<SEC-DOCUMENT>0001354488-11-001140.txt : 20110407
<SEC-HEADER>0001354488-11-001140.hdr.sgml : 20110407
<ACCEPTANCE-DATETIME>20110407161756
ACCESSION NUMBER:		0001354488-11-001140
CONFORMED SUBMISSION TYPE:	424B5
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20110407
DATE AS OF CHANGE:		20110407

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INUVO, INC.
		CENTRAL INDEX KEY:			0000829323
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ADVERTISING [7310]
		IRS NUMBER:				870450450
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1210

	FILING VALUES:
		FORM TYPE:		424B5
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-172571
		FILM NUMBER:		11746458

	BUSINESS ADDRESS:	
		STREET 1:		15550 LIGHTWAVE DRIVE
		STREET 2:		THIRD FLOOR
		CITY:			CLEARWATER
		STATE:			FL
		ZIP:			33761
		BUSINESS PHONE:		727-324-0046

	MAIL ADDRESS:	
		STREET 1:		15550 LIGHTWAVE DRIVE
		STREET 2:		THIRD FLOOR
		CITY:			CLEARWATER
		STATE:			FL
		ZIP:			33761

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KOWABUNGA! INC.
		DATE OF NAME CHANGE:	20081106

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	THINK PARTNERSHIP INC
		DATE OF NAME CHANGE:	20060315

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CGI HOLDING CORP
		DATE OF NAME CHANGE:	19980501
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B5
<SEQUENCE>1
<FILENAME>inuv_424b5.htm
<DESCRIPTION>PROSPECTUS SUPPLEMENT
<TEXT>
<html>
<head>
    <title>inuv_424b5.htm</title>
    <!-- Licensed to: Issuer Direct Corp. -->
    <!-- Document Created using EDGARizerAgent 5.3.1.0 -->
    <!-- Copyright 1995 - 2011 Thomson Reuters. All rights reserved. -->
</head>


<body bgcolor="#ffffff" style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">
<div>&#160;</div>

