---

**UNITED STATESSECURITIES AND EXCHANGE COMMISSION** Washington, 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 August 31, 2003

** ̈******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)

Yukon Territory
      90010141(state or other jurisdiction of
      (I.R.S. Employer I.D. No.)incorporation or organization)


800 Clanton Road, Suite U, Charlotte, North Carolina
  28217 
  (Address of principal executive offices)

(704) 522-7999
  
  Issuers telephone number

_________________________________________________________________
  Former name, former address, and former fiscal year, if changed since last report

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** ̈******

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Check whether the registrant filed all documents and reports
  required to be filed by Section 12, 13 or
  15(d) of the Exchange Act after the distribution of securities under a plan
  confirmed by a court. 
  YES ** ̈******
  NO ** ̈******

APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuers
  classes of common equity, as of the latest practicable date:

As of August 31, 2003, the registrants outstanding common
  stock consisted of 2,345,000 shares.

Transitional Small Business Disclosure Format (Check one):
  YES ** ̈******
  NO **x******

---

SENSE TECHNOLOGIES INC.

Index to Form 10QSB

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

---

SENSE TECHNOLOGIES INC.

INTERIM FINANCIAL STATEMENTS

August 31, 2003

(Stated in US Dollars)

(Unaudited)

---

SENSE TECHNOLOGIES INC. 
  INTERIM BALANCE SHEETS
  August 31, 2003 and February 28, 2003(Stated in US Dollars)

|                                                     |   | (Unaudited) |   |   | (Audited)    |  
|---------------------------------------------------- | - | ----------- | - | - | ------------ | -
|                                                     |   | August31,   |   |   | February 28, |  
|                                                     |   | 2003        |   |   | 2003         |  
|ASSETS                                               |  
|                                                     |   |             |   |   |              |  
|Current                                              |   |             |   |   |              |  
|Cash                                                 |   | 24,616      |   |   | 4,976        |  
|Accounts receivable                                  |   | 13,174      |   |   | 64,575       |  
|Inventory                                            |   | 852,797     |   |   | 920,280      |  
|Prepaids                                             |   | 29,377      |   |   | 30,652       |  
|                                                     |   | 919,964     |   |   | 1,020,483    |  
|Capital assets                                       |   | 57,908      |   |   | 61,532       |  
|Intangible assets                                    |   | 142,822     |   |   | 142,822      |  
|                                                     | $ | 1,120,694   |   | $ | 1,224,837    |  
|                                                     |   |             |   |   |              |  
|LIABILITIES                                          |  
|                                                     |   |             |   |   |              |  
|Current                                              |   |             |   |   |              |  
|Accounts payable  Note 3                            | $ | 768,292     |   | $ | 757,922      |  
|Advances payable                                     |   | 80,000      |   |   | 20,000       |  
|Deferred revenue                                     |   | 165,000     |   |   | -            |  
|Convertible promissory notes payable  Notes 3 and 5 |   | 1,888,000   |   |   | 1,863,000    |  
|                                                     |   | 2,901,292   |   |   | 2,640,922    |  
|Convertible promissory notes payable                 |   | -           |   |   | 25,000       |  
|                                                     |   | 2,901,292   |   |   | 2,665,922    |  
|                                                     |   |             |   |   |              |  
|STOCKHOLDERS' (DEFICIENCY)                           |  
|                                                     |   |             |   |   |              |  
|Share capital  Notes 2 and 5                        |   | 7,599,828   |   |   | 7,497,128    |  
|Common stock subscribed  Note 2                     |   | 20,000      |   |   | 51,500       |  
|Promissory note receivable                           |   | (585,000    | ) |   | (585,000     | )
|Additional paid-in capital                           |   | 62,529      |   |   | 57,279       |  
|Deficit                                              |   | (8,877,955  | ) |   | (8,461,992   | )
|                                                     |   | (1,780,598  | ) |   | (1,441,085   | )
|                                                     | $ | 1,120,694   |   | $ | 1,224,837    |  

