UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

[X]	Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
	For the quarterly period ended February 28, 2011
	For the quarterly period ended August 31, 2011
[ ]	Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934
	For the transition period from __________ to __________
	Commission File Number: 333-143901

SupportSave Solutions, Inc.

(Exact name of Registrant as specified in its charter)

Nevada	98-0534639
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

~~3400~~801 ~~Cahuenga Blvd~~W. WBig Beaver, Suite ~~114,~~650 ~~Los Angeles~~Troy, CAMichigan ~~90068~~ (Address of principal executive offices)

~~(925) 304~~248-~~4400~~430-4300 (Registrant’s telephone number) _______________________________________________________________ (Former name, former address and former fiscal year, if changed since last report)

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 (§ 229.405 of this chapter) during the preceeding 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.

[ ] Large accelerated filer Accelerated filer	[ ] Non-accelerated filer
[X] Smaller reporting company

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

[ ] Yes [X] No

State the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 2119,~~342~~153,~~280~~741 common shares as of ~~April~~August 1431, 2011.

Table of Contents

	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	4
Item 3:	Quantitative and Qualitative Disclosures About Market Risk	85
Item 4:	Controls and Procedures	86
PART II – OTHER INFORMATION
Item 1:	Legal Proceedings	96
Item 1A:	Risk Factors	98
Item 2:	Unregistered Sales of Equity Securities and Use of Proceeds	98
Item 3:	Defaults Upon Senior Securities	98
Item 4:	(Removed and Reserved)	98
Item 5:	Other Information	98
Item 6:	Exhibits	98

Table of Contents

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

Our financial statements included in this Form 10-Q are as follows:
F-1	Consolidated Balance Sheets as of ~~February~~August 2831, 2011 and May 31, 2010 (unaudited);
F-2	Consolidated Statements of Operations for the three ~~and nine~~ months ended ~~February~~August 2831, 2011 and ~~2008~~2010 (unaudited);
F-4	Consolidated Statement of Stockholders’ Equity as of February 28, 2011 (unaudited);
F-3	Consolidated Statements of Cash Flows for the three months ended August 31, 2011 and August 31, 2010 (unaudited);
F-5	Consolidated Statements of Cash Flows for the nine months ended February 28, 2011 and February 28, 2010 (unaudited);
F-4	Notes to Consolidated Financial Statements
F-6	Notes to Consolidated Financial Statements;

These financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the SEC instructions to Form 10-Q. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. Operating results for the interim period ended ~~February~~August 2831, 2011 are not necessarily indicative of the results that can be expected for the full year.

Table of Contents

SUPPORTSAVE SOLUTIONS, INC.

(A NEVADA CORPORATION)

CONSOLIDATED BALANCE SHEETS

~~FEBRUARY~~AS 28OF AUGUST 31, 2011 ~~(UNAUDITED)~~ AND MAY 31, ~~2010~~2011 (~~AUDITED~~UNAUDITED)

ASSETS	February 28, 2011			May 31, 2010
		August 31, 2011				May 31, 2011
CURRENT ASSETS
ASSETS
Cash and cash equivalents	$	886,254		$	1,588,056
CURRENT ASSETS
Investment in marketable securities		273			610
Cash and cash equivalents		$	187,887			$	275,716
Accounts receivable - trade		139,157			170,249
Investment in marketable securities			400				900
Accounts receivable - other		-0-			15,441
Accounts receivable - trade			374,911				390,424
Note receivable - Florida office building		-0-			210,000
Note receivable - related party			100,000				100,000
Accrued interest receivable		~~6,521~~	9,851		~~3,541~~		8,186
TOTAL CURRENT ASSETS		~~1,032,205~~	673,049		~~1,987,897~~		775,226
PROPERTY AND EQUIPMENT
PROPERTY AND EQUIPMENT, NET			730,659				738,336
Furniture and equipment		364,682			320,417
OTHER ASSETS
Construction in progress		541,173			-0-
Security deposits			65,596				64,208
Less accumulated depreciation		(171,606	)		(118,694)
Deferred tax asset			408,000				485,000
NET PROPERTY AND EQUIPMENT		734,249			201,723
TOTAL OTHER ASSETS			473,596				549,208
OTHER ASSETS
TOTAL ASSETS		$	1,877,304			$	2,062,770
Security deposits		66,396			64,208
LIABILITIES AND STOCKHOLDERS' EQUITY
Note receivable - related party		100,000			50,000
CURRENT LIABILITIES
Deferred tax asset		249,000			-0-
Accounts payable - trade		$	72,787			$	57,574
TOTAL OTHER ASSETS		415,396			114,208
Accrued expenses			134,313				55,865
	$	2,181,850		$	2,303,828
Accounts payable - settlements			114,742				131,550
Treasury stock payable			300,000				700,000
Deferred income taxes			97,000				97,000
Loan payable - officer			800				800
TOTAL CURRENT LIABILITIES			719,642				1,042,789
STOCKHOLDERS' EQUITY
Common stock, $.00001 par value, 100,000,000 shares authorized, 19,153,741 and 26,232,280 shares issued and outstanding at August 31, 2011 and May 31, 2011, respectively			191				262
Preferred stock, $.00001 par value, 100,000,000 shares authorized, 0 shares issued and outstanding			-0-				-0-
Additional paid-in-capital			2,230,119				2,875,916
Treasury stock			(357,161	)			(1,003,029	)
Cumulative translation adjustment			(87,007	)			(83,175	)
Unrealized gain (loss) on investments			(19,613	)			(19,113	)
Retained earnings (deficit)			(608,867	)			(750,880	)
TOTAL STOCKHOLDERS' EQUITY			1,157,662				1,019,981
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$	1,877,304			$	2,062,770

~~F-1~~The accompanying notes are an integral part of the financial statements

~~Table of Contents~~F-1

~~SUPPORTSAVE~~Table ~~SOLUTIONS,~~of ~~INC.~~Contents

(ASUPPORTSAVE ~~NEVADA CORPORATION)~~SOLUTIONS, INC.

CONSOLIDATED ~~BALANCE~~STATEMENTS OF ~~SHEETS~~OPERATIONS

~~FEBRUARY~~FOR ~~28,~~THE ~~2011~~THREE ~~(UNAUDITED)~~MONTHS ~~AND~~ENDED AUGUST ~~MAY~~ 31, 2011 AND 2010 (~~AUDITED~~UNAUDITED)

LIABILITIES AND STOCKHOLDERS' EQUITY	February 28, 2011			May 31, 2010
		Three Months Ended				Three Months Ended
CURRENT LIABILITIES
		August 31, 2011				August 31, 2010
Accounts payable - trade	$	35,648		$	50,985
REVENUE
Accrued expenses		37,500			39,185
Sales		$	911,171			$	572,587
Payroll tax withholdings		1			12,062
Less returns and allowances			(2,651	)			(5,934	)
Accrued wages		54,809			62,621
TOTAL REVENUE			908,520				566,653
Deferred income taxes		97,000			97,000
EXPENSES
Loan payable - officer		800			800
Wages and benefits			407,895				680,948
TOTAL CURRENT LIABILITIES		225,758			267,734
Rent			67,595				27,034
STOCKHOLDERS' EQUITY
Advertising			16,434				20,539
Common stock, $.00001 par value, 100,000,000 shares authorized, 15,186,031 and 14,503,531 shares issued and outstanding at February 28, 2011 and May 31, 2010, respectively		151			145
Telephone, internet and utilities			45,979				25,250
Additional paid-in-capital		2,355,519			1,958,084
Commissions			14,550				16,910
Treasury stock		(3,029	)		(3,029)
Settlements expense			4,500				-0-
Cumulative translation adjustment		(61,333	)		(43,818)
Legal and accounting			6,737				8,381
Unrealized loss on investments		(19,740	)		(19,403)
Depreciation			17,798				14,480
Retained earnings (deficit)		(315,476	)		149,196
Selling, general and administrative			109,717				44,799
STOCKHOLDERS' EQUITY		1,956,092			2,041,175
TOTAL EXPENSES			691,205				838,343
	$	2,181,850		$	2,303,828
OPERATING INCOME (LOSS)			217,315				(271,690	)
OTHER INCOME (EXPENSE)
Interest income			1,698				5,806
TOTAL OTHER INCOME (EXPENSE)			1,698				5,806
NET INCOME (LOSS) BEFORE PROVISION FOR FEDERAL INCOME TAX (BENEFIT)			219,013				(265,884	)
PROVISION FOR FEDERAL INCOME TAX (BENEFIT)			77,000				(93,000	)
NET INCOME (LOSS)		$	142,013			$	(172,884	)
NET INCOME (LOSS) PER SHARE:
BASIC AND DILUTED		$	0.01			$	(0.01	)
WEIGHTED AVERAGE SHARES OUTSTANDING:
BASIC AND DILUTED			19,769,266				14,728,558

~~F-2~~The accompanying notes are an integral part of the financial statements.

~~Table of Contents~~F-2

~~SUPPORTSAVE~~Table ~~SOLUTIONS,~~of ~~INC.~~Contents

~~CONSOLIDATED~~ SUPPORTSAVE ~~STATEMENTS~~SOLUTIONS, ~~OF OPERATIONS~~INC.

~~FOR~~CONSOLIDATED STATEMENTS ~~THE~~OF ~~THREE~~CASH ~~MONTHS ENDED FEBRUARY 28, 2011 AND 2010 (UNAUDITED)~~FLOWS

	2011			2010
REVENUE
Sales	$	770,893		$	732,906
Less returns and allowances		(15,902	)		(19,942)
TOTAL REVENUE		754,991			712,964
EXPENSES
Wages and benefits		601,413			338,460
Rent		76,793			27,867
Telephone, internet and utilities		41,057			29,904
Commissions		42,695			67,653
Selling, general & administrative		112,400			86,730
TOTAL EXPENSES		874,358			550,614
OPERATING INCOME (LOSS)		(119,367	)		162,350
OTHER INCOME (EXPENSE)
Interest income		(42	)		4,087
Other income		-0-			110
Bad debt expense		(110,000	)		-0-
Settlement expense		(32,000	)		-0-
Gains/(losses) from currency hedging contracts		-0-			13,002
TOTAL OTHER INCOME (EXPENSE)		(142,042	)		17,199
NET INCOME (LOSS) BEFORE PROVISION FOR FEDERAL INCOME TAX BENEFIT		(261,409	)		179,549
PROVISION FOR FEDERAL INCOME TAX (BENEFIT)		(91,000	)		56,000
NET INCOME (LOSS)	$	(170,409	)	$	123,549
WEIGHTED AVERAGE SHARES OUTSTANDING:
BASIC AND DILUTED		15,186,031			13,838,531
NET INCOME (LOSS) PER SHARE:
BASIC AND DILUTED	$	(0.01	)	$	0.01

FOR THE THREE MONTHS ENDED AUGUST 31, 2011 AND 2010 (UNAUDITED)

