##### Table of Contents



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 10-QSB

(Mark One)

|                                       |  |                                                                                        
|-------------------------------------- |  | ---------------------------------------------------------------------------------------
|x                                      |  | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|                                       |  |                                                                                        
|For the quarter ended March 31, 2003  
|                                       |  |                                                                                        
|o                                      |  | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT                        
|                                       |  |                                                                                        
|For the transition period from      to

Commission file number: 000-27131

NOMADIC COLLABORATION INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)


|                                                               |  |                                  
|-------------------------------------------------------------- |  | ---------------------------------
|Nevada                                                         |  | 88-0381258                       
|                                                               |  |                                  
|(State or other jurisdiction of
incorporation or organization) |  | (IRS Employer
Identification No.)

50 Marbella Street
World Trade Center, 12th Floor
Panama City, Republic of Panama
(Address of principal executive offices)

Tel.: (011)(507)213-8874
(Issuers telephone number)

Indicate by check mark whether registrant (1) has filed all reports required to
be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

x   Yes   
o   No

The registrant has 220,036 shares of common stock, $.001 par value per share
outstanding as of May 14, 2003 and there was 49 stockholders of record.





---

TABLE OF CONTENTS



|                                                                                              |                                       |  |  |  |  |  |  | 
|--------------------------------------------------------------------------------------------- | ------------------------------------- |  |  |  |  |  |  | 
|                                                                                              | Consolidated Balance Sheet           
|                                                                                              | Consolidated Statements of Operations
|                                                                                              | Consolidated Statements of Cash Flows
|NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS                                               
|Item 2. Managements Discussion and Analysis of Financial Condition and Results of Operation.
|Item 3  Controls and Procedures                                                             
|PART II  OTHER INFORMATION                                                                  
|Item 1. Legal Proceedings.                                                                   
|Item 2. Changes in Securities and Use of Proceeds.                                           
|Item 3. Defaults Upon Senior Securities.                                                     
|Item 4. Submission of Matters to a Vote of Security Holders.                                 
|Item 5. Other Information.                                                                   
|Item 6. Exhibits and Reports on Form 8-K.                                                    
|SIGNATURES                                                                                   
|Certifications                                                                               
|Certification of CEO & CFO                                                                   



---



##### Table of Contents



NOMADIC COLLABORATION INTERNATIONAL, INC.
(A Development Stage Company)
FORM 10-QSB

INDEX

|                                                            |                                                                                                                                                                                     
|----------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|PART I FINANCIAL INFORMATION                               
|Item 1. Financial Statements                               
|                                                            | Consolidated Balance Sheet as of March 31, 2003                                                                                                                                     
|                                                            | Consolidated Statement of Operations cumulative for the period from July
28, 1999 (date of incorporation) to March 31, 2003, and for the
three months ending March 31, 2003 and 2002
|                                                            | Statement of Cash Flows cumulative for the period from July 28, 1999 (date
of incorporation) to March 31, 2003, and for the
three months ending March 31, 2003 and 2002             
|                                                            | Notes to Financial Statements                                                                                                                                                       
|Item 2. Managements Discussion and Analysis               
|Item 3. Controls and Procedures                            
|PART II OTHER INFORMATION                                  
|Item 1. Legal Proceedings                                  
|Item 2. Changes in Securities and Use of Proceeds          
|Item 3. Defaults Upon Senior Securities                    
|Item 4. Submission of Matters to a Vote of Security Holders
|Item 5. Other Information                                  
|Item 6. Exhibits and Reports on Form 8-K                   
|SIGNATURES                                                 
|CERTIFICATIONS                                             

2



---



##### Table of Contents



Nomadic Collaboration International, Inc.
(A Development Stage Company)




Consolidated Balance Sheet


March 31, 2003


|                                      |                                                  |                                             |   |             |          |  
|------------------------------------- | ------------------------------------------------ | ------------------------------------------- | - | ----------- | -------- | -
|                                      |                                                  |                                             |   | 2003       
|                                      |                                                  |                                             |   |            
|                                      |                                                  |                                             |   | (Unaudited)
|Assets                                |                                                  |                                             |   |            
|Current Assets:                       |                                                  |                                             |   |            
|                                      | Funds held in escrow                             |                                             | $ | 4,466       |         
|                                      |                                                  |                                             |   |            
|                                      |                                                  | Total assets                                |   | $           | 4,466    |  
|                                      |                                                  |                                             |   |            
|Liabilities and Stockholders Deficit |                                                  |                                             |   |            
|Current liabilities:                  |                                                  |                                             |   |            
|                                      | Accounts payable                                 |                                             | $ | 152,801     |         
|                                      | Accrued liabilities                              |                                             |   | 146,649     |         
|                                      | Promissory note                                  |                                             |   | 7,000       |         
|                                      | Loan from PanAmerica Capital Group               |                                             |   | 72,810      |         
|                                      | Convertible promissory note                      |                                             |   | 46,100      |         
|                                      |                                                  |                                             |   |            
|                                      |                                                  | Total liabilities                           |   |             | 425,360  |  
|Commitments and contingencies         |                                                  |                                             |   |            
|Stockholders deficit                 |                                                  |                                             |   |            
|                                      | Common stock                                     |                                             |   | 220         |         
|                                      | Additional paid in capital                       |                                             |   | 1,651,753   |         
|                                      | Deficit accumulated during the development stage |                                             |   | (2,072,867  | )       
|                                      |                                                  |                                             |   |            
|                                      |                                                  | Total stockholders deficit                 |   |             | (420,894 | )
|                                      |                                                  |                                             |   |            
|                                      |                                                  | Total liabilities and stockholders deficit |   | $           | 4,446    |  
|                                      |                                                  |                                             |   |            

See accompanying notes to financial statements

3



---



##### Table of Contents



Nomadic Collaboration International, Inc.
(A Development Stage Company)




