UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, DC 20549

                             FORM 10-QSB

(Mark One)

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

     For the quarter ended March 31, 2003


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

     For the transition period from __________ to __________

                   Commission file number 000-26037

                   VISUAL BIBLE INTERNATIONAL, INC.
                   --------------------------------
  (Exact Name of Small Business Issuer as Specified in Its Charter)

            Florida                        65-1030068

 (State or Other Jurisdiction   (IRS Employer Identification
       of Incorporation)        Number)


     1235 Bay Street, Suite 300, Toronto, Ontario  M5R 3K4 Canada
    -------------------------------------------------------------
               (Address of Principal Executive Offices)


                            (416) 921-9950
                            --------------
           (Issuer's Telephone Number, Including Area Code)



        ------------------------------------------------------
(Former Name, Former Address and Former Fiscal Year, if Changed
                          Since Last Report)


<PAGE>



                APPLICABLE ONLY TO ISSUERS INVOLVED IN
                  BANKRUPTCY PROCEEDINGS DURING THE
                         PRECEDING FIVE YEARS

     Check whether the registrant filed all documents and reports
required to be filed by Section 12, 13 or 15(d) of the Securities
Exchange Act after the distribution of securities under a plan
confirmed by a court:

                          YES [ ]   NO [  ]


                 APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date:  As of
April 30, 2003, there were 44,215,483 shares of the Registrant's
$.001 par value common stock outstanding.

      Transitional Small Business Disclosure Format (check one):

                          YES [  ]   NO [X]



<PAGE>

                          TABLE OF CONTENTS


Part I - FINANCIAL INFORMATION

Item 1.   Financial Statements.

(a)  Consolidated Balance Sheets as of March 31, 2003 and December
     31, 2002

(b)  Consolidated Statements of Operations for three month periods
     ended March 31, 2003 and March 31, 2002

(c)  Consolidated Statements of Cash Flows for the three month
     periods ended March 31, 2003 and March 31, 2002

(d)  Notes to Financial Statements

Item 2.   Management's Discussion and Analysis.

Item 3.   Controls and Procedures.

PART II.  OTHER INFORMATION

Item 1.    Legal Proceedings.

Item 2.    Changes in Securities and Use Of Proceeds.

Item 3.    Defaults on Senior Securities.

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

Item 5.    Other Information.

Item 6.    Exhibits and Reports on Form 8-K.

SIGNATURES


<PAGE>

Item 1.   Financial Statements.


(a)  Consolidated Balance Sheets as of March 31, 2003 and December
     31, 2002


          VISUAL BIBLE INTERNATIONAL, INC. AND SUBSIDIARIES
                     CONSOLIDATED BALANCE SHEETS
                             (Unaudited)

<TABLE>
<S>                                  <C>           <C>
                                     March 31,     December 31,
                                     2003          2002
                                      (unaudited)    (audited)

Assets

Current Assets:

 Cash and cash equivalents                  $93,355      $946,462
 Cash in escrow                                   -       166,817
 Accounts receivable, net                     6,784        71,111
 Inventories                                303,522       318,542
 Prepaids and other current assets          154,302       126,257
                                         ----------    ----------
  Total Current Assets                      559,963     1,629,189

Film Cost, Production in Process         11,849,748     2,002,335

Property and Equipment, Net of
Accumulated Depreciation                     26,554        16,378

Intangible Assets, Net of
Accumulated Amortization                    300,112       300,112
                                         ----------    ----------
  Total Assets                          $12,736,377    $3,948,014
                                         ==========    ==========

LIABILITIES AND STOCKHOLDERS'
EQUITY (DEFICIT)

Current Liabilities:

 Current portion of notes payable          $225,000      $225,000

 Accounts payable and accrued             5,352,249     4,192,077
 expenses

 Royal Bank Film Production
 Financing                                2,689,893             -

 Deferred Revenue                           753,903       789,471

 Due to related parties                   1,827,313       781,882
                                         ----------    ----------

 Total Current Liabilities               10,848,358     5,988,430
                                         ----------    ----------

 Debentures Payable                       5,500,000       750,000
                                         ----------    ----------

Total Liabilities                       $16,348,358    $6,738,430
                                         ==========    ==========

Stockholders' Equity (Deficit):

Preferred stock 200,000,000                   1,557        1,557
authorized, par value $.001,
2,000,000 designated Class B,
1,556,728 issued and outstanding at
March 31, 2003 and December 31, 2002

Common stock, 300,000,000
authorized $.001 par value,
46,682,824 and 40,878,324 issued
and outstanding at March 31, 2003
and December 31, 2002                        46,683        40,878

