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 (Date of earliest event reported): ~~December~~September 2919, ~~2010~~2011

____________

Global Entertainment Holdings, Inc.

(Exact name of registrant as specified in its charter)

______________

Nevada	000-49679	93-1221399
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation)	File Number)	Identification No.)

2375 E. Tropicana Avenue, Suite 8-259, Las Vegas, NV 89119

(Address of Principal Executive Office) (Zip Code)

(702) 516-9684

(Registrant’s telephone number, including area code)

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:

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

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

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

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

SECTION 4 - MATTERS RELATED TO ACCOUNTS AND FINANCIAL STATEMENTS

Item 4.0102. ~~Changes in Registrant's Certifying Accountant and~~ Non-Reliance on Previously Issued Financial Statements.

As previously reported by the Company in its Form 810-KQ, filed on ~~November~~August 1022, ~~2010~~2011, ~~the~~in ~~Company~~May ~~received~~of ~~notice from Larry O’Donnell~~2011, ~~CPA,~~the ~~PC.~~Company ~~(“O’Donnell”) on October 26, 2010 that his firm~~ had ~~resigned~~received asa ~~our~~comment ~~independent~~letter ~~auditor. O’Donnell’s~~from ~~reports on our financial statements as of, and for~~ the ~~fiscal~~Securities ~~years ended December 31, 2009~~ and ~~2008,~~Exchange ~~did~~Commission ~~not~~(the ~~contain~~“SEC”) anrelating ~~adverse opinion or a disclaimer of opinion and were not qualified or modified as~~ to ~~uncertainty,~~the ~~audit~~Company’s ~~scope,~~financial orreport ~~accounting~~on ~~principles,~~Form ~~except~~10-K ~~that its report~~ for the ~~fiscal~~year ~~years~~ ended December 31, ~~2009~~2010. ~~and~~The ~~2008~~Staff ~~contained~~expressed ~~a going~~ concern ~~qualification.~~that ~~During~~the ~~our most recent fiscal years ended 2009 and 2010~~$450,000 ~~and~~in ~~during~~revenues ~~the~~received ~~subsequent~~from ~~interim~~Global ~~period~~Universal ~~through the date of this Report~~Pictures, ~~there~~Inc. ~~were~~ (1“GUP”) ~~no disagreements with O’Donnell on any matter of accounting principles or practices~~, ~~financial~~and ~~statement~~recognized ~~disclosure,~~by orthe ~~auditing~~Company ~~scope~~in ~~or procedures~~2010, ~~which~~was ~~disagreements, if~~ not ~~resolved~~appropriately torecognized ~~the~~as ~~satisfaction of O’Donnell, would have caused O’Donnell to make reference to~~ the ~~subject~~cash ~~matter~~was ofreceived ~~the~~from ~~disagreements~~an inaffiliated ~~connection~~party ~~with its reports,~~ and ~~(2)~~subsequently nore-invested ~~events~~into ~~of the type listed in paragraphs (A) through (D) of Item 304(~~a~~)(1)(v)~~ ofspecial ~~Regulation~~purpose ~~S-K.~~entity ~~O'Donnell~~formed ~~had~~by ~~informed~~ the ~~Company~~affiliated ~~that~~party ~~his firm decided~~ to ~~reduce~~fund ~~its~~production ~~workload~~of inthe ~~public company audit work and focus more on tax reporting~~films.

~~However,~~The onCompany ~~December~~disagreed ~~29,~~with ~~2010,~~ the ~~Company~~Staff’s ~~received~~position ~~notice~~in ~~from~~as ~~the~~much ~~Securities~~as ~~and~~each ~~Exchange~~payment ~~Commission~~received ~~("SEC")~~was ~~that~~in exchange for the ~~Public~~sale ~~Company~~of ~~Accounting~~a ~~Oversight~~valuable ~~Board~~asset (~~“PCAOB”)~~i.e., ~~had revoked~~ the ~~registration~~intellectual ofproperty ~~O'Donnell,~~rights ~~effective~~underlying ~~December~~the 14film), ~~2010. As~~and ~~O'Donnell~~the issubsequent nodecision ~~longer~~to ~~registered~~invest ~~with~~in the ~~PCAOB,~~production of the ~~Company~~film ~~may~~was ~~not~~in ~~include~~exchange ~~O'Donnell's~~for ~~audit~~separate ~~reports~~valuable orconsideration ~~consents~~(i.e., inthe ~~filings~~exclusive ~~with~~sales rights to the ~~SEC~~films).

