UNITED STATES 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 March 31, 1998

   [     ]  Transition  report  under  Section  13 or  15(d)  of the  Securities
         Exchange Act of 1934 (No fee required) for the  transition  period from
         ____________________ to _____________________



Commission file number: Q-2549



                         BRIA COMMUNICATIONS CORPORATION
                 (Name of Small Business Issuer in Its Charter)



         New Jersey                                             22-1644111
(State or Other Jurisdiction of                             (I.R.S. Employer
Incorporation or Organization)                             Identification No.)




                 147-17 Newport Avenue, Neponsit, New York 11964
               (Address of Principal Executive Offices) (Zip Code)


                                 (718) 318-1535
                (Issuer's Telephone Number, Including Area Code)




Check whether the issuer:  (1) filed all reports required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past 90 days.


                                  Yes __  No XX



The number of shares outstanding of the issuer's common stock ($0.01 par value),
as of June 12, 1998 was 2,061,349.



                                Total Number of Sequentially Numbered Pages 7
                                                  Index to Exhibits on Page 7
                                        1

<PAGE>

                                TABLE OF CONTENTS

                                     PART I

ITEM 1.  FINANCIAL STATEMENTS..................................................3

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.............4


                                     PART II

ITEM 5.  OTHER INFORMATION.....................................................5

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K......................................5

         SIGNATURES............................................................6

         INDEX TO EXHIBITS.....................................................7


                                        2

<PAGE>

                                     PART I

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

ITEM 1.           FINANCIAL STATEMENTS

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

         Unless  otherwise   indicated,   the  term  "Company"  refers  to  BRIA
Communications  Corporation and its predecessors.  Interim financial  statements
including a balance  sheet for the Company as of the fiscal  quarter ended March
31, 1998 and  statements of operations  for the interim period up to the date of
such balance sheet and the  comparable  period of the preceding  fiscal year are
attached  hereto  on Pages  F-1  through  F-7 and  incorporated  herein  by this
reference.


                 [THIS SPACE HAS BEEN INTENTIONALLY LEFT BLANK]

                                        3

<PAGE>
                        BRIA COMMUNICATIONS CORPORATION
                            UNAUDITED BALANCE SHEET
                                 March 31, 1998


                                     ASSETS

CURRENT ASSETS:                                       $          -
                                                        -------------
      None                                                       -
                                                        -------------

          Total Current Assets                                   -
                                                        =============


                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
      Notes payable - officers and directors          $        72,818
      Accounts payable                                      1,166,246
      Other current liabilities                               124,832
                                                        --------------

          Total Current Liabilities                         1,363,896
                                                        --------------

STOCKHOLDERS' EQUITY (DEFICIT):
      Common stock:
        Class A, $.001 par value; shares authorized, 10,000,000;
          shares issued and outstanding, 1,591,349     $        1,592
        Class B, $.001 par value; shares authorized, 220,000;
          shares issued and outstanding, 213,440 (convertible
          into Class A shares)                                    213
      Capital in excess of par value                        7,961,755
      Accumulated deficit                                  (9,321,527)
      Trade credits                                            (5,929)
                                                         -------------

          Total Stockholders' Equity (Deficit)            ( 1,363,896)
                                                         -------------

          Total Liabilities and Stockholders' Equity   $           - 
                                                         =============


                 See notes to unaudited financial statments
                                      F-1
<PAGE>
                        BRIA COMMUNICATIONS CORPORATION
                        UNAUDITEDSTATEMENTS OF OPERATIONS
                     Quarters Ended March 31, 1998 and 1997



                                                   1998                  1997
                                               -------------          ----------
REVENUE                                       $           -          $        -
                                               -------------          ----------

COST AND EXPENSES:
      General and administrative                      31,741             104,721
      Environmental cleanup costs                         -                   -
      Interest                                         1,043               1,043
      Loss on sale of investments                         -                   -
                                               --------------         ----------

           Total Cost and Expenses                    32,784             105,764
                                               --------------         ----------

NET LOSS                                      $      (32,784)        $ (105,764)
                                               ==============         ==========

NET LOSS PER COMMON SHARE:
      Net (loss) per common share             $        (0.02)        $    (0.18)
                                               ==============         ==========
      Weighted average number of common shares
        outstanding                                 1,566,349            594,331
                                               ==============         ==========


                   See notes to unaudited financial statements
                                      F-2
<PAGE>
                        BRIA COMMUNICATIONS CORPORATION
                        UNAUDITED STATEMENTS OF CASH FLOW
                     Quarters Ended March 31, 1998 and 1997



