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 March 31, 2005

[ ]  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 May 11,  2005 IDI  Global,  Inc.  had  19,260,174  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 2. Unregistered Sales of Equity Securities and Use of Proceeds...16

Item 6. Exhibits......................................................16

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














<PAGE>



                          PART I: FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS


The following financial information depicting our consolidated statements of
operations for the three and three month periods ended March 31,2005 and 2004 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 three month period
ended March 31, 2005 are not necessarily indicative of results to be expected
for any subsequent period as explained in the Management's Discussion and
Analysis, below.



                                       1

<PAGE>










                        IDI Global, Inc. and Subsidiaries

                        Consolidated Financial Statements

                                 March 31, 2005


                                       2
<PAGE>

                        IDIGlobal, Inc. and Subsidiaries
                           Consolidated Balance Sheets



<TABLE>
<CAPTION>
                                     ASSETS
                                                             March 31,         December 31,
                                                               2005                2004
                                                          ----------------    ----------------
                                                            (unaudited)
<S>                                                       <C>                 <C>
Current Assets
  Cash                                                          $ 753,044          $1,882,297
  Restricted Cash                                                 905,571             904,128
  Accounts Receivable, net                                        165,400             133,236
  Other Receivables, net                                           26,647              26,597
  Advances to Related Party                                             -              23,785
  Note Receivable - Related Party                                 131,034              50,236
  Inventory                                                         6,300               6,300
  Prepaid expenses                                                219,121             219,121
                                                          ----------------    ----------------

    Total Current Assets                                        2,207,117           3,245,700
                                                          ----------------    ----------------

Software Development and Equipment, Net                           375,032             336,114
                                                          ----------------    ----------------

Other Assets
Deferred Income Taxes                                             140,988             154,565
   Deferred Financing Costs                                       148,114             153,600
Deposits                                                          241,721             241,721
Investments                                                       151,200             151,200
Note Receivable - Related Party                                   990,791           1,027,804
Goodwill                                                        4,632,283           2,840,684
                                                          ----------------    ----------------

    Total Other Assets                                          6,305,097           4,569,574
                                                          ----------------    ----------------

    Total Assets                                               $8,887,246          $8,151,388
                                                          ================    ================
</TABLE>


              The accompanying notes are an integral part of these
                       consolidated financial statements.

                                       3
<PAGE>


                        IDIGlobal, Inc. and Subsidiaries
                           Consolidated Balance Sheets



                      LIABILITIES AND STOCKHOLDERS' EQUITY



<TABLE>
<CAPTION>
                                                                                     March 31,         December 31,
                                                                                       2005                2004
                                                                                  ----------------    ----------------
                                                                                   (unaudited)
<S>                                                                               <C>                 <C>
Current Liabilities
  Accounts Payable                                                                      $ 480,633           $ 126,194
  Accrued Expenses                                                                        715,476             797,853
  Income Taxes Payable                                                                        100                 100
  Reserve for Refunds and Chargebacks                                                     232,290             234,388
  Line of credit                                                                                -              23,079
  Notes Payable - Related Party                                                           504,527             320,978
  Notes Payable                                                                         1,750,000           1,750,000
                                                                                  ----------------    ----------------

    Total Current Liabilities                                                           3,683,026           3,252,592

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

    Total Liabilities                                                                   3,703,346           3,272,912
                                                                                  ----------------    ----------------

Stockholders' Equity
  Common Stock, Authorized 50,000,000 Shares, $.001 Par Value,
    Issued 23,616,608 and 18,960,174, respectively and Outstanding 18,960,174              18,960              18,960
  Additional Paid in Capital                                                            6,920,089           6,920,089
  Retained Earnings (Deficit)                                                          (1,755,149)         (2,060,573)
                                                                                  ----------------    ----------------

Total Stockholders' Equity                                                              5,183,900           4,878,476
                                                                                  ----------------    ----------------

    Total Liabilities and Stockholders' Equity                                         $8,887,246          $8,151,388
                                                                                  ================    ================
</TABLE>


              The accompanying notes are an integral part of these
                       consolidated financial statements.
                                       4
<PAGE>


                        IDIGlobal, Inc. and Subsidiaries
                 Unaudited Consolidated Statements of Operations

