SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-Q

[x]     Quarterly Report Pursuant to Section 13 or 15(d) Securities
Exchange Act of 1934 for Quarterly Period Ended March 31, 2010
-OR-
 [ ]     Transition Report Pursuant to Section 13 or 15(d) of the
Securities And Exchange Act of 1934 for the transaction period from
_________ to________

Commission File Number             333-133961

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

            Nevada                                06-1812762
 (State or other jurisdiction                  (I.R.S. Employer
of incorporation or organization            Identification Number)

          938 Howe Street, Suite 405
         Vancouver, BC                             V6Z 1N9
      Address of principal executive offices,      Zip Code

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

Indicate by check mark whether the issuer (1) 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 [  ]

Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Web site, if any, every
Interactive Data File required to be submitted and posted pursuant to
Rule 405 of Regulation S-T (section 232.405 of this chapter) during the
preceding 12 months (or for such shorter period that the registrant was
required to submit and post such files).   Yes [x]   No [ ]

Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerate filer, or a small
reporting company as defined by Rule 12b-2 of the Exchange Act):

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

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

The number of outstanding shares of the registrant's common stock,
May 15, 2010

  Common Stock  -  24,785,000

<PAGE>2
PART I
Item I - FINANCIAL STATEMENTS

Consolidated Balance Sheet as of March 31, 2010 and December 31, 2009
Consolidated Statement of Operations for the three months ended March
31, 2010 and 2009
Consolidated Statement of Cash Flows for the three months ended March
31, 2010 and 2009
Consolidated Notes to Financial Statements



<PAGE>3
                     GLOBALINK, LTD. And Subsidiary
                      Consolidated Balance Sheet
                   March 31, 2010 and December 31, 2009
                      (Expressed in U.S. Dollars)

                                                  Unaudited    Audited
                                                  3/31/2010  12/31/2009
                                                  ---------  ----------
                    ASSETS
CURRENT ASSETS:
 Cash                                           $ 266,943    $ 288,978
 Term deposit
 Accounts receivable trade                        195,618      149,000
 Other Receivable                                       -       61,798
 Other Current Assets                               6,547        7,857
                                                ---------    ---------
  TOTAL CURRENT ASSETS                            469,108      507,633
                                                ---------    ---------
Fixed assets, net of accumulated depreciation      14,418       13,820
Goodwill                                          274,449      274,449
                                                ---------    ---------
TOTAL ASSETS                                    $ 757,975    $ 795,902
                                                =========    =========
             LIABILITIES & STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
 Accounts Payable and accrual                   $ 462,637    $ 387,298
 Notes payable OneWorld Acquisition                     -      159,105
 Dividends payable
 Other current liabilities                         34,549            -
                                                ---------    ---------
  TOTAL CURRENT LIABILITIES                       497,186      546,403
                                                ---------    ---------
OTHER LIABILITIES:
 Advances from Shareholders                        30,523       49,526
                                                ---------    ---------
  TOTAL OTHER LIABILITIES                          30,523       49,526
                                                ---------    ---------
TOTAL LIABILITIES                                 527,709      595,929
                                                ---------    ---------
STOCKHOLDERS' EQUITY:
 Common Stock, $.0002 par value
  500,000,000 shares authorized and
  24,785,000 shares issued and outstanding          4,957        4,957
  Common Stock authorized, issued and
  outstanding 1,000,000 shares
 Preferred Stock authorized, issued and
  outstanding 1,000,000 shares
 Paid-in Surplus                                  403,243      403,243
 Retained earning                                (177,934)    (208,227)
                                                ---------    ---------
  TOTAL STOCKHOLDERS' EQUITY                      230,266      199,973
                                                ---------    ---------
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY        $ 757,975    $ 795,902
                                                =========    =========

      The accompanying notes are an integral part of these statements.

<PAGE>4
                     GLOBALINK, LTD. And Subsidiary
                  Consolidated Statements of Operations
           For the three months ended March 31, 2010 and 2009
                      (Expressed in U.S. Dollars)
                             (Unaudited)

                                     For three months  For three months
                                          ended             ended
                                        03/31/10          03/31/09
                                     ----------------  ----------------

Revenue                                $    78,176       $    65,727

Expenses
 Wages & salaries                           41,903            39,929
 Expenses from subsidiary
 Other administrative expenses              18,798            28,769
                                       -----------       -----------
                                            60,701            68,698
                                       -----------       -----------
Income (deficit) from operations            17,475            (2,971)
                                       -----------       -----------
Other income and expenses                   12,818           (20,635)
                                       -----------       -----------
Income before income taxes                  30,293           (23,606)

      Income tax                                 -                 -
                                       -----------       -----------
Income for the period                  $    30,293       $   (23,606)
                                       ===========       ===========
Basic and Diluted Loss per Share            0.0012           (0.0010)
                                       ===========       ===========
Weighted Number of Common Shares        24,785,000        24,785,000
                                       -----------       -----------

      The accompanying notes are an integral part of these statements.



