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, 2002
--------------------------------------------------------------------------------
[ ]  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 [ ]

                                        1

<PAGE>


Common Stock, $0.001 par value per share, 20,000,000 shares authorized,
13,475,750 issued and outstanding as of June 30, 2002.  Preferred
Stock, $0.001 par value per share, 5,000,000 shares authorized, no
Preferred Stock issued nor outstanding as of June 30, 2002.


Traditional Small Business Disclosure Format (check one) Yes [ ] No [X]

                                       2

<PAGE>

PART I.  FINANCIAL INFORMATION

Item 1.   Financial Statements.................................   4
          Independent Accountant's Report......................   5
          Balance Sheets......................................    6
          Statements of Operations............................... 7
          Statement of Comprehensive Income (Loss)............... 8
          Statements of Cash Flows..............................  9
          Notes to Financial Statements........................ 10-21

Item 2.  Management's Discussion and Analysis of Plan
         of Operation.........................................   22

PART II. OTHER INFORMATION

Item 1.   Legal Proceedings...................................   28

Item 2.   Changes in Securities and Use of Proceeds...........   28

Item 3.   Defaults upon Senior Securities.....................   28

Item 4.   Submission of Matters to a Vote
          of Security Holders.................................   28

Item 5.   Other Information....................................  28

Item 6.   Exhibits and Reports on Form 8-K.....................  28

Signatures.....................................................  29



                                       3

<PAGE>


PART I. FINANCIAL INFORMATION

ITEM 1.  Financial Statements

As prescribed by Item 310 of Regulation S-B, the independent accountants
have reviewed these unaudited interim financial statements of the
registrant for the six months ended June 30, 2002.  The financial
statements reflect all adjustments which are, in the opinion of management,
necessary to a fair statement of the results for the interim period presented.
The unaudited financial statements of registrant for the six months ended
June 30, 2002, follow.


                                      4
<PAGE>


                        INDEPENDENT ACCOUNTANTS? REPORT

TO THE STOCKHOLDERS AND BOARD OF DIRECTORS MULLER MEDIA, INC.

We  have  reviewed  the  accompanying balance sheet of Muller Media, Inc. as of
June 30, 2002, and the related  statements  of operations, comprehensive income
(loss) and cash flows for the six months then ended.  These financial statements
are the responsibility of the Company?s management.

We  conducted  our  review  in  accordance  with standards established  by  the
American  Institute  of  Certified Public Accountants.   A  review  of  interim
financial information consists principally of applying analytical procedures to
financial data and making  inquiries  of  persons responsible for financial and
accounting matters.  It is substantially less  in scope than an audit conducted
in accordance with auditing standards generally  accepted  in the United States
of  America,  the objective of which is the expression of an opinion  regarding
the financial statements taken as a whole.  Accordingly, we do not express such
an opinion.

Based on our review, we are not aware of any material modifications that should
be made to the  accompanying  financial statements for them to be in conformity
with accounting principle generally accepted in the United States of America.

We have audited, in accordance  with  auditing  standards generally accepted in
the United States of America, the balance sheet as  of  December  31, 2001, and
the  related statements of income, comprehensive income, stockholders?  equity,
and cash  flows  for  the  year  then  ended (not presented herein); and in our
report dated February 22, 2002, we expressed  an  unqualified  opinion on those
consolidated financial statements.

In our opinion, the information set forth in the accompanying condensed balance
sheet  as  of  December  31, 2001 is fairly stated in all material respects  in
relation to the balance sheet from which it has been derived.

                             MERDINGER, FRUCHTER, ROSEN & COMPANY, P.C.
                             Certified Public Accountants

New York, New York
August 15, 2002

                                       5
<PAGE>


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

BALANCE SHEETS
                                                         June 30,   December 31,
                                                           2002         2001
                                                       ------------ ------------
     ASSETS                                             (Unaudited)   (Audited)
<S>                                                    <C>          <C>
Current assets
 Cash and cash equivalents                             $  1,071,840 $    952,906
 Accounts receivable, net of allowance for
  doubtful accounts of $76,047 and $52,582, respectively  2,526,410    1,925,678
 Securities available for sale                               38,640       38,934
 Prepaid expenses                                             7,405       27,723
                                                       ------------ ------------
   Total current assets                                   3,644,295    2,945,241

Property and equipment, less accumulated
  depreciation and amortization                               3,707        2,038

Accounts receivable, non-current                            934,425      497,621
Deferred charges - payments to producers                          -      197,681
Deferred tax asset                                            6,703       14,633
Advances to former parent company                           955,670      877,259
Goodwill, less accumulated amortization of $290,556       1,343,880    1,343,880
Deposit                                                       7,500        7,500
                                                       ------------ ------------
   TOTAL ASSETS                                        $  6,896,180 $  5,885,853
                                                       ============ ============

