FORM 10-QSB



                       Securities and Exchange Commission
                              Washington D.C. 20549


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



                  For the fiscal quarter ended: March 31, 2003
                        Commission file number: 0-26445



                               IPMC HOLDINGS CORP.
             (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 March 31, 2003: 16,081,296 shares of common stock, $.001
par value per share.




<PAGE>

                               IPMC HOLDINGS CORP.
                   (FORMERLY ACCESS HEALTH ALTERNATIVES, INC.)

                                      INDEX
<TABLE>
<CAPTION>

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

      Item 1 - Financial Statements

      Consolidated Balance Sheet (Unaudited)
                  March 31, 2003...........................................................................    2
       Consolidated Statements of Operations (Unaudited)
                  For the Nine Months Ended March 31, 2003 and 2002 .......................................    3
      Consolidated Statements of Cash Flows (Unaudited)
                  For the Six Months Ended March 31, 2003 and 2002.........................................    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>



                                       1
<PAGE>
                         PART I - FINANCIAL INFORMATION

ITEM 1 - FINANCIAL STATEMENTS

                               IPMC Holdings Corp.
                   (formerly Access Health Alternatives, Inc.)
                           Consolidated Balance Sheet
                                 March 31, 2003
                                   (Unaudited)

                                     ASSETS
                                     ------
Current assets:
  Accounts receivable - trade                                       $   937,318
  Inventory                                                             235,462
                                                                    -----------
      Total current assets                                            1,172,780

Property and equipment, at cost, net of
  accumulated depreciation of $620,683                                2,385,949

Deposits                                                                 71,786
                                                                    -----------
                                                                    $ 3,630,515
                                                                    ===========
                      LIABILITIES AND STOCKHOLDERS' EQUITY
                      ------------------------------------
Current liabilities:
  Notes payable                                                     $   550,000
  Note payable - related party                                        1,033,457
  Accounts payable                                                    1,824,948
  Accrued expenses                                                      168,317
  Accrued interest                                                      153,351
  Advances from affiliates                                              495,709
                                                                    -----------
      Total current liabilities                                       4,225,782


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                                                             (3,657,917)
                                                                    -----------
                                                                       (595,268)
                                                                    -----------
                                                                    $ 3,630,515
                                                                    ===========

                 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 Nine Months Ended March 31, 2003
                                   (Unaudited)
<TABLE>
<CAPTION>

                                             Three Months Ended                 Nine Months Ended
                                                  March 31,                         March 31,
                                            2003             2002             2003             2002
                                        ------------     ------------     ------------     ------------
<S>                                     <C>              <C>              <C>              <C>
Sales                                   $    817,504     $         --     $  2,546,173     $         --
Cost of sales and services                   224,141               --        1,871,144               --
                                        ------------     ------------     ------------     ------------
Gross profit                                 593,363               --          675,029               --

 General and administrative expenses         678,391          318,241        2,084,529        1,005,095
                                        ------------     ------------     ------------     ------------
(Loss) from operations                       (85,028)        (318,241)      (1,409,500)      (1,005,095)

Other income and (expense):
 Interest expense                           (134,851)         (11,000)        (153,351)         (11,000)
 Other income                                     --               --               --               --
                                        ------------     ------------     ------------     ------------
                                            (134,851)         (11,000)        (153,351)         (11,000)
                                        ------------     ------------     ------------     ------------
(Loss) before taxes                         (219,879)        (329,241)      (1,562,851)      (1,016,095)
Income taxes                                      --               --               --               --
                                        ------------     ------------     ------------     ------------
  Net (loss)                            $   (219,879)    $   (329,241)    $ (1,562,851)    $ (1,016,095)
                                        ============     ============     ============     ============


Per share information:

Basic and diluted (loss) per share      $      (0.01)    $      (0.03)    $      (0.11)    $      (0.10)
                                        ============     ============     ============     ============

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 Nine Months Ended March 31, 2003 and 2002
                                   (Unaudited)
<TABLE>
<CAPTION>