SEE ACCOMPANYING NOTES

---

SENSE TECHNOLOGIES INC. 
  INTERIM STATEMENTS OF LOSS
  for the three and six months ended August 31, 2003 and 2002
  (Stated in US Dollars) (Unaudited)

|                                         |   | Three months ended |   |   | Six months ended |  
|---------------------------------------- | - | ------------------ | - | - | ---------------- | -
|                                         |   | August 31,         |   |   | August 31,       |  
|                                         |   | 2003               |   |   | 2002             |  
|                                         |   |                    |   |   |                  |  
|Sales  Note 3                           | $ | 160,150            |   | $ | 53,211           |  
|Direct costs  Schedule 1                |   | 108,137            |   |   | 36,821           |  
|                                         |   |                    |   |   |                  |  
|Gross margin (loss)                      |   | 52,013             |   |   | 16,390           |  
|                                         |   |                    |   |   |                  |  
|Expenses                                 |   |                    |   |   |                  |  
|Advertising and
      marketing  Note 3 |   | 5,943              |   |   | 37,046           |  
|Amortization                             |   | 4,411              |   |   | 5,285            |  
|Bad debts 
      Note 3                 |   | -                  |   |   | -                |  
|Consulting fees
       Note 3           |   | 9,938              |   |   | 37,283           |  
|Filing fees                              |   | 2,044              |   |   | -                |  
|Insurance                                |   | 30,833             |   |   | 3,537            |  
|Interest and bank
      charges          |   | 1,374              |   |   | 441              |  
|Interest on convertible
      promissory |   |                    |   |   |                  |  
|notes
       Note 3                     |   | 53,755             |   |   | 43,490           |  
|Legal and accounting
      fees  Note 3 |   | 37,292             |   |   | 57,266           |  
|Office and miscellaneous                 |   | 8,423              |   |   | 17,246           |  
|Rent                                     |   | 7,063              |   |   | 14,095           |  
|Shareholder information
      and        |   |                    |   |   |                  |  
|printing                                 |   | 10,052             |   |   | 10,105           |  
|Telephone and internet                   |   | 2,675              |   |   | 6,638            |  
|Transfer agent fees                      |   | 1,386              |   |   | 10,120           |  
|Travel                                   |   | 5,227              |   |   | 39,181           |  
|Wages and benefits
       Note 3        |   | 105,574            |   |   | 82,551           |  
|                                         |   |                    |   |   |                  |  
|                                         |   | 285,990            |   |   | 364,284          |  
|                                         |   |                    |   |   |                  |  
|Loss before other items                  |   | (233,977           | ) |   | (347,894         | )
|Other items:                             |   |                    |   |   |                  |  
|Other income                             |   | -                  |   |   | 1,714            |  
|Interest income
       Note 3           |   | 13,163             |   |   | -                |  
|Provision for accrued
      interest     |   |                    |   |   |                  |  
|receivable
       Note 3                |   | (13,163            | ) |   | -                |  
|Non-cash compensation
      charge       |   | -                  |   |   | -                |  
|Foreign exchange                         |   | (4,479             | ) |   | (7               | )
|                                         |   |                    |   |   |                  |  
|Net loss for the period                  | $ | (238,456           | ) | $ | (346,187         | )
|                                         |   |                    |   |   |                  |  
|Loss per share                           | $ | (0.03              | ) | $ | (0.05            | )

SEE ACCOMPANYING NOTES

---

SENSE TECHNOLOGIES INC. 
  INTERM STATEMENTS OF DEFICIT
  for the six months ended August 31, 2003 and 2002
  (Stated in US Dollars) (Unaudited)

|                             |   | 2003       |   |   | 2002       |  
|---------------------------- | - | ---------- | - | - | ---------- | -
|                             |   |            |   |   |            |  
|Deficit, beginning of period | $ | (8,461,992 | ) | $ | (6,810,456 | )
|                             |   |            |   |   |            |  
|Net loss for the period      |   | (415,963   | ) |   | (758,981   | )
|                             |   |            |   |   |            |  
|Deficit, end of period       | $ | (8,877,955 | ) | $ | (7,569,437 | )

