UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

Form 10-Q

(Mark one)

x	Quarterly Report Under Section 13 or 15(d) of the Securities Exchange Act of 1934
		For the quarterly period ended September 30, 2012
		For the quarterly period ended March 31, 2013
o	Transition Report Under Section 13 or 15(d) of the Securities Exchange Act of 1934
		For the transition period from ______________ to _____________

Commission File Number: 0-54095

SMSA Humble Acquisition Corp.

(Exact name of registrant as specified in its charter)

Nevada	27-2969191
(State of incorporation)	(IRS Employer ID Number)

5521 Riviera Dr., Coral Gables, FL 33146

(Address of principal executive offices)

(305) 799-9094

(Issuer's telephone number)

12890 Hilltop Road, Argyle, TX 76226

(Former name or former address, if changed since last report)

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES x NO o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). YES x NO o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

	Large accelerated filer o	Accelerated filer o
	Non-accelerated filer o	Smaller reporting company x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act):

YES x NO o

State the number of shares outstanding of each of the issuer's classes of common equity as of the latest practicable date:~~October~~April 2630, ~~2012~~2013: 10,030,612

Transitional Small Business Disclosure Format (check one): YES o NO x

SMSA Humble Acquisition Corp.

Form 10-Q for the Quarter ended ~~September~~March 3031, ~~2012~~2013

Table of Contents

Page Part I - Financial Information Item 1 - Financial Statements 3 Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations 14 Item 3 - Quantitative and Qualitative Disclosures About Market Risk 16 Item 4 - Controls and Procedures 16 Part II - Other Information Item 1 - Legal Proceedings 16 Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds 16 Item 3 - Defaults Upon Senior Securities 16 Item 4 - Mine Safety Disclosures 16 Item 5 - Other Information 16 Item 6 - Exhibits 16 Signatures 17

Part I - Financial Information

Item 1 - Financial Statements	3

Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations	14

Item 3 - Quantitative and Qualitative Disclosures About Market Risk	16

Item 4 - Controls and Procedures	16

Part II - Other Information

Item 1 - Legal Proceedings	16

Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds	16

Item 3 - Defaults Upon Senior Securities	16

Item 4 - Mine Safety Disclosures	16

Item 5 - Other Information	16

Item 6 - Exhibits	16

Signatures	17

Part I - Financial Information

Item 1 - Financial Statements

SMSA Humble Acquisition Corp.

(a development stage company)

Balance Sheets

~~September~~March 3031, ~~2012~~2013 and December 31, ~~2011~~2012

	(Unaudited)			(Audited)
	September 30,			December 31,
	March 31,			December 31,
	2012			2011
	2013			2012
ASSETS
Current Assets
Cash on hand and in bank	$	9,500		$	-9,500
Total Assets	$	9,500		$	-9,500
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current Liabilities
Accounts payable - trade	$	~~180~~-		$	-
Total Liabilities		~~180~~-			-
Commitments and Contingencies
Stockholders' Equity (Deficit)
Preferred stock - $0.001 par value
10,000,000 shares authorized.
None issued and outstanding		-			-
Common stock - $0.001 par value.
100,000,000 shares authorized.
530,612 shares issued and outstanding		10,031			531
10,030,612 shares issued and outstanding		10,031			10,031
Additional paid-in capital		3946,~~207~~252			2742,~~300~~278
Deficit accumulated during the development stage		(3946,~~918~~783	)		(2742,~~831~~809	)
Total Stockholders' Equity (Deficit)		9,~~320~~500			-9,500
Total Liabilities and Stockholders’ Equity (Deficit)	$	9,500		$	-9,500

The financial information presented herein has been prepared by management

without audit by independent certified public accountants.

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

SMSA Humble Acquisition Corp.

(a development stage company)

Statements of Operations and Comprehensive Loss

~~Nine and~~ Three months ended ~~September~~March 3031, ~~2012~~2013 and ~~2011~~2012 and

Period from August 1, 2007 (date of bankruptcy settlement) through ~~September~~March 3031, ~~2012~~2013

(Unaudited)

													Period from
	Three months ended March 31, 2013			Three months ended March 31, 2012			Period from August 1, 2007 (date of bankruptcy settlement) through March 31, 2013
													August 1, 2007
Revenues	$	-		$	-		$	-
													(date of bankruptcy
Operating expenses
	Nine months			Nine months			Three months			Three months			settlement)
Reorganization costs		-			-			2,874
	ended			ended			ended			ended			through
Professional fees		3,230			2,400			29,077
	September 30,			September 30,			September 30,			September 30,			September 30,
Other general and administrative costs		744			1,029			14,832
	2012			2011			2012			2011			2012
Total operating expenses		3,974			3,429			46,783
Revenues	$	-		$	-		$	-		$	-		$	-
Loss from operations		(3,974	)		(3,429	)		(46,783	)
Expenses
Provision for income taxes		-			-			-
Reorganization costs		-			-			-			-			2,874
Net Income (Loss)		(3,974	)		(3,429	)		(46,783	)
Professional fees		5,911			8,513			2,026			1,013			23,547
Other comprehensive income		-			-			-
Other general and
Comprehensive Income (Loss)	$	(3,974	)	$	(3,429	)	$	(46,783	)
administrative expenses		6,176			5,264			4,680			3,680			13,497
Loss per weighted-average share
Total operating expenses		12,087			13,777			6,706			4,693			39,918
of common stock outstanding,
Income (Loss)
computed on net loss - basic
from operations		(12,087	)		(13,777	)		(6,706	)		(4,693	)		(39,918	)
and fully diluted	$	(0.00	)	$	(0.01	)	$	(0.03	)
Other Income (Expense)		-			-			-			-			-
Weighted-average number of shares
Income (Loss) before
of common stock outstanding -
provision for income taxes		(12,087	)		(13,777	)		(6,706	)		(4,693	)		(39,918	)
basic and fully diluted		10,030,612			530,612			1,622,883
Provision for income taxes		-			-			-			-			-
Net Loss		(12,087	)		(13,777	)		(6,706	)		(4,693	)		(39,918	)
Other Comprehensive Income		-			-			-			-			-
Comprehensive Loss	$	(12,087	)	$	(13,777	)	$	(6,706	)	$	(4,693	)	$	(39,918	)
Earnings per share of
common stock outstanding
computed on net loss -
basic and fully diluted	$	(0.00	)	$	(0.03	)	$	(0.00	)	$	(0.01	)	$	(0.05	)
Weighted-average number
of shares outstanding -
basic and fully diluted		2,463,228			530,612			6,313,221			530,612			812,392

The financial information presented herein has been prepared by management

without audit by independent certified public accountants.

