<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 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  July  31,  2002

[_]     Transition  Report  pursuant  to 13 or 15(d) of the Securities Exchange
        Act  of  1934

        For  the  transition  period _____________ to


          Commission  File  Number     000-33403
                                       ---------

                         Wineshares International, Inc.
          -----------------------------------------------------------------
          (Exact name of small Business Issuer as specified in its charter)

Nevada                                        98-0349285
-------------------------------               --------------------
(State or other jurisdiction of               (IRS Employer Identification No.)
incorporation or organization)


517-518 Moberly Road
Vancouver, B.C.                               V5Z 4G3
---------------------------------------       --------------
(Address of principal executive offices)      (Zip Code)

Issuer's telephone number, including          604-876-8096
 area code:                                   --------------


                                      None
              -----------------------------------------------------
              (Former  name, former address and former fiscal year,
                         if changed since last report)

Check  whether  the issuer (1) 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 issuer was required to file such
reports),  and  (2) has been subject to such filing requirements for the past 90
days  [X]  Yes    [_]  No

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest practicable date:  10,268,000 Shares of $0.001 par value
Common  Stock  outstanding  as  of  September  16,  2002.


Transitional Small Business Disclosure Format (check one): Yes  [ ]   No  [X]


                                     1 of 11

<PAGE>
                         PART I - FINANCIAL INFORMATION


ITEM  1.          FINANCIAL  STATEMENTS.

The accompanying unaudited financial statements have been prepared in accordance
with  the  instructions  to  Form 10-QSB and Item 310(b) of Regulation S-B, and,
therefore, do not include all information and footnotes necessary for a complete
presentation  of  financial  position,  results  of  operations, cash flows, and
stockholders'  equity  in  conformity  with  generally  accepted  accounting
principles.  In  the opinion of management, all adjustments considered necessary
for a fair presentation of the results of operations and financial position have
been  included  and  all  such  adjustments  are  of  a normal recurring nature.
Operating  results  for  the July 31, 2002 are not necessarily indicative of the
results  that  can  be  expected  for  the  year  ending  April  30,  2003.




                                     2 of 11


<PAGE>


                          WINESHARES INTERNATIONAL INC.

                             ( a Nevada corporation)




                              Financial Statements

                For the Three Months Ended July 31, 2002 and 2001





                                      Index





Balance Sheet                                                        Statement 1

Income Statement                                                     Statement 2

Cash Flows                                                           Statement 3

Shareholders' Equity                                                 Statement 4

Note to the Financial Statements










                                    Unaudited


                                     3 of 11

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                                                                   Statement 1

<TABLE>
<CAPTION>
                               WINESHARES INTERNATIONAL INC.
                                ( a Nevada corporation )

                                      Balance Sheet
                     As at July 31, 2002 and 2001 and April 30, 2002


                                                July         April       July
                                                2002          2002       2001
                                             -----------  ----------  ----------
<S>                                          <C>          <C>         <C>
                                 Assets
Current
  Bank and cash                              $      701         967       2,590
  Lawyers' trust account                             29       5,029      26,195
  Advance receivable from director               21,003      21,003      26,002
  Prepaid expenses                                    -         407           -
                                             -----------  ----------  ----------
                                                 21,733      27,406      54,787
                                             -----------  ----------  ----------

Other
  Vineyard option          - Note 1              13,907      16,593       8,617
                                             -----------  ----------  ----------
                                             $   35,641      43,999      63,404
                                             ===========  ==========  ==========

                                 Liabilities
Current
  Accounts payable                                6,794       6,191           -
  RMA Enterprises Ltd.                           51,568      44,996      28,197
                                             -----------  ----------  ----------
                                                 58,362      51,187      28,197
                                             -----------  ----------  ----------

Shareholders' equity
  Capital stock                                  10,268      10,268      10,268
  Capital in excess of
    par value                                   162,882     162,882     162,882
  Deficit                  - Statement 2       (195,330)   (180,338)   (137,943)
                                             -----------  ----------  ----------
                                                (22,180)     (7,188)     35,207
                                             -----------  ----------  ----------

                                             $   36,183      43,999      63,404
                                             ===========  ==========  ==========
</TABLE>


Approved  by  the  directors

"Buko v. Krosigk"         Director
--------------------------



                                    Unaudited


<PAGE>

                                                                   Statement 2

<TABLE>
<CAPTION>
                            WINESHARES INTERNATIONAL INC.

