UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC  20549

                                   FORM 10-QSB

(Mark  One)

[X]     QUARTERLY  REPORT  PURSUANT  TO  SECTION  13  OR 15(D) OF THE SECURITIES
        EXCHANGE ACT  OF  1934

     For the quarterly period ended:     September  30,  1999

[  ]    TRANSITION  REPORT  PURSUANT  TO  SECTION 13 OR 15(D) OF THE SECURITIES
        EXCHANGE ACT  OF  1934

     For  the  transition  period  from   to

     Commission  File  Number:  000-27097

                               GLOBALNETCARE, INC.
                               -------------------
             (Exact name of registrant as specified in its charter)
FLORIDA                                         (Pending)
-------                                         --------
(State or other jurisdiction           (I.R.S. Employer
of incorporation or organization)      Identification No.)

Suite  950  -  2000  McGill  College,  Montreal,  Quebec,  Canada
-----------------------------------------------------------------
H3A  3A3
--------
(Address  of  principal  executive  offices)
(Zip  Code)

                                 (877) 288 4909
                                 --------------
              (Registrant's telephone number, including area code)

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

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

     As  of  November 30, 1999, there were 13,858,129 shares of the Registrant's
Common  Shares  issued  and  outstanding.

Transitional  Small  Business  Disclosure  Format (check one):  Yes [  ]  No [X]

<PAGE>
PART  I          FINANCIAL INFORMATION

ITEM  1:          Financial  Statements



                                   DISCLOSURE

TO:     THE SHAREHOLDERS OF
        GLOBALNETCARE, INC.

It  is  the  opinion  of  management that the interim financial statements ended
September  30,  1999,  include  all  adjustments  necessary in order to make the
financial  statements  not  misleading.



Montreal,  Quebec                               /s/ Nick Pedafronimos
--------------------                            --------------------------
December 2, 1999                                Director of the Company

<PAGE>

                               GLOBALNETCARE, INC.
                                MONTREAL, QUEBEC

                           QUARTERLY FINANCIAL REPORT
                           --------------------------
                       (CONSOLIDATED FINANCIAL STATEMENTS)
                          (UNAUDITED - SEE DISCLOSURE)
                            AS AT SEPTEMBER 30, 1999
                (WITH COMPARATIVE FIGURES FOR SEPTEMBER 30, 1998)

<PAGE>


                               TABLE  OF  CONTENTS
                               -------------------



                                               PAGE
                                               ----


DISCLOSURE                                       1

BALANCE  SHEET                                   2

STATEMENT  OF  OPERATIONS  AND  DEFICIT          3

STATEMENT  OF  CHANGES  IN  FINANCIAL  POSITION  4

NOTES  TO  THE  FINANCIAL  STATEMENTS      5  -  7

<PAGE>


<TABLE>
<CAPTION>


                                   GLOBALNETCARE, INC.

                                      BALANCE SHEET
                                      -------------
                              (UNAUDITED - SEE DISCLOSURE)
                                AS AT SEPTEMBER 30, 1999
                    (WITH COMPARATIVE FIGURES FOR SEPTEMBER 30, 1998)



ASSETS
--------------------------------------------------------------

                                                                 SEPTEMBER    SEPTEMBER
                                                                   1999         1998
                                                                -----------  -----------
<S>                                                             <C>          <C>
CURRENT ASSETS
    Cash . . . . . . . . . . . . . . . . . . . . . . . . . . .  $   29,528   $        -
    Sales Taxes Receivable . . . . . . . . . . . . . . . . . .      53,885            -
    Prepaid Rent . . . . . . . . . . . . . . . . . . . . . . .           -            -
    Deposit on Computer Equipment. . . . . . . . . . . . . . .         263            -
                                                                -----------  -----------

                                                                    83,676            -
                                                                -----------  -----------

CAPITAL ASSETS, At Cost Less Accumulated Amortization (Note 3)     166,688            -
                                                                -----------  -----------

