UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C.  20549





FORM
10-Q





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





For the
quarterly period ended March 31,
2009





 ̈         TRANSITION
REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934





Commission
file number 333-150954





GLOBAL
RISK MANAGEMENT & INVESTIGATIVE SOLUTIONS








Nevada
              26-0674103(State
      or other jurisdiction of incorporation or organization)
              (I.R.S.
      Employer Identification No.)





3950
East Patrick Lane


Suite
101


Las
Vegas, Nevada  89120








(702)
798-0200








Indicate
by check mark whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90
days.              
     Yes x       No
 ̈





Indicate by check mark whether the
registrant is a large accelerated filer, an accelerated filer, a non-accelerated
filer, or a smaller reporting company. See the definitions of “large accelerated
filer,” “accelerated filer” and “smaller reporting company” in Rule
12b-2 of the Exchange
Act.




Large accelerated filer ̈
                  
                  Accelerated filer ̈Non-accelerated filer ̈
                  (Do not check if a smaller
      reporting company)
                  Smaller reporting
      companyx





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange
Act).                                                                                                                                                              
     Yes  x   
 No  ̈





The
number of shares of Common Stock, $0.001 par value, outstanding on May 20, 2009,
was 4,804,110.





PART
I – FINANCIAL INFORMATION


Item
1. Financial Statements





Global
Risk Management & Investigative Solutions


(a
Development Stage Company)


Condensed
Balance Sheets





March
      31,
                        
                        
                        December
      31,2009
                        
                        
                        2008(Unaudited)AssetsCurrent
      assets:Cash
                        
                        $
                        45,052
                        
                        
                        $
                        45,503Accounts
      receivable
                        
                        
                        261
                        
                        
                        
                        560Prepaid
      expenses
                        
                        
                        -
                        
                        
                        
                        1,500Total
      current assets
                        
                        
                        45,313
                        
                        
                        
                        47,563Total
      assets
                        
                        $
                        45,313
                        
                        
                        $
                        47,563Liabilities
      and Stockholders’ Equity (Deficit)Current
      liabilities:Accounts
      payable
                        
                        $
                        32,349
                        
                        
                        $
                        29,467Accrued
      expenses
                        
                        
                        9,970
                        
                        
                        
                        2,956Accrued
      compensation – related party
                        
                        
                        -
                        
                        
                        
                        31,250Total
      current liabilities
                        
                        
                        42,319
                        
                        
                        
                        63,673Stockholders’
      equity (deficit):Preferred
      stock, $0.001 par value, 10,000,000 shares authorized, no shares issued
      and outstanding
                        
                        
                        -
                        
                        
                        
                        -Common
      stock, $0.001 par value, 100,000,000 shares authorized, 4,804,110 and
      4,284,110 shares issued and outstanding as of March 31, 2009 and December
      31, 2008, respectively
                        
                        
                        4,804
                        
                        
                        
                        4,284Prepaid
      share based compensation
                        
                        
                        (62,500
                        )
                        
                        
                        -Additional
      paid in capital
                        
                        
                        356,223
                        
                        
                        
                        226,743(Deficit)
      accumulated during development stage
                        
                        
                        (295,533
                        )
                        
                        
                        (247,137
                        )Total
      stockholders’ equity (deficit)
                        
                        
                        2,994
                        
                        
                        
                        (16,110
                        )Total
      liabilities and stockholders’ equity (deficit)
                        
                        $
                        45,313
                        
                        
                        $
                        47,563





The
accompanying notes are an integral part of the condensed financial
statements.


