GLER's stock price is never going up significantly, with one exception. If GLER can develop a product or service that makes actual money it might go up. Right now, they pay themselves in shares and you guys buy those shares. How can you call that a company? They don't pay themselves out of the profits, they pay themselves out of your pockets. I applaud them for that, I wish I had the balls to run a scam like this. That is true!
The 5,000 acres in KY is worthless. I say this because the owner is likely buying a super fund clean up site. Do a little DD on "CERCLA." There is no chance that this crew can extract coal in a profitable way, plan and simple. They don't have the knowledge, they don't have the startup funds, they don't have the regulatory approval and they won't be able to get it. If there was still coal that could be extracted profitably, Samuel Coal would be doing it.
Sydney Harland might be able to establish a shoe factory, maybe that is possible. But, no chance for a coal mine. There whole plan is not even logistically possible.
So, I say this....buy all the shares you want to, its your money.
