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 the Quarter Ended September 30, 2003

                                       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: 0-27256

                           ONLINE GAMING SYSTEMS, LTD.
                           ---------------------------
        (Exact name of small business issuer as specified in its charter)

             DELAWARE                                    13-3858917
             --------                                    ----------
    (State or other jurisdiction of                  (I.R.S. Employer
    incorporation or organization)                 Identification number)

      c/o Advanced Resources Group, LTD, 5 Erie Street, Garfield, NJ 07026
      --------------------------------------------------------------------
                    (Address of principal executive offices)

Registrant's telephone no., including area code: (973) 253-6131

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15 (d) of the Securities Exchange Act of 1934 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 [ ] NO [X]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Act). YES [ ] NO [X]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date.

               Class                       Outstanding as of August 10, 2006
               -----                       ---------------------------------
    Common Stock, $.001 par value                     97,315,953






<PAGE>

                                TABLE OF CONTENTS

Heading                   PART I. FINANCIAL INFORMATION                     Page

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

        Balance Sheet-September 30, 2003 (Unaudited) ......................    3

        Statement of Operations-Nine Months Ended September 30,
        2003 (Unaudited) ..................................................    4

        Statement of Operations-Three Months Ended September 30,
        2003 (Unaudited) ..................................................    5

        Statement of Cash Flows-Nine Months Ended September 30,
        2003 (Unaudited) ..................................................    6

        Notes to Financial Statements (Unaudited) .........................  7-9

Item 2  Management's Discussion and Analysis or Plan of Operation .........   10

Item 3  Controls and Procedures ...........................................   10

                           PART II. OTHER INFORMATION

Item 1  Legal Proceedings .................................................   11

Item 2  Unregistered Sales of Equity Securities and Use of Proceeds .......   11

Item 3  Defaults Upon Senior Securities ...................................   11

Item 4  Submission of Matters to a Vote of Securities Holders .............   11

Item 5  Other Information .................................................   11

Item 6  Exhibits ..........................................................   11

Signatures ................................................................   12



                                  Page 1 of 12
<PAGE>

                                     PART I

Item 1. Financial Statements

The following unaudited financial Statements for the nine-month periods ended
September 30, 2003 and 2002 have been prepared by Online Gaming Systems, Ltd.
(the "Company").

                           ONLINE GAMING SYSTEMS, LTD.

                              Financial Statements

                               September 30, 2003



                                  Page 2 of 12
<PAGE>

                           ONLINE GAMING SYSTEMS, LTD.
                                  BALANCE SHEET
<TABLE>
<CAPTION>

                                                                SEPTEMBER 30,    DECEMBER 31,
                                                                     2003           2002
                                                                ------------    ------------
                                                                 (Unaudited)
<S>                                                             <C>             <C>
ASSETS:

CURRENT ASSETS:
  Cash                                                          $       --      $      8,916
  Other Current Assets                                                  --            21,321
                                                                ------------    ------------
  TOTAL CURRENT ASSETS                                                  --            30,237
                                                                ------------    ------------

PROPERTY AND EQUIPMENT-Net                                              --            55,023
                                                                ------------    ------------
OTHER ASSETS
  Deposit                                                               --            18,016
  Intangible Assets-Net
                                                                        --           323,565
                                                                ------------    ------------
  TOTAL ASSETS                                                  $       --      $    426,841
                                                                ============    ============
LIABILITIES AND STOCKHOLDERS' EQUITY:

CURRENT LIABILITIES:
  Cash Overdraft                                                $       --      $     18,989
  Accounts Payable and Accrued Expenses                              304,276         366,903
  Accrued Interest-Related Party                                   1,719,496       1,323,878
  Advances - Related Party                                           142,529         187,653
  Convertible Notes Payable - Related Party                        2,474,907       5,074,907
                                                                ------------    ------------
  TOTAL CURRENT LIABILITIES                                        4,641,208       6,972,330

COMMITMENTS AND CONTINGENCIES                                           --              --

STOCKHOLDERS' (DEFICIT):
  Convertible Preferred Stock-Par Value $.001 Per Share;
    Authorized 10,000,000 Shares, None Issued and Outstanding           --              --

