**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-QSB**

[x] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934****

For the quarterly period ended September 30, 2001

[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from __________ to __________

**Global Online India, Inc.**

(Exact name of registrant as specified in charter)

|**Delaware**                                                   | **000-11225**            | **84-0899587**                      
|-------------------------------------------------------------- | ------------------------ | ------------------------------------
|(State or other jurisdiction of
incorporation or organization) | (Commission File Number) | (IRS Employer Identification Number)

**351 Whispering Hills Road, Boone, NC 28607**

(Business address and zip code)

**(828) 264-2793**

(Registrant's telephone number, including area code)

Indicate by check mark whether the 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), Yes [X] No [ ] and (2) has been subject to such filing requirements for the past 90 days, Yes [X] No [ ].

**APPLICABLE ONLY TO CORPORATE ISSUERS:**

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the last practicable date.

|Class                                                Outstanding as of November 7, 2001

----------------------------------------                      ---------------------------------------------

Common Stock, $0.01 par value                                       50,005,655
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

**Index**

|**Part I: Financial Information**                                                                
|-------------------------------------------------------------------------------------------------
|**Item 1. Financials Statements**                                                                
|Consolidated Balance Sheet                                                                       
|Consolidated Statements of Operations                                                            
|Consolidated Statements of Changes in Shareholders' Deficit                                      
|Consolidated Statements of Cash Flows                                                            
|Notes to Consolidated Financial Statements                                                       
|**Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations**
|General                                                                                          
|Results of Operations                                                                            
|Subsequent Events                                                                                
|Plan of Operations                                                                               
|**Part II: Other Information**                                                                   
|Item 1. Legal Proceedings                                                                        
|Item 2. Changes in Securities                                                                    
|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                                                         

**PART I:  FINANCIAL INFORMATION
ITEM 1.  Financial Statements**

**Global Online India, Inc.**

**Consolidated Balance Sheet**

September 30, 2001 (Unaudited)

|**Assets**                                                  |            
|----------------------------------------------------------- | -----------
|Current assets:                                             |            
|Cash                                                        | $    22,294
|Total current assets                                        | 22,294     
|Property and equipment, net of accumulated depreciation     | 11,854     
|Other assets:                                               |            
|Software development costs, net of accumulated amortization | 16,010     
|Internet domain names                                       | 5,166      
|Investments                                                 | 5          
|Deposit                                                     | 2,733      
|Total other assets                                          | 23,914     
|                                                            | $    58,062
|**Liabilities and Stockholders' Deficit**                   |            
|Current liabilities:                                        |            
|Current portion of obligations under capital lease          | $    50,172
|Accrued wages                                               | 11,360     
|Accrued expenses                                            | 518        
|Total current liabilities                                   | 62,050     
|Long-term liabilities:                                      |            
|Payable to USA Global Link, Inc.                            | 775,644    
|Stockholders' deficit:                                      |            
|Preferred stock; $1.00 par value; 10,000,000 shares         |            
|authorized; no shares issued or outstanding                 |            
|Common stock; $.01 par value; 80,000,000 shares             |            
|authorized; 50,005,655 shares issued and outstanding        | 500,057    
|Additional paid-in capital                                  | 162,919    
|Accumulated deficit                                         | (1,442,608)
|Total stockholders' deficit                                 | (779,632)  
|                                                            | $ 58,062   

The accompanying Notes are an integral part of the consolidated financial statements.

