SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 10-QSB

(Mark One)

[x]     Quarterly Report under Section 13 or 15 (d) of the Securities Exchange Act of 1934
For the quarterly period ended April 8, 2001.

OR

[  ]     Transition Report Pursuant to Section 13 Or 15 (D) of the Securities Exchange Act Of 1934
Commission file number 0-12701
For the transition period from _______________ to _____________

-----------------------------
CUCOS INC.
(Exact name of small business issuer as specified in its charter)

|LOUISIANA                                          | 72-0915435         
|-------------------------------------------------- | -------------------
|(State or other jurisdiction of                    | (IRS Employer      
|incorporation or organization)                     | Identification No.)
|                                                   |                    
|110 Veterans Blvd., Suite 222, Metairie, Louisiana | 70005              
|(Address of principal executive offices)           | (Zip Code)         

Issuer's telephone number, including area code--504-835-0306

Check whether the issuer: (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Exchange Act during the post 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 [  ]

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date:  2,663,605 shares of common stock, no par value, as of May 2, 2001.

Transitional Small Business Disclosure Format (check one):

Yes [   ]        No [ X ]

PART I--FINANCIAL INFORMATION

ITEM I.        FINANCIAL STATEMENTS

Omission of Financial Statements.

The interim financial statements required to be included in this Form 10-QSB have not been reviewed by independent auditors in accordance with SAS 71, Interim Financial Information, and, accordingly, have been omitted from this Form
10-QSB.  The Company expects to file an amended Form 10-QSB to supply the reviewed interim financial statements.

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

The interim financial statements required to be included in this Form 10-QSB have not been reviewed by independent auditors in accordance with SAS 71, Interim Financial Information, and, accordingly, have been omitted from this Form
10-QSB. The Company expects to file an amended Form 10-QSB to supply the reviewed interim financial statements.

PART II -- OTHER INFORMATION

ITEM 1.        LEGAL PROCEEDING

None, except as previously reported.

ITEM 2.       CHANGES IN SECURITIES.

In August 2000, pursuant to a tender offer to the Company's shareholders, the Jacksonville Restaurant
Acquisition Corp. (JRAC) purchased 1.2 million shares of the Company's Common Stock for $1,200,000 in cash.  During fiscal 2000, JRAC purchased 400,000 shares of convertible Preferred Stock at $1 per share.

ITEM 3.      DEFAULTS UPON SENIOR SECURITIES.

The Company has a credit facility with a commercial lending institution. This credit facility consists of a term loan to be repaid in monthly payments through December 2007, and is secured by the restaurant operating properties.



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

None

ITEM 5.    OTHER INFORMATION.

None

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

a.     Exhibits.

None

b.
Reports on Form 8-K

None.



CUCOS INC.
SIGNATURE

Pursuant to the requirements 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.

|                    |  | CUCOS INC.                          
|------------------- |  | ------------------------------------
|                    |  | (Registrant)                        
|                    |  |                                     
|                    |  |                                     
|Date:  May 23, 2001 |  | By: /s/ James W. Osborn             
|                    |  | James W. Osborn, President and Chief
|                    |  | Executive Officer