GLOBETECH VENTURES CORP.
Management Discussion and Analysis
For the nine Months Ended June 30, 2007
DA August 25, 2007
Globetech Ventures Corp. ("Globetech" or the "Company"), a public company listed on the OTC Bulletin Board
under the symbol GTVCF, was incorporated under the laws of the Province of British Columbia on November
20, 1991 under the name Universal Enterprises Corp. The Company then changed its name to Colossal
Resources Corp. on August 17, 1992 and became a reporting issuer with its shares listed for trading on the
Vancouver Stock Exchange under the symbol CLP. On February 24, 1997 the Company voluntarily de-listed its
shares from the Vancouver Stock Exchange and its shares were listed for trading on the NASDAQ Small Cap
Exchange under the symbol CLPZF on April 3, 1996. On July 28, 1998 the Company's shares were de-listed
from the NASDAQ Small Cap Exchange for failing to maintain a bid price of not less than US$1.00 per share.
The Company subsequently listed its shares for trading on the OTC Bulletin Board under the symbol CLPZF. On
September 20, 2000 the Company changed its name to Globetech Ventures Corp. with a new trading symbol of
The Company's head office and principal place of business is located at Suite 901 - 938 Howe Street,
Vancouver, BC, V6Z 1N9.
Business of the Company
Globetech's principal business activities include the acquiring and exploration of mineral properties and the
processing of related mineral resources.
On February 28, 2005, Globetech entered into an option agreement whereby the Company can earn a 100%
interest in the Gladys Lake porphyry molybdenum property from Mr. John Peter Ross of Whitehorse, Yukon.
The Gladys Lake property is situated in northwestern British Columbia approximately 50 km northeast of Atlin
and 15 km north of the Adanac molybdenum deposit presently undergoing final engineering studies and
In order to earn a 100% interest, the Company is required to pay a total of $95,000, in ascending p