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 February 8, 2011 Date of Report (Date of Earliest event reported) GLOBAL NUTECH, INC. (Exact Name of Registrant as Specified in Charter) Nevada 333-149857 26-0338889 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 5412 Bolsa Avenue, Suite D, Huntington Beach, CA 92649 (Address of principal executive offices) (Zip code) (714) 373-1930 (Registrant's telephone number, including area code) N/A (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: [ ] 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) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13c-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
SECTION 8 - OTHER EVENTS ITEM 8.01. OTHER EVENTS The Company's wholly owned subsidiary, NuTech Energy, Inc., has reached an agreement, in principle, with Gungadin Energy LLC ("Gungadin"), whereby Gungadin will sell to NuTech Energy and NuTech Energy will purchase from Gungadin, all of the interests of Gungadin in five existing oil wells located in the Austin Chalk formation in the State of Texas. 2
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 9, 2011 GLOBAL NUTECH, INC. By: /s/ E. G. Marchi ------------------------------------ Name: E. G. Marchi Title: President 3