UNITED STATES
  SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM 10-QSB

(Mark One)

xQuarterly
  report under Section 13 or 15(d) of the Securities Exchange Act of 1934 for
  the 
  quarterly period ended March 31, 2003.

 ̈
  Transition report under Section 13 or 15(d) of the Securities Exchange Act of
  1934 for the 
  transition period from ______ to ______.

Commission file number:000-27407

DELTACAPITAL TECHNOLOGIES, INC.(Exact name of small business issuer as specified
  in its charter)



|Delaware                                                              | 98-0187705                          
|--------------------------------------------------------------------- | ------------------------------------
|(State or other jurisdiction of 
      incorporation or organization) | (I.R.S. Employer Identification No.)

---

Suite 440-375 Water Street , Vancouver, B.C., Canada
  V6B 5C6(Address of principal executive office)         
  (Zip Code)

604-312-0663(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 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 x      No
   ̈

The number of outstanding shares of the issuers common
  stock, $0.001 par value (the only class of voting stock), as of June 23, 2003
  was 8,961,353.

---

TABLE OF CONTENTS

|PART I - FINANCIAL INFORMATION                   
|-------------------------------------------------
|                                                 
|                                                 
|ITEM 1. FINANCIAL STATEMENTS                     
|                                                 
|ITEM 2. MANAGEMENTS DISCUSSION                   
|                                                 
|PART II - OTHER INFORMATION                      
|                                                 
|ITEM 1. LEGAL PROCEEDINGS                        
|                                                 
|ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS
|                                                 
|ITEM 5. OTHER INFORMATION                        
|                                                 
|ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K         
|                                                 
|SIGNATURES                                       
|                                                 
|CERTIFICATIONS                                   
|                                                 
|INDEX TO EXHIBITS                                

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ITEM 1. 	FINANCIAL STATEMENTS

As used herein, the term Company refers to Delta
  Capital Technologies, Inc., a Delaware corporation and predecessors unless otherwise
  indicated. Unaudited, condensed interim financial statements including a balance
  sheet for the Company as of March 31, 2003 and statements of operations, statements
  of changes and shareholders equity and statements of cash flows for the
  interim period up to the date of such balance sheet and the comparable period
  of the preceding year are attached hereto as Pages F-1 through F-7 and are incorporated
  herein by this reference.

FORWARD-LOOKING STATEMENTS

Statements in this report, to the extent they are not based
  on historical events, constitute forward-looking statements. Forward-looking
  statements include, without limitation, statements regarding the outlook for
  future operations, forecasts of future costs expenditures, the evaluation of
  market conditions, the outcome of legal proceedings, the adequacy of reserves,
  or other business plans. We used herein, such statements may us words such as
  may, will, expect, believe,
  plan and similar terminology. These statements reflect managements
  current expectations regarding future events and operating performance and speak
  only as of the date hereof. Investors are cautioned that forward-looking statements
  are subject to an inherent risk that actual results may vary materially from
  those described herein. Factors that may result in such variance, in addition
  to those accompanying the forward-looking statements, include changes in international,
  national and local business and economic condition, competition, changes in
  interest rates, actions by competitors, actions by government authorities, uncertainties
  associated with legal proceedings, technological development, future decisions
  by management in response to changing conditions and misjudgements in the course
  of preparing forward-looking statements. The foregoing list of factors is not
  exhaustive.

3

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INDEX TO FINANCIAL STATEMENTS

|                                              | PAGE | 
|--------------------------------------------- | ---- | 
|                                              |      | 
|Balance Sheet                                 | F-2  | 
|                                              |      | 
|Statements of Operations                      | F-3  | 
|                                              |      | 
|Statements of Changes in Stockholders Equity | F-4  | 
|                                              |      | 
|Statements of Cash Flows                      | F-5  | 
|                                              |      | 
|Notes to Unaudited Financial Statements       | F-6  | 

