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

                                   FORM 10-KSB

(Mark One)
   [X] Annual report under Section 13 or 15(d) of the Securities Exchange Act of
1934 for the fiscal year ended December 31, 2000

   [ ] Transition report under Section 13 or 15(d) of the Securities Exchange
Act of 1934 (No fee required) for the transition period from to

         Commission file number: 33-24108D

                                TRSG Corporation
                                ----------------
                 (Name of Small Business Issuer in Its Charter)


            Delaware                                   87-045382
           ----------                                 -----------
 (State or Other Jurisdiction of
  Incorporation or Organization)          (I.R.S. Employer Identification No.)


      500 East Cheyenne Avenue, North Las Vegas, Nevada      89030
      ---------------------------------------------------------------
          (Address of Principal Executive Offices)         (Zip Code)

                                 (702) 399-4328
       ------------------------------------------------------------------
                (Issuer's Telephone Number, Including Area Code)

Securities registered under Section 12(b) of the Exchange Act:

        Title of Each Class           Name of each Exchange on Which Registered
        -------------------           ------------------------------------------
  Common Stock ($0.001 Par Value)                        None
      Preferred Stock ($0.001

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
                            -----                    ------

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B not contained in this form, and no disclosure will be contained,
to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB [X].

The issuer's total consolidated revenues for the year ended December 31, 2000,
were $0.

The aggregate market value of the registrant's common stock, $0.001 par value
held by non-affiliates was approximately $7,119,939 based on the average closing
bid and asked prices for the Common Stock on April 9, 2001.

On April 9, 2001, the number of shares outstanding of the registrant's Common
Stock, $0.001 par value (the only class of voting stock), was 17,212,946.


<PAGE>



                                TABLE OF CONTENTS

                                                                            PAGE

                                     PART I


Item 1.   Description of Business.............................................1

Item 2.   Description of Property.............................................4

Item 3.   Legal Proceedings...................................................4

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


                                     PART II

Item 5.   Market for Common Equity and Related Stockholder Matters............5

Item 6.   Management's Discussion and Analysis or Plan of Operation...........6

Item 7.   Financial Statements................................................8

Item 8.   Changes in and Disagreements With Accountants on Accounting and
          Financial Disclosure................................................9

                                    PART III

Item 9.   Directors and Executive Officers....................................9

Item 10.  Executive Compensation.............................................10

Item 11.  Security Ownership of Certain Beneficial Owners and Management.....10

Item 12.  Certain Relationships and Related Transactions.....................11

Item 13.  Exhibits, List and Reports on Form 8-K.............................12

Signatures ..................................................................15
<PAGE>



                                     PART I

ITEM 1.       DESCRIPTION OF BUSINESS

A.  Business Development

As used herein the term "Company" refers to TRSG Corporation, a Delaware
corporation, its subsidiaries and predecessors, unless the context indicates
otherwise. The Company was originally incorporated in the State of Delaware on
January 11, 1988, under the name Jutland Enterprises, Inc. The Company has had
several previous names including Jutland Enterprises, Inc., Treat Enterprises,
Inc., and Professional Wrestling Alliance Corporation. On November 1, 2000, the
Company filed a Certificate of Amendment of its Certificate of Incorporation
with the State of Delaware wherein the name of the Company was changed from
"Professional Wrestling Alliance Corporation" to "TRSG Corporation."

The Company carried on the business authorized by its charter until March 1,
1995, at which time its charter became inoperative and void for non-payment of
taxes. On April 13, 1999, the State of Delaware revived the Company's charter to
conduct the business authorized by its articles of incorporation retroactively
as of February 28, 1995. Furthermore, the Company was unable to transact any
business because no known officer or director retained their position with the
Company until April 7, 1999.

On March 22, 1999, Hudson Consulting Group, Inc. ("Hudson") entered into a Stock
Purchase Agreement ("Stock Purchase") with an individual by the name of Andrew
Thorburn. Pursuant to the Stock Purchase Hudson purchased 2,246,224 shares of
the Company's common stock for $10,000 cash on March 24, 1999. Consequently,
Hudson obtained a majority interest in the Company's common stock. By virtue of
Hudson's purchase of 57.7% of the Company's common stock, Hudson obtained
effective control of the Company. Hudson's intent in purchasing 57.7% of the
Company's shares of common stock was to assist the Company in settling its
debts, bringing the necessary disclosure documents current with the Securities
and Exchange Commission, and finding suitable operations for the Company through
a merger or acquisition.

On April 7, 1999, Hudson filled the vacancies on the board of the Company
pursuant to Delaware General Corporation Law under Sections 268(a) and 141(k)
appointing Richard Surber as a director and president and Saundra McFadden as a
director and secretary of Company. Both Mr. Surber and Ms. McFadden were also
officers and directors of Hudson. On November 19, 1999, the Company amended its
articles of incorporation to provide for an increase in the number of its
authorized shares of its common stock from 50,000,000 to 200,000,000.

On November 23, 1999 the Company entered into a Stock Acquisition Agreement
("Acquisition Agreement") with four individuals, Allen Nelson, Pamela Nissen,
Leland Stringer, and Barry Vichnick who collectively owned 100% of the shares of
Professional Wrestling Alliance, Inc., a Nevada Corporation ("PWA"). The Company
agreed to purchase 100% of PWA from the four PWA shareholders ("PWA
Shareholders") in exchange for 60,000,000 shares of the Company's common stock.
The PWA shareholders received the 60,000,000 shares of the Company's common
stock on a pro rata basis. In exchange for the transfer of 60,000,000 shares of
the Company's common stock to the PWA's Shareholders on a pro rata basis, a 100%
ownership interest in PWA was transferred to the Company.

                                        1

<PAGE>

The Company effected the purchase of PWA for the purpose of producing and
distributing a series of sports and television entertainment shows, pay per
views, and live events that combined music with female wrestling. PWA's female
wrestlers were trained in a distinctive style of wrestling known as "Lucha
Libre" that had grown popular in Mexico and Japan. The Company believed that the
mixture of female wrestling matches with live music events and celebrities would
attract a wide audience, that would in turn create a good business opportunity
for the Company's shareholders.

The acquisition of PWA left the PWA shareholders holding 60,000,000 shares of
the Company's common stock or 92.74% of the Company's issued and outstanding
stock. Hudson's holdings totaled 2,246,224, or 3.47%, of the Company's
outstanding shares of common stock, down from 57.7% prior to the change of
control. Richard Surber's maintained 800,000 or 1.23% of the Company's shares
issued and outstanding.

On March 25, 2000, the Company, in a related party transaction, purchased Oasis
Fields L.L.C., a Nevada limited liability company which owned approximately
2.145 acres of raw land located in Elko County Nevada, from Mel Fields for
1,200,000 shares of the Company's common stock which Mr. Fields caused to be
issued to Oasis International Hotel & Casino, Inc., which is a sibling
corporation to Hudson Consulting Group, Inc. Mel Fields was the sole shareholder
and 100% owner of Oasis Fields, L.L.C. prior to this transaction.

Due to a lack of sufficient capital to fund the business of the Company, two of
the Company's major shareholders, Barry Vichnick and Allen Nelson, agreed to
cancel their shares pursuant to a Separation Agreement dated July 27, 2000. The
canceled shares, amounted to a combined total of 23,500,000 shares, which were
deemed legally canceled as of July 27, 2000.

Subsequent to the July 27, 2000 Separation Agreement, the Company changed its
plan of operations to that of a shell company in search of a suitable merger or
acquisition candidate. The major thrust of the Separation Agreement was that Mr.
Vichnick and Mr. Nelson relinquished their shares in the Company (allowing them
to be canceled) in exchange for taking back all assets, liabilities, and
financial interests in the subsidiary Nevada Corporation, The Professional
Wrestling Alliance, Inc. As a result of this Separation Agreement, the Company
no longer has any right or interest in the former subsidiary, and all relations
with the former subsidiary have been dissolved.

