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

                                   FORM 10-KSB/A

(Mark One)

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

                   For the fiscal year ended December 31, 2005
                                             -----------------

[ ] 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: March 31, 2006 - 86,019,174
                                           ---------------------------

<PAGE>

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.

ITEM 1 DESCRIPTION OF BUSINESS

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.  In 1996, Video Home Shopping,  Inc. operated a
network  marketing  and  distribution  business  which  offered a wide  range of
products and services to consumers through the medium of video tape.  Subsequent
to the merger the Company  suspended  the  network  marketing  and  distribution
operations  of Video  Home  Shopping,  Inc.  of  Tennessee.

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. 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.

                                      -2-
<PAGE>

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 that provided Internet marketing and information  services to
facilitate  trade  between  Chinese and western  businesses  and  consumers.  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
(the  "Agreement") 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 and  prior to the  approval  of the  Stock  Exchange
Agreement,  the former directors of the Corporation,  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,  pursuant to the Stock Exchange
Agreement,  The BSA Group  Limited  ("BSA"),  in trust for the  shareholders  of
1604494  Ontario  Inc.,  an Ontario  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
78,019,945.

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 to mortgages of  residential  real estate  (single family
homes and condominiums).

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

                                      -3-
<PAGE>

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

On May 21st,  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 20th,  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 26th,  2005,  the board of Directors of the  Corporation  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 1st,  2006,  the board of Directors of the  Corporation  accepted the
resignation  of its  Treasurer  and Director,  Val Guilis,  and appointed  Steve
Hamilton as its Treasurer and Director.

OPERATIONS MANAGEMENT DISCUSSION AND ANALYSIS
---------------------------------------------

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

The Company  used the 12 month  period  ending  December  31st,  2005 to further
develop and refine its' proprietary in house computerized  residential  mortgage
documentation and processing  systems.  Work is near completion.  This intensive
effort together with an array of one time legal accounting,  investment advisory
and development costs resulted in a net loss during each of the 4 quarters and a
net loss of $938,752 for 12 month fiscal period 2005 just ended.

Meetings  were held  throughout  2005 with Brit  Insurance to adapt their highly
successful underwriting and risk management business model to the North American
legal  and  residential  mortgage  environment.  The  Company  incorporated  and
organized  its  wholly  owned  insurance  subsidiary  Reliant  Insurance  SCC in
Barbados  during 2005. It is presently  seeking to capitalize the subsidiary and
complete its registration  with Barbadian  authorities.  Launch of the Company's
programs is expected  during the second half of 2006.  First revenue is expected
to be generated at that time.

2005 saw an intensive  effort by a team headed by the Company's  fiscal  agents,
Dundee Securities,  to first design and then commence placement of the Company's
commercial  mortgage  paper in both  Canadian  and European  marketplaces.  This
funding  process  as well as the  structuring  of  underwriting,  marketing  and
administration of the Company's  residential mortgage activities continued apace
during fiscal year 2005.

The Company expanded its administrative staff and relocated its' operational and
executive offices to 350 Bay Street, Toronto.

GOALS AND OBJECTIVES
--------------------

The Company is engaged in marketing a series of proprietary  non-prime  mortgage
suite of products.

CASH REQUIREMENTS
-----------------

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

                                      -4-
<PAGE>

RISK FACTORS
------------

An  investment  in the  Company's  common  stock is  speculative  in nature  and
involves a high degree of risk.  One should  carefully  consider  the  following
risks and the other information contained in this prospectus before investing in
the common stock offered hereby.  The price of the Company's  common stock could
decline  due to any of  these  risks,  and  one  could  lose  all or  part of an
investment.  You also  should  refer to the other  information  included in this
prospectus, including the financial statements and related notes.

If any of the events  described  below were to occur,  the  Company's  business,
prospects,  financial  condition or results of  operations or cash flow could be
materially adversely affected. When it is said that something could or will have
a material adverse effect on it, it means that it could or will have one or more
of these effects.

THE COMPANY HAD OPERATING LOSSES IN THE FISCAL YEARS ENDED DECEMBER 31, 2004 AND
2005 AND FORWARD LOOKING STATEMENTS.

The  Company  had a net  loss  of  $938,752  for the  year  ended  December  31,
2005(2004-8,455), and working capital deficiency of $161,531(2004-($832)).  This
raises doubt as to the  Company's  ability to continue as a going  concern.  Its
operations   are  subject  to  the  risks  and   competition   inherent  in  the
establishment  of a business  enterprise.  There can be no assurance that future
operations  will be  profitable.  The  Company  may  not  achieve  its  business
objectives and the failure to achieve such goals would have an adverse impact on
it.

THE COMPANY WILL NEED TO RAISE ADDITIONAL FUNDS IN THE FUTURE FOR ITS OPERATIONS
AND IF IT IS UNABLE TO SECURE SUCH FINANCING,  IT MAY NOT BE ABLE TO SUPPORT ITS
OPERATIONS.

It will need additional funds to develop its operations.  It may seek additional
capital  through

     o   an offering of its equity securities,
     o   an offering of debt securities, or
     o   by obtaining financing through a bank or other entity.

The  Company has not  established  a limit as to the amount of debt it may incur
and it has not adopted a ratio of its equity to debt  allowance.  If it needs to
obtain additional financing, the financing may not be available from any source,
or may not be  available  on terms  acceptable  to it.  Any future  offering  of
securities  may not be  successful.  The  Company may not be able to continue to
operate if it is unable to obtain additional capital when needed.

THE LOSS OF KEY EMPLOYEES MAY ADVERSELY AFFECT THE COMPANY'S GROWTH OBJECTIVES.

The  Company's  success in  achieving  its growth  objectives  depends  upon the
efforts  of its  senior  management.  Loss  of  the  services  of  any of  these
individuals  may have a  material  adverse  effect  on its  business,  financial
condition and results of  operations.  The Company can give no assurance that it
will be able to maintain and achieve its growth objectives should it lose any or
all of these individuals' services.

                                      -5-
<PAGE>

RELIANT HAS LIMITED EXPERIENCE SELLING OR MARKETING PROGRAMS.

Significant capital expenditures, management resources and time will be required
to establish and develop an in-house  marketing  and sales force with  technical
expertise.  It cannot be  assured  that  Reliant  will be able to  establish  or
maintain  relationships with third party collaborators or develop in-house sales
and  distribution  capabilities.  To the extent  that  Reliant  depends on third
parties for  marketing  and  distribution,  any revenues  Reliant  receives will
depend  upon the  efforts  of such  third  parties,  as well as the terms of its
agreements  with such third parties,  which cannot be predicted at this stage of
development.  There is no assurance  that such efforts  will be  successful.  In
addition,  Reliant  cannot  assure  that it will be able to market  and sell its
programs in the United States or overseas.

DEVELOPMENTS BY COMPETITORS MAY RENDER OUR PRODUCTS OR TECHNOLOGIES  OBSOLETE OR
NON-COMPETITIVE.

Reliant will compete against fully  integrated  insurance  companies and smaller
companies that are collaborating with larger insurance  companies and government
agencies, such as CHMC. In addition, many of these competitors,  either alone or
together with their collaborative partners,  operate larger development programs
or have substantially  greater financial resources than Reliant does, as well as
more experience in:

     o   developing programs;
     o   undertaking pre-launch testing and other trails;
     o   obtaining regulatory approvals;
     o   launching, marketing and selling similar programs.

Large  insurance  companies  pursuing  different  but related  fields  represent
substantial competition.  Many of these organizations have substantially greater
capital  resources,   larger  marketing  staffs,  longer  history  in  obtaining
regulatory  approvals than Reliant does. These  organizations  also compete with
Reliant to attract qualified personnel, parties for acquisitions, joint ventures
or other collaborations.

