United States Securities and Exchange Commission
                         Washington, D. C.  20549


                                FORM 10-QSB


[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     For the quarterly period ended December 31, 2003

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

     For the transition period from                to
                                    --------------    ---------------


                       Commission File No. 333-88810


                        LONE MOOSE ADVENTURES, INC.
                        ---------------------------
      (Exact Name of Small Business Issuer as specified in its Charter)


           NEVADA                                       87-0686721
           ------                                       ----------
   (State or Other Jurisdiction of                (I.R.S. Employer I.D. No.)
    incorporation or organization)

                          1438 East 8850 South
                            Sandy, Utah 84093
                            -----------------
                 (Address of Principal Executive Offices)

                Issuer's Telephone Number:  (801) 566-2658


             APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                PROCEEDINGS DURING THE PRECEDING FIVE YEARS

                              Not applicable.

Check whether the Registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court.

     Yes       No
         ---     ---

                   APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the Registrant's classes of
common stock, as of the latest practicable date:

                            December 31, 2003

                                 644,400
                                 -------


Transitional Small Business Disclosure Format:  Yes X   No
<PAGE>
                      PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements.

          The Financial Statements of the Registrant required to be filed
with this 10-QSB Quarterly Report were prepared by management, and commence
on the following page, together with Related Notes.  In the opinion of
management, the Financial Statements fairly present the financial condition
of the Registrant.
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

             UNAUDITED CONDENSED FINANCIAL STATEMENTS

                       DECEMBER 31, 2003
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]




                             CONTENTS

                                                               PAGE

        Unaudited Condensed Balance Sheets,
          December 31, 2003 and March 31, 2003                  2

        Unaudited Condensed Statements of Operations,
          for the three and nine months ended December 31,
          2003 and 2002 and for the period from inception
          on January 2, 2002 through December 31, 2003          3

        Unaudited Condensed Statements of Cash Flows,
          for the nine months ended December 31, 2003 and 2002
          and for the period from inception on January 2,
          2002 through December 31, 2003                        4

        Notes to Unaudited Condensed Financial Statements    5 - 9
<PAGE>
<TABLE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]
<CAPTION>
                  UNAUDITED CONDENSED BALANCE SHEETS

                              ASSETS

                                             December 31,       March 31,
                                                2003              2003
                                           -------------         __________
<S>                                        <C>                 <C>
CURRENT ASSETS:
  Cash                                     $       3,683        $       285
  Accounts receivable-related party                1,142                  -
  Prepaid expense                                  3,066                  -
                                           -------------        -----------
        Total Current Assets                       7,891                285

PROPERTY AND EQUIPMENT, net                       13,000              2,308

LEASED PROPERTY AND EQUIPMENT, net                14,550                  -

OTHER ASSETS:
  Deferred stock offering costs                        -             26,619
                                           -------------        -----------
                                           $      35,441        $    29,212
                                           =============        ===========


          LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
  Accounts payable                         $       8,795        $    19,917
  Accounts payable-related party                  23,223             12,723
  Advance from a shareholder                           -              4,000
  Accrued taxes                                      842                 65
                                           -------------        -----------
        Total Current Liabilities                 32,860             36,705
                                           -------------        -----------
STOCKHOLDERS' EQUITY:
  Common stock, $.001 par value,
   50,000,000 shares authorized, 644,400
   and 500,000 shares issued and
   outstanding, respectively                         644                500
  Capital in excess of par value                  59,226             15,500
  Deficit accumulated during the
   development stage                             (57,289)           (23,493)
                                           -------------        -----------
        Total Stockholders' Equity (Deficit)       2,581             (7,493)
                                           -------------        -----------
                                           $      35,441        $    29,212
                                           =============        ===========
</TABLE>
Note:  The balance sheet at March 31, 2003 was taken from the audited
financial statements at that date and condensed.

The accompanying notes are an integral part of these unaudited condensed
financial statements.
                                2
<PAGE>
<TABLE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]
<CAPTION>
              UNAUDITED CONDENSED STATEMENTS OF OPERATIONS


                                                               From Inception
                                   For the Three  For the Nine  on January 2,
                                   Months Ended   Months Ended  2002 Through
                                   December 31,   December 31,  December 31,
                                   2003     2002  2003     2002     2003
                                   -------------  ------------- -------------
<S>                             <C>       <C>     <C>    <C>     <C>
REVENUE:
  Recreation services           $   100  $     -  $  1,300 $   991 $  2,291
  Lease                           1,142        -     3,426       -    3,426
                                -------  -------  -------- ------- --------
       Total Revenues             1,242        -     4,726     991    5,717

