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                                  FORM 10-QSB/A
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                   Quarterly Report Under Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

For Quarter Ended September 30, 2004

Commission File Number: 00-18235

                         Eldorado Artesian Springs, Inc.
        (Exact name of registrant as specified in its charter as amended)

                     Colorado                                    84-0907853
(State or other jurisdiction of incorporation)     (IRS Employer Identification No.)
                                                              Or organization)

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 1783 Dogwood Street Louisville, Colorado                         80027
(Address of principal executive offices)                       (Zip Code)

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                                 (303) 499-1316
              (Registrant's telephone number, including area code)

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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 _____
    --------

Number  shares of common  stock  outstanding  at the  latest  practicable  date,
November 12, 2004: 2,995,495.

Transitional Small Business Disclosure Format        Yes _____    No __X__

**Explanatory Note**

     This  amendment to Quarterly  Report on Form 10-QSB/A is being filed solely
to amend Item 3 of the  Quarterly  Report on Form  10-QSB of  Eldorado  Artesian
Spring, Inc. for the three month period ending September 30, 2004. The full text
of Item 3, as amended, is set forth below.

**Item 3: CONTROLS AND PROCEDURES**

(a)  Evaluation  of  Disclosure  Controls and  Procedures.  As of the end of the
period covered by this report, the Company carried out an evaluation,  under the
supervision  and with the  participation  of  management,  including  the  Chief
Executive  Officer and Chief  Financial  Officer,  of the  effectiveness  of the
design and operation of the Company's  disclosure  controls and  procedures  (as
defined in Rule 13a-15(e))  under the Securities  Exchange Act of 1934. Based on
such  evaluation,  the  Chief  Executive  Officer  and Chief  Financial  Officer
concluded that, as of the end of such period, the Company's  disclosure controls
and  procedures  are  effective and are  reasonably  designed to ensure that all
material  information relating to the Company and required to be included in its
reports  filed or  submitted  under the  Exchange  Act is  recorded,  processed,
summarized and reported within the time periods specified in the rules and forms
of the  Securities  and  Exchange  Commission,  and to ensure  that  information
required  to be  disclosed  in reports the  Company  files or submits  under the
Exchange  Act is  accumulated  and  communicated  to the  Company's  management,
including its principal executive and principal  finnacial officers,  or persons
performing similar functions, as appropriate to allow timely decisions regarding
required  disclosure.  There have been no  significant  changes in the Company's
controls subsequent to the evaluation date.

(b)  Changes in  Internal  Controls.  There  were no  changes  in the  Company's
internal control over financial reporting during the quarter ended September 30,
2004 that materially  affected,  or were reasonably  likely to materially affect
the Company's internal control over financial reporting.

Item 6.  EXHIBITS

(a) Exhibits

31.1 Certification  Pursuant to 18 U.S.C.  Section 1350, As Adopted  Pursuant to
     Section 302 of The Sarbanes-Oxley Act of 2002 by Chief Executive Officer

31.2 Certification  Pursuant to 18 U.S.C.  Section 1350, As Adopted  Pursuant to
     Section 302 of The Sarbanes-Oxley Act of 2002 by Chief Financial Officer

32.1 Certification   Of  Periodic   Report   Pursuant  to  Section  906  of  the
     Sarbanes-Oxley  Act of 2002,  18  U.S.C.  Section  1350 by Chief  Executive
     Officer

32.2 Certification   Of  Periodic   Report   Pursuant  to  Section  906  of  the
     Sarbanes-Oxley  Act of 2002,  18  U.S.C.  Section  1350 by Chief  Financial
     Officer

                                   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.

ELDORADO ARTESIAN SPRINGS, INC.

By: /s/  Douglas Larson
    -------------------
Douglas Larson, President

By: /s/  Cathleen Shoenfeld
    -----------------------
Cathleen Shoenfeld, Chief Financial Officer

                         ELDORADO ARTESIAN SPRINGS, INC.

                        Quarterly Report on Form 10-QSB/A
                    for the Quarter Ended September 30, 2004
                             Exhibits Filed Herewith

Exhibit
Number                                    Description
--------                                  -----------

31.1 Certification  Pursuant to 18 U.S.C.  Section 1350, As Adopted  Pursuant to
     Section 302 of The Sarbanes-Oxley Act of 2002 by Chief Executive Officer

31.2 Certification  Pursuant to 18 U.S.C.  Section 1350, As Adopted  Pursuant to
     Section 302 of The Sarbanes-Oxley Act of 2002 by Chief Financial Officer

32.1 Certification   Of  Periodic   Report   Pursuant  to  Section  906  of  the
     Sarbanes-Oxley  Act of 2002,  18  U.S.C.  Section  1350 by Chief  Executive
     Officer

32.2 Certification   Of  Periodic   Report   Pursuant  to  Section  906  of  the
     Sarbanes-Oxley  Act of 2002,  18  U.S.C.  Section  1350 by Chief  Financial
     Officer
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