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

                                   FORM 10-QSB


(Mark One)

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

For the quarterly period ended SEPTEMBER 30, 2002.


         (  ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED)

For the transition period from   ______________________ to ____________________.

Commission file number: 0-32137


                         ALEC BRADLEY CIGAR CORPORATION
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

            FLORIDA                                               65-0701352
--------------------------------------------------------------------------------
State or other jurisdiction of                                (I.R.S. Employer
incorporation or organization                                Identification No.)

1750 N. W. 65th Avenue, Plantation, Florida                          33313
--------------------------------------------------------------------------------
  (Address of principal executive offices)                        (Zip Code)


Registrant's telephone number, including area code: (954) 321-5991


         Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such report(s), and (2) has been subject to such
filing requirements for the past 90 days.

Yes       [X]              No         [ ]


                      APPLICABLE ONLY TO CORPORATE ISSUERS

As of December 1, 2002, there were 4,899,777 shares of Common Stock, par value
$.0001 per share, outstanding.


<PAGE>
<TABLE>
<CAPTION>
                                    I N D E X

                                                                                            Page
                                                                                            ----
<S>                                                                                          <C>
Part I.       Financial Information.                                                          3

Item 1.       Financial Statements (Unaudited).                                               3

              Balance Sheet                                                                   3

              Statements of Operations                                                        4

              Statement of Cash Flows for the Nine Months Ended September 30,                 5

              Statement of Stockholders' Equity For the Period Ended September 2002           6

              Notes to be Combined Financial Statements (Unaudited)                           7

Item 2.       Management's Discussion and Analysis of Financial Condition and
              Results of Operations.                                                          8

Item 3.       Controls and Procedures                                                         10

Part II.      Other Information.                                                              11
</TABLE>







































                                       2
<PAGE>
Part I:  Financial Information

ITEM 1.  FINACIAL STATEMENTS (UNAUDITED)
<TABLE>
<CAPTION>
                            ALEC BRADLEY CIGAR CORP.
                                  BALANCE SHEET



                                     ASSETS
                                     ------

                                                      September 30,  December 31,
                                                          2002           2001
                                                          ----           ----
                                                       (unaudited)
<S>                                                    <C>            <C>
Current Assets:
     Cash and cash equivalents                         $  93,931      $  38,508
     Accounts receivable                                 131,096         51,493
     Inventory                                            94,813         76,988
     Prepaid expenses                                     30,827          4,399
                                                       ---------      ---------

            Total Current Assets                         350,667        171,388
                                                       ---------      ---------

Furniture and Equipment - Net                              6,748          8,205

Trademarks and Other Assets                                4,452          5,252
                                                       ---------      ---------

                                                       $ 361,867      $ 184,845
                                                       =========      =========

                             LIABILITIES AND EQUITY
                             ----------------------

Current Liabilities
     Accounts payable                                  $ 209,620      $  98,413
     Payroll taxes and deductions payable                  3,551          7,903
     Accrued income taxes payable                          8,380             --
     Directors' loans and advances                            --             --
                                                       ---------      ---------

            Total Current Liabilities                    221,551        106,316
                                                       ---------      ---------

Equity
     Common Stock                                            490            448
     Paid in capital                                     479,055        459,597
     Accumulated Deficit                                (339,229)      (381,516)
                                                       ---------      ---------

            Total Equity                                 140,316         78,529
                                                       ---------      ---------

                                                       $ 361,867      $ 184,845
                                                       =========      =========
</TABLE>


                        See notes to financial statements

                                       3
<PAGE>
<TABLE>
<CAPTION>
                ALEC BRADLEY CIGAR CORP. AND CIGAR CONCEPTS, INC
                            STATEMENTS OF OPERATIONS



                                                  Three Months Ended            Nine Months Ended
                                                     September 30,                September 30,
                                             --------------------------    --------------------------
                                                 2002              2001         2002          2001
                                                 ----              ----         ----          ----
<S>                                          <C>            <C>            <C>            <C>
Sales                                        $   559,755    $   262,881    $ 1,132,857    $   634,657

Cost of Sales                                    338,531        166,120        680,978        385,346
                                             -----------    -----------    -----------    -----------

Gross Profit                                     221,224         96,761        451,879        249,311

Operating Expenses
     General and administrative                  105,129         64,732        284,098        193,168
     Selling                                      60,994         13,619        111,834         24,951
                                             -----------    -----------    -----------    -----------

