v2.4.0.6

Verify Smart Corp. Consolidated Statements of Cash Flows (USD $)	6 Months Ended		67 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011
Cash flows provided by (used in) operating activities:
Net (loss)	$ (29,290)	$ (115,164)	$ (1,621,404)
Adjustments to reconcile net (loss) to cash used in operating activities:
Stock-based compensation	26,563	106,321	1,369,750
Changes to operating assets and liabilities:
Accounts payable and accrued liabilities, increase decrease		(4,347)	16,253
Net Cash Used in Operating Activities	(2,727)	(13,190)	(235,401)
Cash flows from Financing Activities:
Issuance of common stock			117,500
Share issuance costs			(1,128)
Proceeds from loan payable		6,190	119,029
Net Cash Provided in financing activities		6,190	235,401
(Decrease) Increase in cash	(2,727)	(7,000)
CASH, BEGINNING OF YEAR	2,727	9,728
CASH, END OF YEAR		2,728
Supplemental Schedule of Cash Flows Disclosures:
Interest Paid
Income taxes paid
Non-cash Investing and Financing Activities:
Common stock issued for services			$ 1,369,750

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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VERIFY SMART CORP. 10-Q