SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

                                   (Mark One)

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

                For the quarterly period ended September 30, 2003

                                       OR

[ ] TRANSITION REPORT UNDER SECTION 13 OF 15(D) OF THE EXCHANGE ACT OF 1934

          From the transition period from ___________ to ____________.

                        Commission File Number  000-49756


                           THE WORLD GOLD LEAGUE, INC
                           --------------------------
             (Exact name of registrant as specified in its charter)


                               Delaware98-0201235
                               ------------------
    (State or other jurisdiction of incorporation or organization)(IRS Employer
                               Identification No.)


           258 East Altamonte Drive, Altamonte Springs, Florida 32701
           ----------------------------------------------------------
                    (Address of principal executive offices)

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

                                      N/A
                                      ---
                  (Former name, if changed since last report)

     Indicate by check mark whether the registrant (1) filed all reports
required to be filed by Section 13 or 15(d) of the Exchange Act during the past
12 months (or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past
90 days:

                                   Yes  X   No

As of November 19, 2003, 374,007,431 shares of Common Stock of the issuer were
outstanding.

                          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, 2003 AND 2002

<PAGE>



                           THE WORLD GOLF LEAGUE, INC.
                                TABLE OF CONTENTS


                                                                       PAGE
                                                                       ----

Unaudited  Condensed  Financial  Statements:

  Unaudited  Condensed  Balance  Sheet  as  of  September  30,  2003      3

  Unaudited  Condensed  Statement  of  Operations  for  the  three
    months  and  nine  months  ended  September  30,  2003  and  2002     4

  Unaudited  Condensed  Statement  of  Stockholders'  Equity
    (Deficit)  for  the  nine  months  ended  September  30,  2003        5

  Unaudited  Condensed  Statement  of  Cash  Flows  for  the  nine
    months  ended  September  30,  2003  and  2002                        6

Notes  to  Unaudited  Condensed  Financial  Statements                    7


<PAGE>

<TABLE>
<CAPTION>

                          THE WORLD GOLF LEAGUE, INC.
                        UNAUDITED CONDENSED BALANCE SHEET
                               SEPTEMBER 30, 2003
                                   __________


ASSETS
------
<S>                                                        <C>
Current assets:
  Cash and cash equivalents                                $    74,876
  License fee receivable, current                               20,000
                                                           ------------

    Total current assets                                        94,876

Property and equipment, net                                      8,085
License fee receivable, net of current portion                  20,000
                                                           ------------

      Total assets                                         $   122,961
                                                           ============


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

Current liabilities:
  Accounts payable                                         $    52,546
  Accrued liabilities                                          535,614
  Notes payable                                                300,000
  Deferred license revenue, current                             20,000
                                                           ------------

    Total current liabilities                                  908,160

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

    Total liabilities                                          928,160

Stockholders' deficit:
  Preferred stock; $0.001 par value; 10,000,000 shares
    authorized; 1,000,000 shares of Series A non-
    convertible, redeemable preferred stock issued and
    outstanding                                                  1,000
  Common stock; $0.001 par value; 500,000,000 shares
    authorized; 289,454,589 shares issued and outstanding      289,455
  Additional paid-in capital                                 7,018,552
  Treasury stock                                              (350,941)
  Accumulated deficit                                       (7,763,265)
                                                           ------------

    Total stockholders' deficit                               (805,199)
                                                           ------------

      Total liabilities and stockholders' deficit          $   122,961
                                                           ============

</TABLE>


     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, 2003 AND 2002
                                   __________


                                         THREE  MONTHS  ENDED            NINE  MONTHS  ENDED
                                             SEPTEMBER  30,                SEPTEMBER  30,
                                          2003           2002           2003           2002
                                      -------------  -------------  -------------  -------------
<S>                                   <C>            <C>            <C>            <C>
Membership fee revenue                $          -   $     21,207   $          -   $     43,150
License revenue                                  -         68,750              -        177,750
                                      -------------  -------------  -------------  -------------

  Total revenue                                  -         89,957              -        220,900

