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

                                   FORM 10-QSB
(Mark One)

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

     For  the quarterly period ended: May 31, 2003

[ ]  TRANSITION  REPORT  PURSUANT  TO SECTION  13 OR 15(d) OF THE  SECURITIES
     EXCHANGE ACT OF 1934

              For the transition period from ________ to ________.


                         Commission file number 0-10093

                              Golf Rounds.com, Inc.
        (Exact name of small business issuer as specified in its charter)

   Delaware                                             59-1224913
--------------                                       ----------------
(State or other jurisdiction of                      (I.R.S. Employer
incorporation or organization)                       Identification No.)

111 Village Parkway, Building 2, Marietta, Georgia        30067
(Address of principal executive offices)                (Zip Code)

                                  770-951-0984
                           (Issuer's telephone number)

                                       N/A
              (Former name, former address and former fiscal year,
                          if changed since last report)

     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the Securities  Exchange Act of 1934 during the preceding
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 ______

     State the number of shares  outstanding of each of the issuer's  classes of
common equity as of the latest practicable date: As of July 14, 2003, the issuer
had 3,447,377 shares of common stock, par value $.01 per share, outstanding.

Transitional Small Business Disclosure Format (check one):   Yes        No   X
                                                            ------     -----



<PAGE>



PART I - FINANCIAL INFORMATION

Item 1. -  Financial Statements


                              GOLF ROUNDS.COM, INC.
                                  BALANCE SHEET
                                   (Unaudited)

<TABLE>
<CAPTION>
<S>                                                                                             <C>

                                                                                              May 31,
                                                                                                2003

                                                                                            ------------
ASSETS

    Current assets:
        Cash and cash equivalents                                                            $ 2,721,988
        Prepaid expenses and other                                                                50,417
                                                                                            ------------
           Total current assets                                                                2,772,405

                                                                                            -------------
           Total assets                                                                      $ 2,772,405
                                                                                            =============

LIABILITIES AND STOCKHOLDERS' EQUITY

    Current liabilities:
        Accounts payable and accrued liabilities                                             $    24,817
                                                                                            ------------

    Stockholders' equity:
        Common stock, $.01 par value,
            12,000,000 shares authorized,
              3,447,377 shares issued and outstanding                                             34,473
        Additional capital in excess of par value                                              4,773,866
        Accumulated deficit                                                                   (2,060,751)
                                                                                            -------------
               Total stockholders' equity                                                      2,747,588
                                                                                            -------------
               Total liabilities and stockholders' equity                                    $ 2,772,405
                                                                                            =============

                 See accompanying notes to financial statements.

</TABLE>

                                       2
<PAGE>

                              GOLF ROUNDS.COM, INC.
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)
<TABLE>
<CAPTION>
<S>                                                                                               <C>


                                                                                            For the three months
                                                                                                ended May 31,
                                                                                     -----------------------------------
                                                                                         2003                   2002
                                                                                     -------------         -------------
Revenues:
    Web site advertising                                                              $       -            $        -
                                                                                     -------------         -------------

Expenses:
    General, administrative and other                                                       47,084                68,645
    Amortization and depreciation                                                             -                     -
                                                                                     -------------         -------------
          Total expenses                                                                    47,084                68,645
                                                                                     -------------         -------------
Net loss from operations                                                                   (47,084)              (68,645)

Other income:
    Interest and dividends                                                                   6,391                 9,088
                                                                                     -------------         -------------
Net loss                                                                             $     (40,693)        $     (59,557)
                                                                                     =============         =============
Basic and diluted net (loss) per share                                               $        (.01)        $        (.02)
                                                                                     =============         =============
Weighted average number of shares outstanding                                            3,447,377             3,447,377
                                                                                     =============         =============
</TABLE>

                 See accompanying notes to financial statements.

