UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 10-QSB

|(Mark One)                                                                                        
|--------------------------------------------------------------------------------------------------
|[X]    
	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
	EXCHANGE ACT
	OF 1934
|For the quarterly period ended: June 30, 2005                                                     
|                                                                                                  
|Or                                                                                                
|                                                                                                  
|[  ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
	EXCHANGE ACT OF 1934   
|For the transition period from ____________ to _____________                                      
|                                                                                                  
|Commission File Number: 000-50709                                                                 
|                                                                                                  
|GLOBAL-E INVESTMENTS, INC.                                                                        
|(Exact name of registrant as specified in its charter)                                            
|                                                                                                  
|Nevada                                                                                            
|(State or other jurisdiction of incorporation or organization)                                    
|                                                                                                  
|2925 North 67th Place
Scottsdale, Arizona                                                         
|(Address of principal executive offices)                                                          
|                                                                                                  
|(480) 945-2232                                                                                    
|(Registrant's telephone number, including area code)                                              
|                                                                                                  
|                                                                                                  
|(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.

Yes [X] No [   ]



APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

Yes [   ] No [   ]



APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 6,800,000











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GLOBAL-E INVESTMENTS, INC.

(A Development Stage Company)





Table of Contents



Page



Unaudited Financial Statements                                                                                                               
3



Balance Sheet                                                                                                                                    
4



Statements of Operations                                                                                                                 
5



Statements of Cash Flows                                                                                                                
6



Notes                                                                                                                                                  
7



Management's Discussion and Plan of Operation                                                                                  
8



Controls and Procedures                                                                                                                          
9



PART II
- OTHER INFORMATION                                                                                                      
10



Other Information                                                                                                                                   
11



Exhibits and Reports on Form 8-K                                                                                                       
12



SIGNATURES                                                                                                                                        
13













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PART I
- FINANCIAL INFORMATION



Unaudited Financial Statements



The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial reporting and pursuant to the rules and regulations of the Securities and Exchange Commission ("Commission").  While these statements reflect all normal recurring adjustments which are, in the opinion of management, necessary for fair presentation of the results of the interim period, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.  For further information, refer to the financial statements and footnotes thereto, which are included in the Company's Annual Report on Form 10-KSB previously filed with the Commission on February 28, 2005, and subsequent amendments made thereto.



























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Global-E Investments, Inc.

(a Development Stage Company)

Balance Sheet

(Unaudited)



|                                                    | June 30,
|--------------------------------------------------- | --------
|                                                    | 2005    
|Assets                                              |         
|                                                    |         
|Current assets:                                     |         
|Cash                                                | $5,309  
|Total current assets                                | 5,309   
|                                                    |         
|Fixed assets, net                                   | 3,406   
|                                                    |         
|                                                    | $8,715  
|                                                    |         
|Liabilities and Stockholders' Equity                |         
|                                                    |         
|Current liabilities                                 | $-      
|                                                    |         
|Stockholders' equity:                               |         
|Common stock, $0.001 par value, 100,000,000 shares  |         
|authorized, 6,800,000 shares issued and outstanding | 6,800   
|Additional paid-in capital                          | 44,850  
|(Deficit) accumulated during development stage      | (42,935)
|                                                    | 8,715   
|                                                    |         
|                                                    | $8,715  







The Accompanying Notes are an Integral Part of These Financial Statements.













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Global-E Investments, Inc.

(a Development Stage Company)

Statements of Operations

(Unaudited)



|                                                    |                     |                   | January 31, 2001
|--------------------------------------------------- | ------------------- | ----------------- | ----------------
|                                                    | Three Months Ending | Six Months Ending | (Inception) to  
|                                                    | June 30,            | June 30,          | June 30,        
|                                                    | 2005                | 2004              | 2005            
|                                                    |                     |                   |                 
|Revenue                                             | $-                  | $-                | $-              
|                                                    |                     |                   |                 
|Operating expenses:                                 |                     |                   |                 
|General and administrative expenses                 | 902                 | 8,237             | 17,789          
|General and administrative expenses - related party | -                   | -                 | -               
|Depreciation                                        | 181                 | -                 | 202             
|Total expenses                                      | 1,083               | 8,237             | 17,991          
|                                                    |                     |                   |                 
|(Loss) before provision for income taxes            | (1,083)             | (8,237)           | (17,991)        
|                                                    |                     |                   |                 
|Provision for income taxes                          | -                   | -                 | (45)            
|                                                    |                     |                   |                 
|Net (loss)                                          | $(1,083)            | $(8,237)          | $(18,036)       
|                                                    |                     |                   |                 
|Weighted average number of                          |                     |                   |                 
|common shares outstanding - basic and fully diluted | 6,800,000           | 6,800,000         | 6,800,000       
|                                                    |                     |                   |                 
|Net (loss) per share - basic and fully diluted      | $(0.00)             | $(0.00)           | $(0.00)         







The Accompanying Notes are an Integral Part of These Financial Statements.