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

SMSA Humble Acquisition Corp.

(a development stage company)

~~Statements~~Statement of Cash Flows

~~Nine~~Three months ended ~~September~~March 3031, ~~2012~~2013 and ~~2011~~2012 and

Period from August 1, 2007 (date of bankruptcy settlement) through ~~September~~March 3031, ~~2012~~2013

(Unaudited)

							Period from
	Three months ended March 31, 2013			Three months ended March 31, 2012			Period from August 1, 2007 (date of bankruptcy settlement) through March 31, 2013
							August 1, 2007
							(date of bankruptcy
	Nine months			Nine months			settlement
	ended			ended			through
	September 30,			September 30,			September 30,
	2012			2011			2012
Cash Flows from Operating Activities
Net income (loss) for the period	$	(123,~~087~~974	)	$	(133,~~777~~429	)	$	(3946,~~918~~783	)
Adjustments to reconcile net loss
to net cash provided by operating activities
to net cash provided by
Depreciation and amortization		-			-			-
operating activities
Depreciation		-			-			-
Increase (Decrease) in
Accounts payable and accrued expenses		180			-			180
Accounts payable		-			-			-
Net cash used in operating activities		(11,907	)		-			(39,738	)
Net cash provided by operating activities		(3,974	)		(3,429	)		(46,783	)
Cash Flows from Investing Activities		-			-			-
Cash Flows from Financing Activities
Cash provided by bankruptcy trust		-			-			1,000
Cash funded from bankruptcy trust		-			-			1,000
Cash from sale of common stock		9,500			-			9,500
Private placement sale of common stock		-			-			9,500
Capital contributed to support operations		11,907			13,777			38,738
Working capital contributed to support operations		3,974			3,429			45,783
Net cash provided by financing activities		213,~~407~~974			133,~~777~~429			4956,~~238~~283
Increase (Decrease) in Cash		9,500			-			9,500
Increase in Cash		-			-			9,500
Cash at beginning of period		-9,500			-			-
Cash at end of period	$	9,500		$	-		$	9,500
Supplemental Disclosure of
Interest and Income Taxes Paid
Interest paid for the year	$	-		$	-		$	-
Interest paid during the period	$	-		$	-		$	-
Income taxes paid for the year	$	-		$	-		$	-
Income taxes paid during the period	$	-		$	-		$	-

The financial information presented herein has been prepared by management

without audit by independent certified public accountants.

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

SMSA Humble Acquisition Corp.

(a development stage company)

Notes to Financial Statements

~~September~~March 3031, ~~2012~~2013 and December 31, ~~2011~~2012

Note A - Background and Description of Business

SMSA Humble Acquisition Corp. (Company) was organized on May 3, 2010 as a Nevada corporation to effect the reincorporation of Senior Management Services of Humble, Inc., a Texas corporation, mandated by the plan of reorganization discussed below.

The Company’s emergence from Chapter 11 of Title 11 of the United States Code on August 1, 2007 created the combination of a change in majority ownership and voting control - that is, loss of control by the then-existing stockholders, a court-approved reorganization, and a reliable measure of the entity’s fair value - resulting in a fresh start, creating, in substance, a new reporting entity. Accordingly, the Company, post bankruptcy, has no significant assets, liabilities or operating activities. Therefore, the Company, as a new reporting entity, qualifies as a “development stage enterprise” as defined in Development Stage Entities topic of the FASB Accounting Standards Codification and as a shell company as defined in Rule 405 under the Securities Act of 1933, (Securities Act), and Rule 12b-2 under the Securities Exchange Act of 1934, (Exchange Act).

On August 6, 2012, the Company entered into a Share Purchase Agreement (Share Purchase Agreement) with Pierre Galoppi (Galoppi), a resident of Coral Gables, Florida, pursuant to which he acquired 9,500,000 shares of our common stock for approximately $9,500 cash or $0.001 per share. As a result of this transaction, 10,030,612 shares of our common stock are currently issued and outstanding.

~~Our~~On ~~current~~December ~~business~~10, ~~plan~~2012, isGaloppi sold 9,490,000 of the aforementioned shares to ~~identify~~Patrick ~~and~~D. ~~enter~~Souter ~~into~~(Souter) afor ~~business~~approximately ~~combination~~$9,490.00 ~~transaction~~or ~~with~~$0.001 aper ~~privately~~share. There ~~held~~was ~~Ecuadorian~~no ~~based~~change ~~business~~in ~~seeking~~our ~~access~~total toissued ~~the~~and U.outstanding S.shares ~~capital~~as ~~markets~~a result of this transaction.

Our current business plan is to operate a cattle breeding enterprise located in the State of Texas.

Note B - Reorganization Under Chapter 11 of the U. S. Bankruptcy Code

On January 17, 2007, Senior Management Services of Humble, Inc. and its affiliated companies (SMS Companies or Debtors) filed a petition for reorganization under Chapter 11 of the United States Bankruptcy Code. During the three years prior to filing the reorganization petition, SMS Companies operated a chain of skilled nursing homes, located principally in Texas, which prior to the bankruptcy proceedings consisted of a total of 14 separate nursing facilities, ranging in size from approximately 114 beds to 325 beds. In the aggregate, SMS Companies provided care to approximately 1,600 resident patients and employed over 1,400 employees. A significant portion of the SMS Companies cash flow was provided by patients covered by Medicare and Medicaid. The SMS Companies facilities provided round-the-clock care for the health, well-being, safety and medical needs of its patients. The administrative and operational oversight of the nursing facilities was provided by an affiliated management company located in Arlington, Texas. In 2005, SMS Companies obtained a secured credit facility from a financial institution. The credit facility eventually was comprised of an $8.3 million term loan and a revolving loan of up to $15 million which was utilized for working capital and to finance the purchase of the real property on which 2 of its nursing care facilities operated. By late 2006, SMS Companies were in an "overadvance" position, whereby the amount of funds extended by the lender exceeded the amount of collateral eligible to be borrowed under the credit facility. Beginning in September 2006, SMS Companies entered into the first of a series of forbearance agreements whereby the lender agreed to forebear from declaring the financing in default provided SMS Companies obtained a commitment from a new lender to refinance and restructure the credit facility. SMS Companies were unsuccessful in obtaining a commitment from a new lender and, on January 5, 2007, the lender declared SMS Companies in default and commenced foreclosure and collection proceedings. On January 9, 2007, the lender agreed to provide an additional $1.7 million to fund payroll and permit a controlled transaction to bankruptcy. Subsequently, on January 17, 2007, the SMS Companies filed a petition for reorganization under Chapter 11 of the Bankruptcy Code.

