Document:

EXHIBIT  4.2

THIS  SECURITY  HAS  NOT  BEEN  REGISTERED  UNDER THE SECURITIES ACT OF 1933, AS
AMENDED  (THE  "SECURITIES  ACT"),  OR  THE SECURITIES LAWS OF ANY STATE, AND IS
BEING  OFFERED  AND  SOLD  PURSUANT  TO  AN  EXEMPTION  FROM  THE  REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT AND SUCH LAWS.  THIS SECURITY MAY NOT BE SOLD
OR  TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
SECURITIES  ACT  OR  PURSUANT  TO  AN  AVAILABLE EXEMPTION FROM THE REGISTRATION
REQUIREMENTS  OF  THE  SECURITIES  ACT  OR  SUCH  OTHER  LAWS.

                            7 % CONVERTIBLE DEBENTURE

COMPANY:  The  World  Golf  League,  Inc.
COMPANY  ADDRESS:  258  East  Altamonte  Drive,  Altamonte  Springs,  FL  32701
CLOSING  DATE:  June  4,  2004
MATURITY  DATE:  June  3,  2006
PRINCIPAL  AMOUNT:  $250,000
FIRST  PAYMENT  DUE  DATE:  August  15,  2004

     The  World  Golf League, Inc., a Delaware corporation, and any successor or
resulting  corporation  by way of merger, consolidation, sale or exchange of all
or  substantially  all  of  the  assets or otherwise  (the "COMPANY"), for value
received,  hereby  promises  to  pay  to the Holder (as such term is hereinafter
defined),  or such other Person (as such term is hereinafter defined) upon order
of  the  Holder,  on  the  Maturity  Date, the Principal Amount (as such term is
hereinafter  defined), as such sum may be adjusted pursuant to Article 3, and to
pay  interest thereon from the Closing Date, monthly in arrears, on the 15th day
of  each  month  (each  an  "INTEREST  PAYMENT  DUE  DATE" and collectively, the
"INTEREST  PAYMENT DUE DATES"), commencing on the First Payment Due Date, at the
rate of seven percent (7 %) per annum (the "DEBENTURE INTEREST RATE"), until the
Principal  Amount of this Debenture has been paid in full.  All interest payable
on  the Principal Amount of this Debenture shall be calculated on the basis of a
360-day year for the actual number of days elapsed.  Payment of interest on this
Debenture  shall be in cash or, at the option of the Holder, in shares of Common
Stock  of the Company valued at the then applicable Conversion Price (as defined
herein).  This  Debenture  may not be prepaid without the written consent of the
Holder.

                                   DEFINITIONS

     Definitions.  The  terms  defined  in  this  Article  whenever used in this
     -----------
Debenture  have  the  following  respective  meanings:

     "AFFILIATE"  has  the meaning ascribed to such term in Rule 12b-2 under the
Securities  Exchange  Act  of  1934,  as  amended.

<PAGE>

     "BANKRUPTCY  CODE"  means  the  United  States  Bankruptcy Code of 1986, as
amended  (11  U.S.C.  Sec.Sec.  101  et.  seq.).
                                     --   ---

     "BUSINESS  DAY" means a day other than Saturday, Sunday or any day on which
banks  located  in the State of California are authorized or obligated to close.

     "CAPITAL  SHARES"  means the Common Stock and any other shares of any other
class  or  series  of  capital  stock,  whether  now or hereafter authorized and
however  designated,  which have the right to participate in the distribution of
earnings  and  assets  (upon  dissolution,  liquidation  or  winding-up)  of the
Company.

     "COMMON  SHARES"  or  "COMMON  STOCK"  means shares of the Company's Common
Stock.

     "COMMON  STOCK  ISSUED  AT  CONVERSION",  when  used  with reference to the
securities  deliverable  upon  conversion  of  this  Debenture, means all Common
Shares  now or hereafter Outstanding and securities of any other class or series
into  which  this  Debenture  hereafter  shall have been changed or substituted,
whether  now  or  hereafter  created  and  however  designated.

     "CONVERSION"  or  "CONVERSION"  means  the  repayment by the Company of the
Principal  Amount  of  this  Debenture  (and, to the extent the Holder elects as
permitted  by  Section 3.1, accrued and unpaid interest thereon) by the delivery
of  Common  Stock  on  the  terms  provided  in  Section  3.2,  and  "CONVERT,"
"CONVERTED,"  "CONVERTIBLE"  and  like words shall have a corresponding meaning.

     "CONVERSION  DATE"  means  any  day  on  which  all  or  any portion of the
Principal  Amount  of  this  Debenture  is  converted  in  accordance  with  the
provisions  hereof.

     "CONVERSION  NOTICE"  means a written notice of conversion substantially in
the  form  annexed  hereto  as  Exhibit  A.
                                ----------

     "CONVERSION  PRICE" on any date of determination means the applicable price
for the conversion of this Debenture into Common Shares on such day as set forth
in  Section  3.1(a).

     "CURRENT MARKET PRICE" on any date of determination means the closing price
of  a  Common  Share  on  such  day  as  reported  on the NASDAQ OTCBB Exchange;
provided that, if  such  security  is  not  listed or admitted to trading on the
NASDAQ  OTCBB,  as  reported  on  the  principal  national  security exchange or
quotation  system  on  which  such  security  is quoted or listed or admitted to
trading,  or,  if  not  quoted  or listed or admitted to trading on any national
securities  exchange or quotation system, the closing bid price of such security
on  the  over-the-counter market on the day in question as reported by Bloomberg
LP  or  a  similar  generally  accepted  reporting  service, as the case may be.

     "DEADLINE"  means  the  date  that  is  the 90th day from the Closing Date.

<PAGE>

     "DEBENTURE" or "DEBENTURES" means this Convertible Debenture of the Company
or such other convertible debenture(s) exchanged therefor as provided in Section
2.1.

     "DISCOUNT  MULTIPLIER"  has  the  meaning  set  forth  in  Section  3.1(a).

     "EVENT  OF  DEFAULT"  has  the  meaning  set  forth  in  Section  6.1.

     "HOLDER"  means  Golden Gate Investors, Inc., any successor thereto, or any
Person to whom this Debenture is subsequently transferred in accordance with the
provisions  hereof.

     "INTEREST  PAYMENT  DUE  DATE"  has  the  meaning  set forth in the opening
paragraph  of  this  Debenture.

     "MARKET  DISRUPTION  EVENT"  means  any  event  that  results in a material
suspension  or  limitation  of  trading  of  the  Common  Shares.

     "MARKET PRICE" per Common Share means the lowest price of the Common Shares
during  any  Trading Day as reported on the NASDAQ OTCBB; provided that, if such
                                                          --------
security  is  not listed or admitted to trading on the NASDAQ OTCBB, as reported
on  the  principal  national security exchange or quotation system on which such
security is quoted or listed or admitted to trading, or, if not quoted or listed
or  admitted to trading on any national securities exchange or quotation system,
the  lowest  price  of  the  Common  Shares  during  any  Trading  Day  on  the
over-the-counter  market  as  reported  by  Bloomberg  LP or a similar generally
accepted  reporting  service,  as  the  case  may  be.

     "MAXIMUM  RATE"  has  the  meaning  set  forth  in  Section  6.4.

     "OUTSTANDING"  when  used with reference to Common Shares or Capital Shares
(collectively,  "SHARES")  means,  on  any date of determination, all issued and
outstanding  Shares,  and  includes  all  such  Shares  issuable  in  respect of
outstanding  scrip or any certificates representing fractional interests in such
Shares;  provided, however, that any such Shares directly or indirectly owned or
         --------  -------
held by or for the account of the Company or any Subsidiary of the Company shall
not  be  deemed  "OUTSTANDING"  for  purposes  hereof.

     "PERSON" means an individual, a corporation, a partnership, an association,
a limited liability company, an unincorporated business organization, a trust or
other entity or organization, and any government or political subdivision or any
agency  or  instrumentality  thereof.

     "PRINCIPAL  AMOUNT"  means,  for any date of calculation, the principal sum
set  forth  in  the  first  paragraph of this Debenture (but only such principal
amount  as  to  which  the  Holder  has  (a)  actually  advanced pursuant to the
Securities  Purchase  Agreement,  and (b) not theretofore furnished a Conversion
Notice  in  compliance  with  Section  3.2).

     "REGISTRATION  RIGHTS  AGREEMENT"  means  that  certain Registration Rights
Agreement  of  even  date herewith by and between the Company and Holder, as the
same  may  be  amended  from  time  to  time.

<PAGE>

     "SEC"  means  the  United  States  Securities  and  Exchange  Commission.

     "SECURITIES  ACT"  means  the  Securities  Act of 1933, as amended, and the
rules  and  regulations  of  the  SEC  thereunder, all as in effect at the time.

     "SECURITIES  PURCHASE  AGREEMENT"  means  that  certain Securities Purchase
Agreement of even date herewith by and among the Company and Holder, as the same
may  be  amended  from  time  to  time.

