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,  2001
                                            ----------------

(  )     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.)

269  Robson  Place
Delta,  BC,  Canada                                        V4M  3P3
-------------------                                        --------
(Address  of  principal executive offices)                (Zip Code)

                           604-943-0468
               --------------------------------------
          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,  2001
          ----------                    -------------------------------------
   Common  Stock,  $0.001  per share                  10,535,000

                                      -1-
<PAGE>



                                      INDEX

<TABLE>
<CAPTION>




PART 1.                                                                          Page Number
-------                                                                       --------------
<S>      <C>                                                                  <C>

ITEM 1.  Financial Statements (unaudited)                                                  3
-------  ----------------------------------------------------  -----------------------------


         Balance Sheet as at March 31, 2001
         and September 30, 2000                                                            4
         ----------------------------------------------------  -----------------------------


         Statement of Operations
         For the three months ended March 31, 2001 and 2000,
         for the six months ended March 31, 2001 and 2000
         and for the period from October 8, 1998 (Date of
         Inception) to March 31, 2001                                                      5
         ----------------------------------------------------  -----------------------------


         Statement of Cash Flows
         For the six months ended March 31, 2001 and 2000
         and for the period from October 8, 1998 (Date of
         Inception) to March 31, 2001                                                      6
         ----------------------------------------------------  -----------------------------


         Notes to the 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, 2001 and the statement of operations for the three and six
months  ended  March  31, 2001 and 2000, and for the period from October 8, 1998
(date of inception) to March 31, 2001 and the statement of cash flow for the six
months  ended  March  31,  2001 and 2000 and for the period from October 8, 1998
(date  of  inception)  to  March  31,  2001  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  and  cash  flows  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, 2001, are not necessarily
indicative of the results that can be expected for the year ending September 30,
2001.























                                      -3-
<PAGE>




                             CIGAR KING CORPORATION
                          (A Development Stage Company)

                                 BALANCE  SHEET

                     March 31, 2001  and September 30, 2000
                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>




<S>                                                          <C>          <C>
                                                              March 31,    September 30,
                                                                2001            2000
                                                             -----------  ---------------

ASSETS

CURRENT ASSETS

     Bank . . . . . . . . . . . . . . . . . . . . . . . . .  $       13   $          160
                                                             -----------  ---------------

TOTAL CURRENT ASSETS. . . . . . . . . . . . . . . . . . . .  $       13   $          160
                                                             ===========  ===============

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

      Accounts payable and accrued liabilities. . . . . . .  $   10,145   $        6,439
      Accounts payable - related parties. . . . . . . . . .         956              956
                                                             -----------  ---------------

TOTAL CURRENT ASSETS. . . . . . . . . . . . . . . . . . . .      11,101            7,395
                                                             -----------  ---------------

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           74,515

     Deficit accumulated during the development stage . . .     (92,488)         (92,285)
                                                             -----------  ---------------

           Total Stockholders' Equity (Deficiency). . . . .     (11,088)          (7,235)
                                                             -----------  ---------------

                                                             $       13   $          160
                                                             ===========  ===============
</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, 2001 and 2000
    for the six months ended March 31, 2001 and 2000 and for the period from
              October 8, 1998 (Date of Inception) to March 31, 2001

                     (Unaudited  -  Prepared by Management)

<TABLE>
<CAPTION>




<S>                                      <C>           <C>           <C>           <C>            <C>
                                          FOR THE       FOR THE       FOR THE       FOR THE
                                           THREE         THREE          SIX           SIX            FROM
                                           MONTHS        MONTHS        MONTHS        MONTHS         INCEPTION
                                            ENDED         ENDED         ENDED         ENDED            TO
                                         MARCH  31,     MARCH 31,     MARCH 31,      MARCH 31,       MARCH 31,
                                            2001          2000          2001           2000           2001
                                         ------------  ------------  ------------  -------------

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

GENERAL  AND  ADMINISTRATIVE  EXPENSES:
     Loss of license. . . . . . . . . .            -             -             -              -         50,000
     Accounting and audit . . . . . . .          950         1,350         1,900          2,350         15,150
     Bank charges and interest. . . . .           16            22            35             44            311
     Consulting . . . . . . . . . . . .            -         1,400             -          2,900          6,850
     Filing fees. . . . . . . . . . . .            -             -           225            564          2,957
     Legal. . . . . . . . . . . . . . .            -            80             -             80          2,610
     Office and administrative
         expenses . . . . . . . . . . .            -           571           208          1,471          3,290
     Rent . . . . . . . . . . . . . . .            -         1,500             -          1,500          1,500
     Telephone. . . . . . . . . . . . .            -           750             -            750          1,200
     Transfer agent's fees. . . . . . .           56         1,218         1,484          1,218          6,120
     Travel . . . . . . . . . . . . . .            -             -             -              -          2,000
     Website fees . . . . . . . . . . .            -             -             -              -            500
                                         ------------  ------------  ------------  -------------  -------------

NET LOSS. . . . . . . . . . . . . . . .  $   ( 1,022)  $    (6,891)  $    (3,852)  $    (10,877)  $   ( 92,488)
                                         ============  ============  ============  =============  =============



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, 2001 and 2000 and for the period from
              October 8, 1998 (Date of Inception) to March 31, 2001
                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>






                                             FOR THE SIX         For the Six             FROM INCEPTIONO
                                             MONTHS ENDED       Months Ended                    To
                                              MARCH 31,           March 31,                  March 31
                                                 2001                2000                      2001
                                            --------------  --------------------------  ----------------
<S>                                         <C>             <C>                         <C>
CASH FLOWS FROM
OPERATING ACTIVITIES:

Net loss . . . . . . . . . . . . . . . . .  $      (3,852)  $                 (10,877)  $       (92,488)

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

Changes in current assets and liabilities:
 Capital contributions - expenses. . . . .              -                       3,650             3,650
 Accounts payable - related parties. . . .              -                         (44)              956
 Accounts payable. . . . . . . . . . . . .          3,705                         100            10,145
                                            --------------  --------------------------  ----------------

Net cash (deficiency) from operations. . .           (147)                     (7,171)          (77,737)
                                            --------------  --------------------------  ----------------

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

CASH FLOWS FROM FINANCING ACTIVITIES:

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

     Net Increase in Cash. . . . . . . . .           (147)                     (7,171)               13

     Cash at Beginning of Period . . . . .            160                       8,024                 -
                                            --------------  --------------------------  ----------------

 CASH AT END OF PERIOD . . . . . . . . . .  $          13   $                     853   $            13
                                            ==============  ==========================  ================
</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, 2001

                      (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.
No  operations  have  been  started.

Since  its  inception  the  Company  has  completed  Regulation  D  offerings of
10,035,000  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,  2001  the Company had a net operating loss carry forward of
$92,488.  The  tax benefit of $27,746 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  2022.

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, 2001
                      (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


The  Company has not developed its original concept of operating cigar kiosks in
the  Greater  Vancouver, British Columbia area.  The funds are not available for
it  to  build  its  first  kiosk  and therefore the Company has not been able to
pursue  its  concept.

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

No  funds are on hand to undertake the cigar kiosk concept.   The directors have
been  personally  advancing  funds  to  the Company in order to meet its current
obligations.

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  29,  2001                    /s/  "Michael  J.  Kennaugh"
     --------------------                    ----------------------------
              Date                         Michael  Kennaugh  -  Director






























                                      -10-
<PAGE>