---

United StatesSecurities and Exchange CommissionWashington, D.C.
20549

Form 10-QSB

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

For the quarterly period ended November 30, 2007

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

For the transition period from _________to
__________________

Commission File Number: 000-29990

SENSE TECHNOLOGIES
INC.(Name of Small Business Issuer in its charter)

|British Columbia                | 90010141                  
|------------------------------- | --------------------------
|(state or other jurisdiction of | (I.R.S. Employer I.D. No.)
|incorporation or organization)  |                           

|2535 N Carleton Avenue, Grand
      Island, Nebraska 68803                                                                                                                                                                                                                                                                          
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(Address of principal executive offices)                                                                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                    
|(308) 381-1355                                                                                                                                                                                                                                                                                                                      
|Issuers telephone number                                                                                                                                                                                                                                                                                                           
|                                                                                                                                                                                                                                                                                                                                    
|Check whether the registrant (1) filed all
      reports required to be filed by sections 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 [ ]                                                                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                                                                    
|Indicate by check mark whether the registrant
      is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ]
      No [X]                                                                                                                                                                                         
|                                                                                                                                                                                                                                                                                                                                    
|The number of outstanding shares of the
      issuers common stock at November 30, 2007 was 45,575,551 shares.                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                                                                                    
|Transitional Small Business Disclosure Format:
      YES [ ] NO [X]                                                                                                                                                                                                                                                                 

---

SENSE TECHNOLOGIES INC.

INDEX TO FORM 10QSB

|PART I  FINANCIAL INFORMATION
|------------------------------
|                              
|                              
|                              
|                              
|                              
|                              
|                              
|PART II  OTHER INFORMATION   
|                              
|                              
|                              
|                              
|                              
|                              
|                              
|SIGNATURES                    

---

PART I. FINANCIAL INFORMATION

|Item 1. | Financial Statements
|------- | --------------------

SENSE TECHNOLOGIES INC.

INTERIM FINANCIAL STATEMENTS

November 30, 2007

(Stated in US Dollars)

(Unaudited)

---

|SENSE TECHNOLOGIES INC.                
|---------------------------------------
|INTERIM BALANCE SHEET                  
|November 30, 2007 and February 28, 2007
|(Stated in US Dollars)                 
|(Unaudited)                            

|                                                                               |   | November 30, |   |   | February 28, |  
|------------------------------------------------------------------------------ | - | ------------ | - | - | ------------ | -
|                                                                               |   | 2007         |   |   | 2007         |  
|**ASSETS**                                                                     |  
|Current                                                                        |   |              |   |   |              |  
|Cash                                                                           | $ | 3,361        |   | $ | -            |  
|Inventory                                                                      |   | 41,236       |   |   | 76,891       |  
|Prepaids                                                                       |   | 25,048       |   |   | 17,933       |  
|                                                                               |   |              |   |   |              |  
|                                                                               |   | 69,645       |   |   | 94,824       |  
|Deposit                                                                        |   | 15,699       |   |   | 15,699       |  
|Equipment                                                                      |   | 78,575       |   |   | 44,409       |  
|Intangible assets                                                              |   | 196,609      |   |   | 196,109      |  
|                                                                               |   |              |   |   |              |  
|                                                                               | $ | 360,528      |   | $ | 351,041      |  
|                                                                               |   |              |   |   |              |  
|LIABILITIES                                                                    |  
|                                                                               |   |              |   |   |              |  
|Current                                                                        |   |              |   |   |              |  
|Bank indebtedness                                                              | $ | -            |   | $ | 8,965        |  
|Accounts payable and accrued
      liabilities  Notes 3 and 4                 |   | 1,050,627    |   |   | 910,520      |  
|Notes payable  Note 3                                                         |   | 452,036      |   |   | 75,000       |  
|Advances payable  Note 3                                                      |   | 250          |   |   | 30,900       |  
|Dividends payable                                                              |   | 163,656      |   |   | 139,962      |  
|Convertible promissory notes payable                                           |   | 584,447      |   |   | 584,447      |  
|                                                                               |   |              |   |   |              |  
|                                                                               |   | 2,251,016    |   |   | 1,749,794    |  
|                                                                               |   |              |   |   |              |  
|STOCKHOLDERS
      DEFICIENCY                                                 |  
|                                                                               |   |              |   |   |              |  
|Series A preferred shares, without par value, redeemable at
      $1 per share |   |              |   |   |              |  
|20,000,000 shares authorized, 315,916 shares issued at November 30,            |   |              |   |   |              |  
|2007 (February 28, 2007: 315,916)                                              |   | 315,914      |   |   | 315,914      |  
|Common stock, without par value                                                |   |              |   |   |              |  
|100,000,000 shares authorized,
      45,575,551 shares issued at November 30,  |   |              |   |   |              |  
|2007 (February 28, 2007: 45,575,551)                                           |   | 12,362,142   |   |   | 12,362,142   |  
|Common stock subscribed  Note 2                                               |   | 600,500      |   |   | 440,500      |  
|Promissory note receivable                                                     |   | (585,000     | ) |   | (585,000     | )
|Subscriptions receivable                                                       |   | (891,432     | ) |   | (891,432     | )
|Additional paid-in capital                                                     |   | 62,529       |   |   | 62,529       |  
|Deficit                                                                        |   | (13,755,141  | ) |   | (13,103,406  | )
|                                                                               |   |              |   |   |              |  
|                                                                               |   | (1,890,488   | ) |   | (1,398,753   | )
|                                                                               |   |              |   |   |              |  
|                                                                               | $ | 360,528      |   | $ | 351,041      |  

