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Outdated information based on inconclusive information is no longer convincing. GLER has the makings of a positive coal company.
Thanks CJ. I sold my lbge shares awhile back, got tired of waiting but seeing that juicys monster pick ASYI was awful,i took a loss and bought back in LBGE. Couldn't believe LBGE's price was so low, it sat at .024 for the longest time. If wallstreetnewscast got paid 1 mil shares to promote it, it must be ready to roll.
Good Luck!!!
I read those financial reports and it does show no money like you said. I think they got investors that we don't know about. Not everything is available publicly. The investors could have signed a non-disclosure agreement and GLER is keeping it on the down low. August 11th is an important date to see if that holds water.
I do agree coal is outdated, however, other countries still depend on it and have less government regulations than we do. I'm happy our country is becoming less dependent on oil/coal but its a game we can't win. Coal demand is there and we will sell it for as long as we can get our hands on it. The last deal, $360 mil one, clearly is an overseas company.
GLER had no intention to sealing those deals, they were LOI's, seeking the demand of coal. Before that, it was an opportunity they were thinking of getting into with alternative energy and passed on.
GLER never diluted, shares structure is at 541 mil shares O/S. If you don't believe me, call the company and ask them. Like to hear what information you got from them.
That is your own opinion. Its a good post but we clearly disagree. I look forward to GLER developments and maybe you will change your mind later with new developments. We'll just have to let the good times roll. Only time will tell.
I'm not taking any offense to this question. I'm more than happy to give examples.
Energy companies like Exxon,BP,Chevron,FPL etc.
With regards to $100 mil financing.
P.G.&E. Corporation 100 Mil funding SunRun Solar
Article Tax equity investors talk solar project financing at PV America talks about "J.P Morgan is looking to invest in larger solar projects, about $100 million per project."
Broadwind Energy Raises $100 Million in Equity Financing
Those are some examples I found
Also note, the Samuel Coal kentucky properties have about 33 million tons of coal reserves. It won't all be mined in one year but GLER can sustain large coal contracts for many years. Look at the LOI's and LOC for prices on tons of coal. Do the math for 33 million tons. Large revenues, which GLER gets 25% of.
Nothing about this is BS. Energy companies like coal are all very profitable. Startup companies in the energy industry or not receive $100 million in financing all the time.
Global Earth Energy will see a rise in PPS when they begin to sell coal from the Samuel Coal Kentucky properties. I'll start off by saying something about GLER's past. It looks like they were interested in getting into the alternative forms of energy industry like solar but ultimately decided it wasn't for them. Now for the current DD. They have an interested investor LB Tim who would like to invest $100 mil into GLER. The contract terms are not final and GLER is not ready to accept the offer yet. Every coal contract so far has been a LOC or LOI. They provide GLER with information pertaining to the demand of coal before they invest into mining coal. Thus, why the PPS hasn't moved much, as its not revenue. GLER has paid a down payment on the kentucky properties and will close on August 11. They have a signed agreement with a local mining company abundance coal to mine the kentucky properties. They have purchased a railway line to transport the coal to their customers. GLER is doing everything they need to do to begin this profitable coal partnership business with Modern Coal.
GLER checklist
Coal mine - check
Mining company - check
Coal transporatation - check
Pontential coal customers - check
August 11th is a very important date, when the closing is final and announced, Mining will commence.
As far as the PPS, when they begin to sell coal and receive revenue from customers, the PPS will rise accordingly.
I hope this helps everyone.
I suspect Global Earth Energy doesn't want to take on $100 Mil right now at these share prices. In Dec GLER preferred shares will be worth more, thus giving investors less shares. This deal has been extended before, Global Earth Energy still wants the investment it seems, just not yet.
I've always thought EMXC needed to change the share structure to reach Dollarland. Since she mentioned no reverse split, we all were puzzled how they were going to accomplish that. After today's PR, we now know retiring of shares and buyback will be their plan of changing the share structure. Its perfect for us. Accumulate Accumulate Accumulate. Say that 10 times fast. That's the new EMXC Modo.
$2.50 PPS here we come!!!
Whats with the big buy order @.0061? Someone must really think they can accumulate all the dips if there are any
Emax media with the music masters is nothing compared to new unified corp. We need numbers for new unified corp and i think the audited financials will straighten that up. For Rox to have a goal of 800 mil O/S has me to believe her PPS goals stated in interview may be met. This stock could be bigger than we all expected.
Anyone think the audited financials with 800 mil O/S could send this
PPS to $2.50 by the end of the year like she stated in interview?
Are we going to see billions in assets that we didn't know about?
I just got back in @.0089 just now, bought what i could after selling ASYI at a loss, got tired of waiting for that one. Hoping wall street site is right about LBGE being this week.
