SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C.  20549

                                 FORM 10-QSB/A

          [X]           QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                   OF THE SECURITIES EXCHANGE ACT OF 1934

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

               For the quarterly period ended:  June 30, 2003

                      Commission file number 000-29353

                     ACCESSORY SPECIALISTS INCORPORATED
           (Exact name of registrant as specified in its charter)

Nevada                                                            88-0448316
(State or other jurisdiction of                             (I.R.S. Employer
incorporation or organization)                           Identification No.)

770 East Warm Springs Rd., Suite 250
Las Vegas, Nevada                                                      89119
(Address of principal executive offices                           (zip code)

                               (702) 866-5839
            (Registrant's telephone number, including area code)

          1850 East Flamingo Rd., Suite 111 Las Vegas, Nevada 89119
                       (Former address of Registrant)

Indicate by check mark whether the registrant (1) filed all reports required
to  be  filed by Section 13 or 15(d) of the Securities Exchange Act of  1934
during  the  last 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

Indicate the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date.

          Class                         Outstanding at June 30, 2003
Common Stock, par value $0.001                     7,266,370

<PAGE>
<TABLE>

                        ITEM 1.  FINANCIAL STATEMENTS

                     ACCESSORY SPECIALISTS INCORPORATED
                        (A Development Stage Company)
                                BALANCE SHEET
                                 (Unaudited)

                                   ASSETS

                                                  June 30,     December 31,
                                                    2003           2002
<S>                                              <C>            <C>
CURRENT ASSETS                                   $          0   $          0
                                                 ------------   ------------
     TOTAL CURRENT ASSETS                                   0              0
                                                 ------------   ------------
OTHER ASSETS                                                0              0
                                                 ------------   ------------
     TOTAL OTHER ASSETS                                     0              0
                                                 ------------   ------------
                                                 $          0   $          0
                                                 ============   ============
            LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
  Officers Advances (Note #5)                    $          0   $          0
                                                 ------------   ------------
     TOTAL CURRENT LIABILITIES                              0              0
                                                 ------------   ------------
STOCKHOLDERS' EQUITY

   Preferred stock, $0.001 par value
   authorized 5,000,000 shares;
   None issued and Outstanding                              0              0

   Common stock, $0.001 par value,
   authorized 20,000,000 shares;
   7,266,370 and 6,666,370 issued and
   outstanding at 6/30/03 and 12/31/02                  7,266          6,666

Additional paid-in capital                                  0              0

(Deficit) accumulated during
development stage                                     (7,266)        (6,666)
                                                  -----------    -----------
     TOTAL STOCKHOLDER'S EQUITY                             0              0
                                                  -----------    -----------

                                                  $         0    $         0
                                                  ===========    ===========

 The accompanying notes are an integral part of these financial statements.

</TABLE>
<PAGE>
<TABLE>

                     ACCESSORY SPECIALISTS INCORPORATED
                        (A Development Stage Company)
                           STATEMENT OF OPERATIONS
                                 (Unaudited)

                                                                  January 18,
                                                                     2000
                     Three Months Ended      Six Months Ended     (Inception)
                          June 30,               June 30,         to June 30,
                                                                     2003
                       2003       2002       2003        2002
<S>                <C>           <C>        <C>         <C>        <C>
INCOME
Revenue             $      0     $      0    $      0   $      0     $       0
                    --------     --------    --------   --------     ---------
EXPENSE
General and
Administrative           600           22         600         22         6,984
Organization Cost          0            0           0          0           282
Expense
                    --------     --------    --------   --------     ---------
TOTAL EXPENSES           600           22         600         22         7,266
                    --------     --------    --------   --------     ---------
NET (LOSS)          $  (600)     $   (22)    $  (600)   $   (22)     $ (7,266)
                    ========     ========    ========   ========     =========
Net Loss
Per Weighted Share  $  (.00)     $  (.00)    $  (.00)   $  (.00)
                    ========     ========    ========   ========
Weighted average
number of common
shares outstanding 7,266,370    6,538,240   7,266,370  6,538,240
                   =========    =========   =========  =========

 The accompanying notes are an integral part of these financial statements.

