SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON D.C. 20549

                                    FORM 10-QSB/A

                   Quarterly Report Under Section 13 or 15 (d)
                     of the Securities Exchange Act of 1934

For the Quarter Ended December 31, 2001        Commission File Number 0 - 18064

                                 BIOSECURE CORP.
                       formerly YES CLOTHING COMPANY, INC.
             (Exact name of registrant as specified in its charter)

                                     Nevada
-------------------------------------------------------------------------------
         (State or other jurisdiction of incorporation or organization)

                                   95-3768671
-------------------------------------------------------------------------------
                           (I.R.S. Employer I.D. No.)

        4695 MacArthur Court, Suite 1450, Newport Beach, California 92660
          (Address of principal executive offices, including zip code)

                                 (949) 475-6743
-------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)

                                       N/A
-------------------------------------------------------------------------------
                 (Former Address, if changed since last report)

                                 (949) 833-2094
-------------------------------------------------------------------------------
             (Former telephone number, if changed since last report)

         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 shorter period that the Company was
required to file such reports), and [2] has been subject to such filing
requirements for the past 90 days.

                                    YES  X      NO


                      APPLICABLE ONLY TO CORPORATE ISSUERS:

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

              Class                          Outstanding at February 20, 2002
  -----------------------------         ---------------------------------------
  Common Stock, $.01 par value                         42,318,158



<PAGE>




                                 BIOSECURE CORP.
                       formerly YES CLOTHING COMPANY, INC.
                                      INDEX

                                                                          Page

                                     PART I

Item 1.   Financial Information

          Consolidated Balance Sheet .........................................3

          Consolidated Statements of Operations and Comprehensive Loss........4

          Consolidated Statements of Cash Flows...............................5

          Notes to Consolidated Financial Statements..........................6

Item 2.   Management's Discussion and Analysis of Financial Condition and
             Results of Operations...........................................12

Item 3.   Quantitative and Qualitative Disclosures about Market Risk.........13


                           PART II. OTHER INFORMATION


Item 1.   Legal Proceedings..................................................13

Item 2.   Changes in Securities..............................................13

Item 3.   Defaults Upon Senior Securities....................................13

Item 4.   Submission of Matters to a Vote of Security Holders................13

Item 5.   Other Information..................................................13

Item 6.   Exhibits and Reports on Form 8-K ..................................13

          Signatures.........................................................14





                                        2

<PAGE>




                                 BIOSECURE CORP.
                       formerly YES CLOTHING COMPANY, INC.
                           CONSOLIDATED BALANCE SHEET
                       As of December 31, 2001 (Unaudited)



<TABLE>

                                     ASSETS
<S>                                                              <C>
Current Assets
   Cash                                                          $      1,730
   Marketable Securities                                                2,804
   Prepaid Expenses                                                   178,978
   Inventory                                                            2,298
                                                                 -------------
      Total current assets                                            185,810
                                                                 -------------
Goodwill - BioProtect (Notes 1 and 5)                                 838,161
                                                                 -------------
      Total assets                                               $  1,023,971
                                                                 =============
                      LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities -
   Accounts payable                                              $     38,443
    Accrued expenses                                                  263,048
    Due to affiliate                                                  223,777
                                                                 -------------
      Total current liabilities                                       525,268
                                                                 -------------
Shareholders' Equity:
   Preferred stock, $.001 par; 25,000,000 shares
     authorized; none issued and outstanding                                -
   Common stock, $.001 par; 975,000,000 shares
     authorized; 40,068,158 issued and outstanding                     40,068
   Additional paid in capital                                      14,657,527
   Accumulated other comprehensive loss                                  (351)
    Accumulated deficit                                           (14,198,541)
                                                                 -------------
      Total shareholders' equity                                      498,703
                                                                 -------------
                                                                 $  1,023,971
                                                                 =============
</TABLE>



         See accompanying notes to these consolidated financial statements.