4

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DELTA CAPITAL TECHNOLOGIES, INC.
  BALANCE SHEET
  March 31, 2003
  (Unaudited)

|ASSETS                                         |   |            |  
|---------------------------------------------- | - | ---------- | -
|Current assets                                 |   |            |  
|Cash                                           | $ | 102        |  
|Loan to Affiliate                              |   | 8,844      |  
|                                               |   |            |  
|Total Current Assets                           | $ | 8,946      |  
|License                                        |   | 50,000     |  
|Total Assets                                   |   | 58,946     |  
|                                               |   |            |  
|                                               |   |            |  
|LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT) |   |            |  
|Current liabilities                            |   |            |  
|Accounts payable                               | $ | 382,283    |  
|Obligation for License                         |   | 7,576      |  
|Note Payable                                   |   | 20,000     |  
|Loans Payable                                  |   | 27,766     |  
|Shareholder Loan                               |   | 1,000      |  
|Deposits                                       |   | 2,500      |  
|                                               |   |            |  
|Total current liabilities                      |   | 441,125    |  
|                                               |   |            |  
|Minority interest                              |   |            |  
|                                               |   |            |  
|Stockholders Equity (Deficit)                 |   |            |  
|Common stock, $.001 par value                  |   | 8,262      |  
|Additional paid-in capital                     |   | 7,184,113  |  
|Accumulated Deficit                            |   | (7,574,554 | )
|                                               |   |            |  
|                                               |   | (382,179   | )
|                                               |   |            |  
|                                               | $ | 58,946     |  
|                                               |   |            |  

The accompanying notes are an integral part
  of these financial statements

F2

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DELTA CAPITAL TECHNOLOGIES, INC.STATEMENTS OF OPERATIONSFor the Three Months Ended March 31, 2003 and 2002
  (Unaudited)

|                          |   | March 31, |  |   | March 31, |  
|------------------------- | - | --------- |  | - | --------- | -
|                          |   | 2003      |  |   | 2002      |  
|                          |   |           |  |   |           |  
|Revenue                   |   |           |  |   |           |  
|Gain from partial         |   |           |  |   |           |  
|disposition of subsidiary | $ | 125,624   |  | $ | -         |  
|                          |   |           |  |   |           |  
|                          |   |           |  |   |           |  
|Expenses                  |   |           |  |   |           |  
|General and               |   |           |  |   |           |  
|administrative            |   | 8,845     |  |   | 138,987   |  
|                          |   |           |  |   |           |  
|                          |   |           |  |   |           |  
|Net income (loss)         | $ | 116,779   |  | $ | (138,987  | )
|                          |   |           |  |   |           |  
|Basic and diluted income  |   |           |  |   |           |  
|(loss) per share          | $ | 0.01      |  | $ | (0.06     | )
|                          |   |           |  |   |           |  

The accompanying notes are an integral part
  of these financial statements

F3

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DELTA CAPITAL TECHNOLOGIES, INC.
  STATEMENT OF CHANGES IN STOCKHOLDERS EQUITYFor the period from December 31, 2002 to March 31, 2003(Unaudited)

|                                    | Common Stock |  |   | Additional |  |   | Accumulated     |  |   |            |  
|----------------------------------- | ------------ |  | - | ---------- |  | - | --------------- |  | - | ---------- | -
|                                    | Shares       |  |   | Amount     |  |   | Paid in Capital |  |   | Deficit    |  
|                                    |              |  |   |            |  |   |                 |  |   |            |  
|                                    |              |  | $ |            |  | $ |                 |  | $ |            |  
|Balance, December 31, 2002          | 5,463,714    |  |   | 5,464      |  |   | 7,135,064       |  |   | 7,691,333  |  
|Issuance of stock for services      | 300,000      |  |   | 300        |  |   | 2,700           |  |   |            |  
|(January 2003)                      |              |  |   |            |  |   |                 |  |   |            |  
|Issuance of stock for Cash          | 2,497,639    |  |   | 2,498      |  |   | 46,349          |  |   |            |  
|(March 2003)                        |              |  |   |            |  |   |                 |  |   |            |  
|Net Income for the period           |              |  |   |            |  |   |                 |  |   | 116,779    |  
|                                    |              |  |   |            |  |   |                 |  |   |            |  
|Balance, March 31, 2003 (Unaudited) | 8,261,353    |  | $ | 8,262      |  | $ | 7,184,113       |  | $ | (7,574,554 | )

