United States

Securities and Exchange Commission

Washington, DC 20549

FORM ~~10Q~~10-Q

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE

SECURITIES AND EXCHANGE ACT OF 1934

For the quarterly period ended ~~June~~September 30, 2011

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

EXCHANGE ACT

Commission file Number 000-53338

SMART VENTURES , INC.

Exact name of small business issuer as specified in its charter

Nevada 98-0427221

(State or other jurisdiction of Incorporation) I.R.S. Employer No.

incorporation or organization)

Identification Number

55 Harvest Wood Way NE Calgary, AB T3K 3X5

(Address of principal executive office)

403-922-4583

Issuer's telephone number

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark whether the registrant 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__ No _X_

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.

Large accelerated Filer

[ ]

Accelerated Filer

[ ]

Non-accelerated Filer

[ ]

Small Reporting Company [X]

Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act Yes [ X ] No[ ]

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY

PROCEEDINGS DURING THE ~~PAST~~PRECEDING FIVE YEARS

~~Check~~Indicate by check mark whether the ~~registrant~~Registrant has filed all documents and reports required to be filed by Section 12, 13, or 15 (d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes _________ No___________

ToAPPLICABLE beONLY ~~filed~~TO byCORPORATE ~~Section 12, 13 or 15 (d) of the Exchange Act after the distribution of~~ISSUERS:

~~Securities~~Indicate ~~under~~the anumber ~~plan~~of ~~confirmed~~shares byoutstanding aof ~~court.~~each of the issuer’s classes of Common Stock as of the latest practicable date: ~~Yes~~33,000,0000 shares ~~____~~of Common Stock as of NoDecember ~~____~~5, 2011.

APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the Issuer's

Common equity as of the last practicable date: 33,000,000 shares

Transitional Small Business Disclosure Format (check one) Yes ___ No 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 [__]

As of the date of this report the Registrant had 33,000,000 shares issued and outstanding

Item 1.

Smart Ventures , Inc.

(An Exploration Stage Company)

INTERIM FINANCIAL STATEMENTS

SMART VENTURES, INC.

(AN EXPLORATION STAGE COMPANY)

BALANCE SHEETS

ASSETS
	June 30,	December 31,
	September 30,	December 31,
	2011	2010
Current Assets:
	(Unaudited)
Cash	$ -	$ -
Current Assets:
Total Current Assets	$ -	$ -
Cash	$ -	$ -
Total Assets	$ -	$ -
Total Current Assets	$ -	$ -
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Total Assets	$ -	$ -
Current Liabilities:
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Accounts payable	99,790	90,400
Current Liabilities:
Advances from shareholders	28,330	13,765
Accounts payable	103,190	90,400
Total Current Liabilities	128,120	104,165
Advances from shareholders	28,330	13,765
Stockholders' Equity (Deficit):
Total Current Liabilities	131,520	104,165
Preferred stock, $.001 par value; authorized 5,000,000, none issued	-	-
Stockholders' Equity (Deficit):
Common stock, $.001 par value; 200,000,000 shares authorized
Preferred stock, $.001 par value; authorized 5,000,000, none issued	-	-
33,000,000 shares issued and outstanding at June 30, 2011
Common stock, $.001 par value; 200,000,000 shares authorized
and December 31, 2010, respectively	33,000	33,000
33,000,000 shares issued and outstanding at September 30, 2011
Additional paid in capital	22,000	22,000
and December 31, 2010, respectively	33,000	33,000
Sock subscription receivable	-	-
Additional paid in capital	22,000	22,000
Accumulated deficit during exploration stage	(183,120)	(159,165)
Sock subscription receivable	-	-
Total Stockholders' Equity (Deficit)	(128,120)	(104,165)
Accumulated deficit during exploration stage	(186,520)	(159,165)
Total Liabilities and Stockholders' Equity (Deficit)	$ -	$ -
Total Stockholders' Equity (Deficit)	(131,520)	(104,165)
Total Liabilities and Stockholders' Equity (Deficit)	$ -	$ -

SMART VENTURES, INC.

