SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

                   Quarterly Report Under Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

                         Quarter Ended October 31, 2001

                         Commission File Number 0-30987


                        Advanced Technologies Group, Ltd.
             (Exact name of Registrant as specified in its Charter)


                Nevada                                         80-0987213
    (State or other jurisdiction of                         (I.R.S. Employer
     incorporation or organization)                       Identification Number)


  32 Broadway, 4th Floor, New York, NY                           10004
(Address of principal executive offices)                       (Zip Code)

40 Exchange Place, 15th Floor, New York, NY                      10005
          (Former Address)                                     (Zip Code)

                                 (212) 968-0941
              (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), and (2) has been subject to such filing
requirements for the past 90 days. YES [ ] NO [X]

Indicate the number of Shares outstanding of each of the Issuer's classes of
common stock, as of the latest practicable date.

            Class                                Outstanding at October 31, 2001
Common stock, $0.0001 par value                            7,782,102
<PAGE>
                                TABLE OF CONTENTS


Item                                                                    Page
----                                                                    ----

INDEX                                                                     2


Part 1. Financial information                                             3

Item 1. Condensed Consolidated Financial Statements:

     Balance sheet as of October 31, 2001 and January 31, 2001            4

     Statement of income  (loss) for nine months ended October 31, 2001
     and 2000                                                             5

     Statement of cash flows for nine months ended October 31, 2001
     and 2000                                                             6

     Statement of changes in shareholders equity for the nine months
     ended October 31, 2001                                               7

     Notes to condensed consolidated financial statements              8 to 9

Item 2. Management's discussion and analysis of financial condition       10

Part II. Other information                                                13

Signatures                                                                14

Certifications                                                            15

                                       2
<PAGE>
                          PART I: FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

The following unaudited consolidated financial statements have been prepared by
Advanced Technologies Group, Ltd. (the "Company" or "ATG") pursuant to the rules
and regulations of the Securities and Exchange Commission promulgated under the
Securities Exchange Act of 1934 as amended. Certain information and footnote
disclosures normally included in financial statements prepared in accordance
with generally accepted accounting principals have been condensed or omitted
pursuant to such rules and regulations. In the opinion of the Company's
management, the consolidated financial statements include all adjustments
(consisting only of adjustments of a normal, recurring nature) necessary to
present fairly the financial information set forth herein.

                                       3
<PAGE>
                        Advanced Technologies Group, Ltd.
                            Unaudited Balance Sheets
                   As of October 31, 2001 and January 31, 2001

<TABLE>
<CAPTION>
                                                                31-Oct-01         31-Jan-01
                                                                ---------         ---------
<S>                                                            <C>               <C>
ASSETS

Current assets:
   Cash & interest bearing deposits                            $   740,398       $    18,573
                                                               -----------       -----------

Total current assets                                               740,398            18,573

Other assets:
   Office & computer equipment                                     173,529           139,249
   Software development costs                                    1,689,446         1,027,962
   Accumulated depreciation                                       (186,040)          (73,775)
                                                               -----------       -----------
Net property and equipment                                       1,676,935         1,093,436

   Receivable from shareholder                                      63,251            61,575
   Security deposit                                                 45,000                 0
   Trademarks & patents (net of amortization)                       11,715            10,615
                                                               -----------       -----------

      Total assets                                             $ 2,537,299       $ 1,184,199
                                                               ===========       ===========

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:
   Accounts payable & accrued expenses                         $    13,071       $    82,401
   Shareholder payable                                                   0            85,000
   Debentures payable (net of unamortized discount)                      0           172,107
                                                               -----------       -----------

Total current liabilities                                           13,071           339,508

Shareholders' equity:
   Common stock- $.0001 par value, authorized 100,000,000
    shares, issued and outstanding, 7,782,102                        1,305             1,239
   Additional paid in capital                                    5,938,265         3,898,226
   Accumulated deficit during the development stage             (3,415,342)       (3,054,774)
                                                               -----------       -----------
      Total shareholders' equity                                 2,524,228           844,691
                                                               -----------       -----------

      Total Liabilities & Shareholders' Equity                 $ 2,537,299       $ 1,184,199
                                                               ===========       ===========
</TABLE>
              See accompanying notes to these financial statements.

