United States
                       Securities And Exchange Commission
                             Washington, D.C. 20549
                                   FORM 10-QSB

                                   (Mark One)

     [X]  Quarterly Report Pursuant To Section 13 Or 15 (d) Of The Securities
                              Exchange Act Of 1934
               For the quarterly period ended: September 30, 2003

                                       Or

     [ ]  Transition Report Pursuant To Section 13 Or 15 (d) Of The Securities
                              Exchange Act Of 1934

        For the transition period from ______________ to _______________



                       Commission File Number:  000-28153


                       The Cyber Group Network Corporation
             (Exact name of registrant as specified in its charter)


            Nevada                                            33-0901534
(State or other jurisdiction of                           (I.R.S. Employer
 incorporation of origination)                         Identification Number)


Post Office Box 11403 San Bernardino, CA                        92423
(Address of principal executive offices)                     (Zip code)


                                 (310) 854-4190
              (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 {x}   No { }


          APPLICABLE ONLY TO ISSUERS INVLOVED IN BANKRUPTCY PROCEEDINGS
                                     DURING
                            THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and
reports required to filed by Sections 12, 13 or 15 (d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by a court.
                                 Yes { }  No { }



                      APPLICABLE ONLY TO CORPORATE ISSUERS:

   Indicate the number of shares outstanding of each issuer's classes of common
              stock, as of the latest practicable date: 145,646,665



<PAGE>
                                TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION
Item 1  - Financial Statements
Item 2  - Management's Discussion and Analysis or Plan of Operation
Item 3  - Controls and Procedures


<PAGE>
PART I - FINANCIAL INFORMATION
Item 1  - Financial Statements




THE CYBER GROUP NETWORK CORPORATION
AND SUBSIDIARY

                          (A DEVELOPMENT STAGE COMPANY)
                             CONDENSED CONSOLIDATED
                              FINANCIAL STATEMENTS
                            AS OF SEPTEMBER 30, 2003


<PAGE>
THE CYBER GROUP NETWORK CORPORATION
AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)


                                    CONTENTS
                                    --------


PAGE       1     CONDENSED CONSOLIDATED BALANCE SHEETS AS OF
                 SEPTEMBER 30, 2003 (UNAUDITED) AND DECEMBER 31, 2002

PAGE       2     CONDENSED CONSOLIDATED STATEMENTS OF
                 OPERATIONS FOR THE THREE AND NINE MONTHS ENDED
                 SEPTEMBER 30, 2003 AND 2002 AND FOR THE PERIOD FROM
                 MARCH 21, 2000 (INCEPTION) TO SEPTEMBER 30, 2003
                 (UNAUDITED)

PAGES  3 - 4     CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN
                 STOCKHOLDERS' DEFICIENCY FOR THE PERIOD FROM
                 MARCH 21, 2000 (INCEPTION) TO SEPTEMBER 30, 2003
                 (UNAUDITED)

PAGE       5     CONDENSED CONSOLIDATED STATEMENTS OF CASH
                 FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2003
                 AND 2002 AND FOR THE PERIOD FROM MARCH 21, 2000
                 (INCEPTION) TO SEPTEMBER 30, 2003 (UNAUDITED)

PAGES  6 - 9     NOTES TO CONDENSED CONSOLIDATED FINANCIAL
                 STATEMENTS AS OF SEPTEMBER 30, 2003 (UNAUDITED)


<PAGE>
<TABLE>
<CAPTION>
THE CYBER GROUP NETWORK CORPORATION AND SUBSIDIARY

                                      (A DEVELOPMENT STAGE COMPANY)
                                  CONDENSED CONSOLIDATED BALANCE SHEETS
                             AS OF SEPTEMBER 30, 2003 AND DECEMBER 31, 2002
                             ----------------------------------------------


                                                 ASSETS
                                                 ------

                                                                            September 30,
                                                                                 2003       December 31,
                                                                             (Unaudited)       2002
                                                                            -------------  -------------
<S>                                                                         <C>            <C>
CURRENT ASSETS
  Cash                                                                      $      2,422   $        800
                                                                            -------------  -------------

TOTAL ASSETS                                                                $      2,422   $        800
------------                                                                =============  =============

