UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-QSB/A

(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  Securities  Exchange
     Act of 1934 (No fee required) for the transition period
           from _____________ to _______________.


Commission file number: 011-16099
                        ---------


                              WAVE POWER.NET, INC.
                            --------------------
                 (Name of Small Business Issuer in its Charter)


        Delaware                                    43-1798970
      ------------                                ---------------
(State of Incorporation)                       (I. R. S. Employer
                                                Identification No.)

                             1004 Depot Hill Rd. #1E
                           Broomfield, Colorado 80020
                           ---------------------------
               (Address of principal executive offices)(Zip Code)


                                  303-404-9904
                                  ------------
                           (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 shares outstanding of Registrant's common stock ($0.001 par value)
as of the quarter ended March 31, 2003 is 39,199,400.
                                          ----------

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EXHIBITS AND REPORTS ON FORM 8-K

This  10QSB/A  is  being  submitted  to  revise  Part 1,  Item 2 -  Management's
Discussion  and  Analysis,  attached  hereto as  Exhibit  99.0,  and so that the
required Certifications may be included as follows:

Exhibit No.       Description
-----------       -----------

99.0              Revised Part 1, Item 2 - Management's Discussion and Analysis

99.1              Certification  of  Principal   Executive  Officer   (Principal
                  Financial   Officer)   Pursuant   to   Section   302   of  the
                  Sarbanes-Oxley Act of 2002--filed herewith

99.2              Certification  of  Principal   Executive  Officer   (Principal
                  Financial   Officer)   Pursuant   to   Section   906   of  the
                  Sarbanes-Oxley Act of 2002--filed herewith;




                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


telcoBlue, Inc.

    Dated: July 7, 2003                    /s/ Ronald McIntyre
                                            ----------------------
                                               Ronald McIntyre, CEO




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