UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB


(X)  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITES  EXCHANGE
     ACT OF 1934

For the quarterly period ended              March 31, 2000
                               -------------------------------------------------

( )  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              0-25541
                       ---------------------------------------


                             CIGAR KING CORPORATION
                     ---------------------------------------
               (Exact name of registrant as specified in charter)


             Nevada                                 91-1948357
---------------------------------               -------------------
(State or other jurisdiction of                  (I.R.S. Employer
 incorporation or organization)                 Identification No.)


      825 - 1200 West 73rd Avenue
         Vancouver, BC, Canada                        V6P 6G5
---------------------------------------         -------------------
(Address of principal executive offices)             (Zip Code)


                                  604-267-1100
                 -----------------------------------------------
               Registrant's telephone number, including area code


      ---------------------------------------------------------------------
      (Former name, address, and fiscal year, 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 such  shorter  period  that the
registrant was required to file such  reports),  Yes [X] No [ ] and ( ) has been
subject to 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
common stock, as of the last practicable date.

              Class                         Outstanding as of March 31, 2000
-----------------------------------         --------------------------------
  Common Stock, $0.001 per share                      10,535,000



<PAGE>




                                      INDEX




<TABLE>
<CAPTION>
                                                                                  Page
PART 1.                                                                          Number
                                                                                 ------
<S>                                                                                <C>
         ITEM 1.  Financial Statements (unaudited) .............................    3

                           Balance Sheet as at March 31, 2000
                                     and September 30, 1999 ....................    4

                           Statement of Operations
                              For the three months ended March 31, 2000, for the
                              three months ended March 31, 1999, for the six
                              months ended March 31, 2000 and for
                                 the six months ended March 31, 1999 and for the
                                 period from October 8, 1998 (Date of
                                 Incorporation) to March 31, 2000 ..............    5

                           Statement of Changes in Shareholders' Equity
                              For the period from October 8, 1998 (Date of
                                      Incorporation) to March 31, 2000 .........    6

                           Statement of Cash Flows
                              For the three months ended March 31, 2000, for
                              the three months ended March 31, 1999, for the
                              six months ended March 31, 2000 and for
                                 the six months ended March 31, 1999 and for
                                 the period from October 8, 1998 (Date of
                                 Incorporation) to March 31, 2000 ..............    7

                           Notes to the Financial Statements ...................    8

         ITEM 2.  Plan of Operations ...........................................   11


PART 11
                  Signatures ...................................................   12
</TABLE>



                                       2
<PAGE>

                         PART 1 - FINANCIAL INFORMATION

--------------------------------------------------------------------------------

                          ITEM 1. FINANCIAL STATEMENTS

--------------------------------------------------------------------------------


The accompanying  balance sheet of Cigar King  Corporation (a development  stage
company) at March 31, 2000 and the statement of operations and statement of cash
flow for the three months ended March 31, 2000, for the three months ended March
31,  1999,  for the six months  ended March 31,  2000,  for the six months ended
March 31, 1999 and for the period from  October 8, 1998 (date of  incorporation)
to March 31, 2000 and the statement of stockholders'  equity for the period from
October 8, 1998 (date of  incorporation) to March 31, 2000 have been prepared by
the Company's  management and they do not include all  information  and notes to
the financial statements necessary for a complete  presentation of the financial
position,  results  of  operations,  cash  flows,  and  stockholders'  equity in
conformity  with generally  accepted  accounting  principles.  In the opinion of
management,  all adjustments considered necessary for a fair presentation of the
results of  operations  and  financial  position have been included and all such
adjustments are of a normal recurring nature.

Operating  results for the six months ended March 31, 2000, are not  necessarily
indicative of the results that can be expected for the year ending September 30,
2000.



