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 SECURITIES
     EXCHANGE ACT OF 1934

     For the quarterly period ended     September 30, 2002

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     For the transition period from _______________ to _______________

     For Quarter Ended September 30, 2002         Commission File Number 0-25753
                       ------------------                                -------

                            JAGUAR INVESTMENTS, INC.
             ------------------------------------------------------
             (Exact name of Registrant as specified in its charter)


            Nevada                                       87-0449667
-------------------------------             ------------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

545 8th Avenue, Suite 401, New York, New York                   10018
-----------------------------------------------               ----------
   (Address of principal executive offices)                   (Zip Code)

Registrant's telephone number, including area code          (212) 841-0916

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 and Exchange Act of 1934
during the preceding 12 months and (2) has been subject to such filing
requirements for the past 90 days.

                                        Yes [X]    No [ ]

   Class                                     Outstanding as of November 18, 2002
Common Stock                                             15,510,000
------------                                             ----------
<PAGE>

                            JAGUAR INVESTMENTS, INC.
                                   FORM 10-QSB
                                QUARTERLY REPORT
                               September 30, 2002


                                TABLE OF CONTENTS


PART I -  FINANCIAL INFORMATION

Item 1.   Financial Statements.............................................  1

Item 2.   Management's Discussion and Analysis or Plan of Operations.......  8

Item 3    Controls and Procedures.......................................... 10


PART II - OTHER INFORMATION

Item 1.   Legal Proceedings................................................ 11

Item 2.   Changes in Securities............................................ 11

Item 3.   Defaults Upon Senior Securities.................................. 11

Item 4.   Submission of Matters to a Vote of Security Holders.............. 11

Item 5.   Other Information................................................ 11

Item 6.   Exhibits and Reports on Form 8-K................................. 11

SIGNATURES................................................................. 11

                                        i
<PAGE>

                          PART I. FINANCIAL INFORMATION

Item 1.  Financial Statements

                         [INDEX TO FINANCIAL STATEMENTS]

         Consolidated Balance Sheet as of September 30, 2002 and
         December 31, 2001 (unaudited for September 30, 2002 period)........ 2

         Consolidated Statements of Operations for the nine months ended
         September 30, 2002 and September 30, 2001 (unaudited).............. 3

         Consolidated Statements of Operations for the three months ended
         September 30, 2002 and September 30, 2001 (unaudited).............. 4

         Consolidated Statements of Cash Flows for the nine months ended
         September 30, 2002 and September 30, 2001 (unaudited).............. 5

         Notes to Consolidated Financial Statements......................... 6


                                       -1-
<PAGE>

                                 JAGUAR INVESTMENTS, INC.

                                CONSOLIDATED BALANCE SHEETS

                                        (Unaudited)

                                          Assets


<TABLE>
<CAPTION>
                                                              September 30,   December 31,
                                                                   2002           2001
                                                               -----------    -----------
<S>                                                            <C>            <C>
Current Assets:
   Prepaid expenses                                            $ 1,175,776    $       646
                                                               -----------    -----------
         Total current assets                                    1,175,776            646
                                                               -----------    -----------

Property and Equipment, net of accumulated
   depreciation of $45,521 and $39,446, respectively                15,507         21,582
                                                               -----------    -----------

Other Assets;
   Goodwill                                                        299,034        299,034
   Investments                                                      15,000         15,000
   Security deposits                                                29,837         29,837
                                                               -----------    -----------
         Total other assets                                        343,871        343,871
                                                               -----------    -----------

         Total assets                                          $ 1,535,154    $   366,099
                                                               ===========    ===========

                          Liabilities and Stockholders' (Deficit)

Current Liabilities:
   Notes payable                                               $ 2,010,860    $ 1,914,183
   Accounts payable and accrued expenses                         2,263,424      2,125,066
                                                               -----------    -----------
         Total current liabilities                               4,274,284      4,039,249
                                                               -----------    -----------

