SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 10-QSB

[X]  Quarterly  report under Section 13 or 15(d) of the Securities  Exchange Act
     of 1934 for the quarterly period ended June 30, 2004

[ ]  Transition report under Section 13 or 15(d) of the Securities  Exchange Act
     of 1934 for the transition period from ______________ to ______________


                        Commission file number: 000-32761

                              LIVE GLOBAL BID, INC.
                     --------------------------------------
        (Exact name of small business issuer as specified in its charter)


           NEVADA                                                86-1024813
--------------------------------------------------------------------------------
(State or other jurisdiction of                               (I.R.S. Employer
incorporation or organization)                               Identification No.)

            2075 Norwood Avenue Moose Jaw, Saskatchewan S6H 4P2
                   ------------------------------------------
               (Address of principal executive office) (Zip Code)

                                  602-821-6492
                              ---------------------
                           (Issuer's telephone number)

Check whether the issuer:  (1) filed all reports required to be filed by Section
13 or 15(d) of the  Exchange  Act 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 XX  No
   ----    ----

The number of outstanding shares of the issuer's common stock, $0.001 par value,
as of June 30, 2004 was 18,524,849.


                                       1
<PAGE>




                     LIVE GLOBAL BID, INC. AND SUBSIDIARIES



                                TABLE OF CONTENTS


Part I Financial Information                                               Page

Item 1. Financial Statements:

          Condensed Consolidated Balance Sheet, June 30, 2004 (unaudited) ... 3

          Unaudited Condensed Consolidated Statements of Operations for the
          three month and nine months ended June 30, 2004 and 2003 .......... 4

          Unaudited Condensed Consolidated Statements of Cash Flows for the
          nine months ended June 30, 2004 and 2003 .......................... 5

          Condensed Consolidated Statements of Shareholders' Equity for the
          period from September 1, 2001,  through June 30, 2004 (unaudited) . 6

          Notes to Consolidated Financial Statements (unaudited)  ........... 7

Item 2. Management's Discussion and Analysis or Plan of Operations ..........11

Part II Other Information

Item 1. Legal Proceedings ...................................................14

Item 2. Changes in Securities ...............................................14

Item 6. Exhibits and Reports on Form 8-K ....................................14

Signatures ..................................................................14

                                       2
<PAGE>


Part I Financial Information

Item 1. Financial Statements:

                              LIVE GLOBAL BID, INC.
                      CONDENSED CONSOLIDATED BALANCE SHEET
                                 March 31, 2004
                                   (unaudited)


                                     ASSETS

CURRENT ASSETS
  Cash                                                         $        591,076
  Accounts receivable                                                   228,000
  Accounts receivable-related parties                                   171,349
                                                             ------------------
          Total Current Assets                                          990,425
                                                             ------------------

PROPERTY AND EQUIPMENT, net                                              61,477

OTHER
  Patent costs                                                           19,069
                                                             ------------------
                                                              $       1,070,970
                                                             ==================

                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Accounts payable and accrued liabilities                    $          91,090
  Deferred revenue                                                       36,250
  Income tax payable                                                    143,558
  Current portion of long term debt                                       4,320

                                                             ------------------
          Total Current Liabilities                                     275,218
                                                             ------------------

LONG TERM DEBT                                                            7,473
                                                             ------------------
                                                                        282,691
                                                             ------------------

STOCKHOLDERS' EQUITY (DEFICIT)
  Common stock, par value $.001, 100,000,000 shares authorized;
   shares issued  18,524,849;
   shares outstanding 17,510,457                                         18,525
  Paid in capital                                                     2,123,828
  Share subsriptions receivable                                         (86,444)
  Distributions in excess of legally stated capital                    (174,761)
  Retained earnings (deficit)                                        (1,145,962)
  Currency translation adjustments, net                                  53,093
                                                             ------------------
                                                                        788,280
                                                             ------------------

                                                               $      1,070,970
                                                             ==================

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS


                                       3
<PAGE>


                     LIVE GLOBAL BID, INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

                                   (unaudited)

<table>
<caption>

                                                   THREE MONTHS ENDED June 30,     NINE MONTHS ENDED June 30,
                                                ------------------------------- -------------------------------
                                                      2004            2003            2004            2003
                                                --------------- --------------- --------------- ---------------
<S>                                                    <C>             <C>             <C>              <C>
REVENUE

