**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**FORM      10-QSB**

| x | QUARTERLY                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE OF                1934 |
|---|-------------------------------------------------------------------------------------------------------------|

| o | TRANSITION                REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE                ACT |
|---|-----------------------------------------------------------------------------------------------|

| **GLOBALOPTIONS                GROUP, INC**                                                     |
|-------------------------------------------------------------------------------------------------|
| (Name                of Small Business Issuer in Its Charter)                                   |
|  Nevada                                                                                    |   |  73-1703260 |
| (State                or Other Jurisdiction of Incorporation or Organization)                   |   | (I.R.S.                Employer Identification No.) |
|                                                                                            |   |   |
| 75                Rockefeller Plaza, 27th                FloorNew                York, New York |   | 10019 |
| (Address                of Principal Executive Offices)                                         |   | (Zip                Code) |

----

| **GLOBALOPTIONS                GROUP, INC. AND SUBSIDIARIES**           |
|-------------------------------------------------------------------------|
| **Form                10-QSB**                                          |
| **June                30, 2005**                                        |
| **Index                to Unaudited Consolidated Financial Statements** |
|                                                                    |   |   |   |   |   |   |   |   |
| **PART                I - FINANCIAL INFORMATION**                       |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    | ITEM                1. CONSOLIDATED FINANCIAL STATEMENTS |   |
|                                                                    |  | (unaudited) |   |   |   |   |   | **Page(s)** |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    |   | Consolidated                Balance Sheet as of June 30, 2005 | P.                1 |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    |   | Consolidated                Statements of Operations for                the Three and Six Months Ended June                30, 2005 and 2004 | P.                2 |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    |   | Consolidated                Statements of Stockholders' Equity                for the Six Months Ended June                30, 2005 and 2004 | P.                3 |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    |   | Consolidated                Statements of Cash Flows for the Six                Months Ended June                30, 2005 and 2004 | P.                5 |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    |   | Notes                to Consolidated Financial Statements | P.                7 |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    | ITEM                2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN                OF OPERATION | P.                28 |
|                                                                    |  |  |
|                                                                    | ITEM                3. CONTROLS AND PROCEDURES | P.                37 |
|                                                                    |   |   |   |   |   |   |   |   |
| **PART                II - OTHER INFORMATION**                          |   |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    | ITEM                1. LEGAL PROCEEDINGS | P.                38 |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    | ITEM                2. UNREGISTERED SALES OF EQUITY SECURITIES AND                USE OF PROCEEDS | P.                38 |
|                                                                    |   |   |   |   |   |   |   |  |
|                                                                    | ITEM                3. DEFAULTS UPON SENIOR SECURITIES | P.                38 |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    | ITEM                4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS | P.                38 |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    | ITEM                5. OTHER INFORMATION | P.                38 |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    | ITEM                6. EXHIBITS AND REPORTS ON FORM 8-K | P.                39 |
|                                                                    |   |   |   |   |   |   |   |   |
| SIGNATURES                                                              |   |   |   |   |   |   |   | P.                40 |
|                                                                    |   |   |   |   |   |   |   |   |
|                                                                    | EXHIBITS                31.1 and 31.2 |   |
|                                                                    |   |   |
|                                                                    | EXHIBITS                32.1 and 32.2 |   |

----

| Part                  I Financial Information                   |
|-----------------------------------------------------------------|
| Item                  1. FINANCIAL STATEMENTS                   |
|                                                            |
| **GLOBALOPTIONS                  GROUP, INC. AND SUBSIDIARIES** |
|                                                            |   |   |   |   |   |   |
| **Consolidated                  Balance Sheet**                 |
|  **June                  30, 2005**                        |
| **(Unaudited)**                                                 |

| **ASSETS**                                                                                                                                                                                                                                                                |   |   |       |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------|
|                                                                                                                                                                                                                                                                      |   |   |       |
| Current                    assets:                                                                                                                                                                                                                                        |   |   |       |
|                                                                                                                                                                                                                                                                      |   |   |       |
| Cash                                                                                                                                                                                                                                                                 |   | $      | 6,790,161  |   |
| Accounts                    receivable, net of allowance for doubtful  accounts                    of $188,802                                                                                                                                                  |   |   | 594,154    |   |
| Prepaid                    expenses and other current assets                                                                                                                                                                                                         |   |   | 17,602     |   |
| Total                    current assets                                                                                                                                                                                                                                   |   |   | 7,401,917  |   |
|                                                                                                                                                                                                                                                                      |   |   |       |   |
| Property                    and equipment, net                                                                                                                                                                                                                            |   |   | 86,382     |   |
|                                                                                                                                                                                                                                                                      |   |   |       |   |
| Security                    deposit                                                                                                                                                                                                                                       |   |   | 37,931     |   |
| Total                    assets                                                                                                                                                                                                                                           |   | $      | 7,526,230  |   |
|                                                                                                                                                                                                                                                                      |   |   |       |   |
| **LIABILITIES                    AND STOCKHOLDERS' EQUITY**                                                                                                                                                                                                               |   |   |       |   |
|                                                                                                                                                                                                                                                                      |   |   |       |   |
| Current                    liabilities:                                                                                                                                                                                                                                   |   |   |       |   |
|                                                                                                                                                                                                                                                                      |   |   |       |   |
| Line                    of credit                                                                                                                                                                                                                                    |   | $      | 317,153    |   |
| Accounts                    payable                                                                                                                                                                                                                                  |   |   | 371,708    |   |
| Accrued                    compensation and related benefits                                                                                                                                                                                                         |   |   | 207,736    |   |
| Other                    current liabilities                                                                                                                                                                                                                         |   |   | 301,307    |   |
|                                                                                                                                                                                                                                                                      |   |   |       |   |
| Total                    current liabilities                                                                                                                                                                                                                              |   |   | 1,197,904  |   |
|                                                                                                                                                                                                                                                                      |   |   |       |   |
| Stockholders'                    equity:                                                                                                                                                                                                                                  |   |   |       |   |
| Preferred                    stock, $0.001 par value, 14,984,000                    shares authorized, no shares issued                    or outstanding                                                                                                            |   |   | --         |   |
| Series                      A                      convertible preferred stock, voting, $0.001 par value,                      16,000 shares authorized, 7,500 shares issued and outstanding,                      liquidation                      preference $7,500,000 |   |   | 8          |   |
| Common                      stock, $.001 par value; 85,000,000 shares authorized; 14,433,266                      shares issued and outstanding                                                                                                                           |   |   | 14,433     |   |
|                                                                                                                                                                                                                                                                      |   |   |       |   |
| Additional                    paid-in capital                                                                                                                                                                                                                        |   |   | 11,142,104 |   |
|                                                                                                                                                                                                                                                                      |   |   |       |   |
| Deferred                    consulting fees                                                                                                                                                                                                                          |   |   | (52,059    | ) |
|                                                                                                                                                                                                                                                                      |   |   |       |   |
| Accumulated                    deficit                                                                                                                                                                                                                               |   |   | (4,776,160 | ) |
| Total                    stockholders' equity                                                                                                                                                                                                                             |   |   | 6,328,326  |   |
| Total                    liabilities and stockholders' equity                                                                                                                                                                                                             |   | $      | 7,526,230  |   |
|                                                                                                                                                                                                                                                                      |   |   |       |   |