     "SUBSIDIARY"  means  any  entity  of  which  securities  or other ownership
interests  having  ordinary  voting  power  to  elect a majority of the board of
directors  or  other  persons performing similar functions are owned directly or
indirectly  by  the  Company.

     "TRADING  DAY" means any day on which (i) purchases and sales of securities
on  the  principal  national  security exchange or quotation system on which the
Common  Shares  are  traded are reported thereon, or, if not quoted or listed or
admitted  to trading on any national securities exchange or quotation system, as
reported  by  Bloomberg LP or a similar generally accepted reporting service, as
the  case  may  be,  (ii)  at  least one bid for the trading of Common Shares is
reported  and  (iii)  no  Market  Disruption  Event  occurs.

     All  references to "cash" or "$" herein means currency of the United States
of  America.

                        EXCHANGES, TRANSFER AND REPAYMENT

     Registration  of  Transfer  of  Debentures.  This Debenture, when presented
     --------------------------------------
for  registration  of  transfer,  shall  (if so required by the Company) be duly
endorsed,  or  be  accompanied  by  a  written  instrument  of  transfer in form
reasonably  satisfactory  to  the  Company  duly  executed,  by  the Holder duly
authorized  in  writing.

     Loss,  Theft,  Destruction  of  Debenture.  Upon  receipt  of  evidence
     -----------------------------------------
satisfactory  to  the  Company  of the loss, theft, destruction or mutilation of
this  Debenture  and,  in  the case of any such loss, theft or destruction, upon
receipt  of indemnity or security reasonably satisfactory to the Company, or, in
the  case  of  any  such  mutilation,  upon  surrender  and cancellation of this
Debenture,  the  Company  shall  make,  issue and deliver, in lieu of such lost,
stolen,  destroyed  or  mutilated  Debenture,  a new Debenture of like tenor and
unpaid Principal Amount dated as of the date hereof (which shall accrue interest
from  the most recent Interest Payment Due Date on which an interest payment was
made  in  full).  This  Debenture  shall  be  held  and  owned  upon the express
condition  that the provisions of this Section 2.2 are exclusive with respect to
the  replacement  of  a mutilated, destroyed, lost or stolen Debenture and shall
preclude  any  and  all  other  rights  and  remedies notwithstanding any law or
statute  existing  or  hereafter  enacted  to  the  contrary with respect to the
replacement  of negotiable instruments or other securities without the surrender
thereof.

     Who  Deemed  Absolute Owner.  The Company may deem the Person in whose name
     ---------------------------
this Debenture shall be registered upon the registry books of the Company to be,
and  may  treat it as, the absolute owner of this Debenture (whether or not this
Debenture  shall  be  overdue)  for  the  purpose  of receiving payment of or on
account  of  the  Principal Amount of this Debenture, for the conversion of this
Debenture  and  for all other purposes, and the Company shall not be affected by
any  notice  to  the  contrary.  All such payments and such conversions shall be
valid  and  effectual to satisfy and discharge the liability upon this Debenture
to  the  extent  of  the sum or sums so paid or the conversion or conversions so
made.

<PAGE>

     Repayment  at  Maturity.  At the Maturity Date, the Company shall repay the
     -----------------------
outstanding  Principal  Amount of this Debenture in whole in cash, together with
all  accrued  and  unpaid  interest  thereon,  in  cash,  to  the Maturity Date.

                             CONVERSION OF DEBENTURE

     Conversion;  Conversion  Price;  Valuation  Event.
     -------------------------------------------------

     (a) At the option of the Holder, this Debenture may be converted, either in
whole  or  in  part,  up  to  the full Principal Amount hereof (in increments of
$1,000  in  Principal  Amount)  into  Common  Shares (calculated as to each such
conversion to the nearest 1/100th of a share), at any time and from time to time
on  any  Business  Day,  subject  to  compliance with Section 3.2. The number of
Common  Shares into which this Debenture may be converted is equal to the dollar
amount  of the Debenture being converted multiplied by eleven, minus the product
of  the  Conversion  Price  multiplied  by  ten  times  the dollar amount of the
Debenture  being  converted, and the entire foregoing result shall be divided by
the  Conversion  Price.  In addition, the Company shall pay to the Holder on the
Conversion Date, in cash, any accrued and unpaid interest on the Debenture being
converted  not  included  at  the  option  of  the  Holder  in clause (i) of the
immediately  preceding  sentence.  The  "CONVERSION PRICE" shall be equal to the
lesser of (i) $0.25, or (ii) eighty percent (80%) of the average of the 5 lowest
Volume  Weighted  Average  Prices  during  the twenty (20) Trading Days prior to
Holder's  election  to  convert (a "DISCOUNT MULTIPLIER"); provided, that in the
                                                           --------
event  the  Registration Statement has not been declared effective by the SEC by
the  Deadline  or,  if  the Registration Statement has theretofore been declared
effective  but  is  not  thereafter  effective,  then  the  applicable  Discount
Multiplier  shall  decrease  by  three  percentage points (3%) for each month or
partial  month  occurring  after the Deadline that the Registration Statement is
not  effective.

Beginning  in  the first full calendar month after the Registration Statement is
declared effective, Holder shall convert at least 5%, but no more than 15% (such
15% maximum amount to be cumulative from the Deadline), of the face value of the
Debenture  per  calendar  month into Common Shares of the Company, provided that
the  Common  Shares  are  available,  registered  and freely tradable. If Holder
converts  more than 5% of the face value of the Debenture in any calendar month,
the excess over 5% shall be credited against the next month's minimum conversion
amount.  The  15%  monthly maximum amount shall not be applicable if the Current
Market  Price  of  the  Common  Stock  at anytime during the applicable month is
higher than the Current Market Price of the Common Stock on the Closing Date. In
the event Holder does not convert at least 5% of the Debenture in any particular
calendar  month,  Holder  shall  not  be  entitled  to  collect  interest on the
Debenture  for that month if the Company gives Holder written notice, at least 5
business  days prior to the end of the month, of Holder's failure to convert the
minimum  required  amount  for  that  month.
If  the Holder elects to convert a portion of the Debenture and, on the day that
the  election  is  made,  the Volume Weighted Average Price is below $0.012, the
Company shall have the right to prepay that portion of the Debenture that Holder
elected  to  convert,  plus  any  accrued  and  unpaid interest, at 150% of such
amount.  In  the  event  that  the  Company elects to prepay that portion of the
Debenture, Holder shall have the right to withdraw its Conversion Notice. If, at
anytime  during  the  month,  the Volume Weighted Average Price is below $0.012,
Holder  shall  not  be  obligated to convert any portion of the Debenture during
that  month.

<PAGE>

     (b)  Notwithstanding  the  provisions  of  Section 3.1(a), in the event the
Company's Registration Statement has not been declared effective by the Deadline
or, if the Registration Statement has theretofore been declared effective but is
not  thereafter  effective,  the  following  will  also apply in addition to any
damages  incurred  by  the  Holder  as  a  result  thereof:

          (i)  The  Holder may demand repayment of one hundred and fifty percent
     (150%)  of the Principal Amount of the Debenture, together with all accrued
     and  unpaid  interest  thereon, in cash, at any time prior to the Company's
     Registration  Statement  being  declared effective by the SEC or during the
     period  that  the  Company's  Registration Statement is not effective, such
     repayment  to be made within three (3) business days of such demand. In the
     event that the Debenture is so accelerated, in addition to the repayment of
     one  hundred and fifty percent (150%) of the Principal Amount together with
     accrued interest as aforesaid, the Company shall immediately issue and pay,
     as the case may be, to the Holder 50,000 Shares of Common Stock and $15,000
     for  each  sixty  (60)  day  period,  or  portion thereof, during which the
     Principal  Amount,  including  interest  thereon,  remains unpaid, with the
     payment  amount  to  increase to $20,000 for each sixty (60) day period, or
     portion  thereof,  after  the  first  sixty  (60)  day  period;

          (ii)  If  the  Holder  does not elect to accelerate the Debenture, the
     Company  shall  immediately  issue  or  pay,  as the case may be, to Holder
     50,000  Shares  of Common Stock and $15,000 for each sixty (60) day period,
     or  portion thereof, that the Registration Statement is not effective, with
     the  payment  amount to increase to $20,000 for each sixty (60) day period,
     or  portion  thereof,  after  the  first  sixty  (60)  day  period.

          (iii)  If  the SEC indicates that the Company's Registration Statement
     will  be  declared  effective  upon request by the Company, and the Company
     does  not,  within  3 business days of the SEC indication, request that the
     Registration  Statement  become  effective,  the  amounts  set  forth  in
     subsections  (ii)  and  (iii)  above  shall  double.