<TABLE>
<CAPTION>
                                                      For the Three Months Ended
                                                               March 31,
                                               ------------------------------------------
                                                      2005                  2004
                                               -------------------   --------------------

<S>                                            <C>                   <C>
Revenues, Net
  Product Sales                                       $ 6,128,485            $ 6,224,355
  Training Revenues                                       827,798              1,897,118
                                               -------------------   --------------------

    Total Revenues                                      6,956,283              8,121,473
                                               -------------------   --------------------

Cost of Sales
  Product Costs                                         4,796,956              4,313,435
  Training Costs                                          417,377              1,104,699
                                               -------------------   --------------------
    Total cost of sales                                 5,214,333              5,418,134
                                               -------------------   --------------------

Gross Profit (Loss)                                     1,741,950              2,703,339
                                               -------------------   --------------------

Operating Expenses
  General & Administrative                              1,311,445              2,228,355
                                               -------------------   --------------------

    Total Operating Expenses                            1,311,445              2,228,355
                                               -------------------   --------------------

Net Operating Income (Loss)                               430,505                474,984
                                               -------------------   --------------------

Other Income(Expense)
  Interest Income                                           1,785                    869
  Interest Expense                                       (138,396)               (41,898)
  Other Income (Expense)                                   25,107                 66,184
                                               -------------------   --------------------

    Total Other Income(Expense)                          (111,504)                25,155
                                               -------------------   --------------------

Income (Loss) Before Income Taxes                         319,001                500,139

Income Tax Expense
  Income Tax Expense                                            -                      -
  Deferred Income Tax (Benefit) Expense                    13,577                 57,842
                                               -------------------   --------------------

    Total Income Tax Expense                               13,577                 57,842
                                               -------------------   --------------------

Net Income (Loss)                                       $ 305,424              $ 442,297
                                               ===================   ====================

Net Income (Loss) Per Share                                $ 0.02                 $ 0.03
                                               ===================   ====================

Weighted Average Shares Outstanding                    18,960,174             15,929,979
                                               ===================   ====================
</TABLE>





              The accompanying notes are an integral part of these
                       consolidated financial statements.
                                       5
<PAGE>

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

<TABLE>
<CAPTION>
                                                                             For the Three Months Ended
                                                                                    March 31,
                                                                            2005                   2004
                                                                        -----------------    ----------------
<S>                                                                     <C>                  <C>
Cash Flows from Operating Activities:
  Net Income (Loss)                                                            $ 305,424           $ 442,297
  Adjustments to Reconcile Net Loss to Net Cash
    Provided by Operations:
     Depreciation & Amortization                                                  37,573              31,305
     Bad Debts                                                                         -             180,069
     Deferred Income Taxes                                                        13,577              57,842
  Change in Operating Assets and Liabilities:
     (Increase) Decrease in:
     Accounts Receivable                                                         (32,164)           (462,148)
     Other Receivables                                                               (50)                  -
     Prepaid expenses                                                                  -              37,734
     Increase (Decrease) in:
     Accounts Payable                                                            354,439             (83,219)
     Accrued Expenses                                                            (82,377)            556,467
     Reserved for Refunds and Chargebacks                                         (2,098)            (17,219)
                                                                        -----------------    ----------------

  Net Cash Provided(Used) by Operating Activities                                594,324             743,128

Cash Flows from Investing Activities:
  Purchase of Software and Equipment                                             (71,005)            (41,175)
  Advances to related party                                                      (20,000)           (164,499)
  Cash Paid for Acquisition of Subsidiary                                     (1,791,599)            (50,000)
  Cash Overdraft Acquired from Acquisition of Subsidiary                               -              (4,185)
                                                                        -----------------    ----------------

  Net Cash Provided (Used) by Investing Activities                            (1,882,604)           (259,859)

Cash Flows from Financing Activities:
  Proceeds from Issuance of Notes Payable                                        195,527             150,000
  Proceeds from Stock Issuance                                                         -              13,725
  Proceeds from Line of Credit                                                         -                   -
  Principal Payments on Line of Credit                                           (23,079)                  -
  Principal Payments on Notes Payable                                            (11,978)                  -
                                                                        -----------------    ----------------

  Net Cash Provided (Used) by Financing Activities                               160,470             163,725
                                                                        -----------------    ----------------

Increase (Decrease) in Cash                                                   (1,127,810)            646,994

Cash and Cash Equivalents at Beginning of Period                               2,786,425           1,649,187
                                                                        -----------------    ----------------

Cash and Cash Equivalents at End of Period                                   $ 1,658,615          $2,296,181
                                                                        =================    ================
</TABLE>


        The accompanying notes are an integral part of these consolidated
                             financial statements.

