SECURITIES  AND  EXCHANGE  COMMISSION
                             WASHINGTON,  D.C.  20549

                                   FORM  10-QSB

(Mark  One)

[X]   Quarterly  report under Section 13 or 15(d) of the Securities Exchange Act
      of  1934  for  the  quarterly  period  ended:  March  31,  2000

[  ]   Transition  report  under Section 13 or 15(d) of the  Securities Exchange
      Act  of  1934 for the  transition  period  from  _________  to  __________

                           Commission  File  No.  0-28833


                                NetWeb  OnLine.Com  Inc.
                          ----------------------------
        (Exact  Name  of  Small  Business  Issuer  as  Specified in Its Charter)

               Texas                             75-2767933
     -------------------------------           -----------------
     (State  or  Other  Jurisdiction  of           (I.R.S.  Employer
     Incorporation  or  Organization)         Identification  No.)

     3350  N.W.  2nd  Avenue,  Suite  A28,  Boca  Raton,  FL  33431
     --------------------------------------------------------------
               (Address  of  Principal  Executive  Offices)

                               (561)-289-5175
                           -----------------------
              (Issuer's  Telephone  Number,  Including  Area  Code)


Check  whether the issuer: (1) filed all reports required to be filed by Section
13  or  15(d) of the Exchange Act during the past 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  past  90  days.

Yes  X   No
    ---      ---

     (The  Company  became  subject to the reporting requirements on January 20,
2000)


                      APPLICABLE  ONLY  TO  CORPORATE  ISSUERS

     As  of  April  30,  2000,  the  issuer  had  4,647,447 shares of its common
stock,  par  value  $0.001  per  share, issued and outstanding.  As of April 30,
2000, 762,703  shares  of  Series I Preferred Stock were issued and outstanding.
Each share of Series I Preferred Stock is convertible at any time from and after
12  months  after  issuance into three (3) shares of the Company's Common Stock.
As  of  April  30,  2000,  200,000  shares of the Company's Series II Redeemable
Preferred Stock were issued and outstanding.  The Series II Redeemable Preferred
Stock  is  redeemable by the Company at the option of the Board of Directors, at
$1.50  per  share.

Transitional  Small  Business  Disclosure  Format  (check  one):

Yes       No  X
    ---      ---


                                        1
<PAGE>






                              NETWEB  ONLINE.COM  INC
                              INDEX  TO  FORM  10-QSB


PART  I  -  FINANCIAL  INFORMATION                               PAGE  NO.

Item  1     Financial  statements                                p.  3

Item  2     Management's  discussion  and  analysis  or  plan
            of  operation                                        p.  4

PART  II  -  OTHER  INFORMATION                                  p.  4

Item  1     Legal  proceedings                                   p.  5

Item  2     Changes  in  Securities  and  use  of  proceeds      p.  5

Item  3     Defaults  upon  senior  securities                   p.  5

Item  4     Submission  of  matters  to  a  vote  of
            security  holders                                    p.  5

Item  5     Other  events                                        p.  6

Item  6(a)  Exhibits                                             p.  6

Item  6(b)  Reports  on  Form  8-K                               p.  6

Signatures                                                       p.  7

                                        2
<PAGE>

                                     PART  I
                              FINANCIAL  INFORMATION

Item  1.  Financial  Statements.

                                        3
<PAGE>
















































                             NETWEB ONLINE.COM, INC.
                              FINANCIAL STATEMENTS
                         SIX MONTHS ENDED MARCH 31, 2000


                                TABLE OF CONTENTS


                                                                 Page  No.
                                                                 ---------


Independent  Accountants'  Review  Report                         F-2

Balance  Sheets  -  March  31,  2000  (Unaudited)  and
   September  30,  1999  (Audited)                                F-3

Statements  of  Operations  -  For  the  Three  Months  Ended
     March  31,  2000  and  1999  (Unaudited)                     F-5

Statement  of  Changes  in  Stockholders'  Equity  -
    For  the  Six  Months  Ended  March  31,  2000
    (Unaudited)                                                   F-6

Statement  of  Cash  Flows  -  For  the  Six  Months
    Ended  March  31,  2000  (Unaudited)                          F-7

Notes  to  Financial  Statements                                  F-8

                                      F-1
<PAGE>

                     INDEPENDENT ACCOUNTANTS' REVIEW REPORT



To  the  Board  of  Directors  and  Stockholders
of  NetWeb  Online.Com,  Inc.
Boca Raton,  Florida

We  have  reviewed the accompanying balance sheet of NetWeb Online.Com, Inc., as
of  March  31,  2000,  and  the  related  statements  of  operations, changes in
stockholders'  equity,  and  cash  flows  for  the  three  months then ended, in
accordance  with  Statements  on  Standards  for  Accounting and Review Services
issued  by  the  American  Institute  of  Certified  Public  Accountants.  All
information  included in these financial statements is the representation of the
management  of  NetWeb  Online.Com,  Inc.

