Commission File
                                                                 Number 333-6388

                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   -----------

                                   FORM 1O-QSB

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


                For the quarterly period ended December 31, 1998


                          VIVA GOLF MANUFACTURING, INC.
        (Exact Name of Small Business Issuer as Specified in Its Charter)

               Florida                               65-0594832
     (State or other jurisdiction of              (I.R.S. Employer
     incorporation or organization)              Identification No.)

         737 N.E. 70th Street
         Boca Raton, Florida                           33487
 (Address of Principal Executive Office)             (Zip Code)

       Registrant's telephone number, including area code: (800) 216-4083

      Check whether issuer (1) filed in 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 requirement for the past 90 days. Yes |_| No |X|

Number of shares of Common Stock outstanding as of December 31, 1998: 11,700,000

Transitional Small Business Disclosure Format (Check One): Yes |X| No |_|

<PAGE>

                  VIVA GOLF MANUFACTURING, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                              FINANCIAL STATEMENTS
<PAGE>

                                TABLE OF CONTENTS

                                                                            Page
                                                                            ----
                                                                    
Independent Auditor's Report                                                  1

Balance Sheet                                                                 2

Statement of Income and Retained Earnings                                     3

Statement of Cash Flows                                                       4

Statement of Changes in Stockholders' Equity                                  5

Notes to Financial Statements                                               6-8

<PAGE>

                              BAUM & COMPANY, P.A.
                          Certified Public Accountants
                        1515 University Drive - Suite 209
                          Coral Springs, Florida 33071
                                 (954) 752-1712

                           INDEPENDENT AUDITORS REPORT

The Board of Directors
Viva Golf Manufacturing, Inc.

We have audited the accompanying balance sheet of Viva Golf Manufacturing, Inc.
and Subsidiary (A Development Stage Company) as of November 30, 1998 and the
related statement of income, cash flows and changes in stockholder's equity for
the eight months then ended. These financial statements are the responsibility
of the Company's management. Our responsibility is to express an opinion on
these financial statements based on our audit.

We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements present fairly, in all material
respects, the financial position of Viva Golf Manufacturing, Inc. and Subsidiary
(A Development Stage Company) at November 30, 1998 and the statement of income,
cash flows and changes in stockholder's equity for the eight months then ended
in conformity with generally accepted accounting principles.


                                                    /s/ Baum & Company, PA
January 8, 1999
Coral Springs, Florida

<PAGE>

                  VIVA GOLF MANUFACTURING, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEET
                                NOVEMBER 30, 1998

                                     ASSETS

Current Assets

  Cash in Bank                                                         $  1,431
  Inventory (Note 1)                                                      4,062
                                                                       --------
                                                                          5,493

Property, Plant & Equipment (Net) (Note 1 and 2)                          1,006

Other Assets

  Infomercial Costs                                                     147,913
  Organization costs (Net of Amortization of $4,669) (Note 1)             5,331
                                                                       --------
                                                                        153,244
                                                                       --------

      Total Assets                                                     $159,743
                                                                       ========

                 LIABILITIES AND STOCKHOLDERS EQUITY

Current Liabilities

  Note payable - (Note 6)                                              $150,000
  Loan Payable (Note 4)                                                  86,083
  Accrued expenses                                                        1,154
                                                                       --------
                                                                        237,237
                                                                       --------

Stockholders Equity

  Common Stock, par value $.001
  50,000,000 shares authorized;
  11,700,000 shares, issued and
  outstanding                                                            11,700

  Accumulated Deficit during development stage                          (89,194)
                                                                       --------
                                                                        (77,494)
                                                                       --------

      Total Liabilities & Stockholders Equity                          $159,743
                                                                       ========

          See Accountants Report and Notes to the Financial Statements.


                                      -2-
<PAGE>

                  VIVA GOLF MANUFACTURING, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                    STATEMENT OF INCOME AND RETAINED EARNINGS
               FOR THE EIGHT MONTH PERIOD ENDED NOVEMBER 30, 1998

                                                                    Development
                                                                       Stage
                                                                    -----------

Revenues                                                             $     -0-

Operating Expenses

  Interest                                                              1,154
  Office & administration                                                   8
  Depreciation & amortization                                           1,577
                                                                     --------
                                                                        2,739 
                                                                     --------

Net (Loss)                                                             (2,739)

Accumulated deficit - beginning                                       (86,455)
                                                                     --------

Accumulated deficit - ending                                         $(89,194)
                                                                     ========

Earnings per share                                                        nil
                                                                     ========

          See Accountants Report and Notes to the Financial Statements.