                                                 166,123         78,351        395,932        218,119
                                             -----------    -----------    -----------    -----------

Income from Operations Before Income Taxes        55,101         18,410         55,947         31,192

Provision for Income Taxes                         8,660             --         13,660             --
                                             -----------    -----------    -----------    -----------

Net Income/(Loss)                                 46,441         18,410         42,287         31,192

Accumulated Deficit - Beginning of Period       (385,670)      (392,803)      (381,516)      (405,585)
                                             -----------    -----------    -----------    -----------

Accumulated Deficit - End of Period          $  (339,229)   $  (374,393)   $  (339,229)   $  (374,393)
                                             ===========    ===========    ===========    ===========

Basic earnings (loss) per share              $      0.01    $      0.00    $      0.01    $      0.01
                                             ===========    ===========    ===========    ===========

Shares used in the calculation of basic
     earnings per share                        4,899,777      4,484,777      4,662,634      4,484,777
                                             ===========    ===========    ===========    ===========
</TABLE>


                        See notes to financial statements
                                       4
<PAGE>
<TABLE>
<CAPTION>
                            ALEC BRADLEY CIGAR CORP.
                             STATEMENT OF CASH FLOWS
                     FOR THE NINE MONTHS ENDED SEPTEMBER 30,


                                                                   2002         2001
                                                                   ----         ----
<S>                                                              <C>          <C>
Cash Flows From Operating Activities
     Net Income/(Loss)                                           $  42,287    $  31,192
     Adjustments to reconcile net income to net
        cash provided by operating activities:
            Depreciation and amortization                            6,400        5,850
            Issuance of common stock for services                   19,500           --
     Changes in current assets and liabilities:
            Accounts receivable                                    (79,603)     (32,132)
            Inventory                                              (17,825)      (5,477)
            Prepaid expenses                                       (26,428)     (10,632)
            Accounts payable                                       111,207       22,070
            Payroll taxes deductions payable                        (4,352)       3,115
            Accrued income taxes payable                             8,380           --
            Directors' loans and advances                               --          946
                                                                 ---------    ---------

Net Cash Used in Operating Activities                               59,566       14,932
                                                                 ---------    ---------

Cash flows From Investing Activities
     Cash payments for the purchase of property                     (4,143)      (1,499)
                                                                 ---------    ---------

Net cash flows From Investing Activities                            (4,143)      (1,499)
                                                                 ---------    ---------

Net Decrease in Cash and Cash Equivalents                           55,423       13,433

Cash and Cash Equivalents - Beginning of Period                     38,508       45,562
                                                                 ---------    ---------

Cash and Cash Equivalents - Ending of Period                     $  93,931    $  58,995
                                                                 =========    =========
</TABLE>








                        See notes to financial statements

                                       5
<PAGE>
<TABLE>
<CAPTION>
                            ALEC BRADLEY CIGAR CORP.
                        Statement of Stockholders' Equity
                      For the Period Ended September 2002


                                                                    Additional                   Total
                                               Number      Common     Paid-in    Accumulated  Stockholders'
                                             of shares      Stock     Capital      Deficit      Equity
                                            ----------   ---------  ----------   -----------  -------------
<S>                                          <C>         <C>         <C>         <C>            <C>
Balance at December 31, 2000                 4,484,777   $     448   $ 459,597   $(405,585)     $  54,460

Net Income                                          --          --          --      24,069         24,069
                                            ----------   ---------   ---------   ---------      ---------

Balance at December 31, 2001                 4,484,777         448     459,597    (381,516)        78,529
                                            ----------   ---------   ---------   ---------      ---------

Issuance of stock in exchange for services     415,000          42      19,458          --         19,500

Net Income                                          --          --          --      42,287         42,287
                                            ----------   ---------   ---------   ---------      ---------

Balance at September 30, 2002                4,899,777   $     490   $ 479,055   $(339,229)     $ 140,316
                                            ==========   =========   =========   =========      =========
</TABLE>









                        See notes to financial statements

                                       6

<PAGE>
              Notes to be Combined Financial Statements (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization - Alec Bradley Cigar Corp. (the "Company"), a Florida corporation,
was organized in July 1996. The Company imports and distributes cigars
domestically, with offices located in Plantation, Florida.

Basis of Accounting - The financial statements are prepared using the accrual
basis of accounting where revenues are recognized upon shipment of merchandise
to the customer and expenses are recognized in the period in which they are
incurred. This basis of accounting conforms to accounting principles generally
accepted in the United States of America.

