Friday, September 27, 2013 9:41:43 PM
A list past fraud used by scam ticker GLER
Fraud #1 - Wataire Idustries Inc acquisition
October 12, 2005 - GLER announces that it has signed an Exclusive License Agreement with Wataire Industries, Inc. On June 27, 2006 the agreement with Wataire Industries Inc gets canceled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=4520886
Fraud #2 - DigiTar Inc agreement
July 27, 2006 - GLER announced it would be purchasing substantially all of the business assets of DigiTar, Inc. The agreement was cancelled on June 28, 2007. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5271193
Fraud #3 - $5,000,000 equity offering
January 26, 2007 - GLER announces that it has launched a $5,000,000 equity offering on the Berlin Stock Exchange. The equity offering never ended up happening. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=4903151
Fraud #4 - NexGen Bio Energy, LLC agreement
June 27, 2007 - GLER announced that it would purchase from NexGen Bio Energy LLC a 4 million gallon per year, automated, continuous flow, programmable logic controlled, biodiesel production plant designed by Biodiesel Technologies, Inc. and manufactured by Total Energy Resources, Inc. The agreement never happened. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5274237
Fraud #5 - RSI Solar Inc
March 29, 2010 - GLER announces a merger with 688239 B.C. Ltd entering the solar and wind power industry as RCI Solar, Inc. The merger would later get cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7244229
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7592346
Fraud #6 - Reflora do Brasil
November 22, 2010 - GLER announces an agreement with a Brazilian company called Reflora do Brasil which is supposed to bring in millions of dollars in assets and revenues. The agreement brought in no revenues and eventually disappeared into the night. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7576068
Fraud #7 - LifeCycle Investments, LLC
January 10, 2011 - GLER signs an agreement with a company set up by one of its insiders, LifeCycle Investments LLC, for a joint venture touted as a $12 million agreement. The agreement amounted to nothing. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7654149
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8230157
Fraud #8 - LB Tim Co Ltd
January 25, 2011 - GLER announces financing agreement with fake Korean company called LB Tim Co., Ltd. to receive $100,000,000.00 in financing. The agreement never happened. Just another scam to issue insiders shares to be dumped into the market.
http://www.sec.gov/Archives/edgar/data/1121901/000109181811000039/gler0131118k.htm
Fraud #9 - GFC 2005
February 9, 2011 - GLER announces an agreement with GFC 2005 for the purchase of over $7,000,000 in coal. The whole GFC 2005 business was proven to be a fraud. The agreement would end up being cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7711564
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59818854
Fraud #10 - Innovated Concepts of Ethanol Corp
February 22, 2011 - GLER announces a Joint Venture Agreement with Innovated Concepts of Ethanol Corp touted as a $45 million agreement. The Joint Venture Agreement was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.sec.gov/Archives/edgar/data/1121901/000109181811000073/gler0223118k.htm
Fraud #11 - Wins International Co., Ltd
February 22, 2011 - GLER announces an agreement with another fake South Korean company called Wins International Co., Ltd for the Sale and Purchase of $100,000,00 of Coal. The agreement was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.sec.gov/Archives/edgar/data/1121901/000109181811000076/gler02231128k.htm
Fraud #12 - Biosynergies Lubbock, LLC
February 24, 2011 - GLER announces a joint venture with Biosynergies Lubbock, LLC touted as a $195,000,000 joint venture. The joint venture was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.sec.gov/Archives/edgar/data/1121901/000109181811000081/gler0225118k.htm
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7853015
Fraud #13 - Modern Coal
April 8, 2011 - GLER signs an agreement with Modern Coal touting tens of millions of dollars in coal and equity funding. The agreement was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7956017
Fraud #14 - Global Earth Natural Resources Inc
June 16, 2011 - GLER announces a partnership with Global Earth Natural Resources Inc a company that GLER claims is worth $91,906,300.00 through a fraudulent evaluation. The partnership would end up just disappearing into the night. The agreement was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8001614
Fraud #15 - Samuel Coal, Inc
June 16, 2011 - GLER announces as part of the partnership with Global Earth Natural Resources Inc it would be acquiring Samuel Coal, Inc in what GLER called a $7,500,000.00 transaction. The acquisition never happened. The agreement was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8001614
Fraud #16 - Fake $360 million coal purchase agreement
June 28, 2011 - GLER announcing it has received a $360 million coal purchase order from an anonymous foreign buyer. This laughable fraud of course never happened. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8015924