(AN EXPLORATION STAGE COMPANY)

STATEMENTS OF OPERATIONS

(Unaudited)

					From
					November 22
	For the	For the	For the	For the	2006
	three months	three months	~~six~~nine months	~~six~~nine months	(Date of
	ended	ended	ended	ended	inception)
	Jun 30,	Jun 30,	Jun 30,	Jun 30,	Jun 30,
	Sep 30,	Sep 30,	Sep 30,	Sep 30,	Sep 30,
	2010	2010	2010	2010	2010
	2011	2010	2011	2010	2011
Revenue:	$ -	$ -	$ -	$ -	$ -
Total Revenue	-	-	-	-	-
Operating Expenses:
Exploration costs	-	-	-	-	19,082
General & administrative	~~500~~3,400	500	2327,~~955~~355	12,~~500~~000	~~164~~167,~~038~~438
Total Operating Expenses	~~500~~3,400	500	2327,~~955~~355	12,~~500~~000	~~183~~186,~~120~~520
NET LOSS	$ (~~500~~3,400)	$ (500)	$ (2327,~~955~~355)	$ (12,~~500~~000)	$ (~~183~~186,~~120~~520)
Weighted Average Shares
Common Stock Outstanding	33,000,000	33,000,000	33,000,000	33,000,000
Net Loss Per Share
(Basic and Fully Dilutive)	$ -	$ -	$ -	$ -

SMART VENTURES, INC.

(AN EXPLORATION STAGE COMPANY)

STATEMENTS OF CASH FLOWS

(Unaudited)

			From
			November 22
	For the	For the	2006
	six months	six months	(Date of
	nine months	nine months	(Date of
	ended	ended	inception)
	Jun 30,	Jun 30,	Jun 30,
	Sep 30,	Sep 30,	Sep 30,
	2010	2010	2010
	2011	2010	2011
Cash Flows Used in Operating Activities:
Net Loss	$ (2327,~~955~~355)	$ (12,~~500~~000)	$ (~~183~~186,~~120~~520)
Adjustments to reconcile net (loss) to net cash
provided by operating activites:
provided by operating activities:
Issuance of stock for services rendered	-	-	10,000
Increase to accounts payable	912,~~390~~790	12,~~500~~000	99103,~~790~~190
Net Cash Used in Operating Activities	(14,565)	-	(73,330)
Cash Flows from Investing Activities:	-	-	-
Cash Flows from Financing Activities:
Advances from shareholders	14,565	-	28,330
Issuance of common stock for cash	-	-	27,000
Receipt of Stock subscription receivable	-	-	18,000
Net Cash Provided by Financing Activities	14,565	-	73,330
Net Increase (Decrease) in Cash	-	-	-
Cash at Beginning of Period	-	-	-
Cash at End of Period	$ -	$ -	$ -
Non-Cash Investing & Financing Activities
Issuance of stock for management services rendered	$ -	$ -	$ 10,000
Issuance of stock for Stock subscription receivable	$ -	$ -	$ 18,000

SMART VENTURES, INC.

(AN EXPLORATION STAGE COMPANY)

NOTES TO FINANCIAL STATEMENTS

Unaudited

NOTE 1 – BASIS OF PRESENTATION

The interim financial statements of Smart Ventures, Inc. (the Company) for the ~~three~~nine months ended ~~March~~September 3130, 2011 and 2010 and for the period from the date of inception on November 22, 2006 to ~~June~~September 30, 2011 are not audited. The financial statements are prepared in accordance with generally accepted accounting principles in the United States of America.

