<PAGE>

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

                                   FORM 10-QSB

     [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2000

     [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
             EXCHANGE ACT OF 1934 For the transition period from to

                           Commission File No. 0-27509

                                  GO CALL, INC.
        (Exact name of small business issuer as specified in its charter)

          DELAWARE                                          65-0794980
(State or other jurisdiction of                (IRS Employer Identification No.)
incorporation or organization)

         SABANA SUR, DEL COLEGIO DE MEDICOS Y CIRUJANOS 125 METROS ESTE,
                              SAN JOSE, COSTA RICA
                    (Address of principal executive offices)

                                  506-290-8923
                           (Issuer's telephone number)

                                 Not Applicable
      (Former name, address and fiscal year, if changed since last report)

Check whether the issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for
such shorter period that the issuer was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.
Yes [ ] No [X]

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

Check whether the registrant has filed all documents and reports required to be
filed by Sections 12, 13, or 15(d) of the Exchange Act subsequent to the
distribution of securities under a plan confirmed by a court. Yes [ ] No [ ]

APPLICABLE ONLY TO CORPORATE ISSUERS:

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: At November 27, 2000 there were
28,716,284 shares of common stock outstanding.

Transitional Small Business Format: Yes [ ] No [ X ]




<PAGE>

                                  GOCALL, INC.

                                      INDEX
                                                                            Page

PART I.    Financial Information                                              2

Item 1.    Financial Statements (un-audited)                                  3

           Condensed Consolidated Balance Sheets - September 30, 2000
           (un-audited)                                                       4

           Condensed Consolidated Statements of Operations (un-audited)
           for the Three and Nine Months Ended September 30, 2000 and 1999    5

           Condensed Consolidated Statements of Cash Flows (un-audited)
           for the Nine Months Ended September 30, 2000 and 1999              6

           Notes to Consolidated Financial Statements                         7

Item 2.    Management's Discussion and Analysis of Financial Condition        11



PART II.   Other Information                                                  15

Item 1     Legal Proceedings                                                  15

Item 2     Changes in Securities                                              16

Item 6     Exhibits and Reports on Form 8-K                                   16

           Signatures                                                         16

(Inapplicable items have been omitted)


                                       2


<PAGE>


                                     PART I.
                              FINANCIAL INFORMATION

Item 1. Financial Statements (un-audited)

In the opinion of management, the accompanying un-audited financial statements
included in this Form 10-QSB reflect all adjustments (consisting only of normal
recurring accruals) necessary for a fair presentation of the results of
operations for the periods presented. The results of operations for the periods
presented are not necessarily indicative of the results to be expected for the
full year.










                                       3


<PAGE>
<TABLE>

                                         GOCALL, INC. AND SUBSIDIARIES
                                     CONDENSED CONSOLIDATED BALANCE SHEETS
                                                  (UNAUDITED)
<CAPTION>
                                                                                                     SEPTEMBER 30,
                                                                                                          2000
                                                                                                      ------------
<S>                                                                                                   <C>
CURRENT ASSETS
     Cash ........................................................................................    $     6,759
     Deposits receivable .........................................................................         82,585
     Other receivables ...........................................................................          3,976
     Other assets ................................................................................         88,702
                                                                                                      ------------
         TOTAL CURRENT ASSETS ....................................................................        182,022
                                                                                                      ------------
PROPERTY AND EQUIPMENT
     Equipment ...................................................................................        398,017
     Furniture and Fixtures ......................................................................         69,824
     Leasehold improvements ......................................................................          5,759
                                                                                                      ------------
                                                                                                          473,600
     Less: accumulated depreciation ..............................................................       (245,638)
                                                                                                      ------------
         NET PROPERTY AND EQUIPMENT ..............................................................        227,962
                                                                                                      ------------
INVESTMENT IN GLOBAL INDEXUS INC .................................................................        281,973
INVESTMENT IN SEVADA HOLDINGS LTD. AVAILABLE-FOR-SALE (SEE NOTE 6) ...............................      1,830,605
LONG-TERM NOTES RECEIVABLE (SEE NOTE 6) ..........................................................      1,166,054
                                                                                                      ------------

TOTAL ASSETS......................................................................................    $ 3,688,616
                                                                                                      ============

                      LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
     Accounts payable.............................................................................    $ 1,203,884
     Player deposits .............................................................................          8,081
     Due to related parties ......................................................................        329,818
                                                                                                      ------------
     TOTAL CURRENT LIABILITIES ...................................................................      1,541,783
                                                                                                      ------------