Fraud #17 - LB Tim Co Ltd recycled
July 5, 2011 - GLER recycles the fake $100,000,000 financing agreement with the fake Korean company, LB Tim Co Ltd. Again the financing agreement never ended up happening. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8026919
Fraud #18 - Western Energy Group
June 14, 2012 - GLER signs a joint venture with Western Energy Group for some oil & gas assets. The joint venture would never end up happening. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8675066
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9186958
Fraud #19 - Solar Power Utility Holdings Limited
December 24, 2012 - GLER announces a purchase agreement with Solar Power Utility Holdings Limited touted as a $15,000,000 agreement that would once again take GLER into the solar industry. The agreement never ended up happening. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8987347
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9186958
Fraud #20 - Apartment Scam
April 24, 2013 - GLER signed an agreement with Premier Automotive Concierge Services LLC and Mainline Land Co. LLC to acquire an apartment building located in Washington, D.C for $2,500,000. This was an arms length agreement with one of the directors of GLER, Meier Frankel and an agreement with Henry Grunbaum and Mainline Land Co. LLC to acquire apartment complexes for a total of $26,000,000 - another arms length agreement with Meier Frankel. The agreement was terminated soon after. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9266882
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9324514
Fraud #21 - Hawk Manufacturing Inc ??
August 28, 2013 - GLER announces an agreement for a 20% equity share exchange with Hawk Manufacturing, Inc. GLER fraudulent values the agreement at $4,300,000 by saying the 214,027,096 GLER shares issued to Hawk Manufacturing Inc are worth $.02/share ($4,280,542) when in fact on August 28, 2013 those shares were only worth $.0002/share or $42,806.
The question isn't if this agreement will also get cancelled. The question is when because it will eventually get cancelled just like the 20 fraud agreements before it.
------------
Not one of these agreements ever ended up closing. One scam after another. All of these Fraudulent Agreements were accompanied by several press releases to promote the GLER stock price while insiders were dumping shares into the market.
During this 8 years of fraud being conducting by Sydney Harland, GLER has done 3 reverse splits.
1 for 1000 reverse split in 2006
1 for 100 reverse split in 2009
1 for 1493 reverse split in 2012
During this 8 years of fraud being conducted by Sydney Harland, GLER has filed ten S-8 filings to register what amounts to trillions of shares of GLER stock (split adjusted) which has gotten sold into the market by GLER insiders through consulting agreements.
To date despite touting over 20 agreements worth several billion dollars according to Sydney Harland, GLER has never made even $.01 in revenues. Not a cent. $0 in revenues over that 8 years of fraud.
GLER has $0 in assets. No cash. Nothing. They have never had any assets. Their only asset is their lies to dump stock into the market.
The real business of GLER since Sydney and Betty-Ann Harland took over in late 2004 is issuing shares to insiders and dumping them into the market using fraudulent agreements.
When the Harlands took over the GLER shell in late 2004 there were 49,104,226 shares outstanding.
Let's track the share count since then:
November 30, 2004 - 49,104,226 shares
February 28, 2005 - 262,404,226 shares
April 11, 2005 - 413,404,226 shares
May 31, 2005 - 477,404,226 shares
July 12, 2005 - 483,404,226 shares
April 17, 2006 - GLER does a 1:1000 reverse split
February 28, 2007 - 12,724,553,000 shares (split adjusted)
May 31, 2007 - 15,839,360,000 shares (split adjusted)
November 27, 2007 - 24,585,571,000 shares (split adjusted)
May 31, 2008 - 26,462,569,000 shares (split adjusted)
January 13, 2009 - 26,983,403,000 shares (split adjusted)
July 17, 2009 - GLER does a 1:100 reverse split
December 4, 2009 - 624,233,400,000 shares (split adjusted)
January 11, 2010 - 2,564,233,400,000 shares (split adjusted)
June 30, 2010 - 12,196,647,800,000 shares (split adjusted)
November 30, 3010 - 22,373,777,300,000 shares (split adjusted)
February 28, 2011 - 39,792,866,400,000 shares (split adjusted)
May 31, 2011 - 54,897,146,500,000 shares (split adjusted)
July 20, 2011 - 64,581,341,300,000 shares (split adjusted)
November 30, 2011 - 70,944,157,400,000 shares (split adjusted)
January 7, 2012 - 72,679,849,200,000 shares (split adjusted)
May 23, 2012 - GLER does a 1:1493 reverse split
June 30, 2012 - 16,957,444,731,000,000 shares (split adjusted)
November 30, 2012 - 25,956,973,571,100,000 shares (split adjusted)
January 18, 2013 - 70,164,753,586,600,000 shares (split adjusted)
April 11, 2013 - 74,345,153,586,600,000 shares (split adjusted)
July 16, 2013 - 112,572,660,889,100,000 shares (split adjusted)
That's 112 zillion, 572 trillion 660 billion 889 million 100 thousand shares issued if you take all three reverse split into consideration.
