UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(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
	For the quarterly period ended June 30, 2003
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
	For the transition period from to

333-62786

(Commission file number)

Canadian Rockport Homes International, Inc.

(Exact name of small business issuer as specified in its charter)

Delaware

(State or other jurisdiction

of incorporation or organization)

98-0354610

(IRS Employer

Identification No.)

700 W. Bender Street, Suite 507 Vancouver, BC Canada V6C 1G8 (Address of principal executive offices) (604) 669-1081 (Issuer's telephone number) ~~(Former name, former address and former fiscal year, if changed since last report)~~

(Former name, former address and former fiscal year, if changed since last report)

[X]

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.

APPLICABLE ONLY TO CORPORATE ISSUERS

The number of shares outstanding of each of the issuer's classes of common equity. As of ~~March~~July 3121, 2003 - 15,~~483~~539,~~480~~320 shares of Common Stock

Canadian Rockport Homes International, Inc.

Index

		Page
		Number
PART I.	FINANCIAL INFORMATION
Item 1.	Financial Statements
	Balance Sheets	3
	Consolidated Balance Sheets	3
	Statements of Operations	5
	December 31, 2002 and June 30, 2003 (Unaudited)
	First Quarter Ended March 31, 2002 and 2003 and from the
	Consolidated Statements of Operations and Accumulated Deficit	5
	Company's inception (March 27, 1997 through March 31, 2003
	For the three and six months ended June 30, 2002 and 2003
	Statement of Cash Flows	6
	and from the Company's inception (March 27, 1997) through
	First Quarter Ended March 31, 2002 and 2003 and from the
	June 30, 2003
	Company's inception (March 27, 1997 through March 31, 2003
	Consolidated Statement of Cash Flows	6
	Notes to Financial Statements	8
	For the three and six months ended June 30, 2002 and 2003
	and from the Company's inception (March 27, 1997) through
	June 30, 2003
	Notes to Consolidated Financial Statements	8
Item 2.	Management's Discussion and Analysis of Financial Condition
	and Results of Operations	1011
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	1113
Item 4.	Controls and Procedures	13
Part II.	OTHER INFORMATION
Item 1.	Legal Proceedings	1214
Item 2.	Change in Securities and Use of Proceeds	1214
Item 3.	Defaults Upon Senior Securities	1214
Item 4.	Submission of Matters to a Vote of Security Holders	1214
Item 5.	Other Information	1214
Item 6.	Exhibits and Reports on Form 8-K	1214
Item 7.	Controls and Procedures	12
SIGNATURES		15
SIGNATURES		13
CERTIFICATION		16
CERTIFICATION		14

PART I. FINANCIAL INFORMATION

ITEM 1. Financial Statements

Canadian Rockport Homes International, Inc.
(A Development Stage Company)
CONSOLIDATED BALANCE SHEETS
	December 31, 2002		March 31, 2003
			(Unaudited)
Assets
Current Assets
Cash and cash equivalents	$	181,331	$ 154,749
Employee advances		-	1,548
Prepaid expenses	500		750
Total current assets	181,831		157,047
Property and Equipment
Land		400,000	400,000
Trucks		23,773	25,474
Furniture and equipment	163,440		170,276
		587,213	595,750
Less accumulated depreciation	(77,789)		(92,091)
		509,424	503,659
Construction in progress	692,479		806,046
Total property and equipment - net	1,201,903		1,309,705
Other Assets
Deferred lease expense		11,894	-
Intangibles:
Patents	10,341		10,203
Total other assets	22,235		10,203
Total Assets	$ 1,405,969		$ 1,476,955

Canadian Rockport Homes International, Inc.

(A Development Stage Company)

Canadian Rockport Homes International, Inc.
(A Development Stage Company)
CONSOLIDATED BALANCE SHEETS
	December 31, 2002		March 31, 2003
			(Unaudited)
Liabilities and Stockholders' Equity (Deficit)
Current Liabilities
Rent payable	$	283,985	$ 283,985
Accounts payable		94,105	108,685
Payroll taxes payable		3,457	1,547
Franchise taxes payable		-	150
Loans payable - officer		2,117	-
Loans payable - other		15,612	15,612
Current maturities of obligation under capital lease		653	723
Current maturities of long-term debt	80,771		96,199
Total Current Liabilities	480,700		506,901
Obligation under capital lease	1,970		1,927
Total Liabilities	482,670		508,828
Stockholders' Equity
Common stock, $.001 par value; authorized
100,000,000 shares; issued and outstanding
15,418,856 shares as of December 31, 2002,
and 15,483,480 shares as of March 31, 2003		15,419	15,483
Additional paid-in capital		4,084,431	4,382,208
Deficit accumulated during development stage		(3,175,470)	(3,432,327)
Other comprehensive income	(1,081)		2,763
Total Stockholders' Equity	923,299		968,127
Total Liabilities and Stockholders' Equity (Deficit)	$ 1,405,969		$ 1,476,955