     Exercise  of  Conversion  Privilege.  (a)  Conversion  of  this  Debenture
     -----------------------------------
may  be  exercised  on any Business Day by the Holder by telecopying an executed
and completed Conversion Notice to the Company.  Each date on which a Conversion
Notice  is  telecopied  to the Company in accordance with the provisions of this
Section  3.2 shall constitute a Conversion Date.  The Company shall convert this
Debenture and issue the Common Stock Issued at Conversion in the manner provided
below  in  this Section 3.2, and all voting and other rights associated with the
beneficial  ownership  of  the Common Stock Issued at Conversion shall vest with
the  Holder,  effective  as  of the Conversion Date at the time specified in the
Conversion  Notice.  The  Conversion  Notice  also shall state the name or names
(with  addresses)  of  the  persons  who are to become the holders of the Common
Stock  Issued  at  Conversion in connection with such conversion. As promptly as
practicable  after the receipt of the Conversion Notice as aforesaid, but in any
event  not more than three (3) Business Days after the Company's receipt of such
Conversion  Notice,  the  Company  shall  (i)  issue  the Common Stock Issued at
Conversion in accordance with the provisions of this Article 3 and (ii) cause to
be  mailed  for  delivery  by  overnight courier, or if a Registration Statement
covering  the  Common  Stock  has been declared effective by the SEC cause to be
electronically  transferred,  to  Holder  (x)  a  certificate  or certificate(s)
representing  the  number  of  Common  Shares to which the Holder is entitled by
virtue  of  such conversion, (y) cash, as provided in Section 3.3, in respect of
any  fraction of a Common Share deliverable upon such conversion and (z) cash or
shares  of  Common  Stock, as applicable, representing the amount of accrued and
unpaid  interest  on  this Debenture as of the Conversion Date.  Such conversion
shall be deemed to have been effected at the time at which the Conversion Notice
indicates,  and at such time the rights of the Holder of this Debenture, as such
(except  if  and  to  the  extent  that  any  Principal  Amount  thereof remains
unconverted),  shall cease and the Person and Persons in whose name or names the
Common  Stock  Issued  at  Conversion  shall be issuable shall be deemed to have
become the holder or holders of record of the Common Shares represented thereby,
and all voting and other rights associated with the beneficial ownership of such
Common  Shares  shall  at  such  time  vest  with  such  Person or Persons.  The
Conversion  Notice  shall  constitute  a  contract  between  the  Holder and the
Company,  whereby  the  Holder  shall  be  deemed to subscribe for the number of
Common  Shares which it will be entitled to receive upon such conversion and, in
payment  and  satisfaction  of such subscription (and for any cash adjustment to
which  it  is entitled pursuant to Section 3.4), to surrender this Debenture and
to  release  the Company from all liability thereon (except if and to the extent
that  any  Principal  Amount  thereof  remains  unconverted).  No  cash  payment
aggregating  less  than  $1.00 shall be required to be given unless specifically
requested  by  the  Holder.

<PAGE>

     If,  at  any  time  after  the  date  of  this  Debenture,  (i) the Company
challenges,  disputes  or  denies  the  right of the Holder hereof to effect the
conversion  of  this  Debenture  into  Common  Shares  or otherwise dishonors or
rejects  any  Conversion Notice delivered in accordance with this Section 3.2 or
(ii)  any  third  party who is not and has never been an Affiliate of the Holder
commences  any lawsuit or legal proceeding or otherwise asserts any claim before
any  court  or  public or governmental authority which seeks to challenge, deny,
enjoin, limit, modify, delay or dispute the right of the Holder hereof to effect
the  conversion of this Debenture into Common Shares, then the Holder shall have
the  right, by written notice to the Company, to require the Company to promptly
redeem  this Debenture for cash at one hundred and fifty (150%) of the Principal
Amount  thereof,  together  with  all accrued and unpaid interest thereon to the
date of redemption.  Under any of the circumstances set forth above, the Company
shall  be  responsible  for the payment of all costs and expenses of the Holder,
including  reasonable legal fees and expenses, as and when incurred in defending
itself  in  any such action or pursuing its rights hereunder (in addition to any
other  rights  of  the  Holder).

     The  Holder  shall  be  entitled  to  exercise  its  conversion  privilege
notwithstanding  the  commencement of any case under the Bankruptcy Code. In the
event  the  Company  is  a  debtor under the Bankruptcy Code, the Company hereby
waives to the fullest extent permitted any rights to relief it may have under 11
U.S.C.  Sec.  362  in  respect of the Holder's conversion privilege. The Company
hereby  waives  to the fullest extent permitted any rights to relief it may have
under  11  U.S.C.  Sec.  362 in respect of the conversion of this Debenture. The
Company agrees, without cost or expense to the Holder, to take or consent to any
and  all  action  necessary  to  effectuate  relief  under  11  U.S.C. Sec. 362.

<PAGE>

     Fractional  Shares.  No  fractional  Common  Shares  or  scrip representing
     ------------------
fractional  Common  Shares shall be delivered upon conversion of this Debenture.
Instead  of any fractional Common Shares which otherwise would be delivered upon
conversion of this Debenture, the Company shall pay a cash adjustment in respect
of  such  fraction  in  an  amount  equal to the same fraction multiplied by the
Current Market Price on the Conversion Date.  No cash payment of less than $1.00
shall  be  required  to  be  given  unless specifically requested by the Holder.

     Adjustments.  The  Conversion  Price  and  the number of shares deliverable
     -----------
upon conversion of this Debenture are subject to adjustment from time to time as
follows:

     Reclassification,  Etc.  In  case  the  Company  shall  reorganize  its
     ----------------------
capital, reclassify its capital stock, consolidate or merge with or into another
Person  (where  the Company is not the survivor or where there is a change in or
distribution  with  respect  to  the Common Stock of the Company), sell, convey,
transfer  or  otherwise dispose of all or substantially all its property, assets
or  business to another Person, or effectuate a transaction or series of related
transactions  in  which more than fifty percent (50%) of the voting power of the
Company is disposed of (each, a "FUNDAMENTAL CORPORATE CHANGE") and, pursuant to
the  terms  of  such Fundamental Corporate Change, shares of common stock of the
successor  or  acquiring  corporation,  or  any  cash,  shares of stock or other
securities  or  property  of  any nature whatsoever (including warrants or other
subscription  or  purchase  rights) in addition to or in lieu of common stock of
the  successor or acquiring corporation ("OTHER PROPERTY") are to be received by
or distributed to the holders of Common Stock of the Company, then the Holder of
this  Debenture  shall  have  the  right  thereafter, at its sole option, to (x)
require  the  Company to prepay this Debenture for cash at one hundred and fifty
percent  (150%)  of  the Principal Amount thereof, together with all accrued and
unpaid  interest  thereon  to  the date of prepayment, (y) receive the number of
shares  of  common  stock  of  the  successor or acquiring corporation or of the
Company, if it is the surviving corporation, and Other Property as is receivable
upon  or  as  a  result  of such Fundamental Corporate Change by a holder of the
number  of  shares  of  Common  Stock into which the outstanding portion of this
Debenture  may be converted at the Conversion Price applicable immediately prior
to  such  Fundamental  Corporate  Change  or  (z)  require  the Company, or such
successor,  resulting or purchasing corporation, as the case may be, to, without
benefit  of  any  additional  consideration therefor, execute and deliver to the
Holder  a  debenture  with  substantial  identical  rights,  privileges, powers,
restrictions  and other terms as this Debenture in an amount equal to the amount
outstanding under this Debenture immediately prior to such Fundamental Corporate
Change.  For  purposes  hereof,  "COMMON  STOCK  OF  THE  SUCCESSOR OR ACQUIRING
CORPORATION"  shall  include stock of such corporation of any class which is not
preferred  as  to  dividends  or  assets  over  any other class of stock of such
corporation  and  which  is not subject to prepayment and shall also include any
evidences  of  indebtedness,  shares  of  stock  or  other  securities which are
convertible  into or exchangeable for any such stock, either immediately or upon
the  arrival  of  a specified date or the happening of a specified event and any
warrants  or  other  rights  to  subscribe  for or purchase any such stock.  The
foregoing  provisions  shall similarly apply to successive Fundamental Corporate
Changes.

<PAGE>

     Certain  Conversion  Limits.
     ---------------------------

     Notwithstanding anything herein to the contrary, if and to the extent that,
on  any  date,  the  holding by the Holder of this Debenture would result in the
Holder's  being  deemed  the  beneficial  owner  of  more than 4.99% of the then
Outstanding  shares  of  Common Stock, then the Holder shall not have the right,
and  the  Company  shall not have the obligation, to convert any portion of this
Debenture  as  shall cause such Holder to be deemed the beneficial owner of more
than  4.99%  of  the  then  Outstanding shares of Common Stock.  If any court of
competent  jurisdiction  shall  determine  that  the  foregoing  limitation  is
ineffective  to  prevent a Holder from being deemed the beneficial owner of more
than  4.99%  of  the  then  Outstanding shares of Common Stock, then the Company
shall prepay such portion of this Debenture as shall cause such Holder not to be
deemed the beneficial owner of more than 4.99% of the then Outstanding shares of
Common Stock.  Upon such determination by a court of competent jurisdiction, the
Holder  shall have no interest in or rights under such portion of the Debenture.
Any and all interest paid on or prior to the date of such determination shall be
deemed  interest  paid  on  the  remaining portion of this Debenture held by the
Holder.  Such  prepayment shall be for cash at a prepayment price of one hundred
and  fifty  percent  (150%)  of  the Principal Amount thereof, together with all
accrued  and  unpaid  interest  thereon  to  the  date  of  prepayment.

