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):September 9, 2002

                             HOT PRODUCTS, INC.COM
             _____________________________________________________
             (Exact name of registrant as specified in its charter)


Arizona                             000-27382                    86-0737579
________________________________________________________________________________
(State of other Jurisdiction     (Commission File              (IRS Employer
Incorporation)                      Number)               Identification Number)



7625 E. Redfield Road, Suite 200, Scottsdale, Arizona           85260
________________________________________________________________________________

(address of principal Executive Offices)                      (Zip Code)

Item 2 -  Acquisition or disposition of assets

Hot Products  Inc.Com is in default of a loan agreement from Central Avenue Fund
LLC, (CAF) a second creditor of the company.  CAF has perfected their control of
the company's assets under the terms of its loan agreement with the company. CAF
will make a reasonable sale of the assets, and the CEO of Hot Products, Inc. has
offered to assist CAF in this objective.  The possibility that the company could
recover a surplus may exist.

Item 4 - Change in registrant's certifying accounts

Current  liabilities  of the company total  approximately  $1.5 million with the
company's  booked assets  representing  approximately  $250,000.  The company is
without operating capital and can no longer maintain operations,  and is without
funds to file bankruptcy.  The company's  accountants,  Epstein, Weber & Conover
PLC have notified the company they are  resigning.

ITem 6 - Resignations of registrant's directors

The Director of Finance has resigned and the  Secretary has resigned as a member
of the  Board  and as an  Officer  of the  company.  The CEO  plans  to do same,
however,  wants to make an effort to ensure  that the  closure of the company is
handled in an appropriate and professional manner.


     Pursuant to the  requirements  of the  Securities  Exchange Act of 1934m as
amended,  the  registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.

September 9, 2002                                        Hot Products Inc.com
                                                       By /s/ James L. Copland
                                                       _________________________
                                                              James L. Copland
                                                              President and CEO