CONSOLIDATED BALANCE SHEETS

Canadian Rockport Homes International, Inc.
	December 31, 2002			June 30, 2003
(A Development Stage Company)
				(Unaudited)
CONSOLIDATED STATEMENTS OF OPERATIONS AND ACCUMULATED DEFICIT
Assets
					From Inception
Current Assets
					(March 27, 1997)
Cash and cash equivalents	$	181,331	$	68,229
		For the Three Months Ended				Through
Employee advances		-		2,226
	March 31, 2002		March 31, 2003		March 31, 2003
Loans to related party		-		2,845
	(Unaudited)		(Unaudited)		(Unaudited)
Loans receivable - other		-		1,187
Income	$	-	$	-	$	-
Prepaid expenses	500		260
Operating Expenses
Total current assets	181,831		74,747
General and administrative expenses		(301,069)		(250,171)		(3,013,272)
Property and Equipment
Loss on disposition of assets		-		-		(358,361)
Land		400,000		400,000
Loss on impairment of goodwill	-		-		(30,000)
Trucks		23,773		27,820
Loss from Operations		(301,069)		(250,171)		(3,401,633)
Furniture and equipment	163,440		181,043
Other Income (Expenses)
		587,213		608,863
Commission income		-		2,917		2,917
Less accumulated depreciation	(77,789)		(110,065)
Interest income		208		111		4,166
		509,424		498,798
Interest expense	-		(9,714)		(37,777)
Construction in progress	692,479		848,095
Net Loss	$ (300,861)		$ (256,857)		$ (3,432,327)
Total property and equipment - net	1,201,903		1,346,893
Basic loss per share:	$ (0,02)		$ (0.02)
Other Assets
Weighted Average Common
Deferred lease expense		11,894		-
Shares Outstanding	15,071,159		15,458,678
Intangibles:
Patents	10,341		10,075
Total other assets	22,235		10,075
Total Assets	$ 1,405,969		$ 1,431,715

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

Canadian Rockport Homes International, Inc.
(A Development Stage Company)
CONSOLIDATED STATEMENTS OF CASH FLOWS
				From Inception
				(March 27, 1997)
	For the Three Months Ended				Through
	March 31, 2002		March 31, 2003	March 31, 2003
	(Unaudited)		(Unaudited)		(Unaudited)
Cash Flows from Operating Activities
Net loss	$	(300,861)	$ (256,857)	$	(3,432,327)
Adjustments to reconcile net loss to net cash
provided by operating activities:
Issuance of common stock for services		-	-		13,500
Issuance of common stock in
Company's organization		-	-		1,000
Loss on disposition of assets		-	-		358,361
Loss on impairment of goodwill		-	-		30,000
Depreciation and amortization		13,314	10,678		92,849
(Increase) Decrease in Assets
(Decrease) in receivables		-	(1,537)		(1,537)
(Increase) decrease in prepaid expenses		11,122	11,645		(842)
Increase (Decrease) in Liabilities
Increase in trade and other payables	34,823		18,001	393,166
Net cash used in operating activities	(241,602)		(218,070)	(2,545,830)
Cash Flows from Investing Activities
Net proceeds from sale of timber and truss plant		-	-		211,639
Acquisition of equipment and other property	(59,249)		(121,177)	(804,387)
Net cash used in investing activities	(59,249)		(121,177)	(592,748)
Cash Flows from Financing Activities
Gross proceeds from private stock offerings		189,484	315,774		3,381,698
Cost incurred in stock offerings		-	(17,932)		(214,368)
Advances and repayments from officer		12,816	-		127,969
Principal reduction on obligation under capital lease		-	(97)		(517)
Proceeds from loans		-	-		144,668
Advances to third parties		(49,257)	-		-
Loan repayments to officer		(26,509)	-		(12,144)
Repayment on loans made to third parties		37,316	-		-
Purchase of treasury stock	-		-	(35,000)
Net cash provided by financing activities	163,850		297,745	3,277,306
Effect of exchange rates on cash	72		14,920	16,021
Net increase (decrease) in
cash and cash equivalents		(136,929)	(26,582)		154,749
Beginning Balance -
Cash and cash equivalents -	223,823		181,331	-
Ending Balance -
Cash and cash equivalents	$ 86,894		$ 154,749	$ 154,749

Canadian Rockport Homes International, Inc.

(A Development Stage Company)

~~Canadian~~ CONSOLIDATED ~~Rockport~~BALANCE ~~Homes International, Inc. (A Development Stage Company) STATEMENTS OF CASH FLOWS~~SHEETS

Supplemental Information:

	December 31, 2002			June 30, 2003
				(Unaudited)
Liabilities and Stockholders' Equity

Current Liabilities
Rent payable	$	283,985	$	283,985
Accounts payable		94,105		146,519
Payroll taxes payable		3,457		4,528
Franchise taxes payable		-		2,000
Loans payable - officer		2,117		-
Loans payable - other		15,612		15,612
Current maturities of obligation under capital lease		653		841
Current maturities of long-term debt	80,771		106,474

Total Current Liabilities		480,700		559,959

Long-Term Debt	1,970		1,806

Total Liabilities	482,670		561,765

Stockholders' Equity
Common stock, $.001 par value; authorized
100,000,000 shares; issued and outstanding
15,418,856 shares as of December 31, 2002,
and 15,5117,320 shares as of June 30, 2003		15,419		15,517
Additional paid-in capital		4,084,431		4,529,659
Deficit accumulated during development stage		(3,175,470)		(3,682,095)
Other comprehensive income	(1,081)		6,869

Total Stockholders' Equity	923,299		869,950

Total Liabilities and Stockholders' Equity	$ 1,405,969		$ 1,431,715

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

~~Non-cash~~Canadian ~~Investing~~Rockport ~~and~~Homes ~~Financing~~International, ~~Activities:~~ Inc. (A Development Stage Company)

~~During~~CONSOLIDATED ~~the~~STATEMENTS ~~first~~OF ~~quarter~~OPERATIONS ofAND ~~2003,~~ACCUMULATED ~~the Company issued 1,600 shares of its common stock in consideration for services rendered in connection with the Company's public offering. The issued shares were valued at $8,000.~~DEFICIT

