1

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                        RELIANT HOME WARRANTY CORPORATION

                                   FORM 10-QSB
(Mark One)

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

                    For the quarter ended September 30, 2006
                                -----------------

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

            For the transition period from __________ to ____________

                        Commission files number 000-29827
                                    ---------

                        RELIANT HOME WARRANTY CORPORATION
                                -----------------
        (Exact name of small business issuer as specified in its charter)

         Florida                                          65-0656668
-------------------------------                     -----------------------
(State or other jurisdiction of                          (IRS Employer
incorporation or organization)                         Identification No.)


                            Suite 250, 350 Bay Street
                            Toronto, Ontario M5H 2S6
                      ------------------------------------
                    (Address of principal executive offices)

                                  416 445-9500
                     ---------------------------------------
                           (Issuer's telephone number)

                       APPICABLE ONLY TO CORPORATE ISSUERS

                     STATE THE NUMBER OF SHARES OUTSTANDING
               OF EACH OF THE ISSUER'S CLASSES OF COMMON EQUITY,
         AS OF THE LATEST PRACTICABLE DATE: November 14, 2006-86,019,782

                           ---------------------------


<PAGE>

                                TABLE OF CONTENTS


                                                                          Page
                                                                          ----
PART I                                                                      3
Item 1. Financial Statements                                                3
Item 2. Management's Discussion and Analysis or Plan of Operation          14
Item 3 Controls and Procedures                                             21
PART II                                                                    22
Item 1. Legal Proceedings                                                  22
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds        22
Item 3. Defaults Upon Senior Securities                                    22
Item 4. Submission of Matters to a Vote of Security Holders                22
Item 5. Other Information                                                  22
Item 6. Exhibits                                                           22



                                      -2-
<PAGE>


                         PART I - FINANCIAL INFORMATION

Item 1      Financial Statements
<TABLE>
<CAPTION>

Reliant Home Warranty Corporation
(Formerly Dialex Minerals Inc.)
(A Development Stage Company)
Consolidated Balance Sheets
prepared by management
                                                                 As of            As of
                                                              September 30     December 31
                                                                 2006             2005
                                                             -------------    -------------
                                                               (UNAUDITED)      (AUDITED)

Assets

Current assets
<S>                                                          <C>              <C>
     Cash                                                    $     749,708    $        --
    Prepaid expenses                                                 1,076             --
     Accounts receivable                                             9,239             --
                                                             -------------    -------------
Total current assets                                               760,023             --
     Other assets                                                    6,474            5,159
                                                             -------------    -------------
Total assets                                                 $     766,497    $       5,159
                                                             -------------    -------------

          Liabilities and Shareholders' Equity (Deficit)
Current liabilities
     Accounts payable                                        $     184,945    $      87,015
     Credit line payable (Note 3)                                1,056,768             --
     Loan payable  (Note 5)                                      1,037,500             --
     Due to related parties (Note 4)                               334,867           74,516
                                                             -------------    -------------
Total current liabilities                                        2,614,080          161,531


Commitments & contingencies
                  Shareholders' Equity (Deficit)
    Common stock (note 3)
           $0.001 par value; 200,000,000 shares authorized
         86,019,782 (2005-78,019,782) issued and
         outstanding                                                86,020           78,020
     Additional paid-in capital                                  2,150,846          718,846

     Common stock purchase warrants                              4,299,266             --
     Accumulated deficit during the development stage           (8,382,642)        (947,207)
     Accumulated other comprehensive loss                           (1,073)          (6,031)
                                                             -------------    -------------
Total shareholders' equity (deficit)                            (1,847,583)        (156,372)
                                                             -------------    -------------

Total liabilities and shareholders' equity                   $     766,497    $       5,159
                                                             =============    =============
</TABLE>

    The accompanying notes are an integral part of these financial statements


                                      -3-
<PAGE>
<TABLE>
<CAPTION>

Reliant Home Warranty Corporation
(Formerly Dialex Minerals Inc.)
Consolidated Statements of Shareholders' Equity
For the periods from January 21, 2004 (date of inception)  through September 30,
2006 (Prepared by management)

                                                                                    Common   Accumulated   Accumulated
                                                                      Additional    stock       other    deficit during    Total
                                                   Common Stock        paid-in     purchase comprehensive development  shareholders'
                                             shares      par value     capital     warrants      loss        stage       (deficit)
                                           -----------  -----------  -----------  ---------- -----------   -----------  -----------
<S>                            <C>           <C>        <C>          <C>          <C>        <C>           <C>          <C>
Balance January 21, 2004
     (date of inception) (Note 3)            2,019,782  $     2,020  $    12,955  $     --   $      --     $      --    $    14,975
                                           ===========  ===========  ===========  ========== ===========   ===========  ===========
     Foreign currency translation                 --           --           --          --          (696)         --           (696)
     Net loss 2004                              (8,455)      (8,455)
                                           -----------  -----------  -----------  ---------- -----------   -----------  -----------
Balance  December 31, 2004                   2,019,782        2,020       12,955        --          (696)       (8,455)       5,824
                                           ===========  ===========  ===========  ========== ===========   ===========  ===========
     Shares issued for acquisition of
     1604494 Ontario Inc                    76,000,000       76,000      705,891        --          --            --        781,891
     Foreign currency translation                 --           --           --          --        (5,335)         --         (5,335)
     Net loss 2005                                --           --           --          --          --        (938,752)    (938,752)
                                           -----------  -----------  -----------  ---------- -----------   -----------  -----------
Balance December 31, 2005                   78,019,782       78,020      718,846        --         6,031)     (947,207)    (156,372)
                                           ===========  ===========  ===========  ========== ===========   ===========  ===========
     Shares issued for consulting services   8,000,000        8,000    1,432,000        --          --            --      1,440,000
     Foreign currency translation                4,958        4,958
     Issuance warrants to Laurus fund             --           --           --     4,299,266        --            --      4,299,266

     Net loss  for nine months 2006               --           --           --          --          --      (7,435,435)  (7,435,435)

                                           -----------  -----------  -----------  ---------- -----------   -----------  -----------
Balance September 30, 2006                  86,019,782  $    86,020  $ 2,150,846  $4,299,266 $    (1,073)  $(8,382,642) $(1,847,583)
                                           ===========  =========== ===========   ========== ===========   ===========  ===========


