UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarter ended:  September 30, 2009

JOBSINSITE, INC.

Commission File Number 333-137624

Delaware

 

90-0191208

(State or Other Jurisdiction of Incorporation or Organization)  

  (IRS Employer
Identification No.)

 

42450 Hollywood Blvd., Suite 105 Hollywood, Florida 33020

 
 

(Address of Principal Executive Offices)

 
 

(305) 766-6267

 
 

(Issuer’s Telephone Number, Including Area Code)

 

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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 the 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 (Do not check if a smaller reporting company)

  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 [X] No [  ]

As of November 5, 2009, there were outstanding 2,625,425 shares of the registrant’s common stock, $.001 par value per share.

TABLE OF CONTENTS

 

 

PART I – FINANCIAL INFORMATION

ITEM 1.    INTERIM FINANCIAL STATEMENTS

ITEM 2.    MANAGEMENT'S DISCUSSION OF OPERATIONS AND FINANCIAL CONDITION

ITEM 3.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 4A. CONTROLS AND PROCEDURES

 

 

PART II – OTHER INFORMATION

 

ITEM 1.    LEGAL PROCEEDINGS

ITEM 1A. RISK FACTORS

ITEM 2.    UNREGISTERED SALES OF EQUITY SECURITIES

ITEM 3.    DEFAULTS UPON SENIOR SECURITIES

ITEM 4.    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

ITEM 5.    OTHER INFORMATION

ITEM 6.    EXHIBITS

SIGNATURES

 

 

 

 

 

 

 

 

 

 

 

 

PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

JOBSINSITE, INC.

(A Development Stage Company)

BALANCE SHEETS
(Unaudited)
 

       
       
       

 

SEPTEMBER 30, 2009
(unaudited)

 

DECEMBER 31, 2008
(audited)

CURRENT ASSETS:

 

 

 

Cash

$      

 

$     828

  Accounts receivable

 

     TOTAL CURRENT ASSETS

  

 

828 

     

 

 

 

     

 

 

 

TOTAL ASSETS

$      

 

$     828

     

 

 

 

  

 

 

 

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)

 

     

 

 

 

CURRENT LIABILITIES:

 

 

 

  Accounts payable and other accrued liabilities

 

$    7,040

  Loans payable- shareholder

 9,700

 

 

     TOTAL CURRENT LIABILITIES

9,700

 

7,040

      

 

 

 

STOCKHOLDERS' EQUITY (DEFICIENCY):

 

 

 

  Common stock, par value $.001, 50,000,000 shares authorized, 2,625,425 shares issued

 

 

 

and outstanding

2,625

 

2,625

Additional paid in capital

86,343

 

86,343

  Accumulated deficit

(98,668)

 

(95,180)

     TOTAL STOCKHOLDERS' EQUITY ( DEFICIENCY)

(9,700)

 

(6,212)

      

 

 

 

TOTAL LIABILITIES AND STOCKHOLDERS'

 

 

 

       EQUITY (DEFICIENCY)

$     

 

$828

 

 

 

 

  See accountants’ review report

 

 

 

 

 

JOBSINSITE, INC.

(A Development Stage Company)

STATEMENTS OF OPERATIONS
(Unaudited)

 

 

 

 

 

 

 

NINE MONTHS
ENDED
SEPTEMBER  30

 

FROM INCEPTION
 (JULY 19, 2004)
 TO SEPTEMBER 30,

   

2009

 

2008

 

2009

   

 

 

 

 

 

   

 

 

 

 

 

REVENUE

 $-

 

 $-

 

6,303

  

 

 

 

 

 

     

 

 

 

 

 

   

 

 

 

 

 

COSTS AND EXPENSES:

 

 

 

 

 

  Research and development

 

 

 

 

3,017

  General and administrative

 3,488

 

 30,450

 

101,954

     TOTAL COSTS AND EXPENSES

 3,488

 