                                Income and Deficit
                   For the Three Months Ended July 31, 2002 and 2001



                                                         2002          2001
                                                      -----------  -----------
<S>                                                   <C>          <C>
Vineyard operation
  Grape sales                                         $        -            -
                                                      -----------  -----------

  Equipment rental and repair                                352            -
  Fencing                                                  3,062            -
  Labor                                                    2,036        5,804
  Management fees                                          1,892        1,958
  Materials and supplies                                     798          357
  Utilities                                                   49            -
  Vines and posts                                              -       11,611
                                                      -----------  -----------
                                                           7,837       19,730
                                                      -----------  -----------

  Income from operations                                  (7,837)     (19,730)

Administration
  Accounting and audit                                     1,146        2,550
  Administration and office                                   73            -
  Bank charges & interest                                      -           16
  Insurance                                                  407            -
  Legal                                                    5,266        4,898
  Property taxes                                             264            -
                                                      -----------  -----------
                                                           7,155        7,464
                                                      -----------  -----------


Net loss for the period                               $   14,992       27,194

  Balance - beginning of period                          180,338      110,749
                                                      -----------  -----------


Deficit                               - Statement 1   $  195,330      137,943
                                                      ===========  ===========


    Basic and diluted loss per share                       0.001        0.003

</TABLE>


                                     Unaudited

<PAGE>

                                                                   Statement 3
<TABLE>
<CAPTION>
                          WINESHARES INTERNATIONAL INC.

                                   Cash Flows
                 For the Three Months Ended July 31, 2002 and 2001



                                               2002        2001
                                             ---------   --------
<S>                                          <C>         <C>

From (used in) operating

    Received from customers                  $      -          -
    Paid suppliers                             (5,266)   (13,197)
    Paid related parties                            -          -
                                             ---------   --------
                                               (5,266)   (13,197)
                                             ---------   --------

  Financing activities
    Capital stock
        Cash                                        -          -
    Advances from director                          -      5,000
                                             ---------   --------
                                                    -      5,000
                                             ---------   --------


Cash flows                                   $ (5,266)    (8,197)
  Cash - beginning of period                    5,996     36,982
                                             ---------   --------

Cash                                         $    730     28,785
                                             =========   ========

Cash comprises
  Cash in bank                                    701      2,590
  Lawyers' trust account                           29     26,195
                                             ---------   --------
                                             $    730     28,785
                                             =========   ========
</TABLE>


                                    Unaudited


<PAGE>

                                                                     Statement 4

<TABLE>
<CAPTION>
                                 WINESHARES INTERNATIONAL INC.

                                     Shareholders' Equity
                       For the Three Months Ended July 31, 2002 and 2001


                                                                          Other
                                                   Capital in             Compre-
                                 Common Stock       Excess of  Retained   hensive
                             Shares         $       Par Value  Earnings   Income     Total
                           -----------  ----------  ---------  ---------  ------- -----------
<S>                        <C>          <C>         <C>        <C>        <C>     <C>

Balance at April 30, 2001  10,118,000      10,118     162,882  (110,749)       -      62,251
Comprehensive income
  Net loss                                                      (27,194)             (27,194)
  Other comprehensive
   income                                                                      -           -
                                                                                  -----------
  Total comprehensive
   income                                                                            (27,194)
                                                                                  -----------

Shares issued                 150,000         150           -                            150
                           -----------  ----------  ---------  ---------  ------- -----------
Balance at July 31, 2001   10,268,000      10,268     162,882  (137,943)       -      35,207

