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

                                   FORM 10-QSB

(Mark One)

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

               For the quarterly period ended September 30, 2004

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

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

               Commission file number 000-49756


                                THE WORLD GOLF LEAGUE, INC.
                                ---------------------------
        (Exact name of small business issuer as specified in its charter)


            NEVADA                                   98-0201235
            ------                                   ----------
(State or other jurisdiction of          (IRS Employer Identification No.)
 incorporation or organization)


                 2139 SR 434, Suite 101, Longwood, Florida 32779
                 -----------------------------------------------
                    (Address of principal executive offices)


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


                                       N/A
                                       ---
                            (Former name and address)


     Check whether the registrant (1) has 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 [ ]

As of November 18, 2004, 486,019,121 shares of Common Stock of the issuer were
outstanding.

<PAGE>
                          PART I. FINANCIAL INFORMATION

ITEM  1.  FINANCIAL STATEMENTS



                           THE WORLD GOLF LEAGUE, INC.




                    UNAUDITED CONDENSED FINANCIAL STATEMENTS
     FOR THE THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2004 AND 2003


<PAGE>


                           THE WORLD GOLF LEAGUE, INC.
                                TABLE OF CONTENTS


                                                                            PAGE
                                                                            ----

Unaudited  Condensed  Financial  Statements:

  Unaudited  Condensed  Balance  Sheet  as  of  September  30,  2004
    and  December  31,  2003                                                   3

  Unaudited  Condensed  Statement  of  Operations  for  the  three
    months  and  nine  months  ended  September  30,  2004  and  2003          4

  Unaudited  Condensed  Statement  of  Stockholders'  Equity
    (Deficit)  for  the  nine  months  ended  September  30,  2004             5

  Unaudited  Condensed  Statement  of  Cash  Flows  for  the  nine
    months  ended  September  30,  2004  and  2003                             6

Notes  to  Unaudited  Condensed  Financial  Statements                         7

<PAGE>

<TABLE>
<CAPTION>

                          THE WORLD GOLF LEAGUE, INC.
                        UNAUDITED CONDENSED BALANCE SHEET
                    SEPTEMBER 30, 2004 AND DECEMBER 31, 2003


                                                          SEPTEMBER 30,  DECEMBER  31,
                                                             2004            2003
     ASSETS                                                (UNAUDITED)      (NOTE)
     ------                                               -------------  -------------
<S>                                                            <C>            <C>
Current assets:
  Cash and cash equivalents                               $     15,227   $     69,957
  License fee receivable, current                                    -         21,250
  Accounts receivable                                            2,543              -
                                                          -------------  -------------

    Total current assets                                        17,770         91,207

Property and equipment, net                                     17,518         19,674
License fee receivable, net of current portion                       -         20,000
Other assets                                                     1,875          1,875
                                                          -------------  -------------

      Total assets                                        $     37,163   $    132,756
                                                          =============  =============


LIABILITIES AND STOCKHOLDERS' DEFICIT
-------------------------------------

Current liabilities:
  Accounts payable                                        $     63,732   $     67,174
  Accrued liabilities                                           93,668        336,362
  Notes payable to prize winners                               290,939        300,000
  Payable to stockholders                                            -         33,000
  Deferred license fee revenue, current                              -         21,250
  Deferred membership fee revenue                              296,677              -
  Convertible debenture                                        245,500              -
  Deposit liability                                            230,000              -
                                                          -------------  -------------

    Total current liabilities                                1,220,516        757,786

Deferred license fee revenue, net of current portion                 -         20,000
                                                          -------------  -------------

    Total liabilities                                        1,220,516        777,786
                                                          -------------  -------------

Stockholders' deficit:
  Preferred stock; $0.001 par value; 10,000,000 shares
    authorized; 1,000,000 shares of Series A non-conver-
    tible, redeemable preferred stock issued and out-
    standing                                                     1,000          1,000
  Common stock; $0.001 par value; 500,000,000 shares
    authorized; 439,394,907 and 382,329,944 shares
    issued and outstanding at September 30, 2004 and
    December 31, 2003, respectively                            439,395        382,330
  Additional paid-in capital                                11,774,226      9,865,898
  Treasury stock, at cost, 2,576,817 and 3,128,447
    shares, respectively                                      (197,018)      (350,941)
  Accumulated deficit                                      (13,200,956)   (10,543,317)
                                                          -------------  -------------

    Total stockholders' deficit                             (1,183,353)      (645,030)
                                                          -------------  -------------

      Total liabilities and stockholders' deficit         $     37,163   $    132,756
                                                          =============  =============
</TABLE>

Note:  The  balance sheet at December 31, 2003 has been derived from the audited
financial  statements  at  that date but does not include all of the information
and  footnotes required by generally accepted accounting principles for complete
financial  statements.

                 The accompanying notes are an integral part of
                these unaudited condensed financial statements.
                                        3

<PAGE>

<TABLE>
<CAPTION>

                          THE WORLD GOLF LEAGUE, INC.
                  UNAUDITED CONDENSED STATEMENT OF OPERATIONS
     FOR THE THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2004 AND 2003


                                         THREE  MONTHS  ENDED          NINE  MONTHS  ENDED
                                             SEPTEMBER  30,                SEPTEMBER  30,
                                          2004           2003           2004           2003
                                      -------------  -------------  -------------  -------------
<S>                                        <C>            <C>            <C>            <C>
Membership fee revenue                $      1,410   $          -   $     49,601   $          -
License revenue                                  -              -              -              -
                                      -------------  -------------  -------------  -------------

  Total revenue                              1,410              -         49,601              -

Operating, general and adminis-
  trative expenses                         563,352      2,171,043      2,673,244      2,454,684
License fee reimbursement expense           20,000        500,080         20,000        500,080
                                      -------------  -------------  -------------  -------------

  Net operating loss                      (581,942)    (2,671,123)    (2,643,643)    (2,954,764)

Other income (expense):
  Interest expense                          (6,619)        (6,605)       (13,996)        (6,605)
                                      -------------  -------------  -------------  -------------

    Net income (loss)                 $    588,561   $ (2,677,728)  $ (2,657,639)  $ (2,961,369)
                                      =============  =============  =============  =============


Weighted average shares outstanding    435,189,970    269,801,355    416,679,720    257,955,465
                                      =============  =============  =============  =============