Consolidated Statements of Operations


|                         |                                            |                      |   |                  |         |                    |   |             |   |  |   |         |        |  
|------------------------ | ------------------------------------------ | -------------------- | - | ---------------- | ------- | ------------------ | - | ----------- | - |  | - | ------- | ------ | -
|                         |                                            |                      |   | Cumulative from  |         | Three Months Ended
|                         |                                            |                      |   | incorporation on |         | March 31,         
|                         |                                            |                      |   | July 28, 1999 to |         |                   
|                         |                                            |                      |   | March 31, 2003   |         | 2003               |   | 2002       
|                         |                                            |                      |   |                  |         |                    |   |            
|                         |                                            |                      |   | (Unaudited)      |         | (Unaudited)        |   | (Unaudited)
|                         |                                            |                      |   |                  |         |                    |   |            
|Expenses:                |                                            |                      |   |                  |         |                    |   |             |   |  |   |        
|                         | General and administrative                 |                      | $ | 2,052,441        |         |                    | $ | 143,813     |   |  |   | 2,000   |       
|Other income (expenses): |                                            |                      |   |                  |         |                    |   |             |   |  |   |        
|                         | Other income                               |                      |   | 26,168           |         |                    |   |            |   |  |   |        |       
|                         | Other expense                              |                      |   | (46,594          | )       |                    |   |            |   |  |   |        |       
|                         |                                            |                      |   |                  |         |                    |   |             |   |  |   |        
|                         |                                            | Total other expenses |   |                  | (20,426 | )                  |   |             |  |  |   |         | (2,000 | )
|                         |                                            |                      |   |                  |         |                    |   |             |   |  |   |        
|                         | Net Loss for period                        |                      | $ | (2,072,867       | )       |                    | $ | (143,813    | ) |  | $ | (2,000  | )     
|                         |                                            |                      |   |                  |         |                    |   |             |   |  |   |        
|                         | Basic loss per common share                |                      |   |                  |         |                    | $ | (0.65       | ) |  | $ | (0.01   | )     
|                         |                                            |                      |   |                  |         |                    |   |             |   |  |   |        
|                         | Weighted average common shares
outstanding |                      |   |                  |         |                    |   | 220,136     |   |  |   | 136,313 |       
|                         |                                            |                      |   |                  |         |                    |   |             |   |  |   |        

See accompanying notes to financial statements

4



---



##### Table of Contents



Nomadic Collaboration International, Inc.
(A Development Stage Company)




Consolidated Statements of Cash Flows


|                                               |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |        |   |       |   | 
|---------------------------------------------- | --------------------------------------------------------------------------- | ---------------------------------------------------- | ---------------------------------------- | ----------------------------------------- | ------- | ---------------- | ---------- | ------------------ | - | ----------- | ------- | ------ | - | ----- | - | 
|                                               |                                                                             |                                                      |                                          |                                           |         | Cumulative       |            |                    |   |             |         |        |   |      
|                                               |                                                                             |                                                      |                                          |                                           |         | Amounts from     |            | Three Months Ended
|                                               |                                                                             |                                                      |                                          |                                           |         | Incorporation on |            | March 31,         
|                                               |                                                                             |                                                      |                                          |                                           |         | July 28, 1999 to |            |                   
|                                               |                                                                             |                                                      |                                          |                                           |         | March 31, 2003   |            | 2003               |   | 2002       
|                                               |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |            
|                                               |                                                                             |                                                      |                                          |                                           |         | (Unaudited)      |            | (Unaudited)        |   | (Unaudited)
|                                               |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |            
|Cash flows from operating activities:          |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |       
|                                               | Net loss                                                                    |                                                      | $                                        | (2,072,867                                | )       |                  | $          | (143,813           | ) |             | $       | (2,000 | )
|                                               | Adjustments to reconcile net loss to net
cash used in operating activities: |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |        |  
|                                               |                                                                             | Depreciation and amortization                        |                                          |                                           | 28,367  |                  |            |                    |  |             |         |        |  |      
|                                               |                                                                             | Gain on settlement of accounts payable               |                                          |                                           | (11,543 | )                |            |                    |  |             |         |        |  |      
|                                               |                                                                             | Loss on disposal of capital assets                   |                                          |                                           | 18,602  |                  |            |                    |  |             |         |        |  |      
|                                               |                                                                             | Preferred stock issued for services                  |                                          |                                           | 92,177  |                  |            |                    |  |             |         |        |  |      
|                                               |                                                                             | Accrued interest on note payable                     |                                          |                                           | 12,250  |                  |            |                    |  |             |         |        |  |      
|                                               |                                                                             | Accrued consulting fees due to related parties       |                                          |                                           | 66,500  |                  |            |                    |  |             |         |        |  |      
|                                               |                                                                             | Accrued salaries and benefits due to related parties |                                          |                                           | 31,015  |                  |            |                    |  |             |         |        |  |      
|                                               |                                                                             | Write-off of capital assets                          |                                          |                                           | 15,742  |                  |            |                    |  |             |         |        |  |      
|                                               |                                                                             | Changes in operating assets and liabilities:         |                                          |                                           |         |                  |            |                    |   |             |         |        |   |      
|                                               |                                                                             |                                                      | Accounts payable and accrued liabilities |                                           |         | 161,229          |            |                    |   | 74,456      |         |        |   | 2,000 |  
|                                               |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |       
|                                               |                                                                             |                                                      |                                          | Net cash used in operating activities     |         |                  | (1,658,438 | )                  |   |             | (69,357 | )      |   |       |  | 
|Cash flows from investing activities:          |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |       
|                                               | Acquisition of capital assets                                               |                                                      |                                          | (63,725                                   | )       |                  |            |                   |   |             |         |       |  
|                                               | Proceeds from disposal of capital assets                                    |                                                      |                                          | 664                                       |         |                  |            |                   |   |             |         |       |  
|                                               |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |       
|                                               |                                                                             |                                                      |                                          | Net cash used in investing activities     |         |                  | (63,061    | )                  |   |             |        |        |   |       |  | 
|Cash flows from financing activities:          |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |       
|                                               | Issuance of common and preferred stock                                      |                                                      |                                          | 1,064,350                                 |         |                  |            |                   |   |             |         |       |  
|                                               | Promissory note                                                             |                                                      |                                          | 7,000                                     |         |                  |            | 72,810             |   |             |         |       |  
|                                               | Convertible promissory note                                                 |                                                      |                                          | 46,100                                    |         |                  |            |                   |   |             |         |       |  
|                                               | Note payable                                                                |                                                      |                                          | 490,000                                   |         |                  |            |                   |   |             |         |       |  
|                                               | Due to related parties                                                      |                                                      |                                          | 121,944                                   |         |                  |            |                   |   |             |         |       |  
|                                               | Repurchase of common stock                                                  |                                                      |                                          | (3,429                                    | )       |                  |            |                   |   |             |         |       |  
|                                               |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |       
|                                               |                                                                             |                                                      |                                          | Net cash provided by financing activities |         |                  | 1,725,965  |                    |   |             | 72,810  |        |   |       |  | 
|                                               |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |       
|Cash and cash equivalents, beginning of period |                                                                             |                                                      |                                         |                                           |         |                  | 1,013      |                    |   |             |        |       
|                                               |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |       
|Cash and cash equivalents, end of period       |                                                                             | $                                                    | 4,466                                    |                                           |         | $                | 4,466      |                    |   | $           |        |       
|                                               |                                                                             |                                                      |                                          |                                           |         |                  |            |                    |   |             |         |       

