UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

x ~~[X]~~ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

FOR THE QUARTERLY PERIOD ENDED ~~SEPTEMBER~~MARCH 3031, ~~2009~~ 2012

¨ ~~[ ]~~ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE

EXCHANGE ACT FOR THE TRANSITION PERIOD FROM

_______________ to _______________

Commission File Number 333-89208

2-TRACK GLOBAL, INC. ~~(Exact name of small business issuer as specified in its charter)~~

NEVADA		41-2036671
(State of Incorporationincorporation or organization)		(I.R.S. Employer IdentificationNumber)

(Exact name of small business issuer as specified in its charter)

1270 Broadway #501, New York, NY		10001
NEVADA		41-2036671
(State of other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification Number)
716 Newman Springs Road, Ste.307 Lincroft, New Jersey		07738
(Address of Principal Executive Offices)		(Zip Code)
Issuer's telephone number:	(646) 450-6260

~~Issuer's~~Indicate ~~telephone~~by ~~number:~~check mark whether the issuer (~~732~~1) ~~927-3820~~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 issuer was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days: Yes ¨ No x

Indicate by check mark whether the issuer (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 issuer was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days:

Yes X No

The number of shares of the issuer's common stock outstanding as of June 30, 2009 was 56,577,280.

Indicate by check mark whether the registrant is a shell company (as defined in rule 12b-2 of the Exchange Act).

Yes No X

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer Accelerated filer Non-accelerated filer Smaller reporting company X

Page - 1

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 during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes ¨ No Xx

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

~~INDEX~~Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. (Check one):

		Page of Report
PART I - FINANCIAL INFORMATION		4
ITEM 1. FINANCIAL STATEMENTS		4
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS		13
ITEM 4T. CONTROLS AND PROCEDURES		17
PART II - OTHER INFORMATION		17
ITEM 1A. RISK FACTORS		17
ITEM 6. EXHIBITS		20
SIGNATURES		20

	Large accelerated filer ¨	Accelerated filer ¨

	Non-accelerated filer ¨	Smaller reporting company x

The number of shares of the issuer’s common stock outstanding ~~Page~~as -of 3August 29, 2012 was 874,500.

PART I - FINANCIAL INFORMATION

INDEX

PART I - FINANCIAL INFORMATION		3

ITEM 1.	FINANCIAL STATEMENTS	3

ITEM 2.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	16

ITEM 4.	CONTROLS AND PROCEDURES	19

PART II - OTHER INFORMATION		21

ITEM 1A.	RISK FACTORS	21

ITEM 2.	UNREGISTERED SALES OF EQUITY SECURITIES	23

ITEM 5.	OTHER INFORMATION	23

ITEM 6.	EXHIBITS	23

SIGNATURES		24

~~ITEM 1. FINANCIAL STATEMENTS~~2

INDEX TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

INDEX TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

Consolidated Balance Sheets as of March 31, 2012 (Unaudited) and December 31, 2011 (Audited)	4

Consolidated Statements of Operations and Comprehensive Loss for the Three months ended March 31, 2012 and 2011 (Unaudited)	5

Consolidated Statements of Cash Flows for the Three months ended March 31, 2012 and 2011 (Unaudited)	6

Notes to Unaudited Consolidated Financial Statements	7

~~Consolidated Balance Sheets as of September 30, 2009 (Unaudited) December 31, 2008 (Audited) 5~~3

~~Consolidated~~2-TRACK ~~Statements of Operations for the Three and Nine months ended September 30~~GLOBAL, ~~2009~~INC. ~~and~~AND ~~2008 (Unaudited) 6~~SUBSIDIARIES

Consolidated ~~Statements~~Balance ~~of Cash Flows for the Nine months ended September 30, 2009 and 2008 (Unaudited) 7~~Sheets

~~Notes~~(Expressed toin ~~Unaudited~~US ~~Consolidated Financial Statements 8~~Dollars)

Page - 4

	March 31, 2012			December 31, 2011
	(Unaudited)			(Audited)
ASSETS

Current Assets
Cash and cash equivalents	$	244		$	170
Prepaid expenses		75			75
Total Current Assets		319			245

Property and equipment, net of accumulated depreciation		2,196			2,318
Total Assets	$	2,515		$	2,563

LIABILITIES AND STOCKHOLDERS' DEFICIENCY

Current Liabilities
Accounts payable and accrued expenses payable	$	1,281,095		$	1,277,735
Amounts due to related parties and former directors		1,394,237			1,394,237
Loans payable		405,805			405,805
Total Current Liabilities		3,081,137			3,077,777

Stockholders' Deficiency
Preferred stock, par value $0.001 per share; authorized 5,000,000 shares, none issued		-			-
Common stock, par value $0.001 per share; authorized 75,000,000 shares, issued and outstanding 874,500 and 874,500 shares, respectively		874			874
Additional paid-in capital		2,480,809			2,480,312
Accumulated deficit		(5,577,003	)		(5,573,098	)
Accumulated other comprehensive income		16,698			16,698
Total Stockholders' Deficiency		(3,078,622	)		(3,075,214	)
Total Liabilities & Stockholders' Deficiency	$	2,515		$	2,563

~~2-TRACK~~ See ~~GLOBAL~~notes ~~INC.~~to ~~AND~~consolidated ~~SUBSIDIARIES~~financial ~~Consolidated Balance Sheets (Expressed in US Dollars)~~statements

	September 30,2009	December 31,2008
ASSETS	(Unaudited)	(Audited)
Current Assets
Cash	$ 4,759	$ 2,900
Accounts receivable	12,947	29,385
Inventories	120,750	85,700
Prepaid expense	12,952	-
TOTAL CURRENT ASSETS	151,408	117,985
Property and Equipment, net of accumulated depreciation of $25,361 and $22,316 respectively	12,822	10,710
Intangible Assets, net of accumulated amortization of $10,176 and $7,044, respectively	32,524	28,023
TOTAL ASSETS	$ 196,754	$ 156,718
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)
Current Liabilities
Accounts payable and accrued expenses payable	$ 1,778,135	$ 1,454,487
Amounts due to related parties and former directors	824,892	586,343
Loans payable	384,952	132,500
Total Current Liabilities	2,986,979	2,172,330
Stockholders' Equity (Deficiency)
Common stock, par value $0.001 per share; authorized
75,000,000 shares, issued and outstanding
56,577,280 and 56,577,280 shares, respectively	56,577	56,577
Additional paid-in capital	2,391,565	2,385,217
Retained earnings (deficit)	(5,224,999)	(4,514,455)
Accumulated other comprehensive income (loss)	(13,368)	57,049
TOTAL STOCKHOLDERS' EQUITY (DEFICIENCY)	(2,790,225)	(2,015,612)
TOTAL CURRENT LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)	$ 196,754	$ 156,718

~~See~~2-TRACK ~~notes~~GLOBAL, toINC. ~~consolidated~~AND ~~financial statements.~~SUBSIDIARIES

~~Page~~Consolidated -Statements 5of Operations and Comprehensive Loss

~~2-TRACK GLOBAL INC. AND SUBSIDIARIES Consolidated Statements of Operations~~ (Expressed in US Dollars)

	Three Months Ended September 30,		Nine Months Ended September 30,
	2009	2008	2009	2008
	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)
Sales	$ 19,660	$ 228,387	$ 87,546	$ 724,552
Cost of Sales	$ 5,145	$ 199,821	$ 44,067	$ 458,990
Gross Profit (Loss)	14,515	28,566	43,479	265,562
Operating expenses:
Selling, general and administrative	84,180	156,893	481,404	494,492
Research and development	89,353	10,901	262,692	326,198
Depreciation of property and equipment	1,230	1,349	3,045	7,868
Amortization of intangible assets	1,044	858	3,132	2,548
Total operating expenses	175,807	170,001	750,273	831,106
Income(Loss) From Operations	(161,292)	(141,435)	(706,794)	(565,544)
Other Income(Expenses)
Interest income	-	48	-	230
Interest expense	(1,250)	(1,324)	(3,750)	(4,089)
Other income (expense) - net	(1,250)	(1,276)	(3,750)	(3,859)
Income(Loss) before income taxes	(162,542)	(142,711)	(710,544)	(569,403)
Income Taxes	-	-	-	-
Net Income (Loss)	$ (162,542)	$ (142,711)	$ (710,544)	$ (569,403)
Net loss per common share - basic and diluted	$ (0.00)	$ (0.00)	$ (0.01)	$ (0.01)
Weighted average number of common shares outstanding - basic and diluted	56,577,280	56,377,280	56,577,280	56,370,263

(Unaudited)

See notes to consolidated financial statements.

	Three Months ended March 31,
	2012			2011

Net sales	$	-		$	-
Cost of sales		-			-
Gross profit		-			-

Operating expenses:
Selling, general and administrative		630			2,240
Depreciation of property and equipment		122			-
Total operating expenses		752			2,240
Loss from operations		(752	)		(2,240	)
Other income (expenses)
Interest income		-			-
Interest expense		(3,153	)		(3,153	)
Loss before income taxes		(3,905	)		(5,393	)
Income taxes		-			-
Net loss	$	(3,905	)	$	(5,393	)

Net loss per share - basic and diluted	$	(0.00	)	$	(0.01	)

Weighted average number of common shares used to compute net loss per share-basic and diluted		874,500			873,970

Comprehensive Income Loss
Net loss	$	(3,905	)	$	(5,393	)
Foreign currency translation adjustment		-			-
Comprehensive loss	$	(3,905	)	$	(5,393	)

~~Page~~ See -notes 6to consolidated financial statements

~~2-TRACK GLOBAL, INC. AND SUBIDIARIES Consolidated Statements of Cash Flows (Expressed in U.S.Dollars)~~5

	Nine Months Ended September 30,
	2009	2008
	(Unaudited)	(Unaudited)
Cash Flows from Operating Activities
Net loss	$ (710,544)	$ (569,403)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Stock - based compensation	6,348	6,348
Depreciation of property and equipment	3,045	7,868
Amortization of intangible assetst	3,132	2,547
Foreign currency translation adjustment	(70,417)	154,812
Changes in operating assets and liabilities:
Accounts receivable	16,438	58,304
Inventories	(35,050)	(67,616)
Prepaid expenses	(12,952)	5,861
Accounts payable and accrued expenses payable	323,648	241,931
Cash provided by (used in) operating activities	(476,352)	(159,348)
Cash Flow from Investing Activities
Property and Equipment additions	(5,157)	-
Intangible assets additions	(7,633)	(5,674)
Cash used in investing activities	(12,790)	(5,674)
Cash Flow from Financing Activities
Proceeds from sales of common stock	-	2,798
Proceeds from loans	238,549	-
Amounts due to related parties and former director	252,452	166,276
Cash provided by (used in) financing activities	491,001	169,074
Increase (decrease) in cash	1,859	4,052
Cash, Beginning of period	2,900	5,735
Cash, End of period	$ 4,759	$ 9,787
Supplemental disclosures of cash flow information:
Interest paid	$ 3,750	$ 4,089
Income taxes paid	-	-

2-TRACK GLOBAL INC. AND SUBSIDIARIES

~~See~~Consolidated ~~notes~~Statements toof ~~consolidated~~Cash ~~financial statements.~~Flows

