- Quarterly Report (10-Q)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

[X]	Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

	For the quarterly period ended September 30, 2008

[ ]	Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934

	For the transition period to __________

	Commission File Number: 333-140685

World Series of Golf, Inc.

(Exact name of small business issuer as specified in its charter)

Nevada	87-0719383
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

5340 S. Procyon St., Las Vegas, NV 89118

(Address of principal executive offices)

(702) 740-1740

(Issuer’s telephone number)

_______________________________________________________________

(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 issuer was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days [X] Yes [ ] No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

[ ] Large accelerated filer [ ] Accelerated filer

[ ] Non-accelerated filer [X] Smaller reporting company

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). [ ] Yes [X] No

State the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 22,109,999 common shares as of November 12, 2008

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	TABLE OF CONTENTS	Page
PART I – FINANCIAL INFORMATION
Item 1:	Financial Statements	3
Item 2:	Management’s Discussion and Analysis of Financial Condition and Results of Operations	4
Item 3:	Quantitative and Qualitative Disclosures About Market Risk	9
Item 4T:	Controls and Procedures	9
PART II – OTHER INFORMATION
Item 1:	Legal Proceedings	10
Item 1A:	Risk Factors	10
Item 2:	Unregistered Sales of Equity Securities and Use of Proceeds	10
Item 3:	Defaults Upon Senior Securities	10
Item 4:	Submission of Matters to a Vote of Security Holders	10
Item 5:	Other Information	10
Item 6:	Exhibits	10

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PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

Our unaudited financial statements included in this Form 10-Q are as follows:

F-1	Balance Sheets as of September 30, 2008 (unaudited) and December 31, 2007;

F-2	Statements of Operations for the three and nine months ended September 30, 2008 and September 30, 2007(unaudited);

F-3	Statements of Stockholder’s Equity from inception on July 24, 2007 through September 30, 2008 (unaudited);

F-4	Statements of Cash Flows for the nine months ended September 30, 2008 and September 30, 2007 (unaudited);

F-5	Notes to Financial Statements.

These unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the SEC instructions to Form 10-Q. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. Operating results for the interim period ended September 30, 2008 are not necessarily indicative of the results that can be expected for the full year.

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WORLD SERIES OF GOLF, INC.

Balance Sheets

ASSETS


	September 30, 2008		December 31, 2007
	(unaudited)
CURRENT ASSETS

Cash	$	401,213	$	244,914
Accounts receivable		881,442		186,960
Prepaid expenses		3,465		-

Total Current Assets		1,286,120		431,874

FIXED ASSETS, net		287,179		190,627

TOTAL ASSETS	$	1,573,299	$	622,501


LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

Accounts payable	$	460,865	$	59,135
Convertble debt, net		1,728,969		912,653
Other current liabilities		171,485		63,500

Total Current Liabilities		2,361,319		1,035,288

LONG-TERM LIABILITIES		-		-

Total Liabilities		2,361,319		1,035,288

STOCKHOLDERS' EQUITY (DEFICIT)

Common stock; 50,000,000 shares authorized, at $0.001 par value, 22,109,999 and 21,399,999 shares issued and outstanding, respectively		22,109		21,399

Additional paid-in capital		9,932,607		8,109,520
Stock subscription receivable		(2,000,000)		(2,000,000)
Accumulated deficit		(8,742,736)		(6,543,706)

Total Stockholders' Equity (Deficit)		(788,020)		(412,787)

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$	1,573,299	$	622,501

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

F-1

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WORLD SERIES OF GOLF, INC.