  Common Stock-Par value $.001 Per Share;
    Authorized 200,000,000 Shares, Issued and outstanding-
    97,315,953 Shares at September 30, 2003                           97,316          96,416

   Additional Paid-in Capital                                     18,764,076      18,710,976

   Treasury Stock,1,125,012 Common Shares-At Cost                 (1,730,485)     (1,730,485)

  Accumulated (Deficit)                                          (21,772,116)    (23,622,396)
                                                                ------------    ------------
  TOTAL STOCKHOLDERS' (DEFICIT)                                   (4,641,208)     (6,545,489)
                                                                ------------    ------------
  TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)                 $       --      $    426,841
                                                                ============    ============
</TABLE>

The Accompanying Notes are an Integral Part of these Financial Statements


                                  Page 3 of 12
<PAGE>

                           ONLINE GAMING SYSTEMS, LTD.
                      STATEMENTS OF OPERATIONS (UNAUDITED)

                                                 NINE MONTHS ENDED SEPTEMBER 30,
                                                 ------------------------------
                                                     2003               2002
                                                 ------------      ------------
REVENUE
  Related Party                                  $       --        $    250,000
  Other                                               146,780           436,706
                                                 ------------      ------------
TOTAL REVENUE                                    $    146,780      $    686,706

COST OF SALES                                            --                --
                                                 ------------      ------------
GROSS PROFIT                                          146,780           686,706
                                                 ------------      ------------
OPERATING EXPENSES:
  General and Administrative                          398,313         1,631,727
  Depreciation and Amortization                        92,342           242,238
                                                 ------------      ------------
TOTAL OPERATING EXPENSES                              490,655         1,873,965
                                                 ------------      ------------
[LOSS] FROM OPERATIONS                               (343,875)       (1,187,259)
                                                 ------------      ------------
OTHER [EXPENSES] INCOME:
  Interest Expense-Related Party                     (395,618)         (392,005)
  Interest Expense                                       --              (3,323)
  Settlement of debt                                     --                --
  Other Income [Expense]                            2,589,774             1,797
                                                 ------------      ------------
OTHER [EXPENSES] INCOME - NET                       2,194,156          (393,531)
                                                 ------------      ------------
INCOME(LOSS) FROM OPERATIONS BEFORE
  INCOME TAX [BENEFIT] EXPENSE                      1,850,281        (1,580,790)

INCOME TAX [BENEFIT] EXPENSE                             --                --
                                                 ------------      ------------
NET INCOME (LOSS)                                $  1,850,281      $ (1,580,790)
                                                 ============      ============
BASIC AND DILUTED NET [LOSS]
  PER SHARE OF COMMON STOCK                      $        .02      $       (.01)

WEIGHTED AVERAGE SHARES OF COMMON
  STOCK OUTSTANDING-BASIC AND DILUTED              96,802,698        95,336,529

The Accompanying Notes are an Integral Part of these Financial Statements.


                                  Page 4 of 12
<PAGE>

                           ONLINE GAMING SYSTEMS, LTD.
                      STATEMENTS OF OPERATIONS (UNAUDITED)

                                                THREE MONTHS ENDED SEPTEMBER 30,
                                                -------------------------------
                                                     2003             2002
                                                 ------------     ------------
REVENUE
  Related Party                                  $       --       $       --
  Other                                                  --            146,473
                                                 ------------     ------------
TOTAL REVENUE                                            --            146,473

COST OF SALES                                            --               --
                                                 ------------     ------------
GROSS PROFIT                                             --            146,473
                                                 ------------     ------------
OPERATING EXPENSES:
  General and Administrative                             --            438,769
  Depreciation and Amortization                          --             68,143
                                                 ------------     ------------
TOTAL OPERATING EXPENSES                                 --            506,912
                                                 ------------     ------------
INCOME[LOSS] FROM OPERATIONS                             --           (360,439)
                                                 ------------     ------------
OTHER [EXPENSES] INCOME:
  Interest Expense-Related Party                         --           (137,397)
  Interest Expense                                       --               (680)
  Settlement of debt                                     --
  Other Income [Expense]                                 --               --
                                                 ------------     ------------
OTHER [EXPENSES] INCOME - NET                            --           (138,077)
                                                 ------------     ------------
INCOME[LOSS] FROM OPERATIONS BEFORE
  INCOME TAX [BENEFIT] EXPENSE                           --           (498,516)

INCOME TAX [BENEFIT] EXPENSE                             --               --
                                                 ------------     ------------
NET INCOME [LOSS]                                        --           (498,516)
                                                 ============     ============

BASIC AND DILUTED NET [LOSS]
  PER SHARE OF COMMON STOCK                      $       --       $       (.01)

WEIGHTED AVERAGE SHARES OF COMMON
  STOCK OUTSTANDING-BASIC AND DILUTED              97,315,953       95,546,846

The Accompanying Notes are an Integral Part of these Financial Statements.


