| Nevada                                                         |   | 98-0516432                           |
|----------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.) |

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| PART I - FINANCIAL INFORMATION                                                                            | 2 |
|-----------------------------------------------------------------------------------------------------------|---|
| Item 1.  Unaudited Financial Statements                                                              | 2 |
| Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations | 3 |
| Item 3.  Quantitative and Qualitative Disclosures About Market Risk                                  | 5 |
| Item 4.  Controls and Procedures                                                                     | 5 |
| PART II – OTHER INFORMATION                                                                         | 6 |
| Item 1.  Legal Proceedings                                                                           | 6 |
| Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds                                 | 6 |
| Item 3.  Defaults Upon Senior Securities                                                             | 6 |
| Item 4.  (Removed and Reserved)                                                                      | 6 |
| Item 5.  Other Information                                                                           | 6 |
| Item 6.  Exhibits                                                                                    | 6 |

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PART I - FINANCIAL INFORMATION

Item 1.  Unaudited Financial Statements

| Balance Sheets (Unaudited)                    | F-1 |
|-----------------------------------------------|-----|
| Statements of Expenses (Unaudited)            | F-2 |
| Statements of Cash Flows (Unaudited)          | F-3 |
| Notes to the Financial Statements (Unaudited) | F-4 |

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|                                                                                                                                                                                  |   | March 31,2010 |     |   | December 31,2009 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|----------|--------|------------------|--------|
| ASSETS                                                                                                                                                                                |   |          |     |   |             |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |
| Current Assets                                                                                                                                                                        |   |          |     |   |             |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |
| Cash                                                                                                                                                                                  |   | $             | 2,628    |   |             | $      | 247 |   |
| Other current assets                                                                                                                                                                  |   |          | 3,513    |   |             |   | 1,978 |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Total Assets                                                                                                                                                                          |   | $             | 6,141    |   |             | $      | 2,225 |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                                                                           |   |          |     |   |             |   |   |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Current Liabilities                                                                                                                                                                   |   |          |     |   |             |   |   |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Accounts payable                                                                                                                                                                      |   | $             | 29,141   |   |             | $      | 1,697 |   |
| Accrued liabilities                                                                                                                                                                   |   |          | 3,464    |   |             |   | – |   |
| Due to related parties                                                                                                                                                                |   |          | 69,299   |   |             |   | 69,094 |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Total Liabilities                                                                                                                                                                     |   |          | 101,904  |   |             |   | 70,791 |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
|  Stockholders’ Deficit                                                                                                                                                     |   |          |     |   |             |   |   |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Preferred Stock, 100,000,000 shares authorized, $0.00001 par value, none issued                                                                                                       |   |          | –  |   |             |   | – |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Common stock, 100,000,000 shares authorized, $0.00001 par value66,006,450 shares and 6,006,450 shares) issued and outstanding as of March 31, 2010 and December 31, 2009 respectively |   |          | 660      |   |             |   | 60 |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Additional Paid-in Capital                                                                                                                                                            |   |          | 117,660  |   |             |   | 112,260 |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Common stock subscribed                                                                                                                                                               |   |          | 2,600    |   |             |   | – |   |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Deficit Accumulated During the Development Stage                                                                                                                                      |   |          | (216,683 | )      |             |   | (180,886 | ) |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Total Stockholders’ Deficit                                                                                                                                                     |   |          | (95,763  | )      |             |   | (68,566 | ) |
|                                                                                                                                                                                  |   |          |     |   |             |   |   |   |
| Total Liabilities and Stockholders’ Deficit                                                                                                                                     |   | $             | 6,141    |   |             | $      | 2,225 |   |

