U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 10-QSB


(Mark One)

[x]      Quarterly Report under Section 13 or 15(d) of the Securities Exchange
         Act of 1934

                  For the quarterly period ended June 30, 2003

[ ]      Transition Report under Section 13 or 15(d) of the Exchange Act

             For the TRANSITION PERIOD FROM ________ TO ___________


                         Commission File Number: 0-30829


                               Muller Media, Inc.
--------------------------------------------------------------------------------
                 (Name of small business issuer in its charter)

          Nevada                                             88-0430189
-------------------------------                           ------------------
(State or other jurisdiction of                            (IRS Employer
incorporation  or  organization)                         Identification No.)

  11 East 47th Street, Third Floor, New York, New York           10017
  ----------------------------------------------------         ----------
       (Address of principal executive offices)                (Zip Code)

                                 (212) 317-0175
                           ---------------------------
                           (Issuer's telephone number)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act of 1934 during the past 12 months (or 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 [ ]

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDING 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 Exchange Act after the distribution of
securities under a plan confirmed by a court.
                                 Yes [ ] No [ ]

Common Stock, $0.001 par value per share, 20,000,000 shares authorized, 713,678
issued and outstanding as of June 30, 2003. Preferred Stock, $0.001 par value
per share, 5,000,000 shares authorized, no Preferred Stock issued nor
outstanding as of June 30, 2003.

TRADITIONAL SMALL BUSINESS DISCLOSURE FORMAT (CHECK ONE) YES [X ] NO [ ]

<PAGE>

To the Board of Directors
of Muller Media, Inc.
New York, New York

We have compiled the accompanying balance sheet of Muller Media, Inc. as of June
30, 2003 and the related statements of operations and cash flows for the six
months then ended, in accordance with Statement on Standards for Accounting and
Review Services issued by the American Institute of Certified Public
Accountants.

A compilation is limited to presenting in the form of financial statements
information that is the representation of management. We have not audited or
reviewed the accompanying financial statements and, accordingly, do not express
any opinion or any other form of assurance on them.

The 2002 financial statements financial statements were audited by other
accountants. Those reports were dated April 3, 2003. They were not aware of any
material modifications that should be made to those statements in order for them
to be in conformity with United States generally accepted accounting principles.

The accompanying financial statements have been prepared assuming that the
company will continue as a going concern. As discussed in Note 15 to the
financial statements the company's net loss for the six months ended June 30,
2003 was approximately $337,000. In addition, the Company on June 15, 2003
received notification from its current sole supplier of motion pictures that it
will terminate its agreement with the Company based on a "key man" clause in the
agreement which became effective by the departure of its president in June,
2003. These issues raise substantial doubt about Muller Media, Inc.'s ability to
continue as a going concern unless management is successful in its endeavors to
negotiate equity investments, find another supplier(s) of motion pictures, and
reduce operating expenses so as to return to a positive cash flow position. The
financial statements do not include any adjustments that might result from the
outcome of these uncertainties. Management's plans concerning these matters are
also discussed in Note 14.



Manger & Company
Certified Public Accountants

New York, NY
August 11, 2003

                                       2
<PAGE>

                               MULLER MEDIA, INC.
                                 BALANCE SHEET
<TABLE>
<CAPTION>

                                                          June 30, 2003 December 31, 2002
                                                           (Unaudited)      (Audited)
                                                           -----------    -----------
<S>                                                        <C>            <C>
 ASSETS
 Current assets
      Cash and cash equivalents                            $    58,648    $   199,965
      Accounts receivable, net of allowance for doubtful
         accounts of $61,467 and $50,595 respectively        2,020,586      1,823,649
      Securities available for sale                                 --         38,262
      Prepaid expenses                                          35,578         37,400
                                                           -----------    -----------
         Total current assets                                2,114,812      2,099,276

 Property and equipment, less accumulated

         depreciation and amortization                              --          2,973
 Accounts receivable, non-current                              791,077        514,363
 Goodwill                                                      210,000        210,000
 Security deposit                                               10,213         10,140
                                                           -----------    -----------
         Total Assets                                      $ 3,126,102    $ 2,836,752
                                                           ===========    ===========

 LIABILITIES AND STOCKHOLDERS' EQUITY
 Current liabilities
     Accounts payable and accrued expenses                 $   512,484    $   403,810
     Due to producers                                          164,142        337,597
     Deferred revenue, current portion                       1,703,043      1,050,999
     Convertible note                                          225,000        225,000
                                                           -----------    -----------
         Total current liabilities                           2,604,669      2,017,406

Deferred revenue, non-current portion                          338,875        310,200
Accrued income taxes                                           299,000        299,000
                                                           -----------    -----------
         Total liabilities                                   3,242,544      2,626,606

Commitments and contingencies

Preferred stock, $0.001 par value; 5,000,000 shares

     authorized; no shares issued and outstanding                   --             --
Common stock, $0.02 par value; 5,000,000 shares
     authorized; 713,678 shares issued and outstanding .        14,273         14,273
Additional paid-in capital                                   2,186,438      2,186,438
Accumulated deficit                                         (2,317,153)    (1,979,757)