COMMITMENTS AND CONTINGENCIES (SEE NOTE 6) .......................................................              -

STOCKHOLDERS' EQUITY
     Preferred stock $0.001 par value; 2,000,000 shares authorized;
       issued and outstanding: 36,200 shares: ....................................................             36
     Common stock, $.001 par value; 100,000,000 shares authorized;
       issued and outstanding 27,669,120 shares: .................................................         27,669
     Additional paid-in capital ..................................................................      9,677,496
     Fair value of options issued ................................................................        303,160
     Subscriptions outstanding ...................................................................       (356,681)
     Accumulated deficit .........................................................................     (7,333,460)
     Accumulated other comprehensive loss ........................................................       (171,387)
                                                                                                      ------------
         TOTAL STOCKHOLDERS' EQUITY ..............................................................      2,146,833
                                                                                                      ------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY .......................................................    $ 3,688,616
                                                                                                      ============
         The accompanying notes are an integral part of these financial statements
</TABLE>
                                                       4



<PAGE>
<TABLE>

                                    GOCALL, INC. AND SUBSIDIARIES
                           CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                             (UNAUDITED)
<CAPTION>

                                                        FOR THE THREE MONTHS              FOR THE NINE MONTHS
                                                         ENDED SEPTEMBER 30,               ENDED SEPTEMBER 30,
                                                   ------------------------------    ------------------------------
                                                       2000             1999             2000              1999
                                                   -------------    -------------    -------------    -------------
<S>                                                <C>              <C>              <C>              <C>
REVENUES ......................................    $   (154,386)    $     89,808     $    (14,774)    $    548,118
COSTS OF REVENUES .............................          (8,336)          68,266           59,335          209,113
                                                   -------------    -------------    -------------    -------------

         GROSS PROFIT (LOSS) ..................        (146,050)          21,542          (74,109)         339,005
                                                   -------------    -------------    -------------    -------------

OPERATING EXPENSES
     Depreciation and Amortization ............          20,956              959           57,885          159,050
     General and Administrative ...............         215,870        1,108,274        1,132,921        1,472,684
                                                   -------------    -------------    -------------    -------------

         TOTAL OPERATING EXPENSES .............         194,914        1,109,233        1,190,806        1,631,734
                                                   -------------    -------------    -------------    -------------

OTHER EXPENSES
     Interest Expense .........................            (878)          (2,874)          (7,838)          (6,236)
     Loss on investment in Sevada Holdings Ltd.         (69,152)              --          (69,152)              --
                                                   -------------    -------------    -------------    -------------

         TOTAL OTHER EXPENSES .................         (70,030)          (2,874)         (76,990)          (6,236)
                                                   -------------    -------------    -------------    -------------

NET LOSS ......................................        (410,994)    $ (1,090,565)    $ (1,341,905)    $ (1,298,965)

PREFERRED DIVIDENDS ...........................        (198,900)              --         (198,900)              --
                                                   -------------    -------------    -------------    -------------

LOSS APPLICABLE TO COMMON SHARES ..............    $   (609,894)    $ (1,090,565)    $ (1,540,805)    $  1,298,965)
                                                   =============    =============    =============    =============

BASIC AND DILUTED LOSS PER COMMON SHARE .......    $      (0.02)    $      (0.05)    $      (0.06)    $      (0.07)
                                                   =============    =============    =============    =============

WEIGHTED AVERAGE NUMBER OF COMMON
  SHARES USED IN PER SHARE CALCULATION ........      27,022,580       20,867,478       25,861,693       19,834,899
                                                   =============    =============    =============    =============


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

                                                       5
</TABLE>



<PAGE>
<TABLE>

                                    GOCALL, INC. AND SUBSIDIARIES
                           CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                             (UNAUDITED)
<CAPTION>

                                                                            FOR THE NINE MONTHS
                                                                            ENDED SEPTEMBER 30,
-----------------------------------------------------------------------------------------------
                                                                       2000            1999
                                                                   ------------    ------------
<S>                                                                <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES
   Net loss ...................................................    $(1,341,905)    $(1,298,966)
   Adjustments to reconcile net loss to cash provided by
     operating activities:
     Depreciation, depletion and amortization .................         57,885         159,358
     Common Stock issued for services and products ............        132,906       1,597,285
      Loss on investment in Sevada Holdings Ltd. ..............         69,152              --
     Expense related to grant of stock options ................         65,000              --
     Changes in assets and liabilities, net of assets acquired:
       Trade receivables ......................................             --        (604,308)
       Deposit receivable .....................................        392,342        (350,773)
       Other receivables ......................................         11,110              --
       Other assets ...........................................        (33,353)         37,495
       Accounts payable .......................................        354,193         122,856
       Player deposits ........................................         (7,261)        253,047
                                                                   ------------    ------------

     NET CASH USED IN OPERATING ACTIVITIES ....................       (299,931)        (84,006)
                                                                   ------------    ------------

CASH FLOWS FROM INVESTING ACTIVITIES
   Capital expenditures .......................................       (129,256)       (445,585)
   Advances to related parties ................................         (2,500)              -
   Advances to Global Indexus, Inc. ...........................        (93,607)              -
                                                                   ------------    ------------

     NET CASH USED IN INVESTING ACTIVITIES ....................       (225,363)       (445,585)
                                                                   ------------    ------------