     Surrender  of  Debentures.  Upon  any  redemption  of  this  Debenture
     -------------------------
pursuant  to Sections 3.2, 3.5 or 6.2, or upon maturity pursuant to Section 2.4,
the  Holder  shall  either  deliver this Debenture by hand to the Company at its
principal executive offices or surrender the same to the Company at such address
by  nationally recognized overnight courier.  Payment of the redemption price or
the  amount  due  on  maturity  specified  in  Section 2.4, shall be made by the
Company  to  the  Holder  against receipt of this Debenture (as provided in this
Section  3.5) by wire transfer of immediately available funds to such account(s)
as  the  Holder  shall  specify by written notice to the Company.  If payment of
such  redemption price is not made in full by the redemption date, or the amount
due on maturity is not paid in full by the Maturity Date, the Holder shall again
have  the  right to convert this Debenture as provided in Article 3 hereof or to
declare  an  Event  of  Default.

                        STATUS; RESTRICTIONS ON TRANSFER

     Status  of  Debenture.  This  Debenture  constitutes  a  legal,  valid  and
     ---------------------
binding  obligation  of  the  Company,  enforceable in accordance with its terms
subject, as to enforceability, to general principles of equity and to principles
of  bankruptcy,  insolvency,  reorganization  and  other similar laws of general
applicability relating to or affecting creditors' rights and remedies generally.

     Restrictions  on  Transfer.  This  Debenture,  and  any  Common  Shares
     --------------------------
deliverable  upon  the  conversion  hereof,  have  not been registered under the
Securities  Act.  The  Holder  by  accepting  this  Debenture  agrees  that this
Debenture  and the shares of Common Stock to be acquired as interest on and upon
conversion of this Debenture may not be assigned or otherwise transferred unless
and  until  (i)  the  Company has received the opinion of counsel for the Holder
that  this  Debenture  or  such shares may be sold pursuant to an exemption from
registration  under the Securities Act or (ii) a registration statement relating
to  this  Debenture  or  such  shares has been filed by the Company and declared
effective  by  the  SEC.

<PAGE>

     Each  certificate  for  shares  of Common Stock deliverable hereunder shall
bear  a  legend  as  follows  unless  and  until  such securities have been sold
pursuant  to  an  effective  registration  statement  under  the Securities Act:

          "The  securities  represented  by  this  certificate  have  not  been
          registered  under  the  Securities  Act  of  1933,  as  amended  (the
          "Securities Act"). The securities may not be offered for sale, sold or
          otherwise transferred except (i) pursuant to an effective registration
          statement  under  the  Securities Act or (ii) pursuant to an exemption
          from  registration  under  the  Securities Act in respect of which the
          issuer  of  this  certificate  has  received  an  opinion  of  counsel
          satisfactory  to the issuer of this certificate to such effect. Copies
          of  the  agreement  covering  both  the purchase of the securities and
          restrictions  on  their transfer may be obtained at no cost by written
          request  made  by  the  holder  of  record  of this certificate to the
          Secretary of the issuer of this certificate at the principal executive
          offices  of  the  issuer  of  this  certificate."

                                    COVENANTS

     Conversion.  The  Company  shall  cause  the  transfer  agent,  not  later
     ----------
than three (3) Business Days after the Company's receipt of a Conversion Notice,
to  issue  and deliver to the Holder the requisite shares of Common Stock Issued
at  Conversion.  Such delivery shall be by electronic transfer if a Registration
Statement  covering  the  Common  Stock  has been declared effective by the SEC.

     Notice  of  Default.  If  any  one or more events occur which constitute or
     -------------------
which,  with  notice,  lapse  of  time,  or  both,  would constitute an Event of
Default,  the  Company shall forthwith give notice to the Holder, specifying the
nature  and  status  of the Event of Default or such other event(s), as the case
may  be.

     Payment  of  Obligations.  So  long as this Debenture shall be outstanding,
     ------------------------
the  Company  shall  pay,  extend,  or  discharge at or before maturity, all its
respective  material obligations and liabilities, including, without limitation,
tax  liabilities,  except  where  the  same  may  be  contested in good faith by
appropriate  proceedings.

     Compliance  with Laws.  So long as this Debenture shall be outstanding, the
     ---------------------
Company  shall  comply  with all applicable laws, ordinances, rules, regulations
and  requirements  of  governmental  authorities,  except for such noncompliance
which  would  not  have  a  material adverse effect on the business, properties,
prospects,  condition  (financial  or otherwise) or results of operations of the
Company  and  the  Subsidiaries.

     Inspection of Property, Books and Records.  So long as this Debenture shall
     -----------------------------------------
be  outstanding,  the  Company  shall keep proper books of record and account in
which  full, true and correct entries shall be made of all material dealings and
transactions  in  relation  to  its  business  and  activities  and shall permit
representatives  of  the Holder at the Holder's expense to visit and inspect any
of  its  respective  properties,  to  examine and make abstracts from any of its
respective books and records, not reasonably deemed confidential by the Company,
and to discuss its respective affairs, finances and accounts with its respective
officers and independent public accountants, all at such reasonable times and as
often  as  may  reasonably  be  desired.

<PAGE>

     SECTION 5.6     Right of First Refusal on Other Financing.     In the event
                     -----------------------------------------
that  the  Company  obtains  any  other  financing  (either  debt,  equity, or a
combination thereof) which is to close during the term of this Debenture, Holder
shall  be  entitled  to  a  right  of first refusal to enable it to, at Holder's
option,  either:  (i)  match  the  terms  of  the  other  financing, or (ii) add
additional  principal  to this Debenture, in the amount of such other financing,
on the same terms and conditions as this Debenture. The Company shall deliver to
Holder, at least 10 days prior to the proposed closing date of such transaction,
written  notice  describing  the  proposed  transaction, including the terms and
conditions  thereof,  and  providing  Holder  an option during the 10 day period
following  delivery of such notice to either provide the financing being offered
in such transaction on the same terms as contemplated by such transaction, or to
add  additional  principal  to  this  Debenture,  in  the  amount  of such other
financing,  on  the  same  terms  and  conditions  as  this  Debenture.

                           EVENTS OF DEFAULT; REMEDIES

     Events  of  Default.  "EVENT  OF  DEFAULT"  wherever  used herein means any
     ------------------
one  of  the  following  events:

     the  Company  shall  default  in the payment of principal of or interest on
this Debenture as and when the same shall be due and payable and, in the case of
an  interest  payment default, such default shall continue for five (5) Business
Days  after the date such interest payment was due, or the Company shall fail to
perform  or  observe any other covenant, agreement, term, provision, undertaking
or  commitment  under this Debenture, the Conversion Warrants (as defined in the
Securities  Purchase  Agreement),  the  Securities  Purchase  Agreement  or  the
Registration  Rights  Agreement  and such default shall continue for a period of
ten  (10) Business Days after the delivery to the Company of written notice that
the  Company  is  in  default  hereunder  or  thereunder;

     any of the representations or warranties made by the Company herein, in the
Securities  Purchase  Agreement,  the  Registration  Rights  Agreement or in any
certificate  or  financial  or  other written statements heretofore or hereafter
furnished  by  or  on behalf of the Company in connection with the execution and
delivery  of  this Debenture, the Warrants, the Securities Purchase Agreement or
the  Registration  Rights  Agreement  shall be false or misleading in a material
respect  on  the  Closing  Date;

     under  the  laws  of any jurisdiction not otherwise covered by clauses (iv)
and  (v) below, the Company or any Subsidiary (A) becomes insolvent or generally
not  able  to  pay  its  debts  as  they  become  due, (B) admits in writing its
inability  to  pay  its  debts  generally  or makes a general assignment for the
benefit of creditors, (C) institutes or has instituted against it any proceeding
seeking  (x)  to  adjudicate  it  a  bankrupt  or  insolvent,  (y)  liquidation,
winding-up,  reorganization,  arrangement,  adjustment,  protection,  relief  or
composition of it or its debts under any law relating to bankruptcy, insolvency,
reorganization  or  relief  of  debtors  including  any  plan  of  compromise or
arrangement  or  other corporate proceeding involving or affecting its creditors
or  (z)  the  entry  of  an  order  for relief or the appointment of a receiver,
trustee  or  other  similar  person  for  it  or for any substantial part of its
properties  and  assets,  and  in  the  case  of  any  such  official proceeding
instituted  against it (but not instituted by it), either the proceeding remains
undismissed  or unstayed for a period of sixty (60) calendar days, or any of the
actions  sought  in  such proceeding (including the entry of an order for relief
against it or the appointment of a receiver, trustee, custodian or other similar
official for it or for any substantial part of its properties and assets) occurs
or  (D)  takes  any  corporate  action  to  authorize  any of the above actions;

