**Exhibit
      12**


CERTIFICATION




I,
      Gregg Goldstein certify that:




1.
       I have reviewed this annual report on Form 20-F of LiveReel Media
      Corporation;





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 company as
      of,
      and for, the periods presented in this report;





4.
        The Company’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 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 subsidiaries,
      is
      made known to me by others within those entities, particularly during the period
      in which this report is being prepared;





(b)
      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 our
      most recent evaluation of internal control over financial reporting, to the
      company’s auditors and the audit committee of the company’s board of directors
      (or persons performing the 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 company’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 company’s internal control over financial reporting.





Date:
       November 30, 2006





/s/
      Gregg
      Goldstein





Gregg
      Goldstein


Chief
      Executive
      Officer


4





**Exhibit
      12**


CERTIFICATION





I,
      J. Stephen Wilson certify that:




1.
       I have reviewed this annual report on Form 20-F of LiveReel Media
      Corporation;





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 company as
      of,
      and for, the periods presented in this report;





4.
        The Company’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 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 subsidiaries,
      is
      made known to me by others within those entities, particularly during the period
      in which this report is being prepared;





(b)
      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 our
      most recent evaluation of internal control over financial reporting, to the
      company’s auditors and the audit committee of the company’s board of directors
      (or persons performing the 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 company’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 company’s internal control over financial reporting.





Date:
       November 30, 2006





/s/
      J. Stephen Wilson




J.
      Stephen Wilson


Chief
      Financial
      Officer & Corporate Secretary