----

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**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

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**FORM      10-QSB**

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| **[                X ]** | **QUARTERLY                REPORT UNDER SECTION 13 0R 15(****d****)                OF THE SECURITIES EXCHANGE ACT OF                1934** |
|--------------------------|--------------------------------------------------------------------------------------------------------------------------------------------|

**March      31, 2007**

| **[                  ]** | **TRANSITION                REPORT UNDER SECTION 13 0R 15(****d****)                OF THE SECURITIES EXCHANGE ACT OF                1934** |
|------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------|

**Commission      file number **
**000-33309**

| **GLOBETRAC                INC.**                                                               |
|-------------------------------------------------------------------------------------------------|
| (Exact                name of small business issuer as specified in its                charter) |

| **Delaware** (State                or other jurisdiction of incorporation                or organization)                                                                                                                                                                                                   | **33-0953557**(I.R.S.                Employer Identification                No.) |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------|
|  **1100                Melville Street, Suite 600, Vancouver, British Columbia, V6E                4A6**(Address                of principal executive offices)                                                                                                                                        |
|   **1-800-648-4287**(Issuer’s                telephone number)                                                                                                                                                                                                                                   |
|                                 (Former                name, former address and former fiscal year, if changed since last                report) |

**[      X ] Yes [  ] No**

**[       ] Yes [ X ] No**

**APPLICABLE      ONLY TO CORPORATE ISSUERS**

| **Class**                                      |   | **Outstanding                at May 15, 2007** |
|------------------------------------------------|--------|------------------------------------------------|
| Common                Stock - $0.001 par value |   | 22,190,000                                     |

**Yes      [ ] No [ X ]**

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**PART      I - FINANCIAL INFORMATION**

**Item      1.**
**Financial      Statements.**

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**GLOBETRAC        INC.**

**CONDENSED          CONSOLIDATED BALANCE SHEETS**

|                                                                                       |   | **March                  31,** |       | **December                  31,** |   |
|--------------------------------------------------------------------------------------------|--------|--------------------------------|------------|-----------------------------------|--------|
|                                                                                       |   | **2007**                       |       | **2006**                          |   |
|                                                                                       |   | **(Unaudited)**                |       |                              |   |
|                                                                                       |   |                           |       |                              |   |
| **ASSETS**                                                                                 |   |                           |       |                              |   |   |   |
|                                                                                       |   |                           |       |                              |   |   |   |
| Current                  assets                                                            |   |                           |       |                              |   |   |   |
|                                                                                       |   |                           |       |                              |   |   |   |
| Cash                                                                                       |   | $                              | 20,628     |                              | $      | 44,175 |   |
| Accounts                  receivable, net                                                  |   |                           | 36,763     |                              |   | 45,676 |   |
|                                                                                       |   |                           |       |                              |   |   |   |
| Total                  current assets                                                      |   | $                              | 57,391     |                              | $      | 89,851 |   |
|                                                                                       |   |                           |       |                              |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' DEFICIT**                                 |   |                           |       |                              |   |   |   |
|                                                                                       |   |                           |       |                              |   |   |   |
| Current                  liabilities                                                       |   |                           |       |                              |   |   |   |
|                                                                                       |   |                           |       |                              |   |   |   |
| Accounts                  payable and accrued liabilities                                  |   | $                              | 142,707    |                              | $      | 159,383 |   |
| Convertible                  notes payable, including accrued interest                     |   |                           | 1,911,982  |                              |   | 1,880,727 |   |
| Advances                  payable                                                          |   |                           | 16,385     |                              |   | 16,385 |   |
| Due                  to related parties                                                    |   |                           | 647,103    |                              |   | 634,961 |   |
| Note                  payable to related party                                             |   |                           | 500,000    |                              |   | 500,000 |   |
|                                                                                       |   |                           |       |                              |   |   |   |
| Total                  current liabilities                                                 |   |                           | 3,218,177  |                              |   | 3,191,456 |   |
|                                                                                       |   |                           |       |                              |   |   |   |
| Commitments                  and contingencies                                             |   |                           |       |                              |   |   |   |
|                                                                                       |   |                           |       |                              |   |   |   |
| Stockholders'                  deficit                                                     |   |                           |       |                              |   |   |   |
| Preferred                  stock $0.001 par value, 5,000,000 authorized, none issued and   |   |                           |       |                              |   |   |   |
| outstanding                  at March 31, 2007 and December 31, 2006                       |   |                           |       |                              |   |   |   |
| Common                  stock $0.001 par value, 200,000,000 common shares authorized,      |   |                           |       |                              |   |   |   |
| 22,190,000                  issued and outstanding at March 31, 2007 and December 31, 2006 |   |                           | 22,190     |                              |   | 22,190 |   |
| Additional                  paid in capital                                                |   |                           | 1,167,085  |                              |   | 1,167,085 |   |
| Accumulated                  deficit                                                       |   |                           | (4,365,889 | )                                 |   | (4,310,003 | ) |
| Accumulated                  other comprehensive income                                    |   |                           | 15,828     |                              |   | 19,123 |   |
|                                                                                       |   |                           |       |                              |   |   |   |
| Total                  stockholders' deficit                                               |   |                           | (3,160,786 | )                                 |   | (3,101,605 | ) |
|                                                                                       |   |                           |       |                              |   |   |   |
| Total                  liabilities and stockholders' deficit                               |   | $                              | 57,391     |                              | $      | 89,851 |   |

