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 March 31, 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 March 31, 2004 was 18,059,159.


                                       1
<PAGE>


                              LIVE GLOBAL BID, INC.
                          (A DEVELOPMENT STAGE COMPANY)


                                TABLE OF CONTENTS




Part I   Financial Information                                            Page

Item 1. Financial Statements:

     Condensed Condensed March 31, 2004 (unaudited) .........................  3

     Unaudited Condensed  Statements of Operations for the three month
     and six months ended March 31, 2004 and 2003 ............................ 4

     Unaudited  Condensed  Statements of Cash Flows for the six months
     ended March 31, 2004 and 2003 ........................................... 5

     Condensed Consolidated Statements of Shareholders' Equity for the
     period from September 1, 2001through March 31, 2004 (unaudited) ......... 6

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

Item 2. Management's Discussion and Analysis and Plan of Operations .......... 9


Part II Other Information

Item 1. Legal Proceedings ....................................................19

Item 2. Changes in Securities ................................................19

Item 6. Exhibits and Reports on Form 8-K .....................................19

Signatures ...................................................................20



                                       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                                                        $      481,750
   Accounts receivable                                                180,124
   Accounts receivable-related parties                                 18,660
   Foreign tax credits receivable                                      82,260
                                                              ---------------
              Total Current Assets                                    762,794
OTHER
   Equipment and leasehold improvements (net)                          53,435
   Deferred tax assets                                                819,361
   Patent costs                                                        17,184
                                                              ---------------
                                                                    1,652,774
                                                              ===============

                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
   Accounts payable and accrued liabilities                           207,578
   Deferred revenue                                                    50,000
   Income tax payable                                                 143,558
   Advances from related parties                                       46,556
                                                              ---------------
              Total Current Liabilities                               447,692
                                                              ---------------

LONG TERM DEBT                                                         12,893
                                                              ---------------
                                                                      460,585

STOCKHOLDERS' EQUITY (DEFICIT)
   Common stock, par value $.0001, 100,000,000 shares authorized;
     shares issued  18,059,159; shares outstanding 17,044,722          18,059
   Paid in capital                                                  1,658,604
   Share subsriptions receivable                                      (86,444)
   Distributions in excess of legally stated capital                 (171,761)
   Retained earnings (deficit)                                       (273,385)
   Other comprehensive income                                          47,115
                                                              ---------------
                                                                    1,192,189
                                                              ---------------

                                                               $    1,652,774
                                                              ===============

                 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 MARCH 31,    SIX MONTHS ENDED MARCH 31,
                                             ----------------------------------------------------------
                                                  2004           2003          2004            2003
                                             -------------  -------------  -------------  -------------
<S>                                                <C>           <C>            <C>             <C>
REVENUE

   Software licensing fees                    $     30,457   $    204,720   $    555,185   $    356,330
   Software commissions                            220,306          7,368        388,724         18,339
   Other                                            76,805         99,303        137,824        114,851
                                             -------------  -------------  -------------  -------------

                                                   327,568        311,391      1,081,733        489,520
                                             -------------  -------------  -------------  -------------

COSTS AND EXPENSES

   Software licensing costs                        193,596         61,741        335,325        118,290
   Selling, general and administrative             314,905        211,630        636,934        330,821
   Research and development                              -                        79,220              -
   Depreciation and amortization                     2,686              -          2,686
   Interest                                            933            765         20,276          1,196
                                             -------------  -------------  -------------  -------------

              Total costs and expenses             512,120        274,136      1,074,441        450,307
                                             -------------  -------------  -------------  -------------

Net income (loss) before provision (benefit)
  for income taxes                                (184,552)        37,255          7,292         39,213

Income tax (benefit)                               (64,384)                     (296,190)
                                             -------------  -------------  -------------  -------------

Net income (loss)                             $   (120,168)  $     37,255   $    303,482   $     39,213
                                             =============  =============  =============  =============

BASIC AND DILUTED NET INCOME (LOSS) PER SHARE $      (0.01)          *      $       0.02           *
                                             =============  =============  =============  =============

WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING   17,014,296     10,521,213     18,904,229     10,239,614
                                             =============  =============  =============  =============
</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>
                                                                  Six Months Ended March 31,
                                                                -----------------------------
                                                                      2004            2003
                                                                -------------- --------------
<S>                                                                    <C>             <C>
OPERATING ACTIVITIES:
     Net income (loss)                                           $     303,482  $      39,212
     Depreciation and amortization                                       2,686
     Deferred tax assets                                              (457,786)
     Adjustments to reconcile net (loss) to net
        cash used by operating activities:
              Changes in:
              Accounts receivable                                      (84,836)        (8,025)
              Foreign tax credits receivable                            59,696       (135,468)
              Accounts payable                                         (82,510)       150,240
              Deferred revenue                                          50,000
              Income tax payable                                       143,558
                                                                -------------- --------------

