<PAGE>
<PAGE>         U. S. Securities and Exchange Commission
                         Washington, D. C.  20549


                                FORM 10-QSB


[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     For the quarterly period ended March 31, 1998

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934 

     For the transition period from _________________ to __________________

                                     
                       Commission File No. 0-24688


                          G/O INTERNATIONAL, INC.    
                          -----------------------
              (Name of Small Business Issuer in its Charter)


           COLORADO                                      76-0025986     
           --------                                      ---------- 
  (State or Other Jurisdiction of                (I.R.S. Employer I.D. No.)
    incorporation or organization)


                                11849 Wink
                           Houston, Texas  77024 
                           ---------------------   
                 (Address of Principal Executive Offices)

                Issuer's Telephone Number:  (713) 783-1204


Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Sections 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 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.

(1)  Yes  X    No                  (2)  Yes   X     No      
         ---      ---                        ---      ---

             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 court.

          Yes  X          No     
              ---            ---
                                     

                   APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the Registrant's classes
of common stock, as of the latest practicable date:

                              March 31, 1998

                    Common Voting Stock - 6,135,372 shares


                      PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements.
          ---------------------

          The Financial Statements of the Registrant required to be filed with
this 10-QSB Quarterly Report were prepared by management and commence below,
together with related Notes.  In the opinion of management, the Financial
Statements fairly present the financial condition of the Registrant.

<PAGE>

                          G/O INTERNATIONAL, INC.
                       (A Development Stage Company)

                     CONSOLIDATED FINANCIAL STATEMENTS

                   March 31, 1998 and December 31, 1997
<PAGE>
<TABLE>
                          G/O INTERNATIONAL, INC.
                       (A Development Stage Company)
                        Consolidated Balance Sheet
<CAPTION>

                                  ASSETS

                                         March 31,    December 31,
                                         1998            1997       
                                         (Unaudited)     
<S>                                     <C>           <C>      
CURRENT ASSETS                           

  Cash                                   $   30,453  $    9,848
  Accounts receivable                        70,000      -       

     Total Current Assets                   100,453       9,848  

OTHER ASSETS

  Organization costs                            960       1,920  
  Horses                                    104,700      70,700  

    Total Other Assets                      105,660      72,620  

    TOTAL ASSETS                         $  206,113  $   82,468  

              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

  Accounts payable                       $   14,558  $       58
  Accrued interest                           -              165  
  Advances from stockholders (Note 3)       141,885      39,385  

    Total Current Liabilities               156,443      39,608  

MINORITY INTEREST                            66,763      72,879  

STOCKHOLDERS' EQUITY (DEFICIT)

  Common stock, $0.01 par value, 
   20,000,000 shares authorized;
   6,135,372 shares issued and outstanding   61,354      61,354     
  Additional paid-in capital              2,339,226   2,339,228  
  Accumulated deficit prior to the 
   development stage                     (2,330,609) (2,330,609)
  Deficit accumulated during the 
   development stage                        (87,064)    (99,992)

    Total Stockholders' Equity (Deficit)    (17,093)    (30,019)

    TOTAL LIABILITIES AND STOCKHOLDERS' 
     EQUITY (DEFICIT)                    $  206,113  $   82,468
</TABLE>
<TABLE>  
                          G/O INTERNATIONAL, INC.
                       (A Development Stage Company)
                   Consolidated Statements of Operations
                               (Unaudited)
<CAPTION>

                                                          From         
                                                          Inception on    
                                                          January 1,     
                               For the Three Months Ended 1991 Through  
                                       March 31,            March 31,     
                                    1998          1997        1998
<S>                              <C>          <C>         <C>         
REVENUES

  Horse sales                    $   70,000   $   60,000  $  184,925
  Other income                       -            -               58

  Total Revenues                     70,000       60,000     184,983

COST OF SALES                        27,100       41,770     106,110

GROSS MARGIN                         42,900       18,230      78,873

EXPENSES:

   General and administrative        32,544       33,885     195,678
   Interest expense                   2,751          627       4,643
                                                                              