~~Page~~(Expressed -in 7US Dollars)

~~2-TRACK GLOBAL, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS SEPTEMBER 30, 2009~~ (~~UNAUDITED~~Unaudited)

Note 1. ORGANIZATION AND BUSINESS OPERATIONS

	Three Months ended
	March 31,			March 31,
Cash Flows from Operating Activities:	2012			2011

Net loss	$	(3,905	)	$	(5,393	)

Adjustments to reconcile net loss to net cash provided by operating activities
Depreciation of property and equipment		122			-
Stock-based compensation		497			2,240
Changes in operating assets and liabilities
Accounts payable and accrued expenses payable		3,360			3,153
Net cash provided by operating activities		74			-

Cash Flows from Investing Activities:		-			-


Cash Flows from Financing Activities:		-			-

Increase in cash and cash equivalents		74			-

Cash and cash equivalents, beginning of the period		170			58
Cash and cash equivalents, end of the period	$	244		$	58

Supplemental disclosures of cash flow information
Interest paid	$	-		$	-
Income taxes paid	$	-		$	-

~~2-Track~~See ~~Global,~~notes ~~Inc. ("TOTG") was incorporated in the state of Nevada on March 12, 2002 under the name ECP Ventures, Inc. From March 12, 2002 (inception)~~ to ~~November~~consolidated ~~30,~~financial ~~2004, TOTG pursued mineral exploration activities. Since November 30, 2004, TOTG has been a holding company.~~ statements

On November 30, 2004, TOTG acquired 2-Track Limited ("Limited"), a British corporation formed on October 11, 2002, in exchange for 18,000,000 shares of TOTG's common stock (representing 60% of TOTG's issued and outstanding common stock after the exchange transaction). Until November 17, 2008, Limited sold computer applications primarily used by customers for vessel and vehicle fleet management. On November 17, 2008, the Company decided to liquidate Limited (which liquidation was effectuated on February 17, 2009) and transferred certain assets and operations to 2-Track U.S.A., Inc. ("TTNY"), another wholly owned subsidiary of TOTG, which was incorporated in the State of New York on January 4, 2007. TTNY sells devices and software applications primarily used by business customers for security purposes. 6

~~The~~2-TRACK ~~accompanying consolidated financial statements include the accounts of TOTG and its wholly owned subsidiaries Limited and TTNY (collectively~~GLOBAL, ~~the "Company")~~INC. ~~All intercompany accounts and transactions have been eliminated in consolidation.~~AND SUBSIDIARIES

~~Going~~Notes ~~Concern~~to Consolidated Financial Statements

~~These~~March financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America applicable to a going concern which assumes that the Company will realize its assets and discharge its liabilities in the normal course of business. The Company has incurred losses of $531,~~224,999~~ since inception and has a working capital deficiency of $2,790,225 as at September 30, 2009. These factors create substantial doubt as to the ability of the Company to continue as a going concern. Realization values may be substantially different from the carrying values as shown in these financial statements should the Company be unable to continue as a going concern. Management is in the process of identifying sources for additional financing to fund the ongoing development of the Company's business. 2012

Note 21. ~~INTERIM~~ ~~FINANCIAL~~ORGANIZATION ~~STATEMENTS~~AND BUSINESS OPERATIONS

~~The~~2-Track ~~unaudited financial statements as of September 30~~Global, ~~2009~~Inc. ~~and~~("TOTG") ~~for~~was ~~the three and nine months ended September 30, 2009 and 2008 have been prepared~~ incorporated in ~~accordance with accounting principles generally accepted in~~ the ~~United~~state ~~States for interim financial information and with instructions to Form 10-Q. In the opinion~~ of ~~management,~~Nevada ~~the unaudited financial statements have been prepared~~ on ~~the~~March ~~same~~12, ~~basis~~2002 asunder the ~~annual~~name ~~financial~~ECP ~~statements and reflect all adjustments~~Ventures, ~~which~~Inc. ~~include~~From ~~only~~March ~~normal recurring adjustments~~12, ~~necessary~~2002 (inception) to ~~present~~November ~~fairly the financial position as of September~~ 30, ~~2009 and the results of operations and cash flows for the periods ended September 30~~2004, TOTG ~~2009~~pursued ~~and~~mineral ~~2008.~~exploration ~~The financial data and other information disclosed in these notes to the interim financial statements related to these periods are unaudited~~activities. ~~The~~Since ~~results~~November ~~for the three and nine months ended September~~ 30, ~~2009 is not necessarily indicative of the results to be expected for any subsequent quarter of the entire year ending December 31~~2004, ~~2009.~~TOTG ~~The balance sheet at December 31, 2008~~ has been ~~derived~~a ~~from~~holding ~~the audited financial statements at that date~~company.

On November 30, 2004, TOTG acquired 2-Track Limited ~~Page~~("Limited"), a British corporation formed in October 2002, in exchange for 18,000,000 shares of TOTG's common stock (representing 60% of TOTG's issued and outstanding common stock after the exchange transaction). Until November 17, 2008, Limited sold computer applications primarily used by customers for vessel and vehicle fleet management. On November 17, 2008, the Company decided to liquidate Limited and transferred certain assets, liabilities, and operations to 2-Track 8U.S.A., Inc. ("TTNY"), another wholly owned subsidiary of TOTG, which was incorporated in the state of New York on January 4, 2007. TTNY sells devices and software applications primarily used by business customers for security purposes.

~~Certain~~The ~~information~~accompanying ~~and~~consolidated ~~footnote disclosures normally included in~~ financial statements include ~~prepared in accordance with accounting principles generally accepted in~~ the ~~United~~accounts ~~States~~of ~~have~~TOTG ~~been~~and ~~condensed~~its orwholly ~~omitted~~owned ~~pursuant~~subsidiaries toLimited ~~the Securities~~ and ~~Exchange~~TTNY ~~Commission's~~(collectively, ~~rules~~the ~~and regulations~~"Company"). ~~These~~All ~~unaudited~~inter-company accounts ~~financial statements should be read in conjunction with our audited financial statements~~ and ~~notes~~transactions ~~thereto~~have ~~for~~been ~~the~~eliminated ~~year ended December 31, 2008 as included~~ in ~~our report on Form 10-K~~consolidation.

Effective October 14, 2011, TOTG effected a 1-for-70 ~~Note~~reverse 3stock split which reduced the number of issued and outstanding shares of TOTG common stock from 61,177,850 shares to 873,970 shares. ~~AMOUNTS~~ ~~DUE~~The TOconsolidated ~~RELATED~~financial ~~PARTIES~~statements ~~AND~~have ~~FORMER~~been ~~DIRECTORS~~retroactively adjusted to reflect this reverse stock split.

~~Amounts~~Going ~~due to related parties and former director consist of:~~ Concern

		September 30,		December 31,
		2009		2008
		(Unaudited)		(Audited)
Unpaid compensation
Chief executive officer	$	84,839	$	30,000
Consultant and former directors		413,000		323,000
Former director		24,000		24,000
Laons and advances payable, non interest bearing, due on demand:
Chief executive officer		295,685		203,312
Consultant and former directors		2,279		942
Former director		5,089		5,089
Total	$	824,892	$	586,343

These financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America applicable to a going concern which assumes that the Company will realize its assets and discharge its liabilities in the normal course of business. The Company has incurred losses of $5,577,003 since inception and has a working capital deficiency of $ (3,080,818) as at March 31, 2012. These factors create substantial doubt as to the ability of the Company to continue as a going concern. Realization values may be substantially different from the carrying values as shown in these financial statements should the Company be unable to continue as a going concern. Management is in the process of identifying sources for additional financing to fund the ongoing development of the Company's business.

Total compensation costs accrued to related parties and former directors (and included in selling, general and administrative expenses) for the nine months ended September 30, 2009 and 2008 were $180,000 and $180,000, respectively. 7

~~Page~~ 2-TRACK 9GLOBAL, INC. AND SUBSIDIARIESNotes to Consolidated Financial StatementsMarch 31, 2012

Note 42. ~~LOAN~~ ~~PAYABLE~~SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

~~Loans~~Interim ~~payable~~Financial ~~consist of:~~ Statements

		September 30,		December 31,
		2009		2008
		(Unaudited)		(Audited)
Due Octagon Investment, S.A., interest at 5%, due in monthly installments commencing February 22, 2010, convertible into shares of common stock at a price of $.39 per share	$	100,000	$	100,000
Due investor, interest at 10.7%, due on demand		28,000		28,000
Due investors, interest at 0%, due on demand		255,952		3,500
Total	$	383,952	$	131,500

The unaudited financial statements as of March 31, 2012 and for the three months ended March 31, 2012 and 2011 have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with instructions to Form 10-Q. In the opinion of management, the unaudited financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the financial position as of March 31, 2012 and the results of operations and cash flows for the three months ended March 31, 2012 and 2011. The financial data and other information disclosed in these notes to the interim financial statements related to these periods are unaudited. The results for the three month period ended March 31, 2012 are not necessarily indicative of the results to be expected for any subsequent quarter of the entire year ending December 31, 2012. The balance sheet at December 31, 2011 has been derived from the audited financial statements at that date.

Certain information and footnote disclosures normally ~~Note~~included 5in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to the Securities and Exchange Commission’s rules and regulations. ~~INCOME~~ ~~TAXES~~These unaudited financial statements should be read in conjunction with our audited financial statements and notes thereto for the year ended December 31, 2011 as included in our report on Form 10-K.

NoPrinciples ~~provision~~of ~~for income taxes was recorded in the three and nine months ended September 30, 2009 and 2008 since TOTG, TTNY and Limited incurred net losses in these periods.~~ Consolidation

~~Based~~The onaccompanying ~~management's~~consolidated ~~present~~financial ~~assessment,~~statements include the ~~Company~~accounts ~~has not yet determined it to be more likely than not that a deferred tax asset attributable to the future utilization~~ of ~~the~~TOTG ~~United States~~ and ~~United~~its ~~Kingdom~~subsidiaries ~~net~~Limited ~~operating~~and ~~loss~~TTNY ~~carryforwards as of September 30~~(collectively, ~~2009 will be realized. Accordingly,~~ the "Company ~~has provided a 100% allowance against the deferred tax asset in the financial statements at September 30, 2009~~"). ~~The~~All ~~Company~~inter-company ~~will continue to review this valuation allowance~~ accounts and ~~make~~transactions ~~adjustments~~have asbeen ~~appropriate.~~eliminated ~~The net operating loss carryforwards expire~~ in ~~varying amounts from year 2022 to 2029~~consolidation.

~~Current~~Basis ~~United States tax laws limit the amount~~ of ~~loss available to be offset against future taxable income when a substantial change in ownership occurs. Therefore, the amount available to offset future taxable income may be limited.~~ Presentation

The accompanying consolidated financial statements ~~Note~~of 62-Track Global, Inc. ~~PENSION~~ ~~AND~~have ~~EMPLOYMENT~~been ~~LIABILITIES~~prepared in accordance with accounting principles generally accepted in the United States of America (US GAAP).

