SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549
                                      ____
                           --------------------------

                                   FORM 10-QSB


              [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                          OF THE SECURITIES ACT OF 1934

                For the quarterly period ended September 30, 2003

                                       OR

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                                 ACT OF 1934


                         Commission file number 0-33067

                                    DIGICORP
             Incorporated pursuant to the Laws of the State of Utah



        Internal Revenue Service - Employer Identification No. 87-0398271

                     1206 West South Jordan Parkway, Unit B
                            South Jordan, Utah 84095



Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports)  and  (2)  has  been  subject  to such  filing
requirements for the past 90 days.
Yes __X_            No ___


The total number of shares of the  registrant's  Common Stock,  $.001 par value,
outstanding on September 30, 2003, was 9,742,857.




<PAGE>


                          Part I. FINANCIAL INFORMATION

Item 1.  Financial  Statements  for First  Fiscal  Quarter  2004  Period  Ending
September 30, 2003.
                                    DIGICORP
                          (A Development Stage Company)
                                 BALANCE SHEETS
                                   (Unaudited)
<TABLE>
<CAPTION>


Assets                                                                         Sept. 30, 2003
<S>                                                                      <C>
                                                                          ------------------

Current Assets
     Cash                                                                  $            2,215
                                                                           ------------------
         Total current assests                                                          2,215
                                                                           ------------------


Liabilities and Shareholders' Equity
Current liabilities                                                        $              -0-
                                                                           ------------------
Commitments and contingencies

Shareholders' equity:
      Common stock, par value $0.001 per share;
      50,000,000 shares authorized; 9,742,857,
      shares issued and outstanding                                                     9,743
     Additional paid-in capital                                                       523,338
     Stock subscription receivable                                                     (3,000)
     Accumulated deficit                                                             (527,866)
                                                                           -------------------
         Total shareholders' equity                                                     2,215
                                                                           ------------------
         Total liabilities and stockholder's equity                        $            2,215
                                                                           ------------------




The accompanying notes are an integral part of these financial statements.

</TABLE>
<PAGE>
<TABLE>
<CAPTION>

                                    DIGICORP
                          (A Development Stage Company)
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)

                                                                      Three Months
                                                                   Ended September 30,              Cumulative
                                                                 2003               2002             Amounts
                                                           ---------------      ---------------      ---------------
<S>                                                      <C>                  <C>                  <C>
Revenues                                                   $           -0-      $           -0-                  -0-
                                                           ----------------     ---------------      ---------------

Expenses
     General and administrative                                      1,550                1,500               16,239
                                                           ---------------      ---------------      ---------------
         Loss from operations                                       (1,550)              (1,500)             (16,239)
                                                           ---------------      ---------------      ---------------

         Net loss before income taxes                               (1,550)              (1,500)             (16,239)

Provision for income taxes                                             -0-                  -0-                  -0-
                                                           ---------------      ---------------      ---------------

Net (loss)                                                 $        (1,550)              (1,500)             (16,239)
                                                           ---------------      ---------------      ---------------

Loss per common share - basic and diluted                  $          (.00)     $          (.00)

Weighted average common shares -
     basic and diluted                                           9,085,000            9,043,000
                                                           ---------------      ---------------      ---------------


</TABLE>


The accompanying notes are an integral part of these financial statements.

<PAGE>

<TABLE>
<CAPTION>


                                    DIGICORP
                          (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)


                                                                      For the Three Months
                                                                       Ended September 30,             Cumulative
                                                                 2003                 2002              Amounts
                                                           ---------------      ---------------      ---------------
<S>                                                      <C>                  <C>                  <C>
Cash flows from operating activities
     Net (loss)                                            $        (1,550)     $        (1,500)             (16,239)

     Adjustments to reconcile net (loss) to net
     cash used in operating activities:
         Stock issued for services                                     -0-                  -0-                5,000
         Decrease in related party payable                            (235)                                      -0-

Net cash used in operating activities                               (1,785)              (1,500)             (11,239)
                                                           ---------------      ---------------      ---------------

Cash flows from investing activities:                                  -0-                  -0-                  -0-
-------------------------------------                      ---------------      ---------------      ---------------

Cash flows from financing activities:
     Proceeds from issuance of common stock                          4,000                  -0-               13,000
                                                           ---------------      ---------------      ---------------
     Net cash provided by financing activities                       4,000                  -0-               13,000
                                                           ---------------      ---------------      ---------------


Net increase (decrease) in cash                                      2,215               (1,500)               1,761
Cash, beginning of period                                              -0-                2,082                  454
                                                           ---------------      ---------------      ---------------

