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              June 30, 1999
                               -------------------------------------------------

( ) 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 October 4, 1999
---------------------------------           ----------------------------------
 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 June 30, 1999........................................        4
       Statement of Operations
          For the three months ended June 30, 1999 and for
           the period from October 8, 1998 (Date of
           Incorporation) to June 30, 1999......................................        5
       Statement of Changes in Shareholders' Equity
          For the period from October 8, 1998 (Date of
           Incorporation) to June 30, 1999......................................        6
       Statement of Cash Flows
          For the three months ended June 30, 1999 and for
            the period from October 8, 1998 (Date of
            Incorporation) to June 30, 1999.....................................        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 June 30, 1999 and the statement of operations  and statement of cash
flow for the three months ended June 30, 1999 and for the period from October 8,
1998 (date of incorporation) to June 30, 1999 and the statement of stockholders'
equity for the period from October 8, 1998 (date of  incorporation)  to June 30,
1999 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 quarter  ended June 30,  1999,  are not  necessarily
indicative of the results that can be expected for the year ending September 30,
1999.














                                       3
<PAGE>


                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                                  BALANCE SHEET

                                  June 30, 1999

                      (Unaudited - Prepared by Management)
<TABLE>
<CAPTION>
<S>                                                                      <C>

   ASSETS

   CURRENT ASSETS
        Bank                                                             $     8,779
        Accounts receivable                                                      128
                                                                              ------
                                                                               8,907
   OTHER ASSETS
       Rights to Cigar King concept - Note 3                                  50,000
                                                                              ------
                                                                         $    58,907
                                                                              ======
   LIABILITIES
         Accounts payable and accrued liabilities                        $     2,800
                                                                              ------
   STOCKHOLDERS' EQUITY
        Common stock
              200,000,000 shares authorized, at $0.001 par
              value, 10,535,000 shares issued and outstanding                 10,535
        Capital in excess of par value                                        67,215
        Deficit accumulated during the development stage                     (21,643)
                                                                             -------
              Total Stockholders' Equity                                      56,107
                                                                         $    58,907
                                                                             =======
</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 June 30, 1999 and for period from
              October 8, 1998 (Date of Inception) to June 30, 1999

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>

                                                                         FOR THE THREE        FROM INCEPTION
                                                                          MONTHS ENDED              TO
                                                                         JUNE 30, 1999        JUNE 30, 1999
                                                                         -------------        --------------
<S>                                                                      <C>                  <C>
   SALES                                                                    $      -             $     -
                                                                          ----------            ---------
   GENERAL  AND  ADMINISTRATIVE  EXPENSES:
        Accounting and audit                                                   2,000               7,000
        Bank charges and interest                                                 14                 166
        Consulting                                                                 -               3,950
        Filing fees                                                                -               1,420
        Legal                                                                      -               2,530
        Office expenses                                                          447                 917
        Transfer agent's fees                                                      -               3,160
        Travel                                                                     -               2,000
        Website fees                                                             500                 500
                                                                             -------             -------
   NET LOSS                                                                 $  2,961            $ 21,643
                                                                             =======             =======
   NET LOSS PER COMMON SHARE
       Basic                                                                $ 0.0003            $  0.002
                                                                             =======             =======
   AVERAGE OUTSTANDING SHARES
       Basic                                                              10,535,000           8,739,906
                                                                          ==========           =========

</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 June 30, 1999

                      (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               -                  -

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                  -

Net operating loss for the period from
     October 8, 1998 to June 30, 1999                                  -           -               -            (21,643)
                                                              ----------   ---------      ----------          ----------
BALANCE JUNE 30, 1999                                         10,535,000    $ 10,535     $    62,715          $ (21,643)
                                                              ==========    ========     ===========          ==========
</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 June 30, 1999 and for the period from
              October 8, 1998 (Date of Inception) to June 30, 1999

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>

                                                                      FOR THE THREE        FROM INCEPTION
                                                                       MONTHS ENDED               TO
                                                                       JUNE 30, 1999        JUNE 30, 1999
                                                                      ---------------      ---------------
<S>                                                                   <C>                   <C>

     CASH FLOWS FROM
          OPERATING ACTIVITIES:
          Net loss                                                      $  (2,961)         $   (21,643)
          Adjustments to  reconcile  net loss to net cash
               provided by operating activities:
               Increase in accounts receivable                                  -                 (128)
               Increase in accounts payable                                   300                2,800
                                                                          -------             --------
                    Net Cash from Operations                               (2,661)             (18,971)
                                                                          -------             --------
     CASH FLOWS FROM INVESTING ACTIVITIES:
              Purchase of Rights to Cigar King concept                          -              (50,000)
                                                                          -------             --------
     CASH FLOWS FROM FINANCING  ACTIVITIES:
               Proceeds from issuance of common stock                           -               77,750
                                                                          -------             --------
          Net Increase in Cash                                             (2,661)               8,779
          Cash at Beginning of Period                                      11,440                    -
                                                                          -------             --------
          CASH AT END OF PERIOD                                         $   8,779          $     8,779
                                                                          =======             ========
</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

                                  June 30, 1999

                      (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 has elected a fiscal year ending September 30, 1999 and has
         not completed an operating period and therefore has not filed an income
         tax return,  however,  the Company may incur an operating  loss for the
         year ending  September  30, 1999 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, 1999 will
         expire in the year 2019.

         Loss per Share

         Loss per share  amounts  are  computed  based on the  weighted  average
         number of shares actually  outstanding  using the treasury stock method
         in accordance with FABS Statement No. 128.

         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

                                  June 30, 1999

                      (Unaudited - Prepared by Management)


2.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

         Financial Instruments

         The carrying amounts of financial instruments,  including cash, prepaid
         expenses and deferred offering costs are considered by management to be
         their standard fair values. These values are not necessarily indicative
         of the  amounts  that the  Company  could  realize in a current  market
         exchange.

         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.

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.





                                       9
<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.

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 operations during this reporting period.











                                       10
<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)




 October 4, 1999                   /s/     Steven Bruce
 ----------------                 --------------------------------------
       Date                       Steven Bruce. - President and Director






                                       11