LIABILITIES AND STOCKHOLDERS? EQUITY

Current liabilities
 Accounts payable and accrued expenses                 $     20,169 $     60,420
 Accrued income taxes                                       290,454      313,633
 Due to producers                                           503,927      192,055
 Deferred revenue, current portion                        2,015,662    1,521,531
 Convertible note                                           225,000      300,000
                                                       ------------ ------------
   Total current liabilities                              3,055,212    2,387,639

Deferred revenue, less current portion                      811,160      734,925
                                                       ------------ ------------
   Total liabilities                                      3,866,372    3,122,564
                                                       ------------ ------------
Commitments and contingencies                                     -            -
Stockholders? equity
 Preferred stock, $.001 par value; 5,000,000 shares
   authorized, no shares issued and outstanding                   -            -
 Common stock, $.001 par value; 20,000,000 shares
   authorized; 13,475,750 and 13,175,750 issued
   and outstanding, respectively                             13,476       13,176
 Additional paid-in capital                               2,079,740    1,804,710
 Retained earnings                                          947,022      955,539
 Unrealized loss on marketable securities                  (10,430)     (10,136)
                                                       ------------ ------------
   Total stockholders? equity                             3,029,808    2,763,289
                                                       ------------ ------------
   TOTAL LIABILITIES AND STOCKHOLDERS? EQUITY          $  6,896,180 $  5,885,853
                                                       ============ ============
</TABLE>

                See accompanying notes and accountants? report.

                                      6

<PAGE>

                              MULLER MEDIA, INC.
                           STATEMENTS OF OPERATIONS
           FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2002 AND 2001
<TABLE>
<CAPTION>

STATEMENTS OF OPERATIONS
                                     Three Months Ended      Six Months Ended
                                          June 30,               June 30,
                                    ---------------------  ---------------------
                                       2002       2001        2002       2001
                                    ---------- ----------  ---------- ----------
                                    (Unaudited)(Unaudited)(Unaudited)(Unaudited)
<S>                                 <C>        <C>         <C>        <C>
Revenue                             $  691,292 $2,080,101  $2,379,967 $2,355,160
Cost of revenue - producers? fees      432,408  1,459,912   1,354,141  1,633,502
                                    ---------- ----------  ---------- ----------
Net revenue                            258,884    620,189   1,025,826    721,658
                                    ---------- ----------  ---------- ----------
Operating expenses
  Selling, general and administrative  386,398    248,636   1,118,041    594,987
  Depreciation and amortization            143     10,215         333     20,430
  Bad debt                               7,196          -      42,729    102,386
                                    ---------- ----------  ---------- ----------
     Total operating expenses          393,737    258,851   1,161,103    717,803
                                    ---------- ----------  ---------- ----------
Income (loss) from operations         (134,853)   361,338    (135,277)     3,855

Other income (expenses)
  Interest income                       92,182     93,995     129,932    234,041
  Interest expense                      (7,642)          -    (18,421)         -
                                    ---------- ----------  ---------- ----------
     Total other income                 84,540     93,995     111,511    234,041
                                    ---------- ----------  ---------- ----------
Income (loss) before income taxes      (50,313)   455,333     (23,766)   237,896
Income tax (provision) benefit          28,545   (206,800)     15,249  (113,800)
Cumulative effect of change in
  accounting principle                       -          -           -  (448,061)
                                    ---------- ----------  ---------- ----------
Net income (loss)                   $ (21,768) $  248,533  $  (8,517) $(323,965)
                                    ========== ==========  ========== ==========
Net income (loss) per common share
  - basic and diluted               $        - $    2,485 $         - $  (3,240)
                                    ========== ==========  ========== ==========

Weighted average common shares
  - basic                           13,475,750        100  13,395,641        100
                                    ========== ==========  ========== ==========
  - diluted                         15,473,689        100  15,393,580        100
                                    ========== ==========  ========== ==========
</TABLE>

            See accompanying notes and accountants? report.

                                     7

<PAGE>
                              MULLER MEDIA, INC.
                   STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

<TABLE>
<CAPTION>

STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

                                     Three Months Ended      Six Months Ended
                                          June 30,               June 30,
                                    ---------------------  ---------------------
                                       2002       2001        2002       2001
                                    ---------- ----------  ---------- ----------
                                    (Unaudited)(Unaudited)(Unaudited)(Unaudited)
<S>                                 <C>        <C>         <C>        <C>
COMPREHENSIVE INCOME
Net income (loss)                   $ (21,768) $  248,533  $  (8,517) $(323,965)
Net unrealized gain (loss) on
  Securities available for sale            504        840       (294)        840
                                    ---------- ----------  ---------- ----------

Comprehensive income (loss)         $ (21,264) $  249,373  $  (8,811) $(323,125)
                                    ========== ==========  ========== ==========
</TABLE>















                See accompanying notes and accountants? report.