Since the 1:1493 reverse split from May 23, 2012, GLER has already took their outstanding share count to 754,003,087 shares as of July 16, 2013 (barely over one year).
Since July 16, 2013, GLER has filed yet another S-8 to register yet another 250,000,000 shares at $.0001/share to be issued to insiders through consulting agreements and other arrangements to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9470883
This is why in July GLER raised their authorized share count to make more room to issue more shares.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9375331
And now we have a new fraud agreement being touted to help insiders unload those 250,000,000 new shares into the market. There will no doubt be many more shares that will follow those shares through debt conversions and other arrangements all with attorney Norman T. Reynolds providing the legal opinions.
----------
So shameful just what a scam GLER has been through the years and that people will buy and pump this stock ignoring its history.
I hope people are smart enough to realize that GLER is nothing but a pump&dump scam and they take profits before Sydney Harland, Betty-Ann Harland, and the other GLER insiders steal those profits away.
Hopefully after the Harlands are done diluting GLER down to no bid yet again FINRA will show enough common sense to not facilitate more future fraud by GLER by approving a 4th big reverse split.
Maybe some day the SEC will finally step in and we'll see GLER show up in future SEC litigation.
Fraud #1 - Wataire Idustries Inc acquisition
October 12, 2005 - GLER announces that it has signed an Exclusive License Agreement with Wataire Industries, Inc. On June 27, 2006 the agreement with Wataire Industries Inc gets canceled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=4520886
Fraud #2 - DigiTar Inc agreement
July 27, 2006 - GLER announced it would be purchasing substantially all of the business assets of DigiTar, Inc. The agreement was cancelled on June 28, 2007. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5271193
Fraud #3 - $5,000,000 equity offering
January 26, 2007 - GLER announces that it has launched a $5,000,000 equity offering on the Berlin Stock Exchange. The equity offering never ended up happening. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=4903151
Fraud #4 - NexGen Bio Energy, LLC agreement
June 27, 2007 - GLER announced that it would purchase from NexGen Bio Energy LLC a 4 million gallon per year, automated, continuous flow, programmable logic controlled, biodiesel production plant designed by Biodiesel Technologies, Inc. and manufactured by Total Energy Resources, Inc. The agreement never happened. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5274237
Fraud #5 - RSI Solar Inc
March 29, 2010 - GLER announces a merger with 688239 B.C. Ltd entering the solar and wind power industry as RCI Solar, Inc. The merger would later get cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7244229
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7592346
Fraud #6 - Reflora do Brasil
November 22, 2010 - GLER announces an agreement with a Brazilian company called Reflora do Brasil which is supposed to bring in millions of dollars in assets and revenues. The agreement brought in no revenues and eventually disappeared into the night. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7576068
Fraud #7 - LifeCycle Investments, LLC
January 10, 2011 - GLER signs an agreement with a company set up by one of its insiders, LifeCycle Investments LLC, for a joint venture touted as a $12 million agreement. The agreement amounted to nothing. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7654149
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8230157
Fraud #8 - LB Tim Co Ltd
January 25, 2011 - GLER announces financing agreement with fake Korean company called LB Tim Co., Ltd. to receive $100,000,000.00 in financing. The agreement never happened. Just another scam to issue insiders shares to be dumped into the market.
