VENTURA ASSETS LIMITED
                              2241 Flintridge Drive
                           Glendale, California 91206
                            Telephone: (818) 424-0219


October 10, 2008


United States Securities and Exchange Commission
Washington, D.C. 20549

Att. Matthew Crispino


Dear Mr. Crispino:

         Re: Ventura Assets Limited
         Registration Statement on Form S-1 / Amendment No. 3
         File No. 333-152976

We are hereby requesting acceleration of effectiveness of the above referenced
S-1 Registration Statement, as amended, in accordance with Rule 461 under the
Securities Act of 1933. We are requesting effectiveness as of 12:00 P.M. EST on
Wednesday, October 15, 2008 or as soon as thereafter practicable.

In conjunction with this request for acceleration of the effective date of the
above referenced registration statement, the registrant acknowledges that:

         o the Commission or the staff, acting pursuant to delegated authority,
           in declaring the filing effective, does not foreclose the Commission
           from taking any action with respect to the filing;

         o the action of the Commission or the staff, acting pursuant to
           delegated authority, in declaring the filing effective, does not
           relieve the Registrant from its full responsibility for the adequacy
           and accuracy of the disclosure in the filing; and

         o the Registrant may not assert the Commission's action of declaring
           the filing effective as a defense in any proceeding initiated by the
           Commission or any person under the federal securities laws of the
           United States.

If you have any questions or need any additional information to grant
effectiveness, please advise.

Please notify the undersigned upon effectiveness of the Registration at
818-424-0219.

Thank you for your assistance.

Sincerely,

/s/ Hasmik Yaghobyan
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Hasmik Yaghobyan
Director, Chief Financial Officer, Treasurer, and Secretary