In the opinion of management, the accompanying financial statements contain all adjustments, consisting only of normal recurring accruals, necessary for a fair presentation of the Company’s financial position as of ~~June~~September 30, 2011 and the results of its operations and cash flows for the ~~six~~nine months ended ~~June~~ September 30, 2011 and 2010 and for the period from the date of inception on November 22, 2006 to ~~June~~September 30, 2011

NOTE 2 – NATURE OF SIGNIFICANT ACCOUNTING POLICIES

CASH AND CASH EQUIVALENTS

The Company considers all highly liquid debt instruments purchased with maturity of three months or less to be cash equivalents.

REVENUE RECOGNITION

The Company considers revenue to be recognized at the time the service is performed.

USE OF ESTIMATES

The preparation of the Company’s financial statements requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from these estimates.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The Company’s short-term financial instruments consist of cash and cash equivalents and accounts payable. The carrying amounts of these financial instruments approximate fair value because of their short-term maturities. Financial instruments that potentially subject the Company to a concentration of credit risk consist principally of cash. During the year the Company did not maintain cash deposits at financial institution in excess of the $250,000 limit covered by the Federal Deposit Insurance Corporation. The Company does not hold or issue financial instruments for trading purposes nor does it hold or issue interest rate or leveraged derivative financial instruments.

EARNINGS PER SHARE

Basic Earnings per Share (“EPS”) is computed by dividing net income available to common stockholders by the weighted average number of common stock shares outstanding during the year. Diluted EPS is computed by dividing net income available to common stockholders by the weighted-average number of common stock shares outstanding during the year plus potential

dilutive instruments such as stock options and warrant. The effect of stock options on diluted EPS is determined through the application of the treasury stock method, whereby proceeds received by the Company based on assumed exercises are hypothetically used to repurchase the Company’s common stock at the average market price during the period. Loss per share is unchanged on a diluted basis since the assumed exercise of common stock equivalents would have an anti-dilutive effect.

INCOME TAXES

The Company uses the asset and liability method of accounting for income taxes, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax basis of certain assets and liabilities. Deferred income tax assets and liabilities are computed annually for the difference between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Income tax expense is the tax payable or refundable for the period, plus or minus the change during the period in deferred tax assets and liabilities.

Deferred income taxes may arise from temporary differences resulting from income and expanse items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of the assets and liabilities to which they relate. Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse. The Company had no significant deferred tax items arise during any of the periods presented.

CONCENTRATION OF CREDIT RISK

The Company does not have any concentration of related financial credit risk.

RECENT ACCOUNTING PRONOUNCEMENTS

The Company does not expect the adoption of any recent accounting pronouncements to have a material impact on its financial statements.

NOTE 3 – MINERAL CLAIMS

The Company entered into a mineral claims purchase agreement on September 1, 2007, whereby the Company purchased certain mineral claims located in the Laurentides Region near Mont Laurier, Quebec. These mineral claims were acquired from an individual for cash in the amount of $6,500. In addition the Company is required to expend additional monies in subsequent years to maintain these claims. After the acquisition of these mineral claims, management performed an impairment test to determine the carrying value of these claims. Management determined that there was no reasonable method to value the claims and have impaired the cost of these claims and recorded the expense as exploration costs during the year ended December 31, 2007.

NOTE 4- –PROPOSED ~~COMMON STOCK~~ACQUISITION

On June 15, 2011 we entered into a share exchange agreement with the shareholders of Metal Assets S.A. which provides in part for us to acquire all of the issued and outstanding common stock or other equity interests of Metal Assets S.A. The Purchase Price for the shares of common stock is $9,800,000. We will also issue the shareholders a total of 22 million shares of our common stock. The agreement was subsequently amended to provide for the issuance of 72 million shares of common stock. The transaction has not closed and will likely be terminated.

NOTE 5 – COMMON STOCK

The Company issued 6,000,000 shares of its common stock in December 2006 in exchange for services rendered valued at $ 10,000.

During the year ended December 31, 2007 the Company issued 27,000,000 shares of its common stock for cash and for stock subscriptions receivable valued at $.00167 per share for an aggregate total of $ 45,000. At December 31, 2007 there was an outstanding stock subscription receivable in the amount of $10,000. The Company received payment of this receivable in January of 2008.