~~The~~Use ~~Company~~of ~~does not have liabilities as at September 30, 2009 for pension, post-employment benefits or post-retirement benefits. The Company does not have a pension plan.~~ Estimates

The preparation of financial statements in conformity ~~Page~~with -US 10GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

~~Note 7. STOCKHOLDERS' EQUITY~~8

In2-TRACK ~~January 2006~~GLOBAL, ~~the Company adopted a stock incentive plan in order to provide an incentive to eligible employees, consultants, directors and officers of the Company~~INC. ~~The~~AND ~~Employee~~SUBSIDIARIESNotes ~~Stock Incentive Plan is a qualified plan authorizing the issuance of up~~ to ~~3,000,000~~ ~~shares~~Consolidated ~~pursuant~~Financial toStatementsMarch ~~the Plan. Awards would be in the form of incentive stock options or restricted stock awards and will be administered by a compensation committee or~~31, ~~in the absence of such committee, by the Board of Directors. The Plan has a term of ten years.~~ 2012

~~The~~Cash ~~Non-Employee Directors~~ and ~~Consultants~~Cash Retainer Stock Incentive Plan is a non-qualified plan authorizing the issuance of up to 3,000,000 shares pursuant to the Plan. Awards would be in the form of stock options or restricted stock awards and will be administered by a compensation committee or, in the absence of such committee, by the Board of Directors. The Plan has a term of ten years. Equivalents

~~Common~~The ~~Stock~~Company ~~Issuance~~considers short-term, highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.

On January 9, 2007, the Company issued 500,000 shares of common stock to Frank Snortheim for accepting a position as director of the Company. This stock grant, which vested on January 18, 2008, was valued at a total of $35,000 and was charged to operations ratably over the one year requisite service period. Inventories

Inventories are stated at lower of cost (first-in, ~~Stock~~first ~~options~~out method) or market. Where there is evidence that the utility of inventories, in their disposal in the ordinary course of business, will be less than cost, whether due to physical deterioration, obsolescence, changes in price levels, or other causes, a provision is accrued for the difference with charges to cost of sales.

OnProperty ~~March 24, 2006, the Company granted a total of 300,000 stock options to nine parties: 51,000 options to an officer, 51,000 options to a director, a total of 39,150 options to two employees,~~ and a total of 158,850 options to five consultants. The exercise price of the options is $ 0.21 per share. The 102,000 stock options granted to the officer and director vest at a rate of 12.5% per year and expire March 24, 2014; the remaining 198,000 stock options vest at a rate of 20% per year and expire March 24, 2011. For the nine months ended September 30, 2009, no options were exercised or forfeited and 300,000 stock options are outstanding at September 30, 2009, 183,225 of which are exercisable. Equipment

Property and equipment are stated at cost less accumulated ~~Page~~depreciation. The Company depreciates its furniture, fixtures and equipment using the straight-line 11method over the assets' estimated useful lives.

~~The fair value of the stock options granted was estimated at $ 49,165 using a Black~~Long-~~Scholes~~lived valuation model with the following assumptions: (1) risk-free interest rate- 4.7%, (2) expected dividend yield-0%, (3) expected volatility-95%, and (4) expected term-8 years (for 102,000 stock options), 5 years (for 198,000 stock options). This $ 49,165 compensation cost is being recognized over the requisite service period of the respective parties. $ 6,348 was charged to operations in the three months ended September 30, 2009 and 2008 and $ 19,537 is the unrecognized compensation cost at September 30, 2009. Assets

Long-lived assets are reviewed annually for impairment ~~Note~~and 8whenever events or changes in circumstances indicate that the carrying amount of the asset in question may not be recoverable. ~~Business~~ The ~~Concentrations~~Company measures impairment by comparing the carrying value of the long-lived assets to the estimated undiscounted future cash flows expected to result from the use of the assets and their eventual disposition. If the sum of the expected undiscounted cash flows is less than the carrying amount of the assets, the Company would recognize an impairment loss based on the fair value of the assets.

~~One~~Revenue ~~customer accounted for 25% of consolidated sales for the nine months ended September 30, 2009~~ Recognition

The Company enters into agreements to sell products ~~Page~~(hardware and software), services, and other arrangements that include combinations of products and services. Revenue from product sales, net of trade discounts and allowances, is recognized provided that persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed or determinable, and collectability is reasonably assured. Delivery is considered to have occurred when title and risk of loss have transferred to the customer. Revenue is reduced for estimated product returns and distributor price protection, when appropriate. For sales that include customer-specified 12acceptance criteria, revenue is recognized after the acceptance criteria have been met. Revenue from services is deferred and recognized over the contractual period or as services are rendered and accepted by the customer. When arrangements include multiple elements, the Company uses objective evidence of fair value to allocate revenue to the elements and recognize revenue when the criteria for revenue recognition have been met for each element. The amount of product revenue recognized is affected by judgments as to whether an arrangement includes multiple elements and if so, whether vendor-specific objective evidence of fair value exists for those elements. Changes to the elements in an arrangement and the ability to establish vendor-specific objective evidence for those elements could affect the timing of the revenue recognition. Most of these conditions are subjective and actual results could vary from the estimated outcome, requiring future adjustments to revenue.

~~ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS~~9

~~Caution~~2-TRACK ~~About~~GLOBAL, ~~Forward-Looking~~INC. ~~Statements~~AND SUBSIDIARIESNotes to Consolidated Financial StatementsMarch 31, 2012

~~This~~Income Form 10-Q includes "forward-looking" statements about future financial results, future business changes and other events that have not yet occurred. For example, statements like 2-Track "expects," "anticipates" or "believes" are forward-looking statements. Investors should be aware that actual results may differ materially from 2-Track's expressed expectations because of risks and uncertainties about the future. 2-Track does not undertake to update the information in this Form 10-Q if any forward-looking statement later turns out to be inaccurate. Details about risks affecting various aspects of 2-Track's business are discussed throughout this Form 10-Q and should be considered carefully. Taxes

Provisions for income taxes are based on taxes payable ~~Plan~~or refundable for the current period and deferred taxes on temporary differences between the amount of ~~Operation~~taxable income and pretax financial income and between the tax bases of assets and liabilities and their reported amounts in the financial statements. Deferred tax assets and liabilities are included in the financial statements at currently enacted income tax rates applicable to the period in which the deferred tax assets and liabilities are expected to be realized or settled as prescribed in Accounting Standards Codification (“ASC”) topic no. 740, “Income Taxes”. As changes in tax laws or rate are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Deferred tax assets are reduced by a valuation allowance when, in the ~~Next~~opinion ~~Twelve~~of ~~Months~~management, it is not more likely than not that some portion or all of the deferred tax assets will be realized.

~~2-Track~~Basic ~~Limited was a London-based company formed in October 2002~~ and ~~became~~Diluted ~~the~~Net ~~wholly-owned~~Loss ~~subsidiary~~Per of 2-Track on November 30, 2004. This subsidiary started reducing operations in November 2008 and was liquidated on February 17, 2009 and its assets and operations transferred to 2-Track U.S.A., Inc. ("TTNY"), another wholly-owned subsidiary of 2-Track. TTNY is now the primary operating entity of 2-Track. 2-Track also maintains a sales and research facility in New Jersey. Share

The Company computes net income (loss) per share ~~Business~~in ~~Operations~~accordance ~~Overview~~with ASC topic no. 260, "Earnings per Share". ASC topic no. 260 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.

~~Technical~~Disclosure ~~Roll-Out~~ about Fair Value of Financial Instruments

The Company estimates that the fair value of all ~~Barring~~financial ~~unexpected~~instruments ~~occurrences~~at March 31, ~~management~~2012 ~~anticipates~~does not differ materially from the ~~following~~aggregate ~~schedule~~carrying values of ~~roll-outs~~its ~~for~~financial ~~its~~instruments recorded ~~family~~in the accompanying balance sheets. The estimated fair value amounts have been determined by using available market information and appropriate valuation methodologies. Considerable judgment is required in interpreting market data to develop the estimates of ~~products~~fair ~~during~~value, and accordingly, the ~~next~~estimates 12are ~~months:~~not necessarily indicative of the amounts that could be realized in a current market exchange.

Condor iTrac Fuel -	3rd Generation Hardware with Fuel sensor	Dec 2009
Condor iTrac Pro -	3rd Generation Hardware with multi Integration	April 2010
NavGuard II -	2nd Generation Hardware with Wi-Fi	Jan 2010
Condor FMS -	MS mobile version software	Jan 2010
mTrac III -	3rd Geration Hardware	Jan 2010
Asset Tracker -	Asset Tracking Hardware	Dec 2009
Condor iView -	3G based DVR + Vehicle Tracking	Dec 2009
Condor bTrac -	Bike tracking hardware	Jan 2010

~~Business~~2-TRACK ~~Development~~ GLOBAL, INC. AND SUBSIDIARIESNotes to Consolidated Financial StatementsMarch 31, 2012

~~The~~Comprehensive primary business development targets for 2009 will be the continued expansion of distributor networks and OEM partners for the Condor FMS vehicle fleet management solution, the iTrac personal tracking system and the Starfish vessel fleet management solution. Condor, which currently sells in the UK, Africa, Middle East, and Asia in a GPRS format, will be expanded through the addition of LEO+GPRS as well as higher spec hardware for the US market. Income

Except for foreign currency translation adjustments, ~~Page~~the -Company 13has no items that represent other comprehensive income (loss).

~~Territorially~~Foreign ~~there~~Currency will be a strong emphasis on developing emerging markets in Africa and India markets characterized by a strong security need and being underserved through lack of GIS mapping technology, poor wireless network infrastructure, or political risk. Translation

The ~~2-Track~~functional ~~team~~currency of TOTG and TTNY is ~~now~~the United ~~started~~States todollar. ~~deal~~The ~~with~~functional ~~two~~currency ~~large~~of ~~Corporate~~Limited ~~security~~is ~~firms~~the asUnited ~~well~~Kingdom aspound ~~expanding~~sterling to("GBP"). The reporting currency of the ~~retail~~Company ~~market~~is the United States dollar. 2Limited assets and liabilities are translated into United States dollars at period-~~Track~~end ~~anticipates~~exchange ~~good~~rates ~~support~~($ ~~within~~1.6013 ~~the~~and ~~distribution~~$1.5686 at March 31, 2012 and ~~dealership~~December ~~communities~~31, 2011, respectively). InLimited ~~October~~revenues ~~2009,~~and 2expenses are ~~Track~~translated ~~appointed~~into ~~Niscayah~~United asStates ~~its~~dollars USat ~~based~~weighted ~~distributor~~average exchange rates for ~~corporate~~the ~~sector~~period in($ ~~the~~1.5714 ~~USA~~and $1.6020 Byfor ~~December~~the ~~2009~~three months ended March 31, ~~2-Track~~2012 ~~intends~~and to2011, ~~appoint~~respectively). ~~additional~~Resulting ~~distributors~~translation inadjustments ~~USA,~~are ~~Asia,~~recorded ~~Middle~~as ~~East,~~a ~~and~~component ~~Africa.~~of accumulated other comprehensive income (loss) within stockholders' equity.

