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


                                  Form 10-QSB


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

               For the quarterly period ended June 30, 2006

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

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


                        Commission file number 000-49756


                             THE WORLD GOLF LEAGUE, INC.
                 (Name of small business issuer in its charter)

                                    Delaware
                        (State or other jurisdiction of
                         incorporation or organization)

                                   98-0201235
                                (I.R.S. Employer
                              Identification No.)

                          963 HELMSLEY COURT, UNIT 107
                           LAKE  MARY,  FLORIDA  32746
                    (Address of principal executive office)

            2139 STATE ROAD 434, SUITE 101, LONGWOOD, FLORIDA, 32779
                                (Former Address)

                                 (407) 331-6272
                          (Issuer's telephone number)

     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 [ ]

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

<PAGE>

     As of August 21, 2006, there were 2,499,305,663 shares of common stock,
$0.001 par value, outstanding.

     Transitional  Small  Business  Disclosure  Format  (Check  one).
     Yes [ ]  No [X]

     Indicate  by  check  mark  whether  the  registrant  is a shell company (as
defined  in  Rule  12b-2  of  the  Exchange  Act).
     Yes  [ ]  No  [X].
<PAGE>

                          THE WORLD GOLF LEAGUE, INC.
                                  FORM 10-QSB
                      FOR THE QUARTER ENDED June 30, 2006



                                     INDEX

                                                                            PAGE
PART I. FINANCIAL INFORMATION

     Item 1. Financial Statements

          Balance Sheets as of June 30, 2006 and December 31, 2005            3

          Condensed Statements of Operations for the Three and Six
          Months Ended June 30, 2006 and 2005                                 4

          Statements of Cash Flow for the Six Months Ended
          June 30, 2006 and 2005                                              5

          Notes to Financial Statements                                       7

     Item 2. Management's Discussion and Analysis of Financial
             Condition and Results of Operations                              10

     Item 3. Controls and Procedures                                          38

PART II. OTHER INFORMATION

     Item 1. Legal Proceedings                                                39

     Item 2. Changes in Securities and Use of Proceeds                        40

     Item 3. Defaults Upon Senior Securities                                  40

     Item 4. Submission of Matters to a Vote of Security Holders              41

     Item 5. Other Information                                                41

     Item 6. Exhibits                                                         41

SIGNATURES                                                                    42

CERTIFICATIONS                                                                43

<PAGE>

PART I - FINANCIAL INFORMATION

Item 1.     Financial Statements



<TABLE>
<CAPTION>

                           THE WORLD GOLF LEAGUE, INC
                                 BALANCE SHEETS
                                  (unaudited)


                                                   June 30,       December 31,
                                                     2006             2005
<S>                                                  <C>               <C>
                ASSETS
CURRENT ASSETS
   Cash and cash equivalents                     $      5,325     $          -
   Advance to repurchase stock                              -           37,500

TOTAL CURRENT ASSETS                             ------------     ------------
                                                        5,325           37,500
                                                 ------------     ------------

OTHER ASSETS
   Deposits                                             1,875            1,875
   Fixed Assets, net of accumulated
    depreciation of $14,649 and $13,278,
     respectively                                      15,187           14,476
   Capitalized Film Production Cost                   679,927          642,349

                                                 ------------     ------------
   TOTAL ASSETS                                  $    702,314     $    696,200
                                                 ============     ============


   LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES
   Accounts payable                              $     45,546     $    125,694
   Bank Overdraft                                           -           10,738
   Accrued liabilities                                 79,444           81,205
   Notes payable to prize winners                     277,081          281,081
   Advance from related party                         224,326           20,000
   Convertible debentures, net of discount
     Of $133,525 and $604,317 respectively            279,911          199,456
   Convertible debenture derivative liability         733,472        1,637,344

                                                 ------------   --------------
   Total current liabilities                        1,639,780        2,355,518
                                                 ------------   --------------
LONG TERM LIABILITIES
   Convertible debenture, net of discount of
      $160,321 and $0                                  29,679                -
   Convertible debenture derivative liability         246,481                -
                                                 ------------   --------------
   TOTAL LIABILITIES                                1,915,940        2,355,518
                                                 ------------   --------------

STOCKHOLDERS' DEFICIT
   Series A preferred stock, $0.001 par
     value per share; 5,000,000 shares authorized;
     4,000,000 and 1,000,000 shares issued
     at June 30, 2006 and December 31, 2005,
     respectively                                       5,000           1,000
   Common stock, $0.001 par value per share;
     2,500,000,000 shares authorized; 2,499,994,293
     and 2,260,133,750 shares issued and outstanding
     at June 30, 2006 and December 31, 2005,
     respectively                                   2,499,994       1,280,689
   Additional paid-in capital                      15,661,005      14,308,928
   Unissued common stock                               61,139          61,139
   Treasury Stock, at cost, 2,576,817 shares         (162,018)       (162,018)
   Accumulated deficit                            (19,278,746)    (17,149,056)
                                                 ------------   -------------
   Total stockholders' deficit                     (1,213,626)     (1,659,318)
                                                 ------------   -------------
   TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT   $    702,314   $     696,200
                                                 ============   =============

</TABLE>

                                     -3-
<PAGE>

<TABLE>
<CAPTION>



                          THE WORLD GOLF LEAGUE, INC.
                       UNAUDITED STATEMENTS OF OPERATIONS


                                       For the Three Months Ended   For the Six Months Ended
                                               June 30,                    June 30,
                                      ---------------------------    ----------------------------
                                         2006             2005           2006            2005
                                                       (Restated)                     (Restated)
                                      -----------     -----------    -----------    -------------
<S>                                      <C>              <C>            <C>              <C>

  Membership fee revenue                        -         117,038         11,097          424,752
                                      -----------     -----------    -----------    -------------

     Total Revenue                              -         117,038         11,097          424,752


  Operating, general and
      Administrative expenses          (1,212,362)       (387,900)    (1,502,256)      (1,626,534)
                                      -----------     -----------    -----------    -------------

      Net operating loss               (1,212,362)       (270,862)    (1,491,159)      (1,201,782)


OTHER INCOME (EXPENSES)
  Interest expense                       (100,875)        (21,540)      (533,845)         (38,654)
  Gain/(Loss) on Derivative Liability    (140,395)       (124,672)      (104,686)        (113,189)
  Other income                                  -          64,730              -           64,730
                                      -----------     -----------    -----------    -------------

NET LOSS                              $(1,453,632)    $  (352,344)   $(2,129,690)   $  (1,288,895)
                                      ===========     ===========    ===========    =============

BASIC AND DILUTED WEIGHTED AVERAGE
 NUMBER OF SHARES OUTSTANDING       1,940,077,245     680,059,485  2,102,314,828      581,475,160
                                    =============     ===========  =============    =============

TOTAL BASIC AND DILUTED NET
 LOSS PER SHARE                       $     (0.00)    $     (0.00)   $     (0.00)   $       (0.00)
                                      ===========     ===========    ===========    =============

</TABLE>

                                     -4-
<PAGE>



<TABLE>
<CAPTION>

                                               THE WORLD GOLF LEAGUE, INC.
                                           STATEMENT OF STOCKHOLDERS' DEFICIT
                                         FOR THE SIX MONTHS ENDED JUNE 30, 2006


                       PREFERRED  STOCK        COMMON  STOCK         ADDITIONAL   UNISSUED
                     -------------------   ----------------------     PAID-IN      COMMON      TREASURY    ACCUMULATED     TOTAL
                      SHARES     AMOUNT     SHARES        AMOUNT      CAPITAL      STOCK        STOCK        DEFICIT      DEFICIT
                     --------   --------   --------      --------   -----------  ----------   ----------  ------------   --------
<S>                     <C>       <C>        <C>            <C>        <C>          <C>           <C>           <C>          <C>


Balance as of
December 31, 2005   1,000,000   $  1,000  1,280,689,054  $1,280,689 $14,308,928  $   61,139   $ (162,018) $(17,149,056) $(1,659,318)


Common stock issued
  for services              -          -     74,139,792      74,140     (11,392)          -            -             -       62,748


Common stock issued
  for Conversion of
  debentures And
  exercise of warrants      -          -    905,304,904     905,305    (392,949)          -            -             -      512,356

Reduction in derivative
  liability For
  conversion of
  debenture And
  exercise of warrants      -          -              -           -     898,107           -            -             -      898,107

Net loss                    -          -              -           -           -           -            -      (676,058)    (676,058)
                     --------   --------  -------------  ---------- -----------  ----------   ----------  ------------   ----------
Balance as of March
  31, 2006          1,000,000   $  1,000  2,260,133,750  $2,260,134 $14,802,694  $   61,139   $ (162,019) $(17,825,114)    (862,166)
                    =========   ========  =============  ========== ===========  ==========   ==========  ============   ==========


Common stock issued
  for Conversion of
  debentures And
  exercise of               -          -    141,400,000     141,400     (73,661)          -            -             -       67,739

Common stock issued
  for private placement                     58,460,543      58,460     (38,000)                                             20,461

Common stock issued
  for commitment fee                         40,000,000      40,000     (24,000)                                             16,000

Preferred stock issued
  for services      4,000,000      4,000                                956,000                                             960,000

Reduction in derivative
  liability For
  conversion of
  debenture                 -          -              -           -      37,972                                              37,972

Net loss                    -          -              -           -           -           -            -    (1,453,632)  (1,453,632)
                    ---------   --------  -------------  ---------- -----------  ----------   ----------  ------------   ----------
Balance as of June
  30, 2006          5,000,000  $  5,000   2,499,994,293  $2,499,994 $15,661,005  $   61,139   $ (162,019) $(19,278,746)  (1,213,626)
                    =========   ========  =============  ========== ===========  ==========   ==========  ============   ==========

</TABLE>

                                     -5-
<PAGE>

<TABLE>
<CAPTION>



                          THE WORLD GOLF LEAGUE, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOW
                                  (Unaudited)


                                                   Six Months Ended June 30,
                                                  --------------------------
                                                      2006           2005
                                                    Restated
                                                  ------------   -----------
<S>                                                   <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES
   Net loss                                       $ (2,129,690)  $(1,288,895)
   Adjustments to reconcile net loss to net
      cash used in operating activities                              994,975
   Preferred Stock issued for services                 960,000
   Common Stock issued for services                     62,541
   Loss on Derivative liability                        104,686
   Amortization of discount on derivative
      Liability                                        514,610
   Depreciation and Amortization                         1,371
   Change in assets and liabilities:
      Accounts Payable                                 (80,390)
      Accrued Expenses                                  (1,761)
      Bank Overdraft                                   (10,738)
                                                  ------------   -----------
       Net cash used in operating activities          (579,371)     (293,920)
                                                  ------------   -----------
CASH FLOWS FROM INVESTING ACTIVITIES
  Purchase of fixed assets                              (2,082)            -
  Increase in film production cost                                   (37,578)
                                                  ------------   -----------
       Net cash used in investing activities           (39,600)            -
                                                  ------------   -----------
CASH FLOWS FROM FINANCING ACTIVITIES
  Advance to repurchase stock                           37,500
  Advance from related party                           204,326             -
  Proceeds from exercise of stock warrants             176,009       307,000
  Payments on notes payable to prize winners            (4,000)       (2,074)
  Net proceeds from note payable                       190,000             -
  Net proceeds from private placement                   20,461
                                                  ------------  ------------
       Net cash provided by financing activities       624,296       304,926
                                                  ------------  ------------

NET DECREASE IN CASH AND CASH EQUIVALENTS                5,325        11,006

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD               -        15,373
                                                  ------------  ------------
CASH AND CASH EQUIVALENTS, END OF PERIOD          $      5,325  $     26,379
                                                  ============  ============
Supplemental Information
  Interest paid                                   $     10,837  $      7,399
  Conversion of convertible debentures
        To common stock                           $    965,846  $     27,000
  Non-cash financing activities:
        Discount on long term convertible
           debenture                              $    190,000  $          -
        Derivative liability                      $    264,981  $          -

</TABLE>

                                     -6-
<PAGE>

                           The World Golf League, Inc.
                   Notes to Consolidated Financial Statements

NOTE 1 - BASIS OF PRESENTATION

The accompanying interim consolidated financial statements of World Golf League,
Inc.,  have  been  prepared  in  accordance with accounting principles generally
accepted  in  the  United  States of America and the rules of the Securities and
Exchange  Commission  and  should  be  read  in  conjunction  with  the  audited
consolidated  financial  statements  and  notes  thereto contained in World Golf
League's  latest Annual Report filed with the SEC on Form 10-KSB. In the opinion
of  management,  all  adjustments,  consisting  of normal recurring adjustments,
necessary  for  a  fair  presentation  of  financial position and the results of
operations  for  the  interim  periods presented have been reflected herein. The
results  of operations for interim periods are not necessarily indicative of the
results  to  be  expected for the full year. Notes to the consolidated financial
statements  that  would  substantially duplicate the disclosure contained in the
audited consolidated financial statements for the most recent fiscal year, 2006,
as  reported  in  Form  10-KSB,  have  been  omitted.

NOTE 2 - GOING CONCERN

World  Golf  League  has  incurred  losses totaling $19,278,746 through June 30,
2006,  and  had  negative  working  capital  at  June 30, 2006. Because of these
conditions,  World  Golf  League  will  require  additional  working  capital to
continue operations and develop the business. World Golf League intends to raise
additional  working  capital  through  continued financing arrangements with its
current  debenture  holders,  private  placements  and  public  offerings.

There  are  no assurances that World Golf League will be able to achieve a level
of  revenues adequate to generate sufficient cash flow from operations or obtain
additional  financing  through  the methods mentioned above necessary to support
its  working  capital  requirements. There are no assurances that the additional
financing  will  be  available  and if it is not, then World Golf League may not
continue  its  operations  or  execute  its  business  plan.

These  conditions  raise  substantial doubt about World Golf League's ability to
continue  as  a  going  concern.  The  financial  statements  do not include any
adjustments  relating to the recoverability and classification of asset carrying
amounts  or the amount and classification of liabilities that might be necessary
should  World  Golf  League  be  unable  to  continue  as  a  going  concern.

NOTE 3 - CONVERTIBLE DEBENTURES

During  2004, World Golf League issued $250,000 of Convertible Debentures ("2004
Debentures")  with  2,500,0000 warrants. The Debenture was fully funded in 2004.
During  the  quarter  ended  June  30,  2006,  there  was  no  conversion of the
debentures.  The face value of the 2004 Debenture at June 30, 2006 was $144,506.
The carrying amount of the 2004 debenture was $144,506 as the discount was fully
amortized over the term of the note.  The 2004 debenture is currently is default
and  World  Golf  League  is  in  negotiations with the holder for an extension.

During  2005, World Golf League issued $700,000 of Convertible Debentures ("2005
Debentures") with 500,000,000 warrants that were fully funded. Effective January
2006,  the  Company amended its agreement to change from 500,000,000 warrants to
200,000,000  warrants. During the quarter ended June 30, 2006, World Golf League
issued  141,400,000  shares  in connection with the conversion of $67,739 of its
2005 issued convertible debentures.  No interest was paid for the quarter and no
warrants  were  converted  during the quarter. There are no warrants outstanding
under  the 2005 debenture. The face value of the 2005 debenture at June 30, 2006
was $268,930. The carrying amount is $135,405, net of an unamortized discount of
$133,525.