<PAGE>

     the  entry  of  a  decree  or  order  by a court having jurisdiction in the
premises  adjudging  the  Company  or any Subsidiary a bankrupt or insolvent, or
approving  as  properly  filed  a  petition seeking reorganization, arrangement,
adjustment  or  composition of or in respect of the Company under the Bankruptcy
Code  or  any  other  applicable Federal or state law, or appointing a receiver,
liquidator, assignee, trustee or sequestrator (or other similar official) of the
Company  or  of any substantial part of its property, or ordering the winding-up
or  liquidation  of  its  affairs, and any such decree or order continues and is
unstayed  and  in  effect  for  a  period  of  sixty  (60)  calendar  days;

     the  institution  by  the  Company  or  any Subsidiary of proceedings to be
adjudicated  a bankrupt or insolvent, or the consent by it to the institution of
bankruptcy  or  insolvency  proceedings  against  it,  or  the filing by it of a
petition  or  answer  or  consent  seeking  reorganization  or  relief under the
Bankruptcy  Code or any other applicable federal or state law, or the consent by
it  to  the  filing  of  any  such petition or to the appointment of a receiver,
liquidator, assignee, trustee or sequestrator (or other similar official) of the
Company  or  of  any substantial part of its property, or the making by it of an
assignment  for  the  benefit of creditors, or the admission by it in writing of
its  inability  to  pay  its debts generally as and when they become due, or the
taking  of  corporate  action  by the Company in furtherance of any such action;

     a  final  judgment  or  final judgments for the payment of money shall have
been  entered  by  any  court  or  courts  of competent jurisdiction against the
Company  and  remains undischarged for a period (during which execution shall be
effectively  stayed)  of thirty (30) days, provided that the aggregate amount of
                                           --------
all  such  judgments  at  any  time outstanding (to the extent not paid or to be
paid, as evidenced by a written communication to that effect from the applicable
insurer,  by  insurance)  exceeds  One  Hundred  Thousand  Dollars  ($100,000);

     it  becomes  unlawful  for  the  Company  to  perform  or  comply  with its
obligations  under  this  Debenture,  the  Conversion  Warrant,  the  Securities
Purchase  Agreement  or  the  Registration  Rights  Agreement  in  any  respect;

     the  Common  Shares  shall  be delisted from the NASDAQ OTCBB (the "TRADING
MARKET"  or, to the extent the Company becomes eligible to list its Common Stock
on  any  other  national  security  exchange  or quotation system, upon official
notice  of  listing on any such exchange or system, as the case may be, it shall
be  the  "TRADING  MARKET") or suspended from trading on the Trading Market, and
shall not be reinstated, relisted or such suspension lifted, as the case may be,
within  five  (5)  days  or;

<PAGE>

     the Company shall default (giving effect to any applicable grace period) in
the  payment  of principal or interest as and when the same shall become due and
payable,  under any indebtedness, individually or in the aggregate, of more than
One  Hundred  Thousand  Dollars  ($100,000);

     Acceleration  of  Maturity;  Rescission  and  Annulment.  If  an  Event  of
     -----------------------------------------------------
Default occurs and is continuing, then and in every such case the Holder may, by
a  notice  in  writing to the Company, rescind any outstanding Conversion Notice
and declare that all amounts owing or otherwise outstanding under this Debenture
are  immediately  due  and  payable and upon any such declaration this Debenture
shall  become  immediately due and payable in cash at a price of one hundred and
fifty  percent (150%) of the Principal Amount thereof, together with all accrued
and  unpaid  interest  thereon to the date of payment; provided, however, in the
                                                       --------  -------
case  of  any Event of Default described in clauses (iii), (iv), (v) or (vii) of
Section  6.1, such amount automatically shall become immediately due and payable
without  the  necessity  of  any  notice  or  declaration  as  aforesaid.

     Late  Payment  Penalty.  If  any portion of the principal of or interest on
     ----------------------
this  Debenture  shall  not  be paid within ten (10) days of when it is due, the
Discount  Multiplier under this Debenture, and under all warrants granted by the
Company  to  the  Holder,  shall  decrease  by one percentage point (1%) for all
conversions  of  this  Debenture  and  warrant  exercises  thereafter.

     Maximum Interest Rate.     Notwithstanding anything herein to the contrary,
     ----------------------
if  at any time the applicable interest rate as provided for herein shall exceed
the  maximum lawful rate which may be contracted for, charged, taken or received
by  the  Holder  in accordance with any applicable law (the "MAXIMUM RATE"), the
rate  of  interest  applicable to this Debenture shall be limited to the Maximum
Rate.  To the greatest extent permitted under applicable law, the Company hereby
waives  and agrees not to allege or claim that any provisions of this Note could
give  rise  to  or result in any actual or potential violation of any applicable
usury  laws.

     Remedies  Not  Waived.  No  course  of  dealing between the Company and the
     ---------------------
Holder or any delay in exercising any rights hereunder shall operate as a waiver
by  the  Holder.

     SECTION  6.6     Remedies.     The Company acknowledges that a breach by it
                      --------
of  its  obligations  hereunder  will  cause  irreparable harm to the Holder, by
vitiating  the  intent  and  purpose  of  the  transaction  contemplated hereby.
Accordingly, the Company acknowledges that the remedy at law for a breach of its
obligations  under this Debenture will be inadequate and agrees, in the event of
a  breach  or  threatened  breach  by  the  Company  of  the  provisions of this
Debenture,  that the Holder shall be entitled to all other available remedies at
law  or  in  equity,  and  in addition to the penalties assessable herein, to an
injunction  or  injunctions restraining, preventing or curing any breach of this
Debenture  and to enforce specifically the terms and provisions thereof, without
the  necessity  of  showing economic loss and without any bond or other security
being  required.

<PAGE>

     SECTION  6.7     Payment  of  Certain  Amounts.     Whenever  pursuant  to
                      -----------------------------
this  Debenture  the  Company  is  required  to  pay  an amount in excess of the
Principal  Amount  plus  accrued and unpaid interest, the Company and the Holder
agree  that the actual damages to the Holder from the receipt of cash payment on
this Debenture may be difficult to determine and the amount to be so paid by the
Company  represents  stipulated  damages  and  not  a penalty and is intended to
compensate  the  Holder  in  part  for  loss  of the opportunity to convert this
Debenture  and to earn a return from the sale of shares of Common Stock acquired
upon  conversion  of  this Debenture at a price in excess of that price paid for
such  shares pursuant to this Debenture. The Company and the Holder hereby agree
that  such  amount of stipulated damages is not disproportionate to the possible
loss to the Holder from the receipt of a cash payment without the opportunity to
convert  this  Debenture  into  shares  of  Common  Stock.

                                  MISCELLANEOUS

     Notice  of  Certain  Events.  In  the  case  of the occurrence of any event
     -------------------------
described in Section 3.4 of this Debenture, the Company shall cause to be mailed
to  the  Holder  of  this  Debenture  at  its  last address as it appears in the
Company's  security  registry, at least twenty (20) days prior to the applicable
record,  effective  or expiration date hereinafter specified (or, if such twenty
(20)  days'  notice  is not possible, at the earliest possible date prior to any
such  record,  effective  or  expiration  date), a notice thereof, including, if
applicable, a statement of (y) the date on which a record is to be taken for the
purpose  of such dividend, distribution, issuance or granting of rights, options
or warrants, or if a record is not to be taken, the date as of which the holders
of  record  of  Common  Stock  to  be  entitled  to such dividend, distribution,
issuance  or granting of rights, options or warrants are to be determined or (z)
the  date on which such reclassification, consolidation, merger, sale, transfer,
dissolution,  liquidation or winding-up is expected to become effective, and the
date  as  of which it is expected that holders of record of Common Stock will be
entitled  to  exchange  their  shares  for  securities,  cash  or other property
deliverable  upon  such  reclassification, consolidation, merger, sale transfer,
dissolution,  liquidation  or  winding-up.

     Register.  The  Company  shall  keep  at its principal office a register in
     --------
which  the  Company  shall provide for the registration of this Debenture.  Upon
any  transfer  of this Debenture in accordance with Articles 2 and 4 hereof, the
Company  shall  register  such  transfer  on  the  Debenture  register.

     Withholding.  To  the  extent  required  by applicable law, the Company may
     -----------
withhold  amounts  for  or  on  account  of any taxes imposed or levied by or on
behalf of any taxing authority in the United States having jurisdiction over the
Company  from  any  payments  made  pursuant  to  this  Debenture.

<PAGE>

     Transmittal  of  Notices.  Except  as may be otherwise provided herein, any
     ------------------------
notice  or other communication or delivery required or permitted hereunder shall
be  in  writing and shall be delivered personally, or sent by telecopier machine
or  by  a  nationally  recognized overnight courier service, and shall be deemed
given  when  so  delivered  personally,  or  by  telecopier machine or overnight
courier  service  as  follows:

(1)     if to the Company, to:

        The World Golf League, Inc.
        258 East Altamonte Drive
        Altamonte Springs, Florida 32701
        Telephone:     407-331-6272
        Facsimile:     407-331-6271

(2)     if to the Holder, to:

        Golden Gate Investors, Inc.
        7817 Herschel Avenue, Suite 200
        La Jolla, California 92037
        Telephone:     858-551-8789
        Facsimile:     858-551-8779

Each  of  the  Holder  or the Company may change the foregoing address by notice
given  pursuant  to  this  Section  7.4.