EXPENSES:
  General and Administrative     14,917    4,473    38,522  13,751   63,006
                                -------  -------  -------- ------- --------
LOSS BEFORE INCOME TAXES        (13,675)  (4,473)  (33,796)(12,760) (57,289)

CURRENT TAX EXPENSE                   -        -         -       -        -

DEFERRED TAX EXPENSE                  -        -         -       -        -
                                -------  -------  -------- ------- --------
NET LOSS                       $(13,675) $(4,473) $(33,796)(12,760)$(57,289)
                                -------  -------  -------- ------- --------
LOSS PER COMMON SHARE          $   (.02) $  (.01) $   (.05)$  (.03)$   (.10)
                                -------  -------  -------- ------- --------
</TABLE>
The accompanying notes are an integral part of these unaudited condensed
financial statements.
                                3
<PAGE>
<TABLE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

              UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

<CAPTION>

                                                               From Inception
                                           For the Nine         on January 2,
                                           Months Ended         2002 Through
                                           December 31,          December 31,
                                       2003          2002            2003
                                   -------------  ------------- -------------
<S>                                <C>            <C>          <C>
Cash Flows From Operating Activities:
 Net loss                          $     (33,796) $     (12,760)$     (57,289)
 Adjustments to reconcile net loss
  to net cash provided by operating
  activities:
   Depreciation expense                    2,765            211         3,119
   Non-cash services for stock                 -              -         4,000
  Changes is assets and liabilities:
    (Increase) in accounts receivable
    related party                         (1,142)             -        (1,142)
    (Increase) in prepaid expense         (3,066)             -        (3,066)
    Increase in accounts payable           4,943          2,011         8,795
    Increase in accounts payable-
    related party                         10,500          9,723        23,223
    Increase in accrued taxes                777              -           842
                                   -------------   ------------ -------------
     Net Cash Provided (Used) by
     Operating Activities                (19,019)          (815)      (21,518)
                                   -------------   ------------ -------------
Cash Flows From Investing Activities:
  Payments for property and equipment    (28,007)        (1,609)      (30,669)
                                   -------------   ------------ -------------
     Net Cash (Used) by Investing
     Activities                          (28,007)        (1,609)      (30,669)
                                   -------------   ------------ -------------
Cash Flows From Financing Activities:
  Advance from a shareholder                   -          4,000         4,000
  Repayment of advance from shareholder   (4,000)             -        (4,000)
  Proceeds from issuance of common
  stock                                   72,200              -        84,200
  Payments of stock offering costs       (17,776)        (1,161)      (28,330)
                                   -------------   ------------ -------------
     Net Cash Provided (Used) by
     Financing Activities                 50,424          2,839        55,870
                                   -------------   ------------ -------------
Net Increase (Decrease) in Cash            3,398            415         3,683

Cash at Beginning of Period                  285            321             -
                                   -------------   ------------ -------------
Cash at End of Period              $       3,683   $        736 $       3,683
                                   -------------   ------------ -------------

Supplemental Disclosures of Cash
Flow Information:
 Cash paid during the period for:
   Interest                        $           -   $          - $           -
   Income taxes                    $           -   $          - $           -

Supplemental Schedule of Noncash Investing and Financing Activities:
  For the period from inception on January 2, 2002 through December 31, 2003:
  In March 2003, the Company recorded an account payable of $16,065 as
  deferred stock offering costs.

  In January 2, 2002, the Company issued 125,000 shares of common stock
  for services rendered valued at $4,000.
</TABLE>
The accompanying notes are an integral part of these unaudited condensed
financial statements.
                                4
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

                  NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization - Lone Moose Adventures, Inc. ("the Company") was organized under
the laws of the State of Nevada on January 2, 2002.  The Company provides
guided tours, hikes and recreational activities in the areas surrounding Salt
Lake City, Utah.  The Company has not generated significant revenues from its
planned principal operations and is considered a development stage company as
defined in Statement of Financial Accounting Standards No. 7.  The Company
has, at the present time, not paid any dividends and any dividends that may be
paid in the future will depend upon the financial requirements of the Company
and other relevant factors.

Condensed Financial Statements - The accompanying financial statements have
been prepared by the Company without audit.  In the opinion of management, all
adjustments (which include only normal recurring adjustments) necessary to
present fairly the financial position, results of operations and cash flows at
December 31, 2003 and for the periods then ended have been made.

