Securities and Exchange Commission
                             Washington, D.C. 20549

                                   Form 10-QSB/A



(Mark One)

(X)      Quarterly  report  pursuant  to Section  13 or 15(d) of the  Securities
         Exchange Act of 1934 for the quarterly period ended June 30, 1999

                                       OR

( )      Transition  Report  pursuant  to Section 13 or 15(d) of the  Securities
         Exchange Act of 1934 for the transition  period from         to
                                                               -------  -------


Commission File Number 0-24372
------------------------------


                            Sundog Technologies, Inc.

                 (Name of small business issuer in its charter)



                            The Thorsden Group, Ltd.

                     (Former name of small business issuer)



          Delaware                                        33-0611746
(State or other jurisdiction of                (IRS Employer Identification No.)
incorporation or organization)

                       4505 South Wasatch Blvd., Suite 340
                           Salt Lake City, Utah 84124

              (Address of principal executive offices and Zip Code)

                                 (801) 424-0044

              (Registrant's telephone number, including Area Code)



Check  whether the  registrant:  (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 June 10, 1999, there were issued and outstanding  22,560,234 shares of the
Company's Common Stock, par value $.001 per share.



Transitional Small Business Disclosure Format (check one): Yes    No X
                                                              ---   ---

<PAGE>

                   Notes to Consolidated Financial Statements


Preliminary Note

The Company has  prepared  the  accompanying  condensed  consolidated  financial
statements,  without  audit,  according  to the  applicable  regulations  of the
Securities and Exchange Commission. Certain information and disclosures normally
included in those financial  statements prepared according to generally accepted
accounting  principles have been condensed or omitted. The Company believes that
the  following   disclosures   are  adequate  to  present   clear,   unequivocal
information.  These  condensed  consolidated  financial  statements  reflect all
adjustments  (consisting  only of normal  recurring  adjustments)  that,  in the
Company's  opinion,  are necessary to present fairly the financial  position and
results of operations of the Company for the periods presented.  We suggest that
these condensed  consolidated  financial statements are read in conjunction with
the  consolidated  financial  statements  and the notes thereto  included in the
Company's Annual Report on Form 10-KSB for the fiscal year ended March 31, 1999.

Note 1   Concentration

The Company is still in the development stage, and its revenues to date are from
two customers.

Note 2   Intangible Assets

The Company has applied for patent and trademark  protection for its proprietary
software and brand names and has expended  $53,997 for patent rights and $16,345
for trademark rights. These expenses are primarily for professional  services in
connections  with the  applications.  The application for  registration of these
patents and  trademarks  are still in the process of being  granted,  but recent
communications  with the  Patent  and  TradeMark  Office  suggests  a  favorable
outcome,  although no assurance can be given as to any such outcome. The Company
will begin to amortize these assets upon completion of patent registration or at
the point when the products begin to generate revenue.

Note 3   Subsidiary Company


The Board of Directors  created a subsidiary,  Qui Vive,  Inc., on June 5, 1998,
for  the  development  of a  new  product.  (This  Company  is  engaged  in  the
development  of  sundog's   e-mail  security   software   product  and  Internet
application  more fully described  below. QV is wholly owned by Sundog,  however
the  Company has  granted  options to key  personnel  of QV as an  incentive  to
further the development  work on the QV products.  If all options  allocated are
granted and  subsequently  exercised  in full,  the  options  granted  to the QV
development team will result in the team's ownership of approximately 45% of the
issued and  outstanding  common  stock of QV and reduce the  ownership of Sundog
proportionately.)


Note 4   Cash and Cash Equivalents

For purposes of the  statements  of cash flows,  the Company  considers  cash on
deposit in the bank and other unrestricted  investments with original maturities
of three months or less at the time of purchase to be cash equivalents.

<PAGE>

Item 2   MANAGEMENT'S DISCUSSION and Analysis or Plan of Operation


The following  discussion  should be read in conjunction  with the  consolidated
financial statements and the notes thereto appearing elsewhere in this Quarterly
Report on Form 10-QSB.

Overview

Sundog Technologies,  Inc. ("Sundog" or the "Company") is a Delaware corporation
organized   in  1992  for  the  purpose  of  seeking  and   acquiring   business
opportunities.  The Company was formerly known as The Thorsden  Group,  Ltd. and
changed its name to Sundog  Technologies,  Inc. in April 1999.  In October 1997,
the Company acquired  Arkona,  Inc., a Utah  corporation  ("Arkona"),  through a
wholly owned subsidiary  corporation in a reverse triangular  merger,  accounted
for as a purchase.  Arkona's  predecessor,  Arkona LLC, a Utah limited liability
company, was founded in September 1996 and had limited business operations prior
to the acquisition. On June 5, 1998 the Company formed a new subsidiary company,
Qui Vive Inc., in Delaware ("Qui Vive").

