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                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 June 30, 2004
                                       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 [ X ] NO [ ]

                      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 May 31, 2007
                 -----                            ------------------------------
      Common Stock, $.001 par value                         97,315,953

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<PAGE>


                                TABLE OF CONTENTS


Heading                    PART I. FINANCIAL INFORMATION                    Page

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

            Balance Sheet-June 30, 2004 (Unaudited)......................... 3

            Statement of Operations-Six Months Ended June 30, 2004
            (Unaudited)..................................................... 4

            Statement of Operations-Three Months Ended June 30,
            2004 (Unaudited)................................................ 5

            Statement of Cash Flows-Six Months Ended June 30, 2004
            (Unaudited)..................................................... 6

            Notes to Financial Statements (Unaudited)....................... 7-8

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

                           PART II. OTHER INFORMATION

Item 1      Legal Proceedings............................................... 10

Item 2      Unregistered Sales of Equity Securities and Use of Proceeds..... 10

Item 3      Defaults Upon Senior Securities................................. 10

Item 4      Submission of Matters to a Vote of Securities Holders........... 10

Item 5      Other Information............................................... 10

Item 6      Exhibits........................................................ 10

Signatures.................................................................. 11



<PAGE>


                                     PART I


Item 1.           Financial Statements

                  The following unaudited financial statements for the six-month
                  periods ended June 30, 2004 and 2003 have been prepared by
                  Online Gaming Systems, Ltd. (the "Company").



                           ONLINE GAMING SYSTEMS, LTD.

                              Financial Statements

                                  June 30, 2004





                                  Page 2 of 11


<PAGE>


                           ONLINE GAMING SYSTEMS, LTD.
                                  BALANCE SHEET

<TABLE>
<CAPTION>
                                                                            JUNE 30,        DECEMBER 31,
                                                                             2004              2003
                                                                         ------------      ------------
                                                                          (Unaudited)
<S>                                                                      <C>               <C>
ASSETS:

CURRENT ASSETS:
  Cash                                                                   $       --        $       --
  Other Current Assets                                                           --                --
                                                                         ------------      ------------
  TOTAL CURRENT ASSETS                                                           --                --
                                                                         ------------      ------------
PROPERTY AND EQUIPMENT-Net                                                       --                --
                                                                         ------------      ------------
OTHER ASSETS
  Deposit                                                                        --                --
  Intangible Assets-Net                                                          --                --
                                                                         ------------      ------------
  TOTAL ASSETS                                                           $       --        $       --
                                                                         ============      ============

LIABILITIES AND STOCKHOLDERS' EQUITY:

CURRENT LIABILITIES:
  Cash Overdraft                                                         $       --        $       --
  Accounts Payable and Accrued Expenses                                          --                --
  Accrued Interest-Related Party                                            1,719,496         1,719,496
  Advances - Related Party                                                         --                --
  Convertible Notes Payable - Related Party                                 2,474,907         2,474,907
                                                                         ------------      ------------
  TOTAL CURRENT LIABILITIES                                                 4,194,403         4,194,403

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, 2004                                    97,316            97,316

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

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

  Accumulated (Deficit)                                                   (21,325,310)      (21,325,310)
                                                                         ------------      ------------
  TOTAL STOCKHOLDERS' (DEFICIT)                                            (4,194,403)       (4,194,403)
                                                                         ------------      ------------
  TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)                          $      --         $       --
                                                                         ============      ============
</TABLE>

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

                                  Page 3 of 11

<PAGE>


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



                                                   SIX MONTHS ENDED JUNE 30,
                                                   2004               2003
                                                ------------      ------------
REVENUE
  Related Party                                 $       --        $       --
Other                                                   --             146,780
                                                ------------      ------------
TOTAL REVENUE                                           --             146,780

COST OF SALES                                           --                --
                                                ------------      ------------
GROSS PROFIT                                            --             146,780

OPERATING EXPENSES:
  General and Administrative                            --             398,313
  Depreciation and Amortization                         --              92,342
                                                ------------      ------------
TOTAL OPERATING EXPENSES                                --             490,655
                                                ------------      ------------
[LOSS] FROM OPERATIONS                                 (--)           (343,875)
                                                ------------      ------------
OTHER [EXPENSES] INCOME:
  Interest Expense-Related Party                       (--)           (395,618)
  Interest Expense                                     (--)              (--)
  Settlement of debt                                    --                --
  Other Income [Expense]                                --           2,589,774
                                                ------------      ------------

  OTHER [EXPENSES] INCOME - NET                         --           2,194,156
                                                ------------      ------------
INCOME(LOSS) FROM OPERATIONS BEFORE
  INCOME TAX [BENEFIT] EXPENSE                          --           1,850,281

INCOME TAX [BENEFIT] EXPENSE                            --                --
                                                ------------      ------------
NET INCOME (LOSS)                               $       --        $  1,850,281
                                                ============      ============

   BASIC AND DILUTED NET [LOSS]
     PER SHARE OF COMMON STOCK                  $       --        $        .02

   WEIGHTED AVERAGE SHARES OF COMMON
   STOCK OUTSTANDING-BASIC AND DILUTED            97,315,953        96,802,698


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

                                  Page 4 of 11
<PAGE>



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

                                                  THREE MONTHS ENDED JUNE 30,
                                                ------------------------------
                                                    2004              2003
                                                ------------      ------------
REVENUE
  Related Party                                 $       --        $       --
Other                                                   --             118,744
                                                ------------      ------------
TOTAL REVENUE                                           --             118,744

COST OF SALES                                           --                --
                                                ------------      ------------
GROSS PROFIT                                            --             118,744