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

F4

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DELTA CAPITAL TECHNOLOGIES, INC.STATEMENTS OF CASH FLOWSFor the Three Months Ended March 31, 2003 and 2002
  (Unaudited)

|                                                                    |   | March 31, |   |   | March 31, |  
|------------------------------------------------------------------- | - | --------- | - | - | --------- | -
|                                                                    |   | 2003      |   |   | 2002      |  
|                                                                    |   |           |   |   |           |  
|Cash Flows From Operating Activities                                |   |           |   |   |           |  
|Net income (loss)                                                   | $ | 116,779   |   | $ | (138,987  | )
|Gain on partial disposition of subsidiary
      net of cash         |   | (128,986  | ) |   |           |  
|Adjustments to reconcile
      net loss to net cash used in         |   |           |   |   |           |  
|operating activities                                                |   |           |   |   |           |  
|Issuance
      of common stock for services and expenses            |   | 3,000     |   |   | 41,000    |  
|Decrease
      in accounts payable                                  |   |           |   |   | (21,217   | )
|Increase
      in prepaid expenses                                  |   |           |   |   | (21,000   | )
|                                                                    |   |           |   |   |           |  
|                                                                    |   |           |   |   |           |  
|Net
      cash from operating activities                            |   | (9,207    | ) |   | (140,202  | )
|                                                                    |   |           |   |   |           |  
|                                                                    |   |           |   |   |           |  
|**Cash Flows From Investing Activities**                            |   |           |   |   |           |  
|Acquisition of License                                              |   | (42,424   | ) |   |           |  
|                                                                    |   |           |   |   |           |  
|Cash Flows From Financing Activities                                |   |           |   |   |           |  
|Advances to affiliate                                               |   | (749      | ) |   |           |  
|Proceeds from advances                                              |   |           |   |   | 1,950     |  
|Proceeds from issuance of common stock                              |   | 48,847    |   |   | 137,800   |  
|                                                                    |   |           |   |   |           |  
|                                                                    |   |           |   |   |           |  
|Net
      cash provided by financing activities                     |   | 48,098    |   |   | 199,750   |  
|                                                                    |   |           |   |   |           |  
|                                                                    |   |           |   |   |           |  
|Net increase (decrease) in cash                                     |   | (3,533    | ) |   | (452      | )
|Cash, beginning of period                                           |   | 3,635     |   |   | 452       |  
|Cash, end of period                                                 | $ | 102       |   | $ | 0         |  
|                                                                    |   |           |   |   |           |  
|                                                                    |   |           |   |   |           |  
|No cash payments for interest or income taxes have been
      made. |   |           |   |   |           |  

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

F5

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DELTA CAPITAL TECHNOLOGIES, INC.NOTES TO FINANCIAL STATEMENTS
  For the Three Months Ended March 31, 2003
  (Unaudited)

Note 1. Basis of Presentation

The interim period financial statements contained herein include
  the accounts of Delta Capital Technologies, Inc. (the Company).

The interim period financial statements have been prepared
  by the Company pursuant to the rules and regulations of the U.S. Securities
  and Exchange Commission (the SEC). Certain information and footnote
  disclosure normally included in financial statements prepared in accordance
  with generally accepted accounting principles have been condensed or omitted
  pursuant to such SEC rules and regulations. The interim period financial statements
  should be read together with the audited consolidated financial statements and
  accompanying notes included in the Companys latest annual report on Form
  10-KSB for the fiscal year ended December 31, 2002. In the opinion of the Company,
  the unaudited financial statements contained herein contain all adjustments
  necessary to present a fair statement of the results of the interim periods
  presented.

Note 2. Summary of Significant Accounting Policies

Earnings Per Share

Basic earnings per share is computed by dividing income (loss)
  for the period by the weighted average number of common shares outstanding during
  a period. Diluted earnings per share takes into consideration common shares
  outstanding (computed under basic earnings per share) and potentially dilutive
  common shares. The weighted average number of shares was 6,116,353 and 2,278,417
  for the three months ended March 31, 2003 and March 31, 2002, respectively.

Note 3. Going Concern

As shown in the financial statements, the Company has had
  substantial net losses for several years. Further, the Company has net deficiency
  in capital of $382,179 at March 31, 2003. These factors raise concerns about
  the Companys ability to continue as a going concern.