                                       3





<PAGE>


                              GOLF ROUNDS.COM, INC.
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)
<TABLE>
<CAPTION>
<S>                                                                                                <C>


                                                                                           For the nine months
                                                                                              ended May 31,
                                                                                    -----------------------------------
                                                                                        2003                 2002
                                                                                    ------------         ------------
Revenues:
    Web site advertising                                                             $       -            $      -
                                                                                     -----------          -----------

Expenses:
    General, administrative and other                                                     137,470             171,900
    Amortization and depreciation                                                            -                    518
                                                                                     ------------         -----------
          Total expenses                                                                  137,470             172,418
                                                                                     ------------         -----------
Net operating loss before unusual item                                                   (137,470)           (172,418)

Refund of Directors' and Officers'
    liability insurance premium                                                              -                 34,500
                                                                                     ------------         -----------
Net loss from operations                                                                 (137,470)           (137,918)

Other income (expenses):
    Interest and dividends                                                                 19,967              32,107
    (Loss) on sale of marketable securities                                                  -                (12,422)
                                                                                     ------------         -----------
        Total other income (expenses)                                                      19,967              19,685
                                                                                     ------------         -----------
Net loss                                                                             $   (117,503)        $  (118,223)
                                                                                     ============         ===========
Basic and diluted net (loss) per share                                               $       (.03)        $      (.03)
                                                                                     ============         ===========
Weighted average number of shares outstanding                                           3,447,377           3,447,377
                                                                                     ============         ===========


</TABLE>

                 See accompanying notes to financial statements.


                                       4

<PAGE>



                              GOLF ROUNDS.COM, INC.
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<CAPTION>
<S>                                                                                              <C>

                                                                                       For the nine months
                                                                                          ended May 31,

                                                                                 --------------------------------------
                                                                                      2003                   2002
                                                                                 ---------------        ---------------
Cash flows from operating activities:
Net (loss)                                                                         $ (117,503)            $  (118,233)
Adjustments to reconcile net loss to net
  cash used in operating activities:
    Amortization and depreciation                                                        -                        518
    Loss on sale of marketable securities                                                -                     12,422
    Increase or decrease in:
      Prepaid expenses and other                                                      (15,203)                (27,175)
      Accounts payable and accrued liabilities                                        (18,133)                 21,772
     Litigation settlement payable                                                    (30,000)
                                                                                 ---------------       ----------------

Net cash used by operating activities                                                (180,839)               (110,696)
                                                                                ----------------       ----------------

Net cash provided by investing activities:
    Proceeds from sale of marketable securities                                          -                     89,200
                                                                                ----------------       ----------------

Net cash provided by financing activities                                                -                      -
                                                                                ----------------       ----------------

Net decrease in cash and cash equivalents                                            (180,839)                (21,496)

Cash and cash equivalents at beginning of period                                    2,902,827               2,950,029
                                                                                ----------------       ----------------

Cash and cash equivalents at end of period                                         $2,721,988            $  2,928,533
                                                                                ================        ==============
</TABLE>

                 See accompanying notes to financial statements.


                                       5







<PAGE>


GOLF ROUNDS.COM, INC.
NOTES TO FINANCIAL STATEMENTS
(Unaudited)


1.   Basis of Presentation

     The  accompanying  unaudited  balance sheet of Golf  Rounds.com,  Inc. (the
"Company") as of May 31, 2003 and the unaudited statements of operations for the
three-month and nine-month periods ended May 31, 2003 and 2002 and the unaudited
statements of cash flows for the nine-month  periods ended May 31, 2003 and 2002
reflect  all  material  adjustments  which,  in the opinion of  management,  are
necessary for a fair  presentation of results for the interim  periods.  Certain
information  and  footnote   disclosures   required  under  generally   accepted
accounting  principles have been condensed or omitted  pursuant to the rules and
regulations  of the  Securities  and Exchange  Commission,  although the Company
believes that the disclosures are adequate to make the information presented not
misleading.  These financial  statements  should be read in conjunction with the
year-end financial statements and notes thereto included in the Company's Annual
Report on Form  10-KSB for the year ended  August  31,  2002,  as filed with the
Securities and Exchange Commission on November 29, 2002.

