---

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 May 31, 2006

[   ] 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)  |                           

2535 N Carleton Avenue, Grand Island, Nebraska 68803(Address of principal executive offices)

(308) 381-1355Issuer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 [   ]

The number of outstanding shares of the issuers common stock at July 14, 2006 was 42,525,811 shares.

Transitional Small Business Disclosure Format:   YES
  [    ]   NO [X]

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SENSE TECHNOLOGIES INC.

INDEX TO FORM 10QSB

PART I  FINANCIAL INFORMATION

Item 1. Financial Statements

Item 2. Management Discussion and Analysis or Plan of
  Operation

Item 3. Controls and Procedures

PART II  OTHER INFORMATION

Item 6. Exhibits

SIGNATURES

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PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

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SENSE TECHNOLOGIES INC.

INTERIM FINANCIAL STATEMENTS

May 31, 2006

(Stated in U.S. Dollars)

(Unaudited)

---

SENSE TECHNOLOGIES INC.INTERIM BALANCE SHEETS 
  May 31, 2006 and February 28, 2006
  (Stated in U.S. Dollars) 
  (Unaudited)

|                                                                                    |   | May 31,     |   |   | February 28 |  
|----------------------------------------------------------------------------------- | - | ----------- | - | - | ----------- | -
|ASSETS                                                                              |   | 2006        |   |   | 2006        |  
|                                                                                    |   |             |   |   |             |  
|Current                                                                             |   |             |   |   |             |  
|Cash                                                                                | $ | -           |   | $ | 9,220       |  
|Accounts receivable                                                                 |   | 39,400      |   |   | 7,449       |  
|Inventory                                                                           |   | 134,071     |   |   | 130,687     |  
|Deferred financing costs                                                            |   | 1,944       |   |   | -           |  
|Prepaids                                                                            |   | 33,005      |   |   | 17,526      |  
|                                                                                    |   |             |   |   |             |  
|                                                                                    |   | 208,420     |   |   | 164,882     |  
|                                                                                    |   |             |   |   |             |  
|Deposit                                                                             |   | 15,699      |   |   | 15,699      |  
|Equipment                                                                           |   | 52,213      |   |   | 54,899      |  
|Intangible assets                                                                   |   | 163,636     |   |   | 163,636     |  
|                                                                                    |   |             |   |   |             |  
|                                                                                    | $ | 439,968     |   | $ | 399,116     |  
|                                                                                    |   |             |   |   |             |  
|LIABILITIES                                                                         |  
|                                                                                    |   |             |   |   |             |  
|Current                                                                             |   |             |   |   |             |  
|Bank indebtedness                                                                   | $ | 4,166       |   | $ | -           |  
|Accounts payable and accrued
      liabilities  Note 3                             |   | 829,853     |   |   | 810,610     |  
|Note payable                                                                        |   | 50,000      |   |   | -           |  
|Advances payable                                                                    |   | 14,900      |   |   | 30,875      |  
|Dividends payable                                                                   |   | 123,567     |   |   | 114,991     |  
|Convertible promissory
      notes payable                                          |   | 584,447     |   |   | 584,447     |  
|                                                                                    |   |             |   |   |             |  
|                                                                                    |   | 1,606,933   |   |   | 1,540,923   |  
|                                                                                    |   |             |   |   |             |  
|STOCKHOLDERS' DEFICIENCY                                                            |  
|                                                                                    |   |             |   |   |             |  
|Class A preferred shares, without
      par value, redeemable at the option of the  |   |             |   |  
|Company at $1 per share, convertible into common
      stock at $0.29 for each      |   |             |   |  
|preferred share, cumulative dividends
      payable at the annual rate of $0.10 per |   |             |   |  
|share, 20,000,000 shares authorized, 343,050 shares
      issued at May 31, 2006    |   |             |   |  
|(February 28, 2006: 343,050)  Note 2                                               |   | 343,048     |   |   | 343,048     |  
|Common stock, without par value, 100,000,000 shares
      authorized, 42,525,811    |   |             |   |  
|issued at May 31, 2006 (February 28, 2006:
      42,225,811) - Note 2               |   | 11,638,164  |   |   | 11,580,664  |  
|Common stock subscribed                                                             |   | 231,000     |   |   | 76,000      |  
|Promissory note receivable                                                          |   | (585,000    | ) |   | (585,000    | )
|Subscriptions receivable                                                            |   | (864,832    | ) |   | (772,332    | )
|Additional paid-in capital                                                          |   | 62,529      |   |   | 62,529      |  
|Deficit                                                                             |   | (11,991,874 | ) |   | (11,846,716 | )
|                                                                                    |   |             |   |   |             |  
|                                                                                    |   | (1,166,965  | ) |   | (1,141,807  | )
|                                                                                    |   |             |   |   |             |  
|                                                                                    | $ | 439,968     |   | $ | 399,116     |  

