SECURITIES AND EXCHANGE COMMISSION
  Washington, DC 20549

FORM 10-KSB

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
  THE
  SECURITIES EXCHANGE ACT OF 1934

|For the fiscal year 
      December 31, 1999 |  | Commission File
      000-28457
|-------------------------------------------- |  | -------------------------------



LOUGHRAN/GO CORPORATION
  (Exact name of registrant as specified in its charter)

|NEVADA 
      (State or other jurisdiction of 
      incorporation of organization) |  | 86-0955239
      (IRS Employer 
      Identification No. )
|----------------------------------------------------------------------------------- |  | ----------------------------------------------------------



18036 N. 15th Street, Phoenix, AZ 85022
  (Address of principal executive offices)
  (602) 485-1346)
  (Registrant's telephone number, including area code)

Name of each exchange on which registered:   N/A

Securities registered pursuant to Section 12 (b) of the Act: None
  Securities registered pursuant to Section 12 (g) of the Act: None

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, and (2) has been
subject to such filing requirements for the past 90 days.

Yes X No ___

Check if disclosure of delinquent filers pursuant to Item 405 of Regulation S-B is not contained
in this form, and no disclosure will be contained, to the best of Registrant's knowledge, in
definitive proxy or information statements incorporated by reference in Part III of the Form
10KSB or any amendment to the Form 10 KSB      (X)

The aggregate market value of the 100,000 shares of common stock of the Registrant
  held by non-affiliates on December 31, 1999 can not be calculated since there
  has been no trading market for the shares.

Issuer's revenues for its 1999 fiscal year were $0.00.

<PAGE> 1

|Item 1. |  | Business
|------- |  | --------

Loughran/Go Corporation is a development stage company.  From incorporation in Nevada in
1996 the Company has remained largely inactive while searching for the proper business
activity. The officers of the Company at its first meeting in 1996 discussed the possibility of
forming a consulting business regarding the establishment of "shell corporations" and the
subsequent merger with an established company.

During this period the officers held a number of discussions in the chosen field but no revenue
was generated and no records made although there were many hours devoted to Loughran/Go
as evidenced by the audited figures.

Current discussions have been extended to include the possibilities of Internet use.

There are no full time employees.

|Item 2. |  | Property
|------- |  | --------

The Company shares office space with another office of the president and pays a nominal
amount for the use of the office, the telephone system, the copying equipment and the
computers.  The company owns no equipment and does not plan to purchase more than daily
activities would require.

The Company has no outstanding obligations other than equity to its shareholders
  and the loan from its officers.

|Item 3. |  | Legal Proceedings
|------- |  | -----------------

There are no known legal proceedings naming Loughran/Go Corporation.

Part II

|Item 5. |  | Market for Common Equity and Related Stockholder Matters.
|------- |  | ---------------------------------------------------------

There has never been a market established for the shares of Loughran/Go Corporation
  and none is contemplated until the Company becomes an operating company.

No dividend or distribution of earnings has occurred.

|Item 6. |  | Management's discussion and analysis of Financial Condition
      and Results of Operation.
|------- |  | -------------------------------------------------------------------------------------------

The Company currently consists of a Board of Directors of two, Philip M. Young
  and David M. Young, and 28 other shareholders. The board has appointed Corporate
  Communications Network Company to act as a "finder" and/or a consultant to the
  company to find a satisfactory acquisition or merger partner. To date nothing
  has occurred from this engagement.

<PAGE> 2

|Item 7. |  | Financial Statements.
|------- |  | ---------------------

|Item 8. |  | Changes in and Disagreements With Accountants on Accounting
      and Financial Disclosure.
|------- |  | -------------------------------------------------------------------------------------------

Ivan Braverman of Braverman & Company originally prepared financial documents while
employed at AJRobbins & Co.  Late in 1999 Mr. Braverman was no longer associated with AJ
Robbins & Co and prepared documents under his own firm of which he is sole employee.
There are no disagreements with Braverman & Co nor with AJ Robbins & Co.

