UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

                           FORM 10-QSB

[X]   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934

      For quarterly period ended June 30, 2004

[ ]   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934

                Commission file number: 000-30245

                         IDI Global, Inc.
(Exact name of small business issuer as specified in its charter)

               Nevada                           87-0617040
(State of incorporation)                 (I.R.S. Employer Identification No.)

462 East 800 North, Orem, Utah                84097
(Address of principal executive offices)    (Zip code)

Issuer's telephone number, including area code: (801) 224-4444

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 [X]  No [ ]


As of July 13, 2004 IDI Global, Inc. had 16,022,810 shares of common stock
outstanding.

Transitional Small Business Disclosure Format: Yes [ ] No [X]

<PAGE>

                        TABLE OF CONTENTS

                  PART I: FINANCIAL INFORMATION

Item 1.  Financial Statements.............................................2

Item 2.  Management's Discussion and Analysis.............................9

Item 3.  Control and Procedures...........................................16


                    PART II: OTHER INFORMATION

Item 1.  Legal Proceedings................................................16

Item 5.  Other Information................................................16

Item 6.  Exhibits and Reports filed on Form 8-K...........................17

Signatures ...............................................................17




                  PART I: FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

The following financial information depicting our consolidated statements of
operations for the three and six month periods ended June 30, 2004 and 2003,
is unaudited.  This financial information, in the opinion of management,
includes all adjustments consisting of normal recurring entries necessary for
the fair presentation of such data.  The results of operations for the six
month period ended June 30, 2004 are not necessarily indicative of results to
be expected for any subsequent period as explained in the Management's
Discussion and Analysis, below.


                                2

<PAGE>











                IDI Global, Inc. and Subsidiaries

                Consolidated Financial Statements

                          June 30, 2004




                                3

<PAGE>

                 IDIGlobal, Inc. and Subsidiaries
                   Consolidated Balance Sheets


                              ASSETS
                                                     June 30,    December 31,
                                                       2004         2003
                                                  ------------- -------------
                                                    (Unaudited)

Current Assets
  Cash                                            $  1,254,406  $    797,176
  Restricted Cash                                      903,746       852,011
  Accounts Receivable                                  534,646        95,355
  Inventory                                              6,300         6,300
  Employee Advances                                      4,441             -
  Notes Receivable                                      25,000             -
  Prepaid Expenses                                      18,982        76,238
                                                  ------------- -------------

    Total Current Assets                             2,747,521     1,827,080

Software and Equipment, Net                            457,284       278,541

Other Assets
  Deferred Income Taxes                                117,631       135,845
  Deposits                                             241,721       231,821
  Investments                                          151,200       151,200
  Advances to Related Party                          1,136,128       953,038
  Goodwill                                           3,232,377     1,500,000
                                                  ------------- -------------

    Total Other Assets                               4,879,057     2,971,904
                                                  ------------- -------------

    Total Assets                                  $  8,083,862  $  5,077,525
                                                  ============= =============



                                4
<PAGE>


                 IDIGlobal, Inc. and Subsidiaries
                   Consolidated Balance Sheets


               LIABILITIES AND STOCKHOLDERS' EQUITY


                                                     June 30,    December 31,
                                                       2004         2003
                                                  ------------- -------------
                                                    (Unaudited)
Current Liabilities
  Accounts Payable                                $    148,258  $    118,853
  Accrued Expenses                                   1,522,990       848,776
  Income Taxes Payable                                     100           100
  Reserve for Refunds and Chargebacks                  286,765       103,000
  Notes Payable                                      1,465,942     1,303,941
                                                  ------------- -------------

    Total Current Liabilities                        3,424,055     2,374,670

Deferred Income Tax Liability                           20,320        20,320
                                                  ------------- -------------

    Total Liabilities                                3,444,375     2,394,990

Stockholders' Equity
  Preferred Stock, Authorized 8,000,000 Shares,
   $.0001 Par Value, Issued and Outstanding -0-              -             -
  Common Stock, Authorized 50,000,000 Shares,
   $.001 Par Value, Issued and Outstanding
   16,020,483 and 14,975,433, Respectively              16,020        14,976
  Additional Paid in Capital                         5,469,857     3,952,427
  Retained Earnings (Deficit)                         (846,390)   (1,284,868)
                                                  ------------- -------------

    Total Stockholders' Equity                       4,639,487     2,682,535
                                                  ------------- -------------

    Total Liabilities and Stockholders' Equity    $  8,083,862  $  5,077,525
                                                  ============= =============

                                    5

<PAGE>
<TABLE>



                      IDIGlobal, Inc. and Subsidiaries
                    Consolidated Statements of Operations
                                 (Unaudited)


