U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                   FORM 10-QSB

                             Quarterly Report Under
                       the Securities Exchange Act of 1934

                        For Quarter Ended: June 30, 2001

                           Commission File No. 0-25743



                            FREEDOM GOLF CORPORATION
        (Exact name of small business issuer as specified in its charter)



                                     Nevada
         (State or other jurisdiction of incorporation or organization)

                                   91-1950699
                        (IRS Employer Identification No.)

                        7334 South Alton Way, Bldg. 14-A
                               Englewood, Colorado
                    (Address of principal executive offices)

                                      80112
                                   (Zip Code)

                                 (303) 221-0331
                           (Issuer's Telephone Number)


Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the Securities Exchange Act of 1934 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 the past 90 days:
Yes __X__ No ____.

The number of shares of the  registrant's  only class of common stock issued and
outstanding as of June 30, 2001, was 13,242,021 shares.



<PAGE>



                                     PART I


ITEM 1. FINANCIAL STATEMENTS.

     The unaudited financial statements for the nine months ended June 30, 2001,
are attached hereto.

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

     The following  discussion  should be read in conjunction with our unaudited
financial  statements and notes thereto included herein. In connection with, and
because we desires to take  advantage  of, the "safe  harbor"  provisions of the
Private  Securities  Litigation Reform Act of 1995, we caution readers regarding
certain forward looking statements in the following  discussion and elsewhere in
this report and in any other statement made by, or on our behalf, whether or not
in future filings with the Securities and Exchange  Commission.  Forward looking
statements are statements not based on historical  information  and which relate
to future  operations,  strategies,  financial  results  or other  developments.
Forward looking  statements are necessarily based upon estimates and assumptions
that are inherently  subject to significant  business,  economic and competitive
uncertainties and  contingencies,  many of which are beyond our control and many
of which,  with  respect to future  business  decisions,  are subject to change.
These  uncertainties and contingencies can affect actual results and could cause
actual results to differ  materially from those expressed in any forward looking
statements  made by, or on our behalf.  We  disclaim  any  obligation  to update
forward looking statements.

     Comparison of Results of  Operations  for the nine month periods ended June
30, 2001 and 2000

     Total revenues  increased from $101,427 in the nine month period ended June
30, 2000,  to $124,763 in 2001,  an increase of $23,336  (23%).  We believe that
this increase was  attributable  to more golfers  becoming aware of our products
line through our increased marketing efforts and new visibility, including those
professional  golfers who are using our products on the Celebrity  Players Tour.
Costs of sales were  $21,683  during the nine month  period ended June 30, 2001,
compared  to $79,138  during the similar  period in 2000,  a decrease of $57,455
(72.6%).  This was due primarily to the  significant  inventory of raw materials
available  to us at the  beginning  of the  period in  question,  which cost was
reflected in prior quarters.

     Selling,  general and administrative expenses were $524,341 during the nine
month  period  ended June 30, 2001,  compared to  $1,137,511  during the similar
period in 2000, a decrease of

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<PAGE>



$613,170  (116.9%).  This  decrease was due primarily to the issuance of 800,000
shares of common stock  during the nine month period ended June 30, 2000,  which
stock was valued at the then current  market price of $1.00.  With the exception
of these entries,  our selling,  general and administrative  expenses during the
nine month period ended June 30, 2001 remained relatively  consistent with prior
periods.

Subsequent Event

     In August 2001, we executed a letter of intent with Trinity  Golf,  Inc., a
privately held golf club manufacturer based in Tustin,  California  ("Trinity"),
providing  for us to engage in a merger with  Trinity.  The  proposed  merger is
subject  to  various  conditions,  including  continued  due  diligence  by both
parties, execution of a definitive agreement and obtaining shareholder approval.
In the event  the  proposed  merger is  successfully  consummated,  the  Trinity
shareholders  will be issued shares of our common stock equal to an 85% interest
and our name  will be  changed  to  reflect  this  transaction.  There can be no
assurances  that this  proposed  merger  will be  successfully  consummated.  If
consummated,  it is anticipated that we will increase our authorized capital, as
well as engage in a reverse  split of our issued and  outstanding  common stock,
whereby  one share of common  stock will be issued for every 8 shares  currently
outstanding.