Statements of Operations

(unaudited)

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2008		2007		2008		2007


REVENUES	$	571,876	$	519,670	$	2,634,630	$	1,169,544

COST OF SALES		25,351		25,074		1,939,649		567,101

GROSS PROFIT		546,525		494,596		694,981		602,443

EXPENSES

Management fees		174,986		100,000		485,871		621,543
Depreciation and amortization		12,823		35,165		38,467		35,165
Advertising and marketing		70,009		208,238		311,645		390,000
Professional fees		281,001		268,739		728,921		320,381
General and administrative		100,731		2,825,638		1,041,442		3,675,617

Total Expenses		639,550		3,437,780		2,606,346		5,042,706

OPERATING LOSS		(93,025)		(2,943,184)		(1,911,365)		(4,440,263)

OTHER INCOME (EXPENSE)

Interest income		79		-		655		-
Interest expense		(137,323)		-		(288,320)		-

Total Other Income (Expense)		(137,244)		-		(287,665)		-

NET LOSS	$	(230,269)	$	(2,943,184)	$	(2,199,030)	$	(4,440,263)

BASIC LOSS PER COMMON SHARE	$	(0.01)	$	(0.41)	$	(0.10)	$	(0.76)

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING		21,969,999		7,252,284		21,750,0999		5,875,000

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

F-2

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WORLD SERIES OF GOLF, INC.

Statements of Stockholders' Equity (Deficit)

(unaudited)

	Common Stock			Additional Paid-in		Stock Subscription		Accumulated
	Shares	Amount		Capital		Receivable		Deficit		Total

Balance, December 31, 2006	8,629,568	$	8,629	$	1,964,371	$	-	$	(1,693,410)	$	279,590

Common stock issued for cash at $1.05 per share	4,323,319		4,323		4,554,677		(2,000,000)		-		2,559,000

Common stock issued for services at $1.05 per share	1,447,113		1,447		1,524,553		-		-		1,526,000

Contributed capital	-		-		24,885		-		-		24,885

Beneficial conversion feature of convertible debt	-		-		48,034		-		-		48,034

Recapitalization	6,999,999		7,000		(7,000)		-		-		-

Net loss for the year December 31, 2007	-		-		-		-		(4,850,296)		(4,850,296)

Balance, December 31, 2007	21,399,999		21,399		8,109,520		(2,000,000)		(6,543,706)		(412,787)

Common stock issued for cash at $1.25 per share	304,000		304		379,696		-		-		380,000

Beneficial conversion feature of convertible debt	-		-		587,404		-		-		587,404

Fair value of warrant attached to common stock	-		-		598,093		-		-		598,093

Common stock issued for services at $1.25 per share	406,000		406		257,894		-		-		258,300

Net loss for the nine months ended September 30, 2008	-		-		-		-		(2,199,030)		(2,199,030)

Balance, September 30, 2008	22,109,999	$	22,109	$	9,932,607	$	(2,000,000)	$	(8,742,736)	$	(788,020)

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

F-3

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WORLD SERIES OF GOLF, INC.

Statements of Cash Flows

(unaudited)

	For the Nine Months Ended September 30,
	2008		2007

OPERATING ACTIVITIES

Net loss	$	(2,199,030)	$	(4,440,263)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation		38,467		35,165
Amortization of discount on debt		195,801
Common stock and warrants issued for services		856,394		1,526,000
Changes in operating assets and liabilities
(Increase) decrease in accounts receivable		(694,482)		(195,540)
(Increase) decrease in prepaid expenses		(3,465)		-
Increase (decrease) in accounts payable		401,730		285,315
Increase (decrease) in other current liabilities		107,985		25,795

Net Cash Used in Operating Activities		(1,296,600)		(2,763,528)

INVESTING ACTIVITIES

Purchase of fixed assets		(135,019)		(225,075)

Net Cash Used in Investing Activities		(135,019)		(225,075)

FINANCING ACTIVITIES

Increase in note payable - related party		72,918		985,572
Increase in convertible notes payable		1,135,000		-
Common stock issued for cash		380,000		1,774,000

Net Cash Provided by Financing Activities		1,587,918		2,759,572

NET INCREASE (DECREASE) IN CASH		156,299		(229,031)

CASH AT BEGINNING OF PERIOD		244,914		298,934

CASH AT END OF PERIOD	$	401,213	$	69,903


SUPPLEMENTAL DISCLOSURES OF
CASH FLOW INFORMATION

CASH PAID FOR:

Interest	$	80,462	$	-
Income Taxes	$	-	$	-

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

F-4

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WORLD SERIES OF GOLF, INC.

