UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                              DIALEX MINERALS INC.

                                   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 September 30, 2003
                                  ------------------

[ ]     TRANSITION  REPORT  UNDER  SECTION  13  OR  15(d)  OF  THE EXCHANGE ACT
           For the transition period from _________________ to _________________

                        Commission file number 000-29827
                                               ----------

                              DIALEX MINERALS INC.
                              --------------------
        (Exact name of small business issuer as specified in its charter)



            Florida                                       65-0656668
---------------------------------              ---------------------------------
  (State or other jurisdiction                 (IRS Employer Identification No.)
of incorporation or organization)

                             Suite 2020, 390 Bay St.
                            Toronto, Ontario M5H 2Y2
                      ------------------------------------
                    (Address of principal executive offices)

                                  416 368-6161
     -----------------------------------------------------------------------
                           (Issuer's telephone number)


                       APPICABLE ONLY TO CORPORATE ISSUERS
STATE THE NUMBER OF SHARES OUTSTANDING OF EACH OF THE ISSUER'S CLASSES OF COMMON
EQUITY, AS OF THE LATEST PRACTICABLE DATE: September 30, 2003 - 3,734,526
                           ---------------------------


<PAGE>


           ITEM 1. FINANCIAL STATEMENTS






                              DIALEX MINERALS INC.
                           (Formerly VHS Network, Inc)


                              FINANCIAL STATEMENTS


                            FOR THE NINE-MONTH PERIOD
                            ENDED SEPTEMBER 30, 2003












                                      CONTENTS
                                      Balance Sheet.......................... 3
                                      Statement of Shareholders' Deficit..... 4
                                      Statement of Earnings.................. 5
                                      Statement of Cash Flows................ 7
                                      Notes to Financial Statements.......... 9



                                       2


                              DIALEX MINERALS INC.
                           (Formerly VHS Network Inc.)
                           Consolidated Balance Sheets
                            (prepared by management)


                                                 As at         As at
                                             September 30   December 31
                                                 2003          2002
                                             -----------    -----------
                                             (unaudited)     (year end,
                                                              audited)

Assets                                       $      --      $      --
                                             ===========    ===========


Liabilities and shareholders' equity
Liabilities
    Bank indebtedness                                116            116
    Accounts Payable and accrued charges         146,004        246,639
                                             -----------    -----------
  Total Current Liabilities                      146,120        246,755
                                             -----------    -----------

Notes Payable, Related Party    (note 5)            --          182,027
Advances from, RelatedParty     (note 5)          17,850        583,765
Reserve for Loss Contingencies  (note 6)         350,000        350,000
                                             -----------    -----------
  Total Long Term Liabilities                    367,850      1,115,792
                                             -----------    -----------

  Total Liabilities                              513,970      1,362,547
                                             -----------    -----------

Shareholders Equity
    Common Stock: $0.001at Par Value
    Authorized: 100,000,000 shares
    Issued and outstanding:
    September 30, 2003 - 3,734,526 *              37,344           --
    December 31, 2002 - 37,354,268                  --           37,344
    Preferred Stock:
    Authorized: 25,000,000 shares
    Issued and outstanding: none
      Additional Paid in Capital               3,847,462      3,847,462
      Accumulated Deficit                     (4,398,776)    (5,247,353)
                                             -----------    -----------
Total Shareholders Equity                       (513,970)    (1,362,547)
                                             -----------    -----------

Total Liabilities and shareholders' equity   $      --      $      --
                                             ===========    ===========


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

*After taking into effect a reverse split
 of 10 to 1 common shares
 September 22, 2003



                                       3
<PAGE>


<TABLE>
<CAPTION>

                              DIALEX MINERALS INC.
                           (Formerly VHS Network Inc.)
                Consolidated Statements of Shareholders' Deficit
              For The Nine Months Ended September 30, 2003 and 2002
                            (prepared by management)


                                                                                     Additional
                                                        Common Stock     Paid-In     Accumulated
                                             Shares       Par Value      Capital       Deficit
                                           -----------   -----------   -----------   -----------

<S>                                         <C>          <C>           <C>           <C>
Deficit - December 31, 2001                 22,785,268   $    22,784   $ 3,637,208   $(4,544,521)

