U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

                                   (Mark One)


[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE
     ACT OF 1934
     For the quarterly period ended August 31, 2003

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
     For the transition period from ______________ to ______________


                         Commission file number 0-30276

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
              ----------------------------------------------------
              (Exact Name of Small Business Issuer in its Charter)

          NEW YORK                                                11-3377469
-----------------------------                                -------------------
(State or other jurisdiction                                   (I.R.S. Employer
incorporated or organization)                                Identification No.)

      100 Quentin Roosevelt Blvd., Suite 404, Garden City, New York, 11530
      --------------------------------------------------------------------
                    (Address of principal executive offices)

                                 (516) 222-0100
              ----------------------------------------------------
              (Registrant's telephone number, including area code)

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

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE
PRECEDING FIVE YEARS

     Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 of 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes [ ] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date: 18,771,000 Transitional Small
Business Disclosure Format (check one): Yes [ ] No [X]
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                                   FORM 10-QSB
                                      INDEX

                                                                        Page No.
                                                                        --------

Part I - Financial Information

   Item 1- Financial Statements

      Balance Sheets - August 31, 2003 and February 28, 2003............    1

      Statements of Operations - Six Months ended August 31, 2003 and
         2002...........................................................    2

      Statements of Cash Flows - Six Months ended August 31, 2003 and
         2002...........................................................    3

      Notes to Financial Statements.....................................    4

   Item 2 - Management's Discussion and Analysis of
      Financial Condition and Results of Operations.....................    7

Part II - Other Information

   Item 1 - Legal Proceedings...........................................   12

   Item 2 - Changes in Securities and Use of Proceeds...................   12

   Item 4 - Submission of Matters to a Vote of Security Holders.........   12

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

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

   Signatures...........................................................   14
<PAGE>

<TABLE>
<CAPTION>
                         ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                                       BALANCE SHEETS

                                           ASSETS


                                                             August 31, 2003   February 28, 2003
                                                             ---------------   -----------------
                                                               (Unaudited)         (Audited)

<S>                                                            <C>                <C>
Current Assets:
   Accounts Receivable - Trade                                 $   114,492        $    37,056
   Prepaid expense                                                  91,040             91,040
   Inventory                                                        15,500                 --
                                                               -----------        -----------

Total Current Assets                                               221,032            128,096

Property and Equipment, net                                         81,479             86,853

Other:
   Deferred Offering Costs                                           2,450              2,450
   Security Deposits                                                   603              5,203
                                                               -----------        -----------

TOTAL ASSETS                                                   $   305,564        $   222,602
                                                               ===========        ===========


                            LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
   Accounts Payable and Accrued Expenses                       $   266,322        $   136,624
   Accrued Salary                                                  553,770            503,770
   Debentures Payable                                               46,350             46,350
   Loan Payable-Affiliate                                          186,774            246,884
                                                               -----------        -----------

Total Current Liabilities                                        1,053,216            933,628
                                                               -----------        -----------

Stockholders' Equity:
   Preferred Stock - Series A, Authorized 1,000,000,
     $.01 Par Value, 20,000 Shares Issued and outstanding
     at August 31, 2003  and February 28, 2003                         200                200
   Common Stock - Authorized 40,000,000 Shares
     $.01 Par Value; 18,771,000 Issued and Outstanding
     at August 31, 2003 and February 28, 2003                      187,710            187,710
Paid-in Capital                                                    780,723            780,723
Accumulated Deficit                                             (1,592,695)        (1,556,069)
Subscription Receivable                                           (123,590)          (123,590)
                                                               -----------        -----------

Total Stockholders' Equity                                        (747,652)          (711,026)
                                                               -----------        -----------

TOTAL LIABILITIES AND
 STOCKHOLDERS' EQUITY                                          $   305,564        $   222,602
                                                               ===========        ===========
</TABLE>

                                        1
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                            STATEMENTS OF OPERATIONS
                FOR THE SIX MONTHS ENDED AUGUST 31, 2003 AND 2002
                                   (Unaudited)


                                           June 1, 2003         June 1, 2002
                                        to August 31, 2003   to August 31, 2002
                                        ------------------   ------------------