A  review  of interim financial information consists principally of inquiries of
company  personnel  and  analytical procedures applied to financial data.  It is
substantially  less in scope than an audit in accordance with generally accepted
auditing  standards,  the  objective  of  which  is the expression of an opinion
regarding  the  financial  statements  taken as a whole.  Accordingly, we do not
express  such  an  opinion.

Based  on our review, we are not aware of any material modifications that should
be  made  to  the  accompanying March 31, 2000 financial statements in order for
them  to  be  in  conformity  with  generally  accepted  accounting  principles.

The  financial  statements for the year ended September 30, 1999 were audited by
other  auditors,  and they expressed an unqualified opinion with a going concern
paragraph  in  their  report dated December 29, 1999.  We have not performed any
auditing  procedures  since  that  date.



SEWELL  AND  COMPANY,  PA

Hollywood,  Florida
April  26,  2000

                                      F-2
<PAGE>













<TABLE>
<CAPTION>
                              NETWEB ONLINE.COM INC.
                                  BALANCE SHEETS
            MARCH 31, 2000 (UNAUDITED) AND SEPTEMBER 30, 1999 (AUDITED)

                                                       MARCH 31,   SEPTEMBER 30,
                                                         2000           1999
                                                      (UNAUDITED)      (AUDITED)
----------------------------------------------------  -----------
<S>                                                   <C>          <C>
ASSETS

Current Assets
   Cash                                               $    55,992  $          883
   Note receivable related parties                         20,350           1,250
   Inventory                                               46,193          51,830
   Deferred advertising cost                              181,791         181,791
   Prepaid expenses                                         8,000           2,189
                                                      -----------  --------------
Total Current Assets                                      312,326         237,943

Intangible assets
   Trademark and web sites net of amortization of
       $3,084 and $0.                                      89,979               -
   Patents net of amortization of $8,740 and $5,605        69,268          61,656
                                                      -----------  --------------
                                                          159,247          61,656
Other assets
   Investments                                              4,750               -
   Other assets                                             2,500               -
                                                      -----------  --------------

                                                      $   478,823  $      299,599
                                                      ===========  ==============
</TABLE>
                                      F-3
<PAGE>
<TABLE>
<CAPTION>

<S>                                                        <C>          <C>
LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities
   Accounts payable                                        $   12,815   $        7,326
   Current portion of note payable related parties             40,000           40,000
                                                           -----------  ---------------
Total current liabilities                                      52,815           47,326

Long term liabilities
   Note payable related parties                                35,000           35,000
   Accrued interest                                                 -                -
                                                           -----------  ---------------
                                                               35,000           35,000

Redeemable Preferred stock                                    200,000          200,000

Shareholders' equity
   Common stock, $0.001 par value 30 million shares
     authorized, 4,647,447 and 4,064,447 issued and
     outstanding respectively                                   4,647            4,058
   Preferred stock, $0.001 par value, 5 million shares
     authorized:
         Series I convertible, 762,703 and 28,966 issued
         and outstanding respectively                             763               29
   Additional paid in capital                               1,045,387          921,487
   Less: subscriptions receivable                            (519,510)        (634,000)
   Retained deficit                                          (340,279)        (274,301)
                                                           -----------  ---------------
                                                              191,008           17,273
                                                           -----------  ---------------

                                                           $  478,823   $      299,599
                                                           ===========  ===============
</TABLE>
                                      F-4
<PAGE>









<TABLE>
<CAPTION>

                             NETWEB ONLINE.COM, INC.
                            STATEMENTS OF OPERATIONS
          FOR THE THREE MONTHS ENDED MARCH 31, 2000 AND 1999 (UNAUDITED)

                                          MARCH 31,     MARCH 31,
                                             2000         1999
                                         (UNAUDITED)   (UNAUDITED)
                                         ------------  ------------
<S>                                      <C>           <C>
Revenue