Comprehensive income
  Net income                                                    (42,395)             (42,395)
  Other comprehensive
   income                                                                      -           -
                                                                                  -----------
  Total comprehensive
   income                                                                            (42,395)
                                                                                  -----------
                           -----------  ----------  ---------  ---------  ------- -----------
Balance at April 30, 2002  10,268,000      10,268     162,882  (180,338)       -      (7,188)

Comprehensive income
  Net income                                                    (14,992)             (14,992)
  Other comprehensive
   income                                                                      -           -
                                                                                  -----------
  Total comprehensive
   income                                                                            (14,992)
                                                                                  -----------
                           -----------  ----------  ---------  ---------  ------- -----------
Balance at July 31, 2002   10,268,000   $  10,268     162,882  (195,330)       -  $  (22,180)
                           ===========  ==========  =========  =========  ======= ===========

</TABLE>


Authorized  capital  stock is 25,000,000 common shares at $0.001 par value each.


                          WINESHARES INTERNATIONAL INC.

                        Note to the Financial Statements
                                  July 31, 2002

1    Vineyard option
     The option agreement included payments to the seller, RMA Enterprises Ltd.,
     equal  to  the principal portion of the payments by RMA in reduction of the
     mortgage  on  the  vineyard.  Such  payments  would increase our investment
     account. However, a previously-made lump-sum payment was reallocated by the
     lender  so  that  there  was  a net increase in the principle rather than a
     decrease.  The  investment  account  therefore  decreased.


                                       Unaudited


<PAGE>

ITEM  2.     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION.

Plan  of  Operation

We  are  currently  engaged in the business of operating a vineyard known as the
Eagle  Bluff  Vineyard  in Okanagan Falls, British Columbia which we acquired an
interest  in  from  RMA Enterprises as a result of a Vineyard Purchase Agreement
dated  April  26,  2001.

Our  immediate  plan of operation calls for the continued operation of the Eagle
Bluff  Vineyard  and  the sale of its production to Hawthorne Mountain Vineyards
pursuant  to  our  Grape Growers Contract.  Additionally, we intend to obtain an
Estate  Winery  License thus satisfying an important requirement of the Vineyard
Purchase Agreement entered into with RMA Enterprises. Current revenues generated
from  our  operations  cover  all  of our expenses associated with operating the
Eagle  Bluff  Vineyard.  Thus,  we  do not have an immediate need for additional
financing  during  the  next  twelve  months.

Our  long range business plan includes acquiring additional vineyards along with
wine  production  and  distribution facilities in order to take advantage of the
economies of scale that can be achieved from horizontal and vertical integration
in  the  wine and beverage market.  Thus, we anticipate that in order to achieve
those long range plans, we will need to raise additional capital.  We anticipate
that  such  funding will be in the form of equity financing from the sale of our
common  stock.  We  currently  do not have any arrangements for financing and we
may  not  be  able  to  obtain  financing  when  required.  Obtaining additional
financing  would  depend upon a number of factors, including the market for wine
industry  investments  and the attractiveness of our business plan to investors.
These  factors  may  make  the timing, amount, terms or conditions of additional
financing  unavailable  to us. Within the next twelve months, we intend to apply
to become a listed company on a US based stock exchange which may facilitate our
ability  to  raise capital in the future.  However, we can provide no assurances
that  we  will be successful in obtaining a listing on a US based stock exchange
or  that  we  will  be  successful  in  raising  additional  capital.

Our  immediate  plans  include  nurturing  both  the  newly planted vines on the
previously  unused  portions  of  the Eagle Bluff vineyard and strengthening the
existing  vines  that  had  been previously overcropped.  Both the newly planted
vines and the previously stressed vines are progressing well.  The timing of the
first  harvest  achieved  from  newly planted vines can range considerably based
upon  many factors, such as maintenance and care, and most notably, the weather.
A  healthy  balance  of sun and moisture can make a difference in when the first
harvest  will  be  achieved.  Based  upon the weather we have experienced in the
past year, we anticipate that by the 2004 fiscal year harvest season, we will be
able  to  harvest our initial crop from the newly planted vines and our existing
vines  will  be  fully  recovered  and  at  full  production  capabilities.

