11

                                     UNITED
                       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,  2002
                                                      ----------------

(  )     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.)

42  -  2951  Panorama  Drive
Coquitlam,  BC,  Canada                                        V3E  2W3
-----------------------                                        --------
(Address  of  principal executive offices)                     (Zip Code)

                            604-941-4244
               --------------------------------------
               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,  2002
          ----------                    -------------------------------------
  Common  Stock,  $0.001  per share                  10,535,000


                                      -1-
<PAGE>


                                      INDEX



<TABLE>
<CAPTION>




<S>                                                         <C>                                  <C>
                                                                                                PAGE
                                                                                              NUMBER
                                                                                            --------
PART 1.

ITEM1.. . . .  Financial Statements              .                                              3

               Balance Sheet as at March 31, 2002
                 and September 30, 2001. . . . . . . . . . . . . . .                            4

               Statement of Operations
                 For the three months ended March 31, 2002 and 2001,
                 For the six months ended March 31, 2002 and 2001
                 and for the period from October 8,1998 (Date of
                 Inception) to March 31, 2002. . . . . . . . . . . .                            5

               Statement of Cash Flows
                 For the six months ended March 31, 2002 and 2001
                 and for the period from October 8,1998 (Date of
                 Inception) to March 31, 2002. . . . . . . . . . . .                            6

               Notes to Financial Statements. . . . . . . . . . . . . .                         7

ITEM 2.        Plan of Operations                                                               9

PART 11. . . . Signatures                                                                      10

</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, 2002 and the statement of operations for the three and six
months  ended  March  31, 2002 and 2001, and for the period from October 8, 1998
(date of inception) to March 31, 2002 and the statement of cash flow for the six
months  ended  March  31,  2002 and 2001 and for the period from October 8, 1998
(date  of  inception)  to  March  31,  2002  have been prepared by the Company's
management  in  conformity  with accounting principles generally accepted in the
United  States  of  America.  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 three months ended March 31, 2002, are not necessarily
indicative of the results that can be expected for the year ending September 30,
2002.























                                      -3-
<PAGE>




                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                                 BALANCE  SHEET

                     March 31, 2002  and September 30, 2001
                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>




<S>                                                         <C>           <C>
                                                               MARCH 31,    September 30,
                                                                   2002             2001
                                                            ------------  ---------------

ASSETS

CURRENT ASSETS

     Bank. . . . . . . . . . . . . . . . . . . . . . . . .  $        18   $            2
                                                            ------------  ---------------

TOTAL CURRENT ASSETS . . . . . . . . . . . . . . . . . . .  $        18   $            2
                                                            ============  ===============

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

      Accounts payable and accrued liabilities . . . . . .  $    13,460   $       13,267
      Accounts payable - related parties . . . . . . . . .        1,341            1,206
                                                            ------------  ---------------

TOTAL CURRENT ASSETS . . . . . . . . . . . . . . . . . . .       14,801           14,473
                                                            ------------  ---------------

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. . . . . . . . . . . .       78,165           78,165

     Deficit accumulated during the development stage. . .     (103,483)         (99,871)
                                                            ------------  ---------------

           Total Stockholders' Deficiency. . . . . . . . .      (14,783)         (11,171)
                                                            ------------  ---------------

                                                            $        18   $            2
                                                            ============  ===============
</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 and six months ended March 31, 2002 and 2001,
  and for the period from October 8, 1998 (Date of Inception) to March 31, 2002

                     (Unaudited  -  Prepared by Management)

<TABLE>
<CAPTION>




<S>                                      <C>              <C>              <C>            <C>           <C>
                                         FOR THE          FOR THE
                                         FOR THE THREE    FOR THE THREE    SIX            SIX
                                         MONTHS           MONTHS           MONTHS         MONTHS        FROM INCEPTION
                                         ENDED            ENDED            ENDED          ENDED         TO
                                         MARCH 31,        MARCH 31,        MARCH 31,      MARCH 31,     MARCH 31,
                                         2002             2001             2002           2001          2002
                                         ---------------  ---------------  -------------  ------------  ----------------

SALES . . . . . . . . . . . . . . . . .  $            -   $            -   $          -   $         -   $             -
                                         ===============  ---------------  -------------  ------------  ----------------

GENERAL  AND  ADMINISTRATIVE  EXPENSES:
     Loss of license. . . . . . . . . .               -                -              -             -            50,000
     Accounting and audit . . . . . . .             950              950          1,900         1,900            19,350
     Bank charges and interest. . . . .              17               16             34            35               381
     Consulting . . . . . . . . . . . .               -                -              -             -             9,650
     Filing fees. . . . . . . . . . . .               -                -              -           225             2,957
     Legal. . . . . . . . . . . . . . .               -                -              -             -               110
     Office and administrative
         expenses . . . . . . . . . . .              14                -             14           208             3,432
     Rent . . . . . . . . . . . . . . .               -                -              -             -             4,500
     Telephone. . . . . . . . . . . . .               -                -              -             -             2,700
     Transfer agent's fees. . . . . . .             122               56          1,664         1,484             7,903
     Travel . . . . . . . . . . . . . .               -                -              -             -             2,000
     Website fees . . . . . . . . . . .               -                -              -             -               500
                                         ---------------  ---------------  -------------  ------------  ----------------