See accompanying notes financial statements

5



---



##### Table of Contents



NOMADIC COLLABORATION INTERNATIONAL, INC.
(A Development Stage Company)




NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2003

1. HISTORY AND ORGANIZATION OF THE COMPANY

The Company (Nomadic) was incorporated on December 18, 1997 under the laws of
the State of Nevada. On April 8, 2002, the Company changed its name from DP
Charters, Inc. to Nomadic Collaboration International, Inc. During the year
ended December 31, 2002, the Company acquired all the issued and outstanding
capital stock of Omnitrix Technologies, Inc. (Omnitrix). The Company also
incorporated a wholly owned subsidiary, Nomadic Collaboration Corporation,
under the laws of the Province of British Columbia, Canada, which was disposed
of during the year for proceeds of $1 to a former director and officer of the
Company.

The consolidated Companys date of incorporation is considered to be July 28,
1999, the date of incorporation of Omnitrix and is considered a development
stage company

On January 10, 2003, the board of directors of the Company approved a 150:1
reverse stock split effective January 23, 2002. However, the reverse stock
split contravenes the Companys Articles of Incorporation. The Company
intends to amend the Articles to remove the contraventions and seek shareholder
consent for the amendments. The consolidated financial statements as of March
31, 2003 have been updated to reflect the reverse stock split.

On February 12, 2003 an Agreement and Plan of Merger was entered into by and
among the Company, LGC Acquisition Company (Acquisition Sub), a Delaware
corporation and wholly owned subsidiary of the Company, and LiquidGolf
Corporation, a Delaware Corporation (LiquidGolf). Pursuant to the Merger
Agreement, the Company agreed, among other things, to: (i) merge Acquisition
Sub into LiquidGolf with LiquidGolf the surviving corporation; (ii) exchange
one share of the Companys Common Stock for every three shares of LiquidGolf
common stock held by the LiquidGolf stockholders (with fractional shares paid
in cash at $2.00 per share); (iii) convert, on a one-for-one basis, warrants to
purchase LiquidGolf stock (the LiquidGolf Warrants) into warrants to purchase
Nomadic Common Stock at the purchase price and on substantially the same terms
set forth in the LiquidGolf Warrants; (iv) change the Companys name to
LiquidGolf Holding Corporation; (v) effect the January 10, 2003 reverse stock
split; and (vi) increase the authorized shares of the Companys Common Stock
from 666,666 to 100,000,000 shares.

On February 24, 2003 the Company issued a Confidential Private Offering
Memorandum offering for sale, only to persons who qualify as accredited
investors (as defined in this Memorandum), convertible promissory notes (the
Note(s)) at a minimum investment increment of $1,000, for a maximum aggregate
principal investment amount of $750,000. The Note shall have a term of 1 year
and bear interest at the rate of 8% per annum. Principal and Interest shall be
payable in full in a single payment upon maturity of the Note. The Notes shall
be convertible, at the option of the Company, into units (the Unit), by
dividing the total amount of principal plus accrued but unpaid interest of the
Note by the conversion price of $1.00. Each Unit shall consist of share one
(1) of common stock, par value $0.001 per share and one (1) warrant to purchase
one (1) share of Common Stock, at a purchase price of $1.50 per share. The
Warrants shall have a three (3) year term. Each share of Common Stock and
Warrant constituting a Unit will be immediately separable.

The Company will sell the Notes in this offering through the Companys officers
and through registered broker dealers. The Notes are being offered on a best
efforts basis. There are no minimum purchase requirements and no requirement
to place funds in an escrow, trust or similar account. Any funds raised from
this offering will be available to us immediately for use. The sale

6



---



##### Table of Contents



shall continue for up to 90 days after the date of this Memorandum or until the
Company has sold all of the Notes offered hereby or such earlier date as the
Company may terminate or close this offering. The Company may extend this
offering for an additional 30 days if the Company chooses to do so. As of May
12, 2003 the Company had sold 14 notes totaling $432,000.

2. GOING CONCERN

These consolidated financial statements have been prepared in conformity
with generally accepted accounting principles in the United States of
America with the on-going assumption that the Company will be able to realize
its assets and discharge its liabilities in the normal course of business
rather than through a process of forced liquidation. However, certain
conditions currently exist which raise substantial doubt about the Companys
ability to continue as a going concern. At March 31, 2003 the Company had a
working capital deficit of $420,894 and has accumulated deficit
of $2,072,867. These consolidated financial statements do not include any
adjustments to the amounts and classifications of assets and liabilities
that might be necessary should the Company be unable to continue as a going
concern.

The operations of the Company have primarily been funded by the issuance of
capital stock and debt. Continued operations of the Company are dependent on
the Companys ability to complete additional equity financings or generate
profitable operations in the future. Managements plan in this regard is to
secure additional funds through future equity financings. Such financings may
not be available or may not be available on reasonable terms.

3. SIGNIFICANT ACCOUNTING POLICIES

These consolidated financial statements have been prepared in conformity with
generally accepted accounting principles in the United States of America. The
significant accounting policies adopted by the Company are as follows:

Principles of consolidation.These consolidated financial statements include
the accounts of the Company, its wholly-owned subsidiary, Omnitrix and its
former wholly-owned subsidiary, Nomadic Collaboration Corporation up to its
date of disposal.

All significant inter-company balances and transactions have been eliminated
upon consolidation.

Use of estimates.The preparation of these consolidated financial statements
in conformity with generally accepted accounting principles in the United
States of America requires management to make estimates and assumptions that
affect the reported amount of assets and liabilities and the disclosure of
contingent assets and liabilities at the date of the consolidated
financial statements and the reported amount of revenues and expenses during
the reporting period. Actual results could differ from these estimates.