                                                                March 31,
                                                           2003           2002
                                                       -----------     -----------
<S>                                                    <C>             <C>
Net (loss)                                             $(1,562,851)    $(1,016,095)
  Adjustments to reconcile net (loss) to net
   cash provided by (used in) operating activities:
   Depreciation and amortization                           750,000              --
   Stock issued for services                               200,000              --
Changes in assets and liabilities:
    (Increase) decrease in accounts receivable            (937,318)             --
    (Increase) decrease in inventory                       338,347         (37,750)
    Increase in other assets                               (58,136)         (9,025)
    Increase in accounts payable and
        accrued expenses                                   957,745          45,602
                                                       -----------     -----------
       Total adjustments                                 1,250,638          (1,173)
                                                       -----------     -----------
  Net cash (used in)
   operating activities                                   (312,213)     (1,017,268)
                                                       -----------     -----------
Cash flows from investing activities:
   Acquisition of plant and equipment                     (280,659)     (1,941,743)
                                                       -----------     -----------
Net cash (used in) investing activities
 investing activities                                     (280,659)     (1,941,743)
                                                       -----------     -----------
Cash flows from financing activities:
   Common stock sold or subscribed for cash                     --       2,916,917
   Advances from affiliates                                362,046          66,266
   Proceeds from notes payable                             150,000              --
   Proceeds from notes payable - related party              38,257              --
                                                       -----------     -----------
  Net cash provided by
   financing activities                                    550,303       2,983,183
                                                       -----------     -----------

Increase (decrease) in cash                                (42,568)         24,172
Cash and cash equivalents,
 beginning of period                                        42,568             985
                                                       -----------     -----------
Cash and cash equivalents,
 end of period                                         $        (0)    $    25,157
                                                       ===========     ===========
</TABLE>


                 See accompanying notes to financial statements.

                                       4
<PAGE>

                               IPMC HOLDINGS CORP.
                   (FORMERLY ACCESS HEALTH ALTERNATIVES, INC.)
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 MARCH 31, 2003


(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

    Nine months ended March 31, 2003 compared to nine months ended
    March 31, 2002

         Sales for the nine months ended March 31, 2003, were $2,546,173. We had
no sales in the first nine months of 2002 as we were not operational at that
time.

         Cost of sales for the nine months ended March 31, 2003, were
$1,871,144.

         Gross profits for the nine months ended March 31, 2003, were $675,029.

         General and administrative expenses for the nine months ended March 31,
2003, were $2,134,529, as compared to general and administrative expenses for
the nine months ended March 31, 2003, of $1,005,095.

         As a result of the foregoing, for the nine months ended March 31, 2003,
the Company incurred a net loss of $1,459,500, which was equal to a loss of
$0.11 per shares, as compared to a net loss of $1,005,095, which was equal to a
loss of $0.10, for the nine months ended March 31, 2002.

    Three months ended March 31, 2003 compared the three months ended
    March 31, 2002.

         Net sales for the three months ended March 31, 2003, were $817,504. The
Company had no sales in 2001.

         Costs of sales for the three months ended March 31, 2003, were
$224,141.

         Gross profits for the three months ended March 31, 2003, were $593,363.

         General and administrative expenses for the three months ended March
31, 2003, were $728,391, as compared to $318,241 for the three months ended
March 31, 2002.

         As a result of the foregoing, for the three months ended March 31,
2003, the Company incurred a net loss of $269,879, which was equal to a loss of
$0.02 per shares, as compared to a loss of $329,241, which was equal to a loss
of $0.03 for the three months ended March 31, 2002..

LIQUIDITY AND CAPITAL RESOURCES

         On March 31, 2003, the Company had a working capital deficiency of
$645,267.

                                       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 March 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: May 9, 2003                    By: /s/Pamela Wilkinson
                                              ------------------------------
                                                 Pamela Wilkinson, President



                                       8
<PAGE>

                                 Certifications


I, Pamela Wilkinson, 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: May 9, 2003

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


                                       9
<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 March 31, 2003 as filed with the Securities
and Exchange Commission on the date hereof ("the Report"), I, Pamela Wilkinson,
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


                                       10