10-Q/A

U. S. SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 10-Q/A

[X]	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2011
	OR
[  ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____________ TO _____________

Solido Ventures Inc.

(Name of Registrant in its Charter)

Nevada	000-54403	45-1283820
(State or Jurisdiction of Incorporation or Organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

729 North Scott

Belton, MO 64012

 (Address of Principal Executive Offices)

Registrant’s telephone number, including area code: 913.396.1911

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 is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ¨    Accelerated filer ¨    Non-accelerated filer ¨    Smaller reporting company x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes ¨  No x

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

Common Stock	Outstanding Shares at September 30, 2011
Common Stock, par value $.0001 per share	37,500,000

EXPLANATORY NOTE

The purpose of this Amendment No 2 (the “Amendment 2”) to the Quarterly Report on Form 10 Q of Solido Ventures Inc. (the “Company”) for the quarter ended September 30, 2011, filed with the Securities and Exchange Commission on November 14, 2011 (the “Form 10-Q”), is to include the XBRL financial statements.

No other changes have been made to the Form 10-Q.  This Amendment speaks as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the original Form 10-Q..

Exhibit Index

Exhibit Number	Description
31.1	Certification of the Company's principal Executive and Principal Financial Officer  pursuant  to  Section  302 of the Sarbanes-Oxley  Act  of 2002, with respect to the registrant's Report on Form 10-Q for the quarter ended September 30, 2011.
32.1	Certification of the Company's Principal Executive and Principal Financial Officer pursuant to 18 U.S.C.  Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.*

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Solido Ventures Inc.
Dated: June 1, 2012	By:	/s/ Michael Burns
		Michael Burns
		President & Chief Executive Officer

EX-32

Exhibit 32.1

Solido Ventures Inc.

A Nevada corporation

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Amended Quarterly Report of Solido Ventures Inc.  ("Company") on Form 10-Q/A for the quarter ended September 30, 2011, as filed with the Securities and Exchange Commission on the date hereof ("Report"), I, Michael Burns, President, Chief Executive Officer and Chief Financial Officer, certify, pursuant to 18 U.S.C. ss.1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

A signed original of this written statement required by Section 906, or other document authentication, acknowledging, or otherwise adopting the signature that appears in typed from within the electronic version of this written statement required by Section 906, has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

	Solido Ventures Inc.
Dated: June 1, 2012	By:	/s/Michael Burns
		Michael Burns
		President & Chief Executive Officer

EX-31

Exhibit 31.1

Solido Ventures Inc.

A Nevada corporation

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER AND

PRINCIPAL FINANCIAL OFFICER

Section 302 Certification

I, Michael Burns, certify that:

1.

I have reviewed this amended quarterly report on Form 10-Q/A of Solido Ventures Inc. for the period from March 31, 2011 through September 30, 2011.

2.

Based on my knowledge, this quarterly  report does not contain any untrue statement of a material fact or omit to state a material fact  necessary to make the statements  made, in light of the  circumstances  under which such statements were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the financial statements  and other financial information included in this interim report, fairly present in all material respects the financial  condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.

I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules  13a-15(e) and 15d-15(e)) and internal controls over financial reporting (as defined in Exchange Act Rules 13a-15 (f) and 15d-15(f)) for the registrant and have:

a.

 Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under  my supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to me by others within those entities, particularly during the period in which this annual report is being prepared;

b.

 Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c.

 Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;

d.

 Disclosed in this report any change in the  registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

1.

I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent function):

a.

 All significant deficiencies in the design of operation of internal controls which would adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any  material weakness in internal controls; and

b.

 Any fraud, whether or not material, that involves management or other employees who have a significant role in the small business issuer's internal control over financial reporting.

	Solido Ventures Inc.
Dated: June 1,  2012	By:	/s/ Michael Burns
		Michael Burns
		President & Chief Executive Officer

XML

Solido Ventures Inc. (A Development Stage Company) Balance Sheet (USD $)	Sep. 30, 2011	Mar. 31, 2011
Cash	$ 3,695	$ 3,750
Total Assets	3,695	3,750
Accounts Payable, Current	3,750	3,750
Total Liabilities	3,695	3,750
Preferred Stock, Value, Issued	0	0
Common Stock, Value, Issued	3,750	3,750
Accumulated Other Comprehensive Income (Loss), Net of Tax	(3,805)	(3,750)
Preferred Stock, Shares Authorized	75,000,000	75,000,000
Common Stock, Shares Authorized	425,000,000	425,000,000
Common Stock, Shares Issued	37,500,000	37,500,000
Common Stock, Shares Outstanding	37,500,000	37,500,000
Common Stock, Value, Outstanding	3,750	3,750
Total Stockholders' Equity	(55)	0
Total Liabilities and Equity	$ 3,695	$ 3,750