<PAGE>3
                      GLOBALINK, LTD. And Subsidiary
                   Consolidated Statement of Cash Flows
           For the three months ended March 31, 2010 and 2009
                      (Expressed in U.S. Dollars)
                                (Unaudited)

                                     For three months  For three months
                                          ended             ended
                                        03/31/10          03/31/09
                                     ----------------  ----------------
Cash Flows from Operating Activities
 Profit/(loss) for the period             $ 30,293         $ (23,606)
 Less Depreciation not requiring
  use of funds                                 787             1,542
 Net loss on exchange transactions               -                 -
 Income taxes (paid)/refunded
Net changes in working capital balances          -           (26,614)
 (Increase)/decrease accounts receivable   (46,618)              929
 Other Receivable                           61,798           (30,163)
 (Increase)/decrease in other current
   assets                                    1,310           (56,786)
 Increase/(decrease) in accounts payable
  and accruals                                   -            75,339
 (Due to)/refunded government agencies      34,549                 -
 Directors' services paid in shares              -                 -
                                         ---------         ---------
 Cash flows provided/(used) in operating
  Activities                               157,458          (134,698)
                                         ---------         ---------
Cash Flows from Financing Activities
 Increase/(decrease) in advances from
  shareholders                             (19,003)           24,617
 Cash dividend
 Share capital issued
                                         ---------         ---------
 Cash flows from financing activities      (19,003)           24,617
                                         ---------         ---------
Cash Flows from Investing Activities
 Acquisition of capital assets              (1,385)                -
 Note payable for purchase of sub         (159,105)                -
 Purchase effects of subsidiary                  -                 -
 Cash from acquisition of Subsidiary
                                         ---------         ---------
 Cash flows from (used in) investing
  activities                              (160,490)                -
                                         ---------         ---------
Net (Decrease) Increase in Cash
 And cash Equivalents                      (22,035)         (110,081)



<PAGE>6

Cash and Cash Equivalents at
 Beginning of Period                       288,978           579,464
                                         ---------         ---------
Cash and Cash Equivalents at
 End of Period                           $ 266,943         $ 469,383
                                         =========         =========
Represented by:
 Cash                                      266,943         $ 469,383
 Term                                            -                 -
                                         ---------         ---------
                                         $ 266,943         $ 469,383

      The accompanying notes are an integral part of these statements.



<PAGE>7
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

Nature of Operations

GLOBALINK LTD. was incorporated in the State of Nevada on February 3,
2006. GLOBALINK has focused its efforts in the Internet Hotel booking
services arena. The Company has developed a proprietary online hotel
booking program for connecting users with available rooms in hotels
across the world. In order to gain the access to the hotels, GLOBALINK
LTD. acquired OneWorld Hotel Destination Service Inc in Vancouver, B.C.
Canada on October 31, 2008.  OneWorld Hotel Destination Service Inc is
a hotel booking company which has established strong relationships with
major hotel chains such as Radisson, Hilton and Sheraton. Its clients
include travel agents in major cities such as Vancouver, Toronto,
Calgary, and Montreal. After the acquisition the Company intends to put
the OneWorld operations into the online platform.

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.
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 exchange loss for this period from January 1 to December 31,
2008 is $151 and $86,189 for the year ended December 31, 2009.

      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.

      c)  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.


     d)  Stock-based compensation
FAS 123(R), Accounting for Stock-based compensation requires companies
to record compensation cost for stock-based employee

<PAGE>8
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

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.

     e)  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 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 the Company does not have any proven
periods of profitability.  With the purchase of OneWorld Hotel
Destination Services, Inc. the Company has projected profitability in
the following years.  When this profitability is realized the company
will enact Statements of Financial Accounting Standards regarding
Accounting for Income Taxes.

	f)  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.  Such effect was not dilutive in any of the years
presented.

     g)  Revenue recognition
Revenue is recorded when the corresponding expense can be recognized.
Due to this matching principle revenue is reported by the net proceeds
of the services performed as required by EIFT 99-19.

     h)  Accounts receivable
Trade receivables are carried at original invoice amount.  Accounts
receivable are written off to bad debt expense using the direct write-
off method.  Receivables past due for more than 120 days are considered
delinquent.  Management determines uncollectible accounts by regularly
evaluating individual customer receivables and considering a customer's
financial condition, credit history, and current economic conditions
and by using historical experience applied to an aging of accounts.
Recoveries of trade receivables previously written off are recorded
when received.



<PAGE>9
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

Restated statements

The financial statements have been revised due to management's
determination that the merger of the Company with OneWorld Hotel
Destination Services, Inc. which was originally shown without the
creation of Goodwill was incorrect.  In addition OneWorld has been
changed to the predecessor company. The statements have been revised
for the creation of Goodwill.  All statements since October 31, 2008,
date of merger, have been revised for this correction.  The quarterly
statements have been restated up to and including September 30, 2009.

The following table represents the effects of the restated statements
as of December 31, 2008:

                            Restated         Original
                              2008             2008
                            --------         --------

Sales                       247,685          247,685
Loss                       (106,831)         (72,291)
Common Stock                  4,957            4,957
Paid in Surplus             403,243          128,794
Retained Deficit           (267,787)        (267,787)
Earnings Per Share          (0.0046)         (0.0031)

Fixed assets

Furniture, fixtures and equipment are recorded at cost.  Depreciation
is provided annually at rates calculated to write off the assets over
their estimated useful lives as follows, except in the year of
acquisition when one half of the rate is used.  The Company uses an
accelerated method of depreciating their assets over their useful
lives.

