SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  FORM 10-QSB/A

                               AMENDMENT NO. 1 TO
               QUARTERLY REPORT FILED UNDER SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934



For the quarterly period ended                           Commission File Number
    November 30, 1996                                           0-21649
------------------------------                           ----------------------


                                 WEBSECURE, INC.
                       -----------------------------------
                          (Exact Name of Small Business
                       Issuer As Specified In Its Charter)



           Delaware                                           04-3296069
--------------------------------                        ------------------------
(State or Other Jurisdiction of                          (I.R.S. Employer
 Incorporation or Organization)                           Identification Number)


                   1711 Broadway, Saugus, Massachusetts 01906
                ------------------------------------------------
                    (Address of Principal Executive Offices)

                                 (617) 867-2300
                ------------------------------------------------
                (Issuer's Telephone Number, Including Area Code)



         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               No  X
                              -----            -----

         As of January 17, 1997, the Company had outstanding 5,605,000 shares of
Common Stock, $.01 par value per share.


<PAGE>



                                 WEBSECURE, INC.

                                      INDEX
<TABLE>
<CAPTION>

PART I.       FINANCIAL INFORMATION                                                               PAGE
              ---------------------                                                               ----               

ITEM 1.       FINANCIAL STATEMENTS
<S>                                                                                              <C>    
Balance Sheets
    as of November 30, 1996 (Unaudited) and August 31, 1996 (Audited)............................  1

Statements of Operations
    for the Three Month Periods ended November 30, 1996 and 1995 (Unaudited)
    and Cumulative from Inception (July 19, 1995) to November 30, 1996 ..........................  2

Statement of Cash Flows
    for the Three Month Periods ended November 30, 1996 and 1995 (Unaudited)
    and Cumulative from Inception (July 19, 1995) to November 30, 1996 ..........................  3-4

Notes to Financial Statements (Unaudited)........................................................  5

ITEM 2.       PLAN OF OPERATIONS.................................................................  6-9

PART II.      OTHER INFORMATION..................................................................  10
              -----------------

ITEM 1.       LEGAL PROCEEDINGS..................................................................  10

ITEM 2.       CHANGES IN SECURITIES..............................................................  10

ITEM 3.       DEFAULTS UPON SENIOR SECURITIES....................................................  10

ITEM 4.       SUBMISSION OF MATTERS TO A VOTE OF SECURITY-HOLDERS................................  10

ITEM 5.       OTHER INFORMATION .................................................................  10

ITEM 6.       EXHIBITS AND REPORTS ON FORM 8-K...................................................  10

SIGNATURES.......................................................................................  11

EXHIBIT 27    FINANCIAL DATA SCHEDULE
----------
</TABLE>

     This Form 10-QSB/A contains only Exhibit 27, Financial Data Schedule, which
was  inadvertently  omitted from the Company's Form 10-QSB filing on January 21,
1997.

                                   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.

                                                  WEBSECURE, INC.


Date:  February 26, 1997                          By: /s/ Tibor Vais
                                                     ---------------------
                                                     Tibor Vais
                                                     President


Date:  February 26, 1997                             /s/ Carole Ouellette
                                                     --------------------
                                                     Carole Ouellette
                                                     Chief Financial Officer


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