1





Global
Risk Management & Investigative Solutions


(a
Development Stage Company)


Condensed
Statements of Operations


(Unaudited)





Three Months Ended
                  March 31,
                
                
                May 2, 2007
                  (Inception) to
                  March 31,2009
                
                
                2008
                
                
                2009Revenue
                
                $
                278
                
                
                $
                7,982
                
                
                $
                125,200Expenses:Direct
      costs
                
                
                1,255
                
                
                
                13
                
                
                
                107,232Direct
      Costs – related party
                
                
                93
                
                
                
                6,435
                
                
                
                15,792General
      and administrative expenses
                
                
                9,305
                
                
                
                1,003
                
                
                
                22,418Professional
      fees
                
                
                6,770
                
                
                
                37,000
                
                
                
                188,648Promotional
      and marketing
                
                
                -
                
                
                
                -
                
                
                
                24,057Executive
      compensation
                
                
                31,250
                
                
                
                -
                
                
                
                62,500Total
      expenses
                
                
                48,673
                
                
                
                44,451
                
                
                
                420,647Net
      operating (loss)
                
                
                (48,395
                )
                
                
                (36,469
                )
                
                
                (295,447
                )Other
      income (expense):Interest
      expense
                
                
                (1
                )
                
                
                (32
                )
                
                
                (86
                )Total
      other (expense)
                
                
                (1
                )
                
                
                (32
                )
                
                
                (86
                )Net
      (loss)
                
                $
                (48,396
                )
                
                $
                (36,501
                )
                
                $
                (295,533
                )Weighted
      average number of common shares outstanding - basic and fully
      diluted
                
                
                4,718,554
                
                
                
                4,060,511Net
      (loss) per share - basic and fully diluted
                
                $
                (0.01
                )
                
                $
                (0.01
                )





The
accompanying notes are an integral part of these condensed consolidated
financial statements.


2


Global
Risk Management & Investigative Solutions


(a
Development Stage Company)


Condensed
Statements of Cash Flows





(Unaudited)





Three Months Ended
                  March 31,
                
                
                May 2, 2007
                  (Inception) to
                  March 31,2009
                
                
                2008
                
                
                2009Cash
      flows from operating activitiesNet
      (loss)
                
                $
                (48,396
                )
                
                $
                (36,501
                )
                
                $
                (295,533
                )Shares
      issued for services
                
                
                31,250
                
                
                
                -
                
                
                
                57,153Adjustments
      to reconcile net (loss) to net cash (used) in operating
      activities:Accounts
      receivable
                
                
                299
                
                
                
                (4,062
                )
                
                
                (261
                )Prepaid
      expenses
                
                
                1,500
                
                
                
                (139
                )
                
                
                -Accounts
      payable
                
                
                2,882
                
                
                
                2,554
                
                
                
                32,348Accrued
      expenses
                
                
                7,014
                
                
                
                237
                
                
                
                9,970Accrued
      compensation – related party
                
                
                -
                
                
                
                -
                
                
                
                31,250Net
      cash (used) by operating activities
                
                
                (5,451
                )
                
                
                (37,911
                )
                
                
                (165,073
                )Cash
      flows from financing activitiesIssuance
      of common stock
                
                
                5,000
                
                
                
                35,125
                
                
                
                210,125Net
      cash provided by financing activities
                
                
                5,000
                
                
                
                35,125
                
                
                
                210,125Net
      increase (decrease) in cash
                
                
                (451
                )
                
                
                (2,786
                )
                
                
                45,052Cash,
      beginning
                
                
                45,503
                
                
                
                135,002
                
                
                
                -Cash,
      ending
                
                $
                45,052
                
                
                $
                132,216
                
                
                $
                45,052Supplemental
      disclosures:Interest
      paid
                
                $
                1
                
                
                $
                32
                
                
                
                86Income
      taxes paid
                
                $
                -
                
                
                $
                -
                
                
                
                -Non-cash
      disclosures:Shares
      issued for accrued compensation – related party
                
                $
                31,250
                
                
                $
                -
                
                
                $
                31,250Shares
      issued for services
                
                $
                -
                
                
                $
                -
                
                
                $
                25,903Shares
      issued for prepaid compensation – related party
                
                $
                62,500
                
                
                $
                -
                
                
                $
                62,500





The
accompanying notes are an integral part of the condensed consolidated financial
statements.


