Global Earth Energy Inc. (fka GLER)

[roiresearch]

Frankel is a mastermind at putting deals together

He's putting deals together to make GLER profitable when he takes over as CEO on May 15th. He's working deals that value GLER anywhere from .25 to .36 per share.

You can follow along in the May 3rd 8K
Link

Item 1.01.
Entry into a Material Definitive Agreement

The Naylor Street Property
Purchase Price: $2.5 million
Closing: May 24, 2013
Does the property have a mortgage: NO
Net Operating Income: $169,477.00
Form of Payment: 10 million shares of GLER
Value of GLER shares: .25 (10,000,000 x .25)
The registrant agreed to pay more than the appraised value due to the fact that Premier will not require any cash payment for the purchase of the Naylor Street Property. Instead, Premier is willing to accept the registrant’s convertible promissory note in full payment of the purchase price.

The Honeywell Apartment Complex
Purchase Price: $26,000,000
Closing: June 14, 2013
Does the property have a mortgage: $16,939,016.99
Mortgage Payments: $912,765.00 annually
Net Operating Income: $787,235.00
Form of Payment: 25 million shares and assumption of mortgage
Shares convertible to what price: $9,070,000
Value of GLER shares: .36 (25,000,000 x .36)

Sunrise Highway Office Building
Purchase Price: $8,700,000
Closing: Not Set
Does the property have a mortgage: $5,000,000.00
Mortgage Payments: $242,748.00 annually
Net Operating Income: $837,252.00
Form of Payment: 12,000,000 shares and assumption of mortgage
Shares convertible to what price: $3,700,000
Value of GLER shares: .308 (12,000,000 x .308)

Mainline is controlled by Meier Frankel, a director of the registrant. In addition, Mr. Frankel has executed an agreement to purchase control of the registrant, as reported in our Form 8-K filed on April 26, 2013.