In  May  2006, World Golf League issued $400,000 of Convertible Debentures ("May
2006  debentures.")  The  May 2006 debenture bears interest at 10% until paid or
converted  into  shares of our common stock and is due in May 2009. The May 2006
debenture  has  a Stock Purchase Warrant to purchase an aggregate of 700,000,000
shares  of  our  common  stock at an exercise price of $0.004 per share. The May
2006  debenture  is  convertible  into  World  Golf League's common stock at the
lesser of (i) $0.001 per share, (ii) seventy percent (70%) of the average of the
5  lowest  volume  weighted average price of our common stock during the 20 most
recent completed trading days of the common stock on the OTCBB, prior to date of
conversion,  (iii) seventy percent (70%) of the VWAP of our common stock for the
most  recent  completed trading day prior to conversion, or (iv) seventy percent
(70%)  of  the  most  recent  closing bid price of our common stock prior to the
conversion.  The  holder  will not be able to convert any portion of the note if
the conversion price is below $.001 per share. At June 30, 2006, $190,000 of the
May  2006  debenture  has  been funded. The carrying amount of this debenture is
$29,679,  net  of an unamortized discount of $160,321. 253,750,000 warrants were
issued  and  outstanding  at  June  30,  2006.

                                     -7-
<PAGE>

World  Golf  League  determined  that  all  of  the  Convertible Debentures were
derivatives  under  the  guidance in SFAS 133, "Accounting for Derivatives," and
EITF  00-19,  "Accounting  for  Derivative  Financial Instruments Indexed to and
Potentially  Settled  in  a  Company's  Own  Stock."  All the debentures contain
compound  embedded  derivatives  which  according  to  the  guidance,  must  be
bifurcated  and  accounted  for  separately and recorded at market value at each
balance  sheet  date.  In  addition,  the  warrants  that  are attached to these
convertible  debentures  were  also  considered  to be free-standing derivatives
under  SFAS  133.  These  were  also  bifurcated  and  accounted  for separately
according  to  the  fair  market  value  of  the  warrants.

Since inception of the debentures, the compound embedded derivatives were valued
by  an independent valuation expert using a lattice model based on a probability
weighted  average  cash  flow  method.  The  warrants  were valued using a Black
Scholes  model  with  computed  volatility  rates  and  discount  rates.

At  June  30,  2006, the market value of the 2004 debenture derivative liability
was  $574,645.  The  change  from  December  31,  2005  was  derived  from  (1)
conversions  of  the  debenture  during the three months ended March 31, 2006 of
$30,422.  This  amount was included in additional paid in capital; and (2) a net
loss  on derivative liability for the six months ended June 30, 2006 of $49,654.
Interest  expense of $113,339 was recognized relating to the amortization of the
discount  for  the  six  months  ended  June  30,  2006.

At  June  30,  2006, the market value of the 2005 debenture derivative liability
was  $158,827.  The  change  from  December  31,  2005  was  derived  from  (1)
conversions  of  the  debenture  during  the  six  months ended June 30, 2006 of
$905,656  which was recorded in additional paid in capital and (2) a net gain on
derivative liability of $17,447 for the six months ended June 30, 2006. Interest
expense  of $357,473 was recognized relating to the amortization of the discount
for  the  six  months  ended  June  30,  2006.

At  June  30,  2006,  the  market  value  of  the  May 2006 debenture derivative
liability  was  $246,481  and  is considered to be long-term.  At inception, the
derivative liability was in excess of the face amount of the debenture resulting
in  a  loss  at inception on derivative liability of $90,981.  At June 30, 2006,
there  was a write-down of the derivative liability relating to the market value
as  of  that date, resulting in an additional loss of $18,500.  Interest expense
of  $29,679  was  recorded  relating  to  the  amortization  of  the  discount.

NOTE 4 - RESTATEMENT OF PREVIOUSLY ISSUED INTERIM FINANCIAL STATEMENTS

Based on the determination of the 2004 debentures containing  compound embedded
derivatives, World Golf League restated its previously issued interim financial
statements as of and for the periods  ended  March 31  and  June 30, 2005.  The
impacts of the restatement are as follows:

                                     -8-
<PAGE>

Statements of Operations for the three months ended June 30, 2005:

                         As Previously Issued         Impact         Restated
                         ---------------------       --------       ----------
Interest expense               $      7,036          $ 14,504       $ 21,540(a)
Loss on derivative liability              -           124,672        124,672(b)
Net Loss                       $   (213,168)          $(139,176)    $(352,344)

(a) Restated amount related to amortization of the discount
(b) Restated amount related to market value of derivative liability at June
    30, 2006


Statements of Operations for the six months ended June 30, 2005:

                             As Previously Issued       Impact        Restated
                             --------------------      -------        --------
Interest expense                  $   14,235           $ 24,419       $ 38,654
Loss on derivative liability      $        -            113,189            113
189
Net Loss                          $(1,212,643)           76.252    ($1,288,895)


NOTE 5 - CONTINGENCIES

In 2005, World  Golf League completed the production  of  its  reality TV  Show,
"The Million Dollar  Shoot  Out."  In  January  2006,  pursuant  to arrangements
with  the  contestants  participating  in  the  golf  tournament,  the   winning
contestant  became  entitled  to  receive  $1,000,000  30 days subsequent to the
"airing" of the last episode on a TV network. Management has not reached a final
agreement with a television  network  for the airing of  the  TV  show.  Related
production costs have been  capitalized  pending  either  the  TV  airing  or  a
determination they are worthless.


NOTE 6 - COMMON STOCK

World  Golf  League  issued  40,000,000 shares to the May 2006 debenture holder.
The  market  value  of  these  shares  was  $24,000  on the date of issuance was
included  in  the  calculation  of the initial discount and derivative liability
associated  with  the  May  2006  debenture.  The impact of the market value was
allocated  to  the debt proceeds and incorporated in the inception loss recorded
of  $90,981.

During  the  three and six months ended June 30, 2006, the 2004 debenture holder
converted $8,374 of his debentures and was  issued  85,306,389 shares of common
stock.

During  the  three months and six months ended June 30, 2006, the 2005 debenture
holder  converted  $314,223  and  $67,739  of  his  debentures  and  was  issued
594,663,669  and  141,400,000  shares of common stock, respectively. 200,000,000
shares were issued for exercise of warrants during the six months ended June 30,
2006  for  proceeds  of  $156,183.


NOTE 7 - RELATED PARTY

During  the quarter ended June 30, 2006, World Golf League borrowed $47,000 from
one  of  its  officers. The loan is payable on demand and has no stated interest
rate.  $63,783  is  also accrued for unpaid salaries. As of June 30, 2006, World
Golf  League  owes  $224,326  to  this  same  officer.


NOTE  8  -  PREFERRED  STOCK

On  May  1,  2006,  World  Golf  League  issued  4,000,000  shares  to our Chief
Executive  Officer and Director, of our Series A Preferred Shares. He previously
held  1,000,000  shares  of our Series A Preferred Stock, and as a result of the
additional  issuance, he now holds 5,000,000 shares of Series A Preferred Stock.
The  preferred  shares  were issued with 300 to 1 voting rights as it relates to
the voting rights of the common share holders and an optional redemption feature
at World Golf League's option for  $0.05 a share World Golf League estimated the
market  value  of the preferred shares issued during the three months ended June
30,  2006  at  its  common  stock  equivalent  market  value.  The  common stock
equivalent  was  determined  to be 1,200,000,000 shares of common stock based on
the  voting  rights  and  valued at the market value of the common shares on the
date of issuance.  The market value of these shares was $960,000 and is included
in  compensation  expense  on  the  statement  of  operations.

                                     -9-
<PAGE>

Item 2.  Management's Discussion and Analysis of Financial Condition and Results
of Operations.

CERTAIN STATEMENTS IN THIS QUARTERLY REPORT ON FORM 10-QSB (THIS "FORM 10-QSB"),
CONSTITUTE "FORWARD LOOKING STATEMENTS" WITHIN THE MEANING OF SECTION 27A OF THE
SECURITIES ACT OF 1934, AS AMENDED, AND THE PRIVATE SECURITIES LITIGATION REFORM
ACT  OF 1995 (COLLECTIVELY, THE "REFORM ACT"). CERTAIN, BUT NOT NECESSARILY ALL,
OF  SUCH  FORWARD-LOOKING  STATEMENTS  CAN  BE  IDENTIFIED  BY  THE  USE  OF
FORWARD-LOOKING  TERMINOLOGY  SUCH AS "BELIEVES", "EXPECTS", "MAY", "SHOULD", OR
"ANTICIPATES", OR THE NEGATIVE THEREOF OR OTHER VARIATIONS THEREON OR COMPARABLE
TERMINOLOGY, OR BY DISCUSSIONS OF STRATEGY THAT INVOLVE RISKS AND UNCERTAINTIES.
SUCH  FORWARD-LOOKING  STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES
AND  OTHER  FACTORS  WHICH  MAY  CAUSE  THE  ACTUAL  RESULTS,  PERFORMANCE  OR
ACHIEVEMENTS OF THE WORLD GOLF LEAGUE, INC. ("WGL", "WORLD GOLF," THE "COMPANY",
"WE",  "US"  OR  "OUR")  TO  BE  MATERIALLY  DIFFERENT  FROM ANY FUTURE RESULTS,
PERFORMANCE  OR  ACHIEVEMENTS  EXPRESSED  OR  IMPLIED  BY  SUCH  FORWARD-LOOKING
STATEMENTS.  REFERENCES  IN THIS FORM 10-QSB, UNLESS ANOTHER DATE IS STATED, ARE
TO  JUNE  30,  2006.

CORPORATE  HISTORY  AND  DEVELOPMENT

We  were  incorporated  on  September  29,  1998 in Delaware under the name Asia
Pacific  Trading, Inc. On May 11, 2000, we merged with Novus Laboratories, Inc.,
a  Nevada  corporation  ("Novus-NV"). On June 20, 2000, we changed our name from
Asia  Pacific  Trading  to  Novus  Laboratories,  Inc.  ("Novus").

In  February  2003,  we  completed a 2.7:1 forward stock split of our issued and
outstanding  common  stock.  In  March  2003,  we completed a 10:1 forward stock
split  of  our  issued  and  outstanding common stock. The effects of both stock
splits have been retroactively reflected in this report unless otherwise stated.

On  April  14,  2003,  we  acquired  more than 80% of the issued and outstanding
shares  of  The  World  Golf  League,  Inc.,  a Florida corporation ("World Golf
Florida"), pursuant to a Share Exchange Agreement (the "Exchange Agreement"). In

                                      -10-
<PAGE>

connection with this transaction, we issued a total of 120,000,000 shares of our
common stock in exchange for 100% of the securities of World Golf Florida. World
Golf  Florida became our wholly-owned subsidiary. As a result of the acquisition
of  World  Golf  Florida,  and the change in business focus, we changed our name
from Novus Laboratories, Inc. to The World Golf League, Inc. Except as expressly
indicated or unless the context otherwise requires, the "Company," "World Golf,"
"WGL,"  "we,"  "our,"  or  "us"  means  The  World Golf League, Inc., a Delaware
corporation,  and  its  subsidiaries.

In  connection  with  the  Exchange  Agreement,  Novus  shareholders  agreed  to
assist  us  in  raising  a  minimum  of $500,000 or they would cancel 30,000,000
post-split  shares  of their common stock. We and the Novus shareholders amended
the  terms  of  the Exchange Agreement to provide that a portion of the proceeds
received  from  the  sale  of  the  shares  by  the  Novus shareholders would be
delivered to us in lieu of canceling the shares. This arrangement resulted in us
receiving  an  aggregate of $376,203, a significant portion of which was paid to
the  Florida  Attorney  General  as  discussed  below.

In  addition, the Exchange Agreement stated that in the event $1,000,000 was not
raised  by  us  with  the  assistance of the Novus shareholders, shareholders of
World Golf Florida would receive an additional 30,000,000 post-split shares on a
pro  rata  basis as their original shares were issuable pursuant to the Exchange
Agreement.  As  $1,000,000  was  not raised, we contacted the World Golf Florida
shareholders  via  mail  requesting  that  they execute documentation so that we
could  determine  whether  a  valid exemption from registration could be met. We
received  only  a  minimal response from the World Golf Florida shareholders and
were  unable  to  determine  whether  a  valid exemption would be satisfied. The
Company has elected not to, but may be required to, issue the shares that it had
previously  agreed  to  issue. Michael S. Pagnano, the Company's Chief Executive
Officer  and  a  former shareholder of World Golf Florida, previously had agreed
not to receive any additional shares in connection with the previously announced
issuance  and  this  would have significantly reduced the number of shares to be
issued.

We  entered  into  a  Stipulated Injunction with the State of Florida, Office of
the  Attorney  General  in  July  2003,  regarding  a  settlement  of our unpaid
obligation  to  the  winners  of the 2001 World Golf League National Tournament.
Pursuant  to  the  Stipulated  Injunction,  we  agreed that after the payment of
certain specific expenses, the Florida Attorney General would receive 60% of the
proceeds  we  received  from  the  sale  of our common stock by the former Novus
stockholders.  During  the fiscal year ended December 31, 2003, we paid $314,000
and executed notes payable to the winners of the 2001 World Golf League National
Tournament  for  an  aggregate  of $300,000 bearing interest at 5% per annum. In
addition,  we  paid  the Florida Attorney General $20,000 in connection with the
settlement.  The  notes  became due in September 2004, and the remaining balance
owed  as of March 31, 2006 of $280,081 is in default. We plan to repay the notes
as  our  cash  flow  permits.

On  September  29,  2005,  we  formed  a  wholly-owned  Nevada  subsidiary,  WGL
Entertainment,  Inc. and transferred to this subsidiary $1,000 of cash and other
property  consisting  of  all of the tangible and intangible assets necessary to
operate  The  WGL  Million  Dollar  Shootout.

                                      -11-
<PAGE>

THE  WGL  MILLION  DOLLAR  SHOOTOUT  REALITY  TELEVISION  EVENT

In  April  2006, we completed post production on the first season of our reality
based  television  series entitled "The WGL Million Dollar Shootout." We invited
22  players  to  compete  for $1,000,000 in a WGL handicapped, winner takes all,
event.  Participants  were  chosen  from  an online application; however, in the
future,  we  may charge potential participants a small entrance fee to play in a
qualifying  event  with  an  opportunity  to  advance  to The WGL Million Dollar
Shootout.  This  first  competition  was  held  at  the Reunion Resort & Club in
Orlando,  Florida.

In  July  2005,  we entered into a one-year contract with John O'Hurley, to host
the  first  season  of  The  WGL  Million  Dollar  Shootout.  In August 2005, we
entered into one-year contracts with Carin Koch, Fred Funk, Bernadette Luse, and
Don  Donatello.  We  may use Mr. Funk's name, image and likeness for our overall
marketing  and  promotion  of  The  WGL  Million Dollar Shootout and our website
during  the  term  of his contract. Ms. Koch, Ms. Luse and Mr. Donatello will be
celebrity  participants during the first season and we may also use their names,
images  and  likenesses for our overall marketing and promotion and our website.

In  October  2005,  we  entered  into a five-month contract with Mandalay Sports
Action  Entertainment,  LLC  ("Mandalay")  and  Ascott  Group,  Inc.  to provide
promotion and media relation services for The WGL Million Dollar Shootout, which
contract  has  been  completed  to date. Mandalay's fee was $100,000, payable in
five monthly installments from October 2005 through February 2006, which fee has
been  paid to date. Ascott's fee is 30,000,000 shares of our common stock, which
shares  have  been  issued  to  Ascott  to  date.

The  WGL  Million Dollar Shoot Out (MDSO) is under final review by several major
network  outlets.  We  hope  to  have  a  US distribution contract no later than
September  30,  2006,  for  airing late Fall 2006 or early Winter 2007, of which
there  can  be  no  assurance.  Additionally,  we  hope  to  have a contract for
distribution  in the United Kingdom no later than September 30, 2006, to air the
MDSO  in the Fall of 2006, of which there can be no assurance.  The MDSO is also
in  final  review  for airing in the Asian market, which we hope to finalize and
prepare  for  broadcast during the Fall season of 2006, of which there can be no
assurance.  WGL Entertainment plans to produce at least 2 additional MDSO's.  It
is  anticipated  that  these episodes will air in the Summer of 2007 and Fall of
2007, assuming we have sufficient funds to film and produce such episodes and we
are  able to enter into distribution agreements in connection with such episodes
of  which  there  can  be  no  assurance.