The Company will need additional working capital to be successful
  in any future business activities and to service its current debt for the coming
  year. Therefore, continuation of the Company as a going concern is dependent
  upon obtaining the additional working capital necessary to accomplish its objective.
  Management is presently engaged in seeking additional working capital equity
  funding and plans to continue to invest in other businesses with funds obtained.

The accompanying financial statements do not include any adjustments
  to the recorded assets or liabilities that might be necessary should the Company
  fail in any of the above objectives and is unable to operate for the coming
  year.

Note 4. Acquisition of Subsidiary

On January 1, 2003 Homelands acquired all the existing and
  outstanding shares of Dolphin Investigations Ltd. (Dolphin) in exchange
  for three hundred thousand shares (300,000) of Homelands Securities, Inc. (Homelands).
  The acquisition of Dolphin reduced the Companys interest in Homelands
  to 44.26% and as a result the Company is now a minority interest holder in Homelands.

F6

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Note 5. Gain on Partial Disposition of Subsidiary

As a result of Homelands issuance of shares to affect
  the acquisition of Dolphin, the Companys ownership of Homelands was reduced
  from 51.3% to 44.26%. The Company no long exercises control over Homelands but
  does retain an element of significant influence. As such, the Company no longer
  consolidates Homelands; rather, its investment in Homelands is accounted for
  using the equity method. The Company recognized a gain to the extent that the
  liabilities of Homelands exceeded its assets at the effective date of the change
  in method of accounting for its investment. The investment in Homelands under
  the equity method was restored to a zero balance as of the date of the transaction
  since the Company has no obligation to fund future losses.

ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS

Managements Discussion

As used herein the term Company refers to Delta
  Capital Technologies, Inc., a Delaware corporation, including subsidiaries and
  predecessors, unless the context indicates otherwise. During the quarter ended
  March 31, 2003, the Companys majority owned subsidiary, Homelands Security,
  Inc., (Homelands) completed the acquisition of 100% of Interglobe Investigation
  Services, Inc. (InterGlobe). The transaction closed on April 15,
  2002.

On January 1, 2003 Homelands acquired all the existing and
  outstanding shares of Dolphin Investigations Ltd. (Dolphin) in exchange
  for three hundred thousand shares (300,000) of Homelands. The acquisition of
  Dolphin reduced the Companys interest in Homelands to that of a minority
  interest holder.

In March 2003, the Company entered into an agreement to purchase
  for $50,000 the license to promote, sell and deploy the Triton product line
  of non-depository, indoor cash dispensers. The Company paid $42,424 toward this
  obligation in March 2003.

The Company is currently a holding company with a minority
  interest in Homelands. The Companys intention is to act as a diversified
  holding company that will own both majority and minority interests in various
  business operations that will be acquired primarily with the Companys
  common stock.

General

During the next 12 months, the Company intends to continue
  its attempts to increase its holdings through an acquisition or merger while
  continuing to assist Homelands Security, Inc. develop strategic corporate relationships
  (i.e. joint services relationship, partnership or acquisition). Additionally,
  the Company will begin developing a marketing plan to promote, sell and deploy
  the Triton product line of non-depository, indoor cash dispensers.

Income

During the three-month period ending March 31, 2003 the Company
  had income of $116,779 as a result of a change in accounting for the previously
  consolidated subsidiary, Homelands. This change resulted in a gain on partial
  disposition of a subsidiary. (See Note 5 to the Financial Statements) The Company
  recorded no loss from its investment in its equity method subsidiary for the
  period ended March 31 2003 because the loss was in excess of the Company's investment
  in the subsidiary.

Capital Expenditures

The Company had no capital expenditures for the three-month
  period ending March 31, 2003.

4

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Capital Resources and Liquidity

The Company had current assets of $8,946 and total assets
  of $58,946 as of March 31, 2003. A net stockholders deficit in the Company
  was ($382,179) at March 31, 2003. Net cash used in operating activities was
  ($9,207) for the three months ended March 31, 2003. Cash was used during the
  first three months on accounting and administrative costs and the payment of
  the obligation for the acquisition of the license reffered to above.