SEE ACCOMPANYING NOTES

---

SENSE TECHNOLOGIES INC. 
  INTERIM STATEMENTS OF CASH FLOWS
  for the six months ended August 31, 2003 and 2002
  (Stated in US Dollars) (Unaudited)

|                                                                       |   | 2003     |   |   | 2002     |  
|---------------------------------------------------------------------- | - | -------- | - | - | -------- | -
|                                                                       |   |          |   |   |          |  
|Operating Activities                                                   |   |          |   |   |          |  
|Net loss for the period                                                | $ | (415,963 | ) | $ | (758,981 | )
|Add items not involving cash:                                          |   |          |   |   |          |  
|Non-cash compensation
      charge                                     |   | 5,250    |   |   | -        |  
|Common shares issued
      for advertising and consulting services     |   | 6,250    |   |   | 10,500   |  
|Convertible promissory
      note payable issued for legal services    |   | -        |   |   | 100,000  |  
|Amortization                                                           |   | 8,574    |   |   | 10,569   |  
|                                                                       |   | (395,889 | ) |   | (637,912 | )
|Changes in non-cash working capital items
      related to operations: |   |          |   |   |          |  
|Accounts receivable                                                    |   | 51,401   |   |   | (32,531  | )
|Inventory                                                              |   | 67,483   |   |   | (92,532  | )
|Prepaids                                                               |   | 1,275    |   |   | (23,066  | )
|Accounts payable                                                       |   | 10,370   |   |   | 175,451  |  
|Advances payable                                                       |   | 60,000   |   |   | -        |  
|Deferred revenue                                                       |   | 165,000  |   |   | -        |  
|Cash used in operations                                                |   | (40,360  | ) |   | (610,590 | )
|                                                                       |   |          |   |   |          |  
|Financing Activities                                                   |   |          |   |   |          |  
|Common shares subscribed                                               |   | 20,000   |   |   | 51,500   |  
|Common shares issued for cash                                          |   | 40,000   |   |   | -        |  
|Proceeds from convertible promissory notes
      payable               |   | -        |   |   | 350,000  |  
|                                                                       |   |          |   |   |          |  
|Cash provided by financing activities                                  |   | 60,000   |   |   | 401,500  |  
|                                                                       |   |          |   |   |          |  
|Investing Activity                                                     |   |          |   |   |          |  
|Acquisition of capital assets                                          |   | -        |   |   | (8,906   | )
|                                                                       |   |          |   |   |          |  
|Cash used in investing activities                                      |   | -        |   |   | (8,906   | )
|                                                                       |   |          |   |   |          |  
|Increase (decrease) in cash during the period                          |   | 19,640   |   |   | (217,996 | )
|                                                                       |   |          |   |   |          |  
|Cash, beginning of period                                              |   | 4,976    |   |   | 268,339  |  
|                                                                       |   |          |   |   |          |  
|Cash, end of period                                                    | $ | 24,616   |   | $ | 50,343   |  
|                                                                       |   |          |   |   |          |  
|Non-cash Transactions  Note 4                                         |   |          |   |   |          |  

