**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


**Washington,
      D.C. 20549**





**FORM
      10-QSB**





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





For
      the
      quarterly period ended  **September
      30, 2005**





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





For
      the
      transition period from____________ to____________








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








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








Incorporated
                in the State of 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)





Indicate
      by check mark whether the registrant (1) has filed all reports required to
      be
      filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
      the
      preceding 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.


**[
      X ] Yes [  ] No**





Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange
      Act).                              **[ 
]
      Yes [X]
      No**





**APPLICABLE
      ONLY TO CORPORATE ISSUERS**





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





**Class**
            **Outstanding
                at November 14, 2005**Common
                Stock - $0.001 par value
            22,190,000





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





***Page
          - 1***


**PART
      I - FINANCIAL INFORMATION**





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







**GLOBETRAC
      INC.**





**CONSOLIDATED
      FINANCIAL STATEMENTS**








**As
      at September 30, 2005 and December 31, 2004 and**


**for
      the three months and nine months ended September 30, 2005 and 2004**


**Unaudited**











**CONSOLIDATED
      BALANCE SHEETS**





**CONSOLIDATED
      STATEMENTS OF OPERATIONS****AND
      COMPREHENSIVE LOSS**





**CONSOLIDATED
      STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT AND
      COMPREHENSIVE LOSS**





**CONSOLIDATED
      STATEMENTS OF CASH FLOWS**





**NOTES
      TO CONSOLIDATED FINANCIAL
      STATEMENTS**





***Page
          - 2***


**GLOBETRAC
        INC.**
 **CONSOLIDATED
        BALANCE SHEETS**
 **UNAUDITED**
    **September
                  30,**
              
              **December
                  31,****2005**
              
              
              **2004****ASSETS****CURRENT
                  ASSETS**Cash
              $
              5,244
              
              $
              1,342Accounts
                  receivable,net
                  of allowance for doubtful accounts of $1,042 and $nil
              
              123,560
              
              
              63,866**TOTAL
                  ASSETS**
              $
              128,804
              
              $
              65,208**LIABILITIES
                  AND STOCKHOLDERS' DEFICIT****CURRENT
                  LIABILITIES**Accounts
                  payable and accrued liabilities
              $
              129,347
              
              $
              142,322Advances
                  payable
              
              16,385
              
              
              -Convertible
                  notes payable on demand
              
              1,708,531
              
              
              1,605,730Due
                  to related parties
              
              620,508
              
              
              571,275Note
                  payable to related party
              
              500,000
              
              
              500,0002,974,771
              
              
              2,819,327Commitment
                  and Contingencies**STOCKHOLDERS'
                  DEFICIT**Share
                  capitalAuthorized200,000,000
                  common shares, $0.001 par value5,000,000
                  preferred shares, $0.001 par valueIssued
                  and outstanding:22,190,000
                  common shares
              
              22,190
              
              
              22,190Additional
                  paid in capital
              
              1,167,085
              
              
              1,167,085Accumulated
                  deficit
              
              (4,060,810
              )
              
              (3,963,224
              )Other
                  comprehensive income:Foreign
                  currency translation adjustment
              
              25,568
              
              
              19,830**Total
                  Stockholders' Deficit**
              
              (2,845,967
              )
              
              (2,754,119
              )**TOTAL
                  LIABILITIES AND STOCKHOLDERS' DEFICIT**
              $
              128,804
              
              $
              65,208


The
        accompanying notes are an integral part of these consolidated financial
        statements






***Page
          - 3***




**GLOBETRAC
        INC.**
 **CONSOLIDATED
        STATEMENTS OF OPERATIONS**
 **UNAUDITED**
    **Three
                  Months Ended**
              
              
              **Nine
                  Months Ended****September
                  30,**
              
              
              **September
                  30,****2005**
              
              
              **2004**
              
              
              **2005**
              
              
              **2004****REVENUE**Royalty
                  income
              $
              -
              
              $
              -
              
              $
              94,484
              
              $
              -**OPERATING
                  EXPENSES**Administrative
                  expenses
              
              18,077
              
              
              162,451
              
              
              57,049
              
              
              511,246Selling
                  expenses
              
              -
              
              
              -
              
              
              -
              
              
              4,652Total
                  Operating Expenses
              
              18,077
              
              
              162,451
              
              
              57,049
              
              
              515,898Loss
                  from operations
              
              (18,077
              )
              
              (162,451
              )
              
              37,435
              
              
              (515,898
              )**OTHER
                  EXPENSES**Foreign
                  exchange transaction gains (losses)
              
              29
              
              
              (250
              )
              
              (45
              )
              
              (341
              )Interest
                  expense
              
              (43,722
              )
              
              (37,307
              )
              
              (134,976
              )
              
              (83,435
              )Total
                  Other Expenses
              
              (43,693
              )
              
              (37,557
              )
              
              (135,021
              )
              
              (83,776
              )Net
                  loss for the period before tax provision and
              
              (61,770
              )
              
              (200,008
              )
              
              (97,586
              )
              
              (599,674
              )discontinued
                  operationsProvision
                  for income tax
              
              -
              
              
              (800
              )
              
              -
              
              
              (800
              )Net
                  loss for the period before discontinued operations
              
              (61,770
              )
              
              (200,808
              )
              
              (97,586
              )
              
              (600,474
              )Loss
                  from discontinued operations
              
              -
              
              
              (173,645
              )
              
              -
              
              
              (436,619
              )**NET
                  LOSS FOR THE PERIOD**
              $
              (61,770
              )
              $
              (374,453
              )
              $
              (97,586
              )
              $
              (1,037,093
              )**BASIC
                  AND DILUTED LOSS PER SHARE**Continuing
                  operations
              $
              (0.01
              )
              $
              (0.01
              )
              $
              0.01
              
              $
              (0.03
              )Discontinued
                  operations
              
              -
              
              
              (0.01
              )
              
