- Current report filing (8-K)
June 23 2009 - 4:32PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
__________________________
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF
THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: June
18, 2009
Global
Energy Holdings Group, Inc.
(Exact
name of Registrant as specified in its charter)
Delaware
(State
or other jurisdiction
of
incorporation)
|
001-32918
(Commission
File
Number)
|
84-1169517
(I.R.S.
Employer
Identification
No.)
|
3348
Peachtree Road, NE
Suite
250, Tower Place 200
Atlanta,
Georgia
(Address
of principal executive offices)
|
30326
(Zip
Code)
|
Registrant’s
telephone number, including area code:
|
(404)
814-2500
|
None
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
|
o
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
|
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
|
o
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
ITEM
1.01
Entry into a Material
Definitive Agreement.
On June 18, 2009, Global Energy
Holdings Group, Inc. (“GNH”) completed the sale of a wholly owned subsidiary,
GES – Port Charlotte, LLC, to MAS Energy LFG 1, LLC (“MAS”).
Under the
terms of the Membership Interest Purchase Agreement, GNH received $250,000 in
cash and MAS assumed certain liabilities of GES – Port Charlotte,
LLC. GES Port Charlotte, LLC’s only asset is the right to the
landfill gas at Charlotte County Florida’s Zemel Road landfill. These gas rights
were purchased by GES Port Charlotte, LLC under a project assignment agreement
dated January 20, 2009 and a novation agreement dated January 22, 2009 from
North American Natural Resources-Southeast, LLC.
Concurrently with the sale of GES Port
Charlotte, LLC, GNH and MAS entered into a letter agreement whereby MAS and GNH
have agreed to negotiate and execute a development agreement under which GNH,
for a fee, will secure the necessary permits and contracts for the development
of the project and oversee the development of the project for
MAS.
ITEM
9.01
Financial Statements
and Exhibits
|
10.1
|
Membership
Interest Purchase Agreement by and among MAS Energy, LLC, MAS Energy LFG
1, LLC and Global Energy Holdings Group, Inc., dated June 18,
2009.
|
|
10.2
|
Letter
Agreement between Global Energy Holdings Group, Inc. and MAS Energy LFG 1,
LLC, dated June 18, 2009.
|
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
|
GLOBAL ENERGY HOLDINGS GROUP,
INC.
|
|
|
|
|
|
|
|
|
|
Date:
June 23, 2009
|
By:
|
/s/
Steven Paulik
|
|
|
|
Steven
Paulik
|
|
|
|
Interim
Chief Financial Officer
|
|
|
|
|
|
Global Energy (AMEX:GNH)
Historical Stock Chart
From Apr 2024 to May 2024
Global Energy (AMEX:GNH)
Historical Stock Chart
From May 2023 to May 2024