UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~WASHINGTON~~Washington, D.C. 20549

___________

FORM 8-K

___________

CURRENT REPORT

~~PURSUANT~~Pursuant TOto ~~SECTION~~Section 13 ORor 15(Dd) OFof ~~THE~~the Securities Exchange Act of 1934

~~SECURITIES~~Date of Report (Date of earliest ~~EXCHANGE~~event ~~ACT~~reported) OFNovember ~~1934~~4, 2009.

~~DATE OF~~Global ~~REPORT (DATE OF EARLIEST EVENT REPORTED): April 13~~Holdings, ~~2009~~ Inc.

~~GLOBAL~~(Exact ~~HOLDINGS,~~name ~~INC.~~of registrant as specified in its charter)

(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

Nevada	333-150651	20-8403198
(State or other jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Nevada		333-150651		20-8403198
(State or other jurisdiction of incorporation or organization)		(Commission File No.)		(IRS Employee Identification No.)

P.O. Box 6053, East Brunswick, New Jersey 08816

~~P.O.~~ (Address ~~Box~~of ~~6053~~principal executive offices)(Zip Code)

East Brunswick, New Jersey 08816

(Address of Principal Executive Offices)

_______________

(732) 991-5610

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

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~~ communication 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))

~~Forward~~Item ~~Looking~~5.01 ~~Statements~~Changes in Control of Registrant.

~~This Form~~Effective ~~8-K~~as ~~and~~of ~~other~~November ~~reports~~4, ~~filed~~2009 byGlobal ~~Registrant~~Holdings, ~~from~~Inc. ~~time~~(the to“Company”), ~~time~~Mitchell ~~with~~Cohen ~~the Securities~~ and Stuart ~~Exchange~~Davis ~~Commission~~ (collectively, the “~~Filings~~Sellers”) ~~contain or may contain forward looking statements~~ and ~~information~~Alpha ~~that~~1 ~~are~~Security, ~~based~~Inc. ~~upon beliefs of~~(“Alpha”), ~~and~~ ~~information~~a ~~currently~~Florida ~~available to~~corporation, ~~Registrant's~~closed ~~management as well as estimates and assumptions made by Registrant's management. When used in~~ the ~~filings~~Share ~~the words~~Purchase ~~“anticipate”~~Agreement, ~~“believe”,~~dated ~~“estimate”,~~April ~~“expect”~~13, ~~“future”, “intend”, “plan”~~2009 ~~or the negative of these terms~~ and ~~similar~~all ~~expressions~~amendments asthereto ~~they~~(the ~~relate to Registrant or Registrant's management identify forward looking statements~~“Agreement”). Pursuant ~~Such statements reflect the current view of Registrant with respect~~ to ~~future events~~the ~~and~~Agreement, ~~are~~Alpha ~~subject~~purchased ~~to risks~~161, ~~uncertainties~~568,000 ~~assumptions~~outstanding ~~and~~shares ~~other~~of ~~factors~~the ~~relating~~Company’s tocommon ~~Registrant's~~stock ~~industry, Registrant's operations~~ and ~~results~~the ofSellers ~~operations~~received ~~and any~~a ~~businesses~~total ~~that may be acquired by Registrant. Should one or more~~ of ~~these risks or uncertainties materialize~~$417,000 orfor ~~should the underlying assumptions prove~~such ~~incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned~~purchase.

~~Although~~As a ~~Registrant~~result ~~believes~~of ~~that~~ the ~~expectations~~Agreement, ~~reflected~~there inwas ~~the~~a ~~forward~~change ~~looking statements~~in ~~are~~control ~~reasonable,~~of ~~Registrant~~the ~~cannot guarantee future results~~Company, ~~levels of~~and ~~activity~~Russell Varnado, ~~performance or achievements. Except~~ as ~~required~~Chairman byand ~~applicable~~Director ~~law, including the securities laws~~ of ~~the~~Alpha ~~United~~1 ~~States~~Security, ~~Registrant~~Inc., ~~does not intend~~acquired tocontrolling ~~update~~interest ~~any~~ of the ~~forward-looking~~Company ~~statements~~from tothe ~~conform~~Sellers. ~~these~~Alpha ~~statements~~obtained to83% ~~actual~~beneficial ~~results.~~ownership ~~The~~interest ~~following discussion should be read~~ in ~~conjunction with Registrant's pro forma financial statements and~~ the ~~related notes that will be filed herein~~Company.

