terry_mathews Global Earth Energy Inc. Announces Partnership With Hawk Manufacturing, Inc.
Global Earth Energy, Inc. (OTCQB:GLER), a development stage company operating in the oil and gas sector, announces a partnership with Hawk Manufacturing, Inc. whereby each company will take a respective 20% stake in the other.
President of Global Earth Energy, Inc., Mr. Sydney A. Harland, states, "GLER and HAWK Manufacturing have completed a stock swap of 20% in each company, giving one another ownership in each respective corporation."
The value of the transaction is nearly $5,000,000.00 between the two firms. GLER is receiving $4,300,000.00 worth of stock from Hawk.
So GLER will recieve at least 20% of any Profits that HAWK Manufacturing Makes. Also will get 20% of $17 million in tax incentives and other benefits. Isn't that right.