              Net Cash  (Used) by Operating Activities                 (65,710)        45,959
                                                                -------------- --------------
INVESTING ACTIVITIES:
     Net additions to equipment and leasehold improvements             (56,121)
     Patent costs                                                       (6,258)          (810)
                                                                -------------- --------------

              Net Cash Provided (Used) by  Investing Activities        (62,379)          (810)
                                                                -------------- --------------
 FINANCING ACTIVITIES:
     Proceeds from Long Term Debt                                       12,893
     Distributions in excess of legally stated capital                 (87,540)
     Reduction in advances from related parties                        (30,058)      (142,707)
     Proceeds from stock issuance                                      687,523        195,374
                                                                -------------- --------------

              Net Cash provided by Financing Activities                582,818         52,667
                                                                -------------- --------------
   Effect of exchange rates on cash                                      1,999        (10,289)
                                                                -------------- --------------

NET INCREASE IN CASH                                                   456,728         87,527

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

CASH, end of period                                              $     481,750  $      88,275
                                                               =============== ==============

Other supplemental information

  Income taxes paid                                                      1,410
  Interest paid                                                  $      20,276  $         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                Other
                                      COMMON STOCK                              in Excess of              Comprehensive
                                ----------------------  Paid-in       Stock    Legally Stated Accumulated    Income
                                  SHARES     Amount     Capital   Subscriptions    Capital     (Deficit)     (loss)         Total
                                --------------------- ------------ ------------ ------------- ----------- ------------- -----------
<S>                                   <C>       <C>         <C>          <C>          <C>          <C>           <C>          <C>
Balances, September 30, 2001      7,525,410 $  23,642  $         -  $         -  $          -  $ (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                                                                       (202,599)                 (202,599)
                                ----------- --------- ------------ ------------ ------------- ----------- ------------- -----------

Balances, September 30, 2002      9,020,427   536,559            -            -             -    (768,934)       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                                                                        192,067                   192,067
                                ----------- --------- ------------ ------------ ------------- ----------- ------------- -----------
Balances, September 30, 2003     13,584,787 1,202,291            -     (299,595)      (84,221)   (576,867)       29,290     270,899
(unaudited)
Recapitalization December 15,
 2003                             4,000,000(1,184,706)   1,184,706                                                                -
 Share Issuance                     474,372       474      473,898                                                          474,372
 Collection of stock subscriptions                                      213,151                                             213,151
 Distributions in excess of
  legally stated capital                                                              (87,540)                              (87,540)
 Foreign currency translation
  adjustment, net                                                                                                17,825      17,825
   Net income for the quarter                                                                     303,482                   303,482
                                ----------- --------- ------------ ------------ ------------- ----------- ------------- -----------
Balances, March 31, 2004
 (unaudited)                     18,059,159 $   18,059 $ 1,658,604 $   (86,444) $    (171,761) $(273,385) $      47,115 $ 1,192,189
                                =========== ========= ============ ============ ============= =========== ============= ===========

</table>

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                       6
<PAGE>


                     LIVE GLOBAL BID, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
           (information subsequent to September 30, 2003 is 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 March 31, 2004 and
the results of its  operations for the three and six months ended March 31, 2004
and 2003,and cash flows,  for the six months ended March 31, 2004 and 2003, have
been made.  Operating  results  for the six months  ended March 31, 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  December  31,  2003 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 March 31, 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 March 31, 2004,  2,835,716  options
have been exercised for approximately  $426,000. As of March 31, 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 $36,073 to White
Sales and Auctions  Services  Ltd., a company  owned by the President and CEO of
Live Global Bid Inc.

                                       7
<PAGE>


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 six months ended March 31,
2004. There was one segment for March 31, 2003, which was foreign only:

                                              THREE MONTHS
                                         ENDED MARCH 31, 2004
                   -------------- -------------- -------------- --------------
                         U S          Canada     Inter segment       Total
                   -------------- -------------- -------------- --------------


Revenue             $     233,799  $     293,773  $    (200,004) $     327,568
EBT                        12,336       (196,889)             -       (184,553)
Total assets            1,096,003      1,392,326       (835,555)     1,652,774


                                              SIX MONTHS
                                         ENDED MARCH 31, 2004
                   -------------- -------------- -------------- --------------
                         U S          Canada     Inter segment       Total
                   -------------- -------------- -------------- --------------