THE COMPANY  MAY, IN THE FUTURE,  ISSUE  ADDITIONAL  SHARES OF ITS COMMON  STOCK
WHICH  WOULD  REDUCE  INVESTORS  PERCENT OF  OWNERSHIP  AND MAY DILUTE ITS SHARE
VALUE.

The  Company's   Certificate  of   Incorporation   authorizes  the  issuance  of
100,000,000  shares of common stock,  par value $.001 per share,  and 25,000,000
shares of preferred  stock.  The future issuance of all or part of its remaining
authorized common stock may result in substantial  dilution in the percentage of
its common stock held by then existing  shareholders.  The Company may value any
common or  preferred  stock  issued in the  future on an  arbitrary  basis.  The
issuance of common stock for future  services or acquisitions or other corporate
actions  may have the effect of  diluting  the value of the  shares  held by its
investors, and might have an adverse effect on any trading market for its common
stock.
                                      -6-
<PAGE>

SHARES ELIGIBLE FOR FUTURE SALE MAY ADVERSELY AFFECT THE MARKET.

As of December 31, 2005, the Company had  78,019,782  shares of its Common Stock
issued and outstanding,  1,950,000,  of which were free trading.  The balance is
restricted from trading being deemed part of a "Control Block" of the Company.

Rule 144 provides, in essence, that a person holding "restricted securities" for
a period of one year may sell only an amount  every  three  months  equal to the
greater of (a) one percent of a company's issued and outstanding  shares, or (b)
the average weekly volume of sales during the four calendar weeks  preceding the
sale.  The  amount  of  "restricted  securities"  which a  person  who is not an
affiliate of our company may sell is not so limited,  since  non-affiliates  may
sell  without  volume  limitation  their  shares  held for two years if there is
adequate current public information available concerning our company. In such an
event,  "restricted  securities"  would be eligible for sale to the public at an
earlier  date.  The sale in the public market of such shares of Common Stock may
adversely affect  prevailing  market prices of our Common Stock.

As of March 06, 2006, approximately 20,940,000 of the Company's shares of Common
Stock ceased to be deemed "restricted securities" under Rule 144 and became free
trading. As of March 01, 2006, the Company issued an additional 8,000,000 shares
of free  trading  Common Stock to 2 unrelated  parties  pursuant to an S-8 filed
with the Securities and Exchange Commission.

SINCE THE COMPANY HAS NOT PAID ANY  DIVIDENDS  ON ITS COMMON  STOCK AND DOES NOT
INTEND TO DO SO IN THE FORESEEABLE  FUTURE, A PURCHASER OF ITS COMMON STOCK WILL
ONLY REALIZE AN ECONOMIC GAIN ON HIS OR HER INVESTMENT FROM AN APPRECIATION,  IF
ANY, IN THE MARKET PRICE OF THE COMPANY'S COMMON STOCK.

The Company has never paid, and has no intentions in the  foreseeable  future to
pay, any cash dividends on its common stock. Therefore an investor in its common
stock,  in all  likelihood,  will only realize a profit on its investment if the
market price of the Company's common stock increases in value.

THE MARKET PRICE OF RELIANT COMMON STOCK MAY FLUCTUATE SIGNIFICANTLY.

The market  price of  Reliant's  common  stock may  fluctuate  significantly  in
response to factors, some of which are beyond its control, such as:

     o   the  announcement of new programs or program  enhancements by Reliant's
         competitors;
     o   developments concerning regulatory approvals;
     o   variations  in  Reliant's  and   Reliant's   competitors'   results  of
         operations;
     o   changes  in  earnings   estimates  or   recommendations  by  securities
         analysts; and
     o   developments in the general insurance or mortgage industry.

                                      -7-
<PAGE>

Further,  the stock  market,  in general,  and the market for general  insurance
companies,   in   particular,   have   experienced   extreme  price  and  volume
fluctuations.  Continued market  fluctuations could result in extreme volatility
in the price of Reliant's common stock, which could cause a decline in the value
of Reliant's  common stock. One should also be aware that price volatility might
be worse if the trading volume of Reliant's common stock is low. Reliant has not
paid, and do not expect to pay, any cash dividends  because Reliant  anticipates
that any  earnings  generated  from  future  operations  will be used to finance
Reliant's  operations  and as a result,  one will not realize any income from an
investment  in Reliant  common stock until and unless one sells ones shares at a
profit.

TRADING OF RELIANT'S COMMON STOCK IS LIMITED.

Trading  of  Reliant's  common  stock is  currently  conducted  on the  National
Association of Securities Dealers' Over-the-Counter Bulletin Board, or "OTC-BB."
The liquidity or Reliant's securities has been limited, not only in terms of the
number of  securities  that can be bought  and sold at a given  price,  but also
through delays in the timing of transactions and reduction in security analysts;
and the media's coverage of Reliant.

These factors may result in lower prices for  Reliant's  common stock than might
otherwise be obtained and could also result in a larger  spread  between the bid
and asked prices for Reliant's common stock. Currently,  there are approximately
110 holders of record of Reliant's common stock.

THE  APPLICATION  OF THE "PENNY STOCK  REGULATION"  COULD  ADVERSELY  AFFECT THE
MARKET PRICE OF THE COMPANY'S COMMON STOCK

The Company's securities may be deemed a penny stock. Penny stocks generally are
equity  securities  with a  price  of less  than  $5.00  per  share  other  than
securities  registered on certain national securities exchanges or quoted on the
NASDAQ Stock Market,  provided that current  price and volume  information  with
respect to  transactions  in such  securities  is  provided  by the  exchange or
system.  Our  securities  may be  subject to "penny  stock  rules"  that  impose
additional  sales  practice   requirements  on  broker-dealers   who  sell  such
securities to persons other than established  customers and accredited investors
(generally  those with assets in excess of $1,000,000 or annual income exceeding
$200,000 or $300,000  together with their spouse).  For transactions  covered by
these rules, the broker-dealer must make a special suitability determination for
the  purchase of such  securities  and have  received  the  purchaser's  written
consent  to  the  transaction  prior  to the  purchase.  Additionally,  for  any
transaction  involving a penny  stock,  unless  exempt,  the "penny stock rules"
require  the  delivery,  prior  to the  transaction,  of a  disclosure  schedule
prescribed  by  the  Commission   relating  to  the  penny  stock  market.   The
broker-dealer   also  must  disclose  the   commissions   payable  to  both  the
broker-dealer and the registered  representative  and current quotations for the
securities.  Finally,  monthly  statements must be sent disclosing  recent price
information  on the limited  market in penny  stocks.  Consequently,  the "penny
stock rules" may restrict the ability of  broker-dealers  to sell the  Company's
securities and may have the effect of reducing the level of trading  activity of
its common stock in the secondary  market.  The foregoing  required  penny stock
restrictions  will not  apply to the  Company's  securities  if such  securities
maintain a market  price of $5.00 or greater.  The Company can give no assurance
that the price of its securities will reach or maintain such a level.

                                      -8-
<PAGE>

UNCERTAINTY AS TO THE CONTINUATION OF THE COMPANY AS A GOING CONCERN

The  audited  financial  statements  of the  Company  for the fiscal  year ended
December 31, 2005, reflect an accumulated net loss of $944,087. These conditions
raise  substantial  doubt  about the  Company's  ability to  continue as a going
concern if sufficient  additional funding is not acquired or alternative sources
of capital developed to meet the Company's working capital needs.

