----

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

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

| Nevada                                                              |   | 42-1758825                              |
|---------------------------------------------------------------------|--------|-----------------------------------------|
| (State      or other jurisdiction of incorporation or organization) |   | (IRS      Employer Indentification No.) |

|   |   |
|--------|--------|

|   | Large      Accelerated filer o | Accelerated      filer o |
|--------|--------------------------------|--------------------------|

|   | Non-accelerated      filer o (Do      not check if a smaller reporting company) | Smaller      reporting company x |
|--------|---------------------------------------------------------------------------------|----------------------------------|

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----

|                                                                            |                                                                                                                                                                                                                           | March      31,                                 |                   | December      31,                                    |
|---------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------|------------------------|------------------------------------------------------|
|                                                                            |                                                                                                                                                                                                                           | 2008                                           |                   | 2007                                                 |
| Assets:                                                                         |                                                                                                                                                                                                                           | (Unaudited)                                    |                   |                                                 |
|    Cash      and cash equivalents                                |                                                                                                                                                                                                                           | $      1,434,633 |                   | $       1,090,703 |
|    Accounts      Receivable                                      |                                                                                                                                                                                                                           | 250,627                                        |                   | 36,971                                               |
|    Prepaid      expenses                                         |                                                                                                                                                                                                                           | 533,089                                        |                   | 510,838                                              |
|     Inventory                                               |                                                                                                                                                                                                                           | 985,655                                        |                   | 226,323                                              |
|     Other                                                   |                                                                                                                                                                                                                           | 266,180                                        |                   | 166,117                                              |
|          Total      Current Assets |                                                                                                                                                                                                                           | 3,470,184                                      |                   | 2,030,952                                            |
|                                                                            |                                                                                                                                                                                                                           |                                           |                   |                                                 |
|    Tangible      assets, net                                     |                                                                                                                                                                                                                           | 3,059,765                                      |                   | 3,077,723                                            |
|                                                                            |                                                                                                                                                                                                                           |                                           |                   |                                                 |
|    Intangible      property - patents, licenses                  |                                                                                                                                                                                                                           | 2,953                                          |                   | 2,787                                                |
|                                                                            |                                                                                                                                                                                                                           |                                           |                   |                                                 |
|       Total      Assets                           |                                                                                                                                                                                                                           | $  6,532,902                         |                   | $       5,111,462 |
|                                                                            |                                                                                                                                                                                                                           |                                           |                   |                                                 |
|                                                                            | Liabilities      and Stockholders’ Deficit                                                                                                                                                                               |                                           |                   |                                                 |   |
|                                                                            | Liabilities:                                                                                                                                                                                                                   |                                           |                   |                                                 |   |
|                                                                            |    Bank      line of credit                                                                                                                                                                                     |                                           | 328,108                |                                                 | 126,028 |
|                                                                            |    Accounts      payable and accrued liabilities                                                                                                                                                                |                                           | 2,675,663              |                                                 | 2,416,857 |
|                                                                            |    Customer      advances                                                                                                                                                                                       |                                           | 528,837                |                                                 | - |
|                                                                            |    Capital      leases payable                                                                                                                                                                                  |                                           | 919,200                |                                                 | 744,000 |
|                                                                            |    Convertible      debentures                                                                                                                                                                                  |                                           | 100,000                |                                                 | 100,000 |
|                                                                            |    Due      to stockholders                                                                                                                                                                                     |                                           | 100,397                |                                                 | 100,397 |
|                                                                            |       Total      Current Liabilities                                                                                                                                                             |                                           | 4,652,205              |                                                 | 3,487,282 |
|                                                                            |                                                                                                                                                                                                                           |                                           |                   |                                                 |   |
|                                                                            |     Deferred      revenue                                                                                                                                                                                  |                                           | -                      |                                                 | 875,000 |
|                                                                            |     Deferred      gain                                                                                                                                                                                     |                                           | 863,901                |                                                 | 894,420 |
|                                                                            |     Capital      leases                                                                                                                                                                                    |                                           | 3,551,122              |                                                 | 2,046,577 |
|                                                                            |                                                                                                                                                                                                                           |                                           |                   |                                                 |   |
|                                                                            |        Total      Liabilities                                                                                                                                                               |                                           | 9,067,228              |                                                 | 7,303,279 |
|                                                                            |                                                                                                                                                                                                                           |                                           |                   |                                                 |   |
|                                                                            | Stockholders'      Deficit:                                                                                                                                                                                                    |                                           |                   |                                                 |   |
|                                                                            |   Commo      Stock, par value $.001, authorized 100,000,000 shares,    issued      68,785,437 and 68,785,437 at March 31, 2008 and at    December      31, 2007 respectively |                                           |   68,786     |                                                 |   68,786 |
|                                                                            |   Paid-in      capital                                                                                                                                                                                               |                                           | 4,178,490              |                                                 | 4,178,490 |
|                                                                            |   Retained      deficit                                                                                                                                                                                              |                                           | (2,529,269)            |                                                 | (2,102,740) |
|                                                                            |   Deficit      accumulated during the development stage                                                                                                                                                              |                                           | (4,472,953)            |                                                 | (4,472,953) |
|                                                                            |      Other      comprehensive income                                                                                                                                                                  |                                           | 220,620                |                                                 | 136,600 |
|                                                                            |      Total      Stockholders' Deficit                                                                                                                                                                 |                                           | (2,534,326)            |                                                 | (2,191,817) |
|                                                                            |                                                                                                                                                                                                                           |                                           |                   |                                                 |   |
|                                                                            |        Total      Liabilities and Stockholders' Deficit                                                                                                                                     |                                           | $  6,532,902 |                                                 | $     5,111,462 |

