Global Energy Group Raises $300,000 via Common Stock Sale

Global Energy Group, Inc. sold 4,167,883 shares of common stock to Harold M. Cole for approximately $300,000 in cash to fund accounts payable, growth expenses, and working capital.

“On March 21, 2006, the Company sold 4,167,883 shares of its common stock to Harold M. Cole for approximately $300,000 in cash at a share price of $0.07 per share.”

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