Operating, general and adminis-
  trative expenses                       2,171,043        336,854      2,454,684        757,261
License fee reimbursement expense          500,080              -        500,080              -
Settlement expense                               -              -              -        192,000
                                      -------------  -------------  -------------  -------------

  Net operating loss                    (2,671,123)      (246,897)    (2,954,764)      (728,361)

Other income (expense):
  Interest expense                          (6,605)        (6,595)        (6,605)       (19,785)
                                      -------------  -------------  -------------  -------------

    Net income (loss)                 $ (2,677,728)  $   (253,492)  $ (2,961,369)  $   (748,146)
                                      =============  =============  =============  =============


Weighted average shares outstanding    269,801,355    228,462,842    257,955,465    228,348,741
                                      =============  =============  =============  =============

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

</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, 2003
                                                                  __________


                                                                                                                        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>           <C>
Balance as of December 31,
  2002                                      -  $     -    8,468,000  $  8,468  $3,587,432   $       -   $(4,801,896)  $(1,205,996)

Effect of reverse merger                    -        -  186,447,874   186,448    (136,468)          -             -        49,980

Capital contributed by
  stockholders                              -        -            -         -     376,203           -             -       376,203

Common stock issued for
  services                                  -        -   31,764,690    31,765   1,026,181           -             -     1,057,946

Common stock issued as payment on
  note payable                              -        -    2,666,667     2,667     215,333           -             -       218,000

Preferred stock issued as compen-
  sation                            1,000,000    1,000            -         -      49,000           -             -        50,000

Common stock issued as compensa-
  tion and payment on payable to
  officer of the Company                    -        -    2,700,000     2,700     135,000           -             -       137,700

Exercise of stock options                   -        -   57,407,358    57,407   1,063,391           -             -     1,120,798

Issuance of stock options for
  services                                  -        -            -         -     702,480           -             -       702,480

Purchase of treasury stock                  -        -            -         -           -    (350,941)            -      (350,941)

Net loss                                    -        -            -         -           -           -    (2,961,369)   (2,961,369)
                                    ---------  -------  -----------  --------  -----------  ----------  ------------  ------------

Balance as of September 30,
  2003 (unaudited)                  1,000,000  $ 1,000  289,454,589  $289,455  $7,018,552   $(350,941)  $(7,763,265)  $  (805,199)
                                    =========  =======  ===========  ========  ===========  ==========  ============  ============


</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, 2003 AND 2002
                                   __________



                                                          NINE  MONTHS  ENDED
                                                            SEPTEMBER  30,
                                                          -------------------
                                                           2003         2002
                                                       ------------  ----------
<S>                                                    <C>           <C>
Cash flows from operating activities:
  Net income (loss)                                    $(2,961,369)  $(748,146)
  Adjustment to reconcile net income (loss) to net
    cash used in operating activities                    1,501,016     289,753
                                                       ------------  ----------

      Net cash used in operating activities             (1,460,353)   (458,393)

Cash flows from financing activities:
  Increase (decrease) in book overdraft                          -     (26,507)
  Payments on note payable to stockholder                  (12,000)          -
  Capital contributed by stockholders                      376,203           -
  Cash contributed with reverse merger                      49,980           -
  Proceeds from issuance of common stock                 1,120,798     484,900
                                                       ------------  ----------

      Net cash provided by financing activities          1,534,981     458,393
                                                       ------------  ----------

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

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

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


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

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

Non-cash investing and financing activities:

  Common stock issued to pay off liabilities to
    stockholders                                       $   355,700   $       -
                                                       ============  ==========

</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  and  through  licensees  in  the  United  States  and internationally.

     REVERSE  MERGER
     ---------------

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  reverse  merger.

In  connection  with  the  Agreement, the Novus stockholders agreed to raise the
Company  a minimum of $500,000 or the Novus stockholders would cancel 30,000,000
shares  of the common stock they own in the new company.  Since the $500,000 was
not  raised,  the  Company  and  the Novus stockholders amended the terms of the
Agreement  to  provide that proceeds received from the sale of the shares of the
Company's  common  stock  by  the  Novus  stockholders would be delivered to the
Company  in  lieu of canceling the 30,000,000 shares.  As of September 30, 2003,
the  Company  received  an  aggregate  of  $376,203  from  the  former  Novus
stockholders.