Revenue             $     879,799  $     601,938  $    (400,004) $   1,081,733
EBT                       439,980       (432,688)             -          7,292
Total assets            1,096,003      1,392,326       (835,555)     1,652,774


Specific  items included in segment EBT for the three and six months ended March
31, 2004 were as follows:



                                  -------------- -------------- --------------
                                        U S          Canada           Total
                                  -------------- -------------- --------------

Revenues from external customers   $     233,799  $      82,388   $    316,187
Intersegment revenues                          -        200,005        200,005
Wage program revenues                          -         11,380         11,380
Interest income                                -              -              -
Interest expense                               -          2,211          2,211




                                  -------------- -------------- --------------
                                        U S          Canada           Total
                                  -------------- -------------- --------------

Revenues from external customers   $     879,799  $     184,388  $   1,064,187
Intersegment revenues                          -        400,005        400,005
Wage program revenues                          -         15,380         15,380
Interest income                                -          1,000          1,000
Interest expense                               -         19,000         19,000

                                       8
<PAGE>

NOTE 4 - SEGMENT INFORMATION - continued

Segment  assets  of U S (LGC)  include  goodwill  relating  to the  purchase  of
customer  contracts  from its parent and cash in bank.  Segment assets of Canada
(WWFEA) include accounts receivable trade and intercompany, deferred tax assets,
equipment  and  leasehold  improvements,   patent  costs,  foreign  tax  credits
receivable and cash. Segment revenues include an intercompany  management fee of
$200,000 a quarter.

Significant Customers

Customers  whose  sales were more than 10% of total  sales for the three and six
months ended March 31, 2004 and 2003 follows:

                                        Three Months    Six Months
                                       March 31, 2003  March 31, 2003
                                       --------------  ---------------
                     Customer A               0%             4%
                     Customer B              36%            49%

                                        Three Months     Six Months
                                       March 31, 2004  March 31, 2004
                                       --------------  --------------
                     Customer A              77%            30%
                     Customer B               6%            50%

NOTE 5 - SUBSEQUENT EVENT

On April 5, 2004,  the Company  entered  into a letter of intent to form a joint
venture with a group,  which includes the legal counsel and a shareholder of the
company.  The Company's  initial  interest in the proposed 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.


ITEM 2 - PLAN OF OPERATION



                             DESCRIPTION OF BUSINESS
                             -----------------------
                                   The Company
                                   -----------

The Company was originally incorporated in the State of Nevada on July 15, 1998,
as  "Dakota  Distribution,   Inc."  Dakota  Distribution,  Inc.  was  a  dormant
corporation  since its inception and had never engaged in any prior  business or
financing activities prior to December 18, 2003.

On December 15, 2003, our shareholders  unanimously  approved a 20 for 1 forward
split of our issued and outstanding  stock by written consent in accordance with
the laws of the State of Nevada.  Prior to the  forward  split we had  1,000,000
shares of our common stock issued and  outstanding.  After the forward  split we
had 20,000,000 shares of our common stock issued and outstanding.

On December  18,  2003,  we entered  into a Stock  Exchange  Agreement  with the
shareholders  of  World  Farm  Equipment  Auctions.Com,   Inc.,  a  Saskatchewan
corporation ("WWFEA") whereby we acquired 100% of WWFEA's issued and outstanding
common stock from the shareholders of WWFEA for 13,584,787  shares of our common


                                       9
<PAGE>

ITEM 2 - PLAN OF OPERATION - continued

stock.  Pursuant to the Stock Exchange  Agreement,  on December 18, 2003,  Kevin
Ericksteen  resigned  as the  President  and  Director of the Company and Deanna
Olson  resigned  as  Secretary,  Treasurer  and  Director  of the  Company.  Mr.
Ericksteen  and Ms. Olson also  returned an aggregate  of  16,000,000  shares of
common stock held by them to the Company treasury.  Prior to their  resignation,
Mr. Ericksteen and Ms. Olson unanimously appointed Grant Devine, Barry White and
Zelijko  Stefanovic  to replace  them as our  Directors  via written  consent in
accordance  with the laws of the State of Nevada.  The Board of  Directors  then
appointed Barry White to replace Mr. Ericksteen as President,  and Barbara White
to replace Ms. Olson as Secretary and Treasurer of Registrant.  Upon the closing
of the Stock Exchange  Agreement,  we had 17,584,787  shares of our common stock
issued and outstanding

On December 18, 2003, our shareholders,  by unanimous written consent,  voted to
amend the  Company's  Articles  of  Incorporation  to (i) change the name of the
Company from "Dakota  Distribution,  Inc." to "Live Global Bid, Inc.",  and (ii)
increase our authorized  capital stock from 25,000,000 shares of common stock to
100,000,000  shares of common stock, and (iii) authorize the Board of Directors,
in its sole  discretion,  to issue preferred stock and debt securities with such
terms  and  conditions  as it may  decide,  without  shareholder  approval.  The
Certificate  of  Amendment  was  filed  with the  Nevada  Secretary  of State on
December 19, 2003.

