Trim and clean Brussel Sprouts, add to medium-sized pot with chicken broth, hot red pepper flakes, honey, salt, and pepper. Bring to boil then cook for ten minutes. Drain, and rinse with cold water to cool.
Wrap each Brussel Sprout in bacon, secure with toothpick. Place on a baking sheet. Bake in a preheated 450-degree oven for 40 minutes or until bacon is golden brown. To grill, place on top rack of preheated grill to cook, and turn halfway through cooking time. Cool, then serve immediately.
Serve immediately, or store in an airtight container for up to a week.