Unrealized loss on marketable securities                            --        (10,808)
                                                           -----------    -----------
         Total stockholders' equity                           (116,442)       210,146
                                                           -----------    -----------
         Total Liabilities and Stockholders' Equity        $ 3,126,102    $ 2,836,752
                                                           ===========    ===========
</TABLE>


See Accountants' Report and Notes to Financial Statements

                                       3
<PAGE>


                               MULLER MEDIA, INC.
                             STATEMENT OF OPERATIONS
                    FOR THE THREE MONTHS AND SIX MONTHS ENDED
                             JUNE 30, 2003 AND 2002
<TABLE>
<CAPTION>

                                            Three Months Ended                 Six Months Ended
                                         June 30, 2003   June 30, 2002   June 30, 2003    June 30, 2002
                                          ------------    ------------    ------------    ------------
<S>                                       <C>             <C>             <C>             <C>
Revenue                                   $    386,690    $    691,292    $  1,303,547    $  2,379,967
Cost of revenue - producer's fees              324,548         432,408         914,266       1,354,141
                                          ------------    ------------    ------------    ------------
       Net revenue                              62,142         258,884         389,281       1,025,826

Operating expenses:
    Selling, general and administrative        350,460         386,398         819,707       1,118,041
    Depreciation and amortization                2,703             143           2,973             333
    Bad debt                                    (9,669)          7,196          10,872          42,729
                                          ------------    ------------    ------------    ------------
       Total operating expenses:               343,494         393,737         833,552       1,161,103
                                          ------------    ------------    ------------    ------------

(Loss) from operations                        (281,352)       (134,853)       (444,271)       (135,277)

Other Income (expense):
    Interest income                             80,088          92,182         131,874         129,932
    Interest expense                            (8,206)         (7,642)        (14,582)        (18,421)
    Income (loss) on investments                    --             504         (10,417)           (294)
                                          ------------    ------------    ------------    ------------
       Total other Income (expense)             71,882          85,044         106,875         111,217
                                          ------------    ------------    ------------    ------------

Net Income (loss) before income taxes         (209,470)        (49,809)       (337,396)        (24,060)

Income tax benefit                                  --          28,465              --          15,249
                                          ------------    ------------    ------------    ------------
Net Income (loss)                         $   (209,470)   $    (21,344)   $   (337,396)   $     (8,811)
                                          ============    ============    ============    ============

       Basic                                   713,678      13,475,750         713,678      13,395,641
                                          ============    ============    ============    ============
       Diluted                                 713,678      15,473,689         713,678      15,393,580
                                          ============    ============    ============    ============
Net Income (loss) per common share
       Basic                              $      (0.29)   $         --    $      (0.47)   $         --
                                          ============    ============    ============    ============
       Diluted                            $      (0.29)   $         --    $      (0.47)   $         --
                                          ============    ============    ============    ============
</TABLE>


See Accountants' Report and Notes to Financial Statements

                                       4
<PAGE>


                               MULLER MEDIA, INC.
                             STATEMENT OF CASH FLOWS
                            FOR THE SIX MONTHS ENDED
<TABLE>
<CAPTION>

                                                        June 30, 2003  June 30, 2002
                                                         -----------    -----------
<S>                                                      <C>            <C>
Operating Activities:
    Net (loss) income                                    $  (337,396)   $    (8,811)
       Adjustments to reconcile net income to net
          cash (used in) operating activities:
          Depreciation and amortization                        2,973            333
          Bad debt expense                                    10,872         42,729
          Loss on investments                                 10,417            294
          Issuance of common stock for services              275,330
          Changes in operating assets and liabilities:
             Accounts receivable                            (364,136)    (1,080,265)
             Securities available for sale                    38,266             --
             Prepaid expenses                                  1,822         20,318
             Deferred charges                                     --        197,681
             Deferred tax asset                                   --          7,930
             Security deposit                                    (73)            --
             Accounts payable and accrued expenses           108,674        (40,251)
             Due to producers                               (293,455)       311,872
             Accrued income taxes                                 --        (23,179)
             Deferred revenue                                680,719        570,366
                                                         -----------    -----------

Net cash provided by (used in) operating activities         (141,317)       274,347
                                                         -----------    -----------
Investing Activities:
    Increase in property and equipment                            --         (2,002)
    Advances to affiliated company                                --       (128,091)
                                                         -----------    -----------

Net cash (used in) investing activities                           --       (130,093)
                                                         -----------    -----------
Financing Activities:
    Payment of convertible notes                                  --        (25,320)
                                                         -----------    -----------

Net cash (used in) financing activities                           --        (25,320)
                                                         -----------    -----------

Net increase (decrease) in cash and cash equivalents        (141,317)       118,934

Cash and cash equivalents - beginning of period              199,965        952,906
                                                         -----------    -----------
Cash and cash equivalents - end of period                $    58,648    $ 1,071,840
                                                         ===========    ===========

Supplemental cash flow information:

    Interest paid                                        $        --    $    18,421
                                                         ===========    ===========
    Income taxes paid                                    $     5,846    $        --
                                                         ===========    ===========
</TABLE>

See Accountants' Report and Notes to Financial Statements


                                       5
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003



NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization
------------

Muller Media, Inc. was originally incorporated on February 1, 1982 in New York
and, on June 9, 1998, became a wholly owned subsidiary of DCI
Telecommunications, Inc. ("DCI") pursuant to a stock purchase agreement, through
which DCI acquired 100% of the outstanding stock of the Company in exchange for
1,200,000 shares of common stock of DCI.

