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 June 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)


                            258 East Altamonte Drive
                        Altamonte Springs, Florida 32701
                        --------------------------------
                            (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 August 23, 2004, 436,966,137 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 SIX MONTHS ENDED JUNE 30, 2004 AND 2003


<PAGE>

                           THE WORLD GOLF LEAGUE, INC.
                                TABLE OF CONTENTS


                                                                       PAGE
                                                                       ----

Unaudited  Condensed  Financial  Statements:

  Unaudited  Condensed  Balance  Sheet  as  of  June  30,  2004  and
    December  31,  2003                                                  F-3

  Unaudited  Condensed  Statement  of  Operations  for  the  three
    months  and  six  months  ended  June  30,  2004  and  2003          F-4

  Unaudited  Condensed  Statement  of  Stockholders'  Equity
    (Deficit)  for  the  six  months  ended  June  30,  2004             F-5

  Unaudited  Condensed  Statement  of  Cash  Flows  for  the  six
    months  ended  June  30,  2004  and  2003                            F-6

Notes  to  Unaudited  Condensed  Financial  Statements                   F-7

<PAGE>

<TABLE>
<CAPTION>

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


                                                            JUNE  30,    DECEMBER  31,
                                                              2004           2003
     ASSETS                                                (UNAUDITED)      (NOTE)
---------------                                           -------------  -------------
<S>                                                       <C>            <C>
Current assets:
  Cash and cash equivalents                               $     44,281   $     69,957
  License fee receivable, current                                    -         21,250
  Accounts receivable                                            1,027              -
                                                          -------------  -------------

    Total current assets                                        45,308         91,207

Property and equipment, net                                     18,580         19,674
License fee receivable, net of current portion                       -         20,000
Other assets                                                     1,875          1,875
                                                          -------------  -------------

      Total assets                                        $     65,763   $    132,756
                                                          =============  =============


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

Current liabilities:
  Accounts payable                                        $     52,546   $     67,174
  Accrued liabilities                                          178,251        336,362
  Notes payable to prize winners                               293,400        300,000
  Payable to stockholders                                            -         33,000
  Deferred license fee revenue, current                              -         21,250
  Deferred membership fee revenue                              281,843              -
  Convertible debenture                                        100,000              -
                                                          -------------  -------------

    Total current liabilities                                  906,040        757,786

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

    Total liabilities                                          906,040        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; 429,263,559 and 382,329,944 shares
    issued and outstanding at June 30, 2004 and
    December 31, 2003, respectively                            429,264        382,330
  Additional paid-in capital                                11,478,056      9,865,898
  Treasury stock, at cost, 1,189,228 and 3,128,447
    shares, respectively                                      (135,572)      (350,941)
  Accumulated deficit                                      (12,613,025)   (10,543,317)
                                                          -------------  -------------

    Total stockholders' deficit                               (840,277)      (645,030)
                                                          -------------  -------------

      Total liabilities and stockholders' deficit         $     65,673   $    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.

                                      F-3

<PAGE>

<TABLE>
<CAPTION>

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


                                      THREE  MONTHS  ENDED           SIX  MONTHS  ENDED
                                            JUNE  30,                     JUNE  30,
                                       2004           2003           2004           2003
                                   -------------  -------------  -------------  -------------
<S>                                <C>            <C>            <C>            <C>
Membership fee revenue             $     48,191   $          -   $     48,191   $          -
License revenue                               -              -              -              -
                                   -------------  -------------  -------------  -------------

  Total revenue                          48,191              -         48,191              -

Operating, general and adminis-
  trative expenses                      951,594        104,446      2,109,892        283,641
                                   -------------  -------------  -------------  -------------

  Net operating loss                   (903,403)      (104,446)    (2,061,701)      (283,641)

Other income (expense):
  Interest expense                       (3,668)             -         (7,377)             -
                                   -------------  -------------  -------------  -------------

    Net income (loss)              $   (907,071)  $   (104,446)  $ (2,069,078)  $   (283,641)
                                   =============  =============  =============  =============


Weighted average shares
  outstanding                       422,310,166    201,000,000    407,424,597    201,000,000
                                   =============  =============  =============  =============

