**FORM        10-QSB**

|  x | QUARTERLY                  REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE                  ACT OF                  1934  |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| o | TRANSITION                  REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE                  ACT OF                  1934 |
|---|---------------------------------------------------------------------------------------------------------------------------------------------|

**G/O        Business Solutions, Inc.**

**APPLICABLE        ONLY TO ISSUERS INVOLVED IN BANKRUPTCY **

**PROCEEDINGS        DURING THE PRECEDING FIVE YEARS**

**APPLICABLE        ONLY TO CORPORATE ISSUERS**

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**G/O        BUSINESS SOLUTIONS, INC.**

**INDEX**

|                         |                     |                                                                                                                                                                                                                     | **Page                  No.** |
|------------------------------|--------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------|
| **Part                  I**  |                     | Financial                  Information                                                                                                                                                                                   | 3                             |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         | Item                  1. | Financial                  Statements of G/O Business Solutions                                                                                                                                                          | 3                             |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         |                     | Balance                  Sheets dated September 30, 2006 and December 31, 2005                  (Unaudited)                                                                                                              | 4                             |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         |                     | Statements                  of Operations for the Three Months and Nine Months Ended September                  30,                  2006 and 2005 and from inception to September 30, 2006                  (Unaudited) | 5                             |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         |                     | Statements                  of Cash Flows For the Nine Months Ended September 30, 2006 and                  from                  inception to September 30, 2006 (Unaudited)                                            | 6                             |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         |                     | Notes                  to Financial Statements (unaudited)                                                                                                                                                               | 7                             |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         | Item                  2. | Management’s                  Discussion and Analysis                                                                                                                                                              | 8                             |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         | Item                  3. | Controls                  and Procedures                                                                                                                                                                                 | 9                             |
|                         |                     |                                                                                                                                                                                                                     |                          |
| **Part                  II** |                     | Other                  Information                                                                                                                                                                                       | 10                            |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         | Item                  1. | Legal                  Proceedings                                                                                                                                                                                       | 10                            |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         | Item                  2. | Unregistered                  Sales of Equity Securities and Use of Proceeds                                                                                                                                             | 10                            |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         | Item                  3. | Defaults                  Upon Senior Securities                                                                                                                                                                         | 10                            |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         | Item                  4. | Submission                  of Matters to a Vote of Security Holders                                                                                                                                                     | 10                            |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         | Item                  5. | Other                  Information.                                                                                                                                                                                      | 10                            |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         | Item                  6. | Exhibits                                                                                                                                                                                                                 | 10                            |
|                         |                     |                                                                                                                                                                                                                     |                          |
|                         |                     | Signatures                                                                                                                                                                                                               | 11                            |

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**PART        I**

**Item        1. Financial Statements**

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**G/O        Business Solutions, Inc.**