                                       3
<PAGE>

                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                                  BALANCE SHEET

                      March 31, 2000 and September 30, 1999

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
                                                                   MARCH 31,        September 30,
                                                                     2000               1999
                                                                     ----               ----
<S>                                                                <C>               <C>
ASSETS

CURRENT ASSETS

     Bank                                                          $    853          $  8,024
     Accounts receivable                                                128               128
     Due from director                                                   44                --
                                                                   --------          --------

                                                                      1,025             8,152

OTHER ASSETS

    Rights to Cigar King concept - Note 3                            50,000            50,000
                                                                   --------          --------

                                                                   $ 51,025          $ 58,152
                                                                   ========          ========

LIABILITIES

      Accounts payable and accrued liabilities                     $  4,600          $  4,500
                                                                   --------          --------

STOCKHOLDERS' EQUITY

     Common stock
           200,000,000 shares authorized, at $0.001 par
           value, 10,535,000 shares issued and outstanding           10,535            10,535

     Capital in excess of par value                                  70,865            70,865

     Deficit accumulated during the development stage               (34,975)          (27,748)
                                                                   --------          --------

           Total Stockholders' Equity                                46,425            53,652
                                                                   --------          --------

                                                                   $ 51,025          $ 58,152
                                                                   ========          ========
</TABLE>


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



                                       4
<PAGE>

                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                             STATEMENT OF OPERATIONS

                   For the three months ended March 31, 2000,
                   for the three months ended March 31, 1999
                    For the six months ended March 31, 2000,
                    for the six months ended March 31, 1999
                                       and
   for the period from October 8, 1998 (Date of Inception) to March 31, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
                                            FOR THE           For the
                                             THREE              Three                                                   FROM
                                             MONTHS            Months          For the Six         For the Six        INCEPTION
                                             ENDED             Ended           Months Ended       Months Ended            TO
                                            MARCH 31,         March 31,         March 31,           March 31,          MARCH 31,
                                              2000              1999               2000               1999                2000
                                              ----              ----               ----               ----                ----

<S>                                       <C>                <C>                <C>                <C>                <C>
SALES                                     $          -       $          -       $          -       $          -       $          -
                                          ------------       ------------       ------------       ------------       ------------

GENERAL  AND  ADMINISTRATIVE  EXPENSES:

     Accounting and audit                        1,350                  -              2,350              6,700             11,050
     Bank charges and interest                      22                 33                 44                153                229
     Consulting                                  1,400                  -              2,900              3,950              6,850
     Filing fees                                     -              1,420                564              1,420              1,984
     Legal                                          80                  -                 80              2,530              2,610
     Office and adminstrative expenses             571                434              1,471                598              2,674
     Rent                                        1,500                                 1,500                                 1,500
     Telephone                                     750                  -                750                  -              1,200
     Transfer agent's fees                       1,218                180              1,218              3,160              4,378
     Travel                                          -                  -                  -              2,000              2,000
     Website fees                                    -                  -                  -                  -                500
                                          ------------       ------------       ------------       ------------       ------------

NET LOSS                                  $     (6,891)      $     (2,067)      $    (10,877)      $    (20,511)      $    (34,975)
                                          ============       ============       ============       ============       ============



NET LOSS PER COMMON SHARE

     Basic                                $          -       $          -       $          -       $          -


AVERAGE OUTSTANDING SHARES

     Basic                                  10,535,000         10,535,000         10,535,000          7,790,977
                                          ============       ============       ============       ============
</TABLE>


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



                                       5
<PAGE>

                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

             For the period from October 8, 1998 (Date of Inception)
                                to March 31, 2000

                      (Unaudited - Prepared by Management)


<TABLE>
<CAPTION>
                                                                                                CAPITAL IN
                                                                     COMMON  STOCK               EXCESS OF        ACCUMULATED
                                                                 SHARES         AMOUNT           PAR VALUE           DEFICIT
                                                                 ------         ------           ---------           -------
<S>                                                           <C>             <C>                <C>              <C>
BALANCE OCTOBER 8, 1998 (date of inception)                            -      $         -        $       -        $        -

Issuance of common shares for cash at
  $0.002 -- November 20, 1998                                  4,500,000            4,500            4,500                 -