The Company does not have sufficient capital to operate over
  the next fiscal year without a substantial infusion of operating capital. It
  will be necessary for the Company to either borrow funds to operate or generate
  operating funds through the sale of equity in the Company or its subsidiaries.
  There can be no assurance that the Company will be able to generate sufficient
  income from either borrowing, the sale of equity, or a combination thereof to
  allow it to operate its business during the coming year. Unless the Company
  is successful in raising additional operating capital, it will not have sufficient
  funds to operate during the balance of the fiscal year.

The Company has no current plans to perform any product research
  and development during the coming year.

The Company has no current plans to spend any significant
  amount in the coming year on plant or equipment.

At the present time, it is not anticipated that the Company
  will have any significant increase in the number of employees working for the
  Company.

Going Concern

In the Auditors report on the Companys financial
  statements as of December 31, 2002, they indicated there was substantial doubt
  about the Companys ability to continue as a going concern. The Company
  incurred a net loss of $594,419 in 2002, had a net deficiency in capital of
  $550,805 as of December 31, 2002, and has virtually no working capital. These
  factors raise concerns about the Companys ability to continue as a going
  concern. Managements plan to address the Companys ability to continue
  as a going concern, includes: (1) obtaining funding from the sale of the Companys
  securities; (2) begin to market and sell the Triton product line of non-depository,
  indoor cash dispensers, and (3) obtaining loans from various financial institutions
  where possible. Although management believes that it will be able to obtain
  the necessary funding to allow the Company to remain a going concern through
  the methods discussed above, there can be no assurances that such methods will
  prove successful.

PART II-OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

No material developments occurred during the quarter ended
  March 31,2003, with respect to pending litigation. For more information on legal
  proceedings, see the Companys Form 10KSB for the year ended December 31,
  2002.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

On January 7, 2003, the Company issued 100,000 shares of its
  common stock to each of the following three individuals: Martin Tutschek, Ken
  Maude and Christopher Humble for services rendered. The Company relied upon
  section 4(2) of the Securities Act of 1933 in an isolated private transaction
  by the

5

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Company which did not involve a public offering. The Company
  made this offering based on the following factors: (1) The issuance was an isolated
  private transaction by the Company which did not involve a public offering;
  (2) there were only three offerees who were issued stock for consulting services;
  (3) the offerees did not resell the stock but have continued to hold it since
  the date of issue; (4) there were no subsequent or contemporaneous public offerings
  of the stock; (5) the stock was not broken down into smaller denominations;
  and (6) the negotiations for the sale of the stock took place directly between
  the offerees and the Company.

On March 7, 2003 the Company issued 900,000 shares of its
  common stock to Dr. Kim Lu, a resident of Vancouver, Canada, for cash. The Company
  issued the shares in reliance upon Regulation S of the Securities Act of 1933.

On March 7, 2003 the Company issued 335,570 shares of its
  common stock to Mr. Tom Mark, a resident of Vancouver, Canada, for cash. The
  Company issued the shares in reliance upon Regulation S of the Securities Act
  of 1933.

On March 28, 2003 the Company issued 175,000 shares of its
  common stock to Jeff Stevenson, a resident of Vancouver, Canada, for cash. The
  Company issued the shares in reliance upon Regulation S of the Securities Act
  of 1933.

On March 28, 2003 the Company issued 169,827 shares of its
  common stock to Mr. Paul Bangel a resident of Vancouver, Canada, for cash. The
  Company issued the shares in reliance upon Regulation S of the Securities Act
  of 1933.

On March 28, 2003 the Company issued 517,242 shares of its
  common stock to Ms. Pia Athayde, a resident of Winnipeg, Canada, for cash. The
  Company issued the shares in reliance upon Regulation S of the Securities Act
  of 1933.

On March 28, 2003 the Company issued 400,000 shares of its
  common stock to one British Columbia company. The Company issued the shares
  in reliance upon Regulation S of the Securities Act of 1933.