----

| **GLOBALOPTIONS                    GROUP, INC. AND SUBSIDIARIES** |
|-------------------------------------------------------------------|
| **(Unaudited)**                                                   |
|                                                              |   |   |   |   |   |   |   |   |   |   |
| **Consolidated                    Statements of Operations**      |

|                                                                                                                                                                                                         |   | For                        the Three Months Ended |       | For                        the Six Months Ended, |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------|------------|--------------------------------------------------|--------|
|                                                                                                                                                                                                         |   | June                        30,                   |       | June                        30,                  |   |
|                                                                                                                                                                                                         |   | 2005                                              |       | 2004                                             |   | 2005 |   | 2004 |   |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |
| Revenues                                                                                                                                                                                                     |   | $                                                 | 1,196,567  |                                             | $      | 1,207,815 |   | $ | 2,252,575 |   | $ | 2,644,026 |   |
| Cost                        of revenues                                                                                                                                                                      |   |                                              | 594,990    |                                             |   | 738,958 |   |   | 1,088,645 |   |   | 1,572,109 |   |
| Gross                        profit                                                                                                                                                                          |   |                                              | 601,577    |                                             |   | 468,857 |   |   | 1,163,930 |   |   | 1,071,917 |   |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Operating                        expenses:                                                                                                                                                                   |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Selling                        and marketing, including                                                                                                                                                      |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| compensatory                        element of stock                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| issuances                        of $15,500, $18,500,                                                                                                                                                        |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| $38,500                        and $8,500, respectively                                                                                                                                                      |   |                                              | 144,760    |                                             |   | 164,170 |   |   | 286,260 |   |   | 313,569 |   |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| General                        and administrative,                        including compensatory                        element of stock issuances of $337,850, $ -- $377,850 and                        $-- |   |                                              | 1,542,104  |                                             |   | 498,041 |   |   | 2,346,474 |   |   | 1,010,841 |   |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Total                        operating expenses                                                                                                                                                              |   |                                              | 1,686,864  |                                             |   | 662,211 |   |   | 2,632,734 |   |   | 1,324,410 |   |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Loss                        from operations                                                                                                                                                                  |   |                                              | (1,085,287 | )                                                |   | (193,354 | ) |   | (1,468,804 | ) |   | (252,493 | ) |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Other                        income (expense):                                                                                                                                                               |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Interest                        income                                                                                                                                                                       |   |                                              | --         |                                             |   | -- |   |   | 875 |   |   | 196 |   |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Interest                        expense                                                                                                                                                                      |   |                                              | (24,293    | )                                                |   | (4,378 | ) |   | (63,004 | ) |   | (23,139 | ) |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Other                        income (expense), net                                                                                                                                                           |   |                                              | (24,293    | )                                                |   | (4,378 | ) |   | (62,129 | ) |   | (22,943 | ) |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Net                        loss                                                                                                                                                                              |   |                                              | (1,109,580 | )                                                |   | (197,732 | ) |   | (1,530,933 | ) |   | (275,436 | ) |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Deemed                        dividend to convertible preferred                                                                                                                                              |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| stockholders                                                                                                                                                                                                 |   |                                              | (832,500   | )                                                |   | -- |   |   | (832,500 | ) |   | -- |   |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Net                        loss applicable to common stockholders                                                                                                                                            |   | $                                                 | (1,942,080 | )                                                | $      | (197,732 | ) | $ | (2,363,433 | ) | $ | (275,436 | ) |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Basic                        and diluted net loss per share                                                                                                                                                  |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| applicable                        to common                                                                                                                                                                  |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| stockholders                                                                                                                                                                                                 |   | $                                                 | (0.20      | )                                                | $      | (0.02 | ) | $ | (0.25 | ) | $ | (0.03 | ) |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| Weighted                        average number of                                                                                                                                                            |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| common                        shares outstanding -                                                                                                                                                           |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |
| basic                        and diluted                                                                                                                                                                     |   |                                              | 9,723,783  |                                             |   | 8,223,344 |   |   | 9,528,638 |   |   | 8,220,851 |   |
|                                                                                                                                                                                                         |   |                                              |       |                                             |   |   |   |   |   |   |   |   |   |

----

| **GLOBALOPTIONS                        GROUP, INC. AND SUBSIDIARIES**                                       |
|-------------------------------------------------------------------------------------------------------------|
|                                                                                                        |
| **Consolidated                        Statements of Stockholders' Equity**                                  |
| **For                        the six months ended **June                        30, 2004******(Unaudited)** |