Stockholders' (Deficit):
   Preferred stock, $.001 par value per share 1,000,000
      shares authorized and $-0- issued and outstanding                 --             --
   Common stock, $.001 par value per share 100,000,000
      shares authorized and 15,510,000 and 12,410,000
      shares issued and outstanding in 2002 and 2001,
      respectively                                                  15,510         12,410
   Additional paid-in capital in excess of par value             3,881,895        243,245
   Deficit                                                      (6,636,535)    (3,928,805)
                                                               -----------    -----------
         Total stockholders' (deficit)                          (2,739,130)    (3,673,150)
                                                               -----------    -----------

         Total liabilities and stockholders' (deficit)         $ 1,535,154    $   366,099
                                                               ===========    ===========
</TABLE>


                 See accompanying notes to financial statements.

                                       -2-
<PAGE>

                                 JAGUAR INVESTMENTS, INC.

                           CONSOLIDATED STATEMENTS OF OPERATIONS

                          For the nine months ended September 30,

                                        (Unaudited)


<TABLE>
<CAPTION>
                                                                    2002           2001
                                                                -----------    -----------

<S>                                                             <C>            <C>
Revenue                                                         $        --    $        --

Cost of sales                                                            --             --
                                                                -----------    -----------

Gross profit                                                             --             --

Expenses:
   Selling, general and administrative                            2,574,997         28,770
                                                                -----------    -----------

(Loss) before depreciation and interest expense                  (2,574,997)       (28,770)

Interest                                                            126,658

Depreciation                                                          6,075             --
                                                                -----------    -----------

Net (loss)                                                      $(2,707,730)   $   (28,770)
                                                                ===========    ===========

Net (loss) per share (basic and diluted) based
   upon 14,575,441 and -0- weighted average
   shares outstanding shares for September 30, 2002 and 2001,
   respectively                                                 $     (0.19)   $        --
                                                                ===========    ===========
</TABLE>


                 See accompanying notes to financial statements.

                                       -3-
<PAGE>

                               JAGUAR INVESTMENTS, INC.

                         CONSOLIDATED STATEMENTS OF OPERATIONS

                       For the three months ended September 30,

                                      (Unaudited)


<TABLE>
<CAPTION>
                                                                   2002         2001
                                                                ---------    ---------

<S>                                                             <C>          <C>
Revenue                                                         $      --    $      --

Cost of sales                                                          --           --
                                                                ---------    ---------

Gross profit                                                           --           --

Expenses:
   Selling, general and administrative                            485,216          911
                                                                ---------    ---------

(Loss) before depreciation and interest expense                  (485,216)        (911)

Interest                                                           42,334           --

Depreciation                                                        2,025           --
                                                                ---------    ---------

Net (loss)                                                      $(529,575)   $    (911)
                                                                =========    =========

Net (loss) per share (basic and diluted) based
   upon 14,140,055 and -0- weighted average
   shares outstanding shares for September 30, 2002 and 2001,
   respectively                                                 $   (0.04)   $      --
                                                                =========    =========
</TABLE>


                 See accompanying notes to financial statements.

                                       -4-
<PAGE>

                             JAGUAR INVESTMENTS, INC.

                       CONSOLIDATED STATEMENTS OF CASH FLOWS

                      For the nine months ended September 30,

                                    (Unaudited)


<TABLE>
<CAPTION>
                                                            2002           2001
                                                        -----------    -----------
<S>                                                     <C>            <C>
Cash Flows from Operating Activities:
    Net (loss)                                          $(2,707,730)   $   (28,770)

Adjustments to Reconcile Net (Loss) to Cash
  (Used in) Operating Activities:
    Depreciation and amortization                             6,075             --

  Changes in Assets and Liabilities:
    Inrease in prepaid expenses                          (1,175,130)            --
    Increase in accounts payable and accrued expenses       150,211         24,142
                                                        -----------    -----------

