<DOCUMENT>
<TYPE>10QSB
<SEQUENCE>1
<FILENAME>tman_10qsb.txt
<TEXT>
<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                       ----------------------------------

                                   FORM 10-QSB

              [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the Quarterly Period Ended June 30, 2001

                                       OR

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

                         Commission File Number 0-27631

                              TMANGLOBAL.COM, INC.
                       (Name of registrant in its charter)


           FLORIDA                                       65-0782227
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
Incorporation or Organization)

               10693 ANNA MARIE DRIVE, GLEN ALLEN, VIRGINIA 23060
                                 (804) 290-0803
          (Address and telephone number of principal executive offices)
                       ----------------------------------

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

                                 YES [X] NO [ ]

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

As of August 10, 2001, the Registrant had 9,086,053 outstanding shares of Common
Stock, par value $.0001 per share.



<PAGE>

                              TMANGLOBAL.COM, INC.
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001

                                                                        PAGE NO.
                                                                        --------

PART I.  FINANCIAL INFORMATION                                                 1

ITEM 1.  FINANCIAL STATEMENTS - TMANGLOBAL.COM, INC. (UNAUDITED)               1

         CONDENSED BALANCE SHEETS (UNAUDITED) AT JUNE 30, 2001                 2

         CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) FOR THE THREE          3
         MONTHS ENDED JUNE 30, 2001 AND 2000, AND FOR THE NINE MONTHS
         ENDED JUNE 30, 2001 AND 2000

         CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) FOR THE NINE MONTHS    4
         ENDED JUNE 30, 2001 AND 2000

         NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS                5-7

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS      8-10
         AND FINANCIAL CONDITION

PART II.  OTHER INFORMATION                                                   10

ITEM 1.   LEGAL PROCEEDINGS                                                   10

ITEM 4.   SUBMISSION MATTERS TO A VOTE OF SECURITY HOLDERS                    10

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K                                    10

SIGNATURES                                                                    11



<PAGE>


                          PART I. FINANCIAL INFORMATION

ITEM 1.    FINANCIAL STATEMENTS - TMANGLOBAL.COM, INC. (UNAUDITED)












                                       1
<PAGE>

                              TMANGLOBAL.COM, INC.
                             CONDENSED BALANCE SHEET
                                   (UNAUDITED)
                                  JUNE 30, 2001


                                     ASSETS
                                     ------


                                                                   JUNE 30, 2001
                                                                    ------------

Cash                                                                $     4,304
                                                                    ------------

         Total assets                                               $     4,304
                                                                    ============


                      LIABILITIES AND STOCKHOLDERS' DEFICIT
                      -------------------------------------

Current liabilities:
         Bank overdraft                                             $        63
         Accounts payable                                                 5,590
         Accrued expenses                                                14,985
         Notes payable - stockholders                                    79,000
         Notes payable - other                                          250,759
         Officer Loans                                                    5,084
              Total current liabilities                                 355,481
                                                                    ------------

Equity subject to redemption                                             30,000
                                                                    ------------

Stockholders' deficit:
         Common stock, $0.0001 par value; 20,000,000                        909
            shares authorized; 9,086,053 shares issued and
            outstanding
         Additional paid-in capital                                   3,530,946
         Subscriptions receivable                                       (15,000)
         Accumulated deficit                                         (3,898,032)
                                                                    ------------
              Total stockholders' deficit                              (381,177)
                                                                    ------------

              Total liabilities and stockholders deficit            $     4,304
                                                                    ============



           -See accompanying notes to condensed financial statements-


                                       2
<PAGE>
<TABLE>

                              TMANGLOBAL.COM, INC.
                        CONDENSED STATEMENT OF OPERATIONS
                                   (UNAUDITED)
             FOR THE THREE MONTHS ENDED JUNE 30, 2001 AND 2000, AND
                FOR THE NINE MONTHS ENDED JUNE 30, 2001 AND 2000
<CAPTION>

