UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

[X]  ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934
     For the fiscal year ended 12/31/07

                      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: 333-133961

Globalink, Ltd.
--------------------------------------------
(Exact name of registrant as specified in its charter)


        NEVADA                              Not applicable
----------------------                  ----------------------
(State or other jurisdiction              (I.R.S. Employer
of incorporation or organization         Identification Number)

#202 - 426 Main Street Vancouver, B.C.   V6A 2T0
---------------------------------------------------
(Address of principal executive offices, Zip Code)

(Registrant's telephone number, including area code) (604) 828-8822


Securities registered pursuant to Section 12(b) of the Act:  None
Securities registered pursuant to Section 12(g) of the Act:  Common
Stock, $.001 par value

Indicate by check mark if the registrant is a well-known seasoned
issuer, as defined by Rule 405 of the Securities Act.
[ ] Yes  [x] No

Indicate by check mark is the registrant is not required to file
reports pursuant to Section 13 or 15(d) of the Act.  [ ] Yes  [x] No

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 checkmark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K (229.405 of this chapter) is not contained
herein, and will not be contained, to the best of registrant's
knowledge, indefinitive proxy or information statements incorporated by
reference in Part III of this Form 10-K or any amendment to this Form
10-K.  [x]

<PAGE>2

Indicate by checkmark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company.

Large accelerated filer  [ ]          Accelerated filer          [ ]
Non-accelerated filer    [ ]          Smaller reporting company  [x]

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

Globalink revenues for its most recent fiscal year were $0.00.  The
market value of Globalink's voting common stock held by non-affiliates
of Globalink was approximately $0.00.

The number of shares outstanding of Globalink's only class of common
stock, as of December 31, 2007 and February 29, 2008 was 4,557,000
shares and 4,557,000 shares of its common stock, respectively.

No documents are incorporated into the text by reference.




<PAGE>3

PART I

ITEM 1.  BUSINESS

General

Globalink has not had any operations since inception.  Globalink was
incorporated in Nevada on February 3, 2006.

Operations

Globalink intends to develop and operate an internet hotel booking
website to provide online hotel booking services for travel agencies,
leisure and small business travelers.  This hotel booking website will
feature traveler oriented interfaces which will allow travel agencies
and travelers to make reservation for the hotel accommodation online.
The site will provide easy access to the description of the hotel and
real time rates with availability of access 24 hours a day and 7 days a
week.  The customers can book and confirm their hotel rooms
instantaneously from anywhere in the world.  This hotel booking website
will offer one-stop updated hotel booking and reservation services.

The peak season in hotel booking is from November to March and from
July to September every year.

We will first attract the local customers and hotel suppliers to our
Internet hotel booking web site.  We will provide a vendor marketplace
for the hotel vendors to log in and allow them to post their available
hotel rooms & prices on the website.  An interface will be provided to
each hotel listing their rooms with us so that the hotel management can
upload daily the latest rates and latest availability of rooms onto the
website.

To encourage more hotels to utilize this website, we will waive the
membership fee for the hotels to join into this network.  We will only
charge approximately 10% commission from the hotels if the booking
transaction takes place in this hotel booking web site.

The customer and business travelers will be able to login to the
website to search for the hotel room availability, real-time pricing,
hotel information, hotel reservation, and hotel confirmation.  Each
customer will have their own account to keep track of his travel
information.

The web site will provide special hot deals and travel packages to the
customers.  For the return customers, the award points will be earned
and credited to their accounts.  Discount voucher and free hotel room
will be awarded when their points reach the reward level.

In order to make our web site a comfortable place for the customers and
hotel vendors to use, we will build an underlying technology
infrastructure that enables the transactions through our websites to be
processed in a quick, reliable, scalable and secure environment.


<PAGE>4

   Competition.  The online commerce market, particularly over the
Internet, is new, rapidly evolving and intensely competitive, and we
expect that the competition will intensify in the future.  Barriers to
entry are minimal, and current and new competitors can launch new
websites at a relatively low cost.  We believe while we currently may
have disadvantages in this market, the growth of this market is able to
allow us to take a market share if we can maintain reliable, fast
response, and quality service to our customers and hotel suppliers.

We will compete on the basis of ease of use, pricing and customer
preference.  Our competitors are well established, substantially larger
and have substantially greater market recognition, greater resources
and broader capabilities than we have.  There can be no assurance that
we will be able to compete successfully against current and future
competitors, and competitive pressures faced by Globalink may have a
material adverse effect on our business, prospects, financial condition
and results of operations.

Marketing Strategy

Our objective is to make this internet hotel booking web site to gain a
market presence and become one of the leading online hotel booking web
sites in local and international markets with time.

In order to achieve our objective, we need to meet the following events
or milestones in the next twelve months:

   -  We must complete the internet hotel booking web site within six
months.  The activities include purchasing and putting into place the
necessary electronic infrastructure to support our website; developing
the software and programs to operate both our website and our referral
database; and testing and fine tuning the functionality of our website.

   -  We must promote our website. We will pursue an aggressive brand
awareness strategy which includes a substantial advertising presence in
the media, such as newsprints, online media, and radio and television
as well as public billboards. We need to attract an increasingly number
of customers to use our web site.

   -  Another major crucial factor to make this web site a success is
the strong relationship with the hotel suppliers.  We will work closely
with the hotel suppliers to give us input to design the easy tools to
facilitate suppliers' entry of pricing, availability and description
information directly into our marketplace.

We intend to first sign up at least few hotel suppliers to use our
hotel booking website after the completion of site.  Our directors and
officers have contacted a few hotel suppliers locally to solicit their
interests in using our hotel booking web site.  Although we have had
preliminary discussions with a few suppliers who had shown interest in
our project and although they could materially affect our operations,
we currently do not have any affiliation or contractual obligations
with these suppliers.  We cannot be certain whether any of these
companies will use our services.