        Net cash (used in) operating activities          (3,726,574)        (4,628)
                                                        -----------    -----------

Cash Flows from Financing Activities:
    Contribution of capital by shareholder                       --          4,628
    Shares for services                                   3,641,750             --
    Increase in note payable                                 84,824             --
                                                        -----------    -----------

        Net cash provided by financing activities         3,726,574          4,628
                                                        -----------    -----------

Increase in cash                                                 --             --

Cash, beginning of period                                        --             --
                                                        -----------    -----------

Cash,  end of period                                    $        --    $        --
                                                        ===========    ===========

Supplemental Disclosures:
    Income tax                                          $        --    $        --
                                                        ===========    ===========

    Interest paid                                       $        --    $        --
                                                        ===========    ===========
</TABLE>


                 See accompanying notes to financial statements.

                                       -5-
<PAGE>


                            JAGUAR INVESTMENTS, INC.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                               September 30, 2002


Note 1 - Basis of Presentation:
-------------------------------

         The financial information included herein is unaudited; however, such
         information reflects all adjustments (consisting solely of normal
         recurring adjustments), which are, in the opinion of management,
         necessary for a fair statement of results for the interim periods.

         The results of operations for the nine and three month periods ended
         September 30, 2002 and 2001 are not necessarily indicative of the
         operating results to be expected for the full year.

Note 2 - Principles of Consolidation:
-------------------------------------

         The consolidated financial statements include the accounts of Jaguar
         Investments, Inc. and its wholly owned subsidiaries. All material
         intercompany accounts and transactions have been eliminated in
         consolidation.

Note 3 - Going Concern:
-----------------------

         The Company's financial statements are prepared using generally
         accepted accounting principles applicable to a going concern, which
         contemplates the realization of assets and liquidation of liabilities
         in the normal course of business. However, the Company does not have
         significant cash or other material assets, nor does it have an
         established source of revenue sufficient to cover its operating costs
         and to allow it to continue as a going concern. It is the intent of the
         Company to raise additional capital and seek business opportunities
         that will generate a profit. Until that time, the principal
         shareholders of the Company have committed to meeting its minimal
         operating needs.

Note 4 - Stockholders' (Deficit):
---------------------------------

         During the quarter ended September 30, 2002, the Company issued 500,000
         shares of stock in consideration for extending an existing consulting
         agreement by eighteen months to December 2005. The value of this
         transaction was $675,000 based upon the fair market value of the
         Company's common stock at the issue date. The Company also issued an
         additional 300,000 shares having a fair market value at the date of
         issue of $381,750. These shares were issued for past services rendered
         to the company by the Chief Executive and Financial Officer (30,000
         shares) and a consultant (270,000 shares).

                                      -6-
<PAGE>

                            JAGUAR INVESTMENTS, INC.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                               September 30, 2002


Note 5 - Other Event:
---------------------

         On March 25, 2002, the Company entered into a Memorandum of
         Understanding with First Responder, Inc. ("Responder"), pursuant to
         which Responder agreed to merge with and into the Company subject to
         the execution of a definitive agreement between the parties. The
         Memorandum of Understanding contemplates the issuance of up to an
         aggregate of 4,615,385 shares of the Company's common stock upon the
         consummation of the merger.

         Based in New York, Responder was incorporated in January 2002. Its core
         businesses include developing, marketing and instituting a modular
         curriculum of professional and secular directed disaster awareness and
         response training seminars, assembling, marketing and distributing
         consumer disaster survival and response kits, and providing risk/threat
         assessment services.

         Although the Memorandum of Understanding with Responder is non-binding,
         both parties have agreed to negotiate in good faith with the view to
         executing a definitive agreement as soon as practicable. It is expected
         that the definitive agreement will contain various conditions to
         closing of the transaction, which is expected to occur on or before
         July 1, 2002.