Cash Paid For:

									From Inception
									(March 27, 1997)
		For the Three Months Ended				For the Six Months Ended				Through
	June 30, 2002		June 30, 2003		June 30, 2002		June 30, 2003		June 30, 2003
		(Unaudited)	(Unaudited)			(Unaudited)		(Unaudited)		(Unaudited)
		(Restated)				(Restated)

Income	$	-	$	-	$	-	$	-	$	-

Operating Expenses
General and administrative expenses		(319,922)		(247,962)		(611,633)		(498,133)		(3,261,234)
Loss on disposition of assets		(308,477)		-		(317,661)		-		(358,361)
Loss on impairment of goodwill	-		-		-		-		(30,000)

Loss from Operations		(628,399)		(247,962)		(929,294)		(498,133)		(3,649,595)

Other Income (Expenses)
Commission income		-		-		-		2,917		2,917
Interest income		208		67		243		178		4,233
Interest expense	(551)		(1,873)		(551)		(11,587)		(39,650)

Net Loss	$ (628,742)		$ (249,768)		$ (929,602)		$ (506,625)		$ (3,682,095)

Basic Loss Per Share	$ (0.04)		$ (0.02)		$ (0.06)		$ (0.03)

Weighted Average
Common Shares Outstanding	15,159,763		15,495,537		15,071,159		15,477,210

The accompanying notes are an integral part of the financial statements

			From Inception
			(March 27, 1997)
	For the Three Months Ended		Through
	March 31, 2002	March 31, 2003	March 31, 2003
	(Unaudited)	(Unaudited)	(Unaudited)
Income Taxes	$ -	$ -	$ -
Interest	$ -	$ -	$ -

Canadian Rockport Homes International, Inc.

(A Development Stage Company)

~~Canadian~~ CONSOLIDATED ~~Rockport~~STATEMENTS ~~Homes~~OF ~~International,~~CASH ~~Inc. (a Development Stage Company) NOTES TO FINANCIAL STATEMENTS~~FLOWS

									From Inception
								(March 27, 1997)
		For the Three Months Ended				For the Six Months Ended			Through
		June 30, 2002		June 30, 2003		June 30, 2002	June 30, 2003		June 30, 2003
		(Unaudited)		(Unaudited)		(Unaudited)	(Unaudited)		(Unaudited)
		(Restated)				(Restated)

Cash Flows from Operating Activities
Net Loss	$	(628,742)	$	(249,768)	$	(929,602)	$ (506,625)	$	(3,682,095)
Adjustments to reconcile net loss to
net cash provided by operating activities
Issuance of common stock for services		-		3,000		-	3,000		16,500
Issuance of common stock in
Company's organization		-		-		-	-		1,000
Loss on disposition of assets		308,477		-		308,477	-		358,361
Loss on impairment of goodwill		-		-		-	-		30,000
Depreciation and amortization		7,598		11,940		20,912	22,619		104,790
(Increase) Decrease in Assets
Increase (decrease) in receivables		(38,363)		(564)		(38,363)	(2,102)		(2,102)
(Increase) decrease in prepaid expenses		11,894		490		23,009	12,134		(353)
Increase (decrease) in Liabilities
37,302 430,522 94,655 Increase (decrease) in trade and other payables 129,114 55,357
Net cash used in operating activities	(224,481)		(197,600)		(486,453)		(415,617)	(2,743,377)

Cash Flows from Investing Activities
Net proceeds from sale of timber and truss plants		141,523		-		141,523	-		211,639
(33,166) (828,417) (73,781) Acquisition of equipment and other property (132,399) (145,207)
(33,166) (616,778) 67,742 Net cash provided (used) in investing activities 9,124 (145,207)

Cash Flows from Financing Activities
Gross proceeds from private stock offerings		28,977		166,232		218,461	482,649		3,548,573
Costs incurred in stock offerings		-		(25,653)		-	(43,686)		(240,122)
Advances and repayments from officer		25,524		-		38,101	-		127,969
Principal reduction on obligation under capital lease		(131)		(239)		(131)	(399)		(819)
Proceeds from loans		83,228		-		71,287	-		144,668
Loans repayments to officer		(13,924)		(32)		(40,021)	(110)		(127,254)
Repayment on loans made to third parties		-		2,242		-	22,242		2,242
- (35,000) (10,000) Purchase of treasury stock (10,000) -
142,550 3,420,257 113,674 Net cash provided by financing activities 277,697 440,696


1,696 8,127 2,378 Effect of exchange rates on cash 2,016 7,026
Net Increase (Decrease) in Cash and
Cash Equivalents		(60,687)		(86,520)		(197,616)	(113,102)		68,229
Cash and Cash Equivalents -
154,749 - 86,894 Beginning Balance 223,823 181,331
Ending Balance	$ 26,207		$ 68,229		$ 26,207		$ 68,229	$ 68,229

The accompanying notes are an integral part of the financial statements

Canadian Rockport Homes International, Inc.

(A Development Stage Company)

STATEMENTS OF CASH FLOWS

Supplemental Information:

Cash Paid For:
					From Inception
					(March 27, 1997)
	For the Three Months Ended		For the Six Months Ended		Through
	June 30, 2002	June 30, 2003	June 30, 2002	June 30, 2003	June 30, 2003
	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)

Interest Expenses	$ 551	$ 167	$ 551	$ 303	$ 1,124

Income Taxes	$ -	$ -	$ -	$ -	$ -

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

Canadian Rockport Homes International, Inc.