<PAGE>5

We plan to place the underlying infrastructure and functionality to our
websites.  The stability of the backbone of the website is important to
prevent and minimize the down-time of the web site.  Any down-time may
cause us to loss the customers and the confidence of the hotel
suppliers.  It will substantially affect the company and may impair our
operation.  We will also establish a reliable system to verify the
transaction order, providing a comfortable place for the customers and
the hotel suppliers to use.

For the first year of operation, the marketing costs will depend on the
amount of funding raised in this offering.  Management is of the
opinion that we will need to raise $625,000 to achieve net income
producing operations.  To achieve brand awareness, we intend to
allocate the following amounts:

   -   If $625,000 is raised, we will allocate $125,000 for
market and advertising which will consist of minimal local
exposure through billboards, television and radio spots, news
media and travel magazines.

   -   If $1,250,000 is raised, we will allocate $300,000 for
market and advertising which will consist of local exposure
through billboards, television and radio spots, news media and
travel magazines.  Additionally, we can launch separate marketing
schemes to different populated cities, not necessarily in the
same country.

   -   If $2,500,000 is raised, we will allocate $563,000 for
marketing and brand exposure which will include local exposure
through billboards, television and radio spots, news media and
travel magazines.  Additionally, we will launch separate
marketing schemes to one or two affluent cities outside of the
United States.

   -   If the total offering amount is raised, we will allocate
$1,200,000 for marketing and brand exposure which will include
local exposure through billboards, television and radio spots,
news media and travel magazines.  Additionally, we will increase
our brand awareness in additional cities

Employees

We presently have no full-time employees and no part-time employees.
We intend to enter into employment agreements with our officers.  Terms
and conditions of these agreements have not yet been determined.

Reports to Security Holders

We are a fully reporting company under the requirements of the Exchange
Act, and will file the necessary quarterly and other reports with the
Securities and Exchange Commission.  Although we are not required to
deliver our annual or quarterly reports to security holders, we would
be pleased to forward this information to security holders upon
receiving a written request to receive such information. The reports

<PAGE>6

and other information filed by us will be available for inspection and
copying at the public reference facilities of the Securities and
Exchange Commission located at 100 F Street, N.E., Washington, D.C.
20549.

Copies of such material may be obtained by mail from the Public
Reference Section of the Securities and Exchange Commission at 100 F
Street, N.E., Washington, D.C. 20549, at prescribed rates.

Information on the operation of the Public Reference Room may be
obtained by calling the SEC at 1-800-SEC-0330.  In addition, the
Commission maintains a World Wide Website on the Internet at:
http://www.sec.gov that contains reports, proxy and information
statements and other information regarding registrants that file
electronically with the Securities and Exchange Commission.  Globalink
is an electronic filer and our filings are available on the EDGAR
system.

ITEM 2. PROPERTIES

Our executive offices of approximately 600 square feet are located at
426 Main Street, 2nd Floor, Vancouver, B.C., V6A 2T4.  We have a signed
sublease for the property with the main tenant with freedom to vacate
as desired.

ITEM 3.   LEGAL PROCEEDINGS.

Globalink management is aware of no pending or threatened litigation.
During the fourth quarter of the fiscal year ended December 31, 2007,
Globalink was not a party to any legal proceedings.


ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

During the fourth quarter of the fiscal year ended December 31, 2007,
no matters were submitted to a vote of Globalink's security holders,
through the solicitation of proxies.



<PAGE>7

PART II

ITEM 5.  MARKET FOR COMPANY'S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

Market Information.  Our common stock is listed on the NASDAQ bulletin
board under the symbol GOBK as of December 20, 2007 and the first trade
was made on March 6, 2008.

The approximate number of holders of record of Globalink's $.001 par
value common stock, as of December 31, 2007 and February 28, 2008 was
62 shareholders.

Dividends.  Holders of Globalink's common stock are entitled to receive
such dividends as may be declared by its board of directors.  No
dividends on Globalink's common stock have ever been paid, and
Globalink does not anticipate that dividends will be paid on its common
stock in the foreseeable future.

Item 6.  SELECTED FINANCIAL DATA.

The Statements of Operations for the years ended December 31, 2007,
2006 and the Balance Sheet date as of December 2007 are derived from
our audited Financial Statements appearing elsewhere in this Annual
Report on Form 10-K.

The information set forth below is not necessarily indicative of
results of future operations, and should be read in conjunction with
Item 7, "Management's Discussion and Analysis of Financial Condition
and Results of Operations" and the Financial Statements and related
notes thereto included in Item 9 of this Form 10-K to fully understand
factors that may affect the comparability of the information presented
below.
                                               Years Ended
                                      December 31,      December 31,
                                          2007              2006
                                      ------------      ------------
Statement of Operations Data:
Total revenue                          $      24          $      45
Total operating expense                   30,468            130,556
                                       ---------          ---------
Net income (loss)                      $ (30,445)         $(130,511)

Basic and diluted net loss
  per common share                     $   (0.01)         $   (0.03)
                                       =========          =========
Balance Sheet Data (at period end):
Current assets                         $  81,077          $  23,805
Fixed assets                              13,465                  -
Total assets                           $  94,542          $  23,805
Total Liabilities                         27,298              6,816
Net Equity                             $  67,244          $  16,989



<PAGE>8

Cash Flow Data:
Net cash flows provided by (used in):
  Operating activities                 $ (29,239)         $(130,511)
  Investing activities                 $ (14,670)         $       -
  Financial activities                 $ 101,182          $  51,816

ITEM 7.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS

Trends and Uncertainties.  We are a development stage company.  Our
auditors have raised substantial doubt as to our ability to continue as
a going concern.  We have experienced a significant loss from
operations from inception aggregating $(160,956) and have limited
working capital and stockholders equity of $67,244 at December 31,
2007.  In addition, we have no significant revenue generating
operations.

