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

                               AMENDMENT NO. 1 TO
                                   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 JUNE 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 August 1, 2002, there were 4,899,777 shares of Common Stock, par value
$.0001 per share, outstanding.



<PAGE>
                            ALEC BRADLEY CIGAR CORP.




                                    I N D E X



Part I.       Financial Information.


Item 1.       Financial Statements (Unaudited).


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


Part II.      Other Information.







































                                       2

<PAGE>
PART  I: FINANCIAL  INFORMATION

ITEM. 1. FINANCIAL STATEMENTS (UNAUDITED)


                         ALEC BRADLEY CIGAR CORPORATION
                                  BALANCE SHEET
<TABLE>
<CAPTION>
                                                         June 30     December 31
                                                           2002         2001
                                                        ----------  -------------
<S>                                                        <C>         <C>
ASSETS                                                 (unaudited)

Current Assets:
  Cash and cash equivalents                             $  13,888   $     38,508
  Accounts receivable                                      78,623         51,493
  Inventory                                                60,332         76,988
  Prepaid expenses                                         23,882          4,399
                                                        ---------   ------------

    Total Current Assets                                  176,725        171,388
                                                        ---------   ------------

Furniture and Equipment - Net                               8,699          8,205

Trademarks and Other Assets                                 4,827          5,252
                                                        ---------   ------------

  TOTAL ASSETS                                          $ 190,251   $    184,845
                                                        =========   ============



LIABILITIES AND SHAREHOLDER'S EQUITY

Current Liabilities
Accounts payable                                        $  89,423         98,413
Payroll taxes payable                                       1,953          7,903
Accrued Federal Income Tax                                  5,000
Directors' loans and advances                                   -
                                                        ---------   ------------

  Total Current Liabilities                                96,376        106,316
                                                        ---------   ------------

Equity

Common Stock (4,899,777 and 4,484,777 shares
  issued and outstanding on June 30, 2002
  unaudited and December 31, 2001, respectively)              490            448
Additional Paid in Capital                                479,055        459,597
Accumulated Deficit                                      (385,670)      (381,516)
                                                        ---------   ------------

  Total Equity                                             93,875         78,529
                                                        ---------   ------------

TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY              $ 190,251   $    184,845
                                                        =========   ============
</TABLE>

                       See notes to financial statements.


                                       3
<PAGE>
                         ALEC BRADLEY CIGAR CORPORATION
                            STATEMENTS OF OPERATIONS

<TABLE>
<CAPTION>
                                             Three Months Ended        Six Months Ended
                                                    June 30,               June 30,
                                             ---------------------  ----------------------
                                               2002        2001        2002        2001
                                            ----------  ----------  ----------  ----------
<S>                                             <C>         <C>         <C>         <C>
Sales                                       $  336,826  $  205,316  $  573,102  $  371,776

Cost of Sales                                  199,720     122,913     342,447     219,226
                                            ----------  ----------  ----------  ----------

Gross Profit                                   137,106      82,403     230,655     152,550

Operating Expenses
  General and Administrative                   113,298      60,800     178,969     128,436
  Selling                                       36,911       6,382      50,840      11,332
                                            ----------  ----------  ----------  ----------

                                               150,209      67,182     229,809     139,768
                                            ----------  ----------  ----------  ----------

Income (loss) from Operations Before
  Income Taxes                                 (13,103)     15,221         846      12,782

Provision for Income Taxes                       3,000          --       5,000          --
                                            ----------  ----------  ----------  ----------

Net Income (loss)                              (16,103)     15,221      (4,154)     12,782

Basic Earnings (loss) Per Share             $     0.00  $     0.00  $     0.00  $     0.00
                                            ==========  ==========  ==========  ==========

Shares used in the calculation of basic
  earnings per share                         4,598,788   4,484,777   4,542,097   4,484,777
                                            ==========  ==========  ==========  ==========
</TABLE>




                       See notes to financial statements.