Earnings (loss) per share (basic
  and fully diluted)                  $      (0.00)  $      (0.01)  $      (0.01)  $      (0.01)
                                      =============  =============  =============  =============

</TABLE>


                 The accompanying notes are an integral part of
                these unaudited condensed financial statements.
                                        4
<PAGE>

<TABLE>
<CAPTION>

                                            THE WORLD GOLF LEAGUE, INC.
                               UNAUDITED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
                                    FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2004


                                                                                                                        TOTAL
                                                                                                                        STOCK-
                                    PREFERRED  STOCK      COMMON  STOCK        ADDITIONAL                               HOLDERS'
                                 ------------------- -----------------------    PAID-IN     TREASURY     ACCUMULATED    EQUITY
                                  SHARES    AMOUNT      SHARES      AMOUNT      CAPITAL       STOCK        DEFICIT     (DEFICIT)
                                 ---------  -------  ------------  ---------  ------------  ----------  -------------  ----------
<S>                              <C>        <C>      <C>           <C>        <C>           <C>         <C>
Balance as of December 31,
  2003                           1,000,000  $ 1,000  382,329,944   $382,330   $ 9,865,898   $(350,941)  $(10,543,317)  $  (645,030)

Common stock issued for
  services                               -        -   43,522,799     43,523     1,305,740           -              -     1,349,263

Common stock issued as payment
  of accrued liabilities                 -        -    1,194,444      1,194        78,806           -              -        80,000

Effect of beneficial conversion
  feature of convertible
  debentures                             -        -            -          -       250,000           -              -       250,000

Issuance of stock options for
  services                               -        -            -          -        32,541           -              -        32,541

Exercise of stock options for
  cash                                   -        -    4,000,000      4,000        76,000           -              -        80,000

Exercise of stock options in
  lieu of reduction in payable
  to stockholder and compensa-
  tion expense                           -        -    1,300,000      1,300        65,000           -              -        66,300

Correction of common stock
  issued upon recapitalization           -        -    2,255,263      2,255        (2,255)          -              -             -

Capital contributed by
  stockholders                           -        -            -          -       110,000           -              -       110,000

Common stock issued for cash             -        -    2,666,664      2,667        37,333           -              -        40,000

Purchase of treasury stock               -        -            -          -             -     (92,895)             -       (92,895)

Cancellation of treasury stock           -        -   (2,160,082)    (2,160)      (90,051)     92,211              -             -

Reissuance of treasury stock
  as payment of accrued
  liabilities                            -        -            -          -             -     154,607              -       154,607

Common stock issued upon
  conversion of debentures               -        -    4,240,875      4,241           259           -              -         4,500

Exercise of stock warrants
  for cash                               -        -       45,000         45        44,955           -              -        45,000

Net loss                                 -        -            -          -             -           -     (2,657,639)   (2,657,639)
                                 ---------  -------  ------------  ---------  ------------  ----------  -------------  ------------

Balance as of September 30,
  2004                           1,000,000  $ 1,000  439,394,907   $439,395   $11,774,226   $(197,018)  $(13,200,956)  $(1,183,353)
                                 =========  =======  ============  =========  ============  ==========  =============  ============

</TABLE>

                 The accompanying notes are an integral part of
                 these unaudited condensed financial statements.
                                        5
<PAGE>

<TABLE>
<CAPTION>

                          THE WORLD GOLF LEAGUE, INC.
                  UNAUDITED CONDENSED STATEMENT OF CASH FLOWS
              FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2004 AND 2003



                                                           NINE  MONTHS  ENDED
                                                              SEPTEMBER  30,
                                                       --------------------------
                                                           2004          2003
                                                       ------------  ------------
<S>                                                        <C>            <C>
Cash flows from operating activities:
  Net income (loss)                                    $(2,657,639)  $(2,961,369)
  Adjustment to reconcile net income (loss) to net
    cash used in operating activities                    2,170,804     1,501,016
                                                       ------------  ------------

      Net cash used in operating activities               (486,835)   (1,460,353)
                                                       ------------  ------------

Cash flows from financing activities:
  Increase (decrease) in book overdraft                          -             -
  Payments on note payable to stockholder                        -       (12,000)
  Capital contributed by stockholders                      110,000       376,203
  Cash contributed with reverse merger                           -        49,980
  Proceeds from issuance of common stock                    40,000     1,120,798
  Proceeds from exercise of stock options/warrants         125,000             -
  Proceeds from issuance of convertible debentures         250,000             -
  Purchase of treasury stock                               (92,895)            -
                                                       ------------  ------------

      Net cash provided by financing activities            432,105     1,534,981
                                                       ------------  ------------

Net increase (decrease) in cash and cash equivalents       (54,730)       74,628

Cash and cash equivalents, beginning of period              69,957           248
                                                       ------------  ------------

Cash and cash equivalents, end of period               $    15,227   $    74,876
                                                       ============  ============

Cash paid for interest                                 $         -   $         -
                                                       ============  ============

Cash paid for taxes                                    $         -   $         -
                                                       ============  ============

</TABLE>

                 The accompanying notes are an integral part of
                these unaudited condensed financial statements.
                                        6
<PAGE>

                          THE WORLD GOLF LEAGUE, INC.
           SELECTED NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS


1.     BACKGROUND  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES
       ---------------------------------------------------------------

     BACKGROUND
     ----------

     The  World  Golf  League,  Inc.  (the "Company") was founded in 1999 and is
     based  in Altamonte Springs, Florida. The Company has developed a "Play for
     Pay"  concept,  whereby  amateur  golfers worldwide compete in various golf
     tournaments  for  an  opportunity  to  win  actual prize money. The Company
     markets  this  concept  directly through wholesale providers in the United
     States and  internationally.

