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As a result of Mr. Frankel’s default, he will be removed as a director of the registrant at an upcoming meeting of the shareholders of the registrant to be announced shortly.
MarketCaptain, I can't seem to locate the information, that
you did regarding DBMM.
Where's the dilution some were screaming would start by 3:02pm
on Wednesday May 15, 2013, if no press release and/or an 8-k were filed by 3:01 pm on Wednesday May 15, 2013?
Definition of 'Insider Information'
A non-public fact regarding the plans or condition of a publicly traded company that could provide a financial advantage when used to buy or sell shares of the company's stock. Insider information is typically gained by someone who is working within or close to a listed company. If a person uses insider information to place trades, he or she can be found guilty of insider trading. Insider trading is illegal when the material information has not been made public and has been traded on. This is because the information gives those having this knowledge an unfair advantage.
THX Sugarfreejazz, I placed my bets a couple of weeks ago, and
I'm feeling pretty good about my bet.
GLTU, GLER
Sugarfreejazz, I can't PM you, but what info did you receive?
If you don't mind me asking?
Hmm, I wonder where Mr. Frankel could be?
Agreed HokieHead, very low volume day, very little selling,
good sign going into next week.
I like to call it "Hope and Change".
Global Earth Energy, Inc. (GLER) Announces Letter of Intent for Additional Asset; Purchase Contract for Sunrise Highway Office Building
12:30p ET May 9, 2013 (GlobeNewswire) Global Earth Energy Inc.'s (GLER.OTCQB) President, Mr. Sydney A. Harland, announces that GLER, through a "Letter of Intent", intends to Acquire an additional asset; Country Road Office Building, located at, 1670 Old Country Road, Plainview, New York 11803. Currently under board review, this acquisition will only occur if GLER and the seller of the property can execute a binding agreement of sale and purchase. As of this date, no such agreement has been executed. If an agreement is executed, proper notification will be made.
Financial details:
Square Footage: 33,312
Acquisition Price: $6,500,000.00
Gross Revenue-$769,981.61
Expenses-$255,442.26
Net Operating Income-$514,539.35
Debt Service: $0.00 (No Mortgage)
Net Income Available for Cash Flow: $514,539.35
Once agreed upon, GLER intends to pay for the property pursuant to the issuance of a $6,500,000.00 Convertible Promissory Note, yielding 0.575% interest-only against assignment of rental income and leases, convertible into 14,000,000 shares of the common stock of GLER. Upon execution, the transaction is expected to close within 45 days thereafter pursuant to an escrow settlement procedure between all parties involved. The convertible promissory note shall be discounted into cash by "private equity" at the time of closing.
Also, through an assignment of purchase contract, the seller of the Sunrise Highway Office Building, located at, 381 Sunrise Highway, Lynbrook, New York 11563, has executed an agreement of sale and purchase, as a letter of intent was executed on, May 03, 2013.
Consequently, Mr. Meier (Mack) Frankel, recently added to theGlobal Earth Energy, Inc.'s Board of Directors, has skillfully entreated "an investment banker," and has secured an additional asset. The board continues to review all "strategic methods" to enhance value for "existing shareholders," and to conduct an exhaustive analysis of the "financial structure" of GLER, and perform a cursory analysis of the "capital structure" at the same time.
For more information contact, Mr. Sydney A. Harland or Mr. Meier (Mack) Frankel at 1-910-270-7749 and/or Rich Kaiser, YES INTERNATIONAL, Corporate Strategist, 757-306-6090-http://www.globalearthenergy.com/
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
757-306-6090
Updated DD including Share Structure (see below)
Brand New 8K as of May 3rd, 2013!!!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9266882
GLER NEWS!!!!! Three New Real Estate Deals By Mack Frankel in just four days! Mack Frankel is telling the world that he is here NOW! And that will be profitable for GLER Shareholders!