     Attorneys'  Fees.  Should  any  party  hereto  employ  an  attorney for the
     -----------------
purpose of enforcing or construing this Debenture, or any judgment based on this
Debenture, in any legal proceeding whatsoever, including insolvency, bankruptcy,
arbitration,  declaratory relief or other litigation, the prevailing party shall
be entitled to receive from the other party or parties thereto reimbursement for
all  reasonable  attorneys'  fees  and  all  reasonable costs, including but not
limited  to  service  of  process,  filing fees, court and court reporter costs,
investigative  costs,  expert  witness  fees, and the cost of any bonds, whether
taxable or not, and that such reimbursement shall be included in any judgment or
final  order  issued in that proceeding.  The "prevailing party" means the party
determined  by  the  court to most nearly prevail and not necessarily the one in
whose  favor  a  judgment  is  rendered.

     Governing  Law.  This  Debenture  shall  be  governed  by, and construed in
     --------------
accordance  with,  the laws of the State of California (without giving effect to
conflicts  of laws principles).  With respect to any suit, action or proceedings
relating  to  this  Debenture,  the Company irrevocably submits to the exclusive
jurisdiction  of  the courts of the State of California sitting in San Diego and
the  United  States  District  Court located in the City of San Diego and hereby
waives,  to  the  fullest extent permitted by applicable law, any claim that any
such  suit,  action  or  proceeding  has  been brought in an inconvenient forum.
Subject  to applicable law, the Company agrees that final judgment against it in
any  legal  action  or  proceeding  arising out of or relating to this Debenture
shall  be  conclusive  and  may  be enforced in any other jurisdiction within or
outside  the  United  States  by suit on the judgment, a certified copy of which
judgment  shall  be  conclusive  evidence  thereof  and  the  amount  of  its
indebtedness,  or  by  such  other  means  provided  by  law.

     SECTION  7.7     Waiver  of  Jury Trial. To the fullest extent permitted by
                      ----------------------
law,  each of the parties hereto hereby knowingly, voluntarily and intentionally
waives  its  respective  rights  to a jury trial of any claim or cause of action
based  upon  or  arising  out  of  this  Debenture  or any other document or any
dealings between them relating to the subject matter of this Debenture and other
documents.  Each  party  hereto  (i)  certifies that neither of their respective
representatives,  agents  or  attorneys has represented, expressly or otherwise,
that  such  party  would  not,  in  the event of litigation, seek to enforce the
foregoing  waivers  and (ii) acknowledges that it has been induced to enter into
this  Debenture  by,  among  other things, the mutual waivers and certifications
herein.

<PAGE>

     SECTION  7.8     Headings.  The  headings  of  the Articles and Sections of
                      --------
this Debenture are inserted for convenience only and do not constitute a part of
this  Debenture.

     SECTION 7.9 Payment Dates. Whenever any payment hereunder shall be due on a
                 -------------
day other than a Business Day, such payment shall be made on the next succeeding
Business  Day.

     SECTION 7.10 Binding Effect. Each Holder by accepting this Debenture agrees
                  --------------
to  be  bound  by  and  comply  with the terms and provisions of this Debenture.

     SECTION  7.11  No  Stockholder Rights. Except as otherwise provided herein,
                    -----------------------
this  Debenture  shall  not  entitle  the  Holder  to  any  of  the  rights of a
stockholder of the Company, including, without limitation, the right to vote, to
receive  dividends  and  other distributions, or to receive any notice of, or to
attend, meetings of stockholders or any other proceedings of the Company, unless
and  to  the extent converted into shares of Common Stock in accordance with the
terms  hereof.

     SECTION  7.12  Facsimile  Execution.  Facsimile  execution  shall  be
                    --------------------
deemed  originals.

     IN  WITNESS  WHEREOF, the Company has caused this Debenture to be signed by
its  duly  authorized  officer  on  the  date  of this Debenture.

                                     The World Golf League,  Inc.

                                     By:  /s/ MICHAEL S. PAGNANO
                                          ----------------------

                                     Title: President and CEO

<PAGE>EXHIBIT 4.3

                        WARRANT TO PURCHASE COMMON STOCK
                              (CONVERSION WARRANTS)

THIS WARRANT AND THE SHARES ISSUABLE HEREUNDER HAVE BEEN ACQUIRED FOR INVESTMENT
AND  NOT FOR DISTRIBUTION, AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
OF  1933, AS AMENDED NEITHER THE WARRANT NOR THE SHARES MAY BE SOLD, PLEDGED, OR
OTHERWISE  TRANSFERRED  WITHOUT AN EFFECTIVE REGISTRATION THEREOF UNDER SUCH ACT
OR  PURSUANT TO RULE 144 OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE
COMPANY  AND  ITS  COUNSEL  THAT SUCH REGISTRATION IS NOT REQUIRED. THIS WARRANT
MUST  BE  SURRENDERED  TO  THE  COMPANY  OR  ITS  TRANSFER  AGENT AS A CONDITION
PRECEDENT  TO THE SALE, PLEDGE OR OTHER TRANSFER OF ANY INTEREST IN THIS WARRANT
OR  THE  SHARES  ISSUABLE  HEREUNDER.

ISSUER:  The World Golf League, Inc.
CLASS OF STOCK: Common Stock
ISSUE DATE: June 4, 2004
EXPIRATION DATE: June 3, 2007

     THIS  WARRANT  TO  PURCHASE  COMMON  STOCK is being issued pursuant to that
certain Securities Purchase Agreement dated as of the date hereof (the "Purchase
Agreement")  between  The  World  Golf League, Inc., a Delaware corporation (the
"Company")  and  Golden  Gate  Investors,  Inc.  ("Holder").

     1.1  Warrants.  The  Company  hereby  grants  to  Holder  the  right  to
          --------
purchase  2,500,000  shares  of  the  Company's  Common  Stock  (the "Shares" or
"Warrant  Shares.  For  avoidance  of  doubt,  this  Warrant  may  be  exercised
concurrently with or subsequent to the issuance of a Conversion Notice under the
Debenture.  The  date  that  the  Holder  issues  a  Conversion Notice under the
Debenture  is hereafter referred to as the "Conversion Date."  Defined terms not
defined  herein shall have the meanings ascribed to them in the Debenture or the
Purchase  Agreement.  Holder  agrees  that, beginning in the first full calendar
month  after  the  Registration  Statement  is  declared  effective.

Holder  will exercise at least 5%, but no more than 15% (such 15% maximum amount
to  be  cumulative  from  the  Deadline),  of  the  Warrants per calendar month,
provided  that  the Common Shares are available, registered and freely tradable.
If  Holder  exercises  more  than  5% of the Warrants in any calendar month, the
excess  over  5%  shall  be  credited  against the next month's minimum exercise
amount.  The  15%  monthly maximum amount shall not be applicable if the Current
Market  Price  of  the  Common  Stock  at anytime during the applicable month is
higher than the Current Market Price of the Common Stock on the Closing Date. In
the event Holder does not exercise at least 5% of the Warrants in any particular
calendar  month,  Holder  shall  not  be  entitled  to  collect  interest on the
Debenture  for that month if the Company gives Holder written notice, at least 5
business days prior to the end of the month, of Holder's failure to exercise the
minimum  required  amount  for  that  month.

<PAGE>

This  Warrant  shall  expire  and Holder shall no longer be able to purchase the
Warrant  Shares  on  June     ,  2007.
                         -----

                                    ARTICLE 2
                                    EXERCISE
                                    --------

     2.1  Method  of  Exercise.  Holder  may exercise this Warrant by delivering
          ------------------
a duly executed Warrant Notice of Exercise in substantially the form attached as
Appendix  1  to  the  principal  office  of  the  Company.
-----------

     2.2  Delivery  of  Certificate  and New Warrant. As promptly as practicable
          -------------------------------------------
after  the  receipt of the Warrant Notice of Exercise, but in any event not more
than  three  (3) Business Days after the Company's receipt of the Warrant Notice
of  Exercise,  the  Company  shall  issue  the Shares and cause to be mailed for
delivery  by  overnight  courier,  or  if  a Registration Statement covering the
Shares  has  been  declared  effective  by  the  SEC  cause to be electronically
transferred,  to  Holder  a certificate representing the Shares acquired and, if
this  Warrant  has  not  been fully exercised and has not expired, a new Warrant
substantially  in the form of this Warrant representing the right to acquire the
portion  of  the  Shares  not  so  acquired.

