SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 10-QSB

(Mark One)

[x]  QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE
ACT OF 1934

For the quarterly period ended September 30, 1999

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE
ACT OF 1934

For the transition period from ________ to __________

Commission file number
---------

Globalock Corporation
-------------------------------------
(Name of small business issuer in its charter)

Delaware                                        95-4702570
(State of other jurisdiction of            (I.R.S. Employer
incorporation or organization			 Identification No.

860 Via de la Paz, Suite E-1  Pacific Palisades, CA  90272
(Address of principal executive offices)                 (Zip Code)

Issuer's telephone number (310) 230-6100


Check  whether the issuer (1) filed all reports  required to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 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[ ]


Number of shares outstanding of each of the issuer's classes of common
stock, as of September 15, 1999: 225,000 shares of common stock, par
value $.001.











                      GLOBALOCK CORPORATION





PART I	FINANCIAL INFORMATION

Item 1.	Financial Statements---------------------------------------3

     		Accountants' Review Report --------------------------------3

Balance Sheet----------------------------------------------4

Statement of Operations for the Nine Months Ended September
30, 1999 and For the Period From August 5, 1998 (Inception)
to September 30, 1999--------------------------------------5

Statement of Changes in Stockholders' Deficiency
    		for the Period from August 5, 1998 (Date of Inception)
to September 30, 1999--------------------------------------6

Statement of Cash Flows For the Nine Months Ended September
30, 1999 and for the Period from August 5, 1998 (Date of
Inception) to September 30, 1999  -------------------------7

Notes to Financial Statements
as of September 30, 1999-----------------------------------8


Item 2.     Management's Discussion and Analysis of
            Financial Condition and Results of Operations-------------10


PART II - OTHER INFORMATION

SIGNATURES------------------------------------------------11








ACCOUNTANTS' REVIEW REPORT

To the Board of Directors of:
Globalock Corporation

We have reviewed the accompanying balance sheet of Globalock Corporation
as of September 30, 1999 and the related statements of operations,
changes in stockholders' deficiency and cash flows for the nine months
then ended and for the period from August 5, 1998 (inception) to
September 30, 1999, in accordance with Statements on Standards for
Accounting and Review Services issued by the American Institute of
Certified Public Accountants.  All information included in these
financial statements is the representation of the management of
Globalock Corporation.

A review consists principally of inquiries of company personnel and
analytical procedures applied to financial data.  It is substantially
less in scope than an audit in accordance with generally accepted
auditing standards, the objective of which is the expression of an
opinion regarding the financial statements taken as a whole.
Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material modifications that
should be made to the accompanying financial statements in order for
them to be in conformity with generally accepted accounting principles.




						WEINBERG & COMPANY, P.A.


Boca Raton, Florida
October 18, 1999


PART 1 - FINANCIAL STATEMENTS

Item 1:  FINANCIAL STATEMENTS


Globalock Corporation
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEET
AS OF SEPTEMBER 30, 1999


ASSETS

CASH									$	18

TOTAL ASSETS							$	18


LIABILITIES AND STOCKHOLDERS' DEFICIENCY

LIABILITIES
Accounts Payable							           $   4,515
Loan payable - related party					    11,875

		Total liabilities					             16,390

STOCKHOLDERS' DEFICIENCY

Preferred Stock, $.001 par value,
100,000 shares authorized, none issued
and outstanding								                -

Common stock, $.001
par value, 10 million shares
authorized, 225,000 issued
and outstanding 		      				           225

Capital in excess of par					       10,775

Accumulated deficit during
development stage							           (27,372)

		Total stockholders' deficiency		 (16,372)

TOTAL LIABILITIES AND STOCKHOLDERS'
DEFICIENCY								                  $	  18






See accompanying notes to financial statements




GLOBALOCK CORPORATION
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF OPERATIONS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1999
AND FOR THE PERIOD FROM AUGUST 5, 1998 (INCEPTION)
TO SEPTEMBER 30, 1999



			                   	CUMULATIVE FROM
                       AUGUST 5, 1998		       NINE MONTHS
				                  (INCEPTION) TO          ENDED
				                  SEPTEMBER 30, 1999	     SEPTEMBER 30, 1999


