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<A NAME="A001"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="3"><B>UNITED
STATES<BR>SECURITIES AND EXCHANGE COMMISSION</B></FONT></FONT></P>

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<A NAME="A003"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="3"><B>WASHINGTON,
D.C. 20549</B></FONT></FONT></P>

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<A NAME="A004"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="4"><B>FORM
8-K</B></FONT></FONT></P>

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<A NAME="A005"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="3"><B>CURRENT
REPORT<BR>Pursuant to Section 13 or 15(d)<BR>of the Securities Exchange Act of 1934</B></FONT></FONT></P>



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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="3">Date of
Report (Date of Earliest Event Reported): <B>August 25, 2006</B></FONT></FONT> </P>

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<A NAME="A008"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="6"><B>Global
Aircraft Solutions, Inc.</B></FONT></FONT></P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">(Exact Name
of Registrant as Specified in Charter) </FONT></FONT> </P>


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    <TD align=left width="37%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Nevada</B></FONT></TD>
    <TD align=left width="4%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="30%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>000-28575</B></FONT></TD>
    <TD align=left width="4%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="23%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>84-1108499</B></FONT></TD>
    <TD align=left width="2%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD align=left><FONT face="Times New Roman, Times, Serif" size=2>(State of Incorporation)
      </FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>(Commission File Nunber)</FONT></TD>
    <TD align=left><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=center><FONT face="Times New Roman, Times, Serif" size=2>(IRS
      Employer Identification No.)</FONT></TD>
    </TR></TABLE><BR><BR>

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<A NAME="A009"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>P.O.
Box 23009 Tucson, AZ 85734</B><BR>(Address of principal executive offices)</FONT></FONT></P>



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<A NAME="A010"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>(520)&nbsp;294-3481</B><BR>(Registrant's telephone number, including area code)</FONT></FONT></P>




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<A NAME="A011"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Formerly
Renegade Venture (NEV) Corporation</B><BR>(Former Name or Former Address if Changed Since Last Report)<BR></FONT></FONT></P>




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<P ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 (<I>see </I>General Instruction A.2. below):</FONT></FONT> </P>

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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></FONT> </P></TD>
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></FONT> </P></TD>
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)).</FONT></FONT> </P></TD>
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Pre-commencement communications pursuant to Rule 13e-4(c) under  the Exchange Act (17 CFR
240.13e-14(c).</FONT></FONT> </P></TD>
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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><I>INFORMATION
CONCERNING FORWARD-LOOKING STATEMENTS &#151; This report and the exhibit or
exhibits attached hereto, contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, including, without
limitation, statements as to management&#146;s good faith expectations and
beliefs, which are subject to inherent uncertainties which are difficult to
predict, and may be beyond the ability of the Company to control.
Forward-looking statements are made based upon management&#146;s expectations
and belief concerning future developments and their potential effect upon the
Company. There can be no assurance that future developments will be in
accordance with management&#146;s expectations or that the effect of future
developments on the Company will be those anticipated by management.</I></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><I>The
words &#147;believes,&#148; &#147;expects,&#148; &#147;intends,&#148;
&#147;plans,&#148; &#147;anticipates,&#148; &#147;hopes,&#148;
&#147;likely,&#148; &#147;will,&#148; and similar expressions identify such
forward-looking statements. Such forward-looking statements involve known and
unknown risks, uncertainties and other important factors that could cause the
actual results, performance or achievements of the Company or its subsidiaries
or industry results, to differ materially from future results, performance or
achievements expressed or implied by such forward-looking statements.</I></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><I>Readers
are cautioned not to place undue reliance on these forward-looking statements
which reflect management&#146;s view only as of the date of this Form 8-K. The
Company undertakes no obligation to publicly release the result of any revisions
to these forward-looking statements which may be made to reflect events or
circumstance after the date hereof or to reflect the occurrence of unanticipated
events, conditions or circumstances. For additional information about risks and
uncertainties that could adversely affect the Company&#146;s forward-looking
statements, please refer to the Company&#146;s filings with the Securities and
Exchange Commission, including its Annual Report on Form 10-KSB for the fiscal
year ended December 31, 2005 and its Quarterly Reports on Form 10-Q for the first quarter
ended March 31, 2006 and the second quarter ended June 30, 2006.</I></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>ITEM 2.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Results
of Operations and Financial Condition</B></FONT></FONT></P>