                                       4
<PAGE>
                        Advanced Technologies Group, Ltd.
                       Unaudited Statements of Operations
                       For the Nine and Three Months Ended
                      October 31, 2001 and October 31, 2000

<TABLE>
<CAPTION>
                                              Nine months       Nine months       Three months      Three months
                                               31-Oct-01         31-Oct-00         31-Oct-01         31-Oct-00
                                              -----------       -----------       -----------       -----------
<S>                                           <C>               <C>               <C>               <C>
Revenues:
  Gross Sales                                 $   124,039       $         0       $   115,625       $         0
  Less cost of sales                              (87,308)                0           (69,305)                0
                                              -----------       -----------       -----------       -----------

     Gross profit on sales                         36,731                 0            46,320                 0

General and administrative expenses:
  Salaries and benefits                            82,912           120,622            78,829            46,732
  Rent & utilities                                 54,921            36,605            21,525             9,900
  Consulting & professional fees                   92,159           253,906            (8,020)           41,599
  General administration                           64,392            94,474            40,414            30,791
  Communication costs                              58,533            33,348            21,432            14,301
  Amortization                                        400                 0            (2,817)                0
  Depreciation                                     24,957            20,688            11,291            20,688
                                              -----------       -----------       -----------       -----------

     Total costs and operating expenses           378,274           559,643           162,654           164,011

Net loss from operations                         (341,543)         (559,643)         (116,334)         (164,011)

Other revenues and expenses:
  Consulting fees                                  11,250                 0             6,250                 0
  Interest income                                   2,050             9,053               199             1,780
  Interest expense                                (32,325)                0            (5,513)                0
                                              -----------       -----------       -----------       -----------

Net income before provision for income taxes     (360,568)         (550,590)         (115,398)         (162,231)

Provision for income taxes                              0                 0                 0                 0
                                              -----------       -----------       -----------       -----------

Net loss                                      $  (360,568)      $  (550,590)      $  (115,398)      $  (162,231)
                                              ===========       ===========       ===========       ===========
Loss per common share:
  Basic & fully diluted                       $     (0.05)      $     (0.07)      $     (0.01)      $     (0.02)

Weighted average of common shares:
  Basic & fully diluted                         7,782,102         7,782,102         7,782,102         7,782,102
</TABLE>
              See accompanying notes to these financial statements.

                                       5
<PAGE>
                        Advanced Technologies Group, Ltd.
                       Unaudited Statements of Cash Flows
         For the Nine Months Ended October 31, 2001 and October 31, 2000

<TABLE>
<CAPTION>
                                                          31-Oct-01         31-Oct-00
                                                          ---------         ---------
<S>                                                      <C>               <C>
Operating Activities:
  Net loss                                               $  (360,568)      $  (550,590)
  Adjustments to reconcile net income items
   not requiring the use of cash:
     Depreciation                                            112,265            20,688
     Amortization                                              3,293                 0
     Interest income                                          (1,676)             (875)

Changes in other operating assets and liabilities :
  Prepaid expenses                                                 0            (3,852)
  Accounts payable & accrued expenses                        (47,190)            2,082
                                                         -----------       -----------

Net cash used by operations                                 (293,876)         (532,547)

Investing Activities:
  Security deposit on office space                           (45,000)                0
  Legal fees for patent/trademark                             (1,500)           (1,025)
  Purchase of computer server                                (34,280)                0
  Software development costs capitalized                    (661,484)          (56,228)
                                                         -----------       -----------

Net cash used by investing activities                       (742,264)          (57,253)

Financing Activities:
  Subscriptions received                                   1,990,670            15,000
  Placement fees paid                                       (147,705)                0
  Shareholder advances paid                                  (85,000)          (60,000)
                                                         -----------       -----------

Net cash provided by financing activities                  1,757,965           (45,000)
                                                         -----------       -----------

Net decrease in cash during the period                       721,825          (634,800)

Cash balance at beginning of the fiscal year                  18,573           636,584
                                                         -----------       -----------

Cash balance at end of the period                        $   740,398       $     1,784
                                                         ===========       ===========

Supplemental disclosures of cash flow information:
  Interest paid during the period                        $         0       $         0

  Income taxes paid during the period                    $         0       $         0
</TABLE>
              See accompanying notes to these financial statements.