                                                                $  250,364   $        -
                                                                ===========  ===========



LIABILITIES AND SHAREHOLDERS' EQUITY
--------------------------------------------------------------

CURRENT LIABILITIES
    Accounts Payable . . . . . . . . . . . . . . . . . . . . .  $  104,161   $    2,332
                                                                -----------  -----------

ADVANCES FROM A DIRECTOR, Without Interest . . . . . . . . . .     242,554            -
                                                                -----------  -----------

SHAREHOLDERS' EQUITY
    Capital Stock (Note 4) . . . . . . . . . . . . . . . . . .     864,507        1,000
    Accumulated Foreign Currency Translation Adjustment. . . .      19,197            -
    Deficit. . . . . . . . . . . . . . . . . . . . . . . . . .    (980,055)      (3,332)
                                                                -----------  -----------

                                                                   (96,351)      (2,332)
                                                                -----------  -----------

</TABLE>

<PAGE>

<TABLE>
<CAPTION>


                               GLOBALNETCARE, INC

                       STATEMENT OF OPERATIONS AND DEFICIT
                       -----------------------------------
                          (UNAUDITED - SEE DISCLOSURE)
                FOR THE NINE (9) MONTHS ENDED SEPTEMBER 30, 1999
                (WITH COMPARATIVE FIGURES FOR SEPTEMBER 30, 1998)



                                     (9 MONTHS)      (9 MONTHS)
                                     SEPTEMBER 1999  SEPTEMBER 1998
                                     --------------  ---------------
<S>                                       <C>               <C>
INTEREST INCOME. . . . . . . . . . . . .  $           608   $    -
                                          ----------------  ------

OPERATING EXPENSES
    Commissions, Contracts, and Wages. .          615,088    2,332
    Rent and Parking . . . . . . . . . .           77,972        -
    Communications . . . . . . . . . . .           29,951        -
    Professional Fees. . . . . . . . . .           70,001        -
    Registration Fees. . . . . . . . . .            1,374        -
    Advertising and Promotion. . . . . .           26,268        -
    Office Expenses. . . . . . . . . . .           22,652        -
    Maintenance and Repairs. . . . . . .              733        -
    Subscriptions and Memberships. . . .            3,275        -
    Travel Expenses. . . . . . . . . . .           28,796        -
    Taxes and Licenses . . . . . . . . .           12,555        -
    Amortization . . . . . . . . . . . .           27,741        -
                                          ----------------  ------

                                                  916,406    2,332
FINANCIAL EXPENSES
    Interest and Bank Charges. . . . . .            1,792        -
                                          ----------------  ------

                                                  918,198    2,332
                                          ----------------  ------

NET INCOME (LOSS). . . . . . . . . . . .         (917,590)   2,332

INCOME (DEFICIT), Beginning of the Year.          (62,465)   1,000
                                          ----------------  ------

INCOME (DEFICIT), End of the Year. . . .  $      (980,055)  $3,332
                                          ================  ======
</TABLE>

<PAGE>

<TABLE>
<CAPTION>


                               GLOBALNETCARE, INC.

                             STATEMENT OF CASH FLOWS
                             -----------------------
                            (UNAUDITED -- DISCLOSURE)
                FOR THE NINE (9) MONTHS ENDED SEPTEMBER 30, 1999
                (WITH COMPARATIVE FIGURES FOR SEPTEMBER 30, 1998)



                                 (9 MONTHS)       (9 MONTHS)
                                           SEPTEMBER 1999    SEPTEMBER 1998
                            ------------------------------------
<S>                                   <C>         <C>
CASH FROM OPERATING ACTIVITIES
Net Income (Loss)                     $(986,879)  $(2,332)
Add:  Amortization                      40,959       -
                                      ----------  --------

                                      (945,920)   (2,332)

Net Change In Non-Cash Items           290,235     2,332
                                      ----------  --------