                            The accompanying notes are an integral part of these financial statements



</TABLE>
                                                               -4-
<PAGE>

<TABLE>
<CAPTION>

Reliant Home Warranty Corporation
(Formerly Dialex Minerals Inc.)
Consolidated Statements of Operations
Periods ended  September 30, 2006 and 2005 and cumulative  from January 21, 2004
(date of inception) through September 30, 2006 (Prepared by management)
                                                                                                         Cumulative for the
                                                                                                         period Jan 21,2004
                                               Three months ended Sep 30       Nine months ended Sep 30  (date of inception)
                                                                                                            through Sep 30
                                                 2006            2005            2006            2005            2006
                                             ------------    ------------    ------------    ------------    ------------
<S>                                          <C>             <C>             <C>             <C>             <C>
REVENUE                                      $       --      $       --      $       --      $       --      $       --

Operating Expenses:

     Wages & salaries                             135,495            --           151,632            --      $    151,632
     Professional fees                            127,690             400         190,766          28,280         231,320
     Consulting fees                              151,067             580       1,612,343          11,502       1,684,407

     Amortization of loan cost (Note 3)         5,207,256            --         5,356,034            --         5,356,034
     General & administrative expenses             50,104          10,564          63,974          28,977          88,563
                                             ------------    ------------    ------------    ------------    ------------
Total operating expenses                        5,671,612          11,544       7,374,749          68,759       7,511,956
                                             ------------    ------------    ------------    ------------    ------------

Loss from operations                           (5,671,612)        (11,544)     (7,374,749)        (68,759)     (7,511,956)
Interest expenses                                 (54,197)           --           (60,686)           --           (60,686)
Discontinued operations                              --              --              --          (810,000)       (810,000)
                                             ------------    ------------    ------------    ------------    ------------

Loss before income taxes                       (5,725,809)        (11,544)      7,435,435)       (878,759)     (8,382,642)
Provision for income taxes                           --              --              --              --              --
                                             ------------    ------------    ------------    ------------    ------------
Net loss                                       (5,725,809)        (11,544)     (7,435,435)       (878,759)     (8,382,642)

Foreign currency translation adjustment             4,639            --             4,958            --            (1,073)
                                             ------------    ------------    ------------    ------------    ------------

Total comprehensive loss                     $ (5,721,170)   $    (11,544)   $ (7,430,477)   $   (878,759)   $ (8,383,275)
                                             ------------    ------------    ------------    ------------    ------------

Net loss
     Per common share-basic                  $      (0.07)   $      (0.00)   $      (0.09)   $      (0.01)

     Per common share diluted                $      (0.07)   $      (0.00)   $      (0.09)   $      (0.01)

Weighted Average number of shares
     outstanding during the period basic       86,019,782      78,019,944      84,290,844      60,737,802

     outstanding during the period diluted     86,019,782      78,019,944      84,290,844      60,737,802



                          The accompanying notes are an integral part of these financial statements


</TABLE>
                                                                 -5-
<PAGE>

<TABLE>
<CAPTION>

Reliant Home Warranty Corporation
(Formerly Dialex Minerals Inc.)
(A Development Stage Company)
Consolidated Statements Cash Flows
Periods Ended Sep 30, 2006 and 2005 and  cumulative  from January 21, 2004 (date
of inception) through Sep 30,2006 (Prepared by management)
                                                                                           Cumulative from
                                                                                             Jan 21,2004
                                                                                          (date of inception)
                                                             Nine Months ended Sep 30       through Sep 30
                                                              2006             2005             2006
                                                          -------------    -------------    -------------
<S>                                                       <C>              <C>              <C>
Cash Flows from Operating Activities
Net loss                                                  $  (7,435,435)   $    (878,759)   $  (8,382,642)
Adjustments to reconcile net loss to net cash (used in)
 provided by operating activities:
Amortization                                                  5,356,034             --          5,356,034
Issuance shares for consulting fee                            1,440,000             --          1,440,000
Discontinued operations                                            --            810,000          810,000
Change in  working capital accounts:                               --               --               --
Accounts payable                                                 97,930           21,084          171,811
Prepaid expenses                                                 (1,076)            --             (1,076)
Accounts receivable                                              (9,239)            --             (9,239)
Other assets                                                     (1,315)           4,932           (6,474)
                                                          -------------    -------------    -------------
Net cash used in operating activities                          (553,101)         (42,743)        (621,586)
                                                          -------------    -------------    -------------

Cash Flow From Financing Activities
Proceed from loan                                             1,037,500             --          1,037,500
Proceeds from credit line                                     1,056,768             --          1,056,768
Payment of loan costs cash portion                           (1,056,768)            --         (1,056,768)
Proceeds from related company debt                              260,351           50,484          334,867
                                                          -------------    -------------    -------------
                                                              1,297,851           50,484        1,372,367
                                                          -------------    -------------    -------------

Net Increase in Cash                                            744,750            7,741          750,781
Foreign exchange on Cash balances                                 4,958             --             (1,073)
                                                          -------------    -------------    -------------
                                                                749,708            7,741          749,708
Cash - beginning period                                            --               --               --
                                                          -------------    -------------    -------------
Cash-end of period                                        $     749,708    $       7,741    $     749,708
                                                          -------------    -------------    -------------

Noncash activities
Stock warrants issued for loan costs                      $    4,299,266   $        --      $   4,299,266

Supplemental disclosures:
     Interest paid                                               60,686             --             60,686
     Income tax paid                                               --               --               --



                 The accompanying notes are an integral part of these financial statements

</TABLE>

                                                    -6-
<PAGE>



Reliant Home Warranty Corporation
(Formerly Dialex Minerals Inc.)
(A Development Stage Company)
Notes to financial statements
September 30, 2006

1.   Organization and Development Stage Activities

     Organization

     Reliant Home  Warranty  Corporation  formerly  Dialex  Minerals  Inc,  (the
     "Company") was  incorporated  in the State of Florida on December 18, 1995,
     under the trade name of Ronden Vending Corp. On March 24, 2005, the Company
     entered into a stock exchange agreement with BSA Group Limited, in trust as
     trustee for the stockholders of 1604494 Ontario Inc, an Ontario Corporation
     incorporated  on January  21,  2004.  Under  this  agreement,  the  Company
     exchanged  76,000,000  common shares for 100% of the issued and outstanding
     stocks of  1604494  Ontario  Inc.  As a result of the stock  exchange,  the
     Company  obtained  control over 1604494 Ontario Inc. Legally the Company is
     the  parent of  1604494  Ontario  Inc.,  however,  as a result of the stock
     exchange,  control of the combined  companies passed to the stockholders of
     1604494  Ontario Inc.,  which for  accounting  purposes is deemed to be the
     acquirer under reverse merger.  As such, the financial  statements  present
     the  financial  position  as of  September  30,  2006,  and  2005,  and the
     operations  for the three and nine periods ended  September  30, 2006,  and
     2005,  and for  the  period  from  inception  (January  21,  2004)  through
     September 30, 2006, of 1604494  Ontario Inc. under the name of the Company.
     The reverse merger has been recorded as a recapitalization  of the Company,
     with the net assets of the 1604494  Ontario  Inc.  and the Company  brought
     forward at their  historical  basis.  The costs associated with the reverse
     merger have been expensed as incurred.