3


Global
Risk Management & Investigative Solutions


(a
Development Stage Company)


Notes
to Condensed Financial Statements





Note 1- Basis of
Presentation





The
unaudited condensed financial statements have been prepared in accordance with
United States generally accepted accounting principles for interim financial
information and with the instructions to Form 10-Q and reflect all adjustments
which, in the opinion of management, are necessary for a fair
presentation.  All such adjustments are of a normal recurring
nature.  The results of operations for the interim period are not
necessarily indicative of the results to be expected for a full
year.  Certain amounts in the prior year statements have been
reclassified to conform to the current year presentations.  The
statements should be read in conjunction with the financial statements and
footnotes thereto included in our annual report on form 10-K for the year ended
December 31, 2008.





Note 2 – Going
concern





The
accompanying financial statements have been prepared on a going concern basis,
which contemplates the realization of assets and the satisfaction of liabilities
in the normal course of business. The Company has incurred a cumulative net loss
of approximately $295,533 and working capital of $2,994 as of the three months
ended March 31, 2009.





These
conditions give rise to doubt about the Company’s ability to continue as a going
concern. These financial statements do not include adjustments relating to the
recoverability and classification of reported asset amounts or the amount and
classification of liabilities that might be necessary should the Company be
unable to continue as a going concern. The Company’s continuation as a going
concern is dependent upon its ability to obtain additional financing or sale of
its common stock as may be required and ultimately to attain
profitability.





Management’s
plan, in this regard, is to raise financing of approximately $500,000 through a
combination of equity and debt financing. Management believes this amount will
be sufficient to finance the continuing development for the next twelve months.
However, there is no assurance that the Company will be successful in raising
such financing.





Note 3 – Stockholders’
equity





We are
authorized to issue 10,000,000 shares of $0.001 par value preferred stock and
100,000,000 shares of $0.001 par value common stock.





In August
2007, we issued 3,500,000 founders shares for cash in the amount of
$35,000.





In
November 2007, we issued 440,000 shares of our common stock pursuant to
subscription agreements for cash totaling $110,000.





In
December 2007, we issued 100,000 shares of our common stock pursuant to
subscription agreements for cash totaling $25,000.


4





In March
2008, we issued 140,500 shares of our common stock pursuant to subscription
agreements for cash totaling $35,125.





In
September 2008, we issued 103,610 shares of our common stock pursuant to a
retainer agreement with our securities counsel. We recorded professional fees in
the amount of $25,903 representing the fair value of the shares
issued.





On
February 3, 2009, we issued 500,000 shares of our common stock to our President
and CEO valued at $125,000 in lieu of his initial base annual salary for the
period beginning on October 2008 through October of 2009. We have recorded
executive compensation of $31,250 for services received through March 31, 2009
and prepaid compensation in the amount of $62,500 representing the unearned
portion through October 2009. In addition, we have converted the previously
accrued and unpaid compensation of $31,250.





On March
2, 2009, we sold 20,000 shares of our common stock for cash totaling $5,000 to
an individual.





Note 4 – Related party
transactions





On
November 15, 2007, we entered into a “Strategic Alliance Agreement” with our
founding shareholders. Pursuant to this agreement we agreed to facilitate a
business development program whereby Global Risk Management would accept
referrals from each founding member in exchange for a 5% referral fee. Further,
in the event the referred services are to be performed by a member of the
strategic alliance team, that member will receive approximately 90% of the
proceeds received from the referral. During the periods ended March 31, 2009 and
2008, we paid referral fees to our founders pursuant to the strategic alliance
agreement, totaling $93 and $6,435, respectively.


5


FORWARD-LOOKING
STATEMENTS





This
document contains “forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements other than statements
of historical fact are “forward-looking statements” for purposes of federal and
state securities laws, including, but not limited to, any projections of
earnings, revenue or other financial items; any statements of the plans,
strategies and objections of management for future operations; any statements
concerning proposed new services or developments; any statements regarding
future economic conditions or performance; any statements or belief; and any
statements of assumptions underlying any of the foregoing.