Regulation S provides generally that any offer or sale that
  occurs outside of the United States is exempt from the registration requirements
  of the Securities Act of 1933, provided that certain conditions are met. Regulation
  S has two safe harbors. One safe harbor applies to offers and sales by issuers,
  securities professionals involved in the distribution process pursuant to contract,
  their respective affiliates, and persons acting on behalf of any of the foregoing
  (the issuer safe harbor), and the other applies to resales by persons
  other than the issuer, securities professionals involved in the distribution
  process pursuant to contract, their respective affiliates (except certain officers
  and directors), and persons acting on behalf of any of the forgoing (the resale
  safe harbor). An offer, sale or resale of securities that satisfied all
  conditions of the applicable safe harbor is deemed to be outside the United
  States as required by Regulation S. The distribution compliance period for shares
  sold in reliance on Regulation S is one year.

The Company has complied with the requirements of Regulation
  S by having no directed selling efforts made in the United States, by selling
  only to buyers who were outside the United States at the time the buy orders
  originated, ensuring that each person is a non-U.S. person with address in a
  foreign country and having each person make representation to the Company certifying
  that he or she is not a U.S. person and is not acquiring the Securities for
  the account or benefit of a U.S. person other than persons who purchased Securities
  in transactions exempt from the registration requirements of the Securities
  Act; and also agrees only to sell the Securities in accordance with the registration
  provisions of the Securities Act or an exemption therefrom, or in accordance
  with the provisions of the Regulation.

6

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ITEM 5. OTHER INFORMATION

On April 11, 2003 the Company issued 700,000 shares of its
  common stock to four individuals for cash. The Company issued the shares in
  reliance upon Regulation S of the Securities Act of 1933.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits. Required to be attached by Item 601 of
  Regulation S-B are listed in the Index to Exhibits on page 9 of this Form 10-QSB,
  and are incorporated herein by this reference.

(b) Reports on Form 8-K. The Company no reports on
  Form 8-K during the period covered by this report.

7

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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 21st day of June, 2003.

| | Delta Capital Technologies, Inc.
| | --------------------------------
| |                                 
| |                                 
| | /s/ Martin Tutschek___        
| | President and Director          

8

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CERTIFICATION PURSUANT TO RULE 13a-14 OF THE SECURITIES EXCHANGE
  ACT
  OF 1934, AS AMENDED, AS ADOPTED PURSUANT TO SECTION 302
  OF THE SARBANES-OXLEY ACT OF 2002

|I, Martin Tutschek, president
        and chief financial officer of Delta Capital Technologies, Inc. certify
        that:
|---------------------------------------------------------------------------------------------------------------------------
|                                                                                                                           
|1.                                                                                                                         
|                                                                                                                           
|2.                                                                                                                         
|                                                                                                                           
|3.                                                                                                                         
|                                                                                                                           
|4.                                                                                                                         
|                                                                                                                           
|                                                                                                                           
|                                                                                                                           
|                                                                                                                           
|                                                                                                                           
|                                                                                                                           
|                                                                                                                           
|5.                                                                                                                         
|                                                                                                                           
|6.                                                                                                                         

