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I have sent two emails out asking a bit more specific questions. Got no answers. I'm thinking that we probably wont hear anythhing unil early next year depending upon how the development is going and how close they are to lunch phase one.
I also sent him a second email asking if he could compare bizzs.com to linkedin, salesforce and yacobian group. No answer so far.
There is a huge market for what Ron is doing. Ron might be on to something here.
Morning, Grats capt.
Here is the email that Ron sent to me answering a few question.
Ron Lindsay ron@1worldventures.net to me
show details 11:41 AM (7 hours ago)
Dear xxxxxx,
I have spent almost two years of R &D on Bizzs, we have several people working on it here in the states including some major universities and students. Employees are yet to be determined since we are still in building phase so we are trying to make this as lean as possible without a large staff to support. Since we already have many thousands of users interested in Bizzs we will look for a substantial growth once launched. Bizzs is completely different than anything available today we do not deem ourselves a social site since we believe that another social site is passé. I have not checked lately on the number of businesses that have signed up since everyone that has signed up should be connected to a business or a business person. The web application is still in development and I will update everyone once we have a clear date for Phase 1 launch.
I hope this answers some of your questions. Thank you for your email.
Best regards,
Ron Lindsay
Ill post it all as soon as I got home.
One pigeon coming up.
Capt I got some jucy info that you may like, but some might think its very uninformative. The only problem is I'm on my phone and cant copy and past(that's why u never buy a stupid motorola smart phone). I do believe that this infromation may answer some questions and create a few more. But ill let you be the judge of that. Happy sailing.
WOW!!!! We have news. WE HAVE NEWS!!!!!!!
"Starts setting the sails for the sea"
WOW!!!! We have news. WE HAVE NEWS!!!!!!!
"Starts setting the sails for the sea"
Ahh... Capt, you forgot to ask how Uncle Steve is doing :)?
Has anyone emailed Ron and asked him "what happened to the PR we were suppose to get in 30 days?"
When Ron prs he will be dumping himself bastard. 5 bucks its gonna be a fluff pr????imo.
Definition of Letter Of Cerdit.
What Does Letter Of Credit Mean?
A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase.
Investopedia explains Letter Of Credit
Letters of credit are often used in international transactions to ensure that payment will be received. Due to the nature of international dealings including factors such as distance, differing laws in each country and difficulty in knowing each party personally, the use of letters of credit has become a very important aspect of international trade. The bank also acts on behalf of the buyer (holder of letter of credit) by ensuring that the supplier will not be paid until the bank receives a confirmation that the goods have been shipped.
Read more: http://www.investopedia.com/terms/l/letterofcredit.asp#ixzz1QfmCpQXS
Same small amount of shares being sold today again, just like yesterday.
and you have prove of that???? and dont tell me just look at the market and look at the sales. Back it up with some facts, not what the market is doing right now. Because it went from .0029 to where its at now. People can play this so many different ways. Before you start to make assumpions please post FACTS.
Why would a company dilute if they have recieved 28million dollars already in deposit. Honestly... does that even make sense??? Plus, they have 332million more to recieve over the next 3 years. Come on!!!!!
GLER is a one of a kind stock. Not often does a company get 360million dollars contract. This is huge, I have been reading of their managment team and those people have some skills and knowledge. Its no wonder they got this money.
GOOOO GLER
GLER Current Projects
Global Earth/ReFlora De Brazil Joint Venture
Global Earth and ReFlora are very sensitive concerning the environment. Global Earth and ReFlora combined hold over 300,000 hectares of tropical forests in Brazil. We believe that tropical forest preservation is very important for the global climate. The joint venture has hired a management team with global expertise managing over 21,000,000 hectares.
Global Earth and ReFloras eco-system business opportunities include but are not limited to:
• Development and sale of carbon off-set credits based on current rain forests and agricultural conditions existing in Brazil.
• Development and sale of carbon off-set credits generated from forest set aside (avoided deforestation) projects in appropriate locales in Brazil.
• Development and sale of REDD and VER carbon credits generated from rain forests in Brazil.
• Development and sale of water abatement, biodiversity, and conservation credits.
• Controlled sustainable production and sale of agricultural products, including timber and bio-fuel crops.
Global Earth/LifeCycle Joint Venture
The joint venture will own and manage $12,000,000.00 in settlements. LifeCycle will continue to assemble portfolios of life settlements using its network of aggregators and brokers, which include some of the largest leading life settlement aggregators in the US. In pricing life settlements for possible acquisition by LifeCycle, LifeCycle will continue to use its successful proprietary pricing and bidding models.