Additional paid-in capital               34,977,739    34,271,280

Unamortized finance costs on
debentures payable                        (824,725)     (112,462)

Receivables from stockholders             (427,060)     (427,060)

Accumulated foreign currency                (4,597)         3,650
translations

Retained earnings (deficit)            (37,381,578)  (36,568,260)
                                         ----------    ----------

  Total Stockholders' Equity
  (Deficit)                             (3,611,981)   (2,790,416)
                                         ----------    ----------

  Total Liabilities and
  Stockholders' Equity (Deficit)        $12,736,377    $3,948,014
                                         ==========    ==========
</TABLE>

____________________

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



<PAGE>


(b)  Consolidated Statements of Operations for three month periods
     ended March 31, 2003 and March 31, 2002


          VISUAL BIBLE INTERNATIONAL, INC. AND SUBSIDIARIES
                CONSOLIDATED STATEMENTS OF OPERATIONS
                             (Unaudited)

<TABLE>
<S>                                   <C>          <C>
                                        For the       For the
                                         Three     Three Months
                                         Months     Ended March
                                      Ended March    31, 2002*
                                        31, 2003

Sales:

 Royalty income                             $38,555      $114,319
 Product sales                                    -        77,471
                                         ----------    ----------
  Total Sales                                38,555       191,790
Cost of Goods Sold                           15,087        12,000
                                         ----------    ----------
Gross Profit                                 23,468       179,790

Costs and Expenses:
 Selling, general and administrative        711,412       633,754

Interest Expense                            125,375             -
                                            836,787       633,754
                                         ----------    ----------

Net Income (Loss) from Operations
before income taxes                       (813,319)     (453,964)
Provision (Credit) for Income Taxes              -             -
                                         ----------    ----------
Net Income (Loss)                         (813,319)     (453,964)
                                         ==========    ==========

Income (Loss) per Share:

 Basic and diluted income (loss) per        $(0.02)       $(0.20)
 share:
                                         ==========    ==========

Basic and diluted common shares          43,780,547     2,293,576
outstanding
                                         ==========    ==========
</TABLE>


____________________

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


<PAGE>



(c)  Consolidated Statements of Cash Flows for the three month
     periods ended March 31, 2003 and March 31, 2002

          VISUAL BIBLE INTERNATIONAL, INC. AND SUBSIDIARIES
                CONSOLIDATED STATEMENTS OF CASH FLOWS
                             (Unaudited)

<TABLE>
<S>                                     <C>          <C>
                                          For the      For the
                                           Three        Three
                                           Months      Months
                                        Ended March     Ended
                                          31, 2003   March 31,
                                         ----------  2002*
                                                      ----------

Cash Flows from Operating Activities:

 Net income (loss)                         $(813,319)  $(453,964)

 Adjustments to reconcile net income
(loss) to net cash (used in) provided
by operating activities

  Depreciation and amortization                     -     101,750

Change in operating assets and
liabilities:

  Accounts receivable                          64,327    (70,084)
  Inventories                                  15,020      65,869
  Due to/from affiliate                            -      114,000
  Film cost                               (9,847,413)          -
  Prepaid expenses and other current         (28,045)     (7,000)
  assets
   Accounts payable and accrued             1,160,172   (244,310)
   liabilities

   Deferred revenues                         (35,568)     485,680
                                           ----------  ----------

   Net cash (used in) provided by         (9,484,826)     (8,059)
   operating activities
                                           ----------  ----------

Cash Flows from Investing Activities:

 Cash in Escrow                               166,817          -
 Acquisition of property and equipment       (10,175)          -
 Advance of security deposit                       -           -
 Acquisition of intangibles                        -           -
                                           ----------  ----------
  Net cash used in investing                 156,642           -
  activities
                                           ----------  ----------

Cash Flows from Financing Activities:

Proceeds from debentures payable            4,750,000          -
Proceeds from film production financing     2,689,893          -
Payment of notes payable                           -     (35,233)
Proceeds from related party loans          1,045,431           -
Foreign currency translation                  (8,247)          -
                                           ----------  ----------
Net cash provided by (used in)
financing activities                        8,477,077    (35,233)
                                           ----------  ----------
Net (Decrease) Increase in Cash             (851,107)    (43,292)

Cash and cash equivalents, beginning
of period                                     946,462      62,034
                                           ----------  ----------
Cash and cash equivalents, end of             $95,355     $18,742
period
                                           ==========  ==========

Supplemental Disclosure of Cash Flow
Information:

 Interest paid during the period               $1,022      $ 394
                                           ==========  ==========

 Income taxes paid during the period             $ -         $ -
                                           ==========  ==========


</TABLE>

____________________


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


<PAGE>


(d)  Notes to Financial Statements

          VISUAL BIBLE INTERNATIONAL, INC. AND SUBSIDIARIES
              NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                             (UNAUDITED)
                            MARCH 31, 2003


1.  THE COMPANY

Visual Bible International, Inc. ("Visual Bible International" or
"the Company") is a global faith-based media company that owns,
through certain license agreements, the exclusive visual and digital
rights to popular versions of the Bible.  The Company has produced
and successfully released the word-for-word books of Matthew and Acts.