<div>
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
<td align="left" valign="top" width="46%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Prospectus Supplement</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">To prospectus dated April 1, 2011</font></div>
</td>
<td align="right" valign="top" width="46%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Filed pursuant to Rule 424(b)(5)</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Registration No. 333-172571</font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><img src="inuvologo.jpg" alt=""></font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">80,000 shares of Common Stock</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Inuvo, Inc.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>You should carefully read this prospectus supplement and the accompanying prospectus before you invest.&#160;&#160;Both documents contain information you should consider before making your investment decision.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>This prospectus supplement and the accompanying prospectus relate to the issuance 80,000 shares of our common stock pursuant to the terms of settlement agreements described in the Current Report on Form 8-K as filed with the Securities and Exchange Commission on April 7, 2011.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Our common stock is listed on NYSE Amex under the symbol "INUV".&#160;&#160;On April 6, 2010, the closing price of our common stock as reported on NYSE Amex was $2.76 per share.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The aggregate market value of our outstanding common stock held by non-affiliates of our company was approximately $15,093,662 on April 6, 2011.&#160;&#160;We have not previously issued or sold any of our securities pursuant to the original prospectus dated April 1, 2011 to which this prospectus is a supplement.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Investing in our common stock involves a high degree of risk.&#160;&#160;Risks associated with an investment in our common stock are described in the section entitled &#8220;Risk Factors&#8221; beginning on page 4 of the accompanying prospectus.&#160;&#160;You should carefully consider these risk factors before making an investment decision.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">________________________</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The date of this prospectus supplement is April 7, 2011.</font></div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>inuvologo.jpg
<TEXT>
begin 644 inuvologo.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``@&!@<&!0@'!P<)"0@*#!0-#`L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+#`Q-#0T'R<Y/3@R/"XS-#+_
MVP!#`0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P``1"``X`)X#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#W^N<L?&NF
M:AXPO/#$45R+ZT4M(S(OED#'0[L_Q#M71UBV^L>'I/$DVF6]Q:'64!,L:IB3
M&`3DX]".]`&U16#?>-/#6F7[V-]K-I;W49`>.1\%<C(S^=:=YJEAIUC]NO+R
M""UP#YTC@*0>F#WH`MT5QG_"U_!?G^5_;*]<;_)?;^>W%=99WMKJ-I'=65Q%
M<6\@RDD3!E/XB@#,N/$]C:W,D$D<Y>-BI(48X_&HO^$NT_\`YY7/_?*_XTR7
MQCX4BU)[";5[!+Q9/+:-V`(?.,'/>M_R8O\`GFG_`'R*Y73Q%])K[O\`@DM/
MN8?_``EVG_\`/*Y_[Y7_`!K0TW5[?51)Y"R+Y>,[P!U^AJV8H@"3&F!_LBLW
M2O$.AZN+DZ7?VUQ]G_U_E'[G7K^1JH0KJ5YS37I;]02?5FM165I'B71=?:1=
M*U.VNVBY=8GR5'KCTK5KH*"BJNH:C9:59O=ZA=16UNF-TDK!5&?K3=,U6QUF
MR6]TZZCN;9B5$D9R"0<&@"Y16'K7C'P]X>?R]4U6W@EQGRL[G_[Y&36;8_$_
MP=J$RPQ:U$CL<+YRM&"?JP`H`ZZBD1UD0.C!E89!!R"*6@`HHHH`*\;T3_DX
MK5?^N<G_`*+CKV2O&]$_Y.*U7_KG)_Z+CH`L_&?PUI$/A^77(K-4U.:ZC22X
M#'+`@C!&<=`*R_"7A2Z^(MM97VO2S1:%I\26UG:1MCS2@PS$_4<GKVXQ74_&
MPX\`9_Z?(O\`V:ND\!0I!X!T-(QA?L<;?B1D_J30!1N?A=X/N+%K9=&BA)7"
MRQLP=3Z@Y_G7$_"">ZT;Q;K_`(5FD+10EG4=@R-M)'ID$?E7LU>,^"?^2[>)
MOI/_`.C%H`I_&WP[I.EVUEJ5E9K#>7ET_P!HD5B3)\N><G'6O:=.YTNT_P"N
M*?\`H(KRKX^_\@+1_P#KZ?\`]`KU33?^07:?]<4_]!%`$\O^I?\`W37CGP/1
M9+CQ,CC*M*H(]1EZ]BG94MY&8X54))]!BO'O@2P>X\1.O*M(C`^Q+T`4-3L;
M?X9?%K3;RSC,&D7JA2N20JM\KC)]#AJ]T!R,CI7G_P`8/#XUGP3+=1IFXT]O
MM"D==G1Q^7/X5?\``'B>/5_A_;:C=2@/9QF*Z;T,8Y/XC!_&@#C/BQ<S>(_%
M^A^#K-CDR+)-CLS=,_10S?C6QXXUFV^&OA&UT;PY"(+FZ9EAQEC&/XGYZMDC
M'N:Q_A7;2>)?&FN>,;M#M\QDM\]BW^"!1^-1_$W:?BSX7^U_\>N(NO3_`%W/
M]*`-/P=\(K!;1-3\4*]]J5P/,>&1SMC)YPW=F]<\5T.K?"OPCJEHT*Z7'9R$
M?+-:G8RGZ=#^(KM**`/%O".J:I\/O'(\':Q<--IMRP%K(W12WW&7T!/!'8U[
M37B_QKV?\)'X9,./M>6Z=<;TV_KFO:!G`SUH`****`"O#H=7T_1/CYJU[J=T
MEK;!73S9/N@F-,#]#7N-<]K'@7PUKUZUYJ6DPS7+`*TF64L!TS@C-`'*_&6X
MAN_AK'<V\BR0RW,+HZ]&4@D$5UO@C_D1="_Z\8O_`$$58O\`PSH^J:)%H]Y9
MK+80[0D)8@+M&%Y!SQ5^RL[?3K&"RM8Q';P((XT!SM4#`'-`$]>%Z!K.G:!\
M:_$EWJMW':6[-.@DE.!N+J0/R%>Z5S>J^`?"^MWTE[?Z1#+<R??D!92W;G!&
M3[T`<I\:M/;5?`]MJ%K^\CM9EF+*,_NV&-WTY%:GA'XC^'M0\.V@O-3M[.]A
MA5)X9WV$,!C(SU!QGBNV6V@6T%KY2&W">7Y;#*[<8Q@]1BN*N_A!X.N[@S?V
M?)#DY*0S,J_EV_"@#&\6^/8_$8_X13P>QOKV_P#W4US&"(X8S]X@_3J>@'O7
M-_!_6])\.W^LVFI7\-L\LL<4(D./,*EEX_''YU[!H/A?1?#,#1:3816^X#>X
MY=_JQY-9\WP\\*3ZD=0?1H!<F02EU9ER^<YP#CK0!TDT*7$$D,JAHY%*,I[@
MC!KYEO+V]\$Q^+/"0W[+J14C/^QG.?\`@2$"OIVL+4O!GA[5]6CU2_TR*:]3
M;B4E@?E.5R`<'%`$'@+01X=\&Z?8LN)RGG3_`/71N3^73\*Q/BKX-N/$^BQ7
MFG*6U*P)>-%X:13U4>_`(]Q7?T4`>9^"_BQIE]8QV/B&X%AJD(\N1YP524CC
M.3]UO4&NCU;XB>%M(M&FEU>WG;&5AMG$CN?0`?UXJ;7O`GAOQ)(9M2TR)ISP
M9HR4<_4CK^-9-A\(O!MA.)AIK3L#D+/*SK^70_C0!Q7A>UU#XA>.O^$QU:'[
M-H]DP-N)#\I*GY5!/7!Y)Z9XKVN.6.5=T<BNOJIR/6F&TMS:?91"@M]NWRU&
M%`],"H[#3K33(&ALH%AC9RY52?O'J>:`+5%%%`!1110`4444`%%%%`!1110`
:4444`%%%%`!1110`4444`%%%%`!1110!_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