Pursuant to the Agreement and Plan of Merger by, and among, Muller Media, Inc.
(the "Company" or "Muller"), Business Translation Services, Inc. (the "Seller"
or "BTS") and DCI Telecommunications, Inc. (the "Purchaser" or "DCI"), dated
November 12, 2001 and the Share Purchase Agreement between the Purchaser and the
Seller dated November 12, 2001, DCI purchased 10,000,000 shares ("Selling
Shares"), of BTS common stock, accounting for 82% of BTS' issued and outstanding
stock after the sale. As part of the cost of the merger, the Company also issued
an aggregate of 2,300,000 common stock purchase warrants, 1,200,000 warrants
have an exercise price of $0.125 and the remaining 1,100,000 warrants have an
exercise price of $0.025. All of the warrants are exercisable through November
12, 2006. Immediately after the execution and delivery of the agreement, DCI
caused Muller to merge with and into BTS. As a result of this transaction, DCI
acquired and exercised control over a majority of BTS' shares. Accordingly, for
accounting purposes, the transaction has been treated as a recapitalization of
Muller, and, therefore, the financial statements represent a continuation of the
accounting acquirer, Muller, not BTS, the legal acquirer:

         i)       Muller is deemed to be the purchaser and surviving company for
                  accounting purposes. Accordingly, its net assets are included
                  in the balance sheet at their historical book value.

         ii)      Control of the net assets and business of BTS was acquired
                  effective November 12, 2001 (the "Effective Date"). BTS had no
                  significant operations prior to the acquisition. At the
                  Effective Date, BTS had net assets of approximately $80.

Effective with the merger, the Company changed its fiscal year end to December
31.

Nature of Operations
--------------------

The Company packages motion pictures and other entertainment events and
distributes them to the television and cable industry.

                                       6
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)



Use of Estimates
----------------

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and judgments that
affect the reported amounts of assets, liabilities, revenues and expenses and
related disclosures. On an ongoing basis, the Company evaluates its estimates
and judgments based on historical experience and various other factors that are
believed to be reasonable under the circumstances. Actual results may differ
from these estimates under different assumptions or conditions.

Revenue Recognition
-------------------

In accordance with SOP 00-2, revenue from the distribution of motion pictures
and other entertainment events is recorded when the material is available for
telecasting by the licensee and when other conditions are met. License
agreements for the telecast of motion pictures and other entertainment events
are routinely entered into in advance of their available date for telecast. Cash
received in connection with such contractual rights for which revenue is not yet
recognizable is classified as deferred revenue. Because deferred revenue
generally relates to contracts for the licensing of motion pictures and other
entertainment events which have already been produced, the recognition of
revenue for such completed products is principally only dependent upon the
commencement of the availability period for telecast under the terms of the
related licensing agreement.

The Company routinely advances participations to producers of motion pictures
and entertainment events. According to SOP 00-2, these costs are charged to
operations over their estimated revenue streams.

Cash and Cash Equivalents
-------------------------

The Company considers all highly liquid investments purchased with original
maturities of three months or less to be cash equivalents.

Concentration of Credit Risk
----------------------------

The Company places its cash in what it believes to be credit-worthy financial
institutions. However, cash balances may exceed FDIC insured levels at various
times during the year.

Accounts Receivable
-------------------

For financial reporting purposes, the Company utilizes the allowance method of
accounting for doubtful accounts. The Company performs ongoing credit
evaluations of its customers and, if required, maintains an allowance for
potential credit losses. The allowance is based on an experience factor and
review of current accounts receivable. Uncollectible accounts are written off
against the allowance accounts when deemed uncollectible.


                                       7
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)



Accounts receivable are recorded at a discount since license agreements consist
of payments made over a time period generally ranging between 18 and 36 months.
The discount rate used is reflective of the perceived risk of future cash flows.
The Company recognizes interest income as the contract period passes.

Property and Equipment
----------------------

Property and equipment are stated at cost. Depreciation is provided for in
amounts sufficient to relate the cost of depreciable assets to operations over
their estimated service lives, primarily on a straight-line basis.

Maintenance and repairs are charged to expense as incurred; additions and
betterments are capitalized. Upon retirement or sale, the cost and related
accumulated depreciation of the disposed assets are removed and any resulting
gain or loss is credited or charged to operations.

Fair Value of Financial Instruments
-----------------------------------

The Company's financial instruments consist of cash, accounts receivable,
marketable securities, deferred charges, advances to former parent, accounts
payable, deferred revenue, deferred income taxes and convertible note. The
carrying amounts of cash, accounts receivable, accounts payable, deferred
revenue, deferred income taxes and convertible note approximate fair value due
to the highly liquid nature of these short-term instruments at June 30, 2003.