                                      8

<PAGE>


                              MULLER MEDIA, INC.
                           STATEMENTS OF CASH FLOWS
                           FOR THE SIX MONTHS ENDED

<TABLE>
<CAPTION>

STATEMENTS OF CASH FLOWS

                                                               June 30,
                                                      --------------------------
                                                          2002          2001
                                                      ------------  ------------
<S>                                                   <C>           <C>
CASH FLOWS FROM OPERATING ACTIVITIES                  (Unaudited)   (Unaudited)
 Net (loss)                                           $    (8,517)  $  (323,965)
Adjustments to reconcile net loss to net
  cash provided by operating activities:
   Depreciation and amortization                               333       20,430
   Bad debt expense                                         42,729      102,386
   Issuance of common stock for services                   275,330            -
 (Increase) decrease in assets:
   Accounts receivable                                 (1,080,265)    1,308,726
   Prepaid expenses                                         20,318            -
   Deferred charges                                        197,681    (180,336)
   Deferred tax asset                                        7,930            -
 Increase (decrease) in liabilities:
   Accounts payable and accrued expenses                  (40,251)       10,728
   Due to producers                                        311,872  (3,490,515)
   Accrued income taxes                                   (23,179)  (1,198,770)
   Deferred revenue                                        570,366    3,902,202
                                                      ------------  -----------
Net cash provided by operating activities                  274,347      150,886
                                                      ------------  -----------

CASH FLOWS FROM INVESTING ACTIVITIES:
 Increase in property and equipment                        (2,002)            -
 Advances to affiliated company                          (128,091)    (185,453)
                                                      ------------  -----------
Net cash used in investing activities                    (130,093)    (185,453)
                                                      ------------  -----------

CASH FLOWS FROM FINANCING ACTIVITIES:
 Payment of convertible note                              (25,320)            -
                                                      ------------  -----------

NET INCREASE (DECREASE) IN CASH                            118,934     (34,567)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD            952,906    1,412,334
                                                      ------------  -----------
CASH AND CASH EQUIVALENTS - END OF PERIOD             $  1,071,840  $ 1,377,767
                                                      ============  ===========

SUPPLEMENTAL CASH FLOW INFORMATION:
 Cash paid for -
   Interest                                           $     18,421  $         -
                                                      ============  ===========
   Income taxes                                       $          -  $         -
                                                      ============  ===========

</TABLE>

               See accompanying notes and accountants? report.

                                      9


<PAGE>


                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002

NOTE 1 -   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

           Organization
           ------------
           Muller  Media, Inc. was originally incorporated on February 1,  1982
           in New York  State  and,  subsequently,  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
           shares of common stock of DCI.

           Pursuant  to  the  Agreement  and Plan of Merger by and among Muller
           Media, Inc. (?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  (?Selling  Shares?),  of  BTS common
           stock,  accounting for 82% of BTS? issued and stock after the  sale.
           As part of  the  cost  of  the  merger,  the  Company also issued an
           aggregate  2,3000,000  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?  shares.   As  a  result  of   this
           transaction,  DEC  acquired and exercised control over a majority of
           the  BTS  shares.   Accordingly,   for   accounting   purposes,  the
           transaction   has   been  treated  as  recapitalization  of  Muller;
           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.
                   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  stations and cable networks.

                                       10
<PAGE>


                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002


NOTE 1 -   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

           Use of Estimates
           ----------------
           The   preparation   of   financial  statements  in   conformity  with
           accounting principles generally  accepted  in  the  United States of
           America  requires  management to make estimates and assumptions that
           affect the reported amounts of assets and liabilities and disclosure
           of contingent assets  and  liabilities  at the date of the financial
           statements and the reported amounts of revenues  and expenses during
           the  reporting  period.   Actual  results  could differ  from  those
           estimates.

           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.

           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 it 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.





                                      11

<PAGE>

                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002

NOTE 1 -   SUMMARY OF SIGNIFIICANT ACCOUNTING POLICIES (Continued)

           Accounts Receivable
           -------------------
           License contracts,  generally  ranging  from  24  to  36 months, are
           discounted  at a risk-free rate of interest to their present  value.
           Discount on these  licenses  is  amortized  over  the  lives  of the
           contracts and included in interest income.

           For financial reporting purposes, the Company utilizes the allowance
           method  of  accounting  of  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 accounts receivable.
           Uncollectible  accounts  are  written   off  against  the  allowance
           accounts when deemed uncollectible.

           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
           operation.

           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, 2002 and
           December 31, 2001.








                                     12

<PAGE>


                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002

NOTE 1 -   SUMMARY OF SIGNIFIICANT ACCOUNTING POLICIES (Continued)

           Goodwill
           --------
           In  July  2001,  the Financial Accounting Standards  Board  (?FASB?)
           issued Statement of Financial Accounting Standards No. 142 (?SFAS?),
           which requires companies  to  stop  amortizing  goodwill and certain
           intangible assets with an indefinite useful life.  Instead, goodwill
           and intangible assets deemed to have an indefinite  useful life will
           be  subject to annual review for impairment.  The new  standard  was
           effective  for Muller Media, Inc. in the first quarter of 2002.  The
           company will  perform its annual impairment review during the fourth
           quarter of each year, commencing in the fourth quarter of 2002.