~~Concurrent~~In ~~with~~late ~~O'Donnell's~~July, ~~resignation~~2011, asafter ~~our~~further ~~independent~~discussion ~~auditor~~and consideration, ~~our~~the ~~board~~Company acquiesced to the Staff’s position and will restate its consolidated statement of ~~directors~~revenues ~~elected~~and tothe ~~engage~~related financial statements for the ~~firm~~year ofended ~~Malcolm~~December L.31, ~~Pollard~~2010, ~~Inc~~by eliminating revenue of $450,000. In ~~(“Pollard”)~~the asfuture, ~~our~~revenue ~~independent~~will ~~registered~~be ~~public~~booked ~~accounting~~as ~~firm,~~the ~~effective~~investment ~~October~~in ~~26,~~each ~~2010~~film is repaid.

~~During~~The ~~the~~restatement ~~fiscal~~of ~~years~~revenue ~~ended~~for ~~2009~~2010 ~~and~~is ~~2008~~expected ~~and~~to ~~through~~be ~~the~~finalized ~~date~~by ~~hereof, neither~~ the ~~Registrant,~~Company ~~nor~~and ~~anyone acting on~~ its ~~behalf,~~independent ~~consulted~~auditor ~~Pollard~~in ~~with respect to (i)~~ the ~~application~~third quarter of ~~accounting principles to a specified transaction~~2011, ~~either~~and ~~completed~~will ~~or proposed, or the type of audit opinion that might~~ be ~~rendered~~included onin ~~our~~an ~~financial~~amended ~~statements,~~annual ~~and neither a written~~ report ~~was~~on ~~provided~~Form 10-K to usbe orfiled ~~oral~~shortly ~~advice~~thereafter. ~~was~~In ~~provided~~addition, ~~that~~the ~~Pollard~~Company ~~concluded~~plans ~~was an important factor considered by us in reaching a decision as~~ to ~~the~~voluntarily ~~accounting,~~restate ~~auditing~~its or financial ~~reporting~~reports ~~issue;~~on orForm ~~(ii)~~10-Q ~~any~~for ~~matter that was~~ the ~~subject~~quarterly ofperiods aended ~~disagreement~~March or31, ~~reportable~~2011, ~~events set forth in Item 304(a)(1)(iv)~~ and ~~(v),~~June ~~respectively~~30, ~~of Regulation S-K~~2011.

WeUntil ~~furnished~~such ~~O’Donnell~~time ~~with~~as athese ~~copy~~reports ofare ~~our disclosure on November 8~~filed, ~~2010,~~investors ~~providing~~should ~~O’Donnell~~not ~~with~~rely ~~the~~on ~~opportunity to furnish us with a letter addressed to~~ the ~~SEC~~financial ~~stating whether it agrees with the~~ statements ~~made~~contained ~~by us herein~~ in ~~response~~the toCompany’s ~~Item~~annual ~~304(a)~~report ofon ~~Regulation~~Form S10-K ~~and,~~for ~~if not, stating~~ the ~~respect~~year inended ~~which~~December it31, ~~does~~2010, ~~not~~or ~~agree. O’Donnell's~~the ~~letter~~quarterly ~~agreeing~~reports ~~with~~on ~~our~~Form ~~statements~~10-Q ~~was~~for ~~attached~~the asperiods ~~Exhibit~~ended 1March to31, ~~our~~2011 ~~Form~~and ~~8-K~~June ~~filed on November 10~~30, ~~2010~~2011.

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 Entertainment Holdings Inc.
Dated: January 24, 2011	By:	/s/ Gary Rasmussen
		Gary Rasmussen
		Chief Executive Officer

Global Entertainment Holdings Inc.

By: /s/ Gary Rasmussen

Gary Rasmussen

Chief Executive Officer

Dated: September 16, 2011

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