In April 2004,  the  company  completed a private  placement  for  approximately
1,000,000 shares at $1 per share, of which $474,372 was received as of March 31,
2004.

References  to the  "Company",  "us" or "we"  include,  except  when the context
indicates otherwise, WWFEA prior to the stock purchase and Live Global Bid, Inc.
thereafter.



                                  The Business
                                  ------------

Live Global Bid Inc. is a  communications  software  company  with  leading edge
simultaneous SUB-second streaming audio, video and data technology.  Live Global
Bid Inc.  provides  software  applications,  systems  and an  array of  Internet
services  to  a  diverse  marketplace  by  solving  the  marketplaces   customer
communications  problems.  The software brings broadcast quality video and audio
to the customer computer desktop in a cost effective manner.  LGB's products are
developed  specifically to enable its clients to increase their  performance and
grow their  business  through the  application  of the most  effective  level of
remote   communication   available.   Real-Time  Live  &  Interactive   Business
Communications  is and will continue to  revolutionize  several  elements in the
business  process both in procurement and user  application.  The combination of
this  understanding,  high  value  for  money  solutions  and ahead of the curve
broadband  technology  allow Live  Global Bid Inc.  to meet and exceed  customer
expectations.

Live  Global  Bid(tm)  is  the  industry  leader,   technically  and  in  market
penetration of the live auction over the Internet space.

While Live Global Bid Inc. is focused on the industry of auction management,  it
also provides the opportunity for streaming audio,  video and data solutions for
a diverse range of broadband multimedia applications such as E-Auctioning,  High
Quality E-Conferencing (B2B and C2C), Distance E-Learning, E-Seminars, E-Medical


                                       10
<PAGE>

ITEM 2 - PLAN OF OPERATION - continued

Services,   sporting  or  special  event  E-Casting  and  E-Surveillance.   This
technology  solution  is  visual,   audio  and  data   communications.   Without
significant   investments  or  significant  changes  to  their   infrastructure,
customers  have the  opportunity  to cost  effectively  manage and improve their
business with improved access to their customers, staff and the public.

Business Concept

Live Global  Bid(tm) 1.1 software was released  for  production  (beta  version)
purposes May.01,  2000. Since then there has been several versions deployed into
the production  environment.  Currently GSP (user  interface) is version 2.9 and
Caster (this is the server software that manages and broadcasts data) is version
1.24.  The  operating  system  for this  proprietary  software  is a robust  and
dependable UNIX based Linux Red Hat 8.0 operating system.

An important feature of the technology is that bidders using auctions powered by
Live Global  Bid(tm) can access  using  either  dial-up  customers  (1 frame 3-4
seconds)  or  high-speed  (15 frames per  second).  The  quality of the  picture
resolution is affected, however, it does not deter from the quality of the audio
and data and appears to be acceptable quality for dial-up.


1. Live Global "Bid" (Bidding Interface)
---------------------------------------

This product  utilizes two subsystems - an auction bidding  exchange  subsystem,
and an audio/video broadcast subsystem. The first subsystem provides a mechanism
for the  auctioneer,  auction  clerk,  and on-line  guest and on-line  bidder to
participate  in  the  live  auction.   It  transacts  text  and  still  pictures
information  between the  participants  to facilitate  accurate,  near real-time
updates of the auction.

2.   Live Global Bid"Audio/Video"
----------------------------------

The  second   subsystem  is  accomplished  by  using  the  Live  Global  Bid(tm)
Audio/Video product. It provides near real-time audio and video from the auction
floor to the on-line  guest/bidder.  Near real-time  (Live Global Bid(tm) design
specifications are all based on delivering  audio/video and interactive  bidding
in a fraction of a second).