                                       6
<PAGE>
                        Advanced Technologies Group, Ltd.
             Unaudited Statement of Changes in Shareholders' Equity
                   For the Nine Months Ended October 31, 2001

<TABLE>
<CAPTION>
                                     Common        Common       Additional      Accumulated
                                     Shares        Amount     Paid in Capital     Deficit         Total
                                     ------        ------     ---------------     -------         -----
<S>                                <C>           <C>           <C>             <C>             <C>
Balance at January 31, 2001         7,782,102     $ 1,239       $3,898,226      ($3,054,774)    $  844,691

Subscriptions received                                           1,842,965                       1,842,965

Conversion of debentures to stock      66,208          66          197,074                         197,140

Net loss for the period                                                            (360,568)      (360,568)
                                   ----------     -------       ----------      -----------     ----------

Balance at July 31, 2001            7,848,310     $ 1,305       $5,938,265      ($3,415,342)    $2,524,228
                                   ==========     =======       ==========      ===========     ==========
</TABLE>

              See accompanying notes to these financial statements.

                                       7
<PAGE>
                        Advanced Technologies Group, Ltd.
                  Notes to the Financial Statements (Unaudited)


1. ORGANIZATION OF THE COMPANY AND SIGNIFICANT ACCOUNTING PRINCIPLES

Advanced Technologies Group, Ltd. (the Company), formerly SeventhCai, Inc., was
incorporated in the State of Nevada in February 2000. In January 2001, the
Company changed its name to Advanced Technologies Group, Ltd., and purchased
100% of the issued and outstanding shares of FX3000, Inc. (formerly Oxford
Global Network, Ltd.), a Delaware corporation. The Company is the designer and
owner of the FX3000 software program. The FX3000 software is a financial package
and trading platform for dealers in foreign currency.

CONSOLIDATION- the accompanying consolidated financial statements include the
accounts of the company and its wholly owned subsidiary. All significant
inter-company balances have been eliminated.

USE OF ESTIMATES- The preparation of the financial statements in conformity with
generally accepted accounting principles requires management to make reasonable
estimates and assumptions that affect the reported amounts of the assets and
liabilities and disclosure of contingent assets and liabilities and the reported
amounts of revenues and expenses at the date of the financial statements and for
the period they include. Actual results may differ from these estimates.

CASH AND INTEREST BEARING DEPOSITS- For the purpose of calculating changes in
cash flows, cash includes cash balances and highly liquid short-term investments
with an original maturity of 3 months or less.

SOFTWARE DEVELOPMENT COSTS- The Company employs Statement of Financial
Accounting Standard No. 86, ACCOUNTING FOR THE COSTS OF COMPUTER SOFTWARE TO BE
SOLD, LEASED, OR OTHERWISE MARKETED, (SFAS No. 86), to account for the costs in
developing the foreign currency trading software. The software is designed to
enable clients to execute on-line trades and monitor currency transactions that
are entered into by the prospective client.

SFAS No. 86 provides that the costs of producing software programs subsequent to
establishing technological feasibility shall be capitalized. The capitalization
of such costs ceases when the product becomes available to customers.
Amortization of the capitalized costs begins when the software product becomes
available to customers and is calculated using the straight-line method over the
estimated economic life of the software or on a ratio of current revenues to
anticipated revenues, whichever is greater.