SEE ACCOMPANYING NOTES

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SENSE TECHNOLOGIES INC.INTERIM STATEMENTS OF OPERATIONS 
  for the three months ended May 31, 2006 and 2005 
  (Stated in U.S. Dollars) 
  (Unaudited)

|                                                |   | 2006       |   |   | 2005       |  
|----------------------------------------------- | - | ---------- | - | - | ---------- | -
|                                                |   |            |   |   |            |  
|Sales                                           | $ | 59,897     |   | $ | 5,406      |  
|Direct costs  Schedule 1                       |   | 17,352     |   |   | 26,641     |  
|                                                |   |            |   |   |            |  
|                                                |   | 42,545     |   |   | (21,235    | )
|                                                |   |            |   |   |            |  
|Expenses                                        |   |            |   |   |            |  
|Advertising and marketing                       |   | 24,617     |   |   | 32,271     |  
|Amortization                                    |   | 2,686      |   |   | 2,498      |  
|Bad debts                                       |   | -          |   |   | 5,923      |  
|Consulting fees                                 |   | 20,521     |   |   | 5,000      |  
|Contract labour                                 |   | 8,331      |   |   | -          |  
|Filing fees                                     |   | 959        |   |   | 2,647      |  
|Financing fee  Note
      3                    |   | 36,183     |   |   | -          |  
|Insurance                                       |   | 14,391     |   |   | 14,135     |  
|Interest and bank charges                       |   | 5,566      |   |   | 1,358      |  
|Interest on long-term debt                      |   | 13,795     |   |   | 15,015     |  
|Legal, accounting and audit
      fees  Note 3 |   | 22,697     |   |   | 42,914     |  
|Office and miscellaneous                        |   | 6,075      |   |   | 6,875      |  
|Rent                                            |   | 15,826     |   |   | 577        |  
|Shareholder information and printing            |   | 1,458      |   |   | 5,647      |  
|Telephone and utilities                         |   | 1,233      |   |   | 211        |  
|Travel and automotive                           |   | 4,789      |   |   | 4,436      |  
|                                                |   |            |   |   |            |  
|                                                |   | 179,127    |   |   | 139,507    |  
|                                                |   |            |   |   |            |  
|Net loss for the period                         | $ | (136,582   | ) | $ | (160,742   | )
|                                                |   |            |   |   |            |  
|Basic and diluted loss per share                | $ | (0.00      | ) | $ | (0.01      | )
|                                                |   |            |   |   |            |  
|Weighted average number of shares outstanding   |   | 42,477,441 |   |   | 18,620,919 |  

SEE ACCOMPANYING NOTES

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SENSE TECHNOLOGIES INC.INTERIM STATEMENTS OF CASH FLOWS 
  for the three months ended May 31, 2006 and 2005
  (Stated in U.S. Dollars)
  (Unaudited)