     The results of operations for the three-month and nine-month  periods ended
May 31,  2003 and 2002  are not  necessarily  indicative  of the  results  to be
expected  for the  entire  fiscal  year or for any other  period.  Prior  year's
financial  statements  have been  reclassified  to conform to the current year's
presentation.


2.   Loss Per Share

     Net loss per common share is based on the weighted average number of shares
outstanding during the applicable  period.  Excluded from the net loss per share
calculations  for the three-month and nine-month  periods ended May 31, 2003 and
2002  are  contingently  issuable  shares  that,  if  included,  would  have  an
antidilutive effect.


3.   Legal Settlement

     The Company was named as a defendant in a lawsuit  entitled  Saint Barnabus
Medical Center, Inc. v Estate of Karen Van Herwarde et. al. which was brought in
the Superior  Court of New Jersey,  Essex  County  under Docket No.  L-11080-01.
Although, as the Company previously disclosed, management is of the opinion that
the Company was not liable to the plaintiff in this matter,  the Company decided
to join with the other  defendants  in a  settlement  of the lawsuit in order to
bring the matter to a conclusion and save any further legal expense. The Company
contributed  $30,000 to the settlement in return for a complete release from all
the other parties arising from the claims alleged in the lawsuit. The Settlement
Agreement  and Release was executed on August 30, 2002.  The Company paid in its
$30,000 contribution to the settlement on September 9, 2002.

                                       6

<PAGE>



4.   Directors' Stock Options

     In March and May 2003, the Board of Directors, by unanimous consent awarded
Directors,  for serving on the Board,  options to purchase 10,000 shares each of
the Company's Common Stock,  exercisable  immediately or for any time during the
five-year period commencing on the grant date, as follows:

---------------  -----------------------   ----------------    -----------------
Grant Date              Director           Exercise Price        Expiration Date
                                                /Shares
---------------  -----------------------   ----------------    -----------------
March 14, 2003     John F. McCarthy, III     $ 0.50               March 13, 2008
---------------  -----------------------   ----------------    -----------------
March 14, 2003     Robert H. Donehew         $ 0.50               March 13, 2008
---------------  -----------------------   ----------------     ----------------
May 13, 2003       Anthony Charos            $ 0.52               May 12, 2008
---------------  -----------------------   ----------------     ----------------

     Consistent with the Company's  policy to account for employee stock options
in  accordance  with  Accounting  Principles  Board  Opinion  No. 25 ("APB 25"),
"Accounting  for  Stock  Issued  to  Employees,"   the  Company   recognized  no
compensation  expense related to stock options awarded to Directors in March and
May 2003, as no options are granted at a price below the market price on the day
of the grant,  as adjusted  for  inducements  that are not larger per share than
would  reasonably be required in an offer of shares to all  shareholders for the
purpose of raising an  equivalent  amount of capital  and  considering  that the
Company's stock is thinly traded.

         Statement 123 of the Financial Accounting Standards Board (FAS 123),
"Accounting for Stock-Based Compensation," became effective for the Company in
1996. FAS 123, which prescribes the recognition of compensation expense based on
the fair value of options on the grant date, allows companies to continue
applying APB 25 if certain pro forma disclosures are made assuming hypothetical
application of the fair-value method. The Company elects to include the
proscribed pro forma disclosures, using the fair-value method, of the
hypothetical compensation costs of granting these, and any other options granted
during the current fiscal year, in the Company's annual audited financial
statements as reported in Form 10-KSB.

     No options  were  exercised,  canceled or  modified  during the nine months
ended May 31, 2003.


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

     This Form 10-QSB contains forward-looking statements that may involve known
and unknown risks,  uncertainties and other factors that may cause the Company's
actual results and performance in future periods to be materially different from
any prior periods or performance suggested by these statements.