                                LIABILITIES AND STOCKHOLDERS' DEFICIENCY
                                ----------------------------------------

CURRENT LIABILITIES
  Accounts payable                                                          $    230,285   $    230,285
  Accrued expenses                                                                98,691         69,511
  Loans payable                                                                  251,317        251,317
  Payable to related party                                                        52,210         52,210
  Due to officers                                                                489,755        249,714
                                                                            -------------  -------------
    Total Current Liabilities                                                  1,122,258        853,037
                                                                            -------------  -------------

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' DEFICIENCY
Preferred stock, $0.001 par value, 50,000,000 shares authorized, 2,000,000
  shares issued and outstanding                                                    2,000          2,000
Common stock, $0.001 par value, 500,000,000 shares authorized,
  145,646,665 and 142,646,665 shares issued and outstanding, respectively        145,646        142,646
Additional paid-in capital                                                    10,343,235     10,340,535
Deficit accumulated during development stage                                 (11,610,717)   (11,337,418)
                                                                            -------------  -------------

TOTAL STOCKHOLDERS' DEFICIENCY                                                (1,119,836)      (852,237)
                                                                            -------------  -------------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY                              $      2,422   $        800
----------------------------------------------                              =============  =============
</TABLE>

     See accompanying notes to condensed consolidated financial statements.


                                        1
<PAGE>
<TABLE>
<CAPTION>
THE CYBER GROUP NETWORK CORPORATION AND SUBSIDIARY
                                            (A DEVELOPMENT STAGE COMPANY)
                                  CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                          FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002
                          ---------------------------------------------------------------
                      AND FOR THE PERIOD FROM MARCH 21, 2000 (INCEPTION) TO SEPTEMBER 30, 2003
                      ------------------------------------------------------------------------
                                                     (UNAUDITED)


                                                                                                         Cumulative From
                                              For the Three  For the Three  For the Nine   For the Nine   March 21, 2000
                                              Months Ended   Months Ended   Months Ended   Months Ended   (Inception) To
                                              September 30,  September 30,  September 30,  September 30,  September 30,
                                                  2003           2002           2003           2002           2003
                                              -------------  -------------  -------------  -------------  -------------
<S>                                           <C>            <C>            <C>            <C>            <C>
REVENUE                                       $          -   $      8,905   $          -   $     63,498   $    237,304

COST OF GOODS SOLD                                       -              -              -         17,980         45,718
                                              -------------  -------------  -------------  -------------  -------------

GROSS PROFIT                                             -          8,905              -         45,518        191,586
                                              -------------  -------------  -------------  -------------  -------------

OPERATING EXPENSES
Selling, general and administrative                 67,518        439,732        263,869      1,911,833      9,951,472
Impairment of property, plant and equipment              -              -              -              -         44,113
Impairment of goodwill                                   -              -              -              -        295,000
                                              -------------  -------------  -------------  -------------  -------------
Total Operating Expenses                            67,518        439,732        263,869      1,911,833     10,290,585
                                              -------------  -------------  -------------  -------------  -------------

LOSS FROM OPERATIONS                               (67,518)      (430,827)      (263,869)    (1,866,315)   (10,098,999)
                                              -------------  -------------  -------------  -------------  -------------

OTHER EXPENSE (INCOME)
Other income                                        (3,422)             -         (6,404)             -         (6,404)
Interest expense                                     5,278         10,992         15,834         29,703      1,518,122
                                              -------------  -------------  -------------  -------------  -------------
Total Other Expense                                  1,856         10,992          9,430         29,703      1,511,718
                                              -------------  -------------  -------------  -------------  -------------

NET LOSS                                      $    (69,374)  $   (441,819)  $   (273,299)  $ (1,896,018)  $(11,610,717)
--------------------------------------------  =============  =============  =============  =============  =============

Net loss per share - basic and diluted        $      (.000)  $      (.003)  $      (.002)  $      (.015)
                                              =============  =============  =============  =============

Weighted average number of common shares
outstanding - basic and diluted                145,646,665    164,646,418    145,635,676    122,618,785
                                              =============  =============  =============  =============
</TABLE>

     See accompanying notes to condensed consolidated financial statements.