SEE ACCOMPANYING NOTES

---

SENSE TECHNOLOGIES INC. 
  INTERIM STATEMENT OF STOCKHOLDERS (DEFICIENCY)
  for the year ended February 28, 2003 and the six months ended August 31, 2003
  (Stated in U.S. Dollars) (Unaudited)

|                                         | Common Stock |  |   |           |  |   | Promissory |  |   | Common     |   |   |            |   |   |             |  
|---------------------------------------- | ------------ |  | - | --------- |  | - | ---------- |  | - | ---------- | - | - | ---------- | - | - | ----------- | -
|                                         | Issued       |  |   |           |  |   | Paid-in    |  |   | Note       |   |   | Stock      |   |   | Accumulated |  
|                                         | Shares       |  |   | Amount    |  |   | Capital    |  |   | Receivable |   |   | Subscribed |   |   | Deficit     |  
|Balance, February 28, 2002               | 12,983,908   |  | $ | 7,486,628 |  | $ | 5,279      |  | $ | (585,000   | ) | $ | -          |   | $ | (6,810,456  | )
|Issue of shares pursuant to an agreement |              |  |   |           |  |   |            |  |   |            |   |   |            |   |   |             |  
|to settle debt                           | 10,000       |  |   | 10,500    |  |   | -          |  |   | -          |   |   | -          |   |   | -           |  
|Common stock subscribed                  | -            |  |   | -         |  |   | -          |  |   | -          |   |   | 51,500     |   |   | -           |  
|Non-cash compensation charge             | -            |  |   | -         |  |   | 52,000     |  |   | -          |   |   | -          |   |   | -           |  
|Net loss for the year ended              |              |  |   |           |  |   |            |  |   |            |   |   |            |   |   |             |  
|February 28, 2003                        | -            |  |   | -         |  |   | -          |  |   | -          |   |   | -          |   |   | (1,651,536  | )
|Balance, February 28, 2003               | 12,993,908   |  |   | 7,497,128 |  |   | 57,279     |  |   | (585,000   | ) |   | 51,500     |   |   | (8,461,992  | )
|Common stock subscribed                  | -            |  |   | -         |  |   | -          |  |   | -          |   |   | 20,000     |   |   | -           |  
|Common stock issued in exchange for      |              |  |   |           |  |   |            |  |   |            |   |   |            |   |   |             |  
|capital assets                           | 4,950        |  |   | 4,950     |  |   | -          |  |   | -          |   |   | -          |   |   | -           |  
|Common stock issued for advertising and  | 25,000       |  |   | 6,250     |  |   | -          |  |   | -          |   |   | -          |   |   | -           |  
|consulting services                      |              |  |   |           |  |   |            |  |   |            |   |   |            |   |   |             |  
|Common stock issued pursuant to a        |              |  |   |           |  |   |            |  |   |            |   |   |            |   |   |             |  
|private placement                        | 50,000       |  |   | 51,500    |  |   | -          |  |   | -          |   |   | -          |   |   | -           |  
|Common stock subscription utilized       | -            |  |   | -         |  |   | -          |  |   | -          |   |   | (51,500    | ) |   | -           |  
|Common stock issued pursuant to a        |              |  |   |           |  |   |            |  |   |            |   |   |            |   |   |             |  
|private placement                        | 266,664      |  |   | 40,000    |  |   | -          |  |   | -          |   |   | -          |   |   | -           |  
|Non-cash compensation charge             | -            |  |   | -         |  |   | 5,250      |  |   | -          |   |   | -          |   |   | -           |  
|Net loss for the six months ended        |              |  |   |           |  |   |            |  |   |            |   |   |            |   |   |             |  
|August 31, 2003                          | -            |  |   | -         |  |   | -          |  |   | -          |   |   | -          |   |   | (409,681    | )
|Balance, August 31, 2003                 | 13,340,622   |  | $ | 7,599,828 |  | $ | 62,529     |  | $ | (585,000   | ) | $ | 20,000     |   | $ | (8,871,673  | )