F-3

	Three Months Ended			Three Months Ended
	August 31, 2011			August 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss) for the period	$	142,013		$	(172,884	)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation		17,798			14,480
Stock based compensation expense		-0-			(225,111	)
Changes in assets and liabilities:
Accounts receivable - trade		15,513			21,977
Accounts receivable - other		-0-			15,441
Accrued interest receivable		(1,665	)		(1,665	)
Deferred tax asset		77,000			-0-
Accounts payable - trade		15,213			(1,070	)
Accounts payable - settlements		(16,808	)		-0-
Accrued expenses		78,448			(56,136	)
Deferred revenue		-0-			6,797
Accrued federal income tax		-0-			(93,000	)

TOTAL ADJUSTMENTS		185,499			131,934

NET CASH PROVIDED BY (USED BY) OPERATING ACTIVITIES		327,512			(40,949	)

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment		(10,120	)		(166,563	)
Security deposit		(1,389	)		(2,188	)
Increase in note receivable - related party		-0-			(50,000	)

NET CASH PROVIDED BY (USED BY) INVESTING ACTIVITIES		(11,509	)		(218,751	)

CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on treasury stock		(400,000	)		-0-

NET CASH PROVIDED BY (USED BY) FINANCING ACTIVITIES		(400,000	)		-0-

Currency exchange rate effect on cash		(3,832	)		(6,192	)

NET INCREASE (DECREASE) IN CASH
AND CASH EQUIVALENTS		(87,829	)		(265,892	)

CASH AND CASH EQUIVALENTS - BEGINNING		275,716			1,588,056


CASH AND CASH EQUIVALENTS - ENDING	$	187,887		$	1,322,164

SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	$	-0-		$	-0-
Cash paid for income taxes	$	-0-		$	-0-

~~Table~~The accompanying notes are an integral part of ~~Contents~~the financial statements

~~SUPPORTSAVE SOLUTIONS, INC.~~F-3

~~CONSOLIDATED~~Table ~~STATEMENTS~~of ~~OF OPERATIONS~~Contents

~~FOR~~SUPPORTSAVE ~~THE NINE MONTHS ENDED FEBRUARY 28~~SOLUTIONS, ~~2011 AND 2010 (UNAUDITED)~~INC.

	2011			2010
REVENUE
Sales	$	2,093,904		$	2,180,766
Less returns and allowances		(25,616	)		(28,144)
TOTAL REVENUE		2,068,288			2,152,622
EXPENSES
Wages and benefits		1,988,461			816,633
Rent		132,004			75,328
Telephone, internet and utilities		118,647			95,143
Commissions		96,729			187,198
Selling, general & administrative		315,709			299,353
TOTAL EXPENSES		2,651,550			1,473,655
OPERATING INCOME (LOSS)		(583,262	)		678,967
OTHER INCOME (EXPENSE)
Interest income		11,386			11,060
Other income		204			235
Gains on sales of investments		-0-			24,395
Bad debt expense		(110,000	)		-0-
Settlement expense		(32,000	)		-0-
Gains/(losses) from currency hedging contracts		-0-			39,883
Gains/(losses) on sales of assets		-0-			(3,152)
TOTAL OTHER INCOME (EXPENSE)		(130,410	)		72,421
NET INCOME BEFORE PROVISION FOR FEDERAL INCOME TAX BENEFIT		(713,672	)		751,388
PROVISION FOR FEDERAL INCOME TAX (BENEFIT)		(249,000	)		260,000
NET INCOME (LOSS)	$	(464,672	)	$	491,388
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING		14,993,531			13,449,642
NET INCOME (LOSS) PER SHARE	$	(0.03	)	$	0.04

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

~~F-4~~AUGUST 31, 2011

~~Table~~NOTE of1: ~~Contents~~NATURE OF BUSINESS

~~SUPPORTSAVE~~SupportSave ~~SOLUTIONS~~Solutions, ~~INC~~Inc. was incorporated in Nevada on May 2, 2007, and provides offshore business process outsourcing, or BPO, services from an outsourcing center through its wholly-owned subsidiary of the same name, which was incorporated in the Philippines on October 17, 2006 and operates in the Philippines. Both the parent and its subsidiary are hereinafter referred to as "the Company".

~~CONSOLIDATED~~NOTE ~~STATEMENT~~2: SUMMARY OF ~~CHANGES~~SIGNIFICANT INACCOUNTING ~~STOCKHOLDERS' EQUITY~~POLICIES

~~FOR~~Basis ~~THE~~of ~~NINE MONTHS ENDED FEBRUARY 28, 2011 AND YEAR ENDED MAY 31, 2010 (UNAUDITED)~~Presentation

	Common Stock				Additional Paid-in		Treasury			Cumulative Translation			Unrealized Gain (loss)			Retained Earnings			Stockholders'
	Shares		Amount		Capital		Stock			Adjustment			on Investments			(Deficit)			Equity
Balance, May 31, 2009		13,255,198	$	132	$	1,143,291	$	(64,207	)	$	(21,958	)	$	-0-		$	(124,859	)	$	932,399
Purchase of treasury stock		-0-		-0-		-0-		(9,017	)		-0-			-0-			-0-			(9,017)
Private placement of common stock		875,000		9		524,992		-0-			-0-			-0-			-0-			525,001
Sale of treasury stock		-0-		-0-		9,805		70,195			-0-			-0-			-0-			80,000
Issuance of common stock		373,333		4		279,996		-0-			-0-			-0-			-0-			280,000
Net income and translation adjustment		-0-		-0-		-0-		-0-			(21,860	)		(19,403	)		274,055			232,792
Balance, May 31, 2010		14,503,531	$	145	$	1,958,084	$	(3,029	)	$	(43,818	)	$	(19,403	)	$	149,196		$	2,041,175
Issuance of common stock		682,500		6		397,435		-0-			-0-			-0-			-0-			397,441
Net (loss) and translation adjustment		-0-		-0-		-0-		-0-			(17,515	)		(337	)		(464,672	)		(482,524)
Balance, February 28, 2011		15,186,031	$	151	$	2,355,519	$	(3,029	)	$	(61,333	)	$	(19,740	)	$	(315,476	)	$	1,956,092

Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. We believe that the disclosures are adequate to make the financial information presented not misleading. These condensed financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto for the year ended May 31, 2011. All adjustments were of a normal recurring nature unless otherwise disclosed. In the opinion of management, all adjustments necessary for a fair statement of the results of operations for the interim period have been included. The results of operations for such interim periods are not necessarily indicative of the results for the full year.

~~F-5~~The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. The Company uses the accrual basis of accounting and has adopted a May 31 fiscal year end.

~~Table~~Principles of ~~Contents~~Consolidation

~~SUPPORTSAVE~~The ~~SOLUTIONS,~~consolidated ~~INC~~financial statements of the Company include the accounts of the parent company and its wholly-owned Philippines subsidiary. All significant intercompany accounts and transactions have been eliminated in consolidation.

~~CONSOLIDATED~~Cash ~~STATEMENTS~~and OFCash ~~CASH FLOWS~~Equivalents

~~FOR~~SupportSave ~~THE~~considers ~~NINE~~all ~~MONTHS~~highly ~~ENDED~~liquid ~~FEBRUARY~~investments ~~28,~~with ~~2011~~maturities of ~~AND~~3 ~~2010~~months ~~(UNAUDITED)~~or less to be cash equivalents.

	2011			2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	(464,672	)	$	491,388
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation		52,912			41,434
Stock based compensation expense		397,442			-0-
(Gain) loss on sale of property		-0-			3,152
Bad debt expense		110,000			-0-
Changes in:
Accounts receivable - trade		31,092			(146,134)
Accounts receivable - other		15,441			6,200
Accrued interest receivable		(2,980	)		(1,225)
Deferred tax asset		(249,000	)		50,000
Accounts payable		(15,338	)		(13,999)
Accrued wages		(7,812	)		14,771
Accrued federal income tax		-0-			210,000
Deferred revenue		-0-			1,554
Payroll tax withholdings payable		(12,061	)		6,345
Accrued expenses		(1,685	)		-0-
TOTAL ADJUSTMENTS		318,011			172,098
NET CASH PROVIDED BY (USED BY) OPERATING ACTIVITIES		(146,661	)		663,486
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment		(585,438	)		(105,364)
Sale of property and equipment		-0-			15,000
Security deposit		(2,188	)		(7,478)
Change in investment of marketable securities		-0-			78,050
Increase in note receivable - related party		(50,000	)		-0-
Currency translation adjustment		(17,515	)		(16,982)
NET CASH PROVIDED BY (USED BY) INVESTING ACTIVITIES		(655,141	)		(36,774)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of common stock		-0-			525,000
Proceeds from note receivable		100,000			-0-
Private placement of common stock		-0-			80,000
Purchase and sale of treasury stock		-0-			(9,017)
Investment in closely held company		-0-			(66,500)
Net borrowings on note payable		-0-			28,923
Proceeds from loan payable to officer		-0-			800
NET CASH PROVIDED BY (USED BY) FINANCING ACTIVITIES		100,000			559,206
NET INCREASE (DECREASE) IN CASH
AND CASH EQUIVALENTS		(701,802	)		1,185,918
CASH AND CASH EQUIVALENTS - BEGINNING		1,588,056			474,626
CASH AND CASH EQUIVALENTS - ENDING	$	886,254		$	1,660,544
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	$	-0-		$	-0-
SUPPLEMENTAL NONCASH TRANSACTIONS:
Conversion of warrants to common stock	$	-0-		$	-0-

Property and Equipment

FProperty and equipment are recorded at cost. Depreciation is provided by straight-6line and accelerated methods, over the estimated useful lives of the assets, ranging from 39 years for leasehold improvements and 5 to 7 years for furniture and equipment. Normal expenditures for repairs and maintenance are charged to operations as incurred.

~~Table~~Revenue ~~of Contents~~Recognition

~~SUPPORTSAVE~~The ~~SOLUTIONS,~~Company ~~INC~~recognizes revenue when products are fully delivered or services have been provided and collection is reasonably assured.

~~NOTES~~Advertising ~~TO THE CONSOLIDATED FINANCIAL STATEMENTS~~Costs

~~FEBRUARY~~The 28Company follows the policy of expensing advertising costs as they are incurred. Advertising expenses for the three months ended August 31, 2011 and 2010 were $16,434 and $20,539, respectively.

1.Use ~~NATURE~~of ~~OF BUSINESS~~Estimates

~~SupportSave~~The ~~Solutions,~~preparation ~~Inc.~~of ~~was~~financial ~~incorporated~~statements in ~~Nevada~~conformity onwith ~~May 2,~~generally accepted ~~2007,~~accounting ~~and~~principles ~~provides~~requires ~~offshore~~management ~~business~~to ~~process~~make ~~outsourcing,~~estimates orand ~~BPO,~~assumptions ~~services~~that ~~from~~affect ancertain ~~outsourcing~~reported ~~center~~amounts ~~through its wholly-owned subsidiary of the same name, which was incorporated in the Philippines on October 17, 2006~~ and ~~operates in the Philippines~~disclosures. ~~Both~~ Accordingly, ~~the~~actual ~~parent~~results ~~and~~could ~~its~~differ ~~subsidiary~~from ~~are~~those ~~hereinafter referred to as "the Company"~~estimates.