                                                       1998             1997
                                                    -----------      -----------
CASH FLOWS FROM OPERATING ACTIVITIES:
      Net loss                                   $      (32,784)    $  (105,764)
                                                    ------------     -----------

Adjustments to reconcile net loss to net cash provided by operating activities:
      Common stock issued for services                    1,500           35,461
      Increase (decrease) in accounts payable            31,284           70,270
                                                    ------------     -----------

      Total adjustments                                  32,784          105,731
                                                    ------------     -----------

Net cash (used) by operating activities                      -              (33)
                                                    ------------     -----------

CASH FLOWS FROM INVESTING ACTIVITIES:
      Purchase of marketable securities                      -                -
                                                    ------------     -----------
      Net cash used by investing activities                  -                -
                                                    ------------     -----------

NET INCREASE (DECREASE) IN CASH                              -              (33)
Cash, beginning                                                               33
                                                    ------------     -----------
Cash, ending                                       $         -     $          -
                                                    ============     ===========

SUPPLEMENTAL DISCLOSURES:
      Interest expense                             $       1,043   $       1,043
                                                    ============     ===========
      Non cash financing activities:
         Issuance of common stock for services     $       1,500   $      35,467
                                                    ============     ===========

                  See notes to unaudited financial statements
                                      F-3
<PAGE>

<TABLE>
<CAPTION>

                                                   BRIA COMMUNICATIONS CORPORATION
                                        UNAUDITED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
                                                           March 31, 1998

                                                                                                                          Total
                                                                            Capital In                  Trade and      Stockholders
                      Class A      Class A       Class B       Class B      Excess Of     Accumulated     Media           Equity
                      Shares       Amount        Shares        Amount          Par         Deficit       Credits        (Deficit)
                     ----------    ---------    ----------     ---------    -----------  -------------  -----------    -------------
BALANCE
<S>      <C> <C>     <C>         <C>             <C>         <C>           <C>           <C>            <C>            <C>          
December 31, 1997    1,541,349   $   1,542       213,440     $     213     $  7,960,305  $ (9,288,743)  $   (5,929)    $ (1,332,612)
Issued                  50,000          50                                        1,450                                        1,500

Net income (loss)                                                                             (32,784)                      (32,784)
                     ----------    ---------    ----------     ----------    -----------  -------------  -----------    ------------
BALANCE
March 31, 1998       1,591,349   $   1,592       213,440     $     213     $  7,961,755  $ (9,321,527)  $   (5,929)    $ (1,363,896)



                                            See notes to unaudited financial statements
                                                                F-4
</TABLE>
<PAGE>
                         BRIA COMMUNICATIONS CORPORATION
                     NOTES TO UNAUDITED FINANCIAL STATEMENTS
                             March 31, 1998 and 1997


NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Business

The  Company is located in the United  States and  previously  marketed  various
powdered  metals  which it either  processed  or sold  without  processing.  The
Company ceased all active  operations on June 30, 1994. Since then the Company's
activity has been largely  restricted to maintaining its corporate legal status,
negotiating creditor settlements and searching for mergers or acquisitions.

Taxes on Income

Effective January 1, 1993 the Company adopted Statement of Financial  Accounting
Standards No. 109,  Accounting for Income Taxes.  The  cumulative  effect of the
change in accounting principle is immaterial.

Net Income Per Share

Net income per share is based on the average number of shares outstanding during
each year retroactively adjusted to give effect to all stock splits.

Investment Securities

Available-for-sale securities are stated at fair value, unrealized holding gains
and losses and net of the related deferred tax effect are reported as a separate
component of stockholders' equity.

Basis of Financial Statement Presentation

The Company's financial statements have been presented on the basis that it is a
going concern,  which contemplates the realization of assets and satisfaction of
liabilities  in the  normal  course  of  business.  The  Company  has  sustained
recurring  losses  and at March 31,  1998 the  stockholders'  equity  reflects a
deficit of  $1,363,896.  The Company's  continued  existence is dependent on its
ability to generate sufficient cash flow to cover operating expenses, settle its
obligations and develop an active business.

NOTE 2 - NOTES PAYABLE - OFFICERS AND DIRECTORS

Notes payable to officers and directors consists of the following:

                                      F-5
<PAGE>

                         BRIA COMMUNICATIONS CORPORATION
               NOTES TO UNAUDITED FINANCIAL STATEMENTS (CONTINUED)
                             March 31, 1998 and 1997

                                                                December 31,
                                                                    1997

                  Note payable, with interest at 8%        $        51,243
                  Note payable, with interest at 8.5%               21,575
                                                              ---------------

                                                           $        72,818
                                                              ===============

At March 31, 1998,  the above notes  payable to officers and  directors  were in
default.

