SECURITIES AND EXCHANGE COMMISSION
               WASHINGTON, DC 20549

                    FORM 10-QSB/A
                  (Amendment No. 1)

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

 For the quarterly period ended JANUARY 31, 2000

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

For the transition period from            to


          Commission file number 0-26454


                  PL BRANDS, INC.
(Exact name of Small Business Issuer as Specified in its Charter)


Delaware                                               98-0142664
(State or Other Jurisdiction                      (I.R.S. Employer
of Incorporation or                                 Identification
Organization)                                              Number)

                 260 Bartley Drive
         Toronto, Ontario, Canada M4A 1G5
     (Address of Principal Executive Offices)

                  (416) 750-9656
 (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   x               No


State the number of shares outstanding of each of the Issuer's classes of
common equity, as of the latest practicable date:

        Common, $.001 par value per share:
     9,143,279 outstanding as of June 8, 2000


<PAGE>

                 EXPLANATORY NOTE

     PL Brands, Inc. is filing this Amendment No. 1 on Form 10-QSB/A to
its Quarterly Report of Form 10-QSB for the quarter ended January 31, 2000 to
reflect the restatement of its unaudited interim consolidated condensed
financial statements for the three and nine months ended January 31, 2000
and 1999. See the Financial Information and Notes thereto included
elsewhere herein.





          PART I - FINANCIAL INFORMATION

         PL BRANDS, INC. AND SUBSIDIARIES


          Index to Financial Information
            Period Ended January 31, 2000
                    (Unaudited)



   Item
                                                      Page Herein

  Item 1 -  Financial Statements:

     Consolidated Condensed Balance Sheets                  3

     Consolidated Condensed Statements of Earnings          4

     Consolidated Condensed Statements of Cash Flows        5

     Notes to Consolidated Condensed Financial Statements   6



   Item 2 -  Management's Discussion and
             Analysis or Plan of Operation                  7



<PAGE>








PL BRANDS, INC.
CONSOLIDATED CONDENSED BALANCE SHEETS
(unaudited)
================================================================================

                                                     April 30,       January 31,
                                                        1999            2000
                                                    -----------     -----------
                                                                    (Restated -
                                                                     See Note 2)
ASSETS

CURRENT
Cash                                                $       415     $     1,803

NET ASSETS OF DISCONTINUED OPERATIONS                 1,525,056              --
-------------------------------------------------------------------------------
                                                    $ 1,525,471     $     1,803
===============================================================================

LIABILITIES

CURRENT
Accounts payable                                    $    97,828     $    66,729
Net liabilities of discontinued operations            1,374,750              --
-------------------------------------------------------------------------------
                                                      1,472,578          66,729
-------------------------------------------------------------------------------

STOCKHOLDERS' EQUITY (DEFICIT)

CAPITAL STOCK                                             9,143           9,143

ADDITIONAL PAID-IN CAPITAL                            2,128,906       2,128,906

ACCUMULATED DEFICIT                                  (2,085,156)     (2,202,975)
-------------------------------------------------------------------------------
                                                         52,893         (64,926)
-------------------------------------------------------------------------------
                                                    $ 1,525,471     $     1,803
===============================================================================

     See accompanying notes to consolidated condensed financial statements.
<PAGE>
<TABLE>
<CAPTION>
PL BRANDS, INC.
CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS
(unaudited)
================================================================================

                                For the three months ended    For the nine months ended
                                       January 31,                    January 31,
                                --------------------------    --------------------------
                                   2000           1999           2000           1999
                                -----------    -----------    -----------    -----------
                                  (Restated - See Note 2)       (Restated - See Note 2)

<S>                          <C>            <C>            <C>            <C>
NET SALES                    $        --    $        --    $        --    $        --

OPERATING EXPENSES                19,011         15,689        139,044         50,173
----------------------------------------------------------------------------------------
LOSS BEFORE UNDERNOTED ITEMS     (19,011)       (15,689)      (139,044)       (50,173)

OTHER INCOME (EXPENSES)           21,225             --         21,225             --
----------------------------------------------------------------------------------------
INCOME (LOSS) FROM CONTINUING
OPERATIONS                         2,214        (15,689)      (117,819)       (50,173)

