~~Table~~UNITED ofSTATES SECURITIES ~~Contents~~AND EXCHANGE COMMISSION

~~UNITED~~WASHINGTON, ~~STATES SECURITIES~~D.C. ~~AND EXCHANGE COMMISSION~~20549

~~WASHINGTON,~~FORM ~~D.C. 20549~~8-K

~~FORM~~CURRENT ~~8-K~~REPORT

~~CURRENT~~PURSUANT ~~REPORT~~TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

~~PURSUANT~~Date TOof ~~SECTION~~Report ~~13 OR 15~~(D)Date OFof ~~THE~~earliest ~~SECURITIES~~event ~~EXCHANGE~~reported): ~~ACT~~May 18, ~~OF 1934~~2005

~~Date~~Global ofEnergy ~~Report (Date of earliest event reported): January 6~~Group, ~~2003~~Inc.

~~Global~~(Exact ~~Energy~~name ~~Group,~~of ~~Inc.~~ registrant as specified in its charter)

~~(Exact name of registrant as specified in its charter)~~Delaware

~~Delaware~~ (State or other jurisdiction of incorporation)

(State or other jurisdiction of incorporation)


000-31505		23-3020677

(Commission File Number)		(IRS Employer Identification No.)

5000 Legacy Drive, Ste. 470 Plano, Texas		75024

(Address of Principal Executive Offices)		(Zip Code)

000-31505		23-3020677
(Commission File Number)		(IRS Employer Identification No.)
2346 Success Drive, Odessa, Florida		33556
(Address of Principal Executive Offices)		(Zip Code)

(972) 943-6040

(~~972~~Registrant’s telephone number, including area code) ~~312-0503~~

~~(Registrant’s~~ Check ~~telephone~~the ~~number,~~appropriate ~~including~~box ~~area~~below ~~code~~if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

~~N/A~~ ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

~~(Former~~ ¨ ~~name,~~Soliciting ~~address~~material ~~and~~pursuant ~~telephone~~to ~~number~~Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

~~TABLE~~ ¨ OFPre-commencement ~~CONTENTS~~communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

~~SIGNATURES~~ ¨ ~~EX 10.20 Form of Promissory Note EX~~Pre-~~10.21~~commencement ~~Form~~communications ofpursuant ~~Stock~~to ~~Purchase Warrant EX~~Rule 13e-~~10.22~~4(c) ~~9/26/03~~under ~~Distribution~~the ~~Agreement~~Exchange ~~EX-10.23~~Act ~~9/26/03~~(17 ~~Liscence~~CFR ~~Agreement EX-99~~240.~~1 Press Release~~13e-4(c))

~~Table~~Item 7.01 ofRegulation FD ~~Contents~~Disclosure

~~Item~~ On May 718, 2005, Global Energy Group, Inc. ~~Financial~~ ~~Statements~~issued a press release, a copy of which is attached as Exhibit 99.1 hereto and ~~Exhibits~~incorporated herein by reference. The information in this Item 9, including the referenced exhibit, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

~~(c)~~ Item 9.01 Financial Statements and Exhibits

10.20		Form of Promissory Note used in connection with loans to the Company from Global Energy Acquisition Group, L.L.C. (GEAG)
10.21		Form of Stock Purchase Warrant issued as additional consideration for loans by GEAG to the Company
10.22		Distribution Agreement dated September 26, 2003 with Global Energy Distribution Group, L.L.C. (GEDG)
10.23		License Agreement dated September 26, 2003 with GEDG
99.1		Press release issued by Global Energy Group, Inc. on January 6, 2003.

~~Item 9~~99. ~~Regulation FD~~1 ~~Disclosure~~ Press release issued by Global Energy Group, Inc. on May 18, 2005.

~~On January 6, 2003, Global Energy Group, Inc. issued a press release, a~~SIGNATURES ~~copy of which is attached as Exhibit 99.1 hereto and incorporated herein by~~ ~~reference. The press release also is available through the Company’s website at~~ ~~www.gegsolutions.com. The information in this Item 9, including the referenced~~ exhibit, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

~~SIGNATURES~~ Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

~~Pursuant~~GLOBAL toENERGY ~~the~~GROUP, ~~requirements~~INC. of/s/ ~~the~~John ~~Securities~~R. ~~Exchange~~Bailey ~~Act~~John ofR. ~~1934~~Bailey, ~~the Registrant~~Interim ~~has~~CEO, ~~duly~~Vice ~~caused~~President ~~this~~and ~~report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.~~ CFO

		GLOBAL ENERGY GROUP, INC.
		/s/ John R. Bailey
		John R. Bailey, Vice President and CFO
Date: January 6, 2003

Date: May 24, 2005

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