U.S. SECURITIES AND EXCHANGE COMMISSION
                       Washington, DC  20549

                            FORM 10-QSB/A
                           Amendment No. 1


     (Mark One)

     xQuarterly report under Section 13, or 15 (d) of the
Securities Exchange Act of 1934

     For the quarterly period ended July 31, 2001

     oTransition report under Section 13 or 15 (d) of the
Exchange Act

     For the transition period from ________________ to
_______________

     Commission file number   33-16335


                               MALEX, INC.
 (Exact Name of Small Business Issuer as Specified in Its Charter)


            Delaware                              75-2235008
(State or Other Jurisdiction of         (I.R.S. Employer
      Incorporation or Organization)          Identification
No.)

        6959 Arapaho, Suite 122, Dallas, Texas  75248
          (Address of Principal Executive Offices)

                       (972) 386-8907
      (Issuer's Telephone Number, Including Area Code)


(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 past 90
days.
xYes oNo
               APPLICABLE ONLY TO ISSUERS INVOLVED IN
                 BANKRUPTCY PROCEEDINGS DURING THE
                        PRECEDING FIVE YEARS

     Check whether the registrant filed all documents and
reports required to be filed by Section 12, 13, or 15 (d) of
the Exchange Act after the distribution of securities under
a plan confirmed by a court.
oYes oNo

                APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares outstanding of each of the
issuer's classes of common equity, as of the latest
practicable date: 8,416,000

<PAGE>


                            MALEX, INC.


                             I N D E X



                                                 Page No.

Part I         FINANCIAL INFORMATION:

          Item 1.   Balance Sheets                3

                    Statements of Operations           4

                    Statements of Cash Flows           5

                    Notes to Financial
                    Statements (unaudited)             6

          Item 2.   Management's Discussion
                    and Analysis of Financial
                    Condition and Results of
                    Operations                         6

Part II   OTHER INFORMATION                            7
<PAGE>

                            MALEX, INC.
                   (a development stage company)
                   PART I.  FINANCIAL INFORMATION

                      CONDENSED BALANCE SHEETS
                            (Unaudited)
<TABLE>
<S>                                     <C>       <C>
                               ASSETS


                                   July 31, 2001 April 30, 2001
                                    (Unaudited)    (Audited)

  Cash                                $     3       $     3

Total Assets                          $     3       $     3


                LIABILITIES AND STOCKHOLDERS' EQUITY


LIABILITIES

  Current Liabilities
     Accounts  payable
           related  party             $  3,000      $  2,000
Total Liabilities                     $  3,000      $  2,000

Stockholders' Equity:
  Common stock (number of
  shares authorized 75,000,000,
  issued and outstanding
  8,416,000 shares, par value
  $0.00002/sh)                             168           168
Additional Paid in Capital               2,097         2,097
Retained earnings (deficit)             (5,262)       (4,262)

Total Stockholders Equity                (2,997)     (1,997)

Total Liabilities &
Stockholders' Equity                  $      3      $      3
</TABLE>


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



                            MALEX, INC.
                   (a development stage company)

                      STATEMENTS OF OPERATION

                            (Unaudited)
<TABLE>
<S>                               <C>            <C>

                                 Three Months Ended
                                      July 31,
                                 2001           2000


Income                       $       -       $    -

Expenses - General and
  Administrative             $       1,000   $ 1,000

Net Income (Loss)            $       (1,000) $(1,000)

Earnings per common share*        *               *

*(less than $0.001 per
  share)

Weighted average number of
  shares outstanding            8,416,000       8,416,000

</TABLE>



The accompanying notes are an integral part of these
statements.
<PAGE>


                            MALEX, INC.
                   (a development stage company)


                     STATEMENTS OF CASH FLOWS
<TABLE>
<S>                                        <C>      <C>


                                        Three Months Ended
                                            July 31,
                                         2001      2000
CASH FLOWS FROM OPERATING
 ACTIVITIES:

Cash Received From Customers       $       -    $       -

 Cash Paid to Employees and
  Other Suppliers of Goods
   and Services                           -             -

NET CASH PROVIDED (USED) BY
 OPERATING ACTIVITIES                     -               -

NET CASH PROVIDED (USED) BY
 INVESTING ACTIVITIES                     -             -

NET CASH PROVIDED (USED) BY
 FINANCIAL ACTIVITIES                     -             -

NET INCREASE (DECREASE) IN CASH           -             -

BEGINNING CASH BALANCE                    3             3

CASH BALANCE AT END OF PERIOD      $      3      $      3

</TABLE>



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



                NOTES TO FINANCIAL STATEMENTS
                         (UNAUDITED)


Item 1.   Financial Statements

The accompanying unaudited financial statements have been
prepared in accordance with the instructions to Form 10-Q
and do not include all of the information and footnotes
required by generally accepted accounting principles for
complete financial statements.

In the opinion of management, all adjustments (consisting of
normal recurring accruals) considered necessary for a fair
presentation have been included.  These statements should be
read in conjunction with the audited financial statements
and notes thereto included in the Registrant's Form 10-K for
the year ended April 30, 2001.

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

 Registrant has no operations or substantial assets and
intends to seek out and obtain candidates with which it can
merge or whose operations or assets can be acquired through
the issuance of common stock and possibly debt.  Following a
distribution of its common stock to the shareholders of
Forme Capital, Inc. the Registrant has approximately 1000
shareholders.

 It is the present expectation of the Management of
Registrant that in connection with any such merger or
acquisition of operations or assets that the Management of
Registrant will be transferred to the new controlling
shareholders.  The Management of Registrant intends to
negotiate covenants with any such company or controlling
shareholders that it/they will maintain Registrant's
registration with the Securities and Exchange Commission,
comply with the terms of its Articles of Incorporation and
Bylaws in all respects, maintain and promote an orderly
market in Registrant's Common Stock and otherwise treat
Registrant's shareholders fairly.

Liquidity and Capital Resources

 Registrant is a development-stage company and has not
conducted any business operations as yet.  The Registrant's
cash resources and liquidity are extremely limited.  The
Registrant has no assets to use as collateral to allow the
Registrant to borrow, and there is no available external
funding source other than Forme which has agreed to provide
up to $9,200 for expenses connected with the attempt to find
a business combination partner.  If no combination partner
can be found within twelve months, Registrant will
experience severe cash flow difficulties.  Registrant's
principal needs for capital are for Securities and Exchange
Commission reporting requirements, bookkeeping and
professional fees.

PART II.   OTHER INFORMATION


Item 6.   Exhibits and Reports on Form 8-K


                            NONE





                         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 thereto duly
authorized.



                              MALEX, INC.
                              (Registrant)



                              By:  /s/ Daniel Wettreich
                                   Daniel Wettreich,
                                   President

Date: February 18, 2002