Disclosure Statement

Item 1. Exact Name of the Issuer and Its Predecessor (if any)

VENTURENET CAPITAL GROUP, INC.

Item 2. Address of Principal Executive Office

VentureNet Capital Group, Inc.

Temecula , CA 92590

Item 3. State of and Date of Incorporation of the Issuer

The Company was incorporated in the State of Nevada on May 24, 1989.

Item 4. Exact Title and Class of the Security for which the Exemption is sought

The Company's Articles of Incorporation authorize only one class of stock, which is common stock, of which there are 500,000,000 shares authorized.

Item 5. Par or Stated Value of the Security for which the Exemption is sought

Par Value $0.001 per share

Item 6. Number of Shares of Total Amount of the Securities Outstanding as of the End of the Issuer's Most Recent Annual Year and a Statement as to the Date of the Last Annual Year End

As of the date of this disclosure statement, the Company has a total of 424,418,777 shares of common stock issued and outstanding.

Item 7. Name and Address of the Transfer Agent

OTC Stock Transfer, Inc.

231 East 2100 South

Salt Lake City , UT 84115

Item 8. Nature of Issuer's Business

VentureNet Capital Group, Inc. currently specializes in funding extraordinary entrepreneurs operating businesses that represent dynamic growth potential.

Item 9. Nature of Product or Services Offered by the Issuer

VentureNet Capital Group, Inc. provides marketing and consulting services needed by every developing company. Each client company is offered expertise in areas such as accounting, investment and financial services, legal representation, promotion, publicity, sales and management consulting.

Item 10. The nature and Extent of the Issuer's Facilities

An adequate office.

Item 11. Names, Titles, Terms of Office and Brief Description of the Executive

Officers and Board of Directors

Name Position

Michael N. Brette President/CEO Director

Sharon Shears Vice President Director

All Directors serve one-year terms. The officers serve at the pleasure of

the Board.

Item 12. Issuer's most recent Balance Sheet and Profit and Loss earnings

statement.

The Issuer's most recent consolidated Balance Sheet statement is

attached hereto as Exhibit A.

Item 13. Similar Financial Information for Such Part of the Two Preceding Fiscal

Years as the Issuer or Its Predecessor has been in Existence

The Issuer's Balance Sheet and Profit and Loss statement for the two

preceding fiscal years are attached hereto.

Item 14. Is the Broker/Dealer or Associated Persons Affiliated Directly or

Indirectly with the Issuer?

No

Item 15. Is the Quotation being Published/Submitted on Behalf of Any Other

Broker/Dealer and, if so, what is the Name of such Broker or Dealer?

None

Item 16. Is the Quotation Being Submitted/Published Directly or Indirectly on

Behalf of the Issuer, or any Director, Officer or any Person

Directly/Indirectly the Beneficial Owner of more than 10% of the

outstanding Shares of any security of the Issuer?

No