              -
              
              
              (0.02
              )$
              (0.01
              )
              $
              (0.02
              )
              $
              (0.01
              )
              $
              (0.05
              )**WEIGHTED
                  AVERAGE SHARES OUTSTANDING**
              
              22,190,000
              
              
              22,190,000
              
              
              22,190,000
              
              
              22,190,000




The
        accompanying notes are an integral part of these consolidated financial
        statements






***Page
          - 4***






**GLOBETRAC
        INC.**
 **CONSOLIDATED
        STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT AND
        COMPREHENSIVE LOSS**
 **FOR
        THE NINE MONTHS ENDED SEPTEMBER 30, 2005 AND 2004**
 **UNAUDITED**


**Common
                Stock Issued**
            
            
            **Common
                Stock****Subscribed**
            
            
            
            
            
            **Accumulated****Additional**
            
            
            
            
            
            
            
            
            
            
            
            **Other****Number
                of**
            
            
            
            
            
            **Paid-in**
            
            
            **Number
                of**
            
            
            
            
            
            **Accumulated**
            
            
            **Comprehensive****Shares**
            
            
            **Amount**
            
            
            **Capital**
            
            
            **Shares**
            
            
            **Amount**
            
            
            **Deficit**
            
            
            **Income**
            
            
            **Total****Balance,
                January 31, 2004**
            
            
            **21,940,000**
            
            
            **21,940**
            
            
            **917,335**
            
            
            **250,000**
            
            
            **250,000**
            
            
            **(2,599,335**
            **)**
            
            **22,736**
            
            
            **(1,387,324**
            **)**Reg
                S, Private Placement, shares issued****for
                cash, June 9, 2004
            
            
            250,000
            
            
            250
            
            
            249,750
            
            
            (250,000
            )
            
            (250,000
            )
            
            **-**
            
            
            **-**
            
            
            **-**Net
                loss for the nine month period endedSeptember
                30, 2004
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (1,037,093
            )
            
            -
            
            
            (1,037,093
            )Foreign
                currency translation adjustments
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (5,041
            )
            
            (5,041
            )**Balance,
                September 30, 2004**
            
            
            **22,190,000**
            
            
            **22,190**
            
            
            **1,167,085**
            
            
            **-**
            
            
            **-**
            
            
            **(3,636,428**
            **)**
            
            **17,695**
            
            
            **(2,429,458**
            **)**Net
                loss for the three month period endedDecember
                31, 2004
            
            
            **-**
            
            
            **-**
            
            
            **-**
            
            
            **-**
            
            
            **-**
            
            
            (326,796
            )
            
            **-**
            
            
            (326,796
            )Foreign
                currency translation adjustments
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            2,135
            
            
            2,135**Balance,
                December 31, 2004**
            
            
            **22,190,000**
            
            
            **22,190**
            
            
            **1,167,085**
            
            
            **-**
            
            
            **-**
            
            
            **(3,963,224**
            **)**
            
            **19,830**
            
            
            **(2,754,119**
            **)**Net
                loss for the nine month period endedSeptember
                30, 2005
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (97,586
            )
            
            
            
            
            (97,586
            )Foreign
                currency translation adjustments
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            5,738
            
            
            5,738**Balance,
                September 30, 2005**
            
            
            **22,190,000**
            
            **$**
            **22,190**
            
            **$**
            **1,167,085**
            
            
            **-**
            
            **$**
            **-**
            
            **$**
            **(4,060,810**
            **)**
            **$**
            **25,568**
            
            **$**
            **(2,845,967**
            **)**


The
        accompanying notes are an integral part of these consolidated financial
        statements






***Page
          - 5***




**GLOBETRAC
        INC.**
 **CONSOLIDATED
        STATEMENTS OF CASH FLOWS**
 **UNAUDITED**
    **Nine
                  Months Ended****September
                  30,****2005**
              
              
              **2004****CASH
                  FLOWS FROM OPERATING ACTIVITIES**Net
                  loss
              $
              (97,586
              )
              $
              (1,037,093
              )Adjustment
                  to reconcile net loss to net cashused
                  in operating activities:Depreciation
              
              -
              
              
              2,397Change
                  in operating assets and liabilities:Increase
                  in accounts receivable
              
              (59,694
              )
              
              (96,840
              )Decrease
                  in inventory
              
              -
              
              
              242,638Decrease
                  in prepaids
              
              -
              
              
              5,117(Decrease)
                  Increase in accounts payable and accrued liabilities
              
              (12,975
              )
              
              28,307Increase
                  in accrued interest payable to related party
              
              37,398
              
              
              37,432Increase
                  in amounts due to related parties
              
              11,835
              
              
              306,227Increase
                  in accrued interest payable on convertible notes
              
              102,801
              
              
              61,419Increase
                  in advances payable
              
              16,385
              
              
              5,460**NET
                  CASH USED IN OPERATING ACTIVITIES**
              
              (1,836
              )
              
              (444,936
              )**NET
                  CASH USED IN INVESTING ACTIVITIES**Purchase
                  of fixed assets
              
              -
              
              
              (2,209
              )**NET
                  CASH USED IN INVESTING ACTIVITIES**
              
              -
              
              
              (2,209
              )**CASH
                  FLOWS PROVIDED BY FINANCING ACTIVITIES**Increase
                  in convertible notes payable on demand
              
              -
              
              
              457,436**CASH
                  FLOWS PROVIDED BY FINANCING ACTIVITIES**
              
              -
              
              
              457,436Effect
                  of exchange rate changes on cash
              
              5,738
              
              
              (5,041
              )**INCREASE
                  IN CASH**
              
              **3,902**
              
              
              **5,250****CASH,
                  BEGINNING OF PERIOD**
              
              1,342
              
              
              8,810**CASH,
                  END OF PERIOD**
              **$**
              **5,244**
              
              **$**
              **14,060**Supplemental
                  disclosure of cash flow information:Cash
                  paid during the period for:Income
                  taxes
              $
              -
              
              $
              800Interest
              $
              -
              
              $
              -Non-cash
                  financing transactions:Conversion
                  of accrued interest payable to convertible notes payable
              $
              -
              
              $
              66,521Conversion
                  of advances payable to convertible notes payable
              $
              -
              
              $
              378,508




The
        accompanying notes are an integral part of these consolidated financial
        statements




***Page
          - 6***




**GLOBETRAC
      INC.**


**NOTES
      TO CONSOLIDATED FINANCIAL STATEMENTS**


**(Unaudited)**


September
      30, 2005











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





**Nature
      of Operations**


The
      Company was incorporated in the state of Delaware on March 2, 2000, and its
      principal executive offices are headquartered in Vancouver, Canada.