  Software licensing fees                         $      27,308   $     230,168   $     582,493   $     586,498
  Software commissions                                  327,360          17,531         716,084          35,870
  Other                                                 129,560          51,555         267,384         166,406
                                                --------------- --------------- --------------- ---------------
          Total revenues                                484,228         299,254       1,565,961         788,774
                                                --------------- --------------- --------------- ---------------
COSTS AND EXPENSES

  Software licensing,commissions and other costs        301,550          72,450         636,875         190,740
  Selling, general and administrative                   244,500         247,576         885,396         578,397
  Research and development                                  392                          79,612               -
  Depreciation and amortization                           3,388               -           6,074               -
  Interest                                                  495             831          20,771           2,027
                                                --------------- --------------- --------------- ---------------

          Total costs and expenses                      550,326         320,857       1,628,729         771,165
                                                --------------- --------------- --------------- ---------------
Income (loss) before provision for
  income taxes                                          (66,098)        (21,603)        (62,768)         17,609

Provision for income taxes                                    -                         143,558
                                                --------------- --------------- --------------- ---------------
Net income (loss)                                 $     (66,098)  $     (21,603)   $   (206,326)  $      17,609
                                                =============== =============== =============== ===============

NET INCOME (LOSS) PER SHARE-Basic and diluted           *                *         $      (0.01)         *
                                                =============== =============== =============== ===============

WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        17,503,818      10,765,761      20,311,805      10,414,996
                                                =============== =============== =============== ===============
</table>

          * less than $.01 per share

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS


                                       4
<PAGE>

                     LIVE GLOBAL BID, INC. AND SUBSIDIARIES

                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

                                   (unaudited)
<table>
<caption>
                                                                   Nine Months Ended June 30,
                                                               --------------------------------
                                                                      2004            2003
                                                               ---------------- ---------------
<S>                                                                    <C>             <C>
 OPERATING ACTIVITIES:
  Net income (loss)                                              $     (206,326)  $      17,609
  Depreciation and amortization                                           6,074
  Adjustments to reconcile net (loss) to net
     cash used by operating activities:
          Changes in:
          Accounts receivable                                          (285,400)         (9,622)
          Foreign tax credits receivable                                141,955         (82,487)
          Accounts payable                                             (198,999)        128,374
          Deferred revenue                                               36,250
          Income tax payable                                            126,537
                                                               ---------------- ---------------


          Net Cash Provided (Used) by Operating Activities             (379,908)         53,875
                                                               ---------------- ---------------

INVESTING ACTIVITIES:
  Additions to equipment and leasehold improvements                     (67,551)
  Patent costs                                                           (8,142)         (1,744)
                                                               ---------------- ---------------

          Net Cash Provided (Used) by  Investing Activities             (75,693)         (1,744)
                                                               ---------------- ---------------

 FINANCING ACTIVITIES:
  Proceeds from Long Term Debt                                           11,792
  Distributions in excess of legally stated capital                     (90,540)
  Reduction in advances from related parties                            (76,614)       (192,450)
  Proceeds from stock issuance                                        1,153,213         210,842
                                                               ---------------- ---------------

          Net Cash provided by Financing Activities                     997,851          18,393
                                                               ---------------- ---------------
  Effect of exchange rates on cash                                       23,803         (25,089)
                                                               ---------------- ---------------

NET INCREASE IN CASH                                                    566,054          45,435

CASH, beginning of period                                                25,022             748
                                                               ---------------- ---------------

CASH, end of period                                              $      591,076   $      46,189
                                                               ================ ===============
Other supplemental information

  Income taxes paid                                              $        1,410
                                                               ================
  Interest paid                                                  $       20,771   $         429
                                                               ================ ===============
</table>

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS


                                       5
<PAGE>

                     LIVE GLOBAL BID, INC. AND SUBSIDIARIES

            CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
<table>
<caption>


                                                                                  Distributions in
                                                                                     Excess of
                                          COMMON STOCK                                Legally                  Currency
                                   ------------------------  Paid-in       Stock       Stated    Accumulated  Translation
                                        Shares    Amount     Capital   Subscriptions   Capital    (Deficit)   Adjustments    Total
                                   ------------- ---------- ---------- ------------- ----------- ------------- ---------- ---------
<S>                                      <C>       <C>         <C>        <C>            <C>        <C>           <C>       <C>
Balances, September 30, 2001           7,525,410 $  323,642  $       -  $          -   $       -  $   (566,335) $  19,905 $(222,788)
Proceeds from sale of common
   stock @ $.95                        1,495,018    212,917                                                                 212,917
Foreign currency translation adjustment                                                                               842       842
Net( loss) for the year                                                                               (202,593)            (202,599)
                                   ------------- ---------- ---------- ------------- ----------- ------------- ---------- ---------

