None of the previously incurred debt matters here with GLER after I spoke to Rich Kaiser at 757-306-6090 about that debt. He informed me that all of that debt will be paid off with cash right before Hawk rolls up into GLER as I had explained within the post below: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92496377
So far GLER has been above board with all that have been recently transpiring so time will tell if they continue. So far so good as indicative from where it has grown from a few weeks ago. That money to pay off that debt is going to come from the $10 Million from Hawk as indicated within the PR below:
… GLER believes that HAWK intends to use existing credit facilities for more than $10 million to complete this transaction and similar transactions going forwards…
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.