The
      Company was in the business of selling, marketing, distributing and installing
      global wireless tracking and telematics equipment in Europe until November
      1,
      2004 when they exchanged certain assets and certain liabilities in Globetrac
      Limited and their rights to the global wireless tracking and telematics business
      in Europe for a six percent royalty on gross sales of all existing and qualified
      potential customers that the Company has in Europe. As a result of terminating
      its operations in Europe, the Company is seeking new business opportunities.





**Basis
      of Presentation**


The
      unaudited consolidated financial statements included herein have been prepared
      in accordance with generally accepted accounting principles for interim
      financial information and with the instructions to Form 10-QSB and Item 310(b)
      of Regulation S-B. In the opinion of management, all adjustments (consisting
      of
      normal recurring accruals) considered necessary for a fair presentation have
      been included. Operating results for the three month and nine month periods
      ended September 30, 2005 and 2004 are not necessarily indicative of the results
      that may be expected for any interim period or the entire year. For further
      information, these consolidated financial statements and the related notes
      should be read in conjunction with the Company’s audited financial statements
      for the year ended December 31, 2004 included in the Company’s annual report on
      Form 10-KSB.





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


A
      summary of the Company’s significant accounting policies is included in the
      Company’s 2004 Annual Report. Additional significant accounting policies which
      affect the Company or which have been developed since December 31, 2004 are
      summarized below:





**Principles
      of Consolidation**


The
      consolidated financial statements include the accounts of the Company and its
      wholly owned subsidiary Global Axxess Corporation Limited (“Global Axxess”).
      Investment in Global Axxess is carried at cost and all intercompany balances
      and
      transactions have been eliminated.





**Foreign
      Currency**


The
      financial statements of the Company’s foreign subsidiary are measured using
      British Pounds and the Euro as the functional currencies. Assets and liabilities
      of these subsidiaries are translated at exchange rates as of the balance sheet
      date. Revenues and expenses are translated at the average exchange rates for
      the
      period. The resulting cumulative translation adjustments have been recorded
      as a
      separate component of stockholder’s equity. Foreign currency transaction gains
      and losses are included in consolidated net losses.





**Accumulated
      Other Comprehensive Income**


Accumulated
      other comprehensive income reflects changes in equity that result from
      transactions and economic events from non-owner sources. Accumulated other
      comprehensive income for the current period represents foreign currency
      translation items associated with the Company’s English and Irish operations.





**Discontinued
      Operations**


SFAS
      No.
      146 requires that a liability for a cost associated with an exit or disposal
      activity be recognized and measured initially at fair value only when the
      liability is incurred, not when it is planned. The Company’s termination of
      their global wireless tracking and telematics equipment business in Europe
      during November of 2004 caused the Company to reclassify and disclose separately
      the costs associated with the disposal on the statement of operations and
      comprehensive income for the three and nine months ended September 30, 2004.








***Page
          - 7***


**GLOBETRAC
        INC.**
 **NOTES
        TO CONSOLIDATED FINANCIAL STATEMENTS**
 **(Unaudited)**
 September
        30, 2005





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


---

**Reclassifications**


Certain
      prior year amounts in the accompanying financial statements have been
      reclassified to conform to current year presentation. These reclassifications
      had no effect on the results of operations or financial position for any
      year/period presented.





**NOTE
      3 - ADVANCES PAYABLE**


---

At
      September 30, 2005 and December 31, 2004 the Company had advances payable of
      $16,385 and $nil. These advances are unsecured and bear no interest or terms
      of
      repayment.





**NOTE
      4 - CONVERTIBLE NOTES PAYABLE**


---

At
      September 30, 2005 and December 31, 2004, the Company had a note payable in
      the
      amount of $162,149. At September 30, 2005 and December 31, 2004, $22,692 and
      $12,990 in interest had been accrued on this note. This note is unsecured,
      bears
      interest at 8%, is payable on demand and at the option of the Company is
      convertible into common shares of the Company at $0.50 per share.





At
      September 30, 2005 and December 31, 2004, the Company had notes payable
      totalling $511,660. At September 30, 2005 and December 31, 2004, $71,508 and
      $40,933 in interest had been accrued on these notes. These notes are unsecured,
      bear interest at 8% are payable on demand and at the option of the Company
      are
      convertible into common shares of the Company at $0.50 per share.





At
      September 30, 2005 and December 31, 2004, the Company had notes payable
      totalling $835,940. At September 30, 2005 and December 31, 2004, $104,582 and
      $42,058 in interest had been accrued on these notes. These notes are unsecured,
      bear interest at 10% are payable on demand and at the option of either the
      Company or the lender are convertible into common shares of the Company at
      $0.15
      per share.





**NOTE
      5 - DUE TO RELATED PARTIES**


At
      September 30, 2005 and December 31, 2004, the Company was indebted to a company
      sharing a common officer with the Company in the amount of $4,755. This debt
      is
      unsecured, non-interest bearing and has no fixed terms of repayment.





At
      September 30, 2005 and December 31, 2004, the Company was indebted to a company
      controlled by an officer of the Company in the amounts of $188,727 and $179,227.
      This debt is unsecured, non-interest bearing and has no fixed terms of
      repayment. During the nine month periods ended September 30, 2005 and 2004,
      this
      same company was paid $nil and $180,000 in administrative fees.