     Development Stage Activities

     Upon  completion of the reverse  merger,  the Company changed the nature of
     its  business  and now offers a  proprietary  line of Home  Value  Warranty
     Programs,  designed  for sale to  purchasers  of  residential  real  estate
     (single family homes and condominiums).

                                      -7-
<PAGE>

2.   Summary of Significant Accounting Policies

     a)     Basis of Financial Statement Presentation

     The  accompanying  unaudited  consolidated  financial  statements have been
     prepared in accordance with accounting principles generally accepted in the
     United  States of America for interim  financial  information  and with the
     instructions  to Form 10-QSB.  Accordingly,  they do not include all of the
     information  and  footnotes  required by  accounting  principles  generally
     accepted in the United States of America for complete financial statements.
     In the  opinion  of  management,  all  adjustments  (consisting  of  normal
     recurring accruals)  considered necessary for a fair presentation have been
     included.  Interim  results are not  necessarily  indicative of the results
     that may be expected for a full year. These financial  statements should be
     read in conjunction with the audited consolidated  financial statements and
     notes thereto  included in the Company's  Annual Report to  Stockholders on
     Form 10-KSB for the fiscal year ended  December 31, 2005, as filed with the
     Securities and Exchange Commission.

     b)    Unit of Measurement

     The United  States  currency  is being used as the unit of  measurement  in
     these consolidated financial statements.

     c)    Cash and Cash Equivalents

     Cash and cash  equivalents  consist of cash on hand and cash deposited with
     financial  institutions,  including money market  accounts,  and commercial
     paper purchased with an original maturity of three months or less.

      d)    Revenue Recognition

     Revenue for warranty contracts will be deferred and recognized in income on
     a  straight   line  basis  over  the  contract   period   except  in  those
     circumstances in which sufficient  historical  evidence  indicates that the
     cost of performing services under the contract are incurred on other than a
     straight  line basis.  In those  circumstances,  revenue will be recognized
     over the contract period in proportion to the costs expected to be incurred
     in  performing  services  under the  contract.  Losses  are  recognized  on
     warranty contracts if the sum of expected costs of providing services under
     the contracts exceeds the related unearned revenue.

     e)    Use of Estimates

     Preparation  of  financial   statements  in  accordance   with   accounting
     principles  generally  accepted  in the United  States of America  requires
     management  to make  estimates  and  assumptions  that  affect the  amounts
     reported  in the  financial  statements  and  related  notes  to  financial
     statements.  These  estimates are based on  management's  best knowledge of
     current events and actions the Company may undertake in the future.  Actual


                                      -8-
<PAGE>

     results may ultimately differ from estimates,  although management does not
     believe such changes will materially affect the financial statements in any
     individual year.

     f)    Fair Value of Financial Instruments

     The carrying amounts reported in the accompanying  financial statements for
     current assets and current  liabilities  approximate fair values because of
     the immediate or short-term maturities of the financial instruments.

     g)    Earnings per Share

     Basic earnings per share ("EPS") is computed by dividing earnings available
     to common  shareholders  by the weighted  average  number of common  shares
     outstanding  for the period as  required  by SFAS No.  128,  "Earnings  per
     Shares".  Diluted EPS reflects the potential  dilution of  securities  that
     could share in the earnings.  Potentially dilutive securities for the three
     and nine months ended  September 30, 2006 consist of the 36,128,286  shares
     of common stock under Warrant (see note 3) There were no diluted securities
     for the period prior to 2006.

     h)    Equity Compensation

     The Company  enters into  transactions  in which goods or services  are the
     consideration   received  for  the  issuance  of  equity  instruments.   In
     accordance with SFAS No. 123(R) "Accounting for Stock-Based  Compensation",
     the value of these  transactions  are measured and accounted  for, based on
     the  fair  value  of the  equity  instrument  issued  or the  value  of the
     services,  whichever is more reliably measurable. The services are expensed
     in the periods during which the services are rendered.

     I)    Foreign Currency Translation

     The Company accounts for foreign currency  translation pursuant to SFAS No.
     52, "Foreign Currency  Translation".  The Company's  functional currency is
     the Canadian dollar.  All assets and liabilities are translated into United
     States dollars using the exchange rates  prevailing at the end of the year.
     Revenues and  expenses  are  translated  using the average  exchange  rates
     prevailing   throughout  the  year.  Unrealized  foreign  exchange  amounts
     resulting from  translations  at different  rates according to their nature
     are included in accumulated other  comprehensive  income.  Realized foreign
     currency transaction gains and losses are recognized in operations.

     J)    Comprehensive Income or Loss

     Comprehensive  income  is  presented  in the  statements  of  stockholders'
     equity,  and consists of net loss and unrealized  gains (loss) on available
     for sale marketable  securities;  foreign currency translation  adjustments
     and changes in market  value of future  contracts  that qualify as a hedge;


                                      -9-
<PAGE>

     and negative equity adjustments  recognized in accordance with SFAS No. 87.
     SFAS  No.  130  requires  only  additional  disclosures  in  the  financial
     statements and does not affect the Company's  financial position or results
     of operations.

     k)    Recent Accounting Pronouncements

     In  July  2006,  the  Financial  Accounting  Standards  Board  issued  FASB
     Interpretation  (FIN) No 48 "Accounting  for Uncertainty in Income Taxes" -
     An  Interpretation  of SFAS No 109. FIN 48  clarifies  the  accounting  for
     uncertainty in income taxes recognized in enterprise`s financial statements
     in accordance with SFAS No 109  "Accounting  for Income Taxes.  FIN 48 also
     prescribes  a  recognition  threshold  and  measurement  attribute  for the
     financial  statements  recognition and measurement of tax position taken or
     expected  to be taken  in tax  return.  FIN 48 also  provides  guidance  on
     derecognition,   classification,  interest  and  penalties,  accounting  in
     interim  periods,  disclosure  and  transition.  The provision of FIN 48 is
     effective for fiscal year beginning  after December 15, 2006. We will adopt
     FIN 48 in the  first  quarter  of 2007.  We do not  believe  the  effect of
     adopting FIN 48 will have material impact on our financial statements.