 30,450

 

104,971

   

 

 

 

 

 

   

 

 

 

 

 

NET LOSS

 (3,488)

 

 (30,450)

 

(98,668)

        

 

 

 

 

 

           

 

 

 

 

 

           

 

 

 

 

 

            

 

 

 

 

 

BASIS AND DILUTED LOSS PER SHARE

 (0.00)

 

 (0.01)

 

(0.04)

           

 

 

 

 

 

        

 

 

 

 

 

WEIGHTED NUMBER OF SHARES OUTSTANDING

 2,625,425

 

 2,428,986

 

 

2,625,425

 

 

 

 

 

 

 

 

 

 

 

 

  See accountants’ review report

 

 

 

 

JOBSINSITE, INC.

(A Development Stage Company)

STATEMENTS OF OPERATIONS
(Unaudited)

 

 

 

THREE MONTHS
ENDED
SEPTEMBER  30

 

FROM INCEPTION
 (JULY 19,2004)
 TO SEPTEMBER 30,

   

2009

 

2008

 

2009

   

 

 

 

 

 

   

 

 

 

 

 

REVENUE

 $-

 

 $-

 

6,303

  

 

 

 

 

 

     

 

 

 

 

 

   

 

 

 

 

 

COSTS AND EXPENSES:

 

 

 

 

 

  Research and development

 

 

 

 

3,017

  General and administrative

 200

 

 4,505

 

101,954

     TOTAL COSTS AND EXPENSES

 200

 

 4,505

 

104,971

   

 

 

 

 

 

   

 

 

 

 

 

NET LOSS

 (200)

 

 (4,505)

 

(98,668)

        

 

 

 

 

 

           

 

 

 

 

 

           

 

 

 

 

 

            

 

 

 

 

 

BASIS AND DILUTED LOSS PER SHARE

 (0.00)

 

 (0.01)

 

(0.04)

           

 

 

 

 

 

        

 

 

 

 

 

WEIGHTED NUMBER OF SHARES OUTSTANDING

 2,625,425

 

 2,428,926

 

 

2,625,425

 

 

 

 

 

 

 

 

 

 

 

 

See accountants’ review report

 

 

 

 

 

JOBSINSITE, INC.

(A Development Stage Company)

STATEMENT OF CASH FLOWS
(Unaudited)

 

 

NINE MONTHS
ENDED
SEPTEMBER 30

 

FROM INCEPTION
 (JULY 19,2004)
 TO SEPTEMBER 30,

 

2009

 

2008

 

2009

      

 

 

 

 

 

OPERATING ACTIVITIES:

 

 

 

 

 

  Net loss

 (3,488)

 

 (30,450)

 

(98,668)

Adjustments to reconcile net loss to net cash used in

 

 

 

 

 

  Operating activities:

 

 

 

 

 

Depreciation and amortization

 

 

 

 

2,500

Issuance of common stock in exchange for debt

 

 

 

 

 

   and services

 

 

 41,643

 

41,643

  Changes in operating assets and liabilities:

 

 

 

 

 

      Accounts receivable

 

 

 

 

 

      Accounts payable and other accrued liabilities

 (7,040)

 

 (24,210)

 

-

NET CASH USED IN OPERATING ACTIVITIES

 (10,528)

 

 (13,017)

 

(54,525)

   

 

 

 

 

 

INVESTING ACTIVITIES:

 

 

 

 

 

 Acquisition of property and equipment

 

 

 

 

(2,500)

NET CASH USED IN INVESTING ACTIVITIES

 -

 

 

 

(2,500)

   

 

 

 

 

 

FINANCING ACTIVITIES:

 

 

 

 

 

 Proceeds of loans payable- shareholder

 9,700

 

 

 

9,700

  Contributions to additional paid in capital

 

 

 13,787

 

47,325

NET CASH PROVIDED BY FINANCING ACTIVITIES

 9,700

 

 13,787

 

57,025

   

 

 

 

 

 

INCREASE (DECREASE) IN CASH

 (828)

 

 770

 

 

   

 

 

 

 

 

CASH - BEGINNING OF PERIOD

828

 

 102

 

 

   

 

 

 

 

 

CASH - END OF PERIOD

 -

 

 872

 

 

   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  See accountants’ review report

 

 

 

 

 

JOBSINSITE, INC.