During
      the nine month periods ended September 30, 2005 and 2004 a related party was
      paid $nil and $22,500 in management fees.





At
      September 30, 2005 and December 31, 2004, the Company was indebted to a company
      sharing a common director in the amounts of $14,239 and $15,418. This debt
      is
      unsecured, non-interest bearing and has no fixed terms of repayment.





At
      September 30, 2005 and December 31, 2004, the Company was indebted to an officer
      of the Company in the amount of $239,090. This debt is unsecured, non-interest
      bearing and has no fixed terms of repayment. During the nine month periods
      ended
      September 30, 2005 and 2004, this related party provided management services
      to
      the Company amounting to $nil and $187,497. As well, during the nine month
      periods ended September 30, 2005 and 2004, the Company paid rent on behalf
      of
      this related party in the amounts of $nil and $20,442.











***Page
          - 8***


**GLOBETRAC
        INC.**
 **NOTES
        TO CONSOLIDATED FINANCIAL STATEMENTS**
 **(Unaudited)**
 September
        30, 2005





**NOTE
      5 - DUE TO RELATED PARTIES, continued**


---

At
      September 30, 2005 and December 31, 2004, the Company was indebted to a company
      controlled by a former officer of the Company in the amounts of $17,738 and
      $27,990. This debt is unsecured, non-interest bearing and has no fixed terms
      of
      repayment. During the nine month periods ended September 30, 2005 and 2004,
      this
      former related party provided consulting services to the Company amounting
      to
      $nil and $74,673.





At
      September 30, 2005 and December 31, 2004, the Company had advances payable
      to a
      director of the Company in the amount of $13,766 and $nil. This debt is
      unsecured, non-interest bearing and has no fixed terms of repayment.





During
      the nine month periods ended September 30, 2005 and 2004 a former related party
      was paid $nil and $130,348 for wages.





**NOTE
      6 - NOTE PAYABLE TO RELATED PARTY**


---

At
      September 30, 2005 and December 31, 2004, the Company had a note payable to
      a
      director of the Company in the amount of $500,000, plus accrued interest of
      $142,193 and $104,795. This note is unsecured, bears interest at 10% and was
      due
      November 27, 2004.





**NOTE
      7 - COMMON STOCK**


---

On
      August
      8, 2003, the directors of the Company approved a private placement for up to
      1
      million units at $1 per unit, under Regulation S of the United States Securities
      Act of 1933. Each unit consists of one restricted common share of the Company
      and one non-transferable share purchase warrant. Each warrant entitles the
      subscriber to purchase one additional restricted common share of the Company
      at
      a price of $1.10 per share. On November 25, 2003, the directors of the Company
      approved an increase in the private placement to 2 million units.





On
      August
      22, 2003, the Company entered into two Regulation S private placement agreements
      whereby the Company agreed to issue 750,000 restricted units at $1 per unit,
      consisting of 750,000 restricted common shares and one share purchase warrant
      exercisable by the holder at $1.10 per share for up to 750,000 restricted common
      shares of the Company, until August 26, 2005.





On
      October 1, 2003, the Company entered into a Regulation S private placement
      agreement whereby the Company agreed to issue 150,000 restricted units at $1
      per
      unit, consisting of 150,000 restricted common shares and one share purchase
      warrant exercisable by the holder at $1.10 per share for up to 150,000
      restricted common shares of the Company, until October 7, 2005.





On
      November 21, 2003, the Company entered into two Regulation S subscription
      agreements whereby the Company agreed to issue 250,000 restricted units at
      $1
      per unit, consisting of 250,000 restricted common shares and one share purchase
      warrant exercisable by the subscriber at $1.10 per share for up to 150,000
      and
      100,000 restricted common shares of the Company, until November 28, 2005 and
      December 1, 2005.





**NOTE
      8 - COMMITMENT AND CONTINGENCIES**


---

The
      Company was in the business of selling, marketing, distributing and installing
      global wireless tracking and telematics equipment in Europe until November
      1,
      2004 when they exchanged their rights to sell, market, distribute and install
      global wireless tracking and telematics equipment in Europe as well as all
      of
      their fixed assets and inventory, offset by a trade account payable to the
      acquirer, for a royalty of 6% on future gross sales to current customers and
      qualified potential customers in Europe. There is no cap on the royalties and
      royalties are to be paid for the duration of eleven years. The Company has
      accumulated a deficit of $4,060,810 since inception and additional financing
      will be required by the Company to fund and support its operations. Management
      plans to mitigate its losses in future years by significantly reducing its
      operating expenses and seeking out new business opportunities. However, there
      is
      no assurance that the Company will be able to obtain additional financing,
      reduce their operating expenses or be successful in locating or acquiring a
      viable business. The financial statements do not include any adjustments that
      might result from the outcome of those uncertainties.






***Page
          - 9***





**GLOBETRAC
        INC.**
 **NOTES
        TO CONSOLIDATED FINANCIAL STATEMENTS**
 **(Unaudited)**
 September
        30, 2005








**NOTE
      9 - DISCONTINUED OPERATIONS**


On
      November 26, 2004, the Company entered into a letter agreement whereby they
      agreed to discontinue, effective November 1, 2004, marketing, distributing
      and
      installing global wireless tracking and telematics equipment in Europe, which
      was carried on through its wholly-owned subsidiary, GlobeTrac Limited, in
      exchange for certain assets and liabilities and a six percent royalty to be
      paid
      to GlobeTrac Inc. on gross sales of all existing and qualified potential
      customers that the Company has in Europe. Revenues for the wireless tracking
      and
      telematics business were $913,867 for the nine month period ended September 30,
      2004. Net loss in the wireless tracking and telematics business for the nine
      month period ended September 30, 2004
      was $436,619, has been recorded in the loss from discontinued operations
      section, of the statements of operations and comprehensive income.