     Recently,  the FASB has been very  active,  issuing a number of  accounting
     pronouncement  with various effective dates.  These  pronouncements,  which
     were not discussed  above,  do not have a material  effect on our financial
     statements.

     l)  Loan Costs


     Loan costs  represent  costs  incurred  to secure the  Company's  revolving
     credit  line.  The  costs are being  amortized  over the 36 months  term of
     credit line on straight line basis

     m)  Reclassifications


     Where necessary,  prior period amounts have been reclassified to conform to
     current period presentation. None of the reclassifications had an effect on
     net loss or shareholders' equity as previously reported

                                      -10-
<PAGE>




3.   Stockholders' Equity and Revolving Note Agreement

     On  February  2,  2005,  the  Company  undertook  a  reverse  split  of its
     outstanding  common  shares on the basis of one new share for  twenty - two
     old shares,  thereby reducing its outstanding common shares from 44,438,768
     to 2,019,782 prior to the acquisition of a subsidiary company.  The reverse
     split has retroactively  been taken into  consideration in the consolidated
     financial statements and in the calculation of earnings per share.

     March 24, 2005, pursuant to stock exchange agreement, the BSA Group Limited
     in trust for the  shareholders of the Company,  acquired control of 1604494
     Ontario Inc. by acquiring from treasury 76,000,000 shares of the Company in
     exchange for all the issued and outstanding shares of 1604494 Ontario Inc.

     On March 1, 2006, the board of directors approved the issuance of 8,000,000
     of its common shares,  in consideration of consulting  service to Harvey E.
     Moss and Leslie N. Moss.


     On June 8, 2006, the Company entered into a Security and Purchase Agreement
     with  Laurus  Master  Fund Ltd.  ("Laurus")  pursuant  to which the Company
     issued to Laurus a Secured Revolving Note in the aggregate principal amount
     of  $25,000,000  and a warrant to purchase up to  36,128,286  shares of the
     Company's  common stock, par value $.001 per share, at a price of $.001 per
     share (the "Warrant").

     As the Company did not have a sufficient number of authorized but un issued
     shares of its Common stock to issue upon the full  exercise of the Warrant,
     it sought  and  obtained  shareholder  and State of Florida  approval  to a
     Certificate  of Amendment to increase  its  authorized  number of shares of
     Common Stock from 100 million  shares to 200 million  shares.  It now has a
     sufficient  number  of  authorized  shares of  Common  Stock to issue  upon
     exercise of the Warrant in full and for other  general  corporate  purposes
     which may arise.


     The  Company  has  agreed to use the  proceeds  of the Note  solely for the
     purposes of funding  certain  mortgage loans to its  customers,  except for
     $900,000 that the Company has paid to Laurus Capital  Management,  LLC, the
     investment  advisor to Laurus,  and  $156,768  that the Company has paid to
     Laurus Capital  Management,  LLC and certain third parties as reimbursement
     for their due diligence and legal fees and expenses  incurred in connection
     with the transaction. These costs, which totaled $1,056,768, and which were
     paid from draws on the credit line, have been capitalized as loan costs The
     outstanding  principal  amount of the Note,  which  totaled  $1,056,768  at
     September 30, 2006, carries an interest rate of prime plus 2%, subject to a
     minimum  rate of 8%.  The  principal  amount of the Note is  payable on the
     maturity date of June 8, 2009, and interest is payable monthly beginning on
     July 8, 2006. The Company may, at its option, prepay the Note by paying the
     holder the  principal  amount,  all  accrued and unpaid  interest  thereon,
     together with a prepayment premium ranging from 3% to 5% of the outstanding


                                      -11-
<PAGE>

     principal  amount,  depending  on the date of the  prepayment.  The Note is
     secured  by  substantially  all  assets of the  Company.  In  addition  the
     76,000,000  shares of Common  stock  issued  by the  Company  with its 2005
     reverse merger have been pledged as security for the Note.

     The Company used the Black-Scholes  option valuation model to calculate the
     "fair value" of the Warrant and the  corresponding  capitalized loan costs.
     The  assumptions  used in the  calculation  are:  expected term of 90 days,
     volatility  of 219.8%,  and  interest  rate of 4.47 and yield of zero.  The
     expected  term is based on the  requirements  of the  Security and Purchase
     Agreement. The expected volatility is based on the historical volatility of
     the  Company's   common  stock  over  a  one  year  period   preceding  the
     transaction.  The  dividend  yield of zero is  based  on the fact  that the
     Company  has never paid cash  dividends  and has no  intention  to pay cash
     dividends.  The risk free interest rate is derived from average US treasure
     rates.

     The following  table  summaries the  capitalized  loan costs:

     Fees paid to Laurus  Capital  Management, LLC                $   915,000
     Fees paid to other third parties (primarily  legal fees)        141,768
     Value of Warrant issued to Laurus                             4,299,266
                                                                  ----------
                                                                   5,356,034
     Accumulated amortization                                     (5,356,034)
                                                                  ----------
     Capitalized loan costs at September 30, 2006                 $     --
                                                                  ----------

     In September  2006, the Company was notified by Laurus that given a changed
     investment  climate,  it did not intend to  proceed  with and  advance  any
     further  monies under the Note and related loan  agreements  it had entered
     into  with  the  Company.  To  that  date it had  advanced  the  amount  of
     $1,056,768 under the loan agreements in payment of its own fees and related
     legal and agency  expenses.  The  Company  and  Laurus  have  entered  into
     negotiations  respecting the resolution of the relationship  created by the
     Security and Purchase Agreement and other loan agreements between them. The
     results  of  these  negotiations  will be  reflected  in the  year end 2006
     financial statements.


     As a result of the decision by Laurus not to proceed with the  transaction,
     the Company wrote-off the balance of the unamortized capitalized loan costs
     in September  2006.  Amortization  expense  including the write-off  charge
     totaled $5,207,256 for the three months ended September 30, 2006


     In August 2006, the Company issued  4,000,000  restricted  common shares in
     consideration  of consulting  fees incurred in connection  with a financing
     transaction  that did not  materialize.  These  shares  in the  opinion  of
     counsel were issued in error are a nullity and  therefore are not reflected
     as part of the Company's outstanding capital

                                      -12-
<PAGE>

4.   Due to Related Parties

     Due  to  related   parties   represents   advances  to  the  Company  by  a
     stockholder/officer  of the  Company  to fund the  working  capital  of the
     Company.  The advances are non-interest bearing and have no fixed terms for
     repayment.