~~2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES~~F-4

~~Basis~~Table of ~~Presentation~~Contents

~~The~~SUPPORTSAVE ~~financial~~SOLUTIONS, ~~statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in U~~INC.~~S. dollars. The Company uses the accrual basis of accounting and has adopted a May 31 year end.~~

~~Certain~~NOTES ~~information~~TO ~~and~~THE ~~footnote~~CONSOLIDATED ~~disclosures~~FINANCIAL normally included in annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. We believe that the disclosures are adequate to make the financial information presented not misleading. These condensed financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto for the year ended May 31, 2010. All adjustments were of a normal recurring nature unless otherwise disclosed. In the opinion of management, all adjustments necessary for a fair statement of the results of operations for the interim period have been included. The results of operations for such interim periods are not necessarily indicative of the results for the full year.STATEMENTS

~~Principles~~AUGUST of31, ~~Consolidation~~2011

~~The~~NOTE ~~consolidated~~2: ~~financial~~SUMMARY ~~statements~~OF ofSIGNIFICANT ~~the~~ACCOUNTING ~~Company~~POLICIES ~~include the accounts of the parent company and its wholly-owned Philippines subsidiary. All significant intercompany accounts and transactions have been eliminated in consolidation.~~(CONTINUED)

~~Cash~~Income ~~and Cash Equivalents~~Taxes

~~SupportSave~~The ~~considers~~Company ~~all~~uses ~~highly~~an ~~liquid~~asset ~~investments~~and ~~with~~liability ~~maturities~~approach to financial accounting and reporting for income taxes. The difference between the financial statements and tax bases of 3assets ~~months~~and orliabilities ~~less~~is determined annually. Deferred income tax assets and liabilities are computed for those differences that have future tax consequences using the currently enacted tax laws and rates that apply to the periods in which they are expected to affect taxable income. Valuation allowances are established, if necessary, to reduce the deferred tax assets to the amount that will more likely than not be ~~cash~~realized. Income ~~equivalents~~tax expense is the current tax payable or refundable for the period, plus or minus the net change in the deferred tax assets and liabilities.

~~Property~~Foreign ~~and~~Currency ~~Equipment~~Translation

~~Property~~The ~~and~~functional ~~equipment~~currency ~~are~~of ~~recorded~~the atCompany ~~cost. Depreciation~~ is ~~provided~~the byUnited ~~straight-line~~States ~~and~~Dollar. The ~~accelerated~~financial ~~methods,~~statements ~~over~~of the ~~estimated~~Company’s ~~useful~~Philippine ~~lives~~operations ofare ~~the~~translated ~~assets,~~to ~~ranging~~U.S. ~~from~~dollars 39using ~~years~~the ~~for~~period ~~real~~exchange rates ~~estate~~as ~~(building)~~to assets and 5liabilities toand 7average ~~years~~exchange ~~for~~rates ~~furniture~~as to revenues and ~~equipment~~expenses. ~~Normal~~ ~~expenditures~~Capital ~~for~~accounts ~~repairs~~are translated at their historical exchange rates when the capital transaction occurs. Net gains and ~~maintenance~~losses resulting from foreign exchange translations are ~~charged~~included toin the statements of operations and changes in stockholders’ equity as ~~incurred~~other comprehensive income (loss).

~~F-7~~Currency Hedging Transactions

~~Table~~The Company's operating expenses consist primarily of ~~Contents~~salaries, payroll taxes and employee benefit costs paid to the professionals that the Company employs in the Philippines. Since employee related costs are paid in the local currency, the Company is exposed to the risk of foreign currency fluctuations. In an effort to try to minimize the downside risk of fluctuating currency rates, the Company has entered into foreign exchange forward contracts from time to time. Any gains or losses from the settled and outstanding forward contracts are recorded as other income/expense in the statement of operations.

~~SUPPORTSAVE~~Impairment ~~SOLUTIONS,~~of ~~INC.~~Long-Lived Assets

~~NOTES~~The TOCompany ~~THE~~reviews ~~CONSOLIDATED~~its ~~FINANCIAL~~major ~~STATEMENTS~~assets ~~(CONTINUED)~~for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If an asset is considered impaired, then impairment will be recognized in an amount determined by the excess of the carrying amount of the asset over its fair value.

~~FEBRUARY~~Financial ~~28, 2011~~Instruments

2The Company’s financial instruments consist of cash and cash equivalents, investments in marketable securities, accounts receivable – trade and other, notes receivable, interest receivable, accounts payable, accrued expenses, loan payable – officer and deferred revenue. ~~SUMMARY~~The OFcarrying ~~SIGNIFICANT~~amounts ~~ACCOUNTING~~of ~~POLICIES~~financial ~~(CONTINUED)~~instruments are considered by management to be their estimated fair values due to their short-term maturities. Securities that are publicly traded are valued at their fair market value based as of the balance sheet date presented.

~~Deferred~~Basic ~~Revenue~~Income Per Share

~~Deferred~~Basic ~~revenue~~income ~~represents~~per ~~advances~~share ~~received~~is oncalculated ~~services~~by dividing the Company’s net loss applicable to becommon ~~rendered~~shareholders ~~for~~by the weighted average number of common shares during the period. ~~subsequent~~Diluted earnings per share is calculated by dividing the Company’s net income available to ~~February~~common ~~28,~~shareholders ~~2011~~by ~~and~~the ~~May~~diluted ~~31,~~weighted ~~2010~~average number of shares outstanding during the year. ~~Deferred~~ ~~revenue~~The ~~was~~diluted $0weighted ~~and~~average $0number asof shares outstanding is the basic weighted number of ~~February~~shares ~~28,~~adjusted ~~2011~~for ~~and~~any ~~May~~potentially dilutive debt or equity. There are no such common stock equivalents outstanding as of August 31, ~~2010, respectively~~2011.

~~Income Taxes~~F-5

~~The~~Table ~~Company uses an asset and liability approach to financial accounting and reporting for income taxes. The difference between the financial statements and tax bases~~ of assets and liabilities is determined annually. Deferred income tax assets and liabilities are computed for those differences that have future tax consequences using the currently enacted tax laws and rates that apply to the periods in which they are expected to affect taxable income. Valuation allowances are established, if necessary, to reduce the deferred tax assets to the amount that will more likely than not be realized. Income tax expense is the current tax payable or refundable for the period, plus or minus the net change in the deferred tax assets and liabilities.Contents

~~Revenue~~SUPPORTSAVE ~~Recognition~~SOLUTIONS, INC.

~~The~~NOTES ~~Company~~TO ~~recognizes~~THE ~~revenue~~CONSOLIDATED ~~when~~FINANCIAL ~~products are fully delivered or services have been provided and collection is reasonably assured.~~STATEMENTS

~~Foreign~~AUGUST ~~Currency~~31, ~~Translation~~2011

~~The~~NOTE ~~functional~~2: ~~currency~~SUMMARY ofOF ~~the~~SIGNIFICANT ~~Company~~ACCOUNTING isPOLICIES the United States Dollar. The financial statements of the Company’s Philippine operations are translated to U.S. dollars using the period exchange rates as to assets and liabilities and average exchange rates as to revenues and expenses. Capital accounts are translated at their historical exchange rates when the capital transaction occurs. Net gains and losses resulting from foreign exchange translations are included in the Statement of Operations and Changes in Stockholders’ Equity as Other comprehensive income (~~loss~~CONTINUED).

~~Currency~~Treasury ~~Hedging Contract Transactions~~Stock

~~The~~Treasury ~~Company's~~stock ~~operating~~purchases ~~expenses~~are ~~consist~~accounted ~~primarily~~for ofunder ~~salaries, payroll taxes and employee benefit costs paid to~~ the ~~professionals~~cost ~~that~~method whereby the ~~Company~~entire ~~employs~~cost inof the ~~Philippines. Since~~acquired ~~employee~~stock ~~related costs are paid in the local currency, the Company~~ is ~~exposed~~recorded toas ~~the~~treasury ~~risk of foreign currency fluctuations~~stock. In anGains ~~effort~~and tolosses ~~try~~on ~~to minimize~~ the ~~downside~~subsequent ~~risk~~reissuance of ~~fluctuating~~shares are ~~currency~~credited ~~rates, the Company has entered into foreign exchange forward contracts. Any gains~~ or ~~losses~~charged ~~from~~to ~~the~~additional ~~settled~~paid ~~and~~in ~~outstanding~~capital ~~forward~~using ~~contracts are recorded as Other income/expense in~~ the ~~Statement~~average-cost ~~of Operations~~method.

FStock-8Based Compensation

~~Table~~Stock-based compensation is accounted for at fair value in accordance with SFAS No. 123 and 123 (R) (ASC 718). To date, the Company has not adopted a stock option plan and has not granted any stock options. The Company did not issue any shares of ~~Contents~~common stock to employees during the three months ended August 31, 2011 and 2010, respectively.

~~SUPPORTSAVE~~Recent ~~SOLUTIONS,~~Accounting ~~INC.~~Pronouncements

~~NOTES~~The TOCompany ~~THE~~does ~~CONSOLIDATED~~not ~~FINANCIAL~~expect ~~STATEMENTS~~the ~~(CONTINUED)~~adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow.

~~FEBRUARY~~NOTE ~~28,~~3: ~~2011~~PROPERTY AND EQUIPMENT

2.Property ~~SUMMARY~~and OFequipment ~~SIGNIFICANT~~consisted ~~ACCOUNTING~~of ~~POLICIES~~the ~~(CONTINUED)~~following as of August 31, 2011 and May 31, 2011:

Advertising Costs

	August 31, 2011			May 31, 2011
Office furniture and equipment	$	282,694		$	272,574
Software		13,699			13,699
Leasehold improvements		636,937			636,937
Sub-total		933,330			923,210
Less: Accumulated depreciation		(202,671	)		(184,874	)
Total Property and Equipment	$	730,659		$	738,336

~~The~~Depreciation ~~Company~~expense ~~follows~~was ~~the~~$17,798 ~~policy~~and of$14,480 ~~expensing advertising costs as they are incurred. Advertising expenses~~ for the ~~nine~~three months ended ~~February~~August 2831, 2011 and 2010 ~~were $54~~,~~939~~ ~~and $87,609,~~ respectively.