***Page
            - 10***


**Item
      2 - Management’s Discussion and Analysis of Results of Operations and Financial
      Condition**





The
      following is management’s discussion and analysis of certain significant factors
      that will or have affected our financial condition and results of operations.
      Certain statements under this section may constitute “forward-looking
      statements”. You should read the following discussion in conjunction with the
      audited consolidated financial statements included in our form 10-ksb for the
      year ended december 31, 2004.





**Overview**





We
      were
      incorporated in the state of Delaware on March 2, 2000 and our principal
      executive offices are headquartered in Vancouver, Canada. We were in the
      business of selling, marketing, distributing and installing global wireless
      tracking and telematics equipment until November 1, 2004. On November 1, 2004,
      we began to wind down our European operations and entered into negotiations
      with
      WebTech. In order not to affect existing customers/resellers, WebTech agreed
      to
      acquire all of our existing customers/resellers and portals, effective November
      1, 2004, based on a letter agreement dated November 26, 2004. On October 18,
      2005, this letter agreement with WebTech was replaced with a Termination and
      Transfer Agreement and Mutual Release (“the Formal Agreement”).





WebTech
      acquired specific assets and liabilities from us and, in consideration for
      this
      and all of the time and effort expended by us in launching the European market,
      WebTech has agreed to pay a six percent commission/royalty on gross sales.
      This
      royalty is based on both existing and qualified potential customers/resellers
      that we have either procured or previously contacted. A list of
      customers/resellers, including qualified potential customers/resellers was
      provided to WebTech. Sales from qualified potential customers/resellers will
      be
      included for commission purposes if such business commences within 12 months
      of
      November 26, 2004. There is no cap on the royalty payable to us and royalties
      are to be paid by WebTech for 11 years from November 26, 2004.





We
      believe that due to slower than expected sales, warranty issues, faulty product,
      insufficient funding, insufficient margins and the potential risk of becoming
      insolvent this Formal Agreement is in the best interest of both parties and
      will
      allow us the ability to seek new business opportunities.





We
      have
      accumulated a deficit of approximately $4 million to date and we will require
      additional financing to continue to operate and to seek out new business
      opportunities. We plan to mitigate our losses in future years by the closing
      our
      European operations, through receipt of the royalty payments from WebTech and
      reducing certain operating expenses that were associated with our European
      operations. However, there is no assurance that we will be able to obtain
      additional financing or that we will be successful in seeking new business
      opportunities or that we will receive any royalties from WebTech or that we
      will
      be able to reduce operating expenses associated with closing down our European
      operations. The financial statements do not include any adjustments that might
      result from the outcome of those uncertainties.





**Results
      of Operations**





Revenues





Revenue
      was $nil for the three month periods ended September 30, 2004 and September
      30,
      2005. Sales for the three month period ended September 30, 2004 of $96,135,
      from
      the wireless tracking business were reclassified to loss from discontinued
      operations at September 30, 2005.





Revenue
      increased from $nil for the nine month period ended September 30, 2004 to
      $94,484 for the nine month period ended September 30, 2005. The increase was
      due
      to a 6% royalty, which relates to the Formal Agreement. Sales for the nine
      month
      period ended September 30, 2004 of $913,867, from the wireless tracking business
      were reclassified to loss from discontinued operations at September 30,
      2005.





Cost
      of Sales





Cost
      of
      sales remained at $nil for the three and nine month periods ended September
      30,
      2004 and September 30, 2005. Due to the Formal Agreement, cost of sales of
      $65,204 and $614,502 for the three and nine month periods ended September 30,
      2004, were reclassified to loss from discontinued operations at September 30,
      2005.





***Page
          - 11***


Operating
      Expenses





Operating
      expenses decreased by $144,374 or 89% from $162,451 for the three month period
      ended September 30, 2004 to $18,077 for the three month period ended September
      30, 2005. The decrease was primarily due to decreases of $62,133 in professional
      fees, $15,715 in consulting fees, $415 in office expenses, $72 in bank charges,
      $69,999 in management fees and $378 in telephone charges, offset by increases
      of
      $4,235 in filing fees and $103 in advertising and marketing. Due to the Formal
      Agreement, whereby we disposed of our wireless tracking business, operating
      expenses associated with the wireless tracking business, for the three months
      ended September 30, 2004 of $195,204, have been reclassified to loss from
      discontinued operations.





Operating
      expenses decreased by $458,849 or 89% from $515,898 for the nine month period
      ended September 30, 2004 to $57,049 for the nine month period ended September
      30, 2005. The decrease was primarily due to decreases of $202,200 in
      professional fees, $50,684 in consulting fees, $4,403 in office expenses, $218
      in bank charges, $209,997 in management fees and $1,762 in telephone charges,
      offset by increases of $3,953 in filing fees and $6,462 in advertising and
      marketing. Due to the Formal Agreement, whereby we disposed of our wireless
      tracking business, operating expenses associated with the wireless tracking
      business, for the nine months ended September 30, 2004 of $727,795, have been
      reclassified to loss from discontinued operations





Interest
      Expense





Interest
      expense increased by $6,415 or 17% from $37,307 for the three month period
      ending September 30, 2004 to $43,722 for the three-month period ending September
      30, 2005. This was primarily due to interest on convertible notes payable and
      the note payable to a related party. Interest expense will increase during
      2005
      if we receive more funding through promissory notes, however it may decrease
      if
      any of the debt is repaid or if the convertible debt is converted to common
      stock of GlobeTrac. Due to the Formal Agreement, whereby we disposed of our
      wireless tracking business, interest expense associated with the wireless
      tracking business, for the three months ended September 30, 2004 of $10,497,
      has
      been reclassified to loss from discontinued operations





Interest
      expense increased by $51,541 or 62% from $83,435 for the nine month period
      ending September 30, 2004 to $134,976 for the nine month period ending September
      30, 2005. This was primarily due to interest on convertible notes payable and
      the note payable to a related party. Interest expense will increase during
      2005
      if we receive more funding through promissory notes, however it may decrease
      if
      any of the debt is repaid or if the convertible debt is converted to common
      stock of GlobeTrac. Due to the Formal Agreement, whereby we disposed of our
      wireless tracking business, interest expense associated with the wireless
      tracking business, for the nine months ended September 30, 2004 of $16,684,
      has
      been reclassified to loss from discontinued operations