----

|                                                         | For      the Three Months Ended                                                                         |   |
|--------------------------------------------------------------|---------------------------------------------------------------------------------------------------------|--------|
|                                                         | March      31,                                                                                          |   |
|                                                         | 2008                                                                                                    |   | 2007 |   |
|                                                         |                                                                                                    |   |   |   |
| Revenues                                                     | $              35,620             |   | $               3,960 |   |
| Costs      of sales                                          | 3,305                                                                                                   |   | - |   |
|                                                         |                                                                                                    |   |   |   |
| Gross      profit                                            | 32,315                                                                                                  |   | 3,960 |   |
|                                                         |                                                                                                    |   |   |   |
| Expenses:                                                    |                                                                                                    |   |   |   |
|     Stock      option benefit            | -                                                                                                       |   | - |   |
|     Consulting                           | 31,623                                                                                                  |   | 28,302 |   |
|     Depreciation      & amortization | 861                                                                                                     |   | - |   |
|     General      and administrative      | 262,305                                                                                                 |   | 230,585 |   |
| Total      expenses                                          | 294,789                                                                                                 |   | 258,887 |   |
|                                                         |                                                                                                    |   |   |   |
| Operating      Loss                                          | (262,474)                                                                                               |   | (254,927) |   |
|                                                         |                                                                                                    |   |   |   |
| Other      Income (Expense):                                 |                                                                                                    |   |   |   |
|     Other      expense                   | (170,391)                                                                                               |   | (16,669) |   |
|     Other      income                    | 6,336                                                                                                   |   | 13,424 |   |
| Total      Other Income (Expense)                            | (164,055)                                                                                               |   | (3,245) |   |
|                                                         |                                                                                                    |   |   |   |
| Net      Loss                                                | (426,529)                                                                                               |   | (258,172) |   |
|                                                         |                                                                                                    |   |   |   |
| Foreign      Currency Adjustment                             | 84,020                                                                                                  |   | (161,354) |   |
|                                                         |                                                                                                    |   |   |   |   |
| Comprehensive      Loss                                      | $          (342,509)                                  |   | $     (419,526) |   |
|                                                         |                                                                                                    |   |   |   |
| Loss      per Share, Basic & Diluted                     | $                (0.01) |   | $              (0.01) |   |
|                                                         |                                                                                                    |   |   |   |
| Weighted      Average Shares Outstanding                     | 68,785,437                                                                                              |   | 61,664,946 |   |