NOTES TO FINANCIAL STATEMENTS

September 30, 2009
(Unaudited)

 

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Item 310 of Regulation S-B. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of management, all adjustments, consisting of normal recurring accruals considered necessary for a fair presentation, have been included. Operating results for the three months ended September 30, 2009 are not necessarily indicative of the results that may be expected for the year ending December 31, 2009. For further information, refer to the financial statements and footnotes thereto included in the Form 10k that included the audited financial statements for the year ended December 31, 2008.

Development Stage

The Company is considered to be a development stage company.  Activities to date have been organizational and explorative as to new business opportunities.

Business description

Jobsinsite, Inc. (the "Company") was incorporated in July 2004 under the laws of the State of New York and subsequently re-domiciled as a Delaware corporation on June 17, 2009. The company was a developer and marketer of resume and employment assistance software and training programs, however management has recently begun reorganizing the company as a limited partnership to explore new opportunities as a private equity firm.

Uses of estimates in the preparation of financial statements

The preparation of financial statements in conformity with generally accepted accounting principles 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 of net revenue and expenses during each reporting period.  Actual results could differ from those estimates.

Cash

The Company currently has no cash or other current assets.

Loans Payable to Shareholder

The Company is indebted to Mr. Laufer, its CEO, CFO and its chairman of the board of directors in the amount of $9,7000.  Mr. Laufer had advanced funds to the Company to cover cash requirements.  The loan is unsecured and is payable on demand with interest at the prime rate.

Property and equipment and depreciation policy

Property and equipment are recorded at cost.  Depreciation and amortization are provided for in amounts sufficient to amortize the costs of the related assets over their estimated useful lives on the straight-line method for financial reporting purposes, whereas accelerated methods are used for income tax purposes.

Maintenance, repairs and minor renewals are charged to expense when incurred.  Replacements and major renewals are capitalized.

Deferred income taxes

The Company accounts for income taxes in accordance with Statement of Financial Accounting Standards No. 109 (SFAS 109) which requires that deferred tax assets and liabilities be recognized for future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases.  In addition, SFAS 109 requires recognition of future tax benefits, such as carryforwards, to the extent that realization of such benefits is more likely than not and that a valuation allowance be provided when it is more likely than not that some portion of the deferred tax asset will not be realized.

Research and development costs

The Company is currently in the development stage of its product and, therefore, research and development costs are charged to the statement of operations as incurred.

Revenue Recognition

Revenue is recorded at that time titles changes hands which occurs at the time of shipment or online delivery. The product does not ship with any warrantee or guarantee provisions.  Defective merchandise, of which there has not been any such instances to date, would be replaced by the Company at no cost to the end user.

Website Development Costs

The Company expenses costs incurred in the development of its website as it believes that the initial development stage, as defined in EITF 00–2 has not yet been completed

Stock Based Compensation

In December 2004, the Financial Accounting Standards Board ("FASB") issued SFAS No. 123R, Share-Based Payment, which addresses the accounting for share-based payment transactions. SFAS No. 123R eliminates the ability to account for share-based compensation transactions using APB No. 25, and generally requires instead, that such transactions be accounted and recognized in the statement of operations, based on their fair value. SFAS No. 123R is effective for public companies that file as small business issuers as of the first interim or annual reporting period that begins after December 15, 2005. The Company has no outstanding stock options at September 30, 2009. Therefore, the adoption of this standard does not have an impact on the Company’s financial position and results of operations.

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS.

