Securities and Exchange Commission
                              Washington D.C. 20549

                                AMENDMENT NO. 1
                                       TO
                                   FORM 10-QSB

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



                 For the fiscal quarter ended: December 31, 2002
                        Commission file number: 0-26445


                               IPMC HOLDINGS CORP.
                                      F/K/A
                        ACCESS HEALTH ALTERNATIVES, INC.
             (Exact name of registrant as specified in its charter)


          FLORIDA                                                59-3542362
(State or other jurisdiction of                               (I.R.S. Employer
incorporation or organization)                               Identification No.)


                              11800 28 STREET NORTH
                          ST. PETERSBURG, FLORIDA 33716
                    (Address of principal executive offices)
                                   (Zip code)

                                 (727) 592-0146
              (Registrant's telephone number, including area code)


Indicate by check mark whether 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), and (2) has been subject to such filing
requirements for the past 90 days.   [X] Yes    [ ] No

Indicate the number of shares outstanding of each of the registrant's classes of
common stock, as of December 31, 2002: 16,081,296 shares of common stock, $.001
par value per share.

<PAGE>


                   ACCESS HEALTH ALTERNATIVES AND SUBSIDIARIES

                                      INDEX
<TABLE>
<CAPTION>


                                                                                                                    Page
                                                                                                                    ----
<S>                                                                                                                    <C>
PART I - FINANCIAL INFORMATION

      Item 1 - Financial Statements

      Consolidated Balance Sheet (Unaudited)
                  December 31, 2002................................................................................    2
       Consolidated Statements of Operations (Unaudited)
                  For the Six  Months Ended December 31, 2002 and 2001 ............................................    3
      Consolidated Statements of Cash Flows (Unaudited)
                  For the Six Months Ended December 31, 2002 and 2001..............................................    4

      Notes to Consolidated Financial Statements...................................................................    5

      Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations...............    6


PART II - OTHER INFORMATION

      Item 1 - Legal Proceedings...................................................................................    7

      Item 4 - Submission of Matters to a Vote of Security Holders.................................................    7

      Item 6 - Exhibits and Reports on Form 8-K....................................................................    7

      Signatures...................................................................................................    8
</TABLE>


                                        i
<PAGE>
                         PART I - FINANCIAL INFORMATION

Item 1 - Financial Statements
         --------------------

                               IPMC HOLDINGS CORP.
                   (FORMERLY ACCESS HEALTH ALTERNATIVES, INC.)
                           CONSOLIDATED BALANCE SHEET
                                DECEMBER 31, 2002
                                   (UNAUDITED)



                                     ASSETS
                                     ------
Current assets:
  Cash                                                              $    17,334
  Accounts receivable - trade                                           618,427
  Inventory                                                             320,115
                                                                    -----------
    Total current assets                                                955,876

Property and equipment, at cost, net of
  accumulated depreciation of $620,683                                2,634,239

Deposits                                                                 38,892
                                                                    -----------
                                                                    $ 3,629,007
                                                                    ===========

                      LIABILITIES AND STOCKHOLDERS' EQUITY
                      ------------------------------------
Current liabilities:
  Notes payable                                                     $   550,000
  Note payable - related party                                        1,033,457
  Accounts payable                                                    1,830,319
  Accrued expenses                                                       79,250
  Accrued interest                                                      107,567
  Advances from affiliates                                              403,803
                                                                    -----------
Total current liabilities                                             4,004,396


Stockholders' equity:
  Common stock, $.001 par value,
    50,000,000 shares authorized,
    16,081,296 shares issue and outstanding                              16,081
  Additional paid-in capital                                          3,046,568
  Deficit                                                            (3,438,038)
                                                                    -----------
                                                                       (375,389)
                                                                    -----------
                                                                    $ 3,629,007
                                                                    ===========



                 See accompanying notes to financial statements.

                                        2


<PAGE>

                               IPMC HOLDINGS CORP.
                   (FORMERLY ACCESS HEALTH ALTERNATIVES, INC.)
                      CONSOLIDATED STATEMENTS OF OPERATIONS
           FOR THE THREE MONTHS AND SIX MONTHS ENDED DECEMBER 31, 2002
                                   (UNAUDITED)
<TABLE>
<CAPTION>

                                             THREE MONTHS ENDED                  SIX MONTHS ENDED
                                                 DECEMBER 31,                       DECEMBER 31,
                                            2002              2001             2002              2001
                                        ------------      ------------      ------------      ------------

<S>                                     <C>               <C>               <C>               <C>
Sales                                   $    780,235      $         --      $  1,728,669      $         --
Cost of sales and services                   786,706                --         1,647,003                --
Gross profit                                  (6,471)               --            81,666                --

General and administrative expenses          335,150           356,404         1,406,138           686,854
                                        ------------      ------------      ------------      ------------

