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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>UNITED
      STATES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
      AND EXCHANGE COMMISSION</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Washington,
      D.C. 20549</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>FORM
      8-K</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CURRENT
      REPORT</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Pursuant
      to Section 13 OR 15(d) of the Securities Exchange Act of
      1934</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
      of
      Report (Date of earliest event reported):</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>&#160;&#160;&#160;&#160;
      &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; August 11,
      2006&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</u></font></div>
    <div align="left"><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>GL
      ENERGY AND EXPLORATION, INC. </strong></font>
      <div>
        <hr style="COLOR: black" align="center" noshade size="1" width="50%">
      </div>
    </div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
      name of registrant as specified in its charter)</font></div>
    <div align="center"><br></div>
    <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><br></font>
      <div align="left">
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td align="justify" valign="top" width="25%" style="border-bottom: medium none;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Delaware
                  </u></font></div>
              </td>
              <td align="justify" valign="top" width="25%" style="border-bottom: medium none;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>000-31032</u></font></div>
              </td>
              <td align="justify" valign="top" width="25%" style="border-bottom: medium none;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>52-2190362</u></font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
                  or other jurisdiction </font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Commission</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(IRS
                  Employer</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                  incorporation)</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">File
                  Number)</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Identification
                  No.)</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div align="justify">&#160;</div>
    <div align="left"><br>
      <div align="left">
        <table border="0" cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td align="left" valign="top" width="30%" style="border-bottom: medium none;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>8721
                  Sunset Blvd., Penthouse 7 Hollywood, California </u></font></div>
              </td>
              <td align="left" valign="top" width="37%" style="border-bottom: medium none;">
                <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>90069</u></font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="30%">
                <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
                  of principal executive offices)</font></div>
              </td>
              <td align="left" valign="top" width="37%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Zip
                  Code)</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div align="left">&#160;</div>
    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registrant&#8217;s
      telephone number, including area code: </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>(310)
      659-8770</u></font></div>
    <div align="left"><br></div>
    <div align="left"><br></div>
    <div align="left"><br></div>
    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Former
      name or former address, if changed since last report.)</font></div>
    <div align="left"><br></div>
    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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):</font></div>
    <div align="left"><br></div>
    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[_]
      Written communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font></div>
    <div align="left"><br></div>
    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[_]
      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font></div>
    <div align="left"><br></div>
    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[_]
      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
      Act
      (17 CFR 240.14d-2(b))</font></div>
    <div align="left"><br></div>
    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[_]
      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
      Act
      (17 CFR 240.13e-4(c))</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br>&#160;</div>
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        </div>
      </div>
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        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Section
      4 - Matters Related to Accountants and Financial
      Statements</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      4.01 Changes in Registrant&#8217;s Certifying Accountant.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      August
      11, 2006, we dismissed Malone &amp; Bailey PC as our independent accountants,
      and we engaged KBL, LLP as our independent accountants. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      reports of Malone &amp; Bailey PC on the financial statements of GL Energy &amp;
Exploration, Inc. for the fiscal years ended December 31, 2005 and 2004 did
      not
      contain an adverse opinion or a disclaimer of opinion, nor were such reports
      qualified or modified as to uncertainty, audit scope or accounting principles,
      except that the accountant&#8217;s reports of Malone &amp; Bailey PC on our financial
      statements for the fiscal years ended December 31, 2005 and 2004 stated that
      we
      had recurring losses from operation and a working capital deficiency which
      raised raised substantial doubt about our ability to continue as a going
      concern.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      d</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ecision
      to change accountants from Malone &amp; Bailey PC to KBL, LLP was approved by
      our board of directors. KBL, LLP was American&#8217;s auditor prior to its acquisition
      by GL Energy pursuant to the Exchange Agreement on March 13, 2006 and KBL,
      LLP
      audited American&#8217;s financial statements for the year ended April 30, 2005 which
      were included in GL Energy&#8217;s current report on Form 8K filed with the Commission
      on March 14, 2006.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">During
      our fiscal years ended December 31, 2004 and 2005 and April 30, 2006 (after
      our
      change in fiscal year) and the subsequent interim period through August 11,
      2006, the date of the dismissal of Malone &amp; Bailey PC, we did not have any
      disagreement with Malone &amp; Bailey PC on any matter of accounting principles
      or practices, financial statement disclosure, or auditing scope or procedure,
      except as follows:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Malone
      &amp; Bailey PC expressed concern with the accounting principles applied to the
      valuation of intangible assets acquired by American Southwest Music in exchange
      for shares of its own common stock issued to a control person, or an entity
      owned by that control person. Malone and Bailey PC refers to Staff Accounting
      Bulletin SAB.T.5G. &#8220;Transfers of Non-monetary Assets by promoters or
      Shareholders&#8221; which indicates that the transfer of assets to a company by its
      promoters or shareholders in exchange for stock prior to or at the time of
      the
      company&#8217;s initial public offering should normally be recorded at the
      transferor&#8217;s cost basis determined under GAAP. Malone &amp; Bailey stated their
      opinion that the intangible assets were recorded at an estimated fair value
      which does not represent the transferor&#8217;s cost and that the audited financial
      statements as of and for the year ended April 30, 2005 included in GL Energy&#8217;s
      Current Report on Form 8-K dated March 10, 2006 to announce the merger of the
      two companies (GL Energy and American) are misleading and need to be restated.