Payment of director fees                     1,250,000         1,250        46,750
Payment of consulting services               1,295,000         1,295        51,504
Acquisition of China eMall
  Class "B" shares                           4,015,000         4,015          --
Partial settlement of GroupMark debt         8,000,000         8,000       112,000
Net gain/(loss) for the year                      --            --            --        (702,832)
                                           -----------   -----------   -----------   -----------

Deficit - December 31, 2002                 37,345,268   $    37,344   $ 3,847,462   $(5,247,353)


Net gain/(loss) for the six month period          --            --            --         848,577
                                           -----------   -----------   -----------   -----------

Deficit - September 30, 2003                37,345,268   $    37,344   $ 3,847,462   $(4,398,776)
                                           ===========   ===========   ===========   ===========

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


                                       4
<PAGE>


                              DIALEX MINERALS INC.
                           (Formerly VHS Network Inc.)
                      Consolidated Statements of Operations
             For The Three Months Ended September 30, 2003 and 2002
                            (prepared by management)

                                            For the Three Months ended
                                           September 30     September 30
                                               2003             2002
                                           ------------    ------------
                                           (unaudited)      (unaudited)
Income:
    Sales                                  $       --      $       --
    Cost of Goods Sold                             --              --
                                           ------------    ------------
Gross Margin                                       --              --

Operating Expenses:
    Agency Fees                                     600           4,300
    Consulting Fees                                --              --
    General and Administrative                    4,500          17,270
    Management Fees                              17,850          89,616
     Professional Fees                           10,000           6,250
    Directors Fees                                 --
    Depreciation & Amortization                  29,764
                                           ------------    ------------
Total Operating Expenses                         32,950         147,200

                                           ------------    ------------
Operating Gain/(Loss)                           (32,950)       (147,200)

Other (income) and Expenses
    Interest Expense                                  0
    Write down of Notes & Trade Payables              0            --
    Exchange (Gain)/Loss                           --              --
                                           ------------    ------------
Total Other income and expenses                    --              --

 Net Gain/(Loss) Before Taxes                   (32,950)       (147,200)

Income Taxes                                       --              --

Net Gain/(Loss)                            $    (32,950)   $   (147,200)

Net Gain/(Loss)
Per common share-Basic                     $     (0.009)   $     (0.004)
                                           ============    ============

Weighted Average number
of common shares- Basic                       3,734,526      37,354,268
                                           ============    ============

Net Gain/(Loss) per common
share - diluted                            $     (0.009)   $     (0.004)
                                           ============    ============

Weighted Average number
of common shares  Diluted                     3,734,526      39,854,268
                                           ============    ============

*After taking into effect a reverse split
 of 10 to 1 common shares


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



                                       5
<PAGE>

                              DIALEX MINERALS INC.
                          (Formerly VHS Network Inc.)
                     Consolidated Statements of Operations
             For The Nine Months Ended September 30, 2003 and 2002
                            (prepared by management)

                                             For the Nine Months ended
                                            September 30   September 30
                                                2003           2002
                                           ------------    ------------
                                            (unaudited)     (unaudited)
Income:
    Sales                                  $       --      $     34,276
    Cost of Goods Sold                             --             8,589
                                           ------------    ------------
Gross Margin                                       --            25,687

Operating Expenses:
    Agency Fees                                   1,800           8,492
    Consulting Fees                                --            55,927
    General and Administrative                    4,500          77,358
    Management Fees                              47,850         224,645
    Professional Fees                            10,000          25,839
    Directors Fees                               48,000
    Depreciation & Amortization                  62,822
                                           ------------    ------------
Total Operating Expenses                         64,150         503,083

                                           ------------    ------------
Operating Gain/(Loss)                           (64,150)       (477,396)

Other (income) and Expenses
    Interest Expense                              1,857
    Write down of Notes & Trade Payables       (912,727)           --
    Exchange (Gain)/Loss                           --             2,986
                                           ------------    ------------
Total Other income and expenses                (912,727)          4,843

 Net Gain/(Loss) Before Taxes                   848,577        (482,239)

Income Taxes                                       --              --

Net Gain/(Loss)                            $    848,577    $   (482,239)

