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, 2002

                           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.)

                              7308 S. Spruce Street
                            Englewood, Colorado 80112
                            -------------------------
                    (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 August 16, 2002, was 13,971,542 shares.


<PAGE>



                                     PART I

ITEM 1. FINANCIAL STATEMENTS.

     Our unaudited financial statements for the nine months ended June 30, 2002,
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 desire 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.

RESULTS OF OPERATIONS

     Comparison of Results of  Operations  for the nine month periods ended June
30, 2002 and 2001.

     Total revenues  decreased from $124,763 in the nine month period ended June
30, 2001,  to $13,886 in 2002, a decrease of $110,877  (88.9%).  We believe that
this  decrease  was  attributable  to the fact  that we have not  completed  our
infomercial  for our Freedom  345 golf club.  We had put the  completion  of the
infomercial on hold until the prospective merger between our company and Trinity
Golf, Inc. ("Trinity"),  was either completed or abandoned. Until this occurred,
we put all  marketing  efforts on hold,  principally  because we had ceased fund
raising  activities  and had no available  capital with which to undertake  such
marketing  activities.  As of the date of this Report,  the proposed merger with
Trinity has been  abandoned as a result of our being  notified by the Securities
and Exchange  Commission that the Securities and Exchange Commission intended to
recommend  that a civil  action be  commenced  against  us and  Gaylen  Johnson,
individually, our President. The

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<PAGE>



SEC is  alleging  that both we and Mr.  Johnson  have  violated  the  anti-fraud
provisions included under the Securities Act of 1933, as amended.  See "Part II,
Item 1, Legal  Proceedings"  below.  As a direct result of this pending  matter,
management  of Trinity has notified us that they do not wish to proceed with the
proposed merger. See "Liquidity and Capital Resources" below for a discussion of
what we  intend  to do in the  future  as a  result  of the  termination  of the
proposed Trinity merger.

     Costs of sales were  $7,271  during the nine  month  period  ended June 30,
2002,  compared  to $21,683  during the  similar  period in 2001,  a decrease of
$14,412 (66.7%).  This was due primarily to the decrease in marketing efforts as
described above.

     Selling,  general and administrative expenses were $171,116 during the nine
month period ended June 30, 2002, compared to $524,341 during the similar period
in 2001, a decrease of $353,225  (67.4%).  This  decrease was due primarily to a
decrease in advertising and promotion expense, payroll expense and rent, but was
offset by our incurring  increased  legal fees  relating to the proposed  merger
with Trinity,  which fees were generated  primarily in the last calendar quarter
of 2001. Our management has attempted to limit our  administrative  expenses due
to our severe lack of working  capital by moving our  operations  to the home of
Mr. Johnson and otherwise curtail spending.

LIQUIDITY AND CAPITAL RESOURCES

     At June 30, 2002,  we had $983 in cash.  We had  approximately  $177,689 in
inventory and $308 in accounts  receivable.  Our accounts  receivable  decreased
from the six month  period ended March 31, 2002 as a result of the return of our
inventory  which we had shipped to Trinity in  contemplation  of completing  the
merger. Other than approximately  $16,000 in additional golf club parts, we have
no other material assets, other than our intellectual properties.

     At June 30, 2002, we had outstanding  notes payable to nonaffiliates in the
principal  amount of  $364,188.  All of these  notes are due within one year and
bear interest at from 7.25% to 15% per annum.  We have  accounts  payable due in
the amount of $356,481. In addition,  there is an aggregate principal balance of
$165,679 due to Mr.  Johnson,  our President and John Arney a former officer and
director  who  resigned  his  positions  with our  Company in June  2002.  These
obligations include the following:

     On December  21,  1999,  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,
Secretary and 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

                                        3

<PAGE>



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  for the  renegotiated
loan,  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, was revised and extended to September 15, 2001.

     Additionally,  on December 17, 1999, Heritage Trust loaned us the principal
amount of $20,000,  which  accrued  interest at the rate of 10% per annum with a
default  interest rate of 18% per annum.  This note was due January 17, 2000. On
June 1, 2001, this loan was  renegotiated and a new note issued in the principal
amount of $22,916,  representing the original principal amount of $20,000,  plus
interest  to June 1,  2001 at the rate of 10% per  annum.  The June 1, 2001 note
bears interest at the rate of 15% per annum and had a maturity date of September
15, 2001. As additional  consideration  for the  renegotiated  loan,  during the
period ended  December  31, 2000,  we issued a stock option in favor of Heritage
Trust whereby it has the option to purchase  152,773  shares of our common stock
at an exercise price of $.15 per share through December 3, 2003.