***Plus All In One DD Below***
http://finance.yahoo.com/news/global-earth-energy-inc-gler-130000793.html
Global Earth Energy, Inc. (GLER) Announces Letter of Intent to Consummate a Third Acquisition
Financial details are as follows:
Square Footage: 58,491
Acquisition Price: $8,700,000.00
Gross Revenue-$1,600,000.00
Expenses-$520,000.00
Net Operating Income-$1,080,000.00
Assumable Debt Service: $5,000,000.00 @ 3.5% (Monthly Debt Payment: $20,229.00) (Annually: $242,748.00)
Net Income Available for Cash Flow: $837,252.00
Global Earth Energy, Inc. (GLER) Announces a Second Acquisition and Current 2012 Data on Naylor Apartment Complex Which Was Announced on April 30, 2013 Press Release: Global Earth Energy, Inc. – 12 hours ago
http://finance.yahoo.com/news/global-earth-energy-inc-gler-132605366.html
Financial details are as follows:
Multi-Units-198
Acquisition Price: $26,000,000.00
Gross Revenue-$3,200,000.00
Expenses-$1,500,000.00
Net Operating Income-$1,700,000.00
Assumable Debt Service: $16,939,016.99 @ 3.5% (Monthly Debt Payment: $76,063.75) (Annually: $912,765.00)
Net Income Available for Cash Flow: $787,235.00
This acquisition, through an assignment of purchase contract, will be paid for through the issuance of a $9,070,000.00 Convertible Promissory Note, yielding 0.575% interest-only against assignment of rental income and leases, convertible into 25,000,000 shares of GLER common stock. This transaction is expected to close within 45 days pursuant to an escrow settlement procedure between all parties involved.
On April 30, 2013, GLER announced the agreement to acquire the Naylor Apartment Complex. In that announcement, GLER provided 2011 Financial Details.
Financial Details of, Naylor Apartment Complex, for the period 01/01/2012 through 12/31/2012 under a, "cash basis" are as follows:
Gross Income: $246,364.00
Expenses: $43,770.00
Net Operating Income: $202,677.00
Net Income Available For Cash Flow: $169,477.00
Both acquisitions were financially engineered, and structured by, Mr. Meier (Mack) Frankel, who was recently added to the Board of Directors of Global Earth Energy, Inc.
Mr. Frankel intends to increase shareholder value through deftly crafted financial capital instruments to build a solid asset base as a strategic corporate game plan is being presented to the board.
Global Earth Energy Inc. (GLER) Announces Acquisition of Income-Producing Asset to Company GlobeNewswirePress Release: Global Earth Energy, Inc. – Tue, Apr 30, 2013 9:00 AM EDT
http://finance.yahoo.com/news/global-earth-energy-inc-gler-130000371.html
WILMINGTON, N.C., April 30, 2013 (GLOBE NEWSWIRE) -- Global Earth Energy Inc.'s (GLER.OTCQB). President, Mr. Sydney A. Harland, announces that GLER will acquire an income-producing asset, the Naylor Apartment Complex, located at, 2585 Naylor Road SE, Washington, DC 20020.
This acquisition, through an assignment of purchase contract, will be paid for through the issuance of, $2,500,000.00 in Convertible Promissory Note, yielding 2% interest-only (against assignment of rental income & leases), convertible into 10,000,000 shares of GLER common stock.
Instrumental in originating and developing the capital structure for this proposed acquisition was, Mr. Meier (Mack) Frankel, who was recently added to the Board of Directors of Global Earth Energy, Inc. Mr. Frankel is an accomplished financier, and has demonstrated remarkable speed with the consummation of this acquisition. The transaction is expected to close within 30-days.
Mr. Frankel's experience in deal structuring, acquisitions, and structured-financing will be invaluable to Global Earth Energy as it looks to broaden its corporate strategic direction and enhance profitability for the company.
For more information about Global Earth Energy please contact, Mr. Sydney A. Harland or Mr. Meier (Mack) Frankel at 1-910-270-7749 and/or Rich Kaiser, YES INTERNATIONAL, Investor Relations, 757-306-6090, http://www.globalearthenergy.com/
-------------------------------------------------------------------------------------------------
Also, form 10Q/A is out today as well: www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9252718
*************************************************************************************************************
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87403948
Today's Deal Values GLER @ .25
Quote: This acquisition, through an assignment of purchase contract, will be paid for through the issuance of, $2,500,000.00 in Convertible Promissory Note, yielding 2% interest-only (against assignment of rental income & leases), convertible into 10,000,000 shares of GLER common stock.
10,000,000 x .25 = $2.5 million
Frankel puts $1,000,000 into GLER's bank account according to the 8k
Clean shell now in the commercial real estate biz with a profitable multi-residental rental unit with more acquisitions to come
Commercial Real Estate is hot, hot, hot big smile
=====================================================================================================
roiresearch has the best analysis concerning the new share structure. Upon the closing of GLER's Reverse Merger being done by Meier (Mack) Frankel, who happens to presently own two very profitable businesses, it is our conclusion that this will be beneficial to current shareholders, IMO.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87333769
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87333658
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87317664
=========================================================================================================
CHARTS CHARTS CHARTS CHARTS CHARTS CHARTS
3 Charts....Pick One!!!!:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87383085
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87427868
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87421169
GLER Alert!!!! New DD found on GLER and Mack Frankel in particular!