Net Gain/(Loss)
Per common share-Basic                     $      0.227    $     (0.013)
                                           ============    ============

Weighted Average number
of common shares- Basic                       3,734,526*     37,354,268
                                           ============    ============

Net Gain/(Loss per common)
share - diluted                            $      0.227    $     (0.012)
                                           ============    ============

Weighted Average number
of common shares  Diluted                     3,734,526*     39,854,268
                                           ============    ============

*After taking into effect a reverse split
 of 10 to 1 common shares

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


                                       6
<PAGE>


<TABLE>
<CAPTION>
                              DIALEX MINERALS INC.
                           (Formerly VHS Network Inc.)
                      Consolidated Statements of Cashflows
             For The Three Months Ended September 30, 2003 and 2002
                            (prepared by management)


                                                           For the Three Months ended
                                                           September 30  September 30
                                                               2003        2002
                                                            ---------    ---------
                                                           (unaudited)  (unaudited)

<S>                                                         <C>          <C>
Net Income (Loss)                                           $ (32,950)   $(147,200)
Adjustments to reconcile net income (loss) to
    net cash provided by (used for) operating activities:

    Issuance of Common Stock for directors fees                  --           --
    Issuance of Common Stock for Expenses and Debt               --           --

    Amortization of Intangible assets                            --         26,470
    Depreciation                                                 --          3,294
                                                            ---------    ---------
                                                              (32,950)    (117,436)
Cash Flow From Operating Activities:
    Changes in assets and Liabilities
    Receivables                                                  --           --
    Inventory                                                    --           --
    Bank Loan                                                    --        (15,000)
    Accounts Payable                                           15,100       11,780
                                                            ---------    ---------
Cash Flow used in operating activities:                        15,100       (3,220)

Cash flow from investing activities                              --           --
    Net cash used in investing activities
                                                            ---------    ---------
Cash Flow From Financing Activities:
    Management fees payable, related party                     17,850       89,616
    Advances from related party                                17,270
                                                            ---------    ---------
Net Cash Generated by Financing activities                     17,850      106,886
                                                            ---------    ---------

(decrease) Increase in cash and cash Equivalents                 --        (13,770)
Balance at beginning period                                      (116)      13,770
                                                            ---------    ---------
Balance at end of period                                    $    (116)   $    --
                                                            =========    =========
</TABLE>

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

                                       7
<PAGE>



<TABLE>
<CAPTION>
                              DIALEX MINERALS INC.
                          (Formerly VHS Network Inc.)
                      Consolidated Statements of Cashflows
              For The Nine Months Ended September 30, 2003 and 2002
                            (prepared by management)


                                                                        For the Nine Months ended
                                                                    September 30          September 30
                                                                        2003                  2002
                                                                     ---------             ---------
                                                                     unaudited)           (unaudited)

<S>                                                                  <C>                   <C>
Net Income (Loss)                                                    $ 848,577             $(482,239)
Adjustments to reconcile net income (loss) to
    net cash provided by (used for) operating activities:

    Issuance of Common Stock for directors fees                           --                  48,000
    Issuance of Common Stock for Expenses and Debt                        --                 132,800

    Amortization of Intangible assets                                     --                  52,940
    Depreciation                                                          --                   9,882
                                                                     ---------             ---------
                                                                       848,577              (238,617)
Cash Flow From Operating Activities:
    Changes in assets and Liabilities
    Receivables                                                           --                  16,536
    Inventory                                                             --                  (3,296)
    Bank Loan                                                             --                 (28,346)
    Accounts Payable                                                   (99,975)               39,383
                                                                     ---------             ---------
Cash Flow used in operating activities:                                (99,975)               24,277

Cash flow from investing activities                                       --                    --
    Net cash used in investing activities
                                                                     ---------             ---------
Cash Flow From Financing Activities:
    Management fees payable, related party                            (748,602)              153,796
    Advances from related party                                         59,387
                                                                     ---------             ---------
Net Cash Generated by Financing activities                            (748,602)              213,183
                                                                     ---------             ---------

