As filed with the Securities and Exchange Commission on October 29, 2003

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

                                   FORM 10-QSB

(Mark One)

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

                    For the quarter ended September 30, 2003

                                       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 333-91356

                            Old Goat Enterprises Inc.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

               Nevada                                        98-0374121
-------------------------------------                ---------------------------
   State or other jurisdiction of                           (I.R.S. Employer
   incorporation or organization                           Identification No.)

                 4526 Neville Street Burnaby B.C. Canada V5J 2G8
--------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code (604) 435-9071

          Securities registered pursuant to Section 12(b) of the Act:

      Title of each class           Name of each exchange on which registered
             None                                      None
---------------------------------          ---------------------------
           Securities registered pursuant to Section 12(g) of the Act:
                    Common Stock, par value $.00001 per share
--------------------------------------------------------------------------------
                                (Title of class)

     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
                                             ---  ---



                                       1



Number of shares  outstanding  of the  registrant's  class of common stock as of
October 23, 2003: 35,500,000

Authorized share capital of the registrant: 75,000,000 common shares , par value
of $0.001

The Company recorded $nil revenue for the quarter ended September 30, 2003.

                           FORWARD-LOOKING STATEMENTS


THIS QUARTERLY REPORT ON FORM 10-QSB CONTAINS PREDICTIONS, PROJECTIONS AND OTHER
STATEMENTS ABOUT THE FUTURE THAT ARE INTENDED TO BE "FORWARD-LOOKING STATEMENTS"
WITHIN THE MEANING OF SECTION 21E OF THE  SECURITIES  EXCHANGE  ACT OF 1934,  AS
AMENDED (COLLECTIVELY, "FORWARD-LOOKING STATEMENTS"). FORWARD-LOOKING STATEMENTS
INVOLVE  RISKS AND  UNCERTAINTIES.  A NUMBER OF  IMPORTANT  FACTORS  COULD CAUSE
ACTUAL  RESULTS  TO  DIFFER   MATERIALLY  FROM  THOSE  IN  THE   FORWARD-LOOKING
STATEMENTS. IN ASSESSING FORWARD-LOOKING  STATEMENTS CONTAINED IN THIS QUARTERLY
REPORT ON FORM  10-QSB,  READERS  ARE  URGED TO READ  CAREFULLY  ALL  CAUTIONARY
STATEMENTS  - INCLUDING  THOSE  CONTAINED  IN OTHER  SECTIONS OF THIS  QUARTERLY
REPORT ON FORM 10-QSB.  AMONG SAID RISKS AND  UNCERTAINTIES IS THE RISK THAT THE
COMPANY WILL NOT SUCCESSFULLY  EXECUTE ITS BUSINESS PLAN, THAT ITS MANAGEMENT IS
ADEQUATE TO CARRY OUT ITS BUSINESS PLAN AND THAT THERE WILL BE ADEQUATE  CAPITAL
OR THEY MAY BE UNSUCCESSFUL FOR TECHNICAL, ECONOMIC OR OTHER REASONS.


                                       2




                               TABLE OF CONTENTS
                                                                     Page Number


PART I - FINANCIAL INFORMATION

  ITEM 1.   FINANCIAL STATEMENTS

      Balance Sheets...........................................................4

      Statements of Operations.................................................5

      Statement of Stockholder's Equity........................................6

      Statements of Cash Flows.................................................7

      Notes to the Financial Statements....................................8 - 9

  ITEM 2. MANAGEMENT'S PLAN OF OPERATION.......................................9

  ITEM 3. CONTROLS AND PROCEDURES.............................................11

PART II - OTHER INFORMATION

  ITEM 1. LEGAL PROCEEDINGS...................................................12

  ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS...........................12

  ITEM 3. DEFAULTS UPON SENIOR SECURITIES.....................................12

  ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.................12

  ITEM 5. OTHER INFORMATION...................................................12

  ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K....................................13

  SIGNATURES..................................................................13



                                       3


OLD GOAT ENTERPRISES, INC.
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEETS


                                                 September 30, 2003    March 31, 2003
                                                 ------------------ -----------------
                                                      (UNAUDITED)
                                                                     
ASSETS

Current Assets
  Cash                                             $         24,679  $          4,264
  Prepaid expenses                                              493                 -
                                                 ------------------ -----------------
Total Assets                                       $         25,172  $          4,264
                                                 ================== =================

LIABILITIES & STOCKHOLDERS' EQUITY

Current Liabilities
  Accounts payable                                 $          2,760  $              -

                                                 ------------------ -----------------
Total Liabilities                                             2,760                 -
                                                 ------------------ -----------------
Stockholders' Equity