                                      (655,685)      -
                                      ----------  --------

CASH FROM INVESTING ACTIVITIES
Purchase of Equipment and Furniture   (197,491)      -
                                      ----------  --------

CASH FROM FINANCING ACTIVITIES
Issuance of Capital                    863,507       -
Accumulated Foreign Currency            19,197       -
                                      ----------  --------

                                       882,704       -
                                      ----------  --------


INCREASE (DECREASE) IN CASH             29,528       -

CASH, Beginning of the Period             -          -
                                      ----------  --------

CASH, End of the Period                $29,528       $-
                                      ==========  ========
</TABLE>

<PAGE>

                               GLOBALNETCARE, INC.

                        NOTES TO THE FINANCIAL STATEMENTS
                        ---------------------------------
                          (UNAUDITED - SEE DISCLOSURE)
                FOR THE NINE (9) MONTHS ENDED SEPTEMBER 30, 1999
                (WITH COMPARATIVE FIGURES FOR SEPTEMBER 30, 1998)



1.     HISTORY  AND  ORGANIZATION
       --------------------------

     The  Company was organized on October 30, 1980, under the laws of the State
of  Florida  as  C.N.W. Corp.  On February 1, 1981, the Corporation issued 1,000
shares  of  its  $1  par  value  common  stock  for  services  of  $1,000.

On  July 21, 1998, the State of Florida approved the Company's restated Articles
of Incorporation, which increased its capitalization from 1,000 common shares to
50,000,000  common  shares.  The  par  value  was  changed  from  $1  to $0.001.

On  July 21, 1998, the Company changed its name to C.N.W. of Orlando Inc. and on
December  28,  1998,  changed  to  GlobalNetCare,  Inc.


2.     ACCOUNTING  POLICIES
       --------------------

     CONSOLIDATION
     -------------

     The  consolidated  financial statements include the accounts of the company
and its wholly-owned subsidiary, 3423336 Canada Ltd.  All inter-company balances
and  transactions  have  been  eliminated  on  consolidation.

     TRANSLATION  OF  FOREIGN  CURRENCIES
     ------------------------------------

     The  components of the consolidated statements of operations related to its
foreign  subsidiary are translated to US dollars using average currency exchange
rates  in  effect during the period and assets and liabilities are translated at
the  exchange  rates  in  effect at the end of the accounting period.  Gains and
losses  on translation are included in net income, except for the exchange gains
or  losses  related  to  investments  in  self-sustaining  foreign  operations.
Translation  adjustments on self-sustaining foreign operations are included in a
separate  component  of  the  shareholders'  equity.

DIVIDENDS
---------

The  Company  has not yet adopted any policy regarding payment of dividends.  No
dividends  have  been  paid  since  inception.

<PAGE>


                               GLOBALNETCARE, INC.

                        NOTES TO THE FINANCIAL STATEMENTS
                        ---------------------------------
                          (UNAUDITED - SEE DISCLOSURE)
                FOR THE NINE (9) MONTHS ENDED SEPTEMBER 30, 1999
                (WITH COMPARATIVE FIGURES FOR SEPTEMBER 30, 1998)


<TABLE>
<CAPTION>


3.     CAPITAL  ASSETS
       ---------------


                                         ACCUMULATED    1999 NET
                             COST        AMORTIZATION   BOOK VALUE
                           ------------- ------------   -----------
<S>                        <C>            <C>          <C>
  Furniture and Equipment  $      31,119  $     4,782  $ 26,337
  Computer Equipment. . .        130,852       20,569   110,283
  Computer Software . . .         35,520        5,452    30,068
                           -------------  -----------  --------