Media Producer Unit

The Live Global Bid(tm) Media  Producer is the central  hardware  component.  It
converts live video and sound to a digital  format and  broadcasts  the event to
the Internet.  Sound can be mixed from multiple  sources (live  microphones,  CD
audio,  pre-stored  digital audio from hard disk).  Multiple video capture cards
with  multiple  cameras can be connected  and  switched;  brightness,  contrast,
color,  and hue can be adjusted camera by camera.  The technical  specifications
are as follows:

The  production  unit will be supported by a Digital Video camera or cameras and
microphones  connected to the  auctioneer's  main computer system to provide the
audio  and  video  feeds  sent to the  main  server  for  distribution  over the
Internet.  Backup  systems are  integrated  to ensure that no Internet  bids are
missed. A wireless back up is used to support the transmission  systems.  A Live
Global  Bid(tm)  audio  player  with a 0 to 280  milliseconds  delay  provides a
seamless  audio signal and no  discernable  delay to the end user. The technical


                                       11
<PAGE>

ITEM 2 - PLAN OF OPERATION - continued

staff has also developed  customized  proprietary  video production  software in
conjunction with a real-time video playback unit,  application  specific for the
auction  industry.  The production  software itself is based on MP3 audio format
and it is unique to Live  Global Bid Inc.  The  proprietary  technology  resides
securely in the design of the Live Global Bid(tm) system.

Audio and Video data (streams) are each carried over a separate TCP  connection.
While  maintaining two connections does increase the overhead on each end of the
connections,  it enables  easier  control of the  latency of the audio and video
streams versus multiplexing them over a single connection. One video stream plus
one audio stream is referred to as a "lane".

Minimal latency is mandatory for auction systems. To achieve this, the following
decisions were made:

     o    Prioritize  audio  data over  video  data.  Interruption  of the audio
          stream is deemed to be less desirable than  interruption  of the video
          stream.
     o    Outgoing data is not queued to great depth;  if the outgoing  queue is
          more than a small  amount,  new data is  discarded.  When the outbound
          queue is sent, it will then "catch up" to present time quickly.

Use of simple and extremely  reliable audio /video encoding  techniques  insures
that the system is extremely stable.

Caster

The  Caster  operates  as a network  multiplexer.  It  accepts a video and audio
stream (a lane) from a  producer,  and  re-broadcasts  it to  multiple  clients.
Inter-process  communication  is  controlled  by the  use of the  threads  mutex
objects.  The caster uses a shared  configuration  file with the Live Global Bid
Server application.

Browser Plug Ins

Client side bidder audio reception is done with an executable,  which decodes an
audio stream.  The  executable  serves as both a  Netscape-style  plug-in and an
MSIE-style Active X control.  The video stream is currently received,  processed
and  displayed  in the user's  browser  with Java  applet.  The audio  stream is
decoded and presented to the user via a plug-in written in C.

Software Updates

Meeting our goal of  Continuous  Improvement,  Live Global Bid's  technology  is
constantly   being   enhanced   to  meet   customer's   specific   requirements.
Periodically, Live Global Bid(tm) software updates are deployed to customers via
the server.  The updated Live Global  Bid(tm) server then updates all production
machines  when they are  activated.  The server  also  automatically  checks all
production  machines to make sure that the latest versions are being used at all
times.

In March 2004,  Live Global Bid will launch,  into its production  environment a
browser-based, semi-self-contained, stand-alone auction bidding application. OCX
controls represent  Microsoft's second generation of control  architecture being
an  independent  program  module  that can be  accessed  by other  programs in a
Windows environment. OCX is a Object Linking and Embedding custom control, it is
a special-purpose  program that can be employed for use by applications  running
on Microsoft's  Windows systems.  OCXs provide such functions as handling scroll


                                       12
<PAGE>

ITEM 2 - PLAN OF OPERATION - continued

bar  movement  and window  resizing.  Furthermore,  OCX works much  better  with
applications  that contain multiple  information  types,  such as text,  graphic
images, sound, motion video.

This new  application is called "Live Global Bidder 2.1". Live Global Bidder has
been in development for 6 months and was at the testing stage for 6 months prior
to it's  launch.  Live Global  Bidder is written in C ++,  which allows it to be
much faster and more  responsive to the end users needs. It is important for the
new application to allow for much greater  flexibility and customization as well
as an increased level of automation when rolling out the product(s).

Live Global Bidder will also allow for much higher video quality.  15 frames per
second will be the standard  frame rate for the new bidding  client.  Audio will
still remain at CD quality (44.1 KHz) as before.

Recent major  enhancements  to improve the customer's  ability to have broadcast
quality  streaming  audio  and video in a very  cost and time  effective  manner
include:

     o    A significantly  larger picture  without  consuming a larger amount of
          bandwidth.      Minimizing     bandwidth     facilitated     increased
          encoding/decoding speed.

     o    Bidder Information Improvements:
          |X|  "My Purchase": displays all purchases for past year
          |X|  "My Watches":  displays a reminder when bidder  highlighted  lots
               are coming up for auction

     o    Data Loading Revisions: (all cost & time efficient tools)
          |X|  Database Retrieval: allows for the interface of LGB with customer
               database
          |X|  Back-end Event Admin: allows customer to set up own event
          |X|  Clip Manager:  allows  customer to post Lots,  and at other times
               edit with newer information and/or photos.


     o    Increased Capacity of Dial-up to smooth out signal

     o    Chat  Line:  to  facilitate  communication  between  bidder & client a
          separate message centre for chats was developed

     o    Single LOGIN:  Bidder  information  from existing bidder  registration
          info   transferred   between   software  to  increase   the   bidder's
          convenience.