Overview

     The Company was  incorporated  in 1968.  Until the fourth quarter of fiscal
1992, we were engaged in the wholesale  distribution of aluminum  alloys,  steel
and other specialty  metals under the name American Metals Service,  Inc. In the
fourth  quarter of fiscal 1992, we liquidated our assets and did not conduct any
business  operations until May 1999. At that time, we acquired the assets of PKG
Design,   Inc.,  the  developer  of  golfrounds.com   and   skiingusa.com,   two
sports-related  Internet  websites.  In connection with the acquisition of these
websites,  we changed  our name to Golf  Rounds.com,  Inc.  In August  2001,  we
determined to cease operations of our golfrounds.com and skiingusa.com  websites
since  continued  maintenance  of these websites was not a productive use of our
resources.  We still own the rights to these  domain  names and may sell them in
connection with a business combination.

                                       7


<PAGE>



Current Business Plan

     Our  current  business  plan is  primarily  to serve as a  vehicle  for the
acquisition of a target  business that we believe will have  significant  growth
potential.  We intend to use our available cash  (currently  approximately  $2.7
million),  capital  stock,  debt or a combination  of these to effect a business
combination with a company that desires to establish a public trading market for
its  securities  while avoiding what it may deem to be adverse  consequences  of
undertaking a public offering itself, such as time delays,  significant expense,
loss of voting  control and other  burdens  including  significant  professional
fees. The business combination may be with a financially stable,  mature company
or a company that is financially  unstable or in its early stages of development
or growth.

     In seeking to attain  our  business  objective,  we will not  restrict  our
search to any particular  industry.  Rather,  we may  investigate  businesses of
essentially any kind or nature and participate in any type of business that may,
in our management's  opinion,  meet our business objectives as described in this
report.  We  emphasize  that the  description  in this  report  of our  business
objectives is extremely  general and is not meant to restrict the  discretion of
our management to search for and enter into potential business opportunities. We
have not chosen the  particular  business  in which we will  engage and have not
conducted any market studies with respect to any business or industry for you to
evaluate the possible  merits or risks of the target  business or the particular
industry  in which we may  ultimately  operate.  To the  extent we enter  into a
business  combination  with a financially  unstable  company or an entity in its
early stage of development or growth,  including  entities  without  established
records of sales or earnings,  we will become subject to numerous risks inherent
in the  business  and  operations  of  financially  unstable  and early stage or
potential emerging growth companies. In addition, to the extent that we effect a
business combination with an entity in an industry characterized by a high level
of risk, we will become subject to the currently  unascertainable  risks of that
industry.  An  extremely  high level of risk  frequently  characterizes  certain
industries that experience rapid growth. In addition,  although we will endeavor
to evaluate the risks inherent in a particular  industry or target business,  we
cannot assure you that we will properly ascertain or assess all significant risk
factors.

Results of Operations

Three months ended May 31, 2003 as compared to the three months ended May 31,
2002:

     We have had no significant revenues (other than interest income) since 1992
and will not achieve any  significant  revenues  (other  than  interest  income)
until, at the earliest, the completion of a business combination.  For the three
months ended May 31, 2003  interest  income was $6,391 as compared to $9,088 for
the comparable  period of the prior fiscal year. The decrease in interest income
was due to the decline of interest rates on Treasury  Bills and the  consumption
of capital available for investment by continuing operating losses.

     General,  administrative  and other  expenses  were  $47,084  for the three
months  ended May 31, 2003 as compared to $68,645 for the three months ended May
31, 2002.  The decrease in general,  administrative  and other  expenses was due
primarily to the  elimination of one officer's  salary and related payroll taxes
as of January 31,2003;  decreases in professional  fees for preparing and filing
quarterly  reports;  and elimination of legal fees that were incurred during the
three months ended May 31, 2002 to defend  against a lawsuit,  which was settled
at the end of fiscal 2002.

