UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM 10-Q  (Mark One)  X. QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.  For the quarterly period ended December 31, 2010.  or  . TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.  For the transition period from _______________________ to ___________________________  Commission File Number: 000-53498  Smartdata Corporation (Exact name of registrant as specified in its charter)  Nevada87-0449945(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)  PO BOX 573633, Murray84157(Address of principal executive offices)(Zip Code)  (801) 557-6748 (Registrant's telephone number, including area code)  _______________________________________________________ (Former name, former address and former fiscal year, if changed since last report)  Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 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 .  Indicate by check mark whether the 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.Accelerated filer.Non-accelerated filer. (Do not check if a smaller reporting company)Smaller reporting companyX.  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes X. No .  APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:  Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes . No .  APPLICABLE ONLY TO CORPORATE ISSUERS:  Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of June 29, 2011: 35,976,781    PART I - FINANCIAL INFORMATION  ITEM 1. FINANCIAL STATEMENTS  The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows at December 31, 2010 and 2009 and for the periods then ended have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's September 30, 2010 audited financial statements. The results of operations for the period ended December 31, 2010 are not necessarily indicative of the operating results for the full year.    2               Smartdata Corporation [A Development Stage Company]  UNAUDITED CONDENSED FINANCIAL STATEMENTS  December 31, 2010         3    Smartdata Corporation [A Development Stage Company]     CONTENTS  PAGECondensed Balance Sheets, December 31, 2010 (Unaudited) and September 30, 20105Unaudited Condensed Statements of Operations, for the three months ended December 31, 2010, and 2009, and for the period from Re-entering the Development Stage [October 1, 1991] through December 31, 20106Unaudited Condensed Statements of Cash Flows, for the three months ended December 31, 2010, and 2009, and for the period from Re-entering the Development Stage [October 1, 1991] through December 31, 20107Notes to Unaudited Condensed Financial Statements8    4    Smartdata Corporation [A Development Stage Company] CONDENSED BALANCE SHEETS As of December 31, 2010 and September 30, 2010  AssetsDecember 31, 2010September 30, 2010UnauditedAuditedCash$40$40Total Current Assets4040Total Assets$40$40Liabilities and Stockholders' Equity (Deficit)LiabilitiesCurrent LiabilitiesAccounts Payable$5,95

8$5,699Convertible Promissory Note10,00010,000Payable to Shareholder27,23526,835Total Current Liabilities43,19342,534Total Liabilities43,19342,534Stockholders' Equity (Deficit)Common Stock - 50,000,000 shares authorized having a par value of $0.001 per share; 35,976,781 shares issued and outstanding, as of December 31, 2010 and September 30, 2010; respectively35,97735,977Capital in Excess of par value197,083196,335Deficit accumulated during the development stage(276,213)(274,806)Total Stockholders' Equity (Deficit)(43,153)(42,494)Total Liabilities and Stockholders' Equity (Deficit)$40$40  The accompanying notes are an integral part of these unaudited condensed financial statements.   5    Smartdata Corporation [A Development Stage Company] Unaudited Condensed Statements of Operations For the Three-Month Periods Ended December 31, 2010 and 2009 and for the Period from Re-entering the Development Stage [October 1, 1991] through December 31, 2010  For the Three Months EndedFor the Period
from re-entering
the development stage
[October 1, 1991]December 31,December 31,Through Dec. 31,201020092010Revenues$-$-$-Operating ExpensesGeneral and Administrative Expenses6592,211276,169Loss from Operations(659)(2,211)(276,169)Other Income (Expense)Gain on Forgiveness of Debt-2,3532,353Interest Expense(748)(2,397)Total Other Income (Expense)(

748

)2,353(44)Net Income (Loss) before income taxes(1,407)142(276,213)Income Taxes---Net Income (Loss)$(1,407)$142$(276,213)Basic and Diluted Loss per share$(.01)$.00Basic and diluted w

eighted average numberof common shares outstanding35,976,78135,876,781  The accompanying notes are an integral part of these unaudited condensed financial statements.    6    Smartdata Corporation [A Development Stage Company]  Unaudited Condensed Statements of Cash Flows For the Three-Month Periods Ended December 31, 2010 and 2009 and for the Period from Re-entering the Development Stage [October 1, 1991] through December 31, 2010  For the Three Months EndedFrom Re-entering the Development Stage [October 1, 1991] throughDecember 31,December 31,December 31,201020092010Cash Flows From Operating ActivitiesNet Income (Loss)$(1,407)$142$(276,213)Adjustments to reconcile Net Lossto net cash used by operating activitiesGain on forgiveness of debt-(2,353)(2,353)Non-cash interest expense74