Certain information and footnote disclosures normally included in financial
statements prepared in accordance with generally accepted accounting
principles in the United States of America have been condensed or omitted.  It
is suggested that these condensed financial statements be read in conjunction
with the financial statements and notes thereto included in the Company's
March 31, 2003 audited financial statements.  The results of operations for
the periods ended December 31, 2003 are not necessarily indicative of the
operating results for the full year.

Fiscal Year - The Company's fiscal year-end is March 31st.

Cash and Cash Equivalents - The Company considers all highly liquid debt
investments purchased with a maturity of three months or less to be cash
equivalents.

Accounts and Loans Receivable - The Company records accounts and loans
receivable at the lower of cost or fair value.  The Company determines the
lower of cost or fair value of nonmortgage loans on an individual asset basis.
The Company recognizes interest income on an account receivable based on the
stated interest rate for past-due accounts over the period that the account is
past-due.  The Company recognizes interest income on a loan receivable based
on the stated interest rate over the term of the loan.  The Company
accumulates and defers fees and costs associated with establishing a
receivable to be amortized over the estimated life of the related receivable.
The Company estimates allowances for doubtful accounts and loan losses based
on the aged receivable balance and historical losses.  The Company records
interest income on delinquent accounts and loans receivable only when payment
is received.  The Company first applies payments received on delinquent
accounts and loans receivable to eliminate the outstanding principal.  The
Company charges off uncollectible accounts and loans receivable when
management estimates no possibility of collecting the related receivable.  The
Company considers accounts and loans receivable to be past-due or delinquent
based on contractual terms.

Property and Equipment - Property and equipment are stated at cost.
Expenditures for major renewals and betterments that extend the useful lives
of property and equipment are capitalized, upon being placed in service.
Expenditures for maintenance and repairs are charged to expense as incurred.
Depreciation is computed using the straight-line method over the estimated
useful lives of the assets of seven years.
                                5
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

Stock Offering Costs - Costs related to proposed stock offerings are deferred
and will be offset against the proceeds of the offering in capital in excess
of par value.  In the event a stock offering is unsuccessful, the costs
related to the offering will be written-off directly to expense.

Revenue Recognition - The Company recognizes revenue from providing recreation
services in the period when the services are performed.  The Company
recognizes revenue from operating leases in the period when the payment is
due.

Organization Costs - Organization costs, which reflect amounts expended to
organize the Company, were expensed as incurred.

Income Taxes - The Company accounts for income taxes in accordance with
Statement of Financial Accounting Standards No. 109 "Accounting for Income
Taxes" [See Note 5].

Loss Per Share - The computation of loss per share is based on the weighted
average number of shares outstanding during the period presented in accordance
with Statement of Financial Accounting Standards No. 128, "Earnings Per Share"
[See Note 8].

Accounting Estimates - The preparation of financial statements in conformity
with generally accepted accounting principles in the United States of America
requires management to make estimates and assumptions that affect the reported
amounts of assets and liabilities, the disclosures of contingent assets and
liabilities at the date of the financial statements, and the reported amount
of revenues and expenses during the reported period.  Actual results could
differ from those estimated.

Recently Enacted Accounting Standards - Statement of Financial Accounting
Standards ("SFAS") No. 146, "Accounting for Costs Associated with Exit or
Disposal Activities", SFAS No. 147, "Acquisitions of Certain Financial
Institutions - an Amendment of FASB Statements No. 72 and 144 and FASB
Interpretation No. 9", SFAS No. 148, "Accounting for Stock-Based Compensation
- Transition and Disclosure - an Amendment of FASB Statement No. 123", SFAS
No. 149, "Amendment of Statement 133 on Derivative Instruments and Hedging
Activities", and SFAS No. 150, "Accounting for Certain Financial Instruments
with Characteristics of both Liabilities and Equity", were recently issued.
SFAS No. 146, 147, 148, 149 and 150 have no current applicability to the
Company or their effect on the financial statements would not have been
significant.
                                6
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 2 - PROPERTY AND EQUIPMENT

  Property and equipment consists of the following:


                                                December 31,     March 31,
                                                  2003             2003
                                               _____________   ___________
          Recreation equipment                 $       9,853   $     2,662
          Office equipment                             4,665             -
                                               _____________   ___________
                                                      14,518         2,662

          Less: Accumulated depreciation              (1,518)         (354)
                                               _____________   ___________
                                               $      13,000   $     2,308
                                               _____________   ___________

Depreciation expense for the nine months ended December 31, 2003 and 2002
amounted to $1,165 and $211, respectively.

