SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

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

       Date of Report (Date of earliest event reported): November 26, 2002

                                 FIBERCORE, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

          Nevada                      000-21823                  87-0445729
     (STATE OR OTHER           (COMMISSION FILE NUMBER)       (I.R.S. EMPLOYER
JURISDICTION OF INCORPORATION)                               IDENTIFICATION NO.)


           253 Worcester Road, P.O. Box 180                      01507
                     Charlton, MA
       (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)               (ZIP CODE)

       Registrant's telephone number, including area code (508) 248-3900

                                 Not Applicable
         (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)



ITEM 5.     OTHER EVENTS.

            Crescent  International  Ltd.  ("Crescent") has informed  FiberCore,
Inc. (the  "Company")  that  Crescent has no current plans to change  Crescent's
holdings in the Company's common stock. Accordingly, Crescent has decided not to
extend the  existing  equity line  agreement  between  Crescent and the Company,
expiring  December  31,  2002,  which  provided  for the sale of common stock to
Crescent.  Similarly,  Crescent has  informed  the Company that  Crescent has no
current  plans to sell any common  stock in the  Company  held by  Crescent.  At
present, the terms of the equity line agreement  effectively prevent the Company
from selling common stock to Crescent under the agreement prior to expiration.




            Pursuant to the requirements of the Securities Act of 1934, the
Registrant has duly caused this report to be signed on behalf of the Registrant
by the undersigned thereunto duly authorized.

                                FIBERCORE, INC.



                                By: /s/ Robert P. Lobban
                                    --------------------------------------------
                                    Name:  Robert P. Lobban
                                    Title: Chief Financial Officer and Treasurer

Date:  November 26, 2002