Computer equipment acquired
  before March 24, 2004             30%, declining balance
Computer equipment acquired
  after March 23, 2004              45%, declining balance
Furniture and equipment             20%, declining balance
Leasehold improvements              20%, straight line

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 due.  These notes are short term advances
which are paid generally within one year.  The balance at December 31,
2008 is $30,390.




<PAGE>10
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

Federal income tax:

We follow Statements of Financial Accounting Standards regarding
Accounting for Income Taxes. Deferred income taxes reflect the net
effect of (a) temporary difference between carrying amounts of assets
and liabilities for financial purposes and the amounts used for income
tax reporting purposes, and (b) net operating loss carryforwards. No
net provision for refundable Federal income tax has been made in the
accompanying statement of loss because no recoverable taxes were paid
previously. Similarly, no deferred tax asset attributable to the net
operating loss carryforward has been recognized, as it is not deemed
likely to be realized.

The provision for refundable Federal income tax consists of the
following:

                                                        12/31/2009
Refundable Federal income tax attributable to:
Current operations 						   $ 20,250
Less, Nondeductible expenses					      -0-
-Less, Change in valuation allowance                      (20,250)
 Net refundable amount 					    	      -0-

The cumulative tax effect at the expected rate of 34% of significant
items comprising our net deferred tax amount is as follows:

                                                        12/31/2008
Deferred tax asset attributable to:
 Net operating loss carryover                            $ 70,797
Less, Valuation allowance                                 (70,797)
 Net deferred tax asset                                     -0-

At December 31, 2009, an unused net operating loss carryover
approximating $208,227 is available to offset future taxable income; it
expires beginning in 2018.  Due to the change of control of the
Company, the use of the net operating loss may be limited in the
future.

Operating Leases

The Company leases its administrative offices for US$938 per month. The
lease expires in May 2011.  The operating lease expense for the year
ended December 31, 2009 and 2008 was $1,876.  Future minimum lease
payments are as follows:



<PAGE>11
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)


     Fiscal year ending June 30,
     --------------------------
  2010           $  11,256
  2011              11,256
                 ---------
                 $  22,512
                 =========

8.  Supplemental information - consolidated statements
<TABLE>
                                OneWorld     Globalink
                                12/31/09     12/31/09     Eliminations    Consolidated
                                --------     --------     ------------    ------------

                                <c>          <c>            <c>             <c>
ASSETS
  Current Assets:
    Cash                        $ 271,824     $  17,154            -       $288,978
    Accounts receivable           149,000             -            -        149,000
    Other receivable              372,493             -     (310,695)        61,798
    Investment in subsidiary            -       431,401     (431,401)             -
    Other current assets            7,648           209            -          7,857
                                ---------     ---------    ---------     ----------
  Total current assets            800,965       448,764     (742,096)       507,633
  Fixed assets, net
    Of accumulated depreciation     6,436         7,384            -         13,820
  Goodwill                              -       274,449            -        274,449
                                ---------     ---------    ---------     ----------
TOTAL ASSETS                    $ 807,401     $ 730,597   $(742,096)     $  795,902
                                =========     =========    =========     ==========
LIABILITIES AND SHAREHOLDERS EQUITY
  Current Liabilities
    Accounts payable            $ 356,997     $  30,301   $        -     $  387,298
    Notes payable                       -       469,800     (310,695)       469,800
    Other current liabilities      19,003        30,523            -         49,526
                                ---------     ---------    ---------     ----------
  Total current liabilities       376,000       530,624     (310,695)       595,929
  Shareholders Equity
    Common stock                   19,102         4,957      (19,102)         4,957
    Paid in surplus                     -       403,243            -        403,243
    Retained earnings/(deficit)   412,299      (208,227)    (412,299)      (208,227)
                                ---------     ---------     --------     ----------
  Total shareholders equity       431,401       199,973     (431,401)       199,973
                                ---------     ---------     --------     ----------
TOTAL LIABILITIES AND
 SHAREHOLDERS EQUITY            $ 807,401     $ 730,597    $(742,096)    $  795,902
                                =========     =========    =========     ==========




<PAGE>12
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)


                                      January through December 31, 2009
                                One World       Global   Eliminations  Consolidated

Revenue:                       $ 305,404     $       -              -     $ 305,404
Expenses:
  Wages and salaries             138,287             -              -       138,287
  Subsidiary expenses                  -             -              -             -
  Other administrative expenses  163,167        30,579              -       193,746
                                --------     ---------      ---------     ---------
Total expenses                   301,454        30,579              -       332,033
                                --------     ---------      ---------     ---------
Income/(loss) from operations      3,950       (30,579)             -       (26,629)
Other income/(expenses)           28,570        57,619              -        86,189
                                --------     ---------     ----------     ---------
Income before income taxes        32,520        27,040              -        59,560
Income taxes                           -             -              -             -
                                --------     ---------     ----------     ---------
Net income/(loss)               $ 32,520     $  27,040     $        -     $  59,560
                                ========     =========     ==========     =========
</TABLE>
<TABLE>
                                OneWorld     Globalink
                                12/31/08     12/31/08     Eliminations    Consolidated
                                --------     --------     ------------    ------------