The following discussion should be read in conjunction with our unaudited financial statements and the notes thereto.

Forward-Looking Statements

This quarterly report contains forward-looking statements and information relating to us that are based on the beliefs of our management as well as assumptions made by, and information currently available to, our management. When used in this report, the words "believe," "anticipate," "expect," "estimate," "intend", "plan" and similar expressions, as they relate to us or our management, are intended to identify forward-looking statements. These statements reflect management's current view of us concerning future events and are subject to certain risks, uncertainties and assumptions, including among many others: a general economic downturn; a downturn in the securities markets; federal or state laws or regulations having an adverse effect on proposed transactions that we desire to effect; Securities and Exchange Commission regulations which affect trading in the securities of "penny stocks,"; and other risks and uncertainties. Should any of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report as anticipated, estimated or expected. The accompanying information contained herein, including, without limitation, the information set forth under the heading "Management’s Discussion and Analysis and Plan of Operation" identifies important additional factors that could materially adversely affect actual results and performance. You are urged to carefully consider these factors. All forward-looking statements attributable to us are expressly qualified in their entirety by the foregoing cautionary statement. The terms "JobsInSite," "we," "us," "our," and the "Company" refer to JobsInSite, Inc.

Overview

Overview and Plan of Operation

JobsInSite, Inc. ("JIS" or the "Company") was formed as a New York Corporation on July 19, 2004 and subsequently re-domiciled as a Delaware corporation effective June 17, 2009, our fiscal year ends on December 31. Our principal executive office is located at 42450 Hollywood Blvd., Suite 105 Hollywood, Florida 33020. Our telephone number is (305) 766-6267. 

The Company's previous business operations were centered around developing, marketing and selling career oriented software and career reference materials.  Management has recently begun exploring new business opportunities for the company.

Results of Operations for the Nine Months Ended September 30, 2009 Compared to the Nine Months ended September 30,  2008

During the six months ended Setember 30, 2009 we had $0 in revenues. This was unchanged from the nine months ended September  30, 2008.  The lack of revenues was a result of a lack of business operations.

Our operating expenses decreased by $26,962 to $3,488 for the nine months ended September  30, 2009. This was an decrease of 88.5%, as compared to operating expenses of $30,450 for the nine months ended September 30, 2008. Our operating expenses for the nine months ended September 30, 2009 consisted of general and administrative expenses of $3,488 compared to general and administrative expenses of $30,450 for the period ended September 30, 2008.

During the nine months ended September 30, 2009 we had $0 in research and development costs. This was unchanged from the period ended September 30, 2008.

We had net loss of $3,488 (or basic and diluted loss per share of $0.0001) for the nine months ended September 30, 2009, as compared to net loss of $30,450 (or basic and diluted loss per share of $0.001) for the nine months ended September 30, 2008. The decrease in net loss was due to the decrease in general and administrative expenses, discussed above.

Liquidity and Capital Resources

During the nine months ended September 30, 2009 we had total assets of $0.

During the nine months ended September 30, 2009 we had total liabilities of $9,700 as compared to total liabilities of $290 for the nine months ended September  30, 2008.

We had an accumulated deficit of $98,668 and total stockholders’ deficit of $9,700 as of September 30, 2009.

Our net cash used in operating activities was $10,528 for the nine months end September 30, 2009 which included a net loss of $3,488, and accounts payable and other accrued liabilities of $7,040. Net cash used in operating activities for the nine months ended September 30, 2008 was $13,017, which included a net loss of $30,450, the issuance of common stock in exchange for debt and services in the amount of $41,643 and accounts payable and other accrued liabilities of $24,210.

Cash flows from operations were not sufficient to fund our requirements during this period. To make up for this short fall, during the nine months ended September 30, 2009 we had $9,700, in net cash provided by financing activities, which consisted solely of shareholder loan provided by management. This was a decrease of $4,087 or 29.6%, as compared to net cash provided by financing activities for the six months ended September 30, 2008 of $13,787.