XML

Accounting Policies

3 Months Ended

Sep. 30, 2011

Accounting Policies

Business Description and Accounting Policies [Text Block]

NOTE 1 – ORGANIZATION AND BUSINESS OPERATIONS

SOLIDO VENTURES INC. (the “Company”) was incorporated in the State of Nevada on March 31, 2011. The Company is a Development Stage Company as defined by ASC 915-10.  The Company is a “blank check” company that intends to seek a merger or acquisition with an operating company.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a) Basis of Presentation

The financial statements have been prepared on a going concern basis, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company has no business operations and has negative working capital and minimal stockholders’ equity.  These conditions raise substantial doubt about the ability of the Company to continue as a going concern.

In view of these matters, continuation as a going concern is dependent upon the continued   operations of the Company, which in turn is dependent upon the Company's ability to meet its financial requirements, raise additional capital, and the success of its future operations. The financial statements do not include any adjustments to the amount and classification of assets and liabilities that may be necessary should the Company not continue as a going concern.

The company plans to improve its financial condition through a public offering as described in Note 6. However, there is no assurance that the Company will be successful in accomplishing this objective. Management believes that this plan provides an opportunity for the Company to continue as a going concern.

b) Cash and Cash Equivalents

The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.

c) Use of Estimates and Assumptions

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts or revenues and expenses during the reporting period. Actual results could differ from those estimates.

d) Fair Value of Financial Instruments

ASC Topic 820-10 requires disclosure of fair value information about financial instruments. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of September 30, 2011.

The respective carrying value of certain on-balance-sheet financial instruments approximates their fair values. These financial instruments include cash, stock subscriptions receivable, and accounts payable. Fair values were assumed to approximate carrying values for these financial instruments since they are short term in nature and their carrying amounts approximate fair value, or they are receivable or payable on demand.  See Note 8 for further details.

e) Revenue Recognition

The Company has not generated any revenues since entering the development stage.  It is the Company's policy that revenues will be recognized in accordance with ASC Topic 605-10-25, “Revenue Recognition”. Under ASC Topic 605-10-25, product revenues (or service revenues) are recognized when persuasive evidence of an arrangement exists, delivery has occurred (or service has been performed), the sales price is fixed and determinable, and collectability is reasonably assured.

f) Stock-based Compensation

The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expense related to the fair value of its employee stock option awards.  This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. To date, the Company has not adopted a stock option plan and has not granted and stock options.

g) Income Taxes

The Company follows FASB Codification Topic 740-10-25 (ASC 740-10-25) for recording the provision for income taxes.  Deferred tax assets and liabilities are computed based upon the difference between the financial statement and income tax basis of assets and liabilities using the enacted marginal tax rate applicable when the related asset or liability is expected to be realized or settled.  Deferred income tax expenses or benefits are based on the changes in the asset or liability each period.  If available evidence suggests that it is more likely than not that some portion or all of the deferred tax assets will not be realized, a valuation allowance is required to reduce the deferred tax assets to the amount that is more likely than not to be realized.  Future changes in such valuation allowance are included in the provision for deferred income taxes in the period of change.

Deferred income taxes may arise from temporary differences resulting from income and expense items reported for financial accounting and tax purposes in different periods.  Deferred taxes are classified as current or non-current, depending on the classification of assets and liabilities to which they relate.  Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse.

h) Basic and Diluted Net Loss per Share

The Company computes net loss per share in accordance with ASC Topic 260-10, “Earnings per Share”. ASC Topic 260-10 requires presentation of both basic and diluted per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all potentially dilutive shares if their effect is anti-dilutive.  The Company had no dilutive common stock equivalents as of September 30, 2011.