On October 30, 2000, pursuant to a resolution of the Board of Directors of the
Company, and with the consent of the Company's majority shareholder, World
Alliance Consulting, Inc., the Company authorized a one (1) for twenty (20)
reverse split of the Company's $0.001par value common voting stock.

On November 11, 2000 the Company transferred its interest in Oasis Fields L.L.C.
to World  Alliance  Consulting  Corporation,  Inc.  ("World")  in  exchange  for
services provided to the Company by World.

B.  Acquisition of a Business

Since the Company discontinued its operations in July of 2000, it has attempted
to identify and acquire a favorable business opportunity. The Company reviewed
and evaluated a number of business ventures for possible acquisition or
participation by the Company. On October 12, 2000, the Company entered into an
Acquisition Agreement ("Agreement") with Gateway Distributors, Ltd., a Nevada
Corporation ("Gateway") wherein the Company agreed to acquire the bulk of
Gateway's assets and its operating business, in exchange for shares of the
Company's stock equaling approximately 78% of the issued and outstanding shares.

                                        2

<PAGE>

Gateway is a network marketing company that does business under the name "The
Right Solution." Gateway sells nutritional , health and dietary supplements, and
products throughout North America and Japan. For more information, see "Gateway
Distributors, Ltd. Form 10-SB," filed December 15, 1999. The Agreement transfers
to the Company the business and goodwill of The Right Solution which consists of
existing inventory and an existing networking distribution business.

The Closing of the Agreement occurred on January 10, 2001. (See Form 8-K filed
by the Company on January 12, 2001 and the amendment thereto which contains
pro-forma financial statements, filed March 28, 2001.) (For a description of the
business of Gateway, which was acquired on January 12, 2001, see Form 10-KSB of
Gateway Distributors, Ltd. for the period ended December 31, 2000.)

Governmental Regulation

Since closing the Gateway acquisition and assuming the business, the Company is
subject to and affected by extensive laws, governmental regulations,
administrative determinations, court decisions and similar constraints (as
applicable, at the federal, state and local levels) including, among other
things, regulations pertaining to (i) the formulation, manufacturing, packaging,
labeling, distribution, importation, sale and storage of the Company's products,
(ii) product claims and advertising (including direct claims and advertising by
the Company as well as claims and advertising by distributors, for which the
Company may be held responsible), (iii) the Company's network marketing system,
(iv) transfer pricing and similar regulations that affect the personal import
laws, and (v) taxation of distributors, which in some instances may impose an
obligation on the Company to collect the taxes and maintain appropriate records.

Competition

Since closing the Gateway acquisition and assuming the business of Gateway, the
Company is subject to significant competition for the recruitment of
distributors from other network marketing organizations, including those that
market nutritional, health and dietary supplements, as well as those which
market other types of products. Some of the competitors are expected to be
substantially larger and have available considerably greater financial resources
than the Company. The Company's ability to remain competitive depends, in
significant part, on the Company's success in sponsoring and retaining
distributors through an attractive compensation plan and other incentives. The
Company believes that its continuation of the bonus availability program,
recognition and rewards program and other compensation and incentive programs
presently used by Gateway will provide its distributors with significant earning
potential. However, there can be no assurance that the adoption of Gateway's
ongoing programs for recruitment and retention of distributors will be
successful for the Company.

The market for nutritional, health, and dietary supplements is characterized by
extensive competition, frequent new product introductions, short product life
cycles, rapid price declines and eroding profit margins, and changing customer
preferences. This market segment includes numerous manufacturers, distributors,
marketers, retailers, and physicians that actively compete for the business of
consumers, both in the United States and Japan. The market is highly sensitive
to the introduction of new products that may rapidly capture a significant share
of the market. The Company expects it will face substantial competition in its
efforts to successfully capture a significant share of the market. There are a
number of companies that currently offer competing products, and it can be
expected that additional competing products will be introduced by other
companies in the future. In addition, there are a variety of channels of
distribution for nutritional supplements other than through network marketing
and distribution systems, including direct

                                        3

<PAGE>

response marketing, specialty retail health and nutrition stores, drug stores
and supermarkets. Many of the Company's potential competitors will have greater
financial, marketing, distribution, and research capabilities than the Company.
The performance of the Company will depend on its ability to assume the business
of Gateway without significant interruption of the ongoing business, and to
develop and market new products that can gain customer acceptance and loyalty,
as well as its ability to adapt its product offerings to meet changing pricing
considerations and other market factors.

Employees

The Company is a development stage company and had no employees as of December
31, 2000. Executive officers, who were not compensated for their time
contributed to the Company, devoted only such time to the affairs of the Company
as they deemed appropriate, that was estimated to be approximately 20 hours per
month per person. Management of the Company used consultants, attorneys, and
accountants as necessary, and did not engage any full-time employees while
seeking to acquire a business.

As of December 31, 2000, Gateway Distributors, Ltd. ("Gateway") had twenty
full-time employees. These numbers do not include Gateway's distributors, who
are independent contractors rather than employees of Gateway. Since the closing
of the Gateway transaction the employees of Gateway have become employees of the
Company pursuant to the Company's acquisition of the business of Gateway.

ITEM 2.       DESCRIPTION OF PROPERTY

The Company owns no real property. The Company currently uses the offices,
office equipment and support staff of Gateway Distributors, Ltd. ("Gateway") at
500 East Cheyenne Avenue, North Las Vegas, Nevada 89030. The Company currently
has no written lease agreement with Gateway.

ITEM 3.       LEGAL PROCEEDINGS

Cynthia M. Maleski, Insurance Commissioner of the Commonwealth of Pennsylvania
v. Jutland Enterprises, Inc.

On July 5, 1994, Maleski, in her capacity as statutory liquidator of Corporate
Life Insurance Company, filed an action against the Company in the Commonwealth
Court of Pennsylvania No. 294 M.D. 1994. That court entered a Default Judgement
on December 28, 1994 against the Company in the amount of $300,000 plus 10%
interest from October 8, 1993, plus attorney's fees and costs. On May 8, 1995, a
suit was filed in the Superior Court of New Jersey, Somerset County, Docket No.
SOM-L-871-95 seeking to enforce the Pennsylvania judgement. On June 7, 1996,
judgement was granted by the New Jersey Court in the amount of $398,884.36 plus
costs and attorney's fees.

On December 29, 2000, the plaintiff agreed to accept a cash settlement in the
sum of $50,000 in complete settlement of the above judgment. On March 21, 2001,
the settlement agreement was amended to allow the $50,000 to be paid in
installments.

                                        4

<PAGE>

ITEM 4.       SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Pursuant to a Resolution of the Board of Directors of the Company adopted by
unanimous consent on October 27, 2000 and the consent of the Company's majority
shareholder, World Alliance Consulting, Inc., dated October 27, 2000, the
Company filed a Certificate of Amendment of its Certificate of Incorporation
with the State of Delaware on November 1, 2000, wherein the name of the Company
was changed from "Professional Wrestling Alliance Corporation" to "TRSG
Corporation."

Pursuant to a Resolution of the Board of Directors of the Company adopted by
unanimous consent on October 30, 2000 and the consent of the Company's majority
shareholder, World Alliance Consulting, Inc., dated October 30, 2000, the
Company authorized a one (1) for twenty (20) reverse split of the Company's
$0.001par value common voting stock. Shareholders received one (1) post-split
share of the Company's $0.001 par value common stock for every twenty (20)
pre-split shares of the Company's $0.001 par value common stock.

No other matters were submitted to shareholders of the Company during the last
quarter of the fiscal year ended December 31, 2000.