ITEM 2 DESCRIPTION OF REAL PROPERTY

Reliant does not own any real property.  Reliant  currently  works out of rented
office space  located at Suite 250, 350 Bay Street,  Toronto.  Reliant  believes
that this  arrangement is adequate for its current and  immediately  foreseeable
operating  needs.  Reliant does not have any policies  regarding  investments in
real estate,  securities or other forms of real or personal  property outside of
that required to carry on its business operations.

ITEM 3 LEGAL PROCEEDINGS

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.

ITEM 4 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.

On March 3, 2004,  the Company  authorized  the issuance of 6,004,426 S-8 shares
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 (the "Stock  Exchange  Agreement"),  whereby The BSA
Group Limited ("BSA"), 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 of the date  thereof,  the  Corporation  has a total of
78,019,782 issued and common shares  outstanding.  Therefore the shareholders of


                                      -9-
<PAGE>

1604494 Ontario Inc. have acquired and now own  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  Galaria  Inc.  that he
controls.  This  represents  25.7 % of the issued and  outstanding  consolidated
common shares of the Company.  These common shares of the Company were issued to
Kevin  Hamilton  pursuant  to the Stock  Exchange  Agreement.  The  whereby  the
consideration  used by Kevin  Hamilton  was the  exchange of one common share of
1604494  Ontario  Inc.  for each one common  share of the Company  acquired.  RS
Atlantic Holdings Inc. a private company acquired ownership of 18,921,220 common
shares in the capital of the Company,  the total of which  represents  24.2 % of
the issued and  outstanding  consolidated  common  shares of the  Company.  Such
common shares of the Company were issued to RS Atlantic Holdings Inc pursuant to
the Stock  Exchange  Agreement  whereby  the  consideration  used by RS Atlantic
Holdings Inc was the  exchange of one common  share of 1604494  Ontario Inc. for
each one  common  share of the  Company  acquired.

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

POST PERIOD EVENT

Subsequent to fiscal year end 2005,  namely, on March 01 2006 the Company issued
4,000,000  of its common  shares to each of 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.

SHAREHOLDER VOTE

No matter was submitted to a shareholder vote for the 2005 fiscal year.

ITEM  5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

MARKET INFORMATION

Reliant's  common  stock has been  quoted on the OTC  Bulletin  Board  under the
symbol  "RHWC" since  February 14, 2005,  prior to which,  its  securities  were
traded on the OTC Bulletin Board under the symbol "DLXM".  Prior to which,  they
traded on the National  Quotation Bureau's Pink Sheets. The following table sets
forth the range of high and low bid quotations of the Company's common stock for


                                      -10-
<PAGE>

the periods indicated.  The prices represent inter-dealer  quotations,  which do
not include  retail  markups,  markdowns or  commissions,  and may not represent
actual transactions.

--------------------------------------------
Quarter (1)                                  High $                 Low $
--------------------------------------------

Fiscal Year - 2004
---------------------
First Quarter                                0.020                  0.090
Second Quarter                               0.150                  0.025
Third Quarter                                0.070                  0.025
Fourth Quarter                               0.050                  0.025

Fiscal Year - 2005
---------------------
First Quarter                                0.880                  0.100
Second Quarter                               0.870                  0.100
Third Quarter                                0.570                  0.270
Fourth Quarter                               0.510                  0.210
--------------------------------------------

As of March 31, 2006 Reliant had 86,019,782 of its common stock outstanding. The
number of registered holders of record of common shares was approximately 153

DIVIDENDS

Reliant has never declared or paid a cash dividend on its capital stock. Reliant
intends to retain  future  earnings,  if any,  to finance the  expansion  of its
business  and does not  expect  to  declare  or pay any  cash  dividends  in the
foreseeable future.

RECENT SALES OF UNREGISTERED SECURITIES

During  the  fiscal  year  ended  December  31,  2005,  Reliant  did  not  issue
unregistered  securities.  On March 6, 2006,  Reliant  issued  8,000,000  common
shares  pursuant to S8 of the  Securities  and  Exchange  Act to two (2) parties
"unrelated" to the Company in consideration for consulting  services rendered to
it.

ITEM 6.   MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  FINANCIAL  CONDITION  AND
          RESULTS OF OPERATIONS

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


                                      -11-
<PAGE>

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.

GOING CONCERN

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 growing  concern  are  dependent  upon its  ability to obtain
additional capital to fund its operations.

Results of Operations

Results of years ended December 31, 2005 and December 31, 2004

Revenue for both years ended  December  31, 2005 and 2004 was $ Nil. The Company
continued to develop its proprietary  home warranty and a mortgage program which
it plans to launch  during the next  fiscal  year and as such has not  generated
revenues.  Operating  expenses  increased from $8,455 in the fiscal year 2004 to
$128,752 in the current 2005 fiscal year. This increase was due primarily to the
acquisition and  consolidation  of 1604494 Ontario  Limited.  During the current
fiscal year ended December 31, 2005, the Company  recorded a Comprehensive  Loss
of ($947,207) mainly as a result of discontinued  operations'  ($810, 000), this
compares to a prior year's  Comprehensive  Loss before taxes of $9,151 which was
mainly as a result of  operating  expenses.  The Company had a negative  working
capital in 2005 of ($161,531)  compared to a negative  working capital ($832) in
2004.  All  non-essential  expenses have been  eliminated in an effort to reduce
operating losses.

FORWARD LOOKING STATEMENTS

Except for  historical  information  contained in this  Report,  the matters set
forth  above are  forward-looking  statements  that  involve  certain  risks and
uncertainties  that  could  cause  actual  results  to differ  from those in the
forward-looking  statements.  Investors  are directed to  consider,  among other
items, the risks and  uncertainties  discussed in documents filed by the Company
with the Securities and Exchange Commission.

ITEM 7.   FINANCIAL STATEMENTS

Our Financial Statements are filed herewith immediately  following the signature
page.

ITEM  8   CHANGES  IN AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING  AND
          FINANCIAL DISCLOSURE NONE

                                      -12-
<PAGE>

ITEM 8A   CONTROLS & PROCEEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

The Company  maintains a system of controls and  procedures  designed to provide
reasonable assurance as to the reliability of the financial statements and other
disclosures  included  in  this  report,  as well as to  safeguard  assets  from
unauthorized  use or  disposition.  Within 90 days  prior to the  filing of this
report,  the Company's Chief Executive  Officer and Chief Financial Officer have
reviewed and  evaluated  the  effectiveness  of the design and  operation of the
Company's   disclosure   controls  and   procedures   with  the  assistance  and
participation of other members of management.  Based upon that  evaluation,  the
Company's  Chief Executive  Officer and Chief  Financial  Officer have concluded
that  the  Company's  disclosure  controls  and  procedures  are  effective  for
gathering,  analyzing and disclosing the  information the Company is required to
disclose  in the  reports it files  under the  Securities  Exchange  Act of 1934
within the time periods specified in the SEC's rules and forms.

CHANGES IN INTERNAL CONTROLS

The  Company  has not made any  significant  changes  to its  internal  controls
subsequent  to  the  Evaluation   Date.  The  Company  has  not  identified  any
significant  deficiencies  or material  weaknesses  or other  factors that could
significantly  affect these  controls,  and  therefore,  no need for  corrective
action to be taken.