Issuance of common shares for cash at
  $0.01 -- November 25, 1998                                   6,000,000            6,000           54,000                 -

Issuance of common shares for cash at
  $0.25 -- December 4, 1998                                       35,000               35            8,715                 -

Capital contribution                                                                                 3,650

Net operating loss for the period from
  October 8, 1998 to March 31, 2000                                    -                -                -           (34,975)
                                                              ----------      -----------        ---------        ----------

BALANCE MARCH 31, 2000                                        10,535,000      $    10,535        $  70,865        $  (34,975)
                                                              ==========      ===========        =========        ==========
</TABLE>












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



                                       6
<PAGE>


                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                             STATEMENT OF CASH FLOWS

                   For the three months ended March 31, 2000,
                   for the three months ended March 31, 1999
                    For the six months ended March 31, 2000,
                    for the six months ended March 31, 1999
                                       and
   for the period from October 8, 1998 (Date of Inception) to March 31, 2000
                      (Unaudited - Prepared by Management)


<TABLE>
<CAPTION>
                                                FOR THE           For the
                                                 THREE             Three
                                                MONTHS             Months          For the Six        For the Six    FROM INCEPTION
                                                 ENDED             Ended          Months Ended        Months Ended          TO
                                               MARCH 31,          March 31,         March 31,           March 31,        MARCH 31,
                                                 2000               1999              2000                1999              2000
                                                 ----               ----              ----                ----              ----
<S>                                          <C>                  <C>               <C>                 <C>               <C>
CASH FLOWS FROM OPERATING ACTIVITIES:

     Net loss                                $ (6,891)            $ (2,067)         $(10,877)           $(20,511)         $(34,975)

Adjustments to reconcile net
loss to net cash provided by
operating activities:

 Capital contributions                          3,650                    -             3,650                   -             3,650
 Increase in accounts receivable                    -                1,250                 -                   -              (128)
 Increase in due from a director                  (44)                   -               (44)                  -               (44)
 Increase in accounts payable                   1,350               (6,759)              100               4,200             4,600
                                             --------             --------          --------            --------          --------

Net cash used in operations                    (1,935)              (7,576)           (7,171)            (16,311)          (26,897)
                                             --------             --------          --------            --------          --------

CASH FLOWS FROM INVESTING ACTIVITIES:

Purchase of Rights to Cigar King concept            -                    -                 -             (50,000)          (50,000)
                                             --------             --------          --------            --------          --------

CASH FLOWS FROM FINANCING ACTIVITIES:

Proceeds from issuance of common stock              -                    -                 -              77,750            77,750
                                             --------             --------          --------            --------          --------

     Net Increase in Cash                      (1,935)              (7,576)           (7,171)             11,439               853

     Cash at Beginning of Period                2,788               19,015             8,024                   -                 -
                                             --------             --------          --------            --------          --------

 CASH AT END OF PERIOD                       $    853             $ 11,439          $    853            $ 11,439          $    853
                                             ========             ========          ========            ========          ========
</TABLE>


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



                                       7
<PAGE>

                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 March 31, 2000

                      (Unaudited - Prepared by Management)


1.       ORGANIZATION

         The Company was  incorporated  under the laws of the State of Nevada on
         October 8, 1998 with the authorized common shares of 200,000,000 shares
         at $0.001 par value.

         The Company is in the development stage.


2.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         Accounting Methods
         ------------------

         The Company  recognizes income and expenses based on the accrual method
         of accounting.

         Dividend Policy
         ---------------

         The  Company  has  not  yet  adopted  a  policy  regarding  payment  of
         dividends.

         Income Taxes
         ------------

         The Company may incur an  operating  loss for the year ending March 31,
         2000 which will be available for carryover and applied  against  future
         taxable  income  resulting in a tax benefit.  The potential tax benefit
         from any loss  carry  forward  has been  fully  offset  by a  valuation
         reserve because the use of any future tax benefit is doubtful since the
         Company has no operations.