Visual Bible's mission is to use all forms of media to inspire the
lives of present and future generations by carrying God's Word to
everyone on earth regardless of their religious affiliation, culture
or geographic location.  The Company is seeking to acquire
additional intellectual property rights, is actively pursing the
production of new products and is building its sales and
distribution networks in order to position itself as the pre-eminent
creator and distributor of the word-for-word productions of the Bible.

2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation and Basis of Presentation

The accompanying financial statements consolidate the accounts of
Visual Bible International and its wholly-owned subsidiaries.  All
significant intercompany accounts and transactions have been
eliminated in consolidation.  Certain amounts from prior years have
been reclassified to conform to the current year presentation.

The accompanying unaudited consolidated financial statements have
been prepared pursuant to rules and regulations of the Securities
and Exchange Commission and, therefore, do not include all
information and footnote disclosures normally included in audited
financial statements.  However, in the opinion of management, all
adjustments that are of a normal and recurring nature necessary to
present fairly the results of operations, financial position and
cash flows have been made.  It is suggested that these statements be
read in conjunction with the financial statements included in the
Company's Annual Report on Form 10-KSB, dated April 7, 2003 for the
year ended December 31, 2002.

The statements of operations for the three months ended March 31,
2003 and 2002 are not necessarily indicative of results for the full
year.

Earnings (Loss) per Share

The Company computes earnings or loss per share in accordance with
the Financial Accounting Standards Board Statement No. 128 "Earnings
Per Share" (SFAS 128) which replaced the calculation of primary and
fully diluted earnings per share with basic and diluted earnings per
share.  Unlike primary earnings per share, basic earnings per share
excludes the dilutive effects of options, warrants and convertible
securities and thus is computed by dividing income available to
common stockholders by the weighted average number of common shares
outstanding.  Diluted earnings per share is similar to the previous
fully diluted earnings per share.  Diluted earnings per share
reflects the potential dilution that could occur if securities or
other agreements to issue common stock were exercised or converted
into common stock.  Diluted earnings per share is computed based
upon the weighted average number of common shares and dilutive
common equivalent shares outstanding.

Recent Accounting Pronouncements

In January, 2003, the Financial Accounting Standards Board ("FASB")
issued Interpretation No. 46, "Consolidation of Variable Interest
Entities - an interpretation of ARB No. 51, " which provides
guidance on the identification of and reporting for variable
interest entities.  Interpretation No. 46 expands the criteria for
consideration in determining whether a variable interest entity
should be consolidated.  Interpretation No. 46 is effective
immediately for variable interest entities created after January 31,
2003, and to variable interest entities in which an enterprise
obtains an interest after that date.  The Company is required to
adopt the interpretation in the first quarter of 2004 for variable
interest entities acquired before February 1, 2003.  The Company
does not expect the adoption of Interpretation No. 46 to have a
material effect on its results of operations and financial position.

In December 2002, the FASB issued Statement of Financial Accounting
Standards (SFAS") No. 148, "Accounting for Stock-Based Compensation
- Transition and Disclosure - an amendment of FASB Statement No.
123."  SFAS No. 148 amends SFAS No. 123, "Accounting for Stock-Based
Compensation," to provide alternative methods of transition for a
voluntary change to the fair value based method of accounting for
stock-based employee compensation.  In addition, SFAS No. 148 amends
the disclosure requirements of SFAS No. 123 to require prominent
disclosures in both annual and interim financial statements about
the method of accounting for stock-based employee compensation and
the effect of the method used on reported results.  SFAS No. 148 is
effective for the Company as of January 1, 2003.  The Company
currently has no stock-based Compensation plan, and, accordingly,
the adoption of SFAS No. 148 did not have a significant impact on
the Company's results of operations or financial position.

3.  LIQUIDITY - SIGNIFICANT CORPORATE EVENTS

During the quarter ending March 31, 2003 the Company completed a
private placement offering of debentures. In addition, to the
$750,000 proceeds the Company received in December, 2002 the Company
received additional proceeds of $4,750,000 resulting in total
private placement proceeds of $5,500,000 for the film production of
the Gospel of John.