                                    PART III

ITEM  9.  DIRECTORS,   EXECUTIVE   OFFICERS,   PROMOTERS  AND  CONTROL  PERSONS;
          COMPLIANCE WITH SECTION 16 (a) OF THE EXCHANGE ACTS

Directors, Executive Officers, Promoters, and Control Persons

Reliant's directors and executive officers as at March 31, 2006, are as follows:

Name                    Age        Title
----                    ---        -----

Boyd Soussana           45         Chairman, Chief Executive Officer, President
Hon. John Roberts       72         Director
Steven Hamilton         52         Director and CFO

Reliant's  directors  will hold  office  until the next  annual  meeting  of The
Company or until their  successors  are duly  elected and  qualified.  Reliant's
executive  officers  serve at the pleasure of the Board of Directors.  Set forth
below  is a  summary  description  of  the  principal  occupation  and  business
experience of Reliant's  directors and executive  officers for at least the last
five years.

Boyd Soussana                                  President  Director
            Founder of Creditor Life, Chairman, CEO, Director of several Public
            and private corporations

The Honourable John Roberts P.C.               Director
            Former  Secretary  of State of Canada,  Privy  Counselor,  Doctor of
            Philosophy (Ph.D),  Director of several public companies and not for
            profit entities

                                      -13-
<PAGE>

Steven Hamilton                                Chief Financial Officer  Director
            Former banker and consumer loans officer

Kevin Hamilton                                 Former President  Director
            Founder of Company,  Developer of Real Estate in Eastern  Canada,
            Retired  Officer in  Canadian  Forces, resigned as an officer and
            director in May of 2005.

Val Guilis resigned as an officer and director on January 1, 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.

On March 3, 2004 the Company  authorized  the issuance of  6,004,426  S-8 shares
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 2,019,945  prior to the acquisition of 1604494
Ontario Inc.

On March 24, 2005, the Company issued  76,000,000  shares for the acquisition of
100% of the issued and  outstanding  common  shares of 1604494  Ontario Inc., an
Ontario private company,  and pursuant to a Stock Exchange Agreement (the "Stock
Exchange Agreement"),  The BSA Group Limited ("BSA"), in trust, acquired control
of the Company,  Reliant Home Warranty  Corporation  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 it held in trust. As of that date, the
Company  has a  total  of  78,019,945  issued  and  outstanding  common  shares.
Therefore the  shareholders of 1604494  Ontario Inc. have acquired  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,  which he is  deemed  to  beneficially  own  through a
corporation,  Galaxy Galaria Inc. This total represents 25.7 % of the issued and
outstanding  consolidated  common shares of the Company.  These common shares of
the  Company  were  issued  to Kevin  Hamilton  further  to the  Stock  Exchange
Agreement  through  which Kevin  Hamilton  exchanged one common share of 1604494
Ontario Inc. for each one common share of the Company. RS Atlantic Holdings Inc.
a private company acquired  ownership of 18,921,220 common shares in the capital
of the  Company,  the  total  of  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  further  to the Stock
Exchange  Agreement  through which RS Atlantic Holdings Inc exchanged one common
share of 1604494  Ontario  Inc.  for each one common  share of the  Company.

                                      -14-
<PAGE>

HS Holdings  Inc. a private  company  acquired  ownership of  18,753,113  common
shares in the capital of the Company,  the total of 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 further to the Stock
Exchange  Agreement  through which HS Holdings Inc exchanged one common share of
1604494 Ontario Inc. for each one common share of the Company.

The total  amount of  issued  and  outstanding  shares  in the  Company  thereby
increased to 78,019,782

POST PERIOD EVENT

Subsequent to fiscal year end 2006, namely, on March 01, 2006 the Company issued
4,000,000  of its common  shares to each of Harvey E. Moss and Leslie N. Moss in
consideration  of  consulting  services  rendered to the Company.  The 8,000,000
common  shares were issued  pursuant to an S-8 Filing that the Company made with
the Securities and Exchange Commission.

INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS

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  10.  EXECUTIVE COMPENSATION

Summary Compensation Table

The following table provides certain summary information concerning compensation
paid to or  accrued by the  Officers  and  Directors  of  Reliant  for  services
rendered to Reliant during the last year.
<TABLE>
<CAPTION>
==============================================================================================================
                                          SUMMARY COMPENSATION TABLE
==============================================================================================================
Securities
Name & Principal                                                  Other Annual      Underlying      All Other
Position(s)              year        salary          Bonus        Compensation       options      Compensation
---------------------- -------     ----------      ----------      ----------      ----------      -----------
<S>                      <C>       <C>             <C>             <C>             <C>             <C>
Boyd Soussana            2005      $        0      $        0      $        0      $        0      $        0
Chairman and CEO         2004      $        0      $        0      $        0      $        0      $        0
Hon. John Roberts        2005      $        0      $        0      $        0      $        0      $        0
Director(__)             2004      $        0      $        0      $        0      $        0      $        0
---------------------- -------     ----------      ----------      ----------      ----------      -----------
Val Guilis               2005      $        0      $        0      $        0      $        0      $        0
CFO(__), Director        2004      $        0      $        0      $        0      $        0      $        0
---------------------- -------     ----------      ----------      ----------      ----------      -----------
Kevin Hamilton           2005      $        0      $        0      $        0      $        0      $        0
Consultant               2004      $        0      $        0      $        0      $        0      $        0
---------------------- -------     ----------      ----------      ----------      ----------      -----------
Steve Hamilton           2005      $        0      $        0      $        0      $        0      $        0
Director and CFO         2004      $        0      $        0      $        0      $        0      $        0
---------------------- -------     ----------      ----------      ----------      ----------      -----------
</TABLE>

                                      -15-
<PAGE>

(1)  "SARs"  or  "Stock  appreciation  right"  means  a  right  granted  by  the
Corporation, as compensation for services rendered, to receive a payment of cash
or an issue or transfer of securities  based wholly or in part on changes in the
trading price of publicly traded securities of the Corporation.

(2)  "LTIP " or  "long  term  incentive  plan"  means  any plan  which  provides
compensation  intended to serve as  incentive  for  performance  to occur over a
period  longer than one  financial  year,  but does not include  option or stock
appreciation right plans or plans for compensation  through restricted shares or
restricted share units.

Compliance with Section 16(a) of the Securities Exchange Act

Section  16(a) of the  Exchange Act requires  Reliant's  executive  officers and
directors,  and persons who  beneficially own more than ten percent of Reliant's
equity  securities,  to file reports of ownership and changes in ownership  with
the Securities and Exchange Commission. Officers, directors and greater than 10%
percent  shareholders  are required by SEC  regulation  to furnish  Reliant with
copies of all Section 16(a) forms they file.

Based on its review of the copies of such forms received by it, Reliant believes
that during the year ended  December  31,  2005;  all such  filing  requirements
applicable to its officers and directors were complied with.

Benefit Plans

Reliant does not have any pension  plan,  profit  sharing plan, or similar plans
for the benefit of its officers,  directors or employees.  However,  Reliant may
establish such plans in the future. Board Compensation Directors of Reliant have
not received any  compensation in their capacity as directors  during its fiscal
year ended December 31, 2005.

OPTION GRANTS IN FISCAL YEAR 2005

Reliant  granted no options to its officers or  directors to purchase  shares of
our common stock during the fiscal year ended December 31, 2005:

Employment Agreements

The  Company  does not have  any  employment  agreement  with  its  officers  or
employees.

Director and Officer Indemnification and Limitations on Liability

Insofar as indemnification  for liabilities arising under the Securities Act may
be permitted to directors, officers, and controlling persons of Reliant pursuant
to the foregoing provisions, or otherwise,  Reliant has been advised that in the


                                      -16-
<PAGE>

opinion of the  Commission  such  indemnifications  is against  public policy as
expressed in the Securities Act and, is, therefore,  unenforceable.  Reliant has
no  indemnification  agreements  with  persons  who are  directors,  officers or
employees of Reliant.