NOTE 3 - LEASED PROPERTY AND EQUIPMENT

Leased property and equipment consists of the following:


                                                December 31,    March 31,
                                                  2003            2003
                                               ____________   ___________
          Leased exercise equipment            $     16,150   $         -

          Less accumulated depreciation              (1,600)            -
                                               ____________   ___________
                                               $     14,550   $         -
                                               ____________   ___________

The Company has entered into a lease agreement with an entity controlled by an
officer/shareholder of the Company to use the Company's exercise equipment
[See Note 6].  The agreement is for five years and calls for monthly payments
of $381.

Depreciation expense for the nine months ended December 31, 2003 and 2002
amounted to $1,600 and $0, respectively.

NOTE 4 - CAPITAL STOCK

Common Stock - The Company has authorized 50,000,000 shares of common stock
with a par value of $.001.  In January 2002, in connection with its
organization, the Company issued 500,000 shares of its previously authorized
but unissued common stock for cash of $12,000 and services rendered valued at
$4,000 (or $.032 per share).

In April 2003, the Company issued 144,400 shares of its previously authorized
but unissued common stock for cash of $72,100 and a stock subscription
receivable of $100 (or $.50 per share).  The shares were registered with the
Securities and Exchange Commission on Form SB-2 and stock offering costs of
$28,330 were offset against the proceeds in capital in excess of par value.
In August 2003, the Company collected the $100 subscription receivable.
                                7
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 5 - INCOME TAXES

The Company accounts for income taxes in accordance with Statement of
Financial Accounting Standards No. 109 "Accounting for Income Taxes".  SFAS
No. 109 requires the Company to provide a net deferred tax asset/liability
equal to the expected future tax benefit/expense of temporary reporting
differences between book and tax accounting methods and any available
operating loss or tax credit carryforwards.

The Company has available at December 31, 2003 unused operating loss
carryforwards of approximately $41,000 which may be applied against future
taxable income and which expire in various years through 2024.  The amount of
and ultimate realization of the benefits from the operating loss carryforwards
for income tax purposes is dependent, in part, upon the tax laws in effect,
the future earnings of the Company, and other future events, the effects of
which cannot be determined.  Because of the uncertainty surrounding the
realization of the deferred tax assets, the Company has established a
valuation allowance equal to their tax effect, therefore, no deferred tax
asset has been recognized.  The net deferred tax assets, which consist of
excess tax depreciation over book depreciation, related party accruals and net
operating loss carryforwards, are approximately $11,000 and $4,500 as of
December 31, 2003 and March 31, 2003, respectively, with an offsetting
valuation allowance of the same amount, resulting in a change in the valuation
allowance of approximately $6,500 during the nine months ended December 31,
2003.

NOTE 6 - RELATED PARTY TRANSACTIONS

Advance - In July 2002, an officer/shareholder of the Company advanced $4,000
to the Company.  The advance bore no interest and was due on demand.  In
August 2003, the Company repaid the advance.

Equipment Lease Agreement - The Company signed an Equipment Lease Agreement
with an entity controlled by an officer/shareholder of the Company to lease
the Company's exercise equipment for five years at approximately $381 per
month beginning April 22, 2003.  Lease revenues for the nine months ended
December 31, 2003 and 2002 amounted to $3,426 and $0, respectively.  The
Company will receive approximately $4,568 each year under the lease, totaling
$22,838.  At December 31, 2003 the balance of accounts receivable related to
the lease was $1,142.

Management Compensation - On April 1, 2002, the Company started to accrue
salary for an officer/shareholder of the Company at $1,000 per month.  Salary
expense for the nine months ended December 31, 2003 and 2002 amounted to
$9,000 and $9,000, respectively.  At December 31, 2003, $21,000 of salary had
been accrued but not paid and is included in accounts payable - related party.

Office Space - Through April 14, 2003, the Company did not have a need to rent
office space.  On June 11, 2003, the Company signed a Commercial and
Industrial Lease with an entity controlled by an officer/shareholder of the
Company to rent office space for one year at $500 per month beginning April
15, 2003.  Rent expense for the nine months ended December 31, 2003 and 2002
amounted to $4,500 and $0, respectively.  At December 31, 2003, $1,500 of rent
has not been paid and is included in accounts payable - related party.
                                8
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 7 - GOING CONCERN

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.  However,
the Company was only recently formed and has incurred losses since its
inception.  Further, the Company has current liabilities in excess of current
assets.  These factors raise substantial doubt about the ability of the
Company to continue as a going concern.  In this regard, management is
proposing to raise any necessary additional funds not provided by operations
through loans or through additional sales of its common stock.  There is no
assurance that the Company will be successful in raising this additional
capital or in achieving profitable operations.  The financial statements do
not include any adjustments that might result from the outcome of these
uncertainties.