DISCONTINUED OPERATIONS
Income from operations of
   Gandalf Graphics Limited           --       (161,444)            --         44,703
----------------------------------------------------------------------------------------

NET EARNINGS (LOSS)                2,214       (177,133)      (117,819)        (5,470)

ACCUMULATED DEFICIT,
BEGINNING OF PERIOD           (2,205,189)    (1,899,007)    (2,085,156)    (2,070,670)
----------------------------------------------------------------------------------------
ACCUMULATED DEFICIT,
END OF PERIOD                $(2,202,975)   $(2,076,140)   $(2,202,975)   $(2,076,140)
========================================================================================

     See accompanying notes to consolidated condensed financial statements.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PL BRANDS, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited)
================================================================================

                                        For the three months ended  For the nine months ended
                                        January 31,                 January 31,
                                     -------------------------   -------------------------
                                          2000          1999          2000          1999
                                     -----------   -----------   -----------   -----------
                                     (Restated - See Note 2)        (Restated - See Note 2)
<S>                                 <C>           <C>           <C>           <C>
CASH PROVIDED BY (USED FOR)

OPERATING ACTIVITIES
Income (loss) from
continuing operations               $     2,214   $   (15,689)  $  (117,819)  $   (50,173)
Changes in assets and liabilities
affecting cash flows
Accounts receivable - other                  --            --            --        69,881
Accounts payable                         (1,777)       16,040       (31,099)      (18,960)
-------------------------------------------------------------------------------------------------
Net cash (used for) provided
by operating activities                     437           351      (148,918)          748

Net cash flows from
discontinued operations                      --       367,689       150,306       557,512
-------------------------------------------------------------------------------------------------
                                            437       368,040         1,388       558,260

INVESTING ACTIVITIES
Net cash flows from
discontinued operations                      --      (368,169)           --      (419,395)

FINANCING ACTIVITIES
Net cash flows from
discontinued operations                      --            --            --      (138,539)
-------------------------------------------------------------------------------------------------
NET INCREASE (DECREASE) IN CASH             437          (129)        1,388           326

CASH, BEGINNING OF PERIOD                 1,366           672           415           217
-------------------------------------------------------------------------------------------------
CASH, END OF PERIOD                 $     1,803   $       543   $     1,803   $       543
=================================================================================================
     See accompanying notes to consolidated condensed financial statements.
</TABLE>




<PAGE>


         PL BRANDS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS


NOTE 1   UNAUDITED INTERIM FINANCIAL INFORMATION

     The accompanying  interim financial statements are unaudited, but
in the opinion of the management of the Company, contain all adjustments,
consisting of only normal recurring accruals, necessary to present fairly
the financial position at January 31, 2000, the results of operations of
the three and nine month periods ended January 31, 1999 and 2000, and the
cash flows for the three and nine month periods ended January 31, 1999 and
2000.  The results of operations for the three and nine month periods ended
January 31, 2000 are not necessarily indicative of the results of
operations to be expected for the full fiscal year ended April 30, 2000.
Reference is made to the Company's Form 10-KSB/A for the year ended April
30, 1999.

     Until January 1998, the Company's traditional line of business had
been bottling water through its subsidiary Alma Pack Bottling Corporation.
The subsidiary was never able to attain profitability and there continued
to be a stockholders deficit. In 1998, the Company revised its strategy and
sold all of the shares of Alma Pack Bottling Corporation and acquired all
of the issued and outstanding shares (the "Gandalf Shares") of Gandalf
Graphics Limited ("Gandalf") from Marcella Downey ("Downey") for Canadian
$400,000 which was paid by issuing a promissory note to Downey for Canadian
$400,000 (the "Note") with the principal due and payable on January 1,
2000.  Gandalf provides digital pre-press services and digital print
services.  Pursuant to an agreement made as of May 1, 1999 wherein the
Company acknowledged that it has not and shall not repay the principal
amount of the Note and any accrued and unpaid interest to Downey on January
1, 2000, the parties decided to resolve any controversy that would result
from the inability of the Company to pay, and agreed that Downey return the
Note to the Company in exchange for the return of the Gandalf Shares.