CASH FLOWS FROM FINANCING ACTIVITIES
   Advance to Country Star Restaurant .........................             --        (435,554)
   Proceeds from issuance of common stock .....................        341,001         336,839
   Principal payments on notes payable to related parties .....       (319,883)       (476,878)
   Proceeds from issuance of preferred stock ..................        156,900               -
   Proceeds from notes payable to related parties .............        322,501       1,245,984
                                                                   ------------    ------------

     NET CASH PROVIDED BY FINANCING ACTIVITIES ................        500,519         670,391
                                                                   ------------    ------------

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS ..        (47,890)        (60,929)
                                                                   ------------    ------------

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS ..........        (72,665)         79,871

CASH AND EQUIVALENTS AT BEGINNING OF PERIOD ...................         79,424          42,962
                                                                   ------------    ------------

CASH AND EQUIVALENTS AT END OF PERIOD .........................    $     6,759     $   122,833
                                                                   ============    ============

   The accompanying notes are an integral part of these financial statements.
</TABLE>
                                       6



<PAGE>


NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES

CONDENSED FINANCIAL STATEMENTS -- The accompanying unaudited condensed
consolidated financial statements include the accounts of GoCall, Inc. and its
subsidiaries ("GoCall"). These financial statements are condensed and,
therefore, do not include all disclosures normally required by generally
accepted accounting principles. These statements should be read in conjunction
with GoCall's most recent annual financial statements included in the Company's
report on Form 10-K for the year ended December 31, 1999. In particular,
GoCall's significant accounting principles were presented as Note 1 to the
Consolidated Financial Statements in that report. In the opinion of management,
all adjustments necessary for a fair presentation have been included in the
accompanying condensed financial statements and consist of only normal recurring
adjustments. The results of operations presented in the accompanying condensed
financial statements are not necessarily indicative of the results that may be
expected for the full year ending December 31, 2000.

BUSINESS CONDITION-- GoCall has accumulated deficits of $7,333,460 since their
inception through September 30, 2000. They have had losses from operations and
negative cash flows from operating activities during each of the two years in
the period ended December 31, 1999 and during the nine month period ended
September 30, 2000. These conditions raise substantial doubt regarding the
Company's ability to continue as a going concern. These financial statements do
not include adjustments related to the recoverability and classifications of
recorded asset amounts or the amounts and classifications of liabilities that
might be necessary should the Company be unable to continue in existence.
Management is seeking additional investment capital to support its business
ventures and provide the capital considered necessary to support operations.

REVENUE RECOGNITION-- Net revenues from e-commerce activities is extrapolated
from player losses based on revenue sharing formulas in the agreements with
licensors and are shown net of payouts.

NOTE 2 - INVESTMENT IN SEVADA HOLDINGS AVAILABLE-FOR-SALE

During December 1999, the Company entered into an agreement to acquire an 80%
interest in Sevada Holdings Ltd. IV, a limited partnership formed for the
purpose of developing and selling real estate. As consideration for the
investment, the Company contributed assets consisting of a hotel including real
estate and furnishings. The hotel assets contributed to the partnership have
been placed in an irrevocable trust with the interest of the beneficiaries
designated to the partners of Sevada Holdings Ltd. IV in direct proportion to
the original interests of the partnership. Subsequent to September 30, 2000,
during October 2000, the Company entered negotiations with the original owners
of the hotel and related assets in order to unwind the original acquisition
agreement and return the properties to the original owners. All the agreements
have been signed for this action to be taken. The agreement is at no cost to Go
Call. All of the shares originally paid for the hotel will be returned to the Go
Call treasury. The deal will be complete as soon as the shares are received at
the escrow agents office.

NOTE 3 - RELATED PARTY PAYABLES

During the three months ended June 2000 a note payable to an employee due April
1, 2000 became a non-interest bearing advance without specific terms of
repayment.

NOTE 4 - STOCKHOLDERS' EQUITY

During the three months ended September 30, 2000, the Company issued 26,200
convertible preferred shares in exchange for cash in the amount of $156,900, or
$5.98 per share. The preferred shares are convertible, at the option of the
holder, at the rate of 100 common shares for each preferred share. The
convertibility of the preferred shares into common constitutes a beneficial
conversion feature of the preferred shares in the amount of $198,900 which was
recorded as a preferred dividend during the three months ended September 30,
2000. Also during the three months ended September 30, 2000, the Company issued
624,000 common shares in exchange for cash in the amount of $75,000, or $0.12
per share.

                                       7


<PAGE>

During the three months ended June 30, 2000, the Company issued pursuant to a
stock purchase agreement and the exercise of options, 1,120,118 shares of common
stock and warrants to purchase 1,120,118 shares of common stock at an exercise
price of $0.148 per share for cash in the amount of $200,000. The warrants
expire on June 20, 2003. Also during the three months ended June 30, 2000, the
Company issued 122,610 common shares for services valued at $53,586, or $0.44
per share.