      </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">KBL,
      LLP
      previously audited American&#8217;s financial statements for the period ended April
      30, 2005, which period encompassed the transaction which Malone &amp; Bailey
      expressed concern above. The intangible assets discussed above by Malone &amp;
Bailey were recorded at the transferor&#8217;s cost basis that was reflected on the
      transferor&#8217;s internal financial statements and corporate income tax returns.
      Accordingly, KBL had previously determined the valuation of intangibles as
      accurate per their previous audit and applied the Staff&#8217;s Guidance under SABT 5G
      in applying the transferors cost basis as discussed above. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Other
      than the matters discussed above, there have been no &#8220;reportable events&#8221; as set
      forth in Item 304(a)(1)(i-v) of Regulation S-B adopted by the Securities and
      Exchange Commission</font></div>
    <div>&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
      engaged KBL, LLP on August 11, 2006. As stated above, KBL, LLP previously
      audited American&#8217;s financial statements for the period ended April 30, 2005,
      Since the transaction pursuant to which GL Energy acquired American has been
      accounted for as a reverse acquisition with American being treated as the
      acquirer for accounting purposes, our management and our board determined it
      appropriate to engage American&#8217;s accountants as our independent auditor. This
      engagement was approved by our board of directors. While we did not specifically
      consult KBL, LLP regarding any of the matters specified in Item 304(a)(2) of
      Regulation S-B, KBL LLP has previously audited the valuation of the intangible
      assets acquired by American Southwest Music Distribution and agreed with
      American&#8217;s valuation contained in their audited statements for the period ended
      April 30, 2005.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BACKGROUND-COLOR: #ffffff">
      disagree with Malone &amp; Bailey&#8217;s assessment that the assets were estimated at
      fair value. We contend that American used the &#8220;Transferor&#8217;s Cost Basis&#8221; to
      determine the value for the subject intangible assets. We discussed this matter
      with our Board and with American&#8217;s auditor. This matter was fully discussed in
      connection with American&#8217;s audit for the period ended April 30, 2005.
      Accordingly, management does not believe that any statements contained in
      American&#8217;s audit for the period ended April 30, 2005 (and contained herein) were
      misleasding nor do we believe they need to be restated. In addition, we are
      continuing discussions with Malone &amp; Bailey and have agreed to provide them
      with additional information which we believe will alleviate concerns. We hope
      to
      resolve this disagreement in the near future in which case an amendment to
      this
      Current Report on 8-K will be filed disclosing the same.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
      have
      provided Malone &amp; Bailey PC with a copy of this disclosure prior to its
      filing with the Commission. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -54pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -54pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Section
      9 - Financial Statements and Exhibits</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -54pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -54pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      9.01 Financial Statements and Exhibits.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -54pt" align="left"><br></div>
    <div align="left">
      <table border="0" cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="5%">&#160;</td>
            <td align="left" valign="top" width="15%">&#160;</td>
            <td align="left" valign="top" width="40%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="5%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -54pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)</font></div>
            </td>
            <td align="left" valign="top" width="15%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -54pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Exhibits.</u></font></div>
            </td>
            <td align="left" valign="top" width="40%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="5%">&#160;</td>
            <td align="left" valign="top" width="15%">&#160;</td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -54pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Description</u></font></div>
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                amendment)</font></div>
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      has
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      be
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              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: "><strong>GL
                ENERGY
                AND EXPLORATION</strong></font></div>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">(Registrant)</font></div>
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            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">Date:&#160;August
              16, 2006</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">By:&#160;&#160;</font></td>
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              Michery, President and Chief Executive
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Unassociated 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 11,
      2006
GL
      ENERGY AND EXPLORATION, INC.
(Exact
      name of registrant as specified in its charter)
Delaware
000-31032
52-2190362
(State
                  or other jurisdiction
(Commission
(IRS
                  Employer
of
                  incorporation)
File
                  Number)
Identification
                  No.)
8721
                  Sunset Blvd., Penthouse 7 Hollywood, California
90069
(Address
                  of principal executive offices)
(Zip
                  Code)
Registrant's
      telephone number, including area code:
(310)
      659-8770
(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-4(c))
Section
      4 - Matters Related to Accountants and Financial
      Statements
Item
      4.01 Changes in Registrant's Certifying Accountant.
On
      August
      11, 2006, we dismissed Malone & Bailey PC as our independent accountants,
      and we engaged KBL, LLP as our independent accountants.