Revenues:
   Sales                                   $    245,020         $     55,993

Cost of Sales                                   140,067               30,957
                                           ------------         ------------

Gross Profit                                    104,953               25,036

Expenses:
   Officer's Salary                              50,000               25,000
   Professional Fees                              8,549                6,000
   Selling General and Administrative            81,292               28,908
                                           ------------         ------------

Total Expenses                                  139,841               59,908

Operating Loss                                  (34,888)             (34,872)

Other Income (Expenses):
   Rent Income                                       --                8,750
   Interest Expense                              (1,738)                 (--)
                                           ------------         ------------

Total Other Income (Expenses):                   (1,738)               8,750
                                           ------------         ------------

Net Loss                                   $    (36,626)        $    (26,122)
                                           ============         ------------

(Loss) Per Share                                 (0.001)              (0.002)
                                           ============         ============


Average shares outstanding for period        18,771,000           16,068,500
                                           ============         ============

                                        2
<PAGE>

<TABLE>
<CAPTION>
                     ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                               STATEMENT OF CASH FLOWS
                   FOR THE PERIODS JUNE1, 2003 TO AUGUST 31, 2003
                         AND JUNE 1, 2002 TO AUGUST 31, 2002


                                                June 1, 2003         June 1, 2002
                                             to August 31, 2003   to August 31, 2002
                                             ------------------   ------------------

<S>                                              <C>                  <C>
Cash Flows From Operating Activities:

   Deficit Accumulated During
     Development Stage                           $  (36,626)          $  (26,122)
   Adjustments to Reconcile
     Net Income to Net Cash
     Provided by Operating Acitvities:
     Depreciation and Amortization                    5,374                2,687
   Changes in operating current assets and
     liabilities:
   Accounts Receivable                              (77,436)                  --
   Inventory                                        (15,500)                  --
   Accounts Payable and Accrued Expense             165,775               30,000
   Accrued Salaries Payable                          13,923                   --
   Deferred Offering Costs                            4,600                   --
                                                 ----------           ----------

Net Cash (Used) Provided
 By Operating Activities                             60,110                6,565
                                                 ----------           ----------

Cash Flows (used) Provided by
   Financing Activities:
      Loan Payable-Affiliate                        (60,110)              36,000
                                                 ----------           ----------

Net Increase (Decrease) In Cash                          --               42,565
Cash -Beginning                                          --                2,881
                                                 ----------           ----------

Cash - Ending                                    $       --           $   45,446
                                                 ==========           ==========
</TABLE>

                                        3
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1 - ORGANIZATION

     Adirondack Pure Springs Mt. Water Co., Inc. a New York corporation
("Adirondack" "we" or "us") was organized on March 6, 1997. Adirondack was
founded to extract, distribute and bottle natural mountain and spring water from
a stream and spring fed natural reservoir in the northeastern United States.

     Adirondack's business to date has focused on the still water, and value
added water beverage segments of the bottled water market because: 1)
availability of quality natural mountain and spring water, 2) quantity of
available water, 3) relationships in the nutritional supplement industry, 4) its
central location in the northeastern United States market, 5) increased
government regulation of water quality and 6) increased public awareness and
demand for bottled water.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Property and Equipment - Property and equipment are recorded at cost when
acquired. Improvements that significantly add to the productive capacity or
extend the useful life of the related assets are capitalized. Site development
costs will be amortized over the lesser of the life of the lease or asset.
Office equipment will be depreciated over the estimated useful lives of the
assets ranging from 3 to 7 years. When property or equipment is sold or
otherwise disposed of, the related cost and accumulated depreciation or
amortization is removed from the accounts and any gain or loss is included in
income. Maintenance and repairs are charged to expense in the period incurred.

     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 revenue and expenses during
the reporting period. Actual results could differ from those estimates.

     Income Taxes - The Company accounts for income taxes according to the
liability method. Under this method, deferred tax assets and liabilities are
determined based on differences between financial reporting and income tax bases
of assets and liabilities and are measured using enacted tax rates and laws that
are in effect.