Earnings per Common Share - Basic earnings per common share are based on the
weighted average number of shares outstanding of 4,899,777 and 4,484,777 for the
three months ended September 30, 2002 and 2001, respectively, and 4,662,634 and
4,484,777 for the nine months ended September 30, 2002 and 2001, respectively.
There are no common stock equivalents in the aforementioned periods.

Estimates - The preparation of financial statements in conformity with
accounting principles generally accepted in the United States of America
requires management to make estimates and assumptions that affect certain
reported amounts and disclosures. Accordingly, actual results could differ from
those estimates.

Interim Financial Statements - The accompanying interim unaudited financial
information has been prepared 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 accounting
principles generally accepted in the United States of America have been
condensed or omitted pursuant to such rules and regulations, although management
believes that the disclosures are adequate to make the information presented not
misleading. In the opinion of management, all adjustments, consisting only of
normal recurring adjustments, necessary to present fairly the financial position
of the Company as of September 30, 2002, and the results of its operations and
cash flows for the nine and three months ended September 30, 2002 and 2001, have
been included. The results of operations of such interim period are not
necessarily indicative of the results of the full year.














                                       7
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

General

         Alec Bradley Cigar Corp. (the "Company") was organized under the laws
of the State of Florida on July 15, 1996. The Company is an importer and
distributor of cigars. The Company primarily sells to two types of customers:

         1. Distributors, including wine and liquor wholesalers; and

         2. Retailers, that includes tobacco shops, convenience stores, bars,
            restaurants and country clubs.

         Management's discussion and analysis contains various forward looking
statements. These statements consist of any statement other than a recitation of
historical fact and can be identified by the use of forward-looking terminology
such as "may," "expect," "anticipate," "estimate" or "continue" or use of
negative or other variations or comparable terminology.

         The Company cautions that these statements are further qualified by
important factors that could cause actual results to differ materially from
those contained in the forward-looking statements, that these forward-looking
statements are necessarily speculative, and there are certain risks and
uncertainties that could cause actual events or results to differ materially
from those referred to in such forward-looking statements.

         The following discussion should be read in conjunction with the
information contained in the financial information and the notes thereto
appearing elsewhere in this report.

Results of Operations

Nine months ending September 30, 2002 Compared to nine months ending September
30, 2001

         Revenues

         Revenues for the nine months ended September 30, 2002 were $1,132,857,
an increase of $498,200, or 78.5%, from $634,657 for the nine-month period ended
September 30, 2001. This was attributable to the continuing success of cigars
lines introduced during 2002 (Trilogy and Criollo), 2001 (Havana Sun Grown
Cigars) and late 2000 (Occidental Cigars). The increase in sales was the result
of the number of cigars sold, not as a result of increased sales price.

         The Company's gross profit increased for the nine months ended
September 30, 2002 as compared to the nine months ended September 30, 2001 to
$451,879 from $249,311, an increase of $202,568, or approximately 81%. The
increase in gross profit dollars was directly attributable to the increase in
sales.

         Selling Expenses

         Selling expenses for the nine-month period ended September 30, 2002
were $111,834, an increase of $86,883, or approximately 348%, from $24,951 in
the nine months ended September 30, 2001. Selling expenses include all

                                       8
<PAGE>
compensation and related benefits for the sales personnel and advertising and
promotional costs. This increase was attributable to the increase in sales
commissions paid to outside salespersons, increases in freight out and increased
trade show expenses. The Company also increased the number of commission
salespeople on staff. Selling expenses represented approximately 10% of revenues
in the nine-month period ended September 30, 2002, compared to approximately 4%
in the nine months ended September 30, 2001.

         General and administrative expenses

         General and administrative expenses for 2002 were $284,098, an increase
of $90,930, or approximately 47%, from $193,168 in 2001. General and
administrative expenses primarily include salaries, supplies, and general
operating expenses. The increase in general and administrative expenses is
primarily attributable to an increase in professional fees ($33,000) payroll
($25,000) and insurance and other office expenses ($32,000). General and
administrative expenses represented approximately 25% of revenues in 2002,
compared to 30.4% in 2001.