**The        accompanying notes are an integral part of these unaudited condensed        consolidated financial statements.**

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**GLOBETRAC      INC.**

**CONDENSED      CONSOLIDATED STATEMENTS OF OPERATIONS**

**(UNAUDITED)**

|                                                                                             |   | ****Three                Months Ended******March                31,** |         |
|--------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|--------------|
|                                                                                             |   | **2007**                                                              |         | **2006** |   |
|                                                                                             |   |                                                                  |         |   |   |
| Royalty                income                                                                    |   | $                                                                     | 21,292       |   | $ | 29,791 |   |
|                                                                                             |   |                                                                  |         |   |   |   |   |
| Operating                expenses:                                                               |   |                                                                  |         |   |   |   |   |
| General                and administrative                                                        |   |                                                                  | 24,781       |   |   | 33,060 |   |
|                                                                                             |   |                                                                  |         |   |   |   |   |
| Net                loss from continuing operations                                               |   |                                                                  | (3,489  | ) |   | (3,269  | ) |
|                                                                                             |   |                                                                  |         |   |   |   |   |
| Interest                expense                                                                  |   |                                                                  | (46,233      | ) |   | (36,443 | ) |
|                                                                                             |   |                                                                  |         |   |   |   |   |
| Net                loss from continuing operations before tax and discontinued                   |   |                                                                  |         |   |   |   |   |
| operations                                                                                       |   |                                                                  | (49,722      | ) |   | (39,712 | ) |
|                                                                                             |   |                                                                  |         |   |   |   |   |
| Franchise                tax                                                                     |   |                                                                  | (6,164       | ) |   | - |   |
|                                                                                             |   |                                                                  |         |   |   |   |   |
| Net                loss from continuing operations before discontinued                operations |   |                                                                  | (55,886      | ) |   | (39,712 | ) |
|                                                                                             |   |                                                                  |         |   |   |   |   |
| Loss                from discontinued operations                                                 |   |                                                                  | -            |   |   | (10,106 | ) |
|                                                                                             |   |                                                                  |         |   |   |   |   |
| Net                loss                                                                          |   | $                                                                     | (55,886      | ) | $ | (49,818 | ) |
|                                                                                             |   |                                                                  |         |   |   |   |   |
|                                                                                             |   |                                                                  |         |   |   |   |   |
| Net                loss per share - basic and diluted                                            |   |                                                                  |         |   |   |   |   |
| Continuing                operations                                                             |   | $                                                                     | (0.00        | ) | $ | (0.00 | ) |
| Discontinued                operations                                                           |   | $                                                                     | (0.00        | ) | $ | (0.00 | ) |
|                                                                                             |   |                                                                  |         |   |   |   |   |
| Weighted                average number of shares outstanding - basic and diluted                 |   |                                                                  | 22,190,000   |   |   | 22,190,000 |   |