ITEM 11.  SECURITIY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth certain information as of the date of this Report
regarding the beneficial ownership of Reliant's common stock held by each of its
executive officers and directors, individually and as a group and by each person
who beneficially  owns in excess of five percent of the common stock. The number
of  shares  of  common  stock  beneficially  owned by each  person  or entity is
determined under the rules promulgated by the SEC. Under those rules, beneficial
ownership  includes  any  shares  as to which the  person or entity  has sole or
shared voting power or  investment  power and shares which that person or entity
has the right to  acquire  within  sixty  days  after  December  31,  2005.  The
inclusion  in this  section of any  shares  deemed  beneficially  owned does not
constitute an admission by that person of beneficial  ownership of those shares.
Reliant  believes that the individuals  listed below have the sole power to vote
and dispose of the number of shares set forth  opposite their  respective  names
unless otherwise indicated.
<TABLE>
<CAPTION>

                                             Number of shares                  Percent of
                                             of common  stock                  common  stock
                                             beneficially                      beneficially
Name of                                      owned  or  right                  owned  or  right
Beneficial Owner                             to  direct  vote(*)               to  direct  vote (*)
---------------------                        -----------------------           -------------------

<S>                                                   <C>                                 <C>
Boyd Soussana                                         0                                   0.0%

Hon. John Roberts                                     0                                   0.0%

Val Guilis (2)                                        0                                   0.0%

Steve Hamilton                                        0                                   0.0%

Kevin Hamilton (1)                                    0                                   0.0%

All officers and directors
As a Group (3   persons)                              0                                   0.0%
</TABLE>

(1) Resigned as President and Director  during May 2005. (2) Resigned as CFO and
Director on January 1, 2006.

                                      -17-
<PAGE>

ITEM  12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Galaxy Galaria Inc. is a significant shareholder of Reliant. Kevin Hamilton is a
significant  shareholder  of Galaxy  Galaria  Inc.,  a  director  and it's Chief
Executive  Officer.  Mr. Hamilton was a director and the Chief Executive Officer
of Reliant until he resigned during May 2005.

ITEM  13.  EXHIBITS AND REPORTS ON FORM 8-K

     (a) The following documents are filed as part of this Annual Report on Form
10-KSB:

(1) Financial Statements

(2)  Exhibits

2.1*    Agreement  and Plan of  Reorganization  between VHS  Network,  Inc.
        and Exodus Acquisition Corporation, dated May 6, 2000.
3.1*    Articles of Incorporation for VHS Network, Inc.
3.2*    Articles of Merger for VHS Network, Inc.
3.3     Articles of Amendment for VHS Network, Inc.
3.4*    By-Laws of VHS Network, Inc.
4.1*    Specimen Stock Certificate.
10.1*   Share Exchange  Agreement made April 15, 2000 among VHS Network,  Inc.,
        China eMall  Corporation,  Gang Chai, Qin Lu Chai, Uphill Capital Inc.,
        Charles He, Qing Wang, and Forte Management Corporation.
10.2*   License Agreement  between  Groupmark Canada Limited,  and VHS Network,
        Inc. dated January 1, 2000.
10.3*   Management  Services Agreement between VHS Network,  Inc. and Groupmark
        Canada Limited, dated April 1997.
10.4*   Agreement  and Plan of Merger  dated as of December 26, 1996 made among
        Ronden Vending  Corporation and Ronden  Acquisition,  Inc.,  Video Home
        Shopping, Inc. (A Tennessee Corporation), Progressive Media Group, Inc.
        and Pamela Wilkerson.
10.5*   Agreement  and Plan of Merger  dated as of December 30, 1996 between
        Ronden Vending Corporation and Ronden Acquisition, Inc.
10.6*   Agreement  and Plan of  Reorganization  dated  April 10, 1997 among VHS
        Network, Inc. and VHS Acquisition, Inc. and VHS Network (Canada) Inc.*
10.8**  Form of Acquisition Agreement between the Company and TruNet Enterprise
        Inc.
10.9    Articles of Amendment to Articles of Incorporation of VHS Network, Inc.
        September 5, 2003.
10.10   Form of Acquisition Agreement between the Company and 1604494 Ontario
        Limited, dated March 23, 2005.
10.11   Articles of Amendment of the Company dated Feb 01, 2005.
99.1    Certifications  Pursuant  To 18  U.S.C.  Section  1350,  As  Adopted
        Pursuant  To  Section  906  Of  The  Sarbanes-Oxley  Act  Of  2002 *
        Previously  filed  as  an  exhibit  to  the  Company's  Registration
        Statement on Form SB2 filed with the Commission and  incorporated by
        reference herein.

** Filed as exhibit 10.8 to the Company's  form 10K-SB filed with the Commission
on April 16, 2002 and incorporated by reference herein.

                                      -18-
<PAGE>

Reports On Form 8-K

On February 12, 2002,  the Company  filed a Current  Report on Form 8-K with the
Commission disclosing the Company's change of accountants

On July 25,  2003,  the  Company  filed a  Current  Report  on Form 8-K with the
Commission disclosing the Company's change of accountants

On September 22, 2003,  the Company filed a Current  Report on Form 8-K with the
Commission disclosing change in control of registrant

On March  12th  2004 the  Company  filed a  Current  Report on Form 8-K with the
Commission  disclosing the acquisition of all the  outstanding  shares of Condor
Diamond Corp.

On March 29,  2005,  the  Company  filed a  Current  Report on Form 8-K with the
Commission disclosing the change of control of the Company.


ITEM  14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES

The following table sets forth fees billed to us by our SF Partnerships LLP, our
principal  accountants  during the fiscal  years  ended  December  31,  2004 and
December 31, 2005 for:

                         December 31, 2004                 December 31, 2005
                         ------------------                -------------------
(i)Audit Fees                $13,369                             $17,000
(ii)Audit Related Fees       $0                                  $0
(iii)Tax Fees                $0                                  $1,669
(iv)All Other Fees           $0                                  $0

Audit Fees. The aggregate fees billed by Reliant's  principal  accountants,  for
professional  services rendered for the audit of our annual financial statements
for the last two fiscal  years and for the reviews of the  financial  statements
included  in our  Quarterly  Reports on Form  10-QSB  during the last two fiscal
years.

Audit-Related Fees: Reliant did not engage its principal  accountants to provide
assurance or related services during the last two fiscal years.

Tax Fees: The aggregate fees billed by Reliant's  principal  accountants for tax
compliance,  tax advice and tax planning services rendered to Reliant during the
last two fiscal years

All Other  Fees:  Reliant  did not engage its  principal  accountants  to render
services to us during the last two fiscal years, other than as reported above.

                                      -19-
<PAGE>

Pre-Approval Policies and Procedures.  Reliant's Board of Directors has the sole
authority to appoint or replace Reliant's  independent auditor.  Reliant's Board
is directly  responsible for the  compensation  and oversight of the work of its
independent  auditor (including  resolution of disagreements  between management
and the independent  auditor regarding  financial  reporting) for the purpose of
preparing  or issuing an audit  report or related  work.  Reliant's  independent
auditor is engaged by, and reports  directly  to,  it's Board.

Reliant's  Board  pre-approves  all auditing  services and  permitted  non-audit
services  (including  the fees and terms thereof) to be performed for Reliant by
Reliant's  independent  auditor,  subject  to  the  de  minimis  exceptions  for
non-audit services described in Section 10A(i)(1)(B) of the Exchange Act, all of
which are  approved by our Board prior to the  completion  of the audit.  In the
event  pre-approval for such auditing services and permitted  non-audit services
cannot be obtained as a result of inherent  time  constraints  in the matter for
which such services are required, the Chairman of the Board may pre-approve such
services,  and will report for ratification such pre-approval to Reliant's Board
at its next scheduled meeting.