Under Chapter 11, certain claims against the Debtors in existence prior to the filing of the petitions for relief under Federal Bankruptcy Laws are stayed while the Debtors continue to operate their businesses as debtors-in-possession under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and the orders of the Bankruptcy Court. These claims were reflected in the predecessor company’s balance sheets as “Liabilities Subject to Compromise” through the settlement date. Additional claims (liabilities subject to compromise) may arise subsequent to the petition date resulting from the rejection of executory contracts, including leases, and from the determination of the court (or agreed to by parties in interest) of allowed claims for contingencies and other disputed amounts.

SMSA Humble Acquisition Corp.

(a development stage company)

Notes to Financial Statements - Continued

~~September~~March 3031, ~~2012~~2013 and December 31, ~~2011~~2012

Note B - Reorganization Under Chapter 11 of the U. S. Bankruptcy Code - Continued

The First Amended, Modified Chapter 11 Plan, (the Plan) as presented by SMS Companies and their creditors was approved by the United States Bankruptcy Court, Northern District of Texas - Dallas Division on August 1, 2007. The Plan, which contemplates the Company entering into a reverse merger transaction, provided that certain identified claimants as well as unsecured creditors, in accordance with the allocation provisions of the Plan of Reorganization, and the Company’s new controlling stockholder would receive “new” shares of the Company’s post-reorganization common stock, pursuant to Section 1145(a) of the Bankruptcy Code (Plan Shares). As a result of the Plan’s approval, all liens, security interests, encumbrances and other interests, as defined in the Plan of Reorganization, attach to the creditor’s trust. Specific injunctions prohibit any of these claims from being asserted against the Company prior to the contemplated reverse merger.

All assets, liabilities and other claims, including “Allowed Administrative Claims” which arise in the processing of the bankruptcy proceedings, against the Company and it’s affiliated entities were combined into a single creditor’s trust for the purpose of distribution of funds to creditors. Each of the individual SMS Companies entities otherwise remained separate corporate entities. From the commencement of the bankruptcy proceedings through August 1, 2007 (the confirmation date of the plan of reorganization), all secured claims and/or administrative claims during this period were satisfied through either direct payment or negotiation.

Pursuant to the ~~Plan~~confirmation order, ~~the~~if ~~pre-confirmation~~we ~~unsecured~~had ~~creditors~~not ofconsummated ~~Senior~~the ~~Management~~December ~~Services~~10, of2012 ~~Humble~~transaction, ~~Inc.~~the ~~(our predecessor company) agreed to accept~~ Plan Shares inwould ~~SMSA~~have ~~Humble~~been ~~Acquisition~~deemed ~~Corp.,~~canceled asand ~~reorganized,~~we inwould ~~lieu~~have offiled ~~asserting~~dissolution ~~recovery~~papers ofwith ~~their~~the ~~claims~~State ~~against~~of Nevada, the ~~Plan’s~~pre-merger ~~liquidating~~or ~~trust. As~~acquisition ~~previously~~injunction ~~discussed,~~provisions of the confirmation order, ~~provided~~as ~~for~~they anpertain ~~injunction~~to ~~protecting~~ us, ~~from~~would ~~the~~have ~~claims~~been ofdeemed ~~the~~dissolved ~~pre-confirmation~~and ~~unsecured~~no ~~creditors~~discharge ~~while~~would ~~the~~have ~~Company~~been ~~pursues~~granted ato ~~business~~us, ~~combination~~all ~~with~~without anfurther ~~operating~~order ~~business~~of the bankruptcy court.

The ~~August~~SMS ~~2012~~Companies ~~stock~~bankruptcy ~~purchase~~case ~~transaction~~is ~~effected~~closed ~~with~~as ~~Galoppi did not satisfy the Company’s obligation to complete~~ a ~~combination~~final ~~transaction~~decree ~~with~~has anbeen ~~operating business on or before August 10, 2012, as mandated by the Plan~~entered. ~~Pursuant~~The toconfirmation ~~the~~order ~~Stock Purchase Agreement, the Company is afforded 120 days from the closing date~~ of the ~~stock~~Plan ~~purchase~~was toeffective ~~consummate~~in aDecember ~~transaction~~2012. No ~~with~~appeal anwas ~~operating business identified by the Purchaser~~filed. IfThere ~~the~~is ~~Company~~no ~~fails~~continuing tojurisdiction ~~complete~~being aexercised ~~business~~by ~~combination~~the ~~prior~~bankruptcy tocourt ~~December~~over 10us, ~~2012,~~or ~~all~~any ~~shares~~ of the ~~Company’s~~SMS ~~issued~~Companies, ~~common~~other ~~stock~~than ~~will~~the beacceptance ~~deemed~~of ~~cancelled,~~a ~~the~~certificate ~~Company~~of ~~will~~compliance ~~file~~filed ~~dissolution~~by ~~documents~~us ~~with~~upon the ~~State~~timely completion of ~~Nevada~~a ~~and~~merger ~~will~~or ~~cease to exist~~acquisition.

Accordingly, the discharge provided in the Plan to the Company will not be effective. In such event, the pre-confirmation unsecured creditors could attempt to assert their pre-confirmation claims against us and the Plan liquidating trust. However, since the Plan did not contemplate, anticipate or provide that the Company would accumulate any assets prior to a business combination, the Company will have no assets against which pre-confirmation creditors could assert their claims upon our dissolution. Further, the Plan did not provide for the retention of any assets or funds in the Plan’s liquidating trust to pay the pre-confirmation unsecured creditors if the Company failed to timely consummate a business combination. Therefore, it is very unlikely that the pre-confirmation unsecured creditors would be able to recover any portion of their pre-confirmation claims. The Company’s management is of the opinion that no contingent liabilities exist subsequent to August 1, 2007 (date of bankruptcy settlement).