**BALANCE        SHEETS**

|                                                                                                                                   |       | September                  30, |        | December                  31, |       |
|----------------------------------------------------------------------------------------------------------------------------------------|------------|--------------------------------|-------------|-------------------------------|------------|
|                                                                                                                                   |       | 2006                           |        | 2005                          |       |
| **ASSETS**                                                                                                                             |       |                           |        |                          |       |
| Current                  assets:                                                                                                       |       |                           |        |                          |       |
| Due                  from related party                                                                                                |       | $                         | 5,322       |                          | $     | - |   |
|                                                                                                                                   |       |                           |        |                          |       |   |   |
| TOTAL                  ASSETS                                                                                                          |       | $                              | 5,322       |                          | $          | - |   |
|                                                                                                                                   |       |                           |        |                          |       |   |   |
| **LIABILITIES**                                                                                                                        |       |                           |        |                          |       |   |   |
| Accounts                  payable                                                                                                      |       | $                              | 6,351       |                          | $          | 82,389 |   |
| Stock                  payable                                                                                                         |       |                           | 140,200     |                          |       | - |   |
| Accrued                  interest                                                                                                      |       |                           | 8,182       |                          |       | 248,060 |   |
| Notes                  payable                                                                                                         |       |                           | -           |                          |       | 408,500 |   |
| Advances                  from stockholders                                                                                            |       |                           | 34,027      |                          |       | 31,348 |   |
|                                                                                                                                   |       |                           |        |                          |       |   |   |
| TOTAL                  CURRENT LIABILITIES                                                                                             |       |                           | 188,760     |                          |       | 770,297 |   |
|                                                                                                                                   |       |                           |        |                          |       |   |   |
| **STOCKHOLDER’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, 50,000,000 sharesauthorized;                  4,325,193 shares issued and outstanding  |       |                           | 43,252      |                          |       | 43,252 |   |
| Additional                  paid-in capital                                                                                            |       |                           | 3,371,973   |                          |       | 2,683,126 |   |
| Accumulated                  deficit prior to the development stage                                                                    |       |                           | (2,330,609) |                          |       | (2,330,609 | ) |
| Deficit                  accumulated during the development stage                                                                      |       |                           | (1,268,054) |                          |       | (1,166,066 | ) |
| Total                  stockholders’ deficit                                                                                     |       |                           | (183,438)   |                          |       | (770,297) |   |
|                                                                                                                                   |       |                           |        |                          |       |   |   |
| Total                  liabilities and stockholders’ deficit                                                                     |       | $                              | 5,322       |                          | $          | - |   |

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

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**G/O          Business Solutions, Inc.**

**STATEMENTS          OF OPERATIONS**

|                                                         |   | Three                    Months Ended September 30,2006 |      | Three                    Months Ended September 30,2005 |    | Nine                    MonthsEndedSeptember                    30, 2006 |   |  Nine                    MonthsEndedSeptember                    30, 2005 | From                    inception of the development stage on January 1, 1991 through                    September                    30, 2006 |
|--------------------------------------------------------------|--------|---------------------------------------------------------|-----------|---------------------------------------------------------|---------|--------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                         |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |
| REVENUES                                                     |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   | - |   |
|                      Sales                              |   | $                                                  | -         |                                                    | $  | -                                                                        |   | $                                                                         | -                                                                                                                                              |   | $  | - |                      312,965 |
| Cost                    of Sales                             |   |                                                    | -         |                                                    |    | -                                                                        |   |                                                                           | -                                                                                                                                              |   |   | - | 293,956 |
|                                                         |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |
| GROSS                    PROFIT                              |   |                                                    | -         |                                                    |    | -                                                                        |   |                                                                           | -                                                                                                                                              |   |   | - | 19,009 |
|                                                         |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |
| EXPENSES:                                                    |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |
| General                    and administrative expenses       |   |                                                    | 79,195    |                                                    |    | 4,524                                                                    |   |                                                                           | 99,846                                                                                                                                         |   |   | 15,355 | 827,887 |
|                                                         |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |
| NET                    LOSS FROM OPERATIONS                  |   |                                                    | (79,195   | )                                                       |    | (4,524                                                                   | )      |                                                                           | (99,846                                                                                                                                        | ) |   | (15,355) | (808,878) |
|                                                         |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |
| OTHER                    INCOME (EXPENSE):                   |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |
| Write-down                    of goodwill                    |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   | (306,761) |
| Interest                    income                           |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   | 58 |
| Interest                    expense                          |   |                                                    | (720)     |                                                    |    | (9,467)                                                                  |   |                                                                           | (2,142)                                                                                                                                        |   |   | (27,883) | (223,416) |
|                                                         |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |
| NET                    LOSS BEFORE MINORITYINTEREST          |   |                                                    | (79,915)  |                                                    |    | (13,991)                                                                 |   |                                                                           | (101,988)                                                                                                                                      |   |   | (43,238) | (1,338,997) |
|                                                         |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |
| MINORITY                    INTEREST                         |   |                                                    | -         |                                                    |    | -                                                                        |   |                                                                           | -                                                                                                                                              |   |   | -  | 70,943 |
| NET                    (LOSS)                                |   | $                                                       | (79,915)  |                                                    | $       | (13,991)                                                                 |   | $                                                                         | (101,988)                                                                                                                                      |   | $  | (43,238) | (1,268,054) |
|                                                         |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |
| BASIC                    AND DILUTED NET LOSS PER SHARE      |   | $                                                       | (0.02)    |                                                    | $       | (0.00)                                                                   |   | $                                                                              | (0.02)                                                                                                                                         |   | $ | (0.01) |   |
|                                                         |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |
| Basic                    and Diluted Weighted Average Shares |   |                                                    | 4,325,193 |                                                    |    | 4,295,186                                                                |   |                                                                           | 4,325,193                                                                                                                                      |   |   | 4,295,186 |   |
|                                                         |   |                                                    |      |                                                    |    |                                                                     |   |                                                                           |                                                                                                                                           |   |   |   |   |

