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): April 1, 2010
GLOBAL
CLEAN ENERGY HOLDINGS, INC.
(Exact
Name of Registrant as Specified in Charter)
Utah
|
(State
of Incorporation)
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000-12627
|
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87-0407858
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(Commission
File Number)
|
|
(I.R.S.
Employer Identification No.)
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6033 W. Century Blvd, Suite 895, Los Angeles,
California
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90045
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(Address
of Principal Executive Offices)
|
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(Zip
Code)
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(310) 641-4234
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(Registrant’s
Telephone Number, Including Area
Code)
|
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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:
¨
|
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).
|
¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b)).
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c)).
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ITEM
5.02 ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS, COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS
Effective
April 1, 2010, Global Clean Energy Holdings, Inc. (the “Company”) appointed
Martin Wenzel to serve on its Board of Directors (“Board”). Mr.
Wenzel is currently the President and Chief Executive Officer of Colorado
Energy, which is the operating unit of Bicent Power LLC, a privately held entity
that owns and operates power generating stations in Colorado, Montana and
California.
Mr.
Wenzel has an extensive background in the energy industry, including over 25
years of developing, constructing and operating energy projects, marketing
energy commodities and operating energy assets in the US and internationally. He
is also a member of the Board of the Deming Center of Entrepreneurship at the
University of Colorado.
Mr.
Wenzel holds an Executive MBA from Columbia Business School; a Masters degree in
Systems Management from the University of Southern California; and a Bachelors
degree in Engineering and Management from the US Naval Academy.
As a
non-employee director, Mr. Wenzel will be granted options annually to purchase
500,000 shares of the Company’s common stock (which options will have an
exercise price equal to the market price on the date of grant and will vest over
a period of one year), and entitled to receive a monthly cash fee of $2,000 for
his services as director. He is also entitled to reimbursement of
certain expenses incurred in connection with attendance of meetings of the Board
and Board committees.
On April 6, 2010, the Company issued a press release (the “Press Release”)
announcing the appointment of Mr. Wenzel to its Board of Directors. A copy of the Press Release is filed as an exhibit to this Current Report on Form 8-K.
ITEM
9.01
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FINANCIAL
STATEMENTS AND EXHIBITS
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(d) Exhibits
Exhibit No.
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Description
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99.1
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Press
Release dated April 6, 2010
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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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GLOBAL
CLEAN ENERGY HOLDINGS, INC.
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|
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Date: April
5, 2010
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By:
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/s/ BRUCE NELSON
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Bruce
Nelson,
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Chief
Financial Officer
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