5.   Loan Payable

     In August 2006, the Company  received loan proceeds of $1,037,500 under the
     terms of a loan agreement with its  shareholder  Galaxy  Galleria Inc. This
     agreement was made for the purpose of engaging  Galaxy  Galleria to provide
     structured  financing  to assist the  Company  in  bolstering  its  working
     capital  and  meeting its  ongoing  financial  obligations.  The loan bears
     interest  at a rate of 15.1%  and is  payable  quarterly  in  arrears.  The
     principal is due an July 18, 2007.

6.   Going Concern

     The accompanying financial statements have been prepared in accordance with
     accounting  principles  generally  accepted in the United States of America
     with the assumption that the Company will be able to realize its assets and
     discharge its liabilities in the normal course of business.

     The  Company  has  sustained  net  losses  of  $8,383,642  since  inception
     including  $7,435,435 for the nine months ended  September 30, 2006,  which
     raise  substantial doubt about the Company's ability to continue as a going
     concern. The Company is dependant on successfully  bringing its services to
     market,  achieving future profitable  operations,  and obtaining additional
     sources of financing to sustain its operations, the outcome of which cannot
     be predicted at this time.  Although the Company plans to pursue additional
     financing,  there  can be no  assurance  that the  Company  will be able to
     secure  financing when needed or obtain such on terms  satisfactory  to the
     Company.

     The  accompanying  financial  statements do not include any  adjustments to
     reflect   the   possible   future   effects  on  the   recoverability   and
     classification  of assets or the amounts and  classification of liabilities
     that may result from the possible inability of the Company to continue as a
     going concern.

                                      -13-
<PAGE>


ITEM 2 MANAGEMENT DISCUSSIONS AND ANALYSIS OR PLAN OF OPERATION

As used in this Form 10-QSB,  references  to the  "Company,"  the  "Registrant,"
"we,"  "our" or "us" refer to Reliant  Home  Warranty  Corp.  unless the context
otherwise indicates.

GENERAL
The  following  discussion  is  intended  to provide an  analysis  of  Reliant's
financial  condition and should be read in conjunction  with  Reliant's  audited
financial  statements and the related  footnotes.  The matters discussed in this
section  that is not  historical  or current  facts deal with  potential  future
circumstances and developments. Such forward-looking statements include, but are
not limited to, the development  plans for the Company's  growth,  trends in the
results of the Company's development,  anticipated  development plans, operating
expenses  and  the  Company's   anticipated  capital  requirements  and  capital
resources. The Company's actual results could differ materially from the results
discussed in the forward-looking statements.

DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS
This report includes "forward-looking  statements" within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. For example, statements included in this report regarding our financial
position,   business   strategy  and  other  plans  and  objectives  for  future
operations, and assumptions and predictions about future product demand, supply,
manufacturing,  costs,  marketing  and pricing  factors are all  forward-looking
statements.  When Reliant  uses words like  "intend,"  "anticipate,"  "believe,"
"estimate,"  "plan" or "expect," Reliant is making  forward-looking  statements.
Reliant  believes  that  the  assumptions  and  expectations  reflected  in such
forward-looking  statements are  reasonable,  based on information  available to
Reliant on the date hereof, but Reliant cannot assure you that these assumptions
and expectations will prove to have been correct or that we will take any action
that we may  presently  be planning.  Reliant has  disclosed  certain  important
factors that could cause  Reliant's  actual  results to differ  materially  from
Reliant's current  expectations  elsewhere in this report. You should understand
that forward-looking statements made in this report are necessarily qualified by
these  factors.  Reliant is not  undertaking  to  publicly  update or revise any
forward-looking  statement  if  Reliant  obtains  new  information  or upon  the
occurrence of future events or otherwise.

COMPANY HISTORY
Reliant Home Warranty  Corporation ("the Company") was incorporated in the State
of Florida on December 18, 1995 as Ronden Vending Corp.

On December 24, 1996, the Company  incorporated a wholly owned subsidiary called
Ronden Acquisition,  Inc., a Florida corporation.  Ronden Acquisition,  Inc then
merged with Video Home  Shopping,  Inc., (a Tennessee  corporation),  and Ronden
Acquisition,  Inc. was the  surviving  Florida  Corporation.  Subsequent  to the
merger the Company suspended the network  marketing and distribution  operations
of Video Home Shopping, Inc of Tennessee.

                                      -14-
<PAGE>

On  January  9,  1997,  articles  of merger  were  filed for the  Company as the
surviving  corporation  of a merger  between the  Company  and its wholly  owned
subsidiary Ronden  Acquisition,  Inc. This step completed the forward triangular
merger  between Video Home  Shopping,  Inc.,  Ronden  Acquisition,  Inc. and the
Company.

On January 9, 1997,  articles of amendment  were filed to change the name of the
Company from Ronden Vending Corp to VHS Network,  Inc (VHSN).  On April 9, 1997,
the Company incorporated VHS Acquisition, Inc. as a wholly owned subsidiary.

In April  1997,  the  Company  was  restructured  by way of a reverse  take-over
involving its wholly owned subsidiary, VHS Acquisition, Inc., a Florida company,
and VHS Network,  Inc., a Manitoba and Canadian controlled private  corporation.
On April 12, 2000,  the Company  acquired all the  outstanding  common shares of
China eMall  Corporation,  an Ontario private  company.  This represented a 100%
voting  interest  in China  eMall  Corporation.  The  Company  functioned  as an
e-commerce  company.  On September 5, 2003, the Company divested its interest in
China eMall by selling all the  outstanding  common  shares of China eMall for a
nominal amount ($2.00).

On May 6, 2001, the Company entered into an agreement and plan of reorganization
with Branson Holdings, Inc ("Branson") to acquire all the issued and outstanding
shares of Branson. On July 26, 2001, VHSN terminated its agreement with Branson.

On December 1, 2001, the Company  acquired all the outstanding  common shares of
TrueNet Enterprise Inc., an Ontario private company.  On September 22, 2003, the
Company  changed its name to Dialex  Minerals Inc. and completed a reverse split
of its  issued and  outstanding  common  shares on the basis of ten (10)  common
shares for one (1) new common share.

On February 9, 2004,  the Company  completed  a  transaction  acquiring  all the
outstanding shares of Condor Diamond Corp. an Ontario private company.

