Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ROLL ENERGY INVESTMENTS LLC
   2. Issuer Name and Ticker or Trading Symbol
Global Clean Energy Holdings, Inc. [GCEH.OB] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
11444 WEST OLYMPIC BLVD., 10TH FLOOR		 3. Date of Earliest Transaction (Month/Day/Year)
05/04/2011
(Street)

LOS ANGELES, CA 90064		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/04/2011   C   5,500,000 A $ 0.02 36,599,500 D  
Common Stock 05/31/2011   X   945,000 A $ 0.03 37,544,500 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option $ 0.02 05/04/2011   C     5,500,000 (1) 04/03/2011 07/02/2011 Common Stock 5,500,000 $ 0 0 D  
Option $ 0.03 05/31/2011   X     945,000 (2) 03/17/2010 03/16/2013 Common Stock 945,000 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ROLL ENERGY INVESTMENTS LLC
11444 WEST OLYMPIC BLVD.
10TH FLOOR
LOS ANGELES, CA 90064		     X    

Signatures

 /s/ Stewart A. Resnick, Manager, Roll Energy Investments LLC   06/30/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On March 31, 2010, Roll Energy Investments LLC ("Roll") entered into an Option Agreement (the "Option") with Richard Palmer ("Palmer") which entitled Roll to purchase up to 5,500,000 shares of the Issuer's common stock owned by Palmer at a price equal to $0.02 per share. The Option was exercisable in whole or in part at any time during the 90-day period commencing on April 3, 2011. Roll exercised this Option on May 4, 2011.
(2) On March 17, 2010, the Issuer issued to Roll a warrant (the "Warrant"), exercisable immediately, which entitled Roll to purchase up to 945,000 shares of the Issuer's common stock at a price equal to $0.03 per share at any time prior to March 16, 2013. Roll exercised this Warrant on May 31, 2011.

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