During the three months ended March 31, 2000, the Company issued 50,000 shares
of common stock for cash in the amount of $16,000, or $0.32 upon the exercise of
an option and issued 10,000 convertible preferred shares in exchange for cash in
the amount of $50,000, or $5.00 per share. The preferred shares are convertible
at the option of the holder, at the rate of 15 common shares for each preferred
share. Also during the three months ended March 31, 2000, the Company issued
112,000 common shares for services valued at $79,320, or $0.71 per share and
issued 2,897,484 common shares upon conversion of 185,439 convertible preferred
shares.

The following table summarizes the changes in stock activity during the nine
month period ended September 30, 2000:
<TABLE>
<CAPTION>

                                                                                                      ADDITIONAL
                                              PREFERRED STOCK                 COMMON STOCK              PAID-IN
                                          SHARES          AMOUNT          SHARES         AMOUNT         CAPTIAL
                                       ------------    ------------    ------------   ------------   ------------
<S>                                        <C>         <C>              <C>           <C>            <C>
DECEMBER 31, 1999                          185,439     $       186      22,741,909    $    22,741    $ 8,851,468

Stock issued for cash                       36,200              36       1,795,117          1,795        496,069
Common stock issued upon conversion
    of preferred stock                    (185,439)           (186)      2,897,484          2,898         (2,712)
Options exercised for cash                       -               -               -              -          1,100
Beneficial conversion feature on
   preferred shares                              -               -               -              -        198,900
Common stock issued for services                 -               -         234,610            235        132,671
                                       ------------    ------------    ------------   ------------   ------------

SEPTEMBER 30, 2000                          36,200     $        36      27,669,120    $    27,669    $ 9,677,496
                                       ============    ============    ============   ============   ============
</TABLE>

During the three months ended June 30, 2000, the Company granted options to
purchase 600,000 shares of common stock to directors of the company. The
exercise price of the options ranged from $0.30 to $0.32 per share, expire
between December 31, 2003 and April 1, 2004 and vest when the Company's common
stock is listed on a public exchange. The Company recognized expense in the
amount of $65,000 during the six month period ended June 30, 2000 related to the
grant of the options.

During June 2000, the Company cancelled an option for 680,000 shares of common
stock originally granted during November 1998 due to the holder of the options
non-performance on obligations under the option agreement.

                                       8


<PAGE>


NOTE 5 - COMPREHENSIVE LOSS

At September 30, 2000, the Company had accumulated other comprehensive loss due
to translation adjustments in the amount of $171,387 due to a wholly-owned
Canadian subsidiary.
<TABLE>
<CAPTION>

                                           FOR THE THREE MONTHS             FOR THE NINE MONTHS
                                            ENDED SEPTEMBER 30,             ENDED SEPTEMBER 30,
                                       ----------------------------    ----------------------------
                                           2000           1999             2000            1999
                                       ------------    ------------    ------------    ------------
<S>                                    <C>             <C>             <C>             <C>
LOSS APPLICABLE TO COMMON SHARES ....  $  (609,894)    $(1,090,565)    $(1,540,805)    $(1,298,965)
                                       ------------    ------------    ------------    ------------
Net change in cumulative foreign
    currency translation adjustment..       28,186               -         (16,366)              -
                                       ------------    ------------    ------------    ------------

   COMPREHENSIVE LOSS ...............  $  (581,708)    $(1,090,565)    $(1,557,171)    $(1,298,965)
                                       ============    ============    ============    ============
</TABLE>

NOTE 6-COMMITMENTS AND CONTINGENCIES

The Company has recorded in its accounts payable, certain liabilities which are
in dispute but for which the Company is being pursued for payment in the courts.
These liabilities have been recorded in the books for the full amount of the
claims. The Company may be able to successfully negotiate settlement for an
amount less than the full claim. Any changes in the conditions and circumstances
resulting in a change in the settlement amount of the liabilities, which could
be material, will be booked in the period of change.

The Company has been named in a complaint filed during September 1998 claiming
$75,000 in damages with respect to an alleged breach of contract related to a
commitment for television production services and distribution of a syndicated
television program. During April 2000, the court awarded a judgment in favor of
the plaintiff against the Company. An accrual for the entire $75,000 judgment
has been recorded in the financial statements for the quarter ended March 31,
2000 and adjusted in the prior year's accumulated deficit and prior year's
accrued charges.

LONG-TERM NOTES RECEIVABLE

In December 1999, the Company sold its investment in Country Star Restaurants,
Inc. ("CSR") and took back a note receivable in the amount of $728,000 due in
full with accumulated interest at an annual rate of 5% on December 23, 2004.
Prior to the sale, cash advances were made to CSR by the Company totaling
$435,554 which are to be repaid to the Company as Star operations permit.