Balances, September 30, 2002           9,020,427    536,559          -             -           -      (768,928)    20,747  (211,628)
Proceeds from sale of common stock     1,115,685    171,092                                                                 171,092
Proceeds from sale of common stock       669,418     68,437                                                                  68,437
Exercise of stock options              2,779,256    426,202                 (299,595)                                       126,608
Distributions in excess of legally
   stated capital                                                                        (84,221)                           (84,221)
Foreign currency translation
   adjustment,net                                                                                                   8,543     8,543
Net income for the year                                                                               (170,708)             192,067
                                   ------------- ---------- ---------- ------------- ----------- ------------- ---------- ---------
Balances, September 30, 2003          13,584,787  1,202,291          -      (299,595)    (84,221)     (939,636)    29,290   (91,870)
(unaudited)                                                                                                                       -
Recapitalization December 15, 2003     4,000,000 (1,184,706) 1,184,706                                                            -
Share Issuance                           940,062        940    939,122                                                      940,062
Collection of stock subscriptions                                            213,151                                        213,151
Distributions in excess of legally
   stated capital                                                                        (90,540)                           (90,540)
Foreign currency translation
   adjustment,net                                                                                                  23,803    23,803
Net (Loss) for the nine months ended
   June 30, 2004                                                                                      (206,326)            (206,326)
                                   ------------- ---------- ---------- ------------- ----------- ------------- ---------- ---------

Balances, June 30, 2004 (unaudited)   18,524,849 $   18,525 $2,123,828  $   (86,444) $  (174,761) $ (1,145,962)  $ 53,093 $ 788,280
                                   ============= ========== ========== ============= =========== ============= ========== =========
</table>


                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                       6
<PAGE>

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE 1 - BASIS OF PRESENTATION

In the opinion of management,  the accompanying  un-audited  condensed financial
statements have been prepared in accordance with accounting principles generally
accepted in the United States of America for interim  financial  information and
with the  instructions to Form 10-QSB.  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 accruals) considered necessary for a
fair  presentation of the Company's  financial  position as of June 30, 2004 and
the results of its  operations for the three and nine months ended June 30, 2004
and 2003, and cash flows, for the nine months ended June 30, 2004 and 2003, have
been made.  Operating  results for the nine  months  ended June 30, 2004 are not
necessarily  indicative  of the results  that may be expected for the year ended
September 30, 2004.

These un-audited  condensed  financial  statements should be read in conjunction
with the financial  statements and notes thereto contained in the Company's Form
10-QSB for the quarter ended March 31, 2004 and the audited financial statements
for the year ended  September 30, 2003 and 2002  included in the Company's  Form
8-K/A.

Principles of Consolidation

The  consolidated  financial  statements  include  the  historical  consolidated
financial statements of Worldwide Farm Equipment  Auctions.com Ltd. (WWFEA), its
100 percent owned  subsidiary,  Live Global  Communications  USA Inc. (LGC), and
Live Global Bid Inc.,  formerly Dakota  Distribution Inc., as of the date of the
stock exchange  transaction on December 18, 2003. All  significant  intercompany
accounts and transactions have been eliminated in consolidation.

NOTE 2 - OPTIONS TO PURCHASE COMMON STOCK

As of June 30,  2004,  the Company  issued a total of 5,353,467  stock  purchase
options to purchase  5,353,467 shares of common stock at $.15 per share, over an
extended period ending in May, 2005. As of June 30, 2004, 2,835,716 options have
been  exercised  for  approximately  $426,000.  As of June 30,  2004  there were
1,014,437  shares  subscribed  for but not  issued  as a result  of the  options
exercised,  and 2,517,751  unexercised options outstanding.  All options granted
were issued at nominal value to non-employees as either part of the total amount
paid for their purchase of common stock of the Company or for services rendered.

NOTE 3 - RELATED PARTY TRANSACTIONS

During the current  quarter,  the  Company  advanced a total of $65,188 to White
Sales and Auctions  Services  Ltd., a company  owned by the President and CEO of
Live Global Bid Inc.