The
      reports of Malone & Bailey PC on the financial statements of GL Energy &
Exploration, Inc. for the fiscal years ended December 31, 2005 and 2004 did
      not
      contain an adverse opinion or a disclaimer of opinion, nor were such reports
      qualified or modified as to uncertainty, audit scope or accounting principles,
      except that the accountant's reports of Malone & Bailey PC on our financial
      statements for the fiscal years ended December 31, 2005 and 2004 stated that
      we
      had recurring losses from operation and a working capital deficiency which
      raised raised substantial doubt about our ability to continue as a going
      concern.
The
      d
ecision
      to change accountants from Malone & Bailey PC to KBL, LLP was approved by
      our board of directors. KBL, LLP was American's auditor prior to its acquisition
      by GL Energy pursuant to the Exchange Agreement on March 13, 2006 and KBL,
      LLP
      audited American's financial statements for the year ended April 30, 2005 which
      were included in GL Energy's current report on Form 8K filed with the Commission
      on March 14, 2006.
During
      our fiscal years ended December 31, 2004 and 2005 and April 30, 2006 (after
      our
      change in fiscal year) and the subsequent interim period through August 11,
      2006, the date of the dismissal of Malone & Bailey PC, we did not have any
      disagreement with Malone & Bailey PC on any matter of accounting principles
      or practices, financial statement disclosure, or auditing scope or procedure,
      except as follows:
Malone
      & Bailey PC expressed concern with the accounting principles applied to the
      valuation of intangible assets acquired by American Southwest Music in exchange
      for shares of its own common stock issued to a control person, or an entity
      owned by that control person. Malone and Bailey PC refers to Staff Accounting
      Bulletin SAB.T.5G. "Transfers of Non-monetary Assets by promoters or
      Shareholders" which indicates that the transfer of assets to a company by its
      promoters or shareholders in exchange for stock prior to or at the time of
      the
      company's initial public offering should normally be recorded at the
      transferor's cost basis determined under GAAP. Malone & Bailey stated their
      opinion that the intangible assets were recorded at an estimated fair value
      which does not represent the transferor's cost and that the audited financial
      statements as of and for the year ended April 30, 2005 included in GL Energy's
      Current Report on Form 8-K dated March 10, 2006 to announce the merger of the
      two companies (GL Energy and American) are misleading and need to be restated.
KBL,
      LLP
      previously audited American's financial statements for the period ended April
      30, 2005, which period encompassed the transaction which Malone & Bailey
      expressed concern above. The intangible assets discussed above by Malone &
Bailey were recorded at the transferor's cost basis that was reflected on the
      transferor's internal financial statements and corporate income tax returns.
      Accordingly, KBL had previously determined the valuation of intangibles as
      accurate per their previous audit and applied the Staff's Guidance under SABT 5G
      in applying the transferors cost basis as discussed above.
Other
      than the matters discussed above, there have been no "reportable events" as set
      forth in Item 304(a)(1)(i-v) of Regulation S-B adopted by the Securities and
      Exchange Commission
We
      engaged KBL, LLP on August 11, 2006. As stated above, KBL, LLP previously
      audited American's financial statements for the period ended April 30, 2005,
      Since the transaction pursuant to which GL Energy acquired American has been
      accounted for as a reverse acquisition with American being treated as the
      acquirer for accounting purposes, our management and our board determined it
      appropriate to engage American's accountants as our independent auditor. This
      engagement was approved by our board of directors. While we did not specifically
      consult KBL, LLP regarding any of the matters specified in Item 304(a)(2) of
      Regulation S-B, KBL LLP has previously audited the valuation of the intangible
      assets acquired by American Southwest Music Distribution and agreed with
      American's valuation contained in their audited statements for the period ended
      April 30, 2005.
2
We
disagree with Malone & Bailey's assessment that the assets were estimated at
      fair value. We contend that American used the "Transferor's Cost Basis" to
      determine the value for the subject intangible assets. We discussed this matter
      with our Board and with American's auditor. This matter was fully discussed in
      connection with American's audit for the period ended April 30, 2005.
      Accordingly, management does not believe that any statements contained in
      American's audit for the period ended April 30, 2005 (and contained herein) were
      misleasding nor do we believe they need to be restated. In addition, we are
      continuing discussions with Malone & Bailey and have agreed to provide them
      with additional information which we believe will alleviate concerns. We hope
      to
      resolve this disagreement in the near future in which case an amendment to
      this
      Current Report on 8-K will be filed disclosing the same.
We
      have
      provided Malone & Bailey PC with a copy of this disclosure prior to its
      filing with the Commission.
Section
      9 - Financial Statements and Exhibits
Item
      9.01 Financial Statements and Exhibits.
(c)
Exhibits.
Exhibit
                No.
Description
16.1
Letter
                on Change in Certifying Accountant (to be filed by
                amendment)
3
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.
GL
                ENERGY
                AND EXPLORATION
(Registrant)
Date: August
              16, 2006
By:
/s/ David Michery
David
              Michery, President and Chief Executive
              Officer
4