     Method of Accounting - The Company prepares its financial statements on the
accrual method of accounting, recognizing income when earned and expenses when
incurred. Income is considered earned when products are shipped, at which time
customers are billed and revenue is recognized.

                                        4
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                          NOTES TO FINANCIAL STATEMENTS


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

     Accounts Receivable - Management considers all accounts receivable to be
collectible. Therefore, no allowance for bad debts has been included in the
statements.

     Impairment of Long-Lived Assets - Long-lived assets (i.e., property, plant
and equipment) held and used by the Company are reviewed for impairment whenever
events or changes in circumstances indicate that the net book value of the asset
may not be recoverable. An impairment loss will be recognized if the sum of the
expected future cash flows (undiscounted and before interest) from the use of
the asset is less than the net book value of the asset. Generally, the amount of
the impairment loss is measured as the difference between the net book value of
the assets and the estimated fair value of the related asset.

      Earnings per Share - Effective for the year ended February 28, 1998, the
Company adopted Statement of Financial Standards No. 128, Earnings Per Share
("FAS 128"). FAS 128 replaces prior earnings per share ("EPS") reporting
requirements and requires the dual presentation of basic and diluted EPS. Basic
EPS excludes dilution and is computed by dividing net income by the weighted
average number of shares outstanding for the period. Diluted EPS reflects the
potential dilution that could occur if securities or other contracts to issue
common stock were exercised or converted into common stock.

     Inventory - The Company reports inventory at the lower of cost or market
value using the first-in, first-out method. Inventory consists of bottles and
packaging materials.

     Incentive Stock Options - The Company adopted its stock incentive plan on
July 1, 1998. The Plan enables the company to grant incentive stock options,
nonqualified options and stock appreciation rights for up to 1.5 million shares
of the Company's common stock. All options must conform to federal income tax
regulations and have an exercise price of not less than the fair value of shares
at the date of the grant (110% of fair value for ten percent or more
shareholders). Fair value is determined on the option issue date using the
market value of the stock on an established exchange or the Black-Scholes model
if the stock is not listed on an exchange at the time options are issued.
Options are issued by a committee established by the board of directors based on
eligibility and must be exercised within terms specified on the grant date.

                                        5
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                          NOTES TO FINANCIAL STATEMENTS


NOTE 3 - LOAN PAYABLE

Loan Payable - Affiliate

     At February 28, 1998, the Company had been advanced funds from a related
party. These amounts were non-interest bearing. During the subsequent fiscal
year $200,233 of such loans were converted into preferred stock. The balance
represents additional advances and repayments after such conversion. The balance
of this loan at August 31, 2003 was $186,774.

Default on Convertible Debentures

     The Company has outstanding $46,350 in debentures issued in the year 2000.
The notes are for a period of 3 years and carry interest at 10% per annum
payable semiannually. The Company has not paid the interest on these notes and
considers itself in technical default. No note holder has started an action
against the Company at this time. The notes and accrued interest are convertible
in common stock by the note holder at the rate of $.20 of outstanding
liabilities for one share of common stock. The accrued interest to date
including 5% additional default interest was $41,290, included in "Accounts
Payable and Accrued Expenses".

Verbal Employment Contract

     The Company has entered into a verbal employment agreement with David
Sackler, its President and Chief Executive Officer, for an initial term of five
years and one year renewable there after, at a salary of $100,000 per year. At
August 31, 2003 the Company owed Mr. Sackler $553,770. The Company has not
accrued interest on the amount due Mr. Sackler.

NOTE 4 - GOING CONCERN

     The Company's financial statements are prepared using generally accepted
accounting principles applicable to a going concern which contemplates the
realization of assets and the liquidation of liabilities in the normal course of
business. The Company has not yet established revenues sufficient to cover its
operating costs. The Company currently has negative working capital of $832,184.
Management is planning an additional sale of common stock. Management is
continuing to advance funds to the Company and deferring payment of salary until
such time the Company has sufficient operating income. Management is also
looking into acquisitions and/or mergers with other companies in the industry.

