SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

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                                  SCHEDULE 13G
                                 (RULE 13d-102)

             INFORMATION STATEMENTS PURSUANT TO RULE 13d-1 and 13d-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

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                         GLOBAL MED TECHNOLOGIES, INC.
                                (Name of Issuer)

                     COMMON STOCK, $.01 PAR VALUE PER SHARE
                         (Title of Class of Securities)

                                    37935E101
                                 (CUSIP Number)

                                DECEMBER 16, 2005
             (Date of event which requires filing of this Statement)

                 Check the appropriate box to designate the rule
                    pursuant to which this Schedule is filed:

                                |_| Rule 13d-1(b)

                                |x| Rule 13d-1(c)

                                |_| Rule 13d-1(d)

                         (Continued on following pages)

                               (Page 1 of 5 Pages)





1.    NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Crestview Capital Master, LLC

2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
                                                       (b)[ ]

3.    SEC USE ONLY

4.    CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware

   NUMBER OF                    5.  SOLE VOTING POWER
    SHARES                          2,032,000 (See Item 4)
  BENEFICIALLY                  6.  SHARED VOTING POWER
 OWNED BY EACH                      (See Item 4)
   REPORTING                    7.  SOLE DISPOSITIVE POWER
  PERSON WITH                       2,032,000 (See Item 4)
                                8.  SHARED DISPOSITIVE POWER
                                    (See Item 4)

9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,032,000

10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_|

11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.3% (See Item 4)

12.   TYPE OF REPORTING PERSON: OO

ITEM 1(a).   NAME OF ISSUER. Global Med Technologies, Inc. (the "Issuer")

ITEM 1(b).    ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES.
              12600 West Colfax, Suite C-420
              Lakewood, Colorado 80215

ITEM 2(a).    NAME OF PERSON FILING.
              Crestview Capital Master, LLC
ITEM 2(b).    ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE.
              95 Revere Drive, Suite A
              Northbrook, IL 60062

ITEM 2(c).    CITIZENSHIP.
              Delaware

ITEM 2(d).    TITLE OF CLASS OF SECURITIES.
              Common Stock, $0.01 par value ("Common Stock")

ITEM 2(e).    CUSIP NUMBER.
              37935E101





ITEM 3.       IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B) OR
              13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
              Not applicable.

ITEM 4.       OWNERSHIP.

      The information contained in Items 5 though 11 on the cover pages hereto
is incorporated herein by reference. The Reporting Person beneficially owns
2,032,000 shares of Common Stock or 7.3% of the issued and outstanding Common
Stock of the Issuer as of December 16, 2005 (based on 27,815,419 issued and
outstanding shares of Common Stock as reported in the Company's 10-QSB filed on
October 24, 2005). As of the date hereof, the Reporting Person still owns
2,032,000 shares of Common Stock, however, as of the date of this filing, this
represents 8.8% of the issued and outstanding Common Stock of the Issuer (based
on 23,211,982 issued and outstanding shares of Common Stock as reported in the
Company's 10-QSB filed on July 26, 2006).

      In addition, the Reporting Person owns common stock purchase warrants and
preferred stock that is convertible into Common Stock. However, these securities
contain a contractual provision blocking their exercise when the Reporting
Person owns more than 4.99% of the issued and outstanding Common Stock of the
Issuer.

      Crestview Capital Partners, LLC controls Crestview Capital Master, LLC.
The power to vote or dispose of the shares beneficially owned by Crestview
Capital Master, LLC is shared by Stewart Flink, Robert Hoyt and Daniel Warsh,
each of whom disclaim beneficial ownership of the shares of Common Stock
beneficially owned by Crestview Capital Master, LLC. For purposes of this
statement, the Reporting Person is reporting that:

            (i)   The aggregate amount of Common Stock beneficially owned by the
                  Reporting Person is 2,032,000 shares.

            (ii)  The aggregate percentage of the Common Stock beneficially
                  owned by the Reporting Person is approximately 8.8% as of the
                  date hereof (7.3% of the issued and outstanding Common Stock
                  of the Issuer as of December 16, 2005).

            (iii) The aggregate number of shares of Common Stock which the
                  Reporting Person has sole power to vote or direct the vote of
                  is 2,032,000.

            (iv)  The aggregate number of shares of Common Stock which the
                  Reporting Person has sole power to dispose or to direct the
                  disposition of is 2,032,000.

ITEM  5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
          Not applicable.

ITEM  6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
          Not applicable.

ITEM  7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
          SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
          Not applicable.

ITEM  8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
          Not applicable.

ITEM  9.  NOTICE OF DISSOLUTION OF GROUP.
          Not applicable.

ITEM  10. CERTIFICATION.
          By signing below, I certify that, to the best of my knowledge and
          belief, the securities referred to above were not acquired and are
          not held for the purpose of or with the effect of changing or
          influencing the control of the issuer of the securities and were not
          acquired and are not held in connection with or as a participant in
          any transaction which could have that purpose or effect.





                                    SIGNATURE

      After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

                             Date: August 18, 2006

                             CRESTVIEW CAPITAL MASTER, LLC

                             By: Crestview Capital Partners, LLC


                             By: /s/ Robert Hoyt
                             Name: Robert Hoyt
                             Title: Manager