**Global Online India, Inc.**

**Consolidated Statements of Operations**

(Unaudited)

|                                           | **Three Months Ended
September 30,** | **Three Months Ended
September 30,** | **Nine Months Ended
September 30,** | **Period April 21, 2000
(Date of Inception) to
September 30,**
|------------------------------------------ | ------------------------------------ | ------------------------------------ | ----------------------------------- | --------------------------------------------------------------
|                                           | **2001**                             | **2000**                             | **2001**                            | **2000**                                                      
|Revenues                                   | $              0                     | $     101,228                        | $   159,700                         | $  101,228                                                    
|Cost of revenues                           | 0                                    | 100,195                              | 139,692                             | 100,195                                                       
|Gross profit                               | 0                                    | 1,033                                | 20,008                              | 1,033                                                         
|Operating expense:                         |                                      |                                      |                                     |                                                               
|Loss on impairment of                      |                                      |                                      |                                     |                                                               
|long-lived assets                          | 65,017                               | 0                                    | 65,017                              | 0                                                             
|General and
administrative                 | 358,958                              | 163,287                              | 594,283                             | 351,273                                                       
|                                           | 423,975                              | 163,287                              | 659,300                             | 351,273                                                       
|Net loss from operations                   | (423,975)                            | (162,254)                            | (639,292)                           | (350,240)                                                     
|Other income (expense):                    |                                      |                                      |                                     |                                                               
|Interest expense                           | 0                                    | (7,005)                              | (3,454)                             | (6,969)                                                       
|Net loss                                   | $ (423,975)                          | $ (169,259)                          | $ (642,746)                         | $ (357,209)                                                   
|Net loss per common
share                  | $         (.00)                      | $         (.00)                      | $         (.01)                     | $         (.01)                                               
|Weighted average
common shares
outstanding | 50,005,655                           | 43,362,367                           | 50,005,655                          | 25,642,304                                                    

The accompanying Notes are an integral part of the consolidated financial statements.

**Global Online India, Inc.**

**Consolidated Statement of Changes in Stockholders' Deficit**

**Nine Months Ended September 30, 2001**

**(Unaudited)**

|                            | **Common Stock**                  |               |                                |                         |            
|--------------------------- | --------------------------------- | ------------- | ------------------------------ | ----------------------- | -----------
|                            | **Shares Issued and
Outstanding** | **Par Value** | **Additional Paid-In
Capital** | **Accumulated
Deficit** | **Total**  
|Balance, December
31, 2000  | 50,005,655                        | $ 500,057     | $ 162,919                      | $    (799,862)          | $ (136,886)
|Net loss for the
period     |                                   |               |                                | (642,746)               | (642,746)  
|Balance, September
30, 2001 | 50,005,655                        | $ 500,057     | $ 162,919                      | $ (1,442,608)           | $ (779,632)

The accompanying Notes are an integral part of the consolidated financial statements.

**Global Online India, Inc.**

**Consolidated Statements of Cash Flows**

(Unaudited)

|                                                                            | **Nine Months Ended September 30,** | **Period April 21,2000 (Date of
Inception) to September 30,**
|--------------------------------------------------------------------------- | ----------------------------------- | -------------------------------------------------------------
|                                                                            | **2001**                            | **2000**                                                     
|Operating activities                                                        |                                     |                                                              
|Net loss                                                                    | $ (642,746)                         | $ (357,209)                                                  
|Adjustments to reconcile net loss to net
cash used by operating activities: |                                     |                                                              
|Loss on impairment of long-lived assets                                     | 65,017                              |                                                              
|Depreciation and amortization                                               | 66,901                              | 21,240                                                       
|Expenses paid by parent in exchange
for                                     |                                     |                                                              
|common stock                                                                |                                     | 183,159                                                      
|(Increase) decrease in:                                                     |                                     |                                                              
|Accounts receivable                                                         | 418,788                             | (99,054)                                                     
|Internet domain names                                                       | (80)                                |                                                              
|Accrued expenses                                                            | 8,408                               | 1,271                                                        
|Total adjustments                                                           | 559,034                             | 106,616                                                      
|Net cash used by operating activities                                       | (83,712)                            | (250,593)                                                    
|Investing activities                                                        |                                     |                                                              
|****Deposit                                                                 | (2,733)                             |                                                              
|Financing activities                                                        |                                     |                                                              
|Increase in payable to USA Global Link,
Inc.                                | 97,184                              | 253,167                                                      
|Issuance of common stock for cash                                           |                                     | 9,998                                                        
|Payments on capital lease obligation                                        | (12,458)                            |                                                              
|Net cash provided by financing activities                                   | 84,726                              | 263,165                                                      
|**Net (decrease) increase in cash**                                         | (1,719)                             | 12,572                                                       
|**Cash at beginning of period**                                             | 24,013                              |                                                              
|**Cash at end of period**                                                   | $  22,294                           | $   12,572                                                   

The accompanying Notes are an integral part of the consolidated financial statements.