     Total Expenses                  35,295       34,512     200,321

NET LOSS FROM OPERATIONS              7,605      (16,282)   (121,448)
 
MINORITY INTEREST                     5,323        5,502      34,384

NET LOSS                         $   12,928   $  (10,780) $  (87,064)

LOSS PER SHARE                   $    (0.00)  $    (0.01)
</TABLE>
<TABLE>
                           G/O INTERNATIONAL, INC.
                        (A Development Stage Company)
          Consolidated Statements of Stockholders' Equity (Deficit)
<CAPTION>

                                               Additional  
                             Common Stock        Paid-in  Accumulated     
                           Shares     Amount     Capital    Deficit          
<S>                        <C>       <C>       <C>       <C>
Balance, January 1, 1991
(inception of development 
stage)                      323,866   $ 3,239 $2,321,443 $(2,330,609)

Net loss for the year ended 
 December 31, 1991           -         -          -              (72)

Balance, December 31, 1991  323,866     3,239  2,321,443  (2,330,681)

Net loss for the year ended 
 December 31, 1992           -         -          -           (1,466)

Balance, December 31, 1992  323,866     3,239  2,321,443  (2,332,147)

Net loss for the year ended
 December 31, 1993           -         -          -           (1,678)

Balance, December 31, 1993  323,866     3,239  2,321,443  (2,333,825)

Shares issued to directors 
 in lieu of services 
 rendered and offset of 
 advances, 1,500,000
 shares at $0.01 per share 
 on May 6, 1994           1,500,000    15,000     -              -             
      
Issuance of shares for 
 legal services at $0.01 
 per share on July 26, 
 1994                       150,000     1,500     -              -      

Net loss for the year ended 
 December 31, 1994           -         -          -          (24,350)

Balance, December 31, 
 1994                     1,973,866    19,739  2,321,443  (2,358,175)

Shares returned back to the 
 Company and canceled in 
 February 1995              (18,494)     (185)       185         -      

Issuance of shares for cash,
 October 23, 1996 at $0.01 
 per share                2,000,000    20,000     -              -     

Shares issued to directors 
 in lieu of services 
 rendered, November 1995 
 at $0.01 per share          30,000       300     -              -      

Net loss for the year ended 
 December 31, 1995           -         -          -           (4,095)

Balance, December 31, 
 1995                     3,985,372    39,854  2,321,628  (2,362,270)

Issuance of 2,000,000 
 shares for cash, March 
 12, 1996 at $0.01        2,000,000    20,000     -              -     
                           
Issuance of 50,000 shares 
 for services on October 
 31, 1996 at $0.01 per 
 share                       50,000       500     -              -      

Liquidating dividend         -         -          (6,400)        -      

Net loss for the year ended 
 December 31, 1996           -         -          -          (25,510)

Balance, December 31, 
 1996                     6,035,372    60,354  2,315,228  (2,387,780)

Issuance of 40,000 shares 
 for cash on October 2, 
 1997 at $0.25 per share     40,000       400      9,600         -     

Issuance of 60,000 shares 
 for services on October 29, 
 1997 at $0.01 per share     60,000       600     14,400         -     

Net loss for the year ended 
 December 31, 1997           -          -         -          (42,821)

Balance, December 31, 
 1997                     6,135,372    61,354 $2,339,228 $(2,430,601)

Net income for the three 
 months ended March 31, 
 1998                        -          -         -           12,928

Balance, March 31, 1998   6,135,372   $ 61,354 2,339,228  $2,417,673
</TABLE>
<TABLE>
                           G/O INTERNATIONAL, INC.
                        (A Development Stage Company)
                    Consolidated Statements of Cash Flows
                                (Unaudited)
<CAPTION>
                                                           From         
                                                           Inception on    
                                                           January 1,          
                                For the Three Months Ended 1991 Through  
                                          March 31,          March 31,     
                                     1998          1997        1998
<S>                               <C>         <C>          <C>           
CASH FLOWS FROM OPERATING ACTIVITIES