The core business of the Company is developing,  marketing, and selling software
products for use in portable and distributed network computing and secure e-mail
applications.  Business is conducted  through its  subsidiaries,  Arkona and Qui
Vive.

Arkona

During the quarter ended June 30, 1999,  Arkona  continued rapid  enhancement of
its core product  Universal  Update.  Universal  Update version 1.5 was released
during Sun Microsystems JavaOne(TM) tradeshow and was delivered to prospects for
evaluation.  This release marks a substantial improvement over version1.0 adding
a simplified  interface  for  administrators,  new  application  "adapters"  for
accessing  a variety of  corporate  data  sources,  and  documented  programming
interfaces  making it easier for  technology  companies to license and embed the
Universal Update technology.


Also in June 1999,  Arkona's recently formed  professional  service group made a
series of new training  courses  available  to  customers.  This group  provides
Arkona's  customers  with both  training  and  consulting  in  business  process
improvement (BPI), a service used to drive demand for Arkona's software products
and a prerequisite to ensure complete client satisfaction. Additionally, courses
were added covering Knowledge Management best practices,  a service closely tied
to BPI. This quarter the professional  service group signed additional contracts
with the U.S. Department of Defense, DFAS division, the DC Metro Authority,  and
acted as subcontractor for training courses at Intermountain Health Care.


Arkona's Solutions

Arkona  provides  both  product  and  service  solutions  to  its  customers  to
facilitate  enterprise  information sharing.  Arkona's core software technology,
Universal Update,  provides a flexible information brokering technology designed
to facilitate  information sharing between disparate business systems.  Arkona's
professional  service  group  provides  complementary  training and  consulting,
facilitating both the IT strategy to implement  Universal Update and information
and  process  redesign to  facilitate  information  sharing at the human  level.
<PAGE>


time  with  or  without  consent  and  frequently  without  knowledge.  Once  an
electronic  e-mail  message has been sent, an author loses all control of his or
her words.  According to industry  analyst Esther Dyson, the challenge is not to
keep everything secret, but to limit misuse of such information.


Qui Vive is developing a solution to these problems,  the purpose of which is to
facilitate  communication  and give  content  control  back to the  author.  The
project is  presently  in the design and  architecture  phase of  developing  an
enhanced e-mail product.  When the first version of the product is launched,  we
expect it to give e-mail users the chance to direct:

         o  how their words will be released,
         o  who can see them,
         o  how they can be redistributed, and
         o  if they can be printed, copied, or saved.

We cannot assure that the  safeguards  of enhanced  e-mail will not be abused or
circumvented by someone with the requisite degree of computer sophistication and
a malicious motive. However, subsequent versions of the product will continue to
raise the bar against  potential  abuse and  compromise  of security  that is so
easily breached, often accidentally, with current systems.

The  Company  believes  that  the  level  of  security  embedded  in  the  first
implementation  will be sufficient to address the needs of approximately  80% of
the market. Enhancements to increase security and further simplify the product`s
usability will be added over time.

Key Features

The first  version of the  product is  expected  to include  the  following  key
features:

       Content  Restrictions.  Authors can decide whether their e-mail  messages
       can be printed, copied, or saved by the recipient

       Forwarding Restrictions.  Authors can prohibit recipients from forwarding
       their e-mail in whole or in part.

       Lifespan Limits.  Authors can configure messages to self-destruct after a
       predefined period or be accessed only at certain times.

       Dynamic Self-Destruction.  Authors can set messages to destroy themselves
       as they are read.

       Persistence  Limits.  Authors  can define the number of times any message
       can be viewed

PHASE 1 FUNCTIONALITY

The key features listed above will include the following functionality:

           E-mail  is  created  using the  sender's  existing  e-mail  software.

<PAGE>

At June 30,  1999 , the sale price of EUGS  common  stock,  as  reported  by the
over-the-counter  ("OTC") electronic bulletin board, was $0.76 per share. Shares
traded in the NASDAQ OTC markets are  characterized by price volatility and thin
trading volumes. The relatively low volume of securities traded and the dramatic
effect  that sales of even a few  shares  can have on the  market  price of such
securities may have an adverse effect on the Company's  ability to liquidate its
remaining holdings or to realize the values similar to those shown above.