     RECAPITALIZATION
     ----------------

     Effective  April  14,  2003  the  Company  entered  into  a  share exchange
     agreement  (the "Agreement") whereby the Company agreed to exchange 100% of
     the  issued  and  outstanding  shares of its common stock for approximately
     120,000,000  shares,  with  the  possibility  of  receiving  an  additional
     30,000,000  shares,  of  the  issued  and  outstanding  shares  of  Novus
     Laboratories,  Inc.  ("Novus")  (a non-operating public shell corporation).
     The Agreement represented a recapitalization of the Company with accounting
     treatment  similar  to  that  used in a reverse acquisition, except that no
     goodwill  or intangible is recorded. A recapitalization is characterized by
     the merger of a private operating company into a non-operating public shell
     corporation with nominal net assets and typically results in the owners and
     managers of the private company having effective or operating control after
     the  transaction.  The Company emerged as the surviving financial reporting
     entity under the Agreement, but Novus Laboratories, Inc. (which changed its
     name  to  The  World  Golf  League,  Inc.)  remained as the legal reporting
     entity.  All  per  share  amounts  in  the accompanying unaudited condensed
     statement  of  operations  have been adjusted to reflect the effects of the
     recapitalization.

     USE  OF  ESTIMATES
     ------------------

     The  preparation  of  financial  statements  in  conformity with accounting
     principles  generally  accepted  in  the  United States of America requires
     management  to  make estimates and assumptions that affect reported amounts
     and  related disclosures. Actual results could differ from those estimates.

     REVENUE  RECOGNITION
     --------------------

     Annual  membership  fee  and  royalty  revenue  are  typically deferred and
     recognized  as  the  golf tournaments are played.

     Prior to December 31, 2003, the Company enters into license agreements with
     third  parties whereby the licensee had the right to develop and manage the
     Company's  marketing concept in an exclusive territory in the United States
     or  internationally.  The  license agreements generally required an initial
     down  payment  and  two  equal  annual installment payments for the initial
     license  fee and monthly royalty payments of 15% of gross revenue generated
     by  the  licensee.

     The  licensee  must  have  met  certain  market  penetration figures in its
     territory  annually  as  defined  in the agreement. If the licensee did not
     meet  the  performance requirements the licensee had to forfeit half of the
     original  license  fee  or  be  required to invest an additional 15% of the
     original license fee to renew the license for one year. If the licensee met
     the  performance  criteria  the license automatically renewed each year for
     life.

                                    Continued
                                        7
<PAGE>

                          THE WORLD GOLF LEAGUE, INC.
           SELECTED NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS


1.     BACKGROUND  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING POLICIES, CONTINUED
       -------------------------------------------------------------------------

     REVENUE  RECOGNITION,  CONTINUED
     --------------------------------

    The  Company  recognized  the  initial  license  fee  as  revenue using the
    installment method of accounting because the initial license fee was usually
    collectible  over  a  two-year  period and there was no reasonable basis for
    estimating  the receivable's collectibility. The initial license fee was not
    recognized  as  revenue  until  all  initial  services,  as required by the
    license  agreement,  had  been  performed  by  the  Company.

     During 2003 and 2004, these licenses were repurchased by the Company and
     the Company began to market the memberships directly and through wholesale
     providers.

     INCOME  TAXES
     -------------

     The Company uses the liability method of accounting for income taxes. Under
     this  method,  deferred  income  taxes  are  recorded  to  reflect  the tax
     consequences on future years of temporary differences between the tax basis
     of  assets  and  liabilities  and  their financial amounts at year-end. The
     Company  provides  a  valuation  allowance to reduce deferred tax assets to
     their  net  realizable  value.

     LOSS  PER  SHARE
     ----------------

     Basic  and  diluted loss per share is computed on the basis of the weighted
     average  number  of  shares of common stock outstanding during each period.
     Common  equivalent  shares  from  common  stock  options  and  warrants are
     excluded  from  the  computation  as their effect would dilute the loss per
     share  for  all  periods  presented.


2.     GOING  CONCERN  CONSIDERATIONS
       ------------------------------

     As  of and during the nine months ended September 30, 2004, the Company has
     continued to accumulate payables to its vendors and to the golfers who have
     won  prize money and has experienced negative financial results as follows:

       Negative  cash  flows  from  operations          $   (486,835)

       Net  loss                                        $ (2,657,639)

       Negative  working  capital                       $ (1,202,746)

       Accumulated  deficit                             $(13,200,956)

       Stockholders'  deficit                           $ (1,183,353)


     Management  has  developed  specific current and long-term plans to address
     its  viability  as  a  going  concern  as  follows:

     Effective  April  14,  2003,  the  Company  entered into a recapitalization
     transaction  with  Novus Laboratories, Inc., which was listed on the NASDAQ
     Bulletin  Board,  to  gain  access  to  public capital markets, to increase
     attractiveness  of  its  equity  and  to create liquidity for stockholders.

     The  Company  is  also attempting to raise funds through debt and/or equity
     offerings.  If successful, these additional funds would be used to pay down
     liabilities  and  to  provide  working  capital.


                                    Continued
                                        8
<PAGE>

                          THE WORLD GOLF LEAGUE, INC.
           SELECTED NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS


2.     GOING  CONCERN  CONSIDERATIONS,  CONTINUED
       ------------------------------------------

     In  the  long-term,  the  Company  believes  that cash flows from continued
     growth  in  its  operations  will  provide  the  resources  for  continued
     operations.

     There  can  be  no  assurance  that  the  Company  will have the ability to
     implement  its  business  plan  and  ultimately  attain  profitability. The
     Company's  long-term  viability  as a going concern is dependent upon three
     key  factors,  as  follows:

     -    The  Company's  ability  to  obtain adequate sources of debt or equity
          funding  to  meet current commitments and fund the continuation of its
          business  operations  in  the  near  term.

     -    The  ability  of  the  Company  to  control costs and expand revenues.

     -    The  ability  of  the  Company  to  ultimately  achieve  adequate
          profitability  and  cash  flows  from  operations  to  sustain  its
          operations.


3.     STOCK  OPTION  PLANS
       --------------------

     In  July 2003, the Company adopted the 2003 Stock Option Plan (the "Plan").
     The  purpose  of  the  Plan  is  to  maintain the ability of the Company to
     attract  and  retain  highly qualified and experienced directors, employees
     and  consultants  and  to  give such directors, employees and consultants a
     continued  proprietary  interest  in  the success of the Company. Under the
     Plan,  the aggregate number of shares of common stock that may be issued or
     optioned  is 4,000,000. The maximum term of options granted under this Plan
     is  ten  years. The exercise price of incentive stock options must be equal
     or greater than the fair market value of common stock on the date of grant.
     The  exercise price of incentive stock options granted to any person who at
     the time of grant owns stock possessing more than 10% of the total combined
     voting  power  of  all  classes  of stock must be at least 110% of the fair
     market  value  of  such  stock  on  the  date  of  grant.