                                <c>          <c>            <c>             <c>
ASSETS
  Current Assets:
    Cash                        $ 513,856     $  65,608            -       $579,464
    Accounts receivable           109,405             -            -        109,405
    Other receivable               28,743             -            -         28,743
    Investment in subsidiary            -       341,976     (341,976)             -
    Other current assets           22,383             -            -         22,383
                                ---------     ---------    ---------     ----------
  Total current assets            674,387       407,584     (341,976)       739,995
  Fixed assets, net
    Of accumulated depreciation     7,379        10,530            -         17,909
  Goodwill                              -       274,449            -        274,449
                                ---------     ---------    ---------     ----------
TOTAL ASSETS                    $ 681,766     $ 692,563   $(341,976)     $1,032,353
                                =========     =========    =========     ==========
LIABILITIES AND SHAREHOLDERS EQUITY
  Current Liabilities
    Accounts payable            $ 311,377     $  77,399    $       -     $  388,776
    Notes payable                       -       469,800            -        469,800
    Other current liabilities      28,413         4,951            -         33,364
                                ---------     ---------    ---------     ----------
  Total current liabilities       339,790       552,150            -        891,940



<PAGE>13
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

  Shareholders Equity
    Common stock                   16,400         4,957      (16,400)         4,957
    Paid in surplus                     -       403,243            -        403,243
    Retained earnings/(deficit)   325,576      (267,787)    (325,576)      (267,787)
                                ---------     ---------     --------     ----------
  Total shareholders equity       341,976       140,413     (341,976)       140,413
                                ---------     ---------     --------     ----------
TOTAL LIABILITIES AND
 SHAREHOLDERS EQUITY            $ 681,766     $ 692,563    $(341,976)    $1,032,353
                                =========     =========    =========     ==========

                                      January through December 31, 2008
                                One World**     Global   Eliminations  Consolidated

Revenue:                          38,768             -              -        38,768
Expenses:
  Wages and salaries              26,290             -              -        26,290
  Subsidiary expenses                  -        67,915              -        67,915
  Other administrative expenses   11,065        23,456              -        34,521
                                --------    ----------     ----------     ---------
Total expenses                    37,355        91,371              -       128,726
                                --------    ----------     ----------     ---------

Income/(loss) from operations      1,413       (91,371)             -       (89,958)
Other income/(expenses)          (16,873)            -              -       (16,873)
                                --------    ----------     ----------     ---------
Income before income taxes       (15,460)      (91,371)             -      (106,873)
Income taxes                           -             -              -             -
                                --------    ----------     ----------     ---------
Net income/(loss)               $(15,460)     $(91,371)    $        -     $(106,873)
                                ========      ========     ==========     =========
</TABLE>
** The OneWorld income includes only the amounts since acquisition
November 1, 2008 through December 31, 2008.

9.   Business Combination:

Effective October 31, 2008, the Company issued 2,000,000 shares of
common stock and a notes payable to acquire all of the outstanding
stock of OneWorld Hotel Destination Services, Inc.  The purchase is
being accounted for as an acquisition as required by SFAS No. 141.  Due
to SFAS No. 141, OneWorld Hotel Destination Services, Inc. is
considered the predecessor company.  Goodwill has been recorded and
listed as another asset.  The purchase is being reported and operating
as a wholly owned subsidiary of the parent company.



<PAGE>14
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

Following is the proforma balance sheet and income statement as of the
acquisition date, October 31, 2008:
<TABLE>
                                   OneWorld     Globalink
                                   12/31/08     12/31/08    Eliminations  Consolidated
                                   --------     --------     -----------  ------------

                                   <c>          <c>            <c>             <c>
ASSETS
  Current Assets:
    Cash                           $ 623,005     $  66,080            -      $689,085
    Accounts receivable              252,698             -            -       252,949
    Investment in subsidiary               -       375,351      375,351             -
    Other current assets              17,224             -            -        17,224
                                   ---------     ---------    ---------    ----------
  Total current assets               892,927       441,682      375,351       959,258
  Other Assets:
    Goodwill                               -       274,449            -       274,449
    Other current assets              44,536        11,020            -        55,556
                                   ---------     ---------    ---------    ----------
TOTAL ASSETS                       $ 937,463     $ 727,151    $ 375,351    $1,289,263
                                   =========     =========    =========    ==========
LIABILITIES AND SHAREHOLDERS EQUITY
  Current Liabilities
    Accounts payable               $ 560,263     $   1,280    $       -    $  561,543
    Other current liabilities          1,849       500,100            -       501,949
                                   ---------     ---------    ---------    ----------
  Total current liabilities          562,112       501,380            -     1,063,492
  Shareholders Equity
    Common stock                       6,382         4,957       (6,382)        4,957
    Paid in surplus                        -       403,243            -       403,243
    Preferred stock                    6,382             -       (6,382)            -
    Retained earnings/(deficit)      362,587      (182,429)    (362,587)     (182,429)
                                   ---------     ---------     --------     ---------
  Total shareholders equity          375,351       225,771     (375,351)      225,771
                                   ---------     ---------     --------     ---------
TOTAL LIABILITIES AND SHAREHOLDERS
  EQUITY                           $ 937,463     $ 727,151    $(375,351)   $1,289,263
                                   =========     =========    =========    ==========

                                      January through October 31, 2008
                              One World **     Global      Eliminations   Consolidated
Revenue                             97,996             -              -        97,996
Expenses:
  Wages and salaries                44,386             -              -        44,386
  Other administrative expenses     28,821         8,990              -        37,811
                                ----------    ----------     ----------    ----------
Total expenses                      73,207         8,990              -        82,197
                                ----------    ----------     ----------    ----------



