<DOCUMENT>
<TYPE>10QSB
<SEQUENCE>1
<FILENAME>globalwise10qsb.txt
<TEXT>
                          UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

                           FORM 10-QSB


[X]    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
       EXCHANGE ACT OF 1934

       For the quarterly period ended September 30, 2005

[ ]    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
       EXCHANGE ACT OF 1934

       Commission File No. 000-31671

                   GLOBALWISE INVESTMENTS, INC.
(Exact name of Small Business Issuer as specified in its charter)

                NEVADA                        87-0613716
       (State of incorporation)  (I.R.S. Employer Identification Number)

2157 S. Lincoln Street, Salt Lake City, Utah     84106
(Address of principal executive offices)         (Zip Code)

Issuer's telephone number:  (801) 323-2395

Check whether the issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for
such shorter period that the issuer 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 is a shell company (as defined
in Rule 12b-2 of the Exchange Act).   Yes [X]   No [ ]

As of October 25, 2005 Globalwise Investments, Inc. had 802,000 common shares
outstanding.

Transitional small business disclosure format:  Yes [ ]  No [X]

<PAGE>


                        TABLE OF CONTENTS

                  PART I: FINANCIAL INFORMATION

Item 1.  Financial Statements...............................2

Item 2.  Plan of Operation..................................8

Item 3.  Controls and Procedures............................8

                    PART II: OTHER INFORMATION

Item 5.  Other Information..................................9

Item 6.  Exhibits...........................................9

Signatures..................................................9



                  PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

The financial information set forth below with respect to our statements of
operations for the three and nine month periods ended September 30, 2005 and
2004 is unaudited.  This financial information, in the opinion of management,
includes all adjustments consisting of normal recurring entries necessary for
the fair presentation of such data.  The results of operations for the nine
month period ended September 30, 2005, are not necessarily indicative of
results to be expected for any subsequent period.




                                2

<PAGE>












                   Globalwise Investments, Inc.

                       Financial Statements

                        September 30, 2005







                                3

<PAGE>


                   Globalwise Investments, Inc.
                  (A Development Stage Company)
                          Balance Sheets

                              ASSETS



                                                 September 30   December 31
                                                     2005          2004
                                               -------------- --------------
                                                 (Unaudited)
CURRENT ASSETS
   Cash                                        $       4,085  $      3,081
                                               -------------- -------------

  TOTAL ASSETS                                 $       4,085  $      3,081
                                               ============== =============

                   LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

Accounts Payable - Related parties             $      26,345  $     26,345
Accounts Payable - Other                                   -           185
Advance Payable                                       10,000         5,000
                                               -------------- -------------
  Total Liabilities                                   36,345        31,530

STOCKHOLDERS' EQUITY

Common Stock, $.001 par value; 50,000,000
  shares authorized; 802,000 shares issued
  and outstanding                                        802           802

Additional paid in Capital                            27,542        27,542

Deficit Accumulated During the Development Stage     (60,604)      (56,793)
                                               -------------- -------------

  Total Stockholders' Equity (deficit)               (32,260)      (28,449)
                                               -------------- -------------

  TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY   $       4,085  $      3,081
                                               ============== =============


                                4

<PAGE>


                   Globalwise Investments, Inc.
                  (A Development Stage Company)
                     Statement of Operations
                           (Unaudited)


<TABLE>
<CAPTION>
                                                                                        From
                                                                                        Inception on
                            For the three  For the three  For the nine   For the nine   October 3,
                            months ended   months ended   months ended   months ended   1997
                            Sept. 30,      Sept. 30,      Sept. 30,      Sept. 30,      to Sept. 30,
                            2005           2004           2005           2004           2005
                            -------------- -------------- -------------- -------------- --------------
<s>                         <c>            <c>            <c>            <c>            <c>

REVENUES                    $           -  $           -  $           -  $           -  $           -
                            -------------- -------------- -------------- -------------- --------------
EXPENSES
  General & Administrative          2,157            514          3,811          1,760         60,604
                            -------------- -------------- -------------- -------------- --------------