OPERATING EXPENSES:
  General and Administrative                            --             164,412
  Depreciation and Amortization                         --              46,171
                                                ------------      ------------
TOTAL OPERATING EXPENSES                                --             210,583
                                                ------------      ------------
[LOSS] FROM OPERATIONS                                  --             (91,839)
                                                ------------      ------------
OTHER [EXPENSES] INCOME:
  Interest Expense-Related Party                        --            (197,809)
  Interest Expense                                      --                --
  Settlement of debt                                    --                --
  Other Income [Expense]                                --           2,589,774
                                                ------------      ------------

  OTHER [EXPENSES] INCOME - NET                         --           2,391,965
                                                ------------      ------------
INCOME(LOSS) FROM OPERATIONS BEFORE
  INCOME TAX [BENEFIT] EXPENSE                          --           2,300,126

INCOME TAX [BENEFIT] EXPENSE                            --                --
                                                ------------      ------------
NET INCOME (LOSS)                               $       --        $  2,300,126
                                                ============      ============

   BASIC AND DILUTED NET [LOSS]
     PER SHARE OF COMMON STOCK                  $       --        $       0.02

   WEIGHTED AVERAGE SHARES OF COMMON
   STOCK OUTSTANDING-BASIC AND DILUTED            97,315,953        97,052,698


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

                                  Page 5 of 11



<PAGE>


                                    ONLINE GAMING SYSTEMS, LTD.
                               STATEMENTS OF CASH FLOWS (UNAUDITED)


<TABLE>
<CAPTION>
                                                                    SIX MONTHS ENDED JUNE 30,
                                                                -------------------------------
                                                                    2004                2003
                                                                -----------         -----------
<S>                                                             <C>                 <C>
OPERATING ACTIVITIES:
  [Loss] from Operations                                        $      --           $ 1,850,281
  Adjustments to Reconcile Net [Loss] Income to
    Net Cash [Used for] Operating Activities:
    Depreciation and Amortization                                      --                92,342
    Exchange of assets for cancellation of indebtedness                --            (2,659,188)
    Issuance of common stock for cancellation of indebtedness          --                54,000
  Changes in Assets and Liabilities:
    [Increase] Decrease in:
      Note Receivable                                                  --                  --
      Other Assets                                                     --                 3,707
    Increase [Decrease] in:
      Accounts Payable and Accrued Expenses                            --               (38,904)
      Accrued Interest - Related Party                                 --               395,618
                                                                -----------         -----------
NET CASH - OPERATING ACTIVITIES:                                      (--)             (309,558)
                                                                -----------         -----------
INVESTING ACTIVITIES:
  Purchase of Patents and Licenses                                     --                  --
  Purchase of Property, Equipment, and Capitalized Software           (--)              (35,245)
                                                                -----------         -----------
NET CASH - INVESTING ACTIVITIES                                       (--)              (35,245)
                                                                -----------         -----------
FINANCING ACTIVITIES:
  Proceeds from Issuance of Common Stock                               --                  --
  Proceeds from Sale of Treasury Stock                                 --                  --
  Increase (Decrease) in Loan Payable to Officer                       --                  --
  Proceeds from Note Payable                                           --                  --
  Proceeds from Convertible Note Payable - Related Party               --               400,000
  Repayment of Convertible Note Payable - Related Party                --                  --
  Repayments of Note Payable                                           --                  --
  Repayments of Lease Payable                                          --                  --
                                                                -----------         -----------
NET CASH - FINANCING ACTIVITIES                                        --               354,876
                                                                -----------         -----------
[DECREASE] INCREASE IN CASH AND CASH EQUIVALENTS                       --                10,073

CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD                        --                10,073
                                                                -----------         -----------

CASH AND CASH EQUIVALENTS - END OF PERIOD                       $      --           $      --
                                                                ===========         ===========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
  Cash paid during the years for:
    Interest                                                    $      --           $      --
     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 11




<PAGE>


                          ONLINE GAMIING SYSTEMS, LTD.
                    Notes to Financial Statements (Unaudited)
                                  June 30, 2004

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, 2003.

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, 2003 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

                  There were no major customers during the six-month period
                  ending June 30, 2004:

                                  Page 7 of 11

<PAGE>


                          ONLINE GAMIING SYSTEMS, LTD.
                    Notes to Financial Statements (Unaudited)
                                  June 30, 2004


Note 5 -          Convertible Notes Payable - Related Party

                  At June 30, 2004, 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 $ --- and
                  $395,618 for the six months ended June 30, 2004 and June 30,
                  2003 respectively. As of June 30, 2004, 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

                  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 shareholder, 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 8 of 11

<PAGE>


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

SIX MONTHS ENDED JUNE 30, 2004 AND 2003

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.

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 9 of 11

<PAGE>


                           ONLINE GAMING SYSTEMS, LTD.

                                     PART II

Item 1.  Legal Proceedings

There were no legal proceedings filed or threatened involving the Company during
the three-month period ended June 30, 2004.

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

(a) Reports on Form 8-K.

Not Applicable

(b) 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
       32.1  Certification Pursuant to 18 USC Section 1350, Section 906 of the
             Sarbanes-Oxley Act of 2002
       32.1  Certification Pursuant to 18 USC Section 1350, Section 906 of the
             Sarbanes-Oxley Act of 2002


                                  Page 10 of 11

<PAGE>


                                   SIGNATURES

         In accordance with Section 13 or 15(d) of the Exchange Act of 1934, the
Registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

                                            ONLINE GAMING SYSTEMS, LTD.

Dated: June 30, 2007                        By /s/ RICHARD DUNNING
                                               ---------------------------------
                                               Richard Dunning, President
                                               Acting Chief Financial Officer
















                                  Page 11 of 11
<PAGE>