In addition, on March 21, 2003 the Company closed its bank financing
for Gospel of John film production with participation by Royal Bank
Financial Group and utilized $2,689,893 of this loan facility
through March 31, 2003.

In addition, the Company will require additional funding for its
operations and for the marketing of the Gospel of John film
production.  The Company believes that it will be successful in
raising the necessary additional capital through a private placement
offering of its securities which it plans for the second quarter of
2003.  There can, however, be no assurance that the Company will be
successful in this effort.

4.  STOCKHOLDERS' EQUITY (DEFICIT)

During the quarter ended March 31, 2003 the Company issued 5,804,500
shares of its common stock along with 2,636,250 warrants to purchase
common stock in connection with the offering of its debentures.  The
shares and warrants have been treated as additional finance costs on
the debentures payable and were valued by the Company for $712,262.
This amount has been classified on the balance sheet at March 31,
2003 as a contra-equity account and will be amortized as additional
interest expense over the term of the debentures payable beginning
in the second quarter of 2003.


Item 2.   Management's Discussion and Analysis.

     The following discussion of our financial condition and results
of operations should be read in conjunction with the financial
statements and the notes to the financial statements included
elsewhere in this report.  The discussion may contain "forward
looking" statements or statements which arguably imply or suggest
certain things about our future.  Statements, which express that we
"believe", "anticipate", "expect", or "plan to", as well as, other
statements which are not historical fact, are forward looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995.  These statements are based on assumptions that
we believe are reasonable, but a number of factors could cause our
actual results to differ materially from those expressed or implied
by these statements.  We do not intend to update these forward
looking statements.

Overview

     We are a global, faith-based media company that has secured the
exclusive visual and digital rights to versions of the Bible.

     We are the successor by merger (the "Merger") to American
Uranium, Inc. ("American Uranium").  During June 2000, American
Uranium changed its state of incorporation from New Jersey to
Florida by means of a merger into a wholly-owned Florida subsidiary,
American Uranium Reincorporation, Inc., which then changed its name
to American Uranium, Inc.  During August, 2000, American Uranium
amended and restated its articles of incorporation, which among
other things, changed its name to Visual Bible International, Inc.
On July 31, 2000, we concluded a voluntary share exchange
transaction (the "Share Exchange Transaction") with all of the
shareholders of Visual Bible, Inc., a Florida corporation ("Visual
Bible") whereupon Visual Bible became our wholly owned subsidiary.
As a result of the Share Exchange Transaction the shareholders of
Visual Bible received in excess of 51% of our outstanding Common
Stock.  Prior to the Merger, we had limited operations and were
looking to consummate a business combination with another company
which had operations.

     Our primary strength is our intellectual property rights to the
visual representation of popular versions of the Bible and our sales
and distribution networks.  The Bible remains the largest selling
book of all time and Bible sales are driven by Bible translations.
We have concluded an exclusive license agreement with the American
Bible Society (the "ABS License Agreement") for the rights to
produce, distribute, market and sell, in visual format, its
copyrighted Good News and Contemporary English Versions of the Bible.

     We intend to utilize our intellectual property rights as the
basis to build a global distribution system for faith-based,
audio-visual products.  Past distribution of such products has been
primarily focused on the traditional Christian marketplace.  We
believe the opportunity continues to exist to take our products into
the mainstream domestic marketplace and simultaneously into the much
larger global marketplace where, we believe, the potential for sales
is substantial.

     As a result of our ongoing dispute with the International Bible
Society (as described in our Form 10KSB for the fiscal year ended
December 31, 2002) we are, currently, prohibited from selling our
productions of the books of Matthew and Acts.  We, therefore,
believe that we will be unable to generate any revenues until after
the release of our production of the book of John which is scheduled
for September, 2003.  We believe that we have sufficient funds to
allow to continue our operations only through May, 2003 (see Part
II, Item 5, below).


Results of Operations

     Net sales for the three month period ended March 31, 2003
totaled $38, 555, a decrease of 80% from the net sales amount of
$191,790 reported in the corresponding 2002 period. The decline in
sales was primarily attributable to an injunction prohibiting the
Company to sell products under license by the International Bible
Society.

     Selling, general and administrative expenses of $711,412 for
the three month period ended March 31, 2003 increased 12% over the
$633,754 amount incurred in the corresponding 2002 three month
period. The expense in the current period was primarily in support
of the Company's new production, The Gospel of John, scheduled for
release in the fall of 2003.

     Interest expense related to the Company's Debenture issue
totaled $125,375 for the quarter ended March 31, 2003.  There was no
interest expense in the corresponding 2002 quarter.