                                               For the Three Months Ended  For the Six Months Ended
                                                        June 30,                   June 30,
                                                   2004          2003         2004          2003
                                              ------------- ------------- ------------ -------------

                                           <c>           <c>           <c>          <c>
Revenues, Net
  Product Sales                               $  8,924,622  $  2,752,032  $15,148,977  $  5,338,113
  Training Revenues                                693,522       176,910    2,590,640       340,001
                                              ------------- ------------- ------------ -------------

    Total Revenues                               9,618,144     2,928,942   17,739,617     5,678,114
                                              ------------- ------------- ------------ -------------
Cost of Sales
  Product Costs                                  7,016,469     2,049,626   11,329,904     3,719,011
  Training Costs                                   349,675        89,199    1,454,374       171,430
                                              ------------- ------------- ------------ -------------

    Total Cost of Sales                          7,366,144     2,138,825   12,784,278     3,890,441
                                              ------------- ------------- ------------ -------------

Gross Profit (Loss)                              2,252,000       790,117    4,955,339     1,787,673
                                              ------------- ------------- ------------ -------------
Operating Expenses
  General & Administrative                       2,308,873       671,531    4,537,228     1,586,477
                                              ------------- ------------- ------------ -------------

    Total Operating Expenses                     2,308,873       671,531    4,537,228     1,586,477
                                              ------------- ------------- ------------ -------------

Net Operating Income (Loss)                        (56,873)      118,586      418,111       201,196
                                              ------------- ------------- ------------ -------------
Other Income(Expense)
  Interest Income                                      905         1,192        1,774         2,370
  Interest Expense                                 (45,278)      (40,234)     (87,176)      (79,594)
  Other Income (Expense)                            57,799        13,913      123,983        60,681
                                              ------------- ------------- ------------ -------------

    Total Other Income(Expense)                     13,426       (25,129)      38,581       (16,543)
                                              ------------- ------------- ------------ -------------

Income (Loss) Before Income Taxes                  (43,447)       93,457      456,692       184,653

Income Tax Expense
  Deferred Income Tax (Benefit) Expense            (39,628)       45,519       18,214        77,620
                                              ------------- ------------- ------------ -------------

    Total Income Tax Expense                       (39,628)       45,519       18,214        77,620
                                              ------------- ------------- ------------ -------------

Net Income (Loss)                             $     (3,819) $     47,938  $   438,478  $    107,033
                                              ============= ============= ============ =============

Net Income (Loss) Per Share                   $      (0.00) $       0.00  $      0.03  $       0.01
                                              ============= ============= ============ =============

Weighted Average Shares Outstanding             16,013,816    11,831,944   15,971,989    11,875,000
                                              ============= ============= ============ =============

                                      6
</TABLE>
<PAGE>
<TABLE>
<CAPTION>

                      IDIGlobal, Inc. and Subsidiaries
                    Consolidated Statements of Cash Flows
                                 (Unaudited)



                                                                    For the Six Months Ended
                                                                             June 30,
                                                                        2004          2003
                                                                  -------------- --------------

                                                               <c>           <c>
Cash Flows from Operating Activities:
  Net Income                                                      $     438,478  $     107,033
  Adjustments to Reconcile Net Income to Net Cash
   Provided by Operations:
     Depreciation & Amortization                                         72,336         14,087
     Deferred Income Taxes                                               18,214         77,620
     Deposits                                                            (9,900)       (67,041)
     Bad Debt Expense                                                         -              -
  Change in Operating Assets and Liabilities (Net of Acquisitions):
     (Increase) Decrease in:
     Accounts Receivable                                               (438,635)      (480,987)
     Prepaid Expenses                                                    57,256        (18,135)
     Inventories                                                              -          3,127
     Employee Advances                                                      499              -
     Increase (Decrease) in:
     Accounts Payable                                                   (38,925)        22,564
     Accrued Expenses                                                   624,833         89,763
     Reserved for Refunds and Chargebacks                                17,659         34,731
                                                                  -------------- --------------

  Net Cash Provided(Used) by Operating Activities                       741,815       (217,238)

Cash Flows from Investing Activities:
  Payments for Notes Receivable                                         (25,000)             -
  Payments for Acquisition of Subsidiary                                (50,000)             -
  Cash Overdraft Acquired in Acquisition of Subsidiary                   (4,185)             -
  Advances to Related Party                                            (183,090)
  Purchase of Software and Equipment                                   (139,050)        (3,316)
                                                                  -------------- --------------

  Net Cash Provided (Used) by Investing Activities                     (401,325)        (3,316)