http://www.sec.gov/Archives/edgar/data/1121901/000109181811000039/gler0131118k.htm
Fraud #9 - GFC 2005
February 9, 2011 - GLER announces an agreement with GFC 2005 for the purchase of over $7,000,000 in coal. The whole GFC 2005 business was proven to be a fraud. The agreement would end up being cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7711564
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59818854
Fraud #10 - Innovated Concepts of Ethanol Corp
February 22, 2011 - GLER announces a Joint Venture Agreement with Innovated Concepts of Ethanol Corp touted as a $45 million agreement. The Joint Venture Agreement was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.sec.gov/Archives/edgar/data/1121901/000109181811000073/gler0223118k.htm
Fraud #11 - Wins International Co., Ltd
February 22, 2011 - GLER announces an agreement with another fake South Korean company called Wins International Co., Ltd for the Sale and Purchase of $100,000,00 of Coal. The agreement was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.sec.gov/Archives/edgar/data/1121901/000109181811000076/gler02231128k.htm
Fraud #12 - Biosynergies Lubbock, LLC
February 24, 2011 - GLER announces a joint venture with Biosynergies Lubbock, LLC touted as a $195,000,000 joint venture. The joint venture was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.sec.gov/Archives/edgar/data/1121901/000109181811000081/gler0225118k.htm
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7853015
Fraud #13 - Modern Coal
April 8, 2011 - GLER signs an agreement with Modern Coal touting tens of millions of dollars in coal and equity funding. The agreement was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7956017
Fraud #14 - Global Earth Natural Resources Inc
June 16, 2011 - GLER announces a partnership with Global Earth Natural Resources Inc a company that GLER claims is worth $91,906,300.00 through a fraudulent evaluation. The partnership would end up just disappearing into the night. The agreement was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8001614
Fraud #15 - Samuel Coal, Inc
June 16, 2011 - GLER announces as part of the partnership with Global Earth Natural Resources Inc it would be acquiring Samuel Coal, Inc in what GLER called a $7,500,000.00 transaction. The acquisition never happened. The agreement was cancelled. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8001614
Fraud #16 - Fake $360 million coal purchase agreement
June 28, 2011 - GLER announcing it has received a $360 million coal purchase order from an anonymous foreign buyer. This laughable fraud of course never happened. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8015924
Fraud #17 - LB Tim Co Ltd recycled
July 5, 2011 - GLER recycles the fake $100,000,000 financing agreement with the fake Korean company, LB Tim Co Ltd. Again the financing agreement never ended up happening. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8026919
Fraud #18 - Western Energy Group
June 14, 2012 - GLER signs a joint venture with Western Energy Group for some oil & gas assets. The joint venture would never end up happening. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8675066
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9186958
Fraud #19 - Solar Power Utility Holdings Limited
December 24, 2012 - GLER announces a purchase agreement with Solar Power Utility Holdings Limited touted as a $15,000,000 agreement that would once again take GLER into the solar industry. The agreement never ended up happening. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8987347
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9186958
Fraud #20 - Apartment Scam
April 24, 2013 - GLER signed an agreement with Premier Automotive Concierge Services LLC and Mainline Land Co. LLC to acquire an apartment building located in Washington, D.C for $2,500,000. This was an arms length agreement with one of the directors of GLER, Meier Frankel and an agreement with Henry Grunbaum and Mainline Land Co. LLC to acquire apartment complexes for a total of $26,000,000 - another arms length agreement with Meier Frankel. The agreement was terminated soon after. Just another scam to issue insiders shares to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9266882
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9324514
Fraud #21 - Hawk Manufacturing Inc ??
August 28, 2013 - GLER announces an agreement for a 20% equity share exchange with Hawk Manufacturing, Inc. GLER fraudulent values the agreement at $4,300,000 by saying the 214,027,096 GLER shares issued to Hawk Manufacturing Inc are worth $.02/share ($4,280,542) when in fact on August 28, 2013 those shares were only worth $.0002/share or $42,806.
The question isn't if this agreement will also get cancelled. The question is when because it will eventually get cancelled just like the 20 fraud agreements before it.
------------
Not one of these agreements ever ended up closing. One scam after another. All of these Fraudulent Agreements were accompanied by several press releases to promote the GLER stock price while insiders were dumping shares into the market.