                                        2
<PAGE>
<TABLE>
<CAPTION>
THE CYBER GROUP NETWORK CORPORATION AND SUBSIDIARY
                                                 (A DEVELOPMENT STAGE COMPANY)
                          CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIENCY
                            FOR THE PERIOD FROM MARCH 21, 2000 (INCEPTION) TO SEPTEMBER 30, 2003
                            --------------------------------------------------------------------
                                                         (UNAUDITED)


                                                                                                          Deficit
                                                                                                        Accumulated
                                                                                          Additional      During
                                                  Preferred Stock       Common Stock       Paid-In      Development
                                                 Shares    Amount     Shares    Amount     Capital         Stage         Total
                                                ---------  -------  ----------  -------  ------------  -------------  ------------
<S>                                             <C>        <C>      <C>         <C>      <C>           <C>            <C>
Issuance of common stock and recapitalization
  due to acquisition on March 21, 2000                  -  $     -     740,400  $   740  $      (740)  $          -   $         -

Issuance of stock for services rendered                 -        -     608,519      609    1,277,591              -     1,278,200

Issuance of stock for compensation                      -        -      83,487       83      243,372              -       243,455

Issuance of stock for donations                         -        -      18,333       18       29,932              -        29,950

Conversion of convertible redeemable
  debentures                                            -        -     794,058      794      999,206              -     1,000,000

Conversion of convertible redeemable
  debentures                                            -        -     260,519      261      271,239              -       271,500

Stock options issued for compensation                   -        -           -        -      237,750              -       237,750

Stock options issued for services rendered              -        -           -        -      220,000              -       220,000

Interest from beneficial conversion features            -        -           -        -      932,291              -       932,291

Issuance of stock for interest expense                  -        -      88,889       89       99,911              -       100,000

Net loss, 2000                                          -        -           -        -            -     (4,509,712)   (4,509,712)
                                                ---------  -------  ----------  -------  ------------  -------------  ------------

Balance, December 31, 2000                              -        -   2,594,205    2,594    4,310,552     (4,509,712)     (196,566)

Issuance of common stock for services rendered          -        -  13,350,675   13,350    2,752,503              -     2,765,853

Issuance of stock for compensation                      -        -   1,998,841    1,999      592,296              -       594,295
</TABLE>


     See accompanying notes to condensed consolidated financial statements.


                                        3
<PAGE>
<TABLE>
<CAPTION>
THE CYBER GROUP NETWORK CORPORATION AND SUBSIDIARY
                                          (A DEVELOPMENT STAGE COMPANY)
                     CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIENCY
                       FOR THE PERIOD FROM MARCH 21, 2000 (INCEPTION) TO SEPTEMBER 30, 2003
                       --------------------------------------------------------------------
                                                 (UNAUDITED)


                                                                                                    Deficit
                                                                                                  Accumulated
                                                                                    Additional      During
                                      Preferred   Stock      Common       Stock      Paid-In      Development
                                       Shares    Amount      Shares      Amount      Capital         Stage         Total
                                      ---------  -------  ------------  ---------  ------------  -------------  ------------
<S>                                   <C>        <C>      <C>           <C>        <C>           <C>            <C>
Conversion of convertible redeemable
  debentures                                  -        -      657,385        657       603,188              -       603,845

Interest from beneficial conversion
  features                                    -        -            -          -       218,922              -       218,922

Issuance of other stock - litigation          -        -      600,000        600       148,400              -       149,000

Issuance of restricted shares                 -        -    5,555,555      5,556        (5,556)             -             -

Preferred stock issued                2,000,000    2,000            -          -       211,250              -       213,250

Net loss, 2001                                -        -            -          -             -     (4,902,903)   (4,902,903)
                                      ---------  -------  ------------  ---------  ------------  -------------  ------------

Balance, December 31, 2001            2,000,000    2,000   24,756,661     24,756     8,831,555     (9,412,615)     (554,304)

Issuance of stock to pay loans                -        -   30,253,157     30,253       346,023              -       376,276

Issuance of stock for compensation            -        -   20,010,289     20,010       479,275              -       499,285