                                  Page 5 of 12
<PAGE>

                           ONLINE GAMING SYSTEMS, LTD.
                      STATEMENTS OF CASH FLOWS (UNAUDITED)
<TABLE>
<CAPTION>

                                                                NINE MONTHS ENDED SEPTEMBER 30,
                                                                ------------------------------
                                                                      2003           2002
                                                                  -----------    -----------
<S>                                                               <C>            <C>
OPERATING ACTIVITIES:
  [Loss] from Operations                                          $ 1,850,281    $(1,580,790)
  Adjustments to Reconcile Net [Loss] Income to
    Net Cash [Used for] Operating Activities:
      Depreciation and Amortization                                    92,342        242,238
      Exchange of assets for cancellation of indebtedness          (2,659,188)          --
      Issuance of common stock for cancellation of indebtedness        54,000         34,000
  Changes in Assets and Liabilities:
    [Increase] Decrease in:
      Note Receivable
      Other Assets                                                      3,707         (4,747)
    Increase [Decrease] in:
      Accounts Payable and Accrued Expenses                           (38,904)      (116,218)
      Accrued Interest - Related Party                                395,618        361,531
                                                                  -----------    -----------
NET CASH - OPERATING ACTIVITIES:                                     (309,558)    (1,063,986)
                                                                  -----------    -----------
INVESTING ACTIVITIES:
  Purchase of Patents and Licenses                                       --             --
  Purchase of Property, Equipment, and Capitalized Software           (35,245)      (105,000)
                                                                  -----------    -----------
NET CASH - INVESTING ACTIVITIES                                       (35,245)      (105,000)
                                                                  -----------    -----------
FINANCING ACTIVITIES:
  Proceeds from Issuance of Common Stock                                 --           12,910
  Proceeds from Sale of Treasury Stock                                   --             --
  Increase (Decrease) in Loan Payable to Officer                         --             --
  Proceeds from Note Payable                                           50,000
  Proceeds from Convertible Note Payable - Related Party              400,000      1,320,000
  Repayment of Convertible Note Payable - Related Party                  --         (250,000)
  Repayments of Note Payable                                             --           (2,500)
  Repayments of Lease Payable                                            --          (29,006)
                                                                  -----------    -----------
NET CASH - FINANCING ACTIVITIES                                       354,876      1,101,404
                                                                  -----------    -----------
[DECREASE] INCREASE IN CASH AND CASH EQUIVALENTS                       10,073        (67,582)

CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD                        10,073        123,097
                                                                  -----------    -----------
CASH AND CASH EQUIVALENTS - END OF PERIOD                         $      --      $    55,515
                                                                  ===========    ===========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
  Cash paid during the years for:
    Interest                                                      $      --      $    33,796
    Taxes                                                                --             --
</TABLE>

SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:

   The Company exchanged assets with a book value of $340,812 for $3,000,000
convertible note payable resulting in a non-cash profit of $ 2,659,188

   During the six month period ended June 30, 2003, the Company issued 900,000
shares of common stock to a former consultant in exchange for cancellation of
indebtedness.

The Accompanying Notes are an Integral Part of these Financial Statements.