(a Development Stage Company)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1.

In the opinion of the Company's management, the accompanying unaudited consolidated financial statements contain all adjustment (consisting of normal recurring accruals) necessary to present fairly the financial position of the Company as of ~~March~~June 3130, 2003, and the results of its operations and cash flows for the three-month and six-month periods ended ~~March~~June 3130, 2002 and 2003. The operating results of the Company on a quarterly or semi-annual basis may not be indicative of operating results for the full year.

Note 2 ~~– Summary of Significant Accounting Policies~~.

The accompanying consolidated financial statements for the three and six months ended June 30, 2002 have been restated to reflect the actual terms and valuations of the assets purchased from of 598546 B.C. Ltd during the second quarter of 2002. A schedule reflecting the adjustments to the previously reported are as follows:

	Three Months	Six Months
	Ended	Ended
	June 30, 2002	June 30, 2002
	(Unaudited)

Net loss as orginally reported	(808,682)	(1,109,480)
Less: Loss allocation to
Minoroty shareholder	(10,231)	(10,231)
Add: Adjustment to cost basis
of assets sold	9,183	9,121
Reversal of goodwill
impairement	180,988	180,988
Total Adjustments	179,940	179,878
Net loss as revised	(628,742)	(929,602)

Loss per share as originally reported	$ (0.05)	$ (0.07)
Loss per share on adjustments	0.01	0.01
Loss per shares as revised	$ (0.04)	$ (0.06)

Note 3.

Summary of Significant Accounting Policies

Principles of consolidation

The accompanying consolidated financial statements include the accounts and transactions of Canadian Rockport Homes International, Inc. and its wholly owned subsidiaries, Canadian Rockport Homes, Ltd. Rockport Homes Chile Limitada and Rockport Trading, S.A. Intercompany transactions and balances have been eliminated in consolidation.

Foreign Currency Translations

For foreign operations whose functional currency is the local foreign currency, balance sheet accounts are translated at exchange rates in effect at the end of the year and income statement accounts are translated at average exchange rates for the year. Translation gains and losses are included as a separate component of stockholders’ equity.

Property and Equipment

The cost of property and equipment is depreciated over the estimated useful lives of the related assets that range from 3 to 7 years. Depreciation is computed on the straight-line method for financial reporting purposes and for income tax reporting purposes. Depreciation expense for the three months ended ~~March~~June 3130, 2002 and 2003 was $127,~~879~~432, and $1011,~~512~~773, respectively. Depreciation expense for the six months ended June 30, 2002 and 2003 was $20,579, and $22,285, respectively.

Canadian Rockport Homes International, Inc.

(a Development Stage Company)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Intangible Assets

Patents received from TWiC are being amortized over their respective remaining lives ranging from 11to18 years. Amortization expense for ~~March~~the 31three months ended June 30, 2002 and 2003 was $166, and $167, respectively. Amortization expense for the six months ended June 30, 2002 ~~were~~and 2003 was $~~166~~333, and $~~133~~334, respectively.

	Intangible assets consist of the following:
			March 31, 2003
							Weighted
		Gross				Net	Average
		Intangible	Accumulated		Intangible		Life
		Assets	Amortization			Assets	(Years)
Patents	$	11,505	$	1,302	$	10,203	18
				March 31, 2002
							Weighte
							d
		Gross				Net	Average
		Intangible		Accumulated		Intangible	Life
		Assets		Amortization		Assets	(Years)
Patents	$	11,470	$	623	$	10,847	18
Estimated amortization expense for each of the next five years ended March 31, is as follows:
		2003		$		674
		2004				674
		2005				674
		2006				674
		2006				674
		Total		$	3,370

Intangible assets consist of the following:

Canadian Rockport Homes International, Inc. (a Development Stage Company) NOTES TO FINANCIAL STATEMENTS

				June 30, 2003
							Weighted
		Gross				Net	Average
		Intangible	Accumulated			Intangible	Life
		Assets	Amortization			Assets	(Years)
Patents	$	11,547	$	1,472	$	10,075	18

				June 30, 2002
							Weighte
							d
		Gross				Net	Average
		Intangible		Accumulated		Intangible	Life
		Assets		Amortization		Assets	(Years)
Patents	$	11,491	$	623	$	10,868	18

Estimated amortization expense for each of the next five years ended June 30, is as follows:

2004	$	674
2005		674
2006		674
2007		674
2008		674
Total	$	3,370

Net Loss Per Share

The Company adopted the provisions of Statement of Financial Accounting Standards (“SFAS”) No. 128, “Earnings Per Share” (“EPS”) that established standards for the computation, presentation and disclosure of earnings per share, replacing the presentation of Primary EPS with a presentation of Basic EPS.

Issuances Involving Non-cash Consideration

All issuances of the Company’s stock for non-cash consideration have been assigned a dollar amount equaling either the market value of the shares issued or the value of consideration received whichever is more readily determinable. The majority of the non-cash consideration received pertains to services rendered by consultants and others.

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers cash and cash equivalents to include all stable, highly liquid investments with maturities of three months or less.

Canadian Rockport Homes International, Inc.

(a Development Stage Company)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Income Taxes

The Company accounts for its income taxes under the provisions of Statement of Financial Accounting Standards 109 ("SFAS 109"). The method of accounting for income taxes under SFAS 109 is an asset and liability method. The asset and liability method requires the recognition of deferred tax liabilities and assets for the expected future tax consequences of temporary differences between tax bases and financial reporting bases of other assets and liabilities.