     General,  administrative  and other expenses for the three months ended May
31, 2003 consisted approximately of costs or expenses associated with:

                                       8
<PAGE>

Directors' and Officers' liability insurance         $13,200
Legal and due diligence                               10,300
Audit and accounting                                   9,000
Officer's salary                                       7,500
Office sharing                                         2,700
Franchise taxes                                        1,800
Stockholder services                                   1,500
Payroll taxes                                          1,000
Miscellaneous                                            200



Nine months ended May 31, 2003 as compared to the nine months ended May 31,
2002:

     Interest  income  for the nine  months  ended May 31,  2003 was  $19,966 as
compared to $32,107 for the  comparable  period of the prior  fiscal  year.  The
decrease in interest income was due to the decline of interest rates on Treasury
Bills and the  consumption  of capital  available  for  investment by continuing
operating losses.

     General,  administrative  and other  expenses  were  $137,470  for the nine
months  ended May 31, 2003 as compared to $171,900 for the nine months ended May
31, 2002.  The decrease in general,  administrative  and other  expenses was due
primarily to decreases in professional  fees for preparing and filing  quarterly
reports;  elimination of legal fees,  which were incurred during the nine months
ended May 31,  2002 to defend  against a lawsuit  that was settled at the end of
fiscal 2002;  and the  elimination of one officer's  salary and related  payroll
taxes as of January 31, 2003.

     During the quarter  ended May 31,  2002,  we  received  the payment for the
non-recurring  refund of Directors' and Officers' liability insurance premium of
$34,500,  which had been  recognized  as an unusual item in fiscal  2002.  As no
similar  refund was  received  for fiscal  2003 nor  anticipated  for any future
period,   the  cost  for  Directors'  and  Officers'   liability   insurance  of
approximately  $39,000 for the nine months ended May 31, 2003, is not comparable
to the credit recorded during the nine months ended May 31, 2002, but represents
approximately  three quarters of our annual  Directors' and Officers'  liability
insurance premium.

     Amortization and depreciation  expense was $0 for the nine months ended May
31, 2003 as compared to $518 for the nine months ended May 31,  2002,  as all of
our depreciable equipment had been fully depreciated prior to November 30, 2001.

     General,  administrative and other expenses of $137,470 for the nine months
ended May 31, 2003 consisted approximately of costs or expenses associated with:

Directors' and Officers' liability insurance         $39,000
Officers' salary                                      35,000
Audit and accounting                                  25,000
Legal and due diligence                               19,200
Office sharing                                         8,100
Stockholder services                                   4,500
Franchise taxes                                        3,200
Payroll taxes                                          3,200
Miscellaneous                                            300



     The Company was named as a defendant in a lawsuit  entitled  Saint Barnabus
Medical Center, Inc. v Estate of Karen Van Herwarde et. al. which was brought in
the Superior  Court of New Jersey,  Essex  County  under Docket No.  L-11080-01.
Although, as the Company previously disclosed, management is of the opinion that
the Company was not liable to the plaintiff in this matter,  the Company decided
to join with the other  defendants  in a  settlement  of the lawsuit in order to
bring the matter to a conclusion and save any further legal expense. The Company
contributed  $30,000 to the settlement in return for a complete release from all
the other parties arising from the claims alleged in the lawsuit. The Settlement
Agreement  and Release was executed on August 30, 2002.  The Company paid in its
$30,000  contribution  to the  settlement  on  September  9, 2002.  The  $30,000
reduction in  "Litigation  settlement  payable",  reflected on the Statements of
Cash Flows for the nine months ended May 31, 2003,  represents  the cash payment
of the Company's agreed-upon  contribution to the full settlement and release of
all parties from future claims related to this matter.

                                       9

<PAGE>

Liquidity and Capital Resources

     At May 31, 2003, cash and cash  equivalents were  approximately  $2,722,000
and working capital was approximately $2,747,600. The interest rate being earned
on Treasury Bills held at May 31, 2003 was 1.1%.


