accordingly.  The market price is
the  volume  weighted  average  price of our  common  stock on the  trading  day
immediately  preceding  such  issuance  as set  forth on our  principal  trading
market.  The  exercise  price of the  warrants  may also be  adjusted in certain
circumstances  such  as if  we  pay  a  stock  dividend,  subdivide  or  combine
outstanding shares of common stock into a greater or lesser number of shares, or
take such other  actions as would  otherwise  result in  dilution of the selling
stockholder's position.

Item 2.03 Creation of a Direct Financial Obligation.

      See Item 1.01 above.

Item 3.02 Unregistered Sales of Equity Securities.

      See Item 1.01 above.

Item 9.01 Financial Statements and Exhibits.

      (a)   Financial statements of business acquired.

            Not applicable.

      (b)   Pro forma financial information.

            Not applicable.

      (c)   Exhibits.

Exhibit Number                             Description
--------------    --------------------------------------------------------------
4.1               12% Subordinated  Promissory Note, issued to Timothy J. Aylor,
                  dated April 7, 2005
4.2               Common  Stock  Purchase  Warrant,  issued to Timothy J. Aylor,
                  dated April 7, 2005
4.3               8%  Convertible  Promissory  Note,  issued to Bridges & Pipes,
                  LLC, dated April 22, 2005
4.4               Common Stock Purchase Warrant, issued to Bridges & Pipes, LLC,
                  dated April 22, 2005
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.

                                             KNOBIAS, INC.

Date: April 28, 2005                         /s/ E. KEY RAMSEY
                                             -----------------------------------
                                             E. Key Ramsey
                                             President