     No formal extension of the aforesaid notes has been executed as of the date
of this Report.  However,  we have reached a verbal  agreement  with Mr.  Arney,
wherein he has agreed to extend both notes  under the same terms and  conditions
as existed prior to the maturity date of each note until September 30, 2002.


                                        4

<PAGE>



     In  addition,  our  President,  Gaylen  Johnson,  individually,  has  three
personal  loans to us. One note is for $5,500 dated  October 29,  1998,  one for
$10,000 dated August 9, 1999 and the third in the  principal  amount of $50,000,
dated September 3, 2000,  which Mr. Johnson  obtained through his line of credit
with Key Bank. Since September 3, 2000, we have repaid the interest on this loan
directly to Key Bank. In addition,  the amount of $17,726 has been deducted from
the principal  balances due Mr. Johnson as a result of certain  advances made to
him by us. All of these loans  accrue  interest at the rate of 10% per annum and
Mr.  Johnson  has agreed to extend  these  loans  until such time as we are in a
position to repay the notes. If we are unable to secure financing, we may not be
able to continue to service the  interest  payment due Key Bank.  As of June 30,
2002, we also have accrued $323,747 in past due salaries due to Mr. Johnson.

     In order to  successfully  implement  our  business  plan,  our  management
believes that it will be necessary for us to raise additional  equity capital of
up  to  $2  million.   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.

     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 further  reduce
expense,  if possible,  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 experienced  during the nine month period which ended June 30,
2001. We believe our revenue flow will continue to be inconsistent through 2002,
but we  anticipate  that our  revenues  will  increase in the summer and fall of
2002, if we are able to secure adequate funding for our operations, complete and
air our 30 minute  infomercial  for our Freedom 345 golf club,  and our products
are accepted by the golfing  market.  Each of these  assumptions  are subject to
numerous  contingencies  and our actual  results  will  likely  differ  from our
expectations, which differences could be material.


                                        5

<PAGE>



     In addition to the above  risks,  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 our results of operations
during the nine month period ended June 30, 2002.

                           PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.

     In April 2002, we were advised by the staff at the Miami, Florida office of
the  Securities  and Exchange  Commission  that it intended to recommend  that a
civil  action be  commenced  against us and Gaylen  Johnson,  individually,  our
President.  The SEC is alleging  that both we and Mr.  Johnson have violated the
anti-fraud  provisions  included  under the  Securities Act of 1933, as amended.
These  allegations  relate to  various  "A"  Warrants  which were  exercised  to
purchase  shares of our common stock in 2000. As of the date of this Report,  we
are  engaged in  settlement  discussions  with the SEC's  Miami  office,  but no
definitive  settlement  arrangement  has  been  reached  and  there  can  be  no
assurances that such a settlement will be successfully  reached in the immediate
future.  Based upon the  information  currently  available to us, it is both our
position and Mr.  Johnson's  opinion that the  allegations are without merit and
would be vigorously defended,  if we had sufficient capital available to be able
to pay attorneys to represent us, which we do not. Based upon our  conversations
with the SEC, our total exposure in this matter is approximately  $170,000,  the
amount which we received from the exercise of the aforesaid warrants.

     We are unaware of any other threatened or pending matters against us.

ITEM 2. CHANGES IN SECURITIES - None

ITEM 3. DEFAULTS UPON SENIOR SECURITIES - NONE

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


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<PAGE>



     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


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<PAGE>




                            Freedom Golf Corporation
                                  Balance Sheet
                                  June 30, 2002
                                   (Unaudited)

                          ASSETS                                 June 30,
                          ------                                   2002
                                                               -----------
Current assets:
  Cash                                                         $       983
  Accounts receivable - trade, net of $500 bad debt reserve            308
  Other Accounts Receivable                                             --
  Inventory                                                        177,689
  Deposit                                                               --
                                                               -----------
      Total current assets                                         178,981
                                                               -----------

Property and equipment, at cost, net of
  accumulated depreciation of $12,859                                4,216


Patents, net of accumulated amortization of $26,115                 73,885
                                                               -----------
                                                               $   257,081
                                                               ===========
            LIABILITIES AND STOCKHOLDERS' EQUITY
            ------------------------------------

Current liabilities:
  Note payable - bank                                          $     7,196
  Notes payable - others                                           356,992
  Notes payable - related party                                    113,766
  Accounts payable - trade                                         356,481
  Advances from officer                                             52,682
  Advances from affiliate
  Accrued salaries -officer                                        323,747
  Accrued interest - related party                                  16,697
  Accrued interest                                                  78,592
  Accrued expenses                                                   8,797
                                                               -----------
      Total current liabilities                                  1,314,950

Stockholders' equity:
 Common stock, $.001 par value,
  50,000,000 shares authorized,
  13,971,542 shares issued and outstanding                          13,912
 Additional paid-in capital                                      2,406,802
 Unearned services                                                (237,500)
 Accumulated deficit                                            (3,241,081)
                                                               -----------
                                                                (1,057,868)
                                                               -----------
                                                               $   257,081
                                                               ===========

            See accompanying notes to unaudited financial statements.