Management  believes  that the  cash  available  to the  Company  from  recently
completed and planned sales of marketable securities,  proceeds from the sale of
its own  securities,  and cash provided by operations will be sufficient to meet
the business  requirements of the Company for the next three-six  months. If the
Company expands its efforts to develop new products,  or the projected  revenues
do not  materialize in the timeframe  anticipated,  seeking  additional  funding
through  the  sale of its  securities  or  through  borrowing  may be  required.
Presently  the  Company  does not have an  established  bank  line of  credit or
similar  facility.  The sale of equity  securities  will result in immediate and
possibly substantial dilution of existing shareholders.


Year 2000 Issues

The Year 2000 Issue is the result of computer  programs  being written using two
digits  rather than four to define the  applicable  year. As a result there is a
risk  that  certain   Company's   computer   programs  or  equipment  that  have
date-sensitive  software or embedded  technology may recognize a date using "00"
as the year 1900, rather than the year 2000. With the approaching  change in the
century,  this  could  result in a system  failure  or  miscalculations  causing
disruptions of operations,  including, among other things, a temporary inability
to process  transactions,  send invoices,  collect  payment or engage in similar
normal business activities or complete ongoing development projects.

The  Company  relies on computer  hardware,  software  and  related  technology,
together with data, in the operation of its business.  Such  technology and data
are used in the Company's internal  operations,  such as billing and accounting.
The  Company is  currently  investigating  the  technology  and data used in its
operations  and has yet to  determine  whether  Year 2000 Issues will affect its
business.  Based on its  assessment of  activities  to date,  the Company is not
aware of a Year 2000  problem  with any of its  internal  systems.  The  Company
intends to evaluate its technology and data to determine what, if any,  remedial
action may be required to address these issues.  This  includes  seeking  and/or
requiring  remediation of any Year 2000 Issues that are related to the Company's
customers, suppliers and distributors. There is, however, no assurance that such
third parties will successfully  remediate their own Year 2000 Issues over which
the Company has no control.

The  Company  believes  it  will  substantially   complete  its  evaluation  and
remediation  prior to the beginning of the year 2000, and that upon  substantial
completion of such actions, and assuming that the Company's customers, suppliers
and  distributors  successfully  remediate their own Year 2000 Issues over which
the Company has no control, the Company will have no material business risk from
such  issues.  The  Company  has not yet  determined  the total  cost of such an
evaluation  and  any  remediation  that  may be  required  to  correct  problems
identified by this process.

The Company  develops  its  software  and  designs its  products to be Year 2000
compliant.  Customers  may require the Company to certify  that its products are
Year 2000 compliant. If its products were shown to have been the cause of a Year
2000  problem in a  customer's  system or  business,  the  Company  could  incur
liabilities  for breaching the warranty,  if any, that it may give its customers
concerning the status of its products under applicable Year 2000 standards.

<PAGE>

                           Part II. Other Information


ITEM 2.  CHANGES IN SECURITIES

         Unregistered  sales of equity  securities during quarter (other than in
reliance on Regulation S).

Recent Sales of Unregistered  Securities.  During the three months ended June 30
1999, the Company issued equity  securities  that were not registered  under the
Securities Act of 1933, as amended (the "Act"). Specifically, the Company issued
124,294 shares of common stock and warrants to purchase 107,627 shares of common
stock.  Gross  proceeds to the Company of $194,774 were generated by the sale of
these securities.  The Company issued such shares without registration under the
Act in reliance on exemptions  from  registration  under the Section 4(2) and/or
3(b), as well as  Regulation D  promulgated  under the Act. The shares of common
stock were (and the shares  issueable  upon  exercise of the  warrants  will be)
issued as restricted  securities and the certificates  representing  such shares
are or will be stamped with a restrictive  legend to prevent any resale  without
registration  under the Act or compliance  with an exemption.  In each case, the
purchasers of the securities were accredited investors,  as that term is defined
by Rule 501  under  the Act,  or  represented  to the  Company  that  they  were
sophisticated investors who were experienced in making investments of this type,
either  alone  or with a  purchaser  representative,  and  that  they  or  their
purchaser  representatives  were  otherwise  suitable  (under  state and federal
regulations)  and possessed  adequate means of providing for their current needs
and personal contingencies and who had no need for liquidity in an investment in
securities  such as the  Company's  common  stock,  which are subject to certain
risks, including the possible loss of a person's investment in whole or in part.


The  Company's  common stock is quoted on the  over-the-counter  ("OTC")  Nasdaq
electronic  bulletin  board under the symbol  SUDG.  To date there has been only
limited trading activity in the Company's stock.


<PAGE>

                                   Signatures


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.




                                            Sundog Technologies, Inc.

                                            (Registrant)

                                            /s/ Jerral R. Pulley
                                            ---------------------------

Date: August 16, 1999                       Jerral R. Pulley
                                            Chairman of the Board