                                     PART II

ITEM 5.       MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

The Company's Common Stock is traded on the Over The Counter Bulletin Board
(OTC.BB) under the symbol "TSGO". (1)

The table below sets forth the high and low sales prices for the Company's
Common Stock for each quarter of 1999, and 2000. The quotations below reflect
inter-dealer prices, without retail mark-up, mark-down or commission and may not
represent actual transactions:


               Quarter           High              Low
               -------           ----              ---
1999(2)        First             N/A               N/A
               Second            $0.53125          $0.125
               Third             $0.125            $0.0625
               Fourth(3)         $2.25             $0.0625

(footnote)----------------------
(1) The Company, prior to changing its name to TRSG Corporation,  traded under
the symbol "PWAA" on the OTC BB.

(2) The Company was inactive  during the first quarter of 1999  consequently,
the price of the Company's stock for this period is not available.

(3) During the fourth quarter of 1999, the company  changed its name and trading
symbol  from  Jutland  Enterprises  Inc.,  trading  under the  symbol  "JUTL" to
Professional Wrestling Alliance Corporation, trading under the symbol "PWAA."

<PAGE>


               Quarter           High              Low
               -------           ----              ---
2000           First             $1.75             $0.7525
----
               Second            $0.625            $0.2188
               Third             $0.5312           $0.1875
               Fourth(4)         $8.75             $0.624
2001           First             $3.125            $0.9375

Shareholders

As of April 9, 2001, there were 1,226 shareholders of record holding a total of
17,212,946 shares of common stock.

Dividends on the Common Stock

The Company has not declared a cash dividend on its common stock in the last two
fiscal years and the Company does not anticipate the payment of future
dividends. The Company may not pay dividends on its common stock without first
paying dividends on its preferred stock. There are no other restrictions that
currently limit the Company's ability to pay dividends on its common stock other
than those generally imposed by applicable state law.

Preferred Stock

The Company is authorized to issue preferred stock up to 5,000,000 preferred
shares, $.001 par value however, there are no preferred shares of the Company's
stock issued and outstanding at this time.

Recent Sales of Unregistered Securities

The following is a list of all unregistered securities sold by the Company
within the period covered by this report except those sales previously reported
in the Company's 10Q-SB's. Included, where applicable, is the identity of the
person who purchased the securities, title of the securities, and the date sold.

On February, 26, 2000, the Company authorized the issuance of 1,200,000 shares
of its common stock to Oasis International Hotel & Casino, Inc., in
consideration of the Company's purchase of Oasis Fields, Inc., L.L.C. pursuant
to section 4(2) of the Securities Act of 1933 in an isolated private transaction
by the Company which did not involve a public offering. The Company made this
offering based on the following factors: (1) The issuance was an isolated
private transaction by the Company which did not involve a public offering,
being made to one corporation for the purchase of property; (2) there was only
one offeree who were issued stock for real property; (3) the offeree has not
resold the stock but has continued to hold it since the date of issue; (4) there

(footnote)----------------------

(4)Numbers  for the fourth  quarter  are  adjusted to reflect a 1 for 20 reverse
split which  occurred  effective  November  16, 2000.  In November of 2000,  the
Company  changed its name to TRSG  Corporation,  and its trading  symbol changed
from "PWAA" to "TSGO."

                                        5

<PAGE>

were no subsequent or contemporaneous public offerings of the stock; (5) the
stock was not broken down into smaller denominations; and (6) the negotiations
for the sale of the stock took place directly between the offeree and the
Company.

ITEM 6.       MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Plan of Operations

The Company's plan of operation for the coming year discussed above, is to
acquire the business of Gateway Distributors, Ltd. pursuant to the Agreement of
October 12, 2000. The Company believes it may be necessary to raise additional
capital in order for the Company to successfully operate the business of Gateway
upon its acquisition by the Company. Since the Closing has only recently
occurred, it is impossible to accurately predict whether additional capital will
be needed to operate the business to be acquired from Gateway. However, should
additional capital be required, the Company anticipates that its shareholders,
affiliates, and consultants will assist in efforts to raise additional funding
to carry out the operation of the Gateway business through the 2001 fiscal year.
However, there can be no assurance that this expectation will be fully realized.

Since entering into the Gateway acquisition, the Company does not anticipate
spending any significant money on research and development activities, or for
the purchase of plant and equipment.

Results of Operations

Sales

The Company has not generated any revenues from operations for the periods
covered by this 10-KSB.

Losses/Gains

Net gains for the year ended December 31, 2000, increased to $37,519 from a net
loss of $340,444 for the year ended December 31, 1999, an increase of 111%. The
net gains were attributable to the elimination of $205,000 in debt and to the
Company's reduced expenses due to a lack of any substantial business activity
during the year ended December 31, 2000.

Expenses

Selling, general and administrative expenses for the year ended December 31,
2000, decreased to $122,577 from $287,063 for the year ended December 31, 1999.
The substantial decrease in selling general and administrative expenses were the
result of the Company's lack of business activity.

Depreciation and amortization expenses for the years ended December 31, 2000,
and December 31, 1999, were $0 and $0 respectively.

Liquidity and Capital Resources

Cash used by operations were $41,471 for the year ended December 31, 2000, and
$43,529 for the year ended December 31, 1999.

                                        6

<PAGE>



Cash flow generated from financing activities was $25,000 for the year ended
December 31, 2000, and $60,000 for the year ended December 31, 1999.

Capital Expenditures

The Company made no significant capital expenditures on property or equipment
over the periods covered by this report.

Income Tax Expense (Benefit)

The Company's income tax benefits are limited to the loss sustained in 1999 due
to the change of management.

Impact of Inflation

The Company believes that inflation has had a negligible effect on operations
over the past three years. The Company believes that it can offset inflationary
increases in the cost of materials and labor by increasing sales and improving
operating efficiencies

ITEM 7.       FINANCIAL STATEMENTS

The Company's financial statements for the fiscal year ended December 31, 2000,
and 1999 are attached hereto as pages F-1 through F-10.



                                        7

<PAGE>







                          INDEX TO FINANCIAL STATEMENTS

   Audited Financial Statements for the years ended December 31, 1999 and 1998

Independent Auditor's Report.................................................F-1

Balance Sheets...............................................................F-2

Statements of Income and Expenses............................................F-3

Statements of Shareholders' Equity...........................................F-4

Statements of Cash Flows.....................................................F-5

Notes to Financial Statements................................................F-6









<PAGE>


                    (Letterhead of Sellers & Associates, P.C)
               785 Harrison Blvd., Suite 101 - Ogden, Utah 84403


                          Independent Auditors' Report


To:  Board of Directors
     TRSG CORPORATION
     Las Vegas, Nevada

We have audited the accompanying balance sheets of TRSG Corporation (a Delaware
corporation), as of December 31, 2000 and 1999 and the related statements of
operations, shareholders' equity (deficit), and cash flows for each of the two
years then ended. These financial statements are the responsibility of the
Company's management. Our responsibility is to express an opinion on these
financial statements based on our audit.

We conducted our audits in accordance with generally accepted auditing standards
in the United States of America. These standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatements. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe our audits provide a reasonable
basis for our opinion.

In our opinion, the financial statements referred to in the first paragraph
above present fairly, in all material respects, the financial position of TRSG
Corporation as of December 31, 2000 and 1999 and the results of its operations
and cash flows for each of the two years then ended in conformity with generally
accepted accounting principles in the United States of America.

The accompanying financial statements have been presented assuming the Company
will continue as a going concern. As discussed in the notes to the financial
statements, the Company has changed ownership and control and has had little
other business activity, which raises substantial doubt about its ability to
continue as a going concern. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty. However,
management believes events subsequent to December 31, 2001 have resolved its
going concern issues. Refer to Notes 7 and 8.