**Global Online India, Inc.**

**Consolidated Statements of Cash Flows**

(Unaudited)

|                                                                                    | **Nine Months Ended September 30,** | **Period April 21, 2000 (Date of
Inception) to September 30,**
|----------------------------------------------------------------------------------- | ----------------------------------- | --------------------------------------------------------------
|                                                                                    | **2001**                            | **2000**                                                      
|Supplemental disclosures of cash flow
information and noncash financing
activities: |                                     |                                                               
|****Cash paid for interest                                                          | $    0                              | $ 6,969                                                       

Common stock was issued for the following noncash considerations during May 2000:



|Fixed asset                            | $   15,178
|-------------------------------------- | ----------
|Assets under capital lease             | 101,468   
|Obligations under capital lease        | (83,571)  
|Capitalized software development costs | 90,887    
|Internet domain names                  | 7,135     
|Common stock of Parent                 | 5         
|                                       | $ 131,102 

During the period ended September 30, 2000, the Company declared a 200 percent stock dividend effecting a three-for-one
stock split.  The effect of this transaction was to increase common stock and increase accumulated deficit by $333,362.

The accompanying Notes are an integral part of the consolidated financial statements.

**Global Online India, Inc.**

**Notes to Consolidated Financial Statements**

**Three and Nine Months Ended September 30, 2001 (Unaudited), the Three Month Period Ended September 30, 2000
and the**

**Period April 21, 2000 (Date of Inception) to September30, 2000 (Unaudited)**

**1.  Consolidated Financial Statements**

In the opinion of management, all adjustments consisting only of normal recurring adjustments necessary for a fair statement of
(a) the results of operations for the three- and nine-month period ended September 30, 2001, the three-month period ended
September 30, 2000, and the period April 21, 2000 (Date of Inception) to September 30, 2000, (b) the financial position at
September 30, 2001, and (c) cash flows for the nine-month period ended September 30, 2001 and the period April 21, 2000
(Date of Inception) to September 30, 2000, have been made.

The unaudited consolidated financial statements and notes are presented as permitted by 
Form 10-QSB.  Accordingly, certain information and note disclosures normally included in consolidated financial statements
prepared in accordance with generally accepted accounting principles have been omitted.  The accompanying consolidated
financial statements and notes should be read in conjunction with the audited consolidated financial statements and notes of the
Company for the fiscal year ended December 31, 2000.  The results of operations for the nine-month period ended September
30, 2001 are not necessarily indicative of those expected for the entire year.

Prior to January 1, 2001, the Company's activities were principally the development of 
e-commerce and telephony services, Internet access, and network services to residential and business customers in India and
abroad.  The Company had been relying on the borrowing of funds from USA Global Link, Inc. rather than recurring revenues
for its primary source of cash flow.  Accordingly, the Company's consolidated financial statements for all periods prior to
January 1, 2001 were presented as a development stage enterprise, as prescribed by Statement of Financial Accounting
Standards No. 7, "Accounting and Reporting by Development Stage Enterprises."  During the nine months ended September 30,
2001, the Company began to generate recurring revenues and, as a result, has exited the development stage.

**2.  Going Concern**

The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going
concern.  The Company has negative working capital of approximately $39,800 at September 30, 2001, it has sustained losses
since inception and its liabilities exceed its assets by approximately $780,000 as of September 30, 2001.  In addition, as noted in
the previously reported Form 10-QSB on August 14, 2001, the Company received notice on May 2, 2001 that USA Global Link,
Inc., the Company's majority stockholder, will no longer fund the Company's operations.  Previous to May 2, 2001, the
Company had been dependent on USA Global Link, Inc. for its operating funds.  These factors raise substantial doubt about the
Company's ability to continue as a going concern.  The consolidated financial statements do not include any adjustments relating
to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary
in the event the Company cannot continue in existence.

