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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">SECURITIES
AND EXCHANGE COMMISSION</font></div>
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D.C. 20549</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CURRENT
REPORT</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
to Section&#160;13 or 15(d)&#160;of the</font></div>
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Exchange Act of 1934</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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6, 2008</font></div>
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of Report (date of earliest event reported):</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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ENERGY, INC.</font></div>
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name of registrant as specified in its charter)</font></div>
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      or other jurisdiction</font></div>
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      incorporation)</font></div>
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      Employer</font></div>
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      Number)</font></div>
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Union Street, Suite 4500</font></div>
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WA 98121</font></div>
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of principal executive offices)</font></div>
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telephone number, including area code: (<font style="DISPLAY: inline; FONT-WEIGHT: bold">206) 838-9715</font></font></div>
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Inc.</font></div>
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name)</font></font></div>
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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:</font></div>
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)</font></div>
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)</font></div>
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))</font></div>
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))</font></div>
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br><br>&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">FORM
8-K</font></div>
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
5 &#8211; Corporate Governance and Management Registrant&#8217;s Business and
Operations</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.</font></div>
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On March
6, 2008, GeoBio Energy, Inc. (the &#8220;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Company</font>&#8221;), Board of
Directors approved Kenneth Bennett&#8217;s employment agreement making him the new
Chief Executive Officer of the Company.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Senator
Ken Bennett, 49, has more than twenty years of experience in the fuel
distribution industry including expertise and experience in management,
marketing, finance, and government affairs. Mr. Bennett is currently the CEO of
GeoAlgae, Inc. which GeoBio intends to acquire prior to the close of March
2008.&#160;&#160;From 1984-2006 Mr. Bennett served as CEO of third-generation
fuel distribution company, Bennett Oil.&#160;&#160;Additionally, during his
eight years as an Arizona State Senator, he served as Senate President from
2003-2007.&#160;&#160;Mr. Bennett earned a Bachelor of Science on a President&#8217;s
Scholarship award from Arizona State University in 1984.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mr.
Bennett, as CEO of the Company, shall continue for thirty-six (36) months,
subject to automatic renewal for successive twelve (12) month periods, and shall
continue until the earlier of (i) his resignation upon 30 days notice, (ii) his
termination by the Company upon 30 days notice, (iii) his death or disability,
or (iv) failure of the Company&#8217;s acquisition of GeoAlgae, Inc. to
close.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
to the terms of the employment agreement, Mr. Bennett will receive compensation
at the annual rate of One hundred thousand Dollars ($100,000.00) for his first
year of employment; One hundred twenty-five thousand Dollars ($125,000.00) for
his second year of employment; and One hundred seventy-five thousand Dollars
($175,000.00) for his third year of employment payable on a semi-monthly basis,
which shall accrue upon the Closing of Better Biodiesel, Inc.&#8217;s acquisition of
GeoAlgae Technology, Inc., but only become payable to the extent that cash
payments do not exceed 10% of any sums received pursuant to the closing of a
financing and/or revenues generated through operations of the Company, up the
extent of the aforementioned year one, year two and year three salary limits,
unless the Board determines that funds for cash payments of greater than 10% of
revenues are available.</font></div>
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extent that any information called for in Item 404(a) of Regulation S-B is
unavailable, the Company will provide such information in an amendment to this
Form 8-K within four (4) days from when this information becomes
available.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
9 - Financial Statements and Exhibits</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 45pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item 9.01
Financial Statements and Exhibits</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 72pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt">Exhibits.</font></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>On
March 5, 2008, the Company issued the press release attached hereto as Exhibit
99.9.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 72pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 62pt"></font>(See Exhibit Index)</font></div>
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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></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dated:&#160;&#160;March
11, 2008</font></div>
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      ENERGY, INC.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="36%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="33%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td align="left" valign="top" width="36%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By:</font></div>
            </td>
            <td align="left" valign="top" width="33%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">/s/
      Ken Bennett</font></div>
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      </font></td>
            <td align="left" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="33%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Ken
      Bennett</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Chief
      Executive Officer</font></div>
            </td>
          </tr>
      </table>
    </div>
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EXHIBIT
INDEX</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibit&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Description</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Number</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.17&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Employment
Services Agreement with Kenneth Bennett dated March 6, 2008.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">99.9&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Press
Release dated March 5, 2008</font></div><br><br></body>
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form8-k.htm
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
March
6, 2008
Date
of Report (date of earliest event reported):
GEOBIO
ENERGY, INC.
