UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-QSB/A



AMENDMENT NO. 1
(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, 2003
[ ] Transition report under Section 13 or 15(d) of the Exchange Act
For the transition period from ___________ to ___________.
Commission File Number: 33-23473
CORDIA CORPORATION
-----------------------------------------------------------------------
(Exact Name of Small Business Issuer as Specified in Its Charter)
Nevada                                  2917728
-------------------------------       ------------------------------------
(State or Other Jurisdiction of       (I.R.S. Employer Identification No.)
Incorporation or Organization)
2500 Silverstar Road, Suite 500, Orlando, Florida 32804
----------------------------------------------------------------------
(Address of Principal Executive Offices)
866-777-7777
---------------------------
(Issuer's Telephone Number, Including Area Code)
APPLICABLE ONLY TO ISSUERS INVOLVED IN
BANKRUPTCY PROCEEDINGS DURING THE
PRECEDING FIVE YEARS
Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of

securities under a plan confirmed by a court.

Yes [ ] No [ ]APPLICABLE ONLY TO CORPORATE ISSUERSAs of May 10, 2003, there were 5,821,211 shares of the issuer's common stock
outstanding.
    Transitional Small Business Disclosure Format (check one):
Yes [ ] No [X]

PART I
                              FINANCIAL INFORMATIONItem 1.  Financial Statements.CORDIA CORPORATION AND SUBSIDIARIES
                                      CONDENSED CONSOLIDATED BALANCE SHEETS
                                                   (UNAUDITED)

March 31,        December 31,
                                                                                      2003               2002
                                                                                   -----------       -----------
                                     ASSETS
 Current Assets
   Cash                                                                            $    18,757       $   234,770
   Accounts receivable, less allowance for doubtful accounts of
       $56,390 (2003) and $65,000 (2002)                                               303,905           507,920
   Investments                                                                           5,600             3,685
   Prepaid expenses and other current assets                                            29,200            64,817
   Other loans receivable                                                                    -            33,649
                                                                                   -----------       -----------
   TOTAL CURRENT ASSETS                                                                357,462           844,841
                                                                                   -----------       -----------
 Property and equipment, at cost
   Office equipment                                                                     13,228           230,660
   Equipment - capital leases                                                                -            58,567
   Vehicles                                                                                  -            16,743
   Furniture and fixtures                                                                    -            98,376
                                                                                   -----------       -----------
                                                                                        13,228           404,346
   Less: Accumulated depreciation                                                        3,882           141,140
                                                                                   -----------       -----------
   NET PROPERTY AND EQUIPMENT                                                            9,346           263,206
                                                                                   -----------       -----------
 Other Assets
    Notes Receivable                                                                   750,000                 -
    Security Deposits                                                                   61,850            60,904
                                                                                   -----------       -----------
    TOTAL OTHER ASSETS                                                                 811,850            60,904
                                                                                   -----------       -----------
   TOTAL ASSETS                                                                    $ 1,178,658       $ 1,168,951
                                                                                   ===========       ===========
                LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
 Current Liabilities
   Book Overdraft                                                                  $         -       $    90,946
   Accounts payable and accrued expenses                                               576,746         1,782,184
   Obligation under capital lease, current portion                                           -            25,672
   Unearned income                                                                     105,861            93,237
   Loans payable to affiliates                                                               -             9,744
   Loans payable-other                                                                  23,491            36,103
                                                                                   -----------       -----------
   TOTAL CURRENT LIABILITIES                                                           706,098         2,037,886
                                                                                   -----------       -----------
 Noncurrent Liabilities
   Obligation under capital lease, less current portion                                      -             7,404
                                                                                   -----------       -----------
   TOTAL NONCURRENT LIABILITIES                                                              -             7,404
                                                                                   -----------       -----------
 Stockholders' Equity (Deficit)
   Preferred stock, $.001 par value; 5,000,000 shares authorized,
     no shares issued and outstanding                                                        -                 -
   Common stock, $.001 par value;<R> 100,000,000 </R> shares authorized,
      5,761,211 (2003) and  5,701,211 (2002) shares issued and outstanding               5,761             5,701
   Additional paid-in capital                                                        4,071,079         3,956,739
   Common stock subscribed                                                              44,500            60,000
   Accumulated deficit                                                              (3,623,780)       (4,873,779)
                                                                                   ------------       -----------
                                                                                       497,560          (851,339)
   Less Treasury stock, 10,000 common shares at cost                                   (25,000)          (25,000)
                                                                                   -----------       ------------
   TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                                                472,560          (876,339)
                                                                                   ------------       -----------
   TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                            $ 1,178,658       $ 1,168,951
                                                                                   ===========       ===========

Note:  The balance sheet at December 31, 2002 has been derived from audited
       financial statements at that date but does not include all the
       information and footnotes required by generally accepted accounting
       principles in the United States.
       See notes to consolidated financial statements.