(A Development Stage Company)

Notes to the Financial Statements

September 30, 2008 and December 31, 2007

NOTE 1 - CONDENSED FINANCIAL STATEMENTS

The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows at September 30, 2008 and for all periods presented have been made.

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's December 31, 2007 audited financial statements. The results of operations for the periods ended September 30, 2008 and 2007 are not necessarily indicative of the operating results for the full years.

NOTE 2 - GOING CONCERN

The Company’s financial statements are prepared using generally accepted accounting principles applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has had no revenues and has generated losses from operations.

In order to continue as a going concern and achieve a profitable level of operations, the Company will need, among other things, additional capital resources and to develop a consistent source of revenues. Management’s plans include of investing in and developing all types of businesses related to the sports entertainment industry.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plan described in the preceding paragraph and eventually attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

F-5

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Item 2. Plan of Operation

Forward-Looking Statements

Certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words “believes,” “project,” “expects,” “anticipates,” “estimates,” “intends,” “strategy,” “plan,” “may,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. We intend such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of complying with those safe-harbor provisions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse affect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Further information concerning our business, including additional factors that could materially affect our financial results, is included herein and in our other filings with the SEC.

Overview

We are in the sports and entertainment business. Our premiere event is a golf tournament played under a patent pending format similar to Texas Hold ‘Em poker. The Inaugural World Series of Golf was played May 13-16, 2007 in Las Vegas, Nevada and aired on NBC Sports. The event was hosted by the MGM Mirage - the official casino and hotel of the World Series of Golf. The event featured two Las Vegas style wrap-around parties - opening night and closing night. The three day event with single day elimination was played at Primm Valley Golf Club with 60 players participating. The event was viewed in over 2 million households on NBC Sports and had over 96 million internet impressions. It aired on SKY Sports in Europe and was featured in local, national and regional coverage including the AP wire service.

The 2008 World Series of Golf was played the week of May 12-15. There were more applicants than playing positions and the event has doubled in size. The event aired June 28 and 29 on the CBS television network. Our objective is to build a global brand with the finals bringing players from all over the world to Las Vegas and creating the largest payout of any golf tournament in the world. The World Series of Golf is also preparing to launch the World Series of Golf Europe and The World Series of Golf Online.

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We also own the rights to a number of other event titles, including the “World Series of Men’s Professional Golf ä ”, “World Series of Women’s’ Professional Golf ä ”, “World Series of Amateur Golf ä ”, and the “World Series of Club Championship Golf™”. An application for the mark “World Series of Golf®” was filed in Canada on December 6, 2004 and was approved by the Canadian authority on September 27, 2005. We filed an international application for the World Series of Golf® game format in any of the countries which are members of the Patent Cooperation Treaty. A United States patent application was filed for the World Series of Golf® game format with the United States Patent Trademark Office on October 5, 2004. The application is now patent pending.

Plan of Operation

Our strategic plan is based on management’s belief that it will take three successful annual events, along with the development of an online accessible game, to obtain acceptance of the World Series of Golf® as a method of play and to establish it as a brand in the mind of players. The first event was viewed by management as a means to prove that the game concept works and to establish it as an authentic concept. The second event was viewed by management as demonstrating that the game can be grown and that the first event was not just a fluke. The third event is being viewed as the means to validate the game in the mind of players and the public generally.

Management sees the development and acceptance of an online game as critical to getting the game’s method of play to a significantly larger number of players than would be possible if we only offered a land based event. The larger number of players and greater regularity of game events potentially offered by online play are expected to raise significantly more revenues for us over time.