Item 3. Controls and Procedures

     Within the 90-day period prior to the filing of this report,  an evaluation
of the  effectiveness  of our disclosure  controls and procedures was made under
the supervision  and with the  participation  of our  management,  including the
chief  executive  officer  and  the  chief  financial  officer.  Based  on  that
evaluation,  our principal  executive  officer and principal  financial  officer
concluded  that our  disclosure  controls and procedures are effective to ensure
that  information  required  to be  disclosed  by us in reports  that we file or
submit  under  the  Securities  Exchange  Act of  1934 is  recorded,  processed,
summarized  and reported  within the time periods  specified in  Securities  and
Exchange Commission rules and forms. Subsequent to the date of their evaluation,
there were no significant  changes in our internal  controls or in other factors
that could significantly affect these controls, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Part 2: OTHER INFORMATION

Item:  2 Changes in Securities and Use of Proceeds

c)   Recent Sale of Unregistered Securities

     During the  quarter  ended May 31,  2003,  we made the  following  sales of
unregistered securities.
<TABLE>
<CAPTION>
<S>                     <C>             <C>                  <C>                <C>                   <C>
----------------- ---------------- -------------- ---------------------- ------------------- --------------------
                                                  Consideration received
                                                    and description of                       If option, warrant
                                                   Underwriting or other                       or convertible
                                                    discounts to market                       security terms of
                      Title of                       price offered to       Exemption from       exercise or
   Date of Sale       Security      Number Sold         Purchasers       registration claimed    conversions
----------------- ---------------- -------------- ---------------------- ------------------- --------------------

     3/14/03         Option to         20,000      No cash consideration         4(2)          Exercisable in
                  purchase common                 received until exercise                      full upon grant
                  stock issued to                                                              for five years
                     directors                                                                from the date of
                                                                                                 grant at an
                                                                                              exercise price of
                                                                                               $0.50 per share

----------------- ---------------- -------------- ---------------------- ------------------- --------------------
     5/13/03         Option to         10,000      No cash consideration         4(2)          Exercisable in
                  purchase common                 received until exercise                      full upon grant
                  stock issued to                                                              for five years
                      director                                                                from the date of
                                                                                                 grant at an
                                                                                              exercise price of
                                                                                               $0.52 per share
----------------- ---------------- -------------- ---------------------- ------------------- --------------------


</TABLE>

                                       10
<PAGE>



                                    SIGNATURE

     In accordance  with the  requirements  of the Exchange Act, the  registrant
caused this Form 10-QSB to be signed on its behalf by the undersigned, thereunto
duly authorized.




                                             GOLF ROUNDS.COM, INC.



Dated: July 14, 2003                         By:    /s/ Robert H, Donehew
                                                    __________________________
                                                    Robert H. Donehew
                                                    President and Treasurer
                                                   (Principal Financial Officer)


                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

     In  connection  with the  Quarterly  Report of Golf  Rounds.com,  Inc. (the
"Company")  on Form  10-QSB for the period  ended May 31, 2003 as filed with the
Securities and Exchange Commission (the "Report"),  each of the undersigned,  in
the capacities and on the dates indicated below, hereby certifies pursuant to 18
U.S.C.  Section 1350, as adopted  pursuant to Section 906 of the  Sarbanes-Oxley
Act of 2002, that:

1.   the Report fully complies with the  requirements  of Section 13(a) or 15(d)
     of the Securities Exchange Act of 1934; and

2.   the information  contained in the Report fairly  presents,  in all material
     respects, the financial condition and results of operation of the Company.