                                                  Three Months Ended           Nine Months Ended
                                                       June 30                       June 30
                                                   2001        2000            2001           2000
                                                ----------  ------------   ------------   ------------
<S>                                             <C>         <C>            <C>            <C>
Revenue                                                 -   $     6,003    $     8,185    $    21,748

Cost of sales                                           -        (3,902)        (5,699)       (14,496)
                                                ----------  ------------   ------------   ------------

Gross profit                                         ( - )        2,101          2,486          7,252

General and administrative expenses                 8,228        52,025        179,054        260,547
                                                ----------  ------------   ------------   ------------

Loss from continuing operations                     ( - )      (49,924)      (176,568)      (253,295)

Interest expense                                    8,285             -       (100,944)             -

Discontinued operations:
     Gain on disposal of subsidiary                     -             -              -        168,891
     Loss from operations of
       discontinued subsidiary                          -             -              -        (49,929)
                                                ----------  ------------   ------------   ------------

Net Loss                                        $ (16,513)  $   (49,924)   $  (277,512)   $  (134,333)
                                                ==========  ============   ============   ============

Loss per share - basic and diluted              $     ( -)  $     (0.01)   $     (0.03)   $     (0.02)
                                                ==========  ============   ============   ============

Weighted average number of shares -
 basic and diluted                              9,086,053     6,197,554      8,128,220      6,064,221
                                                ==========  ============   ============   ============

</TABLE>

           -See accompanying notes to condensed financial statements-


                                       3
<PAGE>

                              TMANGLOBAL.COM, INC.
                       CONDENSED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)
                FOR THE NINE MONTHS ENDED JUNE 30, 2001 AND 2000


                                                            NINE MONTHS ENDED
                                                                JUNE 30,
                                                          2000           2001
                                                       ----------     ----------

Net cash used in operating activities                  $(122,411)     $ (86,636)

Cash flows from investing activities:
         Payments on loans receivable                     16,167         14,819

Cash flows from financing activities:
         Proceeds from officer loan                        5,084              -
         Proceeds from convertible/
            common stock                                  90,000         15,000
         Loan payable - related party                     (1,500)             -
         Payments on long term debt                            -        (21,363)
         Proceeds from long term debt                          -         40,000
         Checks outstanding in excess of bank
            balance                                          533         (8,592)

    Net cash provided by financing activities             94,117         25,045
                                                       ----------     ----------

Net decrease in cash and equivalents                     (12,127)       (46,772)
                                                       ----------     ----------

Cash at beginning of period                               16,431         47,470
                                                       ----------     ----------

Cash at end of period                                  $   4,304      $     698
                                                       ==========     ==========



           -See accompanying notes to condensed financial statements-


                                       4
<PAGE>


                              TMANGLOBAL.COM, INC.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS
                                   (UNAUDITED)


NOTE 1 - BASIS OF PRESENTATION
------------------------------

         The accompanying unaudited condensed financial statements of
TMANglobal.com, Inc., a Florida corporation (the "Company") have been prepared
in accordance with generally accepted accounting principles for interim
financial information and Regulation S-B. Accordingly, they do not include all
of the information and footnotes required for complete financial statements.

         In the opinion of management, all adjustments (consisting of normal
recurring accruals) considered necessary for a fair presentation of the results
for the interim periods presented have been included. Operating results have
been determined on the basis of generally accepted accounting principles and
practices applied consistently with those used in the preparation of the
Company's Annual Financial Statements for the year ended September 30, 2000.
Operating results for the nine months ended June 30, 2001 are not necessarily
indicative of the results that may be expected for the year ending September 30,
2001.

         It is recommended that the accompanying condensed financial statements
be read in conjunction with the financial statements and notes for the year
ended September 30, 2000, found in the Company's Form 10-KSB.

NOTE 2 - DISCONTINUANCE OF OPERATIONS
-------------------------------------

         During the quarter ended March 31, 2001, the Company terminated all of
its operations. Currently, the Company maintains no operations, employs no
part-time or full time employees and engages in no promotional or sales
activities. As of the same date, the Company has no source of revenue or income.
However, the Company has costs associated with its continued existence as an
Exchange Act reporting company. In addition, (1) the Company's officers and
directors resigned, (2) new directors were appointed to the Board of Directors,
and (3) a new president and chief executive officer was appointed by the Board
of Directors. (Also see Note 5).