We succeeded in completing the inaugural event in Las Vegas on May 13-16, 2007. According to the statistics we received, it was viewed in over 2 million households on NBC Sports and had over 96 million internet impressions from our online component. It aired on SKY Sports in Europe and was featured in local, national and regional coverage in the U.S., including the AP wire service. The 2008 annual event was played during the week of May 12-15, 2008. Our online component is in the process of development with a public launch targeted for 2009. At this time, our third major event in Las Vegas is expected to be planned for the following year at about the same time of year, in May 2009.

Year One -- Proof of Concept and Establishing Authenticity

During the year ended December 31, 2007, our primary objective was to establish proof of our unique concept and to create an authentic and successful event based upon our proprietary method of tournament golf play. Our first tournament was viewed by over 2 million households and has generated a very positive overall response. The popularity of the inaugural 60-player event led to more applicants than player positions available for the expanded 125-player tournament played May 12-15, 2008.

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Management believes it has succeeded in establishing the World Series of Golf game format as a legitimate and enjoyable method of play. Our strategy going forward in 2008 will thus be to expand and broaden the game play and acceptance generally.

Year Two -- Event Growth and Online Development

Our plan of operations for the 2008 fiscal year has been to build upon the success of our inaugural event and will focus on two distinct but complimentary methods of play: land based events and online play.

Growth of Land-Based Events

Our land-based tournament events generate revenue directly through the $10,000 buy-in paid by each tournament player. To expand the revenues created directly by our land-based events, we must expand the number of tournaments and players. Our flagship World Series of Golf tournament will continue to be played in Las Vegas, Nevada for the foreseeable future as it continues to grow in size. In this regard, we have increased the number of players from 60 to 125 to accommodate the number of player requests, which have already exceeded the number of spots available.

In addition, we have opened a London office with partners in order to expand operations and play into Europe. Our first European event was tentatively scheduled for September or October of 2008. However, the event is now expected to occur in 2009 instead. Our European events are expected to be varied in size, but all played under our patent pending format. We anticipate the events to be similar to those hosted in Las Vegas, featuring a buy-in for each player (projected to be £10,000) and a three-to-four day elimination tournament. We are exploring the creation of made-for-television events (i.e., USA vs. Europe) played in a Ryder Cup style. Many of our current partners, vendors and affiliates have a global presence. These global ties are expected to provide valuable assistance with the expansion of our tournaments to Europe and beyond.

Another part of our plans for growing our land based events involves television and broadband media. Under our current broadcast media strategy, we retain the broadcast rights to our events and related content and air the events through the purchase of broadcast time from a major network. Revenues are then generated through the sale of advertising sponsorships. In the short term, this strategy foregoes the potentially higher net revenues which may be attainable through an outright sale of the television rights to our events. At the current time, however, we believe the long term interests of the company are better served by increasing our media presence and growing and expanding the awareness, appeal, and overall value of our events and the related telecast rights. We thus plan to continue this strategy through the end of the 2008 fiscal year.

Ultimately, after we have more firmly established our game as a compelling television event, we would like to find a permanent telecast home for flagship event in Las Vegas. The primary contenders for a permanent relationship at this time would be The Golf Channel in the U.S. and SKY Sports in Europe.

Our inaugural event was aired on NBC. It generated a .9 rating (about 2 million households). As with any first year event, however, it was difficult to find the proper pacing. The NBC telecast

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was therefore acceptable, but not exemplary. We believe the game is better shown on TV as a reality show in episodic form rather than as a golf tournament. Not completely satisfied with the results obtained in the inaugural telecast, we have hired Echo Entertainment in Los Angeles, post production specialists, who primarily edit poker based shows (including NBC’s Poker After Dark). We re-aired our 2007 NBC telecast on SKY Sports in Europe.