NOTE 2 - RESTATEMENT OF FINANCIAL STATEMENTS

     Subsequent to the issuance of the Company's financial statements as
of and for the three and nine month periods ended January 31, 2000, the
Company's management determined that the disposal of Gandalf effective as
of May 1, 1999 was indicative of conditions existing at the April 30, 1999
balance sheet date.  Therefore, the financial statements for April 30, 1999
should have reflected such disposal as a discontinued operation, and the
cumulative foreign currency translation account related to the discontinued
operation should have been reclassified from accumulated other
comprehensive income and recorded as an expense as of April 30, 1999.  As a
result, the consolidated condensed financial statements as of and for the
three and nine month periods ended January 31, 2000 have been restated to
reverse the foreign currency translation adjustment previously recorded.
Additionally, the 1999 financial statements have been recast to
appropriately report Gandalf as a discontinued operation.

     A summary of the significant effects of the restatement is as
follows:


                               January 31, 2000

                              As
                          Previously
                           Reported     As Restated


Accumulated Deficit       (2,231,014)   (2,202,975)

Accumulated Other
Comprehensive Income          27,330

<PAGE>


Item 2.        Management's Discussion and Analysis or Plan of
               Operation.


     The following discussion should be read in conjunction with the
Financial Information and Notes thereto included in this report.  See Note
2 of the notes to the financial statements for a discussion of the effects
of the restatement of the financial statements as of and for the three and
nine month periods ended January 31, 2000.

Background

     PL Brands, Inc. (the "Company") was originally incorporated under
the name "Malone Road Investments, Ltd."  on August 6, 1990 in the Isle of
Man.  The Company was redomesticated in the Turks and Caicos Islands on
April 21, 1992, and subsequently domesticated as a Delaware corporation on
May 12, 1994.  Pursuant to Delaware law the Company is deemed to have been
incorporated in Delaware as of August 6, 1990.  The Company changed its
name to PL Brands, Inc. on June 6, 1994.

     Unless the context otherwise requires, all references herein to the
"Company" refer to PL Brands, Inc. and its consolidated subsidiaries.

      The Company's principal business was initially in development,
production and marketing of private label prepared foods.  Prior to January
1, 1994 the Company's activities were primarily limited to research and
development of its business  plan and recruitment of personnel.  Full-time
operations began in March 1994.  On August 19, 1994 the Company purchased
100% of the outstanding shares of Alma Pack Bottling Corporation ("Alma
Pack").  Until January 1998, Alma Pack's bottling business comprised the
Company's principal operation. Under this strategy, the Company was never
able to attain profitability and the continued stockholder's deficiency
raised doubt about the Company's ability to continue as a going concern.

     In 1998 the Company revised its strategy and sold all of the shares
of Alma Pack and acquired all of the issued and outstanding shares (the
"Gandalf Shares") of Gandalf  Graphics Limited ("Gandalf") from Marcella
Downey ("Downey") for Canadian $400,000 which was paid by issuing a
promissory note to Downey for Canadian $400,000 (the "Note") with the
principal due and payable on January 1, 2000.  Gandalf  provides digital
pre-press services and digital print services.  Pursuant to an agreement
made as of May 1, 1999 wherein the Company acknowledged that it has not and
shall not repay the principal amount of the Note and any accrued and unpaid
interest to Downey on January 1, 2000, the parties decided to resolve any
controversy that would result from the inability of the Company to pay, and
agreed that Downey return the Note to the Company in exchange for the
return of the Gandalf Shares.

     As a result of the transactions discussed above with Alma Pack and
Gandalf, the net assets (liabilities) of each have been segregated from
continuing operations in the consolidated balance sheets included within
the accompanying financial statements, and operating results of each are
segregated and reported as discontinued operations in the consolidated
statements of earnings and consolidated statements of cash flows included
within the accompanying financial statements.

     Unless otherwise noted all information herein is given in U.S.
dollars.