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

</TABLE>


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

                                      F-4

<PAGE>

<TABLE>
<CAPTION>

                                               THE WORLD GOLF LEAGUE, INC.
                                UNAUDITED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
                                         FOR THE SIX MONTHS ENDED JUNE 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                         -        -   37,822,799     37,823     1,204,440           -              -     1,242,263

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                       -        -            -          -       100,000           -              -       100,000

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     -        -    1,910,948      1,911        (1,911)          -              -             -

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         -        -            -          -             -     (31,250)             -       (31,250)

Cancellation of treasury stock     -        -   (1,961,240)    (1,961)      (90,051)     92,012              -             -

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


Net loss                           -        -            -          -             -           -     (2,069,708)   (2,069,708)
                            --------  -------  ------------  ---------  ------------  ----------  -------------  ------------

Balance as of June
  30, 2004                 1,000,000  $ 1,000  429,263,559   $429,264   $11,478,056   $(135,572)  $(12,613,025)  $  (840,277)
                            ========  =======  ============  =========  ============  ==========  =============  ============
</TABLE>



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

                                      F-5

<PAGE>

<TABLE>
<CAPTION>

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



                                                           SIX  MONTHS  ENDED
                                                                JUNE  30,
                                                       ------------------------
                                                           2004         2003
                                                       ------------  ----------
<S>                                                    <C>           <C>
Cash flows from operating activities:
  Net income (loss)                                    $(2,069,078)  $(283,641)
  Adjustment to reconcile net income (loss) to net
    cash used in operating activities                    1,729,591      17,843
                                                       ------------  ----------

      Net cash used in operating activities               (339,487)   (265,798)
                                                       ------------  ----------

Cash flows from financing activities:
  Increase in payable to stockholder                         5,061      96,563
  Increase (decrease) in book overdraft                          -       2,096
  Payments on note payable to stockholder                        -      (6,000)
  Net proceeds from note payable                                 -      40,000
  Capital contributed by stockholders                      120,000      82,911
  Purchase of treasury stock                               (31,250)          -
  Cash contributed with reverse merger                           -      49,980
  Proceeds from exercise of stock options                   80,000           -
  Proceeds from issuance of common stock                    40,000           -
  Proceeds from issuance of convertible debentures         100,000           -
                                                       ------------  ----------

      Net cash provided by financing activities            313,811     265,550
                                                       ------------  ----------

Net increase (decrease) in cash and cash equivalents       (25,676)       (248)

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

Cash and cash equivalents, end of period               $    44,281   $       -
                                                       ============  ==========

</TABLE>

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

                                      F-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.

     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  services  are  provided.

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.




                                    Continued

                                      F-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 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.

     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 six months ended June 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          $   (339,487)

       Net  loss                                       $  (2,069,078)

       Negative  working  capital                      $  (860,732)

       Accumulated  deficit                             $(12,613,025)

       Stockholders'  deficit                           $   (994,884)


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

                                      F-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 six months ended June 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 six months
ended  June  30,  2004  nor  were  there  any  outstanding  at  June  30,  2004.



                                    Continued

                                      F-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  six months ended June 30, 2004, the Company entered into consulting
agreements  and,  in  accordance  with  the NQ Plan, issued 37,822,799 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 $1,242,263 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 six
months  ended June 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 of which $100,000 was funded as of
June  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  $100,000,  in the accompanying
financial  statements  as  of  and  for  the  six  months  ended  June 30, 2004.

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.

                                      F-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, Inc. (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").  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.

     In  addition,  the  Share  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 to
approximately 12,700,000 shares.

<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 a note payable to
the  winners  of  the 2001 World Golf League National Tournament for $293,400
bearing interest at 5% per annum which is due in November 2004 in full
settlement of this lawsuit.

     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
December  31,  2003, the Company paid approximately $535,000 in cash. During the
three  months  ended March 31, 2004, the Company issued 694,444 shares of common
stock  with  a value of $30,000 to repurchase certain of its license agreements.
The  stock  was  issued  pursuant to the Company's stock option plan. Subsequent
to the quarter  ended  June  30,  2004,  the  Company  paid  an aggregate of
$70,000 to repurchase  the  final  two  outstanding  licenses.

