SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC 20549


                              FORM 10-QSB/A-2

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


             For the quarterly period ended March 31, 2001
                                           ----------------


                   Commission File Number: 0-26322


                     EAGLE BUILDING TECHNOLOGIES, INC.
     -----------------------------------------------------------------
     (Exact Name of Small Business Issuer as Specified in its Charter)


       Nevada                                   88-0303769
------------------------                  -----------------------
(State of Incorporation)                  (IRS Employer I.D. No.)


        20283 Powerline Road, Suite 213, Boca Raton, Florida 33498
        ----------------------------------------------------------
               (Address of principal executive offices )


                              (561) 487-3600
              ------------------------------------------------
              (Issuer's telephone number, including area code)


                      EAGLE CAPITAL INTERNATIONAL, LTD.
         -----------------------------------------------------
         (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 Exchange Act during the past 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. Yes  X    No ___


                     APPLICABLE ONLY TO CORPORATE ISSUERS

There  were 4,945,245  shares of  Common  Stock,  $.001 par  value,
issued  and outstanding at March 31, 2001.




<PAGE>                               -1-




                       EAGLE CAPITAL INTERNATIONAL, LTD.

                                    INDEX



PART I.    AMENDED FINANCIAL INFORMATION

      Item 1.     Amended Financial Statements


                  Balance Sheets - March 31, 2001 (Unaudited) and
                  December 31, 2000

                  Statements of Operations - Three months ended March
                  31, 2001 and 2000 (Unaudited).

                  Statements of Cash Flows - Three months ended March
                  31, 2001 and 2000 (Unaudited).

                  Notes to Financial Statements.

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

PART II.   OTHER INFORMATION

      Item 1.     Legal Proceedings

      Item 2.     Changes in Securities

      Item 3.     Defaults Upon Senior Securities

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

      Item 5.     Other Information

      Item 6.     Exhibits and Reports on Form 8-K

SIGNATURES




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                      EAGLE CAPITAL INTERNATIONAL, LTD.

This Form 10-QSB for the period ended March 31, 2001, has been
amended from the original filing of May 14, 2001.  During February
2002, the Company became aware that its former Chairman and Chief
Executive Officer had prepared fraudulent documents to misrepresent
the revenues, costs, and cash associated with operations conducted
by the Company's wholly-owned subsidiary in India, and concerning
certain loans and stock transactions.


                      PART I - FINANCIAL INFORMATION


Item I.  Amended Financial Statements
         ----------------------------




<PAGE>                               -3-




                      EAGLE BUILDING TECHNOLOGIES, INC.
                AMENDED CONDENSED CONSOLIDATED BALANCE SHEETS

<TABLE>
<CAPTION>
                                   ASSETS

                                     March 31,     December 31,
                                       2001            2000
                                   -----------     ------------
                                   (Unaudited)
<S>                                <C>             <C>

CURRENT ASSETS:
  Cash                             $   134,107     $       -
  Accounts Receivable                  506,690         559,415
  Receivable from Officer              676,771         688,271
  Other Advances                       200,718         236,232
  Inventories                        1,447,665       1,348,518
  Prepaid expenses                       5,200             -
                                    ----------      ----------
      TOTAL CURRENT ASSETS           2,971,151       2,832,436
                                    ----------      ----------

PROPERTY AND EQUIPMENT, net          3,399,470       3,174,811
                                    ----------      ----------
OTHER ASSETS -
  Deposits                              20,146         120,146
  Goodwill, net                      3,023,702       3,063,170
  Investment in joint venture          617,119         583,119
  License rights, net                5,348,563       5,419,750
                                    ----------      ----------
      TOTAL OTHER ASSETS             9,009,530       9,186,185
                                    ----------      ----------

             TOTAL ASSETS          $15,380,151     $15,193,432
                                    ==========      ==========

                     LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
  Accounts payable and
    accrued expenses              $  1,202,000    $  3,513,745
  Cash overdraft                           -               439
  Notes payable                      5,670,710       7,007,266
  Deposits                             729,232             -
                                    ----------      ----------
      TOTAL CURRENT LIABILITIES      7,601,942      10,521,450
                                    ----------      ----------