           Income Taxes
           ------------
           Provisions for income taxes are based on taxes payable or refundable
           for the current  year  and  deferred  taxes on temporary differences
           between the amount of taxable income and pretax financial income and
           between  the tax bases of assets and liabilities  and  the  reported
           amounts in  the  financial  statements.   Deferred  tax  assets  and
           liabilities  are  included  in the financial statements at currently
           enacted income tax rates, applicable  to  the  period  in  which the
           deferred tax assets and liabilities are expected to be realized, or
           settled as  prescribed  by SFAS No. 109, ?Accounting for Income
           Taxes.?   As changes in tax laws  or  rates  are enacted, deferred
           tax assets and liabilities are adjusted through the provision for
           income taxes.

           Earnings Per Share
           ------------------
           SFAS No. 128, ?Earnings Per Share?  requires  presentation  of basic
           earnings  per  share  (?Basic  EPS)  and  diluted earnings per share
           (?Diluted EPS?).







                                     13

<PAGE>


                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002



NOTE 1 -   SUMMARY OF SIGNIFICIANT ACCOUNTING POLICIES (Continued)

           Earnings Per Share (continued)
           ------------------------------
           The computation of basic earnings per share  is computed by dividing
           earnings  available to common stockholders by the  weighted  average
           number of outstanding  common  during the period.  Diluted EPS gives
           effect to all dilutive potential  common  shares  outstanding during
           the period.

           Investment in Equity Securities
           -------------------------------
           The Company accounts for its investments in equity  securities under
           the provision 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.

           Interim Financial Statements
           ----------------------------
           The  accompanying  financial  statements  are  unaudited but, in the
           opinion  of management, contain all the adjustments  (consisting  of
           those of a  normal recurring nature) considered necessary to present
           fairly the financial position and the results of operations and cash
           flows  for the  periods  presented  in  conformity  with  accounting
           principles  generally  accepted  in  the  United  States  of America
           applicable  to  interim  periods.   Results of the six months ended
           June 30, 2002 are not necessarily indicate of results to be expected
           for  the  full year  ending  December 31, 2002.    The accompanying
           financial statements should be read in conjunction  with the audited
           financial statements of Muller Media, Inc.,  included in its annual
           report of Form 10-KSB for the transition period from April 2001  to
           December 31, 2001.




                                     14

<PAGE>


                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002


NOTE 2 -   MARKETABLE SECURITIES

           Marketable securities classified as available-for-sale are comprised
           as follows:

<TABLE>
<CAPTION>

                                    June 30,        December 31,
                                      2002              2001
                                 ------------     ---------------
<S>                              <C>              <C>
Common stock
  Market securities, at cost     $     49,070     $        49,070
  Fair value                           38,640              38,934
                                 ------------     ---------------
  Unrealized loss                $   (10,430)     $      (10,136)
                                 ============     ===============
</TABLE>


NOTE 3 -   ADVANCES TO AFFILIATED COMPANY

           Advances to former affiliated company consist of the following as
           of:

<TABLE>
<CAPTION>

                                    June 30,        December 31,
                                      2002              2001
                                 ------------     ---------------
<S>                              <C>              <C>
Advances                         $ 1,446,627      $    1,378,216
Tax credit due to affiliated
  company                           (490,957)           (490,957)
                                 ------------     ---------------
                                 $   955,670      $      887,259
                                 ============     ===============

</TABLE>


                                     15

<PAGE>


                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002

NOTE 4 -   PROPERTY AND EQUIPMENT

           Property and equipment consist of the following as of:

<TABLE>
<CAPTION>

                                    June 30,        December 31,
                                      2002              2001
                                 ------------     ---------------
<S>                              <C>              <C>
Furniture,fixtures,and equipment $     78,722     $        78,722
Auto                                   32,894              30,891
                                 ------------     ---------------
                                      111,616             109,613
Less: accumulated depreciation        107,909             107,575
                                 ------------     ---------------
Fixed assets - net               $      3,707     $         2,038
                                 ============     ===============
Depreciation expense             $        333     $           228
                                 ============     ===============
</TABLE>

NOTE 5 -   GOODWILL

           Goodwill as of June 30, 2002 and December 31, 2001 was:

<TABLE>
<CAPTION>

                                    June 30,        December 31,
                                      2002              2001
                                 ------------     ---------------
<S>                              <C>              <C>
Goodwill                         $  1,634,436     $     1,634,436
Less:  accumulated amortization       290,556             290,556
                                 ------------     ---------------
                                 $  1,343,880     $     1,343,880
                                 ============     ===============
</TABLE>

           The goodwill arose from the acquisition of Muller Media, Inc. by
           DCI, the former parent company of Muller Media, Inc.