(decrease) Increase in cash and cash Equivalents                          --                  (1,157)
Balance at beginning period                                               (116)                1,157
                                                                     ---------             ---------
Balance at end of period                                             $    (116)            $    --
                                                                     =========             =========

Supplementry Disclosure:
    Cash Paid for Interest                                                --               $   1,857
    Conversion of payables into common Stock                              --               $ 132,800
    Common stock issued for services and expenses                         --               $  48,000

</TABLE>


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


                                       8
<PAGE>

                              DIALEX MINERALS INC.
                          (FORMERLY VHS NETWORK, INC.)
                          NOTES TO FINANCIAL STATEMENTS
                               SEPTEMBER 30, 2003

                                 Company History

Dialex  Minerals Inc. (the "Company" or "Dialex") was  incorporated in the State
of Florida on December 18, 1995,  as Ronden  Vending Corp. on December 24, 1996,
the Company  incorporated a wholly owned subsidiary  called Ronden  Acquisition,
Inc. a Florida corporation. Ronden Acquisition Inc., then merged with Video Home
Shopping, Inc. (a Tennessee corporation),  and Ronden Acquisition, Inc., was the
surviving Florida Corporation.  In 1996, Video Home Shopping, Inc. was a network
marketing  and  distribution  company which offered a wide range of products and
services  to  consumers  through  the medium of video  tape.  After the  merger,
however,  the Company  decided not to continue  with the network  marketing  and
distribution operations of Video Home Shopping, Inc. of Tennessee.

On  January  9,1997,  articles  of  merger  were  filed for the  Company  as the
surviving  corporation  of a merger  between the  Company  and its wholly  owned
subsidiary,  Ronden  Acquisitions,  Inc. This  completed the forward  triangular
merger  between Video Home  Shopping,  Inc.  Ronden  Acquisitions,  Inc. and the
Company.

On January 9, 1997,  articles of amendment  were filed to change the name of the
Company from Ronden  Vending  Corp. to VHS Network,  Inc. On April 9, 1997,  the
Company incorporated VHS Acquisitions, Inc. as a wholly owned subsidiary.

In April  1997,  the  Company  was  restructured  by way of a reverse  take-over
involving its wholly owned subsidiary, VHS Acquisitions, Inc. a Florida company,
and VHS Network, Inc., a Manitoba, Canada controlled private corporation.

On April 12, 2000, the Company acquired all of the outstanding  common shares of
China- eMall  Corporation,  an Ontario private  company.  This represents a 100%
voting interest in China-eMall Corporation.

On December 1, 2001 the Company  acquired all the  outstanding  common shares of
TrueNet Enterprise Inc., an Ontario private company.

On September 22, 2003 the Company  changed its name to Dialex  Minerals Inc. and
completed a reverse  split of its issued and  outstanding  common  shares on the
basis of ten (10) common shares for one (1) new common share.


1.       OPERATIONS

OPERATIONS
The Company has changed its business to that of mineral exploration. The Company
will also seek joint  ventures and  alliances  with third parties in the natural
resource sector.

2.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES.

These  consolidated   financial  statements  are  prepared  in  accordance  with
accounting  principles generally accepted in the United States. The following is
a summary of the significant  accounting policies followed in the preparation of
these consolidated financial statements.

Basis of Presentation
These  financial  statements have been prepared in accordance with United States
of America generally accepted accounting principles with the assumption that the
Company will be able to realize its assets and discharge its  liabilities in the
normal course of business.


                                       9
<PAGE>

The Company has  suffered  operating  losses  during the current  year and has a
negative  working  capital and a net capital  deficiency that raises doubt as to
its ability to continue as a going concern.  Management expects that the Company
will be in a position  to obtain  the  working  capital  financing  required  to
support its business  operations.  The Company's  continued existence as a going
concern  is  dependent  upon its  ability  to  attain  and  maintain  profitable
operations and to obtain the necessary financing..

Principals Of Consolidation
The consolidated  financial  statements  include the accounts of the company and
all of its subsidiary  companies.  Intercompany  accounts and transactions  have
been eliminated on consolidation.

These consolidated  financial statements reflect all adjustments,  which are, in
the opinion of management,  necessary for a fair presentation of the results for
the interim periods.