Results of Operations/Plan of Operation

     The Company reported no sales from continuing operations for the
three and nine months ended January 31, 2000 and three and nine months
ended January 31, 1999.  This was due to the disposal of Gandalf, the
Company's only operating segment through the return of the Note to the
Company in exchange

<PAGE>


for the return of the Gandalf Shares as of May 1, 1999.  As a result, the
Company had no business operations for the period covered by this report.
Operating expenses were approximately $19,000 and $139,000, respectively,
for the three and nine months ended January 31, 2000 compared to
approximately $16,000 and $50,000, respectively,  for the three and nine
months ended January 31, 1999.  The Company had income from continuing
operations of approximately $2,000 for the three months ended January 31,
2000 compared to a loss from continuing operations of approximately $16,000
for the three  months ended January 31, 1999.  For the nine months ended
Janaury 31, 2000, the Company had a loss from continuing operations of
approximately $118,000 compared to a loss from continuing operations of
approximately $50,000 for the nine months ended January 31, 1999.  For the
three months ended January  31, 2000, the Company reported  net earnings of
approximately $2,000 compared to a net loss of approximately $177,000 for
the three months ended January 31, 1999.  For the nine months ended January
31, 2000, the Company reported a net loss of  approximately $118,000
compared to a net loss of approximately $5,000 for the nine months ended
January 31, 1999.  The change is primarily due to a loss from operations of
Gandalf being reported of approximately $161,000 for the three months ended
January  31, 1999 compared to no income or a loss from operations of
Gandalf being reported for the three months ended January 31, 2000, and
income from operations of Gandalf being reported of approximately $44,000
for the nine months ended January  31, 1999 compared to no income or a loss
from operations of Gandalf being reported for the nine months ended January
31, 2000, all  due to Gandalf's disposal as of May 1, 1999.

     In May 2000, the Company entered into an agreement to acquire
substantially all of the assets of Oth.net, Inc., a Florida corporation, as
well as the Oth.net domain name,  in exchange for 4,500,000 shares of the
Company's Common Stock and $500,000, which funds were paid on June 30,
2000.  Oth.net, Inc. is an internet based search engine for music on the
world wide web.  Such transaction was completed as of July 21, 2000.  As a
result, it is contemplated that there will be a change in management of the
Company.

Liquidity and Capital Resources

     On January 31, 2000, the Company had a working capital deficit of
approximately $65,000 and stockholders' deficit of approximately $65,000.

Year 2000 Issue

     The Year 2000 Issue arises because many computerized systems use
two digits rather than four to identify a year.  Date-sensitive systems may
recognize the year 2000 as 1900 or some other date, resulting in errors
when information using Year 2000 dates is processed.  In addition, similar
problems may arise in some systems which use certain dates in 1999 to
represent something other than a date.  The effects of the Year 2000 Issue
may be experienced before, on, or after January 1, 2000, and, if not
addressed, the impact on operations and financial reporting may range from
minor errors to significant systems failure which could affect the entity's
ability to conduct normal business operations.  It is not possible to be
certain that all aspects of the Year 2000 Issue affecting the Company,
including those related to the efforts of customers, suppliers or other
service providers, will be fully resolved.

     Prior to the year 2000, the Company determined that its critical
software (primarily widely-used software packages) and all of its critical
business systems  were already year 2000 compliant, and as of the date of
this report, no significant problems had been encountered.  However, the
Company continues to monitor the situation.



<PAGE>



            PART II - OTHER INFORMATION

Item 1.      Legal Proceedings.

             None.

Item 2.      Changes in Securities.

             None.

Item 3.      Defaults Upon Senior Securities.

             None.

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

             None.

Item 5.      Other Information.

             None.

Item 6.      Exhibits and Reports on Form 8-K.

             (a)  Exhibits.

             There are no exhibits applicable to this Form 10-QSB.

             (b)  Reports on Form 8-K.

             Listed below are reports on Form 8-K filed during the
             fiscal quarter ended January 31, 2000.

             None.




<PAGE>



                         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.


                                 PL BRANDS, INC.
                                 (Registrant)


Dated: November 3, 2000          By: /s/Robert Brown
                                 Robert Brown,
                                 Vice President - Finance, Secretary,
                                 Treasurer (Principal Accounting and
                                 Financial Officer)