During  the  current  quarter,  the  Company  advanced  a total  of  $43,894  to
Autoprofile  Corp., a joint venture  company that Live Global Bid Inc. has a 34%
interest in, pending the finalization of the shareholders agreement.

NOTE 4 - SEGMENT INFORMATION

The tables below  present  revenues and earnings  before  income tax (EBT),  and
total assets for reported  segments for the three and nine months ended June 30,
2004. There was one segment for June 30, 2003, which was foreign only:

                                       7
<PAGE>

SEGMENT INFORMATION - continued

                                            THREE MONTHS
                                        ENDED June 30, 2004
                --------------- --------------- --------------- ---------------
                        U S          Foreign     Inter segment        Total
                --------------- --------------- --------------- ---------------


Revenue            $    330,191    $    351,895    $   (197,858)   $    484,228
EBT                      95,763        (164,004)          2,142         (66,098)
Total assets          1,528,042         801,236      (1,258,309)      1,070,970


                                             NINE MONTHS
                                        ENDED JUNE 30, 2004
                --------------- --------------- --------------- ---------------
                        U S          Foreign     Inter segment        Total
                --------------- --------------- --------------- ---------------


Revenue            $  1,209,990    $    953,833    $   (597,862)   $  1,565,961
EBT                     535,743        (600,653)          2,142         (62,768)
Total assets          1,528,042         801,237      (1,258,309)      1,070,970


Specific  items included in segment EBT for the three and nine months ended June
30, 2004 were as follows:

                                --------------- --------------- ---------------
                                        U S           Foreign          Total
                                --------------- --------------- ---------------

Revenues from external customers   $    330,191    $    150,348    $    480,539

Intersegment revenues                         -         197,858         197,858

Wage program revenues                         -           3,689           3,689

Interest income                               -               -               -

Interest expense                             57             438             495




                                --------------- --------------- ---------------
                                         U S          Foreign          Total
                                --------------- --------------- ---------------

Revenues from external customers   $  1,209,990    $    334,736    $  1,545,892

Intersegment revenues                         -         597,862         597,862

Wage program revenues                         -          19,070          19,070

Interest income                               -           1,000           1,000

Interest expense                             57          20,714          20,771

                                       8
<PAGE>

SEGMENT INFORMATION - continued

Segment assets of US (LGC) include accounts receivable, goodwill relating to the
purchase of customer contracts from its parent and cash in bank. Foreign segment
assets   (WWFEA)   include   accounts   receivable,   equipment   and  leasehold
improvements,  patent costs, and cash.  Segment revenues include an intercompany
management fee of $200,000 per quarter.

Significant Customers

Customers  whose  sales were more than 10% of total sales for the three and nine
months ended June 30, 2004 and 2003 follows:

                                       Three Months     Nine Months
                                      June 30, 2003   June 30, 2003
                                      -------------   -------------
                         Customer A          0%              4%
                         Customer B         36%              49%

                                       Three Months     Nine Months
                                      June 30, 2004   June 30, 2004
                                      -------------   -------------
                         Customer A         81%             30%
                         Customer B          4%             36%

NOTE 5 - PRIOR PERIOD ADJUSTMENTS AND RESTATEMENT OF REPORTED NET INCOME

Fiscal Year Ended September 30, 2003

The Company's legal subsidiary,  Worldwide Farm Equipment  Auctions.com Ltd. and
subsidiary  originally  reported a loss before income tax benefit for the fiscal
year ended  September  30, 2003 of $170,708,  an income tax benefit of $362,775,
and net income of $192,067.

The  recorded  income tax benefit and related  deferred tax assets were based on
Canadian   non-capital   losses,   Research  and  Development  tax  credits  and
expenditure pool. Under Canadian generally accepted  accounting  principles such
tax  benefits may be  recognized  if the Company has the ability to utilize such
benefits in the future.  Additional pretax operating losses were incurred during
the six months ended March 31, 2004, in Canada,  resulting in the recognition of
additional  income tax  benefits and related  deferred  tax assets  including an
increase  in the tax rate  from  21% to 43% for  certain  benefits,based  on the
Company's change from being a private Company to a public Company.