At the date a foreign currency transaction is recognized, ~~Results~~each asset, liability, revenue, expense, gain, or loss arising from the transaction is measured initially in the functional currency of ~~Operation~~the recording entity by use of the exchange rate in effect at that date. The increase or decrease in expected functional currency cash flows upon settlement of a transaction resulting from a change in exchange rates between the functional currency and the currency in which the transaction is denominated is recognized as foreign currency transaction gain or loss that is included in determining net income for the period in which the exchange rate changes. At each balance sheet date, recorded balances that are denominated in a foreign currency are adjusted to reflect the current exchange rate.

~~From inception until the Exchange Transaction on November 30, 2004, 2~~Stock-~~Track's~~based predecessor, ECPV Ventures, Inc.'s ("ECPV") had not generated any revenues from inception to the closing of the Exchange Transaction. Since the Exchange Transaction, 2-Track (formerly ECPV) has been engaged in developing and marketing asset tracking and security technologies. Compensation

~~Three~~The Company accounts for stock-~~Month~~based ~~Period~~compensation in ~~Ended~~accordance ~~September~~with 30ASC topic no. 718, ~~2009~~“Compensation ~~versus~~– ~~2008~~Stock Compensation”. ASC 718 requires a public entity to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost is expensed over the period during which an employee is required to provide service in exchange for the award - the requisite service period (usually the vesting period).

During the quarter ended September 30, 2009, we had revenues of $19,660 compared to $228,387 for the same quarter of 2008. The decreased revenue was attributable to the decreased sales activities due to the closing of our UK operation. Cost of sales decreased to $5,145 for the quarter ended September 30, 2009 compared to $199,821 for the quarter ended September 30, 2008. The substantial decrease in cost of sales was commensurate with the decreased sales. Gross profits were $14,515 compared to $28,566 for the same quarter of 2008 reflecting the substantial decrease in sales revenue for the third quarter of 2009. Cost of sales as a percentage of sales decreased from 88% in 2008 to 26% in the second quarter of 2009. The significant decrease is due to the sales of maintenance and software, instead of hardwares. 11

2-TRACK ~~Operating expenses increased slightly from $170~~GLOBAL,~~001~~ ~~for the quarter ended September 30, 2008 to $175,806 for the quarter ended September 30, 2009~~INC. ~~The~~AND ~~Company~~SUBSIDIARIESNotes ~~paid or accrued $337,496 of wages and salaries during the quarter ended September 30, 2009. The entire amount is related~~ to ~~unpaid~~Consolidated ~~salaries~~Financial toStatementsMarch ~~employees in the liaison office. Professional and consulting fees were $35~~31,~~661~~ for the quarter ended September 30, 2009. We incurred research and development expenses of $89,353 in this quarter primarily related to our FMS products compared to $10,901 spent in the quarter ended September 30, 2008. The increase is primarily due a $71,496 overaccrual of research and development expenses in the second quarter of 2008 which was reversed in the third quarter of 2008 which resulted in substantially lower research and development costs. We also incurred interest expense of $1,250 in this quarter compared to $1,324 of interest expense during the same quarter of 2008 2012

WeNote ~~incurred a net loss of $162,542 for the quarter ended September 30, 2009 compared to a net loss of $142,711 for the same quarter in 2008~~3. ~~The~~PROPERTY ~~higher~~AND ~~loss is a result of lower sales revenue~~EQUIPMENT, ~~lower~~NET ~~gross profit and an increase in operating expenses.~~

~~Nine-Month~~Property ~~Period~~and ~~Ended~~equipment, ~~September 30~~net, ~~2009~~consist ~~versus 2008~~ of:

Revenues of 2-Track decreased by $637,006 to $87,546 for the nine months ended September 30, 2009 from $724,552 of revenue realized for the nine months ended September 30, 2008. 22% of the revenues were generated in the third quarter of 2009 and 89% of these revenues came from two customers. Cost of goods sold was $44,067 for the nine months ended September 30, 2009 compared to $458,990 of cost of goods sold for the same period ended September 30, 2008 which is commensurate with the sharp decline in sales revenue during 2009. Cost of goods sold as a percentage of sales decreased from 63% for the nine months ended September 30, 2008 to 50% in the same period of 2009.

	March 31, 2012			December 31, 2011
Furniture, Fixtures and Equipment	$	2,440		$	2,440
Accumulated depreciation		(244	)		(122	)
Net	$	2,196		$	2,318

~~Page~~Note -4. 14ACCOUNTS PAYABLE AND ACCRUED EXPENSES PAYABLE

~~Operating~~Accounts ~~expenses~~payable decreased modestly to $750,272 for the nine months ended September 30, 2009 from $831,106 for the same period ended September 30, 2008. The decreases were due primarily to the decreased expenses by the closing of UK operations. During the first nine months of 2009, the Company paid and accrued ~~$337,494~~expenses ofpayable wages. Research and development costs of $262,692 were expensed during the first nine months of 2009 compared to $326,198 expensed for R&D during the first nine months of 2008. Professional and consulting fees during the first nine months of 2009 were $211,494 compared to $140,202 for the same period in 2008 reflecting an increase in fees paid to technical advisors. The net loss for the nine months ended September 30, 2009 was $710,544 compared to a net loss of $569,403 recorded for the nine months ended September 30, 2008 primarily due to the decrease in sales.consist of:

Off-Balance Sheet Arrangements

	March 31, 2012		December 31, 2011
Vendors and service providers:
2-Track Global, Inc.	$	80,209	$	80,209
2-Track U.S.A., Inc. Korea office (including Korea tax withheld of $59,703 and $59,703, respectively)		59,703		59,703
2-Track U.S.A., Inc. other		798,976		795,616
2-Track Limited		302,447		302,447
Accrued interest payable		39,760		39,760
Total	$	1,281,095	$	1,277,735

~~During~~The ~~the~~Company ~~quarter~~believes ~~ended~~that ~~September~~the ~~30,~~liabilities ~~2009,~~relating to 2-Track ~~did~~Limited ~~not~~were ~~engage~~effectively indischarged ~~any~~as ~~off-balance~~a ~~sheet~~result ~~arrangements~~of asits ~~defined~~liquidation inon ~~Item~~February ~~303~~17, ~~(a)~~2009. ofAs statutory time periods for objections run, the ~~SEC's~~Company ~~Regulation~~will ~~S-K~~reduce the respective liabilities and recognize other income.

~~Liquidity~~Note ~~and~~5. ~~Sources~~AMOUNTS DUE ofTO ~~Capital~~RELATED PARTIES

~~2-Track~~Amounts ~~has~~due incurred operating losses since its inception, and, as of September 30, 2009, 2-Track had an accumulated deficit of $5,224,999. At September 30, 2009, 2-Track had cash and cash equivalents of $4,759 and a working capital deficit of $2,835,571. With this deficit, 2-Track will require additional debt or equity capital to ~~cover~~related ~~its~~parties ~~business~~consist ~~plan and growth, and the repayment~~ of ~~debt obligations. During the third quarter of 2009, we raised $2,798 in outside capital investments and 2-Track borrowed an additional $209,489 from primarily outside investors.~~ :

We hope to secure a minimum of $2.6 million in additional working capital during the next 12 month period to fund our business development and growth. It is our intention to pursue other equity and debt-based funding strategies through the issuance of additional stock and/or long-term borrowing commensurate with a responsible level of debt.

	March 31, 2012		December 31, 2011
Unpaid compensation:
Chief executive officer	$	78,384	$	78,384
Consultant and former director		440,000		440,000
Former director		12,000		12,000

Advances payable (non-interest bearing, due on demand):
Chief executive officer		295,811		295,811
Consultant and former director		1,206		1,206
Former director		5,089		5,089
Brother of chief executive officer		561,747		561,747
Total	$	1,394,237	$	1,394,237

Due to our limited cash flow and operating losses, it is unlikely that we could obtain financing through commercial or banking sources. Consequently, we are dependent on continuous cash infusions from major investors, debt financing and the exercise of outstanding options in order to fund our current operations. If these sources of capital were unwilling or unable to provide additional working capital to us, we would probably not be able to sustain our full range of operations and could jeopardize our ability to continue operations. There is no written agreement or contractual obligation which would require our past funding sources to fund our future operations up to certain amounts or indeed continue to finance our operations at all. Although we believe that current and/or future investors will continue to fund our expenses, There is no assurance that such investors will continue to fund our ongoing operations or the term upon which such investments will be made. 12

~~Page~~ 2-TRACK 15GLOBAL, INC. AND SUBSIDIARIESNotes to Consolidated Financial StatementsMarch 31, 2012

AsNote of6. ~~September~~LOANS ~~30, 2009, our principal commitments include a month by month lease commitment of $2,000 per month for our liaison office in Korea.~~PAYABLE

~~Critical~~Loans ~~Accounting~~payable ~~Policies~~consist of:

Revenue Recognition

	March 31, 2012		December 31, 2011
Due Octagon Investments, S.A., interest at 5%, due on demand, convertible into shares of common stock at a price of $0.39 per share	$	100,000	$	100,000
Due investor, interest at 10.7%, due on demand		28,000		28,000
Due to Company’s former technical director, interest at 0%, due on demand		46,000		46,000
Advance payable to service provider, interest at 0%, due on demand		1,083		1,083
Due to an unrelated party, interest at 2%, due on demand		230,722		230,722
Total	$	405,805	$	405,805

~~The~~Note ~~Company enters into agreements to sell products (hardware or software), services, and other arrangements that include combinations of products and services~~7. ~~Revenue~~INCOME ~~from~~TAXES product sales, net of trade discounts and allowances, is recognized provided that persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed or determinable, and collectability is reasonably assured. Delivery is considered to have occurred when title and risk of loss have transferred to the customer. Revenue is reduced for estimated product returns and distributor price protection, when appropriate. For sales that include customer-specified acceptance criteria, revenue is recognized after the acceptance criteria have been met. Revenue from services is deferred and recognized over the contractual period or as services are rendered and accepted by the customer. When arrangements include multiple elements, we use objective evidence of fair value to allocate revenue to the elements and recognize revenue when the criteria for revenue recognition have been met for each element. The amount of product revenue recognized is affected by our judgments as to whether an arrangement includes multiple elements and if so, whether vendor-specific objective evidence of fair value exists for those elements. Changes to the elements in an arrangement and the ability to establish vendor-specific objective evidence for those elements could affect the timing of the revenue recognition. Most of these conditions are subjective and actual results could vary from the estimated outcome, requiring future adjustments to revenue.