                                        3

<PAGE>



                                 BIOSECURE CORP.
                       formerly YES CLOTHING COMPANY, INC.
          CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS


<TABLE>
<CAPTION>

                                           For the               For the
                                      Three Months Ended    Nine Months Ended
                                         December 31,           December 31,
                                   ---------------------- ----------------------
                                       2001        2000       2001        2000
                                   ------------ --------- ------------ ---------
                                         (Unaudited)            (Unaudited)
<S>                                <C>          <C>       <C>          <C>

Net sales                          $         -  $      -  $         -  $      -
Expenses:
  General and administrative           194,440    19,843      254,060    77,225
                                   ------------ --------- ------------ ---------
Operating loss                        (194,440)  (19,843)    (254,060)  (77,225)
Other income (expense)
  Interest Income                          125         -          125         -
  Income tax expense                         -      (800)        (800)   (1,600)
                                   ------------ --------- ------------ ---------
Loss before extraordinary items       (194,315)  (20,643)    (254,735)  (78,825)
                                   ------------ --------- ------------ ---------

Extraordinary gain from forgiveness
  of debt                            1,540,737         -    1,540,737   971,000
                                   ------------ --------- ------------ ---------
Net Income (loss)                    1,346,422   (20,643)   1,286,002   892,175
Other comprehensive income (loss):
  Unrealized loss on marketable
    securities                            (351)        -         (351)        -
                                   ------------ --------- ------------ ---------
Comprehensive income (loss)        $ 1,346,071  $(20,643) $ 1,286,651  $892,175
                                   ============ ========= ============ =========
Basic and diluted income (loss)
 per share:
  Loss from continuing operations  $     (0.01) $  (0.11) $     (0.01) $  (0.54)
  Extraordinary gain                      0.05      0.00         0.05      6.60
                                   ------------ --------- ------------ ---------
  Net income (loss)                $      0.04  $  (0.11) $      0.04  $   6.06
                                   ============ ========= ============ =========
Weighted average number of shares
  outstanding
  Basic                             28,406,635   185,656   28,406,635   147,129
  Diluted                           28,480,709   185,656   28,480,709   147,129


</TABLE>







       See accompanying notes to these consolidated financial statements.


                                        4

<PAGE>



                                 BIOSECURE CORP.
                       Formerly YES CLOTHING COMPANY, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                           Nine Months Ended
                                                              December 31,
                                                             2001       2000
                                                         (Unaudited) (Unaudited)
                                                         -----------------------
<S>                                                      <C>          <C>
Cash Flows from Operating Activities:
   Net Income (loss)                                     $ 1,286,002  $ 892,175
   Reconciliation of  net income (loss) to net cash
      used by operating activities:
   Gain on extinguishment of debt                         (1,540,737)  (971,000)
   Issuance of common stock for services                      76,097          -
   Fair market value of options granted                       13,500          -
   Increase (decrease) in cash due to changes in
       operating assets and liabilities:
         Prepaid expenses                                     23,393       (800)
         Inventory                                            (2,298)         -
         Accounts payable                                     21,146     85,352
         Accrued expenses                                          -     (3,887)
                                                         ------------ ----------
   Net cash (used) provided  by operating activities        (122,897)     1,840
                                                         ------------ ----------
Cash Flows from Investing Activities:
   Purchase of marketable securities                          (3,155)         -
                                                         ------------ ----------
   Net cash used by investing activities                      (3,155)         -
Cash Flows from Financing Activities:
   Increase (decrease) in due to affiliate                   127,782     (1,840)
                                                         ------------ ----------
   Net cash provided (used) by financing activities          127,782     (1,840)
                                                         ------------ ----------
   Net change  in cash                                         1,730          -
   Cash, at beginning of period                                    -          -
                                                         ------------ ----------
   Cash, at end of period                                $     1,730  $       -
                                                         ============ ==========

Non-Cash Financing Activities:
   Stock issued in satisfaction of accounts payable      $    87,900  $       -
                                                         ============ ==========
   Stock issued in satisfaction of amounts due
     to affiliates                                       $    30,000   $      -
                                                         ============  =========
   Stock issued to purchase BioProtect                   $   838,161   $      -
                                                         ============  =========

</TABLE>



       See accompanying notes to these consolidated financial statements.


                                        5

<PAGE>



                                 BIOSECURE CORP.
                       Formerly YES CLOTHING COMPANY, INC.
                     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 1.    Organization

Yes Clothing Company, Inc. (the "Company") was incorporated on July 1, 1982, in
the State of California. Through July 1997, the Company designed, manufactured
and marketed a diversified line of apparel primarily for women and young men.
The Company sold its garments throughout the United States and Canada to retail
department stores, specialty chains and specialty stores.

In June 1996, the Company's principal shareholder sold approximately 50% of the
Company's outstanding shares to an individual who assumed the position of
Chairman and Chief Executive Officer of the Company. In July 1997, due to a lack
of trade credit and working capital, the Company temporarily suspended its
operations pending receipt of additional capital or third party credit. In
December 1997, the Company filed for protection from its creditors pursuant to
Chapter 11 of the United States Bankruptcy Code. In March 1998, the Bankruptcy
Court dismissed the Company's bankruptcy proceedings.