     Additionally,  the proposed terms require that a significant portion of our
outstanding  debt owed to affiliates  and others be converted into shares of our
common  stock at a conversion  price of $.15 per share,  the market price of our
common  stock  when  the  negotiations  of  the  proposed  merger  with  Trinity
commenced.  The letter of intent  establishes  a maximum  $150,000  in  accounts
payable to be assumed by Trinity at the  closing.  We are  currently  discussing
this provision with our creditors.

     Trinity is currently  involved in the manufacturing and sale of golf clubs.
They  have   produced  and  marketed   their  golf  clubs  through  the  use  of
infomercials,  which our management  believes have been very  successful.  It is
anticipated that Trinity's  revenues derived from their  infomercials will reach
$15 million by the end of 2001.

     Upon  closing of the  proposed  merger,  Mr.  Johnson  will remain with our
company in the  capacity of executive  vice  president  and as a director.  Greg
DeBenon,  Trinity's  current  CEO,  will be appointed  CEO of our  company.  The
balance of our officers and  directors  will resign and be replaced by Trinity's
representatives. While no assurances can be provided, it is anticipated that the
proposed merger will be consummated  within the 30 day period following the date
of this Report.

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<PAGE>

LIQUIDITY AND CAPITAL RESOURCES

     At June 30, 2001, we had no cash, $793 in accounts receivable,  $188,872 in
accounts payable and $177,602 in inventory.

     Also at June 30, 2001, we had  outstanding  notes payable to  nonaffiliates
amounting  to  $369,629.  All of these  notes are due  within  one year and bear
interest at from 7.25% to 15% per annum.  In addition,  we have notes payable in
the principal amount of $73,766 due to persons and entities  affiliated with our
company. Included in these obligations are the following:

     On December  21,  2000,  Heritage  Real Estate  Development  Corp.  Defined
Benefit  Pension Plan and Trust (the  "Heritage  Trust") loaned us the principal
sum of $45,200.  The  Heritage  Trust is a pension  plan to which John Arney,  a
director of our company, is trustee and beneficiary.  This loan accrued interest
at the rate of 15% per annum and was due December 21, 2000. The applicable  loan
provided for a conversion feature,  wherein the loan was convertible into shares
of our common  stock at a  conversion  price of $1.20 per share.  On October 16,
2000, we  renegotiated  the terms of this loan. As a result,  the Heritage Trust
currently  holds two  separate  notes.  One note is in the  principal  amount of
$40,000,  which is secured by 25 complete  regulation  sets of graphite  Freedom
golf clubs  including  logo head  covers  and is  personally  guaranteed  by our
President,  Gaylen Johnson. This note was due March 6, 2001 and accrues interest
at the  rate of 15% per  annum,  except  in the  event  of a  default,  when the
interest rate increases to 18% per annum.  Relevant thereto,  a revised note was
written  to show an  interest  increase  to 18% per  annum and a new due date of
September  15,  2001.  As  additional  consideration,  during the  period  ended
December 31, 2000,  we issued a stock option in favor of Heritage  Trust whereby
it has the option to purchase  266,667 shares of our common stock at an exercise
price of $.15 per share through December 3, 2003.

     The second  note  related to this  refinancing  is in the amount of $10,850
which is the balance of the principal and interest amount due under the original
$45,200  note.  $40,000 of the  original  note of $45,200 was repaid to Heritage
Trust in November 2000,  leaving a balance due of $10,850,  including  $5,200 in
principal plus $5,650 in interest.  This note also accrues  interest at the rate
of 15% per annum,  with a default  interest rate of 18% per annum.  This note is
not secured but is guaranteed by our President,  Gaylen  Johnson.  This note was
due February 15, 2001, and was revised and extended to September 15, 2001.

     The third note was issued in December 1999, when John Arney,  individually,
loaned us the principal amount of $20,000, which accrues interest at the rate of
10% per annum with a default  interest rate of 18% per annum.  This note was due
January 17, 2000, and has been extended to September 15, 2001.