In addition, the Agreement stated that in the event $1,000,000 was not raised by
the  Novus  stockholders,  stockholders  of  The  World  Golf League, Inc. would
receive  an  additional  30,000,000 shares on a pro rata basis as their original
shares  were  issued  pursuant  to  the  Agreement.  As  $1,000,000 has not been
raised, The World Golf League, Inc. anticipates issuing an additional 30,000,000
shares  of its restricted common stock to the original stockholders of The World
Golf  League,  Inc.

     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.

                                    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
     --------------------

Annual  membership fee and royalty revenue are recognized ratably over the year.

The  Company  enters  into  license  agreements  with  third parties whereby the
licensee  has 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  require  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  meet  certain  market  penetration figures in its territory
annually  as  defined  in  the  agreement.  If  the  licensee  does not meet the
performance requirements the licensee could 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 meets the performance criteria
the  license  automatically  renews  each  year  for  life.

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

     CONCENTRATIONS  OF  CREDIT  RISK
     --------------------------------

Financial instruments which subject the Company to concentrations of credit risk
include  cash  and  cash  equivalents  and  license  fee  receivables.

The  Company  maintains  its  cash  in  well  known  banks  selected  based upon
management's  assessment  of  the  banks'  financial  stability.  Balances
periodically  exceed  the  $100,000 federal depository insurance limit; however,
the  Company  has  not  experienced  any  losses  on  deposits.

License fee receivables arise from the sale of new licenses to various companies
or  individuals  throughout the world.  Collateral is generally not required for
credit  granted.

     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.


                                    Continued

                                        8

<PAGE>


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


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

During  the  nine  months ended September 30, 2003, 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          $(1,460,353)

       Negative  working  capital                       $  (813,284)

       Accumulated  deficit                             $(7,763,265)

       Stockholders'  deficit                           $  (805,199)


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 reverse merger 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.

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.     COMMITMENTS  AND  CONTINGENCIES
       -------------------------------

     LICENSE  AGREEMENTS
     -------------------

During  the three months ended September 30, 2003 the Company began repurchasing
certain  of  its license agreements based on separate agreed upon terms with the
licensees.  As of September 30, 2003 the Company paid approximately $345,000 and
still  owed  approximately $155,000 to 15 former licensees for the repurchase of
the  licenses.  These  repurchases also resulted in the reduction of license fee
receivable  and  deferred license fees of $443,000 in the accompanying unaudited
condensed  balance  sheet  at  September  30,  2003.



                                    Continued

                                        9

<PAGE>


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


3.     COMMITMENTS  AND  CONTINGENCIES,  CONTINUED
       -------------------------------------------

Per  certain  of  the  license  agreements, the Company is required to issue one
share  of  its common stock for each two dollars of the initial license fee paid
by  the  licensee.  As  of  September 30, 2003 the Company is committed to issue
40,000  shares  of  its  common  stock to certain licensees once the installment
payments  on  their  initial  license  fee  are  received.


4.     LAWSUIT  SETTLEMENT
       -------------------

The  Company  entered  into  a  Stipulated  Injunction with the State of Florida
Office  of  the  Attorney  General  in  July  2003.  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  (See  Note  1).  During the three months ended September 30, 2003,
the  Company has paid $314,000 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.


5.     CAPITAL  STOCK
       --------------

On  October  8,  2003  the  Company increased the authorized number of shares of
common  stock  to  500,000,000  shares  and  the  authorized number of shares of
preferred  stock  to  10,000,000  shares.


6.     PREFERRED  STOCK
       ----------------

During  the  three  months  ended  September  30,  2003  the  Company's Board of
Directors  established  a series of 1,000,000 redeemable, non-convertible shares
of Series A preferred stock, $0.001 par value per share, that have voting rights
equal  to  300 votes per share of preferred stock and ranks senior to the common
stockholders  with  respect to the winding up, liquidation or dissolution of the
Company.  The  1,000,000  shares  of Series A preferred stock were issued to the
CEO  of  the  Company  as  compensation for his services, which gives him voting
control  of  the  Company.  The preferred stock is redeemable by the Company for
$50,000  at  any  time.  As  such,  the  value placed on the preferred stock was
$50,000  which  was  recorded  in  general  and  administrative  expenses in the
accompanying  unaudited  condensed  statement  of  operations.


