-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 HbRVt0ApenROTukWHqJZRBkNZweZDS3rQFHgZhd5MmTs245dLPjxfB0npK894n3T
 Z/aKunsLK4spHPSmjIXPZg==

<SEC-DOCUMENT>0000950147-03-000714.txt : 20030610
<SEC-HEADER>0000950147-03-000714.hdr.sgml : 20030610
<ACCEPTANCE-DATETIME>20030609195022
ACCESSION NUMBER:		0000950147-03-000714
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030609
FILED AS OF DATE:		20030610

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CANNON KEITH
		CENTRAL INDEX KEY:			0001144784

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28221
		FILM NUMBER:		03738115

	BUSINESS ADDRESS:	
		STREET 1:		C/O IMPERIAL FINANCIAL PRINTING
		STREET 2:		7100 EAST LINCOLN DR. #230
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85253

	MAIL ADDRESS:	
		STREET 1:		C/O IMPERIAL FINANCIAL PRINTING
		STREET 2:		7100 EAST LINCOLN DR. #230
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85253

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			M B A HOLDINGS INC
		CENTRAL INDEX KEY:			0001097273
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				870522680
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1031

	BUSINESS ADDRESS:	
		STREET 1:		9419 E SAN SALVADOR
		STREET 2:		SUITE 105
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258-5510
		BUSINESS PHONE:		480-860228

	MAIL ADDRESS:	
		STREET 1:		9419 E SAN SALVADOR
		STREET 2:		SUITE 105
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258-5510
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>e-10087_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   04/22/03  TZ    -->
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-06-09</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001097273</issuerCik>
        <issuerName>M B A HOLDINGS INC</issuerName>
        <issuerTradingSymbol>MBAI</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
      <reportingOwnerId>
            <rptOwnerCik>0001144784</rptOwnerCik>
            <rptOwnerName>CANNON KEITH</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
       </reportingOwnerRelationship>
   </reportingOwner>
   <nonDerivativeSecurity>
      <securityTitle>
         <value>M.B.A. Holdings, Inc. Common</value>
      </securityTitle>
      <transactionDate>
         <value>2003-06-09</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>P</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>1000</value>
         </transactionShares>
         <transactionValue>
           <value>1.50</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
     <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>98454</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeSecurity>
   <nonDerivativeSecurity>
      <securityTitle>
         <value>M.B.A. Holdings, Inc. Common</value>
      </securityTitle>
      <transactionDate>
         <value>2003-06-09</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>P</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>2500</value>
         </transactionShares>
         <transactionValue>
           <value>1.60</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
     <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>100954</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeSecurity>
   <ownerSignature>
      <signatureName>/s/ Keith A. Cannon</signatureName>
      <signatureDate>2003-06-09</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----