Globetech Ventures

   [1](GTVCF:OTCBB) $0.77 - 0.82 on 275,300 shares.

   The Company has recently announced the acquisition of a gold property
   of approximately 130,000 acres in the Amapa State, Brazil. This is one
   of the most prolific greenstone belts in Brazil and has attracted the
   attention of many multi-national mining companies. This acquisition
   could give Globetech a prominent name in the exploration of this very
   hot area of exploration. Globetech, unlike most mining companies, has
   a small number of shares outstanding and could see a substantial
   increase in the price of the stock as the investing public becomes
   aware of the company. There are presently only 9.5 million shares
   outstanding and only 3-4 million shares in the public float. There are
   two small cap stock services now following the company with buy
   recommendations and targets of $3-5 in the short term.

   The recent acquisition is for restricted stock with a payout quite
   favorable to the company and its shareholders. The sellers with be
   able to register and sell only 200,000 shares each every 6 months
   starting in September 4, 2004 and a similar amount every 6 months fir
   18 months. This assures prospective shareholders that the sellers of
   the property cannot flood the market with stock. Trading back above
   $1.00 should see a quick move up to the $1.50 area and then up to the
   short term target of $3.00-5.00 in January-March, 2004. This week the
   Public Relations campaign should begin and then after Christmas a road
   show with European and Canadian institutions and brokerage firms. We
   expect additional news on the naming of the head geologist for the
   project. Most gold analysts are looking for much higher prices.

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References

   1. http://finance.yahoo.com/q?s=GTVCF.OB
   2. http://finance.yahoo.com/q?s=GTVCF.OB