7.     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.

                                    Continued

                                       10

<PAGE>


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



7.     STOCK  OPTION  PLANS,  CONTINUED
       --------------------------------

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.  Options to purchase
2,700,000  shares  of  common  stock were exercised and the proceeds used to pay
back  the  payable to the CEO.  As such, options to purchase 1,300,000 shares of
common  stock  remain  outstanding  under  this  Plan.

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.  The  fair value for these options was estimated at the date of grant
using  a  Black-Scholes option pricing model with the following weighted-average
assumptions  for  2003:  risk-free  interest  rate  of  5%;  no  dividend yield;
weighted average volatility factor of the expected market price of the Company's
common stock of 100%; and a weighted-average expected life of the options of one
year.

The  Black-Scholes  option  valuation  model was developed for use in estimating
fair  value  of  traded options which have no vesting restrictions and are fully
transferable.  In  addition, option valuation models require the input of highly
subjective  assumptions  including the expected stock price volatility.  Because
the  Company's  stock  options have characteristics significantly different from
those of traded options, and because changes in the subjective input assumptions
can  materially  affect  the  fair  value estimate, in management's opinion, the
existing models do not necessarily provide a reliable single measure of the fair
value  of  its  stock  options.

For purposes of proforma disclosures, the estimated fair value of the options is
included in expense at the date of issuance.  The Company's proforma information
is  as  follows  (in  thousands,  except  per  share  data):

                                                   THREE  MONTHS  NINE  MONTHS
                                                       ENDED         ENDED
                                                    SEPTEMBER 30,  SEPTEMBER 30,
                                                        2003         2003
                                                      --------     --------

     Net loss available to common stockholders     $(2,677,728)     $(2,961,369)
                                                   ===========      ===========

     Proforma  net  loss  available  to  common
     stockholders                                  $(2,712,728)     $(2,996,369)
                                                   ===========      ===========

     Proforma  basic  and  dilutive  loss
     per  share                                    $     (0.01)     $    (0.01)
                                                   ===========      ===========


                                    Continued

                                       11

<PAGE>


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


7.     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.  At September
30, 2003, 57,407,358 shares of common stock reserved for issuance under the Plan
have  been  granted, of which all have been exercised, resulting in net proceeds
to  the  Company of $1,120,798.  These options were granted with exercise prices
below  the fair market value of the stock at the time of grant.  Using the Black
Scholes  Option  Pricing  Model  these  options  resulted in $702,480 of expense
recorded in the accompanying unaudited condensed statement of operations for the
three  and  nine  months  ended  September  30,  2003.

                                       12

<PAGE>


ITEM  2.  MANAGEMENT'S  DISCUSSION AND ANALYSIS

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 registrant 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. Pursuant to the merger, the
assets,  consisting  of  the  intellectual property rights to pharmaceutical and
cosmetic  products  of  Novus  Laboratories,  were transferred  to Asia Pacific
Trading  in  consideration  for  4,000,000  then  shares of common stock of Asia
Pacific  Trading. Asia Pacific Trading changed its name to Novus Laboratories on
June  20,  2000.  The  Nevada  subsidiary  was  not  liquidated  and  became  a
wholly-owned  subsidiary  of  the  registrant.

The  Nevada  subsidiary  was  incorporated in Nevada in September 1999 and had a
wholly owned  Canadian  subsidiary,  Bella  Terra  Cosmetics,  Inc.  which  was
incorporated  in  the Province of British Columbia, Canada in November 1999. In
July  2000,  the  Nevada subsidiary was abandoned and is no longer registered in
the State of Nevada. In addition, Bella Terra Cosmetics, Inc. has stopped filing
its  annual  reports  with the Province of British Columbia which resulted in it
being  deregistered  as  a  corporation.  As  a  result  of abandonment of these
subsidiaries  the  registrant  will  no  longer  prepare  consolidated financial
statements.