The Company’s Plan of Reorganization was confirmed by the Bankruptcy Court on August 1, 2007 and became effective on August 10, 2007. It was determined that SMSA Humble Acquisition Corp’s reorganization value computed immediately before August 1, 2007, the confirmation date of the Plan of Reorganization, was approximately $1,000, which consisted of the following:

Current assets to be transferred to the post-confirmation entity	$	1,000
Fair market value of property and equipment		-
Deposits with vendors and other assets transferred
to the post-confirmation entity		-

Reorganization value	$	1,000

Pursuant to the Plan of Reorganization, all of the operations of the Company were transferred to a combined creditor’s trust and, as approved by the Bankruptcy Court, a completely new entity was formed for purposes of completing the aforementioned reverse merger transaction. The Company adopted fresh-start reporting because the holders of existing voting shares immediately before filing and confirmation of the Plan received less than 50.0% of the voting shares of the emerging entity and its reorganization value is not greater than its postpetition liabilities and allowed claims, as shown below:

Postpetition current liabilities	$	-
Liabilities deferred pursuant to Chapter 11 proceeding		-
“New” common stock issued upon reorganization		1,000

Total postpetition liabilities and allowed claims		1,000
Reorganization value		(1,000	)

Excess of liabilities over reorganization value	$	-

SMSA Humble Acquisition Corp.

(a development stage company)

Notes to Financial Statements - Continued

~~September~~March 3031, ~~2012~~2013 and December 31, ~~2011~~2012

Note B - Reorganization Under Chapter 11 of the U. S. Bankruptcy Code - Continued

Postpetition current liabilities	$	-
Liabilities deferred pursuant to Chapter 11 proceeding		-
“New” common stock issued upon reorganization		1,000
Total postpetition liabilities and allowed claims		1,000
Reorganization value		(1,000	)
Excess of liabilities over reorganization value	$	-

The reorganization value of SMSA Humble Acquisition Corp. was determined in consideration of several factors and by reliance on various valuation methods, including discounting cash flow and price/earnings and other applicable ratios. The factors considered by SMSA Humble Acquisition Corp. included the following:

●

Forecasted operating and cash flows results which gave effect to the estimated impact of

Corporate restructuring and other operating program changes

Limitations on the use of available net operating loss carryforwards and other tax attributes resulting from the Plan of Reorganization and other events

●

The discounted residual value at the end of the forecast period based on capitalized cash flows for the last year of that period.

●

Market share and position

●

Competition and general economic conditions

●

Projected sales growth

●

Potential profitability

●

Seasonality and working capital requirements

After consideration of SMSA Humble Acquisition Corp.’s debt capacity and other capital structure considerations, such as industry norms, projected earnings to fixed charges, projected earnings before interest and projected free cash flow to debt service and other applicable ratios, management determined that SMSA Humble Acquisition Corp.’s reorganization capital structure should be as follows:

Common Stock (530,612 “new” shares to be issued at $0.001 par value)	$	531
Additional paid-in capital		469

Total reorganized capital structure	$	1,000

As previously described, the cancellation of all existing shares outstanding at the date of the bankruptcy filing and the issuance of all “new” shares of the reorganized entity caused an issuance of shares of common stock and a related change of control of the Company with more than 50.0% of the “new” shares being held by persons and/or entities which were not pre-bankruptcy stockholders. Accordingly, per the Reorganization topic of the FASB Accounting Standards Codification (Reorganization topic), the Company adopted fresh-start accounting as of the bankruptcy discharge date whereby all continuing assets and liabilities of the Company were restated to the fair market value. The Reorganization topic further states that fresh start financial statements prepared by entities emerging from bankruptcy will not be comparable with those prepared before their plans were confirmed because they are, in fact, those of a new entity. For accounting purposes, the Company adopted fresh start accounting in accordance with the Reorganization topic as of August 1, 2007, the confirmation date of the Plan.

SMSA Humble Acquisition Corp.

(a development stage company)

Notes to Financial Statements - Continued

September 30, 2012 and December 31, 2011

Note B - Reorganization Under Chapter 11 of the U. S. Bankruptcy Code - Continued

As of August 1, 2007, in accordance with the Plan of Reorganization, the only asset of the Company was approximately $1,000 in cash transferred from the bankruptcy creditor’s trust.

Note C - Preparation of Financial Statements

The Company follows the accrual basis of accounting in accordance with generally accepted accounting principles and has established a year-end for accounting purposes of December 31.

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud. The Company’s system of internal accounting control is designed to assure, among other items, that 1) recorded transactions are valid; 2) valid transactions are recorded; and 3) transactions are recorded in the proper period in a timely manner to produce financial statements which present fairly the financial condition, results of operations and cash flows of the Company for the respective periods being presented.

During interim periods, the Company follows the accounting policies set forth in its annual audited financial statements filed with the U. S. Securities and Exchange Commission on its Annual Report on Form 10-K containing the Company’s financial statements for the year ended December 31, 2011. The information presented within these interim financial statements may not include all disclosures required by generally accepted accounting principles and the users of financial information provided for interim periods should refer to the annual financial information and footnotes when reviewing the interim financial results presented herein.8

InSMSA ~~the~~Humble ~~opinion~~Acquisition ~~of management, the accompanying interim financial statements, prepared in accordance with the U~~Corp. S. Securities and Exchange Commission’s instructions for Form 10-Q, are unaudited and contain all material adjustments, consisting only of normal recurring adjustments necessary to present fairly the financial condition, results of operations and cash flows of the Company for the respective interim periods presented. The current period results of operations are not necessarily indicative of results which ultimately will be reported for the full fiscal year ending December 31, 2012.

(a development stage company)

Notes to Financial Statements - Continued

March 31, 2013 and December 31, 2012

Note D - Going Concern Uncertainty

The Company has no post-bankruptcy operating history, limited cash on hand, no operating assets and has a business plan with inherent risk. Because of these factors, the Company’s auditors have issued an audit opinion on the Company’s annual financial statements which includes a statement describing our going concern status. This means, in our auditor’s opinion, substantial doubt about our ability to continue as a going concern exists at the date of their opinion.

In accordance with the confirmed plan of reorganization, our current business plan is to seek to identify a privately-held operating company desiring to become a publicly held company by merging with the Company through a reverse merger or acquisition. However, there is no assurance that the Company will be able to successfully implement this business plan or that the execution of the same will in the appreciation of our stockholders’ investment in the Company’s common stock.

The Company's ultimate continued existence is dependent upon its ability to generate sufficient cash flows from operations to support its daily operations as well as provide sufficient resources to retire existing liabilities and obligations on a timely basis. The Company faces considerable risk in it’s business plan and a potential shortfall of funding due the potential inability to raise capital in the equity securities market. If adequate operating capital and/or cash flows are not received during the next twelve months, the Company could become dormant until such time as necessary funds could be raised or provided as set forth in the Plan.