   Sales, net of discounts and returns   $    14,225   $        -

   Cost of Goods Sold                         (6,277)           -
                                         ------------  -----------

Gross Profit                                   7,948            -

Expenses
   Accounting and legal                       30,129            -
   General and administrative                 13,106       36,252
   Consulting                                  9,917
   Royalties                                   8,124            -
   Amortization                                4,818
                                         ------------
                                              66,094       36,252
Other income/expenses
   Interest expense                            2,812            -
                                         ------------  -----------
Net Loss                                 $   (60,958)  $  (36,252)
                                         ============  ===========

Net Loss Per Common Share                $    (0.014)  $   (0.011)
</TABLE>
                                      F-5
<PAGE>
















































<TABLE>
<CAPTION>

                                                  NETWEB ONLINE.COM, INC.
                                       STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
                                   FOR THE SIX MONTHS ENDED MARCH 31, 2000 (UNAUDDITED)


                                           COMMON STOCK    PREFERRED STOCK    PAID IN    RETAINED     NOTES
                                              SHARES           AMOUNT         SHARES      AMOUNT     CAPITAL     DEFICIT
                                           -------------  -----------------  ---------  ----------  ----------  ----------
<S>                                        <C>            <C>                <C>        <C>         <C>         <C>
Balance September 30, 1999                    4,058,447   $          4,058    228,966   $     229   $1,121,287  $(274,301)

Reclassify Redeemable Preferred stock          (200,000)              (200)  (199,800)   (200,000)
                                           -------------  -----------------  ---------  ----------
                                              4,058,447              4,058     28,966   $      29   $  921,487  $(274,301)

Shares issued in exchange for shares of
   NetWeb Online.Com, Inc., December
                                               15, 1999          2,310,000      2,310     700,000          700     54,740

Shares retired in connection with the
   acquisition of NetWeb Online.Com, Inc.
   December 15, 1999                         (1,721,000)            (1,721)     1,721           -

Shares issued in connection with the
   purchase (90% interest) of the web site
   E-Trade Golf.Com, December 6, 1999            33,737                 34     67,439      67,473

Payments received on notes receivable           114,490            114,490

Net loss six months ended March 31, 2000        (65,978)           (65,978)


Balance March 31, 2000                        4,647,447   $          4,647    762,703   $     763   $1,045,387  $(340,279)
                                           =============  =================  =========  ==========  ==========  ==========


                                            RECEIVABLE    TOTAL
                                           ------------  --------
<S>                                        <C>           <C>
Balance September 30, 1999                 $  (634,000)  $217,273

Reclassify Redeemable Preferred stock

                                           $  (634,000)  $ 17,273

Shares issued in exchange for shares of
   NetWeb Online.Com, Inc., December
                                                57,750

Shares retired in connection with the
   acquisition of NetWeb Online.Com, Inc.
   December 15, 1999

Shares issued in connection with the
   purchase (90% interest) of the web site
   E-Trade Golf.Com, December 6, 1999

Payments received on notes receivable

Net loss six months ended March 31, 2000


Balance March 31, 2000                     $  (519,510)  $191,008
                                           ============  ========
</TABLE>

                                      F-6
<PAGE>

















<TABLE>
<CAPTION>

                                         STATEMENT OF CASH FLOWS
                           FOR THE SIX MONTHS ENDED MARCH 31, 2000 (UNAUDITED)

Cash flows from operating activities:
Net loss                                                                                      $(65,978)
                                                                                              ----------
<S>                                                                                           <C>
  Adjustments to reconcile net loss to net
    cash provided by operating activities:
      Amortization                                                                                6,219
      (Increase) decrease in prepaid expenses                                                    (5,811)
      (Increase) decrease in inventories                                                          5,637
      (Increase) decrease in other receivables                                                  (19,100)
      (Increase) decrease in trademarks and web site costs                                     (103,810)
      Increase (decrease) in accounts payable                                                     5,489
                                                                                              ----------
      Total adjustments                                                                        (111,376)
                                                                                              ----------
  Net cash used by operating activities                                                        (177,354)
                                                                                              ----------

Cash flows from investing activities:
  Cash payments for the purchase of property                                                     (7,250)
                                                                                              ----------
  Net cash provided by investing activities                                                      (7,250)
                                                                                              ----------

Cash flows from financing activities:
  Proceeds from notes receivable                                                                114,490
   Proceeds from issuance of common and preferred stock                                         125,223
                                                                                              ----------
  Net cash provided by financing activities                                                     239,713
                                                                                              ----------

Net increase (decrease) in cash and cash equivalents                                             55,109

Cash and cash equivalents, beginning of year                                                        883
                                                                                              ----------

Cash and cash equivalents, end of period                                                      $  55,992
                                                                                              ==========

Shareholders' equity note:

On December 15, 1999  the Company issued 700,000 shares of its preferred stock and 2,310,000
shares of its common stock, in connection with the acquisition of NetWeb Online.Com, Inc.,
whose assets were valued at $57,750.