The Company's continued existence is dependent on its ability to immediately obtain capital to meet cash flow requirements.
Management is presently exploring business opportunities, such as a merger with or acquisition by another business entity, but
there can be no guarantee that these will be successful.

**3. Long-Lived Assets**

In October 2001, the Financial Accounting Standards Board issued Statement of Financial Accounting Standards No. 144
(SFAS No. 144), "Accounting for the Impairment or Disposal of Long-Lived Assets."  This statement addresses the financial
accounting and reporting for the impairment of long-lived assets, excluding goodwill and intangible assets, to be held and used
or disposed of.  SFAS No. 144 is required to be applied for fiscal years beginning after December 15, 2001, with earlier adoption
encouraged.  The Company elected to adopt SFAS No. 144 during the three-month period ended September 30, 2001.  Pursuant
to SFAS No. 144, long-lived assets should be tested for recoverability when events or changes in circumstances indicate that
their carrying value may exceed the fair value of the assets.  Fair value is based on quoted market prices or, in the absences of
quoted market prices, fair value is based on an estimate of discounted cash flow analyses.  During the three-month period ended
September 30, 2001, the Company determined that based on current market prices, the net book value of its property and
equipment and software development costs could not be recovered.  In connection with this determination, the Company
recognized an impairment loss of $65,017.

**4. Changes in Ownership**

Pursuant to the Agreement and Plan of Reorganization signed between the Registrant and USA Global Link, Inc. on June 12,
2001 (the "Agreement"), USA Global Link instructed the Registrant's transfer agent on July 26, 2001 to transfer 24,097,500
shares of USA Global Link's common stock (51 percent of the shares USA Global Link received in the Agreement) to Maharishi
Education Corporation Private Limited ("MECPL"), a New Dehli company and majority owner of GOL India ISP Private
Limited, to be exchanged for 51 percent of the stock of GOL India ISP Private Limited, a New Dehli company, which is 49
percent owned by the Registrant. This transfer fully extinguishes USA Global Link's obligation to GOL India.com, Inc. and does
not modify or dilute the rights of the Registrant's securities holders.  Prakash Srivastava, Vice Chairman and Director of the
Registrant, is also a director of MECPL.

During the quarter ended September 30, 2001, USA Global Link instructed the Registrant's transfer agent on August 8, 2001 to
transfer 11,858,316 shares of USA Global Link's common stock (51 percent of the Registrant's shares owned by USA Global
Link on that date) to Christopher W. Hartnett, Founder and Chairman of USA Global Link.  This transfer does not modify or
dilute the rights of the Registrant's securities holders.

As a result of the above transfers, MECPL owns 24,097,500 shares, Christopher W. Hartnett will own 11,871,516 shares, and
USA Global Link will own 11,393,234 shares of the Registrant.

**5. Contingencies**

On January 26, 2001, the Company was served notice of a complaint filed in the Third Judicial District Court in Salt Lake
County by Robert Gosman and Double B Investments regarding certain claims made against the Company.  As more fully
described in Note 3 of the consolidated financial statements filed with the Company's March 31, 2001 Form 10-QSB, legal
counsel for the guarantors under this Agreement has informed the Company that they have reached an agreement with the
Plaintiffs for the settlement of this lawsuit without cost to the Company.

**6. Employee Stock Option Plan**

During the three months ended September 30, 2001, the Company's Board of Directors authorized the creation of an employee
stock option fund consisting of ten percent of the then outstanding shares of common stock of the Company to be distributed to
management of the Company at the time the following conditions are met:  a) management secures funding for the Company of
not less than $5.0 million and/or b) the price of the Company's common stock trades at a level greater than 500 percent of its
price at close of market on July 18, 2001 ($.51).

**ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS**

**General**
The following discussion and analysis should be read in conjunction with the selected consolidated financial information, the
consolidated financial statements and notes.

This Report may contain "forward-looking" statements.  The Registrant is including this cautionary statement for the express
purpose of availing itself of the protections of the safe harbor provided by the Private Securities Litigation Reform Act of 1995
with respect to all such forward-looking statements.  Examples of forward-looking statements include, but are not limited to: (a)
projections of revenues, capital expenditures, growth, prospects, dividends, capital structure and other financial matters; (b)
statements of plans and objectives of the Registrant, its management or Board of Directors; (c) statements of future economic
performance; (d) statements of assumptions underlying other statements and statements about the Registrant and its business
relating to the future; and (e) any statements using the words "anticipate," "expect," "may," "project," "intend" or similar
expressions.

The Registrant has an authorized 80,000,000 shares of Common Stock at a par value of $.01 and 10,000,000 Preferred Stock at a
par value of $1.00.

The Registrant filed with the Securities and Exchange Commission a Form 8-K on May 2, 2001, informing shareholders that it
had received notice from its majority shareholder, USA Global Link, Inc., that the majority shareholder is no longer in a
financial position to fund the ongoing operating expenses of the Registrant.  A press release notifying the public of this notice
was also issued by the Registrant on this date.  Other important information related to the Registrant's current operational and
financial status is contained below.

**Results of Operations**

The Registrant filed a 10-QSB for the period ending September 30, 2000 on November 14, 2000.  The present quarterly report
presents the Registrant's performance in the third quarter of 2001 and the Registrant's performance in the corresponding quarter
of 2000.  However, management believes that no meaningful comparison, which might consider increases or decreases in
financial indicators relevant to the Registrant's performance, can be made between the two quarters.  Indeed management
believes that such a comparison may be misleading for the following reasons.  First, the third quarter 2000 performance of the
Registrant was the first reported quarterly revenues for the Registrant as "Global Online India, Inc".  Prior to that period, the
Registrant was doing business as "ENG Enterprises, Inc.", and was a development-stage company with zero assets and zero
revenues.  Second, the Registrant has not been generating any revenues whatsoever in the current quarter, and has ceased
operating as a revenue-generating business.  Therefore, rather than compare the third quarters of 2001 and 2000, we will simply
state the respective balance sheets and statements of operations separately.

**Balance Sheet**

For this reporting period, the Registrant has total assets of $58,062, including current assets of $22,294 in cash, $11,854 of
property and equipment, and other assets consisting of $16,010 of software development costs, $5,166 of Internet domain
names, $5 of investments representing 5,000 shares in common stock of USA Global Link, Inc. with a par value of $0.01, and
$2,733 of deposits.

In the same period of 2000, the Registrant had total assets of $305,059, including current assets of $12,572 in cash, $99,054 of
accounts receivable, $103,686 of property and equipment, and other assets consisting of $83,313 of software development costs,
$6,429 of Internet domain names, $5 of investments representing 5,000 shares in common stock of USA Global Link, Inc. with a
par value of $0.01.

The Registrant has current and long-term liabilities of $837,694 consisting of an intercompany payable to USA Global Link, Inc.
of $775,644 incurred by the Registrant in operating expenses such as salaries, consulting fees, and marketing costs, $518 of
accrued expenses for various services, $50,172 of current portion of obligations under capital lease for computer equipment, and
$11,360 of accrued wages.

In the same period of 2000, the Registrant had current and long-term liabilities of $338,009 consisting of an intercompany
payable to USA Global Link, Inc. of $268,161 incurred by the Registrant in operating expenses such as salaries, consulting fees,
and marketing costs, $1,271 of accrued expenses for various services, and $24,927 of current portion of obligations under capital
lease for computer equipment and $43,650 of long-term obligations under capita lease for computer equipment.