NOTE 3 -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
----------------------------------------------------

USE OF ESTIMATES

         The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and
disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the period.
Actual results could differ from those estimates.

                                       5
<PAGE>

                              TMANGLOBAL.COM, INC.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS
                                   (UNAUDITED)


BASIC LOSS PER SHARE

         Basic loss per share is computed by dividing the net loss by the
weighted average number of shares of a common stock outstanding during the year.
Common stock equivalents are not included in the weighted average calculation
since their effect would be anti-dilutive.

CASH AND CASH EQUIVALENTS

         For purposes of the statements of cash flows, the Company considers all
cash and other demand deposits to be cash and cash equivalents. As of June 30,
2001, the Company had no cash equivalents.

NOTE 4 - SUBSEQUENT EVENTS
--------------------------

         During the second quarter ended March 31, 2001, the Company issued
$139,759 of convertible notes in settlement of accounts payable, accrued
expenses and due to stockholders. In addition, an additional $90,000 of
convertible notes were issued for cash. A summary of the convertible notes is as
follows:

         Due to stockholders, interest rate of 10%, due
           January 31, 2003, convertible into common
           stock at $.03 per share                                   $   79,000

         Due to unrelated parties, interest rate of 12%,
           due on demand, convertible into common
           stock at $.01 per share                                       60,000

         Due to unrelated parties, interest rate of 12%,
           due on demand, convertible into common
           stock at $.03 per share                                       42,759

         Due to unrelated parties, interest rate of 10%,
           due January and February, 2002, convertible
            into common stock at $.01 per share                          30,000

         Due to unrelated parties, interest rate of 0%,
           due February 28, 2002, convertible into common
           stock at $.03 per share                                       18,000
                                                                     -----------
                                                                     $  229,759

         Certain of the above issuances were considered to have an embedded
beneficial conversion feature because the conversion price was less than the
quoted market price. Accordingly, the beneficial conversion feature was valued
separately and the intrinsic value, essentially interest, was recorded as a
charge to operations in the amount of $90,000 with a corresponding credit to
additional paid-in capital.

                                       6
<PAGE>


                              TMANGLOBAL.COM, INC.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS
                                   (UNAUDITED)


         In addition, the Company assigned the balance of the FSGH promissory
note receivable in payment of incurred legal services.

         In January 2001, the Company reduced the option price on its
outstanding options to $.01 per share while reducing the number of options
outstanding among its option holders. In addition, the expiration date of the
options was changed to January 31, 2001. Accordingly, 3,048,500 shares of common
stock were issued to option holders who elected to exercise. Because the
exercise price was less than the quoted market price, $60,970 was charged to
operations during the quarter ended March 31, 2001 relating to this price
difference.

         During the third quarter ended June 30, 2001, the Company's President
and Chief Executive Officer loaned $5,084 to the Company. The advance loan bears
no interest and has no due date.

NOTE 5 - MANAGEMENT'S CONSIDERATION OF GOING CONCERN MATTERS
------------------------------------------------------------

         As shown in the accompanying financial statements, the Company incurred
a net loss of $277,512 during the nine months ended June 30, 2001. In addition,
the Company does not expect to generate any working capital or cash flow
sufficient to fund its future business activities, if any. The ability of the
Company to continue as a going concern is dependent on (1) the Company's ability
to develop a sustainable alternative business model to replace the current one,
and (2) the Company's ability to obtain additional financing to fund such
alternative business model. There can be no assurance that the Company's efforts
to find such alternative model will be successful nor can there be any assurance
that such model will be economically viable. The financial statements do not
include any adjustments that might be necessary if the Company is unable to
continue as a going concern.