INCOME TAXES- The Company accounts for income taxes in accordance with the
Statement of Accounting Standards No. 109 (SFAS No. 109), "Accounting for Income
Taxes". SFAS No. 109 requires an asset and liability approach to financial
accounting and reporting for income taxes. Deferred income tax assets and
liabilities are computed annually for differences between financial statement
and income tax bases of assets and liabilities that will result in taxable
income or deductible expenses in the future based on enacted tax laws and rates
applicable to the periods in which the differences are expected to affect
taxable income. Valuation allowances are established when necessary to reduce
deferred tax assets and liabilities to the amount expected to be realized.
Income tax expense is the tax payable or refundable for the period adjusted for
the change during the period in deferred tax assets and liabilities.

2. NET INCOME PER SHARE

The Company applies SFAS No. 128, Earnings Per Share. In accordance with SFAS
No. 128, basic net loss per share has been computed based on the weighted
average of common shares outstanding during the period. Fully diluted earnings
per share include the dilutive effects of common stock equivalents.

                                       8
<PAGE>
3. RELATED PARTY TRANSACTIONS

The Company advanced $60,000 to a shareholder and an officer of the Company in
April 2000. The advance is due upon demand and is unsecured and carries an
interest rate of 3.5%.

4. CONVERSION OF DEBENTURES

During the quarter, the holders of the convertible debentures elected to convert
the debt to common stock. As a result, the Company retired $175,000 of the
convertible debt and accrued interest of $22,140 and issued 66,208 shares of
common stock.

5. INCOME TAXES

Provision for income taxes is comprised of the following:

     Net loss before provision for income taxes                  ($360,568)
                                                                 =========
     Current tax expense:

     Federal                                                     $       0
     State                                                               0
                                                                 ---------
     Total                                                               0

     Less deferred tax benefit:
     Tax loss carryforward                                        (858,529)
     Allowance for recoverability                                  858,529
                                                                 ---------
     Provision for income taxes                                  $       0
                                                                 =========

A reconciliation of provision for income taxes at the statutory rate to
provision for income taxes at the Company's effective tax rate is as follows:

      Statutory U.S. federal rate                                       34%
      Statutory state and local income tax                              10%
      Less tax loss carryforward                                       -44%
                                                                 ---------
      Effective rate                                                     0%
                                                                 =========

Deferred income taxes are comprised of the following:

     Tax loss carryforward                                       $ 858,529
     Allowance for recoverability                                 (858,529)
                                                                 ---------
     Deferred tax benefit                                        $       0
                                                                 =========
6. SUBSEQUENT EVENT

In October 2001, the Company issued 7,000,000 shares of common stock to purchase
100% of the issued and outstanding common stock of Luxury Lounge Inc., Luxury
Lounge Inc. (Luxury) was incorporated in the State of Delaware on August 18,
1999. The Company operates an on-line interactive web site specializing in
selling jewelry and other luxury appliances at a discount to the retail and
wholesale consumer.

Luxury is also currently developing software programs for use in the E-Commerce
industry.

                                       9
<PAGE>
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION

Advanced Technologies Group, Ltd. (the Company), formerly SeventhCai, Inc., was
incorporated in the State of Nevada in February 2000. In January 2001, the
Company changed its name to Advanced Technologies Group, Ltd., and purchased
100% of the issued and outstanding shares of FX3000, Inc. (formerly Oxford
Global Network, Ltd.), a Delaware corporation. The Company is the designer and,
until the formation of a joint venture in 2002 (after the period of this
Report), was the owner of the FX3000 software program. The FX3000 software is a
financial package and trading platform for independent traders in foreign
currency. During the second quarter of fiscal 2001, the Company began to
generate revenues from the leasing of the software program on a limited basis.

During October 2001, the Company issued 7,906,497 shares of common stock to
purchase 100% of the issued and outstanding common stock of Luxury Lounge Inc.
("Luxury"). Luxury was incorporated in the State of Delaware on August 18, 1999
and operates an on-line interactive web site specializing in selling jewelry and
other luxury appliances at a discount to the retail and wholesale consumer.
However, in addition to its on-line marketing operations, Luxury is also in the
process of developing several ancillary technologies designed to provide on-line
marketers with analytical information relating to the effectiveness of their
on-line marketing techniques as well as allowing them to offer additional
services to their customers. The Company believes that these technologies, when
properly developed, will have the potential for generating significant revenues
and profits for the Company. As the Company completes the development of its
FX3000 software product, it plans to turn its attention to the development of
these additional technologies for future product offerings.