F-7

i) Development Stage Company

Based on the Company's business plan, it is a development stage Company since planned principle operations have not yet commenced. Accordingly, the Company presents its financial statements in conformity with the accounting principles generally accepted in the United States of America that apply to developing enterprises. As a development stage enterprise, the Company discloses its retained earnings (or deficit accumulated) during the development stage and the cumulative statements of operations and cash flows from commencement of development stage to the current balance sheet date. The development stage began on March 31, 2011, when the Company was organized.

j) Concentrations

The Company is not currently a party to any financial instruments that potentially subject it to concentrations of credit risk.

k) Recent Pronouncements

There were various accounting standards and interpretations issued during 2010 or 2011, none of which are expected to have a material impact on the Company's financial position, operations, or cash flows.

NOTE 3 - GOING CONCERN

The accompanying financial statements have been prepared assuming the Company will continue as a going concern.  The Company has incurred a net loss of ($3,805) for the period from March 31, 2011 (inception) to September 30, 2011.  The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its new business opportunities.  

The Company is contemplating conducting an offering of its debt or equity securities to obtain additional operating capital.  The Company is dependent upon its ability, and will continue to attempt, to secure equity and/or debt financing.  There are no assurances that the Company will be successful and without sufficient financing it would be unlikely for the Company to continue as a going concern.

The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence.  These conditions raise substantial doubt about the Company's ability to continue as a going concern.  These financial statements do not include any adjustments that might arise from this uncertainty.

NOTE 4 - CAPITAL STOCK

Preferred Stock. The Company has authorized 75,000,000 shares of preferred stock with a par value of $.0001 per share. These shares may be issued in series with such rights and preferences as may be determined by the Board of Directors. The Company has not issued any preferred shares as of March 31, 2011.

Common Stock. The Company has authorized 425,000,000 shares of common stock with a par value of $.0001 per share. As of March 31, 2011, there were 37,500,000 shares issued and outstanding.

On March 31, 2011, (inception), the Company issued 37,500,000 shares of common stock to the president and director of the Company at $.0001 per share in exchange for a capital contribution in the amount of $3,750 in cash.

XML

Solido Ventures Inc. (A Development Stage Company) Statement Of Operations (USD $)	0 Months Ended	6 Months Ended
	Mar. 31, 2011	Sep. 30, 2011
Revenues
Sales Revenue, Services, Net	$ 0	$ 0
Revenues	0	0
Cost of Revenue
Cost of Services	0	0
Cost of Revenue	0	0
Gross Profit	0	0
General and Administrative Expense	3,750	3,805
Operating Income (Loss)	(3,750)	(3,805)
Net Income (Loss) Attributable to Parent	(3,750)	(3,805)
Net Income (Loss) Available to Common Stockholders, Basic	$ (3,750)	$ (3,805)
Earnings Per Share
Earnings Per Share, Basic	$ 0	$ 0
Weighted Average Number of Shares Outstanding, Basic	37,500,000	37,500,000

XML

Document and Entity Information (USD $)	3 Months Ended
	Sep. 30, 2011
Document and Entity Information
Entity Registrant Name	Solido Ventures Inc.
Document Type	10-Q
Document Period End Date	Sep. 30, 2011
Amendment Flag	true
Entity Central Index Key	0001517391
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding	37,500,000
Entity Public Float	$ 3,750
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	Q3
Amendment Description	1

XML

Solido Ventures Inc. (A Development Stage Company) Statement of Shareholders' Equity and Other Comprehensive Income (USD $)	6 Months Ended
	Sep. 30, 2011
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ (3,805)
Common Stock
Shares, Outstanding	37,500,000

XML

Solido Ventures Inc. (A Development Stage Company) Statement of Cash Flows (USD $)	0 Months Ended	6 Months Ended
	Mar. 31, 2011	Sep. 30, 2011
Net Cash Provided by (Used in) Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ (3,750)	$ (3,805)
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities	(3,750)	(3,750)
Increase (Decrease) in Operating Liabilities
Increase (Decrease) in Accounts Payable	0	0
Increase (Decrease) in Operating Capital	0	(55)
Other Operating Activities, Cash Flow Statement	0	0
Net Cash Provided by (Used in) Operating Activities	0	(55)
Net Cash Provided by (Used in) Financing Activities
Proceeds from Issuance of Common Stock	3,750	3,750
Net Cash Provided by (Used in) Financing Activities	3,750	3,750
Cash and Cash Equivalents, Period Increase (Decrease)	3,750	(55)
Cash and Cash Equivalents, at Carrying Value	3,750	3,750
Cash and Cash Equivalents, at Carrying Value		$ 3,695