On December 6, 1999 the Company issued 33,737 shares of its Series I Preferred stock in
exchange for a 90% interest in the web site  E-trade Golf.Com, which was valued at $67,439.
</TABLE>

                                      F-7
<PAGE>





























                             NETWEB ONLINE.COM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                         THREE MONTHS ENDED MARCH 31, 2000

NOTE  1     UNAUDITED  FINANCIAL  STATEMENTS

The accompanying unaudited financial statements have been prepared in accordance
with  generally accepted accounting principles for interim financial information
and  with  the  instructions  to  Form  10-Q  and  Rule 310(b) of Regulation SB.
Accordingly, they do not include all of the information and footnote disclosures
normally  included  in complete financial statements prepared in accordance with
generally  accepted  accounting  principles.  For  further  information, such as
significant  accounting pollicies followed by the Company, refer to the notes to
the  Company's  audited  financial  statements.

In  the  opinion  of  management, the unaudited financial statements include all
necessary  adjustments  (consisting  of  normal,  recurring accruals) for a fair
presentation  of the financial position, results of operations and cash flow for
the  interim  periods  presented.  The  results  of operations for the six-month
periods  ended  March  31,  2000  and  1999  are  not  necessarily indicative of
operating  results  to  be  expected  for  a  full  year.

NOTE  2     ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

NetWeb  Online.Com,  Inc. (the "Company") was incorporated in the State of Texas
under  the  name  GEAC,  Inc. on November 5, 1997.  In July 1999 its Articles of
Incorporation  were  amended to change its name to The Golfing Network.Com, Inc.
Contemporaneously  with  the  acquisition  of  a  Florida entity known as NetWeb
Online.Com,  Inc.,  the Company changed to its present name on December 14, 1999
through  the  filing  with  the Texas Department of State of an amendment to its
Articles  of  Incorporation.

The  Company was formed for the purpose of engaging in the marketing and sale of
golf  and  related  products, including the purchase of the patent rights to the
Wonderstick  .  The  Company  subsequently  expanded  its  business  purposes to
include  the development, acquisition and operation of a variety of Internet web
sites.

The  Company  markets,  promotes  and  distributes  the  Wonderstick  golf swing
training  aid  and  other  golf  related  products and services.  The Company is
located  in  Boca  Raton,  Florida  and it maintains a sales office in McKinney,
Texas.  It  offers  and  sells  products and general merchandise internationally
through  its  proprietary  web  sites, and in the United States, directly to the
public  through  professional  golf  instructors.

                                      F-8
<PAGE>

                             NETWEB ONLINE.COM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                         THREE MONTHS ENDED MARCH 31, 2000


NOTE  2     ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES
(CONTINUED)

Income  Taxes
-------------
The  Company accounts for income taxes in accordance with Statement of Financial
Accounting Standards No. 109, which requires a liability approach to calculating
deferred  income  taxes.

Use  of  Estimates  in  Preparation  of  Financial  Statements
--------------------------------------------------------------
The  preparation  of  the  accompanying  financial statements in conformity with
generally  accepted  accounting  principles  requires management to make certain
estimates  and  assumptions  that directly affect the results of reported assets
and  liabilities  and  disclosure of contingent assets and liabilities as of the
balance  sheet  date,  and the reported amounts of revenues and expenses for the
period  presented.  Actual  results  could  differ  from  these  estimates.

Cash  and  Cash  Equivalents
----------------------------
The  Company  considers  all cash and cash equivalents highly liquid investments
with  an  original  maturity  of  three  months  or less to be cash equivalents.

Inventory
---------
Inventories  consist of golf swing training kits.  Inventories are stated at the
lower  of cost or market.  The weighted-average cost method is used to determine
the  cost  of  inventories.







