OUVO, INC.
January 8, 2007
Division of Corporate Finance
United States Securities and Exchange Commission
100 F Street N.E. Mail Stop 4561
Washington D.C.
20549
Attention: Eric McPhee
RE: Ouvo, Inc.Form 10-KSB for the year ended December 31, 2005
Filed August 29, 2006
File No. 000-49838
Dear Mr. McPhee:
Thank you for your comments dated December 5, 2006, related to our disclosure for Ouvo, Inc. (“Company) on Form 10-KSB, filed with the Securities and Exchange Commission on August 29, 2006. We enclose herewith one black line copy and one red line copy of our amended Form 10KSB/A for your attention.
Please direct any additional comments to the following:
Kent Caraquero
Chief Executive Officer
Ouvo, Inc.
325-3495 Cambie Street
Vancouver, British Columbia V5Z 4R3
Telephone: (604) 725-4160
Facsimile: (604) 608-9010
The following is our detailed response to your comments:
Form 10-K for the year ended December 31, 2005
Report of Independent Registered Public Accounting Firm, page F-2
1. Please revise your financial statements to include a signed accountant’s report.
Response:
We have revised our financial statements to include a signed accountant’s report.
325-3495 CAMBIE STREET
VANCOUVER
BRITISH COLUMBIA
V5Z 4R3
Statements of Cash Flows, page F-6
2. | In future filings, please revise your statements of cash flows to provide separate disclosure of cash flows from discontinued operations within all three categories of cash flows – operating, investing, and financing. Alternatively, you may revise your statements of cash flows so that cash flows relating to discontinued operations are not set out separately. Refer to section 9 of the Interpretation of FASB Statements No. 95 and 102, “Statements of Cash Flows.” |
Response:
In future filings we will either present our statements of cash flows to provide separate disclosure of cash flows from discontinued operations for all three categories of cash flows – operating, investing and financing or will present collectively.
In connection with responding to your comment we acknowledge that:
l | the Company is responsible for the adequacy and the accuracy of the disclosure in this filing; |
l | staff comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with respect to this filing; and |
l | the Company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. |
We hope that the information provided above is responsive to your comment. Should you have any additional comments or questions regarding the Company’s filing on Form 10-KSB/A, please contact us.
Yours faithfully,
/s/ Kent Carasquero
Kent Carasquero, chief executive officer