The  intellectual  property  rights  to the pharmaceutical and cosmetic products
were  abandoned in  December  2000  and  the  12,000,000 shares of common stock
equivalent  to the 4,000,000 shares of common stock associated with these rights
were  cancelled  in  July  2000.

On  April  14,  2003,  The  World  Golf  League, Inc. ("World Golf Delaware"), a
Delaware  corporation  which  was formerly Novus Laboratories, Inc., acquired in
excess  of  80%  of  the issued and outstanding shares of The World Golf League,
Inc.,  a  Florida  corporation.  In connection  with  this exchange, World Golf
Delaware  issued  a  total of 120,000,000 shares of common stock in exchange for
100%  of  the  securities  of The World Golf League, Inc., a Florida corporation
("World  Golf  Florida").  The  World  Golf League Florida became a wholly-owned
subsidiary  of  World  Golf Delaware. Novus Laboratories changed its name to The
World Golf League, Inc.

<PAGE>

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  proceeds received from the sale of the shares by the shareholders
would  be delivered to the company in lieu of canceling the shares. Through June
30,  2003,  the  company  received an aggregate of $82,911 via this arrangement.
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.

In  addition,  the  Share Exchange Agreement stated that in the event $1,000,000
was  not raised by the Novus Shareholders, shareholders of The World Golf League
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 World Golf League will be issuing an additional
30,000,000  shares  of its restricted common stock to former shareholders of The
World  Golf  League,  Inc.,  a  Florida  corporation.

The Company  entered  into  a  Stipulated Injunction with the State of Florida,
Office  of  the Attorney  General  in  July  2003.  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 three months ended September 30, 2003, the Company has
paid $314,000 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.

During the three months ended September 30, 2003, the Company began repurchasing
certain of its license agreements based on separate agreed upon terms with the
licensees.  As of September 30, 2003, the Company paid approximately $345,000
and still owed $155,000 to 15 former licensees for the repurchase of the
licenses.  These repurchases also resulted in the reduction of license fee
receivable and deferred license fees of $443,000 in the accompanying unaudited
condensed balance sheet at September 30, 2003.

The World  Golf  League,  Inc. is a three-year-old Florida corporation based in
Altamonte Springs, Florida which 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 three 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.

<PAGE>

Comparison of Operating Results

Three Months Ended September 30, 2003

There  were  no  revenues  for  the three months ended September 30, 2003
compared to revenues  of $89,957  for the three months ended September 30, 2002.
The Company has not  generated revenues based on its decision to restructure and
concentrate its marketing efforts on the 2004 golf season.  Additionally, the
Company has focused on raising  capital  to  implement  the  infrastructure  to
support its goals.

Operating,  general  and  administrative  expenses  were  $1,721,043 for the
three months  ended September  30,  2003 compared to operating, general and
administrative expenses  of  $336,854  for  the  three  months  ended  September
30,  2002.

The Company recorded a net operating loss of $2,221,123 for the three months
ended September 30, 2003 compared to a net operating loss of $246,897 for the
three months ended September  30,  2002.

The Company reported a net loss of $2,227,728 for the three months ended
September 30, 2003  as compared to a net loss of $253,492 for the three months
ended September 30, 2002.

Nine Months Ended September 30, 2003

There  were  no  revenues  for  the  nine months ended September 30, 2003
compared to revenues of $220,900 for the nine months ended September 30, 2002.
The Company has not generated  revenues based  on  its  decision to restructure
and concentrate its marketing efforts on the 2004 golf season. Additionally, the
Company has focused on raising capital  to  implement  the infrastructure  to
support its goals.

Operating,  general and administrative expenses were $2,004,694 for the nine
months ended  September 30, 2003 compared to operating, general and
administrative expenses of  $757,261  for  the  nine months  ended  September
30,  2002.

There were no settlement expenses during the nine months ended September 30,
2003 as compared to settlement  expenses of $192,000 for the nine months ended
September 30, 2002.