     2.3 Replacement of Warrants. On receipt of evidence reasonably satisfactory
         -----------------------
to  the  Company  of  the loss, theft, destruction or mutilation of this Warrant
and,  in  the  case  of  loss, theft or destruction, on delivery of an indemnity
agreement  reasonably  satisfactory in form and amount to the Company or, in the
case  of  mutilation, or surrender and cancellation of this Warrant, the Company
at its expense shall execute and deliver, in lieu of this Warrant, a new warrant
of  like  tenor.

     2.4  Exercise  Price.  The  Exercise  Price  of  this  Warrant shall $1.00.
          ---------------

     2.5  Cashless  Exercise.  Notwithstanding  anything  to  the  contrary
          ------------------
contained  in this Warrant, if the resale of the Warrant Shares by Holder is not
then  registered  pursuant  to  an  effective  Registration  Statement, upon the
expiration  of  one  year  from the Issue Date, this Warrant may be exercised by
presentation  and  surrender  of  this  Warrant  to the Company at its principal
executive  offices  with  a  written  notice  of  Holder's intention to effect a
cashless  exercise,  including  a  calculation of the number of shares of Common
Stock  to  be  issued upon such exercise in accordance with the terms hereof ( a
"Cashless Exercise"). In the event of a Cashless Exercise, in lieu of paying the
Exercise  Price  in cash, Holder shall surrender this Warrant for that number of
shares of Common Stock determined by multiplying the number of Warrant Shares to
which it otherwise would be entitled by a fraction, the numerator of which shall
be  the difference between the then current Market Price per share of the Common
Stock  and  the  Exercise  Price, and the denominator or which shall be the then
current  Market  Price  per  share  of  Common  Stock.

<PAGE>

                                    ARTICLE 3
                            ADJUSTMENT TO THE SHARES
                            ------------------------

     The  number of Shares purchasable upon the exercise of this Warrant and the
Exercise  Price  shall  be  subject  to  adjustment  from  time to time upon the
occurrence  of  certain  events,  as  follows:

     3.1  Reclassification.  In  case  of  any  reclassification  or  change  of
          ----------------
outstanding securities of the class issuable upon exercise of this Warrant then,
and in any such case, the Holder, upon the exercise hereof at any time after the
consummation of such reclassification or change, shall be entitled to receive in
lieu  of each Share theretofore issuable upon exercise of this Warrant, the kind
and  amount of shares of stock, other securities, money and/or property received
upon  such  reclassification or change by a holder of one Share.  The provisions
of  this  Section  2.1  shall similarly apply to successive reclassifications or
changes.

     3.2  Subdivision or Combination of Shares. If the Company at any time while
          -------------------------------------
this  Warrant  remains  outstanding and unexpired shall subdivide or combine its
Shares,  the  Exercise Price shall be proportionately decreased in the case of a
subdivision  or  increased  in  the  case  of  a  combination.

     3.3  Stock  Dividends.  If  the  Company, at any time while this Warrant is
          ----------------
outstanding  shall  pay a dividend with respect to its Shares payable in Shares,
or  make  any  other  distribution  of Shares with respect to Shares (except any
distribution  specifically  provided  for in Section 2.1 and Section 2.2 above),
then  the Exercise Price shall be adjusted, effective from and after the date of
determination  of  shareholders  entitled  to  received  such  dividend  or
distribution,  to  that  price  determined  by multiplying the Exercise Price in
effect  immediately  prior  to such date of determination by a fraction, (a) the
numerator  of  which shall be the total number of Shares outstanding immediately
prior  to  such dividend or distribution, and (b) the denominator of which shall
be  the  total  number  of Shares outstanding immediately after such dividend or
distribution.

     3.4  Non-Cash  Dividends.  If the Company at any time while this Warrant is
          -------------------
outstanding  shall  pay  a dividend with respect to Shares payable in securities
other  than Shares or other non-cash property, or make any other distribution of
such  securities  or  property  with  respect to Shares (except any distribution
specifically  provided  for  in  Section  2.1  and Section 2.2 above), then this
Warrant  shall represent the right to acquire upon exercise of this Warrant such
securities  or  property  which  a  holder of Shares would have been entitled to
receive upon such dividend or distribution, without the payment by the Holder of
any  additional  consideration  for  such  securities  or  property.

     3.5  Effect of Reorganization and Asset Sales. If any (i) reorganization or
          -----------------------------------------
reclassification of the Common Stock (ii) consolidation or merger of the Company
with  or  into another corporation, or (iii) sale or all or substantially all of
the  Company's operating assets to another corporation followed by a liquidation
of the Company (any such transaction shall be referred to herein as an "Event"),
is  effected in such a way that holders of common Stock are  entitled to receive
securities  and/or  assets  as  a  result  of  their Common Stock ownership, the
Holder,  upon exercise of this Warrant, shall be entitled to receive such shares
of  stock securities or assets which the Holder would have received had it fully
exercised  this Warrant on or prior the record date for such Event.  The Company
shall  not merge into or consolidate with another corporation or sell all of its
assets  to  another  corporation  for  a  consideration  consisting primarily of
securities  of  such corporation, unless the successor or acquiring corporation,
as  the  case may be, shall expressly assume the due and punctual observance and
performance  of  each  and  every  covenant  and condition of this Warrant to be
performed  or observed by the Company and all of the obligations and liabilities
hereunder,  subject  to  such  modification as shall be necessary to provide for
adjustments  which  shall  be  as  nearly  equivalent  as  practicable  to  the
adjustments  provided  for  in  this  Section 2.  The foregoing provisions shall
similarly  apply  to  successive  mergers,  consolidations  or  sales of assets.

<PAGE>

     3.6  Adjustment  of  Number  of  Shares.  Upon  each  adjustment  in  the
          ----------------------------------
Exercise  Price,  the  number  of Shares shall be adjusted, to the nearest whole
share,  to the product obtained by multiplying the number of Shares, purchasable
immediately prior to such adjustment by a fraction, the numerator of which shall
be  the  Exercise Price immediately prior to such adjustment and the denominator
of  which  shall  be  the  Exercise  Price  immediately  thereafter.

     3.7  No  Impairment.  The  Company  shall not, by amendment of its articles
          -------------
of incorporation or through a reorganization, transfer of assets, consolidation,
merger, dissolution, issue, or sale of securities or any other voluntary action,
avoid  or  seek to avoid the observance or performance of any of the terms to be
observed  or performed under this Warrant by the Company, but shall at all times
in  good  faith assist in carrying out all of the provisions of this Warrant and
in  taking  all  such  action  as  may be reasonably necessary or appropriate to
protect  Holder's rights hereunder against impairment.  If the Company takes any
action  affecting  its Common Stock other than as described above that adversely
affects Holder's rights under this Warrant, the Exercise Price shall be adjusted
downward  and  the number of Shares issuable upon exercise of this Warrant shall
be  adjusted  upward  in such a manner that the aggregate Exercise Price of this
Warrant  is  unchanged.

     3.8  Fractional  Shares.  No  fractional  Shares shall be issuable upon the
          ------------------
exercise of this Warrant, and the number of Shares to be issued shall be rounded
down  to  the  nearest  whole  Share.

     3.9  Certificate  as  to  Adjustments.  Upon any adjustment of the Exercise
          --------------------------------
Price,  the  Company,  at its expense, shall compute such adjustment and furnish
Holder  with  a  certificate  of  its Chief Financial Officer setting forth such
adjustment  and  the  facts  upon  which  such adjustment is based.  The Company
shall,  upon  written  request,  furnish  Holder a certificate setting forth the
Exercise  Price  in  effect  upon the date thereof and the series of adjustments
leading  to  such  Exercise  Price.

     3.10 No Rights of Shareholders. This Warrant does not entitle Holder to any
          -------------------------
voting  rights  or any other rights as a shareholder of the Company prior to the
exercise  of  Holder's  right  to  purchase  Shares  as  provided  herein.

                                    ARTICLE 4
                  REPRESENTATIONS AND COVENANTS OF THE COMPANY
                  --------------------------------------------

     4.1  Representations  and  Warranties.  The  Company  hereby represents and
          -------------------------------
warrants  to Holder that all Shares which may be issued upon the exercise of the
purchase  right  represented  by  this  Warrant,  shall,  upon issuance, be duly
authorized,  validly  issued, fully paid and nonasessable, and free of any liens
and  encumbrances.

     4.2  Notice  of  Certain Events. If the Company proposes at any time (a) to
          ---------------------------
declare  any  dividend  or  distribution upon its Common Stock, whether in cash,
property, stock, or other securities and whether or not a regular cash dividend;
(b)  to offer for subscription pro rata to the holders of any class or series of
its stock any additional shares of stock of any class or series or other rights;
(c)  to  effect any reclassification or recapitalization of Common Stock; (d) to
merge  or  consolidate  with  or  into  any  other  corporation, or sell, lease,
license,  or  convey  all  or  substantially all of its assets, or to liquidate,
dissolve or wind up; or (e) offer holders of registration rights the opportunity
to  participate  in  an underwritten public offering of the Company's securities
for  cash,  then,  in  connection  with  each such event, the Company shall give
Holder  (1)  at least 20 days prior written notice of the date on which a record
will  be  taken  for  such  dividend,  distribution, or subscription rights (and
specifying  the  date  on  which  the  holders  of Common Stock will be entitled
thereto)  or  for  determining rights to vote, if any, in respect of the matters
referred  to in (c) and (d) above; (2) in the case of the matters referred to in
(c)  and  (d)  above  at least 20 days prior written notice of the date when the
same  will  take  place  (and specifying the date on which the holders of Common
Stock  will  be  entitled to exchange their Common Stock for securities or other
property  deliverable upon the occurrence of such event); and (3) in the case of
the  matter referred to in (e) above, the same notice as is given to the holders
of  such  registration  rights.