</TABLE>
<PAGE>
<TABLE>


                     ACCESSORY SPECIALISTS INCORPORATED
                        (A Development Stage Company)
                           STATEMENT OF CASH FLOWS
                                 (Unaudited)

                             Three Months    Six Months Ended  January 18, 2000
                            Ended June 30,       June 30,       (Inception) to
                                                                 June 30,2003
                             2003     2002    2003      2002
<S>                        <C>       <C>      <C>       <C>       <C>
Cash Flows from
Operating Activities:
 Net (loss)                $ (600)   $  (22)  $  (600)  $  (22)    $  (7,266)
 Amortization                   0         0         0        0            282
Stock Issued for services       0         0         0        0          5,000
 Issuance of stock to
 Convert debt to equity       600        22       600       22          2,266

Changes in assets and
Liabilities:
 Officers Advances              0         0         0        0              0
                           ------    ------    ------   ------       --------
Net cash (used) in
operating activities            0         0         0        0            282

Cash Flows from
Investing Activities:
 Organization Costs             0         0         0        0           (282)
                                                                      --------
 Net Cash (used) in
 Investing activities           0         0         0        0              0

Cash Flows from
Financing Activities            0         0         0        0              0
                           ------   -------    ------   ------        -------
Net increase in cash            0         0         0        0              0

Cash beginning of period        0         0         0        0              0
                           ------   -------    ------   ------        -------
Cash end of period         $    0   $     0   $     0  $     0       $      0
                           ======   =======   =======  =======       ========
Supplemental Disclosure
 Interest paid             $    0   $    0    $     0  $     0       $      0
                           =======  ======    =======  =======       ========
 Taxes paid                $    0   $    0    $     0  $     0       $      0
                           ======   ======    =======  =======       ========
Non-cash transactions:
 Number of shares issued
  For services                  0        0          0        0       5,000,000
                           ======   ======    =======   ======       =========
 Number of shares issued
 To convert debt to equity 600,000  22,060    600,000   22,060       2,266,370
                           =======  ======    =======   ======       =========

 The accompanying notes are an integral part of these financial statements.

</TABLE>
<PAGE>

                      ACCESSORY SPECIALISTS INCORPORATED
                        (A Development Stage Company)

                        NOTES TO FINANCIAL STATEMENTS
                                June 30, 2003

Note 1 - Basis of Presentation

     The   consolidated   interim  financial  statements  included   herein,
presented  in  accordance with United States generally  accepted  accounting
principles  and  stated in US dollars, have been prepared  by  the  Company,
without  audit, pursuant to the rules and regulations of the Securities  and
Exchange  Commission.  Certain information and footnote disclosures normally
included  in  financial  statements prepared in  accordance  with  generally
accepted  accounting principles have been condensed or omitted  pursuant  to
such  rules  and  regulations,  although  the  Company  believes  that   the
disclosures are adequate to make the information presented not misleading.

     These   statements  reflect  all  adjustments,  consisting  of   normal
recurring adjustments, which in the opinion of management, are necessary for
fair  presentation of the information contained therein.   It  is  suggested
that  these consolidated interim financial statements be read in conjunction
with the financial statements of the Company for the year ended December 31,
2002 and notes thereto included in the Company's 10-KSB annual report.   The
Company  follows the same accounting policies in the preparation of  interim
reports.

     Results  of  operation  for the interim period are  not  indicative  of
annual results.

Note 2 - Going concern

     The  accompanying financial statements have been prepared assuming that
the  Company  will  continue  as  a  going concern  which  contemplates  the
recoverability of assets and the satisfaction of liabilities in  the  normal
course of business. As noted above, the Company is in the development  stage
and, accordingly, has not yet generated revenues from operations. Since  its
inception,   the  Company  has  been  engaged  substantially  in   financing
activities  and  developing  its product line,  setting  up  its  e-commerce
website,  and  incurring substantial costs and expenses. As  a  result,  the
Company  incurred  accumulated net losses from January 18, 2000  (inception)
through  the  period  ended  June 30, 2003 of  $(7,266).  In  addition,  the
Company's  development  activities since  inception  have  been  financially
sustained through equity financing.