                                       7
<PAGE>


ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

         The following discussion and analysis of the results of operations and
financial condition of TMANglobal.com, Inc. should be read in conjunction with
the information contained in the consolidated financial statements and notes
thereto appearing elsewhere herein and in conjunction with the Management's
Discussion and Analysis set forth in the Company's Form 10-KSB filing for the
year ended September 30, 2000.

FORWARD LOOKING INFORMATION

         CERTAIN STATEMENTS CONTAINED HEREIN ARE NOT BASED ON HISTORICAL FACTS,
BUT ARE FORWARD-LOOKING STATEMENTS THAT ARE BASED UPON NUMEROUS ASSUMPTIONS
ABOUT FUTURE CONDITIONS THAT COULD PROVE NOT TO BE ACCURATE. ACTUAL EVENTS,
TRANSACTIONS AND RESULTS MAY MATERIALLY DIFFER FROM THE ANTICIPATED EVENTS,
TRANSACTIONS OR RESULTS DESCRIBED IN SUCH STATEMENTS. THE COMPANY'S ABILITY TO
CONSUMMATE SUCH TRANSACTIONS AND ACHIEVE SUCH EVENTS OR RESULTS IS SUBJECT TO
CERTAIN RISKS AND UNCERTAINTIES. SUCH RISKS AND UNCERTAINTIES INCLUDE, BUT ARE
NOT LIMITED TO, THE EXISTENCE OF DEMAND FOR AND ACCEPTANCE OF THE COMPANY'S
PRODUCTS AND SERVICES, REGULATORY APPROVALS AND DEVELOPMENTS, ECONOMIC
CONDITIONS, THE IMPACT OF COMPETITION AND PRICING, RESULTS OF FINANCING EFFORTS
AND OTHER FACTORS AFFECTING THE COMPANY'S BUSINESS THAT ARE BEYOND THE COMPANY'S
CONTROL.

         THE COMPANY UNDERTAKES NO OBLIGATION AND DOES NOT INTEND TO UPDATE,
REVISE, OR OTHERWISE PUBLICLY RELEASE THE RESULTS OF ANY REVISIONS TO THESE
FORWARD-LOOKING STATEMENTS THAT MAY BE MADE TO REFLECT FUTURE EVENTS OR
CIRCUMSTANCES.

OVERVIEW

         TMANglobal.com, Inc. ("TMAN" or the "Company"), a corporation formed
under the laws of the State of Florida, is the result of a merger between FSGI
Corporation and The Martial Arts Network On-Line, Inc. ("TMAN On-Line") on
December 21, 1998 (for accounting purposes the transaction was effective on
January 1, 1999). On January 12, 2001 the Company ceased substantially all of
its Internet operations and suspended all activities of its e-commerce segment
in addition to terminating all employees as of January 31, 2001. As of the same
date, the Company has no source of revenue or income.

         The Company experienced a net loss of $434,473 during the year ended
September 30, 2000, and a net loss of $277,512 for the nine months ended June
30, 2001, and had negative cash flows from operations for the year ended
September 30, 2000 and the nine months ended June 30, 2001. The Company
experienced no loss from discontinued operations during the fiscal quarter ended
June 30, 2001, since TMAN's net loss for the same fiscal period was limited to
the Company's general and administrative expenses and interest expense only. The
Company's management expects that the Company will continue to experience losses
from discontinued operations during the current fiscal year.

                                       8
<PAGE>

         Currently, the Company maintains no operations, employs no part-time or
full-time employees and engages in no promotional or sales activities. There
have been no changes, material or otherwise, in operations or structure of the
Company since the filing of the last quarterly report on Form 10-QSB for the
period ending March 31, 2001 through the period covered by this report. However,
the Company continues to incur expenses associated with its continued existence
as an Exchange Act reporting company. There is no assurance that the Company
will be able to meet these maintenance expenses or to maintain its reporting
status under the Exchange Act. Further, there can be no assurance that the
Company will be able to secure requisite financing to meet these expenses, or,
if available, such financing would be obtained on terms favorable to the
Company.

