Global Earth Energy Inc. (fka GLER)

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It's just amazing when you look at how the deals are being structured so that GLER shares are being valued between .25 - .36 per share. When we look at the first acquisition, it says in Black and White:

The registrant agreed to pay more than the appraised value due to the fact that Premier will not require any cash payment for the purchase of the Naylor Street Property. Instead, Premier is willing to accept the registrant’s convertible promissory note in full payment of the purchase price.

There is no mortgage on the property. Literally for a few shares we acquired an incoming producing asset. If Frankel can structure more deals like that, GLER should be a .25 to .36 stock

Even when we look at deals that required us to take over/assume the seller's financing, GLER will be pulling a net income over $1million. How many sub penny stocks, penny stocks or even stocks listed on higher exchanges can say that? Below is a recap again from Friday's 8K:

Item 1.01.
Entry into a Material Definitive Agreement

The Naylor Street Property
Purchase Price: $2.5 million
Closing: May 24, 2013
Does the property have a mortgage: NO
Net Operating Income: $169,477.00
Form of Payment: 10 million shares of GLER
Value of GLER shares: .25 (10,000,000 x .25)


The Honeywell Apartment Complex
Purchase Price: $26,000,000
Closing: June 14, 2013
Does the property have a mortgage: $16,939,016.99
Mortgage Payments: $912,765.00 annually
Net Operating Income: $787,235.00
Form of Payment: 25 million shares and assumption of mortgage
Shares convertible to what price: $9,070,000
Value of GLER shares: .36 (25,000,000 x .36)

Sunrise Highway Office Building
Purchase Price: $8,700,000
Closing: Not Set
Does the property have a mortgage: $5,000,000.00
Mortgage Payments: $242,748.00 annually
Net Operating Income: $837,252.00
Form of Payment: 12,000,000 shares and assumption of mortgage
Shares convertible to what price: $3,700,000
Value of GLER shares: .308 (12,000,000 x .308)