     On August 1, 2003, the Company's Board of Directors authorized the issuance
     of  options  to  purchase 4,000,000 shares of the Company's common stock to
     its  CEO  at $0.051 per share, which approximated fair market value. During
     2003,  options  to purchase 2,700,000 shares of common stock were exercised
     and  the  proceeds used to pay back the payable to the CEO. During the nine
     months  ended  September  30,  2004,  the  remaining  options  to  purchase
     1,300,000  shares  of common stock were exercised and, in lieu of cash, the
     payable to the stockholder of $38,061 was reduced to $-0- and the remaining
     $28,239  was  recorded  as  compensation  expense.

     The  Company  has elected to follow Accounting Principles Board Opinion No.
     25,  "Accounting  for  Stock  Issued  to  Employees"  (APB  25) and related
     Interpretations  in  accounting  for its employee stock options because, as
     discussed  below,  the alternative fair value accounting provided for under
     FASB Statement No. 123, "Accounting for Stock-Based Compensation", requires
     use  of  option valuation models that were not developed for use in valuing
     employee  stock  options.

     Proforma  information  regarding  net  income  and  earnings  per  share is
     required  by  SFAS  No.  123 and No. 148, and has been determined as if the
     Company  had  accounted for its employee stock options under the fair value
     method  of  that  Statement.  There  were  no employee stock options issued
     during  the  nine  months  ended  September  30,  2004  nor  were there any
     outstanding  at  September  30,  2004.


                                    Continued
                                        9
<PAGE>

                          THE WORLD GOLF LEAGUE, INC.
           SELECTED NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS


3.     STOCK  OPTION  PLANS,  CONTINUED
       --------------------------------

     In  August  2003,  the  Company adopted the 2003 Non-Qualified Stock Option
     Plan  (the  "NQ  Plan") in order to attract and retain highly qualified and
     experienced  directors,  employees  and  consultants  and  to  give  such
     directors,  employees  and  consultants a continued proprietary interest in
     the  success of the Company. Under the NQ Plan, the Company may award up to
     85,000,000  shares  of  its  common stock or options to purchase its common
     stock to the directors, employees and consultants of the Company. All terms
     of  the  common stock, stock options or warrants granted under the Plan are
     at  the  discretion of the board of directors but will expire not more than
     ten  years  from  the  date  of  grant.

     During  the  nine months ended September 30, 2004, the Company entered into
     consulting  agreements  and,  in  accordance  with  the  NQ  Plan,  issued
     43,522,799  shares of common stock and options to purchase 4,000,000 shares
     of  common stock at an exercise price of $0.02 per share with an expiration
     date  within  45  days  of  the  grant  date, to various consultants of the
     Company  for  services  performed.  Based  on  the fair market value of the
     common  stock  on the date the terms of the agreement were agreed upon, the
     issuance  of  these  shares  resulted  in  the Company recording consulting
     expense  of  $1,349,263  and, using the Black Scholes Option Pricing Model,
     the  stock  options  resulted  in  $32,541  of  additional expense which is
     included  in the accompanying 2004 statement of operations. During the nine
     months  ended  September  30,  2004,  the  consultants  exercised the stock
     options  and  the  Company  received  proceeds  of  $80,000.


4.     CONVERTIBLE  DEBENTURES
       -----------------------

     Effective  June  4,  2004, the Company entered into an agreement whereby it
     agreed  to  issue $250,000 in convertible debentures which was funded as of
     September  30,  2004.  The  debentures bear interest at 7% per year payable
     monthly  in  cash  or  common  stock  at the debenture holder's option. The
     debentures  mature  June  3, 2006 and are convertible, at the option of the
     holder, to shares of the Company's common stock at a conversion price equal
     to  the  lesser  of (i) $0.25 or (ii) 80% of the average of the five lowest
     volume weighted average prices during the twenty days prior to the holder's
     election to convert. Based on the fair market value of the stock price, the
     Company  recorded  the  effect  of  this  beneficial  conversion, which was
     limited to $250,000, in the accompanying financial statements as of and for
     the  nine  months  ended  September 30, 2004. As of September 30, 2004, the
     Company  issued  4,240,875  shares  of  its common stock upon conversion of
     $4,500  of  its  convertible  debentures.

     In  addition,  the  Company  issued  to  the  holders  of  the  convertible
     debentures  warrants  to  purchase 2,500,000 shares of the Company's common
     stock  with  a  strike  price of $1.00 per share and a conversion period of
     three  years.  Using  the  Black-Scholes  option  pricing  model  with  the
     following  assumptions,  (i)  volatility of 200%, and (ii) interest rate of
     4%,  the  value  of  the  warrants was not material and no related interest
     expense  was  recorded  in  the accompanying statement of operations. As of
     September 30, 2004, warrants to purchase 45,000 shares of common stock were
     exercised  for  $45,000.

5.   Notes Payable to Prize Winners
     ------------------------------

     The notes payable to prize winners represent notes entered into with
     winners of the 2001 World Golf League National Tournament.  The notes bear
     interest at 5% and all principal and interest were due in September 2004.
     The principal and interest were not paid in September 2004 and therefore,
     the notes are in default and due on demand.

                                       10
<PAGE>

ITEM  2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

     THIS  REPORT  CONTAINS  FORWARD  LOOKING  STATEMENTS  WITHIN THE MEANING OF
SECTION  27A  OF  THE  SECURITIES ACT OF 1933, AS AMENDED AND SECTION 21E OF THE
SECURITIES  EXCHANGE ACT OF 1934, AS AMENDED. THE COMPANY'S ACTUAL RESULTS COULD
DIFFER  MATERIALLY  FROM  THOSE SET FORTH ON THE FORWARD LOOKING STATEMENTS AS A
RESULT  OF  THE RISKS SET FORTH IN THE COMPANY'S FILINGS WITH THE SECURITIES AND
EXCHANGE COMMISSION, GENERAL ECONOMIC CONDITIONS, AND CHANGES IN THE ASSUMPTIONS
USED  IN  MAKING  SUCH  FORWARD  LOOKING  STATEMENTS.