The Company recorded a net operating loss of $2,504764 for the nine months ended
September  30, 2003  compared to a net operating loss of $728,361 for the nine
months ended  September  30,  2002.

The  Company  reported  net loss of $2,511,369 for the nine months ended
September 30, 2003  as compared  to  a net loss of $748,146 for the nine months
ended September 30, 2002.

As of September 30, 2003, the Company had an accumulated deficit of $7,313,265.

<PAGE>

Liquidity and Capital Resources

The  Company  had  $74,786 in  cash  at  September  30,  2003,  current  assets
of  $94,786 and current liabilities of $908,160 consisting  primarily  of
accrued liabilities  of  $535,694,  and notes payable of $300,000.

At September 2003, the Company had received proceeds of $1,120,798 in connection
with the exercise of 57,407,358 options pursuant to the 2003 Non-Qualified Stock
Option Plan.  During the three months ended September 30, 2003, the Company paid
$314,000 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.

The Company is taking steps to raise equity 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.  The Company has no commitments from officers,
directors or affiliates to provide funding. The failure of the Company to obtain
adequate  additional  financing may prohibit the Company from hosting a National
Tournament  and  result in a Final Judgment and Permanent Injunction prohibiting
the Company  from organizing and promoting any golf tournaments. Any additional
financing may involve dilution to the Company's then-existing shareholders. The
Company  has increased its authorized shares to 500,000,000 shares of common
stock and has a commitment  to  issue  former  shareholders  of The  World Golf
League, Inc., a Florida  corporation  an  aggregate of 30,000,000 shares of the
Company's common stock.


ITEM 3.   EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

     (a) Evaluation of disclosure controls and procedures.  Our chief executive
officer and our 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 relating to us and our consolidated
subsidiaries would be made known to him by others within those entities.

     (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 is reasonably likely to
materially affect, our internal control over financial reporting.

<PAGE>

                          PART II - OTHER INFORMATION


ITEM 1: LEGAL PROCEEDINGS

As of September 30, 2003, the Company had paid $314,000 and executed a note
payable to the winners of the 2001 World Golf League National Tournament for
$300,000 in full settlement of its lawsuit with the Florida Attorney General's
office.  The Company agreed not to promote future national events unless the
prize money is escrowed in full and to differentiate between paying members and
non-paying members in its advertising material.  The Company also paid a $20,000
fine to the Florida Attorney General's office.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

(b)  During the three months ended September 30, 2003, the Company's Board of
Directors  established a series of 1,000,000 redeemable, non-convertible shares
of Series A preferred stock, $0.001 par value per share that have voting rights
equal to three hundred (300) votes per share of preferred stock and ranks senior
to the common stockholders with respect to liquidation, dissolution or winding
up of the Company.  The Company issued 1,000,000 shares Series A preferred stock
to the chief executive officer of the Company for his services, which gives him
voting control of the Company.  The preferred stock is redeemable by the Company
for $50,000 which was recorded in general and administrative expenses in the
accompanying audited condensed statement of operations.

ITEM 5.  OTHER INFORMATION

During the three months ended September 30, 2003 the Company increased its
authorized shares from 300,000,000 to 500,000,000 and designated 1,000,000
redeemable, non-convertible shares of Series A preferred stock, $0.001 par value
per share.  The Series A preferred stock has three hundred (300) votes per and
ranks senior to the common stockholders with respect to liquidation, dissolution
or winding up of the Company.  The Company issued 1,000,000 shares Series A
preferred stock to the chief executive officer of the Company for his services,
which gives him voting control of the Company.

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 chief
executive officer at $0.51 per share, which approximated fair market value.
Options to purchase 2,700,000 shares of common stock were exercised and used to
pay back the payable to the chief executive officer.  As such, options to
purchase 1,300,000 shares of common stock remain outstanding under this plan.

On November 4, 2003, the Company settled its lawsuit with the Florida Attorney
General's Office as discussed in Item 1, above.

