UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________  FORM 10-Q ____________________  X.QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934  For the quarterly period ended June 30, 2010  .TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE EXCHANGE ACT  For the transition period from ____________ to____________  Commission File No. 000-24688   RADIANT OIL & GAS, INC. Formerly known as G/O Business Solutions (Exact name of registrant as specified in its charter)   Colorado76-0025986(State or other jurisdiction of(I.R.S. Employer Identification No.)incorporation or organization)  2202 Bluebonnet Drive Richardson, Texas 75082 (Address of Principal Executive Offices)  (469) 233-6258 (Registrants telephone number including area code)  N/A (Former name, former address and former fiscal year, if changed since last report)  Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 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. Yes  X. No  .  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non accelerated filer, or a smaller reporting company, See definitions of large accelerated filer accelerated filer and small reporting company in Rule 12b-2 of the Exchange Act. (check one)  Large accelerated filer  . Accelerated filer  .  Non-accelerated filer  . (Do not check if a smaller reporting company) Smaller reporting company  X.  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes  X. No  .    APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS  Not applicable.  APPLICABLE ONLY TO CORPORATE ISSUERS  Indicate the number of shares outstanding of each of the issuers classes of common stock, as of the latest practicable date: July 28, 2010- 4,985,205 shares of common stock.        RADIANT OIL & GAS, INC. (formerly known as G/O Business Solutions)  INDEX  Page No.Part IFinancial Information1Item 1.Financial Statements of Radiant Oil & Gas Inc. (FKA G/O Business Solutions )1Balance Sheets dated June 30, 2010 and December 31, 2009 (Unaudited)2Statements of Expenses for  the Three and Six Months Ended June 30, 2010 and 2009 and from inception of development stage on August 15, 2006 to
June 30, 2010 (Unaudited)3Statements of Cash Flows for the Six Months Ended June 30, 2010 and 2009 and from inception of development stage on August 15, 2006 to June 30, 2010 (Unaudited)4Notes to the Financial Statements (Unaudited)5Item 2.Managements Discussion and Analysis of Financial Condition and Result of Operation6Item 3.Quantitative and Qualitative Disclosures About Market Risk7.Item 4T.Controls and Procedures7Part IIOther Information8Item 1.Legal Proceedings8Item 1ARisk FactorsItem 2.Unregistered Sales of Equity Securities and Use of Proceeds8Item 3.Defaults Upon Senior Securities8Item 4.Submission of Matters to a Vote of Security Holders8Item 5.Other Information.8Item 6.Exhibits8Signatures9     PART I   Item 1. Financial Statements                     1   Radiant Oil & Gas, Inc. (formerly known as G/O Business Solutions) (A Development Stage Company) BALANCE SHEETS (Unaudited)    June 30,December 31,20102009ASSETSCurrent assets:Cash$40$1,053TOTAL ASSETS$40$1,053LIABILITIESAccounts payable$177,960$34,400Accrued interest due to stockholders18,56126,486Advances from stockholders31,385106,787TOTAL CURRENT LIABILITIES227,906167,673STOCKHOLDERS DEFICIT:Preferred stock, $0.01 par value per share, 5,000,000 shares authorized; none issued and outstanding$-$-Common stock, $0.01 par value, 100,000,000 shares authorized; 4,985,205 and 4,440,187 shares issued and outstanding, respectively49,85244,402Additional paid-in capital3,850,0773,641,667Accumulated deficit prior to the development stage(3,518,748)(3,518,748)Deficit accumulated during the development stage(609,047)(404,297)Total stockholders deficit(227,866)(166,620)Total liabilities and stockholders deficit$40$1,053  The accompanying notes are an integral part of these unaudited financial statements            2   Radiant Oil & Gas, Inc. (formerly known as G/O Business Solutions)  (A Development Stage Company) STATEMENTS OF EXPENSES (Unaudited)    Three Months
Ended
June 30, 2010Three Months
Ended
June 30, 2009Six Months
Ended
June 30, 2010Six Months
Ended
June 30, 2009From inception of the development stage on August 15, 2006, through June 30, 2010General and Administrative Expenses$120,939$7,554$201,073$41,636$505,155Loss From Continuing Operations(120,939)(7,554)(201,073)(41,636)(505,155)Interest Expense(1,092)(2,116)(3,677)(3,962)(18,154)Loss Before Discontinued Operations(122,031)(9,670)(204,750)(45,598)(519,309)Loss From Discontinued Operations----(92,824)Loss Before Minority Interest(122,031)(9,670)(204,750)(45,598)(612,133)Minority Interest---3,086Net Loss$(122,031)$(9,670)$(204,750)$(45,598)$(609,047)Basic and Diluted:Loss From Continuing Operations$(0.03)$(0.00)$(0.04)$(0.01)Loss From Discontinued Operations$(0.00)$(0.00)$(0.00)$(0.00)Net Loss Per Common Share$(0.03)$(0.00)$(0.04)$(0.01)Basic and Diluted Weighted Average  Common Shares4,695,1324,440,1874,691,4034,224,027     The accompanying notes are an integral part of these unaudited financial statements          3   Radiant Oil & Gas, Inc. (formerly known as G/O Business Solutions)  (A Development Stage Company) STATEMENTS OF CASH FLOWS (Unaudited)


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|----------------------------------------------------------------------- |  | ------------------------------ | --------- |  | ------------------------------ | - | -------- | --------------------------------------------------------------------------------- |  | - | --------- |  | 
|                                                                        |  | Six Months
Ended
June 30, 2010 |           |  | Six Months
Ended
June 30, 2009 |   |          | From inception of
the development
stage on
August 15, 2006,
through
June 30, 2010