Issuance of stock for services                -        -   73,214,520     73,215       678,094              -       751,309

Stock rescinded                               -        -   (5,587,962)    (5,588)        5,588              -             -

Net loss, 2002                                -        -            -          -             -     (1,924,803)   (1,924,803)
                                      ---------  -------  ------------  ---------  ------------  -------------  ------------

Balance, December 31, 2002            2,000,000    2,000  142,646,665    142,646    10,340,535    (11,337,418)     (852,237)

Issuance of stock for services                -        -    3,000,000      3,000         2,700              -         5,700

Net loss, 2003                                -        -            -          -             -       (273,299)     (273,299)
                                      ---------  -------  ------------  ---------  ------------  -------------  ------------

BALANCE, SEPTEMBER 30, 2003           2,000,000  $ 2,000  145,646,665   $145,646   $10,343,235   $(11,610,717)  $(1,119,836)
------------------------------------  =========  =======  ============  =========  ============  =============  ============
</TABLE>

     See accompanying notes to condensed consolidated financial statements.


                                        4
<PAGE>
<TABLE>
<CAPTION>
THE CYBER GROUP NETWORK CORPORATION AND SUBSIDIARY

                          (A DEVELOPMENT STAGE COMPANY)
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
          FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002 AND FOR
          -------------------------------------------------------------
        THE PERIOD FROM MARCH 21, 2000 (INCEPTION) TO SEPTEMBER 30, 2003
        ----------------------------------------------------------------
                                   (UNAUDITED)


                                                                                   For the Period
                                                                                        from
                                                                                     March 21,
                                                  For the Nine    For the Nine          2000
                                                  Months Ended    Months Ended     (Inception) to
                                                 September 30,    September 30,    September 30,
                                                      2003            2002              2003
                                                 --------------  ---------------  ----------------
<S>                                              <C>             <C>              <C>
CASH FLOWS FROM OPERATING ACTIVITIES             $        1,622  $     (237,697)  $    (1,922,486)
                                                 --------------  ---------------  ----------------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchase of property, plant and equipment                   -          (2,064)         (125,506)
  Purchase of license rights                                  -               -           (79,000)
  Proceeds used in business acquisition                       -               -          (295,000)
                                                 --------------  ---------------  ----------------
    Net Cash Used In Investing Activities                     -          (2,064)         (490,506)
                                                 --------------  ---------------  ----------------

CASH FLOWS FROM FINANCING ACTIVITIES:
  Repayment of loan payable                                   -         (16,500)          (16,500)
  Proceeds from loan payable                                  -         248,208           644,104
  Proceeds from issuance of convertible debt                  -               -         1,787,810
                                                 --------------  ---------------  ----------------
    Net Cash Provided By Financing Activities                 -         231,708         2,415,414
                                                 --------------  ---------------  ----------------

NET INCREASE (DECREASE) IN CASH                           1,622          (8,053)            2,422

CASH - BEGINNING OF PERIOD                                  800           8,053                 -
                                                 --------------  ---------------  ----------------

CASH - END OF PERIOD                             $        2,422  $            -   $         2,422
--------------------                             ==============  ===============  ================


SUPPLEMENTAL DISCLOSURE CASH FLOW INFORMATION
---------------------------------------------

Cash paid for income taxes                       $            -  $            -   $         1,922
                                                 ==============  ===============  ================

Cash paid for interest                           $            -  $            -   $             -
                                                 ==============  ===============  ================
<FN>
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
-----------------------------------------------------------------------

During the nine months ended September 30, 2003, the Company issued 3,000,000 shares of
common stock with a fair value of $5,700 for services rendered.
</TABLE>

     See accompanying notes to condensed consolidated financial statements.


                                        5
<PAGE>
NOTE 1    BUSINESS ACTIVITY
------    -----------------

     On  March 21, 2000, The Cyber Group Network Corporation and Subsidiary (the
     "Company", "CGPN", "Cyber Group") was incorporated in the State of
     California and subsequently purchased Hollywood Entertainment Network, Inc.
     The Company is a technology driven, internet based, computer security
     company with one main area of focus: Computer Security. The primary purpose
     is to continue to transition the Company into a self-sufficient,
     revenue-generating company, capable of increasing shareholder value. The
     Company is also very focused on exceeding customer expectations and
     industry demand.