Liquidity & Capital Resources

     At March 31, 2003, we had approximately $95,355 in cash and
cash equivalents and a working capital deficit of $10,288,395.  The
primary source of liquidity to meet our obligations during the three
months ended March 31, 2003 were provided from the proceeds of the
Debenture issue.

     For fiscal year 2003, we anticipate cash needs of $3,500,000
consisting of approximately $1,800,000 for general corporate
purposes, $1,500,000 for pre launch marketing of the Gospel of John,
and $200,000 for pre production costs related to the Company's next
film release. We expect these cash needs to be funded through the
issue of additional Debentures (see Part II, Other Information, Item
5, Need for Additional Financing).

Item 3.  Controls and Procedures.

a.)  Our principal executive officer and our principal financial
     officer have on a date which is within ninety days of the date
     that we have filed this quarterly report (the "Evaluation
     Date"), evaluated the effectiveness of our disclosure controls
     and procedures and have concluded that no significant
     deficiencies or material weaknesses exist.

b.)  There have been no significant changes in our internal controls
     or in any other factors that could significantly affect these
     controls subsequent to the Evaluation Date.


<PAGE>


PART II.  OTHER INFORMATION

Item 1.   Legal Proceedings.

          As previously reported in our Form 10KSB for the fiscal
year ended December 31, 2002, legal proceedings were filed with the
Circuit Court for Davidson County, Tennessee by a David Seibert, a
former employee, against us on April 1, 2003, in which the plaintiff
is claiming damages from a default in payment of a promissory note
and under an agreement. The plaintiff is seeking $67,200 plus
prejudgment interest, attorney fees and costs of the litigation.

     Legal proceedings were filed with the Circuit Court for Palm
Beach County, Florida by First Property Holdings, Limited, against
us on February 8, 2003, in which the plaintiff is claiming damages
from a default in payment of a promissory note. The plaintiff is
seeking $150,000 plus prejudgment interest, attorney fees and costs
of the litigation.


Item 2.   Changes in Securities.

a).  Not Applicable.

b).  Not Applicable.

c).  Commencing on December 24, 2002, we sold 5,500,000 units (the
"Units") to eight purchasers thereof for aggregate consideration of
$5,500,000.  We expect that we will sell an additional 1,000,000
Units in the near future.  Each Unit consists of a fifteen percent
(15%) $1.00 principal amount debenture (each, a "Debenture"), 1.22
shares of our common stock and .555 warrants (each, a "Warrant").
Repayment of the Debentures is secured by a Security Agreement (the
"Security Agreement") encumbering all of our assets.  Likewise, each
holder of the Debenture is entitled to a initial royalty per DVD
Unit sold to United States and Canadian Sources (the "Initial
Royalty"), in a variable amount of not less than $.40 per DVD Unit
nor more than $4.00 per DVD Unit depending upon the length of time
that certain additional advances (the "Initial Additional Advances")
made by the holders of the Debentures remain outstanding and to a
second royalty per DVD Unit sold to United States and Canadian
Sources (the "Second Royalty"), in a variable amount of not less
than $.50 per DVD Unit nor more than $4.00 per DVD Unit depending
upon the length of time that certain advances in addition to the
Initial Additional Advances (the "Second Additional Advances") made
by the holders of the Debentures remain outstanding. Each purchaser
of a Unit is entitled to certain registration rights pursuant to a
registration rights agreement (the "Registration Rights Agreement")
and certain other rights relating to board appointments and rights
as to future financing pursuant to an investor rights agreement (the
"Investor Rights Agreement").  Each Warrant entitles the holder,
subject to the satisfaction of the conditions to exercise set forth
in the Warrant, to purchase, on or prior to 5:00 p.m., New York City
time, on December 23, 2006 (the "Warrant Expiration Date") one share
of our common stock, subject to adjustment as provided in the
Warrant, at the Exercise Price (as defined below) then in effect.
The Exercise Price per share of common stock is determined as follows:

     if the applicable Warrant is exercised at any time on or prior
     to December 31, 2004, the Exercise Price per share of common
     stock is $1.00;

     if the applicable Warrant is exercised after December 31, 2004
     but on or prior to June 30, 2005, the Exercise Price per share
     of common stock is $1.25;

     if the applicable Warrant is exercised after June 30, 2005 but
     on or prior to December 31, 2005, the Exercise Price per share
     of common stock is $1.50;

     if the applicable Warrant is exercised after December 31, 2005
     but on or prior to June 30, 2006, the exercise price per share
     of common stock is $1.75; and

     if the applicable Warrant is exercised after June 30, 2006, the
     exercise price per share of common stock is $2.00.

