Global Earth Energy, Inc.'s Partner Hawk Manufacturing Finalizing Agreements on Four Businesses in Three States
Global Earth Energy, Inc. (OTCQB:GLER) partner HAWK Manufacturing (HAWK) continues to work on reaching acquisition agreements with four businesses in three states. These businesses had combined 2012 annual revenues of $27 million and 2012 annual EBITA profits of $4 million. Expecting to close these acquisitions before the end of 2013, HAWK anticipates using existing financial facilities of more than $10 million to close on these transactions.
The acquired companies will be announced upon successful closing and transition of management teams, a confidentiality agreement remains in place until then.
These businesses are diverse in geography and operations, includes oilfield services to both the Permian Basin and Eagle Ford oil ranges with "Master Service Agreements" in-place with major oil production companies.
GLER further reports that In addition to HAWK's intended direct services to the oil field sector, including drilling services, and transportation services, HAWK is working to acquire a company that makes products for industrial food distribution.
HAWK reported to GLER that it is working with the various state and local agencies to expand operations and bring new employment to the areas; HAWK is negotiating incentives at the state and local level that could total more than $17 million in tax incentives and other benefits.
GLER believes that HAWK intends to use existing credit facilities for more than $10 million to complete this transaction and similar transactions going forwards, and intends to work with various states and local governments and finance authorities on tax incentives, and direct benefits that could top more than $40 million over the life of the company.
Hawk Manufacturing is a privately held corporation looking to complete a roll-up of the plastics and metals manufacturing industries. The objective of Hawk is to combine several metals and plastics fabrication businesses under a single operating company in order to achieve the following:
Expand current operations through strategic capital and other resource infusions Diversify current operations by leveraging acquisition customer codes and relationships Leverage customer relationships with companies like Delta Airlines, US Airways, John Deer and others to generate additional business. Increase geographic coverage by launching satellite operations Leverage synergies across all operations through purchasing economies of scale, consolidation of support operations, and other resource sharing
For more information about Global Earth Energy please contact Rich Kaiser, YES INTERNATIONAL, Business Consultant, 757-306-6090.
For more information about Hawk Manufacturing, please contact John M. Ragsdale, CEO, Hawk Manufacturing at 515-230-8076.
This news release contains forward-looking statements which involve known and unknown risks, delays, and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward-looking statements.
CONTACT: Rich Kaiser YES INTERNATIONAL 757-306-6090
Post # of 24492 Belgianshareholder, here's what was directly confirmed...
We are fine here with GLER in my opinion. Here is what John M. Ragsdale, CEO, Hawk Manufacturing at 515-230-8076 confirmed directly with me after I personally called and spoke to him which is directly from the PR as he told me to reference the PR for what is happening...
ih.advfn.com/p.php?pid=nmona&article=59127679 GLER believes that HAWK intends to use existing credit facilities for more than $10 million to complete this transaction and similar transactions going forwards, and intends to work with various states and local governments and finance authorities on tax incentives, and direct benefits that could top more than $40 million over the life of the company.
JACKSONVILLE, FL, February 01, 2013 /24-7PressRelease/ -- CustomerVision LLC (CustomerVision) announced today that it has signed a Special Private Placement Agreement (SPPA) for USD ($5,000,000) of equity line funding with Lambert Private Equity LLC (LAMBERT).
CustomerVision's President and CEO, John M. Ragsdale: "This funding agreement with LAMBERT will be instrumental in the expansion of our projects."
CustomerVision's plan in the use of these funds is for growth of the company and additional bolt-on acquisitions as the opportunities present themselves. The funding structure is a 3 year facility. Lambert funds public companies with market capitalizations under $1 billion, as well as private companies that will be listed on a securities exchange within one year of a funding commitment. Lambert will invest in all sectors including infrastructure, manufacturing, construction, mining, communications, healthcare, energy and finance. CustomerVision's President and CEO, John M. Ragsdale: "This funding agreement with LAMBERT will be instrumental in the expansion of our projects. CustomerVision is excited to partner with Lambert Private Equity as we move forward with the establishment and expansion of our manufacturing facility in Georgia."
