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, 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 _________________


                                       1







                               TABLE OF CONTENTS

                                    PART I



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

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION... 8


                                     PART II

ITEM 1.  LEGAL PROCEEDINGS...........................................10

ITEM 2.  CHANGES IN SECURITIES.......................................10

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.............................10

ITEM 4.  SUBMISSION TO A VOTE OF SECURITY HOLDERS....................10

ITEM 5.  OTHER.......................................................10

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K............................10

         SIGNATURES..................................................10




                                       2


                                 telcoBlue, Inc.
                          (A Development Stage Company)
                           CONSOLIDATED BALANCE SHEET
                              As of March 31, 2003





         ASSETS

Current asset
    Cash                                                       $     2,161

Distribution Agreement                                                 926
                                                               -----------
         TOTAL ASSETS                                          $     3,087
                                                               ===========

         LIABILITIES AND STOCKHOLDERS' DEFICIT

Current Liabilities
    Accounts payable                                           $    57,963
    Accounts payable to related parties                            104,171
    Accrued expenses                                                   485
    Notes payable                                                    3,585
    Notes payable to related parties                                31,615
                                                               -----------
    Total Current Liabilities                                      197,819
                                                               -----------


         STOCKHOLDERS' DEFICIT

Common stock, $.001 par value, 75,000,000 shares
    authorized, 39,949,400 issued and outstanding                   39,949
Additional paid in capital                                       2,562,978
Deferred compensation                                             (300,000)
Accumulated other comprehensive income                             (13,893)
Deficit accumulated during the development stage                (2,483,766)
                                                               -----------
    Total Stockholders' Deficit                                   (194,732)
                                                               -----------
         TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT           $     3,087
                                                               ===========




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









                                       3






                                 telcoBlue, Inc.
                          (A Development Stage Company)
           CONSOLIDATED STATEMENTS OF EXPENSES AND COMPREHENSIVE LOSS
                 For the Three Months and Six Months ended March
                   31, 2003 and the Period from August 2, 2002
                                   (Inception)
                             Through March 31, 2003


                                              3 Months        6 Months        Inception
                                               Ended           Ended           Through
                                               Mar. 31        Mar.  31         Dec. 31
                                                2003            2002             2003
                                            ------------    ------------    ------------

                                                                   
General and administrative                  $     80,360    $    293,580    $  2,469,912
Interest expense                                     196             617          13,854
                                            ------------    ------------    ------------
Net loss                                         (80,556)       (294,197)     (2,483,766)

Other Comprehensive Expense
     Loss on foreign currency translation         (6,653)        (14,110)        (13,893)
                                            ------------    ------------    ------------
Total Comprehensive Loss                    $    (87,209)   $   (308,307)   $ (2,497,659)
                                            ============    ============    ============


Basic and diluted net loss per
         common share                       $       (.00)   $       (.01)
Weighted average common shares
         Outstanding                          39,199,400      37,331,150




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


                                       4







                                 telcoBlue, Inc.
                          (A Development Stage Company)
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                   For the Six Months ended March 31, 2003 and
                   the period from August 2, 2002 (Inception)
                             Through March 31, 2003


                                                      6 Months      Inception
                                                       Ended         Through
                                                       Mar. 31,       Mar. 31,
                                                        2003           2003
                                                     -----------    -----------
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss                                             $  (294,197)   $(2,483,765)
    Adjustments to reconcile net loss to
        net cash used in operating activities:
    Stock issued for services                            106,428      2,240,431
    Stock option and warrant expense                      10,543         10,543
    Intrinsic value of beneficial conversion
      feature of convertible notes payable                13,176
    Changes in:
        Accounts payable                                  23,849         35,738
        Accounts payable to related parties               86,954        104,171
        Accrued expenses                                     424            485
                                                     -----------    -----------
NET CASH USED IN OPERATING ACTIVITIES                     65,999)       (79,221)
                                                     -----------    -----------
CASH FLOWS FROM FINANCING ACTIVITIES
    Sale of stock                                         61,501         61,574
    Proceeds from notes payable                            3,346
    Proceeds from notes payable to related parties        19,750         29,412
                                                     -----------    -----------
NET CASH PROVIDED BY FINANCING ACTIVITIES                 81,251         94,332
                                                     -----------    -----------
Effect of exchange rate changes on cash                  (13,165)       (12,950)
                                                     -----------    -----------
NET CHANGE IN CASH                                         2,087          2,161
    Cash balance, beginning                                   74           --
                                                     -----------    -----------
    Cash balance, ending                             $     2,161    $     2,161
                                                     ===========    ===========