Cash And Cash Equivalents
Cash and cash  equivalents  consist  of cash on hand  and  cash  deposited  with
financial  institutions,  including money market accounts,  and commercial paper
purchased with an original maturity of three months or less.

Concentration Of Cash
The company at times  maintains  cash  balances  in accounts  that are not fully
federally insured. Uninsured balances as of September 30,2003 were nil.

Property And Equipment
Property and equipment are stated at cost or, in the case of leased assets under
capital  leases,  at the present value of the future lease payments at inception
of the lease.  Major  improvements  that  materially  extend the useful  life of
property are  capitalized.  Depreciation is calculated on a straight-line  basis
over the estimated  useful lives of various assets.  Leasehold  improvements and
leased assets under capital  leases are amortized  over the life of the asset or
the period of the respective lease using the straight-line method,  whichever is
the shortest. Expenditures for repairs and maintenance are changed to expense as
incurred.

Stock- Based Compensation
The company accounts for its stock-based  compensation  plan based on Accounting
Principles  Board  ("APB")  Opinion  No.  25. In  October  1995,  the  Financial
Accounting  Standards  Board  ("FASB")  issued  SFAS No.  123,  "Accounting  for
Stock-Based Compensation." The Company has determined that it will not change to
the  fair  value  method  and  will  continue  to use  APB  Opinion  No.  25 for
measurement  and  recognition  of any expense  related to  employee  stock based
transactions.

Income Taxes
The  company  accounts  for the  income  taxes in  accordance  with SFAS No. 109
"Accounting for Income Taxes".  Income taxes are provided for the tax effects of
transactions  reported in the consolidated  financial  statements and consist of
deferred tax assets and liabilities for financial and income tax reporting.  The
deferred tax assets and liabilities represent the future tax return consequences
of those differences, which will be either taxable or deductible when the assets
and liabilities are recovered or settled. Deferred taxes are also recognized for
operating losses that are available to offset future taxable income.

Foreign Currency Translation
Transactions  are translated into the functional  currency at the exchange rates
in effect at the time the transactions occur.  Exchange gains and losses arising
on translation are included in the operating results for the year.


                                       10
<PAGE>


Revenue
Sales are  recorded  for  products  upon  shipment of product to  customers  and
transfer of title under standard commercial terms.

Comprehensive Income
In 1999, the Company  adopted SFAS No. 130,  "Reporting  Comprehensive  Income."
SFAS  No.  130   establishes   standards  for  reporting  and   presentation  of
comprehensive  income and its components in a fell set of financial  statements.
Comprehensive   income  is  presented   in  the   consolidated   statements   of
shareholders'  equity and comprehensive  income,  and consists of net income and
unrealized gains (losses) on available for sale marketable  securities;  foreign
currency translation adjustments and changes in market value of future contracts
that  qualify  as  a  hedge;  and  negative  equity  adjustments  recognized  in
accordance  with SFAS 87. SFAS No. 130 requires only  additional  disclosures in
the  consolidated  financial  statements  and  does  not  affect  the  Company's
financial  position or results of  operations.  The  elements  of  comprehensive
income for the three-month, six-month and nine-month periods ended September 30,
2002, and 2001 and the year ended December 31, 2001 were minimal.

Income (Loss) Per Common Share
Income  (loss) per common  share is computed on the weighted  average  number of
common or common and common  equivalent  shares  outstanding  during  each year.
Basic Earnings-Per-Share  ("EPS") is computed as net income (loss) applicable to
common  stockholders'  divided by the weighted  average  number of common shares
outstanding  for the period.  Diluted EPS reflects the  potential  dilution that
could occur from common shares issue able through stock options,  warrants,  and
other convertible securities when the effect would be dilutive.

Long-Lived Assets
In accordance with Statement of Financial Accounting Standards ("SFAS") No. 121,
the Company reviews the carrying value of its long-lived assets and identifiable
intangibles for possible  impairment whenever events or changes in circumstances
indicate  the  carrying  amount  of  assets  to be  held  and  used  may  not be
recoverable.

Use Of Estimates
The  preparation  of the  financial  statements  in  conformity  with  generally
accepted accounting principles necessarily requires management to make estimates
and assumptions  that effect 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 revenue and expenses during the reporting
periods. Actual results could significantly differ from those estimates.