<PAGE>15
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

Income/(loss) from operations       24,789        (8,990)             -        15,799
Other income/(expenses)             (5,191)        1,088              -       (4,103)
                                ----------    ----------     ----------    ----------
Income before income taxes          19,598        (7,902)             -        11,696
Income taxes                             -             -              -             -
                                ----------    ----------     ----------    ----------
Net income/(loss)               $   19,598    $   (7,902)    $        -    $   11,696
                                ==========    ==========     ==========    ==========
** OneWorld is reported for the four months ended October 31, 2008.
</TABLE>

10.  Capital Stock

Authorized
      500,000,000 Common shares with $0.0002 par value
Issued
      24,785,000 shares

The Company issued 2,625,000 shares for cash of $.0133333 per share in
the amount of $35,000 and 1,125,000 shares for services at $.10 in the
amount of $112,500 in 2006.

The Company also issued 807,000 shares at $.10 in the amount of $80,700
for cash under the filing with the Securities and Exchange Commission
of the United States in 2007.

The Company issued stock options of 100,000 each to three directors on
January 2, 2008; which expire on January 2, 2010.  The strike price on
these shares were $0.10 per share.  After the 5 for 1 stock split the
outstanding options were $500,000 per director at $0.02 per share.
On December 23, 2009 the Board of Directors extended these options to
January 2, 2012.

The Company has split its common stock on a 5 for 1 basis on July 1,
2008.

The Company has issued 2,000,000 shares to Vincent Au in exchange for
100% of his shares in One World Hotel Destination Service, Inc. on
October 31, 2008.

11.   Net Revenue

The Company follows the reporting requirements of EIFT 99-19, which
requires revenue to be reported net after costs.  Following is the
gross revenue and expenses for the period ending December 31, 2009 and
2008



<PAGE>16
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

                    12/31/2009(1)    12/31/2008(2)    06/30/2008(1)
                    ------------     ------------     ------------
Gross Revenue         $2,612,970      $247,685           $3,238,148
Cost of Revenue        2,307,566       208,917            2,926,806
                      ----------      --------           ----------
                      $  305,404      $ 38,768           $  311,342
                      ==========      ========           ==========
(1)Year Ended
(2)2 months ended

12. Subsequent Events:

On March 30, 2010 the Board of Directors authorized an additional
400,000 shares of common stock each to three directors.  The options
expire on March 31, 2012 and have a strike of $0.01 per share.

13.  New accounting pronouncements:

In May 2008, the Financial Accounting Standards Board ("FASB") issued
SFAS No. 163, "Accounting for Financial Guarantee Insurance Contracts-
and interpretation of FASB Statement No. 60".  SFAS No. 163 clarifies
how Statement 60 applies to financial guarantee insurance contracts,
including the recognition and measurement of premium revenue and claims
liabilities. This statement also requires expanded disclosures about
financial guarantee insurance contracts. SFAS No. 163 is effective for
fiscal years beginning on or after December 15, 2008, and interim
periods within those years. SFAS No. 163 has no effect on the Company's
financial position, statements of operations, or cash flows at this
time.

In May 2008, the Financial Accounting Standards Board ("FASB") issued
SFAS No. 162, "The Hierarchy of Generally Accepted Accounting
Principles".  SFAS No. 162 sets forth the level of authority to a given
accounting pronouncement or document by category. Where there might be
conflicting guidance between two categories, the more authoritative
category will prevail. SFAS No. 162 will become effective 60 days after
the SEC approves the PCAOB's amendments to AU Section 411 of the AICPA
Professional Standards. SFAS No. 162 has no effect on the Company's
financial position, statements of operations, or cash flows at this
time.

In March 2008, the Financial Accounting Standards Board, or FASB,
issued SFAS No. 161, Disclosures about Derivative Instruments and
Hedging Activities-an amendment of FASB Statement No. 133.  This
standard requires companies to provide enhanced disclosures about (a)
how and why an entity uses derivative instruments, (b) how derivative
instruments and related hedged items are accounted for under Statement
133 and its related interpretations, and (c) how derivative instruments



<PAGE>17
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

and related hedged items affect an entity's financial position,
financial performance, and cash flows. This Statement is effective for
financial statements issued for fiscal years and interim periods
beginning after November 15, 2008, with early application encouraged.
The Company has not yet adopted the provisions of SFAS No. 161, but
does not expect it to have a material impact on its consolidated
financial position, results of operations or cash flows.

In December 2007, the SEC issued Staff Accounting Bulletin (SAB) No.
110 regarding the use of a "simplified" method, as discussed in SAB No.
107 (SAB 107), in developing an estimate of expected term of "plain
vanilla" share options in accordance with SFAS No. 123 (R), Share-Based
Payment.  In particular, the staff indicated in SAB 107 that it will
accept a company's election to use the simplified method, regardless of
whether the company has sufficient information to make more refined
estimates of expected term. At the time SAB 107 was issued, the staff
believed that more detailed external information about employee
exercise behavior (e.g., employee exercise patterns by industry and/or
other categories of companies) would, over time, become readily
available to companies. Therefore, the staff stated in SAB 107 that it
would not expect a company to use the simplified method for share
option grants after December 31, 2007. The staff understands that such
detailed information about employee exercise behavior may not be widely
available by December 31, 2007. Accordingly, the staff will continue to
accept, under certain circumstances, the use of the simplified method
beyond December 31, 2007. The Company currently uses the simplified
method for "plain vanilla" share options and warrants, and will assess
the impact of SAB 110 for fiscal year 2009. It is not believed that
this will have an impact on the Company's consolidated financial
position, results of operations or cash flows.