About CustomerVision LLC CustomerVision LLC, through its Hawk Manufacturing will manufacture products for the automotive aftermarket, farm tools market, recreation, outdoors and marine markets as well a patented trailer and over 25 other major products. The company will also manufacture many smaller accessories (like plastic wheels for gates and lawn mowers) for general distribution and/or specific clients. The company is acquiring the license to or outright acquiring a number of patents that we will continue to expand the scope of.
The company will make the following core products as well as over 30 other products: 1. The quickest and easiest to install version is a version that slides in and out of the pick-up truck, uses hydraulics to lift, weighs only 65 pounds and can lift over 5,000 lbs. This product will be called Dump-Hog. 2. The second version is an ingenious pneumatic device is invisible when not in use, weighs only 120 pounds when installed, and is virtually maintenance free. The concept of the pneumatic hoist was pioneered in New Zealand in the late 70's and early 80s. This device utilized the exhaust gasses of the applied vehicle to fill the lifting envelope and hoist the bed. The obvious perils of the original concept have been ironed out with the inclusion of an on-board air compressor. This product will be called Dump-Hog Extreme. 3. The company will manufacture plastic tool boxes for a large and respected automotive aftermarkets company. 4. We will manufacture a set of farm tools. These tools could possibly be called Farm Hog. 5. We will manufacture a patented towable trailer that does not jack-knife that went through the Wal-Mart innovation network and was rated one of the most innovative products they have ever seen. The product could be called the Haul Hog.
About Lambert Private Equity LLC Lambert Private Equity LLC invests though its unique equity and equity-linked structures in publicly traded companies around the globe. Lambert Private Equity LLC generally looks to invest amounts from $10 million up to $500 million directly into listed companies for a variety of activities including working capital, accretive EBITDA acquisitions and other growth opportunities. We focus on equity investments in public companies as well as private companies that will be listed on a securities exchange within six months of a funding commitment. Lambert Private Equity LLC has no outside investors and is considered a private group run by its principals, similar to a merchant bank that invests its own capital and as such it is seeking capital appreciation through the identification and funding of growth companies. Lambert Private Equity LLC is not an underwriter and the funding it provides is based on specific terms and conditions, including the price and volume of the company's shares once the company is publicly listed. Lambert Private Equity LLC does not provide volume, liquidity, investor relations or public relations services. www.lambertfunds.com Forward Looking Statements The information in this press release contains "forward-looking statements" and are inherently susceptible to uncertainty and changes in circumstances. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often include words such as "anticipates," "estimates," "expects," "intends," "objective", "believes" and words and terms of similar substance in connection with discussions of future operating or financial performance. The Company's forward-looking statements are based on management's current expectations and assumptions regarding the Company's business and performance, the economy and other future conditions and forecasts of future events, circumstances and results. The Company's actual results may vary materially from those expressed or implied in its forward-looking statements. Important factors that could cause the Company's actual results to differ materially from those in its forward-looking statements include government regulation, economic, strategic, political and social conditions and other associated factors.
Contact Information: John M. Ragsdale (515) 230-8076
Lambert Private Equity LLC generally looks to invest amounts from $10 million up to $500 million directly into listed companies for a variety of activities including working capital, accretive EBITDA acquisitions and other growth opportunities.
We focus on equity investments in public companies as well as private companies that will be listed on a securities exchange within six months of a funding commitment.
Lambert Private Equity LLC has no outside investors and is considered a private group run by its principals, similar to a merchant bank that invests its own capital and as such it is seeking capital appreciation through the identification and funding of growth companies.
Investment Partner
Joseph N. Lambert, Chief Investment Officer, Lambert Private Equity LLC
Mr. Lambert is the principal and portfolio manager for Lambert Capital Management (LCM). Joe leads the firm which provides innovative, equity investment advisory services. LCM focuses on Asset Allocation and original security research as the foundation for superior risk adjusted portfolio returns. They provide portfolio management that are tailored, client-specific services to a variety of clients including corporations, private individuals, foundations and endowments. Current Assets under management total over $200 million. His first registration was originally with the SEC in 1988 and is a Registered Investment Advisor with the California State Department of Corporations. Over his 30 years in the investment field Mr. Lambert has refined the investment process as a portfolio manager at Lambert Capital Management.