8-2,397Changes in assets and liabilitiesShares issued for services--11,450Increase (decrease) in accounts payable259(4,550)8,

 2

11Increase in debt - Related Party4006,76146,398Net Cash Used by Operating Activities--(210,110)Cash Flows From Investing ActivitiesNet Cash From Investing Activities---Cash Flows From Financing ActivitiesIssuance of Notes Payable--10,150Proceeds from issuances of common stock--200,000Net Cash From Financing Activities--210,150Net Increase (Decrease) in Cash--40Beginning Cash Balance40--Ending Cash Balance$40$-$40Supplemental DisclosuresInterest paid$-$-$-Income taxes paid$-$-$-Supplemental Schedule of Noncash Investing and Financing Activities:Common Stock issued for Debt$-$-$19,213  The accompanying notes are an integral part of these unaudited condensed financial statements.   7    Smartdata Corporation [A Development Stage Company]  NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS  NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  The accompanying condensed financial statements have been prepared without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. In the opinion of management, the interim financial statements reflect all adjustments, consisting of normal recurring adjustments, which are necessary for a fair presentation of the results for the periods presented. Certain information and disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's Annual Report for the year ended September 30, 2010. The operating results for the periods presented are not necessarily indicative of the operating results for the full year.  NOTE 2 - GOING CONCERN  The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. However, the Company has incurred losses since its inception and has no revenue-generating activities. These factors raise substantial doubt about the ability of the Company to continue as a going concern. In this regard, management is seeking potential business opportunities and is proposing to raise any necessary additional funds not provided by operations through loans and/or through additional sales of its common stock. There is no assurance that the Company will be successful in raising additional capital or achieving profitable operations. The financial statements do not include any adjustments that might result from the outcome of these uncertainties.  NOTE 3 - NOTES PAYABLE  RELATED PARTY  Through December 31, 2010, the Company had received $46,398 in advances from certain officers of the Company under promissory notes. A balance of $27,235 is still outstanding on these notes. The notes bear

no

interest and are payable on demand.

 Although the notes bear no interest, the Company imputed interest at a rate of 8% and during the three month period ended December 31, 2010 recognized $748 in interest expense with an increase to additional paid in capital for the same amount.  NOTE 4 - NEW ACCOUNTING STANDARDS  In January 2010, the FASB issued ASU 2010-6, Improving Disclosures About Fair Value Measurements, which requires reporting entities to make new disclosures about recurring or nonrecurring fair-value measurements including significant transfers into and out of Level 1 and Level 2 fair-value measurements and information on purchases, sales, issuances, and settlements on a gross basis in the reconciliation of Level 3 fair- value measurements. ASU 2010-6 is effective for annual reporting periods beginning after December 15, 2009, except for Level 3 reconciliation disclosures which are effective for annual periods beginning after December 15, 2010. We do not expect the adoption of ASU 2010-6 to have a material impact on our financial statements.  8    ITEM 2. PLAN OF OPERATIONS  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF OPERATION  FORWARD-LOOKING STATEMENT NOTICE  This Form 10-Q contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For this purpose any statements contained in this Form 10-Q that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "estimate" or "continue" or comparable terminology are intended to identify forward-looking statements. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially depending on a variety of factors, many of which are not within our control. These factors include but are not limited to economic conditions generally and in the industries in which we may participate; competition within our chosen industry, including competition from much larger competitors; technological advances and failure to successfully develop business relationships.  PLAN OF OPERATION  Our plan of operation for the next 12 months is to: (i) consider guidelines of industries in which we may have an interest; (ii) adopt a business plan regarding engaging in the business of any selected industry; and (iii) to commence such operations through funding and/or the acquisition of a going concern engaged in any industry selected.  During the next 12 months, our only foreseeable cash requirements, which may be advanced by our management or principal stockholders as loans to us, will relate to maintaining our good standing or the payment of expenses associated with legal, accounting and other fees related to our compliance with the Exchange Act requirements of being a reporting issuer and reviewing or investigating any potential acquisition or business combination candidate.  Because we have not determined any business or industry in which our operations will be commenced, and we have not identified any prospective acquisition or business combination candidate as of the date of this Quarterly Report, it is impossible to predict the amount of any such costs or required advances.  Any such loan will be on terms no less favorable to us than would have been made available to us from a commercial lender in an arms length transaction.  LIQUIDITY AND CAPITAL RESOURCES  The Company remains in the development stage and has experienced no significant change in liquidity or capital resources or stockholders' equity since inception. The Company's balance sheet as of December 31, 2010, reflects a total asset value of $40. The Company has little cash or line of credit, other than that which present management may agree to extend to or invest in the Company, nor does it expect to have one before a merger is effected. The Company will carry out its plan of business as discussed above. The Company cannot predict to what extent its liquidity and capital resources will be diminished prior to the consummation of a business combination or whether its capital will be further depleted by the operating losses (if any) of the business entity which the Company may eventually acquire.  RESULTS OF OPERATIONS  We had no operations during the quarterly period ended December 31, 2010, nor do we have operations as of the date of this filing.  General and administrative expenses were $659 for the December 31, 2010 period compared to $