Intangible  Assets
------------------
The  Company  continually  evaluates  the  carrying  value of goodwill and other
intangible  assets  to  determine  whether  there  are any impairment losses. If
indicators  of  impairment  are present in intangible assets used in operations,
and  future  cash flows are not expected to be sufficient to recover the assets'
carrying  amount,  an  impairment loss would be charged to expense in the period
identified.

No  reduction  for  impairment  of  intangible assets was necessary at March 31,
2000.

Amortization
------------
Amortization of trademarks and patents is determined utilizing the straight-line
method  based  generally  on  the  estimated  useful lives of the intangibles as
follows:

     Trademarks  and  web sites     12  years
     Patents                       12  years

                                      F-9
<PAGE>


                             NETWEB ONLINE.COM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                         THREE MONTHS ENDED MARCH 31, 2000

NOTE  2     ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING
     POLICIES  (CONTINUED)

Credit  Risk
------------
Financial  instruments  that  potentially  subject  the  Company  to credit risk
include  cash on deposit with two financial institutions amounting to $55,992 at
March 31, 2000, which was insured for up to $200,000 by the U.S. Federal Deposit
Insurance  Corporation  (FDIC).

Advertising
-----------
Advertising  costs  are  charged  to operations when the advertising first takes
place.  The Company had capitalized $1,491 on September 30, 1999 and $180,300 on
September  30, 1998 related to the final version of the infomercial that has yet
to  be  aired.  Advertising  expense  totaled $150 and $2,000 for the six months
ended  March  31,  2000  and  1999,  respectively.

NOTE  3     COMMON  STOCK  AND  PREFERRED  STOCK

On  December  15,  1999,  the Company issued 2,310,000 shares of Common Stock in
exchange for all of the issued and outstanding shares of Capital Stock of NetWeb
Online.Com,  Inc.  (a  Florida  corporation).  As  part of that transaction, the
Company  also issued 700,000 shares of its Series I $0.001 par value Convertible
Preferred  Stock  to  the  former shareholders of the Florida corporation.  Each
share  of  Series  I  preferred  stock  is  convertible into three shares of the
Company's  common  stock,  any time after 12 months from the date of issuance at
the  option  of  the  preferred  stockholder,  and  pays  no  dividends.

On  December  6,  1999,  in  exchange for  90%  interest on the web site E-Trade
Golf.Com,  issued  33,737  shares of its Series I Convertible Preferred Stock.
Each share  is  convertible  into  three (3) shares of its common stock on
October 1, 2000.
                                      F-10
<PAGE>
                             NETWEB ONLINE.COM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                         THREE MONTHS ENDED MARCH 31, 2000

NOTE  4          REDEEMABLE  PREFERRED  STOCK

Pursuant  to  the  resolution adopted by the board of directors on May 14, 1998,
200,000 shares of authorized Preferred Stock were issued as Series II Redeemable
Preferred  Stock.  These shares shall be redeemable by the Company at the option
of  the  board  of  directors  at  a  price  of  $1.50  per  share,  subject  to
     a)  the  expiration  of  a  period  of  two  years  or
     b)  the  Company  achieving  a  net  equity  of  two  million  dollars

At  the  date  of  this review, no redeemable Preferred Stock has been redeemed.








NOTE  5     INTANGIBLE  ASSETS

As  of  March 31, 2000, intangible assets are summarized by major classification
as  follows:

     Trademark  and  web site            $  93,063
     Patents                               78,008
                                         --------
                                          171,071
     Less  accumulated  amortization     (11,824)
                                        ---------
                                         $159,247
                                         ========

The  amortization  expense  for  the six months ended March 31, 2000 was $6,219.

NOTE  6     INCOME  TAXES

Deferred  tax  assets  and  liabilities at March 31, 2000 and September 30, 1999
consist  of  the  following:

                                              March  31,     September  30,
                                                2000              1999
                                               --------      ----------

     Current  deferred  tax  asset             $  67,208     $  67,208
     Current  deterred  tax  liability           (67,208)      (67,208)
                                               ---------     ----------
                                               $     ---     $      ---
                                                ========      ========

     Non-current  tax  asset                   $ 124,761     $ 101,409
     Valuation  allowance                       (124,761)     (101,409)
                                                 --------      --------
                                               $       --    $       --
                                                 ========      ========

                                      F-11
<PAGE>

                             NETWEB ONLINE.COM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                         THREE MONTHS ENDED MARCH 31, 2000