In April 1998, the Company relinquished its rights to the YES(R) trademarks in
connection with a purchase and sale agreement whereby an affiliate of the
Company satisfied certain senior secured debt on behalf of the Company . In
March 2001, the affiliate sold the license to an unrelated third party.

On November 13, 2000, Yes California was merged into Yes Clothing Company, Inc.
("Yes Nevada" or "the Company"), a Nevada corporation formed by it on July 31,
2000. At that time, Yes Nevada exchanged one (1) share for every one hundred
(100) shares of Yes California. The merger was recorded at historical costs
since the companies were under common control, and all amounts, including share
information, have been retroactively restated for the periods presented.

In October 2000, NewBridge Captial, Inc. ("NBRG") converted 177,005 shares of
the Company's Series A Preferred into 5,779,213 shares of common stock. These
shares reverted to 57,792 after the reverse split in November, 2000. Upon
issuance of the common shares, NBRG owned approximately 50% of the outstanding
common shares of the Company.

On May 8, 2001, the Company issued 967,472 shares of its common stock to various
consultants and directors for their services rendered through March 31, 2001
valued at $117,934. The related expenses were accrued in the fourth quarter of
fiscal year 2001.

On June 7, 2001, the holders of the remaining 1,100,000 shares of the Preferred
Stock converted their shares at the conversion rate of 32 65/100th shares into
35,915,000 shares of the Company's common stock. As a result of the exchange,
NewBridge increased its holdings to 32,685,147 shares of common stock or 88.2%
of the outstanding common shares and NuVen Limited Partnership increased its
holdings to 3,265,000 shares of common stock or 8.8% of the outstanding common
shares.




                                        6

<PAGE>



                                 BIOSECURE CORP.
                       Formerly YES CLOTHING COMPANY, INC.
                     NOTES TO CONDSOLIDATED FINANCIAL STATEMENTS


Note 1.    Organization - continued

On October 29, 2001, the Company's Board of Directors approved resolutions
providing for the Amendment to the Company's Articles of Incorporation,
specifically, changing the Company's name to BioSecure Corp. and, further,
increasing the number of shares of authorized common stock from 75,000,000 to
975,000,000.

On November 28, 2001, the Company entered into a stock purchase agreement to
purchase BioProtect Corporation, a Nevada corporation, ("BioProtect") as a
wholly owned subsidiary. The Company issued 2,000,000 shares of its common stock
valued at $838,161 in exchange for the outstanding shares of BioProtect. The
acquisition was accounted for as a purchase. On the date of acquisition,
BioProtect had no tangible assets and was considered a development-stage
company. Management believes that the excess purchase price over the net assets
acquired should be allocated to goodwill as there were no other intangible
assets with definite lives. The accompanying consolidated financial statements
have been consolidated to reflect the operations of BioProtect from the date of
acquisition.

Note 2.    Summary Of Significant Accounting Policies

Going Concern

The accompanying financial statements have been prepared in conformity with
accounting principles generally accepted in the United States, which
contemplates continuation of the Company as a going concern. The Company has
experienced recurring losses since 1992. At December 31, 2001, the Company has
liabilities in excess of assets totaling approximately $470,000. The positive
shareholders' equity is the result of extraordinary gains from the write-off of
$1,409,737 of debt. These factors raise substantial doubt about the Company's
ability to continue as a going concern. Management intends to satisfy or
restructure its judgement payables totaling approximately $263,000, which
contemplates that the Company will satisfy substantially all its obligations
through the issuance of common stock, among other things. There are no
assurances that the Company will be successful in satisfying or restructuring
its debt and/or seeking capital to resume operations. No adjustments have been
made to the accompanying financial statements as a result of these
uncertainties.




                                        7

<PAGE>



                                 BIOSECURE CORP.
                       Formerly YES CLOTHING COMPANY, INC.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS


Unaudited Interim Financial Statements

In the opinion of management, the unaudited financial statements include all
adjustments (consisting of normal recurring accruals) necessary to present
fairly the Company's results of operation for the three and nine months ended
December 31, 2001 and 2000 and cash flows for the nine months ended December 31,
2001 and 2000. These results are not necessarily indicative of the results
expected for the year ending March 31, 2002. The Company's Annual Report on Form
10-KSB for the year ended March 31, 2001 should be read in conjunction with this
form 10-QSB.