In December 2007, the FASB issued SFAS No. 160, Noncontrolling
Interests in Consolidated Financial Statements-an amendment of ARB No.
51.  This statement amends ARB 51 to establish accounting and reporting
standards for the noncontrolling interest in a subsidiary and for the
deconsolidation of a subsidiary. It clarifies that a noncontrolling
interest in a subsidiary is an ownership interest in the consolidated
entity that should be reported as equity in the consolidated financial
statements. Before this statement was issued, limited guidance existed
for reporting noncontrolling interests. As a result, considerable
diversity in practice existed. So-called minority interests were
reported in the consolidated statement of financial position as
liabilities or in the mezzanine section between liabilities and equity.
This statement improves comparability by eliminating that diversity.
This statement is effective for fiscal years, and interim periods
within those fiscal years, beginning on or after December 15, 2008
(that is, January 1, 2009, for entities with calendar year-ends).
Earlier adoption is prohibited. The effective date of this statement is
the same as that of the related Statement 141 (revised 2007). The



<PAGE>18
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

Company will adopt this Statement beginning March 1, 2009. It is not
believed that this will have an impact on the Company's consolidated
financial position, results of operations or cash flows.

In December 2007, the FASB, issued FAS No. 141 (revised 2007), Business
Combinations.' This Statement replaces FASB Statement No. 141, Business
Combinations, but retains the fundamental requirements in
Statement 141.  This Statement establishes principles and requirements
for how the acquirer: (a) recognizes and measures in its financial
statements the identifiable assets acquired, the liabilities assumed,
and any noncontrolling interest in the acquiree; (b) recognizes and
measures the goodwill acquired in the business combination or a gain
from a bargain purchase; and (c) determines what information to
disclose to enable users of the financial statements to evaluate the
nature and financial effects of the business combination. This
statement applies prospectively to business combinations for which the
acquisition date is on or after the beginning of the first annual
reporting period beginning on or after December 15, 2008. An entity may
not apply it before that date. The effective date of this statement is
the same as that of the related FASB Statement No. 160, Noncontrolling
Interests in Consolidated Financial Statements.  The Company will adopt
this statement beginning March 1, 2009. It is not believed that this
will have an impact on the Company's consolidated financial position,
results of operations or cash flows.

In February 2007, the FASB, issued SFAS No. 159, The Fair Value Option
for Financial Assets and Liabilities-Including an Amendment of FASB
Statement No. 115.  This standard permits an entity to choose to
measure many financial instruments and certain other items at fair
value. This option is available to all entities. Most of the provisions
in FAS 159 are elective; however, an amendment to FAS 115 Accounting
for Certain Investments in Debt and Equity Securities applies to all
entities with available for sale or trading securities. Some
requirements apply differently to entities that do not report net
income. SFAS No. 159 is effective as of the beginning of an entities
first fiscal year that begins after November 15, 2007. Early adoption
is permitted as of the beginning of the previous fiscal year provided
that the entity makes that choice in the first 120 days of that fiscal
year and also elects to apply the provisions of SFAS No. 157 Fair Value
Measurements.  The Company will adopt SFAS No. 159 beginning March 1,
2008 and is currently evaluating the potential impact the adoption of
this pronouncement will have on its consolidated financial statements.

In September 2006, the FASB issued SFAS No. 157, Fair Value
Measurements.  This statement defines fair value, establishes a
framework for measuring fair value in generally accepted accounting
principles (GAAP), and expands disclosures about fair value
measurements. This statement applies under other accounting
pronouncements that require or permit fair value measurements, the
Board having previously concluded in those accounting pronouncements

<PAGE>19
                    GLOBALINK, LTD. And Subsidiary
                    Notes to Financial Statements
                             March 31, 2010
                      (Expressed in U.S. Dollars)

that fair value is the relevant measurement attribute. Accordingly,
this statement does not require any new fair value measurements.
However, for some entities, the application of this statement will
change current practice. This statement is effective for financial
statements issued for fiscal years beginning after November 15, 2007,
and interim periods within those fiscal years. Earlier application is
encouraged, provided that the reporting entity has not yet issued
financial statements for that fiscal year, including financial
statements for an interim period within that fiscal year. The Company
will adopt this statement March 1, 2008, and it is not believed that
this will have an impact on the Company's consolidated financial
position, results of operations or cash flows.

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




<PAGE>20

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

Trends and Uncertainties.

We are pursuing financing for our operations and seeking additional
investments to launch the Hotel Travel booking web site.  We will need
a minimum of $500,000 over the next twelve months to continue the
operation and to launch the Hotel Travel booking web site.  We acquired
all of the common shares of OneWorld for 2,000,000 common shares and a
promissory note.  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.

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



<PAGE>21

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.

Prior to the acquisition of OneWorld, all of Globalink's operating
capital has either been advanced by current shareholders or from
proceeds for the issuance on common shares.