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

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**G/O          Business Solutions, Inc.**

**STATEMENTS          OF CASH FLOWS**

|                                                                                                      |   | Nine                    Months Ended                    September                    30, 2006 |     | Nine                    Months EndedSeptember                    30, 2005 | From                    inception of the development stage on January 1, 1991 through                    September                    30, 2006 |
|-----------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------|----------|---------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------|
| **Cash                    flows from operating activities:**                                              |   |                                                                                          |     |                                                                      |                                                                                                                                           |
| Net                    loss                                                                               |   | $                                                                                             | (101,988 | )                                                                         | $                                                                                                                                              | (43,238) | (1,268,054) |
| Reconciliation                    of net loss to net cashused                    in operating activities: |   |                                                                                          |     |                                                                      |                                                                                                                                           |   |   |
| Common                    stock issued for services                                                       |   |                                                                                          | 25,200   |                                                                      |                                                                                                                                           |   | 165,500 |
| Amortization                    expense                                                                   |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | 1,280 |
| Minority                    interest                                                                      |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | (53,173) |
| Change                    in operating assets and liabilities:                                            |   |                                                                                          |     |                                                                      |                                                                                                                                           |   |   |
| Prepaid                    expenses                                                                       |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | 1,920 |
| Accounts                    receivable                                                                    |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | (754) |
| Due                    from related party                                                                 |   |                                                                                          | (5,322)  |                                                                      |                                                                                                                                           | - | (5,322) |
| Accounts                    payable                                                                       |   |                                                                                          | 77,289   |                                                                      |                                                                                                                                           | (120) | 171,667 |
| Accrued                    expenses                                                                       |   |                                                                                          | 2,142    |                                                                      |                                                                                                                                           | 27,883 | 279,467 |
| Net                    cash used in operating activities                                                  |   |                                                                                          | (2,679)  |                                                                      |                                                                                                                                           | (15,475) | (707,469) |
|                                                                                                      |   |                                                                                          |     |                                                                      |                                                                                                                                           |   |   |
| **Cash                    flows from investing activities:**                                              |   |                                                                                          |     |                                                                      |                                                                                                                                           |   |   |
| Purchase                    of investments                                                                |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | (69,400) |
| Purchase                    of horses                                                                     |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | (70,700) |
| Net                    cash used in investing activities                                                  |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | (140,100) |
|                                                                                                      |   |                                                                                          |     |                                                                      |                                                                                                                                           |   |   |
| **Cash                    flows from financing activities:**                                              |   |                                                                                          |     |                                                                      |                                                                                                                                           |   |   |
| Advances                    from stockholders                                                             |   |                                                                                          | 2,679    |                                                                      |                                                                                                                                           | 15,000 | 21,554 |
| Disposition                    of cash from Waterbury                                                     |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | (23,025) |
| Proceeds                    from notes payable - related parties                                          |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | 618,500 |
| Payments                    on notes payable - related parties                                            |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | (45,000) |
| Payment                    of dividend                                                                    |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | (6,400) |
| Cash                    from minority stockholders                                                        |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | 101,940 |
| Cash                    from sales of stock                                                               |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - | 180,000 |
| Net                    cash provided by financing activities                                              |   |                                                                                          | 2,679    |                                                                      |                                                                                                                                           | 15,000 | 847,569 |
|                                                                                                      |   |                                                                                          |     |                                                                      |                                                                                                                                           |   |   |
| Net                    Increase (Decrease) In Cash                                                        |   |                                                                                          | -        |                                                                      |                                                                                                                                           | (475) | - |
| Cash                    at Beginning of Period                                                            |   |                                                                                          | -        |                                                                      |                                                                                                                                           | 511 | - |
| Cash                    at End of period                                                                  |   | $                                                                                             | -        |                                                                      | $                                                                                                                                              | 36 | - |
|                                                                                                      |   |                                                                                          |     |                                                                      |                                                                                                                                           |
|                                                                                                      |   |                                                                                          |     |                                                                      |                                                                                                                                           |
| **Cash                    paid for:**                                                                     |   |                                                                                          |     |                                                                      |                                                                                                                                           |
| Interest                                                                                                  |   | $                                                                                             | -        |                                                                      | $                                                                                                                                              | - | $                    1,333 |
| Income                    taxes                                                                           |   |                                                                                          | -        |                                                                      |                                                                                                                                           | - |   |
|                                                                                                      |   |                                                                                          |     |                                                                      |                                                                                                                                           |   |   |
|                                                                                                      |   |                                                                                          |     |                                                                      |                                                                                                                                           |   |   |
| **Non-cash                    investing and financing activities:**                                       |   |                                                                                          |     |                                                                      |                                                                                                                                           |   |   |
| Disposition                    of Waterbury                                                               |   | $                                                                                             | 688,847  |                                                                      | $                                                                                                                                              | - | $                    688,847 |