Part III

|Item 9. |  | Directors and Executive Officers of Registrant
|------- |  | ----------------------------------------------

The present directors and executive officers of the Company, their ages, positions held in the
Company and duration of service are as follows:

|Name 
      Philip M. Young
      David M. Young | Age
      76
      41 | Position
      President/Director
      Secretary/Director | Since
      April 1996
      April 1996
|------------------------------------------------ | --------------------- | ---------------------------------------------------------- | ---------------------------------------



|Item 10. |  | Executive Compensation
|-------- |  | ----------------------

There have been no salaries or any compensation paid to any officers or directors.

|Item 11. |  | Security Ownership of Certain Beneficial Owners and
Management.
|-------- |  | ---------------------------------------------------------------

|                           | Common Stock | Percentage
|-------------------------- | ------------ | ----------
|Philip M. Young, President | 150,000      | 30        
|David M. Young, Secretary  | 150,000      | 30        
|John Hickey, Shareholder   | 50,000       | 10        

|Item 12. |  | Certain Relationships and Related Transactions.
|-------- |  | -----------------------------------------------

There were no transactions for the fiscal year ending December 31, 1999 in
  which, to the knowledge of the Company, any director, executive officer or any
  member of the immediate family of the foregoing person, have or will have a
  direct or indirect material interest.

<PAGE> 3

**INDEX TO FINANCIAL STATEMENTS**



|                                   | **PAGE**
|---------------------------------- | --------
|Independent Auditors' Report       | F-1     
|Financial Statements:              |         
|Balance Sheet                      | F-2     
|Statements of Operations           | F-3     
|Statements of Stockholders' Equity | F-4     
|Statement of Cash Flows            | F-5     
|Notes to Financial Statements      | F-6     



INDEPENDENT AUDITORS' REPORT

**To the Board of Directors and Stockholders****Loughran/Go Corporation****Phoenix, Arizona**

We have audited the accompanying balance sheet of Loughran/Go Corporation as
  of December 31, 1999, and the related statements of operations, changes in stockholders'
  equity (deficit), and cash flows for each of the two years in the period ended
  December 31, 1999 and for the period from April 29, 1996 (inception) to December
  31, 1999. These financial statements are the responsibility of the Company's
  management. Our responsibility is to express an opinion on these financial statements
  based on our audits.

We conducted our audits in accordance with generally accepted auditing standards.  Those
standards require that we plan and perform the audit to obtain reasonable assurance about
whether the financial statements are free of material misstatement.  An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial statement
presentation.  We believe that our audits provides are a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly,
  in all material respects, the financial position of Loughran/Go Corporation.
  as of December 31, 1999, and the results of its operations and its cash flows
  for each of the two years in the period ended December 31, 1999 and for the
  period from April 29, 1996 (inception) to December 31, 1999, in conformity with
  generally accepted accounting principles.

<PAGE> 4

The accompanying financial statements have been prepared assuming the Company will
continue as a going concern.  As discussed in Note 1 to the financial statements, the Company
is in the development stage and has not commenced operations.  Its ability to continue as a
going concern is dependent upon its ability to develop additional sources of capital, and/or
achieve profitable operations. These conditions raise substantial doubt about its ability to
continue as a going concern.  The financial statements do not include any adjustments that
might result from the outcome of these uncertainties.

-----------/s/------------
  Ivan Braverman

Braverman & Company, P.C.
  Phoenix, Arizona
  June 13, 2000

F-1

**LOUGHRAN/GO
  CORPORATION****( a Development
  Stage Company)****BALANCE SHEET****December
  31, 1999**

**ASSETS**

|**TOTAL ASSETS** | **$ -**
|---------------- | -------

**LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT**

|**CURRENT LIABILITIES**                            |         
|-------------------------------------------------- | --------
|Accounts payable-trade                             | $ 2,280 
|Accounts payable-shareholder                       | 3,015   
|                                                   |         
|                                                   | $ 5,295 
|                                                   |         
|**COMMITMENTS AND CONTINGENCIES**                  |         
|                                                   |         
|**STOCKHOLDERS' EQUITY (DEFICIT)**                 |         
|                                                   |         
|Common stock, par value $.001 25,000,000 shares    |         
|authorized, 500,000 issued and outstanding         | 500     
|Paid-in capital                                    | 500     
|Contributed capital                                | 9,600   
|(Deficit) accumulated during the development stage | (15,895)
|                                                   |         
|Total Stockholders' Equity (Deficit)               | (5,295) 
|                                                   |         
|                                                   | $ -     