SEE ACCOMPANYING NOTES

---

|SENSE TECHNOLOGIES INC.                                             
|--------------------------------------------------------------------
|INTERIM STATEMENTS OF LOSS                                          
|for the three and nine months ended November 30, 2007 and
      2006
|(Stated in US Dollars)                                              
|(Unaudited)                                                         

|                                                    |   | Three months ended |   |   | Nine months ended |  
|--------------------------------------------------- | - | ------------------ | - | - | ----------------- | -
|                                                    |   | November 30,       |   |   | November 30,      |  
|                                                    |   | 2007               |   |   | 2006              |  
|                                                    |   |                    |   |   |                   |  
|Sales                                               | $ | 29,439             |   | $ | 16,616            |  
|Direct costs  Schedule 1                           |   | 8,384              |   |   | 16,756            |  
|                                                    |   |                    |   |   |                   |  
|Gross margin                                        |   | 21,055             |   |   | (140              | )
|                                                    |   |                    |   |   |                   |  
|Expenses                                            |   |                    |   |   |                   |  
|Advertising and marketing                           |   | 62,450             |   |   | 16,140            |  
|Bad debts                                           |   | -                  |   |   | 30,249            |  
|Consulting fees  Note 4                            |   | 101,200            |   |   | 452,730           |  
|Contract labour                                     |   | 948                |   |   | 3,682             |  
|Depreciation                                        |   | 2,686              |   |   | 2,686             |  
|Filing fees                                         |   | 1,035              |   |   | 687               |  
|Financing fees  Note 3                             |   | 6,101              |   |   | 4,713             |  
|Insurance                                           |   | 8,404              |   |   | 13,636            |  
|Interest and bank charges                           |   | 498                |   |   | 1,931             |  
|Interest on long-term debt  Note 3                 |   | 31,761             |   |   | 15,769            |  
|Legal and accounting  Note 3                       |   | 28,336             |   |   | 29,004            |  
|Office and miscellaneous                            |   | 8,656              |   |   | 3,696             |  
|Rent                                                |   | 16,419             |   |   | 16,212            |  
|Shareholder information and printing                |   | 2,489              |   |   | -                 |  
|Telephone and utilities                             |   | 1,690              |   |   | 1,772             |  
|Transfer agent fees                                 |   | 4,586              |   |   | 2,552             |  
|Travel and automotive                               |   | 4,161              |   |   | 19,929            |  
|                                                    |   |                    |   |   |                   |  
|                                                    |   | 281,420            |   |   | 615,388           |  
|                                                    |   |                    |   |   |                   |  
|Net loss for the period                             | $ | (260,365           | ) | $ | (615,528          | )
|                                                    |   |                    |   |   |                   |  
|Basic and diluted loss per share                    | $ | (0.01              | ) | $ | (0.01             | )
|                                                    |   |                    |   |   |                   |  
|Weighted average number of shares
      outstanding |   | 39,605,361         |   |   | 38,170,273        |  