OVERVIEW

     The  World  Golf  League  (the  "Company",  "World  Golf"  or  "WGL")  was
incorporated  on  September  29,  1998  in  Delaware under the name Asia Pacific
Trading,  Inc.  On  May  11,  2000, Asia Pacific Trading, Inc. merged with Novus
Laboratories,  Inc.,  a  Nevada  corporation  ("Novus-NV"). Asia Pacific Trading
changed its name to Novus Laboratories on June 20, 2000. The business operations
of  Novus-NV  have  since  been  abandoned  and  Novus-NV  has  been  dissolved.

     In  February 2003, the Company completed a 2.7:1 forward stock split of its
issued and outstanding common stock. In March 2003, the Company completed a 10:1
forward  stock  split of its 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, the Company acquired in excess of 80% of the issued and
outstanding shares of The World Golf League, Inc., a Florida corporation ("World
Golf  Florida")  pursuant  to  an  Exchange Agreement whereby World Golf Florida
became  a wholly-owned subsidiary of the Company. As a result of the acquisition
of  World  Golf  Florida,  and  the change in business focus, Novus Laboratories
changed  its  name  to  The  World  Golf  League,  Inc.

     Novus  Shareholders  agreed  to  raise the Company a minimum of $500,000 or
they  would  cancel  30,000,000  post-split  shares  of  their common stock. The
company  and  the  Novus  Shareholders  amended  the terms of the Share Exchange
Agreement  to  provide  that a portion of the proceeds received from the sale of
the shares by the former Novus shareholders would be delivered to the Company in
lieu  of  canceling  the  shares.  Through  December  31, 2003, this arrangement
resulted  in  the  Company  receiving  an  aggregate  of  $376,203,  of  which a
significant portion was paid to the Florida Attorney General as discussed below.

     The  Exchange  Agreement stated that in the event $1,000,000 was not raised
by  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 Share Exchange Agreement. As $1,000,000 was
not  raised,  the Company will be issuing an additional 30,000,000 shares of its
restricted  common  stock to former shareholders of World Golf Florida. However,
Michael  Pagnano, the Company's Chief Executive Officer and a former shareholder
of  World  Golf  Florida, will not receive any additional shares. As a result of
Mr.  Pagnano  not receiving any additional shares, the 30,000,000 shares will be
reduced  accordingly.

<PAGE>

     The Company entered into a Stipulated Injunction with the State of Florida,
Office  of  the  Attorney  General  in  July 2003, regarding a settlement of the
Company's  unpaid  obligation  to  the  winners  of  the  2001 World Golf League
National  Tournament.  Pursuant to the Stipulated Injunction, the Company agreed
that  after  the  payment  of  certain  specific  expenses, the Florida Attorney
General  would receive 60% of the proceeds the Company receives from the sale of
its  common stock by the former Novus stockholders. During the fiscal year ended
December  31, 2003, the Company 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.  The  note became due in
September 2004, and the remaining balance owed as of September 30, 2004  of
$290,939 is in default,  as  discussed  below  under "Item 3. Defaults Upon
Senior Securities."

     The  World  Golf League, Inc. is based in Longwood, Florida and markets its
"Play  for  Pay" concept directly and through licensees in the United States and
27 international venues. The World Golf League was founded in 1999 to capitalize
on  the  largest  participation  sport in the world, 26.5 million golfers in the
United  States  and  over  60 million worldwide. The World Golf concept (average
golfers  playing  for  substantial  prize money with full handicap) has received
tremendous national publicity including the Golf Channel, Sports Illustrated and
several  major  market  news  publications.  In  four short years World Golf has
attracted  player  interest  from all over the world. Participants in World Golf
events  have included NFL Hall of Famers Lawrence Taylor and Rickey Jackson, NHL
Hall  of  Famer  Phil Esposito and a host of pro golfers including Fulton Allem.

     During  2003,  the  Company  began  repurchasing  certain  of  its  license
agreements  based  on  separate  agreed upon terms with the licensees. As of the
filing  of  this  report,  the  Company  has  repurchased all of its outstanding
license  agreements.

     In 2004, the Company added a World Championship tournament to its schedule.
The  first  one  was  played  in Scottsdale, Arizona May 13-15 2004. The Company
signed  Phil  Esposito, a professional hockey player and NHL Hall of Famer, to a
one  year  endorsement  contract.  Mr.  Esposito joins World Golf as an official
spokesperson  to  provide  endorsement services for World Golf in television and
print  advertising.  The  Company  also signed Fred Funk to a one-year agreement
under  which  Mr.  Funk  will represent the Company in any future television and
print  advertising  campaigns.

     The  Company  completed  the concept and planning phase for a reality based
television series entitled "The WGL Million Dollar Shoot Out." The Company plans
for  thirty-two  (32)  players to compete in a WGL handicapped, winner takes all
event.  The  Company is presenting the pilot to networks and potential sponsors.
The  Company  intends to produce the series over a two-week period in Las Vegas,
Nevada  in  January 2005. The Company plans to air eleven (11) one-hour episodes
on  national cable during April 2005. The Company will retain all rights for the
series  and  act  as  executive  producer.  Convergence  Film  and Television of
Orlando,  Florida  will  act  as  producers  of  the  series.

     In June 2004, the Company entered into a Securities Purchase Agreement with
Golden  Gate  Investors,  Inc.  ("Golden  Gate")  for  the  sale  of convertible
debentures  in  an  aggregate  principal  amount  of  $250,000 (the "Convertible
Debentures"  or  "Debentures").  The  Debentures bear interest at 7%, mature two
years  from  the date of issuance, and are convertible into the Company's common
stock  into  the  number  of  the  Company's shares of common stock equal to the
principal  amount  of  the debentures being converted multiplied by eleven (11),
less the product of the conversion price multiplied by ten (10) times the dollar
amount  of the Debentures being converted, and the entire foregoing result shall
be  divided  by the conversion price. The conversion price for the Debentures is
the lesser of (i) $0.25; or (ii) eighty percent (80%) of the average of the five
(5)  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. The Debentures are convertible
at  the  holder's option. Based on the fair market value of the stock price, the
Company  recorded the effect of this beneficial conversion, which was limited to
$250,000, in the accompanying financial statements as of and for the nine months
ended September 30, 2004. As of September 30, 2004, the Company issued 4,240,875
shares  of  its  common  stock  upon  conversion  of  $4,500  of its convertible
debentures.