2,211

 for the December 31, 2009 period. General and administrative expenses for the three months ended December 31, 2010, were comprised mainly of accounting and stock transfer fees. We had a net loss of $1,407 for the December 31, 2010 period compared to net

income

 of $142 for the December 31, 2009 period. The change from net

income

 to net loss was a result of a gain from debt forgiveness in the December 31, 2009 period.  For the current fiscal year, the Company anticipates incurring a loss as a result of legal and accounting expenses, and expenses associated with locating and evaluating acquisition candidates. The Company anticipates that until a business combination is completed with an acquisition candidate, it will not generate revenues, and may continue to operate at a loss after completing a business combination, depending upon the performance of the acquired business.  9    NEED FOR ADDITIONAL FINANCING  Based upon current management's willingness to extend credit to the Company and/or invest in the Company until a business combination is completed, the Company believes that its existing capital will be sufficient to meet the Company's cash needs required for the costs of compliance with the continuing reporting requirements of the Securities Exchange Act of 1934, as amended, and for the costs of accomplishing its goal of completing a business combination, for an indefinite period of time. Accordingly, in the event the Company is able to complete a business combination during this period, it anticipates that its existing capital will be sufficient to allow it to accomplish the goal of completing a business combination. There is no assurance, however, that the available funds will ultimately prove to be adequate to allow it to complete a business combination, and once a business combination is completed, the Company's needs for additional financing are likely to increase substantially. In addition, as current management is under no obligation to continue to extend credit to the Company and/or invest in the Company, there is no assurance that such credit or investment will continue or that it will continue to be sufficient for future periods.  ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.  Not required by smaller reporting companies.  ITEM 4T. CONTROLS AND PROCEDURES.  (a) Evaluation of Disclosure Controls and Procedures. Evaluation of Disclosure Controls and Procedures Disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act) are designed to ensure that information required to be disclosed in reports filed or submitted under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in rules and forms adopted by the Securities and Exchange Commission ("SEC"), and that such information is accumulated and communicated to management, including the President and Secretary, to allow timely decisions regarding required disclosures. Under the supervision and with the participation of our management, including our President and Secretary, we evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the "Exchange Act")). Based upon that evaluation, our President and Secretary concluded that, as of the end of the period covered by this report, our disclosure controls and procedures were not effective, but the costs of remediation would place further strain on the Companys limited access to capital.  (b) Changes in Internal Control over Financial Reporting. There were no changes in the Company's internal controls over financial reporting, known to the chief executive officer or the chief financial officer, that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Company's internal control over financial reporting.   10    PART II - OTHER INFORMATION  ITEM 1. LEGAL PROCEEDINGS.  No legal proceedings are threatened or pending against Smartdata Corporation, or any of our officers or directors. Further, none of our officers, directors or affiliates are parties against Smartdata Corporation, or have any material interests in actions that are adverse to our own.  ITEM 1A. RISK FACTORS  Smaller reporting companies are not required to provide the information required by this item.  ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.  None.  ITEM 3. DEFAULTS UPON SENIOR SECURITIES.  None  ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.  No matters were submitted during the period covered by this report to a vote of security holders.  ITEM 5. OTHER INFORMATION.  None   ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.  (a) Exhibits  Copies of the following documents are included as exhibits to this report pursuant to Item 601 of Regulation S-K.


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|Exhibit No. | Title of Document                                                                                                                                                                   | Location
|            |                                                                                                                                                                                     |         
|31.1        | Certification of the Principal Executive Officer/ Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                                             | Attached
|            |                                                                                                                                                                                     |         
|32.1        | Certification of the Principal Executive Officer/ Principal Financial Officer pursuant to U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002* | Attached

(b) Reports on Form 8-K  None  * The Exhibit attached to this Form 10-Q shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to liability under that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.   11     SIGNATURES  Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.    Smartdata Corporation Date: June 29, 2011   By:/s/ Burkeley Priest Burkeley Priest, President, CEO and CFO    12