GLER Reverse Merger UPDATED ALL IN ONE DD, with Mack Frankel taking over! Very important new information was found on Mr Frankel's previous business dealings where his other stock, OCEE was @ $4.80 and hit a high of $70 per share! (The new DD is at bottom of page) This guy is for real! And now he's purchased GLER for $2 Million dollars! Closing date is May 25th!
Item 1.01.
Entry into a Material Definitive Agreement.
On April 22, 2013, the registrant executed a Securities Purchase Agreement (the “Agreement”) with Meier (Mack)Frankel (the “Buyer”).
1.Purchase and Sale of the Common Stock .
(a)Common Stock . Subject to the satisfaction (or waiver) of the conditions set forth in the Agreement, the registrant shall issue and sell to the Buyer, and the Buyer agrees to purchase from the registrant at the Closing (as defined below) an amount of the Common Stock so that following the purchase, the Buyer shall own 90 percent of the issued and outstanding shares of the Common Stock.
(b)Closing . The closing (the “Closing”) of the purchase of the Common Stock by the Buyer shall occur at the offices of Norman T. Reynolds Law Firm, 3262 Westheimer Road, Suite 234, Houston, Texas 77098. The Closing shall be on May 15, 2013, at 2:00 p.m., Houston, Texas Time......
(c)Purchase Price and Delivery of the Common Stock . The aggregate purchase price for the Common Stock to be purchased by the Buyer (the “Purchase Price”) shall be $2,000,000 which shall be paid by the Buyer as follows....... http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9242600
[b[color=red]]GLER is an OTC QB Stock:[/color]
8K is out, which is why GLER has caught everyone's attention! : http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9242600
All filings are current and up to date! : http://www.otcmarkets.com/stock/GLER/filings
****Share Structure according IR Rich Kaiser on May 3rd, O/S 528 million shares. 280 million shares are Restricted****
Current A/S is 800,000,000(before the R/M) according to Nevada Secretary of State:
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=ed5JjHenyp%252fZUVOOR3L16Q%253d%253d&CorpName=GLOBAL+EARTH+ENERGY%2c+INC.
Here is a great post, including links, explaining how this Reverse Merger will work with the terms involved, which explains an increase in the A/S.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87335086
http://finance.yahoo.com/news/global-earth-energy-inc-gler-130000200.html
Here is some DD on Town & Country Commercial Reality
http://www.tncconline.com/
http://www.loopnet.com/New-York/Spring-Valley-commercial-real-estate-brokers/
http://www.loopnet.com/profile/12038354781/Mack-Frankel/
We arrange deals as well as buy/sell for our own account.
Currently interested in locating owners and wholesalers of
hotels/motels in major population centers, especially Florida
Work Experience:
over 18 years
Website:
www.tncconline.com
Consider the possibility. I have two "bios" on Mr Frankel from two PR's. The latter PR says that Mack Frankel is the owner of a Private Company called Mainline Land Co LLC. The first source says "owner" only. Also, he is the owner of Town & Country Commercial Reality. Now if he puts either of his own Private Businesses into this shell we call Global Earth Energy Inc (GLER) then this is going to skyrocket IMO!
http://www.reoindustrydirectory.com/profile/13417
http://finance.yahoo.com/news/global-earth-energy-inc-gler-130000200.html
Mack Frankel has been the owner of Town & Country Commercial Realty for the last 15 years located in Spring Valley, New York. Additionally Mr. Frankel is the owner of Mainline Land Co. LLC, located in Spring Valley, New York. Mainline Land Co. LLC has assembled a combination of income-producing assets worth $37.45 million mainly comprised of an, equipment-finance leasing company, an office building, an apartment complex, and an executive car service company, respectively located in, Clarks Summit, Pennsylvania; Lynbrook, New York; Bronx, New York; and, Long Island City, New York.
And here is "bio" #2 from another PR I found from last year on Frankel:
http://finance.yahoo.com/news/sino-cement-inc-announces-appointment-130000077.html
Mr. Frankel, holds a Doctorate Degree from NYU, and has been the owner of, Town & Country Commercial, Inc., for the last 7 years located in, Spring Valley, NY. Additionally, Mr. Frankel, is the owner of, Mainline Land Co. LLC., A, private industrial holding company, "Mainline Land Co. LLC.,", arranged an amalgamation of assets through market strategies, and deal-structuring negotiation totaling: $96.8 million, mainly comprised of, several large real estate holdings in the New York City metropolitan area, and a New Jersey-based, equipment-finance leasing company.