Income Taxes
------------

Income taxes are accounted for in accordance with Statement of Financial
Accounting Standards ("SFAS") No. 109, "Accounting for Income Taxes." The
statement employs an asset and liability approach for financial accounting and
reporting of deferred income taxes. Generally, SFAS 109 allows for recognition
of deferred tax assets in the current period for the future benefit of net
operating loss carry forwards and items for which expenses have been recognized
for financial statement purposes but will be deductible in future periods. A
valuation allowance is recognized, if on the weight of the available evidence it
is more likely than not that some portion or all of the deferred tax assets will
not be realized.

Advertising Costs
-----------------

Advertising costs are charged to operations when incurred and are included in
selling, general and administrative expenses.

For the six months ended June 30, 2003, and for the six months ended June 30,
2002, advertising costs were negligible.



                                       8
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)



Income/Loss per Share Computation
---------------------------------

Income/loss per share is computed in accordance with Statement of Financial
Accounts Standards ("SFAS") No. 128, "Earnings Per Share." Basic earnings per
share is computed by dividing net income/loss by the weighted average number of
common shares outstanding. Diluted earnings per share includes the weighted
average number of common shares and common share equivalents during the period.
Dilutive common share equivalents consist of dilutive convertible securities
using the if-converted method.

Stock-Based Compensation
------------------------

The FASB's SFAS No. 123, "Accounting for Stock-Based Compensation" encourages,
but does not require, companies to record compensation cost for stock-based
employee compensation plans at fair value. The Company has chosen to account for
stock-based compensation using the intrinsic value method prescribed in
Accounting Principles Board Opinion No. 25, "Accounting for Stock Issued to
Employees," and related interpretations. Accordingly, compensation cost for
stock options is measured as the excess, if any, of the quoted market price of
the Company's stock at the date of the grant over the amount an employee must
pay to acquire the stock. Although there are 250,000 share options for each of
two employees outstanding, no options have been exercised, nor shares issued
during the periods present, which would be subject to the provisions of
applicable accounting standards.

Investment In Equity Securities
-------------------------------

The Company accounts for its investments in equity securities under the
provisions of SFAS No. 115, "Accounting for Certain Investments in Debt and
Equity Securities". This standard provides that available-for-sale investments
in securities that have readily determinable fair values be measured at fair
value in the balance sheet and that unrealized holding gains and losses for
these investments be reported in a separate component of stockholders' equity
until realized.

New Accounting Standards
------------------------

The Financial Accounting Standards Board (FASB) issued several pronouncements
and interpretations and the Securities and Exchange Commission (SEC) issued
several Staff Accounting Bulletins (SAB). Certain of these pronouncements may
have future applicability.

In December 1999, the SEC issued SAB No. 101, "Revenue Recognition in Financial
Statements." SAB 101 summarizes certain areas of the SEC's views in applying
generally accepted accounting principles to revenue recognition in financial
statements. The Company believes that its current revenue recognition policies
comply with SAB 101.


                                       9
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)



In June 2001, the Financial Accounting Standards Board issued SFAS No. 141,
"Business Combination." SFAS 141 applies prospectively to all business
combination initiated after June 30, 2001 and to all business combinations
accounted for using the purchase method for which the date of acquisition is
July 1, 2001, or later. This statement requires all business combinations to be
accounted for using one method, the purchase method. The adoption of SFAS No.141
is not expected to have a significant impact on the Company's financial
statements.

In June 2001, FASB issued SFAS 142 "Goodwill and Other Intangible Assets."
SFAS142 requires that all goodwill and indefinite lived intangible assets,
including those acquired before initial application of SFAS 142, no longer be
amortized systematically but rather be tested for impairment at least annually.
SFAS 142 is effective for fiscal years beginning after December 15, 2001 and has
been adopted by the Company. Management reviews, on an annual basis, the
carrying value of goodwill in order to determine whether impairment has
occurred. Impairment is based on several factors including the Company's
projection of future undiscounted operating cash flows. If an impairment of the
carrying value were to be indicated by this review, the Company would adjust the
carrying value of goodwill to its estimated fair value. In August 2001, the FASB
issued SFAS No. 143, "Accounting for Asset Retirement Obligations." The standard
requires entities to record the fair value of the liability for an asset
retirement obligation in the period in which it is incurred. When the liability
is initially recorded, the entity capitalized a cost by increasing the carrying
amount of the related long-lived asset. Over time, the liability is accreted to
its present value each period, and the capitalized cost is depreciated over the
useful life of the related asset. Upon settlement of the liability, an entity
either settles the obligation for its recorded amount or incurs a gain or loss
upon settlement. The standard is effective for fiscal years beginning after June
15, 2002. The adoption of SFAS 143 is not expected to have a material impact on
the Company's financial statements.