NOTE:  Live  Global  Bid(tm)  technology  is  constantly  being  updated to meet
customer  requests.  Therefore  the design view  described  herein is based on a
snapshot of the technology as of February, 2004.


Graphic Platforms

Innovative  graphics are the window for  innovative  technology.  As the leading
edge technology has been evolving so must the creative  graphic package offered.
To be successful LGB must include customization  capabilities to varying degrees
for both the technology and the graphics  offered.  Each customer wants to stand
out and be recognized for their use of the technology.  LGB's technical team has
been delivering  superior products to each of it's customers.  The following are


                                       13
<PAGE>

ITEM 2 - PLAN OF OPERATION - continued

examples of where the  customization  has been done for auction customers in the
automotive industry:

1.  Bidder Client Windows
2.  Seller Client Window
3.  Administration Client Window


                                 Business Model
                                 --------------

LGB generates revenue (in most contracts) on the "per transaction" or "per tick"
basis.  We charge for every vehicle that goes through an auction  (whether it is
sold on the  internet or not) and in most cases we generate  additional  revenue
when a vehicle is sold on the  Internet as opposed to the auction  house,  where
the auction is taking place.

LGB plans to also  introduce  a "sell  button"  that will  allow  consignors  to
remotely  approve  a sale of a  vehicle(s)  at  auctions  the  consignor  is not
physically present at. This has an appeal to big financing companies that tender
large volumes of vehicles  through  auction  houses and will no longer require a
consignor  representative  at the auction.  The "sell button" will also generate
additional revenue on a "per tick" basis.


                                   Competition
                                 --------------

To date there is only one competitor whose technology is similar to that of Live
Global Bid, Inc. However,  this competitor's  technology does not have the video
or  infrastructure  capabilities that enable clients to do their own auctions to
the extent that our company offers.

We feel that we are at least 18 months ahead of any other  company in our niche.
We are working very hard to maintaining close  relationships with our customers,
which will  enable us to become  both a  supplier  and a trusted  advisor.  This
approach has resulted in the signing of several long term contracts.



                   Dependence on One or a Few Major Customers
                   ------------------------------------------

The company has an "Enterprise  License" with Manheim Interactive and major long
term contracts with ADESA Canada and ADESA USA which account for the majority of
the  Company's  revenues..  It is the company's  plan to increase  revenues with
other  customers  to minimize  the economic  dependence  of the above  mentioned
companies.



                                       14
<PAGE>

ITEM 2 - PLAN OF OPERATION - continued

   Patents, Trademarks, Franchises, Concessions, Royalty Agreements, or Labor
  ---------------------------------------------------------------------------
                                    Contracts
                                    ---------

In October  2000,  LGB applied for 3 separate  patents for our  technology.  The
current status on all 3 patents is Patent Pending.  Live Global Bid(tm) is now a
trademarked symbol. Further, LGB's application for copyright protection has been
granted.  We have no  current  plans  for  franchises,  concessions  or  royalty
agreements  or labour  contracts  but will assess the need for any on an ongoing
basis.

            Need for Government Approval for its Products or Services
            ---------------------------------------------------------

We are not  required  to  apply  for or have  any  government  approval  for our
products or services.


               Effect of Governmental Regulations on our Business
               --------------------------------------------------

We will be subject to federal  laws and  regulations  that  relate  directly  or
indirectly  to our  operations.  We will be subject to common  business  and tax
rules and  regulations  pertaining to the operation of our business in the State
of Nevada.

                                   Litigation
                                   ----------

A claim has been made  against the  Company by a former  employee  alleging  the
Company  owes the  claimant  37,500  shares of Class A common stock for services
performed.  The Company  believes the  employee  did not fulfill his  obligation
under the agreement and therefore the agreement  fails for lack of  performance.
Management of the Company believes that its liability for damages seems remote.


              Research and Development Costs for the Past Two Years
              -----------------------------------------------------

Software  R&D  costs  incurred  prior  to  the  establishment  of  technological
feasibility  are charged to research  and  development  expense as  incurred,  a
separate   component  of  operating   expense.   Technological   feasibility  is
established upon completion of a working model, which is typically  demonstrated
after initial beta testing is completed.  Software  development  costs  incurred
subsequent  to  the  time  a  product's   technological   feasibility  has  been
established,  through the time the product is available  for general  release to
customers,   are  capitalized  if  material.  To  date,  software  research  and
development  costs incurred  subsequent to the  establishment  of  technological
feasibility have been immaterial and accordingly have not been capitalized.

