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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1090967	Global Energy Inc	GEYI	Industrial Organic Chemicals (2860)	860951473

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1490919	Yuval Ganot	Menachem Begin 16 Ramat Gan L3 52681		Yes	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-03-30	50,000,000	$500,000.00	150,000,000	No	4	P	Indirect	By Noam Elimelech Ltd.
Common Stock	Acquisiton	2010-06-01	3,152,500	$0.01	0	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Noam Elimelech Ltd.
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Options (right to buy)	Acquisiton	2011-03-31	200,000	$0.00	200,000	$0.02
Common Stock	Options (right to buy)	Acquisiton	2011-03-31	200,000	$0.00	200,000	$0.03
Common Stock	Options (right to buy)	Acquisiton	2011-03-31	200,000	$0.00	200,000	$0.04

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
200,000	2010-01-31	2013-01-31	No	4	A	Direct
400,000	2010-01-31	2013-01-31	No	4	A	Direct
600,000	2010-01-31	2013-01-31	No	4	A	Direct

Footnotes

Represents the final purchase of shares pursuant to the terms of a Securities Purchase Agreement dated September 10, 2009, as amended on December 23, 2009, between the Registrant and Noam Elimelech Ltd. ("Noam"), an Israeli private company wholly owned by Mr. Ganot (the "Agreement"). Under the terms of the Agreement, Noam purchased over a period of sixteen months a total aggregate amount of 150,000,000 of the Registrant's shares of Common Stock in exchange for an aggregate purchase price of $1,500,000.
These shares were issued in lieu of unpaid salary and expenses from September 10, 2009 in the aggregate amount of $31,525 owed to Mr. Ganot under his employment agreement with Global Energy.
(i) One-third of the 600,000 options issued to the Reporting Person have an exercise price of $0.0243; (ii) one-third of the options have an exercise price of $0.0304; and (iii) one-third of the options have an exercise price of $0.0365.
The options were granted for no cash consideration pursuant to the 2007 Share Option Plan.
These options were approved by the Board of Directors on January 31, 2010; an option agreement was executed on March 31, 2011.