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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FIREBIRD GLOBAL MASTER FUND LTD
2. Issuer Name and Ticker or Trading Symbol

GLOBAL GOLD CORP [ GBGD.OB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

152 WEST 57TH STREET, 24TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

6/23/2010
(Street)

NEW YORK, NY 10019
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001   6/23/2010     S    73133   D $.0526   5226867   D   (1) (2)
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Firebird Global Master Fund, Ltd. ("Firebird Global Fund") holds the shares of the Issuer reported herein. FGS Advisors LLC ("FGS") acts as the investment adviser to Firebird Global Fund and has voting and investment control with respect to the shares that it holds. FGS is controlled by Harvey Sawikin ("Mr. Sawikin") and James Passin ("Mr. Passin"). Mr. Sawikin and Mr. Passin also control other investment advisers to certain investment funds (together with Firebird Global Fund, the "Funds") that directly hold shares of the Issuer not reported herein. Certain of the Funds individually hold more than 10% of the Issuer's outstanding Common Stock, however no Fund has a pecuniary interest in the shares held by any other Fund. The Reporting Persons disclaim beneficial ownership of all shares reported herein except to the extent of any pecuniary interest therein and this filing should not be deemed an admission of beneficial ownership for Section 16 purposes or any other purposes.
( 2)  Ian Hague ("Mr. Hague") is a principal of FGS, and is also a director of the Issuer. Mr. Hague has separately filed a Form 3 and certain Form 4s disclosing his personal holdings of the securities of the Issuer. Mr. Hague disclaims beneficial ownership of all shares except to the extent of any pecuniary interest therein and this filing should not be deemed an admission of beneficial ownership for Section 16 purposes or any other purposes.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FIREBIRD GLOBAL MASTER FUND LTD
152 WEST 57TH STREET, 24TH FLOOR
NEW YORK, NY 10019

X

FGS ADVISORS LLC
152 WEST 57TH STREET, 24TH FLOOR
NEW YORK, NY 10019

X

Sawikin Harvey
152 WEST 57TH STREET, 24TH FLOOR
NEW YORK, NY 10019

X

Passin James
152 WEST 57TH STREET, 24TH FLOOR
NEW YORK, NY 10019

X

Hague Ian
152 WEST 57TH STREET, 24TH FLOOR
NEW YORK, NY 10019
X X


Signatures
/s/ Harvey Sawikin, for himself, as Manager of FGS Advisors, LLC and as Director of Firebird Global Master Fund, Ltd. 6/25/2010
** Signature of Reporting Person Date

/s/ James Passin, for himself, as Manager of FGS Advisors, LLC and as Director of Firebird Global Master Fund, Ltd. 6/25/2010
** Signature of Reporting Person Date

/s/ Ian Hague 6/25/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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