Our ability to continue as a going concern is contingent upon our
ability to secure additional financing, increase ownership equity and
attain profitable operations.  In addition, our ability to continue as
a going concern must be considered in light of the problems, expenses
and complications frequently encountered in established markets and the
competitive environment in which we operate.

We are pursuing financing for our operations and seeking additional
investments and we will need a minimum of $315,000 over the next twelve
months to continue operations.  For the year ended December 31, 2007,
we sold 807,000 common shares at $.10 pursuant to our recent public
offering.  In addition, we are seeking to expand our revenue base by
adding new customers and increasing our marketing and advertising.
Failure to secure such financing or to raise additional equity capital
and to expand its revenue base may result in Globalink depleting our
available funds and not being able to pay our obligations.

There are several known trends that are reasonably likely to have a
material effect on our net sales or revenues alongside our income from
continuing operations and profitability.

We expect to experience significant fluctuations in our future
operating results due to a variety of factors, many of which are
outside our control. Factors that may adversely affect our quarterly
operating results include but are not limited to:
   - Our ability to develop and complete the hotel booking website.
   - Our ability to attract customer to use our web site and maintain
user satisfaction;
   - Our ability to attract hotel suppliers to post their hotel rooms
in our web site.
   - Our ability to maintain our projected 10% commission profit from
the hotel suppliers.
   - Our ability to hire and train qualified personnel.
   - Our ability to resolve any technical difficulties and system
downtime or Internet disconnection.
- Governmental regulations on use of Internet as a tool to conduct
business transaction.
- Change of customer's acceptance to use Internet to book hotel rooms.

<PAGE>9

We may also incur losses for the foreseeable future due to costs and
expenses related to:
- The implementation of our hotel booking web site business
model;
- Marketing and other promotional activities;
- Competition
- The continued development of our website;
- High cost to maintain the hotel booking web site, and
- Hiring and training new staff for customer services.

We cannot be sure that we will be successful in addressing these risks
and uncertainties and our failure to do so could have a materially
adverse effect on our financial condition.  In addition, our operating
results are dependent to a large degree upon factors outside of our
control.  There are no assurances that we will be successful in
addressing these risks, and failure to do so may adversely affect our
business.

Capital and Source of Liquidity.

All of Globalink's operating capital has either been advanced by
current shareholders or from proceeds for the issuance on common
shares.

For the year ended December 31, 2007, Globalink received advances from
shareholders of $20,482 and proceeds from the sale of common shares of
$80,700.  As a result, Globalink had net cash from financing activities
of $101,182 for the year ended December 31, 2007

For the year ended December 31, 2006, Globalink received
advances from shareholders of $6,816 and proceeds from the sale
of common shares of $35,000.  As a result, Globalink had net
cash from financing activities of $41,816 for the year ended
December 31, 2006.

For the year ended December 31, 2007, Globalink acquired
capital assets of $14,670 resulting in cash flows used in
investing activities of $14,670.  Comparatively, for the year
ended December 31, 2006, Globalink did not pursue any investing
activities.

Results of Operations

For the year ended December 31, 2007, Globalink did not receive
any revenues from operations.  The net loss for the period was
$(30,445).  The expenses of $30,468 consisted mainly of
management and directors' fees valued at transfer agent cost of
$10,334, consulting fees of $2,500 and of basic operating
expenses spent to set up business operations and the
administrative, legal and accounting expenses necessary to
complete filings with the Securities and Exchange Commission.



<PAGE>10

For the year ended December 31, 2006, Globalink did not receive
any revenues from operations.  The net loss for the period was
$130,511.  The expenses of $130,556 consisted mainly of
management and directors' fees valued at $112,500 and of basic
operating expenses spent to set up business operations and the
administrative, legal and accounting expenses necessary to
proceed with a public offering.

We are currently working on the hotel booking website.  The initial
structure and preliminary functions are done.  More work will be
required before the site can be used and tested.  Actual hotel listings
will need to be incorporated.

Plan of Operation.  Globalink has experienced a loss from operations
during its development stage as a result of its investment necessary to
achieve its operating plan, which is long-range in nature. At December
31, 2007, Globalink incurred a deficit accumulated during the
development stage of $(160,956).  In addition, Globalink has no
significant assets or revenue generating operations.

We only have sufficient cash on hand to meet funding requirements for
the next three to six months.  We do not have sufficient cash on hand
to meet funding requirements for the next twelve months.  Although we
eventually intend to primarily fund general operations with revenues
received from the sale of common shares, we do not expect to receive
any revenues sufficient to cover our monthly expenses in the near
future.  We do not intend to issue any additional common shares for
payment to officers and directors in the next twelve months.

We will have to seek alternative funding through additional advances,
debt or equity financing in the next twelve months that could result in
increased dilution to the shareholders.  No specific terms of possible
equity or debt financing have been determined or pursued.

For the time being, the directors of Globalink will continue to
financially support Globalink, if necessary, through the SEC
registration process.  However, there have not been any written
commitments that the directors will continue to support the company
through this stage.

Management is of the opinion that the following milestones will need to
be met in order to successfully develop our web site and the generation
of revenues.
<TABLE>
Milestone                            Steps                         Timeline

                                    <c>                             <c>

Complete website            purchase and putting in place           4-6 months
                          necessary electronic infrastructure
                          to support website

                            developing software and programs
                          operate website and referral database



<PAGE>11

                          testing and fine tuning functionality
                            ob website

Market website             pursue aggressive brand awareness        3 months
                            Through advertising                 after completion
                                                                   of website

Develop relationship       approach and work with hotel            6-9 months
With hotel suppliers       suppliers to give input on
                           design to facilitate suppliers
                           entry of pricing, availability
                           and description information directly
                           into our marketplace
</TABLE>
Other than the second milestone, no one milestone needs to be complete
to pursue any other milestone.