                           $     197,491  $    30,803  $166,688
                           =============  ===========  ========
</TABLE>


<TABLE>
<CAPTION>


4.     CAPITAL  STOCK
       --------------


                                                 NUMBER OF         STATE VALUE
                                              SHARES (IN U.S.)  (IN U.S. DOLLARS)
                                              ----------------  -----------------
<S>                                           <C>               <C>  <C>     <C>
                           Beginning Balance         1,000,000   @    0.01    1,000
        Nov 5        Private Placement #1. .        11,750,000   @    0.01  117,500
        Dec 23       Private Placement #2. .           350,000   @    0.60  210,000
        Mar 24       Private Placement #3. .            82,087   @  0.2875  236,000
        June 4        Private Placement #4 .           115,384   @    2.60  300,000
    Capital Stock of 3423336 Cda Inc.. . . .                 -                    7
                                              ----------------  -----------------
                                                    13,297,471              864,507
                                              ================     =================
</TABLE>


<PAGE>


                               GLOBALNETCARE, INC.

                        NOTES TO THE FINANCIAL STATEMENTS
                        ---------------------------------
                          (UNAUDITED - SEE DISCLOSURE)
                FOR THE NINE (9) MONTHS ENDED SEPTEMBER 30, 1999
                (WITH COMPARATIVE FIGURES FOR SEPTEMBER 30, 1998)


The  Company granted 920,000 employee stock options.  The valuation date is July
28,  1999, and the option price per share is $2.00, which is above market value.

The  Company  has  adopted  the fair market value of accounting for the employee
stock  options.  This  method  requires  the  Company  to record and recognize a
compensation  expense  in the financial statements for any stock options granted
below the quoted market price.  It is the intention of the Company to only grant
employee  stock  options  at  market  value  or  higher.


<PAGE>

ITEM  2:          Management's  Discussion  or  Plan  of  Operation

GlobalNetCare  continues to develop its unique Medical Expert System in order to
become  an important player in e-Health information market.  The recent addition
of  the  Women's  Health  and  Nutrition  Virtual Medical Centers makes for five
current  operational  Virtual  Medical  Centers.  The  other  three  operational
virtual  medical  centers include Hypertension, Breast Disease and Osteoporosis.
The  Company  has  recently  completed  two  additional Virtual Medical Centers,
Smoking  and Health and Beauty, and expects to have those two additional Virtual
Medical  Centers  online  by  the  end  of  1999.

The  Company  continues  to develop its Doctor Directory.  Each doctor listed in
the  Doctor  Directory  receives  a  webpage,  link  or  lead  service and other
membership  services  on  a  month  by month basis.  The Doctor Directory in now
operational  with  over  60  doctors,  located  worldwide,  listed in the Doctor
Directory.

The Company has several physicians (general practitioners) who will go online to
answer  short  questions posed by GlobalNetCare.com's members.  These physicians
will  refer  users  to  specialists where appropriate.  The Company expects that
this  service  will become operational by the end of 1999, although there can be
no  assurance  that this service will become operational as scheduled or at all.

The  GlobalNetCare  Pharmacy (med-store) is still under development and, pending
successful  negotiations  through  a  strategic alliance, is scheduled to become
operational  in  the  first  quarter of 2000, although there can be no assurance
that  this  service will become operational as scheduled or at all.  The Company
is also in the process of forming certain alliances with pharmaceutical, medical
and  technical  supply  companies  and  anticipates  that  it will also generate
revenue  within  the  Pharmacy  by  selling  banner advertising, through product
sponsorship  agreements,  and  by  taking  commission  on pharmacy products sold
on-line  through  the  online  Pharmacy.

The  Company  intends  to  implement  a Scientific Advisory Committee, a Medical
Policy  Committee  and  an  Ethics Committee.  The Scientific Advisory Committee
will  consist  of  highly  qualified and well respected medical doctors who will
represent  each  of  the Virtual Medical Centers and the teleconference project.
The members of this committee will advise the Board of Directors on the progress
and  future  plans of the Virtual Medical Centers and consult with other doctors
and surgeons with future projects.  The Medical Policy Committee will review the
information  in  each of the Virtual Medical Centers.  The Ethics Committee will
set  the  policies  and  ethical  guidelines  for the information in the Virtual
Medical Centers, the teleconference project and the Doctor Consultations.  These
three  committees have not been created yet but the Company anticipates creating
these  committees  by  the  end  of  December,  1999,  although  there can be no
assurance  that  these  committees  will  be established as scheduled or at all.