**Liquidity
      and Capital Resources**





We
      had
      cash of $5,244 and a working capital deficit of $2,845,967 at September 30,
      2005. During the nine month period ended September 30, 2005, cash used in
      operating activities was $1,836. This was primarily due to an operating loss
      of
      $97,586, as well as a decrease of $12,975 in accounts payable and accrued
      liabilities and an increase of $59,694 in accounts receivable, offset by an
      increase of $11,835 in amounts due to related parties, an increase of $102,801
      in accrued interest payable on convertible notes, an increase of $37,398 in
      accrued interest payable to related parties and an increase in advances payable
      of $16,385. The effect of exchange rate changes on cash was $5,738. A decrease
      in working capital of $91,848 was due to an increase in current assets of
      $63,596 offset by an increase in current liabilities of $155,444. We have
      accumulated a deficit of $4,060,810 since inception and has a stockholders’
deficiency of $2,845,967. We have no contingencies or long-term
      commitments.





**Plan
      of Operation for the Next Twelve Months**





Over
      the
      next twelve months we plan to seek new business opportunities and collect
      royalty payments from WebTech.





We
      anticipates funding our working capital needs for the next 12 months through
      the
      royalty payments from WebTech, the equity capital markets, private advances,
      and
      loans. Although the foregoing actions are expected to cover our anticipated
      cash
      needs for working capital and capital expenditures for at least the next 12
      months, no assurance can be given that we will be able collect any royalty
      payments or raise sufficient cash to meet these cash requirements.





We
      plan
      to cover operating costs until such time as a new business opportunity is
      located, by receiving royalty payments from WebTech raising additional capital
      through private placements of stock, private advances, and loans.





***Page
          - 12***


We
      are
      not currently conducting any research and development activities. We do not
      anticipate conducting such activities in the near future. If we seek out a
      new
      business opportunity, we may be required to hire additional employees,
      independent contractors as well as purchase or lease additional
      equipment.





We
      anticipate continuing to rely on equity sales of common Stock to fund our
      operations and seek out new business opportunities; the issuance of any
      additional common Stock will result in dilution to existing shareholders of
      GlobeTrac.





**Critical
      Accounting Policies**





Our
      financial statements and accompanying notes are prepared in accordance with
      accounting principles generally accepted in the United States of America.
      Preparing financial statements requires us to make estimates and assumption
      that
      affect the reported amounts of assets, liabilities, revenue and expenses. The
      following paragraphs include a discussion of our critical accounting
      policies:





Foreign
      Currency





The
      financial statements of our English and Irish subsidiaries are measured using
      the British Pound and Euro as the functional currencies. Assets and liabilities
      of these subsidiaries are translated at exchange rates as of the balance sheet
      date. Revenues and expenses are translated at average exchange rates for the
      year. The resulting cumulative translation adjustments have been recorded as
      a
      separate component of stockholders’ equity. Foreign currency transaction gains
      and losses are included in consolidated net income.





Comprehensive
      Income





Comprehensive
      income reflects changes in equity that result from transactions and economic
      events from non-owner sources. Comprehensive income for the current period
      represents foreign currency translation items associated with our UK and Irish
      operations.





Discontinued
      Operations





SFAS
      No.
      146 requires that a liability for a cost associated with an exit or disposal
      activity be recognized and measured initially at fair value only when the
      liability is incurred, not when it is planned. Our termination of our global
      wireless tracking and telematics equipment business in Europe during November
      of
      2004 caused us to reclassify and disclose separately the costs associated with
      the disposal on the statement of operations and comprehensive income for the
      three and nine month periods ended September 30, 2004.





Reclassifications





Certain
      prior year amounts in the accompanying financial statements have been
      reclassified to conform to current year presentation. These reclassifications
      had no effect on the results of operations or financial position for any
      year/period presented.





**Contractual
      Obligations**





The
      following table provides a summary of our debt obligation as of September 30,
      2005. We have not included our convertible notes payable because these notes
      are
      repayable on demand and we do not know when or if payment will be demanded.





Contractual
      Payments Due By
      Year Currently
      Due





Note
      and
      Accrued Interest Payable to Related Party  $642,193







**Internal
      and External Sources of Liquidity**





We
      have
      funded its operations principally from issuance and subscription for common
      stock and borrowings in the form of advances payable, demand loans and funds
      received from related parties.





***Page
          - 13***


**Inflation**





We
      do not
      believe that inflation will have a material impact on its future
      operations.





**Uncertainties
      relating to Forward Looking Statements**





This
      Form
      10-QSB Quarterly Report contains “forward-looking statements” within the meaning
      of the Private Securities Litigation Reform Act of 1995. These statements may
      be
      identified by their use of words such as “plan”, “expect”, “aim”, “believe”,
“project”, “anticipate”, “intend”, “estimate”, “will”, “should”, “could” and
      other expressions that indicate future events and trends. All statements that
      address expectations or projections about the future, including statements
      about
      our strategy for growth, locating a new business opportunity or raising capital
      from external sources are forward-looking statements.





All
      forward-looking statements are made as of the date of filing of this Form 10-QSB
      and we disclaim any duty to update such statements.





Certain
      parts of this Form 10-QSB may contain “forward-looking statements” within the
      meaning of the Securities Exchange Act of 1934 based on our current
      expectations. Actual results could differ materially from those in the forward
      looking statements due to a number of uncertainties including, but not limited
      to, those discussed in this section. Factors that could cause future results
      to
      differ from these expectations include general economic conditions, particularly
      related to our locating a new business opportunity; changes in business
      direction or strategy and raising capital from external sources . As a result,
      the identification and interpretation of data and other information and our
      use
      in developing and selecting assumptions from and among reasonable alternatives
      requires the exercise of judgment. To the extent that the assumed events do
      not
      occur, our outcome may vary substantially from our anticipated or projected
      results, and accordingly, we express no opinion on the achievability of those
      forward-looking statements and give no assurance that any of the assumptions
      relating to the forward-looking statements are accurate.