CORDIA CORPORATION AND SUBSIDIARIES
                          CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                            (UNAUDITED)

For the Three Months Ended
                                                                                March 31,
                                                                     -----------------------------
                                                                         2003             2002
                                                                     -----------       -----------
 Revenues
   Telecommunications revenue                                        $   612,592                 -
   Other                                                                  10,000            76,409
                                                                     -----------       -----------
                                                                         622,592            76,409
                                                                     -----------       -----------
 Operating Expenses
   Resale and wholesale line charges                                     297,191                 -
   Payroll and payroll taxes                                             161,117           108,751
   Advertising and promotion                                              71,164             7,857
   Professional and consulting fees                                      112,762           172,563
   Depreciation                                                            1,248               437
   Insurance                                                              18,066             5,084
   Office expense                                                          8,578             2,166
   Telephone                                                              13,769             1,606
   Rent and building maintenance                                          13,771             6,000
   Other selling, general and administrative                              94,603             8,222
                                                                     -----------       -----------
                                                                         792,269           312,686
                                                                     -----------       -----------
 Operating Loss                                                         (169,677)         (236,277)
                                                                     -----------       -----------
 Other Income (Expenses)
   Income (loss) on investments                                            2,800           (31,343)
   Other income                                                            3,633                 -
   Interest expense                                                         (337)             (727)
                                                                     -----------       -----------
                                                                           6,096           (32,070)
                                                                     -----------       -----------
 Loss From Continuing Operations                                        (163,581)         (268,347)
                                                                     -----------       -----------
 Income (Loss) from Discontinued Operations
   Loss from operations of discontinued segments                        (140,726)         (339,175)
   Gain on disposal                                                    1,554,306                 -
                                                                     -----------       -----------
                                                                       1,413,580          (339,175)
                                                                     -----------       -----------
 Net Income (Loss)                                                   $ 1,249,999       $  (607,522)
                                                                     ===========       ===========
 Income (Loss) per Share                                             $      0.22       $     (0.11)
                                                                     ===========       ===========
 Weighted Average Shares Outstanding                                   5,722,537         5,461,713
                                                                     ===========       ===========

See notes to consolidated financial statements.

CORDIA CORPORATION AND SUBSIDIARIES
                            CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                              (UNAUDITED)

For the Three Months Ended
                                                                                      March 31,
                                                                                  2003         2002
                                                                              -----------    ---------
 Cash Flows From Operating Activities
   Net income (loss)                                                          $ 1,249,999    $(607,522)
   Adjustments to reconcile net loss to net cash
     used by operations
      (Gain) on disposal of subsidiaries                                       (1,554,308)           -
      (Gain) loss on investments                                                   (2,800)      52,349
       Consulting expense                                                          60,400      136,509
       Professional fees                                                                -       11,000
       Depreciation expense                                                         1,249       24,941
       Non cash expenses of discontinued business segments                         13,919            -
      (Increase) decrease in assets
         Accounts receivable                                                       36,409     (110,398)
         Prepaid expenses and other current assets                                (21,111)     (36,698)
         Security deposits                                                        (28,085)           -
       Increase (decrease) in liabilities
         Book overdraft                                                           182,236            -
         Accounts payable and accrued expenses                                    (95,388)     526,253
         Unearned income                                                          179,290      259,451
                                                                              -----------    ---------
     NET CASH PROVIDED BY OPERATING ACTIVITIES                                     21,810      255,885
                                                                              -----------    ---------
 Cash Flows From Investing Activities
  (Increase) in loans receivable from affiliates                                   (9,104)    (157,334)
   Decrease in loans receivable from affiliates                                     1,750      128,500
   Decrease in cash of sold subsidiaries                                         (241,055)           -
   Proceeds from sale of investments                                                    -       26,546
   Decrease in securities sold but not purchased                                        -      (66,790)
   Purchase of property and equipment                                              (5,419)     (66,336)
                                                                              -----------    ---------
    NET CASH (USED) BY INVESTING ACTIVITIES                                      (253,828)    (135,414)
                                                                              -----------    ---------
 Cash Flows From Financing Activities
   Proceeds from issuance and subscription of common stock                         38,500       35,000
   Payment of capital lease obligation                                             (9,884)      (4,531)
   Payment of notes payable                                                             -         (993)
   Proceeds from loans payable to affiliates                                            -        9,000
   Payment of loans payable to affiliates                                               -            -
   Proceeds from other loans payable                                               25,468       10,599
   Payment of loans payable other                                                 (38,079)           -
                                                                              -----------    ---------
    NET CASH PROVIDED BY FINANCING ACTIVITIES                                      16,005       49,075
                                                                              -----------    ---------
 Increase (Decrease) in Cash                                                     (216,013)     169,546
 Cash, Beginning                                                                  234,770      185,348
                                                                              -----------    ---------
 Cash, Ending                                                                 $    18,757    $ 354,894
                                                                              ===========    =========