|                                                                          |   | 2006     |   |   | 2005     |  
|------------------------------------------------------------------------- | - | -------- | - | - | -------- | -
|                                                                          |   |          |   |   |          |  
|Operating Activities                                                      |   |          |   |   |          |  
|Net loss for the period                                                   | $ | (136,582 | ) | $ | (160,742 | )
|Add items not involving cash:                                             |   |          |   |   |          |  
|Common
      shares issued for advertising and consulting services        |   | -        |   |   | 5,000    |  
|Financing fees                                                            |   | 4,306    |   |   | -        |  
|Amortization                                                              |   | 2,686    |   |   | 2,498    |  
|Changes in non-cash working capital balances
      related to operations: |   |          |   |   |          |  
|Accounts
      receivable                                                 |   | (31,951  | ) |   | 17,417   |  
|Inventory                                                                 |   | (3,384   | ) |   | (9,956   | )
|Prepaids                                                                  |   | (15,479  | ) |   | (17,743  | )
|Accounts payable and
      accrued liabilities                            |   | 19,243   |   |   | 5,226    |  
|Advances
      payable                                                    |   | (15,975  | ) |   | 39,550   |  
|Dividends payable                                                         |   | 8,576    |   |   | 13,713   |  
|License
      fees payable                                                |   | -        |   |   | (18,750  | )
|                                                                          |   |          |   |   |          |  
|Cash used in operating activities                                         |   | (168,560 | ) |   | (123,787 | )
|                                                                          |   |          |   |   |          |  
|Financing Activities                                                      |   |          |   |   |          |  
|Bank indebtedness                                                         |   | 4,166    |   |   | 5,781    |  
|Proceeds from issuance
      of common stock                              |   | 10,000   |   |   | 10,000   |  
|Dividends                                                                 |   | (8,576   | ) |   | (13,713  | )
|Note payable                                                              |   | 43,750   |   |   | (9,594   | )
|Proceeds from common share subscriptions                                  |   | 110,000  |   |   | -        |  
|                                                                          |   |          |   |   |          |  
|Cash provided by (used in) financing activities                           |   | 159,340  |   |   | (7,526   | )
|                                                                          |   |          |   |   |          |  
|Decrease in cash during the period                                        |   | (9,220   | ) |   | (131,313 | )
|                                                                          |   |          |   |   |          |  
|Cash, beginning of period                                                 |   | 9,220    |   |   | 131,313  |  
|                                                                          |   |          |   |   |          |  
|Cash, end of period                                                       | $ | -        |   | $ | -        |  
|                                                                          |   |          |   |   |          |  
|Non-cash Transactions  Note 4                                            |   |          |   |   |          |  

SEE ACCOMPANYING NOTES

---

SENSETECHNOLOGIESINC.STATEMENT OF STOCKHOLDERS DEFICIENCY 
  for the period ended May 31, 2006
  (Stated in US Dollars)
  (Unaudited )

|                                     |            |            | Common Stock |  |            | Preferred Stock |   |           |            |   |           | Promissory |   |        | Common  |  |          |            |  |         |            |   |          |               |  
|------------------------------------ | ---------- | ---------- | ------------ |  | ---------- | --------------- | - | --------- | ---------- | - | --------- | ---------- | - | ------ | ------- |  | -------- | ---------- |  | ------- | ---------- | - | -------- | ------------- | -
|                                     |            |            | Issued       |  |            |                 |   |           | Issued     |   |           |            |   |        | Paid-in |  |          | Note       |  |         | Stock      |   |          | Subscriptions |  
|                                     |            |            | Shares       |  |            | Amount          |   |           | Shares     |   |           | Amount     |   |        | Capital |  |          | Receivable |  |         | Subscribed |   |          | Receivable    |  
|                                     |            |            |              |  |            |                 |   |           |            |   |           |            |   |        |         |  |          |            |  |         |            |   |          |               |  
|Balance, February 28, 2005           |            | 22,875,158 |              |  | 8,228,246  |                 |   | 1,593,027 |            |   | 1,593,025 |            |   | 62,529 |         |  | (585,000 | )          |  | 232,200 |            |   | -        |               |  
|Pursuant to agreements to convert    |            |            |              |  |            |                 |   |           |            |   |           |            |   |        |         |  |          |            |  |         |            |   |          |               |  
|preferred shares into common         |            |            |              |  |            |                 |   |           |            |   |           |            |   |        |         |  |          |            |  |         |            |   |          |               |  
|shares                               | - at $0.29 |            | 4,310,085    |  |            | 1,249,977       |   |           | (1,249,977 | ) |           | (1,249,977 | ) |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|Pursuant to the conversion of        |            |            |              |  |            |                 |   |           |            |   |           |            |   |        |         |  |          |            |  |         |            |   |          |               |  
|preferred share dividends            | - at $0.13 |            | 1,184,767    |  |            | 154,021         |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|Pursuant to the exercise of warrants |            |            |              |  |            |                 |   |           |            |   |           |            |   |        |         |  |          |            |  |         |            |   |          |               |  
|                                     | - at $0.15 |            | 3,710,000    |  |            | 556,500         |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | (7,500        | )
|Pursuant to an agreement to issue    |            |            |              |  |            |                 |   |           |            |   |           |            |   |        |         |  |          |            |  |         |            |   |          |               |  
|shares for a loan fee                | - at $0.05 |            | 80,000       |  |            | 4,000           |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|Pursuant to consulting services      |            |            |              |  |            |                 |   |           |            |   |           |            |   |        |         |  |          |            |  |         |            |   |          |               |  
|                                     | - at $0.20 |            | 25,000       |  |            | 5,000           |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|                                     | - at $0.33 |            | 500,000      |  |            | 165,000         |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|Pursuant to legal services           | - at $0.20 |            | 50,000       |  |            | 10,000          |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|Pursuant to a private placement      |            |            |              |  |            |                 |   |           |            |   |           |            |   |        |         |  |          |            |  |         |            |   |          |               |  
|                                     | - at $0.05 |            | 5,304,000    |  |            | 265,200         |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | (211,200   | ) |          | (30,000       | )
|Less: issue costs                    |            |            | -            |  |            | (7,112          | ) |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|                                     | - at $0.15 |            | 200,001      |  |            | 30,000          |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|                                     | - at $0.20 |            | 925,000      |  |            | 185,000         |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|                                     | -at $0.24  |            | 3,061,800    |  |            | 734,832         |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | (734,832      | )
|Dividends                            |            |            | -            |  |            | -               |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|Common share subscriptions           |            | -          |              |  | -          |                 |   | -         |            |   | -         |            |   | -      |         |  | -        |            |  | 55,000  |            |   | -        |               |  
|Net loss for the year                |            |            | -            |  |            | -               |   |           | -          |   |           | -          |   |        | -       |  |          | -          |  |         | -          |   |          | -             |  
|                                     |            |            |              |  |            |                 |   |           |            |   |           |            |   |        |         |  |          |            |  |         |            |   |          |               |  
|Balance, February 28, 2006           |            | 42,225,811 |              |  | 11,580,664 |                 |   | 343,050   |            |   | 343,048   |            |   | 62,529 |         |  | (585,000 | )          |  | 76,000  |            |   | (772,332 | )             |  

