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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GtoibMNNPOqoWZiLUjCkXRJOQMk3qZ4Qd7Jpc/iSfiX/vhf1iI7MwSwG3o3VMfgv
 Dj9OJzPeGb7LML3LtcazgQ==

<SEC-DOCUMENT>0001181431-03-033981.txt : 20031203
<SEC-HEADER>0001181431-03-033981.hdr.sgml : 20031203
<ACCEPTANCE-DATETIME>20031203170440
ACCESSION NUMBER:		0001181431-03-033981
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031201
FILED AS OF DATE:		20031203

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DRUGMAX INC
		CENTRAL INDEX KEY:			0000921878
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122]
		IRS NUMBER:				341755390
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		12505 STARKEY RD
		STREET 2:		SUITE A
		CITY:			LARGO
		STATE:			FL
		ZIP:			33773
		BUSINESS PHONE:		7275330431

	MAIL ADDRESS:	
		STREET 1:		6950 BRYAN DAIRY ROAD
		CITY:			LARGO
		STATE:			FL
		ZIP:			33777

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DRUGMAX COM INC
		DATE OF NAME CHANGE:	20000208

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NUTRICEUTICALS COM CORP
		DATE OF NAME CHANGE:	19990629

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NUMED SURGICAL INC
		DATE OF NAME CHANGE:	19940419

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SMW CAPITAL GROUP LTD PARTNERSHIP
		CENTRAL INDEX KEY:			0001268654

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15445
		FILM NUMBER:		031035765

	BUSINESS ADDRESS:	
		STREET 1:		855 DUNBAR AVE
		CITY:			OLDSMAR
		STATE:			FL
		ZIP:			34677
		BUSINESS PHONE:		7275488345

	MAIL ADDRESS:	
		STREET 1:		855 DUNBAR AVE
		CITY:			OLDSMAR
		STATE:			FL
		ZIP:			34677
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>rrd24547.xml
<DESCRIPTION>FORM 4A
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4/A</documentType><periodOfReport>2003-12-01</periodOfReport><dateOfOriginalSubmission>2003-12-03</dateOfOriginalSubmission><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000921878</issuerCik>
        <issuerName>DRUGMAX INC</issuerName>
        <issuerTradingSymbol>dmax</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001268654</rptOwnerCik>
            <rptOwnerName>SMW CAPITAL GROUP LTD PARTNERSHIP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>25400 US HIGHWAY 19 N</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 137</rptOwnerStreet2>
            <rptOwnerCity>CLEARWATER</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33763</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common stock</value></securityTitle><transactionDate><value>2003-12-02</value></transactionDate><deemedExecutionDate><value>2003-12-02</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>20000</value></transactionShares><transactionPricePerShare><value>2.15</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>831638</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwne
rship></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common stock</value></securityTitle><transactionDate><value>2003-12-01</value></transactionDate><deemedExecutionDate><value>2003-12-01</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>20000</value></transactionShares><transactionPricePerShare><value>2.03</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>811638</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><ownerSignature><signatureName>Stephen M. Watters</si
gnatureName><signatureDate>2003-12-03</signatureDate></ownerSignature></ownershipDocument>



</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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