Cash Flows from Financing Activities:
  Proceeds from Issuance of Common Stock                                 18,475         75,000
  Proceeds from Notes Payable                                           150,000        115,000
  Principal Payments for Notes Payable                                        -         (8,332)
                                                                  -------------- --------------

  Net Cash Provided (Used) by Financing Activities                      168,475        181,668
                                                                  -------------- --------------

Increase (Decrease) in Cash                                             508,965        (38,886)

Cash and Cash Equivalents at Beginning of Period                      1,649,187      1,020,945
                                                                  -------------- --------------

Cash and Cash Equivalents at End of Period                        $   2,158,152  $     982,059
                                                                  ============== ==============

Cash Paid For:
  Interest                                                        $           -  $      19,678
  Income Taxes                                                    $           -  $           -



                                      7

</TABLE>
<PAGE>

                IDI Global, Inc. and Subsidiaries
          Notes to the Consolidated Financial Statements
                          June 30, 2004



GENERAL

IDI Global, Inc. and Subsidiaries, the Company, has elected to omit
substantially all footnotes to the consolidated financial statements for the
six months ended June 30, 2004 since there have been no material changes
(other than indicated in other footnotes) to the information previously
reported by the Company in their Annual Report filed on Form 10-KSB for the
fiscal year ended December 31, 2003.

UNAUDITED INFORMATION

The information furnished herein was taken from the books and records of the
Company without audit.  However, such information reflects all adjustments
which are, in the opinion of management, necessary to properly reflect the
results of the interim period presented.  The information presented is not
necessarily indicative of the results from operations expected for the full
fiscal year.

ACQUISITION OF SUBSIDIARIES

On January 8, 2004, the Company entered into an agreement and plan of
reorganization with Chief Financial, Inc. (Chief), a private company.
Pursuant to the agreement, the Company exchanged 1,000,000 shares of its
common stock valued at $1,500,000 and paid cash of $50,000 for all of the
outstanding shares of Chief.  Through this common stock issuance, the Company
acquired Chief and its wholly owned subsidiary Professional Consulting
Services, Inc., a private company.  Goodwill of $1,732,377 has been recognized
in the acquisition of these wholly owned subsidiaries.



                                8


<PAGE>

In this report references to "IDI Global," "we," "us," and "our" refer to IDI
Global, Inc. and its subsidiaries.

        SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

The Securities and Exchange Commission ("SEC") encourages companies to
disclose forward-looking information so that investors can better understand
future prospects and make informed investment decisions.  This report contains
these types of statements.  Words such as "may," "will," "expect," "believe,"
"anticipate," "estimate," "project," or "continue" or comparable terminology
used in connection with any discussion of future operating results or
financial performance identify forward-looking statements.  You are cautioned
not to place undue reliance on the forward-looking statements, which speak
only as of the date of this report.  All forward-looking statements reflect
our present expectation of future events and are subject to a number of
important factors and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS

Executive Overview

IDI Global is a holding company with three wholly-owned subsidiaries, Internet
Development, Inc. ("Internet Development") Chief Financial, Inc. ("Chief
Financial"), and Sports Media International, Inc. ("Sports Media").

Internet Development is a Internet application service provider offering both
dial-up and broadband services in the United States.  Internet Development
designs, develops and markets software applications for large organizations
and small businesses to exploit the full capabalities of the Internet,
including communications, marketing, information management, and e-commerce.
Its flagship products include ARRAY  and Quicksite Builder.  ARRAY enables
large organizations to deploy, integrate and interact with a network of
e-commerce enabled affiliate websites, while maintain a consistent, unified
brand image for the organization as a whole.  Customers include Tupperware,
New Visions International and Synergy Worldwide, among many others.  Quicksite
Builder allows a user to quickly, and without programming knowledge, build a
functional, e-commerce enabled website.  Features include auto-responders,
counters, banners, search engine site registration, online shopping mall
presence, shopping cart, merchant accounts, secures online ordering and
transactions processing, e-mail, incentive sweepstakes giveaways and customer
demographic proofing.

Chief Financial is a marketing firm which markets goods and services to the
small office/home office market.   Chief Financial provides these types of
businesses with education, training and Internet Development's software for
customers setting up their businesses online.  Chief Financial provides
products and services through its wholly-owned subsidiary, Professional
Consulting Services ("Professional Consulting").  IDI Global acquired Chief
Financial and Professional Consulting to increase our distribution of Internet
Development's software and services.  As a result of this acquisition we have
recognized increases in revenues from direct sales and marketing operations.
However, direct sales operations are highly regulated and increase the
potential risk of regulatory actions against the company.

Sports Media operates as a sports advertising and marketing company.  It is
primarily engaged in the business of selling advertising and marketing
programs for media companies, and has signed a preferred partnership agreement
with ESPN Radio Sports Marketing and ABC Radio Sales.  These three companies
are combining their efforts to leverage sports marketing brands, media and
promotional value for client campaigns.