Advertising Costs
The Company expenses advertising costs as they are incurred. The Company did not
incur any  advertising  costs for the  three-month  or nine month periods ending
September 30, 2003 nor for the year ending December 31, 2002

Segments Of An Enterprise And Related Information
The Company  follows SFAS No. 131  "Disclosures  about Segments of an Enterprise
and Related  Information." SFAS No. 131 requires that public business enterprise
report  financial and descriptive  information  about it's reportable  operating
segments on the basis that is used internally for evaluating segment performance
and deciding  how to allocate  resources  to  segments.  Currently,  the Company
operates in only one segment.

Reclassifications

Certain  amounts in the 2002  financial  statements  have been  reclassified  to
conform to the 2003 presentation.


                                       11
<PAGE>


Recently Issued Accounting Pronouncements
In June  1998,  the  FASB  issued  SFAS  No.  133,  "Accounting  for  Derivative
Instruments and Hedging  Activities."  SAFS No. 133 requires  recognition of all
derivative financial instruments as either assets or liabilities in consolidated
balance  sheets  at  fair  value  and  determines  the  method(s)  of  gain/loss
recognition.  The FASB issued SFAS No. 137,  "Deferral of the Effective  Date of
FASB statement  No.133" in June 1999 to defer the effective date of SFAS No. 133
to fiscal  years  beginning  after  June 15,  2000.  The  Company  does not have
derivative instruments and does not conduct hedging activities.


3.       INVENTORIES
On April 29, 1998, the Company acquired approximately 32,000 sets of printed art
reproductions.  Each set  consists of four  full-color  prints from "The Andover
Series" by artist Jim Perleberg. Each image has a title narrative printed in the
margin and is re-signed, in the plate, by the artist. The Company unsuccessfully
offered  these prints for sale  through its own web site and other  internet web
sites.  As the prints did not sell,  the company wrote off the inventory at year
end December 31, 2002.


4.       INCOME TAXES
No  provision  for federal and state taxes has been  recorded for the nine month
period ended  September 30, 2003 and 2002, and the year ended December 31, 2002,
since the Company  incurred net operating losses for the year ended December 31,
2002 and the accumulated  deficit for the previous  periods exceeds the gain for
the period ended September 30, 2003.


5.       RELATED PARTY TRANSACTIONS
GroupMark Canada Limited
In 1997, the Company entered into a management  service  contract with Groupmark
Canada Limited ("Groupmark"),  of which the Chairman and Chief Executive Officer
of the Company is the sole shareholder. Under this agreement, Groupmark provides
the  Company all  management,  daily  administrative  functions,  financial  and
business  advisory  services.  Groupmark  was also  contracted  to assist in the
technological  development  of the  "SmartCARD.  The contract was  terminated on
September 5, 2003.

Amounts due Groupmark  pursuant to this management  service  agreement and other
borrowings  as of December 31, 2002 were  $583,765.  On June 30, 2003  Groupmark
forgave the amount of $ 614,365 representing the entire amount outstanding.

Advances  from  related  parties in for the three and nine month  periods  ended
September 30, 2003 and amount to $17,850 and represent  payables to shareholders
who are currently  officers and/or directors of the company.  This compares with
$89,616 and $224,645  respectively  for the three and nine month  periods  ended
September 30, 2002

Notes payables due to related  parties in the amount of $182,087 were payable to
Groupmark and was non interest  bearing and had no specific  terms of repayment.
On June 30, 2003  Groupmark  forgave the entire amount of the note  outstanding.
Balance as at September 30, 2003 was nil.


6.       COMMITMENTS AND CONTINGENCIES
Legal
The Company is not  currently  aware of any legal  proceeding or claims that the
Company believes will have individually or in the aggregate,  a material adverse
effect on the Company's financial position or results of operations.