Forward-looking
statements may include the words “may,” “could,” “estimate,” “intend,”
“continue,” “believe,” “expect” or “anticipate” or other similar words. These
forward-looking statements present our estimates and assumptions only as of the
date of this report. Accordingly, readers are cautioned not to place undue
reliance on forward-looking statements, which speak only as of the dates on
which they are made. We do not undertake to update forward-looking statements to
reflect the impact of circumstances or events that arise after the dates they
are made. You should, however, consult further disclosures we make in this
Quarterly Report on Form 10-Q, Annual Report on Form 10-K and Current Reports on
Form 8-K.





Although
we believe that the expectations reflected in any of our forward-looking
statements are reasonable, actual results could differ materially from those
projected or assumed in any of our forward-looking statements. Our future
financial condition and results of operations, as well as any forward-looking
statements, are subject to change and inherent risks and uncertainties. The
factors impacting these risks and uncertainties include, but are not limited
to:





·
            deterioration
      in general or regional economic, market and political
      conditions;


·
            our
      ability to diversify our
operations;


·
            actions
      and initiatives taken by both current and potential
      competitors;


·
            inability
      to raise additional financing for working
  capital;


·
            the
      fact that our accounting policies and methods are fundamental to how we
      report our financial condition and results of operations, and they may
      require management to make estimates about matters that are inherently
      uncertain;


·
            adverse
      state or federal legislation or regulation that increases the costs of
      compliance, or adverse findings by a regulator with respect to existing
      operations;


·
            changes
      in U.S. GAAP or in the legal, regulatory and legislative environments in
      the markets in which we operate;


·
            inability
      to efficiently manage our
operations;


·
            inability
      to achieve future operating
results;


·
            the
      unavailability of funds for capital
  expenditures;


·
            our
      ability to recruit and hire key
employees;


·
            the
      inability of management to effectively implement our strategies and
      business plans; and


·
            the
      other risks and uncertainties detailed in this
  report.


6


For a
detailed description of these and other factors that could cause actual results
to differ materially from those expressed in any forward-looking statement,
please see “Risk Factors” in this document and in our Annual Report on Form 10-K
for the year ended December 31, 2008.





In this
form 10-Q references to “Global Risk”, “Global”, “the Company”, “we,” “us,”
“our” and similar terms refer to Global Risk Management & Investigative
Solutions.





Item
2. Plan of Operations.





OVERVIEW
AND OUTLOOK





Global is
a development stage company incorporated in the State of Nevada in May of 2007.
We were formed to provide investigative, technical IT, background, document
verification, and data banks of security information to a wide range of
clients.





On
November 15, 2007, we entered into a Strategic Alliance Agreement with Global
Intelligence Network, a Nevada corporation, Attorney’s Process &
Investigation Services, Inc., a Wisconsin corporation, Griffin Investigations, a
Nevada corporation, AmericanChecked, Inc., a Oklahoma corporation, GGS-US Ltd.,
a Nevada corporation, International Investigative Solutions, a Nevada
corporation and Veridocs (formerly AP-ID Incorporated), a Nevada corporation
(hereinafter referred to individually as “Member” and collectively as
“Members”), whereas the Members and Global agreed to market and perform certain
complementary business consulting services.





As a
result of the Strategic Alliance Agreement we have become a one source risk
management and security solution for multiple industries.





In
September of 2008, Mr. Steve Toneguzzo, a director of the Company and President
of GGS-US Ltd., a Member pursuant to the Strategic Alliance Agreement, resigned
his position as a director of the Company and requested to be terminated from
the Strategic Alliance Agreement. As a result of Mr. Toneguzzo’s resignation the
Company and the Members entered into an addendum to the Strategic Alliance
Agreement to replace GGS-US Ltd. as a member with Spriggs Inc., a private
investigations and security firm specializing in high end retail and executive
protection. Spriggs Inc., is licensed in multiple states with international
capabilities.





Additionally,
in October 2008 the board of directors appointed Michael Spriggs, President of
Spriggs Inc. to serve on the Company’s board of directors.