|                                                       |   | **Global****Options,**                    |         | **Global****Options**                                                               |   | **GlobalOptions,Inc.**                                           |   | **Global****Options,                          Inc.****Series                        A-1** |   | **Global****Options,                        Inc.**                             |   | **Global**Options******Group,                        Inc.****Series                        A** |   |                                                        |      |            |   |                       |   | **Total**          |      |
|------------------------------------------------------------|--------|-------------------------------------------|--------------|-------------------------------------------------------------------------------------|--------|------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------|-----------|-----------------|--------|----------------------------|--------|--------------------|-----------|
|                                                       |   | Inc.Common                          stock |         | **Group,                        Inc.****Common                        stock**  |   | **Series                            A Convertible****preferred** |   | **Convertible** **preferred****stock**                                     |   | **Series                          A-2****preferred                          stock** |   | **Convertible ****preferred                        stock**                                |   |  **Additional                          paid -in** |      | **Accumulated** |   | **Deferred****consulting** |   | **stock-holders'** |      |
|                                                       |   | **Shares**                                |         | **Amount**                                                                          |   | **Shares**                                                       |   | **Amount**                                                                                |   | **Shares**                                                                          |   | **Amount**                                                                                     |   | **Shares**                                             |      | **Amount**      |   | **Shares**                 |   | **Amount**         |      | **Shares** |   | **Amount** |   |  **capital** |   | **deficit** |   | **fees** |   |  **deficiency** |   |
|                                                            |   |                                      |         |                                                                                |   |                                                             |   |                                                                                      |   |                                                                                |   |                                                                                           |   |                                                   |      |            |   |                       |   |               |      |   |   |   |   |    |   |   |   |   |   |    |   |
| Balance,                        January 1, 2004            |   |                                      | 4,650,000.00 |                                                                                | $      | 46,500                                                           |   |                                                                                      | --     |                                                                                | $      | --                                                                                             |   |                                                   | 5,500,000 |            | $      | 55,000                     |   |               | 3,821,114 |   | $ | 38,211 |   |   | -- |   | $ | -- |   |   | -- |   | $ | -- |   | $ | 1,730,288 |   | $ | (1,848,234 | ) |   | -- |   | $ | 21,765 |   |
| Issuance                        of GlobalOptions, Inc.     |   |                                      |         |                                                                                |   |                                                             |   |                                                                                      |   |                                                                                |   |                                                                                           |   |                                                   |      |            |   |                       |   |               |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Series                        A-1 convertible preferred    |   |                                      |         |                                                                                |   |                                                             |   |                                                                                      |   |                                                                                |   |                                                                                           |   |                                                   |      |            |   |                       |   |               |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| stock                        for services                  |   |                                      | --           |                                                                                |   | --                                                               |   |                                                                                      | --     |                                                                                |   | --                                                                                             |   |                                                   | --        |            |   | --                         |   |               | 8,570     |   |   | 86 |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | 2,914 |   |   | -- |   |   | -- |   |   | 3,000 |   |
| Issuance                        of GlobalOptions, Inc.,    |   |                                      |         |                                                                                |   |                                                             |   |                                                                                      |   |                                                                                |   |                                                                                           |   |                                                   |      |            |   |                       |   |               |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| stock                        options for services          |   |                                      | --           |                                                                                |   | --                                                               |   |                                                                                      | --     |                                                                                |   | --                                                                                             |   |                                                   | --        |            |   | --                         |   |               | --        |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | 5,500 |   |   | -- |   |   | -- |   |   | 5,500 |   |
| Accrued                        dividends on GlobalOptions, |   |                                      |         |                                                                                |   |                                                             |   |                                                                                      |   |                                                                                |   |                                                                                           |   |                                                   |      |            |   |                       |   |               |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Inc.,                        convertible preferred stock   |   |                                      | --           |                                                                                |   | --                                                               |   |                                                                                      | --     |                                                                                |   | --                                                                                             |   |                                                   | --        |            |   | --                         |   |               | --        |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | (223,570 | ) |   | -- |   |   | -- |   |   | (223,570 | ) |
| Net                        loss                            |   |                                      | --           |                                                                                |   | --                                                               |   |                                                                                      | --     |                                                                                |   | --                                                                                             |   |                                                   | --        |            |   | --                         |   |               | --        |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | (275,436 | ) |   | -- |   |   | (275,436 | ) |
| Balance,                        June 30, 2004              |   |                                      | 4,650,000    |                                                                                | $      | 46,500                                                           |   |                                                                                      | --     |                                                                                | $      | --                                                                                             |   |                                                   | 5,500,000 |            | $      | 55,000                     |   |               | 3,829,684 |   | $ | 38,297 |   |   | -- |   | $ | -- |   |   | -- |   | $ | -- |   | $ | 1,515,132 |   | $ | (2,123,670 | ) |   | -- |   | $ | (468,741 | ) |
|                                                       |   |                                      |         |                                                                                |   |                                                             |   |                                                                                      |   |                                                                                |   |                                                                                           |   |                                                   |      |            |   |                       |   |               |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| **GLOBALOPTIONS                      GROUP, INC. AND SUBSIDIARIES**      |
|--------------------------------------------------------------------------|
|                                                                     |
| **Consolidated                      Statements of Stockholders' Equity** |
| **For                          the six months ended June 30, 2005**      |
| **(Unaudited)**                                                          |