In October 2001, the FASB issued SFAS No. 144, "Accounting for the Impairment or
be Disposed Of" and the accounting and reporting provisions of Accounting
Principles Board Opinion No. 30, "Reporting the Results of Operations -
Reporting the Effects of Disposal of a Segment of a Business, and Extraordinary,
Unusual and Infrequently Occurring Events and Transactions," for the disposal of
a "segment of a business" (as previously defined in the Opinion). SFAS No. 144
requires that long-lived assets be measured at the lower of carrying amount or
fair value less cost to sell, whether reported in continuing operations or in
discontinued operations. Therefore, discontinued operations will no longer be
measured at net realizable value or include amounts for operating losses that
have not yet occurred. SFAS No. 144 also broadens the reporting of discontinued
operations to include all components of an entity with operations that can be
distinguished from the rest of the entity and that will be eliminated from the
ongoing operations of the entity in a disposal transaction. The provisions of
SFAS No. 144 are effective for financial statements issued for fiscal years
beginning after December 15, 2001. The adoption of SFAS 144 is expected to have
a material impact on the Company's financial statements.


                                       10
<PAGE>


                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)



In April 2002, the Financial Accounting Standards Board (FASB) issued Statement
of Financial Accounting Standards (SFAS) No. 145, "Rescission of FASB Statements
No. 4, 44, and 64, Amendment of FASB Statement No. 13, and Technical
Corrections." SFAS No. 145 rescinds Statement No. 4, which required gains and
losses from extinguishments of debt to be classified as an extraordinary item,
net of tax. SFAS 145, when adopted, will require applying the criteria of
Accounting Principles Board Opinion No. 30, "Reporting the Results of Operations
- Reporting the Effects of Disposal of a Segment of a Business and
Extraordinary, Unusual and Infrequently Occurring Events and Transactions" in
determining how to classify gains and/or losses resulting from extinguishments
of debt. The effective date of adoption of SFAS No. 145 is for fiscal years
beginning after May 15, 2002. The Company does not expect the adoption of SFAS
No. 145 to have a material effect on its financial position or results of
operations.

In July 2002, FASB issued SFAS No. 146, "Accounting for Costs associated With
Exit or Disposal Activities." This Statement requires the recognition of costs
related to exit or disposal activities at the time they are incurred, rather
than the previously accepted method of recognition of costs related to exit or
disposal activities at the time they are incurred, rather than the previously
accepted method of recognizing such costs at the commitment date of such
activities. SFAS 146 is effective for such activities entered into or modified
after December 31, 2002. The provisions of this statement for assets held for
sale or other disposal generally are required to be applied prospectively after
the adoption date to newly initiated disposal activities and therefore, will
depend on future actions initiated by management. As a result, the Company
cannot determine the potential effects that adoption of SFAS 146 will have on
the financial statements with respect to future disposal decisions, if any.

In December 2002, FASB issued SFAS No. 148, "Accounting for Stock Based
Compensation - Transition and Disclosure," which amended Statement No. 123
"Accounting for Stock Based Compensation." SFAS No. 148 provides for the use of
alternative methods of transition for a voluntary change to the fair value based
method of accounting for stock based compensation. It also amends the disclosure
requirements of Statement No. 123 to require prominent disclosure of the
Company's method of accounting for such compensation and the effect of the
method used on reported results in annual and interim financial statements. SFAS
No. 148 is effective for annual periods ending after December 15, 2002 and
interim periods beginning after December 15, 2002. The Company does not expect
the adoption of SFAS No. 148 to have a material effect on its financial position
or results of operations.

                                       11
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)


NOTE 2 - MARKETABLE SECURITIES

At June 30, 2003 and December 31, 2002 marketable securities classified as
available-for-sale are comprised as follows:

Common Stock
------------
                                                June 30, 200  December 31, 2002
                                                ------------  -----------------

Marketable Securities, at Cost                    $    --        $38,262
Marketable Securities, at Fair Value                   --         27,454
                                                  -------        -------
                                                       --         10,808
                                                  =======        =======

The marketable securities were sold in March, 2003.

NOTE 3 - ADVANCES TO DCI TELECOMMUNICATIONS, INC.

Advances to affiliated company consist of the following:

Advances                                                   $ 1,670,268
Tax credit due to affiliated company                          (457,357)
                                                           -----------
                                                             1,212,911
Less:  impairment                                           (1,212,911)
                                                           -----------
                                                           $        --
                                                           ===========

On February 26, 2003, DCI Telecommunications, Inc. filed a Chapter 7 petition in
the United States Bankruptcy Court. As a result, the entire balance due was
deemed to be uncollectible, and therefore, written off at December 31, 2002.

NOTE 4 - PROPERTY AND EQUIPMENT

Property and equipment consist of the following:

                                            June 30, 2003   December 31, 2002
                                            -------------   -----------------

Furniture, fixtures and equipment              $ 80,725        $ 80,725
Auto                                             30,891          30,891
                                               --------        --------
                                                111,616         111,616
Less:  accumulated depreciation                 111,616         108,643
                                               --------        --------
Property and equipment (net)                   $     --        $  2,973
                                               ========        ========



                                       12
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)



NOTE 5 - GOODWILL

Goodwill                                                     $ 1,634,436
Less:  accumulated amortization                                  290,556
                                                             -----------
Balance at December 31, 2001                                   1,343,880
Less:  impairment                                             (1,133,880)
                                                             -----------
Balance at December 31, 2002 and
June 30, 2003                                                $   210,000
                                                             ===========

The goodwill arises from the acquisition of Muller Media, Inc. by DCI, the
former parent company of Muller Media, Inc. The acquisition was accounted for as
a purchase, effective June 9, 1998, upon the last payment by DCI. Cost in access
of net assets acquired was recorded on Muller's books at $1,634,436 and is being
amortized over 20 years. Amortization expense for the nine months ended December
31, 2001 was $61,291.