                                        4

<PAGE>

     At June 30, 2001, we had outstanding cash working capital advances from our
President's  personal line of credit with his bank amounting to $49,927.  We pay
interest due to the bank on the line of credit with no additional interest being
paid to the President. In addition, our President, Gaylen Johnson, individually,
has two personal loans to us. One note is for $5,500 dated October 29, 1998, and
the other for $10,000  dated August 9, 1999.  Both loans accrue  interest at the
rate of 10% and Mr.  Johnson  has agreed to extend both loans until such time as
we are in a  position  to repay the  notes.  As of June 30,  2001,  we also have
accrued $291,261 in past due salaries due to Mr. Johnson.

     Our management  has recognized  that, in order to allow us to implement our
business  strategy  discussed  in our Form  10-KSB  for our  fiscal  year  ended
September 30, 2000, as filed with the US Securities and Exchange Commission,  it
will be  necessary  for us to raise  additional  equity  capital  of at least $2
million in addition to the funds recently  raised by us.  Relevant  thereto,  in
February 2001, we commenced a self-underwritten, "best efforts" private offering
of convertible debentures,  each debenture convertible into shares of our common
stock at a conversion price of $.50 per share. The debentures accrue interest at
the rate of 15% per annum and are due 18 months from receipt and  acceptance  by
us of the relevant  subscription.  As of the date of this Report, we have raised
$75,000 in this  Offering,  but do not expect to raise any  additional  funds in
this  Offering  due to current  market  conditions,  including  the price of our
common stock. We are currently exploring other available funding  opportunities,
but as of the date of this Report,  no definitive  agreement or arrangement  has
been reached with any person or entity, who has agreed to provide funding to us.
However,  in the event the proposed  Trinity  transaction  described  above does
close,  our need to raise  additional  funds to finance  our  operations  is not
expected to be as critical as this need is currently.

     We intend to continue our discussions with investment bankers and others to
provide or assist in providing additional financing.  However, as of the date of
this Report,  we do not have any written  commitments for any financing,  and no
assurance can be given that we will obtain any such financing. Failure to obtain
additional  capital into our company will force  management  to reduce  expense,
which may affect our  ability to  implement  our  business  plan.  If we are not
successful, it is doubtful that we will be able to survive and we will be forced
to liquidate.

TRENDS

     Because of the  difficulty we have been  experiencing  in raising  capital,
implementation  of our  business  plan  has  been  delayed.  In  spite  of  this
difficulty, we previously anticipated that our revenues would increase beginning
in February  2001,  which  increase we believe is reflected in the total revenue
increase which we

                                       5

<PAGE>

experienced  during the nine month  period  which ended June 30,  2001.  Without
consideration  for the  proposed  merger  with  Trinity  discussed  above  under
"Subsequent  Events" and while no assurances can be so provided,  we believe our
revenue flow will be inconsistent  through  October 2001 but further  anticipate
that our revenues will again increase  beginning in November 2001,  subject to a
variety of factors,  including the receipt of additional  equity or debt funding
and as a result of our  completing a 30 minute  infomercial  for our Freedom 345
golf club,  which could begin  airing in certain  segments of the US as early as
November  1, 2001.  These  factors  also  include  our  expectation  that market
acceptance  for our concept in golf clubs will continue to grow.  Our success is
dependent upon our ability to finance our proposed operations,  either with debt
or equity.

     We also understand that new designs and changes from  traditional  lines of
golf clubs may meet with consumer  rejection.  We have planned our manufacturing
capabilities  based upon our forecasted  demand for our products.  Actual demand
for such products may exceed or be less that our  forecasted  demand.  If we are
unable to  produce  sufficient  quantities  of our golf clubs in time to fulfill
actual  demand,  such  inability  may limit our sales and  adversely  affect our
financial performance.

INFLATION

     Although our operations are influenced by general economic  conditions,  we
do not believe that inflation had a material affect on the results of operations
during the nine month period ended June 30, 2001.

                           PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

     We have been named as a defendant in several  lawsuits in the normal course
of our business and one judgement  has been entered  against us in the amount of
$10,063.  In the opinion of  management,  after  consulting  with legal counsel,
these liabilities, if any, resulting from these matters will not have a material
effect on our financial statements.