~~2-Track's~~No ~~discussion~~provision ~~and~~for ~~analysis~~income oftaxes ~~its~~was ~~financial~~recorded ~~condition and results of operations are based upon its consolidated financial statements, which have been prepared~~ in ~~accordance with accounting principles generally accepted in~~ the three ~~United~~months ~~States~~ended ofMarch ~~America. The preparation of financial statements requires managers to make estimates and judgments that affect the reported amounts of assets and liabilities~~31, ~~revenues~~2012 and ~~expenses~~2011 ~~and~~since ~~disclosures on the date of the financial statements. On an on-going basis~~TOTG, ~~2-Track's~~TTNY ~~accountants' evaluate the estimates, including, but not limited to, those related to revenue recognition. 2-Track uses authoritative pronouncements, historical experience~~ and ~~other~~Limited ~~assumptions~~had astaxable ~~the~~losses ~~basis~~in ~~for~~these ~~making judgments~~periods. ~~Actual results could differ from those estimates.~~

~~2-Track~~Based on management's assessment, the Company has ~~adopted~~not yet determined it to be more likely than not that a deferred tax asset attributable to the ~~fair~~future ~~value~~utilization ~~based~~of ~~method~~the United States net operating loss carry forwards as of ~~accounting~~March ~~prescribed~~31, 2012 will be realized. Accordingly, the Company has maintained a 100% allowance against the deferred tax asset in ~~Accounting~~the ~~Standard~~financial ~~Codification~~statements ~~("ASC")~~at ~~718~~March 31, ~~"Compensation~~2012. -The ~~Stock~~Company will ~~Compensation"~~continue ~~for~~to ~~its~~review ~~employee~~this ~~stock~~valuation ~~option~~allowance ~~plans~~and make adjustments as appropriate. The net operating loss carry forwards expire in varying amounts from year 2022 to 2033.

Current United States income tax laws limit the ~~Page~~amount -of 16loss available to be offset against future taxable income when a substantial change in ownership occurs. Therefore, the amount available to offset future taxable income may be limited.

~~ITEM~~Note 4T8. ~~CONTROLS~~PENSION AND ~~PROCEDURES~~EMPLOYMENT LIABILITIES

The Company does not have liabilities as at March ~~Disclosure~~31, ~~Controls~~2012 ~~and~~for ~~Procedures~~pension, post-employment benefits or post-retirement benefits. The Company does not have a pension plan.

We have adopted and maintain disclosure controls and procedures (as such term is defined in Rules 13a-15 (e) and 15d-15 (e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act")) that are designed to ensure that information required to be disclosed in our reports under the Exchange Act, is recorded, processed, summarized and reported within the time periods required under SEC's rules and forms and that the information is gathered and communicated to our management, including our Chief Executive Officer (CEO) and Chief Financial Officer (CFO), as appropriate, to allow for timely decisions regarding required disclosure. 13

~~As required by SEC Rule 15d~~2-15TRACK ~~(b) we carried out an evaluation~~GLOBAL, under the supervision and with the participation of management, including our CEO and CFO, of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Exchange Act 15d-14 as of the end of the fiscal quarter covered by this reportINC. ~~Based~~AND ~~upon~~SUBSIDIARIESNotes ~~that evaluation, our CEO and CFO concluded that our disclosure controls and procedures were effective in timely alerting them~~ to ~~material~~Consolidated ~~information~~Financial ~~relating~~StatementsMarch to 2-Track that is required to be included in our periodic SEC reports and to ensure that information required to be disclosed in our periodic SEC reports is accumulated and communicated to our management31, ~~including our CEO and CFO, to allow timely decisions regarding disclosure as a result of any deficiency detected in our internal control over financial reporting.~~ 2012

~~Changes~~Note in9. ~~Internal~~COMMON ~~Control~~STOCK ~~Over Financial Reporting~~

~~There~~Common ~~have~~Stock been no significant changes in 2-Track's internal controls over financial reporting or in other factors which occurred during the quarter covered by this report, which could materially affect or are reasonably likely to materially affect 2-Track's internal controls over financial reporting.

~~PART~~On IIOctober 11, 2010, the Company issued 71,429 (5,000,000 pre-split) ~~OTHER~~shares ~~INFORMATION~~of its common stock to Curing Capital Inc. for investor relations services rendered. Accordingly, $10,000 of service compensation has been recorded in the Selling, General and Administrative expenses in the year ended December 31, 2010. The value of the $10,000 is based on 71,429 post-split shares of common stock at the October 11, 2010 adjusted closing trading price of $0.14 per share.

~~ITEM~~Effective ~~1A.~~October ~~RISK~~14, ~~FACTORS~~2011 (see Note 1), the Company effected a 1-for-70 reverse stock split.

~~Despite~~Preferred having revenues for several years, we have continued to incur operating losses. As a result of the losses and negative cash flows from operations, our ability to continue operations will depend on our ability to generate increased revenues and the availability of equity/debt financing for working capital. If we are unable to generate sufficient revenues in the near future or obtain outside capital to cover operating expenses, we may be unable to establish or maintain desired levels of business operations. Stock

On October 13, 2011, the Company amended its Articles ~~Page~~of -Incorporation 17to authorize 5,000,000 shares of Preferred Stock, par value $0.001 per share. The Preferred Stock is issuable in one or more series with designations of each such series of Preferred Stock as to their rights, voting powers, preferences, privileges, limitations, dividend rights, dividend rates, conversion rights, terms of redemption, redemption prices, and liquidation preferences

~~The~~Stock audit report of our independent accounting firm includes a "going concern" explanation. In the independent accounting firm's opinion, our limited operating history and accumulated net deficit as of December 31, 2008, raise substantial doubt about our ability to continue as a going concern. Options

In January 2006, the Company adopted a stock incentive plan in order to provide an incentive to eligible employees and officers of the Company. The ~~success~~Employee Stock Incentive Plan is a qualified plan authorizing the issuance of ~~our~~up ~~technology~~to ~~based~~42,857 ~~business~~(3,000,000pre-split) ~~will~~shares ~~depend~~pursuant onto ~~several~~the ~~factors~~Plan. ~~including:~~Awards are in the form of incentive stock options or restricted stock awards and are to be administered by a compensation committee or, in the absence of such committee, by the Board of Directors. The Plan has a term of ten years.

The Non-Employee Directors and Consultants Retainer Stock ~~Our~~Incentive ~~ability~~Plan is a non-qualified plan authorizing the issuance of up to ~~maintain~~42,857 ~~competitive~~(3,000,000 ~~prices~~pre ~~which~~split) ~~provide~~shares ~~desired~~pursuant ~~profit~~to the ~~margins~~Plan. Awards are in the form of stock options or restricted stock awards and ~~expanding~~are ~~our~~to ~~product~~be ~~line;~~administered by a compensation committee or, in the absence of such committee, by the Board of Directors. The Plan has a term of ten years.

Our success in finalizing the PRISMS technology development, in particular the radio frequency module (RFM) component required for scanning and reporting container data in difficult environments such as terminal yards and ship's holds14

2-TRACK ~~Our~~GLOBAL, ~~success~~INC. inAND ~~further~~SUBSIDIARIESNotes ~~developing~~to ~~our~~Consolidated ~~Condor~~Financial ~~product~~StatementsMarch ~~lines~~31, ~~for US and other markets as well as commercial industry.~~2012

Stock ~~Our~~option ~~ability~~transactions tounder ~~increase~~the ~~consumer~~2006 ~~awareness~~Plans offor the ~~our~~three ~~products~~months ended March 31, 2012 and ~~services;~~for the year ended December 31, 2011 are summarized as follows:

Our ability to provide comprehensive solutions which satisfy current and future anti-terrorism government regulation applicable to national and international commerce.

	Three Months Ended March 31, 2012		Year Ended December 31, 2011
Options outstanding, beginning of year		729		4,286
Granted		-		-
Exercised		-		-
Forfeited/expired		-		(3,557	)
Options outstanding, end of the period		729		729
Options exercisable, end of the period		729		729

The ~~development~~exercise ~~and~~price ~~marketing~~ of ~~technology~~the ~~products~~remaining ~~requires~~729 ~~significant amounts of capital. To date~~(51, ~~both 2~~000 pre-~~Track~~split) ~~and~~outstanding ~~its~~options ~~subsidiaries~~at ~~have~~March ~~relied on the sale of equity securities~~31, ~~loans~~2012, ~~and~~which ~~limited~~expire ~~sales~~March ~~revenue to meet their operational and capital requirements. Because we have limited revenues~~24, ~~it will be necessary to fund our ongoing operations by selling additional equity or debt securities~~2014, ~~secure~~is ~~lines~~$14.70 ofper ~~credit~~share or($0.21 ~~obtain other third~~pre-~~party~~split ~~financing.~~per share). The ~~timing~~aggregate ~~and~~intrinsic ~~amount~~value of ~~such~~the ~~capital~~outstanding ~~requirements~~options ~~cannot be determined~~ at ~~this~~March ~~time and will depend on a number of factors~~31, ~~including~~2012 ~~demand for our products~~ and ~~technologies. There~~December ~~can be no assurance that additional financing will be available on satisfactory terms when needed~~31, if2011 atis ~~all.~~$0 ~~Failure~~and ~~to raise additional capital~~$0, ~~secure other sources of financing or enter into other collaborative business transactions would have a material adverse effect on our ability to achieve our intended business objectives~~respectively. ~~Any future equity financing will result in dilution to current stockholders. Future debt financing will result in interest expense and the risk that we cannot repay such debt when due.~~

For the three months ended March 31, 2012 and 2011, stock options expense charged to operations was $497 and $2,240, respectively. At March 31, 2012, ~~Page~~the -unrecognized 18compensation expense was $0.

WeNote ~~are competing in the global tracking and monitoring market, a market characterized by intense competition from both established companies and start-up companies~~10. ~~Since~~SUBSEQUENT the market demands both competitive prices and capabilities, our success depends in part on our ability to enhance existing products and introduce new technologies. This requires us to accurately predict future technology and pricing trends. Unexpected changes in technological standards, the rate of technology adoption, customer demand and pricing of competitive products could adversely affect our operating results if we are unable to respond effectively to such changes. EVENTS

On March 29, 2012 ~~Our~~the ~~current~~SEC ~~manufacturing~~initiated ~~structure~~an isAdministrative ~~particularly~~Proceeding ~~subject~~against tosix ~~various~~companies ~~risks~~including ~~associated~~2-Track, ~~with~~seeking ~~its~~to ~~use~~deregister ofeach company’s ~~offshore~~class ~~contract~~of ~~manufacturers,~~stock ~~including~~registered ~~changes~~under inSection ~~costs~~12 of ~~labor~~the ~~and~~Securities ~~materials,~~Exchange ~~reliability~~Act of ~~sources~~1934 of(the ~~supply~~“1934 Act”) ~~and~~due ~~general~~to ~~economic~~the ~~conditions~~number inof ~~foreign~~delinquent ~~countries.~~reports ~~Unexpected~~not ~~changes~~filed inby ~~foreign~~each ~~manufacturing~~company. orAfter ~~sources~~two ofPrehearing ~~supply,~~Conferences ~~and~~with ~~changes in~~ the ~~availability~~SEC, the ~~capability~~second orbeing ~~pricing~~held ofon ~~foreign~~July ~~suppliers~~16, ~~could~~2012 ~~adversely~~at ~~affect~~which ~~our~~time ~~business~~2-Track ~~and~~was ~~results~~unable ofto ~~operations.~~bring ~~The~~all ~~impact~~ of ~~these~~its ~~risks~~1934 onAct ~~our~~reports ~~operations~~current, isthe ~~difficult~~SEC issued toan ~~measure,~~Initial ~~but~~Decision ~~the~~dated ~~inability~~July to24, ~~alter~~2012 ~~our~~revoking ~~strategic~~2-Track’s ~~marketing,~~common orstock ~~react~~registration ~~properly~~under toSection ~~changing~~12 ~~economic~~of ~~conditions~~the 1934 ~~could~~Act. ~~have~~The anInitial ~~adverse~~Decision ~~effect~~became final on ~~our~~August ~~financial~~15, ~~position~~2012.