<PAGE>

     4.3  Information Rights. So long as Holder holds this Warrant and/or any of
           -------------------
the  Shares,  the  Company  shall  deliver to Holder (a) promptly after mailing,
copies of all notices or other written communications to the shareholders of the
Company,  (b)  within ninety (90) days of their availability, the annual audited
financial  statements of the Company certified by independent public accountants
of  recognized  standing,  and  (c) within forty-five (45) days after the end of
each  fiscal  quarter  or  each  fiscal year, the Company's quarterly, unaudited
financial  statements.

     4.4  Reservation  of Warrant Shares. The Company has reserved and will keep
          -------------------------------
available,  out  of the authorized and unissued shares of Common Stock, the full
number  of  shares  sufficient  to  provide  for  the  exercise of the rights of
purchase  represented  by  this  Warrant.

     4.5  Registration  Rights.  If  Holder exercises this Warrant and purchases
          -------------------
some  or  all of the Shares, Holder shall have the Registration Rights set forth
in  that  certain Registration Rights Agreement executed concurrently therewith.

                                    ARTICLE 5
                   REPRESENTATIONS AND COVENANTS OF THE HOLDER
                   -------------------------------------------

     5.1  Private  Issue.  Holder  understands  (i)  that  the  Shares  issuable
          --------------
upon  exercise  of  Holder's  rights contained in the Warrant are not registered
under  the Act or qualified under applicable state securities laws on the ground
that  the  issuance  contemplated  by  the  Warrant  will  be  exempt  from  the
registration  and  qualifications  requirements  thereof,  and  (ii)  that  the
Company's  reliance  on such exemption is predicated on Holder's representations
set  forth  in  this  Article  5.

     5.2  Financial  Risk. Holder has such knowledge and experience in financial
          ---------------
and  business matters as to be capable of evaluating the merits and risks of its
investment  and  has  the  ability to bear the economic risks of its investment.

<PAGE>

     5.3  Risk  of  No Registration. Holder understands that if the Company does
          --------------------------
not  register with the Securities and Exchange Commission pursuant to Section 12
of  the  Act,  or  file  reports  pursuant  to  Section 15(d), of the Securities
Exchange  Act  of 1934 (the "1934 Act"), or if a registration statement covering
the  securities  under  the Act is not in effect when it desires to sell (i) the
right  to  purchase  Shares pursuant to the Warrant, or (ii) the Shares issuable
upon  exercise  of  the  right  to  purchase,  it  may  be required to hold such
securities  for  an  indefinite  period.

     5.4  Accredited  Investor. Holder is an "accredited investor," as such term
          --------------------
is  defined  in  Regulation  D  promulgated  pursuant  to  the  Act.

                                    ARTICLE 6
                                  MISCELLANEOUS
                                  -------------

     6.1  Term.  This  Warrant  is  exercisable,  in  whole  or  in part, at any
          ----
time  and from time to time on or after the Conversion Date and on or before the
Expiration  Date  set  forth  above.

     6.2  Compliance  with  Securities Laws on Transfer. This Warrant may not be
          ----------------------------------------------
transferred  or  assigned in whole or in part without compliance with applicable
federal  and  state  securities  laws  by  the  transferor  and  the  transferee
(including,  without  limitation,  the  delivery  of  investment  representation
letters and legal opinions reasonably satisfactory to the Company, as reasonably
requested  by  the  Company). The Company shall not require Holder to provide an
opinion  of  counsel  if  the  transfer  is  to  an  affiliate  of  Holder.

     6.3  Transfer Procedure. Holder shall have the right without the consent of
          -------------------
the  Company  to  transfer  or  assign  in whole or in part this Warrant and the
Shares  issuable  upon exercise of this Warrant. Holder agrees that unless there
is  in  effect  a  registration  statement  under  the Act covering the proposed
transfer of all or part of this Warrant, prior to any such proposed transfer the
Holder  shall  give written notice thereof to the Company (a "Transfer Notice").
Each Transfer Notice shall describe the manner and circumstances of the proposed
transfer  in  reasonable  detail  and,  if  the  company  so  requests, shall be
accompanied by an opinion of legal counsel, in a form reasonably satisfactory to
the  Company,  to  the effect that the proposed transfer may be effected without
registration  under the Act; provided that the Company will not require opinions
of  counsel  for  transactions  involving transfers to affiliates or pursuant to
Rule  144  promulgated  by the Securities and Exchange Commission under the act,
except  in  unusual  circumstances.

<PAGE>

     6.4  Notices,  etc.  All  notices  and  other  communications  required  or
          -------------
permitted  hereunder  shall  be in writing and shall be delivered personally, or
sent  by  telecopier  machine  or  by  a nationally recognized overnight courier
service,  and  shall  be  deemed  given  when  so  delivered  personally,  or by
telecopier  machine  or  overnight  courier  service  as  follows:

if  to  the  Company,  to:

The  World  Golf  League,  Inc.
258  East  Altamonte  Drive
Altamonte  Springs,  FL  32701
Telephone:     407-331-6272
Facsimile:     407-331-6271

if  to  the  Holder,  to:

Golden  Gate  Investors,  Inc.
7817  Herschel  Avenue,  Suite  200
La  Jolla,  CA  92037
Telephone:     858-551-8789
Facsimile:     858-551-8779

or  at  such  other  address  as the Company shall have furnished to the Holder.
Each such notice or other communication shall for all purposes of this agreement
be  treated  as  effective  or  having  been  given  when delivered if delivered
personally,  or,  if  sent  by  mail, at the earlier of its receipt or five days
after  the  same has been deposited in a regularly maintained receptacle for the
deposit  of  the  United  States  mail,  addressed  and  mailed  as  aforesaid.

     6.5  Counterparts.  This  agreement  may  be  executed  in  any  number  of
          ------------
counterparts,  each  of  which shall be enforceable against the parties actually
executing  such  counterparts,  and  all  of which together shall constitute one
instrument.  Facsimile  execution  shall  be  deemed  originals.

     6.6  Waiver.  This  Warrant  and  any  term  hereof may be changed, waived,
          ------
discharged  or  terminated  only by an instrument in writing signed by the party
against  which  enforcement  of such change, waiver, discharge or termination is
sought.

     6.7  Attorneys  Fees.  In  the  event  of  any  dispute between the parties
          ---------------
concerning  the  terms  and  provisions of this Warrant, the party prevailing in
such  dispute  shall  be  entitled  to  collect  from  the other party all costs
incurred  in  such  dispute,  including  reasonable  attorneys  fees.

     6.8  Governing  Law;  Jurisdiction.  This  Warrant shall be governed by and
          -----------------------------
construed in accordance with the laws of the State of California, without giving
effect  to its principles regarding conflicts of law. Each of the parties hereto
consents to the jurisdiction of the federal courts whose districts encompass any
part  of  the  City  of San Diego or the state courts of the State of California
sitting  in  the  City of San Diego in connection with any dispute arising under
this  Warrant  and  hereby  waives,  to the maximum extent permitted by law, any
objection including any objection based on forum non conveniens, to the bringing
of  any  such  proceeding  in  such  jurisdictions.

     6.9  Remedies.  The  Company  acknowledges  that  a  breach  by  it  of its
          --------
obligations  hereunder  will  cause irreparable harm to the Holder, by vitiating
the  intent  and  purpose  of  the transactions hereby. Accordingly, the Company
acknowledges  that  the remedy at law for a breach of its obligations under this
Warrant  will  be  inadequate and agrees, in the event of a breach or threatened
breach  by  the Company of the provisions of this Warrant, that the Holder shall
be  entitled,  in  addition to all other available remedies at law or in equity,
and  in  addition  to  the  penalties  assessable  herein,  to  an injunction or
injunctions  restraining, preventing or curing any breach of this Warrant and to
enforce  specifically  the terms and provisions hereof, without the necessity of
showing  economic  loss  and  without any bond or other security being required.

<PAGE>

     IN  WITNESS  WHEREOF,  the  parties hereto have duly caused this Warrant to
Purchase  Common  Stock  to  be  executed  and delivered on the date first above
written.

The World Golf League, Inc.              Golden Gate Investors, Inc.
By: /s/ MICHAEL S. PAGNANO               By: /s/ TRAVIS WILLIAM HUFF
    ----------------------                   -----------------------

Title: President and CEO                 Title:
                                               ---------------------

<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00069-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00069-of-00352.parquet"}]]