Mistic UYMG .012
THIS BOARD IS ABOUT GLER, AND NOTHING ELSE!!!
If you post about anything other than GLER then your posts will be removed for a TOS violation. End of story. Personal attacks, accusing people of "shorting" or "bashing" etc are all OFF TOPIC. The MOD SQUAD will be issuing bans and jail time for people who continue to break the rules here.
THIS BOARD IS ABOUT GLER, AND NOTHING ELSE!!!
Global Earth Energy (GLER) 6/29/11 Modified 8-K
http://sec.gov/Archives/edgar/data/1121901/000109181811000361/gler29jun20118k.htm
Includes Banking Information as well as Property Information
I believe they paid it already in full but haven't publicly stated it in any PR yet. I would expect a PR saying paid in full and closed on property on August 11. Modern Coal has money for this purchase, however, closing on 5,000 acres takes time. Lots of paperwork and turnover of property needs to take place.
GLER closes on the Samuel Coal property August 11, 2011. Every PR or SEC Filing we get up until then is a gift. Coal production will begin and contracts will start getting fulfilled. They already have a railway facility for transporting the coal to their buyers and they have abundance coal to mine the coal from Samuel Coal property. Its all well planned. Revenues will begin to come in and we'll see a higher PPS for sure. Investors have GLER on radar now and when they start buying, its not going to be small buys. This is the time to grab as many shares as you can afford or want to invest and hold them. Recent DD shows a great company brewing. Ignore the past DD, if the past was better, the stock would be better but its not. So as an investor, you look for events that you can anticipate will be rewarding. The events we can perceive to happen in the future for GLER are rewarding. Every investment is a risk, so why not take a risk on an investment you have PR's and filings to look at telling you what they have in store for the future.
It was paid in full by Modern Coal.
Please Read
http://ih.advfn.com/p.php?pid=nmona&article=48163643
The company gains nothing if they are diluting. Ask yourself, why would a company pass on big gains that are a few months away at most? Company doesn't day trade their own shares. They keep their shares for controlling interest to make company decisions at board meetings. This company will surprise everyone when they decide to raise PPS due to millions in revenues.
Its confidential, A large international coal group. The coal group can later sell to whoever they want to at higher price keeping their buyers confidential from this deal. No mention of a non-disclosure agreement being signed but most probably was.
Global Earth Energy (GLER) 6/29/11 8-K Report
http://ih.advfn.com/p.php?pid=nmona&article=48251190
I just put in an email to the transfer agent for Global Earth Energy Inc. to find out the A/S,O/S and Float as of today. As soon as i hear back, i will let everyone know.
i saw that 6 mil at ask for .005 too Started to type about it and it was gone fast, blink of an eye.
GLER 8-K Coming by EOD. New HOD Coming $$$
GLER 8-K Coming by EOD. New HOD Coming $$$
Before they did not own the Kentucky mines yet. They now do, got a mining company agreement, bought a railway systems for transporting coal, etc. All LOI's and today's contract will be executed now according to the latest PR. This is only the beginning. Come August when closing on Kentucky sites is completed, they will have contracts all squared away in the billions for coal. Than REVs start to come in and BOOM to PPS.
Thanks Quick. Great NEWS. 8-K $$$
Made some updates to Ibox. Current outstanding shares updated. All news headlines are up. Added some info on the recent coal project. Coal project outlined and detailed with latest developments will be up by end of day on Ibox.
Good Luck to Everyone.
As of June 6, 2011, the registrant GLER has outstanding 541,813,413 shares of its common stock
According to the latest 8-k
As of June 6, 2011, the registrant GLER has outstanding 541,813,413 shares of its common stock
According to latest 8-k
Anything is possible in the energy market
$1.155 Billion in Revenues from Contracts soon to be executed.
Pacific Coast Plaza Inc. Executes Letter of Intent to Purchase 3.6 Million Metric Tons of Coal Valued at Over $300 Million From
http://ih.advfn.com/p.php?pid=nmona&article=47753619
JV Partners Global Earth Energy and Modern Coal Receive a Firm Corporate Offer (FCO) Through Advent Enterprises to Purchase Coal
http://ih.advfn.com/p.php?pid=nmona&article=47768443
Global Earth Energy / Modern Coal Jointly Owned Company Receives $360 Million, 3-Year Contract From Large International Coal ...
http://ih.advfn.com/p.php?pid=nmona&article=48230407
As of June 6, 2011, the registrant GLER has outstanding 541,813,413 shares of its common stock.
FLOAT is small
FYI: ev3ryth1ng t4k3n is a GLER basher, don't believe what he says.