See notes to condensed consolidated financial statements.

CORDIA CORPORATION AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                                 March 31, 2003
Note 1: Basis of Presentation
Our unaudited condensed financial statements have been prepared in accordance with the instructions to Form 10-QSB and do not include all of the information and disclosures required by generally accepted accounting principles. Therefore, these financial statements should be read in conjunction with the financial statements and related footnotes included in our Annual Report on Form 10-KSB for the most recent year-end. These financial statements reflect all adjustments that are, in the opinion of management, necessary to fairly state the results for the interim periods reported. The results of operations for the three-month period ended March 31, 2003 are not necessarily indicative of the results to be expected for the full year. 
The consolidated financial statements include our accounts and the accounts of Cordia Communications Corp. for the years ended December 31, 2002 and for the three months ended March 31, 2003 and 2002. The consolidated financial statements also include the accounts of its discontinued business ISG Group, Inc. ("ISG") and its subsidiaries (Universal Recoveries, Inc. and U.L.A.E., Inc., both wholly-owned) as of December 31, 2002, and for the three months ended March 31, 2002 and the period January 1, 2003 through March 3, 2003 (date of disposal). The consolidated financial statements also include the accounts of our discontinued business segment, RiderPoint, Inc. ("RiderPoint") and subsidiary, for the three months ended March 31, 2002. All material intercompany balances and transactions have been eliminated. 
Note 2: Investments
At March 31, 2003 and December 31, 2002, investments included common shares of eLEC Communications Corp. ("eLEC"). All investments are classified as trading securities and accordingly, stated at fair value, which is based on market quotes. Adjustments to fair value of the equity securities are recorded as an increase or decrease in investment income in the accompanying statements of operations. 
During June 2002, we sold all of our common shares of RiderPoint and its subsidiary, RP Insurance Agency Inc. ("RP Insurance Agency"), and our entire membership interest in Webquill Internet Services, LLC ("Webquill") for $1,000. We recognized a gain of $322,796 in connection with such sale. The results of operations of RiderPoint, RP Insurance Agency and Webquill are presented as losses from operations of discontinued segments in the accompanying condensed consolidated statements of operations. 
On March 3, 2003, we sold our equity interests in ISG to West Lane Group Inc. ("West Lane Group"), a company owned by the then-current management of ISG. The $750,000 selling price of ISG is evidenced by a promissory note bearing interest at the rate of 6% per annum. The principal obligation of $750,000 under the note is payable on or before March 3, 2005, and is secured by 700,000 shares of our common stock owned by West Lane Group. 
NOTE 3: Sale of Business Segments
Sale of RiderPoint, Inc. and its subsidiary:
On June 27, 2002, we sold for $1,000 in cash, (a) our common stock equity interests in RiderPoint, and its subsidiary, RP Insurance Agency, and (b) our entire membership interest in Webquill. RiderPoint had focused on the development of technological systems, solutions and processes that would allow it to become a nationwide distributor of insurance products through the internet and traditional insurance agents. RP Insurance Agency, Inc. acted as an insurance broker for individuals purchasing property and liability insurance for power sports vehicles. Webquill provided internet hosting services to businesses and individuals. We recognized a gain of $337,793 on the sale of these interests. As a result of the sale of these business segments, our net operating loss for Federal income tax reporting purposes decreased by approximately $1,940,000.