For the six month period ended June 30, 2004 (the "2004 six month period") we
recorded total revenues of $16,944,195 on a consolidated basis and recorded
net income of $581,478.  During the second quarter of 2004, IDI Global has
invested heavily in its operations in Salt Lake City, Utah, adding hardware
and software tools and equipment to help these operations grow and run more
efficiently.  Telephony and contact technology have been implemented in an
effort to create more productive employees and greater margins.

                                9

<PAGE>

IDI Global has also introduced innovative programs that allow for multiple
revenue streams from our marketing efforts in these centers.  Introduction of
a new business partner, NeWave, Inc., and their cooperation in developing a
program where initial sale revenue is augmented by recurring monthly re-bill
revenues has created an growing base of revenue. These kinds of innovations
and partnerships have allowed the Salt Lake City and Orem, Utah facilities to
grow rapidly and become self-sustaining and profitable.  As we enter the third
quarter of 2004 with these new operations, management believes the investments
made in the 2004 second quarter will continue to pay off in increasing margins
and growing revenues.

Management may investigate potential acquisitions in order to acquire new
technology.  We cannot predict the manner in which we may complete future
acquisitions and management determines the method used based upon our review
of the situation and our relative negotiating strength.  Possible methods may
include, but are not limited to, leases, purchase and sale agreements,
licenses, joint ventures and other contractual arrangements. We may act
directly or indirectly through an interest in a partnership, corporation or
other forms of organization.  We likely will acquire a business opportunity
through the issuance of common stock or other securities.

Regarding the ARRAY  channel, we are seeing increased competition within the
direct sales industry, both from vendors like ourselves, as well as from
companies determining to fulfill their web site needs internally and not use
outside providers.  These two trends combine to produce an increasingly
competitive and challenging environment for our ARRAY  product within the
direct sales arena.

The demands on our resources to continue to fulfill orders and service current
and new clients may be significant.  Management anticipates that the new
development and financial model for ARRAY  will be an effective one and result
in a profitable scenario in the long-term.  It's possible, however, that
unforeseen challenges will arise and could impact our operating performance or
financial condition.

The loss of one or more significant clients who determine to not renew their
ARRAY  product agreements, whether to use a competitor's website system, or to
develop and maintain their own system in-house, is always a potential risk or
event that could have an adverse material effect on our financial condition.
This type of event is beyond our control, even while making every effort to
provide an industry-leading product at a price that is competitive and
affordable.  For example, we received formal notification in February 2004,
that Tupperware is proceeding on a course to develop a proprietary in-house
web site solution, and this will result in a loss of income from Tupperware in
July 2004.

Liquidity and Capital Resources

We are currently able to support our recurring day-to-day cash operating
expenses with recurring cash inflows and existing cash balances.  However, we
are unable to satisfy our total current liabilities with cash on hand.  Also,
we are dependent on the efforts of our subsidiaries and other third parties to
increase sales and, thus, increase our cash balances.

Our revenues are primarily from product sales, Internet applications and
web-site hosting and training services and our monthly cash outflow is mostly
related to cost of sales and general and administrative expenses.  Net cash
provided by operations for the 2004 six month period was $884,815 compared to
net cash used by operating activities of $217,238 for the 2003 six month
period.

We have taken steps to reduce our monthly burn rate and to become cash flow
positive; but we believe we may need an additional $1 million in the next
twelve months to continue to keep up with technological improvements and
further our business development strategies.  We operate in a very competitive
industry in which large amounts of capital are required in order to
continually develop and promote products.  We believe we will need to continue
to raise additional capital, both internally and externally, in order to
successfully compete in the long term.

                                10

<PAGE>

Net cash used by investing activities was $544,325 for the 2004 six month
period compared to $3,316 for the 2003 six month period.  The 2004 six month
period investing activities included payments of notes receivable, payment for
the acquisition of Chief Financial, advances to New Connexions, a related
party, and the purchase of software and equipment

Financing -   Our sources of financing include sales of our common stock and
loans.  Net cash provided by financing activities was $168,475 for the 2004
six month period compared to net cash provided by financing activities of
$181,668 for the 2003 six month period.  Proceeds from notes payable and stock
issuances were the sources of the financing activities for the 2004 and the
2003 six month periods.  We use the proceeds from our financing activities to
fund our operations.

We expect that any future sales of our common stock will be structured as
private placements pursuant to exemptions from the registration requirements
provided by federal and state securities laws.  The purchasers and manner of
issuance are typically determined according to our financial needs and the
available exemptions.  However, based on current market conditions in the
technology sector, we may be unable to consummate a private placement on
acceptable terms.  We also note that if we issue more shares of our common
stock our shareholders may experience dilution in the value per share of their
common stock.