                                       12
<PAGE>


Video Home Shopping, Inc., a Tennessee Corporation
The Company  has  recorded a $350,000  liability  for loss  contingencies.  This
reserve was  established as a result of a potential  liability of the Company to
the  Internal  Revenue  Service  (IRS)  as a result  of  actions  by the  former
principal of Video Home Shopping Inc., which has lead to an investigation by the
IRS. The Company has  contacted  the IRS for  information  and has no indication
that the investigation concerns the Company directly. Management,  nevertheless,
believes that said IRS  investigation  may relate,  in part,  to unpaid  Federal
Withholding  taxes Social Security and Medicare  taxes,  employer's  taxes,  and
other  payroll  taxes and out of prudence,  the Company has elected to provide a
reserve of $350,000 to provide for the possibility of such liability to the IRS.



ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

General
The  information in this section should be read together with the  consolidated,
unaudited, interim financial statements that are included elsewhere in this Form
10-QSB.  These  interim  financial  statements  do not contain  all  disclosures
required under generally  accepted  accounting  principles for annual  financial
statements  and should  therefore  be read in  conjunction  with the most recent
annual financial statements.  The significant accounting policies follow that of
the most recently reported annual financial statements.

Dialex has changed the nature of its business to that of mineral exploration.






                                       13
<PAGE>

Operations

Results For Three  and Nine Months Ended September 30, 2003
For both the three and nine months  periods  ended  September 30, 2003 we had no
revenues  compared to no revenues for the three month period and $34,276 for the
nine month period in 2002.

Operating  Expenses for the three months ending  September 30, 2003 were $32,950
as compared to $147,200 for the three months ended September 30, 2002.

For the nine months ending September 30, 2003 Operating Expenses were $64,150 as
compared  to  $503,083  for the  same  period  ended  September  30,  2002.  All
non-essential  expenses have been  eliminated  in an effort to reduce  operating
losses.

Amounts  totalling  $912,727 due to GroupMark  Canada  Limited and other parties
were forgiven and written off during the year  resulting in a balance of $17,850
advanced from related parties at September 30, 2003. This compares with advances
of $583,765 and a note  payable of $182,027 for a total of $765,792  owing as at
September 30,2002.

Liquidity And Capital Resources
Revenues  for the nine month  period  ended  September  30,  2003 were $NIL as a
result of no activity in the company's internet and technologies  ventures.  The
ability of the  Company to  continue  as a going  concern  is  dependent  on its
ability to generate sales,  obtain capital funding and seek other joint ventures
and alliances with third parties.

Changes In Financial Position
Total liabilities decreased to $513,970 on September 30, 2003 from $1,362,547 on
December  31,2003  as a  result  of the  reduction  in trade  payables  with the
settlement  of a dispute with a supplier and  write-down  of related party notes
and advances.  Shareholders'  equity  increased  from  ($1,362,547)  on December
31,2002 to  ($513,970)  during the first nine  months of 2003.  The  Company has
changed the nature of its business to that of mineral exploration and management
is currently seeking new capital  investment,  joint ventures and alliances with
third parties.


ITEM 3.  CONTROLS & PROCEEDURES

Evaluation Of Disclosure Controls And Proceedures
The Company  maintains a system of controls and  procedures  designed to provide
reasonable assurance as to the reliability of the financial statements and other
disclosures  included  in  this  report,  as well as to  safeguard  assets  from
unauthorized  use or  disposition.  Within 90 days  prior to the  filing of this
report,  the Company's Chief Executive  Officer and Chief Financial Officer have
reviewed and  evaluated  the  effectiveness  of the design and  operation of the
Company's   disclosure   controls  and   procedures   with  the  assistance  and
participation of other members of management.  Based upon that  evaluation,  the
Company's  Chief Executive  Officer and Chief  Financial  Officer have concluded
that  the  Company's  disclosure  controls  and  procedures  are  effective  for
gathering,  analyzing and disclosing the  information the Company is required to
disclose  in the  reports it files  under the  Securities  Exchange  Act of 1934
within the time periods specified in the SEC's rules and forms.

Changes In Internal Controls
The  company  has not made any  significant  changes  to its  internal  controls
subsequent  to  the  Evaluation   Date.  The  company  has  not  identified  any
significant  deficiencies  or material  weaknesses  or other  factors that could
significantly  affect these  controls,  and  therefore,  no need for  corrective
action to be taken.