Foreign currency translation.Transaction amounts denominated in foreign
currencies are translated at exchange rates prevailing at transaction dates.
Carrying values of monetary assets and liabilities are adjusted at each
balance sheet date to reflect the exchange rate at that date. Non-monetary
assets and liabilities are translated at the exchange rate on the original
transaction date. Gains and losses from restatement of foreign currency
monetary and non-monetary assets and liabilities are included in the
consolidated statements of operations. Revenues and expenses are
translated at the rates of exchange prevailing on the dates such items are
recognized in the consolidated statements of operations.

7



---



##### Table of Contents



Cash and cash equivalents.Cash and cash equivalents include highly liquid
investments with original maturities of three months or less.

Software development.Computer software costs incurred in the preliminary
development stage are expensed as incurred.

Web-site acquisition and development costs.Web-site acquisition and
development costs incurred in the preliminary project stage are expensed as
incurred.

Loss per share. Basic loss per share is computed by dividing the loss
for the period attributable to common stockholders by the weighted average
number of shares of common stock outstanding during the period. Diluted loss
per share takes into consideration shares of common stock outstanding (computed
under basic loss per share) and potentially dilutive shares of common stock.
Diluted loss per share is not presented separately from loss per share as the
conversion of outstanding convertible promissory notes into common shares would
be anti-dilutive.

Income taxes. A deferred tax asset or liability is recorded for all temporary
differences between financial and tax reporting and net operating loss
carryforwards. Deferred tax expenses (benefits) result from the net change
during the period of deferred tax assets and liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the
opinion of management, it is more likely than not that some portion or all
of the deferred tax assets will not be realized. Deferred tax assets and
liabilities are adjusted for the effects of changes in tax laws and rates on
the date of enactment.

New accounting pronouncements

In June 2001, the Financial Accounting Standards Board (FASB) approved the
issuance of Statement of Financial Accounting Standards No. 142, Goodwill and
Other Intangible Assets (SFAS 142). SFAS 142 requires that goodwill no
longer be amortized to earnings, but instead be reviewed for impairment. The
statement is effective for fiscal years beginning after December 15, 2001, and
is required to be applied at the beginning of an entitys fiscal year and to be
applied to all goodwill and other intangible assets recognized in its financial
statements at that date. Impairment losses for goodwill and indefinite-lived
intangible assets that arise due to the initial application of this statement
(resulting from a transitional impairment test) are to be reported as resulting
from a change in accounting principle. Under an exception to the date at which
this statement becomes effective, goodwill and intangible assets acquired after
June 30, 2001, will be subject immediately to the non-amortization and
amortization provisions of this statement.

In July 2001, FASB issued Statements of Financial Accounting Standards No. 143,
Accounting for Asset Retirement Obligations (SFAS 143) that records the
fair value of the liability for closure and removal costs associated with the
legal obligations upon retirement or removal of any tangible long-lived assets.
The initial recognition of the liability will be capitalized as part of the
asset cost and depreciated over its estimated useful life. SFAS 143 is
required to be adopted effective January 1, 2003.

In October 2001, FASB issued Statements of Financial Accounting Standards No.
144, Accounting for the Impairment on Disposal of Long-lived Assets (SFAS
144), which supersedes Statements of Financial Accounting Standards No.
121, Accounting for the Impairment of Long-lived Assets and

8



---



##### Table of Contents



for Long-lived Assets to be Disposed of. SFAS 144 requires that
long-lived assets that are to be disposed of by sale be measured at the
lower of book value or fair value less cost to sell.

Additionally, SFAS 144 expands the scope of discontinued operations to
include all components of an entity with operations that (1) can be
distinguished from the rest of the entity and (2) will be eliminated from the
ongoing operations of the entity in a disposal transaction. SFAS 144
is effective for fiscal years beginning after December 15, 2001, and,
generally, its provisions are to be applied prospectively.

In April 2002, FASB issued Statements of Financial Accounting Standards No.
145, Rescission of FASB Statements No. 4, 44 and 64, Amendment of FASB
Statement No. 13, and Technical Corrections (SFAS 145). SFAS 145 eliminates
the requirement that gains and losses from the extinguishment of debt be
aggregated and, if material, classified as an extraordinary item, net of
the related income tax effect and eliminates an inconsistency between the
accounting for sale-leaseback transactions and certain lease modifications
that have economic effects that are similar to sale-leaseback transactions.
Generally, SFAS 145 is effective for transactions occurring after May 15, 2002.

In June 2002, FASB issued Statements of Financial Accounting Standards No. 146,
Accounting for Costs Associated with Exit or Disposal Activities (SFAS
146) that nullifies Emerging Issues Task Force No. 94-3, Liability
Recognition for Certain Employee Termination Benefits and Other Costs to
Exit an Activity (Including Certain Costs Incurred in a Restructuring)
(EITF 94-3). SFAS 146 requires that a liability for a cost associated
with an exit or disposal activity be recognized when the liability is
incurred, whereby EITF 94-3 had recognized the liability at the commitment
date to an exit plan. The provisions of this statement are effective for
exit or disposal activities that are initiated after December 31, 2002 with
earlier application encouraged.

In October 2002, FASB issued Statements of Financial Accounting Standards No.
147, Accounting of Certain Financial Institutions  an amendment of FASB
Statements No. 72 and 44 and FASB Interpretation No. 9 (SFAS 147). SFAS
147 requires the application of the purchase method of accounting to all
acquisitions of financial institutions, except transactions between two or more
mutual enterprises. SFAS 147 is effective for acquisitions for which the date
of acquisition is on or after October 1, 2002.

In December 2002, FASB issued Statements of Financial Accounting Standards No.
148, Accounting for Stock-Based Compensation  Transition and Disclosure  an
amendment of FASB Statement No. 123 (SFAS 148). SFAS 148 amends FASB
Statement No. 123 to provide alternative methods of transition for a voluntary
change to the fair value based method of accounting for stock-based employee
compensation. In addition, SFAS 148 amends the disclosure requirements of FASB
Statement No. 123 to require prominent disclosures in both annual and interim
financial statements about the method of accounting for stock-based employee
compensation and the effect of the method used on reported results. SFAS 148
is effective for fiscal years beginning after December 15, 2002.

The adoption of these new pronouncements is not expected to have a material
effect on the Companys consolidated financial position or results of
operations.