Since our
inception on May 2, 2007 through March 31, 2009, we have generated $125,200 in
revenues and have incurred a net loss of $295,533.  For the year ended
December 31, 2008, we generated $120,587 in revenues and incurred a net loss of
$211,977.





On August
1, 2008, we agreed to provide international investigative consulting services to
a business organization in exchange for a monthly fee of $20,833. Pursuant to
the arrangement, we were to provide these services through December 31, 2008. We
have fulfilled the arrangement and recorded $104,165 in consulting
fees.


7





Operation
Plan





During
the next twelve months we plan to continue to focus our efforts on marketing our
risk management and security services.  In June 2008 we filed an S-1
registration statement to raise capital, and with the proceeds we expect to
raise, we believe will allow us to grow, although, of course, we cannot provide
any assurance that we will be able to grow as we currently
anticipate.





A few of the marketing plans we
contemplate utilizing during fiscal 2009 include:





·
            Attend
      and market our services at major trade shows such as
  G2E.


·
            Attend
      and present at major conferences and seminars such as the International
      Masters of Gaming Law.


·
            Attend
      and give presentation to the International Association of Casino Security
      in Panama City.


·
            Increase
      our representation in overseas markets such as Australia and
      Macau.


·
            Commence
      marketing to European markets.


·
            Seek
      to obtain contracts with Indian Gaming companies in the U.S. to expand our
      services to a variety of tribes such as the Potawatomi Tribal
      Nation.


·
            Advertise
      our services in publications such as Gaming Times
  Today.





Satisfaction
of our cash obligations for the next 12 months.





As of
March 31, 2009, our cash balance was $45,052. Our plan for satisfying our cash
requirements for the next twelve months is through the funds from our offering,
third party financing, and/or traditional bank financing. We anticipate
sales-generated income during that same period of time, but do not anticipate
generating sufficient amounts of revenues to meet our working capital
requirements. Consequently, we intend to make appropriate plans to insure
sources of additional capital in the future to fund growth and expansion through
additional equity or debt financing or credit facilities.




Since
inception, we have financed cash flow requirements through the issuance of
common stock for cash and services. As we continue to expand operational
activities, we may continue to experience net negative cash flows from
operations, pending receipt of revenues from our services, and will be required
to obtain additional financing to fund operations through common stock offerings
and debt borrowings, giving consideration to loans and working diligently to
move sales ahead to the extent necessary to provide working
capital.




We
anticipate incurring operating losses over the majority of the next twelve
months. Our lack of operating history makes predictions of future operating
results difficult to ascertain. Our prospects must be considered in light of the
risks, expenses and difficulties frequently encountered by companies in their
early stage of development. Such risks include, but are not limited to, an
evolving and unpredictable business model and the management of growth. To
address these risks we must, among other things, implement and successfully
execute our business and marketing strategy, continue to develop and upgrade
technology and products, respond to competitive developments, and continue to
attract, retain and motivate qualified personnel. There can be no assurance that
we will be successful in addressing such risks, and the failure to do so can
have a material adverse effect on our business prospects, financial condition
and results of operations.


8





As a
result of our cash requirements and our lack of revenues, we anticipate
continuing to issue stock in exchange for loans and/or equity financing, which
may have a substantial dilutive impact on our existing
stockholders.





Going
Concern




The
consolidated financial statements included in this filing have been prepared in
conformity with generally accepted accounting principles that contemplate the
continuance of Global as a going concern. Global may not have a sufficient
amount of cash required to pay all of the costs associated with operating and
marketing of its services. Management intends to use borrowings and security
sales to mitigate the effects of cash flow deficits, however no assurance can be
given that debt or equity financing, if and when required, will be available.
The financial statements do not include any adjustments relating to the
recoverability and classification of recorded assets and classification of
liabilities that might be necessary should Global be unable to continue
existence.





Summary
of product and research and development that we will perform for the term of our
plan.





We do not
anticipate performing any significant product research and development under our
plan of operation. In lieu of product research and development we anticipate
maintaining control over our advertising to assist us in determining the
allocation of our limited advertising dollars.