                                  Page 6 of 12
<PAGE>

                          ONLINE GAMIING SYSTEMS, LTD.
                    Notes to Financial Statements (Unaudited)
                               September 30, 2003

Note 1 -          Basis of Preparation

                  The accompanying unaudited financial statements of Online
                  Gaming Systems, Ltd (the " Company") have been prepared in
                  accordance with Regulation S-B promulgated by the Securities
                  and Exchange Commission and do not include all of the
                  information and footnotes required by generally accepted
                  accounting principles in the United States for complete
                  financial statements. In the opinion of management, these
                  interim financial statements include all adjustments necessary
                  in order to make the financial statements not misleading. The
                  results of operations for such interim period are not
                  necessary indicative of results of operations for a full year.
                  The unaudited financial statements should be read in
                  conjunction with the audited financial statements and notes
                  thereto of the Company and management's discussion and
                  analysis of financial condition and results of operations
                  included in the Annual Report on Form 10-KSB for the year
                  ended December 31, 2002.

Note 2 -          Significant Accounting Policies

                  The accounting policies followed by the Company are set forth
                  in Note 2 to the Company's financial statements in the
                  December 31, 2002 Form 10-KSB.

Note 3 -          Per Share Data

                  Per share basic data are based on the weighted average number
                  of common shares outstanding during the respective periods.
                  The diluted net income per share is based upon the common
                  stock outstanding during the period and the effect of all
                  dilutive potential common shares outstanding. The computation
                  of diluted earnings per share does not assume conversion,
                  exercise or contingent issuance of securities that would have
                  an anti-dilutive effect on earnings per share.

Note 4 -          Major Customers

                  Income fees derived from customers are concentrated amongst
                  numerous customers, with the following contributing more than
                  10 percent of the Company's revenues during the nine-month
                  period ending September 30, 2003:

                           Customer A-related party                    100%


                                  Page 7 of 12
<PAGE>

                          ONLINE GAMIING SYSTEMS, LTD.
                    Notes to Financial Statements (Unaudited)
                               September 30, 2003

Note 5 -          Convertible Notes Payable - Related Party

                  At September 30, 2003, the Company had a $2,474,907
                  convertible note payable balance due Hosken Consolidated
                  Investments ["HCI"]. HCI is a South African investment holding
                  company involved in various technology industries. Terms of
                  the revised loan agreement provides for an extension of the
                  maturity to repay all principal outstanding and related
                  accrued interest by a future date to be determined. The notes
                  payable are secured by substantially all assets of the
                  Company. The Company recorded interest expense of $395,618
                  and $254,608 for the nine months ended September 30, 2003 and
                  September 30, 2002 respectively. As of September 30, 2003, the
                  Company has accrued $1,719,496 in interest related to the
                  convertible debt borrowing.

                  During the quarter ended March 31, 2003, the Company had
                  advances of $400,000 from HCI in the form of convertible notes
                  payable. Terms of the conversion feature provide for the
                  principal balance to be converted into shares of the Company's
                  common stock at a rate equal to the fair value per share at
                  the date of conversion.

                  At June 30, 2003 the Company exchanged all its assets as well
                  as its wholly owned Australian subsidiary for forgiveness of
                  $3,000,000 convertible note payable due to HCI.

Note 6 -          Capital Stock

                  During the first quarter 2002, the Chief Financial Officer of
                  the Company purchased 166,667 shares of the Company's common
                  stock, for $.06 per share.

                  During the first quarter 2002, the former Chief Executive
                  Officer of the Company was issued 561,766 shares of the
                  Company's common stock, in settlement of a loan amount due to
                  the former Chief Executive Officer of $34,683.

                  In January 2002, the Company received a purchase money
                  mortgage note from a consultant calling for the purchase of
                  30,000 shares per month for 12 months at a price of $.05 per
                  share, the closing price on the date when the agreement was
                  negotiated. On January 2, 2002, the Company issued the initial
                  30,000 shares of its common stock in exchange for $1,500. On
                  February 7, 2002, the Company issued another 90,000 shares of
                  its common stock in exchange for $4,500. In August 2002, the
                  Company issued another 30,000 shares of its common stock in
                  exchange for $1,500.

                  In 2002 a total of 241,251 shares of the Company's common
                  stock were issued to a previous customer in satisfaction of an
                  investment made in the Company.

                                  Page 8 of 12
<PAGE>

                          ONLINE GAMIING SYSTEMS, LTD.
                    Notes to Financial Statements (Unaudited)
                               September 30, 2003

                  During fiscal 2002, the Chief Financial Officer of the Company
                  purchased 350,000 shares of the Company's common stock at $.06
                  per share.