|                                                       |   | **GlobalOptions,                        Inc.**Common                      stock |       | **GlobalOptions****Group,                      Inc.****Common                      stock** |   | **GlobalOptions,                        Inc.****Series A Convertible                      preferred stock** |   | **GlobalOptions,                      Inc.****Series                      A-1****Convertible                      preferred                      stock** |       | **GlobalOptions,                        Inc.****Series A-2****preferred                      stock** |   | **GlobalOptionsGroup,                        Inc.****Series                        A****Convertible                      preferred stock** |   |       |       |       |   |       |   |       |       |
|------------------------------------------------------------|--------|---------------------------------------------------------------------------------|------------|--------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------|------------|------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------|--------|------------|------------|------------|--------|------------|--------|------------|------------|
|                                                       |   | **Shares**                                                                      |       | **Amount**                                                                                 |   | **Shares**                                                                                                  |   | **Amount**                                                                                                                                               |       | **Shares**                                                                                           |   | **Amount**                                                                                                                                 |   | **Shares** |       | **Amount** |   | **Shares** |   | **Amount** |       | **Shares** |   | **Amount** |   | **Additional****paid-in** **capital** |   | **Accumulated****deficit** |   | **Deferred****consulting                        Fees** |   |   **Total**stockholders'**deficiency** |   |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |    |   |   |   |   |   |    |   |
| Balance,                      January 1, 2005              |   |                                                                            | 4,650,000  |                                                                                       | $      | 46,500                                                                                                      |   |                                                                                                                                                     | --         |                                                                                                 | $      | --                                                                                                                                         |   |       | 5,500,000  |       | $      | 55,000     |   |       | 3,838,254  |   | $ | 38,382 |   |   | 1,875,000 |   | $ | 18,750 |   |   | -- |   | $ | -- |   | $ | 2,084,712 |   | $ | (3,245,227 | ) |   | -- |   | $ | (1,001,883 | ) |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance                      of GlobalOptions, Inc.,      |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| stock                      options for services            |   |                                                                            | --         |                                                                                       |   | --                                                                                                          |   |                                                                                                                                                     | --         |                                                                                                 |   | --                                                                                                                                         |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | 38,500 |   |   | -- |   |   | -- |   |   | 38,500 |   |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Accrued                      dividends on GlobalOptions,   |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Inc.,                      convertible preferred stock     |   |                                                                            | --         |                                                                                       |   | --                                                                                                          |   |                                                                                                                                                     | --         |                                                                                                 |   | --                                                                                                                                         |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | (272,781 | ) |   |   |   |   | -- |   |   | (272,781 | ) |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance                      of GlobalOptions, Inc.,      |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| common                      stock in                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| connection                      with exercise of           |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| warrants                      offset against deferred      |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| consulting                      fees                       |   |                                                                            | 300,000    |                                                                                       |   | 3,000                                                                                                       |   |                                                                                                                                                     | --         |                                                                                                 |   | --                                                                                                                                         |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | 117,000 |   |   | -- |   |   | (52,059 | ) |   | 67,941 |   |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance                      of GlobalOptions, Inc.       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| common                      stock in                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| connection                      with cashless              |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| exercise                      of warrants                  |   |                                                                            | 34,985     |                                                                                       |   | 350                                                                                                         |   |                                                                                                                                                     | --         |                                                                                                 |   | --                                                                                                                                         |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | (350 | ) |   | -- |   |   | -- |   |   | -- |   |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance                      of GlobalOptions, Inc.       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| common                      stock upon                     |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| conversion                      of convertible             |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| note                      payable - stockholder and        |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| related                      accrued interest              |   |                                                                            | 615,215    |                                                                                       |   | 6,152                                                                                                       |   |                                                                                                                                                     | --         |                                                                                                 |   | --                                                                                                                                         |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | 260,931 |   |   | -- |   |   | -- |   |   | 267,083 |   |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Exchange                      of GlobalOptions, Inc.       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| common                      stock in exchange for          |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Series                      A, Series A-1 and Series A-2   |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| convertible                      preferred stock and       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| related                      accrued dividends             |   |                                                                            | (5,600,200 | )                                                                                          |   | (56,002                                                                                                     | )      |                                                                                                                                                     | --         |                                                                                                 |   | --                                                                                                                                         |   |       | (5,500,000 | )          |   | (55,000    | )      |       | (3,838,254 | ) |   | (38,382 | ) |   | (1,875,000 | ) |   | (18,750 | ) |   | -- |   |   | -- |   |   | 1,549,233 |   |   | -- |   |   | -- |   |   | 1,381,099 |   |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance                      of GlobalOptions Group, Inc. |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| common                      stock to GlobalOptions,        |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Inc.,                      common and preferred            |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| stockholders                                               |   |                                                                            | --         |                                                                                       |   | --                                                                                                          |   |                                                                                                                                                     | 9,890,266  |                                                                                                 |   | 9,890                                                                                                                                      |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | (9,890 | ) |   | -- |   |   | -- |   |   | -- |   |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Outstanding                      common stock of           |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| GlobalOptions                      Group, Inc.             |   |                                                                            | --         |                                                                                       |   | --                                                                                                          |   |                                                                                                                                                     | 4,398,000  |                                                                                                 |   | 4,398                                                                                                                                      |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | (4,398 | ) |   | -- |   |   | -- |   |   | -- |   |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance                      of GlobalOptions Group, Inc. |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| common                      stock for services             |   |                                                                            | --         |                                                                                       |   | --                                                                                                          |   |                                                                                                                                                     | 145,000    |                                                                                                 |   | 145                                                                                                                                        |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | 337,705 |   |   | -- |   |   | -- |   |   | 337,850 |   |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance                      of GlobalOptions Group, Inc. |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Series                      A convertible preferred stock  |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| for                      cash                              |   |                                                                            | --         |                                                                                       |   | --                                                                                                          |   |                                                                                                                                                     | --         |                                                                                                 |   | --                                                                                                                                         |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | 7,500 |   |   | 8 |   |   | 7,499,992 |   |   | -- |   |   | -- |   |   | 7,500,000 |   |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Transaction                      costs in connection       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| with                      issuance of GlobalOptions        |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Group,                      Inc. Series A convertible      |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| preferred                      stock                       |   |                                                                            | --         |                                                                                       |   | --                                                                                                          |   |                                                                                                                                                     | --         |                                                                                                 |   | --                                                                                                                                         |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | (458,550 | ) |   | -- |   |   | -- |   |   | (458,550 | ) |
|                                                       |   |                                                                            |       |                                                                                       |   |                                                                                                        |   |                                                                                                                                                     |       |                                                                                                 |   |                                                                                                                                       |   |       |       |       |   |       |   |       |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                      loss                              |   |                                                                            | --         |                                                                                       |   | --                                                                                                          |   |                                                                                                                                                     | --         |                                                                                                 |   | --                                                                                                                                         |   |       | --         |       |   | --         |   |       | --         |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |   | (1,530,933 | ) |   | -- |   |   | (1,530,933 | ) |
| Balance,                      June 30, 2005                |   |                                                                            | --         |                                                                                       | $      | --                                                                                                          |   |                                                                                                                                                     | 14,433,266 |                                                                                                 | $      | 14,433                                                                                                                                     |   |       | --         |       | $      | --         |   |       | --         |   | $ | -- |   |   | -- |   | $ | -- |   |   | 7,500 |   | $ | 8 |   | $ | 11,142,104 |   | $ | (4,776,160 | ) | $ | (52,059 | ) | $ | 6,328,326 |   |

----

| **GLOBALOPTIONS                      GROUP, INC. AND SUBSIDIARIES** |
|---------------------------------------------------------------------|
| **(Unaudited)**                                                     |
|                                                                |   |   |   |   |   |   |   |
| **Consolidated                      Statements of Cash Flows**      |

|                                                                                                                          |   | For                      the Six Months |       |
|-------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------|------------|
|                                                                                                                          |   | Ended                      June 30,     |       |
|                                                                                                                          |   | 2005                                    |       | 2004 |   |
|                                                                                                                          |   |                                    |       |   |   |
| Cash                      flows from operating activities:                                                                    |   |                                    |       |   |   |
|                                                                                                                          |   |                                    |       |   |   |
| Net                      loss                                                                                                 |   | $                                       | (1,530,933 | ) | $ | (275,436 | ) |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Adjustments                          to reconcile net loss to net cash used in operating                          activities: |   |                                    |       |   |   |   |   |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Provision                      for bad debt expense                                                                           |   |                                    | (19,591    | ) |   | (92,500 | ) |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Depreciation                      and amortization                                                                            |   |                                    | 21,166     |   |   | 30,483 |   |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Stock                      based compensation                                                                                 |   |                                    | 38,500     |   |   | 8,500 |   |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Reverse                      merger expenses paid with common stock                                                           |   |                                    | 337,850    |   |   | -- |   |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| (Increase)                      decrease in operating assets:                                                                 |   |                                    |       |   |   |   |   |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Accounts                      receivable                                                                                      |   |                                    | 38,906     |   |   | 244,366 |   |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Prepaid                      expenses and other current assets                                                                |   |                                    | (60,985    | ) |   | (10,616 | ) |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Increase                      (decrease) in operating liabilities:                                                            |   |                                    |       |   |   |   |   |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Accounts                      payable                                                                                         |   |                                    | 104,087    |   |   | (40,737 | ) |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Accrued                      compensation and related benefits                                                                |   |                                    | 81,091     |   |   | (19,358 | ) |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Other                      current liabilities                                                                                |   |                                    | (5,648     | ) |   | 72,447 |   |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Deferred                      revenue and customer deposits                                                                   |   |                                    | --         |   |   | (141,772 | ) |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Total                      adjustments                                                                                        |   |                                    | 535,376    |   |   | 50,813 |   |
|                                                                                                                          |   |                                    |       |   |   |   |   |
| Net                      cash used in operating activities                                                                    |   |                                    | (995,557   | ) |   | (224,623 | ) |
|                                                                                                                          |   |                                    |       |   |   |   |   |