During the quarter ended March 31, 2000, the purchaser of CSR, Star Liquidation
Company LLC ("Star"), filed a petition for bankruptcy of CSR. The note
receivable from Star bears prepayment rights that allow the Company an amount
equal to 50% of the net proceeds of any asset sale involving any Star assets,
subject to Star's bankruptcy proceedings and/or the rights of creditors. There
is no direct security for the principal amount of the note. Prior to the sale of
CSR to Star, the Company registered a general security agreement against all of
the monetary and non-monetary assets of CSR as security for the advances made to
CSR.

It is unclear at the date of issue of these financial statements how Star's
petition for bankruptcy of CSR will affect the Company's ability to realize the
full value of the note and advances related to CSR. The Company has not
recognized any allowance for doubtful collection of these amounts as of
September 30, 2000. Any changes which would result in the Company not being able
to collect the full value of these amounts will be booked in the period of
change.

                                       9


<PAGE>


INVESTMENT IN SEVADA HOLDINGS LTD. AVAILABLE-FOR-SALE

As further explained in Note 2 - Investment in Sevada Holdings Ltd.
Available-For-Sale, the Company is in negotiations to unwind an acquisition
agreement related to the Company's beneficial interest in hotel assets placed in
Sevada Holdings Ltd. The Company is unable to determine the outcome of the
negotiations and no adjustments have been included in the financial statements
as of September 30, 2000. If the agreement is finalized as negotiated, the
Company will receive back the approximate 1,680,000 (post-split) shares it
originally issued in exchange for the Company's interest in Sevada Holdings Ltd.

NOTE 7-SUBSEQUENT EVENTS

During October 2000, the Company issued 10,500 convertible preferred shares in
exchange for cash of $62,812. The preferred shares are convertible, at the
option of the holder, at the rate of 100 common shares for each preferred share.
The convertibility of the preferred shares into common constitute a beneficial
conversion feature of the preferred shares in the amount of $63,000 which was
recorded as a preferred dividend during October 2000.

Also during October 2000, the Company issued 1,000,000 common shares in exchange
for cash of $225,000, or $0.23 per share and issued 10,000 common shares to a
director of the Company for services valued at $2,225, or $0.22 per share.



                                       10


<PAGE>

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

FORWARD-LOOKING STATEMENT NOTICE

         When used in this report, the words "may," "will," "expect,"
"anticipate," "continue," "estimate," "project," "intend," and similar
expressions are intended to identify forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934 regarding events, conditions, and financial
trends that may affect the Company's future plans of operations, business
strategy, operating results, and financial position. Persons reviewing this
report are cautioned that any forward-looking statements are not guarantees of
future performance and are subject to risks and uncertainties and that actual
results may differ materially from those included within the forward-looking
statements as a result of various factors. Such factors are discussed under the
"Management's Discussion and Analysis of Financial Condition or Plan of
Operations," and also include general economic factors and conditions that may
directly or indirectly impact the Company's financial condition or results of
operations.

         The Company incurred losses of $1,341,905 and $1,298,965 for the nine
months ended September 30, 2000 and 1999, respectively. The auditor's report for
the year ended December 31, 1999 states that, "the company has suffered
recurring losses from operations that raises substantial doubt about its ability
to continue as a going concern." The Company expects to continue to incur
operating losses in the future, and no assurance can be given that the Company
will be able to continue. In 1999 and 2000, the Company has been financing its
cash flow needs through the sale of its common stock and related party loans. In
order to achieve profitability, the Company will have to identify and exploit
E-commerce ventures which are accepted on a commercial basis, and no assurance
can be given that the Company will be able to accomplish this goal or, even if
it does, that the Company will operate profitably in the future.

OVERVIEW OF PRESENTATION.

         The Company was incorporated in the State of Louisiana on March 1,
1994, as Omni Advantage Inc. On February 12, 1998, the Company formed a
subsidiary company in the State of Delaware named, Go Call, Inc. Pursuant to a
Certificate of Merger dated February 17, 1998, the Company merged with the
subsidiary company and currently operates as Go Call, Inc.

         The company is producing limited revenue because it is in the process
of restructuring, which required the shutting down of key revenue producing
segments of the business. Meanwhile, the Company has not yet regained its
previous revenue volumes.

         Go Call Canada, Inc., is a wholly owned subsidiary of the Company,
which is currently dormant and produces no revenues.

         Go Cash, Ltd., a Costa Rican corporation ("Go Cash"), is a wholly owned
subsidiary of the Company which performs all of the functions of the Company's
business of providing turnkey management services to other electronic gaming
companies. These services are performed outside the United States. Go Cash's
services include ongoing marketing of the gaming businesses and performing
calculations, preparing the website graphical interface with the customer,
managing secure electronic transfer of funds, storage of data on individual
players, administration of customer support services, continuous update of
website and addition of new games. Certain specific services, such as processing
of credit card transactions, are outsourced to unrelated third parties.
Currently, this subsidiary has one casino, a scratch ticket site, and six sports
book customers. The Company is beta testing for one potential lottery customer,
and is pursuing several other new client relationships.

