SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549
                             -----------------------

                               First Amendment To
                                    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):  May 3, 2001
                                                                 ---------------



                              CONDOR CAPITAL, INC.
                        --------------------------------
             (Exact name of registrant as specified in its charter)


            Nevada                  033-20848-D                   91-2301401
     ----------------------         ---------            ----------------------
   (State of incorporation or       (Commission            (I.R.S. Employer
         organization)              File Number)          Identification Number)


        3753 Howard Hughes Pkwy, Suite 2012, Las Vegas, Nevada,  89109
         --------------------------------------------------------------
         (Address of principal executive offices)            (Zip Code)


      Registrant's  telephone  number,  including  area  code:  (702) 892-3730
                                                                ---------------



ITEM  5.   OTHER EVENTS.
- --------   -------------

In March, 2001, the  Registrant  entered into a Heads Of Agreement to acquire
100% of DSL Communication Ltd., Sing-Hai Communication Technologies Co. Ltd. and
HighTouch  Broadband,  Inc. (the "DSL Group"). On May 3, 2001, the Registrant
publicly disseminated a press release announcing the that it was terminating
negotiations under the Heads Of Agreement.

A copy of the press release is  incorporated  herein by reference and filed as
Exhibit 99.1 hereto.



ITEM  7.   FINANCIAL  STATEMENTS  AND  EXHIBITS.
- -------    -------------------------------------

(c)        Exhibits.

99.1       The  Registrant's  Press  Release  dated  May 3,  2001.


                                   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.


                                   CONDOR CAPITAL, INC.
                                   -------------------
                                  (Registrant)


Date:  May 25,  2001              /S/ Les Hammond
                                   --------------------
                                   Les Hammond
                                   CFO


[Exhibit  99.1  -  Press  Release]


                Condor Announces Termination of DSL Agreement and
                  Cessation of Participation in Konnect Corp.


     LAS VEGAS,  Nevada,  May 2, 2001 - Condor  Capital,  Inc.  (the  "Company")
(OTCBB "CNOP") wishes to announce that it has terminated  negotiations under the
Heads  Of  Agreement  is  pleased  to  announce  that it has  signed  a Heads Of
Agreement to to acquire 100% of DSL Communication Ltd.,  Sing-Hai  Communication
Technologies Co. Ltd. and HighTouch Broadband,  Inc. (the "DSL Group"), and that
the transaction will not be proceeding.

     The Company also wishes to announce that it has decided to discontinue  its
involvement  with Konnect Corp.  The Company is currently  assessing its options
with respect to its Joint Venture Agreement with Tech-Catalyst Ventures, Inc. in
relation to Konnect Corp.

For further information, please contact Corporate Relations at:

         Condor Capital, Inc.
         Corporate Relations
         (604) 974 - 0225

Statements about the Company's future  expectations,  including future revenues,
earnings and transactions,  as well as all other statements in this news release
other than historical facts are "forward-looking  statements" within the meaning
of the Private  Securities  Litigation  Reform Act of 1995. The Company  intends
that such  forward-looking  statements  be subject to the safe  harbors  created
thereby.  Since these statements involve risks and uncertainties and are subject
to  change  at any time,  the  Company's  actual  results  and  other  corporate
developments  could differ  materially  from that which has been  anticipated in
such statements.