Under US generally  accepted  accounting  principles,  a valuation  allowance is
required to be  provided to offset any such tax  benefits to the extent such tax
benefits  are more likely to not be  utilized  during the  carry-forward  period
based on all of the available  evidence.  Since US generally accepted accounting
principles  is applicable to the  Company's  financial  statements,  rather than
Canadian generally accepted accounting principles,  the recorded tax benefit for
all  periods  in  which  they  were  reported  are  eliminated  resulting  in  a
substantial  reduction  in net  income,  an  increase in the deficit in retained
earnings and a reduction in earnings per share as follows:


                                       9
<PAGE>

PRIOR PERIOD ADJUSTMENTS AND RESTATEMENT OF REPORTED NET INCOME - continued

CONSOLIDATED RESULTS OF OPERATIONS
                                              Fiscal Year Ended
                                              September 30, 2003
                                      -----------------------------
                                         Originally
                                           Reported        Restated
                                      -------------   -------------
Income (los) before income taxes        $  (170,708)    $  (170,708)

Income taxes (benefit)                     (362,775)              -
                                      -------------   -------------
Net income (loss)                       $   192,067     $  (170,708)
                                      =============   =============
Net income (loss) per share                   $0.01          ($0.01)
                                      -------------   -------------

Weighted average shares outstanding      12,824,060      12,824,060
                                      -------------   -------------

                                               Quarter Ended
                                      -----------------------------
                                              December 31, 2003
                                      -----------------------------
                                         Originally
                                          Reported         Restated
                                      -------------   -------------
Income (los) before income taxes        $   169,644     $   169,644

Income taxes (benefit)                     (231,938)        141,814
                                      -------------   -------------
Net income (loss)                       $   401,582     $    27,830
                                      =============   =============
Net income (loss) per share                   $0.03           $0.00
                                      -------------   -------------

Weighted average shares outstanding      14,918,120      14,918,120
                                      -------------   -------------

                                            Six Months Ended
                                     ------------------------------
                                              March 31, 2004
                                      -----------------------------
                                         Originally
                                           Reported        Restated
                                      -------------   -------------
Income (los) before income taxes        $     7,292     $     7,292

Income taxes (benefit)                     (296,190)        141,946
                                      -------------   -------------
Net income (loss)                       $   303,482     $  (134,654)
                                      =============   =============
Net income (loss) per share                   $0.02          $(0.01)
                                      -------------   -------------

Weighted average shares outstanding      17,014,296      17,014,296
                                      -------------   -------------

                                       10
<PAGE>

PRIOR PERIOD ADJUSTMENTS AND RESTATEMENT OF REPORTED NET INCOME - continued

CONSOLIDATED RETAINED EARNINGS (DEFICIT)
                                         Originally
                                           Reported        Restated
                                      -------------   -------------
      September 30, 2003                $  (576,867)    $  (939,642)
  Net income (loss) six months
     ended March 31, 2004                   303,482        (134,654)
                                      -------------   -------------

Balance March 31, 2004                  $  (273,385)    $(1,074,296)
                                      =============   =============
NOTE 6 - JOINT VENTURE

On  April 5,  2004,  the  Company  formed a joint  venture  with a group,  which
includes  the legal  counsel and a  shareholder  of the company.  The  Company's
initial  interest  in the  joint  venture  is 50%,  which  requires  no  capital
contribution.  The joint venture will be the exclusive licensee of the Company's
software  and  trademark   rights  for  use  in  connection  with  sports  media
distribution and broadcasting.

NOTE 7 - SETTLEMENT OF LITIGATION

A claim had been made  against the  Company by a former  employee  alleging  the
Company  owed the  claimant  37,500  shares of Class A common stock for services
performed. This claim has since been settled without any financial impact on the
Company.


MANAGEMENT'S DISCUSSION AND ANALYSIS AND RESULTS  OF OPERATIONS
---------------------------------------------------------------

The  following  discussion  is intended to provide an analysis of our  financial
condition  and plan of  operation  and  should be read in  conjunction  with our
financial  statements  and the notes  thereto  set  forth  herein.  The  matters
discussed  in this section that are not  historical  or current  facts deal with
potential future circumstances and developments. Our actual results could differ
materially from the results discussed in the forward-looking statements. Factors
that could cause or  contribute  to such  differences  include  those  discussed
below.