----

|                                                                          |   | For      the Three Months Ended |
|-------------------------------------------------------------------------------|--------|---------------------------------|
|                                                                          |   | March      31,                  |
|                                                                          |   | 2008                            |   | 2007 |
| CASH      FLOWS FROM OPERATING ACTIVITIES:                                    |
| Net  Loss      for the Period                                       |   | $                               | (426,529) |   | $ | (258,172) |
| Adjustments      to reconcile net loss to net cash                            |   |                            |   |   |   |   |
|   provided      by operating activities:                            |   |                            |   |   |   |   |
|      Depreciation      and amortization              |   |                            | 861 |   |   | 6,290 |
|      Common      stock issued for services           |   |                            | - |   |   | 29,974 |
|      Deferred      Gain                              |   |                            | (30,519) |   |   | - |
| Changes      in Operating Assets and Liabilities                              |   |                            |   |   |   |   |
|      Increase      (decrease) in accounts payable    |   |                            | 258,806 |   |   | 174,387 |
|      (Increase)      decrease in inventory           |   |                            | (759,332) |   |   | (28,412) |
|      (Increase)      decrease in prepaids            |   |                            | (22,251) |   |   | 6,546 |
|      (Increase)      decrease in accounts receivable |   |                            | (213,656) |   |   | 42,226 |
|      Increase      (decrease) customer advances      |   |                            | 528,837 |   |   | - |
|      Other      receivable                           |   |                            | (100,063) |   |   | - |
| Net      cash used in operating activities                                    |   |                            | (763,846) |   |   | (27,161) |
|                                                                          |   |                            |
| CASH      FLOWS FROM INVESTING ACTIVITIES:                                    |
|       Patents      / licenses/assets            |   |                            | - |   |   | (1,222) |
| Net      Cash Used in Investing Activities                                    |   |                            | - |   |   | (1,222) |
|                                                                          |   |                            |
| CASH      FLOWS FROM FINANCING ACTIVITIES:                                    |
|      Payment      to Goldner                         |   |                            | - |   |   | (282,623) |
|      Proceeds      from stockholder loans            |   |                            | - |   |   | 41,305 |
|      Term      loans                                 |   |                            | 202,080 |   |   | 75,339 |
|      Proceeds      from private placements           |   |                            | - |   |   | 181,000 |
|      Capital      lease obligation                   |   |                            | 821,676 |   |   | - |
| Net      Cash Provided by Financing Activities                                |   |                            | 1,023,756 |   |   | 15,021 |
|                                                                          |   |                            |   |   |   |   |
| Effect      of Exchange rate on cash                                          |   |                            | 84,020 |   |   | (5,960) |
|                                                                          |   |                            |   |   |   |   |
| Net      (Decrease) Increase in Cash                                          |   |                            | 343,930 |   |   | (19,322) |
| Cash      at Beginning of Period                                              |   |                            | 1,090,703 |   |   | 71,628 |
|                                                                          |   |                            |   |   |   |   |
| Cash      at End of Period                                                    |   | $                               | 1,434,633 |   | $ | 52,306 |
|                                                                          |   |                            |   |   |   |   |
| SUPPLEMENTAL      INFORMATION                                                 |   |                            |   |   |   |   |
| Cash      paid for Interest                                                   |   | $                               |  114,959 |   | $ | 16,669 |
| Cash      paid for income taxes                                               |   | $                               |  - |   | $ | - |

----

----

----

| Name      and Position                      | Shares      Issued | Salary,      Fees and Expenses Settled                                                 |
|---------------------------------------------|--------------------|----------------------------------------------------------------------------------------|
|                                        |               |                                                                                   |
| Officers:                                   |               |                                                                                   |
|                                        |               |                                                                                   |
| Donald      Sampson, President and Director | 4,188,657          | $             146,603 |
| Theodor      Hennig, CFO and Director       | 2,818,714          | 98,655                                                                                 |
|                                        |               |                                                                                   |
| Other      Consultants                      | 2,620,457          | 91,716                                                                                 |

----

| ·   | elimination      of manual separation; |
|--------------------|----------------------------------------|

| ·   | reduction      in end product and accompanying reduction in transportation and disposal      cost; |
|--------------------|----------------------------------------------------------------------------------------------------|

| ·   | energy      efficient thermal treatment; and |
|--------------------|----------------------------------------------|

| ·   | minimal      environmental impact due to reduced end product and no harmful discharge      to the environment. |
|--------------------|----------------------------------------------------------------------------------------------------------------|

----

| §   | GT      100 – a stationary sterlization unit with a processing capacity of      approximately 220 pounds of waste material per hour with dimensions of      approximately 8 feet (length), 5 feet (depth) and 6 feet      (height).  Waste is fed into GT 100 units manually or by an      optional semi-automatic feedsystem. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | GT      300 – a stationary sterilization unit with a processing capacity of      660 pounds of waste material per hour with dimensions of approximately 20      feet (length), 8 feet (depth) and 10 feet (height).  Waste is      fed into GT 300 units manually or by an optional semi-automatic feed      system. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| Exhibit      Number |   | Title      of Document                                                        |
|---------------------|--------|-------------------------------------------------------------------------------|
| 31.1                |   | Certification      Pursuant to Section 302 of the Sarbanes-Oxley Act of  2002 |
| 31.2                |   | Certification      Pursuant to Section 302 of the Sarbanes-Oxley Act of  2002 |
| 32.1                |   | Certification      Pursuant to Section 906 of the Sarbanes-Oxley Act of  2002 |
| 32.2                |   | Certification      Pursuant to Section 906 of the Sarbanes-Oxley Act of  2002 |

|                                       |   | Globetech      Environmental, Inc.                   |
|--------------------------------------------|--------|------------------------------------------------------|
|                                       |   |                                                 |
|                                       |   |                                                 |
| Date:  August      8, 2008       |   | By:  /s/  Donald      Sampson    |
|                                       |   | Donald      Sampson                                  |
|                                       |   | President      and Director                          |
|                                       |   | (Principal      Executive Officer)                   |
|                                       |   |                                                 |
| Date:   August      8, 2008 |   | By:  /s/  Theodor      Hennig    |
|                                       |   | Theodor      Hennig                                  |
|                                       |   | Chief      Financial Officer, Secretary and Director |
|                                       |   | (Principal      Financial Officer)                   |

----