Although the period which is the subject of this Report is the six months ended
July 31, 2001, this Report has not been filed until June 2003. As indicated in
the Company's filing for subsequent periods, after July 31, 2001 the Company
underwent a significant change in its business objectives, principally due to a
joint venture formed with Tradition, N.A., an international financial
institution (the "Joint Venture"), in 2002 wherein the Company transferred all
of its ownership interest in and to the FX3000 software to the Joint Venture in
exchange for a 25% ownership of the Joint Venture. At that point, the Company
ceased all its efforts to directly market the FX3000 software and re-directed
its efforts to the development and commercialization of other types of
technology including innovative software products and systems based upon the
technology being developed by Luxury. For the same reasons, the Company also
terminated the on-line sale of luxury products by Luxury and elected to
concentrate its efforts and resources to the development of its technology
products. For a more detailed discussion of this change in business direction
and a description of these new products, see the Company's Annual Report on form
10-KSB for the fiscal year ended January 31, 2002.

General Statement: Factors that may affect future results

With the exception of historical information, the matters discussed in
Management's Discussion and Analysis of Financial Condition and Results of
Operations contain forward looking statements under the 1995 Private Securities
Litigation Reform Act that involve various risks and uncertainties.

Typically, these statements are indicated by words such as "anticipates",
"expects", "believes", "plans", "could", and similar words and phrases. Factors
that could cause the company's actual results to differ materially from
management's projections, forecasts, estimates and expectations include but are
not limited to the following:

                                       10
<PAGE>
*    Inability of the company to secure additional financing

*    Unexpected economic changes in the United States

*    The imposition of new restrictions or regulations by government agencies
     that affect the Company's business activities.

The following discussion will highlight the Company's business activities as
they existed during the period accounted for herein, to wit, the six months
ended October 31, 2001. Interested parties are encouraged to read the Company's
subsequent filings for a discussion of the evolution of its business operations.

I. RESULTS OF OPERATIONS

COMPARISON OF OPERATING RESULTS

NINE MONTHS CONSOLIDATED SALES, GROSS PROFIT, AND NET INCOME:

During the second quarter of fiscal 2002, the Company began to lease its foreign
currency software program to various independent dealers in foreign currency.
Marketing of this software continued throughout the third quarter with an
increase in revenues. Management expects sales revenues to exponentially
increase over the next year and then to level off as the market for its product
matures. Since the Company had no revenues during the same period in the prior
fiscal year, much of the following information is presented without comparison.

Revenues for the period were $124,039, which represents value added service fees
for the usage of the Company's software. Cost of sales is the depreciation of
the costs of developing the FX3000 program. Gross profits on sales were $36,731
for the period. Management estimates that cost of sales, or depreciation on the
software, will remain level to a slight increase over the next year and the
revenues should increase as the industry becomes more familiar with the
Company's product and more of the demo uses are converted to live trading.

General and administrative expenses for the period were $378,274 compared to
$559,643 in the same period of 2000, a decrease of 32%. The decrease in general
and administrative costs is mainly attributed to the decrease of employee and
consulting costs. Management expects consultant and salary costs to remain flat
over the next six months.

After deducting general and administrative costs, the Company experienced a loss
from operations of $341,543 as compared to a loss of $559,643 for the same
period last year.

The Company realized $11,250 from miscellaneous software consulting services
provided to other companies. Interest income on the loan advanced to a
shareholder in was $2,050. Interest expense represents interest accrued on the
outstanding debentures.

Net loss for period was $360,568 compared to a loss of $550,590 for the same
period last year. On a per share basis, loss per share decreased from a loss of
$0.07 per share for the first nine months of last year to a loss of $0.05 per
share during the first nine months of this year.