NOTE  6     INCOME  TAXES  (CONTINUED)

The  current  deferred tax liability results from capitalized advertising costs,
which  were  previously  deductible  for  income  tax purposes.  The non-current
deferred  tax  assets  result  from  the  net operating loss carryforward, which
approximates  $509,000  on  March  31, 2000, and $446,000 at September 30, 1999.
The  net  operating loss carryforward, which is subject to annual limitations as
prescribed  by  the Internal Revenue Code, is available to offset future taxable
income through 2020.  A 100% valuation allowance has been recorded to offset the
net  deferred  tax asset due to uncertainty of generating future taxable income.

The Company's income tax expense for the six months ended March 31, 2000 and the
year ended September 30, 1999 differed from the statutory federal rate of 34% as
follows:

                                              March  31,     September  30,
                                                2000              1999
                                               --------        ----------

     Statutory  rate  applied  to  loss
         before  income  taxes                $  (21,476)     $  (44,896)
     Increase  (decrease)  in  income
         taxes  net  of  federal  income
         tax  effect                              (1,876)         (3,922)
     Increase  in  valuation  allowance           23,352          49,369
     Other                                            --            (551)
                                               ---------     ------------

     Income  Tax  Expense                       $     --       $       --
                                                ========         ========













NOTE  7     ROYALTIES

The  Company  purchased rights to the "Wonderstick" patent from the two previous
owners.  The  terms  and  conditions  of  the  agreements  are  as  follows:

The  Company  purchased  the  interest of owner number one for future royalties.
Under the agreement, owner number one will receive a $1.00 royalty for each unit
sold  net  of returns and giveaways.  This agreement will expire on December 31,
2003,  at which point the seller would retain no further interest in the patent.
In the event, however, that less than 100,000 units have been sold by that time,
rights to the patent would revert back to the seller.  The Company does have the
option  to  "buy  out" the contract for the remainder amount left on the minimum
$100,000  ($1.00  per unit for 100,000 units) plus an additional sum of $15,000.

                                      F-12
<PAGE>

                             NETWEB ONLINE.COM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                         THREE MONTHS ENDED MARCH 31, 2000

NOTE  7     ROYALTIES  (CONTINUED)

Effective  June  3,  1998,  the  Company  has  also entered into an agreement to
purchase  the  remaining  interest in the "Wonderstick" patent from Wonderstick,
Inc.  (owner  number  two).  Under  the agreement, the Company purchased all the
corporate  assets of Wonderstick, Inc. (including patent rights) excluding cash,
securities,  accounts  receivable, accounts payable, or any other obligations or
liabilities,  for  cash of $60,000 plus royalties and a stock option.  A $20,000
cash  down  payment  was made by the Company pursuant to this agreement, and the
remaining  $40,000  is  still  payable,  and at December 31, 1999 is included in
other payables in the accompanying balance sheet.  Royalties of 10% of net sales
for  units  sold with a per unit sales price between $15.00 and $34.99 and $2.04
per  unit  for  units  sold at $35.00 or higher will be due for a period of five
years  from  the  date  of closing of the agreement.  At closing, the seller was
also  granted  an  option  to purchase 3% of the outstanding common stock of the
Company at a total exercise price of $100.  In connection with the purchase from
owner  number two, the Company has agreed to enter into a three-year independent
contractor agreement.  The agreement provides for annual compensation of $40,000
plus  an  11%  commission.  As  of March 31, 2000, the independent contractor
agreement  had  not  been  executed.

In  addition  to the royalties due the two owners of the patent, the Company has
also  entered  into  royalty  agreements  for  the  endorsement of the Company's
product by five industry professionals.  The agreements, which expire from April
19,  2000  to May 31, 2000, provide for royalties accumulating to $1.10 per unit
to  be paid on "endorsed product" sales.  Royalties due as of September 30, 1999
have  been  accrued  and  are  included  in  accrued  liabilities.

NOTE  8     NOTE  PAYABLE  TO  RELATED  PARTY

Note  payable  to  related  party  consists
of  an  amount  due  from  a  shareholder
and  director.  The  note  is  unsecured,
bears  interest  at  7.5%,  and  matures  in
February  2003,  at  which  time  both
principal  and  interest  will  be  due.            $75,000

                        Less  current  maturity      40,000
                                                    -------
                        Long-term  note  payable    $35,000
                                                    =======

Interest  paid  for  the  six  months  ended  March  31,  2000  was  $2,812.