                                       6
<PAGE>

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

                              For the Three Months Ended
                                    March 31,
                     -----------------------------------------
                           2005                   2004
                     -----------------      ------------------

Cash Paid For:
  Interest                        $ -                     $ -
                     =================      ==================
                     =================      ==================
  Income Taxes                    $ -                     $ -
                     =================      ==================



                                       7

<PAGE>


                        IDI Global, Inc. and Subsidiaries
                 Notes to the Consolidated Financial Statements
                                 March 31, 2005


GENERAL

         IDI Global, Inc. and Subsidiaries, the Company, has elected to omit
         substantially all footnotes to the consolidated financial statements
         for the three months ended March 31, 2005 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, 2004.

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.

ASSET PURCHASE

         On January 14, 2005, the Company entered into an Asset Purchase
         Agreement with Mentoring of America, LLC, a Utah limited liability
         company and HG Marketing, Inc.(HG), a Nevada corporation pursuant to
         which HG agreed to sell to the Company certain assets a rights used in
         the operation of a call center business located in St. George, UT. The
         purchase price was the assumption of certain liabilities of the sales
         and marketing operation, $1,800,000 in cash, warrants to purchase up to
         2,500,000 shares of the Company's common stock which become exercisable
         between 2008 and 2012 at exercise prices escalating annually from $0.80
         to $1.80 and the issuance of 4,356,436 shares of the Company common
         stock to escrow which will be released based upon the performance of
         the sales and marketing operation over the first two years of
         operations.

RELATED PARTY TRANSACTION

         On January 14, 2005, an officer loaned the Company $195,528. The note
         bears interest at 12%, is payable on demand and is convertible into the
         Company's common stock at $0.30 per share.






                                       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 four  wholly-owned  subsidiaries,  Internet
Development,  Inc.  ("Internet  Development")  Chief  Financial,  Inc.  ( "Chief
Financial"),  Sports Media  International,  Inc.  ("Sports Media") and IDI Small
Business, Inc. (IDISB).

Internet Development is an Internet application service provider offering web
solutions and related business packages to companies and individuals in North
America as well as globally. Internet Development designs, develops and markets
software applications for large organizations and small businesses to exploit
the full capabilities of the Internet, including communications, marketing,
information management, and e-commerce. Its flagship products include ARRAY(R)
and Quicksite Builder. The ARRAY(R) technology enables large and small
organizations to deploy, integrate and interact with a network of e-commerce
enabled affiliate web sites, while maintaining a consistent, unified brand image
for the organization as a whole. In short, ARRAY(R) allows a company to provide
a very high level of functionality and online business features to its
representatives, while maintaining communication with the organization and
control of the corporate image. ARRAY(R) features include corporate
administrative control, custom options for the individual user, E-commerce and
shopping cart capability, marketing email campaign manager, contact center
(email, calendar, to-do list, and address book), online presentation manager,
point and click website editor, message boards, and many other tools. The
Quicksite Builder allows a small business or individual user to quickly, and
without programming knowledge, build a functional, e-commerce enabled website.
Its features include auto-responders, advanced shopping cart utility, banners
and email showcases, search engine marketing tools, domain name setup, detailed
site traffic statistics, secure online ordering and transaction processing, and
backend order tracking.

Chief Financial is a marketing and sales operation which markets products and
services to the small office/home office (SOHO) market. Chief Financial offers
its SOHO customers their own business opportunity which includes education,
training, and Internet Development's software to customers setting up their
businesses online. Chief Financial provides these products and services through
Salt Lake based Chief Marketing Sevices (DBA), its internal sales center in
Orem, Utah and its wholly-owned subsidiary, Professional Consulting Services
("Professional Consulting") located in St. George, Utah. Since our acquisition
of these subsidiaries in 2004, we have experienced increases in our consolidated
revenues from these subsidiaries' direct sales and marketing operations.
However, direct sales operations are highly regulated and increase the potential
risk of regulatory actions against these subsidiaries.