 /s/ Sellers & Associates, PC
-------------------------------
Sellers & Associates, P.C.
April 6, 2001
Ogden, Utah


                                       F-1

<PAGE>
                                TRSG CORPORATION
                                 Balance Sheets
                               As of December 31,
<TABLE>
<CAPTION>

                                                        ASSETS
                                                                  2000                      1999
                                                            --------------           -------------
<S>                                                         <C>                      <C>
Current Assets
        Cash                                                 $         -              $    16,471
Total Current Assets                                         $         -              $    16,471
                                                            --------------           -------------
Total Assets                                                 $         -              $    16,471
                                                            ==============           =============

                       LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)

Current Liabilities
          Accounts Payable                                    $    10,290             $    38,534
          Judgement Payable                                       618,970                 574,066
          Convertible Notes Payable                                    -                  205,000
                                                           --------------           -------------
          Total Current Liabilities                               629,260                 817,600
                                                           --------------           -------------

Long-Term Liabilities                                                  -                       -
                                                           --------------           -------------
          Total Liabilities                                   $   629,260              $  817,600
                                                           --------------           -------------
Contingencies                                                          -                      -
Shareholders' Equity (Deficit)                                         -                      -
                                                           --------------           -------------
      Preferred Stock, $0.001 par value, authorized
      5,000,000 shares, none issued and outstanding.                   -                      -

      Common Stock, $0.001 par value, authorized
      200,000,000 shares, and 2,368,988 and 3,449,697
      issued and outstanding as of  December 31, 2000
      and 1999.                                                   2,369                   3,450

      Additional Paid-In Capital                                200,975                  65,544

      Retained Earnings (Deficit)                              (832,604)               (870,123)
                                                          --------------           -------------
           Net Shareholders' Equity (Deficit)                  (629,260)               (801,129)
                                                          --------------           -------------
Total Liabilities and Shareholders' Equity (Deficit)         $        -              $   16,471
                                                          ==============           =============
</TABLE>
               See Accompanying Notes to the Financial Statements


                                       F-2

<PAGE>




                                TRSG CORPORATION
                        Statements of Income and Expenses
                        For the Years Ended December 31,

<TABLE>
<S>                                                                 <C>                   <C>
                                                                            2000               1999
                                                                     ------------------    ---------------
Revenues                                                             $                -    $           -
                                                                     ------------------    ---------------
Expenses
     General & Administrative Expense                                           122,577           287,063
     Debt Elimination                                                          (205,000)               -
     Interest Expense                                                            44,904            53,381
                                                                     ------------------   ----------------

Net Income (Loss) Before Income Taxes                                            37,519          (340,444)

Provision for Income Taxes                                                            -                -
                                                                     ------------------   ----------------

Net Income (Loss)                                                    $           37,519    $     (340,444)
                                                                     ==================    ===============



Basic Earnings (Loss) per Share                                      $             0.01    $        (0.22)
                                                                     ==================    ===============

Basic Weighted Average Shares Outstanding During the
Period                                                                        3,018,336         1,564,262
                                                                     ==================    ===============

Dilutive Earnings (Loss) per Share                                   $             0.01    $        (0.22)
                                                                     ==================    ===============

Weighted Dilutive Average Shares Outstanding During the
Period                                                                        3,130,235         1,564,262
                                                                     ==================    ===============
</TABLE>

                 See Accompanying Notes to Financial Statements



                                                        F-3

<PAGE>



                                TRSG CORPORATION
                       Statements of Shareholders' Equity
                 For the Years Ended December 31, 2000 and 1999
<TABLE>
<CAPTION>
                                                                                      Additional
                                                                                       Paid-In-        Accumulated
                                  Preferred Stock               Common Stock           Capital            (Deficit)          Total
                               ---------------------    --------------------------   ------------    -----------------      --------
                               Shares         Amount        Shares       Amount

                               ---------  -----------    ----------   ------------
<S>                           <C>        <C>            <C>          <C>             <C>             <C>               <C>
Balance as of December 31,
1998                                -       $      -        449,697     $      450    $    8,544      $    (529,679)    $  (520,685)

Issuance of Stock                   -              -      3,000,000          3,000        57,000                  -          60,000

Net (Loss) for the year
ended December 31, 1999             -              -              -              -             -           (340,444)       (340,444)
                             ----------  ------------   -----------  -------------   ------------    ---------------   -------------

Balance as of December 31,          -              -      3,449,697          3,450        65,544           (870,123)       (801,129)
1999

Issuance of Stock                   -              -        116,791            117        60,874                  -          60,991

Sale of subsidiary
Professional Wrestling
Alliance, Inc.                      -              -     (1,257,500)        (1,258)       42,442                  -          41,184

Purchase and sale of Oasis          -              -         60,000             60        32,115                  -          32,175
Fields, LLC

Net income for the year
ended December 31, 2000             -              -              -              -             -             37,519          37,519

                                    -      $       -      2,368,988      $   2,369    $  200,975      $    (832,604)    $  (629,260)
                             ===========  ===========   ============    ===========   ===========      =============    ============
</TABLE>

                 See Accompanying Notes to Financial Statements

                                       F-4

<PAGE>

                                TRSG CORPORATION
                            Statements of Cash Flows
                        For the Years Ended December 31,
<TABLE>
<CAPTION>

                                                                                      2000                  1999
                                                                               ------------------    ------------------
<S>                                                                           <C>                   <C>
CASH FLOWS FROM OPERATING ACTIVITIES
   Net Income (Loss)                                                           $            37,51    $       (340,444)
                                                                               ------------------    ------------------
   Adjustments to reconcile Net Income to Cash Flows from Operating Activities:
       Services for Stock                                                                  35,991                 -
       Services for Oasis Fields, LLC                                                      32,175                 -
       Divestiture of Professional Wrestling Alliance, Inc.                                41,184                 -
       (Decrease) Increase in Accounts Payable                                            (28,244)             38,534
       (Decrease) Increase in Convertible Notes Payable                                  (205,000)            205,000
       Increase  in Judgement Payable                                                      44,904              53,381
                                                                               ------------------    ------------------
    Total Adjustments                                                                     (78,990)            296,915
                                                                               ------------------    ------------------
    Net Cash Provided (Used) by Operating Activities                                      (41,471)            (43,529)
                                                                               ------------------    ------------------

CASH FLOWS FROM INVESTING ACTIVITIES
    Net Cash (Used) by Investing Activities                                                    -                  -
                                                                               ------------------    ------------------

CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of Common Stock                                                                   25,000              60,000
                                                                               ------------------    ------------------
    Net Cash Provided (Used) by Financing Activities                                       25,000              60,000
                                                                               ------------------    ------------------

Increase in Cash and Cash Equivalents                                                     (16,471)             16,471
Cash at the Beginning of the Year                                                          16,471                  -
                                                                               ------------------    ------------------
Cash at End of the Year                                                        $               -      $        16,471
                                                                               ==================    ==================

SUPPLEMENTARY CASH FLOW INFORMATION
    Interest Paid With Cash                                                    $               -      $           -
                                                                               ==================    ==================
NON CASH ACTIVITY
    Stock for Purchase of Oasis Fields, LLC                                    $            32,17     $           -
    Stock for Services                                                                     35,991                 -
    Elimination Convertible Notes Payable                                                 205,000                 -
    Sale of Oasis Fields, LLC for Services                                                 32,175                 -
    Sale of Professional Wrestling Alliances, Inc.                                         41,184                 -

</TABLE>
               See Accompanying Notes to the Financial Statements


                                       F-5

<PAGE>



                                TRSG CORPORATION
                          Notes to Financial Statements
                                December 31, 2000

NOTE 1 - Organization and Nature of Business

TRSG Corporation (the "Company") was incorporated January 11, 1988 under the
laws of the State of Delaware, under the name of Jutland Enterprises, Inc. On
September 28, 1989 it amended its articles of incorporation and changed its name
to Treats Enterprises, Inc. On November 19, 1992 its name was changed back to
Jutland Enterprises, Inc. On November 19, 1999, the Company's name changed to
Professional Wrestling Alliance Corporation. On November 1, 2000 the Company's
name changed to TRSG Corporation.