~~Impairment~~NOTE of4: ~~Long-Lived~~NOTE ~~Assets~~RECEIVABLE

~~The~~On May 11, 2009, the Company ~~reviews~~sold its ~~major~~office ~~assets~~building for ~~impairment~~$260,000 on ~~whenever~~a ~~events~~note orreceivable. ~~changes~~The inCompany ~~circumstances~~received ~~indicate~~$50,000 ~~that~~down and the ~~carrying~~remainder ~~amount~~is payable in 23 monthly interest only installments of $1,225 anbeginning ~~asset~~June ~~may~~11, ~~not~~2009, bewith ~~recoverable. If~~a anballoon ~~asset~~payment isof ~~considered~~the ~~impaired~~remaining principal and all accrued interest due on May 11, ~~then~~2011. The ~~impairment~~note ~~will~~bears beinterest ~~recognized~~at in7% anper ~~amount~~annum ~~determined~~and is secured by the ~~excess~~real ofproperty. On January 28, 2011, the ~~carrying~~Company ~~amount~~settled ofthe note receivable for $100,000. The Company has written off the ~~asset~~remaining ~~over~~$110,000 ~~its~~balance ~~fair~~as ~~value~~bad debt at May 31, 2011.

~~Financial~~NOTE ~~Instruments~~5: NOTE RECEIVABLE – RELATED PARTY

~~The~~During ~~carrying~~the ~~amounts~~year ofended ~~financial~~May ~~instruments~~31, ~~are~~2010, ~~considered~~the byCompany ~~management~~loaned $50,000 to a berelated ~~their~~party ~~estimated~~to ~~fair~~fund ~~values~~an ~~due~~investment toin ~~their~~a ~~short-term~~film ~~maturities~~project. ~~Securities~~ ~~that~~The ~~are~~loan ~~publicly~~was ~~traded~~due ~~are~~on ~~valued~~June 14, 2011 and at ~~their~~that ~~fair~~time ~~market~~a ~~value~~total ~~based~~balloon aspayment of $55,000 was due that will satisfy the principal and accrued interest. On June 2, 2010, the Company loaned an additional $50,000 to the related party and amended the terms of the ~~balance~~initial ~~sheet~~loan. ~~date~~The ~~presented~~total note receivable of $100,000 plus 6.66 % interest will be due on January 1, 2012. Interest expense related to these loans was $1,665 and $1,665 for the three months ended August 31, 2011 and 2010, respectively.

~~Use of Estimates~~F-6

~~The~~Table ~~preparation~~ of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.Contents

~~Treasury~~SUPPORTSAVE ~~Stock~~SOLUTIONS, INC.

~~Treasury~~NOTES ~~stock~~TO ~~purchases~~THE ~~are~~CONSOLIDATED ~~accounted~~FINANCIAL for under the cost method whereby the entire cost of the acquired stock in recorded as treasury stock. Gains and losses on the subsequent reissuance of shares are credited or charged to capital in excess of par value using the average-cost method.STATEMENTS

~~Basic~~AUGUST ~~Income~~31, ~~per Share~~2011

~~Basic~~NOTE ~~loss~~6: ~~per~~MARKETABLE ~~share has been calculated based on the weighted average number of shares of common stock outstanding during the period.~~SECURITIES

FMarketable securities are shown on the balance sheet. The first-9in, first-out (FIFO) method is used to determine the cost of each security at the time of sale. We consider our investment portfolio and marketable equity investments available-for-sale. Accordingly, these investments are recorded at fair market value. As of August 31, 2011, an unrealized loss of $19,613 has been recorded. Cost and market value of equitable securities at August 31, 2011 and May 31, 2011 are as follows:

Table of Contents

	Cost		Gross Unrealized Loss			Market Value

Equities/Options, August 31, 2011	$	20,013	$	(19,613	)	$	400

Equities/Options, May 31, 2011	$	20,013	$	(19,113	)	$	900

~~SUPPORTSAVE~~NOTE ~~SOLUTIONS,~~7: ~~INC.~~ACCRUED EXPENSES

~~NOTES~~Accrued TOexpenses ~~THE~~consisted ~~CONSOLIDATED~~of ~~FINANCIAL~~the ~~STATEMENTS~~following ~~(CONTINUED)~~as of August 31, 2011 and May 31, 2011:

FEBRUARY 28, 2011

	August 31, 2011		May 31, 2011
Accrued wages and taxes	$	0	$	33,954
Accrued professional fees		0		21,911
Accrued miscellaneous		134,313		0
Total Accrued expenses	$	134,313	$	55,865

2.NOTE ~~SUMMARY~~8: OFCOMMON ~~SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)~~STOCK

~~Stock-Based~~The ~~Compensation~~Company has 100,000,000 shares of $0.00001 par value common stock authorized.

~~Stock-based~~On ~~compensation~~January 1, ~~is accounted for at fair value in accordance with SFAS No. 123 and 123 (R) (ASC 718). To date~~2010, the Company ~~has~~sold ~~not~~875,000 ~~adopted~~shares aof its common stock ~~option~~in ~~plan~~a ~~and~~private ~~has~~offering ~~not~~at ~~granted any stock options~~$0. ~~During~~60 ~~the~~per ~~nine~~share ~~months~~for ~~ended~~total ~~February~~cash ~~28,~~of ~~2011 and the year ended May 31~~$525,000. ~~2010~~275,387 ~~the~~of ~~Company~~those ~~issued 682,500 and 373,333~~ shares ofcame ~~common~~from ~~stock~~the ~~to employees, respectively~~treasury. ~~See Note 8.~~

~~Recent~~The ~~Accounting~~Company ~~Pronouncements~~purchased back 20,500 shares for a total cost of $9,017 during year ended May 31, 2010 and returned them to treasury.

~~The~~On ~~Company~~April 12, ~~does~~2011, ~~not~~the ~~expect~~Company ~~the~~sold ~~adoption~~3,000,000 shares of ~~recently~~its common ~~issued~~stock ~~accounting~~in ~~pronouncements~~a toprivate ~~have~~offering at $0.05 per share for a ~~significant~~total ~~impact~~cash onvalue of $150,000. The Company collected $94,700 and recorded the balance of $55,300 as a stock subscription receivable. The Company’s ~~results~~determined the balance of ~~operations~~$55,300 ~~financial~~to ~~position~~be oruncollectable ~~cash~~at May 31, ~~flow~~2011 and wrote off the balance against additional paid-in capital.

3On May 26, 2011, the Company sold 650,000 shares of its common stock in a private offering at $0.10 ~~NOTE~~per ~~RECEIVABLE~~share -for ~~BUILDING~~a total cash value of $65,000.

OnThe ~~May 11,~~Company ~~2009,~~issued ~~the~~shares ~~Company~~at ~~sold~~various ~~its~~times ~~office~~to ~~building~~employees for ~~$260,000~~services rendered. onDuring athe ~~note~~years ~~receivable. The~~ended ~~Company received $50~~May 31,~~000~~ ~~down~~2011 and ~~the~~2010, ~~remainder was payable in 23 monthly interest only installments of $~~1,~~225 beginning June 11~~682,499 ~~2009, with a balloon payment of the remaining principal~~ and ~~all accrued interest due May 11~~373,333 ~~2011. On~~shares ~~January~~were ~~28,~~issued ~~2011,~~to ~~the~~employees ~~Company~~for ~~settled~~total ~~the~~value of ~~note~~$758,246 ~~receivable~~and ~~for~~ $~~100~~280,000, respectively. The ~~Company~~shares ~~has~~were ~~written~~valued ~~off~~at the ~~remaining~~market ~~balance~~price ofon the ~~note~~grant ~~receivable as bad debt expense and has no further obligation from the purchaser~~date.

~~4. NOTE RECEIVABLE~~ F- ~~RELATED PARTY~~7

~~During~~Table ~~the year ended May 31, 2010, the Company loaned $50,000 to a related party to fund an investment in a film project. The loan is due on June 14, 2011, and at that time, a total balloon payment~~ of ~~$55,000 is due that will satisfy the principal and accrued interest.~~Contents

OnSUPPORTSAVE ~~June 2~~SOLUTIONS, ~~2010, the Company loaned an additional $50,000 to a related party~~INC. ~~The loan is due eighteen (18) months from the date of issuance and a balloon payment of $55,000, consisting of principal and interest, will be due at that time.~~

5.NOTES ~~MARKETABLE~~TO ~~SECURITIES~~THE CONSOLIDATED FINANCIAL STATEMENTS

~~Marketable~~AUGUST securities are shown on the balance sheet. The first-in, first-out (FIFO) method is used to determine the cost of each security at the time of sale. We consider our investment portfolio and marketable equity investments available-for-sale. Accordingly, these investments are recorded at fair market value. As of February 28, 2011 and May 31, ~~2010, unrealized losses of $19,740 and $19,403, respectively, have been recorded.~~2011

~~F-10~~NOTE 8: COMMON STOCK (CONTINUED)

~~Table~~In April and May 2011, the Company issued 6,396,250 anti-dilution shares of ~~Contents~~common stock to two officers under the terms of their employment agreements. The share issuances were recorded at par value.

~~SUPPORTSAVE~~During ~~SOLUTIONS~~the year ended May 31, ~~INC~~2011, the Company entered into two agreements to purchase back stock into treasury.

~~NOTES~~The TOCompany ~~THE~~agreed ~~CONSOLIDATED~~to ~~FINANCIAL~~purchase ~~STATEMENTS~~back ~~(CONTINUED)~~833,333 shares of common stock for a total cost of $500,000 in accordance with a settlement agreement with a shareholder. The Company paid $200,000 and recorded the remaining $300,000 as a payable as of May 31, 2011, which remains payable at August 31, 2011.

~~FEBRUARY~~The 28Company also agreed to purchase back 6,835,425 shares of common stock for a total cost of $500,000 in accordance with a settlement agreement with a departing officer of the Company. The Company paid $100,000 and recorded the remaining $400,000 as a payable as of May 31, 2011. The remaining $400,000 payable was paid during the three months ending August 31, 2011.

5.NOTE ~~MARKETABLE~~9: ~~SECURITIES~~OPERATING ~~(CONTINUED)~~LEASE

~~Cost~~The ~~and~~Company ~~market~~operates ~~value~~out of ~~marketable~~a ~~equity~~leased ~~securities~~facility in Cebu, Philippines. The lease began on December 1, 2007, and is for 5 years at ~~February~~the 28current rate of approximately $1,900 per month. On August 15, 2010, the Company signed a lease in Los Angeles for approximately $1,200 per month for a term of twelve months. On May 18, 2011, ~~and~~the Company board voted to close the Los Angeles facility effective that day. Also on May 3118, ~~2010~~2011, ~~are~~the asCompany ~~follows:~~moved its corporate address to an office in Troy, Michigan by a shareholder who is providing the office space free of charge.

	Cost		Gross Unrealized Gains/(Losses)			Market Value
February 28, 2011:
Equities/options	$	20,013	$	(19,740	)	$	273
May 31, 2010:
Equities/options	$	20,013	$	(19,403	)	$	610

In March 2010, the Company signed a new lease for a facility in Cebu, Philippines. The lease begins on July 30, 2010, and is for 5 years at the rate of approximately $10,650 per month plus utilities. The lease contains a rent-free fit-out period from March 30 to July 29, 2010. The lease also contains an option for additional 5 years upon mutual agreement of the parties.