4. RECAPITALIZATION

On April 8, 2002, the Company acquired all of the issued and outstanding
capital stock of Omnitrix. As consideration, the Company issued 10,000,000
common shares to the former shareholders of Omnitrix.

9



---



##### Table of Contents



Legally, the Company is the parent of Omnitrix. However, control of the
combined companies passed to the former shareholders of Omnitrix. This type of
share exchange has been accounted for as a recapitalization of the Company. In
accounting for this transaction:



| | i)  |  | Omnitrix is deemed to be the purchaser and parent
company for accounting purposes. Accordingly, its net assets are
included in the balance sheet at book values.                                                                                                                                                                                                                                                                                
| | --- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | ii) |  | The deemed acquisition of the Company is accounted for by the
purchase method with the net assets of the Company recorded at fair
value at the date of acquisition. At the date of acquisition, the
Companys net assets were negative. Accordingly, the
acquisition of the Company will be accounted for based on the fair
value of the net liabilities of the Company at the date of
acquisition. The net liabilities acquired are as follows:

|                                         |  |   |        |  
|---------------------------------------- |  | - | ------ | -
|Accounts payable and accrued liabilities |  | $ | (3,375 | )
|                                         |  |   |        |  
|Net liabilities acquired                 |  | $ | (3,375 | )
|                                         |  |   |        |  



| | iii) |  | The consolidated statements of operations, stockholders
equity (deficiency) and cash flows include Omnitrixs results of
operations and cash flows from July 28, 1999 (date of
incorporation) and the Companys results of operations and cash
flows from April 8, 2002 (date of acquisition). The issued number
of shares of common stock is that of the Company (the legal parent).
| | ---- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

5. RELATED PARTY TRANSACTIONS

Promissory Notes. In October 2002, the Company issued a promissory note to
PanAmerica for proceeds of $7,000. At the time of issuance, PanAmerica was
a principal stockholder of the Company. The note is unsecured, bears interest
at 8% per annum and is due on demand.

From January 2003 through March 2003, the Company was advanced $72,810 from
PanAmerica Capital Group, Inc. pursuant to a promissory note payable. The
note payable is non-interest bearing, is due on demand and is unsecured.

Convertible promissory note. In November 2002, the Company issued a
convertible promissory note to PanAmerica for proceeds of $46,100. At the
time of issuance, PanAmerica was a principal stockholder of the Company. The
note is unsecured, bears interest at 8% per annum and is due one year from the
date of issuance. In addition, the note is convertible at the option of the
holder, in whole or in part, into common shares of the Company at a conversion
price of the lesser of $0.04 per share or the lowest closing bid price of the
Companys stock during the 20 days preceding the holders notice of conversion
to the Company.

Other.The Company entered into a settlement agreement dated October 31, 2002
with a former director of the Company. Under the agreement, the Company will
issue the former director 1,750,000 common shares (11,667 post reverse stock
split) at a price of $0.04 per share to settle $70,015 owing to the former
director. As of March 31, 2003, the Company has yet to issue the shares to
settle the amounts owing.

During the three months ended March 31, 2003 and 2002, the Company entered into
the following transactions with related parties:

10



---



##### Table of Contents





| | a) |  | Paid consulting fees of $15,000 (2002  $0) to a company
controlled by a former director of the Company.                                                                                                                      
| | -- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | b) |  | From January 2003 through March 2003, the Company was
advanced $72,810 from PanAmerica Capital Group, Inc. pursuant to a
promissory note payable. The note payable is non-interest
bearing, is due on demand and is unsecured.

6. CAPITAL STOCK

In August 1999, Omnitrix issued 5,000,000 shares of common stock at a price of
$0.001 per share for proceeds of $5,000.

In August 2000, Omnitrix issued 850,000 shares of common stock at a price of
$0.001 per share for proceeds of $850.

In September 2000, in conjunction with the issuance of 1,039,187 Series A
shares of preferred stock by Omnitrix, stockholders of Omnitrix returned
5,800,000 shares of common stock to treasury for cancellation in exchange
for the issuance of 4,850,000 new shares of common stock which are subject to
vesting requirements. The common shares vest to the stockholders at a rate of
1/48th monthly. Omnitrix has the option to repurchase unvested common shares
from the stockholders in the event of termination of employment or association
of the stockholders with Omnitrix.

In September 2000, Omnitrix issued 1,039,187 Series A shares of preferred stock
for proceeds of $1,058,500.

In April 2001, Omnitrix issued 89,876 Series A shares of preferred stock in the
amount of $92,177 as consideration for software development services.

In April 2001, Omnitrix repurchased 3,429,166 unvested shares of common
stock for $3,429 which were then cancelled.

In August 2001, 10,000 shares of common stock of Omnitrix were returned to
treasury and cancelled.

In April 2002, the Company issued 10,000,000 shares of common stock to
acquire all of the issued and outstanding capital stock of Omnitrix.

In September 2002, the Company issued 12,556,250 shares of common stock at a
price of $0.40 per share on the conversion of a promissory note in the amount
of $502,250.

Reverse stock split

On January 10, 2003, the board of directors of the Company approved a 150:1
reverse stock split, effective January 23, 2003. In conjunction with the
reverse stock split, the authorized capital stock decreased from 100,000,000 to
666,666 shares of common stock. The par value of the Companys common stock
remains unchanged at $0.001.

However, the reverse stock split contravenes the Companys Articles of
Incorporation. The Company intends to amend the Articles to remove the
contraventions and seek shareholder consents for the amendments as well as to
increase the Companys authorized capital stock from 666,666 to

11



---



##### Table of Contents



100,000,000 shares of common stock. The consolidated financial statements have
been updated to reflect the reverse stock split.

As a result of the reverse stock split, the Companys issued share capital has
decreased from 33,002,348 shares to 220,036 shares of common stock.

Common shares

The common shares of the Company are all of the same class, are voting and
entitle shareholders to receive dividends. In the event of a liquidation,
dissolution or winding up, the common shareholders are entitled to receive
equally distributions of net assets or any dividends which may be declared.

Additional paid-in capital

The excess of proceeds received for shares of common stock issued by the
Company over their par value of $0.001, less share issue costs, is credited to
additional paid-in capital.