In accordance with SFAS No. 142, "Goodwill and Other Intangible Assets," the
Company will not amortize goodwill, but will instead evaluate it for impairment
on a periodic basis. As of December 31, 2002, the Company's management had
determined that an impairment had occurred. Accordingly, the Company valued its
goodwill using the market value method.

NOTE 6 - CONVERTIBLE NOTE

In connection with the merger with and into BTS, the Company issued a $300,000
convertible note for cash proceeds equal to the face amount. The note bears
interest at 10% per year and is payable in three installments with interest,
$75,000 on April 20, 2002, $100,000 on July 31, 2002 and $125,000 on October 31,
2002. The note is convertible, at any time, at the option of the holder. The
conversion price is $0.50 per share, subject to adjustment for stock splits,
stock dividends, recapitalization, etc. If the Company defaults in the payment
of principal or interest when due, and such default is not cured within five
calendar days following notice, then the Company shall issue to the holder,
within five calendar days after demand, two million shares of Common Stock of
the Company and the conversion price will be reduced by 50%.

                                       13
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)



The Company has attributed $300,000 to the beneficial conversion feature of the
note and this amount has been reported as financing expense in the income
statement for the nine months ended December 31, 2001.

In September 2002, the note holder filed a complaint against the Company
alleging that the Company is in breach of the note due to nonpayment. The
Company has asserted a counterclaim against the plaintiff based on
irregularities with the merger described above. The plaintiff is seeking damages
representing the unpaid principal balance of the note plus interest accrued. The
Company's legal counsel believes that the Company will be able to assert
meritorious defenses to this action and believes the action can be settled for
less than the damages claimed.

In August, 2003 the Company and the note holder reached an agreement, subject to
the court's approval in which the Company will issue the note holder 85,556
common shares in exchange for the forgiveness of the remaining principal balance
on the note and the accrued interest.

NOTE 7 - DEFINED BENEFIT PLAN

The Company's defined benefit plan was terminated, effective November 30, 2001,
and the plan assets were distributed to the participants as of December 31,
2001. There were no contributions due in 2002 or 2003.

NOTE 8 - COMMITMENTS AND CONTINGENCIES

Operating Leases
----------------

The Company leases office space under a non-cancelable operating lease expiring
on June 30, 2004. Minimum future lease commitments under this lease are as
follows:

                       Year                  Amount
                       ----                  ------

                  June 30, 2004             $ 73,836
                                            ========
Employment Agreements
---------------------

The Company has entered into employment agreements as follows:

a)       Two five-year agreements, each providing for an annual salary of
         $125,000, expiring November 2006.

b)       A three-year agreement, providing for an annual salary of $275,000,
         expiring June


                                       14
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)

     2004. In June, 2003 this agreement was terminated by both parties and as a
     result the Company no longer has any obligations under this agreement.

c)       A one-year agreement providing for an annual salary of $104,000,
         expiring December, 2003. This agreement was terminated by both parties
         in July 2003 and as a result the Company no longer has any obligations
         under this agreement.

d)       A two year agreement for merger and acquisition consulting services in
         the amount of $196,000 annually, expiring October 1, 2004, renewable on
         an annual basis thereafter

NOTE 9 - CAPITAL STOCK

a)       The Company is authorized to issue 5,000,000 shares of $.001 par value
         Preferred Stock, none of which were outstanding at June 30, 2003.

b)       On November 12, 2001, BTS issued 10,000,000 shares (pre-stock split of
         20:1) of $.001 par value common stock for all the shares of Muller.
         Before the transaction, there were 2,200,750 shares of BTS outstanding.
         After the transaction, the ownership of BTS was as follows:

         Original shareholders                2,200,750             18%
         DCI Telecomunications, Inc.         10,000,000             82%
                                             ----------     ----------
                                             12,200,750            100%
                                             ==========     ==========

         As of June 30, 2003, DCI Telecommunications, Inc. owned approximately
         70% of the Company's outstanding common shares.

         Because the parent of Muller obtained control of BTS, the transaction
         would normally be considered a purchase by Muller. However, since BTS
         is not a business, the transaction is accounted for as a
         recapitalization of Muller and the issuance of stock by Muller
         represented by the outstanding shares of BTS) for the assets and
         liabilities of BTS. The value of the net assets is the same as their
         historical book value.

c)       On November 12, 2001, the Company issued 975,000 shares (pre-stock
         split of 20:1) of $0.001 par value common stock in consideration for
         services rendered in connection with the merger. These shares have been
         valued at this fair value of $117,550 and recorded as a cost of the
         merger and charged to additional paid-in capital.