**The        accompanying notes are an integral part of these unaudited condensed        consolidated financial statements.**

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**GLOBETRAC        INC.**

**CONDENSED          CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIT AND COMPREHENSIVE          LOSS**

**FOR            THE THREE MONTHS ENDED MARCH 31, 2007 AND 2006**

**(UNAUDITED)**

|                                                                        |   | **Common                    Stock Issued** |       |       |   | **Accumulated** |   |            |      |
|-----------------------------------------------------------------------------|--------|--------------------------------------------|------------|------------|--------|-----------------|--------|-----------------|-----------|
|                                                                        |   |                                       |       |       |   | **Additional**  |   |            |      | **Other** |   |   |   |
|                                                                        |   | **Number                  of**             |       |       |   | **Paid-in**     |   | **Accumulated** |      | **Comprehensive** |   |   |   |
|                                                                        |   | **Shares**                                 |       | **Amount** |   | **Capital**     |   | **Deficit**     |      | **Income** |   | **Total** |   |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |
| Balance                  at January 1, 2006                                 |   |                                       | 22,190,000 |       | $      | 22,190          |   | $               | 1,167,085 |   | $ | (4,124,249 | ) | $ | 27,379 |   | $ | (2,907,595 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for the three month period ended March 31, 2006   |   |                                       | -          |       |   | -               |   |            | -         |   |   | (49,818 | ) |   | - |   |   | (49,818 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Foreign                  currency exchange (loss)                           |   |                                       | -          |       |   | -               |   |            | -         |   |   | - |   |   | (933 | ) |   | (933 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Comprehensive                  loss                                         |   |                                       | -          |       |   | -               |   |            | -         |   |   | - |   |   |   |   |   | (50,751 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Balance                  at March 31, 2006                                  |   |                                       | 22,190,000 |       |   | 22,190          |   |            | 1,167,085 |   |   | (4,174,067 | ) |   | 26,446 |   |   | (2,958,346 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for the nine month period ended December 31, 2006 |   |                                       | -          |       |   | -               |   |            | -         |   |   | (135,936 | ) |   | **-** |   |   | (135,936 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Foreign                  currency exchange (loss)                           |   |                                       | -          |       |   | -               |   |            | -         |   |   | - |   |   | (7,323 | ) |   | (7,323 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Comprehensive                  loss                                         |   |                                       | -          |       |   | -               |   |            | -         |   |   | - |   |   | - |   |   | (143,259 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Balance                  at December 31, 2006                               |   |                                       | 22,190,000 |       |   | 22,190          |   |            | 1,167,085 |   |   | (4,310,003 | ) |   | 19,123 |   |   | (3,101,605 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for the three month period ended March 31, 2007   |   |                                       | -          |       |   | -               |   |            | -         |   |   | (55,886 | ) |   |   |   |   | (55,886 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Foreign                  currency exchange (loss)                           |   |                                       | -          |       |   | -               |   |            | -         |   |   | - |   |   | (3,295 | ) |   | (3,295 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Comprehensive                  loss                                         |   |                                       | -          |       |   | -               |   |            | -         |   |   | - |   |   |   |   |   | (59,181 | ) |
|                                                                        |   |                                       |       |       |   |            |   |            |      |   |   |   |   |   |   |   |   |   |   |
| Balance                  at March 31, 2007                                  |   |                                       | 22,190,000 |       | $      | 22,190          |   | $               | 1,167,085 |   | $ | (4,365,889 | ) | $ | 15,828 |   | $ | (3,160,786 | ) |

**The        accompanying notes are an integral part of these unaudited condensed        consolidated financial statements.**