On February 2, 2005,  pursuant to a Stock Exchange  Agreement and a registration
statement  filed on Form 14-3 with the Securities and Exchange  Commission,  the
Company  changed its name from Dialex  Minerals  Inc. to Reliant  Home  Warranty
Corporation.  The Company  undertook a reverse split of its  outstanding  common
shares on the basis of one (1) new share for twenty-two  (22) old shares thereby
reducing its outstanding common shares from 44,438,786 to 2,019,945.

On March 16, 2005,  Sandro Sordi in Trust  acquired  control of the Company,  by
acquiring a majority of its issued and outstanding  shares through the execution
of a share purchase agreement with Condor Gold Corp and RTO Zarex Ltd.

Effective  March 23,  2005,  the  former  directors  of the  Company,  Alexander
Stewart, Wallace Stonehouse, Kirk Boyd, Stephen Stewart and Neil Novak, resigned
upon the  appointment  of new directors,  Kevin  Hamilton,  Valeri Guilis,  Boyd
Soussana  and the  Honorable  John  Roberts.  On March 24,  2005,  The BSA Group
Limited  ("BSA"),  in trust for the  shareholders  of 1604494  Ontario  Inc., an


                                      -15-
<PAGE>

ntario  private  company,  acquired  control of the Company by  acquiring  from
treasury  76,000,000 shares of the Company in exchange for all of the issued and
outstanding  shares of  1604494  Ontario  Inc.  The total  amount of issued  and
outstanding shares in the Company as a result increased to 78,019,782.

Coincident with the establishment of its home warranty insurance  business,  the
Company divested all of issued and outstanding  shares, of Condor Diamond Corp.,
the Company's wholly-owned subsidiary, to Condor Gold Corp., in consideration of
the return of any and all liabilities  owing by the Company to Condor Gold Corp.
During 2005 the Company  changed the nature of its  business  and now markets to
Canadian  homeowners a proprietary  line of non-prime  home  mortgage  programs,
designed to compliment mortgages of residential real estate (single family homes
and condominiums).

On April 21, 2005, the Company entered into a letter of intent with Creditorlife
Inc respecting the comprehensive  marketing of the Company's proprietary line of
products.

On May 19, 2005,  the Company  announced to the public,  the media and the trade
the full extent of its new range of its products.

On May 21, 2005, the Company entered into a comprehensive  letter of intent with
Brit Insurance respecting the full reinsurance by Brit of the Company's range of
products.

On June 20, 2005, the Company entered into a comprehensive letter of intent with
Dundee Securities respecting Dundee's acting as the Company's fiscal advisor.

On  August  26,  2005,  the  board of  directors  of the  Company  accepted  the
resignation  of its President and Chairman  Kevin  Hamilton and appointed one of
its existing directors, Boyd Soussana, as its new Chairman and President.

On  January  1,  2006,  the  board of  directors  of the  Company  accepted  the
resignation of its Treasurer and Director, Val Guilis, and appointed Paul Burden
as its Treasurer and Director.

On March 1, 2006, the Company issued 8,000,000 of its common shares to Harvey E.
Moss and Leslie N. Moss in consideration of consulting services rendered by them
to the Company. The 8,000,000  "unrestricted" common shares were issued pursuant
to an S-8  Filing  that the  Company  filed  with the  Securities  and  Exchange
Commission.

On June 8, 2006, the Company entered into a Security and Purchase Agreement (the
"Security  and  Purchase  Agreement")  with Laurus  Master Fund Ltd.  ("Laurus")
pursuant to which the  Company  issued to Laurus a Secured  Revolving  Note (the
"Note") in the  aggregate  principal  amount of $25.0  million  and a warrant to
purchase up to 36,128,286  shares of the Company's common stock, par value $.001
per share, at a price of $.001 per share (the "Warrant").

                                      -16-
<PAGE>

The Company has agreed to use the  proceeds of the Note solely for the  purposes
of funding certain mortgage loans to its customers, except for $900,000 that the
Company has paid to Laurus Capital  Management,  LLC, the investment  advisor to
Laurus,  and approximately  $156,000 that the Company has paid to Laurus Capital
Management,  LLC and  certain  third  parties  as  reimbursement  for  their due
diligence  and  legal  fees  and  expenses   incurred  in  connection  with  the
transaction.

The  principal  amount of the Note  carries an  interest  rate of prime plus 2%,
subject to a minimum rate of 8%. The principal  amount of the Note is payable on
the maturity date of June 8, 2009, and interest is payable monthly  beginning on
July 8, 2006.  The Company  may,  at its  option,  prepay the Note by paying the
holder the principal amount,  all accrued and unpaid interest thereon,  together
with a prepayment  premium  ranging from 3% to 5% of the  outstanding  principal
amount,  depending on the date of the prepayment.  The Note is secured by all of
the Company's assets and the stock of one of the Company's subsidiaries, Reliant
Home Mortgage Canada Inc.

As the Company  did not have a  sufficient  number of  authorized  but  unissued
shares of its common stock to issue upon the full  exercise of the  Warrant,  it
sought and obtained  shareholder and State of Florida  approval to a Certificate
of Amendment to increase  its  authorized  number of shares of common stock from
100 million  shares to 200 million  shares.  It now has a  sufficient  number of
authorized  shares of common stock to issue upon exercise of the Warrant in full
and for other general corporate purposes which may arise.

On June 8, 2006, the Company entered into a Registration  Rights  Agreement with
Laurus.  Pursuant  to this  Agreement  the Company is  preparing a  registration
statement  with the  Securities  and  Exchange  Commission  for the  purpose  of
registering for resale all of the shares of the Company's  common stock issuable
upon exercise of the Warrant.

On July 18, 2006, the Company entered into a loan agreement with its shareholder
Galaxy  Galleria Inc. This agreement was made for the purpose of engaging Galaxy
Galleria Inc. to provide  structured  financing to assist the Company to bolster
its working capital and meeting its ongoing financial obligations. The principle
amount of the loan,  which  totaled  1,037,500 at September  30, 2006, is due on
July 18,  2007.  The loan  bears  interest  at a rate of  15.1%  and is  payable
quarterly in arrears.

In August  2006,  the  Company  issued  4,000,000  restricted  common  shares in
consideration  of  consulting  fees  incurred  in  connection  with a  financing
transaction  that did not  materialize.  These  shares in the opinion of counsel
were issued in error are a nullity and  therefore  are not  reflected as part of
the Company's outstanding capital

                                      -17-
<PAGE>

In  September  2006,  the  Company  was  notified by Laurus that given a changed
investment  climate,  it did not intend to proceed  with and advance any further
monies under the Note and related loan  agreements  it had entered into with the
Company.  To that date it had advanced the amount of  $1,056,768  under the loan
agreements in payment of its own fees and related legal and agency expenses. The
Company and Laurus have entered into  negotiations  respecting the resolution of
the relationship  created by the Security and Purchase  Agreement and other loan
agreements  between them. The results of these negotiations will be reflected in
the year end 2006 financial statements.


