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Re: terry_mathews post# 23588

Tuesday, 09/10/2013 9:29:24 AM

Tuesday, September 10, 2013 9:29:24 AM

Post# of 74539
The .0555 GLER Valuation from the Recent News…

Based upon the deal making Hawk a partner with GLER, it confirmed that the OS is roughly around 1,070,135,480 shares. The recent GLER PR below stated that the four acquisitions for 2012 had annual EBITA profits of $4 million:
http://ih.advfn.com/p.php?pid=nmona&article=59127679&symbol=GLER

Since GLER is going to be the incubator of which these acquisitions will be placed, we can derive a fundamental valuation to be as such…

1,070,135,480 shares ÷ $4,000,000 Annual EBITA Profits = .0037 EPS EBITA

Considering the variety of industries that each of the acquisitions would exist within, I think it’s safe to use 15 as the P/E Ratio to determine a value of where GLER should exist to trade upon closing of these acquisitions…

.0037 EPS EBITA x 15 P/E Ratio = .0555 per share

So, in my opinion, I think this is why Hawk set a baseline within the filing that I talked about when referring to such within the post below of .02 per share:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91710688

Now when you throw in the $17 Million in Tax Incentives that was mentioned on top of this .0555 per share valuation, I think I see what Hawk and GLER are both seeing. In the long run, they win.

v/r
Sterling

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