IDI Small Business (IDISB) was incorporated in January 2005 as IDI Global's
wholly owned subsidiary. It was established to house and manage specific
divisions of our direct marketing operations located in St. George, Utah. IDISB
acquired the assets of HG Marketing and then combined the assets with
Professional Consulting Services (PCS), in Saint George, Utah., The express
purpose for this combination is to reduce cost of sales and dramatically
increase profitability. HG marketing owned the rights to one of the best "lead
sources" in the small office / home office sector. These highly qualified leads


                                       9
<PAGE>

significantly increase sales, and reduce the Company's cost of acquiring leads
from other sources.

Sports Media, Inc. (SMI) operates as a sports advertising, media and marketing
company. It is primarily engaged in the business of selling sports related
promotional programs, advertising and marketing initiatives to large
corporations clients. One of SMI's primary vehicles for offering sports related
packages is a preferred partnership agreement with ESPN Radio Sports Marketing
and ABC Radio Sales. The purpose of the preferred partnership agreement is to
combine the efforts of these three companies in order to leverage sports
marketing brands, media and promotional value for client campaigns. SMI was
acquired to provide entry of IDI's Internet Service Products through reward
based affinity marketing to targeted athletic teams and an affinity driven fan
base.

During 2003 and 2004, we have expanded our business through strategic
partnerships, acquisitions and internal build-out of sales and marketing
centers. In addition, Internet Development implemented a new development and
financial model for ARRAY(R), referred to as the ARRAY(R) Express program. This
model allows for small and mid-size companies to more easily take advantage of
the tremendous value of the ARRAY(R) technology by making it more affordable,
while still securing significant residual revenues for IDI but requiring less
demanding and time-consuming development for each new client. Because Management
anticipates that this model will alleviate the cost barriers for some potential
clients, while also streamlining the resource requirement for IDI, the program
creates a win-win scenario and will make the ARRAY(R) product a more appealing
solution to all direct sales companies, small as well as large. Through March
2005, more than a half dozen clients had signed agreements to use the Array
technology since the Express model was introduced.

Additionally, in October 2003, we diversified our revenue sources with the
acquisition of Integrated Communication Systems, which became Sports Media Inc.

In early 2004, the acquisition of Chief Financial, a sales and marketing
operation, helped to expand the distribution of IDI Global's products and
offerings to the Small Office/Home Office market. We reinvested our positive
cash flow in the first half of 2004, in a new center in Salt Lake City, Utah and
into growing an additional sales operation in Orem, Utah, both of which
increased our revenues and targeted marketing activities.

At the end of 2004, we converted $1.3 million in debt into shares of our common
stock. The conversion provided us with a twelve-month option, at our discretion,
to repurchase the shares at .53 cents a share. In Dec. 2004, we obtained
additional financing to fund an asset purchase of HG Marketing, which will
further expand our sales and marketing operations in St. George, Utah.

For the quarter ended March 31, 2005, we recorded total revenue on a
consolidated basis of $6,956,283, compared to total revenue of $8,121,473 for
2004. We recorded net income of $305,424 for 2005 compared to net income of
$442,297 for 2004. The decreased revenue and net income for first quarter of
2005 were primarily the result of small losses in the Array channel and a
reduction in outsourced revenue as a result of bringing our sales and marketing
efforts "in-house". The Company also paid higher lead cost for the first quarter
in an effort to prove our marketing and sales ability to a new strategic partner
and earn their long term business at a much reduced rate..

During 2004, Internet Development also introduced innovative programs that
provided multiple revenue streams from our marketing efforts in our expanded
sales and marketing centers. Introduction of a new business partnerships and
more profitable product offerings to our SOHO customers are creating long term
benefit to increase sales revenue through residual monthly payments, which will
enable consistent growth of our recurring revenue stream. These innovations and
partnerships have allowed the Salt Lake City, Saint George and Orem, Utah
facilities to grow more rapidly and become self-sustaining and profitable. In
fourth quarter 2004, we made significant investments in Chief Financial and
Professional Consulting to help streamline their operations and further increase
long term profitability.