----

| **GLOBALOPTIONS                      GROUP, INC. AND SUBSIDIARIES**                            |
|------------------------------------------------------------------------------------------------|
| **(Unaudited)**                                                                                |
|                                                                                           |   |   |   |   |   |   |   |
| **Consolidated                      Statements of Cash Flows,                      continued** |

|                                                                                                                                                                                                       |   | For                        the Six Months |      |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------|-----------|
|                                                                                                                                                                                                       |   | Ended                        June 30,     |      |
|                                                                                                                                                                                                       |   | 2005                                      |      | 2004 |   |
| Cash                        flows from financing activities:                                                                                                                                               |   |                                      |      |   |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |
| Net                        proceeds from line of credit                                                                                                                                                    |   | $                                         | 211,250   |   | $ | 218,057 |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Proceeds                            from issuance of GlobalOptions                            Group, Inc.                            Series                            A convertible  preferred stock |   |                                      | 7,500,000 |   |   | -- |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Offering                        costs in                        connection with private placement                                                                                                          |   |                                      | (458,550  | ) |   | -- |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Net                        cash provided by financing activities                                                                                                                                           |   |                                      | 7,252,700 |   |   | 218,057 |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Net                        increase (decrease) in cash                                                                                                                                                     |   |                                      | 6,257,143 |   |   | (6,566 | ) |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Cash                        - beginning                                                                                                                                                                    |   |                                      | 533,018   |   |   | 288,244 |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Cash                        - ending                                                                                                                                                                       |   | $                                         | 6,790,161 |   | $ | 281,678 |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Supplemental                        disclosure of cash flow information:                                                                                                                                   |   |                                      |      |   |   |   |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Cash                        paid during the period for interest                                                                                                                                            |   | $                                         | 51,000    |   | $ | 23,000 |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Supplemental                            disclosures of non-cash investing and financing                            activities:                                                                             |   |                                      |      |   |   |   |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Accrued                            dividends on convertible preferred stock of GlobalOptions,                            Inc.                                                                              |   | $                                         | 272,781   |   | $ | 223,569 |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Common                        stock of GlobalOptions, Inc. issued                                                                                                                                          |   |                                      |      |   |   |   |   |
| upon                        conversion of convertible note payable -                                                                                                                                       |   |                                      |      |   |   |   |   |
| stockholder                        and related accrued interest                                                                                                                                            |   | $                                         | 267,083   |   | $ | -- |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Exchange                        of GlobalOptions, Inc.                                                                                                                                                     |   |                                      |      |   |   |   |   |
| common                        stock Series                        A, Series A-1 and Series A-2                                                                                                             |   |                                      |      |   |   |   |   |
| convertible                        preferred stock and                                                                                                                                                     |   |                                      |      |   |   |   |   |
| related                        accrued dividends                                                                                                                                                           |   | $                                         | 1,381,099 |   | $ | -- |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Common                        stock of GlobalOptions, Inc.                                                                                                                                                 |   |                                      |      |   |   |   |   |
| issued                        upon the cashless exercise of warrants                                                                                                                                       |   | $                                         | 350       |   | $ | -- |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |
| Common                        stock of GlobalOptions, Inc. issued                                                                                                                                          |   |                                      |      |   |   |   |   |
| upon                        the exercise of warrants, offset against                                                                                                                                       |   |                                      |      |   |   |   |   |
| deferred                        consulting fees                                                                                                                                                            |   | $                                         | 120,000   |   | $ | -- |   |
|                                                                                                                                                                                                       |   |                                      |      |   |   |   |   |

----

**GLOBALOPTIONS        GROUP, INC. AND SUBSIDIARIES**

**NOTES        TO CONSOLIDATED FINANCIAL STATEMENTS**

**1.        Nature of Operations**

**2.        Basis of Presentation**

**3.        Summary of Significant Accounting Policies**

** **
***Principles        of Consolidation***

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

**3.        Summary of Significant Accounting Policies, continued**

***Net        Loss Per Common Share***

***Use        of Estimates***

***Concentrations        of Credit Risk***

***Property        and Equipment***

***Investment        in Company***

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

**3.     Summary        of Significant Accounting Policies, continued**

***Revenue        Recognition***

***Advertising***

***Income        Taxes***

***Stock        Based Compensation/Stock Options***

----

**GLOBALOPTIONS        GROUP, INC. AND SUBSIDIARIES**

**NOTES        TO CONSOLIDATED FINANCIAL STATEMENTS**

**3.     Summary        of Significant Accounting Policies, continued**

***Stock        Based Compensation/Stock Options, continued***

|                                     |   | **Three                  and Six Months Ended****June                  30,** |
|------------------------------------------|--------|------------------------------------------------------------------------------|
|                                     |   |
|                                     |   | **2005**                                                                     |   | **2004** |
|                                     |   |                                                                         |   |   |
| Dividend                  yield          |   |                                                                         | 0% |   |   |   | 0% |   |
| Expected                  volatility     |   |                                                                         | 55% |   |   |   | 55% |   |
| Risk-free                  interest rate |   |                                                                         | 3.0% |   |   |   | 2.8% |   |
| Expected                  lives          |   |                                                                         | 3 years |   |   |   | 3                  years |   |

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

**3.     Summary        of Significant Accounting Policies, continued**

***Stock        Based Compensation/Stock Options, continued***

| (All                          numbers in 000’s except per share data.)                                                                                                                                                                                                     |   | **Three                          Months Ended****June                          30,** |   | **Six                          Months Ended June 30,**  |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------|--------|--------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                             |   | **2005**                                                                             |   | **2004**                                                     |   | **2005** |   | **2004** |   |
|                                                                                                                                                                                                                                                                             |   |                                                                                 |   |                                                         |   |   |   |   |   |
| Net                          loss applicable to common stockholders, as reported                                                                                                                                                                                                 |   | $                                                                                    | (1,942 | )                                                            | $      | (198 | ) | $ | (2,363 | ) | $ | (275 | ) |
| Deduct:                          total stock-based employee compensation expense determined                          under fair                          value based method for all awards, net of related tax effects,                          if                          any |   |                                                                                 | 44     |                                                         |   | 41 |   |   | 87 |   |   | 82 |   |
| Pro-forma                          net loss                                                                                                                                                                                                                                      |   | $                                                                                    | (1,986 | )                                                            | $      | (239 | ) | $ | (2,450 | ) | $ | (357 | ) |
| Net                          loss per share applicable to common stockholders - basic                          and                          diluted:                                                                                                                             |   |                                                                                 |   |                                                         |   |   |   |   |   |   |   |   |   |
| As                          reported                                                                                                                                                                                                                                             |   | $                                                                                    | (0.20  | )                                                            | $      | (0.02 | ) | $ | (0.25 | ) | $ | (0.03 | ) |
| Pro                          forma                                                                                                                                                                                                                                               |   | $                                                                                    | (0.20  | )                                                            | $      | (0.03 | ) | $ | (0.26 | ) | $ | (0.04 | ) |

