v2.4.0.6

Verify Smart Corp.- Consolidated Condensed Statements of Operations (USD $)	3 Months Ended		6 Months Ended		70 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012
Revenues
Expenses:
General and Administrative		140	2,727	390	84,372
Professional fees				803	96,080
Consulting fees		53,205	26,563	166,535	1,432,679
Total Operation Expenses		53,345	29,290	167,728	1,613,131
Loss from operations		(53,345)	(29,290)	(167,728)	(1,613,131)
Other Expenses:
Interest Expense		(385)		(1,166)	(1,767)
Foreign Exchange loss					(6,506)
Total Other (Expense)		(385)		(1,166)	(8,273)
Net Loss		$ (53,370)	$ (29,290)	$ (168,894)	$ (1,621,404)
Net (Loss) Per Share- Basic and Diluted	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Weighted Average Shares Outstanding	52,785,000	52,785,000	52,785,000	52,785,000

Revenue recognized in the period for (1) performance (incentive) fees based on the investment results achieved for management of certain institutional accounts and hedge funds, (2) schedule-based fees earned for management of mutual funds and closed-end funds, based either on average daily net assets or on a combination of the average daily net assets and gross income, and (3) other investment management and advisory fees.

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VERIFY SMART CORP. 10-Q