Expected
purchase or sale of plant and significant equipment.





We do not
anticipate the purchase or sale of any plant or significant equipment, as such
items are not required by us at this time or in the next 12 months.





Significant
changes in the number of employees.





We are a
development stage company and as of December 31, 2008, we did not have any
employees, other than Kyle Edwards, our President and Chief Executive Officer.
We look to our officers and directors who collectively have a varied background
in law enforcement, security, internet security and technology, loss prevention,
background screening, private investigations, due diligence, customer service
evaluations, and regulatory compliance.  We do not anticipate hiring
employees over the next 12 months.  We intend to use the services of
consultants to perform various professional services.  We believe that
this use of third-party service providers may enhance our ability to contain
general and administrative expenses.


9


Employment
Agreement





Kyle Edwards. On October 10,
2008, we executed an employment agreement with our President and CEO, Kyle
Edwards, wherein Mr. Edwards agreed to serve as the Company’s Chief Operating
Officer to supervise and control all of the business and affairs of the Company.
The term of the agreement commenced on October 10, 2008 and shall continue until
October 10, 2009. The term of the agreement shall automatically be extended for
additional two (2) year renewal terms unless earlier terminated. We agreed to
compensate Mr. Edwards an initial base salary of $125,000. Upon the first
renewal, annual compensation shall increase to $135,000 and upon the third
renewal, annual compensation shall increase to $175,000.  On February
3, 2009, we issued 500,000 shares of restricted common stock at $0.25 per share
to Mr. Edwards in accordance with provisions of Mr. Edwards’ employment
agreement. The 500,000 shares were issued in lieu of Mr. Edwards’ initial base
annual salary of $125,000 for the period beginning on October 2008 through
October 2009.





Liquidity
and Capital Resources





Cash will
be increasing primarily due to the receipt of funds from this offering to offset
our near term cash equivalents. Since inception, we have financed our cash flow
requirements through issuance of common stock. As we expand our activities, we
may, and most likely will, continue to experience net negative cash flows from
operations, pending receipt of listing or some form of advertising revenues.
Additionally we anticipate obtaining additional financing to fund operations
through common stock offerings, to the extent available, or to obtain additional
financing to the extent necessary to augment our working capital.





We
anticipate that we will incur operating losses in the next twelve months. Our
lack of operating history makes predictions of future operating results
difficult to ascertain. Our prospects must be considered in light of the risks,
expenses and difficulties frequently encountered by companies in their early
stage of development, particularly companies in new and rapidly evolving
markets. Such risks for us include, but are not limited to, an evolving and
unpredictable business model and the management of growth. To address these
risks, we must, among other things, obtain a customer base, implement and
successfully execute our business and marketing strategy, continually develop
and upgrade our website, provide national and regional industry participants
with an effective, efficient and accessible website on which to promote their
products and services through the Internet, respond to competitive developments,
and attract, retain and motivate qualified personnel. There can be no assurance
that we will be successful in addressing such risks, and the failure to do so
can have a material adverse effect on our business prospects, financial
condition and results of operations.





Off-Balance
Sheet Arrangements





We do not
have any off-balance sheet arrangements that have or are reasonably likely to
have a current or future effect on our financial condition, changes in financial
condition, revenues or expenses, results or operations, liquidity, capital
expenditures or capital resources that is material to
investors.


10





Item
3.Quantitative
and Qualitative Disclosures about Market Risk.





Not
applicable.




Item
4T. Controls and Procedures.





Our Chief
Executive Officer, Kyle Edwards and Principal Financial Officer, Peter Maheu,
have evaluated the effectiveness of our disclosure controls and procedures (as
defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended)
as of the end of the period covered by this Report.  Based on that
evaluation, Messrs. Edwards and Maheu concluded that our disclosure controls and
procedures are effective in timely alerting them to material information
relating to us (including our consolidated subsidiaries) required to be included
in our periodic SEC filings and in ensuring that information required to be
disclosed by us in the reports that we file or submit under the Act is
accumulated and communicated to our management, including our principal
executive and principal financial officer, or persons performing similar
functions, as appropriate to allow timely decisions regarding required
disclosure.