The  Company  also  intends  to implement a video teleconferencing project and a
distance  based training project.  The teleconference project is a project where
a  team  of  medical  specialists  will  operate a video teleconference over the
Internet  for  the  purpose  of  providing  specialized  diagnosis and treatment
services  in  connection  with  various medical and health issues.  The distance
based  training project is a project geared to train healthcare professionals on
innovative  and  traditional diagnostic and therapeutic techniques initially for
breast  disease and then for other medical issues.  The training will consist of
online  discussions,  text,  and  question  and  answer  sections.  The  Company
continues  to  anticipate that both of these projects will be operational by the
end  of  the  2000,  although  there  can  be  no assurance that either of these
services  will  become  operational  as  schedule  or  at  all.

To  date, the Company has not hired the sales and marketing managers or expended
any  money  on  advertising  as  anticipated in the Company's Form 10-SB for the
fiscal  period  ending  December  31,  1998.

The  Company's  cash  requirements  for the 12 months ending August 31, 2000 are
estimated  at  $6,180,000.  The  budgeted  expenditures of $6,180,000 consist of
$1,400,000  for  print  advertising, $650,000 for Internet advertising, $280,000
for  promotions,  $700,000  for hardware, software and facilities, $2,150,000 on
employee salaries, contract salaries and consulting fees and $1,000,000 for fees
in  connection  with  doctor consultations.  The cash requirements of $6,180,000
are  based  on  the  Company's  estimates for operational costs in the 12 months
ended  August  31,  2000.  At  the present time, the Company intends to meet all
cash  requirements  by  conducting  private  placements  of  its  common shares.

The  Company is planning to sell banner advertising on all parts of its website.
There  will  be  several  banner  advertisements  on  many  pages of the website
including  both  large  and  small banner ads.  To date, the Company has not yet
sold  any  banner  advertising  for use on its website and there is no assurance
that  the  Company will be able to generate any or significant revenues from the
sale  of  such  banner  advertising.

<PAGE>

The  Company  expects  to spend approximately $200,000 between September 1, 1999
and August 31, 2000 for hardware, software and facilities.  The Company does not
expect  the  purchase  or  sale  of  plant  or  significant  equipment except as
mentioned  above  and  does  not  expect  significant  changes  in the number of
employees.

Much  of  the information included in this Form 10-QSB includes or is based upon
estimates,  projections  or  other  "forward-looking  statements".  While  these
forward-looking  statements,  and any assumptions upon which they are based, are
made  in  good  faith  and  reflect the Company's current judgment regarding the
direction  of  its  business,  actual results will almost always vary, sometimes
materially,  from any estimates, predictions, projections, assumptions, or other
future  performance  suggested  herein.  The Company undertakes no obligation to
update  forward-looking  statements to reflect events or circumstances occurring
after  the  date  of  such  statements.

Such  estimates,  projections  or  other  "forward-looking  statements"  involve
various  risks and uncertainties, some of which are outlined below.  The Company
cautions  the readers that important factors in some cases have affected and, in
the  future,  could materially affect actual results and cause actual results to
differ  materially from the results expressed in any such estimates, projections
or  other  "forward-looking  statements".  Readers should carefully consider the
following  factors,  as  well as the risk factors outlined in the Company's Form
10-SB  for the fiscal period ended December 31, 1998, in evaluating the Company,
its  business  and  any investment in the Company.  A copy of the Company's Form
10-SB can be obtained from the Securities and Exchange Commission (the "SEC") at
the  SEC's  Public  Reference  Room  at 450 Fifth Street, N.W., Washington, D.C.
20549 or on the SEC's Internet website (http://www.sec.gov).  Information on the
operation  of  the  Public  Reference Room may be obtained by calling the SEC at
1-800-SEC-0330.