7. FINANCIAL INSTRUMENTS

The Companys financial instruments consist of cash and cash equivalents,
accounts payable, accrued liabilities, promissory notes, and convertible
promissory note. Unless otherwise noted, it is managements opinion that the
Company is not exposed to significant interest, currency or credit risks
arising from these financial instruments. The fair value of these financial
instruments approximate their carrying value, unless otherwise noted.

8. SEGMENTED INFORMATION

The Companys operations were conducted
in one reportable segment, being the
development of mobile applications to improve customer productivity and
responsiveness through the use of the latest mobile and collaborative
technologies, primarily in the United States of America.

12



---



##### Table of Contents






Item 2. Managements Discussion and Analysis of Financial Condition and Results of Operation.

FORWARD-LOOKING STATEMENTS

This quarterly report contains forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995. These
statements relate to future events or our future financial performance. In some
cases, you can identify forward-looking statements by terminology such as
may, will, should, expects, plans, anticipates, believes,
estimates, predicts, potential or continue or the negative of these
terms or other comparable terminology. These statements are only predictions
and involve known and unknown risks, uncertainties and other factors, including
the risks in the section entitled Risk Factors, that may cause our or our
industrys actual results, levels of activity, performance or achievements to
be materially different from any future results, levels of activity,
performance or achievements expressed or implied by these forward-looking
statements. Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. Except as required by
applicable law, including the securities laws of the United States, we do not
intend to update any of the forward-looking statements to conform these
statements to actual results.

As used in this quarterly report, the terms we, us, our, and Nomadic
mean Nomadic Collaboration International, Inc. and our subsidiaries, unless
otherwise indicated.

All dollar amounts refer to US dollars unless otherwise indicated.

Overview

We were incorporated in the state of Nevada on December 18, 1997 as DP
Charters, Inc. and operated under that name until April 8, 2002. On April 8,
2002, we completed the acquisition of all of the shares of Omnitrix
Technologies Inc. (Omnitrix), a Delaware company, pursuant to an Agreement
and Plan of Reorganization, dated February 22, 2002 between our company,
Omnitrix and the shareholders of Omnitrix. As a result of the merger with
Omnitrix, the companys capital was significantly changed such that the Company
changed its incorporation date to July 28,1999 (the original incorporation
date of Omnitrix). In addition the Company changed its name to Nomadic
Collaboration International, Inc. Omnitrix is in the business of developing
software products designed to enable access to information on a wide variety of
mobile devices and over a broad range of wireless networks. Under the terms of
the Agreement and Plan of Reorganization, we acquired all of the issued and
outstanding shares of common stock of Omnitrix in exchange for an aggregate of
10,000,000 shares of our common stock, which were issued to the stockholders of
Omnitrix on a pro-rata basis based on their pre-acquisition holdings of the
common and preferred stock of Omnitrix. In conjunction with the acquisition,
1,129,063 preferred shares of Omnitrix stock were exchanged for 8,529,166 of
the Companys common stock and 1,470,834 common shares of Omnitrix were
exchanged for an equal number of our common shares.

Merger Agreement

On February 12, 2003, the Company (Nomadic), LGC Acquisition Company, a
wholly-owned subsidiary of Nomadic (LGC Acquisition) and LiquidGolf
Corporation (LiquidGolf) entered into a definitive agreement and plan of
merger (the Merger Agreement) providing for the merger of LGC Acquisition
into LiquidGolf Corporation, with LiquidGolf becoming a wholly-owned subsidiary
of Nomadic.

Under the terms of the Merger Agreement, the Company will issue one share of
common stock for every three shares of LiquidGolf stock currently outstanding.
Warrants to purchase LiquidGolf capital stock will be converted at closing into
warrants to purchase the Company common stock on a one-for-one basis. At
February 12, 2003, LiquidGolf had outstanding 17,353,131 shares of capital
stock and

13



---



##### Table of Contents



warrants to purchase 2,540,000 shares of capital stock (the LiquidGolf
Warrants). The Company will issue approximately 5,784,377 shares of common
stock to LiquidGolf stockholders under the Merger Agreement, and will reserve
for issuance approximately 2,540,000 shares of the Company common stock
issuable upon exercise of the the Company warrants issued in exchange for the
LiquidGolf Warrants. Of the LiquidGolf Warrants, 1,220,000 have an exercise
price of $1.00 per share, 1,220, 000 have an exercise price of $1.00 per share,
31,250 have and exercise price of $16.00 per share, 31,250 have an exercise
price of $12.00 per share and 37,500 have an exercise price of $8.00 per share.

On February 24, 2003 the Company issued a Confidential Private Offering
Memorandum offering for sale, only to persons who qualify as accredited
investors (as defined in this Memorandum), convertible promissory notes (the
Note(s)) at a minimum investment increment of $1,000, for a maximum aggregate
principal investment amount of $750,000. The Note shall have a term of 1 year
and bear interest at the rate of 8% per annum. Principal and Interest shall be
payable in full in a single payment upon maturity of the Note. The Notes shall
be convertible, at the option of the Company, into units (the Unit), by
dividing the total amount of principal plus accrued but unpaid interest of the
Note by the conversion price of $1.00. Each Unit shall consist of share one
(1) of common stock, par value $0.001 per share and one (1) warrant to purchase
one (1) share of Common Stock, at a purchase price of $1.50 per share. The
Warrants shall have a three (3) year term. Each share of Common Stock and
Warrant constituting a Unit will be immediately separable.

The Company will sell the Notes in this offering through the Companys officers
and through registered broker dealers. The Notes are being offered on a best
efforts basis. There are no minimum purchase requirements and no requirement
to place funds in an escrow, trust or similar account. Any funds raised from
this offering will be available to us immediately for use. The sale shall
continue for up to 90 days after the date of this Memorandum or until the
Company has sold all of the Notes offered hereby or such earlier date as the
Company may terminate or close this offering. The Company may extend this
offering for an additional 30 days if the Company choose to do so. The Company
may not be successful in selling all or any part of this offering. As of March
31, 2003, the Company had not received any funds or a commitment for any funds
from this private placement memorandum.

The Company incurred fees for Professional services and consulting services of
$102,349, for the three months ending March 31, 2003 as compared to $0 in the
three month period ending March 31, 2002. These fees were incurred by the
Company in relation to the plan of merger with LiquidGolf and the preparation
of the Confidential Private Offering Memorandum dated February 24, 2003.

