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


                                FORM 10-QSB


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

     For the quarterly period ended June 30, 2004

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

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

                       Commission File No. 000-50572

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

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

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

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


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

                              Not applicable.

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

     Yes       No
         ---     ---

                   APPLICABLE ONLY TO CORPORATE ISSUERS

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

                              June 30, 2004

                                 429,680
                                 -------


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

Item 1.   Financial Statements.

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

             UNAUDITED CONDENSED FINANCIAL STATEMENTS

                          JUNE 30, 2004
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]




                             CONTENTS

                                                       PAGE

        Unaudited Condensed Balance Sheets,
             June 30, 2004 and March 31, 2004                         2


        Unaudited Condensed Statements of Operations,
             for the three months ended June 30, 2004
             and 2003 and for the period from inception on
             January 2, 2002 through June 30, 2004                    3


        Unaudited Condensed Statements of Cash Flows,
             for the three months ended June 30, 2004
             and 2003 and for the period from inception on
             January 2, 2002 through June 30, 2004                    4


           Notes to Unaudited Condensed Financial Statements     5 - 10
<PAGE>

                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

                UNAUDITED CONDENSED BALANCE SHEETS


                              ASSETS
                                                   June 30,    March 31,
                                                     2004         2004
                                                 ___________  ___________
CURRENT ASSETS:
  Cash                                           $     1,545  $     2,160
  Accounts receivable - related party                  1,142        1,142
  Prepaid expense                                          -          873
                                                 ___________  ___________
        Total Current Assets                           2,687        4,175

PROPERTY AND EQUIPMENT, net                           12,350       12,883

LEASED PROPERTY AND EQUIPMENT, net                    13,400       13,975
                                                 ___________  ___________
                                                 $    28,437  $    31,033
                                                 ___________  ___________

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
  Accounts payable                               $    17,885  $    14,360
  Accounts payable - related party                    27,723       24,723
  Advance from a shareholder                               -            -
  Accrued taxes                                        1,717        1,593
                                                 ___________  ___________
        Total Current Liabilities                     47,325       40,676
                                                 ___________  ___________
STOCKHOLDERS' EQUITY (DEFICIT):
  Common stock, $.001 par value,
   50,000,000 shares authorized,
   429,680 and 429,600 shares issued
   and outstanding, respectively                         430          430
  Capital in excess of par value                      59,440       59,440
  Deficit accumulated during the
   development stage                                 (78,758)     (69,513)
                                                 ___________  ___________
        Total Stockholders' Equity (Deficit)         (18,888)      (9,643)
                                                 ___________  ___________
                                                 $    28,437  $    31,033
                                                 ___________  ___________



Note: The balance sheet at March 31, 2004 was taken from the audited financial
   statements at that date and condensed.


The accompanying notes are an integral part of these unaudited condensed
financial statements.
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

           UNAUDITED CONDENSED STATEMENTS OF OPERATIONS


                                          For the Three      From Inception
                                           Months Ended       on January 2,
                                            June 30,          2002 Through
                                      _____________________      June 30,
                                        2004        2003          2004
                                      __________ __________  ______________
REVENUES:
  Recreation services                 $      800 $      950  $        3,691
  Equipment lease rent                     1,142      1,142           5,710
                                      __________ __________  ______________
        Total Revenues                     1,942      2,092           9,401

EXPENSES:
  General and administrative              11,187      7,498          88,159
                                      __________ __________  ______________

LOSS BEFORE INCOME TAXES                  (9,245)    (5,406)        (78,758)

CURRENT TAX EXPENSE                            -          -               -

DEFERRED TAX EXPENSE                           -          -               -
                                      __________ __________  ______________
NET LOSS                              $   (9,245)$   (5,406) $      (78,758)
                                      __________ __________  ______________

LOSS PER COMMON SHARE                 $     (.02)$     (.01) $         (.21)
                                      __________ __________  ______________





The accompanying notes are an integral part of these unaudited condensed
financial statements.
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

           UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

                                          For the Three      From Inception
                                           Months Ended       on January 2,
                                            June 30,          2002 Through
                                      _____________________      June 30,
                                        2004        2003          2004
                                      __________ __________  ______________
Cash Flows from Operating Activities:
  Net loss                            $   (9,245)$   (5,406) $      (78,758)
  Adjustments to reconcile net loss to
  net cash used by operating activities:
    Depreciation expense                   1,108        645           5,347
    Non-cash services for stock                -          -           4,000
    Changes in assets and liabilities:
     (Increase) in accounts receivable
     - related party                           -     (1,142)         (1,142)
     Decrease (Increase) in prepaid
     expense                                 873     (7,452)              -
     Increase (Decrease) in accounts
     payable                               3,525     (3,834)         17,885
     Increase in accounts payable -
     related party                         3,000      4,500          27,723
     Increase in accrued taxes               124        501           1,717
                                      __________ __________  ______________
        Net Cash Provided (Used) by
        Operating Activities                (615)   (12,188)        (23,228)
                                      __________ __________  ______________
Cash Flows from Investing Activities:
 Payments for property and equipment           -    (26,134)        (31,097)
                                      __________ __________  ______________
        Net Cash (Used) by
        Investing Activities                   -    (26,134)        (31,097)
                                      __________ __________  ______________
Cash Flows from Financing Activities:
 Advance from a shareholder                    -          -           4,000
 Repayment of advance from a shareholder       -          -          (4,000)
 Proceeds from issuance of common stock        -     72,100          84,200
 Payments of stock offering costs              -    (17,776)        (28,330)
                                      __________ __________  ______________
        Net Cash Provided (Used) by
        Financing Activities                   -     54,324          55,870
                                      __________ __________  ______________
Net Increase (Decrease) in Cash             (615)    16,002           1,545

Cash at Beginning of the Period            2,160        285               -
                                      __________ __________  ______________
Cash at End of the Period             $    1,545 $   16,287  $        1,545
                                      __________ __________  ______________

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

Supplemental Schedule of Non-cash Investing and Financing Activities:
 For the period from inception on January 2, 2002 through June 30, 2004:
  In March 2003, the Company recorded an account payable of $16,065 as
  deferred stock offering costs.

  In January 2002, the Company issued 83,333 shares of common stock for
  services rendered of $4,000.


The accompanying notes are an integral part of these unaudited condensed
financial statements.
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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

  Condensed Financial Statements - The accompanying financial statements have
  been prepared by the Company without audit.  In the opinion of management,
  all adjustments (which include only normal recurring adjustments) necessary
  to present fairly the financial position, results of operations and cash
  flows at June 30, 2004 and 2003 and for the periods then ended have been
  made.

  Certain information and footnote disclosures normally included in financial
  statements prepared in accordance with generally accepted accounting
  principles in the United States of America have been condensed or omitted.
  It is suggested that these condensed financial statements be read in
  conjunction with the financial statements and notes thereto included in the
  Company's March 31, 2003 audited financial statements.  The results of
  operations for the periods ended June 30, 2004 and 2003 are not necessarily
  indicative of the operating results for the full year.

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

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

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

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

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

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

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

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

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

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

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

  Recently Enacted Accounting Standards - Statement of Financial Accounting
  Standards ("SFAS") No. 149, "Amendment of Statement 133 on Derivative
  Instruments and Hedging Activities", and SFAS No. 150, "Accounting for
  Certain Financial Instruments with Characteristics of both Liabilities and
  Equity", were recently issued.  SFAS No. 149 and 150 have no current
  applicability to the Company or their effect on the financial statements
  would not have been significant.

  Stock Split - The financial statements have been restated for all periods
  presented to reflect a 2-for-3 reverse stock split that the Company
  effected on June 7, 2004.
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 2 - PROPERTY AND EQUIPMENT

  Property and equipment consists of the following:

                                                June 30,    March 31,
                                                  2004         2004
                                              ___________  ___________
          Recreation equipment                $    10,282  $    10,282
          Office equipment                          4,665        4,665
                                              ___________  ___________
                                                   14,947       14,947

          Less: Accumulated depreciation           (2,597)      (2,064)
                                              ___________  ___________
                                              $    12,350  $    12,883
                                              ___________  ___________

  Depreciation expense for the three months ended June 30, 2004 and 2003
  amounted to $532 and $209, respectively.

NOTE 3 - LEASED PROPERTY AND EQUIPMENT

  Leased property and equipment consists of the following:

                                                June 30,    March 31,
                                                  2004         2004
                                              ___________  ___________
          Leased exercise equipment           $    16,150  $    16,150

          Less accumulated depreciation            (2,750)      (2,175)
                                              ___________  ___________
                                              $    13,400  $    13,975
                                              ___________  ___________

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

  Depreciation expense for the three months ended June 30, 2004 and 2003
  amounted to $575 and $436, respectively.