NOTE 3 - COMMON STOCK

During 1997,  the Board of Directors  approved a 1 for 20 reverse stock split of
the Class A common  stock and a decrease in the  authorized  number of shares of
Class A common stock from  200,000,000  to 10,000,000  shares.  The par value of
$.001 was unchanged. The details of the Company's Common Stock at March 31, 1998
are as follows:
                                                            Number of Shares
         Class A, $.001 par value;
           Authorized                                             10,000,000
           Issued and outstanding                                  1,591,349
         Class B, $.001 par value;
           Authorized                                                220,000
           Issued and outstanding                                    213,440

Class B shares are  convertible into Class A shares on an eight  hundred-for-one
basis and each class has the same rights and  privileges  with the  exception of
voting.

On May 8, 1996, a Stock Exchange  Agreement between the Company and AltaChem was
rescinded  by all  parties  retroactive  to its  inception  on December 3, 1995.
Pursuant to the  cancellation  agreement,  all shares of common stock previously
exchanged are to be returned. At March 31, 1998, 18,749,796 (937,490 post 20 for
1 split) shares of the Company's Class A common stock had not been returned. The
Company  has  notified  its stock  transfer  agent  that  these  shares  are not
outstanding and are to be canceled upon receipt of the certificate, accordingly,
a stop  transaction  order has been  placed on the  shares by the  agent.  These
shares are not  included  in the total of  outstanding  shares in the  financial
statements.

NOTE 4 - BASIS OF PRESENTATION

The accompanying consolidated unaudited condensed financial statements have been
prepared by

                                      F-6
<PAGE>

                         BRIA COMMUNICATIONS CORPORATION
               NOTES TO UNAUDITED FINANCIAL STATEMENTS (CONTINUED)
                             March 31, 1998 and 1997

management in accordance with the instructions in form 10-QSB and, therefore, do
not  include all  information  and  footnotes  required  by  generally  accepted
accounting  principles and should,  therefore,  be read in conjunction  with the
company's Annual Report to Shareholders on Form 10-KSB for the fiscal year ended
December 31, 1997. These statements do include all normal recurring  adjustments
which the Company believes  necessary for a fair presentation of the statements.
The interim operations results are not necessarily indicative of the results for
the full year ended December 31, 1998.

NOTE 5 - ADDITIONAL FOOTNOTES INCLUDED BY REFERENCE

There have been no material changes in the information disclosed in the notes to
the financial  statements included in the Company's Annual Report on Form 10-KSB
for the year ended December 31, 1997.  Therefore,  those  footnotes are included
herein by reference.




                                      F-7



<PAGE>

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

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

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


         BRIA  Communications  Corporation,  a New Jersey corporation  hereafter
referred to as the "Company," was originally  involved in the repair of aircraft
turbines and engine  components  and the  purchasing,  processing and selling of
special  refractory  metals.  All active operations in such industries ceased in
June 1994, an event that significantly affected the Company's  performance.  The
Company then changed its focus to searching for suitable  merger or  acquisition
candidates.  Since the  Company  changed its focus to  searching  for a suitable
merger or acquisition candidate, the Company has entered into several agreements
to acquire other companies. All of these acquisitions have failed.

         However,  on April 16, 1998,  the Company  entered into an Agreement to
purchase  a  100%  interest  in  AmViet  Development  Corporation,   a  Bahamian
Corporation  ("AVDC") from International  Beverage  Development  Corporation,  a
Delaware  Corporation.  (the  "Agreement").  AVDC has represented that it is the
owner of a license issued by the Vietnamese  government which allows AVDC to act
as a joint  venture  partner with Quang Tri Beer Factor,  a Vietnamese  partner.
Pursuant to the  licensing  arrangement,  AVDC owns a 70% interest in the AmViet
Mineral Water Company which is license to produce water, mineral water and other
beverages  in  Vietnam.  Quang  Tri Beer  Factory  owns the  other 30% of AmViet
Mineral Water for which it contributed  the plant and land. As of the signing of
the Agreement the plant was unfinished, but was scheduled to begin production in
approximately  60 days.  As of June 12, 1998,  AVDC  represented  that the plant
should be ready for production on or around June 30, 1998.

         ADVC also is a licensee of the Monarch Beverage Company in Vietnam. The
Monarch  license  enables AVDC to sell the Monarch  franchise  products  such as
America Cola, Dad's Rootbeer,  Kikapoo Joy Juice,  and Bubble Up in Vietnam.  If
the  Company  successfully  acquires  AVDC it will  have an  indirect  ownership
interest in the land, buildings,  equipment, water rights, any accrued goodwill,
customer lists and accounts receivables.  The Company anticipates the closing to
occur on July 7, 1998. However,  the Company is still in the due diligence phase
and closing will be subject to a satisfactory  review of AVDC by the Company and
review of the Company by International Beverage Development Corporation.