The Company in late 1999 and early 2000 was actively developing sponsorships in
selected sporting events, such as women's wrestling. The Company was known then
as Professional Wrestling Alliance Corporation. Undercapitalization stopped the
process and no revenue was received. Management at the time took with it the
emerging operations and spun them out of the Company. Prior management took back
the control of the Company. In the meantime the Company had acquired an LLC
owning raw land. The raw land, located in Nevada, is located and zoned for
gaming development and operation. Management divested itself of the LLC and once
again became a "shell corporation."

The Company, now without operations, negotiated an acquisition of all of the
assets and the operations of Gateway Distributors Inc. and its operations in
exchange for 85% of the stock of the Company. This agreement took affect
subsequent to December 31, 2000 on January 10, 2001. Refer to Note 8, Subsequent
Events. Meanwhile, the Company was name changed to its current name, TRSG
Corporation.

Prior to 1999 the Company was inactive and without a business purpose. It was
reactivated and listed on the OTC-BB. With the recent name change it is now
listed on the OTC-BB as "TSGO."


NOTE 2 - Summary of Significant Accounting Policies

Basis of  Presentation

TRSG prepares its books and records on the accrual basis for financial reporting
in conformity with generally accepted accounting principles in the United States
of America. The accompanying financial statements represent the transactions for
the fiscal years ending December 31, 2000 and 1999.

Acquisition and Sale of Subsidiaries

On November 23, 1999, the Company acquired all of the common stock of The
Professional Wrestling Alliance, Inc. (TPWAI), a Nevada corporation. No asset is
recognized on the financial statements for this acquisition. The only asset
acquired was a concept. Management has taken the position to recognize no value
for the concept, an otherwise intangible asset.

On July 27, 2000 the Company in a separation agreement sold all of TPWAI back to
the former owners of TPWAI. In the same separation agreement all of the stock in
the Company owned by the former owners of TPWAI was bought back by the Company
and canceled. Any consulting agreements between the Company and TPWAI were
terminated, as was the consulting agreement with Hudson Consulting, Inc. New
management of the Company was also appointed.

                                       F-6

<PAGE>

                                TRSG CORPORATION
                          Notes to Financial Statements
                                December 31, 2000

NOTE 2 - Summary of Significant Accounting Policies - continued

On March 25, 2000 the Company acquired all of Oasis Fields, LLC for stock and a
note payable convertible for common stock. On November 11, 2000 the Company
divested itself of all of Oasis Fields, LLC in exchange for services rendered
and the cancellation of the note payable convertible for common stock.

Use of Accounting Estimates

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.

Impairment of  Long-Lived Assets

It is the Company's policy to periodically evaluate the economic recover ability
of all of its long-lived assets. In accordance with that policy, when the
Company determines that an asset has been impaired, it recognizes the loss on
the basis of the discounted future cash flows expected from the asset.

Fair Value of Financial Instruments

The methods and assumptions used to estimate the fair value of each class of
financial instrument are as follows: Cash and cash equivalents, receivables,
accounts and judgements payable, due to shareholder: The carrying amounts
approximate fair value because of the short maturity of these instruments.

Revenue Recognition

Revenue is recognized from sales and services when they are performed.

Income Taxes

The Company has adopted the provisions of statements of Financial Accounting
Standards No. 109, "Accounting for Income Taxes," which incorporates the use of
the asset and liability approach of accounting for income taxes. The asset and
liability approach requires the recognition of deferred tax assets and liability
for the expected future consequences of temporary differences between the
financial reporting basis and tax basis of assets and liabilities.

The Company has not filed income tax returns for several years. With the prior
net operating losses carried forward , management is of the opinion little or no
income taxes are due.

On November 23, 1999, the Company underwent an ownership change as defined in
Section 382 of the Internal Revenue Code. Consequently, management believes the
net operating loss carry forwards are lost. Therefore, no recognition of any net
operating loss carry forwards are reflected in these financial statements.


                                       F-7

<PAGE>

                                TRSG CORPORATION
                          Notes to Financial Statements
                                December 31, 2000

NOTE 2 - Summary of Significant Accounting Policies - continued
Statement of Cash Flows

For purpose of the statement of cash flows, the Company considers all highly
liquid investments with a maturity of three months or less to be cash
equivalents.

Net Income (Loss) Per Share

Basic net income or (loss) per share is computed by dividing net income or
(loss) by the weighted average number of common shares outstanding.


NOTE 3 - Liabilities and Judgements

Management has reconstructed the financial position of the Company. Management
concludes there are no assets in the Company. Management also researched and
sought to identify any liabilities and judgements the Company may owe. The only
reportable liability management could identify is a judgement in Pennsylvania
and later confirmed in New Jersey, Corporate Life Insurance Company. The
judgement in New Jersey was on August 13, 1996 for $398,384 plus interest, legal
and other costs thereafter. Amount due on judgement is:

                  December 31, 2000         $618,970

                  December 31, 1999         $574,066

In January 2001 the Company entered into an agreement to settle this judgement
for $50,000. Refer to Note 7, Subsequent Events.


NOTE 4 - Contingencies

Management strived to identify any and all liabilities due by the Company. The
only identifiable liability management located is a judgement as discussed in
Note 2 - Liabilities and Judgements. However, previous management thought there
may be additional liabilities not to exceed $100,000, but was not able to
identify anything.

Nothing came up in the search by past management either. Consequently, no other
debt besides the judgement as noted in Note 2 is recognized in the financial
statements, even though others may surface later on. Management is of the
opinion state and local laws will stop other possible debts and law suits from
being liable to the Company.

                                       F-8

<PAGE>


                                TRSG CORPORATION
                          Notes to Financial Statements
                                December 31, 2000

NOTE 5 - Reclassification of Shareholders' Equity

The Company restructured its equity section of the balance sheet as approved by
the shareholders in September, 1997. Management reduced preferred stock to zero,
as it could not identify or verify any outstanding preferred stock. Additional
paid in capital was offset against retained earnings (deficit).

The Company also canceled the 4,000,000 shares of treasury stock as part of the
restructuring of equity. All reclassifications are retroactively reported in the
financial statements as of December 31, 1997.

During 2000 an additional 5,100,000 shares of stock were identified belonging to
1997 and before. This is 250,000 shares after the 20 for 1 share reverse stock
split in 2000. The financial statements were restated to recognize this as of
December 31, 1998.

NOTE 6 - Common Stock

The Company is authorized to issue up to 200,000,000 shares of common stock, par
value $0.001 and 5,000,000 shares of preferred stock, par value $0.001.

On October 30, 2000 the Company did a reverse stock split of 20 shares for 1
share. The financial statements have reflected this change retroactively to
December 31, 1998. As of December 31, 2000 there are 2,368,988 shares
outstanding.

On July 27, 2000 the Company divested itself of its subsidiary, The Professional
Wrestling Alliance, Inc. (TPWAI). The Company bought back the 1,257,500 shares
of stock involved in the acquisition of TPWAI and canceled the 1,257,500 shares
of stock.

On March 25, 2000 the Company purchased Oasis Fields, LLC for 60,000 shares of
stock. On November 30, 2000 the Company sold the assets of Oasis Fields, LLC to
World Alliance Consulting (WAC) in lieu of $10,000 in services provided. The
Company also turned over the entity Oasis Fields, LLC to WAC. These sales
transactions are combined and reported net in the financial statements as one
transaction.