/contd

SEE ACCOMPANYING NOTES

---

Continued

SENSETECHNOLOGIESINC.STATEMENT OF STOCKHOLDERS DEFICIENCY
  for the period ended May 31, 2006 
  (Stated in US Dollars)
  (Unaudited )

|                                     |            | Common Stock |         |   | Preferred Stock |        |  |         |   |   | Promissory |   |   | Common  |   |   |            |   |   |            |         |   |               |  
|------------------------------------ | ---------- | ------------ | ------- | - | --------------- | ------ |  | ------- | - | - | ---------- | - | - | ------- | - | - | ---------- | - | - | ---------- | ------- | - | ------------- | -
|                                     |            | Issued       |         |   |                 |        |  | Issued  |   |   |            |   |   | Paid-in |   |   | Note       |   |   | Stock      |         |   | Subscriptions |  
|                                     |            | Shares       |         |   | Amount          |        |  | Shares  |   |   | Amount     |   |   | Capital |   |   | Receivable |   |   | Subscribed |         |   | Receivable    |  
|                                     |            |              |         |   |                 |        |  |         |   |   |            |   |   |         |   |   |            |   |   |            |         |   |               |  
|Balance, February 28, 2006           |            | 42,225,811   |         |   | 11,580,664      |        |  | 343,050 |   |   | 343,048    |   |   | 62,529  |   |   | (585,000   | ) |   | 76,000     |         |   | (772,332      | )
|Pursuant to a private placement      |            |              |         |   |                 |        |  |         |   |   |            |   |   |         |   |   |            |   |   |            |         |   |               |  
|                                     | - at $0.20 |              | 250,000 |   |                 | 50,000 |  |         | - |   |            | - |   |         | - |   |            | - |   |            | (40,000 | ) |               | -
|Pursuant to the exercise of warrants |            |              |         |   |                 |        |  |         |   |   |            |   |   |         |   |   |            |   |   |            |         |   |               |  
|                                     | - at $0.15 |              | 50,000  |   |                 | 7,500  |  |         | - |   |            | - |   |         | - |   |            | - |   |            | (7,500  | ) |               | -
|Common share subscriptions           |            | -            |         |   | -               |        |  | -       |   |   | -          |   |   | -       |   |   | -          |   |   | 202,500    |         |   | (92,500       | )
|Dividends                            |            | -            |         |   | -               |        |  | -       |   |   | -          |   |   | -       |   |   | -          |   |   | -          |         |   | -             |  
|Net loss for the period              |            | -            |         |   | -               |        |  | -       |   |   | -          |   |   | -       |   |   | -          |   |   | -          |         |   | -             |  
|                                     |            |              |         |   |                 |        |  |         |   |   |            |   |   |         |   |   |            |   |   |            |         |   |               |  
|Balance, May 31, 2006                |            | 42,525,811   |         | $ | 11,638,164      |        |  | 343,050 |   | $ | 343,048    |   | $ | 62,529  |   | $ | (585,000   | ) | $ | 231,000    |         | $ | (864,832      | )