|Cash flows from operating activities:                                   |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Net income (loss)                                                       |  | $                              | (204,750) |  |                                | $ | (45,598) |                                                                                   |  | $ | (609,047)
|Net income (loss) from discontinued operations and minority interest    |  |                                | -         |  |                                |   | -        |                                                                                   |  |   | 89,738   
|Net loss from continuing operations                                     |  |                                | (204,750) |  |                                |   | (45,598) |                                                                                   |  |   | (519,309)
|                                                                        |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Adjustments to reconcile net loss to cash used in operating activities: |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Stock issued for services                                               |  |                                | 27,000    |  |                                |   | 22,500   |                                                                                   |  |   | 228,000  
|Changes in operating liabilities:                                       |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Accounts payable and accrued expenses                                   |  |                                | 146,737   |  |                                |   | 2,936    |                                                                                   |  |   | 194,864  
|Net Cash used in  continuing operations                                 |  |                                | (31,013)  |  |                                |   | (20,162) |                                                                                   |  |   | (96,445) 
|Net cash provided by (used in) discontinued operations                  |  |                                | -         |  |                                |   | -        |                                                                                   |  |   | (116,529 
|Net cash used in operating activities                                   |  |                                | (31,013)  |  |                                |   | (20,162) |                                                                                   |  |   | (212,974 
|                                                                        |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Cash flows from investing activities:                                   |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Net cash provided by investing activities from continuing operations    |  |                                | -         |  |                                |   | -        |                                                                                   |  |   | -        
|Net cash provided by investing activities from discontinued operations  |  |                                | -         |  |                                |   | -        |                                                                                   |  |   | 7,260    
|Net cash provided by investing activities                               |  |                                | -         |  |                                |   | -        |                                                                                   |  |   | 7,260    
|                                                                        |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Cash flows from financing activities :                                  |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Advances from stockholders                                              |  |                                | 22,000    |  |                                |   | 15,000   |                                                                                   |  |   | 82,254   
|Stock issued for cash                                                   |  |                                | 8,000     |  |                                |   |          |                                                                                   |  |   | 8,000    
|Net cash provided by financing activities from continuing operations    |  |                                | -         |  |                                |   | -        |                                                                                   |  |   | 90,254   
|Net cash provided by financing activities from discontinued operations  |  |                                | -         |  |                                |   | -        |                                                                                   |  |   | 115,000  
|Net cash provided by financing activities                               |  |                                | 30,000    |  |                                |   | 15,000   |                                                                                   |  |   | 205,754  
|                                                                        |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Net Increase (decrease) in Cash                                         |  |                                | (1,013)   |  |                                |   | (5,162)  |                                                                                   |  |   | 40       
|Cash at Beginning of Period                                             |  |                                | 1,053     |  |                                |   | 5,301    |                                                                                   |  |   | -        