Such  risks and uncertainties that could have a negative impact on the Company's
plans,  estimates,  projections  and  actual  results include: (i) the Company's
limited  operating  history  and  its  history  of  losses;  (ii)  the Company's
immediate  and  continuing need for additional equity financing to meet its cash
requirements  and the possible inability of the Company to attract investors for
its  equity  securities or otherwise raise adequate funds from any source; (iii)
increased  governmental regulation of the healthcare industry; (iv) the possible
inability  of  the  Company  to enter into any strategic alliances in connection
with  the  GlobalNetCare Pharmacy; (v) the possible inability to generate any or
significant  revenues to continue its operations; (vi) the possible inability to
attract  and  retain sufficiently trained and experienced doctors for the online
doctor  consultation  service,  marketing  and  sales  personnel  to  market the
Company's  website  and  its services, and experienced businesspersons to manage
the  continuing  operations  of the Company; (vii) the possible inability of the
Company to successfully develop, implement and market the video teleconferencing
program  and  distance  based training program due to the failure to attract and
retain  adequately  trained  doctors  and  other  factors and the failure of the
medical  community to accept such services or other new projects; and (viii) the
continued  reliance  on  the  Internet  as  a source for healthcare information.


PART  II     OTHER  INFORMATION

ITEM  1:          Legal  Proceedings

No  legal  proceedings  have  been  commenced  by  or against the Company in the
quarter  for  which  this  Form  10-Q  is  filed.  There  have  been no material
developments  or  new  legal proceedings commenced against the Company since the
filing  of  the  Company's Form 10-SB for the fiscal periods ending December 31,
1998  (audited)  and  June  30,  1999  (unaudited).

<PAGE>

ITEM  2:          Changes in Securities and Unregistered Offerings of Securities

The Company did not sell or issue any common shares during the period covered by
this  form  10-Q  that  were  not  registered  under the Securities Act of 1933.

ITEM  3:          Defaults  Upon  Senior  Securities

Not  Applicable.

ITEM  4:          Submission  of  Matters  to  a  Vote  of  Security  Holders

Not  Applicable.

ITEM  5:          Other  Information

On  November 1, 1999, Harvey Lalach was appointed as the Chief Operating Officer
of  the  Company.

ITEM  6:          Exhibits  and  Reports  on  Form  8-K

27.01     Financial  Data  Schedule  (EDGAR  version  only)

No  reports on Form 8-K were filed during the quarter for which this Form 10-QSB
is  filed.

<PAGE>

                                   SIGNATURES

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

Dated  December  3,  1999


GLOBALNETCARE,  INC.


Per:  /s/ George Tsoukas          Date: December 3, 1999
       ------------------         ----------------------
       Chief Executive Officer
       and Director

Per:  /s/ Nick Pedafronimos       Date: December 3, 1999
      ---------------------       -----------------------
      Director

<PAGE>

PART  I          FINANCIAL  INFORMATION

Item  1:          Financial  Statements:

     Consolidated  Balance  Sheet  as  of  September  30,  1999
     Consolidated  Statements  of Income for the nine months ended September 30,
1998  and  1999
     Consolidated  Statement  of  Cash Flows for the nine months ended September
30,  1998  and  1999
     Notes  to  Consolidated  Financial  Statements.

Item  2:          Management's  Discussion  and  Analysis  or  Plan of Operation

PART  II          OTHER  INFORMATION

Item  1:          Legal  Proceedings
Item  2:          Changes in Securities and Unregistered Offerings of Securities
Item  3:          Default  upon  Senior  Securities
Item  4:          Submissions  of  Matters  to  a  Vote  of  Security  Holders
Item  5:          Other  Information
Item  6:          Exhibits  and  Reports  on  Form  8-K
Signatures