     In addition, we are aware of one matter which may lead to litigation in the
future.  In May 2000,  we entered into a settlement  agreement  and release with
Boulder  Marketing  Agency,  Inc. and J. Kevin  Weinhoeft  (hereinafter  jointly
referred to as "BMA"),  whereby,  in full settlement of various claims,  BMA did
agree to return to us  1,020,000  shares  of our  common  stock and we agreed to
issuance to BMA 70,000 shares of our common stock and payment of an aggregate of
$50,000 upon receipt by us of equity or debt financing in excess of $50,000.  We
had previously paid $10,000 on this obligation, despite the fact that we had not

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<PAGE>


concluded any financings  prior to issuance of the aforesaid  payment.  However,
despite  this good  faith  payment,  BMA has  failed  to  deliver  the  relevant
1,020,000  shares  back to us. All  references  in this Report to our issued and
outstanding common shares include these 1,020,000 shares.

ITEM 2. CHANGES IN SECURITIES.

     During the three month period  ended June 30, 2001,  we issued an aggregate
of $30,000 in convertible  debentures pursuant to the private offering described
in Part I, Item 2, above,  to five persons.  We relied upon the  exemption  from
registration provided by Section 4/2 and/or Regulation D, each promulgated under
the Securities Act of 1933, as amended, to issue these securities.

     We did not issue any  additional  securities  during the three month period
ended June 30, 2001.

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 -

     (a) Exhibits - none

     (b) Reports on Form 8-K

         None

                                        7

<PAGE>


                            Freedom Golf Corporation
                                  Balance Sheet
                                  JUNE 30, 2001
                                   (Unaudited)

                                      ASSETS
                                      ------                     June 30,
                                                                   2001
                                                                -----------
Current assets:
  Accounts receivable - trade                                   $       793
  Inventory                                                         177,602
                                                                -----------
      Total current assets                                          178,395

Property and equipment, at cost, net of
  accumulated depreciation of $10,124                                 7,274

Deposit                                                               2,000
Patents, net of accumulated amortization of $19,447                  80,553
                                                                -----------
                                                                $   268,222
                                                                ===========
LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
  Note payable - bank                                           $    13,042
  Notes payable - others                                            369,629
  Notes payable - related party                                      73,766
  Accounts payable - trade                                          188,872
  Advances from officer                                              49,927
  Accrued salaries                                                  291,261
  Accrued interest - related party                                    5,632
  Accrued expenses                                                   42,734
                                                                -----------
      Total current liabilities                                   1,034,863

Stockholders' equity:
 Common stock, $.001 par value,
  50,000,000 shares authorized,
  13,242,021 shares issued and outstanding                           13,242
 Additional paid-in capital                                       2,261,432
 Unearned services                                                 (187,500)
 Accumulated deficit                                             (2,853,815)
                                                                -----------
                                                                   (766,641)
                                                                -----------
                                                                $   268,222
                                                                ===========




            See accompanying notes to unaudited financial statements.

                                       8

<PAGE>

<TABLE>

                            Freedom Golf Corporation
                            Statements of Operations
            Three Months and Nine Months Ended June 30, 2001 and 2000
                                   (Unaudited)

<CAPTION>
                                                      Three Months Ended      Nine Months Ended
                                                           June 30,               June 30,
                                                      2001        2000        2001        2000
                                                   ----------  ----------  ----------  -----------
<S>                                                <C>         <C>         <C>         <C>
Sales, net                                         $   17,879  $   64,745  $  124,763  $   101,427
Cost of sales                                           1,849      56,073      21,683       79,138
                                                   ----------  ----------  ----------  -----------
Gross profit                                           16,030       8,672     103,080       22,289

Selling, general and administrative expenses          262,753     143,003     524,341    1,137,511
                                                   ----------  ----------  ----------  -----------
Income (loss) from operations                        (246,723)   (134,331)   (421,261)  (1,115,222)

Other income and (expense):
  Interest expense                                    (31,106)     (6,001)    (44,043)     (19,652)
  Other income                                              2           4          69           70
                                                   ----------  ----------  ----------  -----------
                                                      (31,104)     (5,997)    (43,974)     (19,582)