Commitments and Contingent Liabilities

Our principle commitments consist of operating leases for office space in
Orem, Utah and Salt Lake City, Utah, and notes payable.  The total monthly
lease payments for the two offices are approximately $16,400.  At June 30,
2004 we had notes payable totaling $1,465,942, which included notes payable of
$861,400 to Compass Equity Partners, a third party, and $442,541 notes payable
to Kevin R. Griffith, our CEO.

Off-balance Sheet Arrangements - None.

Results of Operations

The following discussions are based on the consolidated financial statements
of IDI Global, and its subsidiaries, Internet Development, Sports Media and
Chief Financial.  These discussions summarize our financial statements for the
three and six month periods ended June 30, 2003 and 2004 and should be read in
conjunction with the financial statements, and notes thereto, included with
this report at Item I, Part I, above.

  Comparison of 2003 and 2004 Second Quarter Operations Summary
  -------------------------------------------------------------

                    Six months    Six months     Three months   Three months
                    ended         ended          ended          ended
                    June 30,2003  June 30, 2004  June 30, 2003  June 30, 2004
                    ------------- -------------- -------------- -------------
Total revenues      $  5,678,114  $  16,944,195  $   2,928,942  $  8,822,722

Total cost of sales    3,890,441     11,988,856      2,138,825     6,570,722

Gross profit           1,787,673      4,955,339        790,117     2,252,000

Total operating
 expenses              1,586,477      4,394,228        671,531     2,165,873

Net operating
 income (loss)           201,196        561,111        118,586        86,127

Total other
 income (expense)        (16,543)        38,581        (25,129)       13,426

<PAGE> 11

Total income tax          77,620         18,214         45,519       (39,628)
(benefit) expense

Net income               107,033        581,478         47,938       139,181

Net earnings
 (loss) per share   $       0.01  $        0.04  $        0.00   $      0.01


Primarily as a result of increased sales from our new subsidiaries, total
revenues for the 2004 six month period and the three month period ended June
30, 2004 (the "2004 second quarter") increased significantly compared to the
six month period ended June 30, 2003 (the "2003 six month period") and the
three month period ended June 30, 2003 (the "2003 second quarter").

Cost of sales include commissions for outsourced sales and our in-house sales
force, costs of merchant accounts, fulfillment, and other third party products
and services.  Total cost of sales were 70.8% of total sales for the 2004 six
month period compared to 68.5 % of total sales for the 2003 six month period.
Total cost of sales were 74.5% of total sales for the 2004 second quarter
compared to 73.0 % of total sales for the 2003 second quarter.

As a result of increases in revenues our gross profit increased 177.2% for the
2004 six month period compared to the 2003 six month period.  Our gross profit
increased 185.0% for the 2004 second quarter compared to the 2003 second
quarter.

Total operating expenses include salaries and benefits, rental of office
space, professional fees and other general office expenses.  These operating
expenses increased for the 2004 periods compared to the 2003 periods as a
result of over 30% increases in sales and operating staffs in April and May,
additions of small office/home office personnel, telecommunications hardware
and software to assist in targeting qualified customers, and consolidation of
our recently acquired subsidiaries' general and administrative expenses.

Total other income of $38,581 for the 2004 six month period resulted primarily
from other income of $123,983 related to interest paid by our bank for
deposits held in sweep accounts during the six month period, as well as sales
of miscellaneous products.  This other income was offset by $87,176 accrued
interest for loans from shareholders.  Total other expense of $16,543 for the
2003 six month period resulted from $79,594 accrued interest for loans from
shareholders that was offset by other income of $60,681 primarily related to
interest paid by our bank for deposits held in sweep accounts during the six
month period, as well as sales of miscellaneous products.

Total other income of $13,426 for the 2004 second quarter resulted from
$45,278 accrued interest for loans from shareholders that was offset by other
income of $57,799 primarily related to interest paid by our bank for deposits
held in sweep accounts during the second quarter, as well as sales of
miscellaneous products.  We recorded total other expense of $25,129 for the
2003 second quarter which consisted of $40,234 interest expense from accrued
interest for loans from shareholders offset by $13,913 other income from sales
of miscellaneous products.

Our deferred income tax expense for the 2004 six month period was $18,214
compared to a deferred income tax expense of $77,620 for the 2003 six month
period.  Our deferred income tax benefit was $39,628 for the 2004 second
quarter compared to a deferred income tax expense of $45,519 for the 2003
second quarter.