NOTE 7 - Going Concern Considerations

The accompanying financial statements have been prepared in conformity with
generally accepted accounting principles in the United States of America, which
contemplate continuation of the Company as a going concern. The Company
continues to have a negative equity position and at December 31, 2000 it has no
assets.

Management is actively taking steps necessary to ensure the Company remains a
going concern. Subsequent to December 31, 2000 the Company successfully
negotiated a settlement of the $618,970 judgement against it for a payment of
$50,000. The $50,000 has not yet been paid. The Company also acquired all of the
assets and operations of Gateway Distributors, Inc.(Distributors). With the
anticipated positive cash flow from the revenue infusion through the acquisition
of assets and operations from Distributors and the forgiveness of debt
anticipated in the judgement settlement, management believes the

                                       F-9

<PAGE>

                                TRSG CORPORATION
                          Notes to Financial Statements
                                December 31, 2000

Company has resolved its going concern issues.  See Note 8.

NOTE 8 - Subsequent Events

On December 29, 2000 the Company settled the judgement against it of $681,970
for $50,000 contingent on a satisfactory payment schedule. On March 21, 2001 a
satisfactory payment schedule was drafted, pending final approval whereby the
Company can pay $50,000 and receive full relief of the $681,970 debt judgement
reported on these financial statements.

On January 11, 2001 the Company acquired all of the assets and operations of
Gateway Distributors, Inc. (Distributors) and none of its liabilities in
exchange for 85% of the stock of the Company. Management believes regular
ongoing revenues coming from this business combination will provide positive
cash flows.

On December 28, 2000 the Company authorized to issue effective December 28,
2000, 13,448,660 shares of capital stock (post reverse stock split) to Gateway
Distributors Inc. (Distributors) which is to be held by the Company until
closing. Since the closing occurred January 11, 2001 this stock issue is not
recognized in the financial statements as of December 31, 2000.

On January 11, 2001, the Company authorized the release of the balance due in
cash as well as estimated stock that will be issued the Hudson Consulting Group
(Hudson) consulting contract. It is estimated the contract will work out to pay
$350,000 in cash and 500,000 shares of Company stock to Hudson on the contract.
The contract was completed January 11, 2001. Pending receipt of the full
$350,000 in cash, the Company has authorized Hudson to hold as security the
13,448,660 shares authorized to issue to Distributors.

On January 11, 2001 Richard Bailey, President of the Company, was also appointed
as a director of the Company.

On March 14, 2001 the Company filed an 8-K announcing a stock sale agreement
with Prominent Management Ltd, British Virgin Islands.






                                      F-10

<PAGE>

ITEM 8.           CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
                  ACCOUNTING AND FINANCIAL DISCLOSURE

On February 13, 2001, the Company engaged Perrin, Fordree & Company as the
principal accountant engaged to audit the Company's financial statements for all
periods subsequent to December 31, 2000. The Company's board of directors
approved the engagement of Perrin, Fordree & Company as the principal accountant
for the Company.

                                    PART III

ITEM  9.          DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
                  PERSONS;  COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT


Name                             Age                Position
Richard Bailey                   43                 President, CEO, and Director
Gisela Tippetts                  34                 Director
David Michael Wolfson            21                 Director
Bonnie Jean Tippetts             59                 Director

Richard A. Bailey, Age 43, has served as Chief Executive Officer, and President
of the Company since September, 2000. On January 11, 2001, he was appointed a
Director of the Company. In 1981, Mr. Bailey purchased a small, local mobile
wash company in North Las Vegas, Nevada. He expanded operations to include
aviation services, growing the company from two employees in 1981 to in excess
of three hundred by 1988. He served as president of the business as it grew to
$7,000,000 a year in revenue, operating in twenty-seven cities throughout the
United States. In 1990, Mr. Bailey became involved in the network
marketing/direct selling business. In 1997, Mr. Bailey elected to sell the
aviation company to International Total Services in order to devote one hundred
percent of his time to Gateway Distributors, Ltd. the network marketing Company.
Mr. Bailey also serves as President and a Director of Gateway Distributors,
Ltd., which is a publically traded company

Gisela Tippetts, Age 34, was appointed a Director of the Company on August 8,
2000. Ms. Tippetts is currently employed full time as a technical drafting clerk
for World Alliance Consulting group, Inc. where she has worked since June of
2000. Prior to this time she was employed in a similar capacity at Canton
Financial Services from April 1999 until June, 2000. From 1990 until 1999, Ms.
Tippetts was a student at Salt Lake Community college and from 1995 to the
present has worked part time and as a volunteer physical therapist.

BonnieJean Tippetts, Age 59, was appointed a Director of the Company on August
8, 2000. Ms. Tippetts has served as President of World Alliance Consulting
Group, formerly A-Z Professional Consultants, since 1997. From 1992 to June
2000, she worked as an Executive Assistant at Canton Financial Services. Ms.
Tippetts has a Bachelors Degree in Interior Design from Lewis and Clark College
and a Masters of Vocational Home Economics from the University of Northern
Colorado.

David Michael Wolfson, age 21, was appointed a Director of the Company on August
8, 2000. Mr. Wolfson is currently the owner and Managing Member of David
Michael, LLC, a business consulting firm based in Salt Lake City, Utah. Mr.
Wolfson earned a Bachelor of Arts degree from Emory University in Atlanta,
Georgia in 1999.

                                       11

<PAGE>

ITEM  10.         EXECUTIVE COMPENSATION

Executive Compensation

No compensation in excess of $100,000 was awarded to, earned by, or paid to any
executive officer of the Company during the years 2000 and 1999. The following
table provides summary information for each of the last three fiscal years
concerning cash and non-cash compensation paid or accrued by the Company to or
on behalf of the president and the only other employee(s) to receive
compensation in excess of $100,000.

                           SUMMARY COMPENSATION TABLE
<TABLE>
<CAPTION>
                                           Annual Compensation                               Long Term Compensation
                                 ---------------------------------------   ---------------------------------------------------------
                                                                                     Awards                         Payouts
                                                                           ---------------------------- ----------------------------
<S>                     <C>      <C>        <C>         <C>               <C>            <C>             <C>           <C>

       Name and          Year     Salary     Bonus       Other Annual      Restricted     Securities        LTIP          All Other
  Principal Position                                     Compensation         Stock       Underlying      payouts       Compensation
                                                                            Award(s)        Options
                                                                                            SARs(#)
  Richard A. Bailey,     2000        -         -               -                -              -             -                -
    CEO; President       1999        -         -               -                -              -             -                -

  Richard D. Surber,     2000        -         -               -                -              -             -                -
    CEO; Director        1999        -         -               -            800,000(5)         -             -                -
   Barry Vichnick,       2000        -         -               -                -              -             -                -
    CEO; Director        1999        -         -               -                -              -             -                -
---------------------- --------- --------- ----------  -----------------  ------------- --------------- ------------  --------------
</TABLE>

Compensation of Directors

The Company's directors are not compensated for any meeting of the board of
directors which they attend.

ITEM 11.          SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
                  MANAGEMENT

The following table sets forth, as of March 31, 2001 the number and percentage
of outstanding shares of common stock which, according to the information
supplied to the Company, were beneficially owned by (i) each current director of
the Company, (ii) each current executive officer of the Company, (iii) all
current directors and executive officers of the Company as a group, and (iv)
each person who, to the knowledge of the Company, is the beneficial owner of
more than 5% of the Company's outstanding common stock. Except as otherwise
indicated, the persons named in the table below have sole voting and dispositive
power with respect to all shares beneficially owned, subject to community
property laws (where applicable).

(footnote)-----------------------

(5) Pre split shares. After the 1 for 20 reverse split, these shares converted
into 40,000 shares.