SEE ACCOMPANYING NOTES

---

|SENSE TECHNOLOGIES INC.                            
|---------------------------------------------------
|INTERIM STATEMENTS OF CASH FLOWS                   
|for the six months ended November 30, 2007 and 2006
|(Stated in US Dollars)                             
|(Unaudited)                                        

|                                                    |   | 2007     |   |   | 2006     |  
|--------------------------------------------------- | - | -------- | - | - | -------- | -
|                                                    |   |          |   |   |          |  
|Operating Activities                                |   |          |   |   |          |  
|Net loss for the period                             | $ | (628,041 | ) | $ | (952,755 | )
|Add items not involving
      cash:                 |   |          |   |   |          |  
|Common shares
      issued for consulting services  |   | -        |   |   | 380,220  |  
|Write-off of inventory                              |   | 76,891   |   |   | -        |  
|Amortization                                        |   | 8,059    |   |   | 8,059    |  
|Changes in non-cash
      working capital balances  |   |          |   |   |          |  
|related to operations:                              |   |          |   |   |          |  
|Accounts receivable                                 |   | -        |   |   | 3,341    |  
|Inventory                                           |   | (41,236  | ) |   | (12,633  | )
|Prepaids                                            |   | (7,115   | ) |   | (5,608   | )
|Deposit                                             |   | -        |   |   | (4,651   | )
|Accounts payable                                    |   | 140,107  |   |   | 98,946   |  
|Advances payable                                    |   | (30,650  | ) |   | 63,975   |  
|Promissory note payable                             |   | -        |   |   | 105,000  |  
|                                                    |   |          |   |   |          |  
|Net cash used in operating activities               |   | (481,985 | ) |   | (316,106 | )
|                                                    |   |          |   |   |          |  
|Investing Activities                                |   |          |   |   |          |  
|Acquisition of equipment and furniture              |   | (42,225  | ) |   | -        |  
|Patent costs                                        |   | (500     | ) |   | (32,000  | )
|                                                    |   |          |   |   |          |  
|Net cash used in investing activities               |   | (42,725  | ) |   | (32,000  | )
|                                                    |   |          |   |   |          |  
|Financing Activities                                |   |          |   |   |          |  
|Bank indebtedness                                   |   | (8,965   | ) |   | -        |  
|Subscriptions
      receivable                      |   | -        |   |   | 37,500   |  
|Notes payable                                       |   | 385,000  |   |   | -        |  
|Repayment of notes
      payable                    |   | (7,964   | ) |   | -        |  
|Common shares issued for cash                       |   | -        |   |   | 167,500  |  
|Common shares
      subscribed                      |   | 160,000  |   |   | 139,500  |  
|                                                    |   |          |   |   |          |  
|Net cash provided by financing activities           |   | 528,071  |   |   | 344,500  |  
|                                                    |   |          |   |   |          |  
|Increase (decrease) in cash during the
      period |   | 3,361    |   |   | (3,606   | )
|                                                    |   |          |   |   |          |  
|Cash, beginning of period                           |   | -        |   |   | 9,220    |  
|                                                    |   |          |   |   |          |  
|Cash, end of period                                 | $ | 3,361    |   | $ | 5,614    |  