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Global-E Investments, Inc.

(a Development Stage Company)

Statements of Cash Flows

(Unaudited)



|                                                      |                   | January 31, 2001
|----------------------------------------------------- | ----------------- | ----------------
|                                                      | Six Months Ending | (Inception) to  
|                                                      | June 30,          | June 30,        
|                                                      | 2005              | 2004            
|Cash flows from operating activities                  |                   |                 
|Net (loss)                                            | $(18,036)         | $(12,820)       
|Adjustments to reconcile net (loss) to cash (used) by |                   |                 
|operating activities:                                 |                   |                 
|Shares issued for services                            | -                 | -               
|Depreciation                                          | 202               | -               
|Changes in operating assets and liabilities:          |                   |                 
|Decrease in accounts receivable                       | 5,000             | -               
|Net cash (used) by operating activities               | (12,834)          | (12,820)        
|                                                      |                   |                 
|Cash flows from investing activities                  |                   |                 
|Purchase of fixed assets                              | (3,195)           | -               
|Net cash (used) by investing activities               | (3,195)           | -               
|                                                      |                   |                 
|Cash flows from financing activities                  |                   |                 
|Issuance of common stock                              | -                 | 37,500          
|Net cash provided by financing activities             | -                 | 37,500          
|                                                      |                   |                 
|Net increase (decrease) in cash                       | (16,029)          | 24,680          
|Cash - beginning                                      | 21,338            | 2,618           
|Cash - ending                                         | $5,309            | $27,298         
|                                                      |                   |                 
|Supplemental disclosures:                             |                   |                 
|Interest paid                                         | $-                | $-              
|Income taxes paid                                     | $-                | $-              
|                                                      |                   |                 
|Non-cash transactions:                                |                   |                 
|Shares issued for services                            | $-                | $-              
|Number of shares issued for services                  | -                 | -               







The Accompanying Notes are an Integral Part of These Financial Statements.







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Global-E Investments, Inc.

(a Development Stage Company)

Notes





Note 1 - Basis of presentation



The interim financial statements included herein, presented in accordance with United States generally accepted accounting principles and stated in US dollars, have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission.  Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading.



These statements reflect all adjustments, consisting of normal recurring adjustments, which, in the opinion of management, are necessary for fair presentation of the information contained therein.  It is suggested that these consolidated interim financial statements be read in conjunction with the financial statements of the Company for the year ended December 31, 2004 and notes thereto included in the Company's 10-KSB annual report.  The Company follows the same accounting policies in the preparation of interim reports.



Results of operations for the interim periods are not indicative of annual results.



Note 2 - Going concern



The accompanying financial statements have been prepared assuming the Company will continue as a going concern.  As shown in the accompanying financial statements, the Company has incurred a net loss of ($42,935) for the period from January 31, 2001 (inception) to June 30, 2005, and had minimal sales of $10,000.  The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its new business opportunities.  Some of the shareholders of the Company have agreed to provide funds as a loan over the next twelve-month period, as necessary.  However, the Company is entirely dependent upon its ability, and will continue to attempt, to secure equity and/or debt financing.  There are no assurances that the Company will be successful in obtaining any such financing.  Without sufficient funds, it would be unlikely for the Company to continue as a going concern.  The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence



These conditions raise substantial doubt about the Company's ability to continue as a going concern.  These financial statements do not include any adjustments that might arise from this uncertainty.



Note 3 - Related party transactions



The Company does not lease or rent any property.  Office services are provided without charge by a director.  Such costs are immaterial to the financial statements and, accordingly, have not been reflected therein.  The officers and directors of the Company are involved in other business activities and may, in the future, become involved in other business opportunities.  If a specific business opportunity becomes available, such persons may face a conflict in selecting between the Company and their other business interests.  The Company has not formulated a policy for the resolution of such conflicts.









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Global-E Investments, Inc.

(a Development Stage Company)

Notes







Note 4
- Fixed assets



Fixed assets consists of the following:



|                              | June 30, 2005
|----------------------------- | -------------
|                              |              
|Equipment                     | $ 3,614      
|                              |              
|Less accumulated depreciation | (209)        
|                              |              
|Total                         | $ 3,406      



Depreciation expense totaled $202 and $0 for the six months ended June 30, 2005 and 2004, respectively.



Note 5
- Subsequent Events



On July 18, 2005, the Company entered into an asset purchase agreement with NowAuto, Inc., a Nevada corporation, whereby the Company will purchase all of the assets of NowAuto, Inc. and its wholly-owned subsidiaries Navicom, Inc. and Sunburst Car Company, Inc.