RESULTS OF OPERATIONS
Results for the nine months ended September 30, 2006

Revenue  for the nine months  ended  September  30,  2006 was zero.  The Company
continued  to develop  its  proprietary  residential  mortgage  and  residential
mortgage insurance programs,  which it launched during the third quarter of this
fiscal  year and as such has not  generated  any  revenues.  Operating  expenses
increased to  $7,274,749  for the nine month period  ended  September  30, 2006,
compared to $68,759 for the same period in 2005 This  increase was due primarily
to amortization of loan costs related to financing that did not materialize, and
to  wages  and  salaries,   professional  fees,   consulting  fees  and  general
administrative  expenses related to the development of the Company's proprietary
mortgage program.

PLAN OF OPERATIONS
The  Company  has changed the nature of its  business  and now is  preparing  to
operate a fully integrated mortgage and mortgage insurance enterprise.

The Company  used the nine month  period  ending  September  30, 2006 to further
develop,  refine and launch its' proprietary  residential  mortgage and mortgage
insurance  enterprise  throughout Canada. This intensive effort together with an
array of one time legal  accounting,  investment  advisory and development costs
and the amount to  write-off of loan costs  related to  financing  which did not
materialize, resulted in a net loss $7,435,435 during the nine months of 2006.

CHANGES IN SECURITIES
On  September 5, 2003,  the Company  announced  that it would  conduct a reverse
split of its issued and outstanding  shares on the basis of 10 common shares for
one new common  share.  The Company at that date had  37,345,268  common  shares
issued and  outstanding,  after the reverse  split there were  3,734,526  common
shares issued and outstanding.

On  February  9, 2004,  the  Company  issued  34,000,000  common  shares for the
acquisition  of 100% of the  issued  and  outstanding  common  shares  of Condor
Diamond Corp.

                                      -18-
<PAGE>

On March 3, 2004, the Company  authorized the issuance of 6,004,426 shares under
a Form S-8 filing and pursuant to debt settlement agreements totaling $428,875.

On February 2, 2005, Company undertook a reverse split of its outstanding common
shares on the basis of one (1) new share for twenty-two (22) old shares reducing
its outstanding common shares from 44,438,786 to 2,019,782.

On March 24, 2005,  Corporation issued 76,000,000 shares in consideration of the
acquisition  of 100% of the  issued  and  outstanding  common  shares of 1604494
Ontario Inc., an Ontario private company.  This transaction occurred pursuant to
a Stock  Exchange  Agreement,  whereby The BSA Group  Limited , in trust for the
shareholders  of 1604494  Ontario  Limited,  acquired  control of the Company by
acquiring from treasury 76,000,000 shares of the Corporation in exchange for all
of the issued and outstanding shares of 1604494 Ontario Inc. As a result,  three
shareholders  of 1604494  Ontario Inc. had acquired and then owned  ninety-seven
point four percent  (97.4%) of the issued and  outstanding  common shares of the
Company.

Kevin Hamilton acquired beneficial  ownership of 20,085,667 common shares in the
capital of the Company,  through a  corporation,  Galaxy  Galleria  Inc. that he
controls.  This represents 25.7% of the issued and outstanding  common shares of
the Company.  These common shares of the Company were issued to Galaxy  Galleria
Inc.  pursuant to the Stock Exchange  Agreement,  namely one common share of the
Company was issued for each one common share of 1604494 Ontario Inc. acquired.

RS Atlantic  Holdings Inc. a private  company  acquired  ownership of 18,921,220
common  shares in the  capital of the  Company,  which  represents  24.2% of the
issued and outstanding  consolidated common shares of the Company.  These common
shares of the Company  were issued to RS Atlantic  Holdings  Inc pursuant to the
Stock Exchange Agreement,  namely one common share of the Company was issued for
each one common share of 1604494 Ontario Inc acquired.

HS Holdings  Inc. a private  company  acquired  ownership of  18,753,113  common
shares in the capital of the Company,  which  represents 24.0% of the issued and
outstanding  consolidated  common shares of the Company.  These common shares of
the  Company  were  issued to HS Holdings  Inc  pursuant  to the Stock  Exchange
Agreement,  namely one common  share of the Company for each one common share of
1604494 Ontario Inc. acquired. The total amount of issued and outstanding shares
in the Company thereby increased to 78,019,782.

On March 1, 2006, the Company issued 8,000,000 of its common shares to Harvey E.
Moss and Leslie N. Moss in consideration of consulting services rendered by them
to the Company. The 8,000,000  "unrestricted" common shares were issued pursuant
to an S-8  filing  that the  Company  filed  with the  Securities  and  Exchange
Commission.

On June 8, 2006, the Company entered into a Security and Purchase Agreement (the
"Security  and  Purchase  Agreement")  with Laurus  Master Fund Ltd.  ("Laurus")
pursuant to which the  Company  issued to Laurus a Secured  Revolving  Note (the


                                      -19-
<PAGE>

"Note") in the  aggregate  principal  amount of $25.0  million  and a warrant to
purchase up to 36,128,286  shares of the Company's common stock, par value $.001
per share, at a price of $.001 per share (the "Warrant").

The Company has agreed to use the  proceeds of the Note solely for the  purposes
of funding certain mortgage loans to its customers, except for $900,000 that the
Company has paid to Laurus Capital  Management,  LLC, the investment  advisor to
Laurus,  and approximately  $156,000 that the Company has paid to Laurus Capital
Management,  LLC and  certain  third  parties  as  reimbursement  for  their due
diligence  and  legal  fees  and  expenses   incurred  in  connection  with  the
transaction.

The  principal  amount of the Note  carries an  interest  rate of prime plus 2%,
subject to a minimum rate of 8%. The principal  amount of the Note is payable on
the maturity date of June 8, 2009, and interest is payable monthly  beginning on
July 8, 2006.  The Company  may,  at its  option,  prepay the Note by paying the
holder the principal amount,  all accrued and unpaid interest thereon,  together
with a prepayment  premium  ranging from 3% to 5% of the  outstanding  principal
amount,  depending on the date of the prepayment.  The Note is secured by all of
the Company's assets and the stock of one of the Company's subsidiaries, Reliant
Home Mortgage Canada Inc.