     The Company's mission is to develop and create innovative security products
     and services that will protect the B2B, corporate and everyday user.

NOTE 2    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
------    ------------------------------------------

     (A)  BASIS  OF  PRESENTATION
     ----------------------------

     The  accompanying  condensed  consolidated financial statements include the
     accounts of The Cyber Group Network Corporation and its subsidiary (the
     "Company"). These statements have been prepared in accordance with
     accounting principles generally accepted in the United States of America
     for interim financial information and the instructions to Form 10-QSB and
     do not include all the information and footnotes required by accounting
     principles generally accepted in the United States of America for complete
     financial statements. In the opinion of management, all adjustments
     (consisting of normal recurring accruals) considered necessary for a fair
     presentation of the results for the interim periods have been included.
     Operating results for the nine months ended September 30, 2003 are not
     necessarily indicative of the results that may be expected for the year
     ended December 31, 2003. The accompanying condensed consolidated financial
     statements and the information included under the heading "Management's
     Discussion and Analysis" should be read in conjunction with the Company's
     consolidated financial statements and related notes included in the
     Company's Form 10-KSB for the year ended December 31, 2002.

     (B)  USE  OF  ESTIMATES
     -----------------------

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

     (C)  EARNINGS  PER  SHARE
     -------------------------

     In  accordance  with SFAS No. 128, "Earnings Per Share", basic net loss per
     share has been computed based on the weighted-average of common shares
     outstanding during the period. Diluted earnings per share include the
     effects of any outstanding financial instruments that may be converted into
     common stock, and therefore classified as common stock equivalents. SFAS
     No. 128 provides guidance to calculate the equivalent number of common
     shares that would be likely issued in the event the holder would elect to
     convert the financial instrument into common shares. As per SFAS No. 128,
     common stock equivalents are not considered in the diluted earnings per
     share calculations because the effect would have been anti-dilutive.

NOTE 3    COMMITMENTS AND CONTINGENCIES
------    -----------------------------

     The  Company  is involved in certain legal proceeding and claims that arise
     in the normal course of business. The Company does not believe that the
     outcome of these matters will have a material adverse effect on its
     financial position or results of operations.


     See accompanying notes to condensed consolidated financial statements.


                                        6
<PAGE>
NOTE 4    STOCKHOLDERS' DEFICIENCY
------    ------------------------

     On  November  23,  2001,  the  Board of Directors approved a fifteen to one
     reverse stock split on all of the outstanding common shares of the Company.
     All references to common shares and loss per common share amounts have been
     adjusted to reflect the 15-to-1 reverse common stock split. The common
     shares commenced trading on a post reverse split basis on November 26,
     2001.

     (A)  COMMON  STOCK
     ------------------

     During  the  nine  months  ended  September  30,  2003,  the Company issued
     3,000,000 shares of common stock with a fair value of $5,700 for services
     rendered.

     During  the  year  ended  December  31, 2002, the Company issued 30,253,157
     shares of common stock with a fair value of $376,276 to settle certain
     loans payable.

     During  the  years ended December 31, 2002 and 2001 and for the period from
     March 21, 2000 (inception) to December 31, 2000, the Company issued
     73,214,520, 13,350,675 and 608,519 shares of common stock (reflective of
     reverse split) for services rendered valued at $751,309, $2,765,853 and
     $1,278,200, respectively. The services were valued at the fair market value
     of the stock on the date of issuance.

     During  the  years ended December 31, 2002 and 2001 and for the period from
     March 21, 2000 (inception) to December 31, 2000, the Company issued
     20,010,289, 1,998,841 and 83,487 shares of common stock (reflective of
     reverse split) as compensation totaling $499,285, $594,295 and $243,455,
     respectively. These transactions were valued at the fair market value of
     the stock on the date of issuance.

