PREMIUM CIGARS INTERNATIONAL LTD
8-K, 1997-11-06
TOBACCO PRODUCTS
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                                    FORM 8-K

                       Securities and Exchange Commission

                             Washington, D.C. 20549


                                 CURRENT REPORT

                        Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported) October 23, 1997


                       PREMIUM CIGARS INTERNATIONAL, LTD.
             (Exact name of registrant as specified in its charter)


Arizona                               0-29414                      86-0846405
- --------------------------------------------------------------------------------
(State or other                   (Commission File               (IRS Employer
Jurisdiction of                       Number)                     Identification
Incorporation                                                         Number)


               15651 North 83rd Way, Suite 3, Scottsdale, Arizona       85260
- --------------------------------------------------------------------------------
                    (Address of Principal Executive Offices)          (Zip Code)


       Registrant's Telephone Number, including area code: (602) 922-8887
<PAGE>
Item 8. Change in Fiscal Year

         On  October  23,  1997,  the  Board  of  Directors  of  Premium  Cigars
International,  Ltd. (the "Company")  voted to change the Company's  fiscal year
end from March 31 to December  31.  Accordingly,  the Company  plans to file its
annual report on Form 10-KSB for its fiscal year ending December 31, 1997.


                                   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 hereunto duly authorized.

DATED this 5th day of November, 1997         PREMIUM CIGARS INTERNATIONAL, LTD.



                                             By: /s/ Steven A. Lambrecht
                                                 -------------------------------
                                                  Steven A. Lambrecht, President


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