SEE ACCOMPANYING
  NOTES TO FINANCIAL STATEMENTS

F-2

**LOUGHRAN/GO CORPORATION****( a Development Company)****STATEMENTS OF OPERATION**

| | ******For
        the Years Ended****December
        31,** | **Cumulative
        f**rom****April
        29,****1996****(Inception)****to****December 31,****
| | ----------------------------------------------------------- | -------------------------------------------------------------------------------------------------

|                                                          | **1999**  | **1998**   | **1999**      
|--------------------------------------------------------- | --------- | ---------- | --------------
|**REVENUE**                                               | $ -       | $ -        | $ -           
|**EXPENSES**                                              |           |            |               
|General and administrative                                | 8,191     | 2,453      | 15,895        
|Total Expenses                                            | 8,191     | 2,453      | 15,895        
|                                                          |           |            |               
|**NET (LOSS)**                                            | $ (8,191) | $  (2,453) | $     (15,895)
|**NET (LOSS) PER COMMON SHARE-Basic**                     | $ (0.02)  | $   *      |               
|                                                          |           |            |               
|WEIGHTED AVERAGE NUMBER OF

**COMMON SHARES OUTSTANDING** | 500,000   | 500,000    |               
|* Less than $(.01)                                        |           |            |               

SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

F-3

**LOUGHRAN/GO
  CORPORATION****( a Development
  Company)****STATEMENTS
  OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)****FOR THE PERIOD
  FROM APRIL 29, 1996 (INCEPTION)****TO
  DECEMBER 31, 1999**

<PAGE> 6

|                                                                                           | ********Common**Shares** | ****


**Stock****Amount** | ****


      Paid-in**Capital** | ****


      Contributed**Capital** | **(Deficit)****Accumulated****During the****Development****Stage** | ****

**Total**
|------------------------------------------------------------------------------------------ | ------------------------ | -------------------------- | ------------------------------- | ----------------------------------- | ------------------------------------------------------------------ | ---------------
|**Balances, April 29, 1996**                                                               | -                        | $ -                        | $ -                             | $ -                                 | $ -                                                                | $ -            
|Issuance of stock to insiders 
      for services on May 25, 1996
      at $.002 per share | 500,000                  | 500                        | 500                             |                                     |                                                                    | 1,000          
|Contributed capital                                                                        |                          |                            |                                 | 1,759                               |                                                                    | 1,759          
|Net (loss)                                                                                 |                          |                            |                                 |                                     | (2,759)                                                            | (2,759)        
|                                                                                           |                          |                            |                                 |                                     |                                                                    |                
|Balances, December 31,
1996                                                                | 500,000                  | 500                        | 500                             | 1,759                               | (2,759)                                                            |                
|Contributed Capital                                                                        |                          |                            |                                 | 2,392                               |                                                                    | 2,392          
|Net (Loss)                                                                                 |                          |                            |                                 |                                     | (2,492)                                                            | (2,492)        
|                                                                                           |                          |                            |                                 |                                     |                                                                    |                
|Balances, December 31,
1997                                                                | 500,000                  | 500                        | 500                             | 4,151                               | (5,251)                                                            | (100)          
|Contributed capital                                                                        |                          |                            |                                 | 2,353                               |                                                                    | 2,353          
|Net (Loss)                                                                                 |                          |                            |                                 |                                     | (2,453)                                                            | (2,453)        
|                                                                                           |                          |                            |                                 |                                     |                                                                    |                
|Balances, December 31,
1998                                                                | 500,000                  | 500                        | 500                             | 6,504                               | (7,704)                                                            | (200)          
|Contributes capital                                                                        |                          |                            |                                 | 3,096                               |                                                                    | 3,096          
|Net (Loss)                                                                                 |                          |                            |                                 |                                     | (8,191)                                                            | (8,191)        
|                                                                                           |                          |                            |                                 |                                     |                                                                    |                
|Balances, December 31,
1999                                                                | 500,000                  | 500                        | 500                             | $ 9,600                             | $ (15,895)                                                         | $ (5,295)      

SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

F-4

******LOUGHRAN/GO CORPORATION****( a Development Company)****STATEMENTS OF CASH FLOWS**

| | For
        the Years Ended**December
        31,** | **Cumulative
        f**rom**
        **April 29,
        1****996****(Inception)****to**
        **December 31,********
| | --------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------

|                                              | **1999**  | **1998**  | **1999**  
|--------------------------------------------- | --------- | --------- | ----------
|**CASH FLOWS FROM OPERATION** **ACTIVITIES:** |           |           |           
|Net (loss) from operations                    | $ (8,191) | $ (2,453) | $ (15,895)
|Adjustments to reconcile net (loss) to net    |           |           |           
|Cash used by operating activities:            |           |           |           
|Common stock issued for services              |           |           | 1,000     
|Capital contributed for services              | 3,096     | 2,353     | 9,600     
|Changes in:                                   |           |           |           
|Accounts payable                              | 5,095     | 100       | 5,295     
|Net Cash (Used) by Operating Activies         | $ -       | $ -       | $ -       
|                                              |           |           |           
|**NET INCREASE IN CASH**                      |           |           |           
|CASH, beginning of period                     | $ -       | $ -       | $ -       
|CASH, end of period                           | $ -       | $ -       | $ -       











SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

F-5



<PAGE> 7

**LOUGHRAN/GO CORPORATION****(A Development Stage Company)****NOTES TO FINANCIAL
  STATEMENTS**

**NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

**History**

Loughran/Go Corporation (the Company), is in the development stage as defined in Financial
Accounting Standards Board Statement No. 7. It is a Nevada corporation, formed April 29,
1996. Since inception it has had no operations and is in the process of seeking a merger
candidate.  Its year end is December 31. Pursuant to the filing of a Form 10-SB with the
Securities and Exchange Commission, it became a reporting company in January, 2000.

**Going Concern**

The  Company's financial statements have been presented on the basis that it is a going
concern, which contemplates the realization of assets and the satisfaction of liabilities in the
normal course of business.  The Company's ability to continue in existence is dependent on its
ability to develop additional sources of capital, locate and merge with a profitable merger
candidate, or achieve profitable operations as a result of a merger.  The accompanying financial
statements do not include any adjustments that might result from the outcome of these
uncertainties.

**Income Taxes**

The Company uses the liability method of accounting for income taxes pursuant to Statement
of Financial Accounting Standards No. 109.  Under this method, deferred income taxes are
recorded to reflect the tax consequences in future periods of temporary differences between the
tax basis of assets and liabilities and their financial amounts at year end.

For income tax purposes, substantially all deductible expenses incurred to date must be
deferred until the Company commences business and then they may be charged against
operations over a 60-month period or permanently capitalized.  Since the Company is not in
business as of December 31, 1999, accumulated deductible expenses incurred since inception
of $3,280 , resulted  in a $656 deferred tax asset.  None of the $9,600 of capital contributed
through December 31, 1999, is tax deductible. A valuation allowance of $656 has been
provided since there is no assurance of future taxable income. Tax deductible losses, when
provided, can be carried forward for 20 years until utilized.

**Earnings (loss) Per Common Share**

****Loss per common share has been calculated based upon the weighted average number of
common shares outstanding during the period in accordance with the Statement of Financial
Accounting Standards Statement No. 128, "Earnings per Share".

****F-6

**LOUGHRAN/GO CORPORATION****(A Development Stage Company)****NOTES TO FINANCIAL STATEMENTS**

**Use of Estimates in the Preparation of Financial Statements**

<PAGE> 8

The preparation of financial statements in conformity with generally accepted
  accounting principles, requires management to make estimates and assumptions
  that affect the reported amounts of assets and liabilities, the disclosure of
  contingent assets and liabilities at the date of the financial statements and
  the reported amounts of revenues and expenses during the reporting periods.
  Actual results could differ from those estimates and assumptions.****

**NOTE 2 - RELATED PARTY TRANSACTIONS**

**Contributed Capital**

Capital contributed by officers and shareholders from inception through December 31, 1999,
have been expensed in the accompanying statements of operations. Capital contributions
consist of the following:****

|                                          | ******1999**         | **1998**             | **From
        Inception**
|----------------------------------------- | -------------------- | -------------------- | --------------------------
|**Cost Paid**                             | ****                 | ****                 | ****                      
|****Corporate
      reinstatement fees    | $
      350          | **$
      -**        | **$
      350**           
|Accounting fees****                       | ****300****          | ********             | 300****                   
|****                                      | ****                 | ********             |                           
|Total costs paid                          | 650****              | ********             | 650****                   
|****                                      | ****                 | ********             |                           
|Value of services:                        |                      | ****                 |                           
|Annual transfer fees                      | 286                  | **193**              | 850****                   
|****Offices,
      rent and utilities**** | ****1,200****        | ****1,200****        | ****4,500****             
|****Management****                        | ****
      960****   | ****
      960****   | ****
      3.600****      
|****                                      | ****                 | ****                 | ****                      
|**Total value of services**
      ****    | ****
      2,446**** | ****
      2,353**** | ****
      8,950****      
|****                                      | ****                 | ****                 | ****                      
|**Total Contributed Capital**             | $
      3,096        | $
      2,353        | $
      9,600             

**Common Stock**

****F-7



<PAGE> 9