                                       11


<PAGE>

         Country Star Restaurants, Inc., a Delaware corporation ("Country Star")
operated a country music theme restaurant in Southern California. Pursuant to a
Stock Acquisition Agreement dated March 11, 1999, the Company acquired
approximately 92% of the issued and outstanding common stock of Country Star
from the three principal shareholders of Country Star in exchange for 4,552,751
shares of the Company's Common Stock, which represented twenty-three percent
(23%) of all of the Company's issued and outstanding Common Stock. After the
Company assumed control of Country Star's operations, the Company advanced
approximately $438,054 to Country Star in exchange for a promissory note secured
by all of Country Star's assets. Management of the Company subsequently
determined that the Company had not received complete disclosure of Country
Star's operations. The substantial indebtedness of Country Star had not been
disclosed when the information was requested during the investigation before the
purchase. Upon discovering the true indebtedness by taking over the operations
of Country Star, the Company, pursuant to a Repurchase Agreement, dated August
5, 1999, redeemed the 4,552,751 shares of its Common Stock for a cash payment of
$728,440. The value of $728,440 or 16 cents per share was the payment negotiated
between two non-arm's length parties. The three principal shareholders who
originally sold the stock to the Company offered the price of $728,440 and the
Company agreed. The Company paid the agreed amount and certificate number 3100/2
for 4,552,751 shares of the Company common stock was returned to the transfer
agent, Interwest Transfer Company, and cancelled. As of August 19, 1999, Country
Star and the Company agreed to terminate plans to merge the two companies, and
the Company has announced its intention to dispose of its interest in Country
Star. On December 23, 1999, the Company sold their 92% interest in Country Star
Restaurants to Star Liquidation Company LLC, and received in return a note of
$728,000, bearing interest at the rate of 5% per annum due in full in December
2004.

         Subsequent to the Calendar year end, the purchaser of Country Star
Restaurants, Inc., Star Liquidation Company LLC filed a petition for bankruptcy
of Country Star Restaurants, Inc. The note receivable from Star Liquidations
bears prepayment rights that allows the Company an amount equal to 50% of the
net proceeds of any asset sale involving any Star Liquidation asset, subject to
Country Star Restaurant bankruptcy proceedings and/or the rights of creditors.
There is no direct security for the principal amount of the note. Prior to the
sale of Country Star Restaurant, Inc., the Company registered a general security
agreement against all of the monetary and non-monetary assets of Country Star
Restaurants as security for the advances made.

         During December 1999, the Company entered into an agreement to acquire
an 80% interest in Sevada Holdings Ltd. IV, a limited partnership formed for the
purpose of developing and selling real estate. As consideration for the
investment, the Company contributed assets consisting of a hotel with real
estate and furnishings. The hotel assets contributed to the partnership have
been place in an irrevocable trust with the interest of the beneficiaries
designated to the partners of Sevada Holdings Ltd. IV in direct proportion to
the original interests of the partnership. Subsequent to September 30, 2000,
during October 2000, the Company entered negotiations with the original owners
of the hotel and related assets in order to unwind the original acquisition
agreement and return the properties to the original owners.

         In an attempt to focus the activity of the Company on its core
business, the Internet, the Company has liquidated all of its telecommunication
services and other non-Internet related businesses during 1999 and has been
restructuring and obtaining new contracts to focus its entire attention on the
core Internet related segment.

         The Company has a 49% interest in Global Indexus, Inc. Indexus is a
sophisticated search engine and seller of English language instruction materials
through e-commerce. The Company estimates that the development and marketing of
Indexus will require approximately three months more work and an expenditure of
approximately $1,225,000. However, the management of the company will not invest
additional capital or resources into Indexus and is pursuing its divestiture.

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RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999.

         Total revenues for the quarter ended September 30, 2000 decreased
approximately 272% to a deficit of $154,386 from $89,808 for the quarter ended
September 30, 1999. This decrease in revenue is due to the Company having to
suspend for restructuring key revenue producing operations and an increase in
payouts. Total revenues principally include: Revenues from management services
related to wagers processed, net after payouts, from the Company's E-commerce
gaming processing business operations.

         Costs of revenues during the quarter ended September 30, 2000 decreased
approximately 112% to $8,336 from $68,266 at September 30, 1999. This decrease
is primarily from downsizing operations and focusing on the core internet
business.

         Total operating expenses during the quarter ended September 30, 2000
decreased approximately 82% to $194,914 from $1,109,233 for the quarter ended
September 30, 1999. Total operating expenses include general and administrative
expenses and amortization and depreciation expenses, and are as follows:

         General and administrative expenses during the quarter ended September
30, 2000 decreased approximately 81% to $215,870 from $1,108,274 during the
quarter ended September 30, 1999. This decrease was primarily due to the Company
liquidating its telecommunications and some non-internet related businesses.