During 2004 IDI Global expended a large amount of cash to create new "lead
source" relationships, in an effort to reduce product costs It was necessary for
the Company to negotiate a short term increase in lead costs in order to prove


                                       10
<PAGE>

our capabilities and secure long term agreements with very favorable returns for
the Company. Third and fourth quarters were negatively impacted by the short
term increase in cost. First quarter 2005 has already seen the value of securing
these partner agreements and net profits are growing as a result of these
transactions.

During 2004, the general economy was sluggish, with unemployment relatively
high. This economic situation has positively impacted our business since,
generally, when the economy suffers and unemployment is relatively high,
individuals turn to small office and home office opportunities to replace or
augment income. However, the sluggish economy also reduced available marketing
dollars and adversely affected Sports Media. Additional challenges include
increased competition within the direct sales industry for new clients as well
as retaining our current clients. The competition comes both from other external
vendors like IDI, 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(R)
product within the direct sales arena. Also, the demands on our resources to
continue to fulfill orders and service current and new clients may be
significant if sales increase.

Management may investigate additional acquisitions in order to acquire new
technology. We cannot predict the manner in which we may complete future
acquisitions, but Management will determine the method used based upon our
thorough review of the opportunity and situation, related to our relative
negotiating strength. Possible methods may include, but are not limited to,
leases, purchase and sales agreements, licenses, joint ventures, asset purchase,
and other contractual arrangements. We may act directly or indirectly through an
interest in a partnership, corporation or other form of organization. We may
also choose to acquire a business opportunity through the issuance of common
stock or other securities, if it makes economic sense..

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. Our monthly cash outflow is mostly
related to cost of sales (product cost) and general and administrative expenses.
Net cash provided by operations for the 2005 three month period was $594,324
compared to net cash by operating activities of $743,128 for the 2004 three
month period. The decrease in net cash provided by operations was mainly caused
by a short term increase in lead cost, legal fees, cost for financing, and
increases in accounts payable.

Net cash used by investing activities was $1,882,604 for the 2005 three month
period compared to $259,859 for the 2004 three month period. The 2005 three
month period investing activities included an Asset Purchase Agreement with
Mentoring of America, a Utah limited liability company, and HG Marketing, Inc.,
a Nevada corporation. Pursuant to the agreement, IDI Small Business acquired the
sales and marketing assets of HG Marketing. IDI Small Business assumed certain
liabilities of the sales and marketing operation, and paid $1,800,000 in cash.
An operating agreement with Mentoring of America provides for monthly net income
of 150,000 for the next 24 months. Just over 4.3M shares have been escrowed as
compensation under the agreement. Shares are released based on successful
delivery of the required monthly operating cash, per the terms of our operating
agreement.

Financing

Our sources of financing include loans and sales of common stock. Net cash
provided by financing activities was $160,470 for the 2005 three month period
compared to net cash provided by financing activities of $163,725 for the 2004
three month period. Proceeds from notes payable and stock issuances were the
sources of the financing activities for the 2005 and the 2004 three month
periods. We used the proceeds from our financing activities to complete the
asset purchase of HG marketing.



                                       11
<PAGE>

On December 24, 2004, we entered into a Term Credit Agreement (the Credit
Agreement) with Hong Kong League Central Credit Union and SBI Advisors, LLC (SBI
Advisors). Under this Credit Agreement, we received a loan in the principal
amount of $1,750,000 and will pay interest of 2.0% per month. The loan is
payable in full by June 24, 2005, or if we elect to extend the term of
repayment, by December 23, 2005.

In connection with the Credit Agreement, we entered into a Securities Purchase
Agreement (the Purchase Agreement) with SBI Brightline X LLC (SBI Brightline).
Under the Purchase Agreement, we may sell up to 3,428,570 shares of IDI Global
common stock at $0.70 per share to SBI Brightline. We may put eighteen separate
200,000-share tranches to SBI Brightline, which it must purchase at $140,000
each. The potential proceeds to us from this Purchase Agreement could be as much
as $2.4 million, less applicable fees.

However, we agreed to use 100% of the proceeds from the first and second tranche
to repay the Credit Agreement. After the second tranche, we agreed to use
one-half of the proceeds of each tranche to repay the outstanding balance under
the Credit Agreement.