  Authorized Common stock:
  75,000,000 shares with a par value of $0.001

  Issued and outstanding:
  35,500,000 and 2,800,000 shares respectively.               3,550             2,800
  Additional paid-in capital                                 90,450            16,200
  Deficit accumulated during the
  development stage                                         (71,588)          (14,736)
                                                 ------------------ -----------------
     Total Stockholders' Equity                              22,412             4,264
                                                 ------------------ -----------------
Total Liabilities and Stockholders' Equity         $         25,172  $          4,264
                                                  ================== =================


NATURE OF OPERATIONS (NOTE 1)

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


                                       4


OLD GOAT ENTERPRISES, INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF OPERATIONS
(UNAUDITED)


                                           Cumulative amounts from Date             Six month period
                                               of Incorporation on                 ended September 30
                                                April 23, 2002 to                     (see Note 2)
                                                September 30, 2003                  2003          2002
                                               --------------------             ------------  ------------
                                                                                         
Operating Expenses
   Bank charges                                   $             698              $       577  $         64
   Marketing                                                 33,307                   33,307             -
   Office and administration                                  4,947                    4,682           265
   Organizational costs                                       1,000                        -         1,000
   Professional fees                                         25,719                   13,869         7,850
   Web site operations and development                        5,917                    4,417         1,500
                                                       ------------             ------------  ------------
Loss Before Other Expenses                                  (71,588)                 (56,852)      (10,679)

                                                       ------------             ------------  ------------
Net Loss for the Period                                     (71,588)                 (56,852)      (10,679)
                                                       ------------             ------------  ------------

Basic and Deluded Loss Per Common Share                           -              $         -  $          -
                                                       ============             ============  ============

Weighted average number of common shares
outstanding adjusted for the 10 for 1 forward
split on September 22, 2003 (Note 4)                     29,213,333               34,311,480    24,762,500
                                                       ============             ============  ============


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


                                       5


OLD GOAT ENTERPRISES, INC
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF STOCKHOLDERS' EQUITY
(UNAUDITED)


                                                                                   Deficit
                                                                                 Accumulated
                                             Common Stock         Additional      During the        Total
                                         Shares         Amount      Paid-in       Development   Stockholders'
                                                                    Capital         Stage          Equity
                                     ------------- ------------- -------------  ------------- ---------------
                                                                                    
Inception, April 23, 2002                        -  $          -  $          -   $          -  $            -

Issuance of common stock                 2,800,000         2,800        16,200              -          19,000

Net loss for the year                            -             -             -        (14,736)        (14,736)
                                     ------------- ------------- -------------  ------------- ---------------

Balance, March 31, 2003                  2,800,000         2,800        16,200        (14,736)          4,264

Issuance of common stock                   750,000           750        74,250              -          75,000
(Note 4)
10 for 1 forward split of issued
and outstanding shares                  31,950,000             -             -              -               -
(Note 4)

Net loss for the period                          -             -             -        (56,852)        (56,852)
                                     ------------- ------------- -------------  ------------- ---------------

Balance, September 30, 2003             35,500,000  $      3,550  $     90,450  $     (71,588) $       22,412
                                     ============= ============= ============= ============== ===============



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



                                       6




OLD GOAT ENTERPRISES, INC
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF CASH FLOWS
(UNAUDITED)


                                                      Cumulative Amounts From        Six month period
                                                      Date of Incorporation on       ended September 30
                                                          April 23, 2002 to             (see Note 2)
                                                         September 30, 2003         2003            2002
                                                         --------------      -------------   -------------
                                                                                            
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss for the Period                                 $       (71,588)     $     (56,852)   $    (10,679)
Adjustments to reconcile net loss to net
cash used in operating activities
     Increase in prepaid expenses                                  (493)              (493)              -
     Increase in accounts payable                                 2,760              2,760               -
                                                         --------------      -------------   -------------

NET CASH USED IN OPERATING ACTIVITIES                           (69,321)           (54,585)        (10,679)
                                                         --------------      -------------   -------------
CASH FLOWS FROM FINANCING ACTIVITIES
     Proceeds from issuance of common stock                      94,000             75,000          19,000
                                                         --------------      -------------   -------------
NET CASH PROVIDED BY FINANCING ACTIVITIES                        94,000             75,000          19,000
                                                         --------------      -------------   -------------

NET INCREASE IN CASH                                             24,679             20,415           8,321

CASH AT BEGINNING OF PERIOD                                           -              4,264               -
                                                         --------------      -------------   -------------
CASH AT END OF PERIOD                                  $         24,679          $  24,679   $       8,321
                                                         ==============      =============   =============


SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS
     Cash paid for income taxes                         $             -      $           -   $           -

     Cash paid for interest                             $             -      $           -   $           -


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


                                       7



OLD GOAT ENTERPRISES, INC
(A DEVELOPMENT STAGE COMPANY)
NOTES TO THE FINANCIAL STATEMENTS
SEPTEMBER 30, 2003
(UNAUDITED)


1. DEVELOPMENT STAGE ENTERPRISES

     The Company was incorporated on April 23, 2002 under the laws of Nevada and
     is considered a development stage company. It has not generated significant
     revenues  from  operations.  The Company is pursuing  opportunities  in the
     development  of a business as a  distributor  of  specialty  personal  care
     products.

     In the opinion of management, the accompanying financial statements contain
     all adjustments necessary (consisting only of normal recurring accruals) to
     present  fairly  the  financial   information   contained  therein.   These
     statements  do not include all  disclosure  required by generally  accepted
     accounting principles in the United States of America and should be read in
     conjunction  with the audited  financial  statements of the Company for the
     year ended March 31, 2003.  The results of operations  for the period ended
     September  30,  2003 are not  necessarily  indicative  of the results to be
     expected for the year ending March 31, 2004.

2. COMPARATIVE RESULTS

     Comparative  results for the six months ended  September  30, 2002 are from
     the date of incorporation on April 23, 2002.

3. GOING CONCERN

     The Company's  financial  statements are prepared using generally  accepted
     accounting principles in the United States of America applicable to a going
     concern,  which  contemplates  the realization of assets and liquidation of
     liabilities in the normal course of business.  However,  the Company has no
     current source of revenue.  Without  realization of additional  capital, it
     would be  unlikely  for the Company to  continue  as a going  concern.  The
     Company's ability to continue as a going concern is dependent on additional
     cash financings,  and,  ultimately,  upon achieving  profitable  operations
     through the development of its business.  These financial statements do not
     include  any  adjustments  that would be  necessary  should the  Company be
     unable to continue as a going concern. Such adjustments could be material.

                                                       September 30   March 31
                                                          2003          2003
                                                          ----          ----
     Deficit accumulated during the development stage    (71,588)     (14,736)
     Working capital                                      22,412        4,264


4. COMMON STOCK

     The Company's  authorized common stock consists of 75,000,000 shares with a
     par value of $0.001 per share.  All shares  have equal  voting  rights and,
     when validly  issued and  outstanding,  are entitled to one  non-cumulative
     vote per share in all matters to be voted upon by stockholders.  The shares
     have no pre-emptive,  subscription, conversion or redemption rights and may
     be issued  only as fully  paid and  non-assessable  shares.  Holders of the
     common  stock  are  entitled  to equal  rateable  rights to  dividends  and


                                       8


     distributions  with respect to the common stock,  as may be declared by the
     Board of Directors out of funds legally available.

     On April 30, 2003, the Company  completed a public  offering under its SB-2
     Registration  Statement. It issued 750,000 shares of common stock for $0.10
     per share, or $75,000 under share subscriptions  received in advance of the
     completion.

     On September  8, 2003 the Board of  Directors of the Company  approved a 10
     for 1 forward stock split of the Company's  issued and  outstanding  common
     stock.  Nine  additional  shares were  issued,  for every  share  held,  to
     stockholders of record on September 22, 2003. The result was an increase in
     the number of issued and outstanding shares from 3,550,000 to 35,500,000.

5. SEGMENTED INFORMATION

     The Company's operations have been conducted as one reportable segment.

ITEM 2. MANAGEMENT'S PLAN OF OPERATION


Old Goat Enterprises Inc. was incorporated under the laws of the state of Nevada
on April 23, 2002. The Company's fiscal year end is March 31.

On  December  24,  2002  our  Form  SB-2  registration  statement  was  declared
effective.  We closed the offering on April 30, 2003, raising a total of $75,000
for the sale of 750,000  shares at a price of $0.10 per share.  The offering was
fully subscribed for. On September 24, 2003, our common stock commenced  trading
on the Over the Counter  Electronic  Bulletin  Board  under the  trading  symbol
"OGTE.BB."

We currently  have no revenue from  operations,  we are in a start-up phase with
our existing assets and we have no significant  assets,  tangible or intangible.
There can be no assurance that we will generate  revenues in the future, or that
we will be able to operate profitably in the future, if at all. We have incurred
net losses in each fiscal year since inception of our operations.