                                      -3-
<PAGE>

                  VIVA GOLF MANUFACTURING, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                             STATEMENT OF CASH FLOWS
                  FOR THE EIGHT MONTHS ENDED NOVEMBER 30, 1998

Cash Flows from Operations:

  Net Income (Loss)                                                $ (2,739)

Adjustments to reconcile net income
  income used for Operations:

  Depreciation & amortization                                         1,515  

Changes in Assets and Liabilities:

  Increase in accrued expenses                                        1,154
                                                                   -------- 

Net Cash used by Operations:                                            (70)

Cash Flows from investment activities:

  Acquisition of informercial                                      (147,913)

Cash Flows from Financing Activities:

  Note Receivable                                                   150,000
  Repayment of stockholder loans                                       (586)
                                                                   --------
                                                                    149,414
                                                                   --------

Net increase in cash                                                  1,431

Cash in Bank - Beginning                                                 -0-
                                                                   --------
Cash in Bank - Ending                                              $  1,410
                                                                   ========

          See Accountants Report and Notes to the Financial Statements.


                                      -4-
<PAGE>

                  VIVA GOLF MANUFACTURING, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
                  FOR THE EIGHT MONTHS ENDED NOVEMBER 30, 1998

                                                         Additional
                                           Common Stock    Paid-In-  Accumulated
                                 Shares       Amount       Capital     Deficit
                                 ------    ------------  ----------  -----------
                                                        
Balance, August 12, 1996       1,700,000   $   1,700     $   -0-     $     -0-
                                                                   
Issuance of Common                                                 
 Stock in Acquisition         15,000,000      15,000         -0-           -0-
                                                                   
Retirement of Common Stock    (5,000,000)     (5,000)        -0-           -0-
                                                                   
Net Loss                                         -0-         -0-       (48,711)
                             -----------   ---------     -------     ---------

Balance March 31, 1997        11,700,000      11,700         -0-       (48,711)
                                                                   
Net Loss                                                               (16,215)
                             -----------   ---------     -------     ---------

Balance-March 31, 1998        11,700,000   $  11,700     $   -0-     $ (64,926)

Net Loss                                                                (2,739)
                             -----------   ---------     -------     ---------

Balance-November 30, 1998     11,700,000   $  11,700     $   -0-     $ (67,665)
                             ===========   =========     =======     =========
                                                                 
         See Accountant's Report and Notes to the Financial Statements.


                                      -5-
<PAGE>

                  VIVA GOLF MANUFACTURING, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                NOVEMBER 30, 1998

NOTE 1 -    BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

            Business and Organization

            The Company was organized under the laws of the State of Florida on
            May 3, 1989. On August 12, 1996, the Company acquired Viva
            International Products, Inc. by issuing stock to the sole
            shareholder of the Company. As a result of this acquisition, the
            Company (formerly Federal Tax Lien, Inc.) changed its name to Viva
            Golf Manufacturing, Inc. and merged the operations of Viva
            International Products, Inc. into its Company.

            The Company on August 12, 1996, had virtually no assets at the time
            of acquisition. The Company was non-operational since inception.

            The acquired company has incurred various intangible costs involved
            in the development of its proprietary line of golf clubs.

            The Company has elected March 31 as its year end.

            The Company is in the development stage and requires substantial
            capital for marketing, advertising, tooling and production. The
            future success of the Company is dependent on its ability to obtain
            working capital to achieve these objectives. The Company is still
            considered to be in the developmental stage.

            Fixed Assets

            Fixed Assets are stated at cost and depreciated over their estimated
            allowable useful lives (5 to 10 years), using the straight-line
            method. Expenditures for major renewals and betterments that extend
            the useful lives of fixed assets are capitalized. Expenditures for
            maintenance and repairs are charged to expense as incurred.

            Income Taxes

            In February 1992, the Financial Accounting Standards Board issued
            Statement on Financial Accounting Standards 109 of "Accounting for
            Income Taxes." Under Statement 109, deferred tax assets and
            liabilities are recognized for the estimated future tax consequences
            attributable to differences between the financial statement carrying
            amounts of existing assets and liabilities and their respective tax
            basis.

            Research and Development Costs

            Research and development costs are being expensed as incurred.

            Inventory

            Inventory is stated at the lower of cost or market.


                                      -6-
<PAGE>

                  VIVA GOLF MANUFACTURING, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                NOVEMBER 30, 1998

(Continued)
NOTE 1 -    BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

            Organization Costs

            The Company has incurred various expenditures in the formation of
            its corporate and organizational structure. Upon commencement of its
            operations the deferred costs will be amortized over a period of no
            greater than sixty (60) months. Amortization commenced in August
            1996.

            Earnings Per Share

            Earnings per share are computed by dividing net income (loss) for
            the period by the weighted average of common shares that are
            outstanding. 

            Management Estimates

            The preparation of financial statements in conformity with generally
            accepted accounting principles requires management to make estimates
            and assumptions that affect the reported amounts of assets and
            liabilities and revenues and expenses. The actual outcome of the
            estimates could differ from the estimates made in the preparation of
            the financial statements.