We  anticipate that we will begin harvesting our current crop by either the last
week  of September or first week of October 2002.  The timing and quality of the
harvest  depends mostly upon the weather.  The more sun the vines receive in the
last  few  days  prior  to  harvesting, the higher the sugar content that can be
achieved  and  thus  the  quality of grapes from the harvest increases.  Because
weather  is the most important factor in determining the quantity and quality of
a  harvest,  we can make no assurances of the amount of revenues we will be able
to  generate  from this harvest.  The harvest takes five to six days to complete
and  the company plans on hiring five to ten contract employees to assist in the
picking  of  the  grapes.

A requirement of our Purchase Agreement with RMA Enterprises is that we obtain a
Liquor  License  before  closing  can  occur.  Because  the  British  Columbia
government  is  currently in the process of revising its regulations with regard
to  liquor  licensing, we have delayed our proceeding with the licensing


                                     4 of 11

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process  until  the new regulations are released. We believe that the processing
fees  of  such  a  license  will  be  negligible  at  less  than  $1,000.

In  British Columbia, the existing regulations require that liquor licensing and
sales  be  administered by two branches of the provincial government, the Liquor
Control  & Licensing Branch ("LCLB") and the Liquor Distribution Branch ("LDB").
The  LCLB  controls  licensing  of businesses and individuals engaged in alcohol
beverage production or sales and  the LDB controls the distribution, wholesaling
and  retailing  of  alcohol  beverages.

A winemaker must obtain a winery license from the LCLB to produce wine for other
than  personal  consumption.  The  LCLB  also  licenses winery agents, registers
sales  representatives,  and regulates advertising of manufacturers and products
in  British  Columbia.

A  winery  license  permits  the  manufacture and storing of wine.  A winery may
provide  samples  to  the  public  at  the winery site but may not sell wine for
consumption  at  the site without obtaining an endorsement to the winery license
permitting a lounge, patio or picnic area.  In order to operate an onsite retail
store  permitting  off sales of wine, a winery must be appointed as agent of the
LDB.

Typically,  an  Estate  Winery will have a winery license, an endorsement to the
winery  license  permitting  sales for on site consumption and an appointment as
agent  by  the  LDB  permitting  off  sales  of  product.

Obtaining  a  winery  license  requires extensive character/background checks of
individuals  involved  and  approval and inspection of facilities and equipment.
The  facilities  must  be  capable  of  producing  4500 litres of wine annually.

Obtaining  the  endorsements  permitting  sales for on-site consumption involves
approval  of  plans,  traffic  and  other  local  impact  studies  and plans for
controlling  access  to  the  area  and  supervising  consumption.  In addition,
approval  of  local  zoning,  fire  and  health  officials  is  required.

Appointment  as  an  agent  of  the  LDB  to  operate  a retail store permitting
off-sales  requires  extensive  approvals  by  the  LDB  of  all  aspects of the
operation  including  detailed  plans  of  the retail facilities, products to be
sold,  labeling,  insurance  coverage  and  local  land use authority approvals.

Because  of  the  myriad  of  approvals required, it may take up to two years to
obtain  all approvals necessary for the full operation of an Estate Winery under
the  existing  procedures.   We  are  uncertain  as  to  how the above described
license  process  will  be  changed  in  light  of  the new regulations pending.
Nevertheless,  in  view  of  the  fact  that  the production for the Eagle Bluff
Vineyard  is  committed  to  Hawthorne  until November 2003, our objective is to
obtain  the  Estate  Winery license by that date so that we may benefit from the
use  of  our  own  grape  production.

We  do not presently have a building for a retail store in which to showcase and
sell  our  products.  However,  our  future  plans  include  constructing such a
building  on  our  grounds with an approximate square footage of 800 sq. ft.  We
project  the  cost of building the store will be approximately $80,000(Canadian)
and  we  anticipate  breaking  ground  in  the  summer  of  2004.