CORDIA CORPORATION AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                                 March 31, 2003
Note 3: Sale of Business Segments (cont'd)
The following is a summary of the sale transaction:
                                            RiderPoint,
                                          and subsidiary    Webquill    Total--------------    --------    -----           Assets sold                       $(25,189)      $(2,763)  $(27,952)
           Liabilities sold                   412,917        15,701    428,618
           Cash payment received                  500           500      1,000
           Write-off of inter-company
              receivables and payables        (63,873)        -0-      (63,873)--------       -------   --------           Gain on sale                      $324,355       $13,438   $337,793========       =======   ========Sale of ISG:
The following is a summary of the sale transaction of ISG (unaudited):
             Assets sold                                             $ (778,529)
             Liabilities sold                                         1,658,917
             Note received                                              750,000
             Write-off of inter-company receivables and payables        (76,082)---------             Gain on sale, before income taxes                       $1,554,306==========Our net operating losses are expected to offset the gain on the sale of ISG.
As a result of the sale of ISG, (a) employee stock options to purchase 83,000 of our common shares at $7.50 per share expired, and (b) our net operating loss carry-forward for Federal income tax reporting purposes, on a pro-forma basis giving retroactive effect to the sale of ISG as of December 31, 2002, would have been approximately $2,220,000.

CORDIA CORPORATION AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                                 March 31, 2003
Note 3: Sale of Business Segments (cont'd)
The accompanying consolidated balance sheet at December 31, 2002 include the
following assets and liabilities of the ISG discontinued business segments:2002
                                                                       ----          Current Assets
              Cash                                                  $  164,527
              Accounts receivable, net                                 377,568
              Investments                                                  886
              Prepaid expenses and other current assets                 17,512
              Loans receivable from affiliates                          31,899
              Loans receivable from parent and subsidiaries*                 -----------              Total current assets                                     592,392----------          Property and equipment
              Office equipment                                         218,015
              Equipment - capital leases                                58,567
              Vehicles                                                  16,743
              Furniture and fixtures                                    98,376----------
                                                                       391,701              Less: Accumulated depreciation                           138,506----------
                                                                       253,195
                                                                    ----------          Other assets
              Security deposits                                         27,139----------              Total assets                                          $  872,726==========          Current Liabilities
              Book overdraft                                        $   90,946
              Accounts payable and accrued expenses                  1,319,207
              Obligation under capital lease, current portion           25,672
              Unearned income                                           83,333
              Loans payable to affiliates                                9,744
              Loans payable to parent and subsidiaries*                 76,082----------              Total current liabilities                              1,604,984----------          Obligation under capital lease, less current potion            7,404----------          Accumulated deficit                                         (739,662)----------              Total liabilities and accumulated deficit             $  872,726==========*Eliminated in consolidation.
License Agreement
On March 3, 2003, we entered into a licensing agreement with ISG whereby ISG purchased an unlimited license to certain of our software. The license agreement provides for ISG to pay us $100,000 on execution of the license agreement, plus $6,000 per month (including interest) for a period of twenty-five months. We agreed to provide software updates and maintenance as necessary, during this twenty-five month period. 
Loss from operations of discontinued business segments includes the following:
                                                   Three months ended March 31,----------------------------
                                                      2003            2002
                                                   ---------       ----------            Revenues:
            Subrogation Service Revenue, net       $ 631,361       $  559,695
            Claims Administration income             197,667          667,374
            Other                                          -             (761)---------       ----------            Total Revenues:                        $ 829,028       $1,226,308=========       ==========            Loss before income taxes               $ 140,726       $  339,175=========       ==========The accompanying 2002 statement of operations was reclassified to show the results of operations for the RiderPoint and ISG business segments as discontinued.

CORDIA CORPORATION AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                                 March 31, 2003
Note 4: Stockholders' Equity
During June 2002, we approved a 5-for-1 reverse split of our common stock with no change in its par value of $.001. All references in the consolidated financial statements and in the notes to consolidated financial statements with respect to the number of common shares and per share amounts have been restated to reflect the stock split. 
During September 2000, we issued warrants to purchase 22,400 shares of our common stock. The warrants had an exercise price of $12.50 per share and expired during the period from July through September 2002. No warrants were exercised prior to expiration. 
Effective January 5, 2001, we established our 2001 Equity Incentive Plan (the "Plan"). The total number of shares of our common stock issuable under the Plan is 1,000,000, subject to adjustment for events such as stock dividends and stock splits. The Plan is administered by a committee of the Board of Directors having full and final authority and discretion to determine when and to whom awards should be granted. The committee will also determine the terms, conditions and restrictions applicable to each award. 
Transactions under the Plan are summarized as follows giving retroactive effect
to the reverse stock split:
                                              Stock Options     Exercise Price-------------     --------------         Balance, December 31, 2002              146,000        $ 7.50 to 11.25
         Granted:                                615,000        $  .60
         Exercised                                     -        $
         Expired                                 (83,000)       $ 7.50-----------       ---------------          Balance, March 31, 2003                678,000        $  .60 to 11.25
Note 5: Commitments
We have no commitments for annual rentals under noncancelable operating leases.