At this time, we have not secured or identified any additional financing but expect that management will continue to loan us funds that  will allow us to execute our plan of operations over the next three months of operations. Outside of our principal's advances, we do not have any other identified sources of additional capital from third parties or from shareholders. There can be no assurance that additional capital will be available to us, or that, if available, it will be on terms satisfactory to us. Any additional financing may involve dilution to our shareholders. In the alternative, additional funds may be provided from cash flow in excess of that needed to finance our day-to-day operations, although we may never generate this excess cash flow. If we do not raise additional capital or generate additional funds, implementation of our plans for expansion will be delayed. If necessary we may withdraw from certain growth strategies to conserve cash for continued operation.

We will only be able to pay our future debts and meet operating expenses by conducting profitable operations or otherwise generating positive cash flow. As a practical matter, we are unlikely to generate positive cash flow by any means other than successful and profitable operations.  Management and the shareholders are not obligated to provide any further funding. Any of our shareholders and management members who advance money to us to cover operating expenses will expect to be reimbursed. We have no intention of borrowing money to reimburse any of our officers, directors or shareholders or their affiliates.

Should the Company lack available funding, severe consequences could occur, including among others:

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

ITEM 3.     QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The Company is subject to certain market risks, including changes in interest rates. The Company does not undertake any specific actions to limit those exposures.

ITEM 4.     CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Our Chief Executive Officer and our Chief Financial Officer, after evaluating the effectiveness of our "disclosure controls and procedures" (as defined in the Securities Exchange Act of 1934 Rules 13a-15(e) and 15d-15(e)) as of the end of the period covered by this report (the "Evaluation Date"), have concluded that as of the Evaluation Date, our disclosure controls and procedures were effective to provide reasonable assurance that information required to be disclosed by us in the reports that we file or submit under the Exchange Act (i) is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure, and (ii) is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting identified in connection with the evaluation performed that occurred during the period covered by this report that has materially affected or is reasonably likely to materially affect, our internal control over financial reporting.

 

PART II – OTHER INFORMATION

ITEM 1.     LEGAL PROCEEDINGS

There are no legal proceedings which are pending or have been threatened against us or any of our officers, directors or control persons of which management is aware.

ITEM 1A.     RISK FACTORS.

As a "smaller reporting company" as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item

ITEM 2.     UNREGISTERED SALES OF EQUITY SECURITIES

Except as may have previously been disclosed on a current report on Form 8-K, a quarterly report on Form 10-Q or a registration statement, we have not sold any of our securities in a private placement transaction or otherwise during the past three years.

ITEM 3.     DEFAULTS UPON SENIOR SECURITIES

Not applicable.

ITEM 4.     SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

On June 1 st at the Company's annual shareholder meeting the board of directors submitted to the shareholders for their vote, authorization to re-domicile the company to Delaware;  2,357,632, which represents 89.9% of the total number of shares outstanding and authorized to vote, were cast in FAVOR of the merger.  Subsequent to the vote, the company prepared and executed certificates of merger in both New York and Delaware. The merger was effected on June 17, 2009.

ITEM 5.     OTHER INFORMATION

On May 1, 2009 Jobsinsite, Inc. (the "Company")  filed, on a voluntary basis, an information statement on Form Pre14C, which the company subsequently withdrew, as the company is not required to file proxy and or information statements under Regulation 14A or 14C because it does not have a class of securities registered under section 12 of the Exchange Act.

The company thereafter and in accordance with respective state laws of New York and Delaware effected certain changes as it relates to its state of incorporation and its corporate structure.

Effective  June 17, 2009 Jobsinsite Corp., a New York Corporation (JOBI NY) was merged into Jobsinsite Corp., a Delaware Corporation (JOBI Del,) the surviving entity, pursuant to shareholders' approval at the Annual Shareholders' Meeting held on June 1, 2009.