In order to successfully implement our business plan, we need to first
sign up at least few hotel suppliers to use our hotel booking website
after the completion of site. Our directors and officers have contacted
a few hotel suppliers locally to solicit their interests in using our
hotel booking web site.  Based on their meetings and discussions with
these travel suppliers, we believe that some of them will use our
website.

We plan to place the underlying infrastructure and functionality to our
websites.  The stability of the backbone of the website is important to
prevent and minimize the down-time of the web site.  Any down-time may
cause us to loss the customers and the confidence of the hotel
suppliers.  It will substantially affect the company and may impair our
operation.  We will also establish a reliable system to verify the
transaction order, providing a comfortable place for the customers and
the hotel suppliers to use.

ITEM 7A.  Quantitative and Qualitative Disclosures About Market Risk.

Globalink does not have any significant market risk exposures.



<PAGE>12

ITEM 8.    FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA


GLOBALINK CORP.
Index to
Financial Statements

                                                              Page
                                                           ----------

Report of Independent Registered Public Accounting Firm           8

Balance Sheet at December 31, 2007                                9

Statements of Operations for the years ended
 December 31, 2007 and 2006                                      10

Statement of Changes in Stockholders' Equity
 for the years ended December 31, 2007 and 2006                  11

Statements of Cash Flows for the years ended
 December 31, 2007 and 2006                                      12

Notes to Financial Statements                                    13



<PAGE>13
THOMAS J. HARRIS
CERTIFIED PUBLIC ACCOUNTANT
3901 STONE WAY N., SUITE 202
SEATTLE, WA  98103
206.547.6050

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Board of Directors
GLOBALINK, LTD.
Vancouver, B.C., Canada

We have audited the balance sheets of GLOBALINK LTD. a development
stage company, as at DECEMBER 31, 2007, the statements of earnings and
deficit, stockholders' deficiency and cash flows for the period from
inception February 3, 2006 to DECEMBER 31, 2007. Theses financial
statements are the responsibility of the company's management. Our
responsibility is to express an opinion on these financial statements
based on our audit.

We conducted our audit in accordance with generally accepted auditing
standards accepted in the United States of America.  Those standards
require that we plan and perform an audit to obtain reasonable
assurance whether the financial statements are free of material
misstatement.  An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements.  An
audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the
overall financial statement presentation.  We believe that our audit
provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present
fairly, in all material respects, the financial position of GLOBALINK,
LTD a development stage company, as of December 31, 2007 and the
results of its operations and its cash flows for the period then ended
in conformity with generally accepted accounting principles accepted in
the United States of America.


The accompanying financial statements have been prepared assuming that
the company will continue as a going concern.  As discussed in Note 2,
the company's significant operating losses, working capital deficiency
and need for new capital raise substantial doubt about its ability to
continue as a going concern. The financial statements do not include
any adjustments that might result from the outcome of this uncertainty.

As explained in Note 1 to these financial statements management has
elected to revalue the stock given to officers and directors for
services.  This revaluation has been accounted for as a correction of
an error and they have been restated as shown in the note 1.  We concur
in this restatement.

/s/Thomas J. Harris, CPA

Thomas J Harris, CPA
February 25, 2008

<PAGE>13
Globalink, Ltd.
(A Development Stage Company)
Balance Sheet
December 31, 2007
(Expressed in U.S. Dollars)

ASSETS
Current assets:
  Cash                                                      $  81,077
  Accounts Receivable, Shareholders                                 -
                                                            ---------
    Total current assets                                       81,077
                                                            ---------

FIXED ASSETS:
  Furniture & Equipment                                           500
     Accumulated Depreciation                                     (25)
  Computer & equipments                                        14,170
     Accumulated Depreciation                                  (1,181)
                                                           ----------
    NET                                                        13,465

TOTAL ASSETS                                                $  94,542
                                                            =========


LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
  Accounts payable                                                  -
                                                            ---------
    Total current liabilities                                       -
                                                            ---------

OTHER LIABILITIES:
  Advances from Shareholders                                   27,298
                                                            ---------
    Total other liabilities                                    27,298
                                                            ---------

TOTAL LIABILITIES                                              27,298
                                                            =========
STOCKHOLDERS' EQUITY:
  Common stock, $.001 par value, 100,000,000 shares
   authorized, 4,557,000 shares issue and outstanding           4,557
  Paid-in Surplus                                             223,643
  Deficit accumulated during the development stage           (160,956)
                                                            ---------
    Total Stockholders' Equity                                 67,244

TOTAL LIABILITIES & STOCKHOLDERS' EQUITY                    $  94,542
                                                            =========


See accompanying notes

<PAGE>4

GLOBALINK, LTD.
(A Development Stage Company)
Statement of Earnings and Deficit
For The Period from January 1, 2007 to December 31, 2007
And Accumulated During the Development Stage
(Expressed in U.S. Dollars)
<TABLE>


                          For the Years             Accumulated
                         Ended December 31,          During the
                        2007         2006        Development stage
                       ----------   ----------   ------------------

                      <c>          <c>                <c>
Revenue
  Sales                  $     -      $     -           $     -
  Other income                 -            -                 -
  Interest income             24           45                69
                         -------      -------          --------
                              24           45                69

Cost of Goods Sold             -            -                 -
                         -------      -------          --------

