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|  (Mark      One) |   |                                                                                               |
|-----------------------|--------|----------------------------------------------------------------------------------------------------|
|  x     |   | QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934  |
|                  |   |                                                                                               |
|                  |   | For      the quarter ended September 30, 2008                                                      |
|                  |   |                                                                                               |
|  r     |   | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |

| Nevada                                                                             | 33-0916900                    |
|------------------------------------------------------------------------------------|-------------------------------|
| State or other      jurisdiction of   incorporation or organization | I.R.S. Employer I.D.      No. |
|                                                                               |                          |
| 3101 West Coast Highway, Suite      400, Newport Beach, CA                         | 92663                         |
| (Address of      principal executive offices)                                      | (Zip  Code)                   |

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Table of Contents

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|   | 10.1 | Amended and Restated Business Financing Agreement dated      October 14, 2008, with Bridge Bank, National    Association |
|--------|------|--------------------------------------------------------------------------------------------------------------------------|

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|                                                                  | Caneum,      Inc. |                                                                                                                                                                                                                                                                                                                                       |
|-----------------------------------------------------------------------|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                  |              |                                                                                                                                                                                                                                                                                                                                       |   |
| Date:November      21, 2008        | By:               | /s/  Suki      Mudan                                                   |   |
|                                                                  |              | Suki      Mudan                                                                                                                                                                                                                                                                                                                            |   |
|                                                                  |              | President      (Principal Executive and Financial Officer)                                                                                                                                                                                                                                                                                 |   |
|                                                                  |              |                                                                                                                                                                                                                                                                                                                                       |   |