<PAGE> 2                      
                           UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C. 20549

                          FORM 10-QSB

[X]   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
      OF THE SECURITIES AND EXCHANGE ACT OF 1934
For the Quarter ended April 30, 1998

[ ]   TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE 
      EXCHANGE ACT
For the transition period 			 to 			

Commission file number     -    0-25614

                GLOBUS CELLULAR, LTD.
                (formerly Globus Cellular & User Protection, Ltd.)
          (Exact name of Small Business Issuer in its charter)

	NEVADA	                                       88-0228274
(State or other jurisdiction of	                  (I.R.S. Employer
incorporation or organization)  	                 Identification No.)


	1980 Windsor Road
	Kelowna, British Columbia, Canada	                V1Y 4R5	
	(Address of principal executive offices)	      (Zip Code)

Registrant's Telephone number, including area code:    (604) 860-3130

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 and Exchange 
Act of 1934 during the preceding twelve months (or such shorter period that 
the Registrant was required to file such reports), and (2) has been subject 
to 
file such filing requirements for the past thirty days.

Yes    x      No	
      -------        --------

Indicate the number of shares outstanding of each of the issuer's classes of 
common stock, as of the close of the period covered by this report:

                7,260,998 Shares of Common Stock ($.001 par value)
                           (Title of Class)

Transitional Small Business Disclosure Format (check one):      
Yes             No     x
      ---------       --------	  










<PAGE> 3
                        GLOBUS CELLULAR, LTD.



PART I:	Financial Information

	ITEM 1 - Financial statements

	ITEM 2 - Management's' discussion and analysis of 
	financial condition and results of operations

PART II:	Other Information

	ITEM 6 - Exhibits and Reports on Form 8-K










<PAGE> 4
                                            PART I

Item 1. Financial Statements:

                     Globus Cellular and User Protection Ltd.
                                 Balance Sheet
                                April 30, 1998
<TABLE>
<CAPTION>
                     ASSETS
     <S>                                               <C>

Current assets:
  Cash                                            $   146,191
  Accounts receivable, trade                            1,142
  Accounts receivable, other                           11,430
  Inventories                                          60,534
  Prepaid expenses                                     29,868
  Prepaid expenses - related party                          -
                                                  -----------
      Total current assets                            249,166

Property and equipment, at cost, less
  accumulated depreciation of $34,893                  57,121

Other assets                                           21,482
                                                  -----------
                                                  $   327,769
                                                  ===========

      LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
  Accounts payable                                $    16,123
  Loans from stockholders                             108,148
                                                  -----------
      Total current liabilities                       124,272


Stockholders' equity:
 Preferred stock, $.001 par value,
  20,000,000 shares authorized,                             -
 Common stock, $.001 par value,
  100,000,000 shares authorized,
7,260,998 shares issued and
  outstanding                                           7,261
 Additional paid-in capital                         3,404,881
 Stock subscriptions                                        -
 Foreign exchange adjustment                          (24,039)
 (Deficit)                                         (3,184,604)
                                                  -----------
                                                      203,497
                                                  -----------
                                                  $   327,769
                                                  ===========

</TABLE>



See accompanying notes to financial statements.





<PAGE> 5

                            Globus Cellular, Ltd.
                          Statements of Operations
             Three Months and Six Months Ended April 30, 1998 and 1997

<TABLE>
<CAPTION>
                                      Three Months   Three Months     Six Months     Six Months                                     
                                         Ended          Ended          Ended          Ended
                                       April 30,      April 30,      April 30,      April 30,
                                         1998           1997           1998           1997
                                       --------       --------       --------       --------
  <S>                                     <C>            <C>            <C>           <C> 
Sales                                  $ 15,160      $ 29,378       $ 34,428       $ 59,854    
Cost of sales                             9,461        22,948         41,164         19,243      
                                      ---------      --------       --------       --------
Gross profit (loss)                      24,621        48,621         45,267         79,097

Other costs and expenses:
 Cost of Sales                            5,787        22,948         21,365         41,164
 General and administrative             180,464       202,820        410,393        444,885       
 Research and development                16,002         7,645         27,043         19,186         
                                      ---------      --------       --------       --------
                                        202,253       210,465        458,801        464,071       
                                      ---------      --------       --------       --------
Income (loss) from operations          (177,632)     (204,035)      (413,535)      (445,381) 

Other income and (expense):
Interest expense                         (5,551)         (948)        (8,350)        (2,249) 
                                       --------      --------       --------       --------
                                         (5,551)         (948)        (8,350)        (2,249)
                                       --------     ---------       --------       --------
Income (loss) before income taxes      (183,183)     (185,740)      (421,885)      (428,387) 
Provision for income tax 
                                       ---------    ---------       --------       --------
  Net income (loss)                  $ (183,183)   $ (185,740)   $ (421,885)     $ (428,387)
                                     ===========   ==========    ===========     
==========

Earnings (loss) per share:
 Net income (loss)                   $    (0.03)  $     (0.05)    $   (0.06)    $    (0.11)
                                     ===========  ===========    ===========    
===========

 Weighted average shares outstanding  7,235,985     4,046,954      7,174,309     3,999,671      
                                    ===========   ===========    ===========    
===========

</TABLE>




See accompanying notes to financial statements.