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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">On
August 14, 2006, Global Aircraft Solutions, Inc. (the &#147;Company&#148;) filed
its 10Q for the fiscal quarter ended June 30, 2006 and conducted a conference
call on August 15, 2006 discussing its financial performance and results of
operations for fiscal quarter ended June 30, 2006. A copy of the transcript of
this conference call is attached hereto as Exhibit 99.1.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">The
information contained herein and in the accompanying Exhibit shall not be
incorporated by reference into any filing of the Company, whether made before or
after the date hereof, regardless of any general incorporation language in such
filing, unless expressly incorporated by specific reference to such filing. The
information furnished in this report on Form 8-K, including Exhibit&nbsp;99.1,
shall be deemed to be &#147;furnished&#148; and therefore shall not be deemed to
be &#147;filed&#148; for the purposes of Section&nbsp;18 of the Securities
Exchange Act of 1934 (&#147;Exchange Act&#148;), or otherwise subject to the
liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of
1933, as amended.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">The
transcript contains discussions of EBITDA (earnings before interest, taxes,
depreciation and amortization-adds depreciation and amortization to income)
which is a non-GAAP financial measure. For purposes of Regulation G, a non-GAAP
financial measure is a numerical measure of a registrant&#146;s historical or
future financial performance, financial position or cash flows that excludes
amounts, or is subject to adjustments that have the effect of excluding amounts,
that are included in the most directly comparable measure calculated and
presented in accordance with GAAP in the statement of income, balance sheet or
statement of cash flows (or equivalent statements) of the issuer; or includes
amounts, or is subject to adjustments that have the effect of including amounts
that are excluded from the most comparable measure so calculated and presented.
In this regard GAAP refers to generally accepted accounting principles in the
United States. Pursuant to the requirements of Regulation G, the Company reports
this financial calculation because it is (i) useful to investors and other users
of our financial information in evaluating operating financial performance; and
(ii) a common benchmark used by investors to evaluate and determine current
operating expense efficiency and operating profitability on a more variable cost
basis by excluding the depreciation and amortization expenses related primarily
to capital expenditures and acquisitions that occurred in prior years. The
comparable GAAP reconciliation is the earnings reported in the Company&#146;s
financial statements that are prepared in accordance with GAAP whereas EBITDA is a
measure from GAAP earnings by adding back the interest, taxes, depreciation and
amortization.</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>ITEM 7.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
REGULATION FD DISCLOSURE</B></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">The
information included in Item 2.02 of this Form 8-K, including the transcript
attached as Exhibit 99.1, is incorporated by reference into this Item 7.01 in
satisfaction of the public disclosure requirements of Regulation FD. This
information is &#147;furnished&#148; and not &#147;filed&#148; for purposes of
Section 18 of the Securities and Exchange Act of 1934, or otherwise subject to
the liabilities of that section. It may be incorporated by reference in another
filing under the Securities and Exchange Act of 1934 or the Securities Act of
1933 only if, and to the extent that, such subsequent filing specifically
references the information incorporated by reference herein.</FONT></FONT></P>

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<A NAME="A002"></A>
<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>ITEM 9.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Financial Statements and Exhibits</B></FONT></FONT></P>

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(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits</FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Exhibit No.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Document</B></FONT></FONT></P>

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     <TD ALIGN="RIGHT" WIDTH="3%"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">99.1</FONT></FONT></TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Transcript of August 15, 2006 Conference Call discussing financial performance and results of operations for fiscal quarter ended June 30, 2006</FONT></FONT> </P></TD>
</TR>
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<A NAME="A006"></A>
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>SIGNATURES</B></FONT></FONT></P>

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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.</FONT></FONT></P>



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<P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Date:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;August 25
2006</FONT></FONT></P>