LONG TERM LIABILITIES                  854,243          50,775
                                    ----------      ----------

REDEEMABLE COMMON STOCK, 155,834
  shares issued and outstanding      1,168,748       1,168,748
                                    ----------      ----------

SHAREHOLDERS' EQUITY:
  Common Stock, $.001 par value
   11,666,666 shares authorized
   4,945,245 and 4,034,243 shares
   issued and outstanding at
   March 31, 2001 and
   December 31, 2000                     4,945           4,034
  Additional paid in capital        21,402,199      17,697,898
  Accumulated deficit              (15,651,926)    (14,249,473)
                                    ----------      ----------
      TOTAL STOCKHOLDERS' EQUITY     5,775,218       3,452,459
                                    ----------      ----------

      TOTAL LIABILITIES AND
        STOCKHOLDERS' EQUITY       $15,380,151     $15,193,432
                                    ==========      ==========

</TABLE>

See accompanying notes to condensed consolidated financial statements.




<PAGE>                               -4-




               EAGLE BUILDING TECHNOLOGIES, INC.
                AMENDED STATEMENTS OF OPERATIONS
                          (Unaudited)

<TABLE>
<CAPTION>

                                         Three Months Ended
                                     March 31,        March 31,
                                      2001             2000
                                     ----------      ----------
<S>                                 <C>             <C>

SALES                               $   611,144     $       -

COSTS OF SALES                          484,944             -
                                     ----------      ----------

GROSS PROFIT                            126,200             -
                                     ----------      ----------

SELLING, GENERAL AND
 ADMINISTRATIVE EXPENSES             (1,506,264)      1,176,947
                                     ----------      ----------

LOSS FROM OPERATIONS                 (1,380,064)     (1,176,947)
                                     ----------      ----------

OTHER EXPENSES:
 Interest expense                       (22,389)       (850,000)
                                     ----------      ----------

NET LOSS                            $(1,402,453)    $(2,026,947)
                                     ==========      ==========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING
  - Basic                             4,489,744       1,247,365
  - Diluted                           4,489,744       1,247,365

NET LOSS
  PER COMMON SHARE
  - Basic                                  (.31)          (1.62)
                                     ----------      ----------
  - Diluted                         $      (.31)    $     (1.62)
                                     ==========      ==========

</TABLE>


See accompanying notes to condensed consolidated financial statements.




<PAGE>                               -5-




                        EAGLE BUILDING TECHNOLOGIES, INC.
                 AMENDED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                 (Unaudited)

<TABLE>
<CAPTION>

                                       Three Months Ended
                                     March 31,       March 31,
                                       2001            2000
                                    ----------      ----------
<S>                                <C>             <C>

CASH FLOWS FROM OPERATING
 ACTIVITIES:
  Net loss                         $(1,402,453)    $(2,026,947)
  Adjustments to reconcile net
   loss to net cash used in
   operating activities:
     Amortization                      110,655             -
     Stock issued for services
       and interest                    580,212             -
     Depreciation                       22,247             -
     Interest expense from
      beneficial conversion
      features on debt                     -           850,000
  Changes in operating assets
   and liabilities:
     Advances                           35,514             -
     Accounts receivable                52,725             -
     Inventories                       (99,147)            -
     Prepaid expenses                   (5,200)            -
     Deposits                          729,232             -
     Accounts payable and
       accrued expenses             (2,311,745)        (96,665)
     Note payable - Lone Wolf              -         1,000,000
             NET CASH USED IN       ----------      ----------

    OPERATING ACTIVITIES            (2,287,960)       (273,612)
                                    ----------      ----------

CASH FLOWS FROM INVESTING
 ACTIVITIES:
  Decrease in other assets             100,000             -
  Investment in subsidiaries
    (net of cash acquired)             (34,000)       (484,863)
  Investment in license rights             -            (5,000)
  Purchase of property, plant
   and equipment                      (246,906)       (762,900)
   NET CASH USED IN                 ----------      ----------

     INVESTING ACTIVITIES             (180,906)     (1,252,763)
                                    ----------      ----------