On August 12, ~~Our~~2012, ~~target~~World ~~markets~~Capital ~~include~~Market ~~end-users,~~(“Buyer”) ~~resellers~~and Woosun (Mike) Jung, ~~systems~~TOTG’s ~~integrators~~chief executive officer, (“Jung”) ~~major~~and ~~accounts~~10 other TOTG stockholders (“Other Sellers”, and ~~original~~with ~~equipment~~Jung ~~manufacturers~~collectively, the “Sellers”) entered into a Stock Purchase Agreement (the “Agreement”). ~~Due~~The toAgreement provides for the Sellers’ ~~relative~~sale ~~size~~of a total of ~~some~~519,281 ~~customers~~shares of TOTG common stock, ~~sales~~representing inapproximately ~~any~~59% ~~one~~of ~~market~~the ~~segment~~874,500 ~~could~~issued and ~~fluctuate~~outstanding ~~dramatically~~shares onof TOTG common stock, to the Buyer for a ~~quarter-~~total of $130,000 cash. The $130,000 is to~~-quarter~~ ~~basis~~be disbursed as follows: $35,000 to the Sellers, $10,000 to Octagon Investment S.A. ~~Fluctuations~~for inthe ~~major~~Assignment ~~accounts~~of ~~and~~Indebtedness of $100,000 debt owed by the ~~OEM~~Company ~~segment~~to ~~could~~Octagon ~~materially~~(see ~~adversely~~Note ~~affect~~7) ~~our~~to ~~financial~~Buyer, ~~condition~~$30,000 ~~and~~to ~~results~~the Company’s law firm (of ~~operations.~~which ~~Additionally~~$5,000 ~~our~~has ~~revenues~~already been paid), $20,000 to the Company’s independent registered public accounting firm (of which $5,000 has already been paid), and ~~results~~$35,000 to pay other transaction expenses designated by Buyer. Closing of ~~operations~~the ~~could~~Agreement beis ~~adversely~~subject ~~affected~~to ifsatisfaction weon ~~were~~or before August 15, 2012 (as extended to ~~lose~~August 29, 2012) of certain ~~key~~conditions ~~distribution~~precedent orto ~~development~~closing, ~~partners.~~including TOTG’s filing of certain periodic reports with the Securities and Exchange Commission.

In summary, our net sales and operating results in any particular quarter may fluctuate as a result of a number of factors, including competition in the markets for our products; delays in new product introductions by us; market acceptance of new products and technologies by us or our competitors; changes in product pricing, material costs or customer discounts; the size and timing of customer orders; fluctuations in channel inventory levels; variations in the mix of product sales; manufacturing delays or disruptions in sources of supply; and the pace of change from the current unfavorable economic conditions. Our future operating results will depend, to a large extent, on our ability to anticipate and successfully react to these and other factors. Failure to anticipate and successfully react to these and other factors could adversely affect our business and financial condition. 15

InITEM ~~addition to the above, we are also susceptible to other factors that generally affect the market for stocks of technology companies~~2. ~~Factors~~MANAGEMENT’S ~~including~~DISCUSSION ~~general~~AND ~~fluctuations~~ANALYSIS inOR ~~securities~~PLAN ~~markets,~~OF ~~reaction to economic news and amount of market risk acceptable to investors, could affect the price of our stock and could cause such stock price to fluctuate significantly over short periods of time.~~ OPERATIONS

~~Page~~Caution About Forward-Looking 19Statements

~~ITEM~~This Form 10-Q includes “forward-looking” statements about future financial results, future business changes and other events that have not yet occurred. For example, statements like 2-Track “expects,” “anticipates” or “believes” are forward-looking statements. Investors ~~UNREGISTERED~~should ~~SALES~~be OFaware ~~EQUITY~~that ~~SECURITIES~~actual results may differ materially from 2-Track's expressed expectations because of risks and uncertainties about the future. 2-Track does not undertake to update the information in this Form 10-Q if any forward-looking statement later turns out to be inaccurate. Details about risks affecting various aspects of 2-Track’s business are discussed throughout this Form 10-Q and should be considered carefully.

~~During~~Plan ~~the quarter ended September 30, 2008, 2-Track issued 39,947 shares~~ of ~~restricted~~Operation ~~common stock valued at $0.07 per share~~ for gross proceeds of $2,798. The issuance of stock was made without any public solicitation to one person and was acquired for investment purposes only. The individual had access to complete information about 2-Track and was deemed capable of evaluating the ~~merits~~Next and risks of acquiring shares in 2-Track. The securities were issued pursuant to the private placement exemption provided by Section 4(2) of the Securities Act of 1933. These shares are deemed to be "restricted securities" as defined in rule 144 under the 1933 Act and bear a legend stating the restrictions on resale.Twelve Months

~~ITEM~~2-Track 6conducts its business primarily through its wholly-owned subsidiary 2-Track U.S.A., ~~EXHIBITS~~Inc. ("TTNY"). TTNY is now the primary operating entity of 2-Track. 2-Track also maintains a sales and research facility in New Jersey. 2-Track has been engaged in developing and marketing asset tracking and security technologies.

~~(a) The~~Business ~~following~~Operations ~~documents are filed as exhibits to this report:~~ Overview

Exhibits
31.1	Certification by CEO pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2	Certification by CFO pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification by CEO and CFO pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

Technical Roll-Out

~~SIGNATURES~~During the quarter ended March 31, 2012 we focused on enhancing our ASP services. In addition we added new alerting features, reports and stabilized the platform for larger scaling capability.

InWe ~~accordance~~are ~~with~~also ~~the~~analyzing ~~requirements~~new ofsoftware ~~the~~as ~~Securities~~an upgrade ~~Exchange~~path ~~Act of 1934, the Registrant has caused this report~~ to be ~~signed~~able onto ~~its~~support ~~behalf~~new bydevice ~~the undersigned, thereunto duly authorized~~types.

~~2-Track~~Business ~~Global, Inc.~~ Development

The primary business development ~~Dated: November~~targets 20for 2012 will be the continued expansion of distributor networks and OEM partners for the Condor FMS vehicle fleet management solution. Condor, ~~2009~~which currently sells in the UK, Africa, and the Middle East, in a GPRS format, has been expanded through the addition of LEO+GPRS as well as higher spec hardware for the US market.

Territorially 2-Track is placing a strong ~~/s/~~emphasis ~~Woosun~~on ~~Jung~~ developing emerging markets in Africa, the Middle East, and India markets which are characterized by a strong security need and poor wireless network infrastructure or political risk. We are also marketing higher spec products in the US.

~~Woosun Jung~~ 16

2-Track has now started ~~Chief~~to ~~Executive~~deal ~~Officer~~with two large corporate security firms as well as expanding to the retail market. 2-Track anticipates good support within the distribution and dealership communities. In October 2009, 2 Track appointed Niscayah as its US based distributor for corporate sector in the USA. During 2011, 2-Track appointed additional distributors in USA, Asia, Middle East, and Africa including the US distributor 2-Track Solutions LLC which is independently owned and operated.

~~Dated: November~~Results ~~20,~~of ~~2009~~Operation

~~/s/~~Three-Month ~~Woosun~~Period ~~Jung~~ Ended March 31, 2012 versus 2011

During the quarter ended March 31, 2012 and 2011, we had ~~Woosun~~no ~~Jung~~revenues. Cost of sales were zero for the quarters ended March 31, 2012 and 2011. The absence of cost of sales was commensurate with the lack of sales. The Company had a loss from operations of $752 the first quarter of 2012 compared to a $2,240 loss for the same quarter of 2011 reflecting a typically slow first quarter in sales revenue for 2012.

Operating expenses decreased from $2,240 for the quarter ended ~~Chief~~March ~~Financial~~31, ~~Officer~~2011 to $752 for the same quarter of 2012 due to reduced marketing expenses incurred by the Company’s CEO. The Company incurred no research and development expenses during the first quarter of fiscal year 2012 or 2011 due to the closure of its R&D facility in Seoul, South Korea in December 2010. No professional or consulting fees were paid for the quarters ended March 31, 2012 and 2011.

We incurred a net loss of $3,905 for the quarter ended March ~~Page~~31, -2012 20compared to a net loss of $5,393 for the same quarter in 2011. The slightly lower loss is a result of a decrease in operating expenses during the first quarter of 2012.

~~CERTIFICATION~~Off-Balance ~~FOR~~Sheet ~~QUARTERLY REPORTS ON FORM 10-Q~~Arrangements

I,During ~~Woosun~~the ~~Jung,~~quarter ~~certify~~ended ~~that:~~March 31, 2012, 2-Track did not engage in any off-balance sheet arrangements as defined in Item 303 (a) of the SEC’s Regulation S-K.

~~1. I~~Liquidity ~~have~~and ~~reviewed~~Sources ~~this quarterly report on Form 10-Q~~ of ~~2-Track Global, Inc.("Registrant");~~ Capital

2~~. Based~~-Track onhas myincurred ~~knowledge~~operating losses since its inception, ~~this~~and, ~~quarterly~~as ~~report~~of ~~does~~March ~~not~~31, ~~contain~~2012, ~~any~~2-Track ~~untrue~~had ~~statement~~an accumulated deficit of a$5,577,003. At ~~material~~March ~~fact~~31, or2012, ~~omit~~2-Track tohad cash ~~state~~and cash equivalents of $244 and a ~~material~~working ~~fact~~capital ~~necessary~~deficit toof ~~make~~$3,080,818. With ~~the~~this ~~statements~~operating ~~made~~deficit, in2-Track ~~light~~will require ofadditional ~~the~~debt ~~circumstances~~or ~~under~~equity ~~which~~capital ~~such~~to ~~statements~~cover ~~were~~its ~~made~~business plan and growth, ~~not~~and ~~misleading~~the ~~with~~repayment ~~respect~~of todebt obligations. During the ~~period~~first ~~covered~~quarter byof ~~this~~2012, ~~report;~~ we did not raise any outside capital investments.

~~3. Based~~We onhope myto ~~knowledge,~~secure ~~the~~a ~~financial~~minimum ~~statements~~of $500,000 in ~~and~~additional ~~other~~working ~~financial~~capital ~~information~~during ~~included~~fiscal inyear ~~this~~2012 ~~quarterly~~to ~~report,~~fund ~~fairly~~our ~~present~~business indevelopment ~~all~~and ~~material~~growth. It ~~respects~~is ~~the~~our ~~financial~~intention ~~condition,~~to pursue ~~results~~other ofequity ~~operations~~ and ~~cash~~debt-based ~~flows~~funding asstrategies through the issuance of, additional stock and/or ~~for,~~long-term ~~the~~borrowing ~~periods~~commensurate with ~~presented~~a inresponsible ~~this~~level ~~quarterly~~of ~~report;~~ debt.