INCOME			                 $   	-                   	$	-

EXPENSES:
	Accounting fees			         4,800			              4,300
	Bad debt expense			        2,000		                   -
	Bank service fees		   	      149			                119
	Consulting expense		       6,258			                  -
	Insurance				                230			                230
	Legal fees	         		    10,000	               10,000
	Transfer agent fees		      3,935			              2,552

		Total expenses		         27,372			             17,201

NET LOSS		     		    $    (27,372)	      $	     (17,201)




Weighted average number of
shares outstanding during
period				                145,370			            194,505

Net loss per common share
And equivalents			        (0.1883)			            (.0884)









See accompanying notes to financial statements





GLOBALOCK CORPORATION
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIENCY
FOR THE PERIOD FROM AUGUST 5, 1998 (INCEPTION)
TO SEPTEMBER 30, 1999






                    Common Stock  Additional       Deficit         Total
                     Paid-in      Accumulated
                     Capital      During
                                  Development
                                  Stage

                Shares   Amount

Common
stock
issuance       112,500 $ 112     $   9,888   $    -       $    10,000

Net loss
for the
year ended
December
31, 1998       -         -           -        (10,171)       (10,171)

Balance at
December
31, 1998     112,500     112       9,888      (10,171)       (171)

Common
stock
issuance     112,500     113       887          -            1,000

Net loss
for the
nine months
ended
September
30, 1999        -        -          -        (17,201)      (17,201)

Balance,
September
30, 1999     225,000  $225      $10,775   $  (27,372)    $ (16,372)

See accompanying notes to financial statements.

GLOBALOCK CORPORATION
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CASH FLOWS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1999
AND FOR THE PERIOD FROM AUGUST 5, 1998 (INCEPTION)
TO SEPTEMBER 30, 1999



                      CUMULATIVE FROM AUGUST          NINE MONTHS ENDED
                      5, 1998 (INCEPTION) TO          SEPTEMBER 30,1999
                      SEPTEMBER 30, 1999

CASH FLOWS FROM
OPERATING ACTIVITIES:

Net (loss)               $ (27,372)                         $ (17,201)

Adjustments to
reconcile net (loss)
to net cash used by
operating activities:



Increase in accounts
payable                      4,515                              4,300

Net cash used by
operating activities       (22,857)                           (12,901

CASH FLOWS FROM
INVESTING ACTIVITIES:      ____-____                       _______-_____

CASH FLOWS FROM
FINANCING ACTIVITIES:
Loan payable - related
party
Proceeds from issuance
of common stock               11,875                        11,875

Proceeds from issuance
of common stock               11,000                         1,000

Net cash provided by
financing activities          22,875                        12,875

INCREASE (DECREASE) IN
CASH AND CASH
EQUIVALENTS                     18                            (26)

CASH AND CASH
EQUIVALENTS -
BEGINNING OF PERIOD               -____                        44

CASH AND CASH
EQUIVALENTS - END OF
PERIOD                          $ 18                         $ 18

See accompanying notes to financial statements.



GLOBALOCK CORPORATION
(A DEVELOPMENT STAGE COMPANY)
NOTES TO FINANCIAL STATEMENTS
AS OF SEPTEMBER 30, 1999

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A.	Organization and Business Operations

Globalock Corporation (a development stage company) was
incorporated in Delaware on August 5, 1998 for the purpose of
effecting a merger or other business combination with a domestic
or foreign business.

B.    Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers
all highly liquid investments purchased with an original maturity
of three months or less to be cash equivalents.

C.	Use of Estimates

The preparation of the financial statements in conformity with
generally accepted accounting principles requires management to
make estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and
liabilities at the date of the financial statements and the
reported amounts of revenues and expenses during the reporting
period.  Actual results could differ from those estimates.

D.    Per Share Data

Net loss per common share for the nine months ended September 30,
1999 and for the period from August 5, 1998 (inception) to
September 30, 1999, is computed by dividing the net loss by the
weighted average common shares outstanding during the period as
defined by Financial Accounting Standards, No. 128, "Earnings per
Share".