                                        6
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                          NOTES TO FINANCIAL STATEMENTS


NOTE 4 - GOING CONCERN (Continued)

Item 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS

     The following discussion and analysis should be read in conjunction with
the financial statements and accompanying notes appearing elsewhere herein. And
with the audited financial statements and accompanying notes included in the
Form 10KSB for the fiscal year ending February 28, 2003.

     The accompanying financial statements have been prepared in conformity with
the accounting principles stated in the audited financial statements for the
year ended February 28, 2003 and reflect all adjustments which are, in the
opinion of management, necessary for a fair statement of the financial position
as of August 31, 2003, and the results of operations for the periods presented.
The operating results for the interim periods are not necessarily indicative of
results for the full fiscal year.

FORWARD LOOKING STATEMENTS

     When used in this Form 10QSB and in future filings by Adirondack Pure
Springs Mt. Water Co., Inc. (Adirondack) with the Securities and Exchange
Commission, the words or phrases "will likely result," "management expects," or
we expect," "will continue," is anticipated," "estimated," or we expect"," "will
continue," "is anticipated," "estimated," or similar expression or use of the
future tense, are intended to identify forward looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Readers are
cautioned not to place undue reliance on any such forward-looking statements,
each of which speak only as of the date made. These statements are subject to
risks and uncertainties, some of which are described below and others are
described in other parts of this Form 10QSB. Actual results may differ
materially from historical earnings and those presently anticipated or
projected. We have no obligation to publicly release the result of any revisions
that may be made to any forward-looking statements to reflect anticipated events
or circumstances occurring after the date of such statements.

MARKETING

     Adirondack has its own proprietary brand of bottled water and water
supplements. AvivA SPRINGS. Adirondack intends to expand the sales and breadth
of product type of AvivA SPRINGS through its new relationship with the Federated
Group, wherein AvivA will be introduced into grocery distribution. Sales
concentration of AvivA will continue in the specialty retail and health club
outlets in the Northeast and expand nationwide. AvivA SPRINGS will be sold in
various sizes, ranging from 16.9 ounce size bottles to 1 gallon and specialty
packs. Through the Companys only employee, its CEO and president, it has focused
on the development and sales of its proprietary product, Max02, an oxygenated

                                        7
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                          NOTES TO FINANCIAL STATEMENTS


NOTE 4 - GOING CONCERN (Continued)

MARKETING (Continued)

natural water that is a value-added water product geared towards the health and
fitness enthusiast and crosses the line to include the largest growing beverage
market segment to become a member of the second largest growing beverage
segment, the alternative beverage market. The product is expected to be sold in
specialty retail, natural food, and dietary supplement stores and chains. Max02
has been romoted and marketed in similar fashion to AvivA SPRINGS, and has been,
and continues to be, the official waters of International Federation of Body
Builder events. We intend to continue to pursue this venue as a promotional
platform to place Max02 and AvivA SPRINGS in the forefront of the multi-billion
dollar health/fitness and supplement industry.

     Revenue is recognized when product is shipped from the bottler. The
products have a shelf life of approximately 1-2 years depending on the product.
Sales are final and the company does not accept product returns.

RESULTS OF OPERATIONS

Sales

     Sales for the quarter ended August 31, 2003 were $245,020 as compared to
sales of $55,993 for the quarter ended August 31, 2002, an increase of $189,027
or (338%). The increase was attributable to sales of enhanced diet and fitness
water products. The sale of bottled water was $69,498 in the second quarter of
2003.

     Adirondack has begun production on behalf of Bodyonics, Ltd. on Pinnacle
AquaLean Diet & Fitness Water. Initial sales have been made into the General
Nutrition Centers Retail System, as well as Vitamin Shoppe Stores, Great Earth
Vitamin Stores, and numbers of other retailers, gyms, and health clubs that are
being serviced by various distributors, including Tree of Life. The Company has
worked with Pinnacle to introduce two more exciting flavors of AquaLean,
Tropical Passion, Cool Citrus, and the original Berry Blast does not accept
product returns.