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**GLOBETRAC        INC.**

**CONDENSED          CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(UNAUDITED)**

|                                                                                                          |   | **Three                  Months Ended****March                  31,** |    |
|---------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|---------|
|                                                                                                          |   | **2007**                                                              |    | **2006** |   |
|                                                                                                          |   |                                                                  |    |   |   |
| Cash                  flows from operating activities:                                                        |   |                                                                  |    |   |   |   |   |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Net                  loss                                                                                     |   | $                                                                     | (55,886 | ) | $ | (49,818 | ) |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Adjustments                  to reconcile net loss to net cash used in operating                  activities: |   |                                                                  |    |   |   |   |   |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Changes                  in operating assets and liabilities:                                                 |   |                                                                  |    |   |   |   |   |
| Accounts                  receivable                                                                          |   |                                                                  | 8,913   |   |   | 929 |   |
| Accounts                  payable and accrued liabilities                                                     |   |                                                                  | (16,676 | ) |   | 2,107 |   |
| Due                  to related parties, including accrued interest                                           |   |                                                                  | 12,142  |   |   | (315 | ) |
| Accrued                  interest payable on convertible notes                                                |   |                                                                  | 31,255  |   |   | 33,966 |   |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Net                  cash used in operating activities                                                        |   |                                                                  | (20,252 | ) |   | (13,131 | ) |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Effects                  of foreign currency exchange rate                                                    |   |                                                                  | (3,295  | ) |   | (933 | ) |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Net                  decrease in cash                                                                         |   |                                                                  | (23,547 | ) |   | (14,064 | ) |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Cash,                  beginning of period                                                                    |   |                                                                  | 44,175  |   |   | 51,756 |   |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Cash,                  end of period                                                                          |   | $                                                                     | 20,628  |   | $ | 37,692 |   |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Supplemental                  disclosure of non-cash investing and financing activities:                      |   |                                                                  |    |   |   |   |   |
| Cash                  paid during the period:                                                                 |   |                                                                  |    |   |   |   |   |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Income                  taxes                                                                                 |   | $                                                                     | 6,164   |   | $ | - |   |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Interest                                                                                                      |   | $                                                                     | 2,650   |   | $ | - |   |
|                                                                                                          |   |                                                                  |    |   |   |   |   |
| Non-cash                  changes in operating assets and liabilities:                                        |   |                                                                  |    |   |   |   |   |
| Advance                  receivable offset against accounts payable                                           |   | $                                                                     | 5,000   |   | $ | - |   |

**The      accompanying notes are an integral part of these unaudited condensed      consolidated financial statements.**

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**GLOBETRAC        INC.**

**NOTES        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(UNAUDITED)**

**NOTE        1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION**

**Nature        of Operations**

**Basis        of Presentation**

**NOTE        2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

**Principles        of Consolidation**

**Reclassifications**

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**GLOBETRAC          INC.**

**NOTES          TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(UNAUDITED)**

**NOTE        2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)**

**Accounting        Estimates**

**Accounts        Receivable**

**Revenue        Recognition**

**Financial        Instruments**

***Foreign        Exchange Risk***

***Fair        Value of Financial Instruments***

***Concentration        of Credit Risk***

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**GLOBETRAC          INC.**

**NOTES          TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(UNAUDITED)**

**NOTE        2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)**

**Comprehensive        Income (Loss)**

**Recent        Accounting Pronouncements**

*The        Fair Value Option for Financial Assets and Financial        Liabilities*
**        - **
*Accounting        for Certain Investments in Debt and Equity Securities*

**NOTE        **
**3        - GOING CONCERN**

**NOTE        4 - CONVERTIBLE NOTES PAYABLE AND RELATED ACCRUED INTEREST DUE ON        DEMAND**

|                                                                                                         |   | **March                  31,****2007** | ** ** | **December                  31,****2006** |   |
|--------------------------------------------------------------------------------------------------------------|--------|----------------------------------------|------------|-------------------------------------------|--------|
|                                                                                                         |   |                                   |       |                                      |   |
| Notes                payable due on                demand, unsecured, bearing interest at 8% per annum,      |   |                                   |       |                                      |   |
| convertible                  into common shares of the Company at $0.50 per share at                  the    |   |                                   |       |                                      |   |
| option                  of the Company                                                                       |   | $                                      | 673,809    |                                      | $      | 673,809 |   |
|                                                                                                         |   |                                   |       |                                      |   |   |   |
| Notes                payable due on                demand, unsecured, bearing interest at 10% per annum,     |   |                                   |       |                                      |   |   |   |
| convertible                  into common shares of the Company at the option of the                  Company |   |                                   |       |                                      |   |   |   |
| or                  the lender at market price less 20%, with a minimum conversion                  price    |   |                                   |       |                                      |   |   |   |
| of                  $0.15 per share                                                                          |   |                                   | 835,940    |                                      |   | 835,940 |   |
|                                                                                                         |   |                                   |       |                                      |   |   |   |
| Accrued                  interest due on demand                                                              |   |                                   | 402,233    |                                      |   | 370,978 |   |
|                                                                                                         |   |                                   |       |                                      |   |   |   |
| Total                  convertible notes payable and related accrued interest due on                  demand |   | $                                      | 1,911,982  |                                      | $      | 1,880,727 |   |