4. The Registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))for the Registrant and have: 17

~~a) designed~~Due ~~such disclosure controls and procedures, or caused such disclosure controls and procedures~~ to ~~be designed under~~ our ~~supervision,~~limited tocash ~~ensure~~flow ~~that~~and ~~material information relating to the Registrant~~operating losses, ~~including~~it ~~its~~is ~~consolidated~~unlikely ~~subsidiaries,~~that iswe ~~made~~could ~~known~~obtain tofinancing usthrough bycommercial ~~others~~or ~~within~~banking ~~those~~sources. ~~entities~~Consequently, ~~particularly~~we ~~during~~are ~~the~~dependent ~~period in which this report is being prepared;~~on ~~b) designed~~continuous ~~such~~cash ~~internal~~infusions ~~control~~from ~~over~~major ~~financial reporting~~investors, ordebt ~~caused~~financing ~~such~~and ~~internal~~the ~~control~~exercise ~~over~~of ~~financial~~outstanding ~~reporting~~options toin beorder ~~designed~~to ~~under~~fund our ~~supervision,~~current operations. toIf ~~provide~~these ~~reasonable~~sources ~~assurance regarding the reliability~~ of ~~financial~~capital ~~reporting~~were ~~and~~unwilling ~~the~~or ~~preparation~~unable ofto ~~financial~~provide ~~statements~~additional ~~for~~working ~~external~~capital ~~purposes~~to inus, ~~accordance~~we ~~with~~would ~~the generally accepted accounting principles;~~probably ~~c) evaluated~~not ~~the~~be ~~effectiveness~~able ofto ~~the~~sustain ~~Registrant's~~our ~~disclosure~~full ~~controls~~range ~~and~~of ~~procedures~~operations and ~~presented~~could injeopardize ~~this report~~ our ~~conclusions~~ability ~~about~~to ~~the~~continue ~~effectiveness~~operations. There ofis ~~the~~no written ~~disclosure~~agreement ~~controls~~or ~~and~~contractual ~~procedures,~~obligation aswhich ofwould ~~the~~require ~~end~~our ofpast ~~the~~funding ~~period~~sources ~~covered~~to byfund ~~this~~our ~~report~~future ~~based~~operations onup ~~such~~to ~~evaluation; and~~certain ~~d) disclosed~~amounts inor ~~this~~indeed ~~report~~continue ~~any~~to ~~change~~finance inour ~~the~~operations ~~Registrant's~~at ~~internal~~all. Although ~~control~~we ~~over~~believe ~~financial reporting~~ that ~~occurred~~current ~~during~~and/or ~~the~~future ~~Registrant's~~investors ~~most~~will continue ~~recent~~to ~~fiscal~~fund ~~quarter~~our ~~(the~~expenses, ~~Registrant's~~there ~~fourth~~is ~~fiscal~~no ~~quarter~~assurance inthat ~~the~~such ~~case~~investors ofwill ancontinue ~~annual~~to ~~report)~~fund ~~that~~our ~~has~~ongoing ~~materially~~operations ~~affected,~~ or ~~is reasonably likely to materially affect,~~ the ~~Registrant's~~terms upon ~~internal~~which ~~control~~such ~~over~~investments ~~financial~~will ~~reporting;~~be ~~and~~ made.

~~5. The~~Critical ~~Registrant's~~Accounting other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant's auditors and the audit committee of Registrant's board of directors (or persons performing the equivalent function): Policies

~~a) all~~Revenue significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant's ability to record, process, summarize and report financial information; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's internal control over financial reporting. Recognition

The Company enters into agreements to sell ~~Date: November~~products 20(hardware or software), ~~2009~~services, and other arrangements that include combinations of products and services. Revenue from product sales, net of trade discounts and allowances, is recognized provided that persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed or determinable, and collectability is reasonably assured. Delivery is considered to have occurred when title and risk of loss have transferred to the customer. Revenue is reduced for estimated product returns and distributor price protection, when appropriate. For sales that include customer-specified acceptance criteria, revenue is recognized after the acceptance criteria have been met. Revenue from services is deferred and recognized over the contractual period or as services are rendered and accepted by the customer. When arrangements include multiple elements, we use objective evidence of fair value to allocate revenue to the elements and recognize revenue when the criteria for revenue recognition have been met for each element. The amount of product revenue recognized is affected by our judgments as to whether an arrangement includes multiple elements and if so, whether vendor-specific objective evidence of fair value exists for those elements. Changes to the elements in an arrangement and the ability to establish vendor-specific objective evidence for those elements could affect the timing of the revenue recognition. Most of these conditions are subjective and actual results could vary from the estimated outcome, requiring future adjustments to revenue.

2-Track’s discussion and analysis /of its financial condition and results of operations are based upon its consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of financial statements requires managers to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses and disclosures on the date of the financial statements. On an on-going basis, 2-Track's/ ~~Woosun~~accountants' ~~Jung~~ evaluate the estimates, including, but not limited to, those related to revenue recognition. 2-Track uses authoritative pronouncements, historical experience and other assumptions as the basis for making judgments. Actual results could differ from those estimates.

2-Track has adopted the fair value based ~~Name:~~method ~~Woosun~~of ~~Jung~~accounting prescribed in Accounting Standards Codification (“CAS”) 718, “Compensation – Stock Compensation” for its employee stock option plans.

~~Title: Chief Executive Officer~~ 18

~~Exhibit~~ITEM 314.1 CONTROLS AND PROCEDURES

~~CERTIFICATION~~Disclosure ~~FOR~~Controls ~~QUARTERLY~~and ~~REPORTS ON FORM 10-Q~~Procedures

We have adopted and maintain disclosure Icontrols and procedures (as such term is defined in Rules 13a-15 (e) and 15d-15(e) under the Securities Exchange Act of 1934, ~~Woosun~~as amended ~~Jung~~(the “Exchange Act”) that are designed to ensure that information required to be disclosed in our reports under the Exchange Act, ~~certify~~is recorded, processed, summarized and reported within the time periods required under the SEC’s rules and forms and that: the information is gathered and communicated to our management, including our Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer (Principal Financial Officer), as appropriate, to allow for timely decisions regarding required disclosure.

As required by SEC Rule 15d-15(b) we carried 1. out an evaluation, under the supervision and with the participation of management, including our principal executive officer and Iprincipal ~~have~~financial ~~reviewed~~officer, ~~this~~of ~~quarterly~~the ~~report~~effectiveness onof ~~Form~~the ~~10-Q~~design and operation of 2our disclosure controls and procedures pursuant to Exchange Act 15d-~~Track~~14 ~~Global,~~as ~~Inc~~of the end of the quarter covered by this report.; Based upon that evaluation, our principal executive officer and principal financial officer concluded that our disclosure controls and procedures are not effective in timely alerting them to material information relating to us that is required to be included in our periodic SEC reports and to ensure that information required to be disclosed in our periodic SEC reports is accumulated and communicated to our management, including our CEO and CFO, to allow timely decisions regarding required disclosure as a result of any deficiency detected in our internal control over financial reporting.

~~2. Based~~Management’s Quarterly Report on myInternal ~~knowledge,~~Control ~~this~~Over ~~quarterly~~Financial report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; Reporting.

~~3. Based~~Our onmanagement myis ~~knowledge,~~responsible ~~the~~for ~~financial~~establishing and ~~statements,~~maintaining ~~and~~adequate ~~other~~internal control over financial ~~information~~reporting ~~included~~for 2-Track Global in ~~this~~accordance ~~quarterly~~with ~~report,~~and ~~fairly~~as ~~present~~defined in ~~all~~Rules 13a-15(f) ~~material~~and ~~respects~~15d-15(f) under the Exchange Act. Our internal control over financial ~~condition,~~reporting ~~results~~is ofintended ~~operations~~to ~~and~~provide ~~cash~~reasonable assurance ~~flows~~regarding asthe reliability of, ~~and~~financial ~~for,~~reporting and the ~~periods~~preparation ~~presented~~of infinancial ~~this~~statements ~~quarterly~~for ~~report;~~external purposes in accordance with generally accepted accounting principles.

Our management periodically assesses the ~~4. The~~effectiveness ~~Registrant~~of 2-Track's ~~other~~internal ~~certifying~~control ~~officer~~over ~~and~~financial Ireporting. ~~are~~Based ~~responsible~~on ~~for~~this ~~establishing~~assessment, ~~and~~including ~~maintaining~~testing, ~~disclosure~~our management determined that as of the quarter ended March 31, 2012 our internal controls ~~and~~over ~~procedures~~financial ~~(as~~reporting ~~defined~~were not effective in ~~Exchange~~timely alerting ~~Act~~management ~~Rules~~to ~~13a~~material information relating to 2-~~15(e)~~Track that is required to be included in its periodic SEC reports and to ~~15d-15(e))~~ensure that information required to be disclosed in its periodic SEC reports is accumulated and communicated to its management, including 2-Track’s CEO/CFO, to allow timely decisions regarding required disclosure as a result of any deficiency detected in 2-Track’s internal control over financial reporting. ~~(as~~Management ~~defined~~identified inthe ~~Exchange~~following ~~Act~~continuing ~~Rules~~material ~~13a~~weaknesses in 2-~~15(f)~~Track’s ~~and~~financial ~~15d-15(f))~~reporting for ~~the~~its ~~Registrant~~2012 ~~and have~~operations:

~~a) designed~~1. ~~such~~Deficiencies disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in ~~which~~segregation this report is being prepared; b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of ~~financial~~duties. ~~reporting~~The ~~and~~Company ~~the~~lacked ~~preparation~~adequate ofsegregation ~~financial statements for external purposes in accordance with the generally accepted accounting principles; c) evaluated the effectiveness~~ of ~~the~~duties ~~Registrant's disclosure controls and procedures and presented~~ in ~~this report~~ our ~~conclusions~~financial ~~about~~reporting ~~the effectiveness of the disclosure controls and procedures~~process, as ofwe ~~the~~have ~~end~~only ofone ~~the~~officer ~~period~~currently ~~covered~~serving ~~by this report based on such evaluation; and d) disclosed~~ in ~~this~~all ~~report~~officer ~~any~~positions ~~change~~who inis ~~the~~not ~~Registrant's~~a ~~internal~~certified ~~control~~public ~~over financial reporting that occurred during the Registrant's most recent fiscal quarter (the Registrant's fourth fiscal quarter in the case of an annual report) that has materially affected~~accountant, oryet is ~~reasonably~~responsible ~~likely~~for toperforming ~~materially~~substantially ~~affect,~~all ~~the Registrant's~~ internal ~~control~~accounting ~~over~~and financial reporting; ~~and~~ functions as CFO.

5. The Registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant's auditors and the audit committee of Registrant's board of directors (or persons performing the equivalent function): 19

~~a) all~~2. ~~significant~~2-Track ~~deficiencies~~Global ~~and~~utilizes ~~material~~an ~~weaknesses~~outside, inpart-time ~~the~~bookkeeper ~~design~~to orprepare ~~operation~~its ~~of internal control over~~ financial ~~reporting~~statements which ~~are~~sometimes ~~reasonably~~results ~~likely~~in todelayed ~~adversely affect the Registrant's ability to record, process, summarize and report~~ financial ~~information;~~reports and ~~b) any~~ ~~fraud,~~often ~~whether~~significant orrevisions ~~not~~by ~~material,~~2-Track’s ~~that~~accounting ~~involves~~firm ~~management~~to orbring ~~other~~such ~~employees~~financial ~~who~~reports ~~have~~up ato ~~significant~~SEC ~~role in the Registrant's internal control over financial reporting~~standards.