Subsequent thereto, on July 1, 2009  Jobsinsite, pursuant to Delaware law, and upon the unanimous written consent of the company’s shareholders, filed articles of conversion to convert,  the Corporation into Soleil Capital, L.P. a Delaware limited partnership, managed by Soleil Capital Management LLC, a Delaware limited liability company.

Pursuant to Delaware law Title 8 Chapter IX sec. 6(f) said conversion shall not result in the dissolution of Jobsinsite and as such Jobsinsite shall continue to trade as JOBI on the over the counter bulletin board.

ITEM 6.     EXHIBITS

     
Exhibit   Description
 10.1    State of Delaware Certificate of Incorporation of Jobsinsite, Inc. (Incorporated by reference as previously filed as exhibit to the Company's 10Q filed August 14, 2009.)
10.2 New York Certificate of Merger by and between Jobsinsite, Inc. a New York corporation and Jobsinsite, Inc. a Delaware corporation (Incorporated by reference as previously filed as exhibit to the Company's 10Q filed August 14, 2009.)
10.3 State of Delaware Certificate of Merger by and between Jobsinsite, Inc. a New York corporation and Jobsinsite, Inc. a Delaware corporation (Incorporated by reference as previously filed as exhibit to the Company's 10Q filed August 14, 2009.)
10.4   State of Delaware Certificate of Conversion from a Corporation  to a Limited Partnership (Incorporated by reference as previously filed as exhibit to the Company's 10Q filed August 14, 2009.)
10.5  

State of Delaware Certificate of Limited Partnership of Soleil Capital L.P. (Incorporated by reference as previously filed as exhibit to the Company's 10Q filed August 14, 2009.)

31.1* Certification of Chief Executive and Chief Financial  Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1*    Certification of Chief Executive Officer and Chief Financial  Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

* Filed herewith

 

 

SIGNATURE

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

   

(Registrant)

 Date: November 5, 2009  By:

/s/ Adam Laufer

 

 

Name: Adam Laufer
Title: Chief Executive Officer

   By:
 /s/ Adam Laufer
   

Name: Adam Laufer
Title: Chief Financial Officer Principal Accounting Officer

Exhibit 31.1

 

Certification of Chief Financial Officer

Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002


I, Adam Laufer, the Registrant's Principal Executive and Principal Financial Officer, certify that:

 

1.

I have reviewed this  quarterly report of Jobsinsite, Inc. on Form 10-Q for the period ending September 30, 2009;

 

2.

Based on my knowledge, this 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 report, fairly present in all material respects the financial condition, results of operations and cash flows of the small business issuer as of, and for, the periods presented in this report;


4.

The small business issuer's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the small business issuer and we have:

 

a.

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


b.

Evaluated the effectiveness of the small business issuer's disclosure controls and procedures and presented in this report our 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; and


c.

Disclosed in this report any change in the small business issuer's internal control over financial reporting that occurred during the small business issuer's most recent fiscal quarter (the small business issuer's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the small business issuer's internal control over financial reporting; and


5.

The small business issuer's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the small business issuer's auditors and the audit committee of small business issuer's board of directors (or persons performing equivalent functions):

 

a.

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the small business issuer's ability to record, process, summarize and report financial information; 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.



  

 Date: November 5, 2009

/s/ Adam Laufer

Principal Executive and Principal Financial Officer




 

Exhibit 32.1

Certification of Chief Executive Officer

Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 

I, Adam Laufer, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that the Quarterly Report of Jobsinsite, Inc. (the “Company”) on Form 10-Q for the fiscal quarter ended September 30 2009, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that information contained in such Form 10-Q fairly presents in all material respects the financial condition and results of operations of the Company. 


 

 

 

 Dated: November 5, 2009

/s/ Adam Laufer

 

 

Name:

Adam Laufer

 

Title:

Principal Executive and Principal Financial Officer