                                      F-13
<PAGE>

                             NETWEB ONLINE.COM, INC.
                          NOTES TO FINANCIAL STATEMENTS
                         THREE MONTHS ENDED MARCH 31, 2000

NOTE  9     GOING  CONCERN  UNCERTAINTY

The  ability  of  the Company to continue as a going concern is dependent on its
ability  to  raise  the  necessary  capital to finance the implementation of its
business  plan.  The  financial  statements  do  not  include any adjustments to
reflect  the possible effects on the recoverability and classification of assets
or classification of liabilities which may result from the possible inability of
the  Company  to  continue  as  a going concern.  Management is seeking and will
continue to seek to raise the working capital to assure the Company's viability,
through  private  or  public  equity  offerings  and/or  debt  financing.



                                      F-14
<PAGE>

Item  2.  Management's  Discussion  and  Analysis  or
          Plan  of  Operation.

RESULTS  OF  OPERATIONS
-----------------------

COMPARISON  OF  THE  THREE  MONTHS ENDED DECEMBER 31, 1999 WITH THE THREE MONTHS
ENDED  March  31,  2000

          Revenues  for  the  three  month  period  ended  March  31,  2000 were
$14,225,  compared  to  no revenues recorded during the same period of the prior
year.  Revenues  resulted  from  sale  of  golf equipment and training devices
in the current  period.  The  Company  had  a net  loss of ($60,958)in  the
period ended  March  31,  2000, compared  to  a net  loss of ($36,252) in the
corresponding prior period.  The loss in the current period is attributable
primarily  to  increased  accounting,  legal  and consulting fees related to
the NetWeb OnLine.Com,  Inc.  acquisition,  the preparation  and filing of a
registration statement  on  Form  10-SB  and  compliance  with  the Company's
reporting requirements  under  the  securities laws.

          The  Company  is  in  the  process of seeking additional financing and
strategic  partners  to  expand  its Internet presence.  It continues to seek to
integrate  web site acquisitions into its existing assets to enhance shareholder
value.

                                       4
<PAGE>


LIQUIDITY  AND  CAPITAL  RESOURCES

          On  March  31,  2000, the Company's cash balance was $55,992, compared
to  $883  at  the  end  of  the  prior  fiscal  year.  The  increase  is
attributable primarily  to  proceeds  from  financing  activities,  consisting
of loans from stockholders  and  capital  contributions  received  from  the
private  sale of restricted  stock.  Current  liabilities  increased  by  only
$5,489 during the first  six  months  of  this  fiscal  year  despite increased
business activity.

          The  Company intends to seek additional capital during the remainder
of the year in  order  to  meet its working capital needs.  Such capital is
expected to come from  the  sale  of  equity,  proceeds  of  loans  and/or
strategic partnering and continued sales of its Wonderstick product.

                                     PART II
                                OTHER INFORMATION

Item  1.     Legal  Proceedings.

             The Company is not a party to any lawsuit, litigation or
regulatory proceeding  of  any  kind.

Item  2.     Changes  in  Securities  and  Use  of  Proceeds.

             During the quarter ended March 31, 2000, the Company did not issue
any securities  in  transactions  not  registered  under the Securities Act of
1933.

Item  3.     Defaults  Upon  Senior  Securities.

             None.

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

             None.
                                        5
<PAGE>



















Item  5.     Other  Events

             In  April  2000  the  Company  replaced its independent public
accountants  King, Griffin & Adamson, P.C., located in Dallas, Texas,
with its current independent accountants, Sewell & Company, P.A., located
in  Hollywood, Florida.  The change in accountants was made due to the
relocation of the Company's principal office from Texas to Florida.  There
were no disagreements between the Company and the prior accountants.  The
replacement of the accountants was approved by the Company's Board  of
Directors.

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

A.     EXHIBITS

     There  are  no  exhibits  to  this  Report.


B.    REPORTS  ON  FORM  8-K

      No  reports  on  Form  8-K  were  filed during the quarter ended March 31,
2000  or  to  date.

                                       6
<PAGE>
                                   SIGNATURES

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


                                        NETWEB  ONLINE.COM,  INC.

                                        By  /s/  Bryan  Efimov
                                        -------------------------
                                        Bryan  Efimov,  President

Date:  May  12,  2000


                                       7
<PAGE>