Software  research and development costs are charged to research and development
expense as incurred.  No such expense was incurred  during  fiscal 2003 or 2002.
Refundable  foreign ITC tax  credits or foreign  government  grants  amounted to
$80,000 and $62,000, respectively, for 2003 and 2002.


                                       15
<PAGE>

ITEM 2 - PLAN OF OPERATION - continued

     Costs and Effects of Compliance with Environmental Laws and Regulations
     -----------------------------------------------------------------------

Environmental   regulations  have  had  no  materially  adverse  effect  on  our
operations to date, but no assurance can be given that environmental regulations
will not, in the future,  result in a curtailment of service or otherwise have a
materially  adverse  effect on our business,  financial  condition or results of
operation.  Public  interest in the protection of the  environment has increased
dramatically  in  recent  years.  The  trend  of  more  expansive  and  stricter
environmental  legislation  and regulations  could continue.  To the extent that
laws  are  enacted  or  other   governmental   action  is  taken  that   imposes
environmental  protection  requirements  that  result in  increased  costs,  our
business  and  prospects  could be  adversely  affected,  however  we feel  this
possibility is remote.


                              Equity Incentive Plan
                              ---------------------

We currently have no equity incentive or option plan in place.


                               Number of Employees
                              --------------------

We  currently  employ  approximately  23  full-time  employees  and no part-time
employees.


                          Reports to Securities Holders
                          -----------------------------

We  intend  to  provide  an  annual  report  that  includes  audited   financial
information to our shareholders.  We will make our financial information equally
available to any interested  parties or investors  through  compliance  with the
disclosure  rules  of  Regulation  S-B for a small  business  issuer  under  the
Securities  Exchange Act of 1934. We will become  subject to  disclosure  filing
requirements  once  our  SB-2  registration   statement  is  filed  and  becomes
effective,  including filing Form 10-KSB annually and Form 10-QSB quarterly.  In
addition, we will file Form 8-K and other proxy and information  statements from
time to time as required. We do not intend to voluntarily file the above reports
in the event that our  obligation  to file such reports is  suspended  under the
Exchange Act. The public may read and copy any  materials  that we file with the
Securities and Exchange Commission,  ("SEC"), at the SEC's Public Reference Room
at 450  Fifth  Street  NW,  Washington  D.  C.  20549.  The  public  may  obtain
information on the operation of the Public  Reference Room by calling the SEC at
1-800-SEC-0330.  The SEC  maintains an Internet site  (http://www.sec.gov)  that
contains  reports,  proxy and  information  statements,  and  other  information
regarding issuers that file electronically with the SEC.


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


                                       16
<PAGE>

ITEM 2 - PLAN OF OPERATION - continued

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  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  and ADESA USA who are the leading  auction houses in North America.
The Company's  business model for most customers is to earn commission on a "per
tick" or continuous  revenue stream based on the number of vehicles being posted
in  auctions  that use our  softwareand  further for  vehicles  sold to internet
buyers.  As our existing  clients  continue to order our product for  additional
auction  lanes,  our  Company's  "per tick"  auction  revenues  will continue to
increase.

The Company is continuing to serve new customers and an agreement was reached in
the second  quarter of the last fiscal year with an  industry  consortium  which
promises to bring 80 to 130 more  customers  in "Tier 2" auctions to the Company
over the next 24 months.

The Company has sold a system to a significant industry player in Australia who,
in the 2nd quarter,  held an auction in Australia  with  positive  results.  The
Company is expecting  significant  revenues from this source in the future.  The
Company  also  expects to be selling  its  products  in Europe by the end of the
current fiscal year. As our existing  clients expand their business into Europe,
we expect that local  auctions  will be  motivated to use our software to remain
competitive.

The company spent  approximately $ 80,000 in the first and second quarter on the
research and  development  of new software  products  including the  "Runmaker".
Runmaker  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.  The Company anticipates a significant new stream of revenue when this
product is introduced by the end of the current fiscal year.

There are now approximately 250,000 cars per month posted in auctions using Live
Global  Bid  technology,   which  represents  500  to  600  million  dollars  in
transaction  per  month.  This  information  is much  sought  after by  industry
publications.  The Company is now pursuing joint ventures which would complement
our  Runmaker  product,  providing  a valuable  database of  information  to the
automotive industry and adding another revenue stream to our Company.

In the mid term (over the next 24-36  months) the  company  also plans 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.