NOTE 2 -    PROPERTY, PLANT AND EQUIPMENT

            Computer Equipment                                            $1,825
            Less: accumulated depreciation                                   819
                                                                          ------
                                                                          $1,006
                                                                          ======

NOTE 3 -    CAPITAL TRANSACTIONS

            On April 17, 1990, the Company received a letter of effectiveness
            from the Securities and Exchange Commission for its registration
            pursuant to a S-18 filing. The underwriting of its public common
            stock was unsuccessful, but 170,000,000 shares of its common stock
            were issued to the organizing group.

            On April 16, 1996, the Company recapitalized by reducing its
            authorized stock from 500,000,000 shares; .00001 par value to
            50,000,000 shares; .001 par value. Pursuant to corporate resolution
            dated April 16, 1996, the Company approved a reverse split of its
            common stock 100 to 1. Effectively the 170,000,000 shares
            outstanding was reduced to 1,700,000 shares.

            On August 12, 1996, the Company issued 15,000,000 shares to acquire
            100% of the outstanding common shares of Viva International
            Products, Inc. via a stock for stock exchange.

            On September 5, 1996, the Company changed its name to Viva Golf
            Manufacturing, Inc.


                                      -7-
<PAGE>

                  VIVA GOLF MANUFACTURING, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                NOVEMBER 30, 1998

(Continued)
NOTE 3 - CAPITAL TRANSACTIONS

            On December 10, 1996, the Board of Directors approved a resolution
            whereby five million shares held by a principal shareholder was
            retired in order to induce investment financing. The shareholder's
            loan account was credited with this transaction for par value of
            stock retired.

NOTE 4 - LOAN PAYABLE - STOCKHOLDERS

            The stockholders have advanced funds and incurred expenditures on
            behalf of the reorganization of the Company. The balance of loans
            due to stockholders are with interest accrued at 8%, unsecured with
            no scheduled repayment.

NOTE 5 - ASSET ACQUISITION

            On October 22, 1998, the Company acquired the assets of Viva Golf
            USA Corp. from Green Machine Management LTD (Bahamian I.B.C.) for a
            convertible note of $150,000. The assest consists primarily of a
            thirty minute T.V. informercial marketing Viva Golf Clubs.

NOTE 6 - NOTE RECEIVABLE

            As explained in Note 5, the Company issued a $150,000 note due in
            one year, unsecured and bearing interest at 8% per annum. The holder
            may elect to convert the note into 300,000 shares of common stock,
            exercisible within one year.

NOTE 7 - RELATED PARTY

            A stockholder provides consulting services to the company and his
            compensation is based on the future performance of the Company.
            Additionally, the stockholder is also a stockholder in the companies
            involved in the transaction described in Note 5.


                                     -8-

<PAGE>

      2. Management Discussion and Analysis of Financial Condition and Results
of Operations

Registrant has insignificant operations or substantial assets and intends to
seek out and obtain candidates with which it can merge or whose operations or
assets can be acquired through the issuance of common stock and possibly debt of
a combination thereof. The Company acquired the assets of the marketing and
distribution company, VIVA Golf USA, Corp., with a $150,000 Convertible Note on
October 22, 1998, in a attempt to consolidate and attract a merger or
acquisition. The non-controlling VIVA Golf USA Corp. shareholders were paid one
share of VGMI Common Stock for each two shares held in that transaction.

The Registrant has approximately 100 shareholders.

It is the present expectation of the Management of Registrant that in connection
with any such merger or acquisition of operations or assets that the Management
of Registrant will be transferred to the new controlling shareholders. The
Management of Registrant intends to negotiate covenants with any such company or
controlling shareholders that it/they will maintain Registrant's registration
with the Securities and Exchange Commission, comply with the terms of its
Articles of Incorporation and Bylaws in all respects, maintain and promote an
orderly market in Registrant's Common Stock and otherwise treat Registrant's
shareholders fairly.

Liquidity and Capital Resources

Registrant is a development-stage company and has conducted limited business
operations. The Company's cash resources and liquidity are extremely limited.
The Company has no assets to use as collateral to allow the Company to borrow,
and there is no available external funding source other than loans from
shareholder which has agreed to provide up to $10,000 for expenses connected
with the attempt to find a business combination partner. If no combination
partner is found in 24 months, Registrant will experience severe cash flow
difficulties. Registrant's principal needs for capital are for Securities and
Exchange Commission reporting requirements, bookkeeping, and professional fees.

6. Exhibits and Reports on Form 8K

(a) Exhibit 27 - Financial Data Schedule   There were no financial changes 
between November 30, 1998 and December 31, 1998.

(b) The Company Filed No Reports on Form 8K During the Period.

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

                                    VIVA Golf Manufacturing Inc.


March 9, 1999                       /s/ Ralph T. Woolbright
-------------                       ----------------------------
Date                                Ralph T. Woolbright
                                    Director/CFO