In exchange for the assets of NowAuto, the Company shall issue to NowAuto 8,157,661 shares of $0.001 par value common stock of the Company.  Concurrently, on the closing date, the present officers of the Company, or an entity controlled by them or under their common control, will acquire all of the golf-related assets and liabilities of the Company, for which these officers and director will return an aggregate of 5,250,00 shares of the Company currently in their possession.  Pursuant to the asset purchase agreement, at closing, NowAuto shall own approximately 84.03% of the issued and outstanding common stock of the Company.



Upon consummation of the agreement, the Company will change its name from Global-e Investments, Inc. to NowAuto, Inc. and NowAuto's existing management will assume their same positions.



















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Management's Discussion and Plan of Operation



Forward-Looking Statements



This Quarterly Report contains forward-looking statements about Global-E Investments, Inc.'s business, financial condition and prospects that reflect management's assumptions and beliefs based on information currently available.  We can give no assurance that the expectations indicated by such forward-looking statements will be realized.  If any of our management's assumptions should prove incorrect, or if any of the risks and uncertainties underlying such expectations should materialize, Global-E's actual results may differ materially from those indicated by the forward-looking statements.



The key factors that are not within our control and that may have a direct bearing on operating results include, but are not limited to, acceptance of our services, our ability to expand our customer base, managements' ability to raise capital in the future, the retention of key employees and changes in the regulation of our industry.



There may be other risks and circumstances that management may be unable to predict.  When used in this Quarterly Report, words such as,  "believes,"  "expects," "intends,"  "plans,"  "anticipates,"  "estimates"and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions.



Management's Discussion and Plan of Operation



We were incorporated on January 31, 2001, and have not yet fully begun our planned principal operations.  Our efforts to date have focused primarily on formation and organization of our company, obtaining seed capital and setting for a business plan.



On July 18, 2005, we entered into an asset purchase agreement with NowAuto, Inc., a Nevada corporation, whereby we will purchase all of the assets of NowAuto, Inc.  As a result of this transaction, we will cease our golf-related operations and pursue the business of NowAuto, Inc., and its wholly-owned subsidiaries Sunburst Car Company, Inc., which operates four auto dealerships in the Southwest, and Navicom, Inc., a GPS Tracking Tier I provider.



We generated no revenues in the periods ended June 30, 2005 and 2004.  Our total revenues since inception were $10,000.



Total expenses for the three months ended June 30, 2005 were $1,083, consisting of general and administrative expenses and depreciation.  For the three months ended June 30, 2004, we incurred general and administrative expenses in the amount of $8,237.  Expenses for the year to date were $17,991, as opposed to $12,820 in the prior year.  Total expenses since our inception to June 30, 2005 were $52,891, of which $48,532 is accredited to general and administrative, $4,150 was paid to related parties and classified as general and administrative expenses and $209 was incurred in depreciation expense.



As a result of our expenses and level of revenues, we have incurred net losses since our inception.  For the three months ended June 30, 2005 and 2004, our net losses were $1,083 and $8,237, respectively.  During the six months ended June 30, 2005 we incurred a net loss of $18,036, while we had a net loss of $12,820 in the prior year.  From the date of our inception to June 30, 2005, we had a cumulative deficit of $42,935.



We believe that our cash on hand as of June 30, 2005 of $5,309 is not sufficient to continue operations for the next at least 12 months unless we are able to generate significant revenues or obtain additional capital infusions.  We currently do not have any recurring financial obligations that require immediate capital to finance.  We may need to raise additional capital by issuing equity or debt securities in exchange for cash within the next 12 months.  There can be no assurance that we will be able to secure additional funds in the future to stay in business.  Our principal accountants have expressed substantial doubt about our ability to continue as a going concern because we have limited operations and have not commenced planned principal operations.















-9-





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There are no known trends, events or uncertainties that have had or that are reasonably expected to have a material impact on our revenues from continuing operations.  In light of the asset purchase agreement with NowAuto, we no longer intend to pursue our golf-related activities.  As a result, we believe that the results of our operations set forth in this quarterly report are not indicative of our future prospects and new business model.

Our management does not expect to incur research and development costs.

We currently do not own any significant plant or equipment that we would seek to sell in the near future.

We have not paid for expenses on behalf of our director.  Additionally, we believe that this fact shall not materially change.

We have no plans to seek a business combination with another entity in the foreseeable future.

Our management does not anticipate the need to hire additional full- or part-time employees over the next 12 months.





Controls and Procedures



Within 90 days prior to the date of filing of this report, we carried out an evaluation, under the supervision and with the participation of our officers and directors, including our Chief Executive Officer and Chief Financial Officer, of the design and operation of our disclosure controls and procedures.  Based on this evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that our disclosure controls and procedures are ineffective for the gathering, analyzing and disclosing the information we are required to disclose in the reports we file under the Securities Exchange Act of 1934, within the time periods specified in the SEC's rules and forms.  There have been no significant changes in our internal controls or in other factors that could significantly affect internal controls subsequent to the date of this evaluation.