We claimed exemption from the registration provisions of the Act
with respect to the issuance of the Units pursuant to Section 4(2)
thereof inasmuch as no public offering was involved.  In connection
with the issuance of the Debentures, the shares of our common stock
and the Warrants which comprise the Units, the purchasers thereof
made an informed investment decision based upon negotiation with us
and was provided with access to material information regarding us.
We believe that the purchasers thereof  had knowledge and experience
in financial matters such that the purchasers were capable of
evaluating the merits and risks of acquisition of the Units.  All of
the Debentures, the certificates representing the common stock and
the Warrants issued pursuant to the foregoing bear an appropriate
legend restricting the transfer of same, except in accordance with
the Securities Act.

     On February 6, 2003, we issued 121,049 shares of our common
stock to Film Financing, Inc. in connection with the requirements of
an agreement between us and Film Financing associated with our film
financing credit facility for the production of the Gospel of John.
There were no commissions or discounts associated with the issuance
of the common stock.  We claimed exemption from the registration
provisions of the Act with respect to the common stock so issued
pursuant to Section 4(2) thereof inasmuch as no public offering was
involved.  In connection with the issuance of the common stock, Film
Financing made an informed investment decision based upon
negotiation with us and was provided with access to material
information regarding us.  We believe that Film Financing had
knowledge and experience in financial matters such that Film
Financing was capable of evaluating the merits and risks of
acquisition of the common stock.  All certificates representing the
common stock issued pursuant to the foregoing bear an appropriate
legend restricting the transfer of such shares, except in accordance
with the Securities Act.

     On March 6, 2003, we issued 150,000 shares of our common stock
to Film Financing, Inc. in connection with the requirements of an
agreement between us and Film Financing associated with our film
financing credit facility for the production of our production of
the Gospel of John.  There were no commissions or discounts
associated with the issuance of the common stock.  We claimed
exemption from the registration provisions of the Act with respect
to the common stock so issued pursuant to Section 4(2) thereof
inasmuch as no public offering was involved.  In connection with the
issuance of the common stock, Film Financing made an informed
investment decision based upon negotiation with us and was provided
with access to material information regarding us.  We believe that
Film Financing had knowledge and experience in financial matters
such that Film Financing was capable of evaluating the merits and
risks of acquisition of the common stock.  All certificates
representing the common stock issued pursuant to the foregoing bear
an appropriate legend restricting the transfer of such shares,
except in accordance with the Securities Act.

     On March 13, 2003, we entered into an agreement with Elly
Herbert Reisman (one of our directors) to provide a guaranty
("Guaranty") as required under the terms of our film financing
credit facility for the production of the Gospel of John (the
"Guaranty Agreement").  Pursuant to the Guaranty Agreement, we are
required to issue 100,000 shares of our common stock to Elly Herbert
Reisman in exchange for the provision of the Guaranty for a period
of 45 days and, we are required to provide 25,000 shares of our
common stock to Elly Herbert Reisman for each period of thirty (30)
days that the Guaranty remains outstanding after the initial 45 day
period.  We expect to issue 125,000 shares of our common stock to
Elly Herbert Reisman on account of the foregoing on or before May
30, 2003.  Under the Guaranty Agreement, if the guarantor is
required to make any payment then we are obligated to pay the
guarantor a royalty per DVD Unit sold to United States and Canadian
Sources in an amount equal to $3.00 per DVD Unit for the first
300,000 DVD Units sold and $2.00 for the next 305,000 DVD Unit sold.
 After the sale of 605,000 DVD Units and the payment of the Guaranty
Royalty our obligation to pay such royalty to the guarantor shall
terminate, provided, however, to the extent that any payment made by
the guarantor under the Guaranty Agreement is repaid to the
guarantor by us or others on our behalf, the royalty payable shall
be reduced as described in the Guaranty Agreement.  We are not yet
able to determine the amounts, if any, of additional shares of
common stock that will be issuable to Elly Herbert Reisman from us
on account of the Guaranty.  There will be no commissions or
discounts associated with the issuance of the common stock.  We will
claim an exemption from the registration provisions of the Act with
respect to the common stock so issued pursuant to Section 4(2)
thereof inasmuch as no public offering will be involved.  In
connection with the issuance of the common stock, Elly Herbert
Reisman will have made an informed investment decision based upon
negotiation with us and was provided with access to material
information regarding us.  We believe that Elly Herbert Reisman will
have had knowledge and experience in financial matters such that
Elly Herbert Reisman will be capable of evaluating the merits and
risks of acquisition of the common stock.  All certificates
representing the common stock issued pursuant to the foregoing bear
an appropriate legend restricting the transfer of such shares,
except in accordance with the Securities Act.

     d).  Not Applicable.