     During  the  year ended December 31, 2001 and for the period from March 21,
     2000 (inception) to December 31, 2000, the Company converted $603,845 and
     $1,271,500 of its Series A and Series SPA Subordinated Convertible
     Redeemable Debentures into 657,385 and 1,050,760 shares of common stock
     (reflective of reverse split), respectively. In relation to these
     transactions, the holder of the debentures converted accrued interest
     totaling $0 and $4,293 in 2001 and 2000, respectively. This accrued
     interest resulted in the issuance of 0 and 3,817 shares (reflective of
     reverse split) in 2001 and 2001, respectively.

     During  the  year ended December 31, 2001 and for the period from March 21,
     2000 (inception) to December 31, 2000, the Company issued 0 and 18,333
     shares of common stock (reflective of reverse split) as donations to
     nonprofit organizations valued at $0 and $29,950, respectively. These
     transactions were valued at the fair market value of the stock on the date
     of issuance. During the year ended December 31, 2001 and for the period
     from March 21, 2000 (inception) to December 31, 2000, the Company issued 0
     and 88,889 shares of common stock (reflective of reverse split) as interest
     expense totaling $0 and $100,000, respectively.

     During  the  year ended December 31, 2001 and for the period from March 21,
     2000 (inception) to December 31, 2000, the Company issued options (net of
     those terminated) to employees and Board of Directors to purchase 6,255,972
     and 4,250,000 shares of common stock, respectively, and recorded
     compensation expense of $226,349, which is included in the issuance of
     stock for compensation in the statements of changes in stockholders'
     deficiency, and $237,750, respectively.


     See accompanying notes to condensed consolidated financial statements.


                                        7
<PAGE>
     During  the  year  ended  December  31,  2001, the Company issued 5,555,555
     shares of common stock to the former CEO for inventions per his employment
     agreement. In early 2002, the Company rescinded 5,587,962 shares from the
     former CEO due to complications incurred with the former CEO. No expense
     was recorded in relation to these transactions.

     During  the year ended December 31, 2001, the Company issued 600,000 shares
     of common stock with a fair value of $149,000 in relation to the litigation
     discussed in Note 6 (D) of the December 31, 2002 financial statements.

NOTE 5    RELATED PARTY TRANSACTIONS
------    --------------------------

     During  the nine months ended September 30, 2003 and 2002, the Company made
     certain advances to and had loans from its former Chief Executive Officer
     and other related individuals. As of September 30, 2003 and December 31,
     2002, the due to officers account on the balance sheet includes these loans
     and accrued compensation to officers and directors of the Company.

     As  of  September  30,  2003  and December 31, 2002, the Company had a loan
     payable to a related party totaling $52,210.

NOTE 6    GOING CONCERN
------    -------------

     The accompanying consolidated financial statements have been prepared in
     conformity with generally accepted accounting principles that contemplate
     the Company's continuation as a going concern. For the nine months ended
     September 30, 2003, CGPN incurred net losses of $273,299 and had a working
     capital deficiency and a stockholders' deficiency of $1,119,836 as of
     September 30, 2003. In addition, the Company was still in the development
     stage as of September 30, 2003. These factors raise substantial doubt about
     the Company's ability to continue as a going concern.

     The attainment of profitable operations is dependent upon the Company
     obtaining adequate debt and/or equity financing and developing an effective
     marketing campaign to generate a consistent cash flow. The financial
     statements do not include any adjustments relating to the recoverability
     and classification of recorded asset amounts or amounts and classification
     of liabilities that might be necessary should the Company be unable to
     continue in existence.




        ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The following discussion and analysis should be read in conjunction with our
consolidated financial statements and related footnotes for the year ended
December 31, 2002 included in FORM 10KSB filed with the SEC on May 15, 2003.
The discussion of results, causes and trends should not be construed to imply
any conclusion that such results or trends will necessarily continue in the
future.

GENERAL

On  March  21,  2000,  The  Cyber  Group Network Corporation and Subsidiary (the
"Company",  "CGPN",  "Cyber  Group") was incorporated in the State of California
and subsequently purchased Hollywood Entertainment Network, Inc.  The Company is
a  technology  driven,  computer  security  company with one main area of focus:
Computer Security.  The primary purpose is to continue to transition the Company
into  a  self-sufficient,  revenue-


     See accompanying notes to condensed consolidated financial statements.


                                        8
<PAGE>
generating  company,  capable  of  increasing  shareholder  value.