WGL  Entertainment  plans  to  produce  "Hot  Days  and  Hot  Nights", a reality
entertainment  series  which includes four professional female golfers and three
bachelors on each team.  Each team will golf during the day for points and party
at  night  in  Las Vegas for additional points.  Winners will be determined by a
combination of their golfing abilities and night life party ability.  We believe
that  this  series will have broad appeal to both golfers and non golfers alike.
Currently  the  series is planned to be shot in Las Vegas in the Winter of 2007.

AMENDMENT  AGREEMENT

With  an  effective  date  of  January  2,  2006,  we  amended  the  Convertible
Debenture,  Securities  Purchase  Agreement,  Warrant Agreement and Registration

                                      -12-
<PAGE>

Rights  Agreement  entered into  with  DLC  in October 2005, to amend the number
of  warrants  granted  to  DLC  under  the  Warrant  Agreement from five hundred
million  (500,000,000)  warrants to two  hundred  million (200,000,000) warrants
and  to change the exercise price of such  warrants  to  $0.0015 per share.  The
changes  to  the DLC funding documents affected  by  this  amendment  have  been
reflected  throughout  this Form 10-QSB, unless otherwise stated.  We anticipate
filing  an amended Form SB-2 Registration Statement subsequent to this filing to
amend  our  previous  Form  SB-2  Registration  Statement  to  include  these
additional  warrant  shares.

On  April  3,  2006,  Robert  Muir,  III, subscribed to purchase an aggregate of
58,460,543  shares  of  our  common  stock for $0.00035 per share, for aggregate
consideration  of  $20,461.

On  June  4,  2006, the 2004 debentures issued to Golden Gate became due and the
outstanding  balance  is $144,506 with six months accrued interest of $5,093. We
anticipate repaying the Golden Gate debenture with funds we anticipate receiving
from  DLC  in  connection  with  the  Closing  (as  defined  below).

SERIES  A  PREFERRED  STOCK

On  April  28,  2006,  we  filed  an  Amended Certificate of Designations of our
Series  A  Preferred Stock ("Amendment") with the Secretary of State of Delaware
to increase the number of authorized shares of our Series A Preferred Stock from
one million (1,000,000) shares as was provided under the original designation to
five million (5,000,000) shares of Series A Preferred Stock, which Amendment was
approved  by  the  unanimous  consent  of  our  Board of Directors.  On June 30,
2006,  we filed an Amended Certificate of Designations to our Series A Preferred
Stock  with the Secretary of State of Delaware to increase the number authorized
shares  of  our Series A Preferred Stock from five million (5,000,000) shares of
Series  A  Preferred  Stock  to  ten  million  (10,000,000)  shares  of Series A
Preferred Stock, which designations was approved by the unanimous consent of our
Board  of  Directors.

The  original  Certificate  of  Designation  establishing  the  designations,
preferences, limitations and relative rights of our Series A Preferred Stock was
filed  with the Secretary of State of Delaware on September 30, 2003. Subsequent
to  September  2003,  the  Board of Directors approved the issuance of 1,000,000
shares  of  Series  A Preferred Stock to Michael S. Pagnano in consideration for
services  rendered  to  the  Company  as  its  Chief  Executive  Officer.

The  Series  A  Preferred  Stock ranks senior to any shares of common stock with
respect  to  distributions  upon  liquidation,  dissolution  or  winding  up,
except  as  limited  below.  The  holders  of  the Series A Preferred Stock are:

     o    not  entitled  to  receive  any  dividends  paid  on  common  stock;

     o    not entitled  to  receive  out  of  our  assets  available  for
          distribution  any  distribution  of assets in the event of a voluntary
          and/or  involuntary  liquidation,

     o    entitled  to  elect  one  director,  voting  separately as a class, as
          provided  in  the  Certificate  of  Designations;

                                      -13-
<PAGE>

     o    able to  redeem  any  or  all  of  the  outstanding shares of Series A
          Preferred Stock at a per share redemption price of $0.05 per share (or
          $250,000  in  aggregate);  and

     o    not  able  to convert the preferred stock into shares of common stock.

Additionally,  while  the  Series  A Preferred Stock is outstanding, we may not,
without  the  affirmative  vote  of 66 and 2/3% of all the outstanding shares of
Series  A  Preferred  Stock,  voting  separately  as  a  class,  amend, alter or
repeal  any  provision  of  our  certificate of incorporation or bylaws, if such
change  would adversely affect the rights of the Series A Preferred Stock or any
reclassification  of the Series A Preferred Stock; or amend, alter or repeal any
provision  of  the  Statement  of  Designations of the Series A Preferred Stock.

Each  share  of  Series  A  Preferred  Stock is able to vote three hundred (300)
shares  of  our  common  stock.

On  May  1,  2006,  our  Board  of Directors unanimously approved via consent to
action  without  a  meeting,  the  issuance  to  our Chief Executive Officer and
Director, Michael S. Pagnano, of four million (4,000,000) shares of our Series A
Preferred  Stock.  Mr. Pagnano previously held one million (1,000,000) shares of
our  Series  A  Preferred  Stock.  On  July  5,  2006,  our  Board  of Directors
unanimously  approved  the issuance to Mr. Pagnano of an additional five million
(5,000,000)  shares  of Series A Preferred Stock.  As a result of the additional
issuances,  he  now  holds ten million (10,000,000) shares of Series A Preferred
Stock,  which  entitles  him to vote three billion (3,000,000,000) shares of our
common  stock  (with  each share of Series A Preferred Stock having the right to
vote  three  hundred (300) shares of our common stock). As a result, Mr. Pagnano
has  the  right  to vote 3,040,662,518 shares of our common stock (3,000,000,000
shares  in  connection  with  his ownership of 10,000,000 shares of our Series A
Preferred Stock, which shares of Series A Preferred Stock are each above to vote
300 shares of our common stock; 37,219,368 shares of common stock which he holds
individually,  and 3,443,150 shares of common stock held by Mr. Pagnano's wife),
representing  approximately  55.3%  of our common stock as of the filing of this
report,  based  on  5,499,994,293  voting  shares  (which  number  includes  the
3,000,000,000  shares  Mr. Pagnano can vote due to his ownership of our Series A
Preferred  Stock  and  2,499,994,293  shares  of  our  common  stock  issued and
outstanding  as  of  August  14,  2006).

                                 NEW DLC FUNDING
                                -----------------

We  and  DLC  Capital  Group,  LLC  ("DLC")  entered  into a Securities Purchase
Agreement  dated as of May 18, 2006 (the "Closing" and the "Purchase Agreement")
whereby  we  agreed  to  sell  an  aggregate  of  $400,000  in convertible notes
("Convertible  Notes"  or  "Notes")  and  up to 700,000,000 warrants to purchase
shares  of  our  common  stock  at  an exercise price of $0.004 ("Stock Purchase
Warrants"  or "Warrants"). At the Closing, we sold DLC a Convertible Note in the
principal  amount of one hundred and forty five thousand dollars ($145,000) (the
"Note")  and  a  Stock  Purchase Warrant to purchase an aggregate of 253,750,000

                                      -14-
<PAGE>

shares  of  our  common  stock at an exercise price of $0.004 per share. We also
granted  DLC registration rights to the shares the Note is convertible into; the
shares  the  Warrant  is  exercisable  for  pursuant  to  a  Registration Rights
Agreement,  and  the  shares of common stock issuable upon the conversion of the
additional  notes  and additional warrants we agreed to sell to DLC as described
below,  pursuant  to  a  Registration  Rights  Agreement  (the  "Registration
Agreement").

Additionally,  DLC  agreed  that  upon  the  filing  of a Registration Statement
covering  the  Note,  it would purchase additional Notes (the "Filing Notes") in
the  aggregate  principal  amount  of  fifty-five thousand dollars ($55,000) and
additional  warrants  (the  "Filing  Warrants")  to  purchase  an  aggregate  of
96,250,000  shares  of  Common Stock, with the closing of such purchase to occur
within  five  (5)  days  of the filing date of the Registration Statement and to
purchase  additional notes (the "Effectiveness Notes" and, collectively with the
Filing  Notes,  the "Additional Notes") in the aggregate principal amount of two
hundred  thousand dollars ($200,000) and additional warrants (the "Effectiveness
Warrants" and, collectively with the Filing Warrants, the "Additional Warrants")
to  purchase  an  aggregate  of  350,000,000  shares  of  Common  Stock upon the
effectiveness  of  the Registration Statement, with the closing of such purchase
to occur within five (5) days of the date the Registration Statement is declared
effective  by  the  Commission.  The  terms  of  the  Additional  Notes  and the
Additional  Warrants  shall be identical to the terms of the Notes and Warrants.
The  Common  Stock  underlying  the  Notes  and  Warrants, as well as additional
amounts  of  shares in connection with the conversion of accrued interest on the
Notes,  as  provided  in  the  Notes, are referred to herein as the "Registrable
Securities,"  and  shall  be  included in the Registration Statement to be filed
pursuant  to  the  Registration  Rights  Agreement.

Pursuant  to  the  Purchase  Agreement, we agreed that we would not, without the
prior  written  consent  of  DLC, negotiate or contract with any party to obtain
additional  equity financing (including debt financing with an equity component)
that involves (A) the issuance of common stock at a discount to the market price
of  the  common  stock  on the date of issuance; (B) the issuance of convertible
securities that are convertible into an indeterminate number of shares of common
stock;  or  (C)  the  issuance  of  warrants  during the period beginning on the
Closing,  and ending on the later of (i) two hundred seventy (270) days from the
Closing,  or  (ii)  one hundred eighty (180) days from the date the Registration
Statement  which  we  are  required  to file pursuant to the Registration Rights
Agreement  is  declared effective by the Securities and Exchange Commission (the
later  period  being  the "Lock-up Period"). Additionally, we agreed, subject to
certain exceptions provided in the Purchase Agreement, to not conduct any equity
financing  (including debt with an equity component) during the period beginning
on  the  Closing,  and  ending two (2) years after the end of the Lock-up Period
unless  we  previously  deliver  to  DLC written notice describing the terms and
conditions  of  the  proposed  future  offering, and provide DLC fifteen days to
purchase  its  pro  rata  share  as calculated in the Purchase Agreement, of the
securities  being  offered  in  the  future  offering  on  the  same  terms  as
contemplated  by  such  future offering, which right was further modified by the
Right  to  Match  provision  of  the  Notes,  described  below.

We  also agreed to grant DLC 40,000,000 shares of our restricted common stock as
a  commitment  fee  in  connection  with  the  Closing  of  the  funding.

As  of  the  date  of  this  filing,  we  have  sold an aggregate of $190,000 in
Convertible  Notes to DLC, which includes the $145,000 in Convertible Notes sold
to  DLC at the Closing and an additional $45,000 of the Filing Notes (as defined

                                      -15-
<PAGE>

above)  sold  to DLC in advance of the filing date of our Form SB-2 Registration
Statement. As a result of this advance, we only anticipate selling approximately
$10,000  in  Convertible  Notes to DLC in connection with the filing of our Form
SB-2  Registration  Statement  and  will  receive  the  final  $200,000 upon the
effectiveness  date  of  such  Form  SB-2.

CONVERTIBLE  NOTE
-----------------

The  $145,000  Note  bears  interest at the rate of ten percent (10%) per annum,
payable  each  month in arrears until due on May 18, 2009 ("Maturity Date"). Any
amount  of principal or interest not paid on the Maturity Date bears interest at
the  rate  of  fifteen  15%  per  annum  from  the  Maturity  Date  until  paid.
Additionally,  the  Note  is  convertible into shares of our common stock at any
time prior to the Maturity Date, as described below, provided that DLC shall not
be  able to convert any portion of the Note into shares of common stock, if such
conversion would result in beneficial ownership by DLC of more than 4.99% of our
then  outstanding  shares  of  common  stock.  The Note may not be prepaid by us
without  the  consent  of DLC. The additional Notes described above to be issued
subsequent  to  the  Closing will have the same terms and conditions as the Note
issued  on  the  Closing,  and  such  Notes will be due and payable on the third
anniversary  of  their  issuance  date.

The  Notes  are convertible into shares of our common stock at the lesser of (i)
$0.15  per  share,  (ii)  seventy  percent  (70%) of the average of the five (5)
lowest  volume weighted average price ("VWAPs") trading days of our common stock
during  the  20  most  recent  completed trading days of the common stock on the
OTCBB,  prior to the date of conversion, (iii) seventy percent (70%) of the VWAP
of  our  common  stock  for  the  most  recent  completed  trading  day prior to
conversion,  or  (iv) seventy percent (70%) of the most recent closing bid price
of  our  common stock prior to the conversion. Notwithstanding the foregoing, in
the  event that the conversion price in effect is less than $0.001 (the "Minimum
Conversion Price"), then the Holder shall not be entitled to convert any portion
of  the  Notes,  unless  we  waive  such  Minimum  Conversion  Price.

If an Event of Default occurs under the Notes (as describe and defined therein),
DLC may cause the Notes to be immediately due and payable and to force us to pay
it  an amount equal to the greater of 150% of the amount remaining to be paid on
the  Notes  (the  "Default  Sum"), or (a) the highest number of shares of common
stock  issuable  upon  conversion  of  the Default Sum, treating the trading day
immediately preceding the date on which DLC has requested payment of the Default
Sum  as  the "Conversion Date" for purposes of determining the lowest applicable
Conversion  Price,  multiplied  by  (b) the highest closing price for our common
stock  during  the period beginning on the date of first occurrence of the Event
of  Default  and  ending  one  day  prior to the date on which DLC has requested
payment  of  the Default Sum (the "Default Amount"). Additionally, if we fail to
pay  the Default Amount within five (5) business days of the date written notice
that  such  amount is due and payable is given by DLC, then DLC has the right at
any  time,  so  long as we remain in default (and so long and to the extent that

                                      -16-
<PAGE>

there  are sufficient authorized shares), to require us, upon written notice, to
immediately  issue,  in  lieu of the Default Amount, the number of shares of our
common stock equal to the Default Amount divided by the Conversion Price then in
effect.

STOCK  PURCHASE  WARRANT
------------------------

In  connection with the Purchase Agreement, we sold DLC a Warrant to purchase up
to  253,750,000  fully  paid and nonassessable shares of our common stock, at an
exercise  price per share equal to $0.004 (the "Exercise Price"). The Warrant is
exercisable  at  any  time  or from time to time before 6:00 p.m., New York, New
York time on the third (3rd) anniversary of the date of issuance of the Warrant,
May 18, 2009 (the "Exercise Period"). The additional Warrants described above to
be  issued  subsequent to the Closing will have the same terms and conditions as
the  Warrant  issued on the Closing, and such Warrants will be exercisable until
the  third  anniversary  of  their  issuance  date.

The  Warrant  includes  a  provision, whereby if we issue or grant any warrants,
rights  or  options, whether or not immediately exercisable, to subscribe for or
to  purchase  common  stock or other securities convertible into or exchangeable
for  common stock; subdivide or combine our common stock at any time the Warrant
is outstanding; consolidate or merge with another company; distribute our assets
in  a partial liquidation or winding up, the exercise price and amount of shares
which  the  Warrant is convertible into is automatically adjusted as provided in
the  Warrant.