The following discussion of our financial condition, changes in financial
condition and results of operations for the three months ended March 31, 2003
and 2002 should be read in conjunction with our most recent audited financial
statements, which form part of our annual report on Form 10-KSB filed on
February 10, 2003, the unaudited interim financial statements forming part of
this quarterly report, and, in each case, the notes thereto.

Cash Requirements

The Company presently has virtually no capital resources. The Company has
received short term capital resources from PanAmerica Capital Group
(PanAmerica), from whom the Company anticipates bridge financing will be
available until additional financing is received or until a liquid operating
business is identified and a business combination or acquisition is effected by
the Company. Management has reduced the cash requirements of general operations
to less than $50,000 per quarter, however, its objective of generating revenues
and positive cash flow will be delayed until management can raise sufficient
capital resources for its operating plan, or consummate a business combination
or acquisition of a cash generating business. However, there can be no
assurances that additional financing will be received.

14



---



##### Table of Contents



The Company has a working capital deficiency of $420,894 as of March 31, 2003.
To improve cash flow, the Company has discontinued and/or postponed paying
related parties for services rendered to the Company. These measures cannot be
sustained indefinitely and management as a result has increased its efforts to
locate new funding and a suitable merger or acquisition partner as a means of
ending its present working capital deficiency.

Over the twelve-month period ending March 31, 2004, we anticipate that we will
need to raise between $1 million to $2 million to meet our expected operating
requirements. Management believes any short-term funds raised would be raised
through the sale of our equity securities and/or debt financing. Over the past
twelve months the company has been financed with short-term borrowings from
PanAmerica Capital Group, Inc. We believe that PanAmerica will continue to
provide short-term funding until the Company completes the plan of merger with
LiquidGolf, at which time we believe the Company will have a higher likelihood
of obtaining the $1 million to $2 million additional financing required for its
next year of operations. There are no arrangements or commitments between the
Company and PanAmerica with respect to additional funding and there can be no
assurances PanAmerica will provide additional funding to the Company on
acceptable terms, if at all.

On November 6, 2002, the Company executed a convertible promissory note in
favor of PanAmerica in the principal amount of $46,100 payable in full on
November 6, 2003. The note bears interest at 8% per annum and is convertible
into common sock of the Company upon the terms and conditions set forth
therein. Proceeds from the note may only be used to satisfy certain
obligations of the Company as approved by PanAmerica.

In addition to the convertible promissory note, from January 2003 through March
2003 the Company was advanced $72,810 by PanAmerica pursuant to a non
convertible promissory note payable. The note payable is non-interest
bearning, is due on demand and is unsecured.

Revenues from operations

During the three months ending March 31, 2003 and 2002, we had no revenues.

Purchase of Significant Equipment

The company has not invested any money in capital equipment over the past three
months. We do not intend to purchase any significant equipment over the twelve
months ending March 31, 2004.

Employees

We currently have retained 1 independent contractor and no employees. Currently
there are no plans to retain additional contractors or hire additional
employees until we consummate a business combination or acquisition with
existing employees, or until new capital resources are located for the
Companys operating plan. Any plans to retain contractors or hire additional
employees during the twelve-month period ending March 31, 2004 will be
dependent on the completion of the plan of merger with LiquidGolf.

Other results of operations

In July 2002 we discontinued the service contracts of three consultants in the
areas of sales & marketing, operations, and financing. In mid August 2002 we
also received the resignation of Roger Warren, our Chief Technology Officer.
Even though these resources continue to be available to the Company on an as
needed basis, and Roger Warren continues to be a director of the Company, we

15



---



##### Table of Contents



have reduced operating costs by the amount of $26,000 per month as a result of
the reductions in operating costs.

In July 2002 we also relocated the Companys operations to a shared office
facility in Vancouver, Canada, and we discontinued rental arrangements at our
San Jose location. As a result of this relocation, our operating cost for rent,
telephone, office and miscellaneous expenses have been cut by two thirds to
approximately $3,000 per month.

Effective November 26, 2002, we underwent a change in control through a change
in the composition of our Board of Directors and the management of the Company.
On November 25, 2002, Mr. Raymond Polman resigned as the Chief Executive
Officer of the Company and the Board of Directors appointed Ricardo Garcia de
Paredes Carbone as a director and Chief Executive Officer of the Company. On
November 26, 2002, Mr. Polman resigned as a director and Chief Financial
Officer of the Company and Mr. Peter Dunfield resigned as a director of the
Company.

The remaining sole officer and director of the Company, Ricardo Garcia De
Paredes Carbone, is an employee of PanAmerica Capital Group, Inc., a principal
stockholder of the Company. To our knowledge, the resignations of Messrs.
Polman and Dunfield were not prompted by any arrangements or understandings
with PanAmerica, or its associates, or by any disagreement with the Company on
any matter relating to the Companys operations, policies or practices.

The Company does not consider any specific accounting policies to be critical
to the economic success of the entity.

Risk Factors

Much of the information included in this quarterly report includes or is based
upon estimates, projections or other forward looking statements. Such forward
looking statements include any projections or estimates made by us and our
management in connection with our business operations. While these
forward-looking statements, and any assumptions upon which they are based, are
made in good faith and reflect our current judgment regarding the direction of
our business, actual results will almost always vary, sometimes materially,
from any estimates, predictions, projections, assumptions or other future
performance suggested herein.

Such estimates, projections or other forward looking statements involve
various risks and uncertainties including those outlined below. We caution the
reader that important factors in some cases have affected and, in the future,
could materially affect actual results and cause actual results to differ
materially from the results expressed in any such estimates, projections or
other forward looking statements.

THE COMPANY HAS CERTAIN CONFLICT OF INTEREST BETWEEN ITS MAJORITY
STOCKHOLDERS. Upon completion of the plan of merger with LiquidGolf and
pursuant to the merger agreement, the Company expects to enter into an
investment banking agreement with PanAmerica Capital Group, Inc. to assist the
Company with all of its financial activities, including without limitation,
capital raising and mergers and acquisitions. The term of the investment
banking agreement is expected to be two years and PanAmerica will receive
1,800,000 shares of the Companys common stock. At February 12, 2003,
PanAmerica beneficially owned or had the right to acquire, an aggregate of
92,460 shares of the Companys common stock, or approximately 41% of the
Companys outstanding shares of common stock.