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 April 30, 2006               /s/ Boyd Soussana
                                 ---------------------------------
                                 (Signature) Boyd Soussana
                                 Chief Executive Officer


Date April 30, 2006               /s/ Steve Hamilton
                                 ---------------------------------
                                 (Signature) Steve Hamilton
                                 Chief Financial Office


                                      -20-
<PAGE>

                        RELIANT HOME WARRANTY CORPORATION
                         (FORMERLY DIALEX MINERALS INC.)
                          (A DEVELOPMENT STAGE COMPANY)

                              FINANCIAL STATEMENTS

                           DECEMBER 31, 2005 AND 2004

                           (EXPRESSED IN U.S. DOLLARS)






                                    CONTENTS

Report of Independent Registered Public Accounting Firm                   F-1

Balance Sheets                                                            F-2

Statements of Operations                                                  F-3

Statements of Stockholders' Equity (Deficit)                              F-4

Statements of Cash Flows                                                  F-5

Notes to Financial Statements                                       F-6 - F-12


<PAGE>


             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



To the Stockholders and Board of Directors of
Reliant Home Warranty Corporation

         We have  audited  the  accompanying  balance  sheets  of  Reliant  Home
Warranty  Corporation  (A Florida  corporation in the  development  stage) as of
December 31, 2005 and 2004 the related  statements of operations,  stockholders'
deficit and cash flows for the year ended  December 31, 2005 and the period from
January 21, 2004 (date of inception)  through  December 31, 2004 and  cumulative
from January 21, 2004 (date of  inception)  through  December  31,  2005.  These
financial  statements are the  responsibility of the Company's  management.  Our
responsibility  is to express an opinion on these financial  statements based on
our audits.

         We conducted our audits in accordance  with the standards of the Public
Company Accounting Oversight Board (United States). Those standards require that
we plan and perform the audit to obtain  reasonable  assurance about whether the
financial  statements  are free of  material  misstatement.  An  audit  includes
examining,  on a test basis,  evidence supporting the amounts and disclosures in
the  financial  statements.  An audit also  includes  assessing  the  accounting
principles  used  and  significant  estimates  made  by  management,  as well as
evaluating the overall  financial  statement  presentation.  We believe that our
audit provides a reasonable basis for our opinion.

         In our opinion,  these financial  statements  referred to above present
fairly,  in all  material  respects,  the  financial  position  of Reliant  Home
Warranty  Corporation  as of December 31, 2005 and 2004,  and the results of its
operations  and cash flows for the year ended  December  31, 2005 and the period
from  January  21,  2004  (date of  inception)  through  December  31,  2004 and
cumulative from January 21, 2004 (date of inception)  through  December 31, 2005
in conformity with accounting principles generally accepted in the United States
of America.

         The accompanying  financial statements have been prepared assuming that
the Company  will  continue as a going  concern.  As  discussed in Note 2 to the
financial  statements,  the Company is in the development stage and has incurred
losses  from  operations,   and  has  negative  working  capital,  which  raises
substantial doubt about its ability to continue as a going concern. Management's
plans  regarding  these  matters  are also  described  in Note 2. The  financial
statements do not include any adjustments  that might result from the outcome of
this uncertainty.



                                          /s/  SF PARTNERSHIP, LLP
                                          --------------------------------------
Toronto, Canada                           CHARTERED ACCOUNTANTS
March 31, 2006


                                      F-1
<PAGE>
<TABLE>
<CAPTION>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
(A DEVELOPMENT STAGE COMPANY)
Balance Sheet
December 31, 2005 and 2004

                                                                             2005           2004
                                                                          -----------    -----------
                                                          ASSETS
Current Assets
<S>                                                                       <C>            <C>
    Cash                                                                  $      --      $      --

    Due from related parties                                                     --            7,488
                                                                          -----------    -----------

Total Current Assets                                                             --            7,488

Intangible Assets (note 4)                                                      5,159          4,992
                                                                          -----------    -----------

Total Assets                                                              $     5,159    $    12,480
                                                                          -----------    -----------

                                                       LIABILITIES
Current Liabilities
    Accounts payable and accrued liabilities                                   87,015          6,656
    Due from related party (note 5)                                            74,516           --
                                                                          -----------    -----------

Total Current Liabilities                                                     161,531          6,656
                                                                          -----------    -----------

Total Liabilities                                                             161,531          6,656
                                                                          -----------    -----------

Commitments and Contingencies
                                       STOCKHOLDERS' EQUITY (DEFICIT)

Common Stock (note 6)
        $0.001 par value; 100,000,000 shares
        authorized
        78,019,782 (2004 - 2,019,782)  issued
        and outstanding                                                        78,020          2,020

Additional Paid in Capital                                                    718,846         12,955

Accumulated Other Comprehensive Loss                                           (6,031)          (696)

Accumulated Deficit During the Development Stage                             (947,207)        (8,455)
                                                                          -----------    -----------

Total Stockholders' Equity (Deficit)                                         (156,372)         5,824
                                                                          -----------    -----------

Total Liabilities and Total Stockholders' Equity (Deficit)                $     5,159    $    12,480
                                                                          -----------    -----------
</TABLE>

   (The accompanying notes are an integral part of these financial statements)

                                      F-2
<PAGE>
<TABLE>
<CAPTION>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
(A DEVELOPMENT STAGE COMPANY)
Statement of Operations
Year Ended  December  31,  2005,  and the period from January
21, 2004 (Date of Inception)  Through December 31, 2004 and
Cumulative from the period January 21, 2004 (date of inception)
through December 31, 2005

                                                                                            Cumulative
                                                                     The Period from     for the Period
                                                                      Jan. 21, 2004       Jan.21, 2004
                                                                   (Date of Inception)  (Date of Inception)
                                                                     through Dec. 31,    through Dec. 31,
                                                      2005                2004                2005
                                                  ------------        ------------        ------------
<S>                                               <C>                 <C>                 <C>
Revenue                                           $       --          $       --          $       --
                                                  ------------        ------------        ------------

Expenses
    General and administrative expenses                 22,283               2,306              24,589
    Professional fees                                   36,711               3,843              40,554
    Consulting fees                                     69,758               2,306              72,064
    Occupancy costs                                       --                  --                  --
                                                  ------------        ------------        ------------

Total Operating Expenses                               128,752               8,455             137,207
                                                  ------------        ------------        ------------

Loss from Operations                                  (128,752)             (8,455)           (137,207)

Discontinued Operations (note 7)                      (810,000)               --              (810,000)
                                                  ------------        ------------        ------------

Loss Before Income Taxes                              (938,752)             (8,455)           (947,207)

    Provision for income taxes                            --                  --                  --
                                                  ------------        ------------        ------------

Net Loss                                              (938,752)             (8,455)           (947,207)

Foreign Currency Translation Adjustment                  5,335                 696               6,031
                                                  ------------        ------------        ------------

Total Comprehensive Loss                          $   (944,087)       $     (9,151)       $   (953,238)
                                                  ============        ============        ============


Net Loss per Share - Basic and Diluted
  During the Period                               $      (0.01)       $       0.00
                                                  ============        ============

Loss per share from continued operations          $     (0.002)       $      0.000

Weighted Average Number of Shares Outstanding -
  Basic and Diluted During the Period               77,560,483          76,000,000
                                                  ============        ============
</TABLE>