Additionally,  the  Warrant contains a cashless exercise feature, whereby if the
resale  of  the shares underlying the Warrant is not then registered pursuant to
an effective registration statement under the Securities Act, the Warrant may be
exercised  by a cashless exercise, in lieu of paying the Exercise Price in cash,
and  DLC  is  able  to surrender the Warrant for that number of shares of common
stock determined by multiplying the number of shares to which it would otherwise
be entitled, by a fraction, the numerator of which is the difference between the
then  market price per share of our common stock and the Exercise Price, and the
denominator of which is the then market price per share of our common stock. For
example, if DLC is exercising 100,000 Warrants with a per Warrant exercise price
of  $0.15  per  share  through  a cashless exercise when the market price of our
common  stock  is  $0.25 per share, then upon such cashless exercise DLC will be
able  to  receive  40,000  shares  of  our  common  stock.


REGISTRATION  RIGHTS  AGREEMENT
-------------------------------

The  Registration  Rights  Agreement  provides  that we shall prepare and file a
Registration  Statement with the Securities and Exchange Commission covering the
shares convertible into common stock in connection with the Note and exercisable
into  shares  of  common stock in connection with the Warrant within thirty (30)
days  of  the  Closing  date. Additionally, we agreed to use our best efforts to
obtain  effectiveness  of  such Registration Statement as soon as possible after
such  filing, but in no event later than ninety (90) days from the Closing date.

                                      -17-
<PAGE>

Additionally,  pursuant to the Registration Statement, we agreed to use our best
efforts  to  obtain  effectiveness  of  the  Registration  Statement  as soon as
practicable.  If  (i)  the  Registration  Statement  covering  the  Registrable
Securities  required  to  be filed by us is not filed within thirty (30) days of
the  Closing  date,  or declared effective by the SEC on or prior to one hundred
twenty  (120)  days  from  the  Closing  date,  or  (ii)  after the Registration
Statement  has  been  declared  effective  by  the  SEC,  sales  of  all  of the
Registrable Securities cannot be made pursuant to the Registration Statement, or
(iii)  our  common  stock  ceases  to be listed or included for quotation on the
Over-The-Counter  Bulletin  Board, or another market or exchange as described in
the Registration Rights Agreement, then we agreed to make a payment to DLC in an
amount  equal to $10,000 for each 30-day period or any portion thereof following
the  date  which  we agreed that such Registration Statement would be filed with
the  SEC,  or  the date that we agreed that such Registration Statement would be
declared  effective  with the SEC, provided, however, that such payment will not
exceed  $50,000  in  the  aggregate.  We  agreed that these payments would be in
partial  compensation  to  DLC, and that such payments will not constitute DLC's
exclusive  remedy  for  such  events.  Additionally, we agreed that the payments
described  above  would  be  made  to  DLC  in  cash.

                                SUBSEQUENT EVENTS
                                -----------------

Effective  August  1,  2006, we entered into a thirty-six (36) month, renewable,
Executive  Employment  Agreement  with Michael S. Pagnano, to serve as our Chief
Executive  Officer,  President, Secretary, Treasurer and Chief Financial Officer
(the "Employment Agreement").  Pursuant to the Employment Agreement, Mr. Pagnano
is  to  receive  a salary of $20,000 per month for the first year he is employed
pursuant  to the Employment Agreement (August 1, 2006 to July 31, 2007); $23,000
per  month for the second year he is employed (August 1, 2007 to July 31, 2008);
and  $28,150 per month for the third year he is employed (August 1, 2008 to July
31,  2009).

The  Employment  Agreement  also provides that Mr. Pagnano be reimbursed for his
healthcare  expenses  and  that  he be provided a car allowance in the amount of
$1,000  per  month  for the 1st year of the Employment Agreement, $1,200 a month
for  the second year, and $1,500 a month for the third year he is employed by us
pursuant  to  the  Employment  Agreement.  Mr.  Pagnano  is  also  entitled  to
participate  in  any  employee  benefit plan which the Company may adopt and any
incentive  program  or  discretionary  bonus program of the Company which may be
implemented  by  the  Company's  board  of  directors. Mr. Pagnano may renew the
employment agreement for successive one (1) year terms, by providing the Company
with  written  notice  at  least  thirty (30) days, but not more than sixty (60)
days,  before  the  end  of  the  thirty-six  (36)  month  term. Mr. Pagnano may
terminate  his  employment for "good reason" by giving the Company ten (10) days
written  notice if: (i) he is assigned, without his express written consent, any
duties  materially inconsistent with his positions, duties, responsibilities, or
status  with the Company; (ii) his compensation is reduced; or (iii) the Company
does  not  pay  any  material  amount  of  compensation due under the employment
agreement  and  then  fails  either  to  pay such amount within the ten (10) day
notice  period required for termination or to contest in good faith such notice.

                                      -18-
<PAGE>

The  Company  may terminate the employment agreement without cause. In the event
of  termination  for good reason by Mr. Pagnano or without cause by the Company,
the  Company  is  obligated  to  pay  Mr.  Pagnano  a severance payment equal to
$150,000  in  addition  to  all payments of salary earned by Mr. Pagnano through
such  date  of  termination  in  one  lump  sum  payment.

On  August  16,  2006,  Michael  S.  Pagnano,  our  Chief  Executive Officer and
President,  as  well  as  our  majority  shareholder,  approved the filing of an
Amendment  to  our  Certificate  of Incorporation with the Secretary of State of
Delaware,  to  change  our  name  from  "The  World  Golf  League, Inc." to "WGL
Entertainment  Holdings,  Inc."  and  to increase the number of shares of common
stock  that we are authorized to issue to Ten Billion (10,000,000,000) shares of
common  stock,  reauthorized  the  par  value of $.001 per share of common stock
("Common  Stock"),  and reauthorize 10,000,000 shares of "blank check" preferred
stock,  par  value  $.001  per  share("Preferred  Stock").  The Amendment to the
Certificate  of  Incorporation will become effective with the Secretary of State
of  Delaware  on  August  23,  2006.

Distribution  Agreement

In  May  2006,  we  entered  into  a  Television  Distribution  Agreement  (the
"Distribution  Agreement"),  with  The  Television  Syndication  Company,  Inc.
("TSC").  The  Distribution Agreement provides for TSC to perform services to us
as  sole  marketer  and  distributor  of  the MDSO in the US, Canada, the United
Kingdom,  South  Africa, Asia, Australia and the Middle East.  TSC shall receive
base  compensation  (which  varies  depending upon the media broadcasting of the
MDSO) equal to 25% of the gross revenues received from the licensing of the MDSO
in  the  US,  35% of such revenues for licensing  the MDSO in Canada, 50% of the
revenues for licensing the MDSO in any of the other countries in the world.  The
term  of  the  Distribution  Agreement  was  one (1) year, and from year to year
thereafter  if  the  MDSO  generates  and continues to generate revenues, unless
terminated  by  either party by giving the non-terminating party no less than 90
days  notice  of  such intention to terminate.  We have not licensed the MDSO to
any  parties  for  broadcasting to date, nor have we generated any revenues from
the  MDSO  to  date.

                               PLAN  OF  OPERATIONS

During  the remainder of the 2006 fiscal year we hope to enter into distribution
contracts  and/or  distribution contracts for the broadcasting of our previously
produced reality television series, The WGL Million Dollar Shootout. However, at
the time of this filing we do not have a broadcast partner in the U.S. market or
any international markets. We are in discussions with several possible broadcast
partners in both the U.S. and Internationally. Additionally, per the participant
contract,  the  $1,000,000  prize  money  is not due until thirty days after the
final  episode  airs.  We  plan  on  paying  the  prize  money from license fees
received.  However,  if  sufficient fees are not offered, the Company may choose
not  to air The WGL Million Dollar Shootout and will have no further obligations
to pay the prize money. Additionally, we plan to produce a new television series
during  2006,  "Hot  Day's & Hot Night's" ("HDHN"), which we hope to produce and
film  in  2006 and 2007, through WGL Entertainment, our wholly owned subsidiary.

HDHN  is planned to be a television based reality series which will include four
popular  and  single  women from the LPGA tour, who will be teamed up with three
bachelors  each.  We  hope  for  HDHN  to  be something like the LPGA meets "The

                                      -19-
<PAGE>

Bachelor."  Teams will compete during the day on one of Las Vegas's golf courses
and  party  at night in the hottest nightspots in Vegas. A large cash prize will
be  awarded  to  the  winning team who accumulates the most points from both the
golf and party activities. We believe that HDHN will be compelling entertainment
for  a  vast  demographic  of  viewers.

We anticipate the need for approximately $1,000,000 in additional funding during
the next 12-24 months to produce, film and complete post production on the HDHN,
which  funds  we  do  not  currently  have.

CRITICAL  ACCOUNTING  POLICIES  AND  ESTIMATES

Our  discussion  and  analysis  of  our  financial  condition  and  results  of
operations  is  based upon our audited and unaudited financial statements, which
have  been  prepared in accordance with accounting principals generally accepted
in  the United States. The preparation of these financial statements requires us
to  make  estimates  and  judgments  that affect the reported amounts of assets,
liabilities,  revenues  and  expenses,  and related disclosure of any contingent
assets and liabilities. On an on-going basis, we evaluate our estimates. We base
our  estimates on various assumptions that we believe to be reasonable under the
circumstances,  the  results  of which form the basis for making judgments about
carrying  values  of  assets  and liabilities that are not readily apparent from
other  sources.  Actual  results may differ from these estimates under different
assumptions  or  conditions.

We  believe  the  following  critical  accounting  policies  affects  our  more
significant  judgments  and  estimates  used in the preparation of our financial
statements:

Revenue  Recognition
--------------------

Revenue  in  connection  with  The  WGL  Million  Dollar Shootout, any all other
television shows we may choose to produce in the future, will be recognized when
licensing  fees  are  paid  to  the  Company.

Derivative  Valuation
---------------------

The  market  value  of  our derivative liabilities are estimated using a lattice
based  probability  weighted average cash flow model taking into account various
probabilities  relating  to  certain  events  happening.  Our debentures contain
compound  embedded  derivatives  and  our  valuation method incorporates various
assumptions  based on what we believe the likelihood of occurrence to be on each
of  the  derivative  elements.

                                      -20-
<PAGE>

                         COMPARISON OF OPERATING RESULTS

THREE  MONTHS  ENDED  JUNE  30, 2006 COMPARED TO THE THREE MONTHS ENDED JUNE 30,
2005

We  had  no  revenues  for the three months ended  June 30,  2006,  compared  to
revenues of $117,038 for the three months ended June 30, 2005. The  decrease  in
membership  fee  revenue  was  mainly  due  to  decreased  membership  fees  in
connection  with  our  prior  "Play for Pay" business concept, which  membership
fees  were  sold  on  a wholesale basis to corporations. These licenses  require
us  to  manage  a  golf  tournament  hosted  by  and  paid  by  a corporation at
their  sole  expense.  As  of  the  filing  of  this  report,  no  holder of the
memberships  has  contacted  us  about hosting a tournament. As of approximately
January  2005,  we  moved  from the individual "Play for Pay" concept, and as of
December  2005,  we  moved away from the wholesale "Play for Pay" concept. As of
the  filing  of  this  report,  we  are  solely  focused  on the development and
production  of  golf  themed  reality  television  shows.

We  had  total  expenses,  consisting  solely  of  operating,  general  and
administrative  expenses of $1,212,362 for the three months ended June 30, 2006,
compared  to  total  expenses,  consisting  solely  of  operating,  general  and
administrative expenses of $387,900 for the three months ended June 30, 2005, an
increase in total expenses of $824,462 or 212.5% from the prior period. Expenses
for the three months ended June 30, 2006, included payments made on the Mandalay
contract,  described  above,  costs  associated  with  the  marketing of the WGL
Million Dollar Shootout and certain consulting expenses. The main reason for the
increase  in  expenses for the three months ended June 30, 2006, compared to the
three  months  ended  June  30,  2005  was  due  to  the consulting fees paid in
connection  with  the  marketing  of the "Million Dollar Shoot Out" show and the
issuance  of 4,000,000 shares of Series A Preferred Stock to our Chief Executive
Officer, Michael S. Pagnano, during the three months ended June 30, 2006, at its
estimated  market  value  of  $960,000.

We  had  a  net loss from operations for the three months ended June 30, 2006 of
$1,453,632,  compared  to  a net loss from operations for the three months ended
June  30,  2005  of  $352,344,  an  increase  in  net  loss  from  operations of
$1,101,288  from the prior period.  The increase in net loss from operations due
to  the  $824,462  or  212.5%  increase  in consulting expenses and the $117,038
decrease  in  membership  fee  revenue for the three months ended June 30, 2006,
compared  to  the  three  months  ended  June  30,  2005.

We had total other expense of $241,270 for the three months ended June 30, 2006,
compared  to  total other expense of $78,482 for the three months ended June 30,
2005,  representing  an  increase  in  other  expense of $162,788 from the prior
period.  The  increase  in  total  other expenses was mainly attributable to the
$79,335  increase  in interest expense for the three months ended June 30, 2006,
compared  to the prior period, which increase was attributable to the accounting
treatment  of  our  outstanding  Convertible  Debentures,  including  the  DLC
Convertible  Debenture  sold  in  May 2006, which was not outstanding during the
three months ended June 30, 2005. In addition, there was an increase in the loss
on derivative liability from prior period of $15,723 related to the market value
of  our  outstanding  Convertible  Debentures.

                                      -21-
<PAGE>

We  had  a  net  loss  of  $1,453,632  for the three months ended June 30, 2006,
compared  to a net loss of $352,344 for the three months ended June 30, 2005, an
increase  in  net  loss  of  $1,101,288  from the prior period.  The increase in
net  loss  was  caused  by the $824,462 or 212.5% increase in operating, general
and  administrative  expenses,  which  increase  was  mainly attributable to the
value  of  the  Series  A Preferred Stock issued to our Chief Executive Officer,
Michael S. Pagnano during the three  months ended June 30, 2006, compared to the
three  months  ended  June  30,  2005, as there was no corresponding issuance of
stock  during  the  prior  period.

SIX  MONTHS  ENDED  JUNE  30,  2006  COMPARED  TO SIX MONTHS ENDED JUNE 30, 2005

We  recognized  membership  fee  revenue  of  $11,097  and  $424,752 for the six
months  ended  June  30,  2006  and  June  30, 2005, respectively, a decrease of
$413,655  or  97.4%  from  the  prior  period.

The  decrease  in  membership fee revenue was mainly due to decreased membership
fees  in  connection  with  our  prior  "Play  for  Pay" business concept, which
membership  fees  were sold on a wholesale basis to corporations. These licenses
require  us  to  manage a golf tournament hosted by and paid by a corporation at
their  sole  expense.  As  of  the  filing  of  this  report,  no  holder of the
memberships  has  contacted  us  about hosting a tournament. As of approximately
January  2005,  we  moved  from the individual "Play for Pay" concept, and as of
December  2005,  we  moved away from the wholesale "Play for Pay" concept. As of
the  filing  of  this  report,  we  are  solely  focused  on the development and
production of golf themed reality television shows. While we moved away from the
"Play  for Pay" concept in late 2005, certain memberships were sold by us during
the  fourth quarter of 2005 and actually paid by those membership holders during
the first three months of 2006, which payment for prior sold memberships totaled
$11,097.  We  had  no membership fee revenue for the three months ended June 30,
2006  (as  described  above).

Operating,  general  and  administrative  expenses decreased $124,278 or 7.6% to
$1,502,256  for  the  six  months  ended  June  30, 2006, compared to operating,
general  and administrative expenses of $1,626,534 for the six months ended June
30, 2005. The decrease in operating, general and administrative expenses was due
to our change in business strategies away from our "Play for Pay" concept to the
filming,  production  and  promotion  of  The  Million  Dollar  Shootout,  our
reality-based  television  series  and  related  expenses.  The  majority of our
operating, general and administrative expenses for the six months ended June 30,
2006  was due to the issuance of 4,000,000 shares of Series A Preferred Stock to
our  Chief  Executive Officer, Michael S. Pagnano, during the three months ended
June  30,  2006,  at  its  estimated  market  value  of  $960,000.