     The  ability of the Company to continue as a going concern is dependent
upon  its ability to raise additional capital from the sale of common  stock
and,  ultimately,  the achievement of significant operating  revenues.   The
accompanying financial statements do not include any adjustments that  might
be  required should the Company be unable to recover the value of its assets
or satisfy its liabilities.

<PAGE>
                     ACCESSORY SPECIALISTS INCORPORATED
                        (A Development Stage Company)

                        NOTES TO FINANCIAL STATEMENTS
                                June 30, 2003

NOTE 3 - STOCKHOLDERS EQUITY

     On April 28, 2003, the Company issued an officer of the Company 500,000
shares  of its $.001 par value common stock for conversion of debt to equity
of  $500.   The  shares  were  deemed to have been  issued  pursuant  to  an
exemption  provided  by  Section  4(2)  of  the  Act,  which  exempts   from
registration "transactions by an issuer not involving any public offering."

     On  June 17, 2003, the Company issued an officer of the Company 100,000
shares  of its $.001 par value common stock for conversion of debt to equity
of  $100.   The  shares  were  deemed to have been  issued  pursuant  to  an
exemption  provided  by  Section  4(2)  of  the  Act,  which  exempts   from
registration "transactions by an issuer not involving any public offering."

NOTE 4 - RELATED PARTY TRANSACTIONS

     The Company neither owns or leases any real or personal property.
Office services are provided without charge by the officer and director of
the Company. Such costs are immaterial to the financial statements and
accordingly, have not been reflected therein. The officer and director of
the Company is involved in other business activities and may, in the future,
become involved in other business opportunities. If a specific business
opportunity becomes available, such person may face a conflict in selecting
between the Company and their other business interests. The Company has not
formulated a policy for the resolution of such conflicts.

NOTE 5 - OFFICERS ADVANCES

     While  the Company is seeking additional capital through a merger  with
an existing operating company, the officer of the Company has advanced funds
on behalf of the Company to pay for any costs incurred by it. These advances
have been converted to equity.

<PAGE>

ITEM 2.   PLAN OF OPERATION

     The   Company  has  registered  its  common  stock  on  a  Form   10-SB
registration statement filed pursuant to the Securities Exchange Act of 1934
(the  "Exchange  Act") and Rule 12(g) thereof.  The Company files  with  the
Securities and Exchange Commission periodic and episodic reports under  Rule
13(a)  of  the Exchange Act, including quarterly reports on Form 10-QSB  and
annual reports on Form 10-KSB.

     We  are currently seeking to engage in a merger with or acquisition  of
an  unidentified  foreign  or domestic company which  desires  to  become  a
reporting  ("public") company whose securities are qualified for trading  in
the  United  States secondary market.  We meet the definition  of  a  "blank
check" company contained in Section (7)(b)(3) of the Securities Act of 1933,
as  amended.   We have been in the developmental stage since  inception  and
have  no  operations  to date.  Other than issuing shares  to  our  original
stockholder, we have not commenced any operational activities.

     We  will  not  acquire  or merge with any entity which  cannot  provide
audited financial statements at or within a reasonable period of time  after
closing  of  the proposed transaction.  We are subject to all the  reporting
requirements  included in the Exchange Act.  Included in these  requirements
is  our duty to file audited financial statements as part of our Form 8-K to
be filed with the Securities and Exchange Commission upon consummation of  a
merger  or acquisition, as well as our audited financial statements included
in  our  annual  report  on Form 10-K (or 10-KSB, as applicable).   If  such
audited  financial statements are not available at closing, or  within  time
parameters necessary to insure our compliance with the requirements  of  the
Exchange Act, or if the audited financial statements provided do not conform
to  the  representations made by the target business, the closing  documents
may provide that the proposed transaction will be voidable at the discretion
of our present management.

     We  will  not  restrict our search for any specific kind of businesses,
but may acquire a business which is in its preliminary or development stage,
which  is  already in operation, or in essentially any stage of its business
life. It is impossible to predict at this time the status of any business in
which  we  may  become  engaged, in that such  business  may  need  to  seek
additional  capital, may desire to have its shares publicly traded,  or  may
seek other perceived advantages which we may offer.