                                       8
<PAGE>

<TABLE>

                            Freedom Golf Corporation
                            Statements of Operations
            Three Months and Nine Months Ended June 30, 2002 and 2001
                                   (Unaudited)

<CAPTION>
                                                          Three Months Ended          Nine Months Ended
                                                                June 30,                   June 30,
                                                         2002           2001          2002           2001
                                                     -----------    -----------    ----------     ----------
<S>                                                  <C>            <C>            <C>            <C>
Sales, net                                           $     8,204    $    17,879    $    13,886    $  124,763
Cost of sales                                              2,672          1,849          7,271        21,683
                                                     -----------    -----------    ----------     ----------
Gross profit                                               5,532         16,030          6,615       103,080

Selling, general and administrative expenses              43,305        262,753        171,116       524,341
                                                     -----------    -----------    -----------    ----------
Income (loss) from operations                            (37,773)      (246,723)      (164,501)     (421,261)

Other income and (expense):
  Interest expense                                       (15,893)       (31,106)       (46,383)      (44,043)
  Other income                                                 0              2              6            69
                                                     -----------    -----------    -----------    ----------
                                                         (15,893)       (31,104)       (46,377)      (43,974)

Income (loss) before income taxes                        (53,666)      (277,827)      (210,878)     (465,235)
Provision for income taxes                                    --             --             --            --
                                                     -----------    -----------    -----------    ----------

Net income (loss)                                    $   (53,666)   $  (277,827)   $  (210,878)   $ (465,235)
                                                     ===========    ===========    ===========    ==========

Basic and fully diluted earnings (loss) per share:
 Net income (loss)                                   $     (0.00)   $     (0.02)   $     (0.02)   $    (0.04)
                                                     ===========    ===========    ===========    ==========

 Weighted average shares outstanding                  13,971,542     13,242,021     13,931,542    13,256,611
                                                     ===========    ===========    ===========    ==========
</TABLE>

            See accompanying notes to unaudited financial statements.

                                       9
<PAGE>


                            Freedom Golf Corporation
                            Statements of Cash Flows
                    Nine Months Ended June 30, 2002 and 2001
                                   (Unaudited)

                                                         Nine Months Ended
                                                              June 30,
                                                           2002        2001
                                                       ---------    ---------

Net income (loss)                                      $ (53,665)   $(465,235)
  Adjustments to reconcile net income (loss) to net
   cash provided by operating activities:
  Common stock issued for services                            --           --
   Depreciation and amortization                           1,754        7,497
   Interest added to loan balance                             --        8,566
Changes in assets and liabilities:
    (Increase) decrease in accounts receivable                (0)         972
    (Increase) decrease in other accounts receivable      57,491           --
    (Increase) decrease in inventory                    (161,728)     (74,508)
    (Increase) decrease in prepaid expenses                   --       38,800
    Increase (decrease) in accounts payable              126,219      107,762
    Increase (decrease) in accrued salaries               18,000      (13,239)
    Increase (decrease) in accrued expenses               13,747       28,216
                                                       ---------    ---------
       Total adjustments                                  55,482      104,066
                                                       ---------    ---------
  Net cash provided by
   operating activities                                    1,817     (361,169)
                                                       ---------    ---------

Cash flows from investing activities:
  Purchase of fixed assets                                (1,447)        (749)
                                                       ---------    ---------
  Net cash (used in)
   investing activities                                   (1,447)        (749)

Cash flows from financing activities:
   Common stock sold for cash                             (5,501)     117,623
   Repayment of bank loan                                 (1,403)      (4,103)
   Proceeds from notes payable                               386      232,801
   Repayment of notes payable                              3,054           --
                                                       ---------    ---------
  Net cash (used in)
   financing activities                                   (3,464)     346,321
                                                       ---------    ---------

Increase (decrease) in cash                               (3,094)     (15,597)
Cash and cash equivalents,
 beginning of period                                       4,077       15,597
                                                       ---------    ---------
Cash and cash equivalents,
 end of period                                         $     983    $      --
                                                       =========    =========

            See accompanying notes to unaudited financial statements.

                                       10
<PAGE>


                            Freedom Golf Corporation
                     Notes to Unaudited Financial Statements
                                  June 30, 2002

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, 2001.

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.




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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 16, 2002


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




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