NET LOSS. . . . . . . . . . . . . . . .  $       (1,103)  $       (1.022)  $    ( 3,612)  $    (3,852)  $     ( 103,483)
                                         ===============  ===============  =============  ============  ================


NET LOSS PER COMMON SHARE

     Basic. . . . . . . . . . . . . . .  $            -   $            -   $          -   $         -
                                         ===============  ===============  =============  ============

AVERAGE OUTSTANDING SHARES

     Basic. . . . . . . . . . . . . . .      10,535,000       10,535,000     10,535,000    10,535,000
                                         ===============  ===============  =============  ============
</TABLE>




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

                                      -5-
<PAGE>


                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                           STATEMENT  OF  CASH  FLOWS

    For the six months ended March 31, 2002 and 2001 and for the period from
              October 8, 1998 (Date of Inception) to March 31, 2002
                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>




<S>                                                                                <C>         <C>           <C>

                                                                                   FOR THE     For the
                                                                                   SIX         Six           FROM
                                                                                   MONTHS      Months        INCEPTION
                                                                                   ENDED       Ended         TO
                                                                                   MARCH 31,   March  31,    MARCH 31,
                                                                                   2002        2001          2002
                                                                                   ----------  ------------  -----------
CASH FLOWS FROM
OPERATING ACTIVITIES:

Net loss. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $   (3,612  $    (3,852)  $ (100,633)

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

Changes in current assets and liabilities:
 Capital contributions - expenses . . . . . . . . . . . . . . . . . . . . . . . .           -            -       10,950
 Accounts payable - related parties . . . . . . . . . . . . . . . . . . . . . . .         135            -        1,341
 Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       3,493        3,705       13,460
                                                                                   ----------  ------------  -----------

Net cash (deficiency) from operations . . . . . . . . . . . . . . . . . . . . . .          16         (147)     (77,732)
                                                                                   ----------  ------------  -----------

CASH FLOWS FROM INVESTING    ACTIVITIES:
                                                                                            -            -            -
                                                                                   ----------  ------------  -----------

CASH FLOWS FROM FINANCING ACTIVITIES:

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

     Net Increase (Decrease) in Cash. . . . . . . . . . . . . . . . . . . . . . .          16         (147)          18

     Cash at Beginning of Period. . . . . . . . . . . . . . . . . . . . . . . . .           2          160            -
                                                                                   ----------  ------------  -----------

 CASH AT END OF PERIOD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $       18  $        13   $       18
                                                                                   ==========  ============  ===========
</TABLE>





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

                                      -6-
<PAGE>


                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                        NOTES  TO  FINANCIAL  STATEMENTS

                                 March 31, 2002

                      (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  was  organized for the purpose of engaging in quality cigar sales.
The  company  has  since  abandoned  the  Cigar  King concept and is looking for
another  project.  No  operations  have  been  started.

Since  its  inception  the  Company  has  completed  Regulation  D  offerings of
10,535,000  of  its  common  capital  stock  for  cash.

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

     On  March  31,  2002  the Company had a net operating loss carry forward of
$100,633.  The tax benefit of $30,190 from the loss carry forward has been fully
offset  by  a  valuation  reserve  because  the use of the future tax benefit is
doubtful  since  the  Company  is  in  the development stage and has not started
operations.  The  net  operating  loss  will  expire  in  2023.

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

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

                                      -7-
<PAGE>


                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                        NOTES  TO  FINANCIAL  STATEMENTS

                                 March 31, 2002

                      (Unaudited - Prepared by Management)


2.     SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  -  CONTINUED

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.

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.     RELATED  PARTY  TRANSACTIONS

     Related  parties  acquired  43%  of  the  common  stock  issued.

4.     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  for  the  coming  year.


                                      -8-
<PAGE>



                          ITEM 2.   PLAN OF OPERATIONS


Current  government  regulations  go  against  the  development of a cigar kiosk
business.  In British Columbia smoking is not permitted on business premises, or
in  restaurants,  and people have to smoke outside in most cases.  Also, smoking
is  frowned  upon  for  health  reasons  in our aging society.  As a result, any
business  relating to marketing tobacco will have difficulties.  The Company has
decided  to  abandon  its  Cigar  King  concept.

Management now plans to look for a new project to invest in as soon possible and
has  some  potential  projects  in  mind.

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

The  directors  have  been personally advancing funds to the Company in order to
meet  its  current obligations and plan to still do so until a viable project is
found.

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

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


























                                      -9-
<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  6,  2002                    /s/  "Michael  J.  Kennaugh"
     ----------------                    ----------------------------
          Date                         Michael  J.  Kennaugh  -  Director




























                                      -10-
<PAGE>