                                       11
<PAGE>
THREE MONTHS ENDED OCTOBER 31, 2001 CONSOLIDATED SALES, GROSS PROFIT, AND NET
INCOME:

Revenues for the period were $115,625, which represents value added service fees
for the usage of the Company's software. Cost of sales includes depreciation of
the costs of developing the FX3000 program. Gross profits on sales were $46,320
for the period. Management estimates that cost of sales, or depreciation on the
software, will remain level to a slight increase over the next year and that
revenues should increase as the industry becomes more familiar with the
Company's product and more of the demo uses are converted to live trading.

General and administrative expenses for the period were $162,654, compared to
$164,011 in the same period of 2000. Some of the costs that have increased this
quarter are salaries and rent expense. Employee costs increased by approximately
$32,000 as the president of the Company began to take a salary. However, this
increase was completely offset by the significant reduction in consulting and
professional fees during the third quarter of fiscal 2002. During the third
quarter, the Company began to rent new office space. Rent expense on the new
office space is approximately $9,500 per month.

After deducting general and administrative costs, the Company experienced a loss
from operations of $116,334 as compared to a loss from operations of $164,011
for the same period last year.

Net loss for period was $115,398 compared to a loss of $162,231 for the same
period last year. On a per share basis, loss per share decreased from $0.02 per
share for the first nine months of fiscal 2001 to $0.01 per share for the nine
months ended October 31, 2001.

II. DISCUSSION OF FINANCIAL CONDITION: LIQUIDITY AND CAPITAL RESOURCES

At October 31, 2001, the Company had working capital of $737,327 compared to a
working capital deficit of $320,935 at January 31, 2001. Most of the increase in
working capital is attributable to net proceeds of $1,842,965 in stock
subscriptions received during the period and the purchase of $641,233 of
software development, computer equipment, trademark protection, and a security
deposit on office space. In addition, the convertible debentures of $175,000 and
accrued interest of $22,140 were converted to common stock during the third
quarter.

On a consolidated basis at October 31, 2001 cash on hand was $740,398 as
compared with $18,573 at January 31, 2001. During the nine months ended October
31, 2001, operations used cash of $293,876. The Company purchased a computer
server, some computer software and other equipment for $34,280 in order to
improve and expand its online service. In addition the Company spent $661,484 on
further developing the software program. The Company continued FX3000 software
program will be continually upgraded as sales volume increases. Management
cannot predict the amount of future expenditures that will be required at this
time. During the quarter, the Company deposited $45,000 as security for new
office space.

During the period, the Company received proceeds of $1,990,670 for subscriptions
to 663,557 shares of stock. The Company paid $147,705 during the period to
consultants in placement fees associated with the raising of capital.

Total assets at October 31, 2001 were $2,537,299. Most of the assets are
comprised of the capitalized costs associated with the development of the FX3000
software program, or $1,689,446.

                                       12
<PAGE>
The Company's total stockholders' equity increased from $844,691 at January 31,
2001 to $2,524,228 at October 31, 2001. The increase is due to a combination of
net proceeds from subscriptions sold of $1,842,965 and a net loss from
operations of $423,429 and the conversion of $197,140 of debt to common stock..
During the coming fiscal year, the Company projects additional expenditures in
connection with the continual upgrading and expansion of the FX3000 software
program.

III. INFLATION

Management anticipates that inflation will not have a material effect on the
Company's operations in the future. This is principally due to the fact that its
revenues and profits are expected to be derived from the licensing of its
software system to operators, such as broker/dealers for the use of their
clients. Essentially, the Company's software product is intended to facilitate
an investment environment which is typically not affected by inflationary
trends.

IV. TRENDS AFFECTING LIQUIDITY, CAPITAL RESOURCES AND OPERATIONS

A number of factors are expected to impact the Company's liquidity, capital
resources and future operations. Included among these are governmental
regulation of the trading of currencies by individuals and the acceptability of
currency trading by a large number of individual high net worth investors.
Management believes that the increasing regulation of securities and other forms
of investment vehicles will increase demand for alternate investment vehicles
such as currency trading, thereby increasing demand for the Company's products
and will significantly expand the Company's markets.

The Company has developed its FX3000 software to allow access by individual and
institutional traders to what has traditionally been an investment arena
restricted to large financial institutions and banks. Management believes that
as investors become more sophisticated there will be an increased demand for
access to these types of previously unavailable trading vehicles.