Item 3.   Defaults upon Senior Securities.  Not Applicable.

Item 4.   Submission of Matters to a Vote of Security Holders.  Not
          Applicable.


<PAGE>

Item 5.   Other Information.

     Need for Additional Financing

     Our ability to continue our operations as presently intended is
dependent upon, among other things, receipt of substantial
additional capital in addition to the amounts of any accounts
receivables that we may collect.  We approximate that we require
capital in excess of $3,500,000 to pay our accumulated debts and
continue our operations, including commencement of certain
anticipated productions activities.  We funded our operations during
our first fiscal quarter of 2003 through the issuance of the
Debentures described in Item 2 c) hereof, and through our bank
financing for the book of John with participation by Royal Bank
Financial Group.  As a result of our ongoing dispute with the
International Bible Society (as described in our Form 10KSB for the
fiscal year ended December 31, 2002) we are, currently, prohibited
from selling our productions of the books of Matthew and Acts.  We,
therefore, believe that we will be unable to generate any revenues
until after the release of our production of the book of John which
is scheduled for September, 2003.  We believe that we have
sufficient funds to allow to continue our operations through May,
2003.  In order to continue our operations thereafter, we will be
required to raise additional funds through equity or debt financing.

     We have executed a letter of intent with CICIF Communications,
Inc. relating to a debenture financing in the amount of $2,500,000.
The letter of intent does not create any legally binding upon us or
CICIF to conclude the debenture financing.  We expect that the terms
and conditions associated with such proposed debenture financing
will be substantially similar to the  debenture financing described
in Item 2 c) hereof and that such debenture financing will be
concluded on or about May 31, 2003.  However, we can provide no
assurance that such debenture financing will be concluded or, that
if it is concluded, that the terms thereof will the same as
described herein.

     We are seeking to conclude an additional $1,000,000 of
debenture financing.  We expect that the terms of such additional
debenture financing will be substantially similar to the  debenture
financing described in Item 2 c) hereof, and we anticipate that such
debenture financing will be concluded on or about July 31, 2003.
However, we can provide no assurance that such debenture financing
will be concluded or, that if it is concluded, that the terms
thereof will the same as described herein.

     If we are unable to conclude the debenture financings described
herein we will not have sufficient capital to continue our
operations.  We have, in the recent past, been able to arrange
interim financing with certain related parties which enabled us to
continue our operations until financings were concluded, and, if
required, we will attempt to make such interim financing
arrangements so that we be able to continue our operations.  We can
provide no assurance, however, that we will be successful in making
such interim arrangements, nor can we presently determine what the
terms and conditions of such interim financing may be.  If adequate
funds are not available or not available on terms acceptable to us,
we will be forced to cease our business operations.

     If additional funds are raised through the issuance of equity
or convertible debt securities, the percentage ownership of our
stockholders will be reduced, stockholders may experience additional
dilution and such securities may have rights, preferences or
privileges senior to those of the rights of our current
shareholders.

<PAGE>


Item 6.   Exhibits, Lists and Reports on Form 8-k:

     (a)  Exhibits.

     The following is a list of exhibits filed as part of this
quarterly report on Form 10-QSB. Where so indicated by footnote,
exhibits which were previously filed are incorporated by reference.
For exhibits incorporated by reference, the location of the exhibit
in the previous filing is indicated in parentheses.

<TABLE>
<S>     <C>
        DESCRIPTION
EXHIBIT
NO.

2.1     Stock Exchange Agreement (2)

3.1     Articles of Incorporation of American Uranium, Inc. (1)

3.2     Bylaws of American Uranium, Inc.(1)

3.3     Articles of Incorporation of American Uranium
        Reincorporation, Inc. (2)

3.4     Bylaws of American Uranium Reincorporation, Inc. (2)

3.5     Amended and Restated Articles of Incorporation of
        Visual Bible International, Inc. (3)

3.6     Bylaws of Visual International, Inc. (3)

3.7     Amended and Restated Articles of Incorporation (1 for 2
        combination) of Visual Bible International, Inc. dated
        April 3, 2001 (4)

3.8     Amended and Restated Articles of Incorporation (1 for 3
        combination)of Visual Bible International, Inc. dated
        September 10, 2001 (5)

3.9     Amended and Restated Articles of Incorporation (1 for
        10 combination) of Visual Bible International, Inc.
        dated February 19, 2002 (6)

3.10    Amendment to the Articles of Incorporation (Series A
        Preferred designation) of Visual Bible International,
        Inc., dated March 28, 2002 (8)