<PAGE>

     The  Securities  Purchase  Agreement  also  provided  for  the  issuance of
warrants  to  purchase  up  to an aggregate of 2,500,000 shares of the Company's
common  stock at an exercise price of $1.00 per share and a conversion period of
three years (the "Warrants"). The Warrants may be exercised concurrently with or
subsequent  to  the  conversion of the Debentures. As set forth in Note 4 to the
financial  statements  provided  herein,  using the Black-Scholes option pricing
model  with the following assumptions, (i) volatility of 200%, and (ii) interest
rate  of  4%, the value of the warrants was not material and no related interest
expense  was  recorded  in  the  accompanying  statement  of  operations.  As of
September  30,  2004,  Warrants  to  purchase 45,000 shares of common stock were
exercised  for  $45,000.

     In  June  2004,  the  Company  began a plan to sell its membership packages
through  wholesale distribution channels. The Company contracts with a marketing
promotions  firm  that distributes the memberships at different discounted price
points  based  on  volume  to corporations, charities, auto dealerships or other
large  organizations.  In  August  2004, the Company entered into a twelve-month
contract with Upwon LLC, a marketing promotions firm in Orlando that specializes
in  the  retail  consumer electronics industry ("Upwon"). During the period from
August to November 2004, Upwon and the Company have contracted for Upwon to give
away  an  aggregate of approximately 145,000 World Golf brochures in conjunction
with  purchases  of  certain consumer electronic brands at major national retail
outlets.  Upwon  and  the  Company  have also contracted for Upwon to distribute
60,000  brochures within the leisure cruise industry and 40,000 brochures within
the  professional sports industry. The brochures contain information about World
Golf  along  with  a membership application. Beginning in 2005, the Company will
receive $50 from every person who obtains a World Golf membership through Upwon.
Upwon  previously  paid  the  Company $296,677 in advance, which the Company has
recorded  as  deferred revenue. Under the current terms of the agreement between
Upwon  and  the Company, however, the Company does not receive a payment until a
World  Golf  membership  is  entered  into.

COMPARISON OF OPERATING RESULTS

THREE MONTHS ENDED SEPTEMBER 30, 2004 COMPARED TO THREE MONTHS ENDED SEPTEMBER
30, 2003

     The Company had $1,410 of membership fee revenue for the three months ended
September  30,  2004,  as  compared  to  no membership fee revenue for the three
months  ended September 30, 2003. The increase in membership fee revenue was due
to  was  due  to  the  implementation of the wholesale membership sales channel.

<PAGE>

     Operating,  general  and  administrative  expenses decreased $1,607,691 (or
74%)  to  $563,352 for the three months ended September 30, 2004, as compared to
$2,171,043  for  the  three  months  ended  September  30, 2003. The decrease in
operating,  general  and  administrative  expenses was due to a reduction in the
amount  of  common  stock  issued  for  consulting  services  during  2004.

     License  fee  reimbursement  expense was $20,000 for the three months ended
September 30, 2004, as compared to $500,080 for the three months ended September
30,  2003.  The  Company  repurchased  most  of  its  licenses  during  2003.

     Net  operating loss decreased $2,089,181 (or 78%) to $588,942 for the three
months  ended September 30, 2004, as compared to $2,671,123 for the three months
ended  September  30, 2003. The decrease in net operating loss was primarily due
to  the  decreases in operating, general and administrative expenses and license
fee  reimbursement  expense.

     Interest  expense was $6,619 for the three months ended September 30, 2004,
as  compared  to interest expense of $6,605 for the three months ended September
30,  2003.

     Net  loss  decreased  $2,119,167  (or 79%) to $558,561 for the three months
ended  September  30,  2004, as compared to net loss of $2,677,728 for the three
months  ended  September 30, 2003. The decrease in net loss was primarily due to
the  decreases  in operating, general and administrative expense and license fee
reimbursement  expense.

     As  of  September  30,  2004,  the  Company  had  an accumulated deficit of
$13,200,956.

NINE MONTHS ENDED SEPTEMBER 30, 2004 COMPARED TO NINE MONTHS ENDED SEPTEMBER 30,
2003

     The Company had $49,601 of membership fee revenue for the nine months ended
September 30, 2004, as compared to no membership fee revenue for the nine months
ended  September 30, 2003. The increase in membership fee revenue was
due  to  the  implementation  of  the  wholesale  membership  sales  channel.

     Operating,  general  and administrative expenses increased $218,560 (or 9%)
to  $2,673,244  for  the  nine  months  ended September 30, 2004, as compared to
$2,454,684  for  the  nine  months  ended  September  30,  2003. The increase in
operating,  general  and  administrative  expenses  was due to costs incurred to
develop  the  reality-based  television  show,  to  implement  the  wholesale
distribution  channel, and to maintain the Company's status as a fully reporting
public  company.

     License  fee  reimbursement  expense  was $20,000 for the nine months ended
September  30, 2004, as compared to $500,080 for the nine months ended September
30,  2003.  The  Company  repurchased  most  of  its  licenses  during  2003.

<PAGE>

     Net  operating  loss decreased $311,121 (or 11%) to $2,643,643 for the nine
months  ended  September 30, 2004, as compared to $2,954,764 for the nine months
ended  September  30,  2003.  The  decrease in net operating loss was due to the
decrease  in license fee reimbursement expense that was offset by an increase in
operating,  general  and  administrative  expenses.

     Interest  expense increased $7,391 (or 112%) to $13,996 for the nine months
ended  September  30,  2004,  as  compared  to  $6,605 for the nine months ended
September 30, 2003. The increase in interest expense was due to interest expense
paid  on  the  $250,000  Convertible  Debenture.

     Net  loss  decreased  $303,730  (or  10%) to $2,657,639 for the nine months
ended  September  30,  2004,  as compared to net loss of $2,961,369 for the nine
months  ended  September 30, 2003. The decrease in net loss was primarily due to
the  increase  in  membership  fee  revenue  and  the  decrease  in  license fee
reimbursement expense that were  offset  by increases  in operating, general and
administrative  expenses  and  interest  expense.

