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**EXHIBIT 12.1FORM 20-F - AMENDMENT NO.1**

**SECTION 302 CERTIFICATION**

I, Daniel Clozza, Chief ExecutiveOfficer of Forum National Investments Ltd., certify that:

1.     I have reviewed this annual report on Form 20-F of Forum NationalInvestments Ltd.; 

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

3.    Based on my knowledge, the financial statements, and other financialinformation included in this annual report, fairly present in all materialrespects the financial condition, results of operations and cash flows of theCompany as of, and for, the periods presented in this annual report; 

4.    The Company’s other certifying officer and I are responsible forestablishing and maintaining disclosure controls and procedures (as defined inExchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financialreporting (as defined in Exchange Act Rules 13a-15(f) and 15(d)-15(f)) for theCompany and 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 Company, including its consolidated  subsidiary, is made known to us by others within those entities, particularly  during the period in which this annual report is being prepared; |
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|        | (b)  designed such internal control over financial reporting, or caused such  internal control over financial reporting to be designed under our  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; |
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|   | (c) evaluated  the effectiveness of the Company’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                                                                              |
|        | (d)  disclosed in this report any change in the Company’s internal control  over financial reporting that occurred during the period covered by the  annual report that has materially affected, or is reasonably likely to  materially affect, the Company’s internal control over financial  reporting; and                                                        |

5.    The Company’s other certifying officer and I have disclosed, based on ourmost recent evaluation of internal control over financial reporting, to theCompany’s auditors and the audit committee of Company’s board ofdirectors: 

|  | (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 Company’s ability to record, process,  summarize and report financial information; and |
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|  | (b)  any fraud, whether or not material, that involves management or other  employees who have a significant role in the Company’s internal control  over financial reporting. |
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| Date:  April 15, 2008 |  | /s/   *Daniel  Clozza*                     |
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|                       |  | Daniel Clozza, Chief Executive  Officer and Director |

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