The 2008 event aired June 28 and 29 on the CBS television network. European-based broadcast leader Setanta Sports will air the 2008 event throughout Europe. Beginning in October, Setanta will feature four separate one-hour segments of the event prior to live broadcasts of PGA Tour events. The 2008 event will be aired in four separate "runs" during the twelve months following the initial October broadcast. Through repeats, the event will air in Europe in its entirety approximately twenty times during this twelve-month period.

Online Game Development

Management believes that much of our potential for long-term growth resides with the development of an online game and revenue base. The number of participants in our land-based events is inherently limited by the requirements of bringing players together in one place, by the $10,000 high-stakes buy-in, and by the logistical challenges that will mount in any live event as more and more participants are added. By bringing our proprietary game to the Internet, we hope to transcend these limitations.

The online game being developed in partnership with the World Golf Tour will contain several valuable features: it will (1) require users to register; (2) allow people to play and get familiar with our format and (3) encourage the development of a social networking community related to the game and its online play. Through the online game, the World Series of Golf, we expect to be able to conduct events 24 hours a day, seven days a week. Players will be able to compete varied types of play, including 3 hole, 6 hole, 9 hole, or 18 hole events. Most of these events will be buy-in events. Registered players will acquire credits and then use these credits to participate in the online events they choose. Management expects this to not only drive revenue, but give the users an opportunity to learn the format. We anticipate leveraging our land based events, media and strategic partner relations to drive traffic to the online game site.

Once a critical number of players have familiarized themselves with our game and have refined their skills using our U.S.-based online game, we will explore opportunities to incorporate online gaming into the online games. Under the terms of our agreement with The World Golf Tour, we have the right to license the operating system being developed to create a gambling platform to put on top of our game and operate in those parts of the world where online gaming is legal.

Year Three -- Validity and Long-Term Success

Management believes that the 2009 fiscal year, upon the completion of our third inaugural event, will be the turning point at which we will be able to establish our business as a viable growing concern that is well positioned for long-term profitability and success. The successful completion of our third flagship World Series of Golf event in the Spring of 2009 is expected to put us over the proof of concept stage and establish the long term staying power of our brand. Also during 2009, we expect to launch the fully-functional version of our online game site and to begin building our online following and community, generating the increase revenues we will need to grow the business over time.

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Expected Changes In Number of Employees, Plant, and Equipment

We do not have plans to purchase any physical plant or any significant equipment or to change the number of our employees during the next twelve months.

Results of Operations for the three and nine months ended September 30, 2008

We earned revenues of $571,876 and incurred costs of sale totaling $25,351 during the three months ended September 30, 2008, compared to revenues of $519,670 and costs of sale of $25,074 during the three months ended September 30, 2007. We incurred operating expenses in the amount of $639,550 for the three months ended September 30, 2008 and in the amount of $3,437,780 for the three months ended September 30, 2007. We earned revenues of $2,634,630 and incurred costs of sale totaling $1,939,649 during the nine months ended September 30, 2008, compared to revenues of $1,169,544 and costs of sale of $567,101 during the nine months ended September 30, 2007. We incurred operating expenses in the amount of $2,606,346 for the nine months ended September 30, 2008 and in the amount of $5,042,706 for the nine months ended September 30, 2007. Our operating expenses included General and Administrative Expenses of $100,731 during the three months ended September, 30, 2008, $2,825,638 during the three months ended September, 30, 2007, $1,041,422 during the nine months ended September, 30, 2008, and $3,675,617 during the nine months ended September, 30, 2008.

We incurred a net loss of $230,269 for the three months ended September 30, 2008, compared to a net loss of $2,943,184 for the three months ended September 30, 2007. We incurred a net loss of $2,199,030 for the nine months ended September 30, 2008, compared to a net loss of $4,440,263 for the nine months ended September 30, 2007. Our losses are attributable to operating expenses in excess of current revenues. The decrease in net losses from periods ended September 30, 2007 to periods ended September 30, 2008, are primarily due to a significant reduction in General and Administrative Expenses.