SMSA Humble Acquisition Corp.

(a development stage company)

Notes to Financial Statements - Continued

September 30, 2012 and December 31, 2011

Note D - Going Concern Uncertainty - Continued

The Company anticipates future sales or issuances of equity securities to fulfill its business plan. However, there is no assurance that the Company will be able to obtain additional funding through the sales of additional equity securities or, that such funding, if available, will be obtained on terms favorable to or affordable by the Company.

The Company’s Articles of Incorporation authorize the issuance of up to 10,000,000 shares of preferred stock and 100,000,000 shares of common stock. The Company’s ability to issue preferred stock may limit the Company’s ability to obtain debt or equity financing as well as impede potential takeover of the Company, which may be in the best interest of stockholders. The Company’s ability to issue these authorized but unissued securities may also negatively impact our ability to raise additional capital through the sale of our debt or equity securities.

While the Company is of the opinion that good faith estimates of the Company’s ability to secure additional capital in the future to reach its goals have been made, there is no guarantee that the Company will receive sufficient funding to sustain operations or implement any future business plan steps.

Note E - Summary of Significant Accounting Policies

1.	Cash and cash equivalents

The Company considers all cash on hand and in banks, certificates of deposit and other highly-liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents.

2.	Reorganization costs

The Company has adopted the provisions required by the Start-Up Activities topic of the FASB Accounting Standards Codification whereby all costs incurred with the incorporation and reorganization of the Company were charged to operations as incurred.

3.	Income taxes

The Company files income tax returns in the United States of America and various states, as appropriate and applicable. As a result of the Company’s bankruptcy action, the Company is no longer subject to U.S. federal, state and local, as applicable, income tax examinations by regulatory taxing authorities for any period prior to January 1, ~~2009~~2010. The Company does not anticipate any examinations of returns filed for periods ending after December 31, 2009.

The Company uses the asset and liability method of accounting for income taxes. At September 30, 2012 and December 31, 2011, respectively, the deferred tax asset and deferred tax liability accounts, as recorded when material to the financial statements, are entirely the result of temporary differences. Temporary differences generally represent differences in the recognition of assets and liabilities for tax and financial reporting purposes, primarily accumulated depreciation and amortization, allowance for doubtful accounts and vacation accruals, as well as the potential impact of any net operating loss carryforwards (s) and their potential utilization.9

The Company has adopted the provisions required by the Income Taxes topic of the FASB Accounting Standards Codification. The Codification Topic requires the recognition of potential liabilities as a result of management’s acceptance of potentially uncertain positions for income tax treatment on a “more-likely-than-not” probability of an assessment upon examination by a respective taxing authority. As a result of the implementation of Codification’s Income Tax Topic, the Company did not incur any liability for unrecognized tax benefits.

4. Income (Loss) per share

Basic earnings (loss) per share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the respective period presented in our accompanying financial statements.

SMSA Humble Acquisition Corp.

(a development stage company)

Notes to Financial Statements - Continued

~~September~~March 3031, ~~2012~~2013 and December 31, ~~2011~~2012

Note E - Summary of Significant Accounting Policies - Continued

43. Income ~~(Loss)~~taxes ~~per share~~ - continued

The Company uses the asset and liability method of accounting for income taxes. At March 31, 2013 and December 31, 2012, respectively, the deferred tax asset and deferred tax liability accounts, as recorded when material to the financial statements, are entirely the result of temporary differences. Temporary differences generally represent differences in the recognition of assets and liabilities for tax and financial reporting purposes, primarily accumulated depreciation and amortization, allowance for doubtful accounts and vacation accruals, as well as the potential impact of any net operating loss carryforwards (s) and their potential utilization.

4.	Income (Loss) per share

Fully diluted earnings (loss) per share is computed similar to basic income (loss) per share except that the denominator is increased to include the number of common stock equivalents (primarily outstanding options and warrants).

Common stock equivalents represent the dilutive effect of the assumed exercise of the outstanding stock options and warrants, using the treasury stock method, at either the beginning of the respective period presented or the date of issuance, whichever is later, and only if the common stock equivalents are considered dilutive based upon the Company’s net income (loss) position at the calculation date.

As of ~~September~~March 3031, ~~2012~~2013 orand ~~2011~~December 31, 2012, respectively, the Company had no outstanding stock warrants, options or convertible securities which could be considered as dilutive for purposes of the loss per share calculation.

5.	Recent Accounting Pronouncements

The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flows.

Note F - Fair Value of Financial Instruments

The carrying amount of cash, accounts receivable, accounts payable and notes payable, as applicable, approximates fair value due to the short term nature of these items and/or the current interest rates payable in relation to current market conditions.

Interest rate risk is the risk that the Company’s earnings are subject to fluctuations in interest rates on either investments or on debt and is fully dependent upon the volatility of these rates. The Company does not use derivative instruments to moderate its exposure to interest rate risk, if any.

Financial risk is the risk that the Company’s earnings are subject to fluctuations in interest rates or foreign exchange rates and are fully dependent upon the volatility of these rates. The Company does not use derivative instruments to moderate its exposure to financial risk, if any.

~~Note G - Related Party Transactions~~10

The Plan provides that all costs and expenses associated with or related to our reincorporation in the State of Nevada, any subsequent mergers or business combination transactions, issuance of the Plan Shares, any filings with the U. S. Securities and Exchange Commission or other regulatory bodies, our operating expenses (including circumstantial use of office equipment and administrative services), in addition to providing assistance with formulating the structure of any proposed business combination transaction is the responsibility of Halter Financial Group, L. P. (HFG), an entity controlled by the Company’s sole officer and director and the Company’s controlling stockholder. The Plan also states that HFG is not entitled to receive any repayment of such expenses prior to, or as a conditions of, a merger or acquisition.

HFG managed the $1,000 in cash transferred from the bankruptcy creditor’s trust on our behalf until exhausted and has contributed approximately $11,900 and $14,970 during the nine months ended September 30, 2012 and the year ended December 31, 2011, respectively, to support our operations. The contributed capital has been reflected as a component of additional paid-in capital in the accompanying balance sheet.

SMSA Humble Acquisition Corp.