Gross Margin                  24           45                69
                         -------      -------         ---------
Expenses
  Accounting and legal
    fees                  $ 9,801     $  9,522          $19,323
  Advertising                   -          585              585
  Bad debts                     -            -                -
  Computers and
    Accessories                 -        1,339            1,339
  Consulting fees           2,500            -            2,500
  Depreciation              1,206            -            1,206
  Foreign exchange
    (gain) loss              (150)           -             (150)
  Management and
    directors' fees             -      112,500                -
  Meals and Entertainment      22          411              433
  Office and general          546          225              771
  Promotion                     -            -                -
  Property Acquisition
    Costs                       -            -                -
  Rent and Hydro            5,289        4,294            9,583
  Telephone and internet      102          354              456
  Travel                      479            -              479
  Transfer Fees             2,634          667            1,146
  Stock security fee
    (Transfer Agent cost)  10,334            -           10,334
  SEC Fees                    340          662            1,002
                         --------    ---------        ---------
                         $ 30,468     $130,556         $161,024
                         --------    ---------        ---------

<PAGE>15

Loss for the Period      $(30,445)   $(130,511)       $(160,956)
                         ========    =========        =========
Deficit at the Beginning
  Of period              (130,511)           -                -
                          -------    ---------        ---------

Deficit at the End of
  Period                $(160,956)   $(130,511)       $(160,956)
                          =======    =========        =========
Basic and Diluted Loss
  per Share               $ (0.01)     $ (0.03)         $ (0.04)
                          =======      =======          =======

Weighted Number of
  Common Shares         4,557,000    4,557,000        4,557,000
                        =========    =========        =========
</TABLE>


See accompanying notes





                             GLOBALINK, LTD.
                      (A Development Stage Company)
                  Statement of Stockholders' Deficiency
  For The Period From Inception February 3, 2006 to December 31, 2007
               And Accumulated During the Development Stage
                       (Expressed in U.S. Dollars)
<TABLE>
<CAPTION>
                                                              Deficit
                                                           Accumulated      Total
                                                            During the     Stock-
                             Number                Paid In   Development    holders'
                            Of shares     Amount   Surplus     Stage       Equity
                           ----------   ---------  -------   ----------   ----------

                            <c>          <c>                 <c>          <c>
Balance at February 3, 2006         -   $        - $      - $        -    $       -

Shares issued for services at
 $.50                       1,125,000        1,125  561,375          -      562,500
Shares issued for cash at
 $.013333                   2,625,000        2,625   32,375          -       35,000
Net loss for the period             -            -        -   (580,511)    (580,511)
                           ----------   ----------  ------- ----------    ---------

Balance at December
   31, 2006                 3,750,000   $    3,750  593,750  $(580,511)   $  16,989
                           ==========   ==========  =======  =========    =========
Shares issued for cash at
 $.10                         807,000   $   80,700        -          -            -
Net loss for the period             -            -        -   (160,956)    (160,956)
                           ----------   ----------  ------- ----------    ---------

Balance at December
   31, 2007                 4,557,000   $    4,557 $223,643  $(160,956)   $  67,244
                           ==========   ========== ========  =========    =========
</TABLE>





See accompanying notes




<PAGE>5

GLOBALINK, LTD.
(A Development Stage Company)
Statement of Cash Flows
For the years ended December 31, 2007 and 2006
 (Expressed in U.S. Dollars)
<TABLE>
                               For twelve months    For twelve months  Accumulated
                                      Ended            Year Ended       During the
                               December 31, 2007  December 31, 2006  Development stage
                               ----------------   ----------------    ----------------
   
                                    <c>              <c>               <c>
Cash Flows from Operating
  Activities
    Loss for the period               $  (30,445)        $ (130,511)       $ (160,956)
    Less Depreciation not requiring
      use of funds                         1,206                  -             1,206
    Increase in operating liabilities -
      Account payable                          -                  -                 -
    Directors' services paid in shares         -            112,500           112,500
    Net changes in working capital
      balances
      Accounts Receivable                      -                  -                 -
                                      ----------          ---------         ---------
    Cash flows used in operating
      activities                         (29,239)           (18,011)          (47,250)
                                      ----------          ---------         ---------

Cash Flows from Financing Activities
  Advances from shareholders              20,482              6,816            27,298
  Share capital issued                    80,700             35,000           115,700
                                       ---------          ---------          --------
    Cash flows from financing
      activities                         101,182             41,816           142,998
                                       ---------          ---------          --------

Cash Flows from Investing Activities
  Acquisition of capital assets
    and good will                        (14,670)                -            (14,670)
                                       ---------         ---------           --------
    Cash flows from (used in) investing
     investing activities                (14,670)                -            (14,670)
                                       ---------         ---------           --------
Net (Decrease) Increase in Cash and
 Cash Equivalents                         57,273            23,805             81,077
Cash and Cash Equivalents at
 Beginning of Period                      23,804                 -                  -
                                       ---------         ---------           --------
Cash and Cash Equivalents at
  End of Period                        $  81,077         $  23,805             81,077
                                       =========         =========           ========
Represented by:
  Cash                                 $  81,077         $  23,805             81,077
                                       =========         =========           ========
</TABLE>
See accompanying notes

<PAGE>7

GLOBALINK LTD.
(A Development Stage Company)
Notes to Financial Statements
For The Period from January 1, 2007 to December 31, 2007
(Expressed in U.S. Dollars)
(Unaudited)

1.  Nature of Operations

   GLOBALINK LTD. was incorporated in the State of Nevada on February
3, 2006. GLOBALINK LTD. intends to develop an internet travel site. The
company is in the process of obtaining the additional funding necessary
to establish the site.

2.   Going Concern

   The financial statements have been prepared in accordance with
generally accepted accounting principles accepted in the United States
of America that are applicable to a going concern, meaning that the
company will be able to discharge its liabilities in the normal course
of operations.

   The company has a loss of $30,445 in the period from January 1, 2007
to December 31, 2007 and sustained a significant accumulated operating
loss of $160,956 since the inception of the company. The company has
not attained any profitable operations. These factors together raise
substantial doubt about the company's ability to continue as a going
concern.