***Recent        Accounting Pronouncements***

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

**3.     Summary        of Significant Accounting Policies, continued**

***Recent        Accounting Pronouncements, continued***

| **4.** | **Property                  and Equipment** |
|--------|---------------------------------------------|

| Computer                  and equipment                          |   | $      | 179,924 |   |
|------------------------------------------------------------------|--------|--------|---------|--------|
| Furniture                  and fixtures                          |   |   | 87,942  |   |
| Leasehold                  improvements                          |   |   | 112,259 |   |
|                                                             |   |   | 380,125 |   |
| Less:                  accumulated depreciation and amortization |   |   | 293,743 |   |
|                                                             |   |   |    |   |
|                                                             |   | $      | 86,382  |   |

| **5.** | **Investment                  in Corporation** |
|--------|------------------------------------------------|

| **6.** | **Line                  of Credit** |
|--------|-------------------------------------|

----

**GLOBALOPTIONS            GROUP, INC. AND SUBSIDIARIES**

**NOTES            TO CONSOLIDATED FINANCIAL STATEMENTS**

| **6.** | **Line                  of Credit, continued** |
|--------|------------------------------------------------|

| **7.** | **Other                  Current Liabilities** |
|--------|------------------------------------------------|

| Client                  expenses                 |   | $      | 201,705 |   |
|--------------------------------------------------|--------|--------|---------|--------|
| Deferred                  rent                   |   |   | 41,268  |   |
| Corporate                  development expenses  |   |   | 42,500  |   |
| Advisory                  board compensation     |   |   | 11,834  |   |
| Other                                            |   |   | 4,000   |   |
|                                             |   |   |    |   |
| Total                  other current liabilities |   | $      | 301,307 |   |

| **8.    ** | **Income                  Taxes** |
|--------------------------------|-----------------------------------|

| **9.** | **Convertible                  Note Payable - Stockholder** |
|--------|-------------------------------------------------------------|

During        August 2004, the Company received $250,000 in the form of a four year        convertible note to QuanStar I, LLC (“QuanStar”), an existing stockholder. This        convertible note bore interest at a rate of 10% per annum, with interest        payable        quarterly commencing October 1, 2004. The principal amount was due upon maturity        in August 2009. On June 24, 2005, at the option of QuanStar, the $250,000        convertible note and accrued interest of $17,083 was converted into 615,215        shares of common stock (361,891 shares of common stock after the reverse        merger).

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

| **10.** | **Commitments                  and Contingencies** |
|---------|----------------------------------------------------|

*** *** ***Operating        Leases***

| For                  the Years Ending June 30, |   |    |      |
|------------------------------------------------|--------|--------------|-----------|
| 2006                                           |   | $            | 561,590   |   |
| 2007                                           |   |         | 534,994   |   |
| 2008                                           |   |         | 251,211   |   |
|                                           |   |         |      |   |
|                                           |   | $            | 1,347,795 |   |

***Letter        of Credit***

***Employment        Agreements***

*** ***

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

| **10.** | **Commitments                  and Contingencies, continued** |
|---------|---------------------------------------------------------------|

***Consulting        Agreement***

| **11.** | **Stockholders’                  Equity** |
|---------|-------------------------------------------------|

***Common        Stock - GlobalOptions, Inc.***

***Common        Stock- GlobalOptions Group, Inc.***

***Stock        Based Compensation***

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

| **11.** | **Stockholders’                  Equity, continued** |
|---------|------------------------------------------------------------|

***Preferred        Stock - GlobalOptions, Inc.***

***GlobalOptions        Shares Immediately Prior to the Reverse Merger***

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

| **11.** | **Stockholders’                  Equity, continued** |
|---------|------------------------------------------------------------|

***Reverse        Merger and Private Placement - Summary of        Transactions***

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

| **11.** | **Stockholders’                  Equity, continued** |
|---------|------------------------------------------------------------|

***Reverse        Merger and Private Placement -        Summary of Transactions, continued***

***Series        A Convertible Preferred Stock - GlobalOptions Group***

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

| **11.** | **Stockholders’                  Equity, continued** |
|---------|------------------------------------------------------------|

***Series          A Convertible Preferred Stock, GlobalOptions Group - Beneficial Conversion          Feature and Deemed Dividend***

***Series          A Convertible Preferred Stock - GlobalOptions Group - features***

----

**GLOBALOPTIONS            GROUP, INC. AND SUBSIDIARIES**

**NOTES            TO CONSOLIDATED FINANCIAL STATEMENTS**

| **11.** | **Stockholders’                      Equity, continued** |
|---------|----------------------------------------------------------------|

**Series          A Convertible Preferred Stock - GlobalOptions Group,          continued**

***Common        Stock - GlobalOptions Group***

***Warrants        (Series A & B)***

----

**GLOBALOPTIONS            GROUP, INC. AND SUBSIDIARIES**

**NOTES            TO CONSOLIDATED FINANCIAL STATEMENTS**

| **11.** | **Stockholders’                      Equity, continued** |
|---------|----------------------------------------------------------------|

***Warrants        (Series C)***

***Adjustments        (applicable to Warrants - Series A, B and C)***

----

**GLOBALOPTIONS            GROUP, INC. AND SUBSIDIARIES**

**NOTES            TO CONSOLIDATED FINANCIAL STATEMENTS**

| **12.** | **Stock                  Option Plan** |
|---------|----------------------------------------|

----

**GLOBALOPTIONS            GROUP, INC. AND SUBSIDIARIES**

**NOTES            TO CONSOLIDATED FINANCIAL STATEMENTS**

| **12.** | **Stock                  Option Plan, continued** |
|---------|---------------------------------------------------|

|                                                                               |   |  **Number                    of****Options**  |      | **Weighted**  **Average****Exercise                      Price** |   |
|------------------------------------------------------------------------------------|--------|---------------------------------------------------------|-----------|----------------------------------------------------------------------------|--------|
| For                    the Six Months Ended June                    30, 2004  |   |                                               |      |                                                                  |   |
| Outstanding,                    December 31, 2003                                  |   |                                                    | 835,389   |                                                                       | $      | .17 |   |
| Granted                                                                            |   |                                                    | 1,145,294 |                                                                       |   | .60 |   |
| Exercised                                                                          |   |                                                    | -         |                                                                       |   | - |   |
| Forfeited                                                                          |   |                                                    | (19,377   | )                                                                          |   | .58 |   |
|                                                                               |   |                                                    |      |                                                                       |   |   |   |
| Outstanding,                    June                    30, 2004                   |   |                                                    | 1,961,306 |                                                                       | $      | .42 |   |
|                                                                               |   |                                                    |      |                                                                       |   |   |   |
| For                  the Six Months Ended June                  30, 2005           |   |                                                    |      |                                                                       |   |   |   |
| Outstanding,                    December 31, 2004                                  |   |                                                    | 2,592,777 |                                                                       | $      | .48 |   |
| Granted                                                                            |   |                                                    | 25,588    |                                                                       |   | .68 |   |
| Exercised                                                                          |   |                                                    | -         |                                                                       |   | - |   |
| Forfeited                                                                          |   |                                                    | (294      | )                                                                          |   | .68 |   |
|                                                                               |   |                                                    |      |                                                                       |   |   |   |
| Outstanding,                    June                    30, 2005                   |   |                                                    | 2,618,071 |                                                                       | $      | .48 |   |