SEE ACCOMPANYING NOTES

---

Schedule 1

SENSE TECHNOLOGIES INC.
  SCHEDULE OF DIRECT COSTS
  for the six months ended August 31, 2003 and 2002 (Stated in U.S. Dollars)

|                         |   | Three months ended August 31, |  |   | Six months ended August 31, | 
|------------------------ | - | ----------------------------- |  | - | --------------------------- | 
|                         |   | 2003                          |  |   | 2002                        | 
|Direct costs             |   |                               |  |   |                             | 
|Cost of sales            | $ | 86,052                        |  | $ | 36,080                      | 
|Manufacturing expenses   |   | 15,802                        |  |   | 741                         | 
|Royalty expense  Note 3 |   | 6,282                         |  |   | -                           | 
|                         | $ | 108,137                       |  | $ | 36,821                      | 

SEE ACCOMPANYING NOTES

---

SENSE TECHNOLOGIES INC. 
  NOTES TO THE INTERM FINANCIAL STATEMENTS

August 31, 2003 
  (Stated in US Dollars) (Unaudited)

|Note 1 | Interim Reporting
      While the information presented in the accompanying
        six months to August 31, 2003 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.
      Operating results for the quarter ended August 31, 2003
        are not necessarily indicative of the results that can be expected for
        the year ending February 28, 2004.
|------ | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|Note 2 | Share Capital  Note 4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|       | a)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|       | b)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|       | c)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

---

SENSE TECHNOLOGIES INC. 
  Notes to the Interim Financial Statements 
  August 31, 2003  Page 2 (Stated in US Dollars)

|Note 2 | Share Capital  Note 4  (contd)
|------ | ---------------------------------
|       |                                  
|       | c)                               
|       |                                  
|       |                                  

| |  |                                                                                                                                                                                                                                                                                                                                                          | August 31, 2003 |   | August 31, 2002 | 
| |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------- | - | --------------- | 
| |  |                                                                                                                                                                                                                                                                                                                                                          |                 |   | Weighted        | 
| |  |                                                                                                                                                                                                                                                                                                                                                          |                 |   | Average         | 
| |  |                                                                                                                                                                                                                                                                                                                                                          |                 |   | Exercise        | 
| |  |                                                                                                                                                                                                                                                                                                                                                          | Shares          |   | Price           | 
| |  |                                                                                                                                                                                                                                                                                                                                                          |                 |   |                 | 
| |  | Outstanding and exercisable at                                                                                                                                                                                                                                                                                                                           |                 |   |                 | 
| |  | beginning of period                                                                                                                                                                                                                                                                                                                                      | 2,230,000       |   | $1.22           | 
| |  | Previously granted options vesting                                                                                                                                                                                                                                                                                                                       |                 |   |                 | 
| |  | during the period                                                                                                                                                                                                                                                                                                                                        | 100,000         |   | $1.00           | 
| |  | Granted                                                                                                                                                                                                                                                                                                                                                  | 50,000          |   | $1.00           | 
| |  | Expired                                                                                                                                                                                                                                                                                                                                                  | (10,000         | ) | $1.03           | 
| |  | Less: Share purchase options not                                                                                                                                                                                                                                                                                                                         |                 |   |                 | 
| |  | vested                                                                                                                                                                                                                                                                                                                                                   | (25,000         | ) | $1.00           | 
| |  | Cancelled                                                                                                                                                                                                                                                                                                                                                | -               |   | -               | 
| |  | Outstanding and exercisable at end of                                                                                                                                                                                                                                                                                                                    |                 |   |                 | 
| |  | the period                                                                                                                                                                                                                                                                                                                                               | 2,345,000       |   | $1.10           | 
| |  |                                                                                                                                                                                                                                                                                                                                                         
| |  | A non-cash compensation charge
        of $5,250, associated with the granting of options to a consultant, has
        been recognized in the financial statements for the period ended August
        31, 2003.
      The fair value for these options was estimated at the
        date of the grant using the following weighted average assumptions:

| |  | Volatility factor of expected market price of companys shares | 157  | %  
| |  | -------------------------------------------------------------- | ---- | ---
| |  | Dividend yield                                                 | 0    | %  
| |  | Weighted average expected life of stock options                | 5    | yrs
| |  | Risk-free interest rate                                        | 1.25 | %  