Plan of Operation

         The Company's  current plans include  completion of it due diligence in
the tentatively  scheduled  closing on the acquisition of AVDC. In the event the
acquisition fails, the Company will continue to search for appropriate  business
opportunities,  including  businesses which the Company can acquire as operating
subsidiaries.  The  Company's  goal is to acquire  assets which will provide the
Company with revenues.

          In the  Company's  quest for business  opportunities,  the Company has
employed  the  services  of  Canton  Financial  Services  Corporation,  a Nevada
corporation and a wholly owned subsidiary of the Company,  ("CFS"). CFS provides
business  services  to the Company  including, administrative,  accounting,  and
shareholder  relations work. CFS was originally retained in May 1995 pursuant to
a Consulting Agreement.  CFS is currently rendering services to the Company. The
terms and amount of payments  will be negotiated  upon the Company  acquiring or
merging with an operating or a potentially viable business.

Results of Operations

         The Company had no significant  operations  during the first quarter of
1998. The operations of the Company have consisted  primarily of maintaining its
corporate  form,  filing  its  public  reports  with the  Securities  & Exchange
Commission  and attempting to settle past debts through the issuance of common
stock.

                                        4

<PAGE>


     The General and administrative  expenses decreased by $72,980 from $104,721
during the quarter  ending March 31, 1997, to $31,741  during the quarter ending
March 31, 1998.  This decrease was due  primarily to a  significant  decrease in
consulting expenses paid to outside consultants.

Capital Resources and Liquidity

         The Company has no current assets and no cash reserves. The Company has
issued shares of its common stock to creditors to cover some of its expenses and
issued common stock at heavy discounts for limited amounts of cash. In addition,
CFS  has  advanced  limited  amounts  of cash to pay  for  expenses  related  to
maintaining the Company's corporate form.

                                     PART II

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

ITEM 5.           OTHER INFORMATION

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

     Subsequent  to the end of the  quarter  ended March 31,  1998,  the Company
issued a total of  570,000  shares  of its Class A common  stock for  consulting
services:  (1) 190,000  shares were issued to the Company's  president,  Richard
Lifschutz;  (2) 70,000 shares were issued to the Company's  secretary/treasurer,
Isaac Lifschutz; (3) 150,000 shares were issued to A-Z Professional Consultants,
Inc.;  (4) 150,000  shares were issued to CFS; and (5) 10,000 shares were issued
for legal services.

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

ITEM 6.           EXHIBITS AND REPORTS ON FORM 8-K

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


(a)      Index to  Exhibits.  Exhibits  required  to be  attached by Item 601 of
         Regulation S-B are listed in the Index to Exhibits  beginning on page 7
         of this Form 10-QSB, which is herein incorporated by reference.

(b)      Reports on Form 8-K.  The  Company did not file any reports on Form 8-K
         during the period for which this report is being filed.


                                        5
<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, this 15th day of June 1998.

         BRIA Communications Corporation


          /s/ Richard Lifschutz
         Richard Lifschutz

         In accordance  with the Exchange Act, this report has been signed below
by the following  persons on behalf of the  registrant and in the capacities and
on the dates indicated.

Signature                           Title                                Date


 /s/ Richard Lifschutz              President and Director         June 15, 1998
----------------------------
Richard Lifschutz


 /s/ Isaac Lifschutz                Treasurer, Secretary           June 15, 1998
-------------------------------     and Director
Isaac Lifschutz

                                        6
<PAGE>


                                INDEX TO EXHIBITS


EXHIBIT                                         DESCRIPTION                     
NUMBER                                                                          
3(a)              *     Articles  of  Incorporation  of the  Company,  filed  as
                        Exhibit 3(i) to * Registrant's Registration Statement on
                        Form S-4 filed June 2, 1990, as amended.

3(b)              *     Bylaws  of  the  Company,  filed  as  Exhibit  3(ii)  to
                        Registrant's  Registration * Statement on Form S-4 filed
                        June 2, 1990, as amended.

10(i)(a)          8     Agreement  to  Acquire  AmViet  Development  Corporation
                        between   the   Company   and   International   Beverage
                        Development  Corporation  dated  April  16,  1998,  with
                        Addendums.


     *  Incorporated  herein by reference  from the Company's  Form 10-KSB filed
with the Commission on August 23, 1994.



                                        7