As the  Company did not have a  sufficient  number of  authorized  but un issued
shares of its common stock to issue upon the full  exercise of the  Warrant,  it
sought and obtained  shareholder and State of Florida  approval to a Certificate
of Amendment to increase  its  authorized  number of shares of common stock from
100 million  shares to 200 million  shares.  It now has a  sufficient  number of
authorized  shares of common stock to issue shares upon  exercise of the Warrant
in full and for other general corporate purposes which may arise.

On June 8, 2006, the Company entered into a Registration  Rights  Agreement with
Laurus (the  "Registration  Rights  Agreement").  Pursuant to this Agreement the
Company is preparing a  registration  statement with the Securities and Exchange
Commission  for the purpose of  registering  for resale all of the shares of the
Company's common stock issuable upon exercise of the Warrants.

On July 18, 2006, the Company entered into a loan agreement with its shareholder
Galaxy  Galleria Inc. This agreement was made for the purpose of engaging Galaxy
Galleria Inc. to provide  structured  financing to assist the Company to bolster
its working capital and meeting its ongoing financial obligations. The principle
amount of the loan,  which  totaled  1,037,500 at September  30, 2006, is due on
July 18,  2007.  The loan  bears  interest  at a rate of  15.1%  and is  payable
quarterly in arrears.

In August  2006,  the  Company  issued  4,000,000  restricted  common  shares in
consideration  of  consulting  fees  incurred  in  connection  with a  financing
transaction  that did not  materialize.  These  shares in the opinion of counsel
were issued in error are a nullity and  therefore  are not  reflected as part of
the Company's outstanding capital

                                      -20-
<PAGE>

In  September  2006,  the  Company  was  notified by Laurus that given a changed
investment  climate,  it did not intend to proceed  with and advance any further
monies under the Note and related loan  agreements  it had entered into with the
Company.  To that date it had advanced the amount of  $1,056,768  under the loan
agreements in payment of its own fees and related legal and agency expenses. The
Company and Laurus have entered into  negotiations  respecting the resolution of
the relationship  created by the Security and Purchase  Agreement and other loan
agreements  between them. The results of these negotiations will be reflected in
the year end 2006 financial statements.

The  nature  of the  Company's  financial  status  makes  the  Company  lack the
characteristics  of a going  concern.  This is because the  company,  due to its
financial  condition,  may have to seek loans or the sale of its  securities  to
raise cash to meet its cash needs. Reliant is in the process of developing,  and
exploiting its proprietary financial systems and "know how". The Company has not
yet  generated  either  revenue or profit  from its  operations.  Its  continued
existence and its ability to continue as a going concern are dependent  upon its
ability to obtain additional capital to fund its operations

GOALS AND OBJECTIVES
The Company is engaged in marketing  throughout  Canada a series of  proprietary
non-prime   residential  mortgage  products  and  related  residential  mortgage
insurance services.

CASH REQUIREMENTS
The  Company  intends to meet its cash  requirements  through a  combination  of
operational cash flow as well as sales of its securities.

ITEM 3   CONTROLS & PROCEEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES
(a) As of the  end of the  period  covered  by  this  report,  we  conducted  an
evaluation,  under  the  supervision  and with the  participation  of our  Chief
Executive Officer and Chief Financial  Officer;  of our disclosure  controls and
procedures  (as defined in Rule  13a-15(e)  and Rule  15d-15(e)  of the Exchange
Act).  Based  upon  this  evaluation,  our  Chief  Executive  Officer  and Chief
Financial  Officer  concluded  that our  disclosure  controls and procedures are
effective  to ensure  that  information  required to be  disclosed  by us in the
reports that we file or submit  under the  Exchange Act is recorded,  processed,
summarized and reported,  within the time periods  specified in the Commission's
rules and forms.

(b) There have been no significant  changes  (including  corrective actions with
regard to  significant  deficiencies  or material  weaknesses)  in our  internal
controls or in other  factors that could  significantly  affect  these  controls
subsequent to the date of evaluation referenced in paragraph (a) above.

CHANGES IN INTERNAL CONTROLS
There have been no changes in the  Company's  internal  control  over  financial
reporting  during the last  quarterly  period  covered by this  report that have
materially  affected,  or  are  reasonably  likely  to  materially  affect,  the
Company's internal control over financial reporting.


                                      -21-
<PAGE>



PART II                OTHER INFORMATION

ITEM 1      LEGAL PROCEEDING
From time to time,  Reliant  may be  involved as a  plaintiff  or  defendant  in
various legal actions arising in the normal course of business. Reliant does not
anticipate any material liability as a result of such litigation. Reliant is not
aware of any material legal  proceedings that have occurred within the past five
years  concerning  any  director,  director  nominee,  or control  person  which
involved a criminal  conviction,  a pending  criminal  proceeding,  a pending or
concluded administrative or civil proceeding limiting one's participation in the
securities or banking industries,  or a finding of securities or commodities law
violations.

ITEM 2            UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
None

ITEM 3            DEFAULTS UPON SENIOR SECURITIES
None

ITEM 4 SUBMISSION  OF MATTERS TO A VOTE OF SECURITY  HOLDERS There was no matter
submitted  to a vote  of  security  holders  during  the  fiscal  quarter  ended
September 30, 2006.

ITEM 5            OTHER INFORMATION.

CHANGES IN AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING  AND  FINANCIAL
DISCLOSURE  On September 29, 2006,  the Company  filed a current  report on Form
8-KA with the Commission disclosing changes in certifying accountant.

POST PERIOD EVENTS
None

ITEM 6             EXHIBITS

Exhibit No.         Description
-----------         -----------

31.1                Rule   13a-14(a)/15d14(a)    Certifications   of   Principal
                    Executive Officer

31.2                Rule   13a-14(a)/15d14(a)    Certifications   of   Principal
                    Financial and Accounting Officer

32.1                Section 1350 Certifications of Principal Executive Officer

32.2                Section  1350  Certifications  of  Principal  Financial  and
                    Accounting Officer


                                      -22-
<PAGE>


SIGNATURES
--------------------------------------------------------------------------------
In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

                                 RELIANT HOME WARRANTY CORPORATION

Date November 14, 2006           /s/ Boyd Soussana
                                 ---------------------------------
                                 (Signature) Boyd Soussana
                                 Chief Executive Officer


Date November 14, 2006           /s/ Stephen Hamilton
                                 ---------------------------------
                                 (Signature) Stephen Hamilton
                                 Chief Financial Officer


                                      -23-
<PAGE>