Unassociated Document
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): June
30, 2006
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GL
ENERGY AND EXPLORATION,
INC.
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(Exact
name of registrant as specified in its
charter)
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Delaware
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000-31032
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52-2190362
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(State
or other jurisdiction of
incorporation)
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(Commission
File Number)
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(IRS
Employer Identification
No.)
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8721
Sunset Blvd., Penthouse 7 Hollywood,
California
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90069
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (310)
659-8770
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(Former
name or former address, if changed since
last report.)
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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 (see General Instruction A.2.below):
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))
Section
1 - Registrant’s Business and Operations
Item
1.01 Entry into a Material Definitive Agreement.
Not
applicable.
Item
1.02 Termination of a Material Definitive Agreement.
Not
applicable.
Item
1.03 Bankruptcy or Receivership.
Not
applicable.
Section
2 - Financial Information
Item
2.01 Completion of Acquisition or Disposition of Assets.
Not
applicable
Item
2.02 Results of Operations and Financial Condition.
Not
applicable.
Item
2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
Not
applicable.
Item
2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation
or an Obligation Under an Off-Balance Sheet Arrangement.
Not
applicable.
Item
2.05 Costs Associated with Exit or Disposal Activities.
Not
applicable.
Item
2.06 Material Impairments.
Not
applicable.
Section
3 - Securities and Trading Markets
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard: Transfer of Listing.
Not
applicable.
Item
3.02 Unregistered Sales of Equity Securities.
Not
applicable.
Item
3.03 Material Modification to Rights of Security Holders.
Not
applicable
Section
4 - Matters Related to Accountants and Financial
Statements
Item
4.01 Changes in Registrant’s Certifying Accountant.
Not
applicable.
Item
4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit
Report or Completed Interim Review.
Not
applicable.
Section
5 - Corporate Governance and Management
Item
5.01 Changes in Control of Registrant.
Not
applicable.
Item
5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On
June
30, 2006, Marcus Sanders resigned from his positions as Chief Operating Officer
and General Counsel of GL Energy & Exploration, Inc. Mr. Sanders’
resignation was not based upon any disagreement with us on any matter relating
to our operations, policies or practices.
Item
5.03 Amendments to Articles of Incorporation or Bylaws: Change in Fiscal
Year.
Not
applicable.
Item
5.04 Temporary Suspension of Trading Under Registrant’s Employee Benefit
Plans.
Not
applicable.
Item
5.05 Amendments to the Registrant’s Code of Ethics, or Waiver of a Provision of
the Code of Ethics.
Not
applicable.
Item
5.06 Change in Shell Company Status.
Not
applicable.
Section
6 - [Reserved]
Not
applicable.
Section
7 - Regulation FD
Item
7.01 Regulation FD Disclosure.
Not
applicable.
Section
8 - Other Events
Item
8.01 Other Events.
Not
applicable.
Section
9 - Financial Statements and Exhibits
Item
9.01 Financial Statements and Exhibits.
Not
applicable.
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.
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GL
ENERGY
AND EXPLORATION |
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(Registrant) |
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| Date: July
5,
2006 |
By: |
/s/ David
Michery |
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David
Michery, President and Chief Executive
Officer |
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