<PAGE> 6

                                  Globus Cellular, Ltd.
                                Statements of Cash Flows
                       Six Months Ended April 30, 1998 and 1997
<TABLE>
<CAPTION>

                                                   Six Months     Six Months
                                                      Ended          Ended
                                                    April 30,      April 30,
                                                      1998           1997
                                                    --------       --------
    <S>                                                 <C>           <C>

Net cash provided by (used in)
 operating activities                            $  (174,203)   $   (77,166)


Cash flows from investing activities:
  Purchase of equipment                              (38,462)       (16,906)
                                                  -----------    -----------
  Net cash provided by (used in)
   financing activities                              (38,462)       (16,906)

Cash flows from financing activities:
  Common stock sold for cash                          59,199         27,823
  Increase (repayment) of officer loans                    -         58,559
Repayment of officer loans                           (49,476)             -
                                                  -----------    -----------
  Net cash provided by (used in)
   financing activities                                9,723         86,382
                                                  -----------    -----------
Increase (decrease) in cash                         (202,942)        (7,690)
Cash and cash equivalents,
 beginning of period                                 349,133         40,009
                                                  -----------    -----------
Cash and cash equivalents,
 end of period                                   $   146,191     $   32,319
                                                  ===========    ===========
</TABLE>





See accompanying notes to financial statements.





<PAGE> 7

                    Globus Cellular, Ltd.
                Notes to Financial Statements


Basis of presentation

The accompanying condensed unaudited financial statements have been prepared 
in accordance with generally accepted accounting principles for interim 
financial information and with the instructions to Form 10-QSB. Accordingly, 
they do not include all of the information and footnotes required by 
generally accepted accounting principles for complete financial statements. 
In the opinion of management, all adjustments (consisting of normal recurring 
adjustments) considered necessary for a fair presentation have been included.

The results of operations for the periods presented are not necessarily 
indicative of the results to be expected for the full year. The accompanying 
financial statements should be read in conjunction with the Company's form 
10-KSB filed for the year ended October 31, 1997.

Income (loss) per share was computed using the weighted average number of 
common shares outstanding.

During the period ended April 30, 1998, the Company issued 118,185 shares of 
its common stock pursuant to a registration statement of Form S-8.    The 
shares issued were valued at $85,193 based on quoted market prices at the 
date the shares were authorized for issuance.   Additionally during the 
period, the Company issued 59,500 shares of its restricted common stock for 
services provided to the Company valued at $27,784, completed the private 
sale of 72,500 shares of restricted common stock for net cash proceeds of 
$50,949, and issued 50,000 shares of restricted common stock pursuant to the 
exercise of stock options for which the Company received $8,250 in cash.

During the period ended April 30, 1998, the Company continued to amortize 
unpaid stock subscriptions for shares issued in prior periods for future 
services.   An aggregate of $72,690 of consulting services and directors 
compensation is included in general and administrative expense for the 
quarter.









<PAGE> 8

                    GLOBUS CELLULAR, LTD.

PART I (cont.)

Item 2. Management's Discussion and Analysis of Financial 
Condition and Results of Operations:

Capital Resources and Liquidity.

During the period ended April 30, 1998, the Company issued 118,185 shares of 
its common stock pursuant to a registration statement of Form S-8.    The 
shares issued were valued at $85,193 based on quoted market prices at the 
date the shares were authorized for issuance.   Additionally during the 
period, the Company issued 59,500 shares of its restricted common stock for 
services provided to the Company valued at $27,784, completed the private 
sale of 72,500 shares of restricted common stock for net cash proceeds of 
$50,949, and issued 50,000 shares of restricted common stock pursuant to the 
exercise of stock options for which the Company received $8,250 in cash.   
For the six months ended April 30, 1998, the Company repaid $49,476 in 
officer loans.  As a result, net cash provided by financing activities for 
the six months ended April 30, 1998 was $9,723

During the period ended April 30, 1998, the Company continued to amortize 
unpaid stock subscriptions for shares issued in prior periods for future 
services.   An aggregate of $72,690 of consulting services and directors 
compensation is included in general and administrative expense for the 
quarter.