CASH FLOWS FROM FINANCING
 ACTIVITIES:
  Cash overdraft                          (439)            -
  Net advances from officer             11,500         634,826
  Net proceeds on notes payable        216,912         850,000
  Proceeds from issuance of stock    2,375,000          22,500
  NET CASH PROVIDED BY              ----------      ----------

    FINANCING ACTIVITIES             2,602,973       1,507,326
                                    ----------      ----------

NET INCREASE (DECREASE) IN CASH        134,107         (19,049)
CASH AT BEGINNING OF PERIOD                -            20,326
                                    ----------      ----------

CASH AT END OF PERIOD              $   134,107     $     1,277
                                    ==========      ==========

</TABLE>

See accompanying notes to condensed consolidated financial statements.




<PAGE>                               -6-




                      EAGLE CAPITAL INTERNATIIONAL, INC.
                    AMENDED NOTES TO FINANCIAL STATEMENTS
                              MARCH 31, 2001




NOTE 1 -  BASIS OF PRESENTATION
          ---------------------

          The accompanying interim condensed consolidated financial
          statements of Eagle Capital International, Ltd. are
          unaudited, but in the opinion of management reflect all
          adjustments (consisting of normal recurring accruals)
          necessary for a fair presentation of the results for such
          periods.  The results of operations for any interim
          period are not necessarily indicative of the results for
          the respective full year.  These condensed financial
          statements should be read in conjunction with the
          financial statements and notes thereto contained in the
          Company's annual report on Form 10-KSB for the year ended
          December 31, 2000 as filed with the Securities and
          Exchange Commission.

          Amended March 31, 2001 Balance Sheet and Statements of
          Operations for the Three Months Then Ended
          ------------------------------------------------------

          The accompanying financial statements have been amended
          from the original filing for adjustments made as
          reflected below.  During February 2002, the Company
          became aware that its former Chairman and Chief Executive
          Officer had prepared fraudulent documents to misrepresent
          the revenues, costs, and cash associated with operations
          conducted by the Company's wholly-owned subsidiary in
          India, and concerning certain loans and stock
          transactions.  The following represents the accounts
          adjusted which changed the net loss reported:

<TABLE>
<CAPTION>
                                                    Three Months Ended
                                                        March 31, 2001
                                                   Amended        Prior        Change
                                                 ---------      ---------    ----------
          <S>                                   <C>            <C>          <C>

          Revenues                              $  611,144     $4,098,661   $(3,487,517)
          Cost of sales                            484,944      1,682,444     1,197,500
          Selling, general and
           administrative expenses               1,506,264      1,327,100      (179,164)
          Interest expense                          22,389          3,902       (18,487)
                                                 ---------      ---------    ----------

          Increase in net loss                                               (2,487,668)
          Net income as originally reported                                   1,085,215
                                                                             ----------
          Net loss as amended                                               $(1,402,453)
                                                                             ==========

</TABLE>

          Revenues - During the quarter ended March 31, 2001, the
          Company originally recorded sales of $3,446,553 from its
          India subsidiary and now is amending the financial
          statements for the three months ended March 31, 2001 to
          remove the incorrectly reported revenue.




<PAGE>                               -7-





                      EAGLE CAPITAL INTERNATIIONAL, INC.
                    AMENDED NOTES TO FINANCIAL STATEMENTS
                              MARCH 31, 2001



NOTE 1 -  BASIS OF PRESENTATION (Cont'd)
          ------------------------------

          Selling, General and Administrative Expense - Amended to
          remove commissions originally recorded for non-existent
          sales from the Company's India subsidiary.

          The following represents the balance sheet accounts
          adjusted on the amended March 31, 2001 balance sheet:

<TABLE>
<CAPTION>


                                                      Amended            Prior         Change
                                                   -----------        ----------   ----------
          <S>                                     <C>                <C>          <C>

