SC 13D 1 rolfe13d.htm ROLFE'S SCHEDULE 13D UNITED STATES

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. _______*)

GLOBAL ENERGY INC.

(Name of Issuer)

Common Stock, par value of $0.001

(Title of Class of Securities)

37932B 10 0

(CUSIP Number)

Bernard Pinsky
Clark Wilson LLP
Barristers & Solicitors
Patent & Trade-Mark Agents
800 - 885 West Georgia Street
Vancouver, British Columbia, Canada V6C 3H1
Tel: 604.687.5700

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

April 5, 2004

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Section 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ].

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

CUSIP NO.

37932B 10 0

1

NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Rolfe Investment Ltd.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) [ ]

(b) [x]

3

SEC USE ONLY

4

SOURCE OF FUNDS (See Instructions)

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)

[ ]

6

CITIZENSHIP OR PLACE OF ORGANIZATION

Switzerland

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

7

SOLE VOTING POWER

328,125

8

SHARED VOTING POWER

Nil

9

SOLE DISPOSITIVE POWER

328,125

10

SHARED DISPOSITIVE POWER

Nil

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

328,125

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

[ ]

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

7.06%, based on 4,650,000 shares of common stock of the Issuer outstanding

14

TYPE OF REPORTING PERSON (See Instructions)

CO

Item
1. Security and Issuer

This Statement relates to common shares without par value of Global Energy Inc. (the "Issuer"). The principal executive offices of the Issuer are located P.O. Box 49149, Suite 400, Four Bentall Centre, 1055 Dunsmuir Street, Vancouver, British Columbia, V7X 1J1.

Item
2. Identity and Background

(a) Name: Rolfe Investment Ltd. ("Rolfe").

(b) State of Organization: Switzerland.

(c) Principal business: investments.

(d) Principal office address: c/o Trustco Services Ltd., Chamerstrasse 12c, P.O. Box 4436, 6304 Zug, Switzerland.

(e) During the last five years, Rolfe has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanours).

(f) During the last five years, Rolfe was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item
3. Source and Amount of Funds or Other Considerations

Pursuant to an affiliate stock purchase agreement dated April 5, 2005 with DNG Capital Corp., Rolfe acquired 328,125 shares of the Issuer's common stock for an aggregate acquisition cost of $67,062.04. These funds were provided by the working capital of Rolfe. No part of the purchase price is or will be represented by funds or other consideration borrowed or otherwise obtained for the purpose of acquiring, holding, trading or voting the securities.

Item
4. Purpose of Transaction

Rolfe entered into the April 5, 2005 transaction and acquired the 328,125 common shares for investment purposes, but may transfer or sell such shares as necessary.

Rolfe does not presently have any plan or proposal which relate to or would result in any of the following: the acquisition or disposition by any person of additional securities of the Issuer; an extraordinary corporate transaction involving the Issuer or its subsidiaries; a sale or transfer of a material amount of the Issuer's or its subsidiaries' assets; any material change in the present capitalization or dividend policy of the Issuer; any other material change in the Issuer's corporate structure; any changes to the Issuer's charter, bylaws or instruments corresponding thereto which may impede the acquisition of control by any person; causing a class of securities of the Issuer to be delisted from a national securities exchange or cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; or a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to section 12(g)(4) of the Securities Exchange Act of 1934.

Item
5. Interest in Securities of the Issuer

(a) Rolfe beneficially owns an aggregate of 328,125 shares of common stock of the Issuer. This represents 7.06% of the Issuer's current issued and outstanding share capital.

(b) Rolfe has the sole power to vote or direct the vote, and to dispose or direct the disposition, of 328,125 shares of common stock of the Issuer. Rolfe is a corporation controlled by Ariel Malik.

(c) Other than described in Item 3 above, Rolfe has not effected any transaction in the shares of common stock of the Issuer in the past sixty days.

(d) no person, other than Rolfe, is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the 328,125 shares of common stock of the Issuer.

(e) Not applicable.

Item
6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Not applicable.

Item
7. Material to Be Filed as Exhibits

Not applicable.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: April 13, 2005

ROLFE INVESTMENT LTD.

Per:

/s/ Maria Meier
Maria Meier

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement: provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Attention: intentional misstatements or omissions of fact
constitute Federal criminal violations (see 18 U.S.C. 1001)