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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNITED STATES SECURITIES
AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Washington, DC 20549</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Pursuant to Section
13 or 15(d) of the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Date of Report
(Date of Earliest Event Reported): &nbsp;January 9, 2012</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><U>GREEN TECHNOLOGY
SOLUTIONS, INC.</U></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Exact name of registrant
as specified in its charter)</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: center">&nbsp;</P>

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    <TD STYLE="width: 23%; line-height: 115%">&nbsp;</TD>
    <TD STYLE="width: 38%; line-height: 115%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: center"><B><U>Delaware<BR>
</U></B>(State or other jurisdiction<BR>
of incorporation)</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: center"><B><U>001-11248<BR>
</U></B>(Commission<BR>
File Number)</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: center"><B><U>84-0938688<BR>
</U></B>(IRS Employer<BR>
Identification No.)</TD></TR>
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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>2880 Zanker
Road, Suite 203<BR>
San Jose, CA 95134</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Address
of principal executive offices) (Zip Code)</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><U>(408) 432-7285</U></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Registrant's telephone
number)</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left">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:</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: justify">&nbsp;</P>

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    <TD STYLE="width: 98%; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: justify"><FONT STYLE="font-family: Wingdings 2">&#163;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: justify">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD></TR>
<TR>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: justify"><FONT STYLE="font-family: Wingdings 2">&#163;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: justify">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR>
<TR>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: justify"><FONT STYLE="font-family: Wingdings 2">&#163;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: justify">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR>
<TR>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: justify"><FONT STYLE="font-family: Wingdings 2">&#163;</FONT>&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; text-align: justify">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR>
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<p>&nbsp;&nbsp;</P>
<p>&nbsp;&nbsp;</P><p>&nbsp;&nbsp;</P>
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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-indent: 0.5in"><BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 3.02&nbsp; Unregistered Sales of Equity Securities </B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On October 7, 2011, the
Company signed a Convertible Promissory Note which refinanced non-interest bearing advances in the amount of $661,683 into
a convertible note payable. The Convertible Promissory Note is effective December 31, 2010, bears interest at 10% per annum
and is payable along with accrued interest on December 31, 2012. &nbsp;The Convertible Promissory Note is convertible into
common stock at the option of the holder at the rate of $0.03 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Additionally, on October 7, 2011, the
Company signed a Convertible Promissory Note which refinanced non-interest bearing advances in the amount of $517,673 into a
convertible note payable. The Convertible Promissory Note is effective June 30, 2011, bears interest at 10% per annum and is
payable along with accrued interest on June 30, 2013. &nbsp;The Convertible Promissory Note is convertible into common stock
at the option of the holder at the rate of $0.03 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 9, 2012, the holder of the
$661,683 Convertible Note Payable elected to convert the entire principal in the amount of $661,683 into 22,056,100 shares of
common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 12, 2012, the holder of the
$517,673 Convertible Note Payable assigned principal in the amount of $270,000 to six entities ($45,000 each). The new holders
of the $517,673 Convertible Note Payable elected to convert principal in the amount of $270,000 into 9,000,000 shares of common
stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As a result of these conversions
there were 31,202,694 shares of common stock outstanding as of March 15, 2012.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: justify"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: justify; text-indent: 0.5in">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.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: justify">Dated:&nbsp;&nbsp;March
16, 2012</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-indent: 3in">Green Technology Solutions,
Inc.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-indent: 3in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-indent: 3in">By:&nbsp;&nbsp;&nbsp;&nbsp;
<U>/s/ Paul Watson</U></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0; text-indent: 243pt">Paul Watson, CEO</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 107.8pt 0pt 0">&nbsp;</P>

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{"company-data": {"conformed-name": "Green Technology Solutions, Inc.", "cik": "0000874792", "assigned-sic": "1382", "irs-number": "840938688", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-11248", "film-number": "12697334"}, "business-address": {"street1": "2880 ZANKER ROAD", "street2": "SUITE 203", "city": "SAN JOSE", "state": "CA", "zip": "95134", "phone": "(408) 432-7285"}, "mail-address": {"street1": "2880 ZANKER ROAD", "street2": "SUITE 203", "city": "SAN JOSE", "state": "CA", "zip": "95134"}, "former-company": [{"former-conformed-name": "SUNRISE ENERGY RESOURCES INC", "date-changed": "20050105"}, {"former-conformed-name": "SUNRISE ENERGY SERVICES INC", "date-changed": "19930328"}, {"former-conformed-name": "XCL SUNRISE INC /DE/", "date-changed": "19600201"}]}
UNITED STATES SECURITIES
AND EXCHANGE COMMISSION
Washington, DC 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):  January 9, 2012
GREEN TECHNOLOGY
SOLUTIONS, INC.
(Exact name of registrant
as specified in its charter)
Delaware
(State or other jurisdiction
of incorporation)
001-11248
(Commission
File Number)
84-0938688
(IRS Employer
Identification No.)
2880 Zanker
Road, Suite 203
San Jose, CA 95134
(Address
of principal executive offices) (Zip Code)
(408) 432-7285
(Registrant's telephone
number)
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 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 3.02  Unregistered Sales of Equity Securities
On October 7, 2011, the
Company signed a Convertible Promissory Note which refinanced non-interest bearing advances in the amount of $661,683 into
a convertible note payable. The Convertible Promissory Note is effective December 31, 2010, bears interest at 10% per annum
and is payable along with accrued interest on December 31, 2012.  The Convertible Promissory Note is convertible into
common stock at the option of the holder at the rate of $0.03 per share.
Additionally, on October 7, 2011, the
Company signed a Convertible Promissory Note which refinanced non-interest bearing advances in the amount of $517,673 into a
convertible note payable. The Convertible Promissory Note is effective June 30, 2011, bears interest at 10% per annum and is
payable along with accrued interest on June 30, 2013.  The Convertible Promissory Note is convertible into common stock
at the option of the holder at the rate of $0.03 per share.
On January 9, 2012, the holder of the
$661,683 Convertible Note Payable elected to convert the entire principal in the amount of $661,683 into 22,056,100 shares of
common stock.
On January 12, 2012, the holder of the
$517,673 Convertible Note Payable assigned principal in the amount of $270,000 to six entities ($45,000 each). The new holders
of the $517,673 Convertible Note Payable elected to convert principal in the amount of $270,000 into 9,000,000 shares of common
stock.
As a result of these conversions
there were 31,202,694 shares of common stock outstanding as of March 15, 2012.
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.
Dated:  March
16, 2012
Green Technology Solutions,
Inc.
By:
/s/ Paul Watson
Paul Watson, CEO