                                       4

<PAGE>
                         ALEC BRADLEY CIGAR CORPORATION
                        Statement of Stockholders' Equity


<TABLE>
<CAPTION>
                                                        Additional               Total
                                   Number      Common     Paid-in   Retained  Stockholders'
                                  of Shares     Stock     Capital    Deficit     Equity
                                  ----------  ----------  --------  ----------  --------
<S>                              <C>          <C>         <C>       <C>          <C>

Balance at December 31, 1999      4,484,777   $     448   $359,597  $(228,184)   131,861

Services contributed                     --          --    100,000          0    100,000

Net Loss                                 --          --         --   (177,401)  (177,401)
                                  ---------   ---------  ---------  ---------   --------

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 Shares in exchange
  for services                      415,000          42     19,448         --     19,500

Net Loss                                                               (4,154)    (4,154)
                                  ---------   ---------  ---------  ---------   --------


Balance at June 30, 2002          4,899,777   $     490   $479,055  $(385,670)    93,875
                                  =========   =========  =========  =========    =======

</TABLE>



                       See notes to financial statements.


                                       5
<PAGE>
                         ALEC BRADLEY CIGAR CORPORATION
                             STATEMENT OF CASH FLOWS
                      FOR THE SIX MONTHS ENDED JUNE 30,2002
<TABLE>
<CAPTION>

                                                           2002          2001
                                                         ---------    ---------
<S>                                                       <C>         <C>
Cash Flows From Operating Activities

  Net (loss) Income                                      $ (4,154)     $ 12,782

  Adjustments to reconcile net income to net
     cash provided by operating activities:
    Depreciation and amortization                           3,900         3,900

    Issuance of common stock for services                  19,500            --

  Changes in current assets and liabilities:
    Accounts receivable                                   (27,130)      (51,550)
    Inventory                                              16,656         4,784
    Prepaid expenses and other                            (19,808)       (7,449)
    Accounts payable                                       (8,990)       17,061
    Taxes payable                                            (950)           --
    Directors' loans and advances                              --         3,957
                                                         --------      --------

Net Cash Used in Operating Activities                     (20,976)      (16,515)
                                                         --------      --------

Cash Flows From Investing Activities
  Cash payments for the purchase of property               (3,644)       (1,499)
                                                         --------      --------

Net Cash Flows From Investing Activities                   (3,644)       (1,499)

Net Decrease in Cash and Cash Equivalents                 (24,620)      (18,014)

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

Cash and Cash Equivalents - Ending of Period             $ 13,888      $ 27,548
                                                         ========      ========

</TABLE>


                       See notes to financial statements.

                                       6


<PAGE>
            Notes to 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 for the three
months ended June 30, 2002 and 2001 are based on the weighted average number of
shares outstanding of 4,598,788 and 4,484,777, respectively. Basic earnings per
common share for the six months ended June 30, 2002 and 2001 are based on the
weighted average number of shares outstanding of 4,542,097 and 4,484,777,
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 June 30, 2002, and the results of its operations and cash
flows for the six and three months ended June 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.

The accompanying interim unaudited financial information for the three and six
month periods ended June 30, 2002, has been restated to reflect the issuance of
415,000 shares of the Company's common stock in exchange for services provided
to the Company by certain employees and consultants. These shares were valued by
the Company's management at $19,500.


                                       7


<PAGE>
                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

Six Months Ended June 30, 2002 Compared to Six Months Ended June 30, 2001

         Revenues

         Revenues for the six months ended June 30, 2002 were approximately
$573,100, an increase of approximately $201,300, or 54.0%, from approximately
$371,800 for the six-month period ended June 30, 2001. This was attributable to
the continuing success of cigars lines introduced during 2001 (Havana Sun Grown
Cigars) and late 2000 (Occidental Cigars). The Company's gross profit increased
for 2002 as compared to 2001 to approximately $230,700 from approximately
$152,600, an increase of approximately $78,100, or 51%. The increase in gross
profit dollars was directly attributable to the increase in sales.