Restatement of Shares Outstanding

All historical share and per share amounts have been restated to reflect the one
for one hundred exchange of shares resulting from the Company reincorporating in
Nevada and effecting the merger on November 13, 2000 (See Note 1).

Recent Accounting Pronouncements

In June 2001, the Financial Accounting Standards Board finalized SFAS No. 141,
Business Combinations, and No. 142, Goodwill and Other Intangible Assets. SFAS
141 requires the use of the purchase method of accounting and prohibits the use
of the pooling-of-interests method of accounting for business combinations
initiated after June 30, 2001. SFAS 141 also requires that the Company recognize
acquired intangible assets apart from goodwill if the acquired intangible assets
meet certain criteria. SFAS 141 applies to all business combinations initiated
after June 30, 2001, and for purchase business combinations completed on or
after July 1, 2001. It also requires, upon adoption of SFAS 142 that the Company
reclassify the carrying amounts of intangible assets and goodwill based on the
criteria in SFAS 141.

SFAS 142 requires, among other things, that companies no longer amortize
goodwill, but instead test goodwill for impairment at least annually. In
addition, SFAS 142 requires that the Company identify reporting units for the
purposes of assessing potential future impairments of goodwill, reassess the
useful lives of other existing recognized intangible assets, and cease
amortization of intangible assets with an indefinite useful life. An intangible
asset with an indefinite useful life should be tested for impairment in
accordance with the guidance in SFAS 121. SFAS 142 is required to be applied in
fiscal years beginning after December 15, 2001, to all goodwill and other
intangible assets recognized at that date, regardless of when those assets were
initially recognized. SFAS 142 requires the Company to complete a transitional
goodwill impairment test six months from the date of adoption. The Company is
also required to reassess the useful lives of other intangible assets within the
first interim quarter after adoption of SFAS 142. The Company is assessing, but
has not yet determined, how the adoption of SFAS 141 and SFAS 142 will impact
its financial and results of operations.


                                        8

<PAGE>



                                 BIOSECURE CORP.
                       Formerly YES CLOTHING COMPANY, INC.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS

The FASB issued Statement No. 143 "Accounting for Asset Retirement Obligations"
establishes standards for the initial measurement and subsequent accounting for
obligations associated with the sale, abandonment, or other type of disposal of
long-lived tangible assets arising from the acquisition, construction, or
development and/or normal operation of such assets. SFAS No. 143 is effective
for years beginning after June 15, 2002, with earlier application encouraged.
Management does not believe the adoption of this standard will have an effect on
the Company's consolidated financial statements.

The FASB also recently issued Statement No. 144, Accounting for the Impairment
or Disposal of Long- Lived Assets. Statement No. 144 supersedes Statement No.
121 to supply a single accounting approach for measuring impairment of
long-lived assets, including segment of a business accounted for as a
discontinued operation or those to be sold or disposed of other than by sale.
The Company must adopt Statement No. 144 in 2002. Management has not yet
determined the impact from adopting this pronouncement on its financial
statements. However, management does not believe the adoption of this standard
will have an effect on the Company's consolidated financial statements since the
Company has no significant long-lived assets.

Note 3.    Extraordinary Item

In fiscal 1997, the Company filed a carryback claim for a refund of certain
taxes paid in prior periods totaling approximately $971,000. The Company was
notified in fiscal 1998 that the carryback claim was invalid and that the
Company is obligated to repay such monies. Accordingly, the Company recorded a
liability for the $971,000. The Company appealed the audit assessment and in the
second quarter of fiscal 2001, entered into a settlement agreement with the IRS,
whereby the assessment was reversed.

As a result of the agreement, the Company recognized extraordinary income of
$971,000 in the second quarter of fiscal 2001.

During the current fiscal quarter, the Company wrote-off $916,952 of trade
payables, $492,785 of accrued expenses, and $141,500 of due to affiliates. The
California statute of limitations for unsecured creditors to bring legal action
against a company for breach of contract is four years. The amounts written-off
exceeded this time frame. An extraordinary gain from extinguishment of debt was
recorded as result of this transaction. The total amount reported was
$1,540,737. The Company has judgements of $263,048 filed against it. This amount
is reflected in accounts payable.