Net  operating  loss  increased  $278,797 to $1,491,159 for the six months ended
June  30,  2006, compared to net operating loss of $1,201,782 for the six months
ended  June  30,  2005.  The  increase  in  net  operating  loss  was  directly
attributable  to  the  large decrease in membership fee revenue coupled with the
relatively  small  decrease in general and administrative expenses for the three
months  ended  June  30,  2006,  compared  to  the  prior  period.

                                      -22-
<PAGE>

Interest  expense  increased  $495,191  to  $533,845  for  the  six months ended
June  30, 2006, compared to interest expense of $38,654 for the six months ended
June  30,  2005.  The  increase  in  interest expense was due to our issuance of
$250,000  of  convertible  notes  that  bear  interest at a rate of 7% per annum
subsequent  to  June  30,  2005,  as well as the sale of $145,000 in convertible
debentures  to  DLC in May 2006, which debentures accrue interest at the rate of
10%  per  annum  until  paid.

We  had  loss  on derivative liability of $104,686 for the six months ended June
30,  2006,  compared  to  loss  on  derivative liability of $113,189 for the six
months  ended  June  30,  2005,  which  loss  was due to the amortization of the
discounts  related  to  our  convertible  debentures.

Net  loss  increased  $840,798  to $2,129,690 for the six months ended June  30,
2006, compared to net loss of $1,288,895 for the six months ended June 30, 2005.
The  decrease  in  net  loss was primarily attributable to the $413,655 or 97.4%
decrease  in  membership  fee  revenue,  coupled  with  the $495,191 increase in
interest expense for the three months ended June 30, 2006, compared to the three
months  ended  June  30,  2005.

LIQUIDITY  AND  CAPITAL  RESOURCES

We  had  total  assets  of  $702,314 as of June 30, 2006, which assets consisted
of  $5,325  of  current  assets  and  $696,989  of  non-current  assets.  This
represented  an increase in total assets of $6,114 from total assets of $696,200
as  of  December  31,  2005.  The  main reasons for the increase in total assets
were  the  $37,578  increase in  capitalized film production cost to $679,927 as
of June 30, 2006, compared  to  $642,349  of capitalized film production cost as
of  December 31, 2005 offset by the $32,175 decrease in current assets to $5,325
as  of  June  30,  2006,  compared  to  $37,500  as  of  December  31,  2005.

Current  assets  as  of June 30, 2006, consisted of cash and cash equivalents of
$5,325.

Non-current assets as of June 30, 2006, consisted of property and equipment (net
of  accumulated  deprecation of $14,649) of $15,187; capitalized film production
costs of $679,927, which relate to the filming and production of The WGL Million
Dollar  Shootout;  and  other  assets  of  $1,875.

We  had  total  liabilities,  as  of  June  30,  2006 of $1,915,940, compared to
total  liabilities, consisting solely of  current  liabilities,  as  of December
31,  2005  of $2,355,518, a decrease in total  liabilities  of $439,578 from the
prior  period.  The  main  reason for  the  decrease  in  total  liabilities was
the  $903,872  decrease  in convertible  debenture  derivative  liability  as of
June  30,  2006,  compared to December  31,  2005, which decrease was due to the
conversion  of  the  Convertible Debenture  into  shares  of common stock during
the six months ended June 30, 2006,  which was offset by the $80,455 increase in
convertible  debenture,  net of discount,  the $204,326 increase in advance from
related parties, which amount was  advanced  by  our  Chief  Executive  Officer,
Michael  S.  Pagnano,  and the $276,160 increase in long term liabilities for as
of  June  30, 2006, compared to December 31, 2005, which increase was due to the
sale  of  additional  convertible  debentures to DLC during the six months ended
June  30,  2006.

                                      -23-
<PAGE>

Total  current  liabilities as of June 30, 2006 consisted of accounts payable of
$45,546;  accrued  liabilities  of  $79,444;  notes  payable to prize winners of
$277,081,  in  connection  with  amounts owed to prize winners of the 2001 World
Golf  League National Tournament, which notes bear interest at 5% per annum, and
were  due  in  September  2004, and which are currently in default; advance from
related  party of $224,326, which amount is owed to our Chief Executive Officer,
Michael  S.  Pagnano,  which  amount is payable on demand and bears no interest;
convertible debenture (net of discount of $133,525) of $279,911; and convertible
debenture  derivative  liability  of  $733,472.

We  had  negative  working  capital  of  $1,634,455  and  a  total  accumulated
deficit  of  $19,278,746  as  of  June  30,  2006.

We  had  net  cash  used  in operating activities of $579,371 for the six months
ended  June  30,  2006, which was mainly due to $2,129,690 of net loss offset by
$514,610  of amortization of discount on derivative liability in connection with
the  Golden  Gate  and  DLC  Convertible  Debentures  and  $960,000  of non-cash
compensation expense related to the fair market value of the 4,000,000 shares of
Series  A  Preferred  Stock  issued  to  our Chief Executive Officer, Michael S.
Pagnano  during  the  six  months  ended  June  30,  2006.

We  had  $39,600  of  net  cash  used in investing activities for the six months
ended  June  30,  2006,  which  included  $2,082 of purchase of fixed assets and
$37,578  of  increase  in  film  production  costs  relating  to The WGL Million
Dollar  Shootout.

We  had $624,296 of net cash provided by financing activities for the six months
ended  June  30,  2006,  which  was  mainly due to $176,009 of proceeds from the
exercise  of  stock  warrants  by  Golden Gate and DLC, $204,326 of advance from
a  related  party,  which  funds  were  advanced by our Chief Executive Officer,
Michael  S.  Pagnano  and  $190,000  in  net  proceeds received from the sale of
Convertible  Debentures  to  DLC,  as  described  herein.

Our  ability  to  continue  as  a  going  concern  is  dependent  upon  several
factors.  These  factors  include:

     -    our  ability  to  generate  sufficient  cash  flows  to  meet  our
          obligations  on  a  timely  basis;
     -    obtain  additional  financing  or  refinancing  as  may  be  required;
     -    aggressively  control  costs;  and
     -    achieve  profitability  and  positive  cash  flows.

We  believe that we can continue our operations for approximately six (6) months
if no additional funding is raised due to the amounts which DLC has committed to
fund  us, in connection with our entry into the Purchase Agreement, described in
greater  detail  above.  However,  we  anticipate  the  need  for  approximately
$1,600,000  of  additional  financing  to  maintain  our operations for the next
twelve  (12)  months  and  complete the initial stages of development on our two

                                      -24-
<PAGE>

planned  reality television series as described above. There can be no assurance
that  the  money  we  will  require  will be available; if available, will be on
favorable terms; or that such anticipated funding will be sufficient to complete
the  planned  series  and/or  for  us  to  maintain  our  business  operations.

We  are  attempting  to  raise  additional  funds  through  debt  and/or  equity
offerings.  We intend to use any funds raised to pay down debt and to provide us
with  working  capital.  There can be no assurance that any new capital would be
available  to  us  or  that  adequate funds for our operations, whether from our
revenues, financial markets, or other arrangements will be available when needed
or on terms satisfactory to us. Any additional financing may involve dilution to
our  then-existing  shareholders. At this time, no additional financing has been
secured  or  identified,  other than in connection with the Closing with DLC. We
have  no  commitments from officers, directors or affiliates to provide funding.
If  we are unable to obtain debt and/or equity financing upon terms that we deem
sufficiently  favorable,  or  at  all, it would have a materially adverse impact
upon  our  ability  to  pursue  our  business  strategy and maintain our current
operations.  As a result, it may require us to delay, curtail or scale back some
or  all  of  our  operations including the planned production of our new reality
television  series  and /or the distribution of our completed television series,
The  WGL  Million  Dollar  Shootout.  We  do  not currently have commitments for
capital  at  this time, other than the Closing with DLC, described below, and in
greater  detail  above  under  "New  DLC  Funding."

GOLDEN  GATE  INVESTORS,  INC.  FUNDING
 ---------------------------------------

To  obtain  funding  for  our  ongoing  operations, we entered into a Securities
Purchase  Agreement  with  Golden  Gate Investors, Inc., on June 4, 2004 for the
sale  of  (i)  $250,000  in  convertible  debentures  and  (ii)  warrants to buy
2,500,000  shares  of  our  common  stock.  Pursuant to a registration statement
declared  effective  with  the  SEC  on August 5, 2004, we registered 62,000,000
shares  of  common  stock  underlying  the  convertible debentures and 2,500,000
shares  of  common  stock  underlying  the  warrants.  Pursuant  to  an  amended
registration  statement  on Form SB-2, which was declared effective with the SEC
on  February  14, 2005, we registered an additional 550,000,000 shares of common
stock  underlying  the  convertible  debentures.

The  debentures bear interest at 7%, mature two years from the date of issuance,
and  are convertible into our common stock, at the selling stockholder's option.
The  convertible  debentures  are  convertible  into the number of our shares of
common  stock  equal  to  the principal amount of the debentures being converted
multiplied  by  11,  less  the product of the conversion price multiplied by ten
times  the  dollar  amount  of  the  debenture.  The  conversion  price  for the
convertible  debenture  is the lesser of (i) $0.25 or (ii) eighty percent of the
average of the five lowest volume weighted average prices during the twenty (20)
trading  days prior to the conversion. Accordingly, there is in fact no limit on
the number of shares into which the debenture may be converted. In addition, the
selling  stockholder  is obligated to exercise the warrant concurrently with the
submission  of  a  conversion  notice by the selling stockholder. The warrant is
exercisable  into 2,500,000 shares of common stock at an exercise price of $1.00
per  share.

                                      -25-
<PAGE>

Golden  Gate  Investors  has contractually committed to convert not less than 5%
of  the  original  face value of the debenture monthly beginning the month after
the effective date of the first registration statement. Golden Gate Investors is
required  to  exercise  warrants  concurrently with the exercise of a conversion
notice  under  the  debenture  and  is  committed to exercise at least 5% of the
warrants  per  month after the effective date of the registration statements. In
the  event  that  Golden  Gate Investors breaches the minimum restriction on the
debenture  and  warrant,  Golden  Gate Investors will not be entitled to collect
interest  on  the  debenture  for that month. If Golden Gate Investors submits a
conversion  notice and the volume weighted average price is less then $0.012 per
share,  then  we will be entitled to prepay the portion of the debenture that is
being  converted at 150% of such amount. If we elect to prepay, then Golden Gate
Investors  may  withdraw  its  conversion  notice.

Golden  Gate  Investors  has  further  contractually  agreed  to  restrict  its
ability  to  convert the debenture or exercise their warrants and receive shares
of our common stock such that the number of shares held by Golden Gate Investors
and its affiliates after such conversion or exercise does not exceed 4.9% of the
then  issued  and  outstanding  shares  of  our  common  stock.

During  the  six  months  ended  June  30, 2006, Golden Gate did not convert any
of its debentures. The  face  value  of  the  debentures  held by Golden Gate at
June  30,  2006  was  $144,506.

DLC  CAPITAL  GROUP,  LLC  FUNDING
------------------------------------

On  October  13,  2005,  we  entered  into  a  Securities Purchase Agreement, as
amended,  with  DLC  Capital  Group, LLC ("DLC") for the sale of (i) $700,000 in
convertible debentures and (ii) warrants to buy 200,000,000 shares of our common
stock  at  an  exercise  price  of  $0.0015  per share, which warrants expire in
November  2008.  In  addition,  we issued 22,500,000 shares of restricted common
stock  with  "piggy-back" registration rights to DLC as a commitment fee. We and
DLC  also  entered  into  a  Registration  Rights Agreement pursuant to which we
agreed  to  register  the  resale  of  the  common stock issued or issuable upon
conversion  of  the  debenture  and/or exercise of the warrants. Pursuant to the
Securities  Purchase  Agreement,  DLC  was  obligated  to  provide  use  with an
aggregate  of  $700,000  as  follows:

     o    $250,000  was  disbursed  on  October  13,  2005;
     o    $150,000  was  disbursed  on  October  26,  2005;
     o    $100,000  was  disbursed  on  November  4,  2005  after  we  filed  a
          registration  statement  with  the  Securities and Exchange Commission
          (the  "SEC");  and
     o    $200,000  was  disbursed  in  November  2005.

Accordingly,  we  have  received  all $700,000 of the funding in connection with
the  Securities  Purchase  Agreement.

In  the  event  that  we  are  prohibited  from issuing common stock, or fail to
timely deliver common stock, or upon the occurrence of an event of default under
the debenture, then at DLC's election, we must pay DLC 150% of the amount of the

                                      -26-
<PAGE>

debenture together with accrued but unpaid interest ("Mandatory Redemption"). If
we  are  delayed  in the delivery of the common stock upon the conversion of the
debenture  or  the payment upon Mandatory Redemption, we have agreed to pay late
payments  to  DLC  in  the  amount  of $100 per business day for each $10,000 of
debenture  principal  amount  being  converted  or  redeemed.

Pursuant  to the Securities Purchase Agreement, DLC has contractually agreed not
to  engage  in  short  sales of our common stock, or sell put options or similar
instruments  with  respect  to  our  common  stock  so  long as the debenture is
outstanding.  DLC  is entitled to a right of first refusal prior to us incurring
any  additional debt through third party financing to enable DLC to either match
the  terms  of the other financing or add additional principal to the debenture.
If  DLC  does  not  exercise  this  right of first refusal, DLC has the right to
demand  repayment  of  one  hundred  fifty  percent  (150%)  of  the outstanding
principal and accrued interest on the debenture as a pre-condition to us closing
the third party debt financing. So long as the debenture is outstanding, we have
agreed,  to  the fullest extent allowable under our previous debt financing with
Golden  Gate Investors, Inc. (as described above), to prepay that portion of the
previous  debt  financing  that  Golden  Gate  Investors  elects  to  convert.

Convertible  Debenture
-----------------------

On  October  13,  2005,  we  issued  a  convertible  debenture  to  DLC  in  the
aggregate  principal  amount of $700,000. The debenture bears interest at a rate
of  eight  percent (8%) per annum, calculated on the basis of a 360-day year for
the  actual number of days elapsed, which interest is due and payable monthly in
arrears  on  the  15th  day  of  each  month  the  debenture  is  outstanding.

The  debenture  is payable on October 12, 2007. The interest on the debenture is
payable  in  cash  or,  at  the option of DLC, in shares of our common stock. We
cannot  prepay  the  debenture  unless  we  obtain  the  written consent of DLC;
however,  pursuant  to  the  Securities Purchase Agreement, we may, at any time,
redeem  for  cash all or any part of the debenture and any accrued interest at a
price  equal  to one hundred fifty percent (150%) of the then outstanding amount
of  principal  and  accrued  interest.

The  debenture  may be converted at any time at DLC's option, either in whole or
in  part,  into  shares  of  our  common  stock;  however, DLC has contractually
agreed to restrict its ability to convert its debenture or exercise its warrants
and  receive shares of our common stock such that the number of shares of common
stock  held  by them and their affiliates after such conversion or exercise does
not exceed 4.99% of our issued and outstanding common stock, for a period of one
year  from  the  date of issuance of the convertible debentures and 9.99% at any
time  thereafter.

DLC  may  request  conversion  of  any  interest  on  the debenture in lieu of a
payment  of interest in cash. At the time of conversion, we must pay DLC in cash
any  accrued  and unpaid interest on the debenture being converted which, at the
option  of DLC, has not been included in the conversion. The number of shares of

                                      -27-
<PAGE>

common  stock  into which the debenture or interest may be converted is equal to
the  dollar  amount  of the debenture or interest being converted divided by the
applicable  conversion  price.