As a result of the above, we recorded net income for both the 2004 and 2003
periods.  Net earnings per share for the 2004 six month period was $0.04
compared to $0.01 for the 2003 six month period and $0.01 for the 2004 second
quarter compared to $0.0 for the 2003 second quarter.


                                12

<PAGE>


                     Summary of Balance Sheet
                    -------------------------

                                   For year ended      Six month period
                                   December 31, 2003   Ended June 30, 2004
                                   ------------------- -------------------
Cash                               $          797,176  $        1,254,406

Total current assets                        1,827,080           2,890,521

Total assets                                5,077,525           8,226,862

Total current liabilities                   2,374,670           3,424,055

Total liabilities                           2,394,990           3,444,375

Retained earnings (deficit)                (1,284,868)           (703,390)

Total stockholders equity          $        2,682,535  $        4,782,487

The increase of total current assets for the 2004 six month period compared to
the year ended December 31, 2003 was primarily the result of increases in cash
and $903,746 restricted cash, which consists of monies due for credit card
sales transacted near the end of the quarter that had not been posted to our
cash accounts.  In addition, accounts receivable increased from $95,355 at the
year ended December 31, 2003 to $534,646 for the 2004 six month period.  Also,
notes receivable increased from $0 at the 2003 year end to $168,000 at the
2004 six month period.

Our total assets increased for the 2004 six month period primarily due to
advances to a related party, which was the collaterializing of a note to New
Connexions for $1,084,816.  Increased goodwill of $3,232,377, related to our
acquisition of Chief Financial, also was part of the increase in total assets.

Total liabilities increased at June 30, 2004 compared to the year ended
December 31, 2003 primarily due to an increase in accrued expenses to
$1,522,990 and notes payable of $1,465,942.   Our retained deficit decreased
significantly at June 30, 2004 compared to the year ended December 31, 2003.

Factors Affecting Future Performance

    We may need additional external capital and may be unable to raise it.

Based on our current growth plan we believe we may require $1million
additional financing within the next twelve months to remain competitive in
our markets.  Our success will depend upon our ability to access equity
capital markets and borrow on terms that are financially advantageous to us.
However, we may not be able to obtain additional funds on acceptable terms.
If we fail to obtain funds on acceptable terms, then we might be forced to
delay or abandon some or all of our business plans or may not have sufficient
working capital to develop products, finance acquisitions, or pursue business
opportunities.  If we borrow funds, we could be forced to use a large portion
of our cash reserves to repay principal and interest on those funds.  If we
issue our securities for capital, the interests of investors and shareholders
could be diluted.

    We are subject to intense competition from large and small companies which
    limits our ability to obtain market share.

We face competition in the overall Internet software market, as well as in the
web site building market.  We expect competition to persist, increase, and
intensify in the future as the markets for our products and services continue
to

                                13

<PAGE>

develop and as additional competitors enter our market.  Our success in
obtaining market share will depend upon our ability to build name brand
recognition and to provide cost-effective products and services to our
customers.  We have developed our products to meet the needs of small
businesses and we believe the generality of our competitors' services may be
inadequately addressing our potential customers' needs.  In addition, many of
our current or potential competitors have broad distribution channels that
they may use to bundle competing products directly to end-users or purchasers.
If these competitors were to bundle competing products for their customers, it
could adversely affect our ability to obtain market share and may force our
prices down.

    We are dependent upon certain relationships with third parties, the loss
    of which may result in loss of customers.

We are dependent upon certain merchant and banking relationships, as well as
strategic relationships with third parties, who provide payment processing to
all our customers.  Failure of these financial institutions and third parties
to continue to provide services in a satisfactory way to our customers could
result in our loss of the business of the merchants to whom we sell products
and services.  If these financial institutions and third parties do not
continue to provide services to our customers, we may not be able to find
other third party service providers.  In that instance, our customers may
terminate their agreements with us and move their business to our competitors,
which could adversely affect our revenues and earnings.

    Our sales may suffer if we lose certain referral sources.

We have historically relied on close to 90% of our customer referrals from
outside sources.  With our recent acquisition of our subsidiaries, we have
begun trending towards reliance on our internal sources for close to 50% of
our referrals. These external and internal referral sources have been cyclical
in volume and quality over the past years.  There are typical lows in late
spring and late fall.  While we do not believe that these sources are
irreplaceable, the loss of these referral sources could have a material
adverse effect on our revenues.  We are in the process of limiting our
reliance upon outside sources for customer referrals; however, we anticipate
that referrals will be generated by these sources for the foreseeable future.

    Our research and development efforts could result in increased costs that
    could reduce our operating profit, a loss of revenue if promised new
    products are not delivered to our customers in a timely manner, or a loss
    of revenue or possible claims for damages if new products and services do
    not perform as anticipated.