6.Minimum ~~INVESTMENTS~~annual rents for all leases for the next five years are as follows:

During the year ended May 31, 2010, the Company invested in a company, Affordacars, LLC, in the amount of $16,500. As of May 31, 2010, the Affordacars, LLC is insolvent and the investment has been written off in full.

Period Through:	Amount:
August 31, 2012	$	135,298
2013		142,422
2014		149,763
2015		143,619
Total	$	571,102

7.NOTE ~~ACCRUED~~10: ~~EXPENSES~~MAJOR CUSTOMERS

~~Accrued~~Sales ~~expenses~~to ~~consisted~~two customers accounted for 27% and 13% of net sales in the ~~following~~three asmonths ofended ~~February~~August 2831, 2011 and ~~May~~sales to one customer accounted for 38% of net sales in the three months ended August 31, 2010:, respectively.

	February 28, 2011		May 31, 2010
Accrued professional fees	$	5,500	$	12,015
Accrued foreign taxes		-0-		25,985
Accrued miscellaneous		-0-		1,185
Employment settlement		32,000		-0-
Total accrued expenses	$	37,500	$	39,185

F-8

8.Table ~~COMMON~~of ~~STOCK~~Contents

~~The~~SUPPORTSAVE ~~Company issued shares at various times to employees for services rendered. During the nine months ended February 28~~SOLUTIONS, ~~2011 and the year ended May 31, 2010, 682,500 and 373,333 shares were issued to employees for a total value of $397,442 and $280,000, respectively~~INC. ~~The shares were valued at the market price on the grant date.~~

OnNOTES ~~January 1,~~TO ~~2010,~~THE ~~the~~CONSOLIDATED ~~Company~~FINANCIAL ~~sold 875,000 shares of its common stock in a private offering at $0.60 per share for a total cash value of $525,000.~~STATEMENTS

~~F-11~~AUGUST 31, 2011

~~Table~~NOTE of11: ~~Contents~~INCOME TAXES

~~SUPPORTSAVE~~The ~~SOLUTIONS~~provision for Federal income tax consists of the following for the three months ended August 31, ~~INC.~~2011 and 2010:

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

	2011		2010
Federal income tax expense (benefit) attributable to:
Current operations	$	77,000	$	(93,000	)
Less: valuation allowance		0		0
Net provision (benefit) for Federal income taxes	$	77,000	$	(93,000	)

~~FEBRUARY~~ The ~~28,~~cumulative ~~2011~~tax effect at the expected rate of 35% of significant items comprising our net deferred tax asset is as follows:

8. COMMON STOCK (CONTINUED)

	August 31, 2011		May 31, 2011
Deferred tax asset attributable to:
Net operating loss carryover	$	408,000	$	485,000
Less: valuation allowance		0		0
Net deferred tax asset (liability)	$	408,000	$	485,000

~~The~~NOTE ~~Company~~12: ~~purchased~~SUBSEQUENT back 266,769 shares of treasury stock for a total cost of $64,207 during the year ended May 31, 2009. The Company purchased an additional 20,500 shares for a total cost of $9,017 during the year ended May 31, 2010. On August 21, 2009, the Company sold 275,387 shares of this treasury stock for $80,000 through a subscription agreement in a private placement. The proceeds and cost of these shares have been accounted for in additional paid in capital. The remaining 11,882 shares continue to be held as treasury stock, as a reduction to shareholders’ equity.EVENTS

~~The~~On ~~Company~~June ~~issued~~27, ~~682~~2011,~~500~~ ~~shares~~Mr. ofJoseph ~~common~~Duryea, ~~stock~~our asformer ~~compensation~~President, ~~during~~filed a complaint (“the ~~nine~~Complaint”) ~~months~~against ~~ended~~us ~~February~~in ~~28,~~the ~~2011~~United States District Court for the District of Nevada (Case No. ~~The~~ ~~shares~~2:11-cv-01054-GMN CWH) ~~were~~alleging ~~valued~~breach atof ~~$397~~contract,~~442,~~ ~~which~~breach ~~was~~of the covenant of good faith and fair ~~market~~dealing, ~~value~~tortious asbreach of contract, and fraud (“the ~~grant~~Litigation”) ~~dates~~in relation to an employment agreement (“the Employment Agreement”) we entered into with him on January 15, 2010.

AsOn September 15, 2011, we entered into a settlement agreement (“the Settlement Agreement”) with Mr. Duryea to resolve the above Litigation. Under the terms of ~~February~~the 28Settlement Agreement, ~~2011~~we agreed to pay Mr. Duryea a total of $85,000 (“the ~~Company~~Settlement ~~has~~Funds”). 15Of this total amount,~~186~~ we agreed to pay $45,~~031~~000 ~~shares~~upon execution of ~~common~~the ~~stock~~Settlement ~~issued~~Agreement and ~~outstanding~~the remaining $40,000 shall be paid in four equal installments, payable on or before October 15, 2011, November 15, 2011, December 15, 2011 and January 15, 2012.

9.Further ~~OPERATING~~under ~~LEASE~~the Settlement Agreement, we agreed as follows:

~~The~~- ~~Company~~We ~~operates~~agreed ~~out~~that ofany afailure ~~leased~~on ~~facility~~our inpart ~~Cebu,~~to ~~Philippines. The~~make ~~lease~~timely installment ~~began~~payments onwill ~~December 1,~~make ~~2007,~~the ~~and~~entire isremaining ~~for~~balance 5of ~~years at~~ the ~~rate~~Settlement ofFunds ~~approximately~~immediately ~~$3,500~~due ~~per~~and ~~month. Additional~~payable ~~space~~and ~~has~~we ~~recently~~consented to ~~been~~the ~~added~~immediate atentry anof ~~additional~~judgment ~~$1,720~~against ~~per~~us ~~month. On~~for ~~August~~the ~~15,~~amount ~~2010,~~of the ~~Company~~remaining ~~signed~~balance aof ~~lease~~the inSettlement ~~Los~~Funds, ~~Angeles~~subject ~~for~~to ~~approximately~~pre-judgment interest ~~$1,200~~from ~~per~~the ~~month~~date ~~for~~of athe ~~term~~filing of ~~twelve~~the ~~months~~Complaint forward.

In- ~~March~~We ~~2010,~~agreed ~~the~~to ~~Company~~make ~~signed~~our abest ~~new~~effort ~~lease~~to ~~for~~correct aSEC ~~facility in Cebu, Philippines. The lease begins on July 30, 2010,~~ filings and isany ~~for~~other 5sites ~~years~~to atrecord ~~the~~that ~~rate of approximately $10,650 per month~~Mr. ~~The~~ ~~lease~~Duryea ~~contains~~in afact ~~rent-free~~resigned ~~fit-out period~~ from ~~March 30~~his toformer ~~July~~position ~~29,~~with ~~2010. The~~us ~~lease~~as ~~also~~President, ~~contains~~as anopposed ~~option~~to ~~for additional 5 years upon mutual agreement of~~ the ~~parties. The~~ Company’s ~~has~~previous ~~begun~~allegation ~~moving~~that ~~into~~he ~~their~~had ~~new~~been ~~facility during the current fiscal quarter~~“terminated.”

~~Minimum annual rents for all leases for the next five years are as follows:~~F-9

Twelve Months Ended February 28,	Amount
2011	$	203,225
2012		185,831
2013		146,083
2014		153,533
2015		65,281
	$	753,954

Table of Contents

~~F-12~~SUPPORTSAVE SOLUTIONS, INC.

~~Table~~NOTES ofTO ~~Contents~~THE CONSOLIDATED FINANCIAL STATEMENTS

~~SUPPORTSAVE~~AUGUST ~~SOLUTIONS~~31, ~~INC.~~2011

~~NOTES~~NOTE TO12: ~~THE~~SUBSEQUENT ~~CONSOLIDATED~~EVENTS ~~FINANCIAL STATEMENTS~~ (CONTINUED)

~~FEBRUARY~~The 28Settlement Agreement provides for a mutual release of claims and a non-disparagement clause. Upon payment of the Settlement Funds, ~~2011~~the Litigation will be dismissed. The parties acknowledged, however, that Mr. Duryea’s additional stock rights, as described in his Employment Agreement, as a stockholder of our company will remain intact.

~~10.~~On ~~INCOME~~October ~~TAXES~~4, 2011, the Company announced the execution of a stock buyback program, subject to market conditions, with purchases to be made out of ongoing positive cash flow from operations.

~~The~~Under ~~provision~~the ~~for~~program, ~~Federal~~the ~~income~~Company ~~taxes~~may ~~consists~~acquire approximately 3,000,000 shares at prices of up to $0.10 per share over the ~~following~~next 90 days. The timing and exact number of shares purchased will be at ~~February~~the Company's ~~28:~~discretion. The buyback of shares may occur in open market, negotiated or block transactions.

	2011			2010
Current expense	$	-0-		$	204,000
Deferred (benefit) expense		(249,000	)		-0-
	$	(249,000	)	$	204,000

The Company does not intend to repurchase any shares from its management team or other insiders. This stock buyback program does not obligate the Company to acquire any specific number of shares and may be suspended or discontinued at any time.

~~The~~Management ~~cumulative~~has ~~tax~~evaluated ~~effect~~subsequent atevents ~~the~~through ~~expected~~October ~~rate~~7, of2011, the ~~35%~~date ofon ~~significant~~which ~~items~~the ~~comprising~~financial ~~our~~statements ~~net~~were ~~deferred~~issued, ~~tax~~and ~~amount~~has isdetermined asit ~~follows~~does atnot ~~February~~have ~~28,~~any ~~2011~~other ~~and~~material ~~May~~subsequent ~~31,~~events to ~~2010:~~disclose.

	February 28, 2011		May 31, 2010
Deferred tax asset attributable to:
Net operation loss carryover	$	249,000	$	(97,000)
Less: valuation allowance		-0-		-0-
Net deferred tax asset	$	249,000	$	(97,000)

F-10

~~11.~~Table ~~CONCENTRATION~~of ~~OF CREDIT RISK~~Contents

~~The~~Item ~~Company maintains cash balances at three financial institutions~~2. At ~~February 28, 2011, the Company~~Management’s ~~cash~~Discussion and ~~cash~~Analysis ~~equivalents~~of ~~exceeded~~Financial ~~federally~~Condition ~~insured limits by $536,002. Of the total cash~~ and ~~cash~~Results ~~equivalents,~~of ~~$8,565 is invested in a broker/dealer money market account.~~Operations

~~12.~~Forward-Looking ~~SALES TO MAJOR CUSTOMER~~Statements

~~Sales~~Certain tostatements, ~~one~~other ~~customer~~than ~~amounted~~purely historical information, including estimates, projections, statements relating to ~~32%~~our business plans, objectives, and ~~26%~~expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of ~~net~~the Private ~~sales~~Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words “believes,” “project,” “expects,” “anticipates,” “estimates,” “intends,” “strategy,” “plan,” “may,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. We intend such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the ~~nine~~Private ~~months~~Securities ~~ended~~Litigation ~~February~~Reform 28Act of 1995, ~~2011~~and are including this statement for purposes of complying with those safe-harbor provisions. Forward-looking statements are based on current expectations and ~~2010~~assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse affect on our operations and future prospects on a consolidated basis include, ~~respectively~~but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Further information concerning our business, including additional factors that could materially affect our financial results, is included herein and in our other filings with the SEC.