   The company's ability to discharge its liabilities is dependent upon
the continued support of its shareholders and its ability to generate
funds through share issuances.

3.  Company assets

   The company has purchased $14,170 computer equipments for the
development of the hotel web site in July 2007.  The Hotel web site
which has been developing for more than one year is now in the testing
stage.  Most of the essential features, such as secure hotel
reservation pages are already programmed and developed.  Management
estimates the value of this program worth more than $50,000 at the
balance sheet date.  Depreciation is provided on the straight line
basis over an estimated life of 5 years.  Depreciation for the period
up to December 2007 was $1,206.

4.   Accounting Policies

   The financial statements have been prepared in accordance with
generally accepted accounting principles accepted in the United States
of America and reflect the following policies:

   a)   Translation of foreign currencies
Monetary assets and liabilities in foreign currencies are translated
into United States dollars at the prevailing year-end exchange rates.

<PAGE>19

GLOBALINK LTD.
(A Development Stage Company)
Notes to Financial Statements
For The Period from January 1, 2007 to December 31, 2007
(Expressed in U.S. Dollars)
(Unaudited)

Revenue and expense items are translated at the average rates in effect
during the month of transaction. Resulting exchange gains and losses on
transactions are included in the determination of earnings for the
year.  The total exchange gain at December 31, 2007 is $150.

   b)  Financial instruments
   The company's financial instruments consist of accounts receivable,
accounts payable, directors' fees payable and advances from
shareholders. It is management's opinion that the company is not
exposed to significant interest rate risk arising from these financial
instruments and that their carrying values approximate their fair
values.

Accounts Receivable, Shareholders
The balance of $-0- is due from shareholders for the purchase of the
Company's Common stock.  Management has made no allowance for doubtful
accounts because they anticipate no chance of loss on these accounts.

   d)  Use of estimates
   The preparation of financial statements in conformity with generally
accepted accounting principles accepted in the United States of America
requires management to make estimates and assumptions which affect the
reported amounts of assets and liabilities and the disclosure of
contingent assets and liabilities at the date of the financial
statements and revenues and expenses for the year reported. Actual
results could differ from those estimates.

   e)  Stock-based compensation
   FAS 123(R), Accounting for Stock-based compensation requires
companies to record compensation cost for stock-based employee
compensation to be measured at the grant date, and not subsequently
revised. The company has chosen to continue to account for stock-based
compensation using the provisions of FAS 123(r).  In addition the
company's policy is to account for all stock based transactions in
conformance with FAS 123R.

   f)  Income taxes
   The company utilizes the asset and liability method for income
taxes. Under this method, deferred tax assets and liabilities are
recognized for the future tax consequences attributable to differences
between the financial statement carrying amounts of existing assets and
liabilities and their respective tax bases and operating loss and tax
credit carryforwards. Deferred tax assets and liabilities are measured
using enacted tax rates expected to apply to taxable income in the
years in which those temporary differences are expected to be recovered

<PAGE>9

GLOBALINK LTD.
(A Development Stage Company)
Notes to Financial Statements
For The Period from July 1, 2007 to September 30, 2007
(Expressed in U.S. Dollars)
(Unaudited)

or settled. The effect on deferred tax assets and liabilities of a
change in tax rates is recognized in income in the period that includes
the enactment date. The company provides a valuation allowance on net
deferred tax assets when it is more likely than not that such assets
will be realized. Currently it is more likely than not that the Company
will gain no benefit in future years for tax losses from current and
prior years.


   g)  Basic and diluted loss per share
   Basic loss per common share is based upon the net loss for the year
divided by the weighted average number of common shares outstanding
during the year. Diluted loss per common share adjusts for the effect
of stock options only in the periods presented in which such effect
would have been dilutive. Such effect was not dilutive in any of the
years presented.

Recently issued accounting pronouncements
      Recently issued accounting pronouncements have little or no
effect on these financial statements.

5.   Advances from Shareholders

   Advances from shareholders are for the reimbursement of expenses
incurred on behalf of the company by the three principal shareholders
and they bear no interest. The balance at December 31, 2007 is $27,298.

Capital Stock

   Authorized
      100,000,000 Common shares with $0.001 par value
   Issued
      4,557,000 shares

The Company issued 2,6235,000 shares for cash of $.0133333 per share in
the amount of $35,000 and 1,125,000 shares for services at $.50 in the
amount of $562,500.  Management has changed the value on these shares
to the issue price of the current filing at $.10.  Management has
elected to restate the restatement to the current issue price of $.10.
The change has been accounted for as an accounting error.  A summary
follows as to changes in the previous financials follows:



<PAGE>10

GLOBALINK LTD.
(A Development Stage Company)
Notes to Financial Statements
For The Period from July 1, 2007 to September 30, 2007
(Expressed in U.S. Dollars)
(Unaudited)

February 28, 2006

                            As originally   As Adjusted   Change
                               Restated

Net Loss                   $(572,863)      $(122,863)   $ 450,000
Deficit accumulated during
  The Development Stage    $(572,863)      $(122,863)   $ 450,000
Paid-in-Surplus            $ 593,250       $ 143,250    $(450,000)
Earnings per share         $ (.15276)      $ (.15276)   $ (.14600)

August 31, 2006
                            As originally   As Adjusted   Change
                               Restated

Net Loss                   $(579,517)      $(129,517)   $ 450,000
Deficit accumulated during
  The Development Stage    $(579,517)      $(129,517)   $ 450,000
Paid-in-Surplus            $ 593,250       $ 143,250    $(450,000)
Earnings per share         $ (.15454)      $ (.03454)   $ .120000

December 31, 2006
                            As originally   As Adjusted   Change
                               Restated

Net Loss                   $(580,511)      $(130,511)   $ 450,000
Deficit accumulated during
  The Development Stage    $(580,511)      $(130,511)   $ 450,000
Paid-in-Surplus            $ 593,250       $ 143,250    $(450,000)
Earnings per share         $ (.15480)      $ (.03480)   $ .120000

During the current period the Company issued 807,000 shares for cash
under the current filing with the Securities and Exchange Commission of
the United States.  The shares were issued at a price of $.10 per
share.  Management has promised the purchasers that they will not use
the funds received from these issuances until the Company has been
issued a trading symbol.