----

**GLOBETRAC          INC.**

**NOTES          TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(UNAUDITED)**

**NOTE        5 - ADVANCES PAYABLE **

**NOTE        6 - DUE TO RELATED PARTIES**

|                                                                                                                                 |   | **March                  31,****2007** | ** ** | **December                  31,****2006** |   |
|--------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------|------------|-------------------------------------------|--------|
|                                                                                                                                 |   |                                   |       |                                      |   |
| Due                  to companies sharing a common officer or director or controlled                  by an                  officer |   | $                                      | 177,124    |                                      | $      | 177,310 |   |
| Due                  to a director                                                                                                   |   |                                   | 13,766     |                                      |   | 13,766 |   |
| Due                  to a director                                                                                                   |   |                                   | 239,090    |                                      |   | 239,090 |   |
| Interest                  on note payable to a director (Note 7)                                                                     |   |                                   | 217,123    |                                      |   | 204,795 |   |
|                                                                                                                                 |   |                                   |       |                                      |   |   |   |
| Due                  to related parties                                                                                              |   | $                                      | 647,103    |                                      | $      | 634,961 |   |

**NOTE        7 - NOTE PAYABLE TO RELATED PARTY**

|                                                                                                   |   | **March                  31,****2007** | ** ** | **December                  31,****2006** |   |
|--------------------------------------------------------------------------------------------------------|--------|----------------------------------------|------------|-------------------------------------------|--------|
|                                                                                                   |   |                                   |       |                                      |   |
| Note                payable,                unsecured, bears interest at 10% per annum, originally due |   |                                   |       |                                      |   |   |   |
| November                  27, 2004, now due on demand                                                  |   | $                                      | 500,000    |                                      | $      | 500,000 |   |

**NOTE        8 - DISCONTINUED OPERATIONS**

----

**Item        2. Management’s Discussion and Analysis or Plan of        Operation**

**Forward-Looking        Statements**

**General**

**Our        Objectives and Areas of Focus**

----

**Challenges        and Risks**

**Critical        Accounting Policies and Estimates**

**Accounts        Receivable**

**Revenue        Recognition**

**Financial        Condition**

----

**Related-Party        Transactions**

**COMPARISON        OF THE THREE MONTHS ENDED MARCH 31, 2007 AND 2006**

* *

----

**Off-Balance-Sheet        Arrangements**

**Liquidity        and Capital Resources**

----

**Net        Cash Used In Operating Activities**

**Net        Cash Provided By Financing Activities**

**Net        Cash Used In Investing Activities**

**Contingencies        and Commitments**

**Contractual        Obligations**

| **Contractual Payment Due by                  Period** |   |     |    |
|--------------------------------------------------------|--------|----------|---------|
|                                                   |   | **2007** |    |
|                                                   |   |     |    |
| Note                Payable to Related Party           |   | $        | 717,123 |   |
|                                                   |   |     |    |   |

**Internal        and External Sources of Liquidity**

**Inflation**

----

**Item      3. Controls and Procedures. **

**Disclosure      Controls and Procedures**

**Exchange      Act**
**Evaluation      Date**

**Changes      in Internal Controls**

**PART      II - OTHER INFORMATION**

**Item      1. Legal Proceedings.**

**Item      2. Unregistered Sale of Equity Securities and Use of      Proceeds.**

**Item      3. Defaults Upon Senior Securities.**

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

**Item      5. Other Information.**

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**Item      6. Exhibits.**

| **(a)** | **Index                to and Description of                Exhibits** |
|---------|------------------------------------------------------------------------|