As part of these transactions, we granted SBI Advisors, the agent for Hong Kong
League Central Credit Union, a warrant to purchase 525,000 shares of common
stock at an exercise price of $0.70 per share with a term that expires four
years from the initial effective date of the applicable registration statement.
We also granted a warrant at the time of signing the Purchase Agreement to SBI
Brightline to purchase an aggregate of 571,429 shares of common stock at an
exercise price of $0.70 per share with a term that expires four years from the
initial effective date of the registration statement. We granted a second
warrant to SBI Brightline which can be exercised after the delivery of the ninth
tranche of funding (the Additional Warrant) to purchase 571,429 shares of common
stock. This Additional Warrant will have a four-year term and exercise price of
$0.70 per share. The potential proceeds from the exercise of the warrants are
approximately $1,167,500; however, the Selling Stockholders have discretion when
or whether to exercise the warrants. We also agreed to use one-half of the
proceeds from the exercise of warrants granted under the agreement to repay the
Credit Agreement.

We used the proceeds from this Credit Agreement to acquire the call center
assets of Mentoring of America, LLC. On January 14, 2005, IDI Global and IDI
Small Business entered into an Asset Purchase Agreement with Mentoring of
America, a Utah limited liability company, and HG Marketing, Inc., a Nevada
corporation. Pursuant to the agreement, IDI Small Business acquired the sales
and marketing assets of HG Marketing. IDI Small Business assumed certain
liabilities of the sales and marketing operation, paid $1,800,000 cash, granted
warrants to purchase up to 2,500,000 shares of IDI Global common stock, and
agreed to issue and place 4,356,436 shares of IDI Global common stock into an
escrow. The warrants become exercisable between 2008 and 2012 at exercise prices
that escalate annually from $0.80 to $1.80. The 4,356,436 shares of IDI Global
common stock held in escrow will be released to Mentoring of America based upon
performance of the sales and marketing operation over the first two years of
operations. HG Marketing must generate $150,000 operating profit per month for
the first two years.

On January 11, 2005, in connection with the purchase of HG Marketing, an officer
of the Company loaned the Company $195,528. The note payable bears interest at
12% and is convertible into common stock.

Commitments and Contingent Liabilities

Our principle commitments consist of operating leases for office space in Orem
and Salt Lake City, Utah, and repayment of the Credit Agreement and our total
current liabilities. The total monthly lease payments for the two offices are
approximately $23,788.

As of March 31, 2005, we owed $1,750,000, plus 2% interest, or an aggregate of
$1,785,000, under the Credit Agreement.

At March 31, 2005, we had total current liabilities of $3,683,026, and had notes
payable totaling $2,254,527, which included notes payable of $1,750,000 to SBI
Brightline, a third party, and $504,527 in notes payable to Kevin R. Griffith,
our CEO. In December 2004 we converted approximately $1.3 million of notes
payable to First Equity Holdings into 2,588,364 shares of common stock.



                                       12
<PAGE>

At March 31, 2005, our total current liabilities also included accrued expenses
of $715,476, primarily related to deferred compensation, accrued interest, and
payroll liabilities. Accounts payable of $480,633 and reserves for refunds and
charge-backs of $232,290 added to our total current liabilities.

Off-balance Sheet Arrangements - None.



<PAGE>


16

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
month periods ended March 31, 2004 and 2005 and should be read in conjunction
with the financial statements, and notes thereto, included with this report at
Item I, Part I, above.

        Summary Comparison of 2004 and 2005 Three and Three month Periods

                                    Three months     Three months
                                        ended           ended
                                    March 31, 2004   March 31, 2005

Total revenue                       $ 8,121,473      $ 6,956,283

Total cost of sales                   5,418,134        5,214,333

Gross profit                          2,703,339        1,741,950

Total operating expenses              2,228,355        1,311,445

Net operating income (loss)             474,984          430,505

Total other income (expense)             25,155         (111,504)

Total income tax  expense                57,842           13,577

Net income                              442,297          305,424

Net earnings (loss) per share       $      0.03      $      0.02

Total revenues decreased primarily as a result of a temporary increase in lead
costs to secure a new business relationship, decreased sales from the Array
channel and a decrease in sales volume for sales and marketing activities that
were historically outsourced with several strategic partners. Total revenues
decreased from approximately $8.1million for the three month period ended March
31, 2004 (the "2004 first quarter") to approximately $7.0 million for the for
the three month period ended March 31, 2005 (the "2005 first quarter").