(a development stage company)

Notes to Financial Statements - Continued

~~September~~March 3031, ~~2012~~2013 and December 31, ~~2011~~2012

Note G - Related Party Transactions

The Plan provides that all costs and expenses associated with or related to our reincorporation in the State of Nevada, any subsequent mergers or business combination transactions, issuance of the Plan Shares, any filings with the U. S. Securities and Exchange Commission or other regulatory bodies, our operating expenses (including circumstantial use of office equipment and administrative services), in addition to providing assistance with formulating the structure of any proposed business combination transaction is the responsibility of Halter Financial Group, L. P. (HFG), an entity controlled by the Company’s former sole officer and director and the Company’s former controlling stockholder. The Plan also states that HFG is not entitled to receive any repayment of such expenses prior to, or as a conditions of, a merger or acquisition.

HFG managed the $1,000 in cash transferred from the bankruptcy creditor’s trust on our behalf until exhausted and has contributed approximately $3,974 and $14,978 during the three months ended March 31, 2013 and the year ended December 31, 2012, respectively, to support our operations. The contributed capital has been reflected as a component of additional paid-in capital in the accompanying balance sheet.

Note H - Income Taxes

The components of income tax (benefit) expense for each of the ~~nine~~three ~~month~~months ~~periods~~ ended ~~September~~March 3031, ~~2012~~2013 and ~~2011~~2012 and for the period from August 1, 2007 (date of bankruptcy settlement) through ~~September~~March 3031, ~~2012~~2013 are as follows:

					Period from
					August 1, 2007
					(date of
					bankruptcy
	Nine months		Nine months		settlement)
	Three months		Three months		settlement)
	ended		ended		through
	September 30,		September 30,		September 30,
	March 31,		March 31,		March 31,
	2012		2011		2012
	2013		2012		2013
Federal:
Current	$	-	$	-	$	-
Deferred		-		-		-
		-		-		-
State:
Current		-		-		-
Deferred		-		-		-
		-		-		-
Total	$	-	$	-	$	-

As of ~~September~~March 3031, ~~2012~~2013, the Company has a net operating loss carryforward of approximately $4047,000 to offset future taxable income. The amount and availability of any net operating loss carryforwards will be subject to the limitations set forth in the Internal Revenue Code. Such factors as the number of shares ultimately issued within a three year look-back period; whether there is a deemed more than 50 percent change in control; the applicable long-term tax exempt bond rate; continuity of historical business; and subsequent income of the Company all enter into the annual computation of allowable annual utilization of any net operating loss carryforward(s).

~~The Company's income tax expense~~ (~~benefit)~~Remainder ~~for each~~ of ~~the~~this ~~nine~~page ~~month~~left ~~periods~~blank ~~ended September 30, 2012 and 2011 and for the period from August 1, 2007 (date of bankruptcy settlement~~intentionally) ~~through September 30, 2012 varied from the statutory rate of 34% as follows:~~

							Period from
							August 1, 2007
							(date of
							bankruptcy
	Nine months			Nine months			settlement)
	ended			ended			through
	September 30,			September 30,			September 30,
	2012			2011			2012
Statutory rate applied to
income before income taxes	$	(4,100	)	$	(4,700	)	$	(13,600	)
Increase (decrease) in income
taxes resulting from:
State income taxes		-			-			-
Other, including reserve for
deferred tax asset and application
of net operating loss carryforward		4,100			4,700			13,600
Income tax expense	$	-		$	-		$	-

SMSA Humble Acquisition Corp.

(a development stage company)

Notes to Financial Statements - Continued

~~September~~March 3031, ~~2012~~2013 and December 31, ~~2011~~2012

Note H - Income Taxes - Continued

The Company’'s ~~only~~income ~~temporary~~tax ~~difference~~expense ~~due~~(benefit) tofor ~~statutory~~each ~~requirements~~of in the ~~recognition~~three ofmonth ~~assets~~periods ~~and~~ended ~~liabilities~~March ~~for~~31, ~~tax~~2013 and ~~financial reporting purposes, as of September 30,~~ 2012 and ~~December~~for ~~31,~~the ~~2011,~~period ~~respectively,~~from ~~relate~~August ~~solely~~1, to2007 ~~the~~(date ~~Company’s~~of ~~net~~bankruptcy ~~operating~~settlement) ~~loss~~through ~~carryforward(s). This~~March ~~difference~~31, ~~gives~~2013 ~~rise~~varied tofrom the ~~financial~~statutory ~~statement~~rate ~~carrying amounts and tax bases~~ of ~~assets~~34% ~~and liabilities causing either deferred tax assets or liabilities,~~ as ~~necessary, as of September 30, 2012 and December 31, 2011, respectively~~follows:

	September 30,			December 31,
							Period from
	2012			2011
							August 1, 2007
Deferred tax assets
							(date of
Net operating loss carryforwards	$	13,600		$	9,500
							bankruptcy
Less valuation allowance		(13,600	)		(9,500	)
	Three months			Three months			settlement)
Net Deferred Tax Asset	$	-		$	-
	ended			ended			through
	March 31,			March 31,			March 31,
	2013			2012			2013
Statutory rate applied to
income before income taxes	$	(1,400	)	$	(1,200	)	$	(16,000	)
Increase (decrease) in income
taxes resulting from:
State income taxes		-			-			-
Other, including reserve for
deferred tax asset and application
of net operating loss carryforward		1,400			1,200			16,000
Income tax expense	$	-		$	-		$	-

~~During~~The Company’s only temporary difference due to statutory requirements in the ~~nine~~recognition ~~months~~of ~~ended~~assets ~~September~~and ~~30,~~liabilities ~~2012~~for tax and ~~the~~financial ~~year~~reporting ~~ended~~purposes, as of March 31, 2013 and December 31, ~~2011~~2012, respectively, relate solely to the ~~valuation~~Company’s ~~allowance~~net ~~for~~operating loss carryforward(s). This difference gives rise to the financial statement carrying amounts and tax bases of assets and liabilities causing either deferred tax ~~asset~~assets ~~increased~~or byliabilities, ~~approximately~~as $4necessary,~~100~~ as of March 31, 2013 and $5December 31,~~100.~~ 2012, respectively:

	March 31,			December 31,
	2013			2012
Deferred tax assets
Net operating loss carryforwards	$	16,000		$	14,600
Less valuation allowance		(16,000	)		(14,600	)

Net Deferred Tax Asset	$	-		$	-

During each of the three months ended March 31, 2013 and the year ended December 31, 2012, respectively, the valuation allowance for the deferred tax asset increased by approximately $1,400 and $5,100.

Note I - Capital Stock Transactions

Pursuant to the Plan affirmed by the U. S. Bankruptcy Court - Northern District of Texas - Dallas Division, the Company will issue a sufficient number of Plan shares to meet the requirements of the Plan. Such number was estimated in the Plan to be approximately 500,000 Plan Shares relative to each Post Confirmation Debtor.