7.  New accounting pronouncements:

The following recent accounting pronouncements:
  FASB Statements
  Number 145, Rescission of FASB Statements No. 4, 44, and 64,
Amendment of FASB Statement
No. 13, and Technical Corrections
  Number 146, Accounting for Costs Associated with Exit or Disposal
Activities,

<PAGE>22

GLOBALINK LTD.
(A Development Stage Company)
Notes to Financial Statements
For The Period from January 1, 2007 to December 31, 2007
(Expressed in U.S. Dollars)

  Number 147, Acquisitions of Certain Financial Institutions - an
amendment of FASB Statements
No. 72 and 144 and FASB Interpretation No. 9,
  Number 148, Accounting for Stock-Based Compensation - Transition and
Disclosure - an
Amendment of FASB Statement No. 123,
  Number 149, Amendment of Statement 133 on Derivative Investments and
Hedging Activities,
  Number 150, Financial Instruments with Characteristics of Both
Liabilities and Equity,
  Number 151, Inventory Costs - an amendment of ARB 43, Chapter 4
  Number 152, Accounting for Real Estate Time-Sharing Transactions - an
amendment of FASB
Statements No. 66 and 67
  Number 153, Exchanges of Nonmonetary Assets - an amendment of APB
Opinion No. 29
  Number 154, Accounting for Changes and Error Corrections - a
replacement of APB Opinion
No. 20 and FASB Statement No. 3
  and FASB Interpretations
  Number 45, Guarantor's Accounting and Disclosure Requirements for
Guarantees, Including
Indirect Guarantees of Indebtedness of Others - and Interpretation of
FASB Statements No. 5,
57, and 107 and rescission of FASB Interpretation No. 34
  Number 46(R), Consolidation of Variable Interest Entities - an
Interpretation of ARB No. 51
  Number 47, Accounting for Conditional Asset Retirement Obligations

are not currently expected to have a material effect on our financial
Statements, except as noted above.







<PAGE>18

ITEM 9.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
AND FINANCIAL DISCLOSURE

None

ITEM 9A.  CONTROLS AND PROCEDURES.

During the year ended December 31, 2007, there were no changes in our
internal controls over financial reporting (as defined in Rule 13a-
15(f) and 15d-15(f) under the Exchange Act) that have materially
affected, or are reasonably likely to materially affect, our internal
control over financial reporting.

Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of our management,
including our chief executive officer and chief financial officer, we
conducted an evaluation of our disclosure controls and procedures, as
such term is defined under Rule 13a-15(e) and Rule 15d-15(e)
promulgated under the Securities Exchange Act of 1934, as amended, as
of December 31, 2007.  Based on this evaluation, our chief executive
officer and chief principal financial officers have concluded such
controls and procedures to be effective as of December 31, 2007 to
ensure that information required to be disclosed by the issuer in the
reports that it files or submits under the Act is recorded, processed,
summarized and reported, within the time periods specified in the
Commission's rules and forms and to ensure that information required to
be disclosed by an issuer in the reports that it files or submits under
the Act is accumulated and communicated to the issuer's management,
including its principal executive and principal financial officers, or
persons performing similar functions, as appropriate to allow timely
decisions regarding required disclosure.

ITEM 9B.  OTHER INFORMATION.

None



<PAGE>27

PART III

ITEM 10.  DIRECTORS AND EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.

Our bylaws provide that the number of directors who shall constitute
the whole board shall be such number as the board of directors shall at
the time have designated. We confirm that the number of authorized
directors has been set at three (3) pursuant to our bylaws. Each
director shall be selected for a term of one year and until his
successor is elected and qualified. Vacancies are filled by a majority
vote of the remaining directors then in office with the successor
elected for the unexpired term and until the successor is elected and
qualified.

The directors and executive officers are as follows:
<TABLE>
<CAPTION>
NAME                                AGE      POSITIONS HELD          SINCE

                                  <c>          <c>                  <c>

Robin Young                          66      President/Director   Inception to
                                                                    Present

Ben Choi                             54      Treasurer/Director   Inception to
                                                                    Present

Daniel Lo                            43      Secretary/Director   Inception to
                                                                    Present
</TABLE>
Business Experience of Officers and Directors

Robin Young, President and Director, has been the principal of Young
Engineering Corporation, an engineering consultant firm for the
building industry since 1975.  He has also been the president of
Landtek Properties Ltd., a development company since 1994 and Coreng
Construction Corporation, a company providing project and construction
management as well as general contracting from 1976 to 1990.  Mr. Young
was listed in the "Who's Who in British Columbia" and "International
Who's Who of Professionals".  Mr. Young received a bachelor of applied
science degree in civil engineering from the University of British
Columbia in 1963.  He conducted his post-graduate studies both at
McGill University and at Concordia University and received his master's
degree in civil and structural engineering in 1970 from Concordia
University.

Ben Choi, Treasurer and Director is a software development consultant.
From 2001 to present, Mr. Choi has been project manager of NewViews
Health Care Consultants Ltd, a company which develops health care
software programs. He has also been the project leader of developing
Pharmacy Claims Adjudicate Software, a Health Canada, Non-Insurance
Health Benefit Pilot project & Medical Transportation Software for
Alberta Regional Health Department.  Mr. Choi has extensive consulting
experiences in the technology fields including network services,
hardware and software sales and implementation. Mr. Choi received a



<PAGE>25

Bachelor of Science degree from the University of Winnipeg in 1976.  In
1988, he took courses in computer programming and data processing at
the University of Alberta.