         The Company's management is actively seeking merger or consolidation
opportunities, but no formal arrangement has been materialized as of the period
covered by this report.

RESULTS OF OPERATIONS - THREE-MONTH PERIOD ENDED JUNE 30, 2001 AND 2000

         During the three-month period ended June 30, 2001, the Company's
revenues had no revenues as compared to $8,185 for the similar period in 2000.
This decrease was directly attributable to the Company's decision to permanently
shut down its SuperMall, the Company's e-commerce segment and World Wide Web
sales outlet, on January 31, 2001. As the Company ceased all of its sales
operations, there was no cost associated with sales for the three-month period
ended June 30, 2001, as compared to $5,699 for the three-month period ended June
30, 2000, a decrease of $5,699.

         General and administrative expenses for the three-month period ended
June 30, 2001 were $8,228 as compared to $179,054 for the same period ended June
30, 2000. This substantial decrease was directly related to the management's
determination to reduce the Company's overhead and administrative expenses to a
minimum, including no current spending on the Company's infrastructure and
growth needs. The Company suffered a net loss of $16,513 (which constituted no
loss per share) during the three-month period ended June 30, 2001 as compared to
a net loss of $277,512 (or loss of $.03 per share) for the similar period in
2000.

LIQUIDITY AND CAPITAL RESOURCES

         As of June 30, 2001, the Company's cash (the Company's only asset as of
the same date) and total asset balance was $4,304. Operating activities during
the nine-month period ended June 30, 2001 accounted for the use of $122,411, as
compared to $86,636 used during the same period ended June 30, 2000. The Company
has been unable to fund its cash flow needs on an on-going basis as TMAN has
effectively ceased all of its operations as of January 12, 2001. The Company's
liquidity shortfalls from operations during the nine months ended June 30, 2001
have been funded through several transactions with principal shareholders and
officers of the Company, as well as the periodic suspension of compensation to
its officers.

                                       9
<PAGE>

         As the Company terminated all of its operations, the Company does not
expect to generate any working capital or cash flow sufficient to fund its
future business activities, if any, during the twelve months following the date
hereof. During the nine-month period ended June 30, 2001, the Company realized a
net loss of $277,512. The Company experienced no loss from discontinued
operations for the nine-month period ended June 30, 2001. The Company expects to
continue to incur expenses associated with its continued existence as an
Exchange Act reporting company. discontinued operations through the fiscal year
ended September 30, 2001. The ability of the Company to fund its future business
activities, if any, during the next twelve months will largely be dependent on
both (1) the Company's ability to develop a sustainable alternative business
model to replace the current one, and (2) the Company's ability to obtain
additional financing to fund such alternative business model. There is no
assurance that the management of the Company will be able to design such
alternative model. There is also no assurance that such model will be
economically viable should management design such a plan in the near future.

SUBSEQUENT EVENTS

         On January 12, 2001, the TMAN Board of Directors voted to close the
Bangkok office and terminate all the Company's employees as of January 31, 2001.
As of March 31, 2001, the SuperMall is permanently closed. TMAN's Board of
Directors has been working with the Company's existing creditors to satisfy the
Company's debts by converting the Company's current debt into equity, including
converting the back salaries of its principals into convertible promissory
notes.

         As of June 30, 2001, TMAN has sold all of its martial arts-related
properties back to The Martial Arts Network, Inc. in exchange for the
cancellation of all remaining indebtedness to the parent company.

                           PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

         TMANglobal.com is party to various legal proceedings arising in the
ordinary course of business. The Company believes there is no proceeding, either
threatened or pending, against it that could result in a material adverse effect
on its results of operations or financial condition.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

         None.

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

(a)      EXHIBITS.

         None.

(b)      REPORTS ON FORM 8-K.

         None.



                                       10
<PAGE>


                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Company has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.

                                          TMANglobal.com, Inc.

                                          By: /s/ Robert J. Carlin
                                              ----------------------------------
                                              Robert J. Carlin,
                                              President, Chief Executive Officer


Date:  August 13, 2001





                                       11

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