NOTE 4 - CAPITAL STOCK

  Common Stock - The Company has authorized 50,000,000 shares of common stock
  with a par value of $.001.  In January 2002, in connection with its
  organization, the Company issued 333,500 shares of its previously
  authorized but unissued common stock for cash of $12,000 and services
  rendered valued at $4,000 (or $.048 per share).

  In April and May 2003, the Company issued 96,267 shares of its previously
  authorized but unissued common stock for cash of $72,200 (or approximately
  $.75 per share).  The shares were registered with the Securities and
  Exchange Commission on Form SB-2 and stock offering costs of $28,330 were
  offset against the proceeds in capital in excess of par value.  The Company
  received $100 of the proceeds in August 2003.

  Stock Split-On June 7, 2004, the Company effected a 2-for-3 reverse stock
  split.  The financial statements for all periods presented have been
  restated to reflect this stock split.  As a result, the Company issued 80
  additional shares of common stock due to rounding.
<PAGE>

                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 5 - INCOME TAXES

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

  The Company has available at June 30, 2004 unused operating loss
  carryforwards of approximately $59,000 which may be applied against future
  taxable income and which expire in various years through 2024.  The amount
  of and ultimate realization of the benefits from the operating loss
  carryforwards for income tax purposes is dependent, in part, upon the tax
  laws in effect, the future earnings of the Company, and other future
  events, the effects of which cannot be determined.  Because of the
  uncertainty surrounding the realization of the deferred tax assets, the
  Company has established a valuation allowance equal to their tax effect,
  therefore, no deferred tax asset has been recognized.  The net deferred tax
  assets, which consist of excess tax depreciation over book depreciation,
  related party accruals and net operating loss carryforwards, are
  approximately $15,100 and $13,300 as of June 30, 2004 and March 31, 2004,
  respectively, with an offsetting valuation allowance of the same amount,
  resulting in a change in the valuation allowance of approximately $1,800
  during the three months ended June 30, 2004.

NOTE 6 - RELATED PARTY TRANSACTIONS

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

  Equipment Lease Agreement - The Company signed an Equipment Lease Agreement
  with an entity controlled by an officer/shareholder of the Company to lease
  the Company's exercise equipment for five years at approximately $381 per
  month beginning April 22, 2003.  Lease revenues for the three months ended
  June 30, 2004 and 2003 amounted to $1,142 and $1,142, respectively.  The
  Company will receive approximately $4,568 each year under the lease,
  totaling $22,838.  At June 30, 2004 the balance of accounts receivable
  related to the lease was $1,142.

  Management Compensation - On April 1, 2002, the Company started to accrue
  salary for an officer/shareholder of the Company at $1,000 per month.
  Salary expense for the three months ended June 30, 2004 and 2003 amounted
  to $3,000 and $3,000, respectively.  At June 30, 2004, $24,000 of salary
  had been accrued but not paid and is included in accounts payable - related
  party.

  Office Space - Through April 14, 2003, the Company did not have a need to
  rent office space.  On June 11, 2003, the Company signed a Commercial and
  Industrial Lease with an entity controlled by an officer/shareholder of the
  Company to rent office space for one year at $500 per month beginning April
  15, 2003.  Rent expense for the three months ended June 30, 2004 and 2003
  amounted to $1,500 and $1,500, respectively.
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 7 - GOING CONCERN

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

NOTE 8 - LOSS PER SHARE

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

                                          For the Three      From Inception
                                           Months Ended       on January 2,
                                            June 30,          2002 Through
                                      _____________________      June 30,
                                        2004        2003          2004
                                      __________ __________     ___________
   Loss from operations available
   to common shareholders
   (numerator)                        $   (9,245)$   (5,406)    $   (78,758)
                                      __________  _________     ___________
   Weighted average number of
   Common shares outstanding
   used in loss per share for the
   period (denominator)                  429,600    422,317         380,950
                                      __________  _________     ___________

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

NOTE 9 - CONCENTRATIONS

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

Geographic Region - During the three months ended June 30, 2004, all of the
Company's sales and operations were located in and around Salt Lake City,
Utah.
<PAGE>
                   LONE MOOSE ADVENTURES, INC.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 10   SUBSEQUENT EVENT

Proposed Acquisition   The Company is proposing to enter into an agreement and
plan of reorganization wherein the Company would issue approximately
17,511,791 shares of common stock to Southwest  shareholders and would reserve
an additional 1,637,500 shares for issuance upon exercise of outstanding
Southwest options and warrants and would acquire all the issued and
outstanding shares of Southwest Casino and Hotel Corp. ("Southwest"). If the
acquisition is closed, the former shareholder interests of Southwest
(including common stock, preferred stock, option, warrant and debenture
holders), along with holders of certain demand notes, will own approximately
93% of the combined enterprise.