NOTE 5 6– GOING CONCERN

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As shown in the accompanying financial statements, the Company has no sales and has incurred a net loss of $ ~~182~~186,~~620~~520 since inception. The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its mineral properties. Management has plans to seek additional capital through a private placement and public offering of its common stock. The financial statements do not include any adjustments relating to the recoverability and classifications of recorded assets, or the amounts of and the classification of liabilities that might be necessary in the event the Company cannot continue in existence.

~~NOTE~~Item ~~6 – SUBSEQUENT EVENT~~ 1A.

OnRisk ~~March 11, 2011 Smart Ventures Inc. increased there share capitalization from 75,000,000 to 200,000,000.~~Factors

Since we are no longer engaged in mining operations, those risk factors attributable to mining operations no longer impact our operations. Since we intend to terminate our acquisition of Metal Assets, we will need to identify a new acquisition candidate. The primary risks associated with our ongoing operations will be that we do not have a targeted business or industry and that we may not be able to consummate any type of business combination.

Item 2.

MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

This section of the prospectus includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this prospectus. These forward-looking states are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or out predictions.

PLAN OF OPERATION

WeOn ~~are~~June 15, 2011 we entered into a ~~start-up,~~share ~~exploration~~exchange ~~stage~~agreement ~~corporation~~with the shareholders of Metal Assets S.A. which provides in part for us to acquire all of the issued and ~~have~~outstanding common stock or other equity interests of Metal Assets S.A. The transaction has not ~~yet~~closed ~~generated~~and ormanagement ~~realized~~intends ~~any~~to ~~revenues~~terminate ~~from~~the ~~our~~transaction ~~business~~as ~~operations~~Metal Assets did not comply with certain conditions precedent that were called for in the share exchange agreement.

WeMetal ~~will~~Assets’ business beobjective ~~conducting~~was ~~research~~to build a steel micro-mill in the ~~form~~Russian ofFederation. While ~~exploration~~there ofmay ~~our~~be ~~claims.~~subsequent ~~Our~~discussions ~~exploration~~between ~~program~~the isCompany ~~explained~~and ~~below.~~the Wevarious ~~are~~shareholders ~~not~~of ~~going~~Metals toAssets, ~~buy~~there orcan ~~sell~~be ~~any~~no ~~plant~~assurance orthat ~~significant~~we ~~equipment~~will ~~during~~be successful in renegotiating the ~~next~~transaction ~~twelve~~or ~~months~~any similar agreement.

~~Our~~“Shell” exploration target is to find an ore body containing gold or other precious and base metals. Until recently, prices of gold, silver and platinum were at their highest prices in years. The price of base metals (copper, lead, zinc, etc.) were at historic highs. Due to the economic unrest and the threat of a serious recession the prices of all of the above have plummeted. Uranium peaked and currently is down in price nearly 50%. Mining prospects that a few months ago would be economically feasible may not be at this time. With these factors being present and the outlook, both near and far being, at best, uncertain we believe that our claims must be reevaluated. The above cautionary statements do not indicate that we intend to abandon the exploration of our claims, but that the prospects of success should be reassessed and investigated further. We plan on entering into discussions with our independent consultants to attempt to make informed decisions regarding the future of the Ruza claims. Coincidental with these discussions, we will investigate the possibilities of attracting further capital in one form or another for exploration of the Ruza Claims. Availability of these funds from the further sale of our common stock, publicly or privately, or via a joint venture will also influence our decision on whether to proceed or not. Should our geological consultants recommend continuation of our exploration program and if, under the present economic circumstances allow us to properly fund ongoing operations, we fully intend on proceeding with our business plan.Corporation