Cash, end of period                                                  2,215                  582                2,215
                                                           ---------------      ---------------      ---------------


</TABLE>


The accompanying notes are an integral part of these financial statements.
<PAGE>


                                    DIGICORP
                    NOTES TO (UNAUDITED) FINANCIAL STATEMENTS
                               September 30, 2003


NOTE 1 - BASIS OF PRESENTATION

The financial statements presented in this report have been prepared pursuant to
the rules and regulations of the Securities and Exchange  Commission for interim
reporting and include all  adjustments  which are, in the opinion of management,
necessary  for  fair  presentation.  These  financial  statements  have not been
audited  by  an  independent   accountant.   Certain  information  and  footnote
disclosures  normally  included in financial  statements  prepared in accordance
with generally accepted accounting principles have been omitted pursuant to such
rules and regulations for interim reporting.  These financial statements for the
three-month  periods ended September 30, 2003 are not necessarily  indicative of
the results, which may be expected for an entire fiscal year.

NOTE 2 - EARNINGS (LOSS) PER SHARE

Earnings  (loss) per common share for the three months ended  September 30, 2003
and 2002 have been computed  based on net income (loss)  divided by the weighted
average  number of common shares  outstanding  during the period.  For the three
months ended September 30, 2003 and 2002, the weighted  average number of shares
outstanding totaled 9,085,248 and 9,042,857 respectively.

NOTE 3 - GOING CONCERN

As shown in the accompanying  financial  statements,  the Company incurred a net
loss of $1,550  during the three months ended  September  30, 2003.  The company
presently  has no source of revenues.  Therefore,  the ability of the Company to
continue as a going  concern is dependent on  obtaining  additional  capital and
financing. The financial statements do not include any adjustments that might be
necessary if the Company is unable to continue as a going concern.

<PAGE>


                 Item 2 MANAGEMENT'S DISCUSSION AND ANALYSIS OR
                                PLAN OF OPERATION
                       (Period Ending September 30, 2003)
                            Unaudited Financial Data

The discussion and analysis  contained herein should be read in conjunction with
the  preceding  financial  statements  and  the  information  contained  in  the
Company's 10SB.  Except for the historical  information  contained  herein,  the
matters  discussed in this 10 QSB contain forward looking  statements within the
meaning of Section 27a of the  Securities  Act of 1933, as amended,  and Section
21e of the  Securities  Exchange  Act of 1934,  as  amended,  that are  based on
management's  beliefs and  assumptions,  current  expectations,  estimates,  and
projections.  Statements  that  are  not  historical  facts,  including  without
limitation  statements  which are preceded by,  followed by or include the words
"believes,"  "anticipates,"  "plans,"  "expects,"  "may,"  "should,"  or similar
expressions  are  forward-looking  statements.  Many of the  factors  that  will
determine the company's  future results are beyond the ability of the Company to
control or predict. These statements are subject to risks and uncertainties and,
therefore, actual results may differ materially. All subsequent written and oral
forward-looking statements attributable to the Company, or persons acting on its
behalf,   are  expressed   qualified  in  their  entirety  by  these  cautionary
statements.  The Company disclaims any obligation to update any  forward-looking
statements whether as a result of new information, future events or otherwise.

Important  factors  that may  include,  but are not  limited  to:  the risk of a
significant natural disaster,  the inability of the Company to obtain a suitable
company for a business  combination,  a business combination with a company that
proves  later  on  not  to  have  the  ability  to  effectively  compete  in the
marketplace, as well as general market conditions,  competition and pricing, and
other risks  detailed from time to time in the Company's SEC reports,  copies of
which are available upon request from the Company.

    Plan of Operations-

The Company's plan of operation for the coming year is to identify and acquire a
favorable business  opportunity.  The Company does not plan to limit its options
to any particular  industry,  but will evaluate each  opportunity on its merits.
The  Company  anticipates  that its owners,  affiliates,  and  consultants  will
provide it with sufficient  capital to continue  operations until the end of the
year of 2003, but there can be no assurance that this  expectation will be fully
realized.

The  Company  does not  expect  to  generate  any  meaningful  revenue  or incur
operating  expenses  unless and until it acquires  an  interest in an  operating
company.

<PAGE>




                           PART II. OTHER INFORMATION

Item 1 - Legal Proceedings

         None.