Note 6 - Subsequent Event:
--------------------------

         On November 6, 2002, the Company and First Responder executed the Share
         Exchange agreement whereby the Company will exchange 18,000,000 common
         shares and 1,000,000 preferred shares for all the outstanding shares of
         First Responder. The closing is to take place when certain conditions
         as outlined in the agreement are net. One of the conditions is the
         Company's sale of all its assets to the DAR Group, Inc. and to whom the
         Company owes approximately $2,000,000.

                                      -7-

<PAGE>

Item 2.  Management's Discussion and Analysis or Plan of Operations

         The following discussion and analysis or plan of operations provides
information which management believes is relevant to an assessment and
understanding of the Company's results of operations and financial condition.
This discussion should be read in conjunction with the financial statements and
notes thereto appearing elsewhere herein.

         Statements in this Form 10-QSB as well as statements made in press
releases and oral statements that may be made by the Company or by officers,
directors or employees of the Company acting on its behalf that are not
statements of historical or current fact constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks, uncertainties and
other unknown factors that could cause the actual results of the Company to be
materially different from the historical results or from any future results
expressed or implied by such forward-looking statements. In addition to
statements that explicitly describe such risks and certainties, readers are
urged to consider statements labeled with the terms "believes," "belief,"
"expects," "intends, "anticipates" or "plans" to be uncertain and
forward-looking. The forward-looking statements contained herein are also
subject generally to other risks and uncertainties that are described from time
to time in the Company's report and registration statements filed with the
Securities and Exchange Commission.

         Overview

         Since its inception, the Company, as a development stage company,
historically operated with minimal assets or capital and with no significant
operations or income until it acquired 100% of the issued and outstanding shares
of common stock of Premier Sports Media and Entertainment Group, Inc., a New
York corporation ("Premier"), on December 19, 2001. Notwithstanding the
acquisition of Premier, the Company has continued to operate with no significant
income. This is due, in part, to Premier's limited operating history and the
problems, expenses and difficulties frequently encountered by new businesses in
general and the sports, media and entertainment businesses in particular.
Accordingly, the Company does not believe that comparisons between the results
of operations for the current period with prior periods would be meaningful.



                                      -8-
<PAGE>

         Plan of Operations

         On November 6, 2002 the Company entered into a definitive Share
Exchange Agreement (the "Agreement") pursuant to which the Company will acquire
all of the issued and outstanding shares of First Responder Inc., ("First
Responder") a company specializing in preparedness education, threat and risk
assessment and mitigation and implementation of preparedness solutions.

         Once complete, the Agreement provides that the shareholders of First
Responder will own an aggregate of 18,000,000 shares of the Company's common
stock out of a total of 26,210,000 shares of common stock to be outstanding
after the closing of the Agreement. One of the principal shareholders of First
Responder will also receive 1,000,000 shares of the Company's preferred stock.
The Company's preferred stock will be convertible into the Company's common
stock at $.60 per share at the option of the holder, have a $1.00 per share
liquidation preference and will entitle the holder thereof to vote as if such
shares were converted into common stock. The closing of the transaction is
contingent upon the fulfillment of certain customary and other conditions,
including the Company reducing its fully diluted outstanding shares of its
common stock to 8,210,000 prior to the closing, the receipt of certain releases
and the sale of all of the Company's assets to DAR Group, Inc., to whom the
Company owes approximately $2,000,000.

         The Company expects the transaction to close by December 31, 2002.
However, there can be no assurance that the conditions precedent to closing the
Agreement will be fulfilled or that the Agreement, although executed, will
actually close; nor can there be any assurance that, if the acquisition of First
Responder is not consummated, the Company will be able to identify any other
suitable acquisition candidate, investment or opportunity, or consummate any
other transaction. If the transaction does not close, the Company contemplates
reviewing all of its current operations and considering all of its strategic
alternatives with respect to such operations, including the possible sale or
discontinuance of some or all thereof.

