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Sunday, 05/05/2013 11:08:27 AM

Sunday, May 05, 2013 11:08:27 AM

Post# of 74539
This is invaluable GLER DD that you must read! I would like to invite you to the roiresearch GLER collection.

The argument seems to be 'what makes it different this time?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87489204

The Harlands have single handily destroyed every acquisition ever announced, so there will be skeptics

I referenced a TV show called "Shark Tank" yesterday - for anyone who does not know what this is, it's when up and coming companies or ideas are looking for money to fund their venture, but by doing so, they sometimes give up part, most, or even all of their company just to get the payday. So what does this have to do with GLER?

If you read the last 8K, you'll see that Frankel is investing $2 million into GLER. Logic says if there are 497,000,000 shares o/s, then he must have paid .004 to do this. Next we see that $1 million stays with the registrant and $1 million goes to the Harlands. Then we also see the super voting rights the Harlands had get smashed into 1/5 of what they used to have. They had 1.5 billion voting shares, but now they just have 10% of the a/s. So before they have over 100% control, yes over 100% control since they were only 800,000,000 a/s, now they are the minority in GLER.

So back to "shark tank" and it's relevance to GLER. The Harlands went to the sharks, gave up all their management position and super voting rights for some money and shares. They have been trying and trying to find a way to profit big time from GLER and they just took their payday. Oh yes, and as part of their payday, they have to take their Knightsbrige Lawsuit with them and get it off our books. They legal expense no longer belongs to GLER. That belongs solely to the Harlands

Can anyone tell me what makes it different this time after going through the 8k again? That's right, the Harlands are out of control and Frankel and his management team are taking over as of May 15th. We've already heard about 2 income producing acquisitions with more on the way. The properties were partially acquired due to the fact the Seller's will hold the mortgage making it easy for Frankel/Gler to get these properties with little money down. What money you say? Frankel just sank $1 million into Gler's bank account

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Frankel is a mastermind at putting deals together
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87583675

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.

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Name Change/Ticker Symbol
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87583298

Net Profit Close to 1.8 Million
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87569654

Net Income $787,000 on Property
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87439967

GLER=.25!!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87412879

GLER will be Clean, May 25th!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87379091

Are You Scared?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87333769

Goodbye Harlands!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87333658

Goodbye Knightsbridge (lawsuit for Harlands Only!)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87281173

Change in Volume, Pre-Mack Frankel (someone's buying)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87032575

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