SEE ACCOMPANYING NOTES

---

|SENSE TECHNOLOGIES INC.               
|--------------------------------------
|STATEMENT OF STOCKHOLDERS DEFICIENCY 
|for the period ended November 30, 2007
|(Stated in US Dollars)                
|(Unaudited)                           

|                         |  | Common Stock |   |   | Preferred Stock |   |  |         |   |   | Additional
    Promissor |   |   | Common  |   |   |           |         |   |           |        |   |               |  
|------------------------ |  | ------------ | - | - | --------------- | - |  | ------- | - | - | ------------------------ | - | - | ------- | - | - | --------- | ------- | - | --------- | ------ | - | ------------- | -
|                         |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   | y         |         |   |           |        |   |               |  
|                         |  | Issued       |   |   |                 |   |  | Issued  |   |   |                          |   |   | Paid-in |   |   | Note      |         |   | Stock     |        |   | Subscriptions |  
|                         |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|                         |  | Shares       |   |   | Amount          |   |  | Shares  |   |   | Amount                   |   |   | Capital |   |   | Receivabl |         |   | Subscribe |        |   | Receivable    |  
|                         |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   | e         |         |   | d         |        |   |               |  
|                         |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|Balance, February 28,    |  | 42,225,811   |   | $ | 11,580,664      |   |  | 343,050 |   | $ | 343,048                  |   | $ | 62,529  |   | $ | (585,000  | )       | $ | 76,000    |        | $ | (772,332      | )
|2006                     |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|Pursuant to agreements   |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|to a                     |  | 250,000      |   |   | 50,000          |   |  | -       |   |   | -                        |   |   | -       |   |   | -         |         |   | (40,000   | )      |   | -             |  
|private placement -      |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|at $0.20                 |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|- at                     |  | 600,000      |   |   | 60,000          |   |  | -       |   |   | -                        |   |   | -       |   |   | -         |         |   | -         |        |   | -             |  
|$0.10                    |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|Pursuant to the exercise |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|of                       |  | 383,333      |   |   | 57,500          |   |  | -       |   |   | -                        |   |   | -       |   |   | -         |         |   | (15,000   | )      |   | 7,500         |  
|warrants - at            |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|$0.15                    |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|Pursuant to agreements   |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|to                       |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|                         |  |              |   |   | 33,758          |   |  |         |   |   |                          |   |   |         |   |   |           |         |   | -         |        |   | -             |  
|convert preferred shares |  | 116,407      |   |   |                 |   |  | (27,134 | ) |   | (27,134                  | ) |   | -       |   |   | -         |         |   |           |        |   |               |  
|into                     |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|common shares -          |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|at $0.29                 |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|Common share -           |  |              | - |   |                 | - |  |         | - |   |                          | - |   |         | - |   |           | 419,500 |   |           | 30,000 |   |               | -
|subscriptions            |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|Common shares issued     |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  
|in                       |  |              |   |   |                 |   |  |         |   |   |                          |   |   |         |   |   |           |         |   |           |        |   |               |  

SEE ACCOMPANYING NOTES

---

|exchange for consulting |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|----------------------- |  | ---------- | - | - | ---------- | - |  | ------- | - | - | ------- | - | - | ------ | - | - | -------- | ------- |  | ------- | - | - | -------- | - | - | ----------- | ------- | - | ---------- | -
|services as per an      |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|                        |  |            |   |   | 380,220    |   |  |         |   |   |         |   |   |        |   |   |          |         |  | -       |   |   | -        |   |   | -           |         |   | 380,220    |  
|agreement               |  | 2,000,000  |   |   |            |   |  | -       |   |   | -       |   |   | -      |   |   | -        |         |  |         |   |   |          |   |   |             |         |   |            |  
|for a right to purchase |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|common shares -         |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|at $0.19                |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|Cash consideration      |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |  
|thereon                 |  | -          |   |   | 200,000    |   |  | -       |   |   | -       |   |   | -      |   |   | -        |         |  | -       |   |   | (156,600 | ) |   | -           |         |   | 43,400     |  
|- at                    |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|$0.10                   |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|Dividends               |  | -          |   |   | -          |   |  | -       |   |   | -       |   |   | -      |   |   | -        |         |  | -       |   |   | -        |   |   | (31,595     | )       |   | (31,595    | )
|Net loss for the year   |  | -          |   |   | -          |   |  | -       |   |   | -       |   |   | -      |   |   | -        |         |  | -       |   |   | -        |   |   | (1,225,095  | )       |   | (1,225,095 | )
|                        |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|Balance, February 28,   |  | 45,575,551 |   |   | 12,362,142 |   |  | 315,916 |   |   | 315,914 |   |   | 62,529 |   |   | (585,000 | )       |  | 440,500 |   |   | (891,432 | ) |   | (13,103,406 | )       |   | (1,398,753 | )
|2007                    |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|Dividends               |  | -          |   |   | -          |   |  | -       |   |   | -       |   |   | -      |   |   | -        |         |  | -       |   |   | -        |   |   | (23,694     | )       |   | (23,694    | )
|Common share -          |  |            | - |   |            | - |  |         | - |   |         | - |   |        | - |   |          | 160,000 |  |         | - |   |          | - |   |             | 160,000 |  
|subscriptions           |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|Net loss for the period |  | -          |   |   | -          |   |  | -       |   |   | -       |   |   | -      |   |   | -        |         |  | -       |   |   | -        |   |   | (628,041    | )       |   | (628,041   | )
|                        |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  
|Balance, November 30,   |  | 45,575,551 |   | $ | 12,362,142 |   |  | 315,916 |   | $ | 315,914 |   | $ | 62,529 |   | $ | (585,000 | )       |  | 600,500 |   | $ | (891,432 | ) | $ | (13,755,141 | )       | $ | (1,890,488 | )
|2007                    |  |            |   |   |            |   |  |         |   |   |         |   |   |        |   |   |          |         |  |         |   |   |          |   |   |             |         |   |            |  