The Registrant has a stockholders' deficit of $779,632 consisting of $500,057 in common stock (50,005,655 shares at a par value
of $0.01), $162,919 in additional paid-in capital, and $1,442,608 in current accumulated deficit.  Total liabilities and equity
equal $123,079.

In the same period of 2000, the Registrant had a stockholders' deficit of $32,950 consisting of $500,043 in common stock
(50,004,955 shares at a par value of $0.01), $157,578 in additional paid-in capital, and $690,571 in current accumulated deficit.
Total liabilities and equity equal $305,059.

Statements of Operations

Revenues in the quarter total $0.  Cost of revenues was $0 for the same period.  Operating expenses were incurred throughout
the quarter and totaled $423,975, with net loss from operations totaling $423,975. During the quarter ended September 30, 2001,
the Company wrote off approximately $321,000 of accounts receivable that were deemed uncollectible.  Net loss was $358,958
for the quarter.  In addition, during the quarter ended September 30, 2001, the Company recognized a loss on impairment of
long-lived assets (property and equipment and software development costs) of $65,017.  In the opinion of management, inflation
has not had a material effect on the operations of the Registrant.

In the same period of 2000, revenues in the quarter totaled $101,228.  Cost of revenues was $100,195 for the same period.
Operating expenses were incurred throughout the quarter and totaled $163,287, with net loss from operations totaling $162,254.
Interest expense totaled $7,005 related to web servers and peripheral computer equipment.  Net loss was $169,259 for the
quarter.  In the opinion of management, inflation has not had a material effect on the operations of the Registrant.

**Subsequent Events**

None.

**Plan of Operations**

The Registrant began operations of its online e-commerce services for Indian residential and business customers and for the
Indian expatriate population at its web site " www .GOLIn dia.com " in August 2000.  The economic environment in which the
Registrant began operations was a difficult one, with many Internet-related companies in financial distress or going out of
business.  In that milieu, domestic and international financial markets became increasingly constrained, and many companies
had difficulty raising the funds needed to maintain their businesses, forcing them into bankruptcy.  The Registrant has not been
immune to these overwhelming and pervasive industry and market trends.

Moreover, as stated above and in previous disclosure filings, the Registrant received notice on May 2, 2001 from its majority
shareholder, USA Global Link, Inc., that the majority shareholder was no longer in a financial position to support or fund the
ongoing operating expenses of the Registrant.  As a result of this action, the positions of the Registrant's three employees, whose
salaries were being paid by USA Global Link, were canceled and other cost saving measures were immediately implemented.
Little or no revenue has been generated since that date, and all business activities other than those described below and those
related to maintaining the Registrant's public compliance have ceased.

USA Global Link had funded the operations of the Registrant since July 14, 2000, and the Registrant had been fully dependent
on its majority shareholder for all its operating funds and administrative support.  As stated in the Registrant's previous Form
10-QSB filed on August 14, 2001, the Registrant needed an immediate infusion of capital to continue its business.  As a result of
being unable to secure such funding, the Registrant cannot execute its business plan, implement any contract or network
expansion, or continue operations.

The only alternative available to the Registrant for continuing in business is the possible, but highly unlikely, participation in
some form of business combination.  It was stated in the previous Form 10-QSB that this event would have to occur within the
90 days following August 14, 2001 in order for the Registrant to continue in business.  Because the Board of Directors and
officers of the Registrant have and continue to make every effort to find some form of business combination that could help
revive the future prospects of the Registrant, this date has been extended by another 90 days.  If such a business combination is
unattainable for any reason within this period, the Registrant expects it will be forced to cease business entirely. The Registrant's
Board of Directors and officers are expected to resign prior to or at that time.

Management will not restrict its search for a business opportunity to any particular industry or geographical area and may seek
an opportunity in an unrelated business or industry. Management has unrestricted discretion in seeking and participating in a
business opportunity, subject to the availability of such opportunities, economic conditions, and other factors.