Costs and Expenses

     Cost of goods sold were 43% in the quarter ended August 31, 2003 as
compared to 45% in the quarter ended August 31, 2002. The reason for the
percentage increase in cost and decrease in gross profit was that in 2003
certain enhanced dietary and fitness products were sold to promote the product
at a reduced gross profit.

                                        8
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                          NOTES TO FINANCIAL STATEMENTS


NOTE 4 - GOING CONCERN (Continued)

     The cost of sales and gross profits were $140,067 and $104,953 for the
quarter ended August 31, 2003 and compared to $55,993 and $25,036 for the
quarter ended August 31, 2002, respectively. The increases in cost of goods sold
and gross profit of $109,110 (352%) and $79,917 (319%), respectively, were
related to 338% increase in the sales and certain promotional distribution of
our products.

Officers' Salaries

     Officers' Salaries for the six months ended August 31, 2003 were $50,000.
The Salaries were not paid but were accrued.

Professional fees

     Professional fees increased substantially, from $6,000 for the Quarter
Ended August 31, 2002 to $8,549 for the Quarter Ended August 31, 2003, an
increase of $2,549.

Selling General and Administrative Expense (SG&A)

     For the Quarter Ended August 31, 2003 SG&A went up by $52,384 (181%) from
$28,908 to $81,292 for the Quarter Ended August 31, 2003. The reason for the
increase was mostly due to increases in selling, rent, insurance and office
expense.

Interest Expense

     Interest expense was $1,738 on the outstanding notes for the comparative
quarter ending August 31, 2003.

LIQUIDITY AND CAPTIAL RESOURCES

Liquidity

     The Company operations have been financed principally by loans from
shareholder and deferring payment of officer's salaries. As of August 31, 2003,
the Company had a working capital deficit of $832,184.

     Net cash provided by operations for the six months ended August 31, 2003
was $60,110, which was primarily due to an increase in accounts payable and
accrued expenses.

                                        9
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                          NOTES TO FINANCIAL STATEMENTS


LIQUIDITY AND CAPTIAL RESOURCES (Continued)

     Cash flows applied to financing activities were to reduce a loan payable to
an affiliate.

     The Company believes that its short-term liquidity needs will continue to
be met through funds invested by management. These funds come from funds put
into the Company and the deferral of salary accrued to management. Long-term
liquidity is anticipated to be met through a stock offering. The Company is
currently in discussions with underwriters towards the goal of a stock offering.

     Management continues to hold discussions with private investor groups to
obtain working capital funds. There can be no assurance that either the stock
offering or the borrowing of private funds will be accomplished.

Merger/Plant Acquisitions

     The Company continues to pursue joint venture and merger/acquisitions
opportunities throughout North America and other markets worldwide. The purpose
of each opportunity is to expand the production capability, product type
capability, and distribution reach of the Company.

     The Company has suspended negotiating with Aurora Beverages, a Canadian
corporation, to acquire its bottling facility in Barrie, Ontario, Canada. The
seller was unable to meet the requirements of the letter of intent. As a result
of the termination of negotiation neither side is claiming damages. The Company
is seeking other options in Eastern North America, including expansion of the
size and capabilities of the facility the Company expects to build at its Lake
George, New York source, subject to a lease extension with the Village of Lake
George.

     The Company is presently negotiating to occupy or acquire a 72,000 square
foot beverage bottling facility in Phoenix, Arizona, providing the company with
access to the lucrative southwest and western US markets. The facility is
currently furnished with one high speed water bottling line with expansion
capabilities for additional filling lines to increase production capacities. The
company expects to package both its own products, as well as co-pack for
existing and new clients and customers.

     The acquiring the aforementioned facilities is subject to getting adequate
financing.

                                       10
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                          NOTES TO FINANCIAL STATEMENTS


Recently Issued Accounting Standards

     In June 2001, the FASB issued SFAS No. 143, Accounting for Asset Retirement
Obligations. This statement requires entities to record the cost of any legal
obligation for the retirement of tangible long-lived assets in the period in
which it is incurred. SFAS 143 is effective for fiscal years beginning after
June 15, 2002. The Company adopted the standard effective January 1, 2003. The
adoption of SFAS 143 did not have a material effect on the financial position,
results of operations or cash flows of the Company.