<PAGE>

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

     a)     Exhibits

     Exhibit No.          Description

     2.1                  Exchange Agreement                           (1)


     3.1                 Certificate of Designation of Series A
                         Preferred Stock                               (2)

     3.2                 Certificate of Amendment to the Certificate
                         of Incorporation                              (2)

     31                  Certificate of the Chief Executive
                         Officer and Chief Financial Officer
                         pursuant Section 302 of the Sarbanes-
                         Oxley Act of 2002                             (3)

     32                  Certificate of the Chief Executive
                         Officer and Chief Financial Officer
                         pursuant to Section 906 of the Sarbanes-
                         Oxley Act of 2002                             (3)

(1)     Filed as an exhibit to the Company's Form 8-K filed with the Securities
and Exchange Commission on February 2, 2003, and incorporated herein by
reference.

(2)     Filed as an exhibit to the Company's Form 8-K filed with the Securities
and Exchange Commission on October 10, 2003, and incorporated herein by
reference.

(3)     Filed herewith as an exhibit.

     b)     Reports on Form 8-K

     The Company filed the following two reports on Form 8-K during the first
quarter of the fiscal period covered by this report and one report thereafter:

     (1)     Form 8-K/A Amendment No. 1 filed on July 1, 2003, to amend the
report filed on Form 8-K on February 10, 2003 relating to the change of control.

     (2)  Form 8-K filed on July 9, 2003, relating to a Stipulated Injunction
with the State of Florida, Office of the Attorney General.

     (3)     Form 8-K filed on October 10, 2003, relating to the Designation of
Series A Preferred Stock.

                                      SIGNATURES

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

THE WORLD GOLF LEAGUE, INC.

Date:  November 19, 2003
By:  /s/  Michael S. Pagnano
----------------------
Michael S. Pagnano
Chief Executive Officer


<PAGE>

                                                                      EXHIBIT 31

                                  CERTIFICATION

I, Michael S. Pagnano, certify that:

1.     I have reviewed this quarterly report on Form 10-QSB of The World Golf
League, Inc.;

2.     Based on my knowledge, this report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by this report;

3.     Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects the
financial condition, results of operations and cash flows of the small business
issuer as of, and for, the periods presented in this report;

4.     I am responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the
small business issuer and have:

a)     Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under my supervision, to
ensure that material information relating to the small business issuer,
including its consolidated subsidiaries, is made known to me by others within
those entities, particularly during the period in which this report is being
prepared;

b)     Paragraph omitted in accordance with SEC transition instructions
contained in SEC Release No. 33-8238;

c) Evaluated the effectiveness of the small business issuer's disclosure
controls and procedures and presented in this report my conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the
period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the small business issuer's internal
control over financial reporting that occurred during the small business
issuer's most recent fiscal quarter (the small business issuer's fourth fiscal
quarter in the case of an annual report) that has materially affected, or is
reasonably likely to materially affect, the small business issuer's internal
control over financial reporting; and

5.     I have disclosed, based on my most recent evaluation of internal control
over financial reporting, to the small business issuer's auditors and the audit
committee of the small business issuer's board of directors (or persons
performing the equivalent functions):

a)     All significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the small business issuer's ability to record,
process, summarize and report financial information; and

b)     Any fraud, whether or not material, that involves management or other
employees who have a significant role in the small business issuer's internal
control over financial reporting.

Date:  November 19, 2003


                                   By: /s/Michael S. Pagnano
                                   -------------------------------
                                   Michael S. Pagnano,
                                   Chief Executive Officer and
                                   Chief Financial Officer

<PAGE>

                                                                      Exhibit 32


      CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER
           PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


I, Michael S. Pagnano, certify, pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that the Quarterly
Report of The World Golf League, Inc. on Form 10-QSB for the quarterly period
ended September 30, 2003 fully complies with the requirements of Section 13(a)
or 15(d) of the Securities Exchange Act of 1934 and that information contained
in such Form 10-QSB fairly presents in all material respects the financial
condition and results of operations of The World Golf League, Inc.


                                     By:/s/ Michael S. Pagnano
                                     --------------------------
                                     Name:  Michael S. Pagnano
                                     Title: Chief Executive Officer and
                                     Chief Financial Officer

November 19, 2003

<PAGE>