         The Company, under a non-qualified stock option plan, also established
         a total of 500,000 share options to two key employees, as part of their
         employment contracts, on that same date. The Company accounts for stock
         options under APB Opinion No. 25 entitled Accounting for Stock issued
         to employees, under which no compensation expense is required. As of
         August 19, 2003 these options were not exercised.

d)       On December 19, 2002, the Company effected a 1 for 20 reverse common
         stock split. At that time, the outstanding shares decreased from
         14,272,750 to 713,642 and the par value increased from $.001 to $.02.

On December 30, 2002, the Company's Articles of Incorporation were amended to
increase the authorized shares of common stock to 500,000,000 from 20,000,000,
with a par value of $.001.

                                       15
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)



NOTE 10 - WARRANTS

As part of the cost of the merger described in Note 1, the Company also issued
an aggregate of 115,000 (post-stock split) common stock purchase warrants,
60,000 (post-stock split) warrants have an exercise price of $2.50 (post-stock
split) and the remaining 55,000 (post-stock split) warrants have an exercise
price of $0.50 (post-stock split). All of the warrants are exercisable through
November 12, 2006. In April 2002, 297,000 warrants were exercised at an exercise
price of $.025.

NOTE 11 - INCOME TAXES

The Company's former parent filed a consolidated return which includes the
Company's operating results. The income tax provision below is calculated on a
company stand -alone basis.

The components of the provision for income taxes are as follows:
<TABLE>
<CAPTION>

                                            Three Months  Three Months   Six Months    Six Months
                                               Ended         Ended         Ended         Ended
                                              June 30,      June 30,      June 30,      June 30,
                                                 2003         2002          2003         2002
                                             -----------     -------     ----------     -------
<S>                                          <C>             <C>         <C>            <C>
Current tax (benefit) expense
      Federal                                $        --     $21,918     $       --     $11,741
      State and Local                                 --       6,627             --       3,508
                                             -----------     -------     ----------     -------
                           Total current              --      28,545             --      15,249

Deferred tax expense
      Federal                                         --          --             --          --
      State and Local                                 --          --             --          --
                                             -----------     -------     ----------     -------
                          Total deferred              --          --             --          --
                                             -----------     -------     ----------     -------
Total tax (benefit) provision                $        --     $28,545     $       --     $15,249
                                             ===========     =======     ==========     =======
</TABLE>

In the period ended June 30, 2003 the Company had no tax benefits because there
were no carry forward losses to be realized.


                                       16
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)



A reconciliation between the federal statutory tax rate and the effective income
tax rate is as follows:

Statutory federl income tax rate                  22%               34%
Non-deductible expenses                            -                 5%
State and local income taxes,                     11%               11%
 net of federal taxes                             --                --
Effective income tax rate                         33%               50%
                                                  ==                ==

NOTE 12 - ECONOMIC DEPENDENCY

The Company counts among its customers various broadcast and network television
stations in several markets throughout the country. Its top three customers
accounted for approximately 76% of its license agreements executed in 2003,
while one customer accounted approximately 36% of license agreements executed.

NOTE 13 - COMMITMENTS AND CONTINGENCIES

In addition to the legal action described in Note 6, the Company is party to the
following lawsuits:

a)       On April 26, 2002, Sherman LLC initiated a lawsuit styled Sherman LLC
         v. DCI Telecommunications and Muller Media, Inc., in the United States
         District Court for the Southern District of New York under docket
         number 02 Civ. 3258 (BSJ). On May 8, 2002, the Company entered into a
         stipulation in which it agreed to a preliminary injunction, pursuant to
         which the Company is enjoined from making or permitting to be made any
         transfer, sale, distribution, pledge or other disposition of any
         Company stock owned or controlled by DCI, and from causing any
         transfer, sale, distribution pledge or other disposition of any Company
         assets except to the extent necessary to conduct the ordinary course of
         business of the Company, without permission of the Court.


                                       17
<PAGE>

                               MULLER MEDIA, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2003
                                   (Continued)


b)       On February 6, 2003, Sherman LLC brought an additional action in the
         United States District Court for the Southern District of New York,
         under docket number 03 Civ. 855 (LBS), against the Company and DCI.
         Joseph Murphy, Clifford Postelnik, and John Adams were also named as
         defendants. The complaint in that action alleges various causes of
         action against the Company and the individual defendants for fraudulent
         conveyance and aiding and abetting breaches of fiduciary duty. The
         plaintiff also sought an injunction, preventing the Company from
         implementing its "2003 Directors, Officers and Consultants - Stock
         Options, Stock Warrants and Stock Award Plan."

         On July 21, 2003 judgment was rendered in favor of Muller Media denying
         the request by Sherman LLC for sanctions and punitive damages against
         the Company and the individual defendants.

NOTE 14 - GOING CONCERN

The events of September 11, 2000 and the corresponding economic downturn
resulted in a massive reduction in advertising revenues earned by broadcast and
network television stations. This decline in revenue has caused many television
stations and network programmers to change their content away from diffusion of
feature films to other broadcast formats.

Muller Media is totally dependent upon revenue from the syndication of feature
films to free television networks, cable networks as well as independent
stations throughout the United States.

Operating expenses began to outpace revenues from the syndication of the feature
films and in a strategic move to curb operating losses Muller Media has
terminated and or laid off all employees to reduce expenses due to the decline
in revenues earned by the Company.