                  In connection with a settlement in fiscal 2002, the Company
                  issued 541,667 shares of common stock with a fair market value
                  of $0.06 per shares as consideration for rent in arrears on
                  its corporate office space. Additionally, the Company issued
                  25,000 shares of common stock with a fair market value of
                  $0.06 per share to a consultant for services rendered.

                  At the November 2002 shareholders meeting, the shareholders
                  approved an amendment to the Company's articles of
                  incorporation to increase the number of shares of common stock
                  which the Company is authorized to issue from 100,000,000 to
                  200,000,000.

                  During the first quarter 2002, the Chief Financial Officer of
                  the Company purchased 166,667 shares of the Company's common
                  stock, at $.06 per share.

                  In the second quarter of 2003, the Company issued 900,000
                  shares of common stock with a market value of $.06 per share
                  for cancellation of indebtedness.

Note 7 -          Subsequent Events

                  In 2006 the Company's major stockholder, Hosken Consolidated
                  Investments ["HCI"] executed a stock purchase agreement to
                  sell 77,767,153 (79%) shares of common stock of the Company to
                  a non-related third party buyer.


                                  Page 9 of 12
<PAGE>

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

NINE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002

The Company permanently ceased operations in May 2003, therefore no discussion
and analysis of financial condition and results of operations would be relevant.

FORWARD - LOOKING STATEMENTS

The matters discussed in Management's Discussion and Analysis and throughout
this report that are forward-looking statements are based on current management
expectations that involve risk and uncertainties.

Potential risks and uncertainties include, without limitation; the impact of
economic conditions generally and in the industry for Internet gaming products
and services; dependence on key customers; continued competitive and pricing
pressures in the industry; open-sourcing of products; rapid product improvement
and technological change; capital and financing availability; and other risks
set forth herein.

Item 3. Controls and Procedures

(a) Explanation of disclosure controls and procedures. The Company's chief
executive officer and its chief financial officer after evaluating the
effectiveness of the Company's disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14(c) and 15-d-14(c) as of a date within 90 days of the
filing date of the quarterly report (the "Evaluation Date") have concluded that
as of the Evaluation Date, the Company's disclosure controls and procedures were
adequate and effective to ensure that material information relating to the
Company and its consolidated subsidiary would be made known to them by others
within those entities, particularly during the period in which this quarterly
report was being prepared.

(b) Changes in internal controls. There were no significant changes in the
Company's internal controls or in other factors that could significantly affect
the Company's disclosure controls and procedures subsequent to the Evaluation
Date, nor any significant deficiencies or material weaknesses in such disclosure
controls and procedures requiring corrective actions. As a result, no corrective
actions were taken.


                                 Page 10 of 12
<PAGE>

                           ONLINE GAMING SYSTEMS, LTD.

                                     PART II

Item 1.  Legal Proceedings

During the second quarter of 2002, RCS Financial Services, Ltd filed suit
against the Company for repayment of a loan, alleging a remaining balance of
$47,500 plus interest. The Company reached resolution regarding this suit during
the second quarter of 2003, and paid $53,571 for full settlement. There were no
other new legal proceedings filed or threatened involving the Company during the
three-month period ended September 30, 2003.

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds

This Item is not applicable to the Company.

Item 3.  Defaults upon Senior Securities

This Item is no applicable to the Company.

Item 4.  Submission of Matters to a Vote of Security Holders

This Item is not applicable to the Company.

Item 5.  Other Information

This Item is not applicable to the Company.

Item 6.  Exhibits

   Exhibits

       31.1  Certification Pursuant to Section 302 of the Sarbanes-Oxley Act
             of 2002
       31.2  Certification Pursuant to Section 302 of the Sarbanes-Oxley Act
             of 2002
       32    Certification Pursuant to 18 USC Section 1350, Section 906 of the
             Sarbanes-Oxley Act of 2002


                                 Page 11 of 12
<PAGE>

                                   SIGNATURES

In accordance with the requirements of the Securities Exchange Act of 1934, the
Registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

June 4, 2007

                                       Online Gaming Systems, Ltd.

                                       By: /s/ RICHARD DUNNING
                                           ---------------------------------
                                           Richard Dunning
                                           President and
                                           Acting Chief Financial Officer


                                 Page 12 of 12