         Any loss carry  forward  from the year ended  September  30,  2000 will
         expire in the year 2020.

         Earnings (Loss) per Share
         -------------------------

         Earnings  (loss) per share  amounts are computed  based on the weighted
         average number of shares actually outstanding.

         Cash and Cash Equivalents
         -------------------------

         The Company  considers all highly liquid  instruments  purchased with a
         maturity,  at the time of purchase,  of less than three  months,  to be
         cash equivalents.




                                       8
<PAGE>

                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 March 31, 2000

                      (Unaudited - Prepared by Management)


2.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

         Comprehensive Income
         --------------------

         The Company  adopted  Statement of Financial  Accounting  Standards No.
         130.  The  adoption  of  this  standard  had no  impact  on  the  total
         stockholder's equity.

         Recent Accounting Pronouncements
         --------------------------------

         The  Company  does  not  expect  that  the  adoption  of  other  recent
         accounting  pronouncements will have a material impact on its financial
         statements.

         Financial Instruments
         ---------------------

         The  carrying  amounts of  financial  instruments,  including  cash and
         accounts  payable are  considered by  management to be their  estimated
         fair values.

         Estimates and Assumptions
         -------------------------

         Management  uses  estimates  and  assumptions  in  preparing  financial
         statements in accordance with generally accepted accounting principles.
         Those  estimates  and  assumptions  affect the reported  amounts of the
         assets  and  liabilities,  the  disclosure  of  contingent  assets  and
         liabilities,  and the reported  revenues and expenses.  Actual  results
         could vary from the  estimates  that were  assumed in  preparing  these
         financial statements.

3.       PURCHASE OF RIGHTS TO CIGAR KING CONCEPT

         On November 24, 1998 the Company  acquired the exclusive  rights to use
         the name "Cigar King" to market high quality  cigars  through a climate
         controlled kiosk merchandising display case, by the payment of $50,000.
         The  purchase  price will be amortized to expense over five years after
         operations begin.

4.       RELATED PARTY TRANSACTIONS

         Related parties acquired 43% of the common stock issued.

         The  officers  and  directors  of the  Company  are  involved  in other
         business  activities  and they may, in the future,  become  involved in
         additional business ventures which also may require their attention. If
         specific business opportunity becomes available,  such persons may face
         a conflict in  selecting  between the Company and their other  business
         interests.  The Company has  formulated no policy for the resolution of
         such conflicts.




                                       9
<PAGE>

                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 March 31, 2000

                      (Unaudited - Prepared by Management)






5.       GOING CONCERN

         Continuation  of the  Company  as a going  concern  is  dependent  upon
         obtaining  additional working capital and the management of the Company
         has  developed  a  strategy,  which it believes  will  accomplish  this
         objective through  additional equity funding,  and long term financing,
         which will enable the Company to operate in the future.

         Management  recognizes  that,  if  it is  unable  to  raise  additional
         capital, the Company cannot operate in the future.

































                                       10
<PAGE>

--------------------------------------------------------------------------------

                           ITEM 2. PLAN OF OPERATIONS

--------------------------------------------------------------------------------

The  Company's  management  is in the process of reviewing  the costing of kiosk
systems and determining the  profitability  of various  locations that are under
consideration  for  installation  of  the  kiosks.   The  management  is  having
difficulty in determining  suitable  locations for the kiosks due to the adverse
reactions of the public to smoking.

Liquidity and Capital Resources
-------------------------------

The Company will need additional working capital to finance its activities.  The
additional working capital may be obtained through additional equity funding and
long term financing.


Results of Operations
---------------------

The Company has had no revenues from operations since its inception.



























                                       11
<PAGE>


                                   SIGNATURES


         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.


                                        CIGAR KING CORPORATION
                                        (Registrant)




        June 12,2000
-----------------------------           ----------------------------------------
             Date                       Steven Bruce - President and Director






















                                       12