| Option                    exercise price                                                                       |   |  **$0.068**                 |    |  **$0.60**                  |   |  **$0.68**                  |   | **$0.85** |    | **Total** |   |
|---------------------------------------------------------------------------------------------------------------------|--------|----------------------------------|---------|----------------------------------|--------|----------------------------------|--------|-----------|---------|-----------|--------|
|                                                                                                                |   |                        |    |                        |   |                        |   |      |    |      |   |
| Outstanding:                                                                                                        |   |                        |    |                        |   |                        |   |      |    |      |   |
| Number                    of stock options                                                                          |   |                             | 708,659 |                             |   | 1,193,824                        |   |      | 656,765 |      |   | 58,824 |   |   | 2,618,071 |   |
|                                                                                                                |   |                             |    |                             |   |                             |   |      |    |      |   |  |   |   |   |   |
| Weighted                    average remaining contractual life of options outstanding (in                    years) |   |                             | 2       |                             |   | 3                                |   |      | 3       |      |   | 7.1 |   |   | - |   |
|                                                                                                                |   |                             |    |                             |   |                             |   |      |    |      |   |  |   |   |   |   |
| Exercisable:                                                                                                        |   |                             |         |                             |   |                                  |   |      |         |      |   |  |   |   |  |   |
| Number                    of stock options                                                                          |   |                             | 48,189  |                             |   | 717,022                          |   |      | 446,600 |      |   | 50,000 |   |   | 1,261,811 |   |
|                                                                                                                |   |                             |    |                             |   |                             |   |      |    |      |   |  |   |   |   |   |

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

| **13.** | **Major                  Clients** |
|---------|------------------------------------|

| **14.** | **Related                  Party Transactions** |
|---------|-------------------------------------------------|

| **15.** | **Defined                  Contribution Plan** |
|---------|------------------------------------------------|

| **16.** | **Client                  and Segment Data** |
|---------|----------------------------------------------|

----

**GLOBALOPTIONS            GROUP, INC. AND SUBSIDIARIES**

**NOTES            TO CONSOLIDATED FINANCIAL STATEMENTS**

| **16.** | **Client                  and Segment Data, continued** |
|---------|---------------------------------------------------------|

| **For                  the Three Months Ended June 30, 2005** |   |
|---------------------------------------------------------------|--------|
|                                                          |   |
|                                                          |   | **Investigations/****Litigation** |   | **Crisis****Management** |   | **Security** |   | **Corporate** |   | **Consolidated** |   |
|  Revenue                                                 |   | $ | 763 |   | $ | 242 |   | $ | 192 |   | $ | - |   | $ | 1,197 |   |
|  Loss                  from Operations                   |   | $ | (659 | ) | $ | (293 | ) | $ | (133 | ) | $ | - |   | $ | (1,085 | ) |
|  Identifiable                  Assets                    |   | $ | 379 |   | $ | 120 |   | $ | 95 |   | $ | 6,932 |   | $ | 7,526 |   |
|  Depreciation                  and amortization          |   | $ | - |   | $ | - |   | $ | - |   | $ | 11 |   | $ | 11 |   |
|  Interest                  Expense                       |   | $ | - |   | $ | - |   | $ | - |   | $ | 24 |   | $ | 24 |   |

| **For                  the Three Months Ended June 30, 2004** |   |
|---------------------------------------------------------------|--------|
|                                                          |   |
|                                                          |   | **Investigations/****Litigation** |   | **Crisis****Management** |   | **Security** |   | **Corporate** |   | **Consolidated** |   |
|  Revenues                                                |   | $ | 627 |   | $ | 422 |   | $ | 159 |   | $ | - |   | $ | 1,208 |   |
|  Loss                  from Operations                   |   | $ | (139 | ) | $ | (27 | ) | $ | (27 | ) | $ | - |   | $ | (193 | ) |
|  Depreciation                  and amortization          |   | $ | - |   | $ | - |   | $ | - |   | $ | 15 |   | $ | 15 |   |
|  Interest                  Expense                       |   | $ | - |   | $ | - |   | $ | - |   | $ | 4 |   | $ | 4 |   |

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

| **16.** | **Client                  and Segment Data, continued** |
|---------|---------------------------------------------------------|

| **For                  the Six Months Ended June 30, 2005** |   |
|-------------------------------------------------------------|--------|
|                                                        |   |
|                                                        |   | **Investigations/****Litigation** |   | **Crisis****Management** |   | **Security** |   | **Corporate** |   | **Consolidated** |   |
|  Revenues                                              |   | $ | 1,468 |   | $ | 495 |   | $ | 290 |   | $ | - |   | $ | 2,253 |   |
|  Loss                  from Operations                 |   | $ | (847 | ) | $ | (489 | ) | $ | (133 | ) | $ | - |   | $ | (1,469 | ) |
|  Depreciation                  and amortization        |   |   | - |   |   | - |   |   | - |   | $ | 21 |   | $ | 21 |   |
|  Interest                  Expense                     |   | $ | - |   | $ | - |   | $ | - |   | $ | 63 |   | $ | 63 |   |
|  Capital                  Expenditures                 |   | $ | - |   | $ | - |   | $ | - |   | $ | - |   | $ | - |   |

| **For                  the Six Months Ended June 30, 2004** |   |
|-------------------------------------------------------------|--------|
|                                                        |   |
|                                                        |   | **Investigations/****Litigation** |   | **Crisis****Management** |   | **Security** |   | **Corporate** |   | **Consolidated** |   |
|  Revenues                                              |   | $ | 1,441 |   | $ | 775 |   | $ | 428 |   | $ | - |   | $ | 2,644 |   |
|  Loss                  from Operations                 |   | $ | (7 | ) | $ | (242 | ) | $ | (3 | ) | $ | - |   | $ | (252 | ) |
|  Depreciation                  and amortization        |   | $ | - |   | $ | - |   | $ | - |   | $ | 30 |   | $ | 30 |   |
|  Interest                  Expense                     |   | $ | - |   | $ | - |   | $ | - |   | $ | 23 |   | $ | 23 |   |
|  Capital                  Expenditures                 |   | $ | - |   | $ | - |   | $ | - |   | $ | - |   | $ | - |   |

----

**GLOBALOPTIONS          GROUP, INC. AND SUBSIDIARIES**

**NOTES          TO CONSOLIDATED FINANCIAL STATEMENTS**

| **17.    ** | **Subsequent                  Events** |
|---------------------------------|----------------------------------------|

***Global        Options Group 2005 Stock Option Plan***

***Acquisition***

----

**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF      OPERATIONS **

*The      following discussion of results of operations and financial condition is based      upon, and should be read in conjunction with, our consolidated financial      statements and accompanying notes thereto included elsewhere herein.*