     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 The World Golf League as an official
spokesperson  to  provide  endorsement  services  for  The  World Golf League 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  production-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 November 2004. The Company plans to air eleven
(11)  one-hour episodes on national cable during the winter of 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.

<PAGE>

     In  May  2004,  the  Company  raised an aggregate of $40,000 from several
individuals  in  a private placement of its common stock at $0.015 per share. 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 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 (the "Warrants"). 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.  The  Warrants  may  be exercised concurrently with or subsequent to the
conversion  of  the  Debentures.  As of the date of this Report, the Company has
received an aggregate of $525,000 consisting of $250,000 in Debentures, $25,000
from the exercise of Warrants for 25,000 shares of common stock, and an advance
of $250,000 towards future exercises of Warrants. As of the date of this Report,
$2,500 in Debentures has been converted.

     Also,  in  June 2004, the Company began a plan to distribute its membership
packages  through several golf specialty promotion firms to be sold at different
discounted  price  points  based  on  volume  to  corporations,  charities, auto
dealerships  and  any  organization  that  would  otherwise  purchase  a  golf
promotional  item.  The Company entered its first wholesale deal in August 2004,
as  discussed  below  under  "Subsequent  Events."

     Effective  July  31,  2003  the Company entered into a consulting agreement
whereby  the consultant is to provide various marketing services to the Company.
The  initial  term  of  the  agreement  is  for one year but may be extended for
periods  of  not  less  than  six  months,  which would include increases in the
consultant's  compensation  of  not  less  than  25%. At the commencement of the
agreement,  the  consultant  received  4,818,200  shares of the Company's common
stock  as  payment  for  one-half  of  the  consultant's  initial costs. Per the
agreement,  the  consultant  is to be paid a commission of 25% of the membership
fee  for  each  new  member  generated  and  25% for each membership renewal. If
certain  performance  levels  are  achieved, the consultant is also eligible for
cash  bonuses  ranging  from  $25,000 to $250,000 and stock bonuses ranging from
25,000  shares  to  500,000  shares  of  the  Company's  common  stock.

     Subsequent Events
     -----------------

     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"). Pursuant to this contract, Upwon will
give away 50,000 World Golf memberships in conjunction with purchases of certain
consumer  electronic  brands  at  major  national  retail  outlets.

<PAGE>

COMPARISON OF OPERATING RESULTS

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

     The  Company  had  $48,191  of  membership fee revenue for the three months
ended  June  30,  2004,  as  compared to no membership fee revenue for the three
months  ended  June  30, 2003. The increase in membership fee revenue was due to
the implementation of the wholesale membership sales channel.  The Company
collected $281,843 which has been classified as deferred membership fee revenue,
which the Company will not recognize as revenues until the members play in a
Company event.

     Operating, general and administrative expenses increased $847,148 (or 811%)
to  $951,594  for  the three months ended June 30, 2004, as compared to $104,446
for the three months ended June 30, 2003. The increase in operating, general and
administrative  expense  and  net  operating  loss  was  due to additional costs
incurred  related  to  its  marketing  campaign, the increasing costs related to
common  stock  issued  for services as well as increases in legal and accounting
fees.

     Net  operating loss increased $798,957 (or 765%) to $903,403 for the three
months  ended  June 30, 2004, as compared to $104,446 for the three months ended
June  30,  2003.  The  increase in net operating loss was due to the increase in
operating,  general and administrative expense that was offset by membership fee
revenue.

     Interest  expense  was $3,668 for the three months ended June 30, 2004. The
Company  did not have interest expense for the three months ended June 30, 2003.

     Net loss for the three months ended June 30, 2004 was $907,071, as compared
to  net  loss of $104,446 for the three months ended June 30, 2003. The increase
in  net  loss  was  due to the increase in operating, general and administrative
expense  and  interest  expense  that  were  offset  by  membership fee revenue.

     As of June 30, 2004, the Company had an accumulated deficit of $12,613,025.