     A business combination with a target business will normally involve the
transfer to the target business of the majority of our common stock, and the
substitution  by  the  target business of its own management  and  board  of
directors.

     We  have,  and will continue to have, no capital with which to  provide
the owners of business opportunities with any cash or other assets. However,
management  believes  we  will  be  able  to  offer  owners  of  acquisition
candidates the opportunity to acquire a controlling ownership interest in  a
publicly registered company without incurring the cost and time required  to
conduct  an  initial  public offering.  Our officer  and  director  has  not
conducted  market research and is not aware of statistical data  to  support
the perceived benefits of a merger or acquisition transaction for the owners
of a business opportunity.

<PAGE>

     Our Officer and Director has agreed that he will advance any additional
funds  which we need for operating capital and for costs in connection  with
searching  for  or completing an acquisition or merger. Such  advances  have
historically  been  converted to equity.  There is  no  minimum  or  maximum
amount the Officer and Director will advance to us.  We will not borrow  any
funds  for  the  purpose  of  repaying advances made  by  such  Officer  and
Director,  and  we  will not borrow any funds to make any  payments  to  our
promoters, management or their affiliates or associates.

     The  Board of Directors has passed a resolution which contains a policy
that we will not seek an acquisition or merger with any entity in which  our
officer,  director,  stockholder or his affiliates or  associates  serve  as
officer or director or hold more than a 10% ownership interest.

ITEM 3.   CONTROLS AND PROCEDURES

(a)   Under  the  supervision and with the participation of our  management,
      including  our  chief executive officer and chief accounting  officer,
      we  evaluated  the  effectiveness of the design and operation  of  our
      disclosure  controls  and procedures, as such term  is  defined  under
      Rule  13a-14(c) promulgated under the Securities Exchange Act of 1934,
      as  amended,  within 90 days prior to the filing date of this  report.
      Based  on  their  evaluation, our chief executive  officer  and  chief
      accounting   officer  concluded  that  our  disclosure  controls   and
      procedures are effective.

(b)   There  have been no significant changes (including corrective  actions
      with  regard  to  significant deficiencies or material weaknesses)  in
      our  internal  controls or in other factors that  could  significantly
      affect  these  controls  subsequent to  the  date  of  the  evaluation
      referenced in paragraph (a) above.

PART II -- OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

     There  are no legal proceedings against the Company and the Company  is
unaware of any such proceedings contemplated against it.

ITEM 2.  CHANGES IN SECURITIES

     Not applicable.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

     Not applicable.

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

     Not applicable.

<PAGE>

ITEM 5.  OTHER INFORMATION

     The  Registrant's  executive office address changed to  770  East  Warm
Springs Rd., Suite 250 Las Vegas, Nevada 89119 effective June 1, 2003.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

     (a)  Exhibits
          See Exhibit Table on page E-1
     (b)  8-K - None

<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.


                         ACCESSORY SPECIALISTS INCORPORATED


                         By:/s/ Anthony N. DeMint
                              Anthony N. DeMint, President


Dated:    August 5, 2003

<PAGE>

                          EXHIBIT TABLE

Exhibit                               Description
Number
(1)        N/A
(2)        N/A
(3)(i)*    Articles of Incorporation
           (a) Articles of Incorporation
(3)(ii)*   Bylaws
           (a) Bylaws
(4)*       Instruments defining the rights of security holders:
(4)(i)     (a) Articles of Incorporation
           (b) Bylaws
           (c) Stock Certificate Specimen
(5)        N/A
(8)        N/A
(9)        N/A
(10)       N/A
(11)       Contained  in  the  Notes  to  the  Financial  Statements  (filed
           herewith)
(13)       N/A
(15)       N/A
(16)       N/A
(17)       N/A
(18)       N/A
(19)       N/A
(20)       N/A
(21)       N/A
(22)       N/A
(23)       N/A
(24)       N/A
(25)       N/A
(26)       N/A
(99)       N/A
*Filed in Form 10SB