For  purposes  of  the  debenture,  the  "conversion price" is the lesser of (i)
$0.25;  (ii)  seventy  percent  (70%)  of  the average of the five lowest volume
weighted  average prices during the twenty trading days prior to the conversion;
or  (iii)  seventy  percent  (70%)  of  the volume weighted average price on the
trading day prior to the conversion. If any portion of the principal or interest
on  the  debenture is not paid within ten (10) days of the date it is due, then,
as a late payment penalty, the percentages in (i) and (ii), above, will decrease
by one percentage point for all conversions of the debenture thereafter. DLC has
agreed  that it will convert at least five percent (5%) of the face value of the
debenture into shares of common stock each month. If DLC converts more than five
percent  (5%)  of  the  debenture  in  any calendar month, the excess conversion
amount  will  be credited against the next month's minimum conversion amount. If
DLC converts less than five percent (5%) of the debenture in any month, DLC will
not  be  entitled  to  collect  interest  on  the debenture for that month if we
provide  DLC written notice, at least five business days prior to the end of the
month  of  DLC's  failure to convert the minimum required amount of common stock
for  that  month.

If  at  any  time  during any calendar month (iii) above falls below $0.001, DLC
will  not  be  obligated  to  convert  any  portion of the debenture during that
month.  If DLC elects to convert on a day that the volume weighted average price
is  less then $0.001 per share, then we will have the right to prepay the amount
that  is  being converted, plus any accrued and unpaid interest, at 150% of such
amount;  however,  if we elect to prepay in this situation, DLC has the right to
withdraw the notice of conversion. Accordingly, there is in fact no limit on the
number  of  shares  into  which  the  debenture  may  be  converted.

If  an  event  of default occurs under the debenture and is continuing, then and
in  every  such  case  DLC  may,  by  a  notice  in  writing  to us, rescind any
outstanding  request  for  conversion  and  declare  that  all  amounts owing or
otherwise  outstanding  under  the  debenture are immediately due and payable in
cash  at  a price of one hundred fifty percent (150%) of the principal amount of
the debenture, together with all accrued and unpaid interest thereon to the date
of  payment.

During  the  six  months  ended  June  30,  2006,  we  issued  approximately
141,400,000  shares  of  common  stock  in  connection  with  the  conversion of
approximately  $67,739  of  the  outstanding  debentures  held by DLC.  The face
value of the remaining  amount  of  the  DLC  debenture  at  June 30,  2006  was
$68,930.

MAY  2006  DLC  FUNDING
-----------------------

We and DLC entered into a Securities Purchase Agreement dated as of May 18, 2006
(the  "Closing"  and  the  "Purchase  Agreement")  whereby  we agreed to sell an
aggregate  of $400,000 in convertible notes ("Convertible Notes" or "Notes") and
up to 700,000,000 warrants to purchase shares of our common stock at an exercise
price  of  $0.004  ("Stock Purchase Warrants" or "Warrants"). At the Closing, we

                                      -28-
<PAGE>

sold  DLC  a  Convertible  Note in the principal amount of one hundred and forty
five  thousand  dollars  ($145,000) (the "Note") and a Stock Purchase Warrant to
purchase  an  aggregate of 253,750,000 shares of our common stock at an exercise
price  of  $0.004  per  share.

Additionally,  DLC  agreed  that  upon  the  filing  of a Registration Statement
covering  the  Note,  it would purchase additional Notes (the "Filing Notes") in
the  aggregate  principal  amount  of  fifty-five thousand dollars ($55,000) and
additional  warrants  (the  "Filing  Warrants")  to  purchase  an  aggregate  of
96,250,000  shares  of  Common Stock, with the closing of such purchase to occur
within  five  (5)  days  of the filing date of the Registration Statement and to
purchase  additional notes (the "Effectiveness Notes" and, collectively with the
Filing  Notes,  the "Additional Notes") in the aggregate principal amount of two
hundred  thousand dollars ($200,000) and additional warrants (the "Effectiveness
Warrants" and, collectively with the Filing Warrants, the "Additional Warrants")
to  purchase  an  aggregate  of  350,000,000  shares  of  Common  Stock upon the
effectiveness  of  the Registration Statement, with the closing of such purchase
to occur within five (5) days of the date the Registration Statement is declared
effective  by  the  Commission.  The  terms  of  the  Additional  Notes  and the
Additional  Warrants  shall be identical to the terms of the Notes and Warrants.
The  May  2006  Closing with DLC is described in greater detail above under "New
DLC  Funding."

Of  the  money  received in connection with the sale of the $400,000 in Notes to
DLC,  we  received $20,000 upon our entry into the term sheet in connection with
the  May  2006  Closing,  which  amount  was  paid  to  Mandalay  Entertainment
("Mandalay")  in  connection  with  the  final payment on a contract we had with
Mandalay;  we  received  $75,000  on April 7, 2006, which amount we have paid to
Convergence  File  &  Television,  Inc.,  our production partner  in  connection
with  the filming of The WGL Million Dollar Shootout; we received  $50,000  upon
the  filing  of our 10-KSB for the year ended December 31, 2005; and we received
an  advance of $45,000 subsequent to the filing of our 10-KSB for the year ended
December  31,  2005,  which we used to pay various accrued professional fees and
general  corporate  expenses;  we will receive $10,000 upon the filing of a Form
SB-2  to  register  the shares convertible  into common stock in connection with
the  debenture and will receive the final $200,000  upon  the effectiveness date
of  such  Form  SB-2.

                                  RISK FACTORS
                            -------------------------
                         Risks Relating To Our Business
                       ----------------------------------

WE  HAVE A HISTORY OF LOSSES WHICH MAY CONTINUE, REQUIRING US TO SEEK ADDITIONAL
SOURCES  OF CAPITAL WHICH MAY NOT BE AVAILABLE, REQUIRING US TO CURTAIL OR CEASE
OPERATIONS.

We  had a net loss of $3,020,100 for the year ended December 31, 2005, and a net
loss  of  $2,129,690  for  the  six  months ended June 30, 2006. We had negative
working  capital  of  $1,634,455 and an accumulated deficit of $19,278,746 as of
June  30, 2006. If revenues grow more slowly than we anticipate, or if operating
expenses  exceed  our  expectations  or  cannot be adjusted accordingly, we will
continue  to incur losses. Our possible success is dependent upon the successful
development  and marketing of our services and products, as to which there is no
assurance. Any future success that we might enjoy will depend upon many factors,
including  factors out of our control or which cannot be predicted at this time,
including  changes in or increased levels of competition, including the entry of
additional competitors and increased success by existing competitors, changes in
general  economic  conditions,  increases in operating costs, including costs of
supplies,  personnel  and  equipment,  reduced  margins  caused  by  competitive
pressures  and  other  factors.  These  conditions may have a materially adverse
effect  upon  us  or  may force us to reduce or curtail operations. As discussed

                                      -29-
<PAGE>

below,  we  also  require  additional capital in order to implement our business
plan  without regard to our financing arrangement with DLC. In the event that we
cannot  obtain  additional  financing  or  our financing arrangement with DLC is
terminated,  or  does  not result in adequate capital, there can be no assurance
that  financing will be available in amounts or on terms acceptable to us, if at
all.  The  inability  to  obtain  sufficient  funds  from operations or external
sources  would  require  us  to  curtail  or  cease  operations.

WE  OWE  $1,000,000  TO  THE WINNING TEAM OF THE FIRST SEASON OF THE WGL MILLION
DOLLAR  SHOOTOUT, WHICH IF NOT SATISFIED COULD HAVE A MATERIAL ADVERSE EFFECT ON
OUR  BUSINESS  AND  FINANCIAL  CONDITION.

Pursuant  to  our agreements with the contestants in the first season of The WGL
Million  Dollar  Shootout,  we will be liable for $1,000,000 to the winning team
within  thirty  days  after  the broadcast of the final episode. While we do not
currently  have  any distribution agreements in place and/or a scheduled date of
when  such final episode will air, we do not have the $1,000,000 of cash on hand
to  pay  such prize money, if such final episode was to air. We hope to pay this
amount  through licensing and advertising fees paid to us in connection with The
WGL  Million Dollar Shootout, however, there can be no assurance that we will be
able  to  obtain the money to pay such prize money when due. If we are unable to
pay  the  prize money when due, it could have a materially adverse effect on our
business  and  financial  condition.  Additionally,  if we are unable to pay the
prize  money  to  the winners of the WGL Million Dollar Shootout, our reputation
could  be  adversely  effected,  which  could  make  it harder for us to produce
television  shows  in  the future, and could ultimately lead to our common stock
becoming  worthless.


IF  WE  ARE  UNABLE TO OBTAIN ADDITIONAL FUNDING OUR BUSINESS OPERATIONS WILL BE
HARMED  AND  IF WE DO OBTAIN ADDITIONAL FINANCING OUR THEN EXISTING SHAREHOLDERS
MAY  SUFFER  SUBSTANTIAL  DILUTION.

It  is  imperative  that  we  raise  additional  capital to stay in business. We
require  additional capital of approximately $280,000 to satisfy the obligations
of our past tournament winners which obligation became due in September 2004. We
anticipate  the need for approximately $1,000,000 of additional capital in order
to  continue  our  business operations, implement our business plan and complete
the  filming  and  production of our planned reality television show during 2006
and  2007.  Without this additional capital, the Company believes that it cannot
operate  at  its  current level of liquidity for more than approximately six (6)
months.  The Company is taking steps to raise additional debt or equity capital.

                                      -30-
<PAGE>

There  can be no assurance that any new capital will be available to the Company
or  that adequate funds for the Company's operations, whether from the Company's
revenues, financial markets, or other arrangements will be available when needed
or  on  terms  satisfactory to the Company. Any additional financing may involve
dilution  to  the  Company's  then-existing shareholders. At this time, no other
additional  financing  has  been  secured  or  identified.  The  Company  has no
commitments from officers, directors or affiliates to provide funding. If we are
unable  to  obtain  debt  and/or equity financing upon terms that our management
deems  sufficiently  favorable,  or  at  all, it would have a materially adverse
impact upon our ability to pursue our business strategy and maintain our current
operations.

WE  MAY  NOT  BE  ABLE  TO  SECURE A NETWORK CONTRACT FOR THE WGL MILLION DOLLAR
SHOOTOUT.

We  have  produced  The  WGL Million Dollar Shootout, a reality-based television
show,  during 2005 and the first quarter of 2006. We have not obtained a network
contract  to  broadcast  the  show.  Our lack of experience producing television
shows  could  prevent  us from being successful in this new business venture. In
the  event  that  we  cannot  obtain a network contract to broadcast the show or
obtain  adequate  funds  from debt or equity financing or from sponsorship, will
have a material adverse effect on our financial condition, liquidity and results
of  operations. As a result, we may be forced to curtail or abandon our business
plan  and  our  common  stock  may  become  devalued  and/or  worthless.

WE  ARE IN DEFAULT ON NOTES THAT WE ISSUED TO THE WINNERS OF THE 2001 WORLD GOLF
LEAGUE  NATIONAL  TOURNAMENT.

We entered into a Stipulated Injunction with the State of Florida, Office of the
Attorney  General  in July 2003, regarding a settlement of our unpaid obligation
to  the  winners  of  the 2001 World Golf League National Tournament. During the
fiscal year ended December 31, 2003, we executed notes payable to the winners of
the  2001  World  Golf  League  National Tournament for an aggregate of $300,000
bearing  interest  at  5% per annum. The notes became due in September 2004, and
the  remaining  balance  owed  as of June 30, 2006 of $280,081 is in default. As
discussed  under  the  heading  "Legal  Proceedings,"  an individual has sued us
alleging that they are one of the winners of the 2001 World Golf League National
Tournament  holding  one  of  the  notes  which  is  in default in the amount of
$22,500,  and  such individual has obtained a default judgment against us in the
amount  of  $22,500. Other plaintiffs may file lawsuits against us regarding the
notes.  If this plaintiff, or other plaintiffs who may sue us, are successful on
the  merits  of  their  cases,  it  could  have a material adverse effect on our
financial  condition,  liquidity  and  results  of  operations.

THE  ISSUANCE  OF  SHARES  UPON  CONVERSION  OF  THE  DEBENTURES AND EXERCISE OF
OUTSTANDING  WARRANTS  MAY  CAUSE  IMMEDIATE  AND  SUBSTANTIAL  DILUTION  TO OUR
EXISTING  STOCKHOLDERS.

The  issuance  of  shares  upon  conversion  of  the  Debentures and exercise of
Warrants  may  result  in  substantial  dilution  to  the  interests  of  other
stockholders  since  the holders may ultimately convert and sell the full amount
issuable  on  conversion.  Although the holders may not convert their Debentures
and/or  exercise  their Warrants if such conversion or exercise would cause them
to own more than 4.9% of our outstanding common stock, this restriction does not
prevent the holders from converting and/or exercising some of their holdings and
then  converting the rest of their holdings. In this way, the holders could sell

                                      -31-
<PAGE>

more than this limit while never holding more than this limit. There is no upper
limit  on  the number of shares that may be issued which will have the effect of
further  diluting  the proportionate equity interest and voting power of holders
of  our  common  stock.

OUR  INDEPENDENT  AUDITORS HAVE EXPRESSED SUBSTANTIAL DOUBT ABOUT OUR ABILITY TO
CONTINUE  AS  A  GOING  CONCERN,  WHICH  MAY HINDER OUR ABILITY TO OBTAIN FUTURE
FINANCING.

In  their report dated April 15, 2006, attached to our report on Form 10-KSB for
the  period  ending  December 31, 2005, our independent auditors stated that our
financial statements for the year ended December 31, 2005 were prepared assuming
that  we  would  continue as a going concern. Our ability to continue as a going
concern is an issue raised as a result of recurring losses, including net losses
of $3,020,100 for the year ended December 31, 2005, and a net loss of $2,129,690
for  the six months ended June 30, 2006, negative working capital of $1,634,455,
an  accumulated  deficit  of  $19,278,746  and  total  shareholders  deficit  of
$1213,626 as of June 30, 2006. We continue to experience net losses. Our ability
to  continue  as  a going concern is subject to our ability to generate a profit
and/or  obtain  necessary  funding  from  outside  sources,  including obtaining
additional  funding  from  the  sale  of  our  securities,  increasing  sales or
obtaining  loans  and grants from various financial institutions where possible.
Our  continued  net losses and stockholders' deficit increases the difficulty in
meeting  such  goals and there can be no assurances that such methods will prove
successful.

IF  WE  ARE  NOT  ABLE  TO MANAGE THE GROWTH OF OUR COMPANY WE MAY NEVER ACHIEVE
PROFITABILITY.

Our  success  will depend on our ability to expand and manage our operations and
facilities. There can be no assurance that we will be able to manage our growth,
meet  the  staffing  requirements  of  manufacturing  scale-up or for current or
additional  collaborative relationships or successfully assimilate and train our
new  employees.  In  addition,  to  manage  our  growth  effectively, we will be
required  to  expand our management base and enhance our operating and financial
systems.  If  we continue to grow, there can be no assurance that the management
skills  and  systems currently in place will be adequate or that we will be able
to  manage  any  additional  growth effectively. Failure to achieve any of these
goals  could have a material adverse effect on our business, financial condition
or  results  of  operations.

IF  WE  ARE UNABLE TO RETAIN THE SERVICES OF MR. PAGNANO, OR IF WE ARE UNABLE TO
SUCCESSFULLY  RECRUIT  QUALIFIED  PERSONNEL,  WE MAY NOT BE ABLE TO CONTINUE OUR
OPERATIONS.