SEE ACCOMPANYING NOTES

---

|                                                                     | Schedule 1
|-------------------------------------------------------------------- | ----------
|SENSE TECHNOLOGIES INC.                                             
|SCHEDULE OF DIRECT COSTS                                            
|for the three and nine months ended November
      30, 2007 and 2006
|(Stated in US Dollars)                                              
|(Unaudited)                                                         

|                         |   | Three months ended |  |   | Nine months ended | 
|------------------------ | - | ------------------ |  | - | ----------------- | 
|                         |   | November 30,       |  |   | November 30,      | 
|                         |   | 2007               |  |   | 2006              | 
|                         |   |                    |  |   |                   | 
|Direct costs             |   |                    |  |   |                   | 
|Cost of sales            | $ | -                  |  | $ | -                 | 
|Manufacturing expenses   |   | 8,874              |  |   | -                 | 
|Research and development |   | 643                |  |   | 16,756            | 
|Write-off of inventory   |   | -                  |  |   | -                 | 
|                         |   |                    |  |   |                   | 
|                         | $ | 9,517              |  | $ | 16,756            | 

SEE ACCOMPANYING NOTES

---

|SENSE TECHNOLOGIES INC.                  
|-----------------------------------------
|NOTES TO THE INTERIM FINANCIAL STATEMENTS
|November 30, 2007                        
|(Stated in US Dollars)                   
|(Unaudited)                              

|Note 1 | Interim Reporting                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|       | While the information presented in the accompanying nine
      months to November 30, 2007 financial statements is unaudited, it includes
      all adjustments which are, in the opinion of management, necessary to
      present fairly the financial position, results of operations and cash
      flows for the interim period presented in accordance with accounting
      principles generally accepted in the United States of America. In the
      opinion of management, all adjustments considered necessary for a fair
      presentation of the results of operations and financial position have been
      included and all such adjustments are of a normal recurring nature. It is
      suggested that these interim unaudited financial statements be read in
      conjunction with the Companys audited financial statements for the year
      ended February 28, 2007.
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|       | Operating results for the nine months ended November 30,
      2007, are not necessarily indicative of the results that can be expected
      for the year ending February 28, 2008.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             

|Note 2 | Common Stock
|------ | ------------

| | a) | Escrow:
| | -- | -------

At November 30, 2007, there are
5,970,190 performance shares held in escrow by the Companys transfer agent.
Included in this amount are 3,250,000 escrow shares to be earned out on the
basis of one share for each $0.50 of cash flow generated by the Company. Once
these shares are earned out, the remaining 2,720,190 escrow shares are to be
earned out for each $5.00 of cash flow generated by the Company. The release of
these shares is subject to the direction or determination of the relevant
regulatory authorities.

| | b) | Commitments:
| | -- | ------------

Stock-based Compensation Plan

The Company has granted employees and
directors common share purchase options. These options were granted with an
exercise price equal to the market price of the Companys stock on the date of
the grant.