(Loss) from operations                      (341,621)         (356,404)       (1,324,472)         (686,854)

Other income and (expense):
  Interest expense                            (9,250)               --           (18,500)               --
  Other income                                    --                --                --                --
                                        ------------      ------------      ------------      ------------
                                              (9,250)               --           (18,500)               --
                                        ------------      ------------      ------------      ------------

(Loss) before taxes                         (350,871)         (356,404)       (1,342,972)         (686,854)
Income taxes                                      --                --                --                --
                                        ------------      ------------      ------------      ------------
Net (loss)                              $   (350,871)     $   (356,404)     $ (1,342,972)     $   (686,854)
                                        ============      ============      ============      ============


Per share information:

Basic and diluted (loss) per share      $      (0.02)     $      (0.04)     $      (0.09)     $      (0.07)
                                        ============      ============      ============      ============

Weighted average shares outstanding       16,002,046        10,000,000        14,800,523        10,000,000
                                        ============      ============      ============      ============
</TABLE>


                 See accompanying notes to financial statements.

                                        3


<PAGE>

                               IPMC HOLDINGS CORP.
                   (FORMERLY ACCESS HEALTH ALTERNATIVES, INC.)
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                   FOR THE SIX MONTHS ENDED DECEMBER 31, 2002
                                   (UNAUDITED)
<TABLE>
<CAPTION>

                                                                DECEMBER 31,
                                                           2002             2001
                                                       -----------      -----------
<S>                                                    <C>              <C>
Net (loss)                                             $(1,342,972)     $  (686,854)
  Adjustments to reconcile net (loss) to net
  cash provided by (used in) operating activities:
  Depreciation and amortization                            500,000               --
  Stock issued for services                                200,000               --
Changes in assets and liabilities:
   (Increase) decrease in accounts receivable             (618,427)              --
   (Increase) decrease in inventory                        253,694           64,823
  Increase in other assets                                 (25,242)          (8,650)
  Increase in accounts payable and
    accrued expenses                                       828,265          643,703
                                                       -----------      -----------
    Total adjustments                                    1,138,290          699,876
                                                       -----------      -----------
  Net cash (used in)
    operating activities                                  (204,682)          13,022
                                                       -----------      -----------

Cash flows from investing activities:
  Acquisition of plant and equipment                      (278,949)      (1,810,854)
                                                       -----------      -----------
Net cash (used in) investing activities
  investing activities                                    (278,949)      (1,810,854)
                                                       -----------      -----------

Cash flows from financing activities:
  Common stock sold or subscribed for cash                      --          343,250
  Advances from affiliates                                 270,140        1,453,597
  Proceeds from notes payable                              150,000               --
  Proceeds from notes payable - related party               38,257               --
                                                       -----------      -----------
  Net cash provided by
    financing activities                                   458,397        1,796,847
                                                       -----------      -----------

Increase (decrease) in cash                                (25,234)            (985)
Cash and cash equivalents,
  beginning of period                                       42,568              985
                                                       -----------      -----------
Cash and cash equivalents,
  end of period                                        $    17,334      $        --
                                                       ===========      ===========
</TABLE>


                 See accompanying notes to financial statements.

                                        4

<PAGE>

                               IPMC HOLDINGS CORP.
                   (FORMERLY ACCESS HEALTH ALTERNATIVES, INC.)
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                DECEMBER 31, 2002


(1)      BASIS OF PRESENTATION

         In the opinion of the management, the accompanying unaudited interim
         consolidated financial statements include all adjustments necessary to
         present fairly the financial position of the Company, the results of
         its operations and changes in cash flows for the interim periods
         reported. These adjustments are of a normal recurring nature. All
         financial statements presented herein are unaudited. These statements
         should be read in conjunction with the financial statements included in
         the Company's annual report on Form 10-KSB for the year ended December
         31, 2001. The results of operations for the interim periods shown in
         this report are not necessarily indicative of results to be expected
         for the fiscal year. On December 19, 2002, the Company changed its name
         to IPMC Holdings Corp.


(2)      LITIGATION

         The Company is a nominal defendant in several legal actions. While the
         results of these actions cannot be predicted with certainty, the
         Company believes that the final outcome of such litigation will not
         have a materially adverse effect on its financial condition.


(3)      BANKRUPTCY SETTLEMENT

         During September 2002, the Company's final Joint Plan of Reorganization
         was accepted by the United States Bankruptcy Court for the Middle
         District of Florida. In connection with the plan, the Company issued an
         aggregate of 325,838 shares of common stock to existing creditors and
         effected a 100 to 1 reverse stock split. Aggregate liabilities of
         $6,495,589 were converted to common stock in connection with the plan.