          Cash                                    $    134,107       $ 2,333,747  $(2,199,640)
          Accounts receivable                          506,690           547,654      (40,964)
          Other advances                               200,718           239,218      (38,500)
          Receivable from officer                      676,771          (395,979)   1,072,750
          Investment in joint venture                  617,119           583,119       34,000
          Property and equipment                     3,399,470         2,975,971      423,499
          Accounts payable and accrued expenses     (1,202,000)         (503,348)    (698,652)
          Other short term notes payable            (5,670,710)       (1,536,924)  (4,133,786)
          Redeemable Common Stock                   (1,168,748)              -0-   (1,168,748)
          Common stock and additional
                 paid-in capital                   (21,407,144)      (19,170,932)  (2,236,212)
          Accumulated deficit                       15,651,926         8,790,673    6,861,253
          Convertible note/equity instrument               -0-        (2,125,000)   2,125,000
                                                   -----------       -----------   ----------
                                                                                  $       -0-
                                                                                   ==========

</TABLE>


NOTE 2 -  STOCKHOLDERS' EQUITY
          --------------------

          Changes in Stockholders' Equity - The following
          represents the changes in stockholders' equity from
          January 1, 2000 through March 31, 2001:

<TABLE>
<CAPTION>

                                                                  Additional
                                                 Common             Paid In
                                            Shares     Amount       Capital
                                        ---------   ---------    -----------
          <S>                           <C>         <C>          <C>

          Balance - Jan. 1, 2001        4,034,243   $ 4,034      $17,697,898
          Common stock sold for cash      558,335       558        2,374,442
          Issuance of Common Stock
            for services and interest     102,667       103          580,109
          Note payable conversion         250,000       250          749,750
                                        ---------   -------      -----------

          Balance  - March 31, 2001     4,945,245   $ 4,945      $21,402,199
                                        =========   =======      ===========

</TABLE>




<PAGE>                               -8-





ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS

     The analysis of the Company's financial condition, liquidity,
capital resources and results of operations should be viewed in
conjunction with the accompanying financial statements including
the notes thereto.

Financial Condition

     At March 31, 2001, the Company had total assets of
$15,380,151, as compared to total assets of $15,193,432 at December
31, 2000; and total liabilities[1] of $8,456,185 at March 31, 2001,
as compared to total liabilities of $10,572,225 at December 31,
2000; and stockholders' equity at March 31, 2001 of $5,755,218, as
compared to $3,452,459 at December 31, 2000.

Liquidity and Capital Resources

     As of March 31, 2001, the Company's cash totaled $134,107 as
compared to a cash overdraft of $439 at December 31, 2000.  Net
cash used in operations was $2,287,960 for the quarter ended March
31, 2001, compared to $273,612 in the same quarter ended March 31,
2000.

     The Company has no present additional commitment that is
likely to result in its liquidity increasing or decreasing in any
significant way.  In addition, the Company knows of no trend,
additional demand, event or uncertainty that will result in, or
that are reasonably likely to result in the Company's liquidity
increasing or decreasing in any material way.

Results of Operations

     Sales for the three months ended March 31, 2001 were $611,144
compared with sales of $-0- in the quarter ended March 31, 2000.
The Company recorded a net loss of $1,402,453 for the quarter ended
March 31, 2001, compared to a net loss of $2,026,947 for the
quarter ended March 31, 2000.

FORWARD LOOKING STATEMENTS

     Statements made in this Management's Discussion and Analysis
and elsewhere in this Annual Report that state the Company's or
management's intentions, hopes, beliefs, expectations or
predictions of the future contain forward looking statements. Such
forward looking statements include, without limitation, statements


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

[1]     As a result of the Company's investigation in connection
        with the restatement of its 2000 and 2001 financials, the
        Company believes that there may be third parties to whom
        Anthony D'Amato, the Company's former Chairman and CEO,
        has obligated, or made representations purporting to
        obligate, the Company, or to issue equity in the Company
        without the knowledge or authorization of the Company,'s
        Board of Directors. The Company will continue to investigate
        and determine the validity of any such third party claims
        on a case by case basis. At the time of this filing, the
        Company cannot determine the financial impact, if any to the
        Company as a result of Mr. D'Amato's actions.





<PAGE>                               -9-





regarding the Company's planned capital expenditure requirements,
cash and working capital requirements, the Company's expectations
regarding the adequacy of current financing arrangements, product
demand and market growth, other statements regarding future plans
and strategies, anticipated events or trends, and similar
expressions concerning matters that are not historical facts. It
should be noted that the Company's actual results could differ
materially from those contained in such forward looking statements
mentioned above due to adverse changes in any number of factors
that affect the Company's business including, without limitation,
risks associated with investing in and the marketing of IMSI's Wall
System, risks concerning the protection of IMSI's patents, reliance
upon distributors, regulatory risks, risks of expansion, product
liability and other risks described herein.