Dated: July 14, 2003                               /s/ John F. McCrthy, III
                                                   _________________________
                                                   John F. McCarthy, III
                                                   Chairman and Secretary
                                                   (Principal Executive Officer)

Dated: July 14, 2003                               /s/ Robert H. Donehew
                                                   _________________________
                                                   Robert H. Donehew
                                                   President and Treasurer
                                                   (Principal Financial Officer)



                                       11

<PAGE>


                                  CERTIFICATION
                    PURSUANT TO RULE 13a-14 AND 15d-14 UNDER
                 THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

I, John F. McCarthy, III, certify that:

1.   I  have   reviewed   this   quarterly   report  on  Form   10-QSB  of  Golf
     Rounds.com,Inc.;

2.   based on my knowledge,  this  quarterly  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 quarterly report;

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

4.   the  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

     (a)  designed  such  disclosure  controls  and  procedures  to ensure  that
          material  information  relating  to  the  registrant,   including  its
          consolidated subsidiaries,  is made known to us by others within those
          entities,  particularly  during  the  period in which  this  quarterly
          report is being prepared;

     (b)  evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures as of a date within 90 days prior to the filing date of
          this quarterly report (the "Evaluation Date"); and

     (c)  presented  in  this  quarterly   report  our  conclusions   about  the
          effectiveness  of the disclosure  controls and procedures based on our
          evaluation as of the Evaluation Date;

5.   The registrant's other certifying  officers and I have disclosed,  based on
     our most recent  evaluation,  to the  registrant's  auditors  and the audit
     committee of the registrant's board of directors (or persons performing the
     equivalent functions):

     (a)  all  significant  deficiencies  in the design or operation of internal
          controls  which could  adversely  affect the  registrant's  ability to
          record,  process,   summarize  and  report  financial  data  and  have
          identified for the  registrant's  auditors any material  weaknesses in
          internal controls; and

     (b)  any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          controls; and

6.   the  registrant's  other  certifying  officers and I have indicated in this
     quarterly  report  whether  there  were  significant  changes  in  internal
     controls  or in other  factors  that could  significantly  affect  internal
     controls  subsequent to the date of our most recent  evaluation,  including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

  Date: July 14, 2003                           /s/ John F. McCarthy, III
                                                --------------------------------
                                                Name:    John F. McCarthy, III
                                                Title:   Chairman and Secretary
                                                         (Principal
                                                         Executive Officer)

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<PAGE>



                                  CERTIFICATION
                    PURSUANT TO RULE 13a-14 AND 15d-14 UNDER
                 THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

I, Robert H. Donehew, certify that:

1.   I have reviewed this  quarterly  report on Form 10-QSB of Golf  Rounds.com,
     Inc.;

2.   based on my knowledge,  this  quarterly  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 quarterly report;

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

4.   the  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

     (a)  designed  such  disclosure  controls  and  procedures  to ensure  that
          material  information  relating  to  the  registrant,   including  its
          consolidated subsidiaries,  is made known to us by others within those
          entities,  particularly  during  the  period in which  this  quarterly
          report is being prepared;

     (b)  evaluated the  effectiveness of the registrant's  disclosure  controls
          and  procedures as of a date within 90 days of the filing date of this
          quarterly report (the "Evaluation Date"); and

     (c)  presented  in  this  quarterly   report  our  conclusions   about  the
          effectiveness  of the disclosure  controls and procedures based on our
          evaluation as of the Evaluation Date;

5.   The registrant's other certifying  officers and I have disclosed,  based on
     our most recent evaluation,  to the registrant's  auditors and to the audit
     committee of the registrant's board of directors (or persons performing the
     equivalent functions):

     (a)  all  significant  deficiencies  in the design or operation of internal
          controls  which could  adversely  affect the  registrant's  ability to
          record,  process,   summarize  and  report  financial  data  and  have
          identified for the  registrant's  auditors any material  weaknesses in
          internal controls; and

     (b)  any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          controls; and

6.   the  registrant's  other  certifying  officers and I have indicated in this
     quarterly  report  whether  there  were  significant  changes  in  internal
     controls  or in other  factors  that could  significantly  affect  internal
     controls  subsequent to the date of our most recent  evaluation,  including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.


  Date: July 14, 2003                       /s/ Robert H. Donehew
                                            ------------------------------------
                                            Name:  Robert H. Donehew
                                            Title: President and Treasurer
                                                   (Principal Financial Officer)




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