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
 
 (c)
        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:
 November30,
        2007
 
 /s/
        Gregg
        Goldstein
 
 Gregg
        Goldstein
 Chief
        Executive Officer
   
 
   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
 
 (c)
        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:
 November30,
        2007
 
 /s/J.
        StephenWilson
 
 J.
        Stephen Wilson
 Chief
        Financial Officer&
Corporate
        Secretary