The proposed acquisition is subject to the completion of various events
including a forward stock split (to be effected by dividend), cancellation of
approximately 333,500 shares by current members of management and the issuance
of approximately 850,000 shares for services rendered and expenses related to
the acquisition.  The Company would have approximately 1,589,000 shares
outstanding just prior to closing of the acquisition and prior to the proposed
forward stock split.

Final consummation of the acquisition is not guaranteed and is subject to
various conditions to closing pursuant to a definitive agreement.


Immediately after the merger, the Company anticipates that it will sell its
adventure tour business to the two founders of the Company in exchange for
assumption of liabilities.
<PAGE>
Item 2.   Management's Discussion and Analysis or Plan of Operation.
--------------------------------------------------------------------

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

          Lone Moose began its operations in May, 2002.  To date, it has
conducted 21 day hikes in the Wasatch mountains of northern Utah and has
received revenues of $3,691.  The Company also leases equipment and to
date has received revenues of $5,710 from this equipment lease.  During the
next 12 months, management intends to commence the business of conducting
other types of adventure tours in Utah.  These include mountain biking, rock
climbing (subject to availability of liability insurance), snow shoeing and
split boarding.  There can be absolutely no assurance that the Company's
operations will be successful.

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

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

          During the quarterly period ended June 30, 2004, we received
total revenues of $1,942 and had a net loss of $(9,245).  We received $2,092
in revenues for the three months ended June 30, 2003 and, we had a net loss of
$(5,406) during that three month period.

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

          At June 30, 2004, we had $28,437 in current assets, with total
current liabilities of $47,325.  Total stockholder's equity was ($18,888).
During the next 12 months, management intends to commence the business of
conducting other types of adventure tours in Utah.  These include mountain
biking, rock climbing (subject to availability of liability insurance), snow
shoeing and split boarding.  There can be absolutely no assurance that the
Company's operations or our offering will be successful.

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

           As the end of the period covered by this Quarterly Report, we
carried out an evaluation, under the supervision and with the participation of
our President and Secretary/Treasurer, of the effectiveness of the design and
operation of our disclosure controls and procedures.  Based on this
evaluation, our President and Secretary/Treasurer concluded that our
disclosure controls and procedures are effective in timely alerting them to
material information required to be included in our periodic Securities and
Exchange Commission reports.  It should be noted that the design of any system
of controls is based in part upon certain assumptions about the likelihood of
future events, and there can be no assurance that any design will succeed in
achieving its stated goals under all potential future conditions, regardless
of how remote. In addition, we reviewed our internal controls, and there have
been no significant changes in our internal controls or in other factors that
could significantly affect those controls subsequent to the date of their last
evaluation.

                        PART II - OTHER INFORMATION

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

          None; not applicable.

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

          None; not applicable.

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

          None; not applicable.

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

          None; not applicable.

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

          On July 2, 2004, we announced an agreement in principal to acquire
Southwest Casino and Hotel Corp. ("Southwest") whereby Southwest stockholders
(including common, preferred, option, warrant and debenture holders), along
with holders of certain Demand Notes, will own approximately 92.6% of the
post-closing outstanding common stock of Lone Moose.   There is no assurance
this transaction will be completed.  For more information regarding this
transaction see the 8-K Current Report dated July 2, 2004, and filed with the
Securities and Exchange Commission on July 2, 2004.  See Item 6.

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

          (a)  Exhibits.

               31.1  302 Certification of Christopher B. Glover

               31.2  302 Certification of Michael C. Brown

               32    906 Certification

          (b)  Reports on Form 8-K.

               8-K Current Report dated July 2, 2004, and filed with the
Securities and Exchange Commission on July 2, 2004, regarding an agreement to
acquire Southwest Casino and Hotel Corp.

<PAGE>

                               SIGNATURES

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

                                      LONE MOOSE ADVENTURES, INC.



Date: 7/16/04                         By/S/Christopher B. Glover
     --------------                   -------------------------------------
                                        Christopher B. Glover
                                        President and Director


Date: 7/16/04                         By/S/Michael C. Brown
     --------------                   -------------------------------------
                                        Michael C. Brown
                                        Secretary/Treasurer/Controller/CFO
                                        and director