UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549  FORM 10-Q/A (Amendment No. 1)  (Mark One)


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|[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   
|For the quarterly period ended: March 31, 2011                                           | 
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|[   ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|For the transition period from N/A to N/A                                                |  | 

Commission file number: 000-27145  BILLMYPARENTS, INC. (formerly known as SOCIALWISE, INC.) (Name of small business issuer in its charter)  Colorado33-0756798(State or jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)  6440 Lusk Blvd., Suite 200San Diego California92121(Address and of principal executive offices)(Zip Code)   (858) 677-0080 (Issuers telephone number, including area code)    Indicate by check mark 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  oIndicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes   ̈    No   ̈Indicate by check mark whether 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 o
Accelerated filer o
Non-accelerated filer o(Do not check if a smaller reporting company)
Smaller reporting company xIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes  o   No  x  At May 11, 2011, there were 72,034,392 shares outstanding of the issuer’s common stock (registered shares trading under the symbol SCLW), the only class of common equity.  Transitional Small Business Disclosure Format (Check one):  Yes  o   No  x       EXPLANATORY NOTE:  This Amendment No. 1 to BillMyParents, Inc.’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2011 is being filed to correct and update the signatures and the certifications in Part II/Item 6 as requested by the Staff of the Securities and Exchange Commission.  No other changes have been made to the Form 10-Q. This Amendment No. 1 to Form 10-Q speaks as of the original filing date of the Form 10-Q and does not reflect events that may have occurred subsequent to the original filing date.  PART IIOTHER INFORMATION       Item 6. Exhibits Exhibit No.Description10.48*Form of Warrant Agreement with named members of Company’s Board of Directors dated August 4, 201110.49*Stock Option Agreement with Jonathan Shultz dated August 4, 201110.50*Investor Relations Agreement with SPN Investments, Inc. dated August 5, 201131.1**Certification pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act, as amended, by Chief Executive Officer31.2**Certification pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act, as amended, by Chief Financial Officer32.1**Certification pursuant to 18 U.S.C. §1350 by Chief Executive Officer32.2**Certification pursuant to 18 U.S.C. §1350 by Chief Financial Officer*Previously filed with the Form 10-Q/A filed on August 17, 2011.**Filed as an exhibit to this report      SIGNATURES  In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.  BillMyParents, Inc., a Colorado corporation  By: /s/ MICHAEL MCCOY Michael McCoy, Chief Executive Officer  December 21, 2011  By: /s/ JONATHAN SHULTZ Jonathan Shultz, Chief Financial Officer  December 21, 2011