Our recent  dramatic  increase in revenue is due to the  acceptance  of our Live
Global Bid 1.1 Software and the completion of significant contracts with Manheim
Interactive,  ADESA Canada and ADESA USA who are the leading  auction  houses in
North  America.  Our business model for most customers is to be compensated on a
"per tick" or continuous  revenue  stream based on the number of vehicles  being
posted in auctions that use our software and further  revenues for vehicles sold
to internet  buyers.  Our existing clients are continuing to add our software to
additional  auction  lanes in their  companies.  With each  additional  customer
lanes,  our revenues will increase  with little  increase in our related  costs.
From the  existing  products we have and the  continued  market  acceptance  and
adoption  of these  products,  we expect  revenues  and  profits to  continue to
increase for the foreseeable future.

Live Global Bid Inc. is continuing to attract and to serve new customers. During
the second  quarter of the last fiscal  year an  agreement  was reached  with an
industry consortium which promises to bring 80 to 130 more customers in "Tier 2"
auctions to LGB over the next 24 months.  We have sold a system to a significant
industry  player in Australia  that has held auctions in Australia with positive


                                       11
<PAGE>

MANAGEMENT'S DISCUSSION AND ANALYSIS AND RESULTS  OF OPERATIONS - continued

results. We are expecting  significant  revenues from this source in the future.
We now dominate the North  American  auto auction  market and are looking to the
salvage  market for future sales.  We are in serious  negotiations  with a major
player in that  market.  We have also made  efforts  to market our  products  in
Europe and as our existing  clients  expand  their  products to Europe we expect
that  their   competitors  will  be  motivated  to  use  our  software  to  stay
competitive.

We have spent  approximately  $ 80,000 on research and  development in the first
and second quarter on new software products including the "Run Maker" which will
assist  existing and new users of our Live Global Bid software in recording  and
describing  the "run" of  vehicles in lots that make up  existing  auctions.  We
anticipate a  significant  new stream of revenue when this product is introduced
in the 4th quarter.  We are also pursuing  joint  ventures with major players in
the automotive information business. Such venture would aid our Runmaker product
in adding a  substantial  database  and also  source  new  revenue  streams  for
information  now  generated  through our  business as we now have  approximately
250,000 cars running through our auctions per month which  represents 500 to 600
million dollars in transaction per month.  This information is much sought after
by industry  publications  and we now can offer a very cost effective and timely
manner of collecting this information.

In the mid term  (over the next  24-36  months)  we also plan to pursue  auction
houses in non  English  speaking  countries  such as those in Latin  America and
Asia, as well as pursuing the art and antique business.

Results of Operations

Quarter Ended June 30, 2004 as compared to quarter ended June 30, 2003.

Total revenues for the quarter ended June 30, 2004 were $ 484,228 as compared to
$ 299,254 for the same period in fiscal  2003,  an increase of 62%. Our software
licensing  fees  during the  quarter  ended June 30,  2004  decreased  by 88% to
$27,308  from  $230,168  for the same period in fiscal  2003.  This  decrease is
largely  caused by  management's  preference  for  software  commission  revenue
structures  within  customer  contracts.  This  adjustment  to new  contracts is
evident as software commissions  increased in the quarter ended June 30, 2004 to
$327,360 from $17,531 for the same period in fiscal 2003.

Software  licensing,  commission  and other costs for the quarter ended June 30,
2004  increased to $301,550 from $72,450 for the same period in fiscal 2003, due
to added technical and support  requirements as a result of increasing  customer
volume.

The net loss  increased  from  $21,603 for the quarter  ended June 30, 2003 to a
loss of $66,098  in the  current  quarter.  The  increase  in the loss is due to
increasing  staff  requirements  consistent  with a growing  customer base, plus
depreciation and amortization, not previously applicable.

Nine Months Ended June 30, 2004 as compared to Nine Months Ended June 30, 2003.

For the nine months  ended June 30,  2004,  total  revenues  increased by 99% to
$1,565,961  from  $788,774  in fiscal  year  2003.  The  increase  is due to the
installation of new software systems and the signing of new contracts  resulting
in increasing commission revenues.

Software licensing costs increased by 234% to $636,875 for the nine months ended
June 30, 2004 from the same period in fiscal year 2003. The increase in software


                                       12
<PAGE>

MANAGEMENT'S DISCUSSION AND ANALYSIS AND RESULTS  OF OPERATIONS - continued

licensing  costs is due  primarily  to greater  server,  technical  support  and
installation costs associated with an increased volume of customers.

Selling,  general  and  administrative  expenses  increased  by 56% for the nine
months  ended June 30, 2004 to  $885,396  from  $578,397  for the same period in
fiscal  year 2003.  The  increase  is due  primarily  to the  addition  of staff
members, and increasing marketing and professional services expenses.