(4)      MERGER AGREEMENT

         On October 4, 2002, the Company completed an "Agreement for the
         Exchange of Common Stock" with International Paintball Manufacturing
         Corp. (Paintball), a Florida corporation. The Company emerged from
         bankruptcy during September 2002. The merger of Paintball and the
         Company was a condition agreed to in the final bankruptcy plan. At
         December 31, 2002 the assets and liabilities of the Company, excluding
         Paintball, consisted of post petition accounts payable of approximately
         $169,900. The prior operations of the Company were discontinued in
         connection with its bankruptcy filing in November 2001. The exchange
         agreement provided for the issuance of 13,678,250 Company shares to the
         shareholders of the Paintball. As a result, Paintball became a wholly
         owned subsidiary of the Company. The merger has been accounted for as a
         reverse merger of the Company with an inactive shell company. As a
         result, the prior operations of the Company have been excluded in the
         foregoing financial statements that reflect solely the operations of
         Paintball for the periods presented. Post petition liabilities of
         $169,900 are included in accounts payable at December 31, 2002. In
         connection with the reverse merger accounting, $7,677,877 of
         accumulated deficit related to the prior operations of the Company has
         been eliminated against the additional paid-in capital available from
         the prior operations.

                                        5


<PAGE>


Item 2 - Management's Discussion and Analysis of Financial Condition and
         ----------------------------------------------------------------
         Results of Operations
         ---------------------

RESULTS OF OPERATIONS

    Six months ended December 31, 2002 compared to six months ended
    December 31, 2001

         Net sales for the six months ended December 31, 2002, were $1,728,669.
We had no sales in 2001.

         Cost of sales for the six months ended December 31, 2002, were
$1,647,003.

         Gross profits for the six months ended December 31, 2002, were $81,666.

         General and administrative expenses for the six months ended December
31, 2002, were $1,406,138, as compared to general and administrative expenses
for the six months ended December 31, 2001, of $686,854.

         As a result of the foregoing, for the six months ended December 31,
2002, the Company incurred a net loss of $1,342,672, which was equal to a loss
of $0.09 per shares, as compared to a net loss of $686,854, which was equal to a
loss of $0.07, for the six months ended December 31, 2001.

    Three months ended December 31, 2002 compared the three months ended
    December 31, 2001

         Net sales for the three months ended December 31, 2002, were $780,235.
The Company had no sales in 2001.

         Costs of sales for the three months ended December 31, 2002, were
$786,706.

         Gross profits for the three months ended December 31, 2002, were
$6,471.

         General and administrative expenses for the three months ended December
31, 2002, were $335,150, as compared to $356,404 for the three months ended
December 31, 2001.

         As a result of the foregoing, for the three months ended December 31,
2002, the Company incurred a net loss of $350,871, which was equal to a loss of
$0.02 per shares, as compared to a loss of $356,404, which was equal to a loss
of $0.04 for the three months ended December 31, 2001.

LIQUIDITY AND CAPITAL RESOURCES

         On December 31, 2002, the Company had a working capital deficiency of
$3,048,520.

                                       6
<PAGE>


                           PART II - OTHER INFORMATION


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

         The Company is not involved in any material litigation.

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

         On December 13, 2002, in accordance with a vote of the majority of the
shareholders of the Company without a meeting and a vote of the Company's board
directors, the Company changed its name to IPMC Holdings Corp..

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

         (a) None

         (b) Reports on Form 8-K

             None

                                       7
<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.

                                               IPMC Holdings Corp.




Dated: February 24, 2003                       By:  /s/Robert Salveson
                                                  ---------------------------
                                                  Robert Salveson, President

                                       8
<PAGE>

                                 Certifications
                                 --------------


I, Robert Salveson, certify that:

         1. I have reviewed this quarterly report on Form 10-QSB of IPMC
Holdings Corp.;

         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 IPMC
Holdings Corp., 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 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 us 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 our conclusions about the effectiveness of the disclosure controls and
procedures based on our evaluation as of the Evaluation Date;

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

         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 our most recent
evaluation, including any corrective actions with regard to significant
deficiencies and material weaknesses.


Date: April 25, 2003

/s/ Pamela Wilkinson
------------------------------------
President, Chief Executive Officer,
Chief Financial Officer, and
Principal Accounting Officer


<PAGE>


                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of IPMC Holdings Corp. ("the Company")on
Form 10- QSB for the period ended December 31, 2002 as filed with the Securities
and Exchange Commission on the date hereof ("the Report"), I, Robert Salveson,
Chief Financial Officer, Principal Accounting Officer, Chief Executive Officer
and President, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

(1) the Report fully complies with the requirements of Section 13(a) or 15(d) of
the Securities Exchange Act of 1934; and

(2) the information contained in the Report fairly presents, in all material
respects, the financial condition and result of operations of the Company.

Dated: April 25, 2002

/s/ Pamela Wilkinson
-----------------------------------
President, Chief Executive Officer,
Chief Financial Officer, and
Principal Accounting Officer