THE  COMPANY'S MISSION IS TO DEVELOP AND CREATE INNOVATIVE SECURITY PRODUCTS AND
SERVICES  THAT  WILL  PROTECT  THE  B2B, CORPORATE AND EVERYDAY  USER.

RESULTS  OF  OPERATIONS

SINCE  INCEPTION IN MARCH  2000, THE COMPANY HAS BEEN IN THE DEVELOPMENT STAGE.
THE PRIMARY  FOCUS  HAS  BEEN  ON  THE DEVELOPMENT AND MARKETING OF ITS HARDWARE
AND SOFTWARE  DEVICES,  E-SNITCH AND PPIRT, RESPECTIVELY.  BECAUSE THE COMPANY
BEGAN SHIPMENT OF PPIRT IN THE LATE FOURTH QUARTER 2000 AND SHIPPED MINIMAL
PRODUCT, MINIMAL REVENUE HAS BEEN GENERATED TO DATE.  BECAUSE SUBSTANTIALLY  ALL
OF  ITS  EFFORTS  HAVE  BEEN  CONCENTRATED  IN  RESEARCH AND DEVELOPMENT
ACTIVITIES,  IT  HAS  OPERATED  AT A NET LOSS SINCE INCEPTION.  THE COMPANY
INCURRED  A  NET  LOSS  OF $74,782 AND $891,619 FOR THE QUARTERS ENDED JUNE 30,
2003  AND  2002,  RESPECTIVELY.  THE FIRST QUARTER 2003 LOSSES HAVE DECREASED
ABOUT 90% COMPARED TO THE SAME PERIOD IN 2002. THE DECREASE IN THE NET LOSS IS
PRIMARILY DUE TO THE MINIMAL OPERATIONS THAT THE COMPANY INCURRED DURING THE
QUARTER ENDED JUNE 30, 2003.

THE COMPANY HAS IMPROVED PPIRT AND EXPECTS TO RELEASE VERSION 3.0 DURING THE
FIRST QUARTER OF 2004. VERSION 3.0 WILL CONTAIN FEATURES AND ENHANCEMENTS THAT
WILL MAKE PPIRT ATTRACTIVE AND MARKETABLE TO THE B2B MARKET PLACE AS WELL AS THE
INDIVIDUAL CONSUMER.

THE  COMPANY  HAS  RECEIVED  REPORTS ON ITS FINANCIAL STATEMENTS FOR THE PERIODS
ENDING  DECEMBER  31,  2002  AND  2001 FROM ITS CURRENT AND PREVIOUS INDEPENDENT
AUDITORS  THAT  INCLUDE  EXPLANATORY  PARAGRAPHS  DESCRIBING  THE  COMPANY'S
UNCERTAINTY  TO  CONTINUE  AS  A  GOING  CONCERN.  THESE FINANCIAL  STATEMENTS
CONTEMPLATE  THE  ABILITY TO CONTINUE AS A GOING CONCERN AND AS SUCH DO NOT
INCLUDE ANY ADJUSTMENTS THAT  MIGHT  RESULT  FROM  THIS  UNCERTAINTY.

LIQUIDITY AND CAPITAL RESOURCES

AS  OF  THE  FISCAL  QUARTER  ENDED  JUNE 30, 2003, THE COMPANY HAD CURRENT
ASSETS  OF  $0   AND  TOTAL ASSETS OF $0 .  THE COMPANY WAS IN A NEGATIVE
WORKING  CAPITAL  POSITION  OF  $1,012,673  AS  OF  JUNE 30, 2003.