|Cash at End of Period                                                   |  | $                              | 40        |  |                                | $ | 139      |                                                                                   |  | $ | 40       
|Cash paid for:                                                          |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Interest                                                                |  | $                              | 11,602    |  |                                | $ | -        |                                                                                   |  | $ | 13,751   
|Income Taxes                                                            |  |                                | -         |  |                                |   | -        |                                                                                   |  |   | -        
|Non-cash investing and financing activities:                            |  |                                |           |  |                                |   |          |                                                                                   |  |   |          
|Debt & interest converted to stock                                      |  | $                              | 108,504   |  |                                | $ | -        |                                                                                   |  | $ | 108,504   | 
|Disposition of Waterbury                                                |  | $                              | -         |  |                                | $ | -        |                                                                                   |  | $ | 688,847   | 

The accompanying notes are an integral part of these unaudited financial statements.   4   Radiant Oil & Gas, Inc. (formerly known as G/O Business Solutions)  (A Development Stage Company)  Notes to Financial Statements (unaudited)     NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION  On March 30, 2010, the Company changed its name from G/O Business Solutions, Inc. to Radiant Oil & Gas, Inc.  On April 15, 2010, the Company initiated a 5-for-1 reverse split of its common stock. The accompanying unaudited financial statements account for the reverse split.  The accompanying unaudited interim financial statements of Radiant Oil & Gas, Inc. have been prepared in accordance with the accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in Radiant's latest Annual Report filed with the SEC on Form 10-K. 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 that would substantially duplicate the disclosures contained in the audited financial statements for the most recent year, 2009, as reported in Form 10-K, have been omitted. Operating results for the three months ended June 30, 2010 are not necessarily indicative of the results that may be expected for the year ending December 31, 2010.  NOTE 2 - GOING CONCERN  As shown in the accompanying financial statements, Radiant incurred a net loss of for the six months ended June 30, 2010 and had a working capital deficit of as of June 30, 2010. In addition, Radiant ceased generating revenues and all operations in August 2007.  These conditions raise substantial doubt as to Radiants ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if Radiant is unable to continue as a going concern.  NOTE 3 - ADVANCES FROM STOCKHOLDERS  Stockholders of Radiant have advanced funds to cover settlement of obligations and ongoing administrative expenses. The advances bear interest at a rate of 8 % per annum.  Total advances amounted to $31,385 and related accrued interest amounted to $18,561 as of June 30, 2010.   All but $7,000 of the total advances are past due as of the date of this Report.  NOTE 4 - COMMON STOCK  On January 15, 2010, Radiant issued 45,000 common shares to its President for services provided. The shares were valued at $27,000 in total based upon the closing price of Radiant shares on the date of grant.  On April 15, 2010 Radiant issued 500,000 common shares to a Director and his affiliates, collectively the majority shareholder of Radiant, in exchange for $8,000 cash and the settlement of $108,504 principal and interest due to the respective parties.  NOTE 5 - RELATED PARTY TRANSACTIONS  Radiant uses office space provided by its President at no charge, as the related expense is immaterial.  Beginning in January 2008, Radiant receives bookkeeping services from a company that is partially owned by its President. During the six months ended June 30, 2010, Radiant had paid the related party a total of $2,250 for bookkeeping services received.     5   ITEM 2.    MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.  Forward-looking Statements  Statements made in this Quarterly Report which are not purely historical are forward-looking statements with respect to the goals, plan objectives, intentions, expectations, financial condition, results of operations, future performance and business of our Company, including, without limitation, (i) our ability to raise capital, and (ii) statements preceded by, followed by or that include the words may, would, could, should, expects, projects, anticipates, believes, estimates, plans, intends, targets or similar expressions.  Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our Companys control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following, general economic or industry conditions, nationally and/or in the communities in which our Company conducts business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our ability to raise capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, other economic, competitive, governmental, regulatory and technical factors affecting our Companys operations, products, services and prices.  Accordingly, results actually achieved may differ materially from expected results in these statements. Forward-looking statements speak only as of the date they are made. Our Company does not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of such statements.  