Cost of sales has decreased along with total revenues for the 2005 periods.
Costs 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 74.9% of total sales for the 2005 first
quarter compared to 66.7% of total sales for the 2004 first quarter.

As a result of decreases in revenues our gross profit decreased from
approximately $2.7 million for the 2004 first quarter to approximately $1.7
million for the 2005 first quarter.

Total operating expenses include salaries and benefits, rental of office space,


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<PAGE>

professional fees and other general office expenses. Operating expenses for the
first quarter 2005 were 41% less than the total operating expenses for first
quarter of 2004 This significant decrease is the result of the management
contract with HG Marketing which stipulates that HG Marketing is responsible for
all expenses related to Professional Consulting Services (PCS) as of Jan 14,
2005.

Other income was primarily related to sales of miscellaneous products and
interest income from interest paid by our bank for deposits held in sweep
accounts. Other expense for the comparable periods was primarily related to
accrued interest for loans from shareholders and the loan with SBI Advisors, the
agent for Hong Kong League Central Credit Union. We recorded total other income
in the 2005 periods primarily as a result of decreased miscellaneous sales.
However, we recorded total other expense in the 2004 periods primarily as a
result of accrued interest for loans.

As a result of the above, we recorded net income for both the 2005 and 2004
first quarter. We recorded a net Income for the 2005 first quarter primarily as
a result of decreases in general and administrative expenses. Net income per
share was $0.02 for the 2005 first quarter compared to $0.03 for the 2004 first
quarter.

                            Summary of Balance Sheet

<TABLE>
<CAPTION>
                                               December 31, 2004              March 31, 2005
                                               ------------------          --------------------
                                                                                (Unaudited)

<S>                                         <C>                             <C>
Cash                                        $    1,882,297                  $     753,044

Total current assets                             3,245,700                      2,207,117

Total assets                                     8,151,388                      8,887,246

Total current liabilities                        3,252,592                      3,683,026

Total liabilities                                3,272,912                      3,703,346

Retained earnings (deficit)                     (2,060,573)                    (1,755,149)

Total stockholders equity                   $    4,878,476                   $  5,183,900
</TABLE>

The decrease of total current assets at March 31, 2005 compared to the year
ended December 31, 2004 was primarily the result of decreases in cash, caused by
the outlay for the asset purchase with Mentoring of America and HG Marketing.
Another substantial change was the increase in Notes Receivable. This was caused
by a portion of the loan with New Connexions coming due this year. In addition,
our total assets increased at March 31, 2005 primarily due to an increase of
goodwill and advances to a related party. Goodwill increased $1,791,599 as a
result of our asset purchase with Mentoring of America, a Utah limited liability
company, and HG Marketing, Inc., a Nevada corporation in January 2005.

Total current liabilities and total liabilities increased at March 31, 2005
compared to the year ended December 31, 2004 primarily due to increases in
accounts Payable and notes Payable. However, our retained deficit decreased
significantly at March 31, 2005 compared to the year ended December 31, 2004.

Factors Affecting Future Performance

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

Our success will depend upon our ability to access equity capital markets as
needed and borrow on terms that are financially advantageous to us. However, we


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<PAGE>

may not be able to obtain additional funds if necessary 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 development market. We expect competition to persist, increase, and
intensify in the future as the markets for our products and services continue to
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, high-quality products and services to
our customers. We have developed our products to meet the needs of both small
and large businesses in a targeted way, and we believe the generality of our
competitors' services may inadequately address 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 scenario, 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 the acquisition of our subsidiaries in January 2004, we
have begun trending toward 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 and 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, as well as 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.



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<PAGE>

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 ability to pass along all
         increased merchant fees to our customers in the future, we would have
         to absorb all or a portion of these increases, thereby increasing our
         operating costs and reducing our profit margin.