---

|Note 2 | Common Stock (contd)
|------ | ----------------------
|       |                       
|       | b)                    

| |                                |  | November 30, |   |   | November 30, | 
| | ------------------------------ |  | ------------ | - | - | ------------ | 
| |                                |  | 2007         |   |   | 2006         | 
| |                                |  |              |   |   | Weighted     | 
| |                                |  |              |   |   | Average      | 
| |                                |  |              |   |   | Exercise     | 
| |                                |  | Shares       |   |   | Price        | 
| |                                |  |              |   |   |              | 
| | Outstanding and exercisable at |  |              |   |   |              | 
| | beginning of the period        |  | 275,000      |   | $ | 0.91         | 
| | Expired                        |  | (100,000     | ) | $ | 0.75         | 
| |                                |  |              |   |   |              | 
| | Outstanding and exercisable at |  |              |   |   |              | 
| | end of the period              |  | 175,000      |   | $ | 1.00         | 

At November 30, 2007, the following
employee and director common share purchase options were outstanding entitling
the holders thereof the right to purchase one common share for each share
purchase option held:

| |         |   | Exercise |  |  |                  | 
| | ------- | - | -------- |  |  | ---------------- | 
| | Number  |   | Price    |  |  | Expiry Date      | 
| |         |   |          |  |  |                  | 
| | 150,000 | $ | 1.00     |  |  | February 1, 2008 | 
| | 25,000  | $ | 1.00     |  |  | March 14, 2008   | 
| |         |   |          |  |  |                  | 
| | 175,000 |   |          |  |  |                  | 

Common Stock Subscribed

As at November 30, 2007, the Company
has received $21,000 in respect of private placements of 140,000 common shares
at $0.15 per share and $579,500 in respect of private placements of 5,295,000
common shares at $0.10 per share and 1,000,000 common shares at $0.05 per share.
As at November 30, 2007, these shares had not been issued.

---

|Note 3 | Related Party Transactions                                                                                            
|------ | ----------------------------------------------------------------------------------------------------------------------
|       |                                                                                                                       
|       | The Company incurred the following expenses with
      directors and companies with common directors and shareholders:

| |                  |   | Three months ended |  |   | Nine months ended | 
| | ---------------- | - | ------------------ |  | - | ----------------- | 
| |                  |   | November 30,       |  |   | November 30,      | 
| |                  |   | 2007               |  |   | 2006              | 
| |                  |   |                    |  |   |                   | 
| | Accounting fees  | $ | 14,350             |  | $ | 2,670             | 
| | Financing fees   | $ | -                  |  | $ | -                 | 
| | Interest expense | $ | 10,422             |  | $ | 5,833             | 

As at November 30, 2007, included in
accounts payable is $51,129 (February 28, 2007: $36,343) owing to an accounting
firm in which a director of the Company is a partner and a shareholder with
respect to unpaid fees and interest on promissory notes, $480,000 (February 28,
2007: $480,000) owing to shareholders of the Company in respect of royalties
payable and $50,992 (February 28, 2007: $50,992) owing to the former president
of the Company in respect of unpaid wages.

As at November 30, 2007, included in
advances payable is $250 (February 28, 2007: $30,900) owed to a company
controlled by a director.

As at November 30, 2007, promissory
notes payable of $345,000 (February 28, 2007: $75,000) is due to a
profit-sharing and retirement plan administered by a director of the
Company.

|Note 4 | Commitment
|------ | ----------

On September 9, 2007, the Company
entered into an agreement with ZB Consulting LLC to provide the Company with
consulting and advisory services for the following compensation:

| | i)  | A payment of $100,000 (included in accounts payable)
      and;                                                                               
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------
| |     |                                                                                                                                               
| | ii) | 1,111,111 common shares of the Company at a deemed value
      of $0.10 per share for a total of $111,111 to be issued December 9,
      2007.