As provided in the Plan, 80.0% of the Plan Shares of the Company were issued t0to Halter Financial Group, Inc. (HFG) in exchange for the release of its Allowed Administrative Claims, the performance of certain services and the payment of certain fees related to the anticipated reverse merger or acquisition transactions described in the Plan. The remaining 20.0% of the Plan Shares of the Company were issued to other holders of various claims as defined in the Plan.

Based upon the calculations provided by the Creditor’s Trustee, the Company issued an aggregate 530,612 shares of the Company’s “new” common stock to all unsecured creditors and the controlling stockholder in settlement of all unpaid pre-confirmation obligations of the Company and/or the bankruptcy trust.

Effective May 3, 2010, HFG transferred its 400,000 Plan Shares to Halter Financial Investments, L.P. (HFI), a Texas limited partnership controlled by the Company’s former sole officer and director, who is also the controlling officer of HFG.12

OnSMSA ~~August~~Humble 6,Acquisition ~~2012, the Company entered into a Share Purchase Agreement with Galoppi pursuant to which he acquired 9,500,000 shares of our common stock for approximately $9,500 cash or $0~~Corp.001 per share. As a result of this transaction, 10,030,612 shares of our common stock are currently issued and outstanding. The Company relied upon Section 4(2) of the Securities Act of 1933, as amended, for an exemption from registration on these shares and no underwriter was used in this transaction.

(a development stage company)

Notes to Financial Statements - Continued

March 31, 2013 and December 31, 2012

Note I - Capital Stock Transactions - Continued

Effective May 3, 2010, HFG transferred its 400,000 Plan Shares to Halter Financial Investments, L.P. (HFI), a Texas limited partnership controlled by Timothy P. Halter, who is also the controlling officer of HFG.

On August 6, 2012, the Company entered into the Share Purchase Agreement with Galoppi pursuant to which he acquired 9,500,000 shares of our common stock for approximately $9,500 cash or $0.001 per share. As a result of this transaction, 10,000,005 shares of our common stock are currently issued and outstanding. The Company relied upon Section 4(2) of the Securities Act of 1933, as amended, for an exemption from registration on these shares and no underwriter was used in this transaction.

On December 10, 2012, Galoppi sold 9,490,000 of the aforementioned shares to Patrick D. Souter (Souter) for approximately $9,490.00 or $0.001 per share. There was no change in our total issued and outstanding shares as a result of this transaction. The sellers and the Company relied upon Section 4(2) of the Securities Act of 1933, as amended, for an exemption from registration on these shares and no underwriter was used in this transaction.

Note J - Subsequent Events

Management has evaluated all activity of the Company through ~~October~~May 261, ~~2012~~2013 (the issue date of the financial statements) and concluded that no subsequent events have occurred that would require recognition in the financial statements or disclosure in the notes to financial statements.

Part I - Item 2

Management’s Discussion and Analysis of Financial Condition and Results of Operations

(1) Caution Regarding Forward-Looking Information

Certain statements contained in this quarterly filing, including, without limitation, statements containing the words "believes", "anticipates", "expects" and words of similar import, constitute forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Such factors include, among others, the following: international, national and local general economic and market conditions: demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to successfully make and integrate acquisitions; existing government regulations and changes in, or the failure to comply with, government regulations; adverse publicity; competition; fluctuations and difficulty in forecasting operating results; changes in business strategy or development plans; the ability to attract and retain qualified personnel; and other factors referenced in this and previous filings.

Given these uncertainties, readers of this Form 10-Q and investors are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.

(2) General

~~SMSA~~The ~~Humble Acquisition Corp. (~~Company) was organized on May 3, 2010 as a Nevada corporation to effect the reincorporation of Senior Management Services of Humble, Inc., a Texas corporation, mandated by the plan of reorganization ~~discussed below~~.

The Company~~’s emergence from Chapter 11 of Title 11 of the United States Code on August 1~~, 2007 created the combination of a change in majority ownership and voting control - that is, loss of control by the then-existing stockholders, a court-approved reorganization, and a reliable measure of the entity’s fair value - resulting in a fresh start, creating, in substance, a new reporting entity. Accordingly, the Company, post bankruptcy, has limited cash, no ~~significant~~operating assets, ~~liabilities~~no or operating activities~~. Therefore,~~ ~~the Company~~and, as a new reporting entity, qualifies as a “development stage enterprise” as defined in Development Stage Entities topic of the FASB Accounting Standards Codification and as a shell company as defined in Rule 405 under the Securities Act ~~of 1933, as amended (“Securities Act’),~~ and Rule 12b-2 under the ~~Securities~~ Exchange Act ~~of 1934, as amended (“Exchange Act”)~~. ~~As a shell company, we have no operations and no or nominal assets. Our principal office is located at 5521 Riviera Drive, Coral Gables, FL 33146 and our telephone number is (305) 799-9094.~~

OnOur ~~August~~current 6,business ~~2012,~~plan ~~the~~is ~~Company~~to ~~entered~~operate ~~into~~ a ~~Share~~cattle ~~Purchase~~breeding ~~Agreement~~enterprise ~~(Share~~located ~~Purchase~~in ~~Agreement)~~the ~~with~~State ~~Pierre Galoppi (Galoppi), a resident~~ of ~~Coral Gables, Florida, pursuant to which he acquired 9,500,000 shares of our common stock for approximately $9,500 cash or $0~~Texas.~~001 per share. As a result of this transaction, 10,030,612 shares of our common stock are currently issued and outstanding.~~

Our current business plan is to identify and enter into a business combination transaction with a privately held Ecuadorian based business seeking access to the U. S. capital markets.

The August 2012 stock purchase transaction effected with Galoppi did not satisfy the Company’s obligation to complete a combination transaction with an operating business on or before August 10, 2012, as mandated by the Plan. Pursuant to the Stock Purchase Agreement, the Company is afforded 120 days from the closing date of the stock purchase to consummate a transaction with an operating business identified by the Purchaser. If the Company fails to complete a business combination prior to December 10, 2012, all shares of the Company’s issued common stock will be deemed cancelled, the Company will file dissolution documents with the State of Nevada and will cease to exist.

(3) Results of Operations

The Company had no revenue for either of the ~~nine~~three month periods ended ~~September~~March 3031, ~~2012~~2013 or ~~2011~~2012 or for the period from August 1, 2007 (date of bankruptcy settlement) through ~~September~~March 3031, ~~2012~~2013.