Three Months ending September 30, 2002 Compared to Three Months ending September
30, 2001

         Revenues

         Revenues for the three months ended September 30, 2002 were $559,755,
an increase of $296,874, or approximately 113% from $262,881 for the three
months ended September 30, 2001. This was attributable to the continuing success
of cigars lines introduced during 2002 (Trilogy and Criollo), 2001 (Havana Sun
Grown Cigars) and late 2000 (Occidental Cigars). The increase in sales was the
result of the number of cigars sold, not as a result of increased sales price.
The Company's gross profit increased for the three months ended September 30,
2002 as compared to the three months ended September 30, 2001 from approximately
$96,800 to approximately $221,200, an increase of $124,400, or 128.5%. Gross
profit, as a percentage of sales were 39.5% and 36.8% respectively for the
three-month periods ending September 30, 2002 and 2001. The increase in gross
profit dollars was directly attributable to the increase in sales (cigars sold).

         Selling Expenses

         Selling expenses for the three months ended September 30, 2002 were
approximately $61,000, an increase of $47,400, or 349.0%, from approximately
$13,600 for the three months ended September 30, 2001. Selling expenses include
all compensation and related benefits for the sales personnel and advertising
and promotional costs. Selling expenses represented 10.9% of revenues for the
three months ended September 30, 2002, as compared to 5.2% for the three months
ended September 30, 2001. The increase was primarily attributable to the
increase in the number of commissioned salespersons, increase in sales
commissions paid to outside salespersons and increased trade show expenses.

         General and administrative expenses

         General and administrative expenses for the three months ended
September 30, 2002 were $105,129, an increase of $40,397, or approximately
62.4%, from $64,732 for the three months ended September 30, 2001. General and
administrative expenses primarily include salaries, supplies, and general
operating expenses. The increase in general and administrative expenses is
primarily attributable to the increases in professional fees of $24,000 and
payroll of $22,000. General and administrative expenses represented 18.8% of
revenues for the three months ended September 30, 2002, compared to 24.6% for
the three months ended September 30, 2001.


                                       9
<PAGE>
Liquidity and Capital Resources

         As of September 30, 2002 the Company had cash of $93,931. For the nine
months ended September 30, 2002, cash was generated by the Company through net
income from operations of $42,287.

         As of September 30 2002, the Company's accounts receivable was
$131,096, an increase of $79,603 from $51,493 as of December 31, 2001. The
increase in accounts receivable is directly related to the Company's increase in
sales. Accounts payable as of September 30, 2002 was $209,620, an increase of
$111,207 from $98,413 as of December 31, 2001. The increase in accounts payable
is also directly related to the Company's increase in sales.

         As of September 30, 2002, the Company had an accumulated deficit of
$339,229. As of September 30, 2002, the Company's working capital was $129,116.

         The Company has negotiated with its major suppliers to obtain extended
credit terms for new products being developed through these suppliers. In
addition, the Company has established a line of credit with a local bank to
provide for additional cash flow needs.

         Management believes that the cash generated from the Company's
operations and new credit terms and credit facilities will be adequate to
support its short-term cash requirements for capital expenditures and
maintenance of working capital over the next 12 months.

ITEM 3.  CONTROLS AND PROCEDURES

Evaluation of disclosure controls and procedures
------------------------------------------------

Within the 90 days prior to the filing date of this report, the Company carried
out an evaluation of the effectiveness of the design and operation of its
disclosure controls and procedures pursuant to Exchange Act Rule 13a-14. This
evaluation was done under the supervision and with the participation of the
Company's Principal Executive Officer and Principal Financial Officer. Based
upon that evaluation, they concluded that the Company's disclosure controls and
procedures are effective in gathering, analyzing and disclosing information
needed to satisfy the Company's disclosure obligations under the Exchange Act.

Changes in internal controls
----------------------------

There were no significant changes in the Company's internal controls or in other
factors that could significantly affect those controls since the most recent
evaluation of such controls.



                                       10
<PAGE>
Part II: Other Information

ITEM 1:  Legal Proceedings

         None

ITEM 2:  Changes in Securities and Use of Proceeds

         None.

ITEM 3:  Defaults upon Senior Securities

         None

ITEM 4:  Submission of Matters to a vote of Securities Holders

         None

ITEM 5:  Other Information

         None

ITEM 6:  Exhibits and Reports on Form 8-K

         (a) Exhibits required by Item 601 of Regulation S-B

         99.1 Certification of Executive Officer

         (b) Reports on Form 8-K

         None.



















                                       11
<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 as a duly authorized officer as the chief financial officer of the
Registrant.


                                                ALEC BRADLEY CIGAR CORPORATION

                                                By: /s/Alan Rubin
                                                    --------------------------
                                                    Alan Rubin, President


DATED:   December 17, 2002








































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