Results of Operations  In April 2010, the Company entered into a reorganization agreement with an entity and its shareholders, in which the Company would acquire all of the capital stock of the entity and the shareholders of the entity would become the majority shareholders of the Company. The closing was conditioned upon certain conditions being satisfied on or prior to June 30, 2010, which conditions was not met. Accordingly, the reorganization agreement terminated. The Company incurred significant expenses in pursuing this terminated transaction.  During the six months ended June 30, 2010 and 2009, our Company had net losses of $204,750 and $45,598 respectively.     Our Company ceased generating revenues and all operations in August 2007.  Consequently, the operations of the Companys business prior to August 2007 have been presented as discontinued operations.  Plan of Operation  Management's plans to maintain the long-term financial viability of our Company are to identify another entity in an attempt to consummate an acquisition or merger agreement. Management believes its plans will provide us with the wherewithal to continue in existence. In the interim, management is committed to meeting our operating expenses.  Liquidity  As of June 30, 2010, we had $40 in cash.   In August 2007, our Company ceased providing business development services and has generated no revenues since that time.  We do not anticipate generating any revenues in the foreseeable future.  During the six months ended June 30, 2010, the Company borrowed a total of $22,000 from John Thomas Bridge and Opportunity Fund, LLP, its majority shareholder.  The Company used these funds to pay expenses.  During the next twelve months, our Company's only foreseeable cash requirements will relate to maintaining our good standing in the State of Colorado. Our Company does not have any cash reserves to pay for our administrative expenses for the next 12 months. In the event that additional funding is required in order to keep our Company in good standing, we may attempt to raise such funding through additional loans or a private placement of our common stock to "accredited investors" or "sophisticated investors."  At the present time, management has no plans to offer or sell any securities of our Company for this purpose. However, at such time as our Company may decide to engage in such activities, management may use any legal means of conducting such offer or sale, including registration with the appropriate federal and state regulatory agencies and any registration exemptions that may be available to our Company under applicable federal and state laws, including sales exempt under Regulation S.   6   Item 3.  Quantitative and Qualitative Disclosures About Market Risk.  Not required.    Item 4T. Controls and Procedures.  (a)Evaluation of Disclosure Controls and Procedures.  As of the end of the period covered by this Quarterly Report, we carried out an evaluation, under the supervision and with the participation of our President and Treasurer, of the effectiveness of the design and operation of our disclosure controls and procedures. Based on this evaluation, our President and Treasurer concluded that our disclosure controls and procedures were effective at ensuring that information required to be disclosed or filed by us is recorded, processed, summarized and reported, within the time periods specified in the rules and forms of the Securities and Exchange Commission.  Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Securities Exchange Act of 1934, as amended (the Act) is accumulated and communicated to the issuers management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. It should be noted that the design of any system of controls is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions, regardless of how remote.  (b)Changes in Internal Control Over Financial Reporting.  Our management has concluded there were no significant changes during our last fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.    7   PART II - OTHER INFORMATION   Item 1. Legal Proceedings.  None; not applicable.  Item 1A. Risk Factors.  Not required.   Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.  On January 16, 2010, Radiant issued 45,000 shares of common stock to its President, Brian E. Rodriguez, for services provided. The shares were valued at $27,000 in total based upon the closing price of Radiant shares on the date of grant.  We believe that the issuance of these shares was exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act), pursuant to Section 4(2) of the Securities Act and Rule 506 of Regulation D of the Securities and Exchange Commission.  We believe that Mr. Rodriguez is an accredited investor as defined in Rule 501 of Regulation D due to his status as a director and executive officer of the Company.  On April 15, 2010 Radiant issued 500,000 shares of common stock to a Director and his affiliates, collectively the majority shareholder of Radiant, in exchange for $8,000 cash and the settlement of $108,504 principal and interest due to the respective parties.  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.   On April 20, 2010, the Company appointed George R. Jarkesy, Jr. to serve as a member of its Board of Directors.   Mr. Jarkesy manages the John Thomas Bridge &Opportunity Fund LP, the Companys majority shareholder.  Item 6. Exhibits.   Exhibit No.  Identification of Exhibit  31.1Certification Pursuant to Section 302 of the Sarbanes-Oxley Act provided by Brian E. Rodriguez, Director, President and Treasurer.32.1Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 provided by Brian E. Rodriguez, Director, President and Treasurer        8   SIGNATURES  Pursuant to accordance with 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   RADIANT OIL & GAS, INC.    Date:July 28, 2010By:/s/Brian E. RodriguezBrian E. Rodriguez, President, Treasurer, and Director          9