We
      may,
      from time to time, make oral forward-looking statements. We strongly advise
      you
      to read the foregoing paragraphs and the risk factors described in our annual
      report and in other documents filed with the United States Securities and
      Exchange Commission for a description of certain factors that could cause the
      actual results to differ materially from those in the oral or written
      forward-looking statements. We disclaim any intention or obligation to update
      or
      revise any oral or written forward-looking statements whether as a result of
      new
      information, future events or otherwise.





**Item
      3. Controls and Procedures.**





**Disclosure
      Controls and Procedures**





Jim
      Pratt, GlobeTrac’s Chief Executive Officer, and John daCosta, GlobeTrac’s Chief
      Financial Officer, have evaluated the effectiveness of GlobeTrac’s disclosure
      controls and procedures (as such term is defined in Rules 13a-15 and 15d-15
      under the Securities Exchange Act of 1934 (the “Exchange Act” )) as of the end
      of the period covered by this quarterly report (the “Evaluation Date”). Based on
      such evaluation, they have concluded that, as of the Evaluation Date,
      GlobeTrac’s disclosure controls and procedures are effective in alerting
      GlobeTrac on a timely basis to material information required to be included
      in
      its reports filed or submitted under the Exchange Act.





**Changes
      in Internal Controls**





During
      the quarter of the fiscal year covered by this report, there were no changes
      in
      GlobeTrac’s internal controls or, to the GlobeTrac’s knowledge, in other factors
      that have materially affected, or are reasonably likely to materially affect,
      these controls and procedures subsequent to the date GlobeTrac carried out
      this
      evaluation.





***Page
          - 14***


**PART
      II - OTHER INFORMATION**





**Item
      1. Legal Proceedings.**





GlobeTrac
      is not a party to any pending legal proceedings and, to the best of GlobeTrac’s
      knowledge, none of GlobeTrac’s assets are the subject of any pending legal
      proceedings.





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





During
      the quarter of the fiscal year covered by this report, (i) GlobeTrac did not
      modify the instruments defining the rights of its shareholders, (ii) no rights
      of any shareholders were limited or qualified by any other class of securities,
      and (iii) GlobeTrac did not sell any unregistered equity securities.





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





During
      the quarter of the fiscal year covered by this report, no material default
      has
      occurred with respect to any indebtedness of GlobeTrac. Also, during this
      quarter, no material arrearage in the payment of dividends has
      occurred.





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





No
      matter
      was submitted to a vote of security holders through the solicitation of proxies
      or otherwise, during the quarter of the fiscal year covered by this
      report.





**Item
      5. Other Information.**





During
      the quarter of the fiscal year covered by this report, no information was
      required to disclosed in a report on Form 8-K, which was not
      reported.





**Item
      6. Exhibits.**





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





All
      Exhibits required to be filed with the Form 10-QSB are incorporated by reference
      to GlobeTrac’s previously filed Form SB-2 and Form 10-KSB.





**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**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
   ***Page
            - 15***
   **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**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**99.1**
              Code
                  of Ethics filed as an exhibit to GlobeTrac’s Form 10-KSB filed on April
                  15, 2003, and incorporated herein by reference.
              Filed














**SIGNATURES**





In
      accordance with the requirements of the Securities Exchange Act of 1934,
      GlobeTrac has caused this report to be signed on its behalf by the undersigned
      duly authorized person.





**GLOBETRAC
      INC.**




*By:
      /s/ Jim Pratt*      ******


Name:  **Jim
      Pratt**


Title **:**  **Director
      and CEO**


Dated:  **November
      14, 2005**








*By:
      /s/ John daCosta*      ******


Name:  **John
      daCosta**


Title **:**  **CFO**


Dated:  **November
      14, 2005**





***Page
          - 16***







**Exhibit
      31**










***Page
          - 17***




**GLOBETRAC
      INC.**


**CERTIFICATIONS
      PURSUANT TO**




**SECTION
      302 OF THE SARBANES-OXLEY ACT OF 2002**






**CERTIFICATION**






I,
      Jim
      Pratt, certify that:




1.
 
      I have reviewed this quarterly report on Form 10-QSB of GlobeTrac Inc.;




2.
      Based
      on my knowledge, this quarterly report does not contain any untrue statement
      of
      a material fact or omit to state a material fact necessary to make the
      statements made, in light of the circumstances under which such statements
      were
      made, not misleading with respect to the period covered by this report;




3.
      Based
      on my knowledge, the financial statements, and other financial information
      included in this report, fairly present in all material respects the financial
      condition, results of operations and cash flows of the small business issuer
      as
      of, and for, the periods presented in this report;




4.
      The
      small business issuer’s other certifying officer(s) and I are responsible for
      establishing and maintaining disclosure controls and procedures (as defined
      in
      Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial
      reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the
      small business issuer and have:




(a)
      Designed such disclosure controls and procedures, or caused such disclosure
      controls and procedures to be designed under our supervision, to ensure that
      material information relating to the small business issuer, including its
      consolidated subsidiaries, is made known to us by others within those entities,
      particularly during the period in which this report is being prepared;




(b)
      Designed such internal control over financial reporting, or caused such internal
      control over financial reporting to be designed under our supervision, to
      provide reasonable assurance regarding the reliability of financial reporting
      and the preparation of financial statements for external purposes in accordance
      with generally accepted accounting principles;




(c)
      Evaluated the effectiveness of the small business issuer’s disclosure controls
      and procedures and presented in this report our conclusions about the
      effectiveness of the disclosure controls and procedures, as of the end of the
      period covered by this report based on such evaluation; and




(d)
      Disclosed in this report any change in the small business issuer’s internal
      control over financial reporting that occurred during the small business
      issuer’s most recent fiscal quarter (the small business issuer’s fourth fiscal
      quarter in the case of an annual report) that has materially affected, or is
      reasonably likely to materially affect, the small business issuer’s internal
      control over financial reporting; and




5.
      The
      small business issuer’s other certifying officer(s) and I have disclosed, based
      on our most recent evaluation of internal control over financial reporting,
      to
      the small business issuer’s auditors and the audit committee of the small
      business issuer’s board of directors (or persons performing the equivalent
      functions):




(a)
      All
      significant deficiencies and material weaknesses in the design or operation
      of
      internal control over financial reporting which are reasonably likely to
      adversely affect the small business issuer’s ability to record, process,
      summarize and report financial information; and




(b)
      Any
      fraud, whether or not material, that involves management or other employees
      who
      have a significant role in the small business issuer’s internal control over
      financial reporting.