---

|Item 2. | Managements Discussion and Analysis or Plan
      of Operation
|------- | ---------------------------------------------------------------

The following discussion and analysis should be read in
conjunction with our Financial Statements and Notes thereto for the period ended
November 30, 2007 and November 30, 2006.

Overview of Operations

Sense holds a license to manufacture, distribute, market and
sublicense world-wide, a patented technology which is used to produce the
Guardian Alert® backing awareness system for motor vehicles utilizing microwave
radar technology. Sense also holds the worldwide rights to market and sell the
ScopeOut® product. ScopeOut® is a system of specially-designed mirrors which are
placed at specific points on automobiles, trucks, sport utility vehicles or
commercial vehicles to offer drivers a more complete view behind the vehicle.
Drivers using the product are able to have increased visibility when backing out
of parking spaces or garages, and have additional protection from blind spots
during lane changes in traffic. Both products are available on-line at www.sensetech.com.

Manufacturing of both products is outsourced. The Company has
established relationships with multiple large dealership groups and aftermarket
product distributors.

Results of Operations

For the period ended November 30, 2007 as compared to the
period ended November 30, 2006.

Sales for the period ended November 30, 2007 were $59,611, a 37
percent decrease from the period ended November 30, 2006. The Company has been
concentrating on the wholesale and retail launch of its ScopeOut® products, and
has encountered unexpected delays in that process.

Direct costs were $109,994, a 200 percent increase over the
period ended November 30, 2006. The Company realized a negative gross margin
contribution of $50,383, due mainly to writing off the balance of the
fist-version design of the SUV ScopeOut® models inventory for conservative
financial statement presentation.

General and administrative expenses were $577,658 for the
period ended November 30, 2007 as compared to $1,010,593 for the period ended
November 30, 2006. The decrease was partially attributable to efforts in
reducing costs until product sales increase.

Liquidity and Capital Resources

At November 30, 2007, the Company had cash and cash equivalents
on hand of $3,361 compared to $5,614 at November 30, 2006. During the period
ended November 30, 2007, the Company funded operations using existing cash
balances, cash flow from operations, and by raising money through the issuance
of Common Stock.

At November 30, 2007, we had a working capital deficit of
$2,181,371 compared to a working capital deficit of $1,658,444 at November 30,
2006. The increase in working capital deficit is largely due to the write off of
ScopeOut® inventory products first-generation designs for conservative financial
statement presentation.

We have not invested in derivative securities or any other
financial instruments that involve a high level of complexity or risk.

---

|Item 3. | Controls and Procedures
|------- | -----------------------

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Our management, including our principal executive officer, who
is also acting as our principal financial officer, evaluated the effectiveness
of our disclosure controls and procedures (as defined in Exchange Act Rule
13a-15(e)) as of November 30, 2007. Based on that evaluation, our principal
executive officer and principal financial officer has concluded that as of
November 30, 2007, we have maintained effective disclosure controls and
procedures in all material respects, including those necessary to ensure that
information required to be disclosed in reports filed or submitted with the SEC
(i) is recorded, processed, and reported within the time periods specified by
the SEC, and (ii) is accumulated and communicated to management, including our
principal executive officer and principal financial officer, as appropriate to
allow for timely decision regarding required disclosure.

There have been no changes in our internal control over
financial reporting that occurred during the last fiscal quarter that have
materially affected, or are reasonably likely to materially affect, our internal
control over financial reporting.

PART II- OTHER INFORMATION

|Item 2. | Unregistered Sales of Equity Securities and
      Use of Proceeds
|------- | -----------------------------------------------------------------

During the period ended November 30, 2007, the Company sold
1,925,000 common shares to investors as set out in the table below for total
proceeds to the Company of USD$142,500. The shares were sold under Rule 506 of
Regulation D of the U.S. Securities Act of 1933 (the 1933 Act) and the
certificates evidencing such shares will bear a restrictive legend pursuant to
Regulation D of the 1933 Act.