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|                                                 |   | For theThree monthsendedMarch 31,2010 |       |   | For theThree months endedMarch 31,2009 |   |      | September 27, 2006 (Inception)throughto March 31,2010 |   |
|------------------------------------------------------|--------|---------------------------------------|------------|--------|----------------------------------------|--------|-----------|-------------------------------------------------------|--------|
| Expenses                                             |   |                                  |       |   |                                   |   |      |                                                  |   |
|                                                 |   |                                  |       |   |                                   |   |      |                                                  |   |
| Legal and accounting                                 |   | $                                     | 28,547     |   |                                   | $      | 13,160    |                                                  |   | $ | 138,973 |   |
| General and administrative                           |   |                                  | 7,120      |   |                                   |   | 900       |                                                  |   |   | 56,880 |   |
| Mineral exploration expense                          |   |                                  | –    |   |                                   |   | –   |                                                  |   |   | 12,500 |   |
| Services provided by Directors                       |   |                                  | –    |   |                                   |   | 750       |                                                  |   |   | 3,000 |   |
| Rent                                                 |   |                                  | –    |   |                                   |   | 750       |                                                  |   |   | 3,000 |   |
|                                                 |   |                                  |       |   |                                   |   |      |                                                  |   |   |   |   |
| Total Operating Expenses                             |   |                                  | 35,667     |   |                                   |   | 15,560    |                                                  |   |   | 214,353 |   |
|                                                 |   |                                  |       |   |                                   |   |      |                                                  |   |   |   |   |
| Other Income (Expenses)                              |   |                                  |       |   |                                   |   |      |                                                  |   |   |   |   |
|                                                 |   |                                  |       |   |                                   |   |      |                                                  |   |   |   |   |
| Foreign currency exchange gain (loss)                |   |                                  | (130       | )      |                                   |   | –   |                                                  |   |   | (705 | ) |
| Interest expense                                     |   |                                  | –    |   |                                   |   | –   |                                                  |   |   | (1,625 | ) |
|                                                 |   |                                  |       |   |                                   |   |      |                                                  |   |   |   |   |
| Total Other Income (Expenses)                        |   |                                  | (130       | )      |                                   |   | –   |                                                  |   |   | (2,330 | ) |
|                                                 |   |                                  |       |   |                                   |   |      |                                                  |   |   |   |   |
| Net Loss                                             |   | $                                     | (35,797    | )      |                                   | $      | (15,560   | )                                                     |   | $ | (216,683 | ) |
|                                                 |   |                                  |       |   |                                   |   |      |                                                  |   |   |   |   |
| Net Loss Per Common Share – Basic and Diluted  |   | $                                     | (0.00      | )      |                                   | $      | (0.00     | )                                                     |   |   | N/A |   |
|                                                 |   |                                  |       |   |                                   |   |      |                                                  |   |   |   |   |
| Weighted Average Number of Common shares Outstanding |   |                                  | 58,006,000 |   |                                   |   | 6,006,450 |                                                  |   |   | N/A |   |