THE MERGER WITH LIQUIDGOLF MAY NOT CLOSE. The Company and LiquidGolf have
executed an agreement and plan of merger. If the merger agreement is not
closed and the transactions

16



---



##### Table of Contents



contemplated thereby not consummated then Nomadic will not have an operating
business. In the absence of an operating business, it is extremely unlikely
that Nomadic will be able to raise additional funds with which to acquire such
a business or continue to operate as a publicly reporting corporation. The
price at which Nomadic Common Stock is traded on the OTCBB could fall
dramatically. Additionally, Nomadic could run out of funds to maintain the
existing business in its current form.

THE COMPANY HAS NEED FOR ADDITIONAL FINANCING TO FUND ITS BUSINESS PLAN AND
OPERATIONS. The Company has very limited funds, and such funds, may not be
adequate to take advantage of any available business opportunities. Even
if the Companys currently available funds prove to be sufficient to pay
for its operations until it is able to complete the plan of merger with
LiquidGolf, such funds will clearly not be sufficient to enable it to
implement its business plan. Thus, the ultimate success of the Company
will depend, in part, upon its availability to raise additional capital.
There is no assurance that additional capital will be available from any
source or, if available, that it can be obtained on terms acceptable to the
Company. If not available, the Companys operations will be limited to those
that can be financed with its modest capital.




Item 3  Controls and Procedures

Based on his most recent evaluation, which was completed within 90 days of the
filing of this Form 10-QSB, the Companys Chief Executive Officer and Chief
Financial Officer believes the Companys disclosure controls and procedures (as
defined in Exchange Act Rules 13a-14 and 15d-14) are effective. There were not
any significant changes in the Companys internal controls or in other factors
that could significantly affect these controls subsequent to the date of their
evaluation, including any corrective actions with regard to significant
deficiencies and material weaknesses. The Company is presently unable to
provide segregation of duties within the Company as a means of internal
control. As a result the Company is presently relying on assistance from its
board of directors in providing short-term review procedures until such time as
additional funding is provided to hire additional executives to segregate
duties within the Company.

17



---



##### Table of Contents






PART II  OTHER INFORMATION




Item 1. Legal Proceedings.

The Company is not a party to any pending legal proceedings nor is any of
its property subject to pending legal proceedings.




Item 2. Changes in Securities and Use of Proceeds.

We issued 12,556,250 unregistered shares of common stock under Regulation S to
PanAmerica during the quarter ended September 30, 2002 on the conversion and
cancellation of a convertible promissory note in the principal amount $502,250
held by one investor, PanAmerica. The transaction was completed pursuant to
Regulation S as promulgated under the Securities Act of 1933. The investment
from PanAmerica is solely for investment purposes only.

From December 2001 through May 2002 we were advanced funds amounting to
$490,000 from PanAmerica, an investor located in Panama City, Republic of
Panama, as evidenced by a promissory note bearing simple interest of 10%. On
September 12, 2002 we issued a convertible promissory note for $502,250 to
replace the earlier promissory note of $490,000 which had accrued interest of
$12,250 as of that date. The convertible promissory note includes a right to be
converted into shares of common stock of the company at a price of $0.04 per
share, being the average market trading price of our common stock for the week
prior to the issuance of the convertible promissory note. On September 27,
2002, PanAmerica exercised its right to convert the note into 12,556,250 shares
of common stock in our company. With this additional share issuance our issued
and outstanding share capital increased to 33,002,348 shares of common stock
outstanding as of September 27, 2002, with PanAmerica owning 38% of the issued
and outstanding shares of the common stock.




Item 3. Defaults Upon Senior Securities.

Not Applicable.




Item 4. Submission of Matters to a Vote of Security Holders.

Not Applicable.




Item 5. Other Information.

Not Applicable.




Item 6. Exhibits and Reports on Form 8-K.



| | (a) |  | Certification pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002  Ricardo
Garcia de Paredes Carbone, President
| | --- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | We filed reports on Form 8-K on February 12, 2003, announcing
the Plan of Merger with LiquidGolf Corporation.                                                        
|
| | (c) |  | We filed reports on Form 8-K on April 4, 2003, announcing a
change in Auditors.                                                                                      

18



---



##### Table of Contents






SIGNATURES

In accordance with the requirements of the Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

|                   |  |                                           |  |                                             
|------------------ |  | ----------------------------------------- |  | --------------------------------------------
|Date: May 14, 2003 |  | NOMADIC COLLABORATION INTERNATIONAL, INC.
|                   |  |                                           |  |                                             
|                   |  | By:                                       |  | /s/ Ricardo Garcia de Paredes Carbone       
|                   |  |                                           |  |                                             
|                   |  |                                           |  | Ricardo Garcia de Paredes Carbone, President

19



---



##### Table of Contents






Certifications

I, Ricardo Garcia de Paredes Carbone, President, certify that:

1.     I have reviewed this quarterly report on Form 10-QSB of Nomadic
Collaboration International, Inc.;

2.     Based on my knowledge, this quarterly report does not contain any
untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by this
quarterly report;

3.     Based on my knowledge, the consolidated financial statements, and other
financial information included in this quarterly report, fairly present in all
material respects the consolidated financial condition, results of operations
and cash flows of Nomadic Collaboration International, Inc., as of, and for,
the periods presented in this quarterly report.

4.     I am responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
registrant and have:

a) Designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this quarterly report is being prepared.

b) Evaluated the effectiveness of the registrants disclosure controls and
procedures as of a date within 90 days prior to the filing date of this
quarterly report (the Evaluation Date); and

c) Presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our
evaluation as of the Evaluation Date;

5.     I have disclosed, based on our most recent evaluation, to the
registrants auditors and the audit committee of registrants board of
directors(or persons performing the equivalent functions):

a) All significant deficiencies in the design or operation of internal
controls which could adversely affect the registrants ability to record,
process, summarize and report financial data and have identified for the
registrants auditors any material weaknesses in internal controls; and

b) Any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrants internal
controls; and

c) I have indicated in this quarterly report whether or not there were
significant changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of our most
recent evaluation, including any corrective actions with regard to significant
deficiencies and material weaknesses.

|                                                                                              |  | 
|--------------------------------------------------------------------------------------------- |  | 
|Date: May 14, 2003                                                                            |  | 
|                                                                                              |  | 
|/s/ Ricardo Garcia de Paredes Carbone                                                         |  | 
|                                                                                              |  | 
|President, Chief Executive Officer,
Chief Financial Officer, and
Principal Accounting Officer |  | 

20