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

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**G/O          Business Solutions, Inc.**

**NOTE          1 - BASIS OF FINANCIAL STATEMENT PRESENTATION**

**NOTE          2 - DISPOSITION OF WATERBURY**

**NOTE          3 - REORGANIZATION WITH SH CELERA**

| -   | SH                  Celera assumed                  $65,000 of G/O liabilities and agreed to pay G/O $50,000 in                  cash. |
|---------------|----------------------------------------------------------------------------------------------------------------------------------------|
| -   | G/O                  agreed to issue 80% of G/O to SH Celera and G/O assigned its 12.5%                  interest in Waterbury to SH Celera. (17,300,744 shares valued at                  $140,200                  has been recorded as stock payable as of September 30, 2006. The                  excess in the amount of $25,200 between the fair value of these                  shares,                  liabilities assumed and the cash received is been recorded as the                  stock-based compensation to SH Celera) |
|---------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| -   | Both                  companies agreed when G/O raises $2.5 million and G/O goes onto                  AMEX, then                  and only then, SH Celera issues G/O 5% of SH Celera and G/O will                  simultaneously distribute SH Celera shares to G/O                  shareholders. |
|---------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**ITEM          2.**
**MANAGEMENT’S          DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.**

**Plan          of Operation.**

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**Item          3. Controls and Procedures.**

| **(a)  ** | **Evaluation                  of Disclosure Controls and                  Procedures.** |
|---------------------|-----------------------------------------------------------------------------------------|
| **(b)  ** | **Changes                  in Internal Control Over Financial                  Reporting.** |
|---------------------|---------------------------------------------------------------------------------------------|

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**PART          II - OTHER INFORMATION**

**Item          1. Legal Proceedings.**

**Item          2. Unregistered Sales of Equity Securities and Use of Proceeds.**

**Item          3. Defaults Upon Senior Securities.**

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

**Item          5. Other Information.**

**Item          6. Exhibits.**

**Exhibit          No.**
**Identification          of Exhibit**

31
 

| 32 | Certification                    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. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**SIGNATURES**

**G/O          BUSINESS SOLUTIONS, INC.**

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**EXHIBIT          INDEX**

**Exhibit          No.**
**Identification          of Exhibit**

| 3132               | Certification                    Pursuant to Section 302 of the Sarbanes-Oxley Act provided by                    Brian E.                    Rodriguez, Director, President and Treasurer.. Certification                    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. |
|------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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