Our management does not expect that our disclosure controls or internal controls over financial reporting will prevent all errors or all instances of fraud.  A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the control system's objectives will be met.  Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs.  Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within our company have been detected.  These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake.  Because of the inherent limitation of a cost-effective control system, misstatements due to error or fraud may occur and not be detected.















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PART II
- OTHER INFORMATION





Other Information





Effective July 18, 2005 Global-e Investments, Inc., a Nevada corporation (the
"Issuer" or "GEIV"), consummated an asset purchase agreement (the "Agreement") with NowAuto, Inc., a Nevada corporation engaged primarily in the retail sales of used automobiles and through its subsidiaries Sunburst Car Company, Inc. and Navicom,
Inc., both of which are Arizona corporations, is also engaged in the development
of software and other technologies in support of its retail sales and sales
price collection activities (collectively referred to hereinafter as "NowAuto").  The material terms and conditions contained in the asset purchase agreement are set forth herein.



On the closing date of the agreement (the
"Closing"), NowAuto shall sell, transfer and assign to GEIV all of the assets and liabilities owned by NowAuto or in which NowAuto has any rights, title or interest.  As a result of the purchase of all of its assets, NowAuto will cease to operate its business as a sole and separate entity.



In exchange for the assets of NowAuto, GEIV shall issue to NowAuto 8,157,661 shares of $0.001 par value common stock of GEIV (the
"Shares"), which NowAuto shall acknowledge as fair, just and reasonable compensation for the purchased assets.  The Shares shall be
"restricted securities," as that term is defined in Paragraph (a)(3) of Rule 144, under the Securities Act of 1933, as amended (the "Securities Act").  Concurrently, on the closing date, the present officers of GEIV, or an entity controlled by them or under their common control, will acquire all of the golf-related assets and liabilities of GEIV, for which these officers and director will return an aggregate of 5,250,00 shares of GEIV in their possession.



As a result of the foregoing, following the Closing the capitalization of GEIV is anticipated to be as follows:



|                                               | Shares    | % of Total
|---------------------------------------------- | --------- | ----------
|                                               |           |           
|Owned by current GEIV officers and directors   | 50,000    | 0.52%     
|Owned by GEIV shareholders                     | 1,500,000 | 15.45%    
|Owned by NowAuto                               | 8,157,661 | 84.03%    
|                                               |           |           
|Total Issued and Outstanding GEIV common stock | 9,707,661 | 100.00%   



Pursuant to the asset purchase agreement, at closing, GEIV shall issue to NowAuto 8,157,661 shares of its common stock, representing 84.03% of the outstanding GEIV common stock upon consummation of the Agreement, in exchange for all of the assets of NowAuto.  The consideration set forth in the Agreement was determined as a result of arm's-length negotiations between the parties.



Closing of the Agreement is subject to approval of the Agreement by the Board of Directors of both companies.













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Exhibits and Reports on Form 8-K





|Exhibit Number                                                                                                                                                            | Name and/or Identification of Exhibit                                             
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------
|                                                                                                                                                                          |                                                                                   
|2                                                                                                                                                                         | Asset Purchase Agreement                                                          
|                                                                                                                                                                          |                                                                                   
|3                                                                                                                                                                         | Articles of Incorporation & By-Laws                                               
|                                                                                                                                                                          |                                                                                   
|                                                                                                                                                                          | (a) Articles of Incorporation *                                                   
|                                                                                                                                                                          |                                                                                   
|                                                                                                                                                                          | (b) By-Laws adopted *                                                             
|                                                                                                                                                                          |                                                                                   
|31                                                                                                                                                                        | Rule 13a-14(a)/15d-14(a) Certifications                                           
|                                                                                                                                                                          |                                                                                   
|                                                                                                                                                                          | (a) Jamie Kerr                                                                    
|                                                                                                                                                                          |                                                                                   
|                                                                                                                                                                          | (b) John Shaffer                                                                  
|                                                                                                                                                                          |                                                                                   
|                                                                                                                                                                          |                                                                                   
|32                                                                                                                                                                        | Certification under Section 906 of the Sarbanes-Oxley Act (18 U.S.C. Section 1350)
|                                                                                                                                                                          |                                                                                   
|                                                                                                                                                                          |                                                                                   
|*  Incorporated by reference herein filed as exhibits to the Company's Registration Statement on Form 10-SB, as amended, previously filed with the SEC on April 28, 2004.























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SIGNATURES





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







|GLOBAL-E INVESTMENTS, INC.
|--------------------------
|(Registrant)              
|                          
|Signature                 
|                          
|/s/ Jamie Kerr            
|Jamie Kerr                



















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