Item 2 - Changes in Securities

During the end of September 2003, the Board of Directors authorized the issuance
of 700,000  restricted  common shares of the Company's  stock at a penny a share
(totaling  $7,000) to pay for expenses  incurred by the Company for the auditing
of its financial statements and to pay for costs associated with maintaining the
Company  compliant  with the State of Utah along with providing the Company with
operating capital for the coming year. Of the 700,000 shares issued 400,000 were
issued to Vernal Western Drilling,  a company that is owned by Don J. Colton and
Gregg B. Colton,  officers and  directors  of the  Company,  150,000  shares was
issued  to Bonnie  Myers and the other  150,000  shares  was  issued to  Whisper
Investment  Company.  The shares were issued to the parties  above on October 8,
2003 for cash.

Item 3 - Defaults Upon Senior Securities

         None.

Item 4 - Submission of Matters to a Vote of Security Holders

         None.

Item 5 - Other Information

During the quarter ending  September 30, 2003, the Company's  common stock began
trading again under the symbol dgco.

<PAGE>


Item 6 - Exhibits and Reports on Form 8-K

(a) Exhibit  Page
    No.      No.              DESCRIPTION

    31       9     Certification of the Chief Executive Officer and
                   Chief Financial Officer pursuant to Rule 13a-14
                   of the Securities and Exchange Act of 1934, as
                   amended, as adopted pursuant to Section 302 of the
                   Sarbanes-Oxley Act of 2002.

    32      10     Certification of the Chief Executive Officer and
                   Chief Financial Officer pursuant to 18 U.S.C.
                   Section 1350 as adopted pursuant to
                   Section 906 of the Sarbanes-Oxley Act of 2002.



(b) The  registrant  did not file any  reports  on Form 8-K  during  the  fiscal
quarter ended September 30, 2002.




                                   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 thereunto duly authorized.


                                                     DigiCorp




Dated:   October 31, 2003                   /s/ Gregg B. Colton
                                            ----------------------
                                                     President







<PAGE>

Exhibit 31


                      CERTIFICATION PURSUANT TO SECTION 302
                        OF THE SARBANES-OXLEY ACT OF 2002

I, Gregg B. Colton,certify that:

1. I have reviewed this annual report on Form 10-QSB of DigiCorp.

2. Based on my  knowledge,  this  quarterly  report  does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not misleading with respect to the period covered by this report.

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included  in this annual  report,  fairly  present in all  material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this annual report.

4. I am responsible for  establishing  and maintaining  disclosure  controls and
procedures  (as  defined  in  Exchange  Act Rules  13a-14  and  15d-14)  for the
registrant and have:

          a) designed  such  disclosure  controls and  procedures to ensure that
     material information relating to the registrant, including its consolidated
     subsidiaries,  is  made  known  to  us by  others  within  those  entities,
     particularly  during  the period in which  this  quarterly  report is being
     prepared;

          b) evaluated the effectiveness of the registrant's disclosure controls
     and procedures as of a date within 90 days prior to the filing date of this
     annual report (the Evaluation Date); and

          c)  presented  in  this  annual  report  our  conclusions   about  the
     effectiveness  of the  disclosure  controls  and  procedures  based  on our
     evaluation as of the Evaluation Date;

5. I have disclosed,  based on the most recent  evaluation,  to the registrant's
auditors and the audit committee of registrant's  board of directors (or persons
performing the equivalent functions):

          a) all significant deficiencies in the design or operation of internal
     controls which could adversely affect the  registrant's  ability to record,
     process,  summarize and report  financial data and have  identified for the
     registrant's auditors any material weaknesses in internal controls; and

          b) any fraud,  whether or not material,  that  involves  management or
     other employees who have a significant  role in the  registrant's  internal
     controls.

6. I have indicated in this annual report whether or not there were  significant
changes in internal controls or in other factors that could significantly affect
internal  controls  subsequent  to the  date  of  the  most  recent  evaluation,
including any  corrective  actions with regard to significant  deficiencies  and
material weaknesses.

DATE: October 31, 2003


                                            /s/ Gregg B. Colton
                                            -----------------------
                                            Gregg B. Colton, President

<PAGE>



Exhibit 32

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In  connection  with  the  filing  of the  Quarterly  Report  of  DigiCorp  (the
"Company")  on  Form  10-QSB  for the  period  ended  September  30,  2003  (the
"Report"), I, Gregg B. Colton, Chief Executive Officer of the Company,  certify,
pursuant  to 18  U.S.C.  ss.  1350,  as  adopted  pursuant  to  ss.  906  of the
Sarbanes-Oxley Act of 2002, that:

          (i) The Report fully complies with the  requirements  of section 13(a)
     of the Securities Exchange Act of 1934; and

          (ii) The information  contained in the Report fairly presents,  in all
     material respects, the financial condition and results of operations of the
     Company.

/s/ Gregg B. Colton
-------------------------
Gregg B. Colton
Chief Executive Officer