                                                          12

<PAGE>

<TABLE>
<S><C>                   <C>                                         <C>                              <C>

   Title of Class         Name and Address of Beneficial              Amount and nature of             Percent of Class
                                    Ownership                         Beneficial Ownership
       Common                    Richard Bailey(6)                         13,448,660                       78.13%
       Stock                 500 East Cheyenne Avenue
                          North Las Vegas, Nevada 89030
       Common                  BonnieJean Tippetts(7)                        766,417
       Stock                   1122 West 1185 North                                                         4.45%
                              Farmington, Utah 84025
       Common                     David Wolfson                                 0                             0%
       Stock                3809 South West Temple #1D
                            Salt Lake City, Utah 84115
       Common                    Gisela Tippetts                                0                             0%
       Stock                   1122 West 1185 North
                              Farmington, Utah 84025
       Common                   Richard D. Surber(8)                        2,875,109                       16.45%
       Stock              268 West 400 South, Suite 300
                            Salt Lake City, Utah 84101
       Common             Hudson Consulting Group, Inc.(9)                  2,775,003                       16.12%
       Stock              268 West 400 South, Suite 300
                            Salt Lake City, Utah 84101
       Common             Gateway Distributors, Ltd.500                    13,448,660                       78.13%
       Stock                   East Cheyenne Avenue
                          North Las Vegas, Nevada 89030
       Common               All Executive Officers and                     14,215,077                       82.58%
       Stock                   Directors as a Group
</TABLE>


ITEM 12.          CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

On November 17, 1999, the Company issued 5,000,000 pre-split shares of its
common stock to Hudson in exchange for advisory/consulting services rendered to
the shareholders of PWA, a former subsidiary of the Company, in connection with
the acquisition of PWA by the Company. Hudson owns 775,003 shares of the
Company's common stock and holds 2,000,000 shares of the Company's stock owned


(footnote)-----------------------
(6) Shares are  attributed to Mr.  Bailey as president of Gateway  Distributors,
Ltd.,  which  corporation  is the owner of 13,448,660  shares.  2,000,000 of the
13,488,660 shares have been pledged to Hudson Consulting Group, Inc. to secure a
$350,000 loan.

(7) 766,416 shares are attributed to Ms. Tippetts as president of World Alliance
Consulting, Inc.

(8) Mr. Surber owns 46,106 shares.  2,829,003 shares are beneficially attributed
to Mr.  Surber from shares  owned by Oasis  International  Hotel & Casino,  Inc.
(54,000) shares and Hudson Consulting Group, Inc. (2,775,003).

(9) Hudson owns 775,003 shares.  2,000,000 shares are beneficially attributed to
Hudson because they have been pledged to Hudson by Gateway Distributors, Ltd. to
secure a loan of $350,000.

                                       13

<PAGE>

by Gateway as collateral for a $350,000 note owed to Hudson by Gateway.

On March 25, 2000, the Company, acquired approximately 2.145 acres of raw land
located in Elko County, Nevada through the purchase of Oasis Fields, L.L.C., for
1,200,000 pre-split (60,000 post-split) shares of the Company's common stock
that was issued to Oasis International Hotel & Casino, Inc., which is a sibling
corporation to Hudson on the direction of the owner. Mel Fields was the sole
shareholder and 100% owner of Oasis Fields, L.L.C. prior to this transaction. On
November 30, 2000, the Company transferred its total interest in Oasis Fields
L.L.C. to World as payment for consulting services provided to the Company by
World.

ITEM 13.          EXHIBITS AND REPORTS ON FORM 8-K

(a)  Exhibits. Exhibits required to be attached by Item 601 of Regulation S-B
     are listed in the Index to Exhibits beginning on page 15 of this Form
     10-KSB, and are incorporated herein by this reference.

(b)  Reports on Form 8-K The following reports on Form 8-K were filed by the
     Company during the last quarter of the year covered by this report:

     1. On October 17, 2000, the Company reported that On October 12, 2000, it
     entered into an Acquisition Agreement with Gateway Distributors, Ltd., a
     Nevada Corporation, wherein the Company agreed to acquire the bulk of
     Gateway's assets and its operating business, in exchange for shares of the
     Company's stock equaling approximately 85% of the issued and outstanding
     shares of the Company. For more information, see Form 8-K filed October 17,
     2000 and incorporated herein by reference.

     2. On October 18, 2000, in an amended Form 8-K, the Company reported that
     the Company had replaced its board of directors by action of a majority
     shareholder and that the Company had divested itself of its majority owned
     subsidiary, The Professional Wrestling Alliance, Inc., a Nevada
     Corporation. For more information, see Form 8-K filed October 18, 2000 and
     incorporated herein by reference.

     3. On November 1, 2000, the Company reported that the Company had changed
     its name to TRSG, Inc. and had carried out a one (1) for twenty (20)
     reverse split of its outstanding shares. For more information, see Form 8-K
     filed November 1, 2000 and incorporated herein by reference.







                                       14

<PAGE>

                                   SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized, this 13th day of April, 2001.

                                TRSG Corporation
                                a Delaware corporation

                                /s/   Richard A. Bailey
                                ---------------------------
                                Name: Richard A. Bailey
                                Title: President, CEO and Director


In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.

Signature                           Title                           Date

/s/ Richard A. Bailey             President / CEO & Director      April 13, 2001
----------------------------
Richard A. Bailey


/s/ Michael Wolfson              Director                        April 13 , 2001
----------------------------
David Michael Wolfson


/s/ BonnieJean Tippett            Director                        April 13, 2001
----------------------------
BonnieJean Tippett


/s/ Gisela Tippetts               Director                        April 13, 2001
----------------------------
Gisela Tippetts


                                       15

<PAGE>



                            DESCRIPTION OF EXHIBITS.

INDEX TO EXHIBITS

Exhibit.    Page
No.          No.     Description

3(i)          *     Articles  of  Incorporation  of  the  Company  (incorporated
                    herein by reference to the Company's Form S-18 as filed with
                    the Securities and Exchange Commission on December 6, 1988).

3(ii)         *      Certificate of Amendment of Certificate of
                     Incorporation of Professional Wrestling Alliance
                     Corporation, filed November 1, 2000 with the State of
                     Delaware. (incorporated herein by reference to the
                     Company's Form 8-K filed with the Securities and
                     Exchange Commission on November 1, 2000) .

3(iii)        *      Bylaws of the Company, as amended (incorporated
                     herein by reference to the Company's Form S-18 as
                     filed with the Securities and Exchange Commission on
                     December 6, 1988).

4(i)          *

                    Form of certificate  evidencing  shares of "Common Stock" in
                    the  Company  (incorporated  herein  by  reference  to  from
                    Exhibit  4(a) to the  Company's  Form S-18 as filed with the
                    Securities and Exchange Commission on December 6, 1988).

3(iii)        *     Certificate  of  Amendment  of  Articles  of   Incorporation
                    Changing the Company's Name From Jutland  Enterprises,  Inc.
                    to   Professional   Wrestling   Alliance   Corporation   and
                    increasing  the number of  authorized  shares of stock dated
                    November 15, 1999.  (Incorporated herein by reference to the
                    Company's  Form 8-K filed with the  Securities  and Exchange
                    Commission on December 3, 1999).

10(i)         *     Stock Acquisition  Agreement between Barry Vichnick,  Pamela
                    Nissen,   Allen   Nelson,   Leland   Stringer   and  Jutland
                    Enterprises,  Inc.  dated  November  23, 1999  (incorporated
                    herein by reference to the Company's Form 8-K filed with the
                    Securities and Exchange Commission on December 3, 1999) .

10(ii)        *     Real Estate Purchase Agreement between Oasis Fields, L.L.C.,
                    as "Buyer",  and Oasis International Hotel & Casio, Inc., as
                    "Seller"  dated  March  24,  1999.  (Incorporated  herein by
                    reference  to the  Company's  Form  10-QSB  filed  with  the
                    Securities and Exchange Commission on May 22, 2000).