     As  of  September  30,  2004,  the  Company  had  an accumulated deficit of
$13,200,956.

LIQUIDITY AND CAPITAL RESOURCES

     As  of  September 30, 2004, total current assets were $17,770 consisting of
cash  and  cash  equivalents  of  $15,227  and  accounts  receivable  of $2,543.

     Total  current  liabilities  were  $1,220,516  as  of  September  30, 2004,
consisting of deferred membership fee revenue of $296,677, note payable to prize
winners  of  $290,939,  convertible  debenture of $245,500, deposit liability of
$230,000,  accrued  liabilities  of  $93,668,  and  accounts payable of $63,732.

     The  Company  had  negative  net working capital of $1,202,746 for the nine
months  ended  September  30,  2004.

     The  Company had a net decrease in cash and cash equivalents of $54,730 for
the  nine months ended September 30, 2004. Net cash used in operating activities
was  $486,835 during the nine months ended September 30, 2004.

     The  Company  did  not have any cash flows from investing activities during
the  nine  months  ended  September  30,  2004.

     Net  cash  provided  by  financing  activities was $432,105 during the nine
months  ended  September  30,  2004, consisting of proceeds from the issuance of
convertible  debentures  of  $250,000,  proceeds  from  the  exercise  of  stock
options/warrants  of  $125,000, capital contributed by stockholders of $110,000,
and  proceeds from the issuance of common stock of $40,000, which were offset by
the  purchase  of  treasury  stock  of  $92,895.

     The Company  believes that it can operate at its current level of liquidity
for  the  next  twelve  months.  In addition to the money raised pursuant to the
Securities  Purchase  Agreement,  it  is  imperative  that  the Company raise an
additional $2,000,000 of capital in order to implement its business plan. During
the  period  covered  by  this  report,  the  Company  received  an aggregate of
$525,000.  The  Company  is  attempting  to  raise additional funds through debt
and/or equity offerings. The Company intends to use any funds raised to pay down
debt  and to provide the Company with working capital. There can be no assurance
that  any  new  capital would 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 additional financing
has  been  secured  or identified. The Company has no commitments from officers,
directors  or  affiliates to provide funding. If the Company is unable to obtain
debt  and/or  equity  financing  upon  terms that the Company's management deems
sufficiently  favorable,  or  at  all, it would have a materially adverse impact
upon  the  Company's  ability  to  pursue its business strategy and maintain its
current operations. As a result, it may require the Company to delay, curtail or
scale  back some or all of its operations including future golf tournaments. The
Company  does  not  currently  have  commitments  for  capital  at  this  time.

<PAGE>

RISK FACTORS

     Dependence  Upon  External  Financing.  It  is  imperative  that  we  raise
additional  capital  to  stay  in  business.  We  require  additional capital of
approximately $291,000 to satisfy the obligations of our past tournament winners
which obligation  became due in September 2004.  We also require  $2,000,000  of
additional  capital  in  order  to  implement  our  business  plan. Without this
additional  capital,  the  Company  believes  that it can operate at its current
level  of  liquidity  for the next twelve months. The Company is taking steps to
raise  additional debt or equity capital. 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.

     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 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.

     Need  to  Amend  Our  Certificate  of  Incorporation.  We need to amend our
Certificate of Incorporation to satisfy our obligations to issue shares pursuant
to  the  conversion  of  the  Debentures  and/or the issuance of shares upon the
exercise  of  the  Warrants.  Any  issuance of shares of common stock that would
require  us  to issue shares of common stock in excess of our authorized capital
is  contingent upon us obtaining shareholder approval to increase our authorized
shares  of  common  stock  from  500,000,000  to  1,200,000,000  and  filing  a
Certificate  of  Amendment  to  our  Certificate of Incorporation. On August 18,
2004, we filed a preliminary information statement with the Commission, which we
amended  on  October  27,  2004, as required by the Commission. As stated in the
information  statement, a majority of our stockholders will approve an amendment
to  our  Articles  of  Incorporation,  as  amended,  to  increase  the number of
authorized  shares  of  common  stock  from  500,000,000  to  1,200,000,000. The
issuance  of  additional  shares  will  have  the effect of further diluting the
proportionate  equity  interest and voting power of holders of our common stock.

<PAGE>

     Risk  That  We  Will  Be  Unable  to  Attract New Members. In order for the
Company to be successful in its operations, it will need to attract new members.
In  the  event the Company is unable to attract new members, it is unlikely that
the  Company  will  be  able to continue its business model and the Company will
likely  be  forced  to  curtail  operations.

     Risk  That  Offers  for  Memberships  Distributed  Through  Our  Wholesale
Distribution  Channel  May  Not  Be  Redeemed.  We have contracted with Upwon to
distribute  an  aggregate  of  245,000 brochures, that include an application to
obtain  a  World Golf membership for $50. Upwon will distribute the brochures to
people  in  the  consumer electronics industry, the leisure cruise industry, and
the  professional  sports  industry.  World  Gold  will  receive  $50  for every
membership  that is entered into. The wholesale distribution channel is the only
manner  in  which  we  currently  sell World Golf memberships. If the people who
receive  our  brochure do not obtain World Golf memberships, we will not realize
revenue  from  the  wholesale  distribution  channel, which will have a material
adverse  effect  on  our business, results of operation and financial condition.

     Reliance  on  Key  Management.  Our  success  is  highly dependent upon the
continued  services  of  Michael S. Pagnano, our Chief Executive Officer. If Mr.
Pagnano  were  to  leave  us, it could have a materially adverse effect upon our
business  and  operations.

     Our Auditors Have Expressed Substantial Doubt About Our Ability to Continue
As a Going Concern. Ham, Langston & Brezina, LLP, in their independent auditors'
report  on our balance sheet as of December 31, 2003, and the related statements
of operations, stockholders' deficit and cash flows for the years ended December
31,  2003  and  2002,  have  expressed  "substantial doubt" as to our ability to
continue  as  a  going  concern based on operating losses we have incurred since
inception.  Our  financial  statements do not include any adjustments that might
result  from the outcome of that uncertainty. The going concern qualification is
also  described  in  Note  2  of  the notes to our financial statements provided
herein.