Note 4.    Prepaid Expenses

The Company issued 440,000 shares of common stock under the 2001 Stock Plan to a
consulting firm under a twelve-month contract to perform media relations
expiring on November 28, 2002. The market value of the stock issued was $0.37
per share for a total of $162,800. During the three months ended December 31,

                                        9

<PAGE>



                                 BIOSECURE CORP.
                       Formerly YES CLOTHING COMPANY, INC.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS


2001, a total of $13,567 was charged to operations. The balance of $149,233 is
included in prepaid expenses in the accompanying balance sheet.

The Company issued a total of 169,000 shares of common stock under the 2001
Stock Plan to two consultants for services rendered. The market value of the
stock issued was $0.37 per share for a total of $62,530.

The Company issued 300,000 shares of common stock under the 2001 Stock Plan to
an accounting firm for bookkeeping services rendered and to be rendered in the
future for an affiliated company. The market value of the stock issued was $0.37
per share for a total of $111,000. The accounting firm applies proceeds from the
sale of the stock received to outstanding fees rather than the value of the
stock at the issuance date. On a periodic basis, the Company reconciles the
number of shares still held by the firm to determine the prepaid expense
balance. The difference is charged to operations. During the three months ended
December 31, 2001, $8,152 of stock was sold and applied against the prepaid
balance. As the Company has an outstanding balance owing to the affiliate
company, future sales of the stock will be applied to the amounts owing to the
affiliated company. At December 31, 2001, the outstanding balance due to the
affiliate company was $92,332 and was applied to the prepaid balance. The
balance of $10,516 is included in prepaid expenses in the accompanying balance
sheet.

The Company issued 91,000 shares of common stock under the 2001 Stock Plan to a
legal firm for services rendered and to be rendered in the future. The market
value of the stock issued was $0.37 per share for a total of $33,670. The legal
firm applies proceeds from the sale of the stock received to outstanding fees
rather than the value of the stock at the issuance date. On a periodic basis,
the Company reconciles the number of shares still held by the firm to determine
the prepaid expense balance. The difference is charged to operations. The
Company had a prepaid balance of $16,926 for shares issued in May 2001. At
December 31, 2001, $31,367 of outstanding legal fees was applied against the
prepaid amount. The balance of $19,229 is included in prepaid expenses in the
accompanying balance sheet.

Note 5.    Acquisition of BioProtect

On November 28, 2001, the Company entered into a stock purchase agreement to
purchase BioProtect Corporation, a Nevada corporation, ("BioProtect") as a
wholly owned subsidiary. The Company issued 2,000,000 shares of its common stock
with a fair market value of $838,161 in exchange for all of the outstanding
shares of BioProtect. This represented the entire voting equity of BioProtect.
The acquisition was accounted for as a purchase. The fair market value of the
stock issued to BioProtect was determined by the average stock price for fifteen
days prior and subsequent to the sale, less a 10% discount for thinly traded
stock.

On the date of acquisition, BioProtect had no tangible assets nor had it had any
sales and was considered a development-stage company. Management believes that
the excess purchase price over the net assets acquired should be allocated to



                                       10

<PAGE>



                                 BIOSECURE CORP.
                       Formerly YES CLOTHING COMPANY, INC.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS

as there were no other intangible assets with definite lives acquired. The
accompanying consolidated financial statements have been consolidated to reflect
the operations of BioProtect from the date of acquisition.

BioProtect has developed an Anthrax protection kit that it intends to market via
cable television and the internet.

Note 6.    Related Party Transaction

NewBridge Capital Inc., a Nevada corporation and the Company's majority
shareholder ("NewBridge"), will guarantee the distributions of BioProtect under
a marketing agreement ("Marketing Agreement") with NBT Technologies LLC, a
California limited liability company ("NBT"). In consideration for NewBridge
guaranteeing BioProtect's obligations under the Marketing Agreement with NBT,
the Company will agree to issue to NewBridge 2,000,000 shares of a newly-created
class of Preferred Stock, designated Series B Preferred Stock of the Company. As
part of the marketing agreement, an option agreement was signed with NBT whereby
NBT has the option to purchase a total of 2,000,000 shares of the Company's
common stock on a graduated basis of 500,000 shares at a time at a price ranging
from $0.25 per share to $1.00 per share and expire in one year. The market value
of the shares at the grant date was $0.205, and based on the Black-Scholes
model, the fair market value of these options was $13,500 and was charged to
operations.