~~Date: November~~3. ~~20,~~Deficiencies ~~2009~~in 2-Track’s written financial reporting procedures. We have insufficient written policies and procedures in place for accounting and financial reporting which resulted in inconsistent preparation and review of account reconciliations and analyses on a timely basis.

/4. 2-Track does not have an Audit Committee which would normally independently monitor and review 2-Track’s/ ~~Woosun~~financial ~~Jung~~ reporting process.

The above material weaknesses, along with ~~Name:~~a ~~Woosun~~lack ~~Jung~~adequate cash flow, has resulted in 2-Track’s inability to record, process, summarize and file business and financial information within the time periods specified in the SEC’s rules and forms.

~~Title:~~Changes ~~Chief~~in ~~Financial~~Internal ~~Officer~~Control Over Financial Reporting

To address and remediate these material ~~Exhibit~~weaknesses ~~31.2~~discussed above, we will strive to implement the following changes to our internal controls over financial reporting during the period covered by this report:

For the material weakness concerning deficiencies ~~CERTIFICATION PURSUANT~~in TOsegregation ~~SECTION~~of ~~906~~duties OFand ~~THE~~part ~~SARBANES-OXLEY~~time ~~ACT~~bookkeeper, OFwe ~~2002 (SUBSECTIONS~~intend ~~(a)~~to ~~AND~~raise sufficient funds during the current (b2012) OFfiscal ~~SECTION~~year ~~1350~~to hire an additional experienced accounting person to better monitor, ~~CHAPTER~~maintain 63and OFassist in our internal accounting and financial ~~TITLE~~reporting ~~18,~~functions ~~UNITED~~and ~~STATES~~increase ~~CODE)~~the frequency of reconciliation of significant accounts and generation of financial reports. If financially possible, such person would serve as 2-Track’s CFO.

~~Pursuant~~For ~~to section 906 of~~ the ~~Sarbanes-Oxley~~material ~~Act~~weakness ofconcerning ~~2002~~deficiencies in ~~(subsections (a) and (b) of section 1350, chapter 63 of Title 18, United States Code),~~ the ~~undersigned~~financial ~~officer~~reporting ~~of 2-Track Global~~process, ~~Inc.,~~we awill ~~Nevada~~strive ~~corporation (the "Company"), does hereby certify with respect~~ to ~~the~~but ~~Quarterly~~have ~~Report~~not ofyet ~~the~~developed ~~Company~~and onimplemented ~~Form~~sufficient ~~10-Q~~written ~~for~~policies ~~the~~and procedures ~~quarter~~to ~~ended~~better ~~June~~insure ~~30,~~timely ~~2009~~decisions ascan ~~filed~~be ~~with~~made ~~the~~regarding ~~Securities~~required ~~and Exchange Commission (the "10-Q Report") that:~~ disclosures.

~~(1)~~ For the ~~10-Q~~material ~~Report~~weakness ~~fully~~concerning ~~complies~~our Audit ~~with~~Committee, ~~the~~we ~~requirements~~will ofattempt ~~Section~~to ~~13(a)~~recruit oradditional ~~15(d)~~independent members of our Board of Directors who could serve on the ~~Securities~~Audit Committee ~~Exchange~~to ~~Act~~carry ofout ~~1934;~~its financial review functions and ( interact with 2) -Track’s independent public accounting firm more ~~the~~effectively ~~information~~and ~~contained~~timely. inWe ~~the~~expect ~~10-Q~~these ~~Report~~remedial ~~fairly~~actions ~~presents,~~to inbe ~~all~~pursued ~~material~~and, ~~respects~~if financially feasible, implemented during the ~~financial~~current fiscal ~~condition~~year to allow our controls and ~~results~~procedures ofover ~~operations~~financial ofreporting to be effective by the ~~Company.~~end of our current (2012) fiscal year.

Notwithstanding our assessment that our ~~Dated: November~~internal 20controls over financial reporting were not effective and that there were material weaknesses as identified in this report, ~~2009~~ 2we believe that our financial statements contained in this Quarterly Report on Form 10-~~TRACK~~Q ~~GLOBAL~~for the fiscal quarter ended March 31, 2012 ~~INC~~accurately present our financial condition, results of operations and cash flows in all material respects.

~~/s/ Woosun Jung~~ 20

This quarterly report does not include ~~Chief~~an ~~Executive~~attestation ~~Officer~~report ~~and~~of 2-Track’s registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by 2-Track’s registered public accounting firm pursuant to temporary rules of the SEC that permit 2-Track to provide only management’s report in this annual report.

~~Chief~~Changes ~~Financial~~in ~~Officer~~Internal Control Over Financial Reporting

There ~~Exhibit~~have 32been no significant changes in 2-Track’s internal controls over financial reporting or in other factors which occurred during the quarter covered by this report, which could materially affect or are reasonably likely to materially affect 2-Track’s internal controls over financial reporting.

PART II - OTHER INFORMATION

ITEM 1.

LEGAL PROCEEDINGS

On March 29, 2012 the SEC initiated an Administrative Proceeding against six companies including 2-Track, seeking to deregister each company’s class of stock registered under Section 12 of the Securities Exchange Act of 1934 (the “1934 Act”) due to the number of delinquent reports not filed by each company. After three Prehearing Conferences with the SEC, the third being held on July 16, 2012 at which time 2-Track was unable to bring all of its 1934 Act reports current, the SEC issued an Initial Decision dated July 24, 2012 revoking 2-Track’s common stock registration under Section 12 of the 1934 Act. The Initial Decision is expected to become final on August 15, 2012.

ITEM 1A.

RISK FACTORS

Except for a modest net income in 2011, we have previously incurred operating losses in our business. As a result of the losses and negative cash flows from operations, our ability to continue operations will depend on our ability to generate increased revenues and the availability of equity/debt financing for working capital. If we are unable to generate sufficient revenues in the near future or obtain outside capital to cover operating expenses, we may be unable to establish or maintain desired levels of business operations.

The audit report of our independent accounting firm includes a “going concern” explanation. In the independent accounting firm’s opinion, our limited operating history and accumulated net deficit as of December 31, 2011, raise substantial doubt about our ability to continue as a going concern.

The success of our technology based business will depend on several factors including:

Our ability to maintain competitive prices which provide desired profit margins and expanding our product line;

Our success in further developing our Condor product lines for US and other markets as well as commercial industry;

Our ability to increase consumer awareness of our products and services;

Our ability to provide comprehensive solutions which satisfy current and future anti-terrorism government regulation applicable to national and international commerce.

The development and marketing of technology products requires significant amounts of capital. To date, both 2-Track and its subsidiary have relied on the sale of equity securities, loans, and limited sales revenue to meet their operational and capital requirements. Because we have limited revenues, it will be necessary to fund our ongoing operations by selling additional equity or debt securities, secure lines of credit or obtain other third-party financing. The timing and amount of such capital requirements cannot be determined at this time and will depend on a number of factors, including demand for our products and technologies. There can be no assurance that additional financing will be available on satisfactory terms when needed, if at all. Failure to raise additional capital, secure other sources of financing or enter into other collaborative business transactions would have a material adverse effect on our ability to achieve our intended business objectives. Any future equity financing will result in dilution to current stockholders. Future debt financing will result in interest expense and the risk that we cannot repay such debt when due.

We are competing in the global tracking and monitoring market, a market characterized by intense competition from both established companies and start-up companies. Since the market demands both competitive prices and capabilities, our success depends in part on our ability to enhance existing products and introduce new technologies. This requires us to accurately predict future technology and pricing trends. Unexpected changes in technological standards, the rate of technology adoption, customer demand and pricing of competitive products could adversely affect our operating results if we are unable to respond effectively to such changes.

Our current manufacturing structure is particularly subject to various risks associated with its use of offshore contract manufacturers, including changes in costs of labor and materials, reliability of sources of supply and general economic conditions in foreign countries. Unexpected changes in foreign manufacturing or sources of supply, and changes in the availability, capability or pricing of foreign suppliers could adversely affect our business and results of operations. The impact of these risks on our operations is difficult to measure, but the inability to alter our strategic marketing, or react properly to changing economic conditions could have an adverse effect on our financial position.

Our target markets include end-users, resellers, systems integrators, major accounts and original equipment manufacturers. Due to the relative size of some customers, sales in any one market segment could fluctuate dramatically on a quarter-to-quarter basis. Fluctuations in major accounts and the OEM segment could materially adversely affect our financial condition and results of operations. Additionally, our revenues and results of operations could be adversely affected if we were to lose certain key distribution or development partners.

In addition to the above, we are also susceptible to other factors that generally affect the market for stocks of technology companies. Factors including general fluctuations in securities markets, reaction to economic news and amount of market risk acceptable to investors could affect the price of our stock and could cause such stock price to fluctuate significantly over short periods of time.

ITEM 2.

UNREGISTERED SALES OF EQUITY SECURITIES

2-Track sold no unregistered shares of stock during the quarter ended March 31, 2012.

ITEM 5.

OTHER INFORMATION

Subsequent to the end of the first fiscal quarter of 2012, a non-binding Letter of Intent to Purchase Stock of 2-Track Global, Inc. was entered into on July 3, 2012 between World Capital Market (as Buyer) and eleven 2-Track stockholders (as Sellers) who together own approximately 519,281 common shares representing approximately 59% of 2-Track’s total shares outstanding. On August 12, 2012, World Capital Market (“Buyer”) and Woosun (Mike) Jung, TOTG’s chief executive officer, (“Jung”) and 10 other TOTG stockholders (“Other Sellers”, and with Jung collectively, the “Sellers”) entered into a Stock Purchase Agreement (the “Agreement”). The Agreement provides for the Sellers’ to sell a total of 519,281 shares of TOTG common stock, representing approximately 59% of the 874,500 issued and outstanding shares of TOTG common stock, to the Buyer for a total of $130,000 cash, of which a total of $45,000 is to be paid in satisfaction of accounts payable due TOTG’s law firm and independent registered public accounting firm. Closing of the Agreement is subject to satisfaction on or before August 15, 2012 (as extended to August 29, 2012) of certain conditions precedent to closing, including TOTG’s filing of certain periodic reports with the Securities and Exchange Commission.

ITEM 6.

EXHIBITS

(a) The following documents are filed as exhibits to this report:

	Exhibits

	31.1	Certification by CEO pursuant to Section 302 of the Sarbanes- Oxley Act of 2002
	31.2	Certification by CFO pursuant to Section 302 of the Sarbanes- Oxley Act of 2002
	32.1	Certification by CEO and CFO pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

SIGNATURES

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

Dated: August 29, 2012	2-TRACK GLOBAL, INC.

	/s/ Woosun Jung
	Woosun Jung
	Chief Executive Officer
Dated: August 29, 2012
	/s/ Woosun Jung
	Woosun Jung
	Chief Financial Officer

Filing Compare · 2-Track Global, Inc.