                                    16

<PAGE>

                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002

NOTE 5 -   GOODWILL (Continued)

           The acquisition was accounted  for  as  a  purchase,  effective June
           1998, upon the last payment.  Cost in access of net assets  acquired
           was recorded on Muller's books at $1,634,436.

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  30,  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
           split,  stock  dividends, recapitalization,  etc.   If  the  Company
           defaults in the  payment of principal of 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%.

           The holder must convert the payments due April 30, 2002 and July 31,
           2002 into shares  of  common  stock of the Company at the conversion
           price   then  in   effect  provided   the  holder  has,  prior  to
           April 30,2002,  sold shares  to the Company's  common stock  to net
           Assets of at least  $250,000, and provided further that at the date
           of such conversion the Company is not in default of any of the terms
           and  conditions of this  Note or any  security agreement  or  other
           agreement executed in connection with this Note. The exercise of any
           warrants or  other  convertible  instruments  will  not  of  itself
           contribute  in  any  way  to  shares  referenced  above,  but  any
           subsequent  sale  of  common shares  obtained as a result  of  such
           conversion or exercise will be applied towards the $250,000.

           On April 30, 2002 the Company  made  a  payment to the holder of the
           convertible note in the amount of $25,320.   The  difference between
           $25,320   and   the  amount  due  of  $75,000  (plus  interest)   of
           approximately $50,800 represented a claim by the company that it was
           overcharged an investment fee by a related party to the note holder,
           in the amount of $50,800, which it offset against the payment due on
           April 30, 2002.

           The Company has obtained  legal  opinion to the effect that the note
           holder  and  associated  and  affiliated   parties   have   breached
           fundamental  obligations  to  the  Company giving rise to offset  as
           compensation for breach of such duties as well as damages that is in
           excess of the amount of the note.  The  Company has advised the note
           holder that the debt has been extinguished by offset and the Company
           does not plan to make any additional payments.

                                      17
<PAGE>


                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002



NOTE 7 -   COMMITMENTS AND CONTINGENCIES

           Operating Leases
           ----------------
           The  Company  leases  office  space  and  has  two   non-convertible
           operating leases that expire on November 30, 2002 and June 30, 2004,
           respectively:

               Year                                        Amount
           -------------                                ------------
           June 30, 2003                                $     75,433
           June 30, 2004                                      72,762

           Employment Agreements
           ---------------------
           The Company has entered into employment agreements as  follows.  Two
           five-year  agreements,  each  providing  for  an  annual  salary  of
           $125,000, expiring November 2006.

           A  three-year  agreement,  provided for an annual salary of $226,000
           expiring June, 2004.

           A renewable one-year agreement  providing  for  an  annual salary of
           $200,000  was not renewed on June 8, 2002 by mutual consent  of  the
           parties.

NOTE 8 -   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 March 31,
           2002.

        b. On  November 12,  2001,  BTS  issued  10,000,000 shares 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:

                                               Shares         Percent
                                             -----------      -------
           Original shareholders               2,200,750         18%
           Former owner of Muller             10,000,000         82%
                                             -----------      -------
                                              12,200,750        100%
                                             ===========      =======


                                     18

<PAGE>


                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002

NOTE 8 -   CAPITAL STOCK (Continued)

           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. In the quarter ended March 31, 2002, the Company  issued  400,000 of
           $0.001  par value common stock for legal and consultant services  to
           be rendered.  The fair value of these shares at the time of issuance
           was $366,060.  During  the  quarter  ended June 30, 2002, 100,000 of
           these  shares  were  returned  to the Company  as  a  result  of  an
           agreement between the holder of  the  shares  and  the Company.  The
           effect  of the return of shares was to reduce selling,  general  and
           administrative expenses by approximately $90,000.

NOTE 9 -   WARRANTS

           As part of  the  cost of the merger described in Note 1, the Company
           also issued an aggregate  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.

NOTE 10 -  INTEREST INCOME

           Interest income consisted of the following for the periods listed
           below:
<TABLE>
<CAPTION>

                           Three Months Ended            Six Months Ended
                                June 30,                     June 30,
                      ----------------------------  --------------------------
                           2002           2001          2002          2001
                      -------------  -------------  ------------  ------------
<S>                   <C>            <C>            <C>           <C>
Discount earned on
  accounts receivable $      89,605  $      82,085  $    125,105  $    208,339
Interest income               2,577         11,070         4,827        25,702
                      -------------  -------------  ------------  ------------
                      $      92,182  $      93,155  $    129,932  $    234,041
                      =============  =============  ============  ============
</TABLE>
                                      19

<PAGE>

                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30 2002

NOTE 11 -  INCOME TAXES

           The components of income taxes consisted  of  the  following for the
           periods listed below:

<TABLE>
<CAPTION>

                           Three Months Ended            Six Months Ended
                                June 30,                     June 30,
                      ----------------------------  --------------------------
                           2002           2001          2002          2001
                      -------------  -------------  ------------  ------------
<S>                   <C>            <C>            <C>           <C>
Current tax expense
 (benefit):
  U.S. Federal        $    (19,324)  $     156,700  $    (9,352)  $   (85,350)
  State and local           (9,221)         50,100       (5,897)      (28,450)
                      -------------  -------------  ------------  ------------
Total current              (28,545)        206,800      (15,249)     (113,800)

Deferred:
  U.S. Federal             (11,202)              -       (5,947)             -
  State and local           (3,735)              -       (1,983)             -
                      -------------  -------------  ------------  ------------
Total deferred             (14,937)              -       (7,930)             -
                      -------------  -------------  ------------  ------------

Total tax (benefit)   $    (43,482)  $     206,800  $   (23,179)  $  (113,800)
                      =============  =============  ============  ============
</TABLE>

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







                                     20

<PAGE>


                              MULLER MEDIA, INC.
                         NOTES TO FINANCIAL STATEMENTS
                                 JUNE 30, 2002

NOTE 11 -  INCOME TAXES (CONTINUED)

<TABLE>
<CAPTION>

                           Three Months Ended            Six Months Ended
                                June 30,                     June 30,
                      ----------------------------  --------------------------
                           2002           2001          2002          2001
                      -------------  -------------  ------------  ------------
<S>                             <C>            <C>           <C>           <C>
Statutory federal
 income tax rate                15%            34%           15%           34%
Non-deductible expenses         31%              -           31%             -
State and local income
  taxes
Net of federal income
  taxes                         11%            11%           11%           11%
                      -------------  -------------  ------------  ------------
Effective income tax rate       57%            45%           57%           45%
                      =============  =============  ============  ============
</TABLE>






                                      21

<PAGE>





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

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.

The Company was originally incorporated under the name Puppettown.com, Inc.
on July 1, 1999 with the filing of Articles of Incorporation with the
Secretary of State of the State of Nevada.  On July 26, 1999, a Certificate
of Amendment was filed under which the Company?s corporate name was changed
to Business Translation Services, Inc. (?BTS?).

On November 12, 2001 there was a change in control of the Company.  On the
same day the Company entered into a merger with Muller Media, Inc., a New
York corporation formed in 1982, under the terms of which the surviving
entity was BTS.  On January 22, 2002, the Company filed a Certificate of
Amendment with the Secretary of State of the State of Nevada whereby the
Company changed its corporate name to Muller Media Inc.

Primarily, the Company represents independent film producers for purposes
of distribution of their product and content to the networks and broadcast
distribution companies.

Muller Media currently has under license the distribution rights in the
United States to over 100 feature films.  The Company groups together from
10 to 20 feature films designed to appeal to the 18 to 49 year old adult
population and licenses the broadcast distribution companies for exhibition
of its films in compliance with Muller's own licensing rights.

It is Muller's plan to continue to acquire the distribution broadcast rights
to independently produced films so as to expand its library and thus expand
its product offerings to clients.  The Company is also seeking to acquire
other firms with film libraries that would be of appeal to its existing
client base.

Although the Company has limited its distribution to U.S. markets until now,
the Company is considering expansion into international markets, beginning
initially with Europe.  Subsequently the markets in Asia and South America
will be targets of opportunity for Muller. China currently has more
television sets than the U.S. and their population is clambering for media,
including movie content.

The Company's principal goal is to increase the content of its film library.
This will include primarily feature films, with a view toward other forms of
programming which can add to profitability.

Muller has carved out a niche which will cause the Company to continue to grow
profitably.  As most major companies in the industry are becoming increasingly
integrated, with regard to production, distribution and exhibition, some
content is "falling through the cracks".  Many of the best creative projects
are being forced into a secondary position.  Some of the content which will be
added to Muller's library will come from this segment.

                                      22

<PAGE>


As a relatively small company in an industry of giants, Muller has adopted
less costly, more innovative strategies, both in securing content and selling
movie or other packages.  For the time being and until Muller has carved out a
larger niche within the industry, this methodology will continue.  One of the
Company's greatest strengths lies in the ability of its executives to deal
directly with keys players both from the production side as well as the
exhibition (TV, cable, etc.) side of the industry.

The following discussion is intended to provide an analysis of Muller?s
financial condition and should be read in conjunction with our financial
statements and the notes thereto.  The matters discussed in this section that
are not historical and current facts deal with potential future circumstances
and developments.  Such forward-looking statements include, but are not
limited to, the development plans for Muller?s  growth, trends in the results
of the Company?s development, anticipated development plans, operating expenses
and anticipated capital requirements and capital resources.  The Company?s
actual results could differ materially from the results discussed in the
forward-looking statements.