Income (loss) before income taxes                    (277,827)   (140,328)   (465,235)  (1,134,804)
Provision for income taxes                                  -           -           -            -
                                                   ----------  ----------  ----------  -----------

Net income (loss)                                  $ (277,827) $ (140,328) $ (465,235) $(1,134,804)
                                                   ==========  ==========  ==========  ===========


Basic and fully diluted earnings (loss) per share:
 Net income (loss)                                 $    (0.02) $    (0.01) $    (0.04) $     (0.09)
                                                   ==========  ==========  ==========  ===========

 Weighted average shares outstanding               13,242,021  12,643,206  13,256,611   12,207,873
                                                   ==========  ==========  ==========  ===========




            See accompanying notes to unaudited financial statements.

</TABLE>



                                       9

<PAGE>


                            Freedom Golf Corporation
                            Statements of Cash Flows
                    Nine Months Ended June 30, 2001 and 2000
                                   (Unaudited)

                                                         Nine Months Ended
                                                              June 30,
                                                        2001          2000
                                                     ----------   -----------

Net income (loss)                                    $ (465,235)  $(1,134,804)
  Adjustments to reconcile net income (loss) to net
   cash provided by operating activities:
  Common stock issued for services                            -       807,500
   Depreciation and amortization                          7,497         6,283
   Interest added to loan balance                         8,566             -
  Changes in assets and liabilities:
    (Increase) decrease in accounts receivable              972       (11,864)
    (Increase) decrease in inventory                    (74,508)      (64,992)
    (Increase) decrease in prepaid expenses              38,800       (28,250)
    Increase (decrease) in accounts payable             107,762        58,860
    Increase (decrease) in accrued salaries             (13,239)       54,000
    Increase (decrease) in accrued expenses              28,216         8,066
                                                     ----------   -----------
       Total adjustments                                104,066       829,603
                                                     ----------   -----------
  Net cash provided by
   operating activities                                (361,169)     (305,201)
                                                     ----------   -----------

Cash flows from investing activities:
  Purchase of fixed assets                                 (749)       (4,709)
                                                     ----------   -----------
  Net cash (used in)
   investing activities                                    (749)       (4,709)

Cash flows from financing activities:
   Common stock sold for cash                           117,623       230,600
   Repayment of bank loan                                (4,103)       19,546
   Proceeds from notes payable                          232,801       129,570
   Repayment of notes payable                                 -       (70,052)
                                                     ----------   -----------
  Net cash (used in)
   financing activities                                 346,321       309,664
                                                     ----------   -----------

Increase (decrease) in cash                             (15,597)         (246)
Cash and cash equivalents,
 beginning of period                                     15,597           246
                                                     ----------   -----------
Cash and cash equivalents,
 end of period                                       $        -   $         -
                                                     ==========   ===========



            See accompanying notes to unaudited financial statements.


                                       10

<PAGE>


                            Freedom Golf Corporation
                     Notes to Unaudited Financial Statements
                                  June 30, 2001

The accompanying unaudited financial statements have been prepared in accordance
with generally accepted accounting  principles for interim financial information
and with the provisions of Regulation SB.  Accordingly,  they do not include all
of the  information  and  footnotes  required by generally  accepted  accounting
principles for complete financial statements. In the opinion of management,  all
adjustments  (consisting of normal recurring  adjustments)  considered necessary
for a fair presentation have been included. These financial statements should be
read in conjunction  with  information  provided in the Company's report on Form
10-K for the year ended September 30, 2000.

The  results  of  operations  for the  periods  presented  are  not  necessarily
indicative of the results to be expected for the full year.

Income (loss) per share was computed using the weighted average number of common
shares outstanding.

Additionally during the quarter,  the Company received gross proceeds of $30,000
from the issuance of 15% Convertible Debentures.






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<PAGE>


                                   SIGNATURES


     Pursuant to the  requirements  of Section 12 of the Securities and Exchange
Act of 1934,  the  Registrant  has duly  caused  this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                                       FREEDOM GOLF CORPORATION
                                       (Registrant)

                                       Dated:  August 15, 2001


                                       By:s/ Gaylen P. Johnson
                                          ---------------------------------
                                          Gaylen P. Johnson, President





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