(Exact
name of registrant as specified in its charter)
Colorado
333-67174
84-1153946
(State
      or other jurisdiction
of
      incorporation)
(Commission
      File Number)
(IRS
      Employer
I.D.
      Number)
601
Union Street, Suite 4500
Seattle,
WA 98121
(Address
of principal executive offices)
Registrant's
telephone number, including area code: (
206) 838-9715
Better BioDiesel,
Inc.
(Former
name)
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:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
FORM
8-K
Section
5 – Corporate Governance and Management Registrant's Business and
Operations
Item
5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On March
6, 2008, GeoBio Energy, Inc. (the "
Company
"), Board of
Directors approved Kenneth Bennett's employment agreement making him the new
Chief Executive Officer of the Company.
Senator
Ken Bennett, 49, has more than twenty years of experience in the fuel
distribution industry including expertise and experience in management,
marketing, finance, and government affairs. Mr. Bennett is currently the CEO of
GeoAlgae, Inc. which GeoBio intends to acquire prior to the close of March
2008.  From 1984-2006 Mr. Bennett served as CEO of third-generation
fuel distribution company, Bennett Oil.  Additionally, during his
eight years as an Arizona State Senator, he served as Senate President from
2003-2007.  Mr. Bennett earned a Bachelor of Science on a President's
Scholarship award from Arizona State University in 1984.
Mr.
Bennett, as CEO of the Company, shall continue for thirty-six (36) months,
subject to automatic renewal for successive twelve (12) month periods, and shall
continue until the earlier of (i) his resignation upon 30 days notice, (ii) his
termination by the Company upon 30 days notice, (iii) his death or disability,
or (iv) failure of the Company's acquisition of GeoAlgae, Inc. to
close.
Pursuant
to the terms of the employment agreement, Mr. Bennett will receive compensation
at the annual rate of One hundred thousand Dollars ($100,000.00) for his first
year of employment; One hundred twenty-five thousand Dollars ($125,000.00) for
his second year of employment; and One hundred seventy-five thousand Dollars
($175,000.00) for his third year of employment payable on a semi-monthly basis,
which shall accrue upon the Closing of Better Biodiesel, Inc.'s acquisition of
GeoAlgae Technology, Inc., but only become payable to the extent that cash
payments do not exceed 10% of any sums received pursuant to the closing of a
financing and/or revenues generated through operations of the Company, up the
extent of the aforementioned year one, year two and year three salary limits,
unless the Board determines that funds for cash payments of greater than 10% of
revenues are available.
To the
extent that any information called for in Item 404(a) of Regulation S-B is
unavailable, the Company will provide such information in an amendment to this
Form 8-K within four (4) days from when this information becomes
available.
Section
9 - Financial Statements and Exhibits
Item 9.01
Financial Statements and Exhibits
(d)
Exhibits.
On
March 5, 2008, the Company issued the press release attached hereto as Exhibit
99.9.
(See Exhibit Index)
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
11, 2008
GEOBIO
      ENERGY, INC.
By:
/s/
      Ken Bennett
Ken
      Bennett
Chief
      Executive Officer
EXHIBIT
INDEX
Exhibit                                Description
Number
10.17                    Employment
Services Agreement with Kenneth Bennett dated March 6, 2008.
99.9                      Press
Release dated March 5, 2008