1103092--4/15/2009--BALSAM_VENTURES_INC

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{interest, director, officer}

{stock, price, share}

We Do Not Have Any Business Operations Or Any Significant Assets. We Have Not Identified Any Alternative Business Opportunities. Our Plan Of Operation For The Next Twelve Months Will Consist Solely Of Seeking Suitable Business Opportunities. We may not be able to continue our business as a going concern. We have yet to earn revenues, and, because our ability to sustain new operations is dependent on our ability to raise financing, our accountants have expressed a substantial doubt about our ability to continue as a going concern. Because our stock is a penny stock, stockholders will be more limited in their ability to sell their stock.

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