SEE ACCOMPANYING NOTES

---

Schedule 1

SENSE TECHNOLOGIES INC. 
  SCHEDULE OF DIRECT COSTS
  for the three months ended May 31, 2006 and 2005 
  (Stated in U.S. Dollars)
  (Unaudited)

|                         |   | 2006   |  |   | 2005   | 
|------------------------ | - | ------ |  | - | ------ | 
|                         |   |        |  |   |        | 
|Direct costs             |   |        |  |   |        | 
|Commissions              | $ | 5,000  |  | $ | -      | 
|Cost of sales            |   | 9,515  |  |   | 1,904  | 
|Research and development |   | 2,837  |  |   | 24,738 | 
|                         |   |        |  |   |        | 
|                         | $ | 17,352 |  | $ | 26,641 | 

SEE ACCOMPANYING NOTES

---

SENSE TECHNOLOGIES INC.NOTES TO THE INTERIM FINANCIAL STATEMENTS 
  May 31, 2006
  (Stated in U.S. Dollars)
  (Unaudited)

|Note 1 | Interim Reporting                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|       | While the information presented in the accompanying
        three months to May 31, 2006 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, 2006.
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|       | Operating results for the three months ended
        May 31, 2006 are not necessarily indicative of the results that can be
        expected for the year ending February 28, 2007.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|Note 2 | Common Stock                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|       | a)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|       | b)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

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Sense Technologies Inc. 
  Notes to the Interim Financial Statements 
  May 31, 2006
  (Stated in U.S. Dollars)  Page 2 
  (Unaudited)

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

| |                                       |  | May 31, 2006 |   |          | May 31, 2005 | 
| | ------------------------------------- |  | ------------ | - | -------- | ------------ | 
| |                                       |  |              |   | Weighted |              | 
| |                                       |  |              |   | Average  |              | 
| |                                       |  |              |   | Exercise |              | 
| |                                       |  | Shares       |   | Price    |              | 
| | Outstanding and exercisable at        |  |              |   |          |              | 
| | beginning of period                   |  | 350,000      |   | $1.12    |              | 
| | Expired                               |  | (25,000      | ) | $1.03    |              | 
| |                                       |  |              |   |          |              | 
| | Outstanding and exercisable at end of |  |              |   |          |              | 
| | the period                            |  | 325,000      |   | $1.12    |              | 

At May 31, 2006, 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:

| | Number  |  | Exercise Price |  | Expiry Date       
| | ------- |  | -------------- |  | ------------------
| |         |  |                |  |                   
| | 50,000  |  | $2.30          |  | January 10, 2007  
| | 100,000 |  | $0.75          |  | September 26, 2007
| | 150,000 |  | $1.00          |  | February 1, 2008  
| | 25,000  |  | $1.00          |  | March 14, 2008    
| |         |  |                |  |                   
| | 325,000 |  |                |  |                   

Common Share Purchase Warrants

At May 31, 2006, the Company had 7,250,000
  share purchase warrants outstanding. Each warrant entitles the holder the right
  to purchase one common as follows:

| | Number    |  | Exercise Price |  | Expiry Date     
| | --------- |  | -------------- |  | ----------------
| |           |  |                |  |                 
| | 3,750,000 |  | $0.15          |  | July 24, 2006   
| | 3,500,000 |  | $0.15          |  | November 4, 2006
| | 7,250,000 |  |                |  |                 