CASH REQUIREMENTS AND ADDITIONAL FUNDING

THE  COMPANY  NEEDS  TO  IMMEDIATELY  RAISE  ADDITIONAL CAPITAL TO RUN THE DAILY
OPERATING  ACTIVITIES OF THE BUSINESS.  THE CURRENT CASH ON HAND IS INSUFFICIENT
TO  MEET  ITS  ANTICIPATED  NEEDS  FOR WORKING CAPITAL, CAPITAL EXPENDITURES AND
BUSINESS  DEVELOPMENT  FOR  THE NEXT TWELVE MONTHS.  BECAUSE THE COMPANY HAS NOT
SUSTAINED  A CONSISTENT REVENUE STREAM, IT WILL NEED TO RAISE ADDITIONAL CAPITAL
TO  MEET  ITS  OPERATING  NEEDS.  THE  COMPANY WILL CONTINUE TO RESEARCH VARIOUS
METHODS  OF  ACQUIRING CAPITAL, LIKE PRIVATE PLACEMENT, DEBT REFINANCING AND SB2
FILINGS.  THE  COMPANY  RECOGNIZES  THAT  FILING  AN SB2 CAN POTENTIALLY LEAD TO
STOCK  DILUTION,  HOWEVER,  IT  MAY BE THE MOST EFFECTIVE MEANS TO GENERATE CASH
FLOW.  IRRESPECTIVE OF THE FUNDING METHOD, THIS FUNDING WILL COVER SUCH COSTS AS
MARKETING  AND  DISTRIBUTION,  MAINTAINING  AND  UPGRADING TECHNOLOGY, RECURRING


     See accompanying notes to condensed consolidated financial statements.


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OVERHEAD  EXPENSES  FOR  THE  DAY-TO-DAY  OPERATION  OF  THE  BUSINESS AND OTHER
UNEXPECTED  EXPENSES DUE TO ECONOMIC CHANGES.  THE COMPANY CANNOT GUARANTEE THAT
THE  FINANCING  WILL  BE  AVAILABLE  IN  CERTAIN AMOUNTS OR ON ACCEPTABLE TERMS.

FORWARD-LOOKING  STATEMENTS

Certain matters discussed in this report contain forward-looking statements that
are subject to risks and uncertainties that could cause actual results to differ
materially from those indicated by such forward-looking statements.  These
forward-looking statements relate to, among other things, capital expenditures,
liquidity, capital resources and competition and may be indicated by words or
phrases such as "anticipate", "estimate", "plans", "projects", "continuing",
"ongoing", "expects", "management believes", "the Company believes", "the
Company intends" and similar words or phrases.  The following factors and others
discussed in the Company's periodic reports and filings with the Securities and
Exchange Commission are among the principal factors that could cause actual
results to differ materially from the forward-looking statements:  availability
and terms of financing; risk insurance markets; competition; general economic
conditions; interest rates; and inflation.  However, this list is not a complete
statement of all potential risks or uncertainties.

These forward-looking statements are made as of the date hereof based on
management's current expectations, and the Company does not undertake an
obligation to update such statements, whether as a result of new information,
future events or otherwise.  Additional information regarding these and other
risk factors may be found in the Company's other filings made from time to time
with the Securities and Exchange Commission.


PART II - OTHER INFORMATION

ITEM 3 - CONTROLS AND PROCEDURES

Disclosure controls and procedures are designed to ensure information required
to be disclosed in our periodic reports filed with the Securities and Exchange
Commission under the Securities Exchange Act of 1934 is recorded, processed,
summarized and reported, within the time periods specified in the rules and
forms of the Securities and Exchange Commission.  Disclosure controls and
procedures include, without limitation, controls and procedures designed to
ensure that information required to be disclosed in the periodic reports filed
under the Securities Exchange Act of 1934 is accumulated and communicated to
management, including the Chief Executive Officer and Principal Financial
Officer, as appropriate, to allow timely decisions regarding required
disclosure.

Within the 90 days prior to filing data of this Report, we have not conducted an
evaluation of the effectiveness of the design and operation of our disclosures
controls and procedures pursuant to Securities and Exchange Act Rule 13a-14.
This evaluation will be conducted before the issuance of our end of year quarter
10QSB / 10KSB.


     See accompanying notes to condensed consolidated financial statements.


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                                   SIGNATURES

PURSUANT  TO  THE  REQUIREMENTS  OF THE EXCHANGE ACT OF 1934, THE REGISTRANT HAS
DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THEREUNTO
DULY  AUTHORIZED.

THE CYBER GROUP NETWORK CORPORATION
-----------------------------------
          (REGISTRANT)

Dated: December 18, 2003

BY:  /S/  R. SCOTT CRAMER
CHIEF EXECUTIVE OFFICER


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