Fair Value of Financial Instruments

Pursuant to SFAS No. 107, “Disclosures About Fair Value of Financial Instruments”, the Company is required to estimate the fair value of all financial instruments included on its balance sheet as of ~~March~~June 3130, 2003. The Company considers the carrying value of such amounts in the financial statements to approximate their face value.

Canadian Rockport Homes International, Inc.

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Results of Operations for the Three Months Ended ~~March~~June 3130, 2003 and 2002

>From the Company’s inception, it has been in the development stage and has not commenced principal operations. During 2003 and 2002, the Company is continuing the construction of its plant in Chile. General and administration costs were $247,962 and $319,922, respectively, for the three-month periods ended June 30, 2003 and 2002.

~~General~~Of ~~and~~the ~~administration~~$247,962 ~~costs~~incurred ~~were~~during ~~$250~~2003,~~171~~ ~~and~~ $~~301~~64,~~069,~~368 ~~respectively,~~was ~~for~~incurred in the ~~three-month~~Company’s ~~periods~~Chilean ~~ended~~operations. ~~March~~The 31remaining $183,594 ~~2003~~pertains to costs incurred in operating its Canadian offices and ~~2002~~general administration.

OfThe ~~the~~major ~~$250,171~~expenses incurred ~~during~~in ~~2003,~~Chile ~~$88,158~~during ~~was incurred in~~ the ~~Company’s~~three ~~Chilean~~month ~~operations.~~period ~~The~~ended ~~remaining~~June ~~$160~~30,~~600~~ ~~pertains to costs incurred in operating its Canadian offices and general administration. The major expenses incurred in Chile during~~ 2003 consisted of ~~rent amounting to $15,862,~~ salaries and related expenses totaling $3339,~~201~~230, professional fees of $21,~~986~~425, ~~and~~rent ~~costs~~of ~~relating~~$2,809, tosupplies ~~its~~of ~~new~~$3,878 ~~facilities~~and ~~totaling~~travel expense of $117,~~003~~110.

Other general expenses incurred induring the three months ended June 30, 2003 including operating ~~the~~its ~~Company’s~~ Canadian offices ~~consists~~consisted of salaries and related payroll costs of $6971,~~992~~602, consulting fees of $1614,~~137~~869, ~~advertising~~professional ~~and~~fees ~~promotion~~ of $2024,~~767~~627, ~~depreciation~~advertising ~~expense~~and promotion of $1017,~~372~~846, rent of $1617,~~934~~929, telephone of $3,~~241~~578, ~~office expense of $6,295, telephone of $4,701~~ and ~~travel~~office ~~expenses~~supplies of $3,~~378~~260.

OfDuring the ~~$301,069~~quarter ~~incurred~~ended ~~during~~June ~~2002~~30, ~~$159~~2002,~~022~~ ~~was incurred in~~ the Company’s ~~Chilean~~sold ~~operations.~~all ~~The~~of ~~remaining~~the ~~$142,047~~timber ~~pertains~~acquired tofrom ~~costs~~598546 ~~incurred in operating its Canadian offices and general administration~~B.C. ~~The~~Ltd ~~major~~for ~~expenses incurred in Chile during 2002 consisted of rent amounting to~~ $~~107~~141,~~969,~~523. ~~salaries~~On ~~and~~its ~~related expenses totaling $15~~acquisition,~~941,~~ ~~professional~~the ~~fees~~timber ofwas ~~$7,983,~~valued ~~depreciation~~at ~~expense of~~ $4450,~~422~~000, ~~and~~thus ~~costs~~resulting ~~relating~~in toa ~~its~~loss ~~plant~~from ~~certification~~the sale of $2308,~~669~~477.

~~Other~~Of ~~general expenses incurred in 2002 including operating~~ the ~~Company’s Canadian offices consists of salaries and related payroll costs of~~ $58319,~~376,~~922 ~~consulting~~incurred ~~fees~~during ~~of $20~~2002,~~142,~~ ~~professional fees of~~ $9165,~~031,~~672 ~~advertising~~was ~~and~~incurred ~~promotion~~in ofthe ~~$3,807,~~Company’s ~~non-recurring~~Chilean ~~security~~operations. ~~registration~~The ~~costs~~remaining ~~in Canada totaling~~ $12154,~~283,~~250 ~~depreciation~~pertains ~~expense~~to ofcosts ~~$8,457,~~incurred ~~rent~~in ofoperating ~~$11,430,~~its ~~telephone~~Canadian ofoffices ~~$3,241,~~ and ~~travel~~general ~~expenses of $3,278~~administration.

The major expenses incurred in Chile during the three-month period ended June 30, 2002 consisted of rent amounting to $108,853, salaries and related expenses totaling $15,023, sales commission on the sale of the timber amounting to $10,232, professional fees of $4,159, security guards of $6,607, depreciation expense of $4,422, and travel expense of $7,894.

Other general expenses incurred in the second quarter of 2002 including operating its Canadian offices consisted of salaries and related payroll costs of $47,918, consulting fees of $27,574, professional fees of $31,746, advertising and promotion of $9,784, rent of $16,133, telephone of $3,926, and office supplies of $5,007.

Canadian Rockport Homes International, Inc.

Results of Operations for the Six Months Ended June 30, 2003 and 2002

General and administration costs were $498,133 and $611,633, respectively, for the six-month periods ended June 30, 2003 and 2002.

Of the $498,133 incurred during 2003, $155,521 was incurred in the Company’s Chilean operations. The remaining $342,612 pertains to costs incurred in operating its Canadian offices and general administration.