~~13. SIGNIFICANT EVENTS~~Overview

On We ~~December~~provide 20offshore business process outsourcing, ~~2010~~or “BPO,” services which we deliver primarily to U.S.-based clients from our facilities in the ~~Company~~Philippines. ~~moved~~BPO ~~their~~services ~~Philippine~~involves ~~operations~~contracting with an external organization to ~~their~~take ~~new~~primary ~~facility~~responsibility for providing a business process or function, such as ~~described~~customer inmanagement, ~~Note~~transcription ~~9. The~~and ~~Company~~captioning, ~~has~~processing ~~not~~services, ~~completely~~human resources, ~~moved~~procurement, ~~from~~logistics ~~the~~support, ~~old~~finance ~~facility~~and accounting, engineering, facilities management, information technology and training. isThese ~~trying~~customer care services and solutions are provided by our skilled customer service representatives to ~~settle~~small ~~its~~and mid-sized ~~lease~~companies ~~obligation~~in the healthcare, communication, business services, financial services, publishing, and travel and entertainment industries.

InReport ~~February 2011, the Company terminated employment with an executive and two other employees. The Company reached a settlement with one~~ of ~~the~~Operations ~~employees in April~~ for ~~$32,000, which has been expensed in~~ the ~~current~~Three ~~quarter. The~~Months Ended ~~Company~~August is31, ~~currently~~2011 ~~in negotiations with the other former employee~~ and ~~the results of these negotiations are indeterminable at this time.~~2010

~~F-13~~To become more profitable and competitive, we have to attract more clients, sell our services and generate more revenues.

~~Table~~Our revenue reported for the three months ended August 31, 2011 was $911,171, compared with $572,587 for the same period ended August 31, 2010. Our revenue generated for both periods was attributable to the sale of ~~Contents~~our BPO services and was comparable for both periods.

~~SUPPORTSAVE~~Returns ~~SOLUTIONS~~and allowances are refunds for services not provided. Returns and allowances for the three months ended August 31, ~~INC~~2011 amounted to $2,651, compared with $5,934 for the same period ended August 31, 2010. We experienced less returns and allowances in the three months ended August 31, 2011 compared with the same period 2010 as a result of improved service delivery.

~~NOTES~~Our TOrevenue ~~THE~~less ~~CONSOLIDATED~~returns ~~FINANCIAL~~and ~~STATEMENTS~~allowances ~~(CONTINUED)~~is our total revenue. Total revenue for the three months ended August 31, 2011 was $908,520, compared with $566,653 for the same period ended August 31, 2010.

~~FEBRUARY~~Our 28operating expenses for the three months ended August 31, 2011 were $691,205, compared with $838,343 for the same period ended August 31, 2010. The decrease in our operating expenses for the three months ended August 31, 2011 compared with August 31, 2010 is largely attributable to: decreased wages and benefits, which decreased by $273,055. Below is a breakdown of our operating expenses for the three months ended August 31, 2011 and 2010.

~~14. SUBSEQUENT EVENTS~~4

~~During~~Table the current quarter, the Company entered into a settlement agreement with an investor who invested $500,000 in January 2010. The investor made an investment after a bankruptcy filing, to which the court has requested the money back. Under terms of the agreement, the Company will pay $200,000 once the settlement is approved by the court and the investor has six months to sell the remainder of his stock. At that point, the Company will owe the investor the balance of unsold shares or the difference between what the Company paid and what the investor sold them at. The resulting amount the Company may be liable for is indeterminable at this point.Contents

Management has evaluated subsequent events through the date of which the financial statements were submitted to the Securities and Exchange Commission and has determined it does not have any other material subsequent events to disclose.

	2011		2010
Wages and benefits	$	407,895	$	680,950
Rent		67,595		27,034
Advertising		16,434		20,539
Telephone, internet and utilities		45,979		25,250
Commissions		14,550		16,910
Settlements Expense		4,500		—
Legal and accounting		6,737		8,381
Depreciation		17,798		14,480
Selling, general and administrative		109,717		44,799
TOTAL OPERATING EXPENSES	$	691,205	$	838,343

~~F-14~~We had other income of $1,698 for the three months ended August 31, 2011, compared with other income of $5,806 for the three months ended August 31, 2010. Our other expenses for both periods was a result of interest income.

~~Table~~We had net income of ~~Contents~~$142,013 for the three months ended August 31, 2011, compared with a net loss of $172,884 for the three months ended August 31, 2010.

~~Item~~Liquidity ~~2. Management’s Discussion~~ and ~~Analysis~~Capital ~~of Financial Condition and Results of Operations~~Resources

~~Forward-Looking~~As ~~Statements~~at August 31, 2011, we had $673,049 in current assets and $719,642 in current liabilities. On August 31, 2011, we had a working capital deficit of $46,593.

~~Certain~~Operating ~~statements,~~activities ~~other~~provided ~~than purely historical information~~$327,512 ~~including~~in ~~estimates,~~cash projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words “believes,” “project,” “expects,” “anticipates,” “estimates,” “intends,” “strategy,” “plan,” “may,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. We intend such forward-looking statements to be covered by the safe-harbor provisions for ~~forward-looking statements contained in~~ the ~~Private~~three ~~Securities~~months ended ~~Litigation~~August ~~Reform Act of 1995~~31, ~~and are including this statement for purposes of complying with those safe-harbor provisions~~2011. ~~Forward-looking~~ ~~statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements.~~ Our ~~ability~~net toincome ~~predict results or the actual effect~~ of ~~future plans or strategies is inherently uncertain. Factors which could have a material adverse affect on our operations and future prospects on a consolidated basis include~~$142,013, ~~but~~along ~~are~~with ~~not~~deferred ~~limited~~tax ~~to:~~asset ~~changes in economic conditions, legislative/regulatory changes, availability~~ of ~~capital~~$77, ~~interest rates~~000, ~~competition,~~ and ~~generally~~accrued ~~accepted~~expenses ~~accounting~~of principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. We undertake no obligation to update or revise publicly any forward-looking statements$78,448 ~~whether~~were the asprimary acomponents ~~result~~ of ~~new information, future events or otherwise. Further information concerning~~ our ~~business,~~positive ~~including~~operating ~~additional~~cash ~~factors that could materially affect our financial results, is included herein and in our other filings with the SEC~~flow.

~~Overview~~Cash flows used by investing activities during the three months ended August 31, 2011 were $11,509 mainly as a result of $10,120 for the purchase of property and equipment.

WeCash ~~provide~~flows ~~offshore~~used business process outsourcing, or “BPO,” services which we deliver primarily to U.S.-based clients from our facilities in the Philippines. BPO services involves contracting with an external organization to take primary responsibility for providing a business process or function, such as customer management, transcription and captioning, processing services, human resources, procurement, logistics support, finance and accounting, engineering, facilities management, information technology and training. These customer care services and solutions are provided by ~~our~~financing ~~skilled~~activities ~~customer~~during ~~service representatives to small and mid-sized companies in~~ the ~~healthcare,~~three ~~communication,~~months ended ~~business~~August ~~services~~31, ~~financial~~2011 ~~services,~~were ~~publishing~~$400,000 ~~and~~for ~~travel~~payments ~~and~~on ~~entertainment~~treasury ~~industries~~stock.

4Currently, our primary source of liquidity is cash flows provided by our operations. We will not require additional capital to execute our plan, unless we expand into additional facilities or grow through the acquisition of complementary businesses. Our current cash flows from operations are sufficient to meet our working capital requirements over the next 12 months.

~~Table~~Research ofand ~~Contents~~Development

~~Results~~We ofwill ~~Operations~~not ~~for~~be ~~the~~conducting ~~three~~any ~~and~~product ~~nine~~research ~~months~~or ~~ended~~development ~~February~~during the ~~28,~~next ~~2011~~12 ~~and 2009~~months.

ToOff ~~become~~Balance ~~more~~Sheet ~~profitable and competitive, we have to attract more clients, sell our services and generate more revenues.~~Arrangements

~~Our~~As ~~revenue~~August ~~reported for the three months ended February 28~~31, 2011 ~~was $770~~,~~893,~~ ~~compared~~there ~~with~~were ~~$732,906~~no ~~for~~off ~~the~~balance ~~three~~sheet ~~months ended February 28, 2010~~arrangements. Our revenue reported for the nine months ended February 28, 2011 was $2,093,904, compared with $2,180,766 for the nine months ended February 28, 2010. Our revenue generated for all periods was attributable to the sale of our BPO services.

~~Returns~~Item ~~and allowances are refunds for services not provided~~3. ~~Returns~~ ~~and~~Quantitative ~~allowances for the three months ended February 28, 2011 amounted to $15,902, compared with $19,942 for the same period ended February 28, 2010. Returns~~ and ~~allowances~~Qualitative ~~for~~Disclosures ~~the~~About ~~nine~~Market months ended February 28, 2011 amounted to $25,616, compared with $28,144 for the same period ended February 28, 2010. We experienced more returns and allowances in the three and nine months ended February 28, 2011 compared with the same period 2010 as a result of some infrastructure issues related to our current facility.Risk

~~Our~~A ~~revenue~~smaller ~~less~~reporting ~~returns~~company ~~and allowances~~ is ~~our~~not ~~total~~required ~~revenue. Total~~to ~~revenue~~provide ~~for~~ the ~~three~~information required ~~months~~by ~~ended~~this ~~February 28, 2011 was $754,991, compared with $712,964 for the same period ended February 28, 2010~~Item. ~~Total revenue for the nine months ended February 28, 2011 was $2,068,288, compared with $2,152,622 for the same period ended February 28, 2010.~~

Our operating expenses for the three months ended February 28, 2011 was $874,358, compared with $550,614 for the same period ended February 28, 2010. The increase in our operating expenses for the three months ended February 28, 2011 compared with February 28, 2010 is mainly attributable to an increase in wages and benefits, which amounted to $601,413 in 2011 compared with $338,460 in 2010. We also spend $76,793 in rent for 2011 as compared with only $27,867 in 2010. This was the result of the move to our new facility in Cebu, Philippines. Our administrative expenses also increased to $112,400 in 2011 from $86,730 in 2010.5

~~Our~~Table ~~operating~~of expenses for the nine months ended February 28, 2011 was $2,651,550, compared with $1,473,655 for the same period ended February 28, 2010. Again, the increase in our operating expenses for the nine months ended February 28, 2011 compared with February 28, 2010 is mainly attributable to an increase in wages and benefits, which amounted to $1,988,461 in 2011 compared with $816,633 in 2010. Our rent also increased to $132,004 in 2011 compared with $75,328 in 2010. Our commission expenses decreased to $96,729 in 2011 from $187,198 in 2010.Contents

AsItem we reported last quarter, we expected to experience higher costs related to the compensation of our new management team and the build out and migration to our new 550 seat operation center in the Cybergate building in Cebu, Philippines4. ~~This~~ ~~quarter~~Controls ~~we terminated our former President, Mr. Joseph Duryea,~~ and other sales employees which we believe will have the effect of lowering our wages and salary expenses in the coming year, to somewhat offset our initial expectation. However, our new facility was opened in early December 2010 and we experienced higher costs as we migrated to the facility, and we expect to continue to incur higher costs with the move to a larger, more modern facility during 2011. Also, we have not completely moved from the old facility and we are trying to settle this lease obligation. We are still hopeful that our move to this new facility will result in new business contracts that are much larger than the typical and traditionally smaller BPO contracts we now have. Consequently, we anticipate the increased expense associated with our facility will impair our profitability in the near-term and mid-term, but we also anticipate significant improvement in both overall revenues and profits in the long-term as these new contracts are secured and ramp up.Procedures

5We carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of August 31, 2011. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, Chris Johns. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of August 31, 2011, our disclosure controls and procedures are effective. There have been no changes in our internal controls over financial reporting during the quarter ended August 31, 2011.