Results  of  Operations

During  the  three  month period ending July 31, 2002, we had $0 in revenues, as
our  harvest  does  not occur until September or October of each year.  The loss
from operations for the three month period ending July 31, 2002 was $7,837, down
from  $19,730  reported for the same three month period in 2001.  The difference
is  due  mostly  to the capital expenditures and management fees associated with
the  installation of vines and posts during the same period in 2001.  The $7,837
loss  from operations for the current period more accurately reflects the normal
maintenance  quarterly  costs  associated  with  operating


                                     5 of 11

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a  vineyard.  Our  administrative  costs decreased nominally from $7,464 for the
three  month  period  ending  July  31,  2001  to $7,155 in the current period .

At  July 31, 2002, we had cash on hand of $701 as compared to $2,590 at July 31,
2001.  In  addition,  our  current  liabilities  increased  significantly due to
obligations  under  our  purchase  agreement  with RMA Enterprises, Ltd. for the
Eagle  Bluff  Vineyard.  As  such,  our current liabilities associated with this
acquisition  total  $51,568.

We  have  funded  our business to date from the sale of our common stock.  If we
are  unable  to  generate  enough  revenues  from  grape  sales from this coming
season's  harvest,  we may require additional financing in order to complete the
vineyard  purchase.  If  we  do  require additional funds, there is no assurance
that we will be able to obtain such funds either through additional sales of our
common  stock  or  through  other  financing  mechanisms.



                           PART II--OTHER INFORMATION


ITEM  1.     LEGAL  PROCEEDINGS

             None.


ITEM  2.     CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

             None.


ITEM  3.     DEFAULTS  UPON  SENIOR  SECURITIES

             None.


ITEM  4.     SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS

             None.



                                     6 of 11

<PAGE>

ITEM  5.     OTHER  INFORMATION.

             None


ITEM  6.     EXHIBITS  AND  REPORTS  ON  FORM  8-K

     (a)     EXHIBITS


Exhibit Number     Description of Exhibit
--------------     -----------------------------------------------------

  99.1             Officers' Certification under Section 906 of the
                   Sarbanes-Oxley Act of 2002 (1)

--------------------------------------------------------------------------------

(1)  Filed  as  an  Exhibit  to  this  Quarterly  Report  on  Form  10-QSB

--------------------------------------------------------------------------------

     (b)     REPORTS ON FORM 8-K

             None.



                                     7 of 11

<PAGE>

                                   SIGNATURES

In  accordance with the requirements of the Securities and Exchange Act of 1934,
the  Registrant  has  duly  caused this report to be signed on its behalf by the
undersigned,  thereunto  duly  authorised.

Wineshares International, Inc.

Date:  September 23, 2002

By:    /s/ Buko von Krosigk
       _________________________________
       Buko von Krosigk

       CHIEF EXECUTIVE OFFICER AND
       DIRECTOR


                                     8 of 11

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                  Certification of the Chief Executive Officer
                                   Pursuant to
                  Section 302 of the Sarbanes-Oxley Act of 2002



I, Buko von Krosigk,  certify  that;

1.   I  have  reviewed  this  quarterly  report  on  Form10-QSB  of  Wineshares
     International,  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;


Date:   September  23,  2002              /s/ Buko von Krosigk
                                          ___________________________________
                                          Buko  von  Krosigk
                                          Chief Executive Officer and Director


<PAGE>

                  Certification of the Chief Financial Officer
                                   Pursuant to
                  Section 302 of the Sarbanes-Oxley Act of 2002



I, Gerard Darmon, certify that;

1.   I  have  reviewed  this  quarterly  report  on  Form10-QSB  of  Wineshares
     International,  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;




Date:  September 23, 2002              /s/ Gerard Darmon
                                       ___________________________________
                                       Gerard Darmon
                                       Vice President Finance and Director