=========================================================================================================
New DD info below, found by me, Greygoose69!!!!!!!!!!!!!!!!!!!!
Ok, I found some more insane DD on Mr Frankel's previous business dealings which get an A+ rating from me! :)
Check this out!
http://finance.yahoo.com/q/bc?s=OCEE+Basic+Chart&t=6m
Look the the above chart, please! Frankel made this stock go from just over $4 to $70 (looking at the 52 week high)!!!!
Ok, now look at this!
http://finance.yahoo.com/news/sino-cement-inc-announces-agreement-145801893.html
It's our boy Mr Mack Frankel at work! It's nice to see his previous success, knowing that this guy is for real!
********And this is the heart stopper IMO!!!! If anything, read this NOW!********
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87335766
And then sift through this if you wish:
http://www.otcmarkets.com/stock/OCEE/filings
?
Global Earth Energy Inc. (GLER) Stock Trading Info:
I'm just imitating this...http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87671727
I'm just imitating this...http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87671727
OMG, I've never seen so much dilution!
Naylor Apartment Complex, located at, 2585 Naylor Road SE, Washington, DC 20020.
Net Income Available for Cash Flow-$151,997.00.
the Honeywell Apartment Complex, located at, 2103-15 & 2115-17 Honeywell Avenue, Bronx, New York 10460.
Net Income Available for Cash Flow: $787,235.00
the Sunrise Highway Office Building, located at, 381 Sunrise Highway, Lynbrook, New York 11563.
Net Income Available for Cash Flow: $837,252.00
Total Net Income Available for Cash Flow from all three acquisitions: $1,776,484.00
Jeff Thomas: The issue is for me especially we get countless requests daily asking for information of what our team is doing so they can profit by flipping our stock, saying we "owe" them an explanation and transparency because they use the word "shareholders". For those of you who see the vision and are prepared for the ride "long -term" I welcome you and thank you for the support.
Leonard and I have collaborated on many very successful projects over the years, and Him and I have spoken frequently about him being a part of the team. Timing was critical, and we had setbacks with the packaging, and took longer then I ever wanted it to, but I would not settle for anything less than perfection on this.
The remaining months of 2013 are going to be a whirlwind of events
22 hours ago via mobile · Unlike · 12..
Naylor Apartment Complex, located at, 2585 Naylor Road SE, Washington, DC 20020.
Net Income Available for Cash Flow-$151,997.00.
the Honeywell Apartment Complex, located at, 2103-15 & 2115-17 Honeywell Avenue, Bronx, New York 10460.
Net Income Available for Cash Flow: $787,235.00
the Sunrise Highway Office Building, located at, 381 Sunrise Highway, Lynbrook, New York 11563.
Net Income Available for Cash Flow: $837,252.00
Total Net Income Available for Cash Flow from all three acquisitions: $1,776,484.00
Jeff Thomas: The issue is for me especially we get countless requests daily asking for information of what our team is doing so they can profit by flipping our stock, saying we "owe" them an explanation and transparency because they use the word "shareholders". For those of you who see the vision and are prepared for the ride "long -term" I welcome you and thank you for the support.
Leonard and I have collaborated on many very successful projects over the years, and Him and I have spoken frequently about him being a part of the team. Timing was critical, and we had setbacks with the packaging, and took longer then I ever wanted it to, but I would not settle for anything less than perfection on this.
The remaining months of 2013 are going to be a whirlwind of events
22 hours ago via mobile · Unlike · 12..
Global EarthEnergy inc.
GLER is Under Construction!
// info@globalearthenergy.com
Check back soon.
http://www.globalearthenergy.com/
YW, and I agree, GLER will run hard, as things unfold.
WILMINGTON, May 01, 2013 (GLOBE NEWSWIRE via COMTEX) -- Global Earth Energy Inc.'s (GLER.OTCQB) President, Mr. Sydney A. Harland, announces that GLER will acquire a second income-producing asset, the Honeywell Apartment Complex, located at, 2103-15 & 2115-17 Honeywell Avenue, Bronx, New York 10460.
Financial details are as follows:
Multi-Units-198
Acquisition Price: $26,000,000.00
Gross Revenue-$3,200,000.00
Expenses-$1,500,000.00
Net Operating Income-$1,700,000.00
Assumable Debt Service: $16,939,016.99 @ 3.5% (Monthly Debt Payment: $76,063.75) (Annually: $912,765.00)
Net Income Available for Cash Flow: $787,235.00
This acquisition, through an assignment of purchase contract, will be paid for through the issuance of a $9,070,000.00 Convertible Promissory Note, yielding 0.575% interest-only against assignment of rental income and leases, convertible into 25,000,000 shares of GLER common stock. This transaction is expected to close within 45 days pursuant to an escrow settlement procedure between all parties involved.