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|                                         |   | For theThree monthsendedMarch 31,2010 |    |   | For theThree months endedMarch 31,2009 |   |    | September 27, 2006(Inception)throughMarch 31,2010 |   |
|----------------------------------------------|--------|---------------------------------------|---------|--------|----------------------------------------|--------|---------|---------------------------------------------------|--------|
| Operating Activities                         |   |                                  |    |   |                                   |   |    |                                              |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |
| Net loss                                     |   | $                                     | (35,797 | )      |                                   | $      | (15,560 | )                                                 |   | $ | (216,683 | ) |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Adjustments to reconcile net loss to cash:   |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Donated rent and consulting services         |   |                                  | – |   |                                   |   | – |                                              |   |   | 10,000 |   |
| Imputed Interest                             |   |                                  | – |   |                                   |   | – |                                              |   |   | 1,625 |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Changes in operating assets and liabilities: |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Other current assets                         |   |                                  | (1,535  | )      |                                   |   | (935    | )                                                 |   |   | (3,513 | ) |
| Accounts payable and accrued liabilities     |   |                                  | 30,908  |   |                                   |   | 2,781   |                                              |   |   | 32,605 |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Net Cash Used in Operating Activities        |   |                                  | (6,424  | )      |                                   |   | (13,714 | )                                                 |   |   | (175,966 | ) |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Financing Activities                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Advance from related party                   |   |                                  | 205     |   |                                   |   | 1,500   |                                              |   |   | 69,299 |   |
| Proceeds from the sale of common stock       |   |                                  | 6,000   |   |                                   |   | – |                                              |   |   | 106,695 |   |
| Stock subscriptions received                 |   |                                  | 2,600   |   |                                   |   |    |                                              |   |   | 2,600 |   |
| Net Cash Provided by Financing Activities    |   |                                  | 8,805   |   |                                   |   | 1,500   |                                              |   |   | 178,594 |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Increase (Decrease) In Cash                  |   |                                  | 2,381   |   |                                   |   | (12,214 | )                                                 |   |   | 2,628 |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Cash - Beginning of Period                   |   |                                  | 247     |   |                                   |   | 21,729  |                                              |   |   | – |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Cash - End of Period                         |   | $                                     | 2,628   |   |                                   | $      | 9,515   |                                              |   | $ | 2,628 |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Supplemental Disclosures                     |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
|                                         |   |                                  |    |   |                                   |   |    |                                              |   |   |   |   |
| Interest paid                                |   | $                                     | – |   |                                   | $      | – |                                              |   | $ | – |   |
| Income tax paid                              |   | $                                     | – |   |                                   | $      | – |                                              |   | $ | – |   |

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| ●   | A 1 for 10 consolidation of the Company’s common stock is considered (see note 8); |
|---------------------|------------------------------------------------------------------------------------------|

| ●   | Englmann agreed not to sell or transfer more than 10,000 post-split shares of common stock on any given day through a brokered transaction; |
|---------------------|---------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Englmann is granted an option to purchase 450,000 post-split shares of the Company’s common stock at an exercise price of $0.00001 per share until January 12, 2011.  The number of shares of the Company’s common stock available for acquisition under this option shall remain the same regardless of any consolidation of the Company’s stock; |
|---------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | A maximum of 450,000 post-split shares of the Company’s common stock held by Englmann shall be registered for re-sale with the US Securities and Exchange Commission within 6 months of the date of the Agreement; |
|---------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Englmann’s shareholder loan shall be repaid no later than June 30, 2010 and will continue not to accrue any interest until June 30, 2010.  If the shareholder loans are not repaid by June 30, 2010, they will begin to accrue interest at a rate of 1% per month; and |
|---------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Englmann agrees to resign as the Company’s director and officer. |
|---------------------|------------------------------------------------------------------------|

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Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations

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Item 3.  Quantitative and Qualitative Disclosures About Market Risk

Item 4.  Controls and Procedures

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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.  (Removed and Reserved)

Item 5.  Other Information

Item 6.  Exhibits

| Exhibit Number | Exhibit Description                                                                                                                                                                                                                             |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1           | Certification of Chief Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) promulgated under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                          |
| 31.2           | Certification of Chief Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) promulgated under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                          |
| 32.1           | Certification of Chief Executive Officer pursuant to Rule 13a-14(b) or Rule 15d-14(b) promulgated under the Securities Exchange Act of 1934 and 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002  |
| 32.2           | Certification of Chief Financial Officer pursuant to Rule 13a-14(b) or Rule 15d-14(b) promulgated under the Securities Exchange Act of 1934 and 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002  |

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| Date: May 26 , 2010 | GLOBAL SECURITY AGENCY INC.                                                                                                                                                                                                                                                                                           |
|---------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                |                                                                                                                                                                                                                                                                                                                  |
|                | By:       /s/ Larry E. Lunger                                         |
|                | Larry E. Lunger                                                                                                                                                                                                                                                                                                       |
|                | Chief Executive Officer                                                                                                                                                                                                                                                                                               |