~~Our~~Since ~~success~~we ~~depends~~do ~~upon~~not ~~finding~~have ~~mineralized~~operations ~~material of commercial size~~ and, ~~quality.~~we ~~This~~intend ~~includes~~to acancel ~~determination by~~ our ~~consultant~~agreement ifwith ~~the~~Metal ~~mineral~~Assets ~~claim contains viable mineralization~~S. ~~He will make the determination based upon the results of our exploration~~A. ~~We have not selected a consultant~~, ~~who will be a mining engineer and supervise~~ our ~~exploration~~focus ~~program, as of the date of this prospectus and~~ will ~~not~~be do so until our exploration program is funded, of which there is no assurance. Mineralized material is a mineralized body, which has been delineated by appropriate spaced drilling or underground sampling to ~~support~~look ~~sufficient~~for ~~tonnage~~other ~~and~~acquisition ~~average~~candidates ~~grade of metals to justify removal. If we don't find mineralized material~~ or westructure ~~cannot~~a ~~remove~~new ~~mineralized~~agreement ~~material,~~with ~~either~~Metal ~~because~~Assets ~~we do not have the money to do it~~ or ~~because~~its ~~it is not economically feasible to do it, we will cease operations and you will lose your investment~~associates.

We ~~must~~will ~~conduct~~not ~~exploration~~restrict toour ~~determine~~search ~~what~~to ~~amount~~any ofspecific ~~minerals~~business, ifindustry ~~any~~or geographical location, ~~exist~~and onwe ~~our~~may ~~properties~~participate ~~and~~in ifa business venture of virtually any ~~minerals~~kind ~~which~~or ~~are~~nature. ~~found~~Our ~~can~~management bemay ~~economically~~become ~~extracted~~involved in management of the target business and/or ~~profitably~~may ~~processed~~hire qualified but as yet unidentified individuals to manage the target business.

~~The~~Since ~~mining~~we ~~claims~~have ~~are~~virtually ~~without~~no ~~known~~business ~~reserves~~operations ~~and~~we ~~the~~are characterized ~~proposed~~as ~~program~~a is"shell" ~~exploratory~~corporation. inAs ~~nature.~~a ~~Exploration~~shell ~~and~~corporation, ~~surveying~~we ~~has~~face ~~not~~special ~~been~~risks ~~initiated~~inherent ~~and~~in ~~will~~the ~~not~~investigation, beacquisition, ~~initiated~~or ~~until~~involvement wein ~~raise~~a ~~additional~~new ~~funding~~business opportunity. ~~That~~We isface ~~because~~all weof dothe ~~not~~unforeseen ~~have~~costs, ~~money~~expenses, toproblems, ~~start~~and ~~exploration.~~difficulties ~~Once~~related ~~the~~to ~~additional~~such ~~financing~~companies. isWe ~~identified~~are ~~and~~dependent ~~secured,~~upon weour ~~intend~~management to ~~start~~identify ~~exploration~~a ~~operations.~~business Toopportunity ~~our~~for ~~knowledge,~~the ~~our~~Company ~~claims~~to ~~have never been mined~~pursue.

WeWith ~~intend~~limited tocapital ~~implement~~resources anand ~~exploration~~the ~~program~~uncertainties ~~which~~in ~~consists~~the ofequities ~~mapping~~market, ~~establishing~~we ahave ~~grid,~~chosen ato ~~magnetometer~~expand ~~survey~~our search for possible acquisition candidates to encompass most industries and ~~surface~~businesses. The financial information set forth below represents the results of operations during our formulative stages and ~~core~~is ~~sampling~~not indicative of the likely results from any new operations.

IfComparison ~~we are unable to complete any phase~~ of ~~exploration~~Operating ~~because~~Results wefor ~~don't~~the ~~have~~Three and ~~enough~~Nine ~~money,~~Months weended ~~will~~September ~~cease operations until we raise more money. If we can't or don't raise more money~~30, we2011 ~~will~~and ~~cease~~2010 ~~operations.~~and Iffrom weNovember ~~cease operations~~22, we2006 (“Inception”) ~~don't know what we will do and we don't have any plans~~ to doSeptember ~~anything~~30, 2011.