During this 8 years of fraud being conducting by Sydney Harland, GLER has done 3 reverse splits.
1 for 1000 reverse split in 2006
1 for 100 reverse split in 2009
1 for 1493 reverse split in 2012
During this 8 years of fraud being conducted by Sydney Harland, GLER has filed ten S-8 filings to register what amounts to trillions of shares of GLER stock (split adjusted) which has gotten sold into the market by GLER insiders through consulting agreements.
To date despite touting over 20 agreements worth several billion dollars according to Sydney Harland, GLER has never made even $.01 in revenues. Not a cent. $0 in revenues over that 8 years of fraud.
GLER has $0 in assets. No cash. Nothing. They have never had any assets. Their only asset is their lies to dump stock into the market.
The real business of GLER since Sydney and Betty-Ann Harland took over in late 2004 is issuing shares to insiders and dumping them into the market using fraudulent agreements.
When the Harlands took over the GLER shell in late 2004 there were 49,104,226 shares outstanding.
Let's track the share count since then:
November 30, 2004 - 49,104,226 shares
February 28, 2005 - 262,404,226 shares
April 11, 2005 - 413,404,226 shares
May 31, 2005 - 477,404,226 shares
July 12, 2005 - 483,404,226 shares
April 17, 2006 - GLER does a 1:1000 reverse split
February 28, 2007 - 12,724,553,000 shares (split adjusted)
May 31, 2007 - 15,839,360,000 shares (split adjusted)
November 27, 2007 - 24,585,571,000 shares (split adjusted)
May 31, 2008 - 26,462,569,000 shares (split adjusted)
January 13, 2009 - 26,983,403,000 shares (split adjusted)
July 17, 2009 - GLER does a 1:100 reverse split
December 4, 2009 - 624,233,400,000 shares (split adjusted)
January 11, 2010 - 2,564,233,400,000 shares (split adjusted)
June 30, 2010 - 12,196,647,800,000 shares (split adjusted)
November 30, 3010 - 22,373,777,300,000 shares (split adjusted)
February 28, 2011 - 39,792,866,400,000 shares (split adjusted)
May 31, 2011 - 54,897,146,500,000 shares (split adjusted)
July 20, 2011 - 64,581,341,300,000 shares (split adjusted)
November 30, 2011 - 70,944,157,400,000 shares (split adjusted)
January 7, 2012 - 72,679,849,200,000 shares (split adjusted)
May 23, 2012 - GLER does a 1:1493 reverse split
June 30, 2012 - 16,957,444,731,000,000 shares (split adjusted)
November 30, 2012 - 25,956,973,571,100,000 shares (split adjusted)
January 18, 2013 - 70,164,753,586,600,000 shares (split adjusted)
April 11, 2013 - 74,345,153,586,600,000 shares (split adjusted)
July 16, 2013 - 112,572,660,889,100,000 shares (split adjusted)
That's 112 zillion, 572 trillion 660 billion 889 million 100 thousand shares issued if you take all three reverse split into consideration.
Since the 1:1493 reverse split from May 23, 2012, GLER has already took their outstanding share count to 754,003,087 shares as of July 16, 2013 (barely over one year).
Since July 16, 2013, GLER has filed yet another S-8 to register yet another 250,000,000 shares at $.0001/share to be issued to insiders through consulting agreements and other arrangements to be dumped into the market.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9470883
This is why in July GLER raised their authorized share count to make more room to issue more shares.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9375331
And now we have a new fraud agreement being touted to help insiders unload those 250,000,000 new shares into the market. There will no doubt be many more shares that will follow those shares through debt conversions and other arrangements all with attorney Norman T. Reynolds providing the legal opinions.
----------
So shameful just what a scam GLER has been through the years and that people will buy and pump this stock ignoring its history.
I hope people are smart enough to realize that GLER is nothing but a pump&dump scam and they take profits before Sydney Harland, Betty-Ann Harland, and the other GLER insiders steal those profits away.
Hopefully after the Harlands are done diluting GLER down to no bid yet again FINRA will show enough common sense to not facilitate more future fraud by GLER by approving a 4th big reverse split.
Maybe some day the SEC will finally step in and we'll see GLER show up in future SEC litigation.
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