The major expenses incurred in Chile during the six month period ended June 30, 2003 salaries and related expenses totaling $69,636, professional fees of $5,566, rent of $14,486 and travel expense of $13,383.

Other general expenses incurred in the second quarter of 2003 including operating its Canadian offices consisted of salaries and related payroll costs of $141,594, consulting fees of $28,306, professional fees of $28,265, advertising and promotion of $36,980, rent of $34,864, telephone of $8,279 and office supplies of $8,364.

Of the $611,633 incurred during 2002, $324,693 was incurred in the Company’s Chilean operations. The remaining $286,970 pertains to costs incurred in operating its Canadian offices and general administration.

The major expenses incurred in Chile during the six month period ended June 30, 2002 consisted of rent amounting to $216,822, salaries and related expenses totaling $30,491, sales commission on the sale of the timber amounting to $10,232, professional fees of $12,142, security guards of $10,601, depreciation expense of $8,845, and travel expense of $10,584.

Other general expenses incurred in the second quarter of 2002 including operating its Canadian offices consisted of salaries and related payroll costs of $106,294, consulting fees of $43,228, professional fees of $51,446, advertising and promotion of $13,591, rent of $27,562, telephone of $7,168, and office supplies of $8,256.

Liquidity and Capital Resources

Cash and cash equivalents as of ~~March~~June 3130, 2003 and 2002 were $~~154~~68,~~749~~229, and $8626,~~849~~207, respectively. During the ~~first~~six ~~quarter~~months ofended ~~2003~~June 30, ~~the Company moved from its former leased facility and commenced construction of its new plant on the land previously acquired. During this three-month period~~2003, the Company received ~~a total of~~ $~~315~~166,~~774~~232 through the sale of 6333,~~024~~240 shares of ~~the~~its ~~Company’s~~ common stock, $134 in interest, $2,917 inreceived as commissions ~~earned~~ on a timber ~~sale~~sales and received $~~111~~2,242 on a repayment of consulting fees paid in ~~interest~~a previous year. During the ~~same~~six month period, ~~the~~ended ~~Company~~June ~~paid~~30, 2003, $~~221~~418,~~098~~668 was used in ~~its~~the Company’s operations, ~~purchased equipment for its Canadian offices totaling~~ $5145,~~753,~~207 ~~paid~~was ~~$41,303~~used onin the construction of its ~~modular~~Chilean plant and display home, ~~paid~~, $~~74,121~~399 reduction in ~~connection~~the ~~with~~principal ~~construction~~balance ofdue ~~its~~on ~~new~~the ~~plant,~~purchase ~~and~~of ~~paid~~computer equipment and $1743,~~932~~686 inwas ~~costs~~paid ~~associated~~in connection with ~~its~~the ~~public~~Company’s offering. The cash balance as of June 30, 2003 was $68,229.

During the ~~first~~six ~~quarter~~months ofended June 30, 2002, the Company received a$141,523 ~~total~~from the sale of its timber, $~~189~~218,~~484~~461 through the sale of 3743,~~842~~635 shares of ~~the~~its ~~Company’s~~ common stock, ~~and~~ $~~208~~243 in interest., ~~The~~$71,287 ~~Company~~in ~~also~~loans ~~received~~from a third parties, and $3738,~~316~~101 asfrom ~~reimbursement~~Dr. onMalone. During the three-month period, $49452,~~257~~946 ~~paid~~was byused in the Company’s onoperations. ~~direct~~In ~~liabilities~~addition, of$132,399 ~~Madera~~was ~~Dorada~~used ~~Canadiense~~in ~~S.A.,~~the ~~(See~~construction ~~item~~of ~~5).~~its InChilean ~~addition,~~plant and for the ~~Company~~purchase ~~advanced~~of other equipment, $2610,~~509~~000 towas ~~the~~paid ~~Company’s~~to ~~CEO~~a ~~and~~stockholder ~~was~~in ~~repaid~~exchange ~~$12,816~~for ~~during~~ the ~~quarter.~~receipt ~~During~~and ~~the~~subsequent ~~same~~cancellation ~~period~~of 5,000 ~~the~~shares ~~Company~~of ~~paid~~its ~~$241~~common stock,~~810~~ $131 reduction in ~~its~~the ~~operations,~~principal ~~purchased~~balance ~~equipment~~due ~~for~~on ~~its~~the ~~Canadian~~purchase ~~offices~~of ~~totaling~~computer $9equipment,~~249~~ ~~and paid~~ $5040,~~000~~021 was advanced to ~~TWiC~~the ~~Housing~~Company’s ~~Corporation~~President. ~~for~~The ~~construction~~cash balance as of ~~its~~June ~~molds~~30, 2002 was $26,207.

Canadian Rockport Homes International, Inc.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Canadian Rockport Homes International, Inc. may be subject to market risk in the form of interest rate risk and foreign currency risk. Canadian Rockport Homes International, Inc. is a development stage company with limited operations to date, and neither interest rate nor foreign currency has had a material impact on such operations.

The company's exposure to interest rate changes primarily relate to long-term debt used to fund future property acquisitions. Management's objective is to limit any impact of interest rate changes and may include any borrowing to be negotiated at fixed rates. Although interest rate changes have had no material affect on operations to date, management must continually evaluate such rates as manufacturing operations commence, corporate profitability is achieved, and expansion is being considered. The company may also establish lines of credit through traditional banking venues to insure liquidity during future periods of growth, and may consider fixed or variable rate bank lines consistent with any fluctuation of interest rates at the time of such growth.