On April 30, 2013, GLER announced the agreement to acquire the Naylor Apartment Complex. In that announcement, GLER provided 2011 Financial Details.
Financial Details of, Naylor Apartment Complex, for the period 01/01/2012 through 12/31/2012 under a, "cash basis" are as follows:
Gross Income: $246,364.00
Expenses: $43,770.00
Net Operating Income: $202,677.00
Net Income Available For Cash Flow: $169,477.00
Both acquisitions were financially engineered, and structured by, Mr. Meier (Mack) Frankel, who was recently added to the Board of Directors of Global Earth Energy, Inc.
Mr. Frankel intends to increase shareholder value through deftly crafted financial capital instruments to build a solid asset base as a strategic corporate game plan is being presented to the board.
For more information about Global Earth Energy please contact, Mr. Sydney A. Harland or Mr. Meier (Mack) Frankel at 1-910-270-7749and/or Rich Kaiser, YES INTERNATIONAL, Investor Relations, 757-306-6090 http://www.globalearthenergy.com/
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.
Yesterday's News, May 1, 2013
9:26a Global Earth Energy, Inc. (GLER) Announces a Second Acquisition and Current 2012 Data on Naylor Apartment Complex Which Was Announced on April 30, 2013 (GlobeNewswire)
This acquisition, through an assignment of purchase contract, will be paid for through the issuance of, $2,500,000.00 in Convertible Promissory Note, yielding 2% interest-only (against assignment of rental income & leases), convertible into 10,000,000 shares of GLER common stock.
$2,500,000.00 / 10,000,000 shares = .25/share
Solos Endoscopy completed the Stage 1 Audit with TÜV SÜD America on Tuesday, February 26, 2013. Solos Endoscopy's Quality Manual and 28 Quality System Procedures were reviewed by TÜV SÜD for compliance to the international quality system standard ISO 13485:2003, to the European Union's Medical Device Directive (MDD 93/42/EEC) and to the Canadian Medical Device Regulations (SOR/98-282).
Solos Endoscopy will work with consulting company Expert Resource to correct any non-conformities found during the Stage 1 Audit in preparation for the Stage 2 Audit with TÜV SÜD. Solos Endoscopy has six months from the Stage 1 Audit to schedule the Stage 2 Audit. Successful completion of the Stage 2 Audit will result in Solos Endoscopy being certified to ISO 13485:2003, the internationally-recognized standard for quality systems for medical device manufacturers. Certification to ISO 13485:2003 will in turn facilitate Solos Endoscopy obtaining the CE Mark on its MammoView® devices to sell the MammoView® in the European Union. ISO 13485:2003 certification is also a necessary for the company to sell the MammoView® product line in Canada.
Sounds too much like SOCIALISM, isn't that UNAMERICAN? lol
Thx MarketCaptain, same to you!
I agree with you, looks like DBMM has some BIG things on the
horizon!
You can't have my shares!
At least not at this this price, I'll sell them to you at .80
I'm not going to argue with you, but a 1-10 reverse split, would give them approximately 70 million shares, which will attract alot of flippers, because the price will fluctuate more often, long term holders keep the stock illiquid, flippers maintain liquidity, son, I've been in this game too long, well I'm going to the beach today, AUFWIEDERSEHEN!
I started with 1 thousand dollars, I now have 10 thousand dollars, plus my shares, a 900% gain isn't bad, if I lose all my shares now, I'm still ahead 900%.
As I flip I collect more shares, this will force the price so low, they'll have to reverse split, which will then make a lot more liquid, and even better for flipping.
Anybody believe me now? Who wants to buy my shares? please! oh, and for those that say I just started posting on the RTGV board, yes that is true, I haven't posted on any board for a while, but does that mean, that I haven't been trading? NO, I've been flipping quite a few stocks including RTGV
thank you to whoever sold me some more shares today, more shares to pile on the ask, oh and thanks to whoever bought my shares on the ask this morning, now I have even more cash to sit on the bid and buy more shares to pile on the ask. LAST POST!
How do you like that ask now? I've got a lot more to sell.
No, I'm not running out, I've still got 38 million shares to sell, and I'm still picking up more shares on the bid to add to add my stockpile that I will continuously place on the ask.
joetm, I would.
so joetm, u don't think HFBG will be successful, can you please tell me why? Every beverage you see out there has started from the bottom. If HFBG's products go nationwide, the PPS will follow, that is fact.