Simple script to read 2 variables from text file, space-delimited
@ECHO off
for /F "eol=; tokens=1,2" %%A in (list.txt) do call :create %%A %%B
Goto END-create
REM ***************************************************************************
:create
echo %1 %2
REM net user %1 /add
goto :EOF
:END-create
ECHO.
pause
EXIT
Themocracy