                                       14
<PAGE>

                                     PART 11

                                OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

         NONE

ITEM 2.  CHANGES IN SECURITIES

On  September 5, 2003,  the Company  announced  that it would  conduct a reverse
split of its issued and outstanding  shares on the basis of 10 common shares for
one new common  share.  The Company at that date had  37,345,268  common  shares
issued and  outstanding,  after the reverse  split there were  3,734,526  common
shares issued and outstanding.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES
         NONE


ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
         NONE


ITEM 5.  OTHER INFORMATION

Pursuant to a Share  Purchase  Agreement  dated  September  5, 2003,  Condor has
acquired an aggregate of 20,452,000  common  shares of VHS from Elwin  Cathcart,
Groupmark Canada Ltd., Forte Management  Corp.,  Regional Hose & Equipment Ltd.,
and John Salowski. In exchange,  the selling shareholders will receive shares of
Condor.

ITEM 6.  EXHIBITS AND REPORTS.

Exhibits

2.1*     Agreement  and Plan of  Reorganization  between VHS  Network,  Inc. and
         Exodus Acquisition Corporation, dated May 6, 2000.

3.1*     Articles of Incorporation for VHS Network, Inc.

3.2*     Articles of Merger for VHS Network, Inc.

3.3*     Articles of Amendment for VHS Network, Inc.

3.4*     By-Laws of VHS Network, Inc.

4.1*     Specimen Stock Certificate.

10.1*    Share Exchange  Agreement made April 15, 2000 among VHS Network,  Inc.,
         China eMall  Corporation,  Gang Chai, Qin Lu Chai, Uphill Capital Inc.,
         Charles He, Qing Wang, and Forte Management Corporation.

10.2*    License Agreement  between  Groupmark Canada Limited,  and VHS Network,
         Inc. dated January 1, 2000.

10.3*    Management  Services Agreement between VHS Network,  Inc. and Groupmark
         Canada Limited, dated April 1997.

10.4*    Agreement  and Plan of Merger  dated as of December 26, 1996 made among
         Ronden Vending  Corporation and Ronden  Acquisition,  Inc.,  Video Home
         Shopping, Inc. (A Tennessee Corporation), Progressive Media Group, Inc.
         and Pamela Wilkerson.

                                       15
<PAGE>


10.5*    Agreement  and Plan of Merger  dated as of December  30,  1996  between
         Ronden Vending Corporation and Ronden Acquisition, Inc.

10.6*    Agreement  and Plan of  Reorganization  dated  April 10, 1997 among VHS
         Network, Inc. and VHS Acquisition, Inc. and VHS Network (Canada) Inc.*

10.8**   Form of Acquisition Agreement between the Company and TruNet Enterprise
         Inc.

10.9     Articles of Amendment to Articles of Incorporation of VHS Network, Inc.
         September 5, 2003.

31.1     Certifications  Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant
         To Section 302 Of The Sarbanes-Oxley Act Of 2002

32.1     Certifications  Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant
         To Section 906 Of The Sarbanes-Oxley Act Of 2002

* Previously filed as an exhibit to the Company's Registration Statement on Form
SB2 filed with the Commission and incorporated by reference herein.

** Filed as exhibit 10.8 to the Company's  form 10K-SB filed with the Commission
on April 16, 2002 and incorporated by reference herein.



Reports On Form 8-K

On February 12, 2002,  the Company  filed a Current  Report on Form 8-K with the
Commission disclosing the Company's change of accountants


On July 25,  2003,  the  Company  filed a  Current  Report  on Form 8-K with the
Commission disclosing the Company's change of accountants
--------------------------------------------------------------------------------

On September 22, 2003,  the Company filed a Current  Report on Form 8-K with the
Commission disclosing change in control of registrant.
--------------------------------------------------------------------------------



                                       16
<PAGE>






--------------------------------------------------------------------------------

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


                                             DIALEX MINERALS INC.

Date October 28th, 2003                      /s/ Alexander G. Stewart
                                             ------------------------
                                             Alexander G. Stewart
                                             Chief Executive Officer



Date October 28th, 2003                      /s/ L. Kirk Boyd
                                            -------------------------
                                             L. Kirk Boyd
                                             Chief Financial Officer





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