During the six months ended April 30, 1997, two of the Company's officers 
agreed to forego cash payments for salary and technology lease payments 
accrued during the quarter in exchange for common stock of the Company.  The 
restricted shares to be issued to the officers in lieu of cash payments of 
$101,250 were valued at $.22 per share, an amount equal to one-half of the 
bid price for the Company's common stock on the date the transaction was 
approved by the Company's board of directors.  Additionally one of the 
officers received 110,720 shares of restricted common stock for services 
rendered during the second quarter of the current fiscal year and for 
payment of other amounts due him.  The aggregate value of the stock issued 
was $23,930.

During the quarter ended April 30, 1997, the Company sold its interest the 
building used for its office and warehouse activities to its president.  The 
Company recorded a gain from the transaction of $5,604.  Corresponding 
reductions of mortgage indebtedness of $60,960 and amounts due its president 
of $33,205 were recorded in connection with the transaction.  The Company 
plans to lease the facility from its president at market rates.

During the period ended April 30, 1997, the Company issued 1,823 shares of 
its common stock pursuant to the exercise of warrants for cash aggregating 
$1,823.  Also, options to purchase 100,000 shares of the Company's common 
stock issued to an officer during the year ended October 31, 1995 were 
exercised for cash consideration to the Company aggregating $26,000.

For the six months ended April 30, 1998, the Company purchased equipment 
valued at $38,462 resulting in net cash used in investing activities of 
$38,462.

The Company acquired plant and equipment valued at $16,906 for the period 
ended April 30, 1997.   This resulted in net cash used in investing 
activities of $16,906.  

The Company does not anticipate purchasing any additional plant or 
significant equipment and does not expect any significant changes in the 
number of its employees, nor does Company expect to perform any material 
product research and development during the next twelve (12) months.

Long-term liquidity will be dependent on anticipated future revenue.   
Additionally, the Company shall pursue a registration of its Common Shares 
and Class "A" Warrants and will, in part, rely on the subsequent exercise of 
said Warrants.   Any additional funds raised and any revenues received from 
sale of Company's products will enable Company to expand its plan of 
operations by increasing its production and expanding its product line.

The Company is not presently aware of any known trends, events or 
uncertainties that may have a material impact on net sales, revenues or 
income from its operations.  However, Company's product is new in the market 
and there are not assurances it can be marketed successfully and/or 
profitably.





<PAGE> 9


Results of Operations.	

The Company experienced a net loss from operating activities of $413,535 for 
the six months ended April 30, 1998.   Total Sales were $34,428 for the six 
months ended April 30, 1998 and decreased from $79,097 for the six months 
ended April 30, 1997.   Cost of Sales, however, were $21,365 and $41,164 for 
the same periods, respectively.   No CUP products were sold during the 
periods presented.    Substantial selling, general and administrative 
expenses of $410,393 were incurred for the six months ended April 30, 1998 
due to the Company's increased operations compared to $444,885 for the same 
period in 1996.   Selling, general and administrative expenses consisted 
primarily of  accounting of $14,504, consulting expense of $168,375, Freight 
of $2,428, legal fees of $25,447, office expense of $8,023, promotion expense 
of $27,749, rent expense of $5,410, technology lease expense of $60,000, 
telephone expense of $3,812, travel of $14,990, wages of $51,419, 
professional fees of $1,844 and other expenses of $26,392.  The Company 
expended $27,043 and $19,186 on  research and development expenses for the 
six months ended April 30, 1998 and April 30, 1997, respectively.

The Company experienced a net loss from operating activities of $445,381 for 
the six months ended April 30, 1997.   Total Sales were $59,854 for the six 
months ended April 30, 1997 and did not vary significantly from the 1996 
amount.   Cost of Sales, however, were $41,164 and $31,663 for the same 
periods, respectively. No CUP products were sold during the periods 
presented.    Substantial selling, general and administrative expenses of 
$444,885 were incurred for the six months ended April 30, 1997 due to the 
Company's increased operations. Selling, general and administrative expenses 
consisted primarily of  accounting of $6,033, consulting expense of $214,131, 
freight of $5,534, legal fees of $21,062, office expense of $4,845, promotion 
expense of $7,051, rent expense of $3,201, technology lease expense of 
$61,958, telephone expense of $5,407, travel of $10,322, wages of $32,529 and 
other expenses of $72,812. The Company expended $19,186 and $4,590 on 
research and development expenses for the six months ended April 30, 1997 and 
April 30, 1996, respectively.








<PAGE>10

                 GLOBUS CELLULAR, LTD.

PART II


Item 6. Exhibits and Reports on Form 8-K  

	(a)	Exhibits (numbered in accordance with Item 601 of 
		Regulation S-K)

		None

	(b)	Reports on Form 8-K
		
		None










 


                       SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly caused this report to be signed on its behalf by the 
undersigned thereunto duly authorized.




Date:	June 16, 1998		 	/s/  Dr. Paul F. Bickert
                                             -------------------------------
		
					Dr. Paul F. Bickert, President