<PAGE>                               -10-




                  PART II - OTHER INFORMATION

Item 1.   LEGAL PROCEEDINGS

          Not Applicable.

Item 2.   CHANGE IN SECURITIES

          Not Applicable

Item 3.   DEFAULTS UPON SENIOR SECURITIES

          Not Applicable

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

          On April 19, 2001, proxies were submitted by a majority
          of the shareholders of Eagle Capital International, Ltd.
          approving a change of the Company name to Eagle Building
          Technologies, Inc.

Item 5.   OTHER INFORMATION

          On April 19, 2001, the majority shareholders of Eagle
          Capital International, Ltd. approved a change of the
          Company name to Eagle Building Technologies, Inc. which
          becomes effective May 14, 2001.  The Company's new
          trading symbol will be "EGBT".


Item 6.   EXHIBITS AND REPORTS ON FORM 8-K

          (a)  There are no exhibits required to be filed for the
               period covered by this Report.

          (b)(i)    On or about January 9, 2001, the Company filed
                    a Report on Form 8-K/A amending the Forms 8-K
                    filed on or about November 30, 2000 and
                    December 4, 2000.

             (ii)   On or about January 10, 2001, the Company
                    filed a Report on Form 8-K announcing the
                    acquisition of Fleming Manufacturing Co., a
                    privately held Missouri corporation that
                    manufacturers mobile block pants for the
                    production of mortarless block and pavers.

            (iii)   On or about January 26, 2001, the Company
                    filed a Report on Form 8-K announcing a one-
                    for-six (1:6) reverse stock split of the
                    Company's Common Stock effective February 5,
                    2001.




<PAGE>                                -11-




             (iv)   On or about February 9, 2001, the Company
                    filed a Report on Form 8-K announcing the
                    appointment of Samuel Gejdenson and Meyer A.
                    Berman to the Company's Board of Directors.

              (v)   On or about April 16, 2001, the Company filed
                    a Report on Form 8-K announcing the
                    acquisition of eighty-five percent (85%) of
                    the issued and outstanding securities of
                    Master Srl ("Master"), an Italian corporation
                    located in Piacenza, Italy.

             (vi)   On or about May 10, 2001, the Company's filed
                    a Report on Form 8-K announcing that the
                    Company will change its name to Eagle Building
                    Technologies, Inc. (the "Company") on May 14,
                    2001.




<PAGE>                                -12-





                                   SIGNATURES

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

                              EAGLE BUILDING TECHNOLOGIES, INC.



August 7, 2002             By:/S/Dan Curlee
                              -------------------------------
                              Dan Curlee, President and CEO




           CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER
                PURSUANT TO 18 U.S.C. SECTION 1350

     In connection with the accompanying quarterly Report on Form
10-QSB of Eagle Building Technologies, Inc.. for the period ended
March 31, 2001, Dan Curlee, President and Chief Executive Officer,
and Don Pollock, Senior Vice President of Manufacturing, Secretary,
Treasurer, and Director of Eagle Building Technologies, Inc.
hereby certify pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, to the
best of my knowledge and belief, that:

(a)  such quarterly Report on Form 10-QSB for the period ended
     March 31, 2001, fully complies with the requirements of
     section 13(a) or 15(d) of the Securities Exchange Act of 1934;
     and

(b)  the information contained in such quarterly Report on Form 10-
     QSB for the period ended March 31, 2001, fairly presents, in
     all material respects, the financial condition and results of
     operations of Eagle Building Technologies, Inc.

                              EAGLE BUILDING TECHNOLOGIES, INC.


Dated: August 7, 2002      By:/s/Dan Curlee
                              ------------------------------------
                              Dan Curlee, President and CEO


Dated: August 7, 2002      By:/s/Don Pollock
                              ------------------------------------
                              Don Pollock, Treasurer




<PAGE>                                -13-