~~In this~~Item ~~Form~~5.02 ~~8-K,~~Departure ~~references~~of toDirectors ~~“we,”~~or ~~“our,”~~Certain ~~“us,”~~Officers; ~~“our~~Election ~~company,”~~of ~~or the “Registrant”~~Directors; ~~refer~~Appointment toof ~~Global~~Certain ~~Holdings,~~Officers; ~~Inc.,~~Compensatory aArrangement ~~Nevada~~of ~~corporation~~Certain Officers.

~~Item 1~~Pursuant to the Agreement, effective as of November 4, 2009, Mitchell Cohen and Stuart Davis resigned from the Company’s Board of Directors and from their positions as Chief Executive Officer, President, Chief Financial Officer and Secretary respectively.~~01 Entry~~ In ~~Into~~addition, ARussell ~~Material~~Varnado, ~~Definitive~~Mark McCloy and John ~~Agreement~~McKinnon were appointed to the Board of Directors of the Company. Moreover, effective as of November 4, 2009, Mark McCloy became Chief Executive Officer and President of the Company, replacing Mitchell Cohen as Chief Executive Officer, President and Chief Financial Officer of the Company; John McKinnon became Vice President of the Company; and Janice Ogletree became Secretary and Treasurer of the Company.

On April 13, 2009, Global Holdings, Inc. (“Global” or the “Company”), Mitchell Cohen and Stuart Davis (collectively, the “Sellers”) entered into a Share Purchase Agreement (the “Agreement”) with Alpha 1 Security, Inc. (the “Purchaser”), pursuant to which the Sellers, shareholders of the Company, agree to sell an aggregate of 15,140,000 shares, which represents 83% of the issued and outstanding common shares of the Company, to the Purchaser. The transaction shall be closed within 30 days of this Agreement (the “Closing Date”). On the Closing Date, pursuant to the terms of the Agreement, the Sellers shall transfer 83% of all the issued and outstanding shares of the Company (the “Shares”) to the Purchaser for a purchase price of $370,000 (the “Purchase Price”).

The Purchase Price shall be paid in the following manner:

1. Upon the execution of this Agreement, the Purchaser shall transfer $195,000 (“Initial Payment”) to Anslow & Jaclin, LLP to be released to the Sellers in accordance with the terms of this Agreement.

2. Within 30 calendar days of the date of this Agreement, the Purchaser shall transfer $175,000 (“Additional Payment”) to Anslow & Jaclin, LLP, as escrow agent, to be held in escrow in accordance with the terms of this Agreement. In the event that the Additional Payment is not received within the thirty day period, then Purchaser can extend such period for an additional fifteen (15) days at its sole discretion. In consideration for such extension, the Sellers shall retain an additional 180,000 shares of the Company so that they will only be transferring a total of 14,960,000 shares. In the event that the Purchaser does not make the Additional Payment in a timely manner, chooses not to exercise this option or exercises the option and fails to make the Additional Payment within 15 days, then this Definitive Agreement shall be deemed null and void and Sellers shall retain the Initial Payment.

A copy of the Agreement has been included as Exhibit 2.1 to this Current Report and is hereby incorporated by reference. All references to the Agreement and other exhibits to this Current Report are qualified, in their entirety, by the text of such exhibits. This transaction is discussed more fully in Section 2.01 of this Current Report. The information therein is hereby incorporated in this Section 1.01 by reference.

Item 9.01 Financial Statement and Exhibits.

Exhibit Number		Description
10.1		Share Purchase Agreement by and among Global Holdings, Inc. and Mitchell Cohen and Stuart Davis, and Alpha 1 Security, Inc. dated April 13, 2009 (Incorporated by reference to Form 8-K filed on April 17, 2009
10.2		Amendment to the Share Purchase Agreement dated October 22, 2009

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~Registrant~~registrant has duly caused this ~~Report~~report to be signed on its behalf by the undersigned hereunto duly authorized.

	GLOBAL HOLDINGS, INC.
	Global Holdings, Inc.
Date: April 17, 2009	By:	/s/ Mitchell Cohen
Dated: November 9, 2009	By:	/s/ Mark McCloy
		Mitchell Cohen
		Mark McCloy
		President , CFO, Chairman of the Board of Directors
		Title: President & CEO
Date: April 17, 2009	By:	/s/ Stuart Davis
		Stuart Davis
		Secretary and Director

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