Daniel Lo, Secretary and Director has been the president of LCF
Advanced Technology Ltd which is a leading computer hardware solution
company in Western Canada since 1996.  LCF is an Intel Premier Partner
and Microsoft Certified partner. In 1998, Mr. Lo led LCF to become an
ISO 2002 company and upgraded the company into the new ISO 2001:2000
standard in 2003.  The ISO 2001:2000 standard is an international
quality management system which ensures consistency and improvement of
working practices, including the products and services product.  In
1986, Mr. Lo received his business administration degree in finance
from Simon Fraser University, BC.

Executive Compensation

Since inception in February 2006, we have issued 375,000 shares of the
company securities to each of the president, secretary and treasurer as
compensation for their services performed to and on behalf of the
company.  No executive compensation in cash has been made.  We may
elect to award a cash bonus to key employees, directors, officers and
consultants based on meeting individual and corporate planned
objectives.  We have not entered into any employment agreements with
our officers, however, we estimate that the executive officers will be
paid an annual salary of $84,000 each.

   Option/SAR Grants in the Last Fiscal Year.  There have not been any
options /SAR grants made by Globalink since inception.

   Directors Compensation.  We do not have any standard arrangements by
which directors are compensated for any services provided as a
director.  No cash has been paid to the directors in their capacity as
such.

ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT

The following table sets forth, as of December 31, 2006, the
number and percentage of outstanding shares of Globalink common
stock owned by (i) each person known to us to beneficially own
more than 5% of its outstanding common stock, (ii) each
director, (iii) each named executive officer, and (iv) all
officers and directors as a group.



<PAGE>27
<TABLE>
Name of Beneficial Owners      Common Stock
                               Beneficially Owned    Percentage(1)

                                <c>                    <c>
Robin Young                       750,000                  16.5%
426 Main Street
Suite #202
Vancouver, B.C. V6A 2T4

Ben Choi                          750,000                  16.5%
426 Main Street
Suite #202
Vancouver, B.C. V6A 2T4

Daniel Lo                         750,000                  16.5%
333 - 13988 Cambie Road
Richmond, B.C. Canada V6V 2K4

Directors and Officers,
   as a group(3 persons)         2,250,000                  49.37%

Barry Phillips 	                   750,000                  16.5%
7903 - 93a Ave.
Edmonton, Alberta T6C 1V2

Petula Wong                       750,000                  16.5%
Rm C 12/F 55 Tong Mi Road
Kowloon, Hong Kong
</TABLE>
(1) Based upon 4,557,000 issued and outstanding as of December 31,
2007.

All the above-named officers and directors would be deemed to be
promoters of Globalink.

ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Shareholder Advanced.  Advances from shareholders are for the
reimbursement of expenses incurred on behalf of Globalink by Robin
Young and Ben Choi, officers and directors of Globalink and they bear
no interest.

Officers and directors of Globalink received 1,125,000 common shares
(375,000 common shares each) for services rendered valued at $562,500
and 2,625,000 common shares (375,000 common shares each) for cash of
$35,000.  Globalink does not intend to issue additional common shares
to officers and directors in the next twelve months.

ITEM 13.    EXHIBITS

  3.i      Articles of Incorporation incorporated by reference
to Form SB-2, #333-133961 filed May 10, 2006
  3.ii     By-Laws incorporated by reference to Form SB-2,
#333-133961 filed May 10, 2006
  4.i      Form of Specimen of common stock incorporated by
reference to Form SB-2, #333-133961 filed May 10, 2006

<PAGE>27

ITEM 14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Audit Fees.   We incurred aggregate fees and expenses of $1,750 and
$5,750 from Thomas J. Harris, CPA, respectfully for the 2007 and 2006
fiscal years.  Such fees included work completed for our annual audit
and for the review of our financial statements included in our Forms
10-K and 10-QSB.

Tax Fees.   We did not incur any aggregate tax fees and expenses from
Thomas J. Harris, CPA for the 2007 and 2006 fiscal years for
professional services rendered for tax compliance, tax advice, and tax
planning.

All Other Fees.   We incurred audit related fees of $0 and $0 from
Thomas J. Harris, CPA during fiscal 2007 and 2006.  The Board of
Directors, acting as the Audit Committee considered whether, and
determined that, the auditor's provision of non-audit services was
compatible with maintaining the auditor's independence.  All of the
services described above for fiscal years 2007 and 2006 were approved
by the Board of Directors pursuant to its policies and procedures.  We
intend to continue using Thomas J. Harris, CPA solely for audit and
audit-related services, tax consultation and tax compliance services,
and, as needed, for due diligence in acquisitions.




<PAGE>28

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, as amended, Globalink has duly caused this Report
to be signed on its behalf by the undersigned duly authorized person.
Globalink.

Dated: March 14, 2008

/s/Robin Young
------------------------------
By: Robin Young, President/CEO

In accordance with the requirements of the Securities Exchange
Act of 1934, as amendment, this report has been signed by the
following persons in the capacities and on the dates stated.

Globalink, Inc.
(Registrant)

By: /s/Robin Young                      Dated: March 14, 2008
    ----------------------
    Robin Young

Director, Chief Executive Officer
(As a duly authorized officer on behalf of the Registrant and
as Principal Executive Officer)

By: /s/Ben Choi                        Dated: March 14, 2008
    ----------------------
    Ben Choi
Chief Financial Officer, Controller and Director


By: /s/Daniel Lo                        Dated: March 14, 2008
    ----------------------
    Daniel Lo
    Director