    TOTAL EXPENSES                  2,157            514          3,811          1,760         60,604
                            -------------- -------------- -------------- -------------- --------------

NET INCOME (LOSS)           $      (2,157) $        (514) $      (3,811) $      (1,760) $     (60,604)
                            ============== ============== ============== ============== ==============

NET LOSS PER SHARE          $           -  $           -  $           -  $           -  $       (0.08)
                            ============== ============== ============== ============== ==============
WEIGHTED AVERAGE SHARES
  OUTSTANDING                     802,000        802,000        802,000        802,000        719,583
                            ============== ============== ============== ============== ==============


                                        5

</TABLE>
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<TABLE>
<CAPTION>



                     Globalwise Investments, Inc.
                    (A Development Stage Company)
                       Statement of Cash Flows
                             (Unaudited)


                                                                            From
                                                                            Inception on
                                                                            October 3,
                                                 For the nine months ended  1997
                                                       September 30,        Through
                                              ----------------------------- September 30,
                                                    2005          2004      2005
                                              -------------- -------------- --------------
<s>                                           <c>            <c>            <c>
Cash Flows from Operating Activities

  Net Loss                                    $      (3,811) $      (1,760) $     (60,604)
  Less Non-cash Items:
  Capital contributions - expenses                        -              -          6,550
  Increase in inventory                                   -              -        (21,744)
  Stock issued for services                               -              -              -
  Increase in Accounts Payable                         (185)             -         26,944
                                              -------------- -------------- --------------
  Net Cash Provided (Used) by
  Operating Activities                               (3,996)        (1,760)       (48,854)
                                              -------------- -------------- --------------
Cash Flows from Investing Activities
  Purchase of equipment                                   -              -        (20,530)
  Loss of cash in spin-off                                -              -         (1,531)
                                              -------------- -------------- --------------
  Net Cash Provided (Used) by
  Investing Activities                                    -              -        (22,061)
                                              -------------- -------------- --------------
Cash Flows from Financing Activities
  Proceeds from stock issuance                            -              -         65,000
  Cash received from advances                         5,000          5,000         10,000
                                              -------------- -------------- --------------
  Net Cash Provided (Used) by
  Financing Activities                                5,000          5,000         75,000
                                              -------------- -------------- --------------

Increase (Decrease) in Cash                           1,004          3,240          4,085

Cash and Cash Equivalents at
  Beginning of Period                                 3,081              -              -
                                              -------------- -------------- --------------

Cash and Cash Equivalents at End of Period    $       4,085  $       3,240  $       4,085
                                              ============== ============== ==============

Supplemental Cash Flow Information:

  Stock issued for services                   $           -  $           -  $           -

  Cash Paid For:

   Interest                                   $           -  $           -  $           -
   Income Taxes                               $           -  $           -  $           -




                                  6

</TABLE>
<PAGE>


                   Globalwise Investments, Inc.
                  (A Development Stage Company)
                Notes to the Financial Statements
                        September 30, 2005


GENERAL

Globalwise Investments, Inc. (the Company) has elected to omit substantially
all footnotes to the financial statements for the nine months ended September
30, 2005,  since there have been no material changes (other than indicated in
other footnotes) to the information previously reported by the Company in
their Annual Report filed on the Form 10-KSB for the twelve months ended
December 31, 2004.


UNAUDITED INFORMATION

The information furnished herein was taken from the books and records of the
Company without audit.  However, such information reflects all adjustments
which are, in the opinion of management, necessary to properly reflect the
results of the interim period presented.  The information presented is not
necessarily indicative of the results from operations expected for the full
fiscal year.


                                7

<PAGE>


In this report references to "Globalwise," "we," "us," and "our" refer to
Globalwise Investments, Inc.

        SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

The Securities and Exchange Commission ("SEC") encourages companies to
disclose forward-looking information so that investors can better understand
future prospects and make informed investment decisions.  This report contains
these types of statements.  Words such as "may," "will," "expect," "believe,"
"anticipate," "estimate," "project," or "continue" or comparable terminology
used in connection with any discussion of future operating results or
financial performance identify forward-looking statements.  You are cautioned
not to place undue reliance on the forward-looking statements, which speak
only as of the date of this report.  All forward-looking statements reflect
our present expectation of future events and are subject to a number of
important factors and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements.

ITEM 2.  PLAN OF OPERATION

During the next twelve months our management intends to actively seek an
operating company to acquire or merge with which may provide operating
revenue.  Based on current economic and regulatory conditions, management
believes that it is possible, if not probable, for a company like ours,
without many assets or liabilities, to negotiate a merger or acquisition with
a viable private company.  The opportunity arises principally because of the
high legal and accounting fees and the length of time associated with the
process of "going public."  However, should a merger or acquisition prove
unsuccessful, it is possible that we may decide not to pursue further
acquisition activities and management may abandon its activities and our
shares would become worthless.

As of the date of this filing, we have not identified any assets or business
opportunities for acquisition.  Potential investors must recognize that
because of limited capital available for investigation of business
opportunities and management's limited experience in business analysis, we may
not discover or adequately evaluate adverse facts about any business
opportunity to be acquired.  All risks inherent in new and inexperienced
enterprises are inherent in our plan.

It is emphasized that our management may effect transactions having a
potentially adverse impact upon our shareholders pursuant to the authority and
discretion of our management to complete acquisitions without submitting any
proposal to the stockholders for their consideration.

As of September 30, 2005 we had $4,085 cash on hand and total current
liabilities of $36,345.  The majority of our operating expenses are related to
our reporting obligations under the Exchange Act.  These expenses include
legal, accounting and professional services and costs required to prepare and
file our reports with the SEC.  We are unable to pay cash for these services
and have relied on advances and loans from related parties to pay for these
costs on our behalf.  These parties have not entered into written agreements
guaranteeing advances and, therefore, these parties are not obligated to
provide funds in the future.  However, management anticipates that these
parties will continue to pay for these costs on our behalf during the next
twelve months.  Historically, we have paid for these advances by converting
the debt into common stock.

ITEM 3. CONTROLS AND PROCEDURES

Our President, who acts in the capacity of principal executive officer and
principal financial officer, has evaluated the effectiveness of our disclosure
controls and procedures as of the end of the period covered by this report.
Based on that evaluation, he concluded that our disclosure controls and
procedures were effective.

Also, he determined that there were no changes made in our internal controls
over financial reporting during the third quarter of 2005 that have materially
affected, or are reasonably likely to materially affect our internal control
over financial reporting.




                                8

<PAGE>


                   PART II - OTHER INFORMATION

ITEM 5.  OTHER INFORMATION

On Tuesday, November 22, 2005 we will hold our annual shareholders' meeting at
the Grand America Hotel, located at 555 South Main, Salt Lake City, Utah, at
2:00 p.m. local time.  On November 3, 2005 we mailed a proxy statement to our
shareholders of record as of October 11, 2005.  At this meeting the
shareholders entitled to vote, either in person or by proxy, will elect two
directors to our board and vote on any other business properly brought before
the meeting.

ITEM 6.  EXHIBITS

Part I Exhibits

31.1    Principal Executive Officer Certification
31.2    Principal Financial Officer Certification
32.1    Section 1350 Certification

Part II Exhibits

3.1     Articles of Incorporation, as amended (Incorporated by reference to
        exhibit 3.1 of Form 10-QSB, filed October 11, 2001)
3.2     Bylaws of Globalwise (Incorporated by reference to exhibit 3.3 of Form
        10-SB, filed October 2, 2000.)





                            SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned thereunto duly
authorized.


                                 GLOBALWISE INVESTMENTS, INC.

                                      /s/ Donald R. Mayer
Date: 11-7-05                    By: ________________________________________
                                     Donald R. Mayer
                                     President, Principal Executive Officer,
                                     Principal Financial Officer, and Director



                                9
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