X0303 4 2008-08-19 0 0000748790 Global Clean Energy Holdings, Inc. GCEH 0001413582 Palmer Richard NMN 3806 NEWTON ST. TORRANC CA 90505 1 1 1 0 Pres.& Chief Operating Officer Common Stock 2008-08-19 4 P 0 100000 0.0596 A 9235037 D Common Stock 54810220 I By Mobius Risk Group, LLC 652,504 of the shares of Issuer are subject to forfeiture in the event that the Issuer has not achieved a certain market capitalization threshold by September 7, 2009 ("Market Condition"). These shares are held by Mobius Risk Group, LLC, a Texas limited liabilty company ("Mobius"). Reportig Person owns 13.33% of the issued and outstanding membership interests of Mobius. 3,915,016 shares of Issuer held by Mobius are subject to forfeiture in the event that the Issuer has not satisfied the Market Condition. The Reporting Person disclaims beneficial ownership of the securities held by Mobius. /s/ Richard Palmer 2008-08-20