SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-KSB/A
                                   (Mark One)

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

                    For the fiscal year ended March 31, 2001

                                       OR

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

             For the transition period from __________ to __________

                         Commission File Number 0-26676

                     MULTIMEDIA CONCEPTS INTERNATIONAL, INC.
             (Exact Name of Registrant as Specified in its Charter)

    Delaware                                              13-3835325
(State or Other Jurisdiction                  (IRS Employer Identification No.)
of Incorporation or Organization)

               1385 Broadway, Suite 814, New York, New York 10018
                    (Address of Principal Executive Offices)

                                 (212) 391-1111
              (Registrant's Telephone Number, Including Area Code)

           Securities registered pursuant to Section 12(b) of the Act:

          Title of each class Name of each exchange on which registered
                                      NONE

           Securities registered pursuant to Section 12(g) of the Act:

                          Common Stock, $0.01 par value
                                (Title of Class)

         Check whether the Issuer (1) has filed all reports required to be filed
by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12
months (or for such shorter period that registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days. Yes [X] No [ ]

         Check if no disclosure of delinquent filers in response to Item 405 of
Regulation S-B is contained in this form, and no disclosure will be contained,
to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB [ ].

         The Registrant's revenues for its fiscal year ended March 31, 2001 were
$3,179,771.

         The aggregate market value of the voting stock on July 1, 2001,
(consisting of Common Stock, par value $0.01 per share) held by non-affiliates
was approximately $319,140 based upon the closing price for such Common Stock on
said date ($0.18), as reported by a market maker. On such date, there were
3,005,000 shares of Registrant's Common Stock outstanding.
<PAGE>
                                   SIGNATURES



         In accordance with Section 13 or 15(d) of the Exchange Act of 1934, as
amended the Registrant has caused this amended report to be signed on its
behalf, thereunto duly authorized as of the 7th day of September 2001.


                                         MULTIMEDIA CONCEPTS INTERNATIONAL, INC.


                                            By:      /s/ Ilan Arbel
                                                         Ilan Arbel,
                                                         Chief Executive Officer
                                                         and President