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Sense Technologies Inc. 
  Notes to the Interim Financial Statements 
  May 31, 2006
  (Stated in U.S. Dollars)  Page 3
  (Unaudited)

|Note 2 | Common Stock (contd)                                                                                               
|------ | ---------------------------------------------------------------------------------------------------------------------
|       |                                                                                                                      
|       | b)                                                                                                                   
|       |                                                                                                                      
|       |                                                                                                                      
|       |                                                                                                                      
|       |                                                                                                                      
|       |                                                                                                                      
|Note 3 | Related Party Transactions                                                                                           
|       |                                                                                                                      
|       | The Company incurred the following items with
        directors and companies with common directors and shareholders:

| |                 |   | Three months ended | 
| | --------------- | - | ------------------ | 
| |                 |   | May 31,            | 
| |                 |   | 2006               | 
| |                 |   |                    | 
| | Accounting fees | $ | 7,635              | 
| | Financing fee   | $ | 36,183             | 
| | Royalty expense | $ | -                  | 

|       | The above noted items were measured by the
        exchange amount which is the amount agreed upon by the transacting parties.                                                                                                                                                                                                                                                                                                                                                                               
|------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|       | As at May 31, 2006, included in accounts payable
        is $14,533 (February 28, 2006: $5,413) owing to an accounting firm in
        which a director of the Company is a partner and a shareholder with respect
        to unpaid fees and expenses, $480,000 (February 28, 2006: $480,000) owing
        to shareholders of the Company in respect of royalties payable and $50,992
        (February 28, 2006: $50,992) owing to the former president of the Company
        in respect of unpaid wages.
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|Note 4 | Non-cash Transactions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|       | Investing and financing activities that do
        not have a direct impact on current cash flows are excluded from the statement
        of cash flows. The following transaction was excluded from the statements
        of cash flows:                                                                                                                                                                                                                                                                   
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|       | During the period ended May 31, 2005, the
        Company:                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|       | i)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

---

Sense Technologies Inc. 
  Notes to the Interim Financial Statements 
  May 31, 2006
  (Stated in U.S. Dollars)  Page 4
  (Unaudited)

|Note 5 | Concentration of Credit Risk                                                                                                                                             
|------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|       |                                                                                                                                                                          
|       | For the three months ended May 31, 2006, one customer
        accounted for 65% of the Companys sales revenue.                                                          
|       |                                                                                                                                                                          
|Note 6 | Comparative Figures                                                                                                                                                      
|       |                                                                                                                                                                          
|       | Certain of the comparative figures for the three months
        ended May 31, 2005 have been reclassified to conform with the presentation
        in the current period.

---

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 May 31, 2006 and May 31, 2005.

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 May 31, 2006 as compared to the period ended May 31, 2005.

Sales for the period ended May 31, 2006 were $59,897 as compared to $5,406 for the period ended May 31, 2005, which represents a 1007.97% increase.  While the Company has been concentrating on producing its next-generation Guardian
Alert® and product launch of the ScopeOut® product, small sales have been occurring.

Direct costs for the period ended May 31, 2006 were $17,352 as compared to $26,641 for the period ended May 31, 2005, which represents a 34.86% decrease. The Company realized a positive gross margin contribution of $42,545 for the period
ended May 31, 2006.

General and administrative expenses were $179,127 for the period ended May 31, 2006 as compared to $139,507 for the period ended May 31, 2005. The increase was partially attributable to an increase in costs necessary in launching the
ScopeOut® products.

Liquidity and Capital Resources

At May 31, 2006 and 2005, the Company had cash and cash equivalents on hand of $0. During the period ended May 31, 2006, the Company funded operations using existing cash balances, cash flow from operations, and by raising money through the
issuance of Common Stock.

At May 31, 2006, we had a working capital deficit of $1,398,513 compared to a working capital deficit of $1,002,767 at May 31, 2005. The increase of the working capital deficit is largely due to the write off of Guardian alert ®
inventory products and components as required by the Companys auditors.

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

The Companys management, with the participation of the
Companys Chief Executive Officer, who is also acting in the capacity as
principal accounting officer, has evaluated the effectiveness of the Companys
disclosure controls and procedures as of May 31, 2006. Based on this evaluation,
the Companys Chief Executive Officer concluded that the Companys disclosure
controls and procedures are effective for gathering, analyzing and disclosing
the information the Company is required to disclose in the reports it files
under the Securities Exchange Act of 1934, within the time periods specified in
the SECs rules and forms. Such evaluation did not identify any change in the
Companys internal control over financial reporting that occurred during the
quarter ended May 31, 2006 that has materially affected or is reasonably likely
to materially affect the Companys internal control over financial
reporting.

PART II- OTHER INFORMATION

Item 6. Exhibits

| | Exhibit 31.1  Certification
| | ----------------------------
| |                             
| | Exhibit 32.1  Certification

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: July 20, 2006 | SENSE TECHNOLOGIES INC.
|------------------- | -----------------------
|                    | (Registrant)           
|                    |                        
|                    | By:                    
|                    |                        

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