RESULTS OF OPERATIONS
---------------------

Revenue
-------

Revenue  for  the  six  months  ended  June 30, 2002 increased by approximately
$25,000  as  compared with the same period  in  2001.   This  increase  can  be
directly related  to  the  distribution of a new package of motion pictures and
sales fees earned on cable contracts  executed  in early 2002.  Revenue for the
three  months  ended  June  30, 2002 decreased by approximately  $1,389,000  as
compared to the same period in  2001.  This decrease can be directly related to
timing differences in the start dates  of  motion  pictures which were released
after  March  31,  2001.  In contrast, in the year 2002,  most  of  the  motion
pictures were released prior to March 31, 2002.


Cost of Revenue
---------------

Cost of revenue as a  percent  of  gross revenue decreased from 69% for the six
months ended June 30, 2001 to 57% for the  six months ended June 30, 2002.

In the three months ended June 30, 2002  the  cost  of  revenue as a percent of
gross revenue decreased from 70% for the three month period ended June 30, 2001
to 62%.





                                       23


<PAGE>

Selling, General and Administrative Expenses
--------------------------------------------

Selling,  general and administrative expenses for the six  month  period  ended
June 30, 2002  increased  by  approximately  $523,000 as compared with the same
period  in  2001.   This  was  a  result  of  an  increase  in  the  number  of
administrative  staff  in  the  company and the issuance  of  common  stock  to
consultants (a non-cash transaction),  both of which occurred in 2002. A charge
of $385,000 was taken in relation to the non-cash issuance of common stock.

Selling, general and administrative expenses  for  the three month period ended
June 30, 2002 increased by approximately $138,000 as  compared  with  the  same
period  in  2001. This increase can be attributed to the increase in the number
of administrative staff and other operating expenses.

Interest Income
---------------

Interest income  for  the  six  month  period  ended June 30, 2002 decreased by
approximately $104,000 as compared with the same period in 2001.  This decrease
can be directly attributed to a general reduction  in  the  prime interest rate
and corresponding decline in interest rates paid by financial  institutions  on
deposits.

Cumulative Effect of Change in Accounting Principle
---------------------------------------------------

In March, 2001 the company adopted SOP 00-2, Revenue for the Distribution of
Motion Pictures and other Entertainment Events.  As a result of this adoption
the company recorded a cumulative change in accounting principle which resulted
in a charge to operations of approximately $448,000.


Liquidity and Capital Resources
-------------------------------

As of June 30, 2002, Muller's current assets exceeded its current liabilities
by approximately $589,083.

a)   The Company is authorized to issue 20,000,000 shares of $.001 par
     value Common Stock, of which 13,575,750 were outstanding at June
     30, 2002.

b)   The Company is authorized to issue 5,000,000 shares of $.001 par
     value Preferred Stock, none of which were outstanding at June
     30, 2002.





                                       24


<PAGE>


c)   On November 12, 2001, BTS issued 10,000,000 shares of $.001 par
     value  common stock for all the shares of  Muller.   Before the
     transaction, there were 2,200,750  shares of Business Translation
     Services outstanding.  After the transaction, the ownership of
     Business Translation Services was as follows:

                                                  Shares       Percent
           Original shareholders                2,200,750         18%
           Former owner of Muller              10,000,000         82%
                                               ----------        ----
                                               12,200,750        100%
                                               ==========        ====

d)   In the quarter ended March 31, 2002, the Company issued 400,000 of
     $0.001 par value common stock for legal and consultant services to
     be rendered.  The fair value of these shares at the time of issuance
     was $366,060.  During the quarter ended June 30, 2002, 100,000 of
     these shares were returned to the Company as a result of an
     agreement between the holder of the shares and  the Company.  The
     effect of the return of shares was to reduce selling, general and
     administrative expenses by approximately $90,000.

e)   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 six
     installments with interest, $75,000, on April 30, 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 of $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%.

f)   The holder must convert the payments due April 30, 2002 and July 31,
     2002 into shares of common stock of the Company at the conversion price
     then in effect provided the holder has, prior to April 30, 2002, sold
     shares to the Company's common stock to net assets at least $250,000, and
     provided further that at the date of such conversion the Company is not in
     default of any of the terms and conditions of this Note or any security
     agreement or other agreement executed in connection with this Note.  The
     exercise of any warrants or other convertible instruments will not of
     itself contribute in any way to shares referenced above, but any
     subsequent sale of common shares obtained as a result of such conversion
     or exercise will be applied towards the $250,000.

     The holder must convert the payments due April 30, 2002 and July 31, 2002
     into shares of common stock of the Company at the conversion price then in
     effect provided the holder has, prior to April 30,2002, sold shares to the
     Company's common stock to net assets at least $250,000, and provided
     further that at the date of such conversion the Company is not in default
     of any of the terms and conditions of this Note or any security agreement
     or other agreement executed in connection with this Note.  The exercise of
     any warrants or other convertible instruments will not of itself contribute
     in any way to  shares referenced  above, but any subsequent sale of common
     shares obtained as a result  of such conversion or exercise will be applied
     towards the $250,000.