Liquidity and Capital Resources

         The Company has incurred losses to date. The Company's accumulated
deficit at September 30, 2002 was $2,739,130. Historically, the Company has
relied on the private sale of equity and debt securities to finance its
operations. The Company did not have any cash on hand or cash equivalents at
September 30, 2001 and September 30, 2002. The Company is attempting to raise
additional financing through the sale of equity securities and/or debt
instruments. Any additional sales of equity securities is likely to have a
dilutive effect upon existing shareholders and any debt instruments issued may
contain restrictions on the Company's operations. If it is unable to raise
additional financing, the Company may have to curtail or cease operations.

                                      -9-
<PAGE>

Item 3.  Controls And Procedures

(a)      Evaluation of Disclosure Controls and Procedures.
         ------------------------------------------------

         Within the 90 days prior to the date of this report, the Company
carried out an evaluation, under the supervision and with the participation of
the Company's management, including the Company's Chief Executive and Chief
Financial Officer, of the effectiveness of the design and operation of the
Company's disclosure controls and procedures pursuant to Exchange Act Rule
13a-14. Based upon that evaluation, the Chief Executive and Chief Financial
Officer concluded that the Company's disclosure controls and procedures are
effective in timely alerting him to material information required to be included
in the Company's periodic SEC filings relating to the Company (including its
consolidated subsidiaries).

(b)      Changes in Internal Controls.
         ----------------------------

         There were no significant changes in the Company's internal controls or
in other factors that could significantly affect these internal controls
subsequent to the date of our most recent evaluation.

                                      -10-
<PAGE>

                           PART II. OTHER INFORMATION

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

         None

Item 2.  Changes in Securities
         ---------------------

         None

Item 3.  Defaults Under Senior Securities
         --------------------------------

         None

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

         None

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

         None

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

         (a)      Exhibits

                  99       Certification of Principal Executive and Financial
                           Officer, dated November 18, 2002

         (b)      Reports on Form 8-K

                  None


                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report on Form 10-QSB to be signed on its
behalf by the undersigned thereunto duly authorized.

                                       JAGUAR INVESTMENTS, INC.


                                       By: /s/ GREGORY RICCA
                                           -------------------------------------
                                           Name:  Gregory Ricca
                                           Title: President and Chief Executive
                                                  Officer

DATE: November 18, 2002

                                      -11-
<PAGE>

                                 CERTIFICATIONS
                                 --------------

I, Gregory Ricca, Chief Executive and Chief Financial Officer of Jaguar
Investments, Inc. certify that:

1.   I have reviewed this quarterly report on Form 10-QSB of Jaguar Investments,
     Inc.;

2.   Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and cash
     flows of the registrant as of, and for, the periods presented in this
     quarterly report;

4.   I am responsible for establishing and maintaining disclosure controls and
     procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
     registrant and I have:

     a)   designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to me by others within those
          entities, particularly during the period in which this quarterly
          report is being prepared;

     b)   evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this quarterly report (the "Evaluation Date"); and

     c)   presented in this quarterly report my conclusions about the
          effectiveness of the disclosure controls and procedures based on my
          evaluation as of the Evaluation Date;

                                      -12-
<PAGE>

5.   I have disclosed, based on my most recent evaluation, to the registrant's
     auditors and to the audit committee of registrant's board of directors (or
     persons performing the equivalent function):

     a)   all significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses in
          internal controls; and

     b)   any fraud, whether or not material, that involves management or other
          employees who have a significant role in the registrant's internal
          controls; and

6.   I have indicated in this quarterly report whether or not there were
     significant changes in internal controls or in other factors that could
     significantly affect internal controls subsequent to the date of my most
     recent evaluation, including any corrective actions with regard to
     significant deficiencies and material weaknesses.


Date: November 18, 2002                /s/ GREGORY RICCA
                                       -----------------------------------------
                                       Chief Executive and Chief
                                       Financial Officer

                                      -13-