Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
MCMORRAN DOREEN
2. Issuer Name and Ticker or Trading Symbol
SKINVISIBLE INC [SKVI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

6320 S. SANDHILL RD UNIT 10
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2011
(Street)


LAS VEGAS, NV 89120
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Debt Conversion Rights $ 0.03 12/31/2011   C(1) 5,989,267   12/31/2011 12/31/2016 Common Stock
5,989,267
$ 0 (1) 9,851,537
D
 
Debt Conversion Rights (Warrants) $ 0.05 12/31/2011   C(1) 2,994,633   12/31/2011 12/31/2019(1) Common Stock
2,994,633
$ 0 (1) 12,846,170
D
 
Debt Conversion Rights $ 0.04 12/31/2011   C(2) 1,667,150   12/31/2011 12/31/2016 Common Stock
1,667,150
$ 0 (2) 14,513,320
D
 
Debt Conversion Rights (Warrants) $ 0.06 12/31/2011   C(2) 833,575   12/31/2011 12/31/2019(2) Common Stock
833,575
$ 0 (2) 15,346,895
D
 
Debt Conversion Rights $ 0.04 12/31/2011   C(3) 8,212,034   12/31/2011 12/31/2016 Common Stock
8,212,034
$ 0 (3) 23,558,929
D
 
Debt Conversion Rights (Warrants) $ 0.06 12/31/2011   C(3) 4,106,017   12/31/2011 12/31/2019(3) Common Stock
4,106,017
$ 0 (3) 27,664,946
D
 
Debt Conversion Rights $ 0.04 12/31/2011   C(4) 137,125   12/31/2011 12/31/2012 Common Stock
137,125
$ 0 (4) 27,802,071
D
 
Debt Conversion Rights (Warrants) $ 0.06 12/31/2011   C(4) 68,563   12/31/2011 12/31/2015(4) Common Stock
68,563
$ 0 (4) 27,870,634
D
 
Debt Conversion Rights $ 0.04 12/31/2011   C(5) 75,000   12/31/2011 12/31/2012 Common Stock
75,000
$ 0 (5) 27,945,634
D
 
Debt Conversion Rights (Warrants) $ 0.06 12/31/2011   C(5) 37,500   12/31/2011 12/31/2015(5) Common Stock
37,500
$ 0 (5) 27,983,134
D
 
Debt Conversion Rights $ 0.04 12/31/2011   C(6) 868,775   12/31/2011 12/31/2012 Common Stock
868,775
$ 0 (6) 28,851,909
D
 
Debt Conversion Rights (Warrants) $ 0.06 12/31/2011   C(6) 434,388   12/31/2011 12/31/2015(6) Common Stock
434,388
$ 0 (6) 29,286,297
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MCMORRAN DOREEN
6320 S. SANDHILL RD UNIT 10
LAS VEGAS, NV 89120
    X    

Signatures

/s/ Doreen McMorran 02/21/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On December 31, 2011 the Issuer extended a Promissory Note due to Ms. McMorran totaling $179,677.66. Under the terms of the Promissory Note, Ms. McMorran has the right to convert all or any part of the principal sum of the loan into common stock of the Issuer as well as a warrant agreement to purchase one share for every two shares acquired. The expiration date on the warrant is 3 years from the date of conversion.
(2) On December 31, 2011 the Issuer extended a Promissory Note due to Ms. McMorran totaling $66,686. Under the terms of the Promissory Note, Ms. McMorran has the right to convert all or any part of the principal sum of the loan into common stock of the Issuer as well as a warrant agreement to purchase one share for every two shares acquired. The expiration date on the warrant is 3 years from the date of conversion.
(3) On December 31, 2011 the Issuer's Board of Directors approved a Debt Converstion Agreement which grants Ms. McMorran the right to convert gross salary debt owed to her totaling $328,481 into common stock of the Issuer as well as a warrant agreement to purchase one share for every two shares acquired. The expiration date on the warrant is 3 years from the date of conversion.
(4) On December 31, 2011 the Issuer issued a Promissory Note due to Ms. McMorran totaling $5,485. Under the terms of the Promissory Note, Ms. McMorran has the right to convert all or any part of the principal sum of the loan into common stock of the Issuer as well as a warrant agreement to purchase one share for every two shares acquired. The expiration date on the warrant is 3 years from the date of conversion.
(5) On December 31, 2011 the Issuer issued a Promissory Note due to Ms. McMorran totaling $3,000. Under the terms of the Promissory Note, Ms. McMorran has the right to convert all or any part of the principal sum of the loan into common stock of the Issuer as well as a warrant agreement to purchase one share for every two shares acquired. The expiration date on the warrant is 3 years from the date of conversion.
(6) On December 31, 2011 the Issuer issued a Promissory Note due to Ms. McMorran totaling $34,751. Under the terms of the Promissory Note, Ms. McMorran has the right to convert all or any part of the principal sum of the loan into common stock of the Issuer as well as a warrant agreement to purchase one share for every two shares acquired. The expiration date on the warrant is 3 years from the date of conversion.

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