We are in the  preliminary  stages of  creating  a  business  as a  retailer  of
specialty  personal care  products.  These  products are designed for the use of
consumers who are sensitive to certain chemical additives commonly found in mass
produced personal care products.  Our Company intends to sell products that will
provide customers with alternative  products that have been manufactured without
certain compounds that may cause irritation for the consumer.

We are  initially  planning to offer two parallel  types of products for sale to
consumers.  The first is a line of  specialty  products  based on the  naturally
moisturizing  properties of goat's milk.  This  by-product of the  production of
milk,  cheese and yogurt is a super-rich  milk and is  appropriate  for cosmetic
uses. It is believed that the goat's milk contains naturally  occurring proteins
and compounds that are absorbed by the skin, resulting in a natural moisturizing
effect.  This  product  line may  consist  of goat's  milk  soaps,  goat's  milk
moisturizing lotions, goat's milk body wash and goat's milk foaming milk bath.

The second is an  assortment  of  personal  care  products  that do not  contain
certain  chemical  compounds  believed to be  irritants to the  consumers.  If a
consumer  believes that certain  chemical  compounds found in body care products
are irritants to their skin, they will be able to purchase  alternative personal
care products that are manufactured using different methods and ingredients.

                                       9


During the second quarter, we completed  additional  improvements to our website
to provide more specific  information  about our products.  Without  significant
additional capital for awareness advertising, we are finding that it is doubtful
that we will be able to drive  traffic to our website  and provide a  profitable
level of sales.  A major supplier of the goats milk product has also changed its
strategy to  aggressively  pursue direct retail  sales.  This may  significantly
impact our ability to develop a successful  business plan around these products.
As an alternative,  we have  undertaken  initiatives to identify and potentially
develop relationships with distributors in middle eastern countries and in other
parts of the  world.  During  the  quarter,  we  started  a  program  to  obtain
regulatory approval to sell the products in Israel,  where goats milk properties
are  well  known.  There  can be no  assurance  that we will  be  successful  in
developing a market for these products.

We are also  actively  evaluating  other  opportunities  that would  potentially
enhance  stockholder  value and  improve  the  company's  chances in  attracting
additional capital.

In order to continue with our business plan, we will likely  require  additional
equity  or  debt  funding  within  approximately  6-9  months.  There  can be no
assurance we will be successful in obtaining  additional  financing on favorable
terms,  if at all. We have limited  funds to maintain our own ongoing  expenses.
Without an infusion  of new  capital,  we will not be able to  maintain  current
operations beyond these periods.

Management Discussion and Analysis

The following discussion of the plan of operation,  financial condition, results
of  operations,  cash flows and  changes in  financial  position  of our Company
should be read in  conjunction  with our most recent  financial  statements  and
notes  appearing  elsewhere  in this Form  10-QSB;  and our 10-KSB for March 31,
2003.

At September  30, 2003, we had working  capital of $22,412,  compared to working
capital of $4,264 at March 31, 2003.

At September 30, 2003, our total assets consisted of $24,679 of cash and $493 of
prepaid  expenses.  This compares with total assets at March 31, 2003 consisting
solely of cash of $4,264.

At September 30, 2003,  our total current  liabilities  increased to $2,760 from
$nil at March 31, 2003, for accounts payable.

We have not had revenues  from  inception.  Although  there may be  insufficient
capital to execute our  business  plan,  we expect to survive  with funding from
sales of securities and, as necessary or from shareholder loans.

We do not anticipate making any major purchases of capital assets in the next 12
months,  or  conducting  any  research  and  development  directly.  Our current
corporate  employee  count is only  likely to change if we can raise  additional
capital, and open a retail operation.

Results of Operations

Our company  posted  losses of $56,852 for the six months  ended  September  30,
2003,  compared  with the losses of $10,679 for the  comparable  period in 2002.
From  inception  to  September  30,  2003 we  incurred  losses of  $71,588.  The
principal  component of losses for the six month period ended September 30, 2003
was marketing  expenses of $33,307,  professional fees of $13,869 and $4,417 for
website  development.  Our  marketing  expenses  include  costs for the  review,


                                       10


selection and negotiation  with potential  distributors and for samples provided
to potential distributors.


ITEM 3. CONTROLS AND PROCEDURES

Under the supervision and with the  participation  of our management,  including
our  principal  executive  officer  and  principal  financial  officer,  we have
evaluated  the  effectiveness  of the design  and  operation  of our  disclosure
controls  and  procedures  within 90 days of the filing  date of this  quarterly
report,  and, based on their  evaluation,  our principal  executive  officer and
principal  financial  officer have  concluded that these controls and procedures
are effective.  There were no significant changes in our internal controls or in
other factors that could  significantly  affect these controls subsequent to the
date of their evaluation.