SIX MONTHS ENDED JUNE 30, 2004 COMPARED TO SIX MONTHS ENDED JUNE 30, 2003

     The  Company had $48,191 of membership fee revenue for the six months ended
June 30, 2004, as compared to no membership fee revenue for the six months ended
June  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 $1,826,251 (or
644%)  to  $2,109,892  for  the  six  months ended June 30, 2004, as compared to
$283,641  for  the  six  months  ended June 30, 2003. The increase in operating,
general  and administrative expense and net operating loss was due to additional
costs  incurred  related to its marketing campaign, the increasing costs related
to common stock issued for services as well as increases in legal and accounting
fees.

     Net operating loss increased $1,778,060 (or 627%) to $2,061,701 for the six
months  ended  June  30,  2004, as compared to $283,641 for the six months ended
June  30,  2003.  The  increase in net operating loss was due to the increase in
operating,  general and administrative expense that was offset by membership fee
revenue.

<PAGE>

     Interest  expense  was  $7,377  for the six months ended June 30, 2004. The
Company  did  not  have interest expense for the six months ended June 30, 2003.

     Net loss for the six months ended June 30, 2004 was $2,069,078, as compared
to  net loss of $283,641 for the six months ended June 30, 2003. The increase in
net  loss  was  due  to  the  increase  in operating, general and administrative
expense  and  interest  expense  that  were  offset  by  membership fee revenue.

     As of June 30, 2004, the Company had an accumulated deficit of $12,613,025.

LIQUIDITY AND CAPITAL RESOURCES

     As  of  June 30, 2004, total current assets were $45,308 consisting of cash
and  cash  equivalents  in the amount of $44,281, and accounts receivable of
$1,027.

     Total  current  liabilities were $906,040 as of June 30, 2004, consisting
of accounts payable of $52,546, accrued liabilities of $178,251, note payable to
prize  winners  of $293,400, deferred  membership  fee  revenue  of  $281,843,
and convertible debenture  of  $100,000.

     The  Company  had  negative  net  working capital of $860,732 for the six
months  ended  June 30, 2004. The ratio of current assets to current liabilities
for  the  six  months  ended  June  30,  2004  was  5.0%.

     The Company had a $25,676 net decrease in cash and cash equivalents for the
period  ended  June 30, 2004. Net cash used in operating activities was $339,487
during  the  six  months  ended June 30, 2004. The Company did not have any cash
flows  from  investing activities during the six months ended June 30, 2004. Net
cash  provided  by financing activities was $313,811 during the six months ended
June  30,  2004.

     The  Company  believes that it can operate at it current level of liquidity
for  the  next  twelve  months.  In  addition  to the money raised pursuant to a
private  placement  of the Company's common stock and 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. The Company
raised $15,000 in a private  placement  of  its  common  stock.  The  Company
has  also  raised  an aggregate  of  $525,000 pursuant  to  the  Securities
Purchase  Agreement, discussed above,  consisting of  $250,000  in  Debentures,
$25,000 from the exercise of Warrants for 25,000 shares of common stock, and an
advance of $250,000 towards future exercises of Warrants.  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.  In  addition to the $15,000 raised
pursuant  to  a  recent  private  placement of our common stock and the $525,000
raised  pursuant  to  the  Securities  Purchase Agreement, we require additional
capital  of  approximately  $293,400  to  satisfy  the  obligations  of our past
tournament,  and  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.

     Increase  in  Authorized  Shares Likely to Cause Dilution. 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  1,000,000,000  and  filing  a
Certificate  of  Amendment  to  our  Certificate of Incorporation. On August 18,
2004,  we  filed a preliminary information statement with the Commission stating
that  a majority of our shareholders will approve the increase in our authorized
shares  of common stock. Once authorized, 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.

     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.

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.

     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 deferred and recognized
when the services are provided ratably over the year.

     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.