Research and development costs of $79,612 were incurred in the nine month period
ended June 30, 2004 to prepare and test the  Runmaker  product for our  existing
and future customers.

Interest expense was $20,771 for the nine months ended June 30, 2004 from $2,027
for the same  period in fiscal  year 2003,  primarily  for the final  payment of
interest on shareholder loans.

Financial Condition, Liquidity and Capital Resources

At June 30, 2004, we had $591,076 in cash. The increase in cash is primarily due
to proceeds  received in the  completion of the private  placement for 1,000,000
shares, which was completed in April of the current fiscal year.

Approximately  $350,000 of the private placement funds were used to complete the
renovation of the Moose Jaw office, research and development, advances made to a
joint venture  company and for working  capital.  We intend to utilize the funds
from our private  placement for further  research and  development and operating
expenses  required to test and market  products  that are  complimentary  to our
current technology.  The remaining funds will be used for strategic acquisitions
that may or may not materialize.

We anticipate  that our cash flow from  operations  and  available  cash will be
sufficient  to meet our  anticipated  financial  needs  for at least the next 12
months.  However,  in  certain  circumstances  we may need to  raise  additional
capital in the future,  which might not be available on  reasonable  terms or at
all.  Failure to raise capital when needed could adversely  impact our business,
operating  results and  liquidity.  If additional  funds are raised  through the
issuance  of  equity  securities,   the  percentage  of  ownership  of  existing
stockholders would be reduced.  Furthermore,  these equity securities might have
rights, preferences or privileges senior to our Common Stock. Additional sources
of financing may not be available on acceptable terms, if at all.

Our primary resource  commitments at June 30, 2004 consist of long term debt and
operating lease commitments,  primarily for computer equipment, vehicles and our
corporate office facilities.

We  intend  to  pursue  additional  research  and/or  sub-contractor  agreements
relating to our  development  projects.  Additionally,  we may seek partners and
acquisition  candidates of businesses  that are  complementary  to our own. Such
investments would be subject to our obtaining financing through issuance of debt
or other securities, which may be dilutive to stockholders.

                                       13
<PAGE>

PART II - OTHER INFORMATION

Item 1. Legal Proceedings
        None

Item 2. Changes in Securities
        None

Item 6. Exhibits and Reports on Form 8-K

     (a) Exhibits

     31   Certificate of CEO & CFO as Required by Rule 13a-14(a)/15d-14

     32   Certificate  of CEO & CFO as  Required  by  Rule  13a-14(b)  and  Rule
          15d-14(b)  (17 CFR  240.15d-14(b))  and Section  1350 of Chapter 63 of
          Title 18 of the United States Code


     (b) Reports on Form 8-K
         None


SIGNATURE

     In accordance  with Section 12 of the Securities  Exchange Act of 1934, the
registrant caused this registration  statement to be signed on its behalf by the
undersigned, thereto duly authorized.

Date: August 5, 2004

LIVE GLOBAL BID, INC.
(Registrant)

By:  /s/ Barry White
--------------------------
         Barry White
         President and Director


                                       14
<PAGE>



                                   EXHIBIT 31
                                  CERTIFICATION

I, Barry White, certify that:

1. I have  reviewed  this  quarterly  report on Form  10-QSB of LIVE GLOBAL BID,
INC.;

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  officers  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 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 prior to 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 as of the Evaluation Date;

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

     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  officers  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: August 5, 2004

By:  /s/ Barry White
--------------------------
Barry White CEO & CFO


                                       15
<PAGE>



                                  EXHIBIT 32
                            CERTIFICATION PURSUANT TO
                                 18 U.S.C. 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of LIVE GLOBAL BID, INC. (the "Company")
on Form 10-QSB for the period ended June 30, 2004, as filed with the  Securities
and Exchange Commission on the date hereof (the "Report"),  I, Kevin Ericksteen,
Chief Financial Officer of the Company,  certify, pursuant to 18 U.S.C. 1350, as
adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

The Report fully complies with the requirements of Section 13(a) or 15(d) of the
Securities Exchange Act of 1934; and

The  information  contained  in the  Report  fairly  presents,  in all  material
respects, the financial condition and results of operations of the Company.

Date: August 5, 2004

By:  /s/ Barry White
--------------------------
Barry White CEO & CFO

                                       16
<PAGE>