These models and strategies spread risk and will, going forward, continue to spread risk over large numbers of life settlements covering insureds with varying life expectancies and medical conditions and residing in diverse parts of the U.S. in order to reduce a negative impact which any one particular life settlement might have on the life settlement portfolio if which it is a part. Therefore, any unexpected aberration in an Insured's life expectancy is expected to have a minimal impact on the respective portfolio to which that life settlement is allocated. The amount paid for each life settlement will be negotiated, and such amounts offered to be paid for such life settlements will be based on LifeCycle's proprietary pricing and acquisition models and strategies. The life settlements will be comprised of life insurance policies issued and underwritten by life insurance companies having an "A" or better rating or its equivalent from one or more nationally recognized rating services (e.g., Moody's, A.M. Best, Standard & Poor's).
http://www.globalearthenergy.com/Current_Project.html
Here is all the info you need.
Global Earth Energy / Modern Coal Jointly Owned Company Receives $360 Million, 3-Year Contract From Large International Coal Group
Receives Initial Deposit of $28 Million to Purchase Coal From Samuel Coal Property
WILMINGTON, NC, Jun 28, 2011 (MARKETWIRE via COMTEX) -- Global Earth Energy, Inc. (OTCBB: GLER) (OTCQB: GLER) (PINKSHEETS: GLER) and Modern Coal, LLC, a Texas major contract mining company, announced today that through Global Earth Natural Resources, L.L.C., their jointly-owned limited liability company, that they have received a contract from a large international coal group to purchase coal from Global Earth Natural Resources, L.L.C.'s soon-to-be-acquired Samuel Coal property. The total value of the contract is estimated to be $360 million over a 36-month period.
"Global Earth Natural Resources, L.L.C. is elated to solidify its first contract to import coal to a major international coal company that positions the company to generate positive cash flows over the long-term," said Brad Lamar, president of Modern Coal. "I'm excited to confirm that we have received an initial deposit of $28 Million in the form of a letter of credit (LOC) from a foreign bank located in New York City. After a customary site visit and confirmation of our ability to fulfill the contract in full, the LOC will be increased to 100,000 tons of coal per month for 36 months at a price of $103.00 per ton."
Samuel Coal's Kentucky-based mines are historically prolific producers of coal and have attracted strong interest from major coal suppliers from around the world. Global Earth Natural Resources, L.L.C. is under agreement to purchase all of Samuel Coal's operations with the closing date of August 11, 2011. Modern Coal completed its initial cash down payment to Samuel Coal on June 22nd. The Samuel Coal operations are located on approximately 5,000 acres near Hindman in the eastern part of Kentucky (http://mapq.st/ePX71T). For additional information on the property, please visit the GLER website at www.globalearthenergy.com.
About Global Earth Energy, Inc.
Global Earth Energy, Inc. provides renewable energy solutions. In addition, the Company is pursuing joint venture agreements with green solution providers worldwide.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Certain risks are detailed in the Company's Form 10-K and other periodic filings with the Securities Exchange Commission at www.sec.gov. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Contact:
Global Earth Energy
Tel: 910-509-7232
www.globalearthenergy.com
SOURCE: Global Earth Energy Inc.
CONTACT: http://www.globalearthenergy.com/
Copyright 2011 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Energy and Utilities:Coal
Energy and Utilities:Alternative Energy
Environment:Natural Resource Management
Energy and Utilities:Oil and Gas
Look at these Sells, 5k to 100k the most. Its sad.... Yea, there are some larger, but come on thats lunch money. IMHO of course. LET THIS BABY RUN!!!!!
I got in at .0043 this morning, i was grabing them with both hands.
Im sure ull be able to get more shres in soon. There will also be those that are selling for lunch money. :)
After a customary site visit and confirmation of our ability to fulfill the contract in full, the LOC will be increased to 100,000 tons of coal per month for 36 months at a price of $103.00 per ton."
They will be working overtime $$$$$$$$$
I have the same feeling. I dont think we can be wrong because 360million dollar contract, speaks for it self. This baby needs to spread its wings and fly.