Disclosure  controls and procedures are our controls and other  procedures  that
are  designed to ensure that  information  required to be disclosed by us in the
reports  that we file or submit  under the  Securities  Exchange  Act of 1934 is
recorded, processed,  summarized and reported, within the time periods specified
in the Securities and Exchange Commission's rules and forms. Disclosure controls
and procedures include, without limitation,  controls and procedures designed to
ensure that  information  required to be  disclosed by us in the reports that we
file under the Securities  Exchange Act of 1934 is accumulated and  communicated
to our  management,  including  our  principal  executive  office and  principal
officer, as appropriate to allow timely decisions regarding required disclosure.


                                       11


PART II - OTHER INFORMATION


ITEM 1. LEGAL PROCEEDINGS

None.


ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

On April 30,2003 we completed our offering for 750,000 shares of common stock of
our company at a price of $0.10 per share.  The shares were offered under a SB-2
made effective  December 24, 2002. The offering was fully  subscribed for and we
received $75,000.00 in cash.

On September  8, 2003 the Board of Directors of the Company  approved a 10 for 1
forward stock split of the Company's issued and outstanding  common stock.  Nine
additional  shares were issued,  for every share held, to stockholders of record
on September  22,  2003.  The result was an increase in the number of issued and
outstanding shares from 3,550,000 to 35,500,000.


ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

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

On August 11, 2003 the stockholders of the Company approved by unanimous written
consent,  the  adoption  of  the  Company's  2003  Employees/Consultants   Stock
Compensation Plan. The Plan is attached as Exhibit 10.2.


ITEM 5. OTHER INFORMATION

On September 8, 2003,  our Board of Directors'  appointed Ms. Lois  Meisinger as
our new Chief Executive Officer. She has extensive, hands on business experience
and since 1982,  has been a partner or sole owner of several  private  companies
involved in retail and  industrial  operations.  Over the last five  years,  her
business activities were as follows:

High-rise window washing
         Formed 1993       sold 2000        100% ownership interest
Marina/pub/fine dining restaurant
         Bought 1995       sold 2001        50% ownership interest
Dry cleaning plants
         Formed 1980       sold 2001        80% ownership interest
         Bought 2000       sold 2003        25% ownership interest
Trucking company
         Bought 1995       closed 2000      50% ownership interest
Logging company
         Bought 1995       sold 2003        25% ownership interest
Bookkeeping business
         Formed 1979       closed 2000      100% ownership interest
Mechanical service company
         Formed 1980       sold 2000        50% ownership interest

She holds a B.Ed degree from the  University  of Alberta,  which she obtained in
1971. Ms. Meisinger's  appointment followed the resignation as CEO by Mr. Dennis
Cox. Mr. Cox is remaining as a director.

                                       12


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


(a) Pursuant to Rule 601 of Regulation  SB, the following  exhibits are included
herein or incorporated by reference.


    Exhibit
    Number        Description
    -------       ------------

     3.1          Articles of Incorporation*
     3.2          By-laws*
    10.1          Form of Subscription Agreement*
    10.2          2003 Employees/Consultants Stock Compensation Plan

*    Incorporated  by reference to our SB2  Registration  Statement  Amendment 4
     filed on December 24, 2002, SEC File Number 333-91356.

    31.1 CERTIFICATION OF CEO PURSUANT TO 18 U.S.C. ss. 1350, SECTION 302
    31.2 CERTIFICATION  OF CFO PURSUANT TO 18 U.S.C. ss. 1350, SECTION 302
    32.1 CERTIFICATION  PURSUANT  TO 18 U.S.C.  ss.1350,  SECTION 906
    32.2 CERTIFICATION  PURSUANT  TO 18 U.S.C.  ss. 1350, SECTION 906

      Reports on Form 8-K

Filed  September  11,  2003  describing  the 10 for 1  forward  stock  split for
stockholders  of record on September  22, 2003 and the  appointment  of Ms. Lois
Meisinger as President and CEO of the Company.


SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf  by the  undersigned,  thereunto  duly  authorized,  on this  23rd day of
October, 2003. OLD GOAT ENTERPRISES INC.


Date: October 23, 2003                            By: /s/Lois Meisinger
                                                         -------------------
                                                         Lois Meisinger
                                                         President/CEO

                                                  By: /s/Laurel Blanchard
                                                         -------------------
                                                         Laurel Blanchard
                                                         Chief Financial Officer

                                       13