After acquisition of OneWorld on Oct 31, 2008, Globalink received
significant improvement in cash position.  At March 31, 2010, Globalink
& its subsidiary have $266,943 cash on hand.

For the three months ended March 31, 2010, Globalink acquired capital
assets of $1,385 and has a note payable for the purchase of subsidiary
of $(159,105).  As a result, Globalink had cash flows used in investing
activities of $160,490 for the three months ended March 31, 2010.

For the three months ended March 31, 2009, Globalink did not pursue any
investing activities.

For the three months ended March 31, 2010, Globalink repaid advances
from shareholders of $19,003 resulting in cash flows used in financing
activities of $19,003.

For the three months ended March 31, 2009, Globalink received advances
from shareholders of $24,617 resulting in cash flows from financing
activities of $24,617.

Results of Operations

For the three months ended March 31, 2010, Globalink received revenues
of $78,176.  Expenses consisted of wages and salaries of $41,903 and
other administrative expenses of $18,798.

Comparatively, for the three months ended March 31, 2009, Globalink
received any revenues of $65,727.  The net loss for the period was
$(23,606).  The expenses of $68,698 consisted mainly of basic operating
expenses and legal and accounting expenses necessary to complete
filings with the Securities and Exchange Commission.  Other
administrative expenses decreased do to management's attempts to reduce
overhead costs.

Hotel booking web site: The initial structure and preliminary functions
of the Hotel Booking Web sites are done. We will launch the hotel web
site in two stages.

The first stage of the web site to launch will be the booking functions
for the existing customers of OneWorld. We believe the on-line booking
will help the OneWorld sales increase significantly because they can
capture new sales without the time zone difference in a short period of



<PAGE>22

time. We also accept and welcome the comments and suggestion from the
existing users (customers) about the web site. These suggestions will
help us to improve our web site to be more user-friendly and easy to
use.

By the end of this year, we will launch the final product, Hotel
Booking Web site for consumers in general.

Off-Balance Sheet Arrangements

Globalink had no material off-balance sheet arrangements as of March 31,
2010.

Contractual Obligations

Globalink has no material contractual obligations

New Accounting Pronouncements

In May 2008, the Financial Accounting Standards Board ("FASB") issued
SFAS No. 163, "Accounting for Financial Guarantee Insurance Contracts-
and interpretation of FASB Statement No. 60".  SFAS No. 163 clarifies
how Statement 60 applies to financial guarantee insurance contracts,
including the recognition and measurement of premium revenue and claims
liabilities. This statement also requires expanded disclosures about
financial guarantee insurance contracts. SFAS No. 163 is effective for
fiscal years beginning on or after December 15, 2008, and interim
periods within those years. SFAS No. 163 has no effect on the Company's
financial position, statements of operations, or cash flows at this
time.

In May 2008, the Financial Accounting Standards Board ("FASB") issued
SFAS No. 162, "The Hierarchy of Generally Accepted Accounting
Principles".  SFAS No. 162 sets forth the level of authority to a given
accounting pronouncement or document by category. Where there might be
conflicting guidance between two categories, the more authoritative
category will prevail. SFAS No. 162 will become effective 60 days after
the SEC approves the PCAOB's amendments to AU Section 411 of the AICPA
Professional Standards. SFAS No. 162 has no effect on the Company's
financial position, statements of operations, or cash flows at this
time.

In March 2008, the Financial Accounting Standards Board, or FASB,
issued SFAS No. 161, Disclosures about Derivative Instruments and
Hedging Activities-an amendment of FASB Statement No. 133.  This
standard requires companies to provide enhanced disclosures about (a)
how and why an entity uses derivative instruments, (b) how derivative
instruments and related hedged items are accounted for under Statement
133 and its related interpretations, and (c) how derivative instruments
and related hedged items affect an entity's financial position,
financial performance, and cash flows. This Statement is effective for
financial statements issued for fiscal years and interim periods
beginning after November 15, 2008, with early application encouraged.



<PAGE>23

The Company has not yet adopted the provisions of SFAS No. 161, but
does not expect it to have a material impact on its consolidated
financial position, results of operations or cash flows.

In December 2007, the SEC issued Staff Accounting Bulletin (SAB) No.
110 regarding the use of a "simplified" method, as discussed in SAB No.
107 (SAB 107), in developing an estimate of expected term of "plain
vanilla" share options in accordance with SFAS No. 123 (R), Share-Based
Payment.  In particular, the staff indicated in SAB 107 that it will
accept a company's election to use the simplified method, regardless of
whether the company has sufficient information to make more refined
estimates of expected term. At the time SAB 107 was issued, the staff
believed that more detailed external information about employee
exercise behavior (e.g., employee exercise patterns by industry and/or
other categories of companies) would, over time, become readily
available to companies. Therefore, the staff stated in SAB 107 that it
would not expect a company to use the simplified method for share
option grants after December 31, 2007. The staff understands that such
detailed information about employee exercise behavior may not be widely
available by December 31, 2007. Accordingly, the staff will continue to
accept, under certain circumstances, the use of the simplified method
beyond December 31, 2007. The Company currently uses the simplified
method for "plain vanilla" share options and warrants, and will assess
the impact of SAB 110 for fiscal year 2009. It is not believed that
this will have an impact on the Company's consolidated financial
position, results of operations or cash flows.