Since Muller Media Inc no longer has any operating employees, the Board of
Directors is exploring involvement in other business ventures that may restore
the company to profitable opportunities. Likewise, its primary supplier has
terminated all licensing agreements such that the Muller Media has no saleable
product to offer in its marketplace.

The Company is also operating under restrictions imposed upon it by a Temporary
Restraining Order discussed in the past 10Q for the quarter ending March 31,
2003 which impeded its ability to obtain additional financing so as to increase
its product offerings as well change its dependency upon one particular supplier
that accounted for the vast majority of its revenue. On July 21st, 2003 judgment
was rendered in favor of Muller Media denying the request by Sherman, LLC for
sanctions and punitive damages against the Company and the individual
defendants.

The litigation with the note holder, VirtualFund.com Inc. is in the process of
being resolved and Muller Media is seeking necessary authorizations such that it
can fulfill settlement terms which requires that Muller Media issue 85556 common
shares to VirtualFund.com Inc. which will resolve said litigation.

The Company anticipates being in position to discharge all trade debts. The
Board of Directors is evaluating merger and opportunities has made it known that
it is a candidate for acquisition and is seeking opportunities with the intent
to return to profitability as well as restore shareholder value.

Without being acquired by a third party prepared to inject capital into the
business there is no possibility for Muller Media to continue in existence.


                                       18
<PAGE>

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF PLAN OF OPERATIONS

a. PLAN OF OPERATION.

Muller Media is in the business of syndication of feature films to free
television networks, cable networks as well as independent stations throughout
the United States.

Primarily Muller represents independent film producers for purposes of
distribution of their product and content to the networks and broadcast
distribution companies. Although Muller has more than 100 feature film under
license at present, most of the current content being offered is licensed from a
single producer.

Muller had forged plans to expand its library of offerings by acquiring
additional film content with the intent of growing both revenue and
profitability. Unfortunately the company has not been able to secure the capital
necessary for the implementation of its plans. The company has suffered
significant losses due to a major downturn in advertising revenues in the
television industry. This decline in revenue has caused many stations to revise
their content from movies to other formats and a reduction in the fees paid for
movie content.

Muller's major supplier of film content has terminated the Company's
distribution rights to its materials. Unless Muller is able to secure financing
for the acquisition of additional movie content, which would enable Muller to
increase its offerings, there is a high degree of probability that the company
will continue to suffer losses in the future.


Slow payments have become the norm in the television industry and this is having
an adverse effect on Muller's cash flow and could cause future financial
problems for the company. Muller has found it necessary to lay off all operating
employees to reduce expenses, due to the decline in revenues. The Board of
Directors is exploring involvement in other business ventures that might engage
the company in profitable opportunities.

b. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS.

Although Muller has been profitable in the past, current events in the industry
have resulted in a loss of ($209,470) for the current quarter versus a loss of
($21,344) for the same period in the prior year. Without capital financing to
provide for expansion of the company's film offerings, it is expected that the
current loss trend will continue.

Muller's former President, Daniel Mulholland has left the employ of the Company
and other staff has been laid off, due to the overall decline in business.



                                       19
<PAGE>



ITEM 3. CONTROLS AND PROCEDURES

The Chief Executive Officer and the Chairman conducted a review of the company's
Disclosure Controls and Procedures on March 19, 2003. Muller Media is a very
small company, with only 7 employees at the time, of which only two were
involved in the recording of financial information. All financial information is
reviewed by an outside C.P.A. and subsequently reviewed by the Chairman, CEO and
President, before dissemination. In the opinion of management the controls in
place at the time of this review were satisfactory to comply with current
regulations. A further review was done by the Board of Directors on April 17,
2003 and a decision was made to require two signatures on all checks, prior to
issue to insure sufficient review and control of corporate expenditures.

Prior to the filing of this amended report, a subsequent review was undertaken
by the Chief Executive Officer and the Chairman on June 10, 2003 and certain
changes were made in the internal review process, due to changes in personnel.
At that time, the company had only 5 employees. It is management's opinion that
the revised review process continues to meet current regulations.

                          PART II - OTHER INFORMATION

ITEM 5. OTHER INFORMATION

Daniel Mulholland has resigned as President of Muller Media, Inc. and other
sales staff has been laid off due to the overall decline in business.
Subsequently, Screen Media Ventures, LLC, the Company's primary supplier of film
content revoked Muller's license to sell their products and has activated a
security lien on the company's receivables, in accordance with their contract
provisions.

ITEM 6. EXHIBITS

        Exhibit 31.1     Section 302 Certification
        Exhibit 31.2     Section 302 Certification

        Exhibit 32.1     Section 906 Certification
        Exhibit 32.2     Section 906 Certification


                                       20
<PAGE>

                                   SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


Date:  August19, 2003                  Muller Media, Inc.

                                     /s/ John J. Adams
                                     ---------------------
                                     Chairman of the Board

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


Date:  August 19, 2003                  Muller Media, Inc.

                                     /s/ Clifford Postelnik
                                     -------------------------------
                                     Chief Executive Officer



                                       21