3.11    Amendment to the Articles of Incorporation
        (capitalization increase) of Visual Bible
        International, Inc., dated April 15, 2002 (7)

3.12    Amendment to the Articles of Incorporation (Series B
        Preferred designation) of Visual Bible International,
        Inc., dated December 17, 2002 (8)

4.1     Form of Debenture dated December 24, 2002 (8)

4.2     Form of Warrant dated December 24, 2002 (8)

4.3     Form of Registration Rights Agreement (8)

4.4     Form of Investor Rights Agreement (8)

4.5     Addenda to Debentures (First Addendum, Second Addendum,
        Third Addendum and Fourth Addendum)(8)

9.1     Shareholder Voting Agreement (3)

9.2     Form of Irrevocable Proxy (3)

10.1    Agreement with Stewart House Publishing, Inc. (4)

10.2    Agreement with Thomas Nelson, Inc. (4)

10.3    Agreement with Columbia House, Inc. (4)

10.4    The JBM Management Agreement and Amendments (8)

10.5    The Velveteen Consulting Agreement (8)

10.6    The 148 Ontario Consulting Agreement (8)

10.7    Agreement to Provide Guaranty (8)

21.1    List of Subsidiaries (8)


</TABLE>


(1)  Previously filed with Form 10 of the Company dated May 19, 1999
     and incorporated herein by reference.

(2)  Previously filed with Schedule 14-A of the Company on June 2,
     2000 and incorporated herein by reference.

(3)  Previously filed with Form 8-K on August 16, 2000 and
     incorporated herein by reference.

(4)  Previously filed with Form 10-KSB of the Company filed on May
     23, 2001 and incorporated herein by reference.

(5)  Previously filed with Form 10-QSB of the Company filed on
     November 11, 2001 and incorporated herein by reference.

(6)  Previously filed with Form 8-K on March 26, 2002 and
     incorporated herein by reference.

(7)  Previously filed with Schedule 14-C of the Company filed on
     March 25, 2002 and incorporated herein by reference.

(8)  Previously filed with Form 10-KSB of the Company filed on May
     16, 2003 and incorporated herein by reference.

(9)  Filed electronically herewith.

     (b)  Reports on Form 8-K.

          None.

<PAGE>


                              SIGNATURES


     In accordance with the requirements of the Exchange Act, the
registrant has caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                              VISUAL BIBLE INTERNATIONAL, INC.



Date: 05/23/03                By: /s/ Gerald C. Quinn
                              -----------------------------
                              Gerald C. Quinn, President and Chief
                              Executive Officer



Date: 05/23/03                By: /s/ Harold Kramer
                              -----------------------------
                              Harold Kramer, Executive Vice
                              President and Principal Financial Officer



<PAGE>



                            CERTIFICATIONS


     I Gerald C. Quinn, certify that:

     1.   I have reviewed this quarterly report on Form 10-QSB of
Visual Bible International, Inc.;

     2.   Based upon 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 quarterly report.

     3.   Based upon my knowledge, the financial statements, and
other financial information included in this quarterly 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 quarterly report.

     4.   The registrant's other certifying officers and I are
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 quarterly report (the "Evaluation Date");
and

          c)   Presented in this quarterly report our conclusions
about the effectiveness of the disclosure controls and procedures
based on our evaluation as of the Evaluation Date.

     5.   The registrant's other certifying officers and I have
disclosed, based on our most recent evaluation, to the registrant's
auditors and the audit committee of the 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.   The registrant's other certifying officer and I have
indicated in this quarterly 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 our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.


Date: May 23, 2003                 /s/Gerald C. Quinn


                                   Gerald C. Quinn, Principal
                                   Executive Officer


<PAGE>



     I Harold Kramer, certify that:

     1.   I have reviewed this quarterly report on Form 10-QSB of
Visual Bible International, Inc.;

     2.   Based upon 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 quarterly report.

     3.   Based upon my knowledge, the financial statements, and
other financial information included in this quarterly 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 quarterly report.

     4.   The registrant's other certifying officers and I are
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 quarterly report (the "Evaluation Date");
and

          c)   Presented in this quarterly report our conclusions
about the effectiveness of the disclosure controls and procedures
based on our evaluation as of the Evaluation Date.

     5.   The registrant's other certifying officers and I have
disclosed, based on our most recent evaluation, to the registrant's
auditors and the audit committee of the 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.   The registrant's other certifying officer and I have
indicated in this quarterly 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 our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.



Date: May 23, 2003                 /s/Harold Kramer


                                   Harold Kramer, Principal
                                   Financial Officer