Date: June 21, 2003

/s/ Martin TutschekPresident and Chief Financial Officer

9

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INDEX TO EXHIBITS

|EXHIBIT            |  | PAGE |  | DESCRIPTION OF EXHIBIT                                                                                                                                                                                                                   
|------------------ |  | ---- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|NO.                |  | NO.  |  |                                                                                                                                                                                                                                          
|                   |  |      |  |                                                                                                                                                                                                                                          
|3(i)               |  | *    |  | Articles of Incorporation
        dated March 4, 1998. (Incorporated by reference from Form 10SB filed with
        the SEC on January 5, 2000.)                                                                                         
|                   |  |     
|3(ii)              |  | *    |  | Amended Articles of Incorporation dated
        April 23, 1998. (Incorporated by reference from Form 10SB filed with the
        SEC on January 5, 2000.)                                                                                
|                   |  |     
|3(iii)             |  | *    |  | By-Laws of Delta Capital dated April
        23, 1998. (Incorporated by reference from Form 10SB filed with the SEC
        on January 5, 2000.)                                                                                         
|                   |  |     
|3(iv)              |  | *    |  | Amended Articles of Incorporation dated
        January 4, 2002.(Incorporated by reference from Form 10SB filed with the
        SEC on May 23, 2003.)                                                                                   
|                   |  |     
|                  
|MATERIAL CONTRACTS
|                   |  |      |  |                                                                                                                                                                                                                                          
|10(i)              |  | *    |  | Debt Settlement Agreement dated January
        8, 2002 between Delta Capital Technologies, Inc. and Bayside Management
        Corp. (Incorporated by reference from the 10-QSB filed with the SEC on
        June 6, 2002.)            
|                   |  |     
|                   |  |      |  |                                                                                                                                                                                                                                          
|10(ii)             |  | *    |  | Debt Settlement Agreement dated January
        9, 2002 between Delta Capital Technologies, Inc. and Churchill Resource
        Group, Inc. (Incorporated by reference from the 10-QSB filed with the
        SEC on June 6, 2002.)      
|                   |  |     
|                   |  |      |  |                                                                                                                                                                                                                                          
|10(iii)            |  | *    |  | Debt Settlement Agreement dated January
        9, 2002 between Delta Capital Technologies, Inc. and BP Equity Management
        Corp. (Incorporated by reference from the 10-QSB filed with the SEC on
        June 6, 2002.)          
|                   |  |     
|                   |  |      |  |                                                                                                                                                                                                                                          
|10(iv)             |  | *    |  | Debt Settlement Agreement dated January
        9, 2002 between Delta Capital Technologies, Inc. and Jeff Young. (Incorporated
        by reference from the 10-QSB filed with the SEC on June 6, 2002.)                                 
|                   |  |     
|                   |  |      |  |                                                                                                                                                                                                                                          
|10(v)              |  | *    |  | Debt Settlement Agreement dated January
        10, 2002 between Delta Capital Technologies, Inc. and Bonanza Mgmt. Ltd.
        (Incorporated by reference from the 10-QSB filed with the SEC on June
        6, 2002.)                 
|                   |  |     
|                   |  |      |  |                                                                                                                                                                                                                                          
|10(vi)             |  | *    |  | Debt Settlement Agreement dated January
        10, 2002 between Delta Capital Technologies, Inc. and Peter Kent Carasquero.
        (Incorporated by reference from the 10-QSB filed with the SEC on June
        6, 2002.)             
|                   |  |     
|                   |  |      |  |                                                                                                                                                                                                                                          
|10(vii)            |  | *    |  | Debt Settlement Agreement dated January
        10, 2002 between Delta Capital Technologies, Inc. and Hospitality Financial
        Services Ltd. (Incorporated by reference from the 10-QSB filed with the
        SEC on June 6, 2002.)
|                   |  |     
|                   |  |      |  |                                                                                                                                                                                                                                          
|10(viii)           |  | *    |  | Fee Agreement dated January, 2002 between
        Delta Capital Technologies, Inc. and Kent Carasquero. (Incorporated by
        reference from the 10-QSB filed with the SEC on June 6, 2002.)                                          
|                   |  |     
|                   |  |      |  |                                                                                                                                                                                                                                          
|10(ix)             |  | *    |  | Stock Purchase and Sale Agreement dated
        March 8, 2002 between Delta Capital Technologies, Inc. and Homelands Security
        Inc. (Incorporated by reference from the 10-QSB filed with the SEC on
        June 6, 2002.)       
|                   |  |     

10

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|EXHIBIT |  | PAGE |  | DESCRIPTION OF EXHIBIT                                                                                                                                                                                                               
|------- |  | ---- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|NO.     |  | NO.  |  |                                                                                                                                                                                                                                      
|        |  |      |  |                                                                                                                                                                                                                                      
|10(x)   |  | *    |  | Debt Settlement Agreement dated November
        11, 2002 between Delta Capital Technologies, Inc. and Jam Corporate Consultants
        (Incorporated by reference from the 10-QSB filed with the SEC on December
        23, 2002.)
|        |  |     
|        |  |      |  |                                                                                                                                                                                                                                      
|10(xii) |  | *    |  | License Agreement between Delta Capital Technologies, Inc.
      and Net Cash Services. Inc. (Incorporated by reference from Form 10SB filed
      with the SEC on May 23, 2003.)                                                    
|        |  |     

11

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