The electronic commerce, web hosting and merchant processing markets in which
we compete are characterized by technological change, new product
introductions, evolving industry standards and changing customer needs.  In
order to remain competitive, we may be required to engage in a number of
research and development projects, which carry the risks associated with any
research and development effort, including cost overruns, delays in delivery
and performance problems. In our core Internet-based services, these risks are
even more acute.  These projects could result in increased research and
development costs in excess of historical levels and the loss of revenues, or
we could lose customers if  the new products and services do not perform as
intended or are not acceptable in the marketplace.
    Any delay in the delivery of new products or services could render them
less desirable by our customers, or possibly even obsolete. In addition, the
products and services we deliver to the small business market are designed to
process critical transactions including key reports and other information
associated with those transactions, all at very high volumes and processing
speeds. Any performance problems that arise with a new product or service
could result in significant processing or reporting errors.

    If competitive practices prevent our passing along all increased fees to
    our merchant customers in the future, we would have to absorb a portion of
    these increases thereby increasing our operating costs and reducing our
    profit margin.


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<PAGE>

From time to time VISA and MasterCard increase the fees that they charge
processors.  We may attempt to pass these increases along to our merchant
customers, but this might result in the loss of those customers to our
competitors who do not pass along the increases.  Our revenues from merchant
account processing are dependant upon our continued merchant relationships
which are highly sensitive and can be canceled if customer charge-backs
escalate and generate concern whether we have held back sufficient funds in
reserve accounts to cover these charge-backs.  Cancellation by our merchant
providers would most likely result in the loss of new customers and lead to a
reduction in our revenues.

    We rely on co-marketing alliances to generate clients, end-users, and
    revenue, and these agreements might hinder us from directly contacting
    potential clients in certain industries.

We have key co-marketing arrangements with strategic partners in order to use
their industry and marketing expertise.  Some of these arrangements may
provide or allow co-marketing partners some exclusive rights to co-market our
services in a particular industry, which will limit our right to contact
potential clients in that industry.  Also, if a co-marketing relationship is
terminated, we may be unable to replace that relationship with other alliances
that have comparable customer bases and user demographics.  This limitation
may affect our revenues because we expect that revenues generated from the
sale of our products and services through these strategic co-marketing
arrangements to account for a significant portion of our revenues for the
foreseeable future.  However, there can be no assurance that these
arrangements will be successful in generating meaningful revenue.

    We may experience software defects which may damage customer relations.

Despite rigorous testing, our software may nevertheless contain undetected
bugs, errors or experience failures when introduced, or when the volume of
services provided increases.  Any material errors could damage the reputation
of our service or software, as well as damage our customer relations. We have
detected errors, defects, and bugs in the past and have corrected them as
quickly as possible.  Correcting any defects or bugs we may discover in the
future may require us to make significant expenditures of capital and other
resources.  We believe that we follow industry-standard practices relating to
the identification and resolution of errors, defects, or bugs encountered in
the development of new software and in the enhancement of existing features in
our products.  As of this date we have not experienced any material adverse
effect by reason of an error, defect, or bug.

    We may experience breakdowns in our hosting services, infrastructure or
    payment processing systems, which may expose us to liabilities and cause
    customers to abandon our products and services.

We would be unable to deliver our payment processing services or hosting
services if our system infrastructures break down or are otherwise
interrupted.  Events that could cause system interruptions are:
      .   fire,
      .   earthquake,
      .   power loss,
      .   terrorist attacks,
      .   telecommunications failure, and
      .   unauthorized entry or other events.
Although we regularly back up data from operations, and take other measures to
protect against loss of data, there is still some risk of these losses.
    Despite the security measures we maintain, our infrastructure may be
vulnerable to computer viruses, hackers, rouge employees or similar sources of
disruption.  Any problem of this nature could result in significant liability
to customers or financial institutions and also may deter potential customers
from using our services.  We attempt to limit this sort of liability through
back-up systems, contractual provisions, insurance, and other security
measures.  However, we cannot assure that these contractual limitations on
liability would be enforceable, or that our insurance coverage would be
adequate to cover any liabilities we might sustain.
    Also, a breach of our e-commerce security measures could reduce demand for
our services.  The e-commerce industry is intensely focused on the need for
Internet security, particularly with respect to the

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<PAGE>

transmission and storage of confidential personal and financial data.  Any
compromise or elimination of our security could erode customer confidence in
our systems and could result in lower demand for our services or possible
litigation.

    We depend upon our proprietary rights, none of which can be completely
    safeguarded against infringement.