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 could 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 - even if 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 will 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 that 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 to end users increases substantially. 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 could 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 include, but are not limited to,
the following:

        o         fire,
        o         earthquake,
        o         power loss,
        o         terrorist attacks,
        o         telecommunications failure,
        o         un-authorized entry or other events.

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<PAGE>

Although we regularly back up data from operations, and take other measures to
protect against loss of data, there is still always some inherent 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 coverage, 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 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
decreased demand for our services, as well as 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 that govern how Chief Financial performs its
marketing 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 that took effect
March 1, 2005 add complexity and cost to the merchant account process. Further
regulation in this area may cause processing delays or other challenges 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

IDIGlobal's Chief Executive Officer, evaluated our disclosure controls and
procedures and concluded that our controls and procedures were effective as of
the end of the period covered by this report. However, we filed an amended
10-QSB on August 27, 2004 related to an error with the electronic files for our
financial statements. As a result of this error, Management has instituted an
additional step in our review procedure before our periodic reports are filed.

Management determined that there were no changes made or corrective actions to
be taken related to our internal control over financial reporting.



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<PAGE>


                           PART II: OTHER INFORMATION

ITEM 1.    LEGAL PROCEEDINGS

In March 2005, two former employees, Ryan Romero and Jeremy Hall, filed suit
against IDI Global in the 4th Judicial District Court, Provo Department, State
of Utah (Civil No. 050400572). The suit alleges that Romero and Hall are
entitled to options that were allegedly promised to them in connection with the
termination of their employment. Our answer is due on or before April 6, 2005.
We deny these allegations, and intend to defend vigorously against this suit.

On June 24, 2004, Independent Marketing, Inc. filed a lawsuit in the Third
District Court for Salt Lake County, State of Utah, against Internet
Development, Inc. The allegations in the suit relate to the alleged hiring of
three employees who were bound by a non-competition agreement with Independent
Marketing, Inc. However, we believe the three employees were not hired by
Internet Development, Inc., and intend to vigorously defend this suit.

On April 1, 2004 Ascendiant Capital Group, LLC, filed a complaint against IDI
Global in the Superior Court of the State of California for the County of Orange
- Central Justice Center. The complaint alleges that IDI Global breached a
consulting agreement with Ascendiant Capital Group, and that Ascendiant Capital
Group is entitled to damages in excess of $25,000. We intend to defend against
the claims, and on May 11, 2004, we filed a cross-complaint alleging breach of
contract by Ascendiant Capital Group. This case has been stayed pending the
outcome of the Mercator litigation discussed below.

On March 12, 2004 Mercator Momentum Fund, L.P. and Mercator Momemtum Fund III,
both California limited partnerships, and Mercator Advisory Group, L.L.C., a
California limited liability company, filed a complaint against IDI Global, Inc.
in the Superior Court of the State of California for the County of Los Angeles.
The complaint alleges that IDI Global breached a Securities Purchase Agreement
by refusing to accept $3,500,000 in consideration for promissory notes in the
amount $3,500,000 with 3.5% interest, warrants to purchase 1,312,500 shares of
IDI Global common stock at an exercise price of $1.20, a $175,000 due diligence
fee, and failure to register the shares of common stock. We intend to defend
against the claims, but due to the fact that we were recently served with the
complaint, we have not identified all defenses we may have to these claims.


ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Sale of Unregistered Securities

The following discussion describes all securities sold by IDI Global without
registration during the third quarter of 2004 through a recent date which have
not been previously reported.

On September 28, 2004, we issued 150,000 shares as part of the settlement of a
law suit brought by Gary Winterton. We relied on an exemption from the
registration requirements provided by Section 3(10) of the Securities Act.

In December 2004, an entity that had loaned money to the Company pursuant to
convertible promissory notes in the aggregate amount of approximately
$1,294,182, converted those notes into shares of our common stock at a
conversion rate of $0.50 per share. The Company issued 2,588,364 shares of our
common stock. We relied on an exemption from the registration requirements
provided by Section 4(2) of the Securities Act and regulations promulgated
thereunder.





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<PAGE>


ITEM 6. EXHIBITS

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)


                                   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.




Date: May 16, 2005                        By: /s/ Kevin R. Griffith
                                         Kevin R. Griffith
                                         President, Chief
                                         Executive Officer,
                                         Principal Financial Officer and
                                         Chief Accounting Officer