Changes
in Internal Control Over Financial Reporting





There
were no changes in our internal control over financial reporting that occurred
during our most recent fiscal quarter that have materially affected, or are
reasonably likely to materially affect, our internal control over financial
reporting.





PART
II—OTHER INFORMATION





Item
1.  Legal Proceedings.





We may become involved in various
routine legal proceedings incidental to our business. However, to our knowledge
as of the date of this report, there are no material pending legal proceedings
to which we are a party or to which any of our property is subject.




Item
1A. Risk Factors.





Our
significant business risks are described in Item 1A to Form 10-K for the
year ended December 31, 2008 to which reference is made
herein.





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





On March 2, 2009, we issued 20,000
shares of restricted common stock at $0.25 per share to an individual for cash
totaling $5,000. We believe that the issuance and sale of the shares was exempt
from the registration and prospectus delivery requirements of the Securities Act
of 1933 by virtue of Section 4(2). The recipient of the shares was afforded an
opportunity for effective access to our files and records that contained the
relevant information needed to make his investment decision, including the
financial statements and 34 Act reports. We reasonably believed that the
recipient, immediately prior to the sale of the shares, had such knowledge and
experience in his financial and business matters that he was capable of
evaluating the merits and risks of his investment. The recipient had the
opportunity to speak with our management on several occasions prior to his
investment decision.


11





Issuer
Purchases of Equity Securities





We did not repurchase any of our equity
securities during the quarter ended March 31, 2009.





Item
3. Defaults Upon Senior Securities.





None.





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





We did not submit any matters to a vote
of our security holders during the first quarter of 2009.





Item
5. Other Information.





None.





Item
6.  Exhibits.





Incorporated by referenceExhibit
                                                
                                                Exhibit Description
                                                
                                                Filed
                                                  herewith
                                                
                                                Form
                                                
                                                Period
                                                  ending
                                                
                                                Exhibit
                                                
                                                Filing
                                                  date3.1(i)(a)
                                                
                                                Articles
      of Incorporation dated May 2, 2007
                                                
                                                
                                                
                                                S-1
                                                
                                                
                                                
                                                3.1(i)(a)
                                                
                                                05/16/083.1(ii)(a)
                                                
                                                Bylaws
                                                
                                                
                                                
                                                S-1
                                                
                                                
                                                
                                                3.1(ii)(a)
                                                
                                                05/16/0810.1
                                                
                                                Strategic
      Alliance Agreement dated November 15, 2007
                                                
                                                
                                                
                                                10-K
                                                
                                                12/31/08
                                                
                                                10.1
                                                
                                                04/14/0910.2
                                                
                                                Employment
      Agreement with Kyle Edwards
                                                
                                                
                                                
                                                10-K
                                                
                                                12/31/08
                                                
                                                10.2
                                                
                                                04/14/0931.1
                                                
                                                Certification
      of Kyle Edwards pursuant to Section 302 of the Sarbanes-Oxley
      Act
                                                
                                                X31.2
                                                
                                                Certification
      of Peter Maheu pursuant to Section 302 of the Sarbanes-Oxley
      Act
                                                
                                                X32.1
                                                
                                                Certification
      of Kyle Edwards pursuant to Section 906 of the Sarbanes-Oxley
      Act
                                                
                                                X32.2
                                                
                                                Certification
      of Peter Maheu pursuant to Section 906 of the Sarbanes-Oxley
      Act
                                                
                                                X


12


SIGNATURES





In accordance with the requirements of
the Exchange Act, the registrant caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.





GLOBAL
RISK MANAGEMENT & INVESTIGATIVE SOLUTIONS


(Registrant)





By:
            /s/ Peter MaheuPeter
      Maheu, Principal Financial Officer(On
      behalf of the Registrant and as Principal FinancialOfficer)




Date: May
20, 2009


13