We rely upon trade secrets with respect to our source code and functionalities
and other non-patented proprietary information in our product development
activities.  We seek to protect trade secrets and proprietary knowledge in
part through confidentiality agreements with our employees, resellers, and
collaborators.  These agreements may not effectively prevent disclosure of our
confidential information and may not provide us with an adequate remedy in the
event of unauthorized disclosure of this information.
    In addition, if employees or collaborators develop products independently
that may be applicable to our products under development, then disputes may
arise about ownership of proprietary rights to those products or services.
Protracted and costly litigation could be necessary to enforce and determine
the scope of our proprietary rights.  It would be impossible to predict
whether litigation might be successful.

    Chief Financial's marketing approach is subject to federal regulations
    which, if changed, could restrict or eliminate its operations.

The Federal Trade Commission and Federal Communications Commission establish
direct marketing regulations which govern how Chief Financial does its
business.  Promotion and advertising groups which supply customer information
to Chief Financial are required to comply with SPAM legislation.  In addition,
Cardholder Information Security Policy requirements which take effect March 1,
2005 will add complexity and cost to the merchant account process.  Further
regulation in this area may cause processing delays or hiccups that could be
damaging to our business, or regulations could further restrict our
operations, effectively curtailing or eliminating our marketing approach.

ITEM 3. CONTROLS AND PROCEDURES

Our Chief Executive Officer, who also acts in the capacity of principal
financial officer, concluded that the disclosures related to the effectiveness
of our disclosure controls and procedures, as defined by the Securities and
Exchange Act of 1934, and our internal control over financial reporting which
were made in our annual report on Form 10-KSB, filed March 29, 2004, remain
accurate.


                    PART II: OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

On June 24, 2004, Independent Marketing, Inc. filed a law suit in the Third
District Court for Salt Lake County against Internet Development, Inc.   The
allegations are related to the hiring of three employees that were obligated
under a anti-competition agreement to Independent Marketing, Inc.  However,
the three employees were not hired by Internet Development, Inc. and we
believe the law suit lacks a cause of action.

ITEM 5.  OTHER INFORMATION

On May 18, 2004 Paul D. Watson resigned as Director, Secretary/Treasurer and
Chief Financial Officer of IDI Global.  Michael T. Morley was appointed as
Director on the same date.  Mr. Morley is 43 years old and is the owner of
M-13 Construction, a commercial construction company.  He has been involved in
the construction business for over 25 years.


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<PAGE>

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

Part I  Exhibits
31.1    Chief Executive Officer Certification
31.2    Principal Financial Officer Certification
32.1    Section 1350 Certification


Part II Exhibits
2.1     Agreement and Plan of Merger between IDI Global and Sports Media
        International, Inc. and Integrated Communication Systems, Inc., dated
        October 3, 2003 (Incorporated by reference to exhibit 2.1 for Form
        8-K, filed October 15, 2003)
2.2     Agreement and Plan of Reorganization between IDI Global and Chief
        Financial, Inc., dated January 8, 2004 (Incorporated by reference to
        exhibit 2.3 for Form 10-KSB, filed March 29, 2004)
3.1     Articles of Incorporation, as amended (Incorporated by reference to
        exhibit 3.1 for Form 10-KSB, filed January 31, 2002)
3.2     Restated bylaws of IDI Global, Inc. (Incorporated by reference to
        exhibit 3.2 for Form 10-KSB, filed January 31, 2002)
10.1    Lease Agreement between Internet Development Inc. and Stratford Park,
        L.C., dated July 7, 2000 (Incorporated by reference to exhibit 10.1
        for Form 10-QSB, as amended, filed May 22, 2002)
10.2    Employment agreement between Internet Development and Kevin R.
        Griffith, dated April 1, 2002 (Incorporated by reference to exhibit
        10.2 for Form 10-QSB, as amended, filed August 15, 2002)
10.3    Secured Convertible Promissory Note between idiglobal.com and Kevin R.
        Griffith, as amended (Incorporated by reference to exhibit 10.3 for
        Form 10-KSB, filed January 31, 2002)
10.4    Consultant Agreement between IDI Global, Inc. and Summit Resource
        Group, Inc., dated July 31, 2002 (Incorporated by reference to exhibit
        10.2 for Form 10-QSB, as amended, filed August 15, 2002)
21.1    Subsidiaries of IDI (Incorporated by reference to exhibit 21.1 for
        Form 10-KSB, filed March 29, 2004)

Reports on Form 8-K

None.


                            SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant has
duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.


                                  IDI GLOBAL, INC.



                                  /S/ Kevin R. Griffith
Date: August 14, 2004         By:____________________________________________
                                 Kevin R. Griffith
                                 President, CEO, and Chairman of the Board
                                 Principal Financial Officer

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