     In August 2001, the FASB issued SFAS No. 144, Accounting for the Impairment
or Disposal of Long-Lived Assets. SFAS 144 addresses financial accounting and
reporting for the impairment or disposal of long-lived assets. The Company
adopted SFAS 144 effective January 1, 2002. The adoption of SFAS 144 did not
have a material effect on the financial position, results of operations or cash
flows of the Company.

     In July 2002, the FASB issued Statement No. 146, Accounting for Costs
Associated with Exit or Disposal Activities. Statement No. 146 addresses the
timing of recognition and the related measurement of the costs of one-time
termination benefits. Under SFAS 146, liabilities for costs associated with a
plan to dispose of an asset or to exit a business activity must be recognized in
the period in which the costs are incurred Statement No. 146 is effective for
exit activities initiated after December 31, 2002, with early application
allowed. The Company adopted SFAS 146 effective January 1, 2002. The adoption of
SFAS 146 did not have a material effect on the financial position, results of
operations or cash flows of the Company.

     In December 2002, the FASB issued Statement No.148, Accounting for
Stock-Based compensation - Transition and Disclosure - an amendment of FASB
Statement No. 123. Statement No.148 amends Statement No.123, Accounting for
Stock-Based Compensation, to provide alternative methods of transition for a
voluntary change to the fair-value based method of accounting for stock-based
employee compensation. In addition, Statement No. 148 amends the disclosure
requirements of Statement No. 123 to require disclosure in interim financial
statements regarding the method of accounting for stock-based employee
compensation and the effect of the method used on reported results. The Company
does not intend to adopt a fair-value based method of accounting for stock-based
employee compensation until a final standard is issued by the FASB that
addresses concerns related to the applicability of current option pricing models
to non-exchange traded employee stock option plans SFAS 148 also amends the
disclosure requirements of SFAS 123 to require prominent disclosures in both
annual and interim financial statements about the method of accounting for
stock-based employee compensation and the effect of the method used on reported
results. SFAS 148 is effective for financial statements for annual periods
ending after December 15, 2002 and interim periods beginning after December 31,
2002.

                                       11
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                          NOTES TO FINANCIAL STATEMENTS


     The Company has adopted the amendments to SFAS 123 disclosure provisions
required under SFAS 148 but will continue to use intrinsic value method under
APB 25 to account for stock-based compensation. As such, the adoption of this
statement has not had a significant impact on the Companys financial position,
results of operations or cash flows.

Controls and Procedures

Evaluation of Disclosure Controls and Procedures

     The Registrant maintains controls and procedures designed to ensure that
information required to be disclosed in the reports that the Registrant files or
submits under the Securities Exchange Act of 1934, as amended, is recorded,
processed, summarized and reported within the time periods specified in the
rules and forms of the Securities and Exchange Commission. Based upon their
evaluation of those controls and procedures performed within 90 days of the
filing date of this report, the Chief Executive and Chief Financial Officers of
the Registrant concluded that the Registrant's disclosure controls and
procedures were adequate.

Changes in Internal Controls

     The Registrant made no significant changes in its internal controls or in
other factors that could significantly affect these controls subsequent to the
date of the evaluation of those controls by the Chief Executive and Chief
Financial Officers.

Part II - Other Information

Item 1 - Legal Proceedings

         The Company is not currently involved in any material legal proceedings
         to the best of management's knowledge. (See 10KSB for the Period Ending
         May 31, 2003.)

Item 2 - Changes in Securities and Use of Proceeds

         There are none.

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

         Not applicable

                                       12
<PAGE>

                   ADIRONDACK PURE SPRINGS MT. WATER CO., INC.
                          NOTES TO FINANCIAL STATEMENTS


Item 5 - Other Information.

         None

Item 6 - Exhibits and Reports on Form 8-K

         a) Exhibits - Exhibit 99(a) - Certification of Chief Executive Officer
         b) Reports on Form 8-K - No reports on Form 8-K were filed during
               the quarter


                                       13