| **Exhibit**    | **Description**                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | **Status**  |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **3.1**   | Articles                of Incorporation filed as an Exhibit to GlobeTrac’s registration statement                on Form SB-2 filed on August 2, 2001, and incorporated herein by                reference.                                                                                                                                                                                                                                            |   | Filed  |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **3.2**        | Bylaws                filed as an Exhibit to GlobeTrac’s registration statement on Form SB-2                filed on August 2, 2001, and incorporated herein by                reference.                                                                                                                                                                                                                                                               |   | Filed       |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **3.3**   | Certificate                of Amendment to Articles of Incorporation changing the Issuer’s name to                GlobeTrac Inc. filed as an exhibit to GlobeTrac’s Form 10-KSB filed on                April 15, 2003, and incorporated herein by reference.                                                                                                                                                                                     |   | Filed  |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **3.4**   | Notification                of Dissolution for Globetrac Limited dated March 14, 2007, filed                as an                exhibit to GlobeTrac’s Form 10-KSB filed on April 16, 2007, and                incorporated herein by reference.                                                                                                                                                                                                       |   | Filed  |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **10.1**  | Master                Distributorship Agreement dated June 19, 2002 among WebTech Wireless                International, WebTech Wireless Inc. and Global Axxess Corporation                Limited                filed as an attached exhibit to GlobeTrac’s Form 8-K (Current Report)                filed on September 11, 2002, and incorporated herein by                reference.                                                               |   | Filed  |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **10.2**  | Loan                Agreement dated November 27, 2002 between GlobeTrac Inc. and David                Patriquin with attached promissory note dated November 27, 2002 filed                as                an exhibit to GlobeTrac’s Form 10-KSB (Annual Report) filed on April 15,                2003, and incorporated herein by reference.                                                                                                        |   | Filed  |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **10.3**  | Amendment                Letter Agreement dated June 4, 2003, between WebTech Wireless                International Inc. and Globetrac Limited for the purpose of amending                terms                of the Master Distributorship Agreement filed as an exhibit to GlobeTrac’s                Form 10-KSB (Annual Report) filed on April 7, 2004, and incorporated                herein by reference.                                       |   | Filed  |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **10.4**  | Amendment                Letter Agreement dated March 8, 2004 between WebTech Wireless                International Inc. and Globetrac Limited for the purpose of amending                terms                of the Master Distributorship Agreement filed as an exhibit to GlobeTrac’s                Form 10-KSB (Annual Report) filed on April 7, 2004, and incorporated                herein by reference.                                       |   | Filed  |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **10.5**  | Letter                Agreement dated November 26, 2004 among Global Axxess Corporation                Limited,                WebTech Wireless International and WebTech Wireless Inc., filed as                an                exhibit to GlobeTrac’s Form 8-K (Current Report) filed on December 22,                2004, and incorporated herein by reference.                                                                                    |   | Filed  |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **10.6**  | Termination                and Transfer Agreement dated November 1, 2004 among GlobeTrac Inc.,                Global                Axxess Corporation Limited, Globetrac Limited, WebTech Wireless Inc.,                and                WebTech Wireless International, filed as an exhibit to GlobeTrac’s Form                8-K (Current Report) filed on November 14, 2005, and incorporated                herein                by reference. |   | Filed  |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **14**         | Code                of Ethics filed as an exhibit to GlobeTrac’s Form 10-KSB filed on April                15, 2003, and incorporated herein by reference.                                                                                                                                                                                                                                                                                              |   | Filed       |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **31**         | Certifications                pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                                                                                                                                                                                                                                                                                                      |   | Included    |
|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |
| **32**         | Certification                pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section                906 of                the Sarbanes-Oxley Act of 2002.                                                                                                                                                                                                                                                                                          |   | Included    |

----

**SIGNATURES**

|                                              |                                                                                                                                  |                               |
|---------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------|------------------------------------|
|                                              | **GLOBETRAC              INC.**                                                                                                       |
|                                         |                                                                                                                             |                          |
| Date: May              15,              2007 | By:                                                                                                                         | /s/ John              daCosta |
|                                              | John              daCosta                                                                                                             |
|                                              | CEO                and                CFO (Principal Executive Officer and                Principal Financial                Officer) |