In December 2007, the FASB issued SFAS No. 160, Noncontrolling
Interests in Consolidated Financial Statements-an amendment of ARB No.
51.  This statement amends ARB 51 to establish accounting and reporting
standards for the noncontrolling interest in a subsidiary and for the
deconsolidation of a subsidiary. It clarifies that a noncontrolling
interest in a subsidiary is an ownership interest in the consolidated
entity that should be reported as equity in the consolidated financial
statements. Before this statement was issued, limited guidance existed
for reporting noncontrolling interests. As a result, considerable
diversity in practice existed. So-called minority interests were
reported in the consolidated statement of financial position as
liabilities or in the mezzanine section between liabilities and equity.
This statement improves comparability by eliminating that diversity.
This statement is effective for fiscal years, and interim periods
within those fiscal years, beginning on or after December 15, 2008
(that is, January 1, 2009, for entities with calendar year-ends).
Earlier adoption is prohibited. The effective date of this statement is
the same as that of the related Statement 141 (revised 2007). The
Company will adopt this Statement beginning March 1, 2009. It is not
believed that this will have an impact on the Company's consolidated
financial position, results of operations or cash flows.

In December 2007, the FASB, issued FAS No. 141 (revised 2007), Business
Combinations.' This Statement replaces FASB Statement No. 141, Business
Combinations, but retains the fundamental requirements in
Statement 141.  This Statement establishes principles and requirements
for how the acquirer: (a) recognizes and measures in its financial

<PAGE>24

statements the identifiable assets acquired, the liabilities assumed,
and any noncontrolling interest in the acquiree; (b) recognizes and
measures the goodwill acquired in the business combination or a gain
from a bargain purchase; and (c) determines what information to
disclose to enable users of the financial statements to evaluate the
nature and financial effects of the business combination. This
statement applies prospectively to business combinations for which the
acquisition date is on or after the beginning of the first annual
reporting period beginning on or after December 15, 2008. An entity may
not apply it before that date. The effective date of this statement is
the same as that of the related FASB Statement No. 160, Noncontrolling
Interests in Consolidated Financial Statements.  The Company will adopt
this statement beginning March 1, 2009. It is not believed that this
will have an impact on the Company's consolidated financial position,
results of operations or cash flows.

In February 2007, the FASB, issued SFAS No. 159, The Fair Value Option
for Financial Assets and Liabilities-Including an Amendment of FASB
Statement No. 115.  This standard permits an entity to choose to
measure many financial instruments and certain other items at fair
value. This option is available to all entities. Most of the provisions
in FAS 159 are elective; however, an amendment to FAS 115 Accounting
for Certain Investments in Debt and Equity Securities applies to all
entities with available for sale or trading securities. Some
requirements apply differently to entities that do not report net
income. SFAS No. 159 is effective as of the beginning of an entities
first fiscal year that begins after November 15, 2007. Early adoption
is permitted as of the beginning of the previous fiscal year provided
that the entity makes that choice in the first 120 days of that fiscal
year and also elects to apply the provisions of SFAS No. 157 Fair Value
Measurements.  The Company will adopt SFAS No. 159 beginning March 1,
2008 and is currently evaluating the potential impact the adoption of
this pronouncement will have on its consolidated financial statements.

In September 2006, the FASB issued SFAS No. 157, Fair Value
Measurements.  This statement defines fair value, establishes a
framework for measuring fair value in generally accepted accounting
principles (GAAP), and expands disclosures about fair value
measurements. This statement applies under other accounting
pronouncements that require or permit fair value measurements, the
Board having previously concluded in those accounting pronouncements
that fair value is the relevant measurement attribute. Accordingly,
this statement does not require any new fair value measurements.
However, for some entities, the application of this statement will
change current practice. This statement is effective for financial
statements issued for fiscal years beginning after November 15, 2007,
and interim periods within those fiscal years. Earlier application is
encouraged, provided that the reporting entity has not yet issued
financial statements for that fiscal year, including financial
statements for an interim period within that fiscal year. The Company
will adopt this statement March 1, 2008, and it is not believed that
this will have an impact on the Company's consolidated financial
position, results of operations or cash flows.


<PAGE>25

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


Item 3.  Quantitative and Qualitative Disclosures about Market Risk

We do not consider the effects of interest rate movements to be a
material risk to our financial condition.  We do not hold any
derivative instruments and do not engage in any hedging activities.


Item 4T.  Controls and Procedures.

During the three months ended March 31, 2010, 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 March 31, 2010.  Based on this evaluation, our chief executive
officer and chief principal financial officers have concluded such
controls and procedures effective as of March 31, 2010 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.



<PAGE>26

PART II - OTHER INFORMATION

Item 1. Legal Proceedings. not applicable.

Item 1A. Risk Factors.  not applicable

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
          not applicable.

Item 3. Defaults Upon Senior Securities.
          not applicable.

Item 4. Submission of Matters to a Vote of Security Holders.
          not applicable.

Item 5. Other Information. not applicable.

Item 6. Exhibits

       Exhibit 31 - Certifications pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002
       Exhibit 32 - Certifications pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002

SIGNATURES

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

Dated:  May 19, 2010

GLOBALINK, LTD.

By: /s/Robin Young
---------------------------
Robin Young, President and Director