Our  success  depends  to a significant extent upon the continued service of Mr.
Michael  S.  Pagnano,  our  Chief Executive Officer. Loss of the services of Mr.
Pagnano  could  have  a  material  adverse  effect  on our growth, revenues, and
prospective  business.  We  do not maintain key-man insurance on the life of Mr.
Pagnano. In addition, in order to successfully implement and manage our business
plan,  we  will  be  dependent upon, among other things, successfully recruiting

                                      -32-
<PAGE>

qualified personnel. Competition for qualified individuals is intense. There can
be  no  assurance  that  we  will  be  able to find, attract and retain existing
employees  or  that  we  will  be  able  to  find,  attract and retain qualified
personnel  on  acceptable  terms.

WE  HAVE  DECIDED  NOT  TO  ISSUE  ADDITIONAL SHARES AS REQUIRED BY THE EXCHANGE
AGREEMENT  TO THE WORLD GOLF FLORIDA SHAREHOLDERS WHO MAY HAVE A POTENTIAL CLAIM
AGAINST  US  FOR  NOT  ISSUING  SUCH  SHARES.

We  could  not determine whether a valid exemption from registration existed for
additional issuances of our common stock to the World Golf Florida shareholders,
and  as  a  result  we  have  decided not to issue any of the shares that we had
previously  agreed  to  issue. The Exchange Agreement stated, in pertinent part,
that  in  the  event  $1,000,000 was not raised by us with the assistance of the
Novus  Shareholders,  the  World  Golf  Florida  shareholders  would  receive an
additional  30,000,000  post-split  shares on a pro rata basis as their original
shares  were  issuable pursuant to the Exchange Agreement. As $1,000,000 was not
raised,  we  contacted  the  World Golf Florida shareholders via mail requesting
that  they  execute  documentation  so  that  we could determine whether a valid
exemption  from  registration  could be met. We received only a minimal response
from  the World Golf Florida shareholders and were unable to determine whether a
valid  exemption  would be satisfied. If any of the World Golf shareholders were
to  pursue  their  rights  under the Exchange Agreement, we could be required to
register  the  additional shares if a valid exemption from registration does not
exist, or we could face potential claims for damages, both of which could have a
material  adverse  effect  on  our  business, financial condition, liquidity and
results  of  operations.

WE  MAY  HAVE  INADVERTENTLY  ISSUED  MORE SHARES THAN WE ACTUALLY REGISTERED ON
FORMS  S-8  DURING  2004  AND  2005,  AND  HAVE  OFFERED  RESCISSION  ON SEVERAL
ISSUANCES.  ADDITIONALLY,  WE  MAY HAVE ISSUED S-8 REGISTERED SHARES DURING 2005
AND  2006,  WHICH SHARES MAY NOT HAVE BEEN ELIGIBLE TO BE ISSUED AS FREE TRADING
PURSUANT  TO  FORM  S-8.

It  has  come to our attention that we may have inadvertently issued more shares
of  our  common  stock  than we actually registered on Forms S-8 during 2004 and
2005, which issuances may have been in violation of one or more federal or state
securities  laws.  We  have offered rescission to consultants who we believe may
have  received shares in excess of the amount registered. We offered to pay upon
tender  of  the  shares, an amount equal to the value of the consideration given
for  the  common  stock  subject  to  the  rescission offer plus interest at the
applicable  statutory rate in the state in which the consultant resides from the
date  of  issuance through the date the rescission offer expires less any income
received  by  the  consultant  from the common stock; or if the shares of common
stock subject to the rescission have been disposed of, the difference between 1)
the  amount that would be received upon tender of the shares of common stock and
2) the aggregate price received by the consultant upon disposition of the common
stock  plus  the amount of any income received by the consultant from the common
stock.  While  all  of the consultants who were offered rescission rejected such
rescission,  we could still be found to be liable to the consultants pursuant to
the  terms  of  our  rescission  offer,  at  law  or  in  equity.

Additionally,  we  may have issued shares of common stock to certain individuals
and entities during 2005 and 2006, which shares were registered pursuant to Form
S-8,  which  issuances  may not have been eligible for registration on Form S-8,

                                      -33-
<PAGE>

and  which  issuances  may  therefore  be in violation of one or more federal or
state  securities laws. We have not offered any of these shareholders rescission
and we may therefore be liable to such shareholders in an amount equal to i) the
value of the consideration given for such shares plus interest at the applicable
statutory  rate  in  the state in which the shareholder resides from the date of
issuance  of  the  shares  less any income received by the shareholders from the
shares;  or  ii)  if the shares have been disposed of, the difference between 1)
the  amount that such shareholder would receive pursuant to (i) above and 2) the
aggregate  price received by the shareholder upon disposition of the shares plus
the  amount of any income received by the shareholder from the shares. As of the
filing  of  this  report,  we  do  not have any plans to offer rescission to the
shareholders  who  may  have received Form S-8 registered shares, which may have
not  been  eligible  for  registration  pursuant  to  Form  S-8.

                       Risks Relating To Our Common Stock
                     --------------------------------------

IF  WE FAIL TO REMAIN CURRENT ON OUR REPORTING REQUIREMENTS, WE COULD BE REMOVED
FROM  THE  OTC BULLETIN BOARD WHICH WOULD LIMIT THE ABILITY OF BROKER-DEALERS TO
SELL  OUR SECURITIES AND THE ABILITY OF STOCKHOLDERS TO SELL THEIR SECURITIES IN
THE  SECONDARY  MARKET.

Companies  trading  on  the  OTCBB,  such as us, must be reporting issuers under
Section  12  of  the  Securities  Exchange  Act of 1934, as amended, and must be
current  in their reports under Section 13, in order to maintain price quotation
privileges  on  the  OTCBB.  If  we  fail  to  remain  current  on our reporting
requirements,  we  could  be  removed  from  the  OTCBB. As a result, the market
liquidity  for  our  securities could be severely adversely affected by limiting
the  ability  of  broker-dealers  to  sell  our  securities  and  the ability of
stockholders  to  sell  their  securities  in the secondary market. In addition,
investors  who  hold restricted shares of our common stock may be precluded from
reselling  their  shares  pursuant  to Rule 144 of the Securities Act until such
time  that  we  can  establish  a  history  of  current  filings  with  the SEC.

WE  DO  NOT  EXPECT  TO  PAY  DIVIDENDS  FOR  THE  FORESEEABLE  FUTURE

We  have  not declared or paid, and do not anticipate declaring or paying in the
foreseeable  future,  any cash dividends on our common stock. Our ability to pay
dividends is dependent upon, among other things, our future earnings, if any, as
well  as  our  operating  and financial condition, capital requirements, general
business  conditions  and  other  pertinent factors. Furthermore, any payment of
dividends  by  us  is  subject  to  the  discretion  of  our board of directors.
Accordingly,  there  is no assurance that any dividends will ever be paid on our
common  stock.

THERE  ARE  A  LARGE NUMBER OF SHARES UNDERLYING OUR CONVERTIBLE DEBENTURES, AND
WARRANTS  THAT MAY BE AVAILABLE FOR FUTURE SALE AND THE SALE OF THESE SHARES MAY
DEPRESS  THE  MARKET  PRICE  OF  OUR  COMMON  STOCK.

As  of  August  21, 2006, we had 2,499,305,663 shares of common stock issued and
outstanding. We have registered the resale of approximately 1,412,000,000 shares
of common stock for issuance under convertible debentures, which amount does not

                                      -34-
<PAGE>

include  any  shares in connection with the new DLC funding, as described above,
or  the additional two hundred and fifty million (250,000,000) shares underlying
warrants  granted  to  DLC  in connection with the amendment agreement with DLC,
described  above,  or  the  conversion  of  any  currently outstanding amount of
convertible debentures or warrants held by Golden Gate or DLC. Additionally, the
number  of  shares  of  common stock issuable upon conversion of the outstanding
convertible  debentures  may increase if the market price of our stock declines.
All  of  the shares, including all of the shares issuable upon conversion of the
debentures  and  upon exercise of our warrants, may be sold without restriction.
The  sale  of  these  shares may adversely affect the market price of our common
stock.

THE  CONTINUOUSLY  ADJUSTABLE  CONVERSION  PRICE  FEATURE  OF  OUR  CONVERTIBLE
DEBENTURES  COULD  REQUIRE US TO ISSUE A SUBSTANTIALLY GREATER NUMBER OF SHARES,
WHICH  WILL  CAUSE  DILUTION  TO  OUR  EXISTING  STOCKHOLDERS.

Our  obligation to issue shares upon conversion of our convertible debentures is
essentially  limitless.  The  number  of  shares  of  common stock issuable upon
conversion  of  our  convertible debentures will increase if the market price of
our  stock  declines,  which  will  cause dilution to our existing stockholders.

THE  CONTINUOUSLY  ADJUSTABLE  CONVERSION  PRICE  FEATURE  OF  OUR  CONVERTIBLE
DEBENTURES  MAY  ENCOURAGE  INVESTORS  TO  MAKE SHORT SALES IN OUR COMMON STOCK,
WHICH  COULD  HAVE  A  DEPRESSIVE  EFFECT  ON  THE  PRICE  OF  OUR COMMON STOCK.

The  currently outstanding convertible debentures are convertible by Golden Gate
and DLC into shares of our common stock at a 20% and 30% discount, respectively,
to  the  trading  price  of  the  common  stock  prior  to  the  conversion. The
significant  downward  pressure  on the price of the common stock as the selling
stockholders  convert  and sell material amounts of common stock could encourage
short  sales  by  investors.  This  could place further downward pressure on the
price  of our common stock. Golden Gate and DLC could sell common stock into the
market  in  anticipation  of  covering  the  short  sale  by  converting  their
securities,  which could cause the further downward pressure on the stock price.

In  addition,  not only the sale of shares issued upon conversion or exercise of
debentures  and  warrants,  but  also the mere perception that these sales could
occur,  may  adversely  affect  the  market  price  of  the  common  stock.

THE  ISSUANCE  OF SHARES UPON CONVERSION OF THE CONVERTIBLE DEBENTURES MAY CAUSE
IMMEDIATE  AND  SUBSTANTIAL  DILUTION  TO  OUR  EXISTING  STOCKHOLDERS.

The  issuance of shares upon conversion of the convertible debentures may result
in substantial dilution to the interests of other stockholders since the selling
stockholders  may  ultimately  convert  and  sell  the  full  amount issuable on
conversion.  Although  Golden  Gate  and  DLC  may  not  convert the convertible

                                      -35-
<PAGE>

debentures  and/or  exercise  the  warrants if such conversion or exercise would
cause  Golden  Gate or DLC to own more than 4.9% of our outstanding common stock
(or,  in DLC's case, 9.99% of our outstanding common stock at any time after the
first  year  of  the  date of our agreement with DLC), these restrictions do not
prevent  Golden  Gate  or  DLC  from  converting and/or exercising some of their
holdings and then converting the rest of their holdings. In this way, they could
sell  more than this limit while never holding more than this limit. There is no
upper  limit  on  the  number  of  shares that may be issued which will have the
effect of further diluting the proportionate equity interest and voting power of
holders  of  our  common  stock.

IN THE EVENT THAT OUR STOCK PRICE DECLINES, THE SHARES OF COMMON STOCK ALLOCATED
FOR  CONVERSION  OF THE CONVERTIBLE DEBENTURES MAY NOT BE ADEQUATE AND WE MAY BE
REQUIRED TO FILE A SUBSEQUENT REGISTRATION STATEMENT COVERING ADDITIONAL SHARES.
IF  THE SHARES WE HAVE ALLOCATED ARE NOT ADEQUATE AND WE ARE REQUIRED TO FILE AN
ADDITIONAL  REGISTRATION STATEMENT, WE MAY INCUR SUBSTANTIAL COSTS IN CONNECTION
THEREWITH.

Based on our current market price and the potential decrease in our market price
as  a  result  of  the  issuance  of  shares  upon conversion of the convertible
debentures,  we  have  made  a good faith estimate as to the amount of shares of
common stock that we are required to register and allocate for conversion of the
convertible  debentures.  Accordingly, we have registered 1,412,000,000 to cover
the conversion of the convertible debentures to date, and will need to amend our
Registration  Statement  in  the  future to cover the additional two hundred and
fifty  million  (250,000,000)  warrants  issued  to  DLC  in connection with the
amendment  agreement,  and  in  connection  with  the new DLC funding, described
above.  In  the event that our stock price decreases, the shares of common stock
we  have  allocated  for  conversion  of  the  convertible debentures may not be
adequate.  If  the shares we have allocated are not adequate and we are required
to  file an additional registration statement, we may incur substantial costs in
connection  with  the  preparation  and  filing  of such registration statement.

IF  WE  ARE  REQUIRED  FOR  ANY  REASON  TO  REPAY  OUR  OUTSTANDING CONVERTIBLE
DEBENTURES,  WE  WOULD BE REQUIRED TO DEPLETE OUR WORKING CAPITAL, IF AVAILABLE,
OR  RAISE  ADDITIONAL FUNDS. OUR FAILURE TO REPAY THE CONVERTIBLE DEBENTURES, IF
REQUIRED,  COULD RESULT IN LEGAL ACTION AGAINST US, WHICH COULD REQUIRE THE SALE
OF  SUBSTANTIAL  ASSETS.

In June 2004, we entered into a Securities Purchase Agreement for the sale of an
aggregate  of  $250,000  principal  amount  of  convertible  debentures.  The
convertible debentures are due and payable, with 7% interest, two years from the
date  of  issuance,  unless sooner converted into shares of our common stock. In
addition,  any  event  of  default  could  require  the  early  repayment of the
convertible  debentures  at  a  price  equal to 125% of the amount due under the
debentures. In October 2005, we entered into a Securities Purchase Agreement for
the  sale of an aggregate of $700,000 in convertible debentures. The convertible
debentures  are  due  and  payable, with 8% interest, two years from the date of

                                      -36-
<PAGE>

issuance,  unless sooner converted into shares of our common stock. In May 2006,
we  agreed  to  sell  an aggregate of $400,000 in convertible debentures to DLC,
which  debentures  are  due and payable, with 10% interest on May 18, 2009.  Any
event of default could require the early repayment of the convertible debentures
at  a  price equal to 150% of the amount due under the debentures. We anticipate
that  the  full  amount  of  the  convertible  debentures, together with accrued
interest,  will be converted into shares of our common stock, in accordance with
the  terms  of  the  convertible  debentures.  If  we  are required to repay the
convertible  debentures, we would be required to use our limited working capital
and  raise  additional  funds.  If  we  were unable to repay the debentures when
required,  the  debenture  holders  could  commence  legal action against us and
foreclose on all of our assets to recover the amounts due. Any such action would
require  us  to  curtail  or  cease  operations.

IF WE ARE LATE TWO MORE TIMES IN FILING OUR QUARTERLY OR ANNUAL REPORTS WITH THE
SEC  IN THE NEXT TWENTY-FOUR (24) MONTHS, WE WILL BE DE-LISTED FROM THE OVER-THE
-COUNTER  BULLETIN  BOARD.

Pursuant  to new Over-The-Counter Bulletin Board ("OTCBB") rules relating to the
timely  filing of periodic reports with the SEC, any OTCBB issuer which fails to
file  a  periodic  report  (Form  10-QSB's  or 10-KSB's) by the due date of such
report  (not withstanding any extension granted to the issuer by the filing of a
Form  12b-25),  three  (3)  times  during  any  twenty-four (24) month period is
automatically  de-listed  from  the  OTCBB.  Such  removed  issuer  would not be
re-eligible  to  be  listed  on the OTCBB for a period of one-year, during which
time  any  subsequent late filing would reset the one-year period of de-listing.
As  we were late in filing our Form 10-KSB for the year ended December 31, 2005,
if  we are late in filing our periodic filings two times prior to the expiration
of  the  current  twenty-four  (24) month period, and/or late three times in any
subsequent  twenty-four  (24) month period, we will be de-listed from the OTCBB,
and  as  a  result, our securities may become worthless, and we may be forced to
curtail  or  abandon  our  business  plan.