Date:
      November 14, 2005






*/s/
      Jim Pratt*


Jim
      Pratt


Chief
      Executive Officer




***Page
          - 18***




**GLOBETRAC
      INC.**


**CERTIFICATIONS
      PURSUANT TO**


**SECTION
      302 OF THE SARBANES-OXLEY ACT OF 2002**






**CERTIFICATION**






I,
      John
      daCosta, certify that:




1.
 
      I have reviewed this quarterly report on Form 10-QSB of GlobeTrac Inc.;




2.
      Based
      on my knowledge, this quarterly report does not contain any untrue statement
      of
      a material fact or omit to state a material fact necessary to make the
      statements made, in light of the circumstances under which such statements
      were
      made, not misleading with respect to the period covered by this report;




3.
      Based
      on my knowledge, the financial statements, and other financial information
      included in this report, fairly present in all material respects the financial
      condition, results of operations and cash flows of the small business issuer
      as
      of, and for, the periods presented in this report;




4.
      The
      small business issuer’s other certifying officer(s) and I are responsible for
      establishing and maintaining disclosure controls and procedures (as defined
      in
      Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial
      reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the
      small business issuer and have:




(a)
      Designed such disclosure controls and procedures, or caused such disclosure
      controls and procedures to be designed under our supervision, to ensure that
      material information relating to the small business issuer, including its
      consolidated subsidiaries, is made known to us by others within those entities,
      particularly during the period in which this report is being prepared;




(b)
      Designed such internal control over financial reporting, or caused such internal
      control over financial reporting to be designed under our supervision, to
      provide reasonable assurance regarding the reliability of financial reporting
      and the preparation of financial statements for external purposes in accordance
      with generally accepted accounting principles;




(c)
      Evaluated the effectiveness of the small business issuer’s disclosure controls
      and procedures and presented in this report our conclusions about the
      effectiveness of the disclosure controls and procedures, as of the end of the
      period covered by this report based on such evaluation; and




(d)
      Disclosed in this report any change in the small business issuer’s internal
      control over financial reporting that occurred during the small business
      issuer’s most recent fiscal quarter (the small business issuer’s fourth fiscal
      quarter in the case of an annual report) that has materially affected, or is
      reasonably likely to materially affect, the small business issuer’s internal
      control over financial reporting; and




5.
      The
      small business issuer’s other certifying officer(s) and I have disclosed, based
      on our most recent evaluation of internal control over financial reporting,
      to
      the small business issuer’s auditors and the audit committee of the small
      business issuer’s board of directors (or persons performing the equivalent
      functions):




(a)
      All
      significant deficiencies and material weaknesses in the design or operation
      of
      internal control over financial reporting which are reasonably likely to
      adversely affect the small business issuer’s ability to record, process,
      summarize and report financial information; and




(b)
      Any
      fraud, whether or not material, that involves management or other employees
      who
      have a significant role in the small business issuer’s internal control over
      financial reporting.






Date:
      November 14, 2005






*/s/
      John daCosta*


John
      daCosta


Chief
      Financial Officer




***Page
          - 19***







**Exhibit
      32**







***Page
          - 20***




**CERTIFICATION
      PURSUANT TO**


**18
      U.S.C. SECTION 1350,**


**AS
      ADOPTED PURSUANT TO**


**SECTION
      906 OF THE SARBANES-OXLEY ACT OF 2002**






In
      connection with the Quarterly Report of GlobeTrac Inc. (“GlobeTrac”) on Form
      10-QSB for the period ending June 30, 2005 as filed with the Securities and
      Exchange Commission on the date hereof (the “Report”), I, Jim Pratt, President,
      Chief Executive Officer of GlobeTrac and a member of the Board of Directors,
      certify, pursuant to s.906 of the Sarbanes-Oxley Act of 2002, that:




(1)
        The Report fully complies with the requirements of section 13(a) or 15(d)
      of the Securities Exchange Act of 1934; and




(2)
        The information contained in the Report fairly represents, the financial
      condition and result of operations of GlobeTrac.











*/s/
      Jim Pratt*


Jim
      Pratt


Chief
      Executive Officer




November
      14, 2005









***Page
          - 21***








**CERTIFICATION
      PURSUANT TO**


**18
      U.S.C. SECTION 1350,**


**AS
      ADOPTED PURSUANT TO**


**SECTION
      906 OF THE SARBANES-OXLEY ACT OF 2002**






In
      connection with the Quarterly Report of GlobeTrac Inc. (“GlobeTrac”) on Form
      10-QSB for the period ending September 30, 2005 as filed with the Securities
      and
      Exchange Commission on the date hereof (the “Report”), I, John daCosta,
      Secretary, Treasurer, and Chief Financial Officer of GlobeTrac, certify,
      pursuant to s.906 of the Sarbanes-Oxley Act of 2002, that:




(1)
        The Report fully complies with the requirements of section 13(a) or 15(d)
      of the Securities Exchange Act of 1934; and




(2)
        The information contained in the Report fairly represents, the financial
      condition and result of operations of GlobeTrac.








*/s/
      John daCosta*


John
      daCosta


Chief
      Financial Officer






November
      14, 2005







***Page
          - 22***