<PAGE>

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. The Company
will  seek the return of 7,000,000 shares of its common stock from Equity Growth
or  the  cash equivalent which the Company estimates to be $161,000. The Company
is  also  seeking  to have the original agreement between the Company and Equity
Growth  rescinded due to fraud and to have 24,000,000 shares of its common stock
returned  to  the  Company  consisting of 17,000,000 restricted shares currently
owned  by  Equity Growth and 7,000,000 shares (or the cash equivalent) sold into
the  public  market  by  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  at 5% per annum to  the  winners  of the 2001
World Golf League National  Tournament  for  $293,400 which is due in November
2004 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 May 2004, the Company issued an aggregate of 2,666,664 shares of its
common  stock,  $.001  par  value  per share which were not registered under the
Securities  Act  of  1933,  as  amended (the "Act"), to various individuals in
consideration for an aggregate of $40,000. In June 2004, the Company over issued
an  additional  333,333  shares  of  its common stock to one of individuals. The
Company  is  taking  steps  for  the  return of this over issuance of its common
stock.  The  Company claims the exemption from registration afforded by Rule 506
of  regulation  D  under  the  Act.

     Also  in  May  2004, the Company issued an aggregate of 1,012,286 shares of
its  common  stock  which  were  not  registered under the Act to two (2) former
shareholders  of  World  Golf Florida who had not received their issuance of the
Company's  shares  of  common  stock  pursuant to the Exchange Agreement whereby
World  Golf Florida became a wholly-owned subsidiary of the Company. The Company
claims  the  exemption  from  registration  afforded by Rule 506 of Regulation D
under  the  Act.

     In  June  2004, we entered into a Securities Purchase Agreement with Golden
Gate  Investors, Inc. ("Golden Gate") for the sale of Debentures in an Aggregate
principal  amount  of  $250,000.  In  connection  with  the  Securities Purchase
Agreement,  the  Company  also issued 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.  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.

     (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.

     (e)  The  Company  repurchased  120,510  shares  of  common  stock  from an
individual  investor for an aggregate purchase price of $6,250 (or approximately
$0.052  per  share)  during  the  three  months  ended  June  30,  2004.

<PAGE>

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

     None.

ITEM 5.  OTHER INFORMATION

     Significant Events
     ------------------

     Our  Registration  Statement  on  Form  SB-2,  as  amended,  Securities and
Exchange Commission File Number 333-117682 became effective on August 2, 2004.
We  registered  a  total  of  67,500,000  shares  of  common stock consisting of
65,000,000  share  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. The Company will amend its Certificate of
Incorporation to increase its authorized shares of common stock to 1,000,000,000
shares.

<PAGE>

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

<TABLE>
<CAPTION>


     a)     Exhibits


      Exhibit No.                                                        Description
<C>   <S>                                                                <C>
 4.1        Securities Purchase Agreement dated June 2004
            entered between the Company and Golden Gate                           (1)

 4.2        Convertible Debenture dated June 2004 entered
            between the Company and Golden Gate                                   (1)

 4.3        Warrant to Purchase Common Stock dated June
            2004 issued to Golden Gate                                            (1)

 4.4        Registration Rights Agreement dated June 2004
            entered between the Company and Golden Gate                           (1)

 5.1        Sichenzia Ross Friedman Ference LLP Opinion
            and Consent                                                           (1)

23.1        Consent of Ham, Langston & Brezina, LLP,
            Independent Auditors                                                  (1)

23.2        Consent of Sichenzia Ross Friedman Ference
            LLP (included in Exhibit 5.1)                                         (1)

  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                                                      *
</TABLE>



(1)  Filed  as Exhibits, 4.1, 4.2, 4.3, 4.4, 5.1, 23.1 and 23.2 to the Form SB-2
     Registration  Statement,  as  amended,  filed  on  July  27,  2004,  and
     incorporated  herein  by  reference.

* Filed Herein.

<PAGE>

     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: August 23, 2004                    By: /s/ Michael Pagnano
                                             ------------------------
                                             Michael Pagnano
                                             Chief Executive Officer and
                                             Chief Financial Officer
<PAGE>

EXHIBIT 31

CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER PURSUANT TO
                  SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Michael 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.   As  the  small  business  issuer's certifying officer, 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):

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

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: August 23, 2004


                                   By: /s/ Michael Pagnano
                                   -------------------------------
                                   Michael 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 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 June 30, 2004 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.

Date: August 23, 2004

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

<PAGE>