         Amortization and depreciation expenses during the quarter ended
September 30, 2000 was decreased 2288% to ($20,956) from $959 in September 30,
1999. This decrease is due to correcting the depreciation that was recorded
previously for the Hotel.

         Other expenses consisting of interest expense and loss on investments
during the quarter ended September 30, 2000 were $878 and $69,152, respectively,
compared to $2,874 and $0 for the same period in 1999. The loss on investment is
due to the Sevada Holdings, Ltd. IV, investment.

         As a result of the foregoing, the Company generated a net loss of
$410,994 during the quarter ended September 30, 2000 compared to a net loss of
$1,090,565 during the quarter ended September 30, 1999. Although the Company
generated a net loss for the quarter ended September 30, 2000, the Company has
substantially reduced the net loss from the same period of last year by its
liquidation of non-internet assets and restructuring activities.

RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999.

         Total revenues for the nine months ended September 30, 2000 decreased
103% to a deficit of $14,774 from $548,118 for the nine months ended September
30, 1999. This decrease in revenue is due to the Company having temporarily
suspend key revenue producing operations and an increase in payouts. Total
revenues principally include: Revenues from management services related to
wagers processed, net after payouts, from the Company's E-commerce gaming
processing business operations.

         Cost of revenues during the nine months ended September 30, 2000
decreased 72% to $59,335 from $209,113 for the nine months ended September 30,
1999. This decrease is primarily from downsizing operations and focusing on the
core internet business.

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<PAGE>

         Total operating expenses during the nine months ended September 30,
2000 decreased 27% to $1,190,806 from $1,631,734 for the nine months ended
September 30, 1999. Total operating expenses include general and administrative
expenses and amortization and depreciation expenses, and are as follows:

         General and administrative expenses during the nine months ended
September 30, 2000 decreased 23% to $1,132,921 from $1,472,684 during the nine
months ended September 30, 1999. This decrease was primarily due to the Company
liquidating its telecommunications and some non-internet related businesses.

         Amortization and depreciation expenses during the nine months ended
September 30, 2000 decreased 64% to $57,885 from $159,050 at September 30, 1999.
This decrease is due to correcting the depreciation that was recorded previously
for the Hotel. Go Call should not have taken this depreciation; the depreciation
should have been on the Sevada books.

         Other expenses consisting of interest expense and loss on investments
during the nine months ended September 30, 2000 were $7,838 and $69,152,
respectively, compared to $6,236 and $0 for the same period in 1999. The loss on
investment is due to the Sevada Holdings, Ltd. IV, investment.

         As a result of the foregoing, the Company generated a net loss of
$1,341,905 during the nine months ended September 30, 2000, compared to a net
loss of $1,298,965 during the nine months ended September 30, 1999.

LIQUIDITY AND CAPITAL RESOURCES.

         At September 30, 2000, the Company had a current asset to current
liability ratio of 0.12 to 1, compared to a ratio of 0.48 to 1 at December 31,
1999.

         The Company's cash flow needs for the nine months ended September 30,
2000 and 1999 were primarily provided by loans from related parties and
financings from the sale of the Company's securities.

         At September 30, 2000, cash and cash equivalents were $6,759, compared
to $79,424 at December 31, 1999. This 91% decrease is primarily attributable to
the use of cash and cash equivalents to reduce the Company's debt to related
parties, advancements to Global Indexus, Inc., and continued losses.

         As of September 30, 2000, the Company's borrowings grew 18% to
$1,541,783 from $1,308,476 as of December 31, 1999. The growth of the borrowings
was due to a 25% increase in accounts payable to $1,203,884 from $965,067 plus a
1% increase in related party loans to $329,818 from $328,067, offset by a 47%
decrease in player deposits to $8,081 from $15,342.

         Net cash used in operating activities during the nine months ended
September 30, 2000 primarily consisted of a net loss from operations of
$1,341,905, an increase in accounts payable of $354,193, and an increase in
deposit receivables of $392,342 that are mostly due to the refund of old
reserves being held by the credit card processing company on player deposit.

         Net cash provided by financing activities was $500,519 for the nine
months ended September 30, 2000, compared to $670,391 for the same period in
1999.

         The Company has historically financed its operations through working
capital provided by operations, related party loans and the private placement of
equity and debt securities. The company's ability to continue its operations is
currently dependent on financing from external sources. There can be no
assurances that additional capital will be available on terms favorable to the
Company or at all, or that the company will be able to generate sufficient cash
flow in order to sustain operations. To the extent that additional capital is
raised through the sale of additional equity or debt securities, the issuance of
such securities could result in additional dilution to the company's
stockholders. In the event that the company experiences the need for additional
Capital, and is not able to generate capital from financing sources or from
future operations, management may be required to modify, suspend or discontinue
the operations of the company.