| |  | The Black-Scholes option valuation model was developed
        for use in estimating the fair value of traded options which have no vesting
        restrictions and are fully transferable. In addition, option valuation
        models require the input of highly subjective assumptions, including expected
        share price volatility. The Companys employee stock options have
        characteristics significantly different from those of traded options,
        and changes in the subjective input assumptions can materially affect
        fair value estimates.
| |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

|Note 2 | Share Capital  Note 4  (contd)
|------ | ---------------------------------
|       |                                  
|       | c)                               
|       |                                  
|       |                                  
|       |                                  
|       |                                  

| |  |                                                                                                                                                                                                                                              |  | Exercise | Expiry |                   
| |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | -------- | ------ | ------------------
| |  | Number                                                                                                                                                                                                                                       |  | Price    | Date   |                   
| |  | 15,000                                                                                                                                                                                                                                       |  | $        | 1.03   | June 25, 2004     
| |  | 25,000                                                                                                                                                                                                                                       |  | $        | 1.03   | June 8, 2005      
| |  | 305,000                                                                                                                                                                                                                                      |  | $        | 1.03   | August 4, 2005    
| |  | 25,000                                                                                                                                                                                                                                       |  | $        | 1.03   | March 22, 2006    
| |  | 25,000                                                                                                                                                                                                                                       |  | $        | 1.03   | January 8, 2006   
| |  | 550,000                                                                                                                                                                                                                                      |  | $        | 2.30   | December 18, 2006 
| |  | 50,000                                                                                                                                                                                                                                       |  | $        | 2.30   | January 10, 2007  
| |  | 75,000                                                                                                                                                                                                                                       |  | $        | 1.00   | June 5, 2007      
| |  | 100,000                                                                                                                                                                                                                                      |  | $        | 0.75   | September 26, 2007
| |  | 275,000                                                                                                                                                                                                                                      |  | $        | 1.00   | February 1, 2008  
| |  | 100,000                                                                                                                                                                                                                                      |  | $        | 1.00   | February 6, 2008  
| |  | 600,000                                                                                                                                                                                                                                      |  | $        | 0.50   | February 6, 2008  
| |  | 25,000                                                                                                                                                                                                                                       |  | $        | 1.00   | March 5, 2008     
| |  | 25,000                                                                                                                                                                                                                                       |  | $        | 1.00   | March 14, 2008    
| |  | 50,000                                                                                                                                                                                                                                       |  | $        | 1.00   | June 6, 2008      
| |  | 100,000                                                                                                                                                                                                                                      |  | $        | 1.00   | March 6, 2009     
| |  | 2,345,000                                                                                                                                                                                                                                    |  |          |        |                   
| |  |                                                                                                                                                                                                                                             
| |  | Common Stock Subscribed
      As at August 31, 2003, the Company has received $20,000
        in respect of a private placement of 133,334 common shares at $0.15 per
        share. As at August 31, 2003, hese shares had not been issued.