**Forward-Looking      Statements **

**General**

----

**Overview      **

----

----

**Critical      Accounting Policies **

*Revenue      Recognition *

*Stock      Based Compensation/Stock Options*

----

*Allowance      for Doubtful Accounts*

**GlobalOptions      Group Six and Three Months Ended June 30, 2005 Compared to Six and Three Months      Ended June 30, 2004 **

*Revenues      *

*Investigations/Litigation      Segment Revenue*

*Crisis      Management Segment Revenue*

----

*Security      Segment Revenue*

*Cost      of Revenues and Gross Profit *

*Operating      Expenses*

*Investigations/Litigation      Segment Profitability*

* *

* *

*Crisis      Management Segment Profitability*

----

*Security      Segment Profitability*

*Interest      Expense *

*Income      Taxes*

*Net      Loss Applicable to Common Stockholders*

----

**Liquidity      and Capital Resources **

*General      *

**Cash      Flows **

*Cash      Flows from Operating Activities*

*Cash      Flows from Investing Activities*

*Cash      Flows from Financing Activities *

*Revolving      Line of Credit *

----

*Common      Stock*

*Convertible      Preferred Stock - GlobalOptions, Inc.*

*Acquisition      *

----

**Item      3. **CONTROLS      AND PROCEDURES.****

*Evaluation      of our Disclosure Controls and Internal Controls*

*Officers’      Certifications*

*Disclosure      Controls and Internal Controls*

----

**PART      II**

**OTHER      INFORMATION**

**Item      1. Legal      Proceedings.**

**Item      2. Unregistered      Sales of      Equity Securities and Use of Proceeds.**

**Item      3. Defaults      Upon Senior Securities.**

**Item      4. Submission      of      Matters to a Vote of Security Holders.**

**Item      5. Other      Information.**

----

**Item      6.**
**Exhibits.**

| **Exhibit                No****.** |   | **Description**                                                                                                                                                                                                                                                                                                                            |
|------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                               |   |                                                                                                                                                                                                                                                                                                                                       |
| 2.1                                |   | Agreement                and Plan of Merger, dated June 24, 2005, among Creative Solutions,                GlobalOptions Acquisition Corp. and GlobalOptions, Inc.(2)                                                                                                                                                                 |
| 3.1                                |   | Certificate                of Amendment to Articles of Incorporation changing name of Registrant                to                GlobalOptions Group, Inc.                (3)                                                                                                                                                             |
| 3.2                                |   | Certificate                of Designations, Powers, Preferences and Other Rights and Qualifications                of Series A Convertible Preferred Stock.                (3)                                                                                                                                                             |
| 4.1                                |   | Form                of Four-Year Warrant to Purchase Common Stock at $2.00 per                share.                (3)                                                                                                                                                                                                                    |
| 4.2                                |   | Form                of Four-Year Warrant to Purchase Common Stock at $2.50 per                share.                (3)                                                                                                                                                                                                                    |
| 10.1                               |   | 2004                Non-Statutory Stock Option Plan.(1)                                                                                                                                                                                                                                                                                    |
| 10.2                               |   | 2005                Stock Option Plan.                (4)                                                                                                                                                                                                                                                                                  |
| 10.3                               |   | Employment                Agreement, dated as of January 29, 2004, between Harvey W.                Schiller,                Ph.D. and GlobalOptions, Inc., assigned to and assumed by GlobalOptions                Group, Inc.                (3)                                                                                    |
| 10.4                               |   | Letter                Agreement among GlobalOptions Group, Inc., GlobalOptions, Inc. and                Harvey                W. Schiller, pursuant to which GlobalOptions Group, Inc. assumed                Dr.                Schiller’s original employment agreement with GlobalOptions,                Inc.                (3) |
| 10.5                               |   | Employment                Agreement, dated as of January 24, 2002, between Neil C. Livingstone,                Ph.D. and GlobalOptions, Inc.                (3)                                                                                                                                                                            |
| 10.6                               |   | Employment                Agreement, dated as of January 24, 2002, between Thomas P. Ondeck                and                GlobalOptions, Inc.                (3)                                                                                                                                                                       |
| 10.7                               |   | Form                of Lock-Up letter between GlobalOptions Group and certain pre-merger                stockholders.                (3)                                                                                                                                                                                                   |
| 10.8                               |   | Form                of Lock-Up letter between GlobalOptions Group and former GlobalOptions                stockholders.                (3)                                                                                                                                                                                                 |
| 10.9                               |   | Form                of Private Placement Subscription Agreement.                (3)                                                                                                                                                                                                                                                        |
| 10.10                              |   | Asset                Purchase Agreement by and among GlobalOptions, Inc., Confidential                Business                Resources, Inc., Halsey R. Fisher and Fisher & Associates,                Inc.                (5)                                                                                                        |
| 31.1                               |   | Certification                of Chief Executive Officer pursuant to Section 302 of The Sarbanes-Oxley                Act of 2002.                                                                                                                                                                                                          |
| 31.2                               |   | Certification                of Chief Financial Officer pursuant to Section 302 of The Sarbanes-Oxley                Act of 2002.                                                                                                                                                                                                          |
| 32.1                               |   | Certification                of Chief Executive Officer pursuant to Section 906 of The Sarbanes-Oxley                Act of 2002.                                                                                                                                                                                                          |
| 32.2                               |   | Certification                of Chief Financial Officer pursuant to Section 906 of The Sarbanes-Oxley                Act of 2002.                                                                                                                                                                                                          |
|                               |   |                                                                                                                                                                                                                                                                                                                                       |

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| (1) | Incorporated                by reference to the exhibits included with our Registration Statement                on                Form SB-2, filed with the SEC on July 20,                2004. |
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| (2) | Incorporated                by reference to the exhibits included with our Current Report on                Form 8-K                filed with the SEC on June 27,                2005. |
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| (3) | Incorporated                by reference to the exhibits included with our Current Report on                Form 8-K                filed with the SEC on June 30,                2005. |
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| (4) | Incorporated                by reference to the exhibits included with our Current Report on                Form 8-K                filed with the SEC on August 11,                2005. |
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| (5) | Incorporated                by reference to the exhibits included with our Current Report on                Form 8-K                filed with the SEC on August 18,                2005. |
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**SIGNATURES**

|                                    |                                                                                                                                          |         |
|-----------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|--------------|
|                                    | **GLOBALOPTIONS              GROUP, INC.**                                                                                                    |
|                               |                                                                                                                                     |    |
| Date: August              22, 2005 | By:                                                                                                                                 |         |
|                                    | Harvey                W. SchillerChairman of the Board and Chief Executive                Officer(Principal Executive                Officer) |

|                                      |                                                                                                                                                                                                                                      |   |
|-------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Date: August                22, 2005 | By:                                                                                                                                                                                                                             |   |
|                                      | Jeffrey                  O. NyweideChief Financial Officer, Executive Vice                  President,Corporate Development and Secretary(Principal Financial Officer and Principal                  Accounting                  Officer) |

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