                                   25


<PAGE>


Employees
---------

As of June 30, 2002, Muller employed eight people, of whom four are
executive and administrative personnel.  None of our employees are covered
by a collective bargaining agreement.  Muller considers its employee
relations to be good.

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, provided for an annual salary of $226,000
       expiring June, 2004.

   c)  A renewable one-year agreement providing for an annual salary of
       $200,000 was not renewed on June 8, 2002 by mutual consent of the
       parties.


The Company has no material commitments for capital expenditures nor does it
foresee the need for such expenditures over the next year.  In addition,
management believes that its current facilities will remain suitable as
the main administrative office and research facilities for the next
twenty-four (24) months. The Company has one additional executive office,
and there are currently no proposed programs for the renovation, improvement or
development of the properties currently being leased by the Company.

Market For Company's Common Stock
---------------------------------

On February 5, 2001, the Company's common stock was cleared for trading on
the OTC Bulletin Board system under the symbol "BTSV."  When the Company
changed its name to Muller Media, Inc., it changed it symbol to "MULM."  A
limited market exists for the trading of the Company's common stock.


Dividend Policy
---------------

The Company has never paid or declared any dividend on its Common Stock
and does not anticipate paying cash dividends in the foreseeable future.









                                       26

<PAGE>


Forward-Looking Statements
--------------------------

This Form 10-QSB includes "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended.  All statements, other
than statements of historical facts, included or incorporated by reference
in this Form 10-QSB which address activities, events or developments which
the Company expects or anticipates will or may occur in the future,
including such things as future capital expenditures (including the amount
and nature thereof), finding suitable merger or acquisition candidates,
expansion and growth of the Company's business and operations, and other
such matters are forward-looking statements.  These statements are based on
certain assumptions and analyses made by the Company in light of its
experience and its perception of historical trends, current conditions and
expected future developments as well as other factors it believes are
appropriate in the circumstances.  However, whether actual results or
developments will conform with the Company's expectations and predictions is
subject to a number of risks and uncertainties, general economic market and
business conditions; the business opportunities (or lack thereof) that may be
presented to and pursued by the Company; changes in laws or regulation; and
other factors, most of which are beyond the control of the Company.

This Form 10-QSB contains statements that constitute "forward-looking
statements." These forward-looking statements can be identified by the use of
predictive, future-tense or forward-looking terminology, such as "believes,"
"anticipates," "expects," "estimates," "plans," "may," "will," or similar
terms. These statements appear in a number of places in this Registration and
include statements regarding the intent, belief or current expectations of
the Company, its directors or its officers with respect to, among other
things: (i) trends affecting the Company's financial condition or results of
operations for its limited history; (ii) the Company's business and growth
strategies; and, (iii) the Company's financing plans.  Investors are cautioned
that any such forward-looking statements are not guarantees of future
performance and involve significant risks and uncertainties, and that actual
results may differ materially from those projected in the forward-looking
statements as a result of various factors.  Factors that could adversely affect
actual results and performance include, among others, the Company's operating
history, potential fluctuations in quarterly operating results and expenses,
government regulation, technological change and competition.

Consequently, all of the forward-looking statements made in this Form 10-QSB
are qualified by these cautionary  statements and there can be no assurance
that the actual results or  developments  anticipated by the Company will be
realized or, even if substantially realized, that they will have the expected
consequence to or effects on the Company or its business or operations.  The
Company assumes no obligations to update any such forward-looking statements.




                                     27

<PAGE>


                           PART II -- OTHER INFORMATION

ITEM 1.  Legal Proceedings

The Company is not a party to any legal proceedings.

ITEM 2.  Changes in Securities and Use of Proceeds

None.

ITEM 3.  Defaults upon Senior Securities

None.

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

During the quarter ended June 30, 2002, no matters were submitted to
the Company's security holders.

ITEM 5.  Other Information

None.

ITEM 6.  Exhibits and Reports on Form 8-K

(a) Exhibits

99.1  Certification Pursuant to Section 1350 to Chapter 63 of Title 18
      of the United States Code as Adopted Pursuant to Section 906 of
      the Sarbanes-Oxley Act of 2002.

(b) Reports on Form 8-K

The Company filed a Current Report dated March 14, 2002, pursuant to Item 4
("Changes in Accountants") entitled "Changes in Registrant's Certifying
Account" and pursuant to Item 7 ("Exhibits") entitled "Letter regarding
Change in Certifying Accountant."


                                       28

<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:  August 16, 2002               Muller Media, Inc.

                                     /s/ John J. Adams
                                     ---------------------
                                     Chairman of the Board
                                     CEO and Director

         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 16, 2002               Muller Media, Inc.

                                     /s/ Clifford Postelnik
                                     -------------------------------
                                     Vice President, General Counsel,
                                     Secretary and Director


                                       29


<PAGE>