NOTE 8 - LOSS PER SHARE

The following data shows the amounts used in computing loss per share:


                               For the Three      For the Nine  From Inception
                               Months Ended      Months Ended    on January 2,
                               December 31,      December 31,   2002 Through
                            ___________________________________ December 31,
                              2003     2002      2003     2002      2003
                            ________ ________  ________ _______ ______________
Loss from operations available
to common shareholders
(numerator)                $(13,675)$  (4,473) $(33,796)$(12,760)  $ (57,289)
                            ________ ________  ________ _______ ______________
Weighted average number of
Common shares outstanding
used in loss per share for
the period (denominator)     644,400  500,000   640,785 500,000     553,181
                             _______ ________  ________ _______ ______________

Dilutive loss per share was not presented, as the Company had no common stock
equivalent shares for all periods presented that would affect the computation
of diluted loss per share.

NOTE 9 - CONCENTRATIONS

Customers - The Company has just recently commenced operations and all of the
revenues received by the Company are from a limited number of clients, the
loss of which could have a material impact on the operations of the Company.

Geographic Region - During the nine months ended December 31, 2003, all of the
Company's sales and operations were located in and around Salt Lake City,
Utah.
                                9
<PAGE>
Item 2.   Management's Discussion and Analysis or Plan of Operation.
--------------------------------------------------------------------

Plan of Operation.
------------------

          We began our operations in May, 2002.  To date, we have conducted 12
day hikes in the Wasatch mountains of northern Utah and have received revenues
of $2,191.  We also lease equipment and to date have received revenues of
$3,426 from this equipment lease.  During the next 12 months, management
intends to commence the business of conducting other types of adventure tours
in Utah.  These will include mountain biking, rock climbing (subject to
availability of liability insurance), snow shoeing and split boarding.  There
can be absolutely no assurance that our Company's operations will be
successful.

          Our President provides us with rent-free office space and our
management has verbally agreed not to accept any compensation until we
are operating profitably.

Results of Operations.
----------------------

          During the quarterly period ended December 31, 2003, we received
total revenues of $1,242 and had a net loss of $(13,675).  We received no
revenues for the three months ended December 31, 2002, and we had a net loss
of $(4,473) during that three month period.

         For the nine months ended December 31, 2003, we received total
revenues of $4,726 and had a net loss of $(33,796).  We received $991 in
revenues for the nine months ended December 31, 2002, and we had a net loss of
$(12,760).

Liquidity.
----------

          At December 31, 2003, we had $7,891 in current assets, with total
current liabilities of $32,860.  Total stockholder's equity was $2,581.
During the next 12 months, management intends to commence the business of
conducting other types of adventure tours in Utah. We believe our current
assets are sufficient for our intended operations during the next 12 months.

Item 3.   Controls and Procedures.
----------------------------------

         (a)  Evaluation of Disclosure Controls and Procedures

         Our President and Secretary/Treasurer have evaluated our Company's
disclosure controls and procedures as December 31, 2003, the last day of the
reporting period covered by this report, and they concluded that these
controls and procedures are effective.

         (b)  Changes in Internal Controls

         There are no significant changes in internal controls or in other
factors that could significantly affect these controls subsequent to February
13, 2004.

                        PART II - OTHER INFORMATION

Item 1.   Legal Proceedings.
----------------------------

          None; not applicable.

Item 2.   Changes in Securities and Small Business Issuer Purchases of Equity
Securities.
-----------

          None; not applicable.

Item 3.   Defaults Upon Senior Securities.
------------------------------------------

          None; not applicable.

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

          None; not applicable.

Item 5.   Other Information.
----------------------------

          None; not applicable.

Item 6.   Exhibits and Reports on Form 8-K.
-------------------------------------------

          (a)  Exhibits.

               31.1  302 Certification of Christopher B. Glover

               31.2  302 Certification of Michael C. Brown

               32    906 Certification

          (b)  Reports on Form 8-K.

               None.

<PAGE>

                               SIGNATURES

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

                                      LONE MOOSE ADVENTURES, INC.



Date: 2/17/04                         By/S/Christopher B. Glover
     --------------                     -------------------------------------
                                        Christopher B. Glover
                                        President and Director


Date: 2/17/04                         By/S/Michael C. Brown
     --------------                     -------------------------------------
                                        Michael C. Brown
                                        Secretary/Treasurer/Controller/CFO
                                        and director

<PAGE>