E.    Income Taxes

The Company accounts for income taxes under the Statement  of
Financial Accounting Standards No. 109, "Accounting for Income
Taxes" (SFAS109).  SFAS 109 is an asset and liability approach
that requires the recognition of deferred tax assets and
liabilities for the expected future tax consequences of events
that have been recognized in the Company's financial statements or
tax returns.  In estimating future tax consequences, SFAS 109
generally considers all expected future events other than
enactments of changes in the law or rates.

NOTE 2 - ADVANCES TO UNRELATED PARTY

In anticipation of a potential acquisition, which was subsequently
canceled, the Company advanced funds to pay a retainer for
auditing services on behalf of the potential acquiree.  As a
result of the cancellation of the acquisition, the $2,000
receivable was written off in 1998 and is included in the
cumulative results of operations as bad debt expense.

NOTE 3 - LOAN PAYABLE - RELATED PARTY

The loan payable - related party is a non-interest-bearing loan
due to PageOne Business Productions, LLC arising from funds
advanced to the Company.

NOTE 4 - STOCKHOLDERS' DEFICIENCY

A. Preferred Stock

The Company is authorized to issue 100,000 shares of preferred
stock at $.001 par value, with such designations, preferences,
limitations and relative rights as may be determined from time to
time by the board of Directors.

B.  Common Stock

The Company is authorized to issue 10,000,000 shares of common
stock at $.001 par value.  The Company issued 213,750 shares and
11,250 shares to Appletree Investment Company, Ltd. And PageOne
Business Productions, respectively.

NOTE 5 - SUBSEQUENT EVENTS

A. Common Stock

On October 25, 1999, the Company effected a 1:0.1125 stock split
of the current 2,000,000 issued and outstanding shares.  All share
quantities and per share data have been retroactively restated in
the accompanying financial statements.

The Company is in the process of filing an Amendment to the
Restated Certificate of Incorporation with the State of Delaware.
The amendment will increase the number of authorized common shares
from 10,000,000 to 100,000,000.  In addition, the amendment
authorizes the Company to issue 4,000,000 shares of S-8 stock for
consulting services.







Item 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS


 Background

         GlobaLock was incorporated under the laws of the State of
Delaware, for the  purpose  of  engaging  in a merger  or other
business  combination  with a presently unidentified operating company.
We have no predecessors and have never engaged in any  business
activity,  other than with  respect to  organizational matters.  A
business  combination  involving  GlobaLock,  if any, will likely be
effected  through  the  acquisition  of the  equity  securities  or
assets of an existing  business,  or the  merger  of  GlobaLock  with
such a  business,  in a transaction resulting in a change in control of
GlobaLock.  It is likely that we will seek to engage in a business
combination with a private enterprise seeking to develop a public
trading market for its securities,  although there can be no assurance
that this will be the case.

Plan of Operations

         GlobaLock  has never  engaged in any  business  activity,
except  with respect  to its  organization,  and does not  intend  to do
so until  after  the consummation  of a business  combination.  As of
June 30,  1999,  GlobaLock  had recorded  no  revenues  and had
incurred  minimal  expenses,  all of which were incurred in connection
with its organization and this registration statement.

Liquidity and Capital Resources

         Since its  organization,  GlobaLock has satisfied its cash
requirements through sales of Common Stock and cash  advances from its
current  stockholders. Our uses of cash have been professional fees,
printing costs,  postage expenses and similar  disbursements  relating
to the organization of the company and this registration statement.

         At June 30, 1999, we had no cash, assets or other capital
resources.

         Management  expects  that its  costs of  operation,  and the
costs and expenses of identifying,  investigating and consummating an
appropriate business combination, will be significant. The extent of
these costs will depend upon the amount of time that lapses prior to the
completion  of a business  combination, the number of business
opportunities  reviewed by management,  the complexity of the business
combination(s)  reviewed and the expenses incurred in structuring,
negotiating   and   consummating  a  business   combination.   Certain
current stockholders have agreed, in their discretion,  to make
advances, if need be, to fund GlobaLock's immediate cash needs. No such
advances have yet been made.







                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly  caused  this  report  to be signed  on its  behalf by
the  undersigned thereunto duly authorized.

                                      Globalock Corporation
                                      (Registrant)


Date:    November 15, 1999           By:   /s/ George A. Todt
                                            ----------------------
                            						       George A. Todt, President
                                        (principal executive officer)




















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