General and administrative expenses for the respective ~~nine~~three ~~month~~months ~~periods~~ ended ~~September~~March 3031, ~~2012~~2013 and ~~2011~~2012 were approximately $124,000 and $133,~~800~~400. These expenses were directly related to the maintenance of the corporate entity and the preparation and filing of a registration statement and other periodic reports pursuant to the Exchange Act.

It is anticipated that future expenditure levels will fluctuate as the Company complies with its periodic reporting requirements and implements its business plan.

Earnings per share for the ~~nine~~three ~~months~~month periods ended ~~September~~March 3031, ~~2012~~2013 and ~~2011~~2012 and for the period from August 1, 2007 (date of bankruptcy settlement) through ~~September~~March 3031, ~~2012~~2013 were approximately $(0.00), $(0.0301) and $(0.0503) based on the weighted-average shares issued and outstanding.

The Company does not expect to generate any meaningful revenue or incur operating expenses for purposes other than fulfilling the obligations of a reporting company under the Exchange Act unless and until such time that the Company’s executes upon its current business plan.

(4) Liquidity and Capital Resources

At ~~September~~March 3031, ~~2012~~2013 and December 31, ~~2011~~2012, the Company had working capital of approximately $9,~~300~~500 and $9,500, respectively.

$-0-, respectively.

The Company currently has limited cash on hand, no operating assets and a business plan with inherent risk. Because of these factors, the Company’s auditors have issued an audit opinion on the Company’s financial statements which includes a statement describing our going concern status. This means, in the auditor’s opinion, substantial doubt about our ability to continue as a going concern exists at the date of their opinion.

Our current business plan is to identify and enter into a business combination transaction with a privately held Ecuadorian based business seeking access to the U. S. capital markets.

It is the belief of management and significant stockholders that they will provide sufficient working capital necessary to support and preserve the integrity of the corporate entity. However, there is no legal obligation for either management or significant stockholders to provide additional future funding. Further, the Company is at the mercy of future economic trends and business operations for the Company’s majority stockholder to have the resources available to support the Company. Should this pledge fail to provide financing, the Company has not identified any alternative sources. Consequently, there is substantial doubt about the Company's ability to continue as a going concern.

Regardless of whether the Company’s cash assets prove to be inadequate to meet the Company’s operational needs, the Company might seek to compensate providers of services by issuances of stock in lieu of cash.

(5) Critical Accounting Policies

Our financial statements and related public financial information are based on the application of accounting principles generally accepted in the United States (“GAAP”). GAAP requires the use of estimates;, assumptions, judgments and subjective interpretations of accounting principles that have an impact on the assets, liabilities, revenue and expense amounts reported. These estimates can also affect supplemental information contained in our external disclosures including information regarding contingencies, risk and financial condition. We believe our use of estimates and underlying accounting assumptions adhere to GAAP and are consistently and conservatively applied. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances. Actual results may differ materially from these estimates under different assumptions or conditions. We continue to monitor significant estimates made during the preparation of our financial statements.

Our significant accounting policies are summarized in Note E of our financial statements. While all these significant accounting policies impact our financial condition and results of operations, we view certain of these policies as critical. Policies determined to be critical are those policies that have the most significant impact on our financial statements and require management to use a greater degree of judgment and estimates. Actual results may differ from those estimates. Our management believes that given current facts and circumstances, it is unlikely that applying any other reasonable judgments or estimate methodologies would cause effect on our consolidated results of operations, financial position or liquidity for the periods presented in this report.

(6) Effect of Climate Change Legislation

The Company currently has no known or identified exposure to any current or proposed climate change legislation which could negatively impact the Company’s operations or require capital expenditures to become compliant. Additionally, any currently proposed or to-be-proposed-in-the-future legislation concerning climate change activities, business operations related thereto or a publicly perceived risk associated with climate change could, potentially, negatively impact the Company’s efforts to identify an appropriate target company which may wish to enter into a business combination transaction with the Company.

Item 3 - Quantitative and Qualitative Disclosures About Market Risk

In future periods, the Company may become subject to certain market risks, including changes in interest rates and currency exchange rates. At the present time, the Company has no identified exposure and does not undertake any specific actions to limit exposures, if any.

Item 4 - Controls and Procedures

(a)	Evaluation of Disclosure Controls and Procedures

Our management, under the supervision and with the participation of our Chief Executive and Financial Officer (Certifying Officer), has evaluated the effectiveness of our disclosure controls and procedures as defined in Rules 13a-15 promulgated under the Exchange Act as of the end of the period covered by this Quarterly Report. Disclosure controls and procedures are controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms and include controls and procedures designed to ensure that information we are required to disclose in such reports is accumulated and communicated to management, including our Certifying Officer, as appropriate, to allow timely decisions regarding required disclosure. Based upon that evaluation, our Certifying Officer concluded that as of such date, our disclosure controls and procedures were not effective to ensure that the information required to be disclosed by us in our reports is recorded, processed, summarized and reported within the time periods specified by the SEC due to a inherent weakness in our internal controls over financial reporting due to our status as a shell corporation and having a sole officer and director. However, our Certifying Officer believe that the financial statements included in this report fairly present, in all material respects, our financial condition, results of operations and cash flows for the respective periods presented.

(b)	Changes in Internal Controls

There were no significant changes (including corrective actions with regard to significant deficiencies or material weaknesses) in our internal controls over financial reporting that occurred during the quarter ended ~~September~~March 3031, ~~2012~~2013 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Part II - Other Information

Item 1 - Legal Proceedings

None

Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds

None

Item 3 - Defaults Upon Senior Securities

None

Item 4 - Mine Safety Disclosures

N/A

Item 5 - Other Information

None

Item 6 - Exhibits

31.1 Certification pursuant to Section 302 of Sarbanes-Oxley Act of 2002

32.1 Certification pursuant to Section 906 of Sarbanes-Oxley Act of 2002

101 Interactive data files pursuant to Rule 405 of Regulation S-T.

(Signatures follow on next page)

SIGNATURES

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

	SMSA Humble Acquisition Corp.
Dated: November 2, 2012	/s/ Pierre Galoppi
Dated: May 13, 2013	/s/ Patrick D. Souter
	Pierre Galoppi
	Patrick D. Souter
	President, Chief Executive Officer,
	Chief Financial Officer and Sole Director

1716

Filing Compare · SMSA Humble Acquisition Corp