Mr. Lambert started as a broker with E.F. Hutton & Co. in 1979 where he was recognized as a top level producer while managing and training brokers.
In Mr. Lambert ‘s career he has worked for several major Wall Street money management firms that had in excess of $10 billion of assets under management. At those firms he served on the investment committee providing analysis and research, managed portfolio’s, and managed marketing efforts. Those firms included Winrich Capital Management, Mellon Bank’s subsidiary Laurel Capital Advisors, Marty Zieg’s Avatar and Associates, Investco’s National Asset Management, Singular Research and Santa Barbara Securities. At Mellon Bank he was successful at raising $400 million in one and half years from a start up operation.
As a public speaker Mr. Lambert has conducted several hundred seminars related to investments for Foundations and Endowments, High Net Worth individuals, and Public Employee Retirement Systems. He has been a sought after speaker domestically as well as internationally. His presentations have been conducted worldwide in such places as Hong Kong, Singapore, Thailand, and Australia. While in Thailand he was recognized and quoted in their national print media. In Australia he was the only Money Manager invited to present at Merrill Lynch’s national conference.
Mr. Lambert’s efforts to help economically disadvantaged people around the world in the nonprofit sector have been of personal importance to him. He has served in positions as Chairman of the Board, President, Treasurer, and on the investment committee to such organizations as the SG Foundation and Operation Outreach. He has traveled globally to provide due diligence to these organizations to ensure that the funds being granted were utilized for their intended purposes.
As President of Refugio Ranches Mr. Lambert spearheaded the efforts to develop a 1,000 acre parcel which shared borders with the late President Ronald Regan’s western White House in the Santa Ynez Valley. During his tenure he was successful at creating a lot split, running a horse ranch operation, and negotiating all contracts for the sale of the properties.
Mr. Lambert holds a BA degree from Westmont College in Santa Barbara California and has done his graduate work at the University of Southern California (USC). While at USC he worked directly with the mayor of Los Angeles on energy and environmental issues and later in the Governor’s Office of Planning and Research in California as a budget and policy analyst on economic and business development. He was recognized and cited for his work on energy conservation by the Mayor of Los Angeles.
Experienced Manager and Executive, Visionary Technology Executive, Works to help businesses succeed
Charleston, South Carolina Area Automotive
Current
Hawk Manufacturing
CEO Hawk Manufacturing June 2013 – Present (4 months)Charleston, South Carolina Area
We are beginning the process of acquiring a number of manufacturing companies throughout the US to begin to form a new type of manufacturing company. We believe we can build a manufacturing company that supplies quality parts and products to companies all over the world from a predominantly US-based manufacturing base. We will employ quality workers, high technology, speed and lean management techniques to accomplish this.
We are looking for companies in the metals and plastics manufacturing business as well as some composite-based technologies.
CEO CustomerVision December 2011 – June 2013 (1 year 7 months)Charleston, South Carolina Area
Working to build a new management team, build sales and integrate new business into the CustomerVision portfolio of companies.
CustomerVision is in the process of acquiring a number of business in both the plastics business and the automotive business. We will be opening a new manufacturing facility that will make products for a number of industries including the automotive and outdoors industries. We have a number of patented products and we will continue to grow our product base through internal growth and external acquisitions.
CustomerVision will use its capital and management team to integrate these companies to find new revenue sources and grow the companies.
CustomerVision LLC, through its Hawk Manufacturing subsidiary, manufactures and assembles products for the automotive aftermarket, recreation, marine and farm tools markets. In addition, the company will also manufacture and assemble smaller accessories for specific clients and general distribution.
CustomerVision LLC is in the process of acquiring and/or licensing a number of companies and patents to expand the scope of their product offering.
Consultant enCapsa Corp. August 2011 – March 2012 (8 months)Jacksonville, Florida Area
Encapsa has the worldwide license of the patented enCapsa technology with an experienced professional marketing team. As COO I work with all aspects of our team to help make the company successful; from business development to strategic development to daily operations. As COO i am responsible to keep our senior leadership team informed on operations.
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