Liquidity and Capital Resources

As of September 30, 2008, we had current assets in the amount of $1,286,120, consisting of $401,213 in cash, $881,442 in accounts receivable, and $3,465 in prepaid expenses. As of September 30, 2008, we had $2,361,319 in current liabilities, consisting of accounts payable of $460,865, convertible debt in the amount of $1,728,969, and other current liabilities in the amount of $171,485. We therefore had a working capital deficit of $1,075,199 as of September 30, 2008.

Our operating activities used $1,296,600 in cash during the nine months ended September 30, 2008. The primary component was our Net Loss of $2,199,030. We used $135,019 in investing activities during the nine months ended September 30, 2008. This was due exclusively to the purchase of fixed assets during the period. Our financing activities generated 1,587,918 in cash during the nine months ended September 30, 2008 through the issuance of notes and common stock.

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We have not attained profitable operations and may be dependent upon obtaining financing to pursue our long-term business plan. For these reasons our auditors stated in their report that they have substantial doubt we will be able to continue as a going concern.

Thus far in the current fiscal year, we have generated revenues from player buy-ins for our annual Las Vegas tournament and sponsorship sales as well as payments under the company’s stock purchase agreement with The Custom Group.

We believe that our financing activities, together with our revenues and cash-on-hand, will allow us to continue to meet our budget and execute on our strategic plan for the remainder of the 2008 fiscal year.

Off Balance Sheet Arrangements

As of September 30, 2008, there were no off balance sheet arrangements.

Going Concern

Our financial statements are prepared using generally accepted accounting principles applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. We have had no revenues and have generated losses from operations. For these reasons our auditors stated in their report that they have substantial doubt we will be able to continue as a going concern.

In order to continue as a going concern and achieve a profitable level of operations, we will need, among other things, additional capital resources and to develop a consistent source of revenues. Management’s plans include investing in and developing all types of businesses related to the sports entertainment industry.

Our ability to continue as a going concern is dependent upon our ability to successfully accomplish the plan described in the preceding paragraph and eventually attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

A smaller reporting company is not required to provide the information required by this Item.

Item 4T. Controls and Procedures

We carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of September 30, 2008. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and our Chief Financial Officer, Mr. Terry Leiweke. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of September 30, 2008, our disclosure controls and procedures are effective. There have been no changes in our internal controls over financial reporting during the quarter ended September 30, 2008.

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act are recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.

Limitations on the Effectiveness of Internal Controls

Our management does not expect that our disclosure controls and procedures or our internal control over financial reporting will necessarily prevent all fraud and material error. Our disclosure controls and procedures are designed to provide reasonable assurance of achieving our objectives and our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective at that reasonable assurance level. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the internal control. The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Over time, control may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate.

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PART II – OTHER INFORMATION

Item 1. Legal Proceedings

We are not a party to any pending legal proceeding. We are not aware of any pending legal proceeding to which any of our officers, directors, or any beneficial holders of 5% or more of our voting securities are adverse to us or have a material interest adverse to us.

Item 1A. Risk Factors

A smaller reporting company is not required to provide the information required by this Item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

None

Item 3. Defaults upon Senior Securities

None

Item 4. Submission of Matters to a Vote of Security Holders

No matters have been submitted to our security holders for a vote, through the solicitation of proxies or otherwise, during the quarterly period ended September 30, 2008.

Item 5. Other Information

None

Item 6. Exhibits

Exhibit Number	Description of Exhibit
3.1	Articles of Incorporation (1)
3.2	By-Laws (1)
10.1	World Series of Golf, Inc. Stock Option Plan (1)
31.1	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2	Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

(1)	Previously included as an exhibit to the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2008.

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SIGNATURES

In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	World Series of Golf, Inc.

Date:	November 13, 2008

	By: /s/ Terry Leiweke Terry Leiweke Title: Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer and Director