NONCASH ACTIVITIES:

Shares issued for notes payable                      $  150,000


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







                                       5





                                 telcoBlue, Inc.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS



NOTE 1 - BASIS OF PRESENTATION

The  accompanying  unaudited  interim  financial  statements of telcoBlue,  Inc.
("telcoBlue")  have been  prepared  in  accordance  with  accounting  principles
generally  accepted  in the  United  States  of  America  and the  rules  of the
Securities and Exchange  Commission  ("SEC"),  and should be read in conjunction
with the audited financial statements and notes thereto contained in telcoBlue's
latest  annual  report  filed  with the SEC on Form  10KSB.  In the  opinion  of
management,  all  adjustments,   consisting  of  normal  recurring  adjustments,
necessary  for a fair  presentation  of  financial  position  and the results of
operations for the interim  periods  presented have been reflected  herein.  The
results of operations for interim periods are not necessarily  indicative of the
results to be  expected  for the full year.  Notes to the  financial  statements
which would  substantially  duplicate  the  disclosure  contained in the audited
financial  statements for fiscal year 2002, as reported in the 10KSB,  have been
omitted.


NOTE 2 - COMMON STOCK

In the quarter  ended  December 31, 2002,  telcoBlue  issued  734,000  shares of
common stock valued at $106,428 for services.

In the quarter ended December 31, 2002,  telcoBlue  issued  5,600,000  shares of
common stock for $300,000 of deferred compensation.

In the quarter ended December 31, 2002,  telcoBlue sold 615,000 shares of common
stock for $61,500.

In the quarter ended December 31, 2002,  telcoBlue issued three-year  options to
purchase 150,000 shares of telcoBlue  common stock.  $10,543 in expense has been
recorded for the quarter  ended  December 31, 2002.  The exercise  prices are as
follows:
                                                    Exercise
                            Options                  Price
                            -------                 --------
                             50,000                 $    .50
                            50,000                      1.00
                             50,000                     1.50
                            -------
                            150,000
                            =======

In the quarter ended March 31, 2003, telcoBlue issued 3,000,000 shares of common
stock to pay off a $150,000 note payable.


NOTE 3 - NOTES PAYABLE TO RELATED PARTIES

Three shareholders  loaned telcoBlue $19,750 during the quarter ending March 31,
2003.  These  loans  are  payable  on  demand,  bear  no  interest  and  have no
collateral.


                                       6





NOTE 4 - SUBSEQUENT EVENTS

For a 12 month consulting  agreement  signed in April 2003,  telcoBlue agreed to
issue four  million  shares of common  stock,  one million per quarter  with the
first million due upon signing. As part of the agreement,  telcoBlue also agreed
to issue two million 120 day warrants to purchase telcoBlue common stock at $.05
per share.  If the two million  warrants are exercised,  the consultant  will be
granted four million  additional 120 day warrants to purchase  telcoBlue  common
stock at $.10 per  share.  If the  four  million  warrants  are  exercised,  the
consultant will be granted four million  additional 120 day warrants to purchase
telcoBlue common stock at $.15 per share.

In  April  2003,   telcoBlue  issued  3,900,000  shares  of  telcoBlue  to  four
consultants.

In June 2003,  telcoBlue's  board  approved the issuance of 4,250,000  shares of
telcoBlue to Vocalscape  Networks,  Inc.  ("Vocalscape")  for payment of $75,000
owed under the management  agreement,  $30,868 of out of pocket expenses paid on
behalf of telcoBlue and $64,233 of lost stock  proceeds  because of  telcoBlue's
failure to file an SB-2 within two months of the  reorganization  as required by
the plan of reorganization.