Material changes in Financial Condition

Quarter Ended March 31, 2004

Due to the proceeds from a private  placement of the Company's  common stock and
increased sales activity,  the Company's working capital and liquidity  improved
in comparison to the previous  quarter.  During the current  quarter the Company
completed the  renovation of the Moose Jaw office for  approximately  $55,000 to
enable expansion for sales, marketing and operations personnel.

                                       17
<PAGE>

ITEM 2 - PLAN OF OPERATION - continued

Six Months Ended March 31, 2004

Since the year end September 30, 2003, the Company entered into a stock exchange
transaction  and  became  a  public  reporting  company.  This  change  and  the
noticeable  increase  in sales  caused  the  Company to seek  additional  equity
financing, a substantial portion of which ($474,000) was received in March 2004.
During the six months ended March 31, 2004, selling,  general and administrative
compensation  and  fees  for  directors,  professionals  and  employees  totaled
approximately  $445,000  or 70% of total  selling,  general  and  administrative
expense.


Material Changes in Results of Operations

Six Months Ended March 31, 2004

Revenues  for this  period  equaled  total  revenues  earned for the entire last
fiscal year.  Contributing to this increase was a $500,000  license fee received
from one customer in the first quarter of the current  fiscal year.  Also during
this period,  combined  employee/directors'  compensation and professional  fees
amounted  to $416,000 or 69% of  selling,  general and  administrative  expense.
Interest expense during the first three months relating to shareholder loans was
not recurring in the second quarter.

The Company  recorded  an income tax  benefit  due to its belief  that  previous
unrecorded  deferred tax assets arising from net operating losses in prior years
could now be recognized  since it was in a profitable  position and  anticipated
continuing  profitability  sufficient  to recover  such  losses.  During the six
months ended March 31, 2004,  approximately $473,000 of deferred tax assets were
recorded for its Canadian  operations  represented  by a change in tax rate from
21% to 42%, but was offset by an income tax provision of approximately  $143,000
for its U S operations during the same period.


Six Months Ended March 31, 2003

Compared to a year ago, sales for this period  reflected a doubling in revenues,
mainly from the above  referenced  license fee  representing  $500,000  from one
customer.  Cost of licensing more than ratably increased due to newer facilities
and more personnel  added as the Company  anticipated  its increase in growth in
licensing  and  commissions.   Selling,   general  and  administrative  expenses
increased largely because of its becoming a public company in the current period
and the additional  expenses  incurred for personal added and professional  fees
incurred.  There was no  research  and  development  expense in the  comparative
period,  whereas,  the  Company  incurred  approximately  $80,000 in the current
period on new  products.  Interest  costs in the  current  period of $20,000 due
mainly in connection with  shareholder  loans to the Company had not occurred in
the comparative period.


                                       18
<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

          An 8-K was file on January 01,  2004 and Amended on February  18, 2004
          and Amended on February 19, 2004:

               On December 18, 2003, Kevin Ericksteen  resigned as the President
          of Registrant  and Deanna Olson resigned as Secretary and Treasurer of
          Registrant.  The Board of Directors  appointed  Barry White to replace
          Mr. Ericksteen as President, and Barbara White to replace Ms. Olson as
          Secretary and Treasurer of Registrant.

               On  December  18,  2003,  the  shareholders  of  Registrant,   by
          unanimous  written consent,  voted to amend  Registrant's  Articles of
          Incorporation  to (i)  change  the  name of  Registrant  from  "Dakota
          Distribution,  Inc." to "Live Global Bid, Inc.", and (ii) increase the
          authorized  capital  stock of  Registrant  from  25,000,000  shares of
          common  stock  to  100,000,000  shares  of  common  stock,  and  (iii)
          authorize the Board of  Directors,  in its sole  discretion,  to issue
          preferred  stock and debt securities with such terms and conditions as
          it may  decide,  without  shareholder  approval.  The  Certificate  of
          Amendment was filed with the Nevada Secretary of State on December 19,
          2003.

               On December 18, 2003, Kevin Ericksteen and Deanna Olson,  without
          disagreements  or conflicts,  resigned their positions as Directors of
          Registrant.  Prior to their resignation,  Mr. Ericksteen and Ms. Olson
          unanimously appointed Grant Devine, Barry White and Zelijko Stefanovic
          to replace them as Directors of the Registrant via written  consent in
          accordance with the laws of the State of Nevada.


                                       19
<PAGE>

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: Maye 21, 2004

LIVE GLOBAL BID, INC.
(Registrant)

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

                                       20
<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:May 21, 2004

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

                                       21
<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 March 31, 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: May 21, 2004

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


                                       22
<PAGE>