CRITICAL ACCOUNTING POLICIES

     Our  discussion  and  analysis  of  our  financial condition and results of
operations  is  based  upon  our  audited  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, including those
related  to  uncollectible  receivable,  investment  values,  income  taxes, the
recapitalization and contingencies. 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.

<PAGE>

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

Revenue Recognition

     Annual  membership  fee and royalty revenue are recognized when the golf
tournaments are played.

     Historically,  the  Company  entered  into  license  agreements  with third
parties  whereby  the licensee had the right to develop and manage the Company's
marketing  concept  in  an  exclusive  territory  in  the  United  States  or
internationally.  The  license  agreements  generally  required  an initial down
payment  and  two  equal annual installment payments for the initial license fee
and  monthly royalty payments of 15% of gross revenue generated by the licensee.
During  2003,  the  Company  re-purchased  most  of  the  licenses.

Stock Based Compensation

     The  Company  accounts  for  its  stock compensation arrangements under the
provisions  of  Accounting Principles Board ("APB") No. 25 "Accounting for Stock
Issued  to  Employees".  The  Company provides disclosure in accordance with the
disclosure-only  provisions  of  Statement  of  Financial  Accounting  Standard
("SFAS")  No.  123  "Accounting  for  Stock-Based  Compensation".

ITEM 3.   CONTROLS AND PROCEDURES

     (a)  Evaluation  of disclosure controls and procedures. Our 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 the end of the period
covered  by this quarterly report (the "Evaluation Date"), has concluded that as
of the Evaluation Date, our disclosure controls and procedures were adequate and
designed  to  ensure  that  material information required to be disclosed by the
Company  in  the reports that it files or submits under the Exchange Act of 1934
is  1)  recorded,  processed,  summarized  and reported, within the time periods
specified  in  the  Commission's  rules  and  forms;  and  2)  accumulated  and
communicated  to him as appropriate to allow timely decisions regarding required
disclosure.

     (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  August  2003,  Equity  Growth & Management ("Equity Growth") filed suit
against  the  World  Golf  League,  Inc.  in  Seminole  County Court in Sanford,
Florida.  Equity  Growth  was  seeking  24,000,000  shares  in connection with a
finder's  fee  from  an  introduction of a reverse merger. In March 2004, Equity
Growth  and  the  Company  entered  into a settlement agreement resulting in the
issuance of 24,000,000 shares of common stock. In April 2004, the judge approved
the settlement agreement and the issuance of restricted shares. In October 2003,
the  Company  issued  Equity Growth, of which Tom Waite is the beneficial owner,
24,000,000  restricted  shares of its common stock in consideration for services
provided in connection with a reverse merger transaction. The Company's transfer
agent,  however,  issued  the shares without a restrictive legend. Equity Growth
deposited  the  shares  with a broker and sold 7,000,000 shares of the Company's
common stock into the public market. To remedy the situation, the transfer agent
requested  the  return of the shares from the broker on the Company's behalf. As
part  of  this litigation, the Company has reissued the 17,000,000 shares of the
Company's  common  stock with a restrictive legend to Equity Growth.

<PAGE>

     In  July  2003,  the  Company entered into a Stipulated Injunction with the
State  of  Florida  Office of the Attorney General regarding a settlement of the
Company's  unpaid  obligation  to  the  winners  of  the  2001 World Golf League
National  Tournament.  Pursuant to the Stipulated Injunction, the Company agreed
that,  after  the  payment  of  certain  specific expenses, the Florida Attorney
General  would receive 60% of the proceeds the Company receives from the sale of
its  common  stock  by  the  former  Novus  stockholders.  During the year ended
December 31, 2003, the Company has paid $314,000 to the Florida Attorney General
and  executed  a  note  payable  to  the  winners  of the 2001 World Golf League
National  Tournament  for  $300,000  in  full  settlement  of  this  lawsuit. In
addition,  the  Company  paid the Florida Attorney General $20,000 in connection
with  the  settlement.

ITEM 2.  CHANGES IN SECURITIES

     (c)  In  July  2004, the Company issued 500,000 shares and 4,500,000 shares
(or  an aggregate of 5,000,000 shares) of common stock which were not registered
under  the  Securities  Act  of  1933  (the  "Securities Act") to two companies,
respectively,  for  preparing  a  research  report  for the Company. The Company
claims  an exemption from registration afforded by Section 4(2) of 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 the Company took appropriate
measures  to  restrict  transfer.

     Also  in June 2004, the Company issued 344,315 shares of common stock which
were  not  registered  under  the  Securities Act to an individual who was never
issued shares in connection with the Exchange Agreement that the Company entered
into  in  2003.  The  Company claims the exemption from registration afforded by
Rule  506  of  Regulation  D  under  the  Securities  Act.

     (d)  Our  Registration  Statement  on Form SB-2, as amended, Securities and
Exchange  Commission  File Number 333-117682 became effective on August 2, 2004.
The  Company  will  not  receive  any  proceeds  from the sale of the securities
registered.  We  registered  a  total  of  67,500,000  shares  of  common  stock
consisting  of 65,000,000 shares underlying Convertible Debentures and 2,500,000
shares  underlying  Warrants.  There is in fact no limit on the number of shares
into  which  the  Debenture  may  be  converted.  Our majority shareholders will
approve  an  amendment  to  our  Certificate  of  Incorporation  to increase our
authorized  shares  of  common  stock  to  1,200,000,000  shares.

     (e)  The  Company  repurchased  an  aggregate of 1,387,589 shares of common
stock  from four investors for an aggregate purchase price of $61,446 during the
three  months  ended  September  30,  2004.

<PAGE>

ITEM 3.   DEFAULTS UPON SENIOR SECURITIES

     Notes  payable in the amount of $293,000 that were issued to the winners of
the Company's 2001 World Golf League National Tournament, which bear interest at
5% per annum, became due on September 16, 2004, and have not been paid as of the
filing  of  this  report.  Pursuant to the terms of the notes, the Company is in
default  for  non-payment  of  an  aggregate  principal  amount  of  $293,000.

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

     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.

     b)     REPORTS ON FORM 8-K

     The Company did not file any reports on Form 8-K during the quarter for
which this report is filed


                                   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: November 22, 2004                    By: /s/ Michael Pagnano
                                             ------------------------
                                             Michael Pagnano
                                             Chief Executive Officer and
                                             Chief Financial Officer

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