OUR  COMMON  STOCK  IS  SUBJECT TO THE "PENNY STOCK" RULES OF THE SECURITIES AND
EXCHANGE  COMMISSION  WHICH LIMITS THE TRADING MARKET IN OUR COMMON STOCK, MAKES
TRANSACTIONS  IN  OUR  COMMON  STOCK  CUMBERSOME  AND MAY REDUCE THE VALUE OF AN
INVESTMENT  IN  OUR  COMMON  STOCK.

Our  common  stock  is  considered  a  "penny  stock"  as defined in Rule 3a51-1
promulgated  by  Commission  under  the  Securities  Exchange  Act  of 1934. The
Commission's Rule 15g-9 regarding penny stocks imposes additional sales practice
requirements  on  broker-dealers  who sell such securities to persons other than
established customers and accredited investors (generally persons with net worth
in  excess  of  $1,000,000  or  an  annual income exceeding $200,000 or $300,000
jointly  with  their  spouse).  For  transactions  covered  by  the  rules,  the
broker-dealer  must  make  a special suitability determination for the purchaser
and  receive  the  purchaser's written agreement to the transaction prior to the
sale.  Thus,  the  rules affect the ability of broker-dealers to sell our common
stock  should  they  wish  to do so because of the adverse effect that the rules
have  upon liquidity of penny stocks. Unless the transaction is exempt under the
rules,  under  the Securities Enforcement Remedies and Penny Stock Reform Act of
1990,  broker-dealers  effecting  customer  transactions  in  penny  stocks  are

                                      -37-
<PAGE>

required  to  provide  their customers with (i) a risk disclosure document; (ii)
disclosure  of  current  bid  and ask quotations if any; (iii) disclosure of the
compensation  of  the  broker-dealer and its sales personnel in the transaction;
(iv)  monthly  account  statements  showing the market value of each penny stock
held  in the customer's account and (v) the rules require that a broker wait two
business  days  after sending the risk disclosure document to an investor before
effecting  a  transaction  in penny stocks for that investor. As a result of the
penny  stock  rules,  the market liquidity for our common stock may be adversely
affected  by limiting the ability of broker-dealers to sell our common stock and
the  ability  of  purchasers  to  resell our common stock. Additionally, various
state  securities laws impose restrictions on transferring "penny stocks" and as
a  result,  investors  in  the common stock may have their ability to sell their
shares  of  the  common  stock  impaired.

ITEM  3.   CONTROLS  AND  PROCEDURES

(a)  Evaluation  of  disclosure  controls  and  procedures.  The Company's Chief
     Executive  Officer  and  Chief  Financial  Officer,  after  evaluating  the
     effectiveness  of  the  Company's  "disclosure controls and procedures" (as
     defined  in  the  Securities  Exchange  Act  of  1934  Rules  13a-15(e) and
     15d-15(e))  as  of  end of the period covered by this Report on Form 10-QSB
     (the  "Evaluation Date"), has concluded that as of the Evaluation Date, the
     Company's  disclosure controls and procedures were not effective to provide
     reasonable  assurance  that  information  we  are  required  to disclose in
     reports  that  we  file  or  submit  under  the  Exchange  Act is recorded,
     processed, summarized and reported within the time periods specified in the
     Securities  and  Exchange  Commission  rules  and  forms,  and  that  such
     information  is  accumulated  and communicated to our management, including
     our Chief Executive Officer and Chief Financial Officer, as appropriate, to
     allow  timely  decisions  regarding  required  disclosure.

     Our  management  determined  on  April  10,  2006,  that  our  historical
     accounting  treatment  of Convertible Debentures and Warrants was incorrect
     and that the Company would need to restate its financial statements for the
     year  ended  December 31, 2004 and for the periods ended March 31, June 30,
     and  September 30, 2005. We have determined that our convertible debentures
     and  warrants  were  not  accounted  for  appropriately in these periods in
     accordance  with  the  requirements  of  EITF  No.  00-19,  "Accounting for
     Derivative  Financial  Instruments  Indexed to and Potentially Settled in a
     Company's  Own  Stock,"  and  related  rules.  As  a  result, our financial
     statements  for  these  periods,  should  no  longer  be relied upon by our
     shareholders.  We  have  discussed these matters with Malone & Bailey, P.C.
     and  Ham,  Langston  &  Brezina,  LLP,  the  independent  registered public
     accounting  firm  that  audited  the Company's financial statements for the
     year  ended  December  31,  2004  and  reviewed  the  Company's  financial
     statements  for  the periods ended June 30 and September 30, 2004 and March
     31,  June  30  and  September  30,  2005.

     The  Company  is  working  with  its  independent  registered  public
     accounting  firm to complete the review of the accounting matters discussed
     above.  Once  this  review  is  complete,  the  Company  will  restate  its
     applicable financial statements and file amendments to its reports with the
     Commission  reflecting  these  restatements  as  soon  as  practicable.

                                      -38-
<PAGE>

(b)  Changes  in  internal  control  over  financial  reporting.  There  were no
     significant changes in our internal control over financial reporting during
     our most recent fiscal quarter that materially affected, or were reasonably
     likely to materially affect, our internal control over financial reporting.


                           PART II - OTHER INFORMATION
                           ---------------------------

ITEM  1.  LEGAL  PROCEEDINGS

In  July 2003, we entered into a Stipulated Injunction with the State of Florida
Office  of  the Attorney General regarding a settlement of our unpaid obligation
to  the  winners  of the 2001 World Golf League National Tournament. Pursuant to
the Stipulated Injunction, we agreed that, after the payment of certain specific
expenses,  the  Florida  Attorney  General  would receive 60% of the proceeds we
receive  from  the  sale  of  our common stock by the former Novus stockholders.
During  the  year  ended  December  31,  2003,  we  paid $314,000 to the Florida
Attorney  General  and  executed  notes payable to the winners of the 2001 World
Golf League National Tournament for an aggregate of $300,000 in full settlement.
In addition, we paid the Florida Attorney General $20,000 in connection with the
settlement.  The  notes  became due in September 2004, and the remaining balance
owed  as  of  June  30, 2006 of approximately $280,000 is in default. We plan to
repay  the  notes  as  our  cash  flow  permits.

In  February 2005, Nathan Bertsch, sued The World Golf League, Inc. in the Court
of  Common  Pleas,  Thirteenth  Judicial  Circuit,  State of Carolina, County of
Greenville,  for  breach  of contract, unfair trade practices, and collection of
promissory  note.  The  complaint  alleges that in November 2001, we invited the
plaintiff  to  participate  in  the  tournament;  that the plaintiff entered and
participated  in the tournament; that a contract was formed to pay the plaintiff
$45,000  if  he  won  his  flight  in the tournament; that the plaintiff won his
flight;  that,  as a result of the intervention of the Florida Attorney General,
we paid the plaintiff one-half of the winnings and executed a promissory note to
pay  the  balance  of  $22,500.  The  plaintiff is seeking actual damages in the
amount  of  $22,500,  prejudgment  interest  at  the statutory rate, three times
actual  damages, reasonable attorney's fees and costs of prosecuting the lawsuit
under  the  South  Carolina  Unfair  Trade practices Act, and alternative actual
damages  of  $22,500  as  payment  on the note plus interest at a rate of 5% per
annum  accrued  thereunder.

In April 2005, we filed a motion to dismiss Mr. Bertsch's case, which motion was
denied  by  the  court.  On  October  21,  2005,  Mr. Bertsch obtained a default
judgment  against  us,  which  damages hearing was set for November 28, 2005. At
such  damages hearing, Mr. Bertsch was awarded a judgment of $22,500 against us,
which  judgment  remains  outstanding  to  date.

From  time to time, we may become party to litigation or other legal proceedings
that  we consider to be a part of the ordinary course of our business. Except as
described  above,  we are not involved currently in legal proceedings that could
reasonably  be  expected  to  have  a  material  adverse effect on our business,
prospects,  financial condition or results of operations. We may become involved
in  material  legal  proceedings  in  the  future.

                                      -39-
<PAGE>

ITEM  2.  CHANGES  IN  SECURITIES


On  April  3,  2006,  Robert  Muir,  III, subscribed to purchase an aggregate of
58,460,543  restricted  shares  of  our common stock for $0.00035 per share, for
aggregate  consideration  of  $20,461We  claim  an  exemption  from registration
afforded  by  Section  4(2) of the Securities Act of 1933 (the "Act"), since the
foregoing issuances did not involve a public offering, the recipients had access
to  information  that  would  be  included in a registration statement, took the
shares  for  investment  and  not  resale  and  we  took appropriate measures to
restrict  transfer.

On  May  1,  2006,  our  Board of Directors unanimously approved the issuance of
4,000,000  shares of our Series A Preferred Stock to our Chief Executive Officer
and  Director,  Michael S. Pagnano in consideration for his continued service as
Chief  Executive  Officer  and  for  agreeing  to  enter  into  a new employment
agreement  with  us. We claim an exemption from registration afforded by Section
4(2)  of  the Securities Act of 1933 since the issuance did not involve a public
offering,  the  recipient  took  the shares for investment and not resale and we
took  appropriate  measures to restrict transfer. No underwriters or agents were
involved  in the issuance and no underwriting discounts or commissions were paid
by  us.

On  May 18, 2006, we entered into the Purchase Agreement with DLC, an accredited
investor, for the sale of an aggregate of (i) $400,000 in convertible debentures
and  (ii)  warrants to buy 700,000,000 shares of our common stock at an exercise
price  of  $0.004 per share. We claim an exemption from registration afforded by
Section 4(2) of the Securities Act of 1933, since the foregoing transactions did
not  involve  a  public  offering,  the recipient had access to information that
would  be  included  in a registration statement, took the shares for investment
and  not  resale  and  we  took  appropriate  measures  to  restrict  transfer.

On or about May 25, 2006, we issued 40,000,000 shares of restricted common stock
to  DLC  as  a  commitment  fee,  in connection with our entry into the Note and
Securities  Purchase Agreement. We claim an exemption from registration afforded
by  Section 4(2) of the Securities Act of 1933, since the foregoing transactions
did  not involve a public offering, the recipient had access to information that
would  be  included  in a registration statement, took the shares for investment
and  not  resale  and  we  took  appropriate  measures  to  restrict  transfer.

On  July  5,  2006,  our Board of Directors unanimously approved the issuance of
5,000,000  shares of our Series A Preferred Stock to our Chief Executive Officer
and  Director,  Michael S. Pagnano in consideration for his continued service as
Chief  Executive  Officer  and  for  agreeing  to  enter  into  a new employment
agreement  with  us. We claim an exemption from registration afforded by Section
4(2)  of  the Securities Act of 1933 since the issuance did not involve a public
offering,  the  recipient  took  the shares for investment and not resale and we
took  appropriate  measures to restrict transfer. No underwriters or agents were
involved  in the issuance and no underwriting discounts or commissions were paid
by  us.

ITEM  3.  DEFAULTS  UPON  SENIOR  SECURITIES

None.

                                      -40-
<PAGE>

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

None.

ITEM  5.  OTHER  INFORMATION

None.

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K

  a)  Exhibits

Exhibit  No.    Description
-  -----------    -----------

3.1(1)          Certificate  of  Designations  of  Series  A  Preferred  Stock

3.2(7)          Certificate of Amendment  to  the Certificate of Designations of
                Series  A  Preferred  Stock

3.2(8)          Certificate of Amendment  to  the Certificate of Designations of
                Series  A  Preferred  Stock

4.1(2)          Securities  Purchase  Agreement  dated June 2004 entered between
                the  Company  and  Golden  Gate  Investors,  Inc.

4.2(2)          Convertible  Debenture  dated  June  2004  entered  between  the
                Company  and  Golden  Gate  Investors,  Inc.

4.3(2)          Warrant  to  Purchase  Common  Stock  dated  June 2004 issued to
                Golden  Gate  Investors,  Inc.

4.4(2)          Registration  Rights  Agreement  dated June 2004 entered between
                Golden  Gate  Investors,  Inc.  and  the  Company

4.5(3)          Securities  Purchase  Agreement  dated  October 13, 2005 entered
                between  the  Registrant  and  DLC  Capital  Group,  LLC

4.6(3)          Convertible Debenture dated October 13, 2005 entered between the
                Registrant  and  DLC  Capital  Group,  LLC

4.7(3)          Warrant  to  Purchase Common Stock dated October 13, 2005 issued
                to  DLC  Capital  Group,  LLC

4.8(3)          Registration Rights Agreement dated October 13, 2005 between the
                Registrant  and  DLC  Capital  Group,  LLC

4.5(3)          Amendment  to  Securities  Purchase  Agreement,  Convertible
                Debenture,  Warrant  and  Registration  Rights  Agreement, dated
                October  27,  2005  entered  between the Company and DLC Capital
                Group,  LLC

10.1(4)         Agreement  with  Paxson  Productions,  Inc.

10.2(5)         Settlement  and  Release  Agreement  with  Paxson

10.3(6)         Securities Purchase Agreement with DLC dated May 18, 2006

10.4(6)         Convertible Note with DLC dated May 18, 2006

10.5(6)         Stock Purchase Warrant with DLC dated May 18, 2006

10.6(6)         Registration Rights Agreement with DLC dated May 18, 2006

10.7(7)         Amendment  Letter  with  DLC  dated  January  2,  2006

                                      -41-
<PAGE>

10.8*           Employment  Agreement  with  Michael  S.  Pagnano

10.9*           Television Distribution Agreement

31*             Certificate  of  the Chief Executive Officer and Chief Financial
                Officer  pursuant  to  Section  302 of the Sarbanes-Oxley Act of
                2002


32*             Certificate  of  the Chief Executive Officer and Chief Financial
                Officer  pursuant  to  Section 906 of  the Sarbanes-Oxley Act of
                2002


*  Filed  Herein.

(1)  Filed as Exhibit 3.1 to our report on Form 8-K filed with the Commission on
October  10,  2003,  and  incorporated  herein  by  reference.

(2)  Filed  as  Exhibits 4.1, 4.2, 4.3, 4.4, 10.2 and 10.3, respectively, to the
registration  statement  on  Form  SB-2 filed on July 27, 2004, and incorporated
herein  by  reference.

(3)  Filed  as an Exhibit to our Registration Statement on Form SB-2, filed with
the  Commission  on  November  3,  2005,  and  incorporated herein by reference.

(4)  Filed  as  Exhibit  10.1  to  the  Registrant's  Form  8-K  filed  with the
Commission  on  August  10,  2005,  and  incorporated  herein  by  reference.

(5)  Filed  as an Exhibit to our report on Form 8-K filed with the Commission on
January  9,  2006,  and  incorporated  herein  by  reference.

(6) Filed as Exhibits to our report on Form 8-K filed with the Commission on May
25,  2006,  an  incorporated  herein  by  reference.

(7)  Filed  as  Exhibits  to our Quarterly Report on Form 10-QSB, filed with the
Commission  on  May  22,  2006,  and  incorporated  herein  by  reference.

(8)  Filed  as an Exhibit to our Report on Form 8-K filed with the Commission on
July  5,  2006,  and  incorporated  herein  by  reference.

   b) Reports on Form 8-K filed during the three months ended June 30, 2006:

     o    We filed  a  report  on  Form  8-K  on  May  25,  2006,  to report our
          entry  into the May 18, 2006 Securities Purchase Agreement and related
          agreements  with  DLC.

     Reports filed subsequent to the three months ended June 30, 2006:

     o    We filed  a  report  on  Form  8-K  on July 5, 2006, to report that we
          filed an amended Certificate of Designations to increase the number of
          shares  of  our  Series  A  Preferred  Stock.


                                   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.

                                             THE WORLD GOLF LEAGUE, INC.

DATED: August 21, 2006                       By: /s/ Michael S. Pagnano
                                             ------------------------
                                             Michael S. Pagnano
                                             Chief Executive Officer

                                      -42-
<PAGE>