WeRevenue do not intend to hire additional employees at this time. All of the work on the mineral claim will be conduct by unaffiliated independent contractors that we will hire. The independent contractors will be responsible for surveying, geology, engineering, exploration, and ~~excavation.~~Operating ~~The geologists will evaluate the information derived from the exploration and excavation and the engineers will advise us on the economic feasibility of removing the mineralized material.~~Expenses

~~Part~~Since IIInception we have not generated any revenues. Our operating expenses for the three and nine months ended September 30, 2011 totaled $3,400 and $27,355 respectively as compared to $500 and $2,000 for the comparable periods in 2010. Total expenses since Inception were $186,520.

~~OTHER~~Liquidity ~~INFORMATION~~and Capital Resources

~~Item~~Assets ~~1. Legal~~and ~~Proceedings~~Liabilities

~~None~~At September 30, 2011 and December 31, 2010 we had no cash and no assets. Liabilities totaled $131,520 and $104,165 respectively. Our current operations have been financed by shareholder advances. We will require additional financing in order for us to continue operations. Currently, there is no commitment for funding.

~~Item~~Off-Balance ~~2. Changes~~Sheet ~~in Securities~~Arrangements

~~None~~We are not currently a party to, or otherwise involved with, any off-balance sheet arrangements that have or are reasonably likely to have a current or future material effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

Item 3. ~~Defaults Upon Senior Securities~~

~~Not~~Quantitative ~~Applicable~~and Qualitative Disclosure About Market Risk

Not applicable.

Item 4.

Controls and Procedures

(a)

Evaluation of Disclosure Controls and Procedures

Our management, with the participation of our Chief Executive Officer and our Chief Financial Officer, evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) and determined that our disclosure controls and procedures were effective as of the end of the period covered by this Quarterly Report on Form 10-Q. The evaluation considered the procedures designed to ensure that the information required to be disclosed by us in reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms and communicated to our management as appropriate to allow timely decisions regarding required disclosure.

(b)

Changes in Internal Control over Financial Reporting

During the period covered by this Quarterly Report on Form 10-Q, there was no change in our internal control over financial reporting (as such term is defined in Rules 13a-15(d) and 13d-15(d) under the Exchange Act) that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

(c)

Inherent Limitations of Disclosure Controls and Internal Controls over Financial Reporting

Because of its inherent limitations, internal controls over financial reporting may not prevent or detect misstatements. Projections of any evaluation or effectiveness to future periods are subject to risks that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

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

Not Applicable.

Item 4.

Removed and Reserved.

Item 5.

Other Information

NANot applicable.

Item 6. Exhibits and Reports on Form 8K

Exhibit ~~31.1 Certification~~ ~~pursuant to 18 U~~No.~~S.C. Section 1350 as adopted pursuant to Section 302 and 906 of the Sarbanes-Oxley Act of 2003.~~

~~Exhibit 31.2 Certification pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 302 and 906 of the Sarbanes-Oxley Act of 2003.~~Description

~~Exhibit 32.2 Certifications of CEO And CFO Pursuant To Section 906 Of The Sarbanes~~-~~Oxley Act~~----------

-----------

31.1

Section 302 Certification of the Principal Executive Officer

31.2 Section 302 Certification of the Principal Financial Officer

32.1 Section 906 Certification of Principal Executive Officer

32.2

Section 906 Certification of Principal Financial and Accounting Officer

SIGNATURES

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

SMART VENTURES, INC.

Dated ~~August 10, 2011~~

DECEMBER 8, 2011

/s/ Lance R. Larsen

Lance R. Larsen, President, Director and Chief Executive Officer

/s/ Jamie Bond

Jamie Bond, Secretary/Treasurer, Director and Principal Accounting Officer

Filing Compare · Smart Ventures Inc.