10(iii)       *     Bill  of  Sale  dated  March  25,  2000   illustrating   the
                    conveyance of Oasis Fields, L.L.C. to Professional Wrestling
                    Alliance  Corporation.  (Incorporated herein by reference to
                    the  Company's  Form 10-QSB  filed with the  Securities  and
                    Exchange Commission on May 22, 2000).

10(iv)        *     Separation Agreement And Mutual Release dated July 27, 2000,
                    by and between Barry Vichnick,  Allen Nelson, Gary Andersen,
                    Alan Walker, Vaughn Nelson, Professional Wrestling Alliance,
                    Inc.,  Professional  Wrestling  Alliance  Corporation,   and
                    Hudson  Consulting  Group,  Inc.   (incorporated  herein  by
                    reference  to  the  Company's  Form  8-K/A  filed  with  the
                    Securities and Exchange Commission on October 18, 2000) .

                                                    16

<PAGE>



10(v)          *

                    Acquisition Agreement dated October 12, 2000.  (incorporated
                    herein by reference to the Company's Form 8-K filed with the
                    Securities and Exchange Commission on October 17, 2000) .

10(vi)         *    Consulting  Agreement  entered into between TRSG Corporation
                    and Hudson  Consulting  Group,  Inc. dated October 16, 2000.
                    (incorporated  herein by  reference to Form 13D/A filed with
                    the Securities and Exchange Commission on February 26, 2001)
                    .

10(vii)        *    Addendum to  Agreement  dated  October 16, 2000 between TRSG
                    Corporation and Hudson  Consulting Group, Inc. dated January
                    9, 2001.  (incorporated  herein by  reference  to Form 13D/A
                    filed  with  the  Securities  and  Exchange   Commission  on
                    February 26, 2001) .

10(viii)      18    Settlement  Agreement  dated December 29, 2000 in the matter
                    of  Cynthia  M.  Maleski,   Insurance  Commissioner  of  the
                    Commonwealth of Pennsylvania  v. Jutland  Enterprises,  Inc.
                    Amendment to Settlement Agreement dated March 21, 2001.

10(viii)       *    Advisory and  Consulting  Agreement  with David Michael LLC,
                    dated January 10, 2001. (incorporated herein by reference to
                    the  Company's  Form  8-K  filed  with  the  Securities  and
                    Exchange Commission on January 12, 2001) .

10(ix)         *    Addendum  to   Consulting   Agreement,   amending   original
                    agreement  dated  October 6, 2000,  signed  January 9, 2001.
                    (incorporated  herein by reference to the Company's Form 8-K
                    filed with the Securities and Exchange Commission on January
                    12, 2001) .

10(x)          *    Stock   Purchase   Agreement   dated   January   24,   2001.
                    (incorporated  herein by reference to the Company's Form 8-K
                    filed with the Securities  and Exchange  Commission on March
                    14, 2001) .

23            21    Consent Letter of Independent Auditor.

* Incorporated by reference from previous filings of the Company, as noted.




                                       17

<PAGE>



                                Exhibit 10(viii)

             (Letterhead of Wolf, Block, Schorr and Solis-Cohen LLP)
                          1650 Arch Street, 22nd Floor
                             Philadelphia, PA 19103


                                December 29, 2000


Rick Bailey, President
Gateway Distributors, Ltd.
d/b/a The Right Solution
500 East Cheyenne Avenue
North Las Vegas, NV 89030

         RE:      Koken, Insurance Commissioner v. Jutland Enterprises, Inc.
                  Commonwealth Court of Pennsylvania, No 294 M.D. 1994
                  Maleski, Insurance Commissioner v. Jutland Enterprises, Inc.
                  New Jersey Superior Court, No. SOM-L-871-95

Dear Mr. Bailey:

     This is to confirm that our client has agreed to cause the above-two
captioned judgements ("the Judgements") to be satisfied upon the following terms
and conditions:

          1.   On or  before  January  11,  2001,  you shall  provide  me with a
               payment in the amount of $5000;

          2.   On or before  February  10,  2001,  you shall  provide  me with a
               payment in the amount of $5,000;

          3.   On or before March 31, 2001,  you shall provide me with a payment
               in the amount of $40,000;


          4.   All  payments  shall  be  made  by  certified  check  payable  to
               Statutory  Liquidator  of Corporate  Life  Insurance  Company and
               shall be mailed or delivered to me;

          5.   Upon timely receipt of all required  payments as set forth above,
               our client shall cause the Judgement to be satisfied;

          6.   In the even that any  payment is not  received by me on or before
               the  date  it is  due  (with  time  being  of the  essence),  the
               Judgement shall not be satisfied, and our client shall retain all
               monies paid pursuant to this agreement.

         Please signify your agreement with the above terms and conditions by
signing and faxing back to me the enclosed copy of this letter.


                                                          18

<PAGE>



Rick Bailey, President
December 29, 2000
Page 2

                                                 Very truly yours,

                                                 /s/ Gerald Gormsh
                                                 -------------------------------
                                                 Gerald Gormsh
                                    For WOLF, BLOCK, SCHORR, and SOLIS-COHEN LLP


GGjc


AGREED AS ABOVE:

GATEWAY DISTIBUTORS, LTD.,
d/b/a THE RIGHT SOLUTION


By: /s/Rick Bailey
   -------------------------
     Rick Bailey, President


                                                          19

<PAGE>



                (Letterhead of Pennsylvania Insurance Department)
                           Capitol Associates Building
                              901 North 7th Street
                              Harrisburg, PA 17102

                                 March 30, 2001

Via Fax and First Class Mail
Rick Bailey, President
Gateway Distributors, LTD.
d/b/a The Right Solution
500 East Cheyenne Avenue
North Las Vegas, NV 89030

         RE:      Koken, Insurance Commissioner v. Jutland Enterprises, Inc.
                  Commonwealth Court of Pennsylvania, No 294 M.D. 1994
                  Maleski, Insurance Commissioner v. Jutland Enterprises, Inc.
                  New Jersey Superior Court, No. SOM-L-871-95





Dear Mr. Bailey:

         This will confirm our conversation on March 28, 2001, in which you
agreed to wire $10,000 to the Statutory Liquidator of Corporate Life Insurance
Company's (the "Statutory Liquidator") account in keeping with prior wire
instructions provided to you, by the end of this month. You further agreed that
the remaining balance of $30,000, in keeping with the final payment envisioned
in the December 29, 2000, letter agreement (the "Letter Agreement"), would be
wired to the aforementioned account by April 30, 2001. In keeping with the
Letter Agreement, in the event these payments are not received in the Statutory
Liquidator's account on or before the due dates, the above two captioned
judgements will not be satisfied, and the Statutory Liquidator will retain the
monies that you have already paid. Should these final two payments be timely
received, the Statutory Liquidator will cause the aforementioned judgements to
be satisfied as contemplated under the Letter Agreement.

         I will attempt to identify the appropriate tax identification number
for Jutland, as you requested. If I am able to find same, I will advise you
accordingly.


                                             Very truly yours,
                                             /s/ Preston M. Buckman
                                             -------------------------------
                                             Preston M. Buckman
                                             Special Funds Counsel

PMB:jac
cc: Al Braslow, Wolf, Block


                                       20

<PAGE>


Exhibit 23

                    (Letterhead of Sellers & Associates, P.C)
                785 Harrison Blvd., Suite 101 - Ogden, Utah 84403





                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS




We hereby consent to the use of our report dated April 6, 2001, in this
registration statement on Form 10-KSB for TSRG Corporation.



/s/ Sellers & Associates, PC
---------------------------------------
Sellers & Associates, P.C.
April 11, 2001
Ogden, Utah


                                       21