---

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

|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | Three months ended |   |   | Six months ended | 
|------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | - | ------------------ | - | - | ---------------- | 
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | August 31,         |   |   | August 31,       | 
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 2003               |   |   | 2002             | 
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                    |   |   |                  | 
|       | Advertising and marketing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | $ | -                  |   | $ | 35,441           | 
|       | Bad debts                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | $ | -                  |   | $ | -                | 
|       | Consulting fees                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | $ | -                  |   | $ | 36,808           | 
|       | Interest on convertible                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                    |   |   |                  | 
|       | promissory notes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | $ | 2,425              |   | $ | -                | 
|       | Interest income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | $ | (13,163            | ) | $ | -                | 
|       | Legal and accounting fees                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | $ | 2,000              |   | $ | -                | 
|       | Provision for accrued interest                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                    |   |   |                  | 
|       | receivable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | $ | 13,163             |   | $ | -                | 
|       | Royalty expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | $ | 6,282              |   | $ | -                | 
|       | Sales                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | $ | -                  |   | $ | -                | 
|       | Wages and benefits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | $ | 40,384             |   | $ | -                | 
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|       | The above noted items were measured by
        the exchange amount which is the amount agreed upon by transacting parties.
      As at August 31, 2003, included in accounts payable
        is $53,203 (February 28, 2003: $69,985) owing to directors and a shareholder
        with respect to unpaid fees and purchases and $191,298 (February 28, 2003:
        $180,000) owing to shareholders in respect of royalties payable.
      As at August 31, 2003, included in convertible promissory
        notes payable is $72,000 (February 28, 2003: $77,000) due to directors.
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|Note 4 | Non-cash Transactions
      Investing and financing activities that do not affect
        cash flows are excluded from the financial statements.
      During the period ended August 31, 2003, the Company
        issued 25,000 common shares valued at $6,250 as consideration for advertising
        and consulting services performed. Also, the Company issued 4,950 common
        shares valued at $4,950 as consideration for acquisition of certain capital
        assets.                                                                                               

---

|Note 5 | Subsequent Events
      Subsequent to August 31, 2003, the Company:
|------ | -------------------------------------------------------------------
|       |                                                                    
|       | a)                                                                 
|       |                                                                    
|       | b)                                                                 

---

MANAGEMENT'S DISCUSSION AND ANAYLSIS OF FINANCIAL CONDITION AND PLAN OF OPERATIONS

The following discussion and analysis should be read in conjunction
  with our Interim Financial Statements and Notes thereto for the three-month
  periods ended August 31, 2003 and August 31, 2002.

Overview of Operations

Sense holds an exclusive 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. The Company manufactures the product in Charlotte,
  NC through an outsourced vendor with extensive experience producing products
  for auto dealerships and OEMs. The Company has established relationships with
  multiple large dealership groups and aftermarket product distributors.

Results of Operations

For the period ended August 31, 2003 as compared to the
  period ended May 31, 2003.

Sales for the period ended August 31, 2003 were $160,150,
  a 30% increase over the period ended May 31, 2003. This increase is due increasing
  volume from the Companys existing customer base.

Direct costs were $108,137, a 30% increase over the period
  ended May 31, 2003. This amount is consistent with the growth in sales. The
  company realized a positive gross margin contribution of $52,013.

General and administrative expenses were $285,990 for the
  period ended August 31, 2003 as compared to $212,709 for the period ended May
  31, 2003. The increase was partially attributable to a rise in wages and benefits
  and insurance cost.



---

Liquidity and Capital Resources

At August 31, 2003, the company had cash and cash equivalents
  on hand of $24,616 compared with $4,976 at May 31, 2003. During the period ended
  August 31, 2003, the company funded operations using existing cash balances,
  cash flow from operations, and by raising money through the issuance of Common
  Stock.

We have not invested in derivative securities or any other
  financial instruments that involve a high level of complexity or risk. We expect
  that in the future, any excess cash will continue to be invested in high credit
  quality, interest bearing- securities.

|SIGNATURES | /s/ James Cotter, President
|---------- | ---------------------------
|           | Sense Technologies, Inc.   

PART II  OTHER INFORMATION

Item 1  Legal Proceedings

None.

Item 2 -Change in Securities

None

Item 3  Defaults Upon Senior Securities

None.

Item 4  Submission of Matters to a Vote of Security Holders

None.

Item 5  Other Information

None.

---

Item 6 - Exhibits and Reports on Form 8-K

|(a) | No Exhibits accompany this report                                          
|--- | ---------------------------------------------------------------------------
|(b) | No reports on form 8-K were filed during the period covered by this report.

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: | October 15, 2003 |  | SENSE TECHNOLOGIES INC.
|----- | ---------------- |  | -----------------------
|      |                  |  | (Registrant)           
|      |                  |  |                        
|      |                  |  | By:                    
|      |                  |  |                        

---