SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)


             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)

                                (Amendment No. 1)


                        Main Street and Main Incorporated
--------------------------------------------------------------------------------
                                (Name of Issuer)


                         Common Stock, $0.001 par value
--------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    560345308
--------------------------------------------------------------------------------
                                 (CUSIP Number)


                                December 31, 2003
--------------------------------------------------------------------------------
            (Date of Event Which Requires Filing of this Statement)


     Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

          [_] Rule 13d-1(b)

          [X] Rule 13d-1(c)

          [_] Rule 13d-1(d)


----------
     The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).





CUSIP No.  560345308
            ---------------------


1. NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     Dane Andreeff

2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a) [_]
                                                                 (b) [X]

3. SEC USE ONLY


4. CITIZENSHIP OR PLACE OF ORGANIZATION

     United States of America

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5. SOLE VOTING POWER

     0

6. SHARED VOTING POWER

     0

7. SOLE DISPOSITIVE POWER

     0

8. SHARED DISPOSITIVE POWER

     0

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     0

10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          [_]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     0%

12. TYPE OF REPORTING PERSON*

     IN

--------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No.  560345308
            ---------------------


1. NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     Andreeff Equity Advisors, L.L.C.

2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a) [_]
                                                                 (b) [X]

3. SEC USE ONLY

4. CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5. SOLE VOTING POWER

     0

6. SHARED VOTING POWER

     0

7. SOLE DISPOSITIVE POWER

     0

8. SHARED DISPOSITIVE POWER

     0

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     0

10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          [_]

11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     0%

12. TYPE OF REPORTING PERSON*

     OO

--------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No.  560345308
            ---------------------


Item 1(a).  Name of Issuer:


            Main Street and Main Incorporated
            --------------------------------------------------------------------

Item 1(b).  Address of Issuer's Principal Executive Offices:


            5050 N. 40th Street
            Suite 200
            Phoenix, Arizona 85018
            --------------------------------------------------------------------

Item 2(a).  Name of Persons Filing:

            Dane Andreeff
            Andreeff Equity Advisors, L.L.C.
            --------------------------------------------------------------------

Item 2(b).  Address of Principal Business Office, or if None, Residence:


            450 Laurel Street
            Suite 2105
            Baton Rouge, Louisiana 70801

            --------------------------------------------------------------------

Item 2(c).  Citizenship:


            Dane Andreeff -- United States of America
            Andreeff Equity Advisors, L.L.C. -- Delaware
            --------------------------------------------------------------------

Item 2(d).  Title of Class of Securities:


            Common Stock, $0.001 par value
            --------------------------------------------------------------------

Item 2(e).  CUSIP Number:

            560345308
            --------------------------------------------------------------------

Item 3.     If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
            or (c), Check Whether the Person Filing is a:

     (a)       [_] Broker or dealer registered under Section 15 of the Exchange
                   Act.

     (b)       [_] Bank as defined in Section 3(a)(6) of the Exchange Act.

     (c)       [_] Insurance company as defined in Section 3(a)(19) of the
                   Exchange Act.

     (d)       [_] Investment company registered under Section 8 of the
                   Investment Company Act.

     (e)       [_] An investment adviser in accordance with Rule
                   13d-1(b)(1)(ii)(E);

     (f)       [_] An employee benefit plan or endowment fund in accordance with
                   Rule 13d-1(b)(1)(ii)(F);

     (g)       [_] A parent holding company or control person in accordance with
                   Rule 13d-1(b)(1)(ii)(G);

     (h)       [_] A savings association as defined in Section 3(b) of the
                   Federal Deposit Insurance Act;

     (i)       [_] A church plan that is excluded from the definition of an
                   investment company under Section 3(c)(14) of the Investment
                   Company Act;

     (j)       [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4.  Ownership.

     Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

     (a) Amount beneficially owned:

            Dane Andreeff -- 0
            Andreeff Equity Advisors, L.L.C. -- 0
          ----------------------------------------------------------------------

     (b) Percent of class:

            Dane Andreeff -- 0%
            Andreeff Equity Advisors, L.L.C. -- 0%
          ----------------------------------------------------------------------

     (c) Number of shares as to which such person has:

          Dane Andreeff

          (i)   Sole power to vote or to direct the vote            0
                                                        -----------------------,


          (ii)  Shared power to vote or to direct the vote          0
                                                          ---------------------,


          (iii) Sole power to dispose or to direct the              0
                disposition of                            ---------------------,


          (iv)  Shared power to dispose or to direct the            0
                disposition of                            ---------------------.


          Andreeff Equity Advisors, L.L.C.

          (i)   Sole power to vote or to direct the vote            0
                                                        -----------------------,


          (ii)  Shared power to vote or to direct the vote          0
                                                          ---------------------,


          (iii) Sole power to dispose or to direct the              0
                disposition of                            ---------------------,


          (iv)  Shared power to dispose or to direct the            0
                disposition of                            ---------------------.


Item 5.  Ownership of Five Percent or Less of a Class.

     If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities check the following [X].

         -----------------------------------------------------------------------

Item 6.  Ownership of More Than Five Percent on Behalf of Another Person.

     If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.

           N/A
         -----------------------------------------------------------------------

Item     7. Identification and Classification of the Subsidiary Which Acquired
            the Security Being Reported on by the Parent Holding Company or
            Control Person.

     If a parent holding company or Control person has filed this schedule,
pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an
exhibit stating the identity and the Item 3 classification of the relevant
subsidiary. If a parent holding company or control person has filed this
schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating
the identification of the relevant subsidiary.

           N/A
         -----------------------------------------------------------------------

Item 8.  Identification  and  Classification  of Members of the Group.

     If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J),
so indicate under Item 3(j) and attach an exhibit stating the identity and Item
3 classification of each member of the group. If a group has filed this schedule
pursuant to ss.240.13d-1(c) or ss.240.13d-1(d), attach an exhibit stating the
identity of each member of the group.

            N/A
         -----------------------------------------------------------------------

Item 9.  Notice of Dissolution of Group.

     Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity. See Item 5.

             N/A
          ----------------------------------------------------------------------

Item 10.  Certifications.

          By signing below I certify that, to the best of my knowledge and
          belief, the securities referred to above were not acquired and are not
          held for the purpose of or with the effect of changing or influencing
          the control of the issuer of the securities and were not acquired and
          are not held in connection with or as a participant in any transaction
          having such purpose or effect.


                                    SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


                                                February 13, 2004
                                        ----------------------------------------
                                                        (Date)


                                                /s/ Dane Andreeff
                                                -----------------------
                                                    Dane Andreeff


                                               Andreeff Equity Advisors, L.L.C.

                                                By: /s/ Dane Andreeff
                                                --------------------------
                                                Name: Dane Andreeff
                                                Title: Managing Member



Note. Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).





                                    EXHIBIT A

            In accordance with Rule 13d-1(k) promulgated under the Securities
Exchange Act of 1934, as amended, each of the undersigned does hereby consent
and agree to the joint filing on behalf of each of them of a statement on
Schedule 13G and all amendments thereto with respect to the Common Stock, $0.001
par value of Main Street and Main Incorporated beneficially owned by each of
them, and the inclusion of this Joint Filing Agreement as an exhibit thereto.

Dated: February 13, 2004


                                /s/ Dane Andreeff
                              -----------------------------
                                  Dane Andreeff


                              Andreeff Equity Advisors, L.L.C.

                              By: /s/ Dane Andreeff
                              -----------------------------
                              Name: Dane Andreeff
                              Title: Managing Member











03993.0001 #463299