Note 7.    Other Transactions

The Company also signed a finder's fee agreement with an unrelated party for the
introduction of BioProtect to the Company. The finder's fee was $30,000 and is
included as an expense in these financial statements. The fee is to be paid with
2,000,000 shares of the Company's common stock. The stock was not issued until
January 2002. In addition, an option agreement was signed with the finder to
purchase a total of 2,000,000 shares of the Company's common stock on a
graduated basis of 500,000 shares at a time at a price ranging from $0.25 per
share to $1.00 per share and expire in one year. The market value of the shares
at the grant date was $0.015, and based on the Black-Scholes model, the fair
market value of these options was $0.

Note 8.    Subsequent Events

In January 2002, the Company entered into an agreement with Airtech
International Group, Inc., a Wyoming corporation ("AIRG") to form a new company,
AirSecure LLC, a Nevada Limited Liability Company ("AirSecure") as a joint
venture with an equal equity interest in AirSecure.


                                       11

<PAGE>



Item 2:    Management's  Discussion  and  Analysis of Financial Condition And
           Results of Operations

Results of Operations

Quarter Ended December 31, 2001 versus December 31, 2000

In July 1997, due to a lack of trade credit and working capital, we temporarily
suspended our operations pending receipt of additional capital or third party
credit. We began liquidating our inventory and other assets at below cost. On
December 17, 1997, we filed for protection from our creditors pursuant to
Chapter 11 of the United States Bankruptcy Code. In March 1998, we were
dismissed from our bankruptcy proceedings.

There were no operations during the third quarter ended December 31, 2001 and
2000. As a result, there were no revenues.

Total general and administrative expenses for the third quarter were $194,000 in
fiscal 2002 as compared to $20,000 in fiscal 2001. The increase in expenses is
attributed mainly to the consulting expenses of $76,000 paid with stock
issuances, the $30,000 finder's fee, and $32,000 of BioProtect expenses.

Nine Months Ended December 31, 2001 versus December 31, 2000

There were no operations during the nine months ended December 31, 2001 and
2000. As a result, there were no revenues.

Total general and administrative expenses for the nine months were $254,000 in
fiscal 2002 as compared to $77,000 in fiscal 2001. The increase in expenses is
attributed mainly to the consulting expenses of $76,000 paid with stock
issuances, the $30,000 finder's fee, and $32,000 of BioProtect expenses.

Extraordinary Item

As noted in Note 3, as a result of writing off certain payables and accrued
expenses for which the statute of limitations expired, the Company recognized
extraordinary income of $1,540,000 in the third quarter of fiscal 2002. In the
second quarter of 2001, the Company recognized extraordinary income of $971,000
from the settlement of an agreement with the IRS.

Capital Resources and Liquidity

The accompanying financial statements have been prepared in conformity with
accounting principles generally accepted in the United States, which
contemplates continuation of the Company as a going concern. The Company has
experienced recurring losses since 1992. At December 31, 2001, the Company has
liabilities in excess of assets totaling approximately $339,458. The positive
shareholders' equity is the result of extraordinary gains from the write-off of
$1,540,737 of debt. These factors raise substantial doubt about the Company's
ability to continue as a going concern. Management intends to satisfy or
restructure its judgement payables totaling approximately $263,000, which
contemplates that the Company will satisfy substantially all its obligations
through the issuance of common stock, among other things. There are no
assurances that the Company will be successful in satisfying or restructuring
its debt and/or seeking capital to resume operations.


                                       12

<PAGE>




Item 3.    Quantitative and Qualitative Disclosures about Market Risk

         N/A


                            PART II.OTHER INFORMATION

Item 1.    Legal Proceedings

         No change from that which was reported in the Form-10KSB for the year
ended March 31, 2001.

Item 2.    Changes in Securities

      In October 2001, the Board of Directors approved a resolution to increase
      the number of authorized shares from 75,000,000 to 975,000,000.

Item 3.    Defaults Upon Senior Securities

         None.

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

         None.

Item 5.    Other Information

         On January 4, 2002, the Company filed Definitive Schedule 14-C
notifying its shareholders of the name change to BioSecure Corp. The name change
was effective January 24, 2002.

Item 6.    Exhibits and Reports on Form 8-K

         The purchase of BioProtect was reported on Form 8-K on January 9, 2002.


                                       13

<PAGE>


                                   SIGNATURES



Pursuant to 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.

                                            BIOSECURE CORP.
                                            Formerly YES CLOTHING COMPANY, INC.

Dated:    March 4, 2002                 By: /s/ Fred G. Luke
                                            -----------------------------------
                                                    Fred G. Luke
                                                    Director



                                       14