~~Table~~Disclosure ofcontrols ~~Contents~~and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act are recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.

InLimitations ~~addition,~~on next quarter we expect to incur increased expenses associated with stock-based compensation. On April 11, 2011, we sold 3,000,000 shares of our common stock in a private offering for working capital. This issuance triggered the ~~anti-dilution~~Effectiveness provisions in our employment agreements with Mr. Chris Johns, our President, and Ms. Aina Dumlao, our CEO. As required by their employment agreements, we were required to issue them additional shares of ~~common~~Internal stock so that their proportionate ownership in our company’s common and voting shares is not decreased. Thus, this new issuance will result in an increase in our stock-based compensation expenses for our fourth quarter and will stand in addition to the increased expenses associated with our new facility and the anticipated settlement costs of our old facility.Controls

WeOur ~~had~~management ~~other~~does ~~expenses~~not ofexpect ~~$142,042~~that ~~for~~our ~~the~~disclosure ~~three~~controls ~~months~~and procedures ~~ended~~or ~~February~~our ~~28,~~internal ~~2011,~~control ~~compared~~over ~~with~~financial ~~other~~reporting ~~income~~will ofnecessarily ~~$17,199~~prevent ~~for~~all ~~the~~fraud ~~three~~and ~~months~~material ~~ended~~error. ~~February~~Our ~~28,~~disclosure controls ~~2010.~~and Weprocedures ~~had~~are ~~other~~designed ~~expenses~~to provide reasonable assurance of ~~$130,410~~achieving ~~for~~our ~~the~~objectives ~~nine~~and ~~months~~our ~~ended~~Chief ~~February~~Executive ~~28,~~Officer and ~~2011,~~Chief ~~compared~~Financial ~~with~~Officer ~~other~~concluded ~~income~~that ofour ~~$72,421~~disclosure ~~for~~controls ~~the~~and ~~nine~~procedures ~~months~~are ~~ended~~effective ~~February~~at ~~20,~~that ~~2010~~reasonable assurance level. ~~Other~~ Further, the ~~expenses~~design inof ~~2011~~a ~~resulted~~control ~~from~~system amust ~~bad~~reflect ~~debt~~the ~~expense~~fact ofthat ~~$110~~there are resource constraints,~~000~~ and ~~settlement~~the ~~expenses~~benefits of ~~$32,000~~controls ~~that~~must ~~were~~be considered ~~not~~relative ~~incurred~~to intheir ~~2010~~costs. On ~~May~~Because ~~11,~~of ~~2009~~the inherent limitations in all control systems, weno ~~sold~~evaluation ~~our~~of ~~office~~controls ~~building~~can ~~for~~provide absolute ~~$260,000~~assurance onthat aall ~~note~~control ~~receivable. We~~issues ~~received~~and ~~$50~~instances of fraud,~~000~~ ~~down~~if ~~and~~any, within the ~~remainder~~Company ~~was~~have ~~payable~~been detected. These inherent limitations include the realities that judgments in 23decision-making ~~monthly~~can ~~interest~~be ~~only~~faulty, ~~installments~~and that breakdowns can occur because of $1simple error or mistake. Additionally,~~225~~ ~~beginning~~controls ~~June~~can 11be circumvented by the individual acts of some persons, ~~2009~~by collusion of two or more people, ~~with~~or aby ~~balloon~~management ~~payment~~override of the ~~remaining~~internal ~~principal~~control. ~~and~~The ~~all~~design ~~accrued~~of ~~interest~~any ~~due~~system ~~May~~of ~~11,~~controls ~~2011. On~~also ~~January~~is ~~28,~~based ~~2011,~~in wepart ~~settled~~upon certain assumptions about the ~~note~~likelihood ~~receivable~~of ~~for~~future ~~$100~~events,~~000. We~~ ~~have~~and ~~written~~there ~~off~~can ~~the~~be ~~remaining~~no ~~balance~~assurance ofthat ~~the~~any ~~note~~design ~~receivable~~will assucceed ~~bad~~in ~~debt~~achieving ~~expense~~its stated ~~and~~goals ~~have~~under noall ~~further~~potential ~~obligation~~future ~~from~~conditions. Over time, control may become inadequate because of changes in conditions, or the ~~purchaser~~degree of compliance with the policies or procedures may deteriorate.

WePART ~~had~~II a– ~~net~~OTHER loss of $170,409 for the three months ended February 28, 2011, compared with net income of $123,549 for the three months ended February 28, 2010. We had a net loss of $464,672 for the nine months ended February 28, 2011, compared with net income of $491,388 for the nine months ended February 28, 2010.INFORMATION

~~Liquidity~~Item ~~and~~1. ~~Capital~~Legal ~~Resources~~Proceedings

AsLoomis ~~at February 28, 2011, we had $1,032,205 in current assets and $225,758 in current liabilities. On February 28, 2011, we had working capital of $806,447.~~Bankruptcy

AsOn ~~explained~~or ~~more~~about ~~fully~~January ~~below~~6, we2011, ~~settled~~ a ~~case~~complaint ~~brought~~was filed against us ~~by Joseph Loomis~~ in the United States Bankruptcy Court for the District of Arizona (Case No. 2:10-bk-01885) by Joseph Charles Loomis (the “Debtor”). ~~Under~~ The Debtor is the ~~settlement,~~subject weof ~~paid~~a MrChapter 11 bankruptcy case. ~~Loomis~~The ~~$200~~complaint alleges that on January 26,~~000~~ 2010, ~~and~~after ~~may~~the ~~have~~commencement of tohis ~~pay~~bankruptcy ~~Mr.~~case, ~~Loomis~~ the ~~remaining~~Debtor made a payment of $~~300~~500,000 ifto heus without prior bankruptcy court approval and that the entire payment is ~~unable~~subject to ~~sell~~being ~~his~~ordered ~~shares~~immediately inreturned to the ~~open~~bankruptcy ~~market~~estate. ~~This~~ ~~contingency~~The ~~may~~payment ~~negatively~~was ~~affect~~made ~~our~~pursuant ~~liquidity~~to ina written Stock Subscription Agreement executed between us and the ~~next~~Debtor 12or ~~months~~about January 1, 2010 whereby the Debtor agreed to purchase 833,333 shares of our common stock (the “Stock Sale”).

~~Operating~~On ~~activities used $146,661 in cash for the nine months ended~~ February 28, 2011., ~~Our~~the ~~net~~United ~~loss~~States ofBankruptcy ~~$464,672,~~Court ~~along~~approved a ~~with~~settlement ~~deferred~~agreement ~~tax~~(the ~~asset~~“Settlement ofAgreement”) ~~$249,000~~between ~~were~~us and the ~~primary~~Debtor. ~~components~~Under ofthe ~~our~~Settlement ~~negative operating cash flow~~Agreement, ~~offset~~we byare required ~~mainly~~to ~~stock-based~~pay ~~compensation~~the ofDebtor $~~397~~200,~~442~~000 ~~and~~within ~~bad~~48 ~~debt~~hours ~~expenses~~ of ~~$110,000.~~entry ~~Cash~~of ~~flows~~the ~~used~~order by ~~investing activities during~~ the ~~nine~~Bankruptcy ~~months~~Court ~~ended~~approving ~~February~~the ~~28,~~Settlement ~~2011~~Agreement. In ~~was~~exchange ~~$655,141~~for ~~mainly~~the asabove-referenced ~~a result of $585~~payment,~~438~~ in the ~~purchase~~Debtor ofwill ~~property~~return ~~and~~to ~~equipment.~~us ~~Cash flows provided $100~~333,~~000~~332 ~~for~~shares ~~the~~of ~~nine~~our ~~months~~common ~~ended~~stock ~~February~~purchased ~~28,~~as ~~2011~~part of ~~from~~ the ~~proceeds~~Stock ~~of a note receivable~~Sale.

Currently, our primary source of liquidity is cash flows provided by our operations. We will not require additional capital to execute our plan, unless we expand into additional facilities or grow through the acquisition of complementary businesses. Our current cash flows from operations are sufficient to meet our working capital requirements over the next 12 months.6

6Table of Contents

~~Table~~Further under the Settlement Agreement, the Debtor shall be permitted to sell his remaining shares of ~~Contents~~stock acquired in the Stock Sale for a price of not less than $0.35 per share. At the expiration of 180 days from the date of entry of an order by the Bankruptcy Court approving the Settlement Agreement, we will buy back all of the remaining shares of stock sold by means of the Stock Sale for an amount such that the Debtor is reimbursed in the total amount of $500,000 as a result of the above transactions. In exchange, the Debtor will return to us all remaining shares of our common stock in his possession acquired on account of the Stock Sale.

~~Off~~On ~~Balance~~September ~~Sheet~~9, ~~Arrangements~~2011 we entered in to an Amendment to Settlement Agreement (“Amendment”) with the Debtor in which he agreed to forbear his right to submit the judgment to the court. In addition, commencing as of April 1, 2011, we agree to make forbearance payments to Debtor on a monthly basis in the amount of 8% of the sum of $300,000 or $2,000 per month with each forbearance payment due and payable on the first business day of each month. Under this Amendment and within 48 hours of approval of this Amendment by the Bankruptcy Court, we shall pay the Debtor the past due forbearance payments (for the months of April, May, June, July and August) in the total amount of $10,000.

AsThe ofremaining ~~February~~principal ~~28,~~balance ~~2011~~in the amount of $300,000 ~~there~~is ~~were~~due and nopayable ~~off~~to ~~balance~~the ~~sheet~~Debtor ~~arrangements~~on or before April 1, 2012.