         Selling Expenses

         Selling expenses for the six month period ended June 30, 2002 were
approximately $50,800, an increase of approximately $39,500, or 349.6%, from
approximately $11,300 in the six months ended June 30, 2000. Selling expenses
include all 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 and increased trade
show expenses. Selling expenses represented 8.9% of revenues in the six month
period ended June 30, 2002, compared to 3.0% in six months ended June 30, 2001.

                                       8

<PAGE>
                            ALEC BRADLEY CIGAR CORP.
                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
            FINANCIAL CONDITION AND RESULTS OF OPERATIONS (CONTINUED)


         General and administrative expenses

         General and administrative expenses for the six month period ended June
30, 2002 were approximately $179,000, an increase of approximately $50,600, or
39.4%, from approximately $128,400 for the six month period ended June 30, 2001.
General and administrative expenses primarily include salaries, supplies, and
general operating expenses. The increase in general and administrative expenses
is attributable to an increase in professional fees ($13,000) payroll ($6,000)
and insurance and other office expenses ($9,000). General and administrative
expenses represented 31.2% of revenues for the six month period ended June 30,
2002, as compared to 34.5% for the six month period ended June 30, 2001.

Three Months Ended June 30, 2002 Compared to Three Months Ended June 30, 2001

         Revenues

         Revenues for the three months ended June 30, 2002 were approximately
$336,800, an increase of approximately $131,500, or 64.1% from approximately
$205,300 for the three months ended June 30, 2001. This was attributable to the
continuing success of cigars lines introduced during 2001 (Havana Sun Grown
Cigars) and late 2000 (Occidental Cigars). The Company's gross profit increased
for the three months ended June 30, 2002 as compared to the three months ended
June 30, 2001 from approximately $82,400 to approximately $137,100, an increase
of approximately $54,700, or 66.4%. Gross profit, as a percentage of sales were
40.7% and 40.1% respectively for the three-month periods ending June 30, 2002
and 2001. The increase in gross profit dollars was directly attributable to the
increase in sales.

         Selling Expenses

         Selling expenses for the three months ended June 30, 2002 were
approximately $36,900, an increase of approximately $30,500, or 476.6%, from
approximately $6,400 for the three months ended June 30, 2001. Selling expenses
include all compensation and related benefits for the sales personnel and
advertising and promotional costs. Selling expenses represented 11.0% of
revenues for the three months ended June 30, 2002, as compared to 3.1% for the
three months ended June 30, 2001. The increase was primarily attributable to the
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 June 30,
2002 were approximately $113,100, an increase of approximately $52,300, or
86.0%, from approximately $60,800 for the three months ended June 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 approximately
$24,000 and payroll of approximately $6,000. General and administrative expenses
represented 33.6% of revenues for the three months ended June 30, 2002, compared
to 40.6% for the three months ended June 30, 2001.

                                       9

<PAGE>
                            ALEC BRADLEY CIGAR CORP.
                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
            FINANCIAL CONDITION AND RESULTS OF OPERATIONS (CONTINUED)


Liquidity and Capital Resources

         The Company's cash balance as of June 30, 2002 decreased by $24,620
from $38,508 as of December 31, 2001 to $13,888. For the six months ended June
30, 2002, cash was utilized by the Company to finance inventory and prepaid
supplies. As of June 30, 2002, the Company had an accumulated deficit of
$385,670.

         As of June 30 2002, the Company's accounts receivable was $78,623. As
of June 30, 2002, the Company's working capital was $80,348.

         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 facility(s) will be adequate to
support its short-term cash requirements for capital expenditures and
maintenance of working capital.

Part II: Other Information

ITEM 1:  Legal Proceedings

         None

ITEM 2:  Changes in Securities and Use of Proceeds

         In June 2002 the Company issued an aggregate of 415,000 shares of its
common stock to an aggregate of 7 employees, consultants and other service
providers as payment for services performed. The shares were issued pursuant to
the exemption from registration provided by section 4(2) of the Securities Act.
The shares issued contain a legend restricting their transferability without
registration or an applicable exemption. The shareholders had access to
information concerning the Company and had the opportunity to ask questions to
the Company.

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.

                                       10
<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 2, 2002





































                                       11