NET (LOSS) INCOME                 $   12,928  $  (10,780) $  (87,064)
 Reconciliation of net loss to 
  cash provided (used)
  in operating activities:
 Common stock issued in lieu of 
  services rendered and offset 
  of advances                         -              -         32,300
 Amortization expense                 -              -          1,280
 Minority interest                    (6,118)     (5,502)     (35,177)
 (Increase) decrease in accounts 
 receivable                          (70,000)    (60,000)     (70,000)
 (Increase) decrease in prepaid 
 expenses                             -              986          -     
 (Increase) decrease in organization 
 costs                                   960         -            960
 Increase (decrease) in accounts 
 payable                              14,500       7,112        8,629
 Increase in accrued expenses           (165)        -            -     
 Increase (decrease) in advances from 
 stockholders                        102,500      10,000      141,885

   Net Cash (Used) by Operating 
   Activities                         54,605     (58,184)      (7,187)

CASH FLOWS FROM INVESTING ACTIVITIES

 Sale of houses                       -           35,770          -     
 Purchase of investments              -              -         (3,200)
 (Increase) Decrease of horses       (34,000)        -       (104,700)

   Net Cash (Used) by Investing 
   Activities                        (34,000)     35,770     (107,900)

CASH FLOWS FROM FINANCING ACTIVITIES

 Payment of dividend                  -              -         (6,400)
 Cash from minority shareholders      -              -        101,940
 Cash from sales of stock             -              -         50,000

   Net Cash Provided from Financing 
   Activities                         -              -        145,540

NET CHANGE IN CASH                    20,605     (22,414)      30,453

CASH AT BEGINNING OF PERIOD            9,848      34,091          -     

CASH AT END OF PERIOD             $   30,453  $   11,677   $   30,453
                                                                      
CASH PAID FOR:

  Interest                        $   -       $      -     $      -     
  Income taxes                        -              -            -     

NON-CASH ITEMS

  Common stock issued in lieu of
   services rendered and offset or 
   advances                       $   -       $      -     $   32,300

  Common stock returned and 
  canceled                        $   -       $      -     $      185     
</TABLE>
                           G/O INTERNATIONAL, INC.
                        (A Development Stage Company)
           Notes to the Unaudited Consolidated Financial Statements
                    March 31, 1998 and December 31, 1997


NOTE 1 - CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

       The accompanying consolidated financial statements have been prepared
by the Company without audit.  In the opinion of management, all adjustments
(which include only normal recurring adjustments) necessary to present fairly
the financial position, results of operations and cash flows at March 31, 1998
and for all periods presented have been made.

       Certain information and footnote disclosures normally included in
consolidated financial statements prepared in accordance with general accepted
accounting principles have been condensed or omitted.  It is suggested that
these condensed consolidated financial statements be read in conjunction with
the financial statements and notes thereto included in the Company's December
31, 1997 audited consolidated financial statements.  The results of operations
for the periods ended March 31, 1998 and 1997 are not necessarily indicative
of the operating results for the full year.  

NOTE 2 - ORGANIZATION

       G/O International, Inc. (the Company) was initially incorporated under
the laws of the State of Colorado in June, 1973 as Rocky Mountain Ventures,
Inc.  During mid 1978, the Company experienced financial difficulties, at
which time new officers and directors were elected, the Company changed its
business activity from hard rock mining to oil and gas exploration,
development and production, and offices were relocated from Denver, Colorado,
to its present location in Houston, Texas.

       On February 4, 1986, the Company filed for protection under Chapter 11
of the United States Bankruptcy Code.  The Company ceased operations in 1988
and did not conduct any business activity other than the closing of its
bankruptcy filing and other organizational activities until it acquired
Waterbury Resources, Inc.

       The Company is now considered to be in the development stage (effective
January 1, 1991  for accounting purposes) and has not commenced planned
principal operations.  For disclosure purposes, the accompanying Statement of
Stockholders' Equity (Deficit) has been reflected from the date of the
inception of the development stage.  The Company has paid a partially
liquidating dividend.  The dividend was in the form of shares of two of its
subsidiaries.