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<PAGE>

         The company's accompanying financial statements have been presented on
the basis that it is a going concern, which contemplates the realization of
assets and the satisfaction of liabilities in the normal course of business. As
noted in the company's audited consolidated financial statements for the years
ended December 31, 1999 and December 31, 1998, the company has incurred
significant net losses. This factor, among others, raises substantial doubt as
to the company's ability to obtain long-term debt or equity financing and
achieve profitable operations. The company's ability to continue as a going
concern is dependent upon its ability to generate positive cash flows from
operations. These accompanying financial statements do not include any
adjustments related to the recoverability and classification of recorded asset
amounts or the amounts and classification of liabilities that might be necessary
should the company be unable to continue in existence. In the interim period,
management is still seeking additional investment capital to support its
business and provide the capital considered necessary to support operations.

FOREIGN CURRENCY TRANSLATION

         Foreign currency assets and liabilities of the Company have been
translated in the Company's financial statements from Canadian dollar values
into United States dollar values, at the rate of exchange prevailing at the
balance sheet date. Foreign currency revenues and expenses are translated at
average exchange rates for the period reported.

         The statement of cash flows in the Company's financial statements
reflect a loss of $47,890 due to an effect of exchange rate changes on cash for
the nine months ended September 30, 2000.

QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

         The Company is not currently exposed to market risks due to changes in
interest rates and foreign currency rates, and therefore, the Company does not
use derivative financial instruments to address risk management issues in
connection with changes in interest rates and foreign currency rates.

                           PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

         The Company currently has a judgment against it in the amount of
$75,000, which is owed to Harvey Productions, Inc. An accrual for the judgment
in the amount of $75,000 has been recorded in the financial statements for the
quarter ended March 31, 2000 and adjusted in the prior years "accumulated
deficit" and "accrued charges" columns.

         A default judgment was entered against the Company vs. Island Green
Forestry by the Provincial Court of British Columbia, Small Claims, Case #C2877
in the amount of $10,766.68 Canadian. The judgment was against Go Call Canada,
Inc., (the Canadian subsidiary of the Company). The Company is investigating the
default judgment since the Company was never served with a complaint. An accrual
for the judgment in the amount of $10,766.68 has been recorded in the financial
statements for the quarter ended September 30, 2000.

         On May 15, 2000, the two casino sites to which the Company had been
providing services stopped using the Company's services. On June 8, 2000, the
Company received a letter from the owner of these casinos stating that the
casino royalties for October through the present were not paid and that the
contract was being terminated for non-payment. In a previous letter dated
February 2000, the casino owner alleged that over $400,000 was owed. The Company
disagrees with the amount since no invoices were received. The Company is
investigating the matter, and its management is investigating various options.

                                      15


<PAGE>

         Except as set forth above, the Company knows of no material legal
actions, pending or threatened, or judgment entered against the Company or any
executive officer or director of the Company, in his capacity as such.

ITEM 2. CHANGES IN SECURITIES

         During the three months ended September 30, 2000, the Company issued
26,200 convertible preferred shares to two different private corporations. in
exchange for cash in the amount of $156,900. The preferred shares are
convertible, at the option of the holder, at the rate of 100 common shares for
each preferred share. The shares were issued in a private transaction not
involving a public offering and the Company relied upon Section 4(2) to effect
the transaction.

         During the three months ended September 30, 2000, the Company issued
654,761 shares of common stock to a private corporation. in exchange for cash in
the amount of 208,333 shares for $25,000, and 446,428 shares for $50,000. The
shares were issued in a private transaction not involving a public offering and
the Company relied upon Section 4(2) to effect the transaction.

         In October of 2000, the Company issued 1,000,000 shares of common stock
to an investor in exchange for cash in the amount of $225,000. The shares were
issued in a private transaction not involving a public offering and the Company
relied upon Section 4(2) to effect the transaction.

                  In October of 2000, 10,000 shares to a director, Michael Meyer
for services valued at $2,225. The shares were issued in a private transaction
not involving a public offering and the Company relied upon Section 4(2) to
effect the transaction.

         In October of 2000, the Company issued 10,500 convertible preferred
shares to a private corporation in exchange for cash in the amount of $62,812.
The preferred shares are convertible, at the option of the holder, at the rate
of 100 common shares for each preferred share. The shares were issued in a
private transaction not involving a public offering and the Company relied upon
Section 4(2) to effect the transaction.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.

Reports on Form 8-K:

         No reports on Form 8-K were filed by the Company during the quarter
ended September 30, 2000.

Exhibits:

         Included only with the electronic filing of this report is the
Financial Data Schedule for the nine-month period ended September 30, 2000
(Exhibit ref. No. 27).



<PAGE>

                                   SIGNATURES

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

                                         GO CALL, INC.

Date: 6/20/2001                          By: /s/ James Palmer
     ------------------                      ------------------------------
                                             James Palmer
                                             Chief Executive Officer



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