REASON TO BUY GLER
Global Earth Energy / Modern Coal Jointly Owned Company Receives $360 Million, 3-Year Contract From Large International Coal Group
Receives Initial Deposit of $28 Million to Purchase Coal From Samuel Coal Property
WILMINGTON, NC, Jun 28, 2011 (MARKETWIRE via COMTEX) -- Global Earth Energy, Inc. (OTCBB: GLER) (OTCQB: GLER) (PINKSHEETS: GLER) and Modern Coal, LLC, a Texas major contract mining company, announced today that through Global Earth Natural Resources, L.L.C., their jointly-owned limited liability company, that they have received a contract from a large international coal group to purchase coal from Global Earth Natural Resources, L.L.C.'s soon-to-be-acquired Samuel Coal property. The total value of the contract is estimated to be $360 million over a 36-month period.
"Global Earth Natural Resources, L.L.C. is elated to solidify its first contract to import coal to a major international coal company that positions the company to generate positive cash flows over the long-term," said Brad Lamar, president of Modern Coal. "I'm excited to confirm that we have received an initial deposit of $28 Million in the form of a letter of credit (LOC) from a foreign bank located in New York City. After a customary site visit and confirmation of our ability to fulfill the contract in full, the LOC will be increased to 100,000 tons of coal per month for 36 months at a price of $103.00 per ton."
Samuel Coal's Kentucky-based mines are historically prolific producers of coal and have attracted strong interest from major coal suppliers from around the world. Global Earth Natural Resources, L.L.C. is under agreement to purchase all of Samuel Coal's operations with the closing date of August 11, 2011. Modern Coal completed its initial cash down payment to Samuel Coal on June 22nd. The Samuel Coal operations are located on approximately 5,000 acres near Hindman in the eastern part of Kentucky (http://mapq.st/ePX71T). For additional information on the property, please visit the GLER website at www.globalearthenergy.com.
About Global Earth Energy, Inc.
Global Earth Energy, Inc. provides renewable energy solutions. In addition, the Company is pursuing joint venture agreements with green solution providers worldwide.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Certain risks are detailed in the Company's Form 10-K and other periodic filings with the Securities Exchange Commission at www.sec.gov. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Contact:
Global Earth Energy
Tel: 910-509-7232
www.globalearthenergy.com
SOURCE: Global Earth Energy Inc.
CONTACT: http://www.globalearthenergy.com/
Copyright 2011 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Energy and Utilities:Coal
Energy and Utilities:Alternative Energy
Environment:Natural Resource Management
Energy and Utilities:Oil and Gas
http://www.otcmarkets.com/stock/GLER/news
"I'm excited to confirm that we have received an initial deposit of $28 Million in the form of a letter of credit (LOC) from a foreign bank located in New York City
They have recieved 28MILIION already. Lets this baby fly!!!!!!
Thats what im finding out right now, we should try to make this known on the brakeout boards.
This is an amazing contract. Need to do now lots of DD on this company, but WOW amazing NEWSSS!!!!
Haven t been following for a while, been busy. Did Val increase the AS by 500k??? or am i Missing something with all this talk about dilution?????
I have been asking myself that same question for a long time now and a few more.
News and PR should have value, value in releasing generic PR means nothing. I will not release a say nothing PR for example on development then be accused of putting out PR that does not say anything.
This statement tells me that he is reading this board and is awear that people are complaining to the SEC.
The A/C unit is expensive and needs money to be build, tested, rebuild and marketed and soooo much more. The PR today said all of that.
Understood, thank you for your answer.
That's true, but we cant deny the fact that there is a huge posibility that will happen probably sooner then later. IMHO.
Your right we don't. But we cant just assume that they increased the AS just because they thought 5billion is a nice number to have. Those 5 billion shares will hit the market one day sooner or later IMHO.
From you experience , do you think its possible that those shares given to the creditors and whomever else, are given under an agreement. For example they cant sell them below .0010. As they can not kill the pps, but are only allowed to sell on ralllies? Possible?
This is my opinion now about this stock, with all the recent change. This will become a flippers dream imo, we will fluctuate with the dilution of shares between .0011 and .0015. I don't think we will go higher then that. Those 5 billion shares were brought to be diluted and the money imo be used for the ac project, salaries and other things. The only way this will drop bellow .oo10 is when people start to dump their shares. This is just my opinion on this stock.
In the future yes. Now no. Here is why. IMHO; this is not a cheap product to build. They still need to develop the prototype, find all the glitches in it and pay salaries and other expenses. The production of this AC unit is not cheap. If they had the money to pay for saleries and the whole expense of this project. Do you really think they would have increased the AS? Not to mention other things that are going on for the company. And 1.8million annual revenues is not enough for all of this IMHO.
When the AS gets increased by such a large amount and then we get a pr saying the company needs to raise capital to develop the prototype. It means dilution of shares. When I don't know. Imo.