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     <TD><P ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Global
Aircraft Solutions, Inc. </B> <BR>(Registrant)<BR><BR><BR><BR>By:&nbsp;&nbsp;/s/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
John Sawyer<BR>Name:&nbsp;&nbsp; John Sawyer&nbsp; &nbsp;&nbsp; <BR>Title:&nbsp;&nbsp;President</FONT></FONT> </P></TD>
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{"company-data": {"conformed-name": "GLOBAL AIRCRAFT SOLUTIONS, INC.", "cik": "0000854171", "assigned-sic": "4581", "irs-number": "841108499", "state-of-incorporation": "AZ", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-28575", "film-number": "061058017"}, "business-address": {"street1": "6900 S. PARK AVE.", "street2": "P.O. BOX 23009", "city": "TUCSON", "state": "AZ", "zip": "85706", "phone": "5202943481"}, "mail-address": {"street1": "6900 S. PARK AVE.", "street2": "P.O. BOX 23009", "city": "TUCSON", "state": "AZ", "zip": "85706"}, "former-company": [{"former-conformed-name": "RENEGADE VENTURE NEV CORP", "date-changed": "19981116"}, {"former-conformed-name": "RENEGADE VENTURE CORP", "date-changed": "19920703"}]}
AutoCoded Document
UNITED
STATES
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
Date of
Report (Date of Earliest Event Reported):
August 25, 2006
Global
Aircraft Solutions, Inc.
(Exact Name
of Registrant as Specified in Charter)
Nevada
000-28575
84-1108499
(State of Incorporation)
(Commission File Nunber)
(IRS
      Employer Identification No.)
P.O.
Box 23009 Tucson, AZ 85734
(Address of principal executive offices)
(520) 294-3481
(Registrant's telephone number, including area code)
Formerly
Renegade Venture (NEV) Corporation
(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):
|_|     
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-14(c).
INFORMATION
CONCERNING FORWARD-LOOKING STATEMENTS — This report and the exhibit or
exhibits attached hereto, contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, including, without
limitation, statements as to management's good faith expectations and
beliefs, which are subject to inherent uncertainties which are difficult to
predict, and may be beyond the ability of the Company to control.
Forward-looking statements are made based upon management's expectations
and belief concerning future developments and their potential effect upon the
Company. There can be no assurance that future developments will be in
accordance with management's expectations or that the effect of future
developments on the Company will be those anticipated by management.
The
words "believes," "expects," "intends,"
"plans," "anticipates," "hopes,"
"likely," "will," and similar expressions identify such
forward-looking statements. Such forward-looking statements involve known and
unknown risks, uncertainties and other important factors that could cause the
actual results, performance or achievements of the Company or its subsidiaries
or industry results, to differ materially from future results, performance or
achievements expressed or implied by such forward-looking statements.
Readers
are cautioned not to place undue reliance on these forward-looking statements
which reflect management's view only as of the date of this Form 8-K. The
Company undertakes no obligation to publicly release the result of any revisions
to these forward-looking statements which may be made to reflect events or
circumstance after the date hereof or to reflect the occurrence of unanticipated
events, conditions or circumstances. For additional information about risks and
uncertainties that could adversely affect the Company's forward-looking
statements, please refer to the Company's filings with the Securities and
Exchange Commission, including its Annual Report on Form 10-KSB for the fiscal
year ended December 31, 2005 and its Quarterly Reports on Form 10-Q for the first quarter
ended March 31, 2006 and the second quarter ended June 30, 2006.
ITEM 2.02.      Results
of Operations and Financial Condition
On
August 14, 2006, Global Aircraft Solutions, Inc. (the "Company") filed
its 10Q for the fiscal quarter ended June 30, 2006 and conducted a conference
call on August 15, 2006 discussing its financial performance and results of
operations for fiscal quarter ended June 30, 2006. A copy of the transcript of
this conference call is attached hereto as Exhibit 99.1.
The
information contained herein and in the accompanying Exhibit shall not be
incorporated by reference into any filing of the Company, whether made before or
after the date hereof, regardless of any general incorporation language in such
filing, unless expressly incorporated by specific reference to such filing. The
information furnished in this report on Form 8-K, including Exhibit 99.1,
shall be deemed to be "furnished" and therefore shall not be deemed to
be "filed" for the purposes of Section 18 of the Securities
Exchange Act of 1934 ("Exchange Act"), or otherwise subject to the
liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of
1933, as amended.
The
transcript contains discussions of EBITDA (earnings before interest, taxes,
depreciation and amortization-adds depreciation and amortization to income)
which is a non-GAAP financial measure. For purposes of Regulation G, a non-GAAP
financial measure is a numerical measure of a registrant's historical or
future financial performance, financial position or cash flows that excludes
amounts, or is subject to adjustments that have the effect of excluding amounts,
that are included in the most directly comparable measure calculated and
presented in accordance with GAAP in the statement of income, balance sheet or
statement of cash flows (or equivalent statements) of the issuer; or includes
amounts, or is subject to adjustments that have the effect of including amounts
that are excluded from the most comparable measure so calculated and presented.
In this regard GAAP refers to generally accepted accounting principles in the
United States. Pursuant to the requirements of Regulation G, the Company reports
this financial calculation because it is (i) useful to investors and other users
of our financial information in evaluating operating financial performance; and
(ii) a common benchmark used by investors to evaluate and determine current
operating expense efficiency and operating profitability on a more variable cost
basis by excluding the depreciation and amortization expenses related primarily
to capital expenditures and acquisitions that occurred in prior years. The
comparable GAAP reconciliation is the earnings reported in the Company's
financial statements that are prepared in accordance with GAAP whereas EBITDA is a
measure from GAAP earnings by adding back the interest, taxes, depreciation and
amortization.
ITEM 7.01.     
REGULATION FD DISCLOSURE
The
information included in Item 2.02 of this Form 8-K, including the transcript
attached as Exhibit 99.1, is incorporated by reference into this Item 7.01 in
satisfaction of the public disclosure requirements of Regulation FD. This
information is "furnished" and not "filed" for purposes of
Section 18 of the Securities and Exchange Act of 1934, or otherwise subject to
the liabilities of that section. It may be incorporated by reference in another
filing under the Securities and Exchange Act of 1934 or the Securities Act of
1933 only if, and to the extent that, such subsequent filing specifically
references the information incorporated by reference herein.
ITEM 9.01.     
Financial Statements and Exhibits
(c)     Exhibits
Exhibit No.
        Document
99.1
Transcript of August 15, 2006 Conference Call discussing financial performance and results of operations for fiscal quarter ended June 30, 2006
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.
Date:     August 25
2006
Global
Aircraft Solutions, Inc.
(Registrant)
By:  /s/     
John Sawyer
Name:   John Sawyer
Title:  President