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

       The following is a summary of the significant accounting policies
followed in connection with the preparation of the consolidated financial
statements.

       Income Taxes - Income taxes have been provided on financial statement
income.  There are no deferred income taxes arising from timing differences
which result from income and expense items being reported for financial
accounting and tax reporting purposes in different periods (see Note 8).

       Loss Per Share - The Company computes loss per share by the weighted
average method.  Fully diluted earnings per share are not presented because
the Company does not have common stock equivalents.  As discussed below, the
Company's Board of Directors authorized a reverse split of its outstanding
Common Stock.  All loss per share disclosures have been retroactively restated
to reflect the reverse split.

       Cash and Cash Equivalents - The Company considers all highly liquid
investments with maturities of three months or less to be cash equivalents.

       Use of Estimates - The preparation of consolidated 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 consolidated financial statements and the reported amounts
of revenues and expenses during the reporting period.  Actual results could
differ from those estimates.

       Principles of Consolidation - The accompanying financial statements
include the accounts of the Company and its wholly owned subsidiary Antares
Trading, Inc. and its 50.7% owned subsidiary Waterbury Resources, Inc.

NOTE 4 - BANKRUPTCY FILING

       On February 4, 1986, the Company filed a voluntary petition pursuant to
Chapter 11 of Title 11 of the United States Bankruptcy Code.  At the time of
its filing, the Company had liabilities in excess of $950,000.

       In accordance with the Company's Second Amended Plan of Reorganization
the creditors were broken down into nine separate classes for individual
satisfaction.  A total of $1,496 of debt was paid in cash, $562,098 of debt
was paid through transfer of secured property interest, and the balance of
$338,061 of debt was satisfied through the issuance of 338,062 shares of its
previously unissued common stock.  On March 13, 1992 the Bankruptcy Court
issued its final decree and the Chapter 11 bankruptcy was closed.

NOTE 5 - ADVANCES FROM STOCKHOLDERS

       Stockholders of the Company have advanced funds to the Company to cover
settlement of bankruptcy obligations and ongoing administrative expenses.  The
advances bear no interest and are repayable on demand as funds become
available.  Total advances amounted to $39,385 at December 31, 1996.

NOTE 6 - CAPITAL TRANSACTIONS

       On May 6, 1994, the Company's Board of Directors authorized a reverse
split of its outstanding common stock.  The reverse split was on a basis of 1
(one) share for each 100 shares outstanding (1 for 100).  However, no
shareholders' holding was to be reduced to less than 100 shares.  The total
number of shares of common stock outstanding after the split was 323,866.  The
reverse stock split is reflected on a retroactive basis.

       On May 6, 1994, the Company's shareholders adopted, ratified and
approved Board of Directors' resolutions authorizing the issuance of a total
of 1,500,000 post-split shares of its previously unissued common stock to a
director and the former legal counsel (750,000 shares each) in exchange for
services rendered and advances made totaling $15,000.

       On July 26, 1994,  the Company's Board of Directors entered into a
compensation agreement calling for the issuance of 150,000 post-split shares
of its previously unissued commons stock, valued at $1,500, in exchange for
legal services rendered by its current legal counsel.

       During 1995 18,494 shares of common stock was turned back to the
Company and canceled due to rounding of shares in the reverse split of the
Company's common stock.

       On October 23, 1995 the Company issued 2,000,000 shares of its common
stock at $0.01 per share for a total of $20,000.

       During November 1995, 30,000 shares of common stock was issued to
Directors of the Company in lieu of services rendered, valued at $0.01 per
share.

       In March of 1996, 2,000,000 shares of common stock were issued for cash
of $20,000 or $0.01 per share.

       In October of 1996, 50,000 shares of common stock were issued for
services valued $0.01 or $500.

NOTE 7 - RELATED PARTY TRANSACTIONS

       The President of the Company provides office space and other clerical
services at no cost to the Company.