The selection of a business opportunity in which to participate is complex and risky. Additionally, as the Registrant has only
limited time and resources, it may be difficult to find worthy or acceptable opportunities.  There can be no assurance, therefore,
that the Registrant will be able to identify and participate in any business opportunity which would ultimately prove beneficial to
its shareholders.  The Registrant will select a potential business opportunity based on management's due diligence and business
judgement.

The activities of the Registrant are subject to several significant risks, which arise primarily from the fact that the Registrant now
has no specific business and may participate in a business opportunity based on the decision of management which could act
without the consent, vote, or approval of the Registrant's shareholders.  Because the Registrant has few assets and a limited
recent operating history, in the event the Registrant is successfully acquired or merged with another business entity, it is possible
that the Registrant's present shareholders will experience substantial dilution and likely there will be a change in control of the
Registrant.

The Registrant is required to file with the Securities and Exchange Commission certain interim and periodic reports and forms,
including an annual report containing audited financial statements.  Any acquisition or merger candidate will become subject to
the same reporting requirements as the Registrant upon consummation of any such business combination.  Thus, in the event
that the Registrant successfully completes a business combination with another entity, the resulting combined business must
provide audited financial statements for at least the two most recent fiscal years.  In the event that the combined operating
business has been in business less than two years, audited financial statements will be required from the period of inception of
the acquisition or merger candidate.

The Registrant has already explored a wide range of potential business opportunities, including investment banks, venture
capitalists and others who have presented management with unsolicited or solicited proposals.  Management will continue to
investigate such proposals, but cannot predict at this time the status or nature of any venture in which the Registrant may
participate.  The Registrant will provide its shareholders with information regarding the definitive terms of any proposed
acquisition or merger as may be required for approval of the transaction(s).  The investigation of specific business opportunities
and the negotiation, drafting, and execution of relevant agreements, disclosure documents, and other instruments will require
management time and attention, and will require the Registrant to incur costs for payment of accountants, attorneys, and others.

Currently, management is unable to determine the time or resources that will be necessary to complete the participation of any
future business combination.  There can be no assurance, therefore, that the Registrant will be able to successfully participate in
any business combination that may exist or that any activity of the Registrant, regardless of the completion of any participation
in a business combination, will be either advantageous or profitable in the future.

**PART II:  OTHER INFORMATION**

**ITEM 1.  LEGAL PROCEEDINGS**

The Registrant was not engaged in any legal proceeding during this reporting period other than the following.  On January 26,
2001, the Registrant was served notice of a complaint filed in the Third Judicial District Court in Salt Lake County by Robert
Gosman and Double B Investments regarding certain claims made against the Registrant.  Gosman and Double B Investments
allege that certain promises made by a former Director of ENG Enterprises, Inc. to certain shareholders at the time they
converted their Preferred B shares have been broken, and that the present Registrant is in some way liable.  The Registrant
intends to contest these allegations forcefully, however the extent of potential costs to defend this action and/or any adverse
settlements against the Registrant are as yet unknown.  The Agreement and Plan of Reorganization signed on June 12, 2000
between the Registrant and GOL India.com, Inc. indemnifies the Registrant against such potential actions.  Legal counsel for the
guarantors under this Agreement has informed the Registrant that they have reached an agreement with the Plaintiffs for the
settlement of this lawsuit without cost to the Registrant.

**ITEM 2.  CHANGES IN SECURITIES**

On October 1, 2001, USA Global Link requested the Registrant's transfer agent to transfer 56,800 shares of Restricted Common
Stock to Dr. Lee Fergusson, President of the Registrant, as payment for services rendered.  As a result of this transfer, USA
Global Link will own 11,336,434 shares of Restricted Common Stock of the Registrant.

**ITEM 3.  DEFAULTS UPON SENIOR SECURITIES**

None.

**ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS**

None.

**ITEM 5.  OTHER INFORMATION**

None.

**ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K**

None.

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.

**GLOBAL ONLINE INDIA, INC.**

Dated: November 16, 2001                              By: /S/ Lee Fergusson, President