~~Item~~Duryea ~~3. Quantitative and Qualitative Disclosures About Market Risk~~Action

AOn ~~smaller~~June ~~reporting~~27, ~~company~~2011, isa ~~not~~complaint ~~required~~was tofiled ~~provide~~against us in the ~~information~~United States ~~required~~District Court of the District of Nevada (Case No. 2:11-cv-01054-GMN-GWF) by ~~this~~Joseph ~~Item~~Duryea (“Duryea”), our former President and member of the board of directors. The complaint alleges that Duryea is entitled to certain benefits provided under his employment contract with the company on account of his termination with our company for “Good Reason.” He claims, among other things, that certain of our officers engaged in multiple activities which constituted breaches of their fiduciary duty and his employment agreement. He also alleges that he took stock that was overvalued based on our incorrect financial reports. He seeks compensatory and punitive damages in excess of $75,000.

~~Item~~On 4June 27, 2011, Mr. ~~Controls~~ Joseph Duryea, our former President, filed a complaint (the “Complaint”) against us in the United States District Court for the District of Nevada (Case No. 2:11-cv-01054-GMN CWH) alleging breach of contract, breach of the covenant of good faith and ~~Procedures~~fair dealing, tortious breach of contract, and fraud (the “Litigation”) in relation to an employment agreement (the “Employment Agreement”) we entered into with him on January 15, 2010.

WeOn ~~carried~~September ~~out~~15, an2011, ~~evaluation~~we ofentered ~~the~~into ~~effectiveness~~a ofsettlement agreement (the “Settlement ~~design~~Agreement”) ~~and~~with ~~operation~~Mr. ofDuryea ~~our~~to ~~disclosure~~resolve ~~controls~~the ~~and~~above ~~procedures~~Litigation. ~~(as~~Under ~~defined~~the interms ~~Exchange~~of ~~Act~~the ~~Rules~~Settlement ~~13a-15(e)~~Agreement, we ~~and~~agreed ~~15d-15(e))~~to aspay ~~of February 28, 2011~~Mr. ~~This~~ ~~evaluation~~Duryea ~~was~~a ~~carried~~total ~~out~~of ~~under~~$85,000 (the ~~supervision~~“Settlement ~~and~~Funds”). ~~with~~Of ~~the~~this ~~participation~~total ofamount, ~~our~~we ~~Chief~~agreed ~~Executive~~to ~~Officer~~pay ~~and Chief Financial Officer~~$45, ~~Aina Dumlao. Based~~ 000 upon ~~that~~execution ~~evaluation,~~of ~~our~~the ~~Chief~~Settlement ~~Executive~~Agreement ~~Officer~~ and ~~Chief~~the ~~Financial~~remaining ~~Officer~~$40,000 ~~concluded~~shall ~~that,~~be aspaid ofin ~~February~~four ~~28,~~equal ~~2011~~installments, ~~our~~payable ~~disclosure~~on ~~controls~~or ~~and~~before October ~~procedures~~15, ~~are~~2011, ~~effective. There~~November ~~have~~15, ~~been~~2011, noDecember ~~changes~~15, in2011 ~~our~~and ~~internal~~January ~~controls over financial reporting during the quarter ended February 28~~15, ~~2011~~2012.

~~Disclosure~~Further ~~controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted~~ under the ~~Exchange~~Settlement ~~Act are recorded~~Agreement, ~~processed,~~we ~~summarized~~agreed ~~and~~as reported, within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.follows:

~~Limitations~~§ We agreed that any failure on our part to make timely installment payments will make the ~~Effectiveness~~entire remaining balance of ~~Internal~~the ~~Controls~~Settlement Funds immediately due and payable and we consented to the immediate entry of judgment against us for the amount of the remaining balance of the Settlement Funds, subject to pre-judgment interest from the date of the filing of the Complaint forward.

~~Our~~§ We ~~management~~agreed ~~does~~to ~~not~~make ~~expect that~~ our ~~disclosure~~best ~~controls~~effort ~~and~~to ~~procedures~~correct orSEC ~~our~~filings ~~internal control over financial reporting will necessarily prevent all fraud~~ and ~~material~~any ~~error.~~other ~~Our~~sites ~~disclosure controls and procedures are designed~~ to ~~provide~~record ~~reasonable assurance of achieving our objectives and our Chief Executive Officer and Chief Financial Officer concluded~~ that ~~our disclosure controls and procedures are effective at that reasonable assurance level~~ Mr. ~~Further,~~ ~~the~~Duryea ~~design~~in offact aresigned ~~control~~from ~~system~~his ~~must~~former ~~reflect~~position ~~the~~with ~~fact~~us ~~that~~as ~~there are resource constraints~~President, ~~and~~as ~~the~~opposed ~~benefits of controls must be considered relative~~ to ~~their costs. Because of~~ the ~~inherent~~company’s ~~limitations~~previous ~~in all control systems, no evaluation of controls can provide absolute assurance~~ allegation that ~~all~~he ~~control~~had ~~issues and instances of fraud, if any, within the Company have~~ been ~~detected~~“terminated. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the internal control. The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Over time, control may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate.”

7The Settlement Agreement provides for a mutual release of claims and a non-disparagement clause. Upon payment of the Settlement Funds, the Litigation will be dismissed. The parties acknowledged, however, that Mr. Duryea’s additional stock rights, as described in his Employment Agreement, as a stockholder of our company will remain intact.

~~Table of Contents~~7

~~PART~~Table IIof ~~– OTHER INFORMATION~~Contents

Item ~~1. Legal~~1A: Risk ~~Proceedings~~Factors

OnA orsmaller ~~about~~reporting ~~January~~company ~~6, 2011, a complaint was filed against us in the United States Bankruptcy Court for the District of Arizona (Case No. 2:10-bk-01885) by Joseph Charles Loomis (the “Debtor”). The Debtor~~ is ~~the~~not ~~subject of a Chapter 11 bankruptcy case. The complaint alleges that on January 26, 2010, after the commencement of his bankruptcy case, the Debtor made a payment of $500,000~~ required to usprovide ~~without prior bankruptcy court approval and that~~ the ~~entire~~information ~~payment~~required isby ~~subject~~this ~~to being ordered immediately returned to the bankruptcy estate~~Item. The payment was made pursuant to a written Stock Subscription Agreement executed between us and the Debtor or about January 1, 2010 whereby the Debtor agreed to purchase 833,333 shares of our common stock (the “Stock Sale”).

OnItem ~~February 28, 2011, the United States Bankruptcy Court approved a settlement agreement (the “Settlement Agreement”) between us and the Debtor~~2. ~~Under~~Unregistered ~~the~~Sales ~~Settlement Agreement, we are required to pay the Debtor $200,000 within 48 hours~~ of ~~entry~~Equity ofSecurities ~~the~~and ~~order~~Use ~~by the Bankruptcy Court approving the Settlement Agreement. In exchange for the above-referenced payment, the Debtor will return to us 333,332 shares~~ of ~~our common stock purchased as part of the Stock Sale.~~Proceeds

~~Further~~We ~~under~~agreed ~~the Settlement Agreement, the Debtor shall be permitted~~ to ~~sell~~purchase ~~his~~back ~~remaining~~833,333 shares of common stock ~~acquired in the Stock Sale~~ for a ~~price~~total cost of ~~not less than~~ $~~0.35~~500,000 ~~per~~in ~~share.~~accordance Atwith ~~the~~a ~~expiration~~settlement ofagreement ~~180~~with ~~days~~a ~~from~~shareholder. ~~the~~We ~~date~~paid ~~of entry of an order by the Bankruptcy Court approving the Settlement Agreement~~$200,000 weand ~~will buy back all of~~ recorded the remaining ~~shares of stock sold by means of the Stock Sale for an amount such that the Debtor is reimbursed in the total amount of~~ $~~500~~300,000 as a ~~result~~payable as of ~~the~~May ~~above~~31, ~~transactions. In exchange~~2011, ~~the~~which ~~Debtor~~remains ~~will~~payable ~~return~~at toAugust us31, ~~all remaining shares of our common stock in his possession acquired on account of the Stock Sale~~2011.

~~Once~~We ~~the~~also ~~entire~~agreed to purchase back 6,835,425 shares of common stock for a total cost of $500,000 isin ~~returned~~accordance towith ~~the~~a ~~Debtor~~settlement atagreement ~~the~~with ~~end~~a ofdeparting ~~the~~officer ~~180~~our ~~day~~company. ~~period~~We paid $100,000 and recorded the ~~parties~~remaining ~~will~~$400,000 ~~jointly~~as ~~dismiss~~a payable as of May 31, 2011. This payable was paid during the ~~bankruptcy~~three ~~action~~months ending August 31, 2011.

~~Item~~The ~~1A: Risk~~private ~~Factors~~offering was exempt under Section 4(2) of the Securities Act of 1933, as amended (the “Act”), and/or Rule 506 promulgated under the Act.

AItem ~~smaller~~3. ~~reporting~~Defaults ~~company~~upon isSenior ~~not required to provide the information required by this Item.~~Securities

8None

~~Table~~Item of4. ~~Contents~~(Removed and Reserved)

Item 25. ~~Unregistered~~ ~~Sales~~Other ~~of Equity Securities and Use of Proceeds~~Information

On April 11, 2011, we sold 3,000,000 shares of our common stock in a private offering at $0.05 per share. Under the terms of the subscription agreement, we received $100,000 of the investment at closing, and will receive the remaining $50,000 no later than 60 days from the closing. Further under the subscription agreement, the investor agreed to a three-year lockup on open market transactions.None

AsItem ~~stated in our employment agreements with our President, Chris Johns, and our CEO, Aina Dumlao, if we issue additional securities of any class, then both Mr~~6. Johns and Ms. Dumlao will be entitled to receive a corresponding increase in the amount of securities they hold so that their proportionate ownership in our company’s common and voting shares is not decreased. The above issuance of 3,000,000 has triggered these anti-dilution provisions in the employment agreements with Mr. Johns and Ms. Dumlao. We therefore issued 975,000 shares of common stock to Ms. Dumlao and 1,050,000 shares of common stock to Mr. Johns to fulfill these anti-dilution provisions.Exhibits

We issued shares at various times to employees for services rendered. During the nine months ended February 28, 2011, 682,500 shares were issued to employees for a total value of $397,442. The shares were valued at the market price on the grant date.

Exhibit Number	Description of Exhibit
31.1	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2	Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

~~The private offering was exempt under Section 4(2) of the Securities Act of 1933, as amended (the “Act”), and/or Rule 506 promulgated under the Act.~~8

~~Item~~Table ~~3. Defaults~~of ~~upon Senior Securities~~Contents

~~None~~SIGNATURES

~~Item~~In ~~4. (Removed~~accordance with the requirements of the Securities and ~~Reserved)~~Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Item 5. Other Information

	SupportSave Solutions, Inc.

Date:	October 17, 2011

	By: /s/ Christopher Johns Christopher Johns Title: Chief Executive Officer and Director

~~None~~9

Item 6. Exhibits

Exhibit Number	Description of Exhibit
31.1	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2	Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Table of Contents

SIGNATURES

In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	SupportSave Solutions, Inc.
Date:	April 14, 2011
	By: /s/ Aina Dumlao Aina Dumlao Title: Chief Executive Officer and Director

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