UNITEDTable STATES SECURITIESof AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Contents

~~FORM~~UNITED ~~8-K~~STATES SECURITIES AND EXCHANGE COMMISSION

~~CURRENT~~WASHINGTON, ~~REPORT~~D.C. 20549

~~PURSUANT~~FORM ~~TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934~~8-K

~~Date~~CURRENT ~~of Report (Date of earliest event reported): September 26, 2003~~REPORT

~~Global~~PURSUANT ~~Energy~~TO ~~Group,~~SECTION ~~Inc.~~13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

~~(Exact~~Date ~~name~~ of ~~registrant~~Report as(Date ~~specified~~of inearliest ~~its~~event ~~charter~~reported): January 6, 2003

~~Delaware~~Global Energy Group, Inc.

(~~State~~Exact orname ~~other~~of ~~jurisdiction~~registrant ofas ~~incorporation~~specified in its charter)

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

Delaware

(~~727~~State or other jurisdiction of incorporation) ~~372-3939~~

(Registrant’s telephone number, including area 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)

~~N/A~~(972) 312-0503

(~~Former~~Registrant’s ~~name~~telephone number, ~~address~~including ~~and~~area ~~telephone number~~code)

~~Item 5. Other Events and Regulation FD Disclosure~~N/A

On(Former ~~September 30~~name, ~~2003~~address ~~Global Energy Group, Inc. announced a series of management changes. The Company appointed Carlos Coe to the Board of Directors,~~ and ~~named~~telephone ~~him as President. Joseph H. Richardson announced his resignation~~number) from his position as a Director. Mr. Peter Toomey announced his resignation from the positions of Executive Vice President, Chief Financial Officer, Secretary and Treasurer; Mr. Toomey will remain on the Board as a Director. The Company also announced that it had recently procured new loans totaling $155,000, and that it had issued to the lender warrants to purchase 1.24 million shares of its common stock. The Company also announced a new distribution arrangement.

~~Item 7.~~TABLE ~~Financial~~OF ~~Statements and Exhibits~~ CONTENTS

~~(c) Exhibits~~ SIGNATURES EX 10.20 Form of Promissory Note EX-10.21 Form of Stock Purchase Warrant EX-10.22 9/26/03 Distribution Agreement EX-10.23 9/26/03 Liscence Agreement EX-99.1 Press Release

99.1Table –of Press release issued by Global Energy Group, Inc. on September 30, 2003. Contents

Item 97. Financial ~~Regulation FD~~Statements ~~Disclosure~~and Exhibits

On September 30, 2003, Global Energy Group, Inc. issued a press release, a 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”~~c) or Exhibits ~~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


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.

~~Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form~~Item ~~8-K~~9. Regulation FD ~~to be signed on its behalf~~Disclosure ~~by the undersigned hereunto duly authorized.~~

~~GLOBAL~~ On ~~ENERGY~~January 6, ~~GROUP~~2003, ~~INC~~Global Energy Group, Inc. /issued a press release, a 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/ ~~Carlos~~website ~~Coe~~at www.gegsolutions.com. ~~Carlos~~The ~~Coe~~information in this Item 9, ~~President~~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.

~~Date: September 25, 2003~~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.


		GLOBAL ENERGY GROUP, INC.

		/s/ John R. Bailey

		John R. Bailey, Vice President and CFO

Date: January 6, 2003

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