Date of Sale
    Number of Shares Sold
    Price per Share
    Total ProceedsSeptember 8, 2007
    200,000
    $0.10
    $20,000September 15, 2007
    100,000
    $0.10
    $10,000October 9, 2007
    75,000
    $0.10
    $7,500October 11, 2007
    50,000
    $0.10
    $5,000October 11, 2007
    250,000
    $0.05
    $12,500October 25, 2007
    250,000
    $0.05
    $12,500October 25, 2007
    500,000
    $0.05
    $25,000November 29, 2007
    500,000
    $0.10
    $50,000TOTAL
    1,925,000
    
    $142,500


|**Item 4.** | Submission of Matters to a Vote of Security
      Holders
|----------- | ---------------------------------------------------------

At the Annual General Meeting of the holders of Common Shares
of the Company held on November 15, 2007, the shareholders voted on the
following matters:

|1. | Election of Directors.The following nominees were
      elected as directors to serve until the next annual general meeting of the
      shareholders:
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                       
|   | Bruce E. Schreiner                                                                                                                                    

---

|   | For:                                                                                                                                                                                                   | 10,360,355
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------
|   | Withheld:                                                                                                                                                                                              | 42,900    
|   |                                                                                                                                                                                                        |           
|   | James R. Iman                                                                                                                                                                                         
|   | For:                                                                                                                                                                                                   | 10,374,655
|   | Withheld:                                                                                                                                                                                              | 28,600    
|   |                                                                                                                                                                                                        |           
|   | Robert Doviak                                                                                                                                                                                         
|   | For:                                                                                                                                                                                                   | 10,374,655
|   | Withheld:                                                                                                                                                                                              | 28,600    
|   |                                                                                                                                                                                                        |           
|2. | Appointment of Auditors.The shareholders approved
      the reappointment of Amisano Hanson, Chartered Accountants, as auditor of
      the Company until the next annual general shareholder meeting.
|   |                                                                                                                                                                                                        |           
|   | For:                                                                                                                                                                                                   | 10,403,255
|   | Withheld:                                                                                                                                                                                              | 250       
|3. | Continuation into British Columbia. The
      shareholders approved the continuation of the Company from the Yukon
      Territories into British Columbia by special resolution.                     
|   |                                                                                                                                                                                                        |           
|   | For:                                                                                                                                                                                                   | 10,403,255
|   | Against:                                                                                                                                                                                               | 0         
|   |                                                                                                                                                                                                        |           
|4. | Adoption of British Columbia Notice of Articles and
      Articles. The shareholders approved the adoption of new Notice of
      Articles and Articles of the Company by special resolution.         
|   |                                                                                                                                                                                                        |           
|   | For:                                                                                                                                                                                                   | 10,200,955
|   | Against:                                                                                                                                                                                               | 202,300   
|   |                                                                                                                                                                                                        |           
|5. | Share Consolidation.The shareholders approved the
      share consolidation on the basis of one new share for every ten old shares
      of the Company by special resolution.                        
|   |                                                                                                                                                                                                        |           
|   | For:                                                                                                                                                                                                   | 8,674,098 
|   | Against:                                                                                                                                                                                               | 1,729,157 

|Item 6. | Exhibits
|------- | --------

|1. | Exhibit 3.1
         Notice of Articles of Sense Technologies Inc.                                                                                         
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                             
|2. | Exhibit 3.2
         Articles of Sense Technologies Inc.                                                                                                   
|   |                                                                                                                                                             
|3. | Exhibit 31.1
         Certification Pursuant to Rule 13a-14(a) or 15d-14(a) of the U.S.
        Securities Exchange Act of 1934.                           
|   |                                                                                                                                                             
|4. | Exhibit 32.1
         Certification Pursuant to 18 U.S.C. Section 1350 and Rule 13a-14(b)
        or 15a-14(b) of the U.S. Securities Exchange Act of 1934.

---

SIGNATURES

In accordance with the requirements of the Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

|Date: January 21, 2008 | SENSE TECHNOLOGIES INC.
|---------------------- | -----------------------
|                       | (Registrant)           
|                       |                        
|                       |                        
|                       | By:                    
|                       |                        

---