As other new technological products under development by the Company are
introduced, management believes that sales revenues will increase and, over the
long term, will result in stable sales and profits for the Company.

                            PART II OTHER INFORMATION

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits

    Exhibit No.                         Description
    -----------                         -----------

       99.1        Certification under Section 906 of the Sarbanes-Oxley Act
                   of 2002 of Chief Executive Officer

       99.2        Certification under Section 906 of the Sarbanes-Oxley Act
                   of 2002 of Chief Financial Officer

(b) Reports on Form 8-K

     None

                                       13
<PAGE>
                                   SIGNATURES


In accordance with the requirements of Section 13 of 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed in
its behalf by the undersigned, thereunto duly authorized.


Date: June 19, 2003                     By: /s/ Abel Raskas
                                           ---------------------------------
                                           Abel Raskas
                                           President


Date: June 19, 2003                     By: /s/ Alex Stelmak
                                           ---------------------------------
                                           Alex Stelmak
                                           Chief Executive Officer and
                                           Chief Financial Officer

                                       14
<PAGE>
                CERTIFICATION PURSUANT TO RULE 13A-14 AND 15D-14
              UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

    I, Abel Raskas, President and a Director of the Registrant, Advanced
Technologies Group, Ltd, certify that:

    1. I have reviewed this quarterly report on Form 10-QSB of Advanced
Technologies Group, Ltd.;

    2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;

    3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
Registrant as of, and for, the periods presented in this quarterly report;

    4. The Registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the Registrant and we have:

    (a) designed such disclosure controls and procedures to ensure that material
information relating to the Registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this quarterly report is being prepared;

    (b) evaluated the effectiveness of the Registrant's disclosure controls and
procedures as of a date within 90 days of the filing date of this quarterly
report (the "Evaluation Date"); and

    (c) presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our evaluation
of the Evaluation Date;

    5. The Registrant's other certifying officer and I have disclosed, based on
our most recent evaluation, to the Registrant's auditors and the audit committee
of the Registrant's board of directors (or persons performing the equivalent
function):

    (a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the Registrant's ability to record,
process, summarize and report financial data and have identified for the
Registrant's auditors any material weaknesses in internal controls; and

    (b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the Registrant's internal controls; and

    6. The Registrant's other certifying officer and I have indicated in this
quarterly report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.

Date: June 19, 2003                     By: /s/ Abel Raskas
                                           ---------------------------------
                                           Abel Raskas
                                           President and a Director

                                       15
<PAGE>
                CERTIFICATION PURSUANT TO RULE 13A-14 AND 15D-14
              UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

    I, Alex Stelmak, Chief Financial Officer and a Director of the Registrant,
Advanced Technologies Group, Ltd., certify that:

    1. I have reviewed this quarterly report on Form 10-QSB of Advanced
Technologies Group, Ltd.;

    2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;

    3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
Registrant as of, and for, the periods presented in this quarterly report;

    4. The Registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the Registrant and we have:

    (a) designed such disclosure controls and procedures to ensure that material
information relating to the Registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this quarterly report is being prepared;

    (b) evaluated the effectiveness of the Registrant's disclosure controls and
procedures as of a date within 90 days of the filing date of this quarterly
report (the "Evaluation Date"); and

    (c) presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our evaluation
of the Evaluation Date;

    5. The Registrant's other certifying officer and I have disclosed, based on
our most recent evaluation, to the Registrant's auditors and the audit committee
of the Registrant's board of directors (or persons performing the equivalent
function):

    (a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the Registrant's ability to record,
process, summarize and report financial data and have identified for the
Registrant's auditors any material weaknesses in internal controls; and

    (b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the Registrant's internal controls; and

    6. The Registrant's other certifying officer and I have indicated in this
quarterly report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.

Date: June 19, 2003                   By: /s/ Alex Stelmak
                                         ---------------------------------
                                         Alex Stelmak
                                         Chief Financial Officer and a Director

                                       16