NOTE 8 - INCOME TAX

       During 1993 the Company adopted Statement of financial Accounting
Standards No.109 - "Accounting for income Taxes" (SFAS 109).  SFAS 109 is an
asset and liability approach that requires the recognition of deferred tax
assets and liabilities for the expected future tax consequences of events that
have been recognized in the Company's consolidated financial statements or tax
returns.  In estimating future tax consequences,  SFAS 109 generally considers
all expected future events other than enactments of changes in the tax law or
rates.  Previously, the Company accounted for income taxes under APB Opinion
No. 11.  Under SFAS 109, in the year of adoption, previously reported results
of operations for that year should be restated to reflect the effects of
applying SFAS 109, and the cumulative effect of adoption on prior years'
results of operations should be shown in the income statement in the year of
change it was determined that there was no cumulative effect on the prior year
earnings.  For tax purposes, the Company had available, at December 31, 1996,
not operating loss ("NOL") carry forwards for regular Federal Income Tax
purposes of an estimated $2,064,959 which are estimated to expire as shown
below.  A valuation, allowance has been established for estimated tax benefits
of the loss carry overs which are not expected to be realized.

                     Year             Amount 
                     1998            $ 73,718
                     1999           1,891,249
                     2006                  72
                     2007               1,466
                     2008               1,678
                     2009              24,350
                     2010               4,095
                     2011              25,510
                     2012              42,821

NOTE 9 - GOING CONCERN

       The Company has experienced losses totaling $87,064 from inception of
its development stage.  The Company also has limited assets and operating
capital with a stockholder deficit of $17,093 at March 31, 1998.  In light of
this circumstance, the ability of the Company to continue as a going concern
is substantially in doubt.  The consolidated financial statements do not
include any adjustments that might result from the outcome of this
uncertainty.

       Management plans are to seek another entity that wants to consummate an
acquisition by allowing the purchasing entity to buy or exchange unissued
shares of the Company's common stock in order to become a part of a public
company.  Management believes their plans will provide the Company with the
ability to continue in existence.  In the interim management has committed to
meeting its operating expenses.
                 
Item 2.   Management's Discussion and Analysis or Plan of Operation.
          ----------------------------------------------------------

Plan of Operation.
------------------

          All material operations of the Company during the quarterly period
ended March 31, 1998, were those of its 50.7%-owned subsidiary,
Waterbury Resources, Inc., a Cayman Islands corporation ("Waterbury").  The
Company intends to continue to seek out the acquisition of assets, property or
business that may be beneficial to the Company and its stockholders.

Results of Operations.
----------------------

          The Company discontinued its operations on approximately December
15, 1989.  During the quarterly period ended March 31, 1998, Waterbury, the
Company's 50.7%-owned subsidiary, received revenues of $70,000 from the sales
of horses.
  
          Taking into account general and administrative expenses of $32,544;
costs of sales of $27,100; and interest expense of $2,751, on a consolidated
basis, the Company had  net income from operations of $7,605 during this
period, as compared to a net loss from operations of $16,282 during the
quarterly period ended March 31, 1997.
 
                        PART II - OTHER INFORMATION

Item 1.   Legal Proceedings.
          ------------------

          None; not applicable.

Item 2.   Changes in Securities.
          ----------------------

          None; not applicable.

Item 3.   Defaults Upon Senior Securities.
          --------------------------------
 
          None; not applicable.

Item 4.   Submission of Matters to a Vote of Security Holders.
          ----------------------------------------------------

          None; not applicable.

Item 5.   Other Information.  
          ------------------

         None; not applicable.

Item 6.   Exhibits and Reports on Form 8-K.
          ---------------------------------
                                                     
          (a)  Exhibits.                           
               
               None. 

          (b)  Reports on Form 8-K.

               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.

                                   G/O INTERNATIONAL, INC.


Date: May 18, 1998                 By /s/ J.L. Burns 
      --------------                  -------------------
                                     Jack Burns, Director
                                     President and Treasurer