                                       7


Part II

OVERVIEW

Nature of Business.  telcoBlue,  Inc.  ("telcoBlue")  formerly Better Call Home,
Inc.  ("BCH"),  a development  stage company,  was formed in Nevada on August 2,
2002  to  operate  an  Internet-based  long  distance  telephony  network  using
state-of-the-art Voice over Internet Protocol (VoIP). Its long distance services
will be  marketed  mainly by third  parties to end users in the form of pre-paid
phone cards or other media,  including direct personal  computer (PC) access and
Internet-based long distance telephony network using state-of-the-art Voice over
Internet Protocol. The name was changed to telcoBlue, Inc. on August 29, 2002.

The Company is in its  development  stage and to date its  activities  have been
limited to capital  formation  and the  development  of its Voice over  Internet
Protocol (VoIP) long distance business.

telcoBlue  products and services will enable  customers to make  low-cost,  high
quality  phone  calls  over the  Internet  using  their  personal  computers  or
traditional  telephones.  telcoBlue's PC to Phone pre-paid long distance service
is targeted at specific markets  throughout North America and offers amongst the
lowest long distance rates available today.

The  following  discussion  should  be read in  conjunction  with the  condensed
consolidated  financial  statements and segment data and in conjunction with the
Company's  10KSB/A filed March 19, 2003 and the Company's  10QSB filed March 21,
2003.  Results for interim  periods may not be indicative of the results for the
full year.

                                       8




RESULTS OF OPERATIONS

General and  Administrative  expenses for the three months consist  primarily of
Management Fees of $75,125.  General and  Administrative  expenses for the three
months ended March 31, 2003 were $80,360.  General and  Administrative  expenses
for the six months ended March 31, 2003 were $$293,580.

Interest  for the three  months  ended  March 31,  2003 was $196  consisting  of
accrued interest on the Company's  convertible notes.  Interest expenses for the
six months ended March 31, 2003 were $617.

Total Operating  Expenses for the three months ended March 31, 2003 were $80,556
resulting in a total Comprehensive Loss of $87,209. Total Operating Expenses for
the  six  months  ended  March  31,  2003  were  $294,197  resulting  in a total
Comprehensive  Loss of $308,307.  Basic Net Loss per Share  amounted to $.01 for
the six months ended March 31, 2003.


LIQUIDITY AND CAPITAL RESOURCES

In three  months  ended March 31,  2003,  the Company  has  financed  operations
principally  through notes payable to related parties totaling $19,750.  For the
six months  ended March 31, 2003 cash  generated  by the sale of stock and notes
payable to related parties totaled $81,251.

Net cash used in  operating  activities  was $12,132 for the three  months ended
March 31,  2003 and  consisted  primarily  of  accounts  payable and fees due to
related third  parties.  Net cash used in operating  activities was $$65,999 for

The Company  anticipates  that its current  cash and cash  equivalents  and cash
generated  from  operations,  if any,  will not be  sufficient  to  satisfy  its
liquidity requirements for at least the next 12 months. The Company will require
additional  funds prior to such time and will seek to sell additional  equity or
debt  securities or seek  alternative  sources of  financing.  If the Company is
unable to obtain  this  additional  financing,  it may be required to reduce the
scope of its planned sales and marketing and product development efforts,  which


                                       9



could harm its business, financial condition and operating results. In addition,
the Company may require  additional funds in order to fund more rapid expansion,
to develop  new or enhanced  services or products or to invest in  complementary
businesses,  technologies,  services or products.  Additional funding may not be
available on favorable terms, if at all.


PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

        None


ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

        None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

        None.


ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

         None



ITEM 5. OTHER INFORMATION

  None.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K


(a) Exhibit 1. Financial Statements for the period ending March 31, 2002

(b) None



SIGNATURES

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: June 12, 2003                    /s/ Ronald McIntyre
                                            ----------------------
                                                Ronald McIntyr, CEO




                                       10