The company's exposure to foreign currency exchange requires continuing management attention to the stability of the countries in which operations may be planned, as well as trade relations between the selected country(s) and Canada. Both trade relations and stability as pursuant to planned operations in Chile are currently favorable. Canadian Rockport Homes International, Inc. will continue to comprehensively evaluate conditions in countries where operations are in place and where future operations are planned, and will take any measures feasible at the time to minimize foreign currency risk. Such measures may include, but are not limited to; a reduction in operations or relocating a portion of operations to a more favorable environment.

~~Canadian~~Item ~~Rockport~~4. ~~Homes~~Controls ~~International,~~and ~~Inc.~~ Procedures

~~Part~~Canadian IIRockport Homes International, Inc. ~~OTHER~~management, ~~INFORMATION~~including the Principal Executive Officer and Principal Financial Officer, have conducted an evaluation of the effectiveness of disclosure controls and procedures pursuant to Exchange Act Rule 13a-14(c) and 15d-14(c). This evaluation was conducted within 90 days prior to the filing of this report. Based on that evaluation, the Principal Executive Officer and Principal Financial Officer concluded that the disclosure controls and procedures are effective in ensuring that all material information required to be filed in this quarterly report has been made known to them in a timely fashion. There have been no significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date the Principal Executive Officer and Principal Financial Officer completed their evaluation.

~~Item~~ Canadian 1.Rockport ~~Legal~~Homes ~~Proceedings~~International, ~~None~~Inc.

Part II. OTHER INFORMATION

Item 1.	Legal Proceedings
	None

Item 2. Change in Securities and Use of Proceeds

During the three- months ended ~~March~~June 3130, 2003, the Company received a total of $~~315~~166,~~774~~232 through the sale of 6333,~~024~~240 shares of ~~the~~its ~~Company’s~~ common stock,. During the same period it issued 1,600 shares of its common stock for marketing services. ~~rendered~~During inthe ~~connection~~period ~~with~~from ~~its~~July ~~public~~1, ~~offering.~~2003 ~~The~~through ~~services~~July ~~were~~21, ~~valued~~2003, atthe Company received $8110,000. ~~For~~through the ~~period~~issuance ~~form~~of ~~April 1~~22,000 ~~2003~~shares ~~through~~of ~~June~~its 17common stock. In addition, ~~2003~~during the period, the ~~company~~Company issued 27a total of 700,~~740~~000 shares of its common stock into ~~exchange~~its management and employees for ~~approximately~~services ~~$138,000~~rendered.

In July 2003, an employee located in Chile resigned her position with the Company and returned to the Company 150,000 shares of Company common stock which was previously issued to her. These shares were returned to the Company’s treasury and subsequently cancelled.

Item 3.	Defaults Upon Senior Securities
	None

Item 4.	Submission of Matters to a Vote of Security Holders
	Not applicable

Item 5.	Other Information
	None

Item 6. Exhibits and Reports on Form 8-K

Exhibits
Canadian Rockport Homes International, Inc. includes herewith the following:
Number	Description
99.1	Certification of Chief Executive Officer of Canadian Rockport Homes International, Inc. pursuant
	to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
99.2	Certification of Principal Accounting Officer of Canadian Rockport Homes International pursuant
	to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

Exhibits

Canadian Rockport Homes International, Inc. includes herewith the following:

Number	Description
99.1	Certification of Chief Executive Officer of Canadian Rockport Homes International, Inc. pursuant
	to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
99.2	Certification of Principal Accounting Officer of Canadian Rockport Homes International pursuant
	to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

Reports on Form 8-K

No filings were made during the period covered by this report.

~~Item~~ Canadian 7.Rockport ~~Controls~~Homes ~~and~~International, ~~Procedures~~Inc.

Canadian Rockport Homes International, Inc. management, including the Principal Executive Officer and Principal Financial Officer, have conducted an evaluation of the effectiveness of disclosure controls and procedures pursuant to Exchange Act Rule 13a-14(c) and 15d-14(c). This evaluation was conducted within 90 days prior to the filing of this report. Based on that evaluation, the Principal Executive Officer and Principal Financial Officer concluded that the disclosure controls and procedures are effective in ensuring that all material information required to be filed in this quarterly report has been made known to them in a timely fashion. There have been no significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date the Principal Executive Officer and Principal Financial Officer completed their evaluation.SIGNATURES

~~Canadian~~In ~~Rockport~~accordance ~~Homes~~with ~~International~~the requirements of the Exchange Act, ~~Inc~~the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SIGNATURES

	Canadian Rockport Homes International, Inc.
	Registrant


Date: August 15, 2003	By: \s\ William R. Malone, President
	William R. Malone, President and Director

Date: August 15, 2003	By: \s\ Carol Laeser Treasurer
	Carol Laeser, Treasurer and Director

Date: August 15, 2003	By: \s\ Harry Gordon, Secretary
	Harry Gordon, Secretary And Director

Date: August 15, 2003	By: \s\ Nelson Riis, Director
	Nelson Riis, Director

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has dully caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.CERTIFICATION

Canadian Rockport Homes International, Inc.
	Registrant
By:	\s\ William R. Malone, CEO
	William R. Malone, CEO
Date:	June 22, 2003

I William R. Malone, certify that:

~~Pursuant~~1. I have reviewed this quarterly report on Form 10-Q of Canadian Rockport Homes International, Inc.; 2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the ~~requirements~~statements made, in light of the ~~Securities~~circumstances ~~Exchange~~under ~~Act~~which ofsuch ~~1934~~statements were made, not misleading with respect to the period covered by this quarterly report; ~~has~~3. ~~been~~Based ~~signed~~on ~~below~~my byknowledge, the ~~following~~financial ~~persons~~statements, onand ~~behalf~~other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and infor, the ~~capacities~~periods presented in this quarterly report; 4. The registrant's other certifying officers and onI are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the ~~dates~~registrant ~~indicated.~~ and have:

Date: June 22, 2003	By: \s\ William R. Malone, President
	William R. Malone, President and Director
Date: June 22, 2003	By: \s\ Carol Laeser Treasurer
	Carol Laeser, Treasurer and Director
Date: June 22, 2003	By: \s\ Harry Gordon, Secretary
	Harry Gordon, Secretary And Director
Date: June 22, 2003	By: \s\ Nelson Riis, Director
	Nelson Riis, Director

a) designed such disclosure controls and procedures to ensure that material information relating to the

registrant, including its consolidated subsidiaries, is made known to us by others within those entities,

particularly during the period in which this quarterly report is being prepared;

b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90

days prior to the filing date of this quarterly report (the "Evaluation Date"); and

c) presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and

procedures based on our evaluation as of the Evaluation Date;

~~CERTIFICATION~~ 5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

Ia) ~~William~~all R.significant ~~Malone~~deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, ~~certify~~process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b) any fraud, whether or not material, that: involves management or other employees who have a significant role in the registrant's internal controls; and

16. The registrant's other certifying officer and I have indicated in this quarterly report whether there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Date: IAugust ~~have~~15, ~~reviewed~~2003 ~~this~~/s/ ~~quarterly~~William ~~report~~R. onMalone ~~Form~~- 10-Q---------------------------- ofWilliam ~~Canadian~~R. ~~Rockport~~Malone ~~Homes~~Principal ~~International,~~Executive ~~Inc.;~~ Officer

2.CERTIFICATION

~~Based on my knowledge~~I, ~~this~~Carol ~~quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made~~Laeser, incertify ~~light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;~~that:

1. I have reviewed this quarterly report on Form 10-Q of Canadian Rockport Homes International, Inc.; 2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report; 3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

a) ~~Based~~designed onsuch mydisclosure ~~knowledge,~~controls and procedures to ensure that material information relating to the ~~financial~~registrant, ~~statements~~including its consolidated subsidiaries, ~~and~~is ~~other~~made ~~financial~~known ~~information~~to ~~included~~us by others within those entities, particularly during the period in which this quarterly report, ~~fairly~~is ~~present~~being inprepared; ~~all~~b) ~~material~~evaluated ~~respects~~ the ~~financial~~effectiveness ~~condition,~~of ~~results~~the ofregistrant's ~~operations~~disclosure controls and ~~cash~~procedures ~~flows~~as of a date within 90 days prior to the ~~registrant~~filing asdate of, ~~and~~this ~~for,~~quarterly report (the ~~periods~~"Evaluation Date"); and c) presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;

45. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a) ~~The~~all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ~~other~~ability ~~certifying~~to ~~officers~~record, process, summarize and Ireport ~~are~~financial ~~responsible~~data and have identified for ~~establishing~~the ~~and~~registrant's ~~maintaining~~auditors ~~disclosure~~any material weaknesses in internal controls; and ~~procedures~~b) ~~(as~~any ~~defined~~fraud, inwhether ~~Exchange~~or ~~Act~~not ~~Rules~~material, ~~13a-14~~that ~~and~~involves ~~15d-14)~~management ~~for~~or other employees who have a significant role in the registrant's ~~and~~internal ~~have:~~ controls; and

a)6. ~~designed~~The ~~such disclosure controls and procedures to ensure that material information relating to the~~ registrant,'s ~~including~~other ~~its~~certifying ~~consolidated~~officer ~~subsidiaries,~~and isI ~~made~~have ~~known~~indicated ~~to us by others within those entities, particularly during the period~~ in ~~which~~ this quarterly report iswhether ~~being~~there ~~prepared;~~were b)significant ~~evaluated~~changes ~~the~~in ~~effectiveness~~internal ~~of the registrant's disclosure~~ controls ~~and~~or ~~procedures~~in asother offactors athat ~~date~~could ~~within~~significantly 90affect ~~days~~internal ~~prior~~controls subsequent to the ~~filing~~ date of ~~this~~our ~~quarterly~~most ~~report~~recent ~~(the~~evaluation, ~~"Evaluation~~including ~~Date");~~any ~~and~~corrective c)actions ~~presented~~with inregard ~~this~~to ~~quarterly~~significant ~~report~~deficiencies ~~our conclusions about the effectiveness of the disclosure controls~~ and ~~procedures~~material ~~based on our evaluation as of the Evaluation Date;~~weaknesses.

5. Date: August 15, 2003 /s/ Carol Laeser - ----------------------------- Carol Laeser Principal Accounting Officer

The registrant's other certifying officer and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and

The registrant's other certifying officer and I have indicated in this quarterly report whether there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Date: June 22, 2003 /s/ William R. Malone - ----------------------------- William R. Malone Principal Executive Officer

CERTIFICATION

I, Carol Laeser, certify that:

I have reviewed this quarterly report on Form 10-Q of Canadian Rockport Homes International, Inc.;

Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;

a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and c) presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;

Date: June 22, 2003 /s/ Carol Laeser - ----------------------------- Carol Laeser Principal Accounting Officer

Filing Compare · Canadian Rockport Homes Int'l, Inc.