  (The accompanying notes are an integral part of these financial statements)


                                      F-3
<PAGE>


RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
(A DEVELOPMENT STAGE COMPANY)
Statements of Stockholders' Deficit
For the Periods from January 21, 2004 (Date of Inception)
Through December
31, 2005


<TABLE>
<CAPTION>
                                                                                                 Accumulated
                                                                                  Accumulated        Deficit
                                           Common Stock           Additional            Other     During the             Total
                                    --------------------------       Paid-In    Comprehensive    Development      Stockholders'
                                        Shares      Par Value        Capital             Loss          Stage           Deficit
                                    -----------    -----------   -----------    ------------     ------------      -----------
<S>                                   <C>          <C>           <C>            <C>              <C>              <C>
Balance - January 21, 2004
  (date of inception)                 2,019,782    $     2,020   $    12,955    $      --        $     --         $     14,975

  Foreign currency translation             --             --            --             (696)           --                 (696)


  Net loss                                 --      $      --     $      --      $      --        $   (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. (Note 6)   76,000,000        76,000        705,891           --              --             781,891


  Foreign currency translation             --             --            --           (5,335)           --              (5,335)

  Net loss                                 --             --            --             --          (938,752)         (938,752)
                                    -----------    -----------   -----------    -----------      ----------       -----------

Balance - December 31, 2005          78,019,782    $    78,020   $   718,846    $    (6,031)     $ (947,207)      $  (156,372)
                                    ===========    ===========   ===========    ===========      ==========       ===========
</TABLE>

   (The accompanying notes are an integral part of these financial statements)


                                      F-4
<PAGE>

<TABLE>
<CAPTION>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
(A DEVELOPMENT STAGE COMPANY)
Statement of Cash Flows
Year Ended  December  31,  2005 and the Period  From  January  21, 2004
(Date of Inception) through December 31, 2004 and Cumulative
from the Period January 21, 2004 (date of inception) Through December 31, 2005.

                                                                                                  Cumulative
                                                                        The Period from       from the Period
                                                                          Jan. 21, 2004          Jan.21, 2004
                                                                    (Date of Inception)   (Date of Inception)
                                                                       through Dec. 31,       through Dec. 31,
                                                      2005                         2004                   2005
                                                 -----------           ----------------      -----------------
Cash Flows from Operating Activities
<S>                                              <C>                   <C>                   <C>
    Net loss                                     $  (938,752)          $    (8,455)          $  (952,160)
    Adjustments to reconcile net loss
       to net cash (used in) provided  by
       operating activities:
      Consulting fees                                   --                   2,306                 2,306
      Discontinued Operations                        810,000                  --                 810,000
    Change in Non-cash working capital:
      Accounts payable and accrued liabilities        52,249                 6,656                58,905
                                                 -----------           -----------           -----------


Net cash (used in) provided by
      operating activities                           (76,503)                  507               (80,949)
                                                 -----------           -----------           -----------

Cash Flows from Investing Activities
    Purchase of equipment                               --                    --                    --
                                                 -----------           -----------           -----------

Net cash used in investing activities                   --                    --                    --
                                                 -----------           -----------           -----------

Cash Flows from Financing Activities
    Deferred offering costs                             --                    --                    --
    Proceeds from note payable                          --                    --                    --
    Proceeds from related party debt                  82,004                  --                  82,004
    Issuance of common stock                            --                    --                    --
    Increase in bank indebtedness                       --                    --                    --
                                                 -----------           -----------           -----------

Net cash provided by financing activities             82,004                  --                  82,004
                                                 -----------           -----------           -----------

Net Increase in Cash                                   5,501                   507                 6,008
Foreign Exchange on Balances                          (5,501)                 (507)               (6,008)
Cash - beginning of  year                               --                    --                    --
                                                 -----------           -----------           -----------


Cash - end of year                               $      --             $      --             $      --
                                                 -----------           -----------           -----------


Supplemental Cash Flow Information

    Interest paid                                $      --             $      --             $      --
                                                 -----------           -----------           -----------

    Income taxes paid                            $      --             $      --             $      --

</TABLE>

                                      F-5
<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Financial Statements
December 31, 2005 and 2004



1.    Nature of Business and Development Stage Activities

      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 shares 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.

      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).


2.    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.

      As of December 30, 2005 the Company has  sustained  net losses of $938,752
      (2004 - $8,455), and a working capital deficiency of $161,531 which raises
      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, if at all.

      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.

                                      F-6
<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Financial Statements
December 31, 2005 and 2004


3.    Summary of Significant Accounting Policies

      The accounting  policies of the Company are in accordance  with accounting
      principles  generally accepted in the United States of America,  and their
      basis of  application  is  consistent.  Outlined  below are those policies
      considered particularly significant:

      a)    Basis of Financial Statement Presentation

            The reverse merger between the Company and 1604494  Ontario Inc. has
            been  recorded as a  recapitalization  of the Company,  with the net
            assets of the Company  brought  forward at their  historical  basis.
            Management does not intend to pursue the business of the Company and
            accordingly  has changed the nature of the  business as described in
            Note 1. As such,  accounting for the merger as a recapitalization of
            the Company is deemed appropriate.

      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 are 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 is
            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)    Intangible Assets

            Intangible  assets with an indefinite life are accounted for at cost
            and are tested for impairment  annually or more frequently if events
            or  changes  in  circumstances  indicate  that the  assets  might be
            impaired.  When the  carrying  amounts  exceeds the fair  value,  an
            impairment  loss is  recognized  in the  statement of earnings in an
            amount equal to the difference.

                                      F-7
<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Financial Statements
December 31, 2005 and 2004


3. Summary of Significant Accounting Policies (cont'd)

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

      g)    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.

      h)    Income Taxes

            The Company  accounts for income taxes in accordance  with Statement
            of Financial  Accounting Standards ("SFAS") No. 109, "Accounting for
            Income Taxes".  Deferred tax assets and liabilities are recorded for
            differences  between the  consolidated  financial  statement and tax
            basis of the assets and  liabilities  that will result in taxable or
            deductible  amounts  in the  future  based on  enacted  tax laws and
            rates. Valuation allowances are established when necessary to reduce
            deferred tax assets to the amount  expected to be  realized.  Income
            tax  expense is  recorded  for the  amount of income tax  payable or
            refundable  for the period  increased  or decreased by the change in
            deferred tax assets and liabilities during the period.

      i)    Earnings or 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  the
            Financial  Accounting  Standards  Board  (FASB)  under SFAS No. 128,
            "Earnings per Shares".  Diluted EPS reflects the potential  dilution
            of securities  that could share in the earnings.  As of December 31,
            2005 and 2004 there were no dilutive  securities  that would  impact
            the EPS.

                                      F-8
<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Financial Statements
December 31, 2005 and 2004


3. Summary of Significant Accounting Policies (cont'd)

      j)    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.

      k)    Comprehensive Income or Loss

            The Company adopted SFAS No. 130, "Reporting  Comprehensive Income."
            SFAS No. 130 establishes standards for reporting and presentation of
            comprehensive  income and its  components in a full set of financial
            statements.  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;  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.

      l)    Recent Accounting Pronouncements

            In March 2005, the FASB issued FSP No. 46(R)-5,  "Implicit  Variable
            Interests under FASB Interpretation No. ("FIN") 46 (revised December
            2003),  Consolidation  of  Variable  Interest  Entities"  ("FSP  FIN
            46R-5").  FSP FIN 46R-5 provides guidance for a reporting enterprise
            on  whether  it holds an  implicit  variable  interest  in  Variable
            Interest   Entities   ("VIEs")  or  potential   VIEs  when  specific
            conditions  exist.  This  FSP  is  effective  in  the  first  period
            beginning  after  March 3, 2005 in  accordance  with the  transition
            provisions  of FIN 46  (Revised  2003),  "Consolidation  of Variable
            Interest  Entities  -  an  Interpretation  of  Accounting   Research
            Bulletin No. 51" ("FIN 46R").  The Company has  determined  that the
            adoption  of FSP FIN 46R-5 will not have an impact on its results of
            operations and financial condition.

                                      F-9
<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Financial Statements
December 31, 2005 and 2004


3. Summary of Significant Accounting Policies (cont'd)

      l) Recent Accounting Pronouncements (cont'd)

            In March 2005, the FASB issued  Interpretation  No. 47,  "Accounting
            for Conditional Asset Retirement Obligations" ("FIN 47"), which will
            result in (a) more consistent recognition of liabilities relating to
            asset retirement  obligations,  (b) more information  about expected
            future cash outflows associated with those obligations, and (c) more
            information   about   investments   in  long-lived   assets  because
            additional  asset retirement costs will be recognized as part of the
            carrying  amounts  of the  assets.  FIN 47  clarifies  that the term
            "conditional  asset  retirement  obligation"  as used  in SFAS  143,
            "Accounting  for Asset  Retirement  Obligations,"  refers to a legal
            obligation  to perform  an asset  retirement  activity  in which the
            timing and/or method of settlement are conditional on a future event
            that  may or may  not be  within  the  control  of the  entity.  The
            obligation to perform the asset retirement activity is unconditional
            even though  uncertainty  exists about the timing  and/or  method of
            settlement. Uncertainty about the timing and/or method of settlement
            of a conditional asset retirement obligation should be factored into
            the measurement of the liability when sufficient information exists.
            FIN  47  also  clarifies  when  an  entity  would  have   sufficient
            information  to  reasonably  estimate  the  fair  value  of an asset
            retirement obligation.  FIN 47 is effective no later than the end of
            fiscal years ending after December 15, 2005.  Early adoption of this
            interpretation  is encouraged.  As FIN 47 was recently  issued,  the
            Company has not determined  whether the  interpretation  will have a
            significant   effect  on  its  financial   position  or  results  of
            operations.

            In May 2005, the FASB issued SFAS No. 154,  "Accounting  Changes and
            Error   Corrections"   ("SFAS  154"),   which  replaces   Accounting
            Principles Board ("APB") Opinion No. 20, "Accounting  Changes",  and
            SFAS No. 3,  "Reporting  Accounting  Changes  in  Interim  Financial
            Statements  - An  Amendment  of APB Opinion  No.  28".  SFAS No. 154
            provides  guidance on the accounting for and reporting of changes in
            accounting  principles and error corrections.  SFAS No. 154 requires
            retrospective  application to prior period  financial  statements of
            voluntary  changes in accounting  principle and changes  required by
            new accounting standards when the standard does not include specific
            transition provisions, unless it is impracticable to do so. SFAS No.
            154  also  requires  certain  disclosures  for  restatements  due to
            correction  of an error.  SFAS No. 154 is effective  for  accounting
            changes and  corrections  of errors made in fiscal  years  beginning
            after  December  15,  2005,  and is  required  to be  adopted by the
            Company as of January 1, 2006.  The impact that the adoption of SFAS
            No.  154  will  have on the  Company's  results  of  operations  and
            financial  condition will depend on the nature of future  accounting
            changes  adopted  by the  Company  and the  nature  of  transitional
            guidance provided in future accounting pronouncements.

                                      F-10
<PAGE>


RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Financial Statements
December 31, 2005 and 2004


4.    Intangible Assets

      In 2004,  the Company  acquired  Intangible  assets valued at $5,159 US in
      exchange for shares.  The intangible  assets represents the Company's home
      warranty  program,  this  program is not  subject to  amortization  and is
      tested for impairment annually.


5.    Due from Related Parties

      All related  party  transactions  are  recorded at the  exchange  amounts.
      During the year, a  stockholder/officer  of the Company  provided  $74,516
      (2004 - $6,656) to fund the working capital of the Company. The advance is
      non-interest bearing and have no fixed terms for repayment.

      In 2004, the Company acquired  intangible assets amounting to $5,159 US by
      issuing  20,085,667  common shares of the legal  subsidiary from a company
      controlled by a director of the Company.  Also, in 2004 the Company issued
      9,231,209 common shares of the legal subsidiary in exchange for consulting
      services amounting to $2,306 US.


6.    Stockholders' Equity
<TABLE>
<CAPTION>

        Authorized
           100,000,000 common shares, par value $0.001 per share
            25,000,000 preferred shares, par value $0.001 per share
                                                                           2005              2004
                                                                      -------------          ------------

        Issued
<S>         <C>                                                       <C>                    <C>
            78,019,782  common shares (2004 -2,019,782)               $      78,020          $      2,020
                                                                      =============          ============
</TABLE>


      Common Stock

      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 shares  issued and  outstanding  shares of
      1604494 Ontario Inc

                                      F-11
<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Financial Statements
December 31, 2005 and 2004


6. Stockholders' Equity (cont'd)

      Equity Compensation Plan

      In accordance with SFAS No. 123 "Accounting for Stock-Based Compensation",
      the Company  enters into  transactions  in which goods or services are the
      consideration  received for the issuance of equity instruments.  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.


7.    Discontinued Operations

      On  March  24,  2005,  the  Company  divested  of all of  the  issued  and
      outstanding  shares of its wholly owned subsidiary Condor Diamond Corp. to
      Condor Gold Corp. in consideration of any and all liabilities owing by the
      Company to Condor Gold Corp. and its directors and officers.

      The results of the discontinued operations are follows:

                                                           2005          2004
                                                       -----------    ---------
         Revenue                                       $      --      $    --
         Operating loss from discontinued operations          --           --
         Loss on discontinued operations                  (810,000)        --
         Income Taxes                                         --           --
                                                       -----------    ---------

         Loss from discontinued operations             $  (810,000)   $    --
                                                       ===========    =========
8.    Income Taxes

      As of December 31, 2005 the Company had non capital loss carry forward for
      federal income tax reporting purposes of $137,207 (2004 - $8,455) which if
      unused will begin to expire in 2023 . The tax effect of the operating loss
      carry forwards and temporary differences at December 31, 2005 and 2004 are
      as follows.

      Deferred Income Tax Assets:
                                                         2005           2004
                                                     -----------    -----------
      Non capital loss carry forward                 $    46,650          2,875
      Capital loss carry forward                         137,700           --
      Valuation allowance                               (184,350)       (2,875)
                                                     -----------    -----------
      Total deferred tax effect                      $      --      $      --
                                                     ===========    ===========


      The following is a reconciliation of the income tax benefit computed using
      the federal statutory rate to the provision for income taxes:

      The provision for income Taxes has been computed as follows:

                                                       2005            2004
                                                    -----------    -----------

      Income tax statutory rate (34%)               $   (43,776)   $    (2,875)
      Non taxable capital gain                         (137,700)          --
      Other                                         $    (2,875)   $      --
      Change in valuation allowance                     184,350          2,875
                                                    -----------    -----------
                                                           --             --
                                                           --             --
                                                    -----------    -----------

      Provision for income